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
₴9361
₴1110
₴7942
₴6817
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
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.

-
-
-
3 525
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.

-
-
-
4 251
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.

-
-
-
234
trade
-
-
-
1 419
total
-
-
-
9 429
Employee

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

19 736
-
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.

30
-
234
-
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.

551
-
4 251
-
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.

3 525
-
3 525
-
total
4 106
-
8 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 264
33 000
-
-
chamber of commerce
97
125
-
-
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.

110
272
-
-
trade
2 090
5 198
-
-
income
1 990
4 950
-
-
total
4 287
10 545
-
-
Dividends
8 979
22 455
-
-
surtax

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

113
298
-
-
withholding
2 048
5 418
-
-
total
2 161
5 716
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 554
16 261
8 010
9 429
After tax
22 446
16 739
24 990
23 571
Living cost
15 629
15 629
15 629
15 629
Free-cash
6 817
1 110
9 361
7 942

Estimated living cost  is ₴15629 per week

₴9831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴3684
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
-₴6409
-₴6658
-₴6668
-₴13076
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
pensions
-
-
-
3 960
national
-
-
-
4 925
municipal
-
-
-
3 178
total
-
-
-
12 418
Employee
42 242
-
28 528
-
municipal
5 218
-
3 306
-
national
8 085
-
5 123
-
pensions
1 690
-
1 141
-
total
14 993
-
9 570
-
Employer
42 242
-
28 528
-
pensions
3 379
-
2 282
-
social contributions
454
-
307
-
total
3 833
-
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
18 826
12 408
12 159
12 418
After tax
14 174
20 592
20 841
20 582
Living cost
27 250
27 250
27 250
27 250
Free-cash
-13 076
-6 658
-6 409
-6 668

Estimated living cost  is ₴27250 per week

₴18521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴408
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.
₴5787
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
₴8077
₴15665
₴15691
₴11432
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
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.

-
-
-
1 624
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
4 950
total
-
-
-
6 574
Employee
15 077
-
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.

1 659
-
2 925
-
income
2 684
-
4 857
-
total
4 343
-
7 782
-
Employer
15 077
-
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.

3 632
-
6 406
-
total
3 632
-
6 406
-
Corporate
14 291
33 000
-
-
income

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

2 858
6 600
-
-
total
2 858
6 600
-
-
Dividends

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

11 432
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 833
6 600
14 188
6 574
After tax
22 167
26 400
18 812
26 426
Living cost
10 735
10 735
10 735
10 735
Free-cash
11 432
15 665
8 077
15 691

Estimated living cost  is ₴10735 per week

₴6848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴2620
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
-₴18238
-₴15343
-₴2781
-₴18238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
5 065
income
-
-
-
3 159
pensions
-
-
-
5 941
total
-
-
-
14 165
Employee
44 063
44 063
44 063
-
income

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

7 212
7 212
7 212
-
pensions
7 931
6 046
7 931
-
health
6 763
5 753
6 763
-
total
21 906
19 011
21 906
-
Employer
44 063
44 063
44 063
-
unemployment
1 586
1 586
1 586
-
health
3 063
3 063
3 063
-
pensions
3 067
3 067
3 067
-
total
7 716
7 716
7 716
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
29 622
26 727
29 622
14 165
After tax
3 378
6 273
3 378
18 835
Living cost
21 616
21 616
21 616
21 616
Free-cash
-18 238
-15 343
-18 238
-2 781

Estimated living cost  is ₴21616 per week

₴15318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4005
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
-₴3821
-₴3426
-₴4994
-₴7157
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
-
-
-
3 835
health
-
-
-
2 059
accident
-
-
-
66
pensions
-
-
-
3 567
national
-
-
-
-
unemployment
-
-
-
33
municipal
-
-
-
6 990
total
-
-
-
16 550
Employee
30 556
-
25 110
-
municipal
9 112
-
7 488
-
national
-
-
-
-
total
9 112
-
7 488
-
Employer
30 556
-
25 110
-
other
3 551
-
2 918
-
unemployment
807
-
663
-
health
1 879
-
1 544
-
accident
61
-
50
-
pensions
3 303
-
2 714
-
total
9 601
-
7 889
-
Corporate
-
33 000
-
-
income
-
7 260
-
-
total
-
7 260
-
-
Dividends
-
25 740
-
-
withholding
-
7 722
-
-
total
-
7 722
-
-
Income
33 000
33 000
33 000
33 000
Total tax
18 713
14 982
15 377
16 550
After tax
14 287
18 018
17 623
16 450
Living cost
21 444
21 444
21 444
21 444
Free-cash
-7 157
-3 426
-3 821
-4 994

Estimated living cost  is ₴21444 per week

₴14212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
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.
₴4802
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
₴4720
-₴3701
₴3238
₴3549
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
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.

-
-
-
3 525
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.

-
-
-
4 251
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.

-
-
-
234
trade
-
-
-
1 482
total
-
-
-
9 492
Employee

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

26 167
-
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.

123
-
234
-
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.

2 248
-
4 251
-
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.

3 525
-
3 525
-
total
5 896
-
8 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 833
33 000
-
-
chamber of commerce
88
125
-
-
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.

57
272
-
-
trade
1 124
5 429
-
-
income
1 025
4 950
-
-
total
2 294
10 776
-
-
Dividends
4 539
22 224
-
-
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.

52
295
-
-
withholding
939
5 360
-
-
total
991
5 655
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 181
16 431
8 010
9 492
After tax
23 819
16 569
24 990
23 508
Living cost
20 270
20 270
20 270
20 270
Free-cash
3 549
-3 701
4 720
3 238

Estimated living cost  is ₴20270 per week

₴13557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4273
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
₴6265
₴4596
₴8692
₴5386
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
-
-
-
5 148
health
-
-
-
841
income
-
-
-
1 583
total
-
-
-
7 572
Employee
39 677
39 677
39 677
-
social contributions
1 928
3 293
2 486
-
income
4 166
3 673
3 964
-
health
395
675
509
-
total
6 489
7 641
6 959
-
Employer
39 677
39 677
39 677
-
health
430
734
554
-
social contributions
1 928
3 293
2 486
-
total
2 358
4 027
3 040
-
Corporate
7 417
-
-
-
income
927
-
-
-
total
927
-
-
-
Dividends
6 490
-
-
-
withholding
1 104
-
-
-
total
1 104
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 878
11 668
9 999
7 572
After tax
22 122
21 332
23 001
25 428
Living cost
16 736
16 736
16 736
16 736
Free-cash
5 386
4 596
6 265
8 692

Estimated living cost  is ₴16736 per week

₴11441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1307
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.
₴3707
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
₴9608
₴9140
₴13339
₴9339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
2 310
income
-
-
-
4 034
pensions
-
-
-
3 300
unemployment
-
-
-
495
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.

13 745
5 470
27 615
-
income
1 680
669
3 376
-
pensions
1 374
547
2 762
-
health
962
383
1 933
-
unemployment
206
82
414
-
total
4 222
1 681
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.

13 745
5 470
27 615
-
pensions
2 680
1 067
5 385
-
total
2 680
1 067
5 385
-
Corporate
16 575
26 463
-
-
income
1 492
2 382
-
-
total
1 492
2 382
-
-
Dividends
15 083
24 082
-
-
social contributions
2 879
4 633
-
-
withholding
2 866
4 575
-
-
total
5 745
9 208
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 139
14 338
13 870
10 139
After tax
18 861
18 662
19 130
22 861
Living cost
9 522
9 522
9 522
9 522
Free-cash
9 339
9 140
9 608
13 339

Estimated living cost  is ₴9522 per week

₴6498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
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.
₴2055
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
₴6658
₴13937
₴5510
₴10730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
4 290
income
-
-
-
4 137
pensions
-
-
-
6 600
total
-
-
-
15 027
Employee
14 638
-
24 662
-
income
1 648
-
4 655
-
pensions
293
-
494
-
unemployment
234
-
395
-
total
2 175
-
5 544
-
Employer
14 638
-
24 662
-
unemployment
118
-
197
-
health
1 903
-
3 206
-
pensions
2 928
-
4 932
-
total
4 949
-
8 335
-
Corporate
13 414
33 000
-
-
income
2 683
6 600
-
-
total
2 683
6 600
-
-
Dividends
10 731
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 807
6 600
13 879
15 027
After tax
23 193
26 400
19 121
17 973
Living cost
12 463
12 463
12 463
12 463
Free-cash
10 730
13 937
6 658
5 510

Estimated living cost  is ₴12463 per week

₴8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴742
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.
₴2922
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
₴5730
-₴8806
₴11292
₴913
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
-
-
-
193
health
-
-
-
1 138
accident
-
-
-
132
income
-
-
-
6 595
pensions
-
-
-
2 171
total
-
-
-
10 229
Employee
18 057
-
27 413
-
income
2 477
-
3 978
-
pensions
2 033
-
3 087
-
health
2 068
-
3 139
-
total
6 578
-
10 204
-
Employer
18 057
-
27 413
-
unemployment
442
-
672
-
accident
301
-
458
-
pensions
2 936
-
4 457
-
total
3 679
-
5 587
-
Corporate
11 263
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.

10 137
29 700
-
-
total
10 137
29 700
-
-
Dividends
1 126
3 300
-
-
withholding
214
627
-
-
total
214
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 608
30 327
15 791
10 229
After tax
12 392
2 673
17 209
22 771
Living cost
11 479
11 479
11 479
11 479
Free-cash
913
-8 806
5 730
11 292

Estimated living cost  is ₴11479 per week

₴8413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
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.
₴2191
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
₴22175
₴27125
₴28445
₴26333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
microenterprise

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

-
-
-
330
total
-
-
-
330
Employee
5 281
-
33 000
-
income
1 056
-
6 600
-
total
1 056
-
6 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

27 719
33 000
-
-
total
-
-
-
-
Dividends
27 719
33 000
-
-
withholding
1 386
1 650
-
-
total
1 386
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 442
1 650
6 600
330
After tax
30 558
31 350
26 400
32 670
Living cost
4 225
4 225
4 225
4 225
Free-cash
26 333
27 125
22 175
28 445

Estimated living cost  is ₴4225 per week

₴2618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
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.
₴1139
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
₴5594
₴10496
₴4119
₴7013
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
-
-
-
1 568
health
-
-
-
1 452
income
-
-
-
4 192
pensions

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

-
-
-
7 920
total
-
-
-
15 132
Employee
18 735
-
26 357
-
income
3 225
-
4 537
-
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.

1 311
-
1 846
-
health
262
-
369
-
unemployment
187
-
263
-
total
4 985
-
7 015
-
Employer
18 735
-
26 357
-
other
937
-
1 318
-
unemployment
187
-
263
-
health
262
-
369
-
accident
150
-
211
-
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.

3 185
-
4 481
-
total
4 721
-
6 642
-
Corporate
9 543
33 000
-
-
income
2 004
6 930
-
-
total
2 004
6 930
-
-
Dividends
7 539
26 070
-
-
withholding
528
1 825
-
-
total
528
1 825
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 238
8 755
13 657
15 132
After tax
20 762
24 245
19 343
17 868
Living cost
13 749
13 749
13 749
13 749
Free-cash
7 013
10 496
5 594
4 119

Estimated living cost  is ₴13749 per week

₴9715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
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.
₴2885
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
-₴13132
-₴9667
-₴9681
-₴22328
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
-
-
-
6 178
pensions
-
-
-
2 111
total
-
-
-
8 289
Employee
48 659
-
29 360
-
income
8 771
-
5 315
-
health
802
-
407
-
pensions
4 694
-
2 378
-
total
14 267
-
8 100
-
Employer
48 659
-
29 360
-
health
924
-
558
-
pensions
5 745
-
3 082
-
total
6 669
-
3 640
-
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
20 936
8 275
11 740
8 289
After tax
12 064
24 725
21 260
24 711
Living cost
34 392
34 392
34 392
34 392
Free-cash
-22 328
-9 667
-13 132
-9 681

Estimated living cost  is ₴34392 per week

₴25770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴17328
₴21550
₴16644
₴19189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
2 042
income
-
-
-
4 950
pensions

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

-
-
-
2 628
unemployment
-
-
-
71
total
-
-
-
9 691
Employee
8 825
-
29 516
-
income
882
-
2 952
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

775
-
1 559
-
health
406
-
817
-
total
2 160
-
5 523
-
Employer
8 825
-
29 516
-
unemployment
53
-
107
-
health
609
-
1 225
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

973
-
1 957
-
total
1 732
-
3 484
-
Corporate
22 443
33 000
-
-
income
2 244
3 300
-
-
total
2 244
3 300
-
-
Dividends
20 199
29 700
-
-
withholding
1 010
1 485
-
-
total
1 010
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 146
4 785
9 007
9 691
After tax
25 854
28 215
23 993
23 309
Living cost
6 665
6 665
6 665
6 665
Free-cash
19 189
21 550
17 328
16 644

Estimated living cost  is ₴6665 per week

₴3891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2121
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
-₴25234
-₴22339
-₴9777
-₴23213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
5 065
income
-
-
-
3 159
pensions
-
-
-
5 941
total
-
-
-
14 165
Employee
47 839
44 063
44 063
-
income

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

7 212
7 212
7 212
-
pensions
6 046
6 046
7 931
-
health
5 968
5 753
6 763
-
total
19 226
19 011
21 906
-
Employer
47 839
44 063
44 063
-
unemployment
1 722
1 586
1 586
-
health
3 324
3 063
3 063
-
pensions
3 329
3 067
3 067
-
total
8 375
7 716
7 716
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
27 601
26 727
29 622
14 165
After tax
5 399
6 273
3 378
18 835
Living cost
28 612
28 612
28 612
28 612
Free-cash
-23 213
-22 339
-25 234
-9 777

Estimated living cost  is ₴28612 per week

₴21106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4623
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
₴3995
₴9970
₴3322
₴5420
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
-
-
-
9 636
health
-
-
-
4 455
income
-
-
-
2 836
solidarity contribution
-
-
-
-
total
-
-
-
16 927
Employee
18 752
-
24 627
-
social contributions
1 219
-
1 601
-
solidarity contribution
-
-
-
-
income
2 250
-
2 955
-
health
2 531
-
3 325
-
total
6 000
-
7 881
-
Employer
18 752
-
24 627
-
health
1 688
-
2 216
-
social contributions
4 688
-
6 157
-
total
6 376
-
8 373
-
Corporate
7 873
33 000
-
-
income
1 496
6 270
-
-
total
1 496
6 270
-
-
Dividends
6 377
26 730
-
-
withholding
957
4 009
-
-
total
957
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 829
10 279
16 254
16 927
After tax
18 171
22 721
16 746
16 073
Living cost
12 751
12 751
12 751
12 751
Free-cash
5 420
9 970
3 995
3 322

Estimated living cost  is ₴12751 per week

₴8857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴907
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.
₴2736
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
-₴5687
-₴4167
-₴3824
-₴12858
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
-
-
-
8 488
national
-
-
-
6 031
regional
-
-
-
336
municipal
-
-
-
196
total
-
-
-
15 051
Employee
45 858
-
33 000
-
social contributions
15 463
-
11 127
-
municipal
243
-
175
-
national
7 946
-
5 318
-
regional
433
-
294
-
total
24 085
-
16 914
-
Employer
45 858
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
nationa
-
7 920
-
-
municipal
-
1 287
-
-
total
-
9 207
-
-
Dividends
-
23 794
-
-
withholding
-
6 187
-
-
total
-
6 187
-
-
Income
33 000
33 000
33 000
33 000
Total tax
24 085
15 394
16 914
15 051
After tax
8 915
17 606
16 086
17 949
Living cost
21 773
21 773
21 773
21 773
Free-cash
-12 858
-4 167
-5 687
-3 824

Estimated living cost  is ₴21773 per week

₴15177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴334
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.
₴4833
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
₴6263
₴9371
₴6983
₴7764
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
-
-
-
-
health
-
-
-
2 343
income
-
-
-
5 180
pensions
-
-
-
6 600
surtax
-
-
-
390
unemployment
-
-
-
118
total
-
-
-
14 631
Employee
17 063
-
27 261
-
surtax
56
-
336
-
income
2 860
-
4 864
-
other
-
-
-
-
pensions
1 138
-
1 818
-
health
436
-
695
-
unemployment
1 188
-
1 898
-
total
5 678
-
9 611
-
Employer
17 063
-
27 261
-
other
-
-
-
-
unemployment
541
-
865
-
health
776
-
1 241
-
pensions
2 275
-
3 634
-
total
3 592
-
5 740
-
Corporate
12 345
33 000
-
-
income
3 210
8 580
-
-
total
3 210
8 580
-
-
Dividends
9 135
24 420
-
-
withholding
1 370
3 663
-
-
total
1 370
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 850
12 243
15 351
14 631
After tax
19 150
20 757
17 649
18 369
Living cost
11 386
11 386
11 386
11 386
Free-cash
7 764
9 371
6 263
6 983

Estimated living cost  is ₴11386 per week

₴6962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1051
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.
₴3111
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
-₴2236
₴1229
₴1215
-₴3759
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
-
-
-
6 178
pensions
-
-
-
2 111
total
-
-
-
8 289
Employee
32 610
-
29 360
-
income
5 873
-
5 315
-
health
473
-
407
-
pensions
2 768
-
2 378
-
total
9 114
-
8 100
-
Employer
32 610
-
29 360
-
health
619
-
558
-
pensions
3 530
-
3 082
-
total
4 149
-
3 640
-
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
13 263
8 275
11 740
8 289
After tax
19 737
24 725
21 260
24 711
Living cost
23 496
23 496
23 496
23 496
Free-cash
-3 759
1 229
-2 236
1 215

Estimated living cost  is ₴23496 per week

₴17603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3886
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
-₴15472
-₴26652
-₴13792
-₴20503
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
health
-
-
-
136
pensions
-
-
-
3 036
city
-
-
-
347
national
-
-
-
105
regional
-
-
-
765
total
-
-
-
5 049
Employee
48 850
-
29 537
-
national
231
-
86
-
city
524
-
317
-
pensions
4 104
-
2 481
-
health
110
-
66
-
regional
1 600
-
641
-
unemployment
-
-
-
-
total
6 569
-
3 591
-
Employer
48 850
-
29 537
-
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.

977
-
591
-
unemployment
-
-
-
-
health
110
-
66
-
pensions
4 104
-
2 481
-
total
5 191
-
3 138
-
Corporate
-
33 000
-
-
regional
-
6 979
-
-
national
-
2 805
-
-
total
-
9 784
-
-
Dividends
-
23 216
-
-
withholding
-
8 125
-
-
total
-
8 125
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 760
17 909
6 729
5 049
After tax
21 240
15 091
26 271
27 951
Living cost
41 743
41 743
41 743
41 743
Free-cash
-20 503
-26 652
-15 472
-13 792

Estimated living cost  is ₴41743 per week

₴27145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴512
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.
₴10339
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
₴1352
-₴7238
-₴193
₴1127
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
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.

-
-
-
3 525
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.

-
-
-
4 251
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.

-
-
-
234
trade
-
-
-
1 545
total
-
-
-
9 555
Employee

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

31 010
-
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.

201
-
234
-
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.

3 646
-
4 251
-
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.

3 525
-
3 525
-
total
7 372
-
8 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 990
33 000
-
-
chamber of commerce
81
124
-
-
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.

17
272
-
-
trade
342
5 660
-
-
income
299
4 950
-
-
total
739
11 006
-
-
Dividends
1 252
21 994
-
-
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.

7
292
-
-
withholding
117
5 302
-
-
total
124
5 594
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 235
16 600
8 010
9 555
After tax
24 765
16 400
24 990
23 445
Living cost
23 638
23 638
23 638
23 638
Free-cash
1 127
-7 238
1 352
-193

Estimated living cost  is ₴23638 per week

₴17264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1891
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.
₴4176
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
₴2257
-₴1021
₴2046
₴2025
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
-
-
-
1 023
social contributions
-
-
-
941
health
-
-
-
285
income
-
-
-
1 645
pensions
-
-
-
9 406
surtax
-
-
-
-
total
-
-
-
13 300
Employee
22 084
-
25 146
-
surtax
-
-
-
-
social contributions
630
-
717
-
income
1 303
-
1 673
-
pensions
2 497
-
2 845
-
total
4 430
-
5 235
-
Employer
22 084
-
25 146
-
other
762
-
868
-
unemployment
894
-
1 018
-
health
1 546
-
1 761
-
pensions
3 628
-
4 132
-
social contributions
67
-
75
-
total
6 897
-
7 854
-
Corporate
4 020
33 000
-
-
surtax
-
-
-
-
income
1 126
9 240
-
-
total
1 126
9 240
-
-
Dividends
2 894
23 760
-
-
social contributions
498
4 086
-
-
surtax
-
-
-
-
withholding
370
3 041
-
-
total
868
7 127
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 321
16 367
13 089
13 300
After tax
19 679
16 633
19 911
19 700
Living cost
17 654
17 654
17 654
17 654
Free-cash
2 025
-1 021
2 257
2 046

Estimated living cost  is ₴17654 per week

₴11131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴4006
₴728
₴3795
₴3594
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
-
-
-
1 023
social contributions
-
-
-
941
health
-
-
-
285
income
-
-
-
1 645
pensions
-
-
-
9 406
surtax
-
-
-
-
total
-
-
-
13 300
Employee
19 713
-
25 146
-
surtax
-
-
-
-
social contributions
562
-
717
-
income
1 016
-
1 673
-
pensions
2 230
-
2 845
-
total
3 808
-
5 235
-
Employer
19 713
-
25 146
-
other
681
-
868
-
unemployment
798
-
1 018
-
health
1 380
-
1 761
-
pensions
3 239
-
4 132
-
social contributions
59
-
75
-
total
6 157
-
7 854
-
Corporate
7 131
33 000
-
-
surtax
-
-
-
-
income
1 997
9 240
-
-
total
1 997
9 240
-
-
Dividends
5 135
23 760
-
-
social contributions
882
4 086
-
-
surtax
-
-
-
-
withholding
657
3 041
-
-
total
1 539
7 127
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 501
16 367
13 089
13 300
After tax
19 499
16 633
19 911
19 700
Living cost
15 905
15 905
15 905
15 905
Free-cash
3 594
728
4 006
3 795

Estimated living cost  is ₴15905 per week

₴9224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1616
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.
₴4764
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
₴8718
₴9193
₴10252
₴9459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
4 554
health
-
-
-
2 303
income
-
-
-
4 950
total
-
-
-
11 807
Employee
17 495
-
33 000
-
social contributions
2 415
-
4 554
-
income
2 918
-
6 484
-
health
1 221
-
2 303
-
total
6 554
-
13 341
-
Employer
17 495
-
33 000
-
total
-
-
-
-
Corporate
15 505
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%.

776
1 650
-
-
total
776
1 650
-
-
Dividends
14 729
31 350
-
-
social contributions
2 033
4 326
-
-
withholding
2 209
4 702
-
-
health
1 028
2 188
-
-
total
5 270
11 216
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 600
12 866
13 341
11 807
After tax
20 400
20 134
19 659
21 193
Living cost
10 941
10 941
10 941
10 941
Free-cash
9 459
9 193
8 718
10 252

Estimated living cost  is ₴10941 per week

₴7322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2692
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
-₴6026
₴631
-₴176
-₴801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
2 524
income
-
-
-
2 967
chamber of commerce
-
-
-
132
pensions
-
-
-
6 105
surtax
-
-
-
102
unemployment
-
-
-
3 165
total
-
-
-
14 995
Employee
25 787
20 563
25 546
-
income
2 936
1 517
2 866
-
other
258
206
256
-
pensions
2 641
2 105
2 616
-
health
998
796
989
-
unemployment
774
617
767
-
total
7 607
5 241
7 494
-
Employer
25 787
20 563
25 546
-
other
1 225
976
1 213
-
unemployment
774
617
767
-
health
974
777
965
-
surtax
102
102
102
-
accident
335
267
332
-
pensions
3 236
2 581
3 206
-
payroll
774
617
767
-
chamber of commerce
103
82
102
-
total
7 523
6 019
7 454
-
Corporate
1 958
6 417
23 588
-
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.

490
1 604
5 897
-
total
490
1 604
5 897
-
Dividends
-
4 813
-
-
withholding
-
1 324
-
-
total
-
1 324
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 620
14 188
20 845
14 995
After tax
17 380
18 812
12 155
18 005
Living cost
18 181
18 181
18 181
18 181
Free-cash
-801
631
-6 026
-176

Estimated living cost  is ₴18181 per week

₴12126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4206
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
-₴4869
-₴238
-₴1583
-₴14653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
4 144
communal

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

-
-
-
1 731
national
-
-
-
9 894
total
-
-
-
15 769
Employee

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

36 909
-
25 560
-
national
11 347
-
6 942
-
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.

2 768
-
1 917
-
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.

1 734
-
1 201
-
communal

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

1 925
-
1 333
-
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.

321
-
222
-
total
18 095
-
11 615
-
Employer

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

36 909
-
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.

539
-
373
-
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.

2 270
-
1 572
-
surtax
4 185
-
2 898
-
accident

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

480
-
332
-
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.

3 270
-
2 265
-
total
10 744
-
7 440
-
Corporate
-
33 000
-
-
surtax
-
132
-
-
income
-
6 600
-
-
total
-
6 732
-
-
Dividends
-
26 268
-
-
withholding

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

-
7 692
-
-
total
-
7 692
-
-
Income
33 000
33 000
33 000
33 000
Total tax
28 839
14 424
19 055
15 769
After tax
4 161
18 576
13 945
17 231
Living cost
18 814
18 814
18 814
18 814
Free-cash
-14 653
-238
-4 869
-1 583

Estimated living cost  is ₴18814 per week

₴12118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4756
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
-₴433
₴3642
-₴668
-₴872
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
-
-
-
33
accident
-
-
-
297
income
-
-
-
5 133
pensions
-
-
-
9 339
unemployment
-
-
-
231
total
-
-
-
15 033
Employee
25 685
-
25 023
-
income
5 419
-
5 233
-
other
25
-
25
-
pensions
1 207
-
1 176
-
unemployment
399
-
388
-
total
7 050
-
6 822
-
Employer
25 685
-
25 023
-
other
205
-
200
-
unemployment
1 413
-
1 376
-
accident
508
-
495
-
pensions
6 061
-
5 905
-
total
8 187
-
7 976
-
Corporate
-
33 000
-
-
income

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

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
28 050
-
-
withholding
-
5 773
-
-
total
-
5 773
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 237
10 723
14 798
15 033
After tax
17 763
22 277
18 202
17 967
Living cost
18 635
18 635
18 635
18 635
Free-cash
-872
3 642
-433
-668

Estimated living cost  is ₴18635 per week

₴13722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3321
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
-₴5852
-₴7416
-₴6497
-₴10745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
2 475
accident
-
-
-
297
income
-
-
-
1 658
pensions
-
-
-
5 280
communal
-
-
-
-
surtax
-
-
-
1 746
total
-
-
-
11 456
Employee
39 075
-
29 478
-
surtax
2 395
-
1 807
-
income
3 774
-
1 813
-
pensions
3 126
-
2 358
-
health
1 739
-
1 311
-
total
11 034
-
7 289
-
Employer
39 075
-
29 478
-
health
1 192
-
899
-
accident
352
-
265
-
pensions
3 126
-
2 358
-
total
4 670
-
3 522
-
Corporate
-
33 000
-
-
surtax
-
347
-
-
income
-
4 950
-
-
communal
-
2 228
-
-
total
-
7 525
-
-
Dividends
-
25 476
-
-
income
-
1 028
-
-
withholding
-
3 822
-
-
total
-
4 850
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 704
12 375
10 811
11 456
After tax
17 296
20 625
22 189
21 544
Living cost
28 041
28 041
28 041
28 041
Free-cash
-10 745
-7 416
-5 852
-6 497

Estimated living cost  is ₴28041 per week

₴21035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1699
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.
₴5010
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
₴6059
₴9167
₴6779
₴7526
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
-
-
-
-
health
-
-
-
2 343
income
-
-
-
5 180
pensions
-
-
-
6 600
surtax
-
-
-
390
unemployment
-
-
-
118
total
-
-
-
14 631
Employee
17 377
-
27 261
-
surtax
62
-
336
-
income
2 913
-
4 864
-
other
-
-
-
-
pensions
1 159
-
1 818
-
health
444
-
695
-
unemployment
1 209
-
1 898
-
total
5 787
-
9 611
-
Employer
17 377
-
27 261
-
other
-
-
-
-
unemployment
551
-
865
-
health
790
-
1 241
-
pensions
2 317
-
3 634
-
total
3 658
-
5 740
-
Corporate
11 965
33 000
-
-
income
3 111
8 580
-
-
total
3 111
8 580
-
-
Dividends
8 854
24 420
-
-
withholding
1 328
3 663
-
-
total
1 328
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 884
12 243
15 351
14 631
After tax
19 116
20 757
17 649
18 369
Living cost
11 590
11 590
11 590
11 590
Free-cash
7 526
9 167
6 059
6 779

Estimated living cost  is ₴11590 per week

₴6997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1008
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.
₴3317
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
₴2036
₴3446
₴3887
₴2299
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
-
-
-
8 488
national
-
-
-
6 031
regional
-
-
-
498
municipal
-
-
-
196
total
-
-
-
15 213
Employee
28 623
-
33 000
-
social contributions
9 652
-
11 127
-
municipal
152
-
175
-
national
4 535
-
5 318
-
regional
385
-
444
-
total
14 724
-
17 064
-
Employer
28 623
-
33 000
-
total
-
-
-
-
Corporate
4 377
33 000
-
-
nationa
1 051
7 920
-
-
municipal
217
1 640
-
-
total
1 268
9 560
-
-
Dividends
3 109
23 440
-
-
withholding
809
6 094
-
-
total
809
6 094
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 801
15 654
17 064
15 213
After tax
16 199
17 346
15 936
17 787
Living cost
13 900
13 900
13 900
13 900
Free-cash
2 299
3 446
2 036
3 887

Estimated living cost  is ₴13900 per week

₴8644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1408
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.
₴3609
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
₴1033
₴7008
₴360
₴1402
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
-
-
-
9 636
health
-
-
-
4 455
income
-
-
-
2 836
solidarity contribution
-
-
-
-
total
-
-
-
16 927
Employee
23 107
-
24 627
-
social contributions
1 502
-
1 601
-
solidarity contribution
-
-
-
-
income
2 773
-
2 955
-
health
3 119
-
3 325
-
total
7 394
-
7 881
-
Employer
23 107
-
24 627
-
health
2 080
-
2 216
-
social contributions
5 777
-
6 157
-
total
7 857
-
8 373
-
Corporate
2 037
33 000
-
-
income
387
6 270
-
-
total
387
6 270
-
-
Dividends
1 650
26 730
-
-
withholding
247
4 009
-
-
total
247
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 885
10 279
16 254
16 927
After tax
17 115
22 721
16 746
16 073
Living cost
15 713
15 713
15 713
15 713
Free-cash
1 402
7 008
1 033
360

Estimated living cost  is ₴15713 per week

₴11685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2885
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
-₴4286
₴2407
₴1645
₴2149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
2 524
income
-
-
-
2 967
chamber of commerce
-
-
-
132
pensions
-
-
-
6 105
surtax
-
-
-
-
unemployment
-
-
-
3 165
total
-
-
-
14 893
Employee
22 555
20 563
25 626
-
income
2 009
1 517
2 890
-
other
225
206
257
-
pensions
2 310
2 105
2 624
-
health
872
796
992
-
unemployment
677
617
769
-
total
6 093
5 241
7 532
-
Employer
22 555
20 563
25 626
-
other
1 071
976
1 217
-
unemployment
677
617
769
-
health
853
777
968
-
surtax
-
-
-
-
accident
293
267
333
-
pensions
2 831
2 581
3 216
-
payroll
677
617
769
-
chamber of commerce
90
82
103
-
total
6 492
5 917
7 375
-
Corporate
3 954
6 519
23 667
-
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.

988
1 629
5 917
-
total
988
1 629
5 917
-
Dividends
2 966
4 889
-
-
withholding
816
1 344
-
-
total
816
1 344
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 389
14 131
20 824
14 893
After tax
18 611
18 869
12 176
18 107
Living cost
16 462
16 462
16 462
16 462
Free-cash
2 149
2 407
-4 286
1 645

Estimated living cost  is ₴16462 per week

₴9875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1681
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.
₴4612
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
₴19816
₴24766
₴26086
₴23532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
microenterprise

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

-
-
-
330
total
-
-
-
330
Employee
8 230
-
33 000
-
income
1 646
-
6 600
-
total
1 646
-
6 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

24 770
33 000
-
-
total
-
-
-
-
Dividends
24 770
33 000
-
-
withholding
1 238
1 650
-
-
total
1 238
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 884
1 650
6 600
330
After tax
30 116
31 350
26 400
32 670
Living cost
6 584
6 584
6 584
6 584
Free-cash
23 532
24 766
19 816
26 086

Estimated living cost  is ₴6584 per week

₴4456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
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.
₴1631
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
₴3102
₴8880
₴4047
₴4563
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
health
-
-
-
3 248
income
-
-
-
5 788
pensions
-
-
-
6 027
unemployment
-
-
-
50
total
-
-
-
15 113
Employee

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

22 817
-
28 554
-
income
3 935
-
5 301
-
pensions
3 537
-
4 426
-
health
1 474
-
1 845
-
unemployment
32
-
40
-
total
8 978
-
11 612
-
Employer

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

22 817
-
28 554
-
unemployment
14
-
17
-
health
1 520
-
1 902
-
pensions
2 019
-
2 527
-
total
3 553
-
4 446
-
Corporate
6 630
33 000
-
-
income
1 260
6 270
-
-
total
1 260
6 270
-
-
Dividends
5 370
26 730
-
-
withholding
806
4 010
-
-
total
806
4 010
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 597
10 280
16 058
15 113
After tax
18 403
22 720
16 942
17 887
Living cost
13 840
13 840
13 840
13 840
Free-cash
4 563
8 880
3 102
4 047

Estimated living cost  is ₴13840 per week

₴9498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3187
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
₴2781
-₴3081
-₴352
-₴47026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
3 762
income
-
-
-
6 432
total
-
-
-
10 194
Employee
33 206
-
-
-
social contributions
2 723
-
388
-
income
7 325
-
-
-
total
10 048
-
388
-
Employer
33 206
-
-
-
social contributions
46 820
-
6 673
-
total
46 820
-
6 673
-
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
56 868
12 923
7 061
10 194
After tax
-23 868
20 077
25 939
22 806
Living cost
23 158
23 158
23 158
23 158
Free-cash
-47 026
-3 081
2 781
-352

Estimated living cost  is ₴23158 per week

₴15026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5659
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
₴1697
₴2585
₴2728
₴2065
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
social contributions

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

-
-
-
11 467
income
-
-
-
2 620
surtax
-
-
-
-
total
-
-
-
14 087
Employee
23 732
-
26 667
-
surtax
-
-
-
-
social contributions
2 611
-
2 934
-
income
4 936
-
5 851
-
total
7 547
-
8 785
-
Employer
23 732
-
26 667
-
social contributions
5 636
-
6 333
-
total
5 636
-
6 333
-
Corporate
3 632
33 000
-
-
surtax
-
-
-
-
income
763
6 930
-
-
total
763
6 930
-
-
Dividends
2 869
26 070
-
-
withholding
804
7 300
-
-
total
804
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 750
14 230
15 118
14 087
After tax
18 250
18 770
17 882
18 913
Living cost
16 185
16 185
16 185
16 185
Free-cash
2 065
2 585
1 697
2 728

Estimated living cost  is ₴16185 per week

₴12110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2850
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
-₴5011
-₴8289
-₴5222
-₴9410
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
-
-
-
1 023
social contributions
-
-
-
941
health
-
-
-
285
income
-
-
-
1 645
pensions
-
-
-
9 406
surtax
-
-
-
-
total
-
-
-
13 300
Employee
32 317
-
25 146
-
surtax
-
-
-
-
social contributions
920
-
717
-
income
2 820
-
1 673
-
pensions
3 655
-
2 845
-
total
7 395
-
5 235
-
Employer
32 317
-
25 146
-
other
1 115
-
868
-
unemployment
1 309
-
1 018
-
health
2 262
-
1 761
-
pensions
5 310
-
4 132
-
social contributions
97
-
75
-
total
10 093
-
7 854
-
Corporate
-
33 000
-
-
surtax
-
-
-
-
income
-
9 240
-
-
total
-
9 240
-
-
Dividends
-
23 760
-
-
social contributions
-
4 086
-
-
surtax
-
-
-
-
withholding
-
3 041
-
-
total
-
7 127
-
-
Income
33 000
33 000
33 000
33 000
Total tax
17 488
16 367
13 089
13 300
After tax
15 512
16 633
19 911
19 700
Living cost
24 922
24 922
24 922
24 922
Free-cash
-9 410
-8 289
-5 011
-5 222

Estimated living cost  is ₴24922 per week

₴16866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴342
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.
₴5674
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
₴11044
₴14190
₴10118
₴12457
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
-
-
-
112
social contributions
-
-
-
7 260
total
-
-
-
7 372
Employee
16 589
-
28 571
-
income
-
-
161
-
social contributions
1 078
-
1 857
-
total
1 078
-
2 018
-
Employer
16 589
-
28 571
-
social contributions
2 571
-
4 428
-
total
2 571
-
4 428
-
Corporate
13 840
33 000
-
-
income
1 384
3 300
-
-
total
1 384
3 300
-
-
Dividends
12 457
29 700
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
5 033
3 300
6 446
7 372
After tax
27 967
29 700
26 554
25 628
Living cost
15 510
15 510
15 510
15 510
Free-cash
12 457
14 190
11 044
10 118

Estimated living cost  is ₴15510 per week

₴10029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4021
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
-₴79264
-₴79264
-₴3613
-₴79264
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
-
-
-
2 604
pensions
-
-
-
447
national
-
-
-
3 217
municipal
-
-
-
5 530
total
-
-
-
11 798
Employee
104 738
104 738
104 738
-
labour market
8 367
8 367
8 367
-
municipal
22 303
22 303
22 303
-
national
12 796
12 796
12 796
-
pensions
149
149
149
-
total
43 615
43 615
43 615
-
Employer
104 738
104 738
104 738
-
national
12 818
12 818
12 818
-
labour market
8 379
8 379
8 379
-
pensions
298
298
298
-
municipal
22 339
22 339
22 339
-
total
43 834
43 834
43 834
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
87 449
87 449
87 449
11 798
After tax
-54 449
-54 449
-54 449
21 202
Living cost
24 815
24 815
24 815
24 815
Free-cash
-79 264
-79 264
-79 264
-3 613

Estimated living cost  is ₴24815 per week

₴16984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴382
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.
₴5254
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
₴5899
-₴8637
₴11461
₴938
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
-
-
-
193
health
-
-
-
1 138
accident
-
-
-
132
income
-
-
-
6 595
pensions
-
-
-
2 171
total
-
-
-
10 229
Employee
17 791
-
27 413
-
income
2 441
-
3 978
-
pensions
2 003
-
3 087
-
health
2 037
-
3 139
-
total
6 481
-
10 204
-
Employer
17 791
-
27 413
-
unemployment
436
-
672
-
accident
297
-
458
-
pensions
2 893
-
4 457
-
total
3 626
-
5 587
-
Corporate
11 583
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.

10 425
29 700
-
-
total
10 425
29 700
-
-
Dividends
1 158
3 300
-
-
withholding
220
627
-
-
total
220
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 752
30 327
15 791
10 229
After tax
12 248
2 673
17 209
22 771
Living cost
11 310
11 310
11 310
11 310
Free-cash
938
-8 637
5 899
11 461

Estimated living cost  is ₴11310 per week

₴8232
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.
₴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.
₴2220
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
₴423
₴2872
₴5310
₴507
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
-
-
-
293
national
-
-
-
1 700
municipal
-
-
-
5 887
total
-
-
-
7 880
Employee
27 147
-
27 762
-
municipal
4 446
-
4 546
-
national
448
-
482
-
pensions
1 832
-
1 874
-
health
203
-
212
-
unemployment
407
-
416
-
total
7 336
-
7 530
-
Employer
27 147
-
27 762
-
unemployment
176
-
180
-
health
209
-
213
-
accident
27
-
27
-
pensions
4 710
-
4 817
-
total
5 122
-
5 237
-
Corporate
731
33 000
-
-
income
146
6 600
-
-
total
146
6 600
-
-
Dividends

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

439
19 800
-
-
national
-
154
-
-
municipal
79
3 564
-
-
total
79
3 718
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 683
10 318
12 767
7 880
After tax
20 317
22 682
20 233
25 120
Living cost
19 810
19 810
19 810
19 810
Free-cash
507
2 872
423
5 310

Estimated living cost  is ₴19810 per week

₴12940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4650
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
₴11054
₴9385
₴13481
₴9508
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
-
-
-
5 148
health
-
-
-
841
income
-
-
-
1 583
total
-
-
-
7 572
Employee
39 677
39 677
39 677
-
social contributions
1 500
3 293
2 486
-
income
4 320
3 673
3 964
-
health
307
675
509
-
total
6 127
7 641
6 959
-
Employer
39 677
39 677
39 677
-
health
334
734
554
-
social contributions
1 500
3 293
2 486
-
total
1 834
4 027
3 040
-
Corporate
13 092
-
-
-
income
1 636
-
-
-
total
1 636
-
-
-
Dividends
11 455
-
-
-
withholding
1 948
-
-
-
total
1 948
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 545
11 668
9 999
7 572
After tax
21 455
21 332
23 001
25 428
Living cost
11 947
11 947
11 947
11 947
Free-cash
9 508
9 385
11 054
13 481

Estimated living cost  is ₴11947 per week

₴7160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3351
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
₴12226
₴19135
₴16764
₴16510
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
health
-
-
-
1 867
income
-
-
-
2 880
pensions
-
-
-
3 282
unemployment
-
-
-
15
total
-
-
-
8 044
Employee

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

11 844
-
29 918
-
income
810
-
2 319
-
pensions
1 776
-
4 488
-
health
1 007
-
2 543
-
unemployment
59
-
150
-
total
3 652
-
9 500
-
Employer

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

11 844
-
29 918
-
unemployment
59
-
150
-
health
509
-
1 287
-
pensions
651
-
1 645
-
total
1 219
-
3 082
-
Corporate
19 937
33 000
-
-
income
1 794
2 970
-
-
total
1 794
2 970
-
-
Dividends
18 143
30 030
-
-
withholding
1 633
2 703
-
-
total
1 633
2 703
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 298
5 673
12 582
8 044
After tax
24 702
27 327
20 418
24 956
Living cost
8 192
8 192
8 192
8 192
Free-cash
16 510
19 135
12 226
16 764

Estimated living cost  is ₴8192 per week

₴5227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴2131
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
₴4013
₴8088
₴3778
₴5380
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
-
-
-
33
accident
-
-
-
297
income
-
-
-
5 133
pensions
-
-
-
9 339
unemployment
-
-
-
231
total
-
-
-
15 033
Employee
19 079
-
25 023
-
income
3 678
-
5 233
-
other
19
-
25
-
pensions
897
-
1 176
-
unemployment
296
-
388
-
total
4 890
-
6 822
-
Employer
19 079
-
25 023
-
other
153
-
200
-
unemployment
1 050
-
1 376
-
accident
378
-
495
-
pensions
4 502
-
5 905
-
total
6 083
-
7 976
-
Corporate
7 838
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.

1 176
4 950
-
-
total
1 176
4 950
-
-
Dividends
6 662
28 050
-
-
withholding
1 282
5 773
-
-
total
1 282
5 773
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 431
10 723
14 798
15 033
After tax
19 569
22 277
18 202
17 967
Living cost
14 189
14 189
14 189
14 189
Free-cash
5 380
8 088
4 013
3 778

Estimated living cost  is ₴14189 per week

₴9577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2999
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
₴19869
₴19639
₴19938
₴19480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
504
income
-
-
-
10 910
pensions
-
-
-
695
total
-
-
-
12 109
Employee
1 452
-
32 218
-
income
281
-
10 874
-
pensions
131
-
313
-
health
73
-
174
-
unemployment
15
-
35
-
total
500
-
11 396
-
Employer
1 452
-
32 218
-
unemployment
29
-
70
-
health
138
-
330
-
pensions
160
-
382
-
total
327
-
782
-
Corporate
31 222
33 000
-
-
income
6 869
7 260
-
-
total
6 869
7 260
-
-
Dividends
24 353
25 740
-
-
withholding
4 871
5 148
-
-
total
4 871
5 148
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 567
12 408
12 178
12 109
After tax
20 433
20 592
20 822
20 891
Living cost
953
953
953
953
Free-cash
19 480
19 639
19 869
19 938

Estimated living cost  is ₴953 per week

₴566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
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.
₴288
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
₴8754
₴14945
₴7334
₴12412
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
health
-
-
-
3 399
income
-
-
-
4 294
pensions
-
-
-
8 580
unemployment
-
-
-
495
total
-
-
-
16 768
Employee

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

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

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

13 418
-
27 990
-
income
1 850
-
4 768
-
pensions
1 879
-
3 919
-
health
691
-
1 441
-
unemployment
101
-
210
-
total
4 521
-
10 338
-
Employer

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

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

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

13 418
-
27 990
-
unemployment
101
-
210
-
health
691
-
1 441
-
pensions
1 610
-
3 359
-
total
2 402
-
5 010
-
Corporate
17 180
33 000
-
-
income
2 577
4 950
-
-
total
2 577
4 950
-
-
Dividends
14 603
28 050
-
-
withholding
2 190
4 207
-
-
total
2 190
4 207
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 690
9 157
15 348
16 768
After tax
21 310
23 843
17 652
16 232
Living cost
8 898
8 898
8 898
8 898
Free-cash
12 412
14 945
8 754
7 334

Estimated living cost  is ₴8898 per week

₴5991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴688
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.
₴1961
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
₴3971
₴4859
₴5002
₴4675
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
social contributions

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

-
-
-
11 467
income
-
-
-
2 620
surtax
-
-
-
-
total
-
-
-
14 087
Employee
20 027
-
26 667
-
surtax
-
-
-
-
social contributions
2 203
-
2 934
-
income
3 913
-
5 851
-
total
6 116
-
8 785
-
Employer
20 027
-
26 667
-
social contributions
4 756
-
6 333
-
total
4 756
-
6 333
-
Corporate
8 217
33 000
-
-
surtax
-
-
-
-
income
1 725
6 930
-
-
total
1 725
6 930
-
-
Dividends
6 492
26 070
-
-
withholding
1 817
7 300
-
-
total
1 817
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 414
14 230
15 118
14 087
After tax
18 586
18 770
17 882
18 913
Living cost
13 911
13 911
13 911
13 911
Free-cash
4 675
4 859
3 971
5 002

Estimated living cost  is ₴13911 per week

₴9853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴966
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.
₴2846
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
₴68
₴4143
-₴167
₴91
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
-
-
-
33
accident
-
-
-
297
income
-
-
-
5 133
pensions
-
-
-
9 339
unemployment
-
-
-
231
total
-
-
-
15 033
Employee
24 920
-
25 023
-
income
5 205
-
5 233
-
other
24
-
25
-
pensions
1 171
-
1 176
-
unemployment
386
-
388
-
total
6 786
-
6 822
-
Employer
24 920
-
25 023
-
other
200
-
200
-
unemployment
1 371
-
1 376
-
accident
494
-
495
-
pensions
5 881
-
5 905
-
total
7 946
-
7 976
-
Corporate
135
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.

21
4 950
-
-
total
21
4 950
-
-
Dividends
114
28 050
-
-
withholding
22
5 773
-
-
total
22
5 773
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 775
10 723
14 798
15 033
After tax
18 225
22 277
18 202
17 967
Living cost
18 134
18 134
18 134
18 134
Free-cash
91
4 143
68
-167

Estimated living cost  is ₴18134 per week

₴13023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3446
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
₴15248
₴19470
₴14564
₴16371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
health
-
-
-
2 042
income
-
-
-
4 950
pensions

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

-
-
-
2 628
unemployment
-
-
-
71
total
-
-
-
9 691
Employee
11 579
-
29 516
-
income
1 158
-
2 952
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 017
-
1 559
-
health
533
-
817
-
total
2 835
-
5 523
-
Employer
11 579
-
29 516
-
unemployment
70
-
107
-
health
799
-
1 225
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 276
-
1 957
-
total
2 272
-
3 484
-
Corporate
19 149
33 000
-
-
income
1 915
3 300
-
-
total
1 915
3 300
-
-
Dividends
17 234
29 700
-
-
withholding
862
1 485
-
-
total
862
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 884
4 785
9 007
9 691
After tax
25 116
28 215
23 993
23 309
Living cost
8 745
8 745
8 745
8 745
Free-cash
16 371
19 470
15 248
14 564

Estimated living cost  is ₴8745 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
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.
₴2252
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
₴5069
-₴2842
₴3776
₴3906
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
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.

-
-
-
3 525
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.

-
-
-
4 251
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.

-
-
-
234
trade
-
-
-
1 293
total
-
-
-
9 303
Employee

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

25 674
-
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.

117
-
234
-
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.

2 111
-
4 251
-
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.

3 525
-
3 525
-
total
5 753
-
8 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 326
33 000
-
-
chamber of commerce
89
126
-
-
surtax

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

61
272
-
-
trade
1 052
4 735
-
-
income
1 099
4 950
-
-
total
2 301
10 083
-
-
Dividends
5 026
22 916
-
-
surtax

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

59
305
-
-
withholding
1 060
5 533
-
-
total
1 119
5 838
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 173
15 921
8 010
9 303
After tax
23 827
17 079
24 990
23 697
Living cost
19 921
19 921
19 921
19 921
Free-cash
3 906
-2 842
5 069
3 776

Estimated living cost  is ₴19921 per week

₴13742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2143
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.
₴3746
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
-₴3920
-₴6293
-₴3920
-₴7362
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
-
-
-
4 984
social contributions
-
-
-
2 543
total
-
-
-
7 527
Employee
40 362
-
33 000
-
income
7 616
-
4 984
-
social contributions
3 353
-
2 543
-
total
10 969
-
7 527
-
Employer
40 362
-
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
10 969
9 900
7 527
7 527
After tax
22 031
23 100
25 473
25 473
Living cost
29 393
29 393
29 393
29 393
Free-cash
-7 362
-6 293
-3 920
-3 920

Estimated living cost  is ₴29393 per week

₴22362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2395
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.
₴4355
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
₴5215
-₴7
-₴3591
₴2982
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
-
-
-
14 688
health

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

-
-
-
3 172
total
-
-
-
17 860
Employee
23 671
-
30 626
-
income
2 568
-
4 306
-
social contributions
2 372
-
2 374
-
total
4 940
-
6 680
-
Employer
23 671
-
30 626
-
social contributions
2 372
-
2 374
-
total
2 372
-
2 374
-
Corporate
6 958
33 000
-
-
income
2 435
11 550
-
-
total
2 435
11 550
-
-
Dividends
4 523
21 450
-
-
social contributions
1 540
2 726
-
-
total
1 540
2 726
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 287
14 276
9 054
17 860
After tax
21 713
18 724
23 946
15 140
Living cost
18 731
18 731
18 731
18 731
Free-cash
2 982
-7
5 215
-3 591

Estimated living cost  is ₴18731 per week

₴12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4629
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
₴2159
₴5624
₴5610
₴2722
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
-
-
-
6 178
pensions
-
-
-
2 111
total
-
-
-
8 289
Employee
26 219
-
29 360
-
income
4 775
-
5 315
-
health
342
-
407
-
pensions
2 001
-
2 378
-
total
7 118
-
8 100
-
Employer
26 219
-
29 360
-
health
498
-
558
-
pensions
2 649
-
3 082
-
total
3 147
-
3 640
-
Corporate
3 634
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.

691
6 270
-
-
total
691
6 270
-
-
Dividends
2 943
26 730
-
-
withholding
221
2 005
-
-
total
221
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 177
8 275
11 740
8 289
After tax
21 823
24 725
21 260
24 711
Living cost
19 101
19 101
19 101
19 101
Free-cash
2 722
5 624
2 159
5 610

Estimated living cost  is ₴19101 per week

₴13103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4001
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
₴4780
-₴9756
₴10342
₴766
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
-
-
-
193
health
-
-
-
1 138
accident
-
-
-
132
income
-
-
-
6 595
pensions
-
-
-
2 171
total
-
-
-
10 229
Employee
19 552
-
27 413
-
income
2 682
-
3 978
-
pensions
2 202
-
3 087
-
health
2 239
-
3 139
-
total
7 123
-
10 204
-
Employer
19 552
-
27 413
-
unemployment
479
-
672
-
accident
327
-
458
-
pensions
3 179
-
4 457
-
total
3 985
-
5 587
-
Corporate
9 463
33 000
-
-
income

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

8 517
29 700
-
-
total
8 517
29 700
-
-
Dividends
946
3 300
-
-
withholding
180
627
-
-
total
180
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
19 805
30 327
15 791
10 229
After tax
13 195
2 673
17 209
22 771
Living cost
12 430
12 430
12 430
12 430
Free-cash
766
-9 756
4 780
10 342

Estimated living cost  is ₴12430 per week

₴9122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₴12397
₴21089
₴12397
₴18583
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
-
-
-
4 567
health insurance
-
-
-
2 442
work injury
-
-
-
165
pensions
-
-
-
6 072
unemployment
-
-
-
396
total
-
-
-
13 642
Employee

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

11 137
-
33 000
-
income
1 114
-
4 567
-
work injury
56
-
165
-
health insurance
824
-
2 442
-
pensions
2 049
-
6 072
-
unemployment
134
-
396
-
total
4 177
-
13 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 863
33 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
21 863
33 000
-
-
withholding
3 279
4 950
-
-
total
3 279
4 950
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 456
4 950
13 642
13 642
After tax
25 544
28 050
19 358
19 358
Living cost
6 961
6 961
6 961
6 961
Free-cash
18 583
21 089
12 397
12 397

Estimated living cost  is ₴6961 per week

₴4312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
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.
₴1925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₴4648
-₴3173
-₴2817
-₴10480
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
-
-
-
8 488
national
-
-
-
6 031
regional
-
-
-
522
municipal
-
-
-
220
total
-
-
-
15 261
Employee
43 481
-
33 000
-
social contributions
14 661
-
11 127
-
municipal
259
-
197
-
national
7 348
-
5 318
-
regional
656
-
450
-
total
22 924
-
17 092
-
Employer
43 481
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
nationa
-
7 920
-
-
municipal
-
1 590
-
-
total
-
9 510
-
-
Dividends
-
23 490
-
-
withholding
-
6 107
-
-
total
-
6 107
-
-
Income
33 000
33 000
33 000
33 000
Total tax
22 924
15 617
17 092
15 261
After tax
10 076
17 383
15 908
17 739
Living cost
20 556
20 556
20 556
20 556
Free-cash
-10 480
-3 173
-4 648
-2 817

Estimated living cost  is ₴20556 per week

₴14439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴310
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close