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

Valencia , Spain
₴9935
₴7325
₴7393
₴11528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
197
income
-
-
-
5 313
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 965
total
-
-
-
13 757
Employee
11 228
-
22 368
-
unemployment
174
-
347
-
pensions
528
-
1 051
-
income
2 165
-
5 274
-
other
11
-
22
-
total
2 878
-
6 694
-
Employer
11 228
-
22 368
-
pensions
2 650
-
5 279
-
accident
222
-
443
-
unemployment
618
-
1 230
-
other
90
-
179
-
total
3 580
-
7 131
-
Corporate
14 692
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.

2 204
4 425
-
-
total
2 204
4 425
-
-
Dividends
12 488
25 075
-
-
withholding
2 553
5 197
-
-
total
2 553
5 197
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 215
9 622
13 825
13 757
After tax
18 285
19 878
15 675
15 743
Living cost
8 350
8 350
8 350
8 350
Free-cash
9 935
11 528
7 325
7 393

Estimated living cost  is ₴8350 per week

₴5636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴11533
₴9199
₴7882
₴13583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
7 081
income
-
-
-
3 747
other
-
-
-
1 401
health
-
-
-
1 298
total
-
-
-
13 527
Employee
11 026
-
23 563
-
health
154
-
330
-
unemployment
110
-
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.

772
-
1 650
-
income
1 898
-
4 056
-
total
2 934
-
6 272
-
Employer
11 026
-
23 563
-
health
154
-
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.

1 875
-
4 006
-
accident
88
-
188
-
unemployment
110
-
236
-
other
551
-
1 178
-
total
2 778
-
5 938
-
Corporate
15 696
29 500
-
-
income
3 296
6 195
-
-
total
3 296
6 195
-
-
Dividends
12 399
23 305
-
-
withholding
868
1 631
-
-
total
868
1 631
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 876
7 826
12 210
13 527
After tax
19 624
21 674
17 290
15 973
Living cost
8 091
8 091
8 091
8 091
Free-cash
11 533
13 583
9 199
7 882

Estimated living cost  is ₴8091 per week

₴5717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴19827
₴19155
₴18258
₴21239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
4 425
health
-
-
-
1 220
total
-
-
-
7 258
Employee
5 275
-
27 418
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
2 742
-
total
1 291
-
4 279
-
Employer
5 275
-
27 418
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
23 190
29 500
-
-
income
2 319
2 950
-
-
total
2 319
2 950
-
-
Dividends
20 871
26 550
-
-
withholding
1 044
1 327
-
-
total
1 044
1 327
-
-
Income
29 500
29 500
29 500
29 500
Total tax
5 689
4 277
6 361
7 258
After tax
23 811
25 223
23 139
22 242
Living cost
3 984
3 984
3 984
3 984
Free-cash
19 827
21 239
19 155
18 258

Estimated living cost  is ₴3984 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴6273
₴6352
₴6624
₴4479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 687
other
-
-
-
916
health
-
-
-
498
social contributions
-
-
-
840
pensions
-
-
-
7 546
surtax
-
-
-
-
total
-
-
-
12 487
Employee
12 996
-
22 479
-
pensions
1 469
-
2 542
-
income
767
-
2 556
-
social contributions
371
-
641
-
surtax
-
-
-
-
total
2 607
-
5 739
-
Employer
12 996
-
22 479
-
health
910
-
1 574
-
social contributions
39
-
67
-
pensions
2 135
-
3 693
-
unemployment
526
-
910
-
other
448
-
776
-
total
4 058
-
7 020
-
Corporate
12 445
29 500
-
-
income
3 485
8 260
-
-
surtax
-
-
-
-
total
3 485
8 260
-
-
Dividends
8 960
21 240
-
-
social contributions
1 541
3 653
-
-
surtax
-
-
-
-
withholding
1 147
2 719
-
-
total
2 688
6 372
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 838
14 632
12 759
12 487
After tax
16 662
14 868
16 741
17 013
Living cost
10 389
10 389
10 389
10 389
Free-cash
6 273
4 479
6 352
6 624

Estimated living cost  is ₴10389 per week

₴6551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-₴656
-₴656
₴4028
₴1048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 558
income
-
-
-
5 604
health
-
-
-
3 589
total
-
-
-
12 751
Employee
25 932
25 932
25 932
-
health
3 980
3 386
3 980
-
pensions
4 668
3 558
4 668
-
income

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

4 245
4 245
4 245
-
total
12 893
11 189
12 893
-
Employer
25 932
25 932
25 932
-
health
1 803
1 803
1 803
-
pensions
1 805
1 805
1 805
-
unemployment
934
934
934
-
total
4 542
4 542
4 542
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
17 435
15 731
17 435
12 751
After tax
12 065
13 769
12 065
16 749
Living cost
12 721
12 721
12 721
12 721
Free-cash
-656
1 048
-656
4 028

Estimated living cost  is ₴12721 per week

₴9015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴9078
₴11907
₴9484
₴5720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
29 500
trade
-
-
-
2 423
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.

-
-
-
5 990
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.

-
-
-
2 075
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.

-
-
-
330
total
-
-
-
10 818
Employee

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

11 615
-
29 500
-
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.

2 075
-
2 075
-
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.

324
-
5 990
-
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.

18
-
330
-
total
2 417
-
8 395
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 885
29 500
-
-
income
2 683
4 425
-
-
trade
2 817
4 646
-
-
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.

148
243
-
-
chamber of commerce
72
89
-
-
total
5 720
9 403
-
-
Dividends
12 166
20 097
-
-
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.

161
270
-
-
withholding
2 926
4 909
-
-
total
3 087
5 179
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 224
14 582
8 395
10 818
After tax
18 276
14 918
21 105
18 682
Living cost
9 198
9 198
9 198
9 198
Free-cash
9 078
5 720
11 907
9 484

Estimated living cost  is ₴9198 per week

₴5786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1072
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.
₴2168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Larnaca , Cyprus
₴12915
₴13984
₴14015
₴14567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 100
health
-
-
-
752
social contributions
-
-
-
4 602
total
-
-
-
8 454
Employee
23 350
23 350
26 782
-
health
181
397
455
-
income
2 542
2 162
3 088
-
social contributions
883
1 938
2 223
-
total
3 606
4 497
5 766
-
Employer
23 350
23 350
26 782
-
health
197
432
496
-
social contributions
883
1 938
2 223
-
total
1 080
2 370
2 719
-
Corporate
17 784
3 780
-
-
income
2 223
473
-
-
total
2 223
473
-
-
Dividends
15 561
3 307
-
-
withholding
2 645
562
-
-
total
2 645
562
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 554
7 902
8 485
8 454
After tax
19 946
21 598
21 015
21 046
Living cost
7 031
7 031
7 031
7 031
Free-cash
12 915
14 567
13 984
14 015

Estimated living cost  is ₴7031 per week

₴4214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴6948
₴5575
₴7014
₴7254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 710
social contributions

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

-
-
-
10 251
surtax
-
-
-
-
total
-
-
-
12 961
Employee
13 966
-
23 838
-
income
2 905
-
6 116
-
social contributions
1 536
-
2 622
-
surtax
-
-
-
-
total
4 441
-
8 738
-
Employer
13 966
-
23 838
-
social contributions
3 317
-
5 662
-
total
3 317
-
5 662
-
Corporate
12 217
29 500
-
-
income
2 566
6 195
-
-
surtax
-
-
-
-
total
2 566
6 195
-
-
Dividends
9 651
23 305
-
-
withholding
2 703
6 526
-
-
total
2 703
6 526
-
-
Income
29 500
29 500
29 500
29 500
Total tax
13 027
12 721
14 400
12 961
After tax
16 473
16 779
15 100
16 539
Living cost
9 525
9 525
9 525
9 525
Free-cash
6 948
7 254
5 575
7 014

Estimated living cost  is ₴9525 per week

₴7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴25335
₴21334
₴26939
₴25759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
2 832
-
29 500
-
income
566
-
5 900
-
total
566
-
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%.

26 668
29 500
-
-
total
-
-
-
-
Dividends
26 668
29 500
-
-
withholding
1 333
1 475
-
-
total
1 333
1 475
-
-
Income
29 500
29 500
29 500
29 500
Total tax
1 899
1 475
5 900
295
After tax
27 601
28 025
23 600
29 205
Living cost
2 266
2 266
2 266
2 266
Free-cash
25 335
25 759
21 334
26 939

Estimated living cost  is ₴2266 per week

₴1404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Ljubljana , Slovenia
₴9626
₴6309
₴7156
₴12166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 387
unemployment
-
-
-
44
income
-
-
-
5 865
health
-
-
-
2 903
total
-
-
-
14 199
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.

13 428
-
25 526
-
health
867
-
1 649
-
unemployment
19
-
36
-
pensions
2 081
-
3 957
-
income
2 316
-
5 429
-
total
5 283
-
11 071
-
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.

13 428
-
25 526
-
health
894
-
1 700
-
pensions
1 188
-
2 259
-
unemployment
8
-
16
-
total
2 090
-
3 975
-
Corporate
13 981
29 500
-
-
income
2 657
5 605
-
-
total
2 657
5 605
-
-
Dividends
11 325
23 895
-
-
withholding
1 699
3 584
-
-
total
1 699
3 584
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 729
9 189
15 046
14 199
After tax
17 771
20 311
14 454
15 301
Living cost
8 145
8 145
8 145
8 145
Free-cash
9 626
12 166
6 309
7 156

Estimated living cost  is ₴8145 per week

₴5590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴7830
₴10629
₴7894
₴6548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 644
health

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

-
-
-
1 939
total
-
-
-
10 583
Employee
13 930
-
28 103
-
social contributions
1 396
-
1 397
-
income
1 512
-
5 054
-
total
2 908
-
6 451
-
Employer
13 930
-
28 103
-
social contributions
1 396
-
1 397
-
total
1 396
-
1 397
-
Corporate
14 174
29 500
-
-
income
4 961
10 325
-
-
total
4 961
10 325
-
-
Dividends
9 213
19 175
-
-
social contributions
1 382
1 604
-
-
total
1 382
1 604
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 647
11 929
7 848
10 583
After tax
18 853
17 571
21 652
18 917
Living cost
11 023
11 023
11 023
11 023
Free-cash
7 830
6 548
10 629
7 894

Estimated living cost  is ₴11023 per week

₴7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴11715
₴12602
₴12506
₴11559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 059
social contributions
-
-
-
4 071
total
-
-
-
10 555
Employee
10 296
-
29 500
-
health
719
-
2 059
-
income
1 717
-
4 329
-
social contributions
1 421
-
4 071
-
total
3 857
-
10 459
-
Employer
10 296
-
29 500
-
total
-
-
-
-
Corporate
19 204
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%.

960
1 475
-
-
total
960
1 475
-
-
Dividends
18 244
28 025
-
-
social contributions
2 518
3 867
-
-
withholding
2 737
4 204
-
-
health
1 274
1 956
-
-
total
6 529
10 027
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 346
11 502
10 459
10 555
After tax
18 154
17 998
19 041
18 945
Living cost
6 439
6 439
6 439
6 439
Free-cash
11 715
11 559
12 602
12 506

Estimated living cost  is ₴6439 per week

₴4309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴8782
₴6473
₴5871
₴11814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 982
social contributions
-
-
-
8 614
solidarity contribution
-
-
-
-
total
-
-
-
15 132
Employee
12 495
-
22 015
-
health
1 687
-
2 972
-
solidarity contribution
-
-
-
-
income
1 499
-
2 642
-
social contributions
812
-
1 431
-
total
3 998
-
7 045
-
Employer
12 495
-
22 015
-
health
1 125
-
1 981
-
social contributions
3 124
-
5 504
-
total
4 249
-
7 485
-
Corporate
12 757
29 500
-
-
income
2 424
5 605
-
-
total
2 424
5 605
-
-
Dividends
10 333
23 895
-
-
withholding
1 550
3 584
-
-
total
1 550
3 584
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 221
9 189
14 530
15 132
After tax
17 279
20 311
14 970
14 368
Living cost
8 497
8 497
8 497
8 497
Free-cash
8 782
11 814
6 473
5 871

Estimated living cost  is ₴8497 per week

₴6319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴23832
₴20069
₴25674
₴24494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
4 414
-
29 500
-
income
883
-
5 900
-
total
883
-
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%.

25 086
29 500
-
-
total
-
-
-
-
Dividends
25 086
29 500
-
-
withholding
1 254
1 475
-
-
total
1 254
1 475
-
-
Income
29 500
29 500
29 500
29 500
Total tax
2 137
1 475
5 900
295
After tax
27 363
28 025
23 600
29 205
Living cost
3 531
3 531
3 531
3 531
Free-cash
23 832
24 494
20 069
25 674

Estimated living cost  is ₴3531 per week

₴2389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴118
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Paris , France
₴2291
₴2074
₴2346
₴201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 687
other
-
-
-
916
health
-
-
-
498
social contributions
-
-
-
840
pensions
-
-
-
7 546
surtax
-
-
-
-
total
-
-
-
12 487
Employee
19 019
-
22 479
-
pensions
2 151
-
2 542
-
income
1 659
-
2 556
-
social contributions
542
-
641
-
surtax
-
-
-
-
total
4 352
-
5 739
-
Employer
19 019
-
22 479
-
health
1 331
-
1 574
-
social contributions
57
-
67
-
pensions
3 125
-
3 693
-
unemployment
770
-
910
-
other
656
-
776
-
total
5 939
-
7 020
-
Corporate
4 541
29 500
-
-
income
1 271
8 260
-
-
surtax
-
-
-
-
total
1 271
8 260
-
-
Dividends
3 270
21 240
-
-
social contributions
562
3 653
-
-
surtax
-
-
-
-
withholding
418
2 719
-
-
total
980
6 372
-
-
Income
29 500
29 500
29 500
29 500
Total tax
12 542
14 632
12 759
12 487
After tax
16 958
14 868
16 741
17 013
Living cost
14 667
14 667
14 667
14 667
Free-cash
2 291
201
2 074
2 346

Estimated living cost  is ₴14667 per week

₴9926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴14596
₴10285
₴10286
₴16083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 812
unemployment
-
-
-
335
income
-
-
-
5 534
health
-
-
-
2 302
total
-
-
-
13 983
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.

7 888
-
25 499
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 130
-
income
1 087
-
5 534
-
total
2 656
-
9 983
-
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.

7 888
-
25 499
-
health
406
-
1 151
-
pensions
947
-
2 682
-
unemployment
59
-
168
-
total
1 412
-
4 001
-
Corporate
20 200
29 500
-
-
income
3 030
4 425
-
-
total
3 030
4 425
-
-
Dividends
17 170
25 075
-
-
withholding
2 575
3 761
-
-
total
2 575
3 761
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 673
8 186
13 984
13 983
After tax
19 827
21 314
15 516
15 517
Living cost
5 231
5 231
5 231
5 231
Free-cash
14 596
16 083
10 285
10 286

Estimated living cost  is ₴5231 per week

₴3522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴1555
₴2203
₴3664
-₴7370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
2 714
city
-
-
-
311
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
health
-
-
-
68
regional
-
-
-
1 072
national
-
-
-
221
total
-
-
-
4 976
Employee
24 411
-
26 404
-
health
55
-
59
-
unemployment
-
-
-
-
city
262
-
283
-
pensions
2 051
-
2 218
-
regional
799
-
911
-
national
116
-
161
-
total
3 283
-
3 632
-
Employer
24 411
-
26 404
-
health
55
-
59
-
pensions
2 051
-
2 218
-
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.

488
-
528
-
total
2 594
-
2 805
-
Corporate
2 226
29 500
-
-
regional
471
6 239
-
-
national
189
2 507
-
-
total
660
8 746
-
-
Dividends
1 566
20 753
-
-
withholding
548
7 264
-
-
total
548
7 264
-
-
Income
29 500
29 500
29 500
29 500
Total tax
7 085
16 010
6 437
4 976
After tax
22 415
13 490
23 063
24 524
Living cost
20 860
20 860
20 860
20 860
Free-cash
1 555
-7 370
2 203
3 664

Estimated living cost  is ₴20860 per week

₴13565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Helsinki , Finland
₴7272
₴5242
₴9387
₴8023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 251
health
-
-
-
327
national
-
-
-
2 877
total
-
-
-
8 455
Employee
15 976
-
24 817
-
health
119
-
255
-
unemployment
240
-
372
-
pensions
1 078
-
1 675
-
national
264
-
1 563
-
municipal
2 617
-
4 052
-
total
4 318
-
7 917
-
Employer
15 976
-
24 817
-
health
123
-
191
-
pensions
2 772
-
4 306
-
accident
16
-
25
-
unemployment
104
-
161
-
total
3 015
-
4 683
-
Corporate
10 509
29 500
-
-
income
2 102
5 900
-
-
total
2 102
5 900
-
-
Dividends

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

6 306
17 700
-
-
municipal
1 135
3 186
-
-
national
-
733
-
-
total
1 135
3 919
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 570
9 819
12 600
8 455
After tax
18 930
19 681
16 900
21 045
Living cost
11 658
11 658
11 658
11 658
Free-cash
7 272
8 023
5 242
9 387

Estimated living cost  is ₴11658 per week

₴7615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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.

Brussels , Belgium
₴921
₴480
₴2889
₴5476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 500
communal

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

-
-
-
1 497
social contributions
-
-
-
4 555
national
-
-
-
9 487
total
-
-
-
15 539
Employee

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

21 721
-
22 848
-
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.

1 021
-
1 074
-
communal

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

1 133
-
1 192
-
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.

189
-
199
-
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.

1 629
-
1 714
-
national
6 678
-
7 118
-
total
10 650
-
11 297
-
Employer

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

21 721
-
22 848
-
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.

1 336
-
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.

1 925
-
2 024
-
surtax
2 463
-
2 591
-
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.

282
-
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.

317
-
334
-
total
6 323
-
6 651
-
Corporate
1 456
29 500
-
-
income
291
5 900
-
-
surtax
6
118
-
-
total
297
6 018
-
-
Dividends
1 159
23 482
-
-
withholding

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

237
6 934
-
-
total
237
6 934
-
-
Income
29 500
29 500
29 500
29 500
Total tax
17 507
12 952
17 948
15 539
After tax
11 993
16 548
11 552
13 961
Living cost
11 072
11 072
11 072
11 072
Free-cash
921
5 476
480
2 889

Estimated living cost  is ₴11072 per week

₴7132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴2720
₴2661
₴1776
₴3014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
29
municipal
-
-
-
6 318
other
-
-
-
3 334
health
-
-
-
1 791
national
-
-
-
-
accident
-
-
-
57
pensions
-
-
-
3 102
total
-
-
-
14 631
Employee
18 656
-
22 447
-
national
-
-
-
-
municipal
5 563
-
6 694
-
total
5 563
-
6 694
-
Employer
18 656
-
22 447
-
health
1 147
-
1 380
-
pensions
2 017
-
2 426
-
accident
37
-
45
-
unemployment
493
-
593
-
other
2 168
-
2 608
-
total
5 862
-
7 052
-
Corporate
4 982
29 500
-
-
income
1 096
6 490
-
-
total
1 096
6 490
-
-
Dividends
3 886
23 010
-
-
withholding
1 166
6 903
-
-
total
1 166
6 903
-
-
Income
29 500
29 500
29 500
29 500
Total tax
13 687
13 393
13 746
14 631
After tax
15 813
16 107
15 754
14 869
Living cost
13 093
13 093
13 093
13 093
Free-cash
2 720
3 014
2 661
1 776

Estimated living cost  is ₴13093 per week

₴8677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴20379
₴10665
₴5953
₴3514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
20 697
-
-
-
income
4 565
-
-
-
social contributions
1 697
-
242
-
total
6 262
-
242
-
Employer
20 697
-
-
-
social contributions
29 183
-
4 159
-
total
29 183
-
4 159
-
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
35 445
11 552
4 401
9 113
After tax
-5 945
17 948
25 099
20 387
Living cost
14 434
14 434
14 434
14 434
Free-cash
-20 379
3 514
10 665
5 953

Estimated living cost  is ₴14434 per week

₴9366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴10491
₴11166
₴11197
₴11749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 100
health
-
-
-
752
social contributions
-
-
-
4 602
total
-
-
-
8 454
Employee
23 350
23 350
26 782
-
health
232
397
455
-
income
2 452
2 162
3 088
-
social contributions
1 135
1 938
2 223
-
total
3 819
4 497
5 766
-
Employer
23 350
23 350
26 782
-
health
253
432
496
-
social contributions
1 135
1 938
2 223
-
total
1 388
2 370
2 719
-
Corporate
14 444
3 780
-
-
income
1 805
473
-
-
total
1 805
473
-
-
Dividends
12 639
3 307
-
-
withholding
2 148
562
-
-
total
2 148
562
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 160
7 902
8 485
8 454
After tax
20 340
21 598
21 015
21 046
Living cost
9 849
9 849
9 849
9 849
Free-cash
10 491
11 749
11 166
11 197

Estimated living cost  is ₴9849 per week

₴6733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴9551
₴7576
₴10350
₴10805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 089
pensions
-
-
-
2 165
total
-
-
-
8 254
Employee
14 956
-
25 975
-
health
195
-
421
-
pensions
1 142
-
2 464
-
income
2 724
-
4 618
-
total
4 061
-
7 503
-
Employer
14 956
-
25 975
-
health
284
-
494
-
pensions
1 511
-
3 031
-
total
1 795
-
3 525
-
Corporate
12 749
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.

2 422
5 605
-
-
total
2 422
5 605
-
-
Dividends
10 327
23 895
-
-
withholding
775
2 194
-
-
total
775
2 194
-
-
Income
29 500
29 500
29 500
29 500
Total tax
9 053
7 799
11 028
8 254
After tax
20 447
21 701
18 472
21 246
Living cost
10 896
10 896
10 896
10 896
Free-cash
9 551
10 805
7 576
10 350

Estimated living cost  is ₴10896 per week

₴7474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Rome , Italy
₴2061
₴1483
₴2831
₴3442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
197
regional
-
-
-
581
social contributions
-
-
-
7 588
national
-
-
-
6 206
total
-
-
-
14 572
Employee
25 589
-
29 500
-
social contributions
8 628
-
9 947
-
regional
386
-
488
-
national
4 324
-
5 309
-
municipal
153
-
176
-
total
13 491
-
15 920
-
Employer
25 589
-
29 500
-
total
-
-
-
-
Corporate
3 911
29 500
-
-
nationa
939
7 080
-
-
municipal
188
1 422
-
-
total
1 127
8 502
-
-
Dividends
2 784
20 998
-
-
withholding
724
5 459
-
-
total
724
5 459
-
-
Income
29 500
29 500
29 500
29 500
Total tax
15 342
13 961
15 920
14 572
After tax
14 158
15 539
13 580
14 928
Living cost
12 097
12 097
12 097
12 097
Free-cash
2 061
3 442
1 483
2 831

Estimated living cost  is ₴12097 per week

₴8498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴1385
₴8663
₴13696
-₴4165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 239
income
-
-
-
7 176
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
9 250
Employee
10 309
-
25 181
-
health
1 180
-
2 883
-
pensions
1 161
-
2 273
-
income
1 414
-
4 808
-
total
3 755
-
9 964
-
Employer
10 309
-
25 181
-
pensions
1 676
-
3 282
-
accident
172
-
420
-
unemployment
253
-
617
-
total
2 101
-
4 319
-
Corporate
17 089
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.

15 380
26 550
-
-
total
15 380
26 550
-
-
Dividends
1 709
2 950
-
-
withholding
325
561
-
-
total
325
561
-
-
Income
29 500
29 500
29 500
29 500
Total tax
21 561
27 111
14 283
9 250
After tax
7 939
2 389
15 217
20 250
Living cost
6 554
6 554
6 554
6 554
Free-cash
1 385
-4 165
8 663
13 696

Estimated living cost  is ₴6554 per week

₴4803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
₴7469
₴9381
₴7174
₴3499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
2 207
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.

-
-
-
5 990
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.

-
-
-
2 075
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.

-
-
-
330
total
-
-
-
10 602
Employee

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

15 109
-
29 500
-
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.

2 075
-
2 075
-
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.

1 242
-
5 990
-
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.

69
-
330
-
total
3 386
-
8 395
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 391
29 500
-
-
income
2 159
4 425
-
-
trade
2 065
4 233
-
-
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.

119
243
-
-
chamber of commerce
67
89
-
-
total
4 410
8 990
-
-
Dividends
9 981
20 509
-
-
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.

131
275
-
-
withholding
2 380
5 012
-
-
total
2 511
5 287
-
-
Income
29 500
29 500
29 500
29 500
Total tax
10 307
14 277
8 395
10 602
After tax
19 193
15 223
21 105
18 898
Living cost
11 724
11 724
11 724
11 724
Free-cash
7 469
3 499
9 381
7 174

Estimated living cost  is ₴11724 per week

₴8087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Riga , Latvia
₴14791
₴10320
₴9440
₴17282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 258
microenterprise
-
-
-
-
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.

-
-
-
9 484
surtax
-
-
-
-
total
-
-
-
13 742
Employee
8 873
-
23 773
-
income
1 580
-
4 521
-
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.

976
-
2 615
-
surtax
-
-
-
-
total
2 556
-
7 136
-
Employer
8 873
-
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.

2 137
-
5 727
-
surtax
-
-
-
-
total
2 137
-
5 727
-
Corporate
18 489
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%.

3 698
5 900
-
-
total
3 698
5 900
-
-
Dividends

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

14 792
23 600
-
-
total
-
-
-
-
Income
29 500
29 500
29 500
29 500
Total tax
8 391
5 900
12 863
13 742
After tax
21 109
23 600
16 637
15 758
Living cost
6 318
6 318
6 318
6 318
Free-cash
14 791
17 282
10 320
9 440

Estimated living cost  is ₴6318 per week

₴4030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴13924
₴12787
₴13061
₴14556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 740
health
-
-
-
2 037
pensions
-
-
-
2 810
total
-
-
-
12 587
Employee
5 867
-
26 339
-
health
293
-
702
-
unemployment
59
-
141
-
pensions
528
-
1 264
-
income
1 135
-
7 593
-
total
2 015
-
9 700
-
Employer
5 867
-
26 339
-
health
557
-
1 335
-
pensions
645
-
1 545
-
unemployment
117
-
281
-
total
1 319
-
3 161
-
Corporate
22 313
29 500
-
-
income
4 909
6 490
-
-
total
4 909
6 490
-
-
Dividends
17 404
23 010
-
-
withholding
3 481
4 602
-
-
total
3 481
4 602
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 724
11 092
12 861
12 587
After tax
17 776
18 408
16 639
16 913
Living cost
3 852
3 852
3 852
3 852
Free-cash
13 924
14 556
12 787
13 061

Estimated living cost  is ₴3852 per week

₴2289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴10769
₴7874
₴8445
₴11735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 900
unemployment
-
-
-
69
income
-
-
-
5 511
other
-
-
-
-
health
-
-
-
2 095
surtax
-
-
-
659
total
-
-
-
14 234
Employee
10 226
-
24 370
-
health
261
-
621
-
unemployment
712
-
1 696
-
pensions
682
-
1 626
-
income
1 714
-
5 138
-
other
-
-
-
-
surtax
36
-
594
-
total
3 405
-
9 675
-
Employer
10 226
-
24 370
-
health
465
-
1 109
-
pensions
1 363
-
3 248
-
unemployment
324
-
773
-
other
-
-
-
-
total
2 152
-
5 130
-
Corporate
17 121
29 500
-
-
income
4 452
7 670
-
-
total
4 452
7 670
-
-
Dividends
12 669
21 830
-
-
withholding
1 901
3 274
-
-
total
1 901
3 274
-
-
Income
29 500
29 500
29 500
29 500
Total tax
11 910
10 944
14 805
14 234
After tax
17 590
18 556
14 695
15 266
Living cost
6 821
6 821
6 821
6 821
Free-cash
10 769
11 735
7 874
8 445

Estimated living cost  is ₴6821 per week

₴4118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴6748
-₴615
₴5380
₴6896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 458
chamber of commerce
-
-
-
118
unemployment
-
-
-
1 862
income
-
-
-
4 737
health
-
-