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
₴2614
₴10976
₴9138
₴8044
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.

-
-
-
5 022
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.

-
-
-
276
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.

-
-
-
3 354
trade
-
-
-
1 838
total
-
-
-
10 490
Employee

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

18 780
-
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
-
276
-
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.

525
-
5 022
-
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.

3 354
-
3 354
-
total
3 908
-
8 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 720
34 500
-
-
income
2 358
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.

130
284
-
-
chamber of commerce
97
124
-
-
trade
2 476
5 434
-
-
total
5 061
11 017
-
-
Dividends
10 659
23 483
-
-
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.

136
313
-
-
withholding
2 479
5 684
-
-
total
2 615
5 997
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 584
17 014
8 652
10 490
After tax
22 916
17 486
25 848
24 010
Living cost
14 872
14 872
14 872
14 872
Free-cash
8 044
2 614
10 976
9 138

Estimated living cost  is ₴14872 per week

₴9355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3505
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
-₴4476
-₴4372
-₴4643
-₴9469
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
-
-
-
3 384
national
-
-
-
5 244
pensions
-
-
-
4 140
total
-
-
-
13 139
Employee
40 311
-
29 825
-
municipal
4 979
-
3 517
-
pensions
1 612
-
1 193
-
national
7 716
-
5 451
-
total
14 307
-
10 161
-
Employer
40 311
-
29 825
-
pensions
3 225
-
2 386
-
social contributions
433
-
321
-
total
3 658
-
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
17 965
12 972
12 868
13 139
After tax
16 535
21 528
21 632
21 361
Living cost
26 004
26 004
26 004
26 004
Free-cash
-9 469
-4 476
-4 372
-4 643

Estimated living cost  is ₴26004 per week

₴17675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴389
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.
₴5523
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
₴17385
₴9397
₴17564
₴13357
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.

-
-
-
1 546
microenterprise
-
-
-
5 175
total
-
-
-
6 721
Employee
14 348
-
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.

1 578
-
3 058
-
income
2 554
-
5 132
-
total
4 132
-
8 190
-
Employer
14 348
-
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.

3 456
-
6 698
-
surtax
-
-
-
-
total
3 456
-
6 698
-
Corporate
16 696
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%.

3 340
6 900
-
-
total
3 340
6 900
-
-
Dividends

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

13 357
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 928
6 900
14 888
6 721
After tax
23 572
27 600
19 612
27 779
Living cost
10 215
10 215
10 215
10 215
Free-cash
13 357
17 385
9 397
17 564

Estimated living cost  is ₴10215 per week

₴6517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2493
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
-₴11501
-₴14257
-₴904
-₴14257
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
-
-
-
4 032
health
-
-
-
5 050
pensions
-
-
-
5 753
total
-
-
-
14 835
Employee
41 930
41 930
41 930
-
pensions
7 547
5 753
7 547
-
income

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

6 863
6 863
6 863
-
health
6 436
5 474
6 436
-
total
20 846
18 090
20 846
-
Employer
41 930
41 930
41 930
-
health
2 915
2 915
2 915
-
pensions
2 918
2 918
2 918
-
unemployment
1 509
1 509
1 509
-
total
7 342
7 342
7 342
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
28 188
25 432
28 188
14 835
After tax
6 312
9 068
6 312
19 665
Living cost
20 569
20 569
20 569
20 569
Free-cash
-14 257
-11 501
-14 257
-904

Estimated living cost  is ₴20569 per week

₴14577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1854
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.
₴3811
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
-₴1419
-₴1832
-₴3058
-₴3432
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
28 862
-
26 252
-
municipal
8 607
-
7 828
-
national
-
-
-
-
total
8 607
-
7 828
-
Employer
28 862
-
26 252
-
health
1 775
-
1 614
-
pensions
3 120
-
2 838
-
accident
58
-
53
-
unemployment
762
-
693
-
other
3 354
-
3 050
-
total
9 069
-
8 248
-
Corporate
-
34 500
-
-
income
-
7 590
-
-
total
-
7 590
-
-
Dividends
-
26 910
-
-
withholding
-
8 073
-
-
total
-
8 073
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 676
15 663
16 076
17 302
After tax
16 824
18 837
18 424
17 198
Living cost
20 256
20 256
20 256
20 256
Free-cash
-3 432
-1 419
-1 832
-3 058

Estimated living cost  is ₴20256 per week

₴13425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4536
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
-₴1980
₴6559
₴4640
₴4920
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.

-
-
-
5 022
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.

-
-
-
276
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.

-
-
-
3 354
trade
-
-
-
1 919
total
-
-
-
10 571
Employee

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

24 900
-
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.

117
-
276
-
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.

2 139
-
5 022
-
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.

3 354
-
3 354
-
total
5 610
-
8 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 600
34 500
-
-
income
1 440
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.

79
284
-
-
chamber of commerce
89
124
-
-
trade
1 579
5 676
-
-
total
3 187
11 259
-
-
Dividends
6 413
23 241
-
-
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
309
-
-
withholding
1 416
5 623
-
-
total
1 494
5 932
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 291
17 191
8 652
10 571
After tax
24 209
17 309
25 848
23 929
Living cost
19 289
19 289
19 289
19 289
Free-cash
4 920
-1 980
6 559
4 640

Estimated living cost  is ₴19289 per week

₴12901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2034
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.
₴4066
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
₴7470
₴8574
₴10191
₴7375
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
-
-
-
2 121
social contributions
-
-
-
5 382
health
-
-
-
880
total
-
-
-
8 383
Employee
37 756
37 756
37 756
-
social contributions
1 835
3 134
2 600
-
income
3 965
3 495
3 688
-
health
376
642
532
-
total
6 176
7 271
6 820
-
Employer
37 756
37 756
37 756
-
health
409
699
580
-
social contributions
1 835
3 134
2 600
-
total
2 244
3 833
3 180
-
Corporate
10 155
-
-
-
income
1 269
-
-
-
total
1 269
-
-
-
Dividends
8 886
-
-
-
withholding
1 510
-
-
-
total
1 510
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 199
11 104
10 000
8 383
After tax
23 301
23 396
24 500
26 117
Living cost
15 926
15 926
15 926
15 926
Free-cash
7 375
7 470
8 574
10 191

Estimated living cost  is ₴15926 per week

₴10887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
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
₴10475
₴10985
₴14885
₴10665
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
-
-
-
517
health
-
-
-
2 415
pensions
-
-
-
3 450
total
-
-
-
10 600
Employee

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

The minimum wage is 138,000 HUF per month.

13 014
5 179
28 870
-
unemployment
195
78
433
-
pensions
1 301
518
2 887
-
income
1 591
633
3 529
-
health
911
363
2 021
-
total
3 998
1 592
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.

13 014
5 179
28 870
-
pensions
2 538
1 010
5 630
-
total
2 538
1 010
5 630
-
Corporate
18 949
28 311
-
-
income
1 705
2 548
-
-
total
1 705
2 548
-
-
Dividends
17 243
25 763
-
-
social contributions
3 303
4 965
-
-
withholding
3 276
4 895
-
-
total
6 579
9 860
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 820
15 010
14 500
10 600
After tax
19 680
19 490
20 000
23 900
Living cost
9 015
9 015
9 015
9 015
Free-cash
10 665
10 475
10 985
14 885

Estimated living cost  is ₴9015 per week

₴6152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1945
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
₴15740
₴8027
₴6672
₴12689
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
-
-
-
4 583
health
-
-
-
4 485
pensions
-
-
-
6 900
total
-
-
-
15 968
Employee
13 929
-
25 784
-
unemployment
223
-
413
-
pensions
279
-
515
-
income
1 568
-
4 971
-
total
2 070
-
5 899
-
Employer
13 929
-
25 784
-
health
1 810
-
3 352
-
pensions
2 786
-
5 156
-
unemployment
112
-
206
-
total
4 708
-
8 714
-
Corporate
15 862
34 500
-
-
income
3 173
6 900
-
-
total
3 173
6 900
-
-
Dividends
12 690
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 951
6 900
14 613
15 968
After tax
24 549
27 600
19 887
18 532
Living cost
11 860
11 860
11 860
11 860
Free-cash
12 689
15 740
8 027
6 672

Estimated living cost  is ₴11860 per week

₴8134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Tallinn model

Close
Gdansk , Poland
-₴8153
₴6787
₴12828
₴1115
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
-
-
-
7 258
other
-
-
-
184
health
-
-
-
1 085
pensions
-
-
-
2 071
total
-
-
-
10 724
Employee
17 222
-
28 659
-
pensions
1 939
-
3 227
-
income
2 363
-
4 415
-
health
1 972
-
3 282
-
total
6 274
-
10 924
-
Employer
17 222
-
28 659
-
pensions
2 800
-
4 660
-
accident
288
-
479
-
unemployment
422
-
702
-
total
3 510
-
5 841
-
Corporate
13 768
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.

12 391
31 050
-
-
total
12 391
31 050
-
-
Dividends
1 377
3 450
-
-
withholding
262
655
-
-
total
262
655
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 437
31 705
16 765
10 724
After tax
12 063
2 795
17 735
23 776
Living cost
10 948
10 948
10 948
10 948
Free-cash
1 115
-8 153
6 787
12 828

Estimated living cost  is ₴10948 per week

₴8024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴28755
₴23580
₴30135
₴28001
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
5 025
-
34 500
-
income
1 005
-
6 900
-
total
1 005
-
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%.

29 475
34 500
-
-
total
-
-
-
-
Dividends
29 475
34 500
-
-
withholding
1 474
1 725
-
-
total
1 474
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 479
1 725
6 900
345
After tax
32 021
32 775
27 600
34 155
Living cost
4 020
4 020
4 020
4 020
Free-cash
28 001
28 755
23 580
30 135

Estimated living cost  is ₴4020 per week

₴2491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1084
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
₴12264
₴7137
₴5597
₴8946
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
-
-
-
1 639
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.

-
-
-
8 281
total
-
-
-
15 820
Employee
17 828
-
27 555
-
unemployment
178
-
276
-
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.

1 248
-
1 929
-
income
3 069
-
4 744
-
health
250
-
386
-
total
4 745
-
7 335
-
Employer
17 828
-
27 555
-
health
250
-
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.

3 031
-
4 684
-
accident
143
-
221
-
unemployment
178
-
276
-
other
892
-
1 378
-
total
4 494
-
6 945
-
Corporate
12 179
34 500
-
-
income
2 558
7 245
-
-
total
2 558
7 245
-
-
Dividends
9 621
27 255
-
-
withholding
674
1 908
-
-
total
674
1 908
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 471
9 153
14 280
15 820
After tax
22 029
25 347
20 220
18 680
Living cost
13 083
13 083
13 083
13 083
Free-cash
8 946
12 264
7 137
5 597

Estimated living cost  is ₴13083 per week

₴9244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
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.
₴2745
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
-₴6871
-₴10649
-₴6951
-₴18139
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
-
-
-
2 289
total
-
-
-
8 731
Employee
46 294
-
30 616
-
pensions
4 466
-
2 585
-
income
8 345
-
5 518
-
health
763
-
442
-
total
13 574
-
8 545
-
Employer
46 294
-
30 616
-
health
879
-
582
-
pensions
5 466
-
3 302
-
total
6 345
-
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
19 919
8 651
12 429
8 731
After tax
14 581
25 849
22 071
25 769
Living cost
32 720
32 720
32 720
32 720
Free-cash
-18 139
-6 871
-10 649
-6 951

Estimated living cost  is ₴32720 per week

₴24518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3844
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.
₴4092
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
₴23060
₴19099
₴18306
₴20779
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
-
-
-
1 973
pensions

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

-
-
-
2 539
total
-
-
-
9 756
Employee
8 525
-
31 135
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

749
-
1 506
-
income
852
-
3 113
-
health
392
-
789
-
total
2 087
-
5 597
-
Employer
8 525
-
31 135
-
health
588
-
1 184
-
pensions

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

940
-
1 890
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
unemployment
51
-
103
-
total
1 673
-
3 366
-
Corporate
24 302
34 500
-
-
income
2 430
3 450
-
-
total
2 430
3 450
-
-
Dividends
21 872
31 050
-
-
withholding
1 093
1 552
-
-
total
1 093
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 283
5 002
8 963
9 756
After tax
27 217
29 498
25 537
24 744
Living cost
6 438
6 438
6 438
6 438
Free-cash
20 779
23 060
19 099
18 306

Estimated living cost  is ₴6438 per week

₴3759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴460
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.
₴2049
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
-₴18159
-₴20915
-₴7562
-₴18992
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
-
-
-
4 032
health
-
-
-
5 050
pensions
-
-
-
5 753
total
-
-
-
14 835
Employee
45 523
41 930
41 930
-
pensions
5 753
5 753
7 547
-
income

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

6 863
6 863
6 863
-
health
5 679
5 474
6 436
-
total
18 295
18 090
20 846
-
Employer
45 523
41 930
41 930
-
health
3 163
2 915
2 915
-
pensions
3 168
2 918
2 918
-
unemployment
1 639
1 509
1 509
-
total
7 970
7 342
7 342
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
26 265
25 432
28 188
14 835
After tax
8 235
9 068
6 312
19 665
Living cost
27 227
27 227
27 227
27 227
Free-cash
-18 992
-18 159
-20 915
-7 562

Estimated living cost  is ₴27227 per week

₴20085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4399
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
₴11552
₴5305
₴4603
₴7199
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
-
-
-
4 657
total
-
-
-
17 696
Employee
17 942
-
25 746
-
solidarity contribution
-
-
-
-
social contributions
1 166
-
1 674
-
income
2 153
-
3 090
-
health
2 422
-
3 476
-
total
5 741
-
8 240
-
Employer
17 942
-
25 746
-
health
1 615
-
2 317
-
social contributions
4 486
-
6 437
-
total
6 101
-
8 754
-
Corporate
10 457
34 500
-
-
income
1 987
6 555
-
-
total
1 987
6 555
-
-
Dividends
8 470
27 945
-
-
withholding
1 271
4 192
-
-
total
1 271
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 100
10 747
16 994
17 696
After tax
19 400
23 753
17 506
16 804
Living cost
12 201
12 201
12 201
12 201
Free-cash
7 199
11 552
5 305
4 603

Estimated living cost  is ₴12201 per week

₴8475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2618
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
-₴2312
-₴3963
-₴2013
-₴9138
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
-
-
-
6 360
total
-
-
-
15 794
Employee
43 638
-
34 500
-
municipal
231
-
183
-
national
7 561
-
5 615
-
regional
412
-
313
-
social contributions
14 715
-
11 633
-
total
22 919
-
17 744
-
Employer
43 638
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
municipal
-
1 345
-
-
nationa
-
8 280
-
-
total
-
9 625
-
-
Dividends
-
24 875
-
-
withholding
-
6 468
-
-
total
-
6 468
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 919
16 093
17 744
15 794
After tax
11 581
18 407
16 756
18 706
Living cost
20 719
20 719
20 719
20 719
Free-cash
-9 138
-2 312
-3 963
-2 013

Estimated living cost  is ₴20719 per week

₴14443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4599
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
₴10865
₴7376
₴8134
₴9338
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
-
-
-
5 584
other
-
-
-
-
surtax
-
-
-
485
unemployment
-
-
-
112
health
-
-
-
2 450
pensions
-
-
-
6 900
total
-
-
-
15 531
Employee
16 237
-
28 501
-
other
-
-
-
-
unemployment
1 130
-
1 984
-
pensions
1 083
-
1 901
-
surtax
53
-
427
-
income
2 722
-
5 251
-
health
415
-
727
-
total
5 403
-
10 290
-
Employer
16 237
-
28 501
-
health
739
-
1 296
-
pensions
2 165
-
3 799
-
unemployment
514
-
904
-
other
-
-
-
-
total
3 418
-
5 999
-
Corporate
14 845
34 500
-
-
income
3 859
8 970
-
-
total
3 859
8 970
-
-
Dividends
10 985
25 530
-
-
withholding
1 647
3 830
-
-
total
1 647
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 327
12 800
16 289
15 531
After tax
20 173
21 700
18 211
18 969
Living cost
10 835
10 835
10 835
10 835
Free-cash
9 338
10 865
7 376
8 134

Estimated living cost  is ₴10835 per week

₴6625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2960
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
₴3496
-₴282
₴3416
-₴471
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
-
-
-
2 289
total
-
-
-
8 731
Employee
31 025
-
30 616
-
pensions
2 633
-
2 585
-
income
5 588
-
5 518
-
health
450
-
442
-
total
8 671
-
8 545
-
Employer
31 025
-
30 616
-
health
589
-
582
-
pensions
3 358
-
3 302
-
total
3 947
-
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
12 618
8 651
12 429
8 731
After tax
21 882
25 849
22 071
25 769
Living cost
22 353
22 353
22 353
22 353
Free-cash
-471
3 496
-282
3 416

Estimated living cost  is ₴22353 per week

₴16747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1675
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.
₴3697
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
-₴23036
-₴11443
-₴9671
-₴15246
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
-
-
-
881
health
-
-
-
127
city
-
-
-
363
national
-
-
-
124
pensions
-
-
-
3 175
total
-
-
-
5 360
Employee
45 419
-
30 879
-
unemployment
-
-
-
-
pensions
3 816
-
2 594
-
national
215
-
104
-
regional
1 487
-
750
-
city
487
-
332
-
health
103
-
70
-
total
6 108
-
3 850
-
Employer
45 419
-
30 879
-
health
103
-
70
-
pensions
3 816
-
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.

908
-
618
-
total
4 827
-
3 282
-
Corporate
-
34 500
-
-
regional
-
7 297
-
-
national
-
2 933
-
-
total
-
10 230
-
-
Dividends
-
24 271
-
-
withholding
-
8 495
-
-
total
-
8 495
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 935
18 725
7 132
5 360
After tax
23 565
15 775
27 368
29 140
Living cost
38 811
38 811
38 811
38 811
Free-cash
-15 246
-23 036
-11 443
-9 671

Estimated living cost  is ₴38811 per week

₴25238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴476
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.
₴9613
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
-₴5362
₴3355
₴1354
₴2602
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.

-
-
-
5 022
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.

-
-
-
276
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.

-
-
-
3 354
trade
-
-
-
2 001
total
-
-
-
10 653
Employee

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

29 509
-
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.

191
-
276
-
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.

3 470
-
5 022
-
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.

3 354
-
3 354
-
total
7 015
-
8 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 991
34 500
-
-
income
748
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.

41
284
-
-
chamber of commerce
82
123
-
-
trade
856
5 917
-
-
total
1 727
11 499
-
-
Dividends
3 264
23 001
-
-
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.

34
306
-
-
withholding
629
5 564
-
-
total
663
5 870
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 405
17 369
8 652
10 653
After tax
25 095
17 131
25 848
23 847
Living cost
22 493
22 493
22 493
22 493
Free-cash
2 602
-5 362
3 355
1 354

Estimated living cost  is ₴22493 per week

₴16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
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
₴590
₴3890
₴3732
₴3491
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
-
-
-
1 859
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
983
health
-
-
-
299
pensions
-
-
-
9 758
total
-
-
-
13 969
Employee
21 015
-
26 289
-
pensions
2 376
-
2 974
-
surtax
-
-
-
-
social contributions
599
-
749
-
income
1 240
-
1 878
-
total
4 215
-
5 601
-
Employer
21 015
-
26 289
-
health
1 471
-
1 840
-
pensions
3 452
-
4 319
-
unemployment
851
-
1 065
-
social contributions
63
-
79
-
other
725
-
907
-
total
6 562
-
8 210
-
Corporate
6 923
34 500
-
-
income
1 938
9 660
-
-
surtax
-
-
-
-
total
1 938
9 660
-
-
Dividends
4 985
24 840
-
-
surtax
-
-
-
-
social contributions
857
4 272
-
-
withholding
638
3 179
-
-
total
1 495
7 451
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 210
17 111
13 811
13 969
After tax
20 290
17 389
20 689
20 531
Living cost
16 799
16 799
16 799
16 799
Free-cash
3 491
590
3 890
3 732

Estimated living cost  is ₴16799 per week

₴10593
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.
₴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.
₴4555
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
₴2254
₴5554
₴5396
₴4981
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
-
-
-
1 859
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
983
health
-
-
-
299
pensions
-
-
-
9 758
total
-
-
-
13 969
Employee
18 758
-
26 289
-
pensions
2 122
-
2 974
-
surtax
-
-
-
-
social contributions
535
-
749
-
income
967
-
1 878
-
total
3 624
-
5 601
-
Employer
18 758
-
26 289
-
health
1 313
-
1 840
-
pensions
3 082
-
4 319
-
unemployment
759
-
1 065
-
social contributions
56
-
79
-
other
648
-
907
-
total
5 858
-
8 210
-
Corporate
9 883
34 500
-
-
income
2 767
9 660
-
-
surtax
-
-
-
-
total
2 767
9 660
-
-
Dividends
7 116
24 840
-
-
surtax
-
-
-
-
social contributions
1 224
4 272
-
-
withholding
911
3 179
-
-
total
2 135
7 451
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 384
17 111
13 811
13 969
After tax
20 116
17 389
20 689
20 531
Living cost
15 135
15 135
15 135
15 135
Free-cash
4 981
2 254
5 554
5 396

Estimated living cost  is ₴15135 per week

₴8777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4533
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
₴10636
₴10036
₴11744
₴10890
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
16 648
-
34 500
-
social contributions
2 298
-
4 761
-
income
2 777
-
6 883
-
health
1 162
-
2 408
-
total
6 237
-
14 052
-
Employer
16 648
-
34 500
-
total
-
-
-
-
Corporate
17 852
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%.

893
1 725
-
-
total
893
1 725
-
-
Dividends
16 959
32 775
-
-
social contributions
2 341
4 523
-
-
withholding
2 544
4 916
-
-
health
1 183
2 288
-
-
total
6 068
11 727
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 198
13 452
14 052
12 344
After tax
21 302
21 048
20 448
22 156
Living cost
10 412
10 412
10 412
10 412
Free-cash
10 890
10 636
10 036
11 744

Estimated living cost  is ₴10412 per week

₴6968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2561
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
₴2285
-₴5054
₴1306
₴1524
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
-
-
-
3 624
surtax
-
-
-
97
unemployment
-
-
-
3 012
chamber of commerce
-
-
-
138
health
-
-
-
2 639
pensions
-
-
-
6 383
total
-
-
-
15 893
Employee
24 539
19 567
26 714
-
other
245
196
267
-
unemployment
736
587
801
-
pensions
2 513
2 003
2 736
-
income
2 793
1 443
3 417
-
health
949
758
1 034
-
total
7 236
4 987
8 255
-
Employer
24 539
19 567
26 714
-
chamber of commerce
98
78
107
-
health
927
740
1 010
-
pensions
3 080
2 456
3 353
-
accident
319
254
348
-
unemployment
736
587
801
-
surtax
97
97
97
-
payroll
736
587
801
-
other
1 166
929
1 269
-
total
7 159
5 728
7 786
-
Corporate
2 804
9 204
24 850
-
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.

701
2 301
6 212
-
total
701
2 301
6 212
-
Dividends
2 103
6 903
-
-
withholding
579
1 898
-
-
total
579
1 898
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 675
14 914
22 253
15 893
After tax
18 825
19 586
12 247
18 607
Living cost
17 301
17 301
17 301
17 301
Free-cash
1 524
2 285
-5 054
1 306

Estimated living cost  is ₴17301 per week

₴11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
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.
₴4002
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
₴1499
-₴3580
-₴309
-₴10846
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
-
-
-
4 594
national
-
-
-
10 517
total
-
-
-
16 906
Employee

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

35 122
-
26 721
-
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.

306
-
232
-
communal

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

1 832
-
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.

2 634
-
2 004
-
national
10 798
-
7 511
-
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.

1 650
-
1 256
-
total
17 220
-
12 397
-
Employer

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

35 122
-
26 721
-
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.

2 160
-
1 644
-
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.

3 112
-
2 368
-
accident

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

457
-
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.

512
-
390
-
surtax
3 982
-
3 030
-
total
10 223
-
7 780
-
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.

-
8 060
-
-
total
-
8 060
-
-
Income
34 500
34 500
34 500
34 500
Total tax
27 443
15 098
20 177
16 906
After tax
7 057
19 402
14 323
17 594
Living cost
17 903
17 903
17 903
17 903
Free-cash
-10 846
1 499
-3 580
-309

Estimated living cost  is ₴17903 per week

₴11532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4526
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
₴5547
₴1126
₴884
₴1561
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
-
-
-
5 536
other
-
-
-
34
unemployment
-
-
-
241
pensions
-
-
-
9 763
total
-
-
-
15 884
Employee
24 441
-
26 161
-
other
24
-
26
-
unemployment
379
-
405
-
pensions
1 149
-
1 230
-
income
5 157
-
5 641
-
total
6 709
-
7 302
-
Employer
24 441
-
26 161
-
pensions
5 768
-
6 174
-
accident
484
-
518
-
unemployment
1 345
-
1 439
-
other
195
-
209
-
total
7 792
-
8 340
-
Corporate
2 268
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.

340
5 175
-
-
total
340
5 175
-
-
Dividends
1 928
29 325
-
-
withholding
366
6 046
-
-
total
366
6 046
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 207
11 221
15 642
15 884
After tax
19 293
23 279
18 858
18 616
Living cost
17 732
17 732
17 732
17 732
Free-cash
1 561
5 547
1 126
884

Estimated living cost  is ₴17732 per week

₴13058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3161
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
-₴5213
-₴3812
-₴4454
-₴7127
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
-
-
-
2 028
surtax
-
-
-
1 825
health
-
-
-
2 587
pensions
-
-
-
5 520
total
-
-
-
12 270
Employee
37 184
-
30 817
-
pensions
2 974
-
2 466
-
surtax
2 279
-
1 889
-
income
3 592
-
2 217
-
health
1 655
-
1 372
-
total
10 500
-
7 944
-
Employer
37 184
-
30 817
-
health
1 134
-
940
-
pensions
2 974
-
2 466
-
accident
335
-
278
-
total
4 443
-
3 684
-
Corporate
-
34 500
-
-
communal
-
2 329
-
-
income
-
5 175
-
-
surtax
-
362
-
-
total
-
7 866
-
-
Dividends
-
26 634
-
-
income
-
1 168
-
-
withholding
-
3 995
-
-
total
-
5 163
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 943
13 029
11 628
12 270
After tax
19 557
21 471
22 872
22 230
Living cost
26 684
26 684
26 684
26 684
Free-cash
-7 127
-5 213
-3 812
-4 454

Estimated living cost  is ₴26684 per week

₴20017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
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.
₴4767
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
₴10671
₴7182
₴7940
₴9110
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
-
-
-
5 584
other
-
-
-
-
surtax
-
-
-
485
unemployment
-
-
-
112
health
-
-
-
2 450
pensions
-
-
-
6 900
total
-
-
-
15 531
Employee
16 536
-
28 501
-
other
-
-
-
-
unemployment
1 151
-
1 984
-
pensions
1 103
-
1 901
-
surtax
59
-
427
-
income
2 772
-
5 251
-
health
422
-
727
-
total
5 507
-
10 290
-
Employer
16 536
-
28 501
-
health
752
-
1 296
-
pensions
2 205
-
3 799
-
unemployment
525
-
904
-
other
-
-
-
-
total
3 482
-
5 999
-
Corporate
14 483
34 500
-
-
income
3 765
8 970
-
-
total
3 765
8 970
-
-
Dividends
10 718
25 530
-
-
withholding
1 607
3 830
-
-
total
1 607
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 361
12 800
16 289
15 531
After tax
20 139
21 700
18 211
18 969
Living cost
11 029
11 029
11 029
11 029
Free-cash
9 110
10 671
7 182
7 940

Estimated living cost  is ₴11029 per week

₴6659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3156
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
₴4907
₴3378
₴5315
₴3816
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
-
-
-
6 360
total
-
-
-
15 958
Employee
27 237
-
34 500
-
municipal
144
-
183
-
national
4 315
-
5 615
-
regional
367
-
464
-
social contributions
9 185
-
11 633
-
total
14 011
-
17 895
-
Employer
27 237
-
34 500
-
total
-
-
-
-
Corporate
7 263
34 500
-
-
municipal
361
1 714
-
-
nationa
1 743
8 280
-
-
total
2 104
9 994
-
-
Dividends
5 159
24 506
-
-
withholding
1 342
6 372
-
-
total
1 342
6 372
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 457
16 366
17 895
15 958
After tax
17 043
18 134
16 605
18 542
Living cost
13 227
13 227
13 227
13 227
Free-cash
3 816
4 907
3 378
5 315

Estimated living cost  is ₴13227 per week

₴8226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
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.
₴3435
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
₴8718
₴2471
₴1769
₴3355
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
-
-
-
4 657
total
-
-
-
17 696
Employee
22 110
-
25 746
-
solidarity contribution
-
-
-
-
social contributions
1 437
-
1 674
-
income
2 653
-
3 090
-
health
2 985
-
3 476
-
total
7 075
-
8 240
-
Employer
22 110
-
25 746
-
health
1 990
-
2 317
-
social contributions
5 527
-
6 437
-
total
7 517
-
8 754
-
Corporate
4 873
34 500
-
-
income
926
6 555
-
-
total
926
6 555
-
-
Dividends
3 947
27 945
-
-
withholding
592
4 192
-
-
total
592
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 110
10 747
16 994
17 696
After tax
18 390
23 753
17 506
16 804
Living cost
15 035
15 035
15 035
15 035
Free-cash
3 355
8 718
2 471
1 769

Estimated living cost  is ₴15035 per week

₴11181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2761
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
₴3973
-₴3397
₴3039
₴3730
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
-
-
-
3 624
surtax
-
-
-
-
unemployment
-
-
-
3 012
chamber of commerce
-
-
-
138
health
-
-
-
2 639
pensions
-
-
-
6 383
total
-
-
-
15 796
Employee
21 463
19 567
26 789
-
other
214
196
268
-
unemployment
644
587
804
-
pensions
2 198
2 003
2 743
-
income
1 912
1 443
3 438
-
health
830
758
1 037
-
total
5 798
4 987
8 290
-
Employer
21 463
19 567
26 789
-
chamber of commerce
86
78
107
-
health
812
740
1 013
-
pensions
2 694
2 456
3 362
-
accident
279
254
348
-
unemployment
644
587
804
-
surtax
-
-
-
-
payroll
644
587
804
-
other
1 019
929
1 272
-
total
6 178
5 631
7 710
-
Corporate
6 860
9 301
24 926
-
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.

1 714
2 325
6 232
-
total
1 714
2 325
6 232
-
Dividends
5 145
6 976
-
-
withholding
1 415
1 919
-
-
total
1 415
1 919
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 105
14 862
22 232
15 796
After tax
19 395
19 638
12 268
18 704
Living cost
15 665
15 665
15 665
15 665
Free-cash
3 730
3 973
-3 397
3 039

Estimated living cost  is ₴15665 per week

₴9397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4389
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
₴26511
₴21336
₴27891
₴25336
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
7 830
-
34 500
-
income
1 566
-
6 900
-
total
1 566
-
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%.

26 670
34 500
-
-
total
-
-
-
-
Dividends
26 670
34 500
-
-
withholding
1 334
1 725
-
-
total
1 334
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 900
1 725
6 900
345
After tax
31 600
32 775
27 600
34 155
Living cost
6 264
6 264
6 264
6 264
Free-cash
25 336
26 511
21 336
27 891

Estimated living cost  is ₴6264 per week

₴4239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1552
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
₴10583
₴4331
₴5319
₴6477
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
-
-
-
6 263
unemployment
-
-
-
52
health
-
-
-
3 395
pensions
-
-
-
6 301
total
-
-
-
16 011
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.

21 713
-
29 852
-
unemployment
31
-
42
-
pensions
3 366
-
4 627
-
income
3 744
-
5 753
-
health
1 402
-
1 929
-
total
8 543
-
12 351
-
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.

21 713
-
29 852
-
health
1 446
-
1 988
-
pensions
1 921
-
2 642
-
unemployment
13
-
18
-
total
3 380
-
4 648
-
Corporate
9 407
34 500
-
-
income
1 787
6 555
-
-
total
1 787
6 555
-
-
Dividends
7 620
27 945
-
-
withholding
1 143
4 192
-
-
total
1 143
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 853
10 747
16 999
16 011
After tax
19 647
23 753
17 501
18 489
Living cost
13 170
13 170
13 170
13 170
Free-cash
6 477
10 583
4 331
5 319

Estimated living cost  is ₴13170 per week

₴9038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3033
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
-₴561
₴6379
₴2291
-₴39971
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
30 900
-
-
-
social contributions
2 534
-
361
-
income
6 816
-
-
-
total
9 350
-
361
-
Employer
30 900
-
-
-
social contributions
43 570
-
6 209
-
total
43 570
-
6 209
-
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
52 920
13 510
6 570
10 658
After tax
-18 420
20 990
27 930
23 842
Living cost
21 551
21 551
21 551
21 551
Free-cash
-39 971
-561
6 379
2 291

Estimated living cost  is ₴21551 per week

₴13983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴5266
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
₴4223
₴3033
₴4263
₴3729
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
-
-
-
2 848
surtax
-
-
-
-
social contributions

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

-
-
-
11 988
total
-
-
-
14 836
Employee
22 583
-
27 879
-
surtax
-
-
-
-
social contributions
2 484
-
3 067
-
income
4 697
-
6 378
-
total
7 181
-
9 445
-
Employer
22 583
-
27 879
-
social contributions
5 363
-
6 621
-
total
5 363
-
6 621
-
Corporate
6 554
34 500
-
-
income
1 376
7 245
-
-
surtax
-
-
-
-
total
1 376
7 245
-
-
Dividends
5 178
27 255
-
-
withholding
1 450
7 631
-
-
total
1 450
7 631
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 370
14 876
16 066
14 836
After tax
19 130
19 624
18 434
19 664
Living cost
15 401
15 401
15 401
15 401
Free-cash
3 729
4 223
3 033
4 263

Estimated living cost  is ₴15401 per week

₴11523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴908
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.
₴2712
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
-₴6326
-₴3026
-₴3184
-₴5856
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
-
-
-
1 859
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
983
health
-
-
-
299
pensions
-
-
-
9 758
total
-
-
-
13 969
Employee
30 753
-
26 289
-
pensions
3 478
-
2 974
-
surtax
-
-
-
-
social contributions
876
-
749
-
income
2 683
-
1 878
-
total
7 037
-
5 601
-
Employer
30 753
-
26 289
-
health
2 152
-
1 840
-
pensions
5 053
-
4 319
-
unemployment
1 246
-
1 065
-
social contributions
92
-
79
-
other
1 061
-
907
-
total
9 604
-
8 210
-
Corporate
-
34 500
-
-
income
-
9 660
-
-
surtax
-
-
-
-
total
-
9 660
-
-
Dividends
-
24 840
-
-
surtax
-
-
-
-
social contributions
-
4 272
-
-
withholding
-
3 179
-
-
total
-
7 451
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 641
17 111
13 811
13 969
After tax
17 859
17 389
20 689
20 531
Living cost
23 715
23 715
23 715
23 715
Free-cash
-5 856
-6 326
-3 026
-3 184

Estimated living cost  is ₴23715 per week

₴16050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
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.
₴5400
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
₴16290
₴12889
₴11923
₴14640
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
-
-
-
227
social contributions
-
-
-
7 590
total
-
-
-
7 817
Employee
15 785
-
29 870
-
income
-
-
279
-
social contributions
1 026
-
1 942
-
total
1 026
-
2 221
-
Employer
15 785
-
29 870
-
social contributions
2 447
-
4 630
-
total
2 447
-
4 630
-
Corporate
16 268
34 500
-
-
income
1 627
3 450
-
-
total
1 627
3 450
-
-
Dividends
14 641
31 050
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
5 100
3 450
6 851
7 817
After tax
29 400
31 050
27 649
26 683
Living cost
14 760
14 760
14 760
14 760
Free-cash
14 640
16 290
12 889
11 923

Estimated living cost  is ₴14760 per week

₴9543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3826
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
-₴72427
-₴72427
-₴1647
-₴72427
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
-
-
-
5 924
national
-
-
-
3 437
pensions
-
-
-
425
total
-
-
-
12 512
Employee
99 759
99 759
99 759
-
municipal
21 243
21 243
21 243
-
labour market
7 969
7 969
7 969
-
pensions
142
142
142
-
national
12 187
12 187
12 187
-
total
41 541
41 541
41 541
-
Employer
99 759
99 759
99 759
-
national
12 209
12 209
12 209
-
labour market
7 981
7 981
7 981
-
pensions
284
284
284
-
municipal
21 277
21 277
21 277
-
total
41 751
41 751
41 751
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
83 292
83 292
83 292
12 512
After tax
-48 792
-48 792
-48 792
21 988
Living cost
23 635
23 635
23 635
23 635
Free-cash
-72 427
-72 427
-72 427
-1 647

Estimated living cost  is ₴23635 per week

₴16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴363
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.
₴5005
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
-₴7992
₴6948
₴12989
₴1140
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
-
-
-
7 258
other
-
-
-
184
health
-
-
-
1 085
pensions
-
-
-
2 071
total
-
-
-
10 724
Employee
16 969
-
28 659
-
pensions
1 911
-
3 227
-
income
2 328
-
4 415
-
health
1 943
-
3 282
-
total
6 182
-
10 924
-
Employer
16 969
-
28 659
-
pensions
2 759
-
4 660
-
accident
283
-
479
-
unemployment
416
-
702
-
total
3 458
-
5 841
-
Corporate
14 073
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.

12 666
31 050
-
-
total
12 666
31 050
-
-
Dividends
1 407
3 450
-
-
withholding
267
655
-
-
total
267
655
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 573
31 705
16 765
10 724
After tax
11 927
2 795
17 735
23 776
Living cost
10 787
10 787
10 787
10 787
Free-cash
1 140
-7 992
6 948
12 989

Estimated living cost  is ₴10787 per week

₴7852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2118
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
₴4765
₴1987
₴7027
₴2625
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
-
-
-
326
municipal
-
-
-
6 152
national
-
-
-
2 144
total
-
-
-
8 622
Employee
25 833
-
29 024
-
municipal
4 231
-
4 749
-
unemployment
388
-
435
-
pensions
1 743
-
1 960
-
national
427
-
800
-
health
193
-
242
-
total
6 982
-
8 186
-
Employer
25 833
-
29 024
-
health
198
-
224
-
pensions
4 482
-
5 035
-
accident
26
-
29
-
unemployment
168
-
188
-
total
4 874
-
5 476
-
Corporate
3 793
34 500
-
-
income
758
6 900
-
-
total
758
6 900
-
-
Dividends

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

2 276
20 700
-
-
municipal
410
3 726
-
-
national
-
258
-
-
total
410
3 984
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 024
10 884
13 662
8 622
After tax
21 476
23 616
20 838
25 878
Living cost
18 851
18 851
18 851
18 851
Free-cash
2 625
4 765
1 987
7 027

Estimated living cost  is ₴18851 per week

₴12314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4425
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
₴12028
₴13132
₴14749
₴11297
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
-
-
-
2 121
social contributions
-
-
-
5 382
health
-
-
-
880
total
-
-
-
8 383
Employee
37 756
37 756
37 756
-
social contributions
1 427
3 134
2 600
-
income
4 111
3 495
3 688
-
health
293
642
532
-
total
5 831
7 271
6 820
-
Employer
37 756
37 756
37 756
-
health
318
699
580
-
social contributions
1 427
3 134
2 600
-
total
1 745
3 833
3 180
-
Corporate
15 555
-
-
-
income
1 945
-
-
-
total
1 945
-
-
-
Dividends
13 611
-
-
-
withholding
2 314
-
-
-
total
2 314
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 835
11 104
10 000
8 383
After tax
22 665
23 396
24 500
26 117
Living cost
11 368
11 368
11 368
11 368
Free-cash
11 297
12 028
13 132
14 749

Estimated living cost  is ₴11368 per week

₴6813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3189
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
₴20774
₴13534
₴18709
₴18273
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
-
-
-
3 081
unemployment
-
-
-
14
health
-
-
-
1 777
pensions
-
-
-
3 123
total
-
-
-
7 995
Employee

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

11 270
-
31 279
-
unemployment
56
-
157
-
pensions
1 690
-
4 692
-
income
771
-
2 441
-
health
958
-
2 658
-
total
3 475
-
9 948
-
Employer

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

11 270
-
31 279
-
health
485
-
1 345
-
pensions
620
-
1 720
-
unemployment
56
-
157
-
total
1 161
-
3 222
-
Corporate
22 070
34 500
-
-
income
1 987
3 105
-
-
total
1 987
3 105
-
-
Dividends
20 083
31 395
-
-
withholding
1 808
2 825
-
-
total
1 808
2 825
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 431
5 930
13 170
7 995
After tax
26 069
28 570
21 330
26 505
Living cost
7 796
7 796
7 796
7 796
Free-cash
18 273
20 774
13 534
18 709

Estimated living cost  is ₴7796 per week

₴4974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2028
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
₴9777
₴5356
₴5114
₴7202
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
-
-
-
5 536
other
-
-
-
34
unemployment
-
-
-
241
pensions
-
-
-
9 763
total
-
-
-
15 884
Employee
18 156
-
26 161
-
other
18
-
26
-
unemployment
281
-
405
-
pensions
854
-
1 230
-
income
3 500
-
5 641
-
total
4 653
-
7 302
-
Employer
18 156
-
26 161
-
pensions
4 284
-
6 174
-
accident
360
-
518
-
unemployment
999
-
1 439
-
other
145
-
209
-
total
5 788
-
8 340
-
Corporate
10 556
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.

1 583
5 175
-
-
total
1 583
5 175
-
-
Dividends
8 973
29 325
-
-
withholding
1 772
6 046
-
-
total
1 772
6 046
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 796
11 221
15 642
15 884
After tax
20 704
23 279
18 858
18 616
Living cost
13 502
13 502
13 502
13 502
Free-cash
7 202
9 777
5 356
5 114

Estimated living cost  is ₴13502 per week

₴9114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2854
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
₴20568
₴20833
₴20901
₴20409
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
-
-
-
11 431
health
-
-
-
508
pensions
-
-
-
700
total
-
-
-
12 639
Employee
1 463
-
33 712
-
unemployment
15
-
35
-
pensions
132
-
315
-
income
283
-
11 394
-
health
73
-
175
-
total
503
-
11 919
-
Employer
1 463
-
33 712
-
health
139
-
333
-
pensions
161
-
385
-
unemployment
29
-
70
-
total
329
-
788
-
Corporate
32 708
34 500
-
-
income
7 196
7 590
-
-
total
7 196
7 590
-
-
Dividends
25 513
26 910
-
-
withholding
5 103
5 382
-
-
total
5 103
5 382
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 131
12 972
12 707
12 639
After tax
21 369
21 528
21 793
21 861
Living cost
960
960
960
960
Free-cash
20 409
20 568
20 833
20 901

Estimated living cost  is ₴960 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴16435
₴9722
₴8401
₴14020
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
-
-
-
4 566
unemployment
-
-
-
518
health
-
-
-
3 554
pensions
-
-
-
8 970
total
-
-
-
17 608
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.

12 804
-
29 262
-
unemployment
96
-
219
-
pensions
1 793
-
4 097
-
income
1 765
-
5 227
-
health
659
-
1 507
-
total
4 313
-
11 050
-
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.

12 804
-
29 262
-
health
659
-
1 507
-
pensions
1 536
-
3 511
-
unemployment
96
-
219
-
total
2 291
-
5 237
-
Corporate
19 404
34 500
-
-
income
2 911
5 175
-
-
total
2 911
5 175
-
-
Dividends
16 494
29 325
-
-
withholding
2 474
4 399
-
-
total
2 474
4 399
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 989
9 574
16 287
17 608
After tax
22 511
24 926
18 213
16 892
Living cost
8 491
8 491
8 491
8 491
Free-cash
14 020
16 435
9 722
8 401

Estimated living cost  is ₴8491 per week

₴5717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴6387
₴5197
₴6427
₴6209
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
-
-
-
2 848
surtax
-
-
-
-
social contributions

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

-
-
-
11 988
total
-
-
-
14 836
Employee
19 057
-
27 879
-
surtax
-
-
-
-
social contributions
2 097
-
3 067
-
income
3 724
-
6 378
-
total
5 821
-
9 445
-
Employer
19 057
-
27 879
-
social contributions
4 526
-
6 621
-
total
4 526
-
6 621
-
Corporate
10 917
34 500
-
-
income
2 292
7 245
-
-
surtax
-
-
-
-
total
2 292
7 245
-
-
Dividends
8 625
27 255
-
-
withholding
2 415
7 631
-
-
total
2 415
7 631
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 054
14 876
16 066
14 836
After tax
19 446
19 624
18 434
19 664
Living cost
13 237
13 237
13 237
13 237
Free-cash
6 209
6 387
5 197
6 427

Estimated living cost  is ₴13237 per week

₴9376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2708
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
₴6023
₴1602
₴1360
₴2222
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
-
-
-
5 536
other
-
-
-
34
unemployment
-
-
-
241
pensions
-
-
-
9 763
total
-
-
-
15 884
Employee
23 714
-
26 161
-
other
23
-
26
-
unemployment
367
-
405
-
pensions
1 114
-
1 230
-
income
4 953
-
5 641
-
total
6 457
-
7 302
-
Employer
23 714
-
26 161
-
pensions
5 596
-
6 174
-
accident
470
-
518
-
unemployment
1 304
-
1 439
-
other
190
-
209
-
total
7 560
-
8 340
-
Corporate
3 226
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.

484
5 175
-
-
total
484
5 175
-
-
Dividends
2 742
29 325
-
-
withholding
521
6 046
-
-
total
521
6 046
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 022
11 221
15 642
15 884
After tax
19 478
23 279
18 858
18 616
Living cost
17 256
17 256
17 256
17 256
Free-cash
2 222
6 023
1 602
1 360

Estimated living cost  is ₴17256 per week

₴12393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3279
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
₴21051
₴17090
₴16297
₴18056
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
-
-
-
1 973
pensions

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

-
-
-
2 539
total
-
-
-
9 756
Employee
11 186
-
31 135
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

982
-
1 506
-
income
1 119
-
3 113
-
health
515
-
789
-
total
2 739
-
5 597
-
Employer
11 186
-
31 135
-
health
772
-
1 184
-
pensions

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

1 233
-
1 890
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
unemployment
67
-
103
-
total
2 195
-
3 366
-
Corporate
21 120
34 500
-
-
income
2 112
3 450
-
-
total
2 112
3 450
-
-
Dividends
19 008
31 050
-
-
withholding
951
1 552
-
-
total
951
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 997
5 002
8 963
9 756
After tax
26 503
29 498
25 537
24 744
Living cost
8 447
8 447
8 447
8 447
Free-cash
18 056
21 051
17 090
16 297

Estimated living cost  is ₴8447 per week

₴5587
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.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2176
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
-₴1117
₴6891
₴5217
₴5308
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.

-
-
-
5 022
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.

-
-
-
276
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.

-
-
-
3 354
trade
-
-
-
1 674
total
-
-
-
10 326
Employee

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

24 431
-
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
-
276
-
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.

2 009
-
5 022
-
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.

3 354
-
3 354
-
total
5 474
-
8 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 069
34 500
-
-
income
1 510
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.

83
284
-
-
chamber of commerce
89
125
-
-
trade
1 445
4 951
-
-
total
3 127
10 535
-
-
Dividends
6 941
23 965
-
-
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.

85
320
-
-
withholding
1 549
5 805
-
-
total
1 634
6 125
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 235
16 660
8 652
10 326
After tax
24 265
17 840
25 848
24 174
Living cost
18 957
18 957
18 957
18 957
Free-cash
5 308
-1 117
6 891
5 217

Estimated living cost  is ₴18957 per week

₴13077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴3565
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
-₴3820
-₴1915
-₴1915
-₴3908
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
-
-
-
5 684
social contributions
-
-
-
2 761
total
-
-
-
8 445
Employee
38 408
-
34 500
-
income
7 247
-
5 684
-
social contributions
3 191
-
2 761
-
total
10 438
-
8 445
-
Employer
38 408
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
income
-
4 312
-
-
total
-
4 312
-
-
Dividends
-
30 188
-
-
withholding
-
6 038
-
-
total
-
6 038
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 438
10 350
8 445
8 445
After tax
24 062
24 150
26 055
26 055
Living cost
27 970
27 970
27 970
27 970
Free-cash
-3 908
-3 820
-1 915
-1 915

Estimated living cost  is ₴27970 per week

₴21279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₴2007
₴7286
-₴281
₴4850
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
-
-
-
13 977
health

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

-
-
-
2 980
total
-
-
-
16 957
Employee
22 525
-
32 241
-
income
2 444
-
4 872
-
social contributions
2 257
-
2 259
-
total
4 701
-
7 131
-
Employer
22 525
-
32 241
-
social contributions
2 257
-
2 259
-
total
2 257
-
2 259
-
Corporate
9 719
34 500
-
-
income
3 402
12 075
-
-
total
3 402
12 075
-
-
Dividends
6 317
22 425
-
-
social contributions
1 466
2 594
-
-
total
1 466
2 594
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 826
14 669
9 390
16 957
After tax
22 674
19 831
25 110
17 543
Living cost
17 824
17 824
17 824
17 824
Free-cash
4 850
2 007
7 286
-281

Estimated living cost  is ₴17824 per week

₴11740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4405
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
₴7676
₴3898
₴7596
₴4915
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
-
-
-
2 289
total
-
-
-
8 731
Employee
24 944
-
30 616
-
pensions
1 904
-
2 585
-
income
4 543
-
5 518
-
health
325
-
442
-
total
6 772
-
8 545
-
Employer
24 944
-
30 616
-
health
474
-
582
-
pensions
2 520
-
3 302
-
total
2 994
-
3 884
-
Corporate
6 561
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.

1 247
6 555
-
-
total
1 247
6 555
-
-
Dividends
5 315
27 945
-
-
withholding
399
2 096
-
-
total
399
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 412
8 651
12 429
8 731
After tax
23 088
25 849
22 071
25 769
Living cost
18 173
18 173
18 173
18 173
Free-cash
4 915
7 676
3 898
7 596

Estimated living cost  is ₴18173 per week

₴12466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1671
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.
₴3807
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
-₴9060
₴5880
₴11921
₴977
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
-
-
-
7 258
other
-
-
-
184
health
-
-
-
1 085
pensions
-
-
-
2 071
total
-
-
-
10 724
Employee
18 648
-
28 659
-
pensions
2 100
-
3 227
-
income
2 558
-
4 415
-
health
2 135
-
3 282
-
total
6 793
-
10 924
-
Employer
18 648
-
28 659
-
pensions
3 032
-
4 660
-
accident
311
-
479
-
unemployment
457
-
702
-
total
3 800
-
5 841
-
Corporate
12 051
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.

10 846
31 050
-
-
total
10 846
31 050
-
-
Dividends
1 205
3 450
-
-
withholding
229
655
-
-
total
229
655
-
-
Income
34 500
34 500
34 500
34 500
Total tax
21 668
31 705
16 765
10 724
After tax
12 832
2 795
17 735
23 776
Living cost
11 855
11 855
11 855
11 855
Free-cash
977
-9 060
5 880
11 921

Estimated living cost  is ₴11855 per week

₴8700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₴22691
₴13477
₴13477
₴20302
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
-
-
-
4 901
unemployment
-
-
-
414
work injury
-
-
-
173
health insurance
-
-
-
2 553
pensions
-
-
-
6 348
total
-
-
-
14 389
Employee

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

10 615
-
34 500
-
health insurance
786
-
2 553
-
unemployment
127
-
414
-
work injury
53
-
173
-
pensions
1 953
-
6 348
-
income
1 062
-
4 901
-
total
3 981
-
14 389
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 885
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
23 885
34 500
-
-
withholding
3 583
5 175
-
-
total
3 583
5 175
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 564
5 175
14 389
14 389
After tax
26 936
29 325
20 111
20 111
Living cost
6 634
6 634
6 634
6 634
Free-cash
20 302
22 691
13 477
13 477

Estimated living cost  is ₴6634 per week

₴4110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₴1389
-₴2999
-₴1085
-₴6877
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
-
-
-
560
municipal
-
-
-
231
national
-
-
-
6 360
total
-
-
-
16 024
Employee
41 376
-
34 500
-
municipal
247
-
206
-
national
6 992
-
5 615
-
regional
625
-
484
-
social contributions
13 952
-
11 633
-
total
21 816
-
17 938
-
Employer
41 376
-
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
21 816
16 328
17 938
16 024
After tax
12 684
18 172
16 562
18 476
Living cost
19 561
19 561
19 561
19 561
Free-cash
-6 877
-1 389
-2 999
-1 085

Estimated living cost  is ₴19561 per week

₴13740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close