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
₴ 34500
per

Your estimated
City
free-cash

Dresden , Germany
₴1915
₴10410
₴7605
₴8742
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.

-
-
-
34 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 513
income

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

-
-
-
4 739
trade
-
-
-
1 668
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.

-
-
-
261
total
-
-
-
10 181
Employee

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

19 670
-
34 500
-
surtax

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

30
-
261
-
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.

549
-
4 739
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 513
-
3 513
-
total
4 092
-
8 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 830
34 500
-
-
trade
2 335
5 434
-
-
chamber of commerce
100
128
-
-
surtax

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

122
285
-
-
income
2 224
5 175
-
-
total
4 781
11 022
-
-
Dividends
10 049
23 478
-
-
withholding
2 317
5 674
-
-
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.

128
312
-
-
total
2 445
5 986
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 318
17 008
8 513
10 181
After tax
23 182
17 492
25 987
24 319
Living cost
15 577
15 577
15 577
15 577
Free-cash
7 605
1 915
10 410
8 742

Estimated living cost  is ₴15577 per week

₴9798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3671
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
-₴5705
-₴5524
-₴11547
-₴5795
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
-
-
-
34 500
social contributions
-
-
-
371
national
-
-
-
5 197
pensions
-
-
-
4 140
municipal
-
-
-
3 354
total
-
-
-
13 062
Employee
42 217
-
29 825
-
national
8 080
-
5 404
-
municipal
5 214
-
3 487
-
pensions
1 689
-
1 193
-
total
14 983
-
10 084
-
Employer
42 217
-
29 825
-
pensions
3 377
-
2 386
-
social contributions
454
-
321
-
total
3 831
-
2 707
-
Corporate
-
34 500
-
-
income

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

-
6 900
-
-
total
-
6 900
-
-
Dividends
-
27 600
-
-
withholding
-
6 072
-
-
total
-
6 072
-
-
Income
34 500
34 500
34 500
34 500
Total tax
18 814
12 972
12 791
13 062
After tax
15 686
21 528
21 709
21 438
Living cost
27 233
27 233
27 233
27 233
Free-cash
-11 547
-5 705
-5 524
-5 795

Estimated living cost  is ₴27233 per week

₴18510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴408
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.
₴5784
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
₴16901
₴8939
₴12682
₴17007
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.

-
-
-
34 500
microenterprise
-
-
-
5 175
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.

-
-
-
1 619
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
6 794
Employee
15 027
-
27 802
-
surtax
-
-
-
-
income
2 675
-
5 105
-
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.

1 653
-
3 059
-
total
4 328
-
8 164
-
Employer
15 027
-
27 802
-
surtax
-
-
-
-
social contributions

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

3 620
-
6 698
-
total
3 620
-
6 698
-
Corporate
15 853
34 500
-
-
income

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

3 171
6 900
-
-
total
3 171
6 900
-
-
Dividends

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

12 682
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 119
6 900
14 862
6 794
After tax
23 381
27 600
19 638
27 706
Living cost
10 699
10 699
10 699
10 699
Free-cash
12 682
16 901
8 939
17 007

Estimated living cost  is ₴10699 per week

₴6826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2612
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
-₴13682
-₴16569
-₴16569
-₴1866
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
-
-
-
34 500
health
-
-
-
5 197
income
-
-
-
3 600
pensions
-
-
-
6 025
total
-
-
-
14 822
Employee
43 917
43 917
43 917
-
income

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

7 188
7 188
7 188
-
pensions
7 905
6 025
7 905
-
health
6 741
5 734
6 741
-
total
21 834
18 947
21 834
-
Employer
43 917
43 917
43 917
-
unemployment
1 581
1 581
1 581
-
pensions
3 057
3 057
3 057
-
health
3 053
3 053
3 053
-
total
7 691
7 691
7 691
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
29 525
26 638
29 525
14 822
After tax
4 975
7 862
4 975
19 678
Living cost
21 544
21 544
21 544
21 544
Free-cash
-16 569
-13 682
-16 569
-1 866

Estimated living cost  is ₴21544 per week

₴15267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴343
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.
₴3992
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
-₴2629
-₴3042
-₴5696
-₴4267
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
-
-
-
34 500
health
-
-
-
2 153
national
-
-
-
-
pensions
-
-
-
3 729
unemployment
-
-
-
34
other
-
-
-
4 009
accident
-
-
-
69
municipal
-
-
-
7 307
total
-
-
-
17 301
Employee
30 587
-
26 252
-
national
-
-
-
-
municipal
9 121
-
7 828
-
total
9 121
-
7 828
-
Employer
30 587
-
26 252
-
unemployment
807
-
693
-
pensions
3 306
-
2 838
-
accident
61
-
53
-
other
3 554
-
3 050
-
health
1 881
-
1 614
-
total
9 609
-
8 248
-
Corporate
-
34 500
-
-
income
-
7 590
-
-
total
-
7 590
-
-
Dividends
-
26 910
-
-
withholding
-
8 073
-
-
total
-
8 073
-
-
Income
34 500
34 500
34 500
34 500
Total tax
18 730
15 663
16 076
17 301
After tax
15 770
18 837
18 424
17 199
Living cost
21 466
21 466
21 466
21 466
Free-cash
-5 696
-2 629
-3 042
-4 267

Estimated living cost  is ₴21466 per week

₴14227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4807
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
-₴2887
₴5784
₴4339
₴4042
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.

-
-
-
34 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 513
income

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

-
-
-
4 739
trade
-
-
-
1 742
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.

-
-
-
261
total
-
-
-
10 255
Employee

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

26 080
-
34 500
-
surtax

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

123
-
261
-
income

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

2 241
-
4 739
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 513
-
3 513
-
total
5 877
-
8 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 420
34 500
-
-
trade
1 385
5 675
-
-
chamber of commerce
90
127
-
-
surtax

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

69
285
-
-
income
1 263
5 175
-
-
total
2 807
11 262
-
-
Dividends
5 613
23 238
-
-
withholding
1 208
5 614
-
-
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.

66
308
-
-
total
1 274
5 922
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 958
17 184
8 513
10 255
After tax
24 542
17 316
25 987
24 245
Living cost
20 203
20 203
20 203
20 203
Free-cash
4 339
-2 887
5 784
4 042

Estimated living cost  is ₴20203 per week

₴13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4259
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
₴6191
₴7600
₴6538
₴9672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
health
-
-
-
879
social contributions
-
-
-
5 382
income
-
-
-
1 887
total
-
-
-
8 148
Employee
39 545
39 545
39 545
-
income
4 153
3 661
3 907
-
social contributions
1 922
3 282
2 600
-
health
393
672
533
-
total
6 468
7 615
7 040
-
Employer
39 545
39 545
39 545
-
social contributions
1 922
3 282
2 600
-
health
428
732
580
-
total
2 350
4 014
3 180
-
Corporate
9 002
-
-
-
income
1 125
-
-
-
total
1 125
-
-
-
Dividends
7 877
-
-
-
withholding
1 339
-
-
-
total
1 339
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 282
11 629
10 220
8 148
After tax
23 218
22 871
24 280
26 352
Living cost
16 680
16 680
16 680
16 680
Free-cash
6 538
6 191
7 600
9 672

Estimated living cost  is ₴16680 per week

₴11403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3695
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
₴10134
₴10638
₴10332
₴14538
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
-
-
-
34 500
health
-
-
-
2 415
income
-
-
-
4 218
pensions
-
-
-
3 450
unemployment
-
-
-
517
total
-
-
-
10 600
Employee

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

The minimum wage is 138,000 HUF per month.

13 515
5 379
28 870
-
unemployment
203
81
433
-
income
1 652
658
3 529
-
pensions
1 351
538
2 887
-
health
946
377
2 021
-
total
4 152
1 654
8 870
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 515
5 379
28 870
-
pensions
2 635
1 049
5 630
-
total
2 635
1 049
5 630
-
Corporate
18 350
28 072
-
-
income
1 651
2 527
-
-
total
1 651
2 527
-
-
Dividends
16 698
25 546
-
-
withholding
3 173
4 854
-
-
social contributions
3 195
4 920
-
-
total
6 368
9 774
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 806
15 004
14 500
10 600
After tax
19 694
19 496
20 000
23 900
Living cost
9 362
9 362
9 362
9 362
Free-cash
10 332
10 134
10 638
14 538

Estimated living cost  is ₴9362 per week

₴6389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴15178
₴7464
₴11984
₴6234
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
-
-
-
34 500
health
-
-
-
4 485
income
-
-
-
4 459
pensions
-
-
-
6 900
total
-
-
-
15 844
Employee
14 589
-
25 785
-
unemployment
233
-
413
-
income
1 642
-
4 971
-
pensions
292
-
515
-
total
2 167
-
5 899
-
Employer
14 589
-
25 785
-
unemployment
117
-
206
-
pensions
2 918
-
5 157
-
health
1 896
-
3 352
-
total
4 931
-
8 715
-
Corporate
14 980
34 500
-
-
income
2 996
6 900
-
-
total
2 996
6 900
-
-
Dividends
11 983
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 094
6 900
14 614
15 844
After tax
24 406
27 600
19 886
18 656
Living cost
12 422
12 422
12 422
12 422
Free-cash
11 984
15 178
7 464
6 234

Estimated living cost  is ₴12422 per week

₴8520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴740
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.
₴2912
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
-₴8589
₴6458
₴1048
₴12405
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
-
-
-
34 500
health
-
-
-
1 128
income
-
-
-
7 108
pensions
-
-
-
2 153
other
-
-
-
192
accident
-
-
-
131
total
-
-
-
10 712
Employee
17 906
-
28 659
-
income
2 456
-
4 309
-
pensions
2 016
-
3 227
-
health
2 050
-
3 282
-
total
6 522
-
10 818
-
Employer
17 906
-
28 659
-
unemployment
439
-
702
-
pensions
2 912
-
4 660
-
accident
299
-
479
-
total
3 650
-
5 841
-
Corporate
12 945
34 500
-
-
income

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

11 651
31 050
-
-
total
11 651
31 050
-
-
Dividends
1 294
3 450
-
-
withholding
246
656
-
-
total
246
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 069
31 706
16 659
10 712
After tax
12 431
2 794
17 841
23 788
Living cost
11 383
11 383
11 383
11 383
Free-cash
1 048
-8 589
6 458
12 405

Estimated living cost  is ₴11383 per week

₴8343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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

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
₴28510
₴23335
₴27711
₴29890
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%.

-
-
-
34 500
microenterprise

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

-
-
-
345
total
-
-
-
345
Employee
5 331
-
34 500
-
income
1 066
-
6 900
-
total
1 066
-
6 900
-
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%.

29 169
34 500
-
-
total
-
-
-
-
Dividends
29 169
34 500
-
-
withholding
1 458
1 725
-
-
total
1 458
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 524
1 725
6 900
345
After tax
31 976
32 775
27 600
34 155
Living cost
4 265
4 265
4 265
4 265
Free-cash
27 711
28 510
23 335
29 890

Estimated living cost  is ₴4265 per week

₴2643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴11644
₴6522
₴8171
₴4978
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
-
-
-
34 500
health
-
-
-
1 518
income
-
-
-
4 382
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.

-
-
-
8 280
other
-
-
-
1 639
total
-
-
-
15 819
Employee
18 673
-
27 556
-
unemployment
186
-
275
-
income
3 215
-
4 744
-
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.

1 307
-
1 928
-
health
262
-
385
-
total
4 970
-
7 332
-
Employer
18 673
-
27 556
-
unemployment
186
-
275
-
pensions

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

3 175
-
4 684
-
accident
149
-
221
-
other
934
-
1 378
-
health
262
-
385
-
total
4 706
-
6 943
-
Corporate
11 121
34 500
-
-
income
2 335
7 245
-
-
total
2 335
7 245
-
-
Dividends
8 786
27 255
-
-
withholding
615
1 908
-
-
total
615
1 908
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 626
9 153
14 275
15 819
After tax
21 874
25 347
20 225
18 681
Living cost
13 703
13 703
13 703
13 703
Free-cash
8 171
11 644
6 522
4 978

Estimated living cost  is ₴13703 per week

₴9682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
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.
₴2875
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
-₴8460
-₴12162
-₴20695
-₴8507
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
-
-
-
34 500
income
-
-
-
6 450
pensions
-
-
-
2 248
total
-
-
-
8 698
Employee
48 542
-
30 654
-
income
8 750
-
5 537
-
pensions
4 683
-
2 536
-
health
800
-
434
-
total
14 233
-
8 507
-
Employer
48 542
-
30 654
-
pensions
5 731
-
3 263
-
health
922
-
583
-
total
6 653
-
3 846
-
Corporate
-
34 500
-
-
income

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

-
6 555
-
-
total
-
6 555
-
-
Dividends
-
27 945
-
-
withholding
-
2 096
-
-
total
-
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
20 886
8 651
12 353
8 698
After tax
13 614
25 849
22 147
25 802
Living cost
34 309
34 309
34 309
34 309
Free-cash
-20 695
-8 460
-12 162
-8 507

Estimated living cost  is ₴34309 per week

₴25708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴4291
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
₴22771
₴18563
₴20387
₴17812
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
-
-
-
34 500
health
-
-
-
2 061
income
-
-
-
5 175
pensions

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

-
-
-
2 653
unemployment
-
-
-
72
total
-
-
-
9 961
Employee
8 908
-
30 984
-
income
891
-
3 098
-
accident

We are using the highest rate at 1.1%.

98
-
197
-
pensions

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

782
-
1 574
-
health
410
-
824
-
total
2 181
-
5 693
-
Employer
8 908
-
30 984
-
unemployment
53
-
108
-
pensions

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

982
-
1 975
-
accident

We are using the highest rate at 1.1%.

98
-
197
-
health
615
-
1 237
-
total
1 748
-
3 517
-
Corporate
23 844
34 500
-
-
income
2 384
3 450
-
-
total
2 384
3 450
-
-
Dividends
21 460
31 050
-
-
withholding
1 073
1 552
-
-
total
1 073
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 386
5 002
9 210
9 961
After tax
27 114
29 498
25 290
24 539
Living cost
6 727
6 727
6 727
6 727
Free-cash
20 387
22 771
18 563
17 812

Estimated living cost  is ₴6727 per week

₴3928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴2141
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
-₴20655
-₴23542
-₴21526
-₴8839
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
-
-
-
34 500
health
-
-
-
5 197
income
-
-
-
3 600
pensions
-
-
-
6 025
total
-
-
-
14 822
Employee
47 680
43 917
43 917
-
income

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

7 188
7 188
7 188
-
pensions
6 025
6 025
7 905
-
health
5 948
5 734
6 741
-
total
19 161
18 947
21 834
-
Employer
47 680
43 917
43 917
-
unemployment
1 717
1 581
1 581
-
pensions
3 318
3 057
3 057
-
health
3 313
3 053
3 053
-
total
8 348
7 691
7 691
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
27 509
26 638
29 525
14 822
After tax
6 991
7 862
4 975
19 678
Living cost
28 517
28 517
28 517
28 517
Free-cash
-21 526
-20 655
-23 542
-8 839

Estimated living cost  is ₴28517 per week

₴21036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴4607
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
₴11065
₴4818
₴6539
₴4116
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
-
-
-
34 500
health
-
-
-
4 657
social contributions
-
-
-
10 074
income
-
-
-
2 965
solidarity contribution
-
-
-
-
total
-
-
-
17 696
Employee
18 659
-
25 746
-
income
2 239
-
3 090
-
solidarity contribution
-
-
-
-
social contributions
1 213
-
1 674
-
health
2 519
-
3 476
-
total
5 971
-
8 240
-
Employer
18 659
-
25 746
-
social contributions
4 665
-
6 437
-
health
1 679
-
2 317
-
total
6 344
-
8 754
-
Corporate
9 496
34 500
-
-
income
1 804
6 555
-
-
total
1 804
6 555
-
-
Dividends
7 692
27 945
-
-
withholding
1 154
4 192
-
-
total
1 154
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 273
10 747
16 994
17 696
After tax
19 227
23 753
17 506
16 804
Living cost
12 688
12 688
12 688
12 688
Free-cash
6 539
11 065
4 818
4 116

Estimated living cost  is ₴12688 per week

₴8814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴903
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.
₴2723
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
-₴3293
-₴4913
-₴11205
-₴2966
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
-
-
-
34 500
social contributions
-
-
-
8 873
national
-
-
-
6 334
regional
-
-
-
354
municipal
-
-
-
205
total
-
-
-
15 766
Employee
45 705
-
34 500
-
regional
431
-
310
-
national
7 920
-
5 588
-
municipal
242
-
182
-
social contributions
15 412
-
11 633
-
total
24 005
-
17 713
-
Employer
45 705
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
nationa
-
8 280
-
-
municipal
-
1 346
-
-
total
-
9 626
-
-
Dividends
-
24 874
-
-
withholding
-
6 467
-
-
total
-
6 467
-
-
Income
34 500
34 500
34 500
34 500
Total tax
24 005
16 093
17 713
15 766
After tax
10 495
18 407
16 787
18 734
Living cost
21 700
21 700
21 700
21 700
Free-cash
-11 205
-3 293
-4 913
-2 966

Estimated living cost  is ₴21700 per week

₴15127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4817
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
₴10352
₴6980
₴8751
₴7734
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
-
-
-
34 500
health
-
-
-
2 450
income
-
-
-
5 503
pensions
-
-
-
6 900
unemployment
-
-
-
117
other
-
-
-
-
surtax
-
-
-
448
total
-
-
-
15 418
Employee
17 007
-
28 500
-
surtax
56
-
390
-
unemployment
1 184
-
1 984
-
income
2 851
-
5 170
-
pensions
1 134
-
1 901
-
health
434
-
727
-
other
-
-
-
-
total
5 659
-
10 172
-
Employer
17 007
-
28 500
-
unemployment
539
-
904
-
pensions
2 267
-
3 799
-
other
-
-
-
-
health
774
-
1 297
-
total
3 580
-
6 000
-
Corporate
13 914
34 500
-
-
income
3 618
8 970
-
-
total
3 618
8 970
-
-
Dividends
10 296
25 530
-
-
withholding
1 544
3 830
-
-
total
1 544
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 401
12 800
16 172
15 418
After tax
20 099
21 700
18 328
19 082
Living cost
11 348
11 348
11 348
11 348
Free-cash
8 751
10 352
6 980
7 734

Estimated living cost  is ₴11348 per week

₴6939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3101
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
₴2410
-₴1292
-₴2171
₴2363
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
-
-
-
34 500
income
-
-
-
6 450
pensions
-
-
-
2 248
total
-
-
-
8 698
Employee
32 531
-
30 654
-
income
5 859
-
5 537
-
pensions
2 761
-
2 536
-
health
472
-
434
-
total
9 092
-
8 507
-
Employer
32 531
-
30 654
-
pensions
3 522
-
3 263
-
health
618
-
583
-
total
4 140
-
3 846
-
Corporate
-
34 500
-
-
income

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

-
6 555
-
-
total
-
6 555
-
-
Dividends
-
27 945
-
-
withholding
-
2 096
-
-
total
-
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 232
8 651
12 353
8 698
After tax
21 268
25 849
22 147
25 802
Living cost
23 439
23 439
23 439
23 439
Free-cash
-2 171
2 410
-1 292
2 363

Estimated living cost  is ₴23439 per week

₴17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1757
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.
₴3876
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
-₴25919
-₴14272
-₴18943
-₴12508
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
-
-
-
34 500
health
-
-
-
136
national
-
-
-
116
pensions
-
-
-
3 174
regional
-
-
-
833
city
-
-
-
363
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.

-
-
-
690
total
-
-
-
5 312
Employee
48 795
-
30 879
-
regional
1 598
-
703
-
national
231
-
95
-
unemployment
-
-
-
-
pensions
4 099
-
2 594
-
health
110
-
70
-
city
524
-
332
-
total
6 562
-
3 794
-
Employer
48 795
-
30 879
-
unemployment
-
-
-
-
pensions
4 099
-
2 594
-
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.

976
-
618
-
health
110
-
70
-
total
5 185
-
3 282
-
Corporate
-
34 500
-
-
national
-
2 932
-
-
regional
-
7 297
-
-
total
-
10 229
-
-
Dividends
-
24 271
-
-
withholding
-
8 494
-
-
total
-
8 494
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 747
18 723
7 076
5 312
After tax
22 753
15 777
27 424
29 188
Living cost
41 696
41 696
41 696
41 696
Free-cash
-18 943
-25 919
-14 272
-12 508

Estimated living cost  is ₴41696 per week

₴27114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴512
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.
₴10328
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
-₴6421
₴2428
₴1920
₴612
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.

-
-
-
34 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 513
income

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

-
-
-
4 739
trade
-
-
-
1 816
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.

-
-
-
261
total
-
-
-
10 329
Employee

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

30 907
-
34 500
-
surtax

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

200
-
261
-
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.

3 634
-
4 739
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 513
-
3 513
-
total
7 347
-
8 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 593
34 500
-
-
trade
616
5 917
-
-
chamber of commerce
83
127
-
-
surtax

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

29
285
-
-
income
539
5 175
-
-
total
1 267
11 504
-
-
Dividends
2 326
22 996
-
-
withholding
386
5 553
-
-
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.

21
305
-
-
total
407
5 858
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 021
17 362
8 513
10 329
After tax
25 479
17 138
25 987
24 171
Living cost
23 559
23 559
23 559
23 559
Free-cash
1 920
-6 421
2 428
612

Estimated living cost  is ₴23559 per week

₴17207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4162
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
-₴208
₴3155
₴2831
₴2966
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
-
-
-
34 500
health
-
-
-
298
social contributions
-
-
-
984
income
-
-
-
1 792
pensions
-
-
-
9 795
other
-
-
-
1 070
surtax
-
-
-
-
total
-
-
-
13 939
Employee
22 010
-
26 290
-
surtax
-
-
-
-
income
1 299
-
1 816
-
social contributions
628
-
749
-
pensions
2 489
-
2 975
-
total
4 416
-
5 540
-
Employer
22 010
-
26 290
-
unemployment
891
-
1 065
-
pensions
3 616
-
4 318
-
social contributions
66
-
79
-
other
759
-
907
-
health
1 541
-
1 841
-
total
6 873
-
8 210
-
Corporate
5 616
34 500
-
-
surtax
-
-
-
-
income
1 572
9 660
-
-
total
1 572
9 660
-
-
Dividends
4 044
24 840
-
-
withholding
517
3 180
-
-
surtax
-
-
-
-
social contributions
696
4 273
-
-
total
1 213
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 074
17 113
13 750
13 939
After tax
20 426
17 387
20 750
20 561
Living cost
17 595
17 595
17 595
17 595
Free-cash
2 831
-208
3 155
2 966

Estimated living cost  is ₴17595 per week

₴11094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4771
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
₴1535
₴4898
₴4395
₴4709
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
-
-
-
34 500
health
-
-
-
298
social contributions
-
-
-
984
income
-
-
-
1 792
pensions
-
-
-
9 795
other
-
-
-
1 070
surtax
-
-
-
-
total
-
-
-
13 939
Employee
19 647
-
26 290
-
surtax
-
-
-
-
income
1 013
-
1 816
-
social contributions
560
-
749
-
pensions
2 222
-
2 975
-
total
3 795
-
5 540
-
Employer
19 647
-
26 290
-
unemployment
795
-
1 065
-
pensions
3 228
-
4 318
-
social contributions
59
-
79
-
other
678
-
907
-
health
1 375
-
1 841
-
total
6 135
-
8 210
-
Corporate
8 717
34 500
-
-
surtax
-
-
-
-
income
2 441
9 660
-
-
total
2 441
9 660
-
-
Dividends
6 276
24 840
-
-
withholding
803
3 180
-
-
surtax
-
-
-
-
social contributions
1 079
4 273
-
-
total
1 882
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 253
17 113
13 750
13 939
After tax
20 247
17 387
20 750
20 561
Living cost
15 852
15 852
15 852
15 852
Free-cash
4 395
1 535
4 898
4 709

Estimated living cost  is ₴15852 per week

₴9193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4748
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
₴10144
₴9593
₴10411
₴11251
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
-
-
-
34 500
health
-
-
-
2 408
social contributions
-
-
-
4 761
income
-
-
-
5 175
total
-
-
-
12 344
Employee
17 437
-
34 500
-
income
2 908
-
6 833
-
social contributions
2 407
-
4 761
-
health
1 217
-
2 408
-
total
6 532
-
14 002
-
Employer
17 437
-
34 500
-
total
-
-
-
-
Corporate
17 063
34 500
-
-
income

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

853
1 725
-
-
total
853
1 725
-
-
Dividends
16 210
32 775
-
-
withholding
2 431
4 916
-
-
social contributions
2 237
4 522
-
-
health
1 131
2 288
-
-
total
5 799
11 726
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 184
13 451
14 002
12 344
After tax
21 316
21 049
20 498
22 156
Living cost
10 905
10 905
10 905
10 905
Free-cash
10 411
10 144
9 593
11 251

Estimated living cost  is ₴10905 per week

₴7298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴672
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.
₴2683
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
₴1503
-₴5651
₴592
₴591
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
-
-
-
34 500
health
-
-
-
2 639
chamber of commerce
-
-
-
138
income
-
-
-
3 373
pensions
-
-
-
6 383
unemployment
-
-
-
3 154
surtax
-
-
-
101
total
-
-
-
15 788
Employee
25 701
20 494
26 711
-
unemployment
771
615
801
-
income
2 926
1 512
3 216
-
pensions
2 632
2 098
2 736
-
health
994
793
1 034
-
other
257
205
267
-
total
7 580
5 223
8 054
-
Employer
25 701
20 494
26 711
-
chamber of commerce
102
82
106
-
surtax
101
101
101
-
payroll
771
615
801
-
unemployment
771
615
801
-
pensions
3 225
2 573
3 352
-
accident
334
266
347
-
other
1 221
973
1 269
-
health
971
775
1 010
-
total
7 496
6 000
7 787
-
Corporate
1 952
8 005
24 759
-
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.

488
2 002
6 189
-
total
488
2 002
6 189
-
Dividends
814
6 004
-
-
withholding
223
1 651
-
-
total
223
1 651
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 787
14 876
22 030
15 788
After tax
18 713
19 624
12 470
18 712
Living cost
18 121
18 121
18 121
18 121
Free-cash
592
1 503
-5 651
591

Estimated living cost  is ₴18121 per week

₴12086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4192
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
₴660
-₴4285
-₴12995
-₴954
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
-
-
-
34 500
communal

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

-
-
-
1 802
social contributions
-
-
-
4 468
national
-
-
-
10 433
total
-
-
-
16 703
Employee

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

36 786
-
26 720
-
national
11 310
-
7 372
-
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.

320
-
232
-
communal

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

1 919
-
1 394
-
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.

2 759
-
2 004
-
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.

1 728
-
1 256
-
total
18 036
-
12 258
-
Employer

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

36 786
-
26 720
-
surtax
4 171
-
3 029
-
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.

537
-
390
-
pensions

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

3 260
-
2 368
-
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.

478
-
347
-
health

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

2 262
-
1 642
-
total
10 708
-
7 776
-
Corporate
-
34 500
-
-
surtax
-
138
-
-
income
-
6 900
-
-
total
-
7 038
-
-
Dividends
-
27 463
-
-
withholding

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

-
8 051
-
-
total
-
8 051
-
-
Income
34 500
34 500
34 500
34 500
Total tax
28 744
15 089
20 034
16 703
After tax
5 756
19 411
14 466
17 797
Living cost
18 751
18 751
18 751
18 751
Free-cash
-12 995
660
-4 285
-954

Estimated living cost  is ₴18751 per week

₴12078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4740
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
₴4711
₴366
₴510
₴124
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
-
-
-
34 500
income
-
-
-
5 455
pensions
-
-
-
9 763
unemployment
-
-
-
241
other
-
-
-
34
accident
-
-
-
310
total
-
-
-
15 803
Employee
25 599
-
26 160
-
unemployment
397
-
405
-
income
5 401
-
5 559
-
pensions
1 203
-
1 230
-
other
25
-
26
-
total
7 026
-
7 220
-
Employer
25 599
-
26 160
-
unemployment
1 408
-
1 439
-
pensions
6 041
-
6 174
-
accident
507
-
518
-
other
204
-
210
-
total
8 160
-
8 341
-
Corporate
741
34 500
-
-
income

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

111
5 175
-
-
total
111
5 175
-
-
Dividends
630
29 325
-
-
withholding
120
6 041
-
-
total
120
6 041
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 417
11 216
15 561
15 803
After tax
19 083
23 284
18 939
18 697
Living cost
18 573
18 573
18 573
18 573
Free-cash
510
4 711
366
124

Estimated living cost  is ₴18573 per week

₴13677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3310
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
-₴6432
-₴4910
-₴9098
-₴5569
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
-
-
-
34 500
health
-
-
-
2 588
communal
-
-
-
-
income
-
-
-
1 877
pensions
-
-
-
5 520
surtax
-
-
-
1 826
accident
-
-
-
310
total
-
-
-
12 121
Employee
38 945
-
30 818
-
surtax
2 387
-
1 888
-
income
3 762
-
2 056
-
pensions
3 115
-
2 465
-
health
1 733
-
1 371
-
total
10 997
-
7 780
-
Employer
38 945
-
30 818
-
pensions
3 115
-
2 465
-
accident
350
-
277
-
health
1 188
-
940
-
total
4 653
-
3 682
-
Corporate
-
34 500
-
-
surtax
-
362
-
-
income
-
5 175
-
-
communal
-
2 329
-
-
total
-
7 866
-
-
Dividends
-
26 634
-
-
withholding
-
3 995
-
-
income
-
1 123
-
-
total
-
5 118
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 650
12 984
11 462
12 121
After tax
18 850
21 516
23 038
22 379
Living cost
27 948
27 948
27 948
27 948
Free-cash
-9 098
-6 432
-4 910
-5 569

Estimated living cost  is ₴27948 per week

₴20965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4993
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
₴10149
₴6777
₴8516
₴7531
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
-
-
-
34 500
health
-
-
-
2 450
income
-
-
-
5 503
pensions
-
-
-
6 900
unemployment
-
-
-
117
other
-
-
-
-
surtax
-
-
-
448
total
-
-
-
15 418
Employee
17 319
-
28 500
-
surtax
61
-
390
-
unemployment
1 205
-
1 984
-
income
2 903
-
5 170
-
pensions
1 155
-
1 901
-
health
442
-
727
-
other
-
-
-
-
total
5 766
-
10 172
-
Employer
17 319
-
28 500
-
unemployment
549
-
904
-
pensions
2 309
-
3 799
-
other
-
-
-
-
health
788
-
1 297
-
total
3 646
-
6 000
-
Corporate
13 535
34 500
-
-
income
3 519
8 970
-
-
total
3 519
8 970
-
-
Dividends
10 016
25 530
-
-
withholding
1 502
3 830
-
-
total
1 502
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 433
12 800
16 172
15 418
After tax
20 067
21 700
18 328
19 082
Living cost
11 551
11 551
11 551
11 551
Free-cash
8 516
10 149
6 777
7 531

Estimated living cost  is ₴11551 per week

₴6974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3305
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
₴4280
₴2780
₴3138
₴4714
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
-
-
-
34 500
social contributions
-
-
-
8 873
national
-
-
-
6 334
regional
-
-
-
521
municipal
-
-
-
205
total
-
-
-
15 933
Employee
28 527
-
34 500
-
regional
384
-
464
-
national
4 520
-
5 588
-
municipal
151
-
182
-
social contributions
9 620
-
11 633
-
total
14 675
-
17 867
-
Employer
28 527
-
34 500
-
total
-
-
-
-
Corporate
5 973
34 500
-
-
nationa
1 434
8 280
-
-
municipal
297
1 715
-
-
total
1 731
9 995
-
-
Dividends
4 242
24 506
-
-
withholding
1 103
6 372
-
-
total
1 103
6 372
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 509
16 367
17 867
15 933
After tax
16 991
18 133
16 633
18 567
Living cost
13 853
13 853
13 853
13 853
Free-cash
3 138
4 280
2 780
4 714

Estimated living cost  is ₴13853 per week

₴8615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1403
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.
₴3597
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
₴8118
₴1871
₴2541
₴1169
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
-
-
-
34 500
health
-
-
-
4 657
social contributions
-
-
-
10 074
income
-
-
-
2 965
solidarity contribution
-
-
-
-
total
-
-
-
17 696
Employee
22 993
-
25 746
-
income
2 759
-
3 090
-
solidarity contribution
-
-
-
-
social contributions
1 495
-
1 674
-
health
3 104
-
3 476
-
total
7 358
-
8 240
-
Employer
22 993
-
25 746
-
social contributions
5 748
-
6 437
-
health
2 069
-
2 317
-
total
7 817
-
8 754
-
Corporate
3 689
34 500
-
-
income
701
6 555
-
-
total
701
6 555
-
-
Dividends
2 988
27 945
-
-
withholding
448
4 192
-
-
total
448
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 324
10 747
16 994
17 696
After tax
18 176
23 753
17 506
16 804
Living cost
15 635
15 635
15 635
15 635
Free-cash
2 541
8 118
1 871
1 169

Estimated living cost  is ₴15635 per week

₴11628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴2871
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
₴3272
-₴3913
₴3018
₴2406
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
-
-
-
34 500
health
-
-
-
2 639
chamber of commerce
-
-
-
138
income
-
-
-
3 373
pensions
-
-
-
6 383
unemployment
-
-
-
3 154
surtax
-
-
-
-
total
-
-
-
15 687
Employee
22 480
20 494
26 788
-
unemployment
674
615
803
-
income
2 003
1 512
3 238
-
pensions
2 302
2 098
2 743
-
health
870
793
1 036
-
other
224
205
267
-
total
6 073
5 223
8 087
-
Employer
22 480
20 494
26 788
-
chamber of commerce
90
82
107
-
surtax
-
-
-
-
payroll
674
615
803
-
unemployment
674
615
803
-
pensions
2 821
2 573
3 362
-
accident
292
266
348
-
other
1 068
973
1 273
-
health
850
775
1 013
-
total
6 469
5 899
7 709
-
Corporate
5 550
8 107
24 838
-
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.

1 388
2 027
6 210
-
total
1 388
2 027
6 210
-
Dividends
4 162
6 080
-
-
withholding
1 145
1 672
-
-
total
1 145
1 672
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 075
14 821
22 006
15 687
After tax
19 425
19 679
12 494
18 813
Living cost
16 407
16 407
16 407
16 407
Free-cash
3 018
3 272
-3 913
2 406

Estimated living cost  is ₴16407 per week

₴9842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4597
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
₴26129
₴20954
₴24882
₴27509
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%.

-
-
-
34 500
microenterprise

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

-
-
-
345
total
-
-
-
345
Employee
8 307
-
34 500
-
income
1 662
-
6 900
-
total
1 662
-
6 900
-
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%.

26 193
34 500
-
-
total
-
-
-
-
Dividends
26 193
34 500
-
-
withholding
1 310
1 725
-
-
total
1 310
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 972
1 725
6 900
345
After tax
31 528
32 775
27 600
34 155
Living cost
6 646
6 646
6 646
6 646
Free-cash
24 882
26 129
20 954
27 509

Estimated living cost  is ₴6646 per week

₴4497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴9959
₴3808
₴5658
₴4797
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.

-
-
-
34 500
health
-
-
-
3 395
income
-
-
-
6 161
pensions
-
-
-
6 301
unemployment
-
-
-
52
total
-
-
-
15 909
Employee

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

22 741
-
29 852
-
unemployment
32
-
42
-
income
3 922
-
5 652
-
pensions
3 525
-
4 627
-
health
1 469
-
1 928
-
total
8 948
-
12 249
-
Employer

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

22 741
-
29 852
-
unemployment
14
-
18
-
pensions
2 012
-
2 642
-
health
1 515
-
1 989
-
total
3 541
-
4 649
-
Corporate
8 218
34 500
-
-
income
1 561
6 555
-
-
total
1 561
6 555
-
-
Dividends
6 657
27 945
-
-
withholding
998
4 192
-
-
total
998
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 048
10 747
16 898
15 909
After tax
19 452
23 753
17 602
18 591
Living cost
13 794
13 794
13 794
13 794
Free-cash
5 658
9 959
3 808
4 797

Estimated living cost  is ₴13794 per week

₴9467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3177
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
-₴2737
₴3539
-₴47490
₴115
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
-
-
-
34 500
social contributions
-
-
-
3 933
income
-
-
-
6 725
total
-
-
-
10 658
Employee
34 021
-
-
-
income
7 504
-
-
-
social contributions
2 790
-
398
-
total
10 294
-
398
-
Employer
34 021
-
-
-
social contributions
47 969
-
6 836
-
total
47 969
-
6 836
-
Corporate
-
34 500
-
-
income
-
7 590
-
-
total
-
7 590
-
-
Dividends
-
26 910
-
-
income
-
5 920
-
-
total
-
5 920
-
-
Income
34 500
34 500
34 500
34 500
Total tax
58 263
13 510
7 234
10 658
After tax
-23 763
20 990
27 266
23 842
Living cost
23 727
23 727
23 727
23 727
Free-cash
-47 490
-2 737
3 539
115

Estimated living cost  is ₴23727 per week

₴15395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴5798
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
₴3492
₴2437
₴2975
₴3586
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.

-
-
-
34 500
social contributions

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

-
-
-
11 988
income
-
-
-
2 795
surtax
-
-
-
-
total
-
-
-
14 783
Employee
23 653
-
27 878
-
surtax
-
-
-
-
income
4 920
-
6 245
-
social contributions
2 602
-
3 066
-
total
7 522
-
9 311
-
Employer
23 653
-
27 878
-
social contributions
5 617
-
6 621
-
total
5 617
-
6 621
-
Corporate
5 230
34 500
-
-
surtax
-
-
-
-
income
1 098
7 245
-
-
total
1 098
7 245
-
-
Dividends
4 132
27 255
-
-
withholding
1 157
7 632
-
-
total
1 157
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 394
14 877
15 932
14 783
After tax
19 106
19 623
18 568
19 717
Living cost
16 131
16 131
16 131
16 131
Free-cash
2 975
3 492
2 437
3 586

Estimated living cost  is ₴16131 per week

₴12069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴7452
-₴4089
-₴7769
-₴4278
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
-
-
-
34 500
health
-
-
-
298
social contributions
-
-
-
984
income
-
-
-
1 792
pensions
-
-
-
9 795
other
-
-
-
1 070
surtax
-
-
-
-
total
-
-
-
13 939
Employee
32 210
-
26 290
-
surtax
-
-
-
-
income
2 810
-
1 816
-
social contributions
917
-
749
-
pensions
3 643
-
2 975
-
total
7 370
-
5 540
-
Employer
32 210
-
26 290
-
unemployment
1 305
-
1 065
-
pensions
5 292
-
4 318
-
social contributions
97
-
79
-
other
1 112
-
907
-
health
2 254
-
1 841
-
total
10 060
-
8 210
-
Corporate
-
34 500
-
-
surtax
-
-
-
-
income
-
9 660
-
-
total
-
9 660
-
-
Dividends
-
24 840
-
-
withholding
-
3 180
-
-
surtax
-
-
-
-
social contributions
-
4 273
-
-
total
-
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 430
17 113
13 750
13 939
After tax
17 070
17 387
20 750
20 561
Living cost
24 839
24 839
24 839
24 839
Free-cash
-7 769
-7 452
-4 089
-4 278

Estimated living cost  is ₴24839 per week

₴16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴15591
₴12245
₴13864
₴11276
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
-
-
-
34 500
income
-
-
-
175
social contributions
-
-
-
7 590
total
-
-
-
7 765
Employee
16 533
-
29 870
-
social contributions
1 074
-
1 941
-
income
-
-
225
-
total
1 074
-
2 166
-
Employer
16 533
-
29 870
-
social contributions
2 563
-
4 630
-
total
2 563
-
4 630
-
Corporate
15 404
34 500
-
-
income
1 540
3 450
-
-
total
1 540
3 450
-
-
Dividends
13 864
31 050
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
5 177
3 450
6 796
7 765
After tax
29 323
31 050
27 704
26 735
Living cost
15 459
15 459
15 459
15 459
Free-cash
13 864
15 591
12 245
11 276

Estimated living cost  is ₴15459 per week

₴9995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4007
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
-₴77373
-₴77373
-₴77373
-₴2657
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
-
-
-
34 500
labour market
-
-
-
2 724
national
-
-
-
3 402
pensions
-
-
-
445
municipal
-
-
-
5 857
total
-
-
-
12 428
Employee
104 374
104 374
104 374
-
national
12 751
12 751
12 751
-
labour market
8 338
8 338
8 338
-
municipal
22 226
22 226
22 226
-
pensions
148
148
148
-
total
43 463
43 463
43 463
-
Employer
104 374
104 374
104 374
-
national
12 773
12 773
12 773
-
pensions
297
297
297
-
labour market
8 350
8 350
8 350
-
municipal
22 261
22 261
22 261
-
total
43 681
43 681
43 681
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
87 144
87 144
87 144
12 428
After tax
-52 644
-52 644
-52 644
22 072
Living cost
24 729
24 729
24 729
24 729
Free-cash
-77 373
-77 373
-77 373
-2 657

Estimated living cost  is ₴24729 per week

₴16925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴380
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.
₴5236
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
-₴8421
₴6626
₴1074
₴12573
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
-
-
-
34 500
health
-
-
-
1 128
income
-
-
-
7 108
pensions
-
-
-
2 153
other
-
-
-
192
accident
-
-
-
131
total
-
-
-
10 712
Employee
17 642
-
28 659
-
income
2 420
-
4 309
-
pensions
1 987
-
3 227
-
health
2 020
-
3 282
-
total
6 427
-
10 818
-
Employer
17 642
-
28 659
-
unemployment
432
-
702
-
pensions
2 868
-
4 660
-
accident
295
-
479
-
total
3 595
-
5 841
-
Corporate
13 263
34 500
-
-
income

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

11 937
31 050
-
-
total
11 937
31 050
-
-
Dividends
1 326
3 450
-
-
withholding
252
656
-
-
total
252
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 211
31 706
16 659
10 712
After tax
12 289
2 794
17 841
23 788
Living cost
11 215
11 215
11 215
11 215
Free-cash
1 074
-8 421
6 626
12 573

Estimated living cost  is ₴11215 per week

₴8163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴639
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.
₴2202
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
₴3918
₴1277
₴1618
₴6320
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

-
-
-
34 500
health
-
-
-
316
national
-
-
-
1 967
municipal
-
-
-
6 153
total
-
-
-
8 436
Employee
27 057
-
29 023
-
national
447
-
625
-
unemployment
406
-
435
-
municipal
4 432
-
4 752
-
pensions
1 826
-
1 959
-
health
202
-
232
-
total
7 313
-
8 003
-
Employer
27 057
-
29 023
-
unemployment
176
-
188
-
pensions
4 694
-
5 036
-
accident
27
-
29
-
health
208
-
223
-
total
5 105
-
5 476
-
Corporate
2 338
34 500
-
-
income
467
6 900
-
-
total
467
6 900
-
-
Dividends

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

1 403
20 700
-
-
municipal
253
3 726
-
-
national
-
212
-
-
total
253
3 938
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 138
10 838
13 479
8 436
After tax
21 362
23 662
21 021
26 064
Living cost
19 744
19 744
19 744
19 744
Free-cash
1 618
3 918
1 277
6 320

Estimated living cost  is ₴19744 per week

₴12897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4635
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
₴10964
₴12373
₴10646
₴14445
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
-
-
-
34 500
health
-
-
-
879
social contributions
-
-
-
5 382
income
-
-
-
1 887
total
-
-
-
8 148
Employee
39 545
39 545
39 545
-
income
4 306
3 661
3 907
-
social contributions
1 495
3 282
2 600
-
health
306
672
533
-
total
6 107
7 615
7 040
-
Employer
39 545
39 545
39 545
-
social contributions
1 495
3 282
2 600
-
health
333
732
580
-
total
1 828
4 014
3 180
-
Corporate
14 658
-
-
-
income
1 832
-
-
-
total
1 832
-
-
-
Dividends
12 826
-
-
-
withholding
2 180
-
-
-
total
2 180
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 947
11 629
10 220
8 148
After tax
22 553
22 871
24 280
26 352
Living cost
11 907
11 907
11 907
11 907
Free-cash
10 646
10 964
12 373
14 445

Estimated living cost  is ₴11907 per week

₴7136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
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.
₴3340
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
₴20405
₴13175
₴17788
₴18141
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
-
-
-
34 500
health
-
-
-
1 861
income
-
-
-
3 047
pensions
-
-
-
3 271
unemployment
-
-
-
15
total
-
-
-
8 194
Employee

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

11 804
-
31 278
-
unemployment
59
-
156
-
income
807
-
2 433
-
pensions
1 770
-
4 691
-
health
1 003
-
2 658
-
total
3 639
-
9 938
-
Employer

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

11 804
-
31 278
-
unemployment
59
-
156
-
pensions
649
-
1 721
-
health
507
-
1 345
-
total
1 215
-
3 222
-
Corporate
21 481
34 500
-
-
income
1 933
3 105
-
-
total
1 933
3 105
-
-
Dividends
19 547
31 395
-
-
withholding
1 760
2 825
-
-
total
1 760
2 825
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 547
5 930
13 160
8 194
After tax
25 953
28 570
21 340
26 306
Living cost
8 165
8 165
8 165
8 165
Free-cash
17 788
20 405
13 175
18 141

Estimated living cost  is ₴8165 per week

₴5210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴588
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.
₴2124
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
₴9142
₴4797
₴6445
₴4555
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
-
-
-
34 500
income
-
-
-
5 455
pensions
-
-
-
9 763
unemployment
-
-
-
241
other
-
-
-
34
accident
-
-
-
310
total
-
-
-
15 803
Employee
19 016
-
26 160
-
unemployment
295
-
405
-
income
3 666
-
5 559
-
pensions
894
-
1 230
-
other
19
-
26
-
total
4 874
-
7 220
-
Employer
19 016
-
26 160
-
unemployment
1 046
-
1 439
-
pensions
4 487
-
6 174
-
accident
377
-
518
-
other
152
-
210
-
total
6 062
-
8 341
-
Corporate
9 422
34 500
-
-
income

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

1 413
5 175
-
-
total
1 413
5 175
-
-
Dividends
8 009
29 325
-
-
withholding
1 564
6 041
-
-
total
1 564
6 041
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 913
11 216
15 561
15 803
After tax
20 587
23 284
18 939
18 697
Living cost
14 142
14 142
14 142
14 142
Free-cash
6 445
9 142
4 797
4 555

Estimated living cost  is ₴14142 per week

₴9546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2989
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
₴20566
₴20830
₴20409
₴20898
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
-
-
-
34 500
health
-
-
-
509
income
-
-
-
11 430
pensions
-
-
-
701
total
-
-
-
12 640
Employee
1 465
-
33 711
-
unemployment
15
-
35
-
income
283
-
11 393
-
pensions
132
-
316
-
health
73
-
175
-
total
503
-
11 919
-
Employer
1 465
-
33 711
-
unemployment
29
-
70
-
pensions
161
-
386
-
health
139
-
333
-
total
329
-
789
-
Corporate
32 706
34 500
-
-
income
7 195
7 590
-
-
total
7 195
7 590
-
-
Dividends
25 511
26 910
-
-
withholding
5 102
5 382
-
-
total
5 102
5 382
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 129
12 972
12 708
12 640
After tax
21 371
21 528
21 792
21 860
Living cost
962
962
962
962
Free-cash
20 409
20 566
20 830
20 898

Estimated living cost  is ₴962 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
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
₴16055
₴9475
₴13532
₴8059
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.

-
-
-
34 500
health
-
-
-
3 553
income
-
-
-
4 530
pensions
-
-
-
8 970
unemployment
-
-
-
517
total
-
-
-
17 570
Employee

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

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

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

13 377
-
29 262
-
unemployment
100
-
219
-
income
1 844
-
5 094
-
pensions
1 873
-
4 097
-
health
689
-
1 507
-
total
4 506
-
10 917
-
Employer

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

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

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

13 377
-
29 262
-
unemployment
100
-
219
-
pensions
1 605
-
3 511
-
health
689
-
1 507
-
total
2 394
-
5 237
-
Corporate
18 729
34 500
-
-
income
2 809
5 175
-
-
total
2 809
5 175
-
-
Dividends
15 919
29 325
-
-
withholding
2 388
4 399
-
-
total
2 388
4 399
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 097
9 574
16 154
17 570
After tax
22 403
24 926
18 346
16 930
Living cost
8 871
8 871
8 871
8 871
Free-cash
13 532
16 055
9 475
8 059

Estimated living cost  is ₴8871 per week

₴5973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴5759
₴4704
₴5574
₴5853
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.

-
-
-
34 500
social contributions

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

-
-
-
11 988
income
-
-
-
2 795
surtax
-
-
-
-
total
-
-
-
14 783
Employee
19 960
-
27 878
-
surtax
-
-
-
-
income
3 900
-
6 245
-
social contributions
2 196
-
3 066
-
total
6 096
-
9 311
-
Employer
19 960
-
27 878
-
social contributions
4 740
-
6 621
-
total
4 740
-
6 621
-
Corporate
9 800
34 500
-
-
surtax
-
-
-
-
income
2 058
7 245
-
-
total
2 058
7 245
-
-
Dividends
7 742
27 255
-
-
withholding
2 168
7 632
-
-
total
2 168
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 062
14 877
15 932
14 783
After tax
19 438
19 623
18 568
19 717
Living cost
13 864
13 864
13 864
13 864
Free-cash
5 574
5 759
4 704
5 853

Estimated living cost  is ₴13864 per week

₴9820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2836
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
₴5210
₴865
₴1200
₴623
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
-
-
-
34 500
income
-
-
-
5 455
pensions
-
-
-
9 763
unemployment
-
-
-
241
other
-
-
-
34
accident
-
-
-
310
total
-
-
-
15 803
Employee
24 837
-
26 160
-
unemployment
385
-
405
-
income
5 188
-
5 559
-
pensions
1 167
-
1 230
-
other
24
-
26
-
total
6 764
-
7 220
-
Employer
24 837
-
26 160
-
unemployment
1 366
-
1 439
-
pensions
5 861
-
6 174
-
accident
492
-
518
-
other
199
-
210
-
total
7 918
-
8 341
-
Corporate
1 744
34 500
-
-
income

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

262
5 175
-
-
total
262
5 175
-
-
Dividends
1 483
29 325
-
-
withholding
282
6 041
-
-
total
282
6 041
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 226
11 216
15 561
15 803
After tax
19 274
23 284
18 939
18 697
Living cost
18 074
18 074
18 074
18 074
Free-cash
1 200
5 210
865
623

Estimated living cost  is ₴18074 per week

₴12980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3434
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
₴20671
₴16463
₴17543
₴15712
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
-
-
-
34 500
health
-
-
-
2 061
income
-
-
-
5 175
pensions

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

-
-
-
2 653
unemployment
-
-
-
72
total
-
-
-
9 961
Employee
11 688
-
30 984
-
income
1 169
-
3 098
-
accident

We are using the highest rate at 1.1%.

128
-
197
-
pensions

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

1 026
-
1 574
-
health
538
-
824
-
total
2 861
-
5 693
-
Employer
11 688
-
30 984
-
unemployment
70
-
108
-
pensions

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

1 288
-
1 975
-
accident

We are using the highest rate at 1.1%.

128
-
197
-
health
807
-
1 237
-
total
2 293
-
3 517
-
Corporate
20 519
34 500
-
-
income
2 052
3 450
-
-
total
2 052
3 450
-
-
Dividends
18 467
31 050
-
-
withholding
924
1 552
-
-
total
924
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 130
5 002
9 210
9 961
After tax
26 370
29 498
25 290
24 539
Living cost
8 827
8 827
8 827
8 827
Free-cash
17 543
20 671
16 463
15 712

Estimated living cost  is ₴8827 per week

₴5838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2273
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
-₴2008
₴6132
₴4722
₴4612
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.

-
-
-
34 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
3 513
income

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

-
-
-
4 739
trade
-
-
-
1 520
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.

-
-
-
261
total
-
-
-
10 033
Employee

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

25 588
-
34 500
-
surtax

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

116
-
261
-
income

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

2 104
-
4 739
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

3 513
-
3 513
-
total
5 733
-
8 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 912
34 500
-
-
trade
1 278
4 951
-
-
chamber of commerce
91
129
-
-
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.

73
285
-
-
income
1 337
5 175
-
-
total
2 779
10 540
-
-
Dividends
6 132
23 960
-
-
withholding
1 338
5 794
-
-
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.

73
319
-
-
total
1 411
6 113
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 923
16 653
8 513
10 033
After tax
24 577
17 847
25 987
24 467
Living cost
19 855
19 855
19 855
19 855
Free-cash
4 722
-2 008
6 132
4 612

Estimated living cost  is ₴19855 per week

₴13696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3734
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
-₴5145
-₴2806
-₴5728
-₴2806
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
-
-
-
34 500
income
-
-
-
5 299
social contributions
-
-
-
2 712
total
-
-
-
8 011
Employee
40 228
-
34 500
-
social contributions
3 342
-
2 712
-
income
7 591
-
5 299
-
total
10 933
-
8 011
-
Employer
40 228
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
income
-
4 313
-
-
total
-
4 313
-
-
Dividends
-
30 187
-
-
withholding
-
6 037
-
-
total
-
6 037
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 933
10 350
8 011
8 011
After tax
23 567
24 150
26 489
26 489
Living cost
29 295
29 295
29 295
29 295
Free-cash
-5 728
-5 145
-2 806
-2 806

Estimated living cost  is ₴29295 per week

₴22287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4341
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
₴1040
₴6405
₴4019
-₴2008
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.

-
-
-
34 500
health

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

-
-
-
3 201
income
-
-
-
14 639
total
-
-
-
17 840
Employee
23 592
-
32 134
-
social contributions
2 364
-
2 366
-
income
2 560
-
4 695
-
total
4 924
-
7 061
-
Employer
23 592
-
32 134
-
social contributions
2 364
-
2 366
-
total
2 364
-
2 366
-
Corporate
8 545
34 500
-
-
income
2 990
12 075
-
-
total
2 990
12 075
-
-
Dividends
5 554
22 425
-
-
social contributions
1 535
2 717
-
-
total
1 535
2 717
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 813
14 792
9 427
17 840
After tax
22 687
19 708
25 073
16 660
Living cost
18 668
18 668
18 668
18 668
Free-cash
4 019
1 040
6 405
-2 008

Estimated living cost  is ₴18668 per week

₴12297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
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.
₴4613
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
₴6794
₴3092
₴3900
₴6747
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
-
-
-
34 500
income
-
-
-
6 450
pensions
-
-
-
2 248
total
-
-
-
8 698
Employee
26 156
-
30 654
-
income
4 763
-
5 537
-
pensions
1 996
-
2 536
-
health
341
-
434
-
total
7 100
-
8 507
-
Employer
26 156
-
30 654
-
pensions
2 643
-
3 263
-
health
497
-
583
-
total
3 140
-
3 846
-
Corporate
5 205
34 500
-
-
income

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

989
6 555
-
-
total
989
6 555
-
-
Dividends
4 216
27 945
-
-
withholding
316
2 096
-
-
total
316
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 545
8 651
12 353
8 698
After tax
22 955
25 849
22 147
25 802
Living cost
19 055
19 055
19 055
19 055
Free-cash
3 900
6 794
3 092
6 747

Estimated living cost  is ₴19055 per week

₴13072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴3992
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
-₴9531
₴5516
₴904
₴11463
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
-
-
-
34 500
health
-
-
-
1 128
income
-
-
-
7 108
pensions
-
-
-
2 153
other
-
-
-
192
accident
-
-
-
131
total
-
-
-
10 712
Employee
19 388
-
28 659
-
income
2 660
-
4 309
-
pensions
2 183
-
3 227
-
health
2 220
-
3 282
-
total
7 063
-
10 818
-
Employer
19 388
-
28 659
-
unemployment
475
-
702
-
pensions
3 152
-
4 660
-
accident
324
-
479
-
total
3 951
-
5 841
-
Corporate
11 161
34 500
-
-
income

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

10 045
31 050
-
-
total
10 045
31 050
-
-
Dividends
1 116
3 450
-
-
withholding
212
656
-
-
total
212
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
21 271
31 706
16 659
10 712
After tax
13 229
2 794
17 841
23 788
Living cost
12 325
12 325
12 325
12 325
Free-cash
904
-9 531
5 516
11 463

Estimated living cost  is ₴12325 per week

₴9045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴22384
₴13231
₴19885
₴13231
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.

-
-
-
34 500
work injury
-
-
-
172
income
-
-
-
4 841
health insurance
-
-
-
2 553
pensions
-
-
-
6 348
unemployment
-
-
-
414
total
-
-
-
14 328
Employee

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

11 105
-
34 500
-
unemployment
133
-
414
-
work injury
56
-
172
-
income
1 111
-
4 841
-
health insurance
822
-
2 553
-
pensions
2 043
-
6 348
-
total
4 165
-
14 328
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 395
34 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
23 395
34 500
-
-
withholding
3 509
5 175
-
-
total
3 509
5 175
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 674
5 175
14 328
14 328
After tax
26 826
29 325
20 172
20 172
Living cost
6 941
6 941
6 941
6 941
Free-cash
19 885
22 384
13 231
13 231

Estimated living cost  is ₴6941 per week

₴4300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
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.
₴1920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
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Source of data for Skopje model

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Rome , Italy
-₴2315
-₴3892
-₴8836
-₴1977
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
-
-
-
34 500
social contributions
-
-
-
8 873
national
-
-
-
6 334
regional
-
-
-
553
municipal
-
-
-
230
total
-
-
-
15 990
Employee
43 336
-
34 500
-
regional
654
-
478
-
national
7 323
-
5 588
-
municipal
259
-
206
-
social contributions
14 613
-
11 633
-
total
22 849
-
17 905
-
Employer
43 336
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
nationa
-
8 280
-
-
municipal
-
1 663
-
-
total
-
9 943
-
-
Dividends
-
24 557
-
-
withholding
-
6 385
-
-
total
-
6 385
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 849
16 328
17 905
15 990
After tax
11 651
18 172
16 595
18 510
Living cost
20 487
20 487
20 487
20 487
Free-cash
-8 836
-2 315
-3 892
-1 977

Estimated living cost  is ₴20487 per week

₴14391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
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.
₴4377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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