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
₴2534
₴10912
₴9093
₴7996
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
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.

-
-
-
4 990
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.

-
-
-
274
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.

-
-
-
3 372
trade
-
-
-
1 819
total
-
-
-
10 455
Employee

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

18 881
-
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.

29
-
274
-
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.

527
-
4 990
-
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.

3 372
-
3 372
-
total
3 928
-
8 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 619
34 500
-
-
income
2 343
5 175
-
-
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.

129
285
-
-
chamber of commerce
97
125
-
-
trade
2 460
5 434
-
-
total
5 029
11 019
-
-
Dividends
10 590
23 482
-
-
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.

135
313
-
-
withholding
2 460
5 682
-
-
total
2 595
5 995
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 552
17 014
8 636
10 455
After tax
22 948
17 486
25 864
24 045
Living cost
14 952
14 952
14 952
14 952
Free-cash
7 996
2 534
10 912
9 093

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
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.
₴3524
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
-₴4912
-₴4781
-₴5051
-₴10208
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
municipal
-
-
-
3 373
national
-
-
-
5 227
pensions
-
-
-
4 140
total
-
-
-
13 111
Employee
40 988
-
29 825
-
municipal
5 063
-
3 507
-
pensions
1 640
-
1 193
-
national
7 845
-
5 434
-
total
14 548
-
10 134
-
Employer
40 988
-
29 825
-
pensions
3 279
-
2 386
-
social contributions
441
-
321
-
total
3 720
-
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
18 268
12 972
12 841
13 111
After tax
16 232
21 528
21 659
21 389
Living cost
26 440
26 440
26 440
26 440
Free-cash
-10 208
-4 912
-4 781
-5 051

Estimated living cost  is ₴26440 per week

₴17971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴396
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.
₴5616
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
₴17330
₴9344
₴17501
₴13281
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
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 554
microenterprise
-
-
-
5 175
total
-
-
-
6 729
Employee
14 424
-
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.

1 587
-
3 059
-
income
2 568
-
5 129
-
total
4 155
-
8 188
-
Employer
14 424
-
27 802
-
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.

3 474
-
6 698
-
surtax
-
-
-
-
total
3 474
-
6 698
-
Corporate
16 601
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%.

3 320
6 900
-
-
total
3 320
6 900
-
-
Dividends

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

13 281
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 949
6 900
14 886
6 729
After tax
23 551
27 600
19 614
27 771
Living cost
10 270
10 270
10 270
10 270
Free-cash
13 281
17 330
9 344
17 501

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2507
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
-₴11749
-₴14519
-₴1013
-₴14519
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
-
-
-
3 983
health
-
-
-
5 067
pensions
-
-
-
5 784
total
-
-
-
14 834
Employee
42 154
42 154
42 154
-
pensions
7 588
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
6 470
-
total
20 958
18 188
20 958
-
Employer
42 154
42 154
42 154
-
health
2 930
2 930
2 930
-
pensions
2 934
2 934
2 934
-
unemployment
1 518
1 518
1 518
-
total
7 382
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
28 340
25 570
28 340
14 834
After tax
6 160
8 930
6 160
19 666
Living cost
20 679
20 679
20 679
20 679
Free-cash
-14 519
-11 749
-14 519
-1 013

Estimated living cost  is ₴20679 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3831
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
-₴1325
-₴1739
-₴2964
-₴3254
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
accident
-
-
-
69
other
-
-
-
4 009
unemployment
-
-
-
35
health
-
-
-
2 153
municipal
-
-
-
7 307
national
-
-
-
-
pensions
-
-
-
3 729
total
-
-
-
17 302
Employee
28 729
-
26 252
-
municipal
8 567
-
7 828
-
national
-
-
-
-
total
8 567
-
7 828
-
Employer
28 729
-
26 252
-
health
1 767
-
1 615
-
pensions
3 105
-
2 838
-
accident
57
-
53
-
unemployment
758
-
693
-
other
3 338
-
3 050
-
total
9 025
-
8 249
-
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
17 592
15 663
16 077
17 302
After tax
16 908
18 837
18 423
17 198
Living cost
20 162
20 162
20 162
20 162
Free-cash
-3 254
-1 325
-1 739
-2 964

Estimated living cost  is ₴20162 per week

₴13362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4515
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
-₴2082
₴6472
₴4572
₴4854
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
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.

-
-
-
4 990
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.

-
-
-
274
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.

-
-
-
3 372
trade
-
-
-
1 900
total
-
-
-
10 536
Employee

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

25 033
-
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.

118
-
274
-
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.

2 151
-
4 990
-
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.

3 372
-
3 372
-
total
5 641
-
8 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 467
34 500
-
-
income
1 420
5 175
-
-
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.

78
285
-
-
chamber of commerce
88
124
-
-
trade
1 557
5 675
-
-
total
3 143
11 259
-
-
Dividends
6 324
23 242
-
-
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.

77
309
-
-
withholding
1 393
5 622
-
-
total
1 470
5 931
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 254
17 190
8 636
10 536
After tax
24 246
17 310
25 864
23 964
Living cost
19 392
19 392
19 392
19 392
Free-cash
4 854
-2 082
6 472
4 572

Estimated living cost  is ₴19392 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4088
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
₴7327
₴8465
₴10132
₴7282
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
-
-
-
2 095
social contributions
-
-
-
5 382
health
-
-
-
880
total
-
-
-
8 357
Employee
37 958
37 958
37 958
-
social contributions
1 844
3 150
2 600
-
income
3 986
3 514
3 712
-
health
378
645
532
-
total
6 208
7 309
6 844
-
Employer
37 958
37 958
37 958
-
health
411
703
580
-
social contributions
1 844
3 150
2 600
-
total
2 255
3 853
3 180
-
Corporate
10 025
-
-
-
income
1 253
-
-
-
total
1 253
-
-
-
Dividends
8 772
-
-
-
withholding
1 491
-
-
-
total
1 491
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 207
11 162
10 024
8 357
After tax
23 293
23 338
24 476
26 143
Living cost
16 011
16 011
16 011
16 011
Free-cash
7 282
7 327
8 465
10 132

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
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.
₴3547
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
₴10432
₴10940
₴14839
₴10621
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
-
-
-
4 218
unemployment
-
-
-
518
health
-
-
-
2 415
pensions
-
-
-
3 450
total
-
-
-
10 601
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.

13 079
5 205
28 870
-
unemployment
196
78
433
-
pensions
1 308
521
2 887
-
income
1 599
636
3 529
-
health
916
364
2 021
-
total
4 019
1 599
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.

13 079
5 205
28 870
-
pensions
2 550
1 015
5 630
-
total
2 550
1 015
5 630
-
Corporate
18 871
28 280
-
-
income
1 698
2 545
-
-
total
1 698
2 545
-
-
Dividends
17 172
25 735
-
-
social contributions
3 289
4 959
-
-
withholding
3 263
4 890
-
-
total
6 552
9 849
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 819
15 008
14 500
10 601
After tax
19 681
19 492
20 000
23 899
Living cost
9 060
9 060
9 060
9 060
Free-cash
10 621
10 432
10 940
14 839

Estimated living cost  is ₴9060 per week

₴6183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴15677
₴7963
₴6623
₴12611
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
-
-
-
4 569
health
-
-
-
4 485
pensions
-
-
-
6 900
total
-
-
-
15 954
Employee
14 004
-
25 785
-
unemployment
224
-
412
-
pensions
280
-
516
-
income
1 577
-
4 971
-
total
2 081
-
5 899
-
Employer
14 004
-
25 785
-
health
1 820
-
3 352
-
pensions
2 801
-
5 157
-
unemployment
112
-
206
-
total
4 733
-
8 715
-
Corporate
15 763
34 500
-
-
income
3 152
6 900
-
-
total
3 152
6 900
-
-
Dividends
12 611
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 966
6 900
14 614
15 954
After tax
24 534
27 600
19 886
18 546
Living cost
11 923
11 923
11 923
11 923
Free-cash
12 611
15 677
7 963
6 623

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2795
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
-₴8218
₴6738
₴12765
₴1106
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
accident
-
-
-
126
income
-
-
-
7 236
other
-
-
-
186
health
-
-
-
1 092
pensions
-
-
-
2 083
total
-
-
-
10 723
Employee
17 322
-
28 659
-
pensions
1 951
-
3 227
-
income
2 376
-
4 400
-
health
1 983
-
3 282
-
total
6 310
-
10 909
-
Employer
17 322
-
28 659
-
pensions
2 817
-
4 660
-
accident
289
-
479
-
unemployment
424
-
702
-
total
3 530
-
5 841
-
Corporate
13 647
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.

12 283
31 050
-
-
total
12 283
31 050
-
-
Dividends
1 365
3 450
-
-
withholding
259
656
-
-
total
259
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 382
31 706
16 750
10 723
After tax
12 118
2 794
17 750
23 777
Living cost
11 012
11 012
11 012
11 012
Free-cash
1 106
-8 218
6 738
12 765

Estimated living cost  is ₴11012 per week

₴8071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2101
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
₴28746
₴23571
₴30126
₴27991
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
5 037
-
34 500
-
income
1 007
-
6 900
-
total
1 007
-
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%.

29 463
34 500
-
-
total
-
-
-
-
Dividends
29 463
34 500
-
-
withholding
1 473
1 725
-
-
total
1 473
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 480
1 725
6 900
345
After tax
32 020
32 775
27 600
34 155
Living cost
4 029
4 029
4 029
4 029
Free-cash
27 991
28 746
23 571
30 126

Estimated living cost  is ₴4029 per week

₴2497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴12194
₴7070
₴5529
₴8862
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
-
-
-
4 382
other
-
-
-
1 638
health
-
-
-
1 518
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
total
-
-
-
15 818
Employee
17 923
-
27 556
-
unemployment
179
-
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.

1 254
-
1 929
-
income
3 086
-
4 744
-
health
251
-
386
-
total
4 770
-
7 334
-
Employer
17 923
-
27 556
-
health
251
-
386
-
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.

3 047
-
4 684
-
accident
143
-
220
-
unemployment
179
-
275
-
other
896
-
1 378
-
total
4 516
-
6 943
-
Corporate
12 060
34 500
-
-
income
2 532
7 245
-
-
total
2 532
7 245
-
-
Dividends
9 527
27 255
-
-
withholding
667
1 908
-
-
total
667
1 908
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 485
9 153
14 277
15 818
After tax
22 015
25 347
20 223
18 682
Living cost
13 153
13 153
13 153
13 153
Free-cash
8 862
12 194
7 070
5 529

Estimated living cost  is ₴13153 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₴6839
-₴10617
-₴6918
-₴18088
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
-
-
-
6 442
pensions
-
-
-
2 288
total
-
-
-
8 730
Employee
46 248
-
30 615
-
pensions
4 462
-
2 586
-
income
8 337
-
5 518
-
health
762
-
441
-
total
13 561
-
8 545
-
Employer
46 248
-
30 615
-
health
878
-
581
-
pensions
5 461
-
3 303
-
total
6 339
-
3 884
-
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
19 900
8 651
12 429
8 730
After tax
14 600
25 849
22 071
25 770
Living cost
32 688
32 688
32 688
32 688
Free-cash
-18 088
-6 839
-10 617
-6 918

Estimated living cost  is ₴32688 per week

₴24494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴4088
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
₴23027
₴19041
₴18253
₴20737
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
-
-
-
5 175
unemployment
-
-
-
69
health
-
-
-
1 982
pensions

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

-
-
-
2 551
total
-
-
-
9 777
Employee
8 567
-
31 118
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

752
-
1 513
-
income
857
-
3 112
-
health
394
-
793
-
total
2 097
-
5 608
-
Employer
8 567
-
31 118
-
health
591
-
1 189
-
pensions

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

944
-
1 899
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
103
-
total
1 680
-
3 381
-
Corporate
24 252
34 500
-
-
income
2 425
3 450
-
-
total
2 425
3 450
-
-
Dividends
21 827
31 050
-
-
withholding
1 091
1 553
-
-
total
1 091
1 553
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 293
5 003
8 989
9 777
After tax
27 207
29 497
25 511
24 723
Living cost
6 470
6 470
6 470
6 470
Free-cash
20 737
23 027
19 041
18 253

Estimated living cost  is ₴6470 per week

₴3777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2059
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
-₴18443
-₴21213
-₴7707
-₴19280
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
-
-
-
3 983
health
-
-
-
5 067
pensions
-
-
-
5 784
total
-
-
-
14 834
Employee
45 766
42 154
42 154
-
pensions
5 784
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
6 470
-
total
18 394
18 188
20 958
-
Employer
45 766
42 154
42 154
-
health
3 180
2 930
2 930
-
pensions
3 185
2 934
2 934
-
unemployment
1 648
1 518
1 518
-
total
8 013
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
26 407
25 570
28 340
14 834
After tax
8 093
8 930
6 160
19 666
Living cost
27 373
27 373
27 373
27 373
Free-cash
-19 280
-18 443
-21 213
-7 707

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
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.
₴4422
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
₴11466
₴5219
₴4516
₴7084
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
-
-
-
2 965
social contributions
-
-
-
10 074
solidarity contribution
-
-
-
-
health
-
-
-
4 658
total
-
-
-
17 697
Employee
18 068
-
25 746
-
solidarity contribution
-
-
-
-
social contributions
1 174
-
1 674
-
income
2 168
-
3 090
-
health
2 439
-
3 476
-
total
5 781
-
8 240
-
Employer
18 068
-
25 746
-
health
1 626
-
2 317
-
social contributions
4 517
-
6 437
-
total
6 143
-
8 754
-
Corporate
10 288
34 500
-
-
income
1 955
6 555
-
-
total
1 955
6 555
-
-
Dividends
8 333
27 945
-
-
withholding
1 250
4 192
-
-
total
1 250
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 129
10 747
16 994
17 697
After tax
19 371
23 753
17 506
16 803
Living cost
12 287
12 287
12 287
12 287
Free-cash
7 084
11 466
5 219
4 516

Estimated living cost  is ₴12287 per week

₴8534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴2637
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
-₴2422
-₴4071
-₴2121
-₴9371
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
regional
-
-
-
356
municipal
-
-
-
205
national
-
-
-
6 357
total
-
-
-
15 791
Employee
43 871
-
34 500
-
municipal
232
-
183
-
national
7 602
-
5 612
-
regional
414
-
312
-
social contributions
14 793
-
11 634
-
total
23 041
-
17 741
-
Employer
43 871
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
municipal
-
1 345
-
-
nationa
-
8 280
-
-
total
-
9 625
-
-
Dividends
-
24 875
-
-
withholding
-
6 467
-
-
total
-
6 467
-
-
Income
34 500
34 500
34 500
34 500
Total tax
23 041
16 092
17 741
15 791
After tax
11 459
18 408
16 759
18 709
Living cost
20 830
20 830
20 830
20 830
Free-cash
-9 371
-2 422
-4 071
-2 121

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4624
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
₴10807
₴7332
₴8091
₴9271
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
-
-
-
5 575
other
-
-
-
-
surtax
-
-
-
480
unemployment
-
-
-
112
health
-
-
-
2 449
pensions
-
-
-
6 900
total
-
-
-
15 516
Employee
16 324
-
28 501
-
other
-
-
-
-
unemployment
1 136
-
1 984
-
pensions
1 089
-
1 901
-
surtax
53
-
422
-
income
2 736
-
5 242
-
health
417
-
727
-
total
5 431
-
10 276
-
Employer
16 324
-
28 501
-
health
743
-
1 296
-
pensions
2 176
-
3 800
-
unemployment
517
-
903
-
other
-
-
-
-
total
3 436
-
5 999
-
Corporate
14 740
34 500
-
-
income
3 832
8 970
-
-
total
3 832
8 970
-
-
Dividends
10 907
25 530
-
-
withholding
1 637
3 830
-
-
total
1 637
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 336
12 800
16 275
15 516
After tax
20 164
21 700
18 225
18 984
Living cost
10 893
10 893
10 893
10 893
Free-cash
9 271
10 807
7 332
8 091

Estimated living cost  is ₴10893 per week

₴6660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2976
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
₴3517
-₴260
₴3438
-₴438
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
-
-
-
6 442
pensions
-
-
-
2 288
total
-
-
-
8 730
Employee
30 994
-
30 615
-
pensions
2 631
-
2 586
-
income
5 582
-
5 518
-
health
450
-
441
-
total
8 663
-
8 545
-
Employer
30 994
-
30 615
-
health
589
-
581
-
pensions
3 355
-
3 303
-
total
3 944
-
3 884
-
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
12 607
8 651
12 429
8 730
After tax
21 893
25 849
22 071
25 770
Living cost
22 332
22 332
22 332
22 332
Free-cash
-438
3 517
-260
3 438

Estimated living cost  is ₴22332 per week

₴16731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3693
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
-₴23581
-₴11979
-₴10207
-₴15947
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
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
regional
-
-
-
872
health
-
-
-
128
city
-
-
-
363
national
-
-
-
122
pensions
-
-
-
3 174
total
-
-
-
5 349
Employee
46 058
-
30 879
-
unemployment
-
-
-
-
pensions
3 870
-
2 594
-
national
218
-
102
-
regional
1 508
-
741
-
city
494
-
332
-
health
104
-
70
-
total
6 194
-
3 839
-
Employer
46 058
-
30 879
-
health
104
-
70
-
pensions
3 870
-
2 594
-
unemployment
-
-
-
-
other

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

921
-
618
-
total
4 895
-
3 282
-
Corporate
-
34 500
-
-
regional
-
7 296
-
-
national
-
2 932
-
-
total
-
10 228
-
-
Dividends
-
24 271
-
-
withholding
-
8 495
-
-
total
-
8 495
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 089
18 723
7 121
5 349
After tax
23 411
15 777
27 379
29 151
Living cost
39 358
39 358
39 358
39 358
Free-cash
-15 947
-23 581
-11 979
-10 207

Estimated living cost  is ₴39358 per week

₴25594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴483
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.
₴9749
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
-₴5484
₴3250
₴1270
₴2524
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
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.

-
-
-
4 990
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.

-
-
-
274
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.

-
-
-
3 372
trade
-
-
-
1 980
total
-
-
-
10 616
Employee

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

29 667
-
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.

192
-
274
-
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.

3 489
-
4 990
-
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.

3 372
-
3 372
-
total
7 053
-
8 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 833
34 500
-
-
income
725
5 175
-
-
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.

40
285
-
-
chamber of commerce
81
124
-
-
trade
829
5 917
-
-
total
1 675
11 501
-
-
Dividends
3 158
23 000
-
-
surtax

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

33
306
-
-
withholding
601
5 563
-
-
total
634
5 869
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 362
17 370
8 636
10 616
After tax
25 138
17 130
25 864
23 884
Living cost
22 614
22 614
22 614
22 614
Free-cash
2 524
-5 484
3 250
1 270

Estimated living cost  is ₴22614 per week

₴16516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
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.
₴3995
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
₴498
₴3809
₴3646
₴3414
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
-
-
-
1 851
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
983
health
-
-
-
299
pensions
-
-
-
9 762
total
-
-
-
13 965
Employee
21 127
-
26 288
-
pensions
2 389
-
2 972
-
surtax
-
-
-
-
social contributions
602
-
749
-
income
1 247
-
1 871
-
total
4 238
-
5 592
-
Employer
21 127
-
26 288
-
health
1 479
-
1 840
-
pensions
3 471
-
4 319
-
unemployment
855
-
1 065
-
social contributions
64
-
79
-
other
729
-
907
-
total
6 598
-
8 210
-
Corporate
6 775
34 500
-
-
income
1 897
9 660
-
-
surtax
-
-
-
-
total
1 897
9 660
-
-
Dividends
4 879
24 840
-
-
surtax
-
-
-
-
social contributions
839
4 274
-
-
withholding
625
3 179
-
-
total
1 464
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 197
17 113
13 802
13 965
After tax
20 303
17 387
20 698
20 535
Living cost
16 889
16 889
16 889
16 889
Free-cash
3 414
498
3 809
3 646

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
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.
₴4580
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
₴2171
₴5482
₴5319
₴4916
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
-
-
-
1 851
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
983
health
-
-
-
299
pensions
-
-
-
9 762
total
-
-
-
13 965
Employee
18 859
-
26 288
-
pensions
2 133
-
2 972
-
surtax
-
-
-
-
social contributions
538
-
749
-
income
972
-
1 871
-
total
3 643
-
5 592
-
Employer
18 859
-
26 288
-
health
1 320
-
1 840
-
pensions
3 099
-
4 319
-
unemployment
763
-
1 065
-
social contributions
56
-
79
-
other
651
-
907
-
total
5 889
-
8 210
-
Corporate
9 752
34 500
-
-
income
2 731
9 660
-
-
surtax
-
-
-
-
total
2 731
9 660
-
-
Dividends
7 021
24 840
-
-
surtax
-
-
-
-
social contributions
1 207
4 274
-
-
withholding
898
3 179
-
-
total
2 105
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 368
17 113
13 802
13 965
After tax
20 132
17 387
20 698
20 535
Living cost
15 216
15 216
15 216
15 216
Free-cash
4 916
2 171
5 482
5 319

Estimated living cost  is ₴15216 per week

₴8824
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.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4557
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
₴10581
₴9986
₴11689
₴10837
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
-
-
-
5 175
social contributions
-
-
-
4 761
health
-
-
-
2 408
total
-
-
-
12 344
Employee
16 737
-
34 500
-
social contributions
2 310
-
4 761
-
income
2 792
-
6 878
-
health
1 168
-
2 408
-
total
6 270
-
14 047
-
Employer
16 737
-
34 500
-
total
-
-
-
-
Corporate
17 763
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%.

888
1 725
-
-
total
888
1 725
-
-
Dividends
16 875
32 775
-
-
social contributions
2 329
4 523
-
-
withholding
2 531
4 916
-
-
health
1 178
2 288
-
-
total
6 038
11 727
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 196
13 452
14 047
12 344
After tax
21 304
21 048
20 453
22 156
Living cost
10 467
10 467
10 467
10 467
Free-cash
10 837
10 581
9 986
11 689

Estimated living cost  is ₴10467 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2575
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
₴2195
-₴5123
₴1227
₴1434
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
-
-
-
3 595
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
138
health
-
-
-
2 639
pensions
-
-
-
6 382
total
-
-
-
15 879
Employee
24 670
19 672
26 714
-
other
246
197
267
-
unemployment
740
590
802
-
pensions
2 526
2 014
2 735
-
income
2 808
1 451
3 394
-
health
955
762
1 034
-
total
7 275
5 014
8 232
-
Employer
24 670
19 672
26 714
-
chamber of commerce
98
79
107
-
health
932
744
1 010
-
pensions
3 096
2 469
3 353
-
accident
320
256
348
-
unemployment
740
590
802
-
surtax
97
97
97
-
payroll
740
590
802
-
other
1 172
934
1 268
-
total
7 195
5 759
7 787
-
Corporate
2 634
9 069
24 840
-
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.

659
2 267
6 210
-
total
659
2 267
6 210
-
Dividends
1 976
6 802
-
-
withholding
543
1 871
-
-
total
543
1 871
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 672
14 911
22 229
15 879
After tax
18 828
19 589
12 271
18 621
Living cost
17 394
17 394
17 394
17 394
Free-cash
1 434
2 195
-5 123
1 227

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
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.
₴4023
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
₴1404
-₴3660
-₴380
-₴11089
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.

-
-
-
1 795
social contributions
-
-
-
4 579
national
-
-
-
10 507
total
-
-
-
16 881
Employee

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

35 310
-
26 723
-
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.

307
-
232
-
communal

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

1 842
-
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.

2 648
-
2 005
-
national
10 856
-
7 496
-
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.

1 659
-
1 256
-
total
17 312
-
12 383
-
Employer

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

35 310
-
26 723
-
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.

2 171
-
1 643
-
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.

3 129
-
2 367
-
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.

459
-
348
-
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.

515
-
390
-
surtax
4 004
-
3 030
-
total
10 278
-
7 778
-
Corporate
-
34 500
-
-
income
-
6 900
-
-
surtax
-
138
-
-
total
-
7 038
-
-
Dividends
-
27 462
-
-
withholding

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

-
8 059
-
-
total
-
8 059
-
-
Income
34 500
34 500
34 500
34 500
Total tax
27 590
15 097
20 161
16 881
After tax
6 910
19 403
14 339
17 619
Living cost
17 999
17 999
17 999
17 999
Free-cash
-11 089
1 404
-3 660
-380

Estimated living cost  is ₴17999 per week

₴11593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4550
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
₴5452
₴1040
₴796
₴1442
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
accident
-
-
-
310
income
-
-
-
5 526
other
-
-
-
35
unemployment
-
-
-
242
pensions
-
-
-
9 764
total
-
-
-
15 877
Employee
24 572
-
26 160
-
other
24
-
26
-
unemployment
381
-
406
-
pensions
1 155
-
1 230
-
income
5 185
-
5 631
-
total
6 745
-
7 293
-
Employer
24 572
-
26 160
-
pensions
5 799
-
6 173
-
accident
486
-
518
-
unemployment
1 352
-
1 439
-
other
196
-
210
-
total
7 833
-
8 340
-
Corporate
2 096
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.

315
5 175
-
-
total
315
5 175
-
-
Dividends
1 781
29 325
-
-
withholding
338
6 046
-
-
total
338
6 046
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 231
11 221
15 633
15 877
After tax
19 269
23 279
18 867
18 623
Living cost
17 827
17 827
17 827
17 827
Free-cash
1 442
5 452
1 040
796

Estimated living cost  is ₴17827 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
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.
₴3178
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
-₴5351
-₴3933
-₴4579
-₴7348
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
-
-
-
-
accident
-
-
-
310
income
-
-
-
2 010
surtax
-
-
-
1 826
health
-
-
-
2 587
pensions
-
-
-
5 520
total
-
-
-
12 253
Employee
37 383
-
30 818
-
pensions
2 990
-
2 466
-
surtax
2 291
-
1 889
-
income
3 611
-
2 198
-
health
1 664
-
1 371
-
total
10 556
-
7 924
-
Employer
37 383
-
30 818
-
health
1 140
-
940
-
pensions
2 990
-
2 466
-
accident
336
-
277
-
total
4 466
-
3 683
-
Corporate
-
34 500
-
-
communal
-
2 329
-
-
income
-
5 175
-
-
surtax
-
363
-
-
total
-
7 867
-
-
Dividends
-
26 634
-
-
income
-
1 163
-
-
withholding
-
3 995
-
-
total
-
5 158
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 022
13 025
11 607
12 253
After tax
19 478
21 475
22 893
22 247
Living cost
26 826
26 826
26 826
26 826
Free-cash
-7 348
-5 351
-3 933
-4 579

Estimated living cost  is ₴26826 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4792
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
₴10612
₴7137
₴7896
₴9043
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
-
-
-
5 575
other
-
-
-
-
surtax
-
-
-
480
unemployment
-
-
-
112
health
-
-
-
2 449
pensions
-
-
-
6 900
total
-
-
-
15 516
Employee
16 624
-
28 501
-
other
-
-
-
-
unemployment
1 157
-
1 984
-
pensions
1 109
-
1 901
-
surtax
59
-
422
-
income
2 787
-
5 242
-
health
424
-
727
-
total
5 536
-
10 276
-
Employer
16 624
-
28 501
-
health
756
-
1 296
-
pensions
2 216
-
3 800
-
unemployment
527
-
903
-
other
-
-
-
-
total
3 499
-
5 999
-
Corporate
14 376
34 500
-
-
income
3 738
8 970
-
-
total
3 738
8 970
-
-
Dividends
10 639
25 530
-
-
withholding
1 596
3 830
-
-
total
1 596
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 369
12 800
16 275
15 516
After tax
20 131
21 700
18 225
18 984
Living cost
11 088
11 088
11 088
11 088
Free-cash
9 043
10 612
7 137
7 896

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3173
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
₴4837
₴3310
₴5248
₴3741
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
regional
-
-
-
520
municipal
-
-
-
205
national
-
-
-
6 357
total
-
-
-
15 955
Employee
27 383
-
34 500
-
municipal
145
-
183
-
national
4 338
-
5 612
-
regional
369
-
464
-
social contributions
9 234
-
11 634
-
total
14 086
-
17 893
-
Employer
27 383
-
34 500
-
total
-
-
-
-
Corporate
7 117
34 500
-
-
municipal
354
1 714
-
-
nationa
1 708
8 280
-
-
total
2 062
9 994
-
-
Dividends
5 055
24 506
-
-
withholding
1 314
6 372
-
-
total
1 314
6 372
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 462
16 366
17 893
15 955
After tax
17 038
18 134
16 607
18 545
Living cost
13 297
13 297
13 297
13 297
Free-cash
3 741
4 837
3 310
5 248

Estimated living cost  is ₴13297 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3453
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
₴8613
₴2366
₴1663
₴3212
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
-
-
-
2 965
social contributions
-
-
-
10 074
solidarity contribution
-
-
-
-
health
-
-
-
4 658
total
-
-
-
17 697
Employee
22 265
-
25 746
-
solidarity contribution
-
-
-
-
social contributions
1 447
-
1 674
-
income
2 672
-
3 090
-
health
3 006
-
3 476
-
total
7 125
-
8 240
-
Employer
22 265
-
25 746
-
health
2 004
-
2 317
-
social contributions
5 566
-
6 437
-
total
7 570
-
8 754
-
Corporate
4 665
34 500
-
-
income
886
6 555
-
-
total
886
6 555
-
-
Dividends
3 778
27 945
-
-
withholding
567
4 192
-
-
total
567
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 148
10 747
16 994
17 697
After tax
18 352
23 753
17 506
16 803
Living cost
15 140
15 140
15 140
15 140
Free-cash
3 212
8 613
2 366
1 663

Estimated living cost  is ₴15140 per week

₴11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2780
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
₴3894
-₴3457
₴2969
₴3650
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
-
-
-
3 595
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
138
health
-
-
-
2 639
pensions
-
-
-
6 382
total
-
-
-
15 782
Employee
21 578
19 672
26 790
-
other
215
197
268
-
unemployment
647
590
804
-
pensions
2 210
2 014
2 744
-
income
1 922
1 451
3 416
-
health
835
762
1 037
-
total
5 829
5 014
8 269
-
Employer
21 578
19 672
26 790
-
chamber of commerce
86
79
107
-
health
816
744
1 013
-
pensions
2 708
2 469
3 362
-
accident
280
256
348
-
unemployment
647
590
804
-
surtax
-
-
-
-
payroll
647
590
804
-
other
1 025
934
1 272
-
total
6 209
5 662
7 710
-
Corporate
6 712
9 166
24 917
-
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.

1 678
2 291
6 229
-
total
1 678
2 291
6 229
-
Dividends
5 034
6 875
-
-
withholding
1 385
1 890
-
-
total
1 385
1 890
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 101
14 857
22 208
15 782
After tax
19 399
19 643
12 292
18 718
Living cost
15 749
15 749
15 749
15 749
Free-cash
3 650
3 894
-3 457
2 969

Estimated living cost  is ₴15749 per week

₴9447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4412
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
₴26496
₴21321
₴27876
₴25318
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
7 849
-
34 500
-
income
1 570
-
6 900
-
total
1 570
-
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%.

26 651
34 500
-
-
total
-
-
-
-
Dividends
26 651
34 500
-
-
withholding
1 333
1 725
-
-
total
1 333
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 903
1 725
6 900
345
After tax
31 597
32 775
27 600
34 155
Living cost
6 279
6 279
6 279
6 279
Free-cash
25 318
26 496
21 321
27 876

Estimated living cost  is ₴6279 per week

₴4249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1556
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
₴10513
₴4272
₴5260
₴6383
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
income
-
-
-
6 252
unemployment
-
-
-
52
health
-
-
-
3 395
pensions
-
-
-
6 301
total
-
-
-
16 000
Employee

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

21 829
-
29 852
-
unemployment
31
-
42
-
pensions
3 384
-
4 627
-
income
3 764
-
5 742
-
health
1 410
-
1 929
-
total
8 589
-
12 340
-
Employer

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

21 829
-
29 852
-
health
1 454
-
1 988
-
pensions
1 932
-
2 642
-
unemployment
13
-
18
-
total
3 399
-
4 648
-
Corporate
9 273
34 500
-
-
income
1 762
6 555
-
-
total
1 762
6 555
-
-
Dividends
7 511
27 945
-
-
withholding
1 127
4 192
-
-
total
1 127
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 877
10 747
16 988
16 000
After tax
19 623
23 753
17 512
18 500
Living cost
13 240
13 240
13 240
13 240
Free-cash
6 383
10 513
4 272
5 260

Estimated living cost  is ₴13240 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
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.
₴3049
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
-₴300
₴6719
₴2552
-₴39071
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
-
-
-
6 725
social contributions
-
-
-
3 933
total
-
-
-
10 658
Employee
30 527
-
-
-
social contributions
2 503
-
357
-
income
6 734
-
-
-
total
9 237
-
357
-
Employer
30 527
-
-
-
social contributions
43 044
-
6 134
-
total
43 044
-
6 134
-
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
52 281
13 510
6 491
10 658
After tax
-17 781
20 990
28 009
23 842
Living cost
21 290
21 290
21 290
21 290
Free-cash
-39 071
-300
6 719
2 552

Estimated living cost  is ₴21290 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴5203
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
₴4139
₴2966
₴4186
₴3644
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
income
-
-
-
2 841
surtax
-
-
-
-
social contributions

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

-
-
-
11 989
total
-
-
-
14 830
Employee
22 703
-
27 879
-
surtax
-
-
-
-
social contributions
2 497
-
3 067
-
income
4 722
-
6 362
-
total
7 219
-
9 429
-
Employer
22 703
-
27 879
-
social contributions
5 392
-
6 621
-
total
5 392
-
6 621
-
Corporate
6 405
34 500
-
-
income
1 345
7 245
-
-
surtax
-
-
-
-
total
1 345
7 245
-
-
Dividends
5 059
27 255
-
-
withholding
1 416
7 632
-
-
total
1 416
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 372
14 877
16 050
14 830
After tax
19 128
19 623
18 450
19 670
Living cost
15 484
15 484
15 484
15 484
Free-cash
3 644
4 139
2 966
4 186

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴2727
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
-₴6455
-₴3144
-₴3307
-₴6074
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
-
-
-
1 851
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
983
health
-
-
-
299
pensions
-
-
-
9 762
total
-
-
-
13 965
Employee
30 917
-
26 288
-
pensions
3 497
-
2 972
-
surtax
-
-
-
-
social contributions
881
-
749
-
income
2 698
-
1 871
-
total
7 076
-
5 592
-
Employer
30 917
-
26 288
-
health
2 164
-
1 840
-
pensions
5 080
-
4 319
-
unemployment
1 252
-
1 065
-
social contributions
93
-
79
-
other
1 067
-
907
-
total
9 656
-
8 210
-
Corporate
-
34 500
-
-
income
-
9 660
-
-
surtax
-
-
-
-
total
-
9 660
-
-
Dividends
-
24 840
-
-
surtax
-
-
-
-
social contributions
-
4 274
-
-
withholding
-
3 179
-
-
total
-
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 732
17 113
13 802
13 965
After tax
17 768
17 387
20 698
20 535
Living cost
23 842
23 842
23 842
23 842
Free-cash
-6 074
-6 455
-3 144
-3 307

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
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.
₴5429
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
₴16212
₴12818
₴11851
₴14554
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
-
-
-
221
social contributions
-
-
-
7 590
total
-
-
-
7 811
Employee
15 870
-
29 871
-
income
-
-
273
-
social contributions
1 031
-
1 942
-
total
1 031
-
2 215
-
Employer
15 870
-
29 871
-
social contributions
2 460
-
4 629
-
total
2 460
-
4 629
-
Corporate
16 170
34 500
-
-
income
1 617
3 450
-
-
total
1 617
3 450
-
-
Dividends
14 553
31 050
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
5 108
3 450
6 844
7 811
After tax
29 392
31 050
27 656
26 689
Living cost
14 838
14 838
14 838
14 838
Free-cash
14 554
16 212
12 818
11 851

Estimated living cost  is ₴14838 per week

₴9594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3846
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
-₴72944
-₴72944
-₴1753
-₴72944
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
-
-
-
2 726
municipal
-
-
-
5 917
national
-
-
-
3 433
pensions
-
-
-
427
total
-
-
-
12 503
Employee
100 242
100 242
100 242
-
municipal
21 346
21 346
21 346
-
labour market
8 008
8 008
8 008
-
pensions
142
142
142
-
national
12 246
12 246
12 246
-
total
41 742
41 742
41 742
-
Employer
100 242
100 242
100 242
-
national
12 268
12 268
12 268
-
labour market
8 019
8 019
8 019
-
pensions
285
285
285
-
municipal
21 380
21 380
21 380
-
total
41 952
41 952
41 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
83 694
83 694
83 694
12 503
After tax
-49 194
-49 194
-49 194
21 997
Living cost
23 750
23 750
23 750
23 750
Free-cash
-72 944
-72 944
-72 944
-1 753

Estimated living cost  is ₴23750 per week

₴16255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5029
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
-₴8056
₴6900
₴12927
₴1131
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
accident
-
-
-
126
income
-
-
-
7 236
other
-
-
-
186
health
-
-
-
1 092
pensions
-
-
-
2 083
total
-
-
-
10 723
Employee
17 067
-
28 659
-
pensions
1 922
-
3 227
-
income
2 341
-
4 400
-
health
1 954
-
3 282
-
total
6 217
-
10 909
-
Employer
17 067
-
28 659
-
pensions
2 775
-
4 660
-
accident
285
-
479
-
unemployment
418
-
702
-
total
3 478
-
5 841
-
Corporate
13 955
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.

12 559
31 050
-
-
total
12 559
31 050
-
-
Dividends
1 395
3 450
-
-
withholding
265
656
-
-
total
265
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 519
31 706
16 750
10 723
After tax
11 981
2 794
17 750
23 777
Living cost
10 850
10 850
10 850
10 850
Free-cash
1 131
-8 056
6 900
12 927

Estimated living cost  is ₴10850 per week

₴7897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴4669
₴1907
₴6947
₴2509
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
-
-
-
325
municipal
-
-
-
6 152
national
-
-
-
2 124
total
-
-
-
8 601
Employee
25 971
-
29 023
-
municipal
4 254
-
4 749
-
unemployment
390
-
436
-
pensions
1 753
-
1 959
-
national
429
-
780
-
health
194
-
241
-
total
7 020
-
8 165
-
Employer
25 971
-
29 023
-
health
200
-
224
-
pensions
4 506
-
5 035
-
accident
26
-
29
-
unemployment
169
-
188
-
total
4 901
-
5 476
-
Corporate
3 629
34 500
-
-
income
726
6 900
-
-
total
726
6 900
-
-
Dividends

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

2 177
20 700
-
-
municipal
392
3 726
-
-
national
-
253
-
-
total
392
3 979
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 039
10 879
13 641
8 601
After tax
21 461
23 621
20 859
25 899
Living cost
18 952
18 952
18 952
18 952
Free-cash
2 509
4 669
1 907
6 947

Estimated living cost  is ₴18952 per week

₴12379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
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.
₴4449
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
₴11909
₴13047
₴14714
₴11224
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
-
-
-
2 095
social contributions
-
-
-
5 382
health
-
-
-
880
total
-
-
-
8 357
Employee
37 958
37 958
37 958
-
social contributions
1 435
3 150
2 600
-
income
4 133
3 514
3 712
-
health
294
645
532
-
total
5 862
7 309
6 844
-
Employer
37 958
37 958
37 958
-
health
319
703
580
-
social contributions
1 435
3 150
2 600
-
total
1 754
3 853
3 180
-
Corporate
15 454
-
-
-
income
1 932
-
-
-
total
1 932
-
-
-
Dividends
13 523
-
-
-
withholding
2 299
-
-
-
total
2 299
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 847
11 162
10 024
8 357
After tax
22 653
23 338
24 476
26 143
Living cost
11 429
11 429
11 429
11 429
Free-cash
11 224
11 909
13 047
14 714

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3206
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
₴20733
₴13496
₴18646
₴18222
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
income
-
-
-
3 077
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
8 017
Employee

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

11 331
-
31 278
-
unemployment
56
-
156
-
pensions
1 699
-
4 691
-
income
775
-
2 440
-
health
963
-
2 659
-
total
3 493
-
9 946
-
Employer

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

11 331
-
31 278
-
health
487
-
1 345
-
pensions
623
-
1 720
-
unemployment
56
-
156
-
total
1 166
-
3 221
-
Corporate
22 003
34 500
-
-
income
1 980
3 105
-
-
total
1 980
3 105
-
-
Dividends
20 023
31 395
-
-
withholding
1 802
2 825
-
-
total
1 802
2 825
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 441
5 930
13 167
8 017
After tax
26 059
28 570
21 333
26 483
Living cost
7 837
7 837
7 837
7 837
Free-cash
18 222
20 733
13 496
18 646

Estimated living cost  is ₴7837 per week

₴5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2038
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
₴9705
₴5293
₴5049
₴7116
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
accident
-
-
-
310
income
-
-
-
5 526
other
-
-
-
35
unemployment
-
-
-
242
pensions
-
-
-
9 764
total
-
-
-
15 877
Employee
18 253
-
26 160
-
other
18
-
26
-
unemployment
283
-
406
-
pensions
858
-
1 230
-
income
3 519
-
5 631
-
total
4 678
-
7 293
-
Employer
18 253
-
26 160
-
pensions
4 307
-
6 173
-
accident
362
-
518
-
unemployment
1 004
-
1 439
-
other
146
-
210
-
total
5 819
-
8 340
-
Corporate
10 428
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.

1 564
5 175
-
-
total
1 564
5 175
-
-
Dividends
8 864
29 325
-
-
withholding
1 749
6 046
-
-
total
1 749
6 046
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 810
11 221
15 633
15 877
After tax
20 690
23 279
18 867
18 623
Living cost
13 574
13 574
13 574
13 574
Free-cash
7 116
9 705
5 293
5 049

Estimated living cost  is ₴13574 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
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.
₴2869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴20571
₴20837
₴20906
₴20414
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
-
-
-
11 433
health
-
-
-
506
pensions
-
-
-
698
total
-
-
-
12 637
Employee
1 458
-
33 714
-
unemployment
15
-
35
-
pensions
131
-
314
-
income
282
-
11 396
-
health
73
-
175
-
total
501
-
11 920
-
Employer
1 458
-
33 714
-
health
139
-
332
-
pensions
160
-
384
-
unemployment
29
-
70
-
total
328
-
786
-
Corporate
32 714
34 500
-
-
income
7 197
7 590
-
-
total
7 197
7 590
-
-
Dividends
25 517
26 910
-
-
withholding
5 103
5 382
-
-
total
5 103
5 382
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 129
12 972
12 706
12 637
After tax
21 371
21 528
21 794
21 863
Living cost
957
957
957
957
Free-cash
20 414
20 571
20 837
20 906

Estimated living cost  is ₴957 per week

₴569
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.
₴289
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
₴16388
₴9691
₴8359
₴13958
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
income
-
-
-
4 561
unemployment
-
-
-
518
health
-
-
-
3 554
pensions
-
-
-
8 970
total
-
-
-
17 603
Employee

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

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

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

12 875
-
29 262
-
unemployment
97
-
219
-
pensions
1 803
-
4 097
-
income
1 775
-
5 211
-
health
663
-
1 507
-
total
4 338
-
11 034
-
Employer

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

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

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

12 875
-
29 262
-
health
663
-
1 507
-
pensions
1 545
-
3 511
-
unemployment
97
-
219
-
total
2 305
-
5 237
-
Corporate
19 320
34 500
-
-
income
2 898
5 175
-
-
total
2 898
5 175
-
-
Dividends
16 422
29 325
-
-
withholding
2 463
4 399
-
-
total
2 463
4 399
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 004
9 574
16 271
17 603
After tax
22 496
24 926
18 229
16 897
Living cost
8 538
8 538
8 538
8 538
Free-cash
13 958
16 388
9 691
8 359

Estimated living cost  is ₴8538 per week

₴5749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1882
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
₴6315
₴5142
₴6362
₴6137
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
income
-
-
-
2 841
surtax
-
-
-
-
social contributions

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

-
-
-
11 989
total
-
-
-
14 830
Employee
19 159
-
27 879
-
surtax
-
-
-
-
social contributions
2 108
-
3 067
-
income
3 744
-
6 362
-
total
5 852
-
9 429
-
Employer
19 159
-
27 879
-
social contributions
4 550
-
6 621
-
total
4 550
-
6 621
-
Corporate
10 791
34 500
-
-
income
2 266
7 245
-
-
surtax
-
-
-
-
total
2 266
7 245
-
-
Dividends
8 525
27 255
-
-
withholding
2 387
7 632
-
-
total
2 387
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 055
14 877
16 050
14 830
After tax
19 445
19 623
18 450
19 670
Living cost
13 308
13 308
13 308
13 308
Free-cash
6 137
6 315
5 142
6 362

Estimated living cost  is ₴13308 per week

₴9426
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.
₴236
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.
₴2722
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
₴5930
₴1518
₴1274
₴2107
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
accident
-
-
-
310
income
-
-
-
5 526
other
-
-
-
35
unemployment
-
-
-
242
pensions
-
-
-
9 764
total
-
-
-
15 877
Employee
23 840
-
26 160
-
other
23
-
26
-
unemployment
369
-
406
-
pensions
1 120
-
1 230
-
income
4 979
-
5 631
-
total
6 491
-
7 293
-
Employer
23 840
-
26 160
-
pensions
5 626
-
6 173
-
accident
472
-
518
-
unemployment
1 311
-
1 439
-
other
191
-
210
-
total
7 600
-
8 340
-
Corporate
3 059
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.

459
5 175
-
-
total
459
5 175
-
-
Dividends
2 600
29 325
-
-
withholding
494
6 046
-
-
total
494
6 046
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 044
11 221
15 633
15 877
After tax
19 456
23 279
18 867
18 623
Living cost
17 349
17 349
17 349
17 349
Free-cash
2 107
5 930
1 518
1 274

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3296
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
₴21008
₴17022
₴16234
₴17999
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
-
-
-
5 175
unemployment
-
-
-
69
health
-
-
-
1 982
pensions

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

-
-
-
2 551
total
-
-
-
9 777
Employee
11 240
-
31 118
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

987
-
1 513
-
income
1 124
-
3 112
-
health
517
-
793
-
total
2 752
-
5 608
-
Employer
11 240
-
31 118
-
health
776
-
1 189
-
pensions

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

1 239
-
1 899
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
103
-
total
2 207
-
3 381
-
Corporate
21 054
34 500
-
-
income
2 105
3 450
-
-
total
2 105
3 450
-
-
Dividends
18 949
31 050
-
-
withholding
948
1 553
-
-
total
948
1 553
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 012
5 003
8 989
9 777
After tax
26 488
29 497
25 511
24 723
Living cost
8 489
8 489
8 489
8 489
Free-cash
17 999
21 008
17 022
16 234

Estimated living cost  is ₴8489 per week

₴5614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₴1217
₴6806
₴5149
₴5242
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
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.

-
-
-
4 990
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.

-
-
-
274
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.

-
-
-
3 372
trade
-
-
-
1 657
total
-
-
-
10 293
Employee

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

24 561
-
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.

111
-
274
-
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.

2 020
-
4 990
-
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.

3 372
-
3 372
-
total
5 503
-
8 636
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 939
34 500
-
-
income
1 490
5 175
-
-
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.

82
285
-
-
chamber of commerce
90
126
-
-
trade
1 426
4 951
-
-
total
3 088
10 537
-
-
Dividends
6 850
23 964
-
-
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.

84
319
-
-
withholding
1 525
5 803
-
-
total
1 609
6 122
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 200
16 659
8 636
10 293
After tax
24 300
17 841
25 864
24 207
Living cost
19 058
19 058
19 058
19 058
Free-cash
5 242
-1 217
6 806
5 149

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3584
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
-₴3970
-₴2016
-₴2016
-₴4114
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
-
-
-
5 641
social contributions
-
-
-
2 755
total
-
-
-
8 396
Employee
38 613
-
34 500
-
income
7 286
-
5 641
-
social contributions
3 208
-
2 755
-
total
10 494
-
8 396
-
Employer
38 613
-
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
10 494
10 350
8 396
8 396
After tax
24 006
24 150
26 104
26 104
Living cost
28 120
28 120
28 120
28 120
Free-cash
-4 114
-3 970
-2 016
-2 016

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
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.
₴4167
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
₴1898
₴7187
-₴484
₴4757
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
income
-
-
-
14 051
health

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

-
-
-
3 014
total
-
-
-
17 065
Employee
22 645
-
32 229
-
income
2 457
-
4 852
-
social contributions
2 269
-
2 271
-
total
4 726
-
7 123
-
Employer
22 645
-
32 229
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
9 586
34 500
-
-
income
3 355
12 075
-
-
total
3 355
12 075
-
-
Dividends
6 231
22 425
-
-
social contributions
1 474
2 608
-
-
total
1 474
2 608
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 824
14 683
9 394
17 065
After tax
22 676
19 817
25 106
17 435
Living cost
17 919
17 919
17 919
17 919
Free-cash
4 757
1 898
7 187
-484

Estimated living cost  is ₴17919 per week

₴11803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4428
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
₴7694
₴3916
₴7615
₴4936
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
-
-
-
6 442
pensions
-
-
-
2 288
total
-
-
-
8 730
Employee
24 920
-
30 615
-
pensions
1 902
-
2 586
-
income
4 538
-
5 518
-
health
325
-
441
-
total
6 765
-
8 545
-
Employer
24 920
-
30 615
-
health
474
-
581
-
pensions
2 518
-
3 303
-
total
2 992
-
3 884
-
Corporate
6 589
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.

1 252
6 555
-
-
total
1 252
6 555
-
-
Dividends
5 337
27 945
-
-
withholding
400
2 096
-
-
total
400
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 409
8 651
12 429
8 730
After tax
23 091
25 849
22 071
25 770
Living cost
18 155
18 155
18 155
18 155
Free-cash
4 936
7 694
3 916
7 615

Estimated living cost  is ₴18155 per week

₴12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3803
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
-₴9130
₴5826
₴11853
₴965
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
accident
-
-
-
126
income
-
-
-
7 236
other
-
-
-
186
health
-
-
-
1 092
pensions
-
-
-
2 083
total
-
-
-
10 723
Employee
18 757
-
28 659
-
pensions
2 112
-
3 227
-
income
2 573
-
4 400
-
health
2 148
-
3 282
-
total
6 833
-
10 909
-
Employer
18 757
-
28 659
-
pensions
3 050
-
4 660
-
accident
313
-
479
-
unemployment
459
-
702
-
total
3 822
-
5 841
-
Corporate
11 921
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.

10 729
31 050
-
-
total
10 729
31 050
-
-
Dividends
1 192
3 450
-
-
withholding
227
656
-
-
total
227
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
21 611
31 706
16 750
10 723
After tax
12 889
2 794
17 750
23 777
Living cost
11 924
11 924
11 924
11 924
Free-cash
965
-9 130
5 826
11 853

Estimated living cost  is ₴11924 per week

₴8751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2238
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
₴22667
₴13457
₴13457
₴20271
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
income
-
-
-
4 897
unemployment
-
-
-
414
work injury
-
-
-
173
health insurance
-
-
-
2 553
pensions
-
-
-
6 348
total
-
-
-
14 385
Employee

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

10 653
-
34 500
-
health insurance
788
-
2 553
-
unemployment
128
-
414
-
work injury
53
-
173
-
pensions
1 960
-
6 348
-
income
1 065
-
4 897
-
total
3 994
-
14 385
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 847
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
23 847
34 500
-
-
withholding
3 577
5 175
-
-
total
3 577
5 175
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 571
5 175
14 385
14 385
After tax
26 929
29 325
20 115
20 115
Living cost
6 658
6 658
6 658
6 658
Free-cash
20 271
22 667
13 457
13 457

Estimated living cost  is ₴6658 per week

₴4125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴1842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₴1493
-₴3101
-₴1184
-₴7096
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
regional
-
-
-
559
municipal
-
-
-
230
national
-
-
-
6 357
total
-
-
-
16 019
Employee
41 597
-
34 500
-
municipal
248
-
206
-
national
7 029
-
5 612
-
regional
628
-
484
-
social contributions
14 026
-
11 634
-
total
21 931
-
17 936
-
Employer
41 597
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
municipal
-
1 663
-
-
nationa
-
8 280
-
-
total
-
9 943
-
-
Dividends
-
24 557
-
-
withholding
-
6 385
-
-
total
-
6 385
-
-
Income
34 500
34 500
34 500
34 500
Total tax
21 931
16 328
17 936
16 019
After tax
12 569
18 172
16 564
18 481
Living cost
19 665
19 665
19 665
19 665
Free-cash
-7 096
-1 493
-3 101
-1 184

Estimated living cost  is ₴19665 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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