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
₴ 33000
per

Your estimated
City
free-cash

Dresden , Germany
₴8302
₴1728
₴7207
₴9871
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.

-
-
-
33 000
trade
-
-
-
1 569
health

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

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

-
-
-
3 385
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.

-
-
-
247
income

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

-
-
-
4 491
total
-
-
-
9 692
Employee

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

18 949
-
33 000
-
surtax

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

29
-
247
-
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.

529
-
4 491
-
health

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

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

3 385
-
3 385
-
total
3 943
-
8 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 051
33 000
-
-
trade
2 213
5 197
-
-
income
2 108
4 950
-
-
chamber of commerce
95
122
-
-
surtax

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

116
273
-
-
total
4 532
10 542
-
-
Dividends
9 519
22 458
-
-
withholding
2 192
5 426
-
-
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.

120
298
-
-
total
2 312
5 724
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 787
16 266
8 123
9 692
After tax
22 213
16 734
24 877
23 308
Living cost
15 006
15 006
15 006
15 006
Free-cash
7 207
1 728
9 871
8 302

Estimated living cost  is ₴15006 per week

₴9439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3537
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
-₴5822
-₴5756
-₴11552
-₴5563
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
-
-
-
33 000
municipal
-
-
-
3 200
pensions
-
-
-
3 960
social contributions
-
-
-
355
national
-
-
-
4 959
total
-
-
-
12 474
Employee
40 845
-
28 528
-
municipal
5 045
-
3 328
-
national
7 818
-
5 157
-
pensions
1 634
-
1 141
-
total
14 497
-
9 626
-
Employer
40 845
-
28 528
-
pensions
3 268
-
2 282
-
social contributions
439
-
307
-
total
3 707
-
2 589
-
Corporate
-
33 000
-
-
income

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

-
6 600
-
-
total
-
6 600
-
-
Dividends
-
26 400
-
-
withholding
-
5 808
-
-
total
-
5 808
-
-
Income
33 000
33 000
33 000
33 000
Total tax
18 204
12 408
12 215
12 474
After tax
14 796
20 592
20 785
20 526
Living cost
26 348
26 348
26 348
26 348
Free-cash
-11 552
-5 756
-5 563
-5 822

Estimated living cost  is ₴26348 per week

₴17909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2449
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴394
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.
₴5596
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
₴16183
₴16093
₴12028
₴8483
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.

-
-
-
33 000
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.

-
-
-
1 560
income
-
-
-
-
microenterprise
-
-
-
4 950
total
-
-
-
6 510
Employee
14 477
-
26 594
-
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.

1 593
-
2 925
-
surtax
-
-
-
-
income
2 577
-
4 879
-
total
4 170
-
7 804
-
Employer
14 477
-
26 594
-
surtax
-
-
-
-
social contributions

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

3 487
-
6 406
-
total
3 487
-
6 406
-
Corporate
15 036
33 000
-
-
income

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

3 008
6 600
-
-
total
3 008
6 600
-
-
Dividends

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

12 029
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 665
6 600
14 210
6 510
After tax
22 335
26 400
18 790
26 490
Living cost
10 307
10 307
10 307
10 307
Free-cash
12 028
16 093
8 483
16 183

Estimated living cost  is ₴10307 per week

₴6576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴982
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.
₴2516
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
-₴1931
-₴13417
-₴16197
-₴16197
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
-
-
-
33 000
pensions
-
-
-
5 805
health
-
-
-
4 993
income
-
-
-
3 379
total
-
-
-
14 177
Employee
42 308
42 308
42 308
-
pensions
7 615
5 805
7 615
-
income

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

6 925
6 925
6 925
-
health
6 494
5 524
6 494
-
total
21 034
18 254
21 034
-
Employer
42 308
42 308
42 308
-
pensions
2 945
2 945
2 945
-
unemployment
1 523
1 523
1 523
-
health
2 941
2 941
2 941
-
total
7 409
7 409
7 409
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
28 443
25 663
28 443
14 177
After tax
4 557
7 337
4 557
18 823
Living cost
20 754
20 754
20 754
20 754
Free-cash
-16 197
-13 417
-16 197
-1 931

Estimated living cost  is ₴20754 per week

₴14708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴3845
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
-₴3979
-₴2411
-₴5255
-₴2806
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
-
-
-
33 000
municipal
-
-
-
6 990
pensions
-
-
-
3 567
health
-
-
-
2 059
other
-
-
-
3 835
unemployment
-
-
-
33
accident
-
-
-
66
national
-
-
-
-
total
-
-
-
16 550
Employee
29 110
-
25 110
-
municipal
8 680
-
7 488
-
national
-
-
-
-
total
8 680
-
7 488
-
Employer
29 110
-
25 110
-
pensions
3 147
-
2 714
-
other
3 383
-
2 918
-
unemployment
768
-
663
-
accident
58
-
50
-
health
1 790
-
1 544
-
total
9 146
-
7 889
-
Corporate
-
33 000
-
-
income
-
7 260
-
-
total
-
7 260
-
-
Dividends
-
25 740
-
-
withholding
-
7 722
-
-
total
-
7 722
-
-
Income
33 000
33 000
33 000
33 000
Total tax
17 826
14 982
15 377
16 550
After tax
15 174
18 018
17 623
16 450
Living cost
20 429
20 429
20 429
20 429
Free-cash
-5 255
-2 411
-2 806
-3 979

Estimated living cost  is ₴20429 per week

₴13540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴310
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.
₴4575
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
₴3774
-₴2900
₴4060
₴5414
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.

-
-
-
33 000
trade
-
-
-
1 640
health

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

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

-
-
-
3 385
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.

-
-
-
247
income

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

-
-
-
4 491
total
-
-
-
9 763
Employee

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

25 124
-
33 000
-
surtax

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

118
-
247
-
income

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

2 159
-
4 491
-
health

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

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

3 385
-
3 385
-
total
5 662
-
8 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 876
33 000
-
-
trade
1 296
5 429
-
-
income
1 182
4 950
-
-
chamber of commerce
86
122
-
-
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.

65
273
-
-
total
2 629
10 774
-
-
Dividends
5 247
22 227
-
-
withholding
1 124
5 368
-
-
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.

62
295
-
-
total
1 186
5 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 477
16 437
8 123
9 763
After tax
23 523
16 563
24 877
23 237
Living cost
19 463
19 463
19 463
19 463
Free-cash
4 060
-2 900
5 414
3 774

Estimated living cost  is ₴19463 per week

₴13017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4103
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
₴9173
₴5727
₴6127
₴7122
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
-
-
-
33 000
health
-
-
-
841
social contributions
-
-
-
5 148
income
-
-
-
1 769
total
-
-
-
7 758
Employee
38 096
38 096
38 096
-
social contributions
1 851
3 162
2 487
-
income
4 000
3 527
3 770
-
health
379
648
510
-
total
6 230
7 337
6 767
-
Employer
38 096
38 096
38 096
-
social contributions
1 851
3 162
2 487
-
health
413
705
555
-
total
2 264
3 867
3 042
-
Corporate
8 436
-
-
-
income
1 055
-
-
-
total
1 055
-
-
-
Dividends
7 381
-
-
-
withholding
1 255
-
-
-
total
1 255
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 804
11 204
9 809
7 758
After tax
22 196
21 796
23 191
25 242
Living cost
16 069
16 069
16 069
16 069
Free-cash
6 127
5 727
7 122
9 173

Estimated living cost  is ₴16069 per week

₴10985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3559
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
₴13758
₴9551
₴9740
₴10027
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
-
-
-
33 000
pensions
-
-
-
3 300
health
-
-
-
2 310
unemployment
-
-
-
495
income
-
-
-
4 034
total
-
-
-
10 139
Employee

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

The minimum wage is 138,000 HUF per month.

13 140
5 229
27 615
-
pensions
1 314
523
2 762
-
unemployment
197
78
414
-
income
1 606
639
3 376
-
health
920
366
1 933
-
total
4 037
1 606
8 485
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 140
5 229
27 615
-
pensions
2 562
1 020
5 385
-
total
2 562
1 020
5 385
-
Corporate
17 298
26 751
-
-
income
1 557
2 408
-
-
total
1 557
2 408
-
-
Dividends
15 741
24 343
-
-
withholding
2 991
4 625
-
-
social contributions
3 010
4 687
-
-
total
6 001
9 312
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 157
14 346
13 870
10 139
After tax
18 843
18 654
19 130
22 861
Living cost
9 103
9 103
9 103
9 103
Free-cash
9 740
9 551
10 027
13 758

Estimated living cost  is ₴9103 per week

₴6212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1964
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
₴5898
₴14434
₴11356
₴7055
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
-
-
-
33 000
pensions
-
-
-
6 600
health
-
-
-
4 290
income
-
-
-
4 246
total
-
-
-
15 136
Employee
14 055
-
24 664
-
pensions
281
-
494
-
unemployment
225
-
395
-
income
1 582
-
4 755
-
total
2 088
-
5 644
-
Employer
14 055
-
24 664
-
pensions
2 811
-
4 932
-
unemployment
113
-
197
-
health
1 827
-
3 206
-
total
4 751
-
8 335
-
Corporate
14 195
33 000
-
-
income
2 839
6 600
-
-
total
2 839
6 600
-
-
Dividends
11 355
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 678
6 600
13 979
15 136
After tax
23 322
26 400
19 021
17 864
Living cost
11 966
11 966
11 966
11 966
Free-cash
11 356
14 434
7 055
5 898

Estimated living cost  is ₴11966 per week

₴8208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴713
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.
₴2805
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
₴11693
-₴8394
₴976
₴6042
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
-
-
-
33 000
pensions
-
-
-
2 093
health
-
-
-
1 097
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
6 737
total
-
-
-
10 240
Employee
17 409
-
27 413
-
pensions
1 960
-
3 087
-
income
2 388
-
4 078
-
health
1 993
-
3 139
-
total
6 341
-
10 304
-
Employer
17 409
-
27 413
-
pensions
2 831
-
4 457
-
unemployment
427
-
672
-
accident
291
-
458
-
total
3 549
-
5 587
-
Corporate
12 043
33 000
-
-
income

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

10 838
29 700
-
-
total
10 838
29 700
-
-
Dividends
1 204
3 300
-
-
withholding
229
627
-
-
total
229
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 957
30 327
15 891
10 240
After tax
12 043
2 673
17 109
22 760
Living cost
11 067
11 067
11 067
11 067
Free-cash
976
-8 394
6 042
11 693

Estimated living cost  is ₴11067 per week

₴8111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴2112
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
₴28617
₴27297
₴26537
₴22347
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%.

-
-
-
33 000
microenterprise

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

-
-
-
330
total
-
-
-
330
Employee
5 066
-
33 000
-
income
1 013
-
6 600
-
total
1 013
-
6 600
-
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%.

27 934
33 000
-
-
total
-
-
-
-
Dividends
27 934
33 000
-
-
withholding
1 397
1 650
-
-
total
1 397
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 410
1 650
6 600
330
After tax
30 590
31 350
26 400
32 670
Living cost
4 053
4 053
4 053
4 053
Free-cash
26 537
27 297
22 347
28 617

Estimated living cost  is ₴4053 per week

₴2512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1093
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
₴4669
₴11044
₴7698
₴6143
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
-
-
-
33 000
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.

-
-
-
7 920
health
-
-
-
1 452
other
-
-
-
1 567
income
-
-
-
4 191
total
-
-
-
15 130
Employee
17 989
-
26 358
-
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.

1 259
-
1 845
-
unemployment
180
-
263
-
income
3 097
-
4 537
-
health
252
-
369
-
total
4 788
-
7 014
-
Employer
17 989
-
26 358
-
pensions

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

3 058
-
4 481
-
other
900
-
1 318
-
unemployment
180
-
263
-
accident
144
-
211
-
health
252
-
369
-
total
4 534
-
6 642
-
Corporate
10 478
33 000
-
-
income
2 200
6 930
-
-
total
2 200
6 930
-
-
Dividends
8 278
26 070
-
-
withholding
579
1 825
-
-
total
579
1 825
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 101
8 755
13 656
15 130
After tax
20 899
24 245
19 344
17 870
Living cost
13 201
13 201
13 201
13 201
Free-cash
7 698
11 044
6 143
4 669

Estimated living cost  is ₴13201 per week

₴9327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2770
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
-₴8079
-₴8031
-₴19700
-₴11576
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
-
-
-
33 000
pensions
-
-
-
2 152
income
-
-
-
6 169
total
-
-
-
8 321
Employee
46 348
-
29 321
-
pensions
4 471
-
2 428
-
income
8 355
-
5 295
-
health
764
-
415
-
total
13 590
-
8 138
-
Employer
46 348
-
29 321
-
pensions
5 472
-
3 123
-
health
880
-
557
-
total
6 352
-
3 680
-
Corporate
-
33 000
-
-
income

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

-
6 269
-
-
total
-
6 269
-
-
Dividends
-
26 731
-
-
withholding
-
2 004
-
-
total
-
2 004
-
-
Income
33 000
33 000
33 000
33 000
Total tax
19 942
8 273
11 818
8 321
After tax
13 058
24 727
21 182
24 679
Living cost
32 758
32 758
32 758
32 758
Free-cash
-19 700
-8 031
-11 576
-8 079

Estimated living cost  is ₴32758 per week

₴24546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴4097
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
₴16940
₴21723
₴19423
₴17650
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
-
-
-
33 000
pensions

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

-
-
-
2 560
health
-
-
-
1 989
unemployment
-
-
-
69
income
-
-
-
4 950
total
-
-
-
9 568
Employee
8 596
-
29 607
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
pensions

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

755
-
1 519
-
income
860
-
2 960
-
health
395
-
796
-
total
2 105
-
5 465
-
Employer
8 596
-
29 607
-
pensions

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

947
-
1 906
-
unemployment
51
-
104
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
health
593
-
1 193
-
total
1 686
-
3 393
-
Corporate
22 717
33 000
-
-
income
2 272
3 300
-
-
total
2 272
3 300
-
-
Dividends
20 445
29 700
-
-
withholding
1 022
1 485
-
-
total
1 022
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 085
4 785
8 858
9 568
After tax
25 915
28 215
24 142
23 432
Living cost
6 492
6 492
6 492
6 492
Free-cash
19 423
21 723
17 650
16 940

Estimated living cost  is ₴6492 per week

₴3790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2066
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
-₴8649
-₴20135
-₴20975
-₴22915
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
-
-
-
33 000
pensions
-
-
-
5 805
health
-
-
-
4 993
income
-
-
-
3 379
total
-
-
-
14 177
Employee
45 933
42 308
42 308
-
pensions
5 805
5 805
7 615
-
income

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

6 925
6 925
6 925
-
health
5 730
5 524
6 494
-
total
18 460
18 254
21 034
-
Employer
45 933
42 308
42 308
-
pensions
3 197
2 945
2 945
-
unemployment
1 654
1 523
1 523
-
health
3 192
2 941
2 941
-
total
8 043
7 409
7 409
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
26 503
25 663
28 443
14 177
After tax
6 497
7 337
4 557
18 823
Living cost
27 472
27 472
27 472
27 472
Free-cash
-20 975
-20 135
-22 915
-8 649

Estimated living cost  is ₴27472 per week

₴20265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
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.
₴4439
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
₴3764
₴10412
₴6021
₴4437
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
-
-
-
33 000
health
-
-
-
4 455
social contributions
-
-
-
9 636
solidarity contribution
-
-
-
-
income
-
-
-
2 836
total
-
-
-
16 927
Employee
18 102
-
24 627
-
social contributions
1 177
-
1 601
-
income
2 172
-
2 955
-
solidarity contribution
-
-
-
-
health
2 444
-
3 325
-
total
5 793
-
7 881
-
Employer
18 102
-
24 627
-
social contributions
4 525
-
6 157
-
health
1 629
-
2 216
-
total
6 154
-
8 373
-
Corporate
8 744
33 000
-
-
income
1 661
6 270
-
-
total
1 661
6 270
-
-
Dividends
7 083
26 730
-
-
withholding
1 062
4 009
-
-
total
1 062
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 670
10 279
16 254
16 927
After tax
18 330
22 721
16 746
16 073
Living cost
12 309
12 309
12 309
12 309
Free-cash
6 021
10 412
4 437
3 764

Estimated living cost  is ₴12309 per week

₴8550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2641
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
-₴2981
-₴3298
-₴11030
-₴4846
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
-
-
-
33 000
municipal
-
-
-
196
regional
-
-
-
338
social contributions
-
-
-
8 488
national
-
-
-
6 054
total
-
-
-
15 076
Employee
44 031
-
33 000
-
social contributions
14 847
-
11 128
-
municipal
233
-
175
-
regional
415
-
297
-
national
7 630
-
5 341
-
total
23 125
-
16 941
-
Employer
44 031
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
nationa
-
7 920
-
-
municipal
-
1 287
-
-
total
-
9 207
-
-
Dividends
-
23 793
-
-
withholding
-
6 186
-
-
total
-
6 186
-
-
Income
33 000
33 000
33 000
33 000
Total tax
23 125
15 393
16 941
15 076
After tax
9 875
17 607
16 059
17 924
Living cost
20 905
20 905
20 905
20 905
Free-cash
-11 030
-3 298
-4 846
-2 981

Estimated living cost  is ₴20905 per week

₴14573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴321
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.
₴4641
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
₴7338
₴9825
₴8284
₴6617
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
-
-
-
33 000
pensions
-
-
-
6 600
health
-
-
-
2 343
surtax
-
-
-
422
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
5 252
total
-
-
-
14 730
Employee
16 384
-
27 262
-
surtax
54
-
368
-
pensions
1 092
-
1 818
-
other
-
-
-
-
unemployment
1 140
-
1 897
-
income
2 746
-
4 935
-
health
418
-
695
-
total
5 450
-
9 713
-
Employer
16 384
-
27 262
-
pensions
2 184
-
3 634
-
other
-
-
-
-
unemployment
519
-
864
-
health
746
-
1 240
-
total
3 449
-
5 738
-
Corporate
13 168
33 000
-
-
income
3 423
8 580
-
-
total
3 423
8 580
-
-
Dividends
9 745
24 420
-
-
withholding
1 462
3 663
-
-
total
1 462
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 784
12 243
15 451
14 730
After tax
19 216
20 757
17 549
18 270
Living cost
10 932
10 932
10 932
10 932
Free-cash
8 284
9 825
6 617
7 338

Estimated living cost  is ₴10932 per week

₴6685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1009
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.
₴2987
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
₴2300
₴2348
-₴2012
-₴1197
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
-
-
-
33 000
pensions
-
-
-
2 152
income
-
-
-
6 169
total
-
-
-
8 321
Employee
31 061
-
29 321
-
pensions
2 636
-
2 428
-
income
5 594
-
5 295
-
health
451
-
415
-
total
8 681
-
8 138
-
Employer
31 061
-
29 321
-
pensions
3 362
-
3 123
-
health
590
-
557
-
total
3 952
-
3 680
-
Corporate
-
33 000
-
-
income

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

-
6 269
-
-
total
-
6 269
-
-
Dividends
-
26 731
-
-
withholding
-
2 004
-
-
total
-
2 004
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 633
8 273
11 818
8 321
After tax
20 367
24 727
21 182
24 679
Living cost
22 379
22 379
22 379
22 379
Free-cash
-2 012
2 348
-1 197
2 300

Estimated living cost  is ₴22379 per week

₴16766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1677
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.
₴3701
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
-₴11680
-₴24507
-₴17751
-₴13366
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
-
-
-
33 000
regional
-
-
-
801
city
-
-
-
347
pensions
-
-
-
3 036
health
-
-
-
129
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.

-
-
-
660
national
-
-
-
111
total
-
-
-
5 084
Employee
46 338
-
29 537
-
regional
1 517
-
676
-
national
219
-
92
-
pensions
3 893
-
2 481
-
unemployment
-
-
-
-
city
497
-
317
-
health
105
-
66
-
total
6 231
-
3 632
-
Employer
46 338
-
29 537
-
pensions
3 893
-
2 481
-
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.

926
-
591
-
unemployment
-
-
-
-
health
105
-
66
-
total
4 924
-
3 138
-
Corporate
-
33 000
-
-
regional
-
6 980
-
-
national
-
2 805
-
-
total
-
9 785
-
-
Dividends
-
23 216
-
-
withholding
-
8 126
-
-
total
-
8 126
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 155
17 911
6 770
5 084
After tax
21 845
15 089
26 230
27 916
Living cost
39 596
39 596
39 596
39 596
Free-cash
-17 751
-24 507
-13 366
-11 680

Estimated living cost  is ₴39596 per week

₴25749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴486
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.
₴9808
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
₴472
-₴6303
₴1732
₴2181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
trade
-
-
-
1 709
health

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

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

-
-
-
3 385
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.

-
-
-
247
income

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

-
-
-
4 491
total
-
-
-
9 832
Employee

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

29 775
-
33 000
-
surtax

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

193
-
247
-
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.

3 501
-
4 491
-
health

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

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

3 385
-
3 385
-
total
7 079
-
8 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 225
33 000
-
-
trade
553
5 660
-
-
income
484
4 950
-
-
chamber of commerce
80
121
-
-
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.

26
273
-
-
total
1 143
11 004
-
-
Dividends
2 082
21 996
-
-
withholding
332
5 311
-
-
surtax

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

18
292
-
-
total
350
5 603
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 572
16 607
8 123
9 832
After tax
24 428
16 393
24 877
23 168
Living cost
22 696
22 696
22 696
22 696
Free-cash
1 732
-6 303
2 181
472

Estimated living cost  is ₴22696 per week

₴16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4010
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
₴2723
-₴317
₴2609
₴2909
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
-
-
-
33 000
pensions
-
-
-
9 374
health
-
-
-
285
surtax
-
-
-
-
other
-
-
-
1 023
social contributions
-
-
-
940
income
-
-
-
1 705
total
-
-
-
13 327
Employee
21 204
-
25 147
-
social contributions
605
-
716
-
surtax
-
-
-
-
pensions
2 397
-
2 845
-
income
1 251
-
1 728
-
total
4 253
-
5 289
-
Employer
21 204
-
25 147
-
pensions
3 483
-
4 131
-
social contributions
64
-
75
-
other
731
-
868
-
unemployment
858
-
1 018
-
health
1 485
-
1 760
-
total
6 621
-
7 852
-
Corporate
5 175
33 000
-
-
income
1 449
9 240
-
-
surtax
-
-
-
-
total
1 449
9 240
-
-
Dividends
3 726
23 760
-
-
withholding
477
3 041
-
-
surtax
-
-
-
-
social contributions
641
4 086
-
-
total
1 118
7 127
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 441
16 367
13 141
13 327
After tax
19 559
16 633
19 859
19 673
Living cost
16 950
16 950
16 950
16 950
Free-cash
2 609
-317
2 909
2 723

Estimated living cost  is ₴16950 per week

₴10688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4597
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
₴4402
₴1362
₴4113
₴4588
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
-
-
-
33 000
pensions
-
-
-
9 374
health
-
-
-
285
surtax
-
-
-
-
other
-
-
-
1 023
social contributions
-
-
-
940
income
-
-
-
1 705
total
-
-
-
13 327
Employee
18 927
-
25 147
-
social contributions
540
-
716
-
surtax
-
-
-
-
pensions
2 141
-
2 845
-
income
976
-
1 728
-
total
3 657
-
5 289
-
Employer
18 927
-
25 147
-
pensions
3 110
-
4 131
-
social contributions
56
-
75
-
other
653
-
868
-
unemployment
766
-
1 018
-
health
1 325
-
1 760
-
total
5 910
-
7 852
-
Corporate
8 162
33 000
-
-
income
2 286
9 240
-
-
surtax
-
-
-
-
total
2 286
9 240
-
-
Dividends
5 876
23 760
-
-
withholding
752
3 041
-
-
surtax
-
-
-
-
social contributions
1 011
4 086
-
-
total
1 763
7 127
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 616
16 367
13 141
13 327
After tax
19 384
16 633
19 859
19 673
Living cost
15 271
15 271
15 271
15 271
Free-cash
4 113
1 362
4 588
4 402

Estimated living cost  is ₴15271 per week

₴8856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4574
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
₴10688
₴9627
₴9885
₴9109
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
-
-
-
33 000
health
-
-
-
2 303
social contributions
-
-
-
4 554
income
-
-
-
4 950
total
-
-
-
11 807
Employee
16 798
-
33 000
-
social contributions
2 318
-
4 554
-
income
2 802
-
6 529
-
health
1 172
-
2 303
-
total
6 292
-
13 386
-
Employer
16 798
-
33 000
-
total
-
-
-
-
Corporate
16 202
33 000
-
-
income

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

810
1 650
-
-
total
810
1 650
-
-
Dividends
15 392
31 350
-
-
withholding
2 309
4 703
-
-
social contributions
2 124
4 327
-
-
health
1 075
2 188
-
-
total
5 508
11 218
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 610
12 868
13 386
11 807
After tax
20 390
20 132
19 614
21 193
Living cost
10 505
10 505
10 505
10 505
Free-cash
9 885
9 627
9 109
10 688

Estimated living cost  is ₴10505 per week

₴7031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴457
₴1323
₴397
-₴5497
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
-
-
-
33 000
pensions
-
-
-
6 105
health
-
-
-
2 524
surtax
-
-
-
98
unemployment
-
-
-
3 039
income
-
-
-
3 188
chamber of commerce
-
-
-
132
total
-
-
-
15 086
Employee
24 759
19 744
25 549
-
pensions
2 536
2 021
2 617
-
other
247
197
256
-
unemployment
743
592
766
-
income
2 819
1 456
3 045
-
health
958
764
989
-
total
7 303
5 030
7 673
-
Employer
24 759
19 744
25 549
-
payroll
743
592
766
-
chamber of commerce
99
79
102
-
pensions
3 107
2 478
3 206
-
surtax
98
98
98
-
other
1 176
937
1 214
-
unemployment
743
592
766
-
accident
322
257
332
-
health
935
746
966
-
total
7 223
5 779
7 450
-
Corporate
1 880
7 476
23 670
-
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.

470
1 869
5 917
-
total
470
1 869
5 917
-
Dividends
548
5 607
-
-
withholding
150
1 542
-
-
total
150
1 542
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 146
14 220
21 040
15 086
After tax
17 854
18 780
11 960
17 914
Living cost
17 457
17 457
17 457
17 457
Free-cash
397
1 323
-5 497
457

Estimated living cost  is ₴17457 per week

₴11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4038
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
-₴1009
₴504
-₴12753
-₴4210
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
-
-
-
33 000
social contributions
-
-
-
4 254
communal

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

-
-
-
1 724
national
-
-
-
9 967
total
-
-
-
15 945
Employee

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

35 438
-
25 559
-
national
10 895
-
7 030
-
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.

2 658
-
1 917
-
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.

308
-
223
-
communal

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

1 848
-
1 333
-
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.

1 665
-
1 202
-
total
17 374
-
11 705
-
Employer

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

35 438
-
25 559
-
pensions

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

3 140
-
2 265
-
surtax
4 018
-
2 898
-
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.

517
-
373
-
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.

461
-
333
-
health

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

2 179
-
1 572
-
total
10 315
-
7 441
-
Corporate
-
33 000
-
-
income
-
6 600
-
-
surtax
-
132
-
-
total
-
6 732
-
-
Dividends
-
26 268
-
-
withholding

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

-
7 700
-
-
total
-
7 700
-
-
Income
33 000
33 000
33 000
33 000
Total tax
27 689
14 432
19 146
15 945
After tax
5 311
18 568
13 854
17 055
Living cost
18 064
18 064
18 064
18 064
Free-cash
-12 753
504
-4 210
-1 009

Estimated living cost  is ₴18064 per week

₴11636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4566
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
₴3
₴4381
₴330
₴238
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
-
-
-
33 000
pensions
-
-
-
9 339
other
-
-
-
33
unemployment
-
-
-
231
accident
-
-
-
297
income
-
-
-
5 205
total
-
-
-
15 105
Employee
24 661
-
25 023
-
pensions
1 159
-
1 176
-
other
24
-
25
-
unemployment
383
-
388
-
income
5 203
-
5 305
-
total
6 769
-
6 894
-
Employer
24 661
-
25 023
-
pensions
5 820
-
5 905
-
other
196
-
200
-
unemployment
1 357
-
1 376
-
accident
488
-
495
-
total
7 861
-
7 976
-
Corporate
478
33 000
-
-
income

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

71
4 950
-
-
total
71
4 950
-
-
Dividends
406
28 050
-
-
withholding
77
5 777
-
-
total
77
5 777
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 778
10 727
14 870
15 105
After tax
18 222
22 273
18 130
17 895
Living cost
17 892
17 892
17 892
17 892
Free-cash
330
4 381
238
3

Estimated living cost  is ₴17892 per week

₴13176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1269
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.
₴3189
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
-₴5495
-₴6337
-₴9002
-₴4867
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
-
-
-
33 000
pensions
-
-
-
5 280
health
-
-
-
2 475
surtax
-
-
-
1 747
accident
-
-
-
297
communal
-
-
-
-
income
-
-
-
1 772
total
-
-
-
11 571
Employee
37 519
-
29 478
-
surtax
2 300
-
1 807
-
pensions
3 001
-
2 358
-
income
3 624
-
1 944
-
health
1 670
-
1 312
-
total
10 595
-
7 421
-
Employer
37 519
-
29 478
-
pensions
3 001
-
2 358
-
accident
338
-
265
-
health
1 144
-
899
-
total
4 483
-
3 522
-
Corporate
-
33 000
-
-
communal
-
2 227
-
-
income
-
4 950
-
-
surtax
-
347
-
-
total
-
7 524
-
-
Dividends
-
25 476
-
-
withholding
-
3 822
-
-
income
-
1 067
-
-
total
-
4 889
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 078
12 413
10 943
11 571
After tax
17 922
20 587
22 057
21 429
Living cost
26 924
26 924
26 924
26 924
Free-cash
-9 002
-6 337
-4 867
-5 495

Estimated living cost  is ₴26924 per week

₴20197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1631
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.
₴4810
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
₴7142
₴9629
₴8053
₴6421
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
-
-
-
33 000
pensions
-
-
-
6 600
health
-
-
-
2 343
surtax
-
-
-
422
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
5 252
total
-
-
-
14 730
Employee
16 684
-
27 262
-
surtax
59
-
368
-
pensions
1 113
-
1 818
-
other
-
-
-
-
unemployment
1 161
-
1 897
-
income
2 797
-
4 935
-
health
426
-
695
-
total
5 556
-
9 713
-
Employer
16 684
-
27 262
-
pensions
2 224
-
3 634
-
other
-
-
-
-
unemployment
529
-
864
-
health
759
-
1 240
-
total
3 512
-
5 738
-
Corporate
12 803
33 000
-
-
income
3 329
8 580
-
-
total
3 329
8 580
-
-
Dividends
9 474
24 420
-
-
withholding
1 422
3 663
-
-
total
1 422
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 819
12 243
15 451
14 730
After tax
19 181
20 757
17 549
18 270
Living cost
11 128
11 128
11 128
11 128
Free-cash
8 053
9 629
6 421
7 142

Estimated living cost  is ₴11128 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3184
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
₴4418
₴4000
₴2898
₴2566
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
-
-
-
33 000
municipal
-
-
-
196
regional
-
-
-
498
social contributions
-
-
-
8 488
national
-
-
-
6 054
total
-
-
-
15 236
Employee
27 482
-
33 000
-
social contributions
9 267
-
11 128
-
municipal
146
-
175
-
regional
370
-
444
-
national
4 354
-
5 341
-
total
14 137
-
17 088
-
Employer
27 482
-
33 000
-
total
-
-
-
-
Corporate
5 518
33 000
-
-
nationa
1 325
7 920
-
-
municipal
275
1 640
-
-
total
1 600
9 560
-
-
Dividends
3 918
23 440
-
-
withholding
1 019
6 094
-
-
total
1 019
6 094
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 756
15 654
17 088
15 236
After tax
16 244
17 346
15 912
17 764
Living cost
13 346
13 346
13 346
13 346
Free-cash
2 898
4 000
2 566
4 418

Estimated living cost  is ₴13346 per week

₴8300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3465
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
₴905
₴7553
₴2141
₴1578
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
-
-
-
33 000
health
-
-
-
4 455
social contributions
-
-
-
9 636
solidarity contribution
-
-
-
-
income
-
-
-
2 836
total
-
-
-
16 927
Employee
22 306
-
24 627
-
social contributions
1 450
-
1 601
-
income
2 677
-
2 955
-
solidarity contribution
-
-
-
-
health
3 011
-
3 325
-
total
7 138
-
7 881
-
Employer
22 306
-
24 627
-
social contributions
5 576
-
6 157
-
health
2 008
-
2 216
-
total
7 584
-
8 373
-
Corporate
3 110
33 000
-
-
income
591
6 270
-
-
total
591
6 270
-
-
Dividends
2 519
26 730
-
-
withholding
378
4 009
-
-
total
378
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 691
10 279
16 254
16 927
After tax
17 309
22 721
16 746
16 073
Living cost
15 168
15 168
15 168
15 168
Free-cash
2 141
7 553
1 578
905

Estimated living cost  is ₴15168 per week

₴11280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2785
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
₴2206
₴3026
₴2778
-₴3824
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
-
-
-
33 000
pensions
-
-
-
6 105
health
-
-
-
2 524
surtax
-
-
-
-
unemployment
-
-
-
3 039
income
-
-
-
3 188
chamber of commerce
-
-
-
132
total
-
-
-
14 988
Employee
21 657
19 744
25 624
-
pensions
2 218
2 021
2 624
-
other
216
197
257
-
unemployment
650
592
769
-
income
1 929
1 456
3 066
-
health
838
764
992
-
total
5 851
5 030
7 708
-
Employer
21 657
19 744
25 624
-
payroll
650
592
769
-
chamber of commerce
86
79
102
-
pensions
2 718
2 478
3 215
-
surtax
-
-
-
-
other
1 029
937
1 218
-
unemployment
650
592
769
-
accident
281
257
333
-
health
819
746
968
-
total
6 233
5 681
7 374
-
Corporate
5 111
7 574
23 745
-
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.

1 278
1 894
5 936
-
total
1 278
1 894
5 936
-
Dividends
3 833
5 680
-
-
withholding
1 054
1 563
-
-
total
1 054
1 563
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 416
14 168
21 018
14 988
After tax
18 584
18 832
11 982
18 012
Living cost
15 806
15 806
15 806
15 806
Free-cash
2 778
3 026
-3 824
2 206

Estimated living cost  is ₴15806 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4428
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
₴26354
₴25034
₴23850
₴20084
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%.

-
-
-
33 000
microenterprise

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

-
-
-
330
total
-
-
-
330
Employee
7 895
-
33 000
-
income
1 579
-
6 600
-
total
1 579
-
6 600
-
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%.

25 105
33 000
-
-
total
-
-
-
-
Dividends
25 105
33 000
-
-
withholding
1 255
1 650
-
-
total
1 255
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 834
1 650
6 600
330
After tax
30 166
31 350
26 400
32 670
Living cost
6 316
6 316
6 316
6 316
Free-cash
23 850
25 034
20 084
26 354

Estimated living cost  is ₴6316 per week

₴4274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1565
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
₴4509
₴9431
₴5287
₴3564
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.

-
-
-
33 000
pensions
-
-
-
6 027
health
-
-
-
3 247
unemployment
-
-
-
50
income
-
-
-
5 878
total
-
-
-
15 202
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.

21 908
-
28 555
-
pensions
3 396
-
4 426
-
unemployment
31
-
40
-
income
3 778
-
5 391
-
health
1 415
-
1 845
-
total
8 620
-
11 702
-
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.

21 908
-
28 555
-
pensions
1 939
-
2 527
-
unemployment
13
-
17
-
health
1 459
-
1 901
-
total
3 411
-
4 445
-
Corporate
7 681
33 000
-
-
income
1 459
6 270
-
-
total
1 459
6 270
-
-
Dividends
6 222
26 730
-
-
withholding
934
4 010
-
-
total
934
4 010
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 424
10 280
16 147
15 202
After tax
18 576
22 720
16 853
17 798
Living cost
13 289
13 289
13 289
13 289
Free-cash
5 287
9 431
3 564
4 509

Estimated living cost  is ₴13289 per week

₴9120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴852
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.
₴3060
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
₴1175
-₴1554
-₴41746
₴4775
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
-
-
-
33 000
social contributions
-
-
-
3 762
income
-
-
-
6 432
total
-
-
-
10 194
Employee
31 015
-
-
-
social contributions
2 543
-
362
-
income
6 841
-
-
-
total
9 384
-
362
-
Employer
31 015
-
-
-
social contributions
43 731
-
6 232
-
total
43 731
-
6 232
-
Corporate
-
33 000
-
-
income
-
7 260
-
-
total
-
7 260
-
-
Dividends
-
25 740
-
-
income
-
5 663
-
-
total
-
5 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
53 115
12 923
6 594
10 194
After tax
-20 115
20 077
26 406
22 806
Living cost
21 631
21 631
21 631
21 631
Free-cash
-41 746
-1 554
4 775
1 175

Estimated living cost  is ₴21631 per week

₴14035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5286
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
₴3327
₴3230
₴2730
₴2241
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.

-
-
-
33 000
surtax
-
-
-
-
social contributions

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

-
-
-
11 467
income
-
-
-
2 666
total
-
-
-
14 133
Employee
22 786
-
26 667
-
social contributions
2 507
-
2 933
-
surtax
-
-
-
-
income
4 740
-
5 953
-
total
7 247
-
8 886
-
Employer
22 786
-
26 667
-
social contributions
5 412
-
6 333
-
total
5 412
-
6 333
-
Corporate
4 802
33 000
-
-
income
1 009
6 930
-
-
surtax
-
-
-
-
total
1 009
6 930
-
-
Dividends
3 794
26 070
-
-
withholding
1 062
7 300
-
-
total
1 062
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 730
14 230
15 219
14 133
After tax
18 270
18 770
17 781
18 867
Living cost
15 540
15 540
15 540
15 540
Free-cash
2 730
3 230
2 241
3 327

Estimated living cost  is ₴15540 per week

₴11627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴4256
-₴7296
-₴7722
-₴4070
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
-
-
-
33 000
pensions
-
-
-
9 374
health
-
-
-
285
surtax
-
-
-
-
other
-
-
-
1 023
social contributions
-
-
-
940
income
-
-
-
1 705
total
-
-
-
13 327
Employee
31 030
-
25 147
-
social contributions
884
-
716
-
surtax
-
-
-
-
pensions
3 510
-
2 845
-
income
2 707
-
1 728
-
total
7 101
-
5 289
-
Employer
31 030
-
25 147
-
pensions
5 099
-
4 131
-
social contributions
93
-
75
-
other
1 071
-
868
-
unemployment
1 257
-
1 018
-
health
2 172
-
1 760
-
total
9 692
-
7 852
-
Corporate
-
33 000
-
-
income
-
9 240
-
-
surtax
-
-
-
-
total
-
9 240
-
-
Dividends
-
23 760
-
-
withholding
-
3 041
-
-
surtax
-
-
-
-
social contributions
-
4 086
-
-
total
-
7 127
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 793
16 367
13 141
13 327
After tax
16 207
16 633
19 859
19 673
Living cost
23 929
23 929
23 929
23 929
Free-cash
-7 722
-7 296
-4 070
-4 256

Estimated living cost  is ₴23929 per week

₴16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴5448
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
₴10689
₴14808
₴13144
₴11614
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
-
-
-
33 000
social contributions
-
-
-
7 260
income
-
-
-
159
total
-
-
-
7 419
Employee
15 928
-
28 572
-
social contributions
1 035
-
1 858
-
income
-
-
208
-
total
1 035
-
2 066
-
Employer
15 928
-
28 572
-
social contributions
2 469
-
4 428
-
total
2 469
-
4 428
-
Corporate
14 604
33 000
-
-
income
1 460
3 300
-
-
total
1 460
3 300
-
-
Dividends
13 143
29 700
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
4 964
3 300
6 494
7 419
After tax
28 036
29 700
26 506
25 581
Living cost
14 892
14 892
14 892
14 892
Free-cash
13 144
14 808
11 614
10 689

Estimated living cost  is ₴14892 per week

₴9629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₴2706
-₴74812
-₴74812
-₴74812
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
-
-
-
33 000
municipal
-
-
-
5 591
pensions
-
-
-
429
labour market
-
-
-
2 606
national
-
-
-
3 249
total
-
-
-
11 875
Employee
100 586
100 586
100 586
-
municipal
21 419
21 419
21 419
-
national
12 288
12 288
12 288
-
pensions
143
143
143
-
labour market
8 035
8 035
8 035
-
total
41 885
41 885
41 885
-
Employer
100 586
100 586
100 586
-
labour market
8 047
8 047
8 047
-
pensions
286
286
286
-
municipal
21 453
21 453
21 453
-
national
12 310
12 310
12 310
-
total
42 096
42 096
42 096
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
83 981
83 981
83 981
11 875
After tax
-50 981
-50 981
-50 981
21 125
Living cost
23 831
23 831
23 831
23 831
Free-cash
-74 812
-74 812
-74 812
-2 706

Estimated living cost  is ₴23831 per week

₴16310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴366
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.
₴5046
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
₴11856
-₴8231
₴1001
₴6205
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
-
-
-
33 000
pensions
-
-
-
2 093
health
-
-
-
1 097
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
6 737
total
-
-
-
10 240
Employee
17 153
-
27 413
-
pensions
1 932
-
3 087
-
income
2 353
-
4 078
-
health
1 964
-
3 139
-
total
6 249
-
10 304
-
Employer
17 153
-
27 413
-
pensions
2 789
-
4 457
-
unemployment
420
-
672
-
accident
286
-
458
-
total
3 495
-
5 587
-
Corporate
12 352
33 000
-
-
income

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

11 116
29 700
-
-
total
11 116
29 700
-
-
Dividends
1 235
3 300
-
-
withholding
235
627
-
-
total
235
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
21 095
30 327
15 891
10 240
After tax
11 905
2 673
17 109
22 760
Living cost
10 904
10 904
10 904
10 904
Free-cash
1 001
-8 231
6 205
11 856

Estimated living cost  is ₴10904 per week

₴7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴622
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.
₴2141
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
₴5937
₴3619
₴1396
₴1113
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

-
-
-
33 000
municipal
-
-
-
5 885
health
-
-
-
302
national
-
-
-
1 855
total
-
-
-
8 042
Employee
26 066
-
27 761
-
municipal
4 269
-
4 545
-
national
431
-
571
-
pensions
1 759
-
1 874
-
unemployment
391
-
416
-
health
195
-
221
-
total
7 045
-
7 627
-
Employer
26 066
-
27 761
-
pensions
4 522
-
4 817
-
unemployment
169
-
181
-
accident
26
-
28
-
health
200
-
213
-
total
4 917
-
5 239
-
Corporate
2 016
33 000
-
-
income
403
6 600
-
-
total
403
6 600
-
-
Dividends

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

1 210
19 800
-
-
municipal
218
3 564
-
-
national
-
196
-
-
total
218
3 760
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 583
10 360
12 866
8 042
After tax
20 417
22 640
20 134
24 958
Living cost
19 021
19 021
19 021
19 021
Free-cash
1 396
3 619
1 113
5 937

Estimated living cost  is ₴19021 per week

₴12424
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.
₴303
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4465
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
₴13771
₴10325
₴10083
₴11720
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
-
-
-
33 000
health
-
-
-
841
social contributions
-
-
-
5 148
income
-
-
-
1 769
total
-
-
-
7 758
Employee
38 096
38 096
38 096
-
social contributions
1 440
3 162
2 487
-
income
4 148
3 527
3 770
-
health
295
648
510
-
total
5 883
7 337
6 767
-
Employer
38 096
38 096
38 096
-
social contributions
1 440
3 162
2 487
-
health
321
705
555
-
total
1 761
3 867
3 042
-
Corporate
13 885
-
-
-
income
1 736
-
-
-
total
1 736
-
-
-
Dividends
12 149
-
-
-
withholding
2 066
-
-
-
total
2 066
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 446
11 204
9 809
7 758
After tax
21 554
21 796
23 191
25 242
Living cost
11 471
11 471
11 471
11 471
Free-cash
10 083
10 325
11 720
13 771

Estimated living cost  is ₴11471 per week

₴6875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3217
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
₴17266
₴19461
₴16943
₴12549
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
-
-
-
33 000
pensions
-
-
-
3 151
health
-
-
-
1 793
unemployment
-
-
-
14
income
-
-
-
2 910
total
-
-
-
7 868
Employee

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

11 372
-
29 919
-
pensions
1 705
-
4 487
-
unemployment
56
-
149
-
income
778
-
2 326
-
health
966
-
2 543
-
total
3 505
-
9 505
-
Employer

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

11 372
-
29 919
-
pensions
625
-
1 645
-
unemployment
56
-
149
-
health
489
-
1 286
-
total
1 170
-
3 080
-
Corporate
20 458
33 000
-
-
income
1 841
2 970
-
-
total
1 841
2 970
-
-
Dividends
18 617
30 030
-
-
withholding
1 675
2 703
-
-
total
1 675
2 703
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 191
5 673
12 585
7 868
After tax
24 809
27 327
20 415
25 132
Living cost
7 866
7 866
7 866
7 866
Free-cash
16 943
19 461
12 549
17 266

Estimated living cost  is ₴7866 per week

₴5019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴567
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.
₴2046
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
₴4271
₴8649
₴6048
₴4506
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
-
-
-
33 000
pensions
-
-
-
9 339
other
-
-
-
33
unemployment
-
-
-
231
accident
-
-
-
297
income
-
-
-
5 205
total
-
-
-
15 105
Employee
18 319
-
25 023
-
pensions
861
-
1 176
-
other
18
-
25
-
unemployment
284
-
388
-
income
3 532
-
5 305
-
total
4 695
-
6 894
-
Employer
18 319
-
25 023
-
pensions
4 323
-
5 905
-
other
147
-
200
-
unemployment
1 008
-
1 376
-
accident
363
-
495
-
total
5 841
-
7 976
-
Corporate
8 841
33 000
-
-
income

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

1 326
4 950
-
-
total
1 326
4 950
-
-
Dividends
7 515
28 050
-
-
withholding
1 466
5 777
-
-
total
1 466
5 777
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 328
10 727
14 870
15 105
After tax
19 672
22 273
18 130
17 895
Living cost
13 624
13 624
13 624
13 624
Free-cash
6 048
8 649
4 506
4 271

Estimated living cost  is ₴13624 per week

₴9196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2880
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
₴19918
₴19627
₴19468
₴19851
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
-
-
-
33 000
pensions
-
-
-
704
health
-
-
-
511
income
-
-
-
10 902
total
-
-
-
12 117
Employee
1 470
-
32 208
-
pensions
132
-
317
-
unemployment
15
-
35
-
income
284
-
10 865
-
health
74
-
176
-
total
505
-
11 393
-
Employer
1 470
-
32 208
-
pensions
162
-
387
-
unemployment
29
-
70
-
health
140
-
334
-
total
331
-
791
-
Corporate
31 199
33 000
-
-
income
6 864
7 260
-
-
total
6 864
7 260
-
-
Dividends
24 335
25 740
-
-
withholding
4 867
5 148
-
-
total
4 867
5 148
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 567
12 408
12 184
12 117
After tax
20 433
20 592
20 816
20 883
Living cost
965
965
965
965
Free-cash
19 468
19 627
19 851
19 918

Estimated living cost  is ₴965 per week

₴574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴291
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
₴7637
₴15280
₴12844
₴9011
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.

-
-
-
33 000
pensions
-
-
-
8 580
health
-
-
-
3 399
unemployment
-
-
-
495
income
-
-
-
4 326
total
-
-
-
16 800
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.

12 912
-
27 990
-
pensions
1 808
-
3 919
-
unemployment
97
-
210
-
income
1 780
-
4 846
-
health
665
-
1 441
-
total
4 350
-
10 416
-
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.

12 912
-
27 990
-
pensions
1 549
-
3 359
-
unemployment
97
-
210
-
health
665
-
1 441
-
total
2 311
-
5 010
-
Corporate
17 776
33 000
-
-
income
2 666
4 950
-
-
total
2 666
4 950
-
-
Dividends
15 110
28 050
-
-
withholding
2 266
4 207
-
-
total
2 266
4 207
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 593
9 157
15 426
16 800
After tax
21 407
23 843
17 574
16 200
Living cost
8 563
8 563
8 563
8 563
Free-cash
12 844
15 280
9 011
7 637

Estimated living cost  is ₴8563 per week

₴5765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1887
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
₴5511
₴5414
₴5237
₴4425
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.

-
-
-
33 000
surtax
-
-
-
-
social contributions

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

-
-
-
11 467
income
-
-
-
2 666
total
-
-
-
14 133
Employee
19 229
-
26 667
-
social contributions
2 115
-
2 933
-
surtax
-
-
-
-
income
3 757
-
5 953
-
total
5 872
-
8 886
-
Employer
19 229
-
26 667
-
social contributions
4 566
-
6 333
-
total
4 566
-
6 333
-
Corporate
9 205
33 000
-
-
income
1 933
6 930
-
-
surtax
-
-
-
-
total
1 933
6 930
-
-
Dividends
7 272
26 070
-
-
withholding
2 036
7 300
-
-
total
2 036
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 407
14 230
15 219
14 133
After tax
18 593
18 770
17 781
18 867
Living cost
13 356
13 356
13 356
13 356
Free-cash
5 237
5 414
4 425
5 511

Estimated living cost  is ₴13356 per week

₴9460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴928
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.
₴2732
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
₴483
₴4861
₴995
₴718
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
-
-
-
33 000
pensions
-
-
-
9 339
other
-
-
-
33
unemployment
-
-
-
231
accident
-
-
-
297
income
-
-
-
5 205
total
-
-
-
15 105
Employee
23 927
-
25 023
-
pensions
1 124
-
1 176
-
other
24
-
25
-
unemployment
370
-
388
-
income
4 997
-
5 305
-
total
6 515
-
6 894
-
Employer
23 927
-
25 023
-
pensions
5 647
-
5 905
-
other
192
-
200
-
unemployment
1 316
-
1 376
-
accident
474
-
495
-
total
7 629
-
7 976
-
Corporate
1 444
33 000
-
-
income

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

216
4 950
-
-
total
216
4 950
-
-
Dividends
1 228
28 050
-
-
withholding
233
5 777
-
-
total
233
5 777
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 593
10 727
14 870
15 105
After tax
18 407
22 273
18 130
17 895
Living cost
17 412
17 412
17 412
17 412
Free-cash
995
4 861
718
483

Estimated living cost  is ₴17412 per week

₴12504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1354
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.
₴3308
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
₴14914
₴19697
₴16679
₴15624
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
-
-
-
33 000
pensions

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

-
-
-
2 560
health
-
-
-
1 989
unemployment
-
-
-
69
income
-
-
-
4 950
total
-
-
-
9 568
Employee
11 279
-
29 607
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

990
-
1 519
-
income
1 128
-
2 960
-
health
519
-
796
-
total
2 761
-
5 465
-
Employer
11 279
-
29 607
-
pensions

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

1 243
-
1 906
-
unemployment
68
-
104
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
health
778
-
1 193
-
total
2 213
-
3 393
-
Corporate
19 508
33 000
-
-
income
1 951
3 300
-
-
total
1 951
3 300
-
-
Dividends
17 557
29 700
-
-
withholding
878
1 485
-
-
total
878
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 803
4 785
8 858
9 568
After tax
25 197
28 215
24 142
23 432
Living cost
8 518
8 518
8 518
8 518
Free-cash
16 679
19 697
15 624
14 914

Estimated living cost  is ₴8518 per week

₴5634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴488
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.
₴2194
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
₴4320
-₴2055
₴4426
₴5750
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.

-
-
-
33 000
trade
-
-
-
1 430
health

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

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

-
-
-
3 385
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.

-
-
-
247
income

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

-
-
-
4 491
total
-
-
-
9 553
Employee

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

24 651
-
33 000
-
surtax

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

112
-
247
-
income

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

2 027
-
4 491
-
health

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

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

3 385
-
3 385
-
total
5 524
-
8 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 349
33 000
-
-
trade
1 198
4 736
-
-
income
1 252
4 950
-
-
chamber of commerce
87
123
-
-
surtax

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

69
273
-
-
total
2 606
10 082
-
-
Dividends
5 743
22 919
-
-
withholding
1 248
5 541
-
-
surtax

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

69
305
-
-
total
1 317
5 846
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 447
15 928
8 123
9 553
After tax
23 553
17 072
24 877
23 447
Living cost
19 127
19 127
19 127
19 127
Free-cash
4 426
-2 055
5 750
4 320

Estimated living cost  is ₴19127 per week

₴13194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3597
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
-₴2857
-₴5122
-₴5755
-₴2857
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
-
-
-
33 000
social contributions
-
-
-
2 586
income
-
-
-
5 049
total
-
-
-
7 635
Employee
38 754
-
33 000
-
social contributions
3 220
-
2 586
-
income
7 313
-
5 049
-
total
10 533
-
7 635
-
Employer
38 754
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
income
-
4 125
-
-
total
-
4 125
-
-
Dividends
-
28 875
-
-
withholding
-
5 775
-
-
total
-
5 775
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 533
9 900
7 635
7 635
After tax
22 467
23 100
25 365
25 365
Living cost
28 222
28 222
28 222
28 222
Free-cash
-5 755
-5 122
-2 857
-2 857

Estimated living cost  is ₴28222 per week

₴21471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4182
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
-₴2129
₴849
₴3719
₴5994
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.

-
-
-
33 000
health

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

-
-
-
3 042
income
-
-
-
14 103
total
-
-
-
17 145
Employee
22 727
-
30 721
-
social contributions
2 277
-
2 279
-
income
2 466
-
4 464
-
total
4 743
-
6 743
-
Employer
22 727
-
30 721
-
social contributions
2 277
-
2 279
-
total
2 277
-
2 279
-
Corporate
7 995
33 000
-
-
income
2 798
11 550
-
-
total
2 798
11 550
-
-
Dividends
5 197
21 450
-
-
social contributions
1 479
2 617
-
-
total
1 479
2 617
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 297
14 167
9 022
17 145
After tax
21 703
18 833
23 978
15 855
Living cost
17 984
17 984
17 984
17 984
Free-cash
3 719
849
5 994
-2 129

Estimated living cost  is ₴17984 per week

₴11846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4444
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
₴6485
₴6533
₴3767
₴2988
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
-
-
-
33 000
pensions
-
-
-
2 152
income
-
-
-
6 169
total
-
-
-
8 321
Employee
24 973
-
29 321
-
pensions
1 906
-
2 428
-
income
4 548
-
5 295
-
health
326
-
415
-
total
6 780
-
8 138
-
Employer
24 973
-
29 321
-
pensions
2 523
-
3 123
-
health
475
-
557
-
total
2 998
-
3 680
-
Corporate
5 029
33 000
-
-
income

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

956
6 269
-
-
total
956
6 269
-
-
Dividends
4 073
26 731
-
-
withholding
305
2 004
-
-
total
305
2 004
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 039
8 273
11 818
8 321
After tax
21 961
24 727
21 182
24 679
Living cost
18 194
18 194
18 194
18 194
Free-cash
3 767
6 533
2 988
6 485

Estimated living cost  is ₴18194 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3811
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
₴10776
-₴9311
₴834
₴5125
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
-
-
-
33 000
pensions
-
-
-
2 093
health
-
-
-
1 097
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
6 737
total
-
-
-
10 240
Employee
18 851
-
27 413
-
pensions
2 123
-
3 087
-
income
2 586
-
4 078
-
health
2 158
-
3 139
-
total
6 867
-
10 304
-
Employer
18 851
-
27 413
-
pensions
3 065
-
4 457
-
unemployment
462
-
672
-
accident
315
-
458
-
total
3 842
-
5 587
-
Corporate
10 308
33 000
-
-
income

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

9 277
29 700
-
-
total
9 277
29 700
-
-
Dividends
1 031
3 300
-
-
withholding
196
627
-
-
total
196
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 182
30 327
15 891
10 240
After tax
12 818
2 673
17 109
22 760
Living cost
11 984
11 984
11 984
11 984
Free-cash
834
-9 311
5 125
10 776

Estimated living cost  is ₴11984 per week

₴8795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴698
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.
₴2249
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
₴12616
₴21362
₴18955
₴12616
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.

-
-
-
33 000
pensions
-
-
-
6 072
health insurance
-
-
-
2 442
work injury
-
-
-
165
unemployment
-
-
-
396
income
-
-
-
4 621
total
-
-
-
13 696
Employee

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

10 701
-
33 000
-
pensions
1 969
-
6 072
-
health insurance
792
-
2 442
-
unemployment
128
-
396
-
income
1 070
-
4 621
-
work injury
53
-
165
-
total
4 012
-
13 696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 299
33 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
22 299
33 000
-
-
withholding
3 345
4 950
-
-
total
3 345
4 950
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 357
4 950
13 696
13 696
After tax
25 643
28 050
19 304
19 304
Living cost
6 688
6 688
6 688
6 688
Free-cash
18 955
21 362
12 616
12 616

Estimated living cost  is ₴6688 per week

₴4143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
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.
₴1850
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
-₴2028
-₴2355
-₴8748
-₴3858
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
-
-
-
33 000
municipal
-
-
-
221
regional
-
-
-
528
social contributions
-
-
-
8 488
national
-
-
-
6 054
total
-
-
-
15 291
Employee
41 748
-
33 000
-
social contributions
14 077
-
11 128
-
municipal
249
-
196
-
regional
630
-
456
-
national
7 055
-
5 341
-
total
22 011
-
17 121
-
Employer
41 748
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
nationa
-
7 920
-
-
municipal
-
1 591
-
-
total
-
9 511
-
-
Dividends
-
23 489
-
-
withholding
-
6 107
-
-
total
-
6 107
-
-
Income
33 000
33 000
33 000
33 000
Total tax
22 011
15 618
17 121
15 291
After tax
10 989
17 382
15 879
17 709
Living cost
19 737
19 737
19 737
19 737
Free-cash
-8 748
-2 355
-3 858
-2 028

Estimated living cost  is ₴19737 per week

₴13864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4217
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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