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
₴ 33500
per

Your estimated
City
free-cash

Dresden , Germany
₴2032
₴10249
₴8587
₴7491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
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.

-
-
-
4 670
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.

-
-
-
257
health

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

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

-
-
-
3 372
trade
-
-
-
1 662
total
-
-
-
9 961
Employee

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

18 881
-
33 500
-
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
-
257
-
income

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

527
-
4 670
-
health

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

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

3 372
-
3 372
-
total
3 928
-
8 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 619
33 500
-
-
income
2 193
5 025
-
-
surtax

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

121
276
-
-
chamber of commerce
96
123
-
-
trade
2 303
5 276
-
-
total
4 713
10 700
-
-
Dividends
9 907
22 800
-
-
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.

126
304
-
-
withholding
2 290
5 512
-
-
total
2 416
5 816
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 057
16 516
8 299
9 961
After tax
22 443
16 984
25 201
23 539
Living cost
14 952
14 952
14 952
14 952
Free-cash
7 491
2 032
10 249
8 587

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₴5311
-₴5149
-₴5412
-₴10827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
360
municipal
-
-
-
3 262
national
-
-
-
5 055
pensions
-
-
-
4 020
total
-
-
-
12 697
Employee
40 639
-
28 960
-
municipal
5 020
-
3 392
-
pensions
1 626
-
1 158
-
national
7 778
-
5 256
-
total
14 424
-
9 806
-
Employer
40 639
-
28 960
-
pensions
3 251
-
2 317
-
social contributions
437
-
311
-
total
3 688
-
2 628
-
Corporate
-
33 500
-
-
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%.

-
6 700
-
-
total
-
6 700
-
-
Dividends
-
26 800
-
-
withholding
-
5 896
-
-
total
-
5 896
-
-
Income
33 500
33 500
33 500
33 500
Total tax
18 112
12 596
12 434
12 697
After tax
15 388
20 904
21 066
20 803
Living cost
26 215
26 215
26 215
26 215
Free-cash
-10 827
-5 311
-5 149
-5 412

Estimated living cost  is ₴26215 per week

₴17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴16530
₴8793
₴16651
₴12480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 554
microenterprise
-
-
-
5 025
total
-
-
-
6 579
Employee
14 425
-
26 997
-
surtax
-
-
-
-
social contributions

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

1 587
-
2 970
-
income
2 568
-
4 964
-
total
4 155
-
7 934
-
Employer
14 425
-
26 997
-
social contributions

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

3 475
-
6 503
-
surtax
-
-
-
-
total
3 475
-
6 503
-
Corporate
15 601
33 500
-
-
income

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

3 120
6 700
-
-
total
3 120
6 700
-
-
Dividends

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

12 480
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 750
6 700
14 437
6 579
After tax
22 750
26 800
19 063
26 921
Living cost
10 270
10 270
10 270
10 270
Free-cash
12 480
16 530
8 793
16 651

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₴12750
-₴15520
-₴1576
-₴15520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 602
health
-
-
-
5 010
pensions
-
-
-
5 784
total
-
-
-
14 396
Employee
42 155
42 155
42 155
-
pensions
7 588
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
6 470
-
total
20 958
18 188
20 958
-
Employer
42 155
42 155
42 155
-
health
2 930
2 930
2 930
-
pensions
2 934
2 934
2 934
-
unemployment
1 518
1 518
1 518
-
total
7 382
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
28 340
25 570
28 340
14 396
After tax
5 160
7 930
5 160
19 104
Living cost
20 680
20 680
20 680
20 680
Free-cash
-15 520
-12 750
-15 520
-1 576

Estimated living cost  is ₴20680 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₴1934
-₴2336
-₴3526
-₴4374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
67
other
-
-
-
3 893
unemployment
-
-
-
34
health
-
-
-
2 090
municipal
-
-
-
7 096
national
-
-
-
-
pensions
-
-
-
3 621
total
-
-
-
16 801
Employee
28 819
-
25 491
-
municipal
8 594
-
7 601
-
national
-
-
-
-
total
8 594
-
7 601
-
Employer
28 819
-
25 491
-
health
1 772
-
1 568
-
pensions
3 115
-
2 756
-
accident
58
-
51
-
unemployment
761
-
673
-
other
3 349
-
2 962
-
total
9 055
-
8 010
-
Corporate
-
33 500
-
-
income
-
7 370
-
-
total
-
7 370
-
-
Dividends
-
26 130
-
-
withholding
-
7 839
-
-
total
-
7 839
-
-
Income
33 500
33 500
33 500
33 500
Total tax
17 649
15 209
15 611
16 801
After tax
15 851
18 291
17 889
16 699
Living cost
20 225
20 225
20 225
20 225
Free-cash
-4 374
-1 934
-2 336
-3 526

Estimated living cost  is ₴20225 per week

₴13404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₴2582
₴5808
₴4073
₴4356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
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.

-
-
-
4 670
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.

-
-
-
257
health

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

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

-
-
-
3 372
trade
-
-
-
1 735
total
-
-
-
10 034
Employee

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

25 034
-
33 500
-
surtax

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

118
-
257
-
income

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

2 151
-
4 670
-
health

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

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

3 372
-
3 372
-
total
5 641
-
8 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 466
33 500
-
-
income
1 270
5 025
-
-
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.

70
276
-
-
chamber of commerce
87
123
-
-
trade
1 393
5 511
-
-
total
2 820
10 935
-
-
Dividends
5 645
22 565
-
-
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
300
-
-
withholding
1 223
5 454
-
-
total
1 290
5 754
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 751
16 689
8 299
10 034
After tax
23 749
16 811
25 201
23 466
Living cost
19 393
19 393
19 393
19 393
Free-cash
4 356
-2 582
5 808
4 073

Estimated living cost  is ₴19393 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴6327
₴7619
₴9519
₴6554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 890
social contributions
-
-
-
5 226
health
-
-
-
854
total
-
-
-
7 970
Employee
37 959
37 959
37 959
-
social contributions
1 845
3 150
2 525
-
income
3 986
3 514
3 740
-
health
378
645
517
-
total
6 209
7 309
6 782
-
Employer
37 959
37 959
37 959
-
health
411
703
563
-
social contributions
1 845
3 150
2 525
-
total
2 256
3 853
3 088
-
Corporate
9 025
-
-
-
income
1 128
-
-
-
total
1 128
-
-
-
Dividends
7 897
-
-
-
withholding
1 342
-
-
-
total
1 342
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 935
11 162
9 870
7 970
After tax
22 565
22 338
23 630
25 530
Living cost
16 011
16 011
16 011
16 011
Free-cash
6 554
6 327
7 619
9 519

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴9875
₴10362
₴14149
₴10063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
4 095
unemployment
-
-
-
503
health
-
-
-
2 345
pensions
-
-
-
3 350
total
-
-
-
10 293
Employee

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

The minimum wage is 138,000 HUF per month.

13 076
5 204
28 033
-
unemployment
196
78
421
-
pensions
1 308
520
2 803
-
income
1 599
636
3 427
-
health
915
364
1 962
-
total
4 018
1 598
8 613
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 076
5 204
28 033
-
pensions
2 550
1 015
5 467
-
total
2 550
1 015
5 467
-
Corporate
17 874
27 281
-
-
income
1 609
2 455
-
-
total
1 609
2 455
-
-
Dividends
16 266
24 826
-
-
social contributions
3 112
4 782
-
-
withholding
3 090
4 717
-
-
total
6 202
9 499
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 379
14 567
14 080
10 293
After tax
19 121
18 933
19 420
23 207
Living cost
9 058
9 058
9 058
9 058
Free-cash
10 063
9 875
10 362
14 149

Estimated living cost  is ₴9058 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₴14877
₴7387
₴6162
₴11810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
4 360
health
-
-
-
4 355
pensions
-
-
-
6 700
total
-
-
-
15 415
Employee
14 004
-
25 037
-
unemployment
224
-
401
-
pensions
280
-
501
-
income
1 577
-
4 827
-
total
2 081
-
5 729
-
Employer
14 004
-
25 037
-
health
1 820
-
3 254
-
pensions
2 801
-
5 007
-
unemployment
112
-
200
-
total
4 733
-
8 461
-
Corporate
14 762
33 500
-
-
income
2 953
6 700
-
-
total
2 953
6 700
-
-
Dividends
11 810
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 767
6 700
14 190
15 415
After tax
23 733
26 800
19 310
18 085
Living cost
11 923
11 923
11 923
11 923
Free-cash
11 810
14 877
7 387
6 162

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴8281
₴6315
₴12103
₴1027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
126
income
-
-
-
6 922
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
10 402
Employee
17 295
-
27 829
-
pensions
1 947
-
3 133
-
income
2 373
-
4 199
-
health
1 980
-
3 186
-
total
6 300
-
10 518
-
Employer
17 295
-
27 829
-
pensions
2 812
-
4 525
-
accident
289
-
465
-
unemployment
424
-
682
-
total
3 525
-
5 672
-
Corporate
12 680
33 500
-
-
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.

11 412
30 150
-
-
total
11 412
30 150
-
-
Dividends
1 268
3 350
-
-
withholding
241
636
-
-
total
241
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 478
30 786
16 190
10 402
After tax
12 022
2 714
17 310
23 098
Living cost
10 995
10 995
10 995
10 995
Free-cash
1 027
-8 281
6 315
12 103

Estimated living cost  is ₴10995 per week

₴8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴27830
₴22805
₴29170
₴27081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
33 500
microenterprise

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

-
-
-
335
total
-
-
-
335
Employee
4 994
-
33 500
-
income
999
-
6 700
-
total
999
-
6 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

28 506
33 500
-
-
total
-
-
-
-
Dividends
28 506
33 500
-
-
withholding
1 425
1 675
-
-
total
1 425
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 424
1 675
6 700
335
After tax
31 076
31 825
26 800
33 165
Living cost
3 995
3 995
3 995
3 995
Free-cash
27 081
27 830
22 805
29 170

Estimated living cost  is ₴3995 per week

₴2476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴11458
₴6480
₴4985
₴8125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
4 255
other
-
-
-
1 592
health
-
-
-
1 474
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.

-
-
-
8 040
total
-
-
-
15 361
Employee
17 924
-
26 757
-
unemployment
179
-
268
-
pensions

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

1 254
-
1 873
-
income
3 086
-
4 606
-
health
251
-
375
-
total
4 770
-
7 122
-
Employer
17 924
-
26 757
-
health
251
-
375
-
pensions

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

3 047
-
4 549
-
accident
143
-
214
-
unemployment
179
-
268
-
other
897
-
1 338
-
total
4 517
-
6 744
-
Corporate
11 059
33 500
-
-
income
2 322
7 035
-
-
total
2 322
7 035
-
-
Dividends
8 737
26 465
-
-
withholding
612
1 853
-
-
total
612
1 853
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 221
8 888
13 866
15 361
After tax
21 279
24 612
19 634
18 139
Living cost
13 154
13 154
13 154
13 154
Free-cash
8 125
11 458
6 480
4 985

Estimated living cost  is ₴13154 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₴7716
-₴11334
-₴7773
-₴19293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
6 261
pensions
-
-
-
2 196
total
-
-
-
8 457
Employee
46 430
-
29 755
-
pensions
4 479
-
2 478
-
income
8 369
-
5 371
-
health
765
-
424
-
total
13 613
-
8 273
-
Employer
46 430
-
29 755
-
health
882
-
565
-
pensions
5 482
-
3 180
-
total
6 364
-
3 745
-
Corporate
-
33 500
-
-
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.

-
6 365
-
-
total
-
6 365
-
-
Dividends
-
27 135
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
19 977
8 400
12 018
8 457
After tax
13 523
25 100
21 482
25 043
Living cost
32 816
32 816
32 816
32 816
Free-cash
-19 293
-7 716
-11 334
-7 773

Estimated living cost  is ₴32816 per week

₴24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₴22162
₴18120
₴17384
₴19866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 025
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
9 635
Employee
8 582
-
30 112
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
3 011
-
health
395
-
794
-
total
2 101
-
5 511
-
Employer
8 582
-
30 112
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
23 234
33 500
-
-
income
2 323
3 350
-
-
total
2 323
3 350
-
-
Dividends
20 911
30 150
-
-
withholding
1 046
1 507
-
-
total
1 046
1 507
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 153
4 857
8 899
9 635
After tax
26 347
28 643
24 601
23 865
Living cost
6 481
6 481
6 481
6 481
Free-cash
19 866
22 162
18 120
17 384

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴19443
-₴22213
-₴8269
-₴20280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 602
health
-
-
-
5 010
pensions
-
-
-
5 784
total
-
-
-
14 396
Employee
45 767
42 155
42 155
-
pensions
5 784
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
6 470
-
total
18 394
18 188
20 958
-
Employer
45 767
42 155
42 155
-
health
3 180
2 930
2 930
-
pensions
3 185
2 934
2 934
-
unemployment
1 648
1 518
1 518
-
total
8 013
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
26 407
25 570
28 340
14 396
After tax
7 093
7 930
5 160
19 104
Living cost
27 373
27 373
27 373
27 373
Free-cash
-20 280
-19 443
-22 213
-8 269

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴10798
₴4733
₴4050
₴6421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
2 879
social contributions
-
-
-
9 782
solidarity contribution
-
-
-
-
health
-
-
-
4 522
total
-
-
-
17 183
Employee
18 040
-
25 000
-
solidarity contribution
-
-
-
-
social contributions
1 173
-
1 625
-
income
2 165
-
3 000
-
health
2 435
-
3 375
-
total
5 773
-
8 000
-
Employer
18 040
-
25 000
-
health
1 624
-
2 250
-
social contributions
4 510
-
6 250
-
total
6 134
-
8 500
-
Corporate
9 326
33 500
-
-
income
1 772
6 365
-
-
total
1 772
6 365
-
-
Dividends
7 554
27 135
-
-
withholding
1 133
4 070
-
-
total
1 133
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 812
10 435
16 500
17 183
After tax
18 688
23 065
17 000
16 317
Living cost
12 267
12 267
12 267
12 267
Free-cash
6 421
10 798
4 733
4 050

Estimated living cost  is ₴12267 per week

₴8521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₴2956
-₴4538
-₴2647
-₴10372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
8 617
regional
-
-
-
344
municipal
-
-
-
199
national
-
-
-
6 157
total
-
-
-
15 317
Employee
43 872
-
33 500
-
municipal
232
-
178
-
national
7 602
-
5 433
-
regional
414
-
301
-
social contributions
14 794
-
11 296
-
total
23 042
-
17 208
-
Employer
43 872
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 307
-
-
nationa
-
8 040
-
-
total
-
9 347
-
-
Dividends
-
24 153
-
-
withholding
-
6 279
-
-
total
-
6 279
-
-
Income
33 500
33 500
33 500
33 500
Total tax
23 042
15 626
17 208
15 317
After tax
10 458
17 874
16 292
18 183
Living cost
20 830
20 830
20 830
20 830
Free-cash
-10 372
-2 956
-4 538
-2 647

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴10179
₴6877
₴7610
₴8643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 363
other
-
-
-
-
surtax
-
-
-
443
unemployment
-
-
-
112
health
-
-
-
2 379
pensions
-
-
-
6 700
total
-
-
-
14 997
Employee
16 325
-
27 675
-
other
-
-
-
-
unemployment
1 136
-
1 926
-
pensions
1 089
-
1 845
-
surtax
53
-
388
-
income
2 736
-
5 041
-
health
417
-
705
-
total
5 431
-
9 905
-
Employer
16 325
-
27 675
-
health
743
-
1 259
-
pensions
2 176
-
3 689
-
unemployment
517
-
877
-
other
-
-
-
-
total
3 436
-
5 825
-
Corporate
13 739
33 500
-
-
income
3 572
8 710
-
-
total
3 572
8 710
-
-
Dividends
10 167
24 790
-
-
withholding
1 525
3 718
-
-
total
1 525
3 718
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 964
12 428
15 730
14 997
After tax
19 536
21 072
17 770
18 503
Living cost
10 893
10 893
10 893
10 893
Free-cash
8 643
10 179
6 877
7 610

Estimated living cost  is ₴10893 per week

₴6661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴2681
-₴937
₴2624
-₴1575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
6 261
pensions
-
-
-
2 196
total
-
-
-
8 457
Employee
31 116
-
29 755
-
pensions
2 641
-
2 478
-
income
5 604
-
5 371
-
health
452
-
424
-
total
8 697
-
8 273
-
Employer
31 116
-
29 755
-
health
591
-
565
-
pensions
3 368
-
3 180
-
total
3 959
-
3 745
-
Corporate
-
33 500
-
-
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.

-
6 365
-
-
total
-
6 365
-
-
Dividends
-
27 135
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 656
8 400
12 018
8 457
After tax
20 844
25 100
21 482
25 043
Living cost
22 419
22 419
22 419
22 419
Free-cash
-1 575
2 681
-937
2 624

Estimated living cost  is ₴22419 per week

₴16796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴23822
-₴12536
-₴10821
-₴16670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
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.

-
-
-
670
regional
-
-
-
831
health
-
-
-
128
city
-
-
-
353
national
-
-
-
116
pensions
-
-
-
3 082
total
-
-
-
5 180
Employee
45 805
-
29 984
-
unemployment
-
-
-
-
pensions
3 848
-
2 519
-
national
217
-
97
-
regional
1 500
-
704
-
city
492
-
322
-
health
104
-
67
-
total
6 161
-
3 709
-
Employer
45 805
-
29 984
-
health
104
-
67
-
pensions
3 848
-
2 519
-
unemployment
-
-
-
-
other

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

916
-
600
-
total
4 868
-
3 186
-
Corporate
-
33 500
-
-
regional
-
7 085
-
-
national
-
2 848
-
-
total
-
9 933
-
-
Dividends
-
23 567
-
-
withholding
-
8 248
-
-
total
-
8 248
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 029
18 181
6 895
5 180
After tax
22 471
15 319
26 605
28 320
Living cost
39 141
39 141
39 141
39 141
Free-cash
-16 670
-23 822
-12 536
-10 821

Estimated living cost  is ₴39141 per week

₴25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₴5974
₴2587
₴778
₴2028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
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.

-
-
-
4 670
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.

-
-
-
257
health

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

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

-
-
-
3 372
trade
-
-
-
1 809
total
-
-
-
10 108
Employee

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

29 667
-
33 500
-
surtax

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

192
-
257
-
income

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

3 489
-
4 670
-
health

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

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

3 372
-
3 372
-
total
7 053
-
8 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 833
33 500
-
-
income
575
5 025
-
-
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.

32
276
-
-
chamber of commerce
81
122
-
-
trade
658
5 745
-
-
total
1 346
11 168
-
-
Dividends
2 487
22 332
-
-
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.

24
297
-
-
withholding
435
5 395
-
-
total
459
5 692
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 858
16 860
8 299
10 108
After tax
24 642
16 640
25 201
23 392
Living cost
22 614
22 614
22 614
22 614
Free-cash
2 028
-5 974
2 587
778

Estimated living cost  is ₴22614 per week

₴16517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
-₴6
₴3246
₴3070
₴2911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 756
other
-
-
-
1 039
surtax
-
-
-
-
social contributions
-
-
-
955
health
-
-
-
290
pensions
-
-
-
9 501
total
-
-
-
13 541
Employee
21 127
-
25 527
-
pensions
2 389
-
2 886
-
surtax
-
-
-
-
social contributions
602
-
728
-
income
1 247
-
1 779
-
total
4 238
-
5 393
-
Employer
21 127
-
25 527
-
health
1 479
-
1 786
-
pensions
3 471
-
4 194
-
unemployment
855
-
1 034
-
social contributions
64
-
77
-
other
729
-
881
-
total
6 598
-
7 972
-
Corporate
5 775
33 500
-
-
income
1 617
9 380
-
-
surtax
-
-
-
-
total
1 617
9 380
-
-
Dividends
4 158
24 120
-
-
surtax
-
-
-
-
social contributions
715
4 149
-
-
withholding
532
3 088
-
-
total
1 247
7 237
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 700
16 617
13 365
13 541
After tax
19 800
16 883
20 135
19 959
Living cost
16 889
16 889
16 889
16 889
Free-cash
2 911
-6
3 246
3 070

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴1667
₴4919
₴4743
₴4410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 756
other
-
-
-
1 039
surtax
-
-
-
-
social contributions
-
-
-
955
health
-
-
-
290
pensions
-
-
-
9 501
total
-
-
-
13 541
Employee
18 859
-
25 527
-
pensions
2 133
-
2 886
-
surtax
-
-
-
-
social contributions
538
-
728
-
income
972
-
1 779
-
total
3 643
-
5 393
-
Employer
18 859
-
25 527
-
health
1 320
-
1 786
-
pensions
3 099
-
4 194
-
unemployment
763
-
1 034
-
social contributions
56
-
77
-
other
651
-
881
-
total
5 889
-
7 972
-
Corporate
8 751
33 500
-
-
income
2 451
9 380
-
-
surtax
-
-
-
-
total
2 451
9 380
-
-
Dividends
6 301
24 120
-
-
surtax
-
-
-
-
social contributions
1 084
4 149
-
-
withholding
807
3 088
-
-
total
1 891
7 237
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 874
16 617
13 365
13 541
After tax
19 626
16 883
20 135
19 959
Living cost
15 216
15 216
15 216
15 216
Free-cash
4 410
1 667
4 919
4 743

Estimated living cost  is ₴15216 per week

₴8825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴9970
₴9424
₴11046
₴10226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 025
social contributions
-
-
-
4 623
health
-
-
-
2 338
total
-
-
-
11 986
Employee
16 738
-
33 500
-
social contributions
2 310
-
4 623
-
income
2 792
-
6 647
-
health
1 168
-
2 338
-
total
6 270
-
13 608
-
Employer
16 738
-
33 500
-
total
-
-
-
-
Corporate
16 762
33 500
-
-
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%.

838
1 675
-
-
total
838
1 675
-
-
Dividends
15 924
31 825
-
-
social contributions
2 198
4 392
-
-
withholding
2 389
4 774
-
-
health
1 111
2 221
-
-
total
5 698
11 387
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 806
13 062
13 608
11 986
After tax
20 694
20 438
19 892
21 514
Living cost
10 468
10 468
10 468
10 468
Free-cash
10 226
9 970
9 424
11 046

Estimated living cost  is ₴10468 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴1652
-₴5339
₴749
₴847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 337
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
134
health
-
-
-
2 563
pensions
-
-
-
6 198
total
-
-
-
15 357
Employee
24 670
19 673
25 936
-
other
246
197
259
-
unemployment
740
590
778
-
pensions
2 527
2 014
2 656
-
income
2 808
1 451
3 171
-
health
955
762
1 003
-
total
7 276
5 014
7 867
-
Employer
24 670
19 673
25 936
-
chamber of commerce
98
79
104
-
health
932
744
981
-
pensions
3 096
2 469
3 255
-
accident
320
256
337
-
unemployment
740
590
778
-
surtax
97
97
97
-
payroll
740
590
778
-
other
1 172
934
1 232
-
total
7 195
5 759
7 562
-
Corporate
1 874
8 068
24 063
-
income

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

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

468
2 017
6 016
-
total
468
2 017
6 016
-
Dividends
1 165
6 051
-
-
withholding
320
1 664
-
-
total
320
1 664
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 259
14 454
21 445
15 357
After tax
18 241
19 046
12 055
18 143
Living cost
17 394
17 394
17 394
17 394
Free-cash
847
1 652
-5 339
749

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴847
-₴3988
-₴768
-₴12089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
communal

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

-
-
-
1 748
social contributions
-
-
-
4 369
national
-
-
-
10 152
total
-
-
-
16 269
Employee

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

35 311
-
25 946
-
unemployment

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

307
-
226
-
communal

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

1 842
-
1 354
-
pensions

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

2 648
-
1 946
-
national
10 856
-
7 192
-
health

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

1 659
-
1 220
-
total
17 312
-
11 938
-
Employer

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

35 311
-
25 946
-
health

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

2 171
-
1 595
-
pensions

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

3 129
-
2 299
-
accident

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

459
-
337
-
unemployment

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

515
-
378
-
surtax
4 004
-
2 942
-
total
10 278
-
7 551
-
Corporate
-
33 500
-
-
income
-
6 700
-
-
surtax
-
134
-
-
total
-
6 834
-
-
Dividends
-
26 666
-
-
withholding

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

-
7 820
-
-
total
-
7 820
-
-
Income
33 500
33 500
33 500
33 500
Total tax
27 590
14 654
19 489
16 269
After tax
5 910
18 846
14 011
17 231
Living cost
17 999
17 999
17 999
17 999
Free-cash
-12 089
847
-3 988
-768

Estimated living cost  is ₴17999 per week

₴11594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴4780
₴544
₴305
₴753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
302
income
-
-
-
5 317
other
-
-
-
34
unemployment
-
-
-
234
pensions
-
-
-
9 480
total
-
-
-
15 367
Employee
24 573
-
25 402
-
other
24
-
25
-
unemployment
381
-
393
-
pensions
1 155
-
1 193
-
income
5 185
-
5 419
-
total
6 745
-
7 030
-
Employer
24 573
-
25 402
-
pensions
5 799
-
5 995
-
accident
486
-
503
-
unemployment
1 352
-
1 397
-
other
196
-
203
-
total
7 833
-
8 098
-
Corporate
1 095
33 500
-
-
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.

164
5 025
-
-
total
164
5 025
-
-
Dividends
931
28 475
-
-
withholding
177
5 867
-
-
total
177
5 867
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 919
10 892
15 128
15 367
After tax
18 581
22 608
18 372
18 133
Living cost
17 828
17 828
17 828
17 828
Free-cash
753
4 780
544
305

Estimated living cost  is ₴17828 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₴5944
-₴4493
-₴5133
-₴8349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
communal
-
-
-
-
accident
-
-
-
302
income
-
-
-
1 859
surtax
-
-
-
1 772
health
-
-
-
2 513
pensions
-
-
-
5 360
total
-
-
-
11 806
Employee
37 383
-
29 923
-
pensions
2 990
-
2 393
-
surtax
2 291
-
1 834
-
income
3 611
-
2 034
-
health
1 664
-
1 331
-
total
10 556
-
7 592
-
Employer
37 383
-
29 923
-
health
1 140
-
912
-
pensions
2 990
-
2 393
-
accident
336
-
269
-
total
4 466
-
3 574
-
Corporate
-
33 500
-
-
communal
-
2 261
-
-
income
-
5 025
-
-
surtax
-
351
-
-
total
-
7 637
-
-
Dividends
-
25 862
-
-
income
-
1 101
-
-
withholding
-
3 879
-
-
total
-
4 980
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 022
12 617
11 166
11 806
After tax
18 478
20 883
22 334
21 694
Living cost
26 827
26 827
26 827
26 827
Free-cash
-8 349
-5 944
-4 493
-5 133

Estimated living cost  is ₴26827 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴9984
₴6682
₴7415
₴8415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 363
other
-
-
-
-
surtax
-
-
-
443
unemployment
-
-
-
112
health
-
-
-
2 379
pensions
-
-
-
6 700
total
-
-
-
14 997
Employee
16 624
-
27 675
-
other
-
-
-
-
unemployment
1 157
-
1 926
-
pensions
1 109
-
1 845
-
surtax
59
-
388
-
income
2 787
-
5 041
-
health
424
-
705
-
total
5 536
-
9 905
-
Employer
16 624
-
27 675
-
health
756
-
1 259
-
pensions
2 216
-
3 689
-
unemployment
527
-
877
-
other
-
-
-
-
total
3 499
-
5 825
-
Corporate
13 376
33 500
-
-
income
3 477
8 710
-
-
total
3 477
8 710
-
-
Dividends
9 899
24 790
-
-
withholding
1 485
3 718
-
-
total
1 485
3 718
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 997
12 428
15 730
14 997
After tax
19 503
21 072
17 770
18 503
Living cost
11 088
11 088
11 088
11 088
Free-cash
8 415
9 984
6 682
7 415

Estimated living cost  is ₴11088 per week

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

Source of data for Athens model

Close
Naples , Italy
₴4310
₴2844
₴4724
₴3214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
8 617
regional
-
-
-
505
municipal
-
-
-
199
national
-
-
-
6 157
total
-
-
-
15 478
Employee
27 383
-
33 500
-
municipal
145
-
178
-
national
4 338
-
5 433
-
regional
369
-
451
-
social contributions
9 234
-
11 296
-
total
14 086
-
17 358
-
Employer
27 383
-
33 500
-
total
-
-
-
-
Corporate
6 117
33 500
-
-
municipal
304
1 665
-
-
nationa
1 468
8 040
-
-
total
1 772
9 705
-
-
Dividends
4 344
23 795
-
-
withholding
1 130
6 187
-
-
total
1 130
6 187
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 988
15 892
17 358
15 478
After tax
16 512
17 608
16 142
18 022
Living cost
13 298
13 298
13 298
13 298
Free-cash
3 214
4 310
2 844
4 724

Estimated living cost  is ₴13298 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴7949
₴1884
₴1201
₴2555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
2 879
social contributions
-
-
-
9 782
solidarity contribution
-
-
-
-
health
-
-
-
4 522
total
-
-
-
17 183
Employee
22 230
-
25 000
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
1 625
-
income
2 668
-
3 000
-
health
3 001
-
3 375
-
total
7 114
-
8 000
-
Employer
22 230
-
25 000
-
health
2 001
-
2 250
-
social contributions
5 558
-
6 250
-
total
7 559
-
8 500
-
Corporate
3 712
33 500
-
-
income
705
6 365
-
-
total
705
6 365
-
-
Dividends
3 007
27 135
-
-
withholding
451
4 070
-
-
total
451
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 829
10 435
16 500
17 183
After tax
17 671
23 065
17 000
16 317
Living cost
15 116
15 116
15 116
15 116
Free-cash
2 555
7 949
1 884
1 201

Estimated living cost  is ₴15116 per week

₴11242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴3350
-₴3675
₴2491
₴3107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 337
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
134
health
-
-
-
2 563
pensions
-
-
-
6 198
total
-
-
-
15 260
Employee
21 579
19 673
26 013
-
other
215
197
260
-
unemployment
647
590
780
-
pensions
2 210
2 014
2 663
-
income
1 922
1 451
3 194
-
health
835
762
1 007
-
total
5 829
5 014
7 904
-
Employer
21 579
19 673
26 013
-
chamber of commerce
86
79
104
-
health
816
744
984
-
pensions
2 708
2 469
3 265
-
accident
280
256
338
-
unemployment
647
590
780
-
surtax
-
-
-
-
payroll
647
590
780
-
other
1 025
934
1 236
-
total
6 209
5 662
7 487
-
Corporate
5 711
8 165
24 140
-
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.

1 428
2 041
6 035
-
total
1 428
2 041
6 035
-
Dividends
4 284
6 124
-
-
withholding
1 178
1 684
-
-
total
1 178
1 684
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 644
14 401
21 426
15 260
After tax
18 856
19 099
12 074
18 240
Living cost
15 749
15 749
15 749
15 749
Free-cash
3 107
3 350
-3 675
2 491

Estimated living cost  is ₴15749 per week

₴9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴25599
₴20574
₴26939
₴24431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
33 500
microenterprise

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

-
-
-
335
total
-
-
-
335
Employee
7 782
-
33 500
-
income
1 557
-
6 700
-
total
1 557
-
6 700
-
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%.

25 718
33 500
-
-
total
-
-
-
-
Dividends
25 718
33 500
-
-
withholding
1 286
1 675
-
-
total
1 286
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 843
1 675
6 700
335
After tax
30 657
31 825
26 800
33 165
Living cost
6 226
6 226
6 226
6 226
Free-cash
24 431
25 599
20 574
26 939

Estimated living cost  is ₴6226 per week

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

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴9824
₴3825
₴4786
₴5694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
income
-
-
-
6 007
unemployment
-
-
-
51
health
-
-
-
3 297
pensions
-
-
-
6 118
total
-
-
-
15 473
Employee

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

21 829
-
28 987
-
unemployment
31
-
40
-
pensions
3 384
-
4 493
-
income
3 764
-
5 514
-
health
1 410
-
1 873
-
total
8 589
-
11 920
-
Employer

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

21 829
-
28 987
-
health
1 454
-
1 931
-
pensions
1 932
-
2 565
-
unemployment
13
-
18
-
total
3 399
-
4 514
-
Corporate
8 272
33 500
-
-
income
1 572
6 365
-
-
total
1 572
6 365
-
-
Dividends
6 700
27 135
-
-
withholding
1 005
4 070
-
-
total
1 005
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 565
10 435
16 434
15 473
After tax
18 935
23 065
17 066
18 027
Living cost
13 241
13 241
13 241
13 241
Free-cash
5 694
9 824
3 825
4 786

Estimated living cost  is ₴13241 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₴1217
₴5317
₴1553
-₴41133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
6 530
social contributions
-
-
-
3 819
total
-
-
-
10 349
Employee
30 968
-
-
-
social contributions
2 539
-
362
-
income
6 831
-
-
-
total
9 370
-
362
-
Employer
30 968
-
-
-
social contributions
43 665
-
6 223
-
total
43 665
-
6 223
-
Corporate
-
33 500
-
-
income
-
7 370
-
-
total
-
7 370
-
-
Dividends
-
26 130
-
-
income
-
5 749
-
-
total
-
5 749
-
-
Income
33 500
33 500
33 500
33 500
Total tax
53 035
13 119
6 585
10 349
After tax
-19 535
20 381
26 915
23 151
Living cost
21 598
21 598
21 598
21 598
Free-cash
-41 133
-1 217
5 317
1 553

Estimated living cost  is ₴21598 per week

₴14014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴3571
₴2513
₴3648
₴3076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
income
-
-
-
2 727
surtax
-
-
-
-
social contributions

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

-
-
-
11 641
total
-
-
-
14 368
Employee
22 704
-
27 071
-
surtax
-
-
-
-
social contributions
2 497
-
2 978
-
income
4 722
-
6 096
-
total
7 219
-
9 074
-
Employer
22 704
-
27 071
-
social contributions
5 392
-
6 429
-
total
5 392
-
6 429
-
Corporate
5 404
33 500
-
-
income
1 134
7 035
-
-
surtax
-
-
-
-
total
1 134
7 035
-
-
Dividends
4 269
26 465
-
-
withholding
1 195
7 410
-
-
total
1 195
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 940
14 445
15 503
14 368
After tax
18 560
19 055
17 997
19 132
Living cost
15 484
15 484
15 484
15 484
Free-cash
3 076
3 571
2 513
3 648

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴6960
-₴3708
-₴3883
-₴7075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 756
other
-
-
-
1 039
surtax
-
-
-
-
social contributions
-
-
-
955
health
-
-
-
290
pensions
-
-
-
9 501
total
-
-
-
13 541
Employee
30 918
-
25 527
-
pensions
3 497
-
2 886
-
surtax
-
-
-
-
social contributions
881
-
728
-
income
2 698
-
1 779
-
total
7 076
-
5 393
-
Employer
30 918
-
25 527
-
health
2 164
-
1 786
-
pensions
5 080
-
4 194
-
unemployment
1 252
-
1 034
-
social contributions
93
-
77
-
other
1 067
-
881
-
total
9 656
-
7 972
-
Corporate
-
33 500
-
-
income
-
9 380
-
-
surtax
-
-
-
-
total
-
9 380
-
-
Dividends
-
24 120
-
-
surtax
-
-
-
-
social contributions
-
4 149
-
-
withholding
-
3 088
-
-
total
-
7 237
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 732
16 617
13 365
13 541
After tax
16 768
16 883
20 135
19 959
Living cost
23 842
23 842
23 842
23 842
Free-cash
-7 075
-6 960
-3 708
-3 883

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴15311
₴12048
₴11108
₴13653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
183
social contributions
-
-
-
7 370
total
-
-
-
7 553
Employee
15 870
-
29 004
-
income
-
-
231
-
social contributions
1 031
-
1 886
-
total
1 031
-
2 117
-
Employer
15 870
-
29 004
-
social contributions
2 460
-
4 496
-
total
2 460
-
4 496
-
Corporate
15 170
33 500
-
-
income
1 517
3 350
-
-
total
1 517
3 350
-
-
Dividends
13 653
30 150
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
5 008
3 350
6 613
7 553
After tax
28 492
30 150
26 887
25 947
Living cost
14 839
14 839
14 839
14 839
Free-cash
13 653
15 311
12 048
11 108

Estimated living cost  is ₴14839 per week

₴9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴74005
-₴74005
-₴2350
-₴74005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
labour market
-
-
-
2 646
municipal
-
-
-
5 702
national
-
-
-
3 311
pensions
-
-
-
428
total
-
-
-
12 087
Employee
100 298
100 298
100 298
-
municipal
21 358
21 358
21 358
-
labour market
8 012
8 012
8 012
-
pensions
143
143
143
-
national
12 253
12 253
12 253
-
total
41 766
41 766
41 766
-
Employer
100 298
100 298
100 298
-
national
12 275
12 275
12 275
-
labour market
8 024
8 024
8 024
-
pensions
285
285
285
-
municipal
21 392
21 392
21 392
-
total
41 976
41 976
41 976
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
83 742
83 742
83 742
12 087
After tax
-50 242
-50 242
-50 242
21 413
Living cost
23 763
23 763
23 763
23 763
Free-cash
-74 005
-74 005
-74 005
-2 350

Estimated living cost  is ₴23763 per week

₴16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴8118
₴6478
₴12266
₴1051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
126
income
-
-
-
6 922
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
10 402
Employee
17 040
-
27 829
-
pensions
1 919
-
3 133
-
income
2 338
-
4 199
-
health
1 951
-
3 186
-
total
6 208
-
10 518
-
Employer
17 040
-
27 829
-
pensions
2 771
-
4 525
-
accident
285
-
465
-
unemployment
418
-
682
-
total
3 474
-
5 672
-
Corporate
12 987
33 500
-
-
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.

11 688
30 150
-
-
total
11 688
30 150
-
-
Dividends
1 299
3 350
-
-
withholding
247
636
-
-
total
247
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 617
30 786
16 190
10 402
After tax
11 883
2 714
17 310
23 098
Living cost
10 832
10 832
10 832
10 832
Free-cash
1 051
-8 118
6 478
12 266

Estimated living cost  is ₴10832 per week

₴7885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴4014
₴1414
₴6310
₴1817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
33 500
health
-
-
-
310
municipal
-
-
-
5 974
national
-
-
-
1 954
total
-
-
-
8 238
Employee
25 972
-
28 182
-
municipal
4 254
-
4 614
-
unemployment
390
-
422
-
pensions
1 753
-
1 903
-
national
429
-
649
-
health
194
-
228
-
total
7 020
-
7 816
-
Employer
25 972
-
28 182
-
health
200
-
217
-
pensions
4 506
-
4 889
-
accident
26
-
28
-
unemployment
169
-
184
-
total
4 901
-
5 318
-
Corporate
2 628
33 500
-
-
income
526
6 700
-
-
total
526
6 700
-
-
Dividends

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

1 577
20 100
-
-
municipal
284
3 618
-
-
national
-
216
-
-
total
284
3 834
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 731
10 534
13 134
8 238
After tax
20 769
22 966
20 366
25 262
Living cost
18 952
18 952
18 952
18 952
Free-cash
1 817
4 014
1 414
6 310

Estimated living cost  is ₴18952 per week

₴12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴10909
₴12201
₴14101
₴10498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 890
social contributions
-
-
-
5 226
health
-
-
-
854
total
-
-
-
7 970
Employee
37 959
37 959
37 959
-
social contributions
1 435
3 150
2 525
-
income
4 133
3 514
3 740
-
health
294
645
517
-
total
5 862
7 309
6 782
-
Employer
37 959
37 959
37 959
-
health
319
703
563
-
social contributions
1 435
3 150
2 525
-
total
1 754
3 853
3 088
-
Corporate
14 454
-
-
-
income
1 807
-
-
-
total
1 807
-
-
-
Dividends
12 647
-
-
-
withholding
2 150
-
-
-
total
2 150
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 573
11 162
9 870
7 970
After tax
21 927
22 338
23 630
25 530
Living cost
11 429
11 429
11 429
11 429
Free-cash
10 498
10 909
12 201
14 101

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴19903
₴12879
₴17755
₴17393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 500
income
-
-
-
2 967
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
7 907
Employee

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

11 331
-
30 372
-
unemployment
56
-
152
-
pensions
1 699
-
4 556
-
income
775
-
2 365
-
health
963
-
2 582
-
total
3 493
-
9 655
-
Employer

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

11 331
-
30 372
-
health
487
-
1 306
-
pensions
623
-
1 670
-
unemployment
56
-
152
-
total
1 166
-
3 128
-
Corporate
21 003
33 500
-
-
income
1 890
3 015
-
-
total
1 890
3 015
-
-
Dividends
19 112
30 485
-
-
withholding
1 720
2 744
-
-
total
1 720
2 744
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 269
5 759
12 783
7 907
After tax
25 231
27 741
20 717
25 593
Living cost
7 838
7 838
7 838
7 838
Free-cash
17 393
19 903
12 879
17 755

Estimated living cost  is ₴7838 per week

₴5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴9033
₴4797
₴4558
₴6443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
302
income
-
-
-
5 317
other
-
-
-
34
unemployment
-
-
-
234
pensions
-
-
-
9 480
total
-
-
-
15 367
Employee
18 253
-
25 402
-
other
18
-
25
-
unemployment
283
-
393
-
pensions
858
-
1 193
-
income
3 519
-
5 419
-
total
4 678
-
7 030
-
Employer
18 253
-
25 402
-
pensions
4 307
-
5 995
-
accident
362
-
503
-
unemployment
1 004
-
1 397
-
other
146
-
203
-
total
5 819
-
8 098
-
Corporate
9 428
33 500
-
-
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.

1 415
5 025
-
-
total
1 415
5 025
-
-
Dividends
8 013
28 475
-
-
withholding
1 570
5 867
-
-
total
1 570
5 867
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 482
10 892
15 128
15 367
After tax
20 018
22 608
18 372
18 133
Living cost
13 575
13 575
13 575
13 575
Free-cash
6 443
9 033
4 797
4 558

Estimated living cost  is ₴13575 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴19943
₴20181
₴20250
₴19786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
11 080
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
12 289
Employee
1 464
-
32 711
-
unemployment
15
-
35
-
pensions
132
-
316
-
income
283
-
11 043
-
health
73
-
175
-
total
503
-
11 569
-
Employer
1 464
-
32 711
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
31 706
33 500
-
-
income
6 975
7 370
-
-
total
6 975
7 370
-
-
Dividends
24 731
26 130
-
-
withholding
4 946
5 226
-
-
total
4 946
5 226
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 753
12 596
12 358
12 289
After tax
20 747
20 904
21 142
21 211
Living cost
961
961
961
961
Free-cash
19 786
19 943
20 181
20 250

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴15667
₴9249
₴7895
₴13238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
income
-
-
-
4 406
unemployment
-
-
-
502
health
-
-
-
3 450
pensions
-
-
-
8 710
total
-
-
-
17 068
Employee

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

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

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

12 873
-
28 414
-
unemployment
97
-
213
-
pensions
1 802
-
3 978
-
income
1 774
-
4 974
-
health
663
-
1 463
-
total
4 336
-
10 628
-
Employer

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

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

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

12 873
-
28 414
-
health
663
-
1 463
-
pensions
1 545
-
3 410
-
unemployment
97
-
213
-
total
2 305
-
5 086
-
Corporate
18 323
33 500
-
-
income
2 748
5 025
-
-
total
2 748
5 025
-
-
Dividends
15 574
28 475
-
-
withholding
2 336
4 271
-
-
total
2 336
4 271
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 725
9 296
15 714
17 068
After tax
21 775
24 204
17 786
16 432
Living cost
8 537
8 537
8 537
8 537
Free-cash
13 238
15 667
9 249
7 895

Estimated living cost  is ₴8537 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴5747
₴4689
₴5824
₴5568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
income
-
-
-
2 727
surtax
-
-
-
-
social contributions

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

-
-
-
11 641
total
-
-
-
14 368
Employee
19 160
-
27 071
-
surtax
-
-
-
-
social contributions
2 108
-
2 978
-
income
3 744
-
6 096
-
total
5 852
-
9 074
-
Employer
19 160
-
27 071
-
social contributions
4 550
-
6 429
-
total
4 550
-
6 429
-
Corporate
9 790
33 500
-
-
income
2 056
7 035
-
-
surtax
-
-
-
-
total
2 056
7 035
-
-
Dividends
7 734
26 465
-
-
withholding
2 166
7 410
-
-
total
2 166
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 624
14 445
15 503
14 368
After tax
18 876
19 055
17 997
19 132
Living cost
13 308
13 308
13 308
13 308
Free-cash
5 568
5 747
4 689
5 824

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴5259
₴1023
₴784
₴1417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
302
income
-
-
-
5 317
other
-
-
-
34
unemployment
-
-
-
234
pensions
-
-
-
9 480
total
-
-
-
15 367
Employee
23 841
-
25 402
-
other
23
-
25
-
unemployment
369
-
393
-
pensions
1 120
-
1 193
-
income
4 979
-
5 419
-
total
6 491
-
7 030
-
Employer
23 841
-
25 402
-
pensions
5 626
-
5 995
-
accident
472
-
503
-
unemployment
1 312
-
1 397
-
other
191
-
203
-
total
7 601
-
8 098
-
Corporate
2 058
33 500
-
-
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.

309
5 025
-
-
total
309
5 025
-
-
Dividends
1 749
28 475
-
-
withholding
333
5 867
-
-
total
333
5 867
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 734
10 892
15 128
15 367
After tax
18 766
22 608
18 372
18 133
Living cost
17 349
17 349
17 349
17 349
Free-cash
1 417
5 259
1 023
784

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴20139
₴16097
₴15361
₴17125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 025
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
9 635
Employee
11 260
-
30 112
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
3 011
-
health
518
-
794
-
total
2 757
-
5 511
-
Employer
11 260
-
30 112
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
20 031
33 500
-
-
income
2 003
3 350
-
-
total
2 003
3 350
-
-
Dividends
18 028
30 150
-
-
withholding
901
1 507
-
-
total
901
1 507
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 871
4 857
8 899
9 635
After tax
25 629
28 643
24 601
23 865
Living cost
8 504
8 504
8 504
8 504
Free-cash
17 125
20 139
16 097
15 361

Estimated living cost  is ₴8504 per week

₴5624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₴1729
₴6143
₴4629
₴4729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
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.

-
-
-
4 670
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.

-
-
-
257
health

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

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

-
-
-
3 372
trade
-
-
-
1 514
total
-
-
-
9 813
Employee

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

24 562
-
33 500
-
surtax

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

111
-
257
-
income

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

2 020
-
4 670
-
health

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

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

3 372
-
3 372
-
total
5 503
-
8 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 938
33 500
-
-
income
1 341
5 025
-
-
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.

74
276
-
-
chamber of commerce
88
124
-
-
trade
1 282
4 808
-
-
total
2 785
10 233
-
-
Dividends
6 153
23 267
-
-
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.

74
309
-
-
withholding
1 351
5 629
-
-
total
1 425
5 938
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 713
16 171
8 299
9 813
After tax
23 787
17 329
25 201
23 687
Living cost
19 058
19 058
19 058
19 058
Free-cash
4 729
-1 729
6 143
4 629

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₴4669
-₴2505
-₴2505
-₴5114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 240
social contributions
-
-
-
2 645
total
-
-
-
7 885
Employee
38 614
-
33 500
-
income
7 286
-
5 240
-
social contributions
3 208
-
2 645
-
total
10 494
-
7 885
-
Employer
38 614
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
4 187
-
-
total
-
4 187
-
-
Dividends
-
29 313
-
-
withholding
-
5 862
-
-
total
-
5 862
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 494
10 049
7 885
7 885
After tax
23 006
23 451
25 615
25 615
Living cost
28 120
28 120
28 120
28 120
Free-cash
-5 114
-4 669
-2 505
-2 505

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴1247
₴6436
-₴1455
₴4106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
33 500
income
-
-
-
14 052
health

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

-
-
-
2 983
total
-
-
-
17 035
Employee
22 646
-
31 229
-
income
2 457
-
4 602
-
social contributions
2 269
-
2 271
-
total
4 726
-
6 873
-
Employer
22 646
-
31 229
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
8 585
33 500
-
-
income
3 005
11 725
-
-
total
3 005
11 725
-
-
Dividends
5 580
21 775
-
-
social contributions
1 474
2 608
-
-
total
1 474
2 608
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 474
14 333
9 144
17 035
After tax
22 026
19 167
24 356
16 465
Living cost
17 920
17 920
17 920
17 920
Free-cash
4 106
1 247
6 436
-1 455

Estimated living cost  is ₴17920 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴6874
₴3256
₴6817
₴4106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
6 261
pensions
-
-
-
2 196
total
-
-
-
8 457
Employee
25 018
-
29 755
-
pensions
1 909
-
2 478
-
income
4 556
-
5 371
-
health
326
-
424
-
total
6 791
-
8 273
-
Employer
25 018
-
29 755
-
health
475
-
565
-
pensions
2 528
-
3 180
-
total
3 003
-
3 745
-
Corporate
5 479
33 500
-
-
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.

1 041
6 365
-
-
total
1 041
6 365
-
-
Dividends
4 439
27 135
-
-
withholding
333
2 035
-
-
total
333
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 168
8 400
12 018
8 457
After tax
22 332
25 100
21 482
25 043
Living cost
18 226
18 226
18 226
18 226
Free-cash
4 106
6 874
3 256
6 817

Estimated living cost  is ₴18226 per week

₴12503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴9191
₴5405
₴11193
₴887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
126
income
-
-
-
6 922
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
10 402
Employee
18 727
-
27 829
-
pensions
2 109
-
3 133
-
income
2 569
-
4 199
-
health
2 144
-
3 186
-
total
6 822
-
10 518
-
Employer
18 727
-
27 829
-
pensions
3 045
-
4 525
-
accident
313
-
465
-
unemployment
459
-
682
-
total
3 817
-
5 672
-
Corporate
10 957
33 500
-
-
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.

9 861
30 150
-
-
total
9 861
30 150
-
-
Dividends
1 096
3 350
-
-
withholding
208
636
-
-
total
208
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 708
30 786
16 190
10 402
After tax
12 792
2 714
17 310
23 098
Living cost
11 905
11 905
11 905
11 905
Free-cash
887
-9 191
5 405
11 193

Estimated living cost  is ₴11905 per week

₴8737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₴21805
₴12903
₴12903
₴19404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 500
income
-
-
-
4 715
unemployment
-
-
-
402
work injury
-
-
-
167
health insurance
-
-
-
2 479
pensions
-
-
-
6 164
total
-
-
-
13 927
Employee

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

10 671
-
33 500
-
health insurance
790
-
2 479
-
unemployment
128
-
402
-
work injury
53
-
167
-
pensions
1 964
-
6 164
-
income
1 067
-
4 715
-
total
4 002
-
13 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 829
33 500
-
-
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
22 829
33 500
-
-
withholding
3 424
5 025
-
-
total
3 424
5 025
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 426
5 025
13 927
13 927
After tax
26 074
28 475
19 573
19 573
Living cost
6 670
6 670
6 670
6 670
Free-cash
19 404
21 805
12 903
12 903

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₴2021
-₴3561
-₴1703
-₴8099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
8 617
regional
-
-
-
539
municipal
-
-
-
224
national
-
-
-
6 157
total
-
-
-
15 537
Employee
41 598
-
33 500
-
municipal
248
-
200
-
national
7 030
-
5 433
-
regional
628
-
466
-
social contributions
14 027
-
11 296
-
total
21 933
-
17 395
-
Employer
41 598
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 615
-
-
nationa
-
8 040
-
-
total
-
9 655
-
-
Dividends
-
23 845
-
-
withholding
-
6 200
-
-
total
-
6 200
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 933
15 855
17 395
15 537
After tax
11 567
17 645
16 105
17 963
Living cost
19 666
19 666
19 666
19 666
Free-cash
-8 099
-2 021
-3 561
-1 703

Estimated living cost  is ₴19666 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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