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
-₴15424
-₴13533
-₴15424
-₴15999
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.

-
-
-
3 483
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 483
Employee

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

19 498
-
3 500
-
surtax

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

30
-
-
-
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.

545
-
-
-
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.

3 483
-
3 483
-
total
4 058
-
3 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
chamber of commerce
-
82
-
-
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
-
-
income
-
525
-
-
total
-
1 187
-
-
Dividends
-
2 312
-
-
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
-
384
-
-
total
-
405
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 058
1 592
3 483
3 483
After tax
-558
1 908
17
17
Living cost
15 441
15 441
15 441
15 441
Free-cash
-15 999
-13 533
-15 424
-15 424

Estimated living cost  is ₴15441 per week

₴9713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1800
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.
₴3639
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
-₴23859
-₴24779
-₴23921
-₴42091
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
pensions
-
-
-
420
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
458
Employee
41 798
-
3 026
-
municipal
5 163
-
-
-
national
8 000
-
-
-
pensions
1 672
-
121
-
total
14 835
-
121
-
Employer
41 798
-
3 026
-
pensions
3 344
-
242
-
social contributions
449
-
33
-
total
3 793
-
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
18 628
1 316
396
458
After tax
-15 128
2 184
3 104
3 042
Living cost
26 963
26 963
26 963
26 963
Free-cash
-42 091
-24 779
-23 859
-23 921

Estimated living cost  is ₴26963 per week

₴18326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴404
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.
₴5727
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
-₴9206
-₴7806
-₴9236
-₴14985
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.

-
-
-
1 605
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
525
total
-
-
-
2 130
Employee
14 896
-
2 298
-
surtax
-
-
-
-
social contributions

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

1 639
-
549
-
income
2 652
-
349
-
total
4 291
-
898
-
Employer
14 896
-
2 298
-
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.

3 588
-
1 202
-
total
3 588
-
1 202
-
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
7 879
700
2 100
2 130
After tax
-4 379
2 800
1 400
1 370
Living cost
10 606
10 606
10 606
10 606
Free-cash
-14 985
-7 806
-9 206
-9 236

Estimated living cost  is ₴10606 per week

₴6766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2589
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
-₴47123
-₴44262
-₴19339
-₴47123
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
-
-
-
537
income
-
-
-
315
pensions
-
-
-
631
total
-
-
-
1 483
Employee
43 534
43 534
43 534
-
income

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

7 126
7 126
7 126
-
pensions
7 836
5 973
7 836
-
health
6 682
5 684
6 682
-
total
21 644
18 783
21 644
-
Employer
43 534
43 534
43 534
-
unemployment
1 567
1 567
1 567
-
health
3 026
3 026
3 026
-
pensions
3 030
3 030
3 030
-
total
7 623
7 623
7 623
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
29 267
26 406
29 267
1 483
After tax
-25 767
-22 906
-25 767
2 017
Living cost
21 356
21 356
21 356
21 356
Free-cash
-47 123
-44 262
-47 123
-19 339

Estimated living cost  is ₴21356 per week

₴15134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
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.
₴3957
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
-₴19109
-₴19068
-₴19234
-₴35785
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
other
-
-
-
407
health
-
-
-
218
accident
-
-
-
7
pensions
-
-
-
378
national
-
-
-
-
unemployment
-
-
-
4
municipal
-
-
-
741
total
-
-
-
1 755
Employee
29 893
-
2 663
-
municipal
8 914
-
794
-
national
-
-
-
-
total
8 914
-
794
-
Employer
29 893
-
2 663
-
other
3 474
-
309
-
unemployment
789
-
70
-
health
1 838
-
164
-
accident
60
-
5
-
pensions
3 231
-
288
-
total
9 392
-
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
18 306
1 589
1 630
1 755
After tax
-14 806
1 911
1 870
1 745
Living cost
20 979
20 979
20 979
20 979
Free-cash
-35 785
-19 068
-19 109
-19 234

Estimated living cost  is ₴20979 per week

₴13904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4698
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
-₴20010
-₴18138
-₴20010
-₴22353
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.

-
-
-
3 483
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 483
Employee

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

25 852
-
3 500
-
surtax

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

122
-
-
-
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.

2 221
-
-
-
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.

3 483
-
3 483
-
total
5 826
-
3 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
chamber of commerce
-
82
-
-
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
-
-
income
-
525
-
-
total
-
1 212
-
-
Dividends
-
2 288
-
-
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
-
378
-
-
total
-
399
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 826
1 611
3 483
3 483
After tax
-2 326
1 889
17
17
Living cost
20 027
20 027
20 027
20 027
Free-cash
-22 353
-18 138
-20 010
-20 010

Estimated living cost  is ₴20027 per week

₴13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4222
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
-₴20106
-₴24563
-₴16552
-₴21776
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
-
-
-
19 380
social contributions
-
-
-
3 023
health
-
-
-
494
income
-
-
-
-
total
-
-
-
3 517
Employee
39 200
39 200
39 200
-
social contributions
1 905
3 253
1 097
-
income
4 116
3 629
4 408
-
health
390
667
224
-
total
6 411
7 549
5 729
-
Employer
39 200
39 200
39 200
-
health
425
726
245
-
social contributions
1 905
3 253
1 097
-
total
2 330
3 979
1 342
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 741
11 528
7 071
3 517
After tax
-5 241
-8 028
-3 571
-17
Living cost
16 535
16 535
16 535
16 535
Free-cash
-21 776
-24 563
-20 106
-16 552

Estimated living cost  is ₴16535 per week

₴11303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1292
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.
₴3663
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
-₴8140
-₴8579
-₴7047
-₴12670
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
-
-
-
288
income
-
-
-
411
pensions
-
-
-
412
unemployment
-
-
-
62
total
-
-
-
1 173
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.

13 531
5 385
5 385
-
income
1 654
658
693
-
pensions
1 353
539
414
-
health
947
377
290
-
unemployment
203
81
62
-
total
4 157
1 655
1 459
-
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.

13 531
5 385
5 385
-
pensions
2 639
1 050
807
-
total
2 639
1 050
807
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 796
2 705
2 266
1 173
After tax
-3 296
795
1 234
2 327
Living cost
9 374
9 374
9 374
9 374
Free-cash
-12 670
-8 579
-8 140
-7 047

Estimated living cost  is ₴9374 per week

₴6397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴2023
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
-₴10984
-₴9513
-₴10729
-₴15850
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
-
-
-
755
income
-
-
-
-
pensions
-
-
-
1 161
total
-
-
-
1 916
Employee
14 462
-
1 538
-
income
1 628
-
-
-
pensions
289
-
116
-
unemployment
231
-
93
-
total
2 148
-
209
-
Employer
14 462
-
1 538
-
unemployment
116
-
46
-
health
1 880
-
755
-
pensions
2 893
-
1 161
-
total
4 889
-
1 962
-
Corporate
-
3 500
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
2 800
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 037
700
2 171
1 916
After tax
-3 537
2 800
1 329
1 584
Living cost
12 313
12 313
12 313
12 313
Free-cash
-15 850
-9 513
-10 984
-10 729

Estimated living cost  is ₴12313 per week

₴8446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2887
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
-₴9411
-₴10977
-₴11325
-₴17823
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
other
-
-
-
190
health
-
-
-
1 116
accident
-
-
-
129
income
-
-
-
-
pensions
-
-
-
2 130
total
-
-
-
3 565
Employee
17 713
-
2 907
-
income
2 430
-
399
-
pensions
1 995
-
327
-
health
2 028
-
333
-
total
6 453
-
1 059
-
Employer
17 713
-
2 907
-
unemployment
434
-
71
-
accident
296
-
48
-
pensions
2 880
-
473
-
total
3 610
-
592
-
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
10 063
3 217
1 651
3 565
After tax
-6 563
283
1 849
-65
Living cost
11 260
11 260
11 260
11 260
Free-cash
-17 823
-10 977
-9 411
-11 325

Estimated living cost  is ₴11260 per week

₴8253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
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.
₴2149
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
-₴1485
-₴960
-₴820
-₴1856
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
5 357
-
3 500
-
income
1 071
-
700
-
total
1 071
-
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
1 071
175
700
35
After tax
2 429
3 325
2 800
3 465
Living cost
4 285
4 285
4 285
4 285
Free-cash
-1 856
-960
-1 485
-820

Estimated living cost  is ₴4285 per week

₴2656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴118
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.
₴1156
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
-₴11612
-₴11012
-₴12235
-₴19675
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
other
-
-
-
263
health
-
-
-
244
income
-
-
-
316
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.

-
-
-
1 328
total
-
-
-
2 151
Employee
18 510
-
2 687
-
income
3 187
-
462
-
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.

1 295
-
188
-
health
259
-
38
-
unemployment
185
-
27
-
total
4 926
-
715
-
Employer
18 510
-
2 687
-
other
926
-
270
-
unemployment
185
-
27
-
health
259
-
38
-
accident
148
-
21
-
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.

3 147
-
457
-
total
4 665
-
813
-
Corporate
-
3 500
-
-
income
-
735
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
193
-
-
total
-
193
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 591
928
1 528
2 151
After tax
-6 091
2 572
1 972
1 349
Living cost
13 584
13 584
13 584
13 584
Free-cash
-19 675
-11 012
-11 612
-12 235

Estimated living cost  is ₴13584 per week

₴9598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2850
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
-₴31040
-₴31166
-₴30988
-₴50857
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
47 805
-
3 434
-
income
8 617
-
686
-
health
788
-
-
-
pensions
4 612
-
-
-
total
14 017
-
686
-
Employer
47 805
-
3 434
-
health
908
-
66
-
pensions
5 644
-
-
-
total
6 552
-
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
20 569
878
752
700
After tax
-17 069
2 622
2 748
2 800
Living cost
33 788
33 788
33 788
33 788
Free-cash
-50 857
-31 166
-31 040
-30 988

Estimated living cost  is ₴33788 per week

₴25318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3970
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.
₴4226
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
-₴4592
-₴3682
-₴4634
-₴7071
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
8 837
-
2 849
-
income
884
-
285
-
accident

We are using the highest rate at 1.1%.

97
-
37
-
pensions

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

776
-
291
-
health
406
-
153
-
total
2 163
-
766
-
Employer
8 837
-
2 849
-
unemployment
53
-
20
-
health
610
-
229
-
accident

We are using the highest rate at 1.1%.

97
-
37
-
pensions

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

974
-
366
-
total
1 734
-
652
-
Corporate
-
3 500
-
-
income
-
350
-
-
total
-
350
-
-
Dividends
-
3 150
-
-
withholding
-
158
-
-
total
-
158
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 897
508
1 418
1 460
After tax
-397
2 992
2 082
2 040
Living cost
6 674
6 674
6 674
6 674
Free-cash
-7 071
-3 682
-4 592
-4 634

Estimated living cost  is ₴6674 per week

₴3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2124
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
-₴54035
-₴51174
-₴26251
-₴52038
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
-
-
-
537
income
-
-
-
315
pensions
-
-
-
631
total
-
-
-
1 483
Employee
47 264
43 534
43 534
-
income

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

7 126
7 126
7 126
-
pensions
5 973
5 973
7 836
-
health
5 896
5 684
6 682
-
total
18 995
18 783
21 644
-
Employer
47 264
43 534
43 534
-
unemployment
1 702
1 567
1 567
-
health
3 284
3 026
3 026
-
pensions
3 289
3 030
3 030
-
total
8 275
7 623
7 623
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
27 270
26 406
29 267
1 483
After tax
-23 770
-22 906
-25 767
2 017
Living cost
28 268
28 268
28 268
28 268
Free-cash
-52 038
-51 174
-54 035
-26 251

Estimated living cost  is ₴28268 per week

₴20853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4567
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
-₴10776
-₴10142
-₴10847
-₴21235
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
-
-
-
472
income
-
-
-
301
solidarity contribution
-
-
-
-
total
-
-
-
1 795
Employee
18 459
-
2 612
-
social contributions
1 200
-
170
-
solidarity contribution
-
-
-
-
income
2 215
-
313
-
health
2 492
-
353
-
total
5 907
-
836
-
Employer
18 459
-
2 612
-
health
1 661
-
235
-
social contributions
4 615
-
653
-
total
6 276
-
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
12 183
1 090
1 724
1 795
After tax
-8 683
2 410
1 776
1 705
Living cost
12 552
12 552
12 552
12 552
Free-cash
-21 235
-10 142
-10 776
-10 847

Estimated living cost  is ₴12552 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴2694
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
-₴23191
-₴19643
-₴21962
-₴41807
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
-
-
-
3 951
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
3 951
Employee
45 307
-
3 500
-
social contributions
15 277
-
5 180
-
municipal
240
-
-
-
national
7 851
-
-
-
regional
428
-
-
-
total
23 796
-
5 180
-
Employer
45 307
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
nationa
-
840
-
-
municipal
-
136
-
-
total
-
976
-
-
Dividends
-
2 524
-
-
withholding
-
656
-
-
total
-
656
-
-
Income
3 500
3 500
3 500
3 500
Total tax
23 796
1 632
5 180
3 951
After tax
-20 296
1 868
-1 680
-451
Living cost
21 511
21 511
21 511
21 511
Free-cash
-41 807
-19 643
-23 191
-21 962

Estimated living cost  is ₴21511 per week

₴14995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴4775
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
-₴10474
-₴9048
-₴10018
-₴16906
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
other
-
-
-
-
health
-
-
-
484
income
-
-
-
308
pensions
-
-
-
1 361
surtax
-
-
-
-
unemployment
-
-
-
116
total
-
-
-
2 269
Employee
16 858
-
2 068
-
surtax
55
-
-
-
income
2 826
-
193
-
other
-
-
-
-
pensions
1 124
-
454
-
health
431
-
173
-
unemployment
1 173
-
473
-
total
5 609
-
1 293
-
Employer
16 858
-
2 068
-
other
-
-
-
-
unemployment
534
-
216
-
health
767
-
310
-
pensions
2 247
-
906
-
total
3 548
-
1 432
-
Corporate
-
3 500
-
-
income
-
910
-
-
total
-
910
-
-
Dividends
-
2 590
-
-
withholding
-
389
-
-
total
-
389
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 157
1 299
2 725
2 269
After tax
-5 657
2 201
775
1 231
Living cost
11 249
11 249
11 249
11 249
Free-cash
-16 906
-9 048
-10 474
-10 018

Estimated living cost  is ₴11249 per week

₴6878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3073
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
-₴20335
-₴20461
-₴20283
-₴32614
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
32 038
-
3 434
-
income
5 770
-
686
-
health
465
-
-
-
pensions
2 719
-
-
-
total
8 954
-
686
-
Employer
32 038
-
3 434
-
health
609
-
66
-
pensions
3 468
-
-
-
total
4 077
-
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
13 031
878
752
700
After tax
-9 531
2 622
2 748
2 800
Living cost
23 083
23 083
23 083
23 083
Free-cash
-32 614
-20 461
-20 335
-20 283

Estimated living cost  is ₴23083 per week

₴17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3817
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
-₴39737
-₴39504
-₴38167
-₴49186
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
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
health
-
-
-
134
pensions
-
-
-
322
city
-
-
-
36
national
-
-
-
-
regional
-
-
-
-
total
-
-
-
562
Employee
48 103
-
2 391
-
national
228
-
-
-
city
516
-
16
-
pensions
4 041
-
1 029
-
health
109
-
5
-
regional
1 575
-
-
-
unemployment
-
-
-
-
total
6 469
-
1 050
-
Employer
48 103
-
2 391
-
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.

962
-
48
-
unemployment
-
-
-
-
health
109
-
5
-
pensions
4 041
-
1 029
-
total
5 112
-
1 082
-
Corporate
-
3 500
-
-
regional
-
740
-
-
national
-
298
-
-
total
-
1 038
-
-
Dividends
-
2 462
-
-
withholding
-
861
-
-
total
-
861
-
-
Income
3 500
3 500
3 500
3 500
Total tax
11 581
1 899
2 132
562
After tax
-8 081
1 601
1 368
2 938
Living cost
41 105
41 105
41 105
41 105
Free-cash
-49 186
-39 504
-39 737
-38 167

Estimated living cost  is ₴41105 per week

₴26730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴505
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.
₴10181
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
-₴23337
-₴21482
-₴23337
-₴27138
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.

-
-
-
3 483
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 483
Employee

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

30 637
-
3 500
-
surtax

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

198
-
-
-
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.

3 603
-
-
-
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.

3 483
-
3 483
-
total
7 284
-
3 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
chamber of commerce
-
82
-
-
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
-
-
income
-
525
-
-
total
-
1 236
-
-
Dividends
-
2 264
-
-
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
-
372
-
-
total
-
392
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 284
1 628
3 483
3 483
After tax
-3 784
1 872
17
17
Living cost
23 354
23 354
23 354
23 354
Free-cash
-27 138
-21 482
-23 337
-23 337

Estimated living cost  is ₴23354 per week

₴17057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4126
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
-₴15153
-₴15677
-₴16189
-₴25133
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
other
-
-
-
108
social contributions
-
-
-
100
health
-
-
-
135
income
-
-
-
-
pensions
-
-
-
1 904
surtax
-
-
-
-
total
-
-
-
2 247
Employee
21 818
-
2 667
-
surtax
-
-
-
-
social contributions
622
-
76
-
income
1 288
-
-
-
pensions
2 467
-
302
-
total
4 377
-
378
-
Employer
21 818
-
2 667
-
other
753
-
92
-
unemployment
883
-
108
-
health
1 528
-
187
-
pensions
3 584
-
438
-
social contributions
66
-
8
-
total
6 814
-
833
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
980
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
social contributions
-
433
-
-
surtax
-
-
-
-
withholding
-
322
-
-
total
-
755
-
-
Income
3 500
3 500
3 500
3 500
Total tax
11 191
1 735
1 211
2 247
After tax
-7 691
1 765
2 289
1 253
Living cost
17 442
17 442
17 442
17 442
Free-cash
-25 133
-15 677
-15 153
-16 189

Estimated living cost  is ₴17442 per week

₴10998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4730
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
-₴13424
-₴13948
-₴14460
-₴22056
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
other
-
-
-
108
social contributions
-
-
-
100
health
-
-
-
135
income
-
-
-
-
pensions
-
-
-
1 904
surtax
-
-
-
-
total
-
-
-
2 247
Employee
19 476
-
2 667
-
surtax
-
-
-
-
social contributions
555
-
76
-
income
1 004
-
-
-
pensions
2 203
-
302
-
total
3 762
-
378
-
Employer
19 476
-
2 667
-
other
672
-
92
-
unemployment
788
-
108
-
health
1 363
-
187
-
pensions
3 200
-
438
-
social contributions
58
-
8
-
total
6 081
-
833
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
980
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
social contributions
-
433
-
-
surtax
-
-
-
-
withholding
-
322
-
-
total
-
755
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 843
1 735
1 211
2 247
After tax
-6 343
1 765
2 289
1 253
Living cost
15 713
15 713
15 713
15 713
Free-cash
-22 056
-13 948
-13 424
-14 460

Estimated living cost  is ₴15713 per week

₴9113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4706
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
-₴8653
-₴9323
-₴9174
-₴15124
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
-
-
-
889
health
-
-
-
450
income
-
-
-
525
total
-
-
-
1 864
Employee
17 285
-
3 500
-
social contributions
2 386
-
889
-
income
2 883
-
4
-
health
1 206
-
450
-
total
6 475
-
1 343
-
Employer
17 285
-
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
-
-
social contributions
889
889
-
-
withholding
-
499
-
-
health
450
450
-
-
total
1 339
1 838
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 814
2 013
1 343
1 864
After tax
-4 314
1 487
2 157
1 636
Living cost
10 810
10 810
10 810
10 810
Free-cash
-15 124
-9 323
-8 653
-9 174

Estimated living cost  is ₴10810 per week

₴7234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴2659
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
-₴20877
-₴26072
-₴19034
-₴29892
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
-
-
-
389
income
-
-
-
-
chamber of commerce
-
-
-
14
pensions
-
-
-
940
surtax
-
-
-
101
unemployment
-
-
-
3 127
total
-
-
-
4 571
Employee
25 477
20 316
20 316
-
income
2 900
1 499
2 387
-
other
254
203
51
-
pensions
2 609
2 080
520
-
health
986
787
196
-
unemployment
764
609
153
-
total
7 513
5 178
3 307
-
Employer
25 477
20 316
20 316
-
other
1 210
965
836
-
unemployment
764
609
153
-
health
963
768
193
-
surtax
101
101
101
-
accident
331
264
12
-
pensions
3 197
2 550
638
-
payroll
764
609
609
-
chamber of commerce
102
81
81
-
total
7 432
5 947
2 623
-
Corporate
1 935
1 935
1 935
-
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.

484
484
484
-
total
484
484
484
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
15 429
11 609
6 414
4 571
After tax
-11 929
-8 109
-2 914
-1 071
Living cost
17 963
17 963
17 963
17 963
Free-cash
-29 892
-26 072
-20 877
-19 034

Estimated living cost  is ₴17963 per week

₴11980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1532
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.
₴4155
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
-₴16960
-₴16452
-₴18026
-₴43580
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
-
-
-
2 687
communal

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

-
-
-
48
national
-
-
-
203
total
-
-
-
2 938
Employee

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

36 465
-
2 711
-
national
11 211
-
589
-
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.

2 735
-
203
-
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.

1 713
-
127
-
communal

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

1 902
-
141
-
unemployment

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

317
-
23
-
total
17 878
-
1 083
-
Employer

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

36 465
-
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.

532
-
40
-
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.

2 242
-
166
-
surtax
4 135
-
308
-
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.

474
-
35
-
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.

3 231
-
240
-
total
10 614
-
789
-
Corporate
-
3 500
-
-
surtax
-
14
-
-
income
-
700
-
-
total
-
714
-
-
Dividends
-
2 786
-
-
withholding

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

-
650
-
-
total
-
650
-
-
Income
3 500
3 500
3 500
3 500
Total tax
28 492
1 364
1 872
2 938
After tax
-24 992
2 136
1 628
562
Living cost
18 588
18 588
18 588
18 588
Free-cash
-43 580
-16 452
-16 960
-18 026

Estimated living cost  is ₴18588 per week

₴11973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4699
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
-₴21419
-₴16001
-₴18241
-₴29965
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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
41
pensions
-
-
-
3 103
unemployment
-
-
-
76
total
-
-
-
3 330
Employee
25 376
-
-
-
income
5 354
-
-
-
other
25
-
17
-
pensions
1 193
-
800
-
unemployment
394
-
264
-
total
6 966
-
1 081
-
Employer
25 376
-
-
-
other
202
-
136
-
unemployment
1 396
-
936
-
accident
502
-
337
-
pensions
5 988
-
4 018
-
total
8 088
-
5 427
-
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
15 054
1 090
6 508
3 330
After tax
-11 554
2 410
-3 008
170
Living cost
18 411
18 411
18 411
18 411
Free-cash
-29 965
-16 001
-21 419
-18 241

Estimated living cost  is ₴18411 per week

₴13557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴3281
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
-₴30125
-₴25310
-₴30123
-₴39717
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
-
-
-
1 819
accident
-
-
-
219
income
-
-
-
-
pensions
-
-
-
3 881
communal
-
-
-
-
surtax
-
-
-
-
total
-
-
-
5 919
Employee
38 606
-
601
-
surtax
2 366
-
-
-
income
3 729
-
-
-
pensions
3 088
-
1 941
-
health
1 718
-
1 080
-
total
10 901
-
3 021
-
Employer
38 606
-
601
-
health
1 177
-
740
-
accident
347
-
219
-
pensions
3 088
-
1 941
-
total
4 612
-
2 900
-
Corporate
-
3 500
-
-
surtax
-
37
-
-
income
-
525
-
-
communal
-
-
-
-
total
-
562
-
-
Dividends
-
2 938
-
-
income
-
103
-
-
withholding
-
441
-
-
total
-
544
-
-
Income
3 500
3 500
3 500
3 500
Total tax
15 513
1 106
5 921
5 919
After tax
-12 013
2 394
-2 421
-2 419
Living cost
27 704
27 704
27 704
27 704
Free-cash
-39 717
-25 310
-30 125
-30 123

Estimated living cost  is ₴27704 per week

₴20782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1678
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.
₴4949
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
-₴10675
-₴9249
-₴10219
-₴17282
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
other
-
-
-
-
health
-
-
-
484
income
-
-
-
308
pensions
-
-
-
1 361
surtax
-
-
-
-
unemployment
-
-
-
116
total
-
-
-
2 269
Employee
17 168
-
2 068
-
surtax
61
-
-
-
income
2 878
-
193
-
other
-
-
-
-
pensions
1 145
-
454
-
health
438
-
173
-
unemployment
1 195
-
473
-
total
5 717
-
1 293
-
Employer
17 168
-
2 068
-
other
-
-
-
-
unemployment
545
-
216
-
health
781
-
310
-
pensions
2 289
-
906
-
total
3 615
-
1 432
-
Corporate
-
3 500
-
-
income
-
910
-
-
total
-
910
-
-
Dividends
-
2 590
-
-
withholding
-
389
-
-
total
-
389
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 332
1 299
2 725
2 269
After tax
-5 832
2 201
775
1 231
Living cost
11 450
11 450
11 450
11 450
Free-cash
-17 282
-9 249
-10 675
-10 219

Estimated living cost  is ₴11450 per week

₴6913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3277
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
-₴15413
-₴11893
-₴14184
-₴24780
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
-
-
-
3 951
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
3 951
Employee
28 279
-
3 500
-
social contributions
9 536
-
5 180
-
municipal
150
-
-
-
national
4 480
-
-
-
regional
381
-
-
-
total
14 547
-
5 180
-
Employer
28 279
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
nationa
-
840
-
-
municipal
-
174
-
-
total
-
1 014
-
-
Dividends
-
2 486
-
-
withholding
-
646
-
-
total
-
646
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 547
1 660
5 180
3 951
After tax
-11 047
1 840
-1 680
-451
Living cost
13 733
13 733
13 733
13 733
Free-cash
-24 780
-11 893
-15 413
-14 184

Estimated living cost  is ₴13733 per week

₴8540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1391
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.
₴3566
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
-₴13692
-₴13058
-₴13763
-₴26982
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
-
-
-
472
income
-
-
-
301
solidarity contribution
-
-
-
-
total
-
-
-
1 795
Employee
22 747
-
2 612
-
social contributions
1 479
-
170
-
solidarity contribution
-
-
-
-
income
2 730
-
313
-
health
3 071
-
353
-
total
7 280
-
836
-
Employer
22 747
-
2 612
-
health
2 047
-
235
-
social contributions
5 687
-
653
-
total
7 734
-
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
15 014
1 090
1 724
1 795
After tax
-11 514
2 410
1 776
1 705
Living cost
15 468
15 468
15 468
15 468
Free-cash
-26 982
-13 058
-13 692
-13 763

Estimated living cost  is ₴15468 per week

₴11503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴2841
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
-₴19078
-₴24272
-₴17234
-₴25680
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
-
-
-
389
income
-
-
-
-
chamber of commerce
-
-
-
14
pensions
-
-
-
940
surtax
-
-
-
-
unemployment
-
-
-
3 127
total
-
-
-
4 470
Employee
22 284
20 316
20 316
-
income
1 985
1 499
2 387
-
other
223
203
51
-
pensions
2 282
2 080
520
-
health
862
787
196
-
unemployment
668
609
153
-
total
6 020
5 178
3 307
-
Employer
22 284
20 316
20 316
-
other
1 058
965
836
-
unemployment
668
609
153
-
health
843
768
193
-
surtax
-
-
-
-
accident
289
264
13
-
pensions
2 797
2 550
638
-
payroll
668
609
609
-
chamber of commerce
89
81
81
-
total
6 412
5 846
2 523
-
Corporate
1 935
1 935
1 935
-
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.

484
484
484
-
total
484
484
484
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
12 916
11 508
6 314
4 470
After tax
-9 416
-8 008
-2 814
-970
Living cost
16 264
16 264
16 264
16 264
Free-cash
-25 680
-24 272
-19 078
-17 234

Estimated living cost  is ₴16264 per week

₴9756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4557
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
-₴3878
-₴3353
-₴3213
-₴4848
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
8 348
-
3 500
-
income
1 670
-
700
-
total
1 670
-
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
1 670
175
700
35
After tax
1 830
3 325
2 800
3 465
Living cost
6 678
6 678
6 678
6 678
Free-cash
-4 848
-3 353
-3 878
-3 213

Estimated living cost  is ₴6678 per week

₴4519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1655
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
-₴11690
-₴11265
-₴11563
-₴22553
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
-
-
-
344
income
-
-
-
401
pensions
-
-
-
639
unemployment
-
-
-
5
total
-
-
-
1 389
Employee

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

22 543
-
3 029
-
income
3 887
-
377
-
pensions
3 494
-
469
-
health
1 456
-
195
-
unemployment
32
-
4
-
total
8 869
-
1 045
-
Employer

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

22 543
-
3 029
-
unemployment
14
-
2
-
health
1 501
-
201
-
pensions
1 995
-
268
-
total
3 510
-
471
-
Corporate
-
3 500
-
-
income
-
665
-
-
total
-
665
-
-
Dividends
-
2 835
-
-
withholding
-
426
-
-
total
-
426
-
-
Income
3 500
3 500
3 500
3 500
Total tax
12 379
1 091
1 516
1 389
After tax
-8 879
2 409
1 984
2 111
Living cost
13 674
13 674
13 674
13 674
Free-cash
-22 553
-11 265
-11 690
-11 563

Estimated living cost  is ₴13674 per week

₴9384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴3149
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
-₴26576
-₴20920
-₴20738
-₴76149
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
-
-
-
537
income
-
-
-
652
total
-
-
-
1 189
Employee
33 050
-
-
-
social contributions
2 710
-
386
-
income
7 290
-
-
-
total
10 000
-
386
-
Employer
33 050
-
-
-
social contributions
46 600
-
6 641
-
total
46 600
-
6 641
-
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
56 600
1 371
7 027
1 189
After tax
-53 100
2 129
-3 527
2 311
Living cost
23 050
23 050
23 050
23 050
Free-cash
-76 149
-20 920
-26 576
-20 738

Estimated living cost  is ₴23050 per week

₴14955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5632
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
-₴13838
-₴13999
-₴13910
-₴25514
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.

-
-
-
1 216
income
-
-
-
204
surtax
-
-
-
-
total
-
-
-
1 420
Employee
23 446
-
2 829
-
surtax
-
-
-
-
social contributions
2 579
-
312
-
income
4 877
-
365
-
total
7 456
-
677
-
Employer
23 446
-
2 829
-
social contributions
5 568
-
671
-
total
5 568
-
671
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
735
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
774
-
-
total
-
774
-
-
Income
3 500
3 500
3 500
3 500
Total tax
13 024
1 509
1 348
1 420
After tax
-9 524
1 991
2 152
2 080
Living cost
15 990
15 990
15 990
15 990
Free-cash
-25 514
-13 999
-13 838
-13 910

Estimated living cost  is ₴15990 per week

₴11964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴943
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.
₴2816
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
-₴22333
-₴22857
-₴23369
-₴38400
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
other
-
-
-
108
social contributions
-
-
-
100
health
-
-
-
135
income
-
-
-
-
pensions
-
-
-
1 904
surtax
-
-
-
-
total
-
-
-
2 247
Employee
31 929
-
2 667
-
surtax
-
-
-
-
social contributions
909
-
76
-
income
2 786
-
-
-
pensions
3 611
-
302
-
total
7 306
-
378
-
Employer
31 929
-
2 667
-
other
1 102
-
92
-
unemployment
1 293
-
108
-
health
2 235
-
187
-
pensions
5 246
-
438
-
social contributions
96
-
8
-
total
9 972
-
833
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
980
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
social contributions
-
433
-
-
surtax
-
-
-
-
withholding
-
322
-
-
total
-
755
-
-
Income
3 500
3 500
3 500
3 500
Total tax
17 278
1 735
1 211
2 247
After tax
-13 778
1 765
2 289
1 253
Living cost
24 622
24 622
24 622
24 622
Free-cash
-38 400
-22 857
-22 333
-23 369

Estimated living cost  is ₴24622 per week

₴16664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴338
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.
₴5606
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
-₴12490
-₴12174
-₴12594
-₴15429
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
-
-
-
-
social contributions
-
-
-
770
total
-
-
-
770
Employee
16 389
-
3 031
-
income
-
-
-
-
social contributions
1 065
-
197
-
total
1 065
-
197
-
Employer
16 389
-
3 031
-
social contributions
2 540
-
469
-
total
2 540
-
469
-
Corporate
-
3 500
-
-
income
-
350
-
-
total
-
350
-
-
Dividends
-
3 150
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 605
350
666
770
After tax
-105
3 150
2 834
2 730
Living cost
15 324
15 324
15 324
15 324
Free-cash
-15 429
-12 174
-12 490
-12 594

Estimated living cost  is ₴15324 per week

₴9908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1155
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.
₴3972
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
-₴107433
-₴107433
-₴21707
-₴107433
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
labour market
-
-
-
245
pensions
-
-
-
441
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
686
Employee
103 495
103 495
103 495
-
labour market
8 268
8 268
8 268
-
municipal
22 039
22 039
22 039
-
national
12 644
12 644
12 644
-
pensions
147
147
147
-
total
43 098
43 098
43 098
-
Employer
103 495
103 495
103 495
-
national
12 666
12 666
12 666
-
labour market
8 280
8 280
8 280
-
pensions
294
294
294
-
municipal
22 074
22 074
22 074
-
total
43 314
43 314
43 314
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
86 412
86 412
86 412
686
After tax
-82 912
-82 912
-82 912
2 814
Living cost
24 521
24 521
24 521
24 521
Free-cash
-107 433
-107 433
-107 433
-21 707

Estimated living cost  is ₴24521 per week

₴16782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴377
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.
₴5192
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
-₴9245
-₴10811
-₴11159
-₴17508
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
other
-
-
-
190
health
-
-
-
1 116
accident
-
-
-
129
income
-
-
-
-
pensions
-
-
-
2 130
total
-
-
-
3 565
Employee
17 452
-
2 907
-
income
2 394
-
399
-
pensions
1 965
-
327
-
health
1 998
-
333
-
total
6 357
-
1 059
-
Employer
17 452
-
2 907
-
unemployment
428
-
71
-
accident
291
-
48
-
pensions
2 838
-
473
-
total
3 557
-
592
-
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
9 914
3 217
1 651
3 565
After tax
-6 414
283
1 849
-65
Living cost
11 094
11 094
11 094
11 094
Free-cash
-17 508
-10 811
-9 245
-11 159

Estimated living cost  is ₴11094 per week

₴8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

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
-₴17357
-₴17150
-₴16702
-₴28380
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
-
-
-
-
national
-
-
-
-
municipal
-
-
-
630
total
-
-
-
630
Employee
26 821
-
2 945
-
municipal
4 393
-
487
-
national
443
-
-
-
pensions
1 810
-
198
-
health
200
-
-
-
unemployment
402
-
45
-
total
7 248
-
730
-
Employer
26 821
-
2 945
-
unemployment
174
-
19
-
health
206
-
22
-
accident
27
-
3
-
pensions
4 653
-
511
-
total
5 060
-
555
-
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
12 308
1 078
1 285
630
After tax
-8 808
2 422
2 215
2 870
Living cost
19 572
19 572
19 572
19 572
Free-cash
-28 380
-17 150
-17 357
-16 702

Estimated living cost  is ₴19572 per week

₴12784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1883
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.
₴4594
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
-₴15374
-₴19831
-₴11820
-₴16169
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
-
-
-
19 380
social contributions
-
-
-
3 023
health
-
-
-
494
income
-
-
-
-
total
-
-
-
3 517
Employee
39 200
39 200
39 200
-
social contributions
1 482
3 253
1 097
-
income
4 268
3 629
4 408
-
health
304
667
224
-
total
6 054
7 549
5 729
-
Employer
39 200
39 200
39 200
-
health
330
726
245
-
social contributions
1 482
3 253
1 097
-
total
1 812
3 979
1 342
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 866
11 528
7 071
3 517
After tax
-4 366
-8 028
-3 571
-17
Living cost
11 803
11 803
11 803
11 803
Free-cash
-16 169
-19 831
-15 374
-11 820

Estimated living cost  is ₴11803 per week

₴7074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1158
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.
₴3311
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
-₴7683
-₴5195
-₴9697
-₴9406
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
-
-
-
1 845
income
-
-
-
-
pensions
-
-
-
3 243
unemployment
-
-
-
15
total
-
-
-
5 103
Employee

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

11 701
-
2 585
-
income
800
-
41
-
pensions
1 755
-
1 332
-
health
995
-
755
-
unemployment
58
-
45
-
total
3 608
-
2 173
-
Employer

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

11 701
-
2 585
-
unemployment
58
-
45
-
health
503
-
382
-
pensions
643
-
489
-
total
1 204
-
916
-
Corporate
-
3 500
-
-
income
-
315
-
-
total
-
315
-
-
Dividends
-
3 185
-
-
withholding
-
286
-
-
total
-
286
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 812
601
3 089
5 103
After tax
-1 312
2 899
411
-1 603
Living cost
8 094
8 094
8 094
8 094
Free-cash
-9 406
-5 195
-7 683
-9 697

Estimated living cost  is ₴8094 per week

₴5164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2105
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
-₴17027
-₴11609
-₴13849
-₴21358
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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
41
pensions
-
-
-
3 103
unemployment
-
-
-
76
total
-
-
-
3 330
Employee
18 850
-
-
-
income
3 634
-
-
-
other
18
-
17
-
pensions
886
-
800
-
unemployment
292
-
264
-
total
4 830
-
1 081
-
Employer
18 850
-
-
-
other
151
-
136
-
unemployment
1 037
-
936
-
accident
373
-
337
-
pensions
4 448
-
4 018
-
total
6 009
-
5 427
-
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
10 839
1 090
6 508
3 330
After tax
-7 339
2 410
-3 008
170
Living cost
14 019
14 019
14 019
14 019
Free-cash
-21 358
-11 609
-17 027
-13 849

Estimated living cost  is ₴14019 per week

₴9462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1348
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.
₴2963
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
₴847
₴1233
₴765
₴1078
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
-
-
-
503
income
-
-
-
587
pensions
-
-
-
694
total
-
-
-
1 784
Employee
1 449
-
2 857
-
income
280
-
631
-
pensions
130
-
257
-
health
72
-
143
-
unemployment
14
-
29
-
total
496
-
1 060
-
Employer
1 449
-
2 857
-
unemployment
29
-
57
-
health
138
-
271
-
pensions
159
-
314
-
total
326
-
642
-
Corporate
1 725
3 500
-
-
income
380
770
-
-
total
380
770
-
-
Dividends
1 346
2 730
-
-
withholding
269
546
-
-
total
269
546
-
-
Income
3 500
3 500
3 500
3 500
Total tax
1 471
1 316
1 702
1 784
After tax
2 029
2 184
1 798
1 716
Living cost
951
951
951
951
Free-cash
1 078
1 233
847
765

Estimated living cost  is ₴951 per week

₴565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
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.
₴287
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
-₴6506
-₴6268
-₴6687
-₴12139
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
-
-
-
361
income
-
-
-
66
pensions
-
-
-
910
unemployment
-
-
-
53
total
-
-
-
1 390
Employee

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

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

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

13 266
-
2 969
-
income
1 829
-
87
-
pensions
1 857
-
416
-
health
683
-
153
-
unemployment
99
-
22
-
total
4 468
-
678
-
Employer

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

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

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

13 266
-
2 969
-
unemployment
99
-
22
-
health
683
-
153
-
pensions
1 592
-
356
-
total
2 374
-
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
6 842
971
1 209
1 390
After tax
-3 342
2 529
2 291
2 110
Living cost
8 797
8 797
8 797
8 797
Free-cash
-12 139
-6 268
-6 506
-6 687

Estimated living cost  is ₴8797 per week

₴5923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴680
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.
₴1939
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
-₴11592
-₴11753
-₴11664
-₴20986
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.

-
-
-
1 216
income
-
-
-
204
surtax
-
-
-
-
total
-
-
-
1 420
Employee
19 786
-
2 829
-
surtax
-
-
-
-
social contributions
2 177
-
312
-
income
3 866
-
365
-
total
6 043
-
677
-
Employer
19 786
-
2 829
-
social contributions
4 699
-
671
-
total
4 699
-
671
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
735
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
774
-
-
total
-
774
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 742
1 509
1 348
1 420
After tax
-7 242
1 991
2 152
2 080
Living cost
13 744
13 744
13 744
13 744
Free-cash
-20 986
-11 753
-11 592
-11 664

Estimated living cost  is ₴13744 per week

₴9734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
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
-₴20924
-₴15506
-₴17746
-₴28969
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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
41
pensions
-
-
-
3 103
unemployment
-
-
-
76
total
-
-
-
3 330
Employee
24 620
-
-
-
income
5 142
-
-
-
other
24
-
17
-
pensions
1 157
-
800
-
unemployment
381
-
264
-
total
6 704
-
1 081
-
Employer
24 620
-
-
-
other
197
-
136
-
unemployment
1 354
-
936
-
accident
488
-
337
-
pensions
5 810
-
4 018
-
total
7 849
-
5 427
-
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
14 553
1 090
6 508
3 330
After tax
-11 053
2 410
-3 008
170
Living cost
17 916
17 916
17 916
17 916
Free-cash
-28 969
-15 506
-20 924
-17 746

Estimated living cost  is ₴17916 per week

₴12867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3404
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
-₴6674
-₴5764
-₴6716
-₴10369
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
11 595
-
2 849
-
income
1 160
-
285
-
accident

We are using the highest rate at 1.1%.

127
-
37
-
pensions

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

1 018
-
291
-
health
533
-
153
-
total
2 838
-
766
-
Employer
11 595
-
2 849
-
unemployment
70
-
20
-
health
800
-
229
-
accident

We are using the highest rate at 1.1%.

127
-
37
-
pensions

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

1 278
-
366
-
total
2 275
-
652
-
Corporate
-
3 500
-
-
income
-
350
-
-
total
-
350
-
-
Dividends
-
3 150
-
-
withholding
-
158
-
-
total
-
158
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 113
508
1 418
1 460
After tax
-1 613
2 992
2 082
2 040
Living cost
8 756
8 756
8 756
8 756
Free-cash
-10 369
-5 764
-6 674
-6 716

Estimated living cost  is ₴8756 per week

₴5791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2255
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
-₴19664
-₴17738
-₴19664
-₴21866
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.

-
-
-
3 483
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 483
Employee

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

25 365
-
3 500
-
surtax

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

115
-
-
-
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.

2 086
-
-
-
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.

3 483
-
3 483
-
total
5 684
-
3 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
chamber of commerce
-
82
-
-
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
-
-
income
-
525
-
-
total
-
1 138
-
-
Dividends
-
2 361
-
-
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
-
397
-
-
total
-
419
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 684
1 557
3 483
3 483
After tax
-2 184
1 943
17
17
Living cost
19 682
19 682
19 682
19 682
Free-cash
-21 866
-17 738
-19 664
-19 664

Estimated living cost  is ₴19682 per week

₴13577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3701
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
-₴25540
-₴26589
-₴25540
-₴36378
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
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
39 877
-
3 500
-
income
7 525
-
-
-
social contributions
3 313
-
-
-
total
10 838
-
-
-
Employer
39 877
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
437
-
-
total
-
437
-
-
Dividends
-
3 063
-
-
withholding
-
612
-
-
total
-
612
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 838
1 049
-
-
After tax
-7 338
2 451
3 500
3 500
Living cost
29 040
29 040
29 040
29 040
Free-cash
-36 378
-26 589
-25 540
-25 540

Estimated living cost  is ₴29040 per week

₴22093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2366
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.
₴4303
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
-₴16777
-₴17752
-₴32692
-₴23751
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
-
-
-
14 511
health

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

-
-
-
3 176
total
-
-
-
17 687
Employee
23 386
-
2 614
-
income
2 538
-
-
-
social contributions
2 343
-
886
-
total
4 881
-
886
-
Employer
23 386
-
2 614
-
social contributions
2 343
-
886
-
total
2 343
-
886
-
Corporate
-
3 500
-
-
income
-
1 225
-
-
total
-
1 225
-
-
Dividends
-
2 275
-
-
social contributions
1 522
1 522
-
-
total
1 522
1 522
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 746
2 747
1 772
17 687
After tax
-5 246
753
1 728
-14 187
Living cost
18 505
18 505
18 505
18 505
Free-cash
-23 751
-17 752
-16 777
-32 692

Estimated living cost  is ₴18505 per week

₴12189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4573
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
-₴16018
-₴16144
-₴15966
-₴25351
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
25 759
-
3 434
-
income
4 691
-
686
-
health
336
-
-
-
pensions
1 966
-
-
-
total
6 993
-
686
-
Employer
25 759
-
3 434
-
health
490
-
66
-
pensions
2 602
-
-
-
total
3 092
-
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
10 085
878
752
700
After tax
-6 585
2 622
2 748
2 800
Living cost
18 766
18 766
18 766
18 766
Free-cash
-25 351
-16 144
-16 018
-15 966

Estimated living cost  is ₴18766 per week

₴12873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1726
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.
₴3931
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
-₴10344
-₴11910
-₴12258
-₴19588
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
other
-
-
-
190
health
-
-
-
1 116
accident
-
-
-
129
income
-
-
-
-
pensions
-
-
-
2 130
total
-
-
-
3 565
Employee
19 180
-
2 907
-
income
2 631
-
399
-
pensions
2 160
-
327
-
health
2 196
-
333
-
total
6 987
-
1 059
-
Employer
19 180
-
2 907
-
unemployment
470
-
71
-
accident
320
-
48
-
pensions
3 118
-
473
-
total
3 908
-
592
-
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
10 895
3 217
1 651
3 565
After tax
-7 395
283
1 849
-65
Living cost
12 193
12 193
12 193
12 193
Free-cash
-19 588
-11 910
-10 344
-12 258

Estimated living cost  is ₴12193 per week

₴8948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
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.
₴2288
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
-₴4689
-₴3901
-₴4689
-₴7501
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
work injury
-
-
-
18
pensions
-
-
-
644
unemployment
-
-
-
42
total
-
-
-
1 313
Employee

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

11 001
-
3 500
-
income
1 100
-
350
-
work injury
55
-
18
-
health insurance
814
-
259
-
pensions
2 024
-
644
-
unemployment
132
-
42
-
total
4 125
-
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
4 125
525
1 313
1 313
After tax
-625
2 975
2 187
2 187
Living cost
6 876
6 876
6 876
6 876
Free-cash
-7 501
-3 901
-4 689
-4 689

Estimated living cost  is ₴6876 per week

₴4260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1902
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
-₴21989
-₴18465
-₴20760
-₴39458
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
-
-
-
3 951
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
3 951
Employee
42 958
-
3 500
-
social contributions
14 485
-
5 180
-
municipal
256
-
-
-
national
7 259
-
-
-
regional
649
-
-
-
total
22 649
-
5 180
-
Employer
42 958
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
nationa
-
840
-
-
municipal
-
168
-
-
total
-
1 008
-
-
Dividends
-
2 492
-
-
withholding
-
648
-
-
total
-
648
-
-
Income
3 500
3 500
3 500
3 500
Total tax
22 649
1 656
5 180
3 951
After tax
-19 149
1 844
-1 680
-451
Living cost
20 309
20 309
20 309
20 309
Free-cash
-39 458
-18 465
-21 989
-20 760

Estimated living cost  is ₴20309 per week

₴14266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1397
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.
₴4339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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[[ place.name ]], [[ place.country ]]

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

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