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
₴ 35500
per

Your estimated
City
free-cash

Dresden , Germany
₴5072
₴9782
₴10638
₴13111
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.

-
-
-
35 500
trade
-
-
-
2 473
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.

-
-
-
6 239
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.

-
-
-
2 909
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.

-
-
-
343
total
-
-
-
11 964
Employee

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

16 287
-
35 500
-
health

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

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

2 909
-
2 909
-
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
-
343
-
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.

455
-
6 239
-
total
3 389
-
9 491
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 213
35 500
-
-
surtax

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

158
293
-
-
income
2 882
5 325
-
-
trade
3 026
5 591
-
-
chamber of commerce
92
116
-
-
total
6 158
11 325
-
-
Dividends
13 054
24 176
-
-
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.

171
323
-
-
withholding
3 102
5 882
-
-
total
3 273
6 205
-
-
Income
35 500
35 500
35 500
35 500
Total tax
12 820
17 530
9 491
11 964
After tax
22 680
17 970
26 009
23 536
Living cost
12 898
12 898
12 898
12 898
Free-cash
9 782
5 072
13 111
10 638

Estimated living cost  is ₴12898 per week

₴8113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1504
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.
₴3040
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
₴697
-₴778
₴193
₴471
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
-
-
-
35 500
municipal
-
-
-
3 612
pensions
-
-
-
4 260
national
-
-
-
5 598
social contributions
-
-
-
382
total
-
-
-
13 852
Employee
33 259
-
30 689
-
municipal
4 108
-
3 750
-
pensions
1 330
-
1 228
-
national
6 366
-
5 811
-
total
11 804
-
10 789
-
Employer
33 259
-
30 689
-
social contributions
358
-
330
-
pensions
2 661
-
2 455
-
total
3 019
-
2 785
-
Corporate
-
35 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
7 100
-
-
total
-
7 100
-
-
Dividends
-
28 400
-
-
withholding
-
6 248
-
-
total
-
6 248
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 823
13 348
13 574
13 852
After tax
20 677
22 152
21 926
21 648
Living cost
21 455
21 455
21 455
21 455
Free-cash
-778
697
471
193

Estimated living cost  is ₴21455 per week

₴14583
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.
₴321
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₴19541
₴16048
₴10173
₴11231
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.

-
-
-
35 500
microenterprise
-
-
-
-
income
-
-
-
5 055
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.

-
-
-
11 413
total
-
-
-
16 468
Employee
12 443
-
28 608
-
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.

1 369
-
3 147
-
surtax
-
-
-
-
income
2 215
-
5 371
-
total
3 584
-
8 518
-
Employer
12 443
-
28 608
-
social contributions

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

2 997
-
6 892
-
surtax
-
-
-
-
total
2 997
-
6 892
-
Corporate
20 060
35 500
-
-
income

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

4 012
7 100
-
-
total
4 012
7 100
-
-
Dividends

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

16 048
28 400
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
10 593
7 100
15 410
16 468
After tax
24 907
28 400
20 090
19 032
Living cost
8 859
8 859
8 859
8 859
Free-cash
16 048
19 541
11 231
10 173

Estimated living cost  is ₴8859 per week

₴5652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2162
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
-₴4394
-₴6784
₴2352
-₴6784
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
-
-
-
35 500
income
-
-
-
5 623
pensions
-
-
-
4 989
health
-
-
-
4 698
total
-
-
-
15 310
Employee
36 363
36 363
36 363
-
health
5 581
4 747
5 581
-
income

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

5 952
5 952
5 952
-
pensions
6 545
4 989
6 545
-
total
18 078
15 688
18 078
-
Employer
36 363
36 363
36 363
-
unemployment
1 309
1 309
1 309
-
pensions
2 531
2 531
2 531
-
health
2 528
2 528
2 528
-
total
6 368
6 368
6 368
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
24 446
22 056
24 446
15 310
After tax
11 054
13 444
11 054
20 190
Living cost
17 838
17 838
17 838
17 838
Free-cash
-6 784
-4 394
-6 784
2 352

Estimated living cost  is ₴17838 per week

₴12641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3305
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
₴2972
₴2604
₴1285
₴2547
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
-
-
-
35 500
municipal
-
-
-
7 519
accident
-
-
-
71
pensions
-
-
-
3 838
other
-
-
-
4 125
unemployment
-
-
-
36
health
-
-
-
2 215
national
-
-
-
-
total
-
-
-
17 804
Employee
23 384
-
27 013
-
municipal
6 973
-
8 055
-
national
-
-
-
-
total
6 973
-
8 055
-
Employer
23 384
-
27 013
-
accident
47
-
54
-
other
2 717
-
3 139
-
unemployment
617
-
713
-
pensions
2 528
-
2 920
-
health
1 438
-
1 661
-
total
7 347
-
8 487
-
Corporate
4 769
35 500
-
-
income
1 049
7 810
-
-
total
1 049
7 810
-
-
Dividends
3 720
27 690
-
-
withholding
1 116
8 307
-
-
total
1 116
8 307
-
-
Income
35 500
35 500
35 500
35 500
Total tax
16 485
16 117
16 542
17 804
After tax
19 015
19 383
18 958
17 696
Living cost
16 411
16 411
16 411
16 411
Free-cash
2 604
2 972
2 547
1 285

Estimated living cost  is ₴16411 per week

₴10876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1610
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.
₴3675
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
₴1059
₴7041
₴6698
₴9281
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.

-
-
-
35 500
trade
-
-
-
2 583
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.

-
-
-
6 239
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.

-
-
-
2 909
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.

-
-
-
343
total
-
-
-
12 074
Employee

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

21 594
-
35 500
-
health

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

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

2 909
-
2 909
-
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.

102
-
343
-
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.

1 855
-
6 239
-
total
4 866
-
9 491
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 906
35 500
-
-
surtax

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

115
293
-
-
income
2 086
5 325
-
-
trade
2 288
5 840
-
-
chamber of commerce
84
115
-
-
total
4 573
11 573
-
-
Dividends
9 334
23 928
-
-
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.

120
320
-
-
withholding
2 172
5 820
-
-
total
2 292
6 140
-
-
Income
35 500
35 500
35 500
35 500
Total tax
11 731
17 713
9 491
12 074
After tax
23 769
17 787
26 009
23 426
Living cost
16 728
16 728
16 728
16 728
Free-cash
7 041
1 059
9 281
6 698

Estimated living cost  is ₴16728 per week

₴11188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1764
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.
₴3526
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
₴12059
₴10449
₴12264
₴12149
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
-
-
-
35 500
income
-
-
-
2 982
health
-
-
-
905
social contributions
-
-
-
5 538
total
-
-
-
9 425
Employee
32 743
32 743
32 743
-
social contributions
1 591
2 718
2 675
-
health
326
557
548
-
income
3 438
3 031
3 046
-
total
5 355
6 306
6 269
-
Employer
32 743
32 743
32 743
-
social contributions
1 591
2 718
2 675
-
health
355
606
596
-
total
1 946
3 324
3 271
-
Corporate
14 388
-
-
-
income
1 799
-
-
-
total
1 799
-
-
-
Dividends
12 589
-
-
-
withholding
2 140
-
-
-
total
2 140
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
11 240
9 630
9 540
9 425
After tax
24 260
25 870
25 960
26 075
Living cost
13 811
13 811
13 811
13 811
Free-cash
10 449
12 059
12 149
12 264

Estimated living cost  is ₴13811 per week

₴9441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3059
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
₴12270
₴12434
₴16838
₴12825
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
-
-
-
35 500
income
-
-
-
4 340
pensions
-
-
-
3 550
unemployment
-
-
-
533
health
-
-
-
2 485
total
-
-
-
10 908
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.

11 192
4 454
29 707
-
health
783
312
2 079
-
income
1 368
545
3 632
-
pensions
1 119
445
2 971
-
unemployment
168
67
446
-
total
3 438
1 369
9 128
-
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.

11 192
4 454
29 707
-
pensions
2 183
869
5 793
-
total
2 183
869
5 793
-
Corporate
22 125
30 177
-
-
income
1 991
2 716
-
-
total
1 991
2 716
-
-
Dividends
20 134
27 461
-
-
social contributions
3 875
5 304
-
-
withholding
3 825
5 218
-
-
total
7 700
10 522
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 312
15 476
14 921
10 908
After tax
20 188
20 024
20 579
24 592
Living cost
7 754
7 754
7 754
7 754
Free-cash
12 434
12 270
12 825
16 838

Estimated living cost  is ₴7754 per week

₴5291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1673
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
₴18115
₴15470
₴8743
₴10177
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
-
-
-
35 500
income
-
-
-
4 757
pensions
-
-
-
7 100
health
-
-
-
4 615
total
-
-
-
16 472
Employee
12 080
-
26 531
-
income
1 360
-
5 115
-
pensions
242
-
531
-
unemployment
193
-
424
-
total
1 795
-
6 070
-
Employer
12 080
-
26 531
-
unemployment
97
-
213
-
pensions
2 416
-
5 306
-
health
1 570
-
3 449
-
total
4 083
-
8 968
-
Corporate
19 337
35 500
-
-
income
3 867
7 100
-
-
total
3 867
7 100
-
-
Dividends
15 470
28 400
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
9 745
7 100
15 038
16 472
After tax
25 755
28 400
20 462
19 028
Living cost
10 285
10 285
10 285
10 285
Free-cash
15 470
18 115
10 177
8 743

Estimated living cost  is ₴10285 per week

₴7054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴613
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.
₴2411
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
-₴6400
₴1452
₴15132
₴8645
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
-
-
-
35 500
accident
-
-
-
106
income
-
-
-
8 156
pensions
-
-
-
1 754
other
-
-
-
156
health
-
-
-
920
total
-
-
-
11 092
Employee
14 592
-
29 634
-
health
1 671
-
3 393
-
income
2 002
-
5 103
-
pensions
1 643
-
3 217
-
total
5 316
-
11 713
-
Employer
14 592
-
29 634
-
accident
244
-
495
-
unemployment
357
-
726
-
pensions
2 373
-
4 645
-
total
2 974
-
5 866
-
Corporate
17 934
35 500
-
-
income

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

16 141
31 950
-
-
total
16 141
31 950
-
-
Dividends
1 794
3 550
-
-
withholding
341
674
-
-
total
341
674
-
-
Income
35 500
35 500
35 500
35 500
Total tax
24 772
32 624
17 579
11 092
After tax
10 728
2 876
17 921
24 408
Living cost
9 276
9 276
9 276
9 276
Free-cash
1 452
-6 400
8 645
15 132

Estimated living cost  is ₴9276 per week

₴6799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴194
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.
₴1770
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
₴29838
₴29109
₴31258
₴24513
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%.

-
-
-
35 500
microenterprise

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

-
-
-
355
total
-
-
-
355
Employee
4 858
-
35 500
-
income
972
-
7 100
-
total
972
-
7 100
-
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%.

30 642
35 500
-
-
total
-
-
-
-
Dividends
30 642
35 500
-
-
withholding
1 532
1 775
-
-
total
1 532
1 775
-
-
Income
35 500
35 500
35 500
35 500
Total tax
2 504
1 775
7 100
355
After tax
32 996
33 725
28 400
35 145
Living cost
3 887
3 887
3 887
3 887
Free-cash
29 109
29 838
24 513
31 258

Estimated living cost  is ₴3887 per week

₴2409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴323
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.
₴1048
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
₴14736
₴11859
₴7877
₴9461
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
-
-
-
35 500
income
-
-
-
4 509
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.

-
-
-
8 520
other
-
-
-
1 686
health
-
-
-
1 562
total
-
-
-
16 277
Employee
15 461
-
28 354
-
health
217
-
397
-
income
2 662
-
4 881
-
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.

1 082
-
1 985
-
unemployment
154
-
284
-
total
4 115
-
7 547
-
Employer
15 461
-
28 354
-
accident
124
-
227
-
other
773
-
1 418
-
unemployment
154
-
284
-
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.

2 629
-
4 820
-
health
217
-
397
-
total
3 897
-
7 146
-
Corporate
16 143
35 500
-
-
income
3 390
7 455
-
-
total
3 390
7 455
-
-
Dividends
12 753
28 045
-
-
withholding
893
1 963
-
-
total
893
1 963
-
-
Income
35 500
35 500
35 500
35 500
Total tax
12 295
9 418
14 693
16 277
After tax
23 205
26 082
20 807
19 223
Living cost
11 346
11 346
11 346
11 346
Free-cash
11 859
14 736
9 461
7 877

Estimated living cost  is ₴11346 per week

₴8017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2381
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
-₴2139
-₴10732
-₴2318
-₴6262
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
-
-
-
35 500
income
-
-
-
6 604
pensions
-
-
-
2 477
total
-
-
-
9 081
Employee
40 659
-
31 384
-
health
670
-
480
-
income
7 329
-
5 619
-
pensions
3 923
-
2 810
-
total
11 922
-
8 909
-
Employer
40 659
-
31 384
-
pensions
4 801
-
3 520
-
health
772
-
596
-
total
5 573
-
4 116
-
Corporate
-
35 500
-
-
income

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

-
6 745
-
-
total
-
6 745
-
-
Dividends
-
28 755
-
-
withholding
-
2 157
-
-
total
-
2 157
-
-
Income
35 500
35 500
35 500
35 500
Total tax
17 495
8 902
13 025
9 081
After tax
18 005
26 598
22 475
26 419
Living cost
28 737
28 737
28 737
28 737
Free-cash
-10 732
-2 139
-6 262
-2 318

Estimated living cost  is ₴28737 per week

₴21534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3376
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.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴24765
₴22787
₴20613
₴21579
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
-
-
-
35 500
income
-
-
-
5 325
pensions

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

-
-
-
2 203
unemployment
-
-
-
60
health
-
-
-
1 712
total
-
-
-
9 300
Employee
7 398
-
32 580
-
health
340
-
685
-
accident

We are using the highest rate at 1.1%.

81
-
164
-
income
740
-
3 258
-
pensions

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

650
-
1 307
-
total
1 811
-
5 414
-
Employer
7 398
-
32 580
-
accident

We are using the highest rate at 1.1%.

81
-
164
-
unemployment
44
-
89
-
pensions

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

815
-
1 640
-
health
511
-
1 027
-
total
1 451
-
2 920
-
Corporate
26 651
35 500
-
-
income
2 665
3 550
-
-
total
2 665
3 550
-
-
Dividends
23 986
31 950
-
-
withholding
1 199
1 598
-
-
total
1 199
1 598
-
-
Income
35 500
35 500
35 500
35 500
Total tax
7 126
5 148
8 334
9 300
After tax
28 374
30 352
27 166
26 200
Living cost
5 587
5 587
5 587
5 587
Free-cash
22 787
24 765
21 579
20 613

Estimated living cost  is ₴5587 per week

₴3262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1778
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
-₴10168
-₴10889
-₴3422
-₴12558
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
-
-
-
35 500
income
-
-
-
5 623
pensions
-
-
-
4 989
health
-
-
-
4 698
total
-
-
-
15 310
Employee
39 478
36 363
36 363
-
health
4 925
4 747
5 581
-
income

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

5 952
5 952
5 952
-
pensions
4 989
4 989
6 545
-
total
15 866
15 688
18 078
-
Employer
39 478
36 363
36 363
-
unemployment
1 421
1 309
1 309
-
pensions
2 747
2 531
2 531
-
health
2 743
2 528
2 528
-
total
6 911
6 368
6 368
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
22 777
22 056
24 446
15 310
After tax
12 723
13 444
11 054
20 190
Living cost
23 612
23 612
23 612
23 612
Free-cash
-10 889
-10 168
-12 558
-3 422

Estimated living cost  is ₴23612 per week

₴17418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴3815
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
₴14233
₴10590
₴7081
₴7807
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
-
-
-
35 500
income
-
-
-
3 051
health
-
-
-
4 793
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 366
total
-
-
-
18 210
Employee
15 013
-
26 493
-
social contributions
976
-
1 722
-
health
2 027
-
3 576
-
solidarity contribution
-
-
-
-
income
1 802
-
3 179
-
total
4 805
-
8 477
-
Employer
15 013
-
26 493
-
social contributions
3 753
-
6 623
-
health
1 351
-
2 384
-
total
5 104
-
9 007
-
Corporate
15 383
35 500
-
-
income
2 923
6 745
-
-
total
2 923
6 745
-
-
Dividends
12 460
28 755
-
-
withholding
1 869
4 313
-
-
total
1 869
4 313
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 701
11 058
17 484
18 210
After tax
20 799
24 442
18 016
17 290
Living cost
10 209
10 209
10 209
10 209
Free-cash
10 590
14 233
7 807
7 081

Estimated living cost  is ₴10209 per week

₴7091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2191
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
₴973
-₴2343
₴764
-₴925
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
-
-
-
35 500
municipal
-
-
-
211
regional
-
-
-
380
national
-
-
-
7 047
social contributions
-
-
-
9 130
total
-
-
-
16 768
Employee
37 844
-
35 500
-
social contributions
12 761
-
11 971
-
regional
357
-
330
-
municipal
200
-
188
-
national
6 557
-
5 968
-
total
19 875
-
18 457
-
Employer
37 844
-
35 500
-
total
-
-
-
-
Corporate
-
35 500
-
-
nationa
-
8 520
-
-
municipal
-
1 384
-
-
total
-
9 904
-
-
Dividends
-
25 596
-
-
withholding
-
6 655
-
-
total
-
6 655
-
-
Income
35 500
35 500
35 500
35 500
Total tax
19 875
16 559
18 457
16 768
After tax
15 625
18 941
17 043
18 732
Living cost
17 968
17 968
17 968
17 968
Free-cash
-2 343
973
-925
764

Estimated living cost  is ₴17968 per week

₴12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴3989
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
₴12933
₴11609
₴9595
₴8918
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
-
-
-
35 500
income
-
-
-
6 145
pensions
-
-
-
7 100
other
-
-
-
-
unemployment
-
-
-
97
health
-
-
-
2 521
surtax
-
-
-
646
total
-
-
-
16 509
Employee
14 081
-
29 326
-
other
-
-
-
-
health
360
-
747
-
surtax
46
-
568
-
income
2 360
-
5 701
-
pensions
939
-
1 956
-
unemployment
980
-
2 041
-
total
4 685
-
11 013
-
Employer
14 081
-
29 326
-
other
-
-
-
-
unemployment
446
-
929
-
pensions
1 877
-
3 909
-
health
641
-
1 335
-
total
2 964
-
6 173
-
Corporate
18 455
35 500
-
-
income
4 798
9 230
-
-
total
4 798
9 230
-
-
Dividends
13 656
26 270
-
-
withholding
2 048
3 941
-
-
total
2 048
3 941
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 495
13 171
17 186
16 509
After tax
21 005
22 329
18 314
18 991
Living cost
9 396
9 396
9 396
9 396
Free-cash
11 609
12 933
8 918
9 595

Estimated living cost  is ₴9396 per week

₴5745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
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.
₴2567
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
₴6965
₴3582
₴6786
₴2842
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
-
-
-
35 500
income
-
-
-
6 604
pensions
-
-
-
2 477
total
-
-
-
9 081
Employee
27 249
-
31 384
-
health
396
-
480
-
income
4 908
-
5 619
-
pensions
2 313
-
2 810
-
total
7 617
-
8 909
-
Employer
27 249
-
31 384
-
pensions
2 950
-
3 520
-
health
518
-
596
-
total
3 468
-
4 116
-
Corporate
4 784
35 500
-
-
income

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

909
6 745
-
-
total
909
6 745
-
-
Dividends
3 875
28 755
-
-
withholding
291
2 157
-
-
total
291
2 157
-
-
Income
35 500
35 500
35 500
35 500
Total tax
12 285
8 902
13 025
9 081
After tax
23 215
26 598
22 475
26 419
Living cost
19 633
19 633
19 633
19 633
Free-cash
3 582
6 965
2 842
6 786

Estimated living cost  is ₴19633 per week

₴14709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
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.
₴3247
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
-₴16217
-₴6092
-₴2632
-₴4448
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
-
-
-
35 500
city
-
-
-
374
pensions
-
-
-
3 265
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.

-
-
-
710
regional
-
-
-
1 072
health
-
-
-
106
national
-
-
-
155
total
-
-
-
5 682
Employee
37 975
-
31 775
-
city
408
-
342
-
regional
1 243
-
908
-
health
86
-
72
-
pensions
3 190
-
2 669
-
unemployment
-
-
-
-
national
180
-
131
-
total
5 107
-
4 122
-
Employer
37 975
-
31 775
-
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.

759
-
635
-
unemployment
-
-
-
-
pensions
3 190
-
2 669
-
health
86
-
72
-
total
4 035
-
3 376
-
Corporate
-
35 500
-
-
regional
-
7 508
-
-
national
-
3 018
-
-
total
-
10 526
-
-
Dividends
-
24 974
-
-
withholding
-
8 741
-
-
total
-
8 741
-
-
Income
35 500
35 500
35 500
35 500
Total tax
9 142
19 267
7 498
5 682
After tax
26 358
16 233
28 002
29 818
Living cost
32 450
32 450
32 450
32 450
Free-cash
-6 092
-16 217
-4 448
-2 632

Estimated living cost  is ₴32450 per week

₴21102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴398
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.
₴8038
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
-₴1903
₴5002
₴3809
₴6502
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.

-
-
-
35 500
trade
-
-
-
2 693
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.

-
-
-
6 239
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.

-
-
-
2 909
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.

-
-
-
343
total
-
-
-
12 184
Employee

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

25 591
-
35 500
-
health

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

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

2 909
-
2 909
-
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.

166
-
343
-
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.

3 009
-
6 239
-
total
6 084
-
9 491
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 909
35 500
-
-
surtax

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

82
293
-
-
income
1 486
5 325
-
-
trade
1 699
6 088
-
-
chamber of commerce
78
115
-
-
total
3 345
11 821
-
-
Dividends
6 564
23 680
-
-
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.

82
317
-
-
withholding
1 480
5 758
-
-
total
1 562
6 075
-
-
Income
35 500
35 500
35 500
35 500
Total tax
10 991
17 896
9 491
12 184
After tax
24 509
17 604
26 009
23 316
Living cost
19 507
19 507
19 507
19 507
Free-cash
5 002
-1 903
6 502
3 809

Estimated living cost  is ₴19507 per week

₴14247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3446
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
₴3323
₴5836
₴6049
₴6228
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
-
-
-
35 500
income
-
-
-
2 368
pensions
-
-
-
10 095
other
-
-
-
1 101
health
-
-
-
306
surtax
-
-
-
-
social contributions
-
-
-
1 012
total
-
-
-
14 882
Employee
18 224
-
27 053
-
social contributions
520
-
770
-
surtax
-
-
-
-
income
1 076
-
2 426
-
pensions
2 061
-
3 060
-
total
3 657
-
6 256
-
Employer
18 224
-
27 053
-
other
629
-
933
-
social contributions
55
-
81
-
unemployment
738
-
1 096
-
pensions
2 994
-
4 444
-
health
1 276
-
1 893
-
total
5 692
-
8 447
-
Corporate
11 585
35 500
-
-
surtax
-
-
-
-
income
3 244
9 940
-
-
total
3 244
9 940
-
-
Dividends
8 341
25 560
-
-
surtax
-
-
-
-
social contributions
1 435
4 396
-
-
withholding
1 067
3 272
-
-
total
2 502
7 668
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 095
17 608
14 703
14 882
After tax
20 405
17 892
20 797
20 618
Living cost
14 569
14 569
14 569
14 569
Free-cash
5 836
3 323
6 228
6 049

Estimated living cost  is ₴14569 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3951
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
₴4767
₴7131
₴7493
₴7672
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
-
-
-
35 500
income
-
-
-
2 368
pensions
-
-
-
10 095
other
-
-
-
1 101
health
-
-
-
306
surtax
-
-
-
-
social contributions
-
-
-
1 012
total
-
-
-
14 882
Employee
16 268
-
27 053
-
social contributions
464
-
770
-
surtax
-
-
-
-
income
839
-
2 426
-
pensions
1 840
-
3 060
-
total
3 143
-
6 256
-
Employer
16 268
-
27 053
-
other
562
-
933
-
social contributions
48
-
81
-
unemployment
659
-
1 096
-
pensions
2 673
-
4 444
-
health
1 139
-
1 893
-
total
5 081
-
8 447
-
Corporate
14 152
35 500
-
-
surtax
-
-
-
-
income
3 963
9 940
-
-
total
3 963
9 940
-
-
Dividends
10 189
25 560
-
-
surtax
-
-
-
-
social contributions
1 753
4 396
-
-
withholding
1 304
3 272
-
-
total
3 057
7 668
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 244
17 608
14 703
14 882
After tax
20 256
17 892
20 797
20 618
Living cost
13 125
13 125
13 125
13 125
Free-cash
7 131
4 767
7 672
7 493

Estimated living cost  is ₴13125 per week

₴7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1333
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.
₴3931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴12630
₴12851
₴13769
₴14197
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
-
-
-
35 500
income
-
-
-
5 325
health
-
-
-
2 478
social contributions
-
-
-
4 899
total
-
-
-
12 702
Employee
14 438
-
35 500
-
social contributions
1 993
-
4 899
-
health
1 008
-
2 478
-
income
2 408
-
4 897
-
total
5 409
-
12 274
-
Employer
14 438
-
35 500
-
total
-
-
-
-
Corporate
21 062
35 500
-
-
income

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

1 053
1 775
-
-
total
1 053
1 775
-
-
Dividends
20 009
33 725
-
-
health
1 396
2 354
-
-
social contributions
2 761
4 654
-
-
withholding
3 001
5 058
-
-
total
7 158
12 066
-
-
Income
35 500
35 500
35 500
35 500
Total tax
13 620
13 841
12 274
12 702
After tax
21 880
21 659
23 226
22 798
Living cost
9 029
9 029
9 029
9 029
Free-cash
12 851
12 630
14 197
13 769

Estimated living cost  is ₴9029 per week

₴6043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴5013
₴4358
₴3790
-₴3159
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
-
-
-
35 500
chamber of commerce
-
-
-
142
income
-
-
-
4 585
pensions
-
-
-
6 567
unemployment
-
-
-
2 612
health
-
-
-
2 716
surtax
-
-
-
84
total
-
-
-
16 706
Employee
21 280
16 969
27 502
-
other
213
170
275
-
health
823
657
1 064
-
income
2 423
1 252
4 206
-
pensions
2 179
1 737
2 816
-
unemployment
638
509
825
-
total
6 276
4 325
9 186
-
Employer
21 280
16 969
27 502
-
accident
276
221
357
-
other
1 011
806
1 306
-
chamber of commerce
85
68
110
-
unemployment
638
509
825
-
surtax
84
84
84
-
pensions
2 671
2 130
3 451
-
payroll
638
509
825
-
health
804
642
1 039
-
total
6 207
4 969
7 997
-
Corporate
8 012
13 563
25 886
-
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.

2 003
3 391
6 472
-
total
2 003
3 391
6 472
-
Dividends
6 009
10 172
-
-
withholding
1 652
2 798
-
-
total
1 652
2 798
-
-
Income
35 500
35 500
35 500
35 500
Total tax
16 138
15 483
23 655
16 706
After tax
19 362
20 017
11 845
18 794
Living cost
15 004
15 004
15 004
15 004
Free-cash
4 358
5 013
-3 159
3 790

Estimated living cost  is ₴15004 per week

₴10007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3471
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
₴4410
-₴3825
₴1894
-₴1262
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
-
-
-
35 500
national
-
-
-
11 104
communal

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

-
-
-
1 821
social contributions
-
-
-
5 155
total
-
-
-
18 080
Employee

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

30 459
-
27 496
-
communal

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

1 589
-
1 434
-
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.

1 431
-
1 292
-
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.

2 284
-
2 062
-
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.

265
-
239
-
national
9 364
-
8 205
-
total
14 933
-
13 232
-
Employer

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

30 459
-
27 496
-
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.

396
-
357
-
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.

444
-
402
-
surtax
3 454
-
3 118
-
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.

2 699
-
2 436
-
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.

1 873
-
1 691
-
total
8 866
-
8 004
-
Corporate
-
35 500
-
-
surtax
-
142
-
-
income
-
7 100
-
-
total
-
7 242
-
-
Dividends
-
28 258
-
-
withholding

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

-
8 322
-
-
total
-
8 322
-
-
Income
35 500
35 500
35 500
35 500
Total tax
23 799
15 564
21 236
18 080
After tax
11 701
19 936
14 264
17 420
Living cost
15 526
15 526
15 526
15 526
Free-cash
-3 825
4 410
-1 262
1 894

Estimated living cost  is ₴15526 per week

₴10001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3925
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
₴8557
₴5166
₴3498
₴3752
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
-
-
-
35 500
accident
-
-
-
319
income
-
-
-
5 973
pensions
-
-
-
10 047
other
-
-
-
36
unemployment
-
-
-
249
total
-
-
-
16 624
Employee
21 196
-
26 918
-
other
21
-
27
-
income
4 472
-
6 080
-
pensions
996
-
1 265
-
unemployment
329
-
417
-
total
5 818
-
7 789
-
Employer
21 196
-
26 918
-
accident
419
-
533
-
other
169
-
216
-
unemployment
1 166
-
1 480
-
pensions
5 002
-
6 352
-
total
6 756
-
8 581
-
Corporate
7 548
35 500
-
-
income

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

1 132
5 325
-
-
total
1 132
5 325
-
-
Dividends
6 416
30 175
-
-
withholding
1 250
6 240
-
-
total
1 250
6 240
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 956
11 565
16 370
16 624
After tax
20 544
23 935
19 130
18 876
Living cost
15 378
15 378
15 378
15 378
Free-cash
5 166
8 557
3 752
3 498

Estimated living cost  is ₴15378 per week

₴11324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
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.
₴2741
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
-₴1220
-₴599
-₴2078
-₴305
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
-
-
-
35 500
accident
-
-
-
299
income
-
-
-
2 319
pensions
-
-
-
5 321
health
-
-
-
2 494
surtax
-
-
-
1 760
communal
-
-
-
2 244
total
-
-
-
14 437
Employee
32 247
-
31 711
-
health
1 435
-
1 411
-
surtax
1 977
-
1 943
-
income
3 115
-
2 984
-
pensions
2 579
-
2 537
-
total
9 106
-
8 875
-
Employer
32 247
-
31 711
-
accident
290
-
285
-
pensions
2 579
-
2 537
-
health
983
-
967
-
total
3 852
-
3 789
-
Corporate
-
35 500
-
-
surtax
-
373
-
-
communal
-
2 396
-
-
income
-
5 325
-
-
total
-
8 094
-
-
Dividends
-
27 406
-
-
income
-
1 374
-
-
withholding
-
4 111
-
-
total
-
5 485
-
-
Income
35 500
35 500
35 500
35 500
Total tax
12 958
13 579
12 664
14 437
After tax
22 542
21 921
22 836
21 063
Living cost
23 141
23 141
23 141
23 141
Free-cash
-599
-1 220
-305
-2 078

Estimated living cost  is ₴23141 per week

₴17359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1402
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.
₴4134
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
₴12765
₴11410
₴9427
₴8750
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
-
-
-
35 500
income
-
-
-
6 145
pensions
-
-
-
7 100
other
-
-
-
-
unemployment
-
-
-
97
health
-
-
-
2 521
surtax
-
-
-
646
total
-
-
-
16 509
Employee
14 340
-
29 326
-
other
-
-
-
-
health
366
-
747
-
surtax
51
-
568
-
income
2 404
-
5 701
-
pensions
957
-
1 956
-
unemployment
998
-
2 041
-
total
4 776
-
11 013
-
Employer
14 340
-
29 326
-
other
-
-
-
-
unemployment
455
-
929
-
pensions
1 912
-
3 909
-
health
652
-
1 335
-
total
3 019
-
6 173
-
Corporate
18 141
35 500
-
-
income
4 717
9 230
-
-
total
4 717
9 230
-
-
Dividends
13 424
26 270
-
-
withholding
2 014
3 941
-
-
total
2 014
3 941
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 526
13 171
17 186
16 509
After tax
20 974
22 329
18 314
18 991
Living cost
9 564
9 564
9 564
9 564
Free-cash
11 410
12 765
8 750
9 427

Estimated living cost  is ₴9564 per week

₴5774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
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.
₴2737
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
₴7189
₴6243
₴7106
₴5424
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
-
-
-
35 500
municipal
-
-
-
211
regional
-
-
-
535
national
-
-
-
7 047
social contributions
-
-
-
9 130
total
-
-
-
16 923
Employee
23 621
-
35 500
-
social contributions
7 965
-
11 971
-
regional
318
-
478
-
municipal
125
-
188
-
national
3 742
-
5 968
-
total
12 150
-
18 605
-
Employer
23 621
-
35 500
-
total
-
-
-
-
Corporate
11 879
35 500
-
-
nationa
2 851
8 520
-
-
municipal
591
1 764
-
-
total
3 442
10 284
-
-
Dividends
8 438
25 216
-
-
withholding
2 194
6 556
-
-
total
2 194
6 556
-
-
Income
35 500
35 500
35 500
35 500
Total tax
17 786
16 840
18 605
16 923
After tax
17 714
18 660
16 895
18 577
Living cost
11 471
11 471
11 471
11 471
Free-cash
6 243
7 189
5 424
7 106

Estimated living cost  is ₴11471 per week

₴7134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴2979
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
₴11862
₴7375
₴4710
₴5436
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
-
-
-
35 500
income
-
-
-
3 051
health
-
-
-
4 793
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 366
total
-
-
-
18 210
Employee
18 500
-
26 493
-
social contributions
1 202
-
1 722
-
health
2 497
-
3 576
-
solidarity contribution
-
-
-
-
income
2 220
-
3 179
-
total
5 919
-
8 477
-
Employer
18 500
-
26 493
-
social contributions
4 625
-
6 623
-
health
1 665
-
2 384
-
total
6 290
-
9 007
-
Corporate
10 711
35 500
-
-
income
2 035
6 745
-
-
total
2 035
6 745
-
-
Dividends
8 676
28 755
-
-
withholding
1 301
4 313
-
-
total
1 301
4 313
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 545
11 058
17 484
18 210
After tax
19 955
24 442
18 016
17 290
Living cost
12 580
12 580
12 580
12 580
Free-cash
7 375
11 862
5 436
4 710

Estimated living cost  is ₴12580 per week

₴9355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2310
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
₴6479
₴6271
₴5293
-₴1722
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
-
-
-
35 500
chamber of commerce
-
-
-
142
income
-
-
-
4 585
pensions
-
-
-
6 567
unemployment
-
-
-
2 612
health
-
-
-
2 716
surtax
-
-
-
-
total
-
-
-
16 622
Employee
18 614
16 969
27 564
-
other
186
170
276
-
health
720
657
1 067
-
income
1 658
1 252
4 224
-
pensions
1 906
1 737
2 823
-
unemployment
558
509
827
-
total
5 028
4 325
9 217
-
Employer
18 614
16 969
27 564
-
accident
242
221
358
-
other
884
806
1 309
-
chamber of commerce
74
68
110
-
unemployment
558
509
827
-
surtax
-
-
-
-
pensions
2 336
2 130
3 459
-
payroll
558
509
827
-
health
704
642
1 042
-
total
5 356
4 885
7 932
-
Corporate
11 530
13 647
25 953
-
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.

2 882
3 412
6 488
-
total
2 882
3 412
6 488
-
Dividends
8 647
10 235
-
-
withholding
2 378
2 814
-
-
total
2 378
2 814
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 644
15 436
23 637
16 622
After tax
19 856
20 064
11 863
18 878
Living cost
13 585
13 585
13 585
13 585
Free-cash
6 271
6 479
-1 722
5 293

Estimated living cost  is ₴13585 per week

₴8149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴3806
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
₴27668
₴26532
₴29088
₴22343
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%.

-
-
-
35 500
microenterprise

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

-
-
-
355
total
-
-
-
355
Employee
7 571
-
35 500
-
income
1 514
-
7 100
-
total
1 514
-
7 100
-
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%.

27 929
35 500
-
-
total
-
-
-
-
Dividends
27 929
35 500
-
-
withholding
1 397
1 775
-
-
total
1 397
1 775
-
-
Income
35 500
35 500
35 500
35 500
Total tax
2 911
1 775
7 100
355
After tax
32 589
33 725
28 400
35 145
Living cost
6 057
6 057
6 057
6 057
Free-cash
26 532
27 668
22 343
29 088

Estimated living cost  is ₴6057 per week

₴4099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴254
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.
₴1501
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
₴13021
₴9460
₴7257
₴6238
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.

-
-
-
35 500
income
-
-
-
6 793
pensions
-
-
-
6 483
unemployment
-
-
-
53
health
-
-
-
3 493
total
-
-
-
16 822
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.

18 830
-
30 717
-
health
1 216
-
1 985
-
income
3 247
-
6 269
-
pensions
2 919
-
4 761
-
unemployment
27
-
43
-
total
7 409
-
13 058
-
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.

18 830
-
30 717
-
unemployment
11
-
19
-
pensions
1 666
-
2 718
-
health
1 254
-
2 046
-
total
2 931
-
4 783
-
Corporate
13 739
35 500
-
-
income
2 610
6 745
-
-
total
2 610
6 745
-
-
Dividends
11 129
28 755
-
-
withholding
1 669
4 313
-
-
total
1 669
4 313
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 619
11 058
17 841
16 822
After tax
20 881
24 442
17 659
18 678
Living cost
11 421
11 421
11 421
11 421
Free-cash
9 460
13 021
6 238
7 257

Estimated living cost  is ₴11421 per week

₴7838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
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.
₴2630
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
₴3140
-₴28283
₴6075
₴11415
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
-
-
-
35 500
income
-
-
-
6 920
social contributions
-
-
-
4 047
total
-
-
-
10 967
Employee
26 466
-
-
-
social contributions
2 170
-
309
-
income
5 838
-
-
-
total
8 008
-
309
-
Employer
26 466
-
-
-
social contributions
37 317
-
5 318
-
total
37 317
-
5 318
-
Corporate
-
35 500
-
-
income
-
7 810
-
-
total
-
7 810
-
-
Dividends
-
27 690
-
-
income
-
6 092
-
-
total
-
6 092
-
-
Income
35 500
35 500
35 500
35 500
Total tax
45 325
13 902
5 627
10 967
After tax
-9 825
21 598
29 873
24 533
Living cost
18 458
18 458
18 458
18 458
Free-cash
-28 283
3 140
11 415
6 075

Estimated living cost  is ₴18458 per week

₴11976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4510
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
₴6836
₴6408
₴6698
₴5161
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.

-
-
-
35 500
income
-
-
-
3 110
surtax
-
-
-
-
social contributions

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

-
-
-
12 336
total
-
-
-
15 446
Employee
19 584
-
28 686
-
social contributions
2 154
-
3 155
-
surtax
-
-
-
-
income
4 074
-
7 015
-
total
6 228
-
10 170
-
Employer
19 584
-
28 686
-
social contributions
4 651
-
6 813
-
total
4 651
-
6 813
-
Corporate
11 265
35 500
-
-
surtax
-
-
-
-
income
2 365
7 455
-
-
total
2 365
7 455
-
-
Dividends
8 899
28 045
-
-
withholding
2 492
7 853
-
-
total
2 492
7 853
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 736
15 308
16 983
15 446
After tax
19 764
20 192
18 517
20 054
Living cost
13 356
13 356
13 356
13 356
Free-cash
6 408
6 836
5 161
6 698

Estimated living cost  is ₴13356 per week

₴9993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
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.
₴2352
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
-₴2674
₴253
₴52
₴231
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
-
-
-
35 500
income
-
-
-
2 368
pensions
-
-
-
10 095
other
-
-
-
1 101
health
-
-
-
306
surtax
-
-
-
-
social contributions
-
-
-
1 012
total
-
-
-
14 882
Employee
26 670
-
27 053
-
social contributions
760
-
770
-
surtax
-
-
-
-
income
2 327
-
2 426
-
pensions
3 017
-
3 060
-
total
6 104
-
6 256
-
Employer
26 670
-
27 053
-
other
920
-
933
-
social contributions
80
-
81
-
unemployment
1 080
-
1 096
-
pensions
4 382
-
4 444
-
health
1 867
-
1 893
-
total
8 329
-
8 447
-
Corporate
501
35 500
-
-
surtax
-
-
-
-
income
141
9 940
-
-
total
141
9 940
-
-
Dividends
360
25 560
-
-
surtax
-
-
-
-
social contributions
61
4 396
-
-
withholding
46
3 272
-
-
total
107
7 668
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 681
17 608
14 703
14 882
After tax
20 819
17 892
20 797
20 618
Living cost
20 566
20 566
20 566
20 566
Free-cash
253
-2 674
231
52

Estimated living cost  is ₴20566 per week

₴13919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4683
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
₴19150
₴17719
₴14475
₴15471
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
-
-
-
35 500
income
-
-
-
415
social contributions
-
-
-
7 810
total
-
-
-
8 225
Employee
13 689
-
30 736
-
income
-
-
467
-
social contributions
890
-
1 998
-
total
890
-
2 465
-
Employer
13 689
-
30 736
-
social contributions
2 122
-
4 764
-
total
2 122
-
4 764
-
Corporate
19 689
35 500
-
-
income
1 969
3 550
-
-
total
1 969
3 550
-
-
Dividends
17 719
31 950
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
4 981
3 550
7 229
8 225
After tax
30 519
31 950
28 271
27 275
Living cost
12 800
12 800
12 800
12 800
Free-cash
17 719
19 150
15 471
14 475

Estimated living cost  is ₴12800 per week

₴8276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴965
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.
₴3318
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
-₴57285
-₴57285
₴1824
-₴57285
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
-
-
-
35 500
municipal
-
-
-
6 331
pensions
-
-
-
369
national
-
-
-
3 657
labour market
-
-
-
2 810
total
-
-
-
13 167
Employee
86 566
86 566
86 566
-
labour market
6 915
6 915
6 915
-
national
10 576
10 576
10 576
-
municipal
18 434
18 434
18 434
-
pensions
123
123
123
-
total
36 048
36 048
36 048
-
Employer
86 566
86 566
86 566
-
labour market
6 925
6 925
6 925
-
municipal
18 463
18 463
18 463
-
pensions
246
246
246
-
national
10 594
10 594
10 594
-
total
36 228
36 228
36 228
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
72 276
72 276
72 276
13 167
After tax
-36 776
-36 776
-36 776
22 333
Living cost
20 509
20 509
20 509
20 509
Free-cash
-57 285
-57 285
-57 285
1 824

Estimated living cost  is ₴20509 per week

₴14037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
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.
₴4343
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
-₴6263
₴1474
₴15269
₴8782
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
-
-
-
35 500
accident
-
-
-
106
income
-
-
-
8 156
pensions
-
-
-
1 754
other
-
-
-
156
health
-
-
-
920
total
-
-
-
11 092
Employee
14 377
-
29 634
-
health
1 646
-
3 393
-
income
1 972
-
5 103
-
pensions
1 619
-
3 217
-
total
5 237
-
11 713
-
Employer
14 377
-
29 634
-
accident
240
-
495
-
unemployment
352
-
726
-
pensions
2 338
-
4 645
-
total
2 930
-
5 866
-
Corporate
18 193
35 500
-
-
income

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

16 374
31 950
-
-
total
16 374
31 950
-
-
Dividends
1 819
3 550
-
-
withholding
346
674
-
-
total
346
674
-
-
Income
35 500
35 500
35 500
35 500
Total tax
24 887
32 624
17 579
11 092
After tax
10 613
2 876
17 921
24 408
Living cost
9 139
9 139
9 139
9 139
Free-cash
1 474
-6 263
8 782
15 269

Estimated living cost  is ₴9139 per week

₴6652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1794
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
₴7793
₴6139
₴9653
₴4464
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

-
-
-
35 500
municipal
-
-
-
6 324
health
-
-
-
369
national
-
-
-
2 806
total
-
-
-
9 499
Employee
22 403
-
29 865
-
health
167
-
282
-
municipal
3 669
-
4 882
-
pensions
1 512
-
2 016
-
unemployment
336
-
448
-
national
370
-
1 425
-
total
6 054
-
9 053
-
Employer
22 403
-
29 865
-
accident
23
-
30
-
unemployment
145
-
194
-
pensions
3 887
-
5 181
-
health
172
-
230
-
total
4 227
-
5 635
-
Corporate
8 870
35 500
-
-
income
1 774
7 100
-
-
total
1 774
7 100
-
-
Dividends

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

5 322
21 300
-
-
national
-
425
-
-
municipal
958
3 834
-
-
total
958
4 259
-
-
Income
35 500
35 500
35 500
35 500
Total tax
13 013
11 359
14 688
9 499
After tax
22 487
24 141
20 812
26 001
Living cost
16 348
16 348
16 348
16 348
Free-cash
6 139
7 793
4 464
9 653

Estimated living cost  is ₴16348 per week

₴10679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3837
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
₴16011
₴13849
₴16216
₴16101
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
-
-
-
35 500
income
-
-
-
2 982
health
-
-
-
905
social contributions
-
-
-
5 538
total
-
-
-
9 425
Employee
32 743
32 743
32 743
-
social contributions
1 238
2 718
2 675
-
health
254
557
548
-
income
3 565
3 031
3 046
-
total
5 057
6 306
6 269
-
Employer
32 743
32 743
32 743
-
social contributions
1 238
2 718
2 675
-
health
276
606
596
-
total
1 514
3 324
3 271
-
Corporate
19 071
-
-
-
income
2 384
-
-
-
total
2 384
-
-
-
Dividends
16 687
-
-
-
withholding
2 837
-
-
-
total
2 837
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
11 792
9 630
9 540
9 425
After tax
23 708
25 870
25 960
26 075
Living cost
9 859
9 859
9 859
9 859
Free-cash
13 849
16 011
16 101
16 216

Estimated living cost  is ₴9859 per week

₴5909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2765
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
₴22637
₴20472
₴21191
₴15160
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
-
-
-
35 500
income
-
-
-
3 286
pensions
-
-
-
2 709
unemployment
-
-
-
12
health
-
-
-
1 541
total
-
-
-
7 548
Employee

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

9 774
-
32 185
-
health
831
-
2 735
-
income
668
-
2 541
-
pensions
1 466
-
4 827
-
unemployment
48
-
161
-
total
3 013
-
10 264
-
Employer

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

9 774
-
32 185
-
unemployment
48
-
161
-
pensions
537
-
1 770
-
health
420
-
1 384
-
total
1 005
-
3 315
-
Corporate
24 720
35 500
-
-
income
2 225
3 195
-
-
total
2 225
3 195
-
-
Dividends
22 495
32 305
-
-
withholding
2 024
2 907
-
-
total
2 024
2 907
-
-
Income
35 500
35 500
35 500
35 500
Total tax
8 267
6 102
13 579
7 548
After tax
27 233
29 398
21 921
27 952
Living cost
6 761
6 761
6 761
6 761
Free-cash
20 472
22 637
15 160
21 191

Estimated living cost  is ₴6761 per week

₴4313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1758
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
₴12226
₴9995
₴7167
₴7421
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
-
-
-
35 500
accident
-
-
-
319
income
-
-
-
5 973
pensions
-
-
-
10 047
other
-
-
-
36
unemployment
-
-
-
249
total
-
-
-
16 624
Employee
15 745
-
26 918
-
other
15
-
27
-
income
3 035
-
6 080
-
pensions
740
-
1 265
-
unemployment
244
-
417
-
total
4 034
-
7 789
-
Employer
15 745
-
26 918
-
accident
312
-
533
-
other
126
-
216
-
unemployment
866
-
1 480
-
pensions
3 715
-
6 352
-
total
5 019
-
8 581
-
Corporate
14 735
35 500
-
-
income

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

2 210
5 325
-
-
total
2 210
5 325
-
-
Dividends
12 525
30 175
-
-
withholding
2 533
6 240
-
-
total
2 533
6 240
-
-
Income
35 500
35 500
35 500
35 500
Total tax
13 796
11 565
16 370
16 624
After tax
21 704
23 935
19 130
18 876
Living cost
11 709
11 709
11 709
11 709
Free-cash
9 995
12 226
7 421
7 167

Estimated living cost  is ₴11709 per week

₴7904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1126
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.
₴2475
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
₴20982
₴20789
₴21218
₴21136
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
-
-
-
35 500
income
-
-
-
11 640
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
13 112
Employee
1 782
-
34 540
-
health
89
-
213
-
income
345
-
11 595
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
12 235
-
Employer
1 782
-
34 540
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
33 318
35 500
-
-
income
7 330
7 810
-
-
total
7 330
7 810
-
-
Dividends
25 988
27 690
-
-
withholding
5 198
5 538
-
-
total
5 198
5 538
-
-
Income
35 500
35 500
35 500
35 500
Total tax
13 541
13 348
13 194
13 112
After tax
21 959
22 152
22 306
22 388
Living cost
1 170
1 170
1 170
1 170
Free-cash
20 789
20 982
21 136
21 218

Estimated living cost  is ₴1170 per week

₴695
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.
₴353
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
₴18282
₴16188
₴10555
₴10892
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.

-
-
-
35 500
income
-
-
-
5 678
pensions
-
-
-
8 185
unemployment
-
-
-
472
health
-
-
-
3 243
total
-
-
-
17 578
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.

11 109
-
30 110
-
health
572
-
1 551
-
income
1 531
-
5 859
-
pensions
1 555
-
4 215
-
unemployment
83
-
226
-
total
3 741
-
11 851
-
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.

11 109
-
30 110
-
unemployment
83
-
226
-
pensions
1 333
-
3 613
-
health
572
-
1 551
-
total
1 988
-
5 390
-
Corporate
22 402
35 500
-
-
income
3 360
5 325
-
-
total
3 360
5 325
-
-
Dividends
19 042
30 175
-
-
withholding
2 856
4 526
-
-
total
2 856
4 526
-
-
Income
35 500
35 500
35 500
35 500
Total tax
11 945
9 851
17 241
17 578
After tax
23 555
25 649
18 259
17 922
Living cost
7 367
7 367
7 367
7 367
Free-cash
16 188
18 282
10 892
10 555

Estimated living cost  is ₴7367 per week

₴4960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴570
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.
₴1624
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
₴8712
₴8560
₴8574
₴7037
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.

-
-
-
35 500
income
-
-
-
3 110
surtax
-
-
-
-
social contributions

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

-
-
-
12 336
total
-
-
-
15 446
Employee
16 527
-
28 686
-
social contributions
1 818
-
3 155
-
surtax
-
-
-
-
income
3 229
-
7 015
-
total
5 047
-
10 170
-
Employer
16 527
-
28 686
-
social contributions
3 925
-
6 813
-
total
3 925
-
6 813
-
Corporate
15 048
35 500
-
-
surtax
-
-
-
-
income
3 160
7 455
-
-
total
3 160
7 455
-
-
Dividends
11 888
28 045
-
-
withholding
3 328
7 853
-
-
total
3 328
7 853
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 460
15 308
16 983
15 446
After tax
20 040
20 192
18 517
20 054
Living cost
11 480
11 480
11 480
11 480
Free-cash
8 560
8 712
7 037
8 574

Estimated living cost  is ₴11480 per week

₴8131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2348
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
₴8970
₴5724
₴3911
₴4165
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
-
-
-
35 500
accident
-
-
-
319
income
-
-
-
5 973
pensions
-
-
-
10 047
other
-
-
-
36
unemployment
-
-
-
249
total
-
-
-
16 624
Employee
20 565
-
26 918
-
other
20
-
27
-
income
4 295
-
6 080
-
pensions
966
-
1 265
-
unemployment
318
-
417
-
total
5 599
-
7 789
-
Employer
20 565
-
26 918
-
accident
407
-
533
-
other
165
-
216
-
unemployment
1 131
-
1 480
-
pensions
4 853
-
6 352
-
total
6 556
-
8 581
-
Corporate
8 378
35 500
-
-
income

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

1 257
5 325
-
-
total
1 257
5 325
-
-
Dividends
7 122
30 175
-
-
withholding
1 399
6 240
-
-
total
1 399
6 240
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 811
11 565
16 370
16 624
After tax
20 689
23 935
19 130
18 876
Living cost
14 965
14 965
14 965
14 965
Free-cash
5 724
8 970
4 165
3 911

Estimated living cost  is ₴14965 per week

₴10747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2844
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
₴23022
₴20424
₴18870
₴19836
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
-
-
-
35 500
income
-
-
-
5 325
pensions

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

-
-
-
2 203
unemployment
-
-
-
60
health
-
-
-
1 712
total
-
-
-
9 300
Employee
9 706
-
32 580
-
health
447
-
685
-
accident

We are using the highest rate at 1.1%.

107
-
164
-
income
971
-
3 258
-
pensions

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

852
-
1 307
-
total
2 377
-
5 414
-
Employer
9 706
-
32 580
-
accident

We are using the highest rate at 1.1%.

107
-
164
-
unemployment
58
-
89
-
pensions

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

1 070
-
1 640
-
health
670
-
1 027
-
total
1 905
-
2 920
-
Corporate
23 890
35 500
-
-
income
2 389
3 550
-
-
total
2 389
3 550
-
-
Dividends
21 501
31 950
-
-
withholding
1 075
1 598
-
-
total
1 075
1 598
-
-
Income
35 500
35 500
35 500
35 500
Total tax
7 746
5 148
8 334
9 300
After tax
27 754
30 352
27 166
26 200
Living cost
7 330
7 330
7 330
7 330
Free-cash
20 424
23 022
19 836
18 870

Estimated living cost  is ₴7330 per week

₴4848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴1888
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
₴1896
₴7465
₴7315
₴9569
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.

-
-
-
35 500
trade
-
-
-
2 254
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.

-
-
-
6 239
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.

-
-
-
2 909
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.

-
-
-
343
total
-
-
-
11 745
Employee

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

21 187
-
35 500
-
health

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

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

2 909
-
2 909
-
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.

96
-
343
-
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.

1 742
-
6 239
-
total
4 747
-
9 491
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 313
35 500
-
-
surtax

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

118
293
-
-
income
2 147
5 325
-
-
trade
2 054
5 094
-
-
chamber of commerce
86
116
-
-
total
4 405
10 828
-
-
Dividends
9 908
24 672
-
-
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.

128
330
-
-
withholding
2 315
6 006
-
-
total
2 443
6 336
-
-
Income
35 500
35 500
35 500
35 500
Total tax
11 595
17 164
9 491
11 745
After tax
23 905
18 336
26 009
23 755
Living cost
16 440
16 440
16 440
16 440
Free-cash
7 465
1 896
9 569
7 315

Estimated living cost  is ₴16440 per week

₴11340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3092
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
₴594
₴1534
₴1074
₴1074
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
-
-
-
35 500
income
-
-
-
7 162
social contributions
-
-
-
3 008
total
-
-
-
10 170
Employee
33 308
-
35 500
-
income
6 285
-
7 162
-
social contributions
2 767
-
3 008
-
total
9 052
-
10 170
-
Employer
33 308
-
35 500
-
total
-
-
-
-
Corporate
2 192
35 500
-
-
income
274
4 438
-
-
total
274
4 438
-
-
Dividends
1 918
31 062
-
-
withholding
384
6 212
-
-
total
384
6 212
-
-
Income
35 500
35 500
35 500
35 500
Total tax
9 710
10 650
10 170
10 170
After tax
25 790
24 850
25 330
25 330
Living cost
24 256
24 256
24 256
24 256
Free-cash
1 534
594
1 074
1 074

Estimated living cost  is ₴24256 per week

₴18454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴5368
₴7740
₴5064
₴10504
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.

-
-
-
35 500
income
-
-
-
12 121
health

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

-
-
-
2 858
total
-
-
-
14 979
Employee
19 534
-
33 541
-
income
2 120
-
5 621
-
social contributions
1 957
-
1 959
-
total
4 077
-
7 580
-
Employer
19 534
-
33 541
-
social contributions
1 957
-
1 959
-
total
1 957
-
1 959
-
Corporate
14 009
35 500
-
-
income
4 903
12 425
-
-
total
4 903
12 425
-
-
Dividends
9 106
23 075
-
-
social contributions
1 366
2 250
-
-
total
1 366
2 250
-
-
Income
35 500
35 500
35 500
35 500
Total tax
12 303
14 675
9 539
14 979
After tax
23 197
20 825
25 961
20 521
Living cost
15 457
15 457
15 457
15 457
Free-cash
7 740
5 368
10 504
5 064

Estimated living cost  is ₴15457 per week

₴10182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1219
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.
₴3820
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
₴10637
₴8213
₴10458
₴6514
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
-
-
-
35 500
income
-
-
-
6 604
pensions
-
-
-
2 477
total
-
-
-
9 081
Employee
21 908
-
31 384
-
health
286
-
480
-
income
3 990
-
5 619
-
pensions
1 672
-
2 810
-
total
5 948
-
8 909
-
Employer
21 908
-
31 384
-
pensions
2 213
-
3 520
-
health
416
-
596
-
total
2 629
-
4 116
-
Corporate
10 962
35 500
-
-
income

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

2 083
6 745
-
-
total
2 083
6 745
-
-
Dividends
8 879
28 755
-
-
withholding
666
2 157
-
-
total
666
2 157
-
-
Income
35 500
35 500
35 500
35 500
Total tax
11 326
8 902
13 025
9 081
After tax
24 174
26 598
22 475
26 419
Living cost
15 961
15 961
15 961
15 961
Free-cash
8 213
10 637
6 514
10 458

Estimated living cost  is ₴15961 per week

₴10949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴3343
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
-₴7168
₴1335
₴14364
₴7877
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
-
-
-
35 500
accident
-
-
-
106
income
-
-
-
8 156
pensions
-
-
-
1 754
other
-
-
-
156
health
-
-
-
920
total
-
-
-
11 092
Employee
15 800
-
29 634
-
health
1 809
-
3 393
-
income
2 168
-
5 103
-
pensions
1 779
-
3 217
-
total
5 756
-
11 713
-
Employer
15 800
-
29 634
-
accident
264
-
495
-
unemployment
387
-
726
-
pensions
2 569
-
4 645
-
total
3 220
-
5 866
-
Corporate
16 480
35 500
-
-
income

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

14 832
31 950
-
-
total
14 832
31 950
-
-
Dividends
1 648
3 550
-
-
withholding
313
674
-
-
total
313
674
-
-
Income
35 500
35 500
35 500
35 500
Total tax
24 121
32 624
17 579
11 092
After tax
11 379
2 876
17 921
24 408
Living cost
10 044
10 044
10 044
10 044
Free-cash
1 335
-7 168
7 877
14 364

Estimated living cost  is ₴10044 per week

₴7371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴585
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.
₴1885
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
₴24424
₴22354
₴14730
₴15130
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.

-
-
-
35 500
work injury
-
-
-
178
health insurance
-
-
-
2 627
income
-
-
-
5 256
pensions
-
-
-
6 532
unemployment
-
-
-
426
total
-
-
-
15 019
Employee

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

9 202
-
35 500
-
work injury
46
-
170
-
income
920
-
5 256
-
pensions
1 693
-
6 265
-
health insurance
681
-
2 519
-
unemployment
110
-
409
-
total
3 450
-
14 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 298
35 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
26 298
35 500
-
-
withholding
3 945
5 325
-
-
total
3 945
5 325
-
-
Income
35 500
35 500
35 500
35 500
Total tax
7 395
5 325
14 619
15 019
After tax
28 105
30 175
20 881
20 481
Living cost
5 751
5 751
5 751
5 751
Free-cash
22 354
24 424
15 130
14 730

Estimated living cost  is ₴5751 per week

₴3563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴1591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₴1736
-₴382
₴1478
-₴146
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
-
-
-
35 500
municipal
-
-
-
238
regional
-
-
-
644
national
-
-
-
7 047
social contributions
-
-
-
9 130
total
-
-
-
17 059
Employee
35 882
-
35 500
-
social contributions
12 099
-
11 971
-
regional
542
-
532
-
municipal
214
-
212
-
national
6 064
-
5 968
-
total
18 919
-
18 683
-
Employer
35 882
-
35 500
-
total
-
-
-
-
Corporate
-
35 500
-
-
nationa
-
8 520
-
-
municipal
-
1 711
-
-
total
-
10 231
-
-
Dividends
-
25 268
-
-
withholding
-
6 570
-
-
total
-
6 570
-
-
Income
35 500
35 500
35 500
35 500
Total tax
18 919
16 801
18 683
17 059
After tax
16 581
18 699
16 817
18 441
Living cost
16 963
16 963
16 963
16 963
Free-cash
-382
1 736
-146
1 478

Estimated living cost  is ₴16963 per week

₴11916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1167
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.
₴3624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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