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
-₴17082
-₴16505
-₴16505
-₴14102
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
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.

-
-
-
-
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.

-
-
-
3 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 498
Employee

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

19 582
-
2 500
-
income

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

547
-
-
-
surtax

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

30
-
-
-
health

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

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

3 498
-
3 498
-
total
4 075
-
3 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
surtax

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

-
20
-
-
chamber of commerce
-
82
-
-
income
-
375
-
-
trade
-
393
-
-
total
-
870
-
-
Dividends
-
1 629
-
-
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
4 075
1 095
3 498
3 498
After tax
-1 575
1 405
-998
-998
Living cost
15 507
15 507
15 507
15 507
Free-cash
-17 082
-14 102
-16 505
-16 505

Estimated living cost  is ₴15507 per week

₴9755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴3655
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
-₴45376
-₴26097
-₴26142
-₴26755
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
national
-
-
-
-
pensions
-
-
-
300
municipal
-
-
-
-
social contributions
-
-
-
27
total
-
-
-
327
Employee
43 893
-
2 161
-
pensions
1 756
-
86
-
national
8 401
-
-
-
municipal
5 421
-
-
-
total
15 578
-
86
-
Employer
43 893
-
2 161
-
social contributions
472
-
23
-
pensions
3 511
-
173
-
total
3 983
-
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
19 561
940
282
327
After tax
-17 061
1 560
2 218
2 173
Living cost
28 315
28 315
28 315
28 315
Free-cash
-45 376
-26 755
-26 097
-26 142

Estimated living cost  is ₴28315 per week

₴19245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴424
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.
₴6014
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
-₴16064
-₴10059
-₴10138
-₴8651
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
surtax
-
-
-
-
income
-
-
-
-
microenterprise
-
-
-
375
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.

-
-
-
1 612
total
-
-
-
1 987
Employee
14 960
-
1 292
-
income
2 663
-
148
-
surtax
-
-
-
-
social contributions

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

1 646
-
552
-
total
4 309
-
700
-
Employer
14 960
-
1 292
-
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.

3 604
-
1 208
-
surtax
-
-
-
-
total
3 604
-
1 208
-
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
7 913
500
1 908
1 987
After tax
-5 413
2 000
592
513
Living cost
10 651
10 651
10 651
10 651
Free-cash
-16 064
-8 651
-10 059
-10 138

Estimated living cost  is ₴10651 per week

₴6795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2600
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
-₴48341
-₴48341
-₴20008
-₴45467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions
-
-
-
451
health
-
-
-
384
income
-
-
-
225
total
-
-
-
1 060
Employee
43 721
43 721
43 721
-
income

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

7 156
7 156
7 156
-
pensions
7 870
5 999
7 870
-
health
6 711
5 708
6 711
-
total
21 737
18 863
21 737
-
Employer
43 721
43 721
43 721
-
unemployment
1 574
1 574
1 574
-
health
3 039
3 039
3 039
-
pensions
3 043
3 043
3 043
-
total
7 656
7 656
7 656
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
29 393
26 519
29 393
1 060
After tax
-26 893
-24 019
-26 893
1 440
Living cost
21 448
21 448
21 448
21 448
Free-cash
-48 341
-45 467
-48 341
-20 008

Estimated living cost  is ₴21448 per week

₴15199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴341
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.
₴3974
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
-₴35695
-₴19062
-₴19150
-₴19032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
2
accident
-
-
-
5
national
-
-
-
-
pensions
-
-
-
270
health
-
-
-
156
municipal
-
-
-
530
other
-
-
-
290
total
-
-
-
1 253
Employee
29 064
-
1 902
-
national
-
-
-
-
municipal
8 667
-
567
-
total
8 667
-
567
-
Employer
29 064
-
1 902
-
accident
58
-
4
-
unemployment
767
-
50
-
health
1 787
-
117
-
pensions
3 142
-
206
-
other
3 377
-
221
-
total
9 131
-
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
17 798
1 135
1 165
1 253
After tax
-15 298
1 365
1 335
1 247
Living cost
20 397
20 397
20 397
20 397
Free-cash
-35 695
-19 032
-19 062
-19 150

Estimated living cost  is ₴20397 per week

₴13518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴310
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.
₴4567
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
-₴23464
-₴21111
-₴21111
-₴18722
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
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.

-
-
-
-
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.

-
-
-
3 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 498
Employee

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

25 963
-
2 500
-
income

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

2 231
-
-
-
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.

122
-
-
-
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.

3 498
-
3 498
-
total
5 851
-
3 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
surtax

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

-
20
-
-
chamber of commerce
-
82
-
-
income
-
375
-
-
trade
-
411
-
-
total
-
888
-
-
Dividends
-
1 612
-
-
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
-
209
-
-
total
-
221
-
-
Income
2 500
2 500
2 500
2 500
Total tax
5 851
1 109
3 498
3 498
After tax
-3 351
1 391
-998
-998
Living cost
20 113
20 113
20 113
20 113
Free-cash
-23 464
-18 722
-21 111
-21 111

Estimated living cost  is ₴20113 per week

₴13451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
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.
₴4240
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
-₴22885
-₴21208
-₴17638
-₴25682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 463
health
-
-
-
496
income
-
-
-
-
social contributions
-
-
-
3 036
total
-
-
-
3 532
Employee
39 369
39 369
39 369
-
income
4 134
3 644
4 427
-
social contributions
1 913
3 267
1 102
-
health
392
669
225
-
total
6 439
7 580
5 754
-
Employer
39 369
39 369
39 369
-
social contributions
1 913
3 267
1 102
-
health
427
729
246
-
total
2 340
3 996
1 348
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 779
11 576
7 102
3 532
After tax
-6 279
-9 076
-4 602
-1 032
Living cost
16 606
16 606
16 606
16 606
Free-cash
-22 885
-25 682
-21 208
-17 638

Estimated living cost  is ₴16606 per week

₴11352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3678
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
-₴14653
-₴9847
-₴8507
-₴10313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
66
pensions
-
-
-
437
health
-
-
-
306
income
-
-
-
254
total
-
-
-
1 063
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.

14 355
5 713
5 713
-
income
1 755
698
735
-
pensions
1 435
571
439
-
unemployment
215
86
66
-
health
1 005
400
307
-
total
4 410
1 755
1 547
-
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.

14 355
5 713
5 713
-
pensions
2 799
1 114
856
-
total
2 799
1 114
856
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 209
2 869
2 403
1 063
After tax
-4 709
-369
97
1 437
Living cost
9 944
9 944
9 944
9 944
Free-cash
-14 653
-10 313
-9 847
-8 507

Estimated living cost  is ₴9944 per week

₴6786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2146
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
-₴16934
-₴12047
-₴11790
-₴10366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions
-
-
-
1 166
health
-
-
-
758
income
-
-
-
-
total
-
-
-
1 924
Employee
14 524
-
530
-
income
1 635
-
-
-
pensions
291
-
117
-
unemployment
232
-
93
-
total
2 158
-
210
-
Employer
14 524
-
530
-
unemployment
117
-
47
-
health
1 888
-
758
-
pensions
2 905
-
1 166
-
total
4 910
-
1 971
-
Corporate
-
2 500
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
2 000
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 068
500
2 181
1 924
After tax
-4 568
2 000
319
576
Living cost
12 366
12 366
12 366
12 366
Free-cash
-16 934
-10 366
-12 047
-11 790

Estimated living cost  is ₴12366 per week

₴8482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2899
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
-₴18450
-₴9744
-₴12065
-₴10860
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
-
-
-
127
pensions
-
-
-
2 092
health
-
-
-
1 097
income
-
-
-
-
other
-
-
-
186
total
-
-
-
3 502
Employee
17 403
-
2 077
-
income
2 387
-
285
-
pensions
1 960
-
234
-
health
1 993
-
238
-
total
6 340
-
757
-
Employer
17 403
-
2 077
-
accident
291
-
35
-
unemployment
426
-
51
-
pensions
2 830
-
338
-
total
3 547
-
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
-
47
-
-
total
-
47
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 887
2 297
1 181
3 502
After tax
-7 387
203
1 319
-1 002
Living cost
11 063
11 063
11 063
11 063
Free-cash
-18 450
-10 860
-9 744
-12 065

Estimated living cost  is ₴11063 per week

₴8108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴2111
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
-₴3137
-₴2510
-₴2035
-₴2135
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
5 637
-
2 500
-
income
1 127
-
500
-
total
1 127
-
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
1 127
125
500
25
After tax
1 373
2 375
2 000
2 475
Living cost
4 510
4 510
4 510
4 510
Free-cash
-3 137
-2 135
-2 510
-2 035

Estimated living cost  is ₴4510 per week

₴2795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴124
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.
₴1216
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
-₴20775
-₴12278
-₴13109
-₴11805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions

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.

-
-
-
1 334
health
-
-
-
245
income
-
-
-
124
other
-
-
-
264
total
-
-
-
1 967
Employee
18 589
-
1 856
-
income
3 200
-
320
-
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.

1 301
-
129
-
unemployment
186
-
18
-
health
260
-
26
-
total
4 947
-
493
-
Employer
18 589
-
1 856
-
accident
149
-
15
-
unemployment
186
-
18
-
health
260
-
26
-
pensions

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

3 161
-
315
-
other
930
-
269
-
total
4 686
-
643
-
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
9 633
663
1 136
1 967
After tax
-7 133
1 837
1 364
533
Living cost
13 642
13 642
13 642
13 642
Free-cash
-20 775
-11 805
-12 278
-13 109

Estimated living cost  is ₴13642 per week

₴9639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₴53368
-₴32765
-₴32727
-₴32854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions
-
-
-
-
income
-
-
-
500
total
-
-
-
500
Employee
49 133
-
2 453
-
income
8 857
-
491
-
pensions
4 740
-
-
-
health
810
-
-
-
total
14 407
-
491
-
Employer
49 133
-
2 453
-
health
933
-
47
-
pensions
5 801
-
-
-
total
6 734
-
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
21 141
627
538
500
After tax
-18 641
1 873
1 962
2 000
Living cost
34 727
34 727
34 727
34 727
Free-cash
-53 368
-32 854
-32 765
-32 727

Estimated living cost  is ₴34727 per week

₴26021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4080
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.
₴4343
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
-₴8478
-₴5790
-₴5726
-₴4793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
14
pensions

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

-
-
-
510
health
-
-
-
396
income
-
-
-
375
total
-
-
-
1 295
Employee
9 177
-
1 823
-
income
918
-
183
-
pensions

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

806
-
303
-
accident

We are using the highest rate at 1.1%.

101
-
38
-
health
422
-
158
-
total
2 247
-
682
-
Employer
9 177
-
1 823
-
accident

We are using the highest rate at 1.1%.

101
-
38
-
unemployment
55
-
21
-
health
633
-
238
-
pensions

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

1 011
-
380
-
total
1 800
-
677
-
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
4 047
362
1 359
1 295
After tax
-1 547
2 138
1 141
1 205
Living cost
6 931
6 931
6 931
6 931
Free-cash
-8 478
-4 793
-5 790
-5 726

Estimated living cost  is ₴6931 per week

₴4046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2206
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
-₴53278
-₴55283
-₴26950
-₴52409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions
-
-
-
451
health
-
-
-
384
income
-
-
-
225
total
-
-
-
1 060
Employee
47 467
43 721
43 721
-
income

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

7 156
7 156
7 156
-
pensions
5 999
5 999
7 870
-
health
5 922
5 708
6 711
-
total
19 077
18 863
21 737
-
Employer
47 467
43 721
43 721
-
unemployment
1 709
1 574
1 574
-
health
3 299
3 039
3 039
-
pensions
3 303
3 043
3 043
-
total
8 311
7 656
7 656
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
27 388
26 519
29 393
1 060
After tax
-24 888
-24 019
-26 893
1 440
Living cost
28 390
28 390
28 390
28 390
Free-cash
-53 278
-52 409
-55 283
-26 950

Estimated living cost  is ₴28390 per week

₴20942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2536
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.
₴4587
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
-₴22460
-₴11397
-₴11449
-₴10945
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
-
-
-
338
solidarity contribution
-
-
-
-
income
-
-
-
215
social contributions
-
-
-
730
total
-
-
-
1 283
Employee
18 626
-
1 866
-
solidarity contribution
-
-
-
-
income
2 235
-
224
-
social contributions
1 211
-
121
-
health
2 515
-
252
-
total
5 961
-
597
-
Employer
18 626
-
1 866
-
social contributions
4 657
-
466
-
health
1 676
-
168
-
total
6 333
-
634
-
Corporate
-
2 500
-
-
income
-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 294
779
1 231
1 283
After tax
-9 794
1 721
1 269
1 217
Living cost
12 666
12 666
12 666
12 666
Free-cash
-22 460
-10 945
-11 397
-11 449

Estimated living cost  is ₴12666 per week

₴8798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2718
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
-₴43001
-₴24306
-₴23072
-₴20269
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
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
3 968
total
-
-
-
3 968
Employee
45 502
-
2 500
-
regional
429
-
-
-
national
7 884
-
-
-
social contributions
15 343
-
5 202
-
municipal
241
-
-
-
total
23 897
-
5 202
-
Employer
45 502
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
nationa
-
600
-
-
municipal
-
97
-
-
total
-
697
-
-
Dividends
-
1 802
-
-
withholding
-
468
-
-
total
-
468
-
-
Income
2 500
2 500
2 500
2 500
Total tax
23 897
1 165
5 202
3 968
After tax
-21 397
1 335
-2 702
-1 468
Living cost
21 604
21 604
21 604
21 604
Free-cash
-43 001
-20 269
-24 306
-23 072

Estimated living cost  is ₴21604 per week

₴15059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
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.
₴4796
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
-₴17994
-₴11341
-₴10874
-₴9726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
117
surtax
-
-
-
-
pensions
-
-
-
1 367
health
-
-
-
486
income
-
-
-
106
other
-
-
-
-
total
-
-
-
2 076
Employee
16 931
-
1 062
-
other
-
-
-
-
income
2 838
-
-
-
pensions
1 129
-
456
-
surtax
55
-
-
-
unemployment
1 179
-
475
-
health
432
-
174
-
total
5 633
-
1 105
-
Employer
16 931
-
1 062
-
unemployment
536
-
217
-
health
770
-
311
-
pensions
2 257
-
910
-
other
-
-
-
-
total
3 563
-
1 438
-
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
9 196
928
2 543
2 076
After tax
-6 696
1 572
-43
424
Living cost
11 298
11 298
11 298
11 298
Free-cash
-17 994
-9 726
-11 341
-10 874

Estimated living cost  is ₴11298 per week

₴6908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1043
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.
₴3087
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
-₴34617
-₴21762
-₴21724
-₴21851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions
-
-
-
-
income
-
-
-
500
total
-
-
-
500
Employee
32 928
-
2 453
-
income
5 930
-
491
-
pensions
2 795
-
-
-
health
478
-
-
-
total
9 203
-
491
-
Employer
32 928
-
2 453
-
health
626
-
47
-
pensions
3 564
-
-
-
total
4 190
-
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
13 393
627
538
500
After tax
-10 893
1 873
1 962
2 000
Living cost
23 724
23 724
23 724
23 724
Free-cash
-34 617
-21 851
-21 762
-21 724

Estimated living cost  is ₴23724 per week

₴17774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3924
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
-₴49538
-₴40086
-₴38536
-₴39456
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
national
-
-
-
-
pensions
-
-
-
230
health
-
-
-
132
regional
-
-
-
-
city
-
-
-
25
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
total
-
-
-
437
Employee
47 511
-
1 477
-
pensions
3 992
-
973
-
regional
1 556
-
-
-
national
225
-
-
-
unemployment
-
-
-
-
health
107
-
3
-
city
510
-
6
-
total
6 390
-
982
-
Employer
47 511
-
1 477
-
unemployment
-
-
-
-
health
107
-
3
-
pensions
3 992
-
973
-
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.

950
-
29
-
total
5 049
-
1 005
-
Corporate
-
2 500
-
-
national
-
213
-
-
regional
-
529
-
-
total
-
742
-
-
Dividends
-
1 759
-
-
withholding
-
615
-
-
total
-
615
-
-
Income
2 500
2 500
2 500
2 500
Total tax
11 439
1 357
1 987
437
After tax
-8 939
1 143
513
2 063
Living cost
40 599
40 599
40 599
40 599
Free-cash
-49 538
-39 456
-40 086
-38 536

Estimated living cost  is ₴40599 per week

₴26401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴498
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.
₴10056
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
-₴28269
-₴24452
-₴24452
-₴22075
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
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.

-
-
-
-
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.

-
-
-
3 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 498
Employee

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

30 769
-
2 500
-
income

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

3 618
-
-
-
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.

199
-
-
-
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.

3 498
-
3 498
-
total
7 315
-
3 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
surtax

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

-
20
-
-
chamber of commerce
-
82
-
-
income
-
375
-
-
trade
-
428
-
-
total
-
905
-
-
Dividends
-
1 594
-
-
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
-
204
-
-
total
-
216
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 315
1 121
3 498
3 498
After tax
-4 815
1 379
-998
-998
Living cost
23 454
23 454
23 454
23 454
Free-cash
-28 269
-22 075
-24 452
-24 452

Estimated living cost  is ₴23454 per week

₴17130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4144
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
-₴26256
-₴15883
-₴17144
-₴16256
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
surtax
-
-
-
-
pensions
-
-
-
1 841
health
-
-
-
136
income
-
-
-
-
social contributions
-
-
-
72
other
-
-
-
78
total
-
-
-
2 127
Employee
21 912
-
1 904
-
income
1 293
-
-
-
pensions
2 478
-
216
-
surtax
-
-
-
-
social contributions
625
-
54
-
total
4 396
-
270
-
Employer
21 912
-
1 904
-
unemployment
887
-
77
-
social contributions
66
-
6
-
health
1 534
-
133
-
pensions
3 600
-
314
-
other
756
-
66
-
total
6 843
-
596
-
Corporate
-
2 500
-
-
surtax
-
-
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
surtax
-
-
-
-
social contributions
-
309
-
-
withholding
-
230
-
-
total
-
539
-
-
Income
2 500
2 500
2 500
2 500
Total tax
11 239
1 239
866
2 127
After tax
-8 739
1 261
1 634
373
Living cost
17 516
17 516
17 516
17 516
Free-cash
-26 256
-16 256
-15 883
-17 144

Estimated living cost  is ₴17516 per week

₴11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4750
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
-₴23167
-₴14147
-₴15408
-₴14520
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
surtax
-
-
-
-
pensions
-
-
-
1 841
health
-
-
-
136
income
-
-
-
-
social contributions
-
-
-
72
other
-
-
-
78
total
-
-
-
2 127
Employee
19 559
-
1 904
-
income
1 008
-
-
-
pensions
2 212
-
216
-
surtax
-
-
-
-
social contributions
558
-
54
-
total
3 778
-
270
-
Employer
19 559
-
1 904
-
unemployment
792
-
77
-
social contributions
58
-
6
-
health
1 369
-
133
-
pensions
3 214
-
314
-
other
675
-
66
-
total
6 108
-
596
-
Corporate
-
2 500
-
-
surtax
-
-
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
surtax
-
-
-
-
social contributions
-
309
-
-
withholding
-
230
-
-
total
-
539
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 886
1 239
866
2 127
After tax
-7 386
1 261
1 634
373
Living cost
15 781
15 781
15 781
15 781
Free-cash
-23 167
-14 520
-14 147
-15 408

Estimated living cost  is ₴15781 per week

₴9152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4727
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
-₴16204
-₴9701
-₴10076
-₴10183
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
-
-
-
452
income
-
-
-
375
social contributions
-
-
-
893
total
-
-
-
1 720
Employee
17 359
-
2 500
-
income
2 895
-
-
-
social contributions
2 396
-
893
-
health
1 212
-
452
-
total
6 503
-
1 345
-
Employer
17 359
-
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
-
-
social contributions
893
893
-
-
withholding
-
357
-
-
health
452
452
-
-
total
1 345
1 702
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 848
1 827
1 345
1 720
After tax
-5 348
673
1 155
780
Living cost
10 856
10 856
10 856
10 856
Free-cash
-16 204
-10 183
-9 701
-10 076

Estimated living cost  is ₴10856 per week

₴7265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴669
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.
₴2671
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
-₴31037
-₴21970
-₴20126
-₴27199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
3 140
surtax
-
-
-
101
pensions
-
-
-
944
health
-
-
-
391
income
-
-
-
-
chamber of commerce
-
-
-
10
total
-
-
-
4 586
Employee
25 586
20 403
20 403
-
other
256
204
51
-
income
2 913
1 505
2 397
-
pensions
2 620
2 089
523
-
unemployment
768
612
154
-
health
990
790
197
-
total
7 547
5 200
3 322
-
Employer
25 586
20 403
20 403
-
chamber of commerce
102
82
82
-
surtax
101
101
101
-
accident
332
265
-
-
payroll
768
612
612
-
unemployment
768
612
154
-
health
967
771
193
-
pensions
3 211
2 561
641
-
other
1 215
969
839
-
total
7 464
5 973
2 622
-
Corporate
1 943
1 943
1 943
-
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.

486
486
486
-
total
486
486
486
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
15 497
11 659
6 430
4 586
After tax
-12 997
-9 159
-3 930
-2 086
Living cost
18 040
18 040
18 040
18 040
Free-cash
-31 037
-27 199
-21 970
-20 126

Estimated living cost  is ₴18040 per week

₴12032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1539
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.
₴4173
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
-₴44783
-₴17507
-₴18866
-₴17087
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
national
-
-
-
-
communal

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

-
-
-
-
social contributions
-
-
-
2 699
total
-
-
-
2 699
Employee

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

36 622
-
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.

2 747
-
145
-
communal

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

1 910
-
101
-
national
11 259
-
421
-
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.

319
-
17
-
health

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

1 721
-
91
-
total
17 956
-
775
-
Employer

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

36 622
-
1 936
-
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.

476
-
25
-
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.

534
-
28
-
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.

2 252
-
120
-
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.

3 245
-
172
-
surtax
4 153
-
220
-
total
10 660
-
565
-
Corporate
-
2 500
-
-
surtax
-
10
-
-
income
-
500
-
-
total
-
510
-
-
Dividends
-
1 990
-
-
withholding

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

-
410
-
-
total
-
410
-
-
Income
2 500
2 500
2 500
2 500
Total tax
28 616
920
1 340
2 699
After tax
-26 116
1 580
1 160
-199
Living cost
18 667
18 667
18 667
18 667
Free-cash
-44 783
-17 087
-17 507
-18 866

Estimated living cost  is ₴18667 per week

₴12024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4719
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
-₴31108
-₴22525
-₴19293
-₴16769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
77
accident
-
-
-
99
pensions
-
-
-
3 116
income
-
-
-
-
other
-
-
-
11
total
-
-
-
3 303
Employee
25 485
-
-
-
other
25
-
17
-
income
5 377
-
-
-
pensions
1 198
-
803
-
unemployment
395
-
265
-
total
6 995
-
1 085
-
Employer
25 485
-
-
-
accident
504
-
338
-
unemployment
1 402
-
940
-
pensions
6 014
-
4 035
-
other
203
-
137
-
total
8 123
-
5 450
-
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
15 118
779
6 535
3 303
After tax
-12 618
1 721
-4 035
-803
Living cost
18 490
18 490
18 490
18 490
Free-cash
-31 108
-16 769
-22 525
-19 293

Estimated living cost  is ₴18490 per week

₴13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3296
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
-₴40903
-₴31268
-₴31268
-₴26113
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
-
-
-
220
surtax
-
-
-
-
pensions
-
-
-
3 898
communal
-
-
-
-
health
-
-
-
1 827
income
-
-
-
-
total
-
-
-
5 945
Employee
38 772
-
-
-
income
3 745
-
-
-
pensions
3 101
-
1 949
-
surtax
2 376
-
-
-
health
1 726
-
1 084
-
total
10 948
-
3 033
-
Employer
38 772
-
-
-
accident
349
-
220
-
health
1 182
-
743
-
pensions
3 101
-
1 949
-
total
4 632
-
2 912
-
Corporate
-
2 500
-
-
surtax
-
26
-
-
communal
-
-
-
-
income
-
375
-
-
total
-
401
-
-
Dividends
-
2 099
-
-
income
-
74
-
-
withholding
-
315
-
-
total
-
389
-
-
Income
2 500
2 500
2 500
2 500
Total tax
15 580
790
5 945
5 945
After tax
-13 080
1 710
-3 445
-3 445
Living cost
27 823
27 823
27 823
27 823
Free-cash
-40 903
-26 113
-31 268
-31 268

Estimated living cost  is ₴27823 per week

₴20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4971
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
-₴18371
-₴11543
-₴11076
-₴9928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
117
surtax
-
-
-
-
pensions
-
-
-
1 367
health
-
-
-
486
income
-
-
-
106
other
-
-
-
-
total
-
-
-
2 076
Employee
17 242
-
1 062
-
other
-
-
-
-
income
2 890
-
-
-
pensions
1 150
-
456
-
surtax
61
-
-
-
unemployment
1 200
-
475
-
health
440
-
174
-
total
5 741
-
1 105
-
Employer
17 242
-
1 062
-
unemployment
547
-
217
-
health
784
-
311
-
pensions
2 299
-
910
-
other
-
-
-
-
total
3 630
-
1 438
-
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
9 371
928
2 543
2 076
After tax
-6 871
1 572
-43
424
Living cost
11 500
11 500
11 500
11 500
Free-cash
-18 371
-9 928
-11 543
-11 076

Estimated living cost  is ₴11500 per week

₴6943
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.
₴267
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.
₴3291
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
-₴25901
-₴16494
-₴15260
-₴12477
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
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
3 968
total
-
-
-
3 968
Employee
28 400
-
2 500
-
regional
382
-
-
-
national
4 499
-
-
-
social contributions
9 577
-
5 202
-
municipal
151
-
-
-
total
14 609
-
5 202
-
Employer
28 400
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
nationa
-
600
-
-
municipal
-
124
-
-
total
-
724
-
-
Dividends
-
1 775
-
-
withholding
-
461
-
-
total
-
461
-
-
Income
2 500
2 500
2 500
2 500
Total tax
14 609
1 185
5 202
3 968
After tax
-12 109
1 315
-2 702
-1 468
Living cost
13 792
13 792
13 792
13 792
Free-cash
-25 901
-12 477
-16 494
-15 260

Estimated living cost  is ₴13792 per week

₴8577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴3581
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
-₴28257
-₴14339
-₴14391
-₴13887
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
-
-
-
338
solidarity contribution
-
-
-
-
income
-
-
-
215
social contributions
-
-
-
730
total
-
-
-
1 283
Employee
22 952
-
1 866
-
solidarity contribution
-
-
-
-
income
2 754
-
224
-
social contributions
1 492
-
121
-
health
3 099
-
252
-
total
7 345
-
597
-
Employer
22 952
-
1 866
-
social contributions
5 738
-
466
-
health
2 066
-
168
-
total
7 804
-
634
-
Corporate
-
2 500
-
-
income
-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
2 500
2 500
2 500
2 500
Total tax
15 149
779
1 231
1 283
After tax
-12 649
1 721
1 269
1 217
Living cost
15 608
15 608
15 608
15 608
Free-cash
-28 257
-13 887
-14 339
-14 391

Estimated living cost  is ₴15608 per week

₴11607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴865
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.
₴2866
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
-₴26806
-₴20163
-₴18319
-₴25392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
3 140
surtax
-
-
-
-
pensions
-
-
-
944
health
-
-
-
391
income
-
-
-
-
chamber of commerce
-
-
-
10
total
-
-
-
4 485
Employee
22 380
20 403
20 403
-
other
223
204
51
-
income
1 994
1 505
2 397
-
pensions
2 292
2 089
523
-
unemployment
671
612
154
-
health
866
790
197
-
total
6 046
5 200
3 322
-
Employer
22 380
20 403
20 403
-
chamber of commerce
89
82
82
-
surtax
-
-
-
-
accident
291
265
-
-
payroll
671
612
612
-
unemployment
671
612
154
-
health
846
771
193
-
pensions
2 809
2 561
641
-
other
1 063
969
839
-
total
6 440
5 872
2 521
-
Corporate
1 943
1 943
1 943
-
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.

486
486
486
-
total
486
486
486
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
12 972
11 558
6 329
4 485
After tax
-10 472
-9 058
-3 829
-1 985
Living cost
16 334
16 334
16 334
16 334
Free-cash
-26 806
-25 392
-20 163
-18 319

Estimated living cost  is ₴16334 per week

₴9798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4576
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
-₴6285
-₴5028
-₴4553
-₴4653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
2 500
microenterprise

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

-
-
-
25
total
-
-
-
25
Employee
8 785
-
2 500
-
income
1 757
-
500
-
total
1 757
-
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
1 757
125
500
25
After tax
743
2 375
2 000
2 475
Living cost
7 028
7 028
7 028
7 028
Free-cash
-6 285
-4 653
-5 028
-4 553

Estimated living cost  is ₴7028 per week

₴4756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴1741
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
-₴23664
-₴12316
-₴12226
-₴12011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
2 500
unemployment
-
-
-
4
pensions
-
-
-
457
health
-
-
-
246
income
-
-
-
287
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.

22 640
-
2 164
-
income
3 904
-
270
-
pensions
3 509
-
335
-
unemployment
32
-
3
-
health
1 462
-
140
-
total
8 907
-
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.

22 640
-
2 164
-
unemployment
14
-
1
-
health
1 508
-
144
-
pensions
2 003
-
191
-
total
3 525
-
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
12 432
779
1 084
994
After tax
-9 932
1 721
1 416
1 506
Living cost
13 732
13 732
13 732
13 732
Free-cash
-23 664
-12 011
-12 316
-12 226

Estimated living cost  is ₴13732 per week

₴9424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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 Ljubljana model

Close
Oslo , Norway
-₴80441
-₴28820
-₴22488
-₴22481
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
-
-
-
427
social contributions
-
-
-
559
total
-
-
-
986
Employee
34 416
-
-
-
income
7 591
-
-
-
social contributions
2 822
-
402
-
total
10 413
-
402
-
Employer
34 416
-
-
-
social contributions
48 526
-
6 916
-
total
48 526
-
6 916
-
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
58 939
979
7 318
986
After tax
-56 439
1 521
-4 818
1 514
Living cost
24 002
24 002
24 002
24 002
Free-cash
-80 441
-22 481
-28 820
-22 488

Estimated living cost  is ₴24002 per week

₴15574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
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.
₴5865
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
-₴26639
-₴14521
-₴14574
-₴14637
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
surtax
-
-
-
-
income
-
-
-
146
social contributions

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

-
-
-
869
total
-
-
-
1 015
Employee
23 547
-
2 020
-
income
4 898
-
260
-
surtax
-
-
-
-
social contributions
2 590
-
222
-
total
7 488
-
482
-
Employer
23 547
-
2 020
-
social contributions
5 592
-
480
-
total
5 592
-
480
-
Corporate
-
2 500
-
-
surtax
-
-
-
-
income
-
525
-
-
total
-
525
-
-
Dividends
-
1 975
-
-
withholding
-
553
-
-
total
-
553
-
-
Income
2 500
2 500
2 500
2 500
Total tax
13 080
1 078
962
1 015
After tax
-10 580
1 422
1 538
1 485
Living cost
16 059
16 059
16 059
16 059
Free-cash
-26 639
-14 637
-14 521
-14 574

Estimated living cost  is ₴16059 per week

₴12015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2828
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
-₴39581
-₴23094
-₴24355
-₴23467
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
surtax
-
-
-
-
pensions
-
-
-
1 841
health
-
-
-
136
income
-
-
-
-
social contributions
-
-
-
72
other
-
-
-
78
total
-
-
-
2 127
Employee
32 066
-
1 904
-
income
2 798
-
-
-
pensions
3 627
-
216
-
surtax
-
-
-
-
social contributions
913
-
54
-
total
7 338
-
270
-
Employer
32 066
-
1 904
-
unemployment
1 299
-
77
-
social contributions
96
-
6
-
health
2 244
-
133
-
pensions
5 269
-
314
-
other
1 107
-
66
-
total
10 015
-
596
-
Corporate
-
2 500
-
-
surtax
-
-
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
1 800
-
-
surtax
-
-
-
-
social contributions
-
309
-
-
withholding
-
230
-
-
total
-
539
-
-
Income
2 500
2 500
2 500
2 500
Total tax
17 353
1 239
866
2 127
After tax
-14 853
1 261
1 634
373
Living cost
24 728
24 728
24 728
24 728
Free-cash
-39 581
-23 467
-23 094
-24 355

Estimated living cost  is ₴24728 per week

₴16735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴339
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.
₴5630
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
-₴16511
-₴13366
-₴13440
-₴13140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
income
-
-
-
-
social contributions
-
-
-
550
total
-
-
-
550
Employee
16 460
-
2 165
-
income
-
-
-
-
social contributions
1 070
-
141
-
total
1 070
-
141
-
Employer
16 460
-
2 165
-
social contributions
2 551
-
335
-
total
2 551
-
335
-
Corporate
-
2 500
-
-
income
-
250
-
-
total
-
250
-
-
Dividends
-
2 250
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
3 621
250
476
550
After tax
-1 121
2 250
2 024
1 950
Living cost
15 390
15 390
15 390
15 390
Free-cash
-16 511
-13 140
-13 366
-13 440

Estimated living cost  is ₴15390 per week

₴9951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴3989
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
-₴108836
-₴108836
-₴22718
-₴108836
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
national
-
-
-
-
pensions
-
-
-
443
municipal
-
-
-
-
labour market
-
-
-
165
total
-
-
-
608
Employee
103 873
103 873
103 873
-
labour market
8 298
8 298
8 298
-
pensions
148
148
148
-
national
12 690
12 690
12 690
-
municipal
22 119
22 119
22 119
-
total
43 255
43 255
43 255
-
Employer
103 873
103 873
103 873
-
labour market
8 310
8 310
8 310
-
national
12 712
12 712
12 712
-
municipal
22 154
22 154
22 154
-
pensions
295
295
295
-
total
43 471
43 471
43 471
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
86 726
86 726
86 726
608
After tax
-84 226
-84 226
-84 226
1 892
Living cost
24 610
24 610
24 610
24 610
Free-cash
-108 836
-108 836
-108 836
-22 718

Estimated living cost  is ₴24610 per week

₴16843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴378
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.
₴5211
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
-₴18140
-₴9581
-₴11902
-₴10697
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
-
-
-
127
pensions
-
-
-
2 092
health
-
-
-
1 097
income
-
-
-
-
other
-
-
-
186
total
-
-
-
3 502
Employee
17 146
-
2 077
-
income
2 352
-
285
-
pensions
1 931
-
234
-
health
1 963
-
238
-
total
6 246
-
757
-
Employer
17 146
-
2 077
-
accident
286
-
35
-
unemployment
420
-
51
-
pensions
2 788
-
338
-
total
3 494
-
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
-
47
-
-
total
-
47
-
-
Income
2 500
2 500
2 500
2 500
Total tax
9 740
2 297
1 181
3 502
After tax
-7 240
203
1 319
-1 002
Living cost
10 900
10 900
10 900
10 900
Free-cash
-18 140
-10 697
-9 581
-11 902

Estimated living cost  is ₴10900 per week

₴7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2140
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
-₴29518
-₴18074
-₴17606
-₴17926
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
national
-
-
-
-
health
-
-
-
-
municipal
-
-
-
450
total
-
-
-
450
Employee
26 936
-
2 103
-
pensions
1 818
-
142
-
national
445
-
-
-
unemployment
404
-
31
-
municipal
4 412
-
348
-
health
201
-
-
-
total
7 280
-
521
-
Employer
26 936
-
2 103
-
accident
27
-
2
-
unemployment
175
-
14
-
health
207
-
17
-
pensions
4 673
-
364
-
total
5 082
-
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
12 362
770
918
450
After tax
-9 862
1 730
1 582
2 050
Living cost
19 656
19 656
19 656
19 656
Free-cash
-29 518
-17 926
-18 074
-17 606

Estimated living cost  is ₴19656 per week

₴12839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴313
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.
₴4614
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
-₴17253
-₴16456
-₴12886
-₴20930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 463
health
-
-
-
496
income
-
-
-
-
social contributions
-
-
-
3 036
total
-
-
-
3 532
Employee
39 369
39 369
39 369
-
income
4 287
3 644
4 427
-
social contributions
1 488
3 267
1 102
-
health
305
669
225
-
total
6 080
7 580
5 754
-
Employer
39 369
39 369
39 369
-
social contributions
1 488
3 267
1 102
-
health
331
729
246
-
total
1 819
3 996
1 348
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 500
2 500
2 500
2 500
Total tax
7 899
11 576
7 102
3 532
After tax
-5 399
-9 076
-4 602
-1 032
Living cost
11 854
11 854
11 854
11 854
Free-cash
-17 253
-20 930
-16 456
-12 886

Estimated living cost  is ₴11854 per week

₴7104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3325
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
-₴10460
-₴8690
-₴10754
-₴6059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
2 500
unemployment
-
-
-
15
pensions
-
-
-
3 257
health
-
-
-
1 853
income
-
-
-
-
total
-
-
-
5 125
Employee

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

11 752
-
1 581
-
income
803
-
-
-
pensions
1 762
-
1 338
-
unemployment
58
-
45
-
health
999
-
758
-
total
3 622
-
2 141
-
Employer

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

11 752
-
1 581
-
unemployment
58
-
45
-
health
505
-
384
-
pensions
646
-
491
-
total
1 209
-
920
-
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
4 831
430
3 061
5 125
After tax
-2 331
2 070
-561
-2 625
Living cost
8 129
8 129
8 129
8 129
Free-cash
-10 460
-6 059
-8 690
-10 754

Estimated living cost  is ₴8129 per week

₴5186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2114
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
-₴22466
-₴18114
-₴14882
-₴12358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
77
accident
-
-
-
99
pensions
-
-
-
3 116
income
-
-
-
-
other
-
-
-
11
total
-
-
-
3 303
Employee
18 931
-
-
-
other
18
-
17
-
income
3 650
-
-
-
pensions
890
-
803
-
unemployment
293
-
265
-
total
4 851
-
1 085
-
Employer
18 931
-
-
-
accident
375
-
338
-
unemployment
1 042
-
940
-
pensions
4 467
-
4 035
-
other
152
-
137
-
total
6 036
-
5 450
-
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
10 887
779
6 535
3 303
After tax
-8 387
1 721
-4 035
-803
Living cost
14 079
14 079
14 079
14 079
Free-cash
-22 466
-12 358
-18 114
-14 882

Estimated living cost  is ₴14079 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴2976
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
₴536
₴435
₴363
₴680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions
-
-
-
500
health
-
-
-
363
income
-
-
-
394
total
-
-
-
1 257
Employee
1 340
-
2 041
-
income
259
-
420
-
pensions
121
-
184
-
unemployment
13
-
20
-
health
67
-
102
-
total
460
-
726
-
Employer
1 340
-
2 041
-
unemployment
27
-
41
-
health
127
-
194
-
pensions
147
-
224
-
total
301
-
459
-
Corporate
859
2 500
-
-
income
189
550
-
-
total
189
550
-
-
Dividends
670
1 950
-
-
withholding
134
390
-
-
total
134
390
-
-
Income
2 500
2 500
2 500
2 500
Total tax
1 084
940
1 185
1 257
After tax
1 416
1 560
1 315
1 243
Living cost
880
880
880
880
Free-cash
536
680
435
363

Estimated living cost  is ₴880 per week

₴523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴71
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴20
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.
₴265
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
-₴13210
-₴7336
-₴7336
-₴7031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
2 500
unemployment
-
-
-
40
pensions
-
-
-
687
health
-
-
-
272
income
-
-
-
-
total
-
-
-
999
Employee

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

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

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

13 325
-
2 027
-
income
1 837
-
-
-
pensions
1 865
-
370
-
unemployment
100
-
20
-
health
686
-
136
-
total
4 488
-
526
-
Employer

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

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

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

13 325
-
2 027
-
unemployment
100
-
20
-
health
686
-
136
-
pensions
1 599
-
317
-
total
2 385
-
473
-
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
6 873
694
999
999
After tax
-4 373
1 806
1 501
1 501
Living cost
8 837
8 837
8 837
8 837
Free-cash
-13 210
-7 031
-7 336
-7 336

Estimated living cost  is ₴8837 per week

₴5950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴684
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.
₴1948
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
-₴22091
-₴12265
-₴12318
-₴12381
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
surtax
-
-
-
-
income
-
-
-
146
social contributions

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

-
-
-
869
total
-
-
-
1 015
Employee
19 871
-
2 020
-
income
3 883
-
260
-
surtax
-
-
-
-
social contributions
2 186
-
222
-
total
6 069
-
482
-
Employer
19 871
-
2 020
-
social contributions
4 719
-
480
-
total
4 719
-
480
-
Corporate
-
2 500
-
-
surtax
-
-
-
-
income
-
525
-
-
total
-
525
-
-
Dividends
-
1 975
-
-
withholding
-
553
-
-
total
-
553
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 788
1 078
962
1 015
After tax
-8 288
1 422
1 538
1 485
Living cost
13 803
13 803
13 803
13 803
Free-cash
-22 091
-12 381
-12 265
-12 318

Estimated living cost  is ₴13803 per week

₴9776
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.
₴245
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.
₴2823
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
-₴30109
-₴22028
-₴18796
-₴16272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
77
accident
-
-
-
99
pensions
-
-
-
3 116
income
-
-
-
-
other
-
-
-
11
total
-
-
-
3 303
Employee
24 726
-
-
-
other
24
-
17
-
income
5 164
-
-
-
pensions
1 162
-
803
-
unemployment
383
-
265
-
total
6 733
-
1 085
-
Employer
24 726
-
-
-
accident
490
-
338
-
unemployment
1 360
-
940
-
pensions
5 835
-
4 035
-
other
198
-
137
-
total
7 883
-
5 450
-
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
14 616
779
6 535
3 303
After tax
-12 116
1 721
-4 035
-803
Living cost
17 993
17 993
17 993
17 993
Free-cash
-30 109
-16 272
-22 028
-18 796

Estimated living cost  is ₴17993 per week

₴12922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴3419
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
-₴11902
-₴7952
-₴7888
-₴6955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
unemployment
-
-
-
14
pensions

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

-
-
-
510
health
-
-
-
396
income
-
-
-
375
total
-
-
-
1 295
Employee
12 041
-
1 823
-
income
1 204
-
183
-
pensions

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

1 057
-
303
-
accident

We are using the highest rate at 1.1%.

132
-
38
-
health
554
-
158
-
total
2 947
-
682
-
Employer
12 041
-
1 823
-
accident

We are using the highest rate at 1.1%.

132
-
38
-
unemployment
72
-
21
-
health
831
-
238
-
pensions

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

1 327
-
380
-
total
2 362
-
677
-
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
5 309
362
1 359
1 295
After tax
-2 809
2 138
1 141
1 205
Living cost
9 093
9 093
9 093
9 093
Free-cash
-11 902
-6 955
-7 952
-7 888

Estimated living cost  is ₴9093 per week

₴6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2342
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
-₴22975
-₴20764
-₴20764
-₴18337
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
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.

-
-
-
-
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.

-
-
-
3 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 498
Employee

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

25 474
-
2 500
-
income

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

2 095
-
-
-
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.

116
-
-
-
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.

3 498
-
3 498
-
total
5 709
-
3 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
surtax

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

-
20
-
-
chamber of commerce
-
82
-
-
income
-
375
-
-
trade
-
359
-
-
total
-
836
-
-
Dividends
-
1 664
-
-
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
-
222
-
-
total
-
235
-
-
Income
2 500
2 500
2 500
2 500
Total tax
5 709
1 071
3 498
3 498
After tax
-3 209
1 429
-998
-998
Living cost
19 766
19 766
19 766
19 766
Free-cash
-22 975
-18 337
-20 764
-20 764

Estimated living cost  is ₴19766 per week

₴13635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
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.
₴3717
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
-₴37549
-₴26665
-₴26665
-₴27415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
40 048
-
2 500
-
income
7 557
-
-
-
social contributions
3 327
-
-
-
total
10 884
-
-
-
Employer
40 048
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
income
-
313
-
-
total
-
313
-
-
Dividends
-
2 187
-
-
withholding
-
437
-
-
total
-
437
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 884
750
-
-
After tax
-8 384
1 750
2 500
2 500
Living cost
29 165
29 165
29 165
29 165
Free-cash
-37 549
-27 415
-26 665
-26 665

Estimated living cost  is ₴29165 per week

₴22188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴4322
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
-₴24867
-₴17865
-₴33907
-₴18488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
2 500
health

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

-
-
-
3 248
income
-
-
-
14 574
total
-
-
-
17 822
Employee
23 487
-
1 610
-
income
2 548
-
-
-
social contributions
2 353
-
890
-
total
4 901
-
890
-
Employer
23 487
-
1 610
-
social contributions
2 353
-
890
-
total
2 353
-
890
-
Corporate
-
2 500
-
-
income
-
875
-
-
total
-
875
-
-
Dividends
-
1 625
-
-
social contributions
1 528
1 528
-
-
total
1 528
1 528
-
-
Income
2 500
2 500
2 500
2 500
Total tax
8 782
2 403
1 780
17 822
After tax
-6 282
97
720
-15 322
Living cost
18 585
18 585
18 585
18 585
Free-cash
-24 867
-18 488
-17 865
-33 907

Estimated living cost  is ₴18585 per week

₴12242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4593
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
-₴27152
-₴17325
-₴17287
-₴17414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 500
pensions
-
-
-
-
income
-
-
-
500
total
-
-
-
500
Employee
26 474
-
2 453
-
income
4 821
-
491
-
pensions
2 021
-
-
-
health
345
-
-
-
total
7 187
-
491
-
Employer
26 474
-
2 453
-
health
503
-
47
-
pensions
2 675
-
-
-
total
3 178
-
47
-
Corporate
-
2 500
-
-
income

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

-
475
-
-
total
-
475
-
-
Dividends
-
2 025
-
-
withholding
-
152
-
-
total
-
152
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 365
627
538
500
After tax
-7 865
1 873
1 962
2 000
Living cost
19 287
19 287
19 287
19 287
Free-cash
-27 152
-17 414
-17 325
-17 287

Estimated living cost  is ₴19287 per week

₴13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴4040
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
-₴20184
-₴10660
-₴12981
-₴11776
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
-
-
-
127
pensions
-
-
-
2 092
health
-
-
-
1 097
income
-
-
-
-
other
-
-
-
186
total
-
-
-
3 502
Employee
18 843
-
2 077
-
income
2 585
-
285
-
pensions
2 122
-
234
-
health
2 157
-
238
-
total
6 864
-
757
-
Employer
18 843
-
2 077
-
accident
315
-
35
-
unemployment
462
-
51
-
pensions
3 064
-
338
-
total
3 841
-
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
-
47
-
-
total
-
47
-
-
Income
2 500
2 500
2 500
2 500
Total tax
10 705
2 297
1 181
3 502
After tax
-8 205
203
1 319
-1 002
Living cost
11 979
11 979
11 979
11 979
Free-cash
-20 184
-11 776
-10 660
-12 981

Estimated living cost  is ₴11979 per week

₴8791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2248
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
-₴8566
-₴5604
-₴5615
-₴4791
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.

-
-
-
2 606
unemployment
-
-
-
41
pensions
-
-
-
628
income
-
-
-
261
health insurance
-
-
-
252
work injury
-
-
-
17
total
-
-
-
1 199
Employee

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

11 066
-
2 500
-
income
1 107
-
250
-
pensions
2 036
-
628
-
health insurance
819
-
252
-
unemployment
133
-
41
-
work injury
55
-
17
-
total
4 150
-
1 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
2 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
2 500
2 500
2 500
2 500
Total tax
4 150
375
1 188
1 199
After tax
-1 650
2 125
1 312
1 301
Living cost
6 916
6 916
6 916
6 916
Free-cash
-8 566
-4 791
-5 604
-5 615

Estimated living cost  is ₴6916 per week

₴4285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
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.
₴1913
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
-₴40642
-₴23098
-₴21864
-₴19078
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
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
3 968
total
-
-
-
3 968
Employee
43 143
-
2 500
-
regional
651
-
-
-
national
7 291
-
-
-
social contributions
14 547
-
5 202
-
municipal
257
-
-
-
total
22 746
-
5 202
-
Employer
43 143
-
2 500
-
total
-
-
-
-
Corporate
-
2 500
-
-
nationa
-
600
-
-
municipal
-
120
-
-
total
-
720
-
-
Dividends
-
1 779
-
-
withholding
-
462
-
-
total
-
462
-
-
Income
2 500
2 500
2 500
2 500
Total tax
22 746
1 182
5 202
3 968
After tax
-20 246
1 318
-2 702
-1 468
Living cost
20 396
20 396
20 396
20 396
Free-cash
-40 642
-19 078
-23 098
-21 864

Estimated living cost  is ₴20396 per week

₴14327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
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Estimated living cost

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Additional information

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Estimated living cost

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Additional information

Source

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

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