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
₴ 34000
per

Your estimated
City
free-cash

Dresden , Germany
₴4203
₴8955
₴9869
₴12078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
trade
-
-
-
2 209
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.

-
-
-
5 662
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.

-
-
-
2 935
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.

-
-
-
311
total
-
-
-
11 117
Employee

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

16 434
-
34 000
-
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.

2 935
-
2 935
-
surtax

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

25
-
311
-
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.

459
-
5 662
-
total
3 419
-
8 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 566
34 000
-
-
surtax

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

145
280
-
-
income
2 635
5 100
-
-
trade
2 767
5 355
-
-
chamber of commerce
91
114
-
-
total
5 638
10 849
-
-
Dividends
11 929
23 150
-
-
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.

155
309
-
-
withholding
2 819
5 625
-
-
total
2 974
5 934
-
-
Income
34 000
34 000
34 000
34 000
Total tax
12 031
16 783
8 908
11 117
After tax
21 969
17 217
25 092
22 883
Living cost
13 014
13 014
13 014
13 014
Free-cash
8 955
4 203
12 078
9 869

Estimated living cost  is ₴13014 per week

₴8186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
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.
₴3067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴463
-₴2655
-₴874
-₴608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
municipal
-
-
-
3 432
pensions
-
-
-
4 080
national
-
-
-
5 318
social contributions
-
-
-
365
total
-
-
-
13 195
Employee
33 606
-
29 393
-
municipal
4 151
-
3 564
-
pensions
1 344
-
1 176
-
national
6 432
-
5 522
-
total
11 927
-
10 262
-
Employer
33 606
-
29 393
-
social contributions
361
-
316
-
pensions
2 688
-
2 351
-
total
3 049
-
2 667
-
Corporate
-
34 000
-
-
income

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

-
6 800
-
-
total
-
6 800
-
-
Dividends
-
27 200
-
-
withholding
-
5 984
-
-
total
-
5 984
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 976
12 784
12 929
13 195
After tax
19 024
21 216
21 071
20 805
Living cost
21 679
21 679
21 679
21 679
Free-cash
-2 655
-463
-608
-874

Estimated living cost  is ₴21679 per week

₴14735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2015
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.
₴4604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴18261
₴14737
₴9314
₴10326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
microenterprise
-
-
-
-
income
-
-
-
4 816
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.

-
-
-
10 931
total
-
-
-
15 747
Employee
12 555
-
27 399
-
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.

1 381
-
3 014
-
surtax
-
-
-
-
income
2 235
-
5 120
-
total
3 616
-
8 134
-
Employer
12 555
-
27 399
-
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.

3 024
-
6 601
-
surtax
-
-
-
-
total
3 024
-
6 601
-
Corporate
18 420
34 000
-
-
income

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

3 684
6 800
-
-
total
3 684
6 800
-
-
Dividends

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

14 737
27 200
-
-
total
-
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 324
6 800
14 735
15 747
After tax
23 676
27 200
19 265
18 253
Living cost
8 939
8 939
8 939
8 939
Free-cash
14 737
18 261
10 326
9 314

Estimated living cost  is ₴8939 per week

₴5703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6256
-₴8669
₴1349
-₴8669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
4 980
pensions
-
-
-
5 034
health
-
-
-
4 637
total
-
-
-
14 651
Employee
36 692
36 692
36 692
-
health
5 632
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
6 605
5 034
6 605
-
total
18 243
15 830
18 243
-
Employer
36 692
36 692
36 692
-
unemployment
1 321
1 321
1 321
-
pensions
2 554
2 554
2 554
-
health
2 551
2 551
2 551
-
total
6 426
6 426
6 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
24 669
22 256
24 669
14 651
After tax
9 331
11 744
9 331
19 349
Living cost
18 000
18 000
18 000
18 000
Free-cash
-8 669
-6 256
-8 669
1 349

Estimated living cost  is ₴18000 per week

₴12756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
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.
₴3335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1897
₴1521
₴281
₴1489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
municipal
-
-
-
7 202
accident
-
-
-
68
pensions
-
-
-
3 675
other
-
-
-
3 951
unemployment
-
-
-
34
health
-
-
-
2 122
national
-
-
-
-
total
-
-
-
17 052
Employee
23 748
-
25 871
-
municipal
7 082
-
7 715
-
national
-
-
-
-
total
7 082
-
7 715
-
Employer
23 748
-
25 871
-
accident
48
-
52
-
other
2 760
-
3 006
-
unemployment
627
-
683
-
pensions
2 567
-
2 797
-
health
1 461
-
1 591
-
total
7 463
-
8 129
-
Corporate
2 790
34 000
-
-
income
614
7 480
-
-
total
614
7 480
-
-
Dividends
2 176
26 520
-
-
withholding
653
7 956
-
-
total
653
7 956
-
-
Income
34 000
34 000
34 000
34 000
Total tax
15 812
15 436
15 844
17 052
After tax
18 188
18 564
18 156
16 948
Living cost
16 667
16 667
16 667
16 667
Free-cash
1 521
1 897
1 489
281

Estimated living cost  is ₴16667 per week

₴11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴164
₴6201
₴5906
₴8213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
trade
-
-
-
2 307
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.

-
-
-
5 662
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.

-
-
-
2 935
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.

-
-
-
311
total
-
-
-
11 215
Employee

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

21 790
-
34 000
-
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.

2 935
-
2 935
-
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.

103
-
311
-
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.

1 872
-
5 662
-
total
4 910
-
8 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 210
34 000
-
-
surtax

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

101
280
-
-
income
1 831
5 100
-
-
trade
2 008
5 593
-
-
chamber of commerce
82
113
-
-
total
4 022
11 086
-
-
Dividends
8 187
22 913
-
-
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.

104
306
-
-
withholding
1 884
5 565
-
-
total
1 988
5 871
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 920
16 957
8 908
11 215
After tax
23 080
17 043
25 092
22 785
Living cost
16 879
16 879
16 879
16 879
Free-cash
6 201
164
8 213
5 906

Estimated living cost  is ₴16879 per week

₴11289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10347
₴9223
₴11257
₴10721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
2 636
health
-
-
-
867
social contributions
-
-
-
5 304
total
-
-
-
8 807
Employee
33 040
33 040
33 040
-
social contributions
1 605
2 742
2 562
-
health
329
562
525
-
income
3 469
3 059
3 123
-
total
5 403
6 363
6 210
-
Employer
33 040
33 040
33 040
-
social contributions
1 605
2 742
2 562
-
health
358
612
571
-
total
1 963
3 354
3 133
-
Corporate
12 697
-
-
-
income
1 587
-
-
-
total
1 587
-
-
-
Dividends
11 110
-
-
-
withholding
1 888
-
-
-
total
1 888
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 841
9 717
9 343
8 807
After tax
23 159
24 283
24 657
25 193
Living cost
13 936
13 936
13 936
13 936
Free-cash
9 223
10 347
10 721
11 257

Estimated living cost  is ₴13936 per week

₴9527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11390
₴11551
₴15756
₴11913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
4 157
pensions
-
-
-
3 400
unemployment
-
-
-
510
health
-
-
-
2 380
total
-
-
-
10 447
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.

11 255
4 479
28 452
-
health
788
314
1 992
-
income
1 376
548
3 478
-
pensions
1 125
448
2 845
-
unemployment
169
67
427
-
total
3 458
1 377
8 742
-
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.

11 255
4 479
28 452
-
pensions
2 195
873
5 548
-
total
2 195
873
5 548
-
Corporate
20 551
28 647
-
-
income
1 850
2 578
-
-
total
1 850
2 578
-
-
Dividends
18 701
26 069
-
-
social contributions
3 596
5 032
-
-
withholding
3 553
4 953
-
-
total
7 149
9 985
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 652
14 813
14 290
10 447
After tax
19 348
19 187
19 710
23 553
Living cost
7 797
7 797
7 797
7 797
Free-cash
11 551
11 390
11 913
15 756

Estimated living cost  is ₴7797 per week

₴5320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴16822
₴14153
₴7846
₴9219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
4 556
pensions
-
-
-
6 800
health
-
-
-
4 420
total
-
-
-
15 776
Employee
12 189
-
25 412
-
income
1 372
-
4 900
-
pensions
244
-
508
-
unemployment
195
-
407
-
total
1 811
-
5 815
-
Employer
12 189
-
25 412
-
unemployment
98
-
203
-
pensions
2 438
-
5 082
-
health
1 584
-
3 303
-
total
4 120
-
8 588
-
Corporate
17 691
34 000
-
-
income
3 538
6 800
-
-
total
3 538
6 800
-
-
Dividends
14 153
27 200
-
-
total
-
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
9 469
6 800
14 403
15 776
After tax
24 531
27 200
19 597
18 224
Living cost
10 378
10 378
10 378
10 378
Free-cash
14 153
16 822
9 219
7 846

Estimated living cost  is ₴10378 per week

₴7118
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.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6675
₴1308
₴13963
₴7717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
accident
-
-
-
108
income
-
-
-
7 623
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 608
Employee
14 833
-
28 244
-
health
1 698
-
3 234
-
income
2 035
-
4 683
-
pensions
1 670
-
3 180
-
total
5 403
-
11 097
-
Employer
14 833
-
28 244
-
accident
248
-
472
-
unemployment
363
-
692
-
pensions
2 412
-
4 593
-
total
3 023
-
5 757
-
Corporate
16 144
34 000
-
-
income

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

14 530
30 600
-
-
total
14 530
30 600
-
-
Dividends
1 614
3 400
-
-
withholding
307
646
-
-
total
307
646
-
-
Income
34 000
34 000
34 000
34 000
Total tax
23 263
31 246
16 854
10 608
After tax
10 737
2 754
17 146
23 392
Living cost
9 429
9 429
9 429
9 429
Free-cash
1 308
-6 675
7 717
13 963

Estimated living cost  is ₴9429 per week

₴6911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28407
₴27677
₴29767
₴23307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
34 000
microenterprise

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

-
-
-
340
total
-
-
-
340
Employee
4 866
-
34 000
-
income
973
-
6 800
-
total
973
-
6 800
-
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%.

29 134
34 000
-
-
total
-
-
-
-
Dividends
29 134
34 000
-
-
withholding
1 457
1 700
-
-
total
1 457
1 700
-
-
Income
34 000
34 000
34 000
34 000
Total tax
2 430
1 700
6 800
340
After tax
31 570
32 300
27 200
33 660
Living cost
3 893
3 893
3 893
3 893
Free-cash
27 677
28 407
23 307
29 767

Estimated living cost  is ₴3893 per week

₴2412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴107
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13531
₴10628
₴6962
₴8479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
4 318
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.

-
-
-
8 160
other
-
-
-
1 615
health
-
-
-
1 496
total
-
-
-
15 589
Employee
15 601
-
27 157
-
health
219
-
380
-
income
2 686
-
4 675
-
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.

1 092
-
1 901
-
unemployment
156
-
272
-
total
4 153
-
7 228
-
Employer
15 601
-
27 157
-
accident
125
-
217
-
other
780
-
1 358
-
unemployment
156
-
272
-
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.

2 652
-
4 617
-
health
219
-
380
-
total
3 932
-
6 844
-
Corporate
14 467
34 000
-
-
income
3 038
7 140
-
-
total
3 038
7 140
-
-
Dividends
11 429
26 860
-
-
withholding
800
1 880
-
-
total
800
1 880
-
-
Income
34 000
34 000
34 000
34 000
Total tax
11 923
9 020
14 072
15 589
After tax
22 077
24 980
19 928
18 411
Living cost
11 449
11 449
11 449
11 449
Free-cash
10 628
13 531
8 479
6 962

Estimated living cost  is ₴11449 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3226
-₴12171
-₴3375
-₴7119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
6 331
pensions
-
-
-
2 344
total
-
-
-
8 675
Employee
40 606
-
30 085
-
health
669
-
454
-
income
7 320
-
5 395
-
pensions
3 917
-
2 655
-
total
11 906
-
8 504
-
Employer
40 606
-
30 085
-
pensions
4 794
-
3 343
-
health
771
-
572
-
total
5 565
-
3 915
-
Corporate
-
34 000
-
-
income

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

-
6 460
-
-
total
-
6 460
-
-
Dividends
-
27 540
-
-
withholding
-
2 066
-
-
total
-
2 066
-
-
Income
34 000
34 000
34 000
34 000
Total tax
17 471
8 526
12 419
8 675
After tax
16 529
25 474
21 581
25 325
Living cost
28 700
28 700
28 700
28 700
Free-cash
-12 171
-3 226
-7 119
-3 375

Estimated living cost  is ₴28700 per week

₴21505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3372
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.
₴3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴23437
₴21441
₴19260
₴20145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
5 100
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
9 107
Employee
7 458
-
31 056
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
746
-
3 105
-
pensions

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

655
-
1 318
-
total
1 826
-
5 278
-
Employer
7 458
-
31 056
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 654
-
health
515
-
1 035
-
total
1 464
-
2 944
-
Corporate
25 078
34 000
-
-
income
2 508
3 400
-
-
total
2 508
3 400
-
-
Dividends
22 571
30 600
-
-
withholding
1 128
1 530
-
-
total
1 128
1 530
-
-
Income
34 000
34 000
34 000
34 000
Total tax
6 926
4 930
8 222
9 107
After tax
27 074
29 070
25 778
24 893
Living cost
5 633
5 633
5 633
5 633
Free-cash
21 441
23 437
20 145
19 260

Estimated living cost  is ₴5633 per week

₴3288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴12082
-₴12810
-₴4477
-₴14495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
4 980
pensions
-
-
-
5 034
health
-
-
-
4 637
total
-
-
-
14 651
Employee
39 836
36 692
36 692
-
health
4 970
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
5 034
5 034
6 605
-
total
16 010
15 830
18 243
-
Employer
39 836
36 692
36 692
-
unemployment
1 434
1 321
1 321
-
pensions
2 772
2 554
2 554
-
health
2 768
2 551
2 551
-
total
6 974
6 426
6 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
22 984
22 256
24 669
14 651
After tax
11 016
11 744
9 331
19 349
Living cost
23 826
23 826
23 826
23 826
Free-cash
-12 810
-12 082
-14 495
-4 477

Estimated living cost  is ₴23826 per week

₴17576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
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.
₴3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13134
₴9469
₴6285
₴6979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
2 922
health
-
-
-
4 590
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 928
total
-
-
-
17 440
Employee
15 110
-
25 373
-
social contributions
982
-
1 649
-
health
2 040
-
3 425
-
solidarity contribution
-
-
-
-
income
1 813
-
3 045
-
total
4 835
-
8 119
-
Employer
15 110
-
25 373
-
social contributions
3 777
-
6 343
-
health
1 360
-
2 284
-
total
5 137
-
8 627
-
Corporate
13 753
34 000
-
-
income
2 613
6 460
-
-
total
2 613
6 460
-
-
Dividends
11 140
27 540
-
-
withholding
1 671
4 131
-
-
total
1 671
4 131
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 256
10 591
16 746
17 440
After tax
19 744
23 409
17 254
16 560
Living cost
10 275
10 275
10 275
10 275
Free-cash
9 469
13 134
6 979
6 285

Estimated living cost  is ₴10275 per week

₴7137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9
-₴4187
-₴34
-₴1685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
municipal
-
-
-
202
regional
-
-
-
360
national
-
-
-
6 596
social contributions
-
-
-
8 745
total
-
-
-
15 903
Employee
38 187
-
34 000
-
social contributions
12 877
-
11 465
-
regional
360
-
314
-
municipal
202
-
180
-
national
6 617
-
5 595
-
total
20 056
-
17 554
-
Employer
38 187
-
34 000
-
total
-
-
-
-
Corporate
-
34 000
-
-
nationa
-
8 160
-
-
municipal
-
1 326
-
-
total
-
9 486
-
-
Dividends
-
24 514
-
-
withholding
-
6 374
-
-
total
-
6 374
-
-
Income
34 000
34 000
34 000
34 000
Total tax
20 056
15 860
17 554
15 903
After tax
13 944
18 140
16 446
18 097
Living cost
18 131
18 131
18 131
18 131
Free-cash
-4 187
9
-1 685
-34

Estimated living cost  is ₴18131 per week

₴12638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1189
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.
₴4025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11905
₴10568
₴8931
₴8195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
5 710
pensions
-
-
-
6 800
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 414
surtax
-
-
-
566
total
-
-
-
15 588
Employee
14 209
-
28 088
-
other
-
-
-
-
health
363
-
717
-
surtax
46
-
506
-
income
2 382
-
5 360
-
pensions
947
-
1 874
-
unemployment
989
-
1 955
-
total
4 727
-
10 412
-
Employer
14 209
-
28 088
-
other
-
-
-
-
unemployment
450
-
890
-
pensions
1 894
-
3 744
-
health
647
-
1 278
-
total
2 991
-
5 912
-
Corporate
16 800
34 000
-
-
income
4 368
8 840
-
-
total
4 368
8 840
-
-
Dividends
12 432
25 160
-
-
withholding
1 865
3 774
-
-
total
1 865
3 774
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 951
12 614
16 324
15 588
After tax
20 049
21 386
17 676
18 412
Living cost
9 481
9 481
9 481
9 481
Free-cash
10 568
11 905
8 195
8 931

Estimated living cost  is ₴9481 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5867
₴2491
₴5718
₴1974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
6 331
pensions
-
-
-
2 344
total
-
-
-
8 675
Employee
27 213
-
30 085
-
health
395
-
454
-
income
4 901
-
5 395
-
pensions
2 310
-
2 655
-
total
7 606
-
8 504
-
Employer
27 213
-
30 085
-
pensions
2 946
-
3 343
-
health
517
-
572
-
total
3 463
-
3 915
-
Corporate
3 324
34 000
-
-
income

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

631
6 460
-
-
total
631
6 460
-
-
Dividends
2 693
27 540
-
-
withholding
202
2 066
-
-
total
202
2 066
-
-
Income
34 000
34 000
34 000
34 000
Total tax
11 902
8 526
12 419
8 675
After tax
22 098
25 474
21 581
25 325
Living cost
19 607
19 607
19 607
19 607
Free-cash
2 491
5 867
1 974
5 718

Estimated living cost  is ₴19607 per week

₴14689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
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.
₴3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴17131
-₴7884
-₴4079
-₴5815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
city
-
-
-
358
pensions
-
-
-
3 128
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.

-
-
-
680
regional
-
-
-
986
health
-
-
-
107
national
-
-
-
142
total
-
-
-
5 401
Employee
38 242
-
30 431
-
city
410
-
326
-
regional
1 252
-
832
-
health
86
-
69
-
pensions
3 213
-
2 557
-
unemployment
-
-
-
-
national
181
-
119
-
total
5 142
-
3 903
-
Employer
38 242
-
30 431
-
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.

765
-
608
-
unemployment
-
-
-
-
pensions
3 213
-
2 557
-
health
86
-
69
-
total
4 064
-
3 234
-
Corporate
-
34 000
-
-
regional
-
7 191
-
-
national
-
2 890
-
-
total
-
10 081
-
-
Dividends
-
23 919
-
-
withholding
-
8 372
-
-
total
-
8 372
-
-
Income
34 000
34 000
34 000
34 000
Total tax
9 206
18 453
7 137
5 401
After tax
24 794
15 547
26 863
28 599
Living cost
32 678
32 678
32 678
32 678
Free-cash
-7 884
-17 131
-5 815
-4 079

Estimated living cost  is ₴32678 per week

₴21250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴2816
₴4152
₴3003
₴5408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
trade
-
-
-
2 405
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.

-
-
-
5 662
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.

-
-
-
2 935
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.

-
-
-
311
total
-
-
-
11 313
Employee

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

25 823
-
34 000
-
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.

2 935
-
2 935
-
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.

167
-
311
-
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.

3 036
-
5 662
-
total
6 138
-
8 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 177
34 000
-
-
surtax

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

68
280
-
-
income
1 226
5 100
-
-
trade
1 402
5 831
-
-
chamber of commerce
77
113
-
-
total
2 773
11 324
-
-
Dividends
5 404
22 675
-
-
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.

65
303
-
-
withholding
1 188
5 505
-
-
total
1 253
5 808
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 164
17 132
8 908
11 313
After tax
23 836
16 868
25 092
22 687
Living cost
19 684
19 684
19 684
19 684
Free-cash
4 152
-2 816
5 408
3 003

Estimated living cost  is ₴19684 per week

₴14376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1575
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.
₴3478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2434
₴4976
₴5029
₴5462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
1 917
pensions
-
-
-
10 036
other
-
-
-
1 054
health
-
-
-
294
surtax
-
-
-
-
social contributions
-
-
-
969
total
-
-
-
14 270
Employee
18 389
-
25 909
-
social contributions
524
-
738
-
surtax
-
-
-
-
income
1 085
-
2 079
-
pensions
2 079
-
2 930
-
total
3 688
-
5 747
-
Employer
18 389
-
25 909
-
other
634
-
894
-
social contributions
55
-
77
-
unemployment
744
-
1 049
-
pensions
3 021
-
4 257
-
health
1 287
-
1 813
-
total
5 741
-
8 090
-
Corporate
9 868
34 000
-
-
surtax
-
-
-
-
income
2 763
9 520
-
-
total
2 763
9 520
-
-
Dividends
7 105
24 480
-
-
surtax
-
-
-
-
social contributions
1 222
4 211
-
-
withholding
909
3 134
-
-
total
2 131
7 345
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 323
16 865
13 837
14 270
After tax
19 677
17 135
20 163
19 730
Living cost
14 701
14 701
14 701
14 701
Free-cash
4 976
2 434
5 462
5 029

Estimated living cost  is ₴14701 per week

₴9269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3891
₴6279
₴6486
₴6919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
1 917
pensions
-
-
-
10 036
other
-
-
-
1 054
health
-
-
-
294
surtax
-
-
-
-
social contributions
-
-
-
969
total
-
-
-
14 270
Employee
16 415
-
25 909
-
social contributions
468
-
738
-
surtax
-
-
-
-
income
846
-
2 079
-
pensions
1 857
-
2 930
-
total
3 171
-
5 747
-
Employer
16 415
-
25 909
-
other
567
-
894
-
social contributions
49
-
77
-
unemployment
665
-
1 049
-
pensions
2 697
-
4 257
-
health
1 149
-
1 813
-
total
5 127
-
8 090
-
Corporate
12 459
34 000
-
-
surtax
-
-
-
-
income
3 488
9 520
-
-
total
3 488
9 520
-
-
Dividends
8 970
24 480
-
-
surtax
-
-
-
-
social contributions
1 543
4 211
-
-
withholding
1 148
3 134
-
-
total
2 691
7 345
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 477
16 865
13 837
14 270
After tax
19 523
17 135
20 163
19 730
Living cost
13 244
13 244
13 244
13 244
Free-cash
6 279
3 891
6 919
6 486

Estimated living cost  is ₴13244 per week

₴7681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11631
₴11855
₴12723
₴13246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
5 100
health
-
-
-
2 374
social contributions
-
-
-
4 692
total
-
-
-
12 166
Employee
14 568
-
34 000
-
social contributions
2 011
-
4 692
-
health
1 017
-
2 374
-
income
2 430
-
4 577
-
total
5 458
-
11 643
-
Employer
14 568
-
34 000
-
total
-
-
-
-
Corporate
19 432
34 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

972
1 700
-
-
total
972
1 700
-
-
Dividends
18 460
32 300
-
-
health
1 288
2 255
-
-
social contributions
2 547
4 458
-
-
withholding
2 769
4 845
-
-
total
6 604
11 558
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 034
13 258
11 643
12 166
After tax
20 966
20 742
22 357
21 834
Living cost
9 111
9 111
9 111
9 111
Free-cash
11 855
11 631
13 246
12 723

Estimated living cost  is ₴9111 per week

₴6097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
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.
₴2241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4070
₴3405
₴2957
-₴3588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
chamber of commerce
-
-
-
136
income
-
-
-
4 156
pensions
-
-
-
6 290
unemployment
-
-
-
2 635
health
-
-
-
2 601
surtax
-
-
-
85
total
-
-
-
15 903
Employee
21 473
17 123
26 335
-
other
214
171
263
-
health
831
663
1 019
-
income
2 445
1 263
3 838
-
pensions
2 199
1 753
2 696
-
unemployment
644
514
790
-
total
6 333
4 364
8 606
-
Employer
21 473
17 123
26 335
-
accident
279
223
342
-
other
1 020
813
1 252
-
chamber of commerce
86
68
105
-
unemployment
644
514
790
-
surtax
85
85
85
-
pensions
2 695
2 149
3 305
-
payroll
644
514
790
-
health
811
647
996
-
total
6 264
5 013
7 665
-
Corporate
6 263
11 864
24 705
-
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.

1 566
2 966
6 177
-
total
1 566
2 966
6 177
-
Dividends
4 698
8 898
-
-
withholding
1 292
2 447
-
-
total
1 292
2 447
-
-
Income
34 000
34 000
34 000
34 000
Total tax
15 455
14 790
22 448
15 903
After tax
18 545
19 210
11 552
18 097
Living cost
15 140
15 140
15 140
15 140
Free-cash
3 405
4 070
-3 588
2 957

Estimated living cost  is ₴15140 per week

₴10098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3436
-₴5680
₴1206
-₴1874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
national
-
-
-
10 557
communal

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

-
-
-
1 751
social contributions
-
-
-
4 820
total
-
-
-
17 128
Employee

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

30 735
-
26 334
-
communal

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

1 603
-
1 374
-
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.

1 444
-
1 238
-
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.

2 305
-
1 975
-
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.

267
-
229
-
national
9 449
-
7 727
-
total
15 068
-
12 543
-
Employer

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

30 735
-
26 334
-
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.

400
-
342
-
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.

448
-
385
-
surtax
3 485
-
2 986
-
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.

2 723
-
2 333
-
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.

1 890
-
1 619
-
total
8 946
-
7 665
-
Corporate
-
34 000
-
-
surtax
-
136
-
-
income
-
6 800
-
-
total
-
6 936
-
-
Dividends
-
27 064
-
-
withholding

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

-
7 962
-
-
total
-
7 962
-
-
Income
34 000
34 000
34 000
34 000
Total tax
24 014
14 898
20 208
17 128
After tax
9 986
19 102
13 792
16 872
Living cost
15 666
15 666
15 666
15 666
Free-cash
-5 680
3 436
-1 874
1 206

Estimated living cost  is ₴15666 per week

₴10091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7412
₴3990
₴2639
₴2880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
accident
-
-
-
306
income
-
-
-
5 644
pensions
-
-
-
9 622
other
-
-
-
34
unemployment
-
-
-
238
total
-
-
-
15 844
Employee
21 388
-
25 781
-
other
21
-
26
-
income
4 513
-
5 747
-
pensions
1 005
-
1 212
-
unemployment
332
-
400
-
total
5 871
-
7 385
-
Employer
21 388
-
25 781
-
accident
423
-
510
-
other
170
-
206
-
unemployment
1 177
-
1 418
-
pensions
5 047
-
6 084
-
total
6 817
-
8 218
-
Corporate
5 794
34 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

869
5 100
-
-
total
869
5 100
-
-
Dividends
4 925
28 900
-
-
withholding
936
5 971
-
-
total
936
5 971
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 493
11 071
15 603
15 844
After tax
19 507
22 929
18 397
18 156
Living cost
15 517
15 517
15 517
15 517
Free-cash
3 990
7 412
2 880
2 639

Estimated living cost  is ₴15517 per week

₴11427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2306
-₴2426
-₴3000
-₴1260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
accident
-
-
-
287
income
-
-
-
2 044
pensions
-
-
-
5 096
health
-
-
-
2 389
surtax
-
-
-
1 685
communal
-
-
-
2 149
total
-
-
-
13 650
Employee
32 539
-
30 371
-
health
1 448
-
1 351
-
surtax
1 994
-
1 862
-
income
3 143
-
2 638
-
pensions
2 603
-
2 430
-
total
9 188
-
8 281
-
Employer
32 539
-
30 371
-
accident
293
-
273
-
pensions
2 603
-
2 430
-
health
992
-
926
-
total
3 888
-
3 629
-
Corporate
-
34 000
-
-
surtax
-
357
-
-
communal
-
2 295
-
-
income
-
5 100
-
-
total
-
7 752
-
-
Dividends
-
26 247
-
-
income
-
1 267
-
-
withholding
-
3 937
-
-
total
-
5 204
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 076
12 956
11 910
13 650
After tax
20 924
21 044
22 090
20 350
Living cost
23 350
23 350
23 350
23 350
Free-cash
-2 426
-2 306
-1 260
-3 000

Estimated living cost  is ₴23350 per week

₴17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11735
₴10369
₴8761
₴8025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
5 710
pensions
-
-
-
6 800
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 414
surtax
-
-
-
566
total
-
-
-
15 588
Employee
14 470
-
28 088
-
other
-
-
-
-
health
369
-
717
-
surtax
51
-
506
-
income
2 426
-
5 360
-
pensions
965
-
1 874
-
unemployment
1 007
-
1 955
-
total
4 818
-
10 412
-
Employer
14 470
-
28 088
-
other
-
-
-
-
unemployment
459
-
890
-
pensions
1 929
-
3 744
-
health
658
-
1 278
-
total
3 046
-
5 912
-
Corporate
16 484
34 000
-
-
income
4 286
8 840
-
-
total
4 286
8 840
-
-
Dividends
12 198
25 160
-
-
withholding
1 830
3 774
-
-
total
1 830
3 774
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 980
12 614
16 324
15 588
After tax
20 020
21 386
17 676
18 412
Living cost
9 651
9 651
9 651
9 651
Free-cash
10 369
11 735
8 025
8 761

Estimated living cost  is ₴9651 per week

₴5827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴6298
₴5343
₴6371
₴4728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
municipal
-
-
-
202
regional
-
-
-
512
national
-
-
-
6 596
social contributions
-
-
-
8 745
total
-
-
-
16 055
Employee
23 835
-
34 000
-
social contributions
8 037
-
11 465
-
regional
321
-
458
-
municipal
126
-
180
-
national
3 776
-
5 595
-
total
12 260
-
17 698
-
Employer
23 835
-
34 000
-
total
-
-
-
-
Corporate
10 165
34 000
-
-
nationa
2 440
8 160
-
-
municipal
506
1 689
-
-
total
2 946
9 849
-
-
Dividends
7 220
24 150
-
-
withholding
1 877
6 279
-
-
total
1 877
6 279
-
-
Income
34 000
34 000
34 000
34 000
Total tax
17 083
16 128
17 698
16 055
After tax
16 917
17 872
16 302
17 945
Living cost
11 574
11 574
11 574
11 574
Free-cash
5 343
6 298
4 728
6 371

Estimated living cost  is ₴11574 per week

₴7198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10748
₴6230
₴3899
₴4593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
2 922
health
-
-
-
4 590
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 928
total
-
-
-
17 440
Employee
18 619
-
25 373
-
social contributions
1 210
-
1 649
-
health
2 514
-
3 425
-
solidarity contribution
-
-
-
-
income
2 234
-
3 045
-
total
5 958
-
8 119
-
Employer
18 619
-
25 373
-
social contributions
4 655
-
6 343
-
health
1 676
-
2 284
-
total
6 331
-
8 627
-
Corporate
9 050
34 000
-
-
income
1 720
6 460
-
-
total
1 720
6 460
-
-
Dividends
7 331
27 540
-
-
withholding
1 100
4 131
-
-
total
1 100
4 131
-
-
Income
34 000
34 000
34 000
34 000
Total tax
15 109
10 591
16 746
17 440
After tax
18 891
23 409
17 254
16 560
Living cost
12 661
12 661
12 661
12 661
Free-cash
6 230
10 748
4 593
3 899

Estimated living cost  is ₴12661 per week

₴9416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5548
₴5337
₴4474
-₴2139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
chamber of commerce
-
-
-
136
income
-
-
-
4 156
pensions
-
-
-
6 290
unemployment
-
-
-
2 635
health
-
-
-
2 601
surtax
-
-
-
-
total
-
-
-
15 818
Employee
18 782
17 123
26 401
-
other
188
171
264
-
health
727
663
1 022
-
income
1 673
1 263
3 857
-
pensions
1 923
1 753
2 704
-
unemployment
563
514
792
-
total
5 074
4 364
8 639
-
Employer
18 782
17 123
26 401
-
accident
244
223
343
-
other
892
813
1 254
-
chamber of commerce
75
68
106
-
unemployment
563
514
792
-
surtax
-
-
-
-
pensions
2 357
2 149
3 314
-
payroll
563
514
792
-
health
710
647
998
-
total
5 404
4 928
7 599
-
Corporate
9 813
11 949
24 771
-
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.

2 453
2 988
6 193
-
total
2 453
2 988
6 193
-
Dividends
7 359
8 961
-
-
withholding
2 024
2 464
-
-
total
2 024
2 464
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 955
14 744
22 431
15 818
After tax
19 045
19 256
11 569
18 182
Living cost
13 708
13 708
13 708
13 708
Free-cash
5 337
5 548
-2 139
4 474

Estimated living cost  is ₴13708 per week

₴8223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴26234
₴25096
₴27594
₴21134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
34 000
microenterprise

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

-
-
-
340
total
-
-
-
340
Employee
7 582
-
34 000
-
income
1 517
-
6 800
-
total
1 517
-
6 800
-
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%.

26 418
34 000
-
-
total
-
-
-
-
Dividends
26 418
34 000
-
-
withholding
1 321
1 700
-
-
total
1 321
1 700
-
-
Income
34 000
34 000
34 000
34 000
Total tax
2 838
1 700
6 800
340
After tax
31 162
32 300
27 200
33 660
Living cost
6 066
6 066
6 066
6 066
Free-cash
25 096
26 234
21 134
27 594

Estimated living cost  is ₴6066 per week

₴4105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11884
₴8291
₴6460
₴5483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
income
-
-
-
6 409
pensions
-
-
-
6 209
unemployment
-
-
-
51
health
-
-
-
3 346
total
-
-
-
16 015
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.

19 000
-
29 419
-
health
1 227
-
1 901
-
income
3 277
-
5 908
-
pensions
2 945
-
4 560
-
unemployment
27
-
42
-
total
7 476
-
12 411
-
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.

19 000
-
29 419
-
unemployment
11
-
18
-
pensions
1 681
-
2 604
-
health
1 265
-
1 959
-
total
2 957
-
4 581
-
Corporate
12 042
34 000
-
-
income
2 288
6 460
-
-
total
2 288
6 460
-
-
Dividends
9 754
27 540
-
-
withholding
1 463
4 131
-
-
total
1 463
4 131
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 184
10 591
16 992
16 015
After tax
19 816
23 409
17 008
17 985
Living cost
11 525
11 525
11 525
11 525
Free-cash
8 291
11 884
5 483
6 460

Estimated living cost  is ₴11525 per week

₴7909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2052
-₴30393
₴4863
₴9685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
6 627
social contributions
-
-
-
3 876
total
-
-
-
10 503
Employee
26 719
-
-
-
social contributions
2 191
-
312
-
income
5 894
-
-
-
total
8 085
-
312
-
Employer
26 719
-
-
-
social contributions
37 674
-
5 369
-
total
37 674
-
5 369
-
Corporate
-
34 000
-
-
income
-
7 480
-
-
total
-
7 480
-
-
Dividends
-
26 520
-
-
income
-
5 834
-
-
total
-
5 834
-
-
Income
34 000
34 000
34 000
34 000
Total tax
45 759
13 314
5 681
10 503
After tax
-11 759
20 686
28 319
23 497
Living cost
18 634
18 634
18 634
18 634
Free-cash
-30 393
2 052
9 685
4 863

Estimated living cost  is ₴18634 per week

₴12091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1753
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.
₴4554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5863
₴5431
₴5779
₴4380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
income
-
-
-
2 929
surtax
-
-
-
-
social contributions

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

-
-
-
11 815
total
-
-
-
14 744
Employee
19 762
-
27 474
-
social contributions
2 174
-
3 022
-
surtax
-
-
-
-
income
4 110
-
6 595
-
total
6 284
-
9 617
-
Employer
19 762
-
27 474
-
social contributions
4 693
-
6 526
-
total
4 693
-
6 526
-
Corporate
9 545
34 000
-
-
surtax
-
-
-
-
income
2 004
7 140
-
-
total
2 004
7 140
-
-
Dividends
7 541
26 860
-
-
withholding
2 111
7 520
-
-
total
2 111
7 520
-
-
Income
34 000
34 000
34 000
34 000
Total tax
15 092
14 660
16 143
14 744
After tax
18 908
19 340
17 857
19 256
Living cost
13 477
13 477
13 477
13 477
Free-cash
5 431
5 863
4 380
5 779

Estimated living cost  is ₴13477 per week

₴10084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3618
-₴1317
-₴1023
-₴590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
1 917
pensions
-
-
-
10 036
other
-
-
-
1 054
health
-
-
-
294
surtax
-
-
-
-
social contributions
-
-
-
969
total
-
-
-
14 270
Employee
26 911
-
25 909
-
social contributions
766
-
738
-
surtax
-
-
-
-
income
2 348
-
2 079
-
pensions
3 044
-
2 930
-
total
6 158
-
5 747
-
Employer
26 911
-
25 909
-
other
929
-
894
-
social contributions
81
-
77
-
unemployment
1 090
-
1 049
-
pensions
4 422
-
4 257
-
health
1 884
-
1 813
-
total
8 406
-
8 090
-
Corporate
-
34 000
-
-
surtax
-
-
-
-
income
-
9 520
-
-
total
-
9 520
-
-
Dividends
-
24 480
-
-
surtax
-
-
-
-
social contributions
-
4 211
-
-
withholding
-
3 134
-
-
total
-
7 345
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 564
16 865
13 837
14 270
After tax
19 436
17 135
20 163
19 730
Living cost
20 753
20 753
20 753
20 753
Free-cash
-1 317
-3 618
-590
-1 023

Estimated living cost  is ₴20753 per week

₴14045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴17684
₴16241
₴13257
₴14209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
347
social contributions
-
-
-
7 480
total
-
-
-
7 827
Employee
13 814
-
29 437
-
income
-
-
398
-
social contributions
898
-
1 914
-
total
898
-
2 312
-
Employer
13 814
-
29 437
-
social contributions
2 141
-
4 563
-
total
2 141
-
4 563
-
Corporate
18 045
34 000
-
-
income
1 804
3 400
-
-
total
1 804
3 400
-
-
Dividends
16 241
30 600
-
-
total
-
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
4 843
3 400
6 875
7 827
After tax
29 157
30 600
27 125
26 173
Living cost
12 916
12 916
12 916
12 916
Free-cash
16 241
17 684
14 209
13 257

Estimated living cost  is ₴12916 per week

₴8351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
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.
₴3348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴59614
-₴59614
₴777
-₴59614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
municipal
-
-
-
5 999
pensions
-
-
-
372
national
-
-
-
3 469
labour market
-
-
-
2 690
total
-
-
-
12 530
Employee
87 338
87 338
87 338
-
labour market
6 977
6 977
6 977
-
national
10 670
10 670
10 670
-
municipal
18 598
18 598
18 598
-
pensions
124
124
124
-
total
36 369
36 369
36 369
-
Employer
87 338
87 338
87 338
-
labour market
6 987
6 987
6 987
-
municipal
18 628
18 628
18 628
-
pensions
248
248
248
-
national
10 689
10 689
10 689
-
total
36 552
36 552
36 552
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
72 921
72 921
72 921
12 530
After tax
-38 921
-38 921
-38 921
21 470
Living cost
20 693
20 693
20 693
20 693
Free-cash
-59 614
-59 614
-59 614
777

Estimated living cost  is ₴20693 per week

₴14162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1830
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.
₴4382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6536
₴1329
₴14102
₴7856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
accident
-
-
-
108
income
-
-
-
7 623
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 608
Employee
14 614
-
28 244
-
health
1 673
-
3 234
-
income
2 005
-
4 683
-
pensions
1 646
-
3 180
-
total
5 324
-
11 097
-
Employer
14 614
-
28 244
-
accident
244
-
472
-
unemployment
358
-
692
-
pensions
2 376
-
4 593
-
total
2 978
-
5 757
-
Corporate
16 407
34 000
-
-
income

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

14 767
30 600
-
-
total
14 767
30 600
-
-
Dividends
1 641
3 400
-
-
withholding
312
646
-
-
total
312
646
-
-
Income
34 000
34 000
34 000
34 000
Total tax
23 381
31 246
16 854
10 608
After tax
10 619
2 754
17 146
23 392
Living cost
9 290
9 290
9 290
9 290
Free-cash
1 329
-6 536
7 856
14 102

Estimated living cost  is ₴9290 per week

₴6762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴530
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.
₴1824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6669
₴4932
₴8579
₴3610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
34 000
municipal
-
-
-
6 058
health
-
-
-
344
national
-
-
-
2 523
total
-
-
-
8 925
Employee
22 606
-
28 603
-
health
169
-
261
-
municipal
3 703
-
4 677
-
pensions
1 526
-
1 931
-
unemployment
339
-
429
-
national
373
-
1 199
-
total
6 110
-
8 497
-
Employer
22 606
-
28 603
-
accident
23
-
29
-
unemployment
147
-
186
-
pensions
3 922
-
4 962
-
health
174
-
220
-
total
4 266
-
5 397
-
Corporate
7 129
34 000
-
-
income
1 426
6 800
-
-
total
1 426
6 800
-
-
Dividends

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

4 277
20 400
-
-
national
-
363
-
-
municipal
770
3 672
-
-
total
770
4 035
-
-
Income
34 000
34 000
34 000
34 000
Total tax
12 572
10 835
13 894
8 925
After tax
21 428
23 165
20 106
25 075
Living cost
16 496
16 496
16 496
16 496
Free-cash
4 932
6 669
3 610
8 579

Estimated living cost  is ₴16496 per week

₴10775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴14335
₴12654
₴15245
₴14709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
2 636
health
-
-
-
867
social contributions
-
-
-
5 304
total
-
-
-
8 807
Employee
33 040
33 040
33 040
-
social contributions
1 249
2 742
2 562
-
health
256
562
525
-
income
3 597
3 059
3 123
-
total
5 102
6 363
6 210
-
Employer
33 040
33 040
33 040
-
social contributions
1 249
2 742
2 562
-
health
278
612
571
-
total
1 527
3 354
3 133
-
Corporate
17 422
-
-
-
income
2 178
-
-
-
total
2 178
-
-
-
Dividends
15 244
-
-
-
withholding
2 591
-
-
-
total
2 591
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
11 398
9 717
9 343
8 807
After tax
22 602
24 283
24 657
25 193
Living cost
9 948
9 948
9 948
9 948
Free-cash
12 654
14 335
14 709
15 245

Estimated living cost  is ₴9948 per week

₴5962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21333
₴19148
₴19763
₴14180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 000
income
-
-
-
3 115
pensions
-
-
-
2 733
unemployment
-
-
-
12
health
-
-
-
1 555
total
-
-
-
7 415
Employee

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

9 862
-
30 825
-
health
838
-
2 620
-
income
674
-
2 425
-
pensions
1 479
-
4 624
-
unemployment
49
-
154
-
total
3 040
-
9 823
-
Employer

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

9 862
-
30 825
-
unemployment
49
-
154
-
pensions
542
-
1 695
-
health
424
-
1 326
-
total
1 015
-
3 175
-
Corporate
23 122
34 000
-
-
income
2 081
3 060
-
-
total
2 081
3 060
-
-
Dividends
21 042
30 940
-
-
withholding
1 894
2 785
-
-
total
1 894
2 785
-
-
Income
34 000
34 000
34 000
34 000
Total tax
8 030
5 845
12 998
7 415
After tax
25 970
28 155
21 002
26 585
Living cost
6 822
6 822
6 822
6 822
Free-cash
19 148
21 333
14 180
19 763

Estimated living cost  is ₴6822 per week

₴4353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11113
₴8860
₴6340
₴6581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
accident
-
-
-
306
income
-
-
-
5 644
pensions
-
-
-
9 622
other
-
-
-
34
unemployment
-
-
-
238
total
-
-
-
15 844
Employee
15 888
-
25 781
-
other
15
-
26
-
income
3 063
-
5 747
-
pensions
747
-
1 212
-
unemployment
246
-
400
-
total
4 071
-
7 385
-
Employer
15 888
-
25 781
-
accident
315
-
510
-
other
127
-
206
-
unemployment
874
-
1 418
-
pensions
3 749
-
6 084
-
total
5 065
-
8 218
-
Corporate
13 047
34 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

1 957
5 100
-
-
total
1 957
5 100
-
-
Dividends
11 090
28 900
-
-
withholding
2 231
5 971
-
-
total
2 231
5 971
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 324
11 071
15 603
15 844
After tax
20 676
22 929
18 397
18 156
Living cost
11 816
11 816
11 816
11 816
Free-cash
8 860
11 113
6 581
6 340

Estimated living cost  is ₴11816 per week

₴7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20039
₴19845
₴20232
₴20148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
11 111
pensions
-
-
-
858
health
-
-
-
622
total
-
-
-
12 591
Employee
1 792
-
33 035
-
health
90
-
215
-
income
347
-
11 065
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
616
-
11 709
-
Employer
1 792
-
33 035
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
408
-
total
403
-
966
-
Corporate
31 805
34 000
-
-
income
6 997
7 480
-
-
total
6 997
7 480
-
-
Dividends
24 808
26 520
-
-
withholding
4 962
5 304
-
-
total
4 962
5 304
-
-
Income
34 000
34 000
34 000
34 000
Total tax
12 978
12 784
12 675
12 591
After tax
21 022
21 216
21 325
21 409
Living cost
1 177
1 177
1 177
1 177
Free-cash
19 845
20 039
20 148
20 232

Estimated living cost  is ₴1177 per week

₴699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17135
₴15021
₴9474
₴10190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
income
-
-
-
5 095
pensions
-
-
-
8 255
unemployment
-
-
-
476
health
-
-
-
3 270
total
-
-
-
17 096
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.

11 204
-
28 838
-
health
577
-
1 485
-
income
1 544
-
5 480
-
pensions
1 569
-
4 037
-
unemployment
84
-
216
-
total
3 774
-
11 218
-
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.

11 204
-
28 838
-
unemployment
84
-
216
-
pensions
1 344
-
3 461
-
health
577
-
1 485
-
total
2 005
-
5 162
-
Corporate
20 790
34 000
-
-
income
3 119
5 100
-
-
total
3 119
5 100
-
-
Dividends
17 672
28 900
-
-
withholding
2 651
4 335
-
-
total
2 651
4 335
-
-
Income
34 000
34 000
34 000
34 000
Total tax
11 549
9 435
16 380
17 096
After tax
22 451
24 565
17 620
16 904
Living cost
7 430
7 430
7 430
7 430
Free-cash
15 021
17 135
10 190
9 474

Estimated living cost  is ₴7430 per week

₴5003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴575
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.
₴1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7756
₴7600
₴7672
₴6273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
income
-
-
-
2 929
surtax
-
-
-
-
social contributions

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

-
-
-
11 815
total
-
-
-
14 744
Employee
16 677
-
27 474
-
social contributions
1 835
-
3 022
-
surtax
-
-
-
-
income
3 258
-
6 595
-
total
5 093
-
9 617
-
Employer
16 677
-
27 474
-
social contributions
3 960
-
6 526
-
total
3 960
-
6 526
-
Corporate
13 363
34 000
-
-
surtax
-
-
-
-
income
2 807
7 140
-
-
total
2 807
7 140
-
-
Dividends
10 557
26 860
-
-
withholding
2 956
7 520
-
-
total
2 956
7 520
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 816
14 660
16 143
14 744
After tax
19 184
19 340
17 857
19 256
Living cost
11 584
11 584
11 584
11 584
Free-cash
7 600
7 756
6 273
7 672

Estimated living cost  is ₴11584 per week

₴8204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴805
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.
₴2370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7828
₴4552
₴3055
₴3296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
accident
-
-
-
306
income
-
-
-
5 644
pensions
-
-
-
9 622
other
-
-
-
34
unemployment
-
-
-
238
total
-
-
-
15 844
Employee
20 751
-
25 781
-
other
20
-
26
-
income
4 334
-
5 747
-
pensions
975
-
1 212
-
unemployment
321
-
400
-
total
5 650
-
7 385
-
Employer
20 751
-
25 781
-
accident
411
-
510
-
other
166
-
206
-
unemployment
1 142
-
1 418
-
pensions
4 897
-
6 084
-
total
6 616
-
8 218
-
Corporate
6 633
34 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

995
5 100
-
-
total
995
5 100
-
-
Dividends
5 638
28 900
-
-
withholding
1 086
5 971
-
-
total
1 086
5 971
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 347
11 071
15 603
15 844
After tax
19 653
22 929
18 397
18 156
Living cost
15 101
15 101
15 101
15 101
Free-cash
4 552
7 828
3 296
3 055

Estimated living cost  is ₴15101 per week

₴10845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴21680
₴19061
₴17503
₴18388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
5 100
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
9 107
Employee
9 786
-
31 056
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
income
979
-
3 105
-
pensions

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

859
-
1 318
-
total
2 396
-
5 278
-
Employer
9 786
-
31 056
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 654
-
health
675
-
1 035
-
total
1 920
-
2 944
-
Corporate
22 294
34 000
-
-
income
2 230
3 400
-
-
total
2 230
3 400
-
-
Dividends
20 065
30 600
-
-
withholding
1 003
1 530
-
-
total
1 003
1 530
-
-
Income
34 000
34 000
34 000
34 000
Total tax
7 549
4 930
8 222
9 107
After tax
26 451
29 070
25 778
24 893
Living cost
7 390
7 390
7 390
7 390
Free-cash
19 061
21 680
18 388
17 503

Estimated living cost  is ₴7390 per week

₴4888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴978
₴6599
₴6491
₴8503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
trade
-
-
-
2 012
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.

-
-
-
5 662
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.

-
-
-
2 935
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.

-
-
-
311
total
-
-
-
10 920
Employee

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

21 379
-
34 000
-
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.

2 935
-
2 935
-
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.

97
-
311
-
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.

1 758
-
5 662
-
total
4 790
-
8 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 621
34 000
-
-
surtax

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

104
280
-
-
income
1 893
5 100
-
-
trade
1 811
4 879
-
-
chamber of commerce
84
115
-
-
total
3 892
10 374
-
-
Dividends
8 728
23 625
-
-
surtax

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

111
316
-
-
withholding
2 019
5 743
-
-
total
2 130
6 059
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 812
16 433
8 908
10 920
After tax
23 188
17 567
25 092
23 080
Living cost
16 589
16 589
16 589
16 589
Free-cash
6 599
978
8 503
6 491

Estimated living cost  is ₴16589 per week

₴11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1785
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.
₴3120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴676
₴273
₴191
₴191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
6 498
social contributions
-
-
-
2 835
total
-
-
-
9 333
Employee
33 610
-
34 000
-
income
6 342
-
6 498
-
social contributions
2 792
-
2 835
-
total
9 134
-
9 333
-
Employer
33 610
-
34 000
-
total
-
-
-
-
Corporate
390
34 000
-
-
income
49
4 250
-
-
total
49
4 250
-
-
Dividends
341
29 750
-
-
withholding
68
5 950
-
-
total
68
5 950
-
-
Income
34 000
34 000
34 000
34 000
Total tax
9 251
10 200
9 333
9 333
After tax
24 749
23 800
24 667
24 667
Living cost
24 476
24 476
24 476
24 476
Free-cash
273
-676
191
191

Estimated living cost  is ₴24476 per week

₴18621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4233
₴6721
₴3293
₴9234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
income
-
-
-
12 231
health

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

-
-
-
2 879
total
-
-
-
15 110
Employee
19 711
-
32 024
-
income
2 139
-
5 217
-
social contributions
1 975
-
1 976
-
total
4 114
-
7 193
-
Employer
19 711
-
32 024
-
social contributions
1 975
-
1 976
-
total
1 975
-
1 976
-
Corporate
12 314
34 000
-
-
income
4 310
11 900
-
-
total
4 310
11 900
-
-
Dividends
8 004
22 100
-
-
social contributions
1 283
2 270
-
-
total
1 283
2 270
-
-
Income
34 000
34 000
34 000
34 000
Total tax
11 682
14 170
9 169
15 110
After tax
22 318
19 830
24 831
18 890
Living cost
15 597
15 597
15 597
15 597
Free-cash
6 721
4 233
9 234
3 293

Estimated living cost  is ₴15597 per week

₴10274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
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.
₴3854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9534
₴7113
₴9385
₴5641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
income
-
-
-
6 331
pensions
-
-
-
2 344
total
-
-
-
8 675
Employee
21 880
-
30 085
-
health
285
-
454
-
income
3 984
-
5 395
-
pensions
1 670
-
2 655
-
total
5 939
-
8 504
-
Employer
21 880
-
30 085
-
pensions
2 211
-
3 343
-
health
416
-
572
-
total
2 627
-
3 915
-
Corporate
9 494
34 000
-
-
income

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

1 804
6 460
-
-
total
1 804
6 460
-
-
Dividends
7 690
27 540
-
-
withholding
577
2 066
-
-
total
577
2 066
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 947
8 526
12 419
8 675
After tax
23 053
25 474
21 581
25 325
Living cost
15 940
15 940
15 940
15 940
Free-cash
7 113
9 534
5 641
9 385

Estimated living cost  is ₴15940 per week

₴10935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴7456
₴1190
₴13182
₴6936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
accident
-
-
-
108
income
-
-
-
7 623
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 608
Employee
16 061
-
28 244
-
health
1 839
-
3 234
-
income
2 203
-
4 683
-
pensions
1 808
-
3 180
-
total
5 850
-
11 097
-
Employer
16 061
-
28 244
-
accident
268
-
472
-
unemployment
393
-
692
-
pensions
2 611
-
4 593
-
total
3 272
-
5 757
-
Corporate
14 666
34 000
-
-
income

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

13 199
30 600
-
-
total
13 199
30 600
-
-
Dividends
1 467
3 400
-
-
withholding
279
646
-
-
total
279
646
-
-
Income
34 000
34 000
34 000
34 000
Total tax
22 600
31 246
16 854
10 608
After tax
11 400
2 754
17 146
23 392
Living cost
10 210
10 210
10 210
10 210
Free-cash
1 190
-7 456
6 936
13 182

Estimated living cost  is ₴10210 per week

₴7493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴595
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.
₴1916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₴23097
₴21010
₴13872
₴13872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 000
work injury
-
-
-
170
health insurance
-
-
-
2 516
income
-
-
-
4 975
pensions
-
-
-
6 256
unemployment
-
-
-
408
total
-
-
-
14 325
Employee

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

9 285
-
34 000
-
work injury
46
-
170
-
income
928
-
4 975
-
pensions
1 708
-
6 256
-
health insurance
687
-
2 516
-
unemployment
111
-
408
-
total
3 480
-
14 325
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 715
34 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
24 715
34 000
-
-
withholding
3 707
5 100
-
-
total
3 707
5 100
-
-
Income
34 000
34 000
34 000
34 000
Total tax
7 187
5 100
14 325
14 325
After tax
26 813
28 900
19 675
19 675
Living cost
5 803
5 803
5 803
5 803
Free-cash
21 010
23 097
13 872
13 872

Estimated living cost  is ₴5803 per week

₴3595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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

Close
Rome , Italy
₴792
-₴2208
₴719
-₴873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
municipal
-
-
-
227
regional
-
-
-
596
national
-
-
-
6 596
social contributions
-
-
-
8 745
total
-
-
-
16 164
Employee
36 207
-
34 000
-
social contributions
12 209
-
11 465
-
regional
547
-
493
-
municipal
216
-
203
-
national
6 119
-
5 595
-
total
19 091
-
17 756
-
Employer
36 207
-
34 000
-
total
-
-
-
-
Corporate
-
34 000
-
-
nationa
-
8 160
-
-
municipal
-
1 639
-
-
total
-
9 799
-
-
Dividends
-
24 201
-
-
withholding
-
6 292
-
-
total
-
6 292
-
-
Income
34 000
34 000
34 000
34 000
Total tax
19 091
16 091
17 756
16 164
After tax
14 909
17 909
16 244
17 836
Living cost
17 117
17 117
17 117
17 117
Free-cash
-2 208
792
-873
719

Estimated living cost  is ₴17117 per week

₴12024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close