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
₴3650
₴4649
₴4182
₴5810
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
11 112
-
15 584
-
social contributions
722
-
1 013
-
income
-
-
-
-
total
722
-
1 013
-
Employer
11 112
-
15 584
-
social contributions
1 723
-
2 415
-
total
1 723
-
2 415
-
Corporate
5 165
18 000
-
-
income
516
1 800
-
-
total
516
1 800
-
-
Dividends
4 649
16 200
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
2 961
1 800
3 428
3 960
After tax
15 039
16 200
14 572
14 040
Living cost
10 390
10 390
10 390
10 390
Free-cash
4 649
5 810
4 182
3 650

Estimated living cost  is ₴10390 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2693
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
-₴916
-₴1784
-₴3806
-₴830
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
surtax
-
-
-
-
unemployment
-
-
-
2 120
health
-
-
-
1 377
chamber of commerce
-
-
-
72
pensions
-
-
-
3 330
income
-
-
-
989
total
-
-
-
7 888
Employee
15 110
13 775
13 978
-
unemployment
453
413
419
-
other
151
138
140
-
income
1 346
1 016
1 058
-
pensions
1 547
1 410
1 431
-
health
584
533
541
-
total
4 081
3 510
3 589
-
Employer
15 110
13 775
13 978
-
pensions
1 896
1 729
1 754
-
surtax
-
-
-
-
payroll
453
413
419
-
other
718
654
664
-
health
571
521
528
-
accident
196
179
182
-
unemployment
453
413
419
-
chamber of commerce
60
55
56
-
total
4 347
3 964
4 022
-
Corporate
1 312
1 312
12 666
-
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.

328
328
3 167
-
total
328
328
3 167
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
8 756
7 802
10 778
7 888
After tax
9 244
10 198
7 222
10 112
Living cost
11 028
11 028
11 028
11 028
Free-cash
-1 784
-830
-3 806
-916

Estimated living cost  is ₴11028 per week

₴6615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3090
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
-₴2136
-₴4642
-₴4977
-₴2050
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
surtax
-
-
-
68
unemployment
-
-
-
2 120
health
-
-
-
1 377
chamber of commerce
-
-
-
72
pensions
-
-
-
3 330
income
-
-
-
989
total
-
-
-
7 956
Employee
17 274
13 775
13 925
-
unemployment
518
413
418
-
other
173
138
139
-
income
1 967
1 016
1 047
-
pensions
1 769
1 410
1 426
-
health
668
533
539
-
total
5 095
3 510
3 569
-
Employer
17 274
13 775
13 925
-
pensions
2 168
1 729
1 747
-
surtax
68
68
68
-
payroll
518
413
418
-
other
821
654
661
-
health
653
521
526
-
accident
224
179
181
-
unemployment
518
413
418
-
chamber of commerce
69
55
56
-
total
5 039
4 032
4 075
-
Corporate
1 312
1 312
12 613
-
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.

328
328
3 153
-
total
328
328
3 153
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
10 462
7 870
10 797
7 956
After tax
7 538
10 130
7 203
10 044
Living cost
12 180
12 180
12 180
12 180
Free-cash
-4 642
-2 050
-4 977
-2 136

Estimated living cost  is ₴12180 per week

₴8123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1039
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.
₴2817
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
-₴2649
-₴13922
-₴4754
-₴2447
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
national
-
-
-
5 168
communal

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

-
-
-
965
social contributions
-
-
-
1 913
total
-
-
-
8 046
Employee

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

24 725
-
13 942
-
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.

215
-
121
-
national
7 601
-
3 544
-
communal

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

1 290
-
727
-
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.

1 854
-
1 046
-
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.

1 162
-
655
-
total
12 122
-
6 093
-
Employer

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

24 725
-
13 942
-
surtax
2 804
-
1 581
-
pensions

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

2 191
-
1 235
-
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.

1 520
-
857
-
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.

321
-
182
-
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.

361
-
203
-
total
7 197
-
4 058
-
Corporate
-
18 000
-
-
income
-
3 600
-
-
surtax
-
72
-
-
total
-
3 672
-
-
Dividends
-
14 328
-
-
withholding

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

-
4 172
-
-
total
-
4 172
-
-
Income
18 000
18 000
18 000
18 000
Total tax
19 319
7 844
10 151
8 046
After tax
-1 319
10 156
7 849
9 954
Living cost
12 603
12 603
12 603
12 603
Free-cash
-13 922
-2 447
-4 754
-2 649

Estimated living cost  is ₴12603 per week

₴8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3186
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
₴6131
₴7338
₴6375
₴9444
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
-
-
-
48
health
-
-
-
1 388
pensions

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

-
-
-
1 787
income
-
-
-
2 700
total
-
-
-
5 923
Employee
7 873
-
15 631
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
787
-
1 563
-
pensions

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

691
-
1 060
-
health
362
-
555
-
total
1 927
-
3 311
-
Employer
7 873
-
15 631
-
pensions

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

868
-
1 330
-
health
543
-
833
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
47
-
72
-
total
1 545
-
2 368
-
Corporate
8 582
18 000
-
-
income
858
1 800
-
-
total
858
1 800
-
-
Dividends
7 724
16 200
-
-
withholding
386
810
-
-
total
386
810
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 716
2 610
5 679
5 923
After tax
13 284
15 390
12 321
12 077
Living cost
5 946
5 946
5 946
5 946
Free-cash
7 338
9 444
6 375
6 131

Estimated living cost  is ₴5946 per week

₴3933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴142
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.
₴1531
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
₴7545
₴9253
₴7789
₴10858
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
-
-
-
48
health
-
-
-
1 388
pensions

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

-
-
-
1 787
income
-
-
-
2 700
total
-
-
-
5 923
Employee
6 001
-
15 631
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
600
-
1 563
-
pensions

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

527
-
1 060
-
health
276
-
555
-
total
1 469
-
3 311
-
Employer
6 001
-
15 631
-
pensions

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

661
-
1 330
-
health
414
-
833
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
72
-
total
1 177
-
2 368
-
Corporate
10 822
18 000
-
-
income
1 082
1 800
-
-
total
1 082
1 800
-
-
Dividends
9 740
16 200
-
-
withholding
487
810
-
-
total
487
810
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 215
2 610
5 679
5 923
After tax
13 785
15 390
12 321
12 077
Living cost
4 532
4 532
4 532
4 532
Free-cash
9 253
10 858
7 789
7 545

Estimated living cost  is ₴4532 per week

₴2646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
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.
₴1442
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
₴6342
₴3386
₴3938
₴2181
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
-
-
-
459
social contributions
-
-
-
2 808
income
-
-
-
388
total
-
-
-
3 655
Employee
26 579
26 579
26 579
-
income
2 894
2 460
2 767
-
social contributions
1 005
2 206
1 356
-
health
206
452
278
-
total
4 105
5 118
4 401
-
Employer
26 579
26 579
26 579
-
social contributions
1 005
2 206
1 356
-
health
224
492
302
-
total
1 229
2 698
1 658
-
Corporate
4 664
-
-
-
income
583
-
-
-
total
583
-
-
-
Dividends
4 080
-
-
-
withholding
694
-
-
-
total
694
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
6 611
7 816
6 059
3 655
After tax
11 389
10 184
11 941
14 345
Living cost
8 003
8 003
8 003
8 003
Free-cash
3 386
2 181
3 938
6 342

Estimated living cost  is ₴8003 per week

₴4796
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.
₴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.
₴2245
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
₴3134
₴625
₴730
-₴1027
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
-
-
-
459
social contributions
-
-
-
2 808
income
-
-
-
388
total
-
-
-
3 655
Employee
26 579
26 579
26 579
-
income
2 791
2 460
2 767
-
social contributions
1 292
2 206
1 356
-
health
264
452
278
-
total
4 347
5 118
4 401
-
Employer
26 579
26 579
26 579
-
social contributions
1 292
2 206
1 356
-
health
288
492
302
-
total
1 580
2 698
1 658
-
Corporate
862
-
-
-
income
108
-
-
-
total
108
-
-
-
Dividends
755
-
-
-
withholding
129
-
-
-
total
129
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
6 164
7 816
6 059
3 655
After tax
11 836
10 184
11 941
14 345
Living cost
11 211
11 211
11 211
11 211
Free-cash
625
-1 027
730
3 134

Estimated living cost  is ₴11211 per week

₴7664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2483
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
₴784
₴1561
₴1152
₴4410
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
-
-
-
2 430
social contributions
-
-
-
5 256
income
-
-
-
1 547
solidarity contribution
-
-
-
-
total
-
-
-
9 233
Employee
11 740
-
13 433
-
income
1 409
-
1 612
-
social contributions
763
-
873
-
health
1 585
-
1 813
-
solidarity contribution
-
-
-
-
total
3 757
-
4 298
-
Employer
11 740
-
13 433
-
social contributions
2 935
-
3 358
-
health
1 057
-
1 209
-
total
3 992
-
4 567
-
Corporate
2 269
18 000
-
-
income
431
3 420
-
-
total
431
3 420
-
-
Dividends
1 838
14 580
-
-
withholding
276
2 187
-
-
total
276
2 187
-
-
Income
18 000
18 000
18 000
18 000
Total tax
8 456
5 607
8 865
9 233
After tax
9 544
12 393
9 135
8 767
Living cost
7 983
7 983
7 983
7 983
Free-cash
1 561
4 410
1 152
784

Estimated living cost  is ₴7983 per week

₴5545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
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.
₴1713
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
-₴1070
-₴1385
-₴702
₴2556
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
-
-
-
2 430
social contributions
-
-
-
5 256
income
-
-
-
1 547
solidarity contribution
-
-
-
-
total
-
-
-
9 233
Employee
14 467
-
13 433
-
income
1 736
-
1 612
-
social contributions
940
-
873
-
health
1 953
-
1 813
-
solidarity contribution
-
-
-
-
total
4 629
-
4 298
-
Employer
14 467
-
13 433
-
social contributions
3 617
-
3 358
-
health
1 302
-
1 209
-
total
4 919
-
4 567
-
Corporate
-
18 000
-
-
income
-
3 420
-
-
total
-
3 420
-
-
Dividends
-
14 580
-
-
withholding
-
2 187
-
-
total
-
2 187
-
-
Income
18 000
18 000
18 000
18 000
Total tax
9 548
5 607
8 865
9 233
After tax
8 452
12 393
9 135
8 767
Living cost
9 837
9 837
9 837
9 837
Free-cash
-1 385
2 556
-702
-1 070

Estimated living cost  is ₴9837 per week

₴7316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴545
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.
₴1807
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
-₴4891
-₴57536
-₴57536
-₴57536
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
national
-
-
-
1 655
pensions
-
-
-
301
municipal
-
-
-
2 822
labour market
-
-
-
1 416
total
-
-
-
6 194
Employee
70 472
70 472
70 472
-
municipal
15 007
15 007
15 007
-
national
8 609
8 609
8 609
-
pensions
100
100
100
-
labour market
5 630
5 630
5 630
-
total
29 346
29 346
29 346
-
Employer
70 472
70 472
70 472
-
pensions
200
200
200
-
labour market
5 638
5 638
5 638
-
municipal
15 031
15 031
15 031
-
national
8 624
8 624
8 624
-
total
29 493
29 493
29 493
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
58 839
58 839
58 839
6 194
After tax
-40 839
-40 839
-40 839
11 806
Living cost
16 697
16 697
16 697
16 697
Free-cash
-57 536
-57 536
-57 536
-4 891

Estimated living cost  is ₴16697 per week

₴11427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3535
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
₴1796
₴3903
₴2422
₴6051
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
-
-
-
1 915
total
-
-
-
7 855
Employee
9 806
-
13 453
-
unemployment
157
-
215
-
income
1 104
-
2 198
-
pensions
196
-
269
-
total
1 457
-
2 682
-
Employer
9 806
-
13 453
-
pensions
1 961
-
2 690
-
health
1 275
-
1 749
-
unemployment
79
-
108
-
total
3 315
-
4 547
-
Corporate
4 880
18 000
-
-
income
976
3 600
-
-
total
976
3 600
-
-
Dividends
3 904
14 400
-
-
total
-
-
-
-
Income
18 000
18 000
18 000
18 000
Total tax
5 748
3 600
7 229
7 855
After tax
12 252
14 400
10 771
10 145
Living cost
8 349
8 349
8 349
8 349
Free-cash
3 903
6 051
2 422
1 796

Estimated living cost  is ₴8349 per week

₴5726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1957
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
₴939
-₴3617
-₴2087
-₴815
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
national
-
-
-
441
health
-
-
-
133
municipal
-
-
-
3 216
total
-
-
-
3 790
Employee
18 186
-
15 143
-
unemployment
273
-
227
-
municipal
2 979
-
2 485
-
national
300
-
136
-
pensions
1 227
-
1 022
-
health
136
-
89
-
total
4 915
-
3 959
-
Employer
18 186
-
15 143
-
pensions
3 155
-
2 627
-
health
140
-
117
-
accident
18
-
15
-
unemployment
118
-
98
-
total
3 431
-
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
-
-
-
-
total
-
1 944
-
-
Income
18 000
18 000
18 000
18 000
Total tax
8 346
5 544
6 816
3 790
After tax
9 654
12 456
11 184
14 210
Living cost
13 271
13 271
13 271
13 271
Free-cash
-3 617
-815
-2 087
939

Estimated living cost  is ₴13271 per week

₴8668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴3115
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
₴174
₴337
₴377
-₴1583
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
surtax
-
-
-
-
health
-
-
-
156
pensions
-
-
-
5 232
social contributions
-
-
-
513
income
-
-
-
713
other
-
-
-
558
total
-
-
-
7 172
Employee
13 205
-
13 717
-
income
681
-
743
-
surtax
-
-
-
-
social contributions
377
-
391
-
pensions
1 494
-
1 552
-
total
2 552
-
2 686
-
Employer
13 205
-
13 717
-
pensions
2 170
-
2 253
-
social contributions
39
-
41
-
other
456
-
473
-
health
924
-
960
-
unemployment
535
-
556
-
total
4 124
-
4 283
-
Corporate
671
18 000
-
-
income
188
5 040
-
-
surtax
-
-
-
-
total
188
5 040
-
-
Dividends
483
12 960
-
-
withholding
62
1 659
-
-
social contributions
83
2 230
-
-
surtax
-
-
-
-
total
145
3 889
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 009
8 929
6 969
7 172
After tax
10 991
9 071
11 031
10 828
Living cost
10 654
10 654
10 654
10 654
Free-cash
337
-1 583
377
174

Estimated living cost  is ₴10654 per week

₴6179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1082
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.
₴3191
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
-₴998
-₴1414
-₴795
-₴2755
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
surtax
-
-
-
-
health
-
-
-
156
pensions
-
-
-
5 232
social contributions
-
-
-
513
income
-
-
-
713
other
-
-
-
558
total
-
-
-
7 172
Employee
14 794
-
13 717
-
income
873
-
743
-
surtax
-
-
-
-
social contributions
422
-
391
-
pensions
1 673
-
1 552
-
total
2 968
-
2 686
-
Employer
14 794
-
13 717
-
pensions
2 430
-
2 253
-
social contributions
45
-
41
-
other
510
-
473
-
health
1 036
-
960
-
unemployment
599
-
556
-
total
4 620
-
4 283
-
Corporate
-
18 000
-
-
income
-
5 040
-
-
surtax
-
-
-
-
total
-
5 040
-
-
Dividends
-
12 960
-
-
withholding
-
1 659
-
-
social contributions
-
2 230
-
-
surtax
-
-
-
-
total
-
3 889
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 588
8 929
6 969
7 172
After tax
10 412
9 071
11 031
10 828
Living cost
11 826
11 826
11 826
11 826
Free-cash
-1 414
-2 755
-795
-998

Estimated living cost  is ₴11826 per week

₴7457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
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.
₴3207
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
-₴5867
-₴10411
-₴5664
-₴7624
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
surtax
-
-
-
-
health
-
-
-
156
pensions
-
-
-
5 232
social contributions
-
-
-
513
income
-
-
-
713
other
-
-
-
558
total
-
-
-
7 172
Employee
21 649
-
13 717
-
income
1 889
-
743
-
surtax
-
-
-
-
social contributions
617
-
391
-
pensions
2 449
-
1 552
-
total
4 955
-
2 686
-
Employer
21 649
-
13 717
-
pensions
3 557
-
2 253
-
social contributions
65
-
41
-
other
747
-
473
-
health
1 515
-
960
-
unemployment
877
-
556
-
total
6 761
-
4 283
-
Corporate
-
18 000
-
-
income
-
5 040
-
-
surtax
-
-
-
-
total
-
5 040
-
-
Dividends
-
12 960
-
-
withholding
-
1 659
-
-
social contributions
-
2 230
-
-
surtax
-
-
-
-
total
-
3 889
-
-
Income
18 000
18 000
18 000
18 000
Total tax
11 716
8 929
6 969
7 172
After tax
6 284
9 071
11 031
10 828
Living cost
16 695
16 695
16 695
16 695
Free-cash
-10 411
-7 624
-5 664
-5 867

Estimated living cost  is ₴16695 per week

₴11299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴3801
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
₴15598
₴14462
₴12178
₴14878
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
2 778
-
18 000
-
income
555
-
3 600
-
total
555
-
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%.

15 222
18 000
-
-
total
-
-
-
-
Dividends
15 222
18 000
-
-
withholding
761
900
-
-
total
761
900
-
-
Income
18 000
18 000
18 000
18 000
Total tax
1 316
900
3 600
180
After tax
16 684
17 100
14 400
17 820
Living cost
2 222
2 222
2 222
2 222
Free-cash
14 462
14 878
12 178
15 598

Estimated living cost  is ₴2222 per week

₴1377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
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.
₴599
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
₴14357
₴12987
₴10937
₴13637
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
4 328
-
18 000
-
income
866
-
3 600
-
total
866
-
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%.

13 672
18 000
-
-
total
-
-
-
-
Dividends
13 672
18 000
-
-
withholding
684
900
-
-
total
684
900
-
-
Income
18 000
18 000
18 000
18 000
Total tax
1 550
900
3 600
180
After tax
16 450
17 100
14 400
17 820
Living cost
3 463
3 463
3 463
3 463
Free-cash
12 987
13 637
10 937
14 357

Estimated living cost  is ₴3463 per week

₴2343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
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.
₴858
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
₴289
₴506
₴566
-₴4011
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
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
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.

-
-
-
2 361
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.

-
-
-
1 638
trade
-
-
-
277
total
-
-
-
4 366
Employee

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

17 199
-
18 000
-
income

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

1 414
-
1 638
-
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.

78
-
90
-
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.

2 361
-
2 361
-
total
3 853
-
4 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
801
18 000
-
-
trade
115
2 583
-
-
income
120
2 700
-
-
chamber of commerce
54
79
-
-
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.

7
148
-
-
total
296
5 510
-
-
Dividends
506
12 490
-
-
withholding
-
2 991
-
-
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.

-
165
-
-
total
-
3 156
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 149
8 666
4 089
4 366
After tax
13 851
9 334
13 911
13 634
Living cost
13 345
13 345
13 345
13 345
Free-cash
506
-4 011
566
289

Estimated living cost  is ₴13345 per week

₴9206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴194
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.
₴2510
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
₴3137
₴2503
₴3441
-₴1320
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
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
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.

-
-
-
2 361
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.

-
-
-
1 638
trade
-
-
-
304
total
-
-
-
4 393
Employee

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

13 221
-
18 000
-
income

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

369
-
1 638
-
surtax

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

20
-
90
-
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.

2 361
-
2 361
-
total
2 750
-
4 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 779
18 000
-
-
trade
753
2 835
-
-
income
717
2 700
-
-
chamber of commerce
59
78
-
-
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
-
-
total
1 568
5 761
-
-
Dividends
3 211
12 239
-
-
withholding
672
2 928
-
-
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.

37
161
-
-
total
709
3 089
-
-
Income
18 000
18 000
18 000
18 000
Total tax
5 027
8 850
4 089
4 393
After tax
12 973
9 150
13 911
13 607
Living cost
10 470
10 470
10 470
10 470
Free-cash
2 503
-1 320
3 441
3 137

Estimated living cost  is ₴10470 per week

₴6586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2468
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
₴15
₴266
₴332
-₴4522
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
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
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.

-
-
-
2 361
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.

-
-
-
1 638
trade
-
-
-
317
total
-
-
-
4 406
Employee

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

17 529
-
18 000
-
income

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

1 506
-
1 638
-
surtax

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

83
-
90
-
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.

2 361
-
2 361
-
total
3 950
-
4 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
471
18 000
-
-
trade
77
2 961
-
-
income
71
2 700
-
-
chamber of commerce
53
78
-
-
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.

4
148
-
-
total
205
5 887
-
-
Dividends
266
12 113
-
-
withholding
-
2 897
-
-
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.

-
159
-
-
total
-
3 056
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 155
8 943
4 089
4 406
After tax
13 845
9 057
13 911
13 594
Living cost
13 579
13 579
13 579
13 579
Free-cash
266
-4 522
332
15

Estimated living cost  is ₴13579 per week

₴9082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2863
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
-₴2255
-₴2773
-₴1924
-₴6870
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
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
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.

-
-
-
2 361
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.

-
-
-
1 638
trade
-
-
-
331
total
-
-
-
4 420
Employee

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

20 773
-
18 000
-
income

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

2 443
-
1 638
-
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.

134
-
90
-
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.

2 361
-
2 361
-
total
4 938
-
4 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
18 000
-
-
trade
-
3 087
-
-
income
-
2 700
-
-
chamber of commerce
-
78
-
-
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
-
-
total
-
6 013
-
-
Dividends
-
11 987
-
-
withholding
-
2 865
-
-
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.

-
157
-
-
total
-
3 022
-
-
Income
18 000
18 000
18 000
18 000
Total tax
4 938
9 035
4 089
4 420
After tax
13 062
8 965
13 911
13 580
Living cost
15 835
15 835
15 835
15 835
Free-cash
-2 773
-6 870
-1 924
-2 255

Estimated living cost  is ₴15835 per week

₴11565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2798
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
₴2557
₴2460
₴2105
₴3558
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
surtax
-
-
-
113
unemployment
-
-
-
79
health
-
-
-
1 278
pensions
-
-
-
3 600
income
-
-
-
2 609
other
-
-
-
-
total
-
-
-
7 679
Employee
11 640
-
14 869
-
unemployment
810
-
1 035
-
other
-
-
-
-
income
1 951
-
2 493
-
surtax
41
-
101
-
pensions
777
-
992
-
health
297
-
379
-
total
3 876
-
5 000
-
Employer
11 640
-
14 869
-
pensions
1 552
-
1 982
-
other
-
-
-
-
health
529
-
677
-
unemployment
369
-
472
-
total
2 450
-
3 131
-
Corporate
3 909
18 000
-
-
income
1 016
4 680
-
-
total
1 016
4 680
-
-
Dividends
2 893
13 320
-
-
withholding
434
1 998
-
-
total
434
1 998
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 776
6 678
8 131
7 679
After tax
10 224
11 322
9 869
10 321
Living cost
7 764
7 764
7 764
7 764
Free-cash
2 460
3 558
2 105
2 557

Estimated living cost  is ₴7764 per week

₴4687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴2222
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
₴2694
₴2620
₴2242
₴3695
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
surtax
-
-
-
113
unemployment
-
-
-
79
health
-
-
-
1 278
pensions
-
-
-
3 600
income
-
-
-
2 609
other
-
-
-
-
total
-
-
-
7 679
Employee
11 431
-
14 869
-
unemployment
796
-
1 035
-
other
-
-
-
-
income
1 916
-
2 493
-
surtax
37
-
101
-
pensions
762
-
992
-
health
292
-
379
-
total
3 803
-
5 000
-
Employer
11 431
-
14 869
-
pensions
1 524
-
1 982
-
other
-
-
-
-
health
520
-
677
-
unemployment
362
-
472
-
total
2 406
-
3 131
-
Corporate
4 163
18 000
-
-
income
1 082
4 680
-
-
total
1 082
4 680
-
-
Dividends
3 081
13 320
-
-
withholding
462
1 998
-
-
total
462
1 998
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 753
6 678
8 131
7 679
After tax
10 247
11 322
9 869
10 321
Living cost
7 627
7 627
7 627
7 627
Free-cash
2 620
3 695
2 242
2 694

Estimated living cost  is ₴7627 per week

₴4664
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.
₴176
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.
₴2084
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
₴5573
₴3463
₴3540
₴3318
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
-
-
-
2 201
total
-
-
-
5 531
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.

9 955
3 962
15 063
-
unemployment
149
59
226
-
income
1 217
484
1 841
-
pensions
995
396
1 506
-
health
697
277
1 054
-
total
3 058
1 216
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.

9 955
3 962
15 063
-
pensions
1 941
773
2 937
-
total
1 941
773
2 937
-
Corporate
6 104
13 266
-
-
income
549
1 194
-
-
total
549
1 194
-
-
Dividends
5 555
12 072
-
-
withholding
1 055
2 294
-
-
social contributions
1 038
2 309
-
-
total
2 093
4 603
-
-
Income
18 000
18 000
18 000
18 000
Total tax
7 641
7 786
7 564
5 531
After tax
10 359
10 214
10 436
12 469
Living cost
6 896
6 896
6 896
6 896
Free-cash
3 463
3 318
3 540
5 573

Estimated living cost  is ₴6896 per week

₴4706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴138
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.
₴1488
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
-₴5376
-₴10270
-₴5235
-₴5487
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
national
-
-
-
2 616
pensions
-
-
-
2 160
social contributions
-
-
-
193
municipal
-
-
-
1 688
total
-
-
-
6 657
Employee
25 918
-
15 561
-
municipal
3 201
-
1 758
-
national
4 961
-
2 724
-
pensions
1 037
-
622
-
total
9 199
-
5 104
-
Employer
25 918
-
15 561
-
pensions
2 073
-
1 245
-
social contributions
279
-
167
-
total
2 352
-
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
11 551
6 768
6 516
6 657
After tax
6 449
11 232
11 484
11 343
Living cost
16 719
16 719
16 719
16 719
Free-cash
-10 270
-5 487
-5 235
-5 376

Estimated living cost  is ₴16719 per week

₴11364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴3551
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
-₴5460
-₴9038
-₴5460
-₴7090
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
-
-
-
1 252
income
-
-
-
2 518
total
-
-
-
3 770
Employee
27 038
-
18 000
-
social contributions
2 246
-
1 252
-
income
5 102
-
2 518
-
total
7 348
-
3 770
-
Employer
27 038
-
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
7 348
5 400
3 770
3 770
After tax
10 652
12 600
14 230
14 230
Living cost
19 690
19 690
19 690
19 690
Free-cash
-9 038
-7 090
-5 460
-5 460

Estimated living cost  is ₴19690 per week

₴14980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2918
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
-₴4715
-₴12720
-₴5732
-₴4981
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
national
-
-
-
3 216
regional
-
-
-
177
social contributions
-
-
-
4 630
municipal
-
-
-
107
total
-
-
-
8 130
Employee
30 720
-
18 000
-
municipal
163
-
96
-
national
5 323
-
2 828
-
social contributions
10 359
-
6 069
-
regional
290
-
154
-
total
16 135
-
9 147
-
Employer
30 720
-
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
16 135
8 396
9 147
8 130
After tax
1 865
9 604
8 853
9 870
Living cost
14 585
14 585
14 585
14 585
Free-cash
-12 720
-4 981
-5 732
-4 715

Estimated living cost  is ₴14585 per week

₴10167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴3238
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
₴465
-₴1175
-₴546
₴150
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
national
-
-
-
3 216
regional
-
-
-
271
social contributions
-
-
-
4 630
municipal
-
-
-
107
total
-
-
-
8 224
Employee
19 174
-
18 000
-
municipal
102
-
96
-
national
3 038
-
2 828
-
social contributions
6 466
-
6 069
-
regional
258
-
242
-
total
9 864
-
9 235
-
Employer
19 174
-
18 000
-
total
-
-
-
-
Corporate
-
18 000
-
-
nationa
-
4 320
-
-
municipal
-
895
-
-
total
-
5 215
-
-
Dividends
-
12 785
-