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
₴ 18000
per

Your estimated
City
free-cash

Andorra , Andorra
₴6880
₴5230
₴4720
₴5838
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
-
-
-
18 000
social contributions
-
-
-
3 960
income
-
-
-
-
total
-
-
-
3 960
Employee
9 968
-
15 585
-
social contributions
648
-
1 013
-
income
-
-
22
-
total
648
-
1 035
-
Employer
9 968
-
15 585
-
social contributions
1 545
-
2 415
-
total
1 545
-
2 415
-
Corporate
6 487
18 000
-
-
income
649
1 800
-
-
total
649
1 800
-
-
Dividends
5 838
16 200
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
2 842
1 800
3 450
3 960
After tax
15 158
16 200
14 550
14 040
Living cost
9 320
9 320
9 320
9 320
Free-cash
5 838
6 880
5 230
4 720

Estimated living cost  is ₴9320 per week

₴6026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2416
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.

Source of data for Andorra model

Close
Graz , Austria
₴449
-₴2978
₴117
₴183
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
-
-
-
18 000
chamber of commerce
-
-
-
72
unemployment
-
-
-
1 902
health
-
-
-
1 377
pensions
-
-
-
3 330
income
-
-
-
1 310
surtax
-
-
-
-
total
-
-
-
7 991
Employee
13 553
12 356
13 977
-
health
524
478
541
-
pensions
1 388
1 265
1 432
-
other
135
124
140
-
unemployment
407
371
420
-
income
1 207
911
1 329
-
total
3 661
3 149
3 862
-
Employer
13 553
12 356
13 977
-
pensions
1 701
1 551
1 754
-
accident
176
161
182
-
unemployment
407
371
420
-
surtax
-
-
-
-
payroll
407
371
420
-
chamber of commerce
54
49
56
-
health
512
467
528
-
other
644
587
664
-
total
3 901
3 557
4 024
-
Corporate
1 177
2 088
12 800
-
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.

294
522
3 200
-
total
294
522
3 200
-
Dividends
252
1 566
-
-
withholding
69
431
-
-
total
69
431
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 925
7 659
11 086
7 991
After tax
10 075
10 341
6 914
10 009
Living cost
9 892
9 892
9 892
9 892
Free-cash
183
449
-2 978
117

Estimated living cost  is ₴9892 per week

₴5934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1010
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.
₴2771
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.

Source of data for Graz model

Close
Vienna , Austria
-₴617
-₴4021
-₴977
-₴2310
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
-
-
-
18 000
chamber of commerce
-
-
-
72
unemployment
-
-
-
1 902
health
-
-
-
1 377
pensions
-
-
-
3 330
income
-
-
-
1 310
surtax
-
-
-
61
total
-
-
-
8 052
Employee
15 495
12 356
13 930
-
health
600
478
539
-
pensions
1 587
1 265
1 426
-
other
155
124
139
-
unemployment
465
371
418
-
income
1 764
911
1 316
-
total
4 571
3 149
3 838
-
Employer
15 495
12 356
13 930
-
pensions
1 945
1 551
1 748
-
accident
201
161
181
-
unemployment
465
371
418
-
surtax
61
61
61
-
payroll
465
371
418
-
chamber of commerce
62
49
56
-
health
585
467
527
-
other
736
587
661
-
total
4 520
3 618
4 070
-
Corporate
1 177
2 027
12 753
-
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.

294
507
3 188
-
total
294
507
3 188
-
Dividends
-
1 520
-
-
withholding
-
418
-
-
total
-
418
-
-
Income
18 000
18 000
18 000
18 000
Total tax
9 385
7 692
11 096
8 052
After tax
8 615
10 308
6 904
9 948
Living cost
10 925
10 925
10 925
10 925
Free-cash
-2 310
-617
-4 021
-977

Estimated living cost  is ₴10925 per week

₴7287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴2527
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.

Source of data for Vienna model

Close
Brussels , Belgium
-₴1163
-₴3589
-₴1660
-₴10635
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
-
-
-
18 000
social contributions
-
-
-
2 106
communal

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

-
-
-
954
national
-
-
-
5 295
total
-
-
-
8 355
Employee

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

22 178
-
13 941
-
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.

1 042
-
655
-
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.

1 663
-
1 046
-
communal

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

1 157
-
727
-
national
6 819
-
3 678
-
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.

193
-
121
-
total
10 874
-
6 227
-
Employer

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

22 178
-
13 941
-
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.

288
-
181
-
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.

324
-
204
-
surtax
2 515
-
1 580
-
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.

1 364
-
857
-
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.

1 965
-
1 235
-
total
6 456
-
4 057
-
Corporate
-
18 000
-
-
surtax
-
72
-
-
income
-
3 600
-
-
total
-
3 672
-
-
Dividends
-
14 328
-
-
withholding

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

-
4 186
-
-
total
-
4 186
-
-
Income
18 000
18 000
18 000
18 000
Total tax
17 330
7 858
10 284
8 355
After tax
670
10 142
7 716
9 645
Living cost
11 305
11 305
11 305
11 305
Free-cash
-10 635
-1 163
-3 589
-1 660

Estimated living cost  is ₴11305 per week

₴7282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴988
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.
₴2858
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

Source of data for Brussels model

Close
Sofia , Bulgaria
₴10060
₴7391
₴7080
₴8170
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
-
-
-
18 000
unemployment
-
-
-
43
health
-
-
-
1 245
pensions

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

-
-
-
1 602
income
-
-
-
2 700
total
-
-
-
5 590
Employee
7 058
-
15 876
-
accident

We are using the highest rate at 1.1%.

78
-
119
-
health
325
-
498
-
pensions

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

620
-
950
-
income
706
-
1 588
-
total
1 729
-
3 155
-
Employer
7 058
-
15 876
-
accident

We are using the highest rate at 1.1%.

78
-
119
-
unemployment
42
-
65
-
health
487
-
747
-
pensions

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

778
-
1 193
-
total
1 385
-
2 124
-
Corporate
9 557
18 000
-
-
income
956
1 800
-
-
total
956
1 800
-
-
Dividends
8 601
16 200
-
-
withholding
430
810
-
-
total
430
810
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 500
2 610
5 279
5 590
After tax
13 500
15 390
12 721
12 410
Living cost
5 330
5 330
5 330
5 330
Free-cash
8 170
10 060
7 391
7 080

Estimated living cost  is ₴5330 per week

₴3525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴127
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.
₴1373
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

Source of data for Sofia model

Close
Varna , Bulgaria
₴11327
₴8658
₴8347
₴9889
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
-
-
-
18 000
unemployment
-
-
-
43
health
-
-
-
1 245
pensions

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

-
-
-
1 602
income
-
-
-
2 700
total
-
-
-
5 590
Employee
5 380
-
15 876
-
accident

We are using the highest rate at 1.1%.

59
-
119
-
health
247
-
498
-
pensions

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

472
-
950
-
income
538
-
1 588
-
total
1 316
-
3 155
-
Employer
5 380
-
15 876
-
accident

We are using the highest rate at 1.1%.

59
-
119
-
unemployment
32
-
65
-
health
371
-
747
-
pensions

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

593
-
1 193
-
total
1 055
-
2 124
-
Corporate
11 565
18 000
-
-
income
1 157
1 800
-
-
total
1 157
1 800
-
-
Dividends
10 408
16 200
-
-
withholding
520
810
-
-
total
520
810
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 048
2 610
5 279
5 590
After tax
13 952
15 390
12 721
12 410
Living cost
4 063
4 063
4 063
4 063
Free-cash
9 889
11 327
8 658
8 347

Estimated living cost  is ₴4063 per week

₴2372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴108
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.
₴1293
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

Source of data for Varna model

Close
Larnaca , Cyprus
₴3810
₴5097
₴6902
₴4384
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
-
-
-
18 000
social contributions
-
-
-
2 808
health
-
-
-
459
income
-
-
-
652
total
-
-
-
3 919
Employee
23 842
23 842
23 842
-
health
185
405
278
-
social contributions
901
1 979
1 356
-
income
2 596
2 207
2 432
-
total
3 682
4 591
4 066
-
Employer
23 842
23 842
23 842
-
social contributions
901
1 979
1 356
-
health
201
441
302
-
total
1 102
2 420
1 658
-
Corporate
6 037
-
-
-
income
755
-
-
-
total
755
-
-
-
Dividends
5 282
-
-
-
withholding
898
-
-
-
total
898
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
6 437
7 011
5 724
3 919
After tax
11 563
10 989
12 276
14 081
Living cost
7 179
7 179
7 179
7 179
Free-cash
4 384
3 810
5 097
6 902

Estimated living cost  is ₴7179 per week

₴4302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
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.
₴2013
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

Source of data for Larnaca model

Close
Limassol , Cyprus
₴932
₴2219
₴4024
₴1907
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
-
-
-
18 000
social contributions
-
-
-
2 808
health
-
-
-
459
income
-
-
-
652
total
-
-
-
3 919
Employee
23 842
23 842
23 842
-
health
237
405
278
-
social contributions
1 159
1 979
1 356
-
income
2 504
2 207
2 432
-
total
3 900
4 591
4 066
-
Employer
23 842
23 842
23 842
-
social contributions
1 159
1 979
1 356
-
health
258
441
302
-
total
1 417
2 420
1 658
-
Corporate
2 627
-
-
-
income
328
-
-
-
total
328
-
-
-
Dividends
2 299
-
-
-
withholding
391
-
-
-
total
391
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
6 036
7 011
5 724
3 919
After tax
11 964
10 989
12 276
14 081
Living cost
10 057
10 057
10 057
10 057
Free-cash
1 907
932
2 219
4 024

Estimated living cost  is ₴10057 per week

₴6875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
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.
₴2228
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

Source of data for Limassol model

Close
Brno , Czech Republic
₴5097
₴1839
₴1471
₴2495
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
-
-
-
18 000
social contributions
-
-
-
5 256
health
-
-
-
2 430
solidarity contribution
-
-
-
-
income
-
-
-
1 547
total
-
-
-
9 233
Employee
10 729
-
13 433
-
health
1 448
-
1 813
-
social contributions
697
-
873
-
solidarity contribution
-
-
-
-
income
1 288
-
1 612
-
total
3 433
-
4 298
-
Employer
10 729
-
13 433
-
social contributions
2 682
-
3 358
-
health
966
-
1 209
-
total
3 648
-
4 567
-
Corporate
3 623
18 000
-
-
income
688
3 420
-
-
total
688
3 420
-
-
Dividends
2 935
14 580
-
-
withholding
440
2 187
-
-
total
440
2 187
-
-
Income
18 000
18 000
18 000
18 000
Total tax
8 209
5 607
8 865
9 233
After tax
9 791
12 393
9 135
8 767
Living cost
7 296
7 296
7 296
7 296
Free-cash
2 495
5 097
1 839
1 471

Estimated living cost  is ₴7296 per week

₴5068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
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.
₴1566
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

Source of data for Brno model

Close
Prague , Czech Republic
₴3403
₴145
-₴223
₴196
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
-
-
-
18 000
social contributions
-
-
-
5 256
health
-
-
-
2 430
solidarity contribution
-
-
-
-
income
-
-
-
1 547
total
-
-
-
9 233
Employee
13 221
-
13 433
-
health
1 785
-
1 813
-
social contributions
859
-
873
-
solidarity contribution
-
-
-
-
income
1 587
-
1 612
-
total
4 231
-
4 298
-
Employer
13 221
-
13 433
-
social contributions
3 305
-
3 358
-
health
1 190
-
1 209
-
total
4 495
-
4 567
-
Corporate
284
18 000
-
-
income
54
3 420
-
-
total
54
3 420
-
-
Dividends
230
14 580
-
-
withholding
34
2 187
-
-
total
34
2 187
-
-
Income
18 000
18 000
18 000
18 000
Total tax
8 814
5 607
8 865
9 233
After tax
9 186
12 393
9 135
8 767
Living cost
8 990
8 990
8 990
8 990
Free-cash
196
3 403
145
-223

Estimated living cost  is ₴8990 per week

₴6686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
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.
₴1651
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

Source of data for Prague model

Close
Copenhagen , Denmark
-₴49735
-₴49735
-₴3296
-₴49735
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
-
-
-
18 000
labour market
-
-
-
1 418
municipal
-
-
-
2 928
pensions
-
-
-
269
national
-
-
-
1 709
total
-
-
-
6 324
Employee
63 195
63 195
63 195
-
municipal
13 457
13 457
13 457
-
pensions
90
90
90
-
national
7 720
7 720
7 720
-
labour market
5 048
5 048
5 048
-
total
26 315
26 315
26 315
-
Employer
63 195
63 195
63 195
-
labour market
5 056
5 056
5 056
-
national
7 734
7 734
7 734
-
municipal
13 478
13 478
13 478
-
pensions
180
180
180
-
total
26 448
26 448
26 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
52 763
52 763
52 763
6 324
After tax
-34 763
-34 763
-34 763
11 676
Living cost
14 972
14 972
14 972
14 972
Free-cash
-49 735
-49 735
-49 735
-3 296

Estimated living cost  is ₴14972 per week

₴10247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3170
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

Source of data for Copenhagen model

Close
Tallinn , Estonia
₴6911
₴3092
₴2466
₴4985
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
-
-
-
18 000
health
-
-
-
2 340
pensions
-
-
-
3 600
income
-
-
-
2 105
total
-
-
-
8 045
Employee
8 796
-
13 453
-
pensions
176
-
269
-
unemployment
141
-
215
-
income
990
-
2 387
-
total
1 307
-
2 871
-
Employer
8 796
-
13 453
-
pensions
1 759
-
2 691
-
unemployment
71
-
108
-
health
1 143
-
1 749
-
total
2 973
-
4 548
-
Corporate
6 231
18 000
-
-
income
1 246
3 600
-
-
total
1 246
3 600
-
-
Dividends
4 985
14 400
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
5 526
3 600
7 419
8 045
After tax
12 474
14 400
10 581
9 955
Living cost
7 489
7 489
7 489
7 489
Free-cash
4 985
6 911
3 092
2 466

Estimated living cost  is ₴7489 per week

₴5137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴446
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.
₴1756
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

Source of data for Tallinn model

Close
Helsinki , Finland
₴526
-₴802
₴2024
-₴1390
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

-
-
-
18 000
health
-
-
-
148
municipal
-
-
-
3 213
national
-
-
-
711
total
-
-
-
4 072
Employee
16 313
-
15 143
-
health
122
-
104
-
municipal
2 672
-
2 482
-
pensions
1 101
-
1 022
-
national
269
-
206
-
unemployment
245
-
227
-
total
4 409
-
4 041
-
Employer
16 313
-
15 143
-
accident
16
-
15
-
unemployment
106
-
98
-
health
125
-
117
-
pensions
2 830
-
2 627
-
total
3 077
-
2 857
-
Corporate
-
18 000
-
-
income
-
3 600
-
-
total
-
3 600
-
-
Dividends

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

-
10 800
-
-
municipal
-
1 944
-
-
national
-
26
-
-
total
-
1 970
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 486
5 570
6 898
4 072
After tax
10 514
12 430
11 102
13 928
Living cost
11 904
11 904
11 904
11 904
Free-cash
-1 390
526
-802
2 024

Estimated living cost  is ₴11904 per week

₴7776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2794
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.

Source of data for Helsinki model

Close
Marseille , France
-₴485
₴1381
₴1226
₴1236
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
-
-
-
18 000
social contributions
-
-
-
512
health
-
-
-
156
pensions
-
-
-
5 175
other
-
-
-
558
income
-
-
-
816
surtax
-
-
-
-
total
-
-
-
7 217
Employee
11 845
-
13 717
-
income
611
-
837
-
social contributions
338
-
391
-
pensions
1 340
-
1 551
-
surtax
-
-
-
-
total
2 289
-
2 779
-
Employer
11 845
-
13 717
-
pensions
1 946
-
2 254
-
social contributions
35
-
41
-
unemployment
480
-
555
-
health
829
-
960
-
other
409
-
473
-
total
3 699
-
4 283
-
Corporate
2 456
18 000
-
-
surtax
-
-
-
-
income
688
5 040
-
-
total
688
5 040
-
-
Dividends
1 768
12 960
-
-
surtax
-
-
-
-
withholding
227
1 659
-
-
social contributions
304
2 229
-
-
total
531
3 888
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 207
8 928
7 062
7 217
After tax
10 793
9 072
10 938
10 783
Living cost
9 557
9 557
9 557
9 557
Free-cash
1 236
-485
1 381
1 226

Estimated living cost  is ₴9557 per week

₴5543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴2862
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

Source of data for Marseille model

Close
Nice , France
-₴1536
₴330
₴175
₴296
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
-
-
-
18 000
social contributions
-
-
-
512
health
-
-
-
156
pensions
-
-
-
5 175
other
-
-
-
558
income
-
-
-
816
surtax
-
-
-
-
total
-
-
-
7 217
Employee
13 270
-
13 717
-
income
783
-
837
-
social contributions
378
-
391
-
pensions
1 500
-
1 551
-
surtax
-
-
-
-
total
2 661
-
2 779
-
Employer
13 270
-
13 717
-
pensions
2 180
-
2 254
-
social contributions
40
-
41
-
unemployment
537
-
555
-
health
929
-
960
-
other
458
-
473
-
total
4 144
-
4 283
-
Corporate
586
18 000
-
-
surtax
-
-
-
-
income
164
5 040
-
-
total
164
5 040
-
-
Dividends
422
12 960
-
-
surtax
-
-
-
-
withholding
54
1 659
-
-
social contributions
73
2 229
-
-
total
127
3 888
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 096
8 928
7 062
7 217
After tax
10 904
9 072
10 938
10 783
Living cost
10 608
10 608
10 608
10 608
Free-cash
296
-1 536
330
175

Estimated living cost  is ₴10608 per week

₴6689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴2877
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

Source of data for Nice model

Close
Paris , France
-₴5903
-₴4037
-₴4192
-₴7483
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
-
-
-
18 000
social contributions
-
-
-
512
health
-
-
-
156
pensions
-
-
-
5 175
other
-
-
-
558
income
-
-
-
816
surtax
-
-
-
-
total
-
-
-
7 217
Employee
19 419
-
13 717
-
income
1 694
-
837
-
social contributions
553
-
391
-
pensions
2 196
-
1 551
-
surtax
-
-
-
-
total
4 443
-
2 779
-
Employer
19 419
-
13 717
-
pensions
3 191
-
2 254
-
social contributions
58
-
41
-
unemployment
787
-
555
-
health
1 359
-
960
-
other
670
-
473
-
total
6 065
-
4 283
-
Corporate
-
18 000
-
-
surtax
-
-
-
-
income
-
5 040
-
-
total
-
5 040
-
-
Dividends
-
12 960
-
-
surtax
-
-
-
-
withholding
-
1 659
-
-
social contributions
-
2 229
-
-
total
-
3 888
-
-
Income
18 000
18 000
18 000
18 000
Total tax
10 508
8 928
7 062
7 217
After tax
7 492
9 072
10 938
10 783
Living cost
14 975
14 975
14 975
14 975
Free-cash
-7 483
-5 903
-4 037
-4 192

Estimated living cost  is ₴14975 per week

₴10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴3410
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

Source of data for Paris model

Close
Batumi , Georgia
₴14911
₴12211
₴15631
₴14501
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%.

-
-
-
18 000
microenterprise

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

-
-
-
180
total
-
-
-
180
Employee
2 736
-
18 000
-
income
547
-
3 600
-
total
547
-
3 600
-
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%.

15 264
18 000
-
-
total
-
-
-
-
Dividends
15 264
18 000
-
-
withholding
763
900
-
-
total
763
900
-
-
Income
18 000
18 000
18 000
18 000
Total tax
1 310
900
3 600
180
After tax
16 690
17 100
14 400
17 820
Living cost
2 189
2 189
2 189
2 189
Free-cash
14 501
14 911
12 211
15 631

Estimated living cost  is ₴2189 per week

₴1356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴60
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.
₴590
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.

Source of data for Batumi model

Close
Tbilisi , Georgia
₴13689
₴10989
₴14409
₴13049
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%.

-
-
-
18 000
microenterprise

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

-
-
-
180
total
-
-
-
180
Employee
4 264
-
18 000
-
income
853
-
3 600
-
total
853
-
3 600
-
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%.

13 736
18 000
-
-
total
-
-
-
-
Dividends
13 736
18 000
-
-
withholding
687
900
-
-
total
687
900
-
-
Income
18 000
18 000
18 000
18 000
Total tax
1 540
900
3 600
180
After tax
16 460
17 100
14 400
17 820
Living cost
3 411
3 411
3 411
3 411
Free-cash
13 049
13 689
10 989
14 409

Estimated living cost  is ₴3411 per week

₴2308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴114
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.
₴845
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.

Source of data for Tbilisi model

Close
Berlin , Germany
-₴2646
₴1799
₴1285
₴1409
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.

-
-
-
18 000
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.

-
-
-
2 118
trade
-
-
-
514
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.

-
-
-
2 003
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.

-
-
-
110
total
-
-
-
4 745
Employee

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

15 427
-
18 000
-
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.

2 118
-
2 118
-
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.

70
-
110
-
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.

1 269
-
2 003
-
total
3 457
-
4 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 573
18 000
-
-
trade
369
2 583
-
-
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.

21
148
-
-
chamber of commerce
51
74
-
-
income
386
2 700
-
-
total
827
5 505
-
-
Dividends
1 746
12 495
-
-
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
165
-
-
withholding
319
3 006
-
-
total
337
3 171
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 621
8 676
4 231
4 745
After tax
13 379
9 324
13 769
13 255
Living cost
11 970
11 970
11 970
11 970
Free-cash
1 409
-2 646
1 799
1 285

Estimated living cost  is ₴11970 per week

₴8257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
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.
₴2251
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.

Source of data for Berlin model

Close
Dresden , Germany
-₴252
₴4378
₴3813
₴3178
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.

-
-
-
18 000
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.

-
-
-
2 118
trade
-
-
-
565
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.

-
-
-
2 003
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.

-
-
-
110
total
-
-
-
4 796
Employee

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

11 859
-
18 000
-
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.

2 118
-
2 118
-
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
-
110
-
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.

331
-
2 003
-
total
2 467
-
4 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 141
18 000
-
-
trade
967
2 835
-
-
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.

51
148
-
-
chamber of commerce
56
73
-
-
income
921
2 700
-
-
total
1 995
5 756
-
-
Dividends
4 146
12 244
-
-
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.

51
162
-
-
withholding
918
2 943
-
-
total
969
3 105
-
-
Income
18 000
18 000
18 000
18 000
Total tax
5 431
8 861
4 231
4 796
After tax
12 569
9 139
13 769
13 204
Living cost
9 391
9 391
9 391
9 391
Free-cash
3 178
-252
4 378
3 813

Estimated living cost  is ₴9391 per week

₴5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2214
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.

Source of data for Dresden model

Close
Hamburg , Germany
-₴3134
₴1589
₴999
₴1223
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.

-
-
-
18 000
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.

-
-
-
2 118
trade
-
-
-
590
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.

-
-
-
2 003
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.

-
-
-
110
total
-
-
-
4 821
Employee

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

15 723
-
18 000
-
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.

2 118
-
2 118
-
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.

74
-
110
-
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.

1 351
-
2 003
-
total
3 543
-
4 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 277
18 000
-
-
trade
374
2 961
-
-
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.

19
148
-
-
chamber of commerce
51
73
-
-
income
341
2 700
-
-
total
785
5 882
-
-
Dividends
1 492
12 118
-
-
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.

14
160
-
-
withholding
255
2 912
-
-
total
269
3 072
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 597
8 954
4 231
4 821
After tax
13 403
9 046
13 769
13 179
Living cost
12 180
12 180
12 180
12 180
Free-cash
1 223
-3 134
1 589
999

Estimated living cost  is ₴12180 per week

₴8146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
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.
₴2568
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.

Source of data for Hamburg model

Close
Munich , Germany
-₴5249
-₴435
-₴1050
-₴634
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.

-
-
-
18 000
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.

-
-
-
2 118
trade
-
-
-
615
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.

-
-
-
2 003
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.

-
-
-
110
total
-
-
-
4 846
Employee

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

18 634
-
18 000
-
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.

2 118
-
2 118
-
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.

121
-
110
-
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.

2 191
-
2 003
-
total
4 430
-
4 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
18 000
-
-
trade
-
3 087
-
-
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.

-
148
-
-
chamber of commerce
-
72
-
-
income
-
2 700
-
-
total
-
6 007
-
-
Dividends
-
11 992
-
-
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.

-
158
-
-
withholding
-
2 880
-
-
total
-
3 038
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 430
9 045
4 231
4 846
After tax
13 570
8 955
13 769
13 154
Living cost
14 204
14 204
14 204
14 204
Free-cash
-634
-5 249
-435
-1 050

Estimated living cost  is ₴14204 per week

₴10374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
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.
₴2509
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.

Source of data for Munich model

Close
Athens , Greece
₴4358
₴2807
₴3193
₴3371
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
-
-
-
18 000
unemployment
-
-
-
71
health
-
-
-
1 278
pensions
-
-
-
3 600
other
-
-
-
-
income
-
-
-
2 726
surtax
-
-
-
168
total
-
-
-
7 843
Employee
10 442
-
14 870
-
health
267
-
379
-
pensions
697
-
992
-
surtax
37
-
138
-
other
-
-
-
-
unemployment
727
-
1 035
-
income
1 750
-
2 555
-
total
3 478
-
5 099
-
Employer
10 442
-
14 870
-
pensions
1 392
-
1 982
-
unemployment
331
-
471
-
health
475
-
677
-
other
-
-
-
-
total
2 198
-
3 130
-
Corporate
5 360
18 000
-
-
income
1 394
4 680
-
-
total
1 394
4 680
-
-
Dividends
3 966
13 320
-
-
withholding
595
1 998
-
-
total
595
1 998
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 665
6 678
8 229
7 843
After tax
10 335
11 322
9 771
10 157
Living cost
6 964
6 964
6 964
6 964
Free-cash
3 371
4 358
2 807
3 193

Estimated living cost  is ₴6964 per week

₴4205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴162
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.
₴1993
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 of data for Athens model

Close
Thessaloniki , Greece
₴4480
₴2929
₴3315
₴3513
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
-
-
-
18 000
unemployment
-
-
-
71
health
-
-
-
1 278
pensions
-
-
-
3 600
other
-
-
-
-
income
-
-
-
2 726
surtax
-
-
-
168
total
-
-
-
7 843
Employee
10 253
-
14 870
-
health
262
-
379
-
pensions
684
-
992
-
surtax
34
-
138
-
other
-
-
-
-
unemployment
714
-
1 035
-
income
1 719
-
2 555
-
total
3 413
-
5 099
-
Employer
10 253
-
14 870
-
pensions
1 367
-
1 982
-
unemployment
325
-
471
-
health
467
-
677
-
other
-
-
-
-
total
2 159
-
3 130
-
Corporate
5 588
18 000
-
-
income
1 453
4 680
-
-
total
1 453
4 680
-
-
Dividends
4 136
13 320
-
-
withholding
620
1 998
-
-
total
620
1 998
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 645
6 678
8 229
7 843
After tax
10 355
11 322
9 771
10 157
Living cost
6 842
6 842
6 842
6 842
Free-cash
3 513
4 480
2 929
3 315

Estimated living cost  is ₴6842 per week

₴4183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴631
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.
₴1869
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 of data for Thessaloniki model

Close
Budapest , Hungary
₴4118
₴4355
₴6389
₴4242
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
-
-
-
18 000
unemployment
-
-
-
270
health
-
-
-
1 260
pensions
-
-
-
1 800
income
-
-
-
2 200
total
-
-
-
5 530
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.

8 779
3 494
15 063
-
health
615
245
1 054
-
pensions
878
349
1 506
-
unemployment
132
52
226
-
income
1 073
427
1 841
-
total
2 698
1 073
4 627
-
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.

8 779
3 494
15 063
-
pensions
1 712
681
2 937
-
total
1 712
681
2 937
-
Corporate
7 509
13 825
-
-
income
676
1 244
-
-
total
676
1 244
-
-
Dividends
6 834
12 581
-
-
withholding
1 298
2 390
-
-
social contributions
1 293
2 413
-
-
total
2 591
4 803
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 677
7 801
7 564
5 530
After tax
10 323
10 199
10 436
12 470
Living cost
6 081
6 081
6 081
6 081
Free-cash
4 242
4 118
4 355
6 389

Estimated living cost  is ₴6081 per week

₴4150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴122
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.
₴1312
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

Source of data for Budapest model

Close
Reykjavik , Iceland
-₴4420
-₴4234
-₴4376
-₴8466
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
-
-
-
18 000
social contributions
-
-
-
194
municipal
-
-
-
1 714
pensions
-
-
-
2 160
national
-
-
-
2 656
total
-
-
-
6 724
Employee
24 264
-
15 561
-
municipal
2 997
-
1 784
-
pensions
971
-
622
-
national
4 644
-
2 764
-
total
8 612
-
5 170
-
Employer
24 264
-
15 561
-
social contributions
261
-
167
-
pensions
1 941
-
1 245
-
total
2 202
-
1 412
-
Corporate
-
18 000
-
-
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%.

-
3 600
-
-
total
-
3 600
-
-
Dividends
-
14 400
-
-
withholding
-
3 168
-
-
total
-
3 168
-
-
Income
18 000
18 000
18 000
18 000
Total tax
10 814
6 768
6 582
6 724
After tax
7 186
11 232
11 418
11 276
Living cost
15 652
15 652
15 652
15 652
Free-cash
-8 466
-4 420
-4 234
-4 376

Estimated living cost  is ₴15652 per week

₴10639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3324
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.

Source of data for Reykjavik model

Close
Dublin , Ireland
-₴5062
-₴3618
-₴3618
-₴6253
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
-
-
-
18 000
social contributions
-
-
-
1 327
income
-
-
-
2 629
total
-
-
-
3 956
Employee
24 253
-
18 000
-
social contributions
2 015
-
1 327
-
income
4 576
-
2 629
-
total
6 591
-
3 956
-
Employer
24 253
-
18 000
-
total
-
-
-
-
Corporate
-
18 000
-
-
income
-
2 250
-
-
total
-
2 250
-
-
Dividends
-
15 750
-
-
withholding
-
3 150
-
-
total
-
3 150
-
-
Income
18 000
18 000
18 000
18 000
Total tax
6 591
5 400
3 956
3 956
After tax
11 409
12 600
14 044
14 044
Living cost
17 662
17 662
17 662
17 662
Free-cash
-6 253
-5 062
-3 618
-3 618

Estimated living cost  is ₴17662 per week

₴13437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1439
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.
₴2617
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.

Source of data for Dublin model

Close
Milan , Italy
-₴3479
-₴4273
-₴3256
-₴9556
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
-
-
-
18 000
regional
-
-
-
180
social contributions
-
-
-
4 629
municipal
-
-
-
107
national
-
-
-
3 257
total
-
-
-
8 173
Employee
27 556
-
18 000
-
regional
260
-
157
-
municipal
146
-
95
-
social contributions
9 292
-
6 070
-
national
4 775
-
2 868
-
total
14 473
-
9 190
-
Employer
27 556
-
18 000
-
total
-
-
-
-
Corporate
-
18 000
-
-
nationa
-
4 320
-
-
municipal
-
702
-
-
total
-
5 022
-
-
Dividends
-
12 978
-
-
withholding
-
3 374
-
-
total
-
3 374
-
-
Income
18 000
18 000
18 000
18 000
Total tax
14 473
8 396
9 190
8 173
After tax
3 527
9 604
8 810
9 827
Living cost
13 083
13 083
13 083
13 083
Free-cash
-9 556
-3 479
-4 273
-3 256

Estimated living cost  is ₴13083 per week

₴9120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴858
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.
₴2904
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

Source of data for Milan model

Close
Naples , Italy
₴1110
₴373
₴1383
₴420
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
-
-
-
18 000
regional
-
-
-
272
social contributions
-
-
-
4 629
municipal
-
-
-
107
national
-
-
-
3 257
total
-
-
-
8 265
Employee
17 199
-
18 000
-
regional
232
-
242
-
municipal
91
-
95
-
social contributions
5 800
-
6 070
-
national
2 725
-
2 868
-
total
8 848
-
9 275
-
Employer
17 199
-
18 000
-
total
-
-
-
-
Corporate
801
18 000
-
-
nationa
192
4 320
-
-
municipal
40
894
-
-
total
232
5 214
-
-
Dividends
568
12 786
-
-
withholding
148