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
₴1027
₴8909
₴7563
₴6487
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
income

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

-
-
-
4 045
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.

-
-
-
222
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.

-
-
-
3 372
trade
-
-
-
1 346
total
-
-
-
8 985
Employee

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

18 881
-
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.

29
-
222
-
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.

527
-
4 045
-
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.

3 372
-
3 372
-
total
3 928
-
7 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 619
31 500
-
-
income
1 893
4 725
-
-
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.

104
259
-
-
chamber of commerce
93
120
-
-
trade
1 988
4 961
-
-
total
4 078
10 065
-
-
Dividends
8 541
21 434
-
-
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.

107
285
-
-
withholding
1 948
5 171
-
-
total
2 055
5 456
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 061
15 521
7 639
8 985
After tax
21 439
15 979
23 861
22 515
Living cost
14 952
14 952
14 952
14 952
Free-cash
6 487
1 027
8 909
7 563

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3524
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
-₴6559
-₴6309
-₴6556
-₴12827
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
municipal
-
-
-
3 029
national
-
-
-
4 693
pensions
-
-
-
3 780
total
-
-
-
11 841
Employee
40 639
-
27 231
-
municipal
5 020
-
3 151
-
pensions
1 626
-
1 089
-
national
7 778
-
4 882
-
total
14 424
-
9 122
-
Employer
40 639
-
27 231
-
pensions
3 251
-
2 179
-
social contributions
437
-
293
-
total
3 688
-
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
18 112
11 844
11 594
11 841
After tax
13 388
19 656
19 906
19 659
Living cost
26 215
26 215
26 215
26 215
Free-cash
-12 827
-6 559
-6 309
-6 556

Estimated living cost  is ₴26215 per week

₴17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
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.
₴5568
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
₴14930
₴7688
₴14951
₴10880
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
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 554
microenterprise
-
-
-
4 725
total
-
-
-
6 279
Employee
14 425
-
25 385
-
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.

1 587
-
2 793
-
income
2 568
-
4 634
-
total
4 155
-
7 427
-
Employer
14 425
-
25 385
-
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.

3 475
-
6 115
-
surtax
-
-
-
-
total
3 475
-
6 115
-
Corporate
13 601
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%.

2 720
6 300
-
-
total
2 720
6 300
-
-
Dividends

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

10 880
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 350
6 300
13 542
6 279
After tax
21 150
25 200
17 958
25 221
Living cost
10 270
10 270
10 270
10 270
Free-cash
10 880
14 930
7 688
14 951

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2507
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
-₴14750
-₴17520
-₴2701
-₴17520
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
-
-
-
3 015
health
-
-
-
4 836
pensions
-
-
-
5 670
total
-
-
-
13 521
Employee
42 155
42 155
42 155
-
pensions
7 588
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
6 470
-
total
20 958
18 188
20 958
-
Employer
42 155
42 155
42 155
-
health
2 930
2 930
2 930
-
pensions
2 934
2 934
2 934
-
unemployment
1 518
1 518
1 518
-
total
7 382
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
28 340
25 570
28 340
13 521
After tax
3 160
5 930
3 160
17 979
Living cost
20 680
20 680
20 680
20 680
Free-cash
-17 520
-14 750
-17 520
-2 701

Estimated living cost  is ₴20680 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3831
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
-₴3026
-₴3403
-₴4522
-₴6374
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
accident
-
-
-
63
other
-
-
-
3 660
unemployment
-
-
-
31
health
-
-
-
1 966
municipal
-
-
-
6 672
national
-
-
-
-
pensions
-
-
-
3 405
total
-
-
-
15 797
Employee
28 819
-
23 969
-
municipal
8 594
-
7 147
-
national
-
-
-
-
total
8 594
-
7 147
-
Employer
28 819
-
23 969
-
health
1 772
-
1 474
-
pensions
3 115
-
2 591
-
accident
58
-
48
-
unemployment
761
-
633
-
other
3 349
-
2 785
-
total
9 055
-
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
17 649
14 301
14 678
15 797
After tax
13 851
17 199
16 822
15 703
Living cost
20 225
20 225
20 225
20 225
Free-cash
-6 374
-3 026
-3 403
-4 522

Estimated living cost  is ₴20225 per week

₴13404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1985
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.
₴4529
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
-₴3575
₴4468
₴3062
₴3361
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
income

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

-
-
-
4 045
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.

-
-
-
222
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.

-
-
-
3 372
trade
-
-
-
1 406
total
-
-
-
9 045
Employee

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

25 034
-
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.

118
-
222
-
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.

2 151
-
4 045
-
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.

3 372
-
3 372
-
total
5 641
-
7 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 466
31 500
-
-
income
970
4 725
-
-
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.

53
259
-
-
chamber of commerce
84
120
-
-
trade
1 063
5 181
-
-
total
2 170
10 285
-
-
Dividends
4 296
21 214
-
-
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.

49
281
-
-
withholding
886
5 116
-
-
total
935
5 397
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 746
15 682
7 639
9 045
After tax
22 754
15 818
23 861
22 455
Living cost
19 393
19 393
19 393
19 393
Free-cash
3 361
-3 575
4 468
3 062

Estimated living cost  is ₴19393 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
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.
₴4088
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
₴4327
₴5932
₴8268
₴5101
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
-
-
-
1 504
social contributions
-
-
-
4 914
health
-
-
-
803
total
-
-
-
7 221
Employee
37 959
37 959
37 959
-
social contributions
1 845
3 150
2 374
-
income
3 986
3 514
3 794
-
health
378
645
486
-
total
6 209
7 309
6 654
-
Employer
37 959
37 959
37 959
-
health
411
703
529
-
social contributions
1 845
3 150
2 374
-
total
2 256
3 853
2 903
-
Corporate
7 025
-
-
-
income
878
-
-
-
total
878
-
-
-
Dividends
6 147
-
-
-
withholding
1 045
-
-
-
total
1 045
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 388
11 162
9 557
7 221
After tax
21 112
20 338
21 943
24 279
Living cost
16 011
16 011
16 011
16 011
Free-cash
5 101
4 327
5 932
8 268

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
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.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴8756
₴9204
₴12764
₴8943
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
-
-
-
3 851
unemployment
-
-
-
472
health
-
-
-
2 205
pensions
-
-
-
3 150
total
-
-
-
9 678
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.

13 076
5 204
26 360
-
unemployment
196
78
395
-
pensions
1 308
520
2 636
-
income
1 599
636
3 222
-
health
915
364
1 845
-
total
4 018
1 598
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.

13 076
5 204
26 360
-
pensions
2 550
1 015
5 140
-
total
2 550
1 015
5 140
-
Corporate
15 874
25 281
-
-
income
1 429
2 275
-
-
total
1 429
2 275
-
-
Dividends
14 446
23 006
-
-
social contributions
2 757
4 427
-
-
withholding
2 745
4 371
-
-
total
5 502
8 798
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 499
13 686
13 238
9 678
After tax
18 001
17 814
18 262
21 822
Living cost
9 058
9 058
9 058
9 058
Free-cash
8 943
8 756
9 204
12 764

Estimated living cost  is ₴9058 per week

₴6182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
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
₴13277
₴6335
₴5239
₴10210
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
-
-
-
3 943
health
-
-
-
4 095
pensions
-
-
-
6 300
total
-
-
-
14 338
Employee
14 004
-
23 543
-
unemployment
224
-
377
-
pensions
280
-
471
-
income
1 577
-
4 438
-
total
2 081
-
5 286
-
Employer
14 004
-
23 543
-
health
1 820
-
3 060
-
pensions
2 801
-
4 708
-
unemployment
112
-
188
-
total
4 733
-
7 956
-
Corporate
12 762
31 500
-
-
income
2 553
6 300
-
-
total
2 553
6 300
-
-
Dividends
10 210
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
9 367
6 300
13 242
14 338
After tax
22 133
25 200
18 258
17 162
Living cost
11 923
11 923
11 923
11 923
Free-cash
10 210
13 277
6 335
5 239

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴8444
₴5442
₴10743
₴865
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
accident
-
-
-
126
income
-
-
-
6 282
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
9 762
Employee
17 295
-
26 167
-
pensions
1 947
-
2 946
-
income
2 373
-
3 788
-
health
1 980
-
2 996
-
total
6 300
-
9 730
-
Employer
17 295
-
26 167
-
pensions
2 812
-
4 255
-
accident
289
-
437
-
unemployment
424
-
641
-
total
3 525
-
5 333
-
Corporate
10 680
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.

9 612
28 350
-
-
total
9 612
28 350
-
-
Dividends
1 068
3 150
-
-
withholding
203
599
-
-
total
203
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 640
28 949
15 063
9 762
After tax
11 860
2 551
16 437
21 738
Living cost
10 995
10 995
10 995
10 995
Free-cash
865
-8 444
5 442
10 743

Estimated living cost  is ₴10995 per week

₴8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴2098
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
₴25930
₴21205
₴27190
₴25181
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
4 994
-
31 500
-
income
999
-
6 300
-
total
999
-
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%.

26 506
31 500
-
-
total
-
-
-
-
Dividends
26 506
31 500
-
-
withholding
1 325
1 575
-
-
total
1 325
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 324
1 575
6 300
315
After tax
29 176
29 925
25 200
31 185
Living cost
3 995
3 995
3 995
3 995
Free-cash
25 181
25 930
21 205
27 190

Estimated living cost  is ₴3995 per week

₴2476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1077
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
₴9989
₴5310
₴3902
₴6655
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
-
-
-
4 001
other
-
-
-
1 496
health
-
-
-
1 386
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.

-
-
-
7 561
total
-
-
-
14 444
Employee
17 924
-
25 159
-
unemployment
179
-
252
-
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.

1 254
-
1 761
-
income
3 086
-
4 331
-
health
251
-
352
-
total
4 770
-
6 696
-
Employer
17 924
-
25 159
-
health
251
-
352
-
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.

3 047
-
4 277
-
accident
143
-
201
-
unemployment
179
-
252
-
other
897
-
1 258
-
total
4 517
-
6 340
-
Corporate
9 059
31 500
-
-
income
1 903
6 615
-
-
total
1 903
6 615
-
-
Dividends
7 156
24 885
-
-
withholding
501
1 742
-
-
total
501
1 742
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 691
8 357
13 036
14 444
After tax
19 809
23 143
18 464
17 056
Living cost
13 154
13 154
13 154
13 154
Free-cash
6 655
9 989
5 310
3 902

Estimated living cost  is ₴13154 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
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
-₴9215
-₴12524
-₴9228
-₴21293
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
-
-
-
5 897
pensions
-
-
-
2 015
total
-
-
-
7 912
Employee
46 430
-
28 025
-
pensions
4 479
-
2 270
-
income
8 369
-
5 074
-
health
765
-
388
-
total
13 613
-
7 732
-
Employer
46 430
-
28 025
-
health
882
-
533
-
pensions
5 482
-
2 943
-
total
6 364
-
3 476
-
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
-
1 914
-
-
total
-
1 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 977
7 899
11 208
7 912
After tax
11 523
23 601
20 292
23 588
Living cost
32 816
32 816
32 816
32 816
Free-cash
-21 293
-9 215
-12 524
-9 228

Estimated living cost  is ₴32816 per week

₴24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3856
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.
₴4104
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
₴20452
₴16320
₴15684
₴18157
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
-
-
-
4 725
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
9 335
Employee
8 582
-
28 112
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
2 811
-
health
395
-
794
-
total
2 101
-
5 311
-
Employer
8 582
-
28 112
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
21 234
31 500
-
-
income
2 123
3 150
-
-
total
2 123
3 150
-
-
Dividends
19 111
28 350
-
-
withholding
955
1 417
-
-
total
955
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
6 862
4 567
8 699
9 335
After tax
24 638
26 933
22 801
22 165
Living cost
6 481
6 481
6 481
6 481
Free-cash
18 157
20 452
16 320
15 684

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
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
-₴21443
-₴24213
-₴9394
-₴22280
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
-
-
-
3 015
health
-
-
-
4 836
pensions
-
-
-
5 670
total
-
-
-
13 521
Employee
45 767
42 155
42 155
-
pensions
5 784
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
6 470
-
total
18 394
18 188
20 958
-
Employer
45 767
42 155
42 155
-
health
3 180
2 930
2 930
-
pensions
3 185
2 934
2 934
-
unemployment
1 648
1 518
1 518
-
total
8 013
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
26 407
25 570
28 340
13 521
After tax
5 093
5 930
3 160
17 979
Living cost
27 373
27 373
27 373
27 373
Free-cash
-22 280
-21 443
-24 213
-9 394

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4423
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
₴9421
₴3717
₴3076
₴5044
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
-
-
-
2 707
social contributions
-
-
-
9 198
solidarity contribution
-
-
-
-
health
-
-
-
4 252
total
-
-
-
16 157
Employee
18 040
-
23 507
-
solidarity contribution
-
-
-
-
social contributions
1 173
-
1 528
-
income
2 165
-
2 821
-
health
2 435
-
3 174
-
total
5 773
-
7 523
-
Employer
18 040
-
23 507
-
health
1 624
-
2 116
-
social contributions
4 510
-
5 877
-
total
6 134
-
7 993
-
Corporate
7 326
31 500
-
-
income
1 392
5 985
-
-
total
1 392
5 985
-
-
Dividends
5 934
25 515
-
-
withholding
890
3 827
-
-
total
890
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 189
9 812
15 516
16 157
After tax
17 311
21 688
15 984
15 343
Living cost
12 267
12 267
12 267
12 267
Free-cash
5 044
9 421
3 717
3 076

Estimated living cost  is ₴12267 per week

₴8521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
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.
₴2632
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
-₴4024
-₴5475
-₴3695
-₴12372
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
regional
-
-
-
321
municipal
-
-
-
187
national
-
-
-
5 756
total
-
-
-
14 365
Employee
43 872
-
31 500
-
municipal
232
-
167
-
national
7 602
-
5 075
-
regional
414
-
281
-
social contributions
14 794
-
10 622
-
total
23 042
-
16 145
-
Employer
43 872
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
municipal
-
1 228
-
-
nationa
-
7 560
-
-
total
-
8 788
-
-
Dividends
-
22 712
-
-
withholding
-
5 906
-
-
total
-
5 906
-
-
Income
31 500
31 500
31 500
31 500
Total tax
23 042
14 694
16 145
14 365
After tax
8 458
16 806
15 355
17 135
Living cost
20 830
20 830
20 830
20 830
Free-cash
-12 372
-4 024
-5 475
-3 695

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4624
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
₴8921
₴5961
₴6646
₴7385
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
-
-
-
4 941
other
-
-
-
-
surtax
-
-
-
371
unemployment
-
-
-
112
health
-
-
-
2 237
pensions
-
-
-
6 300
total
-
-
-
13 961
Employee
16 325
-
26 023
-
other
-
-
-
-
unemployment
1 136
-
1 811
-
pensions
1 089
-
1 736
-
surtax
53
-
319
-
income
2 736
-
4 640
-
health
417
-
663
-
total
5 431
-
9 169
-
Employer
16 325
-
26 023
-
health
743
-
1 183
-
pensions
2 176
-
3 469
-
unemployment
517
-
825
-
other
-
-
-
-
total
3 436
-
5 477
-
Corporate
11 739
31 500
-
-
income
3 052
8 190
-
-
total
3 052
8 190
-
-
Dividends
8 687
23 310
-
-
withholding
1 303
3 496
-
-
total
1 303
3 496
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 222
11 686
14 646
13 961
After tax
18 278
19 814
16 854
17 539
Living cost
10 893
10 893
10 893
10 893
Free-cash
7 385
8 921
5 961
6 646

Estimated living cost  is ₴10893 per week

₴6661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2976
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
₴1182
-₴2127
₴1169
-₴3575
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
-
-
-
5 897
pensions
-
-
-
2 015
total
-
-
-
7 912
Employee
31 116
-
28 025
-
pensions
2 641
-
2 270
-
income
5 604
-
5 074
-
health
452
-
388
-
total
8 697
-
7 732
-
Employer
31 116
-
28 025
-
health
591
-
533
-
pensions
3 368
-
2 943
-
total
3 959
-
3 476
-
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
-
1 914
-
-
total
-
1 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 656
7 899
11 208
7 912
After tax
18 844
23 601
20 292
23 588
Living cost
22 419
22 419
22 419
22 419
Free-cash
-3 575
1 182
-2 127
1 169

Estimated living cost  is ₴22419 per week

₴16796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3708
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
-₴24737
-₴14076
-₴12475
-₴18670
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
regional
-
-
-
743
health
-
-
-
128
city
-
-
-
332
national
-
-
-
103
pensions
-
-
-
2 898
total
-
-
-
4 834
Employee
45 805
-
28 194
-
unemployment
-
-
-
-
pensions
3 848
-
2 368
-
national
217
-
83
-
regional
1 500
-
623
-
city
492
-
303
-
health
104
-
63
-
total
6 161
-
3 440
-
Employer
45 805
-
28 194
-
health
104
-
63
-
pensions
3 848
-
2 368
-
unemployment
-
-
-
-
other

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

916
-
564
-
total
4 868
-
2 995
-
Corporate
-
31 500
-
-
regional
-
6 662
-
-
national
-
2 677
-
-
total
-
9 339
-
-
Dividends
-
22 161
-
-
withholding
-
7 757
-
-
total
-
7 757
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 029
17 096
6 435
4 834
After tax
20 471
14 404
25 065
26 666
Living cost
39 141
39 141
39 141
39 141
Free-cash
-18 670
-24 737
-14 076
-12 475

Estimated living cost  is ₴39141 per week

₴25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
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.
₴9695
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
-₴6958
₴1247
-₴219
₴1045
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
income

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

-
-
-
4 045
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.

-
-
-
222
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.

-
-
-
3 372
trade
-
-
-
1 466
total
-
-
-
9 105
Employee

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

29 667
-
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.

192
-
222
-
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.

3 489
-
4 045
-
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.

3 372
-
3 372
-
total
7 053
-
7 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 833
31 500
-
-
income
274
4 725
-
-
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.

15
259
-
-
chamber of commerce
78
119
-
-
trade
315
5 402
-
-
total
682
10 505
-
-
Dividends
1 151
20 994
-
-
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.

6
278
-
-
withholding
100
5 061
-
-
total
106
5 339
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 841
15 844
7 639
9 105
After tax
23 659
15 656
23 861
22 395
Living cost
22 614
22 614
22 614
22 614
Free-cash
1 045
-6 958
1 247
-219

Estimated living cost  is ₴22614 per week

₴16517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
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.
₴3995
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
-₴1013
₴2122
₴1917
₴1902
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
-
-
-
1 567
other
-
-
-
976
surtax
-
-
-
-
social contributions
-
-
-
897
health
-
-
-
273
pensions
-
-
-
8 981
total
-
-
-
12 694
Employee
21 127
-
24 003
-
pensions
2 389
-
2 714
-
surtax
-
-
-
-
social contributions
602
-
684
-
income
1 247
-
1 594
-
total
4 238
-
4 992
-
Employer
21 127
-
24 003
-
health
1 479
-
1 681
-
pensions
3 471
-
3 944
-
unemployment
855
-
972
-
social contributions
64
-
72
-
other
729
-
828
-
total
6 598
-
7 497
-
Corporate
3 775
31 500
-
-
income
1 057
8 820
-
-
surtax
-
-
-
-
total
1 057
8 820
-
-
Dividends
2 718
22 680
-
-
surtax
-
-
-
-
social contributions
468
3 901
-
-
withholding
348
2 903
-
-
total
816
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 709
15 624
12 489
12 694
After tax
18 791
15 876
19 011
18 806
Living cost
16 889
16 889
16 889
16 889
Free-cash
1 902
-1 013
2 122
1 917

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4580
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
₴660
₴3795
₴3590
₴3404
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
-
-
-
1 567
other
-
-
-
976
surtax
-
-
-
-
social contributions
-
-
-
897
health
-
-
-
273
pensions
-
-
-
8 981
total
-
-
-
12 694
Employee
18 859
-
24 003
-
pensions
2 133
-
2 714
-
surtax
-
-
-
-
social contributions
538
-
684
-
income
972
-
1 594
-
total
3 643
-
4 992
-
Employer
18 859
-
24 003
-
health
1 320
-
1 681
-
pensions
3 099
-
3 944
-
unemployment
763
-
972
-
social contributions
56
-
72
-
other
651
-
828
-
total
5 889
-
7 497
-
Corporate
6 751
31 500
-
-
income
1 890
8 820
-
-
surtax
-
-
-
-
total
1 890
8 820
-
-
Dividends
4 861
22 680
-
-
surtax
-
-
-
-
social contributions
836
3 901
-
-
withholding
622
2 903
-
-
total
1 458
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 880
15 624
12 489
12 694
After tax
18 620
15 876
19 011
18 806
Living cost
15 216
15 216
15 216
15 216
Free-cash
3 404
660
3 795
3 590

Estimated living cost  is ₴15216 per week

₴8825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
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.
₴4557
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
₴8750
₴8299
₴9761
₴9006
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
-
-
-
4 725
social contributions
-
-
-
4 347
health
-
-
-
2 199
total
-
-
-
11 271
Employee
16 738
-
31 500
-
social contributions
2 310
-
4 347
-
income
2 792
-
6 187
-
health
1 168
-
2 199
-
total
6 270
-
12 733
-
Employer
16 738
-
31 500
-
total
-
-
-
-
Corporate
14 762
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%.

738
1 575
-
-
total
738
1 575
-
-
Dividends
14 024
29 925
-
-
social contributions
1 935
4 129
-
-
withholding
2 104
4 489
-
-
health
979
2 089
-
-
total
5 018
10 707
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 026
12 282
12 733
11 271
After tax
19 474
19 218
18 767
20 229
Living cost
10 468
10 468
10 468
10 468
Free-cash
9 006
8 750
8 299
9 761

Estimated living cost  is ₴10468 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
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.
₴2575
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
₴564
-₴5780
-₴202
-₴833
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
-
-
-
2 820
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
126
health
-
-
-
2 409
pensions
-
-
-
5 828
total
-
-
-
14 308
Employee
24 670
19 673
24 385
-
other
246
197
244
-
unemployment
740
590
732
-
pensions
2 527
2 014
2 497
-
income
2 808
1 451
2 727
-
health
955
762
943
-
total
7 276
5 014
7 143
-
Employer
24 670
19 673
24 385
-
chamber of commerce
98
79
97
-
health
932
744
922
-
pensions
3 096
2 469
3 060
-
accident
320
256
317
-
unemployment
740
590
732
-
surtax
97
97
97
-
payroll
740
590
732
-
other
1 172
934
1 158
-
total
7 195
5 759
7 115
-
Corporate
1 874
6 068
22 512
-
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.

468
1 517
5 628
-
total
468
1 517
5 628
-
Dividends
-
4 551
-
-
withholding
-
1 252
-
-
total
-
1 252
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 939
13 542
19 886
14 308
After tax
16 561
17 958
11 614
17 192
Living cost
17 394
17 394
17 394
17 394
Free-cash
-833
564
-5 780
-202

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
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.
₴4024
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
-₴268
-₴4685
-₴1541
-₴14089
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
communal

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

-
-
-
1 653
social contributions
-
-
-
3 949
national
-
-
-
9 440
total
-
-
-
15 042
Employee

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

35 311
-
24 397
-
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.

307
-
213
-
communal

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

1 842
-
1 272
-
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.

2 648
-
1 830
-
national
10 856
-
6 621
-
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.

1 659
-
1 148
-
total
17 312
-
11 084
-
Employer

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

35 311
-
24 397
-
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.

2 171
-
1 501
-
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.

3 129
-
2 161
-
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.

459
-
317
-
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.

515
-
356
-
surtax
4 004
-
2 767
-
total
10 278
-
7 102
-
Corporate
-
31 500
-
-
income
-
6 300
-
-
surtax
-
126
-
-
total
-
6 426
-
-
Dividends
-
25 075
-
-
withholding

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

-
7 343
-
-
total
-
7 343
-
-
Income
31 500
31 500
31 500
31 500
Total tax
27 590
13 769
18 186
15 042
After tax
3 910
17 731
13 314
16 458
Living cost
17 999
17 999
17 999
17 999
Free-cash
-14 089
-268
-4 685
-1 541

Estimated living cost  is ₴17999 per week

₴11594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4550
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
₴3437
-₴450
-₴674
-₴906
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
accident
-
-
-
284
income
-
-
-
4 896
other
-
-
-
32
unemployment
-
-
-
220
pensions
-
-
-
8 914
total
-
-
-
14 346
Employee
24 573
-
23 886
-
other
24
-
23
-
unemployment
381
-
370
-
pensions
1 155
-
1 122
-
income
5 185
-
4 993
-
total
6 745
-
6 508
-
Employer
24 573
-
23 886
-
pensions
5 799
-
5 637
-
accident
486
-
473
-
unemployment
1 352
-
1 313
-
other
196
-
191
-
total
7 833
-
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
-
5 510
-
-
total
-
5 510
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 578
10 235
14 122
14 346
After tax
16 922
21 265
17 378
17 154
Living cost
17 828
17 828
17 828
17 828
Free-cash
-906
3 437
-450
-674

Estimated living cost  is ₴17828 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3178
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
-₴7138
-₴5641
-₴6257
-₴10349
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
communal
-
-
-
-
accident
-
-
-
284
income
-
-
-
1 576
surtax
-
-
-
1 667
health
-
-
-
2 363
pensions
-
-
-
5 040
total
-
-
-
10 930
Employee
37 383
-
28 138
-
pensions
2 990
-
2 251
-
surtax
2 291
-
1 725
-
income
3 611
-
1 724
-
health
1 664
-
1 252
-
total
10 556
-
6 952
-
Employer
37 383
-
28 138
-
health
1 140
-
858
-
pensions
2 990
-
2 251
-
accident
336
-
253
-
total
4 466
-
3 362
-
Corporate
-
31 500
-
-
communal
-
2 127
-
-
income
-
4 725
-
-
surtax
-
331
-
-
total
-
7 183
-
-
Dividends
-
24 318
-
-
income
-
980
-
-
withholding
-
3 648
-
-
total
-
4 628
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 022
11 811
10 314
10 930
After tax
16 478
19 689
21 186
20 570
Living cost
26 827
26 827
26 827
26 827
Free-cash
-10 349
-7 138
-5 641
-6 257

Estimated living cost  is ₴26827 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
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.
₴4793
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
₴8726
₴5766
₴6451
₴7157
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
-
-
-
4 941
other
-
-
-
-
surtax
-
-
-
371
unemployment
-
-
-
112
health
-
-
-
2 237
pensions
-
-
-
6 300
total
-
-
-
13 961
Employee
16 624
-
26 023
-
other
-
-
-
-
unemployment
1 157
-
1 811
-
pensions
1 109
-
1 736
-
surtax
59
-
319
-
income
2 787
-
4 640
-
health
424
-
663
-
total
5 536
-
9 169
-
Employer
16 624
-
26 023
-
health
756
-
1 183
-
pensions
2 216
-
3 469
-
unemployment
527
-
825
-
other
-
-
-
-
total
3 499
-
5 477
-
Corporate
11 376
31 500
-
-
income
2 957
8 190
-
-
total
2 957
8 190
-
-
Dividends
8 418
23 310
-
-
withholding
1 263
3 496
-
-
total
1 263
3 496
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 255
11 686
14 646
13 961
After tax
18 245
19 814
16 854
17 539
Living cost
11 088
11 088
11 088
11 088
Free-cash
7 157
8 726
5 766
6 451

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3173
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
₴3260
₴1914
₴3683
₴2163
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
regional
-
-
-
475
municipal
-
-
-
187
national
-
-
-
5 756
total
-
-
-
14 519
Employee
27 383
-
31 500
-
municipal
145
-
167
-
national
4 338
-
5 075
-
regional
369
-
424
-
social contributions
9 234
-
10 622
-
total
14 086
-
16 288
-
Employer
27 383
-
31 500
-
total
-
-
-
-
Corporate
4 117
31 500
-
-
municipal
204
1 565
-
-
nationa
988
7 560
-
-
total
1 192
9 125
-
-
Dividends
2 924
22 375
-
-
withholding
761
5 817
-
-
total
761
5 817
-
-
Income
31 500
31 500
31 500
31 500
Total tax
16 039
14 942
16 288
14 519
After tax
15 461
16 558
15 212
16 981
Living cost
13 298
13 298
13 298
13 298
Free-cash
2 163
3 260
1 914
3 683

Estimated living cost  is ₴13298 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3453
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
₴6572
₴868
₴227
₴1178
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
-
-
-
2 707
social contributions
-
-
-
9 198
solidarity contribution
-
-
-
-
health
-
-
-
4 252
total
-
-
-
16 157
Employee
22 230
-
23 507
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
1 528
-
income
2 668
-
2 821
-
health
3 001
-
3 174
-
total
7 114
-
7 523
-
Employer
22 230
-
23 507
-
health
2 001
-
2 116
-
social contributions
5 558
-
5 877
-
total
7 559
-
7 993
-
Corporate
1 712
31 500
-
-
income
325
5 985
-
-
total
325
5 985
-
-
Dividends
1 387
25 515
-
-
withholding
208
3 827
-
-
total
208
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 206
9 812
15 516
16 157
After tax
16 294
21 688
15 984
15 343
Living cost
15 116
15 116
15 116
15 116
Free-cash
1 178
6 572
868
227

Estimated living cost  is ₴15116 per week

₴11242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
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.
₴2776
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
₴2262
-₴4116
₴1540
₴2021
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
-
-
-
2 820
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
126
health
-
-
-
2 409
pensions
-
-
-
5 828
total
-
-
-
14 211
Employee
21 579
19 673
24 462
-
other
215
197
245
-
unemployment
647
590
734
-
pensions
2 210
2 014
2 505
-
income
1 922
1 451
2 749
-
health
835
762
947
-
total
5 829
5 014
7 180
-
Employer
21 579
19 673
24 462
-
chamber of commerce
86
79
97
-
health
816
744
925
-
pensions
2 708
2 469
3 070
-
accident
280
256
318
-
unemployment
647
590
734
-
surtax
-
-
-
-
payroll
647
590
734
-
other
1 025
934
1 162
-
total
6 209
5 662
7 040
-
Corporate
3 711
6 165
22 588
-
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.

927
1 541
5 647
-
total
927
1 541
5 647
-
Dividends
2 784
4 624
-
-
withholding
765
1 272
-
-
total
765
1 272
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 730
13 489
19 867
14 211
After tax
17 770
18 011
11 633
17 289
Living cost
15 749
15 749
15 749
15 749
Free-cash
2 021
2 262
-4 116
1 540

Estimated living cost  is ₴15749 per week

₴9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴4412
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
₴23699
₴18974
₴24959
₴22531
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
7 782
-
31 500
-
income
1 557
-
6 300
-
total
1 557
-
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%.

23 718
31 500
-
-
total
-
-
-
-
Dividends
23 718
31 500
-
-
withholding
1 186
1 575
-
-
total
1 186
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 743
1 575
6 300
315
After tax
28 757
29 925
25 200
31 185
Living cost
6 226
6 226
6 226
6 226
Free-cash
22 531
23 699
18 974
24 959

Estimated living cost  is ₴6226 per week

₴4213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
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.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴8447
₴2938
₴3840
₴4316
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
income
-
-
-
5 520
unemployment
-
-
-
47
health
-
-
-
3 099
pensions
-
-
-
5 753
total
-
-
-
14 419
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.

21 829
-
27 256
-
unemployment
31
-
38
-
pensions
3 384
-
4 225
-
income
3 764
-
5 055
-
health
1 410
-
1 760
-
total
8 589
-
11 078
-
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.

21 829
-
27 256
-
health
1 454
-
1 815
-
pensions
1 932
-
2 412
-
unemployment
13
-
16
-
total
3 399
-
4 243
-
Corporate
6 272
31 500
-
-
income
1 192
5 985
-
-
total
1 192
5 985
-
-
Dividends
5 081
25 515
-
-
withholding
763
3 827
-
-
total
763
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 943
9 812
15 321
14 419
After tax
17 557
21 688
16 179
17 081
Living cost
13 241
13 241
13 241
13 241
Free-cash
4 316
8 447
2 938
3 840

Estimated living cost  is ₴13241 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3049
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
-₴2433
₴3317
₴171
-₴43133
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
-
-
-
6 140
social contributions
-
-
-
3 591
total
-
-
-
9 731
Employee
30 968
-
-
-
social contributions
2 539
-
362
-
income
6 831
-
-
-
total
9 370
-
362
-
Employer
30 968
-
-
-
social contributions
43 665
-
6 223
-
total
43 665
-
6 223
-
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
53 035
12 335
6 585
9 731
After tax
-21 535
19 165
24 915
21 769
Living cost
21 598
21 598
21 598
21 598
Free-cash
-43 133
-2 433
3 317
171

Estimated living cost  is ₴21598 per week

₴14014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2031
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.
₴5278
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
₴2433
₴1591
₴2572
₴1937
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
income
-
-
-
2 498
surtax
-
-
-
-
social contributions

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

-
-
-
10 946
total
-
-
-
13 444
Employee
22 704
-
25 455
-
surtax
-
-
-
-
social contributions
2 497
-
2 800
-
income
4 722
-
5 580
-
total
7 219
-
8 380
-
Employer
22 704
-
25 455
-
social contributions
5 392
-
6 045
-
total
5 392
-
6 045
-
Corporate
3 404
31 500
-
-
income
715
6 615
-
-
surtax
-
-
-
-
total
715
6 615
-
-
Dividends
2 689
24 885
-
-
withholding
753
6 968
-
-
total
753
6 968
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 079
13 583
14 425
13 444
After tax
17 421
17 917
17 075
18 056
Living cost
15 484
15 484
15 484
15 484
Free-cash
1 937
2 433
1 591
2 572

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2727
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
-₴7966
-₴4831
-₴5036
-₴9074
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
-
-
-
1 567
other
-
-
-
976
surtax
-
-
-
-
social contributions
-
-
-
897
health
-
-
-
273
pensions
-
-
-
8 981
total
-
-
-
12 694
Employee
30 918
-
24 003
-
pensions
3 497
-
2 714
-
surtax
-
-
-
-
social contributions
881
-
684
-
income
2 698
-
1 594
-
total
7 076
-
4 992
-
Employer
30 918
-
24 003
-
health
2 164
-
1 681
-
pensions
5 080
-
3 944
-
unemployment
1 252
-
972
-
social contributions
93
-
72
-
other
1 067
-
828
-
total
9 656
-
7 497
-
Corporate
-
31 500
-
-
income
-
8 820
-
-
surtax
-
-
-
-
total
-
8 820
-
-
Dividends
-
22 680
-
-
surtax
-
-
-
-
social contributions
-
3 901
-
-
withholding
-
2 903
-
-
total
-
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
16 732
15 624
12 489
12 694
After tax
14 768
15 876
19 011
18 806
Living cost
23 842
23 842
23 842
23 842
Free-cash
-9 074
-7 966
-4 831
-5 036

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴5429
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
₴13511
₴10510
₴9627
₴11853
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
-
-
-
104
social contributions
-
-
-
6 930
total
-
-
-
7 034
Employee
15 870
-
27 272
-
income
-
-
151
-
social contributions
1 031
-
1 772
-
total
1 031
-
1 923
-
Employer
15 870
-
27 272
-
social contributions
2 460
-
4 228
-
total
2 460
-
4 228
-
Corporate
13 170
31 500
-
-
income
1 317
3 150
-
-
total
1 317
3 150
-
-
Dividends
11 853
28 350
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
4 808
3 150
6 151
7 034
After tax
26 692
28 350
25 349
24 466
Living cost
14 839
14 839
14 839
14 839
Free-cash
11 853
13 511
10 510
9 627

Estimated living cost  is ₴14839 per week

₴9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3846
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
-₴76005
-₴76005
-₴3520
-₴76005
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
-
-
-
2 486
municipal
-
-
-
5 274
national
-
-
-
3 069
pensions
-
-
-
428
total
-
-
-
11 257
Employee
100 298
100 298
100 298
-
municipal
21 358
21 358
21 358
-
labour market
8 012
8 012
8 012
-
pensions
143
143
143
-
national
12 253
12 253
12 253
-
total
41 766
41 766
41 766
-
Employer
100 298
100 298
100 298
-
national
12 275
12 275
12 275
-
labour market
8 024
8 024
8 024
-
pensions
285
285
285
-
municipal
21 392
21 392
21 392
-
total
41 976
41 976
41 976
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
83 742
83 742
83 742
11 257
After tax
-52 242
-52 242
-52 242
20 243
Living cost
23 763
23 763
23 763
23 763
Free-cash
-76 005
-76 005
-76 005
-3 520

Estimated living cost  is ₴23763 per week

₴16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5032
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
-₴8281
₴5605
₴10906
₴889
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
accident
-
-
-
126
income
-
-
-
6 282
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
9 762
Employee
17 040
-
26 167
-
pensions
1 919
-
2 946
-
income
2 338
-
3 788
-
health
1 951
-
2 996
-
total
6 208
-
9 730
-
Employer
17 040
-
26 167
-
pensions
2 771
-
4 255
-
accident
285
-
437
-
unemployment
418
-
641
-
total
3 474
-
5 333
-
Corporate
10 987
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.

9 888
28 350
-
-
total
9 888
28 350
-
-
Dividends
1 099
3 150
-
-
withholding
209
599
-
-
total
209
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 779
28 949
15 063
9 762
After tax
11 721
2 551
16 437
21 738
Living cost
10 832
10 832
10 832
10 832
Free-cash
889
-8 281
5 605
10 906

Estimated living cost  is ₴10832 per week

₴7885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2127
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
₴2701
₴364
₴5035
₴434
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
-
-
-
279
municipal
-
-
-
5 620
national
-
-
-
1 614
total
-
-
-
7 513
Employee
25 972
-
26 499
-
municipal
4 254
-
4 340
-
unemployment
390
-
397
-
pensions
1 753
-
1 788
-
national
429
-
457
-
health
194
-
202
-
total
7 020
-
7 184
-
Employer
25 972
-
26 499
-
health
200
-
204
-
pensions
4 506
-
4 598
-
accident
26
-
26
-
unemployment
169
-
172
-
total
4 901
-
5 000
-
Corporate
628
31 500
-
-
income
126
6 300
-
-
total
126
6 300
-
-
Dividends

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

377
18 900
-
-
municipal
67
3 402
-
-
national
-
145
-
-
total
67
3 547
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 114
9 847
12 184
7 513
After tax
19 386
21 653
19 316
23 987
Living cost
18 952
18 952
18 952
18 952
Free-cash
434
2 701
364
5 035

Estimated living cost  is ₴18952 per week

₴12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4449
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
₴8909
₴10514
₴12850
₴9046
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
-
-
-
1 504
social contributions
-
-
-
4 914
health
-
-
-
803
total
-
-
-
7 221
Employee
37 959
37 959
37 959
-
social contributions
1 435
3 150
2 374
-
income
4 133
3 514
3 794
-
health
294
645
486
-
total
5 862
7 309
6 654
-
Employer
37 959
37 959
37 959
-
health
319
703
529
-
social contributions
1 435
3 150
2 374
-
total
1 754
3 853
2 903
-
Corporate
12 454
-
-
-
income
1 557
-
-
-
total
1 557
-
-
-
Dividends
10 897
-
-
-
withholding
1 852
-
-
-
total
1 852
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 025
11 162
9 557
7 221
After tax
20 475
20 338
21 943
24 279
Living cost
11 429
11 429
11 429
11 429
Free-cash
9 046
8 909
10 514
12 850

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3206
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
₴18247
₴11655
₴15975
₴15736
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
income
-
-
-
2 747
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
7 687
Employee

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

11 331
-
28 558
-
unemployment
56
-
142
-
pensions
1 699
-
4 284
-
income
775
-
2 213
-
health
963
-
2 427
-
total
3 493
-
9 066
-
Employer

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

11 331
-
28 558
-
health
487
-
1 228
-
pensions
623
-
1 571
-
unemployment
56
-
142
-
total
1 166
-
2 941
-
Corporate
19 003
31 500
-
-
income
1 711
2 835
-
-
total
1 711
2 835
-
-
Dividends
17 292
28 665
-
-
withholding
1 556
2 580
-
-
total
1 556
2 580
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 926
5 415
12 007
7 687
After tax
23 574
26 085
19 493
23 813
Living cost
7 838
7 838
7 838
7 838
Free-cash
15 736
18 247
11 655
15 975

Estimated living cost  is ₴7838 per week

₴5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2038
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
₴7690
₴3803
₴3579
₴5101
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
accident
-
-
-
284
income
-
-
-
4 896
other
-
-
-
32
unemployment
-
-
-
220
pensions
-
-
-
8 914
total
-
-
-
14 346
Employee
18 253
-
23 886
-
other
18
-
23
-
unemployment
283
-
370
-
pensions
858
-
1 122
-
income
3 519
-
4 993
-
total
4 678
-
6 508
-
Employer
18 253
-
23 886
-
pensions
4 307
-
5 637
-
accident
362
-
473
-
unemployment
1 004
-
1 313
-
other
146
-
191
-
total
5 819
-
7 614
-
Corporate
7 428
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.

1 114
4 725
-
-
total
1 114
4 725
-
-
Dividends
6 314
26 775
-
-
withholding
1 213
5 510
-
-
total
1 213
5 510
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 824
10 235
14 122
14 346
After tax
18 676
21 265
17 378
17 154
Living cost
13 575
13 575
13 575
13 575
Free-cash
5 101
7 690
3 803
3 579

Estimated living cost  is ₴13575 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2869
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
₴18695
₴18881
₴18950
₴18538
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
-
-
-
10 380
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
11 589
Employee
1 464
-
30 711
-
unemployment
15
-
35
-
pensions
132
-
316
-
income
283
-
10 343
-
health
73
-
175
-
total
503
-
10 869
-
Employer
1 464
-
30 711
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
29 706
31 500
-
-
income
6 535
6 930
-
-
total
6 535
6 930
-
-
Dividends
23 171
24 570
-
-
withholding
4 634
4 914
-
-
total
4 634
4 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 001
11 844
11 658
11 589
After tax
19 499
19 656
19 842
19 911
Living cost
961
961
961
961
Free-cash
18 538
18 695
18 881
18 950

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
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.
₴290
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
₴14222
₴8318
₴6961
₴11793
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
income
-
-
-
4 095
unemployment
-
-
-
473
health
-
-
-
3 244
pensions
-
-
-
8 190
total
-
-
-
16 002
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.

12 873
-
26 718
-
unemployment
97
-
200
-
pensions
1 802
-
3 740
-
income
1 774
-
4 547
-
health
663
-
1 376
-
total
4 336
-
9 863
-
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.

12 873
-
26 718
-
health
663
-
1 376
-
pensions
1 545
-
3 206
-
unemployment
97
-
200
-
total
2 305
-
4 782
-
Corporate
16 323
31 500
-
-
income
2 448
4 725
-
-
total
2 448
4 725
-
-
Dividends
13 874
26 775
-
-
withholding
2 081
4 016
-
-
total
2 081
4 016
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 170
8 741
14 645
16 002
After tax
20 330
22 759
16 855
15 498
Living cost
8 537
8 537
8 537
8 537
Free-cash
11 793
14 222
8 318
6 961

Estimated living cost  is ₴8537 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
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.
₴1882
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
₴4609
₴3767
₴4748
₴4430
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
income
-
-
-
2 498
surtax
-
-
-
-
social contributions

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

-
-
-
10 946
total
-
-
-
13 444
Employee
19 160
-
25 455
-
surtax
-
-
-
-
social contributions
2 108
-
2 800
-
income
3 744
-
5 580
-
total
5 852
-
8 380
-
Employer
19 160
-
25 455
-
social contributions
4 550
-
6 045
-
total
4 550
-
6 045
-
Corporate
7 790
31 500
-
-
income
1 636
6 615
-
-
surtax
-
-
-
-
total
1 636
6 615
-
-
Dividends
6 155
24 885
-
-
withholding
1 724
6 968
-
-
total
1 724
6 968
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 762
13 583
14 425
13 444
After tax
17 738
17 917
17 075
18 056
Living cost
13 308
13 308
13 308
13 308
Free-cash
4 430
4 609
3 767
4 748

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
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.
₴2722
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
₴3916
₴29
-₴195
₴42
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
accident
-
-
-
284
income
-
-
-
4 896
other
-
-
-
32
unemployment
-
-
-
220
pensions
-
-
-
8 914
total
-
-
-
14 346
Employee
23 841
-
23 886
-
other
23
-
23
-
unemployment
369
-
370
-
pensions
1 120
-
1 122
-
income
4 979
-
4 993
-
total
6 491
-
6 508
-
Employer
23 841
-
23 886
-
pensions
5 626
-
5 637
-
accident
472
-
473
-
unemployment
1 312
-
1 313
-
other
191
-
191
-
total
7 601
-
7 614
-
Corporate
58
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.

8
4 725
-
-
total
8
4 725
-
-
Dividends
50
26 775
-
-
withholding
9
5 510
-
-
total
9
5 510
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 109
10 235
14 122
14 346
After tax
17 391
21 265
17 378
17 154
Living cost
17 349
17 349
17 349
17 349
Free-cash
42
3 916
29
-195

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3297
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
₴18429
₴14297
₴13661
₴15414
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
-
-
-
4 725
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
9 335
Employee
11 260
-
28 112
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
2 811
-
health
518
-
794
-
total
2 757
-
5 311
-
Employer
11 260
-
28 112
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
18 031
31 500
-
-
income
1 803
3 150
-
-
total
1 803
3 150
-
-
Dividends
16 228
28 350
-
-
withholding
812
1 417
-
-
total
812
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 582
4 567
8 699
9 335
After tax
23 918
26 933
22 801
22 165
Living cost
8 504
8 504
8 504
8 504
Free-cash
15 414
18 429
14 297
13 661

Estimated living cost  is ₴8504 per week

₴5624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Source of data for Sofia model

Close
Berlin , Germany
-₴2754
₴4803
₴3576
₴3703
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
income

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

-
-
-
4 045
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.

-
-
-
222
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.

-
-
-
3 372
trade
-
-
-
1 227
total
-
-
-
8 866
Employee

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

24 562
-
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.

111
-
222
-
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.

2 020
-
4 045
-
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.

3 372
-
3 372
-
total
5 503
-
7 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 938
31 500
-
-
income
1 041
4 725
-
-
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.

57
259
-
-
chamber of commerce
85
121
-
-
trade
996
4 520
-
-
total
2 179
9 625
-
-
Dividends
4 759
21 875
-
-
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.

55
290
-
-
withholding
1 002
5 281
-
-
total
1 057
5 571
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 739
15 196
7 639
8 866
After tax
22 761
16 304
23 861
22 634
Living cost
19 058
19 058
19 058
19 058
Free-cash
3 703
-2 754
4 803
3 576

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴3584
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
-₴6070
-₴3799
-₴3799
-₴7114
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
-
-
-
4 754
social contributions
-
-
-
2 425
total
-
-
-
7 179
Employee
38 614
-
31 500
-
income
7 286
-
4 754
-
social contributions
3 208
-
2 425
-
total
10 494
-
7 179
-
Employer
38 614
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
income
-
3 937
-
-
total
-
3 937
-
-
Dividends
-
27 563
-
-
withholding
-
5 513
-
-
total
-
5 513
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 494
9 450
7 179
7 179
After tax
21 006
22 050
24 321
24 321
Living cost
28 120
28 120
28 120
28 120
Free-cash
-7 114
-6 070
-3 799
-3 799

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
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.
₴4167
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
-₴53
₴4936
-₴3455
₴2807
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
-
-
-
14 052
health

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

-
-
-
2 983
total
-
-
-
17 035
Employee
22 646
-
29 229
-
income
2 457
-
4 102
-
social contributions
2 269
-
2 271
-
total
4 726
-
6 373
-
Employer
22 646
-
29 229
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
6 585
31 500
-
-
income
2 304
11 025
-
-
total
2 304
11 025
-
-
Dividends
4 281
20 475
-
-
social contributions
1 474
2 608
-
-
total
1 474
2 608
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 773
13 633
8 644
17 035
After tax
20 727
17 867
22 856
14 465
Living cost
17 920
17 920
17 920
17 920
Free-cash
2 807
-53
4 936
-3 455

Estimated living cost  is ₴17920 per week

₴11804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4428
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
₴5375
₴2066
₴5362
₴2607
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
-
-
-
5 897
pensions
-
-
-
2 015
total
-
-
-
7 912
Employee
25 018
-
28 025
-
pensions
1 909
-
2 270
-
income
4 556
-
5 074
-
health
326
-
388
-
total
6 791
-
7 732
-
Employer
25 018
-
28 025
-
health
475
-
533
-
pensions
2 528
-
2 943
-
total
3 003
-
3 476
-
Corporate
3 479
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.

661
5 985
-
-
total
661
5 985
-
-
Dividends
2 818
25 515
-
-
withholding
212
1 914
-
-
total
212
1 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 667
7 899
11 208
7 912
After tax
20 833
23 601
20 292
23 588
Living cost
18 226
18 226
18 226
18 226
Free-cash
2 607
5 375
2 066
5 362

Estimated living cost  is ₴18226 per week

₴12503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3818
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
-₴9354
₴4532
₴9833
₴725
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
accident
-
-
-
126
income
-
-
-
6 282
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
9 762
Employee
18 727
-
26 167
-
pensions
2 109
-
2 946
-
income
2 569
-
3 788
-
health
2 144
-
2 996
-
total
6 822
-
9 730
-
Employer
18 727
-
26 167
-
pensions
3 045
-
4 255
-
accident
313
-
437
-
unemployment
459
-
641
-
total
3 817
-
5 333
-
Corporate
8 957
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.

8 061
28 350
-
-
total
8 061
28 350
-
-
Dividends
896
3 150
-
-
withholding
170
599
-
-
total
170
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 870
28 949
15 063
9 762
After tax
12 630
2 551
16 437
21 738
Living cost
11 905
11 905
11 905
11 905
Free-cash
725
-9 354
4 532
9 833

Estimated living cost  is ₴11905 per week

₴8737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴20105
₴11812
₴11812
₴17704
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
-
-
-
4 355
unemployment
-
-
-
378
work injury
-
-
-
158
health insurance
-
-
-
2 331
pensions
-
-
-
5 796
total
-
-
-
13 018
Employee

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

10 671
-
31 500
-
health insurance
790
-
2 331
-
unemployment
128
-
378
-
work injury
53
-
158
-
pensions
1 964
-
5 796
-
income
1 067
-
4 355
-
total
4 002
-
13 018
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 829
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
20 829
31 500
-
-
withholding
3 124
4 725
-
-
total
3 124
4 725
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 126
4 725
13 018
13 018
After tax
24 374
26 775
18 482
18 482
Living cost
6 670
6 670
6 670
6 670
Free-cash
17 704
20 105
11 812
11 812

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
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.
₴1845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₴3075
-₴4481
-₴2732
-₴10099
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
regional
-
-
-
498
municipal
-
-
-
211
national
-
-
-
5 756
total
-
-
-
14 566
Employee
41 598
-
31 500
-
municipal
248
-
188
-
national
7 030
-
5 075
-
regional
628
-
430
-
social contributions
14 027
-
10 622
-
total
21 933
-
16 315
-
Employer
41 598
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
municipal
-
1 519
-
-
nationa
-
7 560
-
-
total
-
9 079
-
-
Dividends
-
22 422
-
-
withholding
-
5 830
-
-
total
-
5 830
-
-
Income
31 500
31 500
31 500
31 500
Total tax
21 933
14 909
16 315
14 566
After tax
9 567
16 591
15 185
16 934
Living cost
19 666
19 666
19 666
19 666
Free-cash
-10 099
-3 075
-4 481
-2 732

Estimated living cost  is ₴19666 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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