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

Valencia , Spain
₴12938
₴9326
₴10206
₴14533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
197
income
-
-
-
6 967
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
15 427
Employee
11 251
-
25 781
-
unemployment
174
-
400
-
pensions
529
-
1 212
-
income
2 169
-
6 451
-
other
11
-
26
-
total
2 883
-
8 089
-
Employer
11 251
-
25 781
-
pensions
2 655
-
6 084
-
accident
223
-
510
-
unemployment
619
-
1 418
-
other
90
-
206
-
total
3 587
-
8 218
-
Corporate
19 162
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.

2 874
5 100
-
-
total
2 874
5 100
-
-
Dividends
16 288
28 900
-
-
withholding
3 351
6 000
-
-
total
3 351
6 000
-
-
Income
34 000
34 000
34 000
34 000
Total tax
12 695
11 100
16 307
15 427
After tax
21 305
22 900
17 693
18 573
Living cost
8 367
8 367
8 367
8 367
Free-cash
12 938
14 533
9 326
10 206

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴14817
₴11634
₴10226
₴16872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
income
-
-
-
4 395
other
-
-
-
1 615
health
-
-
-
1 496
total
-
-
-
15 666
Employee
11 048
-
27 157
-
health
155
-
380
-
unemployment
110
-
271
-
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.

773
-
1 901
-
income
1 902
-
4 864
-
total
2 940
-
7 416
-
Employer
11 048
-
27 157
-
health
155
-
380
-
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.

1 878
-
4 616
-
accident
88
-
217
-
unemployment
110
-
271
-
other
553
-
1 358
-
total
2 784
-
6 842
-
Corporate
20 168
34 000
-
-
income
4 235
7 140
-
-
total
4 235
7 140
-
-
Dividends
15 933
26 860
-
-
withholding
1 116
1 880
-
-
total
1 116
1 880
-
-
Income
34 000
34 000
34 000
34 000
Total tax
11 075
9 020
14 258
15 666
After tax
22 925
24 980
19 742
18 334
Living cost
8 108
8 108
8 108
8 108
Free-cash
14 817
16 872
11 634
10 226

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴23669
₴23197
₴22077
₴25083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
5 100
health
-
-
-
1 222
total
-
-
-
7 936
Employee
5 280
-
31 916
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
3 192
-
total
1 293
-
4 731
-
Employer
5 280
-
31 916
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
27 684
34 000
-
-
income
2 769
3 400
-
-
total
2 769
3 400
-
-
Dividends
24 915
30 600
-
-
withholding
1 246
1 530
-
-
total
1 246
1 530
-
-
Income
34 000
34 000
34 000
34 000
Total tax
6 344
4 930
6 816
7 936
After tax
27 656
29 070
27 184
26 064
Living cost
3 987
3 987
3 987
3 987
Free-cash
23 669
25 083
23 197
22 077

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴8525
₴10442
₴9068
₴6726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 744
other
-
-
-
1 054
health
-
-
-
826
social contributions
-
-
-
968
pensions
-
-
-
7 930
surtax
-
-
-
-
total
-
-
-
14 522
Employee
13 022
-
27 385
-
pensions
1 472
-
1 435
-
income
769
-
4 318
-
social contributions
371
-
780
-
surtax
-
-
-
-
total
2 612
-
6 533
-
Employer
13 022
-
27 385
-
health
912
-
1 979
-
social contributions
39
-
82
-
pensions
2 139
-
2 500
-
unemployment
527
-
1 109
-
other
449
-
945
-
total
4 066
-
6 615
-
Corporate
16 911
34 000
-
-
income
4 735
9 520
-
-
surtax
-
-
-
-
total
4 735
9 520
-
-
Dividends
12 176
24 480
-
-
social contributions
2 094
4 210
-
-
surtax
-
-
-
-
withholding
1 558
3 134
-
-
total
3 652
7 344
-
-
Income
34 000
34 000
34 000
34 000
Total tax
15 065
16 864
13 148
14 522
After tax
18 935
17 136
20 852
19 478
Living cost
10 410
10 410
10 410
10 410
Free-cash
8 525
6 726
10 442
9 068

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴1933
₴4809
₴6630
₴3796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 565
income
-
-
-
7 307
health
-
-
-
3 752
total
-
-
-
14 624
Employee
25 983
25 983
28 933
-
health
3 988
3 392
3 560
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
4 253
-
total
12 918
11 210
11 378
-
Employer
25 983
25 983
28 933
-
health
1 806
1 806
2 011
-
pensions
1 808
1 808
2 014
-
unemployment
935
935
1 042
-
total
4 549
4 549
5 067
-
Corporate
3 785
3 467
-
-
income
757
693
-
-
total
757
693
-
-
Dividends
3 028
2 773
-
-
income
643
590
-
-
withholding
454
416
-
-
total
1 097
1 006
-
-
Income
34 000
34 000
34 000
34 000
Total tax
19 321
17 458
16 445
14 624
After tax
14 679
16 542
17 555
19 376
Living cost
12 746
12 746
12 746
12 746
Free-cash
1 933
3 796
4 809
6 630

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
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.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴11330
₴14497
₴11370
₴7964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 127
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.

-
-
-
7 780
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.

-
-
-
2 079
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.

-
-
-
428
total
-
-
-
13 414
Employee

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

11 638
-
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.

2 079
-
2 079
-
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.

325
-
7 780
-
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.

18
-
428
-
total
2 422
-
10 287
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 362
34 000
-
-
income
3 354
5 100
-
-
trade
3 522
5 355
-
-
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.

184
281
-
-
chamber of commerce
79
95
-
-
total
7 139
10 831
-
-
Dividends
15 223
23 169
-
-
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.

203
312
-
-
withholding
3 690
5 677
-
-
total
3 893
5 989
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 454
16 820
10 287
13 414
After tax
20 546
17 180
23 713
20 586
Living cost
9 216
9 216
9 216
9 216
Free-cash
11 330
7 964
14 497
11 370

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Larnaca , Cyprus
₴16165
₴16552
₴16853
₴17822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 312
health
-
-
-
867
social contributions
-
-
-
4 923
total
-
-
-
10 102
Employee
23 397
23 397
30 867
-
health
181
398
525
-
income
2 548
2 166
4 183
-
social contributions
885
1 942
2 562
-
total
3 614
4 506
7 270
-
Employer
23 397
23 397
30 867
-
health
197
433
571
-
social contributions
885
1 942
2 562
-
total
1 082
2 375
3 133
-
Corporate
22 260
8 228
-
-
income
2 783
1 028
-
-
total
2 783
1 028
-
-
Dividends
19 478
7 200
-
-
withholding
3 311
1 224
-
-
total
3 311
1 224
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 790
9 133
10 403
10 102
After tax
23 210
24 867
23 597
23 898
Living cost
7 045
7 045
7 045
7 045
Free-cash
16 165
17 822
16 552
16 853

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
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.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴9489
₴7345
₴9299
₴9795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 342
social contributions

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

-
-
-
11 815
surtax
-
-
-
-
total
-
-
-
15 157
Employee
13 994
-
27 475
-
income
2 911
-
7 564
-
social contributions
1 539
-
3 022
-
surtax
-
-
-
-
total
4 450
-
10 586
-
Employer
13 994
-
27 475
-
social contributions
3 324
-
6 525
-
total
3 324
-
6 525
-
Corporate
16 682
34 000
-
-
income
3 503
7 140
-
-
surtax
-
-
-
-
total
3 503
7 140
-
-
Dividends
13 179
26 860
-
-
withholding
3 690
7 521
-
-
total
3 690
7 521
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 967
14 661
17 111
15 157
After tax
19 033
19 339
16 889
18 843
Living cost
9 544
9 544
9 544
9 544
Free-cash
9 489
9 795
7 345
9 299

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴29500
₴24842
₴31302
₴29942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
2 948
-
34 000
-
income
589
-
6 800
-
total
589
-
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%.

31 052
34 000
-
-
total
-
-
-
-
Dividends
31 052
34 000
-
-
withholding
1 553
1 700
-
-
total
1 553
1 700
-
-
Income
34 000
34 000
34 000
34 000
Total tax
2 142
1 700
6 800
340
After tax
31 858
32 300
27 200
33 660
Living cost
2 358
2 358
2 358
2 358
Free-cash
29 500
29 942
24 842
31 302

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Ljubljana , Slovenia
₴12703
₴8299
₴9273
₴15248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 209
unemployment
-
-
-
51
income
-
-
-
6 960
health
-
-
-
3 346
total
-
-
-
16 566
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.

13 455
-
29 419
-
health
869
-
1 900
-
unemployment
19
-
41
-
pensions
2 086
-
4 560
-
income
2 320
-
6 458
-
total
5 294
-
12 959
-
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.

13 455
-
29 419
-
health
896
-
1 959
-
pensions
1 191
-
2 604
-
unemployment
8
-
18
-
total
2 095
-
4 581
-
Corporate
18 450
34 000
-
-
income
3 505
6 460
-
-
total
3 505
6 460
-
-
Dividends
14 945
27 540
-
-
withholding
2 242
4 131
-
-
total
2 242
4 131
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 136
10 591
17 540
16 566
After tax
20 864
23 409
16 460
17 434
Living cost
8 161
8 161
8 161
8 161
Free-cash
12 703
15 248
8 299
9 273

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴10511
₴13980
₴12370
₴9447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
32 600
-
social contributions
1 398
-
1 400
-
income
1 515
-
6 175
-
total
2 913
-
7 575
-
Employer
13 958
-
32 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
18 643
34 000
-
-
income
6 525
11 900
-
-
total
6 525
11 900
-
-
Dividends
12 118
22 100
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
34 000
34 000
34 000
34 000
Total tax
12 444
13 508
8 975
10 585
After tax
21 556
20 492
25 025
23 415
Living cost
11 045
11 045
11 045
11 045
Free-cash
10 511
9 447
13 980
12 370

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴14448
₴15257
₴15383
₴14290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 373
social contributions
-
-
-
4 692
total
-
-
-
12 165
Employee
10 317
-
34 000
-
health
720
-
2 373
-
income
1 721
-
5 226
-
social contributions
1 424
-
4 692
-
total
3 865
-
12 291
-
Employer
10 317
-
34 000
-
total
-
-
-
-
Corporate
23 683
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%.

1 184
1 700
-
-
total
1 184
1 700
-
-
Dividends
22 499
32 300
-
-
social contributions
3 105
4 458
-
-
withholding
3 375
4 845
-
-
health
1 571
2 255
-
-
total
8 051
11 558
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 100
13 258
12 291
12 165
After tax
20 900
20 742
21 709
21 835
Living cost
6 452
6 452
6 452
6 452
Free-cash
14 448
14 290
15 257
15 383

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴11854
₴8737
₴8043
₴14892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
9 928
solidarity contribution
-
-
-
-
total
-
-
-
17 440
Employee
12 525
-
25 373
-
health
1 691
-
3 425
-
solidarity contribution
-
-
-
-
income
1 503
-
3 045
-
social contributions
814
-
1 649
-
total
4 008
-
8 119
-
Employer
12 525
-
25 373
-
health
1 127
-
2 284
-
social contributions
3 131
-
6 343
-
total
4 258
-
8 627
-
Corporate
17 216
34 000
-
-
income
3 271
6 460
-
-
total
3 271
6 460
-
-
Dividends
13 945
27 540
-
-
withholding
2 092
4 131
-
-
total
2 092
4 131
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 629
10 591
16 746
17 440
After tax
20 371
23 409
17 254
16 560
Living cost
8 517
8 517
8 517
8 517
Free-cash
11 854
14 892
8 737
8 043

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴27936
₴23525
₴29985
₴28625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
4 594
-
34 000
-
income
919
-
6 800
-
total
919
-
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%.

29 406
34 000
-
-
total
-
-
-
-
Dividends
29 406
34 000
-
-
withholding
1 470
1 700
-
-
total
1 470
1 700
-
-
Income
34 000
34 000
34 000
34 000
Total tax
2 389
1 700
6 800
340
After tax
31 611
32 300
27 200
33 660
Living cost
3 675
3 675
3 675
3 675
Free-cash
27 936
28 625
23 525
29 985

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Paris , France
₴4531
₴6156
₴4782
₴2440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 744
other
-
-
-
1 054
health
-
-
-
826
social contributions
-
-
-
968
pensions
-
-
-
7 930
surtax
-
-
-
-
total
-
-
-
14 522
Employee
19 057
-
27 385
-
pensions
2 155
-
1 435
-
income
1 663
-
4 318
-
social contributions
543
-
780
-
surtax
-
-
-
-
total
4 361
-
6 533
-
Employer
19 057
-
27 385
-
health
1 334
-
1 979
-
social contributions
57
-
82
-
pensions
3 131
-
2 500
-
unemployment
772
-
1 109
-
other
658
-
945
-
total
5 952
-
6 615
-
Corporate
8 991
34 000
-
-
income
2 518
9 520
-
-
surtax
-
-
-
-
total
2 518
9 520
-
-
Dividends
6 474
24 480
-
-
social contributions
1 113
4 210
-
-
surtax
-
-
-
-
withholding
829
3 134
-
-
total
1 942
7 344
-
-
Income
34 000
34 000
34 000
34 000
Total tax
14 773
16 864
13 148
14 522
After tax
19 227
17 136
20 852
19 478
Living cost
14 696
14 696
14 696
14 696
Free-cash
4 531
2 440
6 156
4 782

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴17828
₴13184
₴13185
₴19319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
7 095
health
-
-
-
2 309
total
-
-
-
15 569
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.

7 911
-
29 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
7 095
-
total
2 664
-
11 557
-
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.

7 911
-
29 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
24 673
34 000
-
-
income
3 701
5 100
-
-
total
3 701
5 100
-
-
Dividends
20 972
28 900
-
-
withholding
3 146
4 335
-
-
total
3 146
4 335
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 926
9 435
15 570
15 569
After tax
23 074
24 565
18 430
18 431
Living cost
5 246
5 246
5 246
5 246
Free-cash
17 828
19 319
13 184
13 185

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴3709
₴5694
₴7375
-₴5142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 000
pensions
-
-
-
3 128
city
-
-
-
358
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
health
-
-
-
77
regional
-
-
-
1 360
national
-
-
-
333
total
-
-
-
5 936
Employee
24 212
-
30 432
-
health
55
-
69
-
unemployment
-
-
-
-
city
260
-
327
-
pensions
2 034
-
2 556
-
regional
793
-
1 172
-
national
115
-
260
-
total
3 257
-
4 384
-
Employer
24 212
-
30 432
-
health
55
-
69
-
pensions
2 034
-
2 556
-
unemployment
-
-
-
-
other

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

484
-
608
-
total
2 573
-
3 233
-
Corporate
6 949
34 000
-
-
regional
1 470
7 191
-
-
national
591
2 890
-
-
total
2 061
10 081
-
-
Dividends
4 889
23 919
-
-
withholding
1 711
8 372
-
-
total
1 711
8 372
-
-
Income
34 000
34 000
34 000
34 000
Total tax
9 602
18 453
7 617
5 936
After tax
24 398
15 547
26 383
28 064
Living cost
20 689
20 689
20 689
20 689
Free-cash
3 709
-5 142
5 694
7 375

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Helsinki , Finland
₴10361
₴7399
₴12062
₴10652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 048
health
-
-
-
397
national
-
-
-
3 811
total
-
-
-
10 256
Employee
16 008
-
28 602
-
health
120
-
314
-
unemployment
240
-
429
-
pensions
1 080
-
1 931
-
national
264
-
2 181
-
municipal
2 622
-
4 667
-
total
4 326
-
9 522
-
Employer
16 008
-
28 602
-
health
123
-
220
-
pensions
2 777
-
4 962
-
accident
16
-
29
-
unemployment
104
-
186
-
total
3 020
-
5 397
-
Corporate
14 971
34 000
-
-
income
2 994
6 800
-
-
total
2 994
6 800
-
-
Dividends

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

8 983
20 400
-
-
municipal
1 617
3 672
-
-
national
-
1 194
-
-
total
1 617
4 866
-
-
Income
34 000
34 000
34 000
34 000
Total tax
11 957
11 666
14 919
10 256
After tax
22 043
22 334
19 081
23 744
Living cost
11 682
11 682
11 682
11 682
Free-cash
10 361
10 652
7 399
12 062

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Brussels , Belgium
₴3398
₴1947
₴4445
₴7962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
1 711
social contributions
-
-
-
5 482
national
-
-
-
11 268
total
-
-
-
18 461
Employee

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

21 765
-
26 334
-
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.

1 023
-
1 237
-
communal

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

1 135
-
1 374
-
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.

189
-
229
-
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.

1 632
-
1 975
-
national
6 691
-
8 478
-
total
10 670
-
13 293
-
Employer

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

21 765
-
26 334
-
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.

1 338
-
1 620
-
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.

1 929
-
2 333
-
surtax
2 468
-
2 986
-
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.

283
-
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.

318
-
385
-
total
6 336
-
7 666
-
Corporate
5 900
34 000
-
-
income
1 180
6 800
-
-
surtax
24
136
-
-
total
1 204
6 936
-
-
Dividends
4 696
27 064
-
-
withholding

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

1 298
8 008
-
-
total
1 298
8 008
-
-
Income
34 000
34 000
34 000
34 000
Total tax
19 508
14 944
20 959
18 461
After tax
14 492
19 056
13 041
15 539
Living cost
11 094
11 094
11 094
11 094
Free-cash
3 398
7 962
1 947
4 445

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
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.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴5062
₴4951
₴4771
₴5359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
29
municipal
-
-
-
7 639
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
-
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
16 024
Employee
18 816
-
25 871
-
national
-
-
-
-
municipal
5 611
-
7 715
-
total
5 611
-
7 715
-
Employer
18 816
-
25 871
-
health
1 157
-
1 591
-
pensions
2 034
-
2 797
-
accident
38
-
52
-
unemployment
497
-
683
-
other
2 186
-
3 006
-
total
5 912
-
8 129
-
Corporate
9 272
34 000
-
-
income
2 040
7 480
-
-
total
2 040
7 480
-
-
Dividends
7 232
26 520
-
-
withholding
2 170
7 956
-
-
total
2 170
7 956
-
-
Income
34 000
34 000
34 000
34 000
Total tax
15 733
15 436
15 844
16 024
After tax
18 267
18 564
18 156
17 976
Living cost
13 205
13 205
13 205
13 205
Free-cash
5 062
5 359
4 951
4 771

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴16817
₴14811
₴8791
₴5980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
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
36 111
13 314
4 483
10 503
After tax
-2 111
20 686
29 517
23 497
Living cost
14 706
14 706
14 706
14 706
Free-cash
-16 817
5 980
14 811
8 791

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴13736
₴13728
₴14029
₴14998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 312
health
-
-
-
867
social contributions
-
-
-
4 923
total
-
-
-
10 102
Employee
23 397
23 397
30 867
-
health
233
398
525
-
income
2 457
2 166
4 183
-
social contributions
1 137
1 942
2 562
-
total
3 827
4 506
7 270
-
Employer
23 397
23 397
30 867
-
health
253
433
571
-
social contributions
1 137
1 942
2 562
-
total
1 390
2 375
3 133
-
Corporate
18 914
8 228
-
-
income
2 364
1 028
-
-
total
2 364
1 028
-
-
Dividends
16 550
7 200
-
-
withholding
2 814
1 224
-
-
total
2 814
1 224
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 395
9 133
10 403
10 102
After tax
23 605
24 867
23 597
23 898
Living cost
9 869
9 869
9 869
9 869
Free-cash
13 736
14 998
13 728
14 029

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴12891
₴9795
₴12960
₴13252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 826
pensions
-
-
-
2 290
total
-
-
-
10 116
Employee
14 994
-
29 866
-
health
196
-
501
-
pensions
1 144
-
2 929
-
income
2 731
-
5 717
-
total
4 071
-
9 147
-
Employer
14 994
-
29 866
-
health
285
-
567
-
pensions
1 515
-
3 567
-
total
1 800
-
4 134
-
Corporate
17 206
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.

3 269
6 460
-
-
total
3 269
6 460
-
-
Dividends
13 937
27 540
-
-
withholding
1 045
3 364
-
-
total
1 045
3 364
-
-
Income
34 000
34 000
34 000
34 000
Total tax
10 185
9 824
13 281
10 116
After tax
23 815
24 176
20 719
23 884
Living cost
10 924
10 924
10 924
10 924
Free-cash
12 891
13 252
9 795
12 960

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Rome , Italy
₴4404
₴3167
₴4723
₴5787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
712
social contributions
-
-
-
8 745
national
-
-
-
7 472
total
-
-
-
17 156
Employee
25 640
-
34 000
-
social contributions
8 646
-
11 465
-
regional
387
-
605
-
national
4 333
-
6 439
-
municipal
153
-
203
-
total
13 519
-
18 712
-
Employer
25 640
-
34 000
-
total
-
-
-
-
Corporate
8 360
34 000
-
-
nationa
2 006
8 160
-
-
municipal
403
1 639
-
-
total
2 409
9 799
-
-
Dividends
5 951
24 201
-
-
withholding
1 547
6 293
-
-
total
1 547
6 293
-
-
Income
34 000
34 000
34 000
34 000
Total tax
17 475
16 092
18 712
17 156
After tax
16 525
17 908
15 288
16 844
Living cost
12 121
12 121
12 121
12 121
Free-cash
4 404
5 787
3 167
4 723

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and 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
Gdansk , Poland
₴1758
₴11338
₴16810
-₴3744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 229
income
-
-
-
8 635
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
10 692
Employee
10 222
-
29 529
-
health
1 170
-
3 381
-
pensions
1 151
-
2 253
-
income
1 402
-
6 060
-
total
3 723
-
11 694
-
Employer
10 222
-
29 529
-
pensions
1 662
-
3 254
-
accident
171
-
493
-
unemployment
250
-
723
-
total
2 083
-
4 470
-
Corporate
21 695
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.

19 526
30 600
-
-
total
19 526
30 600
-
-
Dividends
2 170
3 400
-
-
withholding
412
646
-
-
total
412
646
-
-
Income
34 000
34 000
34 000
34 000
Total tax
25 744
31 246
16 164
10 692
After tax
8 256
2 754
17 836
23 308
Living cost
6 498
6 498
6 498
6 498
Free-cash
1 758
-3 744
11 338
16 810

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
₴9763
₴11966
₴9117
₴5783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 849
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.

-
-
-
7 780
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.

-
-
-
2 079
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.

-
-
-
428
total
-
-
-
13 136
Employee

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

15 139
-
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.

2 079
-
2 079
-
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.

1 245
-
7 780
-
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.

69
-
428
-
total
3 393
-
10 287
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 861
34 000
-
-
income
2 829
5 100
-
-
trade
2 706
4 879
-
-
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.

156
281
-
-
chamber of commerce
74
96
-
-
total
5 765
10 356
-
-
Dividends
13 095
23 644
-
-
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.

174
319
-
-
withholding
3 158
5 795
-
-
total
3 332
6 114
-
-
Income
34 000
34 000
34 000
34 000
Total tax
12 490
16 470
10 287
13 136
After tax
21 510
17 530
23 713
20 864
Living cost
11 747
11 747
11 747
11 747
Free-cash
9 763
5 783
11 966
9 117

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Riga , Latvia
₴18374
₴12794
₴11780
₴20870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 959
microenterprise
-
-
-
-
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
surtax
-
-
-
-
total
-
-
-
15 890
Employee
8 891
-
27 400
-
income
1 583
-
5 262
-
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.

978
-
3 014
-
surtax
-
-
-
-
total
2 561
-
8 276
-
Employer
8 891
-
27 400
-
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.

2 142
-
6 600
-
surtax
-
-
-
-
total
2 142
-
6 600
-
Corporate
22 967
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%.

4 593
6 800
-
-
total
4 593
6 800
-
-
Dividends

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

18 374
27 200
-
-
total
-
-
-
-
Income
34 000
34 000
34 000
34 000
Total tax
9 296
6 800
14 876
15 890
After tax
24 704
27 200
19 124
18 110
Living cost
6 330
6 330
6 330
6 330
Free-cash
18 374
20 870
12 794
11 780

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴16811
₴15825
₴16096
₴17433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 362
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
14 121
Employee
5 761
-
30 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
9 217
-
total
1 980
-
11 287
-
Employer
5 761
-
30 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
26 942
34 000
-
-
income
5 927
7 480
-
-
total
5 927
7 480
-
-
Dividends
21 015
26 520
-
-
withholding
4 203
5 304
-
-
total
4 203
5 304
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 406
12 784
14 392
14 121
After tax
20 594
21 216
19 608
19 879
Living cost
3 783
3 783
3 783
3 783
Free-cash
16 811
17 433
15 825
16 096

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴13584
₴9588
₴10146
₴14552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 800
unemployment
-
-
-
69
income
-
-
-
6 850
other
-
-
-
-
health
-
-
-
2 414
surtax
-
-
-
887
total
-
-
-
17 020
Employee
10 247
-
28 087
-
health
262
-
717
-
unemployment
713
-
1 955
-
pensions
684
-
1 874
-
income
1 718
-
6 321
-
other
-
-
-
-
surtax
36
-
799
-
total
3 413
-
11 666
-
Employer
10 247
-
28 087
-
health
466
-
1 278
-
pensions
1 366
-
3 744
-
unemployment
325
-
890
-
other
-
-
-
-
total
2 157
-
5 912
-
Corporate
21 596
34 000
-
-
income
5 615
8 840
-
-
total
5 615
8 840
-
-
Dividends
15 981
25 160
-
-
withholding
2 397
3 774
-
-
total
2 397
3 774
-
-
Income
34 000
34 000
34 000
34 000
Total tax
13 582
12 614
17 578
17 020
After tax
20 418
21 386
16 422
16 980
Living cost
6 834
6 834
6 834
6 834
Free-cash
13 584
14 552
9 588
10 146

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴9174
₴159
₴7275
₴9325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 290
chamber of commerce
-
-
-
136
unemployment
-
-
-
1 866
income
-
-
-
6 125