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
₴11778
₴2975
₴9782
₴8643
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
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.

-
-
-
3 501
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.

-
-
-
5 401
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.

-
-
-
297
trade
-
-
-
1 996
total
-
-
-
11 195
Employee

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

19 602
-
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.

30
-
297
-
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.

548
-
5 401
-
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.

3 501
-
3 501
-
total
4 079
-
9 199
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 898
36 500
-
-
chamber of commerce
102
130
-
-
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.

139
301
-
-
trade
2 662
5 749
-
-
income
2 534
5 475
-
-
total
5 437
11 655
-
-
Dividends
11 461
24 844
-
-
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.

147
331
-
-
withholding
2 671
6 016
-
-
total
2 818
6 347
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 334
18 002
9 199
11 195
After tax
24 166
18 498
27 301
25 305
Living cost
15 523
15 523
15 523
15 523
Free-cash
8 643
2 975
11 778
9 782

Estimated living cost  is ₴15523 per week

₴9764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴3659
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
-₴4244
-₴4330
-₴4531
-₴9333
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
pensions
-
-
-
4 380
national
-
-
-
5 563
municipal
-
-
-
3 590
total
-
-
-
13 925
Employee
42 019
-
31 554
-
municipal
5 190
-
3 731
-
national
8 042
-
5 782
-
pensions
1 681
-
1 262
-
total
14 913
-
10 775
-
Employer
42 019
-
31 554
-
pensions
3 362
-
2 524
-
social contributions
452
-
339
-
total
3 814
-
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
18 727
13 724
13 638
13 925
After tax
17 773
22 776
22 862
22 575
Living cost
27 106
27 106
27 106
27 106
Free-cash
-9 333
-4 330
-4 244
-4 531

Estimated living cost  is ₴27106 per week

₴18424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴406
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.
₴5757
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
₴10079
₴18538
₴18750
₴14333
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
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.

-
-
-
1 613
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
5 475
total
-
-
-
7 088
Employee
14 975
-
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.

1 648
-
3 236
-
income
2 666
-
5 437
-
total
4 314
-
8 673
-
Employer
14 975
-
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.

3 607
-
7 086
-
total
3 607
-
7 086
-
Corporate
17 917
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%.

3 584
7 300
-
-
total
3 584
7 300
-
-
Dividends

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

14 334
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 505
7 300
15 759
7 088
After tax
24 995
29 200
20 741
29 412
Living cost
10 662
10 662
10 662
10 662
Free-cash
14 333
18 538
10 079
18 750

Estimated living cost  is ₴10662 per week

₴6802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2603
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
-₴14392
-₴11516
-₴669
-₴14392
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
health
-
-
-
5 299
income
-
-
-
4 396
pensions
-
-
-
6 005
total
-
-
-
15 700
Employee
43 765
43 765
43 765
-
income

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

7 164
7 164
7 164
-
pensions
7 878
6 005
7 878
-
health
6 717
5 714
6 717
-
total
21 759
18 883
21 759
-
Employer
43 765
43 765
43 765
-
unemployment
1 576
1 576
1 576
-
health
3 042
3 042
3 042
-
pensions
3 046
3 046
3 046
-
total
7 664
7 664
7 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
29 423
26 547
29 423
15 700
After tax
7 077
9 953
7 077
20 800
Living cost
21 469
21 469
21 469
21 469
Free-cash
-14 392
-11 516
-14 392
-669

Estimated living cost  is ₴21469 per week

₴15215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴341
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.
₴3978
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
-₴1734
-₴1297
-₴3032
-₴3247
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
-
-
-
4 241
health
-
-
-
2 278
accident
-
-
-
73
pensions
-
-
-
3 946
national
-
-
-
-
unemployment
-
-
-
37
municipal
-
-
-
7 731
total
-
-
-
18 306
Employee
30 245
-
27 774
-
municipal
9 019
-
8 282
-
national
-
-
-
-
total
9 019
-
8 282
-
Employer
30 245
-
27 774
-
other
3 514
-
3 227
-
unemployment
798
-
733
-
health
1 860
-
1 708
-
accident
61
-
56
-
pensions
3 269
-
3 002
-
total
9 502
-
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
18 521
16 571
17 008
18 306
After tax
17 979
19 929
19 492
18 194
Living cost
21 226
21 226
21 226
21 226
Free-cash
-3 247
-1 297
-1 734
-3 032

Estimated living cost  is ₴21226 per week

₴14068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
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.
₴4753
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
₴7168
-₴1824
₴5084
₴5377
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
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.

-
-
-
3 501
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.

-
-
-
5 401
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.

-
-
-
297
trade
-
-
-
2 084
total
-
-
-
11 283
Employee

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

25 990
-
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.

123
-
297
-
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.

2 233
-
5 401
-
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.

3 501
-
3 501
-
total
5 857
-
9 199
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 510
36 500
-
-
chamber of commerce
92
129
-
-
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.

87
301
-
-
trade
1 729
6 005
-
-
income
1 577
5 475
-
-
total
3 485
11 910
-
-
Dividends
7 026
24 589
-
-
surtax

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

86
328
-
-
withholding
1 562
5 953
-
-
total
1 648
6 281
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 990
18 191
9 199
11 283
After tax
25 510
18 309
27 301
25 217
Living cost
20 133
20 133
20 133
20 133
Free-cash
5 377
-1 824
7 168
5 084

Estimated living cost  is ₴20133 per week

₴13465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4244
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
₴9365
₴8288
₴10937
₴8055
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
-
-
-
5 694
health
-
-
-
931
income
-
-
-
2 315
total
-
-
-
8 940
Employee
39 408
39 408
39 408
-
social contributions
1 915
3 271
2 750
-
income
4 138
3 648
3 836
-
health
392
670
563
-
total
6 445
7 589
7 149
-
Employer
39 408
39 408
39 408
-
health
427
729
613
-
social contributions
1 915
3 271
2 750
-
total
2 342
4 000
3 363
-
Corporate
11 090
-
-
-
income
1 386
-
-
-
total
1 386
-
-
-
Dividends
9 704
-
-
-
withholding
1 649
-
-
-
total
1 649
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 822
11 589
10 512
8 940
After tax
24 678
24 911
25 988
27 560
Living cost
16 623
16 623
16 623
16 623
Free-cash
8 055
8 288
9 365
10 937

Estimated living cost  is ₴16623 per week

₴11363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1298
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.
₴3682
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
₴11704
₴11165
₴15829
₴11360
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
health
-
-
-
2 555
income
-
-
-
4 462
pensions
-
-
-
3 650
unemployment
-
-
-
548
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.

13 650
5 433
30 544
-
income
1 669
664
3 734
-
pensions
1 365
543
3 054
-
health
956
380
2 138
-
unemployment
205
81
458
-
total
4 195
1 668
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.

13 650
5 433
30 544
-
pensions
2 662
1 059
5 956
-
total
2 662
1 059
5 956
-
Corporate
20 188
30 008
-
-
income
1 817
2 701
-
-
total
1 817
2 701
-
-
Dividends
18 371
27 307
-
-
social contributions
3 520
5 263
-
-
withholding
3 490
5 188
-
-
total
7 010
10 451
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 684
15 879
15 340
11 215
After tax
20 816
20 621
21 160
25 285
Living cost
9 456
9 456
9 456
9 456
Free-cash
11 360
11 165
11 704
15 829

Estimated living cost  is ₴9456 per week

₴6453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2041
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
₴8658
₴16821
₴7191
₴13636
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
health
-
-
-
4 745
income
-
-
-
4 885
pensions
-
-
-
7 300
total
-
-
-
16 930
Employee
14 539
-
27 279
-
income
1 637
-
5 260
-
pensions
291
-
546
-
unemployment
232
-
437
-
total
2 160
-
6 243
-
Employer
14 539
-
27 279
-
unemployment
117
-
218
-
health
1 890
-
3 546
-
pensions
2 908
-
5 456
-
total
4 915
-
9 220
-
Corporate
17 047
36 500
-
-
income
3 410
7 300
-
-
total
3 410
7 300
-
-
Dividends
13 637
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 485
7 300
15 463
16 930
After tax
26 015
29 200
21 037
19 570
Living cost
12 379
12 379
12 379
12 379
Free-cash
13 636
16 821
8 658
7 191

Estimated living cost  is ₴12379 per week

₴8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2902
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
₴7354
-₴8397
₴13794
₴1216
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
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
7 758
pensions
-
-
-
2 147
total
-
-
-
11 352
Employee
17 861
-
30 321
-
income
2 450
-
4 727
-
pensions
2 011
-
3 414
-
health
2 045
-
3 472
-
total
6 506
-
11 613
-
Employer
17 861
-
30 321
-
unemployment
438
-
743
-
accident
298
-
506
-
pensions
2 904
-
4 930
-
total
3 640
-
6 179
-
Corporate
14 999
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.

13 499
32 850
-
-
total
13 499
32 850
-
-
Dividends
1 500
3 650
-
-
withholding
285
693
-
-
total
285
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 930
33 543
17 792
11 352
After tax
12 570
2 957
18 708
25 148
Living cost
11 354
11 354
11 354
11 354
Free-cash
1 216
-8 397
7 354
13 794

Estimated living cost  is ₴11354 per week

₴8322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2167
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
₴24943
₴30418
₴31878
₴29620
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
5 321
-
36 500
-
income
1 064
-
7 300
-
total
1 064
-
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%.

31 179
36 500
-
-
total
-
-
-
-
Dividends
31 179
36 500
-
-
withholding
1 559
1 825
-
-
total
1 559
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
2 623
1 825
7 300
365
After tax
33 877
34 675
29 200
36 135
Living cost
4 257
4 257
4 257
4 257
Free-cash
29 620
30 418
24 943
31 878

Estimated living cost  is ₴4257 per week

₴2638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴1148
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
₴7739
₴13161
₴6108
₴9697
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
-
-
-
1 734
health
-
-
-
1 606
income
-
-
-
4 636
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
18 608
-
29 152
-
income
3 204
-
5 018
-
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.

1 302
-
2 040
-
health
261
-
408
-
unemployment
186
-
292
-
total
4 953
-
7 758
-
Employer
18 608
-
29 152
-
other
931
-
1 458
-
unemployment
186
-
292
-
health
261
-
408
-
accident
149
-
233
-
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.

3 164
-
4 956
-
total
4 691
-
7 347
-
Corporate
13 202
36 500
-
-
income
2 773
7 665
-
-
total
2 773
7 665
-
-
Dividends
10 429
28 835
-
-
withholding
730
2 018
-
-
total
730
2 018
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 147
9 683
15 105
16 736
After tax
23 353
26 817
21 395
19 764
Living cost
13 656
13 656
13 656
13 656
Free-cash
9 697
13 161
7 739
6 108

Estimated living cost  is ₴13656 per week

₴9649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2865
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
-₴10810
-₴6790
-₴6883
-₴18419
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
-
-
-
6 813
pensions
-
-
-
2 433
total
-
-
-
9 246
Employee
48 299
-
32 379
-
income
8 706
-
5 832
-
health
796
-
470
-
pensions
4 660
-
2 750
-
total
14 162
-
9 052
-
Employer
48 299
-
32 379
-
health
917
-
615
-
pensions
5 703
-
3 506
-
total
6 620
-
4 121
-
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
-
2 218
-
-
total
-
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
20 782
9 153
13 173
9 246
After tax
15 718
27 347
23 327
27 254
Living cost
34 137
34 137
34 137
34 137
Free-cash
-18 419
-6 790
-10 810
-6 883

Estimated living cost  is ₴34137 per week

₴25580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4269
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
₴20478
₴24542
₴19617
₴22180
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
health
-
-
-
2 042
income
-
-
-
5 475
pensions

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

-
-
-
2 629
unemployment
-
-
-
71
total
-
-
-
10 217
Employee
8 827
-
33 016
-
income
883
-
3 301
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

775
-
1 559
-
health
406
-
817
-
total
2 161
-
5 872
-
Employer
8 827
-
33 016
-
unemployment
53
-
107
-
health
609
-
1 225
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

973
-
1 957
-
total
1 732
-
3 484
-
Corporate
25 941
36 500
-
-
income
2 594
3 650
-
-
total
2 594
3 650
-
-
Dividends
23 347
32 850
-
-
withholding
1 167
1 642
-
-
total
1 167
1 642
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 654
5 292
9 356
10 217
After tax
28 846
31 208
27 144
26 283
Living cost
6 666
6 666
6 666
6 666
Free-cash
22 180
24 542
20 478
19 617

Estimated living cost  is ₴6666 per week

₴3892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2122
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
-₴21342
-₴18466
-₴7619
-₴19336
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
health
-
-
-
5 299
income
-
-
-
4 396
pensions
-
-
-
6 005
total
-
-
-
15 700
Employee
47 515
43 765
43 765
-
income

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

7 164
7 164
7 164
-
pensions
6 005
6 005
7 878
-
health
5 928
5 714
6 717
-
total
19 097
18 883
21 759
-
Employer
47 515
43 765
43 765
-
unemployment
1 711
1 576
1 576
-
health
3 302
3 042
3 042
-
pensions
3 307
3 046
3 046
-
total
8 320
7 664
7 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
27 417
26 547
29 423
15 700
After tax
9 083
9 953
7 077
20 800
Living cost
28 419
28 419
28 419
28 419
Free-cash
-19 336
-18 466
-21 342
-7 619

Estimated living cost  is ₴28419 per week

₴20963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
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.
₴4591
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
₴5883
₴12491
₴5138
₴7982
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
-
-
-
10 658
health
-
-
-
4 928
income
-
-
-
3 137
solidarity contribution
-
-
-
-
total
-
-
-
18 723
Employee
18 587
-
27 239
-
social contributions
1 208
-
1 771
-
solidarity contribution
-
-
-
-
income
2 230
-
3 269
-
health
2 509
-
3 677
-
total
5 947
-
8 717
-
Employer
18 587
-
27 239
-
health
1 673
-
2 451
-
social contributions
4 647
-
6 810
-
total
6 320
-
9 261
-
Corporate
11 594
36 500
-
-
income
2 203
6 935
-
-
total
2 203
6 935
-
-
Dividends
9 391
29 565
-
-
withholding
1 409
4 435
-
-
total
1 409
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 879
11 370
17 978
18 723
After tax
20 621
25 130
18 522
17 777
Living cost
12 639
12 639
12 639
12 639
Free-cash
7 982
12 491
5 883
5 138

Estimated living cost  is ₴12639 per week

₴8779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2712
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
-₴3906
-₴2151
-₴1844
-₴9047
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
national
-
-
-
6 737
regional
-
-
-
377
municipal
-
-
-
217
total
-
-
-
16 719
Employee
45 547
-
36 500
-
social contributions
15 359
-
12 308
-
municipal
241
-
194
-
national
7 892
-
5 948
-
regional
430
-
331
-
total
23 922
-
18 781
-
Employer
45 547
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
nationa
-
8 760
-
-
municipal
-
1 424
-
-
total
-
10 184
-
-
Dividends
-
26 316
-
-
withholding
-
6 842
-
-
total
-
6 842
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 922
17 026
18 781
16 719
After tax
12 578
19 474
17 719
19 781
Living cost
21 625
21 625
21 625
21 625
Free-cash
-9 047
-2 151
-3 906
-1 844

Estimated living cost  is ₴21625 per week

₴15075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴4801
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
₴7923
₴11649
₴8727
₴10055
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
-
-
-
-
health
-
-
-
2 592
income
-
-
-
5 932
pensions
-
-
-
7 300
surtax
-
-
-
523
unemployment
-
-
-
117
total
-
-
-
16 464
Employee
16 948
-
30 152
-
surtax
55
-
462
-
income
2 841
-
5 579
-
other
-
-
-
-
pensions
1 130
-
2 011
-
health
433
-
769
-
unemployment
1 180
-
2 099
-
total
5 639
-
10 920
-
Employer
16 948
-
30 152
-
other
-
-
-
-
unemployment
537
-
956
-
health
771
-
1 372
-
pensions
2 259
-
4 020
-
total
3 567
-
6 348
-
Corporate
15 985
36 500
-
-
income
4 156
9 490
-
-
total
4 156
9 490
-
-
Dividends
11 829
27 010
-
-
withholding
1 774
4 052
-
-
total
1 774
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 136
13 542
17 268
16 464
After tax
21 364
22 958
19 232
20 036
Living cost
11 309
11 309
11 309
11 309
Free-cash
10 055
11 649
7 923
8 727

Estimated living cost  is ₴11309 per week

₴6915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1044
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3090
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
₴5
₴4025
₴3932
₴9
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
-
-
-
6 813
pensions
-
-
-
2 433
total
-
-
-
9 246
Employee
32 369
-
32 379
-
income
5 830
-
5 832
-
health
470
-
470
-
pensions
2 747
-
2 750
-
total
9 047
-
9 052
-
Employer
32 369
-
32 379
-
health
615
-
615
-
pensions
3 504
-
3 506
-
total
4 119
-
4 121
-
Corporate
13
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.

2
6 935
-
-
total
2
6 935
-
-
Dividends
10
29 565
-
-
withholding
1
2 218
-
-
total
1
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 169
9 153
13 173
9 246
After tax
23 331
27 347
23 327
27 254
Living cost
23 322
23 322
23 322
23 322
Free-cash
9
4 025
5
3 932

Estimated living cost  is ₴23322 per week

₴17472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴3857
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
-₴12339
-₴24614
-₴10470
-₴16441
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
health
-
-
-
135
pensions
-
-
-
3 359
city
-
-
-
384
national
-
-
-
130
regional
-
-
-
928
total
-
-
-
5 666
Employee
48 337
-
32 669
-
national
229
-
108
-
city
519
-
351
-
pensions
4 061
-
2 744
-
health
109
-
73
-
regional
1 583
-
789
-
unemployment
-
-
-
-
total
6 501
-
4 065
-
Employer
48 337
-
32 669
-
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.

966
-
653
-
unemployment
-
-
-
-
health
109
-
73
-
pensions
4 061
-
2 744
-
total
5 136
-
3 470
-
Corporate
-
36 500
-
-
regional
-
7 720
-
-
national
-
3 103
-
-
total
-
10 823
-
-
Dividends
-
25 677
-
-
withholding
-
8 987
-
-
total
-
8 987
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 637
19 810
7 535
5 666
After tax
24 863
16 690
28 965
30 834
Living cost
41 304
41 304
41 304
41 304
Free-cash
-16 441
-24 614
-12 339
-10 470

Estimated living cost  is ₴41304 per week

₴26860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴507
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.
₴10231
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
₴3823
-₴5355
₴1649
₴2955
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
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.

-
-
-
3 501
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.

-
-
-
5 401
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.

-
-
-
297
trade
-
-
-
2 174
total
-
-
-
11 373
Employee

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

30 800
-
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.

199
-
297
-
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.

3 622
-
5 401
-
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.

3 501
-
3 501
-
total
7 322
-
9 199
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 700
36 500
-
-
chamber of commerce
86
129
-
-
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.

47
301
-
-
trade
977
6 259
-
-
income
855
5 475
-
-
total
1 965
12 164
-
-
Dividends
3 735
24 334
-
-
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.

41
324
-
-
withholding
739
5 889
-
-
total
780
6 213
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 067
18 377
9 199
11 373
After tax
26 433
18 123
27 301
25 127
Living cost
23 478
23 478
23 478
23 478
Free-cash
2 955
-5 355
3 823
1 649

Estimated living cost  is ₴23478 per week

₴17147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4148
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
₴4338
₴862
₴4180
₴3889
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
-
-
-
1 131
social contributions
-
-
-
1 040
health
-
-
-
316
income
-
-
-
1 986
pensions
-
-
-
10 313
surtax
-
-
-
-
total
-
-
-
14 786
Employee
21 934
-
27 814
-
surtax
-
-
-
-
social contributions
625
-
792
-
income
1 294
-
2 005
-
pensions
2 480
-
3 145
-
total
4 399
-
5 942
-
Employer
21 934
-
27 814
-
other
757
-
960
-
unemployment
888
-
1 126
-
health
1 536
-
1 947
-
pensions
3 603
-
4 569
-
social contributions
66
-
84
-
total
6 850
-
8 686
-
Corporate
7 716
36 500
-
-
surtax
-
-
-
-
income
2 161
10 220
-
-
total
2 161
10 220
-
-
Dividends
5 555
26 280
-
-
social contributions
956
4 520
-
-
surtax
-
-
-
-
withholding
711
3 364
-
-
total
1 667
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 077
18 104
14 628
14 786
After tax
21 423
18 396
21 872
21 714
Living cost
17 534
17 534
17 534
17 534
Free-cash
3 889
862
4 338
4 180

Estimated living cost  is ₴17534 per week

₴11056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4755
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
₴6075
₴2599
₴5917
₴5446
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
-
-
-
1 131
social contributions
-
-
-
1 040
health
-
-
-
316
income
-
-
-
1 986
pensions
-
-
-
10 313
surtax
-
-
-
-
total
-
-
-
14 786
Employee
19 579
-
27 814
-
surtax
-
-
-
-
social contributions
558
-
792
-
income
1 010
-
2 005
-
pensions
2 215
-
3 145
-
total
3 783
-
5 942
-
Employer
19 579
-
27 814
-
other
676
-
960
-
unemployment
793
-
1 126
-
health
1 370
-
1 947
-
pensions
3 217
-
4 569
-
social contributions
58
-
84
-
total
6 114
-
8 686
-
Corporate
10 806
36 500
-
-
surtax
-
-
-
-
income
3 026
10 220
-
-
total
3 026
10 220
-
-
Dividends
7 781
26 280
-
-
social contributions
1 338
4 520
-
-
surtax
-
-
-
-
withholding
996
3 364
-
-
total
2 334
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 257
18 104
14 628
14 786
After tax
21 243
18 396
21 872
21 714
Living cost
15 797
15 797
15 797
15 797
Free-cash
5 446
2 599
6 075
5 917

Estimated living cost  is ₴15797 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4731
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
₴10751
₴11401
₴12573
₴11668
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
-
-
-
5 037
health
-
-
-
2 548
income
-
-
-
5 475
total
-
-
-
13 060
Employee
17 377
-
36 500
-
social contributions
2 398
-
5 037
-
income
2 898
-
7 297
-
health
1 213
-
2 548
-
total
6 509
-
14 882
-
Employer
17 377
-
36 500
-
total
-
-
-
-
Corporate
19 123
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%.

956
1 825
-
-
total
956
1 825
-
-
Dividends
18 167
34 675
-
-
social contributions
2 507
4 785
-
-
withholding
2 725
5 201
-
-
health
1 268
2 421
-
-
total
6 500
12 407
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 965
14 232
14 882
13 060
After tax
22 535
22 268
21 618
23 440
Living cost
10 867
10 867
10 867
10 867
Free-cash
11 668
11 401
10 751
12 573

Estimated living cost  is ₴10867 per week

₴7273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2674
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
-₴5168
₴2649
₴1599
₴1858
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
health
-
-
-
2 792
income
-
-
-
3 909
chamber of commerce
-
-
-
146
pensions
-
-
-
6 752
surtax
-
-
-
101
unemployment
-
-
-
3 143
total
-
-
-
16 843
Employee
25 612
20 424
28 264
-
income
2 916
1 506
3 675
-
other
256
204
283
-
pensions
2 623
2 091
2 894
-
health
991
791
1 094
-
unemployment
768
613
848
-
total
7 554
5 205
8 794
-
Employer
25 612
20 424
28 264
-
other
1 217
970
1 342
-
unemployment
768
613
848
-
health
968
772
1 069
-
surtax
101
101
101
-
accident
333
266
368
-
pensions
3 214
2 564
3 547
-
payroll
768
613
848
-
chamber of commerce
102
82
113
-
total
7 471
5 981
8 236
-
Corporate
3 417
10 097
26 319
-
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.

854
2 525
6 580
-
total
854
2 525
6 580
-
Dividends
2 563
7 572
-
-
withholding
705
2 082
-
-
total
705
2 082
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 584
15 793
23 610
16 843
After tax
19 916
20 707
12 890
19 657
Living cost
18 058
18 058
18 058
18 058
Free-cash
1 858
2 649
-5 168
1 599

Estimated living cost  is ₴18058 per week

₴12044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1541
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.
₴4177
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
-₴3573
₴1839
-₴131
-₴10829
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
-
-
-
4 898
communal

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

-
-
-
1 896
national
-
-
-
11 151
total
-
-
-
17 945
Employee

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

36 659
-
28 270
-
national
11 270
-
7 989
-
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.

2 749
-
2 120
-
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.

1 722
-
1 329
-
communal

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

1 912
-
1 474
-
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.

319
-
246
-
total
17 972
-
13 158
-
Employer

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

36 659
-
28 270
-
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.

535
-
412
-
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.

2 254
-
1 739
-
surtax
4 157
-
3 206
-
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.

477
-
368
-
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.

3 248
-
2 504
-
total
10 671
-
8 229
-
Corporate
-
36 500
-
-
surtax
-
146
-
-
income
-
7 300
-
-
total
-
7 446
-
-
Dividends
-
29 054
-
-
withholding

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

-
8 529
-
-
total
-
8 529
-
-
Income
36 500
36 500
36 500
36 500
Total tax
28 643
15 975
21 387
17 945
After tax
7 857
20 525
15 113
18 555
Living cost
18 686
18 686
18 686
18 686
Free-cash
-10 829
1 839
-3 573
-131

Estimated living cost  is ₴18686 per week

₴12036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4724
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
₴1420
₴6119
₴1159
₴1967
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
-
-
-
37
accident
-
-
-
329
income
-
-
-
5 881
pensions
-
-
-
10 330
unemployment
-
-
-
256
total
-
-
-
16 833
Employee
25 511
-
27 677
-
income
5 383
-
5 991
-
other
25
-
27
-
pensions
1 199
-
1 301
-
unemployment
396
-
429
-
total
7 003
-
7 748
-
Employer
25 511
-
27 677
-
other
203
-
222
-
unemployment
1 403
-
1 522
-
accident
505
-
548
-
pensions
6 020
-
6 532
-
total
8 131
-
8 824
-
Corporate
2 858
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.

429
5 475
-
-
total
429
5 475
-
-
Dividends
2 429
31 025
-
-
withholding
462
6 398
-
-
total
462
6 398
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 025
11 873
16 572
16 833
After tax
20 475
24 627
19 928
19 667
Living cost
18 508
18 508
18 508
18 508
Free-cash
1 967
6 119
1 420
1 159

Estimated living cost  is ₴18508 per week

₴13629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3299
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
-₴3704
-₴5148
-₴4379
-₴6947
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
health
-
-
-
2 738
accident
-
-
-
329
income
-
-
-
2 190
pensions
-
-
-
5 840
communal
-
-
-
-
surtax
-
-
-
1 931
total
-
-
-
13 028
Employee
38 811
-
32 603
-
surtax
2 379
-
1 998
-
income
3 749
-
2 399
-
pensions
3 104
-
2 608
-
health
1 727
-
1 451
-
total
10 959
-
8 456
-
Employer
38 811
-
32 603
-
health
1 184
-
995
-
accident
349
-
294
-
pensions
3 104
-
2 608
-
total
4 637
-
3 897
-
Corporate
-
36 500
-
-
surtax
-
383
-
-
income
-
5 475
-
-
communal
-
2 463
-
-
total
-
8 321
-
-
Dividends
-
28 178
-
-
income
-
1 249
-
-
withholding
-
4 227
-
-
total
-
5 476
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 596
13 797
12 353
13 028
After tax
20 904
22 703
24 147
23 472
Living cost
27 851
27 851
27 851
27 851
Free-cash
-6 947
-5 148
-3 704
-4 379

Estimated living cost  is ₴27851 per week

₴20892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4976
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
₴7721
₴11447
₴8525
₴9818
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
-
-
-
-
health
-
-
-
2 592
income
-
-
-
5 932
pensions
-
-
-
7 300
surtax
-
-
-
523
unemployment
-
-
-
117
total
-
-
-
16 464
Employee
17 259
-
30 152
-
surtax
61
-
462
-
income
2 893
-
5 579
-
other
-
-
-
-
pensions
1 152
-
2 011
-
health
441
-
769
-
unemployment
1 201
-
2 099
-
total
5 748
-
10 920
-
Employer
17 259
-
30 152
-
other
-
-
-
-
unemployment
548
-
956
-
health
785
-
1 372
-
pensions
2 301
-
4 020
-
total
3 634
-
6 348
-
Corporate
15 608
36 500
-
-
income
4 057
9 490
-
-
total
4 057
9 490
-
-
Dividends
11 550
27 010
-
-
withholding
1 732
4 052
-
-
total
1 732
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 171
13 542
17 268
16 464
After tax
21 329
22 958
19 232
20 036
Living cost
11 511
11 511
11 511
11 511
Free-cash
9 818
11 447
7 721
8 525

Estimated living cost  is ₴11511 per week

₴6950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1001
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.
₴3294
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
₴3754
₴5380
₴5803
₴4242
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
national
-
-
-
6 737
regional
-
-
-
550
municipal
-
-
-
217
total
-
-
-
16 892
Employee
28 429
-
36 500
-
social contributions
9 586
-
12 308
-
municipal
151
-
194
-
national
4 504
-
5 948
-
regional
383
-
491
-
total
14 624
-
18 941
-
Employer
28 429
-
36 500
-
total
-
-
-
-
Corporate
8 071
36 500
-
-
nationa
1 937
8 760
-
-
municipal
401
1 814
-
-
total
2 338
10 574
-
-
Dividends
5 733
25 926
-
-
withholding
1 491
6 741
-
-
total
1 491
6 741
-
-
Income
36 500
36 500
36 500
36 500
Total tax
18 453
17 315
18 941
16 892
After tax
18 047
19 185
17 559
19 608
Living cost
13 805
13 805
13 805
13 805
Free-cash
4 242
5 380
3 754
5 803

Estimated living cost  is ₴13805 per week

₴8586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
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.
₴3585
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
₴2948
₴9556
₴2203
₴4000
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
-
-
-
10 658
health
-
-
-
4 928
income
-
-
-
3 137
solidarity contribution
-
-
-
-
total
-
-
-
18 723
Employee
22 903
-
27 239
-
social contributions
1 489
-
1 771
-
solidarity contribution
-
-
-
-
income
2 748
-
3 269
-
health
3 092
-
3 677
-
total
7 329
-
8 717
-
Employer
22 903
-
27 239
-
health
2 061
-
2 451
-
social contributions
5 726
-
6 810
-
total
7 787
-
9 261
-
Corporate
5 809
36 500
-
-
income
1 104
6 935
-
-
total
1 104
6 935
-
-
Dividends
4 706
29 565
-
-
withholding
706
4 435
-
-
total
706
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 926
11 370
17 978
18 723
After tax
19 574
25 130
18 522
17 777
Living cost
15 574
15 574
15 574
15 574
Free-cash
4 000
9 556
2 948
2 203

Estimated living cost  is ₴15574 per week

₴11582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴863
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.
₴2860
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
-₴3440
₴4411
₴3408
₴4160
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
health
-
-
-
2 792
income
-
-
-
3 909
chamber of commerce
-
-
-
146
pensions
-
-
-
6 752
surtax
-
-
-
-
unemployment
-
-
-
3 143
total
-
-
-
16 742
Employee
22 403
20 424
28 342
-
income
1 996
1 506
3 699
-
other
224
204
283
-
pensions
2 294
2 091
2 902
-
health
867
791
1 097
-
unemployment
672
613
850
-
total
6 053
5 205
8 831
-
Employer
22 403
20 424
28 342
-
other
1 064
970
1 347
-
unemployment
672
613
850
-
health
847
772
1 072
-
surtax
-
-
-
-
accident
291
266
369
-
pensions
2 812
2 564
3 557
-
payroll
672
613
850
-
chamber of commerce
89
82
114
-
total
6 447
5 880
8 159
-
Corporate
7 650
10 198
26 397
-
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.

1 913
2 550
6 600
-
total
1 913
2 550
6 600
-
Dividends
5 737
7 648
-
-
withholding
1 577
2 104
-
-
total
1 577
2 104
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 990
15 739
23 590
16 742
After tax
20 510
20 761
12 910
19 758
Living cost
16 350
16 350
16 350
16 350
Free-cash
4 160
4 411
-3 440
3 408

Estimated living cost  is ₴16350 per week

₴9808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4581
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
₴22566
₴28041
₴29501
₴26797
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
8 293
-
36 500
-
income
1 659
-
7 300
-
total
1 659
-
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%.

28 207
36 500
-
-
total
-
-
-
-
Dividends
28 207
36 500
-
-
withholding
1 410
1 825
-
-
total
1 410
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
3 069
1 825
7 300
365
After tax
33 431
34 675
29 200
36 135
Living cost
6 634
6 634
6 634
6 634
Free-cash
26 797
28 041
22 566
29 501

Estimated living cost  is ₴6634 per week

₴4489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1644
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
₴4740
₴11384
₴5785
₴7097
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
health
-
-
-
3 592
income
-
-
-
6 657
pensions
-
-
-
6 666
unemployment
-
-
-
54
total
-
-
-
16 969
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.

22 663
-
31 584
-
income
3 908
-
6 119
-
pensions
3 513
-
4 896
-
health
1 464
-
2 039
-
unemployment
32
-
44
-
total
8 917
-
13 098
-
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.

22 663
-
31 584
-
unemployment
14
-
18
-
health
1 509
-
2 103
-
pensions
2 005
-
2 795
-
total
3 528
-
4 916
-
Corporate
10 309
36 500
-
-
income
1 959
6 935
-
-
total
1 959
6 935
-
-
Dividends
8 350
29 565
-
-
withholding
1 253
4 435
-
-
total
1 253
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 657
11 370
18 014
16 969
After tax
20 843
25 130
18 486
19 531
Living cost
13 746
13 746
13 746
13 746
Free-cash
7 097
11 384
4 740
5 785

Estimated living cost  is ₴13746 per week

₴9434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3166
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
₴6063
-₴1118
₴1899
-₴44102
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
-
-
-
4 161
income
-
-
-
7 115
total
-
-
-
11 276
Employee
33 445
-
-
-
social contributions
2 743
-
391
-
income
7 377
-
-
-
total
10 120
-
391
-
Employer
33 445
-
-
-
social contributions
47 157
-
6 721
-
total
47 157
-
6 721
-
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
57 277
14 293
7 112
11 276
After tax
-20 777
22 207
29 388
25 224
Living cost
23 325
23 325
23 325
23 325
Free-cash
-44 102
-1 118
6 063
1 899

Estimated living cost  is ₴23325 per week

₴15134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2194
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.
₴5700
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
₴3389
₴4686
₴4712
₴4170
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
social contributions

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

-
-
-
12 684
income
-
-
-
3 029
surtax
-
-
-
-
total
-
-
-
15 713
Employee
23 571
-
29 495
-
surtax
-
-
-
-
social contributions
2 593
-
3 244
-
income
4 903
-
6 787
-
total
7 496
-
10 031
-
Employer
23 571
-
29 495
-
social contributions
5 598
-
7 005
-
total
5 598
-
7 005
-
Corporate
7 331
36 500
-
-
surtax
-
-
-
-
income
1 540
7 665
-
-
total
1 540
7 665
-
-
Dividends
5 792
28 835
-
-
withholding
1 621
8 074
-
-
total
1 621
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 255
15 739
17 036
15 713
After tax
20 245
20 761
19 464
20 787
Living cost
16 075
16 075
16 075
16 075
Free-cash
4 170
4 686
3 389
4 712

Estimated living cost  is ₴16075 per week

₴12028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴2831
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
-₴2881
-₴6357
-₴3039
-₴5624
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
-
-
-
1 131
social contributions
-
-
-
1 040
health
-
-
-
316
income
-
-
-
1 986
pensions
-
-
-
10 313
surtax
-
-
-
-
total
-
-
-
14 786
Employee
32 098
-
27 814
-
surtax
-
-
-
-
social contributions
914
-
792
-
income
2 801
-
2 005
-
pensions
3 631
-
3 145
-
total
7 346
-
5 942
-
Employer
32 098
-
27 814
-
other
1 108
-
960
-
unemployment
1 300
-
1 126
-
health
2 247
-
1 947
-
pensions
5 274
-
4 569
-
social contributions
96
-
84
-
total
10 025
-
8 686
-
Corporate
-
36 500
-
-
surtax
-
-
-
-
income
-
10 220
-
-
total
-
10 220
-
-
Dividends
-
26 280
-
-
social contributions
-
4 520
-
-
surtax
-
-
-
-
withholding
-
3 364
-
-
total
-
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
17 371
18 104
14 628
14 786
After tax
19 129
18 396
21 872
21 714
Living cost
24 753
24 753
24 753
24 753
Free-cash
-5 624
-6 357
-2 881
-3 039

Estimated living cost  is ₴24753 per week

₴16752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴339
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.
₴5636
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
₴13832
₴17445
₴12808
₴15723
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
-
-
-
257
social contributions
-
-
-
8 030
total
-
-
-
8 287
Employee
16 476
-
31 601
-
income
-
-
310
-
social contributions
1 071
-
2 054
-
total
1 071
-
2 364
-
Employer
16 476
-
31 601
-
social contributions
2 554
-
4 899
-
total
2 554
-
4 899
-
Corporate
17 470
36 500
-
-
income
1 747
3 650
-
-
total
1 747
3 650
-
-
Dividends
15 723
32 850
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
5 372
3 650
7 263
8 287
After tax
31 128
32 850
29 237
28 213
Living cost
15 405
15 405
15 405
15 405
Free-cash
15 723
17 445
13 832
12 808

Estimated living cost  is ₴15405 per week

₴9961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴3993
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
-₴74986
-₴74986
-₴1409
-₴74986
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
-
-
-
2 885
pensions
-
-
-
444
national
-
-
-
3 647
municipal
-
-
-
6 290
total
-
-
-
13 266
Employee
104 013
104 013
104 013
-
labour market
8 309
8 309
8 309
-
municipal
22 149
22 149
22 149
-
national
12 707
12 707
12 707
-
pensions
148
148
148
-
total
43 313
43 313
43 313
-
Employer
104 013
104 013
104 013
-
national
12 729
12 729
12 729
-
labour market
8 321
8 321
8 321
-
pensions
296
296
296
-
municipal
22 184
22 184
22 184
-
total
43 530
43 530
43 530
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
86 843
86 843
86 843
13 266
After tax
-50 343
-50 343
-50 343
23 234
Living cost
24 643
24 643
24 643
24 643
Free-cash
-74 986
-74 986
-74 986
-1 409

Estimated living cost  is ₴24643 per week

₴16866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴379
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.
₴5218
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
₴7521
-₴8230
₴13961
₴1240
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
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
7 758
pensions
-
-
-
2 147
total
-
-
-
11 352
Employee
17 597
-
30 321
-
income
2 414
-
4 727
-
pensions
1 982
-
3 414
-
health
2 015
-
3 472
-
total
6 411
-
11 613
-
Employer
17 597
-
30 321
-
unemployment
431
-
743
-
accident
294
-
506
-
pensions
2 861
-
4 930
-
total
3 586
-
6 179
-
Corporate
15 316
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.

13 785
32 850
-
-
total
13 785
32 850
-
-
Dividends
1 532
3 650
-
-
withholding
291
693
-
-
total
291
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 073
33 543
17 792
11 352
After tax
12 427
2 957
18 708
25 148
Living cost
11 187
11 187
11 187
11 187
Free-cash
1 240
-8 230
7 521
13 961

Estimated living cost  is ₴11187 per week

₴8143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2196
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
₴2313
₴5295
₴7648
₴3080
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
-
-
-
348
national
-
-
-
2 321
municipal
-
-
-
6 507
total
-
-
-
9 176
Employee
26 963
-
30 706
-
municipal
4 416
-
5 024
-
national
445
-
900
-
pensions
1 820
-
2 073
-
health
201
-
259
-
unemployment
405
-
461
-
total
7 287
-
8 717
-
Employer
26 963
-
30 706
-
unemployment
175
-
199
-
health
207
-
236
-
accident
27
-
31
-
pensions
4 678
-
5 328
-
total
5 087
-
5 794
-
Corporate
4 449
36 500
-
-
income
890
7 300
-
-
total
890
7 300
-
-
Dividends

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

2 669
21 900
-
-
national
-
287
-
-
municipal
480
3 942
-
-
total
480
4 229
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 744
11 529
14 511
9 176
After tax
22 756
24 971
21 989
27 324
Living cost
19 676
19 676
19 676
19 676
Free-cash
3 080
5 295
2 313
7 648

Estimated living cost  is ₴19676 per week

₴12852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴313
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.
₴4619
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
₴14122
₴13045
₴15694
₴12147
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
-
-
-
5 694
health
-
-
-
931
income
-
-
-
2 315
total
-
-
-
8 940
Employee
39 408
39 408
39 408
-
social contributions
1 490
3 271
2 750
-
income
4 291
3 648
3 836
-
health
305
670
563
-
total
6 086
7 589
7 149
-
Employer
39 408
39 408
39 408
-
health
332
729
613
-
social contributions
1 490
3 271
2 750
-
total
1 822
4 000
3 363
-
Corporate
16 727
-
-
-
income
2 091
-
-
-
total
2 091
-
-
-
Dividends
14 636
-
-
-
withholding
2 488
-
-
-
total
2 488
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 487
11 589
10 512
8 940
After tax
24 013
24 911
25 988
27 560
Living cost
11 866
11 866
11 866
11 866
Free-cash
12 147
13 045
14 122
15 694

Estimated living cost  is ₴11866 per week

₴7111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3328
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
₴14428
₴22088
₴19963
₴19482
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
health
-
-
-
1 855
income
-
-
-
3 270
pensions
-
-
-
3 260
unemployment
-
-
-
15
total
-
-
-
8 400
Employee

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

11 764
-
33 092
-
income
804
-
2 585
-
pensions
1 764
-
4 964
-
health
1 000
-
2 813
-
unemployment
58
-
165
-
total
3 626
-
10 527
-
Employer

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

11 764
-
33 092
-
unemployment
58
-
165
-
health
506
-
1 423
-
pensions
647
-
1 820
-
total
1 211
-
3 408
-
Corporate
23 526
36 500
-
-
income
2 117
3 285
-
-
total
2 117
3 285
-
-
Dividends
21 408
33 215
-
-
withholding
1 927
2 990
-
-
total
1 927
2 990
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 881
6 275
13 935
8 400
After tax
27 619
30 225
22 565
28 100
Living cost
8 137
8 137
8 137
8 137
Free-cash
19 482
22 088
14 428
19 963

Estimated living cost  is ₴8137 per week

₴5191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2116
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
₴5835
₴10534
₴5574
₴7846
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
-
-
-
37
accident
-
-
-
329
income
-
-
-
5 881
pensions
-
-
-
10 330
unemployment
-
-
-
256
total
-
-
-
16 833
Employee
18 950
-
27 677
-
income
3 653
-
5 991
-
other
18
-
27
-
pensions
891
-
1 301
-
unemployment
294
-
429
-
total
4 856
-
7 748
-
Employer
18 950
-
27 677
-
other
152
-
222
-
unemployment
1 043
-
1 522
-
accident
375
-
548
-
pensions
4 472
-
6 532
-
total
6 042
-
8 824
-
Corporate
11 509
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.

1 726
5 475
-
-
total
1 726
5 475
-
-
Dividends
9 782
31 025
-
-
withholding
1 937
6 398
-
-
total
1 937
6 398
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 561
11 873
16 572
16 833
After tax
21 939
24 627
19 928
19 667
Living cost
14 093
14 093
14 093
14 093
Free-cash
7 846
10 534
5 835
5 574

Estimated living cost  is ₴14093 per week

₴9513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1355
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.
₴2979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴22150
₴21826
₴22218
₴21672
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
health
-
-
-
502
income
-
-
-
12 137
pensions
-
-
-
693
total
-
-
-
13 332
Employee
1 447
-
35 720
-
income
280
-
12 101
-
pensions
130
-
312
-
health
72
-
173
-
unemployment
14
-
35
-
total
496
-
12 621
-
Employer
1 447
-
35 720
-
unemployment
29
-
69
-
health
137
-
329
-
pensions
159
-
381
-
total
325
-
779
-
Corporate
34 727
36 500
-
-
income
7 640
8 030
-
-
total
7 640
8 030
-
-
Dividends
27 087
28 470
-
-
withholding
5 417
5 694
-
-
total
5 417
5 694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 878
13 724
13 400
13 332
After tax
22 622
22 776
23 100
23 168
Living cost
950
950
950
950
Free-cash
21 672
21 826
22 150
22 218

Estimated living cost  is ₴950 per week

₴565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
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.
₴287
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
₴10376
₴17527
₴9013
₴15011
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
health
-
-
-
3 760
income
-
-
-
4 846
pensions
-
-
-
9 490
unemployment
-
-
-
547
total
-
-
-
18 643
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.

13 336
-
30 958
-
income
1 838
-
5 579
-
pensions
1 867
-
4 334
-
health
687
-
1 594
-
unemployment
100
-
232
-
total
4 492
-
11 739
-
Employer

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

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

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

13 336
-
30 958
-
unemployment
100
-
232
-
health
687
-
1 594
-
pensions
1 600
-
3 715
-
total
2 387
-
5 541
-
Corporate
20 777
36 500
-
-
income
3 117
5 475
-
-
total
3 117
5 475
-
-
Dividends
17 660
31 025
-
-
withholding
2 649
4 654
-
-
total
2 649
4 654
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 645
10 129
17 280
18 643
After tax
23 855
26 371
19 220
17 857
Living cost
8 844
8 844
8 844
8 844
Free-cash
15 011
17 527
10 376
9 013

Estimated living cost  is ₴8844 per week

₴5955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1949
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
₴5648
₴6945
₴6971
₴6760
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
social contributions

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

-
-
-
12 684
income
-
-
-
3 029
surtax
-
-
-
-
total
-
-
-
15 713
Employee
19 891
-
29 495
-
surtax
-
-
-
-
social contributions
2 188
-
3 244
-
income
3 887
-
6 787
-
total
6 075
-
10 031
-
Employer
19 891
-
29 495
-
social contributions
4 724
-
7 005
-
total
4 724
-
7 005
-
Corporate
11 885
36 500
-
-
surtax
-
-
-
-
income
2 496
7 665
-
-
total
2 496
7 665
-
-
Dividends
9 390
28 835
-
-
withholding
2 629
8 074
-
-
total
2 629
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 924
15 739
17 036
15 713
After tax
20 576
20 761
19 464
20 787
Living cost
13 816
13 816
13 816
13 816
Free-cash
6 760
6 945
5 648
6 971

Estimated living cost  is ₴13816 per week

₴9786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
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.
₴2826
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
₴1917
₴6616
₴1656
₴2656
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
-
-
-
37
accident
-
-
-
329
income
-
-
-
5 881
pensions
-
-
-
10 330
unemployment
-
-
-
256
total
-
-
-
16 833
Employee
24 751
-
27 677
-
income
5 170
-
5 991
-
other
24
-
27
-
pensions
1 163
-
1 301
-
unemployment
383
-
429
-
total
6 740
-
7 748
-
Employer
24 751
-
27 677
-
other
198
-
222
-
unemployment
1 362
-
1 522
-
accident
490
-
548
-
pensions
5 841
-
6 532
-
total
7 891
-
8 824
-
Corporate
3 858
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.

579
5 475
-
-
total
579
5 475
-
-
Dividends
3 279
31 025
-
-
withholding
623
6 398
-
-
total
623
6 398
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 833
11 873
16 572
16 833
After tax
20 667
24 627
19 928
19 667
Living cost
18 011
18 011
18 011
18 011
Free-cash
2 656
6 616
1 917
1 656

Estimated living cost  is ₴18011 per week

₴12935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3422
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
₴18397
₴22461
₴17536
₴19363
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
health
-
-
-
2 042
income
-
-
-
5 475
pensions

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

-
-
-
2 629
unemployment
-
-
-
71
total
-
-
-
10 217
Employee
11 582
-
33 016
-
income
1 158
-
3 301
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 017
-
1 559
-
health
533
-
817
-
total
2 835
-
5 872
-
Employer
11 582
-
33 016
-
unemployment
70
-
107
-
health
799
-
1 225
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 276
-
1 957
-
total
2 272
-
3 484
-
Corporate
22 646
36 500
-
-
income
2 264
3 650
-
-
total
2 264
3 650
-
-
Dividends
20 382
32 850
-
-
withholding
1 019
1 642
-
-
total
1 019
1 642
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 390
5 292
9 356
10 217
After tax
28 110
31 208
27 144
26 283
Living cost
8 747
8 747
8 747
8 747
Free-cash
19 363
22 461
18 397
17 536

Estimated living cost  is ₴8747 per week

₴5785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
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.
₴2253
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
₴7515
-₴912
₴5696
₴5793
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
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.

-
-
-
3 501
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.

-
-
-
5 401
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.

-
-
-
297
trade
-
-
-
1 819
total
-
-
-
11 018
Employee

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

25 500
-
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.

116
-
297
-
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.

2 097
-
5 401
-
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.

3 501
-
3 501
-
total
5 714
-
9 199
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 000
36 500
-
-
chamber of commerce
94
131
-
-
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.

90
301
-
-
trade
1 578
5 238
-
-
income
1 650
5 475
-
-
total
3 412
11 145
-
-
Dividends
7 587
25 354
-
-
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.

93
337
-
-
withholding
1 702
6 144
-
-
total
1 795
6 481
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 921
17 626
9 199
11 018
After tax
25 579
18 874
27 301
25 482
Living cost
19 786
19 786
19 786
19 786
Free-cash
5 793
-912
7 515
5 696

Estimated living cost  is ₴19786 per week

₴13649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴3721
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
-₴1758
-₴3644
-₴1758
-₴3590
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
-
-
-
6 129
social contributions
-
-
-
2 935
total
-
-
-
9 064
Employee
40 088
-
36 500
-
income
7 565
-
6 129
-
social contributions
3 331
-
2 935
-
total
10 896
-
9 064
-
Employer
40 088
-
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
10 896
10 950
9 064
9 064
After tax
25 604
25 550
27 436
27 436
Living cost
29 194
29 194
29 194
29 194
Free-cash
-3 590
-3 644
-1 758
-1 758

Estimated living cost  is ₴29194 per week

₴22210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2379
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.
₴4326
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
₴7973
₴2413
₴136
₴5381
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
-
-
-
14 588
health

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

-
-
-
3 172
total
-
-
-
17 760
Employee
23 510
-
34 143
-
income
2 551
-
5 209
-
social contributions
2 356
-
2 357
-
total
4 907
-
7 566
-
Employer
23 510
-
34 143
-
social contributions
2 356
-
2 357
-
total
2 356
-
2 357
-
Corporate
10 634
36 500
-
-
income
3 722
12 775
-
-
total
3 722
12 775
-
-
Dividends
6 912
23 725
-
-
social contributions
1 530
2 708
-
-
total
1 530
2 708
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 515
15 483
9 923
17 760
After tax
23 985
21 017
26 577
18 740
Living cost
18 604
18 604
18 604
18 604
Free-cash
5 381
2 413
7 973
136

Estimated living cost  is ₴18604 per week

₴12254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4597
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
₴4367
₴8387
₴8294
₴5510
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
-
-
-
6 813
pensions
-
-
-
2 433
total
-
-
-
9 246
Employee
26 025
-
32 379
-
income
4 739
-
5 832
-
health
339
-
470
-
pensions
1 986
-
2 750
-
total
7 064
-
9 052
-
Employer
26 025
-
32 379
-
health
495
-
615
-
pensions
2 629
-
3 506
-
total
3 124
-
4 121
-
Corporate
7 351
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.

1 396
6 935
-
-
total
1 396
6 935
-
-
Dividends
5 955
29 565
-
-
withholding
446
2 218
-
-
total
446
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 030
9 153
13 173
9 246
After tax
24 470
27 347
23 327
27 254
Living cost
18 960
18 960
18 960
18 960
Free-cash
5 510
8 387
4 367
8 294

Estimated living cost  is ₴18960 per week

₴13006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3972
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
₴6414
-₴9337
₴12854
₴1071
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
-
-
-
191
health
-
-
-
1 126
accident
-
-
-
130
income
-
-
-
7 758
pensions
-
-
-
2 147
total
-
-
-
11 352
Employee
19 339
-
30 321
-
income
2 653
-
4 727
-
pensions
2 178
-
3 414
-
health
2 214
-
3 472
-
total
7 045
-
11 613
-
Employer
19 339
-
30 321
-
unemployment
474
-
743
-
accident
323
-
506
-
pensions
3 144
-
4 930
-
total
3 941
-
6 179
-
Corporate
13 220
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.

11 898
32 850
-
-
total
11 898
32 850
-
-
Dividends
1 322
3 650
-
-
withholding
251
693
-
-
total
251
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 135
33 543
17 792
11 352
After tax
13 365
2 957
18 708
25 148
Living cost
12 294
12 294
12 294
12 294
Free-cash
1 071
-9 337
6 414
12 854

Estimated living cost  is ₴12294 per week

₴9023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2308
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
₴14344
₴24113
₴14344
₴21625
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
-
-
-
5 207
health insurance
-
-
-
2 701
work injury
-
-
-
182
pensions
-
-
-
6 716
unemployment
-
-
-
438
total
-
-
-
15 244
Employee

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

11 059
-
36 500
-
income
1 106
-
5 207
-
work injury
55
-
182
-
health insurance
818
-
2 701
-
pensions
2 035
-
6 716
-
unemployment
133
-
438
-
total
4 147
-
15 244
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 441
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
25 441
36 500
-
-
withholding
3 816
5 475
-
-
total
3 816
5 475
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 963
5 475
15 244
15 244
After tax
28 537
31 025
21 256
21 256
Living cost
6 912
6 912
6 912
6 912
Free-cash
21 625
24 113
14 344
14 344

Estimated living cost  is ₴6912 per week

₴4282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
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.
₴1912
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
-₴2906
-₴1191
-₴881
-₴6687
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
national
-
-
-
6 737
regional
-
-
-
595
municipal
-
-
-
244
total
-
-
-
16 964
Employee
43 186
-
36 500
-
social contributions
14 562
-
12 308
-
municipal
258
-
218
-
national
7 298
-
5 948
-
regional
652
-
515
-
total
22 770
-
18 989
-
Employer
43 186
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
nationa
-
8 760
-
-
municipal
-
1 759
-
-
total
-
10 519
-
-
Dividends
-
25 981
-
-
withholding
-
6 755
-
-
total
-
6 755
-
-
Income
36 500
36 500
36 500
36 500
Total tax
22 770
17 274
18 989
16 964
After tax
13 730
19 226
17 511
19 536
Living cost
20 417
20 417
20 417
20 417
Free-cash
-6 687
-1 191
-2 906
-881

Estimated living cost  is ₴20417 per week

₴14341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4362
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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