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
₴9866
₴1566
₴8319
₴7196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 479
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.

-
-
-
4 485
surtax

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

-
-
-
246
trade
-
-
-
1 547
total
-
-
-
9 757
Employee

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

19 477
-
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.

30
-
246
-
income

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

544
-
4 485
-
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.

3 479
-
3 479
-
total
4 053
-
8 210
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 023
33 500
-
-
chamber of commerce
98
126
-
-
surtax

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

116
276
-
-
trade
2 208
5 276
-
-
income
2 104
5 025
-
-
total
4 526
10 703
-
-
Dividends
9 497
22 796
-
-
surtax

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

120
302
-
-
withholding
2 181
5 505
-
-
total
2 301
5 807
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 880
16 510
8 210
9 757
After tax
22 620
16 990
25 290
23 743
Living cost
15 424
15 424
15 424
15 424
Free-cash
7 196
1 566
9 866
8 319

Estimated living cost  is ₴15424 per week

₴9702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1798
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.
₴3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5804
-₴6010
-₴6067
-₴12008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 020
national
-
-
-
5 028
municipal
-
-
-
3 245
total
-
-
-
12 653
Employee
41 721
-
28 960
-
municipal
5 153
-
3 375
-
national
7 985
-
5 229
-
pensions
1 669
-
1 158
-
total
14 807
-
9 762
-
Employer
41 721
-
28 960
-
pensions
3 338
-
2 317
-
social contributions
449
-
311
-
total
3 787
-
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
18 594
12 596
12 390
12 653
After tax
14 906
20 904
21 110
20 847
Living cost
26 914
26 914
26 914
26 914
Free-cash
-12 008
-6 010
-5 804
-6 067

Estimated living cost  is ₴26914 per week

₴18293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8486
₴16206
₴16278
₴12029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 603
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
5 025
total
-
-
-
6 628
Employee
14 880
-
26 996
-
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.

1 637
-
2 970
-
income
2 649
-
4 946
-
total
4 286
-
7 916
-
Employer
14 880
-
26 996
-
surtax
-
-
-
-
social contributions

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

3 584
-
6 504
-
total
3 584
-
6 504
-
Corporate
15 036
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%.

3 007
6 700
-
-
total
3 007
6 700
-
-
Dividends

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

12 028
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 877
6 700
14 420
6 628
After tax
22 623
26 800
19 080
26 872
Living cost
10 594
10 594
10 594
10 594
Free-cash
12 029
16 206
8 486
16 278

Estimated living cost  is ₴10594 per week

₴6759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1009
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.
₴2586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴17070
-₴14210
-₴2220
-₴17070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 108
income
-
-
-
3 313
pensions
-
-
-
5 966
total
-
-
-
14 387
Employee
43 487
43 487
43 487
-
income

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

7 118
7 118
7 118
-
pensions
7 828
5 966
7 828
-
health
6 675
5 677
6 675
-
total
21 621
18 761
21 621
-
Employer
43 487
43 487
43 487
-
unemployment
1 566
1 566
1 566
-
health
3 023
3 023
3 023
-
pensions
3 027
3 027
3 027
-
total
7 616
7 616
7 616
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
29 237
26 377
29 237
14 387
After tax
4 263
7 123
4 263
19 113
Living cost
21 333
21 333
21 333
21 333
Free-cash
-17 070
-14 210
-17 070
-2 220

Estimated living cost  is ₴21333 per week

₴15118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3161
-₴2759
-₴4350
-₴5918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 893
health
-
-
-
2 090
accident
-
-
-
67
pensions
-
-
-
3 621
national
-
-
-
-
unemployment
-
-
-
33
municipal
-
-
-
7 096
total
-
-
-
16 800
Employee
29 994
-
25 491
-
municipal
8 944
-
7 601
-
national
-
-
-
-
total
8 944
-
7 601
-
Employer
29 994
-
25 491
-
other
3 485
-
2 962
-
unemployment
792
-
673
-
health
1 845
-
1 568
-
accident
60
-
51
-
pensions
3 242
-
2 756
-
total
9 424
-
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
18 368
15 209
15 611
16 800
After tax
15 132
18 291
17 889
16 700
Living cost
21 050
21 050
21 050
21 050
Free-cash
-5 918
-2 759
-3 161
-4 350

Estimated living cost  is ₴21050 per week

₴13951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5285
-₴3188
₴3669
₴3965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 479
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.

-
-
-
4 485
surtax

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

-
-
-
246
trade
-
-
-
1 616
total
-
-
-
9 826
Employee

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

25 825
-
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.

122
-
246
-
income

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

2 219
-
4 485
-
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.

3 479
-
3 479
-
total
5 820
-
8 210
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 675
33 500
-
-
chamber of commerce
88
125
-
-
surtax

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

64
276
-
-
trade
1 263
5 510
-
-
income
1 151
5 025
-
-
total
2 566
10 936
-
-
Dividends
5 110
22 564
-
-
surtax

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

60
300
-
-
withholding
1 084
5 447
-
-
total
1 144
5 747
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 530
16 683
8 210
9 826
After tax
23 970
16 817
25 290
23 674
Living cost
20 005
20 005
20 005
20 005
Free-cash
3 965
-3 188
5 285
3 669

Estimated living cost  is ₴20005 per week

₴13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6969
₴5467
₴9170
₴5994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 226
health
-
-
-
854
income
-
-
-
1 733
total
-
-
-
7 813
Employee
39 158
39 158
39 158
-
social contributions
1 903
3 250
2 524
-
income
4 112
3 625
3 887
-
health
389
666
517
-
total
6 404
7 541
6 928
-
Employer
39 158
39 158
39 158
-
health
424
725
562
-
social contributions
1 903
3 250
2 524
-
total
2 327
3 975
3 086
-
Corporate
8 252
-
-
-
income
1 031
-
-
-
total
1 031
-
-
-
Dividends
7 221
-
-
-
withholding
1 227
-
-
-
total
1 227
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 989
11 516
10 014
7 813
After tax
22 511
21 984
23 486
25 687
Living cost
16 517
16 517
16 517
16 517
Free-cash
5 994
5 467
6 969
9 170

Estimated living cost  is ₴16517 per week

₴11291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10060
₴9578
₴13847
₴9772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 345
income
-
-
-
4 095
pensions
-
-
-
3 350
unemployment
-
-
-
503
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.

13 511
5 377
28 033
-
income
1 652
657
3 427
-
pensions
1 351
538
2 803
-
health
946
376
1 962
-
unemployment
203
81
421
-
total
4 152
1 652
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.

13 511
5 377
28 033
-
pensions
2 635
1 049
5 467
-
total
2 635
1 049
5 467
-
Corporate
17 355
27 074
-
-
income
1 562
2 437
-
-
total
1 562
2 437
-
-
Dividends
15 793
24 638
-
-
social contributions
3 018
4 743
-
-
withholding
3 001
4 681
-
-
total
6 019
9 424
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 368
14 562
14 080
10 293
After tax
19 132
18 938
19 420
23 207
Living cost
9 360
9 360
9 360
9 360
Free-cash
9 772
9 578
10 060
13 847

Estimated living cost  is ₴9360 per week

₴6387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7033
₴14500
₴5868
₴11337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 355
income
-
-
-
4 277
pensions
-
-
-
6 700
total
-
-
-
15 332
Employee
14 446
-
25 037
-
income
1 626
-
4 803
-
pensions
289
-
501
-
unemployment
231
-
401
-
total
2 146
-
5 705
-
Employer
14 446
-
25 037
-
unemployment
116
-
200
-
health
1 878
-
3 255
-
pensions
2 889
-
5 007
-
total
4 883
-
8 462
-
Corporate
14 171
33 500
-
-
income
2 834
6 700
-
-
total
2 834
6 700
-
-
Dividends
11 336
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 863
6 700
14 167
15 332
After tax
23 637
26 800
19 333
18 168
Living cost
12 300
12 300
12 300
12 300
Free-cash
11 337
14 500
7 033
5 868

Estimated living cost  is ₴12300 per week

₴8436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴733
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.
₴2884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6112
-₴8549
₴11842
₴986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
190
health
-
-
-
1 117
accident
-
-
-
129
income
-
-
-
6 829
pensions
-
-
-
2 130
total
-
-
-
10 395
Employee
17 718
-
27 828
-
income
2 431
-
4 133
-
pensions
1 995
-
3 134
-
health
2 029
-
3 186
-
total
6 455
-
10 453
-
Employer
17 718
-
27 828
-
unemployment
434
-
682
-
accident
296
-
465
-
pensions
2 881
-
4 525
-
total
3 611
-
5 672
-
Corporate
12 171
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.

10 954
30 150
-
-
total
10 954
30 150
-
-
Dividends
1 217
3 350
-
-
withholding
231
636
-
-
total
231
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 251
30 786
16 125
10 395
After tax
12 249
2 714
17 375
23 105
Living cost
11 263
11 263
11 263
11 263
Free-cash
986
-8 549
6 112
11 842

Estimated living cost  is ₴11263 per week

₴8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴22534
₴27559
₴28899
₴26760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 332
-
33 500
-
income
1 066
-
6 700
-
total
1 066
-
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%.

28 168
33 500
-
-
total
-
-
-
-
Dividends
28 168
33 500
-
-
withholding
1 408
1 675
-
-
total
1 408
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 474
1 675
6 700
335
After tax
31 026
31 825
26 800
33 165
Living cost
4 266
4 266
4 266
4 266
Free-cash
26 760
27 559
22 534
28 899

Estimated living cost  is ₴4266 per week

₴2643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6064
₴11043
₴4570
₴7604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 592
health
-
-
-
1 474
income
-
-
-
4 255
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
18 490
-
26 757
-
income
3 183
-
4 606
-
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.

1 294
-
1 874
-
health
259
-
375
-
unemployment
185
-
268
-
total
4 921
-
7 123
-
Employer
18 490
-
26 757
-
other
925
-
1 337
-
unemployment
185
-
268
-
health
259
-
375
-
accident
148
-
215
-
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.

3 144
-
4 549
-
total
4 661
-
6 744
-
Corporate
10 350
33 500
-
-
income
2 173
7 035
-
-
total
2 173
7 035
-
-
Dividends
8 177
26 465
-
-
withholding
572
1 853
-
-
total
572
1 853
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 327
8 888
13 867
15 361
After tax
21 173
24 612
19 633
18 139
Living cost
13 569
13 569
13 569
13 569
Free-cash
7 604
11 043
6 064
4 570

Estimated living cost  is ₴13569 per week

₴9587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴12302
-₴8732
-₴8768
-₴20929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 266
pensions
-
-
-
2 170
total
-
-
-
8 436
Employee
47 867
-
29 779
-
income
8 629
-
5 383
-
health
789
-
418
-
pensions
4 618
-
2 448
-
total
14 036
-
8 249
-
Employer
47 867
-
29 779
-
health
909
-
566
-
pensions
5 652
-
3 155
-
total
6 561
-
3 721
-
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
20 597
8 400
11 970
8 436
After tax
12 903
25 100
21 530
25 064
Living cost
33 832
33 832
33 832
33 832
Free-cash
-20 929
-8 732
-12 302
-8 768

Estimated living cost  is ₴33832 per week

₴25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3975
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.
₴4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴17820
₴22000
₴17108
₴19647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 035
income
-
-
-
5 025
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
9 750
Employee
8 795
-
30 028
-
income
879
-
3 003
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

772
-
1 554
-
health
405
-
814
-
total
2 153
-
5 566
-
Employer
8 795
-
30 028
-
unemployment
53
-
106
-
health
607
-
1 221
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

969
-
1 950
-
total
1 726
-
3 472
-
Corporate
22 979
33 500
-
-
income
2 298
3 350
-
-
total
2 298
3 350
-
-
Dividends
20 681
30 150
-
-
withholding
1 034
1 508
-
-
total
1 034
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 211
4 858
9 038
9 750
After tax
26 289
28 642
24 462
23 750
Living cost
6 642
6 642
6 642
6 642
Free-cash
19 647
22 000
17 820
17 108

Estimated living cost  is ₴6642 per week

₴3878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴23975
-₴21115
-₴9125
-₴21979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 108
income
-
-
-
3 313
pensions
-
-
-
5 966
total
-
-
-
14 387
Employee
47 213
43 487
43 487
-
income

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

7 118
7 118
7 118
-
pensions
5 966
5 966
7 828
-
health
5 890
5 677
6 675
-
total
18 974
18 761
21 621
-
Employer
47 213
43 487
43 487
-
unemployment
1 700
1 566
1 566
-
health
3 281
3 023
3 023
-
pensions
3 286
3 027
3 027
-
total
8 267
7 616
7 616
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
27 241
26 377
29 237
14 387
After tax
6 259
7 123
4 263
19 113
Living cost
28 238
28 238
28 238
28 238
Free-cash
-21 979
-21 115
-23 975
-9 125

Estimated living cost  is ₴28238 per week

₴20830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4447
₴10512
₴3763
₴6034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 782
health
-
-
-
4 523
income
-
-
-
2 879
solidarity contribution
-
-
-
-
total
-
-
-
17 184
Employee
18 460
-
25 000
-
social contributions
1 200
-
1 625
-
solidarity contribution
-
-
-
-
income
2 215
-
3 000
-
health
2 492
-
3 375
-
total
5 907
-
8 000
-
Employer
18 460
-
25 000
-
health
1 661
-
2 250
-
social contributions
4 615
-
6 250
-
total
6 276
-
8 500
-
Corporate
8 764
33 500
-
-
income
1 665
6 365
-
-
total
1 665
6 365
-
-
Dividends
7 099
27 135
-
-
withholding
1 065
4 070
-
-
total
1 065
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 913
10 435
16 500
17 184
After tax
18 587
23 065
17 000
16 316
Living cost
12 553
12 553
12 553
12 553
Free-cash
6 034
10 512
4 447
3 763

Estimated living cost  is ₴12553 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5178
-₴3615
-₴3284
-₴11758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 616
national
-
-
-
6 138
regional
-
-
-
343
municipal
-
-
-
199
total
-
-
-
15 296
Employee
45 258
-
33 500
-
social contributions
15 261
-
11 296
-
municipal
240
-
178
-
national
7 842
-
5 416
-
regional
427
-
300
-
total
23 770
-
17 190
-
Employer
45 258
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
nationa
-
8 040
-
-
municipal
-
1 307
-
-
total
-
9 347
-
-
Dividends
-
24 153
-
-
withholding
-
6 280
-
-
total
-
6 280
-
-
Income
33 500
33 500
33 500
33 500
Total tax
23 770
15 627
17 190
15 296
After tax
9 730
17 873
16 310
18 204
Living cost
21 488
21 488
21 488
21 488
Free-cash
-11 758
-3 615
-5 178
-3 284

Estimated living cost  is ₴21488 per week

₴14979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6610
₴9834
₴7341
₴8251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
2 378
income
-
-
-
5 309
pensions
-
-
-
6 700
surtax
-
-
-
419
unemployment
-
-
-
116
total
-
-
-
14 922
Employee
16 840
-
27 675
-
surtax
55
-
363
-
income
2 823
-
4 987
-
other
-
-
-
-
pensions
1 123
-
1 846
-
health
430
-
706
-
unemployment
1 172
-
1 926
-
total
5 603
-
9 828
-
Employer
16 840
-
27 675
-
other
-
-
-
-
unemployment
533
-
877
-
health
766
-
1 259
-
pensions
2 245
-
3 689
-
total
3 544
-
5 825
-
Corporate
13 115
33 500
-
-
income
3 410
8 710
-
-
total
3 410
8 710
-
-
Dividends
9 705
24 790
-
-
withholding
1 455
3 719
-
-
total
1 455
3 719
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 012
12 429
15 653
14 922
After tax
19 488
21 071
17 847
18 578
Living cost
11 237
11 237
11 237
11 237
Free-cash
8 251
9 834
6 610
7 341

Estimated living cost  is ₴11237 per week

₴6871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
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.
₴3070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1583
₴1987
₴1951
-₴2662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 266
pensions
-
-
-
2 170
total
-
-
-
8 436
Employee
32 079
-
29 779
-
income
5 778
-
5 383
-
health
466
-
418
-
pensions
2 723
-
2 448
-
total
8 967
-
8 249
-
Employer
32 079
-
29 779
-
health
609
-
566
-
pensions
3 473
-
3 155
-
total
4 082
-
3 721
-
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
13 049
8 400
11 970
8 436
After tax
20 451
25 100
21 530
25 064
Living cost
23 113
23 113
23 113
23 113
Free-cash
-2 662
1 987
-1 583
1 951

Estimated living cost  is ₴23113 per week

₴17316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴14312
-₴25632
-₴12601
-₴18988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
134
pensions
-
-
-
3 082
city
-
-
-
352
national
-
-
-
110
regional
-
-
-
801
total
-
-
-
5 149
Employee
47 925
-
29 984
-
national
227
-
92
-
city
514
-
322
-
pensions
4 026
-
2 519
-
health
108
-
67
-
regional
1 569
-
674
-
unemployment
-
-
-
-
total
6 444
-
3 674
-
Employer
47 925
-
29 984
-
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.

958
-
600
-
unemployment
-
-
-
-
health
108
-
67
-
pensions
4 026
-
2 519
-
total
5 092
-
3 186
-
Corporate
-
33 500
-
-
regional
-
7 085
-
-
national
-
2 847
-
-
total
-
9 932
-
-
Dividends
-
23 568
-
-
withholding
-
8 248
-
-
total
-
8 248
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 536
18 180
6 860
5 149
After tax
21 964
15 320
26 640
28 351
Living cost
40 952
40 952
40 952
40 952
Free-cash
-18 988
-25 632
-14 312
-12 601

Estimated living cost  is ₴40952 per week

₴26631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴10144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴1962
-₴6685
₴278
₴1573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 479
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.

-
-
-
4 485
surtax

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

-
-
-
246
trade
-
-
-
1 684
total
-
-
-
9 894
Employee

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

30 604
-
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.

198
-
246
-
income

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

3 599
-
4 485
-
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.

3 479
-
3 479
-
total
7 276
-
8 210
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 896
33 500
-
-
chamber of commerce
81
125
-
-
surtax

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

24
276
-
-
trade
497
5 745
-
-
income
434
5 025
-
-
total
1 036
11 171
-
-
Dividends
1 860
22 329
-
-
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.

14
297
-
-
withholding
272
5 389
-
-
total
286
5 686
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 598
16 857
8 210
9 894
After tax
24 902
16 643
25 290
23 606
Living cost
23 328
23 328
23 328
23 328
Free-cash
1 573
-6 685
1 962
278

Estimated living cost  is ₴23328 per week

₴17038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2751
-₴540
₴2556
₴2471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 039
social contributions
-
-
-
954
health
-
-
-
290
income
-
-
-
1 711
pensions
-
-
-
9 527
surtax
-
-
-
-
total
-
-
-
13 521
Employee
21 795
-
25 527
-
surtax
-
-
-
-
social contributions
621
-
728
-
income
1 286
-
1 738
-
pensions
2 464
-
2 888
-
total
4 371
-
5 354
-
Employer
21 795
-
25 527
-
other
752
-
880
-
unemployment
882
-
1 034
-
health
1 526
-
1 787
-
pensions
3 580
-
4 195
-
social contributions
66
-
76
-
total
6 806
-
7 972
-
Corporate
4 899
33 500
-
-
surtax
-
-
-
-
income
1 371
9 380
-
-
total
1 371
9 380
-
-
Dividends
3 528
24 120
-
-
social contributions
607
4 149
-
-
surtax
-
-
-
-
withholding
451
3 088
-
-
total
1 058
7 237
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 606
16 617
13 326
13 521
After tax
19 894
16 883
20 174
19 979
Living cost
17 423
17 423
17 423
17 423
Free-cash
2 471
-540
2 751
2 556

Estimated living cost  is ₴17423 per week

₴10986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4477
₴1186
₴4282
₴4016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 039
social contributions
-
-
-
954
health
-
-
-
290
income
-
-
-
1 711
pensions
-
-
-
9 527
surtax
-
-
-
-
total
-
-
-
13 521
Employee
19 455
-
25 527
-
surtax
-
-
-
-
social contributions
555
-
728
-
income
1 003
-
1 738
-
pensions
2 200
-
2 888
-
total
3 758
-
5 354
-
Employer
19 455
-
25 527
-
other
672
-
880
-
unemployment
788
-
1 034
-
health
1 362
-
1 787
-
pensions
3 197
-
4 195
-
social contributions
58
-
76
-
total
6 077
-
7 972
-
Corporate
7 970
33 500
-
-
surtax
-
-
-
-
income
2 231
9 380
-
-
total
2 231
9 380
-
-
Dividends
5 738
24 120
-
-
social contributions
987
4 149
-
-
surtax
-
-
-
-
withholding
734
3 088
-
-
total
1 721
7 237
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 787
16 617
13 326
13 521
After tax
19 713
16 883
20 174
19 979
Living cost
15 697
15 697
15 697
15 697
Free-cash
4 016
1 186
4 477
4 282

Estimated living cost  is ₴15697 per week

₴9103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9126
₴9639
₴10715
₴9903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 623
health
-
-
-
2 339
income
-
-
-
5 025
total
-
-
-
11 987
Employee
17 266
-
33 500
-
social contributions
2 383
-
4 623
-
income
2 880
-
6 614
-
health
1 205
-
2 339
-
total
6 468
-
13 576
-
Employer
17 266
-
33 500
-
total
-
-
-
-
Corporate
16 234
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%.

812
1 675
-
-
total
812
1 675
-
-
Dividends
15 422
31 825
-
-
social contributions
2 128
4 392
-
-
withholding
2 314
4 774
-
-
health
1 077
2 222
-
-
total
5 519
11 388
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 799
13 063
13 576
11 987
After tax
20 701
20 437
19 924
21 513
Living cost
10 798
10 798
10 798
10 798
Free-cash
9 903
9 639
9 126
10 715

Estimated living cost  is ₴10798 per week

₴7227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5742
₴1127
₴269
₴104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 563
income
-
-
-
3 169
chamber of commerce
-
-
-
134
pensions
-
-
-
6 197
surtax
-
-
-
101
unemployment
-
-
-
3 123
total
-
-
-
15 287
Employee
25 449
20 294
25 936
-
income
2 897
1 497
3 036
-
other
254
203
259
-
pensions
2 606
2 078
2 656
-
health
985
786
1 004
-
unemployment
763
609
778
-
total
7 505
5 173
7 733
-
Employer
25 449
20 294
25 936
-
other
1 209
963
1 232
-
unemployment
763
609
778
-
health
962
767
980
-
surtax
101
101
101
-
accident
331
264
337
-
pensions
3 194
2 547
3 255
-
payroll
763
609
778
-
chamber of commerce
101
81
103
-
total
7 424
5 941
7 564
-
Corporate
1 933
7 265
24 003
-
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.

483
1 816
6 001
-
total
483
1 816
6 001
-
Dividends
144
5 449
-
-
withholding
40
1 499
-
-
total
40
1 499
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 452
14 429
21 298
15 287
After tax
18 048
19 071
12 202
18 213
Living cost
17 944
17 944
17 944
17 944
Free-cash
104
1 127
-5 742
269

Estimated living cost  is ₴17944 per week

₴11968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4466
₴284
-₴1202
-₴13531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 285
communal

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

-
-
-
1 753
national
-
-
-
10 096
total
-
-
-
16 134
Employee

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

36 426
-
25 947
-
national
11 199
-
7 101
-
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.

2 732
-
1 946
-
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.

1 711
-
1 220
-
communal

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

1 900
-
1 353
-
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.

317
-
226
-
total
17 859
-
11 846
-
Employer

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

36 426
-
25 947
-
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.

532
-
379
-
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.

2 240
-
1 595
-
surtax
4 130
-
2 942
-
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.

474
-
337
-
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.

3 228
-
2 299
-
total
10 604
-
7 552
-
Corporate
-
33 500
-
-
surtax
-
134
-
-
income
-
6 700
-
-
total
-
6 834
-
-
Dividends
-
26 666
-
-
withholding

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

-
7 814
-
-
total
-
7 814
-
-
Income
33 500
33 500
33 500
33 500
Total tax
28 463
14 648
19 398
16 134
After tax
5 037
18 852
14 102
17 366
Living cost
18 568
18 568
18 568
18 568
Free-cash
-13 531
284
-4 466
-1 202

Estimated living cost  is ₴18568 per week

₴11960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴36
₴4220
-₴204
₴48
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34
accident
-
-
-
302
income
-
-
-
5 262
pensions
-
-
-
9 480
unemployment
-
-
-
235
total
-
-
-
15 313
Employee
25 349
-
25 402
-
income
5 348
-
5 364
-
other
25
-
25
-
pensions
1 192
-
1 193
-
unemployment
393
-
393
-
total
6 958
-
6 975
-
Employer
25 349
-
25 402
-
other
202
-
204
-
unemployment
1 394
-
1 397
-
accident
502
-
503
-
pensions
5 982
-
5 994
-
total
8 080
-
8 098
-
Corporate
71
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.

11
5 025
-
-
total
11
5 025
-
-
Dividends
61
28 475
-
-
withholding
12
5 864
-
-
total
12
5 864
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 061
10 889
15 073
15 313
After tax
18 439
22 611
18 427
18 187
Living cost
18 391
18 391
18 391
18 391
Free-cash
48
4 220
36
-204

Estimated living cost  is ₴18391 per week

₴13543
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.
₴265
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5243
-₴6762
-₴5884
-₴9672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 512
accident
-
-
-
302
income
-
-
-
1 763
pensions
-
-
-
5 360
communal
-
-
-
-
surtax
-
-
-
1 773
total
-
-
-
11 710
Employee
38 564
-
29 924
-
surtax
2 364
-
1 834
-
income
3 725
-
1 933
-
pensions
3 085
-
2 394
-
health
1 716
-
1 332
-
total
10 890
-
7 493
-
Employer
38 564
-
29 924
-
health
1 176
-
912
-
accident
347
-
270
-
pensions
3 085
-
2 394
-
total
4 608
-
3 576
-
Corporate
-
33 500
-
-
surtax
-
352
-
-
income
-
5 025
-
-
communal
-
2 261
-
-
total
-
7 638
-
-
Dividends
-
25 862
-
-
income
-
1 071
-
-
withholding
-
3 879
-
-
total
-
4 950
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 498
12 588
11 069
11 710
After tax
18 002
20 912
22 431
21 790
Living cost
27 674
27 674
27 674
27 674
Free-cash
-9 672
-6 762
-5 243
-5 884

Estimated living cost  is ₴27674 per week

₴20760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6409
₴9633
₴7140
₴8014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
2 378
income
-
-
-
5 309
pensions
-
-
-
6 700
surtax
-
-
-
419
unemployment
-
-
-
116
total
-
-
-
14 922
Employee
17 149
-
27 675
-
surtax
61
-
363
-
income
2 875
-
4 987
-
other
-
-
-
-
pensions
1 144
-
1 846
-
health
438
-
706
-
unemployment
1 193
-
1 926
-
total
5 711
-
9 828
-
Employer
17 149
-
27 675
-
other
-
-
-
-
unemployment
544
-
877
-
health
780
-
1 259
-
pensions
2 286
-
3 689
-
total
3 610
-
5 825
-
Corporate
12 740
33 500
-
-
income
3 313
8 710
-
-
total
3 313
8 710
-
-
Dividends
9 428
24 790
-
-
withholding
1 414
3 719
-
-
total
1 414
3 719
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 048
12 429
15 653
14 922
After tax
19 452
21 071
17 847
18 578
Living cost
11 438
11 438
11 438
11 438
Free-cash
8 014
9 633
6 409
7 140

Estimated living cost  is ₴11438 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2441
₴3890
₴4324
₴2760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 616
national
-
-
-
6 138
regional
-
-
-
505
municipal
-
-
-
199
total
-
-
-
15 458
Employee
28 248
-
33 500
-
social contributions
9 526
-
11 296
-
municipal
150
-
178
-
national
4 475
-
5 416
-
regional
380
-
451
-
total
14 531
-
17 341
-
Employer
28 248
-
33 500
-
total
-
-
-
-
Corporate
5 252
33 500
-
-
nationa
1 260
8 040
-
-
municipal
261
1 665
-
-
total
1 521
9 705
-
-
Dividends
3 731
23 795
-
-
withholding
970
6 187
-
-
total
970
6 187
-
-
Income
33 500
33 500
33 500
33 500
Total tax
17 022
15 892
17 341
15 458
After tax
16 478
17 608
16 159
18 042
Living cost
13 718
13 718
13 718
13 718
Free-cash
2 760
3 890
2 441
4 324

Estimated living cost  is ₴13718 per week

₴8531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1532
₴7597
₴848
₴2077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 782
health
-
-
-
4 523
income
-
-
-
2 879
solidarity contribution
-
-
-
-
total
-
-
-
17 184
Employee
22 747
-
25 000
-
social contributions
1 479
-
1 625
-
solidarity contribution
-
-
-
-
income
2 730
-
3 000
-
health
3 071
-
3 375
-
total
7 280
-
8 000
-
Employer
22 747
-
25 000
-
health
2 047
-
2 250
-
social contributions
5 687
-
6 250
-
total
7 734
-
8 500
-
Corporate
3 018
33 500
-
-
income
574
6 365
-
-
total
574
6 365
-
-
Dividends
2 445
27 135
-
-
withholding
367
4 070
-
-
total
367
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 955
10 435
16 500
17 184
After tax
17 545
23 065
17 000
16 316
Living cost
15 468
15 468
15 468
15 468
Free-cash
2 077
7 597
1 532
848

Estimated living cost  is ₴15468 per week

₴11503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4022
₴2880
₴2067
₴2627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 563
income
-
-
-
3 169
chamber of commerce
-
-
-
134
pensions
-
-
-
6 197
surtax
-
-
-
-
unemployment
-
-
-
3 123
total
-
-
-
15 186
Employee
22 260
20 294
26 012
-
income
1 983
1 497
3 059
-
other
222
203
260
-
pensions
2 280
2 078
2 663
-
health
861
786
1 007
-
unemployment
668
609
780
-
total
6 014
5 173
7 769
-
Employer
22 260
20 294
26 012
-
other
1 057
963
1 236
-
unemployment
668
609
780
-
health
842
767
983
-
surtax
-
-
-
-
accident
289
264
338
-
pensions
2 794
2 547
3 264
-
payroll
668
609
780
-
chamber of commerce
89
81
104
-
total
6 407
5 840
7 485
-
Corporate
4 834
7 365
24 082
-
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.

1 208
1 841
6 021
-
total
1 208
1 841
6 021
-
Dividends
3 626
5 524
-
-
withholding
997
1 519
-
-
total
997
1 519
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 626
14 373
21 275
15 186
After tax
18 874
19 127
12 225
18 314
Living cost
16 247
16 247
16 247
16 247
Free-cash
2 627
2 880
-4 022
2 067

Estimated living cost  is ₴16247 per week

₴9746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20153
₴25178
₴26518
₴23931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
8 309
-
33 500
-
income
1 662
-
6 700
-
total
1 662
-
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%.

25 191
33 500
-
-
total
-
-
-
-
Dividends
25 191
33 500
-
-
withholding
1 260
1 675
-
-
total
1 260
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 922
1 675
6 700
335
After tax
30 578
31 825
26 800
33 165
Living cost
6 647
6 647
6 647
6 647
Free-cash
23 931
25 178
20 153
26 518

Estimated living cost  is ₴6647 per week

₴4498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3476
₴9406
₴4438
₴5145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 296
income
-
-
-
5 939
pensions
-
-
-
6 118
unemployment
-
-
-
50
total
-
-
-
15 403
Employee

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

22 519
-
28 986
-
income
3 883
-
5 444
-
pensions
3 491
-
4 493
-
health
1 454
-
1 873
-
unemployment
32
-
41
-
total
8 860
-
11 851
-
Employer

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

22 519
-
28 986
-
unemployment
14
-
17
-
health
1 500
-
1 931
-
pensions
1 993
-
2 566
-
total
3 507
-
4 514
-
Corporate
7 475
33 500
-
-
income
1 421
6 365
-
-
total
1 421
6 365
-
-
Dividends
6 055
27 135
-
-
withholding
908
4 070
-
-
total
908
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 696
10 435
16 365
15 403
After tax
18 804
23 065
17 135
18 097
Living cost
13 659
13 659
13 659
13 659
Free-cash
5 145
9 406
3 476
4 438

Estimated living cost  is ₴13659 per week

₴9374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3414
-₴2676
₴94
-₴46175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 819
income
-
-
-
6 530
total
-
-
-
10 349
Employee
33 060
-
-
-
social contributions
2 711
-
386
-
income
7 292
-
-
-
total
10 003
-
386
-
Employer
33 060
-
-
-
social contributions
46 615
-
6 643
-
total
46 615
-
6 643
-
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
56 618
13 119
7 029
10 349
After tax
-23 118
20 381
26 471
23 151
Living cost
23 057
23 057
23 057
23 057
Free-cash
-46 175
-2 676
3 414
94

Estimated living cost  is ₴23057 per week

₴14960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2168
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.
₴5634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2112
₴3082
₴3194
₴2570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
11 641
income
-
-
-
2 692
surtax
-
-
-
-
total
-
-
-
14 333
Employee
23 421
-
27 071
-
surtax
-
-
-
-
social contributions
2 576
-
2 977
-
income
4 872
-
6 009
-
total
7 448
-
8 986
-
Employer
23 421
-
27 071
-
social contributions
5 562
-
6 429
-
total
5 562
-
6 429
-
Corporate
4 516
33 500
-
-
surtax
-
-
-
-
income
948
7 035
-
-
total
948
7 035
-
-
Dividends
3 568
26 465
-
-
withholding
999
7 410
-
-
total
999
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 957
14 445
15 415
14 333
After tax
18 543
19 055
18 085
19 167
Living cost
15 973
15 973
15 973
15 973
Free-cash
2 570
3 082
2 112
3 194

Estimated living cost  is ₴15973 per week

₴11951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴942
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.
₴2813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4422
-₴7713
-₴4617
-₴8356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 039
social contributions
-
-
-
954
health
-
-
-
290
income
-
-
-
1 711
pensions
-
-
-
9 527
surtax
-
-
-
-
total
-
-
-
13 521
Employee
31 895
-
25 527
-
surtax
-
-
-
-
social contributions
908
-
728
-
income
2 783
-
1 738
-
pensions
3 607
-
2 888
-
total
7 298
-
5 354
-
Employer
31 895
-
25 527
-
other
1 101
-
880
-
unemployment
1 292
-
1 034
-
health
2 232
-
1 787
-
pensions
5 241
-
4 195
-
social contributions
96
-
76
-
total
9 962
-
7 972
-
Corporate
-
33 500
-
-
surtax
-
-
-
-
income
-
9 380
-
-
total
-
9 380
-
-
Dividends
-
24 120
-
-
social contributions
-
4 149
-
-
surtax
-
-
-
-
withholding
-
3 088
-
-
total
-
7 237
-
-
Income
33 500
33 500
33 500
33 500
Total tax
17 260
16 617
13 326
13 521
After tax
16 240
16 883
20 174
19 979
Living cost
24 596
24 596
24 596
24 596
Free-cash
-8 356
-7 713
-4 422
-4 617

Estimated living cost  is ₴24596 per week

₴16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11616
₴14842
₴10674
₴13131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
147
social contributions
-
-
-
7 371
total
-
-
-
7 518
Employee
16 372
-
29 004
-
income
-
-
196
-
social contributions
1 064
-
1 884
-
total
1 064
-
2 080
-
Employer
16 372
-
29 004
-
social contributions
2 538
-
4 496
-
total
2 538
-
4 496
-
Corporate
14 591
33 500
-
-
income
1 459
3 350
-
-
total
1 459
3 350
-
-
Dividends
13 132
30 150
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
5 061
3 350
6 576
7 518
After tax
28 439
30 150
26 924
25 982
Living cost
15 308
15 308
15 308
15 308
Free-cash
13 131
14 842
11 616
10 674

Estimated living cost  is ₴15308 per week

₴9898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1154
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.
₴3968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴77286
-₴77286
-₴3020
-₴77286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 645
pensions
-
-
-
441
national
-
-
-
3 288
municipal
-
-
-
5 658
total
-
-
-
12 032
Employee
103 359
103 359
103 359
-
labour market
8 257
8 257
8 257
-
municipal
22 010
22 010
22 010
-
national
12 627
12 627
12 627
-
pensions
147
147
147
-
total
43 041
43 041
43 041
-
Employer
103 359
103 359
103 359
-
national
12 649
12 649
12 649
-
labour market
8 269
8 269
8 269
-
pensions
294
294
294
-
municipal
22 045
22 045
22 045
-
total
43 257
43 257
43 257
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
86 298
86 298
86 298
12 032
After tax
-52 798
-52 798
-52 798
21 468
Living cost
24 488
24 488
24 488
24 488
Free-cash
-77 286
-77 286
-77 286
-3 020

Estimated living cost  is ₴24488 per week

₴16760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6278
-₴8383
₴12008
₴1012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
190
health
-
-
-
1 117
accident
-
-
-
129
income
-
-
-
6 829
pensions
-
-
-
2 130
total
-
-
-
10 395
Employee
17 457
-
27 828
-
income
2 395
-
4 133
-
pensions
1 966
-
3 134
-
health
1 999
-
3 186
-
total
6 360
-
10 453
-
Employer
17 457
-
27 828
-
unemployment
428
-
682
-
accident
291
-
465
-
pensions
2 838
-
4 525
-
total
3 557
-
5 672
-
Corporate
12 486
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.

11 237
30 150
-
-
total
11 237
30 150
-
-
Dividends
1 249
3 350
-
-
withholding
237
636
-
-
total
237
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 391
30 786
16 125
10 395
After tax
12 109
2 714
17 375
23 105
Living cost
11 097
11 097
11 097
11 097
Free-cash
1 012
-8 383
6 278
12 008

Estimated living cost  is ₴11097 per week

₴8078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴939
₴3445
₴5835
₴1143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
303
national
-
-
-
1 836
municipal
-
-
-
5 975
total
-
-
-
8 114
Employee
26 792
-
28 181
-
municipal
4 388
-
4 614
-
national
443
-
532
-
pensions
1 808
-
1 902
-
health
200
-
221
-
unemployment
402
-
422
-
total
7 241
-
7 691
-
Employer
26 792
-
28 181
-
unemployment
174
-
184
-
health
206
-
217
-
accident
27
-
28
-
pensions
4 648
-
4 890
-
total
5 055
-
5 319
-
Corporate
1 653
33 500
-
-
income
331
6 700
-
-
total
331
6 700
-
-
Dividends

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

992
20 100
-
-
national
-
186
-
-
municipal
179
3 618
-
-
total
179
3 804
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 806
10 504
13 010
8 114
After tax
20 694
22 996
20 490
25 386
Living cost
19 551
19 551
19 551
19 551
Free-cash
1 143
3 445
939
5 835

Estimated living cost  is ₴19551 per week

₴12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11696
₴10194
₴13897
₴10061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 226
health
-
-
-
854
income
-
-
-
1 733
total
-
-
-
7 813
Employee
39 158
39 158
39 158
-
social contributions
1 480
3 250
2 524
-
income
4 264
3 625
3 887
-
health
303
666
517
-
total
6 047
7 541
6 928
-
Employer
39 158
39 158
39 158
-
health
330
725
562
-
social contributions
1 480
3 250
2 524
-
total
1 810
3 975
3 086
-
Corporate
13 852
-
-
-
income
1 732
-
-
-
total
1 732
-
-
-
Dividends
12 120
-
-
-
withholding
2 060
-
-
-
total
2 060
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 649
11 516
10 014
7 813
After tax
21 851
21 984
23 486
25 687
Living cost
11 790
11 790
11 790
11 790
Free-cash
10 061
10 194
11 696
13 897

Estimated living cost  is ₴11790 per week

₴7066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12638
₴19656
₴17374
₴17066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 843
income
-
-
-
2 945
pensions
-
-
-
3 239
unemployment
-
-
-
14
total
-
-
-
8 041
Employee

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

11 689
-
30 372
-
income
799
-
2 359
-
pensions
1 753
-
4 556
-
health
993
-
2 581
-
unemployment
58
-
152
-
total
3 603
-
9 648
-
Employer

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

11 689
-
30 372
-
unemployment
58
-
152
-
health
503
-
1 306
-
pensions
643
-
1 671
-
total
1 204
-
3 129
-
Corporate
20 608
33 500
-
-
income
1 854
3 015
-
-
total
1 854
3 015
-
-
Dividends
18 754
30 485
-
-
withholding
1 688
2 744
-
-
total
1 688
2 744
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 349
5 759
12 777
8 041
After tax
25 151
27 741
20 723
25 459
Living cost
8 085
8 085
8 085
8 085
Free-cash
17 066
19 656
12 638
17 374

Estimated living cost  is ₴8085 per week

₴5159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴583
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.
₴2103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4424
₴8608
₴4184
₴5938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34
accident
-
-
-
302
income
-
-
-
5 262
pensions
-
-
-
9 480
unemployment
-
-
-
235
total
-
-
-
15 313
Employee
18 830
-
25 402
-
income
3 630
-
5 364
-
other
18
-
25
-
pensions
885
-
1 193
-
unemployment
292
-
393
-
total
4 825
-
6 975
-
Employer
18 830
-
25 402
-
other
151
-
204
-
unemployment
1 036
-
1 397
-
accident
373
-
503
-
pensions
4 443
-
5 994
-
total
6 003
-
8 098
-
Corporate
8 667
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.

1 300
5 025
-
-
total
1 300
5 025
-
-
Dividends
7 368
28 475
-
-
withholding
1 431
5 864
-
-
total
1 431
5 864
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 559
10 889
15 073
15 313
After tax
19 941
22 611
18 427
18 187
Living cost
14 003
14 003
14 003
14 003
Free-cash
5 938
8 608
4 424
4 184

Estimated living cost  is ₴14003 per week

₴9452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1346
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.
₴2960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20204
₴19957
₴20271
₴19802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
501
income
-
-
-
11 090
pensions
-
-
-
691
total
-
-
-
12 282
Employee
1 442
-
32 723
-
income
279
-
11 053
-
pensions
130
-
311
-
health
72
-
173
-
unemployment
14
-
35
-
total
495
-
11 572
-
Employer
1 442
-
32 723
-
unemployment
29
-
69
-
health
137
-
328
-
pensions
159
-
380
-
total
325
-
777
-
Corporate
31 734
33 500
-
-
income
6 981
7 370
-
-
total
6 981
7 370
-
-
Dividends
24 752
26 130
-
-
withholding
4 950
5 226
-
-
total
4 950
5 226
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 751
12 596
12 349
12 282
After tax
20 749
20 904
21 151
21 218
Living cost
947
947
947
947
Free-cash
19 802
19 957
20 204
20 271

Estimated living cost  is ₴947 per week

₴563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9064
₴15381
₴7635
₴12870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 450
income
-
-
-
4 379
pensions
-
-
-
8 710
unemployment
-
-
-
503
total
-
-
-
17 042
Employee

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

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

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

13 305
-
28 414
-
income
1 834
-
4 873
-
pensions
1 863
-
3 978
-
health
685
-
1 463
-
unemployment
100
-
213
-
total
4 482
-
10 527
-
Employer

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

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

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

13 305
-
28 414
-
unemployment
100
-
213
-
health
685
-
1 463
-
pensions
1 597
-
3 410
-
total
2 382
-
5 086
-
Corporate
17 813
33 500
-
-
income
2 672
5 025
-
-
total
2 672
5 025
-
-
Dividends
15 141
28 475
-
-
withholding
2 271
4 271
-
-
total
2 271
4 271
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 807
9 296
15 613
17 042
After tax
21 693
24 204
17 887
16 458
Living cost
8 823
8 823
8 823
8 823
Free-cash
12 870
15 381
9 064
7 635

Estimated living cost  is ₴8823 per week

₴5941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4356
₴5326
₴5438
₴5142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
11 641
income
-
-
-
2 692
surtax
-
-
-
-
total
-
-
-
14 333
Employee
19 765
-
27 071
-
surtax
-
-
-
-
social contributions
2 174
-
2 977
-
income
3 862
-
6 009
-
total
6 036
-
8 986
-
Employer
19 765
-
27 071
-
social contributions
4 694
-
6 429
-
total
4 694
-
6 429
-
Corporate
9 042
33 500
-
-
surtax
-
-
-
-
income
1 899
7 035
-
-
total
1 899
7 035
-
-
Dividends
7 143
26 465
-
-
withholding
2 000
7 410
-
-
total
2 000
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 629
14 445
15 415
14 333
After tax
18 871
19 055
18 085
19 167
Living cost
13 729
13 729
13 729
13 729
Free-cash
5 142
5 326
4 356
5 438

Estimated living cost  is ₴13729 per week

₴9724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴530
₴4714
₴290
₴733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34
accident
-
-
-
302
income
-
-
-
5 262
pensions
-
-
-
9 480
unemployment
-
-
-
235
total
-
-
-
15 313
Employee
24 594
-
25 402
-
income
5 137
-
5 364
-
other
24
-
25
-
pensions
1 156
-
1 193
-
unemployment
381
-
393
-
total
6 698
-
6 975
-
Employer
24 594
-
25 402
-
other
197
-
204
-
unemployment
1 353
-
1 397
-
accident
487
-
503
-
pensions
5 804
-
5 994
-
total
7 841
-
8 098
-
Corporate
1 065
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.

159
5 025
-
-
total
159
5 025
-
-
Dividends
905
28 475
-
-
withholding
172
5 864
-
-
total
172
5 864
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 870
10 889
15 073
15 313
After tax
18 630
22 611
18 427
18 187
Living cost
17 897
17 897
17 897
17 897
Free-cash
733
4 714
530
290

Estimated living cost  is ₴17897 per week

₴12853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴15747
₴19927
₴15035
₴16840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 035
income
-
-
-
5 025
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
9 750
Employee
11 539
-
30 028
-
income
1 154
-
3 003
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 013
-
1 554
-
health
531
-
814
-
total
2 825
-
5 566
-
Employer
11 539
-
30 028
-
unemployment
69
-
106
-
health
796
-
1 221
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 272
-
1 950
-
total
2 264
-
3 472
-
Corporate
19 697
33 500
-
-
income
1 970
3 350
-
-
total
1 970
3 350
-
-
Dividends
17 727
30 150
-
-
withholding
886
1 508
-
-
total
886
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 945
4 858
9 038
9 750
After tax
25 555
28 642
24 462
23 750
Living cost
8 715
8 715
8 715
8 715
Free-cash
16 840
19 927
15 747
15 035

Estimated living cost  is ₴8715 per week

₴5764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
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.
₴2244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5630
-₴2327
₴4220
₴4334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 479
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.

-
-
-
4 485
surtax

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

-
-
-
246
trade
-
-
-
1 410
total
-
-
-
9 620
Employee

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

25 338
-
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.

115
-
246
-
income

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

2 084
-
4 485
-
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.

3 479
-
3 479
-
total
5 678
-
8 210
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 162
33 500
-
-
chamber of commerce
89
127
-
-
surtax

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

68
276
-
-
trade
1 171
4 808
-
-
income
1 224
5 025
-
-
total
2 552
10 236
-
-
Dividends
5 610
23 264
-
-
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
309
-
-
withholding
1 209
5 622
-
-
total
1 276
5 931
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 506
16 167
8 210
9 620
After tax
23 994
17 333
25 290
23 880
Living cost
19 660
19 660
19 660
19 660
Free-cash
4 334
-2 327
5 630
4 220

Estimated living cost  is ₴19660 per week

₴13562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3226
-₴5558
-₴3226
-₴6333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 105
social contributions
-
-
-
2 613
total
-
-
-
7 718
Employee
39 834
-
33 500
-
income
7 516
-
5 105
-
social contributions
3 309
-
2 613
-
total
10 825
-
7 718
-
Employer
39 834
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
4 187
-
-
total
-
4 187
-
-
Dividends
-
29 313
-
-
withholding
-
5 863
-
-
total
-
5 863
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 825
10 050
7 718
7 718
After tax
22 675
23 450
25 782
25 782
Living cost
29 008
29 008
29 008
29 008
Free-cash
-6 333
-5 558
-3 226
-3 226

Estimated living cost  is ₴29008 per week

₴22069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5847
₴599
-₴2642
₴3548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 496
health

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

-
-
-
3 161
total
-
-
-
17 657
Employee
23 361
-
31 158
-
income
2 535
-
4 483
-
social contributions
2 341
-
2 342
-
total
4 876
-
6 825
-
Employer
23 361
-
31 158
-
social contributions
2 341
-
2 342
-
total
2 341
-
2 342
-
Corporate
7 799
33 500
-
-
income
2 729
11 725
-
-
total
2 729
11 725
-
-
Dividends
5 070
21 775
-
-
social contributions
1 520
2 690
-
-
total
1 520
2 690
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 466
14 415
9 167
17 657
After tax
22 034
19 085
24 333
15 843
Living cost
18 486
18 486
18 486
18 486
Free-cash
3 548
599
5 847
-2 642

Estimated living cost  is ₴18486 per week

₴12176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2740
₴6310
₴6274
₴3455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 266
pensions
-
-
-
2 170
total
-
-
-
8 436
Employee
25 792
-
29 779
-
income
4 697
-
5 383
-
health
336
-
418
-
pensions
1 969
-
2 448
-
total
7 002
-
8 249
-
Employer
25 792
-
29 779
-
health
490
-
566
-
pensions
2 606
-
3 155
-
total
3 096
-
3 721
-
Corporate
4 612
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.

877
6 365
-
-
total
877
6 365
-
-
Dividends
3 735
27 135
-
-
withholding
280
2 035
-
-
total
280
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 255
8 400
11 970
8 436
After tax
22 245
25 100
21 530
25 064
Living cost
18 790
18 790
18 790
18 790
Free-cash
3 455
6 310
2 740
6 274

Estimated living cost  is ₴18790 per week

₴12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴5179
-₴9482
₴10909
₴843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
190
health
-
-
-
1 117
accident
-
-
-
129
income
-
-
-
6 829
pensions
-
-
-
2 130
total
-
-
-
10 395
Employee
19 185
-
27 828
-
income
2 632
-
4 133
-
pensions
2 160
-
3 134
-
health
2 197
-
3 186
-
total
6 989
-
10 453
-
Employer
19 185
-
27 828
-
unemployment
470
-
682
-
accident
320
-
465
-
pensions
3 119
-
4 525
-
total
3 909
-
5 672
-
Corporate
10 406
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.

9 365
30 150
-
-
total
9 365
30 150
-
-
Dividends
1 041
3 350
-
-
withholding
198
636
-
-
total
198
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 461
30 786
16 125
10 395
After tax
13 039
2 714
17 375
23 105
Living cost
12 196
12 196
12 196
12 196
Free-cash
843
-9 482
5 179
10 909

Estimated living cost  is ₴12196 per week

₴8950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12723
₴21581
₴12723
₴19100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 670
health insurance
-
-
-
2 479
work injury
-
-
-
168
pensions
-
-
-
6 164
unemployment
-
-
-
402
total
-
-
-
13 883
Employee

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

11 030
-
33 500
-
income
1 103
-
4 670
-
work injury
55
-
168
-
health insurance
816
-
2 479
-
pensions
2 030
-
6 164
-
unemployment
132
-
402
-
total
4 136
-
13 883
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 470
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
22 470
33 500
-
-
withholding
3 370
5 025
-
-
total
3 370
5 025
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 506
5 025
13 883
13 883
After tax
25 994
28 475
19 617
19 617
Living cost
6 894
6 894
6 894
6 894
Free-cash
19 100
21 581
12 723
12 723

Estimated living cost  is ₴6894 per week

₴4271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4160
-₴2641
-₴2299
-₴9413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 616
national
-
-
-
6 138
regional
-
-
-
534
municipal
-
-
-
224
total
-
-
-
15 512
Employee
42 912
-
33 500
-
social contributions
14 470
-
11 296
-
municipal
256
-
200
-
national
7 252
-
5 416
-
regional
648
-
461
-
total
22 626
-
17 373
-
Employer
42 912
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
nationa
-
8 040
-
-
municipal
-
1 615
-
-
total
-
9 655
-
-
Dividends
-
23 845
-
-
withholding
-
6 199
-
-
total
-
6 199
-
-
Income
33 500
33 500
33 500
33 500
Total tax
22 626
15 854
17 373
15 512
After tax
10 874
17 646
16 127
17 988
Living cost
20 287
20 287
20 287
20 287
Free-cash
-9 413
-2 641
-4 160
-2 299

Estimated living cost  is ₴20287 per week

₴14250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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