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
₴1660
₴9816
₴8262
₴7164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
income

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

-
-
-
4 464
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.

-
-
-
246
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.

-
-
-
3 400
trade
-
-
-
1 554
total
-
-
-
9 664
Employee

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

19 035
-
33 000
-
surtax

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

29
-
246
-
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.

532
-
4 464
-
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.

3 400
-
3 400
-
total
3 961
-
8 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 965
33 000
-
-
income
2 095
4 950
-
-
surtax

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

115
272
-
-
chamber of commerce
95
123
-
-
trade
2 200
5 197
-
-
total
4 505
10 542
-
-
Dividends
9 460
22 458
-
-
surtax

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

120
298
-
-
withholding
2 176
5 426
-
-
total
2 296
5 724
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 762
16 266
8 110
9 664
After tax
22 238
16 734
24 890
23 336
Living cost
15 074
15 074
15 074
15 074
Free-cash
7 164
1 660
9 816
8 262

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
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.
₴3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5905
-₴5704
-₴5963
-₴11803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
social contributions
-
-
-
355
municipal
-
-
-
3 197
national
-
-
-
4 954
pensions
-
-
-
3 960
total
-
-
-
12 466
Employee
41 075
-
28 528
-
municipal
5 073
-
3 325
-
pensions
1 643
-
1 141
-
national
7 862
-
5 152
-
total
14 578
-
9 618
-
Employer
41 075
-
28 528
-
pensions
3 286
-
2 282
-
social contributions
442
-
307
-
total
3 728
-
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
18 306
12 408
12 207
12 466
After tax
14 694
20 592
20 793
20 534
Living cost
26 497
26 497
26 497
26 497
Free-cash
-11 803
-5 905
-5 704
-5 963

Estimated living cost  is ₴26497 per week

₴18010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴16046
₴8438
₴16129
₴11963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

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

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

-
-
-
1 567
microenterprise
-
-
-
4 950
total
-
-
-
6 517
Employee
14 542
-
26 594
-
surtax
-
-
-
-
social contributions

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

1 600
-
2 925
-
income
2 589
-
4 877
-
total
4 189
-
7 802
-
Employer
14 542
-
26 594
-
social contributions

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

3 503
-
6 406
-
surtax
-
-
-
-
total
3 503
-
6 406
-
Corporate
14 955
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%.

2 991
6 600
-
-
total
2 991
6 600
-
-
Dividends

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

11 964
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 683
6 600
14 208
6 517
After tax
22 317
26 400
18 792
26 483
Living cost
10 354
10 354
10 354
10 354
Free-cash
11 963
16 046
8 438
16 129

Estimated living cost  is ₴10354 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13626
-₴16419
-₴2022
-₴16419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
3 336
health
-
-
-
5 007
pensions
-
-
-
5 831
total
-
-
-
14 174
Employee
42 499
42 499
42 499
-
pensions
7 650
5 831
7 650
-
income

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

6 956
6 956
6 956
-
health
6 523
5 549
6 523
-
total
21 129
18 336
21 129
-
Employer
42 499
42 499
42 499
-
health
2 954
2 954
2 954
-
pensions
2 958
2 958
2 958
-
unemployment
1 530
1 530
1 530
-
total
7 442
7 442
7 442
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
28 571
25 778
28 571
14 174
After tax
4 429
7 222
4 429
18 826
Living cost
20 848
20 848
20 848
20 848
Free-cash
-16 419
-13 626
-16 419
-2 022

Estimated living cost  is ₴20848 per week

₴14775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1863
-₴2258
-₴3431
-₴4230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
accident
-
-
-
66
other
-
-
-
3 835
unemployment
-
-
-
33
health
-
-
-
2 059
municipal
-
-
-
6 990
national
-
-
-
-
pensions
-
-
-
3 567
total
-
-
-
16 550
Employee
28 329
-
25 110
-
municipal
8 448
-
7 488
-
national
-
-
-
-
total
8 448
-
7 488
-
Employer
28 329
-
25 110
-
health
1 742
-
1 544
-
pensions
3 062
-
2 714
-
accident
57
-
50
-
unemployment
748
-
663
-
other
3 292
-
2 918
-
total
8 901
-
7 889
-
Corporate
-
33 000
-
-
income
-
7 260
-
-
total
-
7 260
-
-
Dividends
-
25 740
-
-
withholding
-
7 722
-
-
total
-
7 722
-
-
Income
33 000
33 000
33 000
33 000
Total tax
17 349
14 982
15 377
16 550
After tax
15 651
18 018
17 623
16 450
Living cost
19 881
19 881
19 881
19 881
Free-cash
-4 230
-1 863
-2 258
-3 431

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
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.
₴4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2988
₴5339
₴3716
₴4007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
income

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

-
-
-
4 464
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.

-
-
-
246
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.

-
-
-
3 400
trade
-
-
-
1 623
total
-
-
-
9 733
Employee

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

25 238
-
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.

119
-
246
-
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.

2 168
-
4 464
-
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.

3 400
-
3 400
-
total
5 687
-
8 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 762
33 000
-
-
income
1 164
4 950
-
-
surtax

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

64
272
-
-
chamber of commerce
87
123
-
-
trade
1 277
5 429
-
-
total
2 592
10 774
-
-
Dividends
5 169
22 227
-
-
surtax

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

60
296
-
-
withholding
1 103
5 367
-
-
total
1 163
5 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 442
16 437
8 110
9 733
After tax
23 558
16 563
24 890
23 267
Living cost
19 551
19 551
19 551
19 551
Free-cash
4 007
-2 988
5 339
3 716

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
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.
₴4121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5604
₴7029
₴9122
₴6044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
1 747
social contributions
-
-
-
5 148
health
-
-
-
841
total
-
-
-
7 736
Employee
38 269
38 269
38 269
-
social contributions
1 860
3 176
2 487
-
income
4 019
3 543
3 792
-
health
381
651
509
-
total
6 260
7 370
6 788
-
Employer
38 269
38 269
38 269
-
health
415
708
554
-
social contributions
1 860
3 176
2 487
-
total
2 275
3 884
3 041
-
Corporate
8 325
-
-
-
income
1 041
-
-
-
total
1 041
-
-
-
Dividends
7 284
-
-
-
withholding
1 238
-
-
-
total
1 238
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
10 814
11 254
9 829
7 736
After tax
22 186
21 746
23 171
25 264
Living cost
16 142
16 142
16 142
16 142
Free-cash
6 044
5 604
7 029
9 122

Estimated living cost  is ₴16142 per week

₴11035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9730
₴10210
₴13941
₴9916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
4 034
unemployment
-
-
-
495
health
-
-
-
2 310
pensions
-
-
-
3 300
total
-
-
-
10 139
Employee

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

The minimum wage is 138,000 HUF per month.

12 876
5 124
27 615
-
unemployment
193
77
414
-
pensions
1 288
512
2 762
-
income
1 574
626
3 376
-
health
901
359
1 933
-
total
3 956
1 574
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.

12 876
5 124
27 615
-
pensions
2 511
999
5 385
-
total
2 511
999
5 385
-
Corporate
17 614
26 876
-
-
income
1 585
2 419
-
-
total
1 585
2 419
-
-
Dividends
16 028
24 458
-
-
social contributions
3 067
4 711
-
-
withholding
3 045
4 647
-
-
total
6 112
9 358
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 164
14 350
13 870
10 139
After tax
18 836
18 650
19 130
22 861
Living cost
8 920
8 920
8 920
8 920
Free-cash
9 916
9 730
10 210
13 941

Estimated living cost  is ₴8920 per week

₴6087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and 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 Budapest model

Close
Tallinn , Estonia
₴14379
₴7003
₴5854
₴11288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 234
health
-
-
-
4 290
pensions
-
-
-
6 601
total
-
-
-
15 125
Employee
14 118
-
24 664
-
unemployment
226
-
395
-
pensions
282
-
493
-
income
1 589
-
4 752
-
total
2 097
-
5 640
-
Employer
14 118
-
24 664
-
health
1 835
-
3 206
-
pensions
2 824
-
4 933
-
unemployment
113
-
197
-
total
4 772
-
8 336
-
Corporate
14 110
33 000
-
-
income
2 822
6 600
-
-
total
2 822
6 600
-
-
Dividends
11 288
26 400
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 691
6 600
13 976
15 125
After tax
23 309
26 400
19 024
17 875
Living cost
12 021
12 021
12 021
12 021
Free-cash
11 288
14 379
7 003
5 854

Estimated living cost  is ₴12021 per week

₴8245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8438
₴6008
₴11650
₴969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
accident
-
-
-
128
income
-
-
-
6 722
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
10 239
Employee
17 478
-
27 413
-
pensions
1 968
-
3 087
-
income
2 398
-
4 068
-
health
2 001
-
3 139
-
total
6 367
-
10 294
-
Employer
17 478
-
27 413
-
pensions
2 842
-
4 457
-
accident
292
-
458
-
unemployment
428
-
672
-
total
3 562
-
5 587
-
Corporate
11 960
33 000
-
-
income

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

10 764
29 700
-
-
total
10 764
29 700
-
-
Dividends
1 196
3 300
-
-
withholding
227
627
-
-
total
227
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 920
30 327
15 881
10 239
After tax
12 080
2 673
17 119
22 761
Living cost
11 111
11 111
11 111
11 111
Free-cash
969
-8 438
6 008
11 650

Estimated living cost  is ₴11111 per week

₴8143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27340
₴22390
₴28660
₴26589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 012
-
33 000
-
income
1 002
-
6 600
-
total
1 002
-
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%.

27 988
33 000
-
-
total
-
-
-
-
Dividends
27 988
33 000
-
-
withholding
1 399
1 650
-
-
total
1 399
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 401
1 650
6 600
330
After tax
30 599
31 350
26 400
32 670
Living cost
4 010
4 010
4 010
4 010
Free-cash
26 589
27 340
22 390
28 660

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10984
₴6085
₴4607
₴7624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
4 191
other
-
-
-
1 568
health
-
-
-
1 452
pensions

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

-
-
-
7 921
total
-
-
-
15 132
Employee
18 070
-
26 358
-
unemployment
180
-
263
-
pensions

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

1 265
-
1 844
-
income
3 111
-
4 537
-
health
253
-
369
-
total
4 809
-
7 013
-
Employer
18 070
-
26 358
-
health
253
-
369
-
pensions

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

3 072
-
4 480
-
accident
144
-
211
-
unemployment
180
-
263
-
other
904
-
1 318
-
total
4 553
-
6 641
-
Corporate
10 376
33 000
-
-
income
2 179
6 930
-
-
total
2 179
6 930
-
-
Dividends
8 197
26 070
-
-
withholding
574
1 825
-
-
total
574
1 825
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 115
8 755
13 654
15 132
After tax
20 885
24 245
19 346
17 868
Living cost
13 261
13 261
13 261
13 261
Free-cash
7 624
10 984
6 085
4 607

Estimated living cost  is ₴13261 per week

₴9370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8523
-₴12043
-₴8560
-₴20488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 172
pensions
-
-
-
2 140
total
-
-
-
8 312
Employee
47 041
-
29 332
-
pensions
4 538
-
2 413
-
income
8 480
-
5 301
-
health
775
-
413
-
total
13 793
-
8 127
-
Employer
47 041
-
29 332
-
health
893
-
557
-
pensions
5 554
-
3 111
-
total
6 447
-
3 668
-
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
20 240
8 275
11 795
8 312
After tax
12 760
24 725
21 205
24 688
Living cost
33 248
33 248
33 248
33 248
Free-cash
-20 488
-8 523
-12 043
-8 560

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
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.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴21691
₴17592
₴16885
₴19380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
4 950
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
9 591
Employee
8 638
-
29 590
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

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

758
-
1 526
-
income
864
-
2 959
-
health
397
-
799
-
total
2 114
-
5 475
-
Employer
8 638
-
29 590
-
health
596
-
1 199
-
pensions

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

952
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
22 667
33 000
-
-
income
2 267
3 300
-
-
total
2 267
3 300
-
-
Dividends
20 400
29 700
-
-
withholding
1 020
1 485
-
-
total
1 020
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 096
4 785
8 884
9 591
After tax
25 904
28 215
24 116
23 409
Living cost
6 524
6 524
6 524
6 524
Free-cash
19 380
21 691
17 592
16 885

Estimated living cost  is ₴6524 per week

₴3809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴20375
-₴23168
-₴8771
-₴21218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
3 336
health
-
-
-
5 007
pensions
-
-
-
5 831
total
-
-
-
14 174
Employee
46 141
42 499
42 499
-
pensions
5 831
5 831
7 650
-
income

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

6 956
6 956
6 956
-
health
5 756
5 549
6 523
-
total
18 543
18 336
21 129
-
Employer
46 141
42 499
42 499
-
health
3 206
2 954
2 954
-
pensions
3 211
2 958
2 958
-
unemployment
1 661
1 530
1 530
-
total
8 078
7 442
7 442
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
26 621
25 778
28 571
14 174
After tax
6 379
7 222
4 429
18 826
Living cost
27 597
27 597
27 597
27 597
Free-cash
-21 218
-20 375
-23 168
-8 771

Estimated living cost  is ₴27597 per week

₴20357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10515
₴4541
₴3868
₴6162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
2 836
social contributions
-
-
-
9 636
solidarity contribution
-
-
-
-
health
-
-
-
4 455
total
-
-
-
16 927
Employee
17 948
-
24 627
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
1 601
-
income
2 154
-
2 955
-
health
2 423
-
3 325
-
total
5 744
-
7 881
-
Employer
17 948
-
24 627
-
health
1 615
-
2 216
-
social contributions
4 487
-
6 157
-
total
6 102
-
8 373
-
Corporate
8 949
33 000
-
-
income
1 700
6 270
-
-
total
1 700
6 270
-
-
Dividends
7 249
26 730
-
-
withholding
1 087
4 010
-
-
total
1 087
4 010
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 633
10 280
16 254
16 927
After tax
18 367
22 720
16 746
16 073
Living cost
12 205
12 205
12 205
12 205
Free-cash
6 162
10 515
4 541
3 868

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3393
-₴4937
-₴3074
-₴11229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
338
municipal
-
-
-
196
national
-
-
-
6 052
total
-
-
-
15 074
Employee
44 230
-
33 000
-
municipal
234
-
175
-
national
7 664
-
5 339
-
regional
417
-
296
-
social contributions
14 914
-
11 127
-
total
23 229
-
16 937
-
Employer
44 230
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
municipal
-
1 287
-
-
nationa
-
7 920
-
-
total
-
9 207
-
-
Dividends
-
23 793
-
-
withholding
-
6 186
-
-
total
-
6 186
-
-
Income
33 000
33 000
33 000
33 000
Total tax
23 229
15 393
16 937
15 074
After tax
9 771
17 607
16 063
17 926
Living cost
21 000
21 000
21 000
21 000
Free-cash
-11 229
-3 393
-4 937
-3 074

Estimated living cost  is ₴21000 per week

₴14639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9775
₴6578
₴7300
₴8226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
5 243
other
-
-
-
-
surtax
-
-
-
419
unemployment
-
-
-
113
health
-
-
-
2 343
pensions
-
-
-
6 600
total
-
-
-
14 718
Employee
16 458
-
27 262
-
other
-
-
-
-
unemployment
1 146
-
1 897
-
pensions
1 097
-
1 818
-
surtax
54
-
365
-
income
2 759
-
4 927
-
health
420
-
695
-
total
5 476
-
9 702
-
Employer
16 458
-
27 262
-
health
749
-
1 240
-
pensions
2 194
-
3 634
-
unemployment
521
-
864
-
other
-
-
-
-
total
3 464
-
5 738
-
Corporate
13 078
33 000
-
-
income
3 400
8 580
-
-
total
3 400
8 580
-
-
Dividends
9 678
24 420
-
-
withholding
1 452
3 663
-
-
total
1 452
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 792
12 243
15 440
14 718
After tax
19 208
20 757
17 560
18 282
Living cost
10 982
10 982
10 982
10 982
Free-cash
8 226
9 775
6 578
7 300

Estimated living cost  is ₴10982 per week

₴6715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2011
-₴1509
₴1974
-₴2538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 172
pensions
-
-
-
2 140
total
-
-
-
8 312
Employee
31 526
-
29 332
-
pensions
2 676
-
2 413
-
income
5 678
-
5 301
-
health
458
-
413
-
total
8 812
-
8 127
-
Employer
31 526
-
29 332
-
health
599
-
557
-
pensions
3 413
-
3 111
-
total
4 012
-
3 668
-
Corporate
-
33 000
-
-
income

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

-
6 270
-
-
total
-
6 270
-
-
Dividends
-
26 730
-
-
withholding
-
2 005
-
-
total
-
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 824
8 275
11 795
8 312
After tax
20 176
24 725
21 205
24 688
Living cost
22 714
22 714
22 714
22 714
Free-cash
-2 538
2 011
-1 509
1 974

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
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.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴24205
-₴13072
-₴11384
-₴17366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
other

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

-
-
-
660
regional
-
-
-
806
health
-
-
-
128
city
-
-
-
347
national
-
-
-
112
pensions
-
-
-
3 036
total
-
-
-
5 089
Employee
45 985
-
29 537
-
unemployment
-
-
-
-
pensions
3 863
-
2 481
-
national
218
-
93
-
regional
1 506
-
681
-
city
494
-
317
-
health
104
-
67
-
total
6 185
-
3 639
-
Employer
45 985
-
29 537
-
health
104
-
67
-
pensions
3 863
-
2 481
-
unemployment
-
-
-
-
other

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

919
-
590
-
total
4 886
-
3 138
-
Corporate
-
33 000
-
-
regional
-
6 980
-
-
national
-
2 805
-
-
total
-
9 785
-
-
Dividends
-
23 215
-
-
withholding
-
8 125
-
-
total
-
8 125
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 071
17 910
6 777
5 089
After tax
21 929
15 090
26 223
27 911
Living cost
39 295
39 295
39 295
39 295
Free-cash
-17 366
-24 205
-13 072
-11 384

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴6405
₴2091
₴400
₴1665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
income

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

-
-
-
4 464
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.

-
-
-
246
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.

-
-
-
3 400
trade
-
-
-
1 691
total
-
-
-
9 801
Employee

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

29 909
-
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.

194
-
246
-
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.

3 517
-
4 464
-
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.

3 400
-
3 400
-
total
7 111
-
8 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 091
33 000
-
-
income
464
4 950
-
-
surtax

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

25
272
-
-
chamber of commerce
80
122
-
-
trade
530
5 659
-
-
total
1 099
11 003
-
-
Dividends
1 991
21 997
-
-
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
292
-
-
withholding
309
5 311
-
-
total
326
5 603
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 536
16 606
8 110
9 801
After tax
24 464
16 394
24 890
23 199
Living cost
22 799
22 799
22 799
22 799
Free-cash
1 665
-6 405
2 091
400

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
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.
₴4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴395
₴2836
₴2649
₴2545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
1 698
other
-
-
-
1 023
surtax
-
-
-
-
social contributions
-
-
-
941
health
-
-
-
285
pensions
-
-
-
9 377
total
-
-
-
13 324
Employee
21 300
-
25 146
-
pensions
2 408
-
2 845
-
surtax
-
-
-
-
social contributions
607
-
717
-
income
1 257
-
1 722
-
total
4 272
-
5 284
-
Employer
21 300
-
25 146
-
health
1 491
-
1 760
-
pensions
3 499
-
4 131
-
unemployment
862
-
1 018
-
social contributions
64
-
76
-
other
735
-
868
-
total
6 651
-
7 853
-
Corporate
5 049
33 000
-
-
income
1 414
9 240
-
-
surtax
-
-
-
-
total
1 414
9 240
-
-
Dividends
3 635
23 760
-
-
surtax
-
-
-
-
social contributions
625
4 087
-
-
withholding
466
3 041
-
-
total
1 091
7 128
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 428
16 368
13 137
13 324
After tax
19 572
16 632
19 863
19 676
Living cost
17 027
17 027
17 027
17 027
Free-cash
2 545
-395
2 836
2 649

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1292
₴4523
₴4336
₴4058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
1 698
other
-
-
-
1 023
surtax
-
-
-
-
social contributions
-
-
-
941
health
-
-
-
285
pensions
-
-
-
9 377
total
-
-
-
13 324
Employee
19 013
-
25 146
-
pensions
2 150
-
2 845
-
surtax
-
-
-
-
social contributions
542
-
717
-
income
980
-
1 722
-
total
3 672
-
5 284
-
Employer
19 013
-
25 146
-
health
1 331
-
1 760
-
pensions
3 124
-
4 131
-
unemployment
770
-
1 018
-
social contributions
57
-
76
-
other
656
-
868
-
total
5 938
-
7 853
-
Corporate
8 049
33 000
-
-
income
2 253
9 240
-
-
surtax
-
-
-
-
total
2 253
9 240
-
-
Dividends
5 796
23 760
-
-
surtax
-
-
-
-
social contributions
997
4 087
-
-
withholding
742
3 041
-
-
total
1 739
7 128
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 602
16 368
13 137
13 324
After tax
19 398
16 632
19 863
19 676
Living cost
15 340
15 340
15 340
15 340
Free-cash
4 058
1 292
4 523
4 336

Estimated living cost  is ₴15340 per week

₴8897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9581
₴9066
₴10640
₴9838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
4 950
social contributions
-
-
-
4 554
health
-
-
-
2 303
total
-
-
-
11 807
Employee
16 874
-
33 000
-
social contributions
2 329
-
4 554
-
income
2 814
-
6 524
-
health
1 178
-
2 303
-
total
6 321
-
13 381
-
Employer
16 874
-
33 000
-
total
-
-
-
-
Corporate
16 126
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%.

807
1 650
-
-
total
807
1 650
-
-
Dividends
15 319
31 350
-
-
social contributions
2 114
4 326
-
-
withholding
2 298
4 702
-
-
health
1 069
2 188
-
-
total
5 481
11 216
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 609
12 866
13 381
11 807
After tax
20 391
20 134
19 619
21 193
Living cost
10 553
10 553
10 553
10 553
Free-cash
9 838
9 581
9 066
10 640

Estimated living cost  is ₴10553 per week

₴7062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1243
-₴5556
₴389
₴294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
3 164
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
132
health
-
-
-
2 524
pensions
-
-
-
6 105
total
-
-
-
15 075
Employee
24 872
19 833
25 547
-
other
248
198
256
-
unemployment
746
595
767
-
pensions
2 547
2 031
2 616
-
income
2 831
1 463
3 025
-
health
962
768
989
-
total
7 334
5 055
7 653
-
Employer
24 872
19 833
25 547
-
chamber of commerce
99
79
102
-
health
940
750
966
-
pensions
3 121
2 490
3 206
-
accident
323
258
332
-
unemployment
746
595
767
-
surtax
98
98
98
-
payroll
746
595
767
-
other
1 181
942
1 214
-
total
7 254
5 807
7 452
-
Corporate
1 889
7 361
23 659
-
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.

472
1 840
5 915
-
total
472
1 840
5 915
-
Dividends
401
5 521
-
-
withholding
110
1 519
-
-
total
110
1 519
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 170
14 221
21 020
15 075
After tax
17 830
18 779
11 980
17 925
Living cost
17 536
17 536
17 536
17 536
Free-cash
294
1 243
-5 556
389

Estimated living cost  is ₴17536 per week

₴11696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴423
-₴4277
-₴1072
-₴12962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
communal

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

-
-
-
1 725
social contributions
-
-
-
4 242
national
-
-
-
9 959
total
-
-
-
15 926
Employee

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

35 599
-
25 559
-
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.

310
-
222
-
communal

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

1 857
-
1 334
-
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.

2 670
-
1 917
-
national
10 945
-
7 017
-
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.

1 673
-
1 201
-
total
17 455
-
11 691
-
Employer

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

35 599
-
25 559
-
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.

2 189
-
1 572
-
pensions

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

3 154
-
2 265
-
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.

463
-
332
-
unemployment

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

519
-
373
-
surtax
4 036
-
2 898
-
total
10 361
-
7 440
-
Corporate
-
33 000
-
-
income
-
6 600
-
-
surtax
-
132
-
-
total
-
6 732
-
-
Dividends
-
26 268
-
-
withholding

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

-
7 699
-
-
total
-
7 699
-
-
Income
33 000
33 000
33 000
33 000
Total tax
27 816
14 431
19 131
15 926
After tax
5 184
18 569
13 869
17 074
Living cost
18 146
18 146
18 146
18 146
Free-cash
-12 962
423
-4 277
-1 072

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4300
₴162
-₴71
₴228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
accident
-
-
-
297
income
-
-
-
5 198
other
-
-
-
33
unemployment
-
-
-
231
pensions
-
-
-
9 339
total
-
-
-
15 098
Employee
24 773
-
25 022
-
other
25
-
25
-
unemployment
384
-
388
-
pensions
1 164
-
1 176
-
income
5 227
-
5 298
-
total
6 800
-
6 887
-
Employer
24 773
-
25 022
-
pensions
5 846
-
5 906
-
accident
490
-
496
-
unemployment
1 363
-
1 376
-
other
197
-
200
-
total
7 896
-
7 978
-
Corporate
331
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.

50
4 950
-
-
total
50
4 950
-
-
Dividends
281
28 050
-
-
withholding
53
5 777
-
-
total
53
5 777
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 799
10 727
14 865
15 098
After tax
18 201
22 273
18 135
17 902
Living cost
17 973
17 973
17 973
17 973
Free-cash
228
4 300
162
-71

Estimated living cost  is ₴17973 per week

₴13235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6455
-₴4975
-₴5602
-₴9191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
communal
-
-
-
-
accident
-
-
-
297
income
-
-
-
1 758
surtax
-
-
-
1 746
health
-
-
-
2 475
pensions
-
-
-
5 280
total
-
-
-
11 556
Employee
37 688
-
29 477
-
pensions
3 015
-
2 358
-
surtax
2 310
-
1 807
-
income
3 640
-
1 930
-
health
1 677
-
1 312
-
total
10 642
-
7 407
-
Employer
37 688
-
29 477
-
health
1 149
-
899
-
pensions
3 015
-
2 358
-
accident
339
-
265
-
total
4 503
-
3 522
-
Corporate
-
33 000
-
-
communal
-
2 228
-
-
income
-
4 950
-
-
surtax
-
347
-
-
total
-
7 525
-
-
Dividends
-
25 476
-
-
income
-
1 063
-
-
withholding
-
3 821
-
-
total
-
4 884
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 145
12 409
10 929
11 556
After tax
17 855
20 591
22 071
21 444
Living cost
27 046
27 046
27 046
27 046
Free-cash
-9 191
-6 455
-4 975
-5 602

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9579
₴6382
₴7104
₴7995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
5 243
other
-
-
-
-
surtax
-
-
-
419
unemployment
-
-
-
113
health
-
-
-
2 343
pensions
-
-
-
6 600
total
-
-
-
14 718
Employee
16 760
-
27 262
-
other
-
-
-
-
unemployment
1 166
-
1 897
-
pensions
1 118
-
1 818
-
surtax
59
-
365
-
income
2 810
-
4 927
-
health
428
-
695
-
total
5 581
-
9 702
-
Employer
16 760
-
27 262
-
health
762
-
1 240
-
pensions
2 235
-
3 634
-
unemployment
532
-
864
-
other
-
-
-
-
total
3 529
-
5 738
-
Corporate
12 712
33 000
-
-
income
3 306
8 580
-
-
total
3 306
8 580
-
-
Dividends
9 406
24 420
-
-
withholding
1 411
3 663
-
-
total
1 411
3 663
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 827
12 243
15 440
14 718
After tax
19 173
20 757
17 560
18 282
Living cost
11 178
11 178
11 178
11 178
Free-cash
7 995
9 579
6 382
7 104

Estimated living cost  is ₴11178 per week

₴6749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3940
₴2509
₴4361
₴2835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
497
municipal
-
-
-
196
national
-
-
-
6 052
total
-
-
-
15 233
Employee
27 607
-
33 000
-
municipal
146
-
175
-
national
4 374
-
5 339
-
regional
372
-
444
-
social contributions
9 309
-
11 127
-
total
14 201
-
17 085
-
Employer
27 607
-
33 000
-
total
-
-
-
-
Corporate
5 393
33 000
-
-
municipal
268
1 640
-
-
nationa
1 295
7 920
-
-
total
1 563
9 560
-
-
Dividends
3 830
23 440
-
-
withholding
995
6 094
-
-
total
995
6 094
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 759
15 654
17 085
15 233
After tax
16 241
17 346
15 915
17 767
Living cost
13 406
13 406
13 406
13 406
Free-cash
2 835
3 940
2 509
4 361

Estimated living cost  is ₴13406 per week

₴8337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7681
₴1707
₴1034
₴2316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
2 836
social contributions
-
-
-
9 636
solidarity contribution
-
-
-
-
health
-
-
-
4 455
total
-
-
-
16 927
Employee
22 117
-
24 627
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
1 601
-
income
2 654
-
2 955
-
health
2 986
-
3 325
-
total
7 078
-
7 881
-
Employer
22 117
-
24 627
-
health
1 990
-
2 216
-
social contributions
5 529
-
6 157
-
total
7 519
-
8 373
-
Corporate
3 363
33 000
-
-
income
639
6 270
-
-
total
639
6 270
-
-
Dividends
2 724
26 730
-
-
withholding
409
4 010
-
-
total
409
4 010
-
-
Income
33 000
33 000
33 000
33 000
Total tax
15 645
10 280
16 254
16 927
After tax
17 355
22 720
16 746
16 073
Living cost
15 039
15 039
15 039
15 039
Free-cash
2 316
7 681
1 707
1 034

Estimated living cost  is ₴15039 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴2956
-₴3877
₴2145
₴2710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
3 164
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
132
health
-
-
-
2 524
pensions
-
-
-
6 105
total
-
-
-
14 977
Employee
21 755
19 833
25 624
-
other
217
198
256
-
unemployment
653
595
769
-
pensions
2 228
2 031
2 624
-
income
1 938
1 463
3 048
-
health
841
768
992
-
total
5 877
5 055
7 689
-
Employer
21 755
19 833
25 624
-
chamber of commerce
87
79
103
-
health
823
750
969
-
pensions
2 730
2 490
3 216
-
accident
282
258
333
-
unemployment
653
595
769
-
surtax
-
-
-
-
payroll
653
595
769
-
other
1 033
942
1 217
-
total
6 261
5 709
7 376
-
Corporate
4 985
7 459
23 735
-
income

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

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

1 246
1 864
5 934
-
total
1 246
1 864
5 934
-
Dividends
3 739
5 594
-
-
withholding
1 028
1 538
-
-
total
1 028
1 538
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 412
14 166
20 999
14 977
After tax
18 588
18 834
12 001
18 023
Living cost
15 878
15 878
15 878
15 878
Free-cash
2 710
2 956
-3 877
2 145

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25101
₴20151
₴26421
₴23930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
microenterprise

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

-
-
-
330
total
-
-
-
330
Employee
7 811
-
33 000
-
income
1 562
-
6 600
-
total
1 562
-
6 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

25 189
33 000
-
-
total
-
-
-
-
Dividends
25 189
33 000
-
-
withholding
1 259
1 650
-
-
total
1 259
1 650
-
-
Income
33 000
33 000
33 000
33 000
Total tax
2 821
1 650
6 600
330
After tax
30 179
31 350
26 400
32 670
Living cost
6 249
6 249
6 249
6 249
Free-cash
23 930
25 101
20 151
26 421

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9372
₴3515
₴4461
₴5211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
33 000
income
-
-
-
5 868
unemployment
-
-
-
49
health
-
-
-
3 247
pensions
-
-
-
6 026
total
-
-
-
15 190
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.

22 007
-
28 555
-
unemployment
31
-
40
-
pensions
3 411
-
4 426
-
income
3 795
-
5 381
-
health
1 421
-
1 844
-
total
8 658
-
11 691
-
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.

22 007
-
28 555
-
health
1 466
-
1 901
-
pensions
1 947
-
2 527
-
unemployment
13
-
17
-
total
3 426
-
4 445
-
Corporate
7 566
33 000
-
-
income
1 437
6 270
-
-
total
1 437
6 270
-
-
Dividends
6 129
26 730
-
-
withholding
919
4 009
-
-
total
919
4 009
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 440
10 279
16 136
15 190
After tax
18 560
22 721
16 864
17 810
Living cost
13 349
13 349
13 349
13 349
Free-cash
5 211
9 372
3 515
4 461

Estimated living cost  is ₴13349 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1181
₴5261
₴1548
-₴40460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
6 432
social contributions
-
-
-
3 762
total
-
-
-
10 194
Employee
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
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
52 202
12 923
6 481
10 194
After tax
-19 202
20 077
26 519
22 806
Living cost
21 258
21 258
21 258
21 258
Free-cash
-40 460
-1 181
5 261
1 548

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3160
₴2184
₴3262
₴2660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
income
-
-
-
2 661
surtax
-
-
-
-
social contributions

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

-
-
-
11 467
total
-
-
-
14 128
Employee
22 889
-
26 667
-
surtax
-
-
-
-
social contributions
2 518
-
2 933
-
income
4 761
-
5 940
-
total
7 279
-
8 873
-
Employer
22 889
-
26 667
-
social contributions
5 436
-
6 333
-
total
5 436
-
6 333
-
Corporate
4 675
33 000
-
-
income
981
6 930
-
-
surtax
-
-
-
-
total
981
6 930
-
-
Dividends
3 693
26 070
-
-
withholding
1 034
7 300
-
-
total
1 034
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 730
14 230
15 206
14 128
After tax
18 270
18 770
17 794
18 872
Living cost
15 610
15 610
15 610
15 610
Free-cash
2 660
3 160
2 184
3 262

Estimated living cost  is ₴15610 per week

₴11680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7405
-₴4174
-₴4361
-₴7907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
1 698
other
-
-
-
1 023
surtax
-
-
-
-
social contributions
-
-
-
941
health
-
-
-
285
pensions
-
-
-
9 377
total
-
-
-
13 324
Employee
31 170
-
25 146
-
pensions
3 526
-
2 845
-
surtax
-
-
-
-
social contributions
888
-
717
-
income
2 720
-
1 722
-
total
7 134
-
5 284
-
Employer
31 170
-
25 146
-
health
2 182
-
1 760
-
pensions
5 122
-
4 131
-
unemployment
1 263
-
1 018
-
social contributions
93
-
76
-
other
1 076
-
868
-
total
9 736
-
7 853
-
Corporate
-
33 000
-
-
income
-
9 240
-
-
surtax
-
-
-
-
total
-
9 240
-
-
Dividends
-
23 760
-
-
surtax
-
-
-
-
social contributions
-
4 087
-
-
withholding
-
3 041
-
-
total
-
7 128
-
-
Income
33 000
33 000
33 000
33 000
Total tax
16 870
16 368
13 137
13 324
After tax
16 130
16 632
19 863
19 676
Living cost
24 037
24 037
24 037
24 037
Free-cash
-7 907
-7 405
-4 174
-4 361

Estimated living cost  is ₴24037 per week

₴16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴14740
₴11552
₴10626
₴13068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
154
social contributions
-
-
-
7 260
total
-
-
-
7 414
Employee
16 000
-
28 572
-
income
-
-
202
-
social contributions
1 040
-
1 858
-
total
1 040
-
2 060
-
Employer
16 000
-
28 572
-
social contributions
2 480
-
4 428
-
total
2 480
-
4 428
-
Corporate
14 520
33 000
-
-
income
1 452
3 300
-
-
total
1 452
3 300
-
-
Dividends
13 069
29 700
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
4 972
3 300
6 488
7 414
After tax
28 028
29 700
26 512
25 586
Living cost
14 960
14 960
14 960
14 960
Free-cash
13 068
14 740
11 552
10 626

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
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.
₴3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴75427
-₴75427
-₴2831
-₴75427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
labour market
-
-
-
2 606
municipal
-
-
-
5 583
national
-
-
-
3 244
pensions
-
-
-
431
total
-
-
-
11 864
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
84 460
84 460
84 460
11 864
After tax
-51 460
-51 460
-51 460
21 136
Living cost
23 967
23 967
23 967
23 967
Free-cash
-75 427
-75 427
-75 427
-2 831

Estimated living cost  is ₴23967 per week

₴16403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8274
₴6172
₴11814
₴994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
accident
-
-
-
128
income
-
-
-
6 722
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
10 239
Employee
17 220
-
27 413
-
pensions
1 939
-
3 087
-
income
2 362
-
4 068
-
health
1 972
-
3 139
-
total
6 273
-
10 294
-
Employer
17 220
-
27 413
-
pensions
2 800
-
4 457
-
accident
288
-
458
-
unemployment
422
-
672
-
total
3 510
-
5 587
-
Corporate
12 271
33 000
-
-
income

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

11 043
29 700
-
-
total
11 043
29 700
-
-
Dividends
1 227
3 300
-
-
withholding
233
627
-
-
total
233
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
21 059
30 327
15 881
10 239
After tax
11 941
2 673
17 119
22 761
Living cost
10 947
10 947
10 947
10 947
Free-cash
994
-8 274
6 172
11 814

Estimated living cost  is ₴10947 per week

₴7968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3538
₴1047
₴5868
₴1298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
300
municipal
-
-
-
5 886
national
-
-
-
1 839
total
-
-
-
8 025
Employee
26 184
-
27 762
-
municipal
4 289
-
4 546
-
unemployment
393
-
416
-
pensions
1 767
-
1 874
-
national
433
-
553
-
health
195
-
220
-
total
7 077
-
7 609
-
Employer
26 184
-
27 762
-
health
201
-
213
-
pensions
4 543
-
4 817
-
accident
26
-
27
-
unemployment
170
-
180
-
total
4 940
-
5 237
-
Corporate
1 876
33 000
-
-
income
375
6 600
-
-
total
375
6 600
-
-
Dividends

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

1 126
19 800
-
-
municipal
203
3 564
-
-
national
-
191
-
-
total
203
3 755
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 595
10 355
12 846
8 025
After tax
20 405
22 645
20 154
24 975
Living cost
19 107
19 107
19 107
19 107
Free-cash
1 298
3 538
1 047
5 868

Estimated living cost  is ₴19107 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10223
₴11648
₴13741
₴10020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
1 747
social contributions
-
-
-
5 148
health
-
-
-
841
total
-
-
-
7 736
Employee
38 269
38 269
38 269
-
social contributions
1 447
3 176
2 487
-
income
4 167
3 543
3 792
-
health
297
651
509
-
total
5 911
7 370
6 788
-
Employer
38 269
38 269
38 269
-
health
322
708
554
-
social contributions
1 447
3 176
2 487
-
total
1 769
3 884
3 041
-
Corporate
13 798
-
-
-
income
1 725
-
-
-
total
1 725
-
-
-
Dividends
12 074
-
-
-
withholding
2 052
-
-
-
total
2 052
-
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 457
11 254
9 829
7 736
After tax
21 543
21 746
23 171
25 264
Living cost
11 523
11 523
11 523
11 523
Free-cash
10 020
10 223
11 648
13 741

Estimated living cost  is ₴11523 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19425
₴12513
₴17211
₴16893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
33 000
income
-
-
-
2 906
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
7 887
Employee

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

11 423
-
29 919
-
unemployment
57
-
149
-
pensions
1 713
-
4 488
-
income
781
-
2 325
-
health
971
-
2 543
-
total
3 522
-
9 505
-
Employer

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

11 423
-
29 919
-
health
491
-
1 286
-
pensions
628
-
1 645
-
unemployment
57
-
149
-
total
1 176
-
3 080
-
Corporate
20 401
33 000
-
-
income
1 836
2 970
-
-
total
1 836
2 970
-
-
Dividends
18 565
30 030
-
-
withholding
1 671
2 703
-
-
total
1 671
2 703
-
-
Income
33 000
33 000
33 000
33 000
Total tax
8 205
5 673
12 585
7 887
After tax
24 795
27 327
20 415
25 113
Living cost
7 902
7 902
7 902
7 902
Free-cash
16 893
19 425
12 513
17 211

Estimated living cost  is ₴7902 per week

₴5041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Podgorica model

Close
Valencia , Spain
₴8588
₴4450
₴4217
₴5978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
accident
-
-
-
297
income
-
-
-
5 198
other
-
-
-
33
unemployment
-
-
-
231
pensions
-
-
-
9 339
total
-
-
-
15 098
Employee
18 402
-
25 022
-
other
18
-
25
-
unemployment
285
-
388
-
pensions
865
-
1 176
-
income
3 548
-
5 298
-
total
4 716
-
6 887
-
Employer
18 402
-
25 022
-
pensions
4 342
-
5 906
-
accident
365
-
496
-
unemployment
1 012
-
1 376
-
other
147
-
200
-
total
5 866
-
7 978
-
Corporate
8 731
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.

1 310
4 950
-
-
total
1 310
4 950
-
-
Dividends
7 421
28 050
-
-
withholding
1 445
5 777
-
-
total
1 445
5 777
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 337
10 727
14 865
15 098
After tax
19 663
22 273
18 135
17 902
Living cost
13 685
13 685
13 685
13 685
Free-cash
5 978
8 588
4 450
4 217

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19584
₴19778
₴19850
₴19418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
10 874
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
12 142
Employee
1 535
-
32 173
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
10 835
-
health
77
-
184
-
total
527
-
11 387
-
Employer
1 535
-
32 173
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
31 119
33 000
-
-
income
6 846
7 260
-
-
total
6 846
7 260
-
-
Dividends
24 273
25 740
-
-
withholding
4 855
5 148
-
-
total
4 855
5 148
-
-
Income
33 000
33 000
33 000
33 000
Total tax
12 574
12 408
12 214
12 142
After tax
20 426
20 592
20 786
20 858
Living cost
1 008
1 008
1 008
1 008
Free-cash
19 418
19 584
19 778
19 850

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴15251
₴8994
₴7613
₴12808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
33 000
income
-
-
-
4 323
unemployment
-
-
-
495
health
-
-
-
3 399
pensions
-
-
-
8 580
total
-
-
-
16 797
Employee

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

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

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

12 954
-
27 990
-
unemployment
97
-
210
-
pensions
1 814
-
3 919
-
income
1 786
-
4 836
-
health
667
-
1 441
-
total
4 364
-
10 406
-
Employer

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

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

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

12 954
-
27 990
-
health
667
-
1 441
-
pensions
1 554
-
3 359
-
unemployment
97
-
210
-
total
2 318
-
5 010
-
Corporate
17 727
33 000
-
-
income
2 659
4 950
-
-
total
2 659
4 950
-
-
Dividends
15 068
28 050
-
-
withholding
2 260
4 208
-
-
total
2 260
4 208
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 601
9 158
15 416
16 797
After tax
21 399
23 842
17 584
16 203
Living cost
8 590
8 590
8 590
8 590
Free-cash
12 808
15 251
8 994
7 613

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
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.
₴1893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5353
₴4377
₴5455
₴5173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
income
-
-
-
2 661
surtax
-
-
-
-
social contributions

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

-
-
-
11 467
total
-
-
-
14 128
Employee
19 316
-
26 667
-
surtax
-
-
-
-
social contributions
2 125
-
2 933
-
income
3 774
-
5 940
-
total
5 899
-
8 873
-
Employer
19 316
-
26 667
-
social contributions
4 587
-
6 333
-
total
4 587
-
6 333
-
Corporate
9 097
33 000
-
-
income
1 911
6 930
-
-
surtax
-
-
-
-
total
1 911
6 930
-
-
Dividends
7 186
26 070
-
-
withholding
2 013
7 300
-
-
total
2 013
7 300
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 410
14 230
15 206
14 128
After tax
18 590
18 770
17 794
18 872
Living cost
13 417
13 417
13 417
13 417
Free-cash
5 173
5 353
4 377
5 455

Estimated living cost  is ₴13417 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
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.
₴2745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4783
₴645
₴412
₴895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
accident
-
-
-
297
income
-
-
-
5 198
other
-
-
-
33
unemployment
-
-
-
231
pensions
-
-
-
9 339
total
-
-
-
15 098
Employee
24 035
-
25 022
-
other
24
-
25
-
unemployment
372
-
388
-
pensions
1 130
-
1 176
-
income
5 020
-
5 298
-
total
6 546
-
6 887
-
Employer
24 035
-
25 022
-
pensions
5 672
-
5 906
-
accident
476
-
496
-
unemployment
1 322
-
1 376
-
other
193
-
200
-
total
7 663
-
7 978
-
Corporate
1 301
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.

195
4 950
-
-
total
195
4 950
-
-
Dividends
1 106
28 050
-
-
withholding
211
5 777
-
-
total
211
5 777
-
-
Income
33 000
33 000
33 000
33 000
Total tax
14 615
10 727
14 865
15 098
After tax
18 385
22 273
18 135
17 902
Living cost
17 490
17 490
17 490
17 490
Free-cash
895
4 783
645
412

Estimated living cost  is ₴17490 per week

₴12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
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.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19656
₴15557
₴14850
₴16623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
4 950
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
9 591
Employee
11 334
-
29 590
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

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

995
-
1 526
-
income
1 134
-
2 959
-
health
521
-
799
-
total
2 775
-
5 475
-
Employer
11 334
-
29 590
-
health
782
-
1 199
-
pensions

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

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
19 443
33 000
-
-
income
1 944
3 300
-
-
total
1 944
3 300
-
-
Dividends
17 499
29 700
-
-
withholding
875
1 485
-
-
total
875
1 485
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 818
4 785
8 884
9 591
After tax
25 182
28 215
24 116
23 409
Living cost
8 559
8 559
8 559
8 559
Free-cash
16 623
19 656
15 557
14 850

Estimated living cost  is ₴8559 per week

₴5661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2141
₴5676
₴4261
₴4371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 000
income

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

-
-
-
4 464
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.

-
-
-
246
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.

-
-
-
3 400
trade
-
-
-
1 415
total
-
-
-
9 525
Employee

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

24 762
-
33 000
-
surtax

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

112
-
246
-
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.

2 036
-
4 464
-
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.

3 400
-
3 400
-
total
5 548
-
8 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 238
33 000
-
-
income
1 235
4 950
-
-
surtax

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

68
272
-
-
chamber of commerce
88
124
-
-
trade
1 182
4 735
-
-
total
2 573
10 081
-
-
Dividends
5 664
22 919
-
-
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.

67
305
-
-
withholding
1 227
5 541
-
-
total
1 294
5 846
-
-
Income
33 000
33 000
33 000
33 000
Total tax
9 415
15 927
8 110
9 525
After tax
23 585
17 073
24 890
23 475
Living cost
19 214
19 214
19 214
19 214
Free-cash
4 371
-2 141
5 676
4 261

Estimated living cost  is ₴19214 per week

₴13254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5250
-₴2973
-₴2973
-₴5930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
income
-
-
-
5 041
social contributions
-
-
-
2 582
total
-
-
-
7 623
Employee
38 929
-
33 000
-
income
7 346
-
5 041
-
social contributions
3 234
-
2 582
-
total
10 580
-
7 623
-
Employer
38 929
-
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
10 580
9 900
7 623
7 623
After tax
22 420
23 100
25 377
25 377
Living cost
28 350
28 350
28 350
28 350
Free-cash
-5 930
-5 250
-2 973
-2 973

Estimated living cost  is ₴28350 per week

₴21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴755
₴5910
-₴2249
₴3638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 166
health

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

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
30 711
-
income
2 477
-
4 446
-
social contributions
2 287
-
2 289
-
total
4 764
-
6 735
-
Employer
22 830
-
30 711
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
7 882
33 000
-
-
income
2 759
11 550
-
-
total
2 759
11 550
-
-
Dividends
5 124
21 450
-
-
social contributions
1 486
2 629
-
-
total
1 486
2 629
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 296
14 179
9 024
17 183
After tax
21 704
18 821
23 976
15 817
Living cost
18 066
18 066
18 066
18 066
Free-cash
3 638
755
5 910
-2 249

Estimated living cost  is ₴18066 per week

₴11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6259
₴2739
₴6222
₴3453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 172
pensions
-
-
-
2 140
total
-
-
-
8 312
Employee
25 347
-
29 332
-
pensions
1 935
-
2 413
-
income
4 616
-
5 301
-
health
331
-
413
-
total
6 882
-
8 127
-
Employer
25 347
-
29 332
-
health
482
-
557
-
pensions
2 561
-
3 111
-
total
3 043
-
3 668
-
Corporate
4 610
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.

876
6 270
-
-
total
876
6 270
-
-
Dividends
3 734
26 730
-
-
withholding
280
2 005
-
-
total
280
2 005
-
-
Income
33 000
33 000
33 000
33 000
Total tax
11 081
8 275
11 795
8 312
After tax
21 919
24 725
21 205
24 688
Living cost
18 466
18 466
18 466
18 466
Free-cash
3 453
6 259
2 739
6 222

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴9358
₴5088
₴10730
₴827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 000
accident
-
-
-
128
income
-
-
-
6 722
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
10 239
Employee
18 925
-
27 413
-
pensions
2 131
-
3 087
-
income
2 596
-
4 068
-
health
2 167
-
3 139
-
total
6 894
-
10 294
-
Employer
18 925
-
27 413
-
pensions
3 077
-
4 457
-
accident
316
-
458
-
unemployment
464
-
672
-
total
3 857
-
5 587
-
Corporate
10 219
33 000
-
-
income

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

9 197
29 700
-
-
total
9 197
29 700
-
-
Dividends
1 022
3 300
-
-
withholding
194
627
-
-
total
194
627
-
-
Income
33 000
33 000
33 000
33 000
Total tax
20 142
30 327
15 881
10 239
After tax
12 858
2 673
17 119
22 761
Living cost
12 031
12 031
12 031
12 031
Free-cash
827
-9 358
5 088
10 730

Estimated living cost  is ₴12031 per week

₴8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21326
₴12587
₴12587
₴18906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 614
unemployment
-
-
-
396
work injury
-
-
-
165
health insurance
-
-
-
2 442
pensions
-
-
-
6 072
total
-
-
-
13 689
Employee

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

10 758
-
33 000
-
health insurance
796
-
2 442
-
unemployment
129
-
396
-
work injury
54
-
165
-
pensions
1 979
-
6 072
-
income
1 076
-
4 614
-
total
4 034
-
13 689
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 242
33 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
22 242
33 000
-
-
withholding
3 336
4 950
-
-
total
3 336
4 950
-
-
Income
33 000
33 000
33 000
33 000
Total tax
7 370
4 950
13 689
13 689
After tax
25 630
28 050
19 311
19 311
Living cost
6 724
6 724
6 724
6 724
Free-cash
18 906
21 326
12 587
12 587

Estimated living cost  is ₴6724 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₴2444
-₴3944
-₴2114
-₴8937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
527
municipal
-
-
-
221
national
-
-
-
6 052
total
-
-
-
15 288
Employee
41 937
-
33 000
-
municipal
250
-
196
-
national
7 087
-
5 339
-
regional
633
-
456
-
social contributions
14 141
-
11 127
-
total
22 111
-
17 118
-
Employer
41 937
-
33 000
-
total
-
-
-
-
Corporate
-
33 000
-
-
municipal
-
1 590
-
-
nationa
-
7 920
-
-
total
-
9 510
-
-
Dividends
-
23 490
-
-
withholding
-
6 108
-
-
total
-
6 108
-
-
Income
33 000
33 000
33 000
33 000
Total tax
22 111
15 618
17 118
15 288
After tax
10 889
17 382
15 882
17 712
Living cost
19 826
19 826
19 826
19 826
Free-cash
-8 937
-2 444
-3 944
-2 114

Estimated living cost  is ₴19826 per week

₴13927
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.
₴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.
₴4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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