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
₴ 30000
per

Your estimated
City
free-cash

Dresden , Germany
₴2234
₴6969
₴7924
₴9512
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.

-
-
-
30 000
trade
-
-
-
1 588
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.

-
-
-
4 350
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.

-
-
-
2 926
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.

-
-
-
239
total
-
-
-
9 103
Employee

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

16 382
-
30 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 926
-
2 926
-
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.

25
-
239
-
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.

458
-
4 350
-
total
3 409
-
7 515
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 618
30 000
-
-
surtax

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

112
247
-
-
income
2 043
4 500
-
-
trade
2 145
4 725
-
-
chamber of commerce
85
108
-
-
total
4 385
9 580
-
-
Dividends
9 233
20 420
-
-
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
271
-
-
withholding
2 146
4 942
-
-
total
2 264
5 213
-
-
Income
30 000
30 000
30 000
30 000
Total tax
10 058
14 793
7 515
9 103
After tax
19 942
15 207
22 485
20 897
Living cost
12 973
12 973
12 973
12 973
Free-cash
6 969
2 234
9 512
7 924

Estimated living cost  is ₴12973 per week

₴8161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
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.
₴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

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
-₴2923
-₴6596
-₴3129
-₴2893
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
-
-
-
30 000
municipal
-
-
-
2 966
pensions
-
-
-
3 600
national
-
-
-
4 597
social contributions
-
-
-
323
total
-
-
-
11 486
Employee
33 550
-
25 935
-
municipal
4 144
-
3 082
-
pensions
1 342
-
1 037
-
national
6 422
-
4 777
-
total
11 908
-
8 896
-
Employer
33 550
-
25 935
-
social contributions
361
-
279
-
pensions
2 684
-
2 075
-
total
3 045
-
2 354
-
Corporate
-
30 000
-
-
income

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

-
6 000
-
-
total
-
6 000
-
-
Dividends
-
24 000
-
-
withholding
-
5 280
-
-
total
-
5 280
-
-
Income
30 000
30 000
30 000
30 000
Total tax
14 953
11 280
11 250
11 486
After tax
15 047
18 720
18 750
18 514
Living cost
21 643
21 643
21 643
21 643
Free-cash
-6 596
-2 923
-2 893
-3 129

Estimated living cost  is ₴21643 per week

₴14710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴15089
₴11575
₴15241
₴8144
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.

-
-
-
30 000
microenterprise
-
-
-
4 500
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.

-
-
-
1 348
total
-
-
-
5 848
Employee
12 516
-
24 176
-
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.

1 377
-
2 660
-
surtax
-
-
-
-
income
2 228
-
4 461
-
total
3 605
-
7 121
-
Employer
12 516
-
24 176
-
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.

3 015
-
5 824
-
surtax
-
-
-
-
total
3 015
-
5 824
-
Corporate
14 470
30 000
-
-
income

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

2 894
6 000
-
-
total
2 894
6 000
-
-
Dividends

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

11 576
24 000
-
-
total
-
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
9 514
6 000
12 945
5 848
After tax
20 486
24 000
17 055
24 152
Living cost
8 911
8 911
8 911
8 911
Free-cash
11 575
15 089
8 144
15 241

Estimated living cost  is ₴8911 per week

₴5685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2175
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
-₴10128
-₴12533
-₴843
-₴12533
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
-
-
-
30 000
income
-
-
-
3 481
pensions
-
-
-
5 018
health
-
-
-
4 401
total
-
-
-
12 900
Employee
36 577
36 577
36 577
-
health
5 614
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
6 584
5 018
6 584
-
total
18 185
15 780
18 185
-
Employer
36 577
36 577
36 577
-
unemployment
1 317
1 317
1 317
-
pensions
2 546
2 546
2 546
-
health
2 542
2 542
2 542
-
total
6 405
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
24 590
22 185
24 590
12 900
After tax
5 410
7 815
5 410
17 100
Living cost
17 943
17 943
17 943
17 943
Free-cash
-12 533
-10 128
-12 533
-843

Estimated living cost  is ₴17943 per week

₴12716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
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.
₴3324
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
-₴169
-₴990
-₴1594
-₴530
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
-
-
-
30 000
municipal
-
-
-
6 354
accident
-
-
-
60
pensions
-
-
-
3 243
other
-
-
-
3 486
unemployment
-
-
-
30
health
-
-
-
1 872
national
-
-
-
-
total
-
-
-
15 045
Employee
23 581
-
22 827
-
municipal
7 032
-
6 807
-
national
-
-
-
-
total
7 032
-
6 807
-
Employer
23 581
-
22 827
-
accident
47
-
46
-
other
2 740
-
2 653
-
unemployment
623
-
603
-
pensions
2 549
-
2 468
-
health
1 450
-
1 404
-
total
7 409
-
7 174
-
Corporate
-
30 000
-
-
income
-
6 600
-
-
total
-
6 600
-
-
Dividends
-
23 400
-
-
withholding
-
7 020
-
-
total
-
7 020
-
-
Income
30 000
30 000
30 000
30 000
Total tax
14 441
13 620
13 981
15 045
After tax
15 559
16 380
16 019
14 955
Living cost
16 549
16 549
16 549
16 549
Free-cash
-990
-169
-530
-1 594

Estimated living cost  is ₴16549 per week

₴10968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3706
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
-₴1774
₴4245
₴4000
₴5659
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.

-
-
-
30 000
trade
-
-
-
1 659
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.

-
-
-
4 350
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.

-
-
-
2 926
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.

-
-
-
239
total
-
-
-
9 174
Employee

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

21 721
-
30 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 926
-
2 926
-
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.

102
-
239
-
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.

1 866
-
4 350
-
total
4 894
-
7 515
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 279
30 000
-
-
surtax

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

68
247
-
-
income
1 242
4 500
-
-
trade
1 362
4 935
-
-
chamber of commerce
76
107
-
-
total
2 748
9 789
-
-
Dividends
5 530
20 210
-
-
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.

67
269
-
-
withholding
1 220
4 890
-
-
total
1 287
5 159
-
-
Income
30 000
30 000
30 000
30 000
Total tax
8 929
14 948
7 515
9 174
After tax
21 071
15 052
22 485
20 826
Living cost
16 826
16 826
16 826
16 826
Free-cash
4 245
-1 774
5 659
4 000

Estimated living cost  is ₴16826 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴6423
₴6364
₴8833
₴7401
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
-
-
-
30 000
income
-
-
-
1 830
health
-
-
-
765
social contributions
-
-
-
4 680
total
-
-
-
7 275
Employee
32 936
32 936
32 936
-
social contributions
1 600
2 733
2 260
-
health
328
560
463
-
income
3 459
3 049
3 220
-
total
5 387
6 342
5 943
-
Employer
32 936
32 936
32 936
-
social contributions
1 600
2 733
2 260
-
health
357
610
504
-
total
1 957
3 343
2 764
-
Corporate
8 764
-
-
-
income
1 096
-
-
-
total
1 096
-
-
-
Dividends
7 668
-
-
-
withholding
1 304
-
-
-
total
1 304
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
9 744
9 685
8 707
7 275
After tax
20 256
20 315
21 293
22 725
Living cost
13 892
13 892
13 892
13 892
Free-cash
6 364
6 423
7 401
8 833

Estimated living cost  is ₴13892 per week

₴9497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3077
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
₴9166
₴9328
₴13000
₴9610
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
-
-
-
30 000
income
-
-
-
3 668
pensions
-
-
-
3 000
unemployment
-
-
-
450
health
-
-
-
2 100
total
-
-
-
9 218
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.

11 234
4 471
25 105
-
health
786
313
1 757
-
income
1 373
547
3 069
-
pensions
1 123
447
2 510
-
unemployment
169
67
377
-
total
3 451
1 374
7 713
-
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.

11 234
4 471
25 105
-
pensions
2 191
872
4 895
-
total
2 191
872
4 895
-
Corporate
16 576
24 657
-
-
income
1 492
2 219
-
-
total
1 492
2 219
-
-
Dividends
15 084
22 438
-
-
social contributions
2 890
4 324
-
-
withholding
2 866
4 263
-
-
total
5 756
8 587
-
-
Income
30 000
30 000
30 000
30 000
Total tax
12 890
13 052
12 608
9 218
After tax
17 110
16 948
17 392
20 782
Living cost
7 782
7 782
7 782
7 782
Free-cash
9 328
9 166
9 610
13 000

Estimated living cost  is ₴7782 per week

₴5311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1679
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
₴13655
₴10995
₴5778
₴6946
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
-
-
-
30 000
income
-
-
-
3 978
pensions
-
-
-
5 999
health
-
-
-
3 900
total
-
-
-
13 877
Employee
12 151
-
22 421
-
income
1 368
-
4 323
-
pensions
243
-
449
-
unemployment
194
-
358
-
total
1 805
-
5 130
-
Employer
12 151
-
22 421
-
unemployment
98
-
180
-
pensions
2 430
-
4 484
-
health
1 579
-
2 915
-
total
4 107
-
7 579
-
Corporate
13 742
30 000
-
-
income
2 748
6 000
-
-
total
2 748
6 000
-
-
Dividends
10 994
24 000
-
-
total
-
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
8 660
6 000
12 709
13 877
After tax
21 340
24 000
17 291
16 123
Living cost
10 345
10 345
10 345
10 345
Free-cash
10 995
13 655
6 946
5 778

Estimated living cost  is ₴10345 per week

₴7096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2425
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
-₴6938
₴993
₴11301
₴6017
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
-
-
-
30 000
accident
-
-
-
108
income
-
-
-
6 364
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
9 331
Employee
14 736
-
24 921
-
health
1 687
-
2 853
-
income
2 022
-
3 877
-
pensions
1 659
-
2 806
-
total
5 368
-
9 536
-
Employer
14 736
-
24 921
-
accident
246
-
416
-
unemployment
361
-
611
-
pensions
2 396
-
4 052
-
total
3 003
-
5 079
-
Corporate
12 261
30 000
-
-
income

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

11 035
27 000
-
-
total
11 035
27 000
-
-
Dividends
1 226
3 000
-
-
withholding
233
570
-
-
total
233
570
-
-
Income
30 000
30 000
30 000
30 000
Total tax
19 639
27 570
14 615
9 331
After tax
10 361
2 430
15 385
20 669
Living cost
9 368
9 368
9 368
9 368
Free-cash
993
-6 938
6 017
11 301

Estimated living cost  is ₴9368 per week

₴6866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴1788
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
₴24646
₴23924
₴25846
₴20146
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%.

-
-
-
30 000
microenterprise

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

-
-
-
300
total
-
-
-
300
Employee
4 817
-
30 000
-
income
963
-
6 000
-
total
963
-
6 000
-
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%.

25 183
30 000
-
-
total
-
-
-
-
Dividends
25 183
30 000
-
-
withholding
1 259
1 500
-
-
total
1 259
1 500
-
-
Income
30 000
30 000
30 000
30 000
Total tax
2 222
1 500
6 000
300
After tax
27 778
28 500
24 000
29 700
Living cost
3 854
3 854
3 854
3 854
Free-cash
23 924
24 646
20 146
25 846

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
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.
₴1039
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
₴10628
₴7737
₴4831
₴6170
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
-
-
-
30 000
income
-
-
-
3 810
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.

-
-
-
7 201
other
-
-
-
1 425
health
-
-
-
1 320
total
-
-
-
13 756
Employee
15 552
-
23 962
-
health
218
-
336
-
income
2 677
-
4 125
-
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.

1 088
-
1 677
-
unemployment
155
-
240
-
total
4 138
-
6 378
-
Employer
15 552
-
23 962
-
accident
124
-
192
-
other
778
-
1 198
-
unemployment
155
-
240
-
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.

2 644
-
4 073
-
health
218
-
336
-
total
3 919
-
6 039
-
Corporate
10 529
30 000
-
-
income
2 211
6 300
-
-
total
2 211
6 300
-
-
Dividends
8 318
23 700
-
-
withholding
582
1 659
-
-
total
582
1 659
-
-
Income
30 000
30 000
30 000
30 000
Total tax
10 850
7 959
12 417
13 756
After tax
19 150
22 041
17 583
16 244
Living cost
11 413
11 413
11 413
11 413
Free-cash
7 737
10 628
6 170
4 831

Estimated living cost  is ₴11413 per week

₴8064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
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.
₴2395
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
-₴6266
-₴16242
-₴6330
-₴9537
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
-
-
-
30 000
income
-
-
-
5 604
pensions
-
-
-
1 982
total
-
-
-
7 586
Employee
40 669
-
26 629
-
health
670
-
382
-
income
7 331
-
4 802
-
pensions
3 923
-
2 239
-
total
11 924
-
7 423
-
Employer
40 669
-
26 629
-
pensions
4 802
-
2 864
-
health
772
-
506
-
total
5 574
-
3 370
-
Corporate
-
30 000
-
-
income

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

-
5 700
-
-
total
-
5 700
-
-
Dividends
-
24 300
-
-
withholding
-
1 822
-
-
total
-
1 822
-
-
Income
30 000
30 000
30 000
30 000
Total tax
17 498
7 522
10 793
7 586
After tax
12 502
22 478
19 207
22 414
Living cost
28 744
28 744
28 744
28 744
Free-cash
-16 242
-6 266
-9 537
-6 330

Estimated living cost  is ₴28744 per week

₴21539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
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.
₴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

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
₴20031
₴18041
₴15883
₴16569
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
-
-
-
30 000
income
-
-
-
4 500
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
8 498
Employee
7 440
-
27 063
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
2 706
-
pensions

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

653
-
1 314
-
total
1 821
-
4 874
-
Employer
7 440
-
27 063
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
21 100
30 000
-
-
income
2 110
3 000
-
-
total
2 110
3 000
-
-
Dividends
18 990
27 000
-
-
withholding
949
1 350
-
-
total
949
1 350
-
-
Income
30 000
30 000
30 000
30 000
Total tax
6 340
4 350
7 812
8 498
After tax
23 660
25 650
22 188
21 502
Living cost
5 619
5 619
5 619
5 619
Free-cash
18 041
20 031
16 569
15 883

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1788
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
-₴15936
-₴16663
-₴6651
-₴18341
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
-
-
-
30 000
income
-
-
-
3 481
pensions
-
-
-
5 018
health
-
-
-
4 401
total
-
-
-
12 900
Employee
39 710
36 577
36 577
-
health
4 954
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
5 018
5 018
6 584
-
total
15 959
15 780
18 185
-
Employer
39 710
36 577
36 577
-
unemployment
1 430
1 317
1 317
-
pensions
2 764
2 546
2 546
-
health
2 759
2 542
2 542
-
total
6 953
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
22 912
22 185
24 590
12 900
After tax
7 088
7 815
5 410
17 100
Living cost
23 751
23 751
23 751
23 751
Free-cash
-16 663
-15 936
-18 341
-6 651

Estimated living cost  is ₴23751 per week

₴17520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴3837
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
₴10396
₴6735
₴4352
₴4965
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
-
-
-
30 000
income
-
-
-
2 579
health
-
-
-
4 050
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 760
total
-
-
-
15 389
Employee
15 086
-
22 388
-
social contributions
981
-
1 455
-
health
2 037
-
3 022
-
solidarity contribution
-
-
-
-
income
1 810
-
2 687
-
total
4 828
-
7 164
-
Employer
15 086
-
22 388
-
social contributions
3 772
-
5 597
-
health
1 358
-
2 015
-
total
5 130
-
7 612
-
Corporate
9 784
30 000
-
-
income
1 859
5 700
-
-
total
1 859
5 700
-
-
Dividends
7 925
24 300
-
-
withholding
1 189
3 645
-
-
total
1 189
3 645
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 006
9 345
14 776
15 389
After tax
16 994
20 655
15 224
14 611
Living cost
10 259
10 259
10 259
10 259
Free-cash
6 735
10 396
4 965
4 352

Estimated living cost  is ₴10259 per week

₴7126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
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.
₴2201
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
-₴2067
-₴8066
-₴1805
-₴3501
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
-
-
-
30 000
municipal
-
-
-
178
regional
-
-
-
309
national
-
-
-
5 529
social contributions
-
-
-
7 716
total
-
-
-
13 732
Employee
38 066
-
30 000
-
social contributions
12 836
-
10 116
-
regional
359
-
272
-
municipal
202
-
159
-
national
6 596
-
4 881
-
total
19 993
-
15 428
-
Employer
38 066
-
30 000
-
total
-
-
-
-
Corporate
-
30 000
-
-
nationa
-
7 200
-
-
municipal
-
1 170
-
-
total
-
8 370
-
-
Dividends
-
21 630
-
-
withholding
-
5 624
-
-
total
-
5 624
-
-
Income
30 000
30 000
30 000
30 000
Total tax
19 993
13 994
15 428
13 732
After tax
10 007
16 006
14 572
16 268
Living cost
18 073
18 073
18 073
18 073
Free-cash
-8 066
-2 067
-3 501
-1 805

Estimated living cost  is ₴18073 per week

₴12599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
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.
₴4012
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
₴9418
₴8086
₴7050
₴6392
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
-
-
-
30 000
income
-
-
-
4 851
pensions
-
-
-
6 000
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 130
surtax
-
-
-
419
total
-
-
-
13 498
Employee
14 164
-
24 783
-
other
-
-
-
-
health
362
-
632
-
surtax
46
-
369
-
income
2 374
-
4 561
-
pensions
944
-
1 653
-
unemployment
986
-
1 725
-
total
4 712
-
8 940
-
Employer
14 164
-
24 783
-
other
-
-
-
-
unemployment
449
-
786
-
pensions
1 888
-
3 303
-
health
645
-
1 127
-
total
2 982
-
5 216
-
Corporate
12 854
30 000
-
-
income
3 342
7 800
-
-
total
3 342
7 800
-
-
Dividends
9 512
22 200
-
-
withholding
1 426
3 330
-
-
total
1 426
3 330
-
-
Income
30 000
30 000
30 000
30 000
Total tax
12 462
11 130
14 156
13 498
After tax
17 538
18 870
15 844
16 502
Living cost
9 452
9 452
9 452
9 452
Free-cash
8 086
9 418
6 392
7 050

Estimated living cost  is ₴9452 per week

₴5779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2582
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
₴2841
-₴723
₴2777
-₴430
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
-
-
-
30 000
income
-
-
-
5 604
pensions
-
-
-
1 982
total
-
-
-
7 586
Employee
27 255
-
26 629
-
health
396
-
382
-
income
4 909
-
4 802
-
pensions
2 313
-
2 239
-
total
7 618
-
7 423
-
Employer
27 255
-
26 629
-
pensions
2 950
-
2 864
-
health
518
-
506
-
total
3 468
-
3 370
-
Corporate
-
30 000
-
-
income

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

-
5 700
-
-
total
-
5 700
-
-
Dividends
-
24 300
-
-
withholding
-
1 822
-
-
total
-
1 822
-
-
Income
30 000
30 000
30 000
30 000
Total tax
11 086
7 522
10 793
7 586
After tax
18 914
22 478
19 207
22 414
Living cost
19 637
19 637
19 637
19 637
Free-cash
-723
2 841
-430
2 777

Estimated living cost  is ₴19637 per week

₴14712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3248
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
-₴18653
-₴11494
-₴7056
-₴8599
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
-
-
-
30 000
city
-
-
-
316
pensions
-
-
-
2 760
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.

-
-
-
600
regional
-
-
-
790
health
-
-
-
106
national
-
-
-
112
total
-
-
-
4 684
Employee
37 884
-
26 852
-
city
407
-
289
-
regional
1 241
-
675
-
health
86
-
61
-
pensions
3 183
-
2 255
-
unemployment
-
-
-
-
national
179
-
94
-
total
5 096
-
3 374
-
Employer
37 884
-
26 852
-
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.

757
-
537
-
unemployment
-
-
-
-
pensions
3 183
-
2 255
-
health
86
-
61
-
total
4 026
-
2 853
-
Corporate
-
30 000
-
-
regional
-
6 345
-
-
national
-
2 550
-
-
total
-
8 895
-
-
Dividends
-
21 105
-
-
withholding
-
7 386
-
-
total
-
7 386
-
-
Income
30 000
30 000
30 000
30 000
Total tax
9 122
16 281
6 227
4 684
After tax
20 878
13 719
23 773
25 316
Living cost
32 372
32 372
32 372
32 372
Free-cash
-11 494
-18 653
-8 599
-7 056

Estimated living cost  is ₴32372 per week

₴21051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
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.
₴8018
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
-₴4723
₴2221
₴1134
₴2864
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.

-
-
-
30 000
trade
-
-
-
1 730
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.

-
-
-
4 350
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.

-
-
-
2 926
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.

-
-
-
239
total
-
-
-
9 245
Employee

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

25 741
-
30 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 926
-
2 926
-
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.

167
-
239
-
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.

3 027
-
4 350
-
total
6 120
-
7 515
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 259
30 000
-
-
surtax

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

35
247
-
-
income
639
4 500
-
-
trade
731
5 145
-
-
chamber of commerce
71
107
-
-
total
1 476
9 999
-
-
Dividends
2 784
20 001
-
-
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
266
-
-
withholding
533
4 837
-
-
total
562
5 103
-
-
Income
30 000
30 000
30 000
30 000
Total tax
8 158
15 102
7 515
9 245
After tax
21 842
14 898
22 485
20 755
Living cost
19 621
19 621
19 621
19 621
Free-cash
2 221
-4 723
2 864
1 134

Estimated living cost  is ₴19621 per week

₴14331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3467
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
₴466
₴2996
₴3202
₴3342
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
-
-
-
30 000
income
-
-
-
1 613
pensions
-
-
-
8 487
other
-
-
-
930
health
-
-
-
260
surtax
-
-
-
-
social contributions
-
-
-
854
total
-
-
-
12 144
Employee
18 331
-
22 861
-
social contributions
523
-
651
-
surtax
-
-
-
-
income
1 082
-
1 629
-
pensions
2 073
-
2 586
-
total
3 678
-
4 866
-
Employer
18 331
-
22 861
-
other
632
-
788
-
social contributions
55
-
68
-
unemployment
742
-
926
-
pensions
3 011
-
3 756
-
health
1 283
-
1 600
-
total
5 723
-
7 138
-
Corporate
5 944
30 000
-
-
surtax
-
-
-
-
income
1 665
8 400
-
-
total
1 665
8 400
-
-
Dividends
4 279
21 600
-
-
surtax
-
-
-
-
social contributions
736
3 715
-
-
withholding
548
2 765
-
-
total
1 284
6 480
-
-
Income
30 000
30 000
30 000
30 000
Total tax
12 350
14 880
12 004
12 144
After tax
17 650
15 120
17 996
17 856
Living cost
14 654
14 654
14 654
14 654
Free-cash
2 996
466
3 342
3 202

Estimated living cost  is ₴14654 per week

₴9240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴3974
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
₴1918
₴4297
₴4654
₴4794
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
-
-
-
30 000
income
-
-
-
1 613
pensions
-
-
-
8 487
other
-
-
-
930
health
-
-
-
260
surtax
-
-
-
-
social contributions
-
-
-
854
total
-
-
-
12 144
Employee
16 363
-
22 861
-
social contributions
467
-
651
-
surtax
-
-
-
-
income
844
-
1 629
-
pensions
1 851
-
2 586
-
total
3 162
-
4 866
-
Employer
16 363
-
22 861
-
other
565
-
788
-
social contributions
49
-
68
-
unemployment
662
-
926
-
pensions
2 689
-
3 756
-
health
1 145
-
1 600
-
total
5 110
-
7 138
-
Corporate
8 527
30 000
-
-
surtax
-
-
-
-
income
2 387
8 400
-
-
total
2 387
8 400
-
-
Dividends
6 139
21 600
-
-
surtax
-
-
-
-
social contributions
1 056
3 715
-
-
withholding
786
2 765
-
-
total
1 842
6 480
-
-
Income
30 000
30 000
30 000
30 000
Total tax
12 501
14 880
12 004
12 144
After tax
17 499
15 120
17 996
17 856
Living cost
13 202
13 202
13 202
13 202
Free-cash
4 297
1 918
4 794
4 654

Estimated living cost  is ₴13202 per week

₴7657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴3954
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
₴9221
₴9443
₴10184
₴8702
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
-
-
-
30 000
income
-
-
-
4 500
health
-
-
-
2 094
social contributions
-
-
-
4 140
total
-
-
-
10 734
Employee
14 522
-
30 000
-
social contributions
2 004
-
4 140
-
health
1 014
-
2 094
-
income
2 422
-
5 982
-
total
5 440
-
12 216
-
Employer
14 522
-
30 000
-
total
-
-
-
-
Corporate
15 478
30 000
-
-
income

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

774
1 500
-
-
total
774
1 500
-
-
Dividends
14 704
28 500
-
-
health
1 027
1 989
-
-
social contributions
2 029
3 933
-
-
withholding
2 205
4 275
-
-
total
5 261
10 197
-
-
Income
30 000
30 000
30 000
30 000
Total tax
11 475
11 697
12 216
10 734
After tax
18 525
18 303
17 784
19 266
Living cost
9 082
9 082
9 082
9 082
Free-cash
9 443
9 221
8 702
10 184

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
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.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴1941
₴1279
₴1094
-₴4431
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
-
-
-
30 000
chamber of commerce
-
-
-
120
income
-
-
-
3 137
pensions
-
-
-
5 550
unemployment
-
-
-
2 627
health
-
-
-
2 295
surtax
-
-
-
85
total
-
-
-
13 814
Employee
21 405
17 069
23 230
-
other
214
171
232
-
health
828
661
899
-
income
2 437
1 259
2 959
-
pensions
2 192
1 748
2 379
-
unemployment
642
512
697
-
total
6 313
4 351
7 166
-
Employer
21 405
17 069
23 230
-
accident
278
222
302
-
other
1 017
810
1 104
-
chamber of commerce
85
68
93
-
unemployment
642
512
697
-
surtax
85
85
85
-
pensions
2 686
2 143
2 916
-
payroll
642
512
697
-
health
809
645
878
-
total
6 244
4 997
6 772
-
Corporate
2 351
7 934
21 604
-
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.

588
1 983
5 401
-
total
588
1 983
5 401
-
Dividends
1 763
5 951
-
-
withholding
484
1 636
-
-
total
484
1 636
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 629
12 967
19 339
13 814
After tax
16 371
17 033
10 661
16 186
Living cost
15 092
15 092
15 092
15 092
Free-cash
1 279
1 941
-4 431
1 094

Estimated living cost  is ₴15092 per week

₴10066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
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.
₴3491
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
₴1255
-₴9556
-₴305
-₴3153
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
-
-
-
30 000
national
-
-
-
9 140
communal

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

-
-
-
1 561
social contributions
-
-
-
3 987
total
-
-
-
14 688
Employee

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

30 638
-
23 236
-
communal

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

1 598
-
1 212
-
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.

1 439
-
1 092
-
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.

2 298
-
1 743
-
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.

267
-
202
-
national
9 419
-
6 523
-
total
15 021
-
10 772
-
Employer

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

30 638
-
23 236
-
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.

398
-
302
-
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.

447
-
339
-
surtax
3 474
-
2 635
-
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.

2 715
-
2 059
-
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.

1 884
-
1 429
-
total
8 918
-
6 764
-
Corporate
-
30 000
-
-
surtax
-
120
-
-
income
-
6 000
-
-
total
-
6 120
-
-
Dividends
-
23 880
-
-
withholding

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

-
7 008
-
-
total
-
7 008
-
-
Income
30 000
30 000
30 000
30 000
Total tax
23 939
13 128
17 536
14 688
After tax
6 061
16 872
12 464
15 312
Living cost
15 617
15 617
15 617
15 617
Free-cash
-9 556
1 255
-3 153
-305

Estimated living cost  is ₴15617 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3948
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
₴4775
₴1296
₴723
₴935
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
-
-
-
30 000
accident
-
-
-
270
income
-
-
-
4 809
pensions
-
-
-
8 490
other
-
-
-
30
unemployment
-
-
-
210
total
-
-
-
13 809
Employee
21 321
-
22 748
-
other
21
-
23
-
income
4 499
-
4 900
-
pensions
1 002
-
1 069
-
unemployment
331
-
353
-
total
5 853
-
6 345
-
Employer
21 321
-
22 748
-
accident
422
-
450
-
other
170
-
182
-
unemployment
1 173
-
1 251
-
pensions
5 031
-
5 369
-
total
6 796
-
7 252
-
Corporate
1 883
30 000
-
-
income

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

283
4 500
-
-
total
283
4 500
-
-
Dividends
1 601
25 500
-
-
withholding
304
5 257
-
-
total
304
5 257
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 236
9 757
13 597
13 809
After tax
16 764
20 243
16 403
16 191
Living cost
15 468
15 468
15 468
15 468
Free-cash
1 296
4 775
935
723

Estimated living cost  is ₴15468 per week

₴11391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2757
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
-₴4604
-₴6311
-₴3939
-₴3375
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
-
-
-
30 000
accident
-
-
-
270
income
-
-
-
1 754
pensions
-
-
-
4 800
health
-
-
-
2 251
surtax
-
-
-
1 587
communal
-
-
-
-
total
-
-
-
10 662
Employee
32 436
-
26 798
-
health
1 444
-
1 192
-
surtax
1 988
-
1 642
-
income
3 133
-
1 918
-
pensions
2 594
-
2 144
-
total
9 159
-
6 896
-
Employer
32 436
-
26 798
-
accident
292
-
241
-
pensions
2 594
-
2 144
-
health
989
-
817
-
total
3 875
-
3 202
-
Corporate
-
30 000
-
-
surtax
-
315
-
-
communal
-
2 025
-
-
income
-
4 500
-
-
total
-
6 840
-
-
Dividends
-
23 160
-
-
income
-
1 013
-
-
withholding
-
3 474
-
-
total
-
4 487
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 034
11 327
10 098
10 662
After tax
16 966
18 673
19 902
19 338
Living cost
23 277
23 277
23 277
23 277
Free-cash
-6 311
-4 604
-3 375
-3 939

Estimated living cost  is ₴23277 per week

₴17461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴4158
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
₴9250
₴7888
₴6882
₴6224
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
-
-
-
30 000
income
-
-
-
4 851
pensions
-
-
-
6 000
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 130
surtax
-
-
-
419
total
-
-
-
13 498
Employee
14 424
-
24 783
-
other
-
-
-
-
health
368
-
632
-
surtax
51
-
369
-
income
2 418
-
4 561
-
pensions
962
-
1 653
-
unemployment
1 004
-
1 725
-
total
4 803
-
8 940
-
Employer
14 424
-
24 783
-
other
-
-
-
-
unemployment
458
-
786
-
pensions
1 923
-
3 303
-
health
656
-
1 127
-
total
3 037
-
5 216
-
Corporate
12 539
30 000
-
-
income
3 260
7 800
-
-
total
3 260
7 800
-
-
Dividends
9 279
22 200
-
-
withholding
1 392
3 330
-
-
total
1 392
3 330
-
-
Income
30 000
30 000
30 000
30 000
Total tax
12 492
11 130
14 156
13 498
After tax
17 508
18 870
15 844
16 502
Living cost
9 620
9 620
9 620
9 620
Free-cash
7 888
9 250
6 224
6 882

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2753
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
₴4231
₴3279
₴4587
₴2902
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
-
-
-
30 000
municipal
-
-
-
178
regional
-
-
-
452
national
-
-
-
5 529
social contributions
-
-
-
7 716
total
-
-
-
13 875
Employee
23 759
-
30 000
-
social contributions
8 012
-
10 116
-
regional
320
-
404
-
municipal
126
-
159
-
national
3 764
-
4 881
-
total
12 222
-
15 560
-
Employer
23 759
-
30 000
-
total
-
-
-
-
Corporate
6 241
30 000
-
-
nationa
1 498
7 200
-
-
municipal
310
1 491
-
-
total
1 808
8 691
-
-
Dividends
4 432
21 309
-
-
withholding
1 153
5 540
-
-
total
1 153
5 540
-
-
Income
30 000
30 000
30 000
30 000
Total tax
15 183
14 231
15 560
13 875
After tax
14 817
15 769
14 440
16 125
Living cost
11 538
11 538
11 538
11 538
Free-cash
3 279
4 231
2 902
4 587

Estimated living cost  is ₴11538 per week

₴7176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴2996
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
₴8014
₴3504
₴1970
₴2583
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
-
-
-
30 000
income
-
-
-
2 579
health
-
-
-
4 050
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 760
total
-
-
-
15 389
Employee
18 590
-
22 388
-
social contributions
1 208
-
1 455
-
health
2 510
-
3 022
-
solidarity contribution
-
-
-
-
income
2 231
-
2 687
-
total
5 949
-
7 164
-
Employer
18 590
-
22 388
-
social contributions
4 648
-
5 597
-
health
1 673
-
2 015
-
total
6 321
-
7 612
-
Corporate
5 089
30 000
-
-
income
967
5 700
-
-
total
967
5 700
-
-
Dividends
4 122
24 300
-
-
withholding
618
3 645
-
-
total
618
3 645
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 855
9 345
14 776
15 389
After tax
16 145
20 655
15 224
14 611
Living cost
12 641
12 641
12 641
12 641
Free-cash
3 504
8 014
2 583
1 970

Estimated living cost  is ₴12641 per week

₴9401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2321
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
₴3414
₴3202
₴2606
-₴2984
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
-
-
-
30 000
chamber of commerce
-
-
-
120
income
-
-
-
3 137
pensions
-
-
-
5 550
unemployment
-
-
-
2 627
health
-
-
-
2 295
surtax
-
-
-
-
total
-
-
-
13 729
Employee
18 723
17 069
23 294
-
other
187
171
233
-
health
724
661
901
-
income
1 668
1 259
2 978
-
pensions
1 917
1 748
2 386
-
unemployment
562
512
699
-
total
5 058
4 351
7 197
-
Employer
18 723
17 069
23 294
-
accident
243
222
303
-
other
889
810
1 107
-
chamber of commerce
75
68
93
-
unemployment
562
512
699
-
surtax
-
-
-
-
pensions
2 350
2 143
2 924
-
payroll
562
512
699
-
health
708
645
880
-
total
5 389
4 912
6 705
-
Corporate
5 889
8 018
21 669
-
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.

1 472
2 004
5 417
-
total
1 472
2 004
5 417
-
Dividends
4 417
6 014
-
-
withholding
1 214
1 654
-
-
total
1 214
1 654
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 133
12 921
19 319
13 729
After tax
16 867
17 079
10 681
16 271
Living cost
13 665
13 665
13 665
13 665
Free-cash
3 202
3 414
-2 984
2 606

Estimated living cost  is ₴13665 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴3828
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
₴22495
₴21369
₴23695
₴17995
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%.

-
-
-
30 000
microenterprise

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

-
-
-
300
total
-
-
-
300
Employee
7 506
-
30 000
-
income
1 501
-
6 000
-
total
1 501
-
6 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

22 494
30 000
-
-
total
-
-
-
-
Dividends
22 494
30 000
-
-
withholding
1 125
1 500
-
-
total
1 125
1 500
-
-
Income
30 000
30 000
30 000
30 000
Total tax
2 626
1 500
6 000
300
After tax
27 374
28 500
24 000
29 700
Living cost
6 005
6 005
6 005
6 005
Free-cash
21 369
22 495
17 995
23 695

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
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.
₴1488
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
₴9167
₴5586
₴4597
₴3736
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.

-
-
-
30 000
income
-
-
-
5 441
pensions
-
-
-
5 478
unemployment
-
-
-
45
health
-
-
-
2 951
total
-
-
-
13 915
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.

18 940
-
25 959
-
health
1 223
-
1 677
-
income
3 266
-
4 998
-
pensions
2 936
-
4 023
-
unemployment
27
-
37
-
total
7 452
-
10 735
-
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.

18 940
-
25 959
-
unemployment
11
-
15
-
pensions
1 676
-
2 297
-
health
1 261
-
1 729
-
total
2 948
-
4 041
-
Corporate
8 111
30 000
-
-
income
1 541
5 700
-
-
total
1 541
5 700
-
-
Dividends
6 570
24 300
-
-
withholding
985
3 645
-
-
total
985
3 645
-
-
Income
30 000
30 000
30 000
30 000
Total tax
12 926
9 345
14 776
13 915
After tax
17 074
20 655
15 224
16 085
Living cost
11 488
11 488
11 488
11 488
Free-cash
5 586
9 167
3 736
4 597

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2646
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
-₴246
-₴33922
₴2234
₴5862
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
-
-
-
30 000
income
-
-
-
5 848
social contributions
-
-
-
3 420
total
-
-
-
9 268
Employee
26 523
-
-
-
social contributions
2 175
-
310
-
income
5 851
-
-
-
total
8 026
-
310
-
Employer
26 523
-
-
-
social contributions
37 398
-
5 330
-
total
37 398
-
5 330
-
Corporate
-
30 000
-
-
income
-
6 600
-
-
total
-
6 600
-
-
Dividends
-
23 400
-
-
income
-
5 148
-
-
total
-
5 148
-
-
Income
30 000
30 000
30 000
30 000
Total tax
45 424
11 748
5 640
9 268
After tax
-15 424
18 252
24 360
20 732
Living cost
18 498
18 498
18 498
18 498
Free-cash
-33 922
-246
5 862
2 234

Estimated living cost  is ₴18498 per week

₴12002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4520
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
₴3629
₴3196
₴3667
₴2603
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.

-
-
-
30 000
income
-
-
-
2 473
surtax
-
-
-
-
social contributions

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

-
-
-
10 425
total
-
-
-
12 898
Employee
19 699
-
24 242
-
social contributions
2 167
-
2 667
-
surtax
-
-
-
-
income
4 098
-
5 538
-
total
6 265
-
8 205
-
Employer
19 699
-
24 242
-
social contributions
4 679
-
5 757
-
total
4 679
-
5 757
-
Corporate
5 622
30 000
-
-
surtax
-
-
-
-
income
1 181
6 300
-
-
total
1 181
6 300
-
-
Dividends
4 441
23 700
-
-
withholding
1 244
6 636
-
-
total
1 244
6 636
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 369
12 936
13 962
12 898
After tax
16 631
17 064
16 038
17 102
Living cost
13 435
13 435
13 435
13 435
Free-cash
3 196
3 629
2 603
3 667

Estimated living cost  is ₴13435 per week

₴10052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2366
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
-₴5567
-₴5205
-₴2831
-₴2691
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
-
-
-
30 000
income
-
-
-
1 613
pensions
-
-
-
8 487
other
-
-
-
930
health
-
-
-
260
surtax
-
-
-
-
social contributions
-
-
-
854
total
-
-
-
12 144
Employee
26 826
-
22 861
-
social contributions
764
-
651
-
surtax
-
-
-
-
income
2 341
-
1 629
-
pensions
3 034
-
2 586
-
total
6 139
-
4 866
-
Employer
26 826
-
22 861
-
other
926
-
788
-
social contributions
80
-
68
-
unemployment
1 087
-
926
-
pensions
4 408
-
3 756
-
health
1 878
-
1 600
-
total
8 379
-
7 138
-
Corporate
-
30 000
-
-
surtax
-
-
-
-
income
-
8 400
-
-
total
-
8 400
-
-
Dividends
-
21 600
-
-
surtax
-
-
-
-
social contributions
-
3 715
-
-
withholding
-
2 765
-
-
total
-
6 480
-
-
Income
30 000
30 000
30 000
30 000
Total tax
14 518
14 880
12 004
12 144
After tax
15 482
15 120
17 996
17 856
Living cost
20 687
20 687
20 687
20 687
Free-cash
-5 205
-5 567
-2 691
-2 831

Estimated living cost  is ₴20687 per week

₴14001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
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
₴14125
₴12687
₴10331
₴11172
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
-
-
-
30 000
income
-
-
-
194
social contributions
-
-
-
6 600
total
-
-
-
6 794
Employee
13 770
-
25 974
-
income
-
-
239
-
social contributions
895
-
1 688
-
total
895
-
1 927
-
Employer
13 770
-
25 974
-
social contributions
2 134
-
4 026
-
total
2 134
-
4 026
-
Corporate
14 096
30 000
-
-
income
1 409
3 000
-
-
total
1 409
3 000
-
-
Dividends
12 686
27 000
-
-
total
-
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
4 438
3 000
5 953
6 794
After tax
25 562
27 000
24 047
23 206
Living cost
12 875
12 875
12 875
12 875
Free-cash
12 687
14 125
11 172
10 331

Estimated living cost  is ₴12875 per week

₴8325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
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.
₴3337
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
-₴63362
-₴63362
-₴1510
-₴63362
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
-
-
-
30 000
municipal
-
-
-
5 146
pensions
-
-
-
371
national
-
-
-
2 986
labour market
-
-
-
2 370
total
-
-
-
10 873
Employee
87 103
87 103
87 103
-
labour market
6 958
6 958
6 958
-
national
10 641
10 641
10 641
-
municipal
18 548
18 548
18 548
-
pensions
124
124
124
-
total
36 271
36 271
36 271
-
Employer
87 103
87 103
87 103
-
labour market
6 968
6 968
6 968
-
municipal
18 578
18 578
18 578
-
pensions
248
248
248
-
national
10 660
10 660
10 660
-
total
36 454
36 454
36 454
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
72 725
72 725
72 725
10 873
After tax
-42 725
-42 725
-42 725
19 127
Living cost
20 637
20 637
20 637
20 637
Free-cash
-63 362
-63 362
-63 362
-1 510

Estimated living cost  is ₴20637 per week

₴14124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4370
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
-₴6800
₴1013
₴11439
₴6155
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
-
-
-
30 000
accident
-
-
-
108
income
-
-
-
6 364
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
9 331
Employee
14 519
-
24 921
-
health
1 663
-
2 853
-
income
1 992
-
3 877
-
pensions
1 635
-
2 806
-
total
5 290
-
9 536
-
Employer
14 519
-
24 921
-
accident
242
-
416
-
unemployment
356
-
611
-
pensions
2 361
-
4 052
-
total
2 959
-
5 079
-
Corporate
12 522
30 000
-
-
income

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

11 270
27 000
-
-
total
11 270
27 000
-
-
Dividends
1 252
3 000
-
-
withholding
238
570
-
-
total
238
570
-
-
Income
30 000
30 000
30 000
30 000
Total tax
19 757
27 570
14 615
9 331
After tax
10 243
2 430
15 385
20 669
Living cost
9 230
9 230
9 230
9 230
Free-cash
1 013
-6 800
6 155
11 439

Estimated living cost  is ₴9230 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
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.
₴1812
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
₴4094
₴2224
₴6070
₴1685
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

-
-
-
30 000
municipal
-
-
-
5 349
health
-
-
-
283
national
-
-
-
1 854
total
-
-
-
7 486
Employee
22 535
-
25 238
-
health
168
-
210
-
municipal
3 691
-
4 130
-
pensions
1 521
-
1 704
-
unemployment
338
-
379
-
national
372
-
686
-
total
6 090
-
7 109
-
Employer
22 535
-
25 238
-
accident
23
-
25
-
unemployment
146
-
164
-
pensions
3 910
-
4 379
-
health
173
-
194
-
total
4 252
-
4 762
-
Corporate
3 214
30 000
-
-
income
643
6 000
-
-
total
643
6 000
-
-
Dividends

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

1 928
18 000
-
-
national
-
222
-
-
municipal
347
3 240
-
-
total
347
3 462
-
-
Income
30 000
30 000
30 000
30 000
Total tax
11 332
9 462
11 871
7 486
After tax
18 668
20 538
18 129
22 514
Living cost
16 444
16 444
16 444
16 444
Free-cash
2 224
4 094
1 685
6 070

Estimated living cost  is ₴16444 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
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.
₴3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₴10398
₴9787
₴12808
₴11376
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
-
-
-
30 000
income
-
-
-
1 830
health
-
-
-
765
social contributions
-
-
-
4 680
total
-
-
-
7 275
Employee
32 936
32 936
32 936
-
social contributions
1 245
2 733
2 260
-
health
255
560
463
-
income
3 586
3 049
3 220
-
total
5 086
6 342
5 943
-
Employer
32 936
32 936
32 936
-
social contributions
1 245
2 733
2 260
-
health
277
610
504
-
total
1 522
3 343
2 764
-
Corporate
13 474
-
-
-
income
1 684
-
-
-
total
1 684
-
-
-
Dividends
11 790
-
-
-
withholding
2 004
-
-
-
total
2 004
-
-
-
Income
30 000
30 000
30 000
30 000
Total tax
10 296
9 685
8 707
7 275
After tax
19 704
20 315
21 293
22 725
Living cost
9 917
9 917
9 917
9 917
Free-cash
9 787
10 398
11 376
12 808

Estimated living cost  is ₴9917 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2781
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
₴18043
₴15863
₴16236
₴11748
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
-
-
-
30 000
income
-
-
-
2 677
pensions
-
-
-
2 725
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
6 964
Employee

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

9 831
-
27 199
-
health
836
-
2 312
-
income
672
-
2 122
-
pensions
1 474
-
4 080
-
unemployment
49
-
136
-
total
3 031
-
8 650
-
Employer

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

9 831
-
27 199
-
unemployment
49
-
136
-
pensions
541
-
1 496
-
health
423
-
1 170
-
total
1 013
-
2 802
-
Corporate
19 157
30 000
-
-
income
1 724
2 700
-
-
total
1 724
2 700
-
-
Dividends
17 433
27 300
-
-
withholding
1 569
2 457
-
-
total
1 569
2 457
-
-
Income
30 000
30 000
30 000
30 000
Total tax
7 337
5 157
11 452
6 964
After tax
22 663
24 843
18 548
23 036
Living cost
6 800
6 800
6 800
6 800
Free-cash
15 863
18 043
11 748
16 236

Estimated living cost  is ₴6800 per week

₴4339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
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.
₴1769
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
₴8465
₴6219
₴4413
₴4625
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
-
-
-
30 000
accident
-
-
-
270
income
-
-
-
4 809
pensions
-
-
-
8 490
other
-
-
-
30
unemployment
-
-
-
210
total
-
-
-
13 809
Employee
15 837
-
22 748
-
other
15
-
23
-
income
3 053
-
4 900
-
pensions
745
-
1 069
-
unemployment
245
-
353
-
total
4 058
-
6 345
-
Employer
15 837
-
22 748
-
accident
314
-
450
-
other
127
-
182
-
unemployment
871
-
1 251
-
pensions
3 737
-
5 369
-
total
5 049
-
7 252
-
Corporate
9 113
30 000
-
-
income

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

1 367
4 500
-
-
total
1 367
4 500
-
-
Dividends
7 746
25 500
-
-
withholding
1 529
5 257
-
-
total
1 529
5 257
-
-
Income
30 000
30 000
30 000
30 000
Total tax
12 003
9 757
13 597
13 809
After tax
17 997
20 243
16 403
16 191
Living cost
11 778
11 778
11 778
11 778
Free-cash
6 219
8 465
4 625
4 413

Estimated living cost  is ₴11778 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2490
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
₴17550
₴17357
₴17643
₴17561
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
-
-
-
30 000
income
-
-
-
9 715
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
11 187
Employee
1 782
-
29 040
-
health
89
-
213
-
income
345
-
9 670
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
10 310
-
Employer
1 782
-
29 040
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
27 817
30 000
-
-
income
6 120
6 600
-
-
total
6 120
6 600
-
-
Dividends
21 698
23 400
-
-
withholding
4 340
4 680
-
-
total
4 340
4 680
-
-
Income
30 000
30 000
30 000
30 000
Total tax
11 473
11 280
11 269
11 187
After tax
18 527
18 720
18 731
18 813
Living cost
1 170
1 170
1 170
1 170
Free-cash
17 357
17 550
17 561
17 643

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴353
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
₴14267
₴12159
₴7284
₴8438
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.

-
-
-
30 000
income
-
-
-
3 968
pensions
-
-
-
7 800
unemployment
-
-
-
450
health
-
-
-
3 090
total
-
-
-
15 308
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.

11 170
-
25 445
-
health
575
-
1 310
-
income
1 540
-
4 537
-
pensions
1 564
-
3 562
-
unemployment
84
-
191
-
total
3 763
-
9 600
-
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.

11 170
-
25 445
-
unemployment
84
-
191
-
pensions
1 340
-
3 053
-
health
575
-
1 310
-
total
1 999
-
4 554
-
Corporate
16 830
30 000
-
-
income
2 525
4 500
-
-
total
2 525
4 500
-
-
Dividends
14 306
25 500
-
-
withholding
2 146
3 825
-
-
total
2 146
3 825
-
-
Income
30 000
30 000
30 000
30 000
Total tax
10 433
8 325
14 154
15 308
After tax
19 567
21 675
15 846
14 692
Living cost
7 408
7 408
7 408
7 408
Free-cash
12 159
14 267
8 438
7 284

Estimated living cost  is ₴7408 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
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.
₴1633
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
₴5517
₴5362
₴5555
₴4491
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.

-
-
-
30 000
income
-
-
-
2 473
surtax
-
-
-
-
social contributions

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

-
-
-
10 425
total
-
-
-
12 898
Employee
16 624
-
24 242
-
social contributions
1 829
-
2 667
-
surtax
-
-
-
-
income
3 248
-
5 538
-
total
5 077
-
8 205
-
Employer
16 624
-
24 242
-
social contributions
3 948
-
5 757
-
total
3 948
-
5 757
-
Corporate
9 428
30 000
-
-
surtax
-
-
-
-
income
1 980
6 300
-
-
total
1 980
6 300
-
-
Dividends
7 448
23 700
-
-
withholding
2 086
6 636
-
-
total
2 086
6 636
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 091
12 936
13 962
12 898
After tax
16 909
17 064
16 038
17 102
Living cost
11 547
11 547
11 547
11 547
Free-cash
5 362
5 517
4 491
5 555

Estimated living cost  is ₴11547 per week

₴8179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
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
₴5190
₴1871
₴1138
₴1350
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
-
-
-
30 000
accident
-
-
-
270
income
-
-
-
4 809
pensions
-
-
-
8 490
other
-
-
-
30
unemployment
-
-
-
210
total
-
-
-
13 809
Employee
20 686
-
22 748
-
other
20
-
23
-
income
4 321
-
4 900
-
pensions
972
-
1 069
-
unemployment
320
-
353
-
total
5 633
-
6 345
-
Employer
20 686
-
22 748
-
accident
410
-
450
-
other
166
-
182
-
unemployment
1 138
-
1 251
-
pensions
4 882
-
5 369
-
total
6 596
-
7 252
-
Corporate
2 719
30 000
-
-
income

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

408
4 500
-
-
total
408
4 500
-
-
Dividends
2 311
25 500
-
-
withholding
439
5 257
-
-
total
439
5 257
-
-
Income
30 000
30 000
30 000
30 000
Total tax
13 076
9 757
13 597
13 809
After tax
16 924
20 243
16 403
16 191
Living cost
15 053
15 053
15 053
15 053
Free-cash
1 871
5 190
1 350
1 138

Estimated living cost  is ₴15053 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
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.
₴2860
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
₴18278
₴15666
₴14130
₴14816
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
-
-
-
30 000
income
-
-
-
4 500
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
8 498
Employee
9 762
-
27 063
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
2 706
-
pensions

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

857
-
1 314
-
total
2 389
-
4 874
-
Employer
9 762
-
27 063
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
18 322
30 000
-
-
income
1 832
3 000
-
-
total
1 832
3 000
-
-
Dividends
16 490
27 000
-
-
withholding
825
1 350
-
-
total
825
1 350
-
-
Income
30 000
30 000
30 000
30 000
Total tax
6 962
4 350
7 812
8 498
After tax
23 038
25 650
22 188
21 502
Living cost
7 372
7 372
7 372
7 372
Free-cash
15 666
18 278
14 816
14 130

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴1899
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
-₴1021
₴4581
₴4501
₴5949
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.

-
-
-
30 000
trade
-
-
-
1 448
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.

-
-
-
4 350
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.

-
-
-
2 926
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.

-
-
-
239
total
-
-
-
8 963
Employee

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

21 311
-
30 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

2 926
-
2 926
-
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.

97
-
239
-
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.

1 752
-
4 350
-
total
4 775
-
7 515
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 689
30 000
-
-
surtax

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

72
247
-
-
income
1 303
4 500
-
-
trade
1 247
4 305
-
-
chamber of commerce
78
109
-
-
total
2 700
9 161
-
-
Dividends
5 989
20 840
-
-
surtax

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

73
277
-
-
withholding
1 335
5 047
-
-
total
1 408
5 324
-
-
Income
30 000
30 000
30 000
30 000
Total tax
8 883
14 485
7 515
8 963
After tax
21 117
15 515
22 485
21 037
Living cost
16 536
16 536
16 536
16 536
Free-cash
4 581
-1 021
5 949
4 501

Estimated living cost  is ₴16536 per week

₴11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3110
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
-₴3399
-₴3504
-₴1718
-₴1718
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
-
-
-
30 000
income
-
-
-
4 921
social contributions
-
-
-
2 398
total
-
-
-
7 319
Employee
33 504
-
30 000
-
income
6 322
-
4 921
-
social contributions
2 783
-
2 398
-
total
9 105
-
7 319
-
Employer
33 504
-
30 000
-
total
-
-
-
-
Corporate
-
30 000
-
-
income
-
3 750
-
-
total
-
3 750
-
-
Dividends
-
26 250
-
-
withholding
-
5 250
-
-
total
-
5 250
-
-
Income
30 000
30 000
30 000
30 000
Total tax
9 105
9 000
7 319
7 319
After tax
20 895
21 000
22 681
22 681
Living cost
24 399
24 399
24 399
24 399
Free-cash
-3 504
-3 399
-1 718
-1 718

Estimated living cost  is ₴24399 per week

₴18562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
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
₴1689
₴4169
-₴601
₴6285
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.

-
-
-
30 000
income
-
-
-
12 192
health

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

-
-
-
2 861
total
-
-
-
15 053
Employee
19 649
-
28 030
-
income
2 132
-
4 227
-
social contributions
1 969
-
1 970
-
total
4 101
-
6 197
-
Employer
19 649
-
28 030
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
8 383
30 000
-
-
income
2 934
10 500
-
-
total
2 934
10 500
-
-
Dividends
5 448
19 500
-
-
social contributions
1 279
2 263
-
-
total
1 279
2 263
-
-
Income
30 000
30 000
30 000
30 000
Total tax
10 283
12 763
8 167
15 053
After tax
19 717
17 237
21 833
14 947
Living cost
15 548
15 548
15 548
15 548
Free-cash
4 169
1 689
6 285
-601

Estimated living cost  is ₴15548 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴6513
₴4088
₴6449
₴3242
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
-
-
-
30 000
income
-
-
-
5 604
pensions
-
-
-
1 982
total
-
-
-
7 586
Employee
21 914
-
26 629
-
health
286
-
382
-
income
3 991
-
4 802
-
pensions
1 673
-
2 239
-
total
5 950
-
7 423
-
Employer
21 914
-
26 629
-
pensions
2 214
-
2 864
-
health
416
-
506
-
total
2 630
-
3 370
-
Corporate
5 456
30 000
-
-
income

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

1 036
5 700
-
-
total
1 036
5 700
-
-
Dividends
4 419
24 300
-
-
withholding
331
1 822
-
-
total
331
1 822
-
-
Income
30 000
30 000
30 000
30 000
Total tax
9 947
7 522
10 793
7 586
After tax
20 053
22 478
19 207
22 414
Living cost
15 965
15 965
15 965
15 965
Free-cash
4 088
6 513
3 242
6 449

Estimated living cost  is ₴15965 per week

₴10952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴3344
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
-₴7713
₴875
₴10526
₴5242
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
-
-
-
30 000
accident
-
-
-
108
income
-
-
-
6 364
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
9 331
Employee
15 956
-
24 921
-
health
1 827
-
2 853
-
income
2 189
-
3 877
-
pensions
1 797
-
2 806
-
total
5 813
-
9 536
-
Employer
15 956
-
24 921
-
accident
266
-
416
-
unemployment
391
-
611
-
pensions
2 594
-
4 052
-
total
3 251
-
5 079
-
Corporate
10 792
30 000
-
-
income

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

9 713
27 000
-
-
total
9 713
27 000
-
-
Dividends
1 079
3 000
-
-
withholding
205
570
-
-
total
205
570
-
-
Income
30 000
30 000
30 000
30 000
Total tax
18 982
27 570
14 615
9 331
After tax
11 018
2 430
15 385
20 669
Living cost
10 143
10 143
10 143
10 143
Free-cash
875
-7 713
5 242
10 526

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
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.
₴1904
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
₴19715
₴17633
₴11706
₴11706
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.

-
-
-
30 000
work injury
-
-
-
150
health insurance
-
-
-
2 220
income
-
-
-
4 259
pensions
-
-
-
5 520
unemployment
-
-
-
360
total
-
-
-
12 509
Employee

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

9 257
-
30 000
-
work injury
46
-
150
-
income
926
-
4 259
-
pensions
1 703
-
5 520
-
health insurance
685
-
2 220
-
unemployment
111
-
360
-
total
3 471
-
12 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 743
30 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
20 743
30 000
-
-
withholding
3 111
4 500
-
-
total
3 111
4 500
-
-
Income
30 000
30 000
30 000
30 000
Total tax
6 582
4 500
12 509
12 509
After tax
23 418
25 500
17 491
17 491
Living cost
5 785
5 785
5 785
5 785
Free-cash
17 633
19 715
11 706
11 706

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1600
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
-₴1261
-₴6092
-₴995
-₴2660
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
-
-
-
30 000
municipal
-
-
-
201
regional
-
-
-
486
national
-
-
-
5 529
social contributions
-
-
-
7 716
total
-
-
-
13 932
Employee
36 093
-
30 000
-
social contributions
12 170
-
10 116
-
regional
545
-
421
-
municipal
215
-
179
-
national
6 099
-
4 881
-
total
19 029
-
15 597
-
Employer
36 093
-
30 000
-
total
-
-
-
-
Corporate
-
30 000
-
-
nationa
-
7 200
-
-
municipal
-
1 446
-
-
total
-
8 646
-
-
Dividends
-
21 354
-
-
withholding
-
5 552
-
-
total
-
5 552
-
-
Income
30 000
30 000
30 000
30 000
Total tax
19 029
14 198
15 597
13 932
After tax
10 971
15 802
14 403
16 068
Living cost
17 063
17 063
17 063
17 063
Free-cash
-6 092
-1 261
-2 660
-995

Estimated living cost  is ₴17063 per week

₴11986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
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.
₴3645
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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[[ place.name ]], [[ place.country ]]

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Estimated living cost

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