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

Valencia , Spain
₴13284
₴9555
₴10531
₴14867
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
unemployment
-
-
-
197
income
-
-
-
7 158
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 973
total
-
-
-
15 610
Employee
11 240
-
26 160
-
unemployment
174
-
406
-
pensions
528
-
1 229
-
income
2 167
-
6 585
-
other
11
-
26
-
total
2 880
-
8 246
-
Employer
11 240
-
26 160
-
pensions
2 652
-
6 174
-
accident
223
-
518
-
unemployment
618
-
1 439
-
other
90
-
209
-
total
3 583
-
8 340
-
Corporate
19 677
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.

2 951
5 175
-
-
total
2 951
5 175
-
-
Dividends
16 725
29 325
-
-
withholding
3 443
6 099
-
-
total
3 443
6 099
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 857
11 274
16 586
15 610
After tax
21 643
23 226
17 914
18 890
Living cost
8 359
8 359
8 359
8 359
Free-cash
13 284
14 867
9 555
10 531

Estimated living cost  is ₴8359 per week

₴5642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴15194
₴11909
₴10484
₴17247
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
pensions

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

-
-
-
8 280
income
-
-
-
4 479
other
-
-
-
1 639
health
-
-
-
1 518
total
-
-
-
15 916
Employee
11 037
-
27 556
-
health
155
-
386
-
unemployment
110
-
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.

772
-
1 929
-
income
1 900
-
4 955
-
total
2 937
-
7 546
-
Employer
11 037
-
27 556
-
health
155
-
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.

1 877
-
4 685
-
accident
88
-
220
-
unemployment
110
-
276
-
other
552
-
1 378
-
total
2 782
-
6 945
-
Corporate
20 681
34 500
-
-
income
4 343
7 245
-
-
total
4 343
7 245
-
-
Dividends
16 338
27 255
-
-
withholding
1 144
1 908
-
-
total
1 144
1 908
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 206
9 153
14 491
15 916
After tax
23 294
25 347
20 009
18 584
Living cost
8 100
8 100
8 100
8 100
Free-cash
15 194
17 247
11 909
10 484

Estimated living cost  is ₴8100 per week

₴5723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴24106
₴23659
₴22512
₴25516
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
pensions

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

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
5 175
health
-
-
-
1 220
total
-
-
-
8 007
Employee
5 272
-
32 419
-
health
242
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
931
-
income
527
-
3 242
-
total
1 290
-
4 778
-
Employer
5 272
-
32 419
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
28 194
34 500
-
-
income
2 819
3 450
-
-
total
2 819
3 450
-
-
Dividends
25 375
31 050
-
-
withholding
1 269
1 553
-
-
total
1 269
1 553
-
-
Income
34 500
34 500
34 500
34 500
Total tax
6 413
5 003
6 860
8 007
After tax
28 087
29 497
27 640
26 493
Living cost
3 981
3 981
3 981
3 981
Free-cash
24 106
25 516
23 659
22 512

Estimated living cost  is ₴3981 per week

₴2324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴105
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.
₴1267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴8783
₴10668
₴9350
₴6987
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
-
-
-
3 866
other
-
-
-
1 070
health
-
-
-
864
social contributions
-
-
-
983
pensions
-
-
-
7 967
surtax
-
-
-
-
total
-
-
-
14 750
Employee
13 010
-
27 747
-
pensions
1 471
-
1 473
-
income
768
-
4 416
-
social contributions
371
-
790
-
surtax
-
-
-
-
total
2 610
-
6 679
-
Employer
13 010
-
27 747
-
health
911
-
2 027
-
social contributions
39
-
83
-
pensions
2 137
-
2 562
-
unemployment
527
-
1 124
-
other
449
-
957
-
total
4 063
-
6 753
-
Corporate
17 427
34 500
-
-
income
4 880
9 660
-
-
surtax
-
-
-
-
total
4 880
9 660
-
-
Dividends
12 548
24 840
-
-
social contributions
2 158
4 273
-
-
surtax
-
-
-
-
withholding
1 606
3 180
-
-
total
3 764
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 317
17 113
13 432
14 750
After tax
19 183
17 387
21 068
19 750
Living cost
10 400
10 400
10 400
10 400
Free-cash
8 783
6 987
10 668
9 350

Estimated living cost  is ₴10400 per week

₴6558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴2201
₴5232
₴6953
₴4062
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
pensions
-
-
-
3 562
income
-
-
-
7 503
health
-
-
-
3 748
total
-
-
-
14 813
Employee
25 959
25 959
29 360
-
health
3 984
3 389
3 583
-
pensions
4 673
3 562
3 562
-
income

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

4 249
4 249
4 249
-
total
12 906
11 200
11 394
-
Employer
25 959
25 959
29 360
-
health
1 804
1 804
2 040
-
pensions
1 807
1 807
2 043
-
unemployment
935
935
1 057
-
total
4 546
4 546
5 140
-
Corporate
4 314
3 995
-
-
income
863
799
-
-
total
863
799
-
-
Dividends
3 451
3 197
-
-
income
733
680
-
-
withholding
517
479
-
-
total
1 250
1 159
-
-
Income
34 500
34 500
34 500
34 500
Total tax
19 565
17 704
16 534
14 813
After tax
14 935
16 796
17 966
19 687
Living cost
12 734
12 734
12 734
12 734
Free-cash
2 201
4 062
5 232
6 953

Estimated living cost  is ₴12734 per week

₴9024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1148
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.
₴2359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴11586
₴14193
₴10985
₴8226
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
trade
-
-
-
3 208
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.

-
-
-
8 553
health

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

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

-
-
-
2 077
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.

-
-
-
470
total
-
-
-
14 308
Employee

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

11 627
-
34 500
-
health

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

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

2 077
-
2 077
-
income

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

325
-
8 553
-
surtax

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

18
-
470
-
total
2 420
-
11 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 873
34 500
-
-
income
3 431
5 175
-
-
trade
3 603
5 433
-
-
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.

189
284
-
-
chamber of commerce
79
96
-
-
total
7 302
10 988
-
-
Dividends
15 572
23 511
-
-
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.

208
317
-
-
withholding
3 777
5 762
-
-
total
3 985
6 079
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 707
17 067
11 100
14 308
After tax
20 793
17 433
23 400
20 192
Living cost
9 207
9 207
9 207
9 207
Free-cash
11 586
8 226
14 193
10 985

Estimated living cost  is ₴9207 per week

₴5792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₴16538
₴16842
₴17201
₴18192
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
-
-
-
4 463
health
-
-
-
880
social contributions
-
-
-
4 918
total
-
-
-
10 261
Employee
23 375
23 375
31 321
-
health
181
397
532
-
income
2 545
2 164
4 309
-
social contributions
884
1 940
2 600
-
total
3 610
4 501
7 441
-
Employer
23 375
23 375
31 321
-
health
197
433
579
-
social contributions
884
1 940
2 600
-
total
1 081
2 373
3 179
-
Corporate
22 772
8 753
-
-
income
2 846
1 094
-
-
total
2 846
1 094
-
-
Dividends
19 925
7 658
-
-
withholding
3 387
1 302
-
-
total
3 387
1 302
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 924
9 270
10 620
10 261
After tax
23 576
25 230
23 880
24 239
Living cost
7 038
7 038
7 038
7 038
Free-cash
16 538
18 192
16 842
17 201

Estimated living cost  is ₴7038 per week

₴4218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴9783
₴7548
₴9563
₴10089
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
-
-
-
3 413
social contributions

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

-
-
-
11 989
surtax
-
-
-
-
total
-
-
-
15 402
Employee
13 981
-
27 879
-
income
2 908
-
7 729
-
social contributions
1 538
-
3 067
-
surtax
-
-
-
-
total
4 446
-
10 796
-
Employer
13 981
-
27 879
-
social contributions
3 320
-
6 621
-
total
3 320
-
6 621
-
Corporate
17 199
34 500
-
-
income
3 612
7 245
-
-
surtax
-
-
-
-
total
3 612
7 245
-
-
Dividends
13 587
27 255
-
-
withholding
3 804
7 631
-
-
total
3 804
7 631
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 182
14 876
17 417
15 402
After tax
19 318
19 624
17 083
19 098
Living cost
9 535
9 535
9 535
9 535
Free-cash
9 783
10 089
7 548
9 563

Estimated living cost  is ₴9535 per week

₴7134
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.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴30148
₴25388
₴31943
₴30563
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
2 765
-
34 500
-
income
553
-
6 900
-
total
553
-
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%.

31 735
34 500
-
-
total
-
-
-
-
Dividends
31 735
34 500
-
-
withholding
1 587
1 725
-
-
total
1 587
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 140
1 725
6 900
345
After tax
32 360
32 775
27 600
34 155
Living cost
2 212
2 212
2 212
2 212
Free-cash
30 148
30 563
25 388
31 943

Estimated living cost  is ₴2212 per week

₴1371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
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.
₴597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴13058
₴8528
₴9516
₴15601
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
pensions
-
-
-
6 301
unemployment
-
-
-
52
income
-
-
-
7 083
health
-
-
-
3 395
total
-
-
-
16 831
Employee

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

13 442
-
29 852
-
health
868
-
1 928
-
unemployment
19
-
42
-
pensions
2 084
-
4 627
-
income
2 318
-
6 574
-
total
5 289
-
13 171
-
Employer

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

13 442
-
29 852
-
health
895
-
1 988
-
pensions
1 189
-
2 642
-
unemployment
8
-
18
-
total
2 092
-
4 648
-
Corporate
18 965
34 500
-
-
income
3 603
6 555
-
-
total
3 603
6 555
-
-
Dividends
15 362
27 945
-
-
withholding
2 305
4 191
-
-
total
2 305
4 191
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 289
10 746
17 819
16 831
After tax
21 211
23 754
16 681
17 669
Living cost
8 153
8 153
8 153
8 153
Free-cash
13 058
15 601
8 528
9 516

Estimated living cost  is ₴8153 per week

₴5596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴10847
₴14367
₴12873
₴9784
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
-
-
-
8 653
health

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

-
-
-
1 939
total
-
-
-
10 592
Employee
13 945
-
33 102
-
social contributions
1 397
-
1 398
-
income
1 513
-
6 302
-
total
2 910
-
7 700
-
Employer
13 945
-
33 102
-
social contributions
1 397
-
1 398
-
total
1 397
-
1 398
-
Corporate
19 158
34 500
-
-
income
6 705
12 075
-
-
total
6 705
12 075
-
-
Dividends
12 452
22 425
-
-
social contributions
1 606
1 606
-
-
total
1 606
1 606
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 618
13 681
9 098
10 592
After tax
21 882
20 819
25 402
23 908
Living cost
11 035
11 035
11 035
11 035
Free-cash
10 847
9 784
14 367
12 873

Estimated living cost  is ₴11035 per week

₴7268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴14760
₴15558
₴15710
₴14602
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
health
-
-
-
2 408
social contributions
-
-
-
4 761
total
-
-
-
12 344
Employee
10 307
-
34 500
-
health
719
-
2 408
-
income
1 719
-
5 327
-
social contributions
1 423
-
4 761
-
total
3 861
-
12 496
-
Employer
10 307
-
34 500
-
total
-
-
-
-
Corporate
24 193
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%.

1 210
1 725
-
-
total
1 210
1 725
-
-
Dividends
22 984
32 775
-
-
social contributions
3 172
4 523
-
-
withholding
3 447
4 916
-
-
health
1 604
2 288
-
-
total
8 223
11 727
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 294
13 452
12 496
12 344
After tax
21 206
21 048
22 004
22 156
Living cost
6 446
6 446
6 446
6 446
Free-cash
14 760
14 602
15 558
15 710

Estimated living cost  is ₴6446 per week

₴4314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴12189
₴8982
₴8382
₴15229
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
-
-
-
2 983
health
-
-
-
4 657
social contributions
-
-
-
9 954
solidarity contribution
-
-
-
-
total
-
-
-
17 594
Employee
12 536
-
25 746
-
health
1 692
-
3 476
-
solidarity contribution
-
-
-
-
income
1 504
-
3 090
-
social contributions
815
-
1 674
-
total
4 011
-
8 240
-
Employer
12 536
-
25 746
-
health
1 128
-
2 317
-
social contributions
3 134
-
6 437
-
total
4 262
-
8 754
-
Corporate
17 702
34 500
-
-
income
3 363
6 555
-
-
total
3 363
6 555
-
-
Dividends
14 339
27 945
-
-
withholding
2 151
4 192
-
-
total
2 151
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 787
10 747
16 994
17 594
After tax
20 713
23 753
17 506
16 906
Living cost
8 524
8 524
8 524
8 524
Free-cash
12 189
15 229
8 982
8 382

Estimated living cost  is ₴8524 per week

₴6339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴28680
₴24152
₴30707
₴29327
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
4 310
-
34 500
-
income
862
-
6 900
-
total
862
-
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%.

30 190
34 500
-
-
total
-
-
-
-
Dividends
30 190
34 500
-
-
withholding
1 510
1 725
-
-
total
1 510
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 372
1 725
6 900
345
After tax
32 128
32 775
27 600
34 155
Living cost
3 448
3 448
3 448
3 448
Free-cash
28 680
29 327
24 152
30 707

Estimated living cost  is ₴3448 per week

₴2333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
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.
₴854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴4796
₴6386
₴5068
₴2705
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
-
-
-
3 866
other
-
-
-
1 070
health
-
-
-
864
social contributions
-
-
-
983
pensions
-
-
-
7 967
surtax
-
-
-
-
total
-
-
-
14 750
Employee
19 039
-
27 747
-
pensions
2 153
-
1 473
-
income
1 661
-
4 416
-
social contributions
542
-
790
-
surtax
-
-
-
-
total
4 356
-
6 679
-
Employer
19 039
-
27 747
-
health
1 333
-
2 027
-
social contributions
57
-
83
-
pensions
3 128
-
2 562
-
unemployment
771
-
1 124
-
other
657
-
957
-
total
5 946
-
6 753
-
Corporate
9 515
34 500
-
-
income
2 664
9 660
-
-
surtax
-
-
-
-
total
2 664
9 660
-
-
Dividends
6 851
24 840
-
-
social contributions
1 179
4 273
-
-
surtax
-
-
-
-
withholding
877
3 180
-
-
total
2 056
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 022
17 113
13 432
14 750
After tax
19 478
17 387
21 068
19 750
Living cost
14 682
14 682
14 682
14 682
Free-cash
4 796
2 705
6 386
5 068

Estimated living cost  is ₴14682 per week

₴9936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴18197
₴13521
₴13521
₴19687
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
pensions
-
-
-
5 821
unemployment
-
-
-
336
income
-
-
-
7 277
health
-
-
-
2 306
total
-
-
-
15 740
Employee

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

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

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

7 900
-
30 493
-
health
407
-
1 153
-
unemployment
59
-
168
-
pensions
1 106
-
3 134
-
income
1 089
-
7 277
-
total
2 661
-
11 732
-
Employer

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

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

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

7 900
-
30 493
-
health
407
-
1 153
-
pensions
948
-
2 687
-
unemployment
59
-
168
-
total
1 414
-
4 008
-
Corporate
25 186
34 500
-
-
income
3 778
5 175
-
-
total
3 778
5 175
-
-
Dividends
21 408
29 325
-
-
withholding
3 211
4 399
-
-
total
3 211
4 399
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 064
9 574
15 740
15 740
After tax
23 436
24 926
18 760
18 760
Living cost
5 239
5 239
5 239
5 239
Free-cash
18 197
19 687
13 521
13 521

Estimated living cost  is ₴5239 per week

₴3527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴3832
₴5884
₴7590
-₴5101
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
pensions
-
-
-
3 174
city
-
-
-
364
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
health
-
-
-
78
regional
-
-
-
1 386
national
-
-
-
341
total
-
-
-
6 033
Employee
24 432
-
30 879
-
health
55
-
70
-
unemployment
-
-
-
-
city
262
-
332
-
pensions
2 053
-
2 594
-
regional
800
-
1 194
-
national
116
-
267
-
total
3 286
-
4 457
-
Employer
24 432
-
30 879
-
health
55
-
70
-
pensions
2 053
-
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.

488
-
618
-
total
2 596
-
3 282
-
Corporate
7 203
34 500
-
-
regional
1 523
7 297
-
-
national
612
2 932
-
-
total
2 135
10 229
-
-
Dividends
5 068
24 271
-
-
withholding
1 774
8 495
-
-
total
1 774
8 495
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 791
18 724
7 739
6 033
After tax
24 709
15 776
26 761
28 467
Living cost
20 877
20 877
20 877
20 877
Free-cash
3 832
-5 101
5 884
7 590

Estimated living cost  is ₴20877 per week

₴13576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1873
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.
₴5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₴10718
₴7638
₴12369
₴10955
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
municipal
-
-
-
6 137
health
-
-
-
404
national
-
-
-
3 919
total
-
-
-
10 460
Employee
15 993
-
29 024
-
health
119
-
320
-
unemployment
240
-
436
-
pensions
1 079
-
1 959
-
national
264
-
2 265
-
municipal
2 620
-
4 735
-
total
4 322
-
9 715
-
Employer
15 993
-
29 024
-
health
123
-
223
-
pensions
2 775
-
5 035
-
accident
16
-
29
-
unemployment
104
-
189
-
total
3 018
-
5 476
-
Corporate
15 489
34 500
-
-
income
3 098
6 900
-
-
total
3 098
6 900
-
-
Dividends

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

9 294
20 700
-
-
municipal
1 673
3 726
-
-
national
-
1 248
-
-
total
1 673
4 974
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 111
11 874
15 191
10 460
After tax
22 389
22 626
19 309
24 040
Living cost
11 671
11 671
11 671
11 671
Free-cash
10 718
10 955
7 638
12 369

Estimated living cost  is ₴11671 per week

₴7623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴3690
₴2121
₴4642
₴8250
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.

-
-
-
1 737
social contributions
-
-
-
5 552
national
-
-
-
11 485
total
-
-
-
18 774
Employee

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

21 744
-
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.

1 022
-
1 256
-
communal

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

1 134
-
1 394
-
unemployment

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

189
-
232
-
pensions

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

1 631
-
2 004
-
national
6 685
-
8 632
-
total
10 661
-
13 518
-
Employer

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

21 744
-
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.

1 337
-
1 643
-
pensions

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

1 927
-
2 367
-
surtax
2 466
-
3 030
-
accident

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

283
-
347
-
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.

317
-
390
-
total
6 330
-
7 777
-
Corporate
6 427
34 500
-
-
income
1 285
6 900
-
-
surtax
26
138
-
-
total
1 311
7 038
-
-
Dividends
5 115
27 462
-
-
withholding

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

1 424
8 128
-
-
total
1 424
8 128
-
-
Income
34 500
34 500
34 500
34 500
Total tax
19 726
15 166
21 295
18 774
After tax
14 774
19 334
13 205
15 726
Living cost
11 084
11 084
11 084
11 084
Free-cash
3 690
8 250
2 121
4 642

Estimated living cost  is ₴11084 per week

₴7139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴5433
₴5314
₴5260
₴5727
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
unemployment
-
-
-
29
municipal
-
-
-
7 806
other
-
-
-
3 339
health
-
-
-
1 793
national
-
-
-
-
accident
-
-
-
57
pensions
-
-
-
3 106
total
-
-
-
16 130
Employee
18 681
-
26 252
-
national
-
-
-
-
municipal
5 571
-
7 828
-
total
5 571
-
7 828
-
Employer
18 681
-
26 252
-
health
1 149
-
1 614
-
pensions
2 019
-
2 838
-
accident
37
-
53
-
unemployment
493
-
693
-
other
2 171
-
3 050
-
total
5 869
-
8 248
-
Corporate
9 950
34 500
-
-
income
2 189
7 590
-
-
total
2 189
7 590
-
-
Dividends
7 761
26 910
-
-
withholding
2 328
8 073
-
-
total
2 328
8 073
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 957
15 663
16 076
16 130
After tax
18 543
18 837
18 424
18 370
Living cost
13 110
13 110
13 110
13 110
Free-cash
5 433
5 727
5 314
5 260

Estimated living cost  is ₴13110 per week

₴8689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴15477
₴15628
₴9379
₴6527
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
20 737
-
-
-
income
4 574
-
-
-
social contributions
1 700
-
242
-
total
6 274
-
242
-
Employer
20 737
-
-
-
social contributions
29 240
-
4 167
-
total
29 240
-
4 167
-
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
35 514
13 510
4 409
10 658
After tax
-1 014
20 990
30 091
23 842
Living cost
14 463
14 463
14 463
14 463
Free-cash
-15 477
6 527
15 628
9 379

Estimated living cost  is ₴14463 per week

₴9384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴14109
₴14020
₴14379
₴15370
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
-
-
-
4 463
health
-
-
-
880
social contributions
-
-
-
4 918
total
-
-
-
10 261
Employee
23 375
23 375
31 321
-
health
232
397
532
-
income
2 455
2 164
4 309
-
social contributions
1 136
1 940
2 600
-
total
3 823
4 501
7 441
-
Employer
23 375
23 375
31 321
-
health
253
433
579
-
social contributions
1 136
1 940
2 600
-
total
1 389
2 373
3 179
-
Corporate
19 428
8 753
-
-
income
2 429
1 094
-
-
total
2 429
1 094
-
-
Dividends
17 000
7 658
-
-
withholding
2 890
1 302
-
-
total
2 890
1 302
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 531
9 270
10 620
10 261
After tax
23 969
25 230
23 880
24 239
Living cost
9 860
9 860
9 860
9 860
Free-cash
14 109
15 370
14 020
14 379

Estimated living cost  is ₴9860 per week

₴6740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴13274
₴10041
₴13258
₴13529
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
-
-
-
8 026
pensions
-
-
-
2 299
total
-
-
-
10 325
Employee
14 986
-
30 298
-
health
195
-
506
-
pensions
1 144
-
2 954
-
income
2 729
-
5 880
-
total
4 068
-
9 340
-
Employer
14 986
-
30 298
-
health
285
-
575
-
pensions
1 514
-
3 627
-
total
1 799
-
4 202
-
Corporate
17 716
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.

3 366
6 555
-
-
total
3 366
6 555
-
-
Dividends
14 350
27 945
-
-
withholding
1 076
3 499
-
-
total
1 076
3 499
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 309
10 054
13 542
10 325
After tax
24 191
24 446
20 958
24 175
Living cost
10 917
10 917
10 917
10 917
Free-cash
13 274
13 529
10 041
13 258

Estimated living cost  is ₴10917 per week

₴7489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₴4679
₴3366
₴4944
₴6062
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
municipal
-
-
-
231
regional
-
-
-
727
social contributions
-
-
-
8 873
national
-
-
-
7 615
total
-
-
-
17 446
Employee
25 615
-
34 500
-
social contributions
8 637
-
11 634
-
regional
387
-
618
-
national
4 329
-
6 566
-
municipal
153
-
206
-
total
13 506
-
19 024
-
Employer
25 615
-
34 500
-
total
-
-
-
-
Corporate
8 885
34 500
-
-
nationa
2 132
8 280
-
-
municipal
428
1 663
-
-
total
2 560
9 943
-
-
Dividends
6 324
24 557
-
-
withholding
1 645
6 385
-
-
total
1 645
6 385
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 711
16 328
19 024
17 446
After tax
16 789
18 172
15 476
17 054
Living cost
12 110
12 110
12 110
12 110
Free-cash
4 679
6 062
3 366
4 944

Estimated living cost  is ₴12110 per week

₴8506
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.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴1788
₴11542
₴17085
-₴3770
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
pensions
-
-
-
1 241
income
-
-
-
8 773
other
-
-
-
111
health
-
-
-
651
accident
-
-
-
75
total
-
-
-
10 851
Employee
10 325
-
29 978
-
health
1 182
-
3 432
-
pensions
1 163
-
2 276
-
income
1 417
-
6 164
-
total
3 762
-
11 872
-
Employer
10 325
-
29 978
-
pensions
1 679
-
3 287
-
accident
172
-
501
-
unemployment
253
-
734
-
total
2 104
-
4 522
-
Corporate
22 071
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.

19 863
31 050
-
-
total
19 863
31 050
-
-
Dividends
2 207
3 450
-
-
withholding
419
656
-
-
total
419
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
26 148
31 706
16 394
10 851
After tax
8 352
2 794
18 106
23 649
Living cost
6 564
6 564
6 564
6 564
Free-cash
1 788
-3 770
11 542
17 085

Estimated living cost  is ₴6564 per week

₴4811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴10027
₴11664
₴8742
₴6050
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
trade
-
-
-
2 922
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.

-
-
-
8 553
health

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

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

-
-
-
2 077
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.

-
-
-
470
total
-
-
-
14 022
Employee

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

15 125
-
34 500
-
health

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

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

2 077
-
2 077
-
income

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

1 244
-
8 553
-
surtax

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

69
-
470
-
total
3 390
-
11 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 375
34 500
-
-
income
2 906
5 175
-
-
trade
2 780
4 951
-
-
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.

160
284
-
-
chamber of commerce
74
97
-
-
total
5 920
10 507
-
-
Dividends
13 454
23 993
-
-
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.

179
324
-
-
withholding
3 248
5 883
-
-
total
3 427
6 207
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 737
16 714
11 100
14 022
After tax
21 763
17 786
23 400
20 478
Living cost
11 736
11 736
11 736
11 736
Free-cash
10 027
6 050
11 664
8 742

Estimated living cost  is ₴11736 per week

₴8096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₴18782
₴13075
₴12046
₴21276
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
-
-
-
5 038
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 092
surtax
-
-
-
-
total
-
-
-
16 130
Employee
8 883
-
27 803
-
income
1 581
-
5 345
-
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.

977
-
3 059
-
surtax
-
-
-
-
total
2 558
-
8 404
-
Employer
8 883
-
27 803
-
social contributions

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

2 140
-
6 697
-
surtax
-
-
-
-
total
2 140
-
6 697
-
Corporate
23 478
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%.

4 696
6 900
-
-
total
4 696
6 900
-
-
Dividends

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

18 782
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 394
6 900
15 101
16 130
After tax
25 106
27 600
19 399
18 370
Living cost
6 324
6 324
6 324
6 324
Free-cash
18 782
21 276
13 075
12 046

Estimated living cost  is ₴6324 per week

₴4035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴17059
₴16059
₴16332
₴17689
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
-
-
-
9 499
health
-
-
-
2 030
pensions
-
-
-
2 800
total
-
-
-
14 329
Employee
5 847
-
31 350
-
health
292
-
700
-
unemployment
58
-
140
-
pensions
526
-
1 260
-
income
1 131
-
9 352
-
total
2 007
-
11 452
-
Employer
5 847
-
31 350
-
health
556
-
1 330
-
pensions
643
-
1 540
-
unemployment
117
-
280
-
total
1 316
-
3 150
-
Corporate
27 337
34 500
-
-
income
6 014
7 590
-
-
total
6 014
7 590
-
-
Dividends
21 323
26 910
-
-
withholding
4 265
5 382
-
-
total
4 265
5 382
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 602
12 972
14 602
14 329
After tax
20 898
21 528
19 898
20 171
Living cost
3 839
3 839
3 839
3 839
Free-cash
17 059
17 689
16 059
16 332

Estimated living cost  is ₴3839 per week

₴2281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
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.
₴1159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴13906
₴9754
₴10320
₴14873
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
pensions
-
-
-
6 900
unemployment
-
-
-
69
income
-
-
-
7 018
other
-
-
-
-
health
-
-
-
2 450
surtax
-
-
-
915
total
-
-
-
17 352
Employee
10 237
-
28 501
-
health
261
-
727
-
unemployment
712
-
1 984
-
pensions
683
-
1 901
-
income
1 716
-
6 481
-
other
-
-
-
-
surtax
36
-
826
-
total
3 408
-
11 919
-
Employer
10 237
-
28 501
-
health
466
-
1 297
-
pensions
1 365
-
3 799
-
unemployment
325
-
903
-
other
-
-
-
-
total
2 156
-
5 999
-
Corporate
22 108
34 500
-
-
income
5 748
8 970
-
-
total
5 748
8 970
-
-
Dividends
16 360
25 530
-
-
withholding
2 454
3 829
-
-
total
2 454
3 829
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 766
12 799
17 918
17 352
After tax
20 734
21 701
16 582
17 148
Living cost
6 828
6 828
6 828
6 828
Free-cash
13 906
14 873
9 754
10 320

Estimated living cost  is ₴6828 per week

₴4122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴9454
₴250
₴7495
₴9607
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
pensions
-
-
-
6 382
chamber of commerce
-
-
-
138
unemployment
-
-
-
1 864
income
-
-
-
6 284