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
₴4495
₴9231
₴10127
₴12425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
trade
-
-
-
2 298
income

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

-
-
-
5 854
health

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

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

-
-
-
2 926
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.

-
-
-
322
total
-
-
-
11 400
Employee

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

16 381
-
34 500
-
health

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

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

2 926
-
2 926
-
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.

25
-
322
-
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.

458
-
5 854
-
total
3 409
-
9 102
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 119
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.

150
284
-
-
income
2 718
5 175
-
-
trade
2 854
5 434
-
-
chamber of commerce
91
115
-
-
total
5 813
11 008
-
-
Dividends
12 307
23 492
-
-
surtax

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

160
314
-
-
withholding
2 914
5 710
-
-
total
3 074
6 024
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 296
17 032
9 102
11 400
After tax
22 204
17 468
25 398
23 100
Living cost
12 973
12 973
12 973
12 973
Free-cash
9 231
4 495
12 425
10 127

Estimated living cost  is ₴12973 per week

₴8160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3058
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
-₴113
-₴2093
-₴553
-₴283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
municipal
-
-
-
3 491
pensions
-
-
-
4 140
national
-
-
-
5 410
social contributions
-
-
-
371
total
-
-
-
13 412
Employee
33 548
-
29 825
-
municipal
4 144
-
3 625
-
pensions
1 342
-
1 193
-
national
6 421
-
5 617
-
total
11 907
-
10 435
-
Employer
33 548
-
29 825
-
social contributions
361
-
321
-
pensions
2 684
-
2 386
-
total
3 045
-
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
14 952
12 972
13 142
13 412
After tax
19 548
21 528
21 358
21 088
Living cost
21 641
21 641
21 641
21 641
Free-cash
-2 093
-113
-283
-553

Estimated living cost  is ₴21641 per week

₴14709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
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.
₴4596
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
₴18690
₴15176
₴9602
₴10632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
34 500
microenterprise
-
-
-
-
income
-
-
-
4 896
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.

-
-
-
11 092
total
-
-
-
15 988
Employee
12 515
-
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.

1 377
-
3 058
-
surtax
-
-
-
-
income
2 228
-
5 203
-
total
3 605
-
8 261
-
Employer
12 515
-
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.

3 015
-
6 697
-
surtax
-
-
-
-
total
3 015
-
6 697
-
Corporate
18 971
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%.

3 794
6 900
-
-
total
3 794
6 900
-
-
Dividends

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

15 177
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 414
6 900
14 958
15 988
After tax
24 086
27 600
19 542
18 512
Living cost
8 910
8 910
8 910
8 910
Free-cash
15 176
18 690
10 632
9 602

Estimated living cost  is ₴8910 per week

₴5684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
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
-₴5627
-₴8031
₴1687
-₴8031
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
-
-
-
5 196
pensions
-
-
-
5 018
health
-
-
-
4 657
total
-
-
-
14 871
Employee
36 574
36 574
36 574
-
health
5 614
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
6 583
5 018
6 583
-
total
18 184
15 780
18 184
-
Employer
36 574
36 574
36 574
-
unemployment
1 317
1 317
1 317
-
pensions
2 546
2 546
2 546
-
health
2 542
2 542
2 542
-
total
6 405
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
24 589
22 185
24 589
14 871
After tax
9 911
12 315
9 911
19 629
Living cost
17 942
17 942
17 942
17 942
Free-cash
-8 031
-5 627
-8 031
1 687

Estimated living cost  is ₴17942 per week

₴12715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3324
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
₴2289
₴1918
₴650
₴1876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
municipal
-
-
-
7 308
accident
-
-
-
69
pensions
-
-
-
3 729
other
-
-
-
4 009
unemployment
-
-
-
34
health
-
-
-
2 153
national
-
-
-
-
total
-
-
-
17 302
Employee
23 579
-
26 252
-
municipal
7 031
-
7 828
-
national
-
-
-
-
total
7 031
-
7 828
-
Employer
23 579
-
26 252
-
accident
47
-
52
-
other
2 740
-
3 050
-
unemployment
622
-
693
-
pensions
2 549
-
2 838
-
health
1 450
-
1 615
-
total
7 408
-
8 248
-
Corporate
3 512
34 500
-
-
income
773
7 590
-
-
total
773
7 590
-
-
Dividends
2 739
26 910
-
-
withholding
822
8 073
-
-
total
822
8 073
-
-
Income
34 500
34 500
34 500
34 500
Total tax
16 034
15 663
16 076
17 302
After tax
18 466
18 837
18 424
17 198
Living cost
16 548
16 548
16 548
16 548
Free-cash
1 918
2 289
1 876
650

Estimated living cost  is ₴16548 per week

₴10967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
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.
₴3706
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
₴466
₴6483
₴6174
₴8573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
trade
-
-
-
2 399
income

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

-
-
-
5 854
health

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

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

-
-
-
2 926
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.

-
-
-
322
total
-
-
-
11 501
Employee

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

21 719
-
34 500
-
health

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

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

2 926
-
2 926
-
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.

102
-
322
-
income

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

1 866
-
5 854
-
total
4 894
-
9 102
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 781
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.

106
284
-
-
income
1 917
5 175
-
-
trade
2 103
5 676
-
-
chamber of commerce
83
114
-
-
total
4 209
11 249
-
-
Dividends
8 572
23 251
-
-
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.

109
310
-
-
withholding
1 980
5 650
-
-
total
2 089
5 960
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 192
17 209
9 102
11 501
After tax
23 308
17 291
25 398
22 999
Living cost
16 825
16 825
16 825
16 825
Free-cash
6 483
466
8 573
6 174

Estimated living cost  is ₴16825 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
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.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴10923
₴9634
₴11595
₴11202
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
-
-
-
2 752
health
-
-
-
879
social contributions
-
-
-
5 382
total
-
-
-
9 013
Employee
32 933
32 933
32 933
-
social contributions
1 600
2 733
2 599
-
health
328
560
532
-
income
3 458
3 049
3 097
-
total
5 386
6 342
6 228
-
Employer
32 933
32 933
32 933
-
social contributions
1 600
2 733
2 599
-
health
357
610
579
-
total
1 957
3 343
3 178
-
Corporate
13 265
-
-
-
income
1 658
-
-
-
total
1 658
-
-
-
Dividends
11 607
-
-
-
withholding
1 973
-
-
-
total
1 973
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 974
9 685
9 406
9 013
After tax
23 526
24 815
25 094
25 487
Living cost
13 892
13 892
13 892
13 892
Free-cash
9 634
10 923
11 202
11 595

Estimated living cost  is ₴13892 per week

₴9496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
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.
₴3077
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
₴11684
₴11848
₴16118
₴12218
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
pensions
-
-
-
3 450
unemployment
-
-
-
517
health
-
-
-
2 415
total
-
-
-
10 600
Employee

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

The minimum wage is 138,000 HUF per month.

11 233
4 471
28 870
-
health
786
313
2 021
-
income
1 373
547
3 529
-
pensions
1 123
447
2 887
-
unemployment
168
67
433
-
total
3 450
1 374
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.

11 233
4 471
28 870
-
pensions
2 190
872
5 630
-
total
2 190
872
5 630
-
Corporate
21 077
29 158
-
-
income
1 897
2 624
-
-
total
1 897
2 624
-
-
Dividends
19 180
26 534
-
-
social contributions
3 689
5 123
-
-
withholding
3 644
5 041
-
-
total
7 333
10 164
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 870
15 034
14 500
10 600
After tax
19 630
19 466
20 000
23 900
Living cost
7 782
7 782
7 782
7 782
Free-cash
11 848
11 684
12 218
16 118

Estimated living cost  is ₴7782 per week

₴5310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴17255
₴14595
₴8147
₴9540
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
-
-
-
4 623
pensions
-
-
-
6 900
health
-
-
-
4 485
total
-
-
-
16 008
Employee
12 150
-
25 785
-
income
1 368
-
4 972
-
pensions
243
-
515
-
unemployment
194
-
413
-
total
1 805
-
5 900
-
Employer
12 150
-
25 785
-
unemployment
98
-
206
-
pensions
2 430
-
5 157
-
health
1 579
-
3 352
-
total
4 107
-
8 715
-
Corporate
18 243
34 500
-
-
income
3 648
6 900
-
-
total
3 648
6 900
-
-
Dividends
14 595
27 600
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 560
6 900
14 615
16 008
After tax
24 940
27 600
19 885
18 492
Living cost
10 345
10 345
10 345
10 345
Free-cash
14 595
17 255
9 540
8 147

Estimated living cost  is ₴10345 per week

₴7095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2425
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
-₴6573
₴1359
₴14362
₴7982
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
-
-
-
108
income
-
-
-
7 804
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
10 771
Employee
14 735
-
28 659
-
health
1 687
-
3 282
-
income
2 022
-
4 801
-
pensions
1 659
-
3 227
-
total
5 368
-
11 310
-
Employer
14 735
-
28 659
-
accident
246
-
479
-
unemployment
361
-
702
-
pensions
2 396
-
4 660
-
total
3 003
-
5 841
-
Corporate
16 762
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.

15 085
31 050
-
-
total
15 085
31 050
-
-
Dividends
1 676
3 450
-
-
withholding
318
656
-
-
total
318
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
23 774
31 706
17 151
10 771
After tax
10 726
2 794
17 349
23 729
Living cost
9 367
9 367
9 367
9 367
Free-cash
1 359
-6 573
7 982
14 362

Estimated living cost  is ₴9367 per week

₴6865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴1788
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
₴28921
₴28199
₴30301
₴23746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
34 500
microenterprise

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

-
-
-
345
total
-
-
-
345
Employee
4 817
-
34 500
-
income
963
-
6 900
-
total
963
-
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%.

29 683
34 500
-
-
total
-
-
-
-
Dividends
29 683
34 500
-
-
withholding
1 484
1 725
-
-
total
1 484
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 447
1 725
6 900
345
After tax
32 053
32 775
27 600
34 155
Living cost
3 854
3 854
3 854
3 854
Free-cash
28 199
28 921
23 746
30 301

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
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.
₴1039
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
₴13935
₴11044
₴7269
₴8809
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
pensions

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

-
-
-
8 280
other
-
-
-
1 639
health
-
-
-
1 518
total
-
-
-
15 819
Employee
15 551
-
27 556
-
health
218
-
386
-
income
2 677
-
4 743
-
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.

1 088
-
1 929
-
unemployment
155
-
276
-
total
4 138
-
7 334
-
Employer
15 551
-
27 556
-
accident
124
-
220
-
other
778
-
1 378
-
unemployment
155
-
276
-
pensions

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

2 644
-
4 685
-
health
218
-
386
-
total
3 919
-
6 945
-
Corporate
15 030
34 500
-
-
income
3 156
7 245
-
-
total
3 156
7 245
-
-
Dividends
11 874
27 255
-
-
withholding
831
1 908
-
-
total
831
1 908
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 044
9 153
14 279
15 819
After tax
22 456
25 347
20 221
18 681
Living cost
11 412
11 412
11 412
11 412
Free-cash
11 044
13 935
8 809
7 269

Estimated living cost  is ₴11412 per week

₴8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2394
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
-₴2894
-₴11741
-₴3053
-₴6862
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
-
-
-
6 423
pensions
-
-
-
2 387
total
-
-
-
8 810
Employee
40 666
-
30 519
-
health
670
-
462
-
income
7 331
-
5 471
-
pensions
3 923
-
2 705
-
total
11 924
-
8 638
-
Employer
40 666
-
30 519
-
pensions
4 802
-
3 401
-
health
772
-
580
-
total
5 574
-
3 981
-
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
17 498
8 651
12 619
8 810
After tax
17 002
25 849
21 881
25 690
Living cost
28 743
28 743
28 743
28 743
Free-cash
-11 741
-2 894
-6 862
-3 053

Estimated living cost  is ₴28743 per week

₴21537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3595
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
₴23879
₴21888
₴19708
₴20619
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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
9 173
Employee
7 440
-
31 563
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
3 156
-
pensions

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

653
-
1 314
-
total
1 821
-
5 324
-
Employer
7 440
-
31 563
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
25 600
34 500
-
-
income
2 560
3 450
-
-
total
2 560
3 450
-
-
Dividends
23 040
31 050
-
-
withholding
1 152
1 552
-
-
total
1 152
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
6 993
5 002
8 262
9 173
After tax
27 507
29 498
26 238
25 327
Living cost
5 619
5 619
5 619
5 619
Free-cash
21 888
23 879
20 619
19 708

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1789
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
-₴11434
-₴12160
-₴4120
-₴13838
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
-
-
-
5 196
pensions
-
-
-
5 018
health
-
-
-
4 657
total
-
-
-
14 871
Employee
39 708
36 574
36 574
-
health
4 954
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
5 018
5 018
6 583
-
total
15 959
15 780
18 184
-
Employer
39 708
36 574
36 574
-
unemployment
1 430
1 317
1 317
-
pensions
2 763
2 546
2 546
-
health
2 759
2 542
2 542
-
total
6 952
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
22 911
22 185
24 589
14 871
After tax
11 589
12 315
9 911
19 629
Living cost
23 749
23 749
23 749
23 749
Free-cash
-12 160
-11 434
-13 838
-4 120

Estimated living cost  is ₴23749 per week

₴17519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
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.
₴3837
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
₴13496
₴9837
₴6546
₴7249
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
health
-
-
-
4 658
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 074
total
-
-
-
17 697
Employee
15 084
-
25 746
-
social contributions
980
-
1 674
-
health
2 036
-
3 476
-
solidarity contribution
-
-
-
-
income
1 810
-
3 090
-
total
4 826
-
8 240
-
Employer
15 084
-
25 746
-
social contributions
3 771
-
6 437
-
health
1 358
-
2 317
-
total
5 129
-
8 754
-
Corporate
14 288
34 500
-
-
income
2 715
6 555
-
-
total
2 715
6 555
-
-
Dividends
11 573
27 945
-
-
withholding
1 736
4 192
-
-
total
1 736
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 406
10 747
16 994
17 697
After tax
20 094
23 753
17 506
16 803
Living cost
10 257
10 257
10 257
10 257
Free-cash
9 837
13 496
7 249
6 546

Estimated living cost  is ₴10257 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2201
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
₴336
-₴3564
₴236
-₴1405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
municipal
-
-
-
205
regional
-
-
-
366
national
-
-
-
6 747
social contributions
-
-
-
8 874
total
-
-
-
16 192
Employee
38 064
-
34 500
-
social contributions
12 835
-
11 633
-
regional
359
-
319
-
municipal
202
-
183
-
national
6 596
-
5 698
-
total
19 992
-
17 833
-
Employer
38 064
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
nationa
-
8 280
-
-
municipal
-
1 345
-
-
total
-
9 625
-
-
Dividends
-
24 874
-
-
withholding
-
6 467
-
-
total
-
6 467
-
-
Income
34 500
34 500
34 500
34 500
Total tax
19 992
16 092
17 833
16 192
After tax
14 508
18 408
16 667
18 308
Living cost
18 072
18 072
18 072
18 072
Free-cash
-3 564
336
-1 405
236

Estimated living cost  is ₴18072 per week

₴12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴4012
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
₴12249
₴10917
₴9152
₴8447
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
-
-
-
5 856
pensions
-
-
-
6 900
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 450
surtax
-
-
-
593
total
-
-
-
15 897
Employee
14 163
-
28 500
-
other
-
-
-
-
health
362
-
727
-
surtax
46
-
525
-
income
2 374
-
5 465
-
pensions
944
-
1 901
-
unemployment
986
-
1 984
-
total
4 712
-
10 602
-
Employer
14 163
-
28 500
-
other
-
-
-
-
unemployment
449
-
904
-
pensions
1 888
-
3 799
-
health
645
-
1 297
-
total
2 982
-
6 000
-
Corporate
17 356
34 500
-
-
income
4 512
8 970
-
-
total
4 512
8 970
-
-
Dividends
12 843
25 530
-
-
withholding
1 926
3 830
-
-
total
1 926
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 132
12 800
16 602
15 897
After tax
20 368
21 700
17 898
18 603
Living cost
9 451
9 451
9 451
9 451
Free-cash
10 917
12 249
8 447
9 152

Estimated living cost  is ₴9451 per week

₴5779
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.
₴218
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.
₴2582
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
₴6213
₴2832
₴6054
₴2245
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
-
-
-
6 423
pensions
-
-
-
2 387
total
-
-
-
8 810
Employee
27 254
-
30 519
-
health
396
-
462
-
income
4 908
-
5 471
-
pensions
2 313
-
2 705
-
total
7 617
-
8 638
-
Employer
27 254
-
30 519
-
pensions
2 950
-
3 401
-
health
518
-
580
-
total
3 468
-
3 981
-
Corporate
3 779
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.

718
6 555
-
-
total
718
6 555
-
-
Dividends
3 060
27 945
-
-
withholding
229
2 096
-
-
total
229
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 032
8 651
12 619
8 810
After tax
22 468
25 849
21 881
25 690
Living cost
19 636
19 636
19 636
19 636
Free-cash
2 832
6 213
2 245
6 054

Estimated living cost  is ₴19636 per week

₴14711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3247
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
-₴16593
-₴6988
-₴3369
-₴5132
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
city
-
-
-
363
pensions
-
-
-
3 174
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
-
-
-
1 020
health
-
-
-
106
national
-
-
-
147
total
-
-
-
5 500
Employee
37 880
-
30 879
-
city
407
-
332
-
regional
1 240
-
861
-
health
86
-
70
-
pensions
3 182
-
2 594
-
unemployment
-
-
-
-
national
179
-
124
-
total
5 094
-
3 981
-
Employer
37 880
-
30 879
-
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.

757
-
618
-
unemployment
-
-
-
-
pensions
3 182
-
2 594
-
health
86
-
70
-
total
4 025
-
3 282
-
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
9 119
18 724
7 263
5 500
After tax
25 381
15 776
27 237
29 000
Living cost
32 369
32 369
32 369
32 369
Free-cash
-6 988
-16 593
-5 132
-3 369

Estimated living cost  is ₴32369 per week

₴21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
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.
₴8018
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
-₴2506
₴4437
₴3276
₴5778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
trade
-
-
-
2 502
income

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

-
-
-
5 854
health

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

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

-
-
-
2 926
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.

-
-
-
322
total
-
-
-
11 604
Employee

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

25 739
-
34 500
-
health

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

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

2 926
-
2 926
-
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.

167
-
322
-
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.

3 027
-
5 854
-
total
6 120
-
9 102
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 761
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.

72
284
-
-
income
1 314
5 175
-
-
trade
1 503
5 917
-
-
chamber of commerce
77
114
-
-
total
2 966
11 490
-
-
Dividends
5 794
23 010
-
-
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.

71
307
-
-
withholding
1 286
5 589
-
-
total
1 357
5 896
-
-
Income
34 500
34 500
34 500
34 500
Total tax
10 443
17 386
9 102
11 604
After tax
24 057
17 114
25 398
22 896
Living cost
19 620
19 620
19 620
19 620
Free-cash
4 437
-2 506
5 778
3 276

Estimated living cost  is ₴19620 per week

₴14330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1569
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.
₴3466
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
₴2734
₴5266
₴5384
₴5711
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
-
-
-
2 058
pensions
-
-
-
10 054
other
-
-
-
1 070
health
-
-
-
298
surtax
-
-
-
-
social contributions
-
-
-
983
total
-
-
-
14 463
Employee
18 330
-
26 289
-
social contributions
523
-
749
-
surtax
-
-
-
-
income
1 082
-
2 202
-
pensions
2 073
-
2 973
-
total
3 678
-
5 924
-
Employer
18 330
-
26 289
-
other
632
-
907
-
social contributions
55
-
79
-
unemployment
742
-
1 065
-
pensions
3 011
-
4 321
-
health
1 283
-
1 840
-
total
5 723
-
8 212
-
Corporate
10 446
34 500
-
-
surtax
-
-
-
-
income
2 925
9 660
-
-
total
2 925
9 660
-
-
Dividends
7 520
24 840
-
-
surtax
-
-
-
-
social contributions
1 293
4 273
-
-
withholding
962
3 180
-
-
total
2 255
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 581
17 113
14 136
14 463
After tax
19 919
17 387
20 364
20 037
Living cost
14 653
14 653
14 653
14 653
Free-cash
5 266
2 734
5 711
5 384

Estimated living cost  is ₴14653 per week

₴9239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴4186
₴6565
₴6836
₴7163
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
-
-
-
2 058
pensions
-
-
-
10 054
other
-
-
-
1 070
health
-
-
-
298
surtax
-
-
-
-
social contributions
-
-
-
983
total
-
-
-
14 463
Employee
16 362
-
26 289
-
social contributions
467
-
749
-
surtax
-
-
-
-
income
844
-
2 202
-
pensions
1 851
-
2 973
-
total
3 162
-
5 924
-
Employer
16 362
-
26 289
-
other
565
-
907
-
social contributions
49
-
79
-
unemployment
662
-
1 065
-
pensions
2 689
-
4 321
-
health
1 145
-
1 840
-
total
5 110
-
8 212
-
Corporate
13 028
34 500
-
-
surtax
-
-
-
-
income
3 648
9 660
-
-
total
3 648
9 660
-
-
Dividends
9 380
24 840
-
-
surtax
-
-
-
-
social contributions
1 614
4 273
-
-
withholding
1 200
3 180
-
-
total
2 814
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 734
17 113
14 136
14 463
After tax
19 766
17 387
20 364
20 037
Living cost
13 201
13 201
13 201
13 201
Free-cash
6 565
4 186
7 163
6 836

Estimated living cost  is ₴13201 per week

₴7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3954
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
₴11966
₴12187
₴13074
₴13565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
income
-
-
-
5 175
health
-
-
-
2 408
social contributions
-
-
-
4 761
total
-
-
-
12 344
Employee
14 522
-
34 500
-
social contributions
2 004
-
4 761
-
health
1 014
-
2 408
-
income
2 422
-
4 684
-
total
5 440
-
11 853
-
Employer
14 522
-
34 500
-
total
-
-
-
-
Corporate
19 978
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%.

999
1 725
-
-
total
999
1 725
-
-
Dividends
18 980
32 775
-
-
health
1 325
2 288
-
-
social contributions
2 620
4 523
-
-
withholding
2 847
4 916
-
-
total
6 792
11 727
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 231
13 452
11 853
12 344
After tax
21 269
21 048
22 647
22 156
Living cost
9 082
9 082
9 082
9 082
Free-cash
12 187
11 966
13 565
13 074

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2234
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
₴4389
₴3726
₴3237
-₴3441
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
chamber of commerce
-
-
-
138
income
-
-
-
4 300
pensions
-
-
-
6 383
unemployment
-
-
-
2 627
health
-
-
-
2 639
surtax
-
-
-
85
total
-
-
-
16 172
Employee
21 404
17 068
26 725
-
other
214
171
267
-
health
828
661
1 035
-
income
2 437
1 259
3 961
-
pensions
2 192
1 747
2 737
-
unemployment
642
512
801
-
total
6 313
4 350
8 801
-
Employer
21 404
17 068
26 725
-
accident
278
222
347
-
other
1 017
810
1 269
-
chamber of commerce
85
68
107
-
unemployment
642
512
801
-
surtax
85
85
85
-
pensions
2 686
2 142
3 354
-
payroll
642
512
801
-
health
809
645
1 010
-
total
6 244
4 996
7 774
-
Corporate
6 852
12 435
25 100
-
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.

1 713
3 109
6 275
-
total
1 713
3 109
6 275
-
Dividends
5 139
9 326
-
-
withholding
1 413
2 565
-
-
total
1 413
2 565
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 683
15 020
22 850
16 172
After tax
18 817
19 480
11 650
18 328
Living cost
15 091
15 091
15 091
15 091
Free-cash
3 726
4 389
-3 441
3 237

Estimated living cost  is ₴15091 per week

₴10065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
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.
₴3491
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
₴3764
-₴5055
₴1439
-₴1668
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
national
-
-
-
10 739
communal

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

-
-
-
1 774
social contributions
-
-
-
4 932
total
-
-
-
17 445
Employee

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

30 636
-
26 721
-
communal

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

1 598
-
1 394
-
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.

1 439
-
1 256
-
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.

2 298
-
2 004
-
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.

267
-
232
-
national
9 419
-
7 887
-
total
15 021
-
12 773
-
Employer

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

30 636
-
26 721
-
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.

398
-
348
-
unemployment

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

447
-
390
-
surtax
3 474
-
3 030
-
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.

2 715
-
2 368
-
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.

1 884
-
1 643
-
total
8 918
-
7 779
-
Corporate
-
34 500
-
-
surtax
-
138
-
-
income
-
6 900
-
-
total
-
7 038
-
-
Dividends
-
27 461
-
-
withholding

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

-
8 082
-
-
total
-
8 082
-
-
Income
34 500
34 500
34 500
34 500
Total tax
23 939
15 120
20 552
17 445
After tax
10 561
19 380
13 948
17 055
Living cost
15 616
15 616
15 616
15 616
Free-cash
-5 055
3 764
-1 668
1 439

Estimated living cost  is ₴15616 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3948
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
₴7797
₴4386
₴2930
₴3172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
accident
-
-
-
310
income
-
-
-
5 754
pensions
-
-
-
9 764
other
-
-
-
34
unemployment
-
-
-
241
total
-
-
-
16 103
Employee
21 319
-
26 161
-
other
21
-
26
-
income
4 498
-
5 859
-
pensions
1 002
-
1 230
-
unemployment
331
-
406
-
total
5 852
-
7 521
-
Employer
21 319
-
26 161
-
accident
422
-
518
-
other
170
-
209
-
unemployment
1 173
-
1 439
-
pensions
5 031
-
6 174
-
total
6 796
-
8 340
-
Corporate
6 385
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.

957
5 175
-
-
total
957
5 175
-
-
Dividends
5 428
29 325
-
-
withholding
1 042
6 061
-
-
total
1 042
6 061
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 647
11 236
15 861
16 103
After tax
19 853
23 264
18 639
18 397
Living cost
15 467
15 467
15 467
15 467
Free-cash
4 386
7 797
3 172
2 930

Estimated living cost  is ₴15467 per week

₴11390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2757
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
-₴1939
-₴1808
-₴2684
-₴937
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
-
-
-
291
income
-
-
-
2 132
pensions
-
-
-
5 171
health
-
-
-
2 424
surtax
-
-
-
1 710
communal
-
-
-
2 181
total
-
-
-
13 909
Employee
32 434
-
30 817
-
health
1 443
-
1 372
-
surtax
1 988
-
1 889
-
income
3 133
-
2 754
-
pensions
2 594
-
2 465
-
total
9 158
-
8 480
-
Employer
32 434
-
30 817
-
accident
292
-
277
-
pensions
2 594
-
2 465
-
health
989
-
940
-
total
3 875
-
3 682
-
Corporate
-
34 500
-
-
surtax
-
362
-
-
communal
-
2 329
-
-
income
-
5 175
-
-
total
-
7 866
-
-
Dividends
-
26 634
-
-
income
-
1 303
-
-
withholding
-
3 995
-
-
total
-
5 298
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 033
13 164
12 162
13 909
After tax
21 467
21 336
22 338
20 591
Living cost
23 275
23 275
23 275
23 275
Free-cash
-1 808
-1 939
-937
-2 684

Estimated living cost  is ₴23275 per week

₴17460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
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
₴12080
₴10719
₴8983
₴8278
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
-
-
-
5 856
pensions
-
-
-
6 900
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 450
surtax
-
-
-
593
total
-
-
-
15 897
Employee
14 423
-
28 500
-
other
-
-
-
-
health
368
-
727
-
surtax
51
-
525
-
income
2 418
-
5 465
-
pensions
962
-
1 901
-
unemployment
1 004
-
1 984
-
total
4 803
-
10 602
-
Employer
14 423
-
28 500
-
other
-
-
-
-
unemployment
458
-
904
-
pensions
1 923
-
3 799
-
health
656
-
1 297
-
total
3 037
-
6 000
-
Corporate
17 040
34 500
-
-
income
4 430
8 970
-
-
total
4 430
8 970
-
-
Dividends
12 610
25 530
-
-
withholding
1 891
3 830
-
-
total
1 891
3 830
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 161
12 800
16 602
15 897
After tax
20 339
21 700
17 898
18 603
Living cost
9 620
9 620
9 620
9 620
Free-cash
10 719
12 080
8 278
8 983

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2753
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
₴6597
₴5646
₴6617
₴4985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
municipal
-
-
-
205
regional
-
-
-
520
national
-
-
-
6 747
social contributions
-
-
-
8 874
total
-
-
-
16 346
Employee
23 758
-
34 500
-
social contributions
8 011
-
11 633
-
regional
320
-
464
-
municipal
126
-
183
-
national
3 764
-
5 698
-
total
12 221
-
17 978
-
Employer
23 758
-
34 500
-
total
-
-
-
-
Corporate
10 742
34 500
-
-
nationa
2 578
8 280
-
-
municipal
534
1 715
-
-
total
3 112
9 995
-
-
Dividends
7 630
24 505
-
-
withholding
1 984
6 371
-
-
total
1 984
6 371
-
-
Income
34 500
34 500
34 500
34 500
Total tax
17 317
16 366
17 978
16 346
After tax
17 183
18 134
16 522
18 154
Living cost
11 537
11 537
11 537
11 537
Free-cash
5 646
6 597
4 985
6 617

Estimated living cost  is ₴11537 per week

₴7175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴2996
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
₴11114
₴6605
₴4164
₴4867
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
health
-
-
-
4 658
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 074
total
-
-
-
17 697
Employee
18 587
-
25 746
-
social contributions
1 208
-
1 674
-
health
2 509
-
3 476
-
solidarity contribution
-
-
-
-
income
2 230
-
3 090
-
total
5 947
-
8 240
-
Employer
18 587
-
25 746
-
social contributions
4 647
-
6 437
-
health
1 673
-
2 317
-
total
6 320
-
8 754
-
Corporate
9 593
34 500
-
-
income
1 823
6 555
-
-
total
1 823
6 555
-
-
Dividends
7 770
27 945
-
-
withholding
1 166
4 192
-
-
total
1 166
4 192
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 256
10 747
16 994
17 697
After tax
19 244
23 753
17 506
16 803
Living cost
12 639
12 639
12 639
12 639
Free-cash
6 605
11 114
4 867
4 164

Estimated living cost  is ₴12639 per week

₴9399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2321
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
₴5863
₴5648
₴4749
-₴1997
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
chamber of commerce
-
-
-
138
income
-
-
-
4 300
pensions
-
-
-
6 383
unemployment
-
-
-
2 627
health
-
-
-
2 639
surtax
-
-
-
-
total
-
-
-
16 087
Employee
18 722
17 068
26 789
-
other
187
171
268
-
health
724
661
1 037
-
income
1 668
1 259
3 979
-
pensions
1 917
1 747
2 743
-
unemployment
562
512
804
-
total
5 058
4 350
8 831
-
Employer
18 722
17 068
26 789
-
accident
243
222
348
-
other
889
810
1 272
-
chamber of commerce
75
68
107
-
unemployment
562
512
804
-
surtax
-
-
-
-
pensions
2 350
2 142
3 362
-
payroll
562
512
804
-
health
708
645
1 013
-
total
5 389
4 911
7 710
-
Corporate
10 390
12 520
25 165
-
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.

2 598
3 130
6 292
-
total
2 598
3 130
6 292
-
Dividends
7 793
9 390
-
-
withholding
2 143
2 582
-
-
total
2 143
2 582
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 188
14 973
22 833
16 087
After tax
19 312
19 527
11 667
18 413
Living cost
13 664
13 664
13 664
13 664
Free-cash
5 648
5 863
-1 997
4 749

Estimated living cost  is ₴13664 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
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.
₴3828
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
₴26770
₴25644
₴28150
₴21595
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
7 506
-
34 500
-
income
1 501
-
6 900
-
total
1 501
-
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%.

26 994
34 500
-
-
total
-
-
-
-
Dividends
26 994
34 500
-
-
withholding
1 350
1 725
-
-
total
1 350
1 725
-
-
Income
34 500
34 500
34 500
34 500
Total tax
2 851
1 725
6 900
345
After tax
31 649
32 775
27 600
34 155
Living cost
6 005
6 005
6 005
6 005
Free-cash
25 644
26 770
21 595
28 150

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1488
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
₴12266
₴8684
₴6726
₴5738
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
-
-
-
6 538
pensions
-
-
-
6 301
unemployment
-
-
-
52
health
-
-
-
3 395
total
-
-
-
16 286
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.

18 939
-
29 852
-
health
1 223
-
1 929
-
income
3 266
-
6 029
-
pensions
2 936
-
4 627
-
unemployment
27
-
41
-
total
7 452
-
12 626
-
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.

18 939
-
29 852
-
unemployment
11
-
18
-
pensions
1 676
-
2 642
-
health
1 261
-
1 988
-
total
2 948
-
4 648
-
Corporate
12 612
34 500
-
-
income
2 396
6 555
-
-
total
2 396
6 555
-
-
Dividends
10 216
27 945
-
-
withholding
1 532
4 191
-
-
total
1 532
4 191
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 328
10 746
17 274
16 286
After tax
20 172
23 754
17 226
18 214
Living cost
11 488
11 488
11 488
11 488
Free-cash
8 684
12 266
5 738
6 726

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2646
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
₴2500
-₴29394
₴5352
₴10372
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
26 512
-
-
-
social contributions
2 174
-
310
-
income
5 848
-
-
-
total
8 022
-
310
-
Employer
26 512
-
-
-
social contributions
37 382
-
5 328
-
total
37 382
-
5 328
-
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
45 404
13 510
5 638
10 658
After tax
-10 904
20 990
28 862
23 842
Living cost
18 490
18 490
18 490
18 490
Free-cash
-29 394
2 500
10 372
5 352

Estimated living cost  is ₴18490 per week

₴11997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4518
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
₴6189
₴5759
₴6087
₴4643
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
-
-
-
2 990
surtax
-
-
-
-
social contributions

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

-
-
-
11 989
total
-
-
-
14 979
Employee
19 698
-
27 878
-
social contributions
2 167
-
3 067
-
surtax
-
-
-
-
income
4 097
-
6 735
-
total
6 264
-
9 802
-
Employer
19 698
-
27 878
-
social contributions
4 678
-
6 621
-
total
4 678
-
6 621
-
Corporate
10 124
34 500
-
-
surtax
-
-
-
-
income
2 126
7 245
-
-
total
2 126
7 245
-
-
Dividends
7 998
27 255
-
-
withholding
2 239
7 632
-
-
total
2 239
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 307
14 877
16 423
14 979
After tax
19 193
19 623
18 077
19 521
Living cost
13 434
13 434
13 434
13 434
Free-cash
5 759
6 189
4 643
6 087

Estimated living cost  is ₴13434 per week

₴10051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2366
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
-₴3299
-₴703
-₴649
-₴322
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
-
-
-
2 058
pensions
-
-
-
10 054
other
-
-
-
1 070
health
-
-
-
298
surtax
-
-
-
-
social contributions
-
-
-
983
total
-
-
-
14 463
Employee
26 825
-
26 289
-
social contributions
764
-
749
-
surtax
-
-
-
-
income
2 341
-
2 202
-
pensions
3 034
-
2 973
-
total
6 139
-
5 924
-
Employer
26 825
-
26 289
-
other
926
-
907
-
social contributions
80
-
79
-
unemployment
1 087
-
1 065
-
pensions
4 408
-
4 321
-
health
1 877
-
1 840
-
total
8 378
-
8 212
-
Corporate
-
34 500
-
-
surtax
-
-
-
-
income
-
9 660
-
-
total
-
9 660
-
-
Dividends
-
24 840
-
-
surtax
-
-
-
-
social contributions
-
4 273
-
-
withholding
-
3 180
-
-
total
-
7 453
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 517
17 113
14 136
14 463
After tax
19 983
17 387
20 364
20 037
Living cost
20 686
20 686
20 686
20 686
Free-cash
-703
-3 299
-322
-649

Estimated living cost  is ₴20686 per week

₴14000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
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
₴18176
₴16737
₴13666
₴14633
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
-
-
-
370
social contributions
-
-
-
7 590
total
-
-
-
7 960
Employee
13 769
-
29 870
-
income
-
-
421
-
social contributions
895
-
1 942
-
total
895
-
2 363
-
Employer
13 769
-
29 870
-
social contributions
2 134
-
4 630
-
total
2 134
-
4 630
-
Corporate
18 597
34 500
-
-
income
1 860
3 450
-
-
total
1 860
3 450
-
-
Dividends
16 737
31 050
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
4 889
3 450
6 993
7 960
After tax
29 611
31 050
27 507
26 540
Living cost
12 874
12 874
12 874
12 874
Free-cash
16 737
18 176
14 633
13 666

Estimated living cost  is ₴12874 per week

₴8324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3337
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
-₴58855
-₴58855
₴1123
-₴58855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
municipal
-
-
-
6 109
pensions
-
-
-
371
national
-
-
-
3 532
labour market
-
-
-
2 730
total
-
-
-
12 742
Employee
87 097
87 097
87 097
-
labour market
6 958
6 958
6 958
-
national
10 640
10 640
10 640
-
municipal
18 547
18 547
18 547
-
pensions
124
124
124
-
total
36 269
36 269
36 269
-
Employer
87 097
87 097
87 097
-
labour market
6 968
6 968
6 968
-
municipal
18 576
18 576
18 576
-
pensions
248
248
248
-
national
10 659
10 659
10 659
-
total
36 451
36 451
36 451
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
72 720
72 720
72 720
12 742
After tax
-38 220
-38 220
-38 220
21 758
Living cost
20 635
20 635
20 635
20 635
Free-cash
-58 855
-58 855
-58 855
1 123

Estimated living cost  is ₴20635 per week

₴14123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4369
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
-₴6435
₴1379
₴14500
₴8120
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
-
-
-
108
income
-
-
-
7 804
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
10 771
Employee
14 518
-
28 659
-
health
1 662
-
3 282
-
income
1 992
-
4 801
-
pensions
1 635
-
3 227
-
total
5 289
-
11 310
-
Employer
14 518
-
28 659
-
accident
242
-
479
-
unemployment
356
-
702
-
pensions
2 361
-
4 660
-
total
2 959
-
5 841
-
Corporate
17 023
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.

15 321
31 050
-
-
total
15 321
31 050
-
-
Dividends
1 702
3 450
-
-
withholding
323
656
-
-
total
323
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
23 892
31 706
17 151
10 771
After tax
10 608
2 794
17 349
23 729
Living cost
9 229
9 229
9 229
9 229
Free-cash
1 379
-6 435
8 120
14 500

Estimated living cost  is ₴9229 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴1812
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
₴7047
₴5340
₴8939
₴3897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
34 500
municipal
-
-
-
6 147
health
-
-
-
353
national
-
-
-
2 618
total
-
-
-
9 118
Employee
22 533
-
29 023
-
health
168
-
268
-
municipal
3 691
-
4 745
-
pensions
1 521
-
1 959
-
unemployment
338
-
436
-
national
372
-
1 275
-
total
6 090
-
8 683
-
Employer
22 533
-
29 023
-
accident
23
-
29
-
unemployment
146
-
189
-
pensions
3 909
-
5 035
-
health
173
-
224
-
total
4 251
-
5 477
-
Corporate
7 715
34 500
-
-
income
1 543
6 900
-
-
total
1 543
6 900
-
-
Dividends

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

4 629
20 700
-
-
national
-
384
-
-
municipal
833
3 726
-
-
total
833
4 110
-
-
Income
34 500
34 500
34 500
34 500
Total tax
12 717
11 010
14 160
9 118
After tax
21 783
23 490
20 340
25 382
Living cost
16 443
16 443
16 443
16 443
Free-cash
5 340
7 047
3 897
8 939

Estimated living cost  is ₴16443 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
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.
₴3860
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
₴14899
₴13055
₴15571
₴15178
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
-
-
-
2 752
health
-
-
-
879
social contributions
-
-
-
5 382
total
-
-
-
9 013
Employee
32 933
32 933
32 933
-
social contributions
1 245
2 733
2 599
-
health
255
560
532
-
income
3 586
3 049
3 097
-
total
5 086
6 342
6 228
-
Employer
32 933
32 933
32 933
-
social contributions
1 245
2 733
2 599
-
health
277
610
579
-
total
1 522
3 343
3 178
-
Corporate
17 975
-
-
-
income
2 247
-
-
-
total
2 247
-
-
-
Dividends
15 728
-
-
-
withholding
2 674
-
-
-
total
2 674
-
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 529
9 685
9 406
9 013
After tax
22 971
24 815
25 094
25 487
Living cost
9 916
9 916
9 916
9 916
Free-cash
13 055
14 899
15 178
15 571

Estimated living cost  is ₴9916 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2781
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
₴21769
₴19590
₴20242
₴14507
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
-
-
-
3 172
pensions
-
-
-
2 724
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
7 458
Employee

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

9 831
-
31 278
-
health
836
-
2 659
-
income
672
-
2 464
-
pensions
1 474
-
4 692
-
unemployment
49
-
156
-
total
3 031
-
9 971
-
Employer

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

9 831
-
31 278
-
unemployment
49
-
156
-
pensions
540
-
1 721
-
health
423
-
1 345
-
total
1 012
-
3 222
-
Corporate
23 657
34 500
-
-
income
2 129
3 105
-
-
total
2 129
3 105
-
-
Dividends
21 528
31 395
-
-
withholding
1 938
2 826
-
-
total
1 938
2 826
-
-
Income
34 500
34 500
34 500
34 500
Total tax
8 110
5 931
13 193
7 458
After tax
26 390
28 569
21 307
27 042
Living cost
6 800
6 800
6 800
6 800
Free-cash
19 590
21 769
14 507
20 242

Estimated living cost  is ₴6800 per week

₴4339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
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
₴11487
₴9242
₴6620
₴6862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
accident
-
-
-
310
income
-
-
-
5 754
pensions
-
-
-
9 764
other
-
-
-
34
unemployment
-
-
-
241
total
-
-
-
16 103
Employee
15 836
-
26 161
-
other
15
-
26
-
income
3 053
-
5 859
-
pensions
744
-
1 230
-
unemployment
245
-
406
-
total
4 057
-
7 521
-
Employer
15 836
-
26 161
-
accident
314
-
518
-
other
127
-
209
-
unemployment
871
-
1 439
-
pensions
3 737
-
6 174
-
total
5 049
-
8 340
-
Corporate
13 615
34 500
-
-
income

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

2 042
5 175
-
-
total
2 042
5 175
-
-
Dividends
11 572
29 325
-
-
withholding
2 333
6 061
-
-
total
2 333
6 061
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 481
11 236
15 861
16 103
After tax
21 019
23 264
18 639
18 397
Living cost
11 777
11 777
11 777
11 777
Free-cash
9 242
11 487
6 862
6 620

Estimated living cost  is ₴11777 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
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.
₴2489
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
₴20358
₴20165
₴20568
₴20486
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
-
-
-
11 290
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
12 762
Employee
1 782
-
33 540
-
health
89
-
213
-
income
345
-
11 245
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
11 885
-
Employer
1 782
-
33 540
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
32 317
34 500
-
-
income
7 110
7 590
-
-
total
7 110
7 590
-
-
Dividends
25 208
26 910
-
-
withholding
5 042
5 382
-
-
total
5 042
5 382
-
-
Income
34 500
34 500
34 500
34 500
Total tax
13 165
12 972
12 844
12 762
After tax
21 335
21 528
21 656
21 738
Living cost
1 170
1 170
1 170
1 170
Free-cash
20 165
20 358
20 486
20 568

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴353
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
₴17518
₴15410
₴9835
₴10425
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
-
-
-
5 291
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
17 257
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.

11 170
-
29 262
-
health
575
-
1 507
-
income
1 540
-
5 607
-
pensions
1 564
-
4 097
-
unemployment
84
-
219
-
total
3 763
-
11 430
-
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.

11 170
-
29 262
-
unemployment
84
-
219
-
pensions
1 340
-
3 511
-
health
575
-
1 507
-
total
1 999
-
5 237
-
Corporate
21 330
34 500
-
-
income
3 200
5 175
-
-
total
3 200
5 175
-
-
Dividends
18 131
29 325
-
-
withholding
2 720
4 399
-
-
total
2 720
4 399
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 682
9 574
16 667
17 257
After tax
22 818
24 926
17 833
17 243
Living cost
7 408
7 408
7 408
7 408
Free-cash
15 410
17 518
10 425
9 835

Estimated living cost  is ₴7408 per week

₴4988
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.
₴214
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.
₴1633
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
₴8077
₴7923
₴7975
₴6531
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
-
-
-
2 990
surtax
-
-
-
-
social contributions

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

-
-
-
11 989
total
-
-
-
14 979
Employee
16 623
-
27 878
-
social contributions
1 829
-
3 067
-
surtax
-
-
-
-
income
3 248
-
6 735
-
total
5 077
-
9 802
-
Employer
16 623
-
27 878
-
social contributions
3 948
-
6 621
-
total
3 948
-
6 621
-
Corporate
13 930
34 500
-
-
surtax
-
-
-
-
income
2 925
7 245
-
-
total
2 925
7 245
-
-
Dividends
11 004
27 255
-
-
withholding
3 081
7 632
-
-
total
3 081
7 632
-
-
Income
34 500
34 500
34 500
34 500
Total tax
15 031
14 877
16 423
14 979
After tax
19 469
19 623
18 077
19 521
Living cost
11 546
11 546
11 546
11 546
Free-cash
7 923
8 077
6 531
7 975

Estimated living cost  is ₴11546 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
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.
₴2362
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
₴8212
₴4946
₴3345
₴3587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
accident
-
-
-
310
income
-
-
-
5 754
pensions
-
-
-
9 764
other
-
-
-
34
unemployment
-
-
-
241
total
-
-
-
16 103
Employee
20 684
-
26 161
-
other
20
-
26
-
income
4 320
-
5 859
-
pensions
972
-
1 230
-
unemployment
320
-
406
-
total
5 632
-
7 521
-
Employer
20 684
-
26 161
-
accident
410
-
518
-
other
166
-
209
-
unemployment
1 138
-
1 439
-
pensions
4 881
-
6 174
-
total
6 595
-
8 340
-
Corporate
7 221
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.

1 083
5 175
-
-
total
1 083
5 175
-
-
Dividends
6 137
29 325
-
-
withholding
1 192
6 061
-
-
total
1 192
6 061
-
-
Income
34 500
34 500
34 500
34 500
Total tax
14 502
11 236
15 861
16 103
After tax
19 998
23 264
18 639
18 397
Living cost
15 052
15 052
15 052
15 052
Free-cash
4 946
8 212
3 587
3 345

Estimated living cost  is ₴15052 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
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
₴22126
₴19514
₴17955
₴18866
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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
9 173
Employee
9 762
-
31 563
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
3 156
-
pensions

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

857
-
1 314
-
total
2 389
-
5 324
-
Employer
9 762
-
31 563
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
22 822
34 500
-
-
income
2 282
3 450
-
-
total
2 282
3 450
-
-
Dividends
20 540
31 050
-
-
withholding
1 027
1 552
-
-
total
1 027
1 552
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 614
5 002
8 262
9 173
After tax
26 886
29 498
26 238
25 327
Living cost
7 372
7 372
7 372
7 372
Free-cash
19 514
22 126
18 866
17 955

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴1899
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
₴1288
₴6890
₴6769
₴8863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
34 500
trade
-
-
-
2 094
income

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

-
-
-
5 854
health

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

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

-
-
-
2 926
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.

-
-
-
322
total
-
-
-
11 196
Employee

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

21 310
-
34 500
-
health

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

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

2 926
-
2 926
-
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.

97
-
322
-
income

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

1 752
-
5 854
-
total
4 775
-
9 102
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 190
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.

109
284
-
-
income
1 978
5 175
-
-
trade
1 893
4 951
-
-
chamber of commerce
85
115
-
-
total
4 065
10 525
-
-
Dividends
9 125
23 975
-
-
surtax

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

116
321
-
-
withholding
2 119
5 831
-
-
total
2 235
6 152
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 075
16 677
9 102
11 196
After tax
23 425
17 823
25 398
23 304
Living cost
16 535
16 535
16 535
16 535
Free-cash
6 890
1 288
8 863
6 769

Estimated living cost  is ₴16535 per week

₴11406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
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.
₴3110
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
-₴247
₴698
₴489
₴489
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
-
-
-
6 721
social contributions
-
-
-
2 893
total
-
-
-
9 614
Employee
33 502
-
34 500
-
income
6 322
-
6 721
-
social contributions
2 783
-
2 893
-
total
9 105
-
9 614
-
Employer
33 502
-
34 500
-
total
-
-
-
-
Corporate
998
34 500
-
-
income
125
4 313
-
-
total
125
4 313
-
-
Dividends
873
30 187
-
-
withholding
175
6 037
-
-
total
175
6 037
-
-
Income
34 500
34 500
34 500
34 500
Total tax
9 405
10 350
9 614
9 614
After tax
25 095
24 150
24 886
24 886
Living cost
24 397
24 397
24 397
24 397
Free-cash
698
-247
489
489

Estimated living cost  is ₴24397 per week

₴18561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3615
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
₴4615
₴7096
₴3901
₴9661
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
-
-
-
12 191
health

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

-
-
-
2 861
total
-
-
-
15 052
Employee
19 647
-
32 530
-
income
2 132
-
5 352
-
social contributions
1 969
-
1 970
-
total
4 101
-
7 322
-
Employer
19 647
-
32 530
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
12 884
34 500
-
-
income
4 509
12 075
-
-
total
4 509
12 075
-
-
Dividends
8 375
22 425
-
-
social contributions
1 278
2 263
-
-
total
1 278
2 263
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 857
14 338
9 292
15 052
After tax
22 643
20 162
25 208
19 448
Living cost
15 547
15 547
15 547
15 547
Free-cash
7 096
4 615
9 661
3 901

Estimated living cost  is ₴15547 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
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
₴9885
₴7461
₴9726
₴5917
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
-
-
-
6 423
pensions
-
-
-
2 387
total
-
-
-
8 810
Employee
21 912
-
30 519
-
health
286
-
462
-
income
3 990
-
5 471
-
pensions
1 672
-
2 705
-
total
5 948
-
8 638
-
Employer
21 912
-
30 519
-
pensions
2 214
-
3 401
-
health
416
-
580
-
total
2 630
-
3 981
-
Corporate
9 957
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.

1 892
6 555
-
-
total
1 892
6 555
-
-
Dividends
8 065
27 945
-
-
withholding
605
2 096
-
-
total
605
2 096
-
-
Income
34 500
34 500
34 500
34 500
Total tax
11 075
8 651
12 619
8 810
After tax
23 425
25 849
21 881
25 690
Living cost
15 964
15 964
15 964
15 964
Free-cash
7 461
9 885
5 917
9 726

Estimated living cost  is ₴15964 per week

₴10951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴3344
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
-₴7349
₴1238
₴13586
₴7206
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
-
-
-
108
income
-
-
-
7 804
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
10 771
Employee
15 955
-
28 659
-
health
1 827
-
3 282
-
income
2 189
-
4 801
-
pensions
1 797
-
3 227
-
total
5 813
-
11 310
-
Employer
15 955
-
28 659
-
accident
266
-
479
-
unemployment
391
-
702
-
pensions
2 594
-
4 660
-
total
3 251
-
5 841
-
Corporate
15 293
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.

13 764
31 050
-
-
total
13 764
31 050
-
-
Dividends
1 529
3 450
-
-
withholding
291
656
-
-
total
291
656
-
-
Income
34 500
34 500
34 500
34 500
Total tax
23 119
31 706
17 151
10 771
After tax
11 381
2 794
17 349
23 729
Living cost
10 143
10 143
10 143
10 143
Free-cash
1 238
-7 349
7 206
13 586

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1904
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
₴23540
₴21458
₴14159
₴14228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
34 500
work injury
-
-
-
172
health insurance
-
-
-
2 553
income
-
-
-
5 069
pensions
-
-
-
6 348
unemployment
-
-
-
414
total
-
-
-
14 556
Employee

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

9 257
-
34 500
-
work injury
46
-
171
-
income
926
-
5 069
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
14 487
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 243
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
25 243
34 500
-
-
withholding
3 786
5 175
-
-
total
3 786
5 175
-
-
Income
34 500
34 500
34 500
34 500
Total tax
7 257
5 175
14 487
14 556
After tax
27 243
29 325
20 013
19 944
Living cost
5 785
5 785
5 785
5 785
Free-cash
21 458
23 540
14 228
14 159

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
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Source of data for Skopje model

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Rome , Italy
₴1110
-₴1590
₴974
-₴602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 500
municipal
-
-
-
231
regional
-
-
-
612
national
-
-
-
6 747
social contributions
-
-
-
8 874
total
-
-
-
16 464
Employee
36 090
-
34 500
-
social contributions
12 169
-
11 633
-
regional
545
-
503
-
municipal
215
-
206
-
national
6 099
-
5 698
-
total
19 028
-
18 040
-
Employer
36 090
-
34 500
-
total
-
-
-
-
Corporate
-
34 500
-
-
nationa
-
8 280
-
-
municipal
-
1 663
-
-
total
-
9 943
-
-
Dividends
-
24 557
-
-
withholding
-
6 385
-
-
total
-
6 385
-
-
Income
34 500
34 500
34 500
34 500
Total tax
19 028
16 328
18 040
16 464
After tax
15 472
18 172
16 460
18 036
Living cost
17 062
17 062
17 062
17 062
Free-cash
-1 590
1 110
-602
974

Estimated living cost  is ₴17062 per week

₴11985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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