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
₴ 3500
per

Your estimated
City
free-cash

Dresden , Germany
-₴15276
-₴14723
-₴12966
-₴14723
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.

-
-
-
3 500
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.

-
-
-
3 354
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 354
Employee

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

18 776
-
3 500
-
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.

3 354
-
3 354
-
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.

524
-
-
-
surtax

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

29
-
-
-
total
3 907
-
3 354
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
525
-
-
chamber of commerce
-
79
-
-
surtax

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

-
29
-
-
trade
-
551
-
-
total
-
1 184
-
-
Dividends
-
2 315
-
-
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.

-
21
-
-
withholding
-
392
-
-
total
-
413
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 907
1 597
3 354
3 354
After tax
-407
1 903
146
146
Living cost
14 869
14 869
14 869
14 869
Free-cash
-15 276
-12 966
-14 723
-14 723

Estimated living cost  is ₴14869 per week

₴9353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
-₴39968
-₴22604
-₴23524
-₴22666
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
-
-
-
3 500
social contributions
-
-
-
38
municipal
-
-
-
-
pensions
-
-
-
420
national
-
-
-
-
total
-
-
-
458
Employee
39 853
-
3 026
-
pensions
1 594
-
121
-
municipal
4 922
-
-
-
national
7 628
-
-
-
total
14 144
-
121
-
Employer
39 853
-
3 026
-
pensions
3 188
-
242
-
social contributions
428
-
33
-
total
3 616
-
275
-
Corporate
-
3 500
-
-
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%.

-
700
-
-
total
-
700
-
-
Dividends
-
2 800
-
-
withholding
-
616
-
-
total
-
616
-
-
Income
3 500
3 500
3 500
3 500
Total tax
17 760
1 316
396
458
After tax
-14 260
2 184
3 104
3 042
Living cost
25 708
25 708
25 708
25 708
Free-cash
-39 968
-23 524
-22 604
-22 666

Estimated living cost  is ₴25708 per week

₴17474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴385
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.
₴5460
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
-₴14299
-₴8762
-₴7413
-₴8783
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.

-
-
-
3 500
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.

-
-
-
1 545
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
525
total
-
-
-
2 070
Employee
14 344
-
2 342
-
social contributions

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

1 578
-
529
-
income
2 553
-
362
-
surtax
-
-
-
-
total
4 131
-
891
-
Employer
14 344
-
2 342
-
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.

3 455
-
1 158
-
total
3 455
-
1 158
-
Corporate
-
3 500
-
-
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%.

-
700
-
-
total
-
700
-
-
Dividends

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

-
2 800
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 586
700
2 049
2 070
After tax
-4 086
2 800
1 451
1 430
Living cost
10 213
10 213
10 213
10 213
Free-cash
-14 299
-7 413
-8 762
-8 783

Estimated living cost  is ₴10213 per week

₴6515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₴45248
-₴45248
-₴42493
-₴18549
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
-
-
-
3 500
health
-
-
-
538
income
-
-
-
315
pensions
-
-
-
631
total
-
-
-
1 484
Employee
41 921
41 921
41 921
-
pensions
7 546
5 752
7 546
-
health
6 434
5 473
6 434
-
income

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

6 862
6 862
6 862
-
total
20 842
18 087
20 842
-
Employer
41 921
41 921
41 921
-
pensions
2 918
2 918
2 918
-
health
2 914
2 914
2 914
-
unemployment
1 509
1 509
1 509
-
total
7 341
7 341
7 341
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
28 183
25 428
28 183
1 484
After tax
-24 683
-21 928
-24 683
2 016
Living cost
20 565
20 565
20 565
20 565
Free-cash
-45 248
-42 493
-45 248
-18 549

Estimated living cost  is ₴20565 per week

₴14574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3810
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
-₴34368
-₴18352
-₴18311
-₴18476
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
-
-
-
3 500
accident
-
-
-
7
health
-
-
-
218
municipal
-
-
-
741
pensions
-
-
-
378
other
-
-
-
407
unemployment
-
-
-
3
national
-
-
-
-
total
-
-
-
1 754
Employee
28 814
-
2 663
-
municipal
8 592
-
794
-
national
-
-
-
-
total
8 592
-
794
-
Employer
28 814
-
2 663
-
pensions
3 115
-
288
-
other
3 348
-
309
-
health
1 772
-
164
-
unemployment
761
-
70
-
accident
58
-
5
-
total
9 054
-
836
-
Corporate
-
3 500
-
-
income
-
770
-
-
total
-
770
-
-
Dividends
-
2 730
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
3 500
3 500
3 500
3 500
Total tax
17 646
1 589
1 630
1 754
After tax
-14 146
1 911
1 870
1 746
Living cost
20 222
20 222
20 222
20 222
Free-cash
-34 368
-18 311
-18 352
-18 476

Estimated living cost  is ₴20222 per week

₴13402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4528
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
-₴21395
-₴19139
-₴17402
-₴19139
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.

-
-
-
3 500
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.

-
-
-
3 354
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 354
Employee

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

24 895
-
3 500
-
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.

3 354
-
3 354
-
income

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

2 139
-
-
-
surtax

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

117
-
-
-
total
5 610
-
3 354
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
525
-
-
chamber of commerce
-
79
-
-
surtax

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

-
29
-
-
trade
-
576
-
-
total
-
1 209
-
-
Dividends
-
2 291
-
-
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.

-
21
-
-
withholding
-
387
-
-
total
-
408
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 610
1 617
3 354
3 354
After tax
-2 110
1 883
146
146
Living cost
19 285
19 285
19 285
19 285
Free-cash
-21 395
-17 402
-19 139
-19 139

Estimated living cost  is ₴19285 per week

₴12898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4065
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
-₴20838
-₴19230
-₴23523
-₴15809
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
-
-
-
18 662
social contributions
-
-
-
2 911
health
-
-
-
476
income
-
-
-
-
total
-
-
-
3 387
Employee
37 748
37 748
37 748
-
health
375
642
216
-
social contributions
1 834
3 133
1 056
-
income
3 964
3 494
4 244
-
total
6 173
7 269
5 516
-
Employer
37 748
37 748
37 748
-
health
409
699
236
-
social contributions
1 834
3 133
1 056
-
total
2 243
3 832
1 292
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 416
11 101
6 808
3 387
After tax
-4 916
-7 601
-3 308
113
Living cost
15 922
15 922
15 922
15 922
Free-cash
-20 838
-23 523
-19 230
-15 809

Estimated living cost  is ₴15922 per week

₴10885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3527
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
-₴12106
-₴7735
-₴8157
-₴6697
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
-
-
-
3 500
health
-
-
-
278
income
-
-
-
415
pensions
-
-
-
397
unemployment
-
-
-
60
total
-
-
-
1 150
Employee

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

The minimum wage is 138,000 HUF per month.

13 059
5 197
5 197
-
unemployment
196
78
60
-
pensions
1 306
520
400
-
health
914
364
280
-
income
1 596
635
669
-
total
4 012
1 597
1 409
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 059
5 197
5 197
-
pensions
2 547
1 013
779
-
total
2 547
1 013
779
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 559
2 610
2 188
1 150
After tax
-3 059
890
1 312
2 350
Living cost
9 047
9 047
9 047
9 047
Free-cash
-12 106
-8 157
-7 735
-6 697

Estimated living cost  is ₴9047 per week

₴6174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1952
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
-₴15134
-₴10448
-₴9057
-₴10202
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
-
-
-
3 500
health
-
-
-
727
income
-
-
-
-
pensions
-
-
-
1 118
total
-
-
-
1 845
Employee
13 926
-
1 611
-
unemployment
223
-
89
-
pensions
279
-
112
-
income
1 568
-
-
-
total
2 070
-
201
-
Employer
13 926
-
1 611
-
pensions
2 785
-
1 118
-
health
1 810
-
727
-
unemployment
112
-
45
-
total
4 707
-
1 890
-
Corporate
-
3 500
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
2 800
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 777
700
2 091
1 845
After tax
-3 277
2 800
1 409
1 655
Living cost
11 857
11 857
11 857
11 857
Free-cash
-15 134
-9 057
-10 448
-10 202

Estimated living cost  is ₴11857 per week

₴8133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴17191
-₴9079
-₴10644
-₴10893
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
-
-
-
3 500
accident
-
-
-
125
health
-
-
-
1 083
income
-
-
-
7
pensions
-
-
-
2 067
other
-
-
-
184
total
-
-
-
3 466
Employee
17 189
-
2 907
-
pensions
1 935
-
327
-
health
1 968
-
333
-
income
2 358
-
399
-
total
6 261
-
1 059
-
Employer
17 189
-
2 907
-
pensions
2 795
-
473
-
unemployment
421
-
71
-
accident
287
-
49
-
total
3 503
-
593
-
Corporate
-
3 500
-
-
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.

-
3 150
-
-
total
-
3 150
-
-
Dividends
-
350
-
-
withholding
-
67
-
-
total
-
67
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 764
3 217
1 652
3 466
After tax
-6 264
283
1 848
34
Living cost
10 927
10 927
10 927
10 927
Free-cash
-17 191
-10 644
-9 079
-10 893

Estimated living cost  is ₴10927 per week

₴8008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2085
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
-₴1554
-₴1243
-₴718
-₴578
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%.

-
-
-
3 500
microenterprise

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

-
-
-
35
total
-
-
-
35
Employee
5 054
-
3 500
-
income
1 011
-
700
-
total
1 011
-
700
-
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%.

-
3 500
-
-
total
-
-
-
-
Dividends
-
3 500
-
-
withholding
-
175
-
-
total
-
175
-
-
Income
3 500
3 500
3 500
3 500
Total tax
1 011
175
700
35
After tax
2 489
3 325
2 800
3 465
Living cost
4 043
4 043
4 043
4 043
Free-cash
-1 554
-718
-1 243
-578

Estimated living cost  is ₴4043 per week

₴2506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1090
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
-₴18818
-₴11103
-₴10510
-₴11677
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
-
-
-
3 500
health
-
-
-
235
income
-
-
-
329
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.

-
-
-
1 279
other
-
-
-
253
total
-
-
-
2 096
Employee
17 824
-
2 695
-
unemployment
178
-
27
-
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.

1 247
-
189
-
health
250
-
38
-
income
3 069
-
464
-
total
4 744
-
718
-
Employer
17 824
-
2 695
-
pensions

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

3 030
-
458
-
other
892
-
260
-
health
250
-
38
-
unemployment
178
-
27
-
accident
143
-
21
-
total
4 493
-
804
-
Corporate
-
3 500
-
-
income
-
735
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
194
-
-
total
-
194
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 237
929
1 522
2 096
After tax
-5 737
2 571
1 978
1 404
Living cost
13 081
13 081
13 081
13 081
Free-cash
-18 818
-10 510
-11 103
-11 677

Estimated living cost  is ₴13081 per week

₴9242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2744
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
-₴48163
-₴29366
-₴29491
-₴29313
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
-
-
-
3 500
income
-
-
-
700
pensions
-
-
-
-
total
-
-
-
700
Employee
45 435
-
3 434
-
pensions
4 383
-
-
-
health
749
-
-
-
income
8 190
-
687
-
total
13 322
-
687
-
Employer
45 435
-
3 434
-
pensions
5 365
-
-
-
health
863
-
66
-
total
6 228
-
66
-
Corporate
-
3 500
-
-
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.

-
665
-
-
total
-
665
-
-
Dividends
-
2 835
-
-
withholding
-
213
-
-
total
-
213
-
-
Income
3 500
3 500
3 500
3 500
Total tax
19 550
878
753
700
After tax
-16 050
2 622
2 747
2 800
Living cost
32 113
32 113
32 113
32 113
Free-cash
-48 163
-29 491
-29 366
-29 313

Estimated living cost  is ₴32113 per week

₴24063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4016
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
-₴6712
-₴4326
-₴3454
-₴4407
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
-
-
-
3 500
health
-
-
-
403
income
-
-
-
525
pensions

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

-
-
-
518
unemployment
-
-
-
14
total
-
-
-
1 460
Employee
8 536
-
2 871
-
accident

We are using the highest rate at 1.1%.

94
-
35
-
pensions

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

749
-
281
-
health
393
-
147
-
income
854
-
287
-
total
2 090
-
750
-
Employer
8 536
-
2 871
-
pensions

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

941
-
354
-
health
589
-
221
-
unemployment
51
-
19
-
accident

We are using the highest rate at 1.1%.

94
-
35
-
total
1 675
-
629
-
Corporate
-
3 500
-
-
income
-
350
-
-
total
-
350
-
-
Dividends
-
3 150
-
-
withholding
-
157
-
-
total
-
157
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 765
507
1 379
1 460
After tax
-265
2 993
2 121
2 040
Living cost
6 447
6 447
6 447
6 447
Free-cash
-6 712
-3 454
-4 326
-4 407

Estimated living cost  is ₴6447 per week

₴3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2052
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
-₴49982
-₴51904
-₴49149
-₴25205
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
-
-
-
3 500
health
-
-
-
538
income
-
-
-
315
pensions
-
-
-
631
total
-
-
-
1 484
Employee
45 513
41 921
41 921
-
pensions
5 752
5 752
7 546
-
health
5 678
5 473
6 434
-
income

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

6 862
6 862
6 862
-
total
18 292
18 087
20 842
-
Employer
45 513
41 921
41 921
-
pensions
3 167
2 918
2 918
-
health
3 163
2 914
2 914
-
unemployment
1 639
1 509
1 509
-
total
7 969
7 341
7 341
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
26 261
25 428
28 183
1 484
After tax
-22 761
-21 928
-24 683
2 016
Living cost
27 221
27 221
27 221
27 221
Free-cash
-49 982
-49 149
-51 904
-25 205

Estimated living cost  is ₴27221 per week

₴20080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4398
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
-₴20518
-₴10412
-₴9778
-₴10484
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
-
-
-
3 500
social contributions
-
-
-
1 022
health
-
-
-
473
income
-
-
-
301
solidarity contribution
-
-
-
-
total
-
-
-
1 796
Employee
17 923
-
2 612
-
solidarity contribution
-
-
-
-
health
2 420
-
353
-
social contributions
1 165
-
170
-
income
2 151
-
313
-
total
5 736
-
836
-
Employer
17 923
-
2 612
-
health
1 613
-
235
-
social contributions
4 481
-
653
-
total
6 094
-
888
-
Corporate
-
3 500
-
-
income
-
665
-
-
total
-
665
-
-
Dividends
-
2 835
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
3 500
3 500
3 500
3 500
Total tax
11 830
1 090
1 724
1 796
After tax
-8 330
2 410
1 776
1 704
Living cost
12 188
12 188
12 188
12 188
Free-cash
-20 518
-9 778
-10 412
-10 484

Estimated living cost  is ₴12188 per week

₴8466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴867
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.
₴2615
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
-₴40128
-₴22202
-₴18847
-₴21019
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
-
-
-
3 500
social contributions
-
-
-
3 805
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
3 805
Employee
43 628
-
3 500
-
regional
412
-
-
-
municipal
231
-
-
-
national
7 560
-
-
-
social contributions
14 711
-
4 988
-
total
22 914
-
4 988
-
Employer
43 628
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
municipal
-
137
-
-
nationa
-
840
-
-
total
-
977
-
-
Dividends
-
2 523
-
-
withholding
-
656
-
-
total
-
656
-
-
Income
3 500
3 500
3 500
3 500
Total tax
22 914
1 633
4 988
3 805
After tax
-19 414
1 867
-1 488
-305
Living cost
20 714
20 714
20 714
20 714
Free-cash
-40 128
-18 847
-22 202
-21 019

Estimated living cost  is ₴20714 per week

₴14439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4598
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
-₴16151
-₴9984
-₴8631
-₴9544
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
-
-
-
3 500
health
-
-
-
466
income
-
-
-
322
surtax
-
-
-
-
pensions
-
-
-
1 311
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
2 211
Employee
16 234
-
2 121
-
unemployment
1 130
-
456
-
pensions
1 082
-
437
-
health
415
-
167
-
income
2 721
-
212
-
other
-
-
-
-
surtax
53
-
-
-
total
5 401
-
1 272
-
Employer
16 234
-
2 121
-
pensions
2 164
-
873
-
other
-
-
-
-
health
739
-
298
-
unemployment
514
-
208
-
total
3 417
-
1 379
-
Corporate
-
3 500
-
-
income
-
910
-
-
total
-
910
-
-
Dividends
-
2 590
-
-
withholding
-
388
-
-
total
-
388
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 818
1 298
2 651
2 211
After tax
-5 318
2 202
849
1 289
Living cost
10 833
10 833
10 833
10 833
Free-cash
-16 151
-8 631
-9 984
-9 544

Estimated living cost  is ₴10833 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₴30823
-₴19192
-₴19317
-₴19139
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
-
-
-
3 500
income
-
-
-
700
pensions
-
-
-
-
total
-
-
-
700
Employee
30 450
-
3 434
-
pensions
2 584
-
-
-
health
442
-
-
-
income
5 484
-
687
-
total
8 510
-
687
-
Employer
30 450
-
3 434
-
pensions
3 296
-
-
-
health
578
-
66
-
total
3 874
-
66
-
Corporate
-
3 500
-
-
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.

-
665
-
-
total
-
665
-
-
Dividends
-
2 835
-
-
withholding
-
213
-
-
total
-
213
-
-
Income
3 500
3 500
3 500
3 500
Total tax
12 384
878
753
700
After tax
-8 884
2 622
2 747
2 800
Living cost
21 939
21 939
21 939
21 939
Free-cash
-30 823
-19 317
-19 192
-19 139

Estimated living cost  is ₴21939 per week

₴16436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3628
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
-₴46582
-₴37623
-₴37474
-₴36128
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
-
-
-
3 500
health
-
-
-
127
pensions
-
-
-
322
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.

-
-
-
70
regional
-
-
-
-
city
-
-
-
35
national
-
-
-
-
total
-
-
-
554
Employee
45 727
-
2 433
-
unemployment
-
-
-
-
pensions
3 842
-
987
-
regional
1 497
-
-
-
national
216
-
-
-
health
103
-
5
-
city
491
-
17
-
total
6 149
-
1 009
-
Employer
45 727
-
2 433
-
pensions
3 842
-
987
-
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.

914
-
48
-
health
103
-
5
-
unemployment
-
-
-
-
total
4 859
-
1 040
-
Corporate
-
3 500
-
-
regional
-
741
-
-
national
-
297
-
-
total
-
1 038
-
-
Dividends
-
2 462
-
-
withholding
-
862
-
-
total
-
862
-
-
Income
3 500
3 500
3 500
3 500
Total tax
11 008
1 900
2 049
554
After tax
-7 508
1 600
1 451
2 946
Living cost
39 074
39 074
39 074
39 074
Free-cash
-46 582
-37 474
-37 623
-36 128

Estimated living cost  is ₴39074 per week

₴25410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴480
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.
₴9679
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
-₴26002
-₴22342
-₴20621
-₴22342
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.

-
-
-
3 500
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.

-
-
-
3 354
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 354
Employee

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

29 502
-
3 500
-
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.

3 354
-
3 354
-
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.

3 469
-
-
-
surtax

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

191
-
-
-
total
7 014
-
3 354
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
525
-
-
chamber of commerce
-
79
-
-
surtax

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

-
29
-
-
trade
-
600
-
-
total
-
1 233
-
-
Dividends
-
2 267
-
-
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.

-
20
-
-
withholding
-
380
-
-
total
-
400
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 014
1 633
3 354
3 354
After tax
-3 514
1 867
146
146
Living cost
22 488
22 488
22 488
22 488
Free-cash
-26 002
-20 621
-22 342
-22 342

Estimated living cost  is ₴22488 per week

₴16425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3973
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
-₴24071
-₴14505
-₴15031
-₴15476
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
-
-
-
3 500
social contributions
-
-
-
100
health
-
-
-
130
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 843
other
-
-
-
108
total
-
-
-
2 181
Employee
21 010
-
2 667
-
pensions
2 376
-
302
-
social contributions
599
-
76
-
income
1 240
-
-
-
surtax
-
-
-
-
total
4 215
-
378
-
Employer
21 010
-
2 667
-
pensions
3 451
-
438
-
other
725
-
92
-
health
1 471
-
186
-
unemployment
851
-
108
-
social contributions
63
-
8
-
total
6 561
-
832
-
Corporate
-
3 500
-
-
income
-
980
-
-
surtax
-
-
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
surtax
-
-
-
-
social contributions
-
434
-
-
withholding
-
322
-
-
total
-
756
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 776
1 736
1 210
2 181
After tax
-7 276
1 764
2 290
1 319
Living cost
16 795
16 795
16 795
16 795
Free-cash
-24 071
-15 031
-14 505
-15 476

Estimated living cost  is ₴16795 per week

₴10590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4554
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
-₴21111
-₴12841
-₴13367
-₴13812
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
-
-
-
3 500
social contributions
-
-
-
100
health
-
-
-
130
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 843
other
-
-
-
108
total
-
-
-
2 181
Employee
18 754
-
2 667
-
pensions
2 121
-
302
-
social contributions
535
-
76
-
income
967
-
-
-
surtax
-
-
-
-
total
3 623
-
378
-
Employer
18 754
-
2 667
-
pensions
3 082
-
438
-
other
647
-
92
-
health
1 313
-
186
-
unemployment
759
-
108
-
social contributions
56
-
8
-
total
5 857
-
832
-
Corporate
-
3 500
-
-
income
-
980
-
-
surtax
-
-
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
surtax
-
-
-
-
social contributions
-
434
-
-
withholding
-
322
-
-
total
-
756
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 480
1 736
1 210
2 181
After tax
-5 980
1 764
2 290
1 319
Living cost
15 131
15 131
15 131
15 131
Free-cash
-21 111
-13 367
-12 841
-13 812

Estimated living cost  is ₴15131 per week

₴8775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4532
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
-₴14433
-₴8227
-₴8871
-₴8723
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
-
-
-
3 500
social contributions
-
-
-
856
health
-
-
-
433
income
-
-
-
525
total
-
-
-
1 814
Employee
16 644
-
3 500
-
health
1 162
-
433
-
social contributions
2 297
-
856
-
income
2 776
-
29
-
total
6 235
-
1 318
-
Employer
16 644
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
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%.

-
175
-
-
total
-
175
-
-
Dividends
-
3 325
-
-
health
433
433
-
-
social contributions
856
856
-
-
withholding
-
498
-
-
total
1 289
1 787
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 524
1 962
1 318
1 814
After tax
-4 024
1 538
2 182
1 686
Living cost
10 409
10 409
10 409
10 409
Free-cash
-14 433
-8 871
-8 227
-8 723

Estimated living cost  is ₴10409 per week

₴6966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₴28655
-₴19974
-₴24977
-₴18198
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
-
-
-
3 500
health
-
-
-
374
surtax
-
-
-
97
income
-
-
-
-
chamber of commerce
-
-
-
14
pensions
-
-
-
905
unemployment
-
-
-
3 011
total
-
-
-
4 401
Employee
24 533
19 563
19 563
-
unemployment
736
587
147
-
pensions
2 512
2 003
501
-
health
949
757
189
-
income
2 793
1 443
2 298
-
other
245
196
49
-
total
7 235
4 986
3 184
-
Employer
24 533
19 563
19 563
-
chamber of commerce
98
78
78
-
pensions
3 079
2 456
615
-
other
1 165
929
805
-
health
927
740
185
-
unemployment
736
587
147
-
accident
319
254
13
-
surtax
97
97
97
-
payroll
736
587
587
-
total
7 157
5 728
2 527
-
Corporate
1 863
1 863
1 863
-
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.

466
466
466
-
total
466
466
466
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 858
11 180
6 177
4 401
After tax
-11 358
-7 680
-2 677
-901
Living cost
17 297
17 297
17 297
17 297
Free-cash
-28 655
-24 977
-19 974
-18 198

Estimated living cost  is ₴17297 per week

₴11537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4001
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
-₴41836
-₴16272
-₴15770
-₴17270
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
-
-
-
3 500
social contributions
-
-
-
2 588
communal

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

-
-
-
55
national
-
-
-
228
total
-
-
-
2 871
Employee

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

35 114
-
2 711
-
unemployment

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

306
-
23
-
pensions

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

2 634
-
203
-
national
10 796
-
590
-
health

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

1 650
-
127
-
communal

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

1 831
-
142
-
total
17 217
-
1 085
-
Employer

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

35 114
-
2 711
-
pensions

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

3 111
-
240
-
health

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

2 159
-
167
-
unemployment

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

512
-
39
-
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.

456
-
35
-
surtax
3 982
-
307
-
total
10 220
-
788
-
Corporate
-
3 500
-
-
income
-
700
-
-
surtax
-
14
-
-
total
-
714
-
-
Dividends
-
2 786
-
-
withholding

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

-
657
-
-
total
-
657
-
-
Income
3 500
3 500
3 500
3 500
Total tax
27 437
1 371
1 873
2 871
After tax
-23 937
2 129
1 627
629
Living cost
17 899
17 899
17 899
17 899
Free-cash
-41 836
-15 770
-16 272
-17 270

Estimated living cost  is ₴17899 per week

₴11529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4525
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
-₴28724
-₴20495
-₴15318
-₴17458
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
-
-
-
3 500
accident
-
-
-
95
income
-
-
-
63
pensions
-
-
-
2 988
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 230
Employee
24 436
-
-
-
unemployment
379
-
254
-
pensions
1 149
-
770
-
income
5 156
-
-
-
other
24
-
17
-
total
6 708
-
1 041
-
Employer
24 436
-
-
-
pensions
5 766
-
3 869
-
other
195
-
131
-
unemployment
1 344
-
902
-
accident
483
-
324
-
total
7 788
-
5 226
-
Corporate
-
3 500
-
-
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.

-
525
-
-
total
-
525
-
-
Dividends
-
2 975
-
-
withholding
-
565
-
-
total
-
565
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 496
1 090
6 267
3 230
After tax
-10 996
2 410
-2 767
270
Living cost
17 728
17 728
17 728
17 728
Free-cash
-28 724
-15 318
-20 495
-17 458

Estimated living cost  is ₴17728 per week

₴13055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3160
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
-₴38118
-₴28880
-₴24282
-₴28877
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
-
-
-
3 500
accident
-
-
-
211
health
-
-
-
1 751
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 737
communal
-
-
-
-
total
-
-
-
5 699
Employee
37 176
-
708
-
pensions
2 974
-
1 869
-
health
1 654
-
1 040
-
income
3 591
-
-
-
surtax
2 279
-
-
-
total
10 498
-
2 909
-
Employer
37 176
-
708
-
pensions
2 974
-
1 869
-
health
1 134
-
713
-
accident
334
-
211
-
total
4 442
-
2 793
-
Corporate
-
3 500
-
-
income
-
525
-
-
communal
-
-
-
-
surtax
-
36
-
-
total
-
561
-
-
Dividends
-
2 938
-
-
income
-
102
-
-
withholding
-
441
-
-
total
-
543
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 940
1 104
5 702
5 699
After tax
-11 440
2 396
-2 202
-2 199
Living cost
26 678
26 678
26 678
26 678
Free-cash
-38 118
-24 282
-28 880
-28 877

Estimated living cost  is ₴26678 per week

₴20012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4766
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
-₴16511
-₴10177
-₴8824
-₴9737
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
-
-
-
3 500
health
-
-
-
466
income
-
-
-
322
surtax
-
-
-
-
pensions
-
-
-
1 311
other
-
-
-
-
unemployment
-
-
-
112
total
-
-
-
2 211
Employee
16 532
-
2 121
-
unemployment
1 150
-
456
-
pensions
1 103
-
437
-
health
422
-
167
-
income
2 771
-
212
-
other
-
-
-
-
surtax
59
-
-
-
total
5 505
-
1 272
-
Employer
16 532
-
2 121
-
pensions
2 204
-
873
-
other
-
-
-
-
health
752
-
298
-
unemployment
524
-
208
-
total
3 480
-
1 379
-
Corporate
-
3 500
-
-
income
-
910
-
-
total
-
910
-
-
Dividends
-
2 590
-
-
withholding
-
388
-
-
total
-
388
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 985
1 298
2 651
2 211
After tax
-5 485
2 202
849
1 289
Living cost
11 026
11 026
11 026
11 026
Free-cash
-16 511
-8 824
-10 177
-9 737

Estimated living cost  is ₴11026 per week

₴6657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3155
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
-₴23732
-₴14712
-₴11385
-₴13529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
social contributions
-
-
-
3 805
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
3 805
Employee
27 231
-
3 500
-
regional
367
-
-
-
municipal
144
-
-
-
national
4 314
-
-
-
social contributions
9 183
-
4 988
-
total
14 008
-
4 988
-
Employer
27 231
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
municipal
-
174
-
-
nationa
-
840
-
-
total
-
1 014
-
-
Dividends
-
2 486
-
-
withholding
-
647
-
-
total
-
647
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 008
1 661
4 988
3 805
After tax
-10 508
1 839
-1 488
-305
Living cost
13 224
13 224
13 224
13 224
Free-cash
-23 732
-11 385
-14 712
-13 529

Estimated living cost  is ₴13224 per week

₴8224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3434
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
-₴26095
-₴13242
-₴12608
-₴13314
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
-
-
-
3 500
social contributions
-
-
-
1 022
health
-
-
-
473
income
-
-
-
301
solidarity contribution
-
-
-
-
total
-
-
-
1 796
Employee
22 086
-
2 612
-
solidarity contribution
-
-
-
-
health
2 982
-
353
-
social contributions
1 436
-
170
-
income
2 650
-
313
-
total
7 068
-
836
-
Employer
22 086
-
2 612
-
health
1 988
-
235
-
social contributions
5 521
-
653
-
total
7 509
-
888
-
Corporate
-
3 500
-
-
income
-
665
-
-
total
-
665
-
-
Dividends
-
2 835
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 577
1 090
1 724
1 796
After tax
-11 077
2 410
1 776
1 704
Living cost
15 018
15 018
15 018
15 018
Free-cash
-26 095
-12 608
-13 242
-13 314

Estimated living cost  is ₴15018 per week

₴11169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2758
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
-₴24602
-₴18242
-₴23244
-₴16466
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
-
-
-
3 500
health
-
-
-
374
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
14
pensions
-
-
-
905
unemployment
-
-
-
3 011
total
-
-
-
4 304
Employee
21 459
19 563
19 563
-
unemployment
644
587
147
-
pensions
2 198
2 003
501
-
health
830
757
189
-
income
1 912
1 443
2 298
-
other
214
196
49
-
total
5 798
4 986
3 184
-
Employer
21 459
19 563
19 563
-
chamber of commerce
86
78
78
-
pensions
2 693
2 456
615
-
other
1 019
929
805
-
health
811
740
185
-
unemployment
644
587
147
-
accident
279
254
14
-
surtax
-
-
-
-
payroll
644
587
587
-
total
6 176
5 631
2 431
-
Corporate
1 863
1 863
1 863
-
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.

466
466
466
-
total
466
466
466
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
12 440
11 083
6 081
4 304
After tax
-8 940
-7 583
-2 581
-804
Living cost
15 662
15 662
15 662
15 662
Free-cash
-24 602
-23 244
-18 242
-16 466

Estimated living cost  is ₴15662 per week

₴9395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4388
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
-₴4376
-₴3501
-₴2976
-₴2836
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%.

-
-
-
3 500
microenterprise

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

-
-
-
35
total
-
-
-
35
Employee
7 876
-
3 500
-
income
1 575
-
700
-
total
1 575
-
700
-
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%.

-
3 500
-
-
total
-
-
-
-
Dividends
-
3 500
-
-
withholding
-
175
-
-
total
-
175
-
-
Income
3 500
3 500
3 500
3 500
Total tax
1 575
175
700
35
After tax
1 925
3 325
2 800
3 465
Living cost
6 301
6 301
6 301
6 301
Free-cash
-4 376
-2 976
-3 501
-2 836

Estimated living cost  is ₴6301 per week

₴4264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1561
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
-₴21588
-₴11186
-₴10757
-₴11059
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.

-
-
-
3 500
health
-
-
-
345
income
-
-
-
402
pensions
-
-
-
639
unemployment
-
-
-
6
total
-
-
-
1 392
Employee

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

21 708
-
3 029
-
unemployment
31
-
5
-
pensions
3 365
-
470
-
health
1 402
-
196
-
income
3 743
-
377
-
total
8 541
-
1 048
-
Employer

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

21 708
-
3 029
-
pensions
1 921
-
268
-
health
1 446
-
201
-
unemployment
13
-
2
-
total
3 380
-
471
-
Corporate
-
3 500
-
-
income
-
665
-
-
total
-
665
-
-
Dividends
-
2 835
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
3 500
3 500
3 500
3 500
Total tax
11 921
1 090
1 519
1 392
After tax
-8 421
2 410
1 981
2 108
Living cost
13 167
13 167
13 167
13 167
Free-cash
-21 588
-10 757
-11 186
-11 059

Estimated living cost  is ₴13167 per week

₴9036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3032
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
-₴70427
-₴24416
-₴19265
-₴19052
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
-
-
-
3 500
social contributions
-
-
-
498
income
-
-
-
660
total
-
-
-
1 158
Employee
30 675
-
-
-
social contributions
2 515
-
358
-
income
6 766
-
-
-
total
9 281
-
358
-
Employer
30 675
-
-
-
social contributions
43 252
-
6 164
-
total
43 252
-
6 164
-
Corporate
-
3 500
-
-
income
-
770
-
-
total
-
770
-
-
Dividends
-
2 730
-
-
income
-
601
-
-
total
-
601
-
-
Income
3 500
3 500
3 500
3 500
Total tax
52 533
1 371
6 522
1 158
After tax
-49 033
2 129
-3 022
2 342
Living cost
21 394
21 394
21 394
21 394
Free-cash
-70 427
-19 265
-24 416
-19 052

Estimated living cost  is ₴21394 per week

₴13881
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.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5228
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
-₴24440
-₴13246
-₴13407
-₴13319
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.

-
-
-
3 500
social contributions

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

-
-
-
1 217
income
-
-
-
204
surtax
-
-
-
-
total
-
-
-
1 421
Employee
22 578
-
2 828
-
social contributions
2 484
-
311
-
income
4 696
-
365
-
surtax
-
-
-
-
total
7 180
-
676
-
Employer
22 578
-
2 828
-
social contributions
5 362
-
672
-
total
5 362
-
672
-
Corporate
-
3 500
-
-
income
-
735
-
-
surtax
-
-
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
774
-
-
total
-
774
-
-
Income
3 500
3 500
3 500
3 500
Total tax
12 542
1 509
1 348
1 421
After tax
-9 042
1 991
2 152
2 079
Living cost
15 398
15 398
15 398
15 398
Free-cash
-24 440
-13 407
-13 246
-13 319

Estimated living cost  is ₴15398 per week

₴11521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴36850
-₴21420
-₴21946
-₴22391
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
-
-
-
3 500
social contributions
-
-
-
100
health
-
-
-
130
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 843
other
-
-
-
108
total
-
-
-
2 181
Employee
30 746
-
2 667
-
pensions
3 478
-
302
-
social contributions
876
-
76
-
income
2 683
-
-
-
surtax
-
-
-
-
total
7 037
-
378
-
Employer
30 746
-
2 667
-
pensions
5 052
-
438
-
other
1 061
-
92
-
health
2 152
-
186
-
unemployment
1 246
-
108
-
social contributions
92
-
8
-
total
9 603
-
832
-
Corporate
-
3 500
-
-
income
-
980
-
-
surtax
-
-
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
surtax
-
-
-
-
social contributions
-
434
-
-
withholding
-
322
-
-
total
-
756
-
-
Income
3 500
3 500
3 500
3 500
Total tax
16 640
1 736
1 210
2 181
After tax
-13 140
1 764
2 290
1 319
Living cost
23 710
23 710
23 710
23 710
Free-cash
-36 850
-21 946
-21 420
-22 391

Estimated living cost  is ₴23710 per week

₴16046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5398
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
-₴14728
-₴11923
-₴11606
-₴12026
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
-
-
-
3 500
social contributions
-
-
-
770
income
-
-
-
-
total
-
-
-
770
Employee
15 782
-
3 030
-
social contributions
1 026
-
197
-
income
-
-
-
-
total
1 026
-
197
-
Employer
15 782
-
3 030
-
social contributions
2 446
-
470
-
total
2 446
-
470
-
Corporate
-
3 500
-
-
income
-
350
-
-
total
-
350
-
-
Dividends
-
3 150
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 472
350
667
770
After tax
28
3 150
2 833
2 730
Living cost
14 756
14 756
14 756
14 756
Free-cash
-14 728
-11 606
-11 923
-12 026

Estimated living cost  is ₴14756 per week

₴9541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3825
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
-₴103356
-₴103356
-₴103356
-₴20791
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
-
-
-
3 500
municipal
-
-
-
-
pensions
-
-
-
425
labour market
-
-
-
246
national
-
-
-
-
total
-
-
-
671
Employee
99 693
99 693
99 693
-
pensions
142
142
142
-
municipal
21 229
21 229
21 229
-
national
12 179
12 179
12 179
-
labour market
7 964
7 964
7 964
-
total
41 514
41 514
41 514
-
Employer
99 693
99 693
99 693
-
municipal
21 263
21 263
21 263
-
pensions
283
283
283
-
national
12 201
12 201
12 201
-
labour market
7 975
7 975
7 975
-
total
41 722
41 722
41 722
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
83 236
83 236
83 236
671
After tax
-79 736
-79 736
-79 736
2 829
Living cost
23 620
23 620
23 620
23 620
Free-cash
-103 356
-103 356
-103 356
-20 791

Estimated living cost  is ₴23620 per week

₴16166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5001
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
-₴16887
-₴8918
-₴10483
-₴10732
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
-
-
-
3 500
accident
-
-
-
125
health
-
-
-
1 083
income
-
-
-
7
pensions
-
-
-
2 067
other
-
-
-
184
total
-
-
-
3 466
Employee
16 935
-
2 907
-
pensions
1 907
-
327
-
health
1 939
-
333
-
income
2 323
-
399
-
total
6 169
-
1 059
-
Employer
16 935
-
2 907
-
pensions
2 754
-
473
-
unemployment
415
-
71
-
accident
283
-
49
-
total
3 452
-
593
-
Corporate
-
3 500
-
-
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.

-
3 150
-
-
total
-
3 150
-
-
Dividends
-
350
-
-
withholding
-
67
-
-
total
-
67
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 621
3 217
1 652
3 466
After tax
-6 121
283
1 848
34
Living cost
10 766
10 766
10 766
10 766
Free-cash
-16 887
-10 483
-8 918
-10 732

Estimated living cost  is ₴10766 per week

₴7836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴614
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.
₴2114
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
-₴27201
-₴16631
-₴16425
-₴15977
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

-
-
-
3 500
health
-
-
-
-
municipal
-
-
-
630
national
-
-
-
-
total
-
-
-
630
Employee
25 827
-
2 945
-
unemployment
388
-
44
-
pensions
1 743
-
198
-
municipal
4 230
-
486
-
national
427
-
-
-
health
193
-
-
-
total
6 981
-
728
-
Employer
25 827
-
2 945
-
pensions
4 481
-
511
-
health
198
-
22
-
unemployment
168
-
20
-
accident
26
-
3
-
total
4 873
-
556
-
Corporate
-
3 500
-
-
income
-
700
-
-
total
-
700
-
-
Dividends

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

-
2 100
-
-
national
-
-
-
-
municipal
-
378
-
-
total
-
378
-
-
Income
3 500
3 500
3 500
3 500
Total tax
11 854
1 078
1 284
630
After tax
-8 354
2 422
2 216
2 870
Living cost
18 847
18 847
18 847
18 847
Free-cash
-27 201
-16 425
-16 631
-15 977

Estimated living cost  is ₴18847 per week

₴12311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4424
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
-₴15441
-₴14674
-₴18967
-₴11253
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
-
-
-
18 662
social contributions
-
-
-
2 911
health
-
-
-
476
income
-
-
-
-
total
-
-
-
3 387
Employee
37 748
37 748
37 748
-
health
293
642
216
-
social contributions
1 427
3 133
1 056
-
income
4 110
3 494
4 244
-
total
5 830
7 269
5 516
-
Employer
37 748
37 748
37 748
-
health
318
699
236
-
social contributions
1 427
3 133
1 056
-
total
1 745
3 832
1 292
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 575
11 101
6 808
3 387
After tax
-4 075
-7 601
-3 308
113
Living cost
11 366
11 366
11 366
11 366
Free-cash
-15 441
-18 967
-14 674
-11 253

Estimated living cost  is ₴11366 per week

₴6812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3188
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
-₴8927
-₴7279
-₴4896
-₴9208
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
-
-
-
3 500
health
-
-
-
1 777
income
-
-
-
-
pensions
-
-
-
3 123
unemployment
-
-
-
14
total
-
-
-
4 914
Employee

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

11 268
-
2 619
-
unemployment
56
-
43
-
pensions
1 690
-
1 283
-
health
958
-
727
-
income
770
-
51
-
total
3 474
-
2 104
-
Employer

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

11 268
-
2 619
-
pensions
619
-
470
-
health
484
-
368
-
unemployment
56
-
43
-
total
1 159
-
881
-
Corporate
-
3 500
-
-
income
-
315
-
-
total
-
315
-
-
Dividends
-
3 185
-
-
withholding
-
287
-
-
total
-
287
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 633
602
2 985
4 914
After tax
-1 133
2 898
515
-1 414
Living cost
7 794
7 794
7 794
7 794
Free-cash
-8 927
-4 896
-7 279
-9 208

Estimated living cost  is ₴7794 per week

₴4973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2027
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
-₴20437
-₴16266
-₴11089
-₴13229
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
-
-
-
3 500
accident
-
-
-
95
income
-
-
-
63
pensions
-
-
-
2 988
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 230
Employee
18 152
-
-
-
unemployment
281
-
254
-
pensions
853
-
770
-
income
3 499
-
-
-
other
18
-
17
-
total
4 651
-
1 041
-
Employer
18 152
-
-
-
pensions
4 283
-
3 869
-
other
145
-
131
-
unemployment
999
-
902
-
accident
360
-
324
-
total
5 787
-
5 226
-
Corporate
-
3 500
-
-
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.

-
525
-
-
total
-
525
-
-
Dividends
-
2 975
-
-
withholding
-
565
-
-
total
-
565
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 438
1 090
6 267
3 230
After tax
-6 938
2 410
-2 767
270
Living cost
13 499
13 499
13 499
13 499
Free-cash
-20 437
-11 089
-16 266
-13 229

Estimated living cost  is ₴13499 per week

₴9112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2853
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
₴1065
₴840
₴1223
₴750
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
-
-
-
3 500
health
-
-
-
508
income
-
-
-
581
pensions
-
-
-
700
total
-
-
-
1 789
Employee
1 464
-
2 857
-
unemployment
15
-
29
-
pensions
132
-
257
-
health
73
-
143
-
income
283
-
628
-
total
503
-
1 057
-
Employer
1 464
-
2 857
-
pensions
161
-
314
-
health
139
-
271
-
unemployment
29
-
57
-
total
329
-
642
-
Corporate
1 707
3 500
-
-
income
376
770
-
-
total
376
770
-
-
Dividends
1 332
2 730
-
-
withholding
266
546
-
-
total
266
546
-
-
Income
3 500
3 500
3 500
3 500
Total tax
1 474
1 316
1 699
1 789
After tax
2 026
2 184
1 801
1 711
Living cost
961
961
961
961
Free-cash
1 065
1 223
840
750

Estimated living cost  is ₴961 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
-₴11587
-₴6200
-₴5957
-₴6381
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.

-
-
-
3 500
health
-
-
-
360
income
-
-
-
72
pensions
-
-
-
910
unemployment
-
-
-
53
total
-
-
-
1 395
Employee

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

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

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

12 796
-
2 969
-
unemployment
96
-
22
-
pensions
1 791
-
416
-
health
659
-
153
-
income
1 764
-
92
-
total
4 310
-
683
-
Employer

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

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

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

12 796
-
2 969
-
pensions
1 536
-
356
-
health
659
-
153
-
unemployment
96
-
22
-
total
2 291
-
531
-
Corporate
-
3 500
-
-
income
-
525
-
-
total
-
525
-
-
Dividends
-
2 975
-
-
withholding
-
446
-
-
total
-
446
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 601
971
1 214
1 395
After tax
-3 101
2 529
2 286
2 105
Living cost
8 486
8 486
8 486
8 486
Free-cash
-11 587
-5 957
-6 200
-6 381

Estimated living cost  is ₴8486 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴656
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.
₴1870
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
-₴20078
-₴11082
-₴11243
-₴11155
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.

-
-
-
3 500
social contributions

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

-
-
-
1 217
income
-
-
-
204
surtax
-
-
-
-
total
-
-
-
1 421
Employee
19 053
-
2 828
-
social contributions
2 096
-
311
-
income
3 723
-
365
-
surtax
-
-
-
-
total
5 819
-
676
-
Employer
19 053
-
2 828
-
social contributions
4 525
-
672
-
total
4 525
-
672
-
Corporate
-
3 500
-
-
income
-
735
-
-
surtax
-
-
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
774
-
-
total
-
774
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 344
1 509
1 348
1 421
After tax
-6 844
1 991
2 152
2 079
Living cost
13 234
13 234
13 234
13 234
Free-cash
-20 078
-11 243
-11 082
-11 155

Estimated living cost  is ₴13234 per week

₴9374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2707
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
-₴27767
-₴20019
-₴14842
-₴16982
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
-
-
-
3 500
accident
-
-
-
95
income
-
-
-
63
pensions
-
-
-
2 988
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 230
Employee
23 708
-
-
-
unemployment
367
-
254
-
pensions
1 114
-
770
-
income
4 952
-
-
-
other
23
-
17
-
total
6 456
-
1 041
-
Employer
23 708
-
-
-
pensions
5 595
-
3 869
-
other
190
-
131
-
unemployment
1 304
-
902
-
accident
470
-
324
-
total
7 559
-
5 226
-
Corporate
-
3 500
-
-
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.

-
525
-
-
total
-
525
-
-
Dividends
-
2 975
-
-
withholding
-
565
-
-
total
-
565
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 015
1 090
6 267
3 230
After tax
-10 515
2 410
-2 767
270
Living cost
17 252
17 252
17 252
17 252
Free-cash
-27 767
-14 842
-20 019
-16 982

Estimated living cost  is ₴17252 per week

₴12390
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.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3278
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
-₴9896
-₴6337
-₴5465
-₴6418
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
-
-
-
3 500
health
-
-
-
403
income
-
-
-
525
pensions

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

-
-
-
518
unemployment
-
-
-
14
total
-
-
-
1 460
Employee
11 200
-
2 871
-
accident

We are using the highest rate at 1.1%.

123
-
35
-
pensions

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

983
-
281
-
health
515
-
147
-
income
1 120
-
287
-
total
2 741
-
750
-
Employer
11 200
-
2 871
-
pensions

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

1 234
-
354
-
health
773
-
221
-
unemployment
67
-
19
-
accident

We are using the highest rate at 1.1%.

123
-
35
-
total
2 197
-
629
-
Corporate
-
3 500
-
-
income
-
350
-
-
total
-
350
-
-
Dividends
-
3 150
-
-
withholding
-
157
-
-
total
-
157
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 938
507
1 379
1 460
After tax
-1 438
2 993
2 121
2 040
Living cost
8 458
8 458
8 458
8 458
Free-cash
-9 896
-5 465
-6 337
-6 418

Estimated living cost  is ₴8458 per week

₴5594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2178
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
-₴20925
-₴18806
-₴17014
-₴18806
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.

-
-
-
3 500
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.

-
-
-
3 354
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 354
Employee

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

24 425
-
3 500
-
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.

3 354
-
3 354
-
income

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

2 008
-
-
-
surtax

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

111
-
-
-
total
5 473
-
3 354
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
525
-
-
chamber of commerce
-
80
-
-
surtax

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

-
29
-
-
trade
-
502
-
-
total
-
1 136
-
-
Dividends
-
2 363
-
-
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.

-
22
-
-
withholding
-
404
-
-
total
-
426
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 473
1 562
3 354
3 354
After tax
-1 973
1 938
146
146
Living cost
18 952
18 952
18 952
18 952
Free-cash
-20 925
-17 014
-18 806
-18 806

Estimated living cost  is ₴18952 per week

₴13074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3564
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
-₴34900
-₴24464
-₴25514
-₴24464
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
-
-
-
3 500
social contributions
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Employee
38 399
-
3 500
-
social contributions
3 190
-
-
-
income
7 246
-
-
-
total
10 436
-
-
-
Employer
38 399
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
438
-
-
total
-
438
-
-
Dividends
-
3 062
-
-
withholding
-
612
-
-
total
-
612
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 436
1 050
-
-
After tax
-6 936
2 450
3 500
3 500
Living cost
27 964
27 964
27 964
27 964
Free-cash
-34 900
-25 514
-24 464
-24 464

Estimated living cost  is ₴27964 per week

₴21274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4144
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
-₴22741
-₴16026
-₴17010
-₴31329
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.

-
-
-
3 500
income
-
-
-
13 974
health

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

-
-
-
3 035
total
-
-
-
17 009
Employee
22 520
-
2 647
-
social contributions
2 256
-
853
-
income
2 444
-
-
-
total
4 700
-
853
-
Employer
22 520
-
2 647
-
social contributions
2 256
-
853
-
total
2 256
-
853
-
Corporate
-
3 500
-
-
income
-
1 225
-
-
total
-
1 225
-
-
Dividends
-
2 275
-
-
social contributions
1 465
1 465
-
-
total
1 465
1 465
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 421
2 690
1 706
17 009
After tax
-4 921
810
1 794
-13 509
Living cost
17 820
17 820
17 820
17 820
Free-cash
-22 741
-17 010
-16 026
-31 329

Estimated living cost  is ₴17820 per week

₴11738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4404
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
-₴23920
-₴15089
-₴15214
-₴15036
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
-
-
-
3 500
income
-
-
-
700
pensions
-
-
-
-
total
-
-
-
700
Employee
24 482
-
3 434
-
pensions
1 869
-
-
-
health
319
-
-
-
income
4 458
-
687
-
total
6 646
-
687
-
Employer
24 482
-
3 434
-
pensions
2 473
-
-
-
health
465
-
66
-
total
2 938
-
66
-
Corporate
-
3 500
-
-
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.

-
665
-
-
total
-
665
-
-
Dividends
-
2 835
-
-
withholding
-
213
-
-
total
-
213
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 584
878
753
700
After tax
-6 084
2 622
2 747
2 800
Living cost
17 836
17 836
17 836
17 836
Free-cash
-23 920
-15 214
-15 089
-15 036

Estimated living cost  is ₴17836 per week

₴12235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1640
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.
₴3736
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
-₴18905
-₴9984
-₴11549
-₴11798
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
-
-
-
3 500
accident
-
-
-
125
health
-
-
-
1 083
income
-
-
-
7
pensions
-
-
-
2 067
other
-
-
-
184
total
-
-
-
3 466
Employee
18 612
-
2 907
-
pensions
2 096
-
327
-
health
2 131
-
333
-
income
2 553
-
399
-
total
6 780
-
1 059
-
Employer
18 612
-
2 907
-
pensions
3 026
-
473
-
unemployment
456
-
71
-
accident
311
-
49
-
total
3 793
-
593
-
Corporate
-
3 500
-
-
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.

-
3 150
-
-
total
-
3 150
-
-
Dividends
-
350
-
-
withholding
-
67
-
-
total
-
67
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 573
3 217
1 652
3 466
After tax
-7 073
283
1 848
34
Living cost
11 832
11 832
11 832
11 832
Free-cash
-18 905
-11 549
-9 984
-11 798

Estimated living cost  is ₴11832 per week

₴8683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
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.
₴2221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
-₴7105
-₴4441
-₴3653
-₴4441
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.

-
-
-
3 500
income
-
-
-
350
health insurance
-
-
-
259
pensions
-
-
-
644
unemployment
-
-
-
42
work injury
-
-
-
18
total
-
-
-
1 313
Employee

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

10 605
-
3 500
-
unemployment
127
-
42
-
pensions
1 951
-
644
-
work injury
53
-
18
-
income
1 061
-
350
-
health insurance
785
-
259
-
total
3 977
-
1 313
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
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
-
3 500
-
-
withholding
-
525
-
-
total
-
525
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 977
525
1 313
1 313
After tax
-477
2 975
2 187
2 187
Living cost
6 628
6 628
6 628
6 628
Free-cash
-7 105
-3 653
-4 441
-4 441

Estimated living cost  is ₴6628 per week

₴4106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₴37868
-₴21044
-₴17712
-₴19861
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
-
-
-
3 500
social contributions
-
-
-
3 805
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
3 805
Employee
41 366
-
3 500
-
regional
625
-
-
-
municipal
247
-
-
-
national
6 991
-
-
-
social contributions
13 949
-
4 988
-
total
21 812
-
4 988
-
Employer
41 366
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
municipal
-
169
-
-
nationa
-
840
-
-
total
-
1 009
-
-
Dividends
-
2 491
-
-
withholding
-
647
-
-
total
-
647
-
-
Income
3 500
3 500
3 500
3 500
Total tax
21 812
1 656
4 988
3 805
After tax
-18 312
1 844
-1 488
-305
Living cost
19 556
19 556
19 556
19 556
Free-cash
-37 868
-17 712
-21 044
-19 861

Estimated living cost  is ₴19556 per week

₴13737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4178
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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[[ place.name ]], [[ place.country ]]

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

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

Estimated living cost

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

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