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
₴5685
-₴786
₴4695
₴6467
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
trade
-
-
-
782
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.

-
-
-
3 385
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.

-
-
-
164
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.

-
-
-
2 978
total
-
-
-
7 309
Employee

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

18 949
-
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
-
164
-
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.

529
-
2 978
-
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.

3 385
-
3 385
-
total
3 943
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 051
28 000
-
-
trade
1 425
4 410
-
-
income
1 358
4 200
-
-
chamber of commerce
88
116
-
-
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
231
-
-
total
2 945
8 957
-
-
Dividends
6 105
19 043
-
-
withholding
1 338
4 572
-
-
surtax

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

73
251
-
-
total
1 411
4 823
-
-
Income
28 000
28 000
28 000
28 000
Total tax
8 299
13 780
6 527
7 309
After tax
19 701
14 220
21 473
20 691
Living cost
15 006
15 006
15 006
15 006
Free-cash
4 695
-786
6 467
5 685

Estimated living cost  is ₴15006 per week

₴9439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3537
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
-₴8682
-₴8876
-₴16552
-₴8462
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
municipal
-
-
-
2 617
pensions
-
-
-
3 360
social contributions
-
-
-
301
national
-
-
-
4 056
total
-
-
-
10 334
Employee
40 845
-
24 206
-
municipal
5 045
-
2 726
-
national
7 818
-
4 224
-
pensions
1 634
-
968
-
total
14 497
-
7 918
-
Employer
40 845
-
24 206
-
pensions
3 268
-
1 936
-
social contributions
439
-
260
-
total
3 707
-
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
18 204
10 528
10 114
10 334
After tax
9 796
17 472
17 886
17 666
Living cost
26 348
26 348
26 348
26 348
Free-cash
-16 552
-8 876
-8 462
-8 682

Estimated living cost  is ₴26348 per week

₴17909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2449
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴394
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.
₴5596
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
₴11933
₴12093
₴8029
₴5720
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
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.

-
-
-
1 560
income
-
-
-
-
microenterprise
-
-
-
4 200
total
-
-
-
5 760
Employee
14 477
-
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.

1 593
-
2 482
-
surtax
-
-
-
-
income
2 577
-
4 055
-
total
4 170
-
6 537
-
Employer
14 477
-
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.

3 487
-
5 436
-
total
3 487
-
5 436
-
Corporate
10 036
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%.

2 007
5 600
-
-
total
2 007
5 600
-
-
Dividends

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

8 029
22 400
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 664
5 600
11 973
5 760
After tax
18 336
22 400
16 027
22 240
Living cost
10 307
10 307
10 307
10 307
Free-cash
8 029
12 093
5 720
11 933

Estimated living cost  is ₴10307 per week

₴6576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴982
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.
₴2516
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
-₴4740
-₴18417
-₴21197
-₴21197
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
pensions
-
-
-
5 040
health
-
-
-
4 298
income
-
-
-
2 648
total
-
-
-
11 986
Employee
42 308
42 308
42 308
-
pensions
7 615
5 805
7 615
-
income

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

6 925
6 925
6 925
-
health
6 494
5 524
6 494
-
total
21 034
18 254
21 034
-
Employer
42 308
42 308
42 308
-
pensions
2 945
2 945
2 945
-
unemployment
1 523
1 523
1 523
-
health
2 941
2 941
2 941
-
total
7 409
7 409
7 409
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
28 443
25 663
28 443
11 986
After tax
-443
2 337
-443
16 014
Living cost
20 754
20 754
20 754
20 754
Free-cash
-21 197
-18 417
-21 197
-4 740

Estimated living cost  is ₴20754 per week

₴14708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴3845
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
-₴6472
-₴5141
-₴10255
-₴5476
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
municipal
-
-
-
5 931
pensions
-
-
-
3 027
health
-
-
-
1 747
other
-
-
-
3 254
unemployment
-
-
-
28
accident
-
-
-
56
national
-
-
-
-
total
-
-
-
14 043
Employee
29 110
-
21 306
-
municipal
8 680
-
6 353
-
national
-
-
-
-
total
8 680
-
6 353
-
Employer
29 110
-
21 306
-
pensions
3 147
-
2 303
-
other
3 383
-
2 476
-
unemployment
768
-
562
-
accident
58
-
43
-
health
1 790
-
1 310
-
total
9 146
-
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
17 826
12 712
13 047
14 043
After tax
10 174
15 288
14 953
13 957
Living cost
20 429
20 429
20 429
20 429
Free-cash
-10 255
-5 141
-5 476
-6 472

Estimated living cost  is ₴20429 per week

₴13540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴310
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4575
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
₴1193
-₴5388
₴1573
₴2010
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
trade
-
-
-
817
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.

-
-
-
3 385
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.

-
-
-
164
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.

-
-
-
2 978
total
-
-
-
7 344
Employee

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

25 124
-
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
-
164
-
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.

2 159
-
2 978
-
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.

3 385
-
3 385
-
total
5 662
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 876
28 000
-
-
trade
473
4 606
-
-
income
432
4 200
-
-
chamber of commerce
79
115
-
-
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
-
-
total
1 008
9 152
-
-
Dividends
1 869
18 848
-
-
withholding
279
4 524
-
-
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.

15
249
-
-
total
294
4 773
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 964
13 925
6 527
7 344
After tax
21 036
14 075
21 473
20 656
Living cost
19 463
19 463
19 463
19 463
Free-cash
1 573
-5 388
2 010
1 193

Estimated living cost  is ₴19463 per week

₴13017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4103
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
₴5932
₴727
₴2496
₴2903
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
health
-
-
-
714
social contributions
-
-
-
4 368
income
-
-
-
917
total
-
-
-
5 999
Employee
38 096
38 096
38 096
-
social contributions
1 851
3 162
2 110
-
income
4 000
3 527
3 906
-
health
379
648
432
-
total
6 230
7 337
6 448
-
Employer
38 096
38 096
38 096
-
social contributions
1 851
3 162
2 110
-
health
413
705
470
-
total
2 264
3 867
2 580
-
Corporate
3 436
-
-
-
income
430
-
-
-
total
430
-
-
-
Dividends
3 007
-
-
-
withholding
511
-
-
-
total
511
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 435
11 204
9 028
5 999
After tax
18 565
16 796
18 972
22 001
Living cost
16 069
16 069
16 069
16 069
Free-cash
2 496
727
2 903
5 932

Estimated living cost  is ₴16069 per week

₴10985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3559
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
₴10294
₴6752
₴6942
₴7130
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
pensions
-
-
-
2 800
health
-
-
-
1 960
unemployment
-
-
-
420
income
-
-
-
3 423
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.

13 140
5 229
23 431
-
pensions
1 314
523
2 343
-
unemployment
197
78
351
-
income
1 606
639
2 864
-
health
920
366
1 640
-
total
4 037
1 606
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.

13 140
5 229
23 431
-
pensions
2 562
1 020
4 569
-
total
2 562
1 020
4 569
-
Corporate
12 298
21 751
-
-
income
1 107
1 958
-
-
total
1 107
1 958
-
-
Dividends
11 191
19 793
-
-
withholding
2 126
3 761
-
-
social contributions
2 123
3 800
-
-
total
4 249
7 561
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 955
12 145
11 767
8 603
After tax
16 045
15 855
16 233
19 397
Living cost
9 103
9 103
9 103
9 103
Free-cash
6 942
6 752
7 130
10 294

Estimated living cost  is ₴9103 per week

₴6212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1964
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
₴3590
₴10434
₴7356
₴4564
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
pensions
-
-
-
5 600
health
-
-
-
3 640
income
-
-
-
3 204
total
-
-
-
12 444
Employee
14 055
-
20 927
-
pensions
281
-
418
-
unemployment
225
-
335
-
income
1 582
-
3 644
-
total
2 088
-
4 397
-
Employer
14 055
-
20 927
-
pensions
2 811
-
4 185
-
unemployment
113
-
167
-
health
1 827
-
2 721
-
total
4 751
-
7 073
-
Corporate
9 195
28 000
-
-
income
1 839
5 600
-
-
total
1 839
5 600
-
-
Dividends
7 356
22 400
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
8 678
5 600
11 470
12 444
After tax
19 322
22 400
16 530
15 556
Living cost
11 966
11 966
11 966
11 966
Free-cash
7 356
10 434
4 564
3 590

Estimated living cost  is ₴11966 per week

₴8208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴713
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.
₴2805
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
₴8293
-₴8799
₴571
₴3720
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
pensions
-
-
-
2 093
health
-
-
-
1 097
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
5 137
total
-
-
-
8 640
Employee
17 409
-
23 260
-
pensions
1 960
-
2 619
-
income
2 388
-
3 191
-
health
1 993
-
2 663
-
total
6 341
-
8 473
-
Employer
17 409
-
23 260
-
pensions
2 831
-
3 782
-
unemployment
427
-
570
-
accident
291
-
388
-
total
3 549
-
4 740
-
Corporate
7 043
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.

6 338
25 200
-
-
total
6 338
25 200
-
-
Dividends
704
2 800
-
-
withholding
134
532
-
-
total
134
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 362
25 732
13 213
8 640
After tax
11 638
2 268
14 787
19 360
Living cost
11 067
11 067
11 067
11 067
Free-cash
571
-8 799
3 720
8 293

Estimated living cost  is ₴11067 per week

₴8111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2112
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
₴23667
₴22547
₴21787
₴18347
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
5 066
-
28 000
-
income
1 013
-
5 600
-
total
1 013
-
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%.

22 934
28 000
-
-
total
-
-
-
-
Dividends
22 934
28 000
-
-
withholding
1 147
1 400
-
-
total
1 147
1 400
-
-
Income
28 000
28 000
28 000
28 000
Total tax
2 160
1 400
5 600
280
After tax
25 840
26 600
22 400
27 720
Living cost
4 053
4 053
4 053
4 053
Free-cash
21 787
22 547
18 347
23 667

Estimated living cost  is ₴4053 per week

₴2512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴1960
₴7371
₴4023
₴3210
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
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
health
-
-
-
1 232
other
-
-
-
1 330
income
-
-
-
3 557
total
-
-
-
12 839
Employee
17 989
-
22 365
-
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.

1 259
-
1 566
-
unemployment
180
-
224
-
income
3 097
-
3 850
-
health
252
-
313
-
total
4 788
-
5 953
-
Employer
17 989
-
22 365
-
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.

3 058
-
3 802
-
other
900
-
1 118
-
unemployment
180
-
224
-
accident
144
-
179
-
health
252
-
313
-
total
4 534
-
5 636
-
Corporate
5 478
28 000
-
-
income
1 151
5 880
-
-
total
1 151
5 880
-
-
Dividends
4 327
22 120
-
-
withholding
303
1 548
-
-
total
303
1 548
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 776
7 428
11 589
12 839
After tax
17 224
20 572
16 411
15 161
Living cost
13 201
13 201
13 201
13 201
Free-cash
4 023
7 371
3 210
1 960

Estimated living cost  is ₴13201 per week

₴9327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴891
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.
₴2770
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
-₴11720
-₴11779
-₴24700
-₴14547
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
pensions
-
-
-
1 702
income
-
-
-
5 260
total
-
-
-
6 962
Employee
46 348
-
24 999
-
pensions
4 471
-
1 909
-
income
8 355
-
4 553
-
health
764
-
326
-
total
13 590
-
6 788
-
Employer
46 348
-
24 999
-
pensions
5 472
-
2 526
-
health
880
-
475
-
total
6 352
-
3 001
-
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
19 942
7 021
9 789
6 962
After tax
8 058
20 979
18 211
21 038
Living cost
32 758
32 758
32 758
32 758
Free-cash
-24 700
-11 779
-14 547
-11 720

Estimated living cost  is ₴32758 per week

₴24546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4097
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
₴12690
₴17448
₴15148
₴13149
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
pensions

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

-
-
-
2 560
health
-
-
-
1 989
unemployment
-
-
-
69
income
-
-
-
4 200
total
-
-
-
8 818
Employee
8 596
-
24 607
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
pensions

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

755
-
1 519
-
income
860
-
2 461
-
health
395
-
796
-
total
2 105
-
4 966
-
Employer
8 596
-
24 607
-
pensions

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

947
-
1 906
-
unemployment
51
-
104
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
health
593
-
1 193
-
total
1 686
-
3 393
-
Corporate
17 717
28 000
-
-
income
1 772
2 800
-
-
total
1 772
2 800
-
-
Dividends
15 945
25 200
-
-
withholding
797
1 260
-
-
total
797
1 260
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 360
4 060
8 359
8 818
After tax
21 640
23 940
19 641
19 182
Living cost
6 492
6 492
6 492
6 492
Free-cash
15 148
17 448
13 149
12 690

Estimated living cost  is ₴6492 per week

₴3790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴464
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.
₴2066
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
-₴11458
-₴25135
-₴25975
-₴27915
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
pensions
-
-
-
5 040
health
-
-
-
4 298
income
-
-
-
2 648
total
-
-
-
11 986
Employee
45 933
42 308
42 308
-
pensions
5 805
5 805
7 615
-
income

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

6 925
6 925
6 925
-
health
5 730
5 524
6 494
-
total
18 460
18 254
21 034
-
Employer
45 933
42 308
42 308
-
pensions
3 197
2 945
2 945
-
unemployment
1 654
1 523
1 523
-
health
3 192
2 941
2 941
-
total
8 043
7 409
7 409
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
26 503
25 663
28 443
11 986
After tax
1 497
2 337
-443
16 014
Living cost
27 472
27 472
27 472
27 472
Free-cash
-25 975
-25 135
-27 915
-11 458

Estimated living cost  is ₴27472 per week

₴20265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
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.
₴4439
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
₴1328
₴6969
₴2578
₴1900
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
health
-
-
-
3 780
social contributions
-
-
-
8 176
solidarity contribution
-
-
-
-
income
-
-
-
2 407
total
-
-
-
14 363
Employee
18 102
-
20 896
-
social contributions
1 177
-
1 358
-
income
2 172
-
2 507
-
solidarity contribution
-
-
-
-
health
2 444
-
2 821
-
total
5 793
-
6 686
-
Employer
18 102
-
20 896
-
social contributions
4 525
-
5 224
-
health
1 629
-
1 881
-
total
6 154
-
7 105
-
Corporate
3 744
28 000
-
-
income
711
5 320
-
-
total
711
5 320
-
-
Dividends
3 033
22 680
-
-
withholding
455
3 402
-
-
total
455
3 402
-
-
Income
28 000
28 000
28 000
28 000
Total tax
13 113
8 722
13 791
14 363
After tax
14 887
19 278
14 209
13 637
Living cost
12 309
12 309
12 309
12 309
Free-cash
2 578
6 969
1 900
1 328

Estimated living cost  is ₴12309 per week

₴8550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2641
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
-₴5605
-₴5966
-₴16030
-₴7186
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
municipal
-
-
-
166
regional
-
-
-
280
social contributions
-
-
-
7 202
national
-
-
-
5 052
total
-
-
-
12 700
Employee
44 031
-
28 000
-
social contributions
14 847
-
9 441
-
municipal
233
-
149
-
regional
415
-
244
-
national
7 630
-
4 447
-
total
23 125
-
14 281
-
Employer
44 031
-
28 000
-
total
-
-
-
-
Corporate
-
28 000
-
-
nationa
-
6 720
-
-
municipal
-
1 092
-
-
total
-
7 812
-
-
Dividends
-
20 188
-
-
withholding
-
5 249
-
-
total
-
5 249
-
-
Income
28 000
28 000
28 000
28 000
Total tax
23 125
13 061
14 281
12 700
After tax
4 875
14 939
13 719
15 300
Living cost
20 905
20 905
20 905
20 905
Free-cash
-16 030
-5 966
-7 186
-5 605

Estimated living cost  is ₴20905 per week

₴14573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴321
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4641
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
₴4932
₴6680
₴5139
₴4332
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
pensions
-
-
-
5 600
health
-
-
-
1 988
surtax
-
-
-
241
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
4 194
total
-
-
-
12 136
Employee
16 384
-
23 130
-
surtax
54
-
195
-
pensions
1 092
-
1 543
-
other
-
-
-
-
unemployment
1 140
-
1 610
-
income
2 746
-
3 930
-
health
418
-
589
-
total
5 450
-
7 867
-
Employer
16 384
-
23 130
-
pensions
2 184
-
3 083
-
other
-
-
-
-
unemployment
519
-
733
-
health
746
-
1 053
-
total
3 449
-
4 869
-
Corporate
8 168
28 000
-
-
income
2 124
7 280
-
-
total
2 124
7 280
-
-
Dividends
6 044
20 720
-
-
withholding
906
3 108
-
-
total
906
3 108
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 929
10 388
12 736
12 136
After tax
16 071
17 612
15 264
15 864
Living cost
10 932
10 932
10 932
10 932
Free-cash
5 139
6 680
4 332
4 932

Estimated living cost  is ₴10932 per week

₴6685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2987
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
-₴1341
-₴1400
-₴7012
-₴4168
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
pensions
-
-
-
1 702
income
-
-
-
5 260
total
-
-
-
6 962
Employee
31 061
-
24 999
-
pensions
2 636
-
1 909
-
income
5 594
-
4 553
-
health
451
-
326
-
total
8 681
-
6 788
-
Employer
31 061
-
24 999
-
pensions
3 362
-
2 526
-
health
590
-
475
-
total
3 952
-
3 001
-
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
12 633
7 021
9 789
6 962
After tax
15 367
20 979
18 211
21 038
Living cost
22 379
22 379
22 379
22 379
Free-cash
-7 012
-1 400
-4 168
-1 341

Estimated living cost  is ₴22379 per week

₴16766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1677
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.
₴3701
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
-₴15812
-₴26792
-₴22751
-₴17241
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
regional
-
-
-
580
city
-
-
-
294
pensions
-
-
-
2 576
health
-
-
-
129
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
national
-
-
-
77
total
-
-
-
4 216
Employee
46 338
-
25 061
-
regional
1 517
-
489
-
national
219
-
61
-
pensions
3 893
-
2 106
-
unemployment
-
-
-
-
city
497
-
270
-
health
105
-
56
-
total
6 231
-
2 982
-
Employer
46 338
-
25 061
-
pensions
3 893
-
2 106
-
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.

926
-
501
-
unemployment
-
-
-
-
health
105
-
56
-
total
4 924
-
2 663
-
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
11 155
15 196
5 645
4 216
After tax
16 845
12 804
22 355
23 784
Living cost
39 596
39 596
39 596
39 596
Free-cash
-22 751
-26 792
-17 241
-15 812

Estimated living cost  is ₴39596 per week

₴25749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴486
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.
₴9808
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
-₴2075
-₴8764
-₴1775
-₴1223
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
trade
-
-
-
852
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.

-
-
-
3 385
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.

-
-
-
164
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.

-
-
-
2 978
total
-
-
-
7 379
Employee

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

29 775
-
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.

193
-
164
-
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.

3 501
-
2 978
-
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.

3 385
-
3 385
-
total
7 079
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
28 000
-
-
trade
-
4 802
-
-
income
-
4 200
-
-
chamber of commerce
-
115
-
-
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
-
-
total
-
9 348
-
-
Dividends
-
18 652
-
-
withholding
-
4 474
-
-
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
-
-
total
-
4 720
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 079
14 068
6 527
7 379
After tax
20 921
13 932
21 473
20 621
Living cost
22 696
22 696
22 696
22 696
Free-cash
-1 775
-8 764
-1 223
-2 075

Estimated living cost  is ₴22696 per week

₴16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4010
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
-₴160
-₴2838
₴89
₴100
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
pensions
-
-
-
8 071
health
-
-
-
243
surtax
-
-
-
-
other
-
-
-
868
social contributions
-
-
-
797
income
-
-
-
1 231
total
-
-
-
11 210
Employee
21 204
-
21 337
-
social contributions
605
-
607
-
surtax
-
-
-
-
pensions
2 397
-
2 413
-
income
1 251
-
1 267
-
total
4 253
-
4 287
-
Employer
21 204
-
21 337
-
pensions
3 483
-
3 505
-
social contributions
64
-
64
-
other
731
-
736
-
unemployment
858
-
864
-
health
1 485
-
1 494
-
total
6 621
-
6 663
-
Corporate
175
28 000
-
-
income
49
7 840
-
-
surtax
-
-
-
-
total
49
7 840
-
-
Dividends
126
20 160
-
-
withholding
16
2 581
-
-
surtax
-
-
-
-
social contributions
22
3 467
-
-
total
38
6 048
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 961
13 888
10 950
11 210
After tax
17 039
14 112
17 050
16 790
Living cost
16 950
16 950
16 950
16 950
Free-cash
89
-2 838
100
-160

Estimated living cost  is ₴16950 per week

₴10688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1378
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.
₴4597
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
₴1519
-₴1159
₴1593
₴1779
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
pensions
-
-
-
8 071
health
-
-
-
243
surtax
-
-
-
-
other
-
-
-
868
social contributions
-
-
-
797
income
-
-
-
1 231
total
-
-
-
11 210
Employee
18 927
-
21 337
-
social contributions
540
-
607
-
surtax
-
-
-
-
pensions
2 141
-
2 413
-
income
976
-
1 267
-
total
3 657
-
4 287
-
Employer
18 927
-
21 337
-
pensions
3 110
-
3 505
-
social contributions
56
-
64
-
other
653
-
736
-
unemployment
766
-
864
-
health
1 325
-
1 494
-
total
5 910
-
6 663
-
Corporate
3 162
28 000
-
-
income
886
7 840
-
-
surtax
-
-
-
-
total
886
7 840
-
-
Dividends
2 276
20 160
-
-
withholding
291
2 581
-
-
surtax
-
-
-
-
social contributions
392
3 467
-
-
total
683
6 048
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 136
13 888
10 950
11 210
After tax
16 864
14 112
17 050
16 790
Living cost
15 271
15 271
15 271
15 271
Free-cash
1 593
-1 159
1 779
1 519

Estimated living cost  is ₴15271 per week

₴8856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4574
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
₴7476
₴6578
₴6835
₴6297
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
health
-
-
-
1 955
social contributions
-
-
-
3 864
income
-
-
-
4 200
total
-
-
-
10 019
Employee
16 798
-
28 000
-
social contributions
2 318
-
3 864
-
income
2 802
-
5 379
-
health
1 172
-
1 955
-
total
6 292
-
11 198
-
Employer
16 798
-
28 000
-
total
-
-
-
-
Corporate
11 202
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%.

560
1 400
-
-
total
560
1 400
-
-
Dividends
10 642
26 600
-
-
withholding
1 596
3 990
-
-
social contributions
1 469
3 670
-
-
health
743
1 857
-
-
total
3 808
9 517
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 660
10 917
11 198
10 019
After tax
17 340
17 083
16 802
17 981
Living cost
10 505
10 505
10 505
10 505
Free-cash
6 835
6 578
6 297
7 476

Estimated living cost  is ₴10505 per week

₴7031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
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
-₴1924
-₴1396
-₴4453
-₴6592
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
pensions
-
-
-
5 180
health
-
-
-
2 142
surtax
-
-
-
98
unemployment
-
-
-
3 039
income
-
-
-
1 896
chamber of commerce
-
-
-
112
total
-
-
-
12 467
Employee
24 759
19 744
21 667
-
pensions
2 536
2 021
2 219
-
other
247
197
216
-
unemployment
743
592
650
-
income
2 819
1 456
1 932
-
health
958
764
839
-
total
7 303
5 030
5 856
-
Employer
24 759
19 744
21 667
-
payroll
743
592
650
-
chamber of commerce
99
79
86
-
pensions
3 107
2 478
2 719
-
surtax
98
98
98
-
other
1 176
937
1 029
-
unemployment
743
592
650
-
accident
322
257
282
-
health
935
746
819
-
total
7 223
5 779
6 333
-
Corporate
1 880
2 476
19 787
-
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.

470
619
4 946
-
total
470
619
4 946
-
Dividends
-
1 858
-
-
withholding
-
511
-
-
total
-
511
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 996
11 939
17 135
12 467
After tax
13 004
16 061
10 865
15 533
Living cost
17 457
17 457
17 457
17 457
Free-cash
-4 453
-1 396
-6 592
-1 924

Estimated living cost  is ₴17457 per week

₴11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4038
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
-₴2945
-₴2282
-₴17753
-₴6015
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
-
-
-
3 205
communal

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

-
-
-
1 487
national
-
-
-
8 189
total
-
-
-
12 881
Employee

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

35 438
-
21 686
-
national
10 895
-
5 672
-
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.

2 658
-
1 627
-
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.

308
-
189
-
communal

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

1 848
-
1 131
-
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.

1 665
-
1 019
-
total
17 374
-
9 638
-
Employer

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

35 438
-
21 686
-
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.

3 140
-
1 922
-
surtax
4 018
-
2 459
-
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.

517
-
317
-
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.

461
-
282
-
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.

2 179
-
1 333
-
total
10 315
-
6 313
-
Corporate
-
28 000
-
-
income
-
5 600
-
-
surtax
-
112
-
-
total
-
5 712
-
-
Dividends
-
22 288
-
-
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
27 689
12 218
15 951
12 881
After tax
311
15 782
12 049
15 119
Living cost
18 064
18 064
18 064
18 064
Free-cash
-17 753
-2 282
-6 015
-2 945

Estimated living cost  is ₴18064 per week

₴11636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4566
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
-₴2447
₴1023
-₴4522
-₴2248
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
pensions
-
-
-
7 924
other
-
-
-
28
unemployment
-
-
-
196
accident
-
-
-
252
income
-
-
-
4 155
total
-
-
-
12 555
Employee
24 661
-
21 231
-
pensions
1 159
-
998
-
other
24
-
22
-
unemployment
383
-
329
-
income
5 203
-
4 240
-
total
6 769
-
5 589
-
Employer
24 661
-
21 231
-
pensions
5 820
-
5 010
-
other
196
-
169
-
unemployment
1 357
-
1 168
-
accident
488
-
420
-
total
7 861
-
6 767
-
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
14 630
9 085
12 356
12 555
After tax
13 370
18 915
15 644
15 445
Living cost
17 892
17 892
17 892
17 892
Free-cash
-4 522
1 023
-2 248
-2 447

Estimated living cost  is ₴17892 per week

₴13176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1269
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.
₴3189
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
-₴8367
-₴9325
-₴14002
-₴7803
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
pensions
-
-
-
4 480
health
-
-
-
2 100
surtax
-
-
-
1 482
accident
-
-
-
252
communal
-
-
-
-
income
-
-
-
1 129
total
-
-
-
9 443
Employee
37 519
-
25 011
-
surtax
2 300
-
1 532
-
pensions
3 001
-
2 001
-
income
3 624
-
1 244
-
health
1 670
-
1 113
-
total
10 595
-
5 890
-
Employer
37 519
-
25 011
-
pensions
3 001
-
2 001
-
accident
338
-
225
-
health
1 144
-
763
-
total
4 483
-
2 989
-
Corporate
-
28 000
-
-
communal
-
1 890
-
-
income
-
4 200
-
-
surtax
-
294
-
-
total
-
6 384
-
-
Dividends
-
21 616
-
-
withholding
-
3 243
-
-
income
-
774
-
-
total
-
4 017
-
-
Income
28 000
28 000
28 000
28 000
Total tax
15 078
10 401
8 879
9 443
After tax
12 922
17 599
19 121
18 557
Living cost
26 924
26 924
26 924
26 924
Free-cash
-14 002
-9 325
-7 803
-8 367

Estimated living cost  is ₴26924 per week

₴20197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4810
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
₴4736
₴6484
₴4909
₴4136
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
pensions
-
-
-
5 600
health
-
-
-
1 988
surtax
-
-
-
241
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
4 194
total
-
-
-
12 136
Employee
16 684
-
23 130
-
surtax
59
-
195
-
pensions
1 113
-
1 543
-
other
-
-
-
-
unemployment
1 161
-
1 610
-
income
2 797
-
3 930
-
health
426
-
589
-
total
5 556
-
7 867
-
Employer
16 684
-
23 130
-
pensions
2 224
-
3 083
-
other
-
-
-
-
unemployment
529
-
733
-
health
759
-
1 053
-
total
3 512
-
4 869
-
Corporate
7 803
28 000
-
-
income
2 029
7 280
-
-
total
2 029
7 280
-
-
Dividends
5 774
20 720
-
-
withholding
866
3 108
-
-
total
866
3 108
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 963
10 388
12 736
12 136
After tax
16 037
17 612
15 264
15 864
Living cost
11 128
11 128
11 128
11 128
Free-cash
4 909
6 484
4 136
4 736

Estimated living cost  is ₴11128 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
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.
₴3184
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
₴1811
₴1372
₴272
₴240
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
municipal
-
-
-
166
regional
-
-
-
423
social contributions
-
-
-
7 202
national
-
-
-
5 052
total
-
-
-
12 843
Employee
27 482
-
28 000
-
social contributions
9 267
-
9 441
-
municipal
146
-
149
-
regional
370
-
377
-
national
4 354
-
4 447
-
total
14 137
-
14 414
-
Employer
27 482
-
28 000
-
total
-
-
-
-
Corporate
518
28 000
-
-
nationa
124
6 720
-
-
municipal
25
1 391
-
-
total
149
8 111
-
-
Dividends
368
19 888
-
-
withholding
96
5 171
-
-
total
96
5 171
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 382
13 282
14 414
12 843
After tax
13 618
14 718
13 586
15 157
Living cost
13 346
13 346
13 346
13 346
Free-cash
272
1 372
240
1 811

Estimated living cost  is ₴13346 per week

₴8300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1352
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.
₴3465
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
-₴1531
₴4110
-₴1890
-₴959
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
health
-
-
-
3 780
social contributions
-
-
-
8 176
solidarity contribution
-
-
-
-
income
-
-
-
2 407
total
-
-
-
14 363
Employee
22 306
-
20 896
-
social contributions
1 450
-
1 358
-
income
2 677
-
2 507
-
solidarity contribution
-
-
-
-
health
3 011
-
2 821
-
total
7 138
-
6 686
-
Employer
22 306
-
20 896
-
social contributions
5 576
-
5 224
-
health
2 008
-
1 881
-
total
7 584
-
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
14 722
8 722
13 791
14 363
After tax
13 278
19 278
14 209
13 637
Living cost
15 168
15 168
15 168
15 168
Free-cash
-1 890
4 110
-959
-1 531

Estimated living cost  is ₴15168 per week

₴11280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴840
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.
₴2785
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
-₴175
₴309
-₴360
-₴4917
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
pensions
-
-
-
5 180
health
-
-
-
2 142
surtax
-
-
-
-
unemployment
-
-
-
3 039
income
-
-
-
1 896
chamber of commerce
-
-
-
112
total
-
-
-
12 369
Employee
21 657
19 744
21 741
-
pensions
2 218
2 021
2 226
-
other
216
197
217
-
unemployment
650
592
652
-
income
1 929
1 456
1 954
-
health
838
764
841
-
total
5 851
5 030
5 890
-
Employer
21 657
19 744
21 741
-
payroll
650
592
652
-
chamber of commerce
86
79
86
-
pensions
2 718
2 478
2 728
-
surtax
-
-
-
-
other
1 029
937
1 033
-
unemployment
650
592
652
-
accident
281
257
283
-
health
819
746
822
-
total
6 233
5 681
6 256
-
Corporate
1 880
2 574
19 862
-
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.

470
643
4 965
-
total
470
643
4 965
-
Dividends
-
1 931
-
-
withholding
-
531
-
-
total
-
531
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 554
11 885
17 111
12 369
After tax
15 446
16 115
10 889
15 631
Living cost
15 806
15 806
15 806
15 806
Free-cash
-360
309
-4 917
-175

Estimated living cost  is ₴15806 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
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.
₴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

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
₴21404
₴20284
₴19100
₴16084
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
7 895
-
28 000
-
income
1 579
-
5 600
-
total
1 579
-
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%.

20 105
28 000
-
-
total
-
-
-
-
Dividends
20 105
28 000
-
-
withholding
1 005
1 400
-
-
total
1 005
1 400
-
-
Income
28 000
28 000
28 000
28 000
Total tax
2 584
1 400
5 600
280
After tax
25 416
26 600
22 400
27 720
Living cost
6 316
6 316
6 316
6 316
Free-cash
19 100
20 284
16 084
21 404

Estimated living cost  is ₴6316 per week

₴4274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴2141
₴5989
₴1845
₴1319
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
pensions
-
-
-
5 114
health
-
-
-
2 756
unemployment
-
-
-
42
income
-
-
-
4 658
total
-
-
-
12 570
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.

21 908
-
24 228
-
pensions
3 396
-
3 755
-
unemployment
31
-
34
-
income
3 778
-
4 266
-
health
1 415
-
1 565
-
total
8 620
-
9 620
-
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.

21 908
-
24 228
-
pensions
1 939
-
2 145
-
unemployment
13
-
14
-
health
1 459
-
1 613
-
total
3 411
-
3 772
-
Corporate
2 681
28 000
-
-
income
510
5 320
-
-
total
510
5 320
-
-
Dividends
2 171
22 680
-
-
withholding
325
3 402
-
-
total
325
3 402
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 866
8 722
13 392
12 570
After tax
15 134
19 278
14 608
15 430
Living cost
13 289
13 289
13 289
13 289
Free-cash
1 845
5 989
1 319
2 141

Estimated living cost  is ₴13289 per week

₴9120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴852
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.
₴3060
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
-₴2281
-₴4596
-₴46746
-₴225
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
-
-
-
3 192
income
-
-
-
5 458
total
-
-
-
8 650
Employee
31 015
-
-
-
social contributions
2 543
-
362
-
income
6 841
-
-
-
total
9 384
-
362
-
Employer
31 015
-
-
-
social contributions
43 731
-
6 232
-
total
43 731
-
6 232
-
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
53 115
10 965
6 594
8 650
After tax
-25 115
17 035
21 406
19 350
Living cost
21 631
21 631
21 631
21 631
Free-cash
-46 746
-4 596
-225
-2 281

Estimated living cost  is ₴21631 per week

₴14035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2034
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.
₴5286
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
₴638
₴386
-₴199
-₴93
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
surtax
-
-
-
-
social contributions

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

-
-
-
9 730
income
-
-
-
2 092
total
-
-
-
11 822
Employee
22 786
-
22 626
-
social contributions
2 507
-
2 489
-
surtax
-
-
-
-
income
4 740
-
4 690
-
total
7 247
-
7 179
-
Employer
22 786
-
22 626
-
social contributions
5 412
-
5 374
-
total
5 412
-
5 374
-
Corporate
-
28 000
-
-
income
-
5 880
-
-
surtax
-
-
-
-
total
-
5 880
-
-
Dividends
-
22 120
-
-
withholding
-
6 194
-
-
total
-
6 194
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 659
12 074
12 553
11 822
After tax
15 341
15 926
15 447
16 178
Living cost
15 540
15 540
15 540
15 540
Free-cash
-199
386
-93
638

Estimated living cost  is ₴15540 per week

₴11627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴917
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.
₴2737
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
-₴7139
-₴9817
-₴12722
-₴6879
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
pensions
-
-
-
8 071
health
-
-
-
243
surtax
-
-
-
-
other
-
-
-
868
social contributions
-
-
-
797
income
-
-
-
1 231
total
-
-
-
11 210
Employee
31 030
-
21 337
-
social contributions
884
-
607
-
surtax
-
-
-
-
pensions
3 510
-
2 413
-
income
2 707
-
1 267
-
total
7 101
-
4 287
-
Employer
31 030
-
21 337
-
pensions
5 099
-
3 505
-
social contributions
93
-
64
-
other
1 071
-
736
-
unemployment
1 257
-
864
-
health
2 172
-
1 494
-
total
9 692
-
6 663
-
Corporate
-
28 000
-
-
income
-
7 840
-
-
surtax
-
-
-
-
total
-
7 840
-
-
Dividends
-
20 160
-
-
withholding
-
2 581
-
-
surtax
-
-
-
-
social contributions
-
3 467
-
-
total
-
6 048
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 793
13 888
10 950
11 210
After tax
11 207
14 112
17 050
16 790
Living cost
23 929
23 929
23 929
23 929
Free-cash
-12 722
-9 817
-6 879
-7 139

Estimated living cost  is ₴23929 per week

₴16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴5448
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
₴6948
₴10308
₴8644
₴7769
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
-
-
-
6 160
income
-
-
-
-
total
-
-
-
6 160
Employee
15 928
-
24 242
-
social contributions
1 035
-
1 576
-
income
-
-
5
-
total
1 035
-
1 581
-
Employer
15 928
-
24 242
-
social contributions
2 469
-
3 758
-
total
2 469
-
3 758
-
Corporate
9 604
28 000
-
-
income
960
2 800
-
-
total
960
2 800
-
-
Dividends
8 644
25 200
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
4 464
2 800
5 339
6 160
After tax
23 536
25 200
22 661
21 840
Living cost
14 892
14 892
14 892
14 892
Free-cash
8 644
10 308
7 769
6 948

Estimated living cost  is ₴14892 per week

₴9629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3860
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
-₴5629
-₴79812
-₴79812
-₴79812
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
municipal
-
-
-
4 521
pensions
-
-
-
429
labour market
-
-
-
2 206
national
-
-
-
2 642
total
-
-
-
9 798
Employee
100 586
100 586
100 586
-
municipal
21 419
21 419
21 419
-
national
12 288
12 288
12 288
-
pensions
143
143
143
-
labour market
8 035
8 035
8 035
-
total
41 885
41 885
41 885
-
Employer
100 586
100 586
100 586
-
labour market
8 047
8 047
8 047
-
pensions
286
286
286
-
municipal
21 453
21 453
21 453
-
national
12 310
12 310
12 310
-
total
42 096
42 096
42 096
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
83 981
83 981
83 981
9 798
After tax
-55 981
-55 981
-55 981
18 202
Living cost
23 831
23 831
23 831
23 831
Free-cash
-79 812
-79 812
-79 812
-5 629

Estimated living cost  is ₴23831 per week

₴16310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴366
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.
₴5046
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
₴8456
-₴8636
₴596
₴3883
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
pensions
-
-
-
2 093
health
-
-
-
1 097
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
5 137
total
-
-
-
8 640
Employee
17 153
-
23 260
-
pensions
1 932
-
2 619
-
income
2 353
-
3 191
-
health
1 964
-
2 663
-
total
6 249
-
8 473
-
Employer
17 153
-
23 260
-
pensions
2 789
-
3 782
-
unemployment
420
-
570
-
accident
286
-
388
-
total
3 495
-
4 740
-
Corporate
7 352
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.

6 616
25 200
-
-
total
6 616
25 200
-
-
Dividends
735
2 800
-
-
withholding
140
532
-
-
total
140
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 500
25 732
13 213
8 640
After tax
11 500
2 268
14 787
19 360
Living cost
10 904
10 904
10 904
10 904
Free-cash
596
-8 636
3 883
8 456

Estimated living cost  is ₴10904 per week

₴7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2141
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
₴2748
₴340
-₴2983
-₴1722
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
municipal
-
-
-
5 000
health
-
-
-
225
national
-
-
-
1 006
total
-
-
-
6 231
Employee
26 066
-
23 555
-
municipal
4 269
-
3 862
-
national
431
-
294
-
pensions
1 759
-
1 590
-
unemployment
391
-
354
-
health
195
-
156
-
total
7 045
-
6 256
-
Employer
26 066
-
23 555
-
pensions
4 522
-
4 087
-
unemployment
169
-
153
-
accident
26
-
24
-
health
200
-
181
-
total
4 917
-
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
-
15
-
-
total
-
3 039
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 962
8 639
10 701
6 231
After tax
16 038
19 361
17 299
21 769
Living cost
19 021
19 021
19 021
19 021
Free-cash
-2 983
340
-1 722
2 748

Estimated living cost  is ₴19021 per week

₴12424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴4465
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
₴10530
₴5325
₴6453
₴7501
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
health
-
-
-
714
social contributions
-
-
-
4 368
income
-
-
-
917
total
-
-
-
5 999
Employee
38 096
38 096
38 096
-
social contributions
1 440
3 162
2 110
-
income
4 148
3 527
3 906
-
health
295
648
432
-
total
5 883
7 337
6 448
-
Employer
38 096
38 096
38 096
-
social contributions
1 440
3 162
2 110
-
health
321
705
470
-
total
1 761
3 867
2 580
-
Corporate
8 885
-
-
-
income
1 110
-
-
-
total
1 110
-
-
-
Dividends
7 775
-
-
-
withholding
1 322
-
-
-
total
1 322
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 076
11 204
9 028
5 999
After tax
17 924
16 796
18 972
22 001
Living cost
11 471
11 471
11 471
11 471
Free-cash
6 453
5 325
7 501
10 530

Estimated living cost  is ₴11471 per week

₴6875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3217
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
₴12816
₴15321
₴12802
₴9479
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
pensions
-
-
-
3 151
health
-
-
-
1 793
unemployment
-
-
-
14
income
-
-
-
2 360
total
-
-
-
7 318
Employee

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

11 372
-
25 385
-
pensions
1 705
-
3 808
-
unemployment
56
-
127
-
income
778
-
1 947
-
health
966
-
2 158
-
total
3 505
-
8 040
-
Employer

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

11 372
-
25 385
-
pensions
625
-
1 396
-
unemployment
56
-
127
-
health
489
-
1 092
-
total
1 170
-
2 615
-
Corporate
15 458
28 000
-
-
income
1 391
2 520
-
-
total
1 391
2 520
-
-
Dividends
14 066
25 480
-
-
withholding
1 266
2 293
-
-
total
1 266
2 293
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 332
4 813
10 655
7 318
After tax
20 668
23 187
17 345
20 682
Living cost
7 866
7 866
7 866
7 866
Free-cash
12 802
15 321
9 479
12 816

Estimated living cost  is ₴7866 per week

₴5019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴567
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.
₴2046
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
₴1821
₴5291
₴2643
₴2020
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
pensions
-
-
-
7 924
other
-
-
-
28
unemployment
-
-
-
196
accident
-
-
-
252
income
-
-
-
4 155
total
-
-
-
12 555
Employee
18 319
-
21 231
-
pensions
861
-
998
-
other
18
-
22
-
unemployment
284
-
329
-
income
3 532
-
4 240
-
total
4 695
-
5 589
-
Employer
18 319
-
21 231
-
pensions
4 323
-
5 010
-
other
147
-
169
-
unemployment
1 008
-
1 168
-
accident
363
-
420
-
total
5 841
-
6 767
-
Corporate
3 841
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.

576
4 200
-
-
total
576
4 200
-
-
Dividends
3 264
23 800
-
-
withholding
621
4 885
-
-
total
621
4 885
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 733
9 085
12 356
12 555
After tax
16 267
18 915
15 644
15 445
Living cost
13 624
13 624
13 624
13 624
Free-cash
2 643
5 291
2 020
1 821

Estimated living cost  is ₴13624 per week

₴9196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2880
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
₴16668
₴16507
₴16348
₴16601
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
pensions
-
-
-
704
health
-
-
-
511
income
-
-
-
9 152
total
-
-
-
10 367
Employee
1 470
-
27 208
-
pensions
132
-
317
-
unemployment
15
-
35
-
income
284
-
9 115
-
health
74
-
176
-
total
505
-
9 643
-
Employer
1 470
-
27 208
-
pensions
162
-
387
-
unemployment
29
-
70
-
health
140
-
334
-
total
331
-
791
-
Corporate
26 199
28 000
-
-
income
5 764
6 160
-
-
total
5 764
6 160
-
-
Dividends
20 435
21 840
-
-
withholding
4 087
4 368
-
-
total
4 087
4 368
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 687
10 528
10 434
10 367
After tax
17 313
17 472
17 566
17 633
Living cost
965
965
965
965
Free-cash
16 348
16 507
16 601
16 668

Estimated living cost  is ₴965 per week

₴574
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.
₴291
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
₴5305
₴11667
₴9231
₴6510
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
pensions
-
-
-
7 280
health
-
-
-
2 884
unemployment
-
-
-
420
income
-
-
-
3 548
total
-
-
-
14 132
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.

12 912
-
23 749
-
pensions
1 808
-
3 325
-
unemployment
97
-
178
-
income
1 780
-
3 950
-
health
665
-
1 223
-
total
4 350
-
8 676
-
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.

12 912
-
23 749
-
pensions
1 549
-
2 850
-
unemployment
97
-
178
-
health
665
-
1 223
-
total
2 311
-
4 251
-
Corporate
12 776
28 000
-
-
income
1 916
4 200
-
-
total
1 916
4 200
-
-
Dividends
10 860
23 800
-
-
withholding
1 629
3 570
-
-
total
1 629
3 570
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 206
7 770
12 927
14 132
After tax
17 794
20 230
15 073
13 868
Living cost
8 563
8 563
8 563
8 563
Free-cash
9 231
11 667
6 510
5 305

Estimated living cost  is ₴8563 per week

₴5765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴2822
₴2570
₴2393
₴2091
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
surtax
-
-
-
-
social contributions

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

-
-
-
9 730
income
-
-
-
2 092
total
-
-
-
11 822
Employee
19 229
-
22 626
-
social contributions
2 115
-
2 489
-
surtax
-
-
-
-
income
3 757
-
4 690
-
total
5 872
-
7 179
-
Employer
19 229
-
22 626
-
social contributions
4 566
-
5 374
-
total
4 566
-
5 374
-
Corporate
4 205
28 000
-
-
income
883
5 880
-
-
surtax
-
-
-
-
total
883
5 880
-
-
Dividends
3 322
22 120
-
-
withholding
930
6 194
-
-
total
930
6 194
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 251
12 074
12 553
11 822
After tax
15 749
15 926
15 447
16 178
Living cost
13 356
13 356
13 356
13 356
Free-cash
2 393
2 570
2 091
2 822

Estimated living cost  is ₴13356 per week

₴9460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2732
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
-₴1967
₴1503
-₴3556
-₴1768
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
pensions
-
-
-
7 924
other
-
-
-
28
unemployment
-
-
-
196
accident
-
-
-
252
income
-
-
-
4 155
total
-
-
-
12 555
Employee
23 927
-
21 231
-
pensions
1 124
-
998
-
other
24
-
22
-
unemployment
370
-
329
-
income
4 997
-
4 240
-
total
6 515
-
5 589
-
Employer
23 927
-
21 231
-
pensions
5 647
-
5 010
-
other
192
-
169
-
unemployment
1 316
-
1 168
-
accident
474
-
420
-
total
7 629
-
6 767
-
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
14 144
9 085
12 356
12 555
After tax
13 856
18 915
15 644
15 445
Living cost
17 412
17 412
17 412
17 412
Free-cash
-3 556
1 503
-1 768
-1 967

Estimated living cost  is ₴17412 per week

₴12504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1354
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.
₴3308
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
₴10664
₴15422
₴12404
₴11123
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
pensions

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

-
-
-
2 560
health
-
-
-
1 989
unemployment
-
-
-
69
income
-
-
-
4 200
total
-
-
-
8 818
Employee
11 279
-
24 607
-
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.

990
-
1 519
-
income
1 128
-
2 461
-
health
519
-
796
-
total
2 761
-
4 966
-
Employer
11 279
-
24 607
-
pensions

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

1 243
-
1 906
-
unemployment
68
-
104
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
health
778
-
1 193
-
total
2 213
-
3 393
-
Corporate
14 508
28 000
-
-
income
1 451
2 800
-
-
total
1 451
2 800
-
-
Dividends
13 057
25 200
-
-
withholding
653
1 260
-
-
total
653
1 260
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 078
4 060
8 359
8 818
After tax
20 922
23 940
19 641
19 182
Living cost
8 518
8 518
8 518
8 518
Free-cash
12 404
15 422
11 123
10 664

Estimated living cost  is ₴8518 per week

₴5634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴488
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.
₴2194
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
₴1633
-₴4620
₴1862
₴2346
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
trade
-
-
-
713
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.

-
-
-
3 385
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.

-
-
-
164
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.

-
-
-
2 978
total
-
-
-
7 240
Employee

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

24 651
-
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.

112
-
164
-
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.

2 027
-
2 978
-
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.

3 385
-
3 385
-
total
5 524
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 349
28 000
-
-
trade
480
4 018
-
-
income
502
4 200
-
-
chamber of commerce
80
117
-
-
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.

27
231
-
-
total
1 089
8 566
-
-
Dividends
2 260
19 434
-
-
withholding
377
4 670
-
-
surtax

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

21
257
-
-
total
398
4 927
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 011
13 493
6 527
7 240
After tax
20 989
14 507
21 473
20 760
Living cost
19 127
19 127
19 127
19 127
Free-cash
1 862
-4 620
2 346
1 633

Estimated living cost  is ₴19127 per week

₴13194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴3597
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
-₴6306
-₴8622
-₴10755
-₴6306
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
-
-
-
2 036
income
-
-
-
4 048
total
-
-
-
6 084
Employee
38 754
-
28 000
-
social contributions
3 220
-
2 036
-
income
7 313
-
4 048
-
total
10 533
-
6 084
-
Employer
38 754
-
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
10 533
8 400
6 084
6 084
After tax
17 467
19 600
21 916
21 916
Living cost
28 222
28 222
28 222
28 222
Free-cash
-10 755
-8 622
-6 306
-6 306

Estimated living cost  is ₴28222 per week

₴21471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4182
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
-₴7129
-₴2401
₴469
₴2244
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
health

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

-
-
-
3 042
income
-
-
-
14 103
total
-
-
-
17 145
Employee
22 727
-
25 721
-
social contributions
2 277
-
2 279
-
income
2 466
-
3 214
-
total
4 743
-
5 493
-
Employer
22 727
-
25 721
-
social contributions
2 277
-
2 279
-
total
2 277
-
2 279
-
Corporate
2 995
28 000
-
-
income
1 048
9 800
-
-
total
1 048
9 800
-
-
Dividends
1 947
18 200
-
-
social contributions
1 479
2 617
-
-
total
1 479
2 617
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 547
12 417
7 772
17 145
After tax
18 453
15 583
20 228
10 855
Living cost
17 984
17 984
17 984
17 984
Free-cash
469
-2 401
2 244
-7 129

Estimated living cost  is ₴17984 per week

₴11846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1418
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.
₴4444
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
₴2844
₴2785
₴21
₴17
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
pensions
-
-
-
1 702
income
-
-
-
5 260
total
-
-
-
6 962
Employee
24 973
-
24 999
-
pensions
1 906
-
1 909
-
income
4 548
-
4 553
-
health
326
-
326
-
total
6 780
-
6 788
-
Employer
24 973
-
24 999
-
pensions
2 523
-
2 526
-
health
475
-
475
-
total
2 998
-
3 001
-
Corporate
29
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
5 320
-
-
total
5
5 320
-
-
Dividends
23
22 680
-
-
withholding
2
1 701
-
-
total
2
1 701
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 785
7 021
9 789
6 962
After tax
18 215
20 979
18 211
21 038
Living cost
18 194
18 194
18 194
18 194
Free-cash
21
2 785
17
2 844

Estimated living cost  is ₴18194 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1673
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.
₴3811
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
₴7376
-₴9716
₴429
₴2803
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
pensions
-
-
-
2 093
health
-
-
-
1 097
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
5 137
total
-
-
-
8 640
Employee
18 851
-
23 260
-
pensions
2 123
-
2 619
-
income
2 586
-
3 191
-
health
2 158
-
2 663
-
total
6 867
-
8 473
-
Employer
18 851
-
23 260
-
pensions
3 065
-
3 782
-
unemployment
462
-
570
-
accident
315
-
388
-
total
3 842
-
4 740
-
Corporate
5 308
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.

4 777
25 200
-
-
total
4 777
25 200
-
-
Dividends
531
2 800
-
-
withholding
101
532
-
-
total
101
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
15 587
25 732
13 213
8 640
After tax
12 413
2 268
14 787
19 360
Living cost
11 984
11 984
11 984
11 984
Free-cash
429
-9 716
2 803
7 376

Estimated living cost  is ₴11984 per week

₴8795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2249
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
₴9891
₴17112
₴14705
₴9891
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
pensions
-
-
-
5 152
health insurance
-
-
-
2 072
work injury
-
-
-
140
unemployment
-
-
-
336
income
-
-
-
3 721
total
-
-
-
11 421
Employee

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

10 701
-
28 000
-
pensions
1 969
-
5 152
-
health insurance
792
-
2 072
-
unemployment
128
-
336
-
income
1 070
-
3 721
-
work injury
53
-
140
-
total
4 012
-
11 421
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 299
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
17 299
28 000
-
-
withholding
2 595
4 200
-
-
total
2 595
4 200
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 607
4 200
11 421
11 421
After tax
21 393
23 800
16 579
16 579
Living cost
6 688
6 688
6 688
6 688
Free-cash
14 705
17 112
9 891
9 891

Estimated living cost  is ₴6688 per week

₴4143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
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.
₴1850
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
-₴4604
-₴4988
-₴13748
-₴6157
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
municipal
-
-
-
187
regional
-
-
-
426
social contributions
-
-
-
7 202
national
-
-
-
5 052
total
-
-
-
12 867
Employee
41 748
-
28 000
-
social contributions
14 077
-
9 441
-
municipal
249
-
167
-
regional
630
-
365
-
national
7 055
-
4 447
-
total
22 011
-
14 420
-
Employer
41 748
-
28 000
-
total
-
-
-
-
Corporate
-
28 000
-
-
nationa
-
6 720
-
-
municipal
-
1 349
-
-
total
-
8 069
-
-
Dividends
-
19 930
-
-
withholding
-
5 182
-
-
total
-
5 182
-
-
Income
28 000
28 000
28 000
28 000
Total tax
22 011
13 251
14 420
12 867
After tax
5 989
14 749
13 580
15 133
Living cost
19 737
19 737
19 737
19 737
Free-cash
-13 748
-4 988
-6 157
-4 604

Estimated living cost  is ₴19737 per week

₴13864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4217
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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