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
₴3449
₴8202
₴9141
₴11113
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
-
-
-
1 972
income

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

-
-
-
5 154
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.

-
-
-
2 935
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.

-
-
-
284
total
-
-
-
10 345
Employee

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

16 434
-
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.

2 935
-
2 935
-
surtax

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

25
-
284
-
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.

459
-
5 154
-
total
3 419
-
8 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 066
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.

133
268
-
-
income
2 410
4 875
-
-
trade
2 530
5 119
-
-
chamber of commerce
88
112
-
-
total
5 161
10 374
-
-
Dividends
10 904
22 126
-
-
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.

141
295
-
-
withholding
2 563
5 368
-
-
total
2 704
5 663
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 284
16 037
8 373
10 345
After tax
21 216
16 463
24 127
22 155
Living cost
13 014
13 014
13 014
13 014
Free-cash
8 202
3 449
11 113
9 141

Estimated living cost  is ₴13014 per week

₴8186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
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.
₴3067
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
-₴1399
-₴4155
-₴1732
-₴1478
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
-
-
-
3 257
pensions
-
-
-
3 900
national
-
-
-
5 047
social contributions
-
-
-
349
total
-
-
-
12 553
Employee
33 606
-
28 096
-
municipal
4 151
-
3 383
-
pensions
1 344
-
1 124
-
national
6 432
-
5 242
-
total
11 927
-
9 749
-
Employer
33 606
-
28 096
-
social contributions
361
-
302
-
pensions
2 688
-
2 248
-
total
3 049
-
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
14 976
12 220
12 299
12 553
After tax
17 524
20 280
20 201
19 947
Living cost
21 679
21 679
21 679
21 679
Free-cash
-4 155
-1 399
-1 478
-1 732

Estimated living cost  is ₴21679 per week

₴14735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4604
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
₴17061
₴13537
₴17333
₴9499
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
microenterprise
-
-
-
4 875
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 353
total
-
-
-
6 228
Employee
12 555
-
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.

1 381
-
2 881
-
surtax
-
-
-
-
income
2 235
-
4 872
-
total
3 616
-
7 753
-
Employer
12 555
-
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.

3 024
-
6 309
-
surtax
-
-
-
-
total
3 024
-
6 309
-
Corporate
16 920
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%.

3 384
6 500
-
-
total
3 384
6 500
-
-
Dividends

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

13 537
26 000
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 024
6 500
14 062
6 228
After tax
22 476
26 000
18 438
26 272
Living cost
8 939
8 939
8 939
8 939
Free-cash
13 537
17 061
9 499
17 333

Estimated living cost  is ₴8939 per week

₴5703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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

Source of data for Riga model

Close
Rotterdam , Netherlands
-₴7756
-₴10169
₴506
-₴10169
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
-
-
-
4 409
pensions
-
-
-
5 034
health
-
-
-
4 551
total
-
-
-
13 994
Employee
36 692
36 692
36 692
-
health
5 632
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
6 605
5 034
6 605
-
total
18 243
15 830
18 243
-
Employer
36 692
36 692
36 692
-
unemployment
1 321
1 321
1 321
-
pensions
2 554
2 554
2 554
-
health
2 551
2 551
2 551
-
total
6 426
6 426
6 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
24 669
22 256
24 669
13 994
After tax
7 831
10 244
7 831
18 506
Living cost
18 000
18 000
18 000
18 000
Free-cash
-10 169
-7 756
-10 169
506

Estimated living cost  is ₴18000 per week

₴12756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
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.
₴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 Rotterdam model

Close
Stockholm , Sweden
₴1078
₴702
-₴466
₴689
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
-
-
-
6 884
accident
-
-
-
65
pensions
-
-
-
3 513
other
-
-
-
3 777
unemployment
-
-
-
32
health
-
-
-
2 028
national
-
-
-
-
total
-
-
-
16 299
Employee
23 748
-
24 730
-
municipal
7 082
-
7 374
-
national
-
-
-
-
total
7 082
-
7 374
-
Employer
23 748
-
24 730
-
accident
48
-
49
-
other
2 760
-
2 874
-
unemployment
627
-
653
-
pensions
2 567
-
2 673
-
health
1 461
-
1 521
-
total
7 463
-
7 770
-
Corporate
1 290
32 500
-
-
income
284
7 150
-
-
total
284
7 150
-
-
Dividends
1 006
25 350
-
-
withholding
302
7 605
-
-
total
302
7 605
-
-
Income
32 500
32 500
32 500
32 500
Total tax
15 131
14 755
15 144
16 299
After tax
17 369
17 745
17 356
16 201
Living cost
16 667
16 667
16 667
16 667
Free-cash
702
1 078
689
-466

Estimated living cost  is ₴16667 per week

₴11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3732
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
-₴583
₴5454
₴5188
₴7248
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
-
-
-
2 060
income

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

-
-
-
5 154
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.

-
-
-
2 935
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.

-
-
-
284
total
-
-
-
10 433
Employee

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

21 790
-
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.

2 935
-
2 935
-
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.

103
-
284
-
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.

1 872
-
5 154
-
total
4 910
-
8 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 710
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.

88
268
-
-
income
1 606
4 875
-
-
trade
1 762
5 346
-
-
chamber of commerce
81
112
-
-
total
3 537
10 601
-
-
Dividends
7 173
21 898
-
-
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.

90
292
-
-
withholding
1 630
5 311
-
-
total
1 720
5 603
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 167
16 204
8 373
10 433
After tax
22 333
16 296
24 127
22 067
Living cost
16 879
16 879
16 879
16 879
Free-cash
5 454
-583
7 248
5 188

Estimated living cost  is ₴16879 per week

₴11289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3558
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
₴8847
₴8133
₴10337
₴9455
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
-
-
-
2 329
health
-
-
-
828
social contributions
-
-
-
5 070
total
-
-
-
8 227
Employee
33 040
33 040
33 040
-
social contributions
1 605
2 742
2 449
-
health
329
562
501
-
income
3 469
3 059
3 165
-
total
5 403
6 363
6 115
-
Employer
33 040
33 040
33 040
-
social contributions
1 605
2 742
2 449
-
health
358
612
545
-
total
1 963
3 354
2 994
-
Corporate
11 197
-
-
-
income
1 399
-
-
-
total
1 399
-
-
-
Dividends
9 797
-
-
-
withholding
1 666
-
-
-
total
1 666
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 431
9 717
9 109
8 227
After tax
22 069
22 783
23 391
24 273
Living cost
13 936
13 936
13 936
13 936
Free-cash
8 133
8 847
9 455
10 337

Estimated living cost  is ₴13936 per week

₴9527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3087
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
₴10550
₴10712
₴14718
₴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
income
-
-
-
3 973
pensions
-
-
-
3 250
unemployment
-
-
-
487
health
-
-
-
2 275
total
-
-
-
9 985
Employee

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

The minimum wage is 138,000 HUF per month.

11 255
4 479
27 197
-
health
788
314
1 904
-
income
1 376
548
3 325
-
pensions
1 125
448
2 720
-
unemployment
169
67
408
-
total
3 458
1 377
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.

11 255
4 479
27 197
-
pensions
2 195
873
5 303
-
total
2 195
873
5 303
-
Corporate
19 051
27 147
-
-
income
1 715
2 443
-
-
total
1 715
2 443
-
-
Dividends
17 336
24 704
-
-
social contributions
3 329
4 766
-
-
withholding
3 294
4 694
-
-
total
6 623
9 460
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 991
14 153
13 660
9 985
After tax
18 509
18 347
18 840
22 515
Living cost
7 797
7 797
7 797
7 797
Free-cash
10 712
10 550
11 043
14 718

Estimated living cost  is ₴7797 per week

₴5320
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.
₴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.
₴1682
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
₴15622
₴12953
₴7043
₴8354
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
-
-
-
4 355
pensions
-
-
-
6 499
health
-
-
-
4 225
total
-
-
-
15 079
Employee
12 189
-
24 290
-
income
1 372
-
4 683
-
pensions
244
-
486
-
unemployment
195
-
389
-
total
1 811
-
5 558
-
Employer
12 189
-
24 290
-
unemployment
98
-
194
-
pensions
2 438
-
4 858
-
health
1 584
-
3 158
-
total
4 120
-
8 210
-
Corporate
16 191
32 500
-
-
income
3 238
6 500
-
-
total
3 238
6 500
-
-
Dividends
12 953
26 000
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
9 169
6 500
13 768
15 079
After tax
23 331
26 000
18 732
17 421
Living cost
10 378
10 378
10 378
10 378
Free-cash
12 953
15 622
8 354
7 043

Estimated living cost  is ₴10378 per week

₴7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2433
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
-₴6796
₴1187
₴12943
₴7063
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
accident
-
-
-
108
income
-
-
-
7 143
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 128
Employee
14 833
-
26 998
-
health
1 698
-
3 091
-
income
2 035
-
4 375
-
pensions
1 670
-
3 040
-
total
5 403
-
10 506
-
Employer
14 833
-
26 998
-
accident
248
-
451
-
unemployment
363
-
661
-
pensions
2 412
-
4 390
-
total
3 023
-
5 502
-
Corporate
14 644
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.

13 180
29 250
-
-
total
13 180
29 250
-
-
Dividends
1 464
3 250
-
-
withholding
278
617
-
-
total
278
617
-
-
Income
32 500
32 500
32 500
32 500
Total tax
21 884
29 867
16 008
10 128
After tax
10 616
2 633
16 492
22 372
Living cost
9 429
9 429
9 429
9 429
Free-cash
1 187
-6 796
7 063
12 943

Estimated living cost  is ₴9429 per week

₴6911
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.
₴197
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.
₴1799
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
₴26982
₴26252
₴28282
₴22107
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
4 866
-
32 500
-
income
973
-
6 500
-
total
973
-
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%.

27 634
32 500
-
-
total
-
-
-
-
Dividends
27 634
32 500
-
-
withholding
1 382
1 625
-
-
total
1 382
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 355
1 625
6 500
325
After tax
30 145
30 875
26 000
32 175
Living cost
3 893
3 893
3 893
3 893
Free-cash
26 252
26 982
22 107
28 282

Estimated living cost  is ₴3893 per week

₴2412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴107
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.
₴1050
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
₴12429
₴9526
₴6149
₴7601
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
-
-
-
4 127
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
other
-
-
-
1 544
health
-
-
-
1 430
total
-
-
-
14 902
Employee
15 601
-
25 958
-
health
219
-
364
-
income
2 686
-
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.

1 092
-
1 817
-
unemployment
156
-
259
-
total
4 153
-
6 908
-
Employer
15 601
-
25 958
-
accident
125
-
208
-
other
780
-
1 298
-
unemployment
156
-
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.

2 652
-
4 413
-
health
219
-
364
-
total
3 932
-
6 542
-
Corporate
12 967
32 500
-
-
income
2 723
6 825
-
-
total
2 723
6 825
-
-
Dividends
10 244
25 675
-
-
withholding
717
1 797
-
-
total
717
1 797
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 525
8 622
13 450
14 902
After tax
20 975
23 878
19 050
17 598
Living cost
11 449
11 449
11 449
11 449
Free-cash
9 526
12 429
7 601
6 149

Estimated living cost  is ₴11449 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
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.
₴2402
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
-₴4349
-₴13671
-₴4467
-₴8009
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
-
-
-
6 058
pensions
-
-
-
2 209
total
-
-
-
8 267
Employee
40 606
-
28 789
-
health
669
-
427
-
income
7 320
-
5 172
-
pensions
3 917
-
2 500
-
total
11 906
-
8 099
-
Employer
40 606
-
28 789
-
pensions
4 794
-
3 163
-
health
771
-
547
-
total
5 565
-
3 710
-
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
17 471
8 149
11 809
8 267
After tax
15 029
24 351
20 691
24 233
Living cost
28 700
28 700
28 700
28 700
Free-cash
-13 671
-4 349
-8 009
-4 467

Estimated living cost  is ₴28700 per week

₴21505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3589
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
₴22154
₴20158
₴17985
₴18794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
4 875
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
8 882
Employee
7 458
-
29 556
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
746
-
2 956
-
pensions

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

655
-
1 318
-
total
1 826
-
5 129
-
Employer
7 458
-
29 556
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 654
-
health
515
-
1 035
-
total
1 464
-
2 944
-
Corporate
23 578
32 500
-
-
income
2 358
3 250
-
-
total
2 358
3 250
-
-
Dividends
21 220
29 250
-
-
withholding
1 061
1 463
-
-
total
1 061
1 463
-
-
Income
32 500
32 500
32 500
32 500
Total tax
6 709
4 713
8 073
8 882
After tax
25 791
27 787
24 427
23 618
Living cost
5 633
5 633
5 633
5 633
Free-cash
20 158
22 154
18 794
17 985

Estimated living cost  is ₴5633 per week

₴3288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1793
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
-₴13582
-₴14310
-₴5320
-₴15995
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
-
-
-
4 409
pensions
-
-
-
5 034
health
-
-
-
4 551
total
-
-
-
13 994
Employee
39 836
36 692
36 692
-
health
4 970
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
5 034
5 034
6 605
-
total
16 010
15 830
18 243
-
Employer
39 836
36 692
36 692
-
unemployment
1 434
1 321
1 321
-
pensions
2 772
2 554
2 554
-
health
2 768
2 551
2 551
-
total
6 974
6 426
6 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
22 984
22 256
24 669
13 994
After tax
9 516
10 244
7 831
18 506
Living cost
23 826
23 826
23 826
23 826
Free-cash
-14 310
-13 582
-15 995
-5 320

Estimated living cost  is ₴23826 per week

₴17576
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.
₴273
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.
₴3849
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
₴12101
₴8436
₴5555
₴6219
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
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 490
total
-
-
-
16 670
Employee
15 110
-
24 254
-
social contributions
982
-
1 576
-
health
2 040
-
3 274
-
solidarity contribution
-
-
-
-
income
1 813
-
2 910
-
total
4 835
-
7 760
-
Employer
15 110
-
24 254
-
social contributions
3 777
-
6 063
-
health
1 360
-
2 183
-
total
5 137
-
8 246
-
Corporate
12 253
32 500
-
-
income
2 328
6 175
-
-
total
2 328
6 175
-
-
Dividends
9 925
26 325
-
-
withholding
1 489
3 949
-
-
total
1 489
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 789
10 124
16 006
16 670
After tax
18 711
22 376
16 494
15 830
Living cost
10 275
10 275
10 275
10 275
Free-cash
8 436
12 101
6 219
5 555

Estimated living cost  is ₴10275 per week

₴7137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴731
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.
₴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

Source of data for Brno model

Close
Milan , Italy
-₴791
-₴5687
-₴696
-₴2386
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
-
-
-
193
regional
-
-
-
341
national
-
-
-
6 172
social contributions
-
-
-
8 359
total
-
-
-
15 065
Employee
38 187
-
32 500
-
social contributions
12 877
-
10 959
-
regional
360
-
297
-
municipal
202
-
172
-
national
6 617
-
5 327
-
total
20 056
-
16 755
-
Employer
38 187
-
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
20 056
15 160
16 755
15 065
After tax
12 444
17 340
15 745
17 435
Living cost
18 131
18 131
18 131
18 131
Free-cash
-5 687
-791
-2 386
-696

Estimated living cost  is ₴18131 per week

₴12638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴4025
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
₴10962
₴9625
₴8230
₴7511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
5 375
pensions
-
-
-
6 500
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 308
surtax
-
-
-
508
total
-
-
-
14 789
Employee
14 209
-
26 849
-
other
-
-
-
-
health
363
-
685
-
surtax
46
-
453
-
income
2 382
-
5 059
-
pensions
947
-
1 791
-
unemployment
989
-
1 869
-
total
4 727
-
9 857
-
Employer
14 209
-
26 849
-
other
-
-
-
-
unemployment
450
-
851
-
pensions
1 894
-
3 579
-
health
647
-
1 221
-
total
2 991
-
5 651
-
Corporate
15 300
32 500
-
-
income
3 978
8 450
-
-
total
3 978
8 450
-
-
Dividends
11 322
24 050
-
-
withholding
1 698
3 607
-
-
total
1 698
3 607
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 394
12 057
15 508
14 789
After tax
19 106
20 443
16 992
17 711
Living cost
9 481
9 481
9 481
9 481
Free-cash
9 625
10 962
7 511
8 230

Estimated living cost  is ₴9481 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
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
₴4744
₴1366
₴4626
₴1084
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
-
-
-
6 058
pensions
-
-
-
2 209
total
-
-
-
8 267
Employee
27 213
-
28 789
-
health
395
-
427
-
income
4 901
-
5 172
-
pensions
2 310
-
2 500
-
total
7 606
-
8 099
-
Employer
27 213
-
28 789
-
pensions
2 946
-
3 163
-
health
517
-
547
-
total
3 463
-
3 710
-
Corporate
1 824
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.

347
6 175
-
-
total
347
6 175
-
-
Dividends
1 477
26 325
-
-
withholding
111
1 974
-
-
total
111
1 974
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 527
8 149
11 809
8 267
After tax
20 973
24 351
20 691
24 233
Living cost
19 607
19 607
19 607
19 607
Free-cash
1 366
4 744
1 084
4 626

Estimated living cost  is ₴19607 per week

₴14689
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.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3243
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
-₴17817
-₴9384
-₴5303
-₴6968
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
city
-
-
-
342
pensions
-
-
-
2 990
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
650
regional
-
-
-
906
health
-
-
-
107
national
-
-
-
130
total
-
-
-
5 125
Employee
38 242
-
29 089
-
city
410
-
312
-
regional
1 252
-
770
-
health
86
-
65
-
pensions
3 213
-
2 444
-
unemployment
-
-
-
-
national
181
-
108
-
total
5 142
-
3 699
-
Employer
38 242
-
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.

765
-
582
-
unemployment
-
-
-
-
pensions
3 213
-
2 444
-
health
86
-
65
-
total
4 064
-
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
9 206
17 639
6 790
5 125
After tax
23 294
14 861
25 710
27 375
Living cost
32 678
32 678
32 678
32 678
Free-cash
-9 384
-17 817
-6 968
-5 303

Estimated living cost  is ₴32678 per week

₴21250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
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.
₴8094
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
-₴3555
₴3414
₴2295
₴4443
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
-
-
-
2 148
income

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

-
-
-
5 154
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.

-
-
-
2 935
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.

-
-
-
284
total
-
-
-
10 521
Employee

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

25 823
-
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.

2 935
-
2 935
-
surtax

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

167
-
284
-
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.

3 036
-
5 154
-
total
6 138
-
8 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 677
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.

55
268
-
-
income
1 001
4 875
-
-
trade
1 145
5 574
-
-
chamber of commerce
75
111
-
-
total
2 276
10 828
-
-
Dividends
4 401
21 672
-
-
surtax

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

51
289
-
-
withholding
937
5 254
-
-
total
988
5 543
-
-
Income
32 500
32 500
32 500
32 500
Total tax
9 402
16 371
8 373
10 521
After tax
23 098
16 129
24 127
21 979
Living cost
19 684
19 684
19 684
19 684
Free-cash
3 414
-3 555
4 443
2 295

Estimated living cost  is ₴19684 per week

₴14376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1575
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.
₴3478
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
₴1680
₴4220
₴4598
₴4701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
1 845
pensions
-
-
-
9 141
other
-
-
-
1 008
health
-
-
-
281
surtax
-
-
-
-
social contributions
-
-
-
926
total
-
-
-
13 201
Employee
18 389
-
24 765
-
social contributions
524
-
705
-
surtax
-
-
-
-
income
1 085
-
1 856
-
pensions
2 079
-
2 801
-
total
3 688
-
5 362
-
Employer
18 389
-
24 765
-
other
634
-
855
-
social contributions
55
-
74
-
unemployment
744
-
1 003
-
pensions
3 021
-
4 070
-
health
1 287
-
1 734
-
total
5 741
-
7 736
-
Corporate
8 368
32 500
-
-
surtax
-
-
-
-
income
2 343
9 100
-
-
total
2 343
9 100
-
-
Dividends
6 025
23 400
-
-
surtax
-
-
-
-
social contributions
1 036
4 024
-
-
withholding
771
2 995
-
-
total
1 807
7 019
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 579
16 119
13 098
13 201
After tax
18 921
16 381
19 402
19 299
Living cost
14 701
14 701
14 701
14 701
Free-cash
4 220
1 680
4 701
4 598

Estimated living cost  is ₴14701 per week

₴9269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
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.
₴3986
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
₴3137
₴5523
₴6055
₴6158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
1 845
pensions
-
-
-
9 141
other
-
-
-
1 008
health
-
-
-
281
surtax
-
-
-
-
social contributions
-
-
-
926
total
-
-
-
13 201
Employee
16 415
-
24 765
-
social contributions
468
-
705
-
surtax
-
-
-
-
income
846
-
1 856
-
pensions
1 857
-
2 801
-
total
3 171
-
5 362
-
Employer
16 415
-
24 765
-
other
567
-
855
-
social contributions
49
-
74
-
unemployment
665
-
1 003
-
pensions
2 697
-
4 070
-
health
1 149
-
1 734
-
total
5 127
-
7 736
-
Corporate
10 959
32 500
-
-
surtax
-
-
-
-
income
3 068
9 100
-
-
total
3 068
9 100
-
-
Dividends
7 890
23 400
-
-
surtax
-
-
-
-
social contributions
1 357
4 024
-
-
withholding
1 010
2 995
-
-
total
2 367
7 019
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 733
16 119
13 098
13 201
After tax
18 767
16 381
19 402
19 299
Living cost
13 244
13 244
13 244
13 244
Free-cash
5 523
3 137
6 158
6 055

Estimated living cost  is ₴13244 per week

₴7681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
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.
₴3967
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
₴10718
₴10939
₴11761
₴12359
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
-
-
-
2 268
social contributions
-
-
-
4 485
total
-
-
-
11 628
Employee
14 568
-
32 500
-
social contributions
2 011
-
4 485
-
health
1 017
-
2 268
-
income
2 430
-
4 277
-
total
5 458
-
11 030
-
Employer
14 568
-
32 500
-
total
-
-
-
-
Corporate
17 932
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%.

897
1 625
-
-
total
897
1 625
-
-
Dividends
17 035
30 875
-
-
health
1 189
2 155
-
-
social contributions
2 351
4 260
-
-
withholding
2 555
4 631
-
-
total
6 095
11 046
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 450
12 671
11 030
11 628
After tax
20 050
19 829
21 470
20 872
Living cost
9 111
9 111
9 111
9 111
Free-cash
10 939
10 718
12 359
11 761

Estimated living cost  is ₴9111 per week

₴6097
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.
₴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.
₴2241
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
₴3255
₴2590
₴2243
-₴3916
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
chamber of commerce
-
-
-
130
income
-
-
-
3 768
pensions
-
-
-
6 013
unemployment
-
-
-
2 635
health
-
-
-
2 486
surtax
-
-
-
85
total
-
-
-
15 117
Employee
21 473
17 123
25 172
-
other
214
171
252
-
health
831
663
974
-
income
2 445
1 263
3 505
-
pensions
2 199
1 753
2 577
-
unemployment
644
514
755
-
total
6 333
4 364
8 063
-
Employer
21 473
17 123
25 172
-
accident
279
223
327
-
other
1 020
813
1 195
-
chamber of commerce
86
68
100
-
unemployment
644
514
755
-
surtax
85
85
85
-
pensions
2 695
2 149
3 159
-
payroll
644
514
755
-
health
811
647
952
-
total
6 264
5 013
7 328
-
Corporate
4 763
10 364
23 541
-
income

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

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

1 190
2 591
5 885
-
total
1 190
2 591
5 885
-
Dividends
3 573
7 773
-
-
withholding
983
2 137
-
-
total
983
2 137
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 770
14 105
21 276
15 117
After tax
17 730
18 395
11 224
17 383
Living cost
15 140
15 140
15 140
15 140
Free-cash
2 590
3 255
-3 916
2 243

Estimated living cost  is ₴15140 per week

₴10098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1292
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.
₴3502
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
₴2600
-₴7180
₴625
-₴2370
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
national
-
-
-
10 024
communal

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

-
-
-
1 680
social contributions
-
-
-
4 505
total
-
-
-
16 209
Employee

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

30 735
-
25 172
-
communal

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

1 603
-
1 313
-
health

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

1 444
-
1 183
-
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.

2 305
-
1 888
-
unemployment

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

267
-
219
-
national
9 449
-
7 273
-
total
15 068
-
11 876
-
Employer

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

30 735
-
25 172
-
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.

400
-
328
-
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.

448
-
368
-
surtax
3 485
-
2 854
-
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.

2 723
-
2 230
-
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.

1 890
-
1 548
-
total
8 946
-
7 328
-
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.

-
7 604
-
-
total
-
7 604
-
-
Income
32 500
32 500
32 500
32 500
Total tax
24 014
14 234
19 204
16 209
After tax
8 486
18 266
13 296
16 291
Living cost
15 666
15 666
15 666
15 666
Free-cash
-7 180
2 600
-2 370
625

Estimated living cost  is ₴15666 per week

₴10091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3960
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
₴6404
₴2957
₴1903
₴2134
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
accident
-
-
-
293
income
-
-
-
5 329
pensions
-
-
-
9 198
other
-
-
-
33
unemployment
-
-
-
227
total
-
-
-
15 080
Employee
21 388
-
24 645
-
other
21
-
24
-
income
4 513
-
5 428
-
pensions
1 005
-
1 159
-
unemployment
332
-
382
-
total
5 871
-
6 993
-
Employer
21 388
-
24 645
-
accident
423
-
488
-
other
170
-
197
-
unemployment
1 177
-
1 355
-
pensions
5 047
-
5 816
-
total
6 817
-
7 856
-
Corporate
4 294
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.

644
4 875
-
-
total
644
4 875
-
-
Dividends
3 650
27 625
-
-
withholding
694
5 704
-
-
total
694
5 704
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 026
10 579
14 849
15 080
After tax
18 474
21 921
17 651
17 420
Living cost
15 517
15 517
15 517
15 517
Free-cash
2 957
6 404
2 134
1 903

Estimated living cost  is ₴15517 per week

₴11427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2766
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
-₴3193
-₴3926
-₴2652
-₴2064
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
accident
-
-
-
293
income
-
-
-
2 152
pensions
-
-
-
5 200
health
-
-
-
2 437
surtax
-
-
-
1 720
communal
-
-
-
-
total
-
-
-
11 802
Employee
32 539
-
29 031
-
health
1 448
-
1 292
-
surtax
1 994
-
1 779
-
income
3 143
-
2 352
-
pensions
2 603
-
2 322
-
total
9 188
-
7 745
-
Employer
32 539
-
29 031
-
accident
293
-
261
-
pensions
2 603
-
2 322
-
health
992
-
886
-
total
3 888
-
3 469
-
Corporate
-
32 500
-
-
surtax
-
342
-
-
communal
-
2 193
-
-
income
-
4 875
-
-
total
-
7 410
-
-
Dividends
-
25 090
-
-
income
-
1 169
-
-
withholding
-
3 764
-
-
total
-
4 933
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 076
12 343
11 214
11 802
After tax
19 424
20 157
21 286
20 698
Living cost
23 350
23 350
23 350
23 350
Free-cash
-3 926
-3 193
-2 064
-2 652

Estimated living cost  is ₴23350 per week

₴17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4172
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
₴10792
₴9426
₴8060
₴7341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
5 375
pensions
-
-
-
6 500
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 308
surtax
-
-
-
508
total
-
-
-
14 789
Employee
14 470
-
26 849
-
other
-
-
-
-
health
369
-
685
-
surtax
51
-
453
-
income
2 426
-
5 059
-
pensions
965
-
1 791
-
unemployment
1 007
-
1 869
-
total
4 818
-
9 857
-
Employer
14 470
-
26 849
-
other
-
-
-
-
unemployment
459
-
851
-
pensions
1 929
-
3 579
-
health
658
-
1 221
-
total
3 046
-
5 651
-
Corporate
14 984
32 500
-
-
income
3 896
8 450
-
-
total
3 896
8 450
-
-
Dividends
11 088
24 050
-
-
withholding
1 663
3 607
-
-
total
1 663
3 607
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 423
12 057
15 508
14 789
After tax
19 077
20 443
16 992
17 711
Living cost
9 651
9 651
9 651
9 651
Free-cash
9 426
10 792
7 341
8 060

Estimated living cost  is ₴9651 per week

₴5827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
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
₴5509
₴4554
₴5712
₴4031
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
-
-
-
193
regional
-
-
-
490
national
-
-
-
6 172
social contributions
-
-
-
8 359
total
-
-
-
15 214
Employee
23 835
-
32 500
-
social contributions
8 037
-
10 959
-
regional
321
-
437
-
municipal
126
-
172
-
national
3 776
-
5 327
-
total
12 260
-
16 895
-
Employer
23 835
-
32 500
-
total
-
-
-
-
Corporate
8 665
32 500
-
-
nationa
2 080
7 800
-
-
municipal
431
1 615
-
-
total
2 511
9 415
-
-
Dividends
6 155
23 085
-
-
withholding
1 601
6 002
-
-
total
1 601
6 002
-
-
Income
32 500
32 500
32 500
32 500
Total tax
16 372
15 417
16 895
15 214
After tax
16 128
17 083
15 605
17 286
Living cost
11 574
11 574
11 574
11 574
Free-cash
4 554
5 509
4 031
5 712

Estimated living cost  is ₴11574 per week

₴7198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3006
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
₴9715
₴5198
₴3169
₴3833
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
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 490
total
-
-
-
16 670
Employee
18 619
-
24 254
-
social contributions
1 210
-
1 576
-
health
2 514
-
3 274
-
solidarity contribution
-
-
-
-
income
2 234
-
2 910
-
total
5 958
-
7 760
-
Employer
18 619
-
24 254
-
social contributions
4 655
-
6 063
-
health
1 676
-
2 183
-
total
6 331
-
8 246
-
Corporate
7 550
32 500
-
-
income
1 435
6 175
-
-
total
1 435
6 175
-
-
Dividends
6 116
26 325
-
-
withholding
917
3 949
-
-
total
917
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 641
10 124
16 006
16 670
After tax
17 859
22 376
16 494
15 830
Living cost
12 661
12 661
12 661
12 661
Free-cash
5 198
9 715
3 833
3 169

Estimated living cost  is ₴12661 per week

₴9416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2325
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
₴4733
₴4521
₴3760
-₴2466
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
chamber of commerce
-
-
-
130
income
-
-
-
3 768
pensions
-
-
-
6 013
unemployment
-
-
-
2 635
health
-
-
-
2 486
surtax
-
-
-
-
total
-
-
-
15 032
Employee
18 782
17 123
25 236
-
other
188
171
252
-
health
727
663
977
-
income
1 673
1 263
3 523
-
pensions
1 923
1 753
2 584
-
unemployment
563
514
757
-
total
5 074
4 364
8 093
-
Employer
18 782
17 123
25 236
-
accident
244
223
328
-
other
892
813
1 199
-
chamber of commerce
75
68
101
-
unemployment
563
514
757
-
surtax
-
-
-
-
pensions
2 357
2 149
3 167
-
payroll
563
514
757
-
health
710
647
954
-
total
5 404
4 928
7 263
-
Corporate
8 313
10 449
23 607
-
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.

2 078
2 612
5 902
-
total
2 078
2 612
5 902
-
Dividends
6 234
7 836
-
-
withholding
1 715
2 155
-
-
total
1 715
2 155
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 271
14 059
21 258
15 032
After tax
18 229
18 441
11 242
17 468
Living cost
13 708
13 708
13 708
13 708
Free-cash
4 521
4 733
-2 466
3 760

Estimated living cost  is ₴13708 per week

₴8223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 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
₴24809
₴23671
₴26109
₴19934
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
7 582
-
32 500
-
income
1 517
-
6 500
-
total
1 517
-
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%.

24 918
32 500
-
-
total
-
-
-
-
Dividends
24 918
32 500
-
-
withholding
1 246
1 625
-
-
total
1 246
1 625
-
-
Income
32 500
32 500
32 500
32 500
Total tax
2 763
1 625
6 500
325
After tax
29 737
30 875
26 000
32 175
Living cost
6 066
6 066
6 066
6 066
Free-cash
23 671
24 809
19 934
26 109

Estimated living cost  is ₴6066 per week

₴4105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴1503
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
₴10851
₴7258
₴5749
₴4818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
32 500
income
-
-
-
6 044
pensions
-
-
-
5 935
unemployment
-
-
-
49
health
-
-
-
3 198
total
-
-
-
15 226
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.

19 000
-
28 121
-
health
1 227
-
1 816
-
income
3 277
-
5 565
-
pensions
2 945
-
4 359
-
unemployment
27
-
39
-
total
7 476
-
11 779
-
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.

19 000
-
28 121
-
unemployment
11
-
17
-
pensions
1 681
-
2 489
-
health
1 265
-
1 872
-
total
2 957
-
4 378
-
Corporate
10 542
32 500
-
-
income
2 003
6 175
-
-
total
2 003
6 175
-
-
Dividends
8 539
26 325
-
-
withholding
1 281
3 949
-
-
total
1 281
3 949
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 717
10 124
16 157
15 226
After tax
18 783
22 376
16 343
17 274
Living cost
11 525
11 525
11 525
11 525
Free-cash
7 258
10 851
4 818
5 749

Estimated living cost  is ₴11525 per week

₴7909
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.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2654
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
₴1139
-₴31893
₴3826
₴8185
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
26 719
-
-
-
social contributions
2 191
-
312
-
income
5 894
-
-
-
total
8 085
-
312
-
Employer
26 719
-
-
-
social contributions
37 674
-
5 369
-
total
37 674
-
5 369
-
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
45 759
12 727
5 681
10 040
After tax
-13 259
19 773
26 819
22 460
Living cost
18 634
18 634
18 634
18 634
Free-cash
-31 893
1 139
8 185
3 826

Estimated living cost  is ₴18634 per week

₴12091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1753
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.
₴4554
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
₴5009
₴4578
₴4972
₴3701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
32 500
income
-
-
-
2 757
surtax
-
-
-
-
social contributions

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

-
-
-
11 294
total
-
-
-
14 051
Employee
19 762
-
26 262
-
social contributions
2 174
-
2 889
-
surtax
-
-
-
-
income
4 110
-
6 195
-
total
6 284
-
9 084
-
Employer
19 762
-
26 262
-
social contributions
4 693
-
6 238
-
total
4 693
-
6 238
-
Corporate
8 045
32 500
-
-
surtax
-
-
-
-
income
1 689
6 825
-
-
total
1 689
6 825
-
-
Dividends
6 356
25 675
-
-
withholding
1 779
7 189
-
-
total
1 779
7 189
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 445
14 014
15 322
14 051
After tax
18 055
18 486
17 178
18 449
Living cost
13 477
13 477
13 477
13 477
Free-cash
4 578
5 009
3 701
4 972

Estimated living cost  is ₴13477 per week

₴10084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2374
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
-₴4372
-₴2817
-₴1454
-₴1351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
1 845
pensions
-
-
-
9 141
other
-
-
-
1 008
health
-
-
-
281
surtax
-
-
-
-
social contributions
-
-
-
926
total
-
-
-
13 201
Employee
26 911
-
24 765
-
social contributions
766
-
705
-
surtax
-
-
-
-
income
2 348
-
1 856
-
pensions
3 044
-
2 801
-
total
6 158
-
5 362
-
Employer
26 911
-
24 765
-
other
929
-
855
-
social contributions
81
-
74
-
unemployment
1 090
-
1 003
-
pensions
4 422
-
4 070
-
health
1 884
-
1 734
-
total
8 406
-
7 736
-
Corporate
-
32 500
-
-
surtax
-
-
-
-
income
-
9 100
-
-
total
-
9 100
-
-
Dividends
-
23 400
-
-
surtax
-
-
-
-
social contributions
-
4 024
-
-
withholding
-
2 995
-
-
total
-
7 019
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 564
16 119
13 098
13 201
After tax
17 936
16 381
19 402
19 299
Living cost
20 753
20 753
20 753
20 753
Free-cash
-2 817
-4 372
-1 351
-1 454

Estimated living cost  is ₴20753 per week

₴14045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4725
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
₴16334
₴14891
₴12145
₴13057
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
-
-
-
289
social contributions
-
-
-
7 150
total
-
-
-
7 439
Employee
13 814
-
28 139
-
income
-
-
337
-
social contributions
898
-
1 829
-
total
898
-
2 166
-
Employer
13 814
-
28 139
-
social contributions
2 141
-
4 361
-
total
2 141
-
4 361
-
Corporate
16 545
32 500
-
-
income
1 654
3 250
-
-
total
1 654
3 250
-
-
Dividends
14 891
29 250
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
4 693
3 250
6 527
7 439
After tax
27 807
29 250
25 973
25 061
Living cost
12 916
12 916
12 916
12 916
Free-cash
14 891
16 334
13 057
12 145

Estimated living cost  is ₴12916 per week

₴8351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
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.
₴3348
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
-₴61114
-₴61114
-₴100
-₴61114
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
-
-
-
5 678
pensions
-
-
-
372
national
-
-
-
3 287
labour market
-
-
-
2 570
total
-
-
-
11 907
Employee
87 338
87 338
87 338
-
labour market
6 977
6 977
6 977
-
national
10 670
10 670
10 670
-
municipal
18 598
18 598
18 598
-
pensions
124
124
124
-
total
36 369
36 369
36 369
-
Employer
87 338
87 338
87 338
-
labour market
6 987
6 987
6 987
-
municipal
18 628
18 628
18 628
-
pensions
248
248
248
-
national
10 689
10 689
10 689
-
total
36 552
36 552
36 552
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
72 921
72 921
72 921
11 907
After tax
-40 421
-40 421
-40 421
20 593
Living cost
20 693
20 693
20 693
20 693
Free-cash
-61 114
-61 114
-61 114
-100

Estimated living cost  is ₴20693 per week

₴14162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4382
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
-₴6657
₴1209
₴13082
₴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
accident
-
-
-
108
income
-
-
-
7 143
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 128
Employee
14 614
-
26 998
-
health
1 673
-
3 091
-
income
2 005
-
4 375
-
pensions
1 646
-
3 040
-
total
5 324
-
10 506
-
Employer
14 614
-
26 998
-
accident
244
-
451
-
unemployment
358
-
661
-
pensions
2 376
-
4 390
-
total
2 978
-
5 502
-
Corporate
14 907
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.

13 416
29 250
-
-
total
13 416
29 250
-
-
Dividends
1 491
3 250
-
-
withholding
283
617
-
-
total
283
617
-
-
Income
32 500
32 500
32 500
32 500
Total tax
22 001
29 867
16 008
10 128
After tax
10 499
2 633
16 492
22 372
Living cost
9 290
9 290
9 290
9 290
Free-cash
1 209
-6 657
7 202
13 082

Estimated living cost  is ₴9290 per week

₴6762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
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.
₴1824
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
₴5685
₴3895
₴7623
₴2873
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
-
-
-
5 792
health
-
-
-
321
national
-
-
-
2 268
total
-
-
-
8 381
Employee
22 606
-
27 340
-
health
169
-
241
-
municipal
3 703
-
4 472
-
pensions
1 526
-
1 845
-
unemployment
339
-
410
-
national
373
-
1 003
-
total
6 110
-
7 971
-
Employer
22 606
-
27 340
-
accident
23
-
28
-
unemployment
147
-
178
-
pensions
3 922
-
4 744
-
health
174
-
210
-
total
4 266
-
5 160
-
Corporate
5 629
32 500
-
-
income
1 126
6 500
-
-
total
1 126
6 500
-
-
Dividends

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

3 377
19 500
-
-
national
-
309
-
-
municipal
607
3 510
-
-
total
607
3 819
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 109
10 319
13 131
8 381
After tax
20 391
22 181
19 369
24 119
Living cost
16 496
16 496
16 496
16 496
Free-cash
3 895
5 685
2 873
7 623

Estimated living cost  is ₴16496 per week

₴10775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
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.
₴3872
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
₴12835
₴11564
₴14325
₴13443
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
-
-
-
2 329
health
-
-
-
828
social contributions
-
-
-
5 070
total
-
-
-
8 227
Employee
33 040
33 040
33 040
-
social contributions
1 249
2 742
2 449
-
health
256
562
501
-
income
3 597
3 059
3 165
-
total
5 102
6 363
6 115
-
Employer
33 040
33 040
33 040
-
social contributions
1 249
2 742
2 449
-
health
278
612
545
-
total
1 527
3 354
2 994
-
Corporate
15 922
-
-
-
income
1 990
-
-
-
total
1 990
-
-
-
Dividends
13 932
-
-
-
withholding
2 369
-
-
-
total
2 369
-
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 988
9 717
9 109
8 227
After tax
21 512
22 783
23 391
24 273
Living cost
9 948
9 948
9 948
9 948
Free-cash
11 564
12 835
13 443
14 325

Estimated living cost  is ₴9948 per week

₴5962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴976
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.
₴2790
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
₴20092
₴17906
₴18428
₴13259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
32 500
income
-
-
-
2 950
pensions
-
-
-
2 733
unemployment
-
-
-
12
health
-
-
-
1 555
total
-
-
-
7 250
Employee

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

9 862
-
29 464
-
health
838
-
2 505
-
income
674
-
2 312
-
pensions
1 479
-
4 419
-
unemployment
49
-
148
-
total
3 040
-
9 384
-
Employer

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

9 862
-
29 464
-
unemployment
49
-
148
-
pensions
542
-
1 620
-
health
424
-
1 267
-
total
1 015
-
3 035
-
Corporate
21 622
32 500
-
-
income
1 946
2 925
-
-
total
1 946
2 925
-
-
Dividends
19 676
29 575
-
-
withholding
1 771
2 661
-
-
total
1 771
2 661
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 772
5 586
12 419
7 250
After tax
24 728
26 914
20 081
25 250
Living cost
6 822
6 822
6 822
6 822
Free-cash
17 906
20 092
13 259
18 428

Estimated living cost  is ₴6822 per week

₴4353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴1774
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
₴10105
₴7853
₴5604
₴5835
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
accident
-
-
-
293
income
-
-
-
5 329
pensions
-
-
-
9 198
other
-
-
-
33
unemployment
-
-
-
227
total
-
-
-
15 080
Employee
15 888
-
24 645
-
other
15
-
24
-
income
3 063
-
5 428
-
pensions
747
-
1 159
-
unemployment
246
-
382
-
total
4 071
-
6 993
-
Employer
15 888
-
24 645
-
accident
315
-
488
-
other
127
-
197
-
unemployment
874
-
1 355
-
pensions
3 749
-
5 816
-
total
5 065
-
7 856
-
Corporate
11 547
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.

1 732
4 875
-
-
total
1 732
4 875
-
-
Dividends
9 815
27 625
-
-
withholding
1 963
5 704
-
-
total
1 963
5 704
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 831
10 579
14 849
15 080
After tax
19 669
21 921
17 651
17 420
Living cost
11 816
11 816
11 816
11 816
Free-cash
7 853
10 105
5 835
5 604

Estimated living cost  is ₴11816 per week

₴7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2498
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
₴19103
₴18909
₴19257
₴19173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
10 586
pensions
-
-
-
858
health
-
-
-
622
total
-
-
-
12 066
Employee
1 792
-
31 535
-
health
90
-
215
-
income
347
-
10 540
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
616
-
11 184
-
Employer
1 792
-
31 535
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
408
-
total
403
-
966
-
Corporate
30 305
32 500
-
-
income
6 667
7 150
-
-
total
6 667
7 150
-
-
Dividends
23 638
25 350
-
-
withholding
4 728
5 070
-
-
total
4 728
5 070
-
-
Income
32 500
32 500
32 500
32 500
Total tax
12 414
12 220
12 150
12 066
After tax
20 086
20 280
20 350
20 434
Living cost
1 177
1 177
1 177
1 177
Free-cash
18 909
19 103
19 173
19 257

Estimated living cost  is ₴1177 per week

₴699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴355
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
₴16051
₴13937
₴8499
₴9525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
32 500
income
-
-
-
4 570
pensions
-
-
-
8 255
unemployment
-
-
-
476
health
-
-
-
3 270
total
-
-
-
16 571
Employee

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

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

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

11 204
-
27 566
-
health
577
-
1 420
-
income
1 544
-
5 124
-
pensions
1 569
-
3 859
-
unemployment
84
-
207
-
total
3 774
-
10 610
-
Employer

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

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

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

11 204
-
27 566
-
unemployment
84
-
207
-
pensions
1 344
-
3 308
-
health
577
-
1 420
-
total
2 005
-
4 935
-
Corporate
19 290
32 500
-
-
income
2 894
4 875
-
-
total
2 894
4 875
-
-
Dividends
16 397
27 625
-
-
withholding
2 460
4 144
-
-
total
2 460
4 144
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 133
9 019
15 545
16 571
After tax
21 367
23 481
16 955
15 929
Living cost
7 430
7 430
7 430
7 430
Free-cash
13 937
16 051
9 525
8 499

Estimated living cost  is ₴7430 per week

₴5003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1638
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
₴6902
₴6748
₴6865
₴5594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
32 500
income
-
-
-
2 757
surtax
-
-
-
-
social contributions

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

-
-
-
11 294
total
-
-
-
14 051
Employee
16 677
-
26 262
-
social contributions
1 835
-
2 889
-
surtax
-
-
-
-
income
3 258
-
6 195
-
total
5 093
-
9 084
-
Employer
16 677
-
26 262
-
social contributions
3 960
-
6 238
-
total
3 960
-
6 238
-
Corporate
11 863
32 500
-
-
surtax
-
-
-
-
income
2 491
6 825
-
-
total
2 491
6 825
-
-
Dividends
9 372
25 675
-
-
withholding
2 624
7 189
-
-
total
2 624
7 189
-
-
Income
32 500
32 500
32 500
32 500
Total tax
14 168
14 014
15 322
14 051
After tax
18 332
18 486
17 178
18 449
Living cost
11 584
11 584
11 584
11 584
Free-cash
6 748
6 902
5 594
6 865

Estimated living cost  is ₴11584 per week

₴8204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2370
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
₴6820
₴3534
₴2319
₴2550
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
accident
-
-
-
293
income
-
-
-
5 329
pensions
-
-
-
9 198
other
-
-
-
33
unemployment
-
-
-
227
total
-
-
-
15 080
Employee
20 751
-
24 645
-
other
20
-
24
-
income
4 334
-
5 428
-
pensions
975
-
1 159
-
unemployment
321
-
382
-
total
5 650
-
6 993
-
Employer
20 751
-
24 645
-
accident
411
-
488
-
other
166
-
197
-
unemployment
1 142
-
1 355
-
pensions
4 897
-
5 816
-
total
6 616
-
7 856
-
Corporate
5 133
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.

770
4 875
-
-
total
770
4 875
-
-
Dividends
4 363
27 625
-
-
withholding
829
5 704
-
-
total
829
5 704
-
-
Income
32 500
32 500
32 500
32 500
Total tax
13 865
10 579
14 849
15 080
After tax
18 635
21 921
17 651
17 420
Living cost
15 101
15 101
15 101
15 101
Free-cash
3 534
6 820
2 550
2 319

Estimated living cost  is ₴15101 per week

₴10845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2869
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
₴20397
₴17778
₴16228
₴17037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
4 875
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
8 882
Employee
9 786
-
29 556
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
income
979
-
2 956
-
pensions

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

859
-
1 318
-
total
2 396
-
5 129
-
Employer
9 786
-
29 556
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 654
-
health
675
-
1 035
-
total
1 920
-
2 944
-
Corporate
20 794
32 500
-
-
income
2 080
3 250
-
-
total
2 080
3 250
-
-
Dividends
18 715
29 250
-
-
withholding
936
1 463
-
-
total
936
1 463
-
-
Income
32 500
32 500
32 500
32 500
Total tax
7 332
4 713
8 073
8 882
After tax
25 168
27 787
24 427
23 618
Living cost
7 390
7 390
7 390
7 390
Free-cash
17 778
20 397
17 037
16 228

Estimated living cost  is ₴7390 per week

₴4888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
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.
₴1903
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
₴207
₴5828
₴5741
₴7538
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
-
-
-
1 797
income

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

-
-
-
5 154
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.

-
-
-
2 935
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.

-
-
-
284
total
-
-
-
10 170
Employee

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

21 379
-
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.

2 935
-
2 935
-
surtax

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

97
-
284
-
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.

1 758
-
5 154
-
total
4 790
-
8 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 121
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.

92
268
-
-
income
1 668
4 875
-
-
trade
1 596
4 664
-
-
chamber of commerce
82
113
-
-
total
3 438
9 920
-
-
Dividends
7 683
22 580
-
-
surtax

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

97
302
-
-
withholding
1 758
5 482
-
-
total
1 855
5 784
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 083
15 704
8 373
10 170
After tax
22 417
16 796
24 127
22 330
Living cost
16 589
16 589
16 589
16 589
Free-cash
5 828
207
7 538
5 741

Estimated living cost  is ₴16589 per week

₴11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3120
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
-₴1725
-₴1110
-₴544
-₴544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
32 500
income
-
-
-
5 898
social contributions
-
-
-
2 670
total
-
-
-
8 568
Employee
33 610
-
32 500
-
income
6 342
-
5 898
-
social contributions
2 792
-
2 670
-
total
9 134
-
8 568
-
Employer
33 610
-
32 500
-
total
-
-
-
-
Corporate
-
32 500
-
-
income
-
4 062
-
-
total
-
4 062
-
-
Dividends
-
28 438
-
-
withholding
-
5 687
-
-
total
-
5 687
-
-
Income
32 500
32 500
32 500
32 500
Total tax
9 134
9 749
8 568
8 568
After tax
23 366
22 751
23 932
23 932
Living cost
24 476
24 476
24 476
24 476
Free-cash
-1 110
-1 725
-544
-544

Estimated living cost  is ₴24476 per week

₴18621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3627
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
₴3258
₴5746
₴1793
₴8109
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
-
-
-
12 231
health

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

-
-
-
2 879
total
-
-
-
15 110
Employee
19 711
-
30 524
-
income
2 139
-
4 842
-
social contributions
1 975
-
1 976
-
total
4 114
-
6 818
-
Employer
19 711
-
30 524
-
social contributions
1 975
-
1 976
-
total
1 975
-
1 976
-
Corporate
10 814
32 500
-
-
income
3 785
11 375
-
-
total
3 785
11 375
-
-
Dividends
7 029
21 125
-
-
social contributions
1 283
2 270
-
-
total
1 283
2 270
-
-
Income
32 500
32 500
32 500
32 500
Total tax
11 157
13 645
8 794
15 110
After tax
21 343
18 855
23 706
17 390
Living cost
15 597
15 597
15 597
15 597
Free-cash
5 746
3 258
8 109
1 793

Estimated living cost  is ₴15597 per week

₴10274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3854
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
₴8411
₴5989
₴8293
₴4751
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
-
-
-
6 058
pensions
-
-
-
2 209
total
-
-
-
8 267
Employee
21 880
-
28 789
-
health
285
-
427
-
income
3 984
-
5 172
-
pensions
1 670
-
2 500
-
total
5 939
-
8 099
-
Employer
21 880
-
28 789
-
pensions
2 211
-
3 163
-
health
416
-
547
-
total
2 627
-
3 710
-
Corporate
7 994
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.

1 519
6 175
-
-
total
1 519
6 175
-
-
Dividends
6 475
26 325
-
-
withholding
486
1 974
-
-
total
486
1 974
-
-
Income
32 500
32 500
32 500
32 500
Total tax
10 571
8 149
11 809
8 267
After tax
21 929
24 351
20 691
24 233
Living cost
15 940
15 940
15 940
15 940
Free-cash
5 989
8 411
4 751
8 293

Estimated living cost  is ₴15940 per week

₴10935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1466
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.
₴3339
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
-₴7577
₴1069
₴12162
₴6282
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
accident
-
-
-
108
income
-
-
-
7 143
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 128
Employee
16 061
-
26 998
-
health
1 839
-
3 091
-
income
2 203
-
4 375
-
pensions
1 808
-
3 040
-
total
5 850
-
10 506
-
Employer
16 061
-
26 998
-
accident
268
-
451
-
unemployment
393
-
661
-
pensions
2 611
-
4 390
-
total
3 272
-
5 502
-
Corporate
13 166
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.

11 849
29 250
-
-
total
11 849
29 250
-
-
Dividends
1 317
3 250
-
-
withholding
250
617
-
-
total
250
617
-
-
Income
32 500
32 500
32 500
32 500
Total tax
21 221
29 867
16 008
10 128
After tax
11 279
2 633
16 492
22 372
Living cost
10 210
10 210
10 210
10 210
Free-cash
1 069
-7 577
6 282
12 162

Estimated living cost  is ₴10210 per week

₴7493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1916
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
₴21822
₴19735
₴13054
₴13054
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
work injury
-
-
-
163
health insurance
-
-
-
2 405
income
-
-
-
4 705
pensions
-
-
-
5 980
unemployment
-
-
-
390
total
-
-
-
13 643
Employee

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

9 285
-
32 500
-
work injury
46
-
163
-
income
928
-
4 705
-
pensions
1 708
-
5 980
-
health insurance
687
-
2 405
-
unemployment
111
-
390
-
total
3 480
-
13 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 215
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
23 215
32 500
-
-
withholding
3 482
4 875
-
-
total
3 482
4 875
-
-
Income
32 500
32 500
32 500
32 500
Total tax
6 962
4 875
13 643
13 643
After tax
25 538
27 625
18 857
18 857
Living cost
5 803
5 803
5 803
5 803
Free-cash
19 735
21 822
13 054
13 054

Estimated living cost  is ₴5803 per week

₴3595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1605
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
₴2
-₴3708
₴83
-₴1563
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
-
-
-
552
national
-
-
-
6 172
social contributions
-
-
-
8 359
total
-
-
-
15 300
Employee
36 207
-
32 500
-
social contributions
12 209
-
10 959
-
regional
547
-
466
-
municipal
216
-
194
-
national
6 119
-
5 327
-
total
19 091
-
16 946
-
Employer
36 207
-
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
19 091
15 381
16 946
15 300
After tax
13 409
17 119
15 554
17 200
Living cost
17 117
17 117
17 117
17 117
Free-cash
-3 708
2
-1 563
83

Estimated living cost  is ₴17117 per week

₴12024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3657
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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