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
₴ 21500
per

Your estimated
City
free-cash

Andorra , Andorra
₴6349
₴7823
₴6952
₴8982
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
-
-
-
21 500
social contributions
-
-
-
4 730
income
-
-
-
53
total
-
-
-
4 783
Employee
11 089
-
18 615
-
social contributions
721
-
1 210
-
income
-
-
85
-
total
721
-
1 295
-
Employer
11 089
-
18 615
-
social contributions
1 719
-
2 885
-
total
1 719
-
2 885
-
Corporate
8 692
21 500
-
-
income
869
2 150
-
-
total
869
2 150
-
-
Dividends
7 823
19 350
-
-
total
-
-
-
-
Income
21 500
21 500
21 500
21 500
Total tax
3 309
2 150
4 180
4 783
After tax
18 191
19 350
17 320
16 717
Living cost
10 368
10 368
10 368
10 368
Free-cash
7 823
8 982
6 952
6 349

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Graz , Austria
₴833
₴1134
-₴2987
₴1305
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
-
-
-
21 500
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
1 645
chamber of commerce
-
-
-
86
pensions
-
-
-
3 978
income
-
-
-
1 839
total
-
-
-
9 663
Employee
15 077
13 745
16 695
-
unemployment
452
412
501
-
other
151
137
167
-
income
1 343
1 014
1 807
-
pensions
1 544
1 407
1 710
-
health
583
532
646
-
total
4 073
3 502
4 831
-
Employer
15 077
13 745
16 695
-
pensions
1 892
1 725
2 095
-
surtax
-
-
-
-
payroll
452
412
501
-
other
716
653
793
-
health
570
520
631
-
accident
196
179
217
-
unemployment
452
412
501
-
chamber of commerce
60
55
67
-
total
4 338
3 956
4 805
-
Corporate
2 084
3 799
15 386
-
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.

521
950
3 847
-
total
521
950
3 847
-
Dividends
1 563
2 849
-
-
withholding
430
783
-
-
total
430
783
-
-
Income
21 500
21 500
21 500
21 500
Total tax
9 362
9 191
13 483
9 663
After tax
12 138
12 309
8 017
11 837
Living cost
11 004
11 004
11 004
11 004
Free-cash
1 134
1 305
-2 987
833

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴3083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Vienna , Austria
-₴385
-₴1092
-₴4150
₴118
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
-
-
-
21 500
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
1 645
chamber of commerce
-
-
-
86
pensions
-
-
-
3 978
income
-
-
-
1 839
total
-
-
-
9 731
Employee
17 237
13 745
16 641
-
unemployment
517
412
499
-
other
172
137
166
-
income
1 962
1 014
1 791
-
pensions
1 765
1 407
1 704
-
health
667
532
644
-
total
5 083
3 502
4 804
-
Employer
17 237
13 745
16 641
-
pensions
2 163
1 725
2 089
-
surtax
68
68
68
-
payroll
517
412
499
-
other
819
653
791
-
health
651
520
629
-
accident
224
179
217
-
unemployment
517
412
499
-
chamber of commerce
69
55
67
-
total
5 028
4 024
4 859
-
Corporate
1 309
3 730
15 332
-
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.

327
933
3 833
-
total
327
933
3 833
-
Dividends
-
2 798
-
-
withholding
-
769
-
-
total
-
769
-
-
Income
21 500
21 500
21 500
21 500
Total tax
10 438
9 228
13 496
9 731
After tax
11 062
12 272
8 004
11 769
Living cost
12 154
12 154
12 154
12 154
Free-cash
-1 092
118
-4 150
-385

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
-₴1274
-₴10354
-₴3459
-₴471
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
-
-
-
21 500
national
-
-
-
6 415
communal

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

-
-
-
1 131
social contributions
-
-
-
2 652
total
-
-
-
10 198
Employee

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

24 672
-
16 652
-
unemployment

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

215
-
145
-
national
7 585
-
4 490
-
communal

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

1 287
-
869
-
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.

1 850
-
1 249
-
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.

1 159
-
783
-
total
12 096
-
7 536
-
Employer

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

24 672
-
16 652
-
surtax
2 798
-
1 889
-
pensions

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

2 186
-
1 475
-
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.

1 517
-
1 024
-
accident

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

321
-
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.

360
-
243
-
total
7 182
-
4 847
-
Corporate
-
21 500
-
-
income
-
4 300
-
-
surtax
-
86
-
-
total
-
4 386
-
-
Dividends
-
17 115
-
-
withholding

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

-
5 009
-
-
total
-
5 009
-
-
Income
21 500
21 500
21 500
21 500
Total tax
19 278
9 395
12 383
10 198
After tax
2 222
12 105
9 117
11 302
Living cost
12 576
12 576
12 576
12 576
Free-cash
-10 354
-471
-3 459
-1 274

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Sofia , Bulgaria
₴9144
₴10365
₴9565
₴12461
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
-
-
-
21 500
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
3 225
total
-
-
-
6 435
Employee
7 841
-
19 141
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
1 914
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
3 655
-
Employer
7 841
-
19 141
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
12 121
21 500
-
-
income
1 212
2 150
-
-
total
1 212
2 150
-
-
Dividends
10 909
19 350
-
-
withholding
545
968
-
-
total
545
968
-
-
Income
21 500
21 500
21 500
21 500
Total tax
5 214
3 118
6 014
6 435
After tax
16 286
18 382
15 486
15 065
Living cost
5 921
5 921
5 921
5 921
Free-cash
10 365
12 461
9 565
9 144

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
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.
₴1525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Varna , Bulgaria
₴10552
₴12269
₴10973
₴13869
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
-
-
-
21 500
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
3 225
total
-
-
-
6 435
Employee
5 976
-
19 141
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
1 914
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
3 655
-
Employer
5 976
-
19 141
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
14 351
21 500
-
-
income
1 435
2 150
-
-
total
1 435
2 150
-
-
Dividends
12 916
19 350
-
-
withholding
646
968
-
-
total
646
968
-
-
Income
21 500
21 500
21 500
21 500
Total tax
4 718
3 118
6 014
6 435
After tax
16 782
18 382
15 486
15 065
Living cost
4 513
4 513
4 513
4 513
Free-cash
12 269
13 869
10 973
10 552

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
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.
₴1436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Larnaca , Cyprus
₴8644
₴5948
₴6916
₴5715
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
-
-
-
21 500
health
-
-
-
549
social contributions
-
-
-
3 354
income
-
-
-
967
total
-
-
-
4 870
Employee
26 522
26 522
26 522
-
income
2 888
2 455
2 665
-
social contributions
1 003
2 201
1 620
-
health
206
451
332
-
total
4 097
5 107
4 617
-
Employer
26 522
26 522
26 522
-
social contributions
1 003
2 201
1 620
-
health
223
491
361
-
total
1 226
2 692
1 981
-
Corporate
8 192
-
-
-
income
1 024
-
-
-
total
1 024
-
-
-
Dividends
7 168
-
-
-
withholding
1 219
-
-
-
total
1 219
-
-
-
Income
21 500
21 500
21 500
21 500
Total tax
7 566
7 799
6 598
4 870
After tax
13 934
13 701
14 902
16 630
Living cost
7 986
7 986
7 986
7 986
Free-cash
5 948
5 715
6 916
8 644

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Limassol , Cyprus
₴5443
₴3194
₴3715
₴2514
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
-
-
-
21 500
health
-
-
-
549
social contributions
-
-
-
3 354
income
-
-
-
967
total
-
-
-
4 870
Employee
26 522
26 522
26 522
-
income
2 785
2 455
2 665
-
social contributions
1 289
2 201
1 620
-
health
264
451
332
-
total
4 338
5 107
4 617
-
Employer
26 522
26 522
26 522
-
social contributions
1 289
2 201
1 620
-
health
287
491
361
-
total
1 576
2 692
1 981
-
Corporate
4 399
-
-
-
income
550
-
-
-
total
550
-
-
-
Dividends
3 849
-
-
-
withholding
655
-
-
-
total
655
-
-
-
Income
21 500
21 500
21 500
21 500
Total tax
7 119
7 799
6 598
4 870
After tax
14 381
13 701
14 902
16 630
Living cost
11 187
11 187
11 187
11 187
Free-cash
3 194
2 514
3 715
5 443

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Brno , Czech Republic
₴2511
₴4001
₴2950
₴6842
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
-
-
-
21 500
health
-
-
-
2 902
social contributions
-
-
-
6 278
income
-
-
-
1 848
solidarity contribution
-
-
-
-
total
-
-
-
11 028
Employee
11 708
-
16 045
-
income
1 405
-
1 925
-
social contributions
761
-
1 043
-
health
1 581
-
2 166
-
solidarity contribution
-
-
-
-
total
3 747
-
5 134
-
Employer
11 708
-
16 045
-
social contributions
2 927
-
4 011
-
health
1 054
-
1 444
-
total
3 981
-
5 455
-
Corporate
5 812
21 500
-
-
income
1 104
4 085
-
-
total
1 104
4 085
-
-
Dividends
4 708
17 415
-
-
withholding
706
2 612
-
-
total
706
2 612
-
-
Income
21 500
21 500
21 500
21 500
Total tax
9 538
6 697
10 589
11 028
After tax
11 962
14 803
10 911
10 472
Living cost
7 961
7 961
7 961
7 961
Free-cash
4 001
6 842
2 950
2 511

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Prague , Czech Republic
₴662
₴1493
₴1101
₴4993
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
-
-
-
21 500
health
-
-
-
2 902
social contributions
-
-
-
6 278
income
-
-
-
1 848
solidarity contribution
-
-
-
-
total
-
-
-
11 028
Employee
14 427
-
16 045
-
income
1 731
-
1 925
-
social contributions
938
-
1 043
-
health
1 948
-
2 166
-
solidarity contribution
-
-
-
-
total
4 617
-
5 134
-
Employer
14 427
-
16 045
-
social contributions
3 607
-
4 011
-
health
1 298
-
1 444
-
total
4 905
-
5 455
-
Corporate
2 168
21 500
-
-
income
412
4 085
-
-
total
412
4 085
-
-
Dividends
1 756
17 415
-
-
withholding
263
2 612
-
-
total
263
2 612
-
-
Income
21 500
21 500
21 500
21 500
Total tax
10 197
6 697
10 589
11 028
After tax
11 303
14 803
10 911
10 472
Living cost
9 810
9 810
9 810
9 810
Free-cash
1 493
4 993
1 101
662

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
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.
₴1802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Copenhagen , Denmark
-₴2812
-₴53881
-₴53881
-₴53881
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
-
-
-
21 500
national
-
-
-
2 081
pensions
-
-
-
300
municipal
-
-
-
3 573
labour market
-
-
-
1 696
total
-
-
-
7 650
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 500
21 500
21 500
21 500
Total tax
58 719
58 719
58 719
7 650
After tax
-37 219
-37 219
-37 219
13 850
Living cost
16 662
16 662
16 662
16 662
Free-cash
-53 881
-53 881
-53 881
-2 812

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
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.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Tallinn , Estonia
₴3425
₴6725
₴4173
₴8869
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
-
-
-
21 500
health
-
-
-
2 795
pensions
-
-
-
4 300
income
-
-
-
2 649
total
-
-
-
9 744
Employee
9 785
-
16 069
-
unemployment
156
-
257
-
income
1 102
-
2 987
-
pensions
196
-
321
-
total
1 454
-
3 565
-
Employer
9 785
-
16 069
-
pensions
1 957
-
3 214
-
health
1 272
-
2 089
-
unemployment
79
-
128
-
total
3 308
-
5 431
-
Corporate
8 408
21 500
-
-
income
1 682
4 300
-
-
total
1 682
4 300
-
-
Dividends
6 726
17 200
-
-
total
-
-
-
-
Income
21 500
21 500
21 500
21 500
Total tax
6 444
4 300
8 996
9 744
After tax
15 056
17 200
12 504
11 756
Living cost
8 331
8 331
8 331
8 331
Free-cash
6 725
8 869
4 173
3 425

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Helsinki , Finland
₴3194
-₴69
-₴42
₴1553
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

-
-
-
21 500
national
-
-
-
1 041
health
-
-
-
187
municipal
-
-
-
3 836
total
-
-
-
5 064
Employee
18 147
-
18 087
-
unemployment
272
-
271
-
municipal
2 972
-
2 963
-
national
300
-
297
-
pensions
1 225
-
1 221
-
health
135
-
135
-
total
4 904
-
4 887
-
Employer
18 147
-
18 087
-
pensions
3 148
-
3 138
-
health
139
-
139
-
accident
18
-
18
-
unemployment
118
-
118
-
total
3 423
-
3 413
-
Corporate
-
21 500
-
-
income
-
4 300
-
-
total
-
4 300
-
-
Dividends

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

-
12 900
-
-
municipal
-
2 322
-
-
national
-
83
-
-
total
-
2 405
-
-
Income
21 500
21 500
21 500
21 500
Total tax
8 327
6 705
8 300
5 064
After tax
13 173
14 795
13 200
16 436
Living cost
13 242
13 242
13 242
13 242
Free-cash
-69
1 553
-42
3 194

Estimated living cost  is ₴13242 per week

₴8650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Marseille , France
₴2214
₴2123
₴2365
₴204
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
-
-
-
21 500
surtax
-
-
-
-
health
-
-
-
186
pensions
-
-
-
6 142
social contributions
-
-
-
613
income
-
-
-
1 047
other
-
-
-
666
total
-
-
-
8 654
Employee
13 177
-
16 383
-
income
679
-
1 067
-
surtax
-
-
-
-
social contributions
376
-
467
-
pensions
1 490
-
1 852
-
total
2 545
-
3 386
-
Employer
13 177
-
16 383
-
pensions
2 165
-
2 691
-
social contributions
39
-
49
-
other
455
-
566
-
health
922
-
1 147
-
unemployment
533
-
664
-
total
4 114
-
5 117
-
Corporate
4 208
21 500
-
-
income
1 178
6 020
-
-
surtax
-
-
-
-
total
1 178
6 020
-
-
Dividends
3 030
15 480
-
-
withholding
387
1 981
-
-
social contributions
521
2 663
-
-
surtax
-
-
-
-
total
908
4 644
-
-
Income
21 500
21 500
21 500
21 500
Total tax
8 745
10 664
8 503
8 654
After tax
12 755
10 836
12 997
12 846
Living cost
10 632
10 632
10 632
10 632
Free-cash
2 123
204
2 365
2 214

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
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.
₴3184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Nice , France
₴1045
₴1071
₴1196
-₴965
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
-
-
-
21 500
surtax
-
-
-
-
health
-
-
-
186
pensions
-
-
-
6 142
social contributions
-
-
-
613
income
-
-
-
1 047
other
-
-
-
666
total
-
-
-
8 654
Employee
14 762
-
16 383
-
income
871
-
1 067
-
surtax
-
-
-
-
social contributions
421
-
467
-
pensions
1 669
-
1 852
-
total
2 961
-
3 386
-
Employer
14 762
-
16 383
-
pensions
2 425
-
2 691
-
social contributions
45
-
49
-
other
509
-
566
-
health
1 034
-
1 147
-
unemployment
598
-
664
-
total
4 611
-
5 117
-
Corporate
2 128
21 500
-
-
income
596
6 020
-
-
surtax
-
-
-
-
total
596
6 020
-
-
Dividends
1 533
15 480
-
-
withholding
196
1 981
-
-
social contributions
264
2 663
-
-
surtax
-
-
-
-
total
460
4 644
-
-
Income
21 500
21 500
21 500
21 500
Total tax
8 628
10 664
8 503
8 654
After tax
12 872
10 836
12 997
12 846
Living cost
11 801
11 801
11 801
11 801
Free-cash
1 071
-965
1 196
1 045

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
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.
₴3200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Paris , France
-₴3813
-₴6850
-₴3662
-₴5823
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
-
-
-
21 500
surtax
-
-
-
-
health
-
-
-
186
pensions
-
-
-
6 142
social contributions
-
-
-
613
income
-
-
-
1 047
other
-
-
-
666
total
-
-
-
8 654
Employee
21 603
-
16 383
-
income
1 885
-
1 067
-
surtax
-
-
-
-
social contributions
615
-
467
-
pensions
2 443
-
1 852
-
total
4 943
-
3 386
-
Employer
21 603
-
16 383
-
pensions
3 550
-
2 691
-
social contributions
65
-
49
-
other
746
-
566
-
health
1 512
-
1 147
-
unemployment
875
-
664
-
total
6 748
-
5 117
-
Corporate
-
21 500
-
-
income
-
6 020
-
-
surtax
-
-
-
-
total
-
6 020
-
-
Dividends
-
15 480
-
-
withholding
-
1 981
-
-
social contributions
-
2 663
-
-
surtax
-
-
-
-
total
-
4 644
-
-
Income
21 500
21 500
21 500
21 500
Total tax
11 691
10 664
8 503
8 654
After tax
9 809
10 836
12 997
12 846
Living cost
16 659
16 659
16 659
16 659
Free-cash
-6 850
-5 823
-3 662
-3 813

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Batumi , Georgia
₴19053
₴17774
₴14968
₴18193
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%.

-
-
-
21 500
microenterprise

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

-
-
-
215
total
-
-
-
215
Employee
2 789
-
21 500
-
income
558
-
4 300
-
total
558
-
4 300
-
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%.

18 711
21 500
-
-
total
-
-
-
-
Dividends
18 711
21 500
-
-
withholding
936
1 075
-
-
total
936
1 075
-
-
Income
21 500
21 500
21 500
21 500
Total tax
1 494
1 075
4 300
215
After tax
20 006
20 425
17 200
21 285
Living cost
2 232
2 232
2 232
2 232
Free-cash
17 774
18 193
14 968
19 053

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Tbilisi , Georgia
₴17808
₴16296
₴13723
₴16948
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%.

-
-
-
21 500
microenterprise

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

-
-
-
215
total
-
-
-
215
Employee
4 347
-
21 500
-
income
869
-
4 300
-
total
869
-
4 300
-
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%.

17 153
21 500
-
-
total
-
-
-
-
Dividends
17 153
21 500
-
-
withholding
858
1 075
-
-
total
858
1 075
-
-
Income
21 500
21 500
21 500
21 500
Total tax
1 727
1 075
4 300
215
After tax
19 773
20 425
17 200
21 285
Living cost
3 477
3 477
3 477
3 477
Free-cash
16 296
16 948
13 723
17 808

Estimated living cost  is ₴3477 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Berlin , Germany
₴2226
₴2327
₴3010
-₴2187
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.

-
-
-
21 500
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.

-
-
-
147
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.

-
-
-
2 356
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.

-
-
-
2 671
trade
-
-
-
784
total
-
-
-
5 958
Employee

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

17 162
-
21 500
-
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.

1 411
-
2 671
-
surtax

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

78
-
147
-
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.

2 356
-
2 356
-
total
3 845
-
5 174
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 338
21 500
-
-
trade
622
3 086
-
-
income
651
3 225
-
-
chamber of commerce
59
84
-
-
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.

36
177
-
-
total
1 368
6 572
-
-
Dividends
2 970
14 928
-
-
withholding
611
3 601
-
-
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.

33
198
-
-
total
644
3 799
-
-
Income
21 500
21 500
21 500
21 500
Total tax
5 857
10 371
5 174
5 958
After tax
15 643
11 129
16 326
15 542
Living cost
13 316
13 316
13 316
13 316
Free-cash
2 327
-2 187
3 010
2 226

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
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.
₴2504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dresden , Germany
₴5018
₴4277
₴5879
₴462
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.

-
-
-
21 500
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.

-
-
-
147
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.

-
-
-
2 356
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.

-
-
-
2 671
trade
-
-
-
861
total
-
-
-
6 035
Employee

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

13 192
-
21 500
-
income

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

369
-
2 671
-
surtax

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

20
-
147
-
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.

2 356
-
2 356
-
total
2 745
-
5 174
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 308
21 500
-
-
trade
1 308
3 386
-
-
income
1 246
3 225
-
-
chamber of commerce
64
83
-
-
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
177
-
-
total
2 687
6 871
-
-
Dividends
5 620
14 629
-
-
withholding
1 274
3 526
-
-
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
194
-
-
total
1 344
3 720
-
-
Income
21 500
21 500
21 500
21 500
Total tax
6 776
10 591
5 174
6 035
After tax
14 724
10 909
16 326
15 465
Living cost
10 447
10 447
10 447
10 447
Free-cash
4 277
462
5 879
5 018

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Hamburg , Germany
₴1877
₴2095
₴2776
-₴2753
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.

-
-
-
21 500
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.

-
-
-
147
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.

-
-
-
2 356
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.

-
-
-
2 671
trade
-
-
-
899
total
-
-
-
6 073
Employee

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

17 491
-
21 500
-
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.

1 503
-
2 671
-
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.

82
-
147
-
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.

2 356
-
2 356
-
total
3 941
-
5 174
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 009
21 500
-
-
trade
659
3 537
-
-
income
602
3 225
-
-
chamber of commerce
58
83
-
-
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.

33
177
-
-
total
1 352
7 022
-
-
Dividends
2 656
14 478
-
-
withholding
533
3 489
-
-
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.

29
192
-
-
total
562
3 681
-
-
Income
21 500
21 500
21 500
21 500
Total tax
5 855
10 703
5 174
6 073
After tax
15 645
10 797
16 326
15 427
Living cost
13 550
13 550
13 550
13 550
Free-cash
2 095
-2 753
2 776
1 877

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
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.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Munich , Germany
-₴412
₴462
₴525
-₴5113
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.

-
-
-
21 500
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.

-
-
-
147
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.

-
-
-
2 356
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.

-
-
-
2 671
trade
-
-
-
937
total
-
-
-
6 111
Employee

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

20 729
-
21 500
-
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.

2 438
-
2 671
-
surtax

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

134
-
147
-
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.

2 356
-
2 356
-
total
4 928
-
5 174
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
771
21 500
-
-
trade
132
3 687
-
-
income
116
3 225
-
-
chamber of commerce
54
82
-
-
surtax

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

7
177
-
-
total
309
7 171
-
-
Dividends
463
14 328
-
-
withholding
-
3 451
-
-
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.

-
190
-
-
total
-
3 641
-
-
Income
21 500
21 500
21 500
21 500
Total tax
5 237
10 812
5 174
6 111
After tax
16 263
10 688
16 326
15 389
Living cost
15 801
15 801
15 801
15 801
Free-cash
462
-5 113
525
-412

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
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.
₴2792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Athens , Greece
₴4263
₴4679
₴3797
₴5777
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
-
-
-
21 500
surtax
-
-
-
240
unemployment
-
-
-
79
health
-
-
-
1 527
pensions
-
-
-
4 300
income
-
-
-
3 344
other
-
-
-
-
total
-
-
-
9 490
Employee
11 616
-
17 761
-
unemployment
808
-
1 236
-
other
-
-
-
-
income
1 947
-
3 139
-
surtax
41
-
205
-
pensions
775
-
1 185
-
health
297
-
453
-
total
3 868
-
6 218
-
Employer
11 616
-
17 761
-
pensions
1 549
-
2 367
-
other
-
-
-
-
health
528
-
808
-
unemployment
369
-
563
-
total
2 446
-
3 738
-
Corporate
7 439
21 500
-
-
income
1 934
5 590
-
-
total
1 934
5 590
-
-
Dividends
5 505
15 910
-
-
withholding
826
2 386
-
-
total
826
2 386
-
-
Income
21 500
21 500
21 500
21 500
Total tax
9 074
7 976
9 956
9 490
After tax
12 426
13 524
11 544
12 010
Living cost
7 747
7 747
7 747
7 747
Free-cash
4 679
5 777
3 797
4 263

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
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.
₴2217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Thessaloniki , Greece
₴4399
₴4839
₴3933
₴5913
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
-
-
-
21 500
surtax
-
-
-
240
unemployment
-
-
-
79
health
-
-
-
1 527
pensions
-
-
-
4 300
income
-
-
-
3 344
other
-
-
-
-
total
-
-
-
9 490
Employee
11 406
-
17 761
-
unemployment
794
-
1 236
-
other
-
-
-
-
income
1 912
-
3 139
-
surtax
37
-
205
-
pensions
761
-
1 185
-
health
291
-
453
-
total
3 795
-
6 218
-
Employer
11 406
-
17 761
-
pensions
1 521
-
2 367
-
other
-
-
-
-
health
519
-
808
-
unemployment
361
-
563
-
total
2 401
-
3 738
-
Corporate
7 693
21 500
-
-
income
2 000
5 590
-
-
total
2 000
5 590
-
-
Dividends
5 693
15 910
-
-
withholding
854
2 386
-
-
total
854
2 386
-
-
Income
21 500
21 500
21 500
21 500
Total tax
9 050
7 976
9 956
9 490
After tax
12 450
13 524
11 544
12 010
Living cost
7 611
7 611
7 611
7 611
Free-cash
4 839
5 913
3 933
4 399

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
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.
₴2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Budapest , Hungary
₴8048
₴5469
₴5618
₴5325
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
-
-
-
21 500
unemployment
-
-
-
322
health
-
-
-
1 505
pensions
-
-
-
2 150
income
-
-
-
2 628
total
-
-
-
6 605
Employee

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

The minimum wage is 138,000 HUF per month.

9 884
3 934
17 992
-
unemployment
148
59
270
-
income
1 208
481
2 199
-
pensions
988
393
1 799
-
health
692
275
1 259
-
total
3 036
1 208
5 527
-
Employer

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

The minimum wage is 138,000 HUF per month.

9 884
3 934
17 992
-
pensions
1 927
767
3 508
-
total
1 927
767
3 508
-
Corporate
9 689
16 799
-
-
income
872
1 512
-
-
total
872
1 512
-
-
Dividends
8 817
15 287
-
-
withholding
1 675
2 905
-
-
social contributions
1 674
2 936
-
-
total
3 349
5 841
-
-
Income
21 500
21 500
21 500
21 500
Total tax
9 184
9 328
9 035
6 605
After tax
12 316
12 172
12 465
14 895
Living cost
6 847
6 847
6 847
6 847
Free-cash
5 469
5 325
5 618
8 048

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
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.
₴1478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Reykjavik , Iceland
-₴3356
-₴6735
-₴3187
-₴3283
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
-
-
-
21 500
national
-
-
-
3 249
pensions
-
-
-
2 580
social contributions
-
-
-
231
municipal
-
-
-
2 097
total
-
-
-
8 157
Employee
25 887
-
18 587
-
municipal
3 197
-
2 180
-
national
4 955
-
3 378
-
pensions
1 035
-
743
-
total
9 187
-
6 301
-
Employer
25 887
-
18 587
-
pensions
2 071
-
1 487
-
social contributions
278
-
200
-
total
2 349
-
1 687
-
Corporate
-
21 500
-
-
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%.

-
4 300
-
-
total
-
4 300
-
-
Dividends
-
17 200
-
-
withholding
-
3 784
-
-
total
-
3 784
-
-
Income
21 500
21 500
21 500
21 500
Total tax
11 536
8 084
7 988
8 157
After tax
9 964
13 416
13 512
13 343
Living cost
16 699
16 699
16 699
16 699
Free-cash
-6 735
-3 283
-3 187
-3 356

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Dublin , Ireland
-₴3006
-₴5480
-₴3006
-₴4598
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
-
-
-
21 500
social contributions
-
-
-
1 638
income
-
-
-
3 220
total
-
-
-
4 858
Employee
26 980
-
21 500
-
social contributions
2 241
-
1 638
-
income
5 091
-
3 220
-
total
7 332
-
4 858
-
Employer
26 980
-
21 500
-
total
-
-
-
-
Corporate
-
21 500
-
-
income
-
2 688
-
-
total
-
2 688
-
-
Dividends
-
18 812
-
-
withholding
-
3 762
-
-
total
-
3 762
-
-
Income
21 500
21 500
21 500
21 500
Total tax
7 332
6 450
4 858
4 858
After tax
14 168
15 050
16 642
16 642
Living cost
19 648
19 648
19 648
19 648
Free-cash
-5 480
-4 598
-3 006
-3 006

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Milan , Italy
-₴2849
-₴9154
-₴4064
-₴3083
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
-
-
-
21 500
national
-
-
-
3 919
regional
-
-
-
218
social contributions
-
-
-
5 530
municipal
-
-
-
128
total
-
-
-
9 795
Employee
30 654
-
21 500
-
municipal
162
-
114
-
national
5 312
-
3 455
-
social contributions
10 337
-
7 250
-
regional
289
-
191
-
total
16 100
-
11 010
-
Employer
30 654
-
21 500
-
total
-
-
-
-
Corporate
-
21 500
-
-
nationa
-
5 160
-
-
municipal
-
838
-
-
total
-
5 998
-
-
Dividends
-
15 502
-
-
withholding
-
4 031
-
-
total
-
4 031
-
-
Income
21 500
21 500
21 500
21 500
Total tax
16 100
10 029
11 010
9 795
After tax
5 400
11 471
10 490
11 705
Living cost
14 554
14 554
14 554
14 554
Free-cash
-9 154
-3 083
-4 064
-2 849

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Naples , Italy
₴2308
₴1244
₴1101
₴2010
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
-
-
-
21 500
national
-
-
-
3 919
regional
-
-
-
324
social contributions
-
-
-
5 530
municipal
-
-
-
128
total
-
-
-
9 901
Employee
19 133
-
21 500
-
municipal
101
-
114
-
national
3 031
-
3 455
-
social contributions
6 452
-
7 250
-
regional
258
-
289
-
total
9 842
-
11 108
-
Employer
19 133
-
21 500
-
total
-
-
-
-
Corporate
2 367
21 500
-
-
nationa
568
5 160
-
-
municipal
118
1 069
-
-
total
686
6 229
-
-
Dividends
1 681
15 271
-