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

Valencia , Spain
-₴11337
-₴8752
-₴7122
-₴5957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
46
income
-
-
-
292
other
-
-
-
6
accident
-
-
-
59
pensions
-
-
-
1 852
total
-
-
-
2 255
Employee
11 251
-
261
-
unemployment
174
-
158
-
pensions
529
-
478
-
income
2 169
-
-
-
other
11
-
10
-
total
2 883
-
646
-
Employer
11 251
-
261
-
pensions
2 655
-
2 398
-
accident
223
-
201
-
unemployment
619
-
559
-
other
90
-
81
-
total
3 587
-
3 239
-
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
6 470
1 090
3 885
2 255
After tax
-2 970
2 410
-385
1 245
Living cost
8 367
8 367
8 367
8 367
Free-cash
-11 337
-5 957
-8 752
-7 122

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
-₴10332
-₴6072
-₴6213
-₴5536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
840
income
-
-
-
445
other
-
-
-
166
health
-
-
-
154
total
-
-
-
1 605
Employee
11 048
-
2 776
-
health
155
-
39
-
unemployment
110
-
28
-
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.

773
-
194
-
income
1 902
-
478
-
total
2 940
-
739
-
Employer
11 048
-
2 776
-
health
155
-
39
-
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.

1 878
-
472
-
accident
88
-
22
-
unemployment
110
-
28
-
other
553
-
164
-
total
2 784
-
725
-
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
5 724
928
1 464
1 605
After tax
-2 224
2 572
2 036
1 895
Living cost
8 108
8 108
8 108
8 108
Free-cash
-10 332
-5 536
-6 072
-6 213

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
-₴2816
-₴1778
-₴1947
-₴995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
518
unemployment
-
-
-
14
income
-
-
-
525
health
-
-
-
403
total
-
-
-
1 460
Employee
5 280
-
2 926
-
health
243
-
135
-
accident

We are using the highest rate at 1.1%.

58
-
32
-
pensions

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

464
-
257
-
income
528
-
293
-
total
1 293
-
717
-
Employer
5 280
-
2 926
-
health
364
-
202
-
pensions

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

582
-
323
-
accident

We are using the highest rate at 1.1%.

58
-
32
-
unemployment
32
-
17
-
total
1 036
-
574
-
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
2 329
508
1 291
1 460
After tax
1 171
2 992
2 209
2 040
Living cost
3 987
3 987
3 987
3 987
Free-cash
-2 816
-995
-1 778
-1 947

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
-₴13588
-₴8121
-₴8589
-₴8647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
109
health
-
-
-
81
social contributions
-
-
-
100
pensions
-
-
-
1 389
surtax
-
-
-
-
total
-
-
-
1 679
Employee
13 022
-
2 667
-
pensions
1 472
-
302
-
income
769
-
-
-
social contributions
371
-
76
-
surtax
-
-
-
-
total
2 612
-
378
-
Employer
13 022
-
2 667
-
health
912
-
187
-
social contributions
39
-
8
-
pensions
2 139
-
438
-
unemployment
527
-
108
-
other
449
-
92
-
total
4 066
-
833
-
Corporate
-
3 500
-
-
income
-
980
-
-
surtax
-
-
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
social contributions
-
434
-
-
surtax
-
-
-
-
withholding
-
323
-
-
total
-
757
-
-
Income
3 500
3 500
3 500
3 500
Total tax
6 678
1 737
1 211
1 679
After tax
-3 178
1 763
2 289
1 821
Living cost
10 410
10 410
10 410
10 410
Free-cash
-13 588
-8 647
-8 121
-8 589

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-₴26713
-₴26713
-₴10729
-₴25005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
630
income
-
-
-
315
health
-
-
-
538
total
-
-
-
1 483
Employee
25 983
25 983
25 983
-
health
3 988
3 392
3 988
-
pensions
4 677
3 565
4 677
-
income

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

4 253
4 253
4 253
-
total
12 918
11 210
12 918
-
Employer
25 983
25 983
25 983
-
health
1 806
1 806
1 806
-
pensions
1 808
1 808
1 808
-
unemployment
935
935
935
-
total
4 549
4 549
4 549
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
17 467
15 759
17 467
1 483
After tax
-13 967
-12 259
-13 967
2 017
Living cost
12 746
12 746
12 746
12 746
Free-cash
-26 713
-25 005
-26 713
-10 729

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
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.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
-₴8138
-₴7795
-₴7795
-₴7368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 079
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
-
-
-
2 079
Employee

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

11 638
-
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.

2 079
-
2 079
-
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.

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.

18
-
-
-
total
2 422
-
2 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
525
-
-
trade
-
551
-
-
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
-
-
chamber of commerce
-
51
-
-
total
-
1 156
-
-
Dividends
-
2 343
-
-
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.

-
26
-
-
withholding
-
470
-
-
total
-
496
-
-
Income
3 500
3 500
3 500
3 500
Total tax
2 422
1 652
2 079
2 079
After tax
1 078
1 848
1 421
1 421
Living cost
9 216
9 216
9 216
9 216
Free-cash
-8 138
-7 368
-7 795
-7 795

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Larnaca , Cyprus
-₴8241
-₴7766
-₴5644
-₴10426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
11 567
income
-
-
-
-
health
-
-
-
295
social contributions
-
-
-
1 804
total
-
-
-
2 099
Employee
23 397
23 397
23 397
-
health
181
398
134
-
income
2 548
2 166
2 631
-
social contributions
885
1 942
655
-
total
3 614
4 506
3 420
-
Employer
23 397
23 397
23 397
-
health
197
433
146
-
social contributions
885
1 942
655
-
total
1 082
2 375
801
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 696
6 881
4 221
2 099
After tax
-1 196
-3 381
-721
1 401
Living cost
7 045
7 045
7 045
7 045
Free-cash
-8 241
-10 426
-7 766
-5 644

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
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.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
-₴13818
-₴7392
-₴7464
-₴7553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
1 216
surtax
-
-
-
-
total
-
-
-
1 420
Employee
13 994
-
2 828
-
income
2 911
-
365
-
social contributions
1 539
-
311
-
surtax
-
-
-
-
total
4 450
-
676
-
Employer
13 994
-
2 828
-
social contributions
3 324
-
672
-
total
3 324
-
672
-
Corporate
-
3 500
-
-
income
-
735
-
-
surtax
-
-
-
-
total
-
735
-
-
Dividends
-
2 765
-
-
withholding
-
774
-
-
total
-
774
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 774
1 509
1 348
1 420
After tax
-4 274
1 991
2 152
2 080
Living cost
9 544
9 544
9 544
9 544
Free-cash
-13 818
-7 553
-7 392
-7 464

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴525
₴442
₴1107
₴967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
2 948
-
3 500
-
income
589
-
700
-
total
589
-
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%.

552
3 500
-
-
total
-
-
-
-
Dividends
552
3 500
-
-
withholding
28
175
-
-
total
28
175
-
-
Income
3 500
3 500
3 500
3 500
Total tax
617
175
700
35
After tax
2 883
3 325
2 800
3 465
Living cost
2 358
2 358
2 358
2 358
Free-cash
525
967
442
1 107

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Ljubljana , Slovenia
-₴12050
-₴6180
-₴6051
-₴5751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
639
unemployment
-
-
-
5
income
-
-
-
402
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.

13 455
-
3 029
-
health
869
-
196
-
unemployment
19
-
4
-
pensions
2 086
-
469
-
income
2 320
-
378
-
total
5 294
-
1 047
-
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.

13 455
-
3 029
-
health
896
-
202
-
pensions
1 191
-
268
-
unemployment
8
-
2
-
total
2 095
-
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
7 389
1 090
1 519
1 390
After tax
-3 889
2 410
1 981
2 110
Living cost
8 161
8 161
8 161
8 161
Free-cash
-12 050
-5 751
-6 180
-6 051

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
-₴12764
-₴8603
-₴18130
-₴9678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
2 971
-
social contributions
1 398
-
529
-
income
1 515
-
-
-
total
2 913
-
529
-
Employer
13 958
-
2 971
-
social contributions
1 398
-
529
-
total
1 398
-
529
-
Corporate
-
3 500
-
-
income
-
1 225
-
-
total
-
1 225
-
-
Dividends
-
2 275
-
-
social contributions
908
908
-
-
total
908
908
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 219
2 133
1 058
10 585
After tax
-1 719
1 367
2 442
-7 085
Living cost
11 045
11 045
11 045
11 045
Free-cash
-12 764
-9 678
-8 603
-18 130

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
-₴7616
-₴4188
-₴4276
-₴4425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
268
social contributions
-
-
-
531
total
-
-
-
1 324
Employee
10 317
-
3 500
-
health
720
-
268
-
income
1 721
-
437
-
social contributions
1 424
-
531
-
total
3 865
-
1 236
-
Employer
10 317
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
income

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

-
175
-
-
total
-
175
-
-
Dividends
-
3 325
-
-
social contributions
531
531
-
-
withholding
-
499
-
-
health
268
268
-
-
total
799
1 298
-
-
Income
3 500
3 500
3 500
3 500
Total tax
4 664
1 473
1 236
1 324
After tax
-1 164
2 027
2 264
2 176
Living cost
6 452
6 452
6 452
6 452
Free-cash
-7 616
-4 425
-4 188
-4 276

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
-₴13283
-₴6741
-₴6812
-₴6107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
472
social contributions
-
-
-
1 022
solidarity contribution
-
-
-
-
total
-
-
-
1 795
Employee
12 525
-
2 612
-
health
1 691
-
353
-
solidarity contribution
-
-
-
-
income
1 503
-
313
-
social contributions
814
-
170
-
total
4 008
-
836
-
Employer
12 525
-
2 612
-
health
1 127
-
235
-
social contributions
3 131
-
653
-
total
4 258
-
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
8 266
1 090
1 724
1 795
After tax
-4 766
2 410
1 776
1 705
Living cost
8 517
8 517
8 517
8 517
Free-cash
-13 283
-6 107
-6 741
-6 812

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
-₴1094
-₴875
-₴210
-₴350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
4 594
-
3 500
-
income
919
-
700
-
total
919
-
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
919
175
700
35
After tax
2 581
3 325
2 800
3 465
Living cost
3 675
3 675
3 675
3 675
Free-cash
-1 094
-350
-875
-210

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Paris , France
-₴21509
-₴12407
-₴12875
-₴12933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
109
health
-
-
-
81
social contributions
-
-
-
100
pensions
-
-
-
1 389
surtax
-
-
-
-
total
-
-
-
1 679
Employee
19 057
-
2 667
-
pensions
2 155
-
302
-
income
1 663
-
-
-
social contributions
543
-
76
-
surtax
-
-
-
-
total
4 361
-
378
-
Employer
19 057
-
2 667
-
health
1 334
-
187
-
social contributions
57
-
8
-
pensions
3 131
-
438
-
unemployment
772
-
108
-
other
658
-
92
-
total
5 952
-
833
-
Corporate
-
3 500
-
-
income
-
980
-
-
surtax
-
-
-
-
total
-
980
-
-
Dividends
-
2 520
-
-
social contributions
-
434
-
-
surtax
-
-
-
-
withholding
-
323
-
-
total
-
757
-
-
Income
3 500
3 500
3 500
3 500
Total tax
10 313
1 737
1 211
1 679
After tax
-6 813
1 763
2 289
1 821
Living cost
14 696
14 696
14 696
14 696
Free-cash
-21 509
-12 933
-12 407
-12 875

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
-₴5825
-₴3016
-₴3197
-₴2717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
910
unemployment
-
-
-
53
income
-
-
-
128
health
-
-
-
360
total
-
-
-
1 451
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.

7 911
-
2 969
-
health
407
-
153
-
unemployment
59
-
22
-
pensions
1 108
-
416
-
income
1 090
-
148
-
total
2 664
-
739
-
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.

7 911
-
2 969
-
health
407
-
153
-
pensions
949
-
356
-
unemployment
59
-
22
-
total
1 415
-
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
4 079
971
1 270
1 451
After tax
-579
2 529
2 230
2 049
Living cost
5 246
5 246
5 246
5 246
Free-cash
-5 825
-2 717
-3 016
-3 197

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-₴23019
-₴18477
-₴17684
-₴19089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
322
city
-
-
-
36
other

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

-
-
-
70
health
-
-
-
67
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
495
Employee
24 212
-
2 810
-
health
55
-
6
-
unemployment
-
-
-
-
city
260
-
26
-
pensions
2 034
-
597
-
regional
793
-
-
-
national
115
-
-
-
total
3 257
-
629
-
Employer
24 212
-
2 810
-
health
55
-
6
-
pensions
2 034
-
597
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

484
-
56
-
total
2 573
-
659
-
Corporate
-
3 500
-
-
regional
-
740
-
-
national
-
298
-
-
total
-
1 038
-
-
Dividends
-
2 462
-
-
withholding
-
862
-
-
total
-
862
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 830
1 900
1 288
495
After tax
-2 330
1 600
2 212
3 005
Living cost
20 689
20 689
20 689
20 689
Free-cash
-23 019
-19 089
-18 477
-17 684

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Helsinki , Finland
-₴15528
-₴9467
-₴8812
-₴9260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 008
-
2 945
-
health
120
-
-
-
unemployment
240
-
44
-
pensions
1 080
-
199
-
national
264
-
-
-
municipal
2 622
-
486
-
total
4 326
-
729
-
Employer
16 008
-
2 945
-
health
123
-
23
-
pensions
2 777
-
511
-
accident
16
-
3
-
unemployment
104
-
19
-
total
3 020
-
556
-
Corporate
-
3 500
-
-
income
-
700
-
-
total
-
700
-
-
Dividends

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

-
2 100
-
-
municipal
-
378
-
-
national
-
-
-
-
total
-
378
-
-
Income
3 500
3 500
3 500
3 500
Total tax
7 346
1 078
1 285
630
After tax
-3 846
2 422
2 215
2 870
Living cost
11 682
11 682
11 682
11 682
Free-cash
-15 528
-9 260
-9 467
-8 812

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Brussels , Belgium
-₴24600
-₴9467
-₴9786
-₴9033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
114
social contributions
-
-
-
1 604
national
-
-
-
474
total
-
-
-
2 192
Employee

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

21 765
-
2 711
-
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.

1 023
-
128
-
communal

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

1 135
-
141
-
unemployment

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

189
-
24
-
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.

1 632
-
203
-
national
6 691
-
589
-
total
10 670
-
1 085
-
Employer

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

21 765
-
2 711
-
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.

1 338
-
166
-
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.

1 929
-
240
-
surtax
2 468
-
307
-
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.

283
-
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.

318
-
40
-
total
6 336
-
788
-
Corporate
-
3 500
-
-
income
-
700
-
-
surtax
-
14
-
-
total
-
714
-
-
Dividends
-
2 786
-
-
withholding

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

-
725
-
-
total
-
725
-
-
Income
3 500
3 500
3 500
3 500
Total tax
17 006
1 439
1 873
2 192
After tax
-13 506
2 061
1 627
1 308
Living cost
11 094
11 094
11 094
11 094
Free-cash
-24 600
-9 033
-9 467
-9 786

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
-₴21228
-₴11335
-₴11460
-₴11294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
4
municipal
-
-
-
741
other
-
-
-
407
health
-
-
-
218
national
-
-
-
-
accident
-
-
-
7
pensions
-
-
-
378
total
-
-
-
1 755
Employee
18 816
-
2 663
-
national
-
-
-
-
municipal
5 611
-
794
-
total
5 611
-
794
-
Employer
18 816
-
2 663
-
health
1 157
-
164
-
pensions
2 034
-
288
-
accident
38
-
5
-
unemployment
497
-
70
-
other
2 186
-
309
-
total
5 912
-
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
11 523
1 589
1 630
1 755
After tax
-8 023
1 911
1 870
1 745
Living cost
13 205
13 205
13 205
13 205
Free-cash
-21 228
-11 294
-11 335
-11 460

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴47317
-₴15689
-₴12287
-₴12577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
682
social contributions
-
-
-
399
total
-
-
-
1 081
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
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
36 111
1 371
4 483
1 081
After tax
-32 611
2 129
-983
2 419
Living cost
14 706
14 706
14 706
14 706
Free-cash
-47 317
-12 577
-15 689
-12 287

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
-₴11586
-₴10590
-₴8468
-₴13250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
11 567
income
-
-
-
-
health
-
-
-
295
social contributions
-
-
-
1 804
total
-
-
-
2 099
Employee
23 397
23 397
23 397
-
health
233
398
134
-
income
2 457
2 166
2 631
-
social contributions
1 137
1 942
655
-
total
3 827
4 506
3 420
-
Employer
23 397
23 397
23 397
-
health
253
433
146
-
social contributions
1 137
1 942
655
-
total
1 390
2 375
801
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 217
6 881
4 221
2 099
After tax
-1 717
-3 381
-721
1 401
Living cost
9 869
9 869
9 869
9 869
Free-cash
-11 586
-13 250
-10 590
-8 468

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
-₴13295
-₴8176
-₴8124
-₴8301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 994
-
3 435
-
health
196
-
-
-
pensions
1 144
-
-
-
income
2 731
-
687
-
total
4 071
-
687
-
Employer
14 994
-
3 435
-
health
285
-
65
-
pensions
1 515
-
-
-
total
1 800
-
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
-
212
-
-
total
-
212
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 871
877
752
700
After tax
-2 371
2 623
2 748
2 800
Living cost
10 924
10 924
10 924
10 924
Free-cash
-13 295
-8 301
-8 176
-8 124

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

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.

Rome , Italy
-₴22140
-₴11816
-₴11272
-₴10278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10
regional
-
-
-
20
social contributions
-
-
-
2 358
national
-
-
-
263
total
-
-
-
2 651
Employee
25 640
-
3 500
-
social contributions
8 646
-
3 091
-
regional
387
-
7
-
national
4 333
-
94
-
municipal
153
-
3
-
total
13 519
-
3 195
-
Employer
25 640
-
3 500
-
total
-
-
-
-
Corporate
-
3 500
-
-
nationa
-
840
-
-
municipal
-
169
-
-
total
-
1 009
-
-
Dividends
-
2 491
-
-
withholding
-
648
-
-
total
-
648
-
-
Income
3 500
3 500
3 500
3 500
Total tax
13 519
1 657
3 195
2 651
After tax
-10 019
1 843
305
849
Living cost
12 121
12 121
12 121
12 121
Free-cash
-22 140
-10 278
-11 816
-11 272

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and 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
Gdansk , Poland
-₴8804
-₴4650
-₴5311
-₴6215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 229
income
-
-
-
256
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
2 313
Employee
10 222
-
2 908
-
health
1 170
-
333
-
pensions
1 151
-
327
-
income
1 402
-
399
-
total
3 723
-
1 059
-
Employer
10 222
-
2 908
-
pensions
1 662
-
473
-
accident
171
-
49
-
unemployment
250
-
71
-
total
2 083
-
593
-
Corporate
-
3 500
-
-
income

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

-
3 150
-
-
total
-
3 150
-
-
Dividends
-
350
-
-
withholding
-
67
-
-
total
-
67
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 806
3 217
1 652
2 313
After tax
-2 306
283
1 848
1 187
Living cost
6 498
6 498
6 498
6 498
Free-cash
-8 804
-6 215
-4 650
-5 311

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
-₴11640
-₴10326
-₴10326
-₴9864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 079
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
-
-
-
2 079
Employee

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

15 139
-
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.

2 079
-
2 079
-
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.

1 245
-
-
-
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.

69
-
-
-
total
3 393
-
2 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
3 500
-
-
income
-
525
-
-
trade
-
502
-
-
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
-
-
chamber of commerce
-
51
-
-
total
-
1 107
-
-
Dividends
-
2 393
-
-
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.

-
27
-
-
withholding
-
483
-
-
total
-
510
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 393
1 617
2 079
2 079
After tax
107
1 883
1 421
1 421
Living cost
11 747
11 747
11 747
11 747
Free-cash
-11 640
-9 864
-10 326
-10 326

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Riga , Latvia
-₴7533
-₴4367
-₴4313
-₴3530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
microenterprise
-
-
-
525
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.

-
-
-
958
surtax
-
-
-
-
total
-
-
-
1 483
Employee
8 891
-
2 782
-
income
1 583
-
491
-
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.

978
-
328
-
surtax
-
-
-
-
total
2 561
-
819
-
Employer
8 891
-
2 782
-
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.

2 142
-
718
-
surtax
-
-
-
-
total
2 142
-
718
-
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
4 703
700
1 537
1 483
After tax
-1 203
2 800
1 963
2 017
Living cost
6 330
6 330
6 330
6 330
Free-cash
-7 533
-3 530
-4 367
-4 313

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
-₴3559
-₴1802
-₴1901
-₴1599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
411
health
-
-
-
507
pensions
-
-
-
700
total
-
-
-
1 618
Employee
5 761
-
2 857
-
health
288
-
143
-
unemployment
58
-
29
-
pensions
519
-
257
-
income
1 115
-
448
-
total
1 980
-
877
-
Employer
5 761
-
2 857
-
health
547
-
271
-
pensions
634
-
314
-
unemployment
115
-
57
-
total
1 296
-
642
-
Corporate
-
3 500
-
-
income
-
770
-
-
total
-
770
-
-
Dividends
-
2 730
-
-
withholding
-
546
-
-
total
-
546
-
-
Income
3 500
3 500
3 500
3 500
Total tax
3 276
1 316
1 519
1 618
After tax
224
2 184
1 981
1 882
Living cost
3 783
3 783
3 783
3 783
Free-cash
-3 559
-1 599
-1 802
-1 901

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
-₴8904
-₴5243
-₴4970
-₴4633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
812
unemployment
-
-
-
69
income
-
-
-
466
other
-
-
-
-
health
-
-
-
289
surtax
-
-
-
-
total
-
-
-
1 636
Employee
10 247
-
2 645
-
health
262
-
103
-
unemployment
713
-
282
-
pensions
684
-
271
-
income
1 718
-
398
-
other
-
-
-
-
surtax
36
-
-
-
total
3 413
-
1 054
-
Employer
10 247
-
2 645
-
health
466
-
185
-
pensions
1 366
-
541
-
unemployment
325
-
129
-
other
-
-
-
-
total
2 157
-
855
-
Corporate
-
3 500
-
-
income
-
910
-
-
total
-
910
-
-
Dividends
-
2 590
-
-
withholding
-
389
-
-
total
-
389
-
-
Income
3 500
3 500
3 500
3 500
Total tax
5 570
1 299
1 909
1 636
After tax
-2 070
2 201
1 591
1 864
Living cost
6 834
6 834
6 834
6 834
Free-cash
-8 904
-4 633
-5 243
-4 970

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
-₴13917
-₴9994
-₴9002
-₴13076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
647
chamber of commerce
-
-
-
14
unemployment
-
-
-
1 866
income
-
-
-
-
health
-
-
-
268
surtax
-
-
-
-
total