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
₴ 35000
per

Your estimated
City
free-cash

Dresden , Germany
₴4704
₴9458
₴10347
₴12713
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.

-
-
-
35 000
trade
-
-
-
2 366
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.

-
-
-
6 008
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.

-
-
-
330
total
-
-
-
11 639
Employee

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

16 434
-
35 000
-
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
-
330
-
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
-
6 008
-
total
3 419
-
9 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 566
35 000
-
-
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.

153
289
-
-
income
2 785
5 250
-
-
trade
2 924
5 513
-
-
chamber of commerce
92
116
-
-
total
5 954
11 168
-
-
Dividends
12 612
23 832
-
-
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.

165
319
-
-
withholding
2 990
5 795
-
-
total
3 155
6 114
-
-
Income
35 000
35 000
35 000
35 000
Total tax
12 528
17 282
9 273
11 639
After tax
22 472
17 718
25 727
23 361
Living cost
13 014
13 014
13 014
13 014
Free-cash
9 458
4 704
12 713
10 347

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
₴161
-₴1655
-₴303
-₴28
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
-
-
-
35 000
municipal
-
-
-
3 549
pensions
-
-
-
4 200
national
-
-
-
5 499
social contributions
-
-
-
376
total
-
-
-
13 624
Employee
33 606
-
30 257
-
municipal
4 151
-
3 684
-
pensions
1 344
-
1 210
-
national
6 432
-
5 709
-
total
11 927
-
10 603
-
Employer
33 606
-
30 257
-
social contributions
361
-
325
-
pensions
2 688
-
2 421
-
total
3 049
-
2 746
-
Corporate
-
35 000
-
-
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%.

-
7 000
-
-
total
-
7 000
-
-
Dividends
-
28 000
-
-
withholding
-
6 160
-
-
total
-
6 160
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 976
13 160
13 349
13 624
After tax
20 024
21 840
21 651
21 376
Living cost
21 679
21 679
21 679
21 679
Free-cash
-1 655
161
-28
-303

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
₴19061
₴15537
₴9836
₴10879
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.

-
-
-
35 000
microenterprise
-
-
-
-
income
-
-
-
4 973
surtax
-
-
-
-
social contributions

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

-
-
-
11 252
total
-
-
-
16 225
Employee
12 555
-
28 205
-
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
-
3 103
-
surtax
-
-
-
-
income
2 235
-
5 284
-
total
3 616
-
8 387
-
Employer
12 555
-
28 205
-
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
-
6 795
-
surtax
-
-
-
-
total
3 024
-
6 795
-
Corporate
19 420
35 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

3 884
7 000
-
-
total
3 884
7 000
-
-
Dividends

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

15 536
28 000
-
-
total
-
-
-
-
Income
35 000
35 000
35 000
35 000
Total tax
10 524
7 000
15 182
16 225
After tax
24 476
28 000
19 818
18 775
Living cost
8 939
8 939
8 939
8 939
Free-cash
15 537
19 061
10 879
9 836

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
-₴5256
-₴7669
₴1911
-₴7669
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
-
-
-
35 000
income
-
-
-
5 361
pensions
-
-
-
5 034
health
-
-
-
4 694
total
-
-
-
15 089
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
35 000
35 000
35 000
35 000
Total tax
24 669
22 256
24 669
15 089
After tax
10 331
12 744
10 331
19 911
Living cost
18 000
18 000
18 000
18 000
Free-cash
-7 669
-5 256
-7 669
1 911

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
₴2443
₴2067
₴781
₴2023
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
-
-
-
35 000
municipal
-
-
-
7 413
accident
-
-
-
70
pensions
-
-
-
3 783
other
-
-
-
4 067
unemployment
-
-
-
35
health
-
-
-
2 184
national
-
-
-
-
total
-
-
-
17 552
Employee
23 748
-
26 632
-
municipal
7 082
-
7 942
-
national
-
-
-
-
total
7 082
-
7 942
-
Employer
23 748
-
26 632
-
accident
48
-
53
-
other
2 760
-
3 095
-
unemployment
627
-
703
-
pensions
2 567
-
2 879
-
health
1 461
-
1 638
-
total
7 463
-
8 368
-
Corporate
3 790
35 000
-
-
income
834
7 700
-
-
total
834
7 700
-
-
Dividends
2 956
27 300
-
-
withholding
887
8 190
-
-
total
887
8 190
-
-
Income
35 000
35 000
35 000
35 000
Total tax
16 266
15 890
16 310
17 552
After tax
18 734
19 110
18 690
17 448
Living cost
16 667
16 667
16 667
16 667
Free-cash
2 067
2 443
2 023
781

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
₴660
₴6699
₴6377
₴8848
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.

-
-
-
35 000
trade
-
-
-
2 471
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.

-
-
-
6 008
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.

-
-
-
330
total
-
-
-
11 744
Employee

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

21 790
-
35 000
-
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
-
330
-
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
-
6 008
-
total
4 910
-
9 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 210
35 000
-
-
surtax

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

109
289
-
-
income
1 981
5 250
-
-
trade
2 173
5 757
-
-
chamber of commerce
84
115
-
-
total
4 347
11 411
-
-
Dividends
8 863
23 589
-
-
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.

113
316
-
-
withholding
2 052
5 734
-
-
total
2 165
6 050
-
-
Income
35 000
35 000
35 000
35 000
Total tax
11 422
17 461
9 273
11 744
After tax
23 578
17 539
25 727
23 256
Living cost
16 879
16 879
16 879
16 879
Free-cash
6 699
660
8 848
6 377

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
₴11347
₴9948
₴11871
₴11566
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
-
-
-
35 000
income
-
-
-
2 840
health
-
-
-
893
social contributions
-
-
-
5 460
total
-
-
-
9 193
Employee
33 040
33 040
33 040
-
social contributions
1 605
2 742
2 637
-
health
329
562
540
-
income
3 469
3 059
3 096
-
total
5 403
6 363
6 273
-
Employer
33 040
33 040
33 040
-
social contributions
1 605
2 742
2 637
-
health
358
612
588
-
total
1 963
3 354
3 225
-
Corporate
13 697
-
-
-
income
1 712
-
-
-
total
1 712
-
-
-
Dividends
11 984
-
-
-
withholding
2 038
-
-
-
total
2 038
-
-
-
Income
35 000
35 000
35 000
35 000
Total tax
11 116
9 717
9 498
9 193
After tax
23 884
25 283
25 502
25 807
Living cost
13 936
13 936
13 936
13 936
Free-cash
9 948
11 347
11 566
11 871

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
₴11949
₴12111
₴16449
₴12493
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
-
-
-
35 000
income
-
-
-
4 279
pensions
-
-
-
3 500
unemployment
-
-
-
525
health
-
-
-
2 450
total
-
-
-
10 754
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
29 289
-
health
788
314
2 050
-
income
1 376
548
3 581
-
pensions
1 125
448
2 929
-
unemployment
169
67
439
-
total
3 458
1 377
8 999
-
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
29 289
-
pensions
2 195
873
5 711
-
total
2 195
873
5 711
-
Corporate
21 551
29 647
-
-
income
1 940
2 668
-
-
total
1 940
2 668
-
-
Dividends
19 611
26 979
-
-
social contributions
3 773
5 210
-
-
withholding
3 726
5 126
-
-
total
7 499
10 336
-
-
Income
35 000
35 000
35 000
35 000
Total tax
15 092
15 254
14 710
10 754
After tax
19 908
19 746
20 290
24 246
Living cost
7 797
7 797
7 797
7 797
Free-cash
12 111
11 949
12 493
16 449

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
₴17622
₴14952
₴8382
₴9796
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
-
-
-
35 000
income
-
-
-
4 690
pensions
-
-
-
7 000
health
-
-
-
4 550
total
-
-
-
16 240
Employee
12 189
-
26 158
-
income
1 372
-
5 043
-
pensions
244
-
523
-
unemployment
195
-
418
-
total
1 811
-
5 984
-
Employer
12 189
-
26 158
-
unemployment
98
-
210
-
pensions
2 438
-
5 232
-
health
1 584
-
3 400
-
total
4 120
-
8 842
-
Corporate
18 691
35 000
-
-
income
3 739
7 000
-
-
total
3 739
7 000
-
-
Dividends
14 952
28 000
-
-
total
-
-
-
-
Income
35 000
35 000
35 000
35 000
Total tax
9 670
7 000
14 826
16 240
After tax
25 330
28 000
20 174
18 760
Living cost
10 378
10 378
10 378
10 378
Free-cash
14 952
17 622
9 796
8 382

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
-₴6594
₴1389
₴14643
₴8159
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
-
-
-
35 000
accident
-
-
-
108
income
-
-
-
7 943
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 928
Employee
14 833
-
29 080
-
health
1 698
-
3 330
-
income
2 035
-
4 892
-
pensions
1 670
-
3 270
-
total
5 403
-
11 492
-
Employer
14 833
-
29 080
-
accident
248
-
486
-
unemployment
363
-
712
-
pensions
2 412
-
4 722
-
total
3 023
-
5 920
-
Corporate
17 144
35 000
-
-
income

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

15 430
31 500
-
-
total
15 430
31 500
-
-
Dividends
1 714
3 500
-
-
withholding
326
665
-
-
total
326
665
-
-
Income
35 000
35 000
35 000
35 000
Total tax
24 182
32 165
17 412
10 928
After tax
10 818
2 835
17 588
24 072
Living cost
9 429
9 429
9 429
9 429
Free-cash
1 389
-6 594
8 159
14 643

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
₴29357
₴28627
₴30757
₴24107
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%.

-
-
-
35 000
microenterprise

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

-
-
-
350
total
-
-
-
350
Employee
4 866
-
35 000
-
income
973
-
7 000
-
total
973
-
7 000
-
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%.

30 134
35 000
-
-
total
-
-
-
-
Dividends
30 134
35 000
-
-
withholding
1 507
1 750
-
-
total
1 507
1 750
-
-
Income
35 000
35 000
35 000
35 000
Total tax
2 480
1 750
7 000
350
After tax
32 520
33 250
28 000
34 650
Living cost
3 893
3 893
3 893
3 893
Free-cash
28 627
29 357
24 107
30 757

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
₴14265
₴11363
₴7504
₴9066
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
-
-
-
35 000
income
-
-
-
4 445
pensions

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

-
-
-
8 399
other
-
-
-
1 663
health
-
-
-
1 540
total
-
-
-
16 047
Employee
15 601
-
27 954
-
health
219
-
391
-
income
2 686
-
4 812
-
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
-
1 957
-
unemployment
156
-
280
-
total
4 153
-
7 440
-
Employer
15 601
-
27 954
-
accident
125
-
223
-
other
780
-
1 398
-
unemployment
156
-
280
-
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
-
4 753
-
health
219
-
391
-
total
3 932
-
7 045
-
Corporate
15 467
35 000
-
-
income
3 248
7 350
-
-
total
3 248
7 350
-
-
Dividends
12 219
27 650
-
-
withholding
855
1 936
-
-
total
855
1 936
-
-
Income
35 000
35 000
35 000
35 000
Total tax
12 188
9 286
14 485
16 047
After tax
22 812
25 714
20 515
18 953
Living cost
11 449
11 449
11 449
11 449
Free-cash
11 363
14 265
9 066
7 504

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
-₴2476
-₴11171
-₴2648
-₴6525
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
-
-
-
35 000
income
-
-
-
6 514
pensions
-
-
-
2 434
total
-
-
-
8 948
Employee
40 606
-
30 950
-
health
669
-
472
-
income
7 320
-
5 544
-
pensions
3 917
-
2 759
-
total
11 906
-
8 775
-
Employer
40 606
-
30 950
-
pensions
4 794
-
3 462
-
health
771
-
588
-
total
5 565
-
4 050
-
Corporate
-
35 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
6 650
-
-
total
-
6 650
-
-
Dividends
-
28 350
-
-
withholding
-
2 126
-
-
total
-
2 126
-
-
Income
35 000
35 000
35 000
35 000
Total tax
17 471
8 776
12 825
8 948
After tax
17 529
26 224
22 175
26 052
Living cost
28 700
28 700
28 700
28 700
Free-cash
-11 171
-2 476
-6 525
-2 648

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
₴24292
₴22296
₴20110
₴21045
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
-
-
-
35 000
income
-
-
-
5 250
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
9 257
Employee
7 458
-
32 056
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
746
-
3 205
-
pensions

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

655
-
1 318
-
total
1 826
-
5 378
-
Employer
7 458
-
32 056
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 654
-
health
515
-
1 035
-
total
1 464
-
2 944
-
Corporate
26 078
35 000
-
-
income
2 608
3 500
-
-
total
2 608
3 500
-
-
Dividends
23 471
31 500
-
-
withholding
1 173
1 575
-
-
total
1 173
1 575
-
-
Income
35 000
35 000
35 000
35 000
Total tax
7 071
5 075
8 322
9 257
After tax
27 929
29 925
26 678
25 743
Living cost
5 633
5 633
5 633
5 633
Free-cash
22 296
24 292
21 045
20 110

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
-₴11082
-₴11810
-₴3915
-₴13495
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
-
-
-
35 000
income
-
-
-
5 361
pensions
-
-
-
5 034
health
-
-
-
4 694
total
-
-
-
15 089
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
35 000
35 000
35 000
35 000
Total tax
22 984
22 256
24 669
15 089
After tax
12 016
12 744
10 331
19 911
Living cost
23 826
23 826
23 826
23 826
Free-cash
-11 810
-11 082
-13 495
-3 915

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
₴13823
₴10158
₴6772
₴7486
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
-
-
-
35 000
income
-
-
-
3 008
health
-
-
-
4 725
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 220
total
-
-
-
17 953
Employee
15 110
-
26 119
-
social contributions
982
-
1 698
-
health
2 040
-
3 526
-
solidarity contribution
-
-
-
-
income
1 813
-
3 134
-
total
4 835
-
8 358
-
Employer
15 110
-
26 119
-
social contributions
3 777
-
6 530
-
health
1 360
-
2 351
-
total
5 137
-
8 881
-
Corporate
14 753
35 000
-
-
income
2 803
6 650
-
-
total
2 803
6 650
-
-
Dividends
11 950
28 350
-
-
withholding
1 792
4 252
-
-
total
1 792
4 252
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 567
10 902
17 239
17 953
After tax
20 433
24 098
17 761
17 047
Living cost
10 275
10 275
10 275
10 275
Free-cash
10 158
13 823
7 486
6 772

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
₴543
-₴3187
₴407
-₴1258
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
-
-
-
35 000
municipal
-
-
-
208
regional
-
-
-
373
national
-
-
-
6 879
social contributions
-
-
-
9 002
total
-
-
-
16 462
Employee
38 187
-
35 000
-
social contributions
12 877
-
11 802
-
regional
360
-
324
-
municipal
202
-
186
-
national
6 617
-
5 815
-
total
20 056
-
18 127
-
Employer
38 187
-
35 000
-
total
-
-
-
-
Corporate
-
35 000
-
-
nationa
-
8 400
-
-
municipal
-
1 365
-
-
total
-
9 765
-
-
Dividends
-
25 235
-
-
withholding
-
6 561
-
-
total
-
6 561
-
-
Income
35 000
35 000
35 000
35 000
Total tax
20 056
16 326
18 127
16 462
After tax
14 944
18 674
16 873
18 538
Living cost
18 131
18 131
18 131
18 131
Free-cash
-3 187
543
-1 258
407

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
₴12534
₴11197
₴9344
₴8655
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
-
-
-
35 000
income
-
-
-
5 979
pensions
-
-
-
7 000
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 485
surtax
-
-
-
613
total
-
-
-
16 175
Employee
14 209
-
28 913
-
other
-
-
-
-
health
363
-
737
-
surtax
46
-
540
-
income
2 382
-
5 561
-
pensions
947
-
1 928
-
unemployment
989
-
2 012
-
total
4 727
-
10 778
-
Employer
14 209
-
28 913
-
other
-
-
-
-
unemployment
450
-
916
-
pensions
1 894
-
3 854
-
health
647
-
1 316
-
total
2 991
-
6 086
-
Corporate
17 800
35 000
-
-
income
4 628
9 100
-
-
total
4 628
9 100
-
-
Dividends
13 172
25 900
-
-
withholding
1 976
3 885
-
-
total
1 976
3 885
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 322
12 985
16 864
16 175
After tax
20 678
22 015
18 136
18 825
Living cost
9 481
9 481
9 481
9 481
Free-cash
11 197
12 534
8 655
9 344

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
₴6617
₴3240
₴6445
₴2568
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
-
-
-
35 000
income
-
-
-
6 514
pensions
-
-
-
2 434
total
-
-
-
8 948
Employee
27 213
-
30 950
-
health
395
-
472
-
income
4 901
-
5 544
-
pensions
2 310
-
2 759
-
total
7 606
-
8 775
-
Employer
27 213
-
30 950
-
pensions
2 946
-
3 462
-
health
517
-
588
-
total
3 463
-
4 050
-
Corporate
4 324
35 000
-
-
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.

821
6 650
-
-
total
821
6 650
-
-
Dividends
3 503
28 350
-
-
withholding
263
2 126
-
-
total
263
2 126
-
-
Income
35 000
35 000
35 000
35 000
Total tax
12 153
8 776
12 825
8 948
After tax
22 847
26 224
22 175
26 052
Living cost
19 607
19 607
19 607
19 607
Free-cash
3 240
6 617
2 568
6 445

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
-₴16674
-₴6884
-₴3262
-₴5049
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
-
-
-
35 000
city
-
-
-
368
pensions
-
-
-
3 220
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.

-
-
-
700
regional
-
-
-
1 039
health
-
-
-
107
national
-
-
-
150
total
-
-
-
5 584
Employee
38 242
-
31 326
-
city
410
-
337
-
regional
1 252
-
878
-
health
86
-
71
-
pensions
3 213
-
2 631
-
unemployment
-
-
-
-
national
181
-
126
-
total
5 142
-
4 043
-
Employer
38 242
-
31 326
-
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
-
626
-
unemployment
-
-
-
-
pensions
3 213
-
2 631
-
health
86
-
71
-
total
4 064
-
3 328
-
Corporate
-
35 000
-
-
regional
-
7 403
-
-
national
-
2 975
-
-
total
-
10 378
-
-
Dividends
-
24 622
-
-
withholding
-
8 618
-
-
total
-
8 618
-
-
Income
35 000
35 000
35 000
35 000
Total tax
9 206
18 996
7 371
5 584
After tax
25 794
16 004
27 629
29 416
Living cost
32 678
32 678
32 678
32 678
Free-cash
-6 884
-16 674
-5 049
-3 262

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
-₴2325
₴4645
₴3466
₴6043
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.

-
-
-
35 000
trade
-
-
-
2 577
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.

-
-
-
6 008
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.

-
-
-
330
total
-
-
-
11 850
Employee

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

25 823
-
35 000
-
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
-
330
-
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
-
6 008
-
total
6 138
-
9 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 177
35 000
-
-
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.

76
289
-
-
income
1 376
5 250
-
-
trade
1 574
6 003
-
-
chamber of commerce
78
114
-
-
total
3 104
11 656
-
-
Dividends
6 073
23 344
-
-
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.

74
312
-
-
withholding
1 355
5 673
-
-
total
1 429
5 985
-
-
Income
35 000
35 000
35 000
35 000
Total tax
10 671
17 641
9 273
11 850
After tax
24 329
17 359
25 727
23 150
Living cost
19 684
19 684
19 684
19 684
Free-cash
4 645
-2 325
6 043
3 466

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
₴2938
₴5480
₴5617
₴5908
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
-
-
-
35 000
income
-
-
-
2 178
pensions
-
-
-
10 119
other
-
-
-
1 085
health
-
-
-
303
surtax
-
-
-
-
social contributions
-
-
-
997
total
-
-
-
14 682
Employee
18 389
-
26 671
-
social contributions
524
-
760
-
surtax
-
-
-
-
income
1 085
-
2 286
-
pensions
2 079
-
3 016
-
total
3 688
-
6 062
-
Employer
18 389
-
26 671
-
other
634
-
920
-
social contributions
55
-
80
-
unemployment
744
-
1 080
-
pensions
3 021
-
4 382
-
health
1 287
-
1 867
-
total
5 741
-
8 329
-
Corporate
10 868
35 000
-
-
surtax
-
-
-
-
income
3 043
9 800
-
-
total
3 043
9 800
-
-
Dividends
7 825
25 200
-
-
surtax
-
-
-
-
social contributions
1 346
4 335
-
-
withholding
1 001
3 226
-
-
total
2 347
7 561
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 819
17 361
14 391
14 682
After tax
20 181
17 639
20 609
20 318
Living cost
14 701
14 701
14 701
14 701
Free-cash
5 480
2 938
5 908
5 617

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
₴4395
₴6783
₴7074
₴7365
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
-
-
-
35 000
income
-
-
-
2 178
pensions
-
-
-
10 119
other
-
-
-
1 085
health
-
-
-
303
surtax
-
-
-
-
social contributions
-
-
-
997
total
-
-
-
14 682
Employee
16 415
-
26 671
-
social contributions
468
-
760
-
surtax
-
-
-
-
income
846
-
2 286
-
pensions
1 857
-
3 016
-
total
3 171
-
6 062
-
Employer
16 415
-
26 671
-
other
567
-
920
-
social contributions
49
-
80
-
unemployment
665
-
1 080
-
pensions
2 697
-
4 382
-
health
1 149
-
1 867
-
total
5 127
-
8 329
-
Corporate
13 459
35 000
-
-
surtax
-
-
-
-
income
3 769
9 800
-
-
total
3 769
9 800
-
-
Dividends
9 690
25 200
-
-
surtax
-
-
-
-
social contributions
1 666
4 335
-
-
withholding
1 240
3 226
-
-
total
2 906
7 561
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 973
17 361
14 391
14 682
After tax
20 027
17 639
20 609
20 318
Living cost
13 244
13 244
13 244
13 244
Free-cash
6 783
4 395
7 365
7 074

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
₴12242
₴12463
₴13366
₴13839
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
-
-
-
35 000
income
-
-
-
5 250
health
-
-
-
2 443
social contributions
-
-
-
4 830
total
-
-
-
12 523
Employee
14 568
-
35 000
-
social contributions
2 011
-
4 830
-
health
1 017
-
2 443
-
income
2 430
-
4 777
-
total
5 458
-
12 050
-
Employer
14 568
-
35 000
-
total
-
-
-
-
Corporate
20 432
35 000
-
-
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%.

1 022
1 750
-
-
total
1 022
1 750
-
-
Dividends
19 410
33 250
-
-
health
1 355
2 321
-
-
social contributions
2 679
4 588
-
-
withholding
2 912
4 988
-
-
total
6 946
11 897
-
-
Income
35 000
35 000
35 000
35 000
Total tax
13 426
13 647
12 050
12 523
After tax
21 574
21 353
22 950
22 477
Living cost
9 111
9 111
9 111
9 111
Free-cash
12 463
12 242
13 839
13 366

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
₴4614
₴3949
₴3433
-₴3368
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
-
-
-
35 000
chamber of commerce
-
-
-
140
income
-
-
-
4 414
pensions
-
-
-
6 475
unemployment
-
-
-
2 635
health
-
-
-
2 678
surtax
-
-
-
85
total
-
-
-
16 427
Employee
21 473
17 123
27 111
-
other
214
171
271
-
health
831
663
1 049
-
income
2 445
1 263
4 061
-
pensions
2 199
1 753
2 776
-
unemployment
644
514
813
-
total
6 333
4 364
8 970
-
Employer
21 473
17 123
27 111
-
accident
279
223
352
-
other
1 020
813
1 288
-
chamber of commerce
86
68
108
-
unemployment
644
514
813
-
surtax
85
85
85
-
pensions
2 695
2 149
3 403
-
payroll
644
514
813
-
health
811
647
1 025
-
total
6 264
5 013
7 887
-
Corporate
7 263
12 864
25 482
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

1 816
3 216
6 371
-
total
1 816
3 216
6 371
-
Dividends
5 447
9 648
-
-
withholding
1 498
2 653
-
-
total
1 498
2 653
-
-
Income
35 000
35 000
35 000
35 000
Total tax
15 911
15 246
23 228
16 427
After tax
19 089
19 754
11 772
18 573
Living cost
15 140
15 140
15 140
15 140
Free-cash
3 949
4 614
-3 368
3 433

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
₴3993
-₴4680
₴1594
-₴1545
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
-
-
-
35 000
national
-
-
-
10 912
communal

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

-
-
-
1 798
social contributions
-
-
-
5 030
total
-
-
-
17 740
Employee

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

30 735
-
27 110
-
communal

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

1 603
-
1 414
-
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
-
1 274
-
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
-
2 034
-
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
-
236
-
national
9 449
-
8 031
-
total
15 068
-
12 989
-
Employer

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

30 735
-
27 110
-
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
-
352
-
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
-
395
-
surtax
3 485
-
3 074
-
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
-
2 402
-
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
-
1 667
-
total
8 946
-
7 890
-
Corporate
-
35 000
-
-
surtax
-
140
-
-
income
-
7 000
-
-
total
-
7 140
-
-
Dividends
-
27 860
-
-
withholding

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

-
8 201
-
-
total
-
8 201
-
-
Income
35 000
35 000
35 000
35 000
Total tax
24 014
15 341
20 879
17 740
After tax
10 986
19 659
14 121
17 260
Living cost
15 666
15 666
15 666
15 666
Free-cash
-4 680
3 993
-1 545
1 594

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
₴8083
₴4661
₴3129
₴3376
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
-
-
-
35 000
accident
-
-
-
315
income
-
-
-
5 854
pensions
-
-
-
9 905
other
-
-
-
35
unemployment
-
-
-
245
total
-
-
-
16 354
Employee
21 388
-
26 540
-
other
21
-
27
-
income
4 513
-
5 960
-
pensions
1 005
-
1 248
-
unemployment
332
-
412
-
total
5 871
-
7 647
-
Employer
21 388
-
26 540
-
accident
423
-
525
-
other
170
-
212
-
unemployment
1 177
-
1 460
-
pensions
5 047
-
6 263
-
total
6 817
-
8 460
-
Corporate
6 794
35 000
-
-
income

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

1 019
5 250
-
-
total
1 019
5 250
-
-
Dividends
5 775
29 750
-
-
withholding
1 115
6 150
-
-
total
1 115
6 150
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 822
11 400
16 107
16 354
After tax
20 178
23 600
18 893
18 646
Living cost
15 517
15 517
15 517
15 517
Free-cash
4 661
8 083
3 376
3 129

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
-₴1715
-₴1426
-₴2497
-₴737
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
-
-
-
35 000
accident
-
-
-
295
income
-
-
-
2 200
pensions
-
-
-
5 246
health
-
-
-
2 459
surtax
-
-
-
1 735
communal
-
-
-
2 212
total
-
-
-
14 147
Employee
32 539
-
31 264
-
health
1 448
-
1 392
-
surtax
1 994
-
1 916
-
income
3 143
-
2 842
-
pensions
2 603
-
2 501
-
total
9 188
-
8 651
-
Employer
32 539
-
31 264
-
accident
293
-
281
-
pensions
2 603
-
2 501
-
health
992
-
954
-
total
3 888
-
3 736
-
Corporate
-
35 000
-
-
surtax
-
368
-
-
communal
-
2 362
-
-
income
-
5 250
-
-
total
-
7 980
-
-
Dividends
-
27 020
-
-
income
-
1 332
-
-
withholding
-
4 053
-
-
total
-
5 385
-
-
Income
35 000
35 000
35 000
35 000
Total tax
13 076
13 365
12 387
14 147
After tax
21 924
21 635
22 613
20 853
Living cost
23 350
23 350
23 350
23 350
Free-cash
-1 426
-1 715
-737
-2 497

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
₴12364
₴10998
₴9174
₴8485
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
-
-
-
35 000
income
-
-
-
5 979
pensions
-
-
-
7 000
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 485
surtax
-
-
-
613
total
-
-
-
16 175
Employee
14 470
-
28 913
-
other
-
-
-
-
health
369
-
737
-
surtax
51
-
540
-
income
2 426
-
5 561
-
pensions
965
-
1 928
-
unemployment
1 007
-
2 012
-
total
4 818
-
10 778
-
Employer
14 470
-
28 913
-
other
-
-
-
-
unemployment
459
-
916
-
pensions
1 929
-
3 854
-
health
658
-
1 316
-
total
3 046
-
6 086
-
Corporate
17 484
35 000
-
-
income
4 546
9 100
-
-
total
4 546
9 100
-
-
Dividends
12 938
25 900
-
-
withholding
1 941
3 885
-
-
total
1 941
3 885
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 351
12 985
16 864
16 175
After tax
20 649
22 015
18 136
18 825
Living cost
9 651
9 651
9 651
9 651
Free-cash
10 998
12 364
8 485
9 174

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
₴6823
₴5870
₴6809
₴5152
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
-
-
-
35 000
municipal
-
-
-
208
regional
-
-
-
528
national
-
-
-
6 879
social contributions
-
-
-
9 002
total
-
-
-
16 617
Employee
23 835
-
35 000
-
social contributions
8 037
-
11 802
-
regional
321
-
471
-
municipal
126
-
186
-
national
3 776
-
5 815
-
total
12 260
-
18 274
-
Employer
23 835
-
35 000
-
total
-
-
-
-
Corporate
11 165
35 000
-
-
nationa
2 679
8 400
-
-
municipal
555
1 739
-
-
total
3 234
10 139
-
-
Dividends
7 931
24 861
-
-
withholding
2 062
6 464
-
-
total
2 062
6 464
-
-
Income
35 000
35 000
35 000
35 000
Total tax
17 556
16 603
18 274
16 617
After tax
17 444
18 397
16 726
18 383
Living cost
11 574
11 574
11 574
11 574
Free-cash
5 870
6 823
5 152
6 809

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
₴11437
₴6919
₴4386
₴5100
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
-
-
-
35 000
income
-
-
-
3 008
health
-
-
-
4 725
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 220
total
-
-
-
17 953
Employee
18 619
-
26 119
-
social contributions
1 210
-
1 698
-
health
2 514
-
3 526
-
solidarity contribution
-
-
-
-
income
2 234
-
3 134
-
total
5 958
-
8 358
-
Employer
18 619
-
26 119
-
social contributions
4 655
-
6 530
-
health
1 676
-
2 351
-
total
6 331
-
8 881
-
Corporate
10 050
35 000
-
-
income
1 910
6 650
-
-
total
1 910
6 650
-
-
Dividends
8 141
28 350
-
-
withholding
1 221
4 252
-
-
total
1 221
4 252
-
-
Income
35 000
35 000
35 000
35 000
Total tax
15 420
10 902
17 239
17 953
After tax
19 580
24 098
17 761
17 047
Living cost
12 661
12 661
12 661
12 661
Free-cash
6 919
11 437
5 100
4 386

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
₴6093
₴5881
₴4950
-₴1917
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
-
-
-
35 000
chamber of commerce
-
-
-
140
income
-
-
-
4 414
pensions
-
-
-
6 475
unemployment
-
-
-
2 635
health
-
-
-
2 678
surtax
-
-
-
-
total
-
-
-
16 342
Employee
18 782
17 123
27 179
-
other
188
171
272
-
health
727
663
1 052
-
income
1 673
1 263
4 080
-
pensions
1 923
1 753
2 783
-
unemployment
563
514
815
-
total
5 074
4 364
9 002
-
Employer
18 782
17 123
27 179
-
accident
244
223
353
-
other
892
813
1 291
-
chamber of commerce
75
68
108
-
unemployment
563
514
815
-
surtax
-
-
-
-
pensions
2 357
2 149
3 411
-
payroll
563
514
815
-
health
710
647
1 027
-
total
5 404
4 928
7 820
-
Corporate
10 813
12 949
25 548
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

2 703
3 237
6 387
-
total
2 703
3 237
6 387
-
Dividends
8 110
9 712
-
-
withholding
2 230
2 670
-
-
total
2 230
2 670
-
-
Income
35 000
35 000
35 000
35 000
Total tax
15 411
15 199
23 209
16 342
After tax
19 589
19 801
11 791
18 658
Living cost
13 708
13 708
13 708
13 708
Free-cash
5 881
6 093
-1 917
4 950

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
₴27184
₴26046
₴28584
₴21934
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%.

-
-
-
35 000
microenterprise

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

-
-
-
350
total
-
-
-
350
Employee
7 582
-
35 000
-
income
1 517
-
7 000
-
total
1 517
-
7 000
-
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%.

27 418
35 000
-
-
total
-
-
-
-
Dividends
27 418
35 000
-
-
withholding
1 371
1 750
-
-
total
1 371
1 750
-
-
Income
35 000
35 000
35 000
35 000
Total tax
2 888
1 750
7 000
350
After tax
32 112
33 250
28 000
34 650
Living cost
6 066
6 066
6 066
6 066
Free-cash
26 046
27 184
21 934
28 584

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
₴12573
₴8980
₴6934
₴5932
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.

-
-
-
35 000
income
-
-
-
6 654
pensions
-
-
-
6 392
unemployment
-
-
-
52
health
-
-
-
3 443
total
-
-
-
16 541
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
-
30 285
-
health
1 227
-
1 956
-
income
3 277
-
6 137
-
pensions
2 945
-
4 694
-
unemployment
27
-
42
-
total
7 476
-
12 829
-
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
-
30 285
-
unemployment
11
-
18
-
pensions
1 681
-
2 680
-
health
1 265
-
2 016
-
total
2 957
-
4 714
-
Corporate
13 042
35 000
-
-
income
2 478
6 650
-
-
total
2 478
6 650
-
-
Dividends
10 564
28 350
-
-
withholding
1 584
4 252
-
-
total
1 584
4 252
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 495
10 902
17 543
16 541
After tax
20 505
24 098
17 457
18 459
Living cost
11 525
11 525
11 525
11 525
Free-cash
8 980
12 573
5 932
6 934

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
₴2660
-₴29393
₴5554
₴10685
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
-
-
-
35 000
income
-
-
-
6 822
social contributions
-
-
-
3 990
total
-
-
-
10 812
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
-
35 000
-
-
income
-
7 700
-
-
total
-
7 700
-
-
Dividends
-
27 300
-
-
income
-
6 006
-
-
total
-
6 006
-
-
Income
35 000
35 000
35 000
35 000
Total tax
45 759
13 706
5 681
10 812
After tax
-10 759
21 294
29 319
24 188
Living cost
18 634
18 634
18 634
18 634
Free-cash
-29 393
2 660
10 685
5 554

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
₴6431
₴5998
₴6317
₴4834
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.

-
-
-
35 000
income
-
-
-
3 044
surtax
-
-
-
-
social contributions

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

-
-
-
12 162
total
-
-
-
15 206
Employee
19 762
-
28 283
-
social contributions
2 174
-
3 112
-
surtax
-
-
-
-
income
4 110
-
6 860
-
total
6 284
-
9 972
-
Employer
19 762
-
28 283
-
social contributions
4 693
-
6 717
-
total
4 693
-
6 717
-
Corporate
10 545
35 000
-
-
surtax
-
-
-
-
income
2 215
7 350
-
-
total
2 215
7 350
-
-
Dividends
8 330
27 650
-
-
withholding
2 333
7 742
-
-
total
2 333
7 742
-
-
Income
35 000
35 000
35 000
35 000
Total tax
15 525
15 092
16 689
15 206
After tax
19 475
19 908
18 311
19 794
Living cost
13 477
13 477
13 477
13 477
Free-cash
5 998
6 431
4 834
6 317

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
-₴3114
-₴317
-₴435
-₴144
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
-
-
-
35 000
income
-
-
-
2 178
pensions
-
-
-
10 119
other
-
-
-
1 085
health
-
-
-
303
surtax
-
-
-
-
social contributions
-
-
-
997
total
-
-
-
14 682
Employee
26 911
-
26 671
-
social contributions
766
-
760
-
surtax
-
-
-
-
income
2 348
-
2 286
-
pensions
3 044
-
3 016
-
total
6 158
-
6 062
-
Employer
26 911
-
26 671
-
other
929
-
920
-
social contributions
81
-
80
-
unemployment
1 090
-
1 080
-
pensions
4 422
-
4 382
-
health
1 884
-
1 867
-
total
8 406
-
8 329
-
Corporate
-
35 000
-
-
surtax
-
-
-
-
income
-
9 800
-
-
total
-
9 800
-
-
Dividends
-
25 200
-
-
surtax
-
-
-
-
social contributions
-
4 335
-
-
withholding
-
3 226
-
-
total
-
7 561
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 564
17 361
14 391
14 682
After tax
20 436
17 639
20 609
20 318
Living cost
20 753
20 753
20 753
20 753
Free-cash
-317
-3 114
-144
-435

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
₴18584
₴17140
₴13998
₴14979
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
-
-
-
35 000
income
-
-
-
386
social contributions
-
-
-
7 700
total
-
-
-
8 086
Employee
13 814
-
30 303
-
income
-
-
438
-
social contributions
898
-
1 970
-
total
898
-
2 408
-
Employer
13 814
-
30 303
-
social contributions
2 141
-
4 697
-
total
2 141
-
4 697
-
Corporate
19 045
35 000
-
-
income
1 905
3 500
-
-
total
1 905
3 500
-
-
Dividends
17 141
31 500
-
-
total
-
-
-
-
Income
35 000
35 000
35 000
35 000
Total tax
4 944
3 500
7 105
8 086
After tax
30 056
31 500
27 895
26 914
Living cost
12 916
12 916
12 916
12 916
Free-cash
17 140
18 584
14 979
13 998

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
-₴58614
-₴58614
₴1361
-₴58614
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
-
-
-
35 000
municipal
-
-
-
6 213
pensions
-
-
-
372
national
-
-
-
3 591
labour market
-
-
-
2 770
total
-
-
-
12 946
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
35 000
35 000
35 000
35 000
Total tax
72 921
72 921
72 921
12 946
After tax
-37 921
-37 921
-37 921
22 054
Living cost
20 693
20 693
20 693
20 693
Free-cash
-58 614
-58 614
-58 614
1 361

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
-₴6455
₴1410
₴14782
₴8298
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
-
-
-
35 000
accident
-
-
-
108
income
-
-
-
7 943
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 928
Employee
14 614
-
29 080
-
health
1 673
-
3 330
-
income
2 005
-
4 892
-
pensions
1 646
-
3 270
-
total
5 324
-
11 492
-
Employer
14 614
-
29 080
-
accident
244
-
486
-
unemployment
358
-
712
-
pensions
2 376
-
4 722
-
total
2 978
-
5 920
-
Corporate
17 407
35 000
-
-
income

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

15 667
31 500
-
-
total
15 667
31 500
-
-
Dividends
1 741
3 500
-
-
withholding
331
665
-
-
total
331
665
-
-
Income
35 000
35 000
35 000
35 000
Total tax
24 300
32 165
17 412
10 928
After tax
10 700
2 835
17 588
24 072
Living cost
9 290
9 290
9 290
9 290
Free-cash
1 410
-6 455
8 298
14 782

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
₴7325
₴5624
₴9217
₴4102
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

-
-
-
35 000
municipal
-
-
-
6 235
health
-
-
-
360
national
-
-
-
2 692
total
-
-
-
9 287
Employee
22 606
-
29 444
-
health
169
-
274
-
municipal
3 703
-
4 813
-
pensions
1 526
-
1 987
-
unemployment
339
-
442
-
national
373
-
1 330
-
total
6 110
-
8 846
-
Employer
22 606
-
29 444
-
accident
23
-
29
-
unemployment
147
-
192
-
pensions
3 922
-
5 108
-
health
174
-
227
-
total
4 266
-
5 556
-
Corporate
8 129
35 000
-
-
income
1 626
7 000
-
-
total
1 626
7 000
-
-
Dividends

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

4 877
21 000
-
-
national
-
399
-
-
municipal
878
3 780
-
-
total
878
4 179
-
-
Income
35 000
35 000
35 000
35 000
Total tax
12 880
11 179
14 402
9 287
After tax
22 120
23 821
20 598
25 713
Living cost
16 496
16 496
16 496
16 496
Free-cash
5 624
7 325
4 102
9 217

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
₴15335
₴13379
₴15859
₴15554
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
-
-
-
35 000
income
-
-
-
2 840
health
-
-
-
893
social contributions
-
-
-
5 460
total
-
-
-
9 193
Employee
33 040
33 040
33 040
-
social contributions
1 249
2 742
2 637
-
health
256
562
540
-
income
3 597
3 059
3 096
-
total
5 102
6 363
6 273
-
Employer
33 040
33 040
33 040
-
social contributions
1 249
2 742
2 637
-
health
278
612
588
-
total
1 527
3 354
3 225
-
Corporate
18 422
-
-
-
income
2 303
-
-
-
total
2 303
-
-
-
Dividends
16 119
-
-
-
withholding
2 741
-
-
-
total
2 741
-
-
-
Income
35 000
35 000
35 000
35 000
Total tax
11 673
9 717
9 498
9 193
After tax
23 327
25 283
25 502
25 807
Living cost
9 948
9 948
9 948
9 948
Free-cash
13 379
15 335
15 554
15 859

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
₴22161
₴19976
₴20653
₴14794
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
-
-
-
35 000
income
-
-
-
3 225
pensions
-
-
-
2 733
unemployment
-
-
-
12
health
-
-
-
1 555
total
-
-
-
7 525
Employee

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

9 862
-
31 732
-
health
838
-
2 697
-
income
674
-
2 501
-
pensions
1 479
-
4 759
-
unemployment
49
-
159
-
total
3 040
-
10 116
-
Employer

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

9 862
-
31 732
-
unemployment
49
-
159
-
pensions
542
-
1 745
-
health
424
-
1 364
-
total
1 015
-
3 268
-
Corporate
24 122
35 000
-
-
income
2 171
3 150
-
-
total
2 171
3 150
-
-
Dividends
21 951
31 850
-
-
withholding
1 976
2 867
-
-
total
1 976
2 867
-
-
Income
35 000
35 000
35 000
35 000
Total tax
8 202
6 017
13 384
7 525
After tax
26 798
28 983
21 616
27 475
Living cost
6 822
6 822
6 822
6 822
Free-cash
19 976
22 161
14 794
20 653

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
₴11784
₴9532
₴6830
₴7077
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
-
-
-
35 000
accident
-
-
-
315
income
-
-
-
5 854
pensions
-
-
-
9 905
other
-
-
-
35
unemployment
-
-
-
245
total
-
-
-
16 354
Employee
15 888
-
26 540
-
other
15
-
27
-
income
3 063
-
5 960
-
pensions
747
-
1 248
-
unemployment
246
-
412
-
total
4 071
-
7 647
-
Employer
15 888
-
26 540
-
accident
315
-
525
-
other
127
-
212
-
unemployment
874
-
1 460
-
pensions
3 749
-
6 263
-
total
5 065
-
8 460
-
Corporate
14 047
35 000
-
-
income

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

2 107
5 250
-
-
total
2 107
5 250
-
-
Dividends
11 940
29 750
-
-
withholding
2 409
6 150
-
-
total
2 409
6 150
-
-
Income
35 000
35 000
35 000
35 000
Total tax
13 652
11 400
16 107
16 354
After tax
21 348
23 600
18 893
18 646
Living cost
11 816
11 816
11 816
11 816
Free-cash
9 532
11 784
7 077
6 830

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
₴20663
₴20469
₴20882
₴20798
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
-
-
-
35 000
income
-
-
-
11 461
pensions
-
-
-
858
health
-
-
-
622
total
-
-
-
12 941
Employee
1 792
-
34 035
-
health
90
-
215
-
income
347
-
11 415
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
616
-
12 059
-
Employer
1 792
-
34 035
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
408
-
total
403
-
966
-
Corporate
32 805
35 000
-
-
income
7 217
7 700
-
-
total
7 217
7 700
-
-
Dividends
25 588
27 300
-
-
withholding
5 118
5 460
-
-
total
5 118
5 460
-
-
Income
35 000
35 000
35 000
35 000
Total tax
13 354
13 160
13 025
12 941
After tax
21 646
21 840
21 975
22 059
Living cost
1 177
1 177
1 177
1 177
Free-cash
20 469
20 663
20 798
20 882

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
₴17857
₴15744
₴10124
₴10630
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.

-
-
-
35 000
income
-
-
-
5 445
pensions
-
-
-
8 255
unemployment
-
-
-
476
health
-
-
-
3 270
total
-
-
-
17 446
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
-
29 686
-
health
577
-
1 529
-
income
1 544
-
5 718
-
pensions
1 569
-
4 156
-
unemployment
84
-
223
-
total
3 774
-
11 626
-
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
-
29 686
-
unemployment
84
-
223
-
pensions
1 344
-
3 562
-
health
577
-
1 529
-
total
2 005
-
5 314
-
Corporate
21 790
35 000
-
-
income
3 269
5 250
-
-
total
3 269
5 250
-
-
Dividends
18 522
29 750
-
-
withholding
2 778
4 463
-
-
total
2 778
4 463
-
-
Income
35 000
35 000
35 000
35 000
Total tax
11 826
9 713
16 940
17 446
After tax
23 174
25 287
18 060
17 554
Living cost
7 430
7 430
7 430
7 430
Free-cash
15 744
17 857
10 630
10 124

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
₴8324
₴8169
₴8210
₴6727
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.

-
-
-
35 000
income
-
-
-
3 044
surtax
-
-
-
-
social contributions

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

-
-
-
12 162
total
-
-
-
15 206
Employee
16 677
-
28 283
-
social contributions
1 835
-
3 112
-
surtax
-
-
-
-
income
3 258
-
6 860
-
total
5 093
-
9 972
-
Employer
16 677
-
28 283
-
social contributions
3 960
-
6 717
-
total
3 960
-
6 717
-
Corporate
14 363
35 000
-
-
surtax
-
-
-
-
income
3 016
7 350
-
-
total
3 016
7 350
-
-
Dividends
11 347
27 650
-
-
withholding
3 178
7 742
-
-
total
3 178
7 742
-
-
Income
35 000
35 000
35 000
35 000
Total tax
15 247
15 092
16 689
15 206
After tax
19 753
19 908
18 311
19 794
Living cost
11 584
11 584
11 584
11 584
Free-cash
8 169
8 324
6 727
8 210

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
₴8499
₴5223
₴3545
₴3792
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
-
-
-
35 000
accident
-
-
-
315
income
-
-
-
5 854
pensions
-
-
-
9 905
other
-
-
-
35
unemployment
-
-
-
245
total
-
-
-
16 354
Employee
20 751
-
26 540
-
other
20
-
27
-
income
4 334
-
5 960
-
pensions
975
-
1 248
-
unemployment
321
-
412
-
total
5 650
-
7 647
-
Employer
20 751
-
26 540
-
accident
411
-
525
-
other
166
-
212
-
unemployment
1 142
-
1 460
-
pensions
4 897
-
6 263
-
total
6 616
-
8 460
-
Corporate
7 633
35 000
-
-
income

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

1 145
5 250
-
-
total
1 145
5 250
-
-
Dividends
6 488
29 750
-
-
withholding
1 265
6 150
-
-
total
1 265
6 150
-
-
Income
35 000
35 000
35 000
35 000
Total tax
14 676
11 400
16 107
16 354
After tax
20 324
23 600
18 893
18 646
Living cost
15 101
15 101
15 101
15 101
Free-cash
5 223
8 499
3 792
3 545

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
₴22535
₴19917
₴18353
₴19288
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
-
-
-
35 000
income
-
-
-
5 250
pensions

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

-
-
-
2 221
unemployment
-
-
-
60
health
-
-
-
1 726
total
-
-
-
9 257
Employee
9 786
-
32 056
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
income
979
-
3 205
-
pensions

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

859
-
1 318
-
total
2 396
-
5 378
-
Employer
9 786
-
32 056
-
accident

We are using the highest rate at 1.1%.

108
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 654
-
health
675
-
1 035
-
total
1 920
-
2 944
-
Corporate
23 294
35 000
-
-
income
2 329
3 500
-
-
total
2 329
3 500
-
-
Dividends
20 965
31 500
-
-
withholding
1 048
1 575
-
-
total
1 048
1 575
-
-
Income
35 000
35 000
35 000
35 000
Total tax
7 693
5 075
8 322
9 257
After tax
27 307
29 925
26 678
25 743
Living cost
7 390
7 390
7 390
7 390
Free-cash
19 917
22 535
19 288
18 353

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
₴1490
₴7112
₴6982
₴9138
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.

-
-
-
35 000
trade
-
-
-
2 156
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.

-
-
-
6 008
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.

-
-
-
330
total
-
-
-
11 429
Employee

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

21 379
-
35 000
-
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
-
330
-
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
-
6 008
-
total
4 790
-
9 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 621
35 000
-
-
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.

113
289
-
-
income
2 043
5 250
-
-
trade
1 954
5 023
-
-
chamber of commerce
85
117
-
-
total
4 195
10 679
-
-
Dividends
9 426
24 322
-
-
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.

121
325
-
-
withholding
2 193
5 917
-
-
total
2 314
6 242
-
-
Income
35 000
35 000
35 000
35 000
Total tax
11 299
16 921
9 273
11 429
After tax
23 701
18 079
25 727
23 571
Living cost
16 589
16 589
16 589
16 589
Free-cash
7 112
1 490
9 138
6 982

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
₴24
₴973
₴681
₴681
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
-
-
-
35 000
income
-
-
-
6 898
social contributions
-
-
-
2 945
total
-
-
-
9 843
Employee
33 610
-
35 000
-
income
6 342
-
6 898
-
social contributions
2 792
-
2 945
-
total
9 134
-
9 843
-
Employer
33 610
-
35 000
-
total
-
-
-
-
Corporate
1 390
35 000
-
-
income
174
4 375
-
-
total
174
4 375
-
-
Dividends
1 216
30 625
-
-
withholding
243
6 125
-
-
total
243
6 125
-
-
Income
35 000
35 000
35 000
35 000
Total tax
9 551
10 500
9 843
9 843
After tax
25 449
24 500
25 157
25 157
Living cost
24 476
24 476
24 476
24 476
Free-cash
973
24
681
681

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
₴4883
₴7356
₴4293
₴9985
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.

-
-
-
35 000
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
-
33 024
-
income
2 139
-
5 466
-
social contributions
1 975
-
1 976
-
total
4 114
-
7 442
-
Employer
19 711
-
33 024
-
social contributions
1 975
-
1 976
-
total
1 975
-
1 976
-
Corporate
13 314
35 000
-
-
income
4 660
12 250
-
-
total
4 660
12 250
-
-
Dividends
8 654
22 750
-
-
social contributions
1 298
2 270
-
-
total
1 298
2 270
-
-
Income
35 000
35 000
35 000
35 000
Total tax
12 047
14 520
9 418
15 110
After tax
22 953
20 480
25 582
19 890
Living cost
15 597
15 597
15 597
15 597
Free-cash
7 356
4 883
9 985
4 293

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
₴10284
₴7862
₴10112
₴6235
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
-
-
-
35 000
income
-
-
-
6 514
pensions
-
-
-
2 434
total
-
-
-
8 948
Employee
21 880
-
30 950
-
health
285
-
472
-
income
3 984
-
5 544
-
pensions
1 670
-
2 759
-
total
5 939
-
8 775
-
Employer
21 880
-
30 950
-
pensions
2 211
-
3 462
-
health
416
-
588
-
total
2 627
-
4 050
-
Corporate
10 494
35 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

1 994
6 650
-
-
total
1 994
6 650
-
-
Dividends
8 500
28 350
-
-
withholding
638
2 126
-
-
total
638
2 126
-
-
Income
35 000
35 000
35 000
35 000
Total tax
11 198
8 776
12 825
8 948
After tax
23 802
26 224
22 175
26 052
Living cost
15 940
15 940
15 940
15 940
Free-cash
7 862
10 284
6 235
10 112

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
-₴7375
₴1271
₴13862
₴7378
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
-
-
-
35 000
accident
-
-
-
108
income
-
-
-
7 943
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
10 928
Employee
16 061
-
29 080
-
health
1 839
-
3 330
-
income
2 203
-
4 892
-
pensions
1 808
-
3 270
-
total
5 850
-
11 492
-
Employer
16 061
-
29 080
-
accident
268
-
486
-
unemployment
393
-
712
-
pensions
2 611
-
4 722
-
total
3 272
-
5 920
-
Corporate
15 666
35 000
-
-
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.

14 099
31 500
-
-
total
14 099
31 500
-
-
Dividends
1 567
3 500
-
-
withholding
298
665
-
-
total
298
665
-
-
Income
35 000
35 000
35 000
35 000
Total tax
23 519
32 165
17 412
10 928
After tax
11 481
2 835
17 588
24 072
Living cost
10 210
10 210
10 210
10 210
Free-cash
1 271
-7 375
7 378
13 862

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

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Skopje , Macedonia
₴23947
₴21860
₴14417
₴14595
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.

-
-
-
35 000
work injury
-
-
-
175
health insurance
-
-
-
2 590
income
-
-
-
5 155
pensions
-
-
-
6 440
unemployment
-
-
-
420
total
-
-
-
14 780
Employee

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

9 285
-
35 000
-
work injury
46
-
172
-
income
928
-
5 155
-
pensions
1 708
-
6 321
-
health insurance
687
-
2 542
-
unemployment
111
-
412
-
total
3 480
-
14 602
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 715
35 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
25 715
35 000
-
-
withholding
3 857
5 250
-
-
total
3 857
5 250
-
-
Income
35 000
35 000
35 000
35 000
Total tax
7 337
5 250
14 602
14 780
After tax
27 663
29 750
20 398
20 220
Living cost
5 803
5 803
5 803
5 803
Free-cash
21 860
23 947
14 595
14 417

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.
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Source of data for Skopje model

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Rome , Italy
₴1319
-₴1208
₴1142
-₴459
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
-
-
-
35 000
municipal
-
-
-
234
regional
-
-
-
626
national
-
-
-
6 879
social contributions
-
-
-
9 002
total
-
-
-
16 741
Employee
36 207
-
35 000
-
social contributions
12 209
-
11 802
-
regional
547
-
516
-
municipal
216
-
209
-
national
6 119
-
5 815
-
total
19 091
-
18 342
-
Employer
36 207
-
35 000
-
total
-
-
-
-
Corporate
-
35 000
-
-
nationa
-
8 400
-
-
municipal
-
1 687
-
-
total
-
10 087
-
-
Dividends
-
24 913
-
-
withholding
-
6 477
-
-
total
-
6 477
-
-
Income
35 000
35 000
35 000
35 000
Total tax
19 091
16 564
18 342
16 741
After tax
15 909
18 436
16 658
18 259
Living cost
17 117
17 117
17 117
17 117
Free-cash
-1 208
1 319
-459
1 142

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.
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Source of data for Rome model

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