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
₴6478
-₴776
₴5694
₴4701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
trade
-
-
-
784
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.

-
-
-
2 981
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.

-
-
-
3 382
total
-
-
-
7 311
Employee

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

18 935
-
28 000
-
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.

3 382
-
3 382
-
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
-
2 981
-
total
3 940
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 065
28 000
-
-
chamber of commerce
88
116
-
-
trade
1 428
4 410
-
-
surtax

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

75
231
-
-
income
1 359
4 200
-
-
total
2 950
8 957
-
-
Dividends
6 114
19 043
-
-
withholding
1 341
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
252
-
-
total
1 414
4 824
-
-
Income
28 000
28 000
28 000
28 000
Total tax
8 304
13 781
6 527
7 311
After tax
19 696
14 219
21 473
20 689
Living cost
14 995
14 995
14 995
14 995
Free-cash
4 701
-776
6 478
5 694

Estimated living cost  is ₴14995 per week

₴9432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1748
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.
₴3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8509
-₴8927
-₴8730
-₴16638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 616
social contributions
-
-
-
301
national
-
-
-
4 054
pensions
-
-
-
3 360
total
-
-
-
10 331
Employee
40 923
-
24 206
-
pensions
1 637
-
968
-
national
7 833
-
4 222
-
municipal
5 055
-
2 724
-
total
14 525
-
7 914
-
Employer
40 923
-
24 206
-
pensions
3 274
-
1 936
-
social contributions
440
-
260
-
total
3 714
-
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
18 239
10 528
10 110
10 331
After tax
9 761
17 472
17 890
17 669
Living cost
26 399
26 399
26 399
26 399
Free-cash
-16 638
-8 927
-8 509
-8 730

Estimated living cost  is ₴26399 per week

₴17943
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.
₴395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5727
₴12100
₴11941
₴8039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
4 200
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.

-
-
-
1 559
income
-
-
-
-
total
-
-
-
5 759
Employee
14 466
-
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.

1 591
-
2 482
-
surtax
-
-
-
-
income
2 575
-
4 055
-
total
4 166
-
6 537
-
Employer
14 466
-
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.

3 485
-
5 436
-
total
3 485
-
5 436
-
Corporate
10 049
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%.

2 010
5 600
-
-
total
2 010
5 600
-
-
Dividends

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

8 040
22 400
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 661
5 600
11 973
5 759
After tax
18 339
22 400
16 027
22 241
Living cost
10 300
10 300
10 300
10 300
Free-cash
8 039
12 100
5 727
11 941

Estimated living cost  is ₴10300 per week

₴6571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴981
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.
₴2514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴21161
-₴18381
-₴4725
-₴21161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
2 648
pensions
-
-
-
5 040
health
-
-
-
4 298
total
-
-
-
11 986
Employee
42 277
42 277
42 277
-
health
6 489
5 519
6 489
-
pensions
7 610
5 800
7 610
-
income

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

6 920
6 920
6 920
-
total
21 019
18 239
21 019
-
Employer
42 277
42 277
42 277
-
unemployment
1 522
1 522
1 522
-
health
2 939
2 939
2 939
-
pensions
2 942
2 942
2 942
-
total
7 403
7 403
7 403
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
28 422
25 642
28 422
11 986
After tax
-422
2 358
-422
16 014
Living cost
20 739
20 739
20 739
20 739
Free-cash
-21 161
-18 381
-21 161
-4 725

Estimated living cost  is ₴20739 per week

₴14697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1870
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.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5049
-₴4714
-₴6045
-₴9456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
3 254
unemployment
-
-
-
28
national
-
-
-
-
pensions
-
-
-
3 027
accident
-
-
-
56
health
-
-
-
1 747
total
-
-
-
14 043
Employee
28 501
-
21 306
-
national
-
-
-
-
municipal
8 499
-
6 353
-
total
8 499
-
6 353
-
Employer
28 501
-
21 306
-
unemployment
752
-
562
-
accident
57
-
43
-
health
1 753
-
1 310
-
pensions
3 081
-
2 303
-
other
3 312
-
2 476
-
total
8 955
-
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
17 454
12 712
13 047
14 043
After tax
10 546
15 288
14 953
13 957
Living cost
20 002
20 002
20 002
20 002
Free-cash
-9 456
-4 714
-5 049
-6 045

Estimated living cost  is ₴20002 per week

₴13256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2025
-₴5373
₴1206
₴1586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
trade
-
-
-
819
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.

-
-
-
2 981
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.

-
-
-
3 382
total
-
-
-
7 346
Employee

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

25 106
-
28 000
-
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.

3 382
-
3 382
-
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.

2 157
-
2 981
-
total
5 657
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 894
28 000
-
-
chamber of commerce
79
115
-
-
trade
476
4 606
-
-
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.

23
231
-
-
income
434
4 200
-
-
total
1 012
9 152
-
-
Dividends
1 881
18 848
-
-
withholding
282
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
297
4 773
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 966
13 925
6 527
7 346
After tax
21 034
14 075
21 473
20 654
Living cost
19 448
19 448
19 448
19 448
Free-cash
1 586
-5 373
2 025
1 206

Estimated living cost  is ₴19448 per week

₴13007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2916
₴748
₴5940
₴2507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 368
income
-
-
-
920
health
-
-
-
714
total
-
-
-
6 002
Employee
38 068
38 068
38 068
-
health
379
647
432
-
social contributions
1 850
3 159
2 110
-
income
3 998
3 524
3 903
-
total
6 227
7 330
6 445
-
Employer
38 068
38 068
38 068
-
health
412
705
471
-
social contributions
1 850
3 159
2 110
-
total
2 262
3 864
2 581
-
Corporate
3 454
-
-
-
income
432
-
-
-
total
432
-
-
-
Dividends
3 022
-
-
-
withholding
514
-
-
-
total
514
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 435
11 194
9 026
6 002
After tax
18 565
16 806
18 974
21 998
Living cost
16 058
16 058
16 058
16 058
Free-cash
2 507
748
2 916
5 940

Estimated living cost  is ₴16058 per week

₴10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1254
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.
₴3557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7368
₴6986
₴10532
₴7170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
420
income
-
-
-
3 423
pensions
-
-
-
2 800
health
-
-
-
1 960
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.

12 797
5 093
23 431
-
health
896
357
1 640
-
pensions
1 280
509
2 343
-
unemployment
192
76
351
-
income
1 564
623
2 864
-
total
3 932
1 565
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.

12 797
5 093
23 431
-
pensions
2 495
993
4 569
-
total
2 495
993
4 569
-
Corporate
12 707
21 914
-
-
income
1 144
1 972
-
-
total
1 144
1 972
-
-
Dividends
11 564
19 942
-
-
withholding
2 197
3 789
-
-
social contributions
2 197
3 830
-
-
total
4 394
7 619
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 965
12 149
11 767
8 603
After tax
16 035
15 851
16 233
19 397
Living cost
8 865
8 865
8 865
8 865
Free-cash
7 170
6 986
7 368
10 532

Estimated living cost  is ₴8865 per week

₴6050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴4571
₴10442
₴3596
₴7367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
3 206
pensions
-
-
-
5 600
health
-
-
-
3 640
total
-
-
-
12 446
Employee
14 044
-
20 927
-
unemployment
225
-
334
-
pensions
281
-
418
-
income
1 581
-
3 646
-
total
2 087
-
4 398
-
Employer
14 044
-
20 927
-
unemployment
113
-
167
-
health
1 825
-
2 721
-
pensions
2 809
-
4 185
-
total
4 747
-
7 073
-
Corporate
9 208
28 000
-
-
income
1 841
5 600
-
-
total
1 841
5 600
-
-
Dividends
7 367
22 400
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
8 675
5 600
11 471
12 446
After tax
19 325
22 400
16 529
15 554
Living cost
11 958
11 958
11 958
11 958
Free-cash
7 367
10 442
4 571
3 596

Estimated living cost  is ₴11958 per week

₴8202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴712
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.
₴2803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3731
-₴8788
₴8303
₴573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
other
-
-
-
186
income
-
-
-
5 141
pensions
-
-
-
2 091
accident
-
-
-
127
health
-
-
-
1 096
total
-
-
-
8 641
Employee
17 391
-
23 260
-
health
1 991
-
2 663
-
pensions
1 958
-
2 619
-
income
2 386
-
3 191
-
total
6 335
-
8 473
-
Employer
17 391
-
23 260
-
unemployment
426
-
570
-
accident
290
-
388
-
pensions
2 828
-
3 782
-
total
3 544
-
4 740
-
Corporate
7 065
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.

6 358
25 200
-
-
total
6 358
25 200
-
-
Dividends
707
2 800
-
-
withholding
134
532
-
-
total
134
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 371
25 732
13 213
8 641
After tax
11 629
2 268
14 787
19 359
Living cost
11 056
11 056
11 056
11 056
Free-cash
573
-8 788
3 731
8 303

Estimated living cost  is ₴11056 per week

₴8103
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.
₴2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴18390
₴22590
₴23710
₴21839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 012
-
28 000
-
income
1 002
-
5 600
-
total
1 002
-
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%.

22 988
28 000
-
-
total
-
-
-
-
Dividends
22 988
28 000
-
-
withholding
1 149
1 400
-
-
total
1 149
1 400
-
-
Income
28 000
28 000
28 000
28 000
Total tax
2 151
1 400
5 600
280
After tax
25 849
26 600
22 400
27 720
Living cost
4 010
4 010
4 010
4 010
Free-cash
21 839
22 590
18 390
23 710

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3219
₴7380
₴1970
₴4037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
other
-
-
-
1 330
income
-
-
-
3 556
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
total
-
-
-
12 838
Employee
17 975
-
22 364
-
health
252
-
313
-
pensions

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

1 258
-
1 565
-
unemployment
179
-
224
-
income
3 095
-
3 850
-
total
4 784
-
5 952
-
Employer
17 975
-
22 364
-
unemployment
179
-
224
-
accident
144
-
179
-
health
252
-
313
-
pensions

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

3 056
-
3 802
-
other
899
-
1 119
-
total
4 530
-
5 637
-
Corporate
5 494
28 000
-
-
income
1 154
5 880
-
-
total
1 154
5 880
-
-
Dividends
4 341
22 120
-
-
withholding
303
1 548
-
-
total
303
1 548
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 771
7 428
11 589
12 838
After tax
17 229
20 572
16 411
15 162
Living cost
13 192
13 192
13 192
13 192
Free-cash
4 037
7 380
3 219
1 970

Estimated living cost  is ₴13192 per week

₴9321
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.
₴2768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15096
-₴12356
-₴12285
-₴25629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
5 263
pensions
-
-
-
1 687
total
-
-
-
6 950
Employee
47 165
-
25 013
-
health
777
-
323
-
pensions
4 550
-
1 891
-
income
8 502
-
4 560
-
total
13 829
-
6 774
-
Employer
47 165
-
25 013
-
health
896
-
475
-
pensions
5 569
-
2 512
-
total
6 465
-
2 987
-
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
20 294
7 021
9 761
6 950
After tax
7 706
20 979
18 239
21 050
Living cost
33 335
33 335
33 335
33 335
Free-cash
-25 629
-12 356
-15 096
-12 285

Estimated living cost  is ₴33335 per week

₴24979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴13147
₴17446
₴12687
₴15146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
69
income
-
-
-
4 200
pensions

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

-
-
-
2 560
health
-
-
-
1 990
total
-
-
-
8 819
Employee
8 599
-
24 606
-
health
395
-
796
-
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
-
2 460
-
total
2 105
-
4 965
-
Employer
8 599
-
24 606
-
unemployment
51
-
104
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
health
593
-
1 194
-
pensions

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

948
-
1 906
-
total
1 687
-
3 394
-
Corporate
17 714
28 000
-
-
income
1 771
2 800
-
-
total
1 771
2 800
-
-
Dividends
15 943
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
8 819
After tax
21 640
23 940
19 641
19 181
Living cost
6 494
6 494
6 494
6 494
Free-cash
15 146
17 446
13 147
12 687

Estimated living cost  is ₴6494 per week

₴3791
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.
₴2067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴27874
-₴25094
-₴11438
-₴25935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
2 648
pensions
-
-
-
5 040
health
-
-
-
4 298
total
-
-
-
11 986
Employee
45 899
42 277
42 277
-
health
5 726
5 519
6 489
-
pensions
5 800
5 800
7 610
-
income

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

6 920
6 920
6 920
-
total
18 446
18 239
21 019
-
Employer
45 899
42 277
42 277
-
unemployment
1 653
1 522
1 522
-
health
3 190
2 939
2 939
-
pensions
3 194
2 942
2 942
-
total
8 037
7 403
7 403
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
26 483
25 642
28 422
11 986
After tax
1 517
2 358
-422
16 014
Living cost
27 452
27 452
27 452
27 452
Free-cash
-25 935
-25 094
-27 874
-11 438

Estimated living cost  is ₴27452 per week

₴20251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2452
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.
₴4435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2112
₴7181
₴1540
₴2865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 176
income
-
-
-
2 407
health
-
-
-
3 780
total
-
-
-
14 363
Employee
17 790
-
20 895
-
health
2 402
-
2 821
-
social contributions
1 156
-
1 358
-
solidarity contribution
-
-
-
-
income
2 135
-
2 507
-
total
5 693
-
6 686
-
Employer
17 790
-
20 895
-
health
1 601
-
1 881
-
social contributions
4 447
-
5 224
-
total
6 048
-
7 105
-
Corporate
4 162
28 000
-
-
income
791
5 320
-
-
total
791
5 320
-
-
Dividends
3 371
22 680
-
-
withholding
506
3 402
-
-
total
506
3 402
-
-
Income
28 000
28 000
28 000
28 000
Total tax
13 038
8 722
13 791
14 363
After tax
14 962
19 278
14 209
13 637
Living cost
12 097
12 097
12 097
12 097
Free-cash
2 865
7 181
2 112
1 540

Estimated living cost  is ₴12097 per week

₴8403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7171
-₴5951
-₴5588
-₴15998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 201
national
-
-
-
5 052
regional
-
-
-
279
total
-
-
-
12 698
Employee
43 999
-
28 000
-
social contributions
14 836
-
9 442
-
national
7 624
-
4 447
-
regional
415
-
244
-
municipal
233
-
148
-
total
23 108
-
14 281
-
Employer
43 999
-
28 000
-
total
-
-
-
-
Corporate
-
28 000
-
-
municipal
-
1 092
-
-
nationa
-
6 720
-
-
total
-
7 812
-
-
Dividends
-
20 188
-
-
withholding
-
5 249
-
-
total
-
5 249
-
-
Income
28 000
28 000
28 000
28 000
Total tax
23 108
13 061
14 281
12 698
After tax
4 892
14 939
13 719
15 302
Living cost
20 890
20 890
20 890
20 890
Free-cash
-15 998
-5 951
-7 171
-5 588

Estimated living cost  is ₴20890 per week

₴14562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4338
₴6688
₴4938
₴5147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
241
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
4 196
pensions
-
-
-
5 600
health
-
-
-
1 988
total
-
-
-
12 138
Employee
16 372
-
23 131
-
health
418
-
589
-
pensions
1 092
-
1 543
-
unemployment
1 140
-
1 610
-
surtax
54
-
195
-
other
-
-
-
-
income
2 744
-
3 932
-
total
5 448
-
7 869
-
Employer
16 372
-
23 131
-
unemployment
519
-
733
-
health
745
-
1 053
-
pensions
2 182
-
3 083
-
other
-
-
-
-
total
3 446
-
4 869
-
Corporate
8 182
28 000
-
-
income
2 127
7 280
-
-
total
2 127
7 280
-
-
Dividends
6 055
20 720
-
-
withholding
908
3 108
-
-
total
908
3 108
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 929
10 388
12 738
12 138
After tax
16 071
17 612
15 262
15 862
Living cost
10 924
10 924
10 924
10 924
Free-cash
5 147
6 688
4 338
4 938

Estimated living cost  is ₴10924 per week

₴6680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1008
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.
₴2985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4535
-₴1795
-₴1724
-₴7631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
5 263
pensions
-
-
-
1 687
total
-
-
-
6 950
Employee
31 608
-
25 013
-
health
459
-
323
-
pensions
2 683
-
1 891
-
income
5 693
-
4 560
-
total
8 835
-
6 774
-
Employer
31 608
-
25 013
-
health
600
-
475
-
pensions
3 422
-
2 512
-
total
4 022
-
2 987
-
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
12 857
7 021
9 761
6 950
After tax
15 143
20 979
18 239
21 050
Living cost
22 774
22 774
22 774
22 774
Free-cash
-7 631
-1 795
-4 535
-1 724

Estimated living cost  is ₴22774 per week

₴17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴16804
-₴26351
-₴15379
-₴22188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
295
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
-
-
-
78
pensions
-
-
-
2 576
regional
-
-
-
587
health
-
-
-
128
total
-
-
-
4 224
Employee
45 822
-
25 062
-
health
104
-
56
-
pensions
3 850
-
2 105
-
unemployment
-
-
-
-
city
492
-
270
-
national
217
-
62
-
regional
1 500
-
494
-
total
6 163
-
2 987
-
Employer
45 822
-
25 062
-
unemployment
-
-
-
-
health
104
-
56
-
pensions
3 850
-
2 105
-
other

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

916
-
501
-
total
4 870
-
2 662
-
Corporate
-
28 000
-
-
regional
-
5 922
-
-
national
-
2 380
-
-
total
-
8 302
-
-
Dividends
-
19 697
-
-
withholding
-
6 894
-
-
total
-
6 894
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 033
15 196
5 649
4 224
After tax
16 967
12 804
22 351
23 776
Living cost
39 155
39 155
39 155
39 155
Free-cash
-22 188
-26 351
-16 804
-15 379

Estimated living cost  is ₴39155 per week

₴25462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴1206
-₴8748
-₴2061
-₴1753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
trade
-
-
-
855
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.

-
-
-
2 981
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.

-
-
-
3 382
total
-
-
-
7 382
Employee

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

29 753
-
28 000
-
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.

3 382
-
3 382
-
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.

3 499
-
2 981
-
total
7 074
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
28 000
-
-
chamber of commerce
-
115
-
-
trade
-
4 802
-
-
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
-
-
income
-
4 200
-
-
total
-
9 348
-
-
Dividends
-
18 652
-
-
withholding
-
4 475
-
-
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
-
4 721
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 074
14 069
6 527
7 382
After tax
20 926
13 931
21 473
20 618
Living cost
22 679
22 679
22 679
22 679
Free-cash
-1 753
-8 748
-1 206
-2 061

Estimated living cost  is ₴22679 per week

₴16564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴110
-₴2826
-₴148
₴99
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
868
social contributions
-
-
-
798
income
-
-
-
1 232
pensions
-
-
-
8 070
health
-
-
-
242
total
-
-
-
11 210
Employee
21 188
-
21 335
-
social contributions
604
-
608
-
pensions
2 396
-
2 413
-
surtax
-
-
-
-
income
1 250
-
1 268
-
total
4 250
-
4 289
-
Employer
21 188
-
21 335
-
unemployment
858
-
864
-
health
1 483
-
1 494
-
pensions
3 481
-
3 505
-
other
731
-
736
-
social contributions
64
-
64
-
total
6 617
-
6 663
-
Corporate
195
28 000
-
-
surtax
-
-
-
-
income
54
7 840
-
-
total
54
7 840
-
-
Dividends
141
20 160
-
-
withholding
18
2 581
-
-
surtax
-
-
-
-
social contributions
24
3 467
-
-
total
42
6 048
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 963
13 888
10 952
11 210
After tax
17 037
14 112
17 048
16 790
Living cost
16 938
16 938
16 938
16 938
Free-cash
99
-2 826
110
-148

Estimated living cost  is ₴16938 per week

₴10680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴1788
-₴1148
₴1530
₴1602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
868
social contributions
-
-
-
798
income
-
-
-
1 232
pensions
-
-
-
8 070
health
-
-
-
242
total
-
-
-
11 210
Employee
18 913
-
21 335
-
social contributions
539
-
608
-
pensions
2 139
-
2 413
-
surtax
-
-
-
-
income
975
-
1 268
-
total
3 653
-
4 289
-
Employer
18 913
-
21 335
-
unemployment
766
-
864
-
health
1 324
-
1 494
-
pensions
3 108
-
3 505
-
other
653
-
736
-
social contributions
56
-
64
-
total
5 907
-
6 663
-
Corporate
3 180
28 000
-
-
surtax
-
-
-
-
income
891
7 840
-
-
total
891
7 840
-
-
Dividends
2 289
20 160
-
-
withholding
293
2 581
-
-
surtax
-
-
-
-
social contributions
394
3 467
-
-
total
687
6 048
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 138
13 888
10 952
11 210
After tax
16 862
14 112
17 048
16 790
Living cost
15 260
15 260
15 260
15 260
Free-cash
1 602
-1 148
1 788
1 530

Estimated living cost  is ₴15260 per week

₴8850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1550
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.
₴4571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6305
₴6585
₴7484
₴6840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 864
income
-
-
-
4 200
health
-
-
-
1 954
total
-
-
-
10 018
Employee
16 786
-
28 000
-
health
1 172
-
1 954
-
social contributions
2 317
-
3 864
-
income
2 800
-
5 379
-
total
6 289
-
11 197
-
Employer
16 786
-
28 000
-
total
-
-
-
-
Corporate
11 214
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%.

561
1 400
-
-
total
561
1 400
-
-
Dividends
10 653
26 600
-
-
withholding
1 598
3 990
-
-
health
744
1 856
-
-
social contributions
1 470
3 671
-
-
total
3 812
9 517
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 662
10 917
11 197
10 018
After tax
17 338
17 083
16 803
17 982
Living cost
10 498
10 498
10 498
10 498
Free-cash
6 840
6 585
6 305
7 484

Estimated living cost  is ₴10498 per week

₴7025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴647
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.
₴2583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6584
-₴1387
-₴1912
-₴4428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
98
chamber of commerce
-
-
-
112
unemployment
-
-
-
3 036
income
-
-
-
1 900
pensions
-
-
-
5 180
health
-
-
-
2 142
total
-
-
-
12 468
Employee
24 741
19 729
21 667
-
health
957
764
839
-
pensions
2 534
2 020
2 219
-
unemployment
742
592
650
-
other
247
197
217
-
income
2 817
1 455
1 935
-
total
7 297
5 028
5 860
-
Employer
24 741
19 729
21 667
-
unemployment
742
592
650
-
payroll
742
592
650
-
accident
321
256
282
-
health
935
746
819
-
pensions
3 105
2 476
2 719
-
other
1 175
937
1 029
-
surtax
98
98
98
-
chamber of commerce
99
79
86
-
total
7 217
5 776
6 333
-
Corporate
1 879
2 495
19 788
-
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
624
4 947
-
total
470
624
4 947
-
Dividends
-
1 871
-
-
withholding
-
515
-
-
total
-
515
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 984
11 943
17 140
12 468
After tax
13 016
16 057
10 860
15 532
Living cost
17 444
17 444
17 444
17 444
Free-cash
-4 428
-1 387
-6 584
-1 912

Estimated living cost  is ₴17444 per week

₴11635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
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.
₴4035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6003
-₴2269
-₴2935
-₴17721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 206
communal

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

-
-
-
1 487
national
-
-
-
8 191
total
-
-
-
12 884
Employee

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

35 413
-
21 688
-
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.

1 664
-
1 019
-
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.

2 656
-
1 626
-
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
-
national
10 887
-
5 674
-
communal

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

1 847
-
1 131
-
total
17 362
-
9 639
-
Employer

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

35 413
-
21 688
-
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.

460
-
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.

2 178
-
1 333
-
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.

3 138
-
1 921
-
surtax
4 015
-
2 460
-
total
10 308
-
6 313
-
Corporate
-
28 000
-
-
surtax
-
112
-
-
income
-
5 600
-
-
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
27 670
12 218
15 952
12 884
After tax
330
15 782
12 048
15 116
Living cost
18 051
18 051
18 051
18 051
Free-cash
-17 721
-2 269
-6 003
-2 935

Estimated living cost  is ₴18051 per week

₴11627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1578
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.
₴4563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2237
₴1036
-₴2436
-₴4498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
other
-
-
-
28
unemployment
-
-
-
196
income
-
-
-
4 157
pensions
-
-
-
7 924
accident
-
-
-
252
total
-
-
-
12 557
Employee
24 643
-
21 232
-
pensions
1 158
-
998
-
unemployment
382
-
329
-
other
24
-
22
-
income
5 200
-
4 241
-
total
6 764
-
5 590
-
Employer
24 643
-
21 232
-
unemployment
1 356
-
1 168
-
accident
488
-
420
-
pensions
5 815
-
5 010
-
other
196
-
170
-
total
7 855
-
6 768
-
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
14 619
9 085
12 358
12 557
After tax
13 381
18 915
15 642
15 443
Living cost
17 879
17 879
17 879
17 879
Free-cash
-4 498
1 036
-2 237
-2 436

Estimated living cost  is ₴17879 per week

₴13166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7785
-₴9304
-₴8348
-₴13970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
1 482
income
-
-
-
1 130
communal
-
-
-
-
pensions
-
-
-
4 480
accident
-
-
-
252
health
-
-
-
2 100
total
-
-
-
9 444
Employee
37 491
-
25 011
-
health
1 669
-
1 113
-
pensions
2 999
-
2 001
-
surtax
2 298
-
1 532
-
income
3 621
-
1 246
-
total
10 587
-
5 892
-
Employer
37 491
-
25 011
-
accident
337
-
225
-
health
1 143
-
763
-
pensions
2 999
-
2 001
-
total
4 479
-
2 989
-
Corporate
-
28 000
-
-
communal
-
1 890
-
-
surtax
-
294
-
-
income
-
4 200
-
-
total
-
6 384
-
-
Dividends
-
21 615
-
-
withholding
-
3 242
-
-
income
-
774
-
-
total
-
4 016
-
-
Income
28 000
28 000
28 000
28 000
Total tax
15 066
10 400
8 881
9 444
After tax
12 934
17 600
19 119
18 556
Living cost
26 904
26 904
26 904
26 904
Free-cash
-13 970
-9 304
-7 785
-8 348

Estimated living cost  is ₴26904 per week

₴20182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1630
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.
₴4806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4142
₴6492
₴4742
₴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
surtax
-
-
-
241
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
4 196
pensions
-
-
-
5 600
health
-
-
-
1 988
total
-
-
-
12 138
Employee
16 672
-
23 131
-
health
426
-
589
-
pensions
1 112
-
1 543
-
unemployment
1 160
-
1 610
-
surtax
59
-
195
-
other
-
-
-
-
income
2 795
-
3 932
-
total
5 552
-
7 869
-
Employer
16 672
-
23 131
-
unemployment
529
-
733
-
health
758
-
1 053
-
pensions
2 223
-
3 083
-
other
-
-
-
-
total
3 510
-
4 869
-
Corporate
7 818
28 000
-
-
income
2 033
7 280
-
-
total
2 033
7 280
-
-
Dividends
5 785
20 720
-
-
withholding
868
3 108
-
-
total
868
3 108
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 963
10 388
12 738
12 138
After tax
16 037
17 612
15 262
15 862
Living cost
11 120
11 120
11 120
11 120
Free-cash
4 917
6 492
4 142
4 742

Estimated living cost  is ₴11120 per week

₴6714
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.
₴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.
₴3182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴251
₴1382
₴1823
₴281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 201
national
-
-
-
5 052
regional
-
-
-
422
total
-
-
-
12 841
Employee
27 462
-
28 000
-
social contributions
9 261
-
9 442
-
national
4 351
-
4 447
-
regional
370
-
376
-
municipal
146
-
148
-
total
14 128
-
14 413
-
Employer
27 462
-
28 000
-
total
-
-
-
-
Corporate
538
28 000
-
-
municipal
26
1 391
-
-
nationa
129
6 720
-
-
total
155
8 111
-
-
Dividends
383
19 888
-
-
withholding
100
5 171
-
-
total
100
5 171
-
-
Income
28 000
28 000
28 000
28 000
Total tax
14 383
13 282
14 413
12 841
After tax
13 617
14 718
13 587
15 159
Living cost
13 336
13 336
13 336
13 336
Free-cash
281
1 382
251
1 823

Estimated living cost  is ₴13336 per week

₴8294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
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.
₴3463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴698
₴4371
-₴1270
-₴1375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 176
income
-
-
-
2 407
health
-
-
-
3 780
total
-
-
-
14 363
Employee
21 922
-
20 895
-
health
2 959
-
2 821
-
social contributions
1 425
-
1 358
-
solidarity contribution
-
-
-
-
income
2 631
-
2 507
-
total
7 015
-
6 686
-
Employer
21 922
-
20 895
-
health
1 973
-
1 881
-
social contributions
5 480
-
5 224
-
total
7 453
-
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
14 468
8 722
13 791
14 363
After tax
13 532
19 278
14 209
13 637
Living cost
14 907
14 907
14 907
14 907
Free-cash
-1 375
4 371
-698
-1 270

Estimated living cost  is ₴14907 per week

₴11086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴826
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.
₴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 Prague model

Close
Graz , Austria
-₴4912
₴317
-₴164
-₴337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
112
unemployment
-
-
-
3 036
income
-
-
-
1 900
pensions
-
-
-
5 180
health
-
-
-
2 142
total
-
-
-
12 370
Employee
21 641
19 729
21 742
-
health
837
764
842
-
pensions
2 216
2 020
2 227
-
unemployment
649
592
652
-
other
216
197
217
-
income
1 928
1 455
1 957
-
total
5 846
5 028
5 895
-
Employer
21 641
19 729
21 742
-
unemployment
649
592
652
-
payroll
649
592
652
-
accident
281
256
283
-
health
818
746
822
-
pensions
2 716
2 476
2 728
-
other
1 028
937
1 033
-
surtax
-
-
-
-
chamber of commerce
86
79
87
-
total
6 227
5 678
6 257
-
Corporate
1 879
2 593
19 863
-
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
648
4 966
-
total
470
648
4 966
-
Dividends
-
1 944
-
-
withholding
-
535
-
-
total
-
535
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 543
11 889
17 118
12 370
After tax
15 457
16 111
10 882
15 630
Living cost
15 794
15 794
15 794
15 794
Free-cash
-337
317
-4 912
-164

Estimated living cost  is ₴15794 per week

₴9475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1613
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.
₴4425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴16152
₴20352
₴21472
₴19180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 810
-
28 000
-
income
1 562
-
5 600
-
total
1 562
-
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%.

20 190
28 000
-
-
total
-
-
-
-
Dividends
20 190
28 000
-
-
withholding
1 010
1 400
-
-
total
1 010
1 400
-
-
Income
28 000
28 000
28 000
28 000
Total tax
2 572
1 400
5 600
280
After tax
25 428
26 600
22 400
27 720
Living cost
6 248
6 248
6 248
6 248
Free-cash
19 180
20 352
16 152
21 472

Estimated living cost  is ₴6248 per week

₴4228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1328
₴5999
₴2149
₴1859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
42
income
-
-
-
4 660
pensions
-
-
-
5 114
health
-
-
-
2 756
total
-
-
-
12 572
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.

21 892
-
24 228
-
health
1 414
-
1 565
-
pensions
3 393
-
3 755
-
unemployment
31
-
34
-
income
3 775
-
4 267
-
total
8 613
-
9 621
-
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.

21 892
-
24 228
-
unemployment
13
-
14
-
health
1 458
-
1 614
-
pensions
1 937
-
2 144
-
total
3 408
-
3 772
-
Corporate
2 700
28 000
-
-
income
513
5 320
-
-
total
513
5 320
-
-
Dividends
2 187
22 680
-
-
withholding
328
3 402
-
-
total
328
3 402
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 862
8 722
13 393
12 572
After tax
15 138
19 278
14 607
15 428
Living cost
13 279
13 279
13 279
13 279
Free-cash
1 859
5 999
1 328
2 149

Estimated living cost  is ₴13279 per week

₴9113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴289
-₴4201
-₴1886
-₴45382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 449
-
-
-
social contributions
2 497
-
356
-
income
6 716
-
-
-
total
9 213
-
356
-
Employer
30 449
-
-
-
social contributions
42 933
-
6 119
-
total
42 933
-
6 119
-
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
52 146
10 965
6 475
8 650
After tax
-24 146
17 035
21 525
19 350
Living cost
21 236
21 236
21 236
21 236
Free-cash
-45 382
-4 201
289
-1 886

Estimated living cost  is ₴21236 per week

₴13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴84
₴398
₴649
-₴178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
22 769
-
22 626
-
social contributions
2 505
-
2 489
-
surtax
-
-
-
-
income
4 736
-
4 692
-
total
7 241
-
7 181
-
Employer
22 769
-
22 626
-
social contributions
5 408
-
5 374
-
total
5 408
-
5 374
-
Corporate
-
28 000
-
-
surtax
-
-
-
-
income
-
5 880
-
-
total
-
5 880
-
-
Dividends
-
22 120
-
-
withholding
-
6 193
-
-
total
-
6 193
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 649
12 073
12 555
11 822
After tax
15 351
15 927
15 445
16 178
Living cost
15 529
15 529
15 529
15 529
Free-cash
-178
398
-84
649

Estimated living cost  is ₴15529 per week

₴11619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
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.
₴2735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6863
-₴9799
-₴7121
-₴12690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
868
social contributions
-
-
-
798
income
-
-
-
1 232
pensions
-
-
-
8 070
health
-
-
-
242
total
-
-
-
11 210
Employee
31 007
-
21 335
-
social contributions
883
-
608
-
pensions
3 507
-
2 413
-
surtax
-
-
-
-
income
2 705
-
1 268
-
total
7 095
-
4 289
-
Employer
31 007
-
21 335
-
unemployment
1 256
-
864
-
health
2 170
-
1 494
-
pensions
5 095
-
3 505
-
other
1 070
-
736
-
social contributions
93
-
64
-
total
9 684
-
6 663
-
Corporate
-
28 000
-
-
surtax
-
-
-
-
income
-
7 840
-
-
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
16 779
13 888
10 952
11 210
After tax
11 221
14 112
17 048
16 790
Living cost
23 911
23 911
23 911
23 911
Free-cash
-12 690
-9 799
-6 863
-7 121

Estimated living cost  is ₴23911 per week

₴16183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1956
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.
₴5444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7779
₴10318
₴6959
₴8655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
-
social contributions
-
-
-
6 159
total
-
-
-
6 159
Employee
15 916
-
24 243
-
social contributions
1 034
-
1 576
-
income
-
-
6
-
total
1 034
-
1 582
-
Employer
15 916
-
24 243
-
social contributions
2 467
-
3 757
-
total
2 467
-
3 757
-
Corporate
9 617
28 000
-
-
income
962
2 800
-
-
total
962
2 800
-
-
Dividends
8 655
25 200
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
4 463
2 800
5 339
6 159
After tax
23 537
25 200
22 661
21 841
Living cost
14 882
14 882
14 882
14 882
Free-cash
8 655
10 318
7 779
6 959

Estimated living cost  is ₴14882 per week

₴9622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
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.
₴3858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴79866
-₴79866
-₴5641
-₴79866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
2 206
national
-
-
-
2 642
pensions
-
-
-
429
total
-
-
-
9 798
Employee
100 636
100 636
100 636
-
pensions
143
143
143
-
national
12 294
12 294
12 294
-
labour market
8 039
8 039
8 039
-
municipal
21 430
21 430
21 430
-
total
41 906
41 906
41 906
-
Employer
100 636
100 636
100 636
-
pensions
286
286
286
-
national
12 316
12 316
12 316
-
labour market
8 051
8 051
8 051
-
municipal
21 464
21 464
21 464
-
total
42 117
42 117
42 117
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
84 023
84 023
84 023
9 798
After tax
-56 023
-56 023
-56 023
18 202
Living cost
23 843
23 843
23 843
23 843
Free-cash
-79 866
-79 866
-79 866
-5 641

Estimated living cost  is ₴23843 per week

₴16318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3895
-₴8624
₴8467
₴598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
other
-
-
-
186
income
-
-
-
5 141
pensions
-
-
-
2 091
accident
-
-
-
127
health
-
-
-
1 096
total
-
-
-
8 641
Employee
17 135
-
23 260
-
health
1 962
-
2 663
-
pensions
1 929
-
2 619
-
income
2 351
-
3 191
-
total
6 242
-
8 473
-
Employer
17 135
-
23 260
-
unemployment
420
-
570
-
accident
286
-
388
-
pensions
2 786
-
3 782
-
total
3 492
-
4 740
-
Corporate
7 373
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.

6 636
25 200
-
-
total
6 636
25 200
-
-
Dividends
737
2 800
-
-
withholding
140
532
-
-
total
140
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
16 510
25 732
13 213
8 641
After tax
11 490
2 268
14 787
19 359
Living cost
10 892
10 892
10 892
10 892
Free-cash
598
-8 624
3 895
8 467

Estimated living cost  is ₴10892 per week

₴7929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1707
₴353
₴2759
-₴2960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
1 009
health
-
-
-
225
total
-
-
-
6 234
Employee
26 047
-
23 555
-
health
194
-
156
-
pensions
1 758
-
1 590
-
unemployment
391
-
353
-
national
430
-
295
-
municipal
4 266
-
3 862
-
total
7 039
-
6 256
-
Employer
26 047
-
23 555
-
unemployment
169
-
153
-
accident
26
-
23
-
health
200
-
181
-
pensions
4 519
-
4 087
-
total
4 914
-
4 444
-
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
-
-
national
-
16
-
-
municipal
-
3 024
-
-
total
-
3 040
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 953
8 640
10 700
6 234
After tax
16 047
19 360
17 300
21 766
Living cost
19 007
19 007
19 007
19 007
Free-cash
-2 960
353
-1 707
2 759

Estimated living cost  is ₴19007 per week

₴12415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1828
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.
₴4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7512
₴5344
₴10536
₴6464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 368
income
-
-
-
920
health
-
-
-
714
total
-
-
-
6 002
Employee
38 068
38 068
38 068
-
health
295
647
432
-
social contributions
1 439
3 159
2 110
-
income
4 145
3 524
3 903
-
total
5 879
7 330
6 445
-
Employer
38 068
38 068
38 068
-
health
320
705
471
-
social contributions
1 439
3 159
2 110
-
total
1 759
3 864
2 581
-
Corporate
8 899
-
-
-
income
1 112
-
-
-
total
1 112
-
-
-
Dividends
7 787
-
-
-
withholding
1 324
-
-
-
total
1 324
-
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 074
11 194
9 026
6 002
After tax
17 926
16 806
18 974
21 998
Living cost
11 462
11 462
11 462
11 462
Free-cash
6 464
5 344
7 512
10 536

Estimated living cost  is ₴11462 per week

₴6870
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.
₴3215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9484
₴15327
₴12825
₴12809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
14
income
-
-
-
2 360
pensions
-
-
-
3 149
health
-
-
-
1 792
total
-
-
-
7 315
Employee

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

11 364
-
25 385
-
health
966
-
2 158
-
pensions
1 704
-
3 808
-
unemployment
56
-
127
-
income
777
-
1 948
-
total
3 503
-
8 041
-
Employer

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

11 364
-
25 385
-
unemployment
56
-
127
-
health
489
-
1 092
-
pensions
625
-
1 396
-
total
1 170
-
2 615
-
Corporate
15 467
28 000
-
-
income
1 392
2 520
-
-
total
1 392
2 520
-
-
Dividends
14 075
25 480
-
-
withholding
1 266
2 293
-
-
total
1 266
2 293
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 331
4 813
10 656
7 315
After tax
20 669
23 187
17 344
20 685
Living cost
7 860
7 860
7 860
7 860
Free-cash
12 809
15 327
9 484
12 825

Estimated living cost  is ₴7860 per week

₴5015
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.
₴2044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2028
₴5301
₴1829
₴2655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
other
-
-
-
28
unemployment
-
-
-
196
income
-
-
-
4 157
pensions
-
-
-
7 924
accident
-
-
-
252
total
-
-
-
12 557
Employee
18 306
-
21 232
-
pensions
861
-
998
-
unemployment
284
-
329
-
other
18
-
22
-
income
3 529
-
4 241
-
total
4 692
-
5 590
-
Employer
18 306
-
21 232
-
unemployment
1 007
-
1 168
-
accident
363
-
420
-
pensions
4 320
-
5 010
-
other
147
-
170
-
total
5 837
-
6 768
-
Corporate
3 858
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.

579
4 200
-
-
total
579
4 200
-
-
Dividends
3 280
23 800
-
-
withholding
623
4 885
-
-
total
623
4 885
-
-
Income
28 000
28 000
28 000
28 000
Total tax
11 731
9 085
12 358
12 557
After tax
16 269
18 915
15 642
15 443
Living cost
13 614
13 614
13 614
13 614
Free-cash
2 655
5 301
2 028
1 829

Estimated living cost  is ₴13614 per week

₴9189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1309
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.
₴2878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴16528
₴16464
₴16600
₴16298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
9 124
pensions
-
-
-
735
health
-
-
-
533
total
-
-
-
10 392
Employee
1 535
-
27 173
-
health
77
-
184
-
pensions
138
-
331
-
unemployment
15
-
37
-
income
297
-
9 085
-
total
527
-
9 637
-
Employer
1 535
-
27 173
-
unemployment
31
-
74
-
health
146
-
349
-
pensions
169
-
404
-
total
346
-
827
-
Corporate
26 119
28 000
-
-
income
5 746
6 160
-
-
total
5 746
6 160
-
-
Dividends
20 373
21 840
-
-
withholding
4 075
4 368
-
-
total
4 075
4 368
-
-
Income
28 000
28 000
28 000
28 000
Total tax
10 694
10 528
10 464
10 392
After tax
17 306
17 472
17 536
17 608
Living cost
1 008
1 008
1 008
1 008
Free-cash
16 298
16 464
16 528
16 600

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6510
₴11667
₴5305
₴9230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
420
income
-
-
-
3 548
pensions
-
-
-
7 280
health
-
-
-
2 884
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.

12 913
-
23 749
-
health
665
-
1 223
-
pensions
1 808
-
3 325
-
unemployment
97
-
178
-
income
1 780
-
3 950
-
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.

12 913
-
23 749
-
unemployment
97
-
178
-
health
665
-
1 223
-
pensions
1 550
-
2 850
-
total
2 312
-
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
10 207
7 770
12 927
14 132
After tax
17 793
20 230
15 073
13 868
Living cost
8 563
8 563
8 563
8 563
Free-cash
9 230
11 667
6 510
5 305

Estimated living cost  is ₴8563 per week

₴5766
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
₴2098
₴2580
₴2831
₴2401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
19 215
-
22 626
-
social contributions
2 114
-
2 489
-
surtax
-
-
-
-
income
3 754
-
4 692
-
total
5 868
-
7 181
-
Employer
19 215
-
22 626
-
social contributions
4 563
-
5 374
-
total
4 563
-
5 374
-
Corporate
4 222
28 000
-
-
surtax
-
-
-
-
income
887
5 880
-
-
total
887
5 880
-
-
Dividends
3 335
22 120
-
-
withholding
934
6 193
-
-
total
934
6 193
-
-
Income
28 000
28 000
28 000
28 000
Total tax
12 252
12 073
12 555
11 822
After tax
15 748
15 927
15 445
16 178
Living cost
13 347
13 347
13 347
13 347
Free-cash
2 401
2 580
2 098
2 831

Estimated living cost  is ₴13347 per week

₴9453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴927
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.
₴2730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1757
₴1516
-₴1956
-₴3534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
other
-
-
-
28
unemployment
-
-
-
196
income
-
-
-
4 157
pensions
-
-
-
7 924
accident
-
-
-
252
total
-
-
-
12 557
Employee
23 910
-
21 232
-
pensions
1 124
-
998
-
unemployment
370
-
329
-
other
23
-
22
-
income
4 994
-
4 241
-
total
6 511
-
5 590
-
Employer
23 910
-
21 232
-
unemployment
1 315
-
1 168
-
accident
474
-
420
-
pensions
5 643
-
5 010
-
other
192
-
170
-
total
7 624
-
6 768
-
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
14 135
9 085
12 358
12 557
After tax
13 865
18 915
15 642
15 443
Living cost
17 399
17 399
17 399
17 399
Free-cash
-3 534
1 516
-1 757
-1 956

Estimated living cost  is ₴17399 per week

₴12495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11121
₴15420
₴10661
₴12402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
69
income
-
-
-
4 200
pensions

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

-
-
-
2 560
health
-
-
-
1 990
total
-
-
-
8 819
Employee
11 282
-
24 606
-
health
519
-
796
-
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
-
2 460
-
total
2 761
-
4 965
-
Employer
11 282
-
24 606
-
unemployment
68
-
104
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
health
779
-
1 194
-
pensions

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

1 243
-
1 906
-
total
2 214
-
3 394
-
Corporate
14 505
28 000
-
-
income
1 450
2 800
-
-
total
1 450
2 800
-
-
Dividends
13 055
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
8 819
After tax
20 922
23 940
19 641
19 181
Living cost
8 520
8 520
8 520
8 520
Free-cash
12 402
15 420
11 121
10 661

Estimated living cost  is ₴8520 per week

₴5635
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
₴2360
-₴4604
₴1645
₴1870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
trade
-
-
-
715
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.

-
-
-
2 981
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.

-
-
-
3 382
total
-
-
-
7 242
Employee

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

24 633
-
28 000
-
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.

3 382
-
3 382
-
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.

2 026
-
2 981
-
total
5 520
-
6 527
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 367
28 000
-
-
chamber of commerce
80
116
-
-
trade
483
4 018
-
-
surtax

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

28
231
-
-
income
505
4 200
-
-
total
1 096
8 565
-
-
Dividends
2 271
19 434
-
-
withholding
380
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
256
-
-
total
401
4 926
-
-
Income
28 000
28 000
28 000
28 000
Total tax
7 017
13 491
6 527
7 242
After tax
20 983
14 509
21 473
20 758
Living cost
19 113
19 113
19 113
19 113
Free-cash
1 870
-4 604
2 360
1 645

Estimated living cost  is ₴19113 per week

₴13185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2057
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.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6288
-₴8601
-₴6288
-₴10725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
4 050
social contributions
-
-
-
2 037
total
-
-
-
6 087
Employee
38 725
-
28 000
-
social contributions
3 217
-
2 037
-
income
7 307
-
4 050
-
total
10 524
-
6 087
-
Employer
38 725
-
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
10 524
8 400
6 087
6 087
After tax
17 476
19 600
21 913
21 913
Living cost
28 201
28 201
28 201
28 201
Free-cash
-10 725
-8 601
-6 288
-6 288

Estimated living cost  is ₴28201 per week

₴21455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2298
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.
₴4179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2258
-₴2387
-₴7079
₴482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
28 000
income
-
-
-
14 092
health

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

-
-
-
3 016
total
-
-
-
17 108
Employee
22 711
-
25 723
-
social contributions
2 275
-
2 277
-
income
2 464
-
3 217
-
total
4 739
-
5 494
-
Employer
22 711
-
25 723
-
social contributions
2 275
-
2 277
-
total
2 275
-
2 277
-
Corporate
3 014
28 000
-
-
income
1 055
9 800
-
-
total
1 055
9 800
-
-
Dividends
1 959
18 200
-
-
social contributions
1 478
2 616
-
-
total
1 478
2 616
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 547
12 416
7 771
17 108
After tax
18 453
15 584
20 229
10 892
Living cost
17 971
17 971
17 971
17 971
Free-cash
482
-2 387
2 258
-7 079

Estimated living cost  is ₴17971 per week

₴11838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴275
₴2465
₴2536
-₴465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
income
-
-
-
5 263
pensions
-
-
-
1 687
total
-
-
-
6 950
Employee
25 414
-
25 013
-
health
332
-
323
-
pensions
1 940
-
1 891
-
income
4 628
-
4 560
-
total
6 900
-
6 774
-
Employer
25 414
-
25 013
-
health
483
-
475
-
pensions
2 568
-
2 512
-
total
3 051
-
2 987
-
Corporate
-
28 000
-
-
income

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

-
5 320
-
-
total
-
5 320
-
-
Dividends
-
22 680
-
-
withholding
-
1 701
-
-
total
-
1 701
-
-
Income
28 000
28 000
28 000
28 000
Total tax
9 951
7 021
9 761
6 950
After tax
18 049
20 979
18 239
21 050
Living cost
18 514
18 514
18 514
18 514
Free-cash
-465
2 465
-275
2 536

Estimated living cost  is ₴18514 per week

₴12701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴2816
-₴9703
₴7388
₴433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
28 000
other
-
-
-
186
income
-
-
-
5 141
pensions
-
-
-
2 091
accident
-
-
-
127
health
-
-
-
1 096
total
-
-
-
8 641
Employee
18 831
-
23 260
-
health
2 156
-
2 663
-
pensions
2 120
-
2 619
-
income
2 583
-
3 191
-
total
6 859
-
8 473
-
Employer
18 831
-
23 260
-
unemployment
461
-
570
-
accident
314
-
388
-
pensions
3 062
-
3 782
-
total
3 837
-
4 740
-
Corporate
5 332
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.

4 799
25 200
-
-
total
4 799
25 200
-
-
Dividends
533
2 800
-
-
withholding
101
532
-
-
total
101
532
-
-
Income
28 000
28 000
28 000
28 000
Total tax
15 596
25 732
13 213
8 641
After tax
12 404
2 268
14 787
19 359
Living cost
11 971
11 971
11 971
11 971
Free-cash
433
-9 703
2 816
7 388

Estimated living cost  is ₴11971 per week

₴8785
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.
₴2247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9888
₴17108
₴9888
₴14699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
336
health insurance
-
-
-
2 072
income
-
-
-
3 720
pensions
-
-
-
5 152
work injury
-
-
-
140
total
-
-
-
11 420
Employee

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

10 707
-
28 000
-
pensions
1 970
-
5 152
-
unemployment
128
-
336
-
work injury
54
-
140
-
health insurance
792
-
2 072
-
income
1 071
-
3 720
-
total
4 015
-
11 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 293
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
17 293
28 000
-
-
withholding
2 594
4 200
-
-
total
2 594
4 200
-
-
Income
28 000
28 000
28 000
28 000
Total tax
6 609
4 200
11 420
11 420
After tax
21 391
23 800
16 580
16 580
Living cost
6 692
6 692
6 692
6 692
Free-cash
14 699
17 108
9 888
9 888

Estimated living cost  is ₴6692 per week

₴4146
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.
₴1851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6144
-₴4974
-₴4589
-₴13718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 201
national
-
-
-
5 052
regional
-
-
-
427
total
-
-
-
12 867
Employee
41 718
-
28 000
-
social contributions
14 067
-
9 442
-
national
7 050
-
4 447
-
regional
630
-
366
-
municipal
249
-
167
-
total
21 996
-
14 422
-
Employer
41 718
-
28 000
-
total
-
-
-
-
Corporate
-
28 000
-
-
municipal
-
1 350
-
-
nationa
-
6 720
-
-
total
-
8 070
-
-
Dividends
-
19 930
-
-
withholding
-
5 182
-
-
total
-
5 182
-
-
Income
28 000
28 000
28 000
28 000
Total tax
21 996
13 252
14 422
12 867
After tax
6 004
14 748
13 578
15 133
Living cost
19 722
19 722
19 722
19 722
Free-cash
-13 718
-4 974
-6 144
-4 589

Estimated living cost  is ₴19722 per week

₴13854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
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.
₴4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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Estimated living cost

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