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
₴ 30500
per

Your estimated
City
free-cash

Dresden , Germany
₴8136
₴9788
₴7180
₴2420
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.

-
-
-
30 500
trade
-
-
-
1 652
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.

-
-
-
2 941
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.

-
-
-
4 485
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.

-
-
-
247
total
-
-
-
9 325
Employee

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

16 465
-
30 500
-
surtax

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

25
-
247
-
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.

460
-
4 485
-
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.

2 941
-
2 941
-
total
3 426
-
7 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 035
30 500
-
-
trade
2 211
4 803
-
-
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.

116
252
-
-
income
2 105
4 575
-
-
chamber of commerce
86
109
-
-
total
4 518
9 739
-
-
Dividends
9 518
20 761
-
-
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.

122
276
-
-
withholding
2 215
5 026
-
-
total
2 337
5 302
-
-
Income
30 500
30 500
30 500
30 500
Total tax
10 281
15 041
7 673
9 325
After tax
20 219
15 459
22 827
21 175
Living cost
13 039
13 039
13 039
13 039
Free-cash
7 180
2 420
9 788
8 136

Estimated living cost  is ₴13039 per week

₴8202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3073
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
-₴2912
-₴2672
-₴6220
-₴2685
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
-
-
-
30 500
social contributions
-
-
-
328
municipal
-
-
-
3 023
national
-
-
-
4 684
pensions
-
-
-
3 660
total
-
-
-
11 695
Employee
33 665
-
26 367
-
pensions
1 347
-
1 055
-
national
6 443
-
4 867
-
municipal
4 158
-
3 141
-
total
11 948
-
9 063
-
Employer
33 665
-
26 367
-
pensions
2 693
-
2 109
-
social contributions
362
-
283
-
total
3 055
-
2 392
-
Corporate
-
30 500
-
-
income

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

-
6 100
-
-
total
-
6 100
-
-
Dividends
-
24 400
-
-
withholding
-
5 368
-
-
total
-
5 368
-
-
Income
30 500
30 500
30 500
30 500
Total tax
15 003
11 468
11 455
11 695
After tax
15 497
19 032
19 045
18 805
Living cost
21 717
21 717
21 717
21 717
Free-cash
-6 220
-2 685
-2 672
-2 912

Estimated living cost  is ₴21717 per week

₴14761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
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.
₴4612
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
₴15614
₴8378
₴11913
₴15444
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.

-
-
-
30 500
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.

-
-
-
1 355
income
-
-
-
-
microenterprise
-
-
-
4 575
surtax
-
-
-
-
total
-
-
-
5 930
Employee
12 579
-
24 579
-
income
2 239
-
4 541
-
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.

1 384
-
2 704
-
surtax
-
-
-
-
total
3 623
-
7 245
-
Employer
12 579
-
24 579
-
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.

3 030
-
5 921
-
surtax
-
-
-
-
total
3 030
-
5 921
-
Corporate
14 891
30 500
-
-
income

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

2 978
6 100
-
-
total
2 978
6 100
-
-
Dividends

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

11 913
24 400
-
-
total
-
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
9 631
6 100
13 166
5 930
After tax
20 869
24 400
17 334
24 570
Living cost
8 956
8 956
8 956
8 956
Free-cash
11 913
15 444
8 378
15 614

Estimated living cost  is ₴8956 per week

₴5713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
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
-₴651
-₴12246
-₴12246
-₴9830
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
-
-
-
30 500
health
-
-
-
4 442
income
-
-
-
3 632
pensions
-
-
-
5 044
total
-
-
-
13 118
Employee
36 761
36 761
36 761
-
income

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

6 017
6 017
6 017
-
pensions
6 617
5 044
6 617
-
health
5 642
4 799
5 642
-
total
18 276
15 860
18 276
-
Employer
36 761
36 761
36 761
-
pensions
2 559
2 559
2 559
-
health
2 555
2 555
2 555
-
unemployment
1 323
1 323
1 323
-
total
6 437
6 437
6 437
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
24 713
22 297
24 713
13 118
After tax
5 787
8 203
5 787
17 382
Living cost
18 033
18 033
18 033
18 033
Free-cash
-12 246
-9 830
-12 246
-651

Estimated living cost  is ₴18033 per week

₴12780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3341
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
-₴1304
-₴222
-₴416
₴144
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
-
-
-
30 500
other
-
-
-
3 544
unemployment
-
-
-
30
accident
-
-
-
61
municipal
-
-
-
6 460
health
-
-
-
1 903
national
-
-
-
-
pensions
-
-
-
3 297
total
-
-
-
15 295
Employee
23 524
-
23 208
-
national
-
-
-
-
municipal
7 015
-
6 921
-
total
7 015
-
6 921
-
Employer
23 524
-
23 208
-
pensions
2 543
-
2 509
-
other
2 734
-
2 697
-
accident
47
-
46
-
health
1 447
-
1 427
-
unemployment
621
-
613
-
total
7 392
-
7 292
-
Corporate
-
30 500
-
-
income
-
6 710
-
-
total
-
6 710
-
-
Dividends
-
23 790
-
-
withholding
-
7 137
-
-
total
-
7 137
-
-
Income
30 500
30 500
30 500
30 500
Total tax
14 407
13 847
14 213
15 295
After tax
16 093
16 653
16 287
15 205
Living cost
16 509
16 509
16 509
16 509
Free-cash
-416
144
-222
-1 304

Estimated living cost  is ₴16509 per week

₴10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1620
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.
₴3697
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
₴4191
₴5916
₴4436
-₴1611
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.

-
-
-
30 500
trade
-
-
-
1 725
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.

-
-
-
2 941
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.

-
-
-
4 485
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.

-
-
-
247
total
-
-
-
9 398
Employee

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

21 830
-
30 500
-
surtax

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

103
-
247
-
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.

1 876
-
4 485
-
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.

2 941
-
2 941
-
total
4 920
-
7 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 670
30 500
-
-
trade
1 426
5 017
-
-
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
252
-
-
income
1 301
4 575
-
-
chamber of commerce
78
109
-
-
total
2 877
9 953
-
-
Dividends
5 793
20 548
-
-
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.

71
274
-
-
withholding
1 285
4 973
-
-
total
1 356
5 247
-
-
Income
30 500
30 500
30 500
30 500
Total tax
9 153
15 200
7 673
9 398
After tax
21 347
15 300
22 827
21 102
Living cost
16 911
16 911
16 911
16 911
Free-cash
4 436
-1 611
5 916
4 191

Estimated living cost  is ₴16911 per week

₴11310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3565
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
₴9090
₴7733
₴6652
₴6804
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
-
-
-
30 500
social contributions
-
-
-
4 758
health
-
-
-
778
income
-
-
-
1 912
total
-
-
-
7 448
Employee
33 101
33 101
33 101
-
income
3 476
3 064
3 226
-
social contributions
1 608
2 747
2 298
-
health
329
563
471
-
total
5 413
6 374
5 995
-
Employer
33 101
33 101
33 101
-
health
359
613
512
-
social contributions
1 608
2 747
2 298
-
total
1 967
3 360
2 810
-
Corporate
9 157
-
-
-
income
1 144
-
-
-
total
1 144
-
-
-
Dividends
8 012
-
-
-
withholding
1 362
-
-
-
total
1 362
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
9 886
9 734
8 805
7 448
After tax
20 614
20 766
21 695
23 052
Living cost
13 962
13 962
13 962
13 962
Free-cash
6 652
6 804
7 733
9 090

Estimated living cost  is ₴13962 per week

₴9545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1091
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.
₴3093
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
₴13254
₴9806
₴9517
₴9355
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
-
-
-
30 500
unemployment
-
-
-
457
health
-
-
-
2 135
income
-
-
-
3 729
pensions
-
-
-
3 050
total
-
-
-
9 371
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.

11 368
4 524
25 523
-
income
1 390
553
3 120
-
pensions
1 137
452
2 552
-
unemployment
171
68
383
-
health
796
317
1 787
-
total
3 494
1 390
7 842
-
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.

11 368
4 524
25 523
-
pensions
2 217
882
4 977
-
total
2 217
882
4 977
-
Corporate
16 915
25 093
-
-
income
1 522
2 258
-
-
total
1 522
2 258
-
-
Dividends
15 393
22 835
-
-
social contributions
2 950
4 401
-
-
withholding
2 925
4 339
-
-
total
5 875
8 740
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 108
13 270
12 819
9 371
After tax
17 392
17 230
17 681
21 129
Living cost
7 875
7 875
7 875
7 875
Free-cash
9 517
9 355
9 806
13 254

Estimated living cost  is ₴7875 per week

₴5374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
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.
₴1699
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
₴5967
₴7182
₴11328
₴14002
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
-
-
-
30 500
health
-
-
-
3 965
income
-
-
-
4 070
pensions
-
-
-
6 100
total
-
-
-
14 135
Employee
12 212
-
22 795
-
income
1 375
-
4 395
-
pensions
244
-
456
-
unemployment
195
-
364
-
total
1 814
-
5 215
-
Employer
12 212
-
22 795
-
pensions
2 443
-
4 559
-
health
1 587
-
2 964
-
unemployment
98
-
182
-
total
4 128
-
7 705
-
Corporate
14 160
30 500
-
-
income
2 832
6 100
-
-
total
2 832
6 100
-
-
Dividends
11 328
24 400
-
-
total
-
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
8 774
6 100
12 920
14 135
After tax
21 726
24 400
17 580
16 365
Living cost
10 398
10 398
10 398
10 398
Free-cash
11 328
14 002
7 182
5 967

Estimated living cost  is ₴10398 per week

₴7132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴619
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.
₴2438
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
₴11568
₴6175
₴1022
-₴6976
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
-
-
-
30 500
other
-
-
-
159
accident
-
-
-
108
health
-
-
-
936
income
-
-
-
6 497
pensions
-
-
-
1 786
total
-
-
-
9 486
Employee
14 858
-
25 337
-
income
2 038
-
3 961
-
pensions
1 673
-
2 853
-
health
1 701
-
2 901
-
total
5 412
-
9 715
-
Employer
14 858
-
25 337
-
pensions
2 416
-
4 120
-
accident
248
-
423
-
unemployment
364
-
621
-
total
3 028
-
5 164
-
Corporate
12 613
30 500
-
-
income

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

11 352
27 450
-
-
total
11 352
27 450
-
-
Dividends
1 261
3 050
-
-
withholding
240
580
-
-
total
240
580
-
-
Income
30 500
30 500
30 500
30 500
Total tax
20 032
28 030
14 879
9 486
After tax
10 468
2 470
15 621
21 014
Living cost
9 446
9 446
9 446
9 446
Free-cash
1 022
-6 976
6 175
11 568

Estimated living cost  is ₴9446 per week

₴6923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
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.
₴1803
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
₴26329
₴20534
₴24385
₴25109
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%.

-
-
-
30 500
microenterprise

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

-
-
-
305
total
-
-
-
305
Employee
4 833
-
30 500
-
income
966
-
6 100
-
total
966
-
6 100
-
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%.

25 667
30 500
-
-
total
-
-
-
-
Dividends
25 667
30 500
-
-
withholding
1 283
1 525
-
-
total
1 283
1 525
-
-
Income
30 500
30 500
30 500
30 500
Total tax
2 249
1 525
6 100
305
After tax
28 251
28 975
24 400
30 195
Living cost
3 866
3 866
3 866
3 866
Free-cash
24 385
25 109
20 534
26 329

Estimated living cost  is ₴3866 per week

₴2396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴321
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.
₴1043
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
₴5047
₴6408
₴8030
₴10938
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
-
-
-
30 500
other
-
-
-
1 448
health
-
-
-
1 342
income
-
-
-
3 874
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.

-
-
-
7 319
total
-
-
-
13 983
Employee
15 630
-
24 361
-
income
2 691
-
4 193
-
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.

1 094
-
1 706
-
unemployment
156
-
243
-
health
219
-
341
-
total
4 160
-
6 483
-
Employer
15 630
-
24 361
-
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.

2 657
-
4 142
-
other
782
-
1 218
-
accident
125
-
195
-
health
219
-
341
-
unemployment
156
-
243
-
total
3 939
-
6 139
-
Corporate
10 931
30 500
-
-
income
2 296
6 405
-
-
total
2 296
6 405
-
-
Dividends
8 635
24 095
-
-
withholding
605
1 687
-
-
total
605
1 687
-
-
Income
30 500
30 500
30 500
30 500
Total tax
11 000
8 092
12 622
13 983
After tax
19 500
22 408
17 878
16 517
Living cost
11 470
11 470
11 470
11 470
Free-cash
8 030
10 938
6 408
5 047

Estimated living cost  is ₴11470 per week

₴8105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
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.
₴2407
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
-₴6252
-₴9516
-₴16212
-₴6184
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
-
-
-
30 500
income
-
-
-
5 696
pensions
-
-
-
2 020
total
-
-
-
7 716
Employee
41 082
-
27 068
-
income
7 405
-
4 879
-
pensions
3 963
-
2 281
-
health
677
-
390
-
total
12 045
-
7 550
-
Employer
41 082
-
27 068
-
pensions
4 851
-
2 916
-
health
780
-
514
-
total
5 631
-
3 430
-
Corporate
-
30 500
-
-
income

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

-
5 795
-
-
total
-
5 795
-
-
Dividends
-
24 705
-
-
withholding
-
1 853
-
-
total
-
1 853
-
-
Income
30 500
30 500
30 500
30 500
Total tax
17 676
7 648
10 980
7 716
After tax
12 824
22 852
19 520
22 784
Living cost
29 036
29 036
29 036
29 036
Free-cash
-16 212
-6 184
-9 516
-6 252

Estimated living cost  is ₴29036 per week

₴21757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3412
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.
₴3631
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
₴16272
₴16980
₴18436
₴20436
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
-
-
-
30 500
unemployment
-
-
-
60
health
-
-
-
1 728
income
-
-
-
4 575
pensions

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

-
-
-
2 224
total
-
-
-
8 587
Employee
7 469
-
27 552
-
income
747
-
2 755
-
pensions

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

656
-
1 320
-
health
344
-
691
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
total
1 829
-
4 931
-
Employer
7 469
-
27 552
-
pensions

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

823
-
1 656
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
health
516
-
1 037
-
unemployment
45
-
90
-
total
1 466
-
2 948
-
Corporate
21 565
30 500
-
-
income
2 157
3 050
-
-
total
2 157
3 050
-
-
Dividends
19 408
27 450
-
-
withholding
971
1 373
-
-
total
971
1 373
-
-
Income
30 500
30 500
30 500
30 500
Total tax
6 423
4 423
7 879
8 587
After tax
24 077
26 077
22 621
21 913
Living cost
5 641
5 641
5 641
5 641
Free-cash
18 436
20 436
16 980
16 272

Estimated living cost  is ₴5641 per week

₴3293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴403
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.
₴1795
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
-₴6488
-₴18083
-₴16397
-₴15667
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
-
-
-
30 500
health
-
-
-
4 442
income
-
-
-
3 632
pensions
-
-
-
5 044
total
-
-
-
13 118
Employee
39 910
36 761
36 761
-
income

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

6 017
6 017
6 017
-
pensions
5 044
5 044
6 617
-
health
4 979
4 799
5 642
-
total
16 040
15 860
18 276
-
Employer
39 910
36 761
36 761
-
pensions
2 777
2 559
2 559
-
health
2 773
2 555
2 555
-
unemployment
1 437
1 323
1 323
-
total
6 987
6 437
6 437
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
23 027
22 297
24 713
13 118
After tax
7 473
8 203
5 787
17 382
Living cost
23 870
23 870
23 870
23 870
Free-cash
-16 397
-15 667
-18 083
-6 488

Estimated living cost  is ₴23870 per week

₴17608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴3857
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
₴4514
₴5138
₴6969
₴10658
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
-
-
-
30 500
social contributions
-
-
-
8 906
health
-
-
-
4 118
income
-
-
-
2 621
solidarity contribution
-
-
-
-
total
-
-
-
15 645
Employee
15 207
-
22 761
-
income
1 825
-
2 731
-
solidarity contribution
-
-
-
-
social contributions
988
-
1 479
-
health
2 053
-
3 073
-
total
4 866
-
7 283
-
Employer
15 207
-
22 761
-
health
1 369
-
2 048
-
social contributions
3 802
-
5 690
-
total
5 171
-
7 738
-
Corporate
10 122
30 500
-
-
income
1 923
5 795
-
-
total
1 923
5 795
-
-
Dividends
8 199
24 705
-
-
withholding
1 230
3 706
-
-
total
1 230
3 706
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 190
9 501
15 021
15 645
After tax
17 310
20 999
15 479
14 855
Living cost
10 341
10 341
10 341
10 341
Free-cash
6 969
10 658
5 138
4 514

Estimated living cost  is ₴10341 per week

₴7183
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.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2219
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
-₴1632
-₴3356
-₴7758
-₴1891
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
-
-
-
30 500
social contributions
-
-
-
7 845
municipal
-
-
-
181
national
-
-
-
5 627
regional
-
-
-
315
total
-
-
-
13 968
Employee
38 258
-
30 500
-
national
6 629
-
4 968
-
social contributions
12 901
-
10 285
-
municipal
203
-
162
-
regional
361
-
277
-
total
20 094
-
15 692
-
Employer
38 258
-
30 500
-
total
-
-
-
-
Corporate
-
30 500
-
-
nationa
-
7 320
-
-
municipal
-
1 189
-
-
total
-
8 509
-
-
Dividends
-
21 990
-
-
withholding
-
5 718
-
-
total
-
5 718
-
-
Income
30 500
30 500
30 500
30 500
Total tax
20 094
14 227
15 692
13 968
After tax
10 406
16 273
14 808
16 532
Living cost
18 164
18 164
18 164
18 164
Free-cash
-7 758
-1 891
-3 356
-1 632

Estimated living cost  is ₴18164 per week

₴12662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴4032
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
₴7254
₴6584
₴8344
₴9686
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
-
-
-
30 500
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 166
income
-
-
-
4 949
surtax
-
-
-
434
pensions
-
-
-
6 100
total
-
-
-
13 747
Employee
14 236
-
25 197
-
income
2 386
-
4 655
-
pensions
949
-
1 680
-
unemployment
991
-
1 754
-
health
364
-
642
-
other
-
-
-
-
surtax
47
-
383
-
total
4 737
-
9 114
-
Employer
14 236
-
25 197
-
pensions
1 898
-
3 358
-
other
-
-
-
-
health
648
-
1 146
-
unemployment
451
-
799
-
total
2 997
-
5 303
-
Corporate
13 268
30 500
-
-
income
3 450
7 930
-
-
total
3 450
7 930
-
-
Dividends
9 818
22 570
-
-
withholding
1 473
3 385
-
-
total
1 473
3 385
-
-
Income
30 500
30 500
30 500
30 500
Total tax
12 657
11 315
14 417
13 747
After tax
17 843
19 185
16 083
16 753
Living cost
9 499
9 499
9 499
9 499
Free-cash
8 344
9 686
6 584
7 254

Estimated living cost  is ₴9499 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴877
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.
₴2595
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
₴2947
-₴317
-₴536
₴3015
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
-
-
-
30 500
income
-
-
-
5 696
pensions
-
-
-
2 020
total
-
-
-
7 716
Employee
27 532
-
27 068
-
income
4 959
-
4 879
-
pensions
2 337
-
2 281
-
health
400
-
390
-
total
7 696
-
7 550
-
Employer
27 532
-
27 068
-
pensions
2 980
-
2 916
-
health
523
-
514
-
total
3 503
-
3 430
-
Corporate
-
30 500
-
-
income

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

-
5 795
-
-
total
-
5 795
-
-
Dividends
-
24 705
-
-
withholding
-
1 853
-
-
total
-
1 853
-
-
Income
30 500
30 500
30 500
30 500
Total tax
11 199
7 648
10 980
7 716
After tax
19 301
22 852
19 520
22 784
Living cost
19 837
19 837
19 837
19 837
Free-cash
-536
3 015
-317
2 947

Estimated living cost  is ₴19837 per week

₴14862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴3281
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
-₴6810
-₴8378
-₴11212
-₴18597
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
-
-
-
30 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
610
health
-
-
-
106
city
-
-
-
321
national
-
-
-
115
regional
-
-
-
809
pensions
-
-
-
2 806
total
-
-
-
4 767
Employee
38 083
-
27 300
-
pensions
3 200
-
2 293
-
national
180
-
96
-
unemployment
-
-
-
-
city
409
-
293
-
health
86
-
61
-
regional
1 247
-
692
-
total
5 122
-
3 435
-
Employer
38 083
-
27 300
-
pensions
3 200
-
2 293
-
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.

761
-
546
-
health
86
-
61
-
unemployment
-
-
-
-
total
4 047
-
2 900
-
Corporate
-
30 500
-
-
regional
-
6 451
-
-
national
-
2 593
-
-
total
-
9 044
-
-
Dividends
-
21 456
-
-
withholding
-
7 510
-
-
total
-
7 510
-
-
Income
30 500
30 500
30 500
30 500
Total tax
9 169
16 554
6 335
4 767
After tax
21 331
13 946
24 165
25 733
Living cost
32 543
32 543
32 543
32 543
Free-cash
-11 212
-18 597
-8 378
-6 810

Estimated living cost  is ₴32543 per week

₴21162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴400
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.
₴8061
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
₴1309
₴3107
₴2405
-₴4577
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.

-
-
-
30 500
trade
-
-
-
1 798
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.

-
-
-
2 941
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.

-
-
-
4 485
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.

-
-
-
247
total
-
-
-
9 471
Employee

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

25 871
-
30 500
-
surtax

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

167
-
247
-
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.

3 042
-
4 485
-
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.

2 941
-
2 941
-
total
6 150
-
7 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 629
30 500
-
-
trade
794
5 231
-
-
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.

38
252
-
-
income
694
4 575
-
-
chamber of commerce
72
109
-
-
total
1 598
10 167
-
-
Dividends
3 031
20 334
-
-
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.

33
270
-
-
withholding
594
4 920
-
-
total
627
5 190
-
-
Income
30 500
30 500
30 500
30 500
Total tax
8 375
15 357
7 673
9 471
After tax
22 125
15 143
22 827
21 029
Living cost
19 720
19 720
19 720
19 720
Free-cash
2 405
-4 577
3 107
1 309

Estimated living cost  is ₴19720 per week

₴14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3484
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
₴3421
₴3556
₴3187
₴644
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
-
-
-
30 500
other
-
-
-
945
social contributions
-
-
-
868
health
-
-
-
264
income
-
-
-
1 653
surtax
-
-
-
-
pensions
-
-
-
8 621
total
-
-
-
12 351
Employee
18 424
-
23 240
-
income
1 087
-
1 669
-
pensions
2 083
-
2 629
-
social contributions
525
-
663
-
surtax
-
-
-
-
total
3 695
-
4 961
-
Employer
18 424
-
23 240
-
pensions
3 027
-
3 818
-
other
636
-
801
-
health
1 290
-
1 626
-
unemployment
746
-
941
-
social contributions
56
-
69
-
total
5 755
-
7 255
-
Corporate
6 323
30 500
-
-
surtax
-
-
-
-
income
1 770
8 540
-
-
total
1 770
8 540
-
-
Dividends
4 553
21 960
-
-
surtax
-
-
-
-
social contributions
783
3 777
-
-
withholding
582
2 811
-
-
total
1 365
6 588
-
-
Income
30 500
30 500
30 500
30 500
Total tax
12 585
15 128
12 216
12 351
After tax
17 915
15 372
18 284
18 149
Living cost
14 728
14 728
14 728
14 728
Free-cash
3 187
644
3 556
3 421

Estimated living cost  is ₴14728 per week

₴9287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1198
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.
₴3994
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
₴4880
₴5015
₴4495
₴2103
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
-
-
-
30 500
other
-
-
-
945
social contributions
-
-
-
868
health
-
-
-
264
income
-
-
-
1 653
surtax
-
-
-
-
pensions
-
-
-
8 621
total
-
-
-
12 351
Employee
16 446
-
23 240
-
income
848
-
1 669
-
pensions
1 860
-
2 629
-
social contributions
469
-
663
-
surtax
-
-
-
-
total
3 177
-
4 961
-
Employer
16 446
-
23 240
-
pensions
2 702
-
3 818
-
other
568
-
801
-
health
1 151
-
1 626
-
unemployment
666
-
941
-
social contributions
49
-
69
-
total
5 136
-
7 255
-
Corporate
8 918
30 500
-
-
surtax
-
-
-
-
income
2 497
8 540
-
-
total
2 497
8 540
-
-
Dividends
6 421
21 960
-
-
surtax
-
-
-
-
social contributions
1 104
3 777
-
-
withholding
822
2 811
-
-
total
1 926
6 588
-
-
Income
30 500
30 500
30 500
30 500
Total tax
12 736
15 128
12 216
12 351
After tax
17 764
15 372
18 284
18 149
Living cost
13 269
13 269
13 269
13 269
Free-cash
4 495
2 103
5 015
4 880

Estimated living cost  is ₴13269 per week

₴7695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Marseille model

Close
Vilnius , Lithuania
₴10459
₴8942
₴9704
₴9479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
30 500
social contributions
-
-
-
4 209
health
-
-
-
2 129
income
-
-
-
4 575
total
-
-
-
10 913
Employee
14 596
-
30 500
-
income
2 434
-
6 092
-
social contributions
2 014
-
4 209
-
health
1 019
-
2 129
-
total
5 467
-
12 430
-
Employer
14 596
-
30 500
-
total
-
-
-
-
Corporate
15 904
30 500
-
-
income

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

795
1 525
-
-
total
795
1 525
-
-
Dividends
15 110
28 975
-
-
social contributions
2 085
3 999
-
-
health
1 055
2 023
-
-
withholding
2 266
4 346
-
-
total
5 406
10 368
-
-
Income
30 500
30 500
30 500
30 500
Total tax
11 668
11 893
12 430
10 913
After tax
18 832
18 607
18 070
19 587
Living cost
9 128
9 128
9 128
9 128
Free-cash
9 704
9 479
8 942
10 459

Estimated living cost  is ₴9128 per week

₴6109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2246
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
₴1268
-₴4375
₴1476
₴2140
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
-
-
-
30 500
chamber of commerce
-
-
-
122
unemployment
-
-
-
2 640
health
-
-
-
2 333
income
-
-
-
3 242
surtax
-
-
-
85
pensions
-
-
-
5 642
total
-
-
-
14 064
Employee
21 513
17 155
23 618
-
income
2 449
1 265
3 053
-
pensions
2 203
1 756
2 418
-
unemployment
645
515
708
-
health
832
664
914
-
other
215
172
236
-
total
6 344
4 372
7 329
-
Employer
21 513
17 155
23 618
-
pensions
2 700
2 153
2 964
-
other
1 022
814
1 122
-
accident
279
223
307
-
health
813
649
893
-
payroll
645
515
708
-
chamber of commerce
86
69
95
-
unemployment
645
515
708
-
surtax
85
85
85
-
total
6 275
5 023
6 882
-
Corporate
2 711
8 323
21 984
-
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.

678
2 081
5 496
-
total
678
2 081
5 496
-
Dividends
2 033
6 242
-
-
withholding
559
1 716
-
-
total
559
1 716
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 856
13 192
19 707
14 064
After tax
16 644
17 308
10 793
16 436
Living cost
15 168
15 168
15 168
15 168
Free-cash
1 476
2 140
-4 375
1 268

Estimated living cost  is ₴15168 per week

₴10117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3509
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
-₴171
-₴3055
-₴9255
₴1455
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
-
-
-
30 500
social contributions
-
-
-
4 080
communal

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

-
-
-
1 585
national
-
-
-
9 310
total
-
-
-
14 975
Employee

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

30 792
-
23 622
-
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.

2 309
-
1 772
-
national
9 467
-
6 661
-
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.

268
-
206
-
communal

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

1 606
-
1 232
-
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.

1 447
-
1 111
-
total
15 097
-
10 982
-
Employer

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

30 792
-
23 622
-
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.

2 728
-
2 093
-
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.

400
-
307
-
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.

1 894
-
1 453
-
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.

449
-
345
-
surtax
3 491
-
2 679
-
total
8 962
-
6 877
-
Corporate
-
30 500
-
-
surtax
-
122
-
-
income
-
6 100
-
-
total
-
6 222
-
-
Dividends
-
24 278
-
-
withholding

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

-
7 127
-
-
total
-
7 127
-
-
Income
30 500
30 500
30 500
30 500
Total tax
24 059
13 349
17 859
14 975
After tax
6 441
17 151
12 641
15 525
Living cost
15 696
15 696
15 696
15 696
Free-cash
-9 255
1 455
-3 055
-171

Estimated living cost  is ₴15696 per week

₴10110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
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.
₴3968
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
₴899
₴1113
₴1543
₴5032
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
-
-
-
30 500
other
-
-
-
30
unemployment
-
-
-
213
accident
-
-
-
274
income
-
-
-
4 907
pensions
-
-
-
8 631
total
-
-
-
14 055
Employee
21 428
-
23 127
-
income
4 521
-
4 999
-
pensions
1 007
-
1 087
-
unemployment
332
-
359
-
other
21
-
23
-
total
5 881
-
6 468
-
Employer
21 428
-
23 127
-
pensions
5 057
-
5 458
-
other
171
-
185
-
accident
424
-
458
-
unemployment
1 179
-
1 272
-
total
6 831
-
7 373
-
Corporate
2 242
30 500
-
-
income

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

337
4 575
-
-
total
337
4 575
-
-
Dividends
1 905
25 925
-
-
withholding
362
5 347
-
-
total
362
5 347
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 411
9 922
13 841
14 055
After tax
17 089
20 578
16 659
16 445
Living cost
15 546
15 546
15 546
15 546
Free-cash
1 543
5 032
1 113
899

Estimated living cost  is ₴15546 per week

₴11448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1103
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.
₴2771
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
-₴3766
-₴3200
-₴5995
-₴4420
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
-
-
-
30 500
accident
-
-
-
274
health
-
-
-
2 288
income
-
-
-
1 816
communal
-
-
-
-
surtax
-
-
-
1 614
pensions
-
-
-
4 880
total
-
-
-
10 872
Employee
32 599
-
27 245
-
income
3 149
-
1 988
-
pensions
2 608
-
2 180
-
health
1 451
-
1 212
-
surtax
1 998
-
1 670
-
total
9 206
-
7 050
-
Employer
32 599
-
27 245
-
pensions
2 608
-
2 180
-
accident
293
-
245
-
health
994
-
831
-
total
3 895
-
3 256
-
Corporate
-
30 500
-
-
communal
-
2 059
-
-
surtax
-
320
-
-
income
-
4 575
-
-
total
-
6 954
-
-
Dividends
-
23 546
-
-
withholding
-
3 532
-
-
income
-
1 040
-
-
total
-
4 572
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 101
11 526
10 306
10 872
After tax
17 399
18 974
20 194
19 628
Living cost
23 394
23 394
23 394
23 394
Free-cash
-5 995
-4 420
-3 200
-3 766

Estimated living cost  is ₴23394 per week

₴17549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴7084
₴6414
₴8147
₴9516
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
-
-
-
30 500
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 166
income
-
-
-
4 949
surtax
-
-
-
434
pensions
-
-
-
6 100
total
-
-
-
13 747
Employee
14 497
-
25 197
-
income
2 430
-
4 655
-
pensions
967
-
1 680
-
unemployment
1 009
-
1 754
-
health
370
-
642
-
other
-
-
-
-
surtax
51
-
383
-
total
4 827
-
9 114
-
Employer
14 497
-
25 197
-
pensions
1 933
-
3 358
-
other
-
-
-
-
health
659
-
1 146
-
unemployment
460
-
799
-
total
3 052
-
5 303
-
Corporate
12 951
30 500
-
-
income
3 367
7 930
-
-
total
3 367
7 930
-
-
Dividends
9 584
22 570
-
-
withholding
1 438
3 385
-
-
total
1 438
3 385
-
-
Income
30 500
30 500
30 500
30 500
Total tax
12 684
11 315
14 417
13 747
After tax
17 816
19 185
16 083
16 753
Living cost
9 669
9 669
9 669
9 669
Free-cash
8 147
9 516
6 414
7 084

Estimated living cost  is ₴9669 per week

₴5838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2767
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
₴4791
₴3079
₴3480
₴4435
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
-
-
-
30 500
social contributions
-
-
-
7 845
municipal
-
-
-
181
national
-
-
-
5 627
regional
-
-
-
460
total
-
-
-
14 113
Employee
23 879
-
30 500
-
national
3 783
-
4 968
-
social contributions
8 052
-
10 285
-
municipal
127
-
162
-
regional
321
-
410
-
total
12 283
-
15 825
-
Employer
23 879
-
30 500
-
total
-
-
-
-
Corporate
6 621
30 500
-
-
nationa
1 589
7 320
-
-
municipal
329
1 516
-
-
total
1 918
8 836
-
-
Dividends
4 703
21 664
-
-
withholding
1 223
5 633
-
-
total
1 223
5 633
-
-
Income
30 500
30 500
30 500
30 500
Total tax
15 424
14 469
15 825
14 113
After tax
15 076
16 031
14 675
16 387
Living cost
11 596
11 596
11 596
11 596
Free-cash
3 480
4 435
3 079
4 791

Estimated living cost  is ₴11596 per week

₴7212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3011
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
₴2112
₴2736
₴3709
₴8256
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
-
-
-
30 500
social contributions
-
-
-
8 906
health
-
-
-
4 118
income
-
-
-
2 621
solidarity contribution
-
-
-
-
total
-
-
-
15 645
Employee
18 740
-
22 761
-
income
2 249
-
2 731
-
solidarity contribution
-
-
-
-
social contributions
1 218
-
1 479
-
health
2 530
-
3 073
-
total
5 997
-
7 283
-
Employer
18 740
-
22 761
-
health
1 687
-
2 048
-
social contributions
4 685
-
5 690
-
total
6 372
-
7 738
-
Corporate
5 389
30 500
-
-
income
1 024
5 795
-
-
total
1 024
5 795
-
-
Dividends
4 365
24 705
-
-
withholding
655
3 706
-
-
total
655
3 706
-
-
Income
30 500
30 500
30 500
30 500
Total tax
14 048
9 501
15 021
15 645
After tax
16 452
20 999
15 479
14 855
Living cost
12 743
12 743
12 743
12 743
Free-cash
3 709
8 256
2 736
2 112

Estimated living cost  is ₴12743 per week

₴9476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴2340
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
₴2787
-₴2924
₴3409
₴3620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
30 500
chamber of commerce
-
-
-
122
unemployment
-
-
-
2 640
health
-
-
-
2 333
income
-
-
-
3 242
surtax
-
-
-
-
pensions
-
-
-
5 642
total
-
-
-
13 979
Employee
18 817
17 155
23 684
-
income
1 676
1 265
3 071
-
pensions
1 927
1 756
2 425
-
unemployment
564
515
711
-
health
728
664
917
-
other
188
172
237
-
total
5 083
4 372
7 361
-
Employer
18 817
17 155
23 684
-
pensions
2 362
2 153
2 972
-
other
894
814
1 125
-
accident
244
223
308
-
health
712
649
895
-
payroll
564
515
711
-
chamber of commerce
75
69
95
-
unemployment
564
515
711
-
surtax
-
-
-
-
total
5 415
4 938
6 817
-
Corporate
6 267
8 408
22 050
-
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.

1 567
2 102
5 512
-
total
1 567
2 102
5 512
-
Dividends
4 701
6 306
-
-
withholding
1 292
1 734
-
-
total
1 292
1 734
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 357
13 146
19 690
13 979
After tax
17 143
17 354
10 810
16 521
Living cost
13 734
13 734
13 734
13 734
Free-cash
3 409
3 620
-2 924
2 787

Estimated living cost  is ₴13734 per week

₴8239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1403
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.
₴3848
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
₴24170
₴18375
₴21821
₴22950
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%.

-
-
-
30 500
microenterprise

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

-
-
-
305
total
-
-
-
305
Employee
7 532
-
30 500
-
income
1 506
-
6 100
-
total
1 506
-
6 100
-
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%.

22 968
30 500
-
-
total
-
-
-
-
Dividends
22 968
30 500
-
-
withholding
1 148
1 525
-
-
total
1 148
1 525
-
-
Income
30 500
30 500
30 500
30 500
Total tax
2 654
1 525
6 100
305
After tax
27 846
28 975
24 400
30 195
Living cost
6 025
6 025
6 025
6 025
Free-cash
21 821
22 950
18 375
24 170

Estimated living cost  is ₴6025 per week

₴4077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴253
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.
₴1493
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
₴4784
₴3909
₴5853
₴9454
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.

-
-
-
30 500
unemployment
-
-
-
46
health
-
-
-
3 001
income
-
-
-
5 553
pensions
-
-
-
5 570
total
-
-
-
14 170
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.

19 036
-
26 392
-
income
3 283
-
5 103
-
pensions
2 951
-
4 091
-
unemployment
27
-
37
-
health
1 229
-
1 705
-
total
7 490
-
10 936
-
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.

19 036
-
26 392
-
pensions
1 684
-
2 336
-
health
1 268
-
1 757
-
unemployment
11
-
16
-
total
2 963
-
4 109
-
Corporate
8 501
30 500
-
-
income
1 615
5 795
-
-
total
1 615
5 795
-
-
Dividends
6 886
24 705
-
-
withholding
1 033
3 705
-
-
total
1 033
3 705
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 101
9 500
15 045
14 170
After tax
17 399
21 000
15 455
16 330
Living cost
11 546
11 546
11 546
11 546
Free-cash
5 853
9 454
3 909
4 784

Estimated living cost  is ₴11546 per week

₴7924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴740
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.
₴2659
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
₴2571
₴6351
-₴33453
₴49
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
-
-
-
30 500
social contributions
-
-
-
3 477
income
-
-
-
5 945
total
-
-
-
9 422
Employee
26 537
-
-
-
income
5 853
-
-
-
social contributions
2 176
-
310
-
total
8 029
-
310
-
Employer
26 537
-
-
-
social contributions
37 417
-
5 332
-
total
37 417
-
5 332
-
Corporate
-
30 500
-
-
income
-
6 710
-
-
total
-
6 710
-
-
Dividends
-
23 790
-
-
income
-
5 234
-
-
total
-
5 234
-
-
Income
30 500
30 500
30 500
30 500
Total tax
45 446
11 944
5 642
9 422
After tax
-14 946
18 556
24 858
21 078
Living cost
18 507
18 507
18 507
18 507
Free-cash
-33 453
49
6 351
2 571

Estimated living cost  is ₴18507 per week

₴12008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1741
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.
₴4522
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
₴3873
₴2774
₴3412
₴3845
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.

-
-
-
30 500
social contributions

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

-
-
-
10 599
income
-
-
-
2 525
surtax
-
-
-
-
total
-
-
-
13 124
Employee
19 798
-
24 646
-
income
4 118
-
5 659
-
social contributions
2 178
-
2 711
-
surtax
-
-
-
-
total
6 296
-
8 370
-
Employer
19 798
-
24 646
-
social contributions
4 702
-
5 853
-
total
4 702
-
5 853
-
Corporate
5 999
30 500
-
-
surtax
-
-
-
-
income
1 260
6 405
-
-
total
1 260
6 405
-
-
Dividends
4 740
24 095
-
-
withholding
1 327
6 747
-
-
total
1 327
6 747
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 585
13 152
14 223
13 124
After tax
16 915
17 348
16 277
17 376
Living cost
13 503
13 503
13 503
13 503
Free-cash
3 412
3 845
2 774
3 873

Estimated living cost  is ₴13503 per week

₴10103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2378
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
-₴2642
-₴2507
-₴4881
-₴5419
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
-
-
-
30 500
other
-
-
-
945
social contributions
-
-
-
868
health
-
-
-
264
income
-
-
-
1 653
surtax
-
-
-
-
pensions
-
-
-
8 621
total
-
-
-
12 351
Employee
26 961
-
23 240
-
income
2 352
-
1 669
-
pensions
3 050
-
2 629
-
social contributions
768
-
663
-
surtax
-
-
-
-
total
6 170
-
4 961
-
Employer
26 961
-
23 240
-
pensions
4 430
-
3 818
-
other
930
-
801
-
health
1 887
-
1 626
-
unemployment
1 092
-
941
-
social contributions
81
-
69
-
total
8 420
-
7 255
-
Corporate
-
30 500
-
-
surtax
-
-
-
-
income
-
8 540
-
-
total
-
8 540
-
-
Dividends
-
21 960
-
-
surtax
-
-
-
-
social contributions
-
3 777
-
-
withholding
-
2 811
-
-
total
-
6 588
-
-
Income
30 500
30 500
30 500
30 500
Total tax
14 590
15 128
12 216
12 351
After tax
15 910
15 372
18 284
18 149
Living cost
20 791
20 791
20 791
20 791
Free-cash
-4 881
-5 419
-2 507
-2 642

Estimated living cost  is ₴20791 per week

₴14071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1701
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.
₴4734
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
₴10641
₴11496
₴13064
₴14510
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
-
-
-
30 500
social contributions
-
-
-
6 710
income
-
-
-
209
total
-
-
-
6 919
Employee
13 839
-
26 406
-
social contributions
899
-
1 716
-
income
-
-
254
-
total
899
-
1 970
-
Employer
13 839
-
26 406
-
social contributions
2 145
-
4 094
-
total
2 145
-
4 094
-
Corporate
14 515
30 500
-
-
income
1 452
3 050
-
-
total
1 452
3 050
-
-
Dividends
13 064
27 450
-
-
total
-
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
4 496
3 050
6 064
6 919
After tax
26 004
27 450
24 436
23 581
Living cost
12 940
12 940
12 940
12 940
Free-cash
13 064
14 510
11 496
10 641

Estimated living cost  is ₴12940 per week

₴8367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3354
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
-₴1309
-₴63310
-₴63310
-₴63310
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
-
-
-
30 500
municipal
-
-
-
5 247
national
-
-
-
3 043
labour market
-
-
-
2 410
pensions
-
-
-
373
total
-
-
-
11 073
Employee
87 522
87 522
87 522
-
labour market
6 992
6 992
6 992
-
pensions
124
124
124
-
national
10 692
10 692
10 692
-
municipal
18 637
18 637
18 637
-
total
36 445
36 445
36 445
-
Employer
87 522
87 522
87 522
-
pensions
249
249
249
-
municipal
18 667
18 667
18 667
-
national
10 711
10 711
10 711
-
labour market
7 002
7 002
7 002
-
total
36 629
36 629
36 629
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
73 074
73 074
73 074
11 073
After tax
-42 574
-42 574
-42 574
19 427
Living cost
20 736
20 736
20 736
20 736
Free-cash
-63 310
-63 310
-63 310
-1 309

Estimated living cost  is ₴20736 per week

₴14192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4391
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
₴11708
₴6315
₴1045
-₴6836
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
-
-
-
30 500
other
-
-
-
159
accident
-
-
-
108
health
-
-
-
936
income
-
-
-
6 497
pensions
-
-
-
1 786
total
-
-
-
9 486
Employee
14 639
-
25 337
-
income
2 008
-
3 961
-
pensions
1 648
-
2 853
-
health
1 676
-
2 901
-
total
5 332
-
9 715
-
Employer
14 639
-
25 337
-
pensions
2 380
-
4 120
-
accident
244
-
423
-
unemployment
359
-
621
-
total
2 983
-
5 164
-
Corporate
12 877
30 500
-
-
income

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

11 589
27 450
-
-
total
11 589
27 450
-
-
Dividends
1 288
3 050
-
-
withholding
245
580
-
-
total
245
580
-
-
Income
30 500
30 500
30 500
30 500
Total tax
20 149
28 030
14 879
9 486
After tax
10 351
2 470
15 621
21 014
Living cost
9 306
9 306
9 306
9 306
Free-cash
1 045
-6 836
6 315
11 708

Estimated living cost  is ₴9306 per week

₴6774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴1827
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
₴6323
₴1865
₴2477
₴4344
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

-
-
-
30 500
municipal
-
-
-
5 438
health
-
-
-
290
national
-
-
-
1 922
total
-
-
-
7 650
Employee
22 648
-
25 658
-
pensions
1 528
-
1 732
-
national
374
-
735
-
municipal
3 710
-
4 199
-
unemployment
340
-
385
-
health
169
-
216
-
total
6 121
-
7 267
-
Employer
22 648
-
25 658
-
pensions
3 929
-
4 451
-
accident
23
-
25
-
health
174
-
198
-
unemployment
147
-
167
-
total
4 273
-
4 841
-
Corporate
3 579
30 500
-
-
income
716
6 100
-
-
total
716
6 100
-
-
Dividends

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

2 147
18 300
-
-
municipal
386
3 294
-
-
national
-
235
-
-
total
386
3 529
-
-
Income
30 500
30 500
30 500
30 500
Total tax
11 496
9 629
12 108
7 650
After tax
19 004
20 871
18 392
22 850
Living cost
16 527
16 527
16 527
16 527
Free-cash
2 477
4 344
1 865
6 323

Estimated living cost  is ₴16527 per week

₴10795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3879
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
₴13085
₴11728
₴10086
₴10799
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
-
-
-
30 500
social contributions
-
-
-
4 758
health
-
-
-
778
income
-
-
-
1 912
total
-
-
-
7 448
Employee
33 101
33 101
33 101
-
income
3 604
3 064
3 226
-
social contributions
1 252
2 747
2 298
-
health
257
563
471
-
total
5 113
6 374
5 995
-
Employer
33 101
33 101
33 101
-
health
279
613
512
-
social contributions
1 252
2 747
2 298
-
total
1 531
3 360
2 810
-
Corporate
13 891
-
-
-
income
1 737
-
-
-
total
1 737
-
-
-
Dividends
12 154
-
-
-
withholding
2 066
-
-
-
total
2 066
-
-
-
Income
30 500
30 500
30 500
30 500
Total tax
10 447
9 734
8 805
7 448
After tax
20 053
20 766
21 695
23 052
Living cost
9 967
9 967
9 967
9 967
Free-cash
10 086
10 799
11 728
13 085

Estimated living cost  is ₴9967 per week

₴5973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
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.
₴2795
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
₴16628
₴12022
₴16231
₴18422
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
-
-
-
30 500
unemployment
-
-
-
12
health
-
-
-
1 558
income
-
-
-
2 729
pensions
-
-
-
2 738
total
-
-
-
7 037
Employee

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

9 881
-
27 651
-
income
676
-
2 160
-
pensions
1 482
-
4 147
-
unemployment
49
-
138
-
health
840
-
2 350
-
total
3 047
-
8 795
-
Employer

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

9 881
-
27 651
-
pensions
543
-
1 521
-
health
425
-
1 189
-
unemployment
49
-
138
-
total
1 017
-
2 848
-
Corporate
19 602
30 500
-
-
income
1 765
2 745
-
-
total
1 765
2 745
-
-
Dividends
17 838
27 755
-
-
withholding
1 605
2 498
-
-
total
1 605
2 498
-
-
Income
30 500
30 500
30 500
30 500
Total tax
7 434
5 243
11 643
7 037
After tax
23 066
25 257
18 857
23 463
Living cost
6 835
6 835
6 835
6 835
Free-cash
16 231
18 422
12 022
16 628

Estimated living cost  is ₴6835 per week

₴4361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1778
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
₴4607
₴4821
₴6482
₴8740
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
-
-
-
30 500
other
-
-
-
30
unemployment
-
-
-
213
accident
-
-
-
274
income
-
-
-
4 907
pensions
-
-
-
8 631
total
-
-
-
14 055
Employee
15 917
-
23 127
-
income
3 069
-
4 999
-
pensions
748
-
1 087
-
unemployment
247
-
359
-
other
16
-
23
-
total
4 080
-
6 468
-
Employer
15 917
-
23 127
-
pensions
3 756
-
5 458
-
other
127
-
185
-
accident
315
-
458
-
unemployment
876
-
1 272
-
total
5 074
-
7 373
-
Corporate
9 508
30 500
-
-
income

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

1 426
4 575
-
-
total
1 426
4 575
-
-
Dividends
8 082
25 925
-
-
withholding
1 600
5 347
-
-
total
1 600
5 347
-
-
Income
30 500
30 500
30 500
30 500
Total tax
12 180
9 922
13 841
14 055
After tax
18 320
20 578
16 659
16 445
Living cost
11 838
11 838
11 838
11 838
Free-cash
6 482
8 740
4 821
4 607

Estimated living cost  is ₴11838 per week

₴7990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2502
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
₴17952
₴17868
₴17658
₴17852
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
-
-
-
30 500
health
-
-
-
624
income
-
-
-
9 883
pensions
-
-
-
861
total
-
-
-
11 368
Employee
1 798
-
29 531
-
income
348
-
9 838
-
pensions
162
-
387
-
unemployment
18
-
43
-
health
90
-
215
-
total
618
-
10 483
-
Employer
1 798
-
29 531
-
pensions
198
-
474
-
health
171
-
409
-
unemployment
36
-
86
-
total
405
-
969
-
Corporate
28 298
30 500
-
-
income
6 225
6 710
-
-
total
6 225
6 710
-
-
Dividends
22 072
23 790
-
-
withholding
4 414
4 758
-
-
total
4 414
4 758
-
-
Income
30 500
30 500
30 500
30 500
Total tax
11 662
11 468
11 452
11 368
After tax
18 838
19 032
19 048
19 132
Living cost
1 180
1 180
1 180
1 180
Free-cash
17 658
17 852
17 868
17 952

Estimated living cost  is ₴1180 per week

₴701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴96
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.
₴356
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
₴7481
₴8633
₴12471
₴14589
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.

-
-
-
30 500
unemployment
-
-
-
458
health
-
-
-
3 142
income
-
-
-
4 042
pensions
-
-
-
7 930
total
-
-
-
15 572
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.

11 230
-
25 869
-
income
1 548
-
4 642
-
pensions
1 572
-
3 622
-
unemployment
84
-
194
-
health
578
-
1 332
-
total
3 782
-
9 790
-
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.

11 230
-
25 869
-
pensions
1 348
-
3 104
-
health
578
-
1 332
-
unemployment
84
-
194
-
total
2 010
-
4 630
-
Corporate
17 260
30 500
-
-
income
2 589
4 575
-
-
total
2 589
4 575
-
-
Dividends
14 671
25 925
-
-
withholding
2 201
3 889
-
-
total
2 201
3 889
-
-
Income
30 500
30 500
30 500
30 500
Total tax
10 582
8 464
14 420
15 572
After tax
19 918
22 036
16 080
14 928
Living cost
7 447
7 447
7 447
7 447
Free-cash
12 471
14 589
8 633
7 481

Estimated living cost  is ₴7447 per week

₴5014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1641
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
₴5771
₴4672
₴5587
₴5743
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.

-
-
-
30 500
social contributions

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

-
-
-
10 599
income
-
-
-
2 525
surtax
-
-
-
-
total
-
-
-
13 124
Employee
16 708
-
24 646
-
income
3 265
-
5 659
-
social contributions
1 838
-
2 711
-
surtax
-
-
-
-
total
5 103
-
8 370
-
Employer
16 708
-
24 646
-
social contributions
3 968
-
5 853
-
total
3 968
-
5 853
-
Corporate
9 825
30 500
-
-
surtax
-
-
-
-
income
2 064
6 405
-
-
total
2 064
6 405
-
-
Dividends
7 761
24 095
-
-
withholding
2 173
6 747
-
-
total
2 173
6 747
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 308
13 152
14 223
13 124
After tax
17 192
17 348
16 277
17 376
Living cost
11 605
11 605
11 605
11 605
Free-cash
5 587
5 743
4 672
5 771

Estimated living cost  is ₴11605 per week

₴8220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴806
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.
₴2374
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
₴1316
₴1530
₴2122
₴5449
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
-
-
-
30 500
other
-
-
-
30
unemployment
-
-
-
213
accident
-
-
-
274
income
-
-
-
4 907
pensions
-
-
-
8 631
total
-
-
-
14 055
Employee
20 790
-
23 127
-
income
4 342
-
4 999
-
pensions
977
-
1 087
-
unemployment
322
-
359
-
other
20
-
23
-
total
5 661
-
6 468
-
Employer
20 790
-
23 127
-
pensions
4 906
-
5 458
-
other
167
-
185
-
accident
412
-
458
-
unemployment
1 144
-
1 272
-
total
6 629
-
7 373
-
Corporate
3 082
30 500
-
-
income

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

462
4 575
-
-
total
462
4 575
-
-
Dividends
2 619
25 925
-
-
withholding
497
5 347
-
-
total
497
5 347
-
-
Income
30 500
30 500
30 500
30 500
Total tax
13 249
9 922
13 841
14 055
After tax
17 251
20 578
16 659
16 445
Living cost
15 129
15 129
15 129
15 129
Free-cash
2 122
5 449
1 530
1 316

Estimated living cost  is ₴15129 per week

₴10865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2875
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
₴14512
₴15220
₴16054
₴18676
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
-
-
-
30 500
unemployment
-
-
-
60
health
-
-
-
1 728
income
-
-
-
4 575
pensions

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

-
-
-
2 224
total
-
-
-
8 587
Employee
9 800
-
27 552
-
income
980
-
2 755
-
pensions

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

860
-
1 320
-
health
451
-
691
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
total
2 399
-
4 931
-
Employer
9 800
-
27 552
-
pensions

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

1 080
-
1 656
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
health
676
-
1 037
-
unemployment
59
-
90
-
total
1 923
-
2 948
-
Corporate
18 777
30 500
-
-
income
1 878
3 050
-
-
total
1 878
3 050
-
-
Dividends
16 899
27 450
-
-
withholding
845
1 373
-
-
total
845
1 373
-
-
Income
30 500
30 500
30 500
30 500
Total tax
7 045
4 423
7 879
8 587
After tax
23 455
26 077
22 621
21 913
Living cost
7 401
7 401
7 401
7 401
Free-cash
16 054
18 676
15 220
14 512

Estimated living cost  is ₴7401 per week

₴4895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1906
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
₴4703
₴6208
₴4785
-₴849
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.

-
-
-
30 500
trade
-
-
-
1 505
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.

-
-
-
2 941
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.

-
-
-
4 485
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.

-
-
-
247
total
-
-
-
9 178
Employee

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

21 419
-
30 500
-
surtax

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

97
-
247
-
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.

1 761
-
4 485
-
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.

2 941
-
2 941
-
total
4 799
-
7 673
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 081
30 500
-
-
trade
1 303
4 377
-
-
surtax

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

75
252
-
-
income
1 362
4 575
-
-
chamber of commerce
78
110
-
-
total
2 818
9 314
-
-
Dividends
6 263
21 186
-
-
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.

77
283
-
-
withholding
1 402
5 133
-
-
total
1 479
5 416
-
-
Income
30 500
30 500
30 500
30 500
Total tax
9 096
14 730
7 673
9 178
After tax
21 404
15 770
22 827
21 322
Living cost
16 619
16 619
16 619
16 619
Free-cash
4 785
-849
6 208
4 703

Estimated living cost  is ₴16619 per week

₴11464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3125
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
-₴1554
-₴1554
-₴3173
-₴3173
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
-
-
-
30 500
social contributions
-
-
-
2 448
income
-
-
-
5 084
total
-
-
-
7 532
Employee
33 673
-
30 500
-
social contributions
2 797
-
2 448
-
income
6 354
-
5 084
-
total
9 151
-
7 532
-
Employer
33 673
-
30 500
-
total
-
-
-
-
Corporate
-
30 500
-
-
income
-
3 813
-
-
total
-
3 813
-
-
Dividends
-
26 687
-
-
withholding
-
5 338
-
-
total
-
5 338
-
-
Income
30 500
30 500
30 500
30 500
Total tax
9 151
9 151
7 532
7 532
After tax
21 349
21 349
22 968
22 968
Living cost
24 522
24 522
24 522
24 522
Free-cash
-3 173
-3 173
-1 554
-1 554

Estimated living cost  is ₴24522 per week

₴18656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1998
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.
₴3634
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
-₴251
₴6579
₴4417
₴1925
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.

-
-
-
30 500
health

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

-
-
-
2 871
income
-
-
-
12 254
total
-
-
-
15 125
Employee
19 748
-
28 520
-
social contributions
1 979
-
1 980
-
income
2 143
-
4 335
-
total
4 122
-
6 315
-
Employer
19 748
-
28 520
-
social contributions
1 979
-
1 980
-
total
1 979
-
1 980
-
Corporate
8 774
30 500
-
-
income
3 071
10 675
-
-
total
3 071
10 675
-
-
Dividends
5 703
19 825
-
-
social contributions
1 285
2 274
-
-
total
1 285
2 274
-
-
Income
30 500
30 500
30 500
30 500
Total tax
10 457
12 949
8 295
15 125
After tax
20 043
17 551
22 205
15 375
Living cost
15 626
15 626
15 626
15 626
Free-cash
4 417
1 925
6 579
-251

Estimated living cost  is ₴15626 per week

₴10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3862
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
₴6657
₴3393
₴4275
₴6725
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
-
-
-
30 500
income
-
-
-
5 696
pensions
-
-
-
2 020
total
-
-
-
7 716
Employee
22 136
-
27 068
-
income
4 031
-
4 879
-
pensions
1 690
-
2 281
-
health
289
-
390
-
total
6 010
-
7 550
-
Employer
22 136
-
27 068
-
pensions
2 236
-
2 916
-
health
421
-
514
-
total
2 657
-
3 430
-
Corporate
5 707
30 500
-
-
income

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

1 084
5 795
-
-
total
1 084
5 795
-
-
Dividends
4 622
24 705
-
-
withholding
347
1 853
-
-
total
347
1 853
-
-
Income
30 500
30 500
30 500
30 500
Total tax
10 098
7 648
10 980
7 716
After tax
20 402
22 852
19 520
22 784
Living cost
16 127
16 127
16 127
16 127
Free-cash
4 275
6 725
3 393
6 657

Estimated living cost  is ₴16127 per week

₴11063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1483
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.
₴3378
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
₴10786
₴5393
₴900
-₴7758
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
-
-
-
30 500
other
-
-
-
159
accident
-
-
-
108
health
-
-
-
936
income
-
-
-
6 497
pensions
-
-
-
1 786
total
-
-
-
9 486
Employee
16 088
-
25 337
-
income
2 207
-
3 961
-
pensions
1 812
-
2 853
-
health
1 842
-
2 901
-
total
5 861
-
9 715
-
Employer
16 088
-
25 337
-
pensions
2 616
-
4 120
-
accident
269
-
423
-
unemployment
394
-
621
-
total
3 279
-
5 164
-
Corporate
11 133
30 500
-
-
income

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

10 020
27 450
-
-
total
10 020
27 450
-
-
Dividends
1 113
3 050
-
-
withholding
212
580
-
-
total
212
580
-
-
Income
30 500
30 500
30 500
30 500
Total tax
19 372
28 030
14 879
9 486
After tax
11 128
2 470
15 621
21 014
Living cost
10 228
10 228
10 228
10 228
Free-cash
900
-7 758
5 393
10 786

Estimated living cost  is ₴10228 per week

₴7506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴596
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.
₴1920
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
₴11957
₴11957
₴18020
₴20112
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.

-
-
-
30 500
work injury
-
-
-
152
unemployment
-
-
-
366
income
-
-
-
4 343
health insurance
-
-
-
2 257
pensions
-
-
-
5 612
total
-
-
-
12 730
Employee

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

9 301
-
30 500
-
income
930
-
4 343
-
work injury
46
-
152
-
pensions
1 711
-
5 612
-
unemployment
112
-
366
-
health insurance
688
-
2 257
-
total
3 487
-
12 730
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 199
30 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
21 199
30 500
-
-
withholding
3 180
4 575
-
-
total
3 180
4 575
-
-
Income
30 500
30 500
30 500
30 500
Total tax
6 667
4 575
12 730
12 730
After tax
23 833
25 925
17 770
17 770
Living cost
5 813
5 813
5 813
5 813
Free-cash
18 020
20 112
11 957
11 957

Estimated living cost  is ₴5813 per week

₴3601
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.
₴181
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.
₴1608
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

Close
Rome , Italy
-₴821
-₴2513
-₴5775
-₴1083
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
-
-
-
30 500
social contributions
-
-
-
7 845
municipal
-
-
-
204
national
-
-
-
5 627
regional
-
-
-
496
total
-
-
-
14 172
Employee
36 275
-
30 500
-
national
6 130
-
4 968
-
social contributions
12 232
-
10 285
-
municipal
216
-
182
-
regional
548
-
429
-
total
19 126
-
15 864
-
Employer
36 275
-
30 500
-
total
-
-
-
-
Corporate
-
30 500
-
-
nationa
-
7 320
-
-
municipal
-
1 470
-
-
total
-
8 790
-
-
Dividends
-
21 709
-
-
withholding
-
5 644
-
-
total
-
5 644
-
-
Income
30 500
30 500
30 500
30 500
Total tax
19 126
14 434
15 864
14 172
After tax
11 374
16 066
14 636
16 328
Living cost
17 149
17 149
17 149
17 149
Free-cash
-5 775
-1 083
-2 513
-821

Estimated living cost  is ₴17149 per week

₴12046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3664
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close