Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₴ 16000
per

Your estimated
City
free-cash

Andorra , Andorra
₴2013
₴2763
₴2485
₴3933
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
social contributions
-
-
-
3 520
income
-
-
-
-
total
-
-
-
3 520
Employee
11 195
-
13 853
-
social contributions
728
-
901
-
income
-
-
-
-
total
728
-
901
-
Employer
11 195
-
13 853
-
social contributions
1 735
-
2 147
-
total
1 735
-
2 147
-
Corporate
3 070
16 000
-
-
income
307
1 600
-
-
total
307
1 600
-
-
Dividends
2 762
14 400
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
2 770
1 600
3 048
3 520
After tax
13 230
14 400
12 952
12 480
Living cost
10 467
10 467
10 467
10 467
Free-cash
2 763
3 933
2 485
2 013

Estimated living cost  is ₴10467 per week

₴6768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
-₴2097
-₴3935
-₴4856
-₴2971
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
surtax
-
-
-
-
unemployment
-
-
-
2 136
health
-
-
-
1 224
chamber of commerce
-
-
-
64
pensions
-
-
-
2 960
income
-
-
-
603
total
-
-
-
6 987
Employee
15 222
13 877
13 877
-
unemployment
457
416
370
-
other
152
139
124
-
income
1 356
1 024
1 094
-
pensions
1 559
1 421
1 263
-
health
589
537
477
-
total
4 113
3 537
3 328
-
Employer
15 222
13 877
13 877
-
pensions
1 910
1 742
1 548
-
surtax
-
-
-
-
payroll
457
416
416
-
other
723
659
646
-
health
576
525
467
-
accident
198
180
161
-
unemployment
457
416
370
-
chamber of commerce
61
56
56
-
total
4 382
3 994
3 664
-
Corporate
1 322
1 322
11 015
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

330
330
2 754
-
total
330
330
2 754
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
8 825
7 861
9 746
6 987
After tax
7 175
8 139
6 254
9 013
Living cost
11 110
11 110
11 110
11 110
Free-cash
-3 935
-2 971
-4 856
-2 097

Estimated living cost  is ₴11110 per week

₴6664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
-₴3326
-₴6809
-₴6052
-₴4200
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
surtax
-
-
-
69
unemployment
-
-
-
2 136
health
-
-
-
1 224
chamber of commerce
-
-
-
64
pensions
-
-
-
2 960
income
-
-
-
603
total
-
-
-
7 056
Employee
17 403
13 877
13 877
-
unemployment
522
416
369
-
other
174
139
123
-
income
1 981
1 024
1 096
-
pensions
1 782
1 421
1 258
-
health
673
537
475
-
total
5 132
3 537
3 321
-
Employer
17 403
13 877
13 877
-
pensions
2 184
1 742
1 541
-
surtax
69
69
69
-
payroll
522
416
416
-
other
827
659
646
-
health
658
525
464
-
accident
226
180
160
-
unemployment
522
416
369
-
chamber of commerce
69
56
56
-
total
5 077
4 063
3 721
-
Corporate
1 322
1 322
10 959
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

330
330
2 740
-
total
330
330
2 740
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
10 539
7 930
9 782
7 056
After tax
5 461
8 070
6 218
8 944
Living cost
12 270
12 270
12 270
12 270
Free-cash
-6 809
-4 200
-6 052
-3 326

Estimated living cost  is ₴12270 per week

₴8184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
-₴3543
-₴16159
-₴5567
-₴3655
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
national
-
-
-
4 495
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
871
social contributions
-
-
-
1 480
total
-
-
-
6 846
Employee

The minimum management director salary is set at €45,000 per year.

24 909
-
12 392
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

217
-
108
-
national
7 658
-
2 996
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

1 299
-
646
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 868
-
929
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 170
-
583
-
total
12 212
-
5 262
-
Employer

The minimum management director salary is set at €45,000 per year.

24 909
-
12 392
-
surtax
2 824
-
1 405
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 207
-
1 098
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 532
-
763
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

324
-
161
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

363
-
181
-
total
7 250
-
3 608
-
Corporate
-
16 000
-
-
income
-
3 200
-
-
surtax
-
64
-
-
total
-
3 264
-
-
Dividends
-
12 736
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

-
3 694
-
-
total
-
3 694
-
-
Income
16 000
16 000
16 000
16 000
Total tax
19 462
6 958
8 870
6 846
After tax
-3 462
9 042
7 130
9 154
Living cost
12 697
12 697
12 697
12 697
Free-cash
-16 159
-3 655
-5 567
-3 543

Estimated living cost  is ₴12697 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴4376
₴5580
₴4515
₴7699
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
1 797
income
-
-
-
2 400
total
-
-
-
5 643
Employee
7 920
-
13 617
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
792
-
1 362
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

695
-
1 066
-
health
364
-
559
-
total
1 938
-
3 121
-
Employer
7 920
-
13 617
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

873
-
1 338
-
health
546
-
838
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 554
-
2 383
-
Corporate
6 527
16 000
-
-
income
653
1 600
-
-
total
653
1 600
-
-
Dividends
5 874
14 400
-
-
withholding
294
720
-
-
total
294
720
-
-
Income
16 000
16 000
16 000
16 000
Total tax
4 439
2 320
5 504
5 643
After tax
11 561
13 680
10 496
10 357
Living cost
5 981
5 981
5 981
5 981
Free-cash
5 580
7 699
4 515
4 376

Estimated living cost  is ₴5981 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴5799
₴7507
₴5938
₴9122
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
1 797
income
-
-
-
2 400
total
-
-
-
5 643
Employee
6 036
-
13 617
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
income
604
-
1 362
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

530
-
1 066
-
health
278
-
559
-
total
1 478
-
3 121
-
Employer
6 036
-
13 617
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

665
-
1 338
-
health
417
-
838
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
unemployment
36
-
73
-
total
1 184
-
2 383
-
Corporate
8 780
16 000
-
-
income
878
1 600
-
-
total
878
1 600
-
-
Dividends
7 901
14 400
-
-
withholding
395
720
-
-
total
395
720
-
-
Income
16 000
16 000
16 000
16 000
Total tax
3 935
2 320
5 504
5 643
After tax
12 065
13 680
10 496
10 357
Living cost
4 558
4 558
4 558
4 558
Free-cash
7 507
9 122
5 938
5 799

Estimated living cost  is ₴4558 per week

₴2661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴4992
₴1865
₴2166
₴64
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
health
-
-
-
408
social contributions
-
-
-
2 496
income
-
-
-
42
total
-
-
-
2 946
Employee
26 777
26 777
26 777
-
income
2 916
2 479
2 846
-
social contributions
1 012
2 222
1 205
-
health
207
455
247
-
total
4 135
5 156
4 298
-
Employer
26 777
26 777
26 777
-
social contributions
1 012
2 222
1 205
-
health
225
496
269
-
total
1 237
2 718
1 474
-
Corporate
2 565
-
-
-
income
320
-
-
-
total
320
-
-
-
Dividends
2 244
-
-
-
withholding
381
-
-
-
total
381
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
6 073
7 874
5 772
2 946
After tax
9 927
8 126
10 228
13 054
Living cost
8 062
8 062
8 062
8 062
Free-cash
1 865
64
2 166
4 992

Estimated living cost  is ₴8062 per week

₴4832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴1759
-₴1265
-₴1067
-₴3169
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
health
-
-
-
408
social contributions
-
-
-
2 496
income
-
-
-
42
total
-
-
-
2 946
Employee
26 777
26 777
26 777
-
income
2 812
2 479
2 846
-
social contributions
1 301
2 222
1 205
-
health
266
455
247
-
total
4 379
5 156
4 298
-
Employer
26 777
26 777
26 777
-
social contributions
1 301
2 222
1 205
-
health
290
496
269
-
total
1 591
2 718
1 474
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
5 970
7 874
5 772
2 946
After tax
10 030
8 126
10 228
13 054
Living cost
11 295
11 295
11 295
11 295
Free-cash
-1 265
-3 169
-1 067
1 759

Estimated living cost  is ₴11295 per week

₴7721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
-₴274
₴70
₴52
₴2949
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
health
-
-
-
2 160
social contributions
-
-
-
4 672
income
-
-
-
1 375
solidarity contribution
-
-
-
-
total
-
-
-
8 207
Employee
11 863
-
11 940
-
income
1 424
-
1 433
-
social contributions
771
-
776
-
health
1 601
-
1 612
-
solidarity contribution
-
-
-
-
total
3 796
-
3 821
-
Employer
11 863
-
11 940
-
social contributions
2 966
-
2 985
-
health
1 068
-
1 075
-
total
4 034
-
4 060
-
Corporate
104
16 000
-
-
income
20
3 040
-
-
total
20
3 040
-
-
Dividends
84
12 960
-
-
withholding
13
1 944
-
-
total
13
1 944
-
-
Income
16 000
16 000
16 000
16 000
Total tax
7 863
4 984
7 881
8 207
After tax
8 137
11 016
8 119
7 793
Living cost
8 067
8 067
8 067
8 067
Free-cash
70
2 949
52
-274

Estimated living cost  is ₴8067 per week

₴5603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
-₴2147
-₴3587
-₴1821
₴1076
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
health
-
-
-
2 160
social contributions
-
-
-
4 672
income
-
-
-
1 375
solidarity contribution
-
-
-
-
total
-
-
-
8 207
Employee
14 618
-
11 940
-
income
1 754
-
1 433
-
social contributions
950
-
776
-
health
1 973
-
1 612
-
solidarity contribution
-
-
-
-
total
4 677
-
3 821
-
Employer
14 618
-
11 940
-
social contributions
3 654
-
2 985
-
health
1 316
-
1 075
-
total
4 970
-
4 060
-
Corporate
-
16 000
-
-
income
-
3 040
-
-
total
-
3 040
-
-
Dividends
-
12 960
-
-
withholding
-
1 944
-
-
total
-
1 944
-
-
Income
16 000
16 000
16 000
16 000
Total tax
9 647
4 984
7 881
8 207
After tax
6 353
11 016
8 119
7 793
Living cost
9 940
9 940
9 940
9 940
Free-cash
-3 587
1 076
-1 821
-2 147

Estimated living cost  is ₴9940 per week

₴7392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-₴6172
-₴60086
-₴60086
-₴60086
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
national
-
-
-
1 409
pensions
-
-
-
303
municipal
-
-
-
2 386
labour market
-
-
-
1 256
total
-
-
-
5 354
Employee
70 985
70 985
70 985
-
municipal
15 116
15 116
15 116
-
national
8 672
8 672
8 672
-
pensions
101
101
101
-
labour market
5 671
5 671
5 671
-
total
29 560
29 560
29 560
-
Employer
70 985
70 985
70 985
-
pensions
202
202
202
-
labour market
5 679
5 679
5 679
-
municipal
15 140
15 140
15 140
-
national
8 687
8 687
8 687
-
total
29 708
29 708
29 708
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
59 268
59 268
59 268
5 354
After tax
-43 268
-43 268
-43 268
10 646
Living cost
16 818
16 818
16 818
16 818
Free-cash
-60 086
-60 086
-60 086
-6 172

Estimated living cost  is ₴16818 per week

₴11511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴824
₴2226
₴1380
₴4389
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
health
-
-
-
2 080
pensions
-
-
-
3 200
income
-
-
-
1 485
total
-
-
-
6 765
Employee
9 879
-
11 958
-
unemployment
158
-
192
-
income
1 112
-
1 736
-
pensions
198
-
239
-
total
1 468
-
2 167
-
Employer
9 879
-
11 958
-
pensions
1 976
-
2 392
-
health
1 284
-
1 554
-
unemployment
79
-
96
-
total
3 339
-
4 042
-
Corporate
2 782
16 000
-
-
income
556
3 200
-
-
total
556
3 200
-
-
Dividends
2 226
12 800
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
5 363
3 200
6 209
6 765
After tax
10 637
12 800
9 791
9 235
Living cost
8 411
8 411
8 411
8 411
Free-cash
2 226
4 389
1 380
824

Estimated living cost  is ₴8411 per week

₴5769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
-₴588
-₴5779
-₴3333
-₴2297
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
16 000
national
-
-
-
256
health
-
-
-
101
municipal
-
-
-
2 862
total
-
-
-
3 219
Employee
18 321
-
13 460
-
unemployment
275
-
202
-
municipal
3 001
-
2 212
-
national
303
-
40
-
pensions
1 236
-
909
-
health
137
-
62
-
total
4 952
-
3 425
-
Employer
18 321
-
13 460
-
pensions
3 179
-
2 335
-
health
141
-
104
-
accident
19
-
13
-
unemployment
119
-
87
-
total
3 458
-
2 539
-
Corporate
-
16 000
-
-
income
-
3 200
-
-
total
-
3 200
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

-
9 600
-
-
municipal
-
1 728
-
-
national
-
-
-
-
total
-
1 728
-
-
Income
16 000
16 000
16 000
16 000
Total tax
8 410
4 928
5 964
3 219
After tax
7 590
11 072
10 036
12 781
Living cost
13 369
13 369
13 369
13 369
Free-cash
-5 779
-2 297
-3 333
-588

Estimated living cost  is ₴13369 per week

₴8733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
-₴1055
-₴1458
-₴819
-₴2669
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
surtax
-
-
-
-
health
-
-
-
139
pensions
-
-
-
4 715
social contributions
-
-
-
456
income
-
-
-
516
other
-
-
-
496
total
-
-
-
6 322
Employee
13 303
-
12 192
-
income
686
-
552
-
surtax
-
-
-
-
social contributions
379
-
348
-
pensions
1 505
-
1 379
-
total
2 570
-
2 279
-
Employer
13 303
-
12 192
-
pensions
2 186
-
2 003
-
social contributions
40
-
36
-
other
459
-
421
-
health
931
-
853
-
unemployment
539
-
494
-
total
4 155
-
3 807
-
Corporate
-
16 000
-
-
income
-
4 480
-
-
surtax
-
-
-
-
total
-
4 480
-
-
Dividends
-
11 520
-
-
withholding
-
1 474
-
-
social contributions
-
1 982
-
-
surtax
-
-
-
-
total
-
3 456
-
-
Income
16 000
16 000
16 000
16 000
Total tax
6 725
7 936
6 086
6 322
After tax
9 275
8 064
9 914
9 678
Living cost
10 734
10 734
10 734
10 734
Free-cash
-1 458
-2 669
-819
-1 055

Estimated living cost  is ₴10734 per week

₴6225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
-₴2236
-₴3557
-₴2000
-₴3850
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
surtax
-
-
-
-
health
-
-
-
139
pensions
-
-
-
4 715
social contributions
-
-
-
456
income
-
-
-
516
other
-
-
-
496
total
-
-
-
6 322
Employee
14 903
-
12 192
-
income
880
-
552
-
surtax
-
-
-
-
social contributions
425
-
348
-
pensions
1 685
-
1 379
-
total
2 990
-
2 279
-
Employer
14 903
-
12 192
-
pensions
2 448
-
2 003
-
social contributions
45
-
36
-
other
514
-
421
-
health
1 043
-
853
-
unemployment
603
-
494
-
total
4 653
-
3 807
-
Corporate
-
16 000
-
-
income
-
4 480
-
-
surtax
-
-
-
-
total
-
4 480
-
-
Dividends
-
11 520
-
-
withholding
-
1 474
-
-
social contributions
-
1 982
-
-
surtax
-
-
-
-
total
-
3 456
-
-
Income
16 000
16 000
16 000
16 000
Total tax
7 643
7 936
6 086
6 322
After tax
8 357
8 064
9 914
9 678
Living cost
11 914
11 914
11 914
11 914
Free-cash
-3 557
-3 850
-2 000
-2 236

Estimated living cost  is ₴11914 per week

₴7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
-₴7141
-₴12622
-₴6905
-₴8755
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
surtax
-
-
-
-
health
-
-
-
139
pensions
-
-
-
4 715
social contributions
-
-
-
456
income
-
-
-
516
other
-
-
-
496
total
-
-
-
6 322
Employee
21 810
-
12 192
-
income
1 903
-
552
-
surtax
-
-
-
-
social contributions
621
-
348
-
pensions
2 467
-
1 379
-
total
4 991
-
2 279
-
Employer
21 810
-
12 192
-
pensions
3 584
-
2 003
-
social contributions
65
-
36
-
other
753
-
421
-
health
1 526
-
853
-
unemployment
884
-
494
-
total
6 812
-
3 807
-
Corporate
-
16 000
-
-
income
-
4 480
-
-
surtax
-
-
-
-
total
-
4 480
-
-
Dividends
-
11 520
-
-
withholding
-
1 474
-
-
social contributions
-
1 982
-
-
surtax
-
-
-
-
total
-
3 456
-
-
Income
16 000
16 000
16 000
16 000
Total tax
11 803
7 936
6 086
6 322
After tax
4 197
8 064
9 914
9 678
Living cost
16 819
16 819
16 819
16 819
Free-cash
-12 622
-8 755
-6 905
-7 141

Estimated living cost  is ₴16819 per week

₴11383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴13600
₴12540
₴10560
₴12960
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
16 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
160
total
-
-
-
160
Employee
2 799
-
16 000
-
income
560
-
3 200
-
total
560
-
3 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

13 201
16 000
-
-
total
-
-
-
-
Dividends
13 201
16 000
-
-
withholding
660
800
-
-
total
660
800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
1 220
800
3 200
160
After tax
14 780
15 200
12 800
15 840
Living cost
2 240
2 240
2 240
2 240
Free-cash
12 540
12 960
10 560
13 600

Estimated living cost  is ₴2240 per week

₴1388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
₴12350
₴11055
₴9310
₴11710
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
16 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
160
total
-
-
-
160
Employee
4 362
-
16 000
-
income
873
-
3 200
-
total
873
-
3 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

11 638
16 000
-
-
total
-
-
-
-
Dividends
11 638
16 000
-
-
withholding
582
800
-
-
total
582
800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
1 455
800
3 200
160
After tax
14 545
15 200
12 800
15 840
Living cost
3 490
3 490
3 490
3 490
Free-cash
11 055
11 710
9 310
12 350

Estimated living cost  is ₴3490 per week

₴2362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Berlin , Germany
-₴947
-₴1327
-₴947
-₴5135
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
16 000
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
59
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
2 379
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
1 065
trade
-
-
-
-
total
-
-
-
3 503
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

17 326
-
16 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 425
-
1 065
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

79
-
59
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 379
-
2 379
-
total
3 883
-
3 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
trade
-
2 296
-
-
income
-
2 400
-
-
chamber of commerce
-
77
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
132
-
-
total
-
4 905
-
-
Dividends
-
11 095
-
-
withholding
-
2 641
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
145
-
-
total
-
2 786
-
-
Income
16 000
16 000
16 000
16 000
Total tax
3 883
7 691
3 503
3 503
After tax
12 117
8 309
12 497
12 497
Living cost
13 444
13 444
13 444
13 444
Free-cash
-1 327
-5 135
-947
-947

Estimated living cost  is ₴13444 per week

₴9274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Dresden , Germany
₴1950
₴1450
₴1950
-₴2403
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
16 000
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
59
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
2 379
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
1 065
trade
-
-
-
-
total
-
-
-
3 503
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

13 319
-
16 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

372
-
1 065
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

20
-
59
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 379
-
2 379
-
total
2 771
-
3 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 681
16 000
-
-
trade
422
2 520
-
-
income
402
2 400
-
-
chamber of commerce
57
76
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

22
132
-
-
total
903
5 128
-
-
Dividends
1 778
10 872
-
-
withholding
312
2 586
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

17
142
-
-
total
329
2 728
-
-
Income
16 000
16 000
16 000
16 000
Total tax
4 003
7 856
3 503
3 503
After tax
11 997
8 144
12 497
12 497
Living cost
10 547
10 547
10 547
10 547
Free-cash
1 450
-2 403
1 950
1 950

Estimated living cost  is ₴10547 per week

₴6635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Hamburg , Germany
-₴1183
-₴1659
-₴1183
-₴5618
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
16 000
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
59
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
2 379
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
1 065
trade
-
-
-
-
total
-
-
-
3 503
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

17 659
-
16 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 517
-
1 065
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

83
-
59
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 379
-
2 379
-
total
3 979
-
3 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
trade
-
2 632
-
-
income
-
2 400
-
-
chamber of commerce
-
75
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
132
-
-
total
-
5 239
-
-
Dividends
-
10 760
-
-
withholding
-
2 558
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
141
-
-
total
-
2 699
-
-
Income
16 000
16 000
16 000
16 000
Total tax
3 979
7 938
3 503
3 503
After tax
12 021
8 062
12 497
12 497
Living cost
13 680
13 680
13 680
13 680
Free-cash
-1 659
-5 618
-1 183
-1 183

Estimated living cost  is ₴13680 per week

₴9149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Munich , Germany
-₴3455
-₴4927
-₴3455
-₴7972
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
16 000
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
59
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
2 379
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
1 065
trade
-
-
-
-
total
-
-
-
3 503
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

20 928
-
16 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

2 461
-
1 065
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

135
-
59
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 379
-
2 379
-
total
4 975
-
3 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
trade
-
2 744
-
-
income
-
2 400
-
-
chamber of commerce
-
75
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
132
-
-
total
-
5 351
-
-
Dividends
-
10 649
-
-
withholding
-
2 530
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
139
-
-
total
-
2 669
-
-
Income
16 000
16 000
16 000
16 000
Total tax
4 975
8 020
3 503
3 503
After tax
11 025
7 980
12 497
12 497
Living cost
15 952
15 952
15 952
15 952
Free-cash
-4 927
-7 972
-3 455
-3 455

Estimated living cost  is ₴15952 per week

₴11651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Athens , Greece
₴1366
₴1136
₴973
₴2243
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
surtax
-
-
-
81
unemployment
-
-
-
79
health
-
-
-
1 136
pensions
-
-
-
3 200
income
-
-
-
2 317
other
-
-
-
-
total
-
-
-
6 813
Employee
11 727
-
13 218
-
unemployment
816
-
920
-
other
-
-
-
-
income
1 966
-
2 216
-
surtax
42
-
69
-
pensions
782
-
882
-
health
299
-
337
-
total
3 905
-
4 424
-
Employer
11 727
-
13 218
-
pensions
1 564
-
1 762
-
other
-
-
-
-
health
533
-
601
-
unemployment
372
-
419
-
total
2 469
-
2 782
-
Corporate
1 804
16 000
-
-
income
469
4 160
-
-
total
469
4 160
-
-
Dividends
1 335
11 840
-
-
withholding
200
1 776
-
-
total
200
1 776
-
-
Income
16 000
16 000
16 000
16 000
Total tax
7 043
5 936
7 206
6 813
After tax
8 957
10 064
8 794
9 187
Living cost
7 822
7 822
7 822
7 822
Free-cash
1 136
2 243
973
1 366

Estimated living cost  is ₴7822 per week

₴4722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴1503
₴1295
₴1110
₴2380
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
surtax
-
-
-
81
unemployment
-
-
-
79
health
-
-
-
1 136
pensions
-
-
-
3 200
income
-
-
-
2 317
other
-
-
-
-
total
-
-
-
6 813
Employee
11 516
-
13 218
-
unemployment
802
-
920
-
other
-
-
-
-
income
1 930
-
2 216
-
surtax
38
-
69
-
pensions
768
-
882
-
health
294
-
337
-
total
3 832
-
4 424
-
Employer
11 516
-
13 218
-
pensions
1 535
-
1 762
-
other
-
-
-
-
health
524
-
601
-
unemployment
365
-
419
-
total
2 424
-
2 782
-
Corporate
2 061
16 000
-
-
income
536
4 160
-
-
total
536
4 160
-
-
Dividends
1 525
11 840
-
-
withholding
229
1 776
-
-
total
229
1 776
-
-
Income
16 000
16 000
16 000
16 000
Total tax
7 021
5 936
7 206
6 813
After tax
8 979
10 064
8 794
9 187
Living cost
7 684
7 684
7 684
7 684
Free-cash
1 295
2 380
1 110
1 503

Estimated living cost  is ₴7684 per week

₴4698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴4112
₴2271
₴2303
₴2124
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
unemployment
-
-
-
240
health
-
-
-
1 120
pensions
-
-
-
1 600
income
-
-
-
1 956
total
-
-
-
4 916
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

10 064
4 005
13 389
-
unemployment
151
60
201
-
income
1 230
490
1 637
-
pensions
1 006
401
1 339
-
health
704
280
937
-
total
3 091
1 231
4 114
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

10 064
4 005
13 389
-
pensions
1 962
781
2 611
-
total
1 962
781
2 611
-
Corporate
3 974
11 214
-
-
income
358
1 009
-
-
total
358
1 009
-
-
Dividends
3 616
10 204
-
-
withholding
687
1 939
-
-
social contributions
659
1 944
-
-
total
1 346
3 883
-
-
Income
16 000
16 000
16 000
16 000
Total tax
6 757
6 904
6 725
4 916
After tax
9 243
9 096
9 275
11 084
Living cost
6 972
6 972
6 972
6 972
Free-cash
2 271
2 124
2 303
4 112

Estimated living cost  is ₴6972 per week

₴4758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
-₴6655
-₴12513
-₴6530
-₴6879
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
national
-
-
-
2 249
pensions
-
-
-
1 920
social contributions
-
-
-
172
municipal
-
-
-
1 451
total
-
-
-
5 792
Employee
26 141
-
13 832
-
municipal
3 229
-
1 513
-
national
5 003
-
2 345
-
pensions
1 046
-
553
-
total
9 278
-
4 411
-
Employer
26 141
-
13 832
-
pensions
2 091
-
1 107
-
social contributions
281
-
149
-
total
2 372
-
1 256
-
Corporate
-
16 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
3 200
-
-
total
-
3 200
-
-
Dividends
-
12 800
-
-
withholding
-
2 816
-
-
total
-
2 816
-
-
Income
16 000
16 000
16 000
16 000
Total tax
11 650
6 016
5 667
5 792
After tax
4 350
9 984
10 333
10 208
Living cost
16 863
16 863
16 863
16 863
Free-cash
-12 513
-6 879
-6 530
-6 655

Estimated living cost  is ₴16863 per week

₴11462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
-₴6971
-₴11239
-₴6971
-₴8636
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
social contributions
-
-
-
1 026
income
-
-
-
2 109
total
-
-
-
3 135
Employee
27 239
-
16 000
-
social contributions
2 263
-
1 026
-
income
5 140
-
2 109
-
total
7 403
-
3 135
-
Employer
27 239
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends
-
14 000
-
-
withholding
-
2 800
-
-
total
-
2 800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
7 403
4 800
3 135
3 135
After tax
8 597
11 200
12 865
12 865
Living cost
19 836
19 836
19 836
19 836
Free-cash
-11 239
-8 636
-6 971
-6 971

Estimated living cost  is ₴19836 per week

₴15091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
-₴5869
-₴14949
-₴6774
-₴6157
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
national
-
-
-
2 812
regional
-
-
-
153
social contributions
-
-
-
4 115
municipal
-
-
-
95
total
-
-
-
7 175
Employee
30 948
-
16 000
-
municipal
164
-
85
-
national
5 363
-
2 467
-
social contributions
10 436
-
5 395
-
regional
292
-
133
-
total
16 255
-
8 080
-
Employer
30 948
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
nationa
-
3 840
-
-
municipal
-
624
-
-
total
-
4 464
-
-
Dividends
-
11 536
-
-
withholding
-
2 999
-
-
total
-
2 999
-
-
Income
16 000
16 000
16 000
16 000
Total tax
16 255
7 463
8 080
7 175
After tax
-255
8 537
7 920
8 825
Living cost
14 694
14 694
14 694
14 694
Free-cash
-14 949
-6 157
-6 774
-5 869

Estimated living cost  is ₴14694 per week

₴10243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
-₴644
-₴3316
-₴1542
-₴970
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
16 000
national
-
-
-
2 812
regional
-
-
-
242
social contributions
-
-
-
4 115
municipal
-
-
-
95
total
-
-
-
7 264
Employee
19 316
-
16 000
-
municipal
102
-
85
-
national
3 060
-
2 467
-
social contributions
6 514
-
5 395
-
regional
260
-
215
-
total
9 936
-
8 162
-
Employer
19 316
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
nationa
-
3 840
-
-
municipal
-
795
-
-
total
-
4 635
-
-
Dividends
- <