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
-₴11130
-₴12933
-₴12449
-₴12449
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
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

16 434
-
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.

2 935
-
2 935
-
surtax

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

25
-
-
-
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.

459
-
-
-
total
3 419
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
29
-
-
income
-
525
-
-
trade
-
551
-
-
chamber of commerce
-
70
-
-
total
-
1 175
-
-
Dividends
-
2 325
-
-
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.

-
23
-
-
withholding
-
418
-
-
total
-
441
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 419
1 616
2 935
2 935
After tax
81
1 884
565
565
Living cost
13 014
13 014
13 014
13 014
Free-cash
-12 933
-11 130
-12 449
-12 449

Estimated living cost  is ₴13014 per week

₴8186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3067
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
-₴19495
-₴33155
-₴18637
-₴18575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
municipal
-
-
-
-
pensions
-
-
-
420
national
-
-
-
-
social contributions
-
-
-
38
total
-
-
-
458
Employee
33 606
-
3 026
-
municipal
4 151
-
-
-
pensions
1 344
-
121
-
national
6 432
-
-
-
total
11 927
-
121
-
Employer
33 606
-
3 026
-
social contributions
361
-
33
-
pensions
2 688
-
242
-
total
3 049
-
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
14 976
1 316
396
458
After tax
-11 476
2 184
3 104
3 042
Living cost
21 679
21 679
21 679
21 679
Free-cash
-33 155
-19 495
-18 575
-18 637

Estimated living cost  is ₴21679 per week

₴14735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2015
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.
₴4604
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
-₴6139
-₴12079
-₴7317
-₴7320
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
microenterprise
-
-
-
525
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 353
total
-
-
-
1 878
Employee
12 555
-
2 486
-
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.

1 381
-
463
-
surtax
-
-
-
-
income
2 235
-
404
-
total
3 616
-
867
-
Employer
12 555
-
2 486
-
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.

3 024
-
1 014
-
surtax
-
-
-
-
total
3 024
-
1 014
-
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
6 640
700
1 881
1 878
After tax
-3 140
2 800
1 619
1 622
Living cost
8 939
8 939
8 939
8 939
Free-cash
-12 079
-6 139
-7 320
-7 317

Estimated living cost  is ₴8939 per week

₴5703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴2182
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
-₴36756
-₴39169
-₴15981
-₴39169
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
-
-
-
315
pensions
-
-
-
629
health
-
-
-
537
total
-
-
-
1 481
Employee
36 692
36 692
36 692
-
health
5 632
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
6 605
5 034
6 605
-
total
18 243
15 830
18 243
-
Employer
36 692
36 692
36 692
-
unemployment
1 321
1 321
1 321
-
pensions
2 554
2 554
2 554
-
health
2 551
2 551
2 551
-
total
6 426
6 426
6 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
24 669
22 256
24 669
1 481
After tax
-21 169
-18 756
-21 169
2 019
Living cost
18 000
18 000
18 000
18 000
Free-cash
-39 169
-36 756
-39 169
-15 981

Estimated living cost  is ₴18000 per week

₴12756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3335
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
-₴14756
-₴27712
-₴14922
-₴14797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
municipal
-
-
-
741
accident
-
-
-
7
pensions
-
-
-
378
other
-
-
-
407
unemployment
-
-
-
4
health
-
-
-
218
national
-
-
-
-
total
-
-
-
1 755
Employee
23 748
-
2 663
-
municipal
7 082
-
794
-
national
-
-
-
-
total
7 082
-
794
-
Employer
23 748
-
2 663
-
accident
48
-
5
-
other
2 760
-
309
-
unemployment
627
-
70
-
pensions
2 567
-
288
-
health
1 461
-
164
-
total
7 463
-
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
14 545
1 589
1 630
1 755
After tax
-11 045
1 911
1 870
1 745
Living cost
16 667
16 667
16 667
16 667
Free-cash
-27 712
-14 756
-14 797
-14 922

Estimated living cost  is ₴16667 per week

₴11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3732
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
-₴15014
-₴18289
-₴16314
-₴16314
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
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

21 790
-
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.

2 935
-
2 935
-
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.

103
-
-
-
income

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

1 872
-
-
-
total
4 910
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
29
-
-
income
-
525
-
-
trade
-
576
-
-
chamber of commerce
-
70
-
-
total
-
1 200
-
-
Dividends
-
2 301
-
-
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.

-
23
-
-
withholding
-
412
-
-
total
-
435
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 910
1 635
2 935
2 935
After tax
-1 410
1 865
565
565
Living cost
16 879
16 879
16 879
16 879
Free-cash
-18 289
-15 014
-16 314
-16 314

Estimated living cost  is ₴16879 per week

₴11289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1780
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.
₴3558
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
-₴20153
-₴17802
-₴13401
-₴16396
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
-
-
-
16 334
income
-
-
-
-
health
-
-
-
417
social contributions
-
-
-
2 548
total
-
-
-
2 965
Employee
33 040
33 040
33 040
-
social contributions
1 605
2 742
925
-
health
329
562
189
-
income
3 469
3 059
3 715
-
total
5 403
6 363
4 829
-
Employer
33 040
33 040
33 040
-
social contributions
1 605
2 742
925
-
health
358
612
206
-
total
1 963
3 354
1 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 366
9 717
5 960
2 965
After tax
-3 866
-6 217
-2 460
535
Living cost
13 936
13 936
13 936
13 936
Free-cash
-17 802
-20 153
-16 396
-13 401

Estimated living cost  is ₴13936 per week

₴9527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3087
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
-₴6547
-₴9950
-₴5373
-₴6181
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
-
-
-
428
pensions
-
-
-
350
unemployment
-
-
-
53
health
-
-
-
245
total
-
-
-
1 076
Employee

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

The minimum wage is 138,000 HUF per month.

11 255
4 479
4 479
-
health
788
314
241
-
income
1 376
548
576
-
pensions
1 125
448
344
-
unemployment
169
67
52
-
total
3 458
1 377
1 213
-
Employer

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

The minimum wage is 138,000 HUF per month.

11 255
4 479
4 479
-
pensions
2 195
873
671
-
total
2 195
873
671
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 653
2 250
1 884
1 076
After tax
-2 153
1 250
1 616
2 424
Living cost
7 797
7 797
7 797
7 797
Free-cash
-9 950
-6 547
-6 181
-5 373

Estimated living cost  is ₴7797 per week

₴5320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1682
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
-₴7578
-₴12809
-₴8492
-₴8707
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
-
-
-
-
pensions
-
-
-
978
health
-
-
-
636
total
-
-
-
1 614
Employee
12 189
-
1 846
-
income
1 372
-
-
-
pensions
244
-
98
-
unemployment
195
-
78
-
total
1 811
-
176
-
Employer
12 189
-
1 846
-
unemployment
98
-
39
-
pensions
2 438
-
978
-
health
1 584
-
636
-
total
4 120
-
1 653
-
Corporate
-
3 500
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
2 800
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 931
700
1 829
1 614
After tax
-2 431
2 800
1 671
1 886
Living cost
10 378
10 378
10 378
10 378
Free-cash
-12 809
-7 578
-8 707
-8 492

Estimated living cost  is ₴10378 per week

₴7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2433
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
-₴9145
-₴14355
-₴9005
-₴7581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
accident
-
-
-
108
income
-
-
-
91
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
3 076
Employee
14 833
-
2 907
-
health
1 698
-
333
-
income
2 035
-
399
-
pensions
1 670
-
327
-
total
5 403
-
1 059
-
Employer
14 833
-
2 907
-
accident
248
-
49
-
unemployment
363
-
71
-
pensions
2 412
-
473
-
total
3 023
-
593
-
Corporate
-
3 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
3 150
-
-
total
-
3 150
-
-
Dividends
-
350
-
-
withholding
-
66
-
-
total
-
66
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 426
3 216
1 652
3 076
After tax
-4 926
284
1 848
424
Living cost
9 429
9 429
9 429
9 429
Free-cash
-14 355
-9 145
-7 581
-9 005

Estimated living cost  is ₴9429 per week

₴6911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
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.
₴1799
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
-₴568
-₴1366
-₴428
-₴1093
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
4 866
-
3 500
-
income
973
-
700
-
total
973
-
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
973
175
700
35
After tax
2 527
3 325
2 800
3 465
Living cost
3 893
3 893
3 893
3 893
Free-cash
-1 366
-568
-1 093
-428

Estimated living cost  is ₴3893 per week

₴2412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴107
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.
₴1050
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
-₴8877
-₴16034
-₴9867
-₴9451
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
-
-
-
371
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.

-
-
-
1 120
other
-
-
-
222
health
-
-
-
205
total
-
-
-
1 918
Employee
15 601
-
2 722
-
health
219
-
38
-
income
2 686
-
469
-
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.

1 092
-
191
-
unemployment
156
-
27
-
total
4 153
-
725
-
Employer
15 601
-
2 722
-
accident
125
-
22
-
other
780
-
228
-
unemployment
156
-
27
-
pensions

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

2 652
-
462
-
health
219
-
38
-
total
3 932
-
777
-
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
8 085
928
1 502
1 918
After tax
-4 585
2 572
1 998
1 582
Living cost
11 449
11 449
11 449
11 449
Free-cash
-16 034
-8 877
-9 451
-9 867

Estimated living cost  is ₴11449 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2402
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
-₴26078
-₴42671
-₴25900
-₴25952
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
40 606
-
3 435
-
health
669
-
-
-
income
7 320
-
687
-
pensions
3 917
-
-
-
total
11 906
-
687
-
Employer
40 606
-
3 435
-
pensions
4 794
-
-
-
health
771
-
65
-
total
5 565
-
65
-
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
17 471
878
752
700
After tax
-13 971
2 622
2 748
2 800
Living cost
28 700
28 700
28 700
28 700
Free-cash
-42 671
-26 078
-25 952
-25 900

Estimated living cost  is ₴28700 per week

₴21505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3589
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
-₴2641
-₴5423
-₴3593
-₴3425
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
-
-
-
525
pensions

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

-
-
-
518
unemployment
-
-
-
14
health
-
-
-
403
total
-
-
-
1 460
Employee
7 458
-
2 926
-
health
343
-
135
-
accident

We are using the highest rate at 1.1%.

82
-
32
-
income
746
-
293
-
pensions

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

655
-
257
-
total
1 826
-
717
-
Employer
7 458
-
2 926
-
accident

We are using the highest rate at 1.1%.

82
-
32
-
unemployment
45
-
18
-
pensions

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

822
-
323
-
health
515
-
202
-
total
1 464
-
575
-
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
3 290
508
1 292
1 460
After tax
210
2 992
2 208
2 040
Living cost
5 633
5 633
5 633
5 633
Free-cash
-5 423
-2 641
-3 425
-3 593

Estimated living cost  is ₴5633 per week

₴3288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1793
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
-₴42582
-₴43310
-₴21807
-₴44995
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
-
-
-
315
pensions
-
-
-
629
health
-
-
-
537
total
-
-
-
1 481
Employee
39 836
36 692
36 692
-
health
4 970
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
5 034
5 034
6 605
-
total
16 010
15 830
18 243
-
Employer
39 836
36 692
36 692
-
unemployment
1 434
1 321
1 321
-
pensions
2 772
2 554
2 554
-
health
2 768
2 551
2 551
-
total
6 974
6 426
6 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
22 984
22 256
24 669
1 481
After tax
-19 484
-18 756
-21 169
2 019
Living cost
23 826
23 826
23 826
23 826
Free-cash
-43 310
-42 582
-44 995
-21 807

Estimated living cost  is ₴23826 per week

₴17576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3849
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
-₴7865
-₴16747
-₴8571
-₴8499
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
-
-
-
301
health
-
-
-
473
solidarity contribution
-
-
-
-
social contributions
-
-
-
1 022
total
-
-
-
1 796
Employee
15 110
-
2 612
-
social contributions
982
-
170
-
health
2 040
-
353
-
solidarity contribution
-
-
-
-
income
1 813
-
313
-
total
4 835
-
836
-
Employer
15 110
-
2 612
-
social contributions
3 777
-
653
-
health
1 360
-
235
-
total
5 137
-
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
9 972
1 090
1 724
1 796
After tax
-6 472
2 410
1 776
1 704
Living cost
10 275
10 275
10 275
10 275
Free-cash
-16 747
-7 865
-8 499
-8 571

Estimated living cost  is ₴10275 per week

₴7137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
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
-₴16263
-₴34687
-₴18004
-₴18997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
municipal
-
-
-
2
regional
-
-
-
2
national
-
-
-
39
social contributions
-
-
-
3 330
total
-
-
-
3 373
Employee
38 187
-
3 500
-
social contributions
12 877
-
4 366
-
regional
360
-
-
-
municipal
202
-
-
-
national
6 617
-
-
-
total
20 056
-
4 366
-
Employer
38 187
-
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
20 056
1 632
4 366
3 373
After tax
-16 556
1 868
-866
127
Living cost
18 131
18 131
18 131
18 131
Free-cash
-34 687
-16 263
-18 997
-18 004

Estimated living cost  is ₴18131 per week

₴12638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1189
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.
₴4025
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
-₴7279
-₴13699
-₴8003
-₴8388
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
-
-
-
369
pensions
-
-
-
1 147
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
408
surtax
-
-
-
-
total
-
-
-
2 022
Employee
14 209
-
2 293
-
other
-
-
-
-
health
363
-
146
-
surtax
46
-
-
-
income
2 382
-
273
-
pensions
947
-
382
-
unemployment
989
-
399
-
total
4 727
-
1 200
-
Employer
14 209
-
2 293
-
other
-
-
-
-
unemployment
450
-
182
-
pensions
1 894
-
764
-
health
647
-
261
-
total
2 991
-
1 207
-
Corporate
-
3 500
-
-
income
-
910
-
-
total
-
910
-
-
Dividends
-
2 590
-
-
withholding
-
388
-
-
total
-
388
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 718
1 298
2 407
2 022
After tax
-4 218
2 202
1 093
1 478
Living cost
9 481
9 481
9 481
9 481
Free-cash
-13 699
-7 279
-8 388
-8 003

Estimated living cost  is ₴9481 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
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.
₴2590
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
-₴16985
-₴27176
-₴16807
-₴16859
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
27 213
-
3 435
-
health
395
-
-
-
income
4 901
-
687
-
pensions
2 310
-
-
-
total
7 606
-
687
-
Employer
27 213
-
3 435
-
pensions
2 946
-
-
-
health
517
-
65
-
total
3 463
-
65
-
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
11 069
878
752
700
After tax
-7 569
2 622
2 748
2 800
Living cost
19 607
19 607
19 607
19 607
Free-cash
-27 176
-16 985
-16 859
-16 807

Estimated living cost  is ₴19607 per week

₴14689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3243
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
-₴31077
-₴38384
-₴29712
-₴30961
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
city
-
-
-
36
pensions
-
-
-
321
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
70
regional
-
-
-
-
health
-
-
-
107
national
-
-
-
-
total
-
-
-
534
Employee
38 242
-
2 564
-
city
410
-
20
-
regional
1 252
-
-
-
health
86
-
6
-
pensions
3 213
-
850
-
unemployment
-
-
-
-
national
181
-
-
-
total
5 142
-
876
-
Employer
38 242
-
2 564
-
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.

765
-
51
-
unemployment
-
-
-
-
pensions
3 213
-
850
-
health
86
-
6
-
total
4 064
-
907
-
Corporate
-
3 500
-
-
regional
-
740
-
-
national
-
297
-
-
total
-
1 037
-
-
Dividends
-
2 463
-
-
withholding
-
862
-
-
total
-
862
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 206
1 899
1 783
534
After tax
-5 706
1 601
1 717
2 966
Living cost
32 678
32 678
32 678
32 678
Free-cash
-38 384
-31 077
-30 961
-29 712

Estimated living cost  is ₴32678 per week

₴21250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
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.
₴8094
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
-₴17836
-₴22322
-₴19119
-₴19119
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
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

25 823
-
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.

2 935
-
2 935
-
surtax

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

167
-
-
-
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.

3 036
-
-
-
total
6 138
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
29
-
-
income
-
525
-
-
trade
-
600
-
-
chamber of commerce
-
70
-
-
total
-
1 224
-
-
Dividends
-
2 276
-
-
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
-
406
-
-
total
-
428
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 138
1 652
2 935
2 935
After tax
-2 638
1 848
565
565
Living cost
19 684
19 684
19 684
19 684
Free-cash
-22 322
-17 836
-19 119
-19 119

Estimated living cost  is ₴19684 per week

₴14376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3478
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
-₴12937
-₴20630
-₴13165
-₴12412
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
-
-
-
-
pensions
-
-
-
1 643
other
-
-
-
108
health
-
-
-
114
surtax
-
-
-
-
social contributions
-
-
-
99
total
-
-
-
1 964
Employee
18 389
-
2 667
-
social contributions
524
-
76
-
surtax
-
-
-
-
income
1 085
-
-
-
pensions
2 079
-
302
-
total
3 688
-
378
-
Employer
18 389
-
2 667
-
other
634
-
92
-
social contributions
55
-
8
-
unemployment
744
-
108
-
pensions
3 021
-
438
-
health
1 287
-
187
-
total
5 741
-
833
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
980
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
surtax
-
-
-
-
social contributions
-
433
-
-
withholding
-
323
-
-
total
-
756
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 429
1 736
1 211
1 964
After tax
-5 929
1 764
2 289
1 536
Living cost
14 701
14 701
14 701
14 701
Free-cash
-20 630
-12 937
-12 412
-13 165

Estimated living cost  is ₴14701 per week

₴9269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3986
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
-₴11480
-₴18042
-₴11708
-₴10955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
income
-
-
-
-
pensions
-
-
-
1 643
other
-
-
-
108
health
-
-
-
114
surtax
-
-
-
-
social contributions
-
-
-
99
total
-
-
-
1 964
Employee
16 415
-
2 667
-
social contributions
468
-
76
-
surtax
-
-
-
-
income
846
-
-
-
pensions
1 857
-
302
-
total
3 171
-
378
-
Employer
16 415
-
2 667
-
other
567
-
92
-
social contributions
49
-
8
-
unemployment
665
-
108
-
pensions
2 697
-
438
-
health
1 149
-
187
-
total
5 127
-
833
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
980
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
surtax
-
-
-
-
social contributions
-
433
-
-
withholding
-
323
-
-
total
-
756
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 298
1 736
1 211
1 964
After tax
-4 798
1 764
2 289
1 536
Living cost
13 244
13 244
13 244
13 244
Free-cash
-18 042
-11 480
-10 955
-11 708

Estimated living cost  is ₴13244 per week

₴7681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3967
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
-₴7413
-₴12197
-₴7264
-₴6852
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
-
-
-
525
health
-
-
-
379
social contributions
-
-
-
749
total
-
-
-
1 653
Employee
14 568
-
3 500
-
social contributions
2 011
-
749
-
health
1 017
-
379
-
income
2 430
-
113
-
total
5 458
-
1 241
-
Employer
14 568
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

-
175
-
-
total
-
175
-
-
Dividends
-
3 325
-
-
health
379
379
-
-
social contributions
749
749
-
-
withholding
-
499
-
-
total
1 128
1 627
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 586
1 802
1 241
1 653
After tax
-3 086
1 698
2 259
1 847
Living cost
9 111
9 111
9 111
9 111
Free-cash
-12 197
-7 413
-6 852
-7 264

Estimated living cost  is ₴9111 per week

₴6097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2241
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
-₴21425
-₴24645
-₴15495
-₴17053
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
chamber of commerce
-
-
-
14
income
-
-
-
-
pensions
-
-
-
793
unemployment
-
-
-
2 635
health
-
-
-
328
surtax
-
-
-
85
total
-
-
-
3 855
Employee
21 473
17 123
17 123
-
other
214
171
43
-
health
831
663
166
-
income
2 445
1 263
2 012
-
pensions
2 199
1 753
439
-
unemployment
644
514
129
-
total
6 333
4 364
2 789
-
Employer
21 473
17 123
17 123
-
accident
279
223
16
-
other
1 020
813
704
-
chamber of commerce
86
68
68
-
unemployment
644
514
129
-
surtax
85
85
85
-
pensions
2 695
2 149
538
-
payroll
644
514
514
-
health
811
647
162
-
total
6 264
5 013
2 216
-
Corporate
1 631
1 631
1 631
-
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.

408
408
408
-
total
408
408
408
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
13 005
9 785
5 413
3 855
After tax
-9 505
-6 285
-1 913
-355
Living cost
15 140
15 140
15 140
15 140
Free-cash
-24 645
-21 425
-17 053
-15 495

Estimated living cost  is ₴15140 per week

₴10098
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.
₴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.
₴3502
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
-₴13559
-₴36180
-₴14814
-₴14038
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
national
-
-
-
309
communal

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

-
-
-
74
social contributions
-
-
-
2 265
total
-
-
-
2 648
Employee

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

30 735
-
2 710
-
communal

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

1 603
-
141
-
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.

1 444
-
127
-
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.

2 305
-
203
-
unemployment

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

267
-
24
-
national
9 449
-
589
-
total
15 068
-
1 084
-
Employer

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

30 735
-
2 710
-
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.

400
-
35
-
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.

448
-
40
-
surtax
3 485
-
307
-
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.

2 723
-
240
-
health

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

1 890
-
166
-
total
8 946
-
788
-
Corporate
-
3 500
-
-
surtax
-
14
-
-
income
-
700
-
-
total
-
714
-
-
Dividends
-
2 787
-
-
withholding

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

-
679
-
-
total
-
679
-
-
Income
3 500
3 500
3 500
3 500
Total tax
24 014
1 393
1 872
2 648
After tax
-20 514
2 107
1 628
852
Living cost
15 666
15 666
15 666
15 666
Free-cash
-36 180
-13 559
-14 038
-14 814

Estimated living cost  is ₴15666 per week

₴10091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3960
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
-₴13107
-₴24705
-₴14927
-₴17503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
accident
-
-
-
83
income
-
-
-
139
pensions
-
-
-
2 615
other
-
-
-
9
unemployment
-
-
-
64
total
-
-
-
2 910
Employee
21 388
-
-
-
other
21
-
15
-
income
4 513
-
-
-
pensions
1 005
-
674
-
unemployment
332
-
223
-
total
5 871
-
912
-
Employer
21 388
-
-
-
accident
423
-
284
-
other
170
-
115
-
unemployment
1 177
-
789
-
pensions
5 047
-
3 386
-
total
6 817
-
4 574
-
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
12 688
1 090
5 486
2 910
After tax
-9 188
2 410
-1 986
590
Living cost
15 517
15 517
15 517
15 517
Free-cash
-24 705
-13 107
-17 503
-14 927

Estimated living cost  is ₴15517 per week

₴11427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2766
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
-₴20956
-₴32926
-₴24838
-₴24840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
accident
-
-
-
184
income
-
-
-
-
pensions
-
-
-
3 271
health
-
-
-
1 533
surtax
-
-
-
-
communal
-
-
-
-
total
-
-
-
4 988
Employee
32 539
-
1 056
-
health
1 448
-
910
-
surtax
1 994
-
-
-
income
3 143
-
-
-
pensions
2 603
-
1 636
-
total
9 188
-
2 546
-
Employer
32 539
-
1 056
-
accident
293
-
184
-
pensions
2 603
-
1 636
-
health
992
-
624
-
total
3 888
-
2 444
-
Corporate
-
3 500
-
-
surtax
-
37
-
-
communal
-
-
-
-
income
-
525
-
-
total
-
562
-
-
Dividends
-
2 938
-
-
income
-
103
-
-
withholding
-
441
-
-
total
-
544
-
-
Income
3 500
3 500
3 500
3 500
Total tax
13 076
1 106
4 990
4 988
After tax
-9 576
2 394
-1 490
-1 488
Living cost
23 350
23 350
23 350
23 350
Free-cash
-32 926
-20 956
-24 840
-24 838

Estimated living cost  is ₴23350 per week

₴17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
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.
₴4172
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
-₴7449
-₴14015
-₴8173
-₴8558
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
-
-
-
369
pensions
-
-
-
1 147
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
408
surtax
-
-
-
-
total
-
-
-
2 022
Employee
14 470
-
2 293
-
other
-
-
-
-
health
369
-
146
-
surtax
51
-
-
-
income
2 426
-
273
-
pensions
965
-
382
-
unemployment
1 007
-
399
-
total
4 818
-
1 200
-
Employer
14 470
-
2 293
-
other
-
-
-
-
unemployment
459
-
182
-
pensions
1 929
-
764
-
health
658
-
261
-
total
3 046
-
1 207
-
Corporate
-
3 500
-
-
income
-
910
-
-
total
-
910
-
-
Dividends
-
2 590
-
-
withholding
-
388
-
-
total
-
388
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 864
1 298
2 407
2 022
After tax
-4 364
2 202
1 093
1 478
Living cost
9 651
9 651
9 651
9 651
Free-cash
-14 015
-7 449
-8 558
-8 173

Estimated living cost  is ₴9651 per week

₴5827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
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.
₴2762
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
-₴9735
-₴20334
-₴11448
-₴12440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
municipal
-
-
-
2
regional
-
-
-
3
national
-
-
-
39
social contributions
-
-
-
3 330
total
-
-
-
3 374
Employee
23 835
-
3 500
-
social contributions
8 037
-
4 366
-
regional
321
-
-
-
municipal
126
-
-
-
national
3 776
-
-
-
total
12 260
-
4 366
-
Employer
23 835
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
nationa
-
840
-
-
municipal
-
174
-
-
total
-
1 014
-
-
Dividends
-
2 486
-
-
withholding
-
647
-
-
total
-
647
-
-
Income
3 500
3 500
3 500
3 500
Total tax
12 260
1 661
4 366
3 374
After tax
-8 760
1 839
-866
126
Living cost
11 574
11 574
11 574
11 574
Free-cash
-20 334
-9 735
-12 440
-11 448

Estimated living cost  is ₴11574 per week

₴7198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3006
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
-₴10251
-₴21450
-₴10957
-₴10885
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
-
-
-
301
health
-
-
-
473
solidarity contribution
-
-
-
-
social contributions
-
-
-
1 022
total
-
-
-
1 796
Employee
18 619
-
2 612
-
social contributions
1 210
-
170
-
health
2 514
-
353
-
solidarity contribution
-
-
-
-
income
2 234
-
313
-
total
5 958
-
836
-
Employer
18 619
-
2 612
-
social contributions
4 655
-
653
-
health
1 676
-
235
-
total
6 331
-
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
12 289
1 090
1 724
1 796
After tax
-8 789
2 410
1 776
1 704
Living cost
12 661
12 661
12 661
12 661
Free-cash
-21 450
-10 251
-10 885
-10 957

Estimated living cost  is ₴12661 per week

₴9416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
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.
₴2325
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
-₴19908
-₴21094
-₴13978
-₴15538
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
chamber of commerce
-
-
-
14
income
-
-
-
-
pensions
-
-
-
793
unemployment
-
-
-
2 635
health
-
-
-
328
surtax
-
-
-
-
total
-
-
-
3 770
Employee
18 782
17 123
17 123
-
other
188
171
43
-
health
727
663
166
-
income
1 673
1 263
2 012
-
pensions
1 923
1 753
439
-
unemployment
563
514
129
-
total
5 074
4 364
2 789
-
Employer
18 782
17 123
17 123
-
accident
244
223
18
-
other
892
813
704
-
chamber of commerce
75
68
68
-
unemployment
563
514
129
-
surtax
-
-
-
-
pensions
2 357
2 149
538
-
payroll
563
514
514
-
health
710
647
162
-
total
5 404
4 928
2 133
-
Corporate
1 631
1 631
1 631
-
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.

408
408
408
-
total
408
408
408
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 886
9 700
5 330
3 770
After tax
-7 386
-6 200
-1 830
-270
Living cost
13 708
13 708
13 708
13 708
Free-cash
-21 094
-19 908
-15 538
-13 978

Estimated living cost  is ₴13708 per week

₴8223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3840
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
-₴2741
-₴4083
-₴2601
-₴3266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
3 500
microenterprise

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

-
-
-
35
total
-
-
-
35
Employee
7 582
-
3 500
-
income
1 517
-
700
-
total
1 517
-
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
1 517
175
700
35
After tax
1 983
3 325
2 800
3 465
Living cost
6 066
6 066
6 066
6 066
Free-cash
-4 083
-2 741
-3 266
-2 601

Estimated living cost  is ₴6066 per week

₴4105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴1503
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
-₴9115
-₴18458
-₴9415
-₴9545
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
income
-
-
-
402
pensions
-
-
-
639
unemployment
-
-
-
5
health
-
-
-
344
total
-
-
-
1 390
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.

19 000
-
3 028
-
health
1 227
-
196
-
income
3 277
-
378
-
pensions
2 945
-
470
-
unemployment
27
-
4
-
total
7 476
-
1 048
-
Employer

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

19 000
-
3 028
-
unemployment
11
-
2
-
pensions
1 681
-
268
-
health
1 265
-
202
-
total
2 957
-
472
-
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
10 433
1 090
1 520
1 390
After tax
-6 933
2 410
1 980
2 110
Living cost
11 525
11 525
11 525
11 525
Free-cash
-18 458
-9 115
-9 545
-9 415

Estimated living cost  is ₴11525 per week

₴7909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2654
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
-₴16505
-₴60893
-₴16242
-₴20815
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
-
-
-
674
social contributions
-
-
-
434
total
-
-
-
1 108
Employee
26 719
-
-
-
social contributions
2 191
-
312
-
income
5 894
-
-
-
total
8 085
-
312
-
Employer
26 719
-
-
-
social contributions
37 674
-
5 369
-
total
37 674
-
5 369
-
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
45 759
1 371
5 681
1 108
After tax
-42 259
2 129
-2 181
2 392
Living cost
18 634
18 634
18 634
18 634
Free-cash
-60 893
-16 505
-20 815
-16 242

Estimated living cost  is ₴18634 per week

₴12091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
-₴11487
-₴20954
-₴11398
-₴11325
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
income
-
-
-
204
surtax
-
-
-
-
social contributions

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

-
-
-
1 217
total
-
-
-
1 421
Employee
19 762
-
2 828
-
social contributions
2 174
-
311
-
surtax
-
-
-
-
income
4 110
-
365
-
total
6 284
-
676
-
Employer
19 762
-
2 828
-
social contributions
4 693
-
672
-
total
4 693
-
672
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
735
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
775
-
-
total
-
775
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 977
1 510
1 348
1 421
After tax
-7 477
1 990
2 152
2 079
Living cost
13 477
13 477
13 477
13 477
Free-cash
-20 954
-11 487
-11 325
-11 398

Estimated living cost  is ₴13477 per week

₴10084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2374
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
-₴18989
-₴31817
-₴19217
-₴18464
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
-
-
-
-
pensions
-
-
-
1 643
other
-
-
-
108
health
-
-
-
114
surtax
-
-
-
-
social contributions
-
-
-
99
total
-
-
-
1 964
Employee
26 911
-
2 667
-
social contributions
766
-
76
-
surtax
-
-
-
-
income
2 348
-
-
-
pensions
3 044
-
302
-
total
6 158
-
378
-
Employer
26 911
-
2 667
-
other
929
-
92
-
social contributions
81
-
8
-
unemployment
1 090
-
108
-
pensions
4 422
-
438
-
health
1 884
-
187
-
total
8 406
-
833
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
980
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
surtax
-
-
-
-
social contributions
-
433
-
-
withholding
-
323
-
-
total
-
756
-
-
Income
3 500
3 500
3 500
3 500
Total tax
14 564
1 736
1 211
1 964
After tax
-11 064
1 764
2 289
1 536
Living cost
20 753
20 753
20 753
20 753
Free-cash
-31 817
-18 989
-18 464
-19 217

Estimated living cost  is ₴20753 per week

₴14045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
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.
₴4725
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
-₴9766
-₴12455
-₴10186
-₴10083
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
13 814
-
3 030
-
income
-
-
-
-
social contributions
898
-
197
-
total
898
-
197
-
Employer
13 814
-
3 030
-
social contributions
2 141
-
470
-
total
2 141
-
470
-
Corporate
-
3 500
-
-
income
-
350
-
-
total
-
350
-
-
Dividends
-
3 150
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 039
350
667
770
After tax
461
3 150
2 833
2 730
Living cost
12 916
12 916
12 916
12 916
Free-cash
-12 455
-9 766
-10 083
-10 186

Estimated living cost  is ₴12916 per week

₴8351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3348
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
-₴90114
-₴90114
-₴17815
-₴90114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
municipal
-
-
-
-
pensions
-
-
-
372
national
-
-
-
-
labour market
-
-
-
250
total
-
-
-
622
Employee
87 338
87 338
87 338
-
labour market
6 977
6 977
6 977
-
national
10 670
10 670
10 670
-
municipal
18 598
18 598
18 598
-
pensions
124
124
124
-
total
36 369
36 369
36 369
-
Employer
87 338
87 338
87 338
-
labour market
6 987
6 987
6 987
-
municipal
18 628
18 628
18 628
-
pensions
248
248
248
-
national
10 689
10 689
10 689
-
total
36 552
36 552
36 552
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
72 921
72 921
72 921
622
After tax
-69 421
-69 421
-69 421
2 878
Living cost
20 693
20 693
20 693
20 693
Free-cash
-90 114
-90 114
-90 114
-17 815

Estimated living cost  is ₴20693 per week

₴14162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4382
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
-₴9006
-₴14092
-₴8866
-₴7442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
accident
-
-
-
108
income
-
-
-
91
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
3 076
Employee
14 614
-
2 907
-
health
1 673
-
333
-
income
2 005
-
399
-
pensions
1 646
-
327
-
total
5 324
-
1 059
-
Employer
14 614
-
2 907
-
accident
244
-
49
-
unemployment
358
-
71
-
pensions
2 376
-
473
-
total
2 978
-
593
-
Corporate
-
3 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
3 150
-
-
total
-
3 150
-
-
Dividends
-
350
-
-
withholding
-
66
-
-
total
-
66
-
-
Income
3 500
3 500
3 500
3 500
Total tax
8 302
3 216
1 652
3 076
After tax
-4 802
284
1 848
424
Living cost
9 290
9 290
9 290
9 290
Free-cash
-14 092
-9 006
-7 442
-8 866

Estimated living cost  is ₴9290 per week

₴6762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1824
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
-₴14074
-₴23372
-₴13626
-₴14280
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
municipal
-
-
-
630
health
-
-
-
-
national
-
-
-
-
total
-
-
-
630
Employee
22 606
-
2 944
-
health
169
-
-
-
municipal
3 703
-
486
-
pensions
1 526
-
199
-
unemployment
339
-
44
-
national
373
-
-
-
total
6 110
-
729
-
Employer
22 606
-
2 944
-
accident
23
-
3
-
unemployment
147
-
19
-
pensions
3 922
-
510
-
health
174
-
23
-
total
4 266
-
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
10 376
1 078
1 284
630
After tax
-6 876
2 422
2 216
2 870
Living cost
16 496
16 496
16 496
16 496
Free-cash
-23 372
-14 074
-14 280
-13 626

Estimated living cost  is ₴16496 per week

₴10775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3872
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
-₴16165
-₴13077
-₴9413
-₴12408
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
-
-
-
16 334
income
-
-
-
-
health
-
-
-
417
social contributions
-
-
-
2 548
total
-
-
-
2 965
Employee
33 040
33 040
33 040
-
social contributions
1 249
2 742
925
-
health
256
562
189
-
income
3 597
3 059
3 715
-
total
5 102
6 363
4 829
-
Employer
33 040
33 040
33 040
-
social contributions
1 249
2 742
925
-
health
278
612
206
-
total
1 527
3 354
1 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 629
9 717
5 960
2 965
After tax
-3 129
-6 217
-2 460
535
Living cost
9 948
9 948
9 948
9 948
Free-cash
-13 077
-16 165
-12 408
-9 413

Estimated living cost  is ₴9948 per week

₴5962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴2790
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
-₴3924
-₴7377
-₴7622
-₴5975
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
income
-
-
-
-
pensions
-
-
-
2 733
unemployment
-
-
-
12
health
-
-
-
1 555
total
-
-
-
4 300
Employee

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

9 862
-
2 729
-
health
838
-
636
-
income
674
-
84
-
pensions
1 479
-
1 123
-
unemployment
49
-
38
-
total
3 040
-
1 881
-
Employer

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

9 862
-
2 729
-
unemployment
49
-
38
-
pensions
542
-
412
-
health
424
-
322
-
total
1 015
-
772
-
Corporate
-
3 500
-
-
income
-
315
-
-
total
-
315
-
-
Dividends
-
3 185
-
-
withholding
-
287
-
-
total
-
287
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 055
602
2 653
4 300
After tax
-555
2 898
847
-800
Living cost
6 822
6 822
6 822
6 822
Free-cash
-7 377
-3 924
-5 975
-7 622

Estimated living cost  is ₴6822 per week

₴4353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
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.
₴1774
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
-₴9406
-₴17452
-₴11226
-₴13802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
accident
-
-
-
83
income
-
-
-
139
pensions
-
-
-
2 615
other
-
-
-
9
unemployment
-
-
-
64
total
-
-
-
2 910
Employee
15 888
-
-
-
other
15
-
15
-
income
3 063
-
-
-
pensions
747
-
674
-
unemployment
246
-
223
-
total
4 071
-
912
-
Employer
15 888
-
-
-
accident
315
-
284
-
other
127
-
115
-
unemployment
874
-
789
-
pensions
3 749
-
3 386
-
total
5 065
-
4 574
-
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
9 136
1 090
5 486
2 910
After tax
-5 636
2 410
-1 986
590
Living cost
11 816
11 816
11 816
11 816
Free-cash
-17 452
-9 406
-13 802
-11 226

Estimated living cost  is ₴11816 per week

₴7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2498
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
₴1007
₴813
₴561
₴661
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
-
-
-
554
pensions
-
-
-
700
health
-
-
-
508
total
-
-
-
1 762
Employee
1 792
-
2 857
-
health
90
-
143
-
income
347
-
591
-
pensions
161
-
257
-
unemployment
18
-
29
-
total
616
-
1 020
-
Employer
1 792
-
2 857
-
unemployment
36
-
57
-
pensions
197
-
314
-
health
170
-
271
-
total
403
-
642
-
Corporate
1 305
3 500
-
-
income
287
770
-
-
total
287
770
-
-
Dividends
1 018
2 730
-
-
withholding
204
546
-
-
total
204
546
-
-
Income
3 500
3 500
3 500
3 500
Total tax
1 510
1 316
1 662
1 762
After tax
1 990
2 184
1 838
1 738
Living cost
1 177
1 177
1 177
1 177
Free-cash
813
1 007
661
561

Estimated living cost  is ₴1177 per week

₴699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴355
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
-₴4901
-₴9709
-₴5342
-₴5162
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
income
-
-
-
90
pensions
-
-
-
910
unemployment
-
-
-
52
health
-
-
-
360
total
-
-
-
1 412
Employee

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

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

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

11 204
-
2 969
-
health
577
-
153
-
income
1 544
-
110
-
pensions
1 569
-
416
-
unemployment
84
-
22
-
total
3 774
-
701
-
Employer

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

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

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

11 204
-
2 969
-
unemployment
84
-
22
-
pensions
1 344
-
356
-
health
577
-
153
-
total
2 005
-
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
5 779
971
1 232
1 412
After tax
-2 279
2 529
2 268
2 088
Living cost
7 430
7 430
7 430
7 430
Free-cash
-9 709
-4 901
-5 162
-5 342

Estimated living cost  is ₴7430 per week

₴5003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴575
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.
₴1638
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
-₴9594
-₴17137
-₴9505
-₴9432
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
income
-
-
-
204
surtax
-
-
-
-
social contributions

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

-
-
-
1 217
total
-
-
-
1 421
Employee
16 677
-
2 828
-
social contributions
1 835
-
311
-
surtax
-
-
-
-
income
3 258
-
365
-
total
5 093
-
676
-
Employer
16 677
-
2 828
-
social contributions
3 960
-
672
-
total
3 960
-
672
-
Corporate
-
3 500
-
-
surtax
-
-
-
-
income
-
735
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
775
-
-
total
-
775
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 053
1 510
1 348
1 421
After tax
-5 553
1 990
2 152
2 079
Living cost
11 584
11 584
11 584
11 584
Free-cash
-17 137
-9 594
-9 432
-9 505

Estimated living cost  is ₴11584 per week

₴8204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2370
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
-₴12691
-₴23867
-₴14511
-₴17087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
accident
-
-
-
83
income
-
-
-
139
pensions
-
-
-
2 615
other
-
-
-
9
unemployment
-
-
-
64
total
-
-
-
2 910
Employee
20 751
-
-
-
other
20
-
15
-
income
4 334
-
-
-
pensions
975
-
674
-
unemployment
321
-
223
-
total
5 650
-
912
-
Employer
20 751
-
-
-
accident
411
-
284
-
other
166
-
115
-
unemployment
1 142
-
789
-
pensions
4 897
-
3 386
-
total
6 616
-
4 574
-
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
12 266
1 090
5 486
2 910
After tax
-8 766
2 410
-1 986
590
Living cost
15 101
15 101
15 101
15 101
Free-cash
-23 867
-12 691
-17 087
-14 511

Estimated living cost  is ₴15101 per week

₴10845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2869
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
-₴4398
-₴8206
-₴5350
-₴5182
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
-
-
-
525
pensions

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

-
-
-
518
unemployment
-
-
-
14
health
-
-
-
403
total
-
-
-
1 460
Employee
9 786
-
2 926
-
health
450
-
135
-
accident

We are using the highest rate at 1.1%.

108
-
32
-
income
979
-
293
-
pensions

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

859
-
257
-
total
2 396
-
717
-
Employer
9 786
-
2 926
-
accident

We are using the highest rate at 1.1%.

108
-
32
-
unemployment
59
-
18
-
pensions

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

1 078
-
323
-
health
675
-
202
-
total
1 920
-
575
-
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
4 316
508
1 292
1 460
After tax
-816
2 992
2 208
2 040
Living cost
7 390
7 390
7 390
7 390
Free-cash
-8 206
-4 398
-5 182
-5 350

Estimated living cost  is ₴7390 per week

₴4888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1903
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
-₴14670
-₴17879
-₴16024
-₴16024
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
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

21 379
-
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.

2 935
-
2 935
-
surtax

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

97
-
-
-
income

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

1 758
-
-
-
total
4 790
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
29
-
-
income
-
525
-
-
trade
-
502
-
-
chamber of commerce
-
70
-
-
total
-
1 126
-
-
Dividends
-
2 374
-
-
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.

-
24
-
-
withholding
-
431
-
-
total
-
455
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 790
1 581
2 935
2 935
After tax
-1 290
1 919
565
565
Living cost
16 589
16 589
16 589
16 589
Free-cash
-17 879
-14 670
-16 024
-16 024

Estimated living cost  is ₴16589 per week

₴11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1785
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.
₴3120
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
-₴22026
-₴30110
-₴20976
-₴20976
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
33 610
-
3 500
-
income
6 342
-
-
-
social contributions
2 792
-
-
-
total
9 134
-
-
-
Employer
33 610
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
438
-
-
total
-
438
-
-
Dividends
-
3 062
-
-
withholding
-
612
-
-
total
-
612
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 134
1 050
-
-
After tax
-5 634
2 450
3 500
3 500
Living cost
24 476
24 476
24 476
24 476
Free-cash
-30 110
-22 026
-20 976
-20 976

Estimated living cost  is ₴24476 per week

₴18621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3627
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
-₴14605
-₴19469
-₴27207
-₴13591
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
-
-
-
12 231
health

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

-
-
-
2 879
total
-
-
-
15 110
Employee
19 711
-
2 753
-
income
2 139
-
-
-
social contributions
1 975
-
747
-
total
4 114
-
747
-
Employer
19 711
-
2 753
-
social contributions
1 975
-
747
-
total
1 975
-
747
-
Corporate
-
3 500
-
-
income
-
1 225
-
-
total
-
1 225
-
-
Dividends
-
2 275
-
-
social contributions
1 283
1 283
-
-
total
1 283
1 283
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 372
2 508
1 494
15 110
After tax
-3 872
992
2 006
-11 610
Living cost
15 597
15 597
15 597
15 597
Free-cash
-19 469
-14 605
-13 591
-27 207

Estimated living cost  is ₴15597 per week

₴10274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3854
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
-₴13318
-₴21006
-₴13140
-₴13192
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
21 880
-
3 435
-
health
285
-
-
-
income
3 984
-
687
-
pensions
1 670
-
-
-
total
5 939
-
687
-
Employer
21 880
-
3 435
-
pensions
2 211
-
-
-
health
416
-
65
-
total
2 627
-
65
-
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
8 566
878
752
700
After tax
-5 066
2 622
2 748
2 800
Living cost
15 940
15 940
15 940
15 940
Free-cash
-21 006
-13 318
-13 192
-13 140

Estimated living cost  is ₴15940 per week

₴10935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3339
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
-₴9926
-₴15832
-₴9786
-₴8362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
accident
-
-
-
108
income
-
-
-
91
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
3 076
Employee
16 061
-
2 907
-
health
1 839
-
333
-
income
2 203
-
399
-
pensions
1 808
-
327
-
total
5 850
-
1 059
-
Employer
16 061
-
2 907
-
accident
268
-
49
-
unemployment
393
-
71
-
pensions
2 611
-
473
-
total
3 272
-
593
-
Corporate
-
3 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
3 150
-
-
total
-
3 150
-
-
Dividends
-
350
-
-
withholding
-
66
-
-
total
-
66
-
-
Income
3 500
3 500
3 500
3 500
Total tax
9 122
3 216
1 652
3 076
After tax
-5 622
284
1 848
424
Living cost
10 210
10 210
10 210
10 210
Free-cash
-15 832
-9 926
-8 362
-9 786

Estimated living cost  is ₴10210 per week

₴7493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1916
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
-₴2828
-₴5783
-₴3615
-₴3615
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
work injury
-
-
-
17
health insurance
-
-
-
259
income
-
-
-
350
pensions
-
-
-
644
unemployment
-
-
-
42
total
-
-
-
1 312
Employee

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

9 285
-
3 500
-
work injury
46
-
17
-
income
928
-
350
-
pensions
1 708
-
644
-
health insurance
687
-
259
-
unemployment
111
-
42
-
total
3 480
-
1 312
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
-
3 500
-
-
withholding
-
525
-
-
total
-
525
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 480
525
1 312
1 312
After tax
20
2 975
2 188
2 188
Living cost
5 803
5 803
5 803
5 803
Free-cash
-5 783
-2 828
-3 615
-3 615

Estimated living cost  is ₴5803 per week

₴3595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1605
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
-₴15273
-₴32708
-₴16991
-₴17983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
3 500
municipal
-
-
-
2
regional
-
-
-
3
national
-
-
-
39
social contributions
-
-
-
3 330
total
-
-
-
3 374
Employee
36 207
-
3 500
-
social contributions
12 209
-
4 366
-
regional
547
-
-
-
municipal
216
-
-
-
national
6 119
-
-
-
total
19 091
-
4 366
-
Employer
36 207
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
nationa
-
840
-
-
municipal
-
169
-
-
total
-
1 009
-
-
Dividends
-
2 491
-
-
withholding
-
647
-
-
total
-
647
-
-
Income
3 500
3 500
3 500
3 500
Total tax
19 091
1 656
4 366
3 374
After tax
-15 591
1 844
-866
126
Living cost
17 117
17 117
17 117
17 117
Free-cash
-32 708
-15 273
-17 983
-16 991

Estimated living cost  is ₴17117 per week

₴12024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3657
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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