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
₴ 31000
per

Your estimated
City
free-cash

Valencia , Spain
₴10941
₴7995
₴8335
₴12533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 000
unemployment
-
-
-
197
income
-
-
-
5 868
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 966
total
-
-
-
14 313
Employee
11 230
-
23 506
-
unemployment
174
-
364
-
pensions
528
-
1 105
-
income
2 165
-
5 667
-
other
11
-
24
-
total
2 878
-
7 160
-
Employer
11 230
-
23 506
-
pensions
2 650
-
5 547
-
accident
222
-
465
-
unemployment
618
-
1 293
-
other
90
-
188
-
total
3 580
-
7 493
-
Corporate
16 189
31 000
-
-
income

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

2 428
4 650
-
-
total
2 428
4 650
-
-
Dividends
13 761
26 350
-
-
withholding
2 821
5 465
-
-
total
2 821
5 465
-
-
Income
31 000
31 000
31 000
31 000
Total tax
11 707
10 115
14 653
14 313
After tax
19 293
20 885
16 347
16 687
Living cost
8 352
8 352
8 352
8 352
Free-cash
10 941
12 533
7 995
8 335

Estimated living cost  is ₴8352 per week

₴5637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴12632
₴10018
₴8692
₴14683
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
-
-
-
31 000
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.

-
-
-
7 440
income
-
-
-
3 938
other
-
-
-
1 473
health
-
-
-
1 364
total
-
-
-
14 215
Employee
11 028
-
24 760
-
health
154
-
346
-
unemployment
110
-
248
-
pensions

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

772
-
1 733
-
income
1 899
-
4 323
-
total
2 935
-
6 650
-
Employer
11 028
-
24 760
-
health
154
-
346
-
pensions

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

1 875
-
4 209
-
accident
88
-
198
-
unemployment
110
-
248
-
other
552
-
1 238
-
total
2 779
-
6 239
-
Corporate
17 193
31 000
-
-
income
3 610
6 510
-
-
total
3 610
6 510
-
-
Dividends
13 583
24 490
-
-
withholding
951
1 714
-
-
total
951
1 714
-
-
Income
31 000
31 000
31 000
31 000
Total tax
10 275
8 224
12 889
14 215
After tax
20 725
22 776
18 111
16 785
Living cost
8 093
8 093
8 093
8 093
Free-cash
12 632
14 683
10 018
8 692

Estimated living cost  is ₴8093 per week

₴5718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴21111
₴20506
₴19535
₴22522
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
-
-
-
31 000
pensions

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

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
4 650
health
-
-
-
1 220
total
-
-
-
7 482
Employee
5 274
-
28 918
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
2 892
-
total
1 291
-
4 429
-
Employer
5 274
-
28 918
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
24 691
31 000
-
-
income
2 469
3 100
-
-
total
2 469
3 100
-
-
Dividends
22 222
27 900
-
-
withholding
1 111
1 395
-
-
total
1 111
1 395
-
-
Income
31 000
31 000
31 000
31 000
Total tax
5 906
4 495
6 511
7 482
After tax
25 094
26 505
24 489
23 518
Living cost
3 983
3 983
3 983
3 983
Free-cash
21 111
22 522
20 506
19 535

Estimated living cost  is ₴3983 per week

₴2325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴7028
₴9092
₴7442
₴5233
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
-
-
-
31 000
income
-
-
-
3 041
other
-
-
-
962
health
-
-
-
609
social contributions
-
-
-
883
pensions
-
-
-
7 672
surtax
-
-
-
-
total
-
-
-
13 167
Employee
12 999
-
25 144
-
pensions
1 470
-
1 210
-
income
767
-
3 735
-
social contributions
371
-
716
-
surtax
-
-
-
-
total
2 608
-
5 661
-
Employer
12 999
-
25 144
-
health
910
-
1 760
-
social contributions
39
-
76
-
pensions
2 135
-
2 135
-
unemployment
526
-
1 018
-
other
448
-
867
-
total
4 058
-
5 856
-
Corporate
13 942
31 000
-
-
income
3 904
8 680
-
-
surtax
-
-
-
-
total
3 904
8 680
-
-
Dividends
10 038
22 320
-
-
social contributions
1 726
3 839
-
-
surtax
-
-
-
-
withholding
1 285
2 857
-
-
total
3 011
6 696
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 581
15 376
11 517
13 167
After tax
17 419
15 624
19 483
17 833
Living cost
10 391
10 391
10 391
10 391
Free-cash
7 028
5 233
9 092
7 442

Estimated living cost  is ₴10391 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴428
₴2444
₴4870
₴2290
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
-
-
-
31 000
pensions
-
-
-
3 558
income
-
-
-
6 174
health
-
-
-
3 675
total
-
-
-
13 407
Employee
25 936
25 936
26 380
-
health
3 981
3 386
3 411
-
pensions
4 669
3 558
3 558
-
income

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

4 245
4 245
4 245
-
total
12 895
11 189
11 214
-
Employer
25 936
25 936
26 380
-
health
1 803
1 803
1 833
-
pensions
1 805
1 805
1 836
-
unemployment
934
934
950
-
total
4 542
4 542
4 619
-
Corporate
840
522
-
-
income
168
104
-
-
total
168
104
-
-
Dividends
672
418
-
-
income
143
89
-
-
withholding
101
63
-
-
total
244
152
-
-
Income
31 000
31 000
31 000
31 000
Total tax
17 849
15 987
15 833
13 407
After tax
13 151
15 013
15 167
17 593
Living cost
12 723
12 723
12 723
12 723
Free-cash
428
2 290
2 444
4 870

Estimated living cost  is ₴12723 per week

₴9017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴9832
₴12792
₴10134
₴6474
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.

-
-
-
31 000
trade
-
-
-
2 658
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.

-
-
-
6 573
health

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

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

-
-
-
2 075
surtax

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

-
-
-
361
total
-
-
-
11 667
Employee

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

11 617
-
31 000
-
health

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

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

2 075
-
2 075
-
income

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

324
-
6 573
-
surtax

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

18
-
361
-
total
2 417
-
9 009
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 383
31 000
-
-
income
2 908
4 650
-
-
trade
3 053
4 882
-
-
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.

160
256
-
-
chamber of commerce
74
90
-
-
total
6 195
9 878
-
-
Dividends
13 189
21 121
-
-
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.

175
284
-
-
withholding
3 182
5 165
-
-
total
3 357
5 449
-
-
Income
31 000
31 000
31 000
31 000
Total tax
11 969
15 327
9 009
11 667
After tax
19 031
15 673
21 991
19 333
Living cost
9 199
9 199
9 199
9 199
Free-cash
9 832
6 474
12 792
10 134

Estimated living cost  is ₴9199 per week

₴5787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₴14003
₴14843
₴14873
₴15658
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
-
-
-
31 000
income
-
-
-
3 468
health
-
-
-
791
social contributions
-
-
-
4 836
total
-
-
-
9 095
Employee
23 355
23 355
28 144
-
health
181
397
478
-
income
2 543
2 162
3 455
-
social contributions
883
1 938
2 336
-
total
3 607
4 497
6 269
-
Employer
23 355
23 355
28 144
-
health
197
432
520
-
social contributions
883
1 938
2 336
-
total
1 080
2 370
2 856
-
Corporate
19 282
5 275
-
-
income
2 410
659
-
-
total
2 410
659
-
-
Dividends
16 871
4 616
-
-
withholding
2 868
784
-
-
total
2 868
784
-
-
Income
31 000
31 000
31 000
31 000
Total tax
9 965
8 310
9 125
9 095
After tax
21 035
22 690
21 875
21 905
Living cost
7 032
7 032
7 032
7 032
Free-cash
14 003
15 658
14 843
14 873

Estimated living cost  is ₴7032 per week

₴4214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴7799
₴6169
₴7779
₴8106
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.

-
-
-
31 000
income
-
-
-
2 922
social contributions

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

-
-
-
10 772
surtax
-
-
-
-
total
-
-
-
13 694
Employee
13 969
-
25 050
-
income
2 906
-
6 599
-
social contributions
1 537
-
2 756
-
surtax
-
-
-
-
total
4 443
-
9 355
-
Employer
13 969
-
25 050
-
social contributions
3 318
-
5 949
-
total
3 318
-
5 949
-
Corporate
13 714
31 000
-
-
income
2 880
6 510
-
-
surtax
-
-
-
-
total
2 880
6 510
-
-
Dividends
10 834
24 490
-
-
withholding
3 033
6 857
-
-
total
3 033
6 857
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 674
13 367
15 304
13 694
After tax
17 326
17 633
15 696
17 306
Living cost
9 527
9 527
9 527
9 527
Free-cash
7 799
8 106
6 169
7 779

Estimated living cost  is ₴9527 per week

₴7128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴26760
₴22534
₴28424
₴27184
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%.

-
-
-
31 000
microenterprise

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

-
-
-
310
total
-
-
-
310
Employee
2 832
-
31 000
-
income
566
-
6 200
-
total
566
-
6 200
-
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%.

28 168
31 000
-
-
total
-
-
-
-
Dividends
28 168
31 000
-
-
withholding
1 408
1 550
-
-
total
1 408
1 550
-
-
Income
31 000
31 000
31 000
31 000
Total tax
1 974
1 550
6 200
310
After tax
29 026
29 450
24 800
30 690
Living cost
2 266
2 266
2 266
2 266
Free-cash
26 760
27 184
22 534
28 424

Estimated living cost  is ₴2266 per week

₴1404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₴10657
₴6977
₴7864
₴13197
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.

-
-
-
31 000
pensions
-
-
-
5 662
unemployment
-
-
-
47
income
-
-
-
6 230
health
-
-
-
3 051
total
-
-
-
14 990
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 431
-
26 823
-
health
867
-
1 733
-
unemployment
19
-
37
-
pensions
2 082
-
4 157
-
income
2 316
-
5 773
-
total
5 284
-
11 700
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 431
-
26 823
-
health
895
-
1 787
-
pensions
1 188
-
2 374
-
unemployment
8
-
16
-
total
2 091
-
4 177
-
Corporate
15 478
31 000
-
-
income
2 941
5 890
-
-
total
2 941
5 890
-
-
Dividends
12 537
25 110
-
-
withholding
1 881
3 767
-
-
total
1 881
3 767
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 197
9 657
15 877
14 990
After tax
18 803
21 343
15 123
16 010
Living cost
8 146
8 146
8 146
8 146
Free-cash
10 657
13 197
6 977
7 864

Estimated living cost  is ₴8146 per week

₴5591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴8658
₴11752
₴9391
₴7520
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.

-
-
-
31 000
income
-
-
-
8 645
health

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

-
-
-
1 939
total
-
-
-
10 584
Employee
13 933
-
29 603
-
social contributions
1 396
-
1 397
-
income
1 512
-
5 429
-
total
2 908
-
6 826
-
Employer
13 933
-
29 603
-
social contributions
1 396
-
1 397
-
total
1 396
-
1 397
-
Corporate
15 671
31 000
-
-
income
5 485
10 850
-
-
total
5 485
10 850
-
-
Dividends
10 187
20 150
-
-
social contributions
1 528
1 605
-
-
total
1 528
1 605
-
-
Income
31 000
31 000
31 000
31 000
Total tax
11 317
12 455
8 223
10 584
After tax
19 683
18 545
22 777
20 416
Living cost
11 025
11 025
11 025
11 025
Free-cash
8 658
7 520
11 752
9 391

Estimated living cost  is ₴11025 per week

₴7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴12630
₴13490
₴13468
₴12473
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
-
-
-
31 000
income
-
-
-
4 650
health
-
-
-
2 164
social contributions
-
-
-
4 278
total
-
-
-
11 092
Employee
10 298
-
31 000
-
health
719
-
2 164
-
income
1 718
-
4 628
-
social contributions
1 421
-
4 278
-
total
3 858
-
11 070
-
Employer
10 298
-
31 000
-
total
-
-
-
-
Corporate
20 702
31 000
-
-
income

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

1 035
1 550
-
-
total
1 035
1 550
-
-
Dividends
19 667
29 450
-
-
social contributions
2 714
4 064
-
-
withholding
2 950
4 417
-
-
health
1 373
2 056
-
-
total
7 037
10 537
-
-
Income
31 000
31 000
31 000
31 000
Total tax
11 930
12 087
11 070
11 092
After tax
19 070
18 913
19 930
19 908
Living cost
6 440
6 440
6 440
6 440
Free-cash
12 630
12 473
13 490
13 468

Estimated living cost  is ₴6440 per week

₴4310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴9801
₴7224
₴6592
₴12836
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
-
-
-
31 000
income
-
-
-
2 664
health
-
-
-
4 185
social contributions
-
-
-
9 052
solidarity contribution
-
-
-
-
total
-
-
-
15 901
Employee
12 511
-
23 134
-
health
1 689
-
3 123
-
solidarity contribution
-
-
-
-
income
1 501
-
2 776
-
social contributions
813
-
1 504
-
total
4 003
-
7 403
-
Employer
12 511
-
23 134
-
health
1 126
-
2 082
-
social contributions
3 128
-
5 784
-
total
4 254
-
7 866
-
Corporate
14 236
31 000
-
-
income
2 705
5 890
-
-
total
2 705
5 890
-
-
Dividends
11 531
25 110
-
-
withholding
1 730
3 767
-
-
total
1 730
3 767
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 692
9 657
15 269
15 901
After tax
18 308
21 343
15 731
15 099
Living cost
8 507
8 507
8 507
8 507
Free-cash
9 801
12 836
7 224
6 592

Estimated living cost  is ₴8507 per week

₴6327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴25257
₴21269
₴27159
₴25919
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%.

-
-
-
31 000
microenterprise

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

-
-
-
310
total
-
-
-
310
Employee
4 414
-
31 000
-
income
883
-
6 200
-
total
883
-
6 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

26 586
31 000
-
-
total
-
-
-
-
Dividends
26 586
31 000
-
-
withholding
1 329
1 550
-
-
total
1 329
1 550
-
-
Income
31 000
31 000
31 000
31 000
Total tax
2 212
1 550
6 200
310
After tax
28 788
29 450
24 800
30 690
Living cost
3 531
3 531
3 531
3 531
Free-cash
25 257
25 919
21 269
27 159

Estimated living cost  is ₴3531 per week

₴2389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴118
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₴3042
₴4814
₴3164
₴955
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
-
-
-
31 000
income
-
-
-
3 041
other
-
-
-
962
health
-
-
-
609
social contributions
-
-
-
883
pensions
-
-
-
7 672
surtax
-
-
-
-
total
-
-
-
13 167
Employee
19 022
-
25 144
-
pensions
2 152
-
1 210
-
income
1 660
-
3 735
-
social contributions
542
-
716
-
surtax
-
-
-
-
total
4 354
-
5 661
-
Employer
19 022
-
25 144
-
health
1 331
-
1 760
-
social contributions
57
-
76
-
pensions
3 126
-
2 135
-
unemployment
771
-
1 018
-
other
656
-
867
-
total
5 941
-
5 856
-
Corporate
6 036
31 000
-
-
income
1 690
8 680
-
-
surtax
-
-
-
-
total
1 690
8 680
-
-
Dividends
4 346
22 320
-
-
social contributions
748
3 839
-
-
surtax
-
-
-
-
withholding
556
2 857
-
-
total
1 304
6 696
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 289
15 376
11 517
13 167
After tax
17 711
15 624
19 483
17 833
Living cost
14 669
14 669
14 669
14 669
Free-cash
3 042
955
4 814
3 164

Estimated living cost  is ₴14669 per week

₴9928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴15676
₴11254
₴11255
₴17164
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.

-
-
-
31 000
pensions
-
-
-
5 815
unemployment
-
-
-
335
income
-
-
-
6 057
health
-
-
-
2 304
total
-
-
-
14 511
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 892
-
26 997
-
health
406
-
1 152
-
unemployment
59
-
168
-
pensions
1 105
-
3 131
-
income
1 088
-
6 057
-
total
2 658
-
10 508
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 892
-
26 997
-
health
406
-
1 152
-
pensions
947
-
2 684
-
unemployment
59
-
168
-
total
1 412
-
4 004
-
Corporate
21 695
31 000
-
-
income
3 254
4 650
-
-
total
3 254
4 650
-
-
Dividends
18 441
26 350
-
-
withholding
2 766
3 952
-
-
total
2 766
3 952
-
-
Income
31 000
31 000
31 000
31 000
Total tax
10 090
8 602
14 512
14 511
After tax
20 910
22 398
16 488
16 489
Living cost
5 234
5 234
5 234
5 234
Free-cash
15 676
17 164
11 254
11 255

Estimated living cost  is ₴5234 per week

₴3524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴2238
₴3308
₴4845
-₴6690
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
-
-
-
31 000
pensions
-
-
-
2 852
city
-
-
-
327
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.

-
-
-
620
health
-
-
-
70
regional
-
-
-
1 165
national
-
-
-
256
total
-
-
-
5 290
Employee
24 418
-
27 747
-
health
55
-
62
-
unemployment
-
-
-
-
city
262
-
298
-
pensions
2 051
-
2 331
-
regional
800
-
996
-
national
116
-
192
-
total
3 284
-
3 879
-
Employer
24 418
-
27 747
-
health
55
-
62
-
pensions
2 051
-
2 331
-
unemployment
-
-
-
-
other

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

488
-
555
-
total
2 594
-
2 948
-
Corporate
3 719
31 000
-
-
regional
787
6 557
-
-
national
316
2 635
-
-
total
1 103
9 192
-
-
Dividends
2 616
21 808
-
-
withholding
916
7 633
-
-
total
916
7 633
-
-
Income
31 000
31 000
31 000
31 000
Total tax
7 897
16 825
6 827
5 290
After tax
23 103
14 175
24 173
25 710
Living cost
20 865
20 865
20 865
20 865
Free-cash
2 238
-6 690
3 308
4 845

Estimated living cost  is ₴20865 per week

₴13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₴8308
₴5975
₴10283
₴8903
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

-
-
-
31 000
municipal
-
-
-
5 517
health
-
-
-
350
national
-
-
-
3 189
total
-
-
-
9 056
Employee
15 979
-
26 079
-
health
119
-
275
-
unemployment
240
-
391
-
pensions
1 078
-
1 760
-
national
264
-
1 760
-
municipal
2 617
-
4 258
-
total
4 318
-
8 444
-
Employer
15 979
-
26 079
-
health
123
-
201
-
pensions
2 772
-
4 524
-
accident
16
-
26
-
unemployment
104
-
169
-
total
3 015
-
4 920
-
Corporate
12 006
31 000
-
-
income
2 401
6 200
-
-
total
2 401
6 200
-
-
Dividends

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

7 203
18 600
-
-
municipal
1 297
3 348
-
-
national
-
888
-
-
total
1 297
4 236
-
-
Income
31 000
31 000
31 000
31 000
Total tax
11 031
10 436
13 364
9 056
After tax
19 969
20 564
17 636
21 944
Living cost
11 661
11 661
11 661
11 661
Free-cash
8 308
8 903
5 975
10 283

Estimated living cost  is ₴11661 per week

₴7617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₴1756
₴973
₴3409
₴6310
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
-
-
-
31 000
communal

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

-
-
-
1 568
social contributions
-
-
-
4 870
national
-
-
-
10 079
total
-
-
-
16 517
Employee

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

21 725
-
24 010
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 021
-
1 129
-
communal

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

1 133
-
1 252
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

189
-
209
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 629
-
1 801
-
national
6 679
-
7 573
-
total
10 651
-
11 964
-
Employer

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

21 725
-
24 010
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 336
-
1 477
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 925
-
2 127
-
surtax
2 463
-
2 723
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

282
-
312
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

317
-
350
-
total
6 323
-
6 989
-
Corporate
2 951
31 000
-
-
income
590
6 200
-
-
surtax
12
124
-
-
total
602
6 324
-
-
Dividends
2 349
24 676
-
-
withholding

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

594
7 292
-
-
total
594
7 292
-
-
Income
31 000
31 000
31 000
31 000
Total tax
18 170
13 616
18 953
16 517
After tax
12 830
17 384
12 047
14 483
Living cost
11 074
11 074
11 074
11 074
Free-cash
1 756
6 310
973
3 409

Estimated living cost  is ₴11074 per week

₴7133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴3535
₴3457
₴2824
₴3829
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
-
-
-
31 000
unemployment
-
-
-
29
municipal
-
-
-
6 764
other
-
-
-
3 335
health
-
-
-
1 791
national
-
-
-
-
accident
-
-
-
57
pensions
-
-
-
3 103
total
-
-
-
15 079
Employee
18 662
-
23 589
-
national
-
-
-
-
municipal
5 565
-
7 034
-
total
5 565
-
7 034
-
Employer
18 662
-
23 589
-
health
1 148
-
1 451
-
pensions
2 017
-
2 550
-
accident
37
-
47
-
unemployment
493
-
623
-
other
2 169
-
2 741
-
total
5 864
-
7 412
-
Corporate
6 474
31 000
-
-
income
1 424
6 820
-
-
total
1 424
6 820
-
-
Dividends
5 050
24 180
-
-
withholding
1 515
7 254
-
-
total
1 515
7 254
-
-
Income
31 000
31 000
31 000
31 000
Total tax
14 368
14 074
14 446
15 079
After tax
16 632
16 926
16 554
15 921
Living cost
13 097
13 097
13 097
13 097
Free-cash
3 535
3 829
3 457
2 824

Estimated living cost  is ₴13097 per week

₴8680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴18891
₴12160
₴6985
₴4422
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
-
-
-
31 000
income
-
-
-
6 043
social contributions
-
-
-
3 534
total
-
-
-
9 577
Employee
20 701
-
-
-
income
4 566
-
-
-
social contributions
1 698
-
242
-
total
6 264
-
242
-
Employer
20 701
-
-
-
social contributions
29 189
-
4 160
-
total
29 189
-
4 160
-
Corporate
-
31 000
-
-
income
-
6 820
-
-
total
-
6 820
-
-
Dividends
-
24 180
-
-
income
-
5 320
-
-
total
-
5 320
-
-
Income
31 000
31 000
31 000
31 000
Total tax
35 453
12 140
4 402
9 577
After tax
-4 453
18 860
26 598
21 423
Living cost
14 438
14 438
14 438
14 438
Free-cash
-18 891
4 422
12 160
6 985

Estimated living cost  is ₴14438 per week

₴9368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴11579
₴12024
₴12054
₴12839
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
-
-
-
31 000
income
-
-
-
3 468
health
-
-
-
791
social contributions
-
-
-
4 836
total
-
-
-
9 095
Employee
23 355
23 355
28 144
-
health
232
397
478
-
income
2 452
2 162
3 455
-
social contributions
1 135
1 938
2 336
-
total
3 819
4 497
6 269
-
Employer
23 355
23 355
28 144
-
health
253
432
520
-
social contributions
1 135
1 938
2 336
-
total
1 388
2 370
2 856
-
Corporate
15 941
5 275
-
-
income
1 992
659
-
-
total
1 992
659
-
-
Dividends
13 949
4 616
-
-
withholding
2 371
784
-
-
total
2 371
784
-
-
Income
31 000
31 000
31 000
31 000
Total tax
9 570
8 310
9 125
9 095
After tax
21 430
22 690
21 875
21 905
Living cost
9 851
9 851
9 851
9 851
Free-cash
11 579
12 839
12 024
12 054

Estimated living cost  is ₴9851 per week

₴6734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴10659
₴8454
₴11204
₴11618
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
-
-
-
31 000
income
-
-
-
6 657
pensions
-
-
-
2 228
total
-
-
-
8 885
Employee
14 976
-
27 272
-
health
195
-
448
-
pensions
1 143
-
2 619
-
income
2 727
-
4 841
-
total
4 065
-
7 908
-
Employer
14 976
-
27 272
-
health
285
-
518
-
pensions
1 513
-
3 209
-
total
1 798
-
3 727
-
Corporate
14 226
31 000
-
-
income

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

2 703
5 890
-
-
total
2 703
5 890
-
-
Dividends
11 523
25 110
-
-
withholding
864
2 581
-
-
total
864
2 581
-
-
Income
31 000
31 000
31 000
31 000
Total tax
9 430
8 471
11 635
8 885
After tax
21 570
22 529
19 365
22 115
Living cost
10 911
10 911
10 911
10 911
Free-cash
10 659
11 618
8 454
11 204

Estimated living cost  is ₴10911 per week

₴7485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴2848
₴2048
₴3467
₴4230
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
-
-
-
31 000
municipal
-
-
-
207
regional
-
-
-
625
social contributions
-
-
-
7 973
national
-
-
-
6 629
total
-
-
-
15 434
Employee
25 593
-
31 000
-
social contributions
8 630
-
10 453
-
regional
386
-
528
-
national
4 325
-
5 687
-
municipal
153
-
185
-
total
13 494
-
16 853
-
Employer
25 593
-
31 000
-
total
-
-
-
-
Corporate
5 407
31 000
-
-
nationa
1 297
7 440
-
-
municipal
261
1 494
-
-
total
1 558
8 934
-
-
Dividends
3 849
22 066
-
-
withholding
1 001
5 737
-
-
total
1 001
5 737
-
-
Income
31 000
31 000
31 000
31 000
Total tax
16 053
14 671
16 853
15 434
After tax
14 947
16 329
14 147
15 566
Living cost
12 099
12 099
12 099
12 099
Free-cash
2 848
4 230
2 048
3 467

Estimated living cost  is ₴12099 per week

₴8499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴1506
₴9527
₴14714
-₴4045
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
-
-
-
31 000
pensions
-
-
-
1 240
income
-
-
-
7 655
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
9 730
Employee
10 314
-
26 620
-
health
1 181
-
3 048
-
pensions
1 161
-
2 274
-
income
1 415
-
5 215
-
total
3 757
-
10 537
-
Employer
10 314
-
26 620
-
pensions
1 677
-
3 283
-
accident
172
-
445
-
unemployment
253
-
652
-
total
2 102
-
4 380
-
Corporate
18 585
31 000
-
-
income

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

16 726
27 900
-
-
total
16 726
27 900
-
-
Dividends
1 859
3 100
-
-
withholding
353
589
-
-
total
353
589
-
-
Income
31 000
31 000
31 000
31 000
Total tax
22 938
28 489
14 917
9 730
After tax
8 062
2 511
16 083
21 270
Living cost
6 556
6 556
6 556
6 556
Free-cash
1 506
-4 045
9 527
14 714

Estimated living cost  is ₴6556 per week

₴4805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₴8238
₴10265
₴7843
₴4265
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.

-
-
-
31 000
trade
-
-
-
2 422
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.

-
-
-
6 573
health

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

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

-
-
-
2 075
surtax

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

-
-
-
361
total
-
-
-
11 431
Employee

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

15 112
-
31 000
-
health

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

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

2 075
-
2 075
-
income

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

1 243
-
6 573
-
surtax

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

69
-
361
-
total
3 387
-
9 009
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 888
31 000
-
-
income
2 383
4 650
-
-
trade
2 280
4 448
-
-
surtax

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

131
256
-
-
chamber of commerce
69
92
-
-
total
4 863
9 446
-
-
Dividends
11 025
21 554
-
-
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.

145
290
-
-
withholding
2 641
5 273
-
-
total
2 786
5 563
-
-
Income
31 000
31 000
31 000
31 000
Total tax
11 036
15 009
9 009
11 431
After tax
19 964
15 991
21 991
19 569
Living cost
11 726
11 726
11 726
11 726
Free-cash
8 238
4 265
10 265
7 843

Estimated living cost  is ₴11726 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₴15989
₴11147
₴10223
₴18481
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.

-
-
-
31 000
income
-
-
-
4 492
microenterprise
-
-
-
-
social contributions

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

-
-
-
9 966
surtax
-
-
-
-
total
-
-
-
14 458
Employee
8 875
-
24 982
-
income
1 580
-
4 768
-
social contributions

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

976
-
2 748
-
surtax
-
-
-
-
total
2 556
-
7 516
-
Employer
8 875
-
24 982
-
social contributions

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

2 138
-
6 018
-
surtax
-
-
-
-
total
2 138
-
6 018
-
Corporate
19 987
31 000
-
-
income

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

3 998
6 200
-
-
total
3 998
6 200
-
-
Dividends

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

15 990
24 800
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
8 692
6 200
13 534
14 458
After tax
22 308
24 800
17 466
16 542
Living cost
6 319
6 319
6 319
6 319
Free-cash
15 989
18 481
11 147
10 223

Estimated living cost  is ₴6319 per week

₴4031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴14865
₴13770
₴14044
₴15497
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
-
-
-
31 000
income
-
-
-
8 269
health
-
-
-
2 034
pensions
-
-
-
2 806
total
-
-
-
13 109
Employee
5 859
-
27 843
-
health
293
-
702
-
unemployment
59
-
140
-
pensions
527
-
1 263
-
income
1 133
-
8 121
-
total
2 012
-
10 226
-
Employer
5 859
-
27 843
-
health
557
-
1 333
-
pensions
645
-
1 543
-
unemployment
117
-
281
-
total
1 319
-
3 157
-
Corporate
23 822
31 000
-
-
income
5 241
6 820
-
-
total
5 241
6 820
-
-
Dividends
18 581
24 180
-
-
withholding
3 716
4 836
-
-
total
3 716
4 836
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 288
11 656
13 383
13 109
After tax
18 712
19 344
17 617
17 891
Living cost
3 847
3 847
3 847
3 847
Free-cash
14 865
15 497
13 770
14 044

Estimated living cost  is ₴3847 per week

₴2286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴11711
₴8461
₴9063
₴12677
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
-
-
-
31 000
pensions
-
-
-
6 200
unemployment
-
-
-
69
income
-
-
-
5 915
other
-
-
-
-
health
-
-
-
2 201
surtax
-
-
-
730
total
-
-
-
15 115
Employee
10 228
-
25 609
-
health
261
-
653
-
unemployment
712
-
1 782
-
pensions
682
-
1 708
-
income
1 715
-
5 522
-
other
-
-
-
-
surtax
36
-
661
-
total
3 406
-
10 326
-
Employer
10 228
-
25 609
-
health
465
-
1 165
-
pensions
1 364
-
3 414
-
unemployment
324
-
812
-
other
-
-
-
-
total
2 153
-
5 391
-
Corporate
18 619
31 000
-
-
income
4 841
8 060
-
-
total
4 841
8 060
-
-
Dividends
13 778
22 940
-
-
withholding
2 067
3 441
-
-
total
2 067
3 441
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 467
11 501
15 717
15 115
After tax
18 533
19 499
15 283
15 885
Living cost
6 822
6 822
6 822
6 822
Free-cash
11 711
12 677
8 461
9 063

Estimated living cost  is ₴6822 per week

₴4119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴7560
-₴355
₴6014
₴7710
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
-
-
-
31 000
pensions
-
-
-
5 735
chamber of commerce
-
-
-
124
unemployment
-
-
-
1 863
income
-
-
-
5 202
health
-
-