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
₴ 31500
per

Your estimated
City
free-cash

Dresden , Germany
₴8467
₴502
₴7249
₴6154
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.

-
-
-
31 500
health

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

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

-
-
-
3 492
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.

-
-
-
3 848
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.

-
-
-
211
trade
-
-
-
1 218
total
-
-
-
8 769
Employee

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

19 550
-
31 500
-
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.

30
-
211
-
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.

546
-
3 848
-
health

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

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

3 492
-
3 492
-
total
4 068
-
7 551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 950
31 500
-
-
chamber of commerce
95
123
-
-
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.

99
260
-
-
trade
1 882
4 961
-
-
income
1 793
4 725
-
-
total
3 869
10 069
-
-
Dividends
8 082
21 431
-
-
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.

101
284
-
-
withholding
1 826
5 163
-
-
total
1 927
5 447
-
-
Income
31 500
31 500
31 500
31 500
Total tax
9 864
15 516
7 551
8 769
After tax
21 636
15 984
23 949
22 731
Living cost
15 482
15 482
15 482
15 482
Free-cash
6 154
502
8 467
7 249

Estimated living cost  is ₴15482 per week

₴9739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3649
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
-₴6898
-₴7188
-₴7145
-₴13890
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
-
-
-
31 500
social contributions
-
-
-
339
pensions
-
-
-
3 780
national
-
-
-
4 669
municipal
-
-
-
3 013
total
-
-
-
11 801
Employee
41 613
-
27 231
-
municipal
5 140
-
3 135
-
national
7 965
-
4 858
-
pensions
1 665
-
1 089
-
total
14 770
-
9 082
-
Employer
41 613
-
27 231
-
pensions
3 329
-
2 179
-
social contributions
447
-
293
-
total
3 776
-
2 472
-
Corporate
-
31 500
-
-
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%.

-
6 300
-
-
total
-
6 300
-
-
Dividends
-
25 200
-
-
withholding
-
5 544
-
-
total
-
5 544
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 546
11 844
11 554
11 801
After tax
12 954
19 656
19 946
19 699
Living cost
26 844
26 844
26 844
26 844
Free-cash
-13 890
-7 188
-6 898
-7 145

Estimated living cost  is ₴26844 per week

₴18245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴402
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.
₴5701
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
₴7344
₴14566
₴14532
₴10372
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.

-
-
-
31 500
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.

-
-
-
1 609
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
4 725
total
-
-
-
6 334
Employee
14 936
-
25 384
-
surtax
-
-
-
-
social contributions

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

1 643
-
2 793
-
income
2 659
-
4 614
-
total
4 302
-
7 407
-
Employer
14 936
-
25 384
-
surtax
-
-
-
-
social contributions

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

3 598
-
6 115
-
total
3 598
-
6 115
-
Corporate
12 966
31 500
-
-
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%.

2 594
6 300
-
-
total
2 594
6 300
-
-
Dividends

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

10 373
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 494
6 300
13 522
6 334
After tax
21 006
25 200
17 978
25 166
Living cost
10 634
10 634
10 634
10 634
Free-cash
10 372
14 566
7 344
14 532

Estimated living cost  is ₴10634 per week

₴6784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
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
-₴19257
-₴16388
-₴3422
-₴19257
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
-
-
-
31 500
health
-
-
-
4 835
income
-
-
-
3 005
pensions
-
-
-
5 670
total
-
-
-
13 510
Employee
43 649
43 649
43 649
-
income

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

7 145
7 145
7 145
-
pensions
7 857
5 989
7 857
-
health
6 700
5 699
6 700
-
total
21 702
18 833
21 702
-
Employer
43 649
43 649
43 649
-
unemployment
1 571
1 571
1 571
-
health
3 034
3 034
3 034
-
pensions
3 038
3 038
3 038
-
total
7 643
7 643
7 643
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
29 345
26 476
29 345
13 510
After tax
2 155
5 024
2 155
17 990
Living cost
21 412
21 412
21 412
21 412
Free-cash
-19 257
-16 388
-19 257
-3 422

Estimated living cost  is ₴21412 per week

₴15174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
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.
₴3967
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
-₴4255
-₴3877
-₴5373
-₴7967
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
-
-
-
31 500
other
-
-
-
3 660
health
-
-
-
1 966
accident
-
-
-
63
pensions
-
-
-
3 405
national
-
-
-
-
unemployment
-
-
-
31
municipal
-
-
-
6 672
total
-
-
-
15 797
Employee
30 031
-
23 969
-
municipal
8 955
-
7 148
-
national
-
-
-
-
total
8 955
-
7 148
-
Employer
30 031
-
23 969
-
other
3 490
-
2 785
-
unemployment
793
-
633
-
health
1 847
-
1 474
-
accident
60
-
48
-
pensions
3 246
-
2 591
-
total
9 436
-
7 531
-
Corporate
-
31 500
-
-
income
-
6 930
-
-
total
-
6 930
-
-
Dividends
-
24 570
-
-
withholding
-
7 371
-
-
total
-
7 371
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 391
14 301
14 679
15 797
After tax
13 109
17 199
16 821
15 703
Living cost
21 076
21 076
21 076
21 076
Free-cash
-7 967
-3 877
-4 255
-5 373

Estimated living cost  is ₴21076 per week

₴13968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4720
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
₴3869
-₴4259
₴2596
₴2924
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.

-
-
-
31 500
health

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

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

-
-
-
3 492
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.

-
-
-
3 848
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.

-
-
-
211
trade
-
-
-
1 273
total
-
-
-
8 824
Employee

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

25 921
-
31 500
-
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.

122
-
211
-
income

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

2 227
-
3 848
-
health

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

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

3 492
-
3 492
-
total
5 841
-
7 551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 579
31 500
-
-
chamber of commerce
85
122
-
-
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.

46
260
-
-
trade
918
5 182
-
-
income
837
4 725
-
-
total
1 886
10 289
-
-
Dividends
3 693
21 211
-
-
surtax

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

40
281
-
-
withholding
729
5 109
-
-
total
769
5 390
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 496
15 679
7 551
8 824
After tax
23 004
15 821
23 949
22 676
Living cost
20 080
20 080
20 080
20 080
Free-cash
2 924
-4 259
3 869
2 596

Estimated living cost  is ₴20080 per week

₴13429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4233
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
₴5199
₴3364
₴7830
₴4472
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
-
-
-
31 500
social contributions
-
-
-
4 914
health
-
-
-
803
income
-
-
-
1 374
total
-
-
-
7 091
Employee
39 304
39 304
39 304
-
social contributions
1 910
3 262
2 374
-
income
4 127
3 638
3 959
-
health
391
668
486
-
total
6 428
7 568
6 819
-
Employer
39 304
39 304
39 304
-
health
426
727
529
-
social contributions
1 910
3 262
2 374
-
total
2 336
3 989
2 903
-
Corporate
6 157
-
-
-
income
769
-
-
-
total
769
-
-
-
Dividends
5 388
-
-
-
withholding
916
-
-
-
total
916
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 449
11 557
9 722
7 091
After tax
21 051
19 943
21 778
24 409
Living cost
16 579
16 579
16 579
16 579
Free-cash
4 472
3 364
5 199
7 830

Estimated living cost  is ₴16579 per week

₴11333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴3672
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
₴8678
₴8239
₴12237
₴8439
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
-
-
-
31 500
health
-
-
-
2 205
income
-
-
-
3 851
pensions
-
-
-
3 150
unemployment
-
-
-
473
total
-
-
-
9 679
Employee

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

The minimum wage is 138,000 HUF per month.

13 835
5 506
26 360
-
income
1 691
673
3 222
-
pensions
1 384
551
2 636
-
health
968
385
1 845
-
unemployment
208
83
395
-
total
4 251
1 692
8 098
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 835
5 506
26 360
-
pensions
2 698
1 074
5 140
-
total
2 698
1 074
5 140
-
Corporate
14 967
24 920
-
-
income
1 347
2 243
-
-
total
1 347
2 243
-
-
Dividends
13 620
22 677
-
-
social contributions
2 593
4 359
-
-
withholding
2 588
4 309
-
-
total
5 181
8 668
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 477
13 677
13 238
9 679
After tax
18 023
17 823
18 262
21 821
Living cost
9 584
9 584
9 584
9 584
Free-cash
8 439
8 239
8 678
12 237

Estimated living cost  is ₴9584 per week

₴6541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴192
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.
₴2068
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
₴6006
₴12854
₴4909
₴9679
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
-
-
-
31 500
health
-
-
-
4 095
income
-
-
-
3 850
pensions
-
-
-
6 300
total
-
-
-
14 245
Employee
14 500
-
23 543
-
income
1 632
-
4 346
-
pensions
290
-
470
-
unemployment
232
-
376
-
total
2 154
-
5 192
-
Employer
14 500
-
23 543
-
unemployment
116
-
188
-
health
1 885
-
3 060
-
pensions
2 900
-
4 708
-
total
4 901
-
7 956
-
Corporate
12 098
31 500
-
-
income
2 420
6 300
-
-
total
2 420
6 300
-
-
Dividends
9 678
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
9 475
6 300
13 148
14 245
After tax
22 025
25 200
18 352
17 255
Living cost
12 346
12 346
12 346
12 346
Free-cash
9 679
12 854
6 006
4 909

Estimated living cost  is ₴12346 per week

₴8468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴735
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.
₴2894
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
₴5195
-₴8770
₴10425
₴817
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
-
-
-
31 500
other
-
-
-
191
health
-
-
-
1 122
accident
-
-
-
130
income
-
-
-
6 169
pensions
-
-
-
2 141
total
-
-
-
9 753
Employee
17 810
-
26 167
-
income
2 443
-
3 708
-
pensions
2 005
-
2 946
-
health
2 039
-
2 996
-
total
6 487
-
9 650
-
Employer
17 810
-
26 167
-
unemployment
436
-
641
-
accident
297
-
437
-
pensions
2 896
-
4 255
-
total
3 629
-
5 333
-
Corporate
10 060
31 500
-
-
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.

9 054
28 350
-
-
total
9 054
28 350
-
-
Dividends
1 006
3 150
-
-
withholding
191
598
-
-
total
191
598
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 361
28 948
14 983
9 753
After tax
12 139
2 552
16 517
21 747
Living cost
11 322
11 322
11 322
11 322
Free-cash
817
-8 770
5 195
10 425

Estimated living cost  is ₴11322 per week

₴8298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴627
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.
₴2161
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
₴20934
₴25659
₴26919
₴24860
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%.

-
-
-
31 500
microenterprise

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

-
-
-
315
total
-
-
-
315
Employee
5 332
-
31 500
-
income
1 066
-
6 300
-
total
1 066
-
6 300
-
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%.

26 168
31 500
-
-
total
-
-
-
-
Dividends
26 168
31 500
-
-
withholding
1 308
1 575
-
-
total
1 308
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 374
1 575
6 300
315
After tax
29 126
29 925
25 200
31 185
Living cost
4 266
4 266
4 266
4 266
Free-cash
24 860
25 659
20 934
26 919

Estimated living cost  is ₴4266 per week

₴2644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴1150
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
₴4845
₴9523
₴3437
₴6073
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
-
-
-
31 500
other
-
-
-
1 497
health
-
-
-
1 386
income
-
-
-
4 001
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.

-
-
-
7 559
total
-
-
-
14 443
Employee
18 559
-
25 160
-
income
3 195
-
4 331
-
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.

1 299
-
1 761
-
health
260
-
352
-
unemployment
185
-
251
-
total
4 939
-
6 695
-
Employer
18 559
-
25 160
-
other
928
-
1 258
-
unemployment
185
-
251
-
health
260
-
352
-
accident
148
-
202
-
pensions

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

3 155
-
4 277
-
total
4 676
-
6 340
-
Corporate
8 264
31 500
-
-
income
1 735
6 615
-
-
total
1 735
6 615
-
-
Dividends
6 528
24 885
-
-
withholding
457
1 742
-
-
total
457
1 742
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 807
8 357
13 035
14 443
After tax
19 693
23 143
18 465
17 057
Living cost
13 620
13 620
13 620
13 620
Free-cash
6 073
9 523
4 845
3 437

Estimated living cost  is ₴13620 per week

₴9623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
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.
₴2858
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
-₴13445
-₴10182
-₴10177
-₴22851
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
-
-
-
31 500
income
-
-
-
5 902
pensions
-
-
-
1 991
total
-
-
-
7 893
Employee
47 799
-
28 049
-
income
8 616
-
5 085
-
health
788
-
383
-
pensions
4 611
-
2 242
-
total
14 015
-
7 710
-
Employer
47 799
-
28 049
-
health
908
-
533
-
pensions
5 644
-
2 918
-
total
6 552
-
3 451
-
Corporate
-
31 500
-
-
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.

-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
1 913
-
-
total
-
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
20 567
7 898
11 161
7 893
After tax
10 933
23 602
20 339
23 607
Living cost
33 784
33 784
33 784
33 784
Free-cash
-22 851
-10 182
-13 445
-10 177

Estimated living cost  is ₴33784 per week

₴25315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4225
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
₴16019
₴20290
₴15407
₴17935
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
-
-
-
31 500
health
-
-
-
2 035
income
-
-
-
4 725
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
9 450
Employee
8 797
-
28 028
-
income
880
-
2 803
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

772
-
1 554
-
health
405
-
814
-
total
2 154
-
5 366
-
Employer
8 797
-
28 028
-
unemployment
53
-
106
-
health
607
-
1 221
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

969
-
1 950
-
total
1 726
-
3 472
-
Corporate
20 977
31 500
-
-
income
2 098
3 150
-
-
total
2 098
3 150
-
-
Dividends
18 879
28 350
-
-
withholding
944
1 417
-
-
total
944
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
6 922
4 567
8 838
9 450
After tax
24 578
26 933
22 662
22 050
Living cost
6 643
6 643
6 643
6 643
Free-cash
17 935
20 290
16 019
15 407

Estimated living cost  is ₴6643 per week

₴3878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2115
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
-₴26189
-₴23320
-₴10354
-₴24187
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
-
-
-
31 500
health
-
-
-
4 835
income
-
-
-
3 005
pensions
-
-
-
5 670
total
-
-
-
13 510
Employee
47 389
43 649
43 649
-
income

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

7 145
7 145
7 145
-
pensions
5 989
5 989
7 857
-
health
5 912
5 699
6 700
-
total
19 046
18 833
21 702
-
Employer
47 389
43 649
43 649
-
unemployment
1 706
1 571
1 571
-
health
3 293
3 034
3 034
-
pensions
3 298
3 038
3 038
-
total
8 297
7 643
7 643
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
27 343
26 476
29 345
13 510
After tax
4 157
5 024
2 155
17 990
Living cost
28 344
28 344
28 344
28 344
Free-cash
-24 187
-23 320
-26 189
-10 354

Estimated living cost  is ₴28344 per week

₴20908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2532
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.
₴4579
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
₴3385
₴9089
₴2743
₴4595
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
-
-
-
31 500
social contributions
-
-
-
9 198
health
-
-
-
4 253
income
-
-
-
2 707
solidarity contribution
-
-
-
-
total
-
-
-
16 158
Employee
18 527
-
23 507
-
social contributions
1 204
-
1 528
-
solidarity contribution
-
-
-
-
income
2 223
-
2 821
-
health
2 501
-
3 174
-
total
5 928
-
7 523
-
Employer
18 527
-
23 507
-
health
1 667
-
2 116
-
social contributions
4 632
-
5 877
-
total
6 299
-
7 993
-
Corporate
6 673
31 500
-
-
income
1 268
5 985
-
-
total
1 268
5 985
-
-
Dividends
5 405
25 515
-
-
withholding
811
3 827
-
-
total
811
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 306
9 812
15 516
16 158
After tax
17 194
21 688
15 984
15 342
Living cost
12 599
12 599
12 599
12 599
Free-cash
4 595
9 089
3 385
2 743

Estimated living cost  is ₴12599 per week

₴8751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴896
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.
₴2703
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
-₴6191
-₴4762
-₴4411
-₴13927
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
-
-
-
31 500
social contributions
-
-
-
8 101
national
-
-
-
5 736
regional
-
-
-
319
municipal
-
-
-
187
total
-
-
-
14 343
Employee
45 427
-
31 500
-
social contributions
15 318
-
10 621
-
municipal
241
-
167
-
national
7 871
-
5 056
-
regional
429
-
279
-
total
23 859
-
16 123
-
Employer
45 427
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
nationa
-
7 560
-
-
municipal
-
1 229
-
-
total
-
8 789
-
-
Dividends
-
22 711
-
-
withholding
-
5 905
-
-
total
-
5 905
-
-
Income
31 500
31 500
31 500
31 500
Total tax
23 859
14 694
16 123
14 343
After tax
7 641
16 806
15 377
17 157
Living cost
21 568
21 568
21 568
21 568
Free-cash
-13 927
-4 762
-6 191
-4 411

Estimated living cost  is ₴21568 per week

₴15035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
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.
₴4788
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
₴5665
₴8534
₴6345
₴6945
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
-
-
-
31 500
other
-
-
-
-
health
-
-
-
2 237
income
-
-
-
4 880
pensions
-
-
-
6 300
surtax
-
-
-
343
unemployment
-
-
-
116
total
-
-
-
13 876
Employee
16 903
-
26 022
-
surtax
55
-
291
-
income
2 833
-
4 579
-
other
-
-
-
-
pensions
1 127
-
1 735
-
health
432
-
663
-
unemployment
1 177
-
1 811
-
total
5 624
-
9 079
-
Employer
16 903
-
26 022
-
other
-
-
-
-
unemployment
535
-
824
-
health
769
-
1 184
-
pensions
2 253
-
3 469
-
total
3 557
-
5 477
-
Corporate
11 039
31 500
-
-
income
2 870
8 190
-
-
total
2 870
8 190
-
-
Dividends
8 169
23 310
-
-
withholding
1 225
3 497
-
-
total
1 225
3 497
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 276
11 687
14 556
13 876
After tax
18 224
19 813
16 944
17 624
Living cost
11 279
11 279
11 279
11 279
Free-cash
6 945
8 534
5 665
6 345

Estimated living cost  is ₴11279 per week

₴6897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴3082
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
-₴2741
₴522
₴527
-₴4610
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
-
-
-
31 500
income
-
-
-
5 902
pensions
-
-
-
1 991
total
-
-
-
7 893
Employee
32 033
-
28 049
-
income
5 769
-
5 085
-
health
465
-
383
-
pensions
2 719
-
2 242
-
total
8 953
-
7 710
-
Employer
32 033
-
28 049
-
health
609
-
533
-
pensions
3 468
-
2 918
-
total
4 077
-
3 451
-
Corporate
-
31 500
-
-
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.

-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
1 913
-
-
total
-
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 030
7 898
11 161
7 893
After tax
18 470
23 602
20 339
23 607
Living cost
23 080
23 080
23 080
23 080
Free-cash
-4 610
522
-2 741
527

Estimated living cost  is ₴23080 per week

₴17291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1730
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.
₴3817
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
-₴15899
-₴26598
-₴14305
-₴21052
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
-
-
-
31 500
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.

-
-
-
630
health
-
-
-
134
pensions
-
-
-
2 898
city
-
-
-
332
national
-
-
-
97
regional
-
-
-
712
total
-
-
-
4 803
Employee
47 982
-
28 193
-
national
227
-
78
-
city
515
-
303
-
pensions
4 031
-
2 367
-
health
108
-
63
-
regional
1 571
-
593
-
unemployment
-
-
-
-
total
6 452
-
3 404
-
Employer
47 982
-
28 193
-
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.

959
-
563
-
unemployment
-
-
-
-
health
108
-
63
-
pensions
4 031
-
2 367
-
total
5 098
-
2 993
-
Corporate
-
31 500
-
-
regional
-
6 662
-
-
national
-
2 678
-
-
total
-
9 340
-
-
Dividends
-
22 160
-
-
withholding
-
7 756
-
-
total
-
7 756
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 550
17 096
6 397
4 803
After tax
19 950
14 404
25 103
26 697
Living cost
41 002
41 002
41 002
41 002
Free-cash
-21 052
-26 598
-15 899
-14 305

Estimated living cost  is ₴41002 per week

₴26663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴503
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.
₴10156
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
₴533
-₴7757
-₴794
₴444
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.

-
-
-
31 500
health

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

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

-
-
-
3 492
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.

-
-
-
3 848
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.

-
-
-
211
trade
-
-
-
1 327
total
-
-
-
8 878
Employee

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

30 719
-
31 500
-
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.

199
-
211
-
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.

3 612
-
3 848
-
health

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

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

3 492
-
3 492
-
total
7 303
-
7 551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
781
31 500
-
-
chamber of commerce
79
122
-
-
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.

7
260
-
-
trade
134
5 402
-
-
income
117
4 725
-
-
total
337
10 509
-
-
Dividends
445
20 991
-
-
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.

-
278
-
-
withholding
-
5 054
-
-
total
-
5 332
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 640
15 841
7 551
8 878
After tax
23 860
15 659
23 949
22 622
Living cost
23 416
23 416
23 416
23 416
Free-cash
444
-7 757
533
-794

Estimated living cost  is ₴23416 per week

₴17102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4137
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
₴1567
-₴1612
₴1340
₴1407
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
-
-
-
31 500
other
-
-
-
977
social contributions
-
-
-
898
health
-
-
-
273
income
-
-
-
1 517
pensions
-
-
-
9 007
surtax
-
-
-
-
total
-
-
-
12 672
Employee
21 876
-
24 004
-
surtax
-
-
-
-
social contributions
624
-
685
-
income
1 291
-
1 548
-
pensions
2 473
-
2 716
-
total
4 388
-
4 949
-
Employer
21 876
-
24 004
-
other
755
-
828
-
unemployment
886
-
972
-
health
1 532
-
1 680
-
pensions
3 594
-
3 944
-
social contributions
66
-
72
-
total
6 833
-
7 496
-
Corporate
2 792
31 500
-
-
surtax
-
-
-
-
income
782
8 820
-
-
total
782
8 820
-
-
Dividends
2 010
22 680
-
-
social contributions
345
3 901
-
-
surtax
-
-
-
-
withholding
257
2 903
-
-
total
602
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 605
15 624
12 445
12 672
After tax
18 895
15 876
19 055
18 828
Living cost
17 488
17 488
17 488
17 488
Free-cash
1 407
-1 612
1 567
1 340

Estimated living cost  is ₴17488 per week

₴11027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4742
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
₴3300
₴121
₴3073
₴2960
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
-
-
-
31 500
other
-
-
-
977
social contributions
-
-
-
898
health
-
-
-
273
income
-
-
-
1 517
pensions
-
-
-
9 007
surtax
-
-
-
-
total
-
-
-
12 672
Employee
19 527
-
24 004
-
surtax
-
-
-
-
social contributions
557
-
685
-
income
1 007
-
1 548
-
pensions
2 209
-
2 716
-
total
3 773
-
4 949
-
Employer
19 527
-
24 004
-
other
674
-
828
-
unemployment
791
-
972
-
health
1 367
-
1 680
-
pensions
3 209
-
3 944
-
social contributions
58
-
72
-
total
6 099
-
7 496
-
Corporate
5 874
31 500
-
-
surtax
-
-
-
-
income
1 645
8 820
-
-
total
1 645
8 820
-
-
Dividends
4 229
22 680
-
-
social contributions
727
3 901
-
-
surtax
-
-
-
-
withholding
541
2 903
-
-
total
1 268
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 785
15 624
12 445
12 672
After tax
18 715
15 876
19 055
18 828
Living cost
15 755
15 755
15 755
15 755
Free-cash
2 960
121
3 300
3 073

Estimated living cost  is ₴15755 per week

₴9137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4719
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
₴7965
₴8380
₴9390
₴8642
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
-
-
-
31 500
social contributions
-
-
-
4 347
health
-
-
-
2 199
income
-
-
-
4 725
total
-
-
-
11 271
Employee
17 331
-
31 500
-
social contributions
2 392
-
4 347
-
income
2 891
-
6 150
-
health
1 210
-
2 199
-
total
6 493
-
12 696
-
Employer
17 331
-
31 500
-
total
-
-
-
-
Corporate
14 169
31 500
-
-
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%.

708
1 575
-
-
total
708
1 575
-
-
Dividends
13 461
29 925
-
-
social contributions
1 858
4 129
-
-
withholding
2 020
4 489
-
-
health
940
2 088
-
-
total
4 818
10 706
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 019
12 281
12 696
11 271
After tax
19 481
19 219
18 804
20 229
Living cost
10 839
10 839
10 839
10 839
Free-cash
8 642
8 380
7 965
9 390

Estimated living cost  is ₴10839 per week

₴7254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴668
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.
₴2666
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
-₴6227
-₴24
-₴742
-₴1980
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
-
-
-
31 500
health
-
-
-
2 409
income
-
-
-
2 632
chamber of commerce
-
-
-
126
pensions
-
-
-
5 828
surtax
-
-
-
101
unemployment
-
-
-
3 135
total
-
-
-
14 231
Employee
25 545
20 370
24 381
-
income
2 908
1 503
2 574
-
other
255
204
243
-
pensions
2 616
2 085
2 497
-
health
988
789
944
-
unemployment
766
611
731
-
total
7 533
5 192
6 989
-
Employer
25 545
20 370
24 381
-
other
1 213
967
1 158
-
unemployment
766
611
731
-
health
965
770
921
-
surtax
101
101
101
-
accident
332
265
317
-
pensions
3 206
2 557
3 060
-
payroll
766
611
731
-
chamber of commerce
102
81
98
-
total
7 451
5 963
7 117
-
Corporate
1 940
5 167
22 441
-
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.

485
1 292
5 610
-
total
485
1 292
5 610
-
Dividends
-
3 875
-
-
withholding
-
1 066
-
-
total
-
1 066
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 469
13 513
19 716
14 231
After tax
16 031
17 987
11 784
17 269
Living cost
18 011
18 011
18 011
18 011
Free-cash
-1 980
-24
-6 227
-742

Estimated living cost  is ₴18011 per week

₴12012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
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.
₴4166
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
-₴5256
-₴899
-₴2029
-₴15705
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
-
-
-
31 500
social contributions
-
-
-
3 855
communal

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

-
-
-
1 659
national
-
-
-
9 378
total
-
-
-
14 892
Employee

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

36 562
-
24 398
-
national
11 241
-
6 556
-
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.

2 742
-
1 829
-
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.

1 718
-
1 147
-
communal

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

1 907
-
1 273
-
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.

318
-
212
-
total
17 926
-
11 017
-
Employer

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

36 562
-
24 398
-
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.

533
-
356
-
health

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

2 248
-
1 501
-
surtax
4 146
-
2 766
-
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.

475
-
317
-
pensions

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

3 240
-
2 162
-
total
10 642
-
7 102
-
Corporate
-
31 500
-
-
surtax
-
126
-
-
income
-
6 300
-
-
total
-
6 426
-
-
Dividends
-
25 074
-
-
withholding

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

-
7 336
-
-
total
-
7 336
-
-
Income
31 500
31 500
31 500
31 500
Total tax
28 568
13 762
18 119
14 892
After tax
2 932
17 738
13 381
16 608
Living cost
18 637
18 637
18 637
18 637
Free-cash
-15 705
-899
-5 256
-2 029

Estimated living cost  is ₴18637 per week

₴12005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4711
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
-₴1021
₴2809
-₴1243
-₴2053
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
-
-
-
31 500
other
-
-
-
31
accident
-
-
-
283
income
-
-
-
4 836
pensions
-
-
-
8 914
unemployment
-
-
-
220
total
-
-
-
14 284
Employee
25 443
-
23 886
-
income
5 368
-
4 931
-
other
25
-
24
-
pensions
1 196
-
1 122
-
unemployment
395
-
371
-
total
6 984
-
6 448
-
Employer
25 443
-
23 886
-
other
203
-
191
-
unemployment
1 400
-
1 313
-
accident
503
-
473
-
pensions
6 004
-
5 637
-
total
8 110
-
7 614
-
Corporate
-
31 500
-
-
income

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

-
4 725
-
-
total
-
4 725
-
-
Dividends
-
26 775
-
-
withholding
-
5 507
-
-
total
-
5 507
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 094
10 232
14 062
14 284
After tax
16 406
21 268
17 438
17 216
Living cost
18 459
18 459
18 459
18 459
Free-cash
-2 053
2 809
-1 021
-1 243

Estimated living cost  is ₴18459 per week

₴13593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3290
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
-₴6496
-₴8058
-₴7111
-₴11833
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
-
-
-
31 500
health
-
-
-
2 363
accident
-
-
-
283
income
-
-
-
1 480
pensions
-
-
-
5 040
communal
-
-
-
-
surtax
-
-
-
1 667
total
-
-
-
10 833
Employee
38 708
-
28 137
-
surtax
2 373
-
1 725
-
income
3 739
-
1 628
-
pensions
3 096
-
2 251
-
health
1 723
-
1 252
-
total
10 931
-
6 856
-
Employer
38 708
-
28 137
-
health
1 180
-
858
-
accident
348
-
253
-
pensions
3 096
-
2 251
-
total
4 624
-
3 362
-
Corporate
-
31 500
-
-
surtax
-
331
-
-
income
-
4 725
-
-
communal
-
2 126
-
-
total
-
7 182
-
-
Dividends
-
24 318
-
-
income
-
950
-
-
withholding
-
3 648
-
-
total
-
4 598
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 555
11 780
10 218
10 833
After tax
15 945
19 720
21 282
20 667
Living cost
27 778
27 778
27 778
27 778
Free-cash
-11 833
-8 058
-6 496
-7 111

Estimated living cost  is ₴27778 per week

₴20837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴4962
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
₴5463
₴8332
₴6143
₴6708
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
-
-
-
31 500
other
-
-
-
-
health
-
-
-
2 237
income
-
-
-
4 880
pensions
-
-
-
6 300
surtax
-
-
-
343
unemployment
-
-
-
116
total
-
-
-
13 876
Employee
17 213
-
26 022
-
surtax
61
-
291
-
income
2 886
-
4 579
-
other
-
-
-
-
pensions
1 148
-
1 735
-
health
439
-
663
-
unemployment
1 198
-
1 811
-
total
5 732
-
9 079
-
Employer
17 213
-
26 022
-
other
-
-
-
-
unemployment
546
-
824
-
health
783
-
1 184
-
pensions
2 295
-
3 469
-
total
3 624
-
5 477
-
Corporate
10 663
31 500
-
-
income
2 772
8 190
-
-
total
2 772
8 190
-
-
Dividends
7 890
23 310
-
-
withholding
1 183
3 497
-
-
total
1 183
3 497
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 311
11 687
14 556
13 876
After tax
18 189
19 813
16 944
17 624
Living cost
11 481
11 481
11 481
11 481
Free-cash
6 708
8 332
5 463
6 143

Estimated living cost  is ₴11481 per week

₴6932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3285
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
₴1464
₴2788
₴3232
₴1654
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
-
-
-
31 500
social contributions
-
-
-
8 101
national
-
-
-
5 736
regional
-
-
-
475
municipal
-
-
-
187
total
-
-
-
14 499
Employee
28 354
-
31 500
-
social contributions
9 561
-
10 621
-
municipal
150
-
167
-
national
4 492
-
5 056
-
regional
382
-
423
-
total
14 585
-
16 267
-
Employer
28 354
-
31 500
-
total
-
-
-
-
Corporate
3 146
31 500
-
-
nationa
755
7 560
-
-
municipal
156
1 566
-
-
total
911
9 126
-
-
Dividends
2 235
22 374
-
-
withholding
581
5 817
-
-
total
581
5 817
-
-
Income
31 500
31 500
31 500
31 500
Total tax
16 077
14 943
16 267
14 499
After tax
15 423
16 557
15 233
17 001
Living cost
13 769
13 769
13 769
13 769
Free-cash
1 654
2 788
1 464
3 232

Estimated living cost  is ₴13769 per week

₴8563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1395
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.
₴3575
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
₴459
₴6163
-₴183
₴624
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
-
-
-
31 500
social contributions
-
-
-
9 198
health
-
-
-
4 253
income
-
-
-
2 707
solidarity contribution
-
-
-
-
total
-
-
-
16 158
Employee
22 831
-
23 507
-
social contributions
1 484
-
1 528
-
solidarity contribution
-
-
-
-
income
2 740
-
2 821
-
health
3 082
-
3 174
-
total
7 306
-
7 523
-
Employer
22 831
-
23 507
-
health
2 055
-
2 116
-
social contributions
5 708
-
5 877
-
total
7 763
-
7 993
-
Corporate
907
31 500
-
-
income
172
5 985
-
-
total
172
5 985
-
-
Dividends
735
25 515
-
-
withholding
110
3 827
-
-
total
110
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 351
9 812
15 516
16 158
After tax
16 149
21 688
15 984
15 342
Living cost
15 525
15 525
15 525
15 525
Free-cash
624
6 163
459
-183

Estimated living cost  is ₴15525 per week

₴11545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴2851
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
-₴4501
₴1736
₴1063
₴1484
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
-
-
-
31 500
health
-
-
-
2 409
income
-
-
-
2 632
chamber of commerce
-
-
-
126
pensions
-
-
-
5 828
surtax
-
-
-
-
unemployment
-
-
-
3 135
total
-
-
-
14 130
Employee
22 343
20 370
24 459
-
income
1 990
1 503
2 597
-
other
223
204
244
-
pensions
2 288
2 085
2 505
-
health
864
789
947
-
unemployment
670
611
733
-
total
6 035
5 192
7 026
-
Employer
22 343
20 370
24 459
-
other
1 061
967
1 161
-
unemployment
670
611
733
-
health
845
770
924
-
surtax
-
-
-
-
accident
290
265
318
-
pensions
2 804
2 557
3 070
-
payroll
670
611
733
-
chamber of commerce
89
81
98
-
total
6 429
5 862
7 037
-
Corporate
2 726
5 268
22 522
-
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.

682
1 317
5 631
-
total
682
1 317
5 631
-
Dividends
2 045
3 950
-
-
withholding
563
1 086
-
-
total
563
1 086
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 709
13 457
19 694
14 130
After tax
17 791
18 043
11 806
17 370
Living cost
16 307
16 307
16 307
16 307
Free-cash
1 484
1 736
-4 501
1 063

Estimated living cost  is ₴16307 per week

₴9782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4569
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
₴18553
₴23278
₴24538
₴22032
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%.

-
-
-
31 500
microenterprise

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

-
-
-
315
total
-
-
-
315
Employee
8 309
-
31 500
-
income
1 662
-
6 300
-
total
1 662
-
6 300
-
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%.

23 191
31 500
-
-
total
-
-
-
-
Dividends
23 191
31 500
-
-
withholding
1 159
1 575
-
-
total
1 159
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 821
1 575
6 300
315
After tax
28 679
29 925
25 200
31 185
Living cost
6 647
6 647
6 647
6 647
Free-cash
22 032
23 278
18 553
24 538

Estimated living cost  is ₴6647 per week

₴4498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1647
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
₴2545
₴7977
₴3446
₴3702
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.

-
-
-
31 500
health
-
-
-
3 100
income
-
-
-
5 443
pensions
-
-
-
5 753
unemployment
-
-
-
48
total
-
-
-
14 344
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.

22 603
-
27 256
-
income
3 898
-
4 979
-
pensions
3 504
-
4 224
-
health
1 460
-
1 761
-
unemployment
32
-
38
-
total
8 894
-
11 002
-
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.

22 603
-
27 256
-
unemployment
14
-
16
-
health
1 505
-
1 815
-
pensions
2 000
-
2 412
-
total
3 519
-
4 243
-
Corporate
5 378
31 500
-
-
income
1 021
5 985
-
-
total
1 021
5 985
-
-
Dividends
4 357
25 515
-
-
withholding
654
3 828
-
-
total
654
3 828
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 088
9 813
15 245
14 344
After tax
17 412
21 687
16 255
17 156
Living cost
13 710
13 710
13 710
13 710
Free-cash
3 702
7 977
2 545
3 446

Estimated living cost  is ₴13710 per week

₴9409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3157
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
₴1306
-₴3974
-₴1370
-₴48458
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
-
-
-
31 500
social contributions
-
-
-
3 591
income
-
-
-
6 140
total
-
-
-
9 731
Employee
33 178
-
-
-
social contributions
2 721
-
388
-
income
7 318
-
-
-
total
10 039
-
388
-
Employer
33 178
-
-
-
social contributions
46 780
-
6 667
-
total
46 780
-
6 667
-
Corporate
-
31 500
-
-
income
-
6 930
-
-
total
-
6 930
-
-
Dividends
-
24 570
-
-
income
-
5 405
-
-
total
-
5 405
-
-
Income
31 500
31 500
31 500
31 500
Total tax
56 819
12 335
7 055
9 731
After tax
-25 319
19 165
24 445
21 769
Living cost
23 139
23 139
23 139
23 139
Free-cash
-48 458
-3 974
1 306
-1 370

Estimated living cost  is ₴23139 per week

₴15013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5654
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
₴1126
₴1885
₴2063
₴1370
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.

-
-
-
31 500
social contributions

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

-
-
-
10 946
income
-
-
-
2 458
surtax
-
-
-
-
total
-
-
-
13 404
Employee
23 509
-
25 454
-
surtax
-
-
-
-
social contributions
2 586
-
2 800
-
income
4 890
-
5 496
-
total
7 476
-
8 296
-
Employer
23 509
-
25 454
-
social contributions
5 583
-
6 045
-
total
5 583
-
6 045
-
Corporate
2 408
31 500
-
-
surtax
-
-
-
-
income
505
6 615
-
-
total
505
6 615
-
-
Dividends
1 903
24 885
-
-
withholding
533
6 967
-
-
total
533
6 967
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 097
13 582
14 341
13 404
After tax
17 403
17 918
17 159
18 096
Living cost
16 033
16 033
16 033
16 033
Free-cash
1 370
1 885
1 126
2 063

Estimated living cost  is ₴16033 per week

₴11996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴2824
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
-₴5632
-₴8811
-₴5859
-₴10512
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
-
-
-
31 500
other
-
-
-
977
social contributions
-
-
-
898
health
-
-
-
273
income
-
-
-
1 517
pensions
-
-
-
9 007
surtax
-
-
-
-
total
-
-
-
12 672
Employee
32 014
-
24 004
-
surtax
-
-
-
-
social contributions
912
-
685
-
income
2 793
-
1 548
-
pensions
3 621
-
2 716
-
total
7 326
-
4 949
-
Employer
32 014
-
24 004
-
other
1 105
-
828
-
unemployment
1 297
-
972
-
health
2 241
-
1 680
-
pensions
5 260
-
3 944
-
social contributions
96
-
72
-
total
9 999
-
7 496
-
Corporate
-
31 500
-
-
surtax
-
-
-
-
income
-
8 820
-
-
total
-
8 820
-
-
Dividends
-
22 680
-
-
social contributions
-
3 901
-
-
surtax
-
-
-
-
withholding
-
2 903
-
-
total
-
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
17 325
15 624
12 445
12 672
After tax
14 175
15 876
19 055
18 828
Living cost
24 687
24 687
24 687
24 687
Free-cash
-10 512
-8 811
-5 632
-5 859

Estimated living cost  is ₴24687 per week

₴16708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴339
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.
₴5621
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
₴10025
₴12985
₴9140
₴11268
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
-
-
-
31 500
income
-
-
-
65
social contributions
-
-
-
6 930
total
-
-
-
6 995
Employee
16 433
-
27 273
-
income
-
-
111
-
social contributions
1 068
-
1 772
-
total
1 068
-
1 883
-
Employer
16 433
-
27 273
-
social contributions
2 547
-
4 227
-
total
2 547
-
4 227
-
Corporate
12 520
31 500
-
-
income
1 252
3 150
-
-
total
1 252
3 150
-
-
Dividends
11 268
28 350
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
4 867
3 150
6 110
6 995
After tax
26 633
28 350
25 390
24 505
Living cost
15 365
15 365
15 365
15 365
Free-cash
11 268
12 985
10 025
9 140

Estimated living cost  is ₴15365 per week

₴9935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3983
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
-₴79683
-₴79683
-₴4270
-₴79683
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
-
-
-
31 500
labour market
-
-
-
2 485
pensions
-
-
-
442
national
-
-
-
3 043
municipal
-
-
-
5 224
total
-
-
-
11 194
Employee
103 729
103 729
103 729
-
labour market
8 287
8 287
8 287
-
municipal
22 089
22 089
22 089
-
national
12 672
12 672
12 672
-
pensions
147
147
147
-
total
43 195
43 195
43 195
-
Employer
103 729
103 729
103 729
-
national
12 695
12 695
12 695
-
labour market
8 298
8 298
8 298
-
pensions
295
295
295
-
municipal
22 124
22 124
22 124
-
total
43 412
43 412
43 412
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
86 607
86 607
86 607
11 194
After tax
-55 107
-55 107
-55 107
20 306
Living cost
24 576
24 576
24 576
24 576
Free-cash
-79 683
-79 683
-79 683
-4 270

Estimated living cost  is ₴24576 per week

₴16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴378
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.
₴5204
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
₴5362
-₴8603
₴10592
₴841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
other
-
-
-
191
health
-
-
-
1 122
accident
-
-
-
130
income
-
-
-
6 169
pensions
-
-
-
2 141
total
-
-
-
9 753
Employee
17 547
-
26 167
-
income
2 407
-
3 708
-
pensions
1 976
-
2 946
-
health
2 009
-
2 996
-
total
6 392
-
9 650
-
Employer
17 547
-
26 167
-
unemployment
430
-
641
-
accident
293
-
437
-
pensions
2 853
-
4 255
-
total
3 576
-
5 333
-
Corporate
10 376
31 500
-
-
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.

9 339
28 350
-
-
total
9 339
28 350
-
-
Dividends
1 038
3 150
-
-
withholding
197
598
-
-
total
197
598
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 504
28 948
14 983
9 753
After tax
11 996
2 552
16 517
21 747
Living cost
11 155
11 155
11 155
11 155
Free-cash
841
-8 603
5 362
10 592

Estimated living cost  is ₴11155 per week

₴8120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
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.
₴2190
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
-₴272
₴2064
₴4501
-₴468
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

-
-
-
31 500
health
-
-
-
272
national
-
-
-
1 482
municipal
-
-
-
5 621
total
-
-
-
7 375
Employee
26 892
-
26 500
-
municipal
4 405
-
4 342
-
national
444
-
423
-
pensions
1 815
-
1 789
-
health
201
-
195
-
unemployment
404
-
398
-
total
7 269
-
7 147
-
Employer
26 892
-
26 500
-
unemployment
175
-
173
-
health
207
-
204
-
accident
27
-
26
-
pensions
4 666
-
4 598
-
total
5 075
-
5 001
-
Corporate
-
31 500
-
-
income
-
6 300
-
-
total
-
6 300
-
-
Dividends

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

-
18 900
-
-
national
-
110
-
-
municipal
-
3 402
-
-
total
-
3 512
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 344
9 812
12 148
7 375
After tax
19 156
21 688
19 352
24 125
Living cost
19 624
19 624
19 624
19 624
Free-cash
-468
2 064
-272
4 501

Estimated living cost  is ₴19624 per week

₴12818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4606
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
₴9944
₴8109
₴12575
₴8554
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
-
-
-
31 500
social contributions
-
-
-
4 914
health
-
-
-
803
income
-
-
-
1 374
total
-
-
-
7 091
Employee
39 304
39 304
39 304
-
social contributions
1 486
3 262
2 374
-
income
4 280
3 638
3 959
-
health
305
668
486
-
total
6 071
7 568
6 819
-
Employer
39 304
39 304
39 304
-
health
331
727
529
-
social contributions
1 486
3 262
2 374
-
total
1 817
3 989
2 903
-
Corporate
11 779
-
-
-
income
1 472
-
-
-
total
1 472
-
-
-
Dividends
10 306
-
-
-
withholding
1 752
-
-
-
total
1 752
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 112
11 557
9 722
7 091
After tax
20 388
19 943
21 778
24 409
Living cost
11 834
11 834
11 834
11 834
Free-cash
8 554
8 109
9 944
12 575

Estimated living cost  is ₴11834 per week

₴7093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3319
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
₴11383
₴17970
₴15547
₴15371
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
-
-
-
31 500
health
-
-
-
1 850
income
-
-
-
2 722
pensions
-
-
-
3 251
unemployment
-
-
-
15
total
-
-
-
7 838
Employee

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

11 732
-
28 559
-
income
802
-
2 207
-
pensions
1 760
-
4 283
-
health
997
-
2 428
-
unemployment
58
-
143
-
total
3 617
-
9 061
-
Employer

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

11 732
-
28 559
-
unemployment
58
-
143
-
health
504
-
1 228
-
pensions
645
-
1 570
-
total
1 207
-
2 941
-
Corporate
18 560
31 500
-
-
income
1 670
2 835
-
-
total
1 670
2 835
-
-
Dividends
16 890
28 665
-
-
withholding
1 520
2 580
-
-
total
1 520
2 580
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 014
5 415
12 002
7 838
After tax
23 486
26 085
19 498
23 662
Living cost
8 115
8 115
8 115
8 115
Free-cash
15 371
17 970
11 383
15 547

Estimated living cost  is ₴8115 per week

₴5178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2111
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
₴3382
₴7212
₴3160
₴4527
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
-
-
-
31 500
other
-
-
-
31
accident
-
-
-
283
income
-
-
-
4 836
pensions
-
-
-
8 914
unemployment
-
-
-
220
total
-
-
-
14 284
Employee
18 900
-
23 886
-
income
3 644
-
4 931
-
other
18
-
24
-
pensions
889
-
1 122
-
unemployment
293
-
371
-
total
4 844
-
6 448
-
Employer
18 900
-
23 886
-
other
151
-
191
-
unemployment
1 040
-
1 313
-
accident
374
-
473
-
pensions
4 460
-
5 637
-
total
6 025
-
7 614
-
Corporate
6 575
31 500
-
-
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.

986
4 725
-
-
total
986
4 725
-
-
Dividends
5 588
26 775
-
-
withholding
1 062
5 507
-
-
total
1 062
5 507
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 917
10 232
14 062
14 284
After tax
18 583
21 268
17 438
17 216
Living cost
14 056
14 056
14 056
14 056
Free-cash
4 527
7 212
3 382
3 160

Estimated living cost  is ₴14056 per week

₴9487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2971
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
₴18910
₴18712
₴18976
₴18557
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
-
-
-
31 500
health
-
-
-
499
income
-
-
-
10 392
pensions
-
-
-
689
total
-
-
-
11 580
Employee
1 438
-
30 725
-
income
278
-
10 355
-
pensions
129
-
310
-
health
72
-
172
-
unemployment
14
-
34
-
total
493
-
10 871
-
Employer
1 438
-
30 725
-
unemployment
29
-
69
-
health
137
-
327
-
pensions
158
-
379
-
total
324
-
775
-
Corporate
29 739
31 500
-
-
income
6 543
6 930
-
-
total
6 543
6 930
-
-
Dividends
23 196
24 570
-
-
withholding
4 639
4 914
-
-
total
4 639
4 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 999
11 844
11 646
11 580
After tax
19 501
19 656
19 854
19 920
Living cost
944
944
944
944
Free-cash
18 557
18 712
18 910
18 976

Estimated living cost  is ₴944 per week

₴561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴285
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
₴8054
₴13930
₴6696
₴11416
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.

-
-
-
31 500
health
-
-
-
3 245
income
-
-
-
4 067
pensions
-
-
-
8 190
unemployment
-
-
-
473
total
-
-
-
15 975
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.

13 313
-
26 718
-
income
1 835
-
4 519
-
pensions
1 864
-
3 740
-
health
686
-
1 376
-
unemployment
100
-
200
-
total
4 485
-
9 835
-
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.

13 313
-
26 718
-
unemployment
100
-
200
-
health
686
-
1 376
-
pensions
1 598
-
3 206
-
total
2 384
-
4 782
-
Corporate
15 803
31 500
-
-
income
2 371
4 725
-
-
total
2 371
4 725
-
-
Dividends
13 433
26 775
-
-
withholding
2 015
4 016
-
-
total
2 015
4 016
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 255
8 741
14 617
15 975
After tax
20 245
22 759
16 883
15 525
Living cost
8 829
8 829
8 829
8 829
Free-cash
11 416
13 930
8 054
6 696

Estimated living cost  is ₴8829 per week

₴5945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1946
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
₴3379
₴4138
₴4316
₴3954
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.

-
-
-
31 500
social contributions

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

-
-
-
10 946
income
-
-
-
2 458
surtax
-
-
-
-
total
-
-
-
13 404
Employee
19 839
-
25 454
-
surtax
-
-
-
-
social contributions
2 182
-
2 800
-
income
3 876
-
5 496
-
total
6 058
-
8 296
-
Employer
19 839
-
25 454
-
social contributions
4 711
-
6 045
-
total
4 711
-
6 045
-
Corporate
6 950
31 500
-
-
surtax
-
-
-
-
income
1 460
6 615
-
-
total
1 460
6 615
-
-
Dividends
5 490
24 885
-
-
withholding
1 537
6 967
-
-
total
1 537
6 967
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 766
13 582
14 341
13 404
After tax
17 734
17 918
17 159
18 096
Living cost
13 780
13 780
13 780
13 780
Free-cash
3 954
4 138
3 379
4 316

Estimated living cost  is ₴13780 per week

₴9760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2819
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
-₴526
₴3304
-₴748
-₴1057
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
-
-
-
31 500
other
-
-
-
31
accident
-
-
-
283
income
-
-
-
4 836
pensions
-
-
-
8 914
unemployment
-
-
-
220
total
-
-
-
14 284
Employee
24 686
-
23 886
-
income
5 156
-
4 931
-
other
24
-
24
-
pensions
1 160
-
1 122
-
unemployment
382
-
371
-
total
6 722
-
6 448
-
Employer
24 686
-
23 886
-
other
198
-
191
-
unemployment
1 358
-
1 313
-
accident
489
-
473
-
pensions
5 826
-
5 637
-
total
7 871
-
7 614
-
Corporate
-
31 500
-
-
income

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

-
4 725
-
-
total
-
4 725
-
-
Dividends
-
26 775
-
-
withholding
-
5 507
-
-
total
-
5 507
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 593
10 232
14 062
14 284
After tax
16 907
21 268
17 438
17 216
Living cost
17 964
17 964
17 964
17 964
Free-cash
-1 057
3 304
-526
-748

Estimated living cost  is ₴17964 per week

₴12901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3413
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
₴13946
₴18217
₴13334
₴15130
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
-
-
-
31 500
health
-
-
-
2 035
income
-
-
-
4 725
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
9 450
Employee
11 542
-
28 028
-
income
1 154
-
2 803
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 013
-
1 554
-
health
531
-
814
-
total
2 825
-
5 366
-
Employer
11 542
-
28 028
-
unemployment
69
-
106
-
health
796
-
1 221
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 272
-
1 950
-
total
2 264
-
3 472
-
Corporate
17 694
31 500
-
-
income
1 769
3 150
-
-
total
1 769
3 150
-
-
Dividends
15 925
28 350
-
-
withholding
796
1 417
-
-
total
796
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 654
4 567
8 838
9 450
After tax
23 846
26 933
22 662
22 050
Living cost
8 716
8 716
8 716
8 716
Free-cash
15 130
18 217
13 946
13 334

Estimated living cost  is ₴8716 per week

₴5765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2245
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
₴4215
-₴3427
₴3105
₴3261
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.

-
-
-
31 500
health

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

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

-
-
-
3 492
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.

-
-
-
3 848
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.

-
-
-
211
trade
-
-
-
1 110
total
-
-
-
8 661
Employee

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

25 432
-
31 500
-
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.

115
-
211
-
income

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

2 091
-
3 848
-
health

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

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

3 492
-
3 492
-
total
5 698
-
7 551
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 068
31 500
-
-
chamber of commerce
86
124
-
-
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.

50
260
-
-
trade
871
4 520
-
-
income
910
4 725
-
-
total
1 917
9 629
-
-
Dividends
4 150
21 871
-
-
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.

47
290
-
-
withholding
843
5 274
-
-
total
890
5 564
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 505
15 193
7 551
8 661
After tax
22 995
16 307
23 949
22 839
Living cost
19 734
19 734
19 734
19 734
Free-cash
3 261
-3 427
4 215
3 105

Estimated living cost  is ₴19734 per week

₴13613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴3711
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
-₴4705
-₴7066
-₴4705
-₴8484
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
-
-
-
31 500
income
-
-
-
4 700
social contributions
-
-
-
2 388
total
-
-
-
7 088
Employee
39 983
-
31 500
-
income
7 545
-
4 700
-
social contributions
3 322
-
2 388
-
total
10 867
-
7 088
-
Employer
39 983
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
income
-
3 937
-
-
total
-
3 937
-
-
Dividends
-
27 563
-
-
withholding
-
5 512
-
-
total
-
5 512
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 867
9 449
7 088
7 088
After tax
20 633
22 051
24 412
24 412
Living cost
29 117
29 117
29 117
29 117
Free-cash
-8 484
-7 066
-4 705
-4 705

Estimated living cost  is ₴29117 per week

₴22152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴4315
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
₴4274
-₴780
-₴4766
₴2181
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.

-
-
-
31 500
income
-
-
-
14 550
health

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

-
-
-
3 161
total
-
-
-
17 711
Employee
23 448
-
29 149
-
income
2 544
-
3 969
-
social contributions
2 349
-
2 351
-
total
4 893
-
6 320
-
Employer
23 448
-
29 149
-
social contributions
2 349
-
2 351
-
total
2 349
-
2 351
-
Corporate
5 703
31 500
-
-
income
1 996
11 025
-
-
total
1 996
11 025
-
-
Dividends
3 706
20 475
-
-
social contributions
1 526
2 700
-
-
total
1 526
2 700
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 764
13 725
8 671
17 711
After tax
20 736
17 775
22 829
13 789
Living cost
18 555
18 555
18 555
18 555
Free-cash
2 181
-780
4 274
-4 766

Estimated living cost  is ₴18555 per week

₴12222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4585
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
₴1576
₴4839
₴4844
₴1989
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
-
-
-
31 500
income
-
-
-
5 902
pensions
-
-
-
1 991
total
-
-
-
7 893
Employee
25 755
-
28 049
-
income
4 690
-
5 085
-
health
336
-
383
-
pensions
1 966
-
2 242
-
total
6 992
-
7 710
-
Employer
25 755
-
28 049
-
health
489
-
533
-
pensions
2 602
-
2 918
-
total
3 091
-
3 451
-
Corporate
2 653
31 500
-
-
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.

504
5 985
-
-
total
504
5 985
-
-
Dividends
2 149
25 515
-
-
withholding
161
1 913
-
-
total
161
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 748
7 898
11 161
7 893
After tax
20 752
23 602
20 339
23 607
Living cost
18 763
18 763
18 763
18 763
Free-cash
1 989
4 839
1 576
4 844

Estimated living cost  is ₴18763 per week

₴12872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3930
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
₴4258
-₴9707
₴9488
₴672
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
-
-
-
31 500
other
-
-
-
191
health
-
-
-
1 122
accident
-
-
-
130
income
-
-
-
6 169
pensions
-
-
-
2 141
total
-
-
-
9 753
Employee
19 284
-
26 167
-
income
2 646
-
3 708
-
pensions
2 171
-
2 946
-
health
2 208
-
2 996
-
total
7 025
-
9 650
-
Employer
19 284
-
26 167
-
unemployment
472
-
641
-
accident
322
-
437
-
pensions
3 136
-
4 255
-
total
3 930
-
5 333
-
Corporate
8 286
31 500
-
-
income

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

7 457
28 350
-
-
total
7 457
28 350
-
-
Dividends
829
3 150
-
-
withholding
157
598
-
-
total
157
598
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 569
28 948
14 983
9 753
After tax
12 931
2 552
16 517
21 747
Living cost
12 259
12 259
12 259
12 259
Free-cash
672
-9 707
4 258
9 488

Estimated living cost  is ₴12259 per week

₴8997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴2301
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
₴11628
₴19874
₴11628
₴17390
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.

-
-
-
31 500
income
-
-
-
4 309
health insurance
-
-
-
2 331
work injury
-
-
-
157
pensions
-
-
-
5 796
unemployment
-
-
-
378
total
-
-
-
12 971
Employee

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

11 041
-
31 500
-
income
1 104
-
4 309
-
work injury
55
-
157
-
health insurance
817
-
2 331
-
pensions
2 032
-
5 796
-
unemployment
132
-
378
-
total
4 140
-
12 971
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 459
31 500
-
-
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
20 459
31 500
-
-
withholding
3 069
4 725
-
-
total
3 069
4 725
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 209
4 725
12 971
12 971
After tax
24 291
26 775
18 529
18 529
Living cost
6 900
6 900
6 900
6 900
Free-cash
17 390
19 874
11 628
11 628

Estimated living cost  is ₴6900 per week

₴4275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
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.
₴1909
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
-₴5152
-₴3771
-₴3403
-₴11573
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
-
-
-
31 500
social contributions
-
-
-
8 101
national
-
-
-
5 736
regional
-
-
-
493
municipal
-
-
-
210
total
-
-
-
14 540
Employee
43 072
-
31 500
-
social contributions
14 524
-
10 621
-
municipal
257
-
188
-
national
7 279
-
5 056
-
regional
650
-
424
-
total
22 710
-
16 289
-
Employer
43 072
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
nationa
-
7 560
-
-
municipal
-
1 518
-
-
total
-
9 078
-
-
Dividends
-
22 422
-
-
withholding
-
5 830
-
-
total
-
5 830
-
-
Income
31 500
31 500
31 500
31 500
Total tax
22 710
14 908
16 289
14 540
After tax
8 790
16 592
15 211
16 960
Living cost
20 363
20 363
20 363
20 363
Free-cash
-11 573
-3 771
-5 152
-3 403

Estimated living cost  is ₴20363 per week

₴14303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4350
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