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
₴ 36500
per

Your estimated
City
free-cash

Dresden , Germany
₴3540
₴12224
₴10090
₴9002
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.

-
-
-
36 500
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.

-
-
-
5 642
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.

-
-
-
310
health

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

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

-
-
-
3 372
trade
-
-
-
2 134
total
-
-
-
11 458
Employee

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

18 881
-
36 500
-
surtax

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

29
-
310
-
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.

527
-
5 642
-
health

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

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

3 372
-
3 372
-
total
3 928
-
9 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 619
36 500
-
-
income
2 643
5 475
-
-
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.

145
301
-
-
chamber of commerce
100
127
-
-
trade
2 775
5 749
-
-
total
5 663
11 652
-
-
Dividends
11 956
24 848
-
-
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.

154
332
-
-
withholding
2 801
6 024
-
-
total
2 955
6 356
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 546
18 008
9 324
11 458
After tax
23 954
18 492
27 176
25 042
Living cost
14 952
14 952
14 952
14 952
Free-cash
9 002
3 540
12 224
10 090

Estimated living cost  is ₴14952 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3524
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
-₴3439
-₴3409
-₴3696
-₴7827
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
-
-
-
36 500
social contributions
-
-
-
392
municipal
-
-
-
3 612
national
-
-
-
5 597
pensions
-
-
-
4 380
total
-
-
-
13 981
Employee
40 639
-
31 554
-
municipal
5 020
-
3 753
-
pensions
1 626
-
1 262
-
national
7 778
-
5 816
-
total
14 424
-
10 831
-
Employer
40 639
-
31 554
-
pensions
3 251
-
2 524
-
social contributions
437
-
339
-
total
3 688
-
2 863
-
Corporate
-
36 500
-
-
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%.

-
7 300
-
-
total
-
7 300
-
-
Dividends
-
29 200
-
-
withholding
-
6 424
-
-
total
-
6 424
-
-
Income
36 500
36 500
36 500
36 500
Total tax
18 112
13 724
13 694
13 981
After tax
18 388
22 776
22 806
22 519
Living cost
26 215
26 215
26 215
26 215
Free-cash
-7 827
-3 439
-3 409
-3 696

Estimated living cost  is ₴26215 per week

₴17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
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.
₴5568
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
₴18930
₴10450
₴19201
₴14880
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.

-
-
-
36 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
1 554
microenterprise
-
-
-
5 475
total
-
-
-
7 029
Employee
14 425
-
29 414
-
surtax
-
-
-
-
social contributions

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

1 587
-
3 236
-
income
2 568
-
5 458
-
total
4 155
-
8 694
-
Employer
14 425
-
29 414
-
social contributions

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

3 475
-
7 086
-
surtax
-
-
-
-
total
3 475
-
7 086
-
Corporate
18 601
36 500
-
-
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%.

3 720
7 300
-
-
total
3 720
7 300
-
-
Dividends

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

14 881
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 350
7 300
15 780
7 029
After tax
25 150
29 200
20 720
29 471
Living cost
10 270
10 270
10 270
10 270
Free-cash
14 880
18 930
10 450
19 201

Estimated living cost  is ₴10270 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2507
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
-₴9750
-₴12520
₴109
-₴12520
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
-
-
-
36 500
income
-
-
-
4 746
health
-
-
-
5 181
pensions
-
-
-
5 784
total
-
-
-
15 711
Employee
42 155
42 155
42 155
-
pensions
7 588
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
6 470
5 504
6 470
-
total
20 958
18 188
20 958
-
Employer
42 155
42 155
42 155
-
health
2 930
2 930
2 930
-
pensions
2 934
2 934
2 934
-
unemployment
1 518
1 518
1 518
-
total
7 382
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
28 340
25 570
28 340
15 711
After tax
8 160
10 930
8 160
20 789
Living cost
20 680
20 680
20 680
20 680
Free-cash
-12 520
-9 750
-12 520
109

Estimated living cost  is ₴20680 per week

₴14655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴3831
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
-₴296
-₴733
-₴2031
-₴1374
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
-
-
-
36 500
accident
-
-
-
73
other
-
-
-
4 241
unemployment
-
-
-
37
health
-
-
-
2 278
municipal
-
-
-
7 731
national
-
-
-
-
pensions
-
-
-
3 946
total
-
-
-
18 306
Employee
28 819
-
27 774
-
municipal
8 594
-
8 282
-
national
-
-
-
-
total
8 594
-
8 282
-
Employer
28 819
-
27 774
-
health
1 772
-
1 708
-
pensions
3 115
-
3 002
-
accident
58
-
56
-
unemployment
761
-
733
-
other
3 349
-
3 227
-
total
9 055
-
8 726
-
Corporate
-
36 500
-
-
income
-
8 030
-
-
total
-
8 030
-
-
Dividends
-
28 470
-
-
withholding
-
8 541
-
-
total
-
8 541
-
-
Income
36 500
36 500
36 500
36 500
Total tax
17 649
16 571
17 008
18 306
After tax
18 851
19 929
19 492
18 194
Living cost
20 225
20 225
20 225
20 225
Free-cash
-1 374
-296
-733
-2 031

Estimated living cost  is ₴20225 per week

₴13404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4529
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
-₴1088
₴7783
₴5554
₴5847
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.

-
-
-
36 500
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.

-
-
-
5 642
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.

-
-
-
310
health

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

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

-
-
-
3 372
trade
-
-
-
2 229
total
-
-
-
11 553
Employee

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

25 034
-
36 500
-
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
-
310
-
income

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

2 151
-
5 642
-
health

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

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

3 372
-
3 372
-
total
5 641
-
9 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 466
36 500
-
-
income
1 720
5 475
-
-
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.

95
301
-
-
chamber of commerce
91
126
-
-
trade
1 886
6 004
-
-
total
3 792
11 906
-
-
Dividends
7 675
24 594
-
-
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
328
-
-
withholding
1 731
5 961
-
-
total
1 827
6 289
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 260
18 195
9 324
11 553
After tax
25 240
18 305
27 176
24 947
Living cost
19 393
19 393
19 393
19 393
Free-cash
5 847
-1 088
7 783
5 554

Estimated living cost  is ₴19393 per week

₴12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴4088
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
₴9327
₴10155
₴11360
₴8732
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
-
-
-
36 500
income
-
-
-
2 504
social contributions
-
-
-
5 694
health
-
-
-
931
total
-
-
-
9 129
Employee
37 959
37 959
37 959
-
social contributions
1 845
3 150
2 750
-
income
3 986
3 514
3 658
-
health
378
645
563
-
total
6 209
7 309
6 971
-
Employer
37 959
37 959
37 959
-
health
411
703
613
-
social contributions
1 845
3 150
2 750
-
total
2 256
3 853
3 363
-
Corporate
12 025
-
-
-
income
1 504
-
-
-
total
1 504
-
-
-
Dividends
10 521
-
-
-
withholding
1 788
-
-
-
total
1 788
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 757
11 162
10 334
9 129
After tax
24 743
25 338
26 166
27 371
Living cost
16 011
16 011
16 011
16 011
Free-cash
8 732
9 327
10 155
11 360

Estimated living cost  is ₴16011 per week

₴10945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴3547
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
₴11554
₴12102
₴16227
₴11741
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
-
-
-
36 500
income
-
-
-
4 462
unemployment
-
-
-
548
health
-
-
-
2 555
pensions
-
-
-
3 650
total
-
-
-
11 215
Employee

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

The minimum wage is 138,000 HUF per month.

13 076
5 204
30 544
-
unemployment
196
78
458
-
pensions
1 308
520
3 054
-
income
1 599
636
3 734
-
health
915
364
2 138
-
total
4 018
1 598
9 384
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 076
5 204
30 544
-
pensions
2 550
1 015
5 956
-
total
2 550
1 015
5 956
-
Corporate
20 874
30 281
-
-
income
1 879
2 725
-
-
total
1 879
2 725
-
-
Dividends
18 996
27 556
-
-
social contributions
3 645
5 314
-
-
withholding
3 609
5 236
-
-
total
7 254
10 550
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 701
15 888
15 340
11 215
After tax
20 799
20 612
21 160
25 285
Living cost
9 058
9 058
9 058
9 058
Free-cash
11 741
11 554
12 102
16 227

Estimated living cost  is ₴9058 per week

₴6182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
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
₴17277
₴9115
₴7641
₴14211
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
-
-
-
36 500
income
-
-
-
4 891
health
-
-
-
4 745
pensions
-
-
-
7 300
total
-
-
-
16 936
Employee
14 004
-
27 279
-
unemployment
224
-
437
-
pensions
280
-
545
-
income
1 577
-
5 259
-
total
2 081
-
6 241
-
Employer
14 004
-
27 279
-
health
1 820
-
3 547
-
pensions
2 801
-
5 456
-
unemployment
112
-
218
-
total
4 733
-
9 221
-
Corporate
17 762
36 500
-
-
income
3 552
7 300
-
-
total
3 552
7 300
-
-
Dividends
14 210
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 366
7 300
15 462
16 936
After tax
26 134
29 200
21 038
19 564
Living cost
11 923
11 923
11 923
11 923
Free-cash
14 211
17 277
9 115
7 641

Estimated living cost  is ₴11923 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴2795
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
-₴8038
₴7625
₴14143
₴1270
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
-
-
-
36 500
accident
-
-
-
126
income
-
-
-
7 882
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
11 362
Employee
17 295
-
30 321
-
pensions
1 947
-
3 414
-
income
2 373
-
4 815
-
health
1 980
-
3 472
-
total
6 300
-
11 701
-
Employer
17 295
-
30 321
-
pensions
2 812
-
4 930
-
accident
289
-
506
-
unemployment
424
-
743
-
total
3 525
-
6 179
-
Corporate
15 680
36 500
-
-
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.

14 112
32 850
-
-
total
14 112
32 850
-
-
Dividends
1 568
3 650
-
-
withholding
298
693
-
-
total
298
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 235
33 543
17 880
11 362
After tax
12 265
2 957
18 620
25 138
Living cost
10 995
10 995
10 995
10 995
Free-cash
1 270
-8 038
7 625
14 143

Estimated living cost  is ₴10995 per week

₴8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴2098
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
₴30680
₴25205
₴32140
₴29931
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%.

-
-
-
36 500
microenterprise

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

-
-
-
365
total
-
-
-
365
Employee
4 994
-
36 500
-
income
999
-
7 300
-
total
999
-
7 300
-
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%.

31 506
36 500
-
-
total
-
-
-
-
Dividends
31 506
36 500
-
-
withholding
1 575
1 825
-
-
total
1 575
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
2 574
1 825
7 300
365
After tax
33 926
34 675
29 200
36 135
Living cost
3 995
3 995
3 995
3 995
Free-cash
29 931
30 680
25 205
32 140

Estimated living cost  is ₴3995 per week

₴2476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1077
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
₴13662
₴8241
₴6610
₴10328
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
-
-
-
36 500
income
-
-
-
4 636
other
-
-
-
1 734
health
-
-
-
1 606
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.

-
-
-
8 760
total
-
-
-
16 736
Employee
17 924
-
29 153
-
unemployment
179
-
291
-
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.

1 254
-
2 041
-
income
3 086
-
5 018
-
health
251
-
408
-
total
4 770
-
7 758
-
Employer
17 924
-
29 153
-
health
251
-
408
-
pensions

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

3 047
-
4 957
-
accident
143
-
233
-
unemployment
179
-
291
-
other
897
-
1 458
-
total
4 517
-
7 347
-
Corporate
14 059
36 500
-
-
income
2 953
7 665
-
-
total
2 953
7 665
-
-
Dividends
11 106
28 835
-
-
withholding
778
2 019
-
-
total
778
2 019
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 018
9 684
15 105
16 736
After tax
23 482
26 816
21 395
19 764
Living cost
13 154
13 154
13 154
13 154
Free-cash
10 328
13 662
8 241
6 610

Estimated living cost  is ₴13154 per week

₴9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴2760
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
-₴5468
-₴9551
-₴5589
-₴16293
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
-
-
-
36 500
income
-
-
-
6 807
pensions
-
-
-
2 466
total
-
-
-
9 273
Employee
46 430
-
32 346
-
pensions
4 479
-
2 789
-
income
8 369
-
5 816
-
health
765
-
477
-
total
13 613
-
9 082
-
Employer
46 430
-
32 346
-
health
882
-
615
-
pensions
5 482
-
3 538
-
total
6 364
-
4 153
-
Corporate
-
36 500
-
-
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.

-
6 935
-
-
total
-
6 935
-
-
Dividends
-
29 565
-
-
withholding
-
2 217
-
-
total
-
2 217
-
-
Income
36 500
36 500
36 500
36 500
Total tax
19 977
9 152
13 235
9 273
After tax
16 523
27 348
23 265
27 227
Living cost
32 816
32 816
32 816
32 816
Free-cash
-16 293
-5 468
-9 551
-5 589

Estimated living cost  is ₴32816 per week

₴24590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4104
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
₴24727
₴20820
₴19934
₴22431
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
-
-
-
36 500
income
-
-
-
5 475
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
10 085
Employee
8 582
-
33 112
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
pensions

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

754
-
1 516
-
income
858
-
3 311
-
health
395
-
794
-
total
2 101
-
5 811
-
Employer
8 582
-
33 112
-
health
592
-
1 191
-
pensions

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

946
-
1 903
-
accident

We are using the highest rate at 1.1%.

94
-
190
-
unemployment
51
-
104
-
total
1 683
-
3 388
-
Corporate
26 234
36 500
-
-
income
2 624
3 650
-
-
total
2 624
3 650
-
-
Dividends
23 610
32 850
-
-
withholding
1 180
1 642
-
-
total
1 180
1 642
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 588
5 292
9 199
10 085
After tax
28 912
31 208
27 301
26 415
Living cost
6 481
6 481
6 481
6 481
Free-cash
22 431
24 727
20 820
19 934

Estimated living cost  is ₴6481 per week

₴3784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2063
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
-₴16443
-₴19213
-₴6584
-₴17280
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
-
-
-
36 500
income
-
-
-
4 746
health
-
-
-
5 181
pensions
-
-
-
5 784
total
-
-
-
15 711
Employee
45 767
42 155
42 155
-
pensions
5 784
5 784
7 588
-
income

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

6 900
6 900
6 900
-
health
5 710
5 504
6 470
-
total
18 394
18 188
20 958
-
Employer
45 767
42 155
42 155
-
health
3 180
2 930
2 930
-
pensions
3 185
2 934
2 934
-
unemployment
1 648
1 518
1 518
-
total
8 013
7 382
7 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
26 407
25 570
28 340
15 711
After tax
10 093
10 930
8 160
20 789
Living cost
27 373
27 373
27 373
27 373
Free-cash
-17 280
-16 443
-19 213
-6 584

Estimated living cost  is ₴27373 per week

₴20192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4423
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
₴12863
₴6255
₴5510
₴8486
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
-
-
-
36 500
income
-
-
-
3 137
social contributions
-
-
-
10 658
solidarity contribution
-
-
-
-
health
-
-
-
4 928
total
-
-
-
18 723
Employee
18 040
-
27 239
-
solidarity contribution
-
-
-
-
social contributions
1 173
-
1 771
-
income
2 165
-
3 269
-
health
2 435
-
3 677
-
total
5 773
-
8 717
-
Employer
18 040
-
27 239
-
health
1 624
-
2 451
-
social contributions
4 510
-
6 810
-
total
6 134
-
9 261
-
Corporate
12 326
36 500
-
-
income
2 342
6 935
-
-
total
2 342
6 935
-
-
Dividends
9 984
29 565
-
-
withholding
1 498
4 435
-
-
total
1 498
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 747
11 370
17 978
18 723
After tax
20 753
25 130
18 522
17 777
Living cost
12 267
12 267
12 267
12 267
Free-cash
8 486
12 863
6 255
5 510

Estimated living cost  is ₴12267 per week

₴8521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
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.
₴2632
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
-₴1356
-₴3135
-₴1170
-₴7372
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
-
-
-
36 500
social contributions
-
-
-
9 388
regional
-
-
-
380
municipal
-
-
-
217
national
-
-
-
6 855
total
-
-
-
16 840
Employee
43 872
-
36 500
-
municipal
232
-
194
-
national
7 602
-
5 970
-
regional
414
-
333
-
social contributions
14 794
-
12 308
-
total
23 042
-
18 805
-
Employer
43 872
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
municipal
-
1 424
-
-
nationa
-
8 760
-
-
total
-
10 184
-
-
Dividends
-
26 316
-
-
withholding
-
6 842
-
-
total
-
6 842
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 042
17 026
18 805
16 840
After tax
13 458
19 474
17 695
19 660
Living cost
20 830
20 830
20 830
20 830
Free-cash
-7 372
-1 356
-3 135
-1 170

Estimated living cost  is ₴20830 per week

₴14520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4624
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
₴12065
₴8247
₴9054
₴10530
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
-
-
-
36 500
income
-
-
-
5 997
other
-
-
-
-
surtax
-
-
-
553
unemployment
-
-
-
112
health
-
-
-
2 591
pensions
-
-
-
7 300
total
-
-
-
16 553
Employee
16 325
-
30 153
-
other
-
-
-
-
unemployment
1 136
-
2 098
-
pensions
1 089
-
2 011
-
surtax
53
-
492
-
income
2 736
-
5 643
-
health
417
-
769
-
total
5 431
-
11 013
-
Employer
16 325
-
30 153
-
health
743
-
1 371
-
pensions
2 176
-
4 020
-
unemployment
517
-
956
-
other
-
-
-
-
total
3 436
-
6 347
-
Corporate
16 739
36 500
-
-
income
4 352
9 490
-
-
total
4 352
9 490
-
-
Dividends
12 387
27 010
-
-
withholding
1 858
4 052
-
-
total
1 858
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 077
13 542
17 360
16 553
After tax
21 423
22 958
19 140
19 947
Living cost
10 893
10 893
10 893
10 893
Free-cash
10 530
12 065
8 247
9 054

Estimated living cost  is ₴10893 per week

₴6661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2976
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
₴4929
₴846
₴4808
₴1069
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
-
-
-
36 500
income
-
-
-
6 807
pensions
-
-
-
2 466
total
-
-
-
9 273
Employee
31 116
-
32 346
-
pensions
2 641
-
2 789
-
income
5 604
-
5 816
-
health
452
-
477
-
total
8 697
-
9 082
-
Employer
31 116
-
32 346
-
health
591
-
615
-
pensions
3 368
-
3 538
-
total
3 959
-
4 153
-
Corporate
1 424
36 500
-
-
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.

270
6 935
-
-
total
270
6 935
-
-
Dividends
1 154
29 565
-
-
withholding
86
2 217
-
-
total
86
2 217
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 012
9 152
13 235
9 273
After tax
23 488
27 348
23 265
27 227
Living cost
22 419
22 419
22 419
22 419
Free-cash
1 069
4 929
846
4 808

Estimated living cost  is ₴22419 per week

₴16796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
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.
₴3708
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
-₴22450
-₴10217
-₴8343
-₴13670
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
-
-
-
36 500
other

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

-
-
-
730
regional
-
-
-
965
health
-
-
-
128
city
-
-
-
384
national
-
-
-
137
pensions
-
-
-
3 358
total
-
-
-
5 702
Employee
45 805
-
32 671
-
unemployment
-
-
-
-
pensions
3 848
-
2 743
-
national
217
-
115
-
regional
1 500
-
825
-
city
492
-
351
-
health
104
-
73
-
total
6 161
-
4 107
-
Employer
45 805
-
32 671
-
health
104
-
73
-
pensions
3 848
-
2 743
-
unemployment
-
-
-
-
other

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

916
-
653
-
total
4 868
-
3 469
-
Corporate
-
36 500
-
-
regional
-
7 720
-
-
national
-
3 102
-
-
total
-
10 822
-
-
Dividends
-
25 678
-
-
withholding
-
8 987
-
-
total
-
8 987
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 029
19 809
7 576
5 702
After tax
25 471
16 691
28 924
30 798
Living cost
39 141
39 141
39 141
39 141
Free-cash
-13 670
-22 450
-10 217
-8 343

Estimated living cost  is ₴39141 per week

₴25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
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.
₴9695
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
-₴4497
₴4562
₴2239
₴3508
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.

-
-
-
36 500
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.

-
-
-
5 642
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.

-
-
-
310
health

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

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

-
-
-
3 372
trade
-
-
-
2 323
total
-
-
-
11 647
Employee

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

29 667
-
36 500
-
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.

192
-
310
-
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.

3 489
-
5 642
-
health

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

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

3 372
-
3 372
-
total
7 053
-
9 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 833
36 500
-
-
income
1 025
5 475
-
-
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.

56
301
-
-
chamber of commerce
84
126
-
-
trade
1 172
6 260
-
-
total
2 337
12 162
-
-
Dividends
4 495
24 339
-
-
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.

52
324
-
-
withholding
936
5 897
-
-
total
988
6 221
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 378
18 383
9 324
11 647
After tax
26 122
18 117
27 176
24 853
Living cost
22 614
22 614
22 614
22 614
Free-cash
3 508
-4 497
4 562
2 239

Estimated living cost  is ₴22614 per week

₴16517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3995
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
₴1507
₴4934
₴4800
₴4423
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
-
-
-
36 500
income
-
-
-
2 040
other
-
-
-
1 132
surtax
-
-
-
-
social contributions
-
-
-
1 040
health
-
-
-
316
pensions
-
-
-
10 283
total
-
-
-
14 811
Employee
21 127
-
27 812
-
pensions
2 389
-
3 146
-
surtax
-
-
-
-
social contributions
602
-
793
-
income
1 247
-
2 054
-
total
4 238
-
5 993
-
Employer
21 127
-
27 812
-
health
1 479
-
1 947
-
pensions
3 471
-
4 569
-
unemployment
855
-
1 126
-
social contributions
64
-
83
-
other
729
-
959
-
total
6 598
-
8 684
-
Corporate
8 775
36 500
-
-
income
2 457
10 220
-
-
surtax
-
-
-
-
total
2 457
10 220
-
-
Dividends
6 318
26 280
-
-
surtax
-
-
-
-
social contributions
1 087
4 520
-
-
withholding
808
3 364
-
-
total
1 895
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 188
18 104
14 677
14 811
After tax
21 312
18 396
21 823
21 689
Living cost
16 889
16 889
16 889
16 889
Free-cash
4 423
1 507
4 934
4 800

Estimated living cost  is ₴16889 per week

₴10649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4580
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
₴3180
₴6607
₴6473
₴5924
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
-
-
-
36 500
income
-
-
-
2 040
other
-
-
-
1 132
surtax
-
-
-
-
social contributions
-
-
-
1 040
health
-
-
-
316
pensions
-
-
-
10 283
total
-
-
-
14 811
Employee
18 859
-
27 812
-
pensions
2 133
-
3 146
-
surtax
-
-
-
-
social contributions
538
-
793
-
income
972
-
2 054
-
total
3 643
-
5 993
-
Employer
18 859
-
27 812
-
health
1 320
-
1 947
-
pensions
3 099
-
4 569
-
unemployment
763
-
1 126
-
social contributions
56
-
83
-
other
651
-
959
-
total
5 889
-
8 684
-
Corporate
11 751
36 500
-
-
income
3 290
10 220
-
-
surtax
-
-
-
-
total
3 290
10 220
-
-
Dividends
8 461
26 280
-
-
surtax
-
-
-
-
social contributions
1 455
4 520
-
-
withholding
1 083
3 364
-
-
total
2 538
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 360
18 104
14 677
14 811
After tax
21 140
18 396
21 823
21 689
Living cost
15 216
15 216
15 216
15 216
Free-cash
5 924
3 180
6 607
6 473

Estimated living cost  is ₴15216 per week

₴8825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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

Source of data for Marseille model

Close
Vilnius , Lithuania
₴11800
₴13701
₴12972
₴12056
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
-
-
-
36 500
income
-
-
-
5 475
social contributions
-
-
-
5 037
health
-
-
-
2 548
total
-
-
-
13 060
Employee
16 738
-
36 500
-
social contributions
2 310
-
5 037
-
income
2 792
-
4 746
-
health
1 168
-
2 548
-
total
6 270
-
12 331
-
Employer
16 738
-
36 500
-
total
-
-
-
-
Corporate
19 762
36 500
-
-
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%.

988
1 825
-
-
total
988
1 825
-
-
Dividends
18 774
34 675
-
-
social contributions
2 591
4 785
-
-
withholding
2 816
5 201
-
-
health
1 311
2 421
-
-
total
6 718
12 407
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 976
14 232
12 331
13 060
After tax
22 524
22 268
24 169
23 440
Living cost
10 468
10 468
10 468
10 468
Free-cash
12 056
11 800
13 701
12 972

Estimated living cost  is ₴10468 per week

₴7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
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.
₴2575
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
₴3283
-₴4684
₴2177
₴2521
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
-
-
-
36 500
income
-
-
-
4 113
surtax
-
-
-
97
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
146
health
-
-
-
2 793
pensions
-
-
-
6 752
total
-
-
-
16 929
Employee
24 670
19 673
28 268
-
other
246
197
283
-
unemployment
740
590
848
-
pensions
2 527
2 014
2 895
-
income
2 808
1 451
3 839
-
health
955
762
1 094
-
total
7 276
5 014
8 959
-
Employer
24 670
19 673
28 268
-
chamber of commerce
98
79
113
-
health
932
744
1 069
-
pensions
3 096
2 469
3 548
-
accident
320
256
367
-
unemployment
740
590
848
-
surtax
97
97
97
-
payroll
740
590
848
-
other
1 172
934
1 342
-
total
7 195
5 759
8 232
-
Corporate
4 633
11 068
26 394
-
income

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

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

1 158
2 767
6 599
-
total
1 158
2 767
6 599
-
Dividends
3 475
8 301
-
-
withholding
956
2 283
-
-
total
956
2 283
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 585
15 823
23 790
16 929
After tax
19 915
20 677
12 710
19 571
Living cost
17 394
17 394
17 394
17 394
Free-cash
2 521
3 283
-4 684
2 177

Estimated living cost  is ₴17394 per week

₴11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4024
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
₴2519
-₴3000
₴393
-₴9089
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
-
-
-
36 500
communal

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

-
-
-
1 890
social contributions
-
-
-
5 000
national
-
-
-
11 218
total
-
-
-
18 108
Employee

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

35 311
-
28 269
-
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.

307
-
246
-
communal

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

1 842
-
1 475
-
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.

2 648
-
2 120
-
national
10 856
-
8 101
-
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.

1 659
-
1 328
-
total
17 312
-
13 270
-
Employer

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

35 311
-
28 269
-
health

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

2 171
-
1 739
-
pensions

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

3 129
-
2 505
-
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.

459
-
368
-
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.

515
-
413
-
surtax
4 004
-
3 206
-
total
10 278
-
8 231
-
Corporate
-
36 500
-
-
income
-
7 300
-
-
surtax
-
146
-
-
total
-
7 446
-
-
Dividends
-
29 053
-
-
withholding

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

-
8 536
-
-
total
-
8 536
-
-
Income
36 500
36 500
36 500
36 500
Total tax
27 590
15 982
21 501
18 108
After tax
8 910
20 518
14 999
18 392
Living cost
17 999
17 999
17 999
17 999
Free-cash
-9 089
2 519
-3 000
393

Estimated living cost  is ₴17999 per week

₴11594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
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.
₴4550
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
₴6794
₴2035
₴1774
₴2818
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
-
-
-
36 500
accident
-
-
-
329
income
-
-
-
5 946
other
-
-
-
37
unemployment
-
-
-
256
pensions
-
-
-
10 330
total
-
-
-
16 898
Employee
24 573
-
27 676
-
other
24
-
28
-
unemployment
381
-
429
-
pensions
1 155
-
1 301
-
income
5 185
-
6 057
-
total
6 745
-
7 815
-
Employer
24 573
-
27 676
-
pensions
5 799
-
6 531
-
accident
486
-
548
-
unemployment
1 352
-
1 522
-
other
196
-
221
-
total
7 833
-
8 822
-
Corporate
4 095
36 500
-
-
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.

615
5 475
-
-
total
615
5 475
-
-
Dividends
3 480
31 025
-
-
withholding
661
6 403
-
-
total
661
6 403
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 854
11 878
16 637
16 898
After tax
20 646
24 622
19 863
19 602
Living cost
17 828
17 828
17 828
17 828
Free-cash
2 818
6 794
2 035
1 774

Estimated living cost  is ₴17828 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3178
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
-₴4163
-₴2824
-₴3497
-₴5349
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
-
-
-
36 500
communal
-
-
-
-
accident
-
-
-
329
income
-
-
-
2 332
surtax
-
-
-
1 932
health
-
-
-
2 737
pensions
-
-
-
5 840
total
-
-
-
13 170
Employee
37 383
-
32 604
-
pensions
2 990
-
2 608
-
surtax
2 291
-
1 998
-
income
3 611
-
2 544
-
health
1 664
-
1 451
-
total
10 556
-
8 601
-
Employer
37 383
-
32 604
-
health
1 140
-
995
-
pensions
2 990
-
2 608
-
accident
336
-
293
-
total
4 466
-
3 896
-
Corporate
-
36 500
-
-
communal
-
2 464
-
-
income
-
5 475
-
-
surtax
-
383
-
-
total
-
8 322
-
-
Dividends
-
28 179
-
-
income
-
1 287
-
-
withholding
-
4 227
-
-
total
-
5 514
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 022
13 836
12 497
13 170
After tax
21 478
22 664
24 003
23 330
Living cost
26 827
26 827
26 827
26 827
Free-cash
-5 349
-4 163
-2 824
-3 497

Estimated living cost  is ₴26827 per week

₴20124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4793
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
₴11870
₴8052
₴8859
₴10302
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
-
-
-
36 500
income
-
-
-
5 997
other
-
-
-
-
surtax
-
-
-
553
unemployment
-
-
-
112
health
-
-
-
2 591
pensions
-
-
-
7 300
total
-
-
-
16 553
Employee
16 624
-
30 153
-
other
-
-
-
-
unemployment
1 157
-
2 098
-
pensions
1 109
-
2 011
-
surtax
59
-
492
-
income
2 787
-
5 643
-
health
424
-
769
-
total
5 536
-
11 013
-
Employer
16 624
-
30 153
-
health
756
-
1 371
-
pensions
2 216
-
4 020
-
unemployment
527
-
956
-
other
-
-
-
-
total
3 499
-
6 347
-
Corporate
16 376
36 500
-
-
income
4 258
9 490
-
-
total
4 258
9 490
-
-
Dividends
12 118
27 010
-
-
withholding
1 817
4 052
-
-
total
1 817
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 110
13 542
17 360
16 553
After tax
21 390
22 958
19 140
19 947
Living cost
11 088
11 088
11 088
11 088
Free-cash
10 302
11 870
8 052
8 859

Estimated living cost  is ₴11088 per week

₴6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3173
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
₴5887
₴4239
₴6192
₴4792
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
-
-
-
36 500
social contributions
-
-
-
9 388
regional
-
-
-
550
municipal
-
-
-
217
national
-
-
-
6 855
total
-
-
-
17 010
Employee
27 383
-
36 500
-
municipal
145
-
194
-
national
4 338
-
5 970
-
regional
369
-
491
-
social contributions
9 234
-
12 308
-
total
14 086
-
18 963
-
Employer
27 383
-
36 500
-
total
-
-
-
-
Corporate
9 117
36 500
-
-
municipal
453
1 814
-
-
nationa
2 188
8 760
-
-
total
2 641
10 574
-
-
Dividends
6 475
25 926
-
-
withholding
1 683
6 741
-
-
total
1 683
6 741
-
-
Income
36 500
36 500
36 500
36 500
Total tax
18 410
17 315
18 963
17 010
After tax
18 090
19 185
17 537
19 490
Living cost
13 298
13 298
13 298
13 298
Free-cash
4 792
5 887
4 239
6 192

Estimated living cost  is ₴13298 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3453
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
₴10014
₴3406
₴2661
₴4621
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
-
-
-
36 500
income
-
-
-
3 137
social contributions
-
-
-
10 658
solidarity contribution
-
-
-
-
health
-
-
-
4 928
total
-
-
-
18 723
Employee
22 230
-
27 239
-
solidarity contribution
-
-
-
-
social contributions
1 445
-
1 771
-
income
2 668
-
3 269
-
health
3 001
-
3 677
-
total
7 114
-
8 717
-
Employer
22 230
-
27 239
-
health
2 001
-
2 451
-
social contributions
5 558
-
6 810
-
total
7 559
-
9 261
-
Corporate
6 712
36 500
-
-
income
1 275
6 935
-
-
total
1 275
6 935
-
-
Dividends
5 437
29 565
-
-
withholding
815
4 435
-
-
total
815
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 763
11 370
17 978
18 723
After tax
19 737
25 130
18 522
17 777
Living cost
15 116
15 116
15 116
15 116
Free-cash
4 621
10 014
3 406
2 661

Estimated living cost  is ₴15116 per week

₴11242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴2776
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
₴4980
-₴3019
₴3919
₴4738
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
-
-
-
36 500
income
-
-
-
4 113
surtax
-
-
-
-
unemployment
-
-
-
3 028
chamber of commerce
-
-
-
146
health
-
-
-
2 793
pensions
-
-
-
6 752
total
-
-
-
16 832
Employee
21 579
19 673
28 342
-
other
215
197
284
-
unemployment
647
590
851
-
pensions
2 210
2 014
2 902
-
income
1 922
1 451
3 861
-
health
835
762
1 097
-
total
5 829
5 014
8 995
-
Employer
21 579
19 673
28 342
-
chamber of commerce
86
79
113
-
health
816
744
1 072
-
pensions
2 708
2 469
3 557
-
accident
280
256
368
-
unemployment
647
590
851
-
surtax
-
-
-
-
payroll
647
590
851
-
other
1 025
934
1 346
-
total
6 209
5 662
8 158
-
Corporate
8 711
11 165
26 469
-
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.

2 178
2 792
6 617
-
total
2 178
2 792
6 617
-
Dividends
6 533
8 374
-
-
withholding
1 797
2 303
-
-
total
1 797
2 303
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 013
15 771
23 770
16 832
After tax
20 487
20 729
12 730
19 668
Living cost
15 749
15 749
15 749
15 749
Free-cash
4 738
4 980
-3 019
3 919

Estimated living cost  is ₴15749 per week

₴9448
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.
₴281
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.
₴4412
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
₴28449
₴22974
₴29909
₴27281
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%.

-
-
-
36 500
microenterprise

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

-
-
-
365
total
-
-
-
365
Employee
7 782
-
36 500
-
income
1 557
-
7 300
-
total
1 557
-
7 300
-
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%.

28 718
36 500
-
-
total
-
-
-
-
Dividends
28 718
36 500
-
-
withholding
1 436
1 825
-
-
total
1 436
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
2 993
1 825
7 300
365
After tax
33 507
34 675
29 200
36 135
Living cost
6 226
6 226
6 226
6 226
Free-cash
27 281
28 449
22 974
29 909

Estimated living cost  is ₴6226 per week

₴4213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
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
₴11889
₴5161
₴6207
₴7760
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.

-
-
-
36 500
income
-
-
-
6 740
unemployment
-
-
-
54
health
-
-
-
3 592
pensions
-
-
-
6 666
total
-
-
-
17 052
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.

21 829
-
31 582
-
unemployment
31
-
44
-
pensions
3 384
-
4 896
-
income
3 764
-
6 200
-
health
1 410
-
2 040
-
total
8 589
-
13 180
-
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.

21 829
-
31 582
-
health
1 454
-
2 104
-
pensions
1 932
-
2 795
-
unemployment
13
-
19
-
total
3 399
-
4 918
-
Corporate
11 272
36 500
-
-
income
2 141
6 935
-
-
total
2 141
6 935
-
-
Dividends
9 131
29 565
-
-
withholding
1 370
4 435
-
-
total
1 370
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 499
11 370
18 098
17 052
After tax
21 001
25 130
18 402
19 448
Living cost
13 241
13 241
13 241
13 241
Free-cash
7 760
11 889
5 161
6 207

Estimated living cost  is ₴13241 per week

₴9087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3049
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
₴609
₴8317
₴3626
-₴38133
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
-
-
-
36 500
income
-
-
-
7 115
social contributions
-
-
-
4 161
total
-
-
-
11 276
Employee
30 968
-
-
-
social contributions
2 539
-
362
-
income
6 831
-
-
-
total
9 370
-
362
-
Employer
30 968
-
-
-
social contributions
43 665
-
6 223
-
total
43 665
-
6 223
-
Corporate
-
36 500
-
-
income
-
8 030
-
-
total
-
8 030
-
-
Dividends
-
28 470
-
-
income
-
6 263
-
-
total
-
6 263
-
-
Income
36 500
36 500
36 500
36 500
Total tax
53 035
14 293
6 585
11 276
After tax
-16 535
22 207
29 915
25 224
Living cost
21 598
21 598
21 598
21 598
Free-cash
-38 133
609
8 317
3 626

Estimated living cost  is ₴21598 per week

₴14014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5278
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
₴5277
₴3872
₴5261
₴4781
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.

-
-
-
36 500
income
-
-
-
3 071
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
total
-
-
-
15 755
Employee
22 704
-
29 495
-
surtax
-
-
-
-
social contributions
2 497
-
3 244
-
income
4 722
-
6 895
-
total
7 219
-
10 139
-
Employer
22 704
-
29 495
-
social contributions
5 392
-
7 005
-
total
5 392
-
7 005
-
Corporate
8 404
36 500
-
-
income
1 765
7 665
-
-
surtax
-
-
-
-
total
1 765
7 665
-
-
Dividends
6 639
28 835
-
-
withholding
1 859
8 074
-
-
total
1 859
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 235
15 739
17 144
15 755
After tax
20 265
20 761
19 356
20 745
Living cost
15 484
15 484
15 484
15 484
Free-cash
4 781
5 277
3 872
5 261

Estimated living cost  is ₴15484 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2727
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
-₴5447
-₴2020
-₴2154
-₴4075
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
-
-
-
36 500
income
-
-
-
2 040
other
-
-
-
1 132
surtax
-
-
-
-
social contributions
-
-
-
1 040
health
-
-
-
316
pensions
-
-
-
10 283
total
-
-
-
14 811
Employee
30 918
-
27 812
-
pensions
3 497
-
3 146
-
surtax
-
-
-
-
social contributions
881
-
793
-
income
2 698
-
2 054
-
total
7 076
-
5 993
-
Employer
30 918
-
27 812
-
health
2 164
-
1 947
-
pensions
5 080
-
4 569
-
unemployment
1 252
-
1 126
-
social contributions
93
-
83
-
other
1 067
-
959
-
total
9 656
-
8 684
-
Corporate
-
36 500
-
-
income
-
10 220
-
-
surtax
-
-
-
-
total
-
10 220
-
-
Dividends
-
26 280
-
-
surtax
-
-
-
-
social contributions
-
4 520
-
-
withholding
-
3 364
-
-
total
-
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 732
18 104
14 677
14 811
After tax
19 768
18 396
21 823
21 689
Living cost
23 842
23 842
23 842
23 842
Free-cash
-4 075
-5 447
-2 020
-2 154

Estimated living cost  is ₴23842 per week

₴16136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴5429
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
₴18011
₴14356
₴13331
₴16353
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
-
-
-
36 500
income
-
-
-
300
social contributions
-
-
-
8 030
total
-
-
-
8 330
Employee
15 870
-
31 602
-
income
-
-
353
-
social contributions
1 031
-
2 054
-
total
1 031
-
2 407
-
Employer
15 870
-
31 602
-
social contributions
2 460
-
4 898
-
total
2 460
-
4 898
-
Corporate
18 170
36 500
-
-
income
1 817
3 650
-
-
total
1 817
3 650
-
-
Dividends
16 352
32 850
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
5 308
3 650
7 305
8 330
After tax
31 192
32 850
29 195
28 170
Living cost
14 839
14 839
14 839
14 839
Free-cash
16 353
18 011
14 356
13 331

Estimated living cost  is ₴14839 per week

₴9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3846
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
-₴71005
-₴71005
-₴596
-₴71005
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
-
-
-
36 500
labour market
-
-
-
2 886
municipal
-
-
-
6 344
national
-
-
-
3 675
pensions
-
-
-
428
total
-
-
-
13 333
Employee
100 298
100 298
100 298
-
municipal
21 358
21 358
21 358
-
labour market
8 012
8 012
8 012
-
pensions
143
143
143
-
national
12 253
12 253
12 253
-
total
41 766
41 766
41 766
-
Employer
100 298
100 298
100 298
-
national
12 275
12 275
12 275
-
labour market
8 024
8 024
8 024
-
pensions
285
285
285
-
municipal
21 392
21 392
21 392
-
total
41 976
41 976
41 976
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
83 742
83 742
83 742
13 333
After tax
-47 242
-47 242
-47 242
23 167
Living cost
23 763
23 763
23 763
23 763
Free-cash
-71 005
-71 005
-71 005
-596

Estimated living cost  is ₴23763 per week

₴16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5032
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
-₴7875
₴7788
₴14306
₴1294
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
-
-
-
36 500
accident
-
-
-
126
income
-
-
-
7 882
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
11 362
Employee
17 040
-
30 321
-
pensions
1 919
-
3 414
-
income
2 338
-
4 815
-
health
1 951
-
3 472
-
total
6 208
-
11 701
-
Employer
17 040
-
30 321
-
pensions
2 771
-
4 930
-
accident
285
-
506
-
unemployment
418
-
743
-
total
3 474
-
6 179
-
Corporate
15 987
36 500
-
-
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.

14 388
32 850
-
-
total
14 388
32 850
-
-
Dividends
1 599
3 650
-
-
withholding
304
693
-
-
total
304
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 374
33 543
17 880
11 362
After tax
12 126
2 957
18 620
25 138
Living cost
10 832
10 832
10 832
10 832
Free-cash
1 294
-7 875
7 788
14 306

Estimated living cost  is ₴10832 per week

₴7885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2127
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
₴5981
₴2887
₴8222
₴3893
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

-
-
-
36 500
health
-
-
-
356
municipal
-
-
-
6 506
national
-
-
-
2 464
total
-
-
-
9 326
Employee
25 972
-
30 706
-
municipal
4 254
-
5 023
-
unemployment
390
-
461
-
pensions
1 753
-
2 073
-
national
429
-
1 042
-
health
194
-
267
-
total
7 020
-
8 866
-
Employer
25 972
-
30 706
-
health
200
-
236
-
pensions
4 506
-
5 328
-
accident
26
-
31
-
unemployment
169
-
200
-
total
4 901
-
5 795
-
Corporate
5 628
36 500
-
-
income
1 126
7 300
-
-
total
1 126
7 300
-
-
Dividends

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

3 376
21 900
-
-
municipal
608
3 942
-
-
national
-
325
-
-
total
608
4 267
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 655
11 567
14 661
9 326
After tax
22 845
24 933
21 839
27 174
Living cost
18 952
18 952
18 952
18 952
Free-cash
3 893
5 981
2 887
8 222

Estimated living cost  is ₴18952 per week

₴12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4449
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
₴13909
₴14737
₴15942
₴12677
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
-
-
-
36 500
income
-
-
-
2 504
social contributions
-
-
-
5 694
health
-
-
-
931
total
-
-
-
9 129
Employee
37 959
37 959
37 959
-
social contributions
1 435
3 150
2 750
-
income
4 133
3 514
3 658
-
health
294
645
563
-
total
5 862
7 309
6 971
-
Employer
37 959
37 959
37 959
-
health
319
703
613
-
social contributions
1 435
3 150
2 750
-
total
1 754
3 853
3 363
-
Corporate
17 454
-
-
-
income
2 182
-
-
-
total
2 182
-
-
-
Dividends
15 272
-
-
-
withholding
2 596
-
-
-
total
2 596
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 394
11 162
10 334
9 129
After tax
24 106
25 338
26 166
27 371
Living cost
11 429
11 429
11 429
11 429
Free-cash
12 677
13 909
14 737
15 942

Estimated living cost  is ₴11429 per week

₴6850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3206
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
₴22388
₴14718
₴20425
₴19878
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
-
-
-
36 500
income
-
-
-
3 297
unemployment
-
-
-
14
health
-
-
-
1 786
pensions
-
-
-
3 140
total
-
-
-
8 237
Employee

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

11 331
-
33 091
-
unemployment
56
-
166
-
pensions
1 699
-
4 964
-
income
775
-
2 592
-
health
963
-
2 813
-
total
3 493
-
10 535
-
Employer

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

11 331
-
33 091
-
health
487
-
1 423
-
pensions
623
-
1 820
-
unemployment
56
-
166
-
total
1 166
-
3 409
-
Corporate
24 003
36 500
-
-
income
2 160
3 285
-
-
total
2 160
3 285
-
-
Dividends
21 843
33 215
-
-
withholding
1 965
2 989
-
-
total
1 965
2 989
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 784
6 274
13 944
8 237
After tax
27 716
30 226
22 556
28 263
Living cost
7 838
7 838
7 838
7 838
Free-cash
19 878
22 388
14 718
20 425

Estimated living cost  is ₴7838 per week

₴5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2038
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
₴11047
₴6288
₴6027
₴8458
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
-
-
-
36 500
accident
-
-
-
329
income
-
-
-
5 946
other
-
-
-
37
unemployment
-
-
-
256
pensions
-
-
-
10 330
total
-
-
-
16 898
Employee
18 253
-
27 676
-
other
18
-
28
-
unemployment
283
-
429
-
pensions
858
-
1 301
-
income
3 519
-
6 057
-
total
4 678
-
7 815
-
Employer
18 253
-
27 676
-
pensions
4 307
-
6 531
-
accident
362
-
548
-
unemployment
1 004
-
1 522
-
other
146
-
221
-
total
5 819
-
8 822
-
Corporate
12 428
36 500
-
-
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.

1 864
5 475
-
-
total
1 864
5 475
-
-
Dividends
10 563
31 025
-
-
withholding
2 106
6 403
-
-
total
2 106
6 403
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 467
11 878
16 637
16 898
After tax
22 033
24 622
19 863
19 602
Living cost
13 575
13 575
13 575
13 575
Free-cash
8 458
11 047
6 288
6 027

Estimated living cost  is ₴13575 per week

₴9163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
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.
₴2869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴21815
₴22131
₴22200
₴21658
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
-
-
-
36 500
income
-
-
-
12 130
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
13 339
Employee
1 464
-
35 711
-
unemployment
15
-
35
-
pensions
132
-
316
-
income
283
-
12 093
-
health
73
-
175
-
total
503
-
12 619
-
Employer
1 464
-
35 711
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
34 706
36 500
-
-
income
7 635
8 030
-
-
total
7 635
8 030
-
-
Dividends
27 071
28 470
-
-
withholding
5 414
5 694
-
-
total
5 414
5 694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 881
13 724
13 408
13 339
After tax
22 619
22 776
23 092
23 161
Living cost
961
961
961
961
Free-cash
21 658
21 815
22 131
22 200

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
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
₴17834
₴10575
₴9217
₴15405
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.

-
-
-
36 500
income
-
-
-
4 956
unemployment
-
-
-
547
health
-
-
-
3 758
pensions
-
-
-
9 485
total
-
-
-
18 746
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.

12 873
-
30 958
-
unemployment
97
-
232
-
pensions
1 802
-
4 334
-
income
1 774
-
5 687
-
health
663
-
1 594
-
total
4 336
-
11 847
-
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.

12 873
-
30 958
-
health
663
-
1 594
-
pensions
1 545
-
3 715
-
unemployment
97
-
232
-
total
2 305
-
5 541
-
Corporate
21 323
36 500
-
-
income
3 198
5 475
-
-
total
3 198
5 475
-
-
Dividends
18 124
31 025
-
-
withholding
2 719
4 654
-
-
total
2 719
4 654
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 558
10 129
17 388
18 746
After tax
23 942
26 371
19 112
17 754
Living cost
8 537
8 537
8 537
8 537
Free-cash
15 405
17 834
10 575
9 217

Estimated living cost  is ₴8537 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1882
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
₴7453
₴6048
₴7437
₴7275
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.

-
-
-
36 500
income
-
-
-
3 071
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
total
-
-
-
15 755
Employee
19 160
-
29 495
-
surtax
-
-
-
-
social contributions
2 108
-
3 244
-
income
3 744
-
6 895
-
total
5 852
-
10 139
-
Employer
19 160
-
29 495
-
social contributions
4 550
-
7 005
-
total
4 550
-
7 005
-
Corporate
12 790
36 500
-
-
income
2 686
7 665
-
-
surtax
-
-
-
-
total
2 686
7 665
-
-
Dividends
10 105
28 835
-
-
withholding
2 829
8 074
-
-
total
2 829
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 917
15 739
17 144
15 755
After tax
20 583
20 761
19 356
20 745
Living cost
13 308
13 308
13 308
13 308
Free-cash
7 275
7 453
6 048
7 437

Estimated living cost  is ₴13308 per week

₴9426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴2722
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
₴7273
₴2514
₴2253
₴3483
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
-
-
-
36 500
accident
-
-
-
329
income
-
-
-
5 946
other
-
-
-
37
unemployment
-
-
-
256
pensions
-
-
-
10 330
total
-
-
-
16 898
Employee
23 841
-
27 676
-
other
23
-
28
-
unemployment
369
-
429
-
pensions
1 120
-
1 301
-
income
4 979
-
6 057
-
total
6 491
-
7 815
-
Employer
23 841
-
27 676
-
pensions
5 626
-
6 531
-
accident
472
-
548
-
unemployment
1 312
-
1 522
-
other
191
-
221
-
total
7 601
-
8 822
-
Corporate
5 058
36 500
-
-
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.

759
5 475
-
-
total
759
5 475
-
-
Dividends
4 299
31 025
-
-
withholding
817
6 403
-
-
total
817
6 403
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 668
11 878
16 637
16 898
After tax
20 832
24 622
19 863
19 602
Living cost
17 349
17 349
17 349
17 349
Free-cash
3 483
7 273
2 514
2 253

Estimated living cost  is ₴17349 per week

₴12459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
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.
₴3297
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
₴22704
₴18797
₴17911
₴19690
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
-
-
-
36 500
income
-
-
-
5 475
unemployment
-
-
-
69
health
-
-
-
1 986
pensions

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

-
-
-
2 555
total
-
-
-
10 085
Employee
11 260
-
33 112
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

989
-
1 516
-
income
1 126
-
3 311
-
health
518
-
794
-
total
2 757
-
5 811
-
Employer
11 260
-
33 112
-
health
777
-
1 191
-
pensions

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

1 241
-
1 903
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
unemployment
68
-
104
-
total
2 210
-
3 388
-
Corporate
23 031
36 500
-
-
income
2 303
3 650
-
-
total
2 303
3 650
-
-
Dividends
20 728
32 850
-
-
withholding
1 036
1 642
-
-
total
1 036
1 642
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 306
5 292
9 199
10 085
After tax
28 194
31 208
27 301
26 415
Living cost
8 504
8 504
8 504
8 504
Free-cash
19 690
22 704
18 797
17 911

Estimated living cost  is ₴8504 per week

₴5624
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.
₴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.
₴2190
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
-₴190
₴8118
₴6174
₴6268
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.

-
-
-
36 500
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.

-
-
-
5 642
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.

-
-
-
310
health

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

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

-
-
-
3 372
trade
-
-
-
1 944
total
-
-
-
11 268
Employee

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

24 562
-
36 500
-
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.

111
-
310
-
income

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

2 020
-
5 642
-
health

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

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

3 372
-
3 372
-
total
5 503
-
9 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 938
36 500
-
-
income
1 791
5 475
-
-
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.

98
301
-
-
chamber of commerce
93
128
-
-
trade
1 713
5 238
-
-
total
3 695
11 142
-
-
Dividends
8 242
25 359
-
-
surtax

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

103
338
-
-
withholding
1 873
6 152
-
-
total
1 976
6 490
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 174
17 632
9 324
11 268
After tax
25 326
18 868
27 176
25 232
Living cost
19 058
19 058
19 058
19 058
Free-cash
6 268
-190
8 118
6 174

Estimated living cost  is ₴19058 per week

₴13147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
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.
₴3584
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
-₴2570
-₴1035
-₴1035
-₴2114
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
-
-
-
36 500
income
-
-
-
6 440
social contributions
-
-
-
2 975
total
-
-
-
9 415
Employee
38 614
-
36 500
-
income
7 286
-
6 440
-
social contributions
3 208
-
2 975
-
total
10 494
-
9 415
-
Employer
38 614
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
income
-
4 562
-
-
total
-
4 562
-
-
Dividends
-
31 938
-
-
withholding
-
6 388
-
-
total
-
6 388
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 494
10 950
9 415
9 415
After tax
26 006
25 550
27 085
27 085
Living cost
28 120
28 120
28 120
28 120
Free-cash
-2 114
-2 570
-1 035
-1 035

Estimated living cost  is ₴28120 per week

₴21393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴4167
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
₴3197
₴8685
₴1545
₴6056
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.

-
-
-
36 500
income
-
-
-
14 052
health

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

-
-
-
2 983
total
-
-
-
17 035
Employee
22 646
-
34 229
-
income
2 457
-
5 353
-
social contributions
2 269
-
2 271
-
total
4 726
-
7 624
-
Employer
22 646
-
34 229
-
social contributions
2 269
-
2 271
-
total
2 269
-
2 271
-
Corporate
11 585
36 500
-
-
income
4 055
12 775
-
-
total
4 055
12 775
-
-
Dividends
7 530
23 725
-
-
social contributions
1 474
2 608
-
-
total
1 474
2 608
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 524
15 383
9 895
17 035
After tax
23 976
21 117
26 605
19 465
Living cost
17 920
17 920
17 920
17 920
Free-cash
6 056
3 197
8 685
1 545

Estimated living cost  is ₴17920 per week

₴11804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴4428
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
₴9122
₴5039
₴9001
₴6354
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
-
-
-
36 500
income
-
-
-
6 807
pensions
-
-
-
2 466
total
-
-
-
9 273
Employee
25 018
-
32 346
-
pensions
1 909
-
2 789
-
income
4 556
-
5 816
-
health
326
-
477
-
total
6 791
-
9 082
-
Employer
25 018
-
32 346
-
health
475
-
615
-
pensions
2 528
-
3 538
-
total
3 003
-
4 153
-
Corporate
8 479
36 500
-
-
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.

1 611
6 935
-
-
total
1 611
6 935
-
-
Dividends
6 868
29 565
-
-
withholding
515
2 217
-
-
total
515
2 217
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 920
9 152
13 235
9 273
After tax
24 580
27 348
23 265
27 227
Living cost
18 226
18 226
18 226
18 226
Free-cash
6 354
9 122
5 039
9 001

Estimated living cost  is ₴18226 per week

₴12503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3818
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
-₴8948
₴6715
₴13233
₴1130
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
-
-
-
36 500
accident
-
-
-
126
income
-
-
-
7 882
other
-
-
-
185
health
-
-
-
1 090
pensions
-
-
-
2 079
total
-
-
-
11 362
Employee
18 727
-
30 321
-
pensions
2 109
-
3 414
-
income
2 569
-
4 815
-
health
2 144
-
3 472
-
total
6 822
-
11 701
-
Employer
18 727
-
30 321
-
pensions
3 045
-
4 930
-
accident
313
-
506
-
unemployment
459
-
743
-
total
3 817
-
6 179
-
Corporate
13 957
36 500
-
-
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.

12 561
32 850
-
-
total
12 561
32 850
-
-
Dividends
1 396
3 650
-
-
withholding
265
693
-
-
total
265
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 465
33 543
17 880
11 362
After tax
13 035
2 957
18 620
25 138
Living cost
11 905
11 905
11 905
11 905
Free-cash
1 130
-8 948
6 715
13 233

Estimated living cost  is ₴11905 per week

₴8737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴2234
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
₴24355
₴14537
₴14537
₴21954
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.

-
-
-
36 500
income
-
-
-
5 255
unemployment
-
-
-
438
work injury
-
-
-
183
health insurance
-
-
-
2 701
pensions
-
-
-
6 716
total
-
-
-
15 293
Employee

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

10 671
-
36 500
-
health insurance
790
-
2 701
-
unemployment
128
-
438
-
work injury
53
-
183
-
pensions
1 964
-
6 716
-
income
1 067
-
5 255
-
total
4 002
-
15 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 829
36 500
-
-
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
25 829
36 500
-
-
withholding
3 874
5 475
-
-
total
3 874
5 475
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 876
5 475
15 293
15 293
After tax
28 624
31 025
21 207
21 207
Living cost
6 670
6 670
6 670
6 670
Free-cash
21 954
24 355
14 537
14 537

Estimated living cost  is ₴6670 per week

₴4132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
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.
₴1845
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
-₴440
-₴2181
-₴263
-₴5099
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
-
-
-
36 500
social contributions
-
-
-
9 388
regional
-
-
-
610
municipal
-
-
-
244
national
-
-
-
6 855
total
-
-
-
17 097
Employee
41 598
-
36 500
-
municipal
248
-
217
-
national
7 030
-
5 970
-
regional
628
-
520
-
social contributions
14 027
-
12 308
-
total
21 933
-
19 015
-
Employer
41 598
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
municipal
-
1 759
-
-
nationa
-
8 760
-
-
total
-
10 519
-
-
Dividends
-
25 981
-
-
withholding
-
6 755
-
-
total
-
6 755
-
-
Income
36 500
36 500
36 500
36 500
Total tax
21 933
17 274
19 015
17 097
After tax
14 567
19 226
17 485
19 403
Living cost
19 666
19 666
19 666
19 666
Free-cash
-5 099
-440
-2 181
-263

Estimated living cost  is ₴19666 per week

₴13814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
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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