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
₴9083
₴929
₴7725
₴6612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 509
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.

-
-
-
4 124
surtax

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

-
-
-
227
trade
-
-
-
1 358
total
-
-
-
9 218
Employee

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

19 645
-
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
-
227
-
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.

549
-
4 124
-
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.

3 509
-
3 509
-
total
4 088
-
7 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 855
32 500
-
-
chamber of commerce
96
125
-
-
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.

106
268
-
-
trade
2 024
5 119
-
-
income
1 928
4 875
-
-
total
4 154
10 387
-
-
Dividends
8 699
22 114
-
-
surtax

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

109
293
-
-
withholding
1 980
5 334
-
-
total
2 089
5 627
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 331
16 014
7 860
9 218
After tax
22 169
16 486
24 640
23 282
Living cost
15 557
15 557
15 557
15 557
Free-cash
6 612
929
9 083
7 725

Estimated living cost  is ₴15557 per week

₴9786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6447
-₴6701
-₴6702
-₴13121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
349
pensions
-
-
-
3 900
national
-
-
-
4 845
municipal
-
-
-
3 127
total
-
-
-
12 221
Employee
41 826
-
28 096
-
municipal
5 166
-
3 252
-
national
8 005
-
5 040
-
pensions
1 673
-
1 124
-
total
14 844
-
9 416
-
Employer
41 826
-
28 096
-
pensions
3 346
-
2 248
-
social contributions
450
-
302
-
total
3 796
-
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
18 640
12 220
11 966
12 221
After tax
13 860
20 280
20 534
20 279
Living cost
26 981
26 981
26 981
26 981
Free-cash
-13 121
-6 701
-6 447
-6 702

Estimated living cost  is ₴26981 per week

₴18339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7848
₴15314
₴15322
₴11101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 617
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
4 875
total
-
-
-
6 492
Employee
15 009
-
26 191
-
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.

1 651
-
2 881
-
income
2 672
-
4 776
-
total
4 323
-
7 657
-
Employer
15 009
-
26 191
-
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.

3 615
-
6 309
-
total
3 615
-
6 309
-
Corporate
13 876
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%.

2 775
6 500
-
-
total
2 775
6 500
-
-
Dividends

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

11 101
26 000
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 713
6 500
13 966
6 492
After tax
21 787
26 000
18 534
26 008
Living cost
10 686
10 686
10 686
10 686
Free-cash
11 101
15 314
7 848
15 322

Estimated living cost  is ₴10686 per week

₴6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18504
-₴15621
-₴2964
-₴18504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 990
income
-
-
-
3 108
pensions
-
-
-
5 849
total
-
-
-
13 947
Employee
43 862
43 862
43 862
-
income

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

7 179
7 179
7 179
-
pensions
7 895
6 018
7 895
-
health
6 732
5 726
6 732
-
total
21 806
18 923
21 806
-
Employer
43 862
43 862
43 862
-
unemployment
1 579
1 579
1 579
-
health
3 049
3 049
3 049
-
pensions
3 053
3 053
3 053
-
total
7 681
7 681
7 681
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
29 487
26 604
29 487
13 947
After tax
3 013
5 896
3 013
18 553
Living cost
21 517
21 517
21 517
21 517
Free-cash
-18 504
-15 621
-18 504
-2 964

Estimated living cost  is ₴21517 per week

₴15248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1940
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.
₴3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3845
-₴3456
-₴5001
-₴7202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
3 777
health
-
-
-
2 028
accident
-
-
-
65
pensions
-
-
-
3 513
national
-
-
-
-
unemployment
-
-
-
33
municipal
-
-
-
6 884
total
-
-
-
16 300
Employee
30 210
-
24 730
-
municipal
9 009
-
7 374
-
national
-
-
-
-
total
9 009
-
7 374
-
Employer
30 210
-
24 730
-
other
3 510
-
2 874
-
unemployment
798
-
653
-
health
1 858
-
1 521
-
accident
60
-
49
-
pensions
3 266
-
2 673
-
total
9 492
-
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
18 501
14 755
15 144
16 300
After tax
13 999
17 745
17 356
16 200
Living cost
21 201
21 201
21 201
21 201
Free-cash
-7 202
-3 456
-3 845
-5 001

Estimated living cost  is ₴21201 per week

₴14051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4462
-₴3858
₴3044
₴3359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 509
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.

-
-
-
4 124
surtax

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

-
-
-
227
trade
-
-
-
1 418
total
-
-
-
9 278
Employee

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

26 047
-
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.

123
-
227
-
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.

2 238
-
4 124
-
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.

3 509
-
3 509
-
total
5 870
-
7 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 453
32 500
-
-
chamber of commerce
87
124
-
-
surtax

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

54
268
-
-
trade
1 061
5 346
-
-
income
968
4 875
-
-
total
2 170
10 613
-
-
Dividends
4 283
21 887
-
-
surtax

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

48
290
-
-
withholding
875
5 277
-
-
total
923
5 567
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 963
16 180
7 860
9 278
After tax
23 537
16 320
24 640
23 222
Living cost
20 178
20 178
20 178
20 178
Free-cash
3 359
-3 858
4 462
3 044

Estimated living cost  is ₴20178 per week

₴13495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
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.
₴4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5941
₴4225
₴8422
₴5109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
5 070
health
-
-
-
829
income
-
-
-
1 519
total
-
-
-
7 418
Employee
39 496
39 496
39 496
-
social contributions
1 919
3 278
2 448
-
income
4 147
3 656
3 955
-
health
393
672
502
-
total
6 459
7 606
6 905
-
Employer
39 496
39 496
39 496
-
health
428
731
546
-
social contributions
1 919
3 278
2 448
-
total
2 347
4 009
2 994
-
Corporate
7 034
-
-
-
income
879
-
-
-
total
879
-
-
-
Dividends
6 155
-
-
-
withholding
1 046
-
-
-
total
1 046
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 731
11 615
9 899
7 418
After tax
21 769
20 885
22 601
25 082
Living cost
16 660
16 660
16 660
16 660
Free-cash
5 109
4 225
5 941
8 422

Estimated living cost  is ₴16660 per week

₴11389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9254
₴8797
₴12929
₴8996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 275
income
-
-
-
3 973
pensions
-
-
-
3 250
unemployment
-
-
-
487
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.

13 838
5 507
27 197
-
income
1 692
673
3 325
-
pensions
1 384
551
2 720
-
health
969
386
1 904
-
unemployment
208
83
408
-
total
4 253
1 693
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.

13 838
5 507
27 197
-
pensions
2 698
1 074
5 303
-
total
2 698
1 074
5 303
-
Corporate
15 964
25 919
-
-
income
1 437
2 333
-
-
total
1 437
2 333
-
-
Dividends
14 527
23 586
-
-
social contributions
2 770
4 536
-
-
withholding
2 760
4 481
-
-
total
5 530
9 017
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 918
14 117
13 660
9 985
After tax
18 582
18 383
18 840
22 515
Living cost
9 586
9 586
9 586
9 586
Free-cash
8 996
8 797
9 254
12 929

Estimated living cost  is ₴9586 per week

₴6542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴192
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6454
₴13594
₴5324
₴10404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 225
income
-
-
-
4 045
pensions
-
-
-
6 500
total
-
-
-
14 770
Employee
14 571
-
24 290
-
income
1 640
-
4 556
-
pensions
291
-
485
-
unemployment
233
-
389
-
total
2 164
-
5 430
-
Employer
14 571
-
24 290
-
unemployment
117
-
194
-
health
1 894
-
3 158
-
pensions
2 914
-
4 858
-
total
4 925
-
8 210
-
Corporate
13 004
32 500
-
-
income
2 601
6 500
-
-
total
2 601
6 500
-
-
Dividends
10 403
26 000
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
9 690
6 500
13 640
14 770
After tax
22 810
26 000
18 860
17 730
Living cost
12 406
12 406
12 406
12 406
Free-cash
10 404
13 594
6 454
5 324

Estimated living cost  is ₴12406 per week

₴8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5606
-₴8724
₴11072
₴891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
6 477
pensions
-
-
-
2 148
total
-
-
-
10 072
Employee
17 863
-
26 998
-
income
2 451
-
3 905
-
pensions
2 011
-
3 040
-
health
2 045
-
3 091
-
total
6 507
-
10 036
-
Employer
17 863
-
26 998
-
unemployment
438
-
661
-
accident
298
-
451
-
pensions
2 905
-
4 390
-
total
3 641
-
5 502
-
Corporate
10 996
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.

9 896
29 250
-
-
total
9 896
29 250
-
-
Dividends
1 100
3 250
-
-
withholding
209
618
-
-
total
209
618
-
-
Income
32 500
32 500
32 500
32 500
Total tax
20 253
29 868
15 538
10 072
After tax
12 247
2 632
16 962
22 428
Living cost
11 356
11 356
11 356
11 356
Free-cash
891
-8 724
5 606
11 072

Estimated living cost  is ₴11356 per week

₴8323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21744
₴26619
₴27919
₴25821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 320
-
32 500
-
income
1 064
-
6 500
-
total
1 064
-
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%.

27 180
32 500
-
-
total
-
-
-
-
Dividends
27 180
32 500
-
-
withholding
1 359
1 625
-
-
total
1 359
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 423
1 625
6 500
325
After tax
30 077
30 875
26 000
32 175
Living cost
4 256
4 256
4 256
4 256
Free-cash
25 821
26 619
21 744
27 919

Estimated living cost  is ₴4256 per week

₴2638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5364
₴10192
₴3911
₴6724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 544
health
-
-
-
1 430
income
-
-
-
4 128
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.

-
-
-
7 801
total
-
-
-
14 903
Employee
18 649
-
25 958
-
income
3 211
-
4 468
-
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.

1 305
-
1 817
-
health
261
-
364
-
unemployment
186
-
259
-
total
4 963
-
6 908
-
Employer
18 649
-
25 958
-
other
933
-
1 298
-
unemployment
186
-
259
-
health
261
-
364
-
accident
149
-
208
-
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.

3 171
-
4 413
-
total
4 700
-
6 542
-
Corporate
9 151
32 500
-
-
income
1 921
6 825
-
-
total
1 921
6 825
-
-
Dividends
7 229
25 675
-
-
withholding
506
1 797
-
-
total
506
1 797
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 090
8 622
13 450
14 903
After tax
20 410
23 878
19 050
17 597
Living cost
13 686
13 686
13 686
13 686
Free-cash
6 724
10 192
5 364
3 911

Estimated living cost  is ₴13686 per week

₴9670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13047
-₴9640
-₴9652
-₴22183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 085
pensions
-
-
-
2 076
total
-
-
-
8 161
Employee
48 092
-
28 918
-
income
8 669
-
5 236
-
health
792
-
400
-
pensions
4 640
-
2 338
-
total
14 101
-
7 974
-
Employer
48 092
-
28 918
-
health
913
-
550
-
pensions
5 678
-
3 032
-
total
6 591
-
3 582
-
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
20 692
8 149
11 556
8 161
After tax
11 808
24 351
20 944
24 339
Living cost
33 991
33 991
33 991
33 991
Free-cash
-22 183
-9 640
-13 047
-9 652

Estimated living cost  is ₴33991 per week

₴25470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴16903
₴21137
₴16243
₴18780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 038
income
-
-
-
4 875
pensions

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

-
-
-
2 622
unemployment
-
-
-
71
total
-
-
-
9 606
Employee
8 807
-
29 024
-
income
881
-
2 903
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

773
-
1 556
-
health
405
-
815
-
total
2 156
-
5 469
-
Employer
8 807
-
29 024
-
unemployment
53
-
106
-
health
608
-
1 223
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

971
-
1 953
-
total
1 729
-
3 477
-
Corporate
21 965
32 500
-
-
income
2 196
3 250
-
-
total
2 196
3 250
-
-
Dividends
19 769
29 250
-
-
withholding
988
1 462
-
-
total
988
1 462
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 069
4 712
8 946
9 606
After tax
25 431
27 788
23 554
22 894
Living cost
6 651
6 651
6 651
6 651
Free-cash
18 780
21 137
16 903
16 243

Estimated living cost  is ₴6651 per week

₴3883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴25469
-₴22586
-₴9929
-₴23458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 990
income
-
-
-
3 108
pensions
-
-
-
5 849
total
-
-
-
13 947
Employee
47 620
43 862
43 862
-
income

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

7 179
7 179
7 179
-
pensions
6 018
6 018
7 895
-
health
5 941
5 726
6 732
-
total
19 138
18 923
21 806
-
Employer
47 620
43 862
43 862
-
unemployment
1 715
1 579
1 579
-
health
3 309
3 049
3 049
-
pensions
3 314
3 053
3 053
-
total
8 338
7 681
7 681
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
27 476
26 604
29 487
13 947
After tax
5 024
5 896
3 013
18 553
Living cost
28 482
28 482
28 482
28 482
Free-cash
-23 458
-22 586
-25 469
-9 929

Estimated living cost  is ₴28482 per week

₴21010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3832
₴9715
₴3169
₴5199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
9 490
health
-
-
-
4 387
income
-
-
-
2 793
solidarity contribution
-
-
-
-
total
-
-
-
16 670
Employee
18 619
-
24 254
-
social contributions
1 210
-
1 577
-
solidarity contribution
-
-
-
-
income
2 234
-
2 910
-
health
2 514
-
3 274
-
total
5 958
-
7 761
-
Employer
18 619
-
24 254
-
health
1 676
-
2 183
-
social contributions
4 655
-
6 063
-
total
6 331
-
8 246
-
Corporate
7 550
32 500
-
-
income
1 434
6 175
-
-
total
1 434
6 175
-
-
Dividends
6 115
26 325
-
-
withholding
917
3 949
-
-
total
917
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 640
10 124
16 007
16 670
After tax
17 860
22 376
16 493
15 830
Living cost
12 661
12 661
12 661
12 661
Free-cash
5 199
9 715
3 832
3 169

Estimated living cost  is ₴12661 per week

₴8795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
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.
₴2717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5825
-₴4333
-₴3988
-₴13149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
8 359
national
-
-
-
5 933
regional
-
-
-
330
municipal
-
-
-
193
total
-
-
-
14 815
Employee
45 648
-
32 500
-
social contributions
15 393
-
10 959
-
municipal
242
-
173
-
national
7 910
-
5 231
-
regional
431
-
289
-
total
23 976
-
16 652
-
Employer
45 648
-
32 500
-
total
-
-
-
-
Corporate
-
32 500
-
-
nationa
-
7 800
-
-
municipal
-
1 267
-
-
total
-
9 067
-
-
Dividends
-
23 433
-
-
withholding
-
6 093
-
-
total
-
6 093
-
-
Income
32 500
32 500
32 500
32 500
Total tax
23 976
15 160
16 652
14 815
After tax
8 524
17 340
15 848
17 685
Living cost
21 673
21 673
21 673
21 673
Free-cash
-13 149
-4 333
-5 825
-3 988

Estimated living cost  is ₴21673 per week

₴15108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6077
₴9109
₴6784
₴7509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
2 308
income
-
-
-
5 082
pensions
-
-
-
6 500
surtax
-
-
-
375
unemployment
-
-
-
117
total
-
-
-
14 382
Employee
16 985
-
26 849
-
surtax
56
-
322
-
income
2 847
-
4 772
-
other
-
-
-
-
pensions
1 133
-
1 791
-
health
434
-
684
-
unemployment
1 182
-
1 869
-
total
5 652
-
9 438
-
Employer
16 985
-
26 849
-
other
-
-
-
-
unemployment
538
-
851
-
health
773
-
1 221
-
pensions
2 264
-
3 579
-
total
3 575
-
5 651
-
Corporate
11 939
32 500
-
-
income
3 104
8 450
-
-
total
3 104
8 450
-
-
Dividends
8 835
24 050
-
-
withholding
1 326
3 607
-
-
total
1 326
3 607
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 657
12 057
15 089
14 382
After tax
18 843
20 443
17 411
18 118
Living cost
11 334
11 334
11 334
11 334
Free-cash
7 509
9 109
6 077
6 784

Estimated living cost  is ₴11334 per week

₴6930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2278
₴1129
₴1117
-₴3832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 085
pensions
-
-
-
2 076
total
-
-
-
8 161
Employee
32 230
-
28 918
-
income
5 805
-
5 236
-
health
468
-
400
-
pensions
2 736
-
2 338
-
total
9 009
-
7 974
-
Employer
32 230
-
28 918
-
health
612
-
550
-
pensions
3 489
-
3 032
-
total
4 101
-
3 582
-
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
13 110
8 149
11 556
8 161
After tax
19 390
24 351
20 944
24 339
Living cost
23 222
23 222
23 222
23 222
Free-cash
-3 832
1 129
-2 278
1 117

Estimated living cost  is ₴23222 per week

₴17398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴15345
-₴26359
-₴13692
-₴20334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
134
pensions
-
-
-
2 990
city
-
-
-
342
national
-
-
-
103
regional
-
-
-
753
total
-
-
-
4 972
Employee
48 238
-
29 089
-
national
228
-
84
-
city
518
-
312
-
pensions
4 053
-
2 443
-
health
109
-
66
-
regional
1 580
-
629
-
unemployment
-
-
-
-
total
6 488
-
3 534
-
Employer
48 238
-
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.

964
-
582
-
unemployment
-
-
-
-
health
109
-
66
-
pensions
4 053
-
2 443
-
total
5 126
-
3 091
-
Corporate
-
32 500
-
-
regional
-
6 874
-
-
national
-
2 762
-
-
total
-
9 636
-
-
Dividends
-
22 864
-
-
withholding
-
8 003
-
-
total
-
8 003
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 614
17 639
6 625
4 972
After tax
20 886
14 861
25 875
27 528
Living cost
41 220
41 220
41 220
41 220
Free-cash
-20 334
-26 359
-15 345
-13 692

Estimated living cost  is ₴41220 per week

₴26805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴10210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴1110
-₴7378
-₴369
₴951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 509
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.

-
-
-
4 124
surtax

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

-
-
-
227
trade
-
-
-
1 479
total
-
-
-
9 339
Employee

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

30 868
-
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.

200
-
227
-
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.

3 630
-
4 124
-
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.

3 509
-
3 509
-
total
7 339
-
7 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 632
32 500
-
-
chamber of commerce
80
124
-
-
surtax

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

14
268
-
-
trade
280
5 573
-
-
income
245
4 875
-
-
total
619
10 840
-
-
Dividends
1 014
21 660
-
-
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.

3
288
-
-
withholding
58
5 220
-
-
total
61
5 508
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 019
16 348
7 860
9 339
After tax
24 481
16 152
24 640
23 161
Living cost
23 530
23 530
23 530
23 530
Free-cash
951
-7 378
1 110
-369

Estimated living cost  is ₴23530 per week

₴17185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2052
-₴1194
₴1837
₴1844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 008
social contributions
-
-
-
926
health
-
-
-
281
income
-
-
-
1 604
pensions
-
-
-
9 271
surtax
-
-
-
-
total
-
-
-
13 090
Employee
21 983
-
24 766
-
surtax
-
-
-
-
social contributions
627
-
706
-
income
1 297
-
1 634
-
pensions
2 486
-
2 801
-
total
4 410
-
5 141
-
Employer
21 983
-
24 766
-
other
758
-
855
-
unemployment
890
-
1 003
-
health
1 539
-
1 734
-
pensions
3 611
-
4 068
-
social contributions
66
-
74
-
total
6 864
-
7 734
-
Corporate
3 653
32 500
-
-
surtax
-
-
-
-
income
1 022
9 100
-
-
total
1 022
9 100
-
-
Dividends
2 630
23 400
-
-
social contributions
451
4 026
-
-
surtax
-
-
-
-
withholding
336
2 995
-
-
total
787
7 021
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 083
16 121
12 875
13 090
After tax
19 417
16 379
19 625
19 410
Living cost
17 573
17 573
17 573
17 573
Free-cash
1 844
-1 194
2 052
1 837

Estimated living cost  is ₴17573 per week

₴11080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
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.
₴4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3793
₴547
₴3578
₴3404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
other
-
-
-
1 008
social contributions
-
-
-
926
health
-
-
-
281
income
-
-
-
1 604
pensions
-
-
-
9 271
surtax
-
-
-
-
total
-
-
-
13 090
Employee
19 623
-
24 766
-
surtax
-
-
-
-
social contributions
559
-
706
-
income
1 012
-
1 634
-
pensions
2 219
-
2 801
-
total
3 790
-
5 141
-
Employer
19 623
-
24 766
-
other
677
-
855
-
unemployment
794
-
1 003
-
health
1 373
-
1 734
-
pensions
3 224
-
4 068
-
social contributions
58
-
74
-
total
6 126
-
7 734
-
Corporate
6 749
32 500
-
-
surtax
-
-
-
-
income
1 890
9 100
-
-
total
1 890
9 100
-
-
Dividends
4 859
23 400
-
-
social contributions
836
4 026
-
-
surtax
-
-
-
-
withholding
622
2 995
-
-
total
1 458
7 021
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 264
16 121
12 875
13 090
After tax
19 236
16 379
19 625
19 410
Living cost
15 832
15 832
15 832
15 832
Free-cash
3 404
547
3 793
3 578

Estimated living cost  is ₴15832 per week

₴9182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴8481
₴8938
₴9981
₴9204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
4 485
health
-
-
-
2 268
income
-
-
-
4 875
total
-
-
-
11 628
Employee
17 415
-
32 500
-
social contributions
2 404
-
4 485
-
income
2 905
-
6 375
-
health
1 215
-
2 268
-
total
6 524
-
13 128
-
Employer
17 415
-
32 500
-
total
-
-
-
-
Corporate
15 085
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%.

754
1 625
-
-
total
754
1 625
-
-
Dividends
14 330
30 875
-
-
social contributions
1 978
4 260
-
-
withholding
2 149
4 631
-
-
health
1 000
2 155
-
-
total
5 127
11 046
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 405
12 671
13 128
11 628
After tax
20 095
19 829
19 372
20 872
Living cost
10 891
10 891
10 891
10 891
Free-cash
9 204
8 938
8 481
9 981

Estimated living cost  is ₴10891 per week

₴7289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴672
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.
₴2679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6071
₴437
-₴341
-₴1141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 486
income
-
-
-
2 863
chamber of commerce
-
-
-
130
pensions
-
-
-
6 013
surtax
-
-
-
101
unemployment
-
-
-
3 150
total
-
-
-
14 743
Employee
25 669
20 469
25 158
-
income
2 922
1 510
2 776
-
other
256
205
251
-
pensions
2 629
2 096
2 576
-
health
993
792
974
-
unemployment
770
614
754
-
total
7 570
5 217
7 331
-
Employer
25 669
20 469
25 158
-
other
1 219
972
1 195
-
unemployment
770
614
754
-
health
970
774
951
-
surtax
101
101
101
-
accident
333
266
328
-
pensions
3 221
2 569
3 157
-
payroll
770
614
754
-
chamber of commerce
102
82
100
-
total
7 486
5 992
7 340
-
Corporate
1 949
6 039
23 209
-
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.

487
1 510
5 802
-
total
487
1 510
5 802
-
Dividends
-
4 529
-
-
withholding
-
1 246
-
-
total
-
1 246
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 543
13 965
20 473
14 743
After tax
16 957
18 535
12 027
17 757
Living cost
18 098
18 098
18 098
18 098
Free-cash
-1 141
437
-6 071
-341

Estimated living cost  is ₴18098 per week

₴12071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1544
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.
₴4186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4974
-₴431
-₴1711
-₴14936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
4 051
communal

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

-
-
-
1 707
national
-
-
-
9 725
total
-
-
-
15 483
Employee

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

36 740
-
25 174
-
national
11 295
-
6 817
-
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.

2 756
-
1 888
-
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.

1 726
-
1 183
-
communal

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

1 916
-
1 313
-
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.

320
-
219
-
total
18 013
-
11 420
-
Employer

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

36 740
-
25 174
-
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.

536
-
367
-
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.

2 259
-
1 548
-
surtax
4 166
-
2 854
-
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.

478
-
327
-
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.

3 256
-
2 230
-
total
10 695
-
7 326
-
Corporate
-
32 500
-
-
surtax
-
130
-
-
income
-
6 500
-
-
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
28 708
14 203
18 746
15 483
After tax
3 792
18 297
13 754
17 017
Living cost
18 728
18 728
18 728
18 728
Free-cash
-14 936
-431
-4 974
-1 711

Estimated living cost  is ₴18728 per week

₴12063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴604
₴3391
-₴834
-₴1218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
32
accident
-
-
-
292
income
-
-
-
5 037
pensions
-
-
-
9 197
unemployment
-
-
-
227
total
-
-
-
14 785
Employee
25 567
-
24 642
-
income
5 395
-
5 135
-
other
25
-
24
-
pensions
1 202
-
1 158
-
unemployment
397
-
382
-
total
7 019
-
6 699
-
Employer
25 567
-
24 642
-
other
204
-
198
-
unemployment
1 407
-
1 355
-
accident
506
-
488
-
pensions
6 033
-
5 815
-
total
8 150
-
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
-
5 685
-
-
total
-
5 685
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 169
10 560
14 555
14 785
After tax
17 331
21 940
17 945
17 715
Living cost
18 549
18 549
18 549
18 549
Free-cash
-1 218
3 391
-604
-834

Estimated living cost  is ₴18549 per week

₴13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6030
-₴7589
-₴6666
-₴11043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 438
accident
-
-
-
292
income
-
-
-
1 603
pensions
-
-
-
5 200
communal
-
-
-
-
surtax
-
-
-
1 720
total
-
-
-
11 253
Employee
38 897
-
29 031
-
surtax
2 384
-
1 779
-
income
3 757
-
1 755
-
pensions
3 111
-
2 323
-
health
1 731
-
1 291
-
total
10 983
-
7 148
-
Employer
38 897
-
29 031
-
health
1 186
-
885
-
accident
350
-
261
-
pensions
3 111
-
2 323
-
total
4 647
-
3 469
-
Corporate
-
32 500
-
-
surtax
-
341
-
-
income
-
4 875
-
-
communal
-
2 194
-
-
total
-
7 410
-
-
Dividends
-
25 090
-
-
income
-
1 003
-
-
withholding
-
3 763
-
-
total
-
4 766
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 630
12 176
10 617
11 253
After tax
16 870
20 324
21 883
21 247
Living cost
27 913
27 913
27 913
27 913
Free-cash
-11 043
-7 589
-6 030
-6 666

Estimated living cost  is ₴27913 per week

₴20939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1691
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.
₴4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5874
₴8906
₴6581
₴7270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
2 308
income
-
-
-
5 082
pensions
-
-
-
6 500
surtax
-
-
-
375
unemployment
-
-
-
117
total
-
-
-
14 382
Employee
17 297
-
26 849
-
surtax
61
-
322
-
income
2 900
-
4 772
-
other
-
-
-
-
pensions
1 154
-
1 791
-
health
442
-
684
-
unemployment
1 204
-
1 869
-
total
5 761
-
9 438
-
Employer
17 297
-
26 849
-
other
-
-
-
-
unemployment
549
-
851
-
health
787
-
1 221
-
pensions
2 306
-
3 579
-
total
3 642
-
5 651
-
Corporate
11 561
32 500
-
-
income
3 006
8 450
-
-
total
3 006
8 450
-
-
Dividends
8 555
24 050
-
-
withholding
1 284
3 607
-
-
total
1 284
3 607
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 693
12 057
15 089
14 382
After tax
18 807
20 443
17 411
18 118
Living cost
11 537
11 537
11 537
11 537
Free-cash
7 270
8 906
5 874
6 581

Estimated living cost  is ₴11537 per week

₴6965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1864
₴3247
₴3689
₴2105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
8 359
national
-
-
-
5 933
regional
-
-
-
490
municipal
-
-
-
193
total
-
-
-
14 975
Employee
28 492
-
32 500
-
social contributions
9 608
-
10 959
-
municipal
151
-
173
-
national
4 514
-
5 231
-
regional
384
-
437
-
total
14 657
-
16 800
-
Employer
28 492
-
32 500
-
total
-
-
-
-
Corporate
4 008
32 500
-
-
nationa
962
7 800
-
-
municipal
199
1 615
-
-
total
1 161
9 415
-
-
Dividends
2 847
23 085
-
-
withholding
741
6 002
-
-
total
741
6 002
-
-
Income
32 500
32 500
32 500
32 500
Total tax
16 559
15 417
16 800
14 975
After tax
15 941
17 083
15 700
17 525
Living cost
13 836
13 836
13 836
13 836
Free-cash
2 105
3 247
1 864
3 689

Estimated living cost  is ₴13836 per week

₴8605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴891
₴6774
₴228
₴1210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
9 490
health
-
-
-
4 387
income
-
-
-
2 793
solidarity contribution
-
-
-
-
total
-
-
-
16 670
Employee
22 944
-
24 254
-
social contributions
1 491
-
1 577
-
solidarity contribution
-
-
-
-
income
2 753
-
2 910
-
health
3 097
-
3 274
-
total
7 341
-
7 761
-
Employer
22 944
-
24 254
-
health
2 065
-
2 183
-
social contributions
5 736
-
6 063
-
total
7 801
-
8 246
-
Corporate
1 755
32 500
-
-
income
333
6 175
-
-
total
333
6 175
-
-
Dividends
1 422
26 325
-
-
withholding
213
3 949
-
-
total
213
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 688
10 124
16 007
16 670
After tax
16 812
22 376
16 493
15 830
Living cost
15 602
15 602
15 602
15 602
Free-cash
1 210
6 774
891
228

Estimated living cost  is ₴15602 per week

₴11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4339
₴2204
₴1471
₴1949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 486
income
-
-
-
2 863
chamber of commerce
-
-
-
130
pensions
-
-
-
6 013
surtax
-
-
-
-
unemployment
-
-
-
3 150
total
-
-
-
14 642
Employee
22 452
20 469
25 235
-
income
2 000
1 510
2 797
-
other
224
205
252
-
pensions
2 299
2 096
2 584
-
health
868
792
977
-
unemployment
674
614
757
-
total
6 065
5 217
7 367
-
Employer
22 452
20 469
25 235
-
other
1 066
972
1 199
-
unemployment
674
614
757
-
health
849
774
954
-
surtax
-
-
-
-
accident
291
266
328
-
pensions
2 818
2 569
3 167
-
payroll
674
614
757
-
chamber of commerce
90
82
101
-
total
6 462
5 891
7 263
-
Corporate
3 586
6 140
23 286
-
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.

897
1 535
5 822
-
total
897
1 535
5 822
-
Dividends
2 690
4 605
-
-
withholding
740
1 266
-
-
total
740
1 266
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 164
13 909
20 452
14 642
After tax
18 336
18 591
12 048
17 858
Living cost
16 387
16 387
16 387
16 387
Free-cash
1 949
2 204
-4 339
1 471

Estimated living cost  is ₴16387 per week

₴9830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1674
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.
₴4591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19367
₴24242
₴25542
₴22998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
8 291
-
32 500
-
income
1 658
-
6 500
-
total
1 658
-
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%.

24 209
32 500
-
-
total
-
-
-
-
Dividends
24 209
32 500
-
-
withholding
1 211
1 625
-
-
total
1 211
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 869
1 625
6 500
325
After tax
29 631
30 875
26 000
32 175
Living cost
6 633
6 633
6 633
6 633
Free-cash
22 998
24 242
19 367
25 542

Estimated living cost  is ₴6633 per week

₴4488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴278
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.
₴1643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2933
₴8599
₴3865
₴4303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 198
income
-
-
-
5 676
pensions
-
-
-
5 935
unemployment
-
-
-
49
total
-
-
-
14 858
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.

22 713
-
28 122
-
income
3 917
-
5 197
-
pensions
3 521
-
4 359
-
health
1 467
-
1 817
-
unemployment
32
-
39
-
total
8 937
-
11 412
-
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.

22 713
-
28 122
-
unemployment
14
-
17
-
health
1 513
-
1 873
-
pensions
2 010
-
2 488
-
total
3 537
-
4 378
-
Corporate
6 251
32 500
-
-
income
1 187
6 175
-
-
total
1 187
6 175
-
-
Dividends
5 064
26 325
-
-
withholding
759
3 949
-
-
total
759
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 420
10 124
15 790
14 858
After tax
18 080
22 376
16 710
17 642
Living cost
13 777
13 777
13 777
13 777
Free-cash
4 303
8 599
2 933
3 865

Estimated living cost  is ₴13777 per week

₴9455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴2221
-₴3431
-₴744
-₴47683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
3 705
income
-
-
-
6 335
total
-
-
-
10 040
Employee
33 271
-
-
-
social contributions
2 728
-
389
-
income
7 339
-
-
-
total
10 067
-
389
-
Employer
33 271
-
-
-
social contributions
46 912
-
6 686
-
total
46 912
-
6 686
-
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
56 979
12 727
7 075
10 040
After tax
-24 479
19 773
25 425
22 460
Living cost
23 204
23 204
23 204
23 204
Free-cash
-47 683
-3 431
2 221
-744

Estimated living cost  is ₴23204 per week

₴15055
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.
₴5670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1527
₴2375
₴2528
₴1858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
11 294
income
-
-
-
2 567
surtax
-
-
-
-
total
-
-
-
13 861
Employee
23 623
-
26 263
-
surtax
-
-
-
-
social contributions
2 599
-
2 889
-
income
4 914
-
5 736
-
total
7 513
-
8 625
-
Employer
23 623
-
26 263
-
social contributions
5 610
-
6 237
-
total
5 610
-
6 237
-
Corporate
3 267
32 500
-
-
surtax
-
-
-
-
income
686
6 825
-
-
total
686
6 825
-
-
Dividends
2 580
25 675
-
-
withholding
722
7 189
-
-
total
722
7 189
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 531
14 014
14 862
13 861
After tax
17 969
18 486
17 638
18 639
Living cost
16 111
16 111
16 111
16 111
Free-cash
1 858
2 375
1 527
2 528

Estimated living cost  is ₴16111 per week

₴12054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴950
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.
₴2837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5183
-₴8429
-₴5398
-₴9717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 008
social contributions
-
-
-
926
health
-
-
-
281
income
-
-
-
1 604
pensions
-
-
-
9 271
surtax
-
-
-
-
total
-
-
-
13 090
Employee
32 170
-
24 766
-
surtax
-
-
-
-
social contributions
916
-
706
-
income
2 807
-
1 634
-
pensions
3 639
-
2 801
-
total
7 362
-
5 141
-
Employer
32 170
-
24 766
-
other
1 110
-
855
-
unemployment
1 303
-
1 003
-
health
2 252
-
1 734
-
pensions
5 286
-
4 068
-
social contributions
96
-
74
-
total
10 047
-
7 734
-
Corporate
-
32 500
-
-
surtax
-
-
-
-
income
-
9 100
-
-
total
-
9 100
-
-
Dividends
-
23 400
-
-
social contributions
-
4 026
-
-
surtax
-
-
-
-
withholding
-
2 995
-
-
total
-
7 021
-
-
Income
32 500
32 500
32 500
32 500
Total tax
17 409
16 121
12 875
13 090
After tax
15 091
16 379
19 625
19 410
Living cost
24 808
24 808
24 808
24 808
Free-cash
-9 717
-8 429
-5 183
-5 398

Estimated living cost  is ₴24808 per week

₴16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10723
₴13810
₴9814
₴12084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
97
social contributions
-
-
-
7 149
total
-
-
-
7 246
Employee
16 513
-
28 138
-
income
-
-
146
-
social contributions
1 073
-
1 829
-
total
1 073
-
1 975
-
Employer
16 513
-
28 138
-
social contributions
2 560
-
4 362
-
total
2 560
-
4 362
-
Corporate
13 428
32 500
-
-
income
1 343
3 250
-
-
total
1 343
3 250
-
-
Dividends
12 085
29 250
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
4 976
3 250
6 337
7 246
After tax
27 524
29 250
26 163
25 254
Living cost
15 440
15 440
15 440
15 440
Free-cash
12 084
13 810
10 723
9 814

Estimated living cost  is ₴15440 per week

₴9983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴79255
-₴79255
-₴3802
-₴79255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
2 564
pensions
-
-
-
445
national
-
-
-
3 160
municipal
-
-
-
5 430
total
-
-
-
11 599
Employee
104 264
104 264
104 264
-
labour market
8 329
8 329
8 329
-
municipal
22 202
22 202
22 202
-
national
12 738
12 738
12 738
-
pensions
148
148
148
-
total
43 417
43 417
43 417
-
Employer
104 264
104 264
104 264
-
national
12 760
12 760
12 760
-
labour market
8 341
8 341
8 341
-
pensions
296
296
296
-
municipal
22 238
22 238
22 238
-
total
43 635
43 635
43 635
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
87 052
87 052
87 052
11 599
After tax
-54 552
-54 552
-54 552
20 901
Living cost
24 703
24 703
24 703
24 703
Free-cash
-79 255
-79 255
-79 255
-3 802

Estimated living cost  is ₴24703 per week

₴16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5774
-₴8556
₴11240
₴916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
6 477
pensions
-
-
-
2 148
total
-
-
-
10 072
Employee
17 600
-
26 998
-
income
2 415
-
3 905
-
pensions
1 982
-
3 040
-
health
2 015
-
3 091
-
total
6 412
-
10 036
-
Employer
17 600
-
26 998
-
unemployment
431
-
661
-
accident
294
-
451
-
pensions
2 862
-
4 390
-
total
3 587
-
5 502
-
Corporate
11 313
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.

10 182
29 250
-
-
total
10 182
29 250
-
-
Dividends
1 131
3 250
-
-
withholding
215
618
-
-
total
215
618
-
-
Income
32 500
32 500
32 500
32 500
Total tax
20 396
29 868
15 538
10 072
After tax
12 104
2 632
16 962
22 428
Living cost
11 188
11 188
11 188
11 188
Free-cash
916
-8 556
5 774
11 240

Estimated living cost  is ₴11188 per week

₴8144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴218
₴2630
₴5061
₴262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
287
national
-
-
-
1 633
municipal
-
-
-
5 799
total
-
-
-
7 719
Employee
27 023
-
27 341
-
municipal
4 426
-
4 478
-
national
446
-
463
-
pensions
1 824
-
1 845
-
health
202
-
207
-
unemployment
405
-
410
-
total
7 303
-
7 403
-
Employer
27 023
-
27 341
-
unemployment
175
-
177
-
health
208
-
211
-
accident
27
-
27
-
pensions
4 688
-
4 744
-
total
5 098
-
5 159
-
Corporate
378
32 500
-
-
income
76
6 500
-
-
total
76
6 500
-
-
Dividends

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

227
19 500
-
-
national
-
140
-
-
municipal
41
3 510
-
-
total
41
3 650
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 518
10 150
12 562
7 719
After tax
19 982
22 350
19 938
24 781
Living cost
19 720
19 720
19 720
19 720
Free-cash
262
2 630
218
5 061

Estimated living cost  is ₴19720 per week

₴12881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10709
₴8993
₴13190
₴9212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
5 070
health
-
-
-
829
income
-
-
-
1 519
total
-
-
-
7 418
Employee
39 496
39 496
39 496
-
social contributions
1 493
3 278
2 448
-
income
4 300
3 656
3 955
-
health
306
672
502
-
total
6 099
7 606
6 905
-
Employer
39 496
39 496
39 496
-
health
332
731
546
-
social contributions
1 493
3 278
2 448
-
total
1 825
4 009
2 994
-
Corporate
12 683
-
-
-
income
1 585
-
-
-
total
1 585
-
-
-
Dividends
11 098
-
-
-
withholding
1 887
-
-
-
total
1 887
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 396
11 615
9 899
7 418
After tax
21 104
20 885
22 601
25 082
Living cost
11 892
11 892
11 892
11 892
Free-cash
9 212
8 993
10 709
13 190

Estimated living cost  is ₴11892 per week

₴7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1167
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.
₴3335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11958
₴18758
₴16376
₴16147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 859
income
-
-
-
2 828
pensions
-
-
-
3 267
unemployment
-
-
-
15
total
-
-
-
7 969
Employee

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

11 790
-
29 465
-
income
806
-
2 282
-
pensions
1 768
-
4 419
-
health
1 002
-
2 504
-
unemployment
58
-
147
-
total
3 634
-
9 352
-
Employer

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

11 790
-
29 465
-
unemployment
58
-
147
-
health
507
-
1 267
-
pensions
648
-
1 621
-
total
1 213
-
3 035
-
Corporate
19 497
32 500
-
-
income
1 754
2 925
-
-
total
1 754
2 925
-
-
Dividends
17 742
29 575
-
-
withholding
1 597
2 662
-
-
total
1 597
2 662
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 198
5 587
12 387
7 969
After tax
24 302
26 913
20 113
24 531
Living cost
8 155
8 155
8 155
8 155
Free-cash
16 147
18 758
11 958
16 376

Estimated living cost  is ₴8155 per week

₴5203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3821
₴7816
₴3591
₴5122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
32
accident
-
-
-
292
income
-
-
-
5 037
pensions
-
-
-
9 197
unemployment
-
-
-
227
total
-
-
-
14 785
Employee
18 992
-
24 642
-
income
3 661
-
5 135
-
other
19
-
24
-
pensions
893
-
1 158
-
unemployment
294
-
382
-
total
4 867
-
6 699
-
Employer
18 992
-
24 642
-
other
152
-
198
-
unemployment
1 045
-
1 355
-
accident
376
-
488
-
pensions
4 482
-
5 815
-
total
6 055
-
7 856
-
Corporate
7 453
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.

1 118
4 875
-
-
total
1 118
4 875
-
-
Dividends
6 335
27 625
-
-
withholding
1 214
5 685
-
-
total
1 214
5 685
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 254
10 560
14 555
14 785
After tax
19 246
21 940
17 945
17 715
Living cost
14 124
14 124
14 124
14 124
Free-cash
5 122
7 816
3 821
3 591

Estimated living cost  is ₴14124 per week

₴9534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
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.
₴2986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19554
₴19333
₴19622
₴19178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
501
income
-
-
-
10 739
pensions
-
-
-
691
total
-
-
-
11 931
Employee
1 443
-
31 723
-
income
279
-
10 703
-
pensions
130
-
311
-
health
72
-
173
-
unemployment
14
-
35
-
total
495
-
11 222
-
Employer
1 443
-
31 723
-
unemployment
29
-
69
-
health
137
-
328
-
pensions
159
-
380
-
total
325
-
777
-
Corporate
30 733
32 500
-
-
income
6 761
7 150
-
-
total
6 761
7 150
-
-
Dividends
23 972
25 350
-
-
withholding
4 794
5 070
-
-
total
4 794
5 070
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 375
12 220
11 999
11 931
After tax
20 125
20 280
20 501
20 569
Living cost
947
947
947
947
Free-cash
19 178
19 333
19 554
19 622

Estimated living cost  is ₴947 per week

₴563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8523
₴14610
₴7126
₴12087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 347
income
-
-
-
4 219
pensions
-
-
-
8 450
unemployment
-
-
-
487
total
-
-
-
16 503
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.

13 378
-
27 566
-
income
1 844
-
4 685
-
pensions
1 873
-
3 859
-
health
689
-
1 420
-
unemployment
100
-
207
-
total
4 506
-
10 171
-
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.

13 378
-
27 566
-
unemployment
100
-
207
-
health
689
-
1 420
-
pensions
1 605
-
3 308
-
total
2 394
-
4 935
-
Corporate
16 728
32 500
-
-
income
2 509
4 875
-
-
total
2 509
4 875
-
-
Dividends
14 219
27 625
-
-
withholding
2 133
4 144
-
-
total
2 133
4 144
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 542
9 019
15 106
16 503
After tax
20 958
23 481
17 394
15 997
Living cost
8 871
8 871
8 871
8 871
Free-cash
12 087
14 610
8 523
7 126

Estimated living cost  is ₴8871 per week

₴5973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴3791
₴4639
₴4792
₴4455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
11 294
income
-
-
-
2 567
surtax
-
-
-
-
total
-
-
-
13 861
Employee
19 935
-
26 263
-
surtax
-
-
-
-
social contributions
2 193
-
2 889
-
income
3 895
-
5 736
-
total
6 088
-
8 625
-
Employer
19 935
-
26 263
-
social contributions
4 734
-
6 237
-
total
4 734
-
6 237
-
Corporate
7 831
32 500
-
-
surtax
-
-
-
-
income
1 644
6 825
-
-
total
1 644
6 825
-
-
Dividends
6 186
25 675
-
-
withholding
1 732
7 189
-
-
total
1 732
7 189
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 198
14 014
14 862
13 861
After tax
18 302
18 486
17 638
18 639
Living cost
13 847
13 847
13 847
13 847
Free-cash
4 455
4 639
3 791
4 792

Estimated living cost  is ₴13847 per week

₴9808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴106
₴3889
-₴336
-₴215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
32
accident
-
-
-
292
income
-
-
-
5 037
pensions
-
-
-
9 197
unemployment
-
-
-
227
total
-
-
-
14 785
Employee
24 806
-
24 642
-
income
5 181
-
5 135
-
other
24
-
24
-
pensions
1 166
-
1 158
-
unemployment
384
-
382
-
total
6 755
-
6 699
-
Employer
24 806
-
24 642
-
other
199
-
198
-
unemployment
1 365
-
1 355
-
accident
491
-
488
-
pensions
5 854
-
5 815
-
total
7 909
-
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
-
5 685
-
-
total
-
5 685
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 664
10 560
14 555
14 785
After tax
17 836
21 940
17 945
17 715
Living cost
18 051
18 051
18 051
18 051
Free-cash
-215
3 889
-106
-336

Estimated living cost  is ₴18051 per week

₴12964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴14827
₴19061
₴14167
₴15969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 038
income
-
-
-
4 875
pensions

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

-
-
-
2 622
unemployment
-
-
-
71
total
-
-
-
9 606
Employee
11 555
-
29 024
-
income
1 156
-
2 903
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 014
-
1 556
-
health
532
-
815
-
total
2 829
-
5 469
-
Employer
11 555
-
29 024
-
unemployment
69
-
106
-
health
797
-
1 223
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 273
-
1 953
-
total
2 266
-
3 477
-
Corporate
18 678
32 500
-
-
income
1 868
3 250
-
-
total
1 868
3 250
-
-
Dividends
16 810
29 250
-
-
withholding
841
1 462
-
-
total
841
1 462
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 804
4 712
8 946
9 606
After tax
24 696
27 788
23 554
22 894
Living cost
8 727
8 727
8 727
8 727
Free-cash
15 969
19 061
14 827
14 167

Estimated living cost  is ₴8727 per week

₴5772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴2247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4810
-₴3009
₴3573
₴3710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 509
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.

-
-
-
4 124
surtax

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

-
-
-
227
trade
-
-
-
1 237
total
-
-
-
9 097
Employee

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

25 556
-
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.

116
-
227
-
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.

2 101
-
4 124
-
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.

3 509
-
3 509
-
total
5 726
-
7 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 944
32 500
-
-
chamber of commerce
88
126
-
-
surtax

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

58
268
-
-
trade
996
4 664
-
-
income
1 042
4 875
-
-
total
2 184
9 933
-
-
Dividends
4 760
22 568
-
-
surtax

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

55
299
-
-
withholding
995
5 447
-
-
total
1 050
5 746
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 960
15 679
7 860
9 097
After tax
23 540
16 821
24 640
23 403
Living cost
19 830
19 830
19 830
19 830
Free-cash
3 710
-3 009
4 810
3 573

Estimated living cost  is ₴19830 per week

₴13679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4144
-₴6509
-₴4144
-₴7678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 892
social contributions
-
-
-
2 493
total
-
-
-
7 385
Employee
40 177
-
32 500
-
income
7 581
-
4 892
-
social contributions
3 338
-
2 493
-
total
10 919
-
7 385
-
Employer
40 177
-
32 500
-
total
-
-
-
-
Corporate
-
32 500
-
-
income
-
4 063
-
-
total
-
4 063
-
-
Dividends
-
28 437
-
-
withholding
-
5 687
-
-
total
-
5 687
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 919
9 750
7 385
7 385
After tax
21 581
22 750
25 115
25 115
Living cost
29 259
29 259
29 259
29 259
Free-cash
-7 678
-6 509
-4 144
-4 144

Estimated living cost  is ₴29259 per week

₴22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4929
-₴234
-₴3931
₴2741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 621
health

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

-
-
-
3 165
total
-
-
-
17 786
Employee
23 562
-
30 137
-
income
2 557
-
4 200
-
social contributions
2 361
-
2 363
-
total
4 918
-
6 563
-
Employer
23 562
-
30 137
-
social contributions
2 361
-
2 363
-
total
2 361
-
2 363
-
Corporate
6 577
32 500
-
-
income
2 302
11 375
-
-
total
2 302
11 375
-
-
Dividends
4 275
21 125
-
-
social contributions
1 533
2 714
-
-
total
1 533
2 714
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 114
14 089
8 926
17 786
After tax
21 386
18 411
23 574
14 714
Living cost
18 645
18 645
18 645
18 645
Free-cash
2 741
-234
4 929
-3 931

Estimated living cost  is ₴18645 per week

₴12281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2066
₴5473
₴5461
₴2604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 085
pensions
-
-
-
2 076
total
-
-
-
8 161
Employee
25 913
-
28 918
-
income
4 719
-
5 236
-
health
338
-
400
-
pensions
1 978
-
2 338
-
total
7 035
-
7 974
-
Employer
25 913
-
28 918
-
health
493
-
550
-
pensions
2 618
-
3 032
-
total
3 111
-
3 582
-
Corporate
3 476
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.

660
6 175
-
-
total
660
6 175
-
-
Dividends
2 816
26 325
-
-
withholding
212
1 974
-
-
total
212
1 974
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 018
8 149
11 556
8 161
After tax
21 482
24 351
20 944
24 339
Living cost
18 878
18 878
18 878
18 878
Free-cash
2 604
5 473
2 066
5 461

Estimated living cost  is ₴18878 per week

₴12951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴4666
-₴9664
₴10132
₴746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
6 477
pensions
-
-
-
2 148
total
-
-
-
10 072
Employee
19 342
-
26 998
-
income
2 654
-
3 905
-
pensions
2 178
-
3 040
-
health
2 215
-
3 091
-
total
7 047
-
10 036
-
Employer
19 342
-
26 998
-
unemployment
474
-
661
-
accident
323
-
451
-
pensions
3 145
-
4 390
-
total
3 942
-
5 502
-
Corporate
9 216
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.

8 294
29 250
-
-
total
8 294
29 250
-
-
Dividends
922
3 250
-
-
withholding
175
618
-
-
total
175
618
-
-
Income
32 500
32 500
32 500
32 500
Total tax
19 458
29 868
15 538
10 072
After tax
13 042
2 632
16 962
22 428
Living cost
12 296
12 296
12 296
12 296
Free-cash
746
-9 664
4 666
10 132

Estimated living cost  is ₴12296 per week

₴9024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴717
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.
₴2308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12151
₴20696
₴12151
₴18202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 483
health insurance
-
-
-
2 405
work injury
-
-
-
162
pensions
-
-
-
5 980
unemployment
-
-
-
390
total
-
-
-
13 420
Employee

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

11 086
-
32 500
-
income
1 109
-
4 483
-
work injury
55
-
162
-
health insurance
820
-
2 405
-
pensions
2 040
-
5 980
-
unemployment
133
-
390
-
total
4 157
-
13 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 414
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
21 414
32 500
-
-
withholding
3 212
4 875
-
-
total
3 212
4 875
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 369
4 875
13 420
13 420
After tax
25 131
27 625
19 080
19 080
Living cost
6 929
6 929
6 929
6 929
Free-cash
18 202
20 696
12 151
12 151

Estimated living cost  is ₴6929 per week

₴4292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4788
-₴3343
-₴2984
-₴10781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
8 359
national
-
-
-
5 933
regional
-
-
-
513
municipal
-
-
-
217
total
-
-
-
15 022
Employee
43 282
-
32 500
-
social contributions
14 594
-
10 959
-
municipal
258
-
194
-
national
7 314
-
5 231
-
regional
653
-
442
-
total
22 819
-
16 826
-
Employer
43 282
-
32 500
-
total
-
-
-
-
Corporate
-
32 500
-
-
nationa
-
7 800
-
-
municipal
-
1 566
-
-
total
-
9 366
-
-
Dividends
-
23 134
-
-
withholding
-
6 015
-
-
total
-
6 015
-
-
Income
32 500
32 500
32 500
32 500
Total tax
22 819
15 381
16 826
15 022
After tax
9 681
17 119
15 674
17 478
Living cost
20 462
20 462
20 462
20 462
Free-cash
-10 781
-3 343
-4 788
-2 984

Estimated living cost  is ₴20462 per week

₴14373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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[[ place.name ]], [[ place.country ]]

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