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
₴ 32500
per

Your estimated
City
free-cash

Dresden , Germany
₴8997
₴827
₴7664
₴6548
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.

-
-
-
32 500
income

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

-
-
-
4 086
trade
-
-
-
1 332
health

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

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

-
-
-
3 532
surtax

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

-
-
-
225
total
-
-
-
9 175
Employee

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

19 776
-
32 500
-
surtax

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

30
-
225
-
health

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

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

3 532
-
3 532
-
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.

552
-
4 086
-
total
4 114
-
7 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 724
32 500
-
-
income
1 908
4 875
-
-
trade
2 005
5 119
-
-
surtax

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

105
268
-
-
chamber of commerce
97
126
-
-
total
4 115
10 388
-
-
Dividends
8 609
22 112
-
-
withholding
1 955
5 332
-
-
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.

108
293
-
-
total
2 063
5 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 292
16 013
7 843
9 175
After tax
22 208
16 487
24 657
23 325
Living cost
15 660
15 660
15 660
15 660
Free-cash
6 548
827
8 997
7 664

Estimated living cost  is ₴15660 per week

₴9851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3691
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
-₴6716
-₴6987
-₴6969
-₴13606
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
-
-
-
32 500
pensions
-
-
-
3 900
social contributions
-
-
-
349
municipal
-
-
-
3 119
national
-
-
-
4 834
total
-
-
-
12 202
Employee
42 270
-
28 096
-
municipal
5 221
-
3 245
-
pensions
1 691
-
1 124
-
national
8 090
-
5 029
-
total
15 002
-
9 398
-
Employer
42 270
-
28 096
-
social contributions
454
-
302
-
pensions
3 382
-
2 248
-
total
3 836
-
2 550
-
Corporate
-
32 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
6 500
-
-
total
-
6 500
-
-
Dividends
-
26 000
-
-
withholding
-
5 720
-
-
total
-
5 720
-
-
Income
32 500
32 500
32 500
32 500
Total tax
18 838
12 220
11 948
12 202
After tax
13 662
20 280
20 552
20 298
Living cost
27 268
27 268
27 268
27 268
Free-cash
-13 606
-6 987
-6 716
-6 969

Estimated living cost  is ₴27268 per week

₴18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴408
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.
₴5791
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
₴7782
₴15244
₴15241
₴11004
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.

-
-
-
32 500
income
-
-
-
-
microenterprise
-
-
-
4 875
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.

-
-
-
1 628
surtax
-
-
-
-
total
-
-
-
6 503
Employee
15 108
-
26 190
-
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.

1 662
-
2 881
-
income
2 689
-
4 772
-
total
4 351
-
7 653
-
Employer
15 108
-
26 190
-
surtax
-
-
-
-
social contributions

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

3 639
-
6 309
-
total
3 639
-
6 309
-
Corporate
13 753
32 500
-
-
income

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

2 750
6 500
-
-
total
2 750
6 500
-
-
Dividends

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

11 003
26 000
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 740
6 500
13 962
6 503
After tax
21 760
26 000
18 538
25 997
Living cost
10 756
10 756
10 756
10 756
Free-cash
11 004
15 244
7 782
15 241

Estimated living cost  is ₴10756 per week

₴6862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1024
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.
₴2626
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
-₴18841
-₴15939
-₴3103
-₴18841
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
-
-
-
32 500
income
-
-
-
3 106
pensions
-
-
-
5 850
health
-
-
-
4 988
total
-
-
-
13 944
Employee
44 153
44 153
44 153
-
pensions
7 947
6 058
7 947
-
health
6 777
5 764
6 777
-
income

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

7 227
7 227
7 227
-
total
21 951
19 049
21 951
-
Employer
44 153
44 153
44 153
-
health
3 069
3 069
3 069
-
unemployment
1 589
1 589
1 589
-
pensions
3 073
3 073
3 073
-
total
7 731
7 731
7 731
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
29 682
26 780
29 682
13 944
After tax
2 818
5 720
2 818
18 556
Living cost
21 659
21 659
21 659
21 659
Free-cash
-18 841
-15 939
-18 841
-3 103

Estimated living cost  is ₴21659 per week

₴15349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴344
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.
₴4013
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
-₴3617
-₴3228
-₴4771
-₴6774
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
-
-
-
32 500
pensions
-
-
-
3 513
other
-
-
-
3 776
unemployment
-
-
-
32
accident
-
-
-
65
health
-
-
-
2 028
municipal
-
-
-
6 884
national
-
-
-
-
total
-
-
-
16 298
Employee
29 884
-
24 730
-
municipal
8 911
-
7 374
-
national
-
-
-
-
total
8 911
-
7 374
-
Employer
29 884
-
24 730
-
accident
60
-
49
-
other
3 473
-
2 874
-
health
1 838
-
1 521
-
unemployment
789
-
653
-
pensions
3 230
-
2 673
-
total
9 390
-
7 770
-
Corporate
-
32 500
-
-
income
-
7 150
-
-
total
-
7 150
-
-
Dividends
-
25 350
-
-
withholding
-
7 605
-
-
total
-
7 605
-
-
Income
32 500
32 500
32 500
32 500
Total tax
18 301
14 755
15 144
16 298
After tax
14 199
17 745
17 356
16 202
Living cost
20 973
20 973
20 973
20 973
Free-cash
-6 774
-3 228
-3 617
-4 771

Estimated living cost  is ₴20973 per week

₴13900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4696
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
₴4346
-₴3990
₴2954
₴3275
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.

-
-
-
32 500
income

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

-
-
-
4 086
trade
-
-
-
1 392
health

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

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

-
-
-
3 532
surtax

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

-
-
-
225
total
-
-
-
9 235
Employee

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

26 220
-
32 500
-
surtax

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

124
-
225
-
health

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

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

3 532
-
3 532
-
income

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

2 253
-
4 086
-
total
5 909
-
7 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 280
32 500
-
-
income
942
4 875
-
-
trade
1 033
5 346
-
-
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
268
-
-
chamber of commerce
87
125
-
-
total
2 114
10 614
-
-
Dividends
4 166
21 886
-
-
withholding
845
5 275
-
-
surtax

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

46
290
-
-
total
891
5 565
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 914
16 179
7 843
9 235
After tax
23 586
16 321
24 657
23 265
Living cost
20 311
20 311
20 311
20 311
Free-cash
3 275
-3 990
4 346
2 954

Estimated living cost  is ₴20311 per week

₴13584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴4282
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
₴5798
₴4038
₴8338
₴4985
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
-
-
-
32 500
income
-
-
-
1 493
social contributions
-
-
-
5 070
health
-
-
-
829
total
-
-
-
7 392
Employee
39 757
39 757
39 757
-
social contributions
1 932
3 300
2 449
-
health
395
676
501
-
income
4 175
3 680
3 987
-
total
6 502
7 656
6 937
-
Employer
39 757
39 757
39 757
-
health
431
736
546
-
social contributions
1 932
3 300
2 449
-
total
2 363
4 036
2 995
-
Corporate
6 865
-
-
-
income
859
-
-
-
total
859
-
-
-
Dividends
6 007
-
-
-
withholding
1 021
-
-
-
total
1 021
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 745
11 692
9 932
7 392
After tax
21 755
20 808
22 568
25 108
Living cost
16 770
16 770
16 770
16 770
Free-cash
4 985
4 038
5 798
8 338

Estimated living cost  is ₴16770 per week

₴11464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3715
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
₴8451
₴8010
₴12126
₴8227
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
-
-
-
32 500
income
-
-
-
3 973
pensions
-
-
-
3 250
unemployment
-
-
-
487
health
-
-
-
2 275
total
-
-
-
9 985
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.

14 996
5 968
27 197
-
unemployment
225
90
408
-
pensions
1 500
597
2 720
-
health
1 050
418
1 904
-
income
1 833
730
3 325
-
total
4 608
1 835
8 357
-
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.

14 996
5 968
27 197
-
pensions
2 924
1 164
5 303
-
total
2 924
1 164
5 303
-
Corporate
14 580
25 368
-
-
income
1 312
2 283
-
-
total
1 312
2 283
-
-
Dividends
13 267
23 085
-
-
withholding
2 521
4 386
-
-
social contributions
2 519
4 433
-
-
total
5 040
8 819
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 884
14 101
13 660
9 985
After tax
18 616
18 399
18 840
22 515
Living cost
10 389
10 389
10 389
10 389
Free-cash
8 227
8 010
8 451
12 126

Estimated living cost  is ₴10389 per week

₴7089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴850
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.
₴2242
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
₴6390
₴13512
₴5260
₴10301
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
-
-
-
32 500
income
-
-
-
4 027
pensions
-
-
-
6 500
health
-
-
-
4 225
total
-
-
-
14 752
Employee
14 667
-
24 291
-
unemployment
234
-
389
-
pensions
293
-
486
-
income
1 651
-
4 538
-
total
2 178
-
5 413
-
Employer
14 667
-
24 291
-
health
1 906
-
3 157
-
unemployment
118
-
194
-
pensions
2 934
-
4 858
-
total
4 958
-
8 209
-
Corporate
12 875
32 500
-
-
income
2 575
6 500
-
-
total
2 575
6 500
-
-
Dividends
10 300
26 000
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
9 711
6 500
13 622
14 752
After tax
22 789
26 000
18 878
17 748
Living cost
12 488
12 488
12 488
12 488
Free-cash
10 301
13 512
6 390
5 260

Estimated living cost  is ₴12488 per week

₴8566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴744
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.
₴2928
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
₴5566
-₴8776
₴11020
₴882
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
-
-
-
32 500
income
-
-
-
6 459
pensions
-
-
-
2 158
other
-
-
-
192
accident
-
-
-
131
health
-
-
-
1 131
total
-
-
-
10 071
Employee
17 947
-
26 998
-
pensions
2 021
-
3 040
-
health
2 055
-
3 091
-
income
2 462
-
3 892
-
total
6 538
-
10 023
-
Employer
17 947
-
26 998
-
accident
300
-
451
-
unemployment
440
-
661
-
pensions
2 918
-
4 390
-
total
3 658
-
5 502
-
Corporate
10 896
32 500
-
-
income

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

9 806
29 250
-
-
total
9 806
29 250
-
-
Dividends
1 090
3 250
-
-
withholding
207
617
-
-
total
207
617
-
-
Income
32 500
32 500
32 500
32 500
Total tax
20 209
29 867
15 525
10 071
After tax
12 291
2 633
16 975
22 429
Living cost
11 409
11 409
11 409
11 409
Free-cash
882
-8 776
5 566
11 020

Estimated living cost  is ₴11409 per week

₴8362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴632
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.
₴2177
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
₴21562
₴26437
₴27737
₴25605
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%.

-
-
-
32 500
microenterprise

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

-
-
-
325
total
-
-
-
325
Employee
5 548
-
32 500
-
income
1 109
-
6 500
-
total
1 109
-
6 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

26 952
32 500
-
-
total
-
-
-
-
Dividends
26 952
32 500
-
-
withholding
1 348
1 625
-
-
total
1 348
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 457
1 625
6 500
325
After tax
30 043
30 875
26 000
32 175
Living cost
4 438
4 438
4 438
4 438
Free-cash
25 605
26 437
21 562
27 737

Estimated living cost  is ₴4438 per week

₴2750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴122
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.
₴1197
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
₴5273
₴10101
₴3822
₴6610
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
-
-
-
32 500
income
-
-
-
4 129
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.

-
-
-
7 799
other
-
-
-
1 543
health
-
-
-
1 430
total
-
-
-
14 901
Employee
18 773
-
25 958
-
unemployment
187
-
260
-
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.

1 314
-
1 817
-
health
263
-
363
-
income
3 232
-
4 468
-
total
4 996
-
6 908
-
Employer
18 773
-
25 958
-
accident
150
-
208
-
other
939
-
1 298
-
health
263
-
363
-
unemployment
187
-
260
-
pensions

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

3 192
-
4 413
-
total
4 731
-
6 542
-
Corporate
8 996
32 500
-
-
income
1 889
6 825
-
-
total
1 889
6 825
-
-
Dividends
7 107
25 675
-
-
withholding
497
1 797
-
-
total
497
1 797
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 113
8 622
13 450
14 901
After tax
20 387
23 878
19 050
17 599
Living cost
13 777
13 777
13 777
13 777
Free-cash
6 610
10 101
5 273
3 822

Estimated living cost  is ₴13777 per week

₴9734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
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.
₴2891
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
-₴13679
-₴10303
-₴10302
-₴23250
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
-
-
-
32 500
income
-
-
-
6 088
pensions
-
-
-
2 060
total
-
-
-
8 148
Employee
49 030
-
28 934
-
pensions
4 730
-
2 319
-
health
808
-
396
-
income
8 838
-
5 244
-
total
14 376
-
7 959
-
Employer
49 030
-
28 934
-
health
931
-
550
-
pensions
5 789
-
3 016
-
total
6 720
-
3 566
-
Corporate
-
32 500
-
-
income

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

-
6 175
-
-
total
-
6 175
-
-
Dividends
-
26 325
-
-
withholding
-
1 974
-
-
total
-
1 974
-
-
Income
32 500
32 500
32 500
32 500
Total tax
21 096
8 149
11 525
8 148
After tax
11 404
24 351
20 975
24 352
Living cost
34 654
34 654
34 654
34 654
Free-cash
-23 250
-10 303
-13 679
-10 302

Estimated living cost  is ₴34654 per week

₴25967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4334
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
₴16474
₴20905
₴15846
₴18467
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
-
-
-
32 500
income
-
-
-
4 875
pensions

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

-
-
-
2 714
unemployment
-
-
-
73
health
-
-
-
2 109
total
-
-
-
9 771
Employee
9 114
-
28 902
-
pensions

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

800
-
1 610
-
health
419
-
843
-
accident

We are using the highest rate at 1.1%.

100
-
202
-
income
911
-
2 890
-
total
2 230
-
5 545
-
Employer
9 114
-
28 902
-
accident

We are using the highest rate at 1.1%.

100
-
202
-
health
629
-
1 265
-
unemployment
55
-
110
-
pensions

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

1 004
-
2 021
-
total
1 788
-
3 598
-
Corporate
21 598
32 500
-
-
income
2 160
3 250
-
-
total
2 160
3 250
-
-
Dividends
19 438
29 250
-
-
withholding
972
1 462
-
-
total
972
1 462
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 150
4 712
9 143
9 771
After tax
25 350
27 788
23 357
22 729
Living cost
6 883
6 883
6 883
6 883
Free-cash
18 467
20 905
16 474
15 846

Estimated living cost  is ₴6883 per week

₴4018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
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.
₴2191
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
-₴25852
-₴22950
-₴10114
-₴23828
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
-
-
-
32 500
income
-
-
-
3 106
pensions
-
-
-
5 850
health
-
-
-
4 988
total
-
-
-
13 944
Employee
47 935
44 153
44 153
-
pensions
6 058
6 058
7 947
-
health
5 980
5 764
6 777
-
income

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

7 227
7 227
7 227
-
total
19 265
19 049
21 951
-
Employer
47 935
44 153
44 153
-
health
3 331
3 069
3 069
-
unemployment
1 726
1 589
1 589
-
pensions
3 336
3 073
3 073
-
total
8 393
7 731
7 731
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
27 658
26 780
29 682
13 944
After tax
4 842
5 720
2 818
18 556
Living cost
28 670
28 670
28 670
28 670
Free-cash
-23 828
-22 950
-25 852
-10 114

Estimated living cost  is ₴28670 per week

₴21149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4632
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
₴3611
₴9493
₴2947
₴4898
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
-
-
-
32 500
income
-
-
-
2 793
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 490
health
-
-
-
4 387
total
-
-
-
16 670
Employee
18 945
-
24 254
-
social contributions
1 231
-
1 576
-
solidarity contribution
-
-
-
-
health
2 558
-
3 274
-
income
2 273
-
2 910
-
total
6 062
-
7 760
-
Employer
18 945
-
24 254
-
health
1 705
-
2 183
-
social contributions
4 736
-
6 063
-
total
6 441
-
8 246
-
Corporate
7 114
32 500
-
-
income
1 352
6 175
-
-
total
1 352
6 175
-
-
Dividends
5 762
26 325
-
-
withholding
864
3 949
-
-
total
864
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 719
10 124
16 006
16 670
After tax
17 781
22 376
16 494
15 830
Living cost
12 883
12 883
12 883
12 883
Free-cash
4 898
9 493
3 611
2 947

Estimated living cost  is ₴12883 per week

₴8948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2764
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
-₴5966
-₴4477
-₴4128
-₴13451
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
-
-
-
32 500
regional
-
-
-
330
social contributions
-
-
-
8 359
municipal
-
-
-
193
national
-
-
-
5 929
total
-
-
-
14 811
Employee
45 951
-
32 500
-
municipal
243
-
173
-
social contributions
15 495
-
10 959
-
regional
434
-
289
-
national
7 962
-
5 228
-
total
24 134
-
16 649
-
Employer
45 951
-
32 500
-
total
-
-
-
-
Corporate
-
32 500
-
-
nationa
-
7 800
-
-
municipal
-
1 268
-
-
total
-
9 068
-
-
Dividends
-
23 432
-
-
withholding
-
6 092
-
-
total
-
6 092
-
-
Income
32 500
32 500
32 500
32 500
Total tax
24 134
15 160
16 649
14 811
After tax
8 366
17 340
15 851
17 689
Living cost
21 817
21 817
21 817
21 817
Free-cash
-13 451
-4 477
-5 966
-4 128

Estimated living cost  is ₴21817 per week

₴15208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴335
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.
₴4843
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
₴6017
₴9033
₴6725
₴7424
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
-
-
-
32 500
income
-
-
-
5 071
pensions
-
-
-
6 500
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
2 307
surtax
-
-
-
370
total
-
-
-
14 366
Employee
17 098
-
26 848
-
unemployment
1 190
-
1 869
-
surtax
56
-
317
-
pensions
1 140
-
1 791
-
health
437
-
684
-
other
-
-
-
-
income
2 866
-
4 761
-
total
5 689
-
9 422
-
Employer
17 098
-
26 848
-
other
-
-
-
-
health
778
-
1 222
-
unemployment
542
-
851
-
pensions
2 279
-
3 579
-
total
3 599
-
5 652
-
Corporate
11 803
32 500
-
-
income
3 069
8 450
-
-
total
3 069
8 450
-
-
Dividends
8 734
24 050
-
-
withholding
1 310
3 608
-
-
total
1 310
3 608
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 667
12 058
15 074
14 366
After tax
18 833
20 442
17 426
18 134
Living cost
11 409
11 409
11 409
11 409
Free-cash
7 424
9 033
6 017
6 725

Estimated living cost  is ₴11409 per week

₴6976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3117
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
-₴2700
₴676
₴677
-₴4540
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
-
-
-
32 500
income
-
-
-
6 088
pensions
-
-
-
2 060
total
-
-
-
8 148
Employee
32 859
-
28 934
-
pensions
2 789
-
2 319
-
health
477
-
396
-
income
5 918
-
5 244
-
total
9 184
-
7 959
-
Employer
32 859
-
28 934
-
health
624
-
550
-
pensions
3 557
-
3 016
-
total
4 181
-
3 566
-
Corporate
-
32 500
-
-
income

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

-
6 175
-
-
total
-
6 175
-
-
Dividends
-
26 325
-
-
withholding
-
1 974
-
-
total
-
1 974
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 365
8 149
11 525
8 148
After tax
19 135
24 351
20 975
24 352
Living cost
23 675
23 675
23 675
23 675
Free-cash
-4 540
676
-2 700
677

Estimated living cost  is ₴23675 per week

₴17737
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.
₴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.
₴3915
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
-₴15513
-₴26527
-₴13857
-₴20548
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
-
-
-
32 500
regional
-
-
-
749
pensions
-
-
-
2 990
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.

-
-
-
650
city
-
-
-
342
health
-
-
-
135
national
-
-
-
102
total
-
-
-
4 968
Employee
48 436
-
29 089
-
city
520
-
313
-
unemployment
-
-
-
-
pensions
4 069
-
2 444
-
regional
1 586
-
626
-
health
109
-
66
-
national
229
-
84
-
total
6 513
-
3 533
-
Employer
48 436
-
29 089
-
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.

968
-
581
-
health
109
-
66
-
unemployment
-
-
-
-
pensions
4 069
-
2 444
-
total
5 146
-
3 091
-
Corporate
-
32 500
-
-
national
-
2 763
-
-
regional
-
6 873
-
-
total
-
9 636
-
-
Dividends
-
22 864
-
-
withholding
-
8 002
-
-
total
-
8 002
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 659
17 638
6 624
4 968
After tax
20 841
14 862
25 876
27 532
Living cost
41 389
41 389
41 389
41 389
Free-cash
-20 548
-26 527
-15 513
-13 857

Estimated living cost  is ₴41389 per week

₴26915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴508
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.
₴10252
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
₴971
-₴7533
-₴480
₴853
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.

-
-
-
32 500
income

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

-
-
-
4 086
trade
-
-
-
1 451
health

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

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

-
-
-
3 532
surtax

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

-
-
-
225
total
-
-
-
9 294
Employee

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

31 073
-
32 500
-
surtax

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

201
-
225
-
health

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

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

3 532
-
3 532
-
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.

3 654
-
4 086
-
total
7 387
-
7 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 427
32 500
-
-
income
214
4 875
-
-
trade
244
5 574
-
-
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.

12
268
-
-
chamber of commerce
80
125
-
-
total
550
10 842
-
-
Dividends
877
21 658
-
-
withholding
23
5 218
-
-
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.

1
287
-
-
total
24
5 505
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 961
16 347
7 843
9 294
After tax
24 539
16 153
24 657
23 206
Living cost
23 686
23 686
23 686
23 686
Free-cash
853
-7 533
971
-480

Estimated living cost  is ₴23686 per week

₴17299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4185
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
₴1944
-₴1310
₴1723
₴1745
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
-
-
-
32 500
income
-
-
-
1 594
pensions
-
-
-
9 278
social contributions
-
-
-
926
other
-
-
-
1 008
health
-
-
-
282
surtax
-
-
-
-
total
-
-
-
13 088
Employee
22 128
-
24 765
-
surtax
-
-
-
-
pensions
2 502
-
2 801
-
social contributions
631
-
705
-
income
1 306
-
1 625
-
total
4 439
-
5 131
-
Employer
22 128
-
24 765
-
other
763
-
855
-
health
1 549
-
1 734
-
unemployment
896
-
1 003
-
social contributions
67
-
75
-
pensions
3 635
-
4 069
-
total
6 910
-
7 736
-
Corporate
3 461
32 500
-
-
income
969
9 100
-
-
surtax
-
-
-
-
total
969
9 100
-
-
Dividends
2 492
23 400
-
-
withholding
319
2 996
-
-
surtax
-
-
-
-
social contributions
429
4 025
-
-
total
748
7 021
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 066
16 121
12 867
13 088
After tax
19 434
16 379
19 633
19 412
Living cost
17 689
17 689
17 689
17 689
Free-cash
1 745
-1 310
1 944
1 723

Estimated living cost  is ₴17689 per week

₴11154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4797
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
₴3696
₴442
₴3475
₴3317
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
-
-
-
32 500
income
-
-
-
1 594
pensions
-
-
-
9 278
social contributions
-
-
-
926
other
-
-
-
1 008
health
-
-
-
282
surtax
-
-
-
-
total
-
-
-
13 088
Employee
19 753
-
24 765
-
surtax
-
-
-
-
pensions
2 234
-
2 801
-
social contributions
563
-
705
-
income
1 018
-
1 625
-
total
3 815
-
5 131
-
Employer
19 753
-
24 765
-
other
682
-
855
-
health
1 382
-
1 734
-
unemployment
800
-
1 003
-
social contributions
59
-
75
-
pensions
3 246
-
4 069
-
total
6 169
-
7 736
-
Corporate
6 579
32 500
-
-
income
1 842
9 100
-
-
surtax
-
-
-
-
total
1 842
9 100
-
-
Dividends
4 737
23 400
-
-
withholding
606
2 996
-
-
surtax
-
-
-
-
social contributions
814
4 025
-
-
total
1 420
7 021
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 246
16 121
12 867
13 088
After tax
19 254
16 379
19 633
19 412
Living cost
15 937
15 937
15 937
15 937
Free-cash
3 317
442
3 696
3 475

Estimated living cost  is ₴15937 per week

₴9243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4773
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
₴8416
₴8864
₴9908
₴9131
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
-
-
-
32 500
income
-
-
-
4 875
social contributions
-
-
-
4 485
health
-
-
-
2 268
total
-
-
-
11 628
Employee
17 530
-
32 500
-
social contributions
2 420
-
4 485
-
health
1 224
-
2 268
-
income
2 924
-
6 367
-
total
6 568
-
13 120
-
Employer
17 530
-
32 500
-
total
-
-
-
-
Corporate
14 970
32 500
-
-
income

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

749
1 625
-
-
total
749
1 625
-
-
Dividends
14 221
30 875
-
-
withholding
2 133
4 631
-
-
health
993
2 155
-
-
social contributions
1 962
4 261
-
-
total
5 088
11 047
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 405
12 672
13 120
11 628
After tax
20 095
19 828
19 380
20 872
Living cost
10 964
10 964
10 964
10 964
Free-cash
9 131
8 864
8 416
9 908

Estimated living cost  is ₴10964 per week

₴7337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴2697
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
-₴6162
₴324
-₴446
-₴1367
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
-
-
-
32 500
income
-
-
-
2 826
pensions
-
-
-
6 013
unemployment
-
-
-
3 171
health
-
-
-
2 486
chamber of commerce
-
-
-
130
surtax
-
-
-
102
total
-
-
-
14 728
Employee
25 839
20 605
25 158
-
unemployment
775
618
755
-
pensions
2 646
2 110
2 577
-
health
1 000
798
973
-
other
258
206
251
-
income
2 942
1 520
2 746
-
total
7 621
5 252
7 302
-
Employer
25 839
20 605
25 158
-
surtax
102
102
102
-
accident
336
268
327
-
other
1 227
978
1 195
-
health
976
779
951
-
unemployment
775
618
755
-
chamber of commerce
103
82
101
-
payroll
775
618
755
-
pensions
3 243
2 586
3 157
-
total
7 537
6 031
7 343
-
Corporate
1 962
5 863
23 196
-
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.

491
1 466
5 799
-
total
491
1 466
5 799
-
Dividends
-
4 397
-
-
withholding
-
1 209
-
-
total
-
1 209
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 649
13 958
20 444
14 728
After tax
16 851
18 542
12 056
17 772
Living cost
18 218
18 218
18 218
18 218
Free-cash
-1 367
324
-6 162
-446

Estimated living cost  is ₴18218 per week

₴12151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4214
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
-₴5086
-₴555
-₴1806
-₴15251
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
-
-
-
32 500
communal

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

-
-
-
1 708
social contributions
-
-
-
4 033
national
-
-
-
9 713
total
-
-
-
15 454
Employee

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

36 984
-
25 171
-
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.

322
-
219
-
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.

2 774
-
1 888
-
communal

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

1 929
-
1 313
-
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.

1 738
-
1 183
-
national
11 370
-
6 802
-
total
18 133
-
11 405
-
Employer

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

36 984
-
25 171
-
surtax
4 194
-
2 855
-
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.

481
-
328
-
health

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

2 274
-
1 548
-
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.

540
-
368
-
pensions

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

3 277
-
2 230
-
total
10 766
-
7 329
-
Corporate
-
32 500
-
-
income
-
6 500
-
-
surtax
-
130
-
-
total
-
6 630
-
-
Dividends
-
25 870
-
-
withholding

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

-
7 573
-
-
total
-
7 573
-
-
Income
32 500
32 500
32 500
32 500
Total tax
28 899
14 203
18 734
15 454
After tax
3 601
18 297
13 766
17 046
Living cost
18 852
18 852
18 852
18 852
Free-cash
-15 251
-555
-5 086
-1 806

Estimated living cost  is ₴18852 per week

₴12143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4766
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
-₴717
₴3269
-₴946
-₴1440
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
-
-
-
32 500
income
-
-
-
5 025
pensions
-
-
-
9 197
other
-
-
-
32
unemployment
-
-
-
228
accident
-
-
-
292
total
-
-
-
14 774
Employee
25 737
-
24 644
-
unemployment
399
-
382
-
pensions
1 210
-
1 158
-
other
26
-
25
-
income
5 430
-
5 124
-
total
7 065
-
6 689
-
Employer
25 737
-
24 644
-
accident
509
-
488
-
other
205
-
197
-
unemployment
1 416
-
1 355
-
pensions
6 073
-
5 816
-
total
8 203
-
7 856
-
Corporate
-
32 500
-
-
income

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

-
4 875
-
-
total
-
4 875
-
-
Dividends
-
27 625
-
-
withholding
-
5 684
-
-
total
-
5 684
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 268
10 559
14 545
14 774
After tax
17 232
21 941
17 955
17 726
Living cost
18 672
18 672
18 672
18 672
Free-cash
-1 440
3 269
-717
-946

Estimated living cost  is ₴18672 per week

₴13750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3328
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
-₴6195
-₴7770
-₴6832
-₴11333
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
-
-
-
32 500
income
-
-
-
1 584
communal
-
-
-
-
pensions
-
-
-
5 200
accident
-
-
-
292
health
-
-
-
2 438
surtax
-
-
-
1 720
total
-
-
-
11 234
Employee
39 154
-
29 032
-
surtax
2 400
-
1 779
-
pensions
3 132
-
2 322
-
health
1 743
-
1 291
-
income
3 782
-
1 737
-
total
11 057
-
7 129
-
Employer
39 154
-
29 032
-
accident
352
-
261
-
health
1 194
-
885
-
pensions
3 132
-
2 322
-
total
4 678
-
3 468
-
Corporate
-
32 500
-
-
income
-
4 875
-
-
surtax
-
341
-
-
communal
-
2 194
-
-
total
-
7 410
-
-
Dividends
-
25 089
-
-
income
-
998
-
-
withholding
-
3 764
-
-
total
-
4 762
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 735
12 172
10 597
11 234
After tax
16 765
20 328
21 903
21 266
Living cost
28 098
28 098
28 098
28 098
Free-cash
-11 333
-7 770
-6 195
-6 832

Estimated living cost  is ₴28098 per week

₴21077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5020
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
₴5813
₴8829
₴6521
₴7185
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
-
-
-
32 500
income
-
-
-
5 071
pensions
-
-
-
6 500
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
2 307
surtax
-
-
-
370
total
-
-
-
14 366
Employee
17 412
-
26 848
-
unemployment
1 212
-
1 869
-
surtax
62
-
317
-
pensions
1 162
-
1 791
-
health
444
-
684
-
other
-
-
-
-
income
2 919
-
4 761
-
total
5 799
-
9 422
-
Employer
17 412
-
26 848
-
other
-
-
-
-
health
792
-
1 222
-
unemployment
552
-
851
-
pensions
2 321
-
3 579
-
total
3 665
-
5 652
-
Corporate
11 423
32 500
-
-
income
2 970
8 450
-
-
total
2 970
8 450
-
-
Dividends
8 453
24 050
-
-
withholding
1 268
3 608
-
-
total
1 268
3 608
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 702
12 058
15 074
14 366
After tax
18 798
20 442
17 426
18 134
Living cost
11 613
11 613
11 613
11 613
Free-cash
7 185
8 829
5 813
6 521

Estimated living cost  is ₴11613 per week

₴7011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3323
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
₴1775
₴3155
₴3601
₴2009
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
-
-
-
32 500
regional
-
-
-
490
social contributions
-
-
-
8 359
municipal
-
-
-
193
national
-
-
-
5 929
total
-
-
-
14 971
Employee
28 681
-
32 500
-
municipal
152
-
173
-
social contributions
9 671
-
10 959
-
regional
386
-
437
-
national
4 544
-
5 228
-
total
14 753
-
16 797
-
Employer
28 681
-
32 500
-
total
-
-
-
-
Corporate
3 819
32 500
-
-
nationa
916
7 800
-
-
municipal
189
1 615
-
-
total
1 105
9 415
-
-
Dividends
2 714
23 085
-
-
withholding
705
6 002
-
-
total
705
6 002
-
-
Income
32 500
32 500
32 500
32 500
Total tax
16 563
15 417
16 797
14 971
After tax
15 937
17 083
15 703
17 529
Living cost
13 928
13 928
13 928
13 928
Free-cash
2 009
3 155
1 775
3 601

Estimated living cost  is ₴13928 per week

₴8662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1411
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.
₴3617
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
₴619
₴6501
-₴45
₴839
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
-
-
-
32 500
income
-
-
-
2 793
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 490
health
-
-
-
4 387
total
-
-
-
16 670
Employee
23 345
-
24 254
-
social contributions
1 517
-
1 576
-
solidarity contribution
-
-
-
-
health
3 152
-
3 274
-
income
2 801
-
2 910
-
total
7 470
-
7 760
-
Employer
23 345
-
24 254
-
health
2 101
-
2 183
-
social contributions
5 836
-
6 063
-
total
7 937
-
8 246
-
Corporate
1 217
32 500
-
-
income
231
6 175
-
-
total
231
6 175
-
-
Dividends
986
26 325
-
-
withholding
148
3 949
-
-
total
148
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 786
10 124
16 006
16 670
After tax
16 714
22 376
16 494
15 830
Living cost
15 875
15 875
15 875
15 875
Free-cash
839
6 501
619
-45

Estimated living cost  is ₴15875 per week

₴11806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2915
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
-₴4414
₴2103
₴1379
₴1845
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
-
-
-
32 500
income
-
-
-
2 826
pensions
-
-
-
6 013
unemployment
-
-
-
3 171
health
-
-
-
2 486
chamber of commerce
-
-
-
130
surtax
-
-
-
-
total
-
-
-
14 626
Employee
22 601
20 605
25 236
-
unemployment
678
618
757
-
pensions
2 315
2 110
2 584
-
health
874
798
976
-
other
226
206
252
-
income
2 013
1 520
2 769
-
total
6 106
5 252
7 338
-
Employer
22 601
20 605
25 236
-
surtax
-
-
-
-
accident
293
268
328
-
other
1 073
978
1 199
-
health
855
779
954
-
unemployment
678
618
757
-
chamber of commerce
90
82
101
-
payroll
678
618
757
-
pensions
2 837
2 586
3 167
-
total
6 504
5 929
7 263
-
Corporate
3 395
5 965
23 274
-
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.

849
1 491
5 818
-
total
849
1 491
5 818
-
Dividends
2 546
4 474
-
-
withholding
701
1 230
-
-
total
701
1 230
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 160
13 902
20 419
14 626
After tax
18 340
18 598
12 081
17 874
Living cost
16 495
16 495
16 495
16 495
Free-cash
1 845
2 103
-4 414
1 379

Estimated living cost  is ₴16495 per week

₴9895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4621
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
₴19084
₴23959
₴25259
₴22662
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%.

-
-
-
32 500
microenterprise

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

-
-
-
325
total
-
-
-
325
Employee
8 645
-
32 500
-
income
1 729
-
6 500
-
total
1 729
-
6 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

23 855
32 500
-
-
total
-
-
-
-
Dividends
23 855
32 500
-
-
withholding
1 193
1 625
-
-
total
1 193
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 922
1 625
6 500
325
After tax
29 578
30 875
26 000
32 175
Living cost
6 916
6 916
6 916
6 916
Free-cash
22 662
23 959
19 084
25 259

Estimated living cost  is ₴6916 per week

₴4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴1714
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
₴2859
₴8509
₴3788
₴4183
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.

-
-
-
32 500
income
-
-
-
5 661
pensions
-
-
-
5 935
unemployment
-
-
-
49
health
-
-
-
3 199
total
-
-
-
14 844
Employee

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

22 863
-
28 121
-
unemployment
32
-
39
-
pensions
3 544
-
4 358
-
health
1 477
-
1 817
-
income
3 943
-
5 181
-
total
8 996
-
11 395
-
Employer

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

22 863
-
28 121
-
health
1 523
-
1 873
-
unemployment
14
-
17
-
pensions
2 023
-
2 488
-
total
3 560
-
4 378
-
Corporate
6 077
32 500
-
-
income
1 155
6 175
-
-
total
1 155
6 175
-
-
Dividends
4 922
26 325
-
-
withholding
738
3 948
-
-
total
738
3 948
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 449
10 123
15 773
14 844
After tax
18 051
22 377
16 727
17 656
Living cost
13 868
13 868
13 868
13 868
Free-cash
4 183
8 509
2 859
3 788

Estimated living cost  is ₴13868 per week

₴9517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3194
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
₴2225
-₴3428
-₴741
-₴47673
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
-
-
-
32 500
income
-
-
-
6 335
social contributions
-
-
-
3 705
total
-
-
-
10 040
Employee
33 266
-
-
-
social contributions
2 728
-
389
-
income
7 338
-
-
-
total
10 066
-
389
-
Employer
33 266
-
-
-
social contributions
46 906
-
6 685
-
total
46 906
-
6 685
-
Corporate
-
32 500
-
-
income
-
7 150
-
-
total
-
7 150
-
-
Dividends
-
25 350
-
-
income
-
5 577
-
-
total
-
5 577
-
-
Income
32 500
32 500
32 500
32 500
Total tax
56 972
12 727
7 074
10 040
After tax
-24 472
19 773
25 426
22 460
Living cost
23 201
23 201
23 201
23 201
Free-cash
-47 673
-3 428
2 225
-741

Estimated living cost  is ₴23201 per week

₴15053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5669
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
₴1436
₴2268
₴2429
₴1746
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.

-
-
-
32 500
income
-
-
-
2 559
social contributions

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

-
-
-
11 294
surtax
-
-
-
-
total
-
-
-
13 853
Employee
23 780
-
26 263
-
surtax
-
-
-
-
social contributions
2 616
-
2 889
-
income
4 946
-
5 720
-
total
7 562
-
8 609
-
Employer
23 780
-
26 263
-
social contributions
5 648
-
6 237
-
total
5 648
-
6 237
-
Corporate
3 073
32 500
-
-
income
646
6 825
-
-
surtax
-
-
-
-
total
646
6 825
-
-
Dividends
2 427
25 675
-
-
withholding
680
7 189
-
-
total
680
7 189
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 536
14 014
14 846
13 853
After tax
17 964
18 486
17 654
18 647
Living cost
16 218
16 218
16 218
16 218
Free-cash
1 746
2 268
1 436
2 429

Estimated living cost  is ₴16218 per week

₴12134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴2856
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
-₴5339
-₴8593
-₴5560
-₴9996
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
-
-
-
32 500
income
-
-
-
1 594
pensions
-
-
-
9 278
social contributions
-
-
-
926
other
-
-
-
1 008
health
-
-
-
282
surtax
-
-
-
-
total
-
-
-
13 088
Employee
32 383
-
24 765
-
surtax
-
-
-
-
pensions
3 663
-
2 801
-
social contributions
922
-
705
-
income
2 825
-
1 625
-
total
7 410
-
5 131
-
Employer
32 383
-
24 765
-
other
1 118
-
855
-
health
2 266
-
1 734
-
unemployment
1 312
-
1 003
-
social contributions
97
-
75
-
pensions
5 321
-
4 069
-
total
10 114
-
7 736
-
Corporate
-
32 500
-
-
income
-
9 100
-
-
surtax
-
-
-
-
total
-
9 100
-
-
Dividends
-
23 400
-
-
withholding
-
2 996
-
-
surtax
-
-
-
-
social contributions
-
4 025
-
-
total
-
7 021
-
-
Income
32 500
32 500
32 500
32 500
Total tax
17 524
16 121
12 867
13 088
After tax
14 976
16 379
19 633
19 412
Living cost
24 972
24 972
24 972
24 972
Free-cash
-9 996
-8 593
-5 339
-5 560

Estimated living cost  is ₴24972 per week

₴16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴342
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.
₴5686
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
₴10630
₴13708
₴9718
₴11971
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
-
-
-
32 500
income
-
-
-
90
social contributions
-
-
-
7 150
total
-
-
-
7 240
Employee
16 622
-
28 138
-
income
-
-
138
-
social contributions
1 080
-
1 829
-
total
1 080
-
1 967
-
Employer
16 622
-
28 138
-
social contributions
2 577
-
4 361
-
total
2 577
-
4 361
-
Corporate
13 301
32 500
-
-
income
1 330
3 250
-
-
total
1 330
3 250
-
-
Dividends
11 971
29 250
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
4 987
3 250
6 328
7 240
After tax
27 513
29 250
26 172
25 260
Living cost
15 542
15 542
15 542
15 542
Free-cash
11 971
13 708
10 630
9 718

Estimated living cost  is ₴15542 per week

₴10049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4029
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
-₴79946
-₴79946
-₴3943
-₴79946
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
-
-
-
32 500
pensions
-
-
-
447
labour market
-
-
-
2 564
municipal
-
-
-
5 421
national
-
-
-
3 156
total
-
-
-
11 588
Employee
104 909
104 909
104 909
-
municipal
22 340
22 340
22 340
-
labour market
8 381
8 381
8 381
-
pensions
149
149
149
-
national
12 816
12 816
12 816
-
total
43 686
43 686
43 686
-
Employer
104 909
104 909
104 909
-
municipal
22 375
22 375
22 375
-
national
12 839
12 839
12 839
-
labour market
8 393
8 393
8 393
-
pensions
298
298
298
-
total
43 905
43 905
43 905
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
87 591
87 591
87 591
11 588
After tax
-55 091
-55 091
-55 091
20 912
Living cost
24 855
24 855
24 855
24 855
Free-cash
-79 946
-79 946
-79 946
-3 943

Estimated living cost  is ₴24855 per week

₴17011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴382
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.
₴5263
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
₴5734
-₴8608
₴11188
₴908
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
-
-
-
32 500
income
-
-
-
6 459
pensions
-
-
-
2 158
other
-
-
-
192
accident
-
-
-
131
health
-
-
-
1 131
total
-
-
-
10 071
Employee
17 682
-
26 998
-
pensions
1 991
-
3 040
-
health
2 025
-
3 091
-
income
2 426
-
3 892
-
total
6 442
-
10 023
-
Employer
17 682
-
26 998
-
accident
295
-
451
-
unemployment
433
-
661
-
pensions
2 875
-
4 390
-
total
3 603
-
5 502
-
Corporate
11 214
32 500
-
-
income

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

10 093
29 250
-
-
total
10 093
29 250
-
-
Dividends
1 121
3 250
-
-
withholding
213
617
-
-
total
213
617
-
-
Income
32 500
32 500
32 500
32 500
Total tax
20 351
29 867
15 525
10 071
After tax
12 149
2 633
16 975
22 429
Living cost
11 241
11 241
11 241
11 241
Free-cash
908
-8 608
5 734
11 188

Estimated living cost  is ₴11241 per week

₴8182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2207
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
₴95
₴2507
₴4959
₴116
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

-
-
-
32 500
health
-
-
-
285
municipal
-
-
-
5 799
national
-
-
-
1 607
total
-
-
-
7 691
Employee
27 202
-
27 340
-
unemployment
408
-
410
-
municipal
4 455
-
4 478
-
pensions
1 836
-
1 846
-
health
203
-
205
-
national
449
-
456
-
total
7 351
-
7 395
-
Employer
27 202
-
27 340
-
accident
27
-
27
-
health
209
-
211
-
unemployment
177
-
178
-
pensions
4 719
-
4 744
-
total
5 132
-
5 160
-
Corporate
165
32 500
-
-
income
33
6 500
-
-
total
33
6 500
-
-
Dividends

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

99
19 500
-
-
municipal
18
3 510
-
-
national
-
133
-
-
total
18
3 643
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 534
10 143
12 555
7 691
After tax
19 966
22 357
19 945
24 809
Living cost
19 850
19 850
19 850
19 850
Free-cash
116
2 507
95
4 959

Estimated living cost  is ₴19850 per week

₴12966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
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.
₴4660
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
₴10597
₴8837
₴13137
₴9115
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
-
-
-
32 500
income
-
-
-
1 493
social contributions
-
-
-
5 070
health
-
-
-
829
total
-
-
-
7 392
Employee
39 757
39 757
39 757
-
social contributions
1 503
3 300
2 449
-
health
308
676
501
-
income
4 329
3 680
3 987
-
total
6 140
7 656
6 937
-
Employer
39 757
39 757
39 757
-
health
335
736
546
-
social contributions
1 503
3 300
2 449
-
total
1 838
4 036
2 995
-
Corporate
12 551
-
-
-
income
1 569
-
-
-
total
1 569
-
-
-
Dividends
10 982
-
-
-
withholding
1 867
-
-
-
total
1 867
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 414
11 692
9 932
7 392
After tax
21 086
20 808
22 568
25 108
Living cost
11 971
11 971
11 971
11 971
Free-cash
9 115
8 837
10 597
13 137

Estimated living cost  is ₴11971 per week

₴7174
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.
₴265
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.
₴3358
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
₴11904
₴18704
₴16293
₴16076
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
-
-
-
32 500
income
-
-
-
2 823
pensions
-
-
-
3 289
unemployment
-
-
-
15
health
-
-
-
1 871
total
-
-
-
7 998
Employee

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

11 868
-
29 465
-
unemployment
59
-
147
-
pensions
1 780
-
4 420
-
health
1 009
-
2 505
-
income
811
-
2 280
-
total
3 659
-
9 352
-
Employer

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

11 868
-
29 465
-
health
510
-
1 267
-
unemployment
59
-
147
-
pensions
652
-
1 621
-
total
1 221
-
3 035
-
Corporate
19 411
32 500
-
-
income
1 746
2 925
-
-
total
1 746
2 925
-
-
Dividends
17 664
29 575
-
-
withholding
1 589
2 662
-
-
total
1 589
2 662
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 215
5 587
12 387
7 998
After tax
24 285
26 913
20 113
24 502
Living cost
8 209
8 209
8 209
8 209
Free-cash
16 076
18 704
11 904
16 293

Estimated living cost  is ₴8209 per week

₴5237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
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.
₴2135
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
₴3737
₴7723
₴3508
₴5011
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
-
-
-
32 500
income
-
-
-
5 025
pensions
-
-
-
9 197
other
-
-
-
32
unemployment
-
-
-
228
accident
-
-
-
292
total
-
-
-
14 774
Employee
19 118
-
24 644
-
unemployment
296
-
382
-
pensions
899
-
1 158
-
other
19
-
25
-
income
3 686
-
5 124
-
total
4 900
-
6 689
-
Employer
19 118
-
24 644
-
accident
379
-
488
-
other
153
-
197
-
unemployment
1 052
-
1 355
-
pensions
4 511
-
5 816
-
total
6 095
-
7 856
-
Corporate
7 287
32 500
-
-
income

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

1 093
4 875
-
-
total
1 093
4 875
-
-
Dividends
6 194
27 625
-
-
withholding
1 183
5 684
-
-
total
1 183
5 684
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 271
10 559
14 545
14 774
After tax
19 229
21 941
17 955
17 726
Living cost
14 218
14 218
14 218
14 218
Free-cash
5 011
7 723
3 737
3 508

Estimated living cost  is ₴14218 per week

₴9597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3005
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
₴19593
₴19356
₴19658
₴19204
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
-
-
-
32 500
income
-
-
-
10 755
pensions
-
-
-
674
health
-
-
-
489
total
-
-
-
11 918
Employee
1 408
-
31 742
-
unemployment
14
-
34
-
pensions
127
-
303
-
health
70
-
169
-
income
272
-
10 719
-
total
483
-
11 225
-
Employer
1 408
-
31 742
-
health
134
-
320
-
unemployment
28
-
67
-
pensions
155
-
371
-
total
317
-
758
-
Corporate
30 776
32 500
-
-
income
6 771
7 150
-
-
total
6 771
7 150
-
-
Dividends
24 005
25 350
-
-
withholding
4 801
5 070
-
-
total
4 801
5 070
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 372
12 220
11 983
11 918
After tax
20 128
20 280
20 517
20 582
Living cost
924
924
924
924
Free-cash
19 204
19 356
19 593
19 658

Estimated living cost  is ₴924 per week

₴549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴75
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴21
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.
₴279
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
₴8473
₴14555
₴7075
₴12017
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.

-
-
-
32 500
income
-
-
-
4 214
pensions
-
-
-
8 450
unemployment
-
-
-
488
health
-
-
-
3 347
total
-
-
-
16 499
Employee

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

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

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

13 460
-
27 566
-
unemployment
101
-
207
-
pensions
1 884
-
3 859
-
health
693
-
1 420
-
income
1 855
-
4 680
-
total
4 533
-
10 166
-
Employer

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

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

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

13 460
-
27 566
-
health
693
-
1 420
-
unemployment
101
-
207
-
pensions
1 615
-
3 308
-
total
2 409
-
4 935
-
Corporate
16 631
32 500
-
-
income
2 495
4 875
-
-
total
2 495
4 875
-
-
Dividends
14 136
27 625
-
-
withholding
2 120
4 144
-
-
total
2 120
4 144
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 557
9 019
15 101
16 499
After tax
20 943
23 481
17 399
16 001
Living cost
8 926
8 926
8 926
8 926
Free-cash
12 017
14 555
8 473
7 075

Estimated living cost  is ₴8926 per week

₴6010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1967
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
₴3715
₴4547
₴4708
₴4360
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.

-
-
-
32 500
income
-
-
-
2 559
social contributions

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

-
-
-
11 294
surtax
-
-
-
-
total
-
-
-
13 853
Employee
20 067
-
26 263
-
surtax
-
-
-
-
social contributions
2 208
-
2 889
-
income
3 921
-
5 720
-
total
6 129
-
8 609
-
Employer
20 067
-
26 263
-
social contributions
4 766
-
6 237
-
total
4 766
-
6 237
-
Corporate
7 667
32 500
-
-
income
1 610
6 825
-
-
surtax
-
-
-
-
total
1 610
6 825
-
-
Dividends
6 057
25 675
-
-
withholding
1 696
7 189
-
-
total
1 696
7 189
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 201
14 014
14 846
13 853
After tax
18 299
18 486
17 654
18 647
Living cost
13 939
13 939
13 939
13 939
Free-cash
4 360
4 547
3 715
4 708

Estimated living cost  is ₴13939 per week

₴9873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
-₴216
₴3770
-₴445
-₴433
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
-
-
-
32 500
income
-
-
-
5 025
pensions
-
-
-
9 197
other
-
-
-
32
unemployment
-
-
-
228
accident
-
-
-
292
total
-
-
-
14 774
Employee
24 970
-
24 644
-
unemployment
387
-
382
-
pensions
1 173
-
1 158
-
other
25
-
25
-
income
5 215
-
5 124
-
total
6 800
-
6 689
-
Employer
24 970
-
24 644
-
accident
495
-
488
-
other
200
-
197
-
unemployment
1 374
-
1 355
-
pensions
5 893
-
5 816
-
total
7 962
-
7 856
-
Corporate
-
32 500
-
-
income

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

-
4 875
-
-
total
-
4 875
-
-
Dividends
-
27 625
-
-
withholding
-
5 684
-
-
total
-
5 684
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 762
10 559
14 545
14 774
After tax
17 738
21 941
17 955
17 726
Living cost
18 171
18 171
18 171
18 171
Free-cash
-433
3 770
-216
-445

Estimated living cost  is ₴18171 per week

₴13050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴14327
₴18758
₴13699
₴15559
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
-
-
-
32 500
income
-
-
-
4 875
pensions

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

-
-
-
2 714
unemployment
-
-
-
73
health
-
-
-
2 109
total
-
-
-
9 771
Employee
11 958
-
28 902
-
pensions

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

1 050
-
1 610
-
health
550
-
843
-
accident

We are using the highest rate at 1.1%.

131
-
202
-
income
1 196
-
2 890
-
total
2 927
-
5 545
-
Employer
11 958
-
28 902
-
accident

We are using the highest rate at 1.1%.

131
-
202
-
health
825
-
1 265
-
unemployment
72
-
110
-
pensions

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

1 318
-
2 021
-
total
2 346
-
3 598
-
Corporate
18 196
32 500
-
-
income
1 819
3 250
-
-
total
1 819
3 250
-
-
Dividends
16 377
29 250
-
-
withholding
819
1 462
-
-
total
819
1 462
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 911
4 712
9 143
9 771
After tax
24 589
27 788
23 357
22 729
Living cost
9 030
9 030
9 030
9 030
Free-cash
15 559
18 758
14 327
13 699

Estimated living cost  is ₴9030 per week

₴5973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2326
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
₴4696
-₴3138
₴3481
₴3626
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.

-
-
-
32 500
income

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

-
-
-
4 086
trade
-
-
-
1 215
health

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

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

-
-
-
3 532
surtax

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

-
-
-
225
total
-
-
-
9 058
Employee

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

25 726
-
32 500
-
surtax

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

117
-
225
-
health

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

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

3 532
-
3 532
-
income

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

2 115
-
4 086
-
total
5 764
-
7 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 774
32 500
-
-
income
1 016
4 875
-
-
trade
972
4 663
-
-
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.

56
268
-
-
chamber of commerce
88
127
-
-
total
2 132
9 933
-
-
Dividends
4 641
22 567
-
-
withholding
964
5 445
-
-
surtax

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

53
299
-
-
total
1 017
5 744
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 913
15 677
7 843
9 058
After tax
23 587
16 823
24 657
23 442
Living cost
19 961
19 961
19 961
19 961
Free-cash
3 626
-3 138
4 696
3 481

Estimated living cost  is ₴19961 per week

₴13770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3754
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
-₴4319
-₴6702
-₴4319
-₴7944
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
-
-
-
32 500
income
-
-
-
4 881
social contributions
-
-
-
2 486
total
-
-
-
7 367
Employee
40 444
-
32 500
-
income
7 632
-
4 881
-
social contributions
3 360
-
2 486
-
total
10 992
-
7 367
-
Employer
40 444
-
32 500
-
total
-
-
-
-
Corporate
-
32 500
-
-
income
-
4 062
-
-
total
-
4 062
-
-
Dividends
-
28 438
-
-
withholding
-
5 688
-
-
total
-
5 688
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 992
9 750
7 367
7 367
After tax
21 508
22 750
25 133
25 133
Living cost
29 452
29 452
29 452
29 452
Free-cash
-7 944
-6 702
-4 319
-4 319

Estimated living cost  is ₴29452 per week

₴22407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4364
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
₴4802
-₴375
-₴4226
₴2621
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.

-
-
-
32 500
income
-
-
-
14 718
health

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

-
-
-
3 240
total
-
-
-
17 958
Employee
23 718
-
30 122
-
income
2 574
-
4 174
-
social contributions
2 376
-
2 378
-
total
4 950
-
6 552
-
Employer
23 718
-
30 122
-
social contributions
2 376
-
2 378
-
total
2 376
-
2 378
-
Corporate
6 405
32 500
-
-
income
2 242
11 375
-
-
total
2 242
11 375
-
-
Dividends
4 163
21 125
-
-
social contributions
1 543
2 732
-
-
total
1 543
2 732
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 111
14 107
8 930
17 958
After tax
21 389
18 393
23 570
14 542
Living cost
18 768
18 768
18 768
18 768
Free-cash
2 621
-375
4 802
-4 226

Estimated living cost  is ₴18768 per week

₴12363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4638
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
₴1728
₴5104
₴5105
₴2181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
6 088
pensions
-
-
-
2 060
total
-
-
-
8 148
Employee
26 419
-
28 934
-
pensions
2 016
-
2 319
-
health
345
-
396
-
income
4 811
-
5 244
-
total
7 172
-
7 959
-
Employer
26 419
-
28 934
-
health
502
-
550
-
pensions
2 669
-
3 016
-
total
3 171
-
3 566
-
Corporate
2 910
32 500
-
-
income

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

552
6 175
-
-
total
552
6 175
-
-
Dividends
2 357
26 325
-
-
withholding
177
1 974
-
-
total
177
1 974
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 072
8 149
11 525
8 148
After tax
21 428
24 351
20 975
24 352
Living cost
19 247
19 247
19 247
19 247
Free-cash
2 181
5 104
1 728
5 105

Estimated living cost  is ₴19247 per week

₴13203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4032
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
₴4621
-₴9721
₴10075
₴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
-
-
-
32 500
income
-
-
-
6 459
pensions
-
-
-
2 158
other
-
-
-
192
accident
-
-
-
131
health
-
-
-
1 131
total
-
-
-
10 071
Employee
19 433
-
26 998
-
pensions
2 188
-
3 040
-
health
2 225
-
3 091
-
income
2 666
-
3 892
-
total
7 079
-
10 023
-
Employer
19 433
-
26 998
-
accident
325
-
451
-
unemployment
476
-
661
-
pensions
3 160
-
4 390
-
total
3 961
-
5 502
-
Corporate
9 107
32 500
-
-
income

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

8 197
29 250
-
-
total
8 197
29 250
-
-
Dividends
911
3 250
-
-
withholding
173
617
-
-
total
173
617
-
-
Income
32 500
32 500
32 500
32 500
Total tax
19 410
29 867
15 525
10 071
After tax
13 090
2 633
16 975
22 429
Living cost
12 354
12 354
12 354
12 354
Free-cash
736
-9 721
4 621
10 075

Estimated living cost  is ₴12354 per week

₴9066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2319
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
₴12116
₴20653
₴12116
₴18144
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.

-
-
-
32 500
income
-
-
-
4 475
pensions
-
-
-
5 980
unemployment
-
-
-
390
health insurance
-
-
-
2 405
work injury
-
-
-
162
total
-
-
-
13 412
Employee

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

11 155
-
32 500
-
unemployment
134
-
390
-
work injury
56
-
162
-
pensions
2 052
-
5 980
-
health insurance
825
-
2 405
-
income
1 115
-
4 475
-
total
4 182
-
13 412
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 345
32 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
21 345
32 500
-
-
withholding
3 202
4 875
-
-
total
3 202
4 875
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 384
4 875
13 412
13 412
After tax
25 116
27 625
19 088
19 088
Living cost
6 972
6 972
6 972
6 972
Free-cash
18 144
20 653
12 116
12 116

Estimated living cost  is ₴6972 per week

₴4319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
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.
₴1929
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
-₴4919
-₴3479
-₴3114
-₴11069
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
-
-
-
32 500
regional
-
-
-
512
social contributions
-
-
-
8 359
municipal
-
-
-
217
national
-
-
-
5 929
total
-
-
-
15 017
Employee
43 568
-
32 500
-
municipal
260
-
194
-
social contributions
14 691
-
10 959
-
regional
658
-
441
-
national
7 363
-
5 228
-
total
22 972
-
16 822
-
Employer
43 568
-
32 500
-
total
-
-
-
-
Corporate
-
32 500
-
-
nationa
-
7 800
-
-
municipal
-
1 567
-
-
total
-
9 367
-
-
Dividends
-
23 133
-
-
withholding
-
6 015
-
-
total
-
6 015
-
-
Income
32 500
32 500
32 500
32 500
Total tax
22 972
15 382
16 822
15 017
After tax
9 528
17 118
15 678
17 483
Living cost
20 597
20 597
20 597
20 597
Free-cash
-11 069
-3 479
-4 919
-3 114

Estimated living cost  is ₴20597 per week

₴14468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4401
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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