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
₴1009
₴6753
₴7881
₴9275
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
-
-
-
1 394
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.

-
-
-
4 213
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.

-
-
-
3 548
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.

-
-
-
232
total
-
-
-
9 387
Employee

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

19 866
-
33 000
-
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.

555
-
4 213
-
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.

31
-
232
-
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.

3 548
-
3 548
-
total
4 134
-
7 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 134
33 000
-
-
income
1 970
4 950
-
-
surtax

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

108
272
-
-
trade
2 069
5 197
-
-
chamber of commerce
98
126
-
-
total
4 245
10 545
-
-
Dividends
8 889
22 455
-
-
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.

111
298
-
-
withholding
2 025
5 416
-
-
total
2 136
5 714
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 515
16 259
7 993
9 387
After tax
22 485
16 741
25 007
23 613
Living cost
15 732
15 732
15 732
15 732
Free-cash
6 753
1 009
9 275
7 881

Estimated living cost  is ₴15732 per week

₴9896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3708
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
-₴7705
-₴14847
-₴7649
-₴7390
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
-
-
-
3 152
national
-
-
-
4 885
pensions
-
-
-
3 960
social contributions
-
-
-
355
total
-
-
-
12 352
Employee
43 866
-
28 528
-
national
8 396
-
5 083
-
pensions
1 755
-
1 141
-
municipal
5 418
-
3 280
-
total
15 569
-
9 504
-
Employer
43 866
-
28 528
-
social contributions
472
-
307
-
pensions
3 509
-
2 282
-
total
3 981
-
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
19 550
12 408
12 093
12 352
After tax
13 450
20 592
20 907
20 648
Living cost
28 297
28 297
28 297
28 297
Free-cash
-14 847
-7 705
-7 390
-7 649

Estimated living cost  is ₴28297 per week

₴19233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴424
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.
₴6010
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
₴15595
₴11333
₴15610
₴8011
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
microenterprise
-
-
-
4 950
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 635
total
-
-
-
6 585
Employee
15 177
-
26 593
-
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.

1 670
-
2 925
-
income
2 702
-
4 852
-
surtax
-
-
-
-
total
4 372
-
7 777
-
Employer
15 177
-
26 593
-
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.

3 656
-
6 407
-
surtax
-
-
-
-
total
3 656
-
6 407
-
Corporate
14 167
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%.

2 834
6 600
-
-
total
2 834
6 600
-
-
Dividends

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

11 334
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 862
6 600
14 184
6 585
After tax
22 138
26 400
18 816
26 415
Living cost
10 806
10 806
10 806
10 806
Free-cash
11 333
15 595
8 011
15 610

Estimated living cost  is ₴10806 per week

₴6894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1029
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.
₴2638
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
-₴15661
-₴18577
-₴2920
-₴18577
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
income
-
-
-
3 158
health
-
-
-
5 065
pensions
-
-
-
5 939
total
-
-
-
14 162
Employee
44 354
44 354
44 354
-
pensions
7 984
6 085
7 984
-
income

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

7 260
7 260
7 260
-
health
6 808
5 791
6 808
-
total
22 052
19 136
22 052
-
Employer
44 354
44 354
44 354
-
health
3 083
3 083
3 083
-
pensions
3 087
3 087
3 087
-
unemployment
1 597
1 597
1 597
-
total
7 767
7 767
7 767
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
29 819
26 903
29 819
14 162
After tax
3 181
6 097
3 181
18 838
Living cost
21 758
21 758
21 758
21 758
Free-cash
-18 577
-15 661
-18 577
-2 920

Estimated living cost  is ₴21758 per week

₴15419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴346
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.
₴4031
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
-₴2683
-₴5766
-₴4251
-₴3078
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
national
-
-
-
-
unemployment
-
-
-
33
accident
-
-
-
66
health
-
-
-
2 059
pensions
-
-
-
3 567
other
-
-
-
3 835
total
-
-
-
16 550
Employee
29 497
-
25 110
-
national
-
-
-
-
municipal
8 796
-
7 488
-
total
8 796
-
7 488
-
Employer
29 497
-
25 110
-
health
1 814
-
1 544
-
pensions
3 189
-
2 714
-
accident
59
-
50
-
other
3 428
-
2 918
-
unemployment
779
-
663
-
total
9 269
-
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
18 065
14 982
15 377
16 550
After tax
14 935
18 018
17 623
16 450
Living cost
20 701
20 701
20 701
20 701
Free-cash
-5 766
-2 683
-3 078
-4 251

Estimated living cost  is ₴20701 per week

₴13720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4636
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
-₴3834
₴3464
₴3147
₴4603
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
-
-
-
1 456
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.

-
-
-
4 213
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.

-
-
-
3 548
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.

-
-
-
232
total
-
-
-
9 449
Employee

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

26 339
-
33 000
-
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.

2 263
-
4 213
-
surtax

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

124
-
232
-
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.

3 548
-
3 548
-
total
5 935
-
7 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 661
33 000
-
-
income
999
4 950
-
-
surtax

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

55
272
-
-
trade
1 096
5 429
-
-
chamber of commerce
89
126
-
-
total
2 239
10 777
-
-
Dividends
4 421
22 223
-
-
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.

50
295
-
-
withholding
908
5 358
-
-
total
958
5 653
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 132
16 430
7 993
9 449
After tax
23 868
16 570
25 007
23 551
Living cost
20 404
20 404
20 404
20 404
Free-cash
3 464
-3 834
4 603
3 147

Estimated living cost  is ₴20404 per week

₴13646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4301
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
₴4409
₴5264
₴8606
₴6120
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
income
-
-
-
1 558
health
-
-
-
842
social contributions
-
-
-
5 148
total
-
-
-
7 548
Employee
39 939
39 939
39 939
-
social contributions
1 941
3 315
2 487
-
income
4 194
3 697
3 996
-
health
397
679
510
-
total
6 532
7 691
6 993
-
Employer
39 939
39 939
39 939
-
social contributions
1 941
3 315
2 487
-
health
433
739
554
-
total
2 374
4 054
3 041
-
Corporate
7 248
-
-
-
income
906
-
-
-
total
906
-
-
-
Dividends
6 343
-
-
-
withholding
1 078
-
-
-
total
1 078
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 890
11 745
10 034
7 548
After tax
22 110
21 255
22 966
25 452
Living cost
16 846
16 846
16 846
16 846
Free-cash
5 264
4 409
6 120
8 606

Estimated living cost  is ₴16846 per week

₴11516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴8475
₴8688
₴12660
₴8929
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
unemployment
-
-
-
495
income
-
-
-
4 034
health
-
-
-
2 310
pensions
-
-
-
3 300
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.

14 725
5 860
27 615
-
pensions
1 473
586
2 762
-
unemployment
221
88
414
-
income
1 800
716
3 376
-
health
1 031
410
1 933
-
total
4 525
1 800
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.

14 725
5 860
27 615
-
pensions
2 871
1 143
5 385
-
total
2 871
1 143
5 385
-
Corporate
15 403
25 997
-
-
income
1 386
2 340
-
-
total
1 386
2 340
-
-
Dividends
14 017
23 657
-
-
social contributions
2 666
4 546
-
-
withholding
2 663
4 495
-
-
total
5 329
9 041
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 111
14 324
13 870
10 139
After tax
18 889
18 676
19 130
22 861
Living cost
10 201
10 201
10 201
10 201
Free-cash
8 688
8 475
8 929
12 660

Estimated living cost  is ₴10201 per week

₴6961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2201
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
₴13855
₴10628
₴5446
₴6595
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
income
-
-
-
4 119
health
-
-
-
4 290
pensions
-
-
-
6 600
total
-
-
-
15 009
Employee
14 734
-
24 663
-
pensions
295
-
493
-
unemployment
236
-
394
-
income
1 659
-
4 637
-
total
2 190
-
5 524
-
Employer
14 734
-
24 663
-
health
1 915
-
3 206
-
pensions
2 947
-
4 933
-
unemployment
118
-
197
-
total
4 980
-
8 336
-
Corporate
13 285
33 000
-
-
income
2 657
6 600
-
-
total
2 657
6 600
-
-
Dividends
10 628
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 827
6 600
13 860
15 009
After tax
23 173
26 400
19 140
17 991
Living cost
12 545
12 545
12 545
12 545
Free-cash
10 628
13 855
6 595
5 446

Estimated living cost  is ₴12545 per week

₴8605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴747
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.
₴2941
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
-₴8604
₴943
₴11488
₴5883
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
accident
-
-
-
129
income
-
-
-
6 665
health
-
-
-
1 118
pensions
-
-
-
2 133
other
-
-
-
190
total
-
-
-
10 235
Employee
17 739
-
27 413
-
pensions
1 997
-
3 087
-
income
2 434
-
4 027
-
health
2 031
-
3 139
-
total
6 462
-
10 253
-
Employer
17 739
-
27 413
-
pensions
2 885
-
4 457
-
accident
296
-
458
-
unemployment
435
-
672
-
total
3 616
-
5 587
-
Corporate
11 645
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.

10 481
29 700
-
-
total
10 481
29 700
-
-
Dividends
1 165
3 300
-
-
withholding
221
627
-
-
total
221
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 780
30 327
15 840
10 235
After tax
12 220
2 673
17 160
22 765
Living cost
11 277
11 277
11 277
11 277
Free-cash
943
-8 604
5 883
11 488

Estimated living cost  is ₴11277 per week

₴8265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2152
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
₴26866
₴26025
₴28186
₴21916
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
5 605
-
33 000
-
income
1 121
-
6 600
-
total
1 121
-
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%.

27 395
33 000
-
-
total
-
-
-
-
Dividends
27 395
33 000
-
-
withholding
1 370
1 650
-
-
total
1 370
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 491
1 650
6 600
330
After tax
30 509
31 350
26 400
32 670
Living cost
4 484
4 484
4 484
4 484
Free-cash
26 025
26 866
21 916
28 186

Estimated living cost  is ₴4484 per week

₴2779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
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.
₴1209
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
₴10406
₴6899
₴4028
₴5503
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
income
-
-
-
4 192
health
-
-
-
1 452
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.

-
-
-
7 921
other
-
-
-
1 567
total
-
-
-
15 132
Employee
18 858
-
26 359
-
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.

1 320
-
1 845
-
unemployment
188
-
263
-
income
3 247
-
4 538
-
health
264
-
369
-
total
5 019
-
7 015
-
Employer
18 858
-
26 359
-
health
264
-
369
-
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.

3 206
-
4 481
-
accident
151
-
211
-
other
943
-
1 318
-
unemployment
188
-
263
-
total
4 752
-
6 642
-
Corporate
9 389
33 000
-
-
income
1 971
6 930
-
-
total
1 971
6 930
-
-
Dividends
7 418
26 070
-
-
withholding
519
1 824
-
-
total
519
1 824
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 261
8 754
13 657
15 132
After tax
20 739
24 246
19 343
17 868
Living cost
13 840
13 840
13 840
13 840
Free-cash
6 899
10 406
5 503
4 028

Estimated living cost  is ₴13840 per week

₴9779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2904
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
-₴10164
-₴23126
-₴10167
-₴13604
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
income
-
-
-
6 180
pensions
-
-
-
2 099
total
-
-
-
8 279
Employee
49 362
-
29 372
-
pensions
4 762
-
2 363
-
income
8 898
-
5 322
-
health
813
-
403
-
total
14 473
-
8 088
-
Employer
49 362
-
29 372
-
health
937
-
558
-
pensions
5 828
-
3 070
-
total
6 765
-
3 628
-
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.

-
6 271
-
-
total
-
6 271
-
-
Dividends
-
26 729
-
-
withholding
-
2 005
-
-
total
-
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
21 238
8 276
11 716
8 279
After tax
11 762
24 724
21 284
24 721
Living cost
34 888
34 888
34 888
34 888
Free-cash
-23 126
-10 164
-13 604
-10 167

Estimated living cost  is ₴34888 per week

₴26142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4363
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
₴21327
₴18886
₴16263
₴16915
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
unemployment
-
-
-
73
income
-
-
-
4 950
health
-
-
-
2 110
pensions

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

-
-
-
2 716
total
-
-
-
9 849
Employee
9 121
-
29 400
-
pensions

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

801
-
1 611
-
income
912
-
2 940
-
health
420
-
844
-
accident

We are using the highest rate at 1.1%.

100
-
202
-
total
2 233
-
5 597
-
Employer
9 121
-
29 400
-
health
630
-
1 266
-
pensions

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

1 005
-
2 022
-
accident

We are using the highest rate at 1.1%.

100
-
202
-
unemployment
55
-
110
-
total
1 790
-
3 600
-
Corporate
22 090
33 000
-
-
income
2 209
3 300
-
-
total
2 209
3 300
-
-
Dividends
19 881
29 700
-
-
withholding
994
1 485
-
-
total
994
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 226
4 785
9 197
9 849
After tax
25 774
28 215
23 803
23 151
Living cost
6 888
6 888
6 888
6 888
Free-cash
18 886
21 327
16 915
16 263

Estimated living cost  is ₴6888 per week

₴4021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2192
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
-₴22704
-₴23584
-₴9963
-₴25620
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
income
-
-
-
3 158
health
-
-
-
5 065
pensions
-
-
-
5 939
total
-
-
-
14 162
Employee
48 154
44 354
44 354
-
pensions
6 085
6 085
7 984
-
income

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

7 260
7 260
7 260
-
health
6 007
5 791
6 808
-
total
19 352
19 136
22 052
-
Employer
48 154
44 354
44 354
-
health
3 346
3 083
3 083
-
pensions
3 351
3 087
3 087
-
unemployment
1 734
1 597
1 597
-
total
8 431
7 767
7 767
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
27 783
26 903
29 819
14 162
After tax
5 217
6 097
3 181
18 838
Living cost
28 801
28 801
28 801
28 801
Free-cash
-23 584
-22 704
-25 620
-9 963

Estimated living cost  is ₴28801 per week

₴21245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2573
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.
₴4653
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
₴9827
₴5228
₴3180
₴3853
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
solidarity contribution
-
-
-
-
income
-
-
-
2 836
health
-
-
-
4 455
social contributions
-
-
-
9 636
total
-
-
-
16 927
Employee
18 961
-
24 627
-
social contributions
1 232
-
1 601
-
income
2 275
-
2 955
-
solidarity contribution
-
-
-
-
health
2 560
-
3 325
-
total
6 067
-
7 881
-
Employer
18 961
-
24 627
-
social contributions
4 740
-
6 157
-
health
1 707
-
2 216
-
total
6 447
-
8 373
-
Corporate
7 592
33 000
-
-
income
1 443
6 270
-
-
total
1 443
6 270
-
-
Dividends
6 150
26 730
-
-
withholding
922
4 010
-
-
total
922
4 010
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 879
10 280
16 254
16 927
After tax
18 121
22 720
16 746
16 073
Living cost
12 893
12 893
12 893
12 893
Free-cash
5 228
9 827
3 853
3 180

Estimated living cost  is ₴12893 per week

₴8956
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.
₴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.
₴2767
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
-₴4309
-₴13159
-₴3962
-₴5828
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
national
-
-
-
6 027
regional
-
-
-
336
social contributions
-
-
-
8 487
total
-
-
-
15 046
Employee
46 160
-
33 000
-
national
7 998
-
5 315
-
social contributions
15 565
-
11 128
-
municipal
244
-
175
-
regional
436
-
294
-
total
24 243
-
16 912
-
Employer
46 160
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
municipal
-
1 287
-
-
nationa
-
7 920
-
-
total
-
9 207
-
-
Dividends
-
23 793
-
-
withholding
-
6 186
-
-
total
-
6 186
-
-
Income
33 000
33 000
33 000
33 000
Total tax
24 243
15 393
16 912
15 046
After tax
8 757
17 607
16 088
17 954
Living cost
21 916
21 916
21 916
21 916
Free-cash
-13 159
-4 309
-5 828
-3 962

Estimated living cost  is ₴21916 per week

₴15277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴336
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.
₴4865
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
₴9296
₴7678
₴6925
₴6207
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
unemployment
-
-
-
118
income
-
-
-
5 168
health
-
-
-
2 344
surtax
-
-
-
384
pensions
-
-
-
6 600
other
-
-
-
-
total
-
-
-
14 614
Employee
17 176
-
27 262
-
pensions
1 145
-
1 819
-
unemployment
1 196
-
1 897
-
income
2 879
-
4 852
-
other
-
-
-
-
surtax
56
-
330
-
health
439
-
696
-
total
5 715
-
9 594
-
Employer
17 176
-
27 262
-
health
782
-
1 240
-
pensions
2 290
-
3 634
-
other
-
-
-
-
unemployment
544
-
864
-
total
3 616
-
5 738
-
Corporate
12 209
33 000
-
-
income
3 175
8 580
-
-
total
3 175
8 580
-
-
Dividends
9 034
24 420
-
-
withholding
1 355
3 663
-
-
total
1 355
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 861
12 243
15 332
14 614
After tax
19 139
20 757
17 668
18 386
Living cost
11 461
11 461
11 461
11 461
Free-cash
7 678
9 296
6 207
6 925

Estimated living cost  is ₴11461 per week

₴7008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
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.
₴3131
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
₴889
-₴4290
₴886
-₴2551
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
income
-
-
-
6 180
pensions
-
-
-
2 099
total
-
-
-
8 279
Employee
33 081
-
29 372
-
pensions
2 808
-
2 363
-
income
5 958
-
5 322
-
health
480
-
403
-
total
9 246
-
8 088
-
Employer
33 081
-
29 372
-
health
628
-
558
-
pensions
3 581
-
3 070
-
total
4 209
-
3 628
-
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.

-
6 271
-
-
total
-
6 271
-
-
Dividends
-
26 729
-
-
withholding
-
2 005
-
-
total
-
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 455
8 276
11 716
8 279
After tax
19 545
24 724
21 284
24 721
Living cost
23 835
23 835
23 835
23 835
Free-cash
-4 290
889
-2 551
886

Estimated living cost  is ₴23835 per week

₴17857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3942
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
-₴25531
-₴19065
-₴12690
-₴14373
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
city
-
-
-
347
national
-
-
-
109
regional
-
-
-
785
health
-
-
-
132
pensions
-
-
-
3 036
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
total
-
-
-
5 069
Employee
47 536
-
29 537
-
national
225
-
89
-
city
510
-
317
-
pensions
3 994
-
2 481
-
unemployment
-
-
-
-
health
107
-
67
-
regional
1 557
-
659
-
total
6 393
-
3 613
-
Employer
47 536
-
29 537
-
health
107
-
67
-
pensions
3 994
-
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.

950
-
591
-
unemployment
-
-
-
-
total
5 051
-
3 139
-
Corporate
-
33 000
-
-
national
-
2 805
-
-
regional
-
6 980
-
-
total
-
9 785
-
-
Dividends
-
23 215
-
-
withholding
-
8 125
-
-
total
-
8 125
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 444
17 910
6 752
5 069
After tax
21 556
15 090
26 248
27 931
Living cost
40 621
40 621
40 621
40 621
Free-cash
-19 065
-25 531
-14 373
-12 690

Estimated living cost  is ₴40621 per week

₴26415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴499
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.
₴10061
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
-₴7393
₴1028
-₴304
₴1214
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
-
-
-
1 518
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.

-
-
-
4 213
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.

-
-
-
3 548
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.

-
-
-
232
total
-
-
-
9 511
Employee

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

31 214
-
33 000
-
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.

3 671
-
4 213
-
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.

202
-
232
-
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.

3 548
-
3 548
-
total
7 421
-
7 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 786
33 000
-
-
income
268
4 950
-
-
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.

15
272
-
-
trade
307
5 660
-
-
chamber of commerce
82
125
-
-
total
672
11 007
-
-
Dividends
1 114
21 993
-
-
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.

5
292
-
-
withholding
81
5 301
-
-
total
86
5 593
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 179
16 600
7 993
9 511
After tax
24 821
16 400
25 007
23 489
Living cost
23 793
23 793
23 793
23 793
Free-cash
1 028
-7 393
1 214
-304

Estimated living cost  is ₴23793 per week

₴17378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4204
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
-₴1139
₴1930
₴1935
₴2152
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
income
-
-
-
1 635
health
-
-
-
286
surtax
-
-
-
-
pensions
-
-
-
9 412
other
-
-
-
1 023
social contributions
-
-
-
939
total
-
-
-
13 295
Employee
22 229
-
25 147
-
pensions
2 513
-
2 844
-
social contributions
634
-
717
-
income
1 312
-
1 665
-
surtax
-
-
-
-
total
4 459
-
5 226
-
Employer
22 229
-
25 147
-
social contributions
67
-
76
-
health
1 556
-
1 760
-
pensions
3 652
-
4 131
-
other
767
-
867
-
unemployment
900
-
1 018
-
total
6 942
-
7 852
-
Corporate
3 829
33 000
-
-
income
1 072
9 240
-
-
surtax
-
-
-
-
total
1 072
9 240
-
-
Dividends
2 757
23 760
-
-
social contributions
474
4 087
-
-
surtax
-
-
-
-
withholding
353
3 042
-
-
total
827
7 129
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 300
16 369
13 078
13 295
After tax
19 700
16 631
19 922
19 705
Living cost
17 770
17 770
17 770
17 770
Free-cash
1 930
-1 139
2 152
1 935

Estimated living cost  is ₴17770 per week

₴11205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1445
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.
₴4819
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
₴622
₴3510
₴3696
₴3913
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
income
-
-
-
1 635
health
-
-
-
286
surtax
-
-
-
-
pensions
-
-
-
9 412
other
-
-
-
1 023
social contributions
-
-
-
939
total
-
-
-
13 295
Employee
19 843
-
25 147
-
pensions
2 244
-
2 844
-
social contributions
566
-
717
-
income
1 023
-
1 665
-
surtax
-
-
-
-
total
3 833
-
5 226
-
Employer
19 843
-
25 147
-
social contributions
59
-
76
-
health
1 389
-
1 760
-
pensions
3 260
-
4 131
-
other
685
-
867
-
unemployment
803
-
1 018
-
total
6 196
-
7 852
-
Corporate
6 961
33 000
-
-
income
1 949
9 240
-
-
surtax
-
-
-
-
total
1 949
9 240
-
-
Dividends
5 012
23 760
-
-
social contributions
861
4 087
-
-
surtax
-
-
-
-
withholding
642
3 042
-
-
total
1 503
7 129
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 481
16 369
13 078
13 295
After tax
19 519
16 631
19 922
19 705
Living cost
16 009
16 009
16 009
16 009
Free-cash
3 510
622
3 913
3 696

Estimated living cost  is ₴16009 per week

₴9285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4795
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
₴9121
₴9389
₴10180
₴8652
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
income
-
-
-
4 950
health
-
-
-
2 303
social contributions
-
-
-
4 554
total
-
-
-
11 807
Employee
17 610
-
33 000
-
social contributions
2 431
-
4 554
-
income
2 937
-
6 478
-
health
1 229
-
2 303
-
total
6 597
-
13 335
-
Employer
17 610
-
33 000
-
total
-
-
-
-
Corporate
15 390
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%.

770
1 650
-
-
total
770
1 650
-
-
Dividends
14 620
31 350
-
-
social contributions
2 018
4 326
-
-
health
1 020
2 188
-
-
withholding
2 193
4 702
-
-
total
5 231
11 216
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 598
12 866
13 335
11 807
After tax
20 402
20 134
19 665
21 193
Living cost
11 013
11 013
11 013
11 013
Free-cash
9 389
9 121
8 652
10 180

Estimated living cost  is ₴11013 per week

₴7371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2710
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
₴516
-₴1022
-₴281
-₴6112
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
unemployment
-
-
-
3 186
income
-
-
-
2 930
chamber of commerce
-
-
-
132
health
-
-
-
2 524
surtax
-
-
-
103
pensions
-
-
-
6 105
total
-
-
-
14 980
Employee
25 957
20 698
25 544
-
pensions
2 658
2 119
2 616
-
unemployment
779
621
766
-
income
2 955
1 527
2 837
-
other
259
207
255
-
health
1 004
801
989
-
total
7 655
5 275
7 463
-
Employer
25 957
20 698
25 544
-
chamber of commerce
103
83
103
-
health
981
783
966
-
payroll
779
621
766
-
pensions
3 258
2 598
3 205
-
surtax
103
103
103
-
accident
337
269
332
-
other
1 233
983
1 213
-
unemployment
779
621
766
-
total
7 573
6 061
7 454
-
Corporate
1 971
6 242
23 575
-
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.

493
1 560
5 894
-
total
493
1 560
5 894
-
Dividends
-
4 682
-
-
withholding
-
1 287
-
-
total
-
1 287
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 721
14 183
20 811
14 980
After tax
17 279
18 817
12 189
18 020
Living cost
18 301
18 301
18 301
18 301
Free-cash
-1 022
516
-6 112
-281

Estimated living cost  is ₴18301 per week

₴12206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4233
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
-₴361
-₴14968
-₴1679
-₴4982
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
national
-
-
-
9 883
communal

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

-
-
-
1 733
social contributions
-
-
-
4 125
total
-
-
-
15 741
Employee

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

37 152
-
25 560
-
national
11 422
-
6 929
-
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.

2 786
-
1 917
-
communal

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

1 938
-
1 334
-
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.

323
-
223
-
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.

1 746
-
1 201
-
total
18 215
-
11 604
-
Employer

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

37 152
-
25 560
-
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.

2 285
-
1 571
-
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.

3 292
-
2 265
-
surtax
4 213
-
2 898
-
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.

483
-
332
-
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.

542
-
374
-
total
10 815
-
7 440
-
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.

-
7 691
-
-
total
-
7 691
-
-
Income
33 000
33 000
33 000
33 000
Total tax
29 030
14 423
19 044
15 741
After tax
3 970
18 577
13 956
17 259
Living cost
18 938
18 938
18 938
18 938
Free-cash
-14 968
-361
-4 982
-1 679

Estimated living cost  is ₴18938 per week

₴12198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4787
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
₴3521
-₴1095
-₴779
-₴544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
unemployment
-
-
-
231
accident
-
-
-
297
income
-
-
-
5 122
pensions
-
-
-
9 339
other
-
-
-
33
total
-
-
-
15 022
Employee
25 854
-
25 022
-
pensions
1 215
-
1 176
-
unemployment
401
-
387
-
income
5 455
-
5 222
-
other
26
-
25
-
total
7 097
-
6 810
-
Employer
25 854
-
25 022
-
pensions
6 101
-
5 905
-
accident
512
-
496
-
other
206
-
200
-
unemployment
1 422
-
1 376
-
total
8 241
-
7 977
-
Corporate
-
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.

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
28 050
-
-
withholding
-
5 772
-
-
total
-
5 772
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 338
10 722
14 787
15 022
After tax
17 662
22 278
18 213
17 978
Living cost
18 757
18 757
18 757
18 757
Free-cash
-1 095
3 521
-544
-779

Estimated living cost  is ₴18757 per week

₴13813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1331
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.
₴3343
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
-₴7595
-₴11032
-₴6664
-₴6021
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
accident
-
-
-
297
income
-
-
-
1 639
communal
-
-
-
-
health
-
-
-
2 475
surtax
-
-
-
1 747
pensions
-
-
-
5 280
total
-
-
-
11 438
Employee
39 333
-
29 477
-
pensions
3 146
-
2 359
-
income
3 799
-
1 794
-
surtax
2 411
-
1 807
-
health
1 750
-
1 312
-
total
11 106
-
7 272
-
Employer
39 333
-
29 477
-
health
1 200
-
899
-
pensions
3 146
-
2 359
-
accident
354
-
265
-
total
4 700
-
3 523
-
Corporate
-
33 000
-
-
income
-
4 950
-
-
surtax
-
347
-
-
communal
-
2 228
-
-
total
-
7 525
-
-
Dividends
-
25 476
-
-
income
-
1 023
-
-
withholding
-
3 821
-
-
total
-
4 844
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 806
12 369
10 795
11 438
After tax
17 194
20 631
22 205
21 562
Living cost
28 226
28 226
28 226
28 226
Free-cash
-11 032
-7 595
-6 021
-6 664

Estimated living cost  is ₴28226 per week

₴21173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5043
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
₴9091
₴7440
₴6720
₴6002
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
unemployment
-
-
-
118
income
-
-
-
5 168
health
-
-
-
2 344
surtax
-
-
-
384
pensions
-
-
-
6 600
other
-
-
-
-
total
-
-
-
14 614
Employee
17 491
-
27 262
-
pensions
1 167
-
1 819
-
unemployment
1 217
-
1 897
-
income
2 932
-
4 852
-
other
-
-
-
-
surtax
62
-
330
-
health
446
-
696
-
total
5 824
-
9 594
-
Employer
17 491
-
27 262
-
health
795
-
1 240
-
pensions
2 332
-
3 634
-
other
-
-
-
-
unemployment
555
-
864
-
total
3 682
-
5 738
-
Corporate
11 826
33 000
-
-
income
3 075
8 580
-
-
total
3 075
8 580
-
-
Dividends
8 751
24 420
-
-
withholding
1 313
3 663
-
-
total
1 313
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 894
12 243
15 332
14 614
After tax
19 106
20 757
17 668
18 386
Living cost
11 666
11 666
11 666
11 666
Free-cash
7 440
9 091
6 002
6 720

Estimated living cost  is ₴11666 per week

₴7043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3338
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
₴3355
₴2202
₴3802
₴1947
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
national
-
-
-
6 027
regional
-
-
-
497
social contributions
-
-
-
8 487
total
-
-
-
15 207
Employee
28 811
-
33 000
-
national
4 564
-
5 315
-
social contributions
9 715
-
11 128
-
municipal
153
-
175
-
regional
388
-
444
-
total
14 820
-
17 062
-
Employer
28 811
-
33 000
-
total
-
-
-
-
Corporate
4 189
33 000
-
-
municipal
208
1 640
-
-
nationa
1 005
7 920
-
-
total
1 213
9 560
-
-
Dividends
2 975
23 440
-
-
withholding
774
6 094
-
-
total
774
6 094
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 807
15 654
17 062
15 207
After tax
16 193
17 346
15 938
17 793
Living cost
13 991
13 991
13 991
13 991
Free-cash
2 202
3 355
1 947
3 802

Estimated living cost  is ₴13991 per week

₴8701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴3633
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
₴6832
₴1165
₴185
₴858
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
solidarity contribution
-
-
-
-
income
-
-
-
2 836
health
-
-
-
4 455
social contributions
-
-
-
9 636
total
-
-
-
16 927
Employee
23 365
-
24 627
-
social contributions
1 519
-
1 601
-
income
2 804
-
2 955
-
solidarity contribution
-
-
-
-
health
3 154
-
3 325
-
total
7 477
-
7 881
-
Employer
23 365
-
24 627
-
social contributions
5 841
-
6 157
-
health
2 103
-
2 216
-
total
7 944
-
8 373
-
Corporate
1 691
33 000
-
-
income
321
6 270
-
-
total
321
6 270
-
-
Dividends
1 370
26 730
-
-
withholding
205
4 010
-
-
total
205
4 010
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 947
10 280
16 254
16 927
After tax
17 053
22 720
16 746
16 073
Living cost
15 888
15 888
15 888
15 888
Free-cash
1 165
6 832
858
185

Estimated living cost  is ₴15888 per week

₴11815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴880
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.
₴2918
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
₴2302
₴2047
₴1553
-₴4359
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
unemployment
-
-
-
3 186
income
-
-
-
2 930
chamber of commerce
-
-
-
132
health
-
-
-
2 524
surtax
-
-
-
-
pensions
-
-
-
6 105
total
-
-
-
14 877
Employee
22 704
20 698
25 624
-
pensions
2 325
2 119
2 624
-
unemployment
681
621
769
-
income
2 023
1 527
2 859
-
other
227
207
256
-
health
878
801
992
-
total
6 134
5 275
7 500
-
Employer
22 704
20 698
25 624
-
chamber of commerce
91
83
103
-
health
858
783
969
-
payroll
681
621
769
-
pensions
2 849
2 598
3 216
-
surtax
-
-
-
-
accident
295
269
333
-
other
1 078
983
1 217
-
unemployment
681
621
769
-
total
6 533
5 958
7 376
-
Corporate
3 762
6 344
23 653
-
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.

940
1 586
5 913
-
total
940
1 586
5 913
-
Dividends
2 822
4 759
-
-
withholding
776
1 309
-
-
total
776
1 309
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 383
14 128
20 789
14 877
After tax
18 617
18 872
12 211
18 123
Living cost
16 570
16 570
16 570
16 570
Free-cash
2 047
2 302
-4 359
1 553

Estimated living cost  is ₴16570 per week

₴9940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4642
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
₴24363
₴23053
₴25683
₴19413
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
8 734
-
33 000
-
income
1 747
-
6 600
-
total
1 747
-
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%.

24 266
33 000
-
-
total
-
-
-
-
Dividends
24 266
33 000
-
-
withholding
1 213
1 650
-
-
total
1 213
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 960
1 650
6 600
330
After tax
30 040
31 350
26 400
32 670
Living cost
6 987
6 987
6 987
6 987
Free-cash
23 053
24 363
19 413
25 683

Estimated living cost  is ₴6987 per week

₴4728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴293
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.
₴1731
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
₴8789
₴4444
₴3973
₴3027
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
unemployment
-
-
-
49
income
-
-
-
5 774
health
-
-
-
3 247
pensions
-
-
-
6 026
total
-
-
-
15 096
Employee

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

22 968
-
28 555
-
pensions
3 560
-
4 426
-
unemployment
33
-
40
-
income
3 961
-
5 286
-
health
1 483
-
1 845
-
total
9 037
-
11 597
-
Employer

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

22 968
-
28 555
-
health
1 530
-
1 901
-
pensions
2 032
-
2 527
-
unemployment
14
-
17
-
total
3 576
-
4 445
-
Corporate
6 457
33 000
-
-
income
1 227
6 270
-
-
total
1 227
6 270
-
-
Dividends
5 229
26 730
-
-
withholding
785
4 010
-
-
total
785
4 010
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 625
10 280
16 042
15 096
After tax
18 375
22 720
16 958
17 904
Living cost
13 931
13 931
13 931
13 931
Free-cash
4 444
8 789
3 027
3 973

Estimated living cost  is ₴13931 per week

₴9561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴893
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.
₴3208
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
-₴4309
-₴51269
-₴1580
₴1179
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
income
-
-
-
6 432
social contributions
-
-
-
3 762
total
-
-
-
10 194
Employee
34 967
-
-
-
social contributions
2 867
-
409
-
income
7 713
-
-
-
total
10 580
-
409
-
Employer
34 967
-
-
-
social contributions
49 303
-
7 026
-
total
49 303
-
7 026
-
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
59 883
12 923
7 435
10 194
After tax
-26 883
20 077
25 565
22 806
Living cost
24 386
24 386
24 386
24 386
Free-cash
-51 269
-4 309
1 179
-1 580

Estimated living cost  is ₴24386 per week

₴15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5959
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
₴2478
₴1955
₴2629
₴1607
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
income
-
-
-
2 611
surtax
-
-
-
-
social contributions

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

-
-
-
11 468
total
-
-
-
14 079
Employee
23 888
-
26 666
-
social contributions
2 628
-
2 933
-
income
4 969
-
5 834
-
surtax
-
-
-
-
total
7 597
-
8 767
-
Employer
23 888
-
26 666
-
social contributions
5 673
-
6 334
-
total
5 673
-
6 334
-
Corporate
3 439
33 000
-
-
income
722
6 930
-
-
surtax
-
-
-
-
total
722
6 930
-
-
Dividends
2 716
26 070
-
-
withholding
761
7 300
-
-
total
761
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 753
14 230
15 101
14 079
After tax
18 247
18 770
17 899
18 921
Living cost
16 292
16 292
16 292
16 292
Free-cash
1 955
2 478
1 607
2 629

Estimated living cost  is ₴16292 per week

₴12189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴8455
-₴9690
-₴5381
-₴5164
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
income
-
-
-
1 635
health
-
-
-
286
surtax
-
-
-
-
pensions
-
-
-
9 412
other
-
-
-
1 023
social contributions
-
-
-
939
total
-
-
-
13 295
Employee
32 530
-
25 147
-
pensions
3 679
-
2 844
-
social contributions
926
-
717
-
income
2 838
-
1 665
-
surtax
-
-
-
-
total
7 443
-
5 226
-
Employer
32 530
-
25 147
-
social contributions
98
-
76
-
health
2 277
-
1 760
-
pensions
5 345
-
4 131
-
other
1 123
-
867
-
unemployment
1 318
-
1 018
-
total
10 161
-
7 852
-
Corporate
-
33 000
-
-
income
-
9 240
-
-
surtax
-
-
-
-
total
-
9 240
-
-
Dividends
-
23 760
-
-
social contributions
-
4 087
-
-
surtax
-
-
-
-
withholding
-
3 042
-
-
total
-
7 129
-
-
Income
33 000
33 000
33 000
33 000
Total tax
17 604
16 369
13 078
13 295
After tax
15 396
16 631
19 922
19 705
Living cost
25 086
25 086
25 086
25 086
Free-cash
-9 690
-8 455
-5 164
-5 381

Estimated living cost  is ₴25086 per week

₴16978
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.
₴344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5712
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
₴14087
₴12343
₴10023
₴10948
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
income
-
-
-
104
social contributions
-
-
-
7 260
total
-
-
-
7 364
Employee
16 698
-
28 572
-
social contributions
1 085
-
1 858
-
income
-
-
153
-
total
1 085
-
2 011
-
Employer
16 698
-
28 572
-
social contributions
2 588
-
4 428
-
total
2 588
-
4 428
-
Corporate
13 714
33 000
-
-
income
1 371
3 300
-
-
total
1 371
3 300
-
-
Dividends
12 343
29 700
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
5 044
3 300
6 439
7 364
After tax
27 956
29 700
26 561
25 636
Living cost
15 613
15 613
15 613
15 613
Free-cash
12 343
14 087
10 948
10 023

Estimated living cost  is ₴15613 per week

₴10095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4047
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
-₴79948
-₴79948
-₴3753
-₴79948
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
-
-
-
5 521
national
-
-
-
3 213
labour market
-
-
-
2 604
pensions
-
-
-
449
total
-
-
-
11 787
Employee
105 375
105 375
105 375
-
national
12 874
12 874
12 874
-
pensions
150
150
150
-
municipal
22 439
22 439
22 439
-
labour market
8 418
8 418
8 418
-
total
43 881
43 881
43 881
-
Employer
105 375
105 375
105 375
-
municipal
22 475
22 475
22 475
-
labour market
8 430
8 430
8 430
-
national
12 896
12 896
12 896
-
pensions
300
300
300
-
total
44 101
44 101
44 101
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
87 982
87 982
87 982
11 787
After tax
-54 982
-54 982
-54 982
21 213
Living cost
24 966
24 966
24 966
24 966
Free-cash
-79 948
-79 948
-79 948
-3 753

Estimated living cost  is ₴24966 per week

₴17087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴384
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 Copenhagen model

Close
Krakow , Poland
-₴8438
₴969
₴11654
₴6049
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
accident
-
-
-
129
income
-
-
-
6 665
health
-
-
-
1 118
pensions
-
-
-
2 133
other
-
-
-
190
total
-
-
-
10 235
Employee
17 478
-
27 413
-
pensions
1 968
-
3 087
-
income
2 398
-
4 027
-
health
2 001
-
3 139
-
total
6 367
-
10 253
-
Employer
17 478
-
27 413
-
pensions
2 842
-
4 457
-
accident
292
-
458
-
unemployment
428
-
672
-
total
3 562
-
5 587
-
Corporate
11 960
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.

10 764
29 700
-
-
total
10 764
29 700
-
-
Dividends
1 196
3 300
-
-
withholding
227
627
-
-
total
227
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 920
30 327
15 840
10 235
After tax
12 080
2 673
17 160
22 765
Living cost
11 111
11 111
11 111
11 111
Free-cash
969
-8 438
6 049
11 654

Estimated living cost  is ₴11111 per week

₴8087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2181
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
₴2748
₴359
₴5206
₴297
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
-
-
-
5 887
national
-
-
-
1 674
health
-
-
-
292
total
-
-
-
7 853
Employee
27 326
-
27 761
-
national
451
-
475
-
pensions
1 844
-
1 874
-
unemployment
410
-
416
-
municipal
4 476
-
4 547
-
health
204
-
211
-
total
7 385
-
7 523
-
Employer
27 326
-
27 761
-
health
210
-
214
-
pensions
4 741
-
4 817
-
accident
28
-
28
-
unemployment
177
-
180
-
total
5 156
-
5 239
-
Corporate
518
33 000
-
-
income
103
6 600
-
-
total
103
6 600
-
-
Dividends

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

311
19 800
-
-
municipal
56
3 564
-
-
national
-
147
-
-
total
56
3 711
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 700
10 311
12 762
7 853
After tax
20 300
22 689
20 238
25 147
Living cost
19 941
19 941
19 941
19 941
Free-cash
359
2 748
297
5 206

Estimated living cost  is ₴19941 per week

₴13025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4681
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
₴9230
₴9413
₴13427
₴10941
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
income
-
-
-
1 558
health
-
-
-
842
social contributions
-
-
-
5 148
total
-
-
-
7 548
Employee
39 939
39 939
39 939
-
social contributions
1 510
3 315
2 487
-
income
4 349
3 697
3 996
-
health
309
679
510
-
total
6 168
7 691
6 993
-
Employer
39 939
39 939
39 939
-
social contributions
1 510
3 315
2 487
-
health
336
739
554
-
total
1 846
4 054
3 041
-
Corporate
12 960
-
-
-
income
1 620
-
-
-
total
1 620
-
-
-
Dividends
11 340
-
-
-
withholding
1 928
-
-
-
total
1 928
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 562
11 745
10 034
7 548
After tax
21 438
21 255
22 966
25 452
Living cost
12 025
12 025
12 025
12 025
Free-cash
9 413
9 230
10 941
13 427

Estimated living cost  is ₴12025 per week

₴7207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1180
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.
₴3373
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
₴19081
₴16440
₴16681
₴12175
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
unemployment
-
-
-
15
income
-
-
-
2 874
health
-
-
-
1 880
pensions
-
-
-
3 304
total
-
-
-
8 073
Employee

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

11 922
-
29 918
-
pensions
1 788
-
4 488
-
unemployment
59
-
150
-
income
815
-
2 317
-
health
1 013
-
2 543
-
total
3 675
-
9 498
-
Employer

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

11 922
-
29 918
-
health
513
-
1 286
-
pensions
655
-
1 645
-
unemployment
59
-
150
-
total
1 227
-
3 081
-
Corporate
19 851
33 000
-
-
income
1 787
2 970
-
-
total
1 787
2 970
-
-
Dividends
18 064
30 030
-
-
withholding
1 625
2 703
-
-
total
1 625
2 703
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 314
5 673
12 579
8 073
After tax
24 686
27 327
20 421
24 927
Living cost
8 246
8 246
8 246
8 246
Free-cash
16 440
19 081
12 175
16 681

Estimated living cost  is ₴8246 per week

₴5261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
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.
₴2145
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
₴7995
₴5269
₴3695
₴3930
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
unemployment
-
-
-
231
accident
-
-
-
297
income
-
-
-
5 122
pensions
-
-
-
9 339
other
-
-
-
33
total
-
-
-
15 022
Employee
19 205
-
25 022
-
pensions
903
-
1 176
-
unemployment
298
-
387
-
income
3 703
-
5 222
-
other
19
-
25
-
total
4 923
-
6 810
-
Employer
19 205
-
25 022
-
pensions
4 532
-
5 905
-
accident
380
-
496
-
other
154
-
200
-
unemployment
1 057
-
1 376
-
total
6 123
-
7 977
-
Corporate
7 672
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.

1 151
4 950
-
-
total
1 151
4 950
-
-
Dividends
6 521
28 050
-
-
withholding
1 251
5 772
-
-
total
1 251
5 772
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 448
10 722
14 787
15 022
After tax
19 552
22 278
18 213
17 978
Living cost
14 283
14 283
14 283
14 283
Free-cash
5 269
7 995
3 930
3 695

Estimated living cost  is ₴14283 per week

₴9641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3019
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
₴19711
₴19565
₴20051
₴19989
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
income
-
-
-
10 959
health
-
-
-
466
pensions
-
-
-
643
total
-
-
-
12 068
Employee
1 342
-
32 277
-
pensions
121
-
289
-
unemployment
13
-
32
-
income
260
-
10 925
-
health
67
-
161
-
total
461
-
11 407
-
Employer
1 342
-
32 277
-
health
128
-
305
-
pensions
148
-
354
-
unemployment
27
-
64
-
total
303
-
723
-
Corporate
31 356
33 000
-
-
income
6 898
7 260
-
-
total
6 898
7 260
-
-
Dividends
24 458
25 740
-
-
withholding
4 892
5 148
-
-
total
4 892
5 148
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 554
12 408
12 130
12 068
After tax
20 446
20 592
20 870
20 932
Living cost
881
881
881
881
Free-cash
19 565
19 711
19 989
20 051

Estimated living cost  is ₴881 per week

₴524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴71
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴20
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.
₴266
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
₴14874
₴12325
₴7270
₴8691
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
unemployment
-
-
-
495
income
-
-
-
4 288
health
-
-
-
3 399
pensions
-
-
-
8 580
total
-
-
-
16 762
Employee

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

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

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

13 523
-
27 990
-
pensions
1 893
-
3 919
-
unemployment
101
-
210
-
income
1 864
-
4 761
-
health
696
-
1 441
-
total
4 554
-
10 331
-
Employer

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

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

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

13 523
-
27 990
-
health
696
-
1 441
-
pensions
1 623
-
3 359
-
unemployment
101
-
210
-
total
2 420
-
5 010
-
Corporate
17 057
33 000
-
-
income
2 558
4 950
-
-
total
2 558
4 950
-
-
Dividends
14 498
28 050
-
-
withholding
2 175
4 208
-
-
total
2 175
4 208
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 707
9 158
15 341
16 762
After tax
21 293
23 842
17 659
16 238
Living cost
8 968
8 968
8 968
8 968
Free-cash
12 325
14 874
8 691
7 270

Estimated living cost  is ₴8968 per week

₴6038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
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.
₴1977
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
₴4768
₴4581
₴4919
₴3897
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
income
-
-
-
2 611
surtax
-
-
-
-
social contributions

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

-
-
-
11 468
total
-
-
-
14 079
Employee
20 159
-
26 666
-
social contributions
2 218
-
2 933
-
income
3 939
-
5 834
-
surtax
-
-
-
-
total
6 157
-
8 767
-
Employer
20 159
-
26 666
-
social contributions
4 787
-
6 334
-
total
4 787
-
6 334
-
Corporate
8 054
33 000
-
-
income
1 691
6 930
-
-
surtax
-
-
-
-
total
1 691
6 930
-
-
Dividends
6 363
26 070
-
-
withholding
1 782
7 300
-
-
total
1 782
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 417
14 230
15 101
14 079
After tax
18 583
18 770
17 899
18 921
Living cost
14 002
14 002
14 002
14 002
Free-cash
4 581
4 768
3 897
4 919

Estimated living cost  is ₴14002 per week

₴9917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
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.
₴2864
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
₴4024
-₴83
-₴276
-₴41
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
unemployment
-
-
-
231
accident
-
-
-
297
income
-
-
-
5 122
pensions
-
-
-
9 339
other
-
-
-
33
total
-
-
-
15 022
Employee
25 084
-
25 022
-
pensions
1 179
-
1 176
-
unemployment
388
-
387
-
income
5 239
-
5 222
-
other
25
-
25
-
total
6 831
-
6 810
-
Employer
25 084
-
25 022
-
pensions
5 920
-
5 905
-
accident
497
-
496
-
other
201
-
200
-
unemployment
1 380
-
1 376
-
total
7 998
-
7 977
-
Corporate
-
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.

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
28 050
-
-
withholding
-
5 772
-
-
total
-
5 772
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 829
10 722
14 787
15 022
After tax
18 171
22 278
18 213
17 978
Living cost
18 254
18 254
18 254
18 254
Free-cash
-83
4 024
-41
-276

Estimated living cost  is ₴18254 per week

₴13109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3468
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
₴19178
₴15973
₴14114
₴14766
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
unemployment
-
-
-
73
income
-
-
-
4 950
health
-
-
-
2 110
pensions

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

-
-
-
2 716
total
-
-
-
9 849
Employee
11 967
-
29 400
-
pensions

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

1 051
-
1 611
-
income
1 197
-
2 940
-
health
551
-
844
-
accident

We are using the highest rate at 1.1%.

132
-
202
-
total
2 931
-
5 597
-
Employer
11 967
-
29 400
-
health
826
-
1 266
-
pensions

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

1 319
-
2 022
-
accident

We are using the highest rate at 1.1%.

132
-
202
-
unemployment
72
-
110
-
total
2 349
-
3 600
-
Corporate
18 686
33 000
-
-
income
1 869
3 300
-
-
total
1 869
3 300
-
-
Dividends
16 817
29 700
-
-
withholding
841
1 485
-
-
total
841
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 990
4 785
9 197
9 849
After tax
25 010
28 215
23 803
23 151
Living cost
9 037
9 037
9 037
9 037
Free-cash
15 973
19 178
14 766
14 114

Estimated living cost  is ₴9037 per week

₴5977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2327
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
-₴2973
₴3823
₴3685
₴4955
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
-
-
-
1 270
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.

-
-
-
4 213
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.

-
-
-
3 548
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.

-
-
-
232
total
-
-
-
9 263
Employee

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

25 843
-
33 000
-
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.

2 125
-
4 213
-
surtax

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

117
-
232
-
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.

3 548
-
3 548
-
total
5 790
-
7 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 157
33 000
-
-
income
1 073
4 950
-
-
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.

59
272
-
-
trade
1 027
4 736
-
-
chamber of commerce
90
127
-
-
total
2 249
10 085
-
-
Dividends
4 908
22 915
-
-
surtax

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

56
305
-
-
withholding
1 030
5 531
-
-
total
1 086
5 836
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 125
15 921
7 993
9 263
After tax
23 875
17 079
25 007
23 737
Living cost
20 052
20 052
20 052
20 052
Free-cash
3 823
-2 973
4 955
3 685

Estimated living cost  is ₴20052 per week

₴13832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2158
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.
₴3771
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
-₴6487
-₴7628
-₴4097
-₴4097
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
income
-
-
-
4 974
social contributions
-
-
-
2 536
total
-
-
-
7 510
Employee
40 628
-
33 000
-
social contributions
3 375
-
2 536
-
income
7 666
-
4 974
-
total
11 041
-
7 510
-
Employer
40 628
-
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
11 041
9 900
7 510
7 510
After tax
21 959
23 100
25 490
25 490
Living cost
29 587
29 587
29 587
29 587
Free-cash
-7 628
-6 487
-4 097
-4 097

Estimated living cost  is ₴29587 per week

₴22509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2411
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.
₴4384
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
-₴148
₴2862
-₴3867
₴5087
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
income
-
-
-
14 785
health

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

-
-
-
3 228
total
-
-
-
18 013
Employee
23 826
-
30 611
-
social contributions
2 387
-
2 389
-
income
2 585
-
4 281
-
total
4 972
-
6 670
-
Employer
23 826
-
30 611
-
social contributions
2 387
-
2 389
-
total
2 387
-
2 389
-
Corporate
6 786
33 000
-
-
income
2 375
11 550
-
-
total
2 375
11 550
-
-
Dividends
4 411
21 450
-
-
social contributions
1 550
2 744
-
-
total
1 550
2 744
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 284
14 294
9 059
18 013
After tax
21 716
18 706
23 941
14 987
Living cost
18 854
18 854
18 854
18 854
Free-cash
2 862
-148
5 087
-3 867

Estimated living cost  is ₴18854 per week

₴12419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1486
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.
₴4659
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
₴5347
₴2404
₴5344
₴1907
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
income
-
-
-
6 180
pensions
-
-
-
2 099
total
-
-
-
8 279
Employee
26 598
-
29 372
-
pensions
2 030
-
2 363
-
income
4 844
-
5 322
-
health
347
-
403
-
total
7 221
-
8 088
-
Employer
26 598
-
29 372
-
health
506
-
558
-
pensions
2 687
-
3 070
-
total
3 193
-
3 628
-
Corporate
3 210
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.

610
6 271
-
-
total
610
6 271
-
-
Dividends
2 600
26 729
-
-
withholding
195
2 005
-
-
total
195
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 219
8 276
11 716
8 279
After tax
21 781
24 724
21 284
24 721
Living cost
19 377
19 377
19 377
19 377
Free-cash
2 404
5 347
1 907
5 344

Estimated living cost  is ₴19377 per week

₴13292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1782
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.
₴4059
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
-₴9538
₴799
₴10554
₴4949
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
accident
-
-
-
129
income
-
-
-
6 665
health
-
-
-
1 118
pensions
-
-
-
2 133
other
-
-
-
190
total
-
-
-
10 235
Employee
19 208
-
27 413
-
pensions
2 163
-
3 087
-
income
2 635
-
4 027
-
health
2 199
-
3 139
-
total
6 997
-
10 253
-
Employer
19 208
-
27 413
-
pensions
3 123
-
4 457
-
accident
321
-
458
-
unemployment
471
-
672
-
total
3 915
-
5 587
-
Corporate
9 878
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.

8 890
29 700
-
-
total
8 890
29 700
-
-
Dividends
988
3 300
-
-
withholding
188
627
-
-
total
188
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
19 990
30 327
15 840
10 235
After tax
13 010
2 673
17 160
22 765
Living cost
12 211
12 211
12 211
12 211
Free-cash
799
-9 538
4 949
10 554

Estimated living cost  is ₴12211 per week

₴8961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2292
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
₴21031
₴18505
₴12350
₴12350
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
unemployment
-
-
-
396
health insurance
-
-
-
2 442
income
-
-
-
4 556
work injury
-
-
-
165
pensions
-
-
-
6 072
total
-
-
-
13 631
Employee

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

11 231
-
33 000
-
work injury
56
-
165
-
pensions
2 066
-
6 072
-
unemployment
135
-
396
-
income
1 123
-
4 556
-
health insurance
831
-
2 442
-
total
4 211
-
13 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 769
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
21 769
33 000
-
-
withholding
3 265
4 950
-
-
total
3 265
4 950
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 476
4 950
13 631
13 631
After tax
25 524
28 050
19 369
19 369
Living cost
7 019
7 019
7 019
7 019
Free-cash
18 505
21 031
12 350
12 350

Estimated living cost  is ₴7019 per week

₴4348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1942
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

Close
Rome , Italy
-₴3309
-₴10767
-₴2947
-₴4780
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
national
-
-
-
6 027
regional
-
-
-
521
social contributions
-
-
-
8 487
total
-
-
-
15 256
Employee
43 767
-
33 000
-
national
7 396
-
5 315
-
social contributions
14 758
-
11 128
-
municipal
261
-
197
-
regional
661
-
449
-
total
23 076
-
17 089
-
Employer
43 767
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
municipal
-
1 591
-
-
nationa
-
7 920
-
-
total
-
9 511
-
-
Dividends
-
23 490
-
-
withholding
-
6 107
-
-
total
-
6 107
-
-
Income
33 000
33 000
33 000
33 000
Total tax
23 076
15 618
17 089
15 256
After tax
9 924
17 382
15 911
17 744
Living cost
20 691
20 691
20 691
20 691
Free-cash
-10 767
-3 309
-4 780
-2 947

Estimated living cost  is ₴20691 per week

₴14534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4421
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close