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

Valencia , Spain
₴11948
₴8664
₴9280
₴13541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
197
income
-
-
-
6 423
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 966
total
-
-
-
14 868
Employee
11 230
-
24 643
-
unemployment
174
-
382
-
pensions
528
-
1 158
-
income
2 165
-
6 061
-
other
11
-
25
-
total
2 878
-
7 626
-
Employer
11 230
-
24 643
-
pensions
2 650
-
5 816
-
accident
222
-
488
-
unemployment
618
-
1 356
-
other
90
-
198
-
total
3 580
-
7 858
-
Corporate
17 689
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.

2 654
4 875
-
-
total
2 654
4 875
-
-
Dividends
15 036
27 625
-
-
withholding
3 088
5 732
-
-
total
3 088
5 732
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 200
10 607
15 484
14 868
After tax
20 300
21 893
17 016
17 632
Living cost
8 352
8 352
8 352
8 352
Free-cash
11 948
13 541
8 664
9 280

Estimated living cost  is ₴8352 per week

₴5637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴13733
₴10832
₴9487
₴15785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
pensions

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.

-
-
-
7 800
income
-
-
-
4 146
other
-
-
-
1 544
health
-
-
-
1 430
total
-
-
-
14 920
Employee
11 028
-
25 959
-
health
154
-
364
-
unemployment
110
-
259
-
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.

772
-
1 817
-
income
1 899
-
4 594
-
total
2 935
-
7 034
-
Employer
11 028
-
25 959
-
health
154
-
364
-
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.

1 875
-
4 413
-
accident
88
-
207
-
unemployment
110
-
259
-
other
552
-
1 298
-
total
2 779
-
6 541
-
Corporate
18 693
32 500
-
-
income
3 926
6 825
-
-
total
3 926
6 825
-
-
Dividends
14 767
25 675
-
-
withholding
1 034
1 797
-
-
total
1 034
1 797
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 674
8 622
13 575
14 920
After tax
21 826
23 878
18 925
17 580
Living cost
8 093
8 093
8 093
8 093
Free-cash
13 733
15 785
10 832
9 487

Estimated living cost  is ₴8093 per week

₴5718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴22393
₴21856
₴20810
₴23805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
pensions

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

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
4 875
health
-
-
-
1 220
total
-
-
-
7 707
Employee
5 274
-
30 418
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
3 042
-
total
1 291
-
4 579
-
Employer
5 274
-
30 418
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
26 191
32 500
-
-
income
2 619
3 250
-
-
total
2 619
3 250
-
-
Dividends
23 572
29 250
-
-
withholding
1 179
1 462
-
-
total
1 179
1 462
-
-
Income
32 500
32 500
32 500
32 500
Total tax
6 124
4 712
6 661
7 707
After tax
26 376
27 788
25 839
24 793
Living cost
3 983
3 983
3 983
3 983
Free-cash
22 393
23 805
21 856
20 810

Estimated living cost  is ₴3983 per week

₴2325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴7784
₴9785
₴8262
₴5989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
3 396
other
-
-
-
1 009
health
-
-
-
719
social contributions
-
-
-
926
pensions
-
-
-
7 797
surtax
-
-
-
-
total
-
-
-
13 847
Employee
12 999
-
26 286
-
pensions
1 470
-
1 326
-
income
767
-
4 035
-
social contributions
371
-
749
-
surtax
-
-
-
-
total
2 608
-
6 110
-
Employer
12 999
-
26 286
-
health
910
-
1 840
-
social contributions
39
-
79
-
pensions
2 135
-
2 323
-
unemployment
526
-
1 065
-
other
448
-
907
-
total
4 058
-
6 214
-
Corporate
15 442
32 500
-
-
income
4 324
9 100
-
-
surtax
-
-
-
-
total
4 324
9 100
-
-
Dividends
11 118
23 400
-
-
social contributions
1 912
4 025
-
-
surtax
-
-
-
-
withholding
1 423
2 995
-
-
total
3 335
7 020
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 325
16 120
12 324
13 847
After tax
18 175
16 380
20 176
18 653
Living cost
10 391
10 391
10 391
10 391
Free-cash
7 784
5 989
9 785
8 262

Estimated living cost  is ₴10391 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴1193
₴3648
₴5728
₴3054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
pensions
-
-
-
3 558
income
-
-
-
6 746
health
-
-
-
3 745
total
-
-
-
14 049
Employee
25 936
25 936
27 657
-
health
3 981
3 386
3 484
-
pensions
4 669
3 558
3 558
-
income

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

4 245
4 245
4 245
-
total
12 895
11 189
11 287
-
Employer
25 936
25 936
27 657
-
health
1 803
1 803
1 922
-
pensions
1 805
1 805
1 925
-
unemployment
934
934
995
-
total
4 542
4 542
4 842
-
Corporate
2 340
2 022
-
-
income
468
405
-
-
total
468
405
-
-
Dividends
1 872
1 617
-
-
income
398
344
-
-
withholding
281
243
-
-
total
679
587
-
-
Income
32 500
32 500
32 500
32 500
Total tax
18 584
16 723
16 129
14 049
After tax
13 916
15 777
16 371
18 451
Living cost
12 723
12 723
12 723
12 723
Free-cash
1 193
3 054
3 648
5 728

Estimated living cost  is ₴12723 per week

₴9017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴10587
₴13658
₴10764
₴7227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
2 894
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.

-
-
-
7 173
health

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

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

-
-
-
2 075
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.

-
-
-
395
total
-
-
-
12 537
Employee

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

11 617
-
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.

2 075
-
2 075
-
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.

324
-
7 173
-
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.

18
-
395
-
total
2 417
-
9 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 883
32 500
-
-
income
3 133
4 875
-
-
trade
3 289
5 119
-
-
surtax

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

172
268
-
-
chamber of commerce
76
93
-
-
total
6 670
10 355
-
-
Dividends
14 213
22 146
-
-
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.

189
298
-
-
withholding
3 438
5 421
-
-
total
3 627
5 719
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 714
16 074
9 643
12 537
After tax
19 786
16 426
22 857
19 963
Living cost
9 199
9 199
9 199
9 199
Free-cash
10 587
7 227
13 658
10 764

Estimated living cost  is ₴9199 per week

₴5787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Larnaca , Cyprus
₴15092
₴15701
₴15842
₴16746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
3 883
health
-
-
-
829
social contributions
-
-
-
4 914
total
-
-
-
9 626
Employee
23 355
23 355
29 505
-
health
181
397
501
-
income
2 543
2 162
3 822
-
social contributions
883
1 938
2 449
-
total
3 607
4 497
6 772
-
Employer
23 355
23 355
29 505
-
health
197
432
546
-
social contributions
883
1 938
2 449
-
total
1 080
2 370
2 995
-
Corporate
20 782
6 775
-
-
income
2 598
847
-
-
total
2 598
847
-
-
Dividends
18 184
5 928
-
-
withholding
3 091
1 008
-
-
total
3 091
1 008
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 376
8 722
9 767
9 626
After tax
22 124
23 778
22 733
22 874
Living cost
7 032
7 032
7 032
7 032
Free-cash
15 092
16 746
15 701
15 842

Estimated living cost  is ₴7032 per week

₴4214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴8652
₴6762
₴8546
₴8959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
32 500
income
-
-
-
3 133
social contributions

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

-
-
-
11 294
surtax
-
-
-
-
total
-
-
-
14 427
Employee
13 969
-
26 263
-
income
2 906
-
7 085
-
social contributions
1 537
-
2 889
-
surtax
-
-
-
-
total
4 443
-
9 974
-
Employer
13 969
-
26 263
-
social contributions
3 318
-
6 237
-
total
3 318
-
6 237
-
Corporate
15 214
32 500
-
-
income
3 195
6 825
-
-
surtax
-
-
-
-
total
3 195
6 825
-
-
Dividends
12 019
25 675
-
-
withholding
3 365
7 189
-
-
total
3 365
7 189
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 321
14 014
16 211
14 427
After tax
18 179
18 486
16 289
18 073
Living cost
9 527
9 527
9 527
9 527
Free-cash
8 652
8 959
6 762
8 546

Estimated living cost  is ₴9527 per week

₴7128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴28185
₴23734
₴29909
₴28609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
2 832
-
32 500
-
income
566
-
6 500
-
total
566
-
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%.

29 668
32 500
-
-
total
-
-
-
-
Dividends
29 668
32 500
-
-
withholding
1 483
1 625
-
-
total
1 483
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 049
1 625
6 500
325
After tax
30 451
30 875
26 000
32 175
Living cost
2 266
2 266
2 266
2 266
Free-cash
28 185
28 609
23 734
29 909

Estimated living cost  is ₴2266 per week

₴1404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Ljubljana , Slovenia
₴11690
₴7643
₴8576
₴14230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 935
unemployment
-
-
-
49
income
-
-
-
6 596
health
-
-
-
3 198
total
-
-
-
15 778
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.

13 431
-
28 121
-
health
867
-
1 817
-
unemployment
19
-
39
-
pensions
2 082
-
4 359
-
income
2 316
-
6 117
-
total
5 284
-
12 332
-
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.

13 431
-
28 121
-
health
895
-
1 873
-
pensions
1 188
-
2 489
-
unemployment
8
-
17
-
total
2 091
-
4 379
-
Corporate
16 978
32 500
-
-
income
3 226
6 175
-
-
total
3 226
6 175
-
-
Dividends
13 753
26 325
-
-
withholding
2 063
3 949
-
-
total
2 063
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 664
10 124
16 711
15 778
After tax
19 836
22 376
15 789
16 722
Living cost
8 146
8 146
8 146
8 146
Free-cash
11 690
14 230
7 643
8 576

Estimated living cost  is ₴8146 per week

₴5591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴9556
₴12877
₴10891
₴8495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 645
health

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

-
-
-
1 939
total
-
-
-
10 584
Employee
13 933
-
31 103
-
social contributions
1 396
-
1 397
-
income
1 512
-
5 804
-
total
2 908
-
7 201
-
Employer
13 933
-
31 103
-
social contributions
1 396
-
1 397
-
total
1 396
-
1 397
-
Corporate
17 171
32 500
-
-
income
6 010
11 375
-
-
total
6 010
11 375
-
-
Dividends
11 161
21 125
-
-
social contributions
1 605
1 605
-
-
total
1 605
1 605
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 919
12 980
8 598
10 584
After tax
20 581
19 520
23 902
21 916
Living cost
11 025
11 025
11 025
11 025
Free-cash
9 556
8 495
12 877
10 891

Estimated living cost  is ₴11025 per week

₴7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴13545
₴14378
₴14431
₴13388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
4 875
health
-
-
-
2 269
social contributions
-
-
-
4 485
total
-
-
-
11 629
Employee
10 298
-
32 500
-
health
719
-
2 269
-
income
1 718
-
4 928
-
social contributions
1 421
-
4 485
-
total
3 858
-
11 682
-
Employer
10 298
-
32 500
-
total
-
-
-
-
Corporate
22 202
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%.

1 110
1 625
-
-
total
1 110
1 625
-
-
Dividends
21 092
30 875
-
-
social contributions
2 911
4 261
-
-
withholding
3 164
4 631
-
-
health
1 472
2 155
-
-
total
7 547
11 047
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 515
12 672
11 682
11 629
After tax
19 985
19 828
20 818
20 871
Living cost
6 440
6 440
6 440
6 440
Free-cash
13 545
13 388
14 378
14 431

Estimated living cost  is ₴6440 per week

₴4310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴10834
₴7987
₴7323
₴13869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
2 793
health
-
-
-
4 387
social contributions
-
-
-
9 490
solidarity contribution
-
-
-
-
total
-
-
-
16 670
Employee
12 511
-
24 254
-
health
1 689
-
3 274
-
solidarity contribution
-
-
-
-
income
1 501
-
2 910
-
social contributions
813
-
1 576
-
total
4 003
-
7 760
-
Employer
12 511
-
24 254
-
health
1 126
-
2 183
-
social contributions
3 128
-
6 063
-
total
4 254
-
8 246
-
Corporate
15 736
32 500
-
-
income
2 990
6 175
-
-
total
2 990
6 175
-
-
Dividends
12 746
26 325
-
-
withholding
1 912
3 949
-
-
total
1 912
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 159
10 124
16 006
16 670
After tax
19 341
22 376
16 494
15 830
Living cost
8 507
8 507
8 507
8 507
Free-cash
10 834
13 869
7 987
7 323

Estimated living cost  is ₴8507 per week

₴6327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴26682
₴22469
₴28644
₴27344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
4 414
-
32 500
-
income
883
-
6 500
-
total
883
-
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%.

28 086
32 500
-
-
total
-
-
-
-
Dividends
28 086
32 500
-
-
withholding
1 404
1 625
-
-
total
1 404
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 287
1 625
6 500
325
After tax
30 213
30 875
26 000
32 175
Living cost
3 531
3 531
3 531
3 531
Free-cash
26 682
27 344
22 469
28 644

Estimated living cost  is ₴3531 per week

₴2389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴118
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Paris , France
₴3798
₴5507
₴3984
₴1711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
3 396
other
-
-
-
1 009
health
-
-
-
719
social contributions
-
-
-
926
pensions
-
-
-
7 797
surtax
-
-
-
-
total
-
-
-
13 847
Employee
19 022
-
26 286
-
pensions
2 152
-
1 326
-
income
1 660
-
4 035
-
social contributions
542
-
749
-
surtax
-
-
-
-
total
4 354
-
6 110
-
Employer
19 022
-
26 286
-
health
1 331
-
1 840
-
social contributions
57
-
79
-
pensions
3 126
-
2 323
-
unemployment
771
-
1 065
-
other
656
-
907
-
total
5 941
-
6 214
-
Corporate
7 536
32 500
-
-
income
2 110
9 100
-
-
surtax
-
-
-
-
total
2 110
9 100
-
-
Dividends
5 426
23 400
-
-
social contributions
933
4 025
-
-
surtax
-
-
-
-
withholding
695
2 995
-
-
total
1 628
7 020
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 033
16 120
12 324
13 847
After tax
18 467
16 380
20 176
18 653
Living cost
14 669
14 669
14 669
14 669
Free-cash
3 798
1 711
5 507
3 984

Estimated living cost  is ₴14669 per week

₴9928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴16760
₴12229
₴12230
₴18247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 815
unemployment
-
-
-
335
income
-
-
-
6 582
health
-
-
-
2 304
total
-
-
-
15 036
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.

7 892
-
28 497
-
health
406
-
1 152
-
unemployment
59
-
168
-
pensions
1 105
-
3 131
-
income
1 088
-
6 582
-
total
2 658
-
11 033
-
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.

7 892
-
28 497
-
health
406
-
1 152
-
pensions
947
-
2 684
-
unemployment
59
-
168
-
total
1 412
-
4 004
-
Corporate
23 195
32 500
-
-
income
3 479
4 875
-
-
total
3 479
4 875
-
-
Dividends
19 716
27 625
-
-
withholding
2 957
4 144
-
-
total
2 957
4 144
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 506
9 019
15 037
15 036
After tax
21 994
23 481
17 463
17 464
Living cost
5 234
5 234
5 234
5 234
Free-cash
16 760
18 247
12 229
12 230

Estimated living cost  is ₴5234 per week

₴3524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴2924
₴4418
₴6031
-₴6004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
pensions
-
-
-
2 990
city
-
-
-
342
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
-
-
-
73
regional
-
-
-
1 258
national
-
-
-
291
total
-
-
-
5 604
Employee
24 418
-
29 089
-
health
55
-
65
-
unemployment
-
-
-
-
city
262
-
312
-
pensions
2 051
-
2 444
-
regional
800
-
1 081
-
national
116
-
224
-
total
3 284
-
4 126
-
Employer
24 418
-
29 089
-
health
55
-
65
-
pensions
2 051
-
2 444
-
unemployment
-
-
-
-
other

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

488
-
582
-
total
2 594
-
3 091
-
Corporate
5 219
32 500
-
-
regional
1 104
6 874
-
-
national
444
2 763
-
-
total
1 548
9 637
-
-
Dividends
3 671
22 864
-
-
withholding
1 285
8 002
-
-
total
1 285
8 002
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 711
17 639
7 217
5 604
After tax
23 789
14 861
25 283
26 896
Living cost
20 865
20 865
20 865
20 865
Free-cash
2 924
-6 004
4 418
6 031

Estimated living cost  is ₴20865 per week

₴13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

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.

Helsinki , Finland
₴9346
₴6712
₴11179
₴9786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 783
health
-
-
-
373
national
-
-
-
3 504
total
-
-
-
9 660
Employee
15 979
-
27 342
-
health
119
-
295
-
unemployment
240
-
410
-
pensions
1 078
-
1 846
-
national
264
-
1 956
-
municipal
2 617
-
4 462
-
total
4 318
-
8 969
-
Employer
15 979
-
27 342
-
health
123
-
210
-
pensions
2 772
-
4 743
-
accident
16
-
27
-
unemployment
104
-
178
-
total
3 015
-
5 158
-
Corporate
13 506
32 500
-
-
income
2 701
6 500
-
-
total
2 701
6 500
-
-
Dividends

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

8 103
19 500
-
-
municipal
1 459
3 510
-
-
national
-
1 043
-
-
total
1 459
4 553
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 493
11 053
14 127
9 660
After tax
21 007
21 447
18 373
22 840
Living cost
11 661
11 661
11 661
11 661
Free-cash
9 346
9 786
6 712
11 179

Estimated living cost  is ₴11661 per week

₴7617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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.

Brussels , Belgium
₴2592
₴1468
₴3931
₴7146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
communal

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

-
-
-
1 639
social contributions
-
-
-
5 185
national
-
-
-
10 671
total
-
-
-
17 495
Employee

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

21 725
-
25 172
-
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.

1 021
-
1 183
-
communal

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

1 133
-
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.

189
-
219
-
pensions

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

1 629
-
1 888
-
national
6 679
-
8 027
-
total
10 651
-
12 630
-
Employer

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

21 725
-
25 172
-
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.

1 336
-
1 548
-
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.

1 925
-
2 231
-
surtax
2 463
-
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.

282
-
327
-
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.

317
-
368
-
total
6 323
-
7 328
-
Corporate
4 451
32 500
-
-
income
890
6 500
-
-
surtax
18
130
-
-
total
908
6 630
-
-
Dividends
3 543
25 870
-
-
withholding

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

952
7 650
-
-
total
952
7 650
-
-
Income
32 500
32 500
32 500
32 500
Total tax
18 834
14 280
19 958
17 495
After tax
13 666
18 220
12 542
15 005
Living cost
11 074
11 074
11 074
11 074
Free-cash
2 592
7 146
1 468
3 931

Estimated living cost  is ₴11074 per week

₴7133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴4354
₴4259
₴3876
₴4648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
29
municipal
-
-
-
7 212
other
-
-
-
3 335
health
-
-
-
1 791
national
-
-
-
-
accident
-
-
-
57
pensions
-
-
-
3 103
total
-
-
-
15 527
Employee
18 662
-
24 730
-
national
-
-
-
-
municipal
5 565
-
7 374
-
total
5 565
-
7 374
-
Employer
18 662
-
24 730
-
health
1 148
-
1 521
-
pensions
2 017
-
2 673
-
accident
37
-
49
-
unemployment
493
-
653
-
other
2 169
-
2 874
-
total
5 864
-
7 770
-
Corporate
7 974
32 500
-
-
income
1 754
7 150
-
-
total
1 754
7 150
-
-
Dividends
6 220
25 350
-
-
withholding
1 866
7 605
-
-
total
1 866
7 605
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 049
14 755
15 144
15 527
After tax
17 451
17 745
17 356
16 973
Living cost
13 097
13 097
13 097
13 097
Free-cash
4 354
4 648
4 259
3 876

Estimated living cost  is ₴13097 per week

₴8680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴17391
₴13660
₴8022
₴5335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
6 335
social contributions
-
-
-
3 705
total
-
-
-
10 040
Employee
20 701
-
-
-
income
4 566
-
-
-
social contributions
1 698
-
242
-
total
6 264
-
242
-
Employer
20 701
-
-
-
social contributions
29 189
-
4 160
-
total
29 189
-
4 160
-
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
35 453
12 727
4 402
10 040
After tax
-2 953
19 773
28 098
22 460
Living cost
14 438
14 438
14 438
14 438
Free-cash
-17 391
5 335
13 660
8 022

Estimated living cost  is ₴14438 per week

₴9368
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.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴12668
₴12882
₴13023
₴13927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
3 883
health
-
-
-
829
social contributions
-
-
-
4 914
total
-
-
-
9 626
Employee
23 355
23 355
29 505
-
health
232
397
501
-
income
2 452
2 162
3 822
-
social contributions
1 135
1 938
2 449
-
total
3 819
4 497
6 772
-
Employer
23 355
23 355
29 505
-
health
253
432
546
-
social contributions
1 135
1 938
2 449
-
total
1 388
2 370
2 995
-
Corporate
17 441
6 775
-
-
income
2 180
847
-
-
total
2 180
847
-
-
Dividends
15 261
5 928
-
-
withholding
2 594
1 008
-
-
total
2 594
1 008
-
-
Income
32 500
32 500
32 500
32 500
Total tax
9 981
8 722
9 767
9 626
After tax
22 519
23 778
22 733
22 874
Living cost
9 851
9 851
9 851
9 851
Free-cash
12 668
13 927
12 882
13 023

Estimated living cost  is ₴9851 per week

₴6734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴11783
₴9133
₴12086
₴12438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 245
pensions
-
-
-
2 258
total
-
-
-
9 503
Employee
14 976
-
28 569
-
health
195
-
474
-
pensions
1 143
-
2 775
-
income
2 727
-
5 276
-
total
4 065
-
8 525
-
Employer
14 976
-
28 569
-
health
285
-
543
-
pensions
1 513
-
3 388
-
total
1 798
-
3 931
-
Corporate
15 726
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.

2 988
6 175
-
-
total
2 988
6 175
-
-
Dividends
12 738
26 325
-
-
withholding
955
2 976
-
-
total
955
2 976
-
-
Income
32 500
32 500
32 500
32 500
Total tax
9 806
9 151
12 456
9 503
After tax
22 694
23 349
20 044
22 997
Living cost
10 911
10 911
10 911
10 911
Free-cash
11 783
12 438
9 133
12 086

Estimated living cost  is ₴10911 per week

₴7485
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.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Rome , Italy
₴3638
₴2618
₴4104
₴5019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
217
regional
-
-
-
669
social contributions
-
-
-
8 359
national
-
-
-
7 052
total
-
-
-
16 297
Employee
25 593
-
32 500
-
social contributions
8 630
-
10 959
-
regional
386
-
566
-
national
4 325
-
6 064
-
municipal
153
-
194
-
total
13 494
-
17 783
-
Employer
25 593
-
32 500
-
total
-
-
-
-
Corporate
6 907
32 500
-
-
nationa
1 658
7 800
-
-
municipal
333
1 567
-
-
total
1 991
9 367
-
-
Dividends
4 916
23 134
-
-
withholding
1 278
6 015
-
-
total
1 278
6 015
-
-
Income
32 500
32 500
32 500
32 500
Total tax
16 763
15 382
17 783
16 297
After tax
15 737
17 118
14 717
16 203
Living cost
12 099
12 099
12 099
12 099
Free-cash
3 638
5 019
2 618
4 104

Estimated living cost  is ₴12099 per week

₴8499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴1627
₴10395
₴15734
-₴3924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
pensions
-
-
-
1 240
income
-
-
-
8 135
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
10 210
Employee
10 314
-
28 061
-
health
1 181
-
3 213
-
pensions
1 161
-
2 274
-
income
1 415
-
5 623
-
total
3 757
-
11 110
-
Employer
10 314
-
28 061
-
pensions
1 677
-
3 283
-
accident
172
-
469
-
unemployment
253
-
687
-
total
2 102
-
4 439
-
Corporate
20 085
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.

18 076
29 250
-
-
total
18 076
29 250
-
-
Dividends
2 008
3 250
-
-
withholding
382
618
-
-
total
382
618
-
-
Income
32 500
32 500
32 500
32 500
Total tax
24 317
29 868
15 549
10 210
After tax
8 183
2 632
16 951
22 290
Living cost
6 556
6 556
6 556
6 556
Free-cash
1 627
-3 924
10 395
15 734

Estimated living cost  is ₴6556 per week

₴4805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
₴9007
₴11131
₴8494
₴5035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
2 637
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.

-
-
-
7 173
health

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

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

-
-
-
2 075
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.

-
-
-
395
total
-
-
-
12 280
Employee

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

15 112
-
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.

2 075
-
2 075
-
income

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

1 243
-
7 173
-
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.

69
-
395
-
total
3 387
-
9 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 388
32 500
-
-
income
2 608
4 875
-
-
trade
2 495
4 664
-
-
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.

144
268
-
-
chamber of commerce
71
94
-
-
total
5 318
9 901
-
-
Dividends
12 070
22 599
-
-
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.

160
304
-
-
withholding
2 902
5 534
-
-
total
3 062
5 838
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 767
15 739
9 643
12 280
After tax
20 733
16 761
22 857
20 220
Living cost
11 726
11 726
11 726
11 726
Free-cash
9 007
5 035
11 131
8 494

Estimated living cost  is ₴11726 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Riga , Latvia
₴17190
₴11976
₴11006
₴19681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
32 500
income
-
-
-
4 726
microenterprise
-
-
-
-
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.

-
-
-
10 449
surtax
-
-
-
-
total
-
-
-
15 175
Employee
8 875
-
26 191
-
income
1 580
-
5 015
-
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.

976
-
2 881
-
surtax
-
-
-
-
total
2 556
-
7 896
-
Employer
8 875
-
26 191
-
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.

2 138
-
6 309
-
surtax
-
-
-
-
total
2 138
-
6 309
-
Corporate
21 487
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%.

4 297
6 500
-
-
total
4 297
6 500
-
-
Dividends

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

17 190
26 000
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
8 991
6 500
14 205
15 175
After tax
23 509
26 000
18 295
17 325
Living cost
6 319
6 319
6 319
6 319
Free-cash
17 190
19 681
11 976
11 006

Estimated living cost  is ₴6319 per week

₴4031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴15801
₴14745
₴15019
₴16433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 794
health
-
-
-
2 034
pensions
-
-
-
2 806
total
-
-
-
13 634
Employee
5 859
-
29 343
-
health
293
-
702
-
unemployment
59
-
140
-
pensions
527
-
1 263
-
income
1 133
-
8 646
-
total
2 012
-
10 751
-
Employer
5 859
-
29 343
-
health
557
-
1 333
-
pensions
645
-
1 543
-
unemployment
117
-
281
-
total
1 319
-
3 157
-
Corporate
25 322
32 500
-
-
income
5 571
7 150
-
-
total
5 571
7 150
-
-
Dividends
19 751
25 350
-
-
withholding
3 950
5 070
-
-
total
3 950
5 070
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 852
12 220
13 908
13 634
After tax
19 648
20 280
18 592
18 866
Living cost
3 847
3 847
3 847
3 847
Free-cash
15 801
16 433
14 745
15 019

Estimated living cost  is ₴3847 per week

₴2286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴12655
₴9047
₴9629
₴13621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
pensions
-
-
-
6 500
unemployment
-
-
-
69
income
-
-
-
6 365
other
-
-
-
-
health
-
-
-
2 308
surtax
-
-
-
807
total
-
-
-
16 049
Employee
10 228
-
26 848
-
health
261
-
685
-
unemployment
712
-
1 869
-
pensions
682
-
1 791
-
income
1 715
-
5 906
-
other
-
-
-
-
surtax
36
-
729
-
total
3 406
-
10 980
-
Employer
10 228
-
26 848
-
health
465
-
1 221
-
pensions
1 364
-
3 579
-
unemployment
324
-
851
-
other
-
-
-
-
total
2 153
-
5 651
-
Corporate
20 119
32 500
-
-
income
5 231
8 450
-
-
total
5 231
8 450
-
-
Dividends
14 887
24 050
-
-
withholding
2 233
3 607
-
-
total
2 233
3 607
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 023
12 057
16 631
16 049
After tax
19 477
20 443
15 869
16 451
Living cost
6 822
6 822
6 822
6 822
Free-cash
12 655
13 621
9 047
9 629

Estimated living cost  is ₴6822 per week

₴4119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴8374
-₴92
₴6651
₴8526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
pensions
-
-
-
6 013
chamber of commerce
-
-
-
130
unemployment
-
-
-
1 863
income
-
-
-
5 667
health