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
₴1779
₴9915
₴8333
₴7242
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
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.

-
-
-
4 513
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.

-
-
-
248
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.

-
-
-
3 372
trade
-
-
-
1 582
total
-
-
-
9 715
Employee

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

18 881
-
33 000
-
surtax

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

29
-
248
-
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.

527
-
4 513
-
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.

3 372
-
3 372
-
total
3 928
-
8 133
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 119
33 000
-
-
income
2 118
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.

116
273
-
-
chamber of commerce
96
123
-
-
trade
2 224
5 197
-
-
total
4 554
10 543
-
-
Dividends
9 565
22 457
-
-
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.

121
299
-
-
withholding
2 203
5 427
-
-
total
2 324
5 726
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 806
16 269
8 133
9 715
After tax
22 194
16 731
24 867
23 285
Living cost
14 952
14 952
14 952
14 952
Free-cash
7 242
1 779
9 915
8 333

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3524
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
-₴5623
-₴5438
-₴5698
-₴11327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
355
municipal
-
-
-
3 204
national
-
-
-
4 964
pensions
-
-
-
3 960
total
-
-
-
12 483
Employee
40 639
-
28 528
-
municipal
5 020
-
3 331
-
pensions
1 626
-
1 141
-
national
7 778
-
5 162
-
total
14 424
-
9 634
-
Employer
40 639
-
28 528
-
pensions
3 251
-
2 282
-
social contributions
437
-
307
-
total
3 688
-
2 589
-
Corporate
-
33 000
-
-
income

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

-
6 600
-
-
total
-
6 600
-
-
Dividends
-
26 400
-
-
withholding
-
5 808
-
-
total
-
5 808
-
-
Income
33 000
33 000
33 000
33 000
Total tax
18 112
12 408
12 223
12 483
After tax
14 888
20 592
20 777
20 517
Living cost
26 215
26 215
26 215
26 215
Free-cash
-11 327
-5 623
-5 438
-5 698

Estimated living cost  is ₴26215 per week

₴17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
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.
₴5568
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
₴16130
₴8516
₴16226
₴12080
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
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.

-
-
-
1 554
microenterprise
-
-
-
4 950
total
-
-
-
6 504
Employee
14 425
-
26 593
-
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.

1 587
-
2 926
-
income
2 568
-
4 881
-
total
4 155
-
7 807
-
Employer
14 425
-
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.

3 475
-
6 407
-
surtax
-
-
-
-
total
3 475
-
6 407
-
Corporate
15 101
33 000
-
-
income

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

3 020
6 600
-
-
total
3 020
6 600
-
-
Dividends

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

12 081
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 650
6 600
14 214
6 504
After tax
22 350
26 400
18 786
26 496
Living cost
10 270
10 270
10 270
10 270
Free-cash
12 080
16 130
8 516
16 226

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2507
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
-₴13250
-₴16020
-₴1858
-₴16020
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
-
-
-
3 412
health
-
-
-
4 982
pensions
-
-
-
5 784
total
-
-
-
14 178
Employee
42 155
42 155
42 155
-
pensions
7 588
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
6 470
-
total
20 958
18 188
20 958
-
Employer
42 155
42 155
42 155
-
health
2 930
2 930
2 930
-
pensions
2 934
2 934
2 934
-
unemployment
1 518
1 518
1 518
-
total
7 382
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
28 340
25 570
28 340
14 178
After tax
4 660
7 430
4 660
18 822
Living cost
20 680
20 680
20 680
20 680
Free-cash
-16 020
-13 250
-16 020
-1 858

Estimated living cost  is ₴20680 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3831
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
-₴2207
-₴2602
-₴3775
-₴4874
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
-
-
-
66
other
-
-
-
3 835
unemployment
-
-
-
33
health
-
-
-
2 059
municipal
-
-
-
6 990
national
-
-
-
-
pensions
-
-
-
3 567
total
-
-
-
16 550
Employee
28 819
-
25 110
-
municipal
8 594
-
7 488
-
national
-
-
-
-
total
8 594
-
7 488
-
Employer
28 819
-
25 110
-
health
1 772
-
1 544
-
pensions
3 115
-
2 714
-
accident
58
-
50
-
unemployment
761
-
663
-
other
3 349
-
2 918
-
total
9 055
-
7 889
-
Corporate
-
33 000
-
-
income
-
7 260
-
-
total
-
7 260
-
-
Dividends
-
25 740
-
-
withholding
-
7 722
-
-
total
-
7 722
-
-
Income
33 000
33 000
33 000
33 000
Total tax
17 649
14 982
15 377
16 550
After tax
15 351
18 018
17 623
16 450
Living cost
20 225
20 225
20 225
20 225
Free-cash
-4 874
-2 207
-2 602
-3 775

Estimated living cost  is ₴20225 per week

₴13404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4529
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
-₴2831
₴5474
₴3821
₴4106
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
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.

-
-
-
4 513
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.

-
-
-
248
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.

-
-
-
3 372
trade
-
-
-
1 653
total
-
-
-
9 786
Employee

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

25 034
-
33 000
-
surtax

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

118
-
248
-
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.

2 151
-
4 513
-
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.

3 372
-
3 372
-
total
5 641
-
8 133
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 966
33 000
-
-
income
1 195
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.

66
273
-
-
chamber of commerce
86
122
-
-
trade
1 311
5 429
-
-
total
2 658
10 774
-
-
Dividends
5 308
22 227
-
-
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.

63
295
-
-
withholding
1 139
5 369
-
-
total
1 202
5 664
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 501
16 438
8 133
9 786
After tax
23 499
16 562
24 867
23 214
Living cost
19 393
19 393
19 393
19 393
Free-cash
4 106
-2 831
5 474
3 821

Estimated living cost  is ₴19393 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
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.
₴4088
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
₴5827
₴7198
₴9213
₴6191
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
-
-
-
1 787
social contributions
-
-
-
5 148
health
-
-
-
841
total
-
-
-
7 776
Employee
37 959
37 959
37 959
-
social contributions
1 845
3 150
2 486
-
income
3 986
3 514
3 754
-
health
378
645
510
-
total
6 209
7 309
6 750
-
Employer
37 959
37 959
37 959
-
health
411
703
555
-
social contributions
1 845
3 150
2 486
-
total
2 256
3 853
3 041
-
Corporate
8 525
-
-
-
income
1 065
-
-
-
total
1 065
-
-
-
Dividends
7 460
-
-
-
withholding
1 268
-
-
-
total
1 268
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 798
11 162
9 791
7 776
After tax
22 202
21 838
23 209
25 224
Living cost
16 011
16 011
16 011
16 011
Free-cash
6 191
5 827
7 198
9 213

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
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
₴9596
₴10072
₴13803
₴9782
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
-
-
-
4 034
unemployment
-
-
-
495
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.

13 076
5 204
27 615
-
unemployment
196
78
414
-
pensions
1 308
520
2 762
-
income
1 599
636
3 376
-
health
915
364
1 933
-
total
4 018
1 598
8 485
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 076
5 204
27 615
-
pensions
2 550
1 015
5 385
-
total
2 550
1 015
5 385
-
Corporate
17 374
26 781
-
-
income
1 564
2 410
-
-
total
1 564
2 410
-
-
Dividends
15 811
24 371
-
-
social contributions
3 024
4 693
-
-
withholding
3 004
4 630
-
-
total
6 028
9 323
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 160
14 346
13 870
10 139
After tax
18 840
18 654
19 130
22 861
Living cost
9 058
9 058
9 058
9 058
Free-cash
9 782
9 596
10 072
13 803

Estimated living cost  is ₴9058 per week

₴6182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴14477
₴7098
₴5931
₴11410
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
-
-
-
4 256
health
-
-
-
4 290
pensions
-
-
-
6 600
total
-
-
-
15 146
Employee
14 004
-
24 663
-
unemployment
224
-
394
-
pensions
280
-
494
-
income
1 577
-
4 755
-
total
2 081
-
5 643
-
Employer
14 004
-
24 663
-
health
1 820
-
3 206
-
pensions
2 801
-
4 932
-
unemployment
112
-
198
-
total
4 733
-
8 336
-
Corporate
14 262
33 000
-
-
income
2 853
6 600
-
-
total
2 853
6 600
-
-
Dividends
11 410
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 667
6 600
13 979
15 146
After tax
23 333
26 400
19 021
17 854
Living cost
11 923
11 923
11 923
11 923
Free-cash
11 410
14 477
7 098
5 931

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
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.
₴2795
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
-₴8322
₴6096
₴11763
₴987
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
-
-
-
126
income
-
-
-
6 762
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
10 242
Employee
17 295
-
27 413
-
pensions
1 947
-
3 087
-
income
2 373
-
4 096
-
health
1 980
-
3 139
-
total
6 300
-
10 322
-
Employer
17 295
-
27 413
-
pensions
2 812
-
4 457
-
accident
289
-
458
-
unemployment
424
-
672
-
total
3 525
-
5 587
-
Corporate
12 180
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.

10 962
29 700
-
-
total
10 962
29 700
-
-
Dividends
1 218
3 300
-
-
withholding
231
627
-
-
total
231
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
21 018
30 327
15 909
10 242
After tax
11 982
2 673
17 091
22 758
Living cost
10 995
10 995
10 995
10 995
Free-cash
987
-8 322
6 096
11 763

Estimated living cost  is ₴10995 per week

₴8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴2098
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
₴27355
₴22405
₴28675
₴26606
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
4 994
-
33 000
-
income
999
-
6 600
-
total
999
-
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%.

28 006
33 000
-
-
total
-
-
-
-
Dividends
28 006
33 000
-
-
withholding
1 400
1 650
-
-
total
1 400
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 399
1 650
6 600
330
After tax
30 601
31 350
26 400
32 670
Living cost
3 995
3 995
3 995
3 995
Free-cash
26 606
27 355
22 405
28 675

Estimated living cost  is ₴3995 per week

₴2476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1077
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
₴11091
₴6190
₴4715
₴7758
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
-
-
-
4 191
other
-
-
-
1 567
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
total
-
-
-
15 131
Employee
17 924
-
26 358
-
unemployment
179
-
263
-
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.

1 254
-
1 845
-
income
3 086
-
4 538
-
health
251
-
369
-
total
4 770
-
7 015
-
Employer
17 924
-
26 358
-
health
251
-
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.

3 047
-
4 481
-
accident
143
-
211
-
unemployment
179
-
263
-
other
897
-
1 317
-
total
4 517
-
6 641
-
Corporate
10 559
33 000
-
-
income
2 217
6 930
-
-
total
2 217
6 930
-
-
Dividends
8 342
26 070
-
-
withholding
584
1 825
-
-
total
584
1 825
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 088
8 755
13 656
15 131
After tax
20 912
24 245
19 344
17 869
Living cost
13 154
13 154
13 154
13 154
Free-cash
7 758
11 091
6 190
4 715

Estimated living cost  is ₴13154 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
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
-₴8091
-₴11632
-₴8136
-₴19793
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
-
-
-
6 170
pensions
-
-
-
2 150
total
-
-
-
8 320
Employee
46 430
-
29 322
-
pensions
4 479
-
2 426
-
income
8 369
-
5 296
-
health
765
-
415
-
total
13 613
-
8 137
-
Employer
46 430
-
29 322
-
health
882
-
558
-
pensions
5 482
-
3 121
-
total
6 364
-
3 679
-
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.

-
6 270
-
-
total
-
6 270
-
-
Dividends
-
26 730
-
-
withholding
-
2 005
-
-
total
-
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
19 977
8 275
11 816
8 320
After tax
13 023
24 725
21 184
24 680
Living cost
32 816
32 816
32 816
32 816
Free-cash
-19 793
-8 091
-11 632
-8 136

Estimated living cost  is ₴32816 per week

₴24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4104
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
₴21734
₴17670
₴16959
₴19439
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
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
9 560
Employee
8 582
-
29 612
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
2 961
-
health
395
-
794
-
total
2 101
-
5 461
-
Employer
8 582
-
29 612
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
22 734
33 000
-
-
income
2 273
3 300
-
-
total
2 273
3 300
-
-
Dividends
20 461
29 700
-
-
withholding
1 023
1 485
-
-
total
1 023
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 080
4 785
8 849
9 560
After tax
25 920
28 215
24 151
23 440
Living cost
6 481
6 481
6 481
6 481
Free-cash
19 439
21 734
17 670
16 959

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
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
-₴19943
-₴22713
-₴8551
-₴20780
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
-
-
-
3 412
health
-
-
-
4 982
pensions
-
-
-
5 784
total
-
-
-
14 178
Employee
45 767
42 155
42 155
-
pensions
5 784
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
6 470
-
total
18 394
18 188
20 958
-
Employer
45 767
42 155
42 155
-
health
3 180
2 930
2 930
-
pensions
3 185
2 934
2 934
-
unemployment
1 648
1 518
1 518
-
total
8 013
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
26 407
25 570
28 340
14 178
After tax
6 593
7 430
4 660
18 822
Living cost
27 373
27 373
27 373
27 373
Free-cash
-20 780
-19 943
-22 713
-8 551

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
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.
₴4423
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
₴10454
₴4479
₴3806
₴6077
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
-
-
-
2 836
social contributions
-
-
-
9 636
solidarity contribution
-
-
-
-
health
-
-
-
4 455
total
-
-
-
16 927
Employee
18 040
-
24 627
-
solidarity contribution
-
-
-
-
social contributions
1 173
-
1 601
-
income
2 165
-
2 955
-
health
2 435
-
3 325
-
total
5 773
-
7 881
-
Employer
18 040
-
24 627
-
health
1 624
-
2 216
-
social contributions
4 510
-
6 157
-
total
6 134
-
8 373
-
Corporate
8 826
33 000
-
-
income
1 677
6 270
-
-
total
1 677
6 270
-
-
Dividends
7 149
26 730
-
-
withholding
1 072
4 009
-
-
total
1 072
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 656
10 279
16 254
16 927
After tax
18 344
22 721
16 746
16 073
Living cost
12 267
12 267
12 267
12 267
Free-cash
6 077
10 454
4 479
3 806

Estimated living cost  is ₴12267 per week

₴8521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2632
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
-₴3224
-₴4771
-₴2907
-₴10872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
8 487
regional
-
-
-
338
municipal
-
-
-
196
national
-
-
-
6 056
total
-
-
-
15 077
Employee
43 872
-
33 000
-
municipal
232
-
175
-
national
7 602
-
5 343
-
regional
414
-
296
-
social contributions
14 794
-
11 127
-
total
23 042
-
16 941
-
Employer
43 872
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
municipal
-
1 287
-
-
nationa
-
7 920
-
-
total
-
9 207
-
-
Dividends
-
23 793
-
-
withholding
-
6 187
-
-
total
-
6 187
-
-
Income
33 000
33 000
33 000
33 000
Total tax
23 042
15 394
16 941
15 077
After tax
9 958
17 606
16 059
17 923
Living cost
20 830
20 830
20 830
20 830
Free-cash
-10 872
-3 224
-4 771
-2 907

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4624
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
₴9864
₴6647
₴7369
₴8328
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
-
-
-
5 258
other
-
-
-
-
surtax
-
-
-
425
unemployment
-
-
-
112
health
-
-
-
2 343
pensions
-
-
-
6 600
total
-
-
-
14 738
Employee
16 325
-
27 261
-
other
-
-
-
-
unemployment
1 136
-
1 897
-
pensions
1 089
-
1 818
-
surtax
53
-
371
-
income
2 736
-
4 941
-
health
417
-
695
-
total
5 431
-
9 722
-
Employer
16 325
-
27 261
-
health
743
-
1 240
-
pensions
2 176
-
3 634
-
unemployment
517
-
864
-
other
-
-
-
-
total
3 436
-
5 738
-
Corporate
13 239
33 000
-
-
income
3 442
8 580
-
-
total
3 442
8 580
-
-
Dividends
9 797
24 420
-
-
withholding
1 470
3 663
-
-
total
1 470
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 779
12 243
15 460
14 738
After tax
19 221
20 757
17 540
18 262
Living cost
10 893
10 893
10 893
10 893
Free-cash
8 328
9 864
6 647
7 369

Estimated living cost  is ₴10893 per week

₴6661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2976
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
₴2306
-₴1235
₴2261
-₴2075
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
-
-
-
6 170
pensions
-
-
-
2 150
total
-
-
-
8 320
Employee
31 116
-
29 322
-
pensions
2 641
-
2 426
-
income
5 604
-
5 296
-
health
452
-
415
-
total
8 697
-
8 137
-
Employer
31 116
-
29 322
-
health
591
-
558
-
pensions
3 368
-
3 121
-
total
3 959
-
3 679
-
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.

-
6 270
-
-
total
-
6 270
-
-
Dividends
-
26 730
-
-
withholding
-
2 005
-
-
total
-
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 656
8 275
11 816
8 320
After tax
20 344
24 725
21 184
24 680
Living cost
22 419
22 419
22 419
22 419
Free-cash
-2 075
2 306
-1 235
2 261

Estimated living cost  is ₴22419 per week

₴16796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
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.
₴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

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
-₴24052
-₴12921
-₴11234
-₴17170
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
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
regional
-
-
-
809
health
-
-
-
128
city
-
-
-
347
national
-
-
-
113
pensions
-
-
-
3 036
total
-
-
-
5 093
Employee
45 805
-
29 537
-
unemployment
-
-
-
-
pensions
3 848
-
2 481
-
national
217
-
93
-
regional
1 500
-
684
-
city
492
-
318
-
health
104
-
66
-
total
6 161
-
3 642
-
Employer
45 805
-
29 537
-
health
104
-
66
-
pensions
3 848
-
2 481
-
unemployment
-
-
-
-
other

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

916
-
591
-
total
4 868
-
3 138
-
Corporate
-
33 000
-
-
regional
-
6 980
-
-
national
-
2 805
-
-
total
-
9 785
-
-
Dividends
-
23 216
-
-
withholding
-
8 126
-
-
total
-
8 126
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 029
17 911
6 780
5 093
After tax
21 971
15 089
26 220
27 907
Living cost
39 141
39 141
39 141
39 141
Free-cash
-17 170
-24 052
-12 921
-11 234

Estimated living cost  is ₴39141 per week

₴25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
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.
₴9695
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
-₴6222
₴2253
₴529
₴1784
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
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.

-
-
-
4 513
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.

-
-
-
248
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.

-
-
-
3 372
trade
-
-
-
1 724
total
-
-
-
9 857
Employee

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

29 667
-
33 000
-
surtax

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

192
-
248
-
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.

3 489
-
4 513
-
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.

3 372
-
3 372
-
total
7 053
-
8 133
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 333
33 000
-
-
income
500
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.

27
273
-
-
chamber of commerce
80
122
-
-
trade
571
5 659
-
-
total
1 178
11 004
-
-
Dividends
2 154
21 996
-
-
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.

20
292
-
-
withholding
351
5 312
-
-
total
371
5 604
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 602
16 608
8 133
9 857
After tax
24 398
16 392
24 867
23 143
Living cost
22 614
22 614
22 614
22 614
Free-cash
1 784
-6 222
2 253
529

Estimated living cost  is ₴22614 per week

₴16517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
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.
₴3995
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
-₴257
₴2965
₴2781
₴2659
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
-
-
-
1 709
other
-
-
-
1 023
surtax
-
-
-
-
social contributions
-
-
-
941
health
-
-
-
285
pensions
-
-
-
9 372
total
-
-
-
13 330
Employee
21 127
-
25 147
-
pensions
2 389
-
2 844
-
surtax
-
-
-
-
social contributions
602
-
717
-
income
1 247
-
1 733
-
total
4 238
-
5 294
-
Employer
21 127
-
25 147
-
health
1 479
-
1 760
-
pensions
3 471
-
4 131
-
unemployment
855
-
1 018
-
social contributions
64
-
76
-
other
729
-
867
-
total
6 598
-
7 852
-
Corporate
5 275
33 000
-
-
income
1 477
9 240
-
-
surtax
-
-
-
-
total
1 477
9 240
-
-
Dividends
3 798
23 760
-
-
surtax
-
-
-
-
social contributions
653
4 086
-
-
withholding
486
3 042
-
-
total
1 139
7 128
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 452
16 368
13 146
13 330
After tax
19 548
16 632
19 854
19 670
Living cost
16 889
16 889
16 889
16 889
Free-cash
2 659
-257
2 965
2 781

Estimated living cost  is ₴16889 per week

₴10649
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.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4580
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
₴1416
₴4638
₴4454
₴4159
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
-
-
-
1 709
other
-
-
-
1 023
surtax
-
-
-
-
social contributions
-
-
-
941
health
-
-
-
285
pensions
-
-
-
9 372
total
-
-
-
13 330
Employee
18 859
-
25 147
-
pensions
2 133
-
2 844
-
surtax
-
-
-
-
social contributions
538
-
717
-
income
972
-
1 733
-
total
3 643
-
5 294
-
Employer
18 859
-
25 147
-
health
1 320
-
1 760
-
pensions
3 099
-
4 131
-
unemployment
763
-
1 018
-
social contributions
56
-
76
-
other
651
-
867
-
total
5 889
-
7 852
-
Corporate
8 251
33 000
-
-
income
2 310
9 240
-
-
surtax
-
-
-
-
total
2 310
9 240
-
-
Dividends
5 941
23 760
-
-
surtax
-
-
-
-
social contributions
1 022
4 086
-
-
withholding
761
3 042
-
-
total
1 783
7 128
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 625
16 368
13 146
13 330
After tax
19 375
16 632
19 854
19 670
Living cost
15 216
15 216
15 216
15 216
Free-cash
4 159
1 416
4 638
4 454

Estimated living cost  is ₴15216 per week

₴8825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
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.
₴4557
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
₴9665
₴9142
₴10724
₴9921
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
social contributions
-
-
-
4 554
health
-
-
-
2 304
total
-
-
-
11 808
Employee
16 738
-
33 000
-
social contributions
2 310
-
4 554
-
income
2 792
-
6 532
-
health
1 168
-
2 304
-
total
6 270
-
13 390
-
Employer
16 738
-
33 000
-
total
-
-
-
-
Corporate
16 262
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%.

813
1 650
-
-
total
813
1 650
-
-
Dividends
15 449
31 350
-
-
social contributions
2 132
4 326
-
-
withholding
2 318
4 703
-
-
health
1 078
2 188
-
-
total
5 528
11 217
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 611
12 867
13 390
11 808
After tax
20 389
20 133
19 610
21 192
Living cost
10 468
10 468
10 468
10 468
Free-cash
9 921
9 665
9 142
10 724

Estimated living cost  is ₴10468 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2575
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
₴1380
-₴5450
₴511
₴484
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
-
-
-
3 208
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
132
health
-
-
-
2 525
pensions
-
-
-
6 105
total
-
-
-
15 095
Employee
24 670
19 673
25 549
-
other
246
197
256
-
unemployment
740
590
766
-
pensions
2 527
2 014
2 616
-
income
2 808
1 451
3 060
-
health
955
762
988
-
total
7 276
5 014
7 686
-
Employer
24 670
19 673
25 549
-
chamber of commerce
98
79
102
-
health
932
744
966
-
pensions
3 096
2 469
3 207
-
accident
320
256
333
-
unemployment
740
590
766
-
surtax
97
97
97
-
payroll
740
590
766
-
other
1 172
934
1 214
-
total
7 195
5 759
7 451
-
Corporate
1 874
7 568
23 675
-
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.

468
1 892
5 919
-
total
468
1 892
5 919
-
Dividends
665
5 676
-
-
withholding
183
1 561
-
-
total
183
1 561
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 122
14 226
21 056
15 095
After tax
17 878
18 774
11 944
17 905
Living cost
17 394
17 394
17 394
17 394
Free-cash
484
1 380
-5 450
511

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4024
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
₴569
-₴4154
-₴961
-₴12589
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
communal

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

-
-
-
1 724
social contributions
-
-
-
4 264
national
-
-
-
9 974
total
-
-
-
15 962
Employee

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

35 311
-
25 560
-
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.

307
-
222
-
communal

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

1 842
-
1 333
-
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.

2 648
-
1 917
-
national
10 856
-
7 041
-
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.

1 659
-
1 202
-
total
17 312
-
11 715
-
Employer

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

35 311
-
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.

2 171
-
1 572
-
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.

3 129
-
2 264
-
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.

459
-
333
-
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.

515
-
373
-
surtax
4 004
-
2 898
-
total
10 278
-
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.

-
7 700
-
-
total
-
7 700
-
-
Income
33 000
33 000
33 000
33 000
Total tax
27 590
14 432
19 155
15 962
After tax
5 410
18 568
13 845
17 038
Living cost
17 999
17 999
17 999
17 999
Free-cash
-12 589
569
-4 154
-961

Estimated living cost  is ₴17999 per week

₴11594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4550
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
₴4444
₴293
₴60
₴409
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
-
-
-
5 212
other
-
-
-
33
unemployment
-
-
-
231
pensions
-
-
-
9 339
total
-
-
-
15 112
Employee
24 573
-
25 023
-
other
24
-
25
-
unemployment
381
-
388
-
pensions
1 155
-
1 176
-
income
5 185
-
5 312
-
total
6 745
-
6 901
-
Employer
24 573
-
25 023
-
pensions
5 799
-
5 906
-
accident
486
-
496
-
unemployment
1 352
-
1 376
-
other
196
-
200
-
total
7 833
-
7 978
-
Corporate
595
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.

89
4 950
-
-
total
89
4 950
-
-
Dividends
506
28 050
-
-
withholding
96
5 778
-
-
total
96
5 778
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 763
10 728
14 879
15 112
After tax
18 237
22 272
18 121
17 888
Living cost
17 828
17 828
17 828
17 828
Free-cash
409
4 444
293
60

Estimated living cost  is ₴17828 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
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.
₴3178
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
-₴6243
-₴4780
-₴5409
-₴8849
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
communal
-
-
-
-
accident
-
-
-
297
income
-
-
-
1 784
surtax
-
-
-
1 746
health
-
-
-
2 475
pensions
-
-
-
5 280
total
-
-
-
11 582
Employee
37 383
-
29 478
-
pensions
2 990
-
2 358
-
surtax
2 291
-
1 806
-
income
3 611
-
1 955
-
health
1 664
-
1 312
-
total
10 556
-
7 431
-
Employer
37 383
-
29 478
-
health
1 140
-
899
-
pensions
2 990
-
2 358
-
accident
336
-
265
-
total
4 466
-
3 522
-
Corporate
-
33 000
-
-
communal
-
2 228
-
-
income
-
4 950
-
-
surtax
-
347
-
-
total
-
7 525
-
-
Dividends
-
25 476
-
-
income
-
1 070
-
-
withholding
-
3 821
-
-
total
-
4 891
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 022
12 416
10 953
11 582
After tax
17 978
20 584
22 047
21 418
Living cost
26 827
26 827
26 827
26 827
Free-cash
-8 849
-6 243
-4 780
-5 409

Estimated living cost  is ₴26827 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
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.
₴4793
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
₴9669
₴6452
₴7174
₴8099
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
-
-
-
5 258
other
-
-
-
-
surtax
-
-
-
425
unemployment
-
-
-
112
health
-
-
-
2 343
pensions
-
-
-
6 600
total
-
-
-
14 738
Employee
16 624
-
27 261
-
other
-
-
-
-
unemployment
1 157
-
1 897
-
pensions
1 109
-
1 818
-
surtax
59
-
371
-
income
2 787
-
4 941
-
health
424
-
695
-
total
5 536
-
9 722
-
Employer
16 624
-
27 261
-
health
756
-
1 240
-
pensions
2 216
-
3 634
-
unemployment
527
-
864
-
other
-
-
-
-
total
3 499
-
5 738
-
Corporate
12 876
33 000
-
-
income
3 348
8 580
-
-
total
3 348
8 580
-
-
Dividends
9 528
24 420
-
-
withholding
1 430
3 663
-
-
total
1 430
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 813
12 243
15 460
14 738
After tax
19 187
20 757
17 540
18 262
Living cost
11 088
11 088
11 088
11 088
Free-cash
8 099
9 669
6 452
7 174

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴4047
₴2613
₴4465
₴2952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
8 487
regional
-
-
-
498
municipal
-
-
-
196
national
-
-
-
6 056
total
-
-
-
15 237
Employee
27 383
-
33 000
-
municipal
145
-
175
-
national
4 338
-
5 343
-
regional
369
-
444
-
social contributions
9 234
-
11 127
-
total
14 086
-
17 089
-
Employer
27 383
-
33 000
-
total
-
-
-
-
Corporate
5 617
33 000
-
-
municipal
279
1 640
-
-
nationa
1 348
7 920
-
-
total
1 627
9 560
-
-
Dividends
3 989
23 440
-
-
withholding
1 037
6 095
-
-
total
1 037
6 095
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 750
15 655
17 089
15 237
After tax
16 250
17 345
15 911
17 763
Living cost
13 298
13 298
13 298
13 298
Free-cash
2 952
4 047
2 613
4 465

Estimated living cost  is ₴13298 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3453
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
₴7605
₴1630
₴957
₴2211
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
-
-
-
2 836
social contributions
-
-
-
9 636
solidarity contribution
-
-
-
-
health
-
-
-
4 455
total
-
-
-
16 927
Employee
22 230
-
24 627
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
1 601
-
income
2 668
-
2 955
-
health
3 001
-
3 325
-
total
7 114
-
7 881
-
Employer
22 230
-
24 627
-
health
2 001
-
2 216
-
social contributions
5 558
-
6 157
-
total
7 559
-
8 373
-
Corporate
3 212
33 000
-
-
income
610
6 270
-
-
total
610
6 270
-
-
Dividends
2 602
26 730
-
-
withholding
390
4 009
-
-
total
390
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 673
10 279
16 254
16 927
After tax
17 327
22 721
16 746
16 073
Living cost
15 116
15 116
15 116
15 116
Free-cash
2 211
7 605
1 630
957

Estimated living cost  is ₴15116 per week

₴11242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2776
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
₴3077
-₴3784
₴2253
₴2836
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
-
-
-
3 208
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
132
health
-
-
-
2 525
pensions
-
-
-
6 105
total
-
-
-
14 998
Employee
21 579
19 673
25 624
-
other
215
197
257
-
unemployment
647
590
769
-
pensions
2 210
2 014
2 624
-
income
1 922
1 451
3 081
-
health
835
762
992
-
total
5 829
5 014
7 723
-
Employer
21 579
19 673
25 624
-
chamber of commerce
86
79
102
-
health
816
744
969
-
pensions
2 708
2 469
3 216
-
accident
280
256
333
-
unemployment
647
590
769
-
surtax
-
-
-
-
payroll
647
590
769
-
other
1 025
934
1 217
-
total
6 209
5 662
7 375
-
Corporate
5 211
7 665
23 751
-
income

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

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

1 303
1 917
5 937
-
total
1 303
1 917
5 937
-
Dividends
3 908
5 749
-
-
withholding
1 074
1 581
-
-
total
1 074
1 581
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 415
14 174
21 035
14 998
After tax
18 585
18 826
11 965
18 002
Living cost
15 749
15 749
15 749
15 749
Free-cash
2 836
3 077
-3 784
2 253

Estimated living cost  is ₴15749 per week

₴9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴4412
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
₴25124
₴20174
₴26444
₴23956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
33 000
microenterprise

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

-
-
-
330
total
-
-
-
330
Employee
7 782
-
33 000
-
income
1 557
-
6 600
-
total
1 557
-
6 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

25 218
33 000
-
-
total
-
-
-
-
Dividends
25 218
33 000
-
-
withholding
1 261
1 650
-
-
total
1 261
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 818
1 650
6 600
330
After tax
30 182
31 350
26 400
32 670
Living cost
6 226
6 226
6 226
6 226
Free-cash
23 956
25 124
20 174
26 444

Estimated living cost  is ₴6226 per week

₴4213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴9480
₴3604
₴4550
₴5351
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
income
-
-
-
5 886
unemployment
-
-
-
50
health
-
-
-
3 247
pensions
-
-
-
6 026
total
-
-
-
15 209
Employee

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

21 829
-
28 554
-
unemployment
31
-
40
-
pensions
3 384
-
4 426
-
income
3 764
-
5 398
-
health
1 410
-
1 845
-
total
8 589
-
11 709
-
Employer

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

21 829
-
28 554
-
health
1 454
-
1 902
-
pensions
1 932
-
2 527
-
unemployment
13
-
17
-
total
3 399
-
4 446
-
Corporate
7 772
33 000
-
-
income
1 476
6 270
-
-
total
1 476
6 270
-
-
Dividends
6 296
26 730
-
-
withholding
944
4 009
-
-
total
944
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 408
10 279
16 155
15 209
After tax
18 592
22 721
16 845
17 791
Living cost
13 241
13 241
13 241
13 241
Free-cash
5 351
9 480
3 604
4 550

Estimated living cost  is ₴13241 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
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.
₴3049
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
-₴1521
₴4817
₴1208
-₴41633
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
30 968
-
-
-
social contributions
2 539
-
362
-
income
6 831
-
-
-
total
9 370
-
362
-
Employer
30 968
-
-
-
social contributions
43 665
-
6 223
-
total
43 665
-
6 223
-
Corporate
-
33 000
-
-
income
-
7 260
-
-
total
-
7 260
-
-
Dividends
-
25 740
-
-
income
-
5 663
-
-
total
-
5 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
53 035
12 923
6 585
10 194
After tax
-20 035
20 077
26 415
22 806
Living cost
21 598
21 598
21 598
21 598
Free-cash
-41 633
-1 521
4 817
1 208

Estimated living cost  is ₴21598 per week

₴14014
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.
₴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.
₴5278
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
₴3287
₴2286
₴3379
₴2790
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
-
-
-
2 670
surtax
-
-
-
-
social contributions

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

-
-
-
11 467
total
-
-
-
14 137
Employee
22 704
-
26 666
-
surtax
-
-
-
-
social contributions
2 497
-
2 933
-
income
4 722
-
5 963
-
total
7 219
-
8 896
-
Employer
22 704
-
26 666
-
social contributions
5 392
-
6 334
-
total
5 392
-
6 334
-
Corporate
4 904
33 000
-
-
income
1 030
6 930
-
-
surtax
-
-
-
-
total
1 030
6 930
-
-
Dividends
3 874
26 070
-
-
withholding
1 085
7 299
-
-
total
1 085
7 299
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 726
14 229
15 230
14 137
After tax
18 274
18 771
17 770
18 863
Living cost
15 484
15 484
15 484
15 484
Free-cash
2 790
3 287
2 286
3 379

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
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.
₴2727
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
-₴7211
-₴3989
-₴4173
-₴7575
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
-
-
-
1 709
other
-
-
-
1 023
surtax
-
-
-
-
social contributions
-
-
-
941
health
-
-
-
285
pensions
-
-
-
9 372
total
-
-
-
13 330
Employee
30 918
-
25 147
-
pensions
3 497
-
2 844
-
surtax
-
-
-
-
social contributions
881
-
717
-
income
2 698
-
1 733
-
total
7 076
-
5 294
-
Employer
30 918
-
25 147
-
health
2 164
-
1 760
-
pensions
5 080
-
4 131
-
unemployment
1 252
-
1 018
-
social contributions
93
-
76
-
other
1 067
-
867
-
total
9 656
-
7 852
-
Corporate
-
33 000
-
-
income
-
9 240
-
-
surtax
-
-
-
-
total
-
9 240
-
-
Dividends
-
23 760
-
-
surtax
-
-
-
-
social contributions
-
4 086
-
-
withholding
-
3 042
-
-
total
-
7 128
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 732
16 368
13 146
13 330
After tax
16 268
16 632
19 854
19 670
Living cost
23 842
23 842
23 842
23 842
Free-cash
-7 575
-7 211
-3 989
-4 173

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5429
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
₴14861
₴11664
₴10738
₴13203
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
-
-
-
163
social contributions
-
-
-
7 260
total
-
-
-
7 423
Employee
15 870
-
28 572
-
income
-
-
212
-
social contributions
1 031
-
1 857
-
total
1 031
-
2 069
-
Employer
15 870
-
28 572
-
social contributions
2 460
-
4 428
-
total
2 460
-
4 428
-
Corporate
14 670
33 000
-
-
income
1 467
3 300
-
-
total
1 467
3 300
-
-
Dividends
13 203
29 700
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
4 958
3 300
6 497
7 423
After tax
28 042
29 700
26 503
25 577
Living cost
14 839
14 839
14 839
14 839
Free-cash
13 203
14 861
11 664
10 738

Estimated living cost  is ₴14839 per week

₴9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3846
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
-₴74505
-₴74505
-₴2643
-₴74505
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
labour market
-
-
-
2 606
municipal
-
-
-
5 595
national
-
-
-
3 251
pensions
-
-
-
428
total
-
-
-
11 880
Employee
100 298
100 298
100 298
-
municipal
21 358
21 358
21 358
-
labour market
8 012
8 012
8 012
-
pensions
143
143
143
-
national
12 253
12 253
12 253
-
total
41 766
41 766
41 766
-
Employer
100 298
100 298
100 298
-
national
12 275
12 275
12 275
-
labour market
8 024
8 024
8 024
-
pensions
285
285
285
-
municipal
21 392
21 392
21 392
-
total
41 976
41 976
41 976
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
83 742
83 742
83 742
11 880
After tax
-50 742
-50 742
-50 742
21 120
Living cost
23 763
23 763
23 763
23 763
Free-cash
-74 505
-74 505
-74 505
-2 643

Estimated living cost  is ₴23763 per week

₴16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5032
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
-₴8159
₴6259
₴11926
₴1011
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
-
-
-
126
income
-
-
-
6 762
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
10 242
Employee
17 040
-
27 413
-
pensions
1 919
-
3 087
-
income
2 338
-
4 096
-
health
1 951
-
3 139
-
total
6 208
-
10 322
-
Employer
17 040
-
27 413
-
pensions
2 771
-
4 457
-
accident
285
-
458
-
unemployment
418
-
672
-
total
3 474
-
5 587
-
Corporate
12 487
33 000
-
-
income

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

11 238
29 700
-
-
total
11 238
29 700
-
-
Dividends
1 249
3 300
-
-
withholding
237
627
-
-
total
237
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
21 157
30 327
15 909
10 242
After tax
11 843
2 673
17 091
22 758
Living cost
10 832
10 832
10 832
10 832
Free-cash
1 011
-8 159
6 259
11 926

Estimated living cost  is ₴10832 per week

₴7885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2127
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
₴3685
₴1169
₴5990
₴1472
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
health
-
-
-
303
municipal
-
-
-
5 886
national
-
-
-
1 869
total
-
-
-
8 058
Employee
25 972
-
27 761
-
municipal
4 254
-
4 544
-
unemployment
390
-
417
-
pensions
1 753
-
1 874
-
national
429
-
584
-
health
194
-
221
-
total
7 020
-
7 640
-
Employer
25 972
-
27 761
-
health
200
-
214
-
pensions
4 506
-
4 816
-
accident
26
-
28
-
unemployment
169
-
181
-
total
4 901
-
5 239
-
Corporate
2 128
33 000
-
-
income
425
6 600
-
-
total
425
6 600
-
-
Dividends

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

1 277
19 800
-
-
municipal
230
3 564
-
-
national
-
199
-
-
total
230
3 763
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 576
10 363
12 879
8 058
After tax
20 424
22 637
20 121
24 942
Living cost
18 952
18 952
18 952
18 952
Free-cash
1 472
3 685
1 169
5 990

Estimated living cost  is ₴18952 per week

₴12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4449
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
₴10409
₴11780
₴13795
₴10135
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
-
-
-
1 787
social contributions
-
-
-
5 148
health
-
-
-
841
total
-
-
-
7 776
Employee
37 959
37 959
37 959
-
social contributions
1 435
3 150
2 486
-
income
4 133
3 514
3 754
-
health
294
645
510
-
total
5 862
7 309
6 750
-
Employer
37 959
37 959
37 959
-
health
319
703
555
-
social contributions
1 435
3 150
2 486
-
total
1 754
3 853
3 041
-
Corporate
13 954
-
-
-
income
1 744
-
-
-
total
1 744
-
-
-
Dividends
12 209
-
-
-
withholding
2 076
-
-
-
total
2 076
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 436
11 162
9 791
7 776
After tax
21 564
21 838
23 209
25 224
Living cost
11 429
11 429
11 429
11 429
Free-cash
10 135
10 409
11 780
13 795

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
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.
₴3206
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
₴19489
₴12573
₴17310
₴16979
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
income
-
-
-
2 912
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
7 852
Employee

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

11 331
-
29 918
-
unemployment
56
-
150
-
pensions
1 699
-
4 488
-
income
775
-
2 326
-
health
963
-
2 543
-
total
3 493
-
9 507
-
Employer

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

11 331
-
29 918
-
health
487
-
1 286
-
pensions
623
-
1 646
-
unemployment
56
-
150
-
total
1 166
-
3 082
-
Corporate
20 503
33 000
-
-
income
1 845
2 970
-
-
total
1 845
2 970
-
-
Dividends
18 657
30 030
-
-
withholding
1 679
2 703
-
-
total
1 679
2 703
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 183
5 673
12 589
7 852
After tax
24 817
27 327
20 411
25 148
Living cost
7 838
7 838
7 838
7 838
Free-cash
16 979
19 489
12 573
17 310

Estimated living cost  is ₴7838 per week

₴5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2038
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
₴8697
₴4546
₴4313
₴6107
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
-
-
-
5 212
other
-
-
-
33
unemployment
-
-
-
231
pensions
-
-
-
9 339
total
-
-
-
15 112
Employee
18 253
-
25 023
-
other
18
-
25
-
unemployment
283
-
388
-
pensions
858
-
1 176
-
income
3 519
-
5 312
-
total
4 678
-
6 901
-
Employer
18 253
-
25 023
-
pensions
4 307
-
5 906
-
accident
362
-
496
-
unemployment
1 004
-
1 376
-
other
146
-
200
-
total
5 819
-
7 978
-
Corporate
8 928
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.

1 340
4 950
-
-
total
1 340
4 950
-
-
Dividends
7 588
28 050
-
-
withholding
1 481
5 778
-
-
total
1 481
5 778
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 318
10 728
14 879
15 112
After tax
19 682
22 272
18 121
17 888
Living cost
13 575
13 575
13 575
13 575
Free-cash
6 107
8 697
4 546
4 313

Estimated living cost  is ₴13575 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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 Valencia model

Close
Istanbul , Turkey
₴19631
₴19856
₴19925
₴19474
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
-
-
-
10 905
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
12 114
Employee
1 464
-
32 211
-
unemployment
15
-
35
-
pensions
132
-
316
-
income
283
-
10 868
-
health
73
-
175
-
total
503
-
11 394
-
Employer
1 464
-
32 211
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
31 206
33 000
-
-
income
6 865
7 260
-
-
total
6 865
7 260
-
-
Dividends
24 341
25 740
-
-
withholding
4 868
5 148
-
-
total
4 868
5 148
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 565
12 408
12 183
12 114
After tax
20 435
20 592
20 817
20 886
Living cost
961
961
961
961
Free-cash
19 474
19 631
19 856
19 925

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
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
₴15306
₴9028
₴7661
₴12877
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
income
-
-
-
4 328
unemployment
-
-
-
495
health
-
-
-
3 399
pensions
-
-
-
8 580
total
-
-
-
16 802
Employee

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

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

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

12 873
-
27 990
-
unemployment
97
-
210
-
pensions
1 802
-
3 919
-
income
1 774
-
4 855
-
health
663
-
1 441
-
total
4 336
-
10 425
-
Employer

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

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

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

12 873
-
27 990
-
health
663
-
1 441
-
pensions
1 545
-
3 359
-
unemployment
97
-
210
-
total
2 305
-
5 010
-
Corporate
17 823
33 000
-
-
income
2 673
4 950
-
-
total
2 673
4 950
-
-
Dividends
15 149
28 050
-
-
withholding
2 272
4 207
-
-
total
2 272
4 207
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 586
9 157
15 435
16 802
After tax
21 414
23 843
17 565
16 198
Living cost
8 537
8 537
8 537
8 537
Free-cash
12 877
15 306
9 028
7 661

Estimated living cost  is ₴8537 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1882
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
₴5463
₴4462
₴5555
₴5284
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
-
-
-
2 670
surtax
-
-
-
-
social contributions

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

-
-
-
11 467
total
-
-
-
14 137
Employee
19 160
-
26 666
-
surtax
-
-
-
-
social contributions
2 108
-
2 933
-
income
3 744
-
5 963
-
total
5 852
-
8 896
-
Employer
19 160
-
26 666
-
social contributions
4 550
-
6 334
-
total
4 550
-
6 334
-
Corporate
9 290
33 000
-
-
income
1 951
6 930
-
-
surtax
-
-
-
-
total
1 951
6 930
-
-
Dividends
7 339
26 070
-
-
withholding
2 055
7 299
-
-
total
2 055
7 299
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 408
14 229
15 230
14 137
After tax
18 592
18 771
17 770
18 863
Living cost
13 308
13 308
13 308
13 308
Free-cash
5 284
5 463
4 462
5 555

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2722
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
₴4923
₴772
₴539
₴1074
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
-
-
-
5 212
other
-
-
-
33
unemployment
-
-
-
231
pensions
-
-
-
9 339
total
-
-
-
15 112
Employee
23 841
-
25 023
-
other
23
-
25
-
unemployment
369
-
388
-
pensions
1 120
-
1 176
-
income
4 979
-
5 312
-
total
6 491
-
6 901
-
Employer
23 841
-
25 023
-
pensions
5 626
-
5 906
-
accident
472
-
496
-
unemployment
1 312
-
1 376
-
other
191
-
200
-
total
7 601
-
7 978
-
Corporate
1 558
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.

233
4 950
-
-
total
233
4 950
-
-
Dividends
1 325
28 050
-
-
withholding
252
5 778
-
-
total
252
5 778
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 577
10 728
14 879
15 112
After tax
18 423
22 272
18 121
17 888
Living cost
17 349
17 349
17 349
17 349
Free-cash
1 074
4 923
772
539

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
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.
₴3297
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
₴19711
₴15647
₴14936
₴16697
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
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
9 560
Employee
11 260
-
29 612
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
2 961
-
health
518
-
794
-
total
2 757
-
5 461
-
Employer
11 260
-
29 612
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
19 531
33 000
-
-
income
1 953
3 300
-
-
total
1 953
3 300
-
-
Dividends
17 578
29 700
-
-
withholding
879
1 485
-
-
total
879
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 799
4 785
8 849
9 560
After tax
25 201
28 215
24 151
23 440
Living cost
8 504
8 504
8 504
8 504
Free-cash
16 697
19 711
15 647
14 936

Estimated living cost  is ₴8504 per week

₴5624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2190
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
-₴1986
₴5809
₴4367
₴4473
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
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.

-
-
-
4 513
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.

-
-
-
248
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.

-
-
-
3 372
trade
-
-
-
1 442
total
-
-
-
9 575
Employee

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

24 562
-
33 000
-
surtax

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

111
-
248
-
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.

2 020
-
4 513
-
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.

3 372
-
3 372
-
total
5 503
-
8 133
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 438
33 000
-
-
income
1 266
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.

69
273
-
-
chamber of commerce
87
124
-
-
trade
1 211
4 735
-
-
total
2 633
10 082
-
-
Dividends
5 805
22 918
-
-
surtax

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

69
304
-
-
withholding
1 264
5 542
-
-
total
1 333
5 846
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 469
15 928
8 133
9 575
After tax
23 531
17 072
24 867
23 425
Living cost
19 058
19 058
19 058
19 058
Free-cash
4 473
-1 986
5 809
4 367

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3584
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
-₴5020
-₴2764
-₴2764
-₴5614
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
-
-
-
5 054
social contributions
-
-
-
2 590
total
-
-
-
7 644
Employee
38 614
-
33 000
-
income
7 286
-
5 054
-
social contributions
3 208
-
2 590
-
total
10 494
-
7 644
-
Employer
38 614
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
income
-
4 125
-
-
total
-
4 125
-
-
Dividends
-
28 875
-
-
withholding
-
5 775
-
-
total
-
5 775
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 494
9 900
7 644
7 644
After tax
22 506
23 100
25 356
25 356
Living cost
28 120
28 120
28 120
28 120
Free-cash
-5 614
-5 020
-2 764
-2 764

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4167
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
₴922
₴6060
-₴1955
₴3781
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
-
-
-
14 052
health

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

-
-
-
2 983
total
-
-
-
17 035
Employee
22 646
-
30 729
-
income
2 457
-
4 478
-
social contributions
2 269
-
2 271
-
total
4 726
-
6 749
-
Employer
22 646
-
30 729
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
8 085
33 000
-
-
income
2 830
11 550
-
-
total
2 830
11 550
-
-
Dividends
5 255
21 450
-
-
social contributions
1 474
2 608
-
-
total
1 474
2 608
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 299
14 158
9 020
17 035
After tax
21 701
18 842
23 980
15 965
Living cost
17 920
17 920
17 920
17 920
Free-cash
3 781
922
6 060
-1 955

Estimated living cost  is ₴17920 per week

₴11804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴6499
₴2958
₴6454
₴3731
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
-
-
-
6 170
pensions
-
-
-
2 150
total
-
-
-
8 320
Employee
25 018
-
29 322
-
pensions
1 909
-
2 426
-
income
4 556
-
5 296
-
health
326
-
415
-
total
6 791
-
8 137
-
Employer
25 018
-
29 322
-
health
475
-
558
-
pensions
2 528
-
3 121
-
total
3 003
-
3 679
-
Corporate
4 979
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.

946
6 270
-
-
total
946
6 270
-
-
Dividends
4 034
26 730
-
-
withholding
303
2 005
-
-
total
303
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 043
8 275
11 816
8 320
After tax
21 957
24 725
21 184
24 680
Living cost
18 226
18 226
18 226
18 226
Free-cash
3 731
6 499
2 958
6 454

Estimated living cost  is ₴18226 per week

₴12503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3818
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
-₴9232
₴5186
₴10853
₴846
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
-
-
-
126
income
-
-
-
6 762
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
10 242
Employee
18 727
-
27 413
-
pensions
2 109
-
3 087
-
income
2 569
-
4 096
-
health
2 144
-
3 139
-
total
6 822
-
10 322
-
Employer
18 727
-
27 413
-
pensions
3 045
-
4 457
-
accident
313
-
458
-
unemployment
459
-
672
-
total
3 817
-
5 587
-
Corporate
10 457
33 000
-
-
income

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

9 411
29 700
-
-
total
9 411
29 700
-
-
Dividends
1 046
3 300
-
-
withholding
199
627
-
-
total
199
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 249
30 327
15 909
10 242
After tax
12 751
2 673
17 091
22 758
Living cost
11 905
11 905
11 905
11 905
Free-cash
846
-9 232
5 186
10 853

Estimated living cost  is ₴11905 per week

₴8737
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.
₴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.
₴2234
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

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Skopje , Macedonia
₴21380
₴12630
₴12630
₴18979
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
income
-
-
-
4 625
unemployment
-
-
-
396
work injury
-
-
-
165
health insurance
-
-
-
2 442
pensions
-
-
-
6 072
total
-
-
-
13 700
Employee

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

10 671
-
33 000
-
health insurance
790
-
2 442
-
unemployment
128
-
396
-
work injury
53
-
165
-
pensions
1 964
-
6 072
-
income
1 067
-
4 625
-
total
4 002
-
13 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 329
33 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
22 329
33 000
-
-
withholding
3 349
4 950
-
-
total
3 349
4 950
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 351
4 950
13 700
13 700
After tax
25 649
28 050
19 300
19 300
Living cost
6 670
6 670
6 670
6 670
Free-cash
18 979
21 380
12 630
12 630

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
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.
₴1845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₴2284
-₴3790
-₴1959
-₴8599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
8 487
regional
-
-
-
529
municipal
-
-
-
221
national
-
-
-
6 056
total
-
-
-
15 293
Employee
41 598
-
33 000
-
municipal
248
-
197
-
national
7 030
-
5 343
-
regional
628
-
457
-
social contributions
14 027
-
11 127
-
total
21 933
-
17 124
-
Employer
41 598
-
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
21 933
15 618
17 124
15 293
After tax
11 067
17 382
15 876
17 707
Living cost
19 666
19 666
19 666
19 666
Free-cash
-8 599
-2 284
-3 790
-1 959

Estimated living cost  is ₴19666 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
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.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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