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
₴ 20000
per

Your estimated
City
free-cash

Andorra , Andorra
₴5149
₴6381
₴5721
₴7549
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
-
-
-
20 000
social contributions
-
-
-
4 400
income
-
-
-
-
total
-
-
-
4 400
Employee
11 178
-
17 316
-
social contributions
726
-
1 126
-
income
-
-
18
-
total
726
-
1 144
-
Employer
11 178
-
17 316
-
social contributions
1 733
-
2 684
-
total
1 733
-
2 684
-
Corporate
7 090
20 000
-
-
income
709
2 000
-
-
total
709
2 000
-
-
Dividends
6 380
18 000
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
3 168
2 000
3 828
4 400
After tax
16 832
18 000
16 172
15 600
Living cost
10 451
10 451
10 451
10 451
Free-cash
6 381
7 549
5 721
5 149

Estimated living cost  is ₴10451 per week

₴6758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
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.
₴2709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
₴45
₴71
-₴3377
₴404
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
-
-
-
20 000
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
1 530
chamber of commerce
-
-
-
80
pensions
-
-
-
3 700
income
-
-
-
1 421
total
-
-
-
8 863
Employee
15 198
13 856
15 531
-
unemployment
456
416
466
-
other
152
139
155
-
income
1 354
1 022
1 450
-
pensions
1 556
1 419
1 590
-
health
588
536
601
-
total
4 106
3 532
4 262
-
Employer
15 198
13 856
15 531
-
pensions
1 907
1 739
1 949
-
surtax
-
-
-
-
payroll
456
416
466
-
other
722
658
738
-
health
575
524
587
-
accident
197
180
202
-
unemployment
456
416
466
-
chamber of commerce
61
55
62
-
total
4 374
3 988
4 470
-
Corporate
1 320
2 157
14 211
-
income

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

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

330
539
3 553
-
total
330
539
3 553
-
Dividends
98
1 617
-
-
withholding
27
445
-
-
total
27
445
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 837
8 504
12 285
8 863
After tax
11 163
11 496
7 715
11 137
Living cost
11 092
11 092
11 092
11 092
Free-cash
71
404
-3 377
45

Estimated living cost  is ₴11092 per week

₴6654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
-₴1183
-₴2773
-₴4549
-₴793
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
-
-
-
20 000
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
1 530
chamber of commerce
-
-
-
80
pensions
-
-
-
3 700
income
-
-
-
1 421
total
-
-
-
8 932
Employee
17 376
13 856
15 476
-
unemployment
521
416
464
-
other
174
139
155
-
income
1 978
1 022
1 434
-
pensions
1 779
1 419
1 585
-
health
672
536
599
-
total
5 124
3 532
4 237
-
Employer
17 376
13 856
15 476
-
pensions
2 181
1 739
1 942
-
surtax
69
69
69
-
payroll
521
416
464
-
other
825
658
735
-
health
656
524
585
-
accident
226
180
201
-
unemployment
521
416
464
-
chamber of commerce
69
55
62
-
total
5 068
4 057
4 522
-
Corporate
1 320
2 088
14 157
-
income

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

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

330
522
3 539
-
total
330
522
3 539
-
Dividends
-
1 566
-
-
withholding
-
431
-
-
total
-
431
-
-
Income
20 000
20 000
20 000
20 000
Total tax
10 522
8 542
12 298
8 932
After tax
9 478
11 458
7 702
11 068
Living cost
12 251
12 251
12 251
12 251
Free-cash
-2 773
-793
-4 549
-1 183

Estimated living cost  is ₴12251 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1045
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.
₴2834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
-₴1932
-₴12108
-₴4093
-₴1407
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
-
-
-
20 000
national
-
-
-
5 872
communal

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

-
-
-
1 061
social contributions
-
-
-
2 322
total
-
-
-
9 255
Employee

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

24 870
-
15 491
-
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.

216
-
135
-
national
7 646
-
4 075
-
communal

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

1 297
-
808
-
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.

1 865
-
1 162
-
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.

1 168
-
728
-
total
12 192
-
6 908
-
Employer

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

24 870
-
15 491
-
surtax
2 820
-
1 756
-
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.

2 204
-
1 372
-
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.

1 529
-
953
-
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.

323
-
201
-
unemployment

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

363
-
226
-
total
7 239
-
4 508
-
Corporate
-
20 000
-
-
income
-
4 000
-
-
surtax
-
80
-
-
total
-
4 080
-
-
Dividends
-
15 920
-
-
withholding

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

-
4 650
-
-
total
-
4 650
-
-
Income
20 000
20 000
20 000
20 000
Total tax
19 431
8 730
11 416
9 255
After tax
569
11 270
8 584
10 745
Living cost
12 677
12 677
12 677
12 677
Free-cash
-12 108
-1 407
-4 093
-1 932

Estimated living cost  is ₴12677 per week

₴8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴7774
₴8999
₴8113
₴11118
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
-
-
-
20 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
3 000
total
-
-
-
6 244
Employee
7 921
-
17 617
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
792
-
1 762
-
pensions

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

695
-
1 067
-
health
364
-
559
-
total
1 938
-
3 522
-
Employer
7 921
-
17 617
-
pensions

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

873
-
1 338
-
health
547
-
838
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 555
-
2 383
-
Corporate
10 525
20 000
-
-
income
1 052
2 000
-
-
total
1 052
2 000
-
-
Dividends
9 473
18 000
-
-
withholding
474
900
-
-
total
474
900
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 019
2 900
5 905
6 244
After tax
14 981
17 100
14 095
13 756
Living cost
5 982
5 982
5 982
5 982
Free-cash
8 999
11 118
8 113
7 774

Estimated living cost  is ₴5982 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴9197
₴10926
₴9536
₴12541
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
-
-
-
20 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
3 000
total
-
-
-
6 244
Employee
6 037
-
17 617
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
income
604
-
1 762
-
pensions

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

530
-
1 067
-
health
278
-
559
-
total
1 478
-
3 522
-
Employer
6 037
-
17 617
-
pensions

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

665
-
1 338
-
health
417
-
838
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
unemployment
36
-
73
-
total
1 184
-
2 383
-
Corporate
12 778
20 000
-
-
income
1 278
2 000
-
-
total
1 278
2 000
-
-
Dividends
11 501
18 000
-
-
withholding
575
900
-
-
total
575
900
-
-
Income
20 000
20 000
20 000
20 000
Total tax
4 515
2 900
5 905
6 244
After tax
15 485
17 100
14 095
13 756
Living cost
4 559
4 559
4 559
4 559
Free-cash
10 926
12 541
9 536
9 197

Estimated living cost  is ₴4559 per week

₴2662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴7619
₴4782
₴5559
₴4087
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
-
-
-
20 000
health
-
-
-
510
social contributions
-
-
-
3 120
income
-
-
-
701
total
-
-
-
4 331
Employee
26 735
26 735
26 735
-
income
2 911
2 475
2 732
-
social contributions
1 011
2 219
1 507
-
health
207
455
309
-
total
4 129
5 149
4 548
-
Employer
26 735
26 735
26 735
-
social contributions
1 011
2 219
1 507
-
health
225
495
336
-
total
1 236
2 714
1 843
-
Corporate
6 585
-
-
-
income
823
-
-
-
total
823
-
-
-
Dividends
5 762
-
-
-
withholding
980
-
-
-
total
980
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 168
7 863
6 391
4 331
After tax
12 832
12 137
13 609
15 669
Living cost
8 050
8 050
8 050
8 050
Free-cash
4 782
4 087
5 559
7 619

Estimated living cost  is ₴8050 per week

₴4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴4392
₴2006
₴2332
₴860
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
-
-
-
20 000
health
-
-
-
510
social contributions
-
-
-
3 120
income
-
-
-
701
total
-
-
-
4 331
Employee
26 735
26 735
26 735
-
income
2 807
2 475
2 732
-
social contributions
1 299
2 219
1 507
-
health
266
455
309
-
total
4 372
5 149
4 548
-
Employer
26 735
26 735
26 735
-
social contributions
1 299
2 219
1 507
-
health
290
495
336
-
total
1 589
2 714
1 843
-
Corporate
2 762
-
-
-
income
345
-
-
-
total
345
-
-
-
Dividends
2 417
-
-
-
withholding
411
-
-
-
total
411
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
6 717
7 863
6 391
4 331
After tax
13 283
12 137
13 609
15 669
Living cost
11 277
11 277
11 277
11 277
Free-cash
2 006
860
2 332
4 392

Estimated living cost  is ₴11277 per week

₴7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
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.
₴2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴1700
₴2861
₴2109
₴5729
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
-
-
-
20 000
health
-
-
-
2 700
social contributions
-
-
-
5 840
income
-
-
-
1 719
solidarity contribution
-
-
-
-
total
-
-
-
10 259
Employee
11 826
-
14 925
-
income
1 419
-
1 791
-
social contributions
769
-
970
-
health
1 596
-
2 015
-
solidarity contribution
-
-
-
-
total
3 784
-
4 776
-
Employer
11 826
-
14 925
-
social contributions
2 956
-
3 731
-
health
1 064
-
1 343
-
total
4 020
-
5 074
-
Corporate
4 154
20 000
-
-
income
789
3 800
-
-
total
789
3 800
-
-
Dividends
3 364
16 200
-
-
withholding
505
2 430
-
-
total
505
2 430
-
-
Income
20 000
20 000
20 000
20 000
Total tax
9 098
6 230
9 850
10 259
After tax
10 902
13 770
10 150
9 741
Living cost
8 041
8 041
8 041
8 041
Free-cash
2 861
5 729
2 109
1 700

Estimated living cost  is ₴8041 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
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.
₴1726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
-₴168
₴327
₴241
₴3861
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
-
-
-
20 000
health
-
-
-
2 700
social contributions
-
-
-
5 840
income
-
-
-
1 719
solidarity contribution
-
-
-
-
total
-
-
-
10 259
Employee
14 572
-
14 925
-
income
1 749
-
1 791
-
social contributions
947
-
970
-
health
1 967
-
2 015
-
solidarity contribution
-
-
-
-
total
4 663
-
4 776
-
Employer
14 572
-
14 925
-
social contributions
3 643
-
3 731
-
health
1 311
-
1 343
-
total
4 954
-
5 074
-
Corporate
473
20 000
-
-
income
90
3 800
-
-
total
90
3 800
-
-
Dividends
383
16 200
-
-
withholding
57
2 430
-
-
total
57
2 430
-
-
Income
20 000
20 000
20 000
20 000
Total tax
9 764
6 230
9 850
10 259
After tax
10 236
13 770
10 150
9 741
Living cost
9 909
9 909
9 909
9 909
Free-cash
327
3 861
241
-168

Estimated living cost  is ₴9909 per week

₴7369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴1820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
-₴3807
-₴55959
-₴55959
-₴55959
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
-
-
-
20 000
national
-
-
-
1 895
pensions
-
-
-
302
municipal
-
-
-
3 244
labour market
-
-
-
1 576
total
-
-
-
7 017
Employee
70 867
70 867
70 867
-
municipal
15 091
15 091
15 091
-
national
8 658
8 658
8 658
-
pensions
101
101
101
-
labour market
5 661
5 661
5 661
-
total
29 511
29 511
29 511
-
Employer
70 867
70 867
70 867
-
pensions
201
201
201
-
labour market
5 669
5 669
5 669
-
municipal
15 115
15 115
15 115
-
national
8 673
8 673
8 673
-
total
29 658
29 658
29 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
59 169
59 169
59 169
7 017
After tax
-39 169
-39 169
-39 169
12 983
Living cost
16 790
16 790
16 790
16 790
Free-cash
-55 959
-55 959
-55 959
-3 807

Estimated living cost  is ₴16790 per week

₴11491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴2681
₴5443
₴3376
₴7602
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
-
-
-
20 000
health
-
-
-
2 600
pensions
-
-
-
4 000
income
-
-
-
2 321
total
-
-
-
8 921
Employee
9 863
-
14 948
-
unemployment
158
-
239
-
income
1 110
-
2 636
-
pensions
197
-
299
-
total
1 465
-
3 174
-
Employer
9 863
-
14 948
-
pensions
1 973
-
2 990
-
health
1 282
-
1 943
-
unemployment
79
-
119
-
total
3 334
-
5 052
-
Corporate
6 803
20 000
-
-
income
1 360
4 000
-
-
total
1 360
4 000
-
-
Dividends
5 442
16 000
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
6 159
4 000
8 226
8 921
After tax
13 841
16 000
11 774
11 079
Living cost
8 398
8 398
8 398
8 398
Free-cash
5 443
7 602
3 376
2 681

Estimated living cost  is ₴8398 per week

₴5760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴1969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₴2153
-₴1743
-₴1004
₴469
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

-
-
-
20 000
national
-
-
-
765
health
-
-
-
163
municipal
-
-
-
3 571
total
-
-
-
4 499
Employee
18 292
-
16 824
-
unemployment
274
-
252
-
municipal
2 996
-
2 758
-
national
302
-
222
-
pensions
1 234
-
1 136
-
health
137
-
114
-
total
4 943
-
4 482
-
Employer
18 292
-
16 824
-
pensions
3 174
-
2 919
-
health
141
-
129
-
accident
18
-
16
-
unemployment
119
-
110
-
total
3 452
-
3 174
-
Corporate
-
20 000
-
-
income
-
4 000
-
-
total
-
4 000
-
-
Dividends

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

-
12 000
-
-
municipal
-
2 160
-
-
national
-
23
-
-
total
-
2 183
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 395
6 183
7 656
4 499
After tax
11 605
13 817
12 344
15 501
Living cost
13 348
13 348
13 348
13 348
Free-cash
-1 743
469
-1 004
2 153

Estimated living cost  is ₴13348 per week

₴8719
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.
₴212
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.
₴3133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
₴1267
₴1293
₴1443
-₴637
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
-
-
-
20 000
surtax
-
-
-
-
health
-
-
-
174
pensions
-
-
-
5 755
social contributions
-
-
-
570
income
-
-
-
897
other
-
-
-
620
total
-
-
-
8 016
Employee
13 283
-
15 240
-
income
685
-
922
-
surtax
-
-
-
-
social contributions
379
-
434
-
pensions
1 502
-
1 724
-
total
2 566
-
3 080
-
Employer
13 283
-
15 240
-
pensions
2 183
-
2 504
-
social contributions
40
-
46
-
other
459
-
526
-
health
930
-
1 067
-
unemployment
538
-
617
-
total
4 150
-
4 760
-
Corporate
2 569
20 000
-
-
income
719
5 600
-
-
surtax
-
-
-
-
total
719
5 600
-
-
Dividends
1 850
14 400
-
-
withholding
237
1 843
-
-
social contributions
318
2 477
-
-
surtax
-
-
-
-
total
555
4 320
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 990
9 920
7 840
8 016
After tax
12 010
10 080
12 160
11 984
Living cost
10 717
10 717
10 717
10 717
Free-cash
1 293
-637
1 443
1 267

Estimated living cost  is ₴10717 per week

₴6215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
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.
₴3210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴89
₴238
₴265
-₴1815
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
-
-
-
20 000
surtax
-
-
-
-
health
-
-
-
174
pensions
-
-
-
5 755
social contributions
-
-
-
570
income
-
-
-
897
other
-
-
-
620
total
-
-
-
8 016
Employee
14 880
-
15 240
-
income
878
-
922
-
surtax
-
-
-
-
social contributions
424
-
434
-
pensions
1 682
-
1 724
-
total
2 984
-
3 080
-
Employer
14 880
-
15 240
-
pensions
2 445
-
2 504
-
social contributions
45
-
46
-
other
513
-
526
-
health
1 042
-
1 067
-
unemployment
602
-
617
-
total
4 647
-
4 760
-
Corporate
473
20 000
-
-
income
133
5 600
-
-
surtax
-
-
-
-
total
133
5 600
-
-
Dividends
340
14 400
-
-
withholding
44
1 843
-
-
social contributions
59
2 477
-
-
surtax
-
-
-
-
total
103
4 320
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 867
9 920
7 840
8 016
After tax
12 133
10 080
12 160
11 984
Living cost
11 895
11 895
11 895
11 895
Free-cash
238
-1 815
265
89

Estimated living cost  is ₴11895 per week

₴7501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
-₴4809
-₴8577
-₴4633
-₴6713
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
-
-
-
20 000
surtax
-
-
-
-
health
-
-
-
174
pensions
-
-
-
5 755
social contributions
-
-
-
570
income
-
-
-
897
other
-
-
-
620
total
-
-
-
8 016
Employee
21 776
-
15 240
-
income
1 900
-
922
-
surtax
-
-
-
-
social contributions
620
-
434
-
pensions
2 463
-
1 724
-
total
4 983
-
3 080
-
Employer
21 776
-
15 240
-
pensions
3 578
-
2 504
-
social contributions
65
-
46
-
other
752
-
526
-
health
1 524
-
1 067
-
unemployment
882
-
617
-
total
6 801
-
4 760
-
Corporate
-
20 000
-
-
income
-
5 600
-
-
surtax
-
-
-
-
total
-
5 600
-
-
Dividends
-
14 400
-
-
withholding
-
1 843
-
-
social contributions
-
2 477
-
-
surtax
-
-
-
-
total
-
4 320
-
-
Income
20 000
20 000
20 000
20 000
Total tax
11 784
9 920
7 840
8 016
After tax
8 216
10 080
12 160
11 984
Living cost
16 793
16 793
16 793
16 793
Free-cash
-8 577
-6 713
-4 633
-4 809

Estimated living cost  is ₴16793 per week

₴11365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
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.
₴3824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴17573
₴16355
₴13773
₴16773
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%.

-
-
-
20 000
microenterprise

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

-
-
-
200
total
-
-
-
200
Employee
2 784
-
20 000
-
income
557
-
4 000
-
total
557
-
4 000
-
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%.

17 216
20 000
-
-
total
-
-
-
-
Dividends
17 216
20 000
-
-
withholding
861
1 000
-
-
total
861
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
1 418
1 000
4 000
200
After tax
18 582
19 000
16 000
19 800
Living cost
2 227
2 227
2 227
2 227
Free-cash
16 355
16 773
13 773
17 573

Estimated living cost  is ₴2227 per week

₴1380
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.
₴601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴16329
₴14878
₴12529
₴15529
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%.

-
-
-
20 000
microenterprise

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

-
-
-
200
total
-
-
-
200
Employee
4 339
-
20 000
-
income
868
-
4 000
-
total
868
-
4 000
-
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%.

15 661
20 000
-
-
total
-
-
-
-
Dividends
15 661
20 000
-
-
withholding
783
1 000
-
-
total
783
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
1 651
1 000
4 000
200
After tax
18 349
19 000
16 000
19 800
Living cost
3 471
3 471
3 471
3 471
Free-cash
14 878
15 529
12 529
16 329

Estimated living cost  is ₴3471 per week

₴2349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴1339
₴1486
₴1889
-₴3062
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.

-
-
-
20 000
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.

-
-
-
121
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.

-
-
-
2 375
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.

-
-
-
2 192
trade
-
-
-
550
total
-
-
-
5 238
Employee

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

17 299
-
20 000
-
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.

1 423
-
2 192
-
surtax

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

79
-
121
-
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.

2 375
-
2 375
-
total
3 877
-
4 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 701
20 000
-
-
trade
387
2 870
-
-
income
405
3 000
-
-
chamber of commerce
57
82
-
-
surtax

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

22
165
-
-
total
871
6 117
-
-
Dividends
1 829
13 883
-
-
withholding
325
3 339
-
-
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
183
-
-
total
343
3 522
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 091
9 639
4 688
5 238
After tax
14 909
10 361
15 312
14 762
Living cost
13 423
13 423
13 423
13 423
Free-cash
1 486
-3 062
1 889
1 339

Estimated living cost  is ₴13423 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
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.
₴2524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
₴4177
₴3470
₴4781
-₴376
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.

-
-
-
20 000
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.

-
-
-
121
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.

-
-
-
2 375
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.

-
-
-
2 192
trade
-
-
-
604
total
-
-
-
5 292
Employee

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

13 298
-
20 000
-
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.

371
-
2 192
-
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
-
121
-
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.

2 375
-
2 375
-
total
2 766
-
4 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 702
20 000
-
-
trade
1 056
3 150
-
-
income
1 006
3 000
-
-
chamber of commerce
63
82
-
-
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.

55
165
-
-
total
2 180
6 397
-
-
Dividends
4 523
13 603
-
-
withholding
998
3 269
-
-
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.

55
179
-
-
total
1 053
3 448
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 999
9 845
4 688
5 292
After tax
14 001
10 155
15 312
14 708
Living cost
10 531
10 531
10 531
10 531
Free-cash
3 470
-376
4 781
4 177

Estimated living cost  is ₴10531 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1228
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.
₴2482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
₴1023
₴1280
₴1654
-₴3606
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.

-
-
-
20 000
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.

-
-
-
121
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.

-
-
-
2 375
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.

-
-
-
2 192
trade
-
-
-
631
total
-
-
-
5 319
Employee

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

17 632
-
20 000
-
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.

1 515
-
2 192
-
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
-
121
-
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.

2 375
-
2 375
-
total
3 973
-
4 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 368
20 000
-
-
trade
389
3 290
-
-
income
355
3 000
-
-
chamber of commerce
56
81
-
-
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
165
-
-
total
820
6 536
-
-
Dividends
1 548
13 464
-
-
withholding
255
3 234
-
-
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
178
-
-
total
269
3 412
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 062
9 948
4 688
5 319
After tax
14 938
10 052
15 312
14 681
Living cost
13 658
13 658
13 658
13 658
Free-cash
1 280
-3 606
1 654
1 023

Estimated living cost  is ₴13658 per week

₴9135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
-₴1274
-₴895
-₴616
-₴5979
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.

-
-
-
20 000
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.

-
-
-
121
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.

-
-
-
2 375
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.

-
-
-
2 192
trade
-
-
-
658
total
-
-
-
5 346
Employee

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

20 895
-
20 000
-
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.

2 457
-
2 192
-
surtax

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

135
-
121
-
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.

2 375
-
2 375
-
total
4 967
-
4 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
trade
-
3 430
-
-
income
-
3 000
-
-
chamber of commerce
-
81
-
-
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
-
6 676
-
-
Dividends
-
13 324
-
-
withholding
-
3 199
-
-
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.

-
176
-
-
total
-
3 375
-
-
Income
20 000
20 000
20 000
20 000
Total tax
4 967
10 051
4 688
5 346
After tax
15 033
9 949
15 312
14 654
Living cost
15 928
15 928
15 928
15 928
Free-cash
-895
-5 979
-616
-1 274

Estimated living cost  is ₴15928 per week

₴11633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
₴3494
₴3665
₴3063
₴4771
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
-
-
-
20 000
surtax
-
-
-
181
unemployment
-
-
-
79
health
-
-
-
1 420
pensions
-
-
-
4 000
income
-
-
-
3 017
other
-
-
-
-
total
-
-
-
8 697
Employee
11 709
-
16 522
-
unemployment
815
-
1 150
-
other
-
-
-
-
income
1 963
-
2 829
-
surtax
42
-
148
-
pensions
781
-
1 102
-
health
299
-
421
-
total
3 900
-
5 650
-
Employer
11 709
-
16 522
-
pensions
1 561
-
2 202
-
other
-
-
-
-
health
532
-
752
-
unemployment
371
-
524
-
total
2 464
-
3 478
-
Corporate
5 826
20 000
-
-
income
1 515
5 200
-
-
total
1 515
5 200
-
-
Dividends
4 311
14 800
-
-
withholding
647
2 220
-
-
total
647
2 220
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 526
7 420
9 128
8 697
After tax
11 474
12 580
10 872
11 303
Living cost
7 809
7 809
7 809
7 809
Free-cash
3 665
4 771
3 063
3 494

Estimated living cost  is ₴7809 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
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.
₴2235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴3631
₴3825
₴3200
₴4908
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
-
-
-
20 000
surtax
-
-
-
181
unemployment
-
-
-
79
health
-
-
-
1 420
pensions
-
-
-
4 000
income
-
-
-
3 017
other
-
-
-
-
total
-
-
-
8 697
Employee
11 498
-
16 522
-
unemployment
800
-
1 150
-
other
-
-
-
-
income
1 927
-
2 829
-
surtax
38
-
148
-
pensions
767
-
1 102
-
health
294
-
421
-
total
3 826
-
5 650
-
Employer
11 498
-
16 522
-
pensions
1 533
-
2 202
-
other
-
-
-
-
health
523
-
752
-
unemployment
364
-
524
-
total
2 420
-
3 478
-
Corporate
6 082
20 000
-
-
income
1 582
5 200
-
-
total
1 582
5 200
-
-
Dividends
4 501
14 800
-
-
withholding
675
2 220
-
-
total
675
2 220
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 503
7 420
9 128
8 697
After tax
11 497
12 580
10 872
11 303
Living cost
7 672
7 672
7 672
7 672
Free-cash
3 825
4 908
3 200
3 631

Estimated living cost  is ₴7672 per week

₴4691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
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.
₴2096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴6902
₴4525
₴4640
₴4382
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
-
-
-
20 000
unemployment
-
-
-
300
health
-
-
-
1 400
pensions
-
-
-
2 000
income
-
-
-
2 445
total
-
-
-
6 145
Employee

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

The minimum wage is 138,000 HUF per month.

10 037
3 994
16 736
-
unemployment
151
60
251
-
income
1 227
488
2 046
-
pensions
1 004
399
1 674
-
health
703
280
1 172
-
total
3 085
1 227
5 143
-
Employer

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

The minimum wage is 138,000 HUF per month.

10 037
3 994
16 736
-
pensions
1 957
779
3 264
-
total
1 957
779
3 264
-
Corporate
8 006
15 227
-
-
income
721
1 370
-
-
total
721
1 370
-
-
Dividends
7 286
13 856
-
-
withholding
1 384
2 633
-
-
social contributions
1 375
2 656
-
-
total
2 759
5 289
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 522
8 665
8 407
6 145
After tax
11 478
11 335
11 593
13 855
Living cost
6 953
6 953
6 953
6 953
Free-cash
4 525
4 382
4 640
6 902

Estimated living cost  is ₴6953 per week

₴4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
-₴4298
-₴8390
-₴4142
-₴4310
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
-
-
-
20 000
national
-
-
-
2 974
pensions
-
-
-
2 400
social contributions
-
-
-
215
municipal
-
-
-
1 919
total
-
-
-
7 508
Employee
26 027
-
17 290
-
municipal
3 215
-
1 997
-
national
4 982
-
3 094
-
pensions
1 041
-
692
-
total
9 238
-
5 783
-
Employer
26 027
-
17 290
-
pensions
2 082
-
1 383
-
social contributions
280
-
186
-
total
2 362
-
1 569
-
Corporate
-
20 000
-
-
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%.

-
4 000
-
-
total
-
4 000
-
-
Dividends
-
16 000
-
-
withholding
-
3 520
-
-
total
-
3 520
-
-
Income
20 000
20 000
20 000
20 000
Total tax
11 600
7 520
7 352
7 508
After tax
8 400
12 480
12 648
12 492
Living cost
16 790
16 790
16 790
16 790
Free-cash
-8 390
-4 310
-4 142
-4 298

Estimated living cost  is ₴16790 per week

₴11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
-₴4186
-₴7197
-₴4186
-₴5806
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
-
-
-
20 000
social contributions
-
-
-
1 468
income
-
-
-
2 912
total
-
-
-
4 380
Employee
27 197
-
20 000
-
social contributions
2 259
-
1 468
-
income
5 132
-
2 912
-
total
7 391
-
4 380
-
Employer
27 197
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
income
-
2 500
-
-
total
-
2 500
-
-
Dividends
-
17 500
-
-
withholding
-
3 500
-
-
total
-
3 500
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 391
6 000
4 380
4 380
After tax
12 609
14 000
15 620
15 620
Living cost
19 806
19 806
19 806
19 806
Free-cash
-7 197
-5 806
-4 186
-4 186

Estimated living cost  is ₴19806 per week

₴15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
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.
₴2935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
-₴3749
-₴10900
-₴4880
-₴4000
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
-
-
-
20 000
national
-
-
-
3 615
regional
-
-
-
200
social contributions
-
-
-
5 144
municipal
-
-
-
119
total
-
-
-
9 078
Employee
30 900
-
20 000
-
municipal
164
-
106
-
national
5 354
-
3 184
-
social contributions
10 419
-
6 744
-
regional
292
-
175
-
total
16 229
-
10 209
-
Employer
30 900
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
nationa
-
4 800
-
-
municipal
-
780
-
-
total
-
5 580
-
-
Dividends
-
14 420
-
-
withholding
-
3 749
-
-
total
-
3 749
-
-
Income
20 000
20 000
20 000
20 000
Total tax
16 229
9 329
10 209
9 078
After tax
3 771
10 671
9 791
10 922
Living cost
14 671
14 671
14 671
14 671
Free-cash
-10 900
-4 000
-4 880
-3 749

Estimated living cost  is ₴14671 per week

₴10227
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.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴1454
₴372
₴331
₴1146
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
-
-
-
20 000
national
-
-
-
3 615
regional
-
-
-
302
social contributions
-
-
-
5 144
municipal
-
-
-
119
total
-
-
-
9 180
Employee
19 286
-
20 000
-
municipal
102
-
106
-
national
3 056
-
3 184
-
social contributions
6 504
-
6 744
-
regional
260
-
269
-
total
9 922
-
10 303
-
Employer
19 286
-
20 000
-
total
-
-
-
-
Corporate
714
20 000
-
-
nationa
172
4 800
-
-
municipal
36
994
-
-
total
208
5 794
-
-
Dividends
506
14 206
-
-