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
₴ 28000
per

Your estimated
City
free-cash

Dresden , Germany
-₴733
₴6515
₴5720
₴4728
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.

-
-
-
28 000
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.

-
-
-
2 996
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.

-
-
-
165
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.

-
-
-
3 372
trade
-
-
-
795
total
-
-
-
7 328
Employee

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

18 881
-
28 000
-
surtax

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

29
-
165
-
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.

527
-
2 996
-
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.

3 372
-
3 372
-
total
3 928
-
6 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 119
28 000
-
-
income
1 368
4 200
-
-
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.

75
231
-
-
chamber of commerce
88
115
-
-
trade
1 436
4 410
-
-
total
2 967
8 956
-
-
Dividends
6 152
19 043
-
-
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.

74
252
-
-
withholding
1 351
4 573
-
-
total
1 425
4 825
-
-
Income
28 000
28 000
28 000
28 000
Total tax
8 320
13 781
6 533
7 328
After tax
19 680
14 219
21 467
20 672
Living cost
14 952
14 952
14 952
14 952
Free-cash
4 728
-733
6 515
5 720

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
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.
₴3524
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
-₴8743
-₴8337
-₴8558
-₴16327
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
-
-
-
28 000
social contributions
-
-
-
301
municipal
-
-
-
2 621
national
-
-
-
4 061
pensions
-
-
-
3 360
total
-
-
-
10 343
Employee
40 639
-
24 206
-
municipal
5 020
-
2 729
-
pensions
1 626
-
968
-
national
7 778
-
4 229
-
total
14 424
-
7 926
-
Employer
40 639
-
24 206
-
pensions
3 251
-
1 936
-
social contributions
437
-
260
-
total
3 688
-
2 196
-
Corporate
-
28 000
-
-
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%.

-
5 600
-
-
total
-
5 600
-
-
Dividends
-
22 400
-
-
withholding
-
4 928
-
-
total
-
4 928
-
-
Income
28 000
28 000
28 000
28 000
Total tax
18 112
10 528
10 122
10 343
After tax
9 888
17 472
17 878
17 657
Living cost
26 215
26 215
26 215
26 215
Free-cash
-16 327
-8 743
-8 337
-8 558

Estimated living cost  is ₴26215 per week

₴17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
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.
₴5568
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
₴12130
₴5756
₴11976
₴8080
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.

-
-
-
28 000
income
-
-
-
-
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.

-
-
-
1 554
microenterprise
-
-
-
4 200
total
-
-
-
5 754
Employee
14 425
-
22 564
-
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.

1 587
-
2 482
-
income
2 568
-
4 057
-
total
4 155
-
6 539
-
Employer
14 425
-
22 564
-
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.

3 475
-
5 435
-
surtax
-
-
-
-
total
3 475
-
5 435
-
Corporate
10 101
28 000
-
-
income

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

2 020
5 600
-
-
total
2 020
5 600
-
-
Dividends

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

8 081
22 400
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 650
5 600
11 974
5 754
After tax
18 350
22 400
16 026
22 246
Living cost
10 270
10 270
10 270
10 270
Free-cash
8 080
12 130
5 756
11 976

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2507
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
-₴18250
-₴21020
-₴4667
-₴21020
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
-
-
-
28 000
income
-
-
-
2 649
health
-
-
-
4 298
pensions
-
-
-
5 040
total
-
-
-
11 987
Employee
42 155
42 155
42 155
-
pensions
7 588
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
6 470
-
total
20 958
18 188
20 958
-
Employer
42 155
42 155
42 155
-
health
2 930
2 930
2 930
-
pensions
2 934
2 934
2 934
-
unemployment
1 518
1 518
1 518
-
total
7 382
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
28 340
25 570
28 340
11 987
After tax
-340
2 430
-340
16 013
Living cost
20 680
20 680
20 680
20 680
Free-cash
-21 020
-18 250
-21 020
-4 667

Estimated living cost  is ₴20680 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3831
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
-₴4937
-₴5272
-₴6268
-₴9874
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
-
-
-
28 000
accident
-
-
-
56
other
-
-
-
3 254
unemployment
-
-
-
28
health
-
-
-
1 747
municipal
-
-
-
5 931
national
-
-
-
-
pensions
-
-
-
3 027
total
-
-
-
14 043
Employee
28 819
-
21 306
-
municipal
8 594
-
6 353
-
national
-
-
-
-
total
8 594
-
6 353
-
Employer
28 819
-
21 306
-
health
1 772
-
1 310
-
pensions
3 115
-
2 303
-
accident
58
-
43
-
unemployment
761
-
562
-
other
3 349
-
2 476
-
total
9 055
-
6 694
-
Corporate
-
28 000
-
-
income
-
6 160
-
-
total
-
6 160
-
-
Dividends
-
21 840
-
-
withholding
-
6 552
-
-
total
-
6 552
-
-
Income
28 000
28 000
28 000
28 000
Total tax
17 649
12 712
13 047
14 043
After tax
10 351
15 288
14 953
13 957
Living cost
20 225
20 225
20 225
20 225
Free-cash
-9 874
-4 937
-5 272
-6 268

Estimated living cost  is ₴20225 per week

₴13404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4529
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
-₴5319
₴2074
₴1243
₴1618
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.

-
-
-
28 000
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.

-
-
-
2 996
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.

-
-
-
165
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.

-
-
-
3 372
trade
-
-
-
831
total
-
-
-
7 364
Employee

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

25 034
-
28 000
-
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.

118
-
165
-
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.

2 151
-
2 996
-
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.

3 372
-
3 372
-
total
5 641
-
6 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 966
28 000
-
-
income
445
4 200
-
-
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.

24
231
-
-
chamber of commerce
80
115
-
-
trade
488
4 606
-
-
total
1 037
9 152
-
-
Dividends
1 929
18 848
-
-
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.

16
249
-
-
withholding
295
4 525
-
-
total
311
4 774
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 989
13 926
6 533
7 364
After tax
21 011
14 074
21 467
20 636
Living cost
19 393
19 393
19 393
19 393
Free-cash
1 618
-5 319
2 074
1 243

Estimated living cost  is ₴19393 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4088
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
₴827
₴2977
₴5977
₴2559
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
-
-
-
28 000
income
-
-
-
930
social contributions
-
-
-
4 368
health
-
-
-
714
total
-
-
-
6 012
Employee
37 959
37 959
37 959
-
social contributions
1 845
3 150
2 110
-
income
3 986
3 514
3 890
-
health
378
645
432
-
total
6 209
7 309
6 432
-
Employer
37 959
37 959
37 959
-
health
411
703
470
-
social contributions
1 845
3 150
2 110
-
total
2 256
3 853
2 580
-
Corporate
3 525
-
-
-
income
440
-
-
-
total
440
-
-
-
Dividends
3 084
-
-
-
withholding
525
-
-
-
total
525
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 430
11 162
9 012
6 012
After tax
18 570
16 838
18 988
21 988
Living cost
16 011
16 011
16 011
16 011
Free-cash
2 559
827
2 977
5 977

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴6797
₴7175
₴10339
₴6984
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
-
-
-
28 000
income
-
-
-
3 423
unemployment
-
-
-
420
health
-
-
-
1 960
pensions
-
-
-
2 800
total
-
-
-
8 603
Employee

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

The minimum wage is 138,000 HUF per month.

13 076
5 204
23 431
-
unemployment
196
78
351
-
pensions
1 308
520
2 343
-
income
1 599
636
2 864
-
health
915
364
1 640
-
total
4 018
1 598
7 198
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 076
5 204
23 431
-
pensions
2 550
1 015
4 569
-
total
2 550
1 015
4 569
-
Corporate
12 374
21 781
-
-
income
1 114
1 960
-
-
total
1 114
1 960
-
-
Dividends
11 261
19 821
-
-
social contributions
2 136
3 806
-
-
withholding
2 140
3 766
-
-
total
4 276
7 572
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 958
12 145
11 767
8 603
After tax
16 042
15 855
16 233
19 397
Living cost
9 058
9 058
9 058
9 058
Free-cash
6 984
6 797
7 175
10 339

Estimated living cost  is ₴9058 per week

₴6182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴1955
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
₴10477
₴4597
₴3624
₴7411
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
-
-
-
28 000
income
-
-
-
3 213
health
-
-
-
3 640
pensions
-
-
-
5 600
total
-
-
-
12 453
Employee
14 004
-
20 926
-
unemployment
224
-
334
-
pensions
280
-
419
-
income
1 577
-
3 653
-
total
2 081
-
4 406
-
Employer
14 004
-
20 926
-
health
1 820
-
2 720
-
pensions
2 801
-
4 186
-
unemployment
112
-
168
-
total
4 733
-
7 074
-
Corporate
9 262
28 000
-
-
income
1 852
5 600
-
-
total
1 852
5 600
-
-
Dividends
7 410
22 400
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
8 666
5 600
11 480
12 453
After tax
19 334
22 400
16 520
15 547
Living cost
11 923
11 923
11 923
11 923
Free-cash
7 411
10 477
4 597
3 624

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2795
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
-₴8727
₴3792
₴8363
₴581
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
-
-
-
28 000
accident
-
-
-
126
income
-
-
-
5 162
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
8 642
Employee
17 295
-
23 260
-
pensions
1 947
-
2 619
-
income
2 373
-
3 191
-
health
1 980
-
2 663
-
total
6 300
-
8 473
-
Employer
17 295
-
23 260
-
pensions
2 812
-
3 782
-
accident
289
-
388
-
unemployment
424
-
570
-
total
3 525
-
4 740
-
Corporate
7 180
28 000
-
-
income

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

6 462
25 200
-
-
total
6 462
25 200
-
-
Dividends
718
2 800
-
-
withholding
137
532
-
-
total
137
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 424
25 732
13 213
8 642
After tax
11 576
2 268
14 787
19 358
Living cost
10 995
10 995
10 995
10 995
Free-cash
581
-8 727
3 792
8 363

Estimated living cost  is ₴10995 per week

₴8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2098
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
₴22605
₴18405
₴23725
₴21856
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%.

-
-
-
28 000
microenterprise

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

-
-
-
280
total
-
-
-
280
Employee
4 994
-
28 000
-
income
999
-
5 600
-
total
999
-
5 600
-
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%.

23 006
28 000
-
-
total
-
-
-
-
Dividends
23 006
28 000
-
-
withholding
1 150
1 400
-
-
total
1 150
1 400
-
-
Income
28 000
28 000
28 000
28 000
Total tax
2 149
1 400
5 600
280
After tax
25 851
26 600
22 400
27 720
Living cost
3 995
3 995
3 995
3 995
Free-cash
21 856
22 605
18 405
23 725

Estimated living cost  is ₴3995 per week

₴2476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1077
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
₴7417
₴3258
₴2008
₴4085
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
-
-
-
28 000
income
-
-
-
3 556
other
-
-
-
1 330
health
-
-
-
1 232
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.

-
-
-
6 720
total
-
-
-
12 838
Employee
17 924
-
22 364
-
unemployment
179
-
224
-
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.

1 254
-
1 565
-
income
3 086
-
3 850
-
health
251
-
313
-
total
4 770
-
5 952
-
Employer
17 924
-
22 364
-
health
251
-
313
-
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.

3 047
-
3 801
-
accident
143
-
179
-
unemployment
179
-
224
-
other
897
-
1 119
-
total
4 517
-
5 636
-
Corporate
5 559
28 000
-
-
income
1 167
5 880
-
-
total
1 167
5 880
-
-
Dividends
4 392
22 120
-
-
withholding
307
1 549
-
-
total
307
1 549
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 761
7 429
11 588
12 838
After tax
17 239
20 571
16 412
15 162
Living cost
13 154
13 154
13 154
13 154
Free-cash
4 085
7 417
3 258
2 008

Estimated living cost  is ₴13154 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
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
-₴11837
-₴14602
-₴11776
-₴24793
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
-
-
-
28 000
income
-
-
-
5 259
pensions
-
-
-
1 701
total
-
-
-
6 960
Employee
46 430
-
25 000
-
pensions
4 479
-
1 907
-
income
8 369
-
4 554
-
health
765
-
326
-
total
13 613
-
6 787
-
Employer
46 430
-
25 000
-
health
882
-
475
-
pensions
5 482
-
2 524
-
total
6 364
-
2 999
-
Corporate
-
28 000
-
-
income

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

-
5 320
-
-
total
-
5 320
-
-
Dividends
-
22 680
-
-
withholding
-
1 701
-
-
total
-
1 701
-
-
Income
28 000
28 000
28 000
28 000
Total tax
19 977
7 021
9 786
6 960
After tax
8 023
20 979
18 214
21 040
Living cost
32 816
32 816
32 816
32 816
Free-cash
-24 793
-11 837
-14 602
-11 776

Estimated living cost  is ₴32816 per week

₴24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3856
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.
₴4104
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
₴17459
₴13170
₴12709
₴15164
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
-
-
-
28 000
income
-
-
-
4 200
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
8 810
Employee
8 582
-
24 612
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
2 461
-
health
395
-
794
-
total
2 101
-
4 961
-
Employer
8 582
-
24 612
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
17 734
28 000
-
-
income
1 773
2 800
-
-
total
1 773
2 800
-
-
Dividends
15 961
25 200
-
-
withholding
798
1 260
-
-
total
798
1 260
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 355
4 060
8 349
8 810
After tax
21 645
23 940
19 651
19 190
Living cost
6 481
6 481
6 481
6 481
Free-cash
15 164
17 459
13 170
12 709

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
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
-₴24943
-₴27713
-₴11360
-₴25780
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
-
-
-
28 000
income
-
-
-
2 649
health
-
-
-
4 298
pensions
-
-
-
5 040
total
-
-
-
11 987
Employee
45 767
42 155
42 155
-
pensions
5 784
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
6 470
-
total
18 394
18 188
20 958
-
Employer
45 767
42 155
42 155
-
health
3 180
2 930
2 930
-
pensions
3 185
2 934
2 934
-
unemployment
1 648
1 518
1 518
-
total
8 013
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
26 407
25 570
28 340
11 987
After tax
1 593
2 430
-340
16 013
Living cost
27 373
27 373
27 373
27 373
Free-cash
-25 780
-24 943
-27 713
-11 360

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4423
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
₴7011
₴1942
₴1370
₴2634
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
-
-
-
28 000
income
-
-
-
2 407
social contributions
-
-
-
8 176
solidarity contribution
-
-
-
-
health
-
-
-
3 780
total
-
-
-
14 363
Employee
18 040
-
20 896
-
solidarity contribution
-
-
-
-
social contributions
1 173
-
1 358
-
income
2 165
-
2 507
-
health
2 435
-
2 821
-
total
5 773
-
6 686
-
Employer
18 040
-
20 896
-
health
1 624
-
1 881
-
social contributions
4 510
-
5 224
-
total
6 134
-
7 105
-
Corporate
3 826
28 000
-
-
income
727
5 320
-
-
total
727
5 320
-
-
Dividends
3 099
22 680
-
-
withholding
465
3 402
-
-
total
465
3 402
-
-
Income
28 000
28 000
28 000
28 000
Total tax
13 099
8 722
13 791
14 363
After tax
14 901
19 278
14 209
13 637
Living cost
12 267
12 267
12 267
12 267
Free-cash
2 634
7 011
1 942
1 370

Estimated living cost  is ₴12267 per week

₴8521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
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.
₴2632
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
-₴5891
-₴7113
-₴5532
-₴15872
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
-
-
-
28 000
social contributions
-
-
-
7 202
regional
-
-
-
280
municipal
-
-
-
167
national
-
-
-
5 053
total
-
-
-
12 702
Employee
43 872
-
28 000
-
municipal
232
-
148
-
national
7 602
-
4 449
-
regional
414
-
244
-
social contributions
14 794
-
9 442
-
total
23 042
-
14 283
-
Employer
43 872
-
28 000
-
total
-
-
-
-
Corporate
-
28 000
-
-
municipal
-
1 092
-
-
nationa
-
6 720
-
-
total
-
7 812
-
-
Dividends
-
20 188
-
-
withholding
-
5 249
-
-
total
-
5 249
-
-
Income
28 000
28 000
28 000
28 000
Total tax
23 042
13 061
14 283
12 702
After tax
4 958
14 939
13 717
15 298
Living cost
20 830
20 830
20 830
20 830
Free-cash
-15 872
-5 891
-7 113
-5 532

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4624
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
₴6719
₴4360
₴4963
₴5184
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
-
-
-
28 000
income
-
-
-
4 201
other
-
-
-
-
surtax
-
-
-
243
unemployment
-
-
-
112
health
-
-
-
1 988
pensions
-
-
-
5 600
total
-
-
-
12 144
Employee
16 325
-
23 131
-
other
-
-
-
-
unemployment
1 136
-
1 610
-
pensions
1 089
-
1 543
-
surtax
53
-
198
-
income
2 736
-
3 936
-
health
417
-
590
-
total
5 431
-
7 877
-
Employer
16 325
-
23 131
-
health
743
-
1 053
-
pensions
2 176
-
3 083
-
unemployment
517
-
734
-
other
-
-
-
-
total
3 436
-
4 870
-
Corporate
8 239
28 000
-
-
income
2 142
7 280
-
-
total
2 142
7 280
-
-
Dividends
6 097
20 720
-
-
withholding
914
3 108
-
-
total
914
3 108
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 923
10 388
12 747
12 144
After tax
16 077
17 612
15 253
15 856
Living cost
10 893
10 893
10 893
10 893
Free-cash
5 184
6 719
4 360
4 963

Estimated living cost  is ₴10893 per week

₴6661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₴1440
-₴4205
-₴1379
-₴7075
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
-
-
-
28 000
income
-
-
-
5 259
pensions
-
-
-
1 701
total
-
-
-
6 960
Employee
31 116
-
25 000
-
pensions
2 641
-
1 907
-
income
5 604
-
4 554
-
health
452
-
326
-
total
8 697
-
6 787
-
Employer
31 116
-
25 000
-
health
591
-
475
-
pensions
3 368
-
2 524
-
total
3 959
-
2 999
-
Corporate
-
28 000
-
-
income

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

-
5 320
-
-
total
-
5 320
-
-
Dividends
-
22 680
-
-
withholding
-
1 701
-
-
total
-
1 701
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 656
7 021
9 786
6 960
After tax
15 344
20 979
18 214
21 040
Living cost
22 419
22 419
22 419
22 419
Free-cash
-7 075
-1 440
-4 205
-1 379

Estimated living cost  is ₴22419 per week

₴16796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3708
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
-₴26337
-₴16792
-₴15366
-₴22170
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
-
-
-
28 000
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.

-
-
-
560
regional
-
-
-
587
health
-
-
-
128
city
-
-
-
295
national
-
-
-
78
pensions
-
-
-
2 577
total
-
-
-
4 225
Employee
45 805
-
25 061
-
unemployment
-
-
-
-
pensions
3 848
-
2 106
-
national
217
-
62
-
regional
1 500
-
494
-
city
492
-
269
-
health
104
-
56
-
total
6 161
-
2 987
-
Employer
45 805
-
25 061
-
health
104
-
56
-
pensions
3 848
-
2 106
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

916
-
502
-
total
4 868
-
2 664
-
Corporate
-
28 000
-
-
regional
-
5 922
-
-
national
-
2 380
-
-
total
-
8 302
-
-
Dividends
-
19 698
-
-
withholding
-
6 894
-
-
total
-
6 894
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 029
15 196
5 651
4 225
After tax
16 971
12 804
22 349
23 775
Living cost
39 141
39 141
39 141
39 141
Free-cash
-22 170
-26 337
-16 792
-15 366

Estimated living cost  is ₴39141 per week

₴25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
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.
₴9695
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
-₴8683
-₴1147
-₴2013
-₴1667
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.

-
-
-
28 000
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.

-
-
-
2 996
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.

-
-
-
165
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.

-
-
-
3 372
trade
-
-
-
866
total
-
-
-
7 399
Employee

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

29 667
-
28 000
-
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.

192
-
165
-
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.

3 489
-
2 996
-
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.

3 372
-
3 372
-
total
7 053
-
6 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
28 000
-
-
income
-
4 200
-
-
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.

-
231
-
-
chamber of commerce
-
114
-
-
trade
-
4 802
-
-
total
-
9 347
-
-
Dividends
-
18 653
-
-
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.

-
246
-
-
withholding
-
4 476
-
-
total
-
4 722
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 053
14 069
6 533
7 399
After tax
20 947
13 931
21 467
20 601
Living cost
22 614
22 614
22 614
22 614
Free-cash
-1 667
-8 683
-1 147
-2 013

Estimated living cost  is ₴22614 per week

₴16517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
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.
₴3995
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
-₴2778
₴156
-₴103
₴139
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
-
-
-
28 000
income
-
-
-
1 236
other
-
-
-
868
surtax
-
-
-
-
social contributions
-
-
-
798
health
-
-
-
243
pensions
-
-
-
8 069
total
-
-
-
11 214
Employee
21 127
-
21 338
-
pensions
2 389
-
2 413
-
surtax
-
-
-
-
social contributions
602
-
608
-
income
1 247
-
1 272
-
total
4 238
-
4 293
-
Employer
21 127
-
21 338
-
health
1 479
-
1 493
-
pensions
3 471
-
3 505
-
unemployment
855
-
864
-
social contributions
64
-
64
-
other
729
-
736
-
total
6 598
-
6 662
-
Corporate
275
28 000
-
-
income
77
7 840
-
-
surtax
-
-
-
-
total
77
7 840
-
-
Dividends
198
20 160
-
-
surtax
-
-
-
-
social contributions
34
3 468
-
-
withholding
25
2 581
-
-
total
59
6 049
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 972
13 889
10 955
11 214
After tax
17 028
14 111
17 045
16 786
Living cost
16 889
16 889
16 889
16 889
Free-cash
139
-2 778
156
-103

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4580
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
-₴1105
₴1829
₴1570
₴1639
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
-
-
-
28 000
income
-
-
-
1 236
other
-
-
-
868
surtax
-
-
-
-
social contributions
-
-
-
798
health
-
-
-
243
pensions
-
-
-
8 069
total
-
-
-
11 214
Employee
18 859
-
21 338
-
pensions
2 133
-
2 413
-
surtax
-
-
-
-
social contributions
538
-
608
-
income
972
-
1 272
-
total
3 643
-
4 293
-
Employer
18 859
-
21 338
-
health
1 320
-
1 493
-
pensions
3 099
-
3 505
-
unemployment
763
-
864
-
social contributions
56
-
64
-
other
651
-
736
-
total
5 889
-
6 662
-
Corporate
3 251
28 000
-
-
income
911
7 840
-
-
surtax
-
-
-
-
total
911
7 840
-
-
Dividends
2 341
20 160
-
-
surtax
-
-
-
-
social contributions
402
3 468
-
-
withholding
300
2 581
-
-
total
702
6 049
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 145
13 889
10 955
11 214
After tax
16 855
14 111
17 045
16 786
Living cost
15 216
15 216
15 216
15 216
Free-cash
1 639
-1 105
1 829
1 570

Estimated living cost  is ₴15216 per week

₴8825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4557
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
₴6614
₴6331
₴7514
₴6871
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
-
-
-
28 000
income
-
-
-
4 200
social contributions
-
-
-
3 864
health
-
-
-
1 954
total
-
-
-
10 018
Employee
16 738
-
28 000
-
social contributions
2 310
-
3 864
-
income
2 792
-
5 383
-
health
1 168
-
1 954
-
total
6 270
-
11 201
-
Employer
16 738
-
28 000
-
total
-
-
-
-
Corporate
11 262
28 000
-
-
income

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

563
1 400
-
-
total
563
1 400
-
-
Dividends
10 699
26 600
-
-
social contributions
1 476
3 671
-
-
withholding
1 605
3 990
-
-
health
747
1 857
-
-
total
3 828
9 518
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 661
10 918
11 201
10 018
After tax
17 339
17 082
16 799
17 982
Living cost
10 468
10 468
10 468
10 468
Free-cash
6 871
6 614
6 331
7 514

Estimated living cost  is ₴10468 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
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.
₴2575
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
-₴1338
-₴6546
-₴1868
-₴4333
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
-
-
-
28 000
income
-
-
-
1 915
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
112
health
-
-
-
2 142
pensions
-
-
-
5 180
total
-
-
-
12 474
Employee
24 670
19 673
21 665
-
other
246
197
216
-
unemployment
740
590
650
-
pensions
2 527
2 014
2 218
-
income
2 808
1 451
1 948
-
health
955
762
838
-
total
7 276
5 014
5 870
-
Employer
24 670
19 673
21 665
-
chamber of commerce
98
79
87
-
health
932
744
819
-
pensions
3 096
2 469
2 719
-
accident
320
256
282
-
unemployment
740
590
650
-
surtax
97
97
97
-
payroll
740
590
650
-
other
1 172
934
1 030
-
total
7 195
5 759
6 334
-
Corporate
1 874
2 568
19 793
-
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.

468
642
4 948
-
total
468
642
4 948
-
Dividends
-
1 926
-
-
withholding
-
529
-
-
total
-
529
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 939
11 944
17 152
12 474
After tax
13 061
16 056
10 848
15 526
Living cost
17 394
17 394
17 394
17 394
Free-cash
-4 333
-1 338
-6 546
-1 868

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4024
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
-₴2217
-₴5955
-₴2897
-₴17589
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
-
-
-
28 000
communal

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

-
-
-
1 488
social contributions
-
-
-
3 214
national
-
-
-
8 196
total
-
-
-
12 898
Employee

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

35 311
-
21 686
-
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.

307
-
188
-
communal

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

1 842
-
1 131
-
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.

2 648
-
1 626
-
national
10 856
-
5 679
-
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.

1 659
-
1 019
-
total
17 312
-
9 643
-
Employer

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

35 311
-
21 686
-
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.

2 171
-
1 334
-
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.

3 129
-
1 921
-
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.

459
-
281
-
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.

515
-
317
-
surtax
4 004
-
2 460
-
total
10 278
-
6 313
-
Corporate
-
28 000
-
-
income
-
5 600
-
-
surtax
-
112
-
-
total
-
5 712
-
-
Dividends
-
22 287
-
-
withholding

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

-
6 506
-
-
total
-
6 506
-
-
Income
28 000
28 000
28 000
28 000
Total tax
27 590
12 218
15 956
12 898
After tax
410
15 782
12 044
15 102
Living cost
17 999
17 999
17 999
17 999
Free-cash
-17 589
-2 217
-5 955
-2 897

Estimated living cost  is ₴17999 per week

₴11594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
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.
₴4550
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
₴1087
-₴2192
-₴2390
-₴4406
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
-
-
-
28 000
accident
-
-
-
252
income
-
-
-
4 162
other
-
-
-
28
unemployment
-
-
-
196
pensions
-
-
-
7 924
total
-
-
-
12 562
Employee
24 573
-
21 231
-
other
24
-
22
-
unemployment
381
-
329
-
pensions
1 155
-
998
-
income
5 185
-
4 246
-
total
6 745
-
5 595
-
Employer
24 573
-
21 231
-
pensions
5 799
-
5 011
-
accident
486
-
421
-
unemployment
1 352
-
1 167
-
other
196
-
170
-
total
7 833
-
6 769
-
Corporate
-
28 000
-
-
income

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

-
4 200
-
-
total
-
4 200
-
-
Dividends
-
23 800
-
-
withholding
-
4 885
-
-
total
-
4 885
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 578
9 085
12 364
12 562
After tax
13 422
18 915
15 636
15 438
Living cost
17 828
17 828
17 828
17 828
Free-cash
-4 406
1 087
-2 192
-2 390

Estimated living cost  is ₴17828 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3178
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
-₴9231
-₴7717
-₴8276
-₴13849
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
-
-
-
28 000
communal
-
-
-
-
accident
-
-
-
252
income
-
-
-
1 136
surtax
-
-
-
1 482
health
-
-
-
2 099
pensions
-
-
-
4 480
total
-
-
-
9 449
Employee
37 383
-
25 011
-
pensions
2 990
-
2 001
-
surtax
2 291
-
1 533
-
income
3 611
-
1 253
-
health
1 664
-
1 114
-
total
10 556
-
5 901
-
Employer
37 383
-
25 011
-
health
1 140
-
763
-
pensions
2 990
-
2 001
-
accident
336
-
225
-
total
4 466
-
2 989
-
Corporate
-
28 000
-
-
communal
-
1 890
-
-
income
-
4 200
-
-
surtax
-
294
-
-
total
-
6 384
-
-
Dividends
-
21 616
-
-
income
-
778
-
-
withholding
-
3 242
-
-
total
-
4 020
-
-
Income
28 000
28 000
28 000
28 000
Total tax
15 022
10 404
8 890
9 449
After tax
12 978
17 596
19 110
18 551
Living cost
26 827
26 827
26 827
26 827
Free-cash
-13 849
-9 231
-7 717
-8 276

Estimated living cost  is ₴26827 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4793
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
₴6524
₴4165
₴4768
₴4955
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
-
-
-
28 000
income
-
-
-
4 201
other
-
-
-
-
surtax
-
-
-
243
unemployment
-
-
-
112
health
-
-
-
1 988
pensions
-
-
-
5 600
total
-
-
-
12 144
Employee
16 624
-
23 131
-
other
-
-
-
-
unemployment
1 157
-
1 610
-
pensions
1 109
-
1 543
-
surtax
59
-
198
-
income
2 787
-
3 936
-
health
424
-
590
-
total
5 536
-
7 877
-
Employer
16 624
-
23 131
-
health
756
-
1 053
-
pensions
2 216
-
3 083
-
unemployment
527
-
734
-
other
-
-
-
-
total
3 499
-
4 870
-
Corporate
7 876
28 000
-
-
income
2 048
7 280
-
-
total
2 048
7 280
-
-
Dividends
5 828
20 720
-
-
withholding
874
3 108
-
-
total
874
3 108
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 957
10 388
12 747
12 144
After tax
16 043
17 612
15 253
15 856
Living cost
11 088
11 088
11 088
11 088
Free-cash
4 955
6 524
4 165
4 768

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3173
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
₴1419
₴286
₴1858
₴324
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
-
-
-
28 000
social contributions
-
-
-
7 202
regional
-
-
-
422
municipal
-
-
-
167
national
-
-
-
5 053
total
-
-
-
12 844
Employee
27 383
-
28 000
-
municipal
145
-
148
-
national
4 338
-
4 449
-
regional
369
-
377
-
social contributions
9 234
-
9 442
-
total
14 086
-
14 416
-
Employer
27 383
-
28 000
-
total
-
-
-
-
Corporate
617
28 000
-
-
municipal
31
1 392
-
-
nationa
148
6 720
-
-
total
179
8 112
-
-
Dividends
438
19 888
-
-
withholding
113
5 171
-
-
total
113
5 171
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 378
13 283
14 416
12 844
After tax
13 622
14 717
13 584
15 156
Living cost
13 298
13 298
13 298
13 298
Free-cash
324
1 419
286
1 858

Estimated living cost  is ₴13298 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3453
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
₴4162
-₴907
-₴1479
-₴1789
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
-
-
-
28 000
income
-
-
-
2 407
social contributions
-
-
-
8 176
solidarity contribution
-
-
-
-
health
-
-
-
3 780
total
-
-
-
14 363
Employee
22 230
-
20 896
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
1 358
-
income
2 668
-
2 507
-
health
3 001
-
2 821
-
total
7 114
-
6 686
-
Employer
22 230
-
20 896
-
health
2 001
-
1 881
-
social contributions
5 558
-
5 224
-
total
7 559
-
7 105
-
Corporate
-
28 000
-
-
income
-
5 320
-
-
total
-
5 320
-
-
Dividends
-
22 680
-
-
withholding
-
3 402
-
-
total
-
3 402
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 673
8 722
13 791
14 363
After tax
13 327
19 278
14 209
13 637
Living cost
15 116
15 116
15 116
15 116
Free-cash
-1 789
4 162
-907
-1 479

Estimated living cost  is ₴15116 per week

₴11242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
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.
₴2776
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
₴359
-₴4881
-₴126
-₴255
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
-
-
-
28 000
income
-
-
-
1 915
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
112
health
-
-
-
2 142
pensions
-
-
-
5 180
total
-
-
-
12 377
Employee
21 579
19 673
21 743
-
other
215
197
217
-
unemployment
647
590
652
-
pensions
2 210
2 014
2 227
-
income
1 922
1 451
1 970
-
health
835
762
841
-
total
5 829
5 014
5 907
-
Employer
21 579
19 673
21 743
-
chamber of commerce
86
79
87
-
health
816
744
822
-
pensions
2 708
2 469
2 729
-
accident
280
256
283
-
unemployment
647
590
652
-
surtax
-
-
-
-
payroll
647
590
652
-
other
1 025
934
1 032
-
total
6 209
5 662
6 257
-
Corporate
1 874
2 665
19 870
-
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.

468
666
4 968
-
total
468
666
4 968
-
Dividends
-
1 999
-
-
withholding
-
550
-
-
total
-
550
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 506
11 892
17 132
12 377
After tax
15 494
16 108
10 868
15 623
Living cost
15 749
15 749
15 749
15 749
Free-cash
-255
359
-4 881
-126

Estimated living cost  is ₴15749 per week

₴9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4412
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
₴20374
₴16174
₴21494
₴19206
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%.

-
-
-
28 000
microenterprise

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

-
-
-
280
total
-
-
-
280
Employee
7 782
-
28 000
-
income
1 557
-
5 600
-
total
1 557
-
5 600
-
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%.

20 218
28 000
-
-
total
-
-
-
-
Dividends
20 218
28 000
-
-
withholding
1 011
1 400
-
-
total
1 011
1 400
-
-
Income
28 000
28 000
28 000
28 000
Total tax
2 568
1 400
5 600
280
After tax
25 432
26 600
22 400
27 720
Living cost
6 226
6 226
6 226
6 226
Free-cash
19 206
20 374
16 174
21 494

Estimated living cost  is ₴6226 per week

₴4213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴6037
₴1363
₴2182
₴1908
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.

-
-
-
28 000
income
-
-
-
4 666
unemployment
-
-
-
42
health
-
-
-
2 755
pensions
-
-
-
5 114
total
-
-
-
12 577
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

21 829
-
24 227
-
unemployment
31
-
34
-
pensions
3 384
-
3 756
-
income
3 764
-
4 268
-
health
1 410
-
1 565
-
total
8 589
-
9 623
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

21 829
-
24 227
-
health
1 454
-
1 614
-
pensions
1 932
-
2 144
-
unemployment
13
-
15
-
total
3 399
-
3 773
-
Corporate
2 772
28 000
-
-
income
526
5 320
-
-
total
526
5 320
-
-
Dividends
2 246
22 680
-
-
withholding
337
3 402
-
-
total
337
3 402
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 851
8 722
13 396
12 577
After tax
15 149
19 278
14 604
15 423
Living cost
13 241
13 241
13 241
13 241
Free-cash
1 908
6 037
1 363
2 182

Estimated living cost  is ₴13241 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3049
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
-₴4563
-₴183
-₴2248
-₴46633
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
-
-
-
28 000
income
-
-
-
5 458
social contributions
-
-
-
3 192
total
-
-
-
8 650
Employee
30 968
-
-
-
social contributions
2 539
-
362
-
income
6 831
-
-
-
total
9 370
-
362
-
Employer
30 968
-
-
-
social contributions
43 665
-
6 223
-
total
43 665
-
6 223
-
Corporate
-
28 000
-
-
income
-
6 160
-
-
total
-
6 160
-
-
Dividends
-
21 840
-
-
income
-
4 805
-
-
total
-
4 805
-
-
Income
28 000
28 000
28 000
28 000
Total tax
53 035
10 965
6 585
8 650
After tax
-25 035
17 035
21 415
19 350
Living cost
21 598
21 598
21 598
21 598
Free-cash
-46 633
-4 563
-183
-2 248

Estimated living cost  is ₴21598 per week

₴14014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5278
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
₴443
-₴44
₴690
-₴95
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.

-
-
-
28 000
income
-
-
-
2 096
surtax
-
-
-
-
social contributions

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

-
-
-
9 730
total
-
-
-
11 826
Employee
22 704
-
22 627
-
surtax
-
-
-
-
social contributions
2 497
-
2 489
-
income
4 722
-
4 698
-
total
7 219
-
7 187
-
Employer
22 704
-
22 627
-
social contributions
5 392
-
5 373
-
total
5 392
-
5 373
-
Corporate
-
28 000
-
-
income
-
5 880
-
-
surtax
-
-
-
-
total
-
5 880
-
-
Dividends
-
22 120
-
-
withholding
-
6 193
-
-
total
-
6 193
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 611
12 073
12 560
11 826
After tax
15 389
15 927
15 440
16 174
Living cost
15 484
15 484
15 484
15 484
Free-cash
-95
443
-44
690

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2727
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
-₴9732
-₴6798
-₴7057
-₴12574
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
-
-
-
28 000
income
-
-
-
1 236
other
-
-
-
868
surtax
-
-
-
-
social contributions
-
-
-
798
health
-
-
-
243
pensions
-
-
-
8 069
total
-
-
-
11 214
Employee
30 918
-
21 338
-
pensions
3 497
-
2 413
-
surtax
-
-
-
-
social contributions
881
-
608
-
income
2 698
-
1 272
-
total
7 076
-
4 293
-
Employer
30 918
-
21 338
-
health
2 164
-
1 493
-
pensions
5 080
-
3 505
-
unemployment
1 252
-
864
-
social contributions
93
-
64
-
other
1 067
-
736
-
total
9 656
-
6 662
-
Corporate
-
28 000
-
-
income
-
7 840
-
-
surtax
-
-
-
-
total
-
7 840
-
-
Dividends
-
20 160
-
-
surtax
-
-
-
-
social contributions
-
3 468
-
-
withholding
-
2 581
-
-
total
-
6 049
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 732
13 889
10 955
11 214
After tax
11 268
14 111
17 045
16 786
Living cost
23 842
23 842
23 842
23 842
Free-cash
-12 574
-9 732
-6 798
-7 057

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5429
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
₴10361
₴7819
₴7001
₴8703
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
-
-
-
28 000
income
-
-
-
-
social contributions
-
-
-
6 160
total
-
-
-
6 160
Employee
15 870
-
24 243
-
income
-
-
9
-
social contributions
1 031
-
1 576
-
total
1 031
-
1 585
-
Employer
15 870
-
24 243
-
social contributions
2 460
-
3 757
-
total
2 460
-
3 757
-
Corporate
9 670
28 000
-
-
income
967
2 800
-
-
total
967
2 800
-
-
Dividends
8 703
25 200
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
4 458
2 800
5 342
6 160
After tax
23 542
25 200
22 658
21 840
Living cost
14 839
14 839
14 839
14 839
Free-cash
8 703
10 361
7 819
7 001

Estimated living cost  is ₴14839 per week

₴9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1119
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.
₴3846
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
-₴79505
-₴79505
-₴5566
-₴79505
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
-
-
-
28 000
labour market
-
-
-
2 206
municipal
-
-
-
4 525
national
-
-
-
2 644
pensions
-
-
-
428
total
-
-
-
9 803
Employee
100 298
100 298
100 298
-
municipal
21 358
21 358
21 358
-
labour market
8 012
8 012
8 012
-
pensions
143
143
143
-
national
12 253
12 253
12 253
-
total
41 766
41 766
41 766
-
Employer
100 298
100 298
100 298
-
national
12 275
12 275
12 275
-
labour market
8 024
8 024
8 024
-
pensions
285
285
285
-
municipal
21 392
21 392
21 392
-
total
41 976
41 976
41 976
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
83 742
83 742
83 742
9 803
After tax
-55 742
-55 742
-55 742
18 197
Living cost
23 763
23 763
23 763
23 763
Free-cash
-79 505
-79 505
-79 505
-5 566

Estimated living cost  is ₴23763 per week

₴16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5032
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
-₴8564
₴3955
₴8526
₴606
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
-
-
-
28 000
accident
-
-
-
126
income
-
-
-
5 162
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
8 642
Employee
17 040
-
23 260
-
pensions
1 919
-
2 619
-
income
2 338
-
3 191
-
health
1 951
-
2 663
-
total
6 208
-
8 473
-
Employer
17 040
-
23 260
-
pensions
2 771
-
3 782
-
accident
285
-
388
-
unemployment
418
-
570
-
total
3 474
-
4 740
-
Corporate
7 487
28 000
-
-
income

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

6 738
25 200
-
-
total
6 738
25 200
-
-
Dividends
749
2 800
-
-
withholding
142
532
-
-
total
142
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 562
25 732
13 213
8 642
After tax
11 438
2 268
14 787
19 358
Living cost
10 832
10 832
10 832
10 832
Free-cash
606
-8 564
3 955
8 526

Estimated living cost  is ₴10832 per week

₴7885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2127
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
₴405
-₴1656
₴2803
-₴2873
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

-
-
-
28 000
health
-
-
-
225
municipal
-
-
-
5 000
national
-
-
-
1 020
total
-
-
-
6 245
Employee
25 972
-
23 555
-
municipal
4 254
-
3 862
-
unemployment
390
-
353
-
pensions
1 753
-
1 590
-
national
429
-
298
-
health
194
-
156
-
total
7 020
-
6 259
-
Employer
25 972
-
23 555
-
health
200
-
182
-
pensions
4 506
-
4 087
-
accident
26
-
23
-
unemployment
169
-
153
-
total
4 901
-
4 445
-
Corporate
-
28 000
-
-
income
-
5 600
-
-
total
-
5 600
-
-
Dividends

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

-
16 800
-
-
municipal
-
3 024
-
-
national
-
19
-
-
total
-
3 043
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 921
8 643
10 704
6 245
After tax
16 079
19 357
17 296
21 755
Living cost
18 952
18 952
18 952
18 952
Free-cash
-2 873
405
-1 656
2 803

Estimated living cost  is ₴18952 per week

₴12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4449
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
₴5409
₴7559
₴10559
₴6504
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
-
-
-
28 000
income
-
-
-
930
social contributions
-
-
-
4 368
health
-
-
-
714
total
-
-
-
6 012
Employee
37 959
37 959
37 959
-
social contributions
1 435
3 150
2 110
-
income
4 133
3 514
3 890
-
health
294
645
432
-
total
5 862
7 309
6 432
-
Employer
37 959
37 959
37 959
-
health
319
703
470
-
social contributions
1 435
3 150
2 110
-
total
1 754
3 853
2 580
-
Corporate
8 954
-
-
-
income
1 119
-
-
-
total
1 119
-
-
-
Dividends
7 834
-
-
-
withholding
1 332
-
-
-
total
1 332
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 067
11 162
9 012
6 012
After tax
17 933
16 838
18 988
21 988
Living cost
11 429
11 429
11 429
11 429
Free-cash
6 504
5 409
7 559
10 559

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3206
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
₴15349
₴9510
₴12860
₴12839
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
-
-
-
28 000
income
-
-
-
2 362
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
7 302
Employee

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

11 331
-
25 386
-
unemployment
56
-
126
-
pensions
1 699
-
3 808
-
income
775
-
1 948
-
health
963
-
2 157
-
total
3 493
-
8 039
-
Employer

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

11 331
-
25 386
-
health
487
-
1 091
-
pensions
623
-
1 396
-
unemployment
56
-
126
-
total
1 166
-
2 613
-
Corporate
15 503
28 000
-
-
income
1 395
2 520
-
-
total
1 395
2 520
-
-
Dividends
14 108
25 480
-
-
withholding
1 269
2 293
-
-
total
1 269
2 293
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 323
4 813
10 652
7 302
After tax
20 677
23 187
17 348
20 698
Living cost
7 838
7 838
7 838
7 838
Free-cash
12 839
15 349
9 510
12 860

Estimated living cost  is ₴7838 per week

₴5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2038
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
₴5340
₴2061
₴1863
₴2705
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
-
-
-
28 000
accident
-
-
-
252
income
-
-
-
4 162
other
-
-
-
28
unemployment
-
-
-
196
pensions
-
-
-
7 924
total
-
-
-
12 562
Employee
18 253
-
21 231
-
other
18
-
22
-
unemployment
283
-
329
-
pensions
858
-
998
-
income
3 519
-
4 246
-
total
4 678
-
5 595
-
Employer
18 253
-
21 231
-
pensions
4 307
-
5 011
-
accident
362
-
421
-
unemployment
1 004
-
1 167
-
other
146
-
170
-
total
5 819
-
6 769
-
Corporate
3 928
28 000
-
-
income

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

589
4 200
-
-
total
589
4 200
-
-
Dividends
3 338
23 800
-
-
withholding
634
4 885
-
-
total
634
4 885
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 720
9 085
12 364
12 562
After tax
16 280
18 915
15 636
15 438
Living cost
13 575
13 575
13 575
13 575
Free-cash
2 705
5 340
2 061
1 863

Estimated living cost  is ₴13575 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴2869
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
₴16511
₴16606
₴16675
₴16354
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
-
-
-
28 000
income
-
-
-
9 155
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
10 364
Employee
1 464
-
27 211
-
unemployment
15
-
35
-
pensions
132
-
316
-
income
283
-
9 118
-
health
73
-
175
-
total
503
-
9 644
-
Employer
1 464
-
27 211
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
26 206
28 000
-
-
income
5 765
6 160
-
-
total
5 765
6 160
-
-
Dividends
20 441
21 840
-
-
withholding
4 088
4 368
-
-
total
4 088
4 368
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 685
10 528
10 433
10 364
After tax
17 315
17 472
17 567
17 636
Living cost
961
961
961
961
Free-cash
16 354
16 511
16 606
16 675

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
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
₴11693
₴6534
₴5328
₴9264
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.

-
-
-
28 000
income
-
-
-
3 551
unemployment
-
-
-
420
health
-
-
-
2 884
pensions
-
-
-
7 280
total
-
-
-
14 135
Employee

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

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

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

12 873
-
23 749
-
unemployment
97
-
178
-
pensions
1 802
-
3 325
-
income
1 774
-
3 952
-
health
663
-
1 223
-
total
4 336
-
8 678
-
Employer

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

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

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

12 873
-
23 749
-
health
663
-
1 223
-
pensions
1 545
-
2 850
-
unemployment
97
-
178
-
total
2 305
-
4 251
-
Corporate
12 823
28 000
-
-
income
1 923
4 200
-
-
total
1 923
4 200
-
-
Dividends
10 899
23 800
-
-
withholding
1 635
3 570
-
-
total
1 635
3 570
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 199
7 770
12 929
14 135
After tax
17 801
20 230
15 071
13 865
Living cost
8 537
8 537
8 537
8 537
Free-cash
9 264
11 693
6 534
5 328

Estimated living cost  is ₴8537 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
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.
₴1882
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
₴2619
₴2132
₴2866
₴2440
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.

-
-
-
28 000
income
-
-
-
2 096
surtax
-
-
-
-
social contributions

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

-
-
-
9 730
total
-
-
-
11 826
Employee
19 160
-
22 627
-
surtax
-
-
-
-
social contributions
2 108
-
2 489
-
income
3 744
-
4 698
-
total
5 852
-
7 187
-
Employer
19 160
-
22 627
-
social contributions
4 550
-
5 373
-
total
4 550
-
5 373
-
Corporate
4 290
28 000
-
-
income
901
5 880
-
-
surtax
-
-
-
-
total
901
5 880
-
-
Dividends
3 389
22 120
-
-
withholding
949
6 193
-
-
total
949
6 193
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 252
12 073
12 560
11 826
After tax
15 748
15 927
15 440
16 174
Living cost
13 308
13 308
13 308
13 308
Free-cash
2 440
2 619
2 132
2 866

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
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.
₴2722
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
₴1566
-₴1713
-₴1911
-₴3441
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
-
-
-
28 000
accident
-
-
-
252
income
-
-
-
4 162
other
-
-
-
28
unemployment
-
-
-
196
pensions
-
-
-
7 924
total
-
-
-
12 562
Employee
23 841
-
21 231
-
other
23
-
22
-
unemployment
369
-
329
-
pensions
1 120
-
998
-
income
4 979
-
4 246
-
total
6 491
-
5 595
-
Employer
23 841
-
21 231
-
pensions
5 626
-
5 011
-
accident
472
-
421
-
unemployment
1 312
-
1 167
-
other
191
-
170
-
total
7 601
-
6 769
-
Corporate
-
28 000
-
-
income

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

-
4 200
-
-
total
-
4 200
-
-
Dividends
-
23 800
-
-
withholding
-
4 885
-
-
total
-
4 885
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 092
9 085
12 364
12 562
After tax
13 908
18 915
15 636
15 438
Living cost
17 349
17 349
17 349
17 349
Free-cash
-3 441
1 566
-1 713
-1 911

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
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.
₴3297
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
₴15436
₴11147
₴10686
₴12422
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
-
-
-
28 000
income
-
-
-
4 200
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
8 810
Employee
11 260
-
24 612
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
2 461
-
health
518
-
794
-
total
2 757
-
4 961
-
Employer
11 260
-
24 612
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
14 531
28 000
-
-
income
1 453
2 800
-
-
total
1 453
2 800
-
-
Dividends
13 078
25 200
-
-
withholding
654
1 260
-
-
total
654
1 260
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 074
4 060
8 349
8 810
After tax
20 926
23 940
19 651
19 190
Living cost
8 504
8 504
8 504
8 504
Free-cash
12 422
15 436
11 147
10 686

Estimated living cost  is ₴8504 per week

₴5624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2190
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
-₴4551
₴2409
₴1685
₴1907
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.

-
-
-
28 000
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.

-
-
-
2 996
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.

-
-
-
165
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.

-
-
-
3 372
trade
-
-
-
724
total
-
-
-
7 257
Employee

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

24 562
-
28 000
-
surtax

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

111
-
165
-
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.

2 020
-
2 996
-
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.

3 372
-
3 372
-
total
5 503
-
6 533
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 438
28 000
-
-
income
515
4 200
-
-
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.

28
231
-
-
chamber of commerce
80
116
-
-
trade
494
4 018
-
-
total
1 117
8 565
-
-
Dividends
2 321
19 435
-
-
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.

22
257
-
-
withholding
393
4 671
-
-
total
415
4 928
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 035
13 493
6 533
7 257
After tax
20 965
14 507
21 467
20 743
Living cost
19 058
19 058
19 058
19 058
Free-cash
1 907
-4 551
2 409
1 685

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴3584
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
-₴8520
-₴6215
-₴6215
-₴10614
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
-
-
-
28 000
income
-
-
-
4 054
social contributions
-
-
-
2 041
total
-
-
-
6 095
Employee
38 614
-
28 000
-
income
7 286
-
4 054
-
social contributions
3 208
-
2 041
-
total
10 494
-
6 095
-
Employer
38 614
-
28 000
-
total
-
-
-
-
Corporate
-
28 000
-
-
income
-
3 500
-
-
total
-
3 500
-
-
Dividends
-
24 500
-
-
withholding
-
4 900
-
-
total
-
4 900
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 494
8 400
6 095
6 095
After tax
17 506
19 600
21 905
21 905
Living cost
28 120
28 120
28 120
28 120
Free-cash
-10 614
-8 520
-6 215
-6 215

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4167
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
-₴2328
₴2311
-₴6955
₴531
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.

-
-
-
28 000
income
-
-
-
14 052
health

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

-
-
-
2 983
total
-
-
-
17 035
Employee
22 646
-
25 729
-
income
2 457
-
3 227
-
social contributions
2 269
-
2 271
-
total
4 726
-
5 498
-
Employer
22 646
-
25 729
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
3 085
28 000
-
-
income
1 080
9 800
-
-
total
1 080
9 800
-
-
Dividends
2 005
18 200
-
-
social contributions
1 474
2 608
-
-
total
1 474
2 608
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 549
12 408
7 769
17 035
After tax
18 451
15 592
20 231
10 965
Living cost
17 920
17 920
17 920
17 920
Free-cash
531
-2 328
2 311
-6 955

Estimated living cost  is ₴17920 per week

₴11804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4428
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
₴2753
-₴12
₴2814
-₴20
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
-
-
-
28 000
income
-
-
-
5 259
pensions
-
-
-
1 701
total
-
-
-
6 960
Employee
25 018
-
25 000
-
pensions
1 909
-
1 907
-
income
4 556
-
4 554
-
health
326
-
326
-
total
6 791
-
6 787
-
Employer
25 018
-
25 000
-
health
475
-
475
-
pensions
2 528
-
2 524
-
total
3 003
-
2 999
-
Corporate
-
28 000
-
-
income

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

-
5 320
-
-
total
-
5 320
-
-
Dividends
-
22 680
-
-
withholding
-
1 701
-
-
total
-
1 701
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 794
7 021
9 786
6 960
After tax
18 206
20 979
18 214
21 040
Living cost
18 226
18 226
18 226
18 226
Free-cash
-20
2 753
-12
2 814

Estimated living cost  is ₴18226 per week

₴12503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3818
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
-₴9637
₴2882
₴7453
₴441
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
-
-
-
28 000
accident
-
-
-
126
income
-
-
-
5 162
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
8 642
Employee
18 727
-
23 260
-
pensions
2 109
-
2 619
-
income
2 569
-
3 191
-
health
2 144
-
2 663
-
total
6 822
-
8 473
-
Employer
18 727
-
23 260
-
pensions
3 045
-
3 782
-
accident
313
-
388
-
unemployment
459
-
570
-
total
3 817
-
4 740
-
Corporate
5 457
28 000
-
-
income

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

4 911
25 200
-
-
total
4 911
25 200
-
-
Dividends
546
2 800
-
-
withholding
104
532
-
-
total
104
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
15 654
25 732
13 213
8 642
After tax
12 346
2 268
14 787
19 358
Living cost
11 905
11 905
11 905
11 905
Free-cash
441
-9 637
2 882
7 453

Estimated living cost  is ₴11905 per week

₴8737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
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
₴17130
₴9905
₴9905
₴14729
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.

-
-
-
28 000
income
-
-
-
3 725
unemployment
-
-
-
336
work injury
-
-
-
140
health insurance
-
-
-
2 072
pensions
-
-
-
5 152
total
-
-
-
11 425
Employee

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

10 671
-
28 000
-
health insurance
790
-
2 072
-
unemployment
128
-
336
-
work injury
53
-
140
-
pensions
1 964
-
5 152
-
income
1 067
-
3 725
-
total
4 002
-
11 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 329
28 000
-
-
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
17 329
28 000
-
-
withholding
2 599
4 200
-
-
total
2 599
4 200
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 601
4 200
11 425
11 425
After tax
21 399
23 800
16 575
16 575
Living cost
6 670
6 670
6 670
6 670
Free-cash
14 729
17 130
9 905
9 905

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1845
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

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Rome , Italy
-₴4918
-₴6090
-₴4536
-₴13599
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
-
-
-
28 000
social contributions
-
-
-
7 202
regional
-
-
-
428
municipal
-
-
-
187
national
-
-
-
5 053
total
-
-
-
12 870
Employee
41 598
-
28 000
-
municipal
248
-
167
-
national
7 030
-
4 449
-
regional
628
-
366
-
social contributions
14 027
-
9 442
-
total
21 933
-
14 424
-
Employer
41 598
-
28 000
-
total
-
-
-
-
Corporate
-
28 000
-
-
municipal
-
1 350
-
-
nationa
-
6 720
-
-
total
-
8 070
-
-
Dividends
-
19 931
-
-
withholding
-
5 182
-
-
total
-
5 182
-
-
Income
28 000
28 000
28 000
28 000
Total tax
21 933
13 252
14 424
12 870
After tax
6 067
14 748
13 576
15 130
Living cost
19 666
19 666
19 666
19 666
Free-cash
-13 599
-4 918
-6 090
-4 536

Estimated living cost  is ₴19666 per week

₴13814
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.
₴297
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.
₴4201
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

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