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
-₴16290
-₴15736
-₴13481
-₴15736
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
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.

-
-
-
3 356
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

18 790
-
2 500
-
health

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

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

3 356
-
3 356
-
income

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

525
-
-
-
surtax

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

29
-
-
-
total
3 910
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
income
-
375
-
-
chamber of commerce
-
78
-
-
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
-
-
trade
-
393
-
-
total
-
867
-
-
Dividends
-
1 633
-
-
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
-
-
withholding
-
222
-
-
total
-
234
-
-
Income
2 500
2 500
2 500
2 500
Total tax
3 910
1 101
3 356
3 356
After tax
-1 410
1 399
-856
-856
Living cost
14 880
14 880
14 880
14 880
Free-cash
-16 290
-13 481
-15 736
-15 736

Estimated living cost  is ₴14880 per week

₴9360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1735
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.
₴3507
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
-₴40584
-₴23262
-₴23920
-₴23307
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
municipal
-
-
-
-
pensions
-
-
-
300
national
-
-
-
-
total
-
-
-
327
Employee
39 499
-
2 161
-
pensions
1 580
-
86
-
municipal
4 879
-
-
-
national
7 560
-
-
-
total
14 019
-
86
-
Employer
39 499
-
2 161
-
pensions
3 160
-
173
-
social contributions
425
-
23
-
total
3 585
-
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
17 604
940
282
327
After tax
-15 104
1 560
2 218
2 173
Living cost
25 480
25 480
25 480
25 480
Free-cash
-40 584
-23 920
-23 262
-23 307

Estimated living cost  is ₴25480 per week

₴17318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴381
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.
₴5412
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
-₴15313
-₴9572
-₴8221
-₴9643
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.

-
-
-
1 547
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
375
total
-
-
-
1 922
Employee
14 355
-
1 341
-
social contributions

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

1 579
-
530
-
income
2 555
-
162
-
surtax
-
-
-
-
total
4 134
-
692
-
Employer
14 355
-
1 341
-
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.

3 458
-
1 159
-
total
3 458
-
1 159
-
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
7 592
500
1 851
1 922
After tax
-5 092
2 000
649
578
Living cost
10 221
10 221
10 221
10 221
Free-cash
-15 313
-8 221
-9 572
-9 643

Estimated living cost  is ₴10221 per week

₴6520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2495
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
-₴46283
-₴46283
-₴43526
-₴19139
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
health
-
-
-
384
income
-
-
-
225
pensions
-
-
-
450
total
-
-
-
1 059
Employee
41 953
41 953
41 953
-
pensions
7 551
5 756
7 551
-
health
6 439
5 477
6 439
-
income

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

6 867
6 867
6 867
-
total
20 857
18 100
20 857
-
Employer
41 953
41 953
41 953
-
pensions
2 920
2 920
2 920
-
health
2 916
2 916
2 916
-
unemployment
1 510
1 510
1 510
-
total
7 346
7 346
7 346
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
28 203
25 446
28 203
1 059
After tax
-25 703
-22 946
-25 703
1 441
Living cost
20 580
20 580
20 580
20 580
Free-cash
-46 283
-43 526
-46 283
-19 139

Estimated living cost  is ₴20580 per week

₴14585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1855
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.
₴3813
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
-₴34973
-₴18676
-₴18646
-₴18765
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
accident
-
-
-
5
health
-
-
-
156
municipal
-
-
-
530
pensions
-
-
-
270
other
-
-
-
290
unemployment
-
-
-
3
national
-
-
-
-
total
-
-
-
1 254
Employee
28 514
-
1 902
-
municipal
8 503
-
567
-
national
-
-
-
-
total
8 503
-
567
-
Employer
28 514
-
1 902
-
pensions
3 082
-
206
-
other
3 313
-
221
-
health
1 754
-
117
-
unemployment
753
-
50
-
accident
57
-
4
-
total
8 959
-
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
17 462
1 135
1 165
1 254
After tax
-14 962
1 365
1 335
1 246
Living cost
20 011
20 011
20 011
20 011
Free-cash
-34 973
-18 646
-18 676
-18 765

Estimated living cost  is ₴20011 per week

₴13262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1964
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.
₴4481
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
-₴22413
-₴20155
-₴17913
-₴20155
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
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.

-
-
-
3 356
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

24 913
-
2 500
-
health

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

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

3 356
-
3 356
-
income

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

2 141
-
-
-
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.

117
-
-
-
total
5 614
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
income
-
375
-
-
chamber of commerce
-
78
-
-
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
-
-
trade
-
411
-
-
total
-
885
-
-
Dividends
-
1 615
-
-
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
-
-
withholding
-
217
-
-
total
-
229
-
-
Income
2 500
2 500
2 500
2 500
Total tax
5 614
1 114
3 356
3 356
After tax
-3 114
1 386
-856
-856
Living cost
19 299
19 299
19 299
19 299
Free-cash
-22 413
-17 913
-20 155
-20 155

Estimated living cost  is ₴19299 per week

₴12907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2035
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.
₴4068
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
-₴21858
-₴20247
-₴24542
-₴16823
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
-
-
-
18 676
social contributions
-
-
-
2 913
health
-
-
-
476
income
-
-
-
-
total
-
-
-
3 389
Employee
37 777
37 777
37 777
-
health
376
642
216
-
social contributions
1 836
3 135
1 057
-
income
3 967
3 497
4 247
-
total
6 179
7 274
5 520
-
Employer
37 777
37 777
37 777
-
health
409
699
236
-
social contributions
1 836
3 135
1 057
-
total
2 245
3 834
1 293
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 424
11 108
6 813
3 389
After tax
-5 924
-8 608
-4 313
-889
Living cost
15 934
15 934
15 934
15 934
Free-cash
-21 858
-24 542
-20 247
-16 823

Estimated living cost  is ₴15934 per week

₴10893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3530
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
-₴13226
-₴8821
-₴9248
-₴7621
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
health
-
-
-
280
income
-
-
-
264
pensions
-
-
-
400
unemployment
-
-
-
60
total
-
-
-
1 004
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.

13 161
5 238
5 238
-
unemployment
197
79
60
-
pensions
1 316
524
403
-
health
921
367
282
-
income
1 609
640
674
-
total
4 043
1 610
1 419
-
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.

13 161
5 238
5 238
-
pensions
2 566
1 021
785
-
total
2 566
1 021
785
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
6 609
2 631
2 204
1 004
After tax
-4 109
-131
296
1 496
Living cost
9 117
9 117
9 117
9 117
Free-cash
-13 226
-9 248
-8 821
-7 621

Estimated living cost  is ₴9117 per week

₴6222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1967
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
-₴16148
-₴11458
-₴9866
-₴11212
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
health
-
-
-
727
income
-
-
-
-
pensions
-
-
-
1 119
total
-
-
-
1 846
Employee
13 937
-
609
-
unemployment
223
-
89
-
pensions
279
-
112
-
income
1 569
-
-
-
total
2 071
-
201
-
Employer
13 937
-
609
-
pensions
2 788
-
1 119
-
health
1 811
-
727
-
unemployment
112
-
45
-
total
4 711
-
1 891
-
Corporate
-
2 500
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
6 782
500
2 092
1 846
After tax
-4 282
2 000
408
654
Living cost
11 866
11 866
11 866
11 866
Free-cash
-16 148
-9 866
-11 458
-11 212

Estimated living cost  is ₴11866 per week

₴8139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴707
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.
₴2782
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
-₴18247
-₴9637
-₴10754
-₴11925
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
accident
-
-
-
126
health
-
-
-
1 086
income
-
-
-
-
pensions
-
-
-
2 072
other
-
-
-
185
total
-
-
-
3 469
Employee
17 235
-
2 077
-
pensions
1 941
-
234
-
health
1 973
-
238
-
income
2 364
-
285
-
total
6 278
-
757
-
Employer
17 235
-
2 077
-
pensions
2 803
-
338
-
unemployment
422
-
51
-
accident
288
-
35
-
total
3 513
-
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
9 791
2 298
1 181
3 469
After tax
-7 291
202
1 319
-969
Living cost
10 956
10 956
10 956
10 956
Free-cash
-18 247
-10 754
-9 637
-11 925

Estimated living cost  is ₴10956 per week

₴8030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴2091
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
-₴2568
-₴2055
-₴1680
-₴1580
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
5 068
-
2 500
-
income
1 013
-
500
-
total
1 013
-
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
1 013
125
500
25
After tax
1 487
2 375
2 000
2 475
Living cost
4 055
4 055
4 055
4 055
Free-cash
-2 568
-1 680
-2 055
-1 580

Estimated living cost  is ₴4055 per week

₴2513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1093
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
-₴19833
-₴11722
-₴11253
-₴12498
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
health
-
-
-
235
income
-
-
-
139
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.

-
-
-
1 280
other
-
-
-
254
total
-
-
-
1 908
Employee
17 838
-
1 865
-
unemployment
178
-
19
-
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.

1 248
-
131
-
health
250
-
26
-
income
3 071
-
321
-
total
4 747
-
497
-
Employer
17 838
-
1 865
-
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.

3 033
-
317
-
other
892
-
258
-
health
250
-
26
-
unemployment
178
-
19
-
accident
143
-
15
-
total
4 496
-
635
-
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
9 243
663
1 132
1 908
After tax
-6 743
1 837
1 368
592
Living cost
13 090
13 090
13 090
13 090
Free-cash
-19 833
-11 253
-11 722
-12 498

Estimated living cost  is ₴13090 per week

₴9249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2747
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
-₴49187
-₴30167
-₴30256
-₴30129
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
45 457
-
2 453
-
pensions
4 385
-
-
-
health
749
-
-
-
income
8 194
-
491
-
total
13 328
-
491
-
Employer
45 457
-
2 453
-
pensions
5 367
-
-
-
health
863
-
47
-
total
6 230
-
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
19 558
627
538
500
After tax
-17 058
1 873
1 962
2 000
Living cost
32 129
32 129
32 129
32 129
Free-cash
-49 187
-30 256
-30 167
-30 129

Estimated living cost  is ₴32129 per week

₴24075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴4018
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
-₴7695
-₴5215
-₴4299
-₴5167
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
health
-
-
-
368
income
-
-
-
375
pensions

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

-
-
-
474
unemployment
-
-
-
13
total
-
-
-
1 230
Employee
8 523
-
1 872
-
accident

We are using the highest rate at 1.1%.

94
-
35
-
pensions

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

748
-
281
-
health
392
-
147
-
income
852
-
187
-
total
2 086
-
650
-
Employer
8 523
-
1 872
-
pensions

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

939
-
353
-
health
588
-
221
-
unemployment
51
-
19
-
accident

We are using the highest rate at 1.1%.

94
-
35
-
total
1 672
-
628
-
Corporate
-
2 500
-
-
income
-
250
-
-
total
-
250
-
-
Dividends
-
2 250
-
-
withholding
-
112
-
-
total
-
112
-
-
Income
2 500
2 500
2 500
2 500
Total tax
3 758
362
1 278
1 230
After tax
-1 258
2 138
1 222
1 270
Living cost
6 437
6 437
6 437
6 437
Free-cash
-7 695
-4 299
-5 215
-5 167

Estimated living cost  is ₴6437 per week

₴3758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴2049
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
-₴51022
-₴52945
-₴50188
-₴25801
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
health
-
-
-
384
income
-
-
-
225
pensions
-
-
-
450
total
-
-
-
1 059
Employee
45 547
41 953
41 953
-
pensions
5 756
5 756
7 551
-
health
5 682
5 477
6 439
-
income

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

6 867
6 867
6 867
-
total
18 305
18 100
20 857
-
Employer
45 547
41 953
41 953
-
pensions
3 170
2 920
2 920
-
health
3 165
2 916
2 916
-
unemployment
1 640
1 510
1 510
-
total
7 975
7 346
7 346
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
26 280
25 446
28 203
1 059
After tax
-23 780
-22 946
-25 703
1 441
Living cost
27 242
27 242
27 242
27 242
Free-cash
-51 022
-50 188
-52 945
-25 801

Estimated living cost  is ₴27242 per week

₴20095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4401
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
-₴21543
-₴10932
-₴10480
-₴10983
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
health
-
-
-
337
income
-
-
-
215
solidarity contribution
-
-
-
-
total
-
-
-
1 282
Employee
17 943
-
1 866
-
solidarity contribution
-
-
-
-
health
2 422
-
252
-
social contributions
1 166
-
121
-
income
2 153
-
224
-
total
5 741
-
597
-
Employer
17 943
-
1 866
-
health
1 615
-
168
-
social contributions
4 486
-
466
-
total
6 101
-
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
11 842
779
1 231
1 282
After tax
-9 342
1 721
1 269
1 218
Living cost
12 201
12 201
12 201
12 201
Free-cash
-21 543
-10 480
-10 932
-10 983

Estimated living cost  is ₴12201 per week

₴8475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2618
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
-₴41161
-₴23221
-₴19396
-₴22037
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
-
-
-
3 807
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
3 807
Employee
43 661
-
2 500
-
regional
412
-
-
-
municipal
231
-
-
-
national
7 565
-
-
-
social contributions
14 723
-
4 991
-
total
22 931
-
4 991
-
Employer
43 661
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
municipal
-
98
-
-
nationa
-
600
-
-
total
-
698
-
-
Dividends
-
1 802
-
-
withholding
-
468
-
-
total
-
468
-
-
Income
2 500
2 500
2 500
2 500
Total tax
22 931
1 166
4 991
3 807
After tax
-20 431
1 334
-2 491
-1 307
Living cost
20 730
20 730
20 730
20 730
Free-cash
-41 161
-19 396
-23 221
-22 037

Estimated living cost  is ₴20730 per week

₴14450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4602
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
-₴17166
-₴10793
-₴9269
-₴10353
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
health
-
-
-
466
income
-
-
-
122
surtax
-
-
-
-
pensions
-
-
-
1 312
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
2 012
Employee
16 246
-
1 120
-
unemployment
1 131
-
456
-
pensions
1 083
-
437
-
health
415
-
167
-
income
2 723
-
12
-
other
-
-
-
-
surtax
53
-
-
-
total
5 405
-
1 072
-
Employer
16 246
-
1 120
-
pensions
2 166
-
874
-
other
-
-
-
-
health
739
-
298
-
unemployment
515
-
208
-
total
3 420
-
1 380
-
Corporate
-
2 500
-
-
income
-
650
-
-
total
-
650
-
-
Dividends
-
1 850
-
-
withholding
-
278
-
-
total
-
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 825
928
2 452
2 012
After tax
-6 325
1 572
48
488
Living cost
10 841
10 841
10 841
10 841
Free-cash
-17 166
-9 269
-10 793
-10 353

Estimated living cost  is ₴10841 per week

₴6629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1000
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.
₴2962
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
-₴31842
-₴19988
-₴20077
-₴19950
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
30 464
-
2 453
-
pensions
2 586
-
-
-
health
442
-
-
-
income
5 487
-
491
-
total
8 515
-
491
-
Employer
30 464
-
2 453
-
pensions
3 298
-
-
-
health
579
-
47
-
total
3 877
-
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
12 392
627
538
500
After tax
-9 892
1 873
1 962
2 000
Living cost
21 950
21 950
21 950
21 950
Free-cash
-31 842
-20 077
-19 988
-19 950

Estimated living cost  is ₴21950 per week

₴16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3630
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
-₴47478
-₴38413
-₴37849
-₴36924
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
health
-
-
-
127
pensions
-
-
-
230
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.

-
-
-
50
regional
-
-
-
-
city
-
-
-
25
national
-
-
-
-
total
-
-
-
432
Employee
45 631
-
1 511
-
unemployment
-
-
-
-
pensions
3 834
-
939
-
regional
1 494
-
-
-
national
216
-
-
-
health
103
-
3
-
city
490
-
7
-
total
6 137
-
949
-
Employer
45 631
-
1 511
-
pensions
3 834
-
939
-
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.

912
-
30
-
health
103
-
3
-
unemployment
-
-
-
-
total
4 849
-
972
-
Corporate
-
2 500
-
-
regional
-
529
-
-
national
-
212
-
-
total
-
741
-
-
Dividends
-
1 759
-
-
withholding
-
616
-
-
total
-
616
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 986
1 357
1 921
432
After tax
-8 486
1 143
579
2 068
Living cost
38 992
38 992
38 992
38 992
Free-cash
-47 478
-37 849
-38 413
-36 924

Estimated living cost  is ₴38992 per week

₴25356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴479
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.
₴9658
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
-₴27024
-₴23361
-₴21133
-₴23361
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
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.

-
-
-
3 356
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

29 525
-
2 500
-
health

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

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

3 356
-
3 356
-
income

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

3 472
-
-
-
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.

191
-
-
-
total
7 019
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
income
-
375
-
-
chamber of commerce
-
78
-
-
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
-
-
trade
-
429
-
-
total
-
903
-
-
Dividends
-
1 598
-
-
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
-
-
withholding
-
213
-
-
total
-
225
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 019
1 128
3 356
3 356
After tax
-4 519
1 372
-856
-856
Living cost
22 505
22 505
22 505
22 505
Free-cash
-27 024
-21 133
-23 361
-23 361

Estimated living cost  is ₴22505 per week

₴16437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴3976
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
-₴25090
-₴15171
-₴15548
-₴16361
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
-
-
-
71
health
-
-
-
131
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 774
other
-
-
-
77
total
-
-
-
2 053
Employee
21 026
-
1 904
-
pensions
2 377
-
215
-
social contributions
599
-
54
-
income
1 241
-
-
-
surtax
-
-
-
-
total
4 217
-
269
-
Employer
21 026
-
1 904
-
pensions
3 454
-
313
-
other
725
-
65
-
health
1 472
-
133
-
unemployment
851
-
77
-
social contributions
63
-
6
-
total
6 565
-
594
-
Corporate
-
2 500
-
-
income
-
700
-
-
surtax
-
-
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
surtax
-
-
-
-
social contributions
-
310
-
-
withholding
-
230
-
-
total
-
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 782
1 240
863
2 053
After tax
-8 282
1 260
1 637
447
Living cost
16 808
16 808
16 808
16 808
Free-cash
-25 090
-15 548
-15 171
-16 361

Estimated living cost  is ₴16808 per week

₴10598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
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.
₴4558
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
-₴22131
-₴13506
-₴13883
-₴14696
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
-
-
-
71
health
-
-
-
131
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 774
other
-
-
-
77
total
-
-
-
2 053
Employee
18 768
-
1 904
-
pensions
2 123
-
215
-
social contributions
535
-
54
-
income
968
-
-
-
surtax
-
-
-
-
total
3 626
-
269
-
Employer
18 768
-
1 904
-
pensions
3 084
-
313
-
other
648
-
65
-
health
1 314
-
133
-
unemployment
760
-
77
-
social contributions
56
-
6
-
total
5 862
-
594
-
Corporate
-
2 500
-
-
income
-
700
-
-
surtax
-
-
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
surtax
-
-
-
-
social contributions
-
310
-
-
withholding
-
230
-
-
total
-
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 488
1 240
863
2 053
After tax
-6 988
1 260
1 637
447
Living cost
15 143
15 143
15 143
15 143
Free-cash
-22 131
-13 883
-13 506
-14 696

Estimated living cost  is ₴15143 per week

₴8782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4536
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
-₴15448
-₴9208
-₴9689
-₴9583
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
-
-
-
857
health
-
-
-
434
income
-
-
-
375
total
-
-
-
1 666
Employee
16 657
-
2 500
-
health
1 163
-
434
-
social contributions
2 299
-
857
-
income
2 778
-
-
-
total
6 240
-
1 291
-
Employer
16 657
-
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
434
434
-
-
social contributions
857
857
-
-
withholding
-
356
-
-
total
1 291
1 647
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 531
1 772
1 291
1 666
After tax
-5 031
728
1 209
834
Living cost
10 417
10 417
10 417
10 417
Free-cash
-15 448
-9 689
-9 208
-9 583

Estimated living cost  is ₴10417 per week

₴6972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴642
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.
₴2563
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
-₴29681
-₴20979
-₴25996
-₴19212
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
health
-
-
-
375
surtax
-
-
-
97
income
-
-
-
-
chamber of commerce
-
-
-
10
pensions
-
-
-
906
unemployment
-
-
-
3 013
total
-
-
-
4 401
Employee
24 552
19 578
19 578
-
unemployment
737
587
147
-
pensions
2 514
2 004
502
-
health
950
758
189
-
income
2 795
1 444
2 300
-
other
245
196
49
-
total
7 241
4 989
3 187
-
Employer
24 552
19 578
19 578
-
chamber of commerce
98
78
78
-
pensions
3 081
2 457
615
-
other
1 166
929
805
-
health
928
740
186
-
unemployment
737
587
147
-
accident
319
255
-
-
surtax
97
97
97
-
payroll
737
587
587
-
total
7 163
5 730
2 515
-
Corporate
1 865
1 865
1 865
-
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.

466
466
466
-
total
466
466
466
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
14 870
11 185
6 168
4 401
After tax
-12 370
-8 685
-3 668
-1 901
Living cost
17 311
17 311
17 311
17 311
Free-cash
-29 681
-25 996
-20 979
-19 212

Estimated living cost  is ₴17311 per week

₴11545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4004
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
-₴42872
-₴16750
-₴16340
-₴18002
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
-
-
-
2 590
communal

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

-
-
-
-
national
-
-
-
-
total
-
-
-
2 590
Employee

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

35 141
-
1 936
-
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.

306
-
17
-
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.

2 636
-
145
-
national
10 804
-
420
-
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.

1 651
-
91
-
communal

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

1 833
-
101
-
total
17 230
-
774
-
Employer

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

35 141
-
1 936
-
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.

3 114
-
172
-
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.

2 161
-
119
-
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.

513
-
28
-
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.

457
-
25
-
surtax
3 985
-
220
-
total
10 230
-
564
-
Corporate
-
2 500
-
-
income
-
500
-
-
surtax
-
10
-
-
total
-
510
-
-
Dividends
-
1 990
-
-
withholding

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

-
418
-
-
total
-
418
-
-
Income
2 500
2 500
2 500
2 500
Total tax
27 460
928
1 338
2 590
After tax
-24 960
1 572
1 162
-90
Living cost
17 912
17 912
17 912
17 912
Free-cash
-42 872
-16 340
-16 750
-18 002

Estimated living cost  is ₴17912 per week

₴11538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1566
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.
₴4528
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
-₴29750
-₴21514
-₴16021
-₴18411
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
accident
-
-
-
95
income
-
-
-
-
pensions
-
-
-
2 990
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 169
Employee
24 454
-
-
-
unemployment
379
-
255
-
pensions
1 150
-
771
-
income
5 160
-
-
-
other
24
-
17
-
total
6 713
-
1 043
-
Employer
24 454
-
-
-
pensions
5 771
-
3 872
-
other
195
-
131
-
unemployment
1 345
-
902
-
accident
484
-
324
-
total
7 795
-
5 229
-
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
14 508
779
6 272
3 169
After tax
-12 008
1 721
-3 772
-669
Living cost
17 742
17 742
17 742
17 742
Free-cash
-29 750
-16 021
-21 514
-18 411

Estimated living cost  is ₴17742 per week

₴13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3162
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
-₴39150
-₴29902
-₴24988
-₴29902
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
accident
-
-
-
211
health
-
-
-
1 753
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 740
communal
-
-
-
-
total
-
-
-
5 704
Employee
37 204
-
-
-
pensions
2 976
-
1 870
-
health
1 656
-
1 040
-
income
3 594
-
-
-
surtax
2 280
-
-
-
total
10 506
-
2 910
-
Employer
37 204
-
-
-
pensions
2 976
-
1 870
-
health
1 135
-
713
-
accident
335
-
211
-
total
4 446
-
2 794
-
Corporate
-
2 500
-
-
income
-
375
-
-
communal
-
-
-
-
surtax
-
26
-
-
total
-
401
-
-
Dividends
-
2 099
-
-
income
-
74
-
-
withholding
-
315
-
-
total
-
389
-
-
Income
2 500
2 500
2 500
2 500
Total tax
14 952
790
5 704
5 704
After tax
-12 452
1 710
-3 204
-3 204
Living cost
26 698
26 698
26 698
26 698
Free-cash
-39 150
-24 988
-29 902
-29 902

Estimated living cost  is ₴26698 per week

₴20027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4770
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
-₴17528
-₴10987
-₴9463
-₴10547
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
health
-
-
-
466
income
-
-
-
122
surtax
-
-
-
-
pensions
-
-
-
1 312
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
2 012
Employee
16 544
-
1 120
-
unemployment
1 151
-
456
-
pensions
1 104
-
437
-
health
422
-
167
-
income
2 774
-
12
-
other
-
-
-
-
surtax
59
-
-
-
total
5 510
-
1 072
-
Employer
16 544
-
1 120
-
pensions
2 206
-
874
-
other
-
-
-
-
health
752
-
298
-
unemployment
525
-
208
-
total
3 483
-
1 380
-
Corporate
-
2 500
-
-
income
-
650
-
-
total
-
650
-
-
Dividends
-
1 850
-
-
withholding
-
278
-
-
total
-
278
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 993
928
2 452
2 012
After tax
-6 493
1 572
48
488
Living cost
11 035
11 035
11 035
11 035
Free-cash
-17 528
-9 463
-10 987
-10 547

Estimated living cost  is ₴11035 per week

₴6662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3158
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
-₴24753
-₴15725
-₴11919
-₴14541
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
-
-
-
3 807
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
3 807
Employee
27 252
-
2 500
-
regional
367
-
-
-
municipal
145
-
-
-
national
4 317
-
-
-
social contributions
9 190
-
4 991
-
total
14 019
-
4 991
-
Employer
27 252
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
municipal
-
124
-
-
nationa
-
600
-
-
total
-
724
-
-
Dividends
-
1 776
-
-
withholding
-
461
-
-
total
-
461
-
-
Income
2 500
2 500
2 500
2 500
Total tax
14 019
1 185
4 991
3 807
After tax
-11 519
1 315
-2 491
-1 307
Living cost
13 234
13 234
13 234
13 234
Free-cash
-24 753
-11 919
-15 725
-14 541

Estimated living cost  is ₴13234 per week

₴8230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴3436
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
-₴27128
-₴13766
-₴13314
-₴13817
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
health
-
-
-
337
income
-
-
-
215
solidarity contribution
-
-
-
-
total
-
-
-
1 282
Employee
22 110
-
1 866
-
solidarity contribution
-
-
-
-
health
2 985
-
252
-
social contributions
1 437
-
121
-
income
2 653
-
224
-
total
7 075
-
597
-
Employer
22 110
-
1 866
-
health
1 990
-
168
-
social contributions
5 528
-
466
-
total
7 518
-
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
14 593
779
1 231
1 282
After tax
-12 093
1 721
1 269
1 218
Living cost
15 035
15 035
15 035
15 035
Free-cash
-27 128
-13 314
-13 766
-13 817

Estimated living cost  is ₴15035 per week

₴11181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴2761
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
-₴25620
-₴19245
-₴24261
-₴17477
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
health
-
-
-
375
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
10
pensions
-
-
-
906
unemployment
-
-
-
3 013
total
-
-
-
4 304
Employee
21 475
19 578
19 578
-
unemployment
644
587
147
-
pensions
2 199
2 004
502
-
health
831
758
189
-
income
1 913
1 444
2 300
-
other
214
196
49
-
total
5 801
4 989
3 187
-
Employer
21 475
19 578
19 578
-
chamber of commerce
86
78
78
-
pensions
2 695
2 457
615
-
other
1 020
929
805
-
health
812
740
186
-
unemployment
644
587
147
-
accident
279
255
1
-
surtax
-
-
-
-
payroll
644
587
587
-
total
6 180
5 633
2 419
-
Corporate
1 865
1 865
1 865
-
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.

466
466
466
-
total
466
466
466
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 447
11 088
6 072
4 304
After tax
-9 947
-8 588
-3 572
-1 804
Living cost
15 673
15 673
15 673
15 673
Free-cash
-25 620
-24 261
-19 245
-17 477

Estimated living cost  is ₴15673 per week

₴9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴4391
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
-₴5398
-₴4318
-₴3943
-₴3843
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
7 898
-
2 500
-
income
1 580
-
500
-
total
1 580
-
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
1 580
125
500
25
After tax
920
2 375
2 000
2 475
Living cost
6 318
6 318
6 318
6 318
Free-cash
-5 398
-3 943
-4 318
-3 843

Estimated living cost  is ₴6318 per week

₴4276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₴22606
-₴11761
-₴11456
-₴11671
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
health
-
-
-
246
income
-
-
-
287
pensions
-
-
-
457
unemployment
-
-
-
4
total
-
-
-
994
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.

21 724
-
2 164
-
unemployment
31
-
3
-
pensions
3 367
-
336
-
health
1 403
-
140
-
income
3 746
-
269
-
total
8 547
-
748
-
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.

21 724
-
2 164
-
pensions
1 922
-
191
-
health
1 447
-
144
-
unemployment
13
-
1
-
total
3 382
-
336
-
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
11 929
779
1 084
994
After tax
-9 429
1 721
1 416
1 506
Living cost
13 177
13 177
13 177
13 177
Free-cash
-22 606
-11 456
-11 761
-11 671

Estimated living cost  is ₴13177 per week

₴9043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3035
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
-₴70642
-₴25120
-₴19645
-₴19601
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
-
-
-
493
income
-
-
-
442
total
-
-
-
935
Employee
30 349
-
-
-
social contributions
2 489
-
355
-
income
6 694
-
-
-
total
9 183
-
355
-
Employer
30 349
-
-
-
social contributions
42 793
-
6 099
-
total
42 793
-
6 099
-
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
51 976
979
6 454
935
After tax
-49 476
1 521
-3 954
1 565
Living cost
21 166
21 166
21 166
21 166
Free-cash
-70 642
-19 645
-25 120
-19 601

Estimated living cost  is ₴21166 per week

₴13733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
-₴25461
-₴13873
-₴13988
-₴13924
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
-
-
-
145
surtax
-
-
-
-
total
-
-
-
1 014
Employee
22 595
-
2 020
-
social contributions
2 485
-
222
-
income
4 700
-
261
-
surtax
-
-
-
-
total
7 185
-
483
-
Employer
22 595
-
2 020
-
social contributions
5 366
-
480
-
total
5 366
-
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
12 551
1 078
963
1 014
After tax
-10 051
1 422
1 537
1 486
Living cost
15 410
15 410
15 410
15 410
Free-cash
-25 461
-13 988
-13 873
-13 924

Estimated living cost  is ₴15410 per week

₴11530
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.
₴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.
₴2714
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
-₴37879
-₴22091
-₴22468
-₴23281
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
-
-
-
71
health
-
-
-
131
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 774
other
-
-
-
77
total
-
-
-
2 053
Employee
30 769
-
1 904
-
pensions
3 480
-
215
-
social contributions
876
-
54
-
income
2 685
-
-
-
surtax
-
-
-
-
total
7 041
-
269
-
Employer
30 769
-
1 904
-
pensions
5 056
-
313
-
other
1 062
-
65
-
health
2 154
-
133
-
unemployment
1 246
-
77
-
social contributions
92
-
6
-
total
9 610
-
594
-
Corporate
-
2 500
-
-
income
-
700
-
-
surtax
-
-
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
surtax
-
-
-
-
social contributions
-
310
-
-
withholding
-
230
-
-
total
-
540
-
-
Income
2 500
2 500
2 500
2 500
Total tax
16 651
1 240
863
2 053
After tax
-14 151
1 260
1 637
447
Living cost
23 728
23 728
23 728
23 728
Free-cash
-37 879
-22 468
-22 091
-23 281

Estimated living cost  is ₴23728 per week

₴16059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
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.
₴5403
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
-₴15741
-₴12744
-₴12517
-₴12817
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
-
-
-
550
income
-
-
-
-
total
-
-
-
550
Employee
15 794
-
2 164
-
social contributions
1 026
-
141
-
income
-
-
-
-
total
1 026
-
141
-
Employer
15 794
-
2 164
-
social contributions
2 448
-
336
-
total
2 448
-
336
-
Corporate
-
2 500
-
-
income
-
250
-
-
total
-
250
-
-
Dividends
-
2 250
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
3 474
250
477
550
After tax
-974
2 250
2 023
1 950
Living cost
14 767
14 767
14 767
14 767
Free-cash
-15 741
-12 517
-12 744
-12 817

Estimated living cost  is ₴14767 per week

₴9548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1113
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.
₴3828
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
-₴104461
-₴104461
-₴104461
-₴21735
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
municipal
-
-
-
-
pensions
-
-
-
426
labour market
-
-
-
166
national
-
-
-
-
total
-
-
-
592
Employee
99 790
99 790
99 790
-
pensions
142
142
142
-
municipal
21 250
21 250
21 250
-
national
12 191
12 191
12 191
-
labour market
7 972
7 972
7 972
-
total
41 555
41 555
41 555
-
Employer
99 790
99 790
99 790
-
municipal
21 284
21 284
21 284
-
pensions
284
284
284
-
national
12 212
12 212
12 212
-
labour market
7 983
7 983
7 983
-
total
41 763
41 763
41 763
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
83 318
83 318
83 318
592
After tax
-80 818
-80 818
-80 818
1 908
Living cost
23 643
23 643
23 643
23 643
Free-cash
-104 461
-104 461
-104 461
-21 735

Estimated living cost  is ₴23643 per week

₴16181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴364
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.
₴5006
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
-₴17942
-₴9476
-₴10593
-₴11764
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
accident
-
-
-
126
health
-
-
-
1 086
income
-
-
-
-
pensions
-
-
-
2 072
other
-
-
-
185
total
-
-
-
3 469
Employee
16 981
-
2 077
-
pensions
1 912
-
234
-
health
1 944
-
238
-
income
2 330
-
285
-
total
6 186
-
757
-
Employer
16 981
-
2 077
-
pensions
2 761
-
338
-
unemployment
416
-
51
-
accident
284
-
35
-
total
3 461
-
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
9 647
2 298
1 181
3 469
After tax
-7 147
202
1 319
-969
Living cost
10 795
10 795
10 795
10 795
Free-cash
-17 942
-10 593
-9 476
-11 764

Estimated living cost  is ₴10795 per week

₴7857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴2119
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
-₴28223
-₴17280
-₴17131
-₴16811
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
health
-
-
-
-
municipal
-
-
-
450
national
-
-
-
-
total
-
-
-
450
Employee
25 847
-
2 103
-
unemployment
388
-
32
-
pensions
1 744
-
142
-
municipal
4 233
-
348
-
national
427
-
-
-
health
193
-
-
-
total
6 985
-
522
-
Employer
25 847
-
2 103
-
pensions
4 484
-
365
-
health
199
-
16
-
unemployment
168
-
14
-
accident
26
-
2
-
total
4 877
-
397
-
Corporate
-
2 500
-
-
income
-
500
-
-
total
-
500
-
-
Dividends

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

-
1 500
-
-
national
-
-
-
-
municipal
-
270
-
-
total
-
270
-
-
Income
2 500
2 500
2 500
2 500
Total tax
11 862
770
919
450
After tax
-9 362
1 730
1 581
2 050
Living cost
18 861
18 861
18 861
18 861
Free-cash
-28 223
-17 131
-17 280
-16 811

Estimated living cost  is ₴18861 per week

₴12320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4427
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
-₴16454
-₴15687
-₴19982
-₴12263
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
-
-
-
18 676
social contributions
-
-
-
2 913
health
-
-
-
476
income
-
-
-
-
total
-
-
-
3 389
Employee
37 777
37 777
37 777
-
health
293
642
216
-
social contributions
1 428
3 135
1 057
-
income
4 113
3 497
4 247
-
total
5 834
7 274
5 520
-
Employer
37 777
37 777
37 777
-
health
318
699
236
-
social contributions
1 428
3 135
1 057
-
total
1 746
3 834
1 293
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 580
11 108
6 813
3 389
After tax
-5 080
-8 608
-4 313
-889
Living cost
11 374
11 374
11 374
11 374
Free-cash
-16 454
-19 982
-15 687
-12 263

Estimated living cost  is ₴11374 per week

₴6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3190
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
-₴9937
-₴8236
-₴5730
-₴10217
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
health
-
-
-
1 778
income
-
-
-
-
pensions
-
-
-
3 125
unemployment
-
-
-
14
total
-
-
-
4 917
Employee

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

11 276
-
1 618
-
unemployment
56
-
43
-
pensions
1 691
-
1 284
-
health
958
-
727
-
income
771
-
-
-
total
3 476
-
2 054
-
Employer

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

11 276
-
1 618
-
pensions
620
-
471
-
health
485
-
368
-
unemployment
56
-
43
-
total
1 161
-
882
-
Corporate
-
2 500
-
-
income
-
225
-
-
total
-
225
-
-
Dividends
-
2 275
-
-
withholding
-
205
-
-
total
-
205
-
-
Income
2 500
2 500
2 500
2 500
Total tax
4 637
430
2 936
4 917
After tax
-2 137
2 070
-436
-2 417
Living cost
7 800
7 800
7 800
7 800
Free-cash
-9 937
-5 730
-8 236
-10 217

Estimated living cost  is ₴7800 per week

₴4977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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 Podgorica model

Close
Valencia , Spain
-₴21456
-₴17281
-₴11788
-₴14178
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
accident
-
-
-
95
income
-
-
-
-
pensions
-
-
-
2 990
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 169
Employee
18 165
-
-
-
unemployment
282
-
255
-
pensions
854
-
771
-
income
3 502
-
-
-
other
18
-
17
-
total
4 656
-
1 043
-
Employer
18 165
-
-
-
pensions
4 287
-
3 872
-
other
145
-
131
-
unemployment
999
-
902
-
accident
360
-
324
-
total
5 791
-
5 229
-
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
10 447
779
6 272
3 169
After tax
-7 947
1 721
-3 772
-669
Living cost
13 509
13 509
13 509
13 509
Free-cash
-21 456
-11 788
-17 281
-14 178

Estimated living cost  is ₴13509 per week

₴9119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1299
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.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴447
₴363
₴604
₴292
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
health
-
-
-
362
income
-
-
-
390
pensions
-
-
-
500
total
-
-
-
1 252
Employee
1 457
-
2 041
-
unemployment
15
-
20
-
pensions
131
-
184
-
health
73
-
102
-
income
282
-
416
-
total
501
-
722
-
Employer
1 457
-
2 041
-
pensions
160
-
224
-
health
138
-
194
-
unemployment
29
-
41
-
total
327
-
459
-
Corporate
716
2 500
-
-
income
157
550
-
-
total
157
550
-
-
Dividends
558
1 950
-
-
withholding
112
390
-
-
total
112
390
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 097
940
1 181
1 252
After tax
1 403
1 560
1 319
1 248
Living cost
956
956
956
956
Free-cash
447
604
363
292

Estimated living cost  is ₴956 per week

₴568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
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.
₴289
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
-₴12597
-₴6961
-₴6686
-₴6960
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
health
-
-
-
262
income
-
-
-
8
pensions
-
-
-
660
unemployment
-
-
-
38
total
-
-
-
968
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.

12 805
-
2 045
-
unemployment
96
-
19
-
pensions
1 793
-
356
-
health
659
-
131
-
income
1 765
-
8
-
total
4 313
-
514
-
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.

12 805
-
2 045
-
pensions
1 537
-
305
-
health
659
-
131
-
unemployment
96
-
19
-
total
2 292
-
455
-
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
6 605
694
969
968
After tax
-4 105
1 806
1 531
1 532
Living cost
8 492
8 492
8 492
8 492
Free-cash
-12 597
-6 686
-6 961
-6 960

Estimated living cost  is ₴8492 per week

₴5718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴657
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.
₴1872
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
-₴21096
-₴11707
-₴11822
-₴11758
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
-
-
-
145
surtax
-
-
-
-
total
-
-
-
1 014
Employee
19 067
-
2 020
-
social contributions
2 098
-
222
-
income
3 726
-
261
-
surtax
-
-
-
-
total
5 824
-
483
-
Employer
19 067
-
2 020
-
social contributions
4 528
-
480
-
total
4 528
-
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
10 352
1 078
963
1 014
After tax
-7 852
1 422
1 537
1 486
Living cost
13 244
13 244
13 244
13 244
Free-cash
-21 096
-11 822
-11 707
-11 758

Estimated living cost  is ₴13244 per week

₴9381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2709
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
-₴28790
-₴21038
-₴15544
-₴17934
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
accident
-
-
-
95
income
-
-
-
-
pensions
-
-
-
2 990
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 169
Employee
23 726
-
-
-
unemployment
367
-
255
-
pensions
1 115
-
771
-
income
4 956
-
-
-
other
23
-
17
-
total
6 461
-
1 043
-
Employer
23 726
-
-
-
pensions
5 599
-
3 872
-
other
190
-
131
-
unemployment
1 305
-
902
-
accident
470
-
324
-
total
7 564
-
5 229
-
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
14 025
779
6 272
3 169
After tax
-11 525
1 721
-3 772
-669
Living cost
17 266
17 266
17 266
17 266
Free-cash
-28 790
-15 544
-21 038
-17 934

Estimated living cost  is ₴17266 per week

₴12399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3281
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
-₴10876
-₴7223
-₴6307
-₴7175
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
health
-
-
-
368
income
-
-
-
375
pensions

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

-
-
-
474
unemployment
-
-
-
13
total
-
-
-
1 230
Employee
11 183
-
1 872
-
accident

We are using the highest rate at 1.1%.

123
-
35
-
pensions

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

982
-
281
-
health
514
-
147
-
income
1 118
-
187
-
total
2 737
-
650
-
Employer
11 183
-
1 872
-
pensions

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

1 232
-
353
-
health
772
-
221
-
unemployment
67
-
19
-
accident

We are using the highest rate at 1.1%.

123
-
35
-
total
2 194
-
628
-
Corporate
-
2 500
-
-
income
-
250
-
-
total
-
250
-
-
Dividends
-
2 250
-
-
withholding
-
112
-
-
total
-
112
-
-
Income
2 500
2 500
2 500
2 500
Total tax
4 931
362
1 278
1 230
After tax
-2 431
2 138
1 222
1 270
Living cost
8 445
8 445
8 445
8 445
Free-cash
-10 876
-6 307
-7 223
-7 175

Estimated living cost  is ₴8445 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
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
-₴21944
-₴19823
-₴17543
-₴19823
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
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.

-
-
-
3 356
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.

-
-
-
-
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
-
-
-
3 356
Employee

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

24 444
-
2 500
-
health

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

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

3 356
-
3 356
-
income

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

2 010
-
-
-
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.

111
-
-
-
total
5 477
-
3 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
income
-
375
-
-
chamber of commerce
-
78
-
-
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
-
-
trade
-
359
-
-
total
-
833
-
-
Dividends
-
1 667
-
-
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.

-
13
-
-
withholding
-
230
-
-
total
-
243
-
-
Income
2 500
2 500
2 500
2 500
Total tax
5 477
1 076
3 356
3 356
After tax
-2 977
1 424
-856
-856
Living cost
18 967
18 967
18 967
18 967
Free-cash
-21 944
-17 543
-19 823
-19 823

Estimated living cost  is ₴18967 per week

₴13084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2041
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.
₴3567
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
-₴35929
-₴25485
-₴26234
-₴25485
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
38 428
-
2 500
-
social contributions
3 193
-
-
-
income
7 251
-
-
-
total
10 444
-
-
-
Employer
38 428
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
income
-
312
-
-
total
-
312
-
-
Dividends
-
2 188
-
-
withholding
-
437
-
-
total
-
437
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 444
749
-
-
After tax
-7 944
1 751
2 500
2 500
Living cost
27 985
27 985
27 985
27 985
Free-cash
-35 929
-26 234
-25 485
-25 485

Estimated living cost  is ₴27985 per week

₴21291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴4147
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
-₴23760
-₴17041
-₴17674
-₴32350
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
income
-
-
-
13 984
health

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

-
-
-
3 033
total
-
-
-
17 017
Employee
22 537
-
1 646
-
social contributions
2 258
-
854
-
income
2 445
-
-
-
total
4 703
-
854
-
Employer
22 537
-
1 646
-
social contributions
2 258
-
854
-
total
2 258
-
854
-
Corporate
-
2 500
-
-
income
-
875
-
-
total
-
875
-
-
Dividends
-
1 625
-
-
social contributions
1 466
1 466
-
-
total
1 466
1 466
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 427
2 341
1 708
17 017
After tax
-5 927
159
792
-14 517
Living cost
17 833
17 833
17 833
17 833
Free-cash
-23 760
-17 674
-17 041
-32 350

Estimated living cost  is ₴17833 per week

₴11747
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.
₴273
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.
₴4407
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
-₴24935
-₴15882
-₴15971
-₴15844
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
24 494
-
2 453
-
pensions
1 869
-
-
-
health
320
-
-
-
income
4 461
-
491
-
total
6 650
-
491
-
Employer
24 494
-
2 453
-
pensions
2 475
-
-
-
health
466
-
47
-
total
2 941
-
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
9 591
627
538
500
After tax
-7 091
1 873
1 962
2 000
Living cost
17 844
17 844
17 844
17 844
Free-cash
-24 935
-15 971
-15 882
-15 844

Estimated living cost  is ₴17844 per week

₴12241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3738
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
-₴19965
-₴10545
-₴11662
-₴12833
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
accident
-
-
-
126
health
-
-
-
1 086
income
-
-
-
-
pensions
-
-
-
2 072
other
-
-
-
185
total
-
-
-
3 469
Employee
18 662
-
2 077
-
pensions
2 101
-
234
-
health
2 137
-
238
-
income
2 560
-
285
-
total
6 798
-
757
-
Employer
18 662
-
2 077
-
pensions
3 034
-
338
-
unemployment
457
-
51
-
accident
312
-
35
-
total
3 803
-
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
10 601
2 298
1 181
3 469
After tax
-8 101
202
1 319
-969
Living cost
11 864
11 864
11 864
11 864
Free-cash
-19 965
-11 662
-10 545
-12 833

Estimated living cost  is ₴11864 per week

₴8706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
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.
₴2227
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
-₴8119
-₴5286
-₴4512
-₴5286
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.

-
-
-
2 500
income
-
-
-
250
health insurance
-
-
-
242
pensions
-
-
-
602
unemployment
-
-
-
39
work injury
-
-
-
16
total
-
-
-
1 149
Employee

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

10 618
-
2 500
-
unemployment
127
-
39
-
pensions
1 954
-
602
-
work injury
53
-
16
-
income
1 062
-
250
-
health insurance
786
-
242
-
total
3 982
-
1 149
-
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
3 982
375
1 149
1 149
After tax
-1 482
2 125
1 351
1 351
Living cost
6 637
6 637
6 637
6 637
Free-cash
-8 119
-4 512
-5 286
-5 286

Estimated living cost  is ₴6637 per week

₴4111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴1836
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
-₴38898
-₴22062
-₴18253
-₴20878
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
-
-
-
3 807
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
3 807
Employee
41 398
-
2 500
-
regional
625
-
-
-
municipal
247
-
-
-
national
6 996
-
-
-
social contributions
13 959
-
4 991
-
total
21 827
-
4 991
-
Employer
41 398
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
municipal
-
120
-
-
nationa
-
600
-
-
total
-
720
-
-
Dividends
-
1 779
-
-
withholding
-
462
-
-
total
-
462
-
-
Income
2 500
2 500
2 500
2 500
Total tax
21 827
1 182
4 991
3 807
After tax
-19 327
1 318
-2 491
-1 307
Living cost
19 571
19 571
19 571
19 571
Free-cash
-38 898
-18 253
-22 062
-20 878

Estimated living cost  is ₴19571 per week

₴13747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1346
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.
₴4181
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
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close