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
₴ 32000
per

Your estimated
City
free-cash

Dresden , Germany
₴3238
₴7974
₴8916
₴10819
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.

-
-
-
32 000
trade
-
-
-
1 903
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.

-
-
-
5 006
health

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

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

-
-
-
2 926
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.

-
-
-
276
total
-
-
-
10 111
Employee

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

16 381
-
32 000
-
health

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

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

2 926
-
2 926
-
surtax

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

25
-
276
-
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.

458
-
5 006
-
total
3 409
-
8 208
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 619
32 000
-
-
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.

129
264
-
-
income
2 343
4 800
-
-
trade
2 460
5 040
-
-
chamber of commerce
88
111
-
-
total
5 020
10 215
-
-
Dividends
10 598
21 784
-
-
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.

137
291
-
-
withholding
2 487
5 283
-
-
total
2 624
5 574
-
-
Income
32 000
32 000
32 000
32 000
Total tax
11 053
15 789
8 208
10 111
After tax
20 947
16 211
23 792
21 889
Living cost
12 973
12 973
12 973
12 973
Free-cash
7 974
3 238
10 819
8 916

Estimated living cost  is ₴12973 per week

₴8160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
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.
₴3058
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
-₴1673
-₴4593
-₴1983
-₴1732
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
-
-
-
32 000
municipal
-
-
-
3 200
pensions
-
-
-
3 840
national
-
-
-
4 958
social contributions
-
-
-
344
total
-
-
-
12 342
Employee
33 548
-
27 664
-
municipal
4 144
-
3 324
-
pensions
1 342
-
1 107
-
national
6 421
-
5 150
-
total
11 907
-
9 581
-
Employer
33 548
-
27 664
-
social contributions
361
-
297
-
pensions
2 684
-
2 213
-
total
3 045
-
2 510
-
Corporate
-
32 000
-
-
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%.

-
6 400
-
-
total
-
6 400
-
-
Dividends
-
25 600
-
-
withholding
-
5 632
-
-
total
-
5 632
-
-
Income
32 000
32 000
32 000
32 000
Total tax
14 952
12 032
12 091
12 342
After tax
17 048
19 968
19 909
19 658
Living cost
21 641
21 641
21 641
21 641
Free-cash
-4 593
-1 673
-1 732
-1 983

Estimated living cost  is ₴21641 per week

₴14709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
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.
₴4596
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
₴16690
₴13176
₴16942
₴9250
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.

-
-
-
32 000
microenterprise
-
-
-
4 800
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 348
total
-
-
-
6 148
Employee
12 515
-
25 787
-
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.

1 377
-
2 837
-
surtax
-
-
-
-
income
2 228
-
4 791
-
total
3 605
-
7 628
-
Employer
12 515
-
25 787
-
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.

3 015
-
6 212
-
surtax
-
-
-
-
total
3 015
-
6 212
-
Corporate
16 471
32 000
-
-
income

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

3 294
6 400
-
-
total
3 294
6 400
-
-
Dividends

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

13 177
25 600
-
-
total
-
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
9 914
6 400
13 840
6 148
After tax
22 086
25 600
18 160
25 852
Living cost
8 910
8 910
8 910
8 910
Free-cash
13 176
16 690
9 250
16 942

Estimated living cost  is ₴8910 per week

₴5684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
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
-₴8127
-₴10531
₴283
-₴10531
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
-
-
-
32 000
income
-
-
-
4 243
pensions
-
-
-
5 018
health
-
-
-
4 514
total
-
-
-
13 775
Employee
36 574
36 574
36 574
-
health
5 614
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
6 583
5 018
6 583
-
total
18 184
15 780
18 184
-
Employer
36 574
36 574
36 574
-
unemployment
1 317
1 317
1 317
-
pensions
2 546
2 546
2 546
-
health
2 542
2 542
2 542
-
total
6 405
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
24 589
22 185
24 589
13 775
After tax
7 411
9 815
7 411
18 225
Living cost
17 942
17 942
17 942
17 942
Free-cash
-10 531
-8 127
-10 531
283

Estimated living cost  is ₴17942 per week

₴12715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
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.
₴3324
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
₴924
₴553
-₴596
₴541
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
-
-
-
32 000
municipal
-
-
-
6 778
accident
-
-
-
64
pensions
-
-
-
3 459
other
-
-
-
3 718
unemployment
-
-
-
32
health
-
-
-
1 997
national
-
-
-
-
total
-
-
-
16 048
Employee
23 579
-
24 349
-
municipal
7 031
-
7 261
-
national
-
-
-
-
total
7 031
-
7 261
-
Employer
23 579
-
24 349
-
accident
47
-
49
-
other
2 740
-
2 829
-
unemployment
622
-
643
-
pensions
2 549
-
2 632
-
health
1 450
-
1 497
-
total
7 408
-
7 650
-
Corporate
1 012
32 000
-
-
income
223
7 040
-
-
total
223
7 040
-
-
Dividends
790
24 960
-
-
withholding
237
7 488
-
-
total
237
7 488
-
-
Income
32 000
32 000
32 000
32 000
Total tax
14 899
14 528
14 911
16 048
After tax
17 101
17 472
17 089
15 952
Living cost
16 548
16 548
16 548
16 548
Free-cash
553
924
541
-596

Estimated living cost  is ₴16548 per week

₴10967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
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.
₴3706
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
-₴780
₴5240
₴4979
₴6967
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.

-
-
-
32 000
trade
-
-
-
1 988
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.

-
-
-
5 006
health

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

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

-
-
-
2 926
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.

-
-
-
276
total
-
-
-
10 196
Employee

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

21 719
-
32 000
-
health

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

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

2 926
-
2 926
-
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.

102
-
276
-
income

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

1 866
-
5 006
-
total
4 894
-
8 208
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 281
32 000
-
-
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.

85
264
-
-
income
1 542
4 800
-
-
trade
1 691
5 264
-
-
chamber of commerce
80
111
-
-
total
3 398
10 439
-
-
Dividends
6 883
21 561
-
-
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.

85
288
-
-
withholding
1 558
5 228
-
-
total
1 643
5 516
-
-
Income
32 000
32 000
32 000
32 000
Total tax
9 935
15 955
8 208
10 196
After tax
22 065
16 045
23 792
21 804
Living cost
16 825
16 825
16 825
16 825
Free-cash
5 240
-780
6 967
4 979

Estimated living cost  is ₴16825 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
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.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴8423
₴7818
₴10060
₴9090
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
-
-
-
32 000
income
-
-
-
2 240
health
-
-
-
816
social contributions
-
-
-
4 992
total
-
-
-
8 048
Employee
32 933
32 933
32 933
-
social contributions
1 600
2 733
2 411
-
health
328
560
494
-
income
3 458
3 049
3 165
-
total
5 386
6 342
6 070
-
Employer
32 933
32 933
32 933
-
social contributions
1 600
2 733
2 411
-
health
357
610
537
-
total
1 957
3 343
2 948
-
Corporate
10 765
-
-
-
income
1 346
-
-
-
total
1 346
-
-
-
Dividends
9 419
-
-
-
withholding
1 601
-
-
-
total
1 601
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
10 290
9 685
9 018
8 048
After tax
21 710
22 315
22 982
23 952
Living cost
13 892
13 892
13 892
13 892
Free-cash
7 818
8 423
9 090
10 060

Estimated living cost  is ₴13892 per week

₴9496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3077
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
₴10285
₴10449
₴14386
₴10768
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
-
-
-
32 000
income
-
-
-
3 912
pensions
-
-
-
3 200
unemployment
-
-
-
480
health
-
-
-
2 240
total
-
-
-
9 832
Employee

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

The minimum wage is 138,000 HUF per month.

11 233
4 471
26 778
-
health
786
313
1 874
-
income
1 373
547
3 274
-
pensions
1 123
447
2 678
-
unemployment
168
67
402
-
total
3 450
1 374
8 228
-
Employer

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

The minimum wage is 138,000 HUF per month.

11 233
4 471
26 778
-
pensions
2 190
872
5 222
-
total
2 190
872
5 222
-
Corporate
18 577
26 658
-
-
income
1 672
2 399
-
-
total
1 672
2 399
-
-
Dividends
16 905
24 259
-
-
social contributions
3 245
4 679
-
-
withholding
3 212
4 609
-
-
total
6 457
9 288
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 769
13 933
13 450
9 832
After tax
18 231
18 067
18 550
22 168
Living cost
7 782
7 782
7 782
7 782
Free-cash
10 449
10 285
10 768
14 386

Estimated living cost  is ₴7782 per week

₴5310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1679
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
₴15255
₴12594
₴6807
₴8099
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
-
-
-
32 000
income
-
-
-
4 288
pensions
-
-
-
6 400
health
-
-
-
4 160
total
-
-
-
14 848
Employee
12 150
-
23 916
-
income
1 368
-
4 611
-
pensions
243
-
479
-
unemployment
194
-
383
-
total
1 805
-
5 473
-
Employer
12 150
-
23 916
-
unemployment
98
-
191
-
pensions
2 430
-
4 783
-
health
1 579
-
3 109
-
total
4 107
-
8 083
-
Corporate
15 743
32 000
-
-
income
3 149
6 400
-
-
total
3 149
6 400
-
-
Dividends
12 595
25 600
-
-
total
-
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
9 061
6 400
13 556
14 848
After tax
22 939
25 600
18 444
17 152
Living cost
10 345
10 345
10 345
10 345
Free-cash
12 594
15 255
8 099
6 807

Estimated living cost  is ₴10345 per week

₴7095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2425
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
-₴6775
₴1156
₴12662
₴6891
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
-
-
-
32 000
accident
-
-
-
108
income
-
-
-
7 004
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
9 971
Employee
14 735
-
26 582
-
health
1 687
-
3 044
-
income
2 022
-
4 288
-
pensions
1 659
-
2 993
-
total
5 368
-
10 325
-
Employer
14 735
-
26 582
-
accident
246
-
444
-
unemployment
361
-
651
-
pensions
2 396
-
4 322
-
total
3 003
-
5 417
-
Corporate
14 262
32 000
-
-
income

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

12 835
28 800
-
-
total
12 835
28 800
-
-
Dividends
1 426
3 200
-
-
withholding
271
608
-
-
total
271
608
-
-
Income
32 000
32 000
32 000
32 000
Total tax
21 477
29 408
15 742
9 971
After tax
10 523
2 592
16 258
22 029
Living cost
9 367
9 367
9 367
9 367
Free-cash
1 156
-6 775
6 891
12 662

Estimated living cost  is ₴9367 per week

₴6865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴1788
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
₴26546
₴25824
₴27827
₴21746
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%.

-
-
-
32 000
microenterprise

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

-
-
-
320
total
-
-
-
320
Employee
4 817
-
32 000
-
income
963
-
6 400
-
total
963
-
6 400
-
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%.

27 183
32 000
-
-
total
-
-
-
-
Dividends
27 183
32 000
-
-
withholding
1 359
1 600
-
-
total
1 359
1 600
-
-
Income
32 000
32 000
32 000
32 000
Total tax
2 322
1 600
6 400
320
After tax
29 678
30 400
25 600
31 680
Living cost
3 854
3 854
3 854
3 854
Free-cash
25 824
26 546
21 746
27 827

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1039
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
₴12099
₴9206
₴5915
₴7346
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
-
-
-
32 000
income
-
-
-
4 065
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.

-
-
-
7 680
other
-
-
-
1 520
health
-
-
-
1 408
total
-
-
-
14 673
Employee
15 551
-
25 559
-
health
218
-
358
-
income
2 677
-
4 399
-
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.

1 088
-
1 789
-
unemployment
155
-
255
-
total
4 138
-
6 801
-
Employer
15 551
-
25 559
-
accident
124
-
205
-
other
778
-
1 278
-
unemployment
155
-
255
-
pensions

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

2 644
-
4 345
-
health
218
-
358
-
total
3 919
-
6 441
-
Corporate
12 530
32 000
-
-
income
2 632
6 720
-
-
total
2 632
6 720
-
-
Dividends
9 898
25 280
-
-
withholding
693
1 769
-
-
total
693
1 769
-
-
Income
32 000
32 000
32 000
32 000
Total tax
11 382
8 489
13 242
14 673
After tax
20 618
23 511
18 758
17 327
Living cost
11 412
11 412
11 412
11 412
Free-cash
9 206
12 099
7 346
5 915

Estimated living cost  is ₴11412 per week

₴8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2394
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
-₴4767
-₴14241
-₴4874
-₴8349
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
-
-
-
32 000
income
-
-
-
5 968
pensions
-
-
-
2 163
total
-
-
-
8 131
Employee
40 666
-
28 359
-
health
670
-
418
-
income
7 331
-
5 099
-
pensions
3 923
-
2 447
-
total
11 924
-
7 964
-
Employer
40 666
-
28 359
-
pensions
4 802
-
3 103
-
health
772
-
539
-
total
5 574
-
3 642
-
Corporate
-
32 000
-
-
income

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

-
6 080
-
-
total
-
6 080
-
-
Dividends
-
25 920
-
-
withholding
-
1 944
-
-
total
-
1 944
-
-
Income
32 000
32 000
32 000
32 000
Total tax
17 498
8 024
11 606
8 131
After tax
14 502
23 976
20 394
23 869
Living cost
28 743
28 743
28 743
28 743
Free-cash
-14 241
-4 767
-8 349
-4 874

Estimated living cost  is ₴28743 per week

₴21537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
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.
₴3595
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
₴21741
₴19750
₴17583
₴18369
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
-
-
-
32 000
income
-
-
-
4 800
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
8 798
Employee
7 440
-
29 063
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
2 906
-
pensions

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

653
-
1 314
-
total
1 821
-
5 074
-
Employer
7 440
-
29 063
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
23 100
32 000
-
-
income
2 310
3 200
-
-
total
2 310
3 200
-
-
Dividends
20 790
28 800
-
-
withholding
1 040
1 440
-
-
total
1 040
1 440
-
-
Income
32 000
32 000
32 000
32 000
Total tax
6 631
4 640
8 012
8 798
After tax
25 369
27 360
23 988
23 202
Living cost
5 619
5 619
5 619
5 619
Free-cash
19 750
21 741
18 369
17 583

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1789
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
-₴13934
-₴14660
-₴5524
-₴16338
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
-
-
-
32 000
income
-
-
-
4 243
pensions
-
-
-
5 018
health
-
-
-
4 514
total
-
-
-
13 775
Employee
39 708
36 574
36 574
-
health
4 954
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
5 018
5 018
6 583
-
total
15 959
15 780
18 184
-
Employer
39 708
36 574
36 574
-
unemployment
1 430
1 317
1 317
-
pensions
2 763
2 546
2 546
-
health
2 759
2 542
2 542
-
total
6 952
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
22 911
22 185
24 589
13 775
After tax
9 089
9 815
7 411
18 225
Living cost
23 749
23 749
23 749
23 749
Free-cash
-14 660
-13 934
-16 338
-5 524

Estimated living cost  is ₴23749 per week

₴17519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
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.
₴3837
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
₴11775
₴8116
₴5329
₴5982
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
-
-
-
32 000
income
-
-
-
2 750
health
-
-
-
4 320
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 344
total
-
-
-
16 414
Employee
15 084
-
23 881
-
social contributions
980
-
1 552
-
health
2 036
-
3 224
-
solidarity contribution
-
-
-
-
income
1 810
-
2 866
-
total
4 826
-
7 642
-
Employer
15 084
-
23 881
-
social contributions
3 771
-
5 970
-
health
1 358
-
2 149
-
total
5 129
-
8 119
-
Corporate
11 788
32 000
-
-
income
2 240
6 080
-
-
total
2 240
6 080
-
-
Dividends
9 548
25 920
-
-
withholding
1 432
3 888
-
-
total
1 432
3 888
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 627
9 968
15 761
16 414
After tax
18 373
22 032
16 239
15 586
Living cost
10 257
10 257
10 257
10 257
Free-cash
8 116
11 775
5 982
5 329

Estimated living cost  is ₴10257 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2201
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
-₴999
-₴6064
-₴867
-₴2563
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
-
-
-
32 000
municipal
-
-
-
190
regional
-
-
-
334
national
-
-
-
6 041
social contributions
-
-
-
8 230
total
-
-
-
14 795
Employee
38 064
-
32 000
-
social contributions
12 835
-
10 790
-
regional
359
-
292
-
municipal
202
-
170
-
national
6 596
-
5 239
-
total
19 992
-
16 491
-
Employer
38 064
-
32 000
-
total
-
-
-
-
Corporate
-
32 000
-
-
nationa
-
7 680
-
-
municipal
-
1 248
-
-
total
-
8 928
-
-
Dividends
-
23 072
-
-
withholding
-
5 999
-
-
total
-
5 999
-
-
Income
32 000
32 000
32 000
32 000
Total tax
19 992
14 927
16 491
14 795
After tax
12 008
17 073
15 509
17 205
Living cost
18 072
18 072
18 072
18 072
Free-cash
-6 064
-999
-2 563
-867

Estimated living cost  is ₴18072 per week

₴12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
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.
₴4012
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
₴10677
₴9344
₴8013
₴7306
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
-
-
-
32 000
income
-
-
-
5 274
pensions
-
-
-
6 400
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 272
surtax
-
-
-
492
total
-
-
-
14 536
Employee
14 163
-
26 435
-
other
-
-
-
-
health
362
-
674
-
surtax
46
-
438
-
income
2 374
-
4 963
-
pensions
944
-
1 763
-
unemployment
986
-
1 840
-
total
4 712
-
9 678
-
Employer
14 163
-
26 435
-
other
-
-
-
-
unemployment
449
-
838
-
pensions
1 888
-
3 524
-
health
645
-
1 203
-
total
2 982
-
5 565
-
Corporate
14 856
32 000
-
-
income
3 862
8 320
-
-
total
3 862
8 320
-
-
Dividends
10 993
23 680
-
-
withholding
1 649
3 552
-
-
total
1 649
3 552
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 205
11 872
15 243
14 536
After tax
18 795
20 128
16 757
17 464
Living cost
9 451
9 451
9 451
9 451
Free-cash
9 344
10 677
7 306
8 013

Estimated living cost  is ₴9451 per week

₴5779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2582
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
₴4340
₴958
₴4233
₴758
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
-
-
-
32 000
income
-
-
-
5 968
pensions
-
-
-
2 163
total
-
-
-
8 131
Employee
27 254
-
28 359
-
health
396
-
418
-
income
4 908
-
5 099
-
pensions
2 313
-
2 447
-
total
7 617
-
7 964
-
Employer
27 254
-
28 359
-
pensions
2 950
-
3 103
-
health
518
-
539
-
total
3 468
-
3 642
-
Corporate
1 279
32 000
-
-
income

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

243
6 080
-
-
total
243
6 080
-
-
Dividends
1 035
25 920
-
-
withholding
78
1 944
-
-
total
78
1 944
-
-
Income
32 000
32 000
32 000
32 000
Total tax
11 406
8 024
11 606
8 131
After tax
20 594
23 976
20 394
23 869
Living cost
19 636
19 636
19 636
19 636
Free-cash
958
4 340
758
4 233

Estimated living cost  is ₴19636 per week

₴14711
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.
₴205
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.
₴3247
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
-₴17736
-₴9488
-₴5411
-₴7054
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
-
-
-
32 000
city
-
-
-
337
pensions
-
-
-
2 944
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.

-
-
-
640
regional
-
-
-
887
health
-
-
-
106
national
-
-
-
128
total
-
-
-
5 042
Employee
37 880
-
28 641
-
city
407
-
308
-
regional
1 240
-
756
-
health
86
-
65
-
pensions
3 182
-
2 406
-
unemployment
-
-
-
-
national
179
-
106
-
total
5 094
-
3 641
-
Employer
37 880
-
28 641
-
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.

757
-
573
-
unemployment
-
-
-
-
pensions
3 182
-
2 406
-
health
86
-
65
-
total
4 025
-
3 044
-
Corporate
-
32 000
-
-
regional
-
6 768
-
-
national
-
2 720
-
-
total
-
9 488
-
-
Dividends
-
22 512
-
-
withholding
-
7 879
-
-
total
-
7 879
-
-
Income
32 000
32 000
32 000
32 000
Total tax
9 119
17 367
6 685
5 042
After tax
22 881
14 633
25 315
26 958
Living cost
32 369
32 369
32 369
32 369
Free-cash
-9 488
-17 736
-7 054
-5 411

Estimated living cost  is ₴32369 per week

₴21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
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.
₴8018
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
-₴3738
₴3205
₴2099
₴4172
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.

-
-
-
32 000
trade
-
-
-
2 073
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.

-
-
-
5 006
health

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

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

-
-
-
2 926
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.

-
-
-
276
total
-
-
-
10 281
Employee

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

25 739
-
32 000
-
health

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

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

2 926
-
2 926
-
surtax

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

167
-
276
-
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.

3 027
-
5 006
-
total
6 120
-
8 208
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 261
32 000
-
-
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.

52
264
-
-
income
939
4 800
-
-
trade
1 074
5 488
-
-
chamber of commerce
74
110
-
-
total
2 139
10 662
-
-
Dividends
4 122
21 338
-
-
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.

48
284
-
-
withholding
868
5 172
-
-
total
916
5 456
-
-
Income
32 000
32 000
32 000
32 000
Total tax
9 175
16 118
8 208
10 281
After tax
22 825
15 882
23 792
21 719
Living cost
19 620
19 620
19 620
19 620
Free-cash
3 205
-3 738
4 172
2 099

Estimated living cost  is ₴19620 per week

₴14330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1569
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.
₴3466
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
₴1474
₴4005
₴4356
₴4467
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
-
-
-
32 000
income
-
-
-
1 802
pensions
-
-
-
9 009
other
-
-
-
992
health
-
-
-
277
surtax
-
-
-
-
social contributions
-
-
-
911
total
-
-
-
12 991
Employee
18 330
-
24 385
-
social contributions
523
-
694
-
surtax
-
-
-
-
income
1 082
-
1 813
-
pensions
2 073
-
2 758
-
total
3 678
-
5 265
-
Employer
18 330
-
24 385
-
other
632
-
841
-
social contributions
55
-
73
-
unemployment
742
-
988
-
pensions
3 011
-
4 006
-
health
1 283
-
1 707
-
total
5 723
-
7 615
-
Corporate
7 946
32 000
-
-
surtax
-
-
-
-
income
2 225
8 960
-
-
total
2 225
8 960
-
-
Dividends
5 721
23 040
-
-
surtax
-
-
-
-
social contributions
984
3 963
-
-
withholding
732
2 950
-
-
total
1 716
6 913
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 342
15 873
12 880
12 991
After tax
18 658
16 127
19 120
19 009
Living cost
14 653
14 653
14 653
14 653
Free-cash
4 005
1 474
4 467
4 356

Estimated living cost  is ₴14653 per week

₴9239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴2926
₴5305
₴5808
₴5919
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
-
-
-
32 000
income
-
-
-
1 802
pensions
-
-
-
9 009
other
-
-
-
992
health
-
-
-
277
surtax
-
-
-
-
social contributions
-
-
-
911
total
-
-
-
12 991
Employee
16 362
-
24 385
-
social contributions
467
-
694
-
surtax
-
-
-
-
income
844
-
1 813
-
pensions
1 851
-
2 758
-
total
3 162
-
5 265
-
Employer
16 362
-
24 385
-
other
565
-
841
-
social contributions
49
-
73
-
unemployment
662
-
988
-
pensions
2 689
-
4 006
-
health
1 145
-
1 707
-
total
5 110
-
7 615
-
Corporate
10 528
32 000
-
-
surtax
-
-
-
-
income
2 948
8 960
-
-
total
2 948
8 960
-
-
Dividends
7 580
23 040
-
-
surtax
-
-
-
-
social contributions
1 304
3 963
-
-
withholding
970
2 950
-
-
total
2 274
6 913
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 494
15 873
12 880
12 991
After tax
18 506
16 127
19 120
19 009
Living cost
13 201
13 201
13 201
13 201
Free-cash
5 305
2 926
5 919
5 808

Estimated living cost  is ₴13201 per week

₴7656
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.
₴250
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.
₴3954
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
₴10441
₴10663
₴11469
₴12085
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
-
-
-
32 000
income
-
-
-
4 800
health
-
-
-
2 233
social contributions
-
-
-
4 416
total
-
-
-
11 449
Employee
14 522
-
32 000
-
social contributions
2 004
-
4 416
-
health
1 014
-
2 233
-
income
2 422
-
4 184
-
total
5 440
-
10 833
-
Employer
14 522
-
32 000
-
total
-
-
-
-
Corporate
17 478
32 000
-
-
income

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

874
1 600
-
-
total
874
1 600
-
-
Dividends
16 605
30 400
-
-
health
1 159
2 122
-
-
social contributions
2 291
4 195
-
-
withholding
2 491
4 560
-
-
total
5 941
10 877
-
-
Income
32 000
32 000
32 000
32 000
Total tax
12 255
12 477
10 833
11 449
After tax
19 745
19 523
21 167
20 551
Living cost
9 082
9 082
9 082
9 082
Free-cash
10 663
10 441
12 085
11 469

Estimated living cost  is ₴9082 per week

₴6078
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.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴3030
₴2367
₴2048
-₴3991
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
-
-
-
32 000
chamber of commerce
-
-
-
128
income
-
-
-
3 653
pensions
-
-
-
5 920
unemployment
-
-
-
2 627
health
-
-
-
2 448
surtax
-
-
-
85
total
-
-
-
14 861
Employee
21 404
17 068
24 783
-
other
214
171
248
-
health
828
661
959
-
income
2 437
1 259
3 405
-
pensions
2 192
1 747
2 537
-
unemployment
642
512
744
-
total
6 313
4 350
7 893
-
Employer
21 404
17 068
24 783
-
accident
278
222
322
-
other
1 017
810
1 177
-
chamber of commerce
85
68
99
-
unemployment
642
512
744
-
surtax
85
85
85
-
pensions
2 686
2 142
3 110
-
payroll
642
512
744
-
health
809
645
937
-
total
6 244
4 996
7 218
-
Corporate
4 352
9 935
23 157
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

1 088
2 484
5 789
-
total
1 088
2 484
5 789
-
Dividends
3 264
7 451
-
-
withholding
897
2 049
-
-
total
897
2 049
-
-
Income
32 000
32 000
32 000
32 000
Total tax
14 542
13 879
20 900
14 861
After tax
17 458
18 121
11 100
17 139
Living cost
15 091
15 091
15 091
15 091
Free-cash
2 367
3 030
-3 991
2 048

Estimated living cost  is ₴15091 per week

₴10065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3491
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
₴2370
-₴7555
₴469
-₴2494
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
-
-
-
32 000
national
-
-
-
9 851
communal

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

-
-
-
1 656
social contributions
-
-
-
4 408
total
-
-
-
15 915
Employee

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

30 636
-
24 785
-
communal

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

1 598
-
1 293
-
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.

1 439
-
1 165
-
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.

2 298
-
1 859
-
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.

267
-
215
-
national
9 419
-
7 130
-
total
15 021
-
11 662
-
Employer

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

30 636
-
24 785
-
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.

398
-
322
-
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.

447
-
362
-
surtax
3 474
-
2 811
-
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.

2 715
-
2 196
-
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.

1 884
-
1 525
-
total
8 918
-
7 216
-
Corporate
-
32 000
-
-
surtax
-
128
-
-
income
-
6 400
-
-
total
-
6 528
-
-
Dividends
-
25 473
-
-
withholding

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

-
7 486
-
-
total
-
7 486
-
-
Income
32 000
32 000
32 000
32 000
Total tax
23 939
14 014
18 878
15 915
After tax
8 061
17 986
13 122
16 085
Living cost
15 616
15 616
15 616
15 616
Free-cash
-7 555
2 370
-2 494
469

Estimated living cost  is ₴15616 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
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.
₴3948
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
₴6118
₴2675
₴1704
₴1931
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
-
-
-
32 000
accident
-
-
-
288
income
-
-
-
5 229
pensions
-
-
-
9 056
other
-
-
-
32
unemployment
-
-
-
224
total
-
-
-
14 829
Employee
21 319
-
24 264
-
other
21
-
24
-
income
4 498
-
5 326
-
pensions
1 002
-
1 140
-
unemployment
331
-
376
-
total
5 852
-
6 866
-
Employer
21 319
-
24 264
-
accident
422
-
480
-
other
170
-
194
-
unemployment
1 173
-
1 335
-
pensions
5 031
-
5 727
-
total
6 796
-
7 736
-
Corporate
3 885
32 000
-
-
income

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

583
4 800
-
-
total
583
4 800
-
-
Dividends
3 303
27 200
-
-
withholding
627
5 615
-
-
total
627
5 615
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 858
10 415
14 602
14 829
After tax
18 142
21 585
17 398
17 171
Living cost
15 467
15 467
15 467
15 467
Free-cash
2 675
6 118
1 931
1 704

Estimated living cost  is ₴15467 per week

₴11390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
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.
₴2757
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
-₴3415
-₴4308
-₴2856
-₴2270
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
-
-
-
32 000
accident
-
-
-
288
income
-
-
-
2 079
pensions
-
-
-
5 120
health
-
-
-
2 400
surtax
-
-
-
1 694
communal
-
-
-
-
total
-
-
-
11 581
Employee
32 434
-
28 583
-
health
1 443
-
1 272
-
surtax
1 988
-
1 751
-
income
3 133
-
2 270
-
pensions
2 594
-
2 286
-
total
9 158
-
7 579
-
Employer
32 434
-
28 583
-
accident
292
-
258
-
pensions
2 594
-
2 286
-
health
989
-
872
-
total
3 875
-
3 416
-
Corporate
-
32 000
-
-
surtax
-
336
-
-
communal
-
2 160
-
-
income
-
4 800
-
-
total
-
7 296
-
-
Dividends
-
24 704
-
-
income
-
1 139
-
-
withholding
-
3 705
-
-
total
-
4 844
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 033
12 140
10 995
11 581
After tax
18 967
19 860
21 005
20 419
Living cost
23 275
23 275
23 275
23 275
Free-cash
-4 308
-3 415
-2 270
-2 856

Estimated living cost  is ₴23275 per week

₴17460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
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
₴10508
₴9146
₴7844
₴7137
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
-
-
-
32 000
income
-
-
-
5 274
pensions
-
-
-
6 400
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 272
surtax
-
-
-
492
total
-
-
-
14 536
Employee
14 423
-
26 435
-
other
-
-
-
-
health
368
-
674
-
surtax
51
-
438
-
income
2 418
-
4 963
-
pensions
962
-
1 763
-
unemployment
1 004
-
1 840
-
total
4 803
-
9 678
-
Employer
14 423
-
26 435
-
other
-
-
-
-
unemployment
458
-
838
-
pensions
1 923
-
3 524
-
health
656
-
1 203
-
total
3 037
-
5 565
-
Corporate
14 540
32 000
-
-
income
3 780
8 320
-
-
total
3 780
8 320
-
-
Dividends
10 760
23 680
-
-
withholding
1 614
3 552
-
-
total
1 614
3 552
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 234
11 872
15 243
14 536
After tax
18 766
20 128
16 757
17 464
Living cost
9 620
9 620
9 620
9 620
Free-cash
9 146
10 508
7 137
7 844

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2753
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
₴5282
₴4332
₴5520
₴3834
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
-
-
-
32 000
municipal
-
-
-
190
regional
-
-
-
482
national
-
-
-
6 041
social contributions
-
-
-
8 230
total
-
-
-
14 943
Employee
23 758
-
32 000
-
social contributions
8 011
-
10 790
-
regional
320
-
430
-
municipal
126
-
170
-
national
3 764
-
5 239
-
total
12 221
-
16 629
-
Employer
23 758
-
32 000
-
total
-
-
-
-
Corporate
8 242
32 000
-
-
nationa
1 978
7 680
-
-
municipal
410
1 591
-
-
total
2 388
9 271
-
-
Dividends
5 854
22 730
-
-
withholding
1 522
5 910
-
-
total
1 522
5 910
-
-
Income
32 000
32 000
32 000
32 000
Total tax
16 131
15 181
16 629
14 943
After tax
15 869
16 819
15 371
17 057
Living cost
11 537
11 537
11 537
11 537
Free-cash
4 332
5 282
3 834
5 520

Estimated living cost  is ₴11537 per week

₴7175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴2996
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
₴9393
₴4884
₴2947
₴3600
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
-
-
-
32 000
income
-
-
-
2 750
health
-
-
-
4 320
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 344
total
-
-
-
16 414
Employee
18 587
-
23 881
-
social contributions
1 208
-
1 552
-
health
2 509
-
3 224
-
solidarity contribution
-
-
-
-
income
2 230
-
2 866
-
total
5 947
-
7 642
-
Employer
18 587
-
23 881
-
social contributions
4 647
-
5 970
-
health
1 673
-
2 149
-
total
6 320
-
8 119
-
Corporate
7 093
32 000
-
-
income
1 348
6 080
-
-
total
1 348
6 080
-
-
Dividends
5 745
25 920
-
-
withholding
862
3 888
-
-
total
862
3 888
-
-
Income
32 000
32 000
32 000
32 000
Total tax
14 477
9 968
15 761
16 414
After tax
17 523
22 032
16 239
15 586
Living cost
12 639
12 639
12 639
12 639
Free-cash
4 884
9 393
3 600
2 947

Estimated living cost  is ₴12639 per week

₴9399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2321
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
₴4503
₴4289
₴3560
-₴2545
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
-
-
-
32 000
chamber of commerce
-
-
-
128
income
-
-
-
3 653
pensions
-
-
-
5 920
unemployment
-
-
-
2 627
health
-
-
-
2 448
surtax
-
-
-
-
total
-
-
-
14 776
Employee
18 722
17 068
24 849
-
other
187
171
249
-
health
724
661
961
-
income
1 668
1 259
3 424
-
pensions
1 917
1 747
2 545
-
unemployment
562
512
745
-
total
5 058
4 350
7 924
-
Employer
18 722
17 068
24 849
-
accident
243
222
323
-
other
889
810
1 180
-
chamber of commerce
75
68
99
-
unemployment
562
512
745
-
surtax
-
-
-
-
pensions
2 350
2 142
3 119
-
payroll
562
512
745
-
health
708
645
940
-
total
5 389
4 911
7 151
-
Corporate
7 890
10 020
23 224
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

1 973
2 505
5 806
-
total
1 973
2 505
5 806
-
Dividends
5 918
7 515
-
-
withholding
1 627
2 067
-
-
total
1 627
2 067
-
-
Income
32 000
32 000
32 000
32 000
Total tax
14 047
13 833
20 881
14 776
After tax
17 953
18 167
11 119
17 224
Living cost
13 664
13 664
13 664
13 664
Free-cash
4 289
4 503
-2 545
3 560

Estimated living cost  is ₴13664 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3828
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
₴24395
₴23269
₴25675
₴19595
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%.

-
-
-
32 000
microenterprise

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

-
-
-
320
total
-
-
-
320
Employee
7 506
-
32 000
-
income
1 501
-
6 400
-
total
1 501
-
6 400
-
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%.

24 494
32 000
-
-
total
-
-
-
-
Dividends
24 494
32 000
-
-
withholding
1 225
1 600
-
-
total
1 225
1 600
-
-
Income
32 000
32 000
32 000
32 000
Total tax
2 726
1 600
6 400
320
After tax
29 274
30 400
25 600
31 680
Living cost
6 005
6 005
6 005
6 005
Free-cash
23 269
24 395
19 595
25 675

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
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.
₴1488
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
₴10544
₴6962
₴5542
₴4626
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.

-
-
-
32 000
income
-
-
-
5 929
pensions
-
-
-
5 844
unemployment
-
-
-
48
health
-
-
-
3 149
total
-
-
-
14 970
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.

18 939
-
27 689
-
health
1 223
-
1 789
-
income
3 266
-
5 456
-
pensions
2 936
-
4 292
-
unemployment
27
-
39
-
total
7 452
-
11 576
-
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.

18 939
-
27 689
-
unemployment
11
-
16
-
pensions
1 676
-
2 450
-
health
1 261
-
1 844
-
total
2 948
-
4 310
-
Corporate
10 112
32 000
-
-
income
1 921
6 080
-
-
total
1 921
6 080
-
-
Dividends
8 191
25 920
-
-
withholding
1 229
3 888
-
-
total
1 229
3 888
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 550
9 968
15 886
14 970
After tax
18 450
22 032
16 114
17 030
Living cost
11 488
11 488
11 488
11 488
Free-cash
6 962
10 544
4 626
5 542

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2646
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
₴979
-₴31894
₴3625
₴7872
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
-
-
-
32 000
income
-
-
-
6 237
social contributions
-
-
-
3 648
total
-
-
-
9 885
Employee
26 512
-
-
-
social contributions
2 174
-
310
-
income
5 848
-
-
-
total
8 022
-
310
-
Employer
26 512
-
-
-
social contributions
37 382
-
5 328
-
total
37 382
-
5 328
-
Corporate
-
32 000
-
-
income
-
7 040
-
-
total
-
7 040
-
-
Dividends
-
24 960
-
-
income
-
5 491
-
-
total
-
5 491
-
-
Income
32 000
32 000
32 000
32 000
Total tax
45 404
12 531
5 638
9 885
After tax
-13 404
19 469
26 362
22 115
Living cost
18 490
18 490
18 490
18 490
Free-cash
-31 894
979
7 872
3 625

Estimated living cost  is ₴18490 per week

₴11997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1739
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.
₴4518
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
₴4768
₴4337
₴4743
₴3510
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.

-
-
-
32 000
income
-
-
-
2 703
surtax
-
-
-
-
social contributions

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

-
-
-
11 120
total
-
-
-
13 823
Employee
19 698
-
25 859
-
social contributions
2 167
-
2 845
-
surtax
-
-
-
-
income
4 097
-
6 070
-
total
6 264
-
8 915
-
Employer
19 698
-
25 859
-
social contributions
4 678
-
6 141
-
total
4 678
-
6 141
-
Corporate
7 624
32 000
-
-
surtax
-
-
-
-
income
1 601
6 720
-
-
total
1 601
6 720
-
-
Dividends
6 023
25 280
-
-
withholding
1 686
7 078
-
-
total
1 686
7 078
-
-
Income
32 000
32 000
32 000
32 000
Total tax
14 229
13 798
15 056
13 823
After tax
17 771
18 202
16 944
18 177
Living cost
13 434
13 434
13 434
13 434
Free-cash
4 337
4 768
3 510
4 743

Estimated living cost  is ₴13434 per week

₴10051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2366
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
-₴4559
-₴3203
-₴1677
-₴1566
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
-
-
-
32 000
income
-
-
-
1 802
pensions
-
-
-
9 009
other
-
-
-
992
health
-
-
-
277
surtax
-
-
-
-
social contributions
-
-
-
911
total
-
-
-
12 991
Employee
26 825
-
24 385
-
social contributions
764
-
694
-
surtax
-
-
-
-
income
2 341
-
1 813
-
pensions
3 034
-
2 758
-
total
6 139
-
5 265
-
Employer
26 825
-
24 385
-
other
926
-
841
-
social contributions
80
-
73
-
unemployment
1 087
-
988
-
pensions
4 408
-
4 006
-
health
1 877
-
1 707
-
total
8 378
-
7 615
-
Corporate
-
32 000
-
-
surtax
-
-
-
-
income
-
8 960
-
-
total
-
8 960
-
-
Dividends
-
23 040
-
-
surtax
-
-
-
-
social contributions
-
3 963
-
-
withholding
-
2 950
-
-
total
-
6 913
-
-
Income
32 000
32 000
32 000
32 000
Total tax
14 517
15 873
12 880
12 991
After tax
17 483
16 127
19 120
19 009
Living cost
20 686
20 686
20 686
20 686
Free-cash
-3 203
-4 559
-1 566
-1 677

Estimated living cost  is ₴20686 per week

₴14000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
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
₴15926
₴14488
₴11814
₴12711
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
-
-
-
32 000
income
-
-
-
272
social contributions
-
-
-
7 040
total
-
-
-
7 312
Employee
13 769
-
27 705
-
income
-
-
320
-
social contributions
895
-
1 801
-
total
895
-
2 121
-
Employer
13 769
-
27 705
-
social contributions
2 134
-
4 294
-
total
2 134
-
4 294
-
Corporate
16 097
32 000
-
-
income
1 609
3 200
-
-
total
1 609
3 200
-
-
Dividends
14 487
28 800
-
-
total
-
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
4 638
3 200
6 415
7 312
After tax
27 362
28 800
25 585
24 688
Living cost
12 874
12 874
12 874
12 874
Free-cash
14 488
15 926
12 711
11 814

Estimated living cost  is ₴12874 per week

₴8324
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.
₴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.
₴3337
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
-₴61355
-₴61355
-₴338
-₴61355
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
-
-
-
32 000
municipal
-
-
-
5 574
pensions
-
-
-
371
national
-
-
-
3 228
labour market
-
-
-
2 530
total
-
-
-
11 703
Employee
87 097
87 097
87 097
-
labour market
6 958
6 958
6 958
-
national
10 640
10 640
10 640
-
municipal
18 547
18 547
18 547
-
pensions
124
124
124
-
total
36 269
36 269
36 269
-
Employer
87 097
87 097
87 097
-
labour market
6 968
6 968
6 968
-
municipal
18 576
18 576
18 576
-
pensions
248
248
248
-
national
10 659
10 659
10 659
-
total
36 451
36 451
36 451
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
72 720
72 720
72 720
11 703
After tax
-40 720
-40 720
-40 720
20 297
Living cost
20 635
20 635
20 635
20 635
Free-cash
-61 355
-61 355
-61 355
-338

Estimated living cost  is ₴20635 per week

₴14123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1825
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.
₴4369
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
-₴6637
₴1176
₴12800
₴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
-
-
-
32 000
accident
-
-
-
108
income
-
-
-
7 004
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
9 971
Employee
14 518
-
26 582
-
health
1 662
-
3 044
-
income
1 992
-
4 288
-
pensions
1 635
-
2 993
-
total
5 289
-
10 325
-
Employer
14 518
-
26 582
-
accident
242
-
444
-
unemployment
356
-
651
-
pensions
2 361
-
4 322
-
total
2 959
-
5 417
-
Corporate
14 523
32 000
-
-
income

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

13 071
28 800
-
-
total
13 071
28 800
-
-
Dividends
1 452
3 200
-
-
withholding
276
608
-
-
total
276
608
-
-
Income
32 000
32 000
32 000
32 000
Total tax
21 595
29 408
15 742
9 971
After tax
10 405
2 592
16 258
22 029
Living cost
9 229
9 229
9 229
9 229
Free-cash
1 176
-6 637
7 029
12 800

Estimated living cost  is ₴9229 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1812
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
₴5408
₴3610
₴7346
₴2668
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

-
-
-
32 000
municipal
-
-
-
5 703
health
-
-
-
314
national
-
-
-
2 194
total
-
-
-
8 211
Employee
22 533
-
26 920
-
health
168
-
236
-
municipal
3 691
-
4 404
-
pensions
1 521
-
1 817
-
unemployment
338
-
404
-
national
372
-
948
-
total
6 090
-
7 809
-
Employer
22 533
-
26 920
-
accident
23
-
27
-
unemployment
146
-
175
-
pensions
3 909
-
4 671
-
health
173
-
207
-
total
4 251
-
5 080
-
Corporate
5 215
32 000
-
-
income
1 043
6 400
-
-
total
1 043
6 400
-
-
Dividends

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

3 129
19 200
-
-
national
-
293
-
-
municipal
563
3 456
-
-
total
563
3 749
-
-
Income
32 000
32 000
32 000
32 000
Total tax
11 947
10 149
12 889
8 211
After tax
20 053
21 851
19 111
23 789
Living cost
16 443
16 443
16 443
16 443
Free-cash
3 610
5 408
2 668
7 346

Estimated living cost  is ₴16443 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3860
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
₴12399
₴11240
₴14036
₴13066
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
-
-
-
32 000
income
-
-
-
2 240
health
-
-
-
816
social contributions
-
-
-
4 992
total
-
-
-
8 048
Employee
32 933
32 933
32 933
-
social contributions
1 245
2 733
2 411
-
health
255
560
494
-
income
3 586
3 049
3 165
-
total
5 086
6 342
6 070
-
Employer
32 933
32 933
32 933
-
social contributions
1 245
2 733
2 411
-
health
277
610
537
-
total
1 522
3 343
2 948
-
Corporate
15 475
-
-
-
income
1 934
-
-
-
total
1 934
-
-
-
Dividends
13 541
-
-
-
withholding
2 302
-
-
-
total
2 302
-
-
-
Income
32 000
32 000
32 000
32 000
Total tax
10 844
9 685
9 018
8 048
After tax
21 156
22 315
22 982
23 952
Living cost
9 916
9 916
9 916
9 916
Free-cash
11 240
12 399
13 066
14 036

Estimated living cost  is ₴9916 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2781
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
₴19699
₴17520
₴18017
₴12975
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
-
-
-
32 000
income
-
-
-
2 897
pensions
-
-
-
2 724
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
7 183
Employee

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

9 831
-
29 012
-
health
836
-
2 466
-
income
672
-
2 274
-
pensions
1 474
-
4 352
-
unemployment
49
-
145
-
total
3 031
-
9 237
-
Employer

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

9 831
-
29 012
-
unemployment
49
-
145
-
pensions
540
-
1 595
-
health
423
-
1 248
-
total
1 012
-
2 988
-
Corporate
21 157
32 000
-
-
income
1 904
2 880
-
-
total
1 904
2 880
-
-
Dividends
19 253
29 120
-
-
withholding
1 733
2 621
-
-
total
1 733
2 621
-
-
Income
32 000
32 000
32 000
32 000
Total tax
7 680
5 501
12 225
7 183
After tax
24 320
26 499
19 775
24 817
Living cost
6 800
6 800
6 800
6 800
Free-cash
17 520
19 699
12 975
18 017

Estimated living cost  is ₴6800 per week

₴4339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
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
₴9808
₴7564
₴5394
₴5621
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
-
-
-
32 000
accident
-
-
-
288
income
-
-
-
5 229
pensions
-
-
-
9 056
other
-
-
-
32
unemployment
-
-
-
224
total
-
-
-
14 829
Employee
15 836
-
24 264
-
other
15
-
24
-
income
3 053
-
5 326
-
pensions
744
-
1 140
-
unemployment
245
-
376
-
total
4 057
-
6 866
-
Employer
15 836
-
24 264
-
accident
314
-
480
-
other
127
-
194
-
unemployment
871
-
1 335
-
pensions
3 737
-
5 727
-
total
5 049
-
7 736
-
Corporate
11 115
32 000
-
-
income

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

1 667
4 800
-
-
total
1 667
4 800
-
-
Dividends
9 448
27 200
-
-
withholding
1 886
5 615
-
-
total
1 886
5 615
-
-
Income
32 000
32 000
32 000
32 000
Total tax
12 659
10 415
14 602
14 829
After tax
19 341
21 585
17 398
17 171
Living cost
11 777
11 777
11 777
11 777
Free-cash
7 564
9 808
5 621
5 394

Estimated living cost  is ₴11777 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
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.
₴2489
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
₴18798
₴18605
₴18943
₴18861
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
-
-
-
32 000
income
-
-
-
10 415
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
11 887
Employee
1 782
-
31 040
-
health
89
-
213
-
income
345
-
10 370
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
11 010
-
Employer
1 782
-
31 040
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
29 817
32 000
-
-
income
6 560
7 040
-
-
total
6 560
7 040
-
-
Dividends
23 258
24 960
-
-
withholding
4 652
4 992
-
-
total
4 652
4 992
-
-
Income
32 000
32 000
32 000
32 000
Total tax
12 225
12 032
11 969
11 887
After tax
19 775
19 968
20 031
20 113
Living cost
1 170
1 170
1 170
1 170
Free-cash
18 605
18 798
18 861
18 943

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴353
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
₴15712
₴13604
₴8210
₴9318
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.

-
-
-
32 000
income
-
-
-
4 416
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
16 382
Employee

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

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

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

11 170
-
27 142
-
health
575
-
1 398
-
income
1 540
-
5 013
-
pensions
1 564
-
3 800
-
unemployment
84
-
204
-
total
3 763
-
10 415
-
Employer

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

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

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

11 170
-
27 142
-
unemployment
84
-
204
-
pensions
1 340
-
3 257
-
health
575
-
1 398
-
total
1 999
-
4 859
-
Corporate
18 830
32 000
-
-
income
2 825
4 800
-
-
total
2 825
4 800
-
-
Dividends
16 006
27 200
-
-
withholding
2 401
4 080
-
-
total
2 401
4 080
-
-
Income
32 000
32 000
32 000
32 000
Total tax
10 988
8 880
15 274
16 382
After tax
21 012
23 120
16 726
15 618
Living cost
7 408
7 408
7 408
7 408
Free-cash
13 604
15 712
9 318
8 210

Estimated living cost  is ₴7408 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
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.
₴1633
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
₴6656
₴6501
₴6631
₴5398
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.

-
-
-
32 000
income
-
-
-
2 703
surtax
-
-
-
-
social contributions

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

-
-
-
11 120
total
-
-
-
13 823
Employee
16 623
-
25 859
-
social contributions
1 829
-
2 845
-
surtax
-
-
-
-
income
3 248
-
6 070
-
total
5 077
-
8 915
-
Employer
16 623
-
25 859
-
social contributions
3 948
-
6 141
-
total
3 948
-
6 141
-
Corporate
11 430
32 000
-
-
surtax
-
-
-
-
income
2 400
6 720
-
-
total
2 400
6 720
-
-
Dividends
9 029
25 280
-
-
withholding
2 528
7 078
-
-
total
2 528
7 078
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 953
13 798
15 056
13 823
After tax
18 047
18 202
16 944
18 177
Living cost
11 546
11 546
11 546
11 546
Free-cash
6 501
6 656
5 398
6 631

Estimated living cost  is ₴11546 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2362
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
₴6533
₴3251
₴2119
₴2346
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
-
-
-
32 000
accident
-
-
-
288
income
-
-
-
5 229
pensions
-
-
-
9 056
other
-
-
-
32
unemployment
-
-
-
224
total
-
-
-
14 829
Employee
20 684
-
24 264
-
other
20
-
24
-
income
4 320
-
5 326
-
pensions
972
-
1 140
-
unemployment
320
-
376
-
total
5 632
-
6 866
-
Employer
20 684
-
24 264
-
accident
410
-
480
-
other
166
-
194
-
unemployment
1 138
-
1 335
-
pensions
4 881
-
5 727
-
total
6 595
-
7 736
-
Corporate
4 721
32 000
-
-
income

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

708
4 800
-
-
total
708
4 800
-
-
Dividends
4 013
27 200
-
-
withholding
762
5 615
-
-
total
762
5 615
-
-
Income
32 000
32 000
32 000
32 000
Total tax
13 697
10 415
14 602
14 829
After tax
18 303
21 585
17 398
17 171
Living cost
15 052
15 052
15 052
15 052
Free-cash
3 251
6 533
2 346
2 119

Estimated living cost  is ₴15052 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
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
₴19988
₴17377
₴15830
₴16616
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
-
-
-
32 000
income
-
-
-
4 800
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
8 798
Employee
9 762
-
29 063
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
2 906
-
pensions

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

857
-
1 314
-
total
2 389
-
5 074
-
Employer
9 762
-
29 063
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
20 322
32 000
-
-
income
2 032
3 200
-
-
total
2 032
3 200
-
-
Dividends
18 290
28 800
-
-
withholding
914
1 440
-
-
total
914
1 440
-
-
Income
32 000
32 000
32 000
32 000
Total tax
7 251
4 640
8 012
8 798
After tax
24 749
27 360
23 988
23 202
Living cost
7 372
7 372
7 372
7 372
Free-cash
17 377
19 988
16 616
15 830

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1899
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
₴5
₴5607
₴5523
₴7257
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.

-
-
-
32 000
trade
-
-
-
1 734
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.

-
-
-
5 006
health

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

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

-
-
-
2 926
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.

-
-
-
276
total
-
-
-
9 942
Employee

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

21 310
-
32 000
-
health

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

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

2 926
-
2 926
-
surtax

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

97
-
276
-
income

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

1 752
-
5 006
-
total
4 775
-
8 208
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 690
32 000
-
-
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.

89
264
-
-
income
1 604
4 800
-
-
trade
1 534
4 592
-
-
chamber of commerce
80
112
-
-
total
3 307
9 768
-
-
Dividends
7 384
22 231
-
-
surtax

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

93
297
-
-
withholding
1 683
5 395
-
-
total
1 776
5 692
-
-
Income
32 000
32 000
32 000
32 000
Total tax
9 858
15 460
8 208
9 942
After tax
22 142
16 540
23 792
22 058
Living cost
16 535
16 535
16 535
16 535
Free-cash
5 607
5
7 257
5 523

Estimated living cost  is ₴16535 per week

₴11406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3110
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
-₴1997
-₴1502
-₴736
-₴736
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
-
-
-
32 000
income
-
-
-
5 721
social contributions
-
-
-
2 618
total
-
-
-
8 339
Employee
33 502
-
32 000
-
income
6 322
-
5 721
-
social contributions
2 783
-
2 618
-
total
9 105
-
8 339
-
Employer
33 502
-
32 000
-
total
-
-
-
-
Corporate
-
32 000
-
-
income
-
4 000
-
-
total
-
4 000
-
-
Dividends
-
28 000
-
-
withholding
-
5 600
-
-
total
-
5 600
-
-
Income
32 000
32 000
32 000
32 000
Total tax
9 105
9 600
8 339
8 339
After tax
22 895
22 400
23 661
23 661
Living cost
24 397
24 397
24 397
24 397
Free-cash
-1 502
-1 997
-736
-736

Estimated living cost  is ₴24397 per week

₴18561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
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
₴2990
₴5470
₴1401
₴7786
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.

-
-
-
32 000
income
-
-
-
12 191
health

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

-
-
-
2 861
total
-
-
-
15 052
Employee
19 647
-
30 030
-
income
2 132
-
4 727
-
social contributions
1 969
-
1 970
-
total
4 101
-
6 697
-
Employer
19 647
-
30 030
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
10 384
32 000
-
-
income
3 635
11 200
-
-
total
3 635
11 200
-
-
Dividends
6 749
20 800
-
-
social contributions
1 278
2 263
-
-
total
1 278
2 263
-
-
Income
32 000
32 000
32 000
32 000
Total tax
10 983
13 463
8 667
15 052
After tax
21 017
18 537
23 333
16 948
Living cost
15 547
15 547
15 547
15 547
Free-cash
5 470
2 990
7 786
1 401

Estimated living cost  is ₴15547 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
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.
₴3842
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
₴8012
₴5588
₴7905
₴4430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 000
income
-
-
-
5 968
pensions
-
-
-
2 163
total
-
-
-
8 131
Employee
21 912
-
28 359
-
health
286
-
418
-
income
3 990
-
5 099
-
pensions
1 672
-
2 447
-
total
5 948
-
7 964
-
Employer
21 912
-
28 359
-
pensions
2 214
-
3 103
-
health
416
-
539
-
total
2 630
-
3 642
-
Corporate
7 457
32 000
-
-
income

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

1 417
6 080
-
-
total
1 417
6 080
-
-
Dividends
6 041
25 920
-
-
withholding
453
1 944
-
-
total
453
1 944
-
-
Income
32 000
32 000
32 000
32 000
Total tax
10 448
8 024
11 606
8 131
After tax
21 552
23 976
20 394
23 869
Living cost
15 964
15 964
15 964
15 964
Free-cash
5 588
8 012
4 430
7 905

Estimated living cost  is ₴15964 per week

₴10951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴3344
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
-₴7551
₴1036
₴11886
₴6115
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
-
-
-
32 000
accident
-
-
-
108
income
-
-
-
7 004
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
9 971
Employee
15 955
-
26 582
-
health
1 827
-
3 044
-
income
2 189
-
4 288
-
pensions
1 797
-
2 993
-
total
5 813
-
10 325
-
Employer
15 955
-
26 582
-
accident
266
-
444
-
unemployment
391
-
651
-
pensions
2 594
-
4 322
-
total
3 251
-
5 417
-
Corporate
12 793
32 000
-
-
income

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

11 514
28 800
-
-
total
11 514
28 800
-
-
Dividends
1 279
3 200
-
-
withholding
243
608
-
-
total
243
608
-
-
Income
32 000
32 000
32 000
32 000
Total tax
20 821
29 408
15 742
9 971
After tax
11 179
2 592
16 258
22 029
Living cost
10 143
10 143
10 143
10 143
Free-cash
1 036
-7 551
6 115
11 886

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴1904
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
₴21415
₴19332
₴12796
₴12796
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.

-
-
-
32 000
work injury
-
-
-
160
health insurance
-
-
-
2 368
income
-
-
-
4 619
pensions
-
-
-
5 888
unemployment
-
-
-
384
total
-
-
-
13 419
Employee

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

9 257
-
32 000
-
work injury
46
-
160
-
income
926
-
4 619
-
pensions
1 703
-
5 888
-
health insurance
685
-
2 368
-
unemployment
111
-
384
-
total
3 471
-
13 419
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 743
32 000
-
-
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
22 743
32 000
-
-
withholding
3 412
4 800
-
-
total
3 412
4 800
-
-
Income
32 000
32 000
32 000
32 000
Total tax
6 883
4 800
13 419
13 419
After tax
25 117
27 200
18 581
18 581
Living cost
5 785
5 785
5 785
5 785
Free-cash
19 332
21 415
12 796
12 796

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1600
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
-₴207
-₴4090
-₴86
-₴1739
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
-
-
-
32 000
municipal
-
-
-
214
regional
-
-
-
539
national
-
-
-
6 041
social contributions
-
-
-
8 230
total
-
-
-
15 024
Employee
36 090
-
32 000
-
social contributions
12 169
-
10 790
-
regional
545
-
457
-
municipal
215
-
191
-
national
6 099
-
5 239
-
total
19 028
-
16 677
-
Employer
36 090
-
32 000
-
total
-
-
-
-
Corporate
-
32 000
-
-
nationa
-
7 680
-
-
municipal
-
1 543
-
-
total
-
9 223
-
-
Dividends
-
22 778
-
-
withholding
-
5 922
-
-
total
-
5 922
-
-
Income
32 000
32 000
32 000
32 000
Total tax
19 028
15 145
16 677
15 024
After tax
12 972
16 855
15 323
16 976
Living cost
17 062
17 062
17 062
17 062
Free-cash
-4 090
-207
-1 739
-86

Estimated living cost  is ₴17062 per week

₴11985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3645
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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