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
₴ 20500
per

Your estimated
City
free-cash

Valencia , Spain
₴3902
₴2903
₴2759
₴5493
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
-
-
-
20 500
unemployment
-
-
-
143
income
-
-
-
3 249
other
-
-
-
21
accident
-
-
-
185
pensions
-
-
-
5 801
total
-
-
-
9 399
Employee
11 216
-
15 544
-
unemployment
174
-
241
-
pensions
527
-
731
-
income
2 162
-
3 311
-
other
11
-
16
-
total
2 874
-
4 299
-
Employer
11 216
-
15 544
-
pensions
2 647
-
3 669
-
accident
222
-
308
-
unemployment
617
-
855
-
other
90
-
124
-
total
3 576
-
4 956
-
Corporate
5 708
20 500
-
-
income

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

856
3 075
-
-
total
856
3 075
-
-
Dividends
4 852
17 425
-
-
withholding
950
3 590
-
-
total
950
3 590
-
-
Income
20 500
20 500
20 500
20 500
Total tax
8 256
6 665
9 255
9 399
After tax
12 244
13 835
11 245
11 101
Living cost
8 342
8 342
8 342
8 342
Free-cash
3 902
5 493
2 903
2 759

Estimated living cost  is ₴8342 per week

₴5630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴4930
₴3935
₴3017
₴6979
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
-
-
-
20 500
pensions

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

-
-
-
4 920
income
-
-
-
2 604
other
-
-
-
974
health
-
-
-
902
total
-
-
-
9 400
Employee
11 014
-
16 374
-
health
154
-
229
-
unemployment
110
-
163
-
pensions

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

771
-
1 146
-
income
1 896
-
2 819
-
total
2 931
-
4 357
-
Employer
11 014
-
16 374
-
health
154
-
229
-
pensions

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

1 873
-
2 783
-
accident
88
-
131
-
unemployment
110
-
163
-
other
551
-
819
-
total
2 776
-
4 125
-
Corporate
6 710
20 500
-
-
income
1 409
4 305
-
-
total
1 409
4 305
-
-
Dividends
5 301
16 195
-
-
withholding
371
1 133
-
-
total
371
1 133
-
-
Income
20 500
20 500
20 500
20 500
Total tax
7 487
5 438
8 482
9 400
After tax
13 013
15 062
12 018
11 100
Living cost
8 083
8 083
8 083
8 083
Free-cash
4 930
6 979
3 935
3 017

Estimated living cost  is ₴8083 per week

₴5711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1696
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
₴12132
₴11054
₴10607
₴13543
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
-
-
-
20 500
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
3 075
health
-
-
-
1 221
total
-
-
-
5 909
Employee
5 275
-
18 418
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
1 842
-
total
1 291
-
3 379
-
Employer
5 275
-
18 418
-
health
364
-
732
-
pensions

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

581
-
1 170
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 083
-
Corporate
14 190
20 500
-
-
income
1 419
2 050
-
-
total
1 419
2 050
-
-
Dividends
12 771
18 450
-
-
withholding
639
923
-
-
total
639
923
-
-
Income
20 500
20 500
20 500
20 500
Total tax
4 384
2 973
5 462
5 909
After tax
16 116
17 527
15 038
14 591
Living cost
3 984
3 984
3 984
3 984
Free-cash
12 132
13 543
11 054
10 607

Estimated living cost  is ₴3984 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
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
₴1746
₴1945
₴1838
-₴46
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
-
-
-
20 500
income
-
-
-
1 071
other
-
-
-
636
health
-
-
-
177
social contributions
-
-
-
584
pensions
-
-
-
5 816
surtax
-
-
-
-
total
-
-
-
8 284
Employee
12 983
-
15 621
-
pensions
1 468
-
1 767
-
income
766
-
1 085
-
social contributions
370
-
445
-
surtax
-
-
-
-
total
2 604
-
3 297
-
Employer
12 983
-
15 621
-
health
909
-
1 094
-
social contributions
39
-
47
-
pensions
2 133
-
2 567
-
unemployment
526
-
633
-
other
448
-
539
-
total
4 055
-
4 880
-
Corporate
3 463
20 500
-
-
income
969
5 740
-
-
surtax
-
-
-
-
total
969
5 740
-
-
Dividends
2 494
14 760
-
-
social contributions
429
2 539
-
-
surtax
-
-
-
-
withholding
319
1 889
-
-
total
748
4 428
-
-
Income
20 500
20 500
20 500
20 500
Total tax
8 376
10 168
8 177
8 284
After tax
12 124
10 332
12 323
12 216
Living cost
10 378
10 378
10 378
10 378
Free-cash
1 746
-46
1 945
1 838

Estimated living cost  is ₴10378 per week

₴6544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Rotterdam , Netherlands
-₴9624
-₴9624
-₴1017
-₴7921
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
-
-
-
20 500
pensions
-
-
-
3 554
income
-
-
-
2 181
health
-
-
-
3 074
total
-
-
-
8 809
Employee
25 904
25 904
25 904
-
health
3 976
3 382
3 976
-
pensions
4 663
3 554
4 663
-
income

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

4 240
4 240
4 240
-
total
12 879
11 176
12 879
-
Employer
25 904
25 904
25 904
-
health
1 801
1 801
1 801
-
pensions
1 803
1 803
1 803
-
unemployment
933
933
933
-
total
4 537
4 537
4 537
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
17 416
15 713
17 416
8 809
After tax
3 084
4 787
3 084
11 691
Living cost
12 708
12 708
12 708
12 708
Free-cash
-9 624
-7 921
-9 624
-1 017

Estimated living cost  is ₴12708 per week

₴9006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴4560
₴6240
₴5233
₴1206
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.

-
-
-
20 500
trade
-
-
-
1 007
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.

-
-
-
2 843
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.

-
-
-
2 072
surtax

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

-
-
-
157
total
-
-
-
6 079
Employee

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

11 602
-
20 500
-
health

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

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

2 072
-
2 072
-
income

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

324
-
2 843
-
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
-
157
-
total
2 414
-
5 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 898
20 500
-
-
income
1 335
3 075
-
-
trade
1 401
3 229
-
-
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
169
-
-
chamber of commerce
59
75
-
-
total
2 869
6 548
-
-
Dividends
6 029
13 951
-
-
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.

77
185
-
-
withholding
1 392
3 373
-
-
total
1 469
3 558
-
-
Income
20 500
20 500
20 500
20 500
Total tax
6 752
10 106
5 072
6 079
After tax
13 748
10 394
15 428
14 421
Living cost
9 188
9 188
9 188
9 188
Free-cash
4 560
1 206
6 240
5 233

Estimated living cost  is ₴9188 per week

₴5780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴6389
₴7428
₴8612
₴6617
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
-
-
-
20 500
income
-
-
-
1 144
health
-
-
-
523
social contributions
-
-
-
3 198
total
-
-
-
4 865
Employee
23 326
23 326
23 326
-
health
181
397
317
-
income
2 540
2 159
2 300
-
social contributions
882
1 936
1 544
-
total
3 603
4 492
4 161
-
Employer
23 326
23 326
23 326
-
health
196
432
344
-
social contributions
882
1 936
1 544
-
total
1 078
2 368
1 888
-
Corporate
8 796
-
-
-
income
1 099
-
-
-
total
1 099
-
-
-
Dividends
7 697
-
-
-
withholding
1 308
-
-
-
total
1 308
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
7 088
6 860
6 049
4 865
After tax
13 412
13 640
14 451
15 635
Living cost
7 023
7 023
7 023
7 023
Free-cash
6 389
6 617
7 428
8 612

Estimated living cost  is ₴7023 per week

₴4209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴1840
₴1506
₴2195
₴2146
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

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

-
-
-
20 500
income
-
-
-
1 666
social contributions

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

-
-
-
7 124
surtax
-
-
-
-
total
-
-
-
8 790
Employee
13 951
-
16 565
-
income
2 902
-
3 723
-
social contributions
1 535
-
1 822
-
surtax
-
-
-
-
total
4 437
-
5 545
-
Employer
13 951
-
16 565
-
social contributions
3 313
-
3 934
-
total
3 313
-
3 934
-
Corporate
3 235
20 500
-
-
income
679
4 305
-
-
surtax
-
-
-
-
total
679
4 305
-
-
Dividends
2 556
16 195
-
-
withholding
716
4 534
-
-
total
716
4 534
-
-
Income
20 500
20 500
20 500
20 500
Total tax
9 145
8 839
9 479
8 790
After tax
11 355
11 661
11 021
11 710
Living cost
9 515
9 515
9 515
9 515
Free-cash
1 840
2 146
1 506
2 195

Estimated living cost  is ₴9515 per week

₴7119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴16744
₴14100
₴17995
₴17175
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%.

-
-
-
20 500
microenterprise

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

-
-
-
205
total
-
-
-
205
Employee
2 875
-
20 500
-
income
575
-
4 100
-
total
575
-
4 100
-
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%.

17 625
20 500
-
-
total
-
-
-
-
Dividends
17 625
20 500
-
-
withholding
881
1 025
-
-
total
881
1 025
-
-
Income
20 500
20 500
20 500
20 500
Total tax
1 456
1 025
4 100
205
After tax
19 044
19 475
16 400
20 295
Living cost
2 300
2 300
2 300
2 300
Free-cash
16 744
17 175
14 100
17 995

Estimated living cost  is ₴2300 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴3442
₴2314
₴2901
₴5978
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

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

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

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

-
-
-
20 500
pensions
-
-
-
3 744
unemployment
-
-
-
31
income
-
-
-
3 671
health
-
-
-
2 017
total
-
-
-
9 463
Employee

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

13 414
-
17 739
-
health
866
-
1 146
-
unemployment
19
-
25
-
pensions
2 079
-
2 749
-
income
2 313
-
3 369
-
total
5 277
-
7 289
-
Employer

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

13 414
-
17 739
-
health
893
-
1 181
-
pensions
1 187
-
1 570
-
unemployment
8
-
10
-
total
2 088
-
2 761
-
Corporate
4 998
20 500
-
-
income
950
3 895
-
-
total
950
3 895
-
-
Dividends
4 048
16 605
-
-
withholding
607
2 491
-
-
total
607
2 491
-
-
Income
20 500
20 500
20 500
20 500
Total tax
8 922
6 386
10 050
9 463
After tax
11 578
14 114
10 450
11 037
Living cost
8 136
8 136
8 136
8 136
Free-cash
3 442
5 978
2 314
2 901

Estimated living cost  is ₴8136 per week

₴5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴2468
₴3892
-₴1054
₴711
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
20 500
income
-
-
-
8 635
health

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

-
-
-
1 908
total
-
-
-
10 543
Employee
13 916
-
19 105
-
social contributions
1 394
-
1 395
-
income
1 510
-
2 807
-
total
2 904
-
4 202
-
Employer
13 916
-
19 105
-
social contributions
1 394
-
1 395
-
total
1 394
-
1 395
-
Corporate
5 190
20 500
-
-
income
1 817
7 175
-
-
total
1 817
7 175
-
-
Dividends
3 373
13 325
-
-
social contributions
906
1 603
-
-
total
906
1 603
-
-
Income
20 500
20 500
20 500
20 500
Total tax
7 021
8 778
5 597
10 543
After tax
13 479
11 722
14 903
9 957
Living cost
11 011
11 011
11 011
11 011
Free-cash
2 468
711
3 892
-1 054

Estimated living cost  is ₴11011 per week

₴7253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴6231
₴5743
₴6733
₴6075
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
-
-
-
20 500
income
-
-
-
3 075
health
-
-
-
1 431
social contributions
-
-
-
2 829
total
-
-
-
7 335
Employee
10 285
-
20 500
-
health
718
-
1 431
-
income
1 715
-
4 065
-
social contributions
1 420
-
2 829
-
total
3 853
-
8 325
-
Employer
10 285
-
20 500
-
total
-
-
-
-
Corporate
10 215
20 500
-
-
income

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

511
1 025
-
-
total
511
1 025
-
-
Dividends
9 704
19 475
-
-
social contributions
1 339
2 688
-
-
withholding
1 456
2 921
-
-
health
678
1 359
-
-
total
3 473
6 968
-
-
Income
20 500
20 500
20 500
20 500
Total tax
7 837
7 993
8 325
7 335
After tax
12 663
12 507
12 175
13 165
Living cost
6 432
6 432
6 432
6 432
Free-cash
6 231
6 075
5 743
6 733

Estimated living cost  is ₴6432 per week

₴4305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1582
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
₴2586
₴1905
₴1487
₴5616
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
-
-
-
20 500
income
-
-
-
1 762
health
-
-
-
2 767
social contributions
-
-
-
5 986
solidarity contribution
-
-
-
-
total
-
-
-
10 515
Employee
12 496
-
15 298
-
health
1 687
-
2 065
-
solidarity contribution
-
-
-
-
income
1 500
-
1 836
-
social contributions
812
-
994
-
total
3 999
-
4 895
-
Employer
12 496
-
15 298
-
health
1 125
-
1 377
-
social contributions
3 124
-
3 825
-
total
4 249
-
5 202
-
Corporate
3 755
20 500
-
-
income
713
3 895
-
-
total
713
3 895
-
-
Dividends
3 041
16 605
-
-
withholding
456
2 491
-
-
total
456
2 491
-
-
Income
20 500
20 500
20 500
20 500
Total tax
9 417
6 386
10 097
10 515
After tax
11 083
14 114
10 403
9 985
Living cost
8 498
8 498
8 498
8 498
Free-cash
2 586
5 616
1 905
1 487

Estimated living cost  is ₴8498 per week

₴6319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴15218
₴12815
₴16710
₴15890
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%.

-
-
-
20 500
microenterprise

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

-
-
-
205
total
-
-
-
205
Employee
4 481
-
20 500
-
income
896
-
4 100
-
total
896
-
4 100
-
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%.

16 019
20 500
-
-
total
-
-
-
-
Dividends
16 019
20 500
-
-
withholding
801
1 025
-
-
total
801
1 025
-
-
Income
20 500
20 500
20 500
20 500
Total tax
1 697
1 025
4 100
205
After tax
18 803
19 475
16 400
20 295
Living cost
3 585
3 585
3 585
3 585
Free-cash
15 218
15 890
12 815
16 710

Estimated living cost  is ₴3585 per week

₴2426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
-₴4434
-₴2328
-₴2435
-₴4319
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
-
-
-
20 500
income
-
-
-
1 071
other
-
-
-
636
health
-
-
-
177
social contributions
-
-
-
584
pensions
-
-
-
5 816
surtax
-
-
-
-
total
-
-
-
8 284
Employee
18 999
-
15 621
-
pensions
2 149
-
1 767
-
income
1 658
-
1 085
-
social contributions
541
-
445
-
surtax
-
-
-
-
total
4 348
-
3 297
-
Employer
18 999
-
15 621
-
health
1 330
-
1 094
-
social contributions
57
-
47
-
pensions
3 122
-
2 567
-
unemployment
770
-
633
-
other
656
-
539
-
total
5 935
-
4 880
-
Corporate
-
20 500
-
-
income
-
5 740
-
-
surtax
-
-
-
-
total
-
5 740
-
-
Dividends
-
14 760
-
-
social contributions
-
2 539
-
-
surtax
-
-
-
-
withholding
-
1 889
-
-
total
-
4 428
-
-
Income
20 500
20 500
20 500
20 500
Total tax
10 283
10 168
8 177
8 284
After tax
10 217
10 332
12 323
12 216
Living cost
14 651
14 651
14 651
14 651
Free-cash
-4 434
-4 319
-2 328
-2 435

Estimated living cost  is ₴14651 per week

₴9916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴8096
₴5658
₴4827
₴9582
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

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

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

-
-
-
20 500
pensions
-
-
-
5 330
unemployment
-
-
-
307
income
-
-
-
2 696
health
-
-
-
2 111
total
-
-
-
10 444
Employee

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

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

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

7 885
-
17 388
-
health
406
-
895
-
unemployment
59
-
130
-
pensions
1 104
-
2 434
-
income
1 087
-
3 042
-
total
2 656
-
6 501
-
Employer

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

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

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

7 885
-
17 388
-
health
406
-
895
-
pensions
946
-
2 087
-
unemployment
59
-
130
-
total
1 411
-
3 112
-
Corporate
11 203
20 500
-
-
income
1 680
3 075
-
-
total
1 680
3 075
-
-
Dividends
9 523
17 425
-
-
withholding
1 428
2 614
-
-
total
1 428
2 614
-
-
Income
20 500
20 500
20 500
20 500
Total tax
7 175
5 689
9 613
10 444
After tax
13 325
14 811
10 887
10 056
Living cost
5 229
5 229
5 229
5 229
Free-cash
8 096
9 582
5 658
4 827

Estimated living cost  is ₴5229 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-₴5962
-₴4426
-₴3377
-₴11271
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
-
-
-
20 500
pensions
-
-
-
1 886
city
-
-
-
216
other

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

-
-
-
410
health
-
-
-
67
regional
-
-
-
571
national
-
-
-
82
total
-
-
-
3 232
Employee
24 159
-
18 349
-
health
55
-
41
-
unemployment
-
-
-
-
city
259
-
197
-
pensions
2 030
-
1 541
-
regional
791
-
486
-
national
114
-
68
-
total
3 249
-
2 333
-
Employer
24 159
-
18 349
-
health
55
-
41
-
pensions
2 030
-
1 541
-
unemployment
-
-
-
-
other

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

483
-
367
-
total
2 568
-
1 949
-
Corporate
-
20 500
-
-
regional
-
4 336
-
-
national
-
1 742
-
-
total
-
6 078
-
-
Dividends
-
14 422
-
-
withholding
-
5 048
-
-
total
-
5 048
-
-
Income
20 500
20 500
20 500
20 500
Total tax
5 817
11 126
4 282
3 232
After tax
14 683
9 374
16 218
17 268
Living cost
20 644
20 644
20 644
20 644
Free-cash
-5 962
-11 271
-4 426
-3 377

Estimated living cost  is ₴20644 per week

₴13425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴1058
₴828
₴3823
₴2410
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

-
-
-
20 500
municipal
-
-
-
3 656
health
-
-
-
189
national
-
-
-
1 186
total
-
-
-
5 031
Employee
15 960
-
17 245
-
health
119
-
139
-
unemployment
239
-
258
-
pensions
1 077
-
1 164
-
national
264
-
388
-
municipal
2 614
-
2 823
-
total
4 313
-
4 772
-
Employer
15 960
-
17 245
-
health
123
-
133
-
pensions
2 769
-
2 992
-
accident
16
-
17
-
unemployment
104
-
112
-
total
3 012
-
3 254
-
Corporate
1 529
20 500
-
-
income
306
4 100
-
-
total
306
4 100
-
-
Dividends

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

918
12 300
-
-
municipal
165
2 214
-
-
national
-
130
-
-
total
165
2 344
-
-
Income
20 500
20 500
20 500
20 500
Total tax
7 796
6 444
8 026
5 031
After tax
12 704
14 056
12 474
15 469
Living cost
11 646
11 646
11 646
11 646
Free-cash
1 058
2 410
828
3 823

Estimated living cost  is ₴11646 per week

₴7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1120
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.
₴2734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
-₴7514
-₴2480
-₴505
₴473
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
-
-
-
20 500
communal

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

-
-
-
1 070
social contributions
-
-
-
2 667
national
-
-
-
6 208
total
-
-
-
9 945
Employee

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

21 698
-
15 878
-
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.

1 019
-
746
-
communal

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

1 132
-
828
-
unemployment

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

189
-
138
-
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.

1 627
-
1 191
-
national
6 671
-
4 394
-
total
10 638
-
7 297
-
Employer

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

21 698
-
15 878
-
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.

1 334
-
976
-
pensions

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

1 923
-
1 407
-
surtax
2 460
-
1 801
-
accident

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

282
-
207
-
unemployment

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

317
-
232
-
total
6 316
-
4 623
-
Corporate
-
20 500
-
-
income
-
4 100
-
-
surtax
-
82
-
-
total
-
4 182
-
-
Dividends
-
16 318
-
-
withholding

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

-
4 785
-
-
total
-
4 785
-
-
Income
20 500
20 500
20 500
20 500
Total tax
16 954
8 967
11 920
9 945
After tax
3 546
11 533
8 580
10 555
Living cost
11 060
11 060
11 060
11 060
Free-cash
-7 514
473
-2 480
-505

Estimated living cost  is ₴11060 per week

₴7124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Stockholm , Sweden
-₴4091
-₴2185
-₴2912
-₴1939
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
-
-
-
20 500
unemployment
-
-
-
20
municipal
-
-
-
4 342
other
-
-
-
2 382
health
-
-
-
1 279
national
-
-
-
-
accident
-
-
-
41
pensions
-
-
-
2 216
total
-
-
-
10 280
Employee
18 711
-
15 599
-
national
-
-
-
-
municipal
5 580
-
4 652
-
total
5 580
-
4 652
-
Employer
18 711
-
15 599
-
health
1 151
-
959
-
pensions
2 023
-
1 686
-
accident
37
-
31
-
unemployment
494
-
412
-
other
2 174
-
1 813
-
total
5 879
-
4 901
-
Corporate
-
20 500
-
-
income
-
4 510
-
-
total
-
4 510
-
-
Dividends
-
15 990
-
-
withholding
-
4 797
-
-
total
-
4 797
-
-
Income
20 500
20 500
20 500
20 500
Total tax
11 459
9 307
9 553
10 280
After tax
9 041
11 193
10 947
10 220
Living cost
13 132
13 132
13 132
13 132
Free-cash
-4 091
-1 939
-2 185
-2 912

Estimated living cost  is ₴13132 per week

₴8703
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.
₴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.
₴2941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴29903
₴1467
-₴419
-₴2114
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
-
-
-
20 500
income
-
-
-
3 996
social contributions
-
-
-
2 337
total
-
-
-
6 333
Employee
20 914
-
-
-
income
4 613
-
-
-
social contributions
1 715
-
244
-
total
6 328
-
244
-
Employer
20 914
-
-
-
social contributions
29 489
-
4 203
-
total
29 489
-
4 203
-
Corporate
-
20 500
-
-
income
-
4 510
-
-
total
-
4 510
-
-
Dividends
-
15 990
-
-
income
-
3 518
-
-
total
-
3 518
-
-
Income
20 500
20 500
20 500
20 500
Total tax
35 817
8 028
4 447
6 333
After tax
-15 317
12 472
16 053
14 167
Living cost
14 586
14 586
14 586
14 586
Free-cash
-29 903
-2 114
1 467
-419

Estimated living cost  is ₴14586 per week

₴9464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3564
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
₴3966
₴4612
₴5796
₴3801
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
-
-
-
20 500
income
-
-
-
1 144
health
-
-
-
523
social contributions
-
-
-
3 198
total
-
-
-
4 865
Employee
23 326
23 326
23 326
-
health
232
397
317
-
income
2 449
2 159
2 300
-
social contributions
1 133
1 936
1 544
-
total
3 814
4 492
4 161
-
Employer
23 326
23 326
23 326
-
health
253
432
344
-
social contributions
1 133
1 936
1 544
-
total
1 386
2 368
1 888
-
Corporate
5 460
-
-
-
income
683
-
-
-
total
683
-
-
-
Dividends
4 777
-
-
-
withholding
812
-
-
-
total
812
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
6 695
6 860
6 049
4 865
After tax
13 805
13 640
14 451
15 635
Living cost
9 839
9 839
9 839
9 839
Free-cash
3 966
3 801
4 612
5 796

Estimated living cost  is ₴9839 per week

₴6726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴2891
₴2292
₴4489
₴4535
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
-
-
-
20 500
income
-
-
-
3 828
pensions
-
-
-
1 358
total
-
-
-
5 186
Employee
14 859
-
18 193
-
health
194
-
262
-
pensions
1 134
-
1 535
-
income
2 706
-
3 279
-
total
4 034
-
5 076
-
Employer
14 859
-
18 193
-
health
282
-
346
-
pensions
1 501
-
1 961
-
total
1 783
-
2 307
-
Corporate
3 858
20 500
-
-
income

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

733
3 895
-
-
total
733
3 895
-
-
Dividends
3 125
16 605
-
-
withholding
234
1 245
-
-
total
234
1 245
-
-
Income
20 500
20 500
20 500
20 500
Total tax
6 784
5 140
7 383
5 186
After tax
13 716
15 360
13 117
15 314
Living cost
10 825
10 825
10 825
10 825
Free-cash
2 891
4 535
2 292
4 489

Estimated living cost  is ₴10825 per week

₴7426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
-₴5063
-₴2227
-₴1090
-₴1287
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
-
-
-
20 500
municipal
-
-
-
137
regional
-
-
-
330
social contributions
-
-
-
5 272
national
-
-
-
3 766
total
-
-
-
9 505
Employee
25 562
-
20 500
-
social contributions
8 619
-
6 912
-
regional
386
-
285
-
national
4 320
-
3 323
-
municipal
153
-
122
-
total
13 478
-
10 642
-
Employer
25 562
-
20 500
-
total
-
-
-
-
Corporate
-
20 500
-
-
nationa
-
4 920
-
-
municipal
-
988
-
-
total
-
5 908
-
-
Dividends
-
14 592
-
-
withholding
-
3 794
-
-
total
-
3 794
-
-
Income
20 500
20 500
20 500
20 500
Total tax
13 478
9 702
10 642
9 505
After tax
7 022
10 798
9 858
10 995
Living cost
12 084
12 084
12 084
12 084
Free-cash
-5 063
-1 287
-2 227
-1 090

Estimated living cost  is ₴12084 per week

₴8489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
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.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴668
₴4061
₴7659
-₴4809
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
-
-
-
20 500
pensions
-
-
-
1 223
income
-
-
-
4 325
other
-
-
-
109
health
-
-
-
641
accident
-
-
-
74
total
-
-
-
6 372
Employee
10 176
-
17 029
-
health
1 165
-
1 950
-
pensions
1 146
-
1 917
-
income
1 396
-
2 633
-
total
3 707
-
6 500
-
Employer
10 176
-
17 029
-
pensions
1 655
-
2 769
-
accident
170
-
284
-
unemployment
249
-
417
-
total
2 074
-
3 470
-
Corporate
8 250
20 500
-
-
income

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

7 425
18 450
-
-
total
7 425
18 450
-
-
Dividends
825
2 050
-
-
withholding
157
390
-
-
total
157
390
-
-
Income
20 500
20 500
20 500
20 500
Total tax
13 363
18 840
9 970
6 372
After tax
7 137
1 660
10 530
14 128
Living cost
6 469
6 469
6 469
6 469
Free-cash
668
-4 809
4 061
7 659

Estimated living cost  is ₴6469 per week

₴4741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴2862
₴3717
₴2799
-₴1106
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.

-
-
-
20 500
trade
-
-
-
918
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.

-
-
-
2 843
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.

-
-
-
2 072
surtax

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

-
-
-
157
total
-
-
-
5 990
Employee

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

15 093
-
20 500
-
health

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

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

2 072
-
2 072
-
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.

1 241
-
2 843
-
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
-
157
-
total
3 382
-
5 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 407
20 500
-
-
income
811
3 075
-
-
trade
776
2 942
-
-
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.

44
169
-
-
chamber of commerce
54
76
-
-
total
1 685
6 262
-
-
Dividends
3 721
14 238
-
-
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.

45
189
-
-
withholding
815
3 444
-
-
total
860
3 633
-
-
Income
20 500
20 500
20 500
20 500
Total tax
5 927
9 895
5 072
5 990
After tax
14 573
10 605
15 428
14 510
Living cost
11 711
11 711
11 711
11 711
Free-cash
2 862
-1 106
3 717
2 799

Estimated living cost  is ₴11711 per week

₴8079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴7601
₴5357
₴10159
₴10089
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

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

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

-
-
-
20 500
income
-
-
-
-
microenterprise
-
-
-
3 075
social contributions

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

-
-
-
955
surtax
-
-
-
-
total
-
-
-
4 030
Employee
8 864
-
16 520
-
income
1 578
-
3 036
-
social contributions

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

975
-
1 817
-
surtax
-
-
-
-
total
2 553
-
4 853
-
Employer
8 864
-
16 520
-
social contributions

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

2 135
-
3 979
-
surtax
-
-
-
-
total
2 135
-
3 979
-
Corporate
9 501
20 500
-
-
income

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

1 900
4 100
-
-
total
1 900
4 100
-
-
Dividends

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

7 601
16 400
-
-
total
-
-
-
-
Income
20 500
20 500
20 500
20 500
Total tax
6 588
4 100
8 832
4 030
After tax
13 912
16 400
11 668
16 470
Living cost
6 311
6 311
6 311
6 311
Free-cash
7 601
10 089
5 357
10 159

Estimated living cost  is ₴6311 per week

₴4026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴8422
₴7099
₴7366
₴9038
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
-
-
-
20 500
income
-
-
-
4 656
health
-
-
-
1 985
pensions
-
-
-
2 739
total
-
-
-
9 380
Employee
5 718
-
17 419
-
health
286
-
685
-
unemployment
57
-
137
-
pensions
515
-
1 232
-
income
1 106
-
4 512
-
total
1 964
-
6 566
-
Employer
5 718
-
17 419
-
health
543
-
1 301
-
pensions
629
-
1 506
-
unemployment
114
-
274
-
total
1 286
-
3 081
-
Corporate
13 495
20 500
-
-
income
2 969
4 510
-
-
total
2 969
4 510
-
-
Dividends
10 526
15 990
-
-
withholding
2 105
3 198
-
-
total
2 105
3 198
-
-
Income
20 500
20 500
20 500
20 500
Total tax
8 324
7 708
9 647
9 380
After tax
12 176
12 792
10 853
11 120
Living cost
3 754
3 754
3 754
3 754
Free-cash
8 422
9 038
7 099
7 366

Estimated living cost  is ₴3754 per week

₴2231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴5115
₴4068
₴4516
₴6081
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
-
-
-
20 500
pensions
-
-
-
4 100
unemployment
-
-
-
69
income
-
-
-
3 278
other
-
-
-
-
health
-
-
-
1 455
surtax
-
-
-
269
total
-
-
-
9 171
Employee
10 216
-
16 934
-
health
261
-
432
-
unemployment
711
-
1 178
-
pensions
682
-
1 129
-
income
1 713
-
3 080
-
other
-
-
-
-
surtax
36
-
235
-
total
3 403
-
6 054
-
Employer
10 216
-
16 934
-
health
465
-
771
-
pensions
1 362
-
2 257
-
unemployment
324
-
537
-
other
-
-
-
-
total
2 151
-
3 565
-
Corporate
8 134
20 500
-
-
income
2 115
5 330
-
-
total
2 115
5 330
-
-
Dividends
6 019
15 170
-
-
withholding
903
2 276
-
-
total
903
2 276
-
-
Income
20 500
20 500
20 500
20 500
Total tax
8 572
7 606
9 619
9 171
After tax
11 928
12 894
10 881
11 329
Living cost
6 813
6 813
6 813
6 813
Free-cash
5 115
6 081
4 068
4 516

Estimated living cost  is ₴6813 per week

₴4114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴1862
-₴2279
₴1490
₴2011
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
-
-
-
20 500
pensions
-
-
-
3 792
chamber of commerce
-
-
-
82
unemployment
-
-
-
1 861
income
-
-
-
2 029
health
-
-
-
1 568