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
₴1825
₴10078
₴8467
₴7360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 500
income

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

-
-
-
4 587
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.

-
-
-
253
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.

-
-
-
3 420
trade
-
-
-
1 611
total
-
-
-
9 871
Employee

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

19 145
-
33 500
-
surtax

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

29
-
253
-
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.

535
-
4 587
-
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.

3 420
-
3 420
-
total
3 984
-
8 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 355
33 500
-
-
income
2 153
5 025
-
-
surtax

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

119
276
-
-
chamber of commerce
97
124
-
-
trade
2 261
5 276
-
-
total
4 630
10 701
-
-
Dividends
9 725
22 798
-
-
surtax

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

123
303
-
-
withholding
2 241
5 509
-
-
total
2 364
5 812
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 978
16 513
8 260
9 871
After tax
22 522
16 987
25 240
23 629
Living cost
15 162
15 162
15 162
15 162
Free-cash
7 360
1 825
10 078
8 467

Estimated living cost  is ₴15162 per week

₴9537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1768
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.
₴3574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5727
-₴5538
-₴5802
-₴11530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 252
national
-
-
-
5 039
pensions
-
-
-
4 020
total
-
-
-
12 671
Employee
41 284
-
28 960
-
municipal
5 099
-
3 381
-
pensions
1 651
-
1 158
-
national
7 902
-
5 240
-
total
14 652
-
9 779
-
Employer
41 284
-
28 960
-
pensions
3 303
-
2 317
-
social contributions
444
-
311
-
total
3 747
-
2 628
-
Corporate
-
33 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
6 700
-
-
total
-
6 700
-
-
Dividends
-
26 800
-
-
withholding
-
5 896
-
-
total
-
5 896
-
-
Income
33 500
33 500
33 500
33 500
Total tax
18 399
12 596
12 407
12 671
After tax
15 101
20 904
21 093
20 829
Living cost
26 631
26 631
26 631
26 631
Free-cash
-11 530
-5 727
-5 538
-5 802

Estimated living cost  is ₴26631 per week

₴18101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴16386
₴8658
₴16485
₴12280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

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

-
-
-
1 576
microenterprise
-
-
-
5 025
total
-
-
-
6 601
Employee
14 627
-
26 996
-
surtax
-
-
-
-
social contributions

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

1 609
-
2 969
-
income
2 604
-
4 956
-
total
4 213
-
7 925
-
Employer
14 627
-
26 996
-
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.

3 523
-
6 503
-
surtax
-
-
-
-
total
3 523
-
6 503
-
Corporate
15 350
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%.

3 070
6 700
-
-
total
3 070
6 700
-
-
Dividends

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

12 280
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 806
6 700
14 428
6 601
After tax
22 694
26 800
19 072
26 899
Living cost
10 414
10 414
10 414
10 414
Free-cash
12 280
16 386
8 658
16 485

Estimated living cost  is ₴10414 per week

₴6644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴992
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.
₴2542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13397
-₴16206
-₴1862
-₴16206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 474
health
-
-
-
5 054
pensions
-
-
-
5 865
total
-
-
-
14 393
Employee
42 746
42 746
42 746
-
pensions
7 694
5 865
7 694
-
income

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

6 997
6 997
6 997
-
health
6 561
5 581
6 561
-
total
21 252
18 443
21 252
-
Employer
42 746
42 746
42 746
-
health
2 971
2 971
2 971
-
pensions
2 975
2 975
2 975
-
unemployment
1 539
1 539
1 539
-
total
7 485
7 485
7 485
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
28 737
25 928
28 737
14 393
After tax
4 763
7 572
4 763
19 107
Living cost
20 969
20 969
20 969
20 969
Free-cash
-16 206
-13 397
-16 206
-1 862

Estimated living cost  is ₴20969 per week

₴14860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1842
-₴2244
-₴3434
-₴4201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
accident
-
-
-
67
other
-
-
-
3 893
unemployment
-
-
-
34
health
-
-
-
2 090
municipal
-
-
-
7 096
national
-
-
-
-
pensions
-
-
-
3 621
total
-
-
-
16 801
Employee
28 688
-
25 491
-
municipal
8 555
-
7 601
-
national
-
-
-
-
total
8 555
-
7 601
-
Employer
28 688
-
25 491
-
health
1 764
-
1 568
-
pensions
3 101
-
2 756
-
accident
57
-
51
-
unemployment
757
-
673
-
other
3 334
-
2 962
-
total
9 013
-
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
17 568
15 209
15 611
16 801
After tax
15 932
18 291
17 889
16 699
Living cost
20 133
20 133
20 133
20 133
Free-cash
-4 201
-1 842
-2 244
-3 434

Estimated living cost  is ₴20133 per week

₴13343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2849
₴5576
₴3894
₴4182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 500
income

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

-
-
-
4 587
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.

-
-
-
253
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.

-
-
-
3 420
trade
-
-
-
1 682
total
-
-
-
9 942
Employee

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

25 384
-
33 500
-
surtax

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

120
-
253
-
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.

2 181
-
4 587
-
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.

3 420
-
3 420
-
total
5 721
-
8 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 116
33 500
-
-
income
1 218
5 025
-
-
surtax

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

67
276
-
-
chamber of commerce
87
123
-
-
trade
1 335
5 510
-
-
total
2 707
10 934
-
-
Dividends
5 408
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.

64
300
-
-
withholding
1 162
5 451
-
-
total
1 226
5 751
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 654
16 685
8 260
9 942
After tax
23 846
16 815
25 240
23 558
Living cost
19 664
19 664
19 664
19 664
Free-cash
4 182
-2 849
5 576
3 894

Estimated living cost  is ₴19664 per week

₴13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5945
₴7332
₴9364
₴6305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 820
social contributions
-
-
-
5 226
health
-
-
-
854
total
-
-
-
7 900
Employee
38 491
38 491
38 491
-
social contributions
1 870
3 195
2 524
-
income
4 042
3 563
3 805
-
health
383
654
517
-
total
6 295
7 412
6 846
-
Employer
38 491
38 491
38 491
-
health
417
712
562
-
social contributions
1 870
3 195
2 524
-
total
2 287
3 907
3 086
-
Corporate
8 682
-
-
-
income
1 085
-
-
-
total
1 085
-
-
-
Dividends
7 597
-
-
-
withholding
1 292
-
-
-
total
1 292
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 959
11 319
9 932
7 900
After tax
22 541
22 181
23 568
25 600
Living cost
16 236
16 236
16 236
16 236
Free-cash
6 305
5 945
7 332
9 364

Estimated living cost  is ₴16236 per week

₴11099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
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.
₴3596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9961
₴10450
₴14237
₴10148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

12 948
5 153
28 033
-
unemployment
194
77
421
-
pensions
1 295
515
2 803
-
income
1 583
630
3 427
-
health
906
361
1 962
-
total
3 978
1 583
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.

12 948
5 153
28 033
-
pensions
2 525
1 005
5 467
-
total
2 525
1 005
5 467
-
Corporate
18 027
27 342
-
-
income
1 622
2 461
-
-
total
1 622
2 461
-
-
Dividends
16 405
24 881
-
-
social contributions
3 140
4 793
-
-
withholding
3 117
4 727
-
-
total
6 257
9 520
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 382
14 569
14 080
10 293
After tax
19 118
18 931
19 420
23 207
Living cost
8 970
8 970
8 970
8 970
Free-cash
10 148
9 961
10 450
14 237

Estimated living cost  is ₴8970 per week

₴6121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴14710
₴7220
₴6031
₴11600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
4 323
health
-
-
-
4 355
pensions
-
-
-
6 701
total
-
-
-
15 379
Employee
14 200
-
25 037
-
unemployment
227
-
401
-
pensions
284
-
501
-
income
1 599
-
4 827
-
total
2 110
-
5 729
-
Employer
14 200
-
25 037
-
health
1 846
-
3 254
-
pensions
2 840
-
5 007
-
unemployment
114
-
200
-
total
4 800
-
8 461
-
Corporate
14 500
33 500
-
-
income
2 900
6 700
-
-
total
2 900
6 700
-
-
Dividends
11 600
26 800
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 810
6 700
14 190
15 379
After tax
23 690
26 800
19 310
18 121
Living cost
12 090
12 090
12 090
12 090
Free-cash
11 600
14 710
7 220
6 031

Estimated living cost  is ₴12090 per week

₴8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8446
₴6191
₴11943
₴1003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
income
-
-
-
6 865
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
10 398
Employee
17 554
-
27 829
-
pensions
1 977
-
3 133
-
income
2 408
-
4 159
-
health
2 010
-
3 186
-
total
6 395
-
10 478
-
Employer
17 554
-
27 829
-
pensions
2 854
-
4 525
-
accident
293
-
465
-
unemployment
430
-
682
-
total
3 577
-
5 672
-
Corporate
12 368
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.

11 131
30 150
-
-
total
11 131
30 150
-
-
Dividends
1 237
3 350
-
-
withholding
235
637
-
-
total
235
637
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 338
30 787
16 150
10 398
After tax
12 162
2 713
17 350
23 102
Living cost
11 159
11 159
11 159
11 159
Free-cash
1 003
-8 446
6 191
11 943

Estimated living cost  is ₴11159 per week

₴8179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27799
₴22774
₴29139
₴27045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 032
-
33 500
-
income
1 006
-
6 700
-
total
1 006
-
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%.

28 468
33 500
-
-
total
-
-
-
-
Dividends
28 468
33 500
-
-
withholding
1 423
1 675
-
-
total
1 423
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 429
1 675
6 700
335
After tax
31 071
31 825
26 800
33 165
Living cost
4 026
4 026
4 026
4 026
Free-cash
27 045
27 799
22 774
29 139

Estimated living cost  is ₴4026 per week

₴2495
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.
₴1086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11275
₴6299
₴4802
₴7894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
4 255
other
-
-
-
1 591
health
-
-
-
1 474
pensions

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

-
-
-
8 040
total
-
-
-
15 360
Employee
18 175
-
26 758
-
unemployment
181
-
268
-
pensions

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

1 272
-
1 873
-
income
3 129
-
4 606
-
health
255
-
374
-
total
4 837
-
7 121
-
Employer
18 175
-
26 758
-
health
255
-
374
-
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.

3 090
-
4 549
-
accident
145
-
214
-
unemployment
181
-
268
-
other
909
-
1 337
-
total
4 580
-
6 742
-
Corporate
10 745
33 500
-
-
income
2 256
7 035
-
-
total
2 256
7 035
-
-
Dividends
8 489
26 465
-
-
withholding
595
1 852
-
-
total
595
1 852
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 268
8 887
13 863
15 360
After tax
21 232
24 613
19 637
18 140
Living cost
13 338
13 338
13 338
13 338
Free-cash
7 894
11 275
6 299
4 802

Estimated living cost  is ₴13338 per week

₴9424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8486
-₴12066
-₴8527
-₴20532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 264
pensions
-
-
-
2 177
total
-
-
-
8 441
Employee
47 520
-
29 773
-
pensions
4 584
-
2 454
-
income
8 566
-
5 380
-
health
783
-
419
-
total
13 933
-
8 253
-
Employer
47 520
-
29 773
-
health
902
-
565
-
pensions
5 611
-
3 162
-
total
6 513
-
3 727
-
Corporate
-
33 500
-
-
income

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

-
6 365
-
-
total
-
6 365
-
-
Dividends
-
27 135
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 446
8 400
11 980
8 441
After tax
13 054
25 100
21 520
25 059
Living cost
33 586
33 586
33 586
33 586
Free-cash
-20 532
-8 486
-12 066
-8 527

Estimated living cost  is ₴33586 per week

₴25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3946
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.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴22079
₴17969
₴17243
₴19753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 025
unemployment
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
9 694
Employee
8 690
-
30 070
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
pensions

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

763
-
1 535
-
income
869
-
3 007
-
health
400
-
804
-
total
2 128
-
5 538
-
Employer
8 690
-
30 070
-
health
600
-
1 206
-
pensions

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

958
-
1 927
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
unemployment
52
-
105
-
total
1 706
-
3 430
-
Corporate
23 104
33 500
-
-
income
2 310
3 350
-
-
total
2 310
3 350
-
-
Dividends
20 794
30 150
-
-
withholding
1 040
1 508
-
-
total
1 040
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 184
4 858
8 968
9 694
After tax
26 316
28 642
24 532
23 806
Living cost
6 563
6 563
6 563
6 563
Free-cash
19 753
22 079
17 969
17 243

Estimated living cost  is ₴6563 per week

₴3832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴20185
-₴22994
-₴8650
-₴21035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 474
health
-
-
-
5 054
pensions
-
-
-
5 865
total
-
-
-
14 393
Employee
46 408
42 746
42 746
-
pensions
5 865
5 865
7 694
-
income

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

6 997
6 997
6 997
-
health
5 790
5 581
6 561
-
total
18 652
18 443
21 252
-
Employer
46 408
42 746
42 746
-
health
3 225
2 971
2 971
-
pensions
3 230
2 975
2 975
-
unemployment
1 671
1 539
1 539
-
total
8 126
7 485
7 485
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
26 778
25 928
28 737
14 393
After tax
6 722
7 572
4 763
19 107
Living cost
27 757
27 757
27 757
27 757
Free-cash
-21 035
-20 185
-22 994
-8 650

Estimated living cost  is ₴27757 per week

₴20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴10808
₴4743
₴4059
₴6435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
2 879
social contributions
-
-
-
9 782
solidarity contribution
-
-
-
-
health
-
-
-
4 523
total
-
-
-
17 184
Employee
18 025
-
25 000
-
solidarity contribution
-
-
-
-
social contributions
1 172
-
1 625
-
income
2 163
-
3 000
-
health
2 433
-
3 375
-
total
5 768
-
8 000
-
Employer
18 025
-
25 000
-
health
1 622
-
2 250
-
social contributions
4 506
-
6 250
-
total
6 128
-
8 500
-
Corporate
9 346
33 500
-
-
income
1 776
6 365
-
-
total
1 776
6 365
-
-
Dividends
7 570
27 135
-
-
withholding
1 136
4 070
-
-
total
1 136
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 808
10 435
16 500
17 184
After tax
18 692
23 065
17 000
16 316
Living cost
12 257
12 257
12 257
12 257
Free-cash
6 435
10 808
4 743
4 059

Estimated living cost  is ₴12257 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3248
-₴4822
-₴2930
-₴10988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
8 617
regional
-
-
-
343
municipal
-
-
-
199
national
-
-
-
6 149
total
-
-
-
15 308
Employee
44 487
-
33 500
-
municipal
236
-
178
-
national
7 709
-
5 425
-
regional
420
-
301
-
social contributions
15 001
-
11 296
-
total
23 366
-
17 200
-
Employer
44 487
-
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
23 366
15 626
17 200
15 308
After tax
10 134
17 874
16 300
18 192
Living cost
21 122
21 122
21 122
21 122
Free-cash
-10 988
-3 248
-4 822
-2 930

Estimated living cost  is ₴21122 per week

₴14724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10025
₴6757
₴7490
₴8468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 339
other
-
-
-
-
surtax
-
-
-
432
unemployment
-
-
-
114
health
-
-
-
2 379
pensions
-
-
-
6 700
total
-
-
-
14 964
Employee
16 553
-
27 673
-
other
-
-
-
-
unemployment
1 152
-
1 926
-
pensions
1 104
-
1 846
-
surtax
54
-
377
-
income
2 775
-
5 016
-
health
423
-
706
-
total
5 508
-
9 871
-
Employer
16 553
-
27 673
-
health
753
-
1 260
-
pensions
2 207
-
3 688
-
unemployment
524
-
878
-
other
-
-
-
-
total
3 484
-
5 826
-
Corporate
13 462
33 500
-
-
income
3 500
8 710
-
-
total
3 500
8 710
-
-
Dividends
9 962
24 790
-
-
withholding
1 494
3 719
-
-
total
1 494
3 719
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 986
12 429
15 697
14 964
After tax
19 514
21 071
17 803
18 536
Living cost
11 046
11 046
11 046
11 046
Free-cash
8 468
10 025
6 757
7 490

Estimated living cost  is ₴11046 per week

₴6754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2155
-₴1425
₴2114
-₴2398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 264
pensions
-
-
-
2 177
total
-
-
-
8 441
Employee
31 846
-
29 773
-
pensions
2 703
-
2 454
-
income
5 736
-
5 380
-
health
462
-
419
-
total
8 901
-
8 253
-
Employer
31 846
-
29 773
-
health
605
-
565
-
pensions
3 447
-
3 162
-
total
4 052
-
3 727
-
Corporate
-
33 500
-
-
income

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

-
6 365
-
-
total
-
6 365
-
-
Dividends
-
27 135
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 953
8 400
11 980
8 441
After tax
20 547
25 100
21 520
25 059
Living cost
22 945
22 945
22 945
22 945
Free-cash
-2 398
2 155
-1 425
2 114

Estimated living cost  is ₴22945 per week

₴17190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1720
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.
₴3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴24283
-₴12986
-₴11275
-₴17261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
other

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

-
-
-
670
regional
-
-
-
824
health
-
-
-
129
city
-
-
-
353
national
-
-
-
115
pensions
-
-
-
3 082
total
-
-
-
5 173
Employee
46 345
-
29 985
-
unemployment
-
-
-
-
pensions
3 894
-
2 518
-
national
219
-
95
-
regional
1 518
-
697
-
city
497
-
322
-
health
105
-
67
-
total
6 233
-
3 699
-
Employer
46 345
-
29 985
-
health
105
-
67
-
pensions
3 894
-
2 518
-
unemployment
-
-
-
-
other

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

927
-
600
-
total
4 926
-
3 185
-
Corporate
-
33 500
-
-
regional
-
7 085
-
-
national
-
2 848
-
-
total
-
9 933
-
-
Dividends
-
23 567
-
-
withholding
-
8 248
-
-
total
-
8 248
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 159
18 181
6 884
5 173
After tax
22 341
15 319
26 616
28 327
Living cost
39 602
39 602
39 602
39 602
Free-cash
-17 261
-24 283
-12 986
-11 275

Estimated living cost  is ₴39602 per week

₴25753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴6289
₴2309
₴555
₴1827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 500
income

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

-
-
-
4 587
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.

-
-
-
253
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.

-
-
-
3 420
trade
-
-
-
1 754
total
-
-
-
10 014
Employee

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

30 083
-
33 500
-
surtax

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

195
-
253
-
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.

3 537
-
4 587
-
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.

3 420
-
3 420
-
total
7 152
-
8 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 417
33 500
-
-
income
513
5 025
-
-
surtax

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

28
276
-
-
chamber of commerce
81
123
-
-
trade
586
5 745
-
-
total
1 208
11 169
-
-
Dividends
2 209
22 330
-
-
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.

20
296
-
-
withholding
362
5 393
-
-
total
382
5 689
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 742
16 858
8 260
10 014
After tax
24 758
16 642
25 240
23 486
Living cost
22 931
22 931
22 931
22 931
Free-cash
1 827
-6 289
2 309
555

Estimated living cost  is ₴22931 per week

₴16748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴241
₴3025
₴2843
₴2715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 736
other
-
-
-
1 038
surtax
-
-
-
-
social contributions
-
-
-
955
health
-
-
-
290
pensions
-
-
-
9 512
total
-
-
-
13 531
Employee
21 423
-
25 527
-
pensions
2 422
-
2 887
-
surtax
-
-
-
-
social contributions
611
-
728
-
income
1 264
-
1 760
-
total
4 297
-
5 375
-
Employer
21 423
-
25 527
-
health
1 500
-
1 787
-
pensions
3 519
-
4 195
-
unemployment
867
-
1 034
-
social contributions
65
-
77
-
other
739
-
881
-
total
6 690
-
7 974
-
Corporate
5 387
33 500
-
-
income
1 508
9 380
-
-
surtax
-
-
-
-
total
1 508
9 380
-
-
Dividends
3 878
24 120
-
-
surtax
-
-
-
-
social contributions
667
4 148
-
-
withholding
497
3 087
-
-
total
1 164
7 235
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 659
16 615
13 349
13 531
After tax
19 841
16 885
20 151
19 969
Living cost
17 126
17 126
17 126
17 126
Free-cash
2 715
-241
3 025
2 843

Estimated living cost  is ₴17126 per week

₴10799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1456
₴4722
₴4540
₴4238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 736
other
-
-
-
1 038
surtax
-
-
-
-
social contributions
-
-
-
955
health
-
-
-
290
pensions
-
-
-
9 512
total
-
-
-
13 531
Employee
19 123
-
25 527
-
pensions
2 163
-
2 887
-
surtax
-
-
-
-
social contributions
545
-
728
-
income
986
-
1 760
-
total
3 694
-
5 375
-
Employer
19 123
-
25 527
-
health
1 338
-
1 787
-
pensions
3 142
-
4 195
-
unemployment
774
-
1 034
-
social contributions
57
-
77
-
other
660
-
881
-
total
5 971
-
7 974
-
Corporate
8 405
33 500
-
-
income
2 353
9 380
-
-
surtax
-
-
-
-
total
2 353
9 380
-
-
Dividends
6 052
24 120
-
-
surtax
-
-
-
-
social contributions
1 041
4 148
-
-
withholding
774
3 087
-
-
total
1 815
7 235
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 833
16 615
13 349
13 531
After tax
19 667
16 885
20 151
19 969
Living cost
15 429
15 429
15 429
15 429
Free-cash
4 238
1 456
4 722
4 540

Estimated living cost  is ₴15429 per week

₴8948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1567
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.
₴4621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9824
₴9292
₴10899
₴10084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 025
social contributions
-
-
-
4 623
health
-
-
-
2 339
total
-
-
-
11 987
Employee
16 972
-
33 500
-
social contributions
2 342
-
4 623
-
income
2 831
-
6 632
-
health
1 185
-
2 339
-
total
6 358
-
13 594
-
Employer
16 972
-
33 500
-
total
-
-
-
-
Corporate
16 528
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%.

826
1 675
-
-
total
826
1 675
-
-
Dividends
15 702
31 825
-
-
social contributions
2 167
4 391
-
-
withholding
2 355
4 774
-
-
health
1 096
2 222
-
-
total
5 618
11 387
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 802
13 062
13 594
11 987
After tax
20 698
20 438
19 906
21 513
Living cost
10 614
10 614
10 614
10 614
Free-cash
10 084
9 824
9 292
10 899

Estimated living cost  is ₴10614 per week

₴7103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴654
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.
₴2611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1423
-₴5519
₴537
₴517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 262
surtax
-
-
-
99
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
134
health
-
-
-
2 563
pensions
-
-
-
6 197
total
-
-
-
15 325
Employee
25 016
19 948
25 937
-
other
250
199
259
-
unemployment
750
598
778
-
pensions
2 562
2 042
2 656
-
income
2 848
1 471
3 112
-
health
968
772
1 004
-
total
7 378
5 082
7 809
-
Employer
25 016
19 948
25 937
-
chamber of commerce
100
80
104
-
health
945
754
980
-
pensions
3 139
2 504
3 255
-
accident
325
259
337
-
unemployment
750
598
778
-
surtax
99
99
99
-
payroll
750
598
778
-
other
1 188
947
1 232
-
total
7 296
5 839
7 563
-
Corporate
1 900
7 712
24 037
-
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.

475
1 928
6 009
-
total
475
1 928
6 009
-
Dividends
712
5 784
-
-
withholding
196
1 590
-
-
total
196
1 590
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 345
14 439
21 381
15 325
After tax
18 155
19 061
12 119
18 175
Living cost
17 638
17 638
17 638
17 638
Free-cash
517
1 423
-5 519
537

Estimated living cost  is ₴17638 per week

₴11764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴597
-₴4201
-₴960
-₴12728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
communal

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

-
-
-
1 750
social contributions
-
-
-
4 332
national
-
-
-
10 127
total
-
-
-
16 209
Employee

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

35 805
-
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.

312
-
226
-
communal

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

1 868
-
1 354
-
pensions

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

2 685
-
1 946
-
national
11 008
-
7 150
-
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.

1 682
-
1 220
-
total
17 555
-
11 896
-
Employer

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

35 805
-
25 946
-
health

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

2 202
-
1 596
-
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.

3 173
-
2 299
-
accident

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

465
-
337
-
unemployment

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

522
-
379
-
surtax
4 060
-
2 943
-
total
10 422
-
7 554
-
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.

-
7 818
-
-
total
-
7 818
-
-
Income
33 500
33 500
33 500
33 500
Total tax
27 977
14 652
19 450
16 209
After tax
5 523
18 848
14 050
17 291
Living cost
18 251
18 251
18 251
18 251
Free-cash
-12 728
597
-4 201
-960

Estimated living cost  is ₴18251 per week

₴11756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4532
₴319
₴82
₴440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
301
income
-
-
-
5 292
other
-
-
-
33
unemployment
-
-
-
235
pensions
-
-
-
9 480
total
-
-
-
15 341
Employee
24 917
-
25 402
-
other
25
-
26
-
unemployment
387
-
393
-
pensions
1 171
-
1 194
-
income
5 257
-
5 394
-
total
6 840
-
7 007
-
Employer
24 917
-
25 402
-
pensions
5 880
-
5 995
-
accident
493
-
503
-
unemployment
1 371
-
1 397
-
other
199
-
202
-
total
7 943
-
8 097
-
Corporate
641
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.

96
5 025
-
-
total
96
5 025
-
-
Dividends
545
28 475
-
-
withholding
104
5 866
-
-
total
104
5 866
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 983
10 891
15 104
15 341
After tax
18 517
22 609
18 396
18 159
Living cost
18 077
18 077
18 077
18 077
Free-cash
440
4 532
319
82

Estimated living cost  is ₴18077 per week

₴13312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1282
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.
₴3222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6307
-₴4829
-₴5464
-₴8935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
communal
-
-
-
-
accident
-
-
-
301
income
-
-
-
1 814
surtax
-
-
-
1 773
health
-
-
-
2 513
pensions
-
-
-
5 360
total
-
-
-
11 761
Employee
37 907
-
29 924
-
pensions
3 032
-
2 394
-
surtax
2 323
-
1 834
-
income
3 661
-
1 989
-
health
1 687
-
1 332
-
total
10 703
-
7 549
-
Employer
37 907
-
29 924
-
health
1 156
-
913
-
pensions
3 032
-
2 394
-
accident
341
-
270
-
total
4 529
-
3 577
-
Corporate
-
33 500
-
-
communal
-
2 261
-
-
income
-
5 025
-
-
surtax
-
351
-
-
total
-
7 637
-
-
Dividends
-
25 863
-
-
income
-
1 088
-
-
withholding
-
3 879
-
-
total
-
4 967
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 232
12 604
11 126
11 761
After tax
18 268
20 896
22 374
21 739
Living cost
27 203
27 203
27 203
27 203
Free-cash
-8 935
-6 307
-4 829
-5 464

Estimated living cost  is ₴27203 per week

₴20406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1648
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.
₴4860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9828
₴6560
₴7293
₴8237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 339
other
-
-
-
-
surtax
-
-
-
432
unemployment
-
-
-
114
health
-
-
-
2 379
pensions
-
-
-
6 700
total
-
-
-
14 964
Employee
16 857
-
27 673
-
other
-
-
-
-
unemployment
1 173
-
1 926
-
pensions
1 125
-
1 846
-
surtax
60
-
377
-
income
2 826
-
5 016
-
health
430
-
706
-
total
5 614
-
9 871
-
Employer
16 857
-
27 673
-
health
767
-
1 260
-
pensions
2 247
-
3 688
-
unemployment
535
-
878
-
other
-
-
-
-
total
3 549
-
5 826
-
Corporate
13 094
33 500
-
-
income
3 404
8 710
-
-
total
3 404
8 710
-
-
Dividends
9 690
24 790
-
-
withholding
1 453
3 719
-
-
total
1 453
3 719
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 020
12 429
15 697
14 964
After tax
19 480
21 071
17 803
18 536
Living cost
11 243
11 243
11 243
11 243
Free-cash
8 237
9 828
6 560
7 293

Estimated living cost  is ₴11243 per week

₴6788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4124
₴2666
₴4546
₴3014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
8 617
regional
-
-
-
505
municipal
-
-
-
199
national
-
-
-
6 149
total
-
-
-
15 470
Employee
27 767
-
33 500
-
municipal
147
-
178
-
national
4 399
-
5 425
-
regional
374
-
451
-
social contributions
9 363
-
11 296
-
total
14 283
-
17 350
-
Employer
27 767
-
33 500
-
total
-
-
-
-
Corporate
5 733
33 500
-
-
municipal
285
1 665
-
-
nationa
1 376
8 040
-
-
total
1 661
9 705
-
-
Dividends
4 072
23 795
-
-
withholding
1 058
6 187
-
-
total
1 058
6 187
-
-
Income
33 500
33 500
33 500
33 500
Total tax
17 002
15 892
17 350
15 470
After tax
16 498
17 608
16 150
18 030
Living cost
13 484
13 484
13 484
13 484
Free-cash
3 014
4 124
2 666
4 546

Estimated living cost  is ₴13484 per week

₴8386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7961
₴1896
₴1212
₴2572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
2 879
social contributions
-
-
-
9 782
solidarity contribution
-
-
-
-
health
-
-
-
4 523
total
-
-
-
17 184
Employee
22 212
-
25 000
-
solidarity contribution
-
-
-
-
social contributions
1 444
-
1 625
-
income
2 665
-
3 000
-
health
2 999
-
3 375
-
total
7 108
-
8 000
-
Employer
22 212
-
25 000
-
health
1 999
-
2 250
-
social contributions
5 553
-
6 250
-
total
7 552
-
8 500
-
Corporate
3 736
33 500
-
-
income
710
6 365
-
-
total
710
6 365
-
-
Dividends
3 026
27 135
-
-
withholding
454
4 070
-
-
total
454
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
15 824
10 435
16 500
17 184
After tax
17 676
23 065
17 000
16 316
Living cost
15 104
15 104
15 104
15 104
Free-cash
2 572
7 961
1 896
1 212

Estimated living cost  is ₴15104 per week

₴11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3144
-₴3831
₴2304
₴2897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
3 262
surtax
-
-
-
-
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
134
health
-
-
-
2 563
pensions
-
-
-
6 197
total
-
-
-
15 226
Employee
21 881
19 948
26 012
-
other
218
199
260
-
unemployment
656
598
781
-
pensions
2 241
2 042
2 664
-
income
1 949
1 471
3 133
-
health
846
772
1 007
-
total
5 910
5 082
7 845
-
Employer
21 881
19 948
26 012
-
chamber of commerce
87
80
104
-
health
827
754
983
-
pensions
2 746
2 504
3 265
-
accident
284
259
338
-
unemployment
656
598
781
-
surtax
-
-
-
-
payroll
656
598
781
-
other
1 039
947
1 236
-
total
6 295
5 740
7 488
-
Corporate
5 322
7 811
24 112
-
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.

1 331
1 953
6 028
-
total
1 331
1 953
6 028
-
Dividends
3 991
5 858
-
-
withholding
1 097
1 611
-
-
total
1 097
1 611
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 633
14 386
21 361
15 226
After tax
18 867
19 114
12 139
18 274
Living cost
15 970
15 970
15 970
15 970
Free-cash
2 897
3 144
-3 831
2 304

Estimated living cost  is ₴15970 per week

₴9580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1631
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.
₴4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25552
₴20527
₴26892
₴24376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 842
-
33 500
-
income
1 568
-
6 700
-
total
1 568
-
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%.

25 658
33 500
-
-
total
-
-
-
-
Dividends
25 658
33 500
-
-
withholding
1 283
1 675
-
-
total
1 283
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
2 851
1 675
6 700
335
After tax
30 649
31 825
26 800
33 165
Living cost
6 273
6 273
6 273
6 273
Free-cash
24 376
25 552
20 527
26 892

Estimated living cost  is ₴6273 per week

₴4245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9639
₴3670
₴4633
₴5452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
33 500
income
-
-
-
5 977
unemployment
-
-
-
50
health
-
-
-
3 296
pensions
-
-
-
6 118
total
-
-
-
15 441
Employee

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

22 135
-
28 986
-
unemployment
31
-
41
-
pensions
3 431
-
4 493
-
income
3 817
-
5 483
-
health
1 430
-
1 873
-
total
8 709
-
11 890
-
Employer

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

22 135
-
28 986
-
health
1 474
-
1 931
-
pensions
1 959
-
2 566
-
unemployment
13
-
17
-
total
3 446
-
4 514
-
Corporate
7 919
33 500
-
-
income
1 505
6 365
-
-
total
1 505
6 365
-
-
Dividends
6 414
27 135
-
-
withholding
962
4 070
-
-
total
962
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 622
10 435
16 404
15 441
After tax
18 878
23 065
17 096
18 059
Living cost
13 426
13 426
13 426
13 426
Free-cash
5 452
9 639
3 670
4 633

Estimated living cost  is ₴13426 per week

₴9214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴861
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.
₴3092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴999
₴5602
₴1771
-₴40381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
6 530
social contributions
-
-
-
3 819
total
-
-
-
10 349
Employee
30 656
-
-
-
social contributions
2 514
-
358
-
income
6 762
-
-
-
total
9 276
-
358
-
Employer
30 656
-
-
-
social contributions
43 225
-
6 160
-
total
43 225
-
6 160
-
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
52 501
13 119
6 518
10 349
After tax
-19 001
20 381
26 982
23 151
Living cost
21 380
21 380
21 380
21 380
Free-cash
-40 381
-999
5 602
1 771

Estimated living cost  is ₴21380 per week

₴13872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3354
₴2335
₴3447
₴2849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 500
income
-
-
-
2 711
surtax
-
-
-
-
social contributions

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

-
-
-
11 641
total
-
-
-
14 352
Employee
23 022
-
27 071
-
surtax
-
-
-
-
social contributions
2 532
-
2 978
-
income
4 789
-
6 057
-
total
7 321
-
9 035
-
Employer
23 022
-
27 071
-
social contributions
5 468
-
6 429
-
total
5 468
-
6 429
-
Corporate
5 010
33 500
-
-
income
1 052
7 035
-
-
surtax
-
-
-
-
total
1 052
7 035
-
-
Dividends
3 958
26 465
-
-
withholding
1 109
7 410
-
-
total
1 109
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 950
14 445
15 464
14 352
After tax
18 550
19 055
18 036
19 148
Living cost
15 701
15 701
15 701
15 701
Free-cash
2 849
3 354
2 335
3 447

Estimated living cost  is ₴15701 per week

₴11748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴926
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.
₴2765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7291
-₴4025
-₴4207
-₴7641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 736
other
-
-
-
1 038
surtax
-
-
-
-
social contributions
-
-
-
955
health
-
-
-
290
pensions
-
-
-
9 512
total
-
-
-
13 531
Employee
31 351
-
25 527
-
pensions
3 546
-
2 887
-
surtax
-
-
-
-
social contributions
893
-
728
-
income
2 735
-
1 760
-
total
7 174
-
5 375
-
Employer
31 351
-
25 527
-
health
2 194
-
1 787
-
pensions
5 151
-
4 195
-
unemployment
1 270
-
1 034
-
social contributions
94
-
77
-
other
1 082
-
881
-
total
9 791
-
7 974
-
Corporate
-
33 500
-
-
income
-
9 380
-
-
surtax
-
-
-
-
total
-
9 380
-
-
Dividends
-
24 120
-
-
surtax
-
-
-
-
social contributions
-
4 148
-
-
withholding
-
3 087
-
-
total
-
7 235
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 965
16 615
13 349
13 531
After tax
16 535
16 885
20 151
19 969
Living cost
24 176
24 176
24 176
24 176
Free-cash
-7 641
-7 291
-4 025
-4 207

Estimated living cost  is ₴24176 per week

₴16362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴15103
₴11856
₴10917
₴13422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
social contributions
-
-
-
7 370
total
-
-
-
7 536
Employee
16 093
-
29 005
-
income
-
-
216
-
social contributions
1 046
-
1 886
-
total
1 046
-
2 102
-
Employer
16 093
-
29 005
-
social contributions
2 494
-
4 495
-
total
2 494
-
4 495
-
Corporate
14 913
33 500
-
-
income
1 491
3 350
-
-
total
1 491
3 350
-
-
Dividends
13 422
30 150
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
5 031
3 350
6 597
7 536
After tax
28 469
30 150
26 903
25 964
Living cost
15 047
15 047
15 047
15 047
Free-cash
13 422
15 103
11 856
10 917

Estimated living cost  is ₴15047 per week

₴9729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
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.
₴3900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴75559
-₴75559
-₴2668
-₴75559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
labour market
-
-
-
2 645
municipal
-
-
-
5 681
national
-
-
-
3 301
pensions
-
-
-
434
total
-
-
-
12 061
Employee
101 748
101 748
101 748
-
municipal
21 667
21 667
21 667
-
labour market
8 128
8 128
8 128
-
pensions
145
145
145
-
national
12 430
12 430
12 430
-
total
42 370
42 370
42 370
-
Employer
101 748
101 748
101 748
-
national
12 452
12 452
12 452
-
labour market
8 140
8 140
8 140
-
pensions
289
289
289
-
municipal
21 701
21 701
21 701
-
total
42 582
42 582
42 582
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
84 952
84 952
84 952
12 061
After tax
-51 452
-51 452
-51 452
21 439
Living cost
24 107
24 107
24 107
24 107
Free-cash
-75 559
-75 559
-75 559
-2 668

Estimated living cost  is ₴24107 per week

₴16499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8282
₴6355
₴12107
₴1026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
income
-
-
-
6 865
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
10 398
Employee
17 296
-
27 829
-
pensions
1 948
-
3 133
-
income
2 373
-
4 159
-
health
1 980
-
3 186
-
total
6 301
-
10 478
-
Employer
17 296
-
27 829
-
pensions
2 812
-
4 525
-
accident
289
-
465
-
unemployment
424
-
682
-
total
3 525
-
5 672
-
Corporate
12 680
33 500
-
-
income

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

11 412
30 150
-
-
total
11 412
30 150
-
-
Dividends
1 268
3 350
-
-
withholding
241
637
-
-
total
241
637
-
-
Income
33 500
33 500
33 500
33 500
Total tax
21 479
30 787
16 150
10 398
After tax
12 021
2 713
17 350
23 102
Living cost
10 995
10 995
10 995
10 995
Free-cash
1 026
-8 282
6 355
12 107

Estimated living cost  is ₴10995 per week

₴8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3761
₴1203
₴6098
₴1519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
307
municipal
-
-
-
5 975
national
-
-
-
1 902
total
-
-
-
8 184
Employee
26 336
-
28 182
-
municipal
4 314
-
4 614
-
unemployment
395
-
423
-
pensions
1 777
-
1 903
-
national
435
-
597
-
health
197
-
225
-
total
7 118
-
7 762
-
Employer
26 336
-
28 182
-
health
202
-
217
-
pensions
4 569
-
4 889
-
accident
27
-
28
-
unemployment
171
-
183
-
total
4 969
-
5 317
-
Corporate
2 195
33 500
-
-
income
439
6 700
-
-
total
439
6 700
-
-
Dividends

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

1 317
20 100
-
-
municipal
237
3 618
-
-
national
-
203
-
-
total
237
3 821
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 763
10 521
13 079
8 184
After tax
20 737
22 979
20 421
25 316
Living cost
19 218
19 218
19 218
19 218
Free-cash
1 519
3 761
1 203
6 098

Estimated living cost  is ₴19218 per week

₴12553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10592
₴11979
₴14011
₴10304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
1 820
social contributions
-
-
-
5 226
health
-
-
-
854
total
-
-
-
7 900
Employee
38 491
38 491
38 491
-
social contributions
1 455
3 195
2 524
-
income
4 191
3 563
3 805
-
health
298
654
517
-
total
5 944
7 412
6 846
-
Employer
38 491
38 491
38 491
-
health
324
712
562
-
social contributions
1 455
3 195
2 524
-
total
1 779
3 907
3 086
-
Corporate
14 187
-
-
-
income
1 773
-
-
-
total
1 773
-
-
-
Dividends
12 413
-
-
-
withholding
2 111
-
-
-
total
2 111
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 607
11 319
9 932
7 900
After tax
21 893
22 181
23 568
25 600
Living cost
11 589
11 589
11 589
11 589
Free-cash
10 304
10 592
11 979
14 011

Estimated living cost  is ₴11589 per week

₴6946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1137
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.
₴3251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19795
₴12773
₴17587
₴17247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
33 500
income
-
-
-
2 957
unemployment
-
-
-
14
health
-
-
-
1 811
pensions
-
-
-
3 184
total
-
-
-
7 966
Employee

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

11 490
-
30 371
-
unemployment
57
-
152
-
pensions
1 723
-
4 556
-
income
786
-
2 362
-
health
977
-
2 582
-
total
3 543
-
9 652
-
Employer

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

11 490
-
30 371
-
health
494
-
1 306
-
pensions
632
-
1 670
-
unemployment
57
-
152
-
total
1 183
-
3 128
-
Corporate
20 828
33 500
-
-
income
1 874
3 015
-
-
total
1 874
3 015
-
-
Dividends
18 954
30 485
-
-
withholding
1 706
2 743
-
-
total
1 706
2 743
-
-
Income
33 500
33 500
33 500
33 500
Total tax
8 306
5 758
12 780
7 966
After tax
25 194
27 742
20 720
25 534
Living cost
7 947
7 947
7 947
7 947
Free-cash
17 247
19 795
12 773
17 587

Estimated living cost  is ₴7947 per week

₴5071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
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.
₴2067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8844
₴4631
₴4394
₴6220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
301
income
-
-
-
5 292
other
-
-
-
33
unemployment
-
-
-
235
pensions
-
-
-
9 480
total
-
-
-
15 341
Employee
18 509
-
25 402
-
other
18
-
26
-
unemployment
287
-
393
-
pensions
870
-
1 194
-
income
3 568
-
5 394
-
total
4 743
-
7 007
-
Employer
18 509
-
25 402
-
pensions
4 368
-
5 995
-
accident
367
-
503
-
unemployment
1 018
-
1 397
-
other
148
-
202
-
total
5 901
-
8 097
-
Corporate
9 090
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.

1 363
5 025
-
-
total
1 363
5 025
-
-
Dividends
7 727
28 475
-
-
withholding
1 508
5 866
-
-
total
1 508
5 866
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 515
10 891
15 104
15 341
After tax
19 985
22 609
18 396
18 159
Living cost
13 765
13 765
13 765
13 765
Free-cash
6 220
8 844
4 631
4 394

Estimated living cost  is ₴13765 per week

₴9291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19893
₴20098
₴20170
₴19727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
11 046
health
-
-
-
535
pensions
-
-
-
738
total
-
-
-
12 319
Employee
1 540
-
32 670
-
unemployment
15
-
37
-
pensions
139
-
332
-
income
298
-
11 008
-
health
77
-
184
-
total
529
-
11 561
-
Employer
1 540
-
32 670
-
health
146
-
350
-
pensions
169
-
406
-
unemployment
31
-
74
-
total
346
-
830
-
Corporate
31 613
33 500
-
-
income
6 955
7 370
-
-
total
6 955
7 370
-
-
Dividends
24 658
26 130
-
-
withholding
4 932
5 226
-
-
total
4 932
5 226
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 762
12 596
12 391
12 319
After tax
20 738
20 904
21 109
21 181
Living cost
1 011
1 011
1 011
1 011
Free-cash
19 727
19 893
20 098
20 170

Estimated living cost  is ₴1011 per week

₴601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴15543
₴9169
₴7782
₴13079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
33 500
income
-
-
-
4 394
unemployment
-
-
-
502
health
-
-
-
3 451
pensions
-
-
-
8 710
total
-
-
-
17 057
Employee

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

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

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

13 060
-
28 414
-
unemployment
98
-
213
-
pensions
1 828
-
3 978
-
income
1 800
-
4 930
-
health
673
-
1 463
-
total
4 399
-
10 584
-
Employer

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

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

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

13 060
-
28 414
-
health
673
-
1 463
-
pensions
1 567
-
3 410
-
unemployment
98
-
213
-
total
2 338
-
5 086
-
Corporate
18 102
33 500
-
-
income
2 715
5 025
-
-
total
2 715
5 025
-
-
Dividends
15 387
28 475
-
-
withholding
2 308
4 271
-
-
total
2 308
4 271
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 760
9 296
15 670
17 057
After tax
21 740
24 204
17 830
16 443
Living cost
8 661
8 661
8 661
8 661
Free-cash
13 079
15 543
9 169
7 782

Estimated living cost  is ₴8661 per week

₴5832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5560
₴4541
₴5653
₴5379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 500
income
-
-
-
2 711
surtax
-
-
-
-
social contributions

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

-
-
-
11 641
total
-
-
-
14 352
Employee
19 428
-
27 071
-
surtax
-
-
-
-
social contributions
2 137
-
2 978
-
income
3 796
-
6 057
-
total
5 933
-
9 035
-
Employer
19 428
-
27 071
-
social contributions
4 614
-
6 429
-
total
4 614
-
6 429
-
Corporate
9 458
33 500
-
-
income
1 986
7 035
-
-
surtax
-
-
-
-
total
1 986
7 035
-
-
Dividends
7 472
26 465
-
-
withholding
2 093
7 410
-
-
total
2 093
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 626
14 445
15 464
14 352
After tax
18 874
19 055
18 036
19 148
Living cost
13 495
13 495
13 495
13 495
Free-cash
5 379
5 560
4 541
5 653

Estimated living cost  is ₴13495 per week

₴9558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴938
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.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴5017
₴804
₴567
₴1114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
301
income
-
-
-
5 292
other
-
-
-
33
unemployment
-
-
-
235
pensions
-
-
-
9 480
total
-
-
-
15 341
Employee
24 175
-
25 402
-
other
24
-
26
-
unemployment
374
-
393
-
pensions
1 136
-
1 194
-
income
5 049
-
5 394
-
total
6 583
-
7 007
-
Employer
24 175
-
25 402
-
pensions
5 705
-
5 995
-
accident
479
-
503
-
unemployment
1 330
-
1 397
-
other
194
-
202
-
total
7 708
-
8 097
-
Corporate
1 618
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.

242
5 025
-
-
total
242
5 025
-
-
Dividends
1 375
28 475
-
-
withholding
261
5 866
-
-
total
261
5 866
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 794
10 891
15 104
15 341
After tax
18 706
22 609
18 396
18 159
Living cost
17 592
17 592
17 592
17 592
Free-cash
1 114
5 017
804
567

Estimated living cost  is ₴17592 per week

₴12634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20031
₴15921
₴15195
₴16982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 025
unemployment
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
9 694
Employee
11 402
-
30 070
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
pensions

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

1 001
-
1 535
-
income
1 140
-
3 007
-
health
525
-
804
-
total
2 791
-
5 538
-
Employer
11 402
-
30 070
-
health
787
-
1 206
-
pensions

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

1 256
-
1 927
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
unemployment
68
-
105
-
total
2 236
-
3 430
-
Corporate
19 861
33 500
-
-
income
1 986
3 350
-
-
total
1 986
3 350
-
-
Dividends
17 875
30 150
-
-
withholding
894
1 508
-
-
total
894
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 907
4 858
8 968
9 694
After tax
25 593
28 642
24 532
23 806
Living cost
8 611
8 611
8 611
8 611
Free-cash
16 982
20 031
15 921
15 195

Estimated living cost  is ₴8611 per week

₴5695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1994
₴5915
₴4447
₴4554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
33 500
income

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

-
-
-
4 587
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.

-
-
-
253
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.

-
-
-
3 420
trade
-
-
-
1 468
total
-
-
-
9 728
Employee

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

24 906
-
33 500
-
surtax

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

113
-
253
-
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.

2 048
-
4 587
-
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.

3 420
-
3 420
-
total
5 581
-
8 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 594
33 500
-
-
income
1 289
5 025
-
-
surtax

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

71
276
-
-
chamber of commerce
88
125
-
-
trade
1 233
4 807
-
-
total
2 681
10 233
-
-
Dividends
5 912
23 266
-
-
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.

71
310
-
-
withholding
1 288
5 626
-
-
total
1 359
5 936
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 621
16 169
8 260
9 728
After tax
23 879
17 331
25 240
23 772
Living cost
19 325
19 325
19 325
19 325
Free-cash
4 554
-1 994
5 915
4 447

Estimated living cost  is ₴19325 per week

₴13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2079
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.
₴3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5064
-₴2777
-₴2777
-₴5655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
income
-
-
-
5 132
social contributions
-
-
-
2 631
total
-
-
-
7 763
Employee
39 155
-
33 500
-
income
7 388
-
5 132
-
social contributions
3 253
-
2 631
-
total
10 641
-
7 763
-
Employer
39 155
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
4 187
-
-
total
-
4 187
-
-
Dividends
-
29 313
-
-
withholding
-
5 863
-
-
total
-
5 863
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 641
10 050
7 763
7 763
After tax
22 859
23 450
25 737
25 737
Living cost
28 514
28 514
28 514
28 514
Free-cash
-5 655
-5 064
-2 777
-2 777

Estimated living cost  is ₴28514 per week

₴21693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2323
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.
₴4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴960
₴6173
-₴1948
₴3858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 249
health

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

-
-
-
3 028
total
-
-
-
17 277
Employee
22 963
-
31 197
-
income
2 492
-
4 550
-
social contributions
2 301
-
2 303
-
total
4 793
-
6 853
-
Employer
22 963
-
31 197
-
social contributions
2 301
-
2 303
-
total
2 301
-
2 303
-
Corporate
8 237
33 500
-
-
income
2 883
11 725
-
-
total
2 883
11 725
-
-
Dividends
5 354
21 775
-
-
social contributions
1 494
2 645
-
-
total
1 494
2 645
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 471
14 370
9 156
17 277
After tax
22 029
19 130
24 344
16 223
Living cost
18 170
18 170
18 170
18 170
Free-cash
3 858
960
6 173
-1 948

Estimated living cost  is ₴18170 per week

₴11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
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.
₴4490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6446
₴2866
₴6405
₴3612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 264
pensions
-
-
-
2 177
total
-
-
-
8 441
Employee
25 605
-
29 773
-
pensions
1 954
-
2 454
-
income
4 663
-
5 380
-
health
334
-
419
-
total
6 951
-
8 253
-
Employer
25 605
-
29 773
-
health
487
-
565
-
pensions
2 587
-
3 162
-
total
3 074
-
3 727
-
Corporate
4 822
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.

916
6 365
-
-
total
916
6 365
-
-
Dividends
3 906
27 135
-
-
withholding
293
2 035
-
-
total
293
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
11 234
8 400
11 980
8 441
After tax
22 266
25 100
21 520
25 059
Living cost
18 654
18 654
18 654
18 654
Free-cash
3 612
6 446
2 866
6 405

Estimated living cost  is ₴18654 per week

₴12796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1715
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.
₴3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴9370
₴5267
₴11019
₴860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
income
-
-
-
6 865
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
10 398
Employee
19 008
-
27 829
-
pensions
2 140
-
3 133
-
income
2 608
-
4 159
-
health
2 176
-
3 186
-
total
6 924
-
10 478
-
Employer
19 008
-
27 829
-
pensions
3 091
-
4 525
-
accident
317
-
465
-
unemployment
466
-
682
-
total
3 874
-
5 672
-
Corporate
10 619
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.

9 557
30 150
-
-
total
9 557
30 150
-
-
Dividends
1 062
3 350
-
-
withholding
202
637
-
-
total
202
637
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 557
30 787
16 150
10 398
After tax
12 943
2 713
17 350
23 102
Living cost
12 083
12 083
12 083
12 083
Free-cash
860
-9 370
5 267
11 019

Estimated living cost  is ₴12083 per week

₴8868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21711
₴12828
₴12828
₴19276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 696
unemployment
-
-
-
402
work injury
-
-
-
167
health insurance
-
-
-
2 479
pensions
-
-
-
6 164
total
-
-
-
13 908
Employee

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

10 822
-
33 500
-
health insurance
801
-
2 479
-
unemployment
130
-
402
-
work injury
54
-
167
-
pensions
1 991
-
6 164
-
income
1 082
-
4 696
-
total
4 058
-
13 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 678
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
22 678
33 500
-
-
withholding
3 402
5 025
-
-
total
3 402
5 025
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 460
5 025
13 908
13 908
After tax
26 040
28 475
19 592
19 592
Living cost
6 764
6 764
6 764
6 764
Free-cash
19 276
21 711
12 828
12 828

Estimated living cost  is ₴6764 per week

₴4190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
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.
₴1871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2296
-₴3825
-₴1968
-₴8681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 500
social contributions
-
-
-
8 617
regional
-
-
-
537
municipal
-
-
-
224
national
-
-
-
6 149
total
-
-
-
15 527
Employee
42 180
-
33 500
-
municipal
252
-
199
-
national
7 128
-
5 425
-
regional
637
-
464
-
social contributions
14 223
-
11 296
-
total
22 240
-
17 384
-
Employer
42 180
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 615
-
-
nationa
-
8 040
-
-
total
-
9 655
-
-
Dividends
-
23 845
-
-
withholding
-
6 200
-
-
total
-
6 200
-
-
Income
33 500
33 500
33 500
33 500
Total tax
22 240
15 855
17 384
15 527
After tax
11 260
17 645
16 116
17 973
Living cost
19 941
19 941
19 941
19 941
Free-cash
-8 681
-2 296
-3 825
-1 968

Estimated living cost  is ₴19941 per week

₴14007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
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.
₴4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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