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
₴ 24000
per

Your estimated
City
free-cash

Valencia , Spain
₴6243
₴4639
₴4469
₴7837
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
-
-
-
24 000
unemployment
-
-
-
168
income
-
-
-
3 983
other
-
-
-
24
accident
-
-
-
216
pensions
-
-
-
6 792
total
-
-
-
11 183
Employee
11 225
-
18 199
-
unemployment
174
-
282
-
pensions
528
-
855
-
income
2 164
-
4 056
-
other
11
-
18
-
total
2 877
-
5 211
-
Employer
11 225
-
18 199
-
pensions
2 649
-
4 295
-
accident
222
-
360
-
unemployment
618
-
1 001
-
other
90
-
146
-
total
3 579
-
5 802
-
Corporate
9 197
24 000
-
-
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.

1 380
3 600
-
-
total
1 380
3 600
-
-
Dividends
7 817
20 400
-
-
withholding
1 573
4 215
-
-
total
1 573
4 215
-
-
Income
24 000
24 000
24 000
24 000
Total tax
9 409
7 815
11 013
11 183
After tax
14 591
16 185
12 987
12 817
Living cost
8 348
8 348
8 348
8 348
Free-cash
6 243
7 837
4 639
4 469

Estimated living cost  is ₴8348 per week

₴5635
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.
₴1765
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
₴7495
₴5979
₴4907
₴9544
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
-
-
-
24 000
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.

-
-
-
5 760
income
-
-
-
3 048
other
-
-
-
1 140
health
-
-
-
1 056
total
-
-
-
11 004
Employee
11 022
-
19 169
-
health
154
-
268
-
unemployment
110
-
192
-
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
-
1 342
-
income
1 898
-
3 300
-
total
2 933
-
5 102
-
Employer
11 022
-
19 169
-
health
154
-
268
-
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.

1 874
-
3 258
-
accident
88
-
153
-
unemployment
110
-
192
-
other
551
-
959
-
total
2 777
-
4 830
-
Corporate
10 200
24 000
-
-
income
2 142
5 040
-
-
total
2 142
5 040
-
-
Dividends
8 058
18 960
-
-
withholding
564
1 327
-
-
total
564
1 327
-
-
Income
24 000
24 000
24 000
24 000
Total tax
8 416
6 367
9 932
11 004
After tax
15 584
17 633
14 068
12 996
Living cost
8 089
8 089
8 089
8 089
Free-cash
7 495
9 544
5 979
4 907

Estimated living cost  is ₴8089 per week

₴5715
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.
₴1697
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
₴15126
₴14206
₴13584
₴16537
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
-
-
-
24 000
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
-
-
-
3 600
health
-
-
-
1 220
total
-
-
-
6 433
Employee
5 275
-
21 918
-
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
-
2 192
-
total
1 291
-
3 729
-
Employer
5 275
-
21 918
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
17 690
24 000
-
-
income
1 769
2 400
-
-
total
1 769
2 400
-
-
Dividends
15 921
21 600
-
-
withholding
796
1 080
-
-
total
796
1 080
-
-
Income
24 000
24 000
24 000
24 000
Total tax
4 891
3 480
5 811
6 433
After tax
19 109
20 520
18 189
17 567
Living cost
3 983
3 983
3 983
3 983
Free-cash
15 126
16 537
14 206
13 584

Estimated living cost  is ₴3983 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
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
₴3503
₴3849
₴3539
₴1709
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
-
-
-
24 000
income
-
-
-
1 351
other
-
-
-
744
health
-
-
-
207
social contributions
-
-
-
684
pensions
-
-
-
7 089
surtax
-
-
-
-
total
-
-
-
10 075
Employee
12 992
-
18 289
-
pensions
1 469
-
2 069
-
income
767
-
1 463
-
social contributions
370
-
521
-
surtax
-
-
-
-
total
2 606
-
4 053
-
Employer
12 992
-
18 289
-
health
910
-
1 280
-
social contributions
39
-
55
-
pensions
2 134
-
3 005
-
unemployment
526
-
741
-
other
448
-
631
-
total
4 057
-
5 712
-
Corporate
6 950
24 000
-
-
income
1 946
6 720
-
-
surtax
-
-
-
-
total
1 946
6 720
-
-
Dividends
5 004
17 280
-
-
social contributions
861
2 973
-
-
surtax
-
-
-
-
withholding
641
2 212
-
-
total
1 502
5 185
-
-
Income
24 000
24 000
24 000
24 000
Total tax
10 111
11 905
9 765
10 075
After tax
13 889
12 095
14 235
13 925
Living cost
10 386
10 386
10 386
10 386
Free-cash
3 503
1 709
3 849
3 539

Estimated living cost  is ₴10386 per week

₴6549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
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.
₴2816
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
-₴6144
-₴6144
₴940
-₴4440
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
-
-
-
24 000
pensions
-
-
-
3 557
income
-
-
-
3 511
health
-
-
-
3 275
total
-
-
-
10 343
Employee
25 924
25 924
25 924
-
health
3 979
3 384
3 979
-
pensions
4 666
3 557
4 666
-
income

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

4 243
4 243
4 243
-
total
12 888
11 184
12 888
-
Employer
25 924
25 924
25 924
-
health
1 802
1 802
1 802
-
pensions
1 804
1 804
1 804
-
unemployment
933
933
933
-
total
4 539
4 539
4 539
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
24 000
24 000
24 000
24 000
Total tax
17 427
15 723
17 427
10 343
After tax
6 573
8 277
6 573
13 657
Living cost
12 717
12 717
12 717
12 717
Free-cash
-6 144
-4 440
-6 144
940

Estimated living cost  is ₴12717 per week

₴9012
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.
₴2356
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
₴6317
₴8519
₴6962
₴2958
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.

-
-
-
24 000
trade
-
-
-
1 557
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.

-
-
-
3 993
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.

-
-
-
2 074
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.

-
-
-
219
total
-
-
-
7 843
Employee

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

11 611
-
24 000
-
health

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

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

2 074
-
2 074
-
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
-
3 993
-
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
-
219
-
total
2 416
-
6 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 389
24 000
-
-
income
1 858
3 600
-
-
trade
1 951
3 780
-
-
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.

102
198
-
-
chamber of commerce
64
81
-
-
total
3 975
7 659
-
-
Dividends
8 414
16 341
-
-
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.

109
218
-
-
withholding
1 988
3 970
-
-
total
2 097
4 188
-
-
Income
24 000
24 000
24 000
24 000
Total tax
8 488
11 847
6 286
7 843
After tax
15 512
12 153
17 714
16 157
Living cost
9 195
9 195
9 195
9 195
Free-cash
6 317
2 958
8 519
6 962

Estimated living cost  is ₴9195 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1072
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.
₴2167
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
₴8923
₴10375
₴10758
₴10108
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
-
-
-
24 000
income
-
-
-
1 858
health
-
-
-
612
social contributions
-
-
-
3 744
total
-
-
-
6 214
Employee
23 343
23 343
23 343
-
health
181
397
370
-
income
2 542
2 161
2 208
-
social contributions
883
1 937
1 808
-
total
3 606
4 495
4 386
-
Employer
23 343
23 343
23 343
-
health
196
432
403
-
social contributions
883
1 937
1 808
-
total
1 079
2 369
2 211
-
Corporate
12 287
-
-
-
income
1 536
-
-
-
total
1 536
-
-
-
Dividends
10 752
-
-
-
withholding
1 828
-
-
-
total
1 828
-
-
-
Income
24 000
24 000
24 000
24 000
Total tax
8 049
6 864
6 597
6 214
After tax
15 951
17 136
17 403
17 786
Living cost
7 028
7 028
7 028
7 028
Free-cash
8 923
10 108
10 375
10 758

Estimated living cost  is ₴7028 per week

₴4212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
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.
₴1971
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
₴3824
₴3086
₴4071
₴4129
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.

-
-
-
24 000
income
-
-
-
2 067
social contributions

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

-
-
-
8 340
surtax
-
-
-
-
total
-
-
-
10 407
Employee
13 962
-
19 394
-
income
2 904
-
4 653
-
social contributions
1 536
-
2 133
-
surtax
-
-
-
-
total
4 440
-
6 786
-
Employer
13 962
-
19 394
-
social contributions
3 316
-
4 606
-
total
3 316
-
4 606
-
Corporate
6 722
24 000
-
-
income
1 411
5 040
-
-
surtax
-
-
-
-
total
1 411
5 040
-
-
Dividends
5 311
18 960
-
-
withholding
1 487
5 309
-
-
total
1 487
5 309
-
-
Income
24 000
24 000
24 000
24 000
Total tax
10 654
10 349
11 392
10 407
After tax
13 346
13 651
12 608
13 593
Living cost
9 522
9 522
9 522
9 522
Free-cash
3 824
4 129
3 086
4 071

Estimated living cost  is ₴9522 per week

₴7124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
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.
₴1677
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
₴20105
₴16930
₴21490
₴20530
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%.

-
-
-
24 000
microenterprise

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

-
-
-
240
total
-
-
-
240
Employee
2 837
-
24 000
-
income
567
-
4 800
-
total
567
-
4 800
-
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%.

21 163
24 000
-
-
total
-
-
-
-
Dividends
21 163
24 000
-
-
withholding
1 058
1 200
-
-
total
1 058
1 200
-
-
Income
24 000
24 000
24 000
24 000
Total tax
1 625
1 200
4 800
240
After tax
22 375
22 800
19 200
23 760
Living cost
2 270
2 270
2 270
2 270
Free-cash
20 105
20 530
16 930
21 490

Estimated living cost  is ₴2270 per week

₴1407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
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.
₴612
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
₴5843
₴3865
₴4554
₴8382
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.

-
-
-
24 000
pensions
-
-
-
4 383
unemployment
-
-
-
36
income
-
-
-
4 524
health
-
-
-
2 361
total
-
-
-
11 304
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.

13 424
-
20 766
-
health
867
-
1 342
-
unemployment
19
-
29
-
pensions
2 081
-
3 219
-
income
2 315
-
4 169
-
total
5 282
-
8 759
-
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.

13 424
-
20 766
-
health
894
-
1 383
-
pensions
1 188
-
1 838
-
unemployment
8
-
13
-
total
2 090
-
3 234
-
Corporate
8 486
24 000
-
-
income
1 612
4 560
-
-
total
1 612
4 560
-
-
Dividends
6 874
19 440
-
-
withholding
1 031
2 916
-
-
total
1 031
2 916
-
-
Income
24 000
24 000
24 000
24 000
Total tax
10 015
7 476
11 993
11 304
After tax
13 985
16 524
12 007
12 696
Living cost
8 142
8 142
8 142
8 142
Free-cash
5 843
8 382
3 865
4 554

Estimated living cost  is ₴8142 per week

₴5588
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.
₴1875
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
₴4735
₴6508
₴2400
₴2976
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.

-
-
-
24 000
income
-
-
-
8 641
health

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

-
-
-
1 939
total
-
-
-
10 580
Employee
13 926
-
22 604
-
social contributions
1 395
-
1 396
-
income
1 511
-
3 680
-
total
2 906
-
5 076
-
Employer
13 926
-
22 604
-
social contributions
1 395
-
1 396
-
total
1 395
-
1 396
-
Corporate
8 679
24 000
-
-
income
3 038
8 400
-
-
total
3 038
8 400
-
-
Dividends
5 641
15 600
-
-
social contributions
906
1 604
-
-
total
906
1 604
-
-
Income
24 000
24 000
24 000
24 000
Total tax
8 245
10 004
6 472
10 580
After tax
15 755
13 996
17 528
13 420
Living cost
11 020
11 020
11 020
11 020
Free-cash
4 735
2 976
6 508
2 400

Estimated living cost  is ₴11020 per week

₴7259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
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.
₴2723
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
₴8362
₴9347
₴8976
₴8204
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
-
-
-
24 000
income
-
-
-
3 600
health
-
-
-
1 675
social contributions
-
-
-
3 312
total
-
-
-
8 587
Employee
10 293
-
24 000
-
health
718
-
1 675
-
income
1 717
-
3 229
-
social contributions
1 421
-
3 312
-
total
3 856
-
8 216
-
Employer
10 293
-
24 000
-
total
-
-
-
-
Corporate
13 707
24 000
-
-
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%.

686
1 200
-
-
total
686
1 200
-
-
Dividends
13 022
22 800
-
-
social contributions
1 797
3 147
-
-
withholding
1 953
3 420
-
-
health
909
1 592
-
-
total
4 659
8 159
-
-
Income
24 000
24 000
24 000
24 000
Total tax
9 201
9 359
8 216
8 587
After tax
14 799
14 641
15 784
15 413
Living cost
6 437
6 437
6 437
6 437
Free-cash
8 362
8 204
9 347
8 976

Estimated living cost  is ₴6437 per week

₴4308
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.
₴1584
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
₴4984
₴3673
₴3183
₴8018
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
-
-
-
24 000
income
-
-
-
2 063
health
-
-
-
3 240
social contributions
-
-
-
7 008
solidarity contribution
-
-
-
-
total
-
-
-
12 311
Employee
12 509
-
17 910
-
health
1 689
-
2 418
-
solidarity contribution
-
-
-
-
income
1 501
-
2 149
-
social contributions
813
-
1 164
-
total
4 003
-
5 731
-
Employer
12 509
-
17 910
-
health
1 126
-
1 612
-
social contributions
3 127
-
4 478
-
total
4 253
-
6 090
-
Corporate
7 239
24 000
-
-
income
1 375
4 560
-
-
total
1 375
4 560
-
-
Dividends
5 863
19 440
-
-
withholding
879
2 916
-
-
total
879
2 916
-
-
Income
24 000
24 000
24 000
24 000
Total tax
10 510
7 476
11 821
12 311
After tax
13 490
16 524
12 179
11 689
Living cost
8 506
8 506
8 506
8 506
Free-cash
4 984
8 018
3 673
3 183

Estimated living cost  is ₴8506 per week

₴6325
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.
₴1562
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
₴18600
₴15663
₴20223
₴19263
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%.

-
-
-
24 000
microenterprise

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

-
-
-
240
total
-
-
-
240
Employee
4 422
-
24 000
-
income
884
-
4 800
-
total
884
-
4 800
-
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%.

19 578
24 000
-
-
total
-
-
-
-
Dividends
19 578
24 000
-
-
withholding
979
1 200
-
-
total
979
1 200
-
-
Income
24 000
24 000
24 000
24 000
Total tax
1 863
1 200
4 800
240
After tax
22 137
22 800
19 200
23 760
Living cost
3 537
3 537
3 537
3 537
Free-cash
18 600
19 263
15 663
20 223

Estimated living cost  is ₴3537 per week

₴2394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴119
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.
₴876
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
-₴952
-₴427
-₴737
-₴2567
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
-
-
-
24 000
income
-
-
-
1 351
other
-
-
-
744
health
-
-
-
207
social contributions
-
-
-
684
pensions
-
-
-
7 089
surtax
-
-
-
-
total
-
-
-
10 075
Employee
19 013
-
18 289
-
pensions
2 151
-
2 069
-
income
1 659
-
1 463
-
social contributions
542
-
521
-
surtax
-
-
-
-
total
4 352
-
4 053
-
Employer
19 013
-
18 289
-
health
1 331
-
1 280
-
social contributions
57
-
55
-
pensions
3 124
-
3 005
-
unemployment
770
-
741
-
other
656
-
631
-
total
5 938
-
5 712
-
Corporate
-
24 000
-
-
income
-
6 720
-
-
surtax
-
-
-
-
total
-
6 720
-
-
Dividends
-
17 280
-
-
social contributions
-
2 973
-
-
surtax
-
-
-
-
withholding
-
2 212
-
-
total
-
5 185
-
-
Income
24 000
24 000
24 000
24 000
Total tax
10 290
11 905
9 765
10 075
After tax
13 710
12 095
14 235
13 925
Living cost
14 662
14 662
14 662
14 662
Free-cash
-952
-2 567
-427
-737

Estimated living cost  is ₴14662 per week

₴9923
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.
₴3338
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
₴10624
₴7201
₴6712
₴12110
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.

-
-
-
24 000
pensions
-
-
-
5 811
unemployment
-
-
-
335
income
-
-
-
3 610
health
-
-
-
2 302
total
-
-
-
12 058
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.

7 887
-
20 356
-
health
406
-
1 048
-
unemployment
59
-
153
-
pensions
1 104
-
2 850
-
income
1 087
-
3 874
-
total
2 656
-
7 925
-
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.

7 887
-
20 356
-
health
406
-
1 048
-
pensions
946
-
2 443
-
unemployment
59
-
153
-
total
1 411
-
3 644
-
Corporate
14 702
24 000
-
-
income
2 205
3 600
-
-
total
2 205
3 600
-
-
Dividends
12 497
20 400
-
-
withholding
1 874
3 060
-
-
total
1 874
3 060
-
-
Income
24 000
24 000
24 000
24 000
Total tax
8 146
6 660
11 569
12 058
After tax
15 854
17 340
12 431
11 942
Living cost
5 230
5 230
5 230
5 230
Free-cash
10 624
12 110
7 201
6 712

Estimated living cost  is ₴5230 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
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
-₴2764
-₴1978
-₴750
-₴9906
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
-
-
-
24 000
pensions
-
-
-
2 208
city
-
-
-
253
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.

-
-
-
480
health
-
-
-
68
regional
-
-
-
751
national
-
-
-
109
total
-
-
-
3 869
Employee
24 436
-
21 482
-
health
55
-
48
-
unemployment
-
-
-
-
city
262
-
231
-
pensions
2 053
-
1 804
-
regional
800
-
640
-
national
116
-
92
-
total
3 286
-
2 815
-
Employer
24 436
-
21 482
-
health
55
-
48
-
pensions
2 053
-
1 804
-
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.

489
-
430
-
total
2 597
-
2 282
-
Corporate
-
24 000
-
-
regional
-
5 076
-
-
national
-
2 040
-
-
total
-
7 116
-
-
Dividends
-
16 884
-
-
withholding
-
5 909
-
-
total
-
5 909
-
-
Income
24 000
24 000
24 000
24 000
Total tax
5 883
13 025
5 097
3 869
After tax
18 117
10 975
18 903
20 131
Living cost
20 881
20 881
20 881
20 881
Free-cash
-2 764
-9 906
-1 978
-750

Estimated living cost  is ₴20881 per week

₴13578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1874
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.
₴5172
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
₴3469
₴2539
₴6047
₴4697
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

-
-
-
24 000
municipal
-
-
-
4 276
health
-
-
-
243
national
-
-
-
1 779
total
-
-
-
6 298
Employee
15 971
-
20 190
-
health
119
-
184
-
unemployment
240
-
303
-
pensions
1 078
-
1 363
-
national
264
-
845
-
municipal
2 616
-
3 301
-
total
4 317
-
5 996
-
Employer
15 971
-
20 190
-
health
123
-
156
-
pensions
2 771
-
3 503
-
accident
16
-
20
-
unemployment
104
-
131
-
total
3 014
-
3 810
-
Corporate
5 015
24 000
-
-
income
1 003
4 800
-
-
total
1 003
4 800
-
-
Dividends

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

3 009
14 400
-
-
municipal
542
2 592
-
-
national
-
256
-
-
total
542
2 848
-
-
Income
24 000
24 000
24 000
24 000
Total tax
8 876
7 648
9 806
6 298
After tax
15 124
16 352
14 194
17 702
Living cost
11 655
11 655
11 655
11 655
Free-cash
3 469
4 697
2 539
6 047

Estimated living cost  is ₴11655 per week

₴7613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
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.
₴2736
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
-₴4036
-₴1332
₴843
₴2414
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
-
-
-
24 000
communal

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

-
-
-
1 236
social contributions
-
-
-
3 401
national
-
-
-
7 451
total
-
-
-
12 088
Employee

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

21 714
-
18 588
-
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.

1 020
-
873
-
communal

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

1 133
-
970
-
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
-
162
-
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.

1 629
-
1 394
-
national
6 676
-
5 453
-
total
10 647
-
8 852
-
Employer

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

21 714
-
18 588
-
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.

1 335
-
1 143
-
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.

1 924
-
1 647
-
surtax
2 462
-
2 108
-
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
-
242
-
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
-
271
-
total
6 320
-
5 411
-
Corporate
-
24 000
-
-
income
-
4 800
-
-
surtax
-
96
-
-
total
-
4 896
-
-
Dividends
-
19 104
-
-
withholding

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

-
5 621
-
-
total
-
5 621
-
-
Income
24 000
24 000
24 000
24 000
Total tax
16 967
10 517
14 263
12 088
After tax
7 033
13 483
9 737
11 912
Living cost
11 069
11 069
11 069
11 069
Free-cash
-4 036
2 414
-1 332
843

Estimated living cost  is ₴11069 per week

₴7130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
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.
₴2798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
-₴503
-₴269
-₴1121
₴19
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
-
-
-
24 000
unemployment
-
-
-
24
municipal
-
-
-
5 083
other
-
-
-
2 789
health
-
-
-
1 498
national
-
-
-
-
accident
-
-
-
48
pensions
-
-
-
2 594
total
-
-
-
12 036
Employee
18 644
-
18 262
-
national
-
-
-
-
municipal
5 560
-
5 446
-
total
5 560
-
5 446
-
Employer
18 644
-
18 262
-
health
1 147
-
1 123
-
pensions
2 015
-
1 974
-
accident
37
-
37
-
unemployment
492
-
482
-
other
2 167
-
2 122
-
total
5 858
-
5 738
-
Corporate
-
24 000
-
-
income
-
5 280
-
-
total
-
5 280
-
-
Dividends
-
18 720
-
-
withholding
-
5 616
-
-
total
-
5 616
-
-
Income
24 000
24 000
24 000
24 000
Total tax
11 418
10 896
11 184
12 036
After tax
12 582
13 104
12 816
11 964
Living cost
13 085
13 085
13 085
13 085
Free-cash
-503
19
-269
-1 121

Estimated living cost  is ₴13085 per week

₴8672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2930
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
-₴25877
₴5165
₴2152
₴168
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
-
-
-
24 000
income
-
-
-
4 678
social contributions
-
-
-
2 736
total
-
-
-
7 414
Employee
20 696
-
-
-
income
4 565
-
-
-
social contributions
1 697
-
242
-
total
6 262
-
242
-
Employer
20 696
-
-
-
social contributions
29 181
-
4 159
-
total
29 181
-
4 159
-
Corporate
-
24 000
-
-
income
-
5 280
-
-
total
-
5 280
-
-
Dividends
-
18 720
-
-
income
-
4 118
-
-
total
-
4 118
-
-
Income
24 000
24 000
24 000
24 000
Total tax
35 443
9 398
4 401
7 414
After tax
-11 443
14 602
19 599
16 586
Living cost
14 434
14 434
14 434
14 434
Free-cash
-25 877
168
5 165
2 152

Estimated living cost  is ₴14434 per week

₴9365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴3527
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
₴6500
₴7557
₴7940
₴7290
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
-
-
-
24 000
income
-
-
-
1 858
health
-
-
-
612
social contributions
-
-
-
3 744
total
-
-
-
6 214
Employee
23 343
23 343
23 343
-
health
232
397
370
-
income
2 451
2 161
2 208
-
social contributions
1 134
1 937
1 808
-
total
3 817
4 495
4 386
-
Employer
23 343
23 343
23 343
-
health
253
432
403
-
social contributions
1 134
1 937
1 808
-
total
1 387
2 369
2 211
-
Corporate
8 949
-
-
-
income
1 119
-
-
-
total
1 119
-
-
-
Dividends
7 830
-
-
-
withholding
1 331
-
-
-
total
1 331
-
-
-
Income
24 000
24 000
24 000
24 000
Total tax
7 654
6 864
6 597
6 214
After tax
16 346
17 136
17 403
17 786
Living cost
9 846
9 846
9 846
9 846
Free-cash
6 500
7 290
7 557
7 940

Estimated living cost  is ₴9846 per week

₴6731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
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.
₴2181
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
₴5435
₴4309
₴6971
₴7089
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
-
-
-
24 000
income
-
-
-
4 466
pensions
-
-
-
1 670
total
-
-
-
6 136
Employee
14 953
-
21 221
-
health
195
-
324
-
pensions
1 141
-
1 894
-
income
2 723
-
3 801
-
total
4 059
-
6 019
-
Employer
14 953
-
21 221
-
health
284
-
403
-
pensions
1 511
-
2 376
-
total
1 795
-
2 779
-
Corporate
7 252
24 000
-
-
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.

1 378
4 560
-
-
total
1 378
4 560
-
-
Dividends
5 875
19 440
-
-
withholding
440
1 458
-
-
total
440
1 458
-
-
Income
24 000
24 000
24 000
24 000
Total tax
7 672
6 018
8 798
6 136
After tax
16 328
17 982
15 202
17 864
Living cost
10 893
10 893
10 893
10 893
Free-cash
5 435
7 089
4 309
6 971

Estimated living cost  is ₴10893 per week

₴7473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
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.
₴2282
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
-₴1581
-₴626
₴498
₴548
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
-
-
-
24 000
municipal
-
-
-
161
regional
-
-
-
421
social contributions
-
-
-
6 173
national
-
-
-
4 654
total
-
-
-
11 409
Employee
25 581
-
24 000
-
social contributions
8 626
-
8 093
-
regional
386
-
348
-
national
4 323
-
3 949
-
municipal
153
-
143
-
total
13 488
-
12 533
-
Employer
25 581
-
24 000
-
total
-
-
-
-
Corporate
-
24 000
-
-
nationa
-
5 760
-
-
municipal
-
1 157
-
-
total
-
6 917
-
-
Dividends
-
17 083
-
-
withholding
-
4 442
-
-
total
-
4 442
-
-
Income
24 000
24 000
24 000
24 000
Total tax
13 488
11 359
12 533
11 409
After tax
10 512
12 641
11 467
12 591
Living cost
12 093
12 093
12 093
12 093
Free-cash
-1 581
548
-626
498

Estimated living cost  is ₴12093 per week

₴8495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴2584
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
₴938
₴5521
₴9954
-₴4612
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
-
-
-
24 000
pensions
-
-
-
1 240
income
-
-
-
5 415
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
7 490
Employee
10 313
-
19 937
-
health
1 181
-
2 283
-
pensions
1 161
-
2 245
-
income
1 415
-
3 331
-
total
3 757
-
7 859
-
Employer
10 313
-
19 937
-
pensions
1 677
-
3 242
-
accident
172
-
333
-
unemployment
253
-
489
-
total
2 102
-
4 064
-
Corporate
11 585
24 000
-
-
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.

10 427
21 600
-
-
total
10 427
21 600
-
-
Dividends
1 159
2 400
-
-
withholding
220
456
-
-
total
220
456
-
-
Income
24 000
24 000
24 000
24 000
Total tax
16 506
22 056
11 923
7 490
After tax
7 494
1 944
12 077
16 510
Living cost
6 556
6 556
6 556
6 556
Free-cash
938
-4 612
5 521
9 954

Estimated living cost  is ₴6556 per week

₴4805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
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.
₴1251
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
₴4651
₴5994
₴4575
₴680
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.

-
-
-
24 000
trade
-
-
-
1 419
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.

-
-
-
3 993
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.

-
-
-
2 074
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.

-
-
-
219
total
-
-
-
7 705
Employee

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

15 104
-
24 000
-
health

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

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

2 074
-
2 074
-
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.

1 242
-
3 993
-
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
-
219
-
total
3 385
-
6 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 896
24 000
-
-
income
1 334
3 600
-
-
trade
1 277
3 444
-
-
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.

73
198
-
-
chamber of commerce
59
81
-
-
total
2 743
7 323
-
-
Dividends
6 152
16 677
-
-
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
223
-
-
withholding
1 423
4 054
-
-
total
1 501
4 277
-
-
Income
24 000
24 000
24 000
24 000
Total tax
7 629
11 600
6 286
7 705
After tax
16 371
12 400
17 714
16 295
Living cost
11 720
11 720
11 720
11 720
Free-cash
4 651
680
5 994
4 575

Estimated living cost  is ₴11720 per week

₴8085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
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.
₴2204
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
₴10393
₴7285
₴6569
₴12884
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.

-
-
-
24 000
income
-
-
-
3 399
microenterprise
-
-
-
-
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.

-
-
-
7 716
surtax
-
-
-
-
total
-
-
-
11 115
Employee
8 870
-
19 341
-
income
1 579
-
3 613
-
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.

976
-
2 127
-
surtax
-
-
-
-
total
2 555
-
5 740
-
Employer
8 870
-
19 341
-
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.

2 137
-
4 659
-
surtax
-
-
-
-
total
2 137
-
4 659
-
Corporate
12 993
24 000
-
-
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%.

2 599
4 800
-
-
total
2 599
4 800
-
-
Dividends

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

10 394
19 200
-
-
total
-
-
-
-
Income
24 000
24 000
24 000
24 000
Total tax
7 291
4 800
10 399
11 115
After tax
16 709
19 200
13 601
12 885
Living cost
6 316
6 316
6 316
6 316
Free-cash
10 393
12 884
7 285
6 569

Estimated living cost  is ₴6316 per week

₴4029
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.
₴1542
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
₴10508
₴9234
₴9507
₴11137
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
-
-
-
24 000
income
-
-
-
5 824
health
-
-
-
2 030
pensions
-
-
-
2 800
total
-
-
-
10 654
Employee
5 847
-
20 850
-
health
292
-
700
-
unemployment
58
-
140
-
pensions
526
-
1 260
-
income
1 131
-
5 677
-
total
2 007
-
7 777
-
Employer
5 847
-
20 850
-
health
555
-
1 330
-
pensions
643
-
1 540
-
unemployment
117
-
280
-
total
1 315
-
3 150
-
Corporate
16 837
24 000
-
-
income
3 704
5 280
-
-
total
3 704
5 280
-
-
Dividends
13 133
18 720
-
-
withholding
2 627
3 744
-
-
total
2 627
3 744
-
-
Income
24 000
24 000
24 000
24 000
Total tax
9 653
9 024
10 927
10 654
After tax
14 347
14 976
13 073
13 346
Living cost
3 839
3 839
3 839
3 839
Free-cash
10 508
11 137
9 234
9 507

Estimated living cost  is ₴3839 per week

₴2281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
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.
₴1158
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
₴7313
₴5659
₴6180
₴8277
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
-
-
-
24 000
pensions
-
-
-
4 800
unemployment
-
-
-
69
income
-
-
-
4 029
other
-
-
-
-
health
-
-
-
1 704
surtax
-
-
-
399
total
-
-
-
11 001
Employee
10 223
-
19 826
-
health
261
-
506
-
unemployment
711
-
1 380
-
pensions
682
-
1 323
-
income
1 714
-
3 783
-
other
-
-
-
-
surtax
36
-
356
-
total
3 404
-
7 348
-
Employer
10 223
-
19 826
-
health
465
-
902
-
pensions
1 363
-
2 643
-
unemployment
324
-
629
-
other
-
-
-
-
total
2 152
-
4 174
-
Corporate
11 625
24 000
-
-
income
3 022
6 240
-
-
total
3 022
6 240
-
-
Dividends
8 602
17 760
-
-
withholding
1 290
2 664
-
-
total
1 290
2 664
-
-
Income
24 000
24 000
24 000
24 000
Total tax
9 868
8 904
11 522
11 001
After tax
14 132
15 096
12 478
12 999
Living cost
6 819
6 819
6 819
6 819
Free-cash
7 313
8 277
5 659
6 180

Estimated living cost  is ₴6819 per week

₴4117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
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.
₴1951
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
₴3760
-₴1515
₴3150
₴3909
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
-
-
-
24 000
pensions
-
-
-
4 440
chamber of commerce
-
-
-
96
unemployment
-
-
-
1 862
income
-
-
-
2 931
health
-