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
₴ 29500
per

Your estimated
City
free-cash

Dresden , Germany
-₴23
₴7509
₴6489
₴5455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income

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

-
-
-
3 423
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.

-
-
-
188
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.

-
-
-
3 383
trade
-
-
-
1 020
total
-
-
-
8 014
Employee

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

18 938
-
29 500
-
surtax

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

29
-
188
-
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
-
3 423
-
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.

3 383
-
3 383
-
total
3 941
-
6 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 562
29 500
-
-
income
1 584
4 425
-
-
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.

87
243
-
-
chamber of commerce
90
117
-
-
trade
1 663
4 646
-
-
total
3 424
9 431
-
-
Dividends
7 137
20 068
-
-
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.

87
266
-
-
withholding
1 596
4 829
-
-
total
1 683
5 095
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 048
14 526
6 994
8 014
After tax
20 452
14 974
22 506
21 486
Living cost
14 997
14 997
14 997
14 997
Free-cash
5 455
-23
7 509
6 489

Estimated living cost  is ₴14997 per week

₴9434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1749
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.
₴3535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7845
-₴7503
-₴7735
-₴14890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
social contributions
-
-
-
317
municipal
-
-
-
2 795
national
-
-
-
4 330
pensions
-
-
-
3 540
total
-
-
-
10 982
Employee
40 697
-
25 502
-
municipal
5 027
-
2 909
-
pensions
1 628
-
1 020
-
national
7 789
-
4 507
-
total
14 444
-
8 436
-
Employer
40 697
-
25 502
-
pensions
3 256
-
2 040
-
social contributions
437
-
274
-
total
3 693
-
2 314
-
Corporate
-
29 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
5 900
-
-
total
-
5 900
-
-
Dividends
-
23 600
-
-
withholding
-
5 192
-
-
total
-
5 192
-
-
Income
29 500
29 500
29 500
29 500
Total tax
18 137
11 092
10 750
10 982
After tax
11 363
18 408
18 750
18 518
Living cost
26 253
26 253
26 253
26 253
Free-cash
-14 890
-7 845
-7 503
-7 735

Estimated living cost  is ₴26253 per week

₴17844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13299
₴6555
₴13215
₴9237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 559
microenterprise
-
-
-
4 425
total
-
-
-
5 984
Employee
14 468
-
23 773
-
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.

1 592
-
2 615
-
income
2 575
-
4 302
-
total
4 167
-
6 917
-
Employer
14 468
-
23 773
-
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
-
5 727
-
surtax
-
-
-
-
total
3 485
-
5 727
-
Corporate
11 547
29 500
-
-
income

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

2 310
5 900
-
-
total
2 310
5 900
-
-
Dividends

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

9 238
23 600
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 962
5 900
12 644
5 984
After tax
19 538
23 600
16 856
23 516
Living cost
10 301
10 301
10 301
10 301
Free-cash
9 237
13 299
6 555
13 215

Estimated living cost  is ₴10301 per week

₴6572
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
-₴16888
-₴19668
-₴3886
-₴19668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
2 805
health
-
-
-
4 529
pensions
-
-
-
5 310
total
-
-
-
12 644
Employee
42 282
42 282
42 282
-
pensions
7 611
5 801
7 611
-
income

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

6 921
6 921
6 921
-
health
6 490
5 520
6 490
-
total
21 022
18 242
21 022
-
Employer
42 282
42 282
42 282
-
health
2 939
2 939
2 939
-
pensions
2 943
2 943
2 943
-
unemployment
1 522
1 522
1 522
-
total
7 404
7 404
7 404
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
28 426
25 646
28 426
12 644
After tax
1 074
3 854
1 074
16 856
Living cost
20 742
20 742
20 742
20 742
Free-cash
-19 668
-16 888
-19 668
-3 886

Estimated living cost  is ₴20742 per week

₴14699
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.
₴3843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4232
-₴4587
-₴5634
-₴8587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
accident
-
-
-
59
other
-
-
-
3 428
unemployment
-
-
-
30
health
-
-
-
1 841
municipal
-
-
-
6 248
national
-
-
-
-
pensions
-
-
-
3 189
total
-
-
-
14 795
Employee
28 982
-
22 447
-
municipal
8 642
-
6 694
-
national
-
-
-
-
total
8 642
-
6 694
-
Employer
28 982
-
22 447
-
health
1 782
-
1 381
-
pensions
3 133
-
2 427
-
accident
58
-
45
-
unemployment
765
-
593
-
other
3 368
-
2 608
-
total
9 106
-
7 054
-
Corporate
-
29 500
-
-
income
-
6 490
-
-
total
-
6 490
-
-
Dividends
-
23 010
-
-
withholding
-
6 903
-
-
total
-
6 903
-
-
Income
29 500
29 500
29 500
29 500
Total tax
17 748
13 393
13 748
14 795
After tax
11 752
16 107
15 752
14 705
Living cost
20 339
20 339
20 339
20 339
Free-cash
-8 587
-4 232
-4 587
-5 634

Estimated living cost  is ₴20339 per week

₴13480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4629
₴3055
₴1989
₴2326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income

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

-
-
-
3 423
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.

-
-
-
188
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.

-
-
-
3 383
trade
-
-
-
1 066
total
-
-
-
8 060
Employee

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

25 109
-
29 500
-
surtax

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

118
-
188
-
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
-
3 423
-
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.

3 383
-
3 383
-
total
5 658
-
6 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 391
29 500
-
-
income
659
4 425
-
-
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.

37
243
-
-
chamber of commerce
82
117
-
-
trade
723
4 853
-
-
total
1 501
9 638
-
-
Dividends
2 891
19 862
-
-
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
263
-
-
withholding
535
4 777
-
-
total
564
5 040
-
-
Income
29 500
29 500
29 500
29 500
Total tax
7 723
14 678
6 994
8 060
After tax
21 777
14 822
22 506
21 440
Living cost
19 451
19 451
19 451
19 451
Free-cash
2 326
-4 629
3 055
1 989

Estimated living cost  is ₴19451 per week

₴13009
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
₴2244
₴4180
₴6921
₴3595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
1 164
social contributions
-
-
-
4 602
health
-
-
-
753
total
-
-
-
6 519
Employee
38 073
38 073
38 073
-
social contributions
1 850
3 160
2 223
-
income
3 998
3 524
3 863
-
health
379
647
456
-
total
6 227
7 331
6 542
-
Employer
38 073
38 073
38 073
-
health
412
705
495
-
social contributions
1 850
3 160
2 223
-
total
2 262
3 865
2 718
-
Corporate
4 951
-
-
-
income
619
-
-
-
total
619
-
-
-
Dividends
4 332
-
-
-
withholding
737
-
-
-
total
737
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 845
11 196
9 260
6 519
After tax
19 655
18 304
20 240
22 981
Living cost
16 060
16 060
16 060
16 060
Free-cash
3 595
2 244
4 180
6 921

Estimated living cost  is ₴16060 per week

₴10978
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
₴7604
₴8010
₴11345
₴7793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
3 606
unemployment
-
-
-
443
health
-
-
-
2 065
pensions
-
-
-
2 950
total
-
-
-
9 064
Employee

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

The minimum wage is 138,000 HUF per month.

13 124
5 223
24 686
-
unemployment
197
78
370
-
pensions
1 312
522
2 469
-
income
1 604
639
3 018
-
health
919
366
1 728
-
total
4 032
1 605
7 585
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 124
5 223
24 686
-
pensions
2 559
1 018
4 814
-
total
2 559
1 018
4 814
-
Corporate
13 817
23 259
-
-
income
1 244
2 093
-
-
total
1 244
2 093
-
-
Dividends
12 574
21 165
-
-
social contributions
2 392
4 068
-
-
withholding
2 389
4 021
-
-
total
4 781
8 089
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 616
12 805
12 399
9 064
After tax
16 884
16 695
17 101
20 436
Living cost
9 091
9 091
9 091
9 091
Free-cash
7 793
7 604
8 010
11 345

Estimated living cost  is ₴9091 per week

₴6204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11641
₴5313
₴4288
₴8565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
3 518
health
-
-
-
3 835
pensions
-
-
-
5 900
total
-
-
-
13 253
Employee
14 046
-
22 048
-
unemployment
225
-
352
-
pensions
281
-
441
-
income
1 581
-
3 982
-
total
2 087
-
4 775
-
Employer
14 046
-
22 048
-
health
1 826
-
2 866
-
pensions
2 809
-
4 410
-
unemployment
113
-
177
-
total
4 748
-
7 453
-
Corporate
10 706
29 500
-
-
income
2 141
5 900
-
-
total
2 141
5 900
-
-
Dividends
8 565
23 600
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
8 976
5 900
12 228
13 253
After tax
20 524
23 600
17 272
16 247
Living cost
11 959
11 959
11 959
11 959
Free-cash
8 565
11 641
5 313
4 288

Estimated living cost  is ₴11959 per week

₴8203
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.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8646
₴4537
₴9342
₴696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
accident
-
-
-
127
income
-
-
-
5 628
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 087
total
-
-
-
9 122
Employee
17 361
-
24 506
-
pensions
1 955
-
2 759
-
income
2 382
-
3 367
-
health
1 988
-
2 806
-
total
6 325
-
8 932
-
Employer
17 361
-
24 506
-
pensions
2 823
-
3 985
-
accident
290
-
409
-
unemployment
425
-
600
-
total
3 538
-
4 994
-
Corporate
8 601
29 500
-
-
income

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

7 741
26 550
-
-
total
7 741
26 550
-
-
Dividends
860
2 950
-
-
withholding
163
560
-
-
total
163
560
-
-
Income
29 500
29 500
29 500
29 500
Total tax
17 767
27 110
13 926
9 122
After tax
11 733
2 390
15 574
20 378
Living cost
11 036
11 036
11 036
11 036
Free-cash
696
-8 646
4 537
9 342

Estimated living cost  is ₴11036 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24034
₴19609
₴25214
₴23285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
29 500
microenterprise

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

-
-
-
295
total
-
-
-
295
Employee
4 989
-
29 500
-
income
998
-
5 900
-
total
998
-
5 900
-
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%.

24 511
29 500
-
-
total
-
-
-
-
Dividends
24 511
29 500
-
-
withholding
1 226
1 475
-
-
total
1 226
1 475
-
-
Income
29 500
29 500
29 500
29 500
Total tax
2 224
1 475
5 900
295
After tax
27 276
28 025
23 600
29 205
Living cost
3 991
3 991
3 991
3 991
Free-cash
23 285
24 034
19 609
25 214

Estimated living cost  is ₴3991 per week

₴2473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8481
₴4097
₴2781
₴5137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
3 747
other
-
-
-
1 401
health
-
-
-
1 298
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.

-
-
-
7 080
total
-
-
-
13 526
Employee
17 978
-
23 562
-
unemployment
179
-
236
-
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
-
1 649
-
income
3 095
-
4 056
-
health
252
-
330
-
total
4 784
-
6 271
-
Employer
17 978
-
23 562
-
health
252
-
330
-
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.

3 057
-
4 006
-
accident
144
-
189
-
unemployment
179
-
236
-
other
899
-
1 178
-
total
4 531
-
5 939
-
Corporate
6 992
29 500
-
-
income
1 469
6 195
-
-
total
1 469
6 195
-
-
Dividends
5 523
23 305
-
-
withholding
386
1 631
-
-
total
386
1 631
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 170
7 826
12 210
13 526
After tax
18 330
21 674
17 290
15 974
Living cost
13 193
13 193
13 193
13 193
Free-cash
5 137
8 481
4 097
2 781

Estimated living cost  is ₴13193 per week

₴9322
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
-₴10720
-₴13716
-₴10691
-₴23304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
5 533
pensions
-
-
-
1 835
total
-
-
-
7 368
Employee
46 440
-
26 297
-
pensions
4 480
-
2 063
-
income
8 371
-
4 776
-
health
765
-
352
-
total
13 616
-
7 191
-
Employer
46 440
-
26 297
-
health
882
-
499
-
pensions
5 483
-
2 703
-
total
6 365
-
3 202
-
Corporate
-
29 500
-
-
income

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

-
5 605
-
-
total
-
5 605
-
-
Dividends
-
23 895
-
-
withholding
-
1 792
-
-
total
-
1 792
-
-
Income
29 500
29 500
29 500
29 500
Total tax
19 981
7 397
10 393
7 368
After tax
9 519
22 103
19 107
22 132
Living cost
32 823
32 823
32 823
32 823
Free-cash
-23 304
-10 720
-13 716
-10 691

Estimated living cost  is ₴32823 per week

₴24595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴18734
₴14505
₴13970
₴16435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
4 425
unemployment
-
-
-
69
health
-
-
-
1 988
pensions

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

-
-
-
2 559
total
-
-
-
9 041
Employee
8 593
-
26 108
-
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.

754
-
1 518
-
income
859
-
2 611
-
health
395
-
795
-
total
2 103
-
5 114
-
Employer
8 593
-
26 108
-
health
593
-
1 193
-
pensions

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

947
-
1 905
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
unemployment
51
-
104
-
total
1 686
-
3 392
-
Corporate
19 221
29 500
-
-
income
1 922
2 950
-
-
total
1 922
2 950
-
-
Dividends
17 299
26 550
-
-
withholding
865
1 327
-
-
total
865
1 327
-
-
Income
29 500
29 500
29 500
29 500
Total tax
6 576
4 277
8 506
9 041
After tax
22 924
25 223
20 994
20 459
Living cost
6 489
6 489
6 489
6 489
Free-cash
16 435
18 734
14 505
13 970

Estimated living cost  is ₴6489 per week

₴3789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴23602
-₴26382
-₴10600
-₴24443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
2 805
health
-
-
-
4 529
pensions
-
-
-
5 310
total
-
-
-
12 644
Employee
45 905
42 282
42 282
-
pensions
5 801
5 801
7 611
-
income

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

6 921
6 921
6 921
-
health
5 727
5 520
6 490
-
total
18 449
18 242
21 022
-
Employer
45 905
42 282
42 282
-
health
3 190
2 939
2 939
-
pensions
3 195
2 943
2 943
-
unemployment
1 653
1 522
1 522
-
total
8 038
7 404
7 404
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
26 487
25 646
28 426
12 644
After tax
3 013
3 854
1 074
16 856
Living cost
27 456
27 456
27 456
27 456
Free-cash
-24 443
-23 602
-26 382
-10 600

Estimated living cost  is ₴27456 per week

₴20253
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.
₴4436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8009
₴2668
₴2065
₴3620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
2 536
social contributions
-
-
-
8 614
solidarity contribution
-
-
-
-
health
-
-
-
3 983
total
-
-
-
15 133
Employee
18 092
-
22 015
-
solidarity contribution
-
-
-
-
social contributions
1 176
-
1 431
-
income
2 171
-
2 642
-
health
2 442
-
2 972
-
total
5 789
-
7 045
-
Employer
18 092
-
22 015
-
health
1 628
-
1 981
-
social contributions
4 523
-
5 504
-
total
6 151
-
7 485
-
Corporate
5 257
29 500
-
-
income
999
5 605
-
-
total
999
5 605
-
-
Dividends
4 258
23 895
-
-
withholding
639
3 584
-
-
total
639
3 584
-
-
Income
29 500
29 500
29 500
29 500
Total tax
13 578
9 189
14 530
15 133
After tax
15 922
20 311
14 970
14 367
Living cost
12 302
12 302
12 302
12 302
Free-cash
3 620
8 009
2 668
2 065

Estimated living cost  is ₴12302 per week

₴8545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5153
-₴6473
-₴4805
-₴14504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
social contributions
-
-
-
7 587
regional
-
-
-
296
municipal
-
-
-
176
national
-
-
-
5 353
total
-
-
-
13 412
Employee
44 004
-
29 500
-
municipal
233
-
156
-
national
7 625
-
4 716
-
regional
415
-
260
-
social contributions
14 838
-
9 948
-
total
23 111
-
15 080
-
Employer
44 004
-
29 500
-
total
-
-
-
-
Corporate
-
29 500
-
-
municipal
-
1 150
-
-
nationa
-
7 080
-
-
total
-
8 230
-
-
Dividends
-
21 270
-
-
withholding
-
5 530
-
-
total
-
5 530
-
-
Income
29 500
29 500
29 500
29 500
Total tax
23 111
13 760
15 080
13 412
After tax
6 389
15 740
14 420
16 088
Living cost
20 893
20 893
20 893
20 893
Free-cash
-14 504
-5 153
-6 473
-4 805

Estimated living cost  is ₴20893 per week

₴14564
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.
₴4638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7629
₴5021
₴5659
₴6087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
4 513
other
-
-
-
-
surtax
-
-
-
295
unemployment
-
-
-
113
health
-
-
-
2 094
pensions
-
-
-
5 900
total
-
-
-
12 915
Employee
16 374
-
24 371
-
other
-
-
-
-
unemployment
1 140
-
1 696
-
pensions
1 092
-
1 626
-
surtax
54
-
247
-
income
2 745
-
4 233
-
health
418
-
622
-
total
5 449
-
8 424
-
Employer
16 374
-
24 371
-
health
745
-
1 109
-
pensions
2 183
-
3 248
-
unemployment
519
-
772
-
other
-
-
-
-
total
3 447
-
5 129
-
Corporate
9 680
29 500
-
-
income
2 517
7 670
-
-
total
2 517
7 670
-
-
Dividends
7 163
21 830
-
-
withholding
1 074
3 275
-
-
total
1 074
3 275
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 487
10 945
13 553
12 915
After tax
17 013
18 555
15 947
16 585
Living cost
10 926
10 926
10 926
10 926
Free-cash
6 087
7 629
5 021
5 659

Estimated living cost  is ₴10926 per week

₴6681
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
-₴321
-₴3317
-₴292
-₴5583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
5 533
pensions
-
-
-
1 835
total
-
-
-
7 368
Employee
31 123
-
26 297
-
pensions
2 642
-
2 063
-
income
5 605
-
4 776
-
health
452
-
352
-
total
8 699
-
7 191
-
Employer
31 123
-
26 297
-
health
591
-
499
-
pensions
3 369
-
2 703
-
total
3 960
-
3 202
-
Corporate
-
29 500
-
-
income

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

-
5 605
-
-
total
-
5 605
-
-
Dividends
-
23 895
-
-
withholding
-
1 792
-
-
total
-
1 792
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 659
7 397
10 393
7 368
After tax
16 841
22 103
19 107
22 132
Living cost
22 424
22 424
22 424
22 424
Free-cash
-5 583
-321
-3 317
-292

Estimated living cost  is ₴22424 per week

₴16800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴25727
-₴15698
-₴14200
-₴20767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
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.

-
-
-
590
regional
-
-
-
653
health
-
-
-
128
city
-
-
-
310
national
-
-
-
89
pensions
-
-
-
2 714
total
-
-
-
4 484
Employee
45 893
-
26 404
-
unemployment
-
-
-
-
pensions
3 856
-
2 219
-
national
217
-
72
-
regional
1 503
-
542
-
city
493
-
284
-
health
104
-
59
-
total
6 173
-
3 176
-
Employer
45 893
-
26 404
-
health
104
-
59
-
pensions
3 856
-
2 219
-
unemployment
-
-
-
-
other

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

918
-
528
-
total
4 878
-
2 806
-
Corporate
-
29 500
-
-
regional
-
6 240
-
-
national
-
2 508
-
-
total
-
8 748
-
-
Dividends
-
20 752
-
-
withholding
-
7 263
-
-
total
-
7 263
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 051
16 011
5 982
4 484
After tax
18 449
13 489
23 518
25 016
Living cost
39 216
39 216
39 216
39 216
Free-cash
-20 767
-25 727
-15 698
-14 200

Estimated living cost  is ₴39216 per week

₴25501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3519
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.
₴9713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴8012
-₴176
-₴1288
-₴257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income

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

-
-
-
3 423
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.

-
-
-
188
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.

-
-
-
3 383
trade
-
-
-
1 112
total
-
-
-
8 106
Employee

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

29 756
-
29 500
-
surtax

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

193
-
188
-
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
-
3 423
-
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.

3 383
-
3 383
-
total
7 075
-
6 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 500
-
-
income
-
4 425
-
-
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.

-
243
-
-
chamber of commerce
-
117
-
-
trade
-
5 059
-
-
total
-
9 844
-
-
Dividends
-
19 657
-
-
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.

-
260
-
-
withholding
-
4 726
-
-
total
-
4 986
-
-
Income
29 500
29 500
29 500
29 500
Total tax
7 075
14 830
6 994
8 106
After tax
22 425
14 670
22 506
21 394
Living cost
22 682
22 682
22 682
22 682
Free-cash
-257
-8 012
-176
-1 288

Estimated living cost  is ₴22682 per week

₴16566
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
-₴2071
₴947
₴714
₴852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
1 374
other
-
-
-
914
surtax
-
-
-
-
social contributions
-
-
-
840
health
-
-
-
256
pensions
-
-
-
8 462
total
-
-
-
11 846
Employee
21 191
-
22 479
-
pensions
2 396
-
2 544
-
surtax
-
-
-
-
social contributions
604
-
641
-
income
1 251
-
1 407
-
total
4 251
-
4 592
-
Employer
21 191
-
22 479
-
health
1 484
-
1 574
-
pensions
3 481
-
3 694
-
unemployment
858
-
910
-
social contributions
64
-
68
-
other
731
-
775
-
total
6 618
-
7 021
-
Corporate
1 692
29 500
-
-
income
474
8 260
-
-
surtax
-
-
-
-
total
474
8 260
-
-
Dividends
1 218
21 240
-
-
surtax
-
-
-
-
social contributions
209
3 653
-
-
withholding
156
2 718
-
-
total
365
6 371
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 708
14 631
11 613
11 846
After tax
17 792
14 869
17 887
17 654
Living cost
16 940
16 940
16 940
16 940
Free-cash
852
-2 071
947
714

Estimated living cost  is ₴16940 per week

₴10681
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.
₴4594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴393
₴2625
₴2392
₴2357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
1 374
other
-
-
-
914
surtax
-
-
-
-
social contributions
-
-
-
840
health
-
-
-
256
pensions
-
-
-
8 462
total
-
-
-
11 846
Employee
18 916
-
22 479
-
pensions
2 139
-
2 544
-
surtax
-
-
-
-
social contributions
539
-
641
-
income
975
-
1 407
-
total
3 653
-
4 592
-
Employer
18 916
-
22 479
-
health
1 324
-
1 574
-
pensions
3 108
-
3 694
-
unemployment
766
-
910
-
social contributions
56
-
68
-
other
653
-
775
-
total
5 907
-
7 021
-
Corporate
4 677
29 500
-
-
income
1 310
8 260
-
-
surtax
-
-
-
-
total
1 310
8 260
-
-
Dividends
3 367
21 240
-
-
surtax
-
-
-
-
social contributions
580
3 653
-
-
withholding
431
2 718
-
-
total
1 011
6 371
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 881
14 631
11 613
11 846
After tax
17 619
14 869
17 887
17 654
Living cost
15 262
15 262
15 262
15 262
Free-cash
2 357
-393
2 625
2 392

Estimated living cost  is ₴15262 per week

₴8851
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
₴7499
₴7147
₴8446
₴7755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
4 425
social contributions
-
-
-
4 071
health
-
-
-
2 059
total
-
-
-
10 555
Employee
16 788
-
29 500
-
social contributions
2 317
-
4 071
-
income
2 800
-
5 724
-
health
1 172
-
2 059
-
total
6 289
-
11 854
-
Employer
16 788
-
29 500
-
total
-
-
-
-
Corporate
12 712
29 500
-
-
income

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

635
1 475
-
-
total
635
1 475
-
-
Dividends
12 077
28 025
-
-
social contributions
1 667
3 867
-
-
withholding
1 812
4 204
-
-
health
843
1 956
-
-
total
4 322
10 027
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 246
11 502
11 854
10 555
After tax
18 254
17 998
17 646
18 945
Living cost
10 499
10 499
10 499
10 499
Free-cash
7 755
7 499
7 147
8 446

Estimated living cost  is ₴10499 per week

₴7026
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
-₴573
-₴6255
-₴1200
-₴2930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
2 287
surtax
-
-
-
98
unemployment
-
-
-
3 037
chamber of commerce
-
-
-
118
health
-
-
-
2 257
pensions
-
-
-
5 457
total
-
-
-
13 254
Employee
24 744
19 732
22 830
-
other
247
197
228
-
unemployment
742
592
685
-
pensions
2 534
2 020
2 338
-
income
2 817
1 455
2 268
-
health
957
764
883
-
total
7 297
5 028
6 402
-
Employer
24 744
19 732
22 830
-
chamber of commerce
99
79
91
-
health
935
746
863
-
pensions
3 105
2 477
2 865
-
accident
321
257
297
-
unemployment
742
592
685
-
surtax
98
98
98
-
payroll
742
592
685
-
other
1 175
937
1 085
-
total
7 217
5 778
6 669
-
Corporate
1 879
3 992
20 952
-
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
998
5 238
-
total
470
998
5 238
-
Dividends
-
2 994
-
-
withholding
-
823
-
-
total
-
823
-
-
Income
29 500
29 500
29 500
29 500
Total tax
14 984
12 627
18 309
13 254
After tax
14 516
16 873
11 191
16 246
Living cost
17 446
17 446
17 446
17 446
Free-cash
-2 930
-573
-6 255
-1 200

Estimated living cost  is ₴17446 per week

₴11636
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.
₴4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1435
-₴5460
-₴2358
-₴16226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
communal

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

-
-
-
1 559
social contributions
-
-
-
3 522
national
-
-
-
8 724
total
-
-
-
13 805
Employee

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

35 417
-
22 849
-
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
-
199
-
communal

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

1 847
-
1 191
-
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
-
1 714
-
national
10 889
-
6 077
-
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
-
1 074
-
total
17 364
-
10 255
-
Employer

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

35 417
-
22 849
-
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
-
1 405
-
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
-
2 025
-
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
-
297
-
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
-
334
-
surtax
4 016
-
2 591
-
total
10 309
-
6 652
-
Corporate
-
29 500
-
-
income
-
5 900
-
-
surtax
-
118
-
-
total
-
6 018
-
-
Dividends
-
23 482
-
-
withholding

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

-
6 864
-
-
total
-
6 864
-
-
Income
29 500
29 500
29 500
29 500
Total tax
27 673
12 882
16 907
13 805
After tax
1 827
16 618
12 593
15 695
Living cost
18 053
18 053
18 053
18 053
Free-cash
-16 226
-1 435
-5 460
-2 358

Estimated living cost  is ₴18053 per week

₴11629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2041
-₴1493
-₴1702
-₴3002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
accident
-
-
-
266
income
-
-
-
4 471
other
-
-
-
29
unemployment
-
-
-
207
pensions
-
-
-
8 348
total
-
-
-
13 321
Employee
24 646
-
22 368
-
other
24
-
23
-
unemployment
382
-
347
-
pensions
1 159
-
1 051
-
income
5 200
-
4 560
-
total
6 765
-
5 981
-
Employer
24 646
-
22 368
-
pensions
5 816
-
5 279
-
accident
488
-
443
-
unemployment
1 356
-
1 230
-
other
196
-
179
-
total
7 856
-
7 131
-
Corporate
-
29 500
-
-
income

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

-
4 425
-
-
total
-
4 425
-
-
Dividends
-
25 075
-
-
withholding
-
5 153
-
-
total
-
5 153
-
-
Income
29 500
29 500
29 500
29 500
Total tax
14 621
9 578
13 112
13 321
After tax
14 879
19 922
16 388
16 179
Living cost
17 881
17 881
17 881
17 881
Free-cash
-3 002
2 041
-1 493
-1 702

Estimated living cost  is ₴17881 per week

₴13168
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
-₴8410
-₴6885
-₴7478
-₴12474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
communal
-
-
-
-
accident
-
-
-
266
income
-
-
-
1 311
surtax
-
-
-
1 561
health
-
-
-
2 213
pensions
-
-
-
4 720
total
-
-
-
10 071
Employee
37 496
-
26 351
-
pensions
2 999
-
2 108
-
surtax
2 298
-
1 615
-
income
3 622
-
1 434
-
health
1 669
-
1 173
-
total
10 588
-
6 330
-
Employer
37 496
-
26 351
-
health
1 143
-
803
-
pensions
2 999
-
2 108
-
accident
337
-
237
-
total
4 479
-
3 148
-
Corporate
-
29 500
-
-
communal
-
1 991
-
-
income
-
4 425
-
-
surtax
-
310
-
-
total
-
6 726
-
-
Dividends
-
22 774
-
-
income
-
861
-
-
withholding
-
3 416
-
-
total
-
4 277
-
-
Income
29 500
29 500
29 500
29 500
Total tax
15 067
11 003
9 478
10 071
After tax
14 433
18 497
20 022
19 429
Living cost
26 907
26 907
26 907
26 907
Free-cash
-12 474
-8 410
-6 885
-7 478

Estimated living cost  is ₴26907 per week

₴20185
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.
₴4807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7434
₴4826
₴5464
₴5861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
4 513
other
-
-
-
-
surtax
-
-
-
295
unemployment
-
-
-
113
health
-
-
-
2 094
pensions
-
-
-
5 900
total
-
-
-
12 915
Employee
16 674
-
24 371
-
other
-
-
-
-
unemployment
1 160
-
1 696
-
pensions
1 112
-
1 626
-
surtax
59
-
247
-
income
2 795
-
4 233
-
health
426
-
622
-
total
5 552
-
8 424
-
Employer
16 674
-
24 371
-
health
758
-
1 109
-
pensions
2 223
-
3 248
-
unemployment
529
-
772
-
other
-
-
-
-
total
3 510
-
5 129
-
Corporate
9 315
29 500
-
-
income
2 422
7 670
-
-
total
2 422
7 670
-
-
Dividends
6 893
21 830
-
-
withholding
1 034
3 275
-
-
total
1 034
3 275
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 518
10 945
13 553
12 915
After tax
16 982
18 555
15 947
16 585
Living cost
11 121
11 121
11 121
11 121
Free-cash
5 861
7 434
4 826
5 464

Estimated living cost  is ₴11121 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
₴2168
₴945
₴2601
₴1067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
social contributions
-
-
-
7 587
regional
-
-
-
445
municipal
-
-
-
176
national
-
-
-
5 353
total
-
-
-
13 561
Employee
27 466
-
29 500
-
municipal
146
-
156
-
national
4 351
-
4 716
-
regional
370
-
397
-
social contributions
9 262
-
9 948
-
total
14 129
-
15 217
-
Employer
27 466
-
29 500
-
total
-
-
-
-
Corporate
2 034
29 500
-
-
municipal
101
1 466
-
-
nationa
489
7 080
-
-
total
590
8 546
-
-
Dividends
1 444
20 954
-
-
withholding
376
5 448
-
-
total
376
5 448
-
-
Income
29 500
29 500
29 500
29 500
Total tax
15 095
13 994
15 217
13 561
After tax
14 405
15 506
14 283
15 939
Living cost
13 338
13 338
13 338
13 338
Free-cash
1 067
2 168
945
2 601

Estimated living cost  is ₴13338 per week

₴8295
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
₴5151
-₴190
-₴793
-₴373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
2 536
social contributions
-
-
-
8 614
solidarity contribution
-
-
-
-
health
-
-
-
3 983
total
-
-
-
15 133
Employee
22 294
-
22 015
-
solidarity contribution
-
-
-
-
social contributions
1 449
-
1 431
-
income
2 675
-
2 642
-
health
3 010
-
2 972
-
total
7 134
-
7 045
-
Employer
22 294
-
22 015
-
health
2 006
-
1 981
-
social contributions
5 573
-
5 504
-
total
7 579
-
7 485
-
Corporate
-
29 500
-
-
income
-
5 605
-
-
total
-
5 605
-
-
Dividends
-
23 895
-
-
withholding
-
3 584
-
-
total
-
3 584
-
-
Income
29 500
29 500
29 500
29 500
Total tax
14 713
9 189
14 530
15 133
After tax
14 787
20 311
14 970
14 367
Living cost
15 160
15 160
15 160
15 160
Free-cash
-373
5 151
-190
-793

Estimated living cost  is ₴15160 per week

₴11274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1130
-₴4584
₴548
₴841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
2 287
surtax
-
-
-
-
unemployment
-
-
-
3 037
chamber of commerce
-
-
-
118
health
-
-
-
2 257
pensions
-
-
-
5 457
total
-
-
-
13 156
Employee
21 644
19 732
22 907
-
other
216
197
229
-
unemployment
649
592
687
-
pensions
2 217
2 020
2 345
-
income
1 928
1 455
2 291
-
health
837
764
886
-
total
5 847
5 028
6 438
-
Employer
21 644
19 732
22 907
-
chamber of commerce
86
79
92
-
health
818
746
866
-
pensions
2 716
2 477
2 875
-
accident
281
257
298
-
unemployment
649
592
687
-
surtax
-
-
-
-
payroll
649
592
687
-
other
1 028
937
1 088
-
total
6 227
5 680
6 593
-
Corporate
1 879
4 089
21 028
-
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
1 022
5 257
-
total
470
1 022
5 257
-
Dividends
1 158
3 067
-
-
withholding
319
844
-
-
total
319
844
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 863
12 574
18 288
13 156
After tax
16 637
16 926
11 212
16 344
Living cost
15 796
15 796
15 796
15 796
Free-cash
841
1 130
-4 584
548

Estimated living cost  is ₴15796 per week

₴9476
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.
₴4426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21806
₴17381
₴22986
₴20640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
29 500
microenterprise

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

-
-
-
295
total
-
-
-
295
Employee
7 774
-
29 500
-
income
1 555
-
5 900
-
total
1 555
-
5 900
-
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%.

21 726
29 500
-
-
total
-
-
-
-
Dividends
21 726
29 500
-
-
withholding
1 086
1 475
-
-
total
1 086
1 475
-
-
Income
29 500
29 500
29 500
29 500
Total tax
2 641
1 475
5 900
295
After tax
26 859
28 025
23 600
29 205
Living cost
6 219
6 219
6 219
6 219
Free-cash
20 640
21 806
17 381
22 986

Estimated living cost  is ₴6219 per week

₴4209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7030
₴2013
₴2860
₴2889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income
-
-
-
5 026
unemployment
-
-
-
44
health
-
-
-
2 902
pensions
-
-
-
5 388
total
-
-
-
13 360
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.

21 895
-
25 526
-
unemployment
31
-
36
-
pensions
3 394
-
3 957
-
income
3 776
-
4 591
-
health
1 414
-
1 649
-
total
8 615
-
10 233
-
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.

21 895
-
25 526
-
health
1 458
-
1 700
-
pensions
1 937
-
2 259
-
unemployment
13
-
15
-
total
3 408
-
3 974
-
Corporate
4 196
29 500
-
-
income
798
5 605
-
-
total
798
5 605
-
-
Dividends
3 399
23 895
-
-
withholding
510
3 585
-
-
total
510
3 585
-
-
Income
29 500
29 500
29 500
29 500
Total tax
13 331
9 190
14 207
13 360
After tax
16 169
20 310
15 293
16 140
Living cost
13 280
13 280
13 280
13 280
Free-cash
2 889
7 030
2 013
2 860

Estimated living cost  is ₴13280 per week

₴9114
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
-₴3732
₴1210
-₴1293
-₴45418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
5 750
social contributions
-
-
-
3 363
total
-
-
-
9 113
Employee
31 086
-
-
-
social contributions
2 549
-
363
-
income
6 857
-
-
-
total
9 406
-
363
-
Employer
31 086
-
-
-
social contributions
43 832
-
6 247
-
total
43 832
-
6 247
-
Corporate
-
29 500
-
-
income
-
6 490
-
-
total
-
6 490
-
-
Dividends
-
23 010
-
-
income
-
5 062
-
-
total
-
5 062
-
-
Income
29 500
29 500
29 500
29 500
Total tax
53 238
11 552
6 610
9 113
After tax
-23 738
17 948
22 890
20 387
Living cost
21 680
21 680
21 680
21 680
Free-cash
-45 418
-3 732
1 210
-1 293

Estimated living cost  is ₴21680 per week

₴14067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1248
₴618
₴1453
₴750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income
-
-
-
2 265
surtax
-
-
-
-
social contributions

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

-
-
-
10 251
total
-
-
-
12 516
Employee
22 772
-
23 838
-
surtax
-
-
-
-
social contributions
2 505
-
2 622
-
income
4 737
-
5 068
-
total
7 242
-
7 690
-
Employer
22 772
-
23 838
-
social contributions
5 408
-
5 661
-
total
5 408
-
5 661
-
Corporate
1 320
29 500
-
-
income
277
6 195
-
-
surtax
-
-
-
-
total
277
6 195
-
-
Dividends
1 042
23 305
-
-
withholding
292
6 526
-
-
total
292
6 526
-
-
Income
29 500
29 500
29 500
29 500
Total tax
13 219
12 721
13 351
12 516
After tax
16 281
16 779
16 149
16 984
Living cost
15 531
15 531
15 531
15 531
Free-cash
750
1 248
618
1 453

Estimated living cost  is ₴15531 per week

₴11620
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
-₴9045
-₴6027
-₴6260
-₴11195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
1 374
other
-
-
-
914
surtax
-
-
-
-
social contributions
-
-
-
840
health
-
-
-
256
pensions
-
-
-
8 462
total
-
-
-
11 846
Employee
31 011
-
22 479
-
pensions
3 508
-
2 544
-
surtax
-
-
-
-
social contributions
883
-
641
-
income
2 706
-
1 407
-
total
7 097
-
4 592
-
Employer
31 011
-
22 479
-
health
2 170
-
1 574
-
pensions
5 095
-
3 694
-
unemployment
1 256
-
910
-
social contributions
93
-
68
-
other
1 070
-
775
-
total
9 684
-
7 021
-
Corporate
-
29 500
-
-
income
-
8 260
-
-
surtax
-
-
-
-
total
-
8 260
-
-
Dividends
-
21 240
-
-
surtax
-
-
-
-
social contributions
-
3 653
-
-
withholding
-
2 718
-
-
total
-
6 371
-
-
Income
29 500
29 500
29 500
29 500
Total tax
16 781
14 631
11 613
11 846
After tax
12 719
14 869
17 887
17 654
Living cost
23 914
23 914
23 914
23 914
Free-cash
-11 195
-9 045
-6 027
-6 260

Estimated living cost  is ₴23914 per week

₴16185
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.
₴5445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11667
₴8932
₴8103
₴10003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
23
social contributions
-
-
-
6 491
total
-
-
-
6 514
Employee
15 918
-
25 541
-
income
-
-
67
-
social contributions
1 035
-
1 659
-
total
1 035
-
1 726
-
Employer
15 918
-
25 541
-
social contributions
2 467
-
3 959
-
total
2 467
-
3 959
-
Corporate
11 115
29 500
-
-
income
1 112
2 950
-
-
total
1 112
2 950
-
-
Dividends
10 003
26 550
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
4 614
2 950
5 685
6 514
After tax
24 886
26 550
23 815
22 986
Living cost
14 883
14 883
14 883
14 883
Free-cash
10 003
11 667
8 932
8 103

Estimated living cost  is ₴14883 per week

₴9623
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
-₴78322
-₴78322
-₴4754
-₴78322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
labour market
-
-
-
2 326
municipal
-
-
-
4 842
national
-
-
-
2 824
pensions
-
-
-
429
total
-
-
-
10 421
Employee
100 594
100 594
100 594
-
municipal
21 421
21 421
21 421
-
labour market
8 036
8 036
8 036
-
pensions
143
143
143
-
national
12 289
12 289
12 289
-
total
41 889
41 889
41 889
-
Employer
100 594
100 594
100 594
-
national
12 311
12 311
12 311
-
labour market
8 048
8 048
8 048
-
pensions
286
286
286
-
municipal
21 455
21 455
21 455
-
total
42 100
42 100
42 100
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
83 989
83 989
83 989
10 421
After tax
-54 489
-54 489
-54 489
19 079
Living cost
23 833
23 833
23 833
23 833
Free-cash
-78 322
-78 322
-78 322
-4 754

Estimated living cost  is ₴23833 per week

₴16312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴5047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8484
₴4700
₴9504
₴721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
accident
-
-
-
127
income
-
-
-
5 628
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 087
total
-
-
-
9 122
Employee
17 105
-
24 506
-
pensions
1 926
-
2 759
-
income
2 347
-
3 367
-
health
1 959
-
2 806
-
total
6 232
-
8 932
-
Employer
17 105
-
24 506
-
pensions
2 781
-
3 985
-
accident
286
-
409
-
unemployment
419
-
600
-
total
3 486
-
4 994
-
Corporate
8 909
29 500
-
-
income

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

8 018
26 550
-
-
total
8 018
26 550
-
-
Dividends
891
2 950
-
-
withholding
169
560
-
-
total
169
560
-
-
Income
29 500
29 500
29 500
29 500
Total tax
17 905
27 110
13 926
9 122
After tax
11 595
2 390
15 574
20 378
Living cost
10 874
10 874
10 874
10 874
Free-cash
721
-8 484
4 700
9 504

Estimated living cost  is ₴10874 per week

₴7915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴620
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.
₴2135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1335
-₴846
₴3714
-₴1463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
29 500
health
-
-
-
248
municipal
-
-
-
5 266
national
-
-
-
1 263
total
-
-
-
6 777
Employee
26 050
-
24 817
-
municipal
4 267
-
4 067
-
unemployment
391
-
372
-
pensions
1 758
-
1 675
-
national
430
-
364
-
health
194
-
176
-
total
7 040
-
6 654
-
Employer
26 050
-
24 817
-
health
200
-
191
-
pensions
4 519
-
4 306
-
accident
26
-
24
-
unemployment
169
-
162
-
total
4 914
-
4 683
-
Corporate
-
29 500
-
-
income
-
5 900
-
-
total
-
5 900
-
-
Dividends

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

-
17 700
-
-
municipal
-
3 186
-
-
national
-
70
-
-
total
-
3 256
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 954
9 156
11 337
6 777
After tax
17 546
20 344
18 163
22 723
Living cost
19 009
19 009
19 009
19 009
Free-cash
-1 463
1 335
-846
3 714

Estimated living cost  is ₴19009 per week

₴12417
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
₴6840
₴8776
₴11517
₴7551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
1 164
social contributions
-
-
-
4 602
health
-
-
-
753
total
-
-
-
6 519
Employee
38 073
38 073
38 073
-
social contributions
1 439
3 160
2 223
-
income
4 146
3 524
3 863
-
health
295
647
456
-
total
5 880
7 331
6 542
-
Employer
38 073
38 073
38 073
-
health
320
705
495
-
social contributions
1 439
3 160
2 223
-
total
1 759
3 865
2 718
-
Corporate
10 396
-
-
-
income
1 299
-
-
-
total
1 299
-
-
-
Dividends
9 097
-
-
-
withholding
1 547
-
-
-
total
1 547
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 485
11 196
9 260
6 519
After tax
19 015
18 304
20 240
22 981
Living cost
11 464
11 464
11 464
11 464
Free-cash
7 551
6 840
8 776
11 517

Estimated living cost  is ₴11464 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
₴16568
₴10406
₴14158
₴14049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 500
income
-
-
-
2 525
unemployment
-
-
-
14
health
-
-
-
1 792
pensions
-
-
-
3 150
total
-
-
-
7 481
Employee

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

11 365
-
26 745
-
unemployment
56
-
133
-
pensions
1 704
-
4 012
-
income
777
-
2 061
-
health
966
-
2 273
-
total
3 503
-
8 479
-
Employer

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

11 365
-
26 745
-
health
489
-
1 150
-
pensions
625
-
1 471
-
unemployment
56
-
133
-
total
1 170
-
2 754
-
Corporate
16 965
29 500
-
-
income
1 527
2 655
-
-
total
1 527
2 655
-
-
Dividends
15 438
26 845
-
-
withholding
1 390
2 416
-
-
total
1 390
2 416
-
-
Income
29 500
29 500
29 500
29 500
Total tax
7 590
5 071
11 233
7 481
After tax
21 910
24 429
18 267
22 019
Living cost
7 861
7 861
7 861
7 861
Free-cash
14 049
16 568
10 406
14 158

Estimated living cost  is ₴7861 per week

₴5016
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.
₴2045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6306
₴2773
₴2564
₴3687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
accident
-
-
-
266
income
-
-
-
4 471
other
-
-
-
29
unemployment
-
-
-
207
pensions
-
-
-
8 348
total
-
-
-
13 321
Employee
18 308
-
22 368
-
other
18
-
23
-
unemployment
284
-
347
-
pensions
861
-
1 051
-
income
3 530
-
4 560
-
total
4 693
-
5 981
-
Employer
18 308
-
22 368
-
pensions
4 320
-
5 279
-
accident
363
-
443
-
unemployment
1 007
-
1 230
-
other
147
-
179
-
total
5 837
-
7 131
-
Corporate
5 355
29 500
-
-
income

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

803
4 425
-
-
total
803
4 425
-
-
Dividends
4 552
25 075
-
-
withholding
864
5 153
-
-
total
864
5 153
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 197
9 578
13 112
13 321
After tax
17 303
19 922
16 388
16 179
Living cost
13 616
13 616
13 616
13 616
Free-cash
3 687
6 306
2 773
2 564

Estimated living cost  is ₴13616 per week

₴9190
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
₴17448
₴17583
₴17651
₴17289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
9 681
health
-
-
-
508
pensions
-
-
-
700
total
-
-
-
10 889
Employee
1 462
-
28 712
-
unemployment
15
-
35
-
pensions
132
-
315
-
income
283
-
9 644
-
health
73
-
175
-
total
503
-
10 169
-
Employer
1 462
-
28 712
-
health
139
-
333
-
pensions
161
-
385
-
unemployment
29
-
70
-
total
329
-
788
-
Corporate
27 709
29 500
-
-
income
6 096
6 490
-
-
total
6 096
6 490
-
-
Dividends
21 613
23 010
-
-
withholding
4 323
4 602
-
-
total
4 323
4 602
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 251
11 092
10 957
10 889
After tax
18 249
18 408
18 543
18 611
Living cost
960
960
960
960
Free-cash
17 289
17 448
17 583
17 651

Estimated living cost  is ₴960 per week

₴570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴12752
₴7273
₴6005
₴10315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income
-
-
-
3 782
unemployment
-
-
-
442
health
-
-
-
3 039
pensions
-
-
-
7 670
total
-
-
-
14 933
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.

12 911
-
25 021
-
unemployment
97
-
188
-
pensions
1 808
-
3 503
-
income
1 780
-
4 205
-
health
665
-
1 289
-
total
4 350
-
9 185
-
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.

12 911
-
25 021
-
health
665
-
1 289
-
pensions
1 549
-
3 003
-
unemployment
97
-
188
-
total
2 311
-
4 480
-
Corporate
14 278
29 500
-
-
income
2 142
4 425
-
-
total
2 142
4 425
-
-
Dividends
12 136
25 075
-
-
withholding
1 820
3 761
-
-
total
1 820
3 761
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 623
8 186
13 665
14 933
After tax
18 877
21 314
15 835
14 567
Living cost
8 562
8 562
8 562
8 562
Free-cash
10 315
12 752
7 273
6 005

Estimated living cost  is ₴8562 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₴3431
₴2801
₴3636
₴3253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income
-
-
-
2 265
surtax
-
-
-
-
social contributions

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

-
-
-
10 251
total
-
-
-
12 516
Employee
19 217
-
23 838
-
surtax
-
-
-
-
social contributions
2 114
-
2 622
-
income
3 755
-
5 068
-
total
5 869
-
7 690
-
Employer
19 217
-
23 838
-
social contributions
4 564
-
5 661
-
total
4 564
-
5 661
-
Corporate
5 719
29 500
-
-
income
1 201
6 195
-
-
surtax
-
-
-
-
total
1 201
6 195
-
-
Dividends
4 518
23 305
-
-
withholding
1 265
6 526
-
-
total
1 265
6 526
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 899
12 721
13 351
12 516
After tax
16 601
16 779
16 149
16 984
Living cost
13 348
13 348
13 348
13 348
Free-cash
3 253
3 431
2 801
3 636

Estimated living cost  is ₴13348 per week

₴9454
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
₴2521
-₴1013
-₴1222
-₴2036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
accident
-
-
-
266
income
-
-
-
4 471
other
-
-
-
29
unemployment
-
-
-
207
pensions
-
-
-
8 348
total
-
-
-
13 321
Employee
23 912
-
22 368
-
other
23
-
23
-
unemployment
370
-
347
-
pensions
1 124
-
1 051
-
income
4 994
-
4 560
-
total
6 511
-
5 981
-
Employer
23 912
-
22 368
-
pensions
5 643
-
5 279
-
accident
474
-
443
-
unemployment
1 315
-
1 230
-
other
192
-
179
-
total
7 624
-
7 131
-
Corporate
-
29 500
-
-
income

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

-
4 425
-
-
total
-
4 425
-
-
Dividends
-
25 075
-
-
withholding
-
5 153
-
-
total
-
5 153
-
-
Income
29 500
29 500
29 500
29 500
Total tax
14 135
9 578
13 112
13 321
After tax
15 365
19 922
16 388
16 179
Living cost
17 401
17 401
17 401
17 401
Free-cash
-2 036
2 521
-1 013
-1 222

Estimated living cost  is ₴17401 per week

₴12497
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
₴16709
₴12480
₴11945
₴13690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
4 425
unemployment
-
-
-
69
health
-
-
-
1 988
pensions

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

-
-
-
2 559
total
-
-
-
9 041
Employee
11 274
-
26 108
-
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
-
1 518
-
income
1 128
-
2 611
-
health
519
-
795
-
total
2 761
-
5 114
-
Employer
11 274
-
26 108
-
health
778
-
1 193
-
pensions

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

1 242
-
1 905
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 212
-
3 392
-
Corporate
16 014
29 500
-
-
income
1 602
2 950
-
-
total
1 602
2 950
-
-
Dividends
14 412
26 550
-
-
withholding
721
1 327
-
-
total
721
1 327
-
-
Income
29 500
29 500
29 500
29 500
Total tax
7 296
4 277
8 506
9 041
After tax
22 204
25 223
20 994
20 459
Living cost
8 514
8 514
8 514
8 514
Free-cash
13 690
16 709
12 480
11 945

Estimated living cost  is ₴8514 per week

₴5631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3839
₴3390
₴2460
₴2637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income

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

-
-
-
3 423
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.

-
-
-
188
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.

-
-
-
3 383
trade
-
-
-
930
total
-
-
-
7 924
Employee

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

24 636
-
29 500
-
surtax

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

112
-
188
-
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
-
3 423
-
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.

3 383
-
3 383
-
total
5 521
-
6 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 864
29 500
-
-
income
730
4 425
-
-
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.

40
243
-
-
chamber of commerce
83
118
-
-
trade
698
4 233
-
-
total
1 551
9 019
-
-
Dividends
3 313
20 481
-
-
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.

35
272
-
-
withholding
640
4 932
-
-
total
675
5 204
-
-
Income
29 500
29 500
29 500
29 500
Total tax
7 747
14 223
6 994
7 924
After tax
21 753
15 277
22 506
21 576
Living cost
19 116
19 116
19 116
19 116
Free-cash
2 637
-3 839
3 390
2 460

Estimated living cost  is ₴19116 per week

₴13186
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.
₴3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7555
-₴5256
-₴5256
-₴9231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
4 349
social contributions
-
-
-
2 202
total
-
-
-
6 551
Employee
38 730
-
29 500
-
income
7 308
-
4 349
-
social contributions
3 218
-
2 202
-
total
10 526
-
6 551
-
Employer
38 730
-
29 500
-
total
-
-
-
-
Corporate
-
29 500
-
-
income
-
3 688
-
-
total
-
3 688
-
-
Dividends
-
25 812
-
-
withholding
-
5 162
-
-
total
-
5 162
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 526
8 850
6 551
6 551
After tax
18 974
20 650
22 949
22 949
Living cost
28 205
28 205
28 205
28 205
Free-cash
-9 231
-7 555
-5 256
-5 256

Estimated living cost  is ₴28205 per week

₴21458
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
-₴1414
₴3380
-₴5546
₴1453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income
-
-
-
14 094
health

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

-
-
-
2 979
total
-
-
-
17 073
Employee
22 714
-
27 222
-
income
2 465
-
3 591
-
social contributions
2 276
-
2 278
-
total
4 741
-
5 869
-
Employer
22 714
-
27 222
-
social contributions
2 276
-
2 278
-
total
2 276
-
2 278
-
Corporate
4 511
29 500
-
-
income
1 579
10 325
-
-
total
1 579
10 325
-
-
Dividends
2 932
19 175
-
-
social contributions
1 478
2 616
-
-
total
1 478
2 616
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 074
12 941
8 147
17 073
After tax
19 426
16 559
21 353
12 427
Living cost
17 973
17 973
17 973
17 973
Free-cash
1 453
-1 414
3 380
-5 546

Estimated living cost  is ₴17973 per week

₴11839
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
₴3873
₴877
₴3902
₴1103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
income
-
-
-
5 533
pensions
-
-
-
1 835
total
-
-
-
7 368
Employee
25 023
-
26 297
-
pensions
1 910
-
2 063
-
income
4 557
-
4 776
-
health
326
-
352
-
total
6 793
-
7 191
-
Employer
25 023
-
26 297
-
health
476
-
499
-
pensions
2 528
-
2 703
-
total
3 004
-
3 202
-
Corporate
1 473
29 500
-
-
income

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

280
5 605
-
-
total
280
5 605
-
-
Dividends
1 193
23 895
-
-
withholding
90
1 792
-
-
total
90
1 792
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 167
7 397
10 393
7 368
After tax
19 333
22 103
19 107
22 132
Living cost
18 230
18 230
18 230
18 230
Free-cash
1 103
3 873
877
3 902

Estimated living cost  is ₴18230 per week

₴12506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴9560
₴3624
₴8428
₴558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
accident
-
-
-
127
income
-
-
-
5 628
other
-
-
-
186
health
-
-
-
1 094
pensions
-
-
-
2 087
total
-
-
-
9 122
Employee
18 798
-
24 506
-
pensions
2 117
-
2 759
-
income
2 579
-
3 367
-
health
2 152
-
2 806
-
total
6 848
-
8 932
-
Employer
18 798
-
24 506
-
pensions
3 056
-
3 985
-
accident
314
-
409
-
unemployment
460
-
600
-
total
3 830
-
4 994
-
Corporate
6 871
29 500
-
-
income

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

6 184
26 550
-
-
total
6 184
26 550
-
-
Dividends
687
2 950
-
-
withholding
130
560
-
-
total
130
560
-
-
Income
29 500
29 500
29 500
29 500
Total tax
16 992
27 110
13 926
9 122
After tax
12 508
2 390
15 574
20 378
Living cost
11 950
11 950
11 950
11 950
Free-cash
558
-9 560
3 624
8 428

Estimated living cost  is ₴11950 per week

₴8770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴696
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.
₴2243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴18387
₴10708
₴10708
₴15980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 500
income
-
-
-
3 991
unemployment
-
-
-
354
work injury
-
-
-
148
health insurance
-
-
-
2 183
pensions
-
-
-
5 428
total
-
-
-
12 104
Employee

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

10 700
-
29 500
-
health insurance
792
-
2 183
-
unemployment
128
-
354
-
work injury
53
-
148
-
pensions
1 969
-
5 428
-
income
1 070
-
3 991
-
total
4 012
-
12 104
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 800
29 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
18 800
29 500
-
-
withholding
2 820
4 425
-
-
total
2 820
4 425
-
-
Income
29 500
29 500
29 500
29 500
Total tax
6 832
4 425
12 104
12 104
After tax
22 668
25 075
17 396
17 396
Living cost
6 688
6 688
6 688
6 688
Free-cash
15 980
18 387
10 708
10 708

Estimated living cost  is ₴6688 per week

₴4143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₴4187
-₴5458
-₴3819
-₴12224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
social contributions
-
-
-
7 587
regional
-
-
-
457
municipal
-
-
-
197
national
-
-
-
5 353
total
-
-
-
13 594
Employee
41 723
-
29 500
-
municipal
249
-
176
-
national
7 051
-
4 716
-
regional
630
-
393
-
social contributions
14 069
-
9 948
-
total
21 999
-
15 233
-
Employer
41 723
-
29 500
-
total
-
-
-
-
Corporate
-
29 500
-
-
municipal
-
1 422
-
-
nationa
-
7 080
-
-
total
-
8 502
-
-
Dividends
-
20 998
-
-
withholding
-
5 460
-
-
total
-
5 460
-
-
Income
29 500
29 500
29 500
29 500
Total tax
21 999
13 962
15 233
13 594
After tax
7 501
15 538
14 267
15 906
Living cost
19 725
19 725
19 725
19 725
Free-cash
-12 224
-4 187
-5 458
-3 819

Estimated living cost  is ₴19725 per week

₴13855
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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