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
₴8673
₴6762
₴6199
₴7631
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
-
-
-
74
total
-
-
-
4 474
Employee
9 976
-
17 315
-
social contributions
648
-
1 125
-
income
-
-
103
-
total
648
-
1 228
-
Employer
9 976
-
17 315
-
social contributions
1 546
-
2 683
-
total
1 546
-
2 683
-
Corporate
8 478
20 000
-
-
income
848
2 000
-
-
total
848
2 000
-
-
Dividends
7 630
18 000
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
3 042
2 000
3 911
4 474
After tax
16 958
18 000
16 089
15 526
Living cost
9 327
9 327
9 327
9 327
Free-cash
7 631
8 673
6 762
6 199

Estimated living cost  is ₴9327 per week

₴6031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2418
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
₴1530
-₴2542
₴1063
₴1378
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
chamber of commerce
-
-
-
80
unemployment
-
-
-
1 903
health
-
-
-
1 530
pensions
-
-
-
3 700
income
-
-
-
1 824
surtax
-
-
-
-
total
-
-
-
9 037
Employee
13 564
12 366
15 531
-
health
525
479
601
-
pensions
1 389
1 266
1 590
-
other
135
124
155
-
unemployment
407
371
466
-
income
1 208
912
1 772
-
total
3 664
3 152
4 584
-
Employer
13 564
12 366
15 531
-
pensions
1 702
1 552
1 949
-
accident
176
161
202
-
unemployment
407
371
466
-
surtax
-
-
-
-
payroll
407
371
466
-
chamber of commerce
54
49
62
-
health
513
468
587
-
other
644
587
738
-
total
3 903
3 559
4 470
-
Corporate
2 533
4 075
14 353
-
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.

633
1 019
3 588
-
total
633
1 019
3 588
-
Dividends
1 900
3 057
-
-
withholding
522
840
-
-
total
522
840
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 722
8 570
12 642
9 037
After tax
11 278
11 430
7 358
10 963
Living cost
9 900
9 900
9 900
9 900
Free-cash
1 378
1 530
-2 542
1 063

Estimated living cost  is ₴9900 per week

₴5939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1011
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.
₴2773
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
₴463
-₴3589
-₴32
-₴324
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
chamber of commerce
-
-
-
80
unemployment
-
-
-
1 903
health
-
-
-
1 530
pensions
-
-
-
3 700
income
-
-
-
1 824
surtax
-
-
-
61
total
-
-
-
9 098
Employee
15 507
12 366
15 483
-
health
600
479
599
-
pensions
1 588
1 266
1 585
-
other
155
124
155
-
unemployment
465
371
465
-
income
1 765
912
1 758
-
total
4 573
3 152
4 562
-
Employer
15 507
12 366
15 483
-
pensions
1 946
1 552
1 943
-
accident
201
161
201
-
unemployment
465
371
465
-
surtax
61
61
61
-
payroll
465
371
465
-
chamber of commerce
62
49
62
-
health
586
468
585
-
other
737
587
735
-
total
4 523
3 620
4 517
-
Corporate
1 178
4 014
14 305
-
income

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

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

294
1 003
3 576
-
total
294
1 003
3 576
-
Dividends
-
3 011
-
-
withholding
-
828
-
-
total
-
828
-
-
Income
20 000
20 000
20 000
20 000
Total tax
9 390
8 603
12 655
9 098
After tax
10 610
11 397
7 345
10 902
Living cost
10 934
10 934
10 934
10 934
Free-cash
-324
463
-3 589
-32

Estimated living cost  is ₴10934 per week

₴7292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴933
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.
₴2529
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
-₴57
-₴2873
-₴892
-₴8659
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
-
-
-
2 524
communal

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

-
-
-
1 049
national
-
-
-
6 005
total
-
-
-
9 578
Employee

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

22 196
-
15 490
-
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.

1 043
-
728
-
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.

1 665
-
1 162
-
communal

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

1 158
-
808
-
national
6 824
-
4 216
-
unemployment

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

193
-
135
-
total
10 883
-
7 049
-
Employer

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

22 196
-
15 490
-
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.

289
-
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.

324
-
226
-
surtax
2 517
-
1 757
-
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.

1 365
-
953
-
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.

1 967
-
1 373
-
total
6 462
-
4 510
-
Corporate
-
20 000
-
-
surtax
-
80
-
-
income
-
4 000
-
-
total
-
4 080
-
-
Dividends
-
15 920
-
-
withholding

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

-
4 663
-
-
total
-
4 663
-
-
Income
20 000
20 000
20 000
20 000
Total tax
17 345
8 743
11 559
9 578
After tax
2 655
11 257
8 441
10 422
Living cost
11 314
11 314
11 314
11 314
Free-cash
-8 659
-57
-2 873
-892

Estimated living cost  is ₴11314 per week

₴7288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴989
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.
₴2860
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
₴11764
₴9183
₴8771
₴9872
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
-
-
-
43
health
-
-
-
1 246
pensions

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

-
-
-
1 604
income
-
-
-
3 000
total
-
-
-
5 893
Employee
7 066
-
17 874
-
accident

We are using the highest rate at 1.1%.

78
-
119
-
health
325
-
498
-
pensions

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

620
-
951
-
income
707
-
1 787
-
total
1 730
-
3 355
-
Employer
7 066
-
17 874
-
accident

We are using the highest rate at 1.1%.

78
-
119
-
unemployment
42
-
65
-
health
488
-
748
-
pensions

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

779
-
1 194
-
total
1 387
-
2 126
-
Corporate
11 548
20 000
-
-
income
1 155
2 000
-
-
total
1 155
2 000
-
-
Dividends
10 393
18 000
-
-
withholding
520
900
-
-
total
520
900
-
-
Income
20 000
20 000
20 000
20 000
Total tax
4 792
2 900
5 481
5 893
After tax
15 208
17 100
14 519
14 107
Living cost
5 336
5 336
5 336
5 336
Free-cash
9 872
11 764
9 183
8 771

Estimated living cost  is ₴5336 per week

₴3529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴127
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1374
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
₴13033
₴10452
₴10040
₴11592
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
-
-
-
43
health
-
-
-
1 246
pensions

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

-
-
-
1 604
income
-
-
-
3 000
total
-
-
-
5 893
Employee
5 385
-
17 874
-
accident

We are using the highest rate at 1.1%.

59
-
119
-
health
248
-
498
-
pensions

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

473
-
951
-
income
538
-
1 787
-
total
1 318
-
3 355
-
Employer
5 385
-
17 874
-
accident

We are using the highest rate at 1.1%.

59
-
119
-
unemployment
32
-
65
-
health
372
-
748
-
pensions

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

594
-
1 194
-
total
1 057
-
2 126
-
Corporate
13 558
20 000
-
-
income
1 356
2 000
-
-
total
1 356
2 000
-
-
Dividends
12 202
18 000
-
-
withholding
610
900
-
-
total
610
900
-
-
Income
20 000
20 000
20 000
20 000
Total tax
4 341
2 900
5 481
5 893
After tax
15 659
17 100
14 519
14 107
Living cost
4 067
4 067
4 067
4 067
Free-cash
11 592
13 033
10 452
10 040

Estimated living cost  is ₴4067 per week

₴2374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴108
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1294
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
₴5799
₴6777
₴8209
₴5831
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
-
-
-
3 120
health
-
-
-
510
income
-
-
-
977
total
-
-
-
4 607
Employee
23 860
23 860
23 860
-
health
185
406
309
-
social contributions
902
1 980
1 507
-
income
2 598
2 209
2 380
-
total
3 685
4 595
4 196
-
Employer
23 860
23 860
23 860
-
social contributions
902
1 980
1 507
-
health
201
442
336
-
total
1 103
2 422
1 843
-
Corporate
8 028
-
-
-
income
1 003
-
-
-
total
1 003
-
-
-
Dividends
7 024
-
-
-
withholding
1 194
-
-
-
total
1 194
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
6 985
7 017
6 039
4 607
After tax
13 015
12 983
13 961
15 393
Living cost
7 184
7 184
7 184
7 184
Free-cash
5 831
5 799
6 777
8 209

Estimated living cost  is ₴7184 per week

₴4306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2015
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
₴2919
₴3897
₴5329
₴3352
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
-
-
-
3 120
health
-
-
-
510
income
-
-
-
977
total
-
-
-
4 607
Employee
23 860
23 860
23 860
-
health
237
406
309
-
social contributions
1 159
1 980
1 507
-
income
2 506
2 209
2 380
-
total
3 902
4 595
4 196
-
Employer
23 860
23 860
23 860
-
social contributions
1 159
1 980
1 507
-
health
259
442
336
-
total
1 418
2 422
1 843
-
Corporate
4 615
-
-
-
income
577
-
-
-
total
577
-
-
-
Dividends
4 038
-
-
-
withholding
687
-
-
-
total
687
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
6 584
7 017
6 039
4 607
After tax
13 416
12 983
13 961
15 393
Living cost
10 064
10 064
10 064
10 064
Free-cash
3 352
2 919
3 897
5 329

Estimated living cost  is ₴10064 per week

₴6880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴786
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.
₴2229
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
₴6478
₴2858
₴2449
₴3876
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
-
-
-
5 840
health
-
-
-
2 700
solidarity contribution
-
-
-
-
income
-
-
-
1 719
total
-
-
-
10 259
Employee
10 724
-
14 925
-
health
1 448
-
2 015
-
social contributions
697
-
970
-
solidarity contribution
-
-
-
-
income
1 287
-
1 791
-
total
3 432
-
4 776
-
Employer
10 724
-
14 925
-
social contributions
2 681
-
3 731
-
health
965
-
1 343
-
total
3 646
-
5 074
-
Corporate
5 630
20 000
-
-
income
1 070
3 800
-
-
total
1 070
3 800
-
-
Dividends
4 560
16 200
-
-
withholding
684
2 430
-
-
total
684
2 430
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 832
6 230
9 850
10 259
After tax
11 168
13 770
10 150
9 741
Living cost
7 292
7 292
7 292
7 292
Free-cash
3 876
6 478
2 858
2 449

Estimated living cost  is ₴7292 per week

₴5065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1565
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
₴4784
₴1164
₴755
₴1577
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
-
-
-
5 840
health
-
-
-
2 700
solidarity contribution
-
-
-
-
income
-
-
-
1 719
total
-
-
-
10 259
Employee
13 214
-
14 925
-
health
1 784
-
2 015
-
social contributions
859
-
970
-
solidarity contribution
-
-
-
-
income
1 586
-
1 791
-
total
4 229
-
4 776
-
Employer
13 214
-
14 925
-
social contributions
3 304
-
3 731
-
health
1 189
-
1 343
-
total
4 493
-
5 074
-
Corporate
2 293
20 000
-
-
income
436
3 800
-
-
total
436
3 800
-
-
Dividends
1 857
16 200
-
-
withholding
279
2 430
-
-
total
279
2 430
-
-
Income
20 000
20 000
20 000
20 000
Total tax
9 437
6 230
9 850
10 259
After tax
10 563
13 770
10 150
9 741
Living cost
8 986
8 986
8 986
8 986
Free-cash
1 577
4 784
1 164
755

Estimated living cost  is ₴8986 per week

₴6682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1650
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
-₴47803
-₴47803
-₴2142
-₴47803
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
labour market
-
-
-
1 578
municipal
-
-
-
3 355
pensions
-
-
-
270
national
-
-
-
1 952
total
-
-
-
7 155
Employee
63 258
63 258
63 258
-
municipal
13 470
13 470
13 470
-
pensions
90
90
90
-
national
7 728
7 728
7 728
-
labour market
5 053
5 053
5 053
-
total
26 341
26 341
26 341
-
Employer
63 258
63 258
63 258
-
labour market
5 061
5 061
5 061
-
national
7 742
7 742
7 742
-
municipal
13 492
13 492
13 492
-
pensions
180
180
180
-
total
26 475
26 475
26 475
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
52 816
52 816
52 816
7 155
After tax
-32 816
-32 816
-32 816
12 845
Living cost
14 987
14 987
14 987
14 987
Free-cash
-47 803
-47 803
-47 803
-2 142

Estimated living cost  is ₴14987 per week

₴10258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1326
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.
₴3174
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
₴8505
₴4080
₴3385
₴6576
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
-
-
-
2 520
total
-
-
-
9 120
Employee
8 803
-
14 948
-
pensions
176
-
299
-
unemployment
141
-
239
-
income
991
-
2 834
-
total
1 308
-
3 372
-
Employer
8 803
-
14 948
-
pensions
1 761
-
2 990
-
unemployment
71
-
120
-
health
1 144
-
1 943
-
total
2 976
-
5 053
-
Corporate
8 222
20 000
-
-
income
1 645
4 000
-
-
total
1 645
4 000
-
-
Dividends
6 577
16 000
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 929
4 000
8 425
9 120
After tax
14 071
16 000
11 575
10 880
Living cost
7 495
7 495
7 495
7 495
Free-cash
6 576
8 505
4 080
3 385

Estimated living cost  is ₴7495 per week

₴5141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1757
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
₴1829
₴340
₴3292
₴412
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
health
-
-
-
178
municipal
-
-
-
3 568
national
-
-
-
1 049
total
-
-
-
4 795
Employee
16 325
-
16 825
-
health
122
-
130
-
municipal
2 674
-
2 755
-
pensions
1 102
-
1 136
-
national
270
-
297
-
unemployment
245
-
253
-
total
4 413
-
4 571
-
Employer
16 325
-
16 825
-
accident
16
-
17
-
unemployment
106
-
110
-
health
125
-
130
-
pensions
2 832
-
2 919
-
total
3 079
-
3 176
-
Corporate
594
20 000
-
-
income
119
4 000
-
-
total
119
4 000
-
-
Dividends

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

357
12 000
-
-
municipal
64
2 160
-
-
national
-
98
-
-
total
64
2 258
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 675
6 258
7 747
4 795
After tax
12 325
13 742
12 253
15 205
Living cost
11 913
11 913
11 913
11 913
Free-cash
412
1 829
340
3 292

Estimated living cost  is ₴11913 per week

₴7782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2796
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
₴516
₴2498
₴2371
₴2241
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
-
-
-
570
health
-
-
-
173
pensions
-
-
-
5 698
other
-
-
-
620
income
-
-
-
1 004
surtax
-
-
-
-
total
-
-
-
8 065
Employee
11 854
-
15 240
-
income
611
-
1 020
-
social contributions
338
-
434
-
pensions
1 341
-
1 724
-
surtax
-
-
-
-
total
2 290
-
3 178
-
Employer
11 854
-
15 240
-
pensions
1 948
-
2 504
-
social contributions
35
-
46
-
unemployment
480
-
617
-
health
830
-
1 067
-
other
409
-
526
-
total
3 702
-
4 760
-
Corporate
4 443
20 000
-
-
surtax
-
-
-
-
income
1 244
5 600
-
-
total
1 244
5 600
-
-
Dividends
3 199
14 400
-
-
surtax
-
-
-
-
withholding
409
1 843
-
-
social contributions
550
2 477
-
-
total
959
4 320
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 195
9 920
7 938
8 065
After tax
11 805
10 080
12 062
11 935
Living cost
9 564
9 564
9 564
9 564
Free-cash
2 241
516
2 498
2 371

Estimated living cost  is ₴9564 per week

₴5547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
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.
₴2865
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
-₴536
₴1446
₴1319
₴1295
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
-
-
-
570
health
-
-
-
173
pensions
-
-
-
5 698
other
-
-
-
620
income
-
-
-
1 004
surtax
-
-
-
-
total
-
-
-
8 065
Employee
13 280
-
15 240
-
income
784
-
1 020
-
social contributions
379
-
434
-
pensions
1 502
-
1 724
-
surtax
-
-
-
-
total
2 665
-
3 178
-
Employer
13 280
-
15 240
-
pensions
2 182
-
2 504
-
social contributions
40
-
46
-
unemployment
538
-
617
-
health
930
-
1 067
-
other
458
-
526
-
total
4 148
-
4 760
-
Corporate
2 573
20 000
-
-
surtax
-
-
-
-
income
720
5 600
-
-
total
720
5 600
-
-
Dividends
1 852
14 400
-
-
surtax
-
-
-
-
withholding
237
1 843
-
-
social contributions
319
2 477
-
-
total
556
4 320
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 089
9 920
7 938
8 065
After tax
11 911
10 080
12 062
11 935
Living cost
10 616
10 616
10 616
10 616
Free-cash
1 295
-536
1 446
1 319

Estimated living cost  is ₴10616 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Paris , France
-₴4907
-₴2925
-₴3052
-₴5504
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
-
-
-
570
health
-
-
-
173
pensions
-
-
-
5 698
other
-
-
-
620
income
-
-
-
1 004
surtax
-
-
-
-
total
-
-
-
8 065
Employee
19 434
-
15 240
-
income
1 696
-
1 020
-
social contributions
554
-
434
-
pensions
2 198
-
1 724
-
surtax
-
-
-
-
total
4 448
-
3 178
-
Employer
19 434
-
15 240
-
pensions
3 193
-
2 504
-
social contributions
58
-
46
-
unemployment
787
-
617
-
health
1 360
-
1 067
-
other
671
-
526
-
total
6 069
-
4 760
-
Corporate
-
20 000
-
-
surtax
-
-
-
-
income
-
5 600
-
-
total
-
5 600
-
-
Dividends
-
14 400
-
-
surtax
-
-
-
-
withholding
-
1 843
-
-
social contributions
-
2 477
-
-
total
-
4 320
-
-
Income
20 000
20 000
20 000
20 000
Total tax
10 517
9 920
7 938
8 065
After tax
9 483
10 080
12 062
11 935
Living cost
14 987
14 987
14 987
14 987
Free-cash
-5 504
-4 907
-2 925
-3 052

Estimated living cost  is ₴14987 per week

₴10143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
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.
₴3412
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
₴16808
₴13808
₴17608
₴16397
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
2 740
-
20 000
-
income
548
-
4 000
-
total
548
-
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%.

17 260
20 000
-
-
total
-
-
-
-
Dividends
17 260
20 000
-
-
withholding
863
1 000
-
-
total
863
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
1 411
1 000
4 000
200
After tax
18 589
19 000
16 000
19 800
Living cost
2 192
2 192
2 192
2 192
Free-cash
16 397
16 808
13 808
17 608

Estimated living cost  is ₴2192 per week

₴1358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴60
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴591
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
₴15585
₴12585
₴16385
₴14944
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
4 269
-
20 000
-
income
854
-
4 000
-
total
854
-
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%.

15 731
20 000
-
-
total
-
-
-
-
Dividends
15 731
20 000
-
-
withholding
787
1 000
-
-
total
787
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
1 641
1 000
4 000
200
After tax
18 359
19 000
16 000
19 800
Living cost
3 415
3 415
3 415
3 415
Free-cash
14 944
15 585
12 585
16 385

Estimated living cost  is ₴3415 per week

₴2311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴115
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.
₴846
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
-₴1630
₴3153
₴2353
₴2428
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
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.

-
-
-
2 120
trade
-
-
-
800
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.

-
-
-
2 604
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.

-
-
-
143
total
-
-
-
5 667
Employee

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

15 439
-
20 000
-
health

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

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

2 120
-
2 120
-
surtax

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

70
-
143
-
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.

1 270
-
2 604
-
total
3 460
-
4 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 561
20 000
-
-
trade
654
2 870
-
-
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.

38
165
-
-
chamber of commerce
54
77
-
-
income
684
3 000
-
-
total
1 430
6 112
-
-
Dividends
3 131
13 888
-
-
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
184
-
-
withholding
665
3 354
-
-
total
702
3 538
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 592
9 650
4 867
5 667
After tax
14 408
10 350
15 133
14 333
Living cost
11 980
11 980
11 980
11 980
Free-cash
2 428
-1 630
3 153
2 353

Estimated living cost  is ₴11980 per week

₴8264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2253
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
₴744
₴5734
₴4856
₴4177
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
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.

-
-
-
2 120
trade
-
-
-
878
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.

-
-
-
2 604
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.

-
-
-
143
total
-
-
-
5 745
Employee

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

11 868
-
20 000
-
health

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

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

2 120
-
2 120
-
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
-
143
-
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.

332
-
2 604
-
total
2 470
-
4 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 132
20 000
-
-
trade
1 281
3 150
-
-
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.

67
165
-
-
chamber of commerce
59
76
-
-
income
1 220
3 000
-
-
total
2 627
6 391
-
-
Dividends
5 505
13 609
-
-
surtax

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

69
181
-
-
withholding
1 258
3 285
-
-
total
1 327
3 466
-
-
Income
20 000
20 000
20 000
20 000
Total tax
6 424
9 857
4 867
5 745
After tax
13 576
10 143
15 133
14 255
Living cost
9 399
9 399
9 399
9 399
Free-cash
4 177
744
5 734
4 856

Estimated living cost  is ₴9399 per week

₴5912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2215
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
-₴2147
₴2943
₴2026
₴2213
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
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.

-
-
-
2 120
trade
-
-
-
917
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.

-
-
-
2 604
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.

-
-
-
143
total
-
-
-
5 784
Employee

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

15 736
-
20 000
-
health

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

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

2 120
-
2 120
-
surtax

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

74
-
143
-
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.

1 352
-
2 604
-
total
3 546
-
4 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 264
20 000
-
-
trade
701
3 290
-
-
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.

35
165
-
-
chamber of commerce
53
75
-
-
income
639
3 000
-
-
total
1 428
6 530
-
-
Dividends
2 835
13 470
-
-
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.

32
178
-
-
withholding
591
3 249
-
-
total
623
3 427
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 597
9 957
4 867
5 784
After tax
14 403
10 043
15 133
14 216
Living cost
12 190
12 190
12 190
12 190
Free-cash
2 213
-2 147
2 943
2 026

Estimated living cost  is ₴12190 per week

₴8153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2570
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
-₴4277
₴918
-₴38
₴754
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
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.

-
-
-
2 120
trade
-
-
-
956
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.

-
-
-
2 604
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.

-
-
-
143
total
-
-
-
5 823
Employee

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

18 648
-
20 000
-
health

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

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

2 120
-
2 120
-
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
-
143
-
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.

2 193
-
2 604
-
total
4 434
-
4 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 352
20 000
-
-
trade
232
3 430
-
-
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.

11
165
-
-
chamber of commerce
49
75
-
-
income
203
3 000
-
-
total
495
6 670
-
-
Dividends
857
13 330
-
-
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.

5
177
-
-
withholding
97
3 215
-
-
total
102
3 392
-
-
Income
20 000
20 000
20 000
20 000
Total tax
5 031
10 062
4 867
5 823
After tax
14 969
9 938
15 133
14 177
Living cost
14 215
14 215
14 215
14 215
Free-cash
754
-4 277
918
-38

Estimated living cost  is ₴14215 per week

₴10382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2511
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
₴5610
₴3717
₴4151
₴4623
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
-
-
-
71
health
-
-
-
1 420
pensions
-
-
-
4 000
other
-
-
-
-
income
-
-
-
3 148
surtax
-
-
-
240
total
-
-
-
8 879
Employee
10 450
-
16 522
-
health
267
-
421
-
pensions
697
-
1 102
-
surtax
37
-
207
-
other
-
-
-
-
unemployment
727
-
1 150
-
income
1 752
-
2 956
-
total
3 480
-
5 836
-
Employer
10 450
-
16 522
-
pensions
1 393
-
2 202
-
unemployment
332
-
523
-
health
475
-
752
-
other
-
-
-
-
total
2 200
-
3 477
-
Corporate
7 350
20 000
-
-
income
1 911
5 200
-
-
total
1 911
5 200
-
-
Dividends
5 440
14 800
-
-
withholding
816
2 220
-
-
total
816
2 220
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 407
7 420
9 313
8 879
After tax
11 593
12 580
10 687
11 121
Living cost
6 970
6 970
6 970
6 970
Free-cash
4 623
5 610
3 717
4 151

Estimated living cost  is ₴6970 per week

₴4208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴162
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1994
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
₴5733
₴3840
₴4274
₴4768
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
-
-
-
71
health
-
-
-
1 420
pensions
-
-
-
4 000
other
-
-
-
-
income
-
-
-
3 148
surtax
-
-
-
240
total
-
-
-
8 879
Employee
10 261
-
16 522
-
health
262
-
421
-
pensions
684
-
1 102
-
surtax
34
-
207
-
other
-
-
-
-
unemployment
714
-
1 150
-
income
1 720
-
2 956
-
total
3 414
-
5 836
-
Employer
10 261
-
16 522
-
pensions
1 368
-
2 202
-
unemployment
325
-
523
-
health
467
-
752
-
other
-
-
-
-
total
2 160
-
3 477
-
Corporate
7 579
20 000
-
-
income
1 970
5 200
-
-
total
1 970
5 200
-
-
Dividends
5 609
14 800
-
-
withholding
841
2 220
-
-
total
841
2 220
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 385
7 420
9 313
8 879
After tax
11 615
12 580
10 687
11 121
Living cost
6 847
6 847
6 847
6 847
Free-cash
4 768
5 733
3 840
4 274

Estimated living cost  is ₴6847 per week

₴4187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴632
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.
₴1871
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
₴5206
₴5482
₴7744
₴5336
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.

8 821
3 511
16 736
-
health
617
246
1 172
-
pensions
882
351
1 674
-
unemployment
132
53
251
-
income
1 078
429
2 046
-
total
2 709
1 079
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.

8 821
3 511
16 736
-
pensions
1 720
685
3 264
-
total
1 720
685
3 264
-
Corporate
9 458
15 805
-
-
income
851
1 422
-
-
total
851
1 422
-
-
Dividends
8 607
14 382
-
-
withholding
1 635
2 733
-
-
social contributions
1 638
2 764
-
-
total
3 273
5 497
-
-
Income
20 000
20 000
20 000
20 000
Total tax
8 553
8 683
8 407
6 145
After tax
11 447
11 317
11 593
13 855
Living cost
6 111
6 111
6 111
6 111
Free-cash
5 336
5 206
5 482
7 744

Estimated living cost  is ₴6111 per week

₴4170
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.
₴122
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1319
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
-₴3208
-₴3109
-₴3266
-₴6527
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
-
-
-
215
municipal
-
-
-
1 947
pensions
-
-
-
2 400
national
-
-
-
3 016
total
-
-
-
7 578
Employee
24 320
-
17 290
-
municipal
3 004
-
2 024
-
pensions
973
-
692
-
national
4 655
-
3 136
-
total
8 632
-
5 852
-
Employer
24 320
-
17 290
-
social contributions
261
-
186
-
pensions
1 946
-
1 383
-
total
2 207
-
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
10 839
7 520
7 421
7 578
After tax
9 161
12 480
12 579
12 422
Living cost
15 688
15 688
15 688
15 688
Free-cash
-6 527
-3 208
-3 109
-3 266

Estimated living cost  is ₴15688 per week

₴10663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴3332
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
-₴3676
-₴2250
-₴2250
-₴4273
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
-
-
-
1 546
income
-
-
-
3 028
total
-
-
-
4 574
Employee
24 272
-
20 000
-
social contributions
2 017
-
1 546
-
income
4 580
-
3 028
-
total
6 597
-
4 574
-
Employer
24 272
-
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
6 597
6 000
4 574
4 574
After tax
13 403
14 000
15 426
15 426
Living cost
17 676
17 676
17 676
17 676
Free-cash
-4 273
-3 676
-2 250
-2 250

Estimated living cost  is ₴17676 per week

₴13447
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.
₴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.
₴2619
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
-₴2422
-₴3348
-₴2218
-₴7576
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
regional
-
-
-
204
social contributions
-
-
-
5 144
municipal
-
-
-
119
national
-
-
-
3 658
total
-
-
-
9 125
Employee
27 577
-
20 000
-
regional
260
-
179
-
municipal
146
-
106
-
social contributions
9 299
-
6 744
-
national
4 778
-
3 226
-
total
14 483
-
10 255
-
Employer
27 577
-
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
14 483
9 329
10 255
9 125
After tax
5 517
10 671
9 745
10 875
Living cost
13 093
13 093
13 093
13 093
Free-cash
-7 576
-2 422
-3 348
-2 218

Estimated living cost  is ₴13093 per week

₴9127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴859
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.
₴2907
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
₴2154
₴1296
₴2418
₴1465
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
regional
-
-
-
302
social contributions
-
-
-
5 144
municipal
-
-
-
119
national
-
-
-
3 658
total
-
-
-
9 223
Employee
17 213
-
20 000
-
regional
232
-
269
-
municipal
91
-
106
-
social contributions
5 804
-
6 744
-
national
2 727
-
3 226
-
total
8 854
-
10 345
-
Employer
17 213
-
20 000
-
total
-
-
-
-
Corporate
2 787
20 000
-
-
nationa
669
4 800
-
-
municipal
138
994
-
-
total
807
5 794
-
-
Dividends
1 980
14 206
-
-