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
₴ 2500
per

Your estimated
City
free-cash

Dresden , Germany
-₴16829
-₴13905
-₴16259
-₴16259
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.

-
-
-
2 500
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
3 452
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.

-
-
-
-
total
-
-
-
3 452
Employee

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

19 329
-
2 500
-
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.

30
-
-
-
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.

3 452
-
3 452
-
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.

540
-
-
-
total
4 022
-
3 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
trade
-
394
-
-
income
-
375
-
-
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.

-
21
-
-
chamber of commerce
-
81
-
-
total
-
871
-
-
Dividends
-
1 629
-
-
withholding
-
215
-
-
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.

-
12
-
-
total
-
227
-
-
Income
2 500
2 500
2 500
2 500
Total tax
4 022
1 098
3 452
3 452
After tax
-1 522
1 402
-952
-952
Living cost
15 307
15 307
15 307
15 307
Free-cash
-16 829
-13 905
-16 259
-16 259

Estimated living cost  is ₴15307 per week

₴9628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴3608
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
Reykjavik , Iceland
-₴41524
-₴24477
-₴23819
-₴23864
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
-
-
-
2 500
social contributions
-
-
-
27
pensions
-
-
-
300
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
327
Employee
40 362
-
2 161
-
national
7 725
-
-
-
municipal
4 985
-
-
-
pensions
1 614
-
86
-
total
14 324
-
86
-
Employer
40 362
-
2 161
-
pensions
3 229
-
173
-
social contributions
434
-
23
-
total
3 663
-
196
-
Corporate
-
2 500
-
-
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%.

-
500
-
-
total
-
500
-
-
Dividends
-
2 000
-
-
withholding
-
440
-
-
total
-
440
-
-
Income
2 500
2 500
2 500
2 500
Total tax
17 987
940
282
327
After tax
-15 487
1 560
2 218
2 173
Living cost
26 037
26 037
26 037
26 037
Free-cash
-41 524
-24 477
-23 819
-23 864

Estimated living cost  is ₴26037 per week

₴17697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴390
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.
₴5530
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
Riga , Latvia
-₴15825
-₴8514
-₴9903
-₴9980
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.

-
-
-
2 500
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.

-
-
-
1 591
income
-
-
-
-
microenterprise
-
-
-
375
surtax
-
-
-
-
total
-
-
-
1 966
Employee
14 767
-
1 308
-
surtax
-
-
-
-
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.

1 625
-
545
-
income
2 629
-
152
-
total
4 254
-
697
-
Employer
14 767
-
1 308
-
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.

3 557
-
1 192
-
surtax
-
-
-
-
total
3 557
-
1 192
-
Corporate
-
2 500
-
-
income

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

-
500
-
-
total
-
500
-
-
Dividends

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

-
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 811
500
1 889
1 966
After tax
-5 311
2 000
611
534
Living cost
10 514
10 514
10 514
10 514
Free-cash
-15 825
-8 514
-9 903
-9 980

Estimated living cost  is ₴10514 per week

₴6707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2566
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 Riga model

Close
Rotterdam , Netherlands
-₴47684
-₴44847
-₴47684
-₴19731
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
-
-
-
2 500
income
-
-
-
225
pensions
-
-
-
451
health
-
-
-
385
total
-
-
-
1 061
Employee
43 155
43 155
43 155
-
health
6 624
5 634
6 624
-
pensions
7 768
5 921
7 768
-
income

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

7 064
7 064
7 064
-
total
21 456
18 619
21 456
-
Employer
43 155
43 155
43 155
-
pensions
3 004
3 004
3 004
-
unemployment
1 554
1 554
1 554
-
health
3 000
3 000
3 000
-
total
7 558
7 558
7 558
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
29 014
26 177
29 014
1 061
After tax
-26 514
-23 677
-26 514
1 439
Living cost
21 170
21 170
21 170
21 170
Free-cash
-47 684
-44 847
-47 684
-19 731

Estimated living cost  is ₴21170 per week

₴15003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴337
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.
₴3922
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 Rotterdam model

Close
Stockholm , Sweden
-₴37087
-₴19775
-₴19805
-₴19894
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
-
-
-
2 500
other
-
-
-
291
unemployment
-
-
-
2
pensions
-
-
-
270
municipal
-
-
-
530
accident
-
-
-
5
national
-
-
-
-
health
-
-
-
156
total
-
-
-
1 254
Employee
30 123
-
1 902
-
national
-
-
-
-
municipal
8 983
-
567
-
total
8 983
-
567
-
Employer
30 123
-
1 902
-
other
3 500
-
221
-
accident
60
-
4
-
pensions
3 256
-
206
-
unemployment
795
-
50
-
health
1 853
-
117
-
total
9 464
-
598
-
Corporate
-
2 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
1 950
-
-
withholding
-
585
-
-
total
-
585
-
-
Income
2 500
2 500
2 500
2 500
Total tax
18 447
1 135
1 165
1 254
After tax
-15 947
1 365
1 335
1 246
Living cost
21 140
21 140
21 140
21 140
Free-cash
-37 087
-19 775
-19 805
-19 894

Estimated living cost  is ₴21140 per week

₴14011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴321
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.
₴4734
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 Stockholm model

Close
Hamburg , Germany
-₴23127
-₴18463
-₴20804
-₴20804
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.

-
-
-
2 500
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
3 452
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.

-
-
-
-
total
-
-
-
3 452
Employee

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

25 628
-
2 500
-
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.

121
-
-
-
health

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

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

3 452
-
3 452
-
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.

2 202
-
-
-
total
5 775
-
3 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
trade
-
411
-
-
income
-
375
-
-
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.

-
21
-
-
chamber of commerce
-
81
-
-
total
-
888
-
-
Dividends
-
1 612
-
-
withholding
-
211
-
-
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.

-
12
-
-
total
-
223
-
-
Income
2 500
2 500
2 500
2 500
Total tax
5 775
1 111
3 452
3 452
After tax
-3 275
1 389
-952
-952
Living cost
19 852
19 852
19 852
19 852
Free-cash
-23 127
-18 463
-20 804
-20 804

Estimated living cost  is ₴19852 per week

₴13277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
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.
₴4185
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
Limassol , Cyprus
-₴22555
-₴25318
-₴20901
-₴17378
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
-
-
-
19 211
social contributions
-
-
-
2 997
income
-
-
-
-
health
-
-
-
490
total
-
-
-
3 487
Employee
38 859
38 859
38 859
-
health
386
661
222
-
social contributions
1 888
3 225
1 088
-
income
4 081
3 597
4 369
-
total
6 355
7 483
5 679
-
Employer
38 859
38 859
38 859
-
social contributions
1 888
3 225
1 088
-
health
421
719
243
-
total
2 309
3 944
1 331
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 664
11 427
7 010
3 487
After tax
-6 164
-8 927
-4 510
-987
Living cost
16 391
16 391
16 391
16 391
Free-cash
-22 555
-25 318
-20 901
-17 378

Estimated living cost  is ₴16391 per week

₴11205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴3631
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
Budapest , Hungary
-₴13722
-₴9616
-₴9177
-₴7928
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
-
-
-
2 500
unemployment
-
-
-
62
income
-
-
-
260
pensions
-
-
-
413
health
-
-
-
289
total
-
-
-
1 024
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.

13 575
5 403
5 403
-
unemployment
204
81
62
-
health
950
378
291
-
pensions
1 357
540
415
-
income
1 660
660
695
-
total
4 171
1 659
1 463
-
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.

13 575
5 403
5 403
-
pensions
2 647
1 053
810
-
total
2 647
1 053
810
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
6 818
2 712
2 273
1 024
After tax
-4 318
-212
227
1 476
Living cost
9 404
9 404
9 404
9 404
Free-cash
-13 722
-9 616
-9 177
-7 928

Estimated living cost  is ₴9404 per week

₴6417
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.
₴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.
₴2029
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
Tallinn , Estonia
-₴16681
-₴10206
-₴11858
-₴11605
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
-
-
-
2 500
income
-
-
-
-
pensions
-
-
-
1 151
health
-
-
-
748
total
-
-
-
1 899
Employee
14 336
-
555
-
unemployment
229
-
92
-
pensions
287
-
115
-
income
1 614
-
-
-
total
2 130
-
207
-
Employer
14 336
-
555
-
pensions
2 867
-
1 151
-
unemployment
115
-
46
-
health
1 863
-
748
-
total
4 845
-
1 945
-
Corporate
-
2 500
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
6 975
500
2 152
1 899
After tax
-4 475
2 000
348
601
Living cost
12 206
12 206
12 206
12 206
Free-cash
-16 681
-10 206
-11 858
-11 605

Estimated living cost  is ₴12206 per week

₴8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2862
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
Gdansk , Poland
-₴19031
-₴11168
-₴10051
-₴12470
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
-
-
-
2 500
other
-
-
-
192
income
-
-
-
-
pensions
-
-
-
2 150
accident
-
-
-
131
health
-
-
-
1 127
total
-
-
-
3 600
Employee
17 886
-
2 077
-
health
2 048
-
238
-
pensions
2 014
-
234
-
income
2 454
-
285
-
total
6 516
-
757
-
Employer
17 886
-
2 077
-
accident
299
-
35
-
pensions
2 908
-
338
-
unemployment
438
-
51
-
total
3 645
-
424
-
Corporate
-
2 500
-
-
income

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

-
2 250
-
-
total
-
2 250
-
-
Dividends
-
250
-
-
withholding
-
48
-
-
total
-
48
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 161
2 298
1 181
3 600
After tax
-7 661
202
1 319
-1 100
Living cost
11 370
11 370
11 370
11 370
Free-cash
-19 031
-11 168
-10 051
-12 470

Estimated living cost  is ₴11370 per week

₴8333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2170
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.

Source of data for Gdansk model

Close
Batumi , Georgia
-₴2682
-₴1771
-₴2146
-₴1671
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
5 183
-
2 500
-
income
1 036
-
500
-
total
1 036
-
500
-
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%.

-
2 500
-
-
total
-
-
-
-
Dividends
-
2 500
-
-
withholding
-
125
-
-
total
-
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 036
125
500
25
After tax
1 464
2 375
2 000
2 475
Living cost
4 146
4 146
4 146
4 146
Free-cash
-2 682
-1 771
-2 146
-1 671

Estimated living cost  is ₴4146 per week

₴2570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴114
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.
₴1118
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
Bratislava , Slovakia
-₴20474
-₴11629
-₴12101
-₴12915
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
-
-
-
2 500
other
-
-
-
261
income
-
-
-
129
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.

-
-
-
1 317
health
-
-
-
242
total
-
-
-
1 949
Employee
18 349
-
1 859
-
unemployment
183
-
18
-
health
257
-
26
-
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.

1 284
-
130
-
income
3 159
-
320
-
total
4 883
-
494
-
Employer
18 349
-
1 859
-
other
918
-
266
-
accident
147
-
15
-
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.

3 120
-
316
-
unemployment
183
-
18
-
health
257
-
26
-
total
4 625
-
641
-
Corporate
-
2 500
-
-
income
-
525
-
-
total
-
525
-
-
Dividends
-
1 975
-
-
withholding
-
138
-
-
total
-
138
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 508
663
1 135
1 949
After tax
-7 008
1 837
1 365
551
Living cost
13 466
13 466
13 466
13 466
Free-cash
-20 474
-11 629
-12 101
-12 915

Estimated living cost  is ₴13466 per week

₴9514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
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.
₴2825
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 Bratislava model

Close
London , United Kingdom
-₴51611
-₴31762
-₴31673
-₴31635
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
-
-
-
2 500
income
-
-
-
500
pensions
-
-
-
-
total
-
-
-
500
Employee
47 589
-
2 453
-
health
784
-
-
-
pensions
4 591
-
-
-
income
8 578
-
491
-
total
13 953
-
491
-
Employer
47 589
-
2 453
-
pensions
5 619
-
-
-
health
904
-
47
-
total
6 523
-
47
-
Corporate
-
2 500
-
-
income

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

-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
152
-
-
total
-
152
-
-
Income
2 500
2 500
2 500
2 500
Total tax
20 476
627
538
500
After tax
-17 976
1 873
1 962
2 000
Living cost
33 635
33 635
33 635
33 635
Free-cash
-51 611
-31 762
-31 673
-31 635

Estimated living cost  is ₴33635 per week

₴25204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴4207
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.

Source of data for London model

Close
Varna , Bulgaria
-₴8028
-₴4509
-₴5457
-₴5403
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
-
-
-
2 500
unemployment
-
-
-
13
income
-
-
-
375
pensions

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

-
-
-
489
health
-
-
-
380
total
-
-
-
1 257
Employee
8 800
-
1 851
-
accident

We are using the highest rate at 1.1%.

97
-
36
-
health
405
-
152
-
pensions

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

773
-
290
-
income
880
-
185
-
total
2 155
-
663
-
Employer
8 800
-
1 851
-
accident

We are using the highest rate at 1.1%.

97
-
36
-
pensions

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

970
-
364
-
unemployment
53
-
20
-
health
607
-
228
-
total
1 727
-
648
-
Corporate
-
2 500
-
-
income
-
250
-
-
total
-
250
-
-
Dividends
-
2 250
-
-
withholding
-
113
-
-
total
-
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
3 882
363
1 311
1 257
After tax
-1 382
2 137
1 189
1 243
Living cost
6 646
6 646
6 646
6 646
Free-cash
-8 028
-4 509
-5 457
-5 403

Estimated living cost  is ₴6646 per week

₴3880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴2115
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
Amsterdam , Netherlands
-₴52557
-₴51700
-₴54537
-₴26584
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
-
-
-
2 500
income
-
-
-
225
pensions
-
-
-
451
health
-
-
-
385
total
-
-
-
1 061
Employee
46 853
43 155
43 155
-
health
5 845
5 634
6 624
-
pensions
5 921
5 921
7 768
-
income

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

7 064
7 064
7 064
-
total
18 830
18 619
21 456
-
Employer
46 853
43 155
43 155
-
pensions
3 261
3 004
3 004
-
unemployment
1 687
1 554
1 554
-
health
3 256
3 000
3 000
-
total
8 204
7 558
7 558
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
27 034
26 177
29 014
1 061
After tax
-24 534
-23 677
-26 514
1 439
Living cost
28 023
28 023
28 023
28 023
Free-cash
-52 557
-51 700
-54 537
-26 584

Estimated living cost  is ₴28023 per week

₴20671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴321
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.
₴4527
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 Amsterdam model

Close
Brno , Czech Republic
-₴22403
-₴10916
-₴11368
-₴11419
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
-
-
-
2 500
social contributions
-
-
-
730
income
-
-
-
215
health
-
-
-
337
solidarity contribution
-
-
-
-
total
-
-
-
1 282
Employee
18 584
-
1 866
-
solidarity contribution
-
-
-
-
health
2 509
-
252
-
social contributions
1 208
-
121
-
income
2 230
-
224
-
total
5 947
-
597
-
Employer
18 584
-
1 866
-
social contributions
4 646
-
466
-
health
1 673
-
168
-
total
6 319
-
634
-
Corporate
-
2 500
-
-
income
-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 266
779
1 231
1 282
After tax
-9 766
1 721
1 269
1 218
Living cost
12 637
12 637
12 637
12 637
Free-cash
-22 403
-10 916
-11 368
-11 419

Estimated living cost  is ₴12637 per week

₴8778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴2712
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
Milan , Italy
-₴42413
-₴19991
-₴23959
-₴22741
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
-
-
-
2 500
regional
-
-
-
-
social contributions
-
-
-
3 917
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
3 917
Employee
44 913
-
2 500
-
national
7 782
-
-
-
regional
424
-
-
-
municipal
238
-
-
-
social contributions
15 145
-
5 135
-
total
23 589
-
5 135
-
Employer
44 913
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
nationa
-
600
-
-
municipal
-
98
-
-
total
-
698
-
-
Dividends
-
1 802
-
-
withholding
-
469
-
-
total
-
469
-
-
Income
2 500
2 500
2 500
2 500
Total tax
23 589
1 167
5 135
3 917
After tax
-21 089
1 333
-2 635
-1 417
Living cost
21 324
21 324
21 324
21 324
Free-cash
-42 413
-19 991
-23 959
-22 741

Estimated living cost  is ₴21324 per week

₴14865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴4734
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
Thessaloniki , Greece
-₴17728
-₴9578
-₴11162
-₴10706
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
-
-
-
2 500
other
-
-
-
-
unemployment
-
-
-
115
income
-
-
-
111
pensions
-
-
-
1 349
health
-
-
-
480
surtax
-
-
-
-
total
-
-
-
2 055
Employee
16 712
-
1 081
-
surtax
55
-
-
-
unemployment
1 163
-
469
-
other
-
-
-
-
health
427
-
172
-
pensions
1 114
-
450
-
income
2 801
-
-
-
total
5 560
-
1 091
-
Employer
16 712
-
1 081
-
other
-
-
-
-
pensions
2 228
-
899
-
unemployment
529
-
214
-
health
760
-
307
-
total
3 517
-
1 420
-
Corporate
-
2 500
-
-
income
-
650
-
-
total
-
650
-
-
Dividends
-
1 850
-
-
withholding
-
277
-
-
total
-
277
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 077
927
2 511
2 055
After tax
-6 577
1 573
-11
445
Living cost
11 151
11 151
11 151
11 151
Free-cash
-17 728
-9 578
-11 162
-10 706

Estimated living cost  is ₴11151 per week

₴6819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3047
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
Cambridge , United Kingdom
-₴33451
-₴21106
-₴21017
-₴20979
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
-
-
-
2 500
income
-
-
-
500
pensions
-
-
-
-
total
-
-
-
500
Employee
31 893
-
2 453
-
health
463
-
-
-
pensions
2 707
-
-
-
income
5 744
-
491
-
total
8 914
-
491
-
Employer
31 893
-
2 453
-
pensions
3 452
-
-
-
health
606
-
47
-
total
4 058
-
47
-
Corporate
-
2 500
-
-
income

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

-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
152
-
-
total
-
152
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 972
627
538
500
After tax
-10 472
1 873
1 962
2 000
Living cost
22 979
22 979
22 979
22 979
Free-cash
-33 451
-21 106
-21 017
-20 979

Estimated living cost  is ₴22979 per week

₴17216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴3800
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.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴48947
-₴38996
-₴39610
-₴38075
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
-
-
-
2 500
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.

-
-
-
49
city
-
-
-
25
regional
-
-
-
-
pensions
-
-
-
230
national
-
-
-
-
health
-
-
-
131
total
-
-
-
435
Employee
46 975
-
1 487
-
national
222
-
-
-
unemployment
-
-
-
-
city
504
-
6
-
regional
1 538
-
-
-
health
106
-
3
-
pensions
3 946
-
964
-
total
6 316
-
973
-
Employer
46 975
-
1 487
-
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.

939
-
30
-
pensions
3 946
-
964
-
unemployment
-
-
-
-
health
106
-
3
-
total
4 991
-
997
-
Corporate
-
2 500
-
-
regional
-
529
-
-
national
-
212
-
-
total
-
741
-
-
Dividends
-
1 759
-
-
withholding
-
615
-
-
total
-
615
-
-
Income
2 500
2 500
2 500
2 500
Total tax
11 307
1 356
1 970
435
After tax
-8 807
1 144
530
2 065
Living cost
40 140
40 140
40 140
40 140
Free-cash
-48 947
-38 996
-39 610
-38 075

Estimated living cost  is ₴40140 per week

₴26103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴493
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.
₴9943
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.

Source of data for Zurich model

Close
Munich , Germany
-₴27871
-₴21775
-₴24103
-₴24103
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.

-
-
-
2 500
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
3 452
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.

-
-
-
-
total
-
-
-
3 452
Employee

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

30 371
-
2 500
-
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.

197
-
-
-
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.

3 452
-
3 452
-
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.

3 571
-
-
-
total
7 220
-
3 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
trade
-
429
-
-
income
-
375
-
-
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.

-
21
-
-
chamber of commerce
-
81
-
-
total
-
906
-
-
Dividends
-
1 595
-
-
withholding
-
206
-
-
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.

-
12
-
-
total
-
218
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 220
1 124
3 452
3 452
After tax
-4 720
1 376
-952
-952
Living cost
23 151
23 151
23 151
23 151
Free-cash
-27 871
-21 775
-24 103
-24 103

Estimated living cost  is ₴23151 per week

₴16908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4090
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
Nice , France
-₴25882
-₴16030
-₴15657
-₴16892
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
-
-
-
2 500
other
-
-
-
78
social contributions
-
-
-
71
income
-
-
-
-
pensions
-
-
-
1 819
health
-
-
-
134
surtax
-
-
-
-
total
-
-
-
2 102
Employee
21 628
-
1 904
-
surtax
-
-
-
-
pensions
2 445
-
216
-
social contributions
617
-
55
-
income
1 276
-
-
-
total
4 338
-
271
-
Employer
21 628
-
1 904
-
other
746
-
66
-
pensions
3 553
-
314
-
unemployment
876
-
77
-
social contributions
65
-
6
-
health
1 514
-
133
-
total
6 754
-
596
-
Corporate
-
2 500
-
-
income
-
700
-
-
surtax
-
-
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
withholding
-
230
-
-
social contributions
-
310
-
-
surtax
-
-
-
-
total
-
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
11 092
1 240
867
2 102
After tax
-8 592
1 260
1 633
398
Living cost
17 290
17 290
17 290
17 290
Free-cash
-25 882
-16 030
-15 657
-16 892

Estimated living cost  is ₴17290 per week

₴10902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴4689
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
Marseille , France
-₴22836
-₴14317
-₴13944
-₴15179
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
-
-
-
2 500
other
-
-
-
78
social contributions
-
-
-
71
income
-
-
-
-
pensions
-
-
-
1 819
health
-
-
-
134
surtax
-
-
-
-
total
-
-
-
2 102
Employee
19 306
-
1 904
-
surtax
-
-
-
-
pensions
2 184
-
216
-
social contributions
550
-
55
-
income
995
-
-
-
total
3 729
-
271
-
Employer
19 306
-
1 904
-
other
667
-
66
-
pensions
3 172
-
314
-
unemployment
782
-
77
-
social contributions
58
-
6
-
health
1 351
-
133
-
total
6 030
-
596
-
Corporate
-
2 500
-
-
income
-
700
-
-
surtax
-
-
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
withholding
-
230
-
-
social contributions
-
310
-
-
surtax
-
-
-
-
total
-
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 759
1 240
867
2 102
After tax
-7 259
1 260
1 633
398
Living cost
15 577
15 577
15 577
15 577
Free-cash
-22 836
-14 317
-13 944
-15 179

Estimated living cost  is ₴15577 per week

₴9034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4666
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
Vilnius , Lithuania
-₴15962
-₴10025
-₴9543
-₴9918
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
-
-
-
2 500
social contributions
-
-
-
881
income
-
-
-
375
health
-
-
-
446
total
-
-
-
1 702
Employee
17 135
-
2 500
-
health
1 196
-
446
-
social contributions
2 365
-
881
-
income
2 858
-
-
-
total
6 419
-
1 327
-
Employer
17 135
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
income

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

-
125
-
-
total
-
125
-
-
Dividends
-
2 375
-
-
health
446
446
-
-
withholding
-
357
-
-
social contributions
881
881
-
-
total
1 327
1 684
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 746
1 809
1 327
1 702
After tax
-5 246
691
1 173
798
Living cost
10 716
10 716
10 716
10 716
Free-cash
-15 962
-10 025
-9 543
-9 918

Estimated living cost  is ₴10716 per week

₴7171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2636
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 Vilnius model

Close
Vienna , Austria
-₴30604
-₴26815
-₴21657
-₴19835
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
-
-
-
2 500
chamber of commerce
-
-
-
10
unemployment
-
-
-
3 100
income
-
-
-
-
pensions
-
-
-
932
health
-
-
-
386
surtax
-
-
-
100
total
-
-
-
4 528
Employee
25 255
20 139
20 139
-
unemployment
758
604
152
-
other
252
201
51
-
health
977
780
195
-
pensions
2 586
2 062
516
-
income
2 875
1 485
2 366
-
total
7 448
5 132
3 280
-
Employer
25 255
20 139
20 139
-
payroll
758
604
604
-
other
1 200
956
829
-
accident
328
262
-
-
pensions
3 170
2 528
633
-
unemployment
758
604
152
-
chamber of commerce
101
81
81
-
surtax
100
100
100
-
health
954
761
191
-
total
7 369
5 896
2 590
-
Corporate
1 918
1 918
1 918
-
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.

480
480
480
-
total
480
480
480
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
15 297
11 508
6 350
4 528
After tax
-12 797
-9 008
-3 850
-2 028
Living cost
17 807
17 807
17 807
17 807
Free-cash
-30 604
-26 815
-21 657
-19 835

Estimated living cost  is ₴17807 per week

₴11876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4119
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
-₴44170
-₴16849
-₴17263
-₴18590
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
-
-
-
2 500
social contributions
-
-
-
2 664
national
-
-
-
-
communal

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

-
-
-
-
total
-
-
-
2 664
Employee

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

36 148
-
1 935
-
national
11 113
-
420
-
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.

315
-
17
-
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.

1 698
-
91
-
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.

2 711
-
145
-
communal

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

1 885
-
101
-
total
17 722
-
774
-
Employer

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

36 148
-
1 935
-
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.

470
-
25
-
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.

3 203
-
172
-
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.

527
-
28
-
surtax
4 099
-
219
-
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.

2 223
-
119
-
total
10 522
-
563
-
Corporate
-
2 500
-
-
income
-
500
-
-
surtax
-
10
-
-
total
-
510
-
-
Dividends
-
1 991
-
-
withholding

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

-
413
-
-
total
-
413
-
-
Income
2 500
2 500
2 500
2 500
Total tax
28 244
923
1 337
2 664
After tax
-25 744
1 577
1 163
-164
Living cost
18 426
18 426
18 426
18 426
Free-cash
-44 170
-16 849
-17 263
-18 590

Estimated living cost  is ₴18426 per week

₴11869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴4658
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
Barcelona , Spain
-₴30673
-₴16529
-₴22202
-₴19011
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
-
-
-
2 500
other
-
-
-
11
unemployment
-
-
-
76
income
-
-
-
-
pensions
-
-
-
3 076
accident
-
-
-
98
total
-
-
-
3 261
Employee
25 155
-
-
-
unemployment
390
-
262
-
other
25
-
17
-
pensions
1 182
-
793
-
income
5 308
-
-
-
total
6 905
-
1 072
-
Employer
25 155
-
-
-
other
200
-
135
-
accident
498
-
334
-
pensions
5 936
-
3 983
-
unemployment
1 384
-
928
-
total
8 018
-
5 380
-
Corporate
-
2 500
-
-
income

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

-
375
-
-
total
-
375
-
-
Dividends
-
2 125
-
-
withholding
-
404
-
-
total
-
404
-
-
Income
2 500
2 500
2 500
2 500
Total tax
14 923
779
6 452
3 261
After tax
-12 423
1 721
-3 952
-761
Living cost
18 250
18 250
18 250
18 250
Free-cash
-30 673
-16 529
-22 202
-19 011

Estimated living cost  is ₴18250 per week

₴13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3253
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 Barcelona model

Close
Luxembourg , Luxembourg
-₴40342
-₴25753
-₴30832
-₴30831
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
-
-
-
2 500
income
-
-
-
-
pensions
-
-
-
3 848
accident
-
-
-
217
communal
-
-
-
-
health
-
-
-
1 803
surtax
-
-
-
-
total
-
-
-
5 868
Employee
38 270
-
-
-
surtax
2 346
-
-
-
health
1 703
-
1 070
-
pensions
3 061
-
1 924
-
income
3 697
-
-
-
total
10 807
-
2 994
-
Employer
38 270
-
-
-
accident
344
-
217
-
pensions
3 061
-
1 924
-
health
1 167
-
734
-
total
4 572
-
2 875
-
Corporate
-
2 500
-
-
income
-
375
-
-
communal
-
-
-
-
surtax
-
26
-
-
total
-
401
-
-
Dividends
-
2 099
-
-
withholding
-
315
-
-
income
-
74
-
-
total
-
389
-
-
Income
2 500
2 500
2 500
2 500
Total tax
15 379
790
5 869
5 868
After tax
-12 879
1 710
-3 369
-3 368
Living cost
27 463
27 463
27 463
27 463
Free-cash
-40 342
-25 753
-30 832
-30 831

Estimated living cost  is ₴27463 per week

₴20601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4906
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 Luxembourg model

Close
Athens , Greece
-₴18100
-₴9778
-₴11362
-₴10906
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
-
-
-
2 500
other
-
-
-
-
unemployment
-
-
-
115
income
-
-
-
111
pensions
-
-
-
1 349
health
-
-
-
480
surtax
-
-
-
-
total
-
-
-
2 055
Employee
17 019
-
1 081
-
surtax
60
-
-
-
unemployment
1 184
-
469
-
other
-
-
-
-
health
434
-
172
-
pensions
1 135
-
450
-
income
2 853
-
-
-
total
5 666
-
1 091
-
Employer
17 019
-
1 081
-
other
-
-
-
-
pensions
2 269
-
899
-
unemployment
540
-
214
-
health
774
-
307
-
total
3 583
-
1 420
-
Corporate
-
2 500
-
-
income
-
650
-
-
total
-
650
-
-
Dividends
-
1 850
-
-
withholding
-
277
-
-
total
-
277
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 249
927
2 511
2 055
After tax
-6 749
1 573
-11
445
Living cost
11 351
11 351
11 351
11 351
Free-cash
-18 100
-9 778
-11 362
-10 906

Estimated living cost  is ₴11351 per week

₴6853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
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.
₴3248
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
Naples , Italy
-₴25533
-₴12299
-₴16248
-₴15030
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
-
-
-
2 500
regional
-
-
-
-
social contributions
-
-
-
3 917
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
3 917
Employee
28 033
-
2 500
-
national
4 441
-
-
-
regional
377
-
-
-
municipal
149
-
-
-
social contributions
9 453
-
5 135
-
total
14 420
-
5 135
-
Employer
28 033
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
nationa
-
600
-
-
municipal
-
125
-
-
total
-
725
-
-
Dividends
-
1 775
-
-
withholding
-
461
-
-
total
-
461
-
-
Income
2 500
2 500
2 500
2 500
Total tax
14 420
1 186
5 135
3 917
After tax
-11 920
1 314
-2 635
-1 417
Living cost
13 613
13 613
13 613
13 613
Free-cash
-25 533
-12 299
-16 248
-15 030

Estimated living cost  is ₴13613 per week

₴8466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3535
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 Naples model

Close
Prague , Czech Republic
-₴28187
-₴13851
-₴14303
-₴14354
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
-
-
-
2 500
social contributions
-
-
-
730
income
-
-
-
215
health
-
-
-
337
solidarity contribution
-
-
-
-
total
-
-
-
1 282
Employee
22 900
-
1 866
-
solidarity contribution
-
-
-
-
health
3 092
-
252
-
social contributions
1 489
-
121
-
income
2 748
-
224
-
total
7 329
-
597
-
Employer
22 900
-
1 866
-
social contributions
5 725
-
466
-
health
2 061
-
168
-
total
7 786
-
634
-
Corporate
-
2 500
-
-
income
-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
15 115
779
1 231
1 282
After tax
-12 615
1 721
1 269
1 218
Living cost
15 572
15 572
15 572
15 572
Free-cash
-28 187
-13 851
-14 303
-14 354

Estimated living cost  is ₴15572 per week

₴11581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
-₴26428
-₴25031
-₴19873
-₴18051
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
-
-
-
2 500
chamber of commerce
-
-
-
10
unemployment
-
-
-
3 100
income
-
-
-
-
pensions
-
-
-
932
health
-
-
-
386
surtax
-
-
-
-
total
-
-
-
4 428
Employee
22 091
20 139
20 139
-
unemployment
663
604
152
-
other
221
201
51
-
health
854
780
195
-
pensions
2 262
2 062
516
-
income
1 968
1 485
2 366
-
total
5 968
5 132
3 280
-
Employer
22 091
20 139
20 139
-
payroll
663
604
604
-
other
1 049
956
829
-
accident
287
262
-
-
pensions
2 772
2 528
633
-
unemployment
663
604
152
-
chamber of commerce
88
81
81
-
surtax
-
-
-
-
health
835
761
191
-
total
6 357
5 796
2 490
-
Corporate
1 918
1 918
1 918
-
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.

480
480
480
-
total
480
480
480
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 805
11 408
6 250
4 428
After tax
-10 305
-8 908
-3 750
-1 928
Living cost
16 123
16 123
16 123
16 123
Free-cash
-26 428
-25 031
-19 873
-18 051

Estimated living cost  is ₴16123 per week

₴9672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4517
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
Tbilisi , Georgia
-₴5576
-₴4086
-₴4461
-₴3986
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%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
8 077
-
2 500
-
income
1 615
-
500
-
total
1 615
-
500
-
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%.

-
2 500
-
-
total
-
-
-
-
Dividends
-
2 500
-
-
withholding
-
125
-
-
total
-
125
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 615
125
500
25
After tax
885
2 375
2 000
2 475
Living cost
6 461
6 461
6 461
6 461
Free-cash
-5 576
-4 086
-4 461
-3 986

Estimated living cost  is ₴6461 per week

₴4372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
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.
₴1601
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
Ljubljana , Slovenia
-₴23326
-₴11834
-₴12139
-₴12048
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.

-
-
-
2 500
unemployment
-
-
-
4
income
-
-
-
287
pensions
-
-
-
456
health
-
-
-
246
total
-
-
-
993
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.

22 347
-
2 163
-
unemployment
32
-
3
-
health
1 443
-
139
-
pensions
3 464
-
336
-
income
3 854
-
269
-
total
8 793
-
747
-
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.

22 347
-
2 163
-
pensions
1 977
-
192
-
unemployment
13
-
1
-
health
1 488
-
144
-
total
3 478
-
337
-
Corporate
-
2 500
-
-
income
-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 271
779
1 084
993
After tax
-9 771
1 721
1 416
1 507
Living cost
13 555
13 555
13 555
13 555
Free-cash
-23 326
-11 834
-12 139
-12 048

Estimated living cost  is ₴13555 per week

₴9302
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.
₴263
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.
₴3122
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 Ljubljana model

Close
Oslo , Norway
-₴72956
-₴20315
-₴25994
-₴20283
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
-
-
-
2 500
social contributions
-
-
-
509
income
-
-
-
438
total
-
-
-
947
Employee
31 310
-
-
-
social contributions
2 567
-
366
-
income
6 906
-
-
-
total
9 473
-
366
-
Employer
31 310
-
-
-
social contributions
44 147
-
6 292
-
total
44 147
-
6 292
-
Corporate
-
2 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
1 950
-
-
income
-
429
-
-
total
-
429
-
-
Income
2 500
2 500
2 500
2 500
Total tax
53 620
979
6 658
947
After tax
-51 120
1 521
-4 158
1 553
Living cost
21 836
21 836
21 836
21 836
Free-cash
-72 956
-20 315
-25 994
-20 283

Estimated living cost  is ₴21836 per week

₴14168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴5336
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 Oslo model

Close
Lisbon , Portugal
-₴26262
-₴14429
-₴14314
-₴14366
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.

-
-
-
2 500
social contributions

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

-
-
-
869
income
-
-
-
146
surtax
-
-
-
-
total
-
-
-
1 015
Employee
23 242
-
2 020
-
surtax
-
-
-
-
social contributions
2 557
-
222
-
income
4 834
-
261
-
total
7 391
-
483
-
Employer
23 242
-
2 020
-
social contributions
5 520
-
480
-
total
5 520
-
480
-
Corporate
-
2 500
-
-
income
-
525
-
-
surtax
-
-
-
-
total
-
525
-
-
Dividends
-
1 975
-
-
withholding
-
553
-
-
total
-
553
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 911
1 078
963
1 015
After tax
-10 411
1 422
1 537
1 485
Living cost
15 851
15 851
15 851
15 851
Free-cash
-26 262
-14 429
-14 314
-14 366

Estimated living cost  is ₴15851 per week

₴11860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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

Source of data for Lisbon model

Close
Paris , France
-₴39036
-₴23148
-₴22775
-₴24010
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
-
-
-
2 500
other
-
-
-
78
social contributions
-
-
-
71
income
-
-
-
-
pensions
-
-
-
1 819
health
-
-
-
134
surtax
-
-
-
-
total
-
-
-
2 102
Employee
31 651
-
1 904
-
surtax
-
-
-
-
pensions
3 580
-
216
-
social contributions
901
-
55
-
income
2 762
-
-
-
total
7 243
-
271
-
Employer
31 651
-
1 904
-
other
1 092
-
66
-
pensions
5 201
-
314
-
unemployment
1 282
-
77
-
social contributions
95
-
6
-
health
2 215
-
133
-
total
9 885
-
596
-
Corporate
-
2 500
-
-
income
-
700
-
-
surtax
-
-
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
withholding
-
230
-
-
social contributions
-
310
-
-
surtax
-
-
-
-
total
-
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
17 128
1 240
867
2 102
After tax
-14 628
1 260
1 633
398
Living cost
24 408
24 408
24 408
24 408
Free-cash
-39 036
-23 148
-22 775
-24 010

Estimated living cost  is ₴24408 per week

₴16519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴335
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.
₴5557
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
Andorra , Andorra
-₴16265
-₴12941
-₴13168
-₴13241
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
-
-
-
2 500
income
-
-
-
-
social contributions
-
-
-
550
total
-
-
-
550
Employee
16 247
-
2 164
-
social contributions
1 056
-
141
-
income
-
-
-
-
total
1 056
-
141
-
Employer
16 247
-
2 164
-
social contributions
2 518
-
336
-
total
2 518
-
336
-
Corporate
-
2 500
-
-
income
-
250
-
-
total
-
250
-
-
Dividends
-
2 250
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
3 574
250
477
550
After tax
-1 074
2 250
2 023
1 950
Living cost
15 191
15 191
15 191
15 191
Free-cash
-16 265
-12 941
-13 168
-13 241

Estimated living cost  is ₴15191 per week

₴9822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴3938
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
Copenhagen , Denmark
-₴107449
-₴107449
-₴107449
-₴22405
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
-
-
-
2 500
pensions
-
-
-
437
municipal
-
-
-
-
labour market
-
-
-
165
national
-
-
-
-
total
-
-
-
602
Employee
102 578
102 578
102 578
-
national
12 532
12 532
12 532
-
municipal
21 843
21 843
21 843
-
labour market
8 195
8 195
8 195
-
pensions
146
146
146
-
total
42 716
42 716
42 716
-
Employer
102 578
102 578
102 578
-
municipal
21 878
21 878
21 878
-
pensions
292
292
292
-
national
12 554
12 554
12 554
-
labour market
8 206
8 206
8 206
-
total
42 930
42 930
42 930
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
85 646
85 646
85 646
602
After tax
-83 146
-83 146
-83 146
1 898
Living cost
24 303
24 303
24 303
24 303
Free-cash
-107 449
-107 449
-107 449
-22 405

Estimated living cost  is ₴24303 per week

₴16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴374
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.
₴5146
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
Krakow , Poland
-₴18714
-₴11001
-₴9884
-₴12303
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
-
-
-
2 500
other
-
-
-
192
income
-
-
-
-
pensions
-
-
-
2 150
accident
-
-
-
131
health
-
-
-
1 127
total
-
-
-
3 600
Employee
17 622
-
2 077
-
health
2 018
-
238
-
pensions
1 984
-
234
-
income
2 418
-
285
-
total
6 420
-
757
-
Employer
17 622
-
2 077
-
accident
294
-
35
-
pensions
2 865
-
338
-
unemployment
432
-
51
-
total
3 591
-
424
-
Corporate
-
2 500
-
-
income

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

-
2 250
-
-
total
-
2 250
-
-
Dividends
-
250
-
-
withholding
-
48
-
-
total
-
48
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 011
2 298
1 181
3 600
After tax
-7 511
202
1 319
-1 100
Living cost
11 203
11 203
11 203
11 203
Free-cash
-18 714
-11 001
-9 884
-12 303

Estimated living cost  is ₴11203 per week

₴8154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴2199
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.

Source of data for Krakow model

Close
Helsinki , Finland
-₴29105
-₴17672
-₴17818
-₴17352
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

-
-
-
2 500
municipal
-
-
-
450
national
-
-
-
-
health
-
-
-
-
total
-
-
-
450
Employee
26 588
-
2 103
-
national
439
-
-
-
unemployment
399
-
32
-
health
199
-
-
-
municipal
4 355
-
347
-
pensions
1 794
-
142
-
total
7 186
-
521
-
Employer
26 588
-
2 103
-
accident
27
-
2
-
pensions
4 613
-
364
-
unemployment
173
-
13
-
health
204
-
16
-
total
5 017
-
395
-
Corporate
-
2 500
-
-
income
-
500
-
-
total
-
500
-
-
Dividends

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

-
1 500
-
-
municipal
-
270
-
-
national
-
-
-
-
total
-
270
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 203
770
916
450
After tax
-9 703
1 730
1 584
2 050
Living cost
19 402
19 402
19 402
19 402
Free-cash
-29 105
-17 672
-17 818
-17 352

Estimated living cost  is ₴19402 per week

₴12673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
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.
₴4554
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
Larnaca , Cyprus
-₴16997
-₴20627
-₴16210
-₴12687
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
-
-
-
19 211
social contributions
-
-
-
2 997
income
-
-
-
-
health
-
-
-
490
total
-
-
-
3 487
Employee
38 859
38 859
38 859
-
health
301
661
222
-
social contributions
1 469
3 225
1 088
-
income
4 231
3 597
4 369
-
total
6 001
7 483
5 679
-
Employer
38 859
38 859
38 859
-
social contributions
1 469
3 225
1 088
-
health
327
719
243
-
total
1 796
3 944
1 331
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 797
11 427
7 010
3 487
After tax
-5 297
-8 927
-4 510
-987
Living cost
11 700
11 700
11 700
11 700
Free-cash
-16 997
-20 627
-16 210
-12 687

Estimated living cost  is ₴11700 per week

₴7012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3282
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
Podgorica , Montenegro
-₴10295
-₴5952
-₴8543
-₴10581
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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
2 500
unemployment
-
-
-
14
income
-
-
-
-
pensions
-
-
-
3 215
health
-
-
-
1 829
total
-
-
-
5 058
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

11 600
-
1 593
-
unemployment
58
-
44
-
health
986
-
748
-
pensions
1 740
-
1 321
-
income
793
-
-
-
total
3 577
-
2 113
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

11 600
-
1 593
-
pensions
638
-
484
-
unemployment
58
-
44
-
health
499
-
379
-
total
1 195
-
907
-
Corporate
-
2 500
-
-
income
-
225
-
-
total
-
225
-
-
Dividends
-
2 275
-
-
withholding
-
204
-
-
total
-
204
-
-
Income
2 500
2 500
2 500
2 500
Total tax
4 772
429
3 020
5 058
After tax
-2 272
2 071
-520
-2 558
Living cost
8 023
8 023
8 023
8 023
Free-cash
-10 295
-5 952
-8 543
-10 581

Estimated living cost  is ₴8023 per week

₴5119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴2087
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 Podgorica model

Close
Valencia , Spain
-₴22144
-₴12176
-₴17849
-₴14658
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
-
-
-
2 500
other
-
-
-
11
unemployment
-
-
-
76
income
-
-
-
-
pensions
-
-
-
3 076
accident
-
-
-
98
total
-
-
-
3 261
Employee
18 686
-
-
-
unemployment
290
-
262
-
other
18
-
17
-
pensions
878
-
793
-
income
3 603
-
-
-
total
4 789
-
1 072
-
Employer
18 686
-
-
-
other
150
-
135
-
accident
370
-
334
-
pensions
4 410
-
3 983
-
unemployment
1 028
-
928
-
total
5 958
-
5 380
-
Corporate
-
2 500
-
-
income

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

-
375
-
-
total
-
375
-
-
Dividends
-
2 125
-
-
withholding
-
404
-
-
total
-
404
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 747
779
6 452
3 261
After tax
-8 247
1 721
-3 952
-761
Living cost
13 897
13 897
13 897
13 897
Free-cash
-22 144
-12 176
-17 849
-14 658

Estimated living cost  is ₴13897 per week

₴9380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴2937
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 Valencia model

Close
Istanbul , Turkey
₴448
₴606
₴365
₴293
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
-
-
-
2 500
income
-
-
-
390
pensions
-
-
-
500
health
-
-
-
363
total
-
-
-
1 253
Employee
1 453
-
2 041
-
unemployment
15
-
20
-
health
73
-
102
-
pensions
131
-
184
-
income
281
-
416
-
total
500
-
722
-
Employer
1 453
-
2 041
-
pensions
160
-
224
-
unemployment
29
-
41
-
health
138
-
194
-
total
327
-
459
-
Corporate
721
2 500
-
-
income
159
550
-
-
total
159
550
-
-
Dividends
562
1 950
-
-
withholding
112
390
-
-
total
112
390
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 098
940
1 181
1 253
After tax
1 402
1 560
1 319
1 247
Living cost
954
954
954
954
Free-cash
448
606
365
293

Estimated living cost  is ₴954 per week

₴567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴288
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 Istanbul model

Close
Belgrade , Serbia
-₴13022
-₴6924
-₴7218
-₴7218
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.

-
-
-
2 500
unemployment
-
-
-
39
income
-
-
-
1
pensions
-
-
-
679
health
-
-
-
269
total
-
-
-
988
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.

13 164
-
2 033
-
unemployment
99
-
20
-
health
678
-
134
-
pensions
1 843
-
366
-
income
1 815
-
1
-
total
4 435
-
521
-
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.

13 164
-
2 033
-
pensions
1 580
-
313
-
unemployment
99
-
20
-
health
678
-
134
-
total
2 357
-
467
-
Corporate
-
2 500
-
-
income
-
375
-
-
total
-
375
-
-
Dividends
-
2 125
-
-
withholding
-
319
-
-
total
-
319
-
-
Income
2 500
2 500
2 500
2 500
Total tax
6 792
694
988
988
After tax
-4 292
1 806
1 512
1 512
Living cost
8 730
8 730
8 730
8 730
Free-cash
-13 022
-6 924
-7 218
-7 218

Estimated living cost  is ₴8730 per week

₴5878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1924
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 Belgrade model

Close
Porto , Portugal
-₴21772
-₴12202
-₴12087
-₴12139
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.

-
-
-
2 500
social contributions

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

-
-
-
869
income
-
-
-
146
surtax
-
-
-
-
total
-
-
-
1 015
Employee
19 614
-
2 020
-
surtax
-
-
-
-
social contributions
2 158
-
222
-
income
3 832
-
261
-
total
5 990
-
483
-
Employer
19 614
-
2 020
-
social contributions
4 658
-
480
-
total
4 658
-
480
-
Corporate
-
2 500
-
-
income
-
525
-
-
surtax
-
-
-
-
total
-
525
-
-
Dividends
-
1 975
-
-
withholding
-
553
-
-
total
-
553
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 648
1 078
963
1 015
After tax
-8 148
1 422
1 537
1 485
Living cost
13 624
13 624
13 624
13 624
Free-cash
-21 772
-12 202
-12 087
-12 139

Estimated living cost  is ₴13624 per week

₴9650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴2787
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 Porto model

Close
Madrid , Spain
-₴29689
-₴16039
-₴21712
-₴18521
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
-
-
-
2 500
other
-
-
-
11
unemployment
-
-
-
76
income
-
-
-
-
pensions
-
-
-
3 076
accident
-
-
-
98
total
-
-
-
3 261
Employee
24 406
-
-
-
unemployment
378
-
262
-
other
24
-
17
-
pensions
1 147
-
793
-
income
5 098
-
-
-
total
6 647
-
1 072
-
Employer
24 406
-
-
-
other
196
-
135
-
accident
483
-
334
-
pensions
5 760
-
3 983
-
unemployment
1 343
-
928
-
total
7 782
-
5 380
-
Corporate
-
2 500
-
-
income

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

-
375
-
-
total
-
375
-
-
Dividends
-
2 125
-
-
withholding
-
404
-
-
total
-
404
-
-
Income
2 500
2 500
2 500
2 500
Total tax
14 429
779
6 452
3 261
After tax
-11 929
1 721
-3 952
-761
Living cost
17 760
17 760
17 760
17 760
Free-cash
-29 689
-16 039
-21 712
-18 521

Estimated living cost  is ₴17760 per week

₴12755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
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.
₴3375
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 Madrid model

Close
Sofia , Bulgaria
-₴11312
-₴6583
-₴7531
-₴7477
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
-
-
-
2 500
unemployment
-
-
-
13
income
-
-
-
375
pensions

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

-
-
-
489
health
-
-
-
380
total
-
-
-
1 257
Employee
11 546
-
1 851
-
accident

We are using the highest rate at 1.1%.

127
-
36
-
health
531
-
152
-
pensions

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

1 014
-
290
-
income
1 155
-
185
-
total
2 827
-
663
-
Employer
11 546
-
1 851
-
accident

We are using the highest rate at 1.1%.

127
-
36
-
pensions

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

1 272
-
364
-
unemployment
69
-
20
-
health
797
-
228
-
total
2 265
-
648
-
Corporate
-
2 500
-
-
income
-
250
-
-
total
-
250
-
-
Dividends
-
2 250
-
-
withholding
-
113
-
-
total
-
113
-
-
Income
2 500
2 500
2 500
2 500
Total tax
5 092
363
1 311
1 257
After tax
-2 592
2 137
1 189
1 243
Living cost
8 720
8 720
8 720
8 720
Free-cash
-11 312
-6 583
-7 531
-7 477

Estimated living cost  is ₴8720 per week

₴5767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴2246
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
Berlin , Germany
-₴22644
-₴18082
-₴20462
-₴20462
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.

-
-
-
2 500
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
3 452
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.

-
-
-
-
total
-
-
-
3 452
Employee

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

25 145
-
2 500
-
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.

114
-
-
-
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.

3 452
-
3 452
-
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.

2 068
-
-
-
total
5 634
-
3 452
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
trade
-
359
-
-
income
-
375
-
-
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.

-
21
-
-
chamber of commerce
-
81
-
-
total
-
836
-
-
Dividends
-
1 665
-
-
withholding
-
224
-
-
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.

-
12
-
-
total
-
236
-
-
Income
2 500
2 500
2 500
2 500
Total tax
5 634
1 072
3 452
3 452
After tax
-3 134
1 428
-952
-952
Living cost
19 510
19 510
19 510
19 510
Free-cash
-22 644
-18 082
-20 462
-20 462

Estimated living cost  is ₴19510 per week

₴13459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴3669
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
Dublin , Ireland
-₴37030
-₴27037
-₴26287
-₴26287
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
-
-
-
2 500
social contributions
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Employee
39 530
-
2 500
-
social contributions
3 284
-
-
-
income
7 459
-
-
-
total
10 743
-
-
-
Employer
39 530
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
income
-
313
-
-
total
-
313
-
-
Dividends
-
2 187
-
-
withholding
-
437
-
-
total
-
437
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 743
750
-
-
After tax
-8 243
1 750
2 500
2 500
Living cost
28 787
28 787
28 787
28 787
Free-cash
-37 030
-27 037
-26 287
-26 287

Estimated living cost  is ₴28787 per week

₴21901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴4266
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
Sliema , Malta
-₴24514
-₴18228
-₴17600
-₴33313
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.

-
-
-
2 500
health

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

-
-
-
3 084
income
-
-
-
14 385
total
-
-
-
17 469
Employee
23 183
-
1 622
-
social contributions
2 323
-
878
-
income
2 515
-
-
-
total
4 838
-
878
-
Employer
23 183
-
1 622
-
social contributions
2 323
-
878
-
total
2 323
-
878
-
Corporate
-
2 500
-
-
income
-
875
-
-
total
-
875
-
-
Dividends
-
1 625
-
-
social contributions
1 509
1 509
-
-
total
1 509
1 509
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 670
2 384
1 756
17 469
After tax
-6 170
116
744
-14 969
Living cost
18 344
18 344
18 344
18 344
Free-cash
-24 514
-18 228
-17 600
-33 313

Estimated living cost  is ₴18344 per week

₴12083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴4533
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 Sliema model

Close
Edinburgh , United Kingdom
-₴26220
-₴16808
-₴16719
-₴16681
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
-
-
-
2 500
income
-
-
-
500
pensions
-
-
-
-
total
-
-
-
500
Employee
25 642
-
2 453
-
health
334
-
-
-
pensions
1 957
-
-
-
income
4 670
-
491
-
total
6 961
-
491
-
Employer
25 642
-
2 453
-
pensions
2 591
-
-
-
health
487
-
47
-
total
3 078
-
47
-
Corporate
-
2 500
-
-
income

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

-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
152
-
-
total
-
152
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 039
627
538
500
After tax
-7 539
1 873
1 962
2 000
Living cost
18 681
18 681
18 681
18 681
Free-cash
-26 220
-16 808
-16 719
-16 681

Estimated living cost  is ₴18681 per week

₴12815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3913
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.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴20813
-₴12110
-₴10993
-₴13412
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
-
-
-
2 500
other
-
-
-
192
income
-
-
-
-
pensions
-
-
-
2 150
accident
-
-
-
131
health
-
-
-
1 127
total
-
-
-
3 600
Employee
19 367
-
2 077
-
health
2 217
-
238
-
pensions
2 181
-
234
-
income
2 657
-
285
-
total
7 055
-
757
-
Employer
19 367
-
2 077
-
accident
323
-
35
-
pensions
3 149
-
338
-
unemployment
474
-
51
-
total
3 946
-
424
-
Corporate
-
2 500
-
-
income

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

-
2 250
-
-
total
-
2 250
-
-
Dividends
-
250
-
-
withholding
-
48
-
-
total
-
48
-
-
Income
2 500
2 500
2 500
2 500
Total tax
11 001
2 298
1 181
3 600
After tax
-8 501
202
1 319
-1 100
Living cost
12 312
12 312
12 312
12 312
Free-cash
-20 813
-12 110
-10 993
-13 412

Estimated living cost  is ₴12312 per week

₴9035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴2311
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.

Source of data for Warsaw model

Close
Skopje , Macedonia
-₴8418
-₴4698
-₴5498
-₴5505
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
2 571
unemployment
-
-
-
40
income
-
-
-
257
pensions
-
-
-
619
health insurance
-
-
-
249
work injury
-
-
-
17
total
-
-
-
1 182
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

10 916
-
2 500
-
health insurance
808
-
249
-
unemployment
131
-
40
-
work injury
55
-
17
-
pensions
2 009
-
619
-
income
1 092
-
250
-
total
4 095
-
1 175
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
-
2 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
2 500
2 500
2 500
2 500
Total tax
4 095
375
1 175
1 182
After tax
-1 595
2 125
1 325
1 318
Living cost
6 823
6 823
6 823
6 823
Free-cash
-8 418
-4 698
-5 498
-5 505

Estimated living cost  is ₴6823 per week

₴4227
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.
₴213
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.
₴1887
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 Skopje model

Close
Rome , Italy
-₴40084
-₴18815
-₴22767
-₴21549
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
-
-
-
2 500
regional
-
-
-
-
social contributions
-
-
-
3 917
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
3 917
Employee
42 584
-
2 500
-
national
7 196
-
-
-
regional
643
-
-
-
municipal
254
-
-
-
social contributions
14 359
-
5 135
-
total
22 452
-
5 135
-
Employer
42 584
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
nationa
-
600
-
-
municipal
-
121
-
-
total
-
721
-
-
Dividends
-
1 779
-
-
withholding
-
462
-
-
total
-
462
-
-
Income
2 500
2 500
2 500
2 500
Total tax
22 452
1 183
5 135
3 917
After tax
-19 952
1 317
-2 635
-1 417
Living cost
20 132
20 132
20 132
20 132
Free-cash
-40 084
-18 815
-22 767
-21 549

Estimated living cost  is ₴20132 per week

₴14141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4301
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 Rome model

Close
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Additional information

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Estimated living cost

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Additional information

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