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
₴6564
₴9011
₴1148
₴7634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
31 500
health

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

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

-
-
-
3 344
trade
-
-
-
1 377
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.

-
-
-
4 092
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.

-
-
-
225
total
-
-
-
9 038
Employee

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

18 724
-
31 500
-
health

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

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

3 344
-
3 344
-
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.

523
-
4 092
-
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
-
225
-
total
3 896
-
7 661
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 776
31 500
-
-
income
1 916
4 725
-
-
chamber of commerce
93
120
-
-
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.

105
260
-
-
trade
2 012
4 962
-
-
total
4 126
10 067
-
-
Dividends
8 650
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.

109
284
-
-
withholding
1 977
5 173
-
-
total
2 086
5 457
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 108
15 524
7 661
9 038
After tax
21 392
15 976
23 839
22 462
Living cost
14 828
14 828
14 828
14 828
Free-cash
6 564
1 148
9 011
7 634

Estimated living cost  is ₴14828 per week

₴9327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3495
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
-₴11203
-₴5409
-₴5599
-₴5656
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
-
-
-
3 052
pensions
-
-
-
3 780
national
-
-
-
4 730
total
-
-
-
11 901
Employee
39 150
-
27 231
-
pensions
1 566
-
1 089
-
municipal
4 836
-
3 174
-
national
7 493
-
4 919
-
total
13 895
-
9 182
-
Employer
39 150
-
27 231
-
pensions
3 132
-
2 179
-
social contributions
421
-
293
-
total
3 553
-
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
17 448
11 844
11 654
11 901
After tax
14 052
19 656
19 846
19 599
Living cost
25 255
25 255
25 255
25 255
Free-cash
-11 203
-5 599
-5 409
-5 656

Estimated living cost  is ₴25255 per week

₴17165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5364
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
₴11000
₴7770
₴15016
₴15050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
31 500
social contributions

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

-
-
-
1 541
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
4 725
total
-
-
-
6 266
Employee
14 304
-
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.

1 574
-
2 793
-
income
2 546
-
4 638
-
surtax
-
-
-
-
total
4 120
-
7 431
-
Employer
14 304
-
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.

3 446
-
6 115
-
total
3 446
-
6 115
-
Corporate
13 750
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%.

2 750
6 300
-
-
total
2 750
6 300
-
-
Dividends

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

11 000
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 316
6 300
13 546
6 266
After tax
21 184
25 200
17 954
25 234
Living cost
10 184
10 184
10 184
10 184
Free-cash
11 000
15 016
7 770
15 050

Estimated living cost  is ₴10184 per week

₴6497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴2486
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
-₴17112
-₴17112
-₴14365
-₴2529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
4 835
income
-
-
-
3 017
pensions
-
-
-
5 670
total
-
-
-
13 522
Employee
41 804
41 804
41 804
-
pensions
7 525
5 736
7 525
-
health
6 416
5 458
6 416
-
income

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

6 843
6 843
6 843
-
total
20 784
18 037
20 784
-
Employer
41 804
41 804
41 804
-
pensions
2 910
2 910
2 910
-
health
2 906
2 906
2 906
-
unemployment
1 505
1 505
1 505
-
total
7 321
7 321
7 321
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
28 105
25 358
28 105
13 522
After tax
3 395
6 142
3 395
17 978
Living cost
20 507
20 507
20 507
20 507
Free-cash
-17 112
-14 365
-17 112
-2 529

Estimated living cost  is ₴20507 per week

₴14533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
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.
₴3800
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
-₴5966
-₴3186
-₴2808
-₴4304
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
health
-
-
-
1 966
municipal
-
-
-
6 672
pensions
-
-
-
3 405
other
-
-
-
3 660
unemployment
-
-
-
31
national
-
-
-
-
total
-
-
-
15 797
Employee
28 508
-
23 969
-
municipal
8 501
-
7 148
-
national
-
-
-
-
total
8 501
-
7 148
-
Employer
28 508
-
23 969
-
pensions
3 082
-
2 591
-
other
3 313
-
2 785
-
health
1 753
-
1 474
-
unemployment
753
-
633
-
accident
57
-
48
-
total
8 958
-
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
17 459
14 301
14 679
15 797
After tax
14 041
17 199
16 821
15 703
Living cost
20 007
20 007
20 007
20 007
Free-cash
-5 966
-2 808
-3 186
-4 304

Estimated living cost  is ₴20007 per week

₴13260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4480
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
₴3463
₴4608
-₴3416
₴3170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
31 500
health

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

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

-
-
-
3 344
trade
-
-
-
1 438
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.

-
-
-
4 092
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.

-
-
-
225
total
-
-
-
9 099
Employee

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

24 825
-
31 500
-
health

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

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

3 344
-
3 344
-
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.

2 133
-
4 092
-
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.

117
-
225
-
total
5 594
-
7 661
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 675
31 500
-
-
income
1 001
4 725
-
-
chamber of commerce
84
119
-
-
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
260
-
-
trade
1 098
5 182
-
-
total
2 238
10 286
-
-
Dividends
4 437
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.

51
281
-
-
withholding
923
5 118
-
-
total
974
5 399
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 806
15 685
7 661
9 099
After tax
22 694
15 815
23 839
22 401
Living cost
19 231
19 231
19 231
19 231
Free-cash
3 463
-3 416
4 608
3 170

Estimated living cost  is ₴19231 per week

₴12862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4054
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
₴5250
₴6103
₴4552
₴8370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
social contributions
-
-
-
4 914
health
-
-
-
804
income
-
-
-
1 534
total
-
-
-
7 252
Employee
37 643
37 643
37 643
-
health
374
640
486
-
social contributions
1 829
3 124
2 374
-
income
3 953
3 485
3 756
-
total
6 156
7 249
6 616
-
Employer
37 643
37 643
37 643
-
health
408
697
529
-
social contributions
1 829
3 124
2 374
-
total
2 237
3 821
2 903
-
Corporate
7 229
-
-
-
income
904
-
-
-
total
904
-
-
-
Dividends
6 325
-
-
-
withholding
1 075
-
-
-
total
1 075
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 372
11 070
9 519
7 252
After tax
21 128
20 430
21 981
24 248
Living cost
15 878
15 878
15 878
15 878
Free-cash
5 250
4 552
6 103
8 370

Estimated living cost  is ₴15878 per week

₴10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1240
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.
₴3517
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
₴8953
₴9213
₴8763
₴12773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
2 205
income
-
-
-
3 851
pensions
-
-
-
3 150
unemployment
-
-
-
472
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.

13 062
5 199
26 360
-
unemployment
196
78
395
-
pensions
1 306
520
2 636
-
health
914
364
1 845
-
income
1 597
636
3 222
-
total
4 013
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.

13 062
5 199
26 360
-
pensions
2 547
1 014
5 140
-
total
2 547
1 014
5 140
-
Corporate
15 891
25 288
-
-
income
1 430
2 276
-
-
total
1 430
2 276
-
-
Dividends
14 461
23 012
-
-
social contributions
2 760
4 428
-
-
withholding
2 748
4 372
-
-
total
5 508
8 800
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 498
13 688
13 238
9 678
After tax
18 002
17 812
18 262
21 822
Living cost
9 049
9 049
9 049
9 049
Free-cash
8 953
8 763
9 213
12 773

Estimated living cost  is ₴9049 per week

₴6175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1953
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
₴10336
₴6412
₴13376
₴5317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
4 095
income
-
-
-
3 965
pensions
-
-
-
6 299
total
-
-
-
14 359
Employee
13 887
-
23 542
-
unemployment
222
-
376
-
pensions
278
-
471
-
income
1 563
-
4 459
-
total
2 063
-
5 306
-
Employer
13 887
-
23 542
-
pensions
2 778
-
4 709
-
health
1 805
-
3 060
-
unemployment
111
-
189
-
total
4 694
-
7 958
-
Corporate
12 919
31 500
-
-
income
2 583
6 300
-
-
total
2 583
6 300
-
-
Dividends
10 335
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
9 340
6 300
13 264
14 359
After tax
22 160
25 200
18 236
17 141
Living cost
11 824
11 824
11 824
11 824
Free-cash
10 336
13 376
6 412
5 317

Estimated living cost  is ₴11824 per week

₴8110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
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.
₴2772
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
₴881
₴5523
-₴8336
₴10848
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
-
-
-
125
health
-
-
-
1 079
income
-
-
-
6 319
pensions
-
-
-
2 059
other
-
-
-
183
total
-
-
-
9 765
Employee
17 125
-
26 167
-
pensions
1 928
-
2 947
-
health
1 961
-
2 996
-
income
2 349
-
3 814
-
total
6 238
-
9 757
-
Employer
17 125
-
26 167
-
pensions
2 785
-
4 255
-
unemployment
420
-
641
-
accident
286
-
437
-
total
3 491
-
5 333
-
Corporate
10 884
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.

9 796
28 350
-
-
total
9 796
28 350
-
-
Dividends
1 089
3 150
-
-
withholding
207
599
-
-
total
207
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 732
28 949
15 090
9 765
After tax
11 768
2 551
16 410
21 735
Living cost
10 887
10 887
10 887
10 887
Free-cash
881
-8 336
5 523
10 848

Estimated living cost  is ₴10887 per week

₴7979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴2078
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
₴25119
₴21153
₴25878
₴27138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
31 500
microenterprise

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

-
-
-
315
total
-
-
-
315
Employee
5 058
-
31 500
-
income
1 012
-
6 300
-
total
1 012
-
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%.

26 442
31 500
-
-
total
-
-
-
-
Dividends
26 442
31 500
-
-
withholding
1 322
1 575
-
-
total
1 322
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 334
1 575
6 300
315
After tax
29 166
29 925
25 200
31 185
Living cost
4 047
4 047
4 047
4 047
Free-cash
25 119
25 878
21 153
27 138

Estimated living cost  is ₴4047 per week

₴2508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1091
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
₴6794
₴5421
₴10099
₴4013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
1 386
income
-
-
-
4 001
pensions

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

-
-
-
7 559
other
-
-
-
1 497
total
-
-
-
14 443
Employee
17 774
-
25 159
-
unemployment
177
-
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.

1 244
-
1 760
-
health
249
-
352
-
income
3 060
-
4 331
-
total
4 730
-
6 695
-
Employer
17 774
-
25 159
-
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.

3 022
-
4 276
-
other
889
-
1 258
-
health
249
-
352
-
unemployment
177
-
252
-
accident
142
-
202
-
total
4 479
-
6 340
-
Corporate
9 246
31 500
-
-
income
1 942
6 615
-
-
total
1 942
6 615
-
-
Dividends
7 304
24 885
-
-
withholding
511
1 742
-
-
total
511
1 742
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 662
8 357
13 035
14 443
After tax
19 838
23 143
18 465
17 057
Living cost
13 044
13 044
13 044
13 044
Free-cash
6 794
10 099
5 421
4 013

Estimated living cost  is ₴13044 per week

₴9216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₴20029
-₴11774
-₴8427
-₴8458
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
-
-
-
5 893
pensions
-
-
-
2 036
total
-
-
-
7 929
Employee
45 316
-
28 006
-
pensions
4 372
-
2 294
-
health
747
-
392
-
income
8 169
-
5 064
-
total
13 288
-
7 750
-
Employer
45 316
-
28 006
-
pensions
5 351
-
2 962
-
health
861
-
533
-
total
6 212
-
3 495
-
Corporate
-
31 500
-
-
income

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

-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
1 913
-
-
total
-
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 500
7 898
11 245
7 929
After tax
12 000
23 602
20 255
23 571
Living cost
32 029
32 029
32 029
32 029
Free-cash
-20 029
-8 427
-11 774
-8 458

Estimated living cost  is ₴32029 per week

₴24000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴4006
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
₴18239
₴16436
₴20515
₴15792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
1 966
income
-
-
-
4 725
pensions

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

-
-
-
2 531
unemployment
-
-
-
68
total
-
-
-
9 290
Employee
8 499
-
28 145
-
accident

We are using the highest rate at 1.1%.

94
-
188
-
pensions

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

746
-
1 501
-
health
391
-
787
-
income
850
-
2 815
-
total
2 081
-
5 291
-
Employer
8 499
-
28 145
-
pensions

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

937
-
1 884
-
health
587
-
1 180
-
unemployment
51
-
103
-
accident

We are using the highest rate at 1.1%.

94
-
188
-
total
1 669
-
3 355
-
Corporate
21 334
31 500
-
-
income
2 133
3 150
-
-
total
2 133
3 150
-
-
Dividends
19 200
28 350
-
-
withholding
960
1 417
-
-
total
960
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
6 843
4 567
8 646
9 290
After tax
24 657
26 933
22 854
22 210
Living cost
6 418
6 418
6 418
6 418
Free-cash
18 239
20 515
16 436
15 792

Estimated living cost  is ₴6418 per week

₴3747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2043
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
-₴21833
-₴23750
-₴21003
-₴9167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
4 835
income
-
-
-
3 017
pensions
-
-
-
5 670
total
-
-
-
13 522
Employee
45 386
41 804
41 804
-
pensions
5 736
5 736
7 525
-
health
5 662
5 458
6 416
-
income

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

6 843
6 843
6 843
-
total
18 241
18 037
20 784
-
Employer
45 386
41 804
41 804
-
pensions
3 159
2 910
2 910
-
health
3 154
2 906
2 906
-
unemployment
1 634
1 505
1 505
-
total
7 947
7 321
7 321
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
26 188
25 358
28 105
13 522
After tax
5 312
6 142
3 395
17 978
Living cost
27 145
27 145
27 145
27 145
Free-cash
-21 833
-21 003
-23 750
-9 167

Estimated living cost  is ₴27145 per week

₴20024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
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.
₴4386
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
₴5213
₴3843
₴9546
₴3201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
social contributions
-
-
-
9 198
health
-
-
-
4 252
income
-
-
-
2 707
solidarity contribution
-
-
-
-
total
-
-
-
16 157
Employee
17 856
-
23 507
-
solidarity contribution
-
-
-
-
health
2 411
-
3 173
-
social contributions
1 161
-
1 528
-
income
2 143
-
2 821
-
total
5 715
-
7 522
-
Employer
17 856
-
23 507
-
health
1 607
-
2 116
-
social contributions
4 464
-
5 877
-
total
6 071
-
7 993
-
Corporate
7 573
31 500
-
-
income
1 439
5 985
-
-
total
1 439
5 985
-
-
Dividends
6 134
25 515
-
-
withholding
920
3 827
-
-
total
920
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 145
9 812
15 515
16 157
After tax
17 355
21 688
15 985
15 343
Living cost
12 142
12 142
12 142
12 142
Free-cash
5 213
9 546
3 843
3 201

Estimated living cost  is ₴12142 per week

₴8434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2605
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
-₴12007
-₴5307
-₴3851
-₴3528
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
-
-
-
8 102
municipal
-
-
-
187
regional
-
-
-
321
national
-
-
-
5 761
total
-
-
-
14 371
Employee
43 507
-
31 500
-
regional
411
-
281
-
municipal
230
-
167
-
national
7 539
-
5 080
-
social contributions
14 670
-
10 622
-
total
22 850
-
16 150
-
Employer
43 507
-
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
22 850
14 694
16 150
14 371
After tax
8 650
16 806
15 350
17 129
Living cost
20 657
20 657
20 657
20 657
Free-cash
-12 007
-3 851
-5 307
-3 528

Estimated living cost  is ₴20657 per week

₴14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴7488
₴6032
₴9011
₴6719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
2 236
income
-
-
-
4 955
surtax
-
-
-
377
pensions
-
-
-
6 300
other
-
-
-
-
unemployment
-
-
-
111
total
-
-
-
13 979
Employee
16 189
-
26 022
-
unemployment
1 127
-
1 812
-
pensions
1 079
-
1 735
-
health
413
-
663
-
income
2 714
-
4 653
-
other
-
-
-
-
surtax
53
-
325
-
total
5 386
-
9 188
-
Employer
16 189
-
26 022
-
pensions
2 158
-
3 469
-
other
-
-
-
-
health
737
-
1 184
-
unemployment
513
-
825
-
total
3 408
-
5 478
-
Corporate
11 904
31 500
-
-
income
3 095
8 190
-
-
total
3 095
8 190
-
-
Dividends
8 809
23 310
-
-
withholding
1 321
3 497
-
-
total
1 321
3 497
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 210
11 687
14 666
13 979
After tax
18 290
19 813
16 834
17 521
Living cost
10 802
10 802
10 802
10 802
Free-cash
7 488
9 011
6 032
6 719

Estimated living cost  is ₴10802 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2951
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
-₴2735
-₴1626
₴1721
₴1690
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
-
-
-
5 893
pensions
-
-
-
2 036
total
-
-
-
7 929
Employee
30 370
-
28 006
-
pensions
2 578
-
2 294
-
health
441
-
392
-
income
5 470
-
5 064
-
total
8 489
-
7 750
-
Employer
30 370
-
28 006
-
pensions
3 288
-
2 962
-
health
577
-
533
-
total
3 865
-
3 495
-
Corporate
-
31 500
-
-
income

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

-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
1 913
-
-
total
-
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 354
7 898
11 245
7 929
After tax
19 146
23 602
20 255
23 571
Living cost
21 881
21 881
21 881
21 881
Free-cash
-2 735
1 721
-1 626
1 690

Estimated living cost  is ₴21881 per week

₴16393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1640
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.
₴3619
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
-₴18283
-₴13783
-₴24434
-₴12176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
127
pensions
-
-
-
2 898
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
-
-
-
748
city
-
-
-
331
national
-
-
-
103
total
-
-
-
4 837
Employee
45 451
-
28 194
-
unemployment
-
-
-
-
pensions
3 819
-
2 368
-
regional
1 488
-
628
-
national
215
-
85
-
health
103
-
64
-
city
488
-
303
-
total
6 113
-
3 448
-
Employer
45 451
-
28 194
-
pensions
3 819
-
2 368
-
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.

909
-
564
-
health
103
-
64
-
unemployment
-
-
-
-
total
4 831
-
2 996
-
Corporate
-
31 500
-
-
regional
-
6 662
-
-
national
-
2 677
-
-
total
-
9 339
-
-
Dividends
-
22 160
-
-
withholding
-
7 756
-
-
total
-
7 756
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 944
17 095
6 444
4 837
After tax
20 556
14 405
25 056
26 663
Living cost
38 839
38 839
38 839
38 839
Free-cash
-18 283
-24 434
-13 783
-12 176

Estimated living cost  is ₴38839 per week

₴25256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴477
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.
₴9620
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
₴1167
₴1413
-₴6774
-₴85
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
31 500
health

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

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

-
-
-
3 344
trade
-
-
-
1 498
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.

-
-
-
4 092
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.

-
-
-
225
total
-
-
-
9 159
Employee

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

29 420
-
31 500
-
health

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

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

3 344
-
3 344
-
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.

3 460
-
4 092
-
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.

190
-
225
-
total
6 994
-
7 661
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 080
31 500
-
-
income
312
4 725
-
-
chamber of commerce
77
119
-
-
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.

17
260
-
-
trade
357
5 402
-
-
total
763
10 506
-
-
Dividends
1 317
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.

7
279
-
-
withholding
143
5 063
-
-
total
150
5 342
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 907
15 848
7 661
9 159
After tax
23 593
15 652
23 839
22 341
Living cost
22 426
22 426
22 426
22 426
Free-cash
1 167
-6 774
1 413
-85

Estimated living cost  is ₴22426 per week

₴16379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3962
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
₴2019
₴2251
-₴873
₴2052
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
-
-
-
898
health
-
-
-
272
income
-
-
-
1 578
surtax
-
-
-
-
pensions
-
-
-
8 975
other
-
-
-
976
total
-
-
-
12 699
Employee
20 951
-
24 003
-
pensions
2 369
-
2 714
-
social contributions
597
-
684
-
income
1 236
-
1 605
-
surtax
-
-
-
-
total
4 202
-
5 003
-
Employer
20 951
-
24 003
-
pensions
3 442
-
3 944
-
other
723
-
828
-
health
1 467
-
1 681
-
unemployment
848
-
972
-
social contributions
63
-
72
-
total
6 543
-
7 497
-
Corporate
4 006
31 500
-
-
income
1 121
8 820
-
-
surtax
-
-
-
-
total
1 121
8 820
-
-
Dividends
2 885
22 680
-
-
surtax
-
-
-
-
social contributions
497
3 901
-
-
withholding
369
2 903
-
-
total
866
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 732
15 624
12 500
12 699
After tax
18 768
15 876
19 000
18 801
Living cost
16 749
16 749
16 749
16 749
Free-cash
2 019
-873
2 251
2 052

Estimated living cost  is ₴16749 per week

₴10561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4542
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
₴3508
₴3911
₴787
₴3712
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
-
-
-
898
health
-
-
-
272
income
-
-
-
1 578
surtax
-
-
-
-
pensions
-
-
-
8 975
other
-
-
-
976
total
-
-
-
12 699
Employee
18 702
-
24 003
-
pensions
2 115
-
2 714
-
social contributions
533
-
684
-
income
964
-
1 605
-
surtax
-
-
-
-
total
3 612
-
5 003
-
Employer
18 702
-
24 003
-
pensions
3 073
-
3 944
-
other
646
-
828
-
health
1 309
-
1 681
-
unemployment
757
-
972
-
social contributions
56
-
72
-
total
5 841
-
7 497
-
Corporate
6 958
31 500
-
-
income
1 948
8 820
-
-
surtax
-
-
-
-
total
1 948
8 820
-
-
Dividends
5 009
22 680
-
-
surtax
-
-
-
-
social contributions
861
3 901
-
-
withholding
641
2 903
-
-
total
1 502
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 903
15 624
12 500
12 699
After tax
18 597
15 876
19 000
18 801
Living cost
15 089
15 089
15 089
15 089
Free-cash
3 508
787
3 911
3 712

Estimated living cost  is ₴15089 per week

₴8751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1533
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.
₴4519
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
₴9092
₴8378
₴8839
₴9849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
social contributions
-
-
-
4 347
health
-
-
-
2 199
income
-
-
-
4 725
total
-
-
-
11 271
Employee
16 598
-
31 500
-
health
1 158
-
2 199
-
social contributions
2 291
-
4 347
-
income
2 768
-
6 196
-
total
6 217
-
12 742
-
Employer
16 598
-
31 500
-
total
-
-
-
-
Corporate
14 902
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%.

745
1 575
-
-
total
745
1 575
-
-
Dividends
14 157
29 925
-
-
health
988
2 088
-
-
social contributions
1 954
4 129
-
-
withholding
2 124
4 489
-
-
total
5 066
10 706
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 028
12 281
12 742
11 271
After tax
19 472
19 219
18 758
20 229
Living cost
10 380
10 380
10 380
10 380
Free-cash
9 092
8 839
8 378
9 849

Estimated living cost  is ₴10380 per week

₴6947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2554
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
-₴565
-₴5672
₴703
-₴75
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
2 410
surtax
-
-
-
97
income
-
-
-
2 864
chamber of commerce
-
-
-
126
pensions
-
-
-
5 827
unemployment
-
-
-
3 002
total
-
-
-
14 326
Employee
24 465
19 509
24 384
-
unemployment
734
585
731
-
pensions
2 505
1 997
2 497
-
health
947
755
944
-
income
2 785
1 439
2 762
-
other
244
195
243
-
total
7 215
4 971
7 177
-
Employer
24 465
19 509
24 384
-
chamber of commerce
98
78
98
-
pensions
3 070
2 449
3 060
-
other
1 162
926
1 158
-
health
924
738
922
-
unemployment
734
585
731
-
accident
318
254
317
-
surtax
97
97
97
-
payroll
734
585
731
-
total
7 137
5 712
7 114
-
Corporate
1 858
6 280
22 529
-
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.

464
1 570
5 632
-
total
464
1 570
5 632
-
Dividends
-
4 710
-
-
withholding
-
1 295
-
-
total
-
1 295
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 816
13 548
19 923
14 326
After tax
16 684
17 952
11 577
17 174
Living cost
17 249
17 249
17 249
17 249
Free-cash
-565
703
-5 672
-75

Estimated living cost  is ₴17249 per week

₴11504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴3990
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
-₴13708
-₴4550
-₴119
-₴1427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
social contributions
-
-
-
3 971
communal

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

-
-
-
1 652
national
-
-
-
9 455
total
-
-
-
15 078
Employee

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

35 017
-
24 398
-
unemployment

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

305
-
212
-
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.

2 626
-
1 830
-
national
10 765
-
6 637
-
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.

1 645
-
1 146
-
communal

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

1 826
-
1 273
-
total
17 167
-
11 098
-
Employer

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

35 017
-
24 398
-
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.

3 103
-
2 162
-
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.

2 153
-
1 500
-
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.

511
-
356
-
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.

455
-
318
-
surtax
3 970
-
2 767
-
total
10 192
-
7 103
-
Corporate
-
31 500
-
-
income
-
6 300
-
-
surtax
-
126
-
-
total
-
6 426
-
-
Dividends
-
25 073
-
-
withholding

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

-
7 344
-
-
total
-
7 344
-
-
Income
31 500
31 500
31 500
31 500
Total tax
27 359
13 770
18 201
15 078
After tax
4 141
17 730
13 299
16 422
Living cost
17 849
17 849
17 849
17 849
Free-cash
-13 708
-119
-4 550
-1 427

Estimated living cost  is ₴17849 per week

₴11497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴4512
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
-₴634
-₴317
₴3584
-₴539
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
-
-
-
283
income
-
-
-
4 911
pensions
-
-
-
8 914
other
-
-
-
32
unemployment
-
-
-
220
total
-
-
-
14 360
Employee
24 368
-
23 886
-
unemployment
378
-
371
-
pensions
1 145
-
1 122
-
income
5 141
-
5 007
-
other
24
-
24
-
total
6 688
-
6 524
-
Employer
24 368
-
23 886
-
pensions
5 750
-
5 637
-
other
194
-
190
-
unemployment
1 341
-
1 314
-
accident
482
-
473
-
total
7 767
-
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
-
5 512
-
-
total
-
5 512
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 455
10 237
14 138
14 360
After tax
17 045
21 263
17 362
17 140
Living cost
17 679
17 679
17 679
17 679
Free-cash
-634
3 584
-317
-539

Estimated living cost  is ₴17679 per week

₴13019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3151
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
-₴10001
-₴5440
-₴6920
-₴6055
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
-
-
-
283
health
-
-
-
2 363
income
-
-
-
1 599
surtax
-
-
-
1 667
pensions
-
-
-
5 040
communal
-
-
-
-
total
-
-
-
10 952
Employee
37 072
-
28 137
-
pensions
2 965
-
2 251
-
health
1 650
-
1 252
-
income
3 581
-
1 747
-
surtax
2 272
-
1 724
-
total
10 468
-
6 974
-
Employer
37 072
-
28 137
-
pensions
2 965
-
2 251
-
health
1 131
-
858
-
accident
334
-
254
-
total
4 430
-
3 363
-
Corporate
-
31 500
-
-
income
-
4 725
-
-
communal
-
2 126
-
-
surtax
-
331
-
-
total
-
7 182
-
-
Dividends
-
24 318
-
-
income
-
987
-
-
withholding
-
3 648
-
-
total
-
4 635
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 898
11 817
10 337
10 952
After tax
16 602
19 683
21 163
20 548
Living cost
26 603
26 603
26 603
26 603
Free-cash
-10 001
-6 920
-5 440
-6 055

Estimated living cost  is ₴26603 per week

₴19956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1612
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.
₴4753
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
₴7260
₴5839
₴8818
₴6526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
2 236
income
-
-
-
4 955
surtax
-
-
-
377
pensions
-
-
-
6 300
other
-
-
-
-
unemployment
-
-
-
111
total
-
-
-
13 979
Employee
16 486
-
26 022
-
unemployment
1 147
-
1 812
-
pensions
1 100
-
1 735
-
health
421
-
663
-
income
2 764
-
4 653
-
other
-
-
-
-
surtax
59
-
325
-
total
5 491
-
9 188
-
Employer
16 486
-
26 022
-
pensions
2 198
-
3 469
-
other
-
-
-
-
health
750
-
1 184
-
unemployment
523
-
825
-
total
3 471
-
5 478
-
Corporate
11 544
31 500
-
-
income
3 002
8 190
-
-
total
3 002
8 190
-
-
Dividends
8 542
23 310
-
-
withholding
1 281
3 497
-
-
total
1 281
3 497
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 245
11 687
14 666
13 979
After tax
18 255
19 813
16 834
17 521
Living cost
10 995
10 995
10 995
10 995
Free-cash
7 260
8 818
5 839
6 526

Estimated living cost  is ₴10995 per week

₴6638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3146
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
₴2283
₴2020
₴3371
₴3788
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
-
-
-
8 102
municipal
-
-
-
187
regional
-
-
-
475
national
-
-
-
5 761
total
-
-
-
14 525
Employee
27 155
-
31 500
-
regional
366
-
424
-
municipal
144
-
167
-
national
4 302
-
5 080
-
social contributions
9 157
-
10 622
-
total
13 969
-
16 293
-
Employer
27 155
-
31 500
-
total
-
-
-
-
Corporate
4 345
31 500
-
-
municipal
216
1 565
-
-
nationa
1 042
7 560
-
-
total
1 258
9 125
-
-
Dividends
3 087
22 375
-
-
withholding
803
5 817
-
-
total
803
5 817
-
-
Income
31 500
31 500
31 500
31 500
Total tax
16 030
14 942
16 293
14 525
After tax
15 470
16 558
15 207
16 975
Living cost
13 187
13 187
13 187
13 187
Free-cash
2 283
3 371
2 020
3 788

Estimated living cost  is ₴13187 per week

₴8201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
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.
₴3424
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
₴1389
₴1023
₴6726
₴381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
social contributions
-
-
-
9 198
health
-
-
-
4 252
income
-
-
-
2 707
solidarity contribution
-
-
-
-
total
-
-
-
16 157
Employee
22 003
-
23 507
-
solidarity contribution
-
-
-
-
health
2 970
-
3 173
-
social contributions
1 430
-
1 528
-
income
2 640
-
2 821
-
total
7 040
-
7 522
-
Employer
22 003
-
23 507
-
health
1 980
-
2 116
-
social contributions
5 501
-
5 877
-
total
7 481
-
7 993
-
Corporate
2 016
31 500
-
-
income
383
5 985
-
-
total
383
5 985
-
-
Dividends
1 633
25 515
-
-
withholding
245
3 827
-
-
total
245
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 149
9 812
15 515
16 157
After tax
16 351
21 688
15 985
15 343
Living cost
14 962
14 962
14 962
14 962
Free-cash
1 389
6 726
1 023
381

Estimated living cost  is ₴14962 per week

₴11127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴829
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.
₴2748
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
₴2144
-₴4022
₴2387
₴1653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
2 410
surtax
-
-
-
-
income
-
-
-
2 864
chamber of commerce
-
-
-
126
pensions
-
-
-
5 827
unemployment
-
-
-
3 002
total
-
-
-
14 229
Employee
21 399
19 509
24 460
-
unemployment
642
585
734
-
pensions
2 191
1 997
2 505
-
health
828
755
947
-
income
1 906
1 439
2 784
-
other
214
195
244
-
total
5 781
4 971
7 214
-
Employer
21 399
19 509
24 460
-
chamber of commerce
85
78
98
-
pensions
2 686
2 449
3 069
-
other
1 016
926
1 162
-
health
809
738
924
-
unemployment
642
585
734
-
accident
278
254
318
-
surtax
-
-
-
-
payroll
642
585
734
-
total
6 158
5 615
7 039
-
Corporate
3 943
6 377
22 603
-
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.

986
1 594
5 651
-
total
986
1 594
5 651
-
Dividends
2 957
4 783
-
-
withholding
813
1 315
-
-
total
813
1 315
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 738
13 495
19 904
14 229
After tax
17 762
18 005
11 596
17 271
Living cost
15 618
15 618
15 618
15 618
Free-cash
2 144
2 387
-4 022
1 653

Estimated living cost  is ₴15618 per week

₴9369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1595
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.
₴4375
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
₴22436
₴18894
₴23619
₴24879
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
7 883
-
31 500
-
income
1 577
-
6 300
-
total
1 577
-
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%.

23 617
31 500
-
-
total
-
-
-
-
Dividends
23 617
31 500
-
-
withholding
1 181
1 575
-
-
total
1 181
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
2 758
1 575
6 300
315
After tax
28 742
29 925
25 200
31 185
Living cost
6 306
6 306
6 306
6 306
Free-cash
22 436
23 619
18 894
24 879

Estimated living cost  is ₴6306 per week

₴4267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴4462
₴3029
₴8558
₴3933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
31 500
health
-
-
-
3 100
income
-
-
-
5 538
pensions
-
-
-
5 752
unemployment
-
-
-
47
total
-
-
-
14 437
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.

21 647
-
27 255
-
unemployment
31
-
38
-
pensions
3 355
-
4 225
-
health
1 398
-
1 760
-
income
3 733
-
5 073
-
total
8 517
-
11 096
-
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.

21 647
-
27 255
-
pensions
1 916
-
2 413
-
health
1 442
-
1 815
-
unemployment
13
-
17
-
total
3 371
-
4 245
-
Corporate
6 482
31 500
-
-
income
1 232
5 985
-
-
total
1 232
5 985
-
-
Dividends
5 251
25 515
-
-
withholding
788
3 827
-
-
total
788
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 908
9 812
15 341
14 437
After tax
17 592
21 688
16 159
17 063
Living cost
13 130
13 130
13 130
13 130
Free-cash
4 462
8 558
3 029
3 933

Estimated living cost  is ₴13130 per week

₴9011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3024
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
-₴41582
₴3903
-₴1984
₴620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
social contributions
-
-
-
3 591
income
-
-
-
6 140
total
-
-
-
9 731
Employee
30 324
-
-
-
social contributions
2 487
-
354
-
income
6 689
-
-
-
total
9 176
-
354
-
Employer
30 324
-
-
-
social contributions
42 757
-
6 094
-
total
42 757
-
6 094
-
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
51 933
12 335
6 448
9 731
After tax
-20 433
19 165
25 052
21 769
Living cost
21 149
21 149
21 149
21 149
Free-cash
-41 582
-1 984
3 903
620

Estimated living cost  is ₴21149 per week

₴13722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴2070
₴1700
₴2563
₴2692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
31 500
social contributions

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

-
-
-
10 946
income
-
-
-
2 507
surtax
-
-
-
-
total
-
-
-
13 453
Employee
22 515
-
25 454
-
social contributions
2 477
-
2 800
-
income
4 683
-
5 599
-
surtax
-
-
-
-
total
7 160
-
8 399
-
Employer
22 515
-
25 454
-
social contributions
5 347
-
6 046
-
total
5 347
-
6 046
-
Corporate
3 638
31 500
-
-
income
764
6 615
-
-
surtax
-
-
-
-
total
764
6 615
-
-
Dividends
2 874
24 885
-
-
withholding
804
6 967
-
-
total
804
6 967
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 075
13 582
14 445
13 453
After tax
17 425
17 918
17 055
18 047
Living cost
15 355
15 355
15 355
15 355
Free-cash
2 070
2 563
1 700
2 692

Estimated living cost  is ₴15355 per week

₴11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2704
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
-₴8736
-₴4644
-₴7768
-₴4843
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
-
-
-
898
health
-
-
-
272
income
-
-
-
1 578
surtax
-
-
-
-
pensions
-
-
-
8 975
other
-
-
-
976
total
-
-
-
12 699
Employee
30 660
-
24 003
-
pensions
3 468
-
2 714
-
social contributions
873
-
684
-
income
2 675
-
1 605
-
surtax
-
-
-
-
total
7 016
-
5 003
-
Employer
30 660
-
24 003
-
pensions
5 038
-
3 944
-
other
1 058
-
828
-
health
2 146
-
1 681
-
unemployment
1 242
-
972
-
social contributions
92
-
72
-
total
9 576
-
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
16 592
15 624
12 500
12 699
After tax
14 908
15 876
19 000
18 801
Living cost
23 644
23 644
23 644
23 644
Free-cash
-8 736
-7 768
-4 644
-4 843

Estimated living cost  is ₴23644 per week

₴16002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5383
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
₴11990
₴10625
₴13635
₴9742
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
-
-
-
6 930
income
-
-
-
113
total
-
-
-
7 043
Employee
15 738
-
27 273
-
social contributions
1 023
-
1 773
-
income
-
-
160
-
total
1 023
-
1 933
-
Employer
15 738
-
27 273
-
social contributions
2 440
-
4 227
-
total
2 440
-
4 227
-
Corporate
13 323
31 500
-
-
income
1 332
3 150
-
-
total
1 332
3 150
-
-
Dividends
11 990
28 350
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
4 795
3 150
6 160
7 043
After tax
26 705
28 350
25 340
24 457
Living cost
14 715
14 715
14 715
14 715
Free-cash
11 990
13 635
10 625
9 742

Estimated living cost  is ₴14715 per week

₴9515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3814
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
-₴75094
-₴75094
-₴75094
-₴3334
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
municipal
-
-
-
5 287
pensions
-
-
-
424
labour market
-
-
-
2 486
national
-
-
-
3 075
total
-
-
-
11 272
Employee
99 448
99 448
99 448
-
pensions
141
141
141
-
municipal
21 177
21 177
21 177
-
national
12 149
12 149
12 149
-
labour market
7 944
7 944
7 944
-
total
41 411
41 411
41 411
-
Employer
99 448
99 448
99 448
-
municipal
21 211
21 211
21 211
-
pensions
283
283
283
-
national
12 171
12 171
12 171
-
labour market
7 956
7 956
7 956
-
total
41 621
41 621
41 621
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
83 032
83 032
83 032
11 272
After tax
-51 532
-51 532
-51 532
20 228
Living cost
23 562
23 562
23 562
23 562
Free-cash
-75 094
-75 094
-75 094
-3 334

Estimated living cost  is ₴23562 per week

₴16126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴362
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.
₴4989
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
₴907
₴5684
-₴8175
₴11009
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
-
-
-
125
health
-
-
-
1 079
income
-
-
-
6 319
pensions
-
-
-
2 059
other
-
-
-
183
total
-
-
-
9 765
Employee
16 873
-
26 167
-
pensions
1 900
-
2 947
-
health
1 932
-
2 996
-
income
2 315
-
3 814
-
total
6 147
-
9 757
-
Employer
16 873
-
26 167
-
pensions
2 743
-
4 255
-
unemployment
413
-
641
-
accident
282
-
437
-
total
3 438
-
5 333
-
Corporate
11 188
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.

10 069
28 350
-
-
total
10 069
28 350
-
-
Dividends
1 119
3 150
-
-
withholding
213
599
-
-
total
213
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 867
28 949
15 090
9 765
After tax
11 633
2 551
16 410
21 735
Living cost
10 726
10 726
10 726
10 726
Free-cash
907
-8 175
5 684
11 009

Estimated living cost  is ₴10726 per week

₴7807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2106
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
₴614
₴511
₴2851
₴5161
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
-
-
-
281
municipal
-
-
-
5 619
national
-
-
-
1 645
total
-
-
-
7 545
Employee
25 755
-
26 499
-
unemployment
386
-
398
-
pensions
1 738
-
1 788
-
municipal
4 219
-
4 340
-
national
425
-
465
-
health
192
-
203
-
total
6 960
-
7 194
-
Employer
25 755
-
26 499
-
pensions
4 468
-
4 598
-
health
198
-
204
-
unemployment
167
-
172
-
accident
26
-
27
-
total
4 859
-
5 001
-
Corporate
885
31 500
-
-
income
177
6 300
-
-
total
177
6 300
-
-
Dividends

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

531
18 900
-
-
national
-
153
-
-
municipal
96
3 402
-
-
total
96
3 555
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 092
9 855
12 195
7 545
After tax
19 408
21 645
19 305
23 955
Living cost
18 794
18 794
18 794
18 794
Free-cash
614
2 851
511
5 161

Estimated living cost  is ₴18794 per week

₴12276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

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
₴9159
₴10647
₴9096
₴12914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
social contributions
-
-
-
4 914
health
-
-
-
804
income
-
-
-
1 534
total
-
-
-
7 252
Employee
37 643
37 643
37 643
-
health
292
640
486
-
social contributions
1 423
3 124
2 374
-
income
4 099
3 485
3 756
-
total
5 814
7 249
6 616
-
Employer
37 643
37 643
37 643
-
health
317
697
529
-
social contributions
1 423
3 124
2 374
-
total
1 740
3 821
2 903
-
Corporate
12 612
-
-
-
income
1 576
-
-
-
total
1 576
-
-
-
Dividends
11 036
-
-
-
withholding
1 877
-
-
-
total
1 877
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 007
11 070
9 519
7 252
After tax
20 493
20 430
21 981
24 248
Living cost
11 334
11 334
11 334
11 334
Free-cash
9 159
9 096
10 647
12 914

Estimated living cost  is ₴11334 per week

₴6793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1112
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.
₴3179
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
₴15822
₴11717
₴18313
₴16075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
31 500
health
-
-
-
1 772
income
-
-
-
2 753
pensions
-
-
-
3 114
unemployment
-
-
-
14
total
-
-
-
7 653
Employee

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

11 236
-
28 558
-
unemployment
56
-
143
-
pensions
1 685
-
4 284
-
health
955
-
2 427
-
income
768
-
2 215
-
total
3 464
-
9 069
-
Employer

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

11 236
-
28 558
-
pensions
618
-
1 571
-
health
483
-
1 228
-
unemployment
56
-
143
-
total
1 157
-
2 942
-
Corporate
19 107
31 500
-
-
income
1 720
2 835
-
-
total
1 720
2 835
-
-
Dividends
17 387
28 665
-
-
withholding
1 565
2 580
-
-
total
1 565
2 580
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 906
5 415
12 011
7 653
After tax
23 594
26 085
19 489
23 847
Living cost
7 772
7 772
7 772
7 772
Free-cash
15 822
18 313
11 717
16 075

Estimated living cost  is ₴7772 per week

₴4959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴2021
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
₴5232
₴3900
₴7801
₴3678
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
-
-
-
283
income
-
-
-
4 911
pensions
-
-
-
8 914
other
-
-
-
32
unemployment
-
-
-
220
total
-
-
-
14 360
Employee
18 101
-
23 886
-
unemployment
281
-
371
-
pensions
851
-
1 122
-
income
3 490
-
5 007
-
other
18
-
24
-
total
4 640
-
6 524
-
Employer
18 101
-
23 886
-
pensions
4 271
-
5 637
-
other
145
-
190
-
unemployment
996
-
1 314
-
accident
359
-
473
-
total
5 771
-
7 614
-
Corporate
7 628
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.

1 145
4 725
-
-
total
1 145
4 725
-
-
Dividends
6 484
26 775
-
-
withholding
1 250
5 512
-
-
total
1 250
5 512
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 806
10 237
14 138
14 360
After tax
18 694
21 263
17 362
17 140
Living cost
13 462
13 462
13 462
13 462
Free-cash
5 232
7 801
3 900
3 678

Estimated living cost  is ₴13462 per week

₴9086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2845
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
₴18535
₴18879
₴18693
₴18947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
509
income
-
-
-
10 379
pensions
-
-
-
702
total
-
-
-
11 590
Employee
1 466
-
30 710
-
unemployment
15
-
35
-
pensions
132
-
316
-
health
73
-
176
-
income
284
-
10 342
-
total
504
-
10 869
-
Employer
1 466
-
30 710
-
pensions
161
-
386
-
health
139
-
333
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
29 704
31 500
-
-
income
6 535
6 930
-
-
total
6 535
6 930
-
-
Dividends
23 169
24 570
-
-
withholding
4 634
4 914
-
-
total
4 634
4 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 002
11 844
11 658
11 590
After tax
19 498
19 656
19 842
19 910
Living cost
963
963
963
963
Free-cash
18 535
18 693
18 879
18 947

Estimated living cost  is ₴963 per week

₴572
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
₴11888
₴8385
₴14296
₴7029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
31 500
health
-
-
-
3 244
income
-
-
-
4 102
pensions
-
-
-
8 190
unemployment
-
-
-
472
total
-
-
-
16 008
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.

12 762
-
26 718
-
unemployment
96
-
200
-
pensions
1 787
-
3 740
-
health
657
-
1 376
-
income
1 759
-
4 554
-
total
4 299
-
9 870
-
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.

12 762
-
26 718
-
pensions
1 531
-
3 206
-
health
657
-
1 376
-
unemployment
96
-
200
-
total
2 284
-
4 782
-
Corporate
16 453
31 500
-
-
income
2 468
4 725
-
-
total
2 468
4 725
-
-
Dividends
13 985
26 775
-
-
withholding
2 098
4 016
-
-
total
2 098
4 016
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 149
8 741
14 652
16 008
After tax
20 351
22 759
16 848
15 492
Living cost
8 463
8 463
8 463
8 463
Free-cash
11 888
14 296
8 385
7 029

Estimated living cost  is ₴8463 per week

₴5698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴655
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.
₴1865
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
₴4544
₴3858
₴4721
₴4850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
31 500
social contributions

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

-
-
-
10 946
income
-
-
-
2 507
surtax
-
-
-
-
total
-
-
-
13 453
Employee
19 000
-
25 454
-
social contributions
2 090
-
2 800
-
income
3 712
-
5 599
-
surtax
-
-
-
-
total
5 802
-
8 399
-
Employer
19 000
-
25 454
-
social contributions
4 512
-
6 046
-
total
4 512
-
6 046
-
Corporate
7 988
31 500
-
-
income
1 678
6 615
-
-
surtax
-
-
-
-
total
1 678
6 615
-
-
Dividends
6 310
24 885
-
-
withholding
1 767
6 967
-
-
total
1 767
6 967
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 759
13 582
14 445
13 453
After tax
17 741
17 918
17 055
18 047
Living cost
13 197
13 197
13 197
13 197
Free-cash
4 544
4 721
3 858
4 850

Estimated living cost  is ₴13197 per week

₴9347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴917
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.
₴2700
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
₴220
₴158
₴4059
-₴64
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
-
-
-
283
income
-
-
-
4 911
pensions
-
-
-
8 914
other
-
-
-
32
unemployment
-
-
-
220
total
-
-
-
14 360
Employee
23 642
-
23 886
-
unemployment
366
-
371
-
pensions
1 111
-
1 122
-
income
4 938
-
5 007
-
other
23
-
24
-
total
6 438
-
6 524
-
Employer
23 642
-
23 886
-
pensions
5 579
-
5 637
-
other
190
-
190
-
unemployment
1 301
-
1 314
-
accident
468
-
473
-
total
7 538
-
7 614
-
Corporate
320
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.

48
4 725
-
-
total
48
4 725
-
-
Dividends
272
26 775
-
-
withholding
52
5 512
-
-
total
52
5 512
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 076
10 237
14 138
14 360
After tax
17 424
21 263
17 362
17 140
Living cost
17 204
17 204
17 204
17 204
Free-cash
220
4 059
158
-64

Estimated living cost  is ₴17204 per week

₴12355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3269
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
₴15528
₴14433
₴18512
₴13789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
health
-
-
-
1 966
income
-
-
-
4 725
pensions

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

-
-
-
2 531
unemployment
-
-
-
68
total
-
-
-
9 290
Employee
11 151
-
28 145
-
accident

We are using the highest rate at 1.1%.

123
-
188
-
pensions

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

979
-
1 501
-
health
513
-
787
-
income
1 115
-
2 815
-
total
2 730
-
5 291
-
Employer
11 151
-
28 145
-
pensions

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

1 229
-
1 884
-
health
769
-
1 180
-
unemployment
67
-
103
-
accident

We are using the highest rate at 1.1%.

123
-
188
-
total
2 188
-
3 355
-
Corporate
18 161
31 500
-
-
income
1 816
3 150
-
-
total
1 816
3 150
-
-
Dividends
16 345
28 350
-
-
withholding
817
1 417
-
-
total
817
1 417
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 551
4 567
8 646
9 290
After tax
23 949
26 933
22 854
22 210
Living cost
8 421
8 421
8 421
8 421
Free-cash
15 528
18 512
14 433
13 789

Estimated living cost  is ₴8421 per week

₴5570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2169
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
₴3804
₴4939
-₴2599
₴3685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
31 500
health

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

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

-
-
-
3 344
trade
-
-
-
1 254
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.

-
-
-
4 092
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.

-
-
-
225
total
-
-
-
8 915
Employee

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

24 357
-
31 500
-
health

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

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

3 344
-
3 344
-
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.

2 003
-
4 092
-
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
-
225
-
total
5 458
-
7 661
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 143
31 500
-
-
income
1 071
4 725
-
-
chamber of commerce
85
121
-
-
surtax

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

59
260
-
-
trade
1 025
4 520
-
-
total
2 240
9 626
-
-
Dividends
4 904
21 874
-
-
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.

58
291
-
-
withholding
1 040
5 282
-
-
total
1 098
5 573
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 796
15 199
7 661
8 915
After tax
22 704
16 301
23 839
22 585
Living cost
18 900
18 900
18 900
18 900
Free-cash
3 804
-2 599
4 939
3 685

Estimated living cost  is ₴18900 per week

₴13037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2034
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.
₴3554
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
-₴6793
-₴3588
-₴5837
-₴3588
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
-
-
-
2 434
income
-
-
-
4 768
total
-
-
-
7 202
Employee
38 292
-
31 500
-
social contributions
3 181
-
2 434
-
income
7 226
-
4 768
-
total
10 407
-
7 202
-
Employer
38 292
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
income
-
3 938
-
-
total
-
3 938
-
-
Dividends
-
27 562
-
-
withholding
-
5 513
-
-
total
-
5 513
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 407
9 451
7 202
7 202
After tax
21 093
22 049
24 298
24 298
Living cost
27 886
27 886
27 886
27 886
Free-cash
-6 793
-5 837
-3 588
-3 588

Estimated living cost  is ₴27886 per week

₴21215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2272
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.
₴4132
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
₴2955
₴5092
₴119
-₴3248
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
-
-
-
13 935
health

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

-
-
-
3 043
total
-
-
-
16 978
Employee
22 457
-
29 248
-
social contributions
2 250
-
2 252
-
income
2 437
-
4 134
-
total
4 687
-
6 386
-
Employer
22 457
-
29 248
-
social contributions
2 250
-
2 252
-
total
2 250
-
2 252
-
Corporate
6 793
31 500
-
-
income
2 377
11 025
-
-
total
2 377
11 025
-
-
Dividends
4 416
20 475
-
-
social contributions
1 461
2 586
-
-
total
1 461
2 586
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 775
13 611
8 638
16 978
After tax
20 725
17 889
22 862
14 522
Living cost
17 770
17 770
17 770
17 770
Free-cash
2 955
119
5 092
-3 248

Estimated living cost  is ₴17770 per week

₴11705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴3109
₴2466
₴5813
₴5782
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
-
-
-
5 893
pensions
-
-
-
2 036
total
-
-
-
7 929
Employee
24 418
-
28 006
-
pensions
1 864
-
2 294
-
health
319
-
392
-
income
4 447
-
5 064
-
total
6 630
-
7 750
-
Employer
24 418
-
28 006
-
pensions
2 467
-
2 962
-
health
464
-
533
-
total
2 931
-
3 495
-
Corporate
4 151
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.

789
5 985
-
-
total
789
5 985
-
-
Dividends
3 362
25 515
-
-
withholding
252
1 913
-
-
total
252
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 602
7 898
11 245
7 929
After tax
20 898
23 602
20 255
23 571
Living cost
17 789
17 789
17 789
17 789
Free-cash
3 109
5 813
2 466
5 782

Estimated living cost  is ₴17789 per week

₴12203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3726
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
₴744
₴4622
-₴9237
₴9947
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
-
-
-
125
health
-
-
-
1 079
income
-
-
-
6 319
pensions
-
-
-
2 059
other
-
-
-
183
total
-
-
-
9 765
Employee
18 543
-
26 167
-
pensions
2 088
-
2 947
-
health
2 123
-
2 996
-
income
2 544
-
3 814
-
total
6 755
-
9 757
-
Employer
18 543
-
26 167
-
pensions
3 015
-
4 255
-
unemployment
454
-
641
-
accident
310
-
437
-
total
3 779
-
5 333
-
Corporate
9 178
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.

8 260
28 350
-
-
total
8 260
28 350
-
-
Dividends
918
3 150
-
-
withholding
174
599
-
-
total
174
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 968
28 949
15 090
9 765
After tax
12 532
2 551
16 410
21 735
Living cost
11 788
11 788
11 788
11 788
Free-cash
744
-9 237
4 622
9 947

Estimated living cost  is ₴11788 per week

₴8651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2213
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
₴17774
₴11854
₴20157
₴11854
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
-
-
-
4 365
health insurance
-
-
-
2 331
pensions
-
-
-
5 796
unemployment
-
-
-
378
work injury
-
-
-
158
total
-
-
-
13 028
Employee

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

10 589
-
31 500
-
unemployment
127
-
378
-
pensions
1 948
-
5 796
-
work injury
53
-
158
-
income
1 059
-
4 365
-
health insurance
784
-
2 331
-
total
3 971
-
13 028
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 911
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
20 911
31 500
-
-
withholding
3 137
4 725
-
-
total
3 137
4 725
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 108
4 725
13 028
13 028
After tax
24 392
26 775
18 472
18 472
Living cost
6 618
6 618
6 618
6 618
Free-cash
17 774
20 157
11 854
11 854

Estimated living cost  is ₴6618 per week

₴4100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1831
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
-₴9752
-₴4323
-₴2909
-₴2575
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
-
-
-
8 102
municipal
-
-
-
211
regional
-
-
-
499
national
-
-
-
5 761
total
-
-
-
14 573
Employee
41 251
-
31 500
-
regional
623
-
431
-
municipal
246
-
188
-
national
6 971
-
5 080
-
social contributions
13 910
-
10 622
-
total
21 750
-
16 321
-
Employer
41 251
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
municipal
-
1 518
-
-
nationa
-
7 560
-
-
total
-
9 078
-
-
Dividends
-
22 422
-
-
withholding
-
5 829
-
-
total
-
5 829
-
-
Income
31 500
31 500
31 500
31 500
Total tax
21 750
14 907
16 321
14 573
After tax
9 750
16 593
15 179
16 927
Living cost
19 502
19 502
19 502
19 502
Free-cash
-9 752
-2 909
-4 323
-2 575

Estimated living cost  is ₴19502 per week

₴13699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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