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
₴7517
₴10279
₴2070
₴8608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 364
trade
-
-
-
1 671
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.

-
-
-
4 686
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.

-
-
-
258
total
-
-
-
9 979
Employee

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

18 832
-
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.

3 364
-
3 364
-
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.

526
-
4 686
-
surtax

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

29
-
258
-
total
3 919
-
8 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 668
33 500
-
-
income
2 200
5 025
-
-
chamber of commerce
96
123
-
-
surtax

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

121
277
-
-
trade
2 310
5 276
-
-
total
4 727
10 701
-
-
Dividends
9 940
22 799
-
-
surtax

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

126
303
-
-
withholding
2 298
5 513
-
-
total
2 424
5 816
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 070
16 517
8 308
9 979
After tax
22 430
16 983
25 192
23 521
Living cost
14 913
14 913
14 913
14 913
Free-cash
7 517
2 070
10 279
8 608

Estimated living cost  is ₴14913 per week

₴9381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10284
-₴4848
-₴4990
-₴5111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
360
municipal
-
-
-
3 270
pensions
-
-
-
4 020
national
-
-
-
5 067
total
-
-
-
12 717
Employee
40 140
-
28 960
-
pensions
1 606
-
1 158
-
municipal
4 958
-
3 400
-
national
7 683
-
5 268
-
total
14 247
-
9 826
-
Employer
40 140
-
28 960
-
pensions
3 211
-
2 317
-
social contributions
432
-
311
-
total
3 643
-
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
17 890
12 596
12 454
12 717
After tax
15 610
20 904
21 046
20 783
Living cost
25 894
25 894
25 894
25 894
Free-cash
-10 284
-4 990
-4 848
-5 111

Estimated living cost  is ₴25894 per week

₴17600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12518
₴8819
₴16557
₴16682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 550
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
5 025
total
-
-
-
6 575
Employee
14 387
-
26 997
-
social contributions

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

1 583
-
2 969
-
income
2 561
-
4 966
-
surtax
-
-
-
-
total
4 144
-
7 935
-
Employer
14 387
-
26 997
-
surtax
-
-
-
-
social contributions

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

3 466
-
6 503
-
total
3 466
-
6 503
-
Corporate
15 647
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%.

3 129
6 700
-
-
total
3 129
6 700
-
-
Dividends

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

12 518
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 739
6 700
14 438
6 575
After tax
22 761
26 800
19 062
26 925
Living cost
10 243
10 243
10 243
10 243
Free-cash
12 518
16 557
8 819
16 682

Estimated living cost  is ₴10243 per week

₴6535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15393
-₴15393
-₴12629
-₴1524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 003
income
-
-
-
3 626
pensions
-
-
-
5 769
total
-
-
-
14 398
Employee
42 046
42 046
42 046
-
pensions
7 568
5 769
7 568
-
health
6 454
5 489
6 454
-
income

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

6 882
6 882
6 882
-
total
20 904
18 140
20 904
-
Employer
42 046
42 046
42 046
-
pensions
2 926
2 926
2 926
-
health
2 923
2 923
2 923
-
unemployment
1 514
1 514
1 514
-
total
7 363
7 363
7 363
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
28 267
25 503
28 267
14 398
After tax
5 233
7 997
5 233
19 102
Living cost
20 626
20 626
20 626
20 626
Free-cash
-15 393
-12 629
-15 393
-1 524

Estimated living cost  is ₴20626 per week

₴14617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₴4427
-₴2364
-₴1962
-₴3553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
67
health
-
-
-
2 090
municipal
-
-
-
7 096
pensions
-
-
-
3 621
other
-
-
-
3 893
unemployment
-
-
-
33
national
-
-
-
-
total
-
-
-
16 800
Employee
28 859
-
25 491
-
municipal
8 606
-
7 601
-
national
-
-
-
-
total
8 606
-
7 601
-
Employer
28 859
-
25 491
-
pensions
3 120
-
2 756
-
other
3 353
-
2 962
-
health
1 775
-
1 568
-
unemployment
762
-
673
-
accident
58
-
51
-
total
9 068
-
8 010
-
Corporate
-
33 500
-
-
income
-
7 370
-
-
total
-
7 370
-
-
Dividends
-
26 130
-
-
withholding
-
7 839
-
-
total
-
7 839
-
-
Income
33 500
33 500
33 500
33 500
Total tax
17 674
15 209
15 611
16 800
After tax
15 826
18 291
17 889
16 700
Living cost
20 253
20 253
20 253
20 253
Free-cash
-4 427
-1 962
-2 364
-3 553

Estimated living cost  is ₴20253 per week

₴13423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4388
₴5850
-₴2531
₴4105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 364
trade
-
-
-
1 745
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.

-
-
-
4 686
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.

-
-
-
258
total
-
-
-
10 053
Employee

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

24 969
-
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.

3 364
-
3 364
-
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.

2 145
-
4 686
-
surtax

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

118
-
258
-
total
5 627
-
8 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 531
33 500
-
-
income
1 280
5 025
-
-
chamber of commerce
87
122
-
-
surtax

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

70
277
-
-
trade
1 403
5 511
-
-
total
2 840
10 935
-
-
Dividends
5 691
22 565
-
-
surtax

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

68
300
-
-
withholding
1 235
5 454
-
-
total
1 303
5 754
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 770
16 689
8 308
10 053
After tax
23 730
16 811
25 192
23 447
Living cost
19 342
19 342
19 342
19 342
Free-cash
4 388
-2 531
5 850
4 105

Estimated living cost  is ₴19342 per week

₴12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6599
₴7673
₴6396
₴9547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 903
total
-
-
-
7 983
Employee
37 861
37 861
37 861
-
health
377
644
517
-
social contributions
1 840
3 142
2 525
-
income
3 976
3 505
3 728
-
total
6 193
7 291
6 770
-
Employer
37 861
37 861
37 861
-
health
410
701
562
-
social contributions
1 840
3 142
2 525
-
total
2 250
3 843
3 087
-
Corporate
9 088
-
-
-
income
1 136
-
-
-
total
1 136
-
-
-
Dividends
7 952
-
-
-
withholding
1 352
-
-
-
total
1 352
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 931
11 134
9 857
7 983
After tax
22 569
22 366
23 643
25 517
Living cost
15 970
15 970
15 970
15 970
Free-cash
6 599
6 396
7 673
9 547

Estimated living cost  is ₴15970 per week

₴10917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1247
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.
₴3537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10063
₴10362
₴9875
₴14150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
502
total
-
-
-
10 292
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.

13 075
5 204
28 033
-
unemployment
196
78
421
-
pensions
1 307
520
2 803
-
health
915
364
1 962
-
income
1 598
636
3 427
-
total
4 016
1 598
8 613
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 075
5 204
28 033
-
pensions
2 550
1 015
5 467
-
total
2 550
1 015
5 467
-
Corporate
17 875
27 282
-
-
income
1 609
2 455
-
-
total
1 609
2 455
-
-
Dividends
16 267
24 826
-
-
social contributions
3 113
4 782
-
-
withholding
3 091
4 717
-
-
total
6 204
9 499
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 379
14 567
14 080
10 292
After tax
19 121
18 933
19 420
23 208
Living cost
9 058
9 058
9 058
9 058
Free-cash
10 063
9 875
10 362
14 150

Estimated living cost  is ₴9058 per week

₴6181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴11849
₴7417
₴14907
₴6186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 366
pensions
-
-
-
6 700
total
-
-
-
15 421
Employee
13 968
-
25 037
-
unemployment
223
-
401
-
pensions
279
-
501
-
income
1 573
-
4 827
-
total
2 075
-
5 729
-
Employer
13 968
-
25 037
-
pensions
2 794
-
5 007
-
health
1 815
-
3 254
-
unemployment
112
-
200
-
total
4 721
-
8 461
-
Corporate
14 811
33 500
-
-
income
2 962
6 700
-
-
total
2 962
6 700
-
-
Dividends
11 849
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 758
6 700
14 190
15 421
After tax
23 742
26 800
19 310
18 079
Living cost
11 893
11 893
11 893
11 893
Free-cash
11 849
14 907
7 417
6 186

Estimated living cost  is ₴11893 per week

₴8157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1027
₴6318
-₴8279
₴12105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
126
health
-
-
-
1 090
income
-
-
-
6 923
pensions
-
-
-
2 079
other
-
-
-
185
total
-
-
-
10 403
Employee
17 292
-
27 828
-
pensions
1 947
-
3 133
-
health
1 980
-
3 186
-
income
2 372
-
4 199
-
total
6 299
-
10 518
-
Employer
17 292
-
27 828
-
pensions
2 812
-
4 525
-
unemployment
424
-
682
-
accident
289
-
465
-
total
3 525
-
5 672
-
Corporate
12 684
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.

11 416
30 150
-
-
total
11 416
30 150
-
-
Dividends
1 268
3 350
-
-
withholding
241
637
-
-
total
241
637
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 481
30 787
16 190
10 403
After tax
12 019
2 713
17 310
23 097
Living cost
10 992
10 992
10 992
10 992
Free-cash
1 027
-8 279
6 318
12 105

Estimated living cost  is ₴10992 per week

₴8057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴27037
₴22768
₴27793
₴29133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 040
-
33 500
-
income
1 008
-
6 700
-
total
1 008
-
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%.

28 460
33 500
-
-
total
-
-
-
-
Dividends
28 460
33 500
-
-
withholding
1 423
1 675
-
-
total
1 423
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 431
1 675
6 700
335
After tax
31 069
31 825
26 800
33 165
Living cost
4 032
4 032
4 032
4 032
Free-cash
27 037
27 793
22 768
29 133

Estimated living cost  is ₴4032 per week

₴2499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8169
₴6518
₴11492
₴5020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
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
other
-
-
-
1 591
total
-
-
-
15 360
Employee
17 877
-
26 758
-
unemployment
178
-
267
-
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.

1 251
-
1 872
-
health
250
-
375
-
income
3 078
-
4 606
-
total
4 757
-
7 120
-
Employer
17 877
-
26 758
-
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.

3 039
-
4 548
-
other
894
-
1 338
-
health
250
-
375
-
unemployment
178
-
267
-
accident
143
-
214
-
total
4 504
-
6 742
-
Corporate
11 117
33 500
-
-
income
2 335
7 035
-
-
total
2 335
7 035
-
-
Dividends
8 782
26 465
-
-
withholding
615
1 853
-
-
total
615
1 853
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 211
8 888
13 862
15 360
After tax
21 289
24 612
19 638
18 140
Living cost
13 120
13 120
13 120
13 120
Free-cash
8 169
11 492
6 518
5 020

Estimated living cost  is ₴13120 per week

₴9270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18339
-₴10769
-₴7124
-₴7191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 258
pensions
-
-
-
2 210
total
-
-
-
8 468
Employee
45 591
-
29 738
-
pensions
4 398
-
2 496
-
health
751
-
427
-
income
8 218
-
5 363
-
total
13 367
-
8 286
-
Employer
45 591
-
29 738
-
pensions
5 383
-
3 195
-
health
866
-
565
-
total
6 249
-
3 760
-
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.

-
6 366
-
-
total
-
6 366
-
-
Dividends
-
27 134
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
19 616
8 401
12 046
8 468
After tax
13 884
25 099
21 454
25 032
Living cost
32 223
32 223
32 223
32 223
Free-cash
-18 339
-7 124
-10 769
-7 191

Estimated living cost  is ₴32223 per week

₴24145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴19908
₴18182
₴22193
₴17438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 976
income
-
-
-
5 025
pensions

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

-
-
-
2 543
unemployment
-
-
-
69
total
-
-
-
9 613
Employee
8 539
-
30 129
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

750
-
1 508
-
health
393
-
790
-
income
854
-
3 013
-
total
2 091
-
5 500
-
Employer
8 539
-
30 129
-
pensions

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

941
-
1 893
-
health
589
-
1 185
-
unemployment
51
-
103
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
total
1 675
-
3 370
-
Corporate
23 286
33 500
-
-
income
2 329
3 350
-
-
total
2 329
3 350
-
-
Dividends
20 957
30 150
-
-
withholding
1 048
1 508
-
-
total
1 048
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 143
4 858
8 870
9 613
After tax
26 357
28 642
24 630
23 887
Living cost
6 448
6 448
6 448
6 448
Free-cash
19 908
22 193
18 182
17 438

Estimated living cost  is ₴6448 per week

₴3765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴20142
-₴22070
-₴19306
-₴8201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 003
income
-
-
-
3 626
pensions
-
-
-
5 769
total
-
-
-
14 398
Employee
45 649
42 046
42 046
-
pensions
5 769
5 769
7 568
-
health
5 695
5 489
6 454
-
income

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

6 882
6 882
6 882
-
total
18 346
18 140
20 904
-
Employer
45 649
42 046
42 046
-
pensions
3 177
2 926
2 926
-
health
3 172
2 923
2 923
-
unemployment
1 644
1 514
1 514
-
total
7 993
7 363
7 363
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
26 339
25 503
28 267
14 398
After tax
7 161
7 997
5 233
19 102
Living cost
27 303
27 303
27 303
27 303
Free-cash
-20 142
-19 306
-22 070
-8 201

Estimated living cost  is ₴27303 per week

₴20140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6498
₴4790
₴10855
₴4107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 522
income
-
-
-
2 879
solidarity contribution
-
-
-
-
total
-
-
-
17 183
Employee
17 955
-
25 000
-
solidarity contribution
-
-
-
-
health
2 424
-
3 375
-
social contributions
1 167
-
1 625
-
income
2 155
-
3 000
-
total
5 746
-
8 000
-
Employer
17 955
-
25 000
-
health
1 616
-
2 250
-
social contributions
4 489
-
6 250
-
total
6 105
-
8 500
-
Corporate
9 440
33 500
-
-
income
1 794
6 365
-
-
total
1 794
6 365
-
-
Dividends
7 646
27 135
-
-
withholding
1 147
4 070
-
-
total
1 147
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 792
10 435
16 500
17 183
After tax
18 708
23 065
17 000
16 317
Living cost
12 210
12 210
12 210
12 210
Free-cash
6 498
10 855
4 790
4 107

Estimated living cost  is ₴12210 per week

₴8481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₴10258
-₴4485
-₴2902
-₴2593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
199
regional
-
-
-
344
national
-
-
-
6 158
total
-
-
-
15 317
Employee
43 759
-
33 500
-
regional
413
-
301
-
municipal
232
-
178
-
national
7 582
-
5 434
-
social contributions
14 755
-
11 296
-
total
22 982
-
17 209
-
Employer
43 759
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 306
-
-
nationa
-
8 040
-
-
total
-
9 346
-
-
Dividends
-
24 154
-
-
withholding
-
6 280
-
-
total
-
6 280
-
-
Income
33 500
33 500
33 500
33 500
Total tax
22 982
15 626
17 209
15 317
After tax
10 518
17 874
16 291
18 183
Living cost
20 776
20 776
20 776
20 776
Free-cash
-10 258
-2 902
-4 485
-2 593

Estimated living cost  is ₴20776 per week

₴14483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴8675
₴6896
₴10206
₴7630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 379
income
-
-
-
5 368
surtax
-
-
-
446
pensions
-
-
-
6 700
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
15 005
Employee
16 282
-
27 674
-
unemployment
1 133
-
1 926
-
pensions
1 086
-
1 846
-
health
416
-
705
-
income
2 729
-
5 046
-
other
-
-
-
-
surtax
53
-
390
-
total
5 417
-
9 913
-
Employer
16 282
-
27 674
-
pensions
2 171
-
3 689
-
other
-
-
-
-
health
741
-
1 260
-
unemployment
516
-
877
-
total
3 428
-
5 826
-
Corporate
13 790
33 500
-
-
income
3 585
8 710
-
-
total
3 585
8 710
-
-
Dividends
10 205
24 790
-
-
withholding
1 530
3 719
-
-
total
1 530
3 719
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 960
12 429
15 739
15 005
After tax
19 540
21 071
17 761
18 495
Living cost
10 865
10 865
10 865
10 865
Free-cash
8 675
10 206
6 896
7 630

Estimated living cost  is ₴10865 per week

₴6643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴941
-₴560
₴3085
₴3018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 258
pensions
-
-
-
2 210
total
-
-
-
8 468
Employee
30 554
-
29 738
-
pensions
2 593
-
2 496
-
health
444
-
427
-
income
5 503
-
5 363
-
total
8 540
-
8 286
-
Employer
30 554
-
29 738
-
pensions
3 307
-
3 195
-
health
580
-
565
-
total
3 887
-
3 760
-
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.

-
6 366
-
-
total
-
6 366
-
-
Dividends
-
27 134
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 427
8 401
12 046
8 468
After tax
21 073
25 099
21 454
25 032
Living cost
22 014
22 014
22 014
22 014
Free-cash
-941
3 085
-560
3 018

Estimated living cost  is ₴22014 per week

₴16493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴16746
-₴12593
-₴23883
-₴10881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
pensions
-
-
-
3 082
other

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

-
-
-
670
regional
-
-
-
831
city
-
-
-
352
national
-
-
-
116
total
-
-
-
5 179
Employee
45 876
-
29 984
-
unemployment
-
-
-
-
pensions
3 854
-
2 518
-
regional
1 502
-
703
-
national
217
-
96
-
health
104
-
67
-
city
492
-
322
-
total
6 169
-
3 706
-
Employer
45 876
-
29 984
-
pensions
3 854
-
2 518
-
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.

917
-
600
-
health
104
-
67
-
unemployment
-
-
-
-
total
4 875
-
3 185
-
Corporate
-
33 500
-
-
regional
-
7 085
-
-
national
-
2 847
-
-
total
-
9 932
-
-
Dividends
-
23 567
-
-
withholding
-
8 249
-
-
total
-
8 249
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 044
18 181
6 891
5 179
After tax
22 456
15 319
26 609
28 321
Living cost
39 202
39 202
39 202
39 202
Free-cash
-16 746
-23 883
-12 593
-10 881

Estimated living cost  is ₴39202 per week

₴25492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴2065
₴2636
-₴5917
₴817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 364
trade
-
-
-
1 819
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.

-
-
-
4 686
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.

-
-
-
258
total
-
-
-
10 127
Employee

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

29 590
-
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.

3 364
-
3 364
-
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.

3 480
-
4 686
-
surtax

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

192
-
258
-
total
7 036
-
8 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 910
33 500
-
-
income
587
5 025
-
-
chamber of commerce
80
121
-
-
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.

33
277
-
-
trade
671
5 745
-
-
total
1 371
11 168
-
-
Dividends
2 539
22 332
-
-
surtax

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

24
297
-
-
withholding
448
5 396
-
-
total
472
5 693
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 879
16 861
8 308
10 127
After tax
24 621
16 639
25 192
23 373
Living cost
22 556
22 556
22 556
22 556
Free-cash
2 065
-5 917
2 636
817

Estimated living cost  is ₴22556 per week

₴16474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1804
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.
₴3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2945
₴3287
₴38
₴3111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
954
health
-
-
-
291
income
-
-
-
1 760
surtax
-
-
-
-
pensions
-
-
-
9 500
other
-
-
-
1 038
total
-
-
-
13 543
Employee
21 073
-
25 526
-
pensions
2 383
-
2 887
-
social contributions
601
-
727
-
income
1 244
-
1 782
-
surtax
-
-
-
-
total
4 228
-
5 396
-
Employer
21 073
-
25 526
-
pensions
3 462
-
4 193
-
other
727
-
881
-
health
1 475
-
1 787
-
unemployment
853
-
1 033
-
social contributions
64
-
77
-
total
6 581
-
7 971
-
Corporate
5 847
33 500
-
-
income
1 637
9 380
-
-
surtax
-
-
-
-
total
1 637
9 380
-
-
Dividends
4 210
24 120
-
-
surtax
-
-
-
-
social contributions
724
4 149
-
-
withholding
539
3 087
-
-
total
1 263
7 236
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 709
16 616
13 367
13 543
After tax
19 791
16 884
20 133
19 957
Living cost
16 846
16 846
16 846
16 846
Free-cash
2 945
38
3 287
3 111

Estimated living cost  is ₴16846 per week

₴10622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Nice model

Close
Marseille , France
₴4442
₴4956
₴1707
₴4780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
954
health
-
-
-
291
income
-
-
-
1 760
surtax
-
-
-
-
pensions
-
-
-
9 500
other
-
-
-
1 038
total
-
-
-
13 543
Employee
18 810
-
25 526
-
pensions
2 128
-
2 887
-
social contributions
536
-
727
-
income
970
-
1 782
-
surtax
-
-
-
-
total
3 634
-
5 396
-
Employer
18 810
-
25 526
-
pensions
3 091
-
4 193
-
other
649
-
881
-
health
1 317
-
1 787
-
unemployment
762
-
1 033
-
social contributions
56
-
77
-
total
5 875
-
7 971
-
Corporate
8 815
33 500
-
-
income
2 469
9 380
-
-
surtax
-
-
-
-
total
2 469
9 380
-
-
Dividends
6 347
24 120
-
-
surtax
-
-
-
-
social contributions
1 091
4 149
-
-
withholding
812
3 087
-
-
total
1 903
7 236
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 881
16 616
13 367
13 543
After tax
19 619
16 884
20 133
19 957
Living cost
15 177
15 177
15 177
15 177
Free-cash
4 442
1 707
4 956
4 780

Estimated living cost  is ₴15177 per week

₴8802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1542
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.
₴4546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10253
₴9447
₴9997
₴11072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 694
-
33 500
-
health
1 165
-
2 339
-
social contributions
2 304
-
4 623
-
income
2 784
-
6 650
-
total
6 253
-
13 612
-
Employer
16 694
-
33 500
-
total
-
-
-
-
Corporate
16 806
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%.

840
1 675
-
-
total
840
1 675
-
-
Dividends
15 966
31 825
-
-
health
1 115
2 221
-
-
social contributions
2 203
4 392
-
-
withholding
2 395
4 774
-
-
total
5 713
11 387
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 806
13 062
13 612
11 987
After tax
20 694
20 438
19 888
21 513
Living cost
10 441
10 441
10 441
10 441
Free-cash
10 253
9 997
9 447
11 072

Estimated living cost  is ₴10441 per week

₴6987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴905
-₴5307
₴1694
₴788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
97
income
-
-
-
3 351
chamber of commerce
-
-
-
134
pensions
-
-
-
6 198
unemployment
-
-
-
3 020
total
-
-
-
15 363
Employee
24 606
19 622
25 937
-
unemployment
738
589
778
-
pensions
2 520
2 009
2 656
-
health
952
760
1 004
-
income
2 801
1 447
3 182
-
other
246
196
260
-
total
7 257
5 001
7 880
-
Employer
24 606
19 622
25 937
-
chamber of commerce
98
78
104
-
pensions
3 088
2 463
3 255
-
other
1 169
932
1 232
-
health
930
742
980
-
unemployment
738
589
778
-
accident
320
255
337
-
surtax
97
97
97
-
payroll
738
589
778
-
total
7 178
5 745
7 561
-
Corporate
1 869
8 134
24 069
-
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.

467
2 033
6 017
-
total
467
2 033
6 017
-
Dividends
1 249
6 101
-
-
withholding
344
1 678
-
-
total
344
1 678
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 246
14 457
21 458
15 363
After tax
18 254
19 043
12 042
18 137
Living cost
17 349
17 349
17 349
17 349
Free-cash
905
1 694
-5 307
788

Estimated living cost  is ₴17349 per week

₴11571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
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.
₴4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴11971
-₴3947
₴893
-₴732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 377
communal

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

-
-
-
1 747
national
-
-
-
10 156
total
-
-
-
16 280
Employee

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

35 219
-
25 946
-
unemployment

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

306
-
226
-
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.

2 641
-
1 946
-
national
10 828
-
7 200
-
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.

1 655
-
1 219
-
communal

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

1 837
-
1 353
-
total
17 267
-
11 944
-
Employer

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

35 219
-
25 946
-
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.

3 121
-
2 299
-
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.

2 166
-
1 596
-
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.

514
-
378
-
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.

458
-
337
-
surtax
3 993
-
2 941
-
total
10 252
-
7 551
-
Corporate
-
33 500
-
-
income
-
6 700
-
-
surtax
-
134
-
-
total
-
6 834
-
-
Dividends
-
26 666
-
-
withholding

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

-
7 821
-
-
total
-
7 821
-
-
Income
33 500
33 500
33 500
33 500
Total tax
27 519
14 655
19 495
16 280
After tax
5 981
18 845
14 005
17 220
Living cost
17 952
17 952
17 952
17 952
Free-cash
-11 971
893
-3 947
-732

Estimated living cost  is ₴17952 per week

₴11564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴812
₴586
₴4826
₴347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
302
income
-
-
-
5 321
pensions
-
-
-
9 480
other
-
-
-
34
unemployment
-
-
-
235
total
-
-
-
15 372
Employee
24 509
-
25 403
-
unemployment
380
-
393
-
pensions
1 152
-
1 194
-
income
5 171
-
5 423
-
other
24
-
25
-
total
6 727
-
7 035
-
Employer
24 509
-
25 403
-
pensions
5 784
-
5 995
-
other
195
-
203
-
unemployment
1 348
-
1 397
-
accident
485
-
503
-
total
7 812
-
8 098
-
Corporate
1 179
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.

177
5 025
-
-
total
177
5 025
-
-
Dividends
1 002
28 475
-
-
withholding
191
5 868
-
-
total
191
5 868
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 907
10 893
15 133
15 372
After tax
18 593
22 607
18 367
18 128
Living cost
17 781
17 781
17 781
17 781
Free-cash
812
4 826
586
347

Estimated living cost  is ₴17781 per week

₴13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8239
-₴4434
-₴5877
-₴5070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
302
health
-
-
-
2 512
income
-
-
-
1 867
surtax
-
-
-
1 772
pensions
-
-
-
5 360
communal
-
-
-
-
total
-
-
-
11 813
Employee
37 287
-
29 924
-
pensions
2 982
-
2 394
-
health
1 659
-
1 331
-
income
3 602
-
2 042
-
surtax
2 285
-
1 834
-
total
10 528
-
7 601
-
Employer
37 287
-
29 924
-
pensions
2 982
-
2 394
-
health
1 137
-
913
-
accident
335
-
269
-
total
4 454
-
3 576
-
Corporate
-
33 500
-
-
income
-
5 025
-
-
communal
-
2 261
-
-
surtax
-
351
-
-
total
-
7 637
-
-
Dividends
-
25 863
-
-
income
-
1 104
-
-
withholding
-
3 879
-
-
total
-
4 983
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 982
12 620
11 177
11 813
After tax
18 518
20 880
22 323
21 687
Living cost
26 757
26 757
26 757
26 757
Free-cash
-8 239
-5 877
-4 434
-5 070

Estimated living cost  is ₴26757 per week

₴20072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1621
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.
₴4780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8446
₴6702
₴10012
₴7436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 379
income
-
-
-
5 368
surtax
-
-
-
446
pensions
-
-
-
6 700
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
15 005
Employee
16 581
-
27 674
-
unemployment
1 154
-
1 926
-
pensions
1 106
-
1 846
-
health
423
-
705
-
income
2 780
-
5 046
-
other
-
-
-
-
surtax
59
-
390
-
total
5 522
-
9 913
-
Employer
16 581
-
27 674
-
pensions
2 211
-
3 689
-
other
-
-
-
-
health
754
-
1 260
-
unemployment
526
-
877
-
total
3 491
-
5 826
-
Corporate
13 428
33 500
-
-
income
3 492
8 710
-
-
total
3 492
8 710
-
-
Dividends
9 936
24 790
-
-
withholding
1 490
3 719
-
-
total
1 490
3 719
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 995
12 429
15 739
15 005
After tax
19 505
21 071
17 761
18 495
Living cost
11 059
11 059
11 059
11 059
Free-cash
8 446
10 012
6 702
7 436

Estimated living cost  is ₴11059 per week

₴6677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3252
₴2878
₴4346
₴4759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
199
regional
-
-
-
505
national
-
-
-
6 158
total
-
-
-
15 478
Employee
27 312
-
33 500
-
regional
368
-
451
-
municipal
145
-
178
-
national
4 327
-
5 434
-
social contributions
9 210
-
11 296
-
total
14 050
-
17 359
-
Employer
27 312
-
33 500
-
total
-
-
-
-
Corporate
6 188
33 500
-
-
municipal
307
1 665
-
-
nationa
1 485
8 040
-
-
total
1 792
9 705
-
-
Dividends
4 395
23 795
-
-
withholding
1 143
6 186
-
-
total
1 143
6 186
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 985
15 891
17 359
15 478
After tax
16 515
17 609
16 141
18 022
Living cost
13 263
13 263
13 263
13 263
Free-cash
3 252
4 346
2 878
4 759

Estimated living cost  is ₴13263 per week

₴8249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2652
₴1954
₴8019
₴1271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 522
income
-
-
-
2 879
solidarity contribution
-
-
-
-
total
-
-
-
17 183
Employee
22 126
-
25 000
-
solidarity contribution
-
-
-
-
health
2 987
-
3 375
-
social contributions
1 438
-
1 625
-
income
2 655
-
3 000
-
total
7 080
-
8 000
-
Employer
22 126
-
25 000
-
health
1 991
-
2 250
-
social contributions
5 531
-
6 250
-
total
7 522
-
8 500
-
Corporate
3 851
33 500
-
-
income
732
6 365
-
-
total
732
6 365
-
-
Dividends
3 120
27 135
-
-
withholding
468
4 070
-
-
total
468
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 802
10 435
16 500
17 183
After tax
17 698
23 065
17 000
16 317
Living cost
15 046
15 046
15 046
15 046
Free-cash
2 652
8 019
1 954
1 271

Estimated living cost  is ₴15046 per week

₴11189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3145
-₴3645
₴3388
₴2526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
3 351
chamber of commerce
-
-
-
134
pensions
-
-
-
6 198
unemployment
-
-
-
3 020
total
-
-
-
15 266
Employee
21 523
19 622
26 014
-
unemployment
646
589
780
-
pensions
2 204
2 009
2 664
-
health
833
760
1 006
-
income
1 917
1 447
3 205
-
other
215
196
260
-
total
5 815
5 001
7 915
-
Employer
21 523
19 622
26 014
-
chamber of commerce
86
78
104
-
pensions
2 701
2 463
3 265
-
other
1 022
932
1 236
-
health
814
742
983
-
unemployment
646
589
780
-
accident
279
255
338
-
surtax
-
-
-
-
payroll
646
589
780
-
total
6 194
5 648
7 486
-
Corporate
5 783
8 231
24 145
-
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.

1 445
2 057
6 036
-
total
1 445
2 057
6 036
-
Dividends
4 338
6 174
-
-
withholding
1 193
1 698
-
-
total
1 193
1 698
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 647
14 404
21 437
15 266
After tax
18 853
19 096
12 063
18 234
Living cost
15 708
15 708
15 708
15 708
Free-cash
3 145
3 388
-3 645
2 526

Estimated living cost  is ₴15708 per week

₴9423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24364
₴20517
₴25542
₴26882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 500
microenterprise

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

-
-
-
335
total
-
-
-
335
Employee
7 854
-
33 500
-
income
1 571
-
6 700
-
total
1 571
-
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%.

25 646
33 500
-
-
total
-
-
-
-
Dividends
25 646
33 500
-
-
withholding
1 282
1 675
-
-
total
1 282
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 853
1 675
6 700
335
After tax
30 647
31 825
26 800
33 165
Living cost
6 283
6 283
6 283
6 283
Free-cash
24 364
25 542
20 517
26 882

Estimated living cost  is ₴6283 per week

₴4252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5740
₴3858
₴9859
₴4817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 013
pensions
-
-
-
6 118
unemployment
-
-
-
50
total
-
-
-
15 477
Employee

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

21 773
-
28 986
-
unemployment
31
-
40
-
pensions
3 375
-
4 492
-
health
1 406
-
1 872
-
income
3 755
-
5 519
-
total
8 567
-
11 923
-
Employer

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

21 773
-
28 986
-
pensions
1 927
-
2 565
-
health
1 450
-
1 930
-
unemployment
13
-
18
-
total
3 390
-
4 513
-
Corporate
8 337
33 500
-
-
income
1 584
6 365
-
-
total
1 584
6 365
-
-
Dividends
6 754
27 135
-
-
withholding
1 013
4 070
-
-
total
1 013
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 554
10 435
16 436
15 477
After tax
18 946
23 065
17 064
18 023
Living cost
13 206
13 206
13 206
13 206
Free-cash
5 740
9 859
3 858
4 817

Estimated living cost  is ₴13206 per week

₴9063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴40473
₴5566
-₴1026
₴1744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 694
-
-
-
social contributions
2 517
-
359
-
income
6 770
-
-
-
total
9 287
-
359
-
Employer
30 694
-
-
-
social contributions
43 279
-
6 168
-
total
43 279
-
6 168
-
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
52 566
13 119
6 527
10 349
After tax
-19 066
20 381
26 973
23 151
Living cost
21 407
21 407
21 407
21 407
Free-cash
-40 473
-1 026
5 566
1 744

Estimated living cost  is ₴21407 per week

₴13889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3115
₴2545
₴3611
₴3685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 730
surtax
-
-
-
-
total
-
-
-
14 371
Employee
22 645
-
27 071
-
social contributions
2 491
-
2 978
-
income
4 710
-
6 104
-
surtax
-
-
-
-
total
7 201
-
9 082
-
Employer
22 645
-
27 071
-
social contributions
5 378
-
6 429
-
total
5 378
-
6 429
-
Corporate
5 477
33 500
-
-
income
1 150
7 035
-
-
surtax
-
-
-
-
total
1 150
7 035
-
-
Dividends
4 326
26 465
-
-
withholding
1 212
7 410
-
-
total
1 212
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 941
14 445
15 511
14 371
After tax
18 559
19 055
17 989
19 129
Living cost
15 444
15 444
15 444
15 444
Free-cash
3 115
3 611
2 545
3 685

Estimated living cost  is ₴15444 per week

₴11555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6969
-₴3648
-₴6897
-₴3824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
954
health
-
-
-
291
income
-
-
-
1 760
surtax
-
-
-
-
pensions
-
-
-
9 500
other
-
-
-
1 038
total
-
-
-
13 543
Employee
30 838
-
25 526
-
pensions
3 488
-
2 887
-
social contributions
878
-
727
-
income
2 691
-
1 782
-
surtax
-
-
-
-
total
7 057
-
5 396
-
Employer
30 838
-
25 526
-
pensions
5 067
-
4 193
-
other
1 064
-
881
-
health
2 158
-
1 787
-
unemployment
1 249
-
1 033
-
social contributions
93
-
77
-
total
9 631
-
7 971
-
Corporate
-
33 500
-
-
income
-
9 380
-
-
surtax
-
-
-
-
total
-
9 380
-
-
Dividends
-
24 120
-
-
surtax
-
-
-
-
social contributions
-
4 149
-
-
withholding
-
3 087
-
-
total
-
7 236
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 688
16 616
13 367
13 543
After tax
16 812
16 884
20 133
19 957
Living cost
23 781
23 781
23 781
23 781
Free-cash
-6 969
-6 897
-3 648
-3 824

Estimated living cost  is ₴23781 per week

₴16094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13695
₴12084
₴15350
₴11146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 369
income
-
-
-
185
total
-
-
-
7 554
Employee
15 829
-
29 004
-
social contributions
1 029
-
1 885
-
income
-
-
235
-
total
1 029
-
2 120
-
Employer
15 829
-
29 004
-
social contributions
2 454
-
4 496
-
total
2 454
-
4 496
-
Corporate
15 217
33 500
-
-
income
1 522
3 350
-
-
total
1 522
3 350
-
-
Dividends
13 695
30 150
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
5 005
3 350
6 616
7 554
After tax
28 495
30 150
26 884
25 946
Living cost
14 800
14 800
14 800
14 800
Free-cash
13 695
15 350
12 084
11 146

Estimated living cost  is ₴14800 per week

₴9570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴73682
-₴73682
-₴73682
-₴2285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 707
pensions
-
-
-
426
labour market
-
-
-
2 646
national
-
-
-
3 314
total
-
-
-
12 093
Employee
99 997
99 997
99 997
-
pensions
142
142
142
-
municipal
21 294
21 294
21 294
-
national
12 216
12 216
12 216
-
labour market
7 988
7 988
7 988
-
total
41 640
41 640
41 640
-
Employer
99 997
99 997
99 997
-
municipal
21 328
21 328
21 328
-
pensions
284
284
284
-
national
12 238
12 238
12 238
-
labour market
8 000
8 000
8 000
-
total
41 850
41 850
41 850
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
83 490
83 490
83 490
12 093
After tax
-49 990
-49 990
-49 990
21 407
Living cost
23 692
23 692
23 692
23 692
Free-cash
-73 682
-73 682
-73 682
-2 285

Estimated living cost  is ₴23692 per week

₴16215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1054
₴6480
-₴8117
₴12267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
126
health
-
-
-
1 090
income
-
-
-
6 923
pensions
-
-
-
2 079
other
-
-
-
185
total
-
-
-
10 403
Employee
17 037
-
27 828
-
pensions
1 918
-
3 133
-
health
1 951
-
3 186
-
income
2 337
-
4 199
-
total
6 206
-
10 518
-
Employer
17 037
-
27 828
-
pensions
2 770
-
4 525
-
unemployment
417
-
682
-
accident
284
-
465
-
total
3 471
-
5 672
-
Corporate
12 991
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.

11 692
30 150
-
-
total
11 692
30 150
-
-
Dividends
1 299
3 350
-
-
withholding
247
637
-
-
total
247
637
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 616
30 787
16 190
10 403
After tax
11 884
2 713
17 310
23 097
Living cost
10 830
10 830
10 830
10 830
Free-cash
1 054
-8 117
6 480
12 267

Estimated living cost  is ₴10830 per week

₴7883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1875
₴1453
₴4059
₴6350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
33 500
health
-
-
-
310
municipal
-
-
-
5 974
national
-
-
-
1 963
total
-
-
-
8 247
Employee
25 905
-
28 183
-
unemployment
389
-
422
-
pensions
1 748
-
1 902
-
municipal
4 243
-
4 613
-
national
428
-
660
-
health
193
-
229
-
total
7 001
-
7 826
-
Employer
25 905
-
28 183
-
pensions
4 494
-
4 890
-
health
199
-
217
-
unemployment
168
-
183
-
accident
26
-
28
-
total
4 887
-
5 318
-
Corporate
2 708
33 500
-
-
income
542
6 700
-
-
total
542
6 700
-
-
Dividends

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

1 624
20 100
-
-
national
-
220
-
-
municipal
292
3 618
-
-
total
292
3 838
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 722
10 538
13 144
8 247
After tax
20 778
22 962
20 356
25 253
Living cost
18 903
18 903
18 903
18 903
Free-cash
1 875
4 059
1 453
6 350

Estimated living cost  is ₴18903 per week

₴12348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10534
₴12243
₴10966
₴14117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 903
total
-
-
-
7 983
Employee
37 861
37 861
37 861
-
health
293
644
517
-
social contributions
1 431
3 142
2 525
-
income
4 122
3 505
3 728
-
total
5 846
7 291
6 770
-
Employer
37 861
37 861
37 861
-
health
319
701
562
-
social contributions
1 431
3 142
2 525
-
total
1 750
3 843
3 087
-
Corporate
14 503
-
-
-
income
1 813
-
-
-
total
1 813
-
-
-
Dividends
12 690
-
-
-
withholding
2 157
-
-
-
total
2 157
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 566
11 134
9 857
7 983
After tax
21 934
22 366
23 643
25 517
Living cost
11 400
11 400
11 400
11 400
Free-cash
10 534
10 966
12 243
14 117

Estimated living cost  is ₴11400 per week

₴6832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1118
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.
₴3197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17419
₴12899
₴19925
₴17786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 782
income
-
-
-
2 969
pensions
-
-
-
3 132
unemployment
-
-
-
14
total
-
-
-
7 897
Employee

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

11 302
-
30 371
-
unemployment
56
-
152
-
pensions
1 695
-
4 556
-
health
961
-
2 582
-
income
773
-
2 365
-
total
3 485
-
9 655
-
Employer

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

11 302
-
30 371
-
pensions
621
-
1 671
-
health
486
-
1 306
-
unemployment
56
-
152
-
total
1 163
-
3 129
-
Corporate
21 035
33 500
-
-
income
1 893
3 015
-
-
total
1 893
3 015
-
-
Dividends
19 142
30 485
-
-
withholding
1 723
2 743
-
-
total
1 723
2 743
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 264
5 758
12 784
7 897
After tax
25 236
27 742
20 716
25 603
Living cost
7 817
7 817
7 817
7 817
Free-cash
17 419
19 925
12 899
17 786

Estimated living cost  is ₴7817 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6484
₴4827
₴9067
₴4588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
302
income
-
-
-
5 321
pensions
-
-
-
9 480
other
-
-
-
34
unemployment
-
-
-
235
total
-
-
-
15 372
Employee
18 206
-
25 403
-
unemployment
282
-
393
-
pensions
856
-
1 194
-
income
3 510
-
5 423
-
other
18
-
25
-
total
4 666
-
7 035
-
Employer
18 206
-
25 403
-
pensions
4 296
-
5 995
-
other
146
-
203
-
unemployment
1 002
-
1 397
-
accident
361
-
503
-
total
5 805
-
8 098
-
Corporate
9 490
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.

1 423
5 025
-
-
total
1 423
5 025
-
-
Dividends
8 067
28 475
-
-
withholding
1 582
5 868
-
-
total
1 582
5 868
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 476
10 893
15 133
15 372
After tax
20 024
22 607
18 367
18 128
Living cost
13 540
13 540
13 540
13 540
Free-cash
6 484
9 067
4 827
4 588

Estimated living cost  is ₴13540 per week

₴9139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19783
₴20178
₴19941
₴20246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
509
income
-
-
-
11 079
pensions
-
-
-
703
total
-
-
-
12 291
Employee
1 467
-
32 710
-
unemployment
15
-
35
-
pensions
132
-
316
-
health
73
-
176
-
income
284
-
11 042
-
total
504
-
11 569
-
Employer
1 467
-
32 710
-
pensions
161
-
386
-
health
139
-
334
-
unemployment
29
-
70
-
total
329
-
790
-
Corporate
31 703
33 500
-
-
income
6 975
7 370
-
-
total
6 975
7 370
-
-
Dividends
24 728
26 130
-
-
withholding
4 946
5 226
-
-
total
4 946
5 226
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 754
12 596
12 359
12 291
After tax
20 746
20 904
21 141
21 209
Living cost
963
963
963
963
Free-cash
19 783
19 941
20 178
20 246

Estimated living cost  is ₴963 per week

₴572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13272
₴9266
₴15693
₴7918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 451
income
-
-
-
4 408
pensions
-
-
-
8 710
unemployment
-
-
-
502
total
-
-
-
17 071
Employee

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

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

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

12 834
-
28 414
-
unemployment
96
-
213
-
pensions
1 797
-
3 978
-
health
661
-
1 463
-
income
1 769
-
4 983
-
total
4 323
-
10 637
-
Employer

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

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

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

12 834
-
28 414
-
pensions
1 540
-
3 410
-
health
661
-
1 463
-
unemployment
96
-
213
-
total
2 297
-
5 086
-
Corporate
18 369
33 500
-
-
income
2 755
5 025
-
-
total
2 755
5 025
-
-
Dividends
15 613
28 475
-
-
withholding
2 342
4 271
-
-
total
2 342
4 271
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 717
9 296
15 723
17 071
After tax
21 783
24 204
17 777
16 429
Living cost
8 511
8 511
8 511
8 511
Free-cash
13 272
15 693
9 266
7 918

Estimated living cost  is ₴8511 per week

₴5731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴658
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.
₴1876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5604
₴4715
₴5781
₴5855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 730
surtax
-
-
-
-
total
-
-
-
14 371
Employee
19 110
-
27 071
-
social contributions
2 102
-
2 978
-
income
3 734
-
6 104
-
surtax
-
-
-
-
total
5 836
-
9 082
-
Employer
19 110
-
27 071
-
social contributions
4 538
-
6 429
-
total
4 538
-
6 429
-
Corporate
9 852
33 500
-
-
income
2 069
7 035
-
-
surtax
-
-
-
-
total
2 069
7 035
-
-
Dividends
7 783
26 465
-
-
withholding
2 179
7 410
-
-
total
2 179
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 622
14 445
15 511
14 371
After tax
18 878
19 055
17 989
19 129
Living cost
13 274
13 274
13 274
13 274
Free-cash
5 604
5 781
4 715
5 855

Estimated living cost  is ₴13274 per week

₴9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴922
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.
₴2715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1473
₴1063
₴5303
₴824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
302
income
-
-
-
5 321
pensions
-
-
-
9 480
other
-
-
-
34
unemployment
-
-
-
235
total
-
-
-
15 372
Employee
23 779
-
25 403
-
unemployment
368
-
393
-
pensions
1 117
-
1 194
-
income
4 967
-
5 423
-
other
23
-
25
-
total
6 475
-
7 035
-
Employer
23 779
-
25 403
-
pensions
5 612
-
5 995
-
other
191
-
203
-
unemployment
1 308
-
1 397
-
accident
471
-
503
-
total
7 582
-
8 098
-
Corporate
2 139
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.

320
5 025
-
-
total
320
5 025
-
-
Dividends
1 819
28 475
-
-
withholding
346
5 868
-
-
total
346
5 868
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 723
10 893
15 133
15 372
After tax
18 777
22 607
18 367
18 128
Living cost
17 304
17 304
17 304
17 304
Free-cash
1 473
5 303
1 063
824

Estimated living cost  is ₴17304 per week

₴12427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
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.
₴3288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17185
₴16169
₴20181
₴15426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 976
income
-
-
-
5 025
pensions

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

-
-
-
2 543
unemployment
-
-
-
69
total
-
-
-
9 613
Employee
11 203
-
30 129
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

984
-
1 508
-
health
515
-
790
-
income
1 120
-
3 013
-
total
2 742
-
5 500
-
Employer
11 203
-
30 129
-
pensions

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

1 235
-
1 893
-
health
773
-
1 185
-
unemployment
67
-
103
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
total
2 198
-
3 370
-
Corporate
20 099
33 500
-
-
income
2 010
3 350
-
-
total
2 010
3 350
-
-
Dividends
18 089
30 150
-
-
withholding
904
1 508
-
-
total
904
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 854
4 858
8 870
9 613
After tax
25 646
28 642
24 630
23 887
Living cost
8 461
8 461
8 461
8 461
Free-cash
17 185
20 181
16 169
15 426

Estimated living cost  is ₴8461 per week

₴5596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Sofia model

Close
Berlin , Germany
₴4762
₴6183
-₴1681
₴4661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 364
trade
-
-
-
1 522
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.

-
-
-
4 686
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.

-
-
-
258
total
-
-
-
9 830
Employee

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

24 498
-
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.

3 364
-
3 364
-
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.

2 014
-
4 686
-
surtax

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

111
-
258
-
total
5 489
-
8 308
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 002
33 500
-
-
income
1 350
5 025
-
-
chamber of commerce
88
124
-
-
surtax

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

74
277
-
-
trade
1 291
4 807
-
-
total
2 803
10 233
-
-
Dividends
6 199
23 267
-
-
surtax

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

75
309
-
-
withholding
1 362
5 630
-
-
total
1 437
5 939
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 729
16 172
8 308
9 830
After tax
23 771
17 328
25 192
23 670
Living cost
19 009
19 009
19 009
19 009
Free-cash
4 762
-1 681
6 183
4 661

Estimated living cost  is ₴19009 per week

₴13113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5014
-₴2455
-₴4597
-₴2455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 647
income
-
-
-
5 261
total
-
-
-
7 908
Employee
38 514
-
33 500
-
social contributions
3 200
-
2 647
-
income
7 267
-
5 261
-
total
10 467
-
7 908
-
Employer
38 514
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
4 188
-
-
total
-
4 188
-
-
Dividends
-
29 312
-
-
withholding
-
5 862
-
-
total
-
5 862
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 467
10 050
7 908
7 908
After tax
23 033
23 450
25 592
25 592
Living cost
28 047
28 047
28 047
28 047
Free-cash
-5 014
-4 597
-2 455
-2 455

Estimated living cost  is ₴28047 per week

₴21338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2285
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.
₴4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4153
₴6485
₴1301
-₴1426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 015
health

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

-
-
-
3 038
total
-
-
-
17 053
Employee
22 587
-
31 235
-
social contributions
2 263
-
2 265
-
income
2 451
-
4 612
-
total
4 714
-
6 877
-
Employer
22 587
-
31 235
-
social contributions
2 263
-
2 265
-
total
2 263
-
2 265
-
Corporate
8 650
33 500
-
-
income
3 027
11 725
-
-
total
3 027
11 725
-
-
Dividends
5 623
21 775
-
-
social contributions
1 470
2 601
-
-
total
1 470
2 601
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 474
14 326
9 142
17 053
After tax
22 026
19 174
24 358
16 447
Living cost
17 873
17 873
17 873
17 873
Free-cash
4 153
1 301
6 485
-1 426

Estimated living cost  is ₴17873 per week

₴11773
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.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4485
₴3558
₴7203
₴7136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 258
pensions
-
-
-
2 210
total
-
-
-
8 468
Employee
24 565
-
29 738
-
pensions
1 875
-
2 496
-
health
320
-
427
-
income
4 474
-
5 363
-
total
6 669
-
8 286
-
Employer
24 565
-
29 738
-
pensions
2 482
-
3 195
-
health
467
-
565
-
total
2 949
-
3 760
-
Corporate
5 986
33 500
-
-
income

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

1 137
6 366
-
-
total
1 137
6 366
-
-
Dividends
4 848
27 134
-
-
withholding
364
2 035
-
-
total
364
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 119
8 401
12 046
8 468
After tax
22 381
25 099
21 454
25 032
Living cost
17 896
17 896
17 896
17 896
Free-cash
4 485
7 203
3 558
7 136

Estimated living cost  is ₴17896 per week

₴12277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴887
₴5407
-₴9190
₴11194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
126
health
-
-
-
1 090
income
-
-
-
6 923
pensions
-
-
-
2 079
other
-
-
-
185
total
-
-
-
10 403
Employee
18 723
-
27 828
-
pensions
2 108
-
3 133
-
health
2 144
-
3 186
-
income
2 569
-
4 199
-
total
6 821
-
10 518
-
Employer
18 723
-
27 828
-
pensions
3 044
-
4 525
-
unemployment
459
-
682
-
accident
313
-
465
-
total
3 816
-
5 672
-
Corporate
10 961
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.

9 865
30 150
-
-
total
9 865
30 150
-
-
Dividends
1 096
3 350
-
-
withholding
208
637
-
-
total
208
637
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 710
30 787
16 190
10 403
After tax
12 790
2 713
17 310
23 097
Living cost
11 903
11 903
11 903
11 903
Free-cash
887
-9 190
5 407
11 194

Estimated living cost  is ₴11903 per week

₴8735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴19438
₴12923
₴21830
₴12923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 719
health insurance
-
-
-
2 479
pensions
-
-
-
6 164
unemployment
-
-
-
402
work injury
-
-
-
168
total
-
-
-
13 932
Employee

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

10 632
-
33 500
-
unemployment
128
-
402
-
pensions
1 956
-
6 164
-
work injury
53
-
168
-
income
1 063
-
4 719
-
health insurance
787
-
2 479
-
total
3 987
-
13 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 868
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
22 868
33 500
-
-
withholding
3 430
5 025
-
-
total
3 430
5 025
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 417
5 025
13 932
13 932
After tax
26 083
28 475
19 568
19 568
Living cost
6 645
6 645
6 645
6 645
Free-cash
19 438
21 830
12 923
12 923

Estimated living cost  is ₴6645 per week

₴4117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7990
-₴3511
-₴1969
-₴1653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
224
regional
-
-
-
540
national
-
-
-
6 158
total
-
-
-
15 538
Employee
41 490
-
33 500
-
regional
626
-
466
-
municipal
248
-
200
-
national
7 011
-
5 434
-
social contributions
13 990
-
11 296
-
total
21 875
-
17 396
-
Employer
41 490
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 615
-
-
nationa
-
8 040
-
-
total
-
9 655
-
-
Dividends
-
23 845
-
-
withholding
-
6 199
-
-
total
-
6 199
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 875
15 854
17 396
15 538
After tax
11 625
17 646
16 104
17 962
Living cost
19 615
19 615
19 615
19 615
Free-cash
-7 990
-1 969
-3 511
-1 653

Estimated living cost  is ₴19615 per week

₴13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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