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
₴ 16500
per

Your estimated
City
free-cash

Valencia , Spain
₴1172
₴912
₴790
₴2804
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
-
-
-
16 500
unemployment
-
-
-
116
income
-
-
-
2 413
other
-
-
-
17
accident
-
-
-
149
pensions
-
-
-
4 670
total
-
-
-
7 365
Employee
11 221
-
12 511
-
unemployment
174
-
194
-
pensions
528
-
588
-
income
2 163
-
2 459
-
other
11
-
13
-
total
2 876
-
3 254
-
Employer
11 221
-
12 511
-
pensions
2 648
-
2 953
-
accident
222
-
248
-
unemployment
617
-
688
-
other
90
-
100
-
total
3 577
-
3 989
-
Corporate
1 702
16 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

255
2 475
-
-
total
255
2 475
-
-
Dividends
1 447
14 025
-
-
withholding
275
2 876
-
-
total
275
2 876
-
-
Income
16 500
16 500
16 500
16 500
Total tax
6 983
5 351
7 243
7 365
After tax
9 517
11 149
9 257
9 135
Living cost
8 345
8 345
8 345
8 345
Free-cash
1 172
2 804
912
790

Estimated living cost  is ₴8345 per week

₴5633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1764
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
Bratislava , Slovakia
₴1988
₴1586
₴848
₴4037
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
-
-
-
16 500
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
3 960
income
-
-
-
2 096
other
-
-
-
784
health
-
-
-
726
total
-
-
-
7 566
Employee
11 018
-
13 179
-
health
154
-
184
-
unemployment
110
-
132
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

771
-
923
-
income
1 897
-
2 268
-
total
2 932
-
3 507
-
Employer
11 018
-
13 179
-
health
154
-
184
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 873
-
2 241
-
accident
88
-
105
-
unemployment
110
-
132
-
other
551
-
659
-
total
2 776
-
3 321
-
Corporate
2 705
16 500
-
-
income
568
3 465
-
-
total
568
3 465
-
-
Dividends
2 137
13 035
-
-
withholding
150
912
-
-
total
150
912
-
-
Income
16 500
16 500
16 500
16 500
Total tax
6 426
4 377
6 828
7 566
After tax
10 074
12 123
9 672
8 934
Living cost
8 086
8 086
8 086
8 086
Free-cash
1 988
4 037
1 586
848

Estimated living cost  is ₴8086 per week

₴5713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
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.
₴1697
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
₴8709
₴7449
₴7203
₴10120
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
-
-
-
16 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
2 475
health
-
-
-
1 221
total
-
-
-
5 310
Employee
5 279
-
14 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
933
-
income
528
-
1 441
-
total
1 292
-
2 980
-
Employer
5 279
-
14 416
-
health
364
-
733
-
pensions

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

582
-
1 170
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 084
-
Corporate
10 185
16 500
-
-
income
1 018
1 650
-
-
total
1 018
1 650
-
-
Dividends
9 167
14 850
-
-
withholding
458
743
-
-
total
458
743
-
-
Income
16 500
16 500
16 500
16 500
Total tax
3 804
2 393
5 064
5 310
After tax
12 696
14 107
11 436
11 190
Living cost
3 987
3 987
3 987
3 987
Free-cash
8 709
10 120
7 449
7 203

Estimated living cost  is ₴3987 per week

₴2327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
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.
₴1269
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
-₴542
-₴304
-₴473
-₴2066
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
-
-
-
16 500
income
-
-
-
692
other
-
-
-
511
health
-
-
-
143
social contributions
-
-
-
470
pensions
-
-
-
4 775
surtax
-
-
-
-
total
-
-
-
6 591
Employee
12 988
-
12 573
-
pensions
1 468
-
1 422
-
income
766
-
716
-
social contributions
370
-
358
-
surtax
-
-
-
-
total
2 604
-
2 496
-
Employer
12 988
-
12 573
-
health
909
-
880
-
social contributions
39
-
37
-
pensions
2 134
-
2 066
-
unemployment
526
-
509
-
other
448
-
434
-
total
4 056
-
3 926
-
Corporate
-
16 500
-
-
income
-
4 620
-
-
surtax
-
-
-
-
total
-
4 620
-
-
Dividends
-
11 880
-
-
social contributions
-
2 043
-
-
surtax
-
-
-
-
withholding
-
1 521
-
-
total
-
3 564
-
-
Income
16 500
16 500
16 500
16 500
Total tax
6 660
8 184
6 422
6 591
After tax
9 840
8 316
10 078
9 909
Living cost
10 382
10 382
10 382
10 382
Free-cash
-542
-2 066
-304
-473

Estimated living cost  is ₴10382 per week

₴6547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
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.
₴2815
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
Rotterdam , Netherlands
-₴13635
-₴13635
-₴3269
-₴11930
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
-
-
-
16 500
pensions
-
-
-
2 970
income
-
-
-
1 554
health
-
-
-
2 533
total
-
-
-
7 057
Employee
25 914
25 914
25 914
-
health
3 978
3 383
3 978
-
pensions
4 665
3 555
4 665
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

4 242
4 242
4 242
-
total
12 885
11 180
12 885
-
Employer
25 914
25 914
25 914
-
health
1 801
1 801
1 801
-
pensions
1 804
1 804
1 804
-
unemployment
933
933
933
-
total
4 538
4 538
4 538
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 500
16 500
16 500
16 500
Total tax
17 423
15 718
17 423
7 057
After tax
-923
782
-923
9 443
Living cost
12 712
12 712
12 712
12 712
Free-cash
-13 635
-11 930
-13 635
-3 269

Estimated living cost  is ₴12712 per week

₴9009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
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.
₴2355
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
Dresden , Germany
₴2548
₴3510
₴3133
-₴810
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.

-
-
-
16 500
trade
-
-
-
377
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.

-
-
-
1 635
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.

-
-
-
2 073
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.

-
-
-
90
total
-
-
-
4 175
Employee

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

11 607
-
16 500
-
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.

2 073
-
2 073
-
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.

324
-
1 635
-
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.

18
-
90
-
total
2 415
-
3 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 893
16 500
-
-
income
734
2 475
-
-
trade
771
2 599
-
-
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.

40
136
-
-
chamber of commerce
53
70
-
-
total
1 598
5 280
-
-
Dividends
3 295
11 220
-
-
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.

39
148
-
-
withholding
708
2 690
-
-
total
747
2 838
-
-
Income
16 500
16 500
16 500
16 500
Total tax
4 760
8 118
3 798
4 175
After tax
11 740
8 382
12 702
12 325
Living cost
9 192
9 192
9 192
9 192
Free-cash
2 548
-810
3 510
3 133

Estimated living cost  is ₴9192 per week

₴5782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1072
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.
₴2166
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.

Larnaca , Cyprus
₴3480
₴4045
₴6024
₴2611
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
-
-
-
16 500
income
-
-
-
455
health
-
-
-
421
social contributions
-
-
-
2 574
total
-
-
-
3 450
Employee
23 335
23 335
23 335
-
health
181
397
255
-
income
2 541
2 160
2 411
-
social contributions
882
1 937
1 243
-
total
3 604
4 494
3 909
-
Employer
23 335
23 335
23 335
-
health
196
432
277
-
social contributions
882
1 937
1 243
-
total
1 078
2 369
1 520
-
Corporate
4 792
-
-
-
income
599
-
-
-
total
599
-
-
-
Dividends
4 193
-
-
-
withholding
713
-
-
-
total
713
-
-
-
Income
16 500
16 500
16 500
16 500
Total tax
5 994
6 863
5 429
3 450
After tax
10 506
9 637
11 071
13 050
Living cost
7 026
7 026
7 026
7 026
Free-cash
3 480
2 611
4 045
6 024

Estimated living cost  is ₴7026 per week

₴4211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1971
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
Lisbon , Portugal
-₴772
-₴362
₴40
-₴134
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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
16 500
income
-
-
-
1 207
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
5 734
surtax
-
-
-
-
total
-
-
-
6 941
Employee
13 957
-
13 333
-
income
2 903
-
2 709
-
social contributions
1 535
-
1 467
-
surtax
-
-
-
-
total
4 438
-
4 176
-
Employer
13 957
-
13 333
-
social contributions
3 315
-
3 167
-
total
3 315
-
3 167
-
Corporate
-
16 500
-
-
income
-
3 465
-
-
surtax
-
-
-
-
total
-
3 465
-
-
Dividends
-
13 035
-
-
withholding
-
3 650
-
-
total
-
3 650
-
-
Income
16 500
16 500
16 500
16 500
Total tax
7 753
7 115
7 343
6 941
After tax
8 747
9 385
9 157
9 559
Living cost
9 519
9 519
9 519
9 519
Free-cash
-772
-134
-362
40

Estimated living cost  is ₴9519 per week

₴7122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
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.
₴1676
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
₴12943
₴10899
₴14034
₴13374
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%.

-
-
-
16 500
microenterprise

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

-
-
-
165
total
-
-
-
165
Employee
2 876
-
16 500
-
income
575
-
3 300
-
total
575
-
3 300
-
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%.

13 624
16 500
-
-
total
-
-
-
-
Dividends
13 624
16 500
-
-
withholding
681
825
-
-
total
681
825
-
-
Income
16 500
16 500
16 500
16 500
Total tax
1 256
825
3 300
165
After tax
15 244
15 675
13 200
16 335
Living cost
2 301
2 301
2 301
2 301
Free-cash
12 943
13 374
10 899
14 034

Estimated living cost  is ₴2301 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴620
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.

Ljubljana , Slovenia
₴683
₴487
₴1004
₴3220
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

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
16 500
pensions
-
-
-
3 014
unemployment
-
-
-
25
income
-
-
-
2 694
health
-
-
-
1 623
total
-
-
-
7 356
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 419
-
14 277
-
health
867
-
923
-
unemployment
19
-
20
-
pensions
2 080
-
2 213
-
income
2 314
-
2 494
-
total
5 280
-
5 650
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 419
-
14 277
-
health
894
-
951
-
pensions
1 187
-
1 263
-
unemployment
8
-
9
-
total
2 089
-
2 223
-
Corporate
992
16 500
-
-
income
188
3 135
-
-
total
188
3 135
-
-
Dividends
803
13 365
-
-
withholding
120
2 005
-
-
total
120
2 005
-
-
Income
16 500
16 500
16 500
16 500
Total tax
7 677
5 140
7 873
7 356
After tax
8 823
11 360
8 627
9 144
Living cost
8 140
8 140
8 140
8 140
Free-cash
683
3 220
487
1 004

Estimated living cost  is ₴8140 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
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.
₴1874
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
Sliema , Malta
-₴138
₴886
-₴5062
-₴1894
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 use The Residence Programme or The Global Residence Programme.

-
-
-
16 500
income
-
-
-
8 638
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
1 908
total
-
-
-
10 546
Employee
13 921
-
15 104
-
social contributions
1 395
-
1 396
-
income
1 511
-
1 806
-
total
2 906
-
3 202
-
Employer
13 921
-
15 104
-
social contributions
1 395
-
1 396
-
total
1 395
-
1 396
-
Corporate
1 184
16 500
-
-
income
415
5 775
-
-
total
415
5 775
-
-
Dividends
770
10 725
-
-
social contributions
906
1 603
-
-
total
906
1 603
-
-
Income
16 500
16 500
16 500
16 500
Total tax
5 622
7 378
4 598
10 546
After tax
10 878
9 122
11 902
5 954
Living cost
11 016
11 016
11 016
11 016
Free-cash
-138
-1 894
886
-5 062

Estimated living cost  is ₴11016 per week

₴7256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2722
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
Vilnius , Lithuania
₴3790
₴3491
₴4161
₴3632
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
-
-
-
16 500
income
-
-
-
2 475
health
-
-
-
1 152
social contributions
-
-
-
2 277
total
-
-
-
5 904
Employee
10 289
-
16 500
-
health
718
-
1 152
-
income
1 716
-
3 145
-
social contributions
1 420
-
2 277
-
total
3 854
-
6 574
-
Employer
10 289
-
16 500
-
total
-
-
-
-
Corporate
6 211
16 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

310
825
-
-
total
310
825
-
-
Dividends
5 900
15 675
-
-
social contributions
814
2 163
-
-
withholding
885
2 351
-
-
health
412
1 094
-
-
total
2 111
5 608
-
-
Income
16 500
16 500
16 500
16 500
Total tax
6 275
6 433
6 574
5 904
After tax
10 225
10 067
9 926
10 596
Living cost
6 435
6 435
6 435
6 435
Free-cash
3 790
3 632
3 491
4 161

Estimated living cost  is ₴6435 per week

₴4306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
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.
₴1583
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
-₴257
-₴130
-₴468
₴2856
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
-
-
-
16 500
income
-
-
-
1 418
health
-
-
-
2 228
social contributions
-
-
-
4 818
solidarity contribution
-
-
-
-
total
-
-
-
8 464
Employee
12 505
-
12 313
-
health
1 688
-
1 662
-
solidarity contribution
-
-
-
-
income
1 501
-
1 478
-
social contributions
813
-
800
-
total
4 002
-
3 940
-
Employer
12 505
-
12 313
-
health
1 125
-
1 108
-
social contributions
3 126
-
3 078
-
total
4 251
-
4 186
-
Corporate
-
16 500
-
-
income
-
3 135
-
-
total
-
3 135
-
-
Dividends
-
13 365
-
-
withholding
-
2 005
-
-
total
-
2 005
-
-
Income
16 500
16 500
16 500
16 500
Total tax
8 253
5 140
8 126
8 464
After tax
8 247
11 360
8 374
8 036
Living cost
8 504
8 504
8 504
8 504
Free-cash
-257
2 856
-130
-468

Estimated living cost  is ₴8504 per week

₴6324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1562
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
Tbilisi , Georgia
₴11418
₴9615
₴12750
₴12090
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%.

-
-
-
16 500
microenterprise

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

-
-
-
165
total
-
-
-
165
Employee
4 482
-
16 500
-
income
896
-
3 300
-
total
896
-
3 300
-
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%.

12 018
16 500
-
-
total
-
-
-
-
Dividends
12 018
16 500
-
-
withholding
601
825
-
-
total
601
825
-
-
Income
16 500
16 500
16 500
16 500
Total tax
1 497
825
3 300
165
After tax
15 003
15 675
13 200
16 335
Living cost
3 585
3 585
3 585
3 585
Free-cash
11 418
12 090
9 615
12 750

Estimated living cost  is ₴3585 per week

₴2426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴888
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.

Paris , France
-₴8442
-₴4579
-₴4748
-₴6341
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
-
-
-
16 500
income
-
-
-
692
other
-
-
-
511
health
-
-
-
143
social contributions
-
-
-
470
pensions
-
-
-
4 775
surtax
-
-
-
-
total
-
-
-
6 591
Employee
19 006
-
12 573
-
pensions
2 150
-
1 422
-
income
1 658
-
716
-
social contributions
541
-
358
-
surtax
-
-
-
-
total
4 349
-
2 496
-
Employer
19 006
-
12 573
-
health
1 330
-
880
-
social contributions
57
-
37
-
pensions
3 123
-
2 066
-
unemployment
770
-
509
-
other
656
-
434
-
total
5 936
-
3 926
-
Corporate
-
16 500
-
-
income
-
4 620
-
-
surtax
-
-
-
-
total
-
4 620
-
-
Dividends
-
11 880
-
-
social contributions
-
2 043
-
-
surtax
-
-
-
-
withholding
-
1 521
-
-
total
-
3 564
-
-
Income
16 500
16 500
16 500
16 500
Total tax
10 285
8 184
6 422
6 591
After tax
6 215
8 316
10 078
9 909
Living cost
14 657
14 657
14 657
14 657
Free-cash
-8 442
-6 341
-4 579
-4 748

Estimated living cost  is ₴14657 per week

₴9919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
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.
₴3337
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
Belgrade , Serbia
₴5206
₴3671
₴2960
₴6692
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

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
16 500
pensions
-
-
-
4 290
unemployment
-
-
-
248
income
-
-
-
2 074
health
-
-
-
1 699
total
-
-
-
8 311
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 886
-
13 995
-
health
406
-
721
-
unemployment
59
-
105
-
pensions
1 104
-
1 959
-
income
1 087
-
2 310
-
total
2 656
-
5 095
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 886
-
13 995
-
health
406
-
721
-
pensions
946
-
1 679
-
unemployment
59
-
105
-
total
1 411
-
2 505
-
Corporate
7 203
16 500
-
-
income
1 080
2 475
-
-
total
1 080
2 475
-
-
Dividends
6 122
14 025
-
-
withholding
918
2 104
-
-
total
918
2 104
-
-
Income
16 500
16 500
16 500
16 500
Total tax
6 065
4 579
7 600
8 311
After tax
10 435
11 921
8 900
8 189
Living cost
5 229
5 229
5 229
5 229
Free-cash
5 206
6 692
3 671
2 960

Estimated living cost  is ₴5229 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1153
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
Zurich , Switzerland
-₴9951
-₴7502
-₴6664
-₴13091
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
-
-
-
16 500
pensions
-
-
-
1 518
city
-
-
-
173
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
330
health
-
-
-
67
regional
-
-
-
387
national
-
-
-
53
total
-
-
-
2 528
Employee
24 149
-
14 768
-
health
55
-
33
-
unemployment
-
-
-
-
city
259
-
158
-
pensions
2 029
-
1 240
-
regional
791
-
324
-
national
114
-
43
-
total
3 248
-
1 798
-
Employer
24 149
-
14 768
-
health
55
-
33
-
pensions
2 029
-
1 240
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

483
-
295
-
total
2 567
-
1 568
-
Corporate
-
16 500
-
-
regional
-
3 490
-
-
national
-
1 402
-
-
total
-
4 892
-
-
Dividends
-
11 608
-
-
withholding
-
4 063
-
-
total
-
4 063
-
-
Income
16 500
16 500
16 500
16 500
Total tax
5 815
8 955
3 366
2 528
After tax
10 685
7 545
13 134
13 972
Living cost
20 636
20 636
20 636
20 636
Free-cash
-9 951
-13 091
-7 502
-6 664

Estimated living cost  is ₴20636 per week

₴13419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴5111
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

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
-₴2479
-₴1429
₴1269
-₴233
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

-
-
-
16 500
municipal
-
-
-
2 947
health
-
-
-
127
national
-
-
-
506
total
-
-
-
3 580
Employee
15 966
-
13 880
-
health
119
-
87
-
unemployment
240
-
208
-
pensions
1 077
-
937
-
national
264
-
151
-
municipal
2 615
-
2 276
-
total
4 315
-
3 659
-
Employer
15 966
-
13 880
-
health
123
-
107
-
pensions
2 770
-
2 408
-
accident
16
-
14
-
unemployment
104
-
90
-
total
3 013
-
2 619
-
Corporate
-
16 500
-
-
income
-
3 300
-
-
total
-
3 300
-
-
Dividends

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

-
9 900
-
-
municipal
-
1 782
-
-
national
-
-
-
-
total
-
1 782
-
-
Income
16 500
16 500
16 500
16 500
Total tax
7 328
5 082
6 278
3 580
After tax
9 172
11 418
10 222
12 920
Living cost
11 651
11 651
11 651
11 651
Free-cash
-2 479
-233
-1 429
1 269

Estimated living cost  is ₴11651 per week

₴7610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
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.
₴2735
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.

Brussels , Belgium
-₴11526
-₴3921
-₴2057
-₴1761
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
-
-
-
16 500
communal

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

-
-
-
881
social contributions
-
-
-
1 826
national
-
-
-
4 785
total
-
-
-
7 492
Employee

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

21 707
-
12 780
-
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.

1 020
-
601
-
communal

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

1 132
-
667
-
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.

189
-
111
-
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.

1 628
-
958
-
national
6 674
-
3 299
-
total
10 643
-
5 636
-
Employer

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

21 707
-
12 780
-
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.

1 335
-
786
-
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.

1 923
-
1 132
-
surtax
2 461
-
1 449
-
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.

282
-
166
-
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.

317
-
187
-
total
6 318
-
3 720
-
Corporate
-
16 500
-
-
income
-
3 300
-
-
surtax
-
66
-
-
total
-
3 366
-
-
Dividends
-
13 134
-
-
withholding

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

-
3 830
-
-
total
-
3 830
-
-
Income
16 500
16 500
16 500
16 500
Total tax
16 961
7 196
9 356
7 492
After tax
-461
9 304
7 144
9 008
Living cost
11 065
11 065
11 065
11 065
Free-cash
-11 526
-1 761
-3 921
-2 057

Estimated living cost  is ₴11065 per week

₴7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴2797
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
Stockholm , Sweden
-₴8100
-₴4325
-₴4913
-₴4128
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
-
-
-
16 500
unemployment
-
-
-
17
municipal
-
-
-
3 495
other
-
-
-
1 917
health
-
-
-
1 030
national
-
-
-
-
accident
-
-
-
33
pensions
-
-
-
1 784
total
-
-
-
8 276
Employee
18 719
-
12 555
-
national
-
-
-
-
municipal
5 582
-
3 744
-
total
5 582
-
3 744
-
Employer
18 719
-
12 555
-
health
1 151
-
772
-
pensions
2 024
-
1 357
-
accident
37
-
25
-
unemployment
494
-
331
-
other
2 175
-
1 459
-
total
5 881
-
3 944
-
Corporate
-
16 500
-
-
income
-
3 630
-
-
total
-
3 630
-
-
Dividends
-
12 870
-
-
withholding
-
3 861
-
-
total
-
3 861
-
-
Income
16 500
16 500
16 500
16 500
Total tax
11 463
7 491
7 688
8 276
After tax
5 037
9 009
8 812
8 224
Living cost
13 137
13 137
13 137
13 137
Free-cash
-8 100
-4 128
-4 325
-4 913

Estimated living cost  is ₴13137 per week

₴8707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴2942
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
Oslo , Norway
-₴33965
-₴2557
-₴3201
-₴4565
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
-
-
-
16 500
income
-
-
-
3 216
social contributions
-
-
-
1 881
total
-
-
-
5 097
Employee
20 940
-
-
-
income
4 619
-
-
-
social contributions
1 717
-
245
-
total
6 336
-
245
-
Employer
20 940
-
-
-
social contributions
29 525
-
4 208
-
total
29 525
-
4 208
-
Corporate
-
16 500
-
-
income
-
3 630
-
-
total
-
3 630
-
-
Dividends
-
12 870
-
-
income
-
2 831
-
-
total
-
2 831
-
-
Income
16 500
16 500
16 500
16 500
Total tax
35 861
6 461
4 453
5 097
After tax
-19 361
10 039
12 047
11 403
Living cost
14 604
14 604
14 604
14 604
Free-cash
-33 965
-4 565
-2 557
-3 201

Estimated living cost  is ₴14604 per week

₴9475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
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.
₴3569
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
₴1055
₴1228
₴3207
-₴206
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
-
-
-
16 500
income
-
-
-
455
health
-
-
-
421
social contributions
-
-
-
2 574
total
-
-
-
3 450
Employee
23 335
23 335
23 335
-
health
232
397
255
-
income
2 450
2 160
2 411
-
social contributions
1 134
1 937
1 243
-
total
3 816
4 494
3 909
-
Employer
23 335
23 335
23 335
-
health
253
432
277
-
social contributions
1 134
1 937
1 243
-
total
1 387
2 369
1 520
-
Corporate
1 454
-
-
-
income
182
-
-
-
total
182
-
-
-
Dividends
1 272
-
-
-
withholding
217
-
-
-
total
217
-
-
-
Income
16 500
16 500
16 500
16 500
Total tax
5 602
6 863
5 429
3 450
After tax
10 898
9 637
11 071
13 050
Living cost
9 843
9 843
9 843
9 843
Free-cash
1 055
-206
1 228
3 207

Estimated living cost  is ₴9843 per week

₴6729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
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.
₴2180
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
Edinburgh , United Kingdom
-₴166
-₴97
₴1561
₴1522
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
-
-
-
16 500
income
-
-
-
3 101
pensions
-
-
-
998
total
-
-
-
4 099
Employee
14 880
-
14 736
-
health
194
-
191
-
pensions
1 136
-
1 118
-
income
2 710
-
2 685
-
total
4 040
-
3 994
-
Employer
14 880
-
14 736
-
health
283
-
280
-
pensions
1 503
-
1 483
-
total
1 786
-
1 763
-
Corporate
-
16 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
3 135
-
-
total
-
3 135
-
-
Dividends
-
13 365
-
-
withholding
-
1 003
-
-
total
-
1 003
-
-
Income
16 500
16 500
16 500
16 500
Total tax
5 826
4 138
5 757
4 099
After tax
10 674
12 362
10 743
12 401
Living cost
10 840
10 840
10 840
10 840
Free-cash
-166
1 522
-97
1 561

Estimated living cost  is ₴10840 per week

₴7436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
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.
₴2271
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
-₴9072
-₴4071
-₴3155
-₴3398
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
-
-
-
16 500
municipal
-
-
-
111
regional
-
-
-
248
social contributions
-
-
-
4 244
national
-
-
-
2 963
total
-
-
-
7 566
Employee
25 572
-
16 500
-
social contributions
8 623
-
5 564
-
regional
386
-
212
-
national
4 321
-
2 608
-
municipal
153
-
98
-
total
13 483
-
8 482
-
Employer
25 572
-
16 500
-
total
-
-
-
-
Corporate
-
16 500
-
-
nationa
-
3 960
-
-
municipal
-
795
-
-
total
-
4 755
-
-
Dividends
-
11 745
-
-
withholding
-
3 054
-
-
total
-
3 054
-
-
Income
16 500
16 500
16 500
16 500
Total tax
13 483
7 809
8 482
7 566
After tax
3 017
8 691
8 018
8 934
Living cost
12 089
12 089
12 089
12 089
Free-cash
-9 072
-3 398
-4 071
-3 155

Estimated living cost  is ₴12089 per week

₴8492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴2583
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
Gdansk , Poland
₴341
₴2225
₴4919
-₴5152
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
-
-
-
16 500
pensions
-
-
-
1 227
income
-
-
-
3 039
other
-
-
-
109
health
-
-
-
643
accident
-
-
-
74
total
-
-
-
5 092
Employee
10 207
-
13 707
-
health
1 169
-
1 569
-
pensions
1 149
-
1 543
-
income
1 400
-
1 880
-
total
3 718
-
4 992
-
Employer
10 207
-
13 707
-
pensions
1 660
-
2 229
-
accident
170
-
229
-
unemployment
250
-
336
-
total
2 080
-
2 794
-
Corporate
4 213
16 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

3 792
14 850
-
-
total
3 792
14 850
-
-
Dividends
421
1 650
-
-
withholding
80
313
-
-
total
80
313
-
-
Income
16 500
16 500
16 500
16 500
Total tax
9 670
15 163
7 786
5 092
After tax
6 830
1 337
8 714
11 408
Living cost
6 489
6 489
6 489
6 489
Free-cash
341
-5 152
2 225
4 919

Estimated living cost  is ₴6489 per week

₴4756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴1238
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

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

Berlin , Germany
₴806
₴986
₴643
-₴3163
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.

-
-
-
16 500
trade
-
-
-
343
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.

-
-
-
1 635
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.

-
-
-
2 073
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.

-
-
-
90
total
-
-
-
4 141
Employee

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

15 099
-
16 500
-
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.

2 073
-
2 073
-
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.

1 242
-
1 635
-
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.

69
-
90
-
total
3 384
-
3 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 401
16 500
-
-
income
210
2 475
-
-
trade
201
2 368
-
-
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.

12
136
-
-
chamber of commerce
48
70
-
-
total
471
5 049
-
-
Dividends
930
11 451
-
-
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.

6
151
-
-
withholding
117
2 747
-
-
total
123
2 898
-
-
Income
16 500
16 500
16 500
16 500
Total tax
3 978
7 947
3 798
4 141
After tax
12 522
8 553
12 702
12 359
Living cost
11 716
11 716
11 716
11 716
Free-cash
806
-3 163
986
643

Estimated living cost  is ₴11716 per week

₴8082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
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.
₴2203
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.

Riga , Latvia
₴4398
₴3144
₴6757
₴6887
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

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
16 500
income
-
-
-
-
microenterprise
-
-
-
2 475
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
955
surtax
-
-
-
-
total
-
-
-
3 430
Employee
8 867
-
13 297
-
income
1 578
-
2 377
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

976
-
1 463
-
surtax
-
-
-
-
total
2 554
-
3 840
-
Employer
8 867
-
13 297
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

2 136
-
3 203
-
surtax
-
-
-
-
total
2 136
-
3 203
-
Corporate
5 497
16 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

1 099
3 300
-
-
total
1 099
3 300
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

4 397
13 200
-
-
total
-
-
-
-
Income
16 500
16 500
16 500
16 500
Total tax
5 789
3 300
7 043
3 430
After tax
10 711
13 200
9 457
13 070
Living cost
6 313
6 313
6 313
6 313
Free-cash
4 398
6 887
3 144
6 757

Estimated living cost  is ₴6313 per week

₴4028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴601
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.
₴1541
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
Istanbul , Turkey
₴5925
₴4553
₴4765
₴6541
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
-
-
-
16 500
income
-
-
-
3 255
health
-
-
-
1 986
pensions
-
-
-
2 739
total
-
-
-
7 980
Employee
5 720
-
13 469
-
health
286
-
673
-
unemployment
57
-
135
-
pensions
515
-
1 212
-
income
1 106
-
3 141
-
total
1 964
-
5 161
-
Employer
5 720
-
13 469
-
health
543
-
1 280
-
pensions
629
-
1 482
-
unemployment
114
-
269
-
total
1 286
-
3 031
-
Corporate
9 494
16 500
-
-
income
2 089
3 630
-
-
total
2 089
3 630
-
-
Dividends
7 405
12 870
-
-
withholding
1 481
2 574
-
-
total
1 481
2 574
-
-
Income
16 500
16 500
16 500
16 500
Total tax
6 820
6 204
8 192
7 980
After tax
9 680
10 296
8 308
8 520
Living cost
3 755
3 755
3 755
3 755
Free-cash
5 925
6 541
4 553
4 765

Estimated living cost  is ₴3755 per week

₴2232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1133
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
Athens , Greece
₴2598
₴2226
₴2589
₴3563
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
-
-
-
16 500
pensions
-
-
-
3 300
unemployment
-
-
-
69
income
-
-
-
2 432
other
-
-
-
-
health
-
-
-
1 171
surtax
-
-
-
123
total
-
-
-
7 095
Employee
10 219
-
13 631
-
health
261
-
348
-
unemployment
711
-
948
-
pensions
682
-
909
-
income
1 713
-
2 285
-
other
-
-
-
-
surtax
36
-
99
-
total
3 403
-
4 589
-
Employer
10 219
-
13 631
-
health
465
-
620
-
pensions
1 363
-
1 817
-
unemployment
324
-
432
-
other
-
-
-
-
total
2 152
-
2 869
-
Corporate
4 129
16 500
-
-
income
1 073
4 290
-
-
total
1 073
4 290
-
-
Dividends
3 056
12 210
-
-
withholding
458
1 831
-
-
total
458
1 831
-
-
Income
16 500
16 500
16 500
16 500
Total tax
7 086
6 121
7 458
7 095
After tax
9 414
10 379
9 042
9 405
Living cost
6 816
6 816
6 816
6 816
Free-cash
2 598
3 563
2 226
2 589

Estimated living cost  is ₴6816 per week

₴4115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
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.
₴1950
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
Graz , Austria
-₴870
-₴3156
-₴421
-₴208
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
-
-
-
16 500
pensions
-
-
-
3 053
chamber of commerce
-
-
-
66
unemployment
-
-
-
1 861
income
-
-
-
997
health
-
-
-
1 262