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
₴2327
₴10744
₴8975
₴7863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
income

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

-
-
-
4 904
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.

-
-
-
270
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.

-
-
-
3 420
trade
-
-
-
1 769
total
-
-
-
10 363
Employee

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

19 145
-
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
-
270
-
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.

535
-
4 904
-
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.

3 420
-
3 420
-
total
3 984
-
8 594
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 355
34 500
-
-
income
2 304
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.

126
285
-
-
chamber of commerce
98
125
-
-
trade
2 418
5 433
-
-
total
4 946
11 018
-
-
Dividends
10 408
23 481
-
-
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.

133
313
-
-
withholding
2 412
5 680
-
-
total
2 545
5 993
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 475
17 011
8 594
10 363
After tax
23 025
17 489
25 906
24 137
Living cost
15 162
15 162
15 162
15 162
Free-cash
7 863
2 327
10 744
8 975

Estimated living cost  is ₴15162 per week

₴9537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴3574
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
-₴5103
-₴4960
-₴5230
-₴10530
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
-
-
-
3 368
national
-
-
-
5 220
pensions
-
-
-
4 140
total
-
-
-
13 099
Employee
41 284
-
29 825
-
municipal
5 099
-
3 502
-
pensions
1 651
-
1 193
-
national
7 902
-
5 427
-
total
14 652
-
10 122
-
Employer
41 284
-
29 825
-
pensions
3 303
-
2 386
-
social contributions
444
-
321
-
total
3 747
-
2 707
-
Corporate
-
34 500
-
-
income

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

-
6 900
-
-
total
-
6 900
-
-
Dividends
-
27 600
-
-
withholding
-
6 072
-
-
total
-
6 072
-
-
Income
34 500
34 500
34 500
34 500
Total tax
18 399
12 972
12 829
13 099
After tax
16 101
21 528
21 671
21 401
Living cost
26 631
26 631
26 631
26 631
Free-cash
-10 530
-5 103
-4 960
-5 230

Estimated living cost  is ₴26631 per week

₴18101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴17186
₴9208
₴17335
₴13080
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.

-
-
-
1 576
microenterprise
-
-
-
5 175
total
-
-
-
6 751
Employee
14 627
-
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.

1 609
-
3 059
-
income
2 604
-
5 121
-
total
4 213
-
8 180
-
Employer
14 627
-
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.

3 523
-
6 698
-
surtax
-
-
-
-
total
3 523
-
6 698
-
Corporate
16 350
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%.

3 270
6 900
-
-
total
3 270
6 900
-
-
Dividends

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

13 081
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 006
6 900
14 878
6 751
After tax
23 494
27 600
19 622
27 749
Living cost
10 414
10 414
10 414
10 414
Free-cash
13 080
17 186
9 208
17 335

Estimated living cost  is ₴10414 per week

₴6644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴992
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.
₴2542
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
-₴12397
-₴15206
-₴1300
-₴15206
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
-
-
-
3 855
health
-
-
-
5 111
pensions
-
-
-
5 865
total
-
-
-
14 831
Employee
42 746
42 746
42 746
-
pensions
7 694
5 865
7 694
-
income

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

6 997
6 997
6 997
-
health
6 561
5 581
6 561
-
total
21 252
18 443
21 252
-
Employer
42 746
42 746
42 746
-
health
2 971
2 971
2 971
-
pensions
2 975
2 975
2 975
-
unemployment
1 539
1 539
1 539
-
total
7 485
7 485
7 485
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
28 737
25 928
28 737
14 831
After tax
5 763
8 572
5 763
19 669
Living cost
20 969
20 969
20 969
20 969
Free-cash
-15 206
-12 397
-15 206
-1 300

Estimated living cost  is ₴20969 per week

₴14860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3885
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
-₴1296
-₴1708
-₴2934
-₴3201
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
-
-
-
34
health
-
-
-
2 153
municipal
-
-
-
7 307
national
-
-
-
-
pensions
-
-
-
3 729
total
-
-
-
17 301
Employee
28 688
-
26 252
-
municipal
8 555
-
7 828
-
national
-
-
-
-
total
8 555
-
7 828
-
Employer
28 688
-
26 252
-
health
1 764
-
1 614
-
pensions
3 101
-
2 838
-
accident
57
-
52
-
unemployment
757
-
693
-
other
3 334
-
3 050
-
total
9 013
-
8 247
-
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
17 568
15 663
16 075
17 301
After tax
16 932
18 837
18 425
17 199
Living cost
20 133
20 133
20 133
20 133
Free-cash
-3 201
-1 296
-1 708
-2 934

Estimated living cost  is ₴20133 per week

₴13343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4508
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
-₴2354
₴6242
₴4395
₴4680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
income

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

-
-
-
4 904
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.

-
-
-
270
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.

-
-
-
3 420
trade
-
-
-
1 847
total
-
-
-
10 441
Employee

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

25 384
-
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.

120
-
270
-
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.

2 181
-
4 904
-
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.

3 420
-
3 420
-
total
5 721
-
8 594
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 116
34 500
-
-
income
1 367
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.

75
285
-
-
chamber of commerce
89
125
-
-
trade
1 500
5 676
-
-
total
3 031
11 261
-
-
Dividends
6 084
23 239
-
-
surtax

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

73
309
-
-
withholding
1 331
5 620
-
-
total
1 404
5 929
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 156
17 190
8 594
10 441
After tax
24 344
17 310
25 906
24 059
Living cost
19 664
19 664
19 664
19 664
Free-cash
4 680
-2 354
6 242
4 395

Estimated living cost  is ₴19664 per week

₴13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

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
₴6945
₴8174
₴9977
₴7032
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
-
-
-
2 025
social contributions
-
-
-
5 382
health
-
-
-
880
total
-
-
-
8 287
Employee
38 491
38 491
38 491
-
social contributions
1 870
3 195
2 600
-
income
4 042
3 563
3 778
-
health
383
654
533
-
total
6 295
7 412
6 911
-
Employer
38 491
38 491
38 491
-
health
417
712
579
-
social contributions
1 870
3 195
2 600
-
total
2 287
3 907
3 179
-
Corporate
9 682
-
-
-
income
1 210
-
-
-
total
1 210
-
-
-
Dividends
8 472
-
-
-
withholding
1 440
-
-
-
total
1 440
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 232
11 319
10 090
8 287
After tax
23 268
23 181
24 410
26 213
Living cost
16 236
16 236
16 236
16 236
Free-cash
7 032
6 945
8 174
9 977

Estimated living cost  is ₴16236 per week

₴11099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
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.
₴3596
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
₴10521
₴11030
₴14929
₴10707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
income
-
-
-
4 218
unemployment
-
-
-
518
health
-
-
-
2 415
pensions
-
-
-
3 450
total
-
-
-
10 601
Employee

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

The minimum wage is 138,000 HUF per month.

12 948
5 153
28 870
-
unemployment
194
77
433
-
pensions
1 295
515
2 887
-
income
1 583
630
3 529
-
health
906
361
2 021
-
total
3 978
1 583
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.

12 948
5 153
28 870
-
pensions
2 525
1 005
5 630
-
total
2 525
1 005
5 630
-
Corporate
19 027
28 342
-
-
income
1 712
2 551
-
-
total
1 712
2 551
-
-
Dividends
17 315
25 791
-
-
social contributions
3 318
4 970
-
-
withholding
3 290
4 900
-
-
total
6 608
9 870
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 823
15 009
14 500
10 601
After tax
19 677
19 491
20 000
23 899
Living cost
8 970
8 970
8 970
8 970
Free-cash
10 707
10 521
11 030
14 929

Estimated living cost  is ₴8970 per week

₴6121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴1936
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
₴15510
₴7796
₴6494
₴12400
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
-
-
-
4 531
health
-
-
-
4 485
pensions
-
-
-
6 900
total
-
-
-
15 916
Employee
14 200
-
25 785
-
unemployment
227
-
412
-
pensions
284
-
516
-
income
1 599
-
4 971
-
total
2 110
-
5 899
-
Employer
14 200
-
25 785
-
health
1 846
-
3 352
-
pensions
2 840
-
5 157
-
unemployment
114
-
206
-
total
4 800
-
8 715
-
Corporate
15 500
34 500
-
-
income
3 100
6 900
-
-
total
3 100
6 900
-
-
Dividends
12 400
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 010
6 900
14 614
15 916
After tax
24 490
27 600
19 886
18 584
Living cost
12 090
12 090
12 090
12 090
Free-cash
12 400
15 510
7 796
6 494

Estimated living cost  is ₴12090 per week

₴8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴720
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.
₴2835
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
-₴8365
₴6628
₴12623
₴1084
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
-
-
-
128
income
-
-
-
7 185
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
10 718
Employee
17 554
-
28 659
-
pensions
1 977
-
3 227
-
income
2 408
-
4 364
-
health
2 010
-
3 281
-
total
6 395
-
10 872
-
Employer
17 554
-
28 659
-
pensions
2 854
-
4 660
-
accident
293
-
479
-
unemployment
430
-
702
-
total
3 577
-
5 841
-
Corporate
13 368
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.

12 031
31 050
-
-
total
12 031
31 050
-
-
Dividends
1 337
3 450
-
-
withholding
254
656
-
-
total
254
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 257
31 706
16 713
10 718
After tax
12 243
2 794
17 787
23 782
Living cost
11 159
11 159
11 159
11 159
Free-cash
1 084
-8 365
6 628
12 623

Estimated living cost  is ₴11159 per week

₴8179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴28749
₴23574
₴30129
₴27995
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
5 032
-
34 500
-
income
1 006
-
6 900
-
total
1 006
-
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%.

29 468
34 500
-
-
total
-
-
-
-
Dividends
29 468
34 500
-
-
withholding
1 473
1 725
-
-
total
1 473
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
4 026
4 026
4 026
4 026
Free-cash
27 995
28 749
23 574
30 129

Estimated living cost  is ₴4026 per week

₴2495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1086
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
₴12010
₴6886
₴5344
₴8629
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.

-
-
-
8 279
total
-
-
-
15 818
Employee
18 175
-
27 556
-
unemployment
181
-
275
-
pensions

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

1 272
-
1 928
-
income
3 129
-
4 744
-
health
255
-
386
-
total
4 837
-
7 333
-
Employer
18 175
-
27 556
-
health
255
-
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.

3 090
-
4 684
-
accident
145
-
220
-
unemployment
181
-
275
-
other
909
-
1 378
-
total
4 580
-
6 943
-
Corporate
11 745
34 500
-
-
income
2 466
7 245
-
-
total
2 466
7 245
-
-
Dividends
9 279
27 255
-
-
withholding
650
1 907
-
-
total
650
1 907
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 533
9 152
14 276
15 818
After tax
21 967
25 348
20 224
18 682
Living cost
13 338
13 338
13 338
13 338
Free-cash
8 629
12 010
6 886
5 344

Estimated living cost  is ₴13338 per week

₴9424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴2798
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
-₴7737
-₴11472
-₴7799
-₴19532
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
-
-
-
6 447
pensions
-
-
-
2 266
total
-
-
-
8 713
Employee
47 520
-
30 637
-
pensions
4 584
-
2 558
-
income
8 566
-
5 529
-
health
783
-
437
-
total
13 933
-
8 524
-
Employer
47 520
-
30 637
-
health
902
-
582
-
pensions
5 611
-
3 280
-
total
6 513
-
3 862
-
Corporate
-
34 500
-
-
income

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

-
6 555
-
-
total
-
6 555
-
-
Dividends
-
27 945
-
-
withholding
-
2 096
-
-
total
-
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
20 446
8 651
12 386
8 713
After tax
14 054
25 849
22 114
25 787
Living cost
33 586
33 586
33 586
33 586
Free-cash
-19 532
-7 737
-11 472
-7 799

Estimated living cost  is ₴33586 per week

₴25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3946
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.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 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
₴22935
₴18869
₴18093
₴20607
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
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
9 844
Employee
8 690
-
31 070
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
pensions

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

763
-
1 535
-
income
869
-
3 107
-
health
400
-
804
-
total
2 128
-
5 638
-
Employer
8 690
-
31 070
-
health
600
-
1 206
-
pensions

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

958
-
1 927
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
unemployment
52
-
105
-
total
1 706
-
3 430
-
Corporate
24 104
34 500
-
-
income
2 411
3 450
-
-
total
2 411
3 450
-
-
Dividends
21 694
31 050
-
-
withholding
1 085
1 552
-
-
total
1 085
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 330
5 002
9 068
9 844
After tax
27 170
29 498
25 432
24 656
Living cost
6 563
6 563
6 563
6 563
Free-cash
20 607
22 935
18 869
18 093

Estimated living cost  is ₴6563 per week

₴3832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴469
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.
₴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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴19185
-₴21994
-₴8088
-₴20035
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
-
-
-
3 855
health
-
-
-
5 111
pensions
-
-
-
5 865
total
-
-
-
14 831
Employee
46 408
42 746
42 746
-
pensions
5 865
5 865
7 694
-
income

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

6 997
6 997
6 997
-
health
5 790
5 581
6 561
-
total
18 652
18 443
21 252
-
Employer
46 408
42 746
42 746
-
health
3 225
2 971
2 971
-
pensions
3 230
2 975
2 975
-
unemployment
1 671
1 539
1 539
-
total
8 126
7 485
7 485
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
26 778
25 928
28 737
14 831
After tax
7 722
8 572
5 763
19 669
Living cost
27 757
27 757
27 757
27 757
Free-cash
-20 035
-19 185
-21 994
-8 088

Estimated living cost  is ₴27757 per week

₴20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2479
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.
₴4485
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
₴11496
₴5250
₴4547
₴7124
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
18 025
-
25 746
-
solidarity contribution
-
-
-
-
social contributions
1 172
-
1 673
-
income
2 163
-
3 090
-
health
2 433
-
3 476
-
total
5 768
-
8 239
-
Employer
18 025
-
25 746
-
health
1 622
-
2 317
-
social contributions
4 506
-
6 437
-
total
6 128
-
8 754
-
Corporate
10 346
34 500
-
-
income
1 966
6 555
-
-
total
1 966
6 555
-
-
Dividends
8 380
27 945
-
-
withholding
1 257
4 192
-
-
total
1 257
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 119
10 747
16 993
17 696
After tax
19 381
23 753
17 507
16 804
Living cost
12 257
12 257
12 257
12 257
Free-cash
7 124
11 496
5 250
4 547

Estimated living cost  is ₴12257 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2630
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
-₴2714
-₴4354
-₴2404
-₴9988
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
-
-
-
355
municipal
-
-
-
205
national
-
-
-
6 349
total
-
-
-
15 782
Employee
44 487
-
34 500
-
municipal
236
-
183
-
national
7 709
-
5 604
-
regional
420
-
311
-
social contributions
15 001
-
11 634
-
total
23 366
-
17 732
-
Employer
44 487
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
municipal
-
1 345
-
-
nationa
-
8 280
-
-
total
-
9 625
-
-
Dividends
-
24 875
-
-
withholding
-
6 467
-
-
total
-
6 467
-
-
Income
34 500
34 500
34 500
34 500
Total tax
23 366
16 092
17 732
15 782
After tax
11 134
18 408
16 768
18 718
Living cost
21 122
21 122
21 122
21 122
Free-cash
-9 988
-2 714
-4 354
-2 404

Estimated living cost  is ₴21122 per week

₴14724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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.
₴4689
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
₴10655
₴7215
₴7971
₴9096
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
-
-
-
5 550
other
-
-
-
-
surtax
-
-
-
469
unemployment
-
-
-
114
health
-
-
-
2 450
pensions
-
-
-
6 900
total
-
-
-
15 483
Employee
16 553
-
28 500
-
other
-
-
-
-
unemployment
1 152
-
1 983
-
pensions
1 104
-
1 901
-
surtax
54
-
411
-
income
2 775
-
5 218
-
health
423
-
727
-
total
5 508
-
10 240
-
Employer
16 553
-
28 500
-
health
753
-
1 297
-
pensions
2 207
-
3 799
-
unemployment
524
-
903
-
other
-
-
-
-
total
3 484
-
5 999
-
Corporate
14 462
34 500
-
-
income
3 761
8 970
-
-
total
3 761
8 970
-
-
Dividends
10 702
25 530
-
-
withholding
1 605
3 829
-
-
total
1 605
3 829
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 358
12 799
16 239
15 483
After tax
20 142
21 701
18 261
19 017
Living cost
11 046
11 046
11 046
11 046
Free-cash
9 096
10 655
7 215
7 971

Estimated living cost  is ₴11046 per week

₴6754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3018
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
₴2904
-₴831
₴2842
-₴1398
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
-
-
-
6 447
pensions
-
-
-
2 266
total
-
-
-
8 713
Employee
31 846
-
30 637
-
pensions
2 703
-
2 558
-
income
5 736
-
5 529
-
health
462
-
437
-
total
8 901
-
8 524
-
Employer
31 846
-
30 637
-
health
605
-
582
-
pensions
3 447
-
3 280
-
total
4 052
-
3 862
-
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
12 953
8 651
12 386
8 713
After tax
21 547
25 849
22 114
25 787
Living cost
22 945
22 945
22 945
22 945
Free-cash
-1 398
2 904
-831
2 842

Estimated living cost  is ₴22945 per week

₴17190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1720
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.
₴3795
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
-₴23826
-₴12216
-₴10448
-₴16261
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
-
-
-
869
health
-
-
-
129
city
-
-
-
363
national
-
-
-
121
pensions
-
-
-
3 174
total
-
-
-
5 346
Employee
46 345
-
30 879
-
unemployment
-
-
-
-
pensions
3 894
-
2 595
-
national
219
-
101
-
regional
1 518
-
736
-
city
497
-
332
-
health
105
-
69
-
total
6 233
-
3 833
-
Employer
46 345
-
30 879
-
health
105
-
69
-
pensions
3 894
-
2 595
-
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.

927
-
617
-
total
4 926
-
3 281
-
Corporate
-
34 500
-
-
regional
-
7 297
-
-
national
-
2 932
-
-
total
-
10 229
-
-
Dividends
-
24 271
-
-
withholding
-
8 495
-
-
total
-
8 495
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 159
18 724
7 114
5 346
After tax
23 341
15 776
27 386
29 154
Living cost
39 602
39 602
39 602
39 602
Free-cash
-16 261
-23 826
-12 216
-10 448

Estimated living cost  is ₴39602 per week

₴25753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴486
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.
₴9809
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
-₴5798
₴2975
₴1050
₴2320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
income

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

-
-
-
4 904
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.

-
-
-
270
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.

-
-
-
3 420
trade
-
-
-
1 925
total
-
-
-
10 519
Employee

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

30 083
-
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.

195
-
270
-
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.

3 537
-
4 904
-
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.

3 420
-
3 420
-
total
7 152
-
8 594
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 417
34 500
-
-
income
663
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.

36
285
-
-
chamber of commerce
83
124
-
-
trade
757
5 917
-
-
total
1 539
11 501
-
-
Dividends
2 878
22 999
-
-
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
306
-
-
withholding
529
5 560
-
-
total
558
5 866
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 249
17 367
8 594
10 519
After tax
25 251
17 133
25 906
23 981
Living cost
22 931
22 931
22 931
22 931
Free-cash
2 320
-5 798
2 975
1 050

Estimated living cost  is ₴22931 per week

₴16748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4051
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
₴262
₴3589
₴3419
₴3219
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
-
-
-
1 831
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
982
health
-
-
-
299
pensions
-
-
-
9 773
total
-
-
-
13 955
Employee
21 423
-
26 290
-
pensions
2 422
-
2 974
-
surtax
-
-
-
-
social contributions
611
-
749
-
income
1 264
-
1 852
-
total
4 297
-
5 575
-
Employer
21 423
-
26 290
-
health
1 500
-
1 840
-
pensions
3 519
-
4 319
-
unemployment
867
-
1 065
-
social contributions
65
-
79
-
other
739
-
907
-
total
6 690
-
8 210
-
Corporate
6 387
34 500
-
-
income
1 789
9 660
-
-
surtax
-
-
-
-
total
1 789
9 660
-
-
Dividends
4 598
24 840
-
-
surtax
-
-
-
-
social contributions
790
4 273
-
-
withholding
589
3 179
-
-
total
1 379
7 452
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 155
17 112
13 785
13 955
After tax
20 345
17 388
20 715
20 545
Living cost
17 126
17 126
17 126
17 126
Free-cash
3 219
262
3 589
3 419

Estimated living cost  is ₴17126 per week

₴10799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4644
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
₴1959
₴5286
₴5116
₴4741
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
-
-
-
1 831
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
982
health
-
-
-
299
pensions
-
-
-
9 773
total
-
-
-
13 955
Employee
19 123
-
26 290
-
pensions
2 163
-
2 974
-
surtax
-
-
-
-
social contributions
545
-
749
-
income
986
-
1 852
-
total
3 694
-
5 575
-
Employer
19 123
-
26 290
-
health
1 338
-
1 840
-
pensions
3 142
-
4 319
-
unemployment
774
-
1 065
-
social contributions
57
-
79
-
other
660
-
907
-
total
5 971
-
8 210
-
Corporate
9 405
34 500
-
-
income
2 633
9 660
-
-
surtax
-
-
-
-
total
2 633
9 660
-
-
Dividends
6 772
24 840
-
-
surtax
-
-
-
-
social contributions
1 166
4 273
-
-
withholding
866
3 179
-
-
total
2 032
7 452
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 330
17 112
13 785
13 955
After tax
20 170
17 388
20 715
20 545
Living cost
15 429
15 429
15 429
15 429
Free-cash
4 741
1 959
5 286
5 116

Estimated living cost  is ₴15429 per week

₴8948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1567
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.
₴4621
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
₴10435
₴9855
₴11542
₴10693
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
16 972
-
34 500
-
social contributions
2 342
-
4 761
-
income
2 831
-
6 862
-
health
1 185
-
2 408
-
total
6 358
-
14 031
-
Employer
16 972
-
34 500
-
total
-
-
-
-
Corporate
17 528
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%.

877
1 725
-
-
total
877
1 725
-
-
Dividends
16 651
32 775
-
-
social contributions
2 298
4 523
-
-
withholding
2 497
4 916
-
-
health
1 163
2 287
-
-
total
5 958
11 726
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 193
13 451
14 031
12 344
After tax
21 307
21 049
20 469
22 156
Living cost
10 614
10 614
10 614
10 614
Free-cash
10 693
10 435
9 855
11 542

Estimated living cost  is ₴10614 per week

₴7103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2611
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
₴1966
-₴5302
₴1013
₴1190
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
-
-
-
3 521
surtax
-
-
-
99
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
138
health
-
-
-
2 639
pensions
-
-
-
6 382
total
-
-
-
15 849
Employee
25 016
19 948
26 713
-
other
250
199
267
-
unemployment
750
598
802
-
pensions
2 562
2 042
2 736
-
income
2 848
1 471
3 334
-
health
968
772
1 034
-
total
7 378
5 082
8 173
-
Employer
25 016
19 948
26 713
-
chamber of commerce
100
80
106
-
health
945
754
1 010
-
pensions
3 139
2 504
3 352
-
accident
325
259
348
-
unemployment
750
598
802
-
surtax
99
99
99
-
payroll
750
598
802
-
other
1 188
947
1 269
-
total
7 296
5 839
7 788
-
Corporate
2 187
8 712
24 813
-
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.

547
2 178
6 203
-
total
547
2 178
6 203
-
Dividends
1 640
6 534
-
-
withholding
451
1 797
-
-
total
451
1 797
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 672
14 896
22 164
15 849
After tax
18 828
19 604
12 336
18 651
Living cost
17 638
17 638
17 638
17 638
Free-cash
1 190
1 966
-5 302
1 013

Estimated living cost  is ₴17638 per week

₴11764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴4080
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
₴1155
-₴3869
-₴573
-₴11728
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.

-
-
-
1 797
social contributions
-
-
-
4 542
national
-
-
-
10 483
total
-
-
-
16 822
Employee

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

35 805
-
26 722
-
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.

312
-
233
-
communal

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

1 868
-
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.

2 685
-
2 004
-
national
11 008
-
7 453
-
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.

1 682
-
1 257
-
total
17 555
-
12 341
-
Employer

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

35 805
-
26 722
-
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.

2 202
-
1 643
-
pensions

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

3 173
-
2 367
-
accident

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

465
-
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.

522
-
390
-
surtax
4 060
-
3 030
-
total
10 422
-
7 777
-
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.

-
8 056
-
-
total
-
8 056
-
-
Income
34 500
34 500
34 500
34 500
Total tax
27 977
15 094
20 118
16 822
After tax
6 523
19 406
14 382
17 678
Living cost
18 251
18 251
18 251
18 251
Free-cash
-11 728
1 155
-3 869
-573

Estimated living cost  is ₴18251 per week

₴11756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1596
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.
₴4614
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
₴5204
₴815
₴572
₴1129
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
-
-
-
311
income
-
-
-
5 502
other
-
-
-
34
unemployment
-
-
-
241
pensions
-
-
-
9 763
total
-
-
-
15 851
Employee
24 917
-
26 160
-
other
25
-
27
-
unemployment
387
-
406
-
pensions
1 171
-
1 229
-
income
5 257
-
5 607
-
total
6 840
-
7 269
-
Employer
24 917
-
26 160
-
pensions
5 880
-
6 173
-
accident
493
-
518
-
unemployment
1 371
-
1 439
-
other
199
-
209
-
total
7 943
-
8 339
-
Corporate
1 641
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.

246
5 175
-
-
total
246
5 175
-
-
Dividends
1 395
29 325
-
-
withholding
265
6 044
-
-
total
265
6 044
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 294
11 219
15 608
15 851
After tax
19 206
23 281
18 892
18 649
Living cost
18 077
18 077
18 077
18 077
Free-cash
1 129
5 204
815
572

Estimated living cost  is ₴18077 per week

₴13312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1282
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.
₴3222
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
-₴5713
-₴4254
-₴4913
-₴7935
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
-
-
-
311
income
-
-
-
1 965
surtax
-
-
-
1 826
health
-
-
-
2 588
pensions
-
-
-
5 520
total
-
-
-
12 210
Employee
37 907
-
30 818
-
pensions
3 032
-
2 465
-
surtax
2 323
-
1 888
-
income
3 661
-
2 146
-
health
1 687
-
1 371
-
total
10 703
-
7 870
-
Employer
37 907
-
30 818
-
health
1 156
-
939
-
pensions
3 032
-
2 465
-
accident
341
-
277
-
total
4 529
-
3 681
-
Corporate
-
34 500
-
-
communal
-
2 329
-
-
income
-
5 175
-
-
surtax
-
362
-
-
total
-
7 866
-
-
Dividends
-
26 634
-
-
income
-
1 149
-
-
withholding
-
3 995
-
-
total
-
5 144
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 232
13 010
11 551
12 210
After tax
19 268
21 490
22 949
22 290
Living cost
27 203
27 203
27 203
27 203
Free-cash
-7 935
-5 713
-4 254
-4 913

Estimated living cost  is ₴27203 per week

₴20406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1648
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.
₴4860
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
₴10458
₴7018
₴7774
₴8864
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
-
-
-
5 550
other
-
-
-
-
surtax
-
-
-
469
unemployment
-
-
-
114
health
-
-
-
2 450
pensions
-
-
-
6 900
total
-
-
-
15 483
Employee
16 857
-
28 500
-
other
-
-
-
-
unemployment
1 173
-
1 983
-
pensions
1 125
-
1 901
-
surtax
60
-
411
-
income
2 826
-
5 218
-
health
430
-
727
-
total
5 614
-
10 240
-
Employer
16 857
-
28 500
-
health
767
-
1 297
-
pensions
2 247
-
3 799
-
unemployment
535
-
903
-
other
-
-
-
-
total
3 549
-
5 999
-
Corporate
14 094
34 500
-
-
income
3 665
8 970
-
-
total
3 665
8 970
-
-
Dividends
10 429
25 530
-
-
withholding
1 565
3 829
-
-
total
1 565
3 829
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 393
12 799
16 239
15 483
After tax
20 107
21 701
18 261
19 017
Living cost
11 243
11 243
11 243
11 243
Free-cash
8 864
10 458
7 018
7 774

Estimated living cost  is ₴11243 per week

₴6788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3217
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
₴4650
₴3131
₴5069
₴3540
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
-
-
-
6 349
total
-
-
-
15 947
Employee
27 767
-
34 500
-
municipal
147
-
183
-
national
4 399
-
5 604
-
regional
374
-
464
-
social contributions
9 363
-
11 634
-
total
14 283
-
17 885
-
Employer
27 767
-
34 500
-
total
-
-
-
-
Corporate
6 733
34 500
-
-
municipal
334
1 715
-
-
nationa
1 616
8 280
-
-
total
1 950
9 995
-
-
Dividends
4 783
24 505
-
-
withholding
1 243
6 371
-
-
total
1 243
6 371
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 476
16 366
17 885
15 947
After tax
17 024
18 134
16 615
18 553
Living cost
13 484
13 484
13 484
13 484
Free-cash
3 540
4 650
3 131
5 069

Estimated living cost  is ₴13484 per week

₴8386
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.
₴231
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.
₴3501
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
₴8649
₴2403
₴1700
₴3261
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
22 212
-
25 746
-
solidarity contribution
-
-
-
-
social contributions
1 444
-
1 673
-
income
2 665
-
3 090
-
health
2 999
-
3 476
-
total
7 108
-
8 239
-
Employer
22 212
-
25 746
-
health
1 999
-
2 317
-
social contributions
5 553
-
6 437
-
total
7 552
-
8 754
-
Corporate
4 736
34 500
-
-
income
900
6 555
-
-
total
900
6 555
-
-
Dividends
3 836
27 945
-
-
withholding
575
4 192
-
-
total
575
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 135
10 747
16 993
17 696
After tax
18 365
23 753
17 507
16 804
Living cost
15 104
15 104
15 104
15 104
Free-cash
3 261
8 649
2 403
1 700

Estimated living cost  is ₴15104 per week

₴11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴2774
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
₴3688
-₴3612
₴2780
₴3440
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
-
-
-
3 521
surtax
-
-
-
-
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
138
health
-
-
-
2 639
pensions
-
-
-
6 382
total
-
-
-
15 750
Employee
21 881
19 948
26 790
-
other
218
199
268
-
unemployment
656
598
804
-
pensions
2 241
2 042
2 743
-
income
1 949
1 471
3 356
-
health
846
772
1 036
-
total
5 910
5 082
8 207
-
Employer
21 881
19 948
26 790
-
chamber of commerce
87
80
107
-
health
827
754
1 013
-
pensions
2 746
2 504
3 362
-
accident
284
259
349
-
unemployment
656
598
804
-
surtax
-
-
-
-
payroll
656
598
804
-
other
1 039
947
1 273
-
total
6 295
5 740
7 712
-
Corporate
6 322
8 811
24 890
-
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.

1 581
2 203
6 223
-
total
1 581
2 203
6 223
-
Dividends
4 741
6 608
-
-
withholding
1 304
1 817
-
-
total
1 304
1 817
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 090
14 842
22 142
15 750
After tax
19 410
19 658
12 358
18 750
Living cost
15 970
15 970
15 970
15 970
Free-cash
3 440
3 688
-3 612
2 780

Estimated living cost  is ₴15970 per week

₴9580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4474
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
₴26502
₴21327
₴27882
₴25326
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
7 842
-
34 500
-
income
1 568
-
6 900
-
total
1 568
-
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%.

26 658
34 500
-
-
total
-
-
-
-
Dividends
26 658
34 500
-
-
withholding
1 333
1 725
-
-
total
1 333
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 901
1 725
6 900
345
After tax
31 599
32 775
27 600
34 155
Living cost
6 273
6 273
6 273
6 273
Free-cash
25 326
26 502
21 327
27 882

Estimated living cost  is ₴6273 per week

₴4245
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.
₴1554
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
₴10327
₴4117
₴5106
₴6140
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
-
-
-
6 222
unemployment
-
-
-
51
health
-
-
-
3 394
pensions
-
-
-
6 301
total
-
-
-
15 968
Employee

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

22 135
-
29 852
-
unemployment
31
-
42
-
pensions
3 431
-
4 627
-
income
3 817
-
5 712
-
health
1 430
-
1 928
-
total
8 709
-
12 309
-
Employer

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

22 135
-
29 852
-
health
1 474
-
1 988
-
pensions
1 959
-
2 642
-
unemployment
13
-
18
-
total
3 446
-
4 648
-
Corporate
8 919
34 500
-
-
income
1 695
6 555
-
-
total
1 695
6 555
-
-
Dividends
7 224
27 945
-
-
withholding
1 084
4 192
-
-
total
1 084
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 934
10 747
16 957
15 968
After tax
19 566
23 753
17 543
18 532
Living cost
13 426
13 426
13 426
13 426
Free-cash
6 140
10 327
4 117
5 106

Estimated living cost  is ₴13426 per week

₴9214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴861
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.
₴3092
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
-₴390
₴6602
₴2462
-₴39381
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
30 656
-
-
-
social contributions
2 514
-
358
-
income
6 762
-
-
-
total
9 276
-
358
-
Employer
30 656
-
-
-
social contributions
43 225
-
6 160
-
total
43 225
-
6 160
-
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
52 501
13 510
6 518
10 658
After tax
-18 001
20 990
27 982
23 842
Living cost
21 380
21 380
21 380
21 380
Free-cash
-39 381
-390
6 602
2 462

Estimated living cost  is ₴21380 per week

₴13872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴5224
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
₴3922
₴2789
₴3984
₴3418
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
-
-
-
2 826
surtax
-
-
-
-
social contributions

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

-
-
-
11 989
total
-
-
-
14 815
Employee
23 022
-
27 879
-
surtax
-
-
-
-
social contributions
2 532
-
3 066
-
income
4 789
-
6 323
-
total
7 321
-
9 389
-
Employer
23 022
-
27 879
-
social contributions
5 468
-
6 621
-
total
5 468
-
6 621
-
Corporate
6 010
34 500
-
-
income
1 262
7 245
-
-
surtax
-
-
-
-
total
1 262
7 245
-
-
Dividends
4 748
27 255
-
-
withholding
1 330
7 632
-
-
total
1 330
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 381
14 877
16 010
14 815
After tax
19 119
19 623
18 490
19 685
Living cost
15 701
15 701
15 701
15 701
Free-cash
3 418
3 922
2 789
3 984

Estimated living cost  is ₴15701 per week

₴11748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2765
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
-₴6788
-₴3461
-₴3631
-₴6641
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
-
-
-
1 831
other
-
-
-
1 070
surtax
-
-
-
-
social contributions
-
-
-
982
health
-
-
-
299
pensions
-
-
-
9 773
total
-
-
-
13 955
Employee
31 351
-
26 290
-
pensions
3 546
-
2 974
-
surtax
-
-
-
-
social contributions
893
-
749
-
income
2 735
-
1 852
-
total
7 174
-
5 575
-
Employer
31 351
-
26 290
-
health
2 194
-
1 840
-
pensions
5 151
-
4 319
-
unemployment
1 270
-
1 065
-
social contributions
94
-
79
-
other
1 082
-
907
-
total
9 791
-
8 210
-
Corporate
-
34 500
-
-
income
-
9 660
-
-
surtax
-
-
-
-
total
-
9 660
-
-
Dividends
-
24 840
-
-
surtax
-
-
-
-
social contributions
-
4 273
-
-
withholding
-
3 179
-
-
total
-
7 452
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 965
17 112
13 785
13 955
After tax
17 535
17 388
20 715
20 545
Living cost
24 176
24 176
24 176
24 176
Free-cash
-6 641
-6 788
-3 461
-3 631

Estimated living cost  is ₴24176 per week

₴16362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴5505
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
₴16003
₴12625
₴11658
₴14322
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
-
-
-
205
social contributions
-
-
-
7 590
total
-
-
-
7 795
Employee
16 093
-
29 870
-
income
-
-
256
-
social contributions
1 046
-
1 942
-
total
1 046
-
2 198
-
Employer
16 093
-
29 870
-
social contributions
2 494
-
4 630
-
total
2 494
-
4 630
-
Corporate
15 913
34 500
-
-
income
1 591
3 450
-
-
total
1 591
3 450
-
-
Dividends
14 322
31 050
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
5 131
3 450
6 828
7 795
After tax
29 369
31 050
27 672
26 705
Living cost
15 047
15 047
15 047
15 047
Free-cash
14 322
16 003
12 625
11 658

Estimated living cost  is ₴15047 per week

₴9729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴3900
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
-₴74559
-₴74559
-₴2083
-₴74559
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
-
-
-
2 725
municipal
-
-
-
5 895
national
-
-
-
3 422
pensions
-
-
-
434
total
-
-
-
12 476
Employee
101 748
101 748
101 748
-
municipal
21 667
21 667
21 667
-
labour market
8 128
8 128
8 128
-
pensions
145
145
145
-
national
12 430
12 430
12 430
-
total
42 370
42 370
42 370
-
Employer
101 748
101 748
101 748
-
national
12 452
12 452
12 452
-
labour market
8 140
8 140
8 140
-
pensions
289
289
289
-
municipal
21 701
21 701
21 701
-
total
42 582
42 582
42 582
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
84 952
84 952
84 952
12 476
After tax
-50 452
-50 452
-50 452
22 024
Living cost
24 107
24 107
24 107
24 107
Free-cash
-74 559
-74 559
-74 559
-2 083

Estimated living cost  is ₴24107 per week

₴16499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴371
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.
₴5104
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
-₴8201
₴6792
₴12787
₴1107
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
-
-
-
128
income
-
-
-
7 185
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
10 718
Employee
17 296
-
28 659
-
pensions
1 948
-
3 227
-
income
2 373
-
4 364
-
health
1 980
-
3 281
-
total
6 301
-
10 872
-
Employer
17 296
-
28 659
-
pensions
2 812
-
4 660
-
accident
289
-
479
-
unemployment
424
-
702
-
total
3 525
-
5 841
-
Corporate
13 680
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.

12 312
31 050
-
-
total
12 312
31 050
-
-
Dividends
1 368
3 450
-
-
withholding
260
656
-
-
total
260
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 398
31 706
16 713
10 718
After tax
12 102
2 794
17 787
23 782
Living cost
10 995
10 995
10 995
10 995
Free-cash
1 107
-8 201
6 792
12 787

Estimated living cost  is ₴10995 per week

₴8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2159
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
₴4418
₴1696
₴6736
₴2211
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
-
-
-
322
municipal
-
-
-
6 152
national
-
-
-
2 072
total
-
-
-
8 546
Employee
26 336
-
29 023
-
municipal
4 314
-
4 750
-
unemployment
395
-
435
-
pensions
1 777
-
1 959
-
national
435
-
728
-
health
197
-
238
-
total
7 118
-
8 110
-
Employer
26 336
-
29 023
-
health
202
-
223
-
pensions
4 569
-
5 035
-
accident
27
-
29
-
unemployment
171
-
189
-
total
4 969
-
5 476
-
Corporate
3 195
34 500
-
-
income
639
6 900
-
-
total
639
6 900
-
-
Dividends

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

1 917
20 700
-
-
municipal
345
3 726
-
-
national
-
238
-
-
total
345
3 964
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 071
10 864
13 586
8 546
After tax
21 429
23 636
20 914
25 954
Living cost
19 218
19 218
19 218
19 218
Free-cash
2 211
4 418
1 696
6 736

Estimated living cost  is ₴19218 per week

₴12553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4511
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
₴11592
₴12821
₴14624
₴11031
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
-
-
-
2 025
social contributions
-
-
-
5 382
health
-
-
-
880
total
-
-
-
8 287
Employee
38 491
38 491
38 491
-
social contributions
1 455
3 195
2 600
-
income
4 191
3 563
3 778
-
health
298
654
533
-
total
5 944
7 412
6 911
-
Employer
38 491
38 491
38 491
-
health
324
712
579
-
social contributions
1 455
3 195
2 600
-
total
1 779
3 907
3 179
-
Corporate
15 187
-
-
-
income
1 898
-
-
-
total
1 898
-
-
-
Dividends
13 289
-
-
-
withholding
2 259
-
-
-
total
2 259
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 880
11 319
10 090
8 287
After tax
22 620
23 181
24 410
26 213
Living cost
11 589
11 589
11 589
11 589
Free-cash
11 031
11 592
12 821
14 624

Estimated living cost  is ₴11589 per week

₴6946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1137
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.
₴3251
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
₴20622
₴13385
₴18477
₴18075
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
-
-
-
3 067
unemployment
-
-
-
14
health
-
-
-
1 811
pensions
-
-
-
3 184
total
-
-
-
8 076
Employee

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

11 490
-
31 278
-
unemployment
57
-
157
-
pensions
1 723
-
4 692
-
income
786
-
2 438
-
health
977
-
2 659
-
total
3 543
-
9 946
-
Employer

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

11 490
-
31 278
-
health
494
-
1 345
-
pensions
632
-
1 720
-
unemployment
57
-
157
-
total
1 183
-
3 222
-
Corporate
21 828
34 500
-
-
income
1 964
3 105
-
-
total
1 964
3 105
-
-
Dividends
19 863
31 395
-
-
withholding
1 788
2 826
-
-
total
1 788
2 826
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 478
5 931
13 168
8 076
After tax
26 022
28 569
21 332
26 424
Living cost
7 947
7 947
7 947
7 947
Free-cash
18 075
20 622
13 385
18 477

Estimated living cost  is ₴7947 per week

₴5071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
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.
₴2067
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
₴9516
₴5127
₴4884
₴6891
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
-
-
-
311
income
-
-
-
5 502
other
-
-
-
34
unemployment
-
-
-
241
pensions
-
-
-
9 763
total
-
-
-
15 851
Employee
18 509
-
26 160
-
other
18
-
27
-
unemployment
287
-
406
-
pensions
870
-
1 229
-
income
3 568
-
5 607
-
total
4 743
-
7 269
-
Employer
18 509
-
26 160
-
pensions
4 368
-
6 173
-
accident
367
-
518
-
unemployment
1 018
-
1 439
-
other
148
-
209
-
total
5 901
-
8 339
-
Corporate
10 090
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.

1 513
5 175
-
-
total
1 513
5 175
-
-
Dividends
8 577
29 325
-
-
withholding
1 687
6 044
-
-
total
1 687
6 044
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 844
11 219
15 608
15 851
After tax
20 656
23 281
18 892
18 649
Living cost
13 765
13 765
13 765
13 765
Free-cash
6 891
9 516
5 127
4 884

Estimated living cost  is ₴13765 per week

₴9291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2910
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
₴20517
₴20748
₴20820
₴20351
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
-
-
-
11 396
health
-
-
-
535
pensions
-
-
-
738
total
-
-
-
12 669
Employee
1 540
-
33 670
-
unemployment
15
-
37
-
pensions
139
-
332
-
income
298
-
11 358
-
health
77
-
184
-
total
529
-
11 911
-
Employer
1 540
-
33 670
-
health
146
-
350
-
pensions
169
-
406
-
unemployment
31
-
74
-
total
346
-
830
-
Corporate
32 613
34 500
-
-
income
7 175
7 590
-
-
total
7 175
7 590
-
-
Dividends
25 438
26 910
-
-
withholding
5 088
5 382
-
-
total
5 088
5 382
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 138
12 972
12 741
12 669
After tax
21 362
21 528
21 759
21 831
Living cost
1 011
1 011
1 011
1 011
Free-cash
20 351
20 517
20 748
20 820

Estimated living cost  is ₴1011 per week

₴601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴305
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
₴16265
₴9611
₴8248
₴13802
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
-
-
-
4 550
unemployment
-
-
-
518
health
-
-
-
3 553
pensions
-
-
-
8 970
total
-
-
-
17 591
Employee

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

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

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

13 060
-
29 262
-
unemployment
98
-
219
-
pensions
1 828
-
4 097
-
income
1 800
-
5 168
-
health
673
-
1 507
-
total
4 399
-
10 991
-
Employer

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

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

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

13 060
-
29 262
-
health
673
-
1 507
-
pensions
1 567
-
3 511
-
unemployment
98
-
219
-
total
2 338
-
5 237
-
Corporate
19 102
34 500
-
-
income
2 865
5 175
-
-
total
2 865
5 175
-
-
Dividends
16 237
29 325
-
-
withholding
2 435
4 399
-
-
total
2 435
4 399
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 037
9 574
16 228
17 591
After tax
22 463
24 926
18 272
16 909
Living cost
8 661
8 661
8 661
8 661
Free-cash
13 802
16 265
9 611
8 248

Estimated living cost  is ₴8661 per week

₴5832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1909
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
₴6128
₴4995
₴6190
₴5949
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
-
-
-
2 826
surtax
-
-
-
-
social contributions

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

-
-
-
11 989
total
-
-
-
14 815
Employee
19 428
-
27 879
-
surtax
-
-
-
-
social contributions
2 137
-
3 066
-
income
3 796
-
6 323
-
total
5 933
-
9 389
-
Employer
19 428
-
27 879
-
social contributions
4 614
-
6 621
-
total
4 614
-
6 621
-
Corporate
10 458
34 500
-
-
income
2 196
7 245
-
-
surtax
-
-
-
-
total
2 196
7 245
-
-
Dividends
8 262
27 255
-
-
withholding
2 313
7 632
-
-
total
2 313
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 056
14 877
16 010
14 815
After tax
19 444
19 623
18 490
19 685
Living cost
13 495
13 495
13 495
13 495
Free-cash
5 949
6 128
4 995
6 190

Estimated living cost  is ₴13495 per week

₴9558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴938
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.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴5689
₴1300
₴1057
₴1802
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
-
-
-
311
income
-
-
-
5 502
other
-
-
-
34
unemployment
-
-
-
241
pensions
-
-
-
9 763
total
-
-
-
15 851
Employee
24 175
-
26 160
-
other
24
-
27
-
unemployment
374
-
406
-
pensions
1 136
-
1 229
-
income
5 049
-
5 607
-
total
6 583
-
7 269
-
Employer
24 175
-
26 160
-
pensions
5 705
-
6 173
-
accident
479
-
518
-
unemployment
1 330
-
1 439
-
other
194
-
209
-
total
7 708
-
8 339
-
Corporate
2 618
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.

392
5 175
-
-
total
392
5 175
-
-
Dividends
2 225
29 325
-
-
withholding
423
6 044
-
-
total
423
6 044
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 106
11 219
15 608
15 851
After tax
19 394
23 281
18 892
18 649
Living cost
17 592
17 592
17 592
17 592
Free-cash
1 802
5 689
1 300
1 057

Estimated living cost  is ₴17592 per week

₴12634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Source of data for Madrid model

Close
Sofia , Bulgaria
₴20887
₴16821
₴16045
₴17837
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
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
9 844
Employee
11 402
-
31 070
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
pensions

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

1 001
-
1 535
-
income
1 140
-
3 107
-
health
525
-
804
-
total
2 791
-
5 638
-
Employer
11 402
-
31 070
-
health
787
-
1 206
-
pensions

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

1 256
-
1 927
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
unemployment
68
-
105
-
total
2 236
-
3 430
-
Corporate
20 861
34 500
-
-
income
2 086
3 450
-
-
total
2 086
3 450
-
-
Dividends
18 774
31 050
-
-
withholding
939
1 552
-
-
total
939
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 052
5 002
9 068
9 844
After tax
26 448
29 498
25 432
24 656
Living cost
8 611
8 611
8 611
8 611
Free-cash
17 837
20 887
16 821
16 045

Estimated living cost  is ₴8611 per week

₴5695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2218
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
-₴1481
₴6581
₴4970
₴5067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
income

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

-
-
-
4 904
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.

-
-
-
270
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.

-
-
-
3 420
trade
-
-
-
1 611
total
-
-
-
10 205
Employee

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

24 906
-
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.

113
-
270
-
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.

2 048
-
4 904
-
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.

3 420
-
3 420
-
total
5 581
-
8 594
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 594
34 500
-
-
income
1 439
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
285
-
-
chamber of commerce
90
126
-
-
trade
1 376
4 951
-
-
total
2 984
10 537
-
-
Dividends
6 609
23 963
-
-
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.

81
319
-
-
withholding
1 462
5 800
-
-
total
1 543
6 119
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 108
16 656
8 594
10 205
After tax
24 392
17 844
25 906
24 295
Living cost
19 325
19 325
19 325
19 325
Free-cash
5 067
-1 481
6 581
4 970

Estimated living cost  is ₴19325 per week

₴13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2079
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.
₴3634
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
-₴4365
-₴2281
-₴2281
-₴4655
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
-
-
-
5 527
social contributions
-
-
-
2 740
total
-
-
-
8 267
Employee
39 155
-
34 500
-
income
7 388
-
5 527
-
social contributions
3 253
-
2 740
-
total
10 641
-
8 267
-
Employer
39 155
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
income
-
4 313
-
-
total
-
4 313
-
-
Dividends
-
30 187
-
-
withholding
-
6 038
-
-
total
-
6 038
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 641
10 351
8 267
8 267
After tax
23 859
24 149
26 233
26 233
Living cost
28 514
28 514
28 514
28 514
Free-cash
-4 655
-4 365
-2 281
-2 281

Estimated living cost  is ₴28514 per week

₴21693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2323
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.
₴4225
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
₴1610
₴6924
-₴947
₴4509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
34 500
income
-
-
-
14 249
health

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

-
-
-
3 028
total
-
-
-
17 277
Employee
22 963
-
32 197
-
income
2 492
-
4 800
-
social contributions
2 301
-
2 303
-
total
4 793
-
7 103
-
Employer
22 963
-
32 197
-
social contributions
2 301
-
2 303
-
total
2 301
-
2 303
-
Corporate
9 237
34 500
-
-
income
3 233
12 075
-
-
total
3 233
12 075
-
-
Dividends
6 004
22 425
-
-
social contributions
1 494
2 645
-
-
total
1 494
2 645
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 821
14 720
9 406
17 277
After tax
22 679
19 780
25 094
17 223
Living cost
18 170
18 170
18 170
18 170
Free-cash
4 509
1 610
6 924
-947

Estimated living cost  is ₴18170 per week

₴11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
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.
₴4490
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
₴7195
₴3460
₴7133
₴4361
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
-
-
-
6 447
pensions
-
-
-
2 266
total
-
-
-
8 713
Employee
25 605
-
30 637
-
pensions
1 954
-
2 558
-
income
4 663
-
5 529
-
health
334
-
437
-
total
6 951
-
8 524
-
Employer
25 605
-
30 637
-
health
487
-
582
-
pensions
2 587
-
3 280
-
total
3 074
-
3 862
-
Corporate
5 822
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.

1 106
6 555
-
-
total
1 106
6 555
-
-
Dividends
4 716
27 945
-
-
withholding
354
2 096
-
-
total
354
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 485
8 651
12 386
8 713
After tax
23 015
25 849
22 114
25 787
Living cost
18 654
18 654
18 654
18 654
Free-cash
4 361
7 195
3 460
7 133

Estimated living cost  is ₴18654 per week

₴12796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3907
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
-₴9289
₴5704
₴11699
₴941
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
-
-
-
128
income
-
-
-
7 185
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
10 718
Employee
19 008
-
28 659
-
pensions
2 140
-
3 227
-
income
2 608
-
4 364
-
health
2 176
-
3 281
-
total
6 924
-
10 872
-
Employer
19 008
-
28 659
-
pensions
3 091
-
4 660
-
accident
317
-
479
-
unemployment
466
-
702
-
total
3 874
-
5 841
-
Corporate
11 619
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.

10 457
31 050
-
-
total
10 457
31 050
-
-
Dividends
1 162
3 450
-
-
withholding
221
656
-
-
total
221
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
21 476
31 706
16 713
10 718
After tax
13 024
2 794
17 787
23 782
Living cost
12 083
12 083
12 083
12 083
Free-cash
941
-9 289
5 704
11 699

Estimated living cost  is ₴12083 per week

₴8868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
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.
₴2268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴22561
₴13373
₴13373
₴20126
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
-
-
-
4 876
unemployment
-
-
-
414
work injury
-
-
-
172
health insurance
-
-
-
2 553
pensions
-
-
-
6 348
total
-
-
-
14 363
Employee

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

10 822
-
34 500
-
health insurance
801
-
2 553
-
unemployment
130
-
414
-
work injury
54
-
172
-
pensions
1 991
-
6 348
-
income
1 082
-
4 876
-
total
4 058
-
14 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 678
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
23 678
34 500
-
-
withholding
3 552
5 175
-
-
total
3 552
5 175
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 610
5 175
14 363
14 363
After tax
26 890
29 325
20 137
20 137
Living cost
6 764
6 764
6 764
6 764
Free-cash
20 126
22 561
13 373
13 373

Estimated living cost  is ₴6764 per week

₴4190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
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.
₴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 Skopje model

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Rome , Italy
-₴1768
-₴3367
-₴1451
-₴7681
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
-
-
-
557
municipal
-
-
-
231
national
-
-
-
6 349
total
-
-
-
16 010
Employee
42 180
-
34 500
-
municipal
252
-
206
-
national
7 128
-
5 604
-
regional
637
-
482
-
social contributions
14 223
-
11 634
-
total
22 240
-
17 926
-
Employer
42 180
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
municipal
-
1 663
-
-
nationa
-
8 280
-
-
total
-
9 943
-
-
Dividends
-
24 556
-
-
withholding
-
6 384
-
-
total
-
6 384
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 240
16 327
17 926
16 010
After tax
12 260
18 173
16 574
18 490
Living cost
19 941
19 941
19 941
19 941
Free-cash
-7 681
-1 768
-3 367
-1 451

Estimated living cost  is ₴19941 per week

₴14007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4260
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

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