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
₴10069
₴3500
₴8976
₴12193
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
trade
-
-
-
2 124
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.

-
-
-
3 381
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.

-
-
-
309
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.

-
-
-
5 626
total
-
-
-
11 440
Employee

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

18 930
-
36 500
-
surtax

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

29
-
309
-
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.

529
-
5 626
-
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.

3 381
-
3 381
-
total
3 939
-
9 316
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 570
36 500
-
-
trade
2 768
5 749
-
-
income
2 635
5 475
-
-
chamber of commerce
100
128
-
-
surtax

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

145
301
-
-
total
5 648
11 653
-
-
Dividends
11 922
24 847
-
-
withholding
2 792
6 024
-
-
surtax

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

154
332
-
-
total
2 946
6 356
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 533
18 009
9 316
11 440
After tax
23 967
18 491
27 184
25 060
Living cost
14 991
14 991
14 991
14 991
Free-cash
8 976
3 500
12 193
10 069

Estimated living cost  is ₴14991 per week

₴9429
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.
₴280
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.
₴3533
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
-₴3694
-₴3437
-₴7822
-₴3407
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
municipal
-
-
-
3 612
pensions
-
-
-
4 380
social contributions
-
-
-
392
national
-
-
-
5 597
total
-
-
-
13 981
Employee
40 634
-
31 554
-
municipal
5 019
-
3 753
-
national
7 777
-
5 816
-
pensions
1 625
-
1 262
-
total
14 421
-
10 831
-
Employer
40 634
-
31 554
-
pensions
3 251
-
2 524
-
social contributions
437
-
339
-
total
3 688
-
2 863
-
Corporate
-
36 500
-
-
income

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

-
7 300
-
-
total
-
7 300
-
-
Dividends
-
29 200
-
-
withholding
-
6 424
-
-
total
-
6 424
-
-
Income
36 500
36 500
36 500
36 500
Total tax
18 109
13 724
13 694
13 981
After tax
18 391
22 776
22 806
22 519
Living cost
26 213
26 213
26 213
26 213
Free-cash
-7 822
-3 437
-3 407
-3 694

Estimated living cost  is ₴26213 per week

₴17816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5567
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
₴19171
₴18904
₴14845
₴10425
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
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.

-
-
-
1 558
income
-
-
-
-
microenterprise
-
-
-
5 475
total
-
-
-
7 033
Employee
14 462
-
29 414
-
social contributions

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

1 591
-
3 236
-
surtax
-
-
-
-
income
2 574
-
5 457
-
total
4 165
-
8 693
-
Employer
14 462
-
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.

3 483
-
7 086
-
total
3 483
-
7 086
-
Corporate
18 555
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%.

3 711
7 300
-
-
total
3 711
7 300
-
-
Dividends

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

14 844
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 359
7 300
15 779
7 033
After tax
25 141
29 200
20 721
29 467
Living cost
10 296
10 296
10 296
10 296
Free-cash
14 845
18 904
10 425
19 171

Estimated living cost  is ₴10296 per week

₴6569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2513
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
₴57
-₴9869
-₴12646
-₴12646
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
pensions
-
-
-
5 799
health
-
-
-
5 189
income
-
-
-
4 722
total
-
-
-
15 710
Employee
42 264
42 264
42 264
-
pensions
7 607
5 799
7 607
-
income

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

6 918
6 918
6 918
-
health
6 487
5 518
6 487
-
total
21 012
18 235
21 012
-
Employer
42 264
42 264
42 264
-
pensions
2 942
2 942
2 942
-
unemployment
1 521
1 521
1 521
-
health
2 938
2 938
2 938
-
total
7 401
7 401
7 401
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
28 413
25 636
28 413
15 710
After tax
8 087
10 864
8 087
20 790
Living cost
20 733
20 733
20 733
20 733
Free-cash
-12 646
-9 869
-12 646
57

Estimated living cost  is ₴20733 per week

₴14693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
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.
₴3841
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
-₴2189
-₴454
-₴1670
-₴891
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
municipal
-
-
-
7 731
pensions
-
-
-
3 946
health
-
-
-
2 278
other
-
-
-
4 241
unemployment
-
-
-
37
accident
-
-
-
73
national
-
-
-
-
total
-
-
-
18 306
Employee
29 044
-
27 774
-
municipal
8 661
-
8 282
-
national
-
-
-
-
total
8 661
-
8 282
-
Employer
29 044
-
27 774
-
pensions
3 140
-
3 002
-
other
3 375
-
3 227
-
unemployment
767
-
733
-
accident
58
-
56
-
health
1 786
-
1 708
-
total
9 126
-
8 726
-
Corporate
-
36 500
-
-
income
-
8 030
-
-
total
-
8 030
-
-
Dividends
-
28 470
-
-
withholding
-
8 541
-
-
total
-
8 541
-
-
Income
36 500
36 500
36 500
36 500
Total tax
17 787
16 571
17 008
18 306
After tax
18 713
19 929
19 492
18 194
Living cost
20 383
20 383
20 383
20 383
Free-cash
-1 670
-454
-891
-2 189

Estimated living cost  is ₴20383 per week

₴13509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴310
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.
₴4564
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
₴5523
-₴1137
₴5817
₴7742
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
trade
-
-
-
2 219
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.

-
-
-
3 381
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.

-
-
-
309
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.

-
-
-
5 626
total
-
-
-
11 535
Employee

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

25 098
-
36 500
-
surtax

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

118
-
309
-
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.

2 156
-
5 626
-
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.

3 381
-
3 381
-
total
5 655
-
9 316
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 402
36 500
-
-
trade
1 876
6 004
-
-
income
1 710
5 475
-
-
chamber of commerce
91
127
-
-
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.

94
301
-
-
total
3 771
11 907
-
-
Dividends
7 631
24 593
-
-
withholding
1 720
5 960
-
-
surtax

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

95
328
-
-
total
1 815
6 288
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 241
18 195
9 316
11 535
After tax
25 259
18 305
27 184
24 965
Living cost
19 442
19 442
19 442
19 442
Free-cash
5 817
-1 137
7 742
5 523

Estimated living cost  is ₴19442 per week

₴13003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2050
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.
₴4099
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
₴11331
₴9255
₴8688
₴10100
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
-
-
-
931
social contributions
-
-
-
5 694
income
-
-
-
2 491
total
-
-
-
9 116
Employee
38 057
38 057
38 057
-
social contributions
1 849
3 159
2 750
-
income
3 996
3 523
3 670
-
health
378
647
564
-
total
6 223
7 329
6 984
-
Employer
38 057
38 057
38 057
-
social contributions
1 849
3 159
2 750
-
health
412
704
613
-
total
2 261
3 863
3 363
-
Corporate
11 962
-
-
-
income
1 495
-
-
-
total
1 495
-
-
-
Dividends
10 467
-
-
-
withholding
1 780
-
-
-
total
1 780
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 759
11 192
10 347
9 116
After tax
24 741
25 308
26 153
27 384
Living cost
16 053
16 053
16 053
16 053
Free-cash
8 688
9 255
10 100
11 331

Estimated living cost  is ₴16053 per week

₴10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3556
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
₴16208
₴11534
₴11723
₴12082
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
pensions
-
-
-
3 650
health
-
-
-
2 555
unemployment
-
-
-
547
income
-
-
-
4 462
total
-
-
-
11 214
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.

13 104
5 215
30 544
-
pensions
1 310
522
3 054
-
unemployment
197
78
458
-
income
1 602
638
3 734
-
health
917
365
2 138
-
total
4 026
1 603
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.

13 104
5 215
30 544
-
pensions
2 555
1 017
5 956
-
total
2 555
1 017
5 956
-
Corporate
20 840
30 268
-
-
income
1 876
2 724
-
-
total
1 876
2 724
-
-
Dividends
18 965
27 544
-
-
withholding
3 603
5 233
-
-
social contributions
3 639
5 311
-
-
total
7 242
10 544
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 699
15 888
15 340
11 214
After tax
20 801
20 612
21 160
25 286
Living cost
9 078
9 078
9 078
9 078
Free-cash
11 723
11 534
12 082
16 208

Estimated living cost  is ₴9078 per week

₴6195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1959
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
₴7610
₴17246
₴14171
₴9084
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
pensions
-
-
-
7 300
health
-
-
-
4 745
income
-
-
-
4 891
total
-
-
-
16 936
Employee
14 040
-
27 280
-
pensions
281
-
546
-
unemployment
224
-
437
-
income
1 581
-
5 259
-
total
2 086
-
6 242
-
Employer
14 040
-
27 280
-
pensions
2 808
-
5 456
-
unemployment
113
-
218
-
health
1 825
-
3 546
-
total
4 746
-
9 220
-
Corporate
17 714
36 500
-
-
income
3 543
7 300
-
-
total
3 543
7 300
-
-
Dividends
14 172
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 375
7 300
15 462
16 936
After tax
26 125
29 200
21 038
19 564
Living cost
11 954
11 954
11 954
11 954
Free-cash
14 171
17 246
9 084
7 610

Estimated living cost  is ₴11954 per week

₴8199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2803
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
₴14087
-₴8096
₴1261
₴7582
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
pensions
-
-
-
2 090
health
-
-
-
1 096
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
7 862
total
-
-
-
11 361
Employee
17 385
-
30 320
-
pensions
1 958
-
3 414
-
income
2 385
-
4 801
-
health
1 991
-
3 472
-
total
6 334
-
11 687
-
Employer
17 385
-
30 320
-
pensions
2 827
-
4 930
-
unemployment
426
-
743
-
accident
290
-
506
-
total
3 543
-
6 179
-
Corporate
15 571
36 500
-
-
income

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

14 014
32 850
-
-
total
14 014
32 850
-
-
Dividends
1 557
3 650
-
-
withholding
296
694
-
-
total
296
694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 187
33 544
17 866
11 361
After tax
12 313
2 956
18 634
25 139
Living cost
11 052
11 052
11 052
11 052
Free-cash
1 261
-8 096
7 582
14 087

Estimated living cost  is ₴11052 per week

₴8100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴2109
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
₴32087
₴30627
₴29868
₴25152
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
5 060
-
36 500
-
income
1 012
-
7 300
-
total
1 012
-
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%.

31 440
36 500
-
-
total
-
-
-
-
Dividends
31 440
36 500
-
-
withholding
1 572
1 825
-
-
total
1 572
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
2 584
1 825
7 300
365
After tax
33 916
34 675
29 200
36 135
Living cost
4 048
4 048
4 048
4 048
Free-cash
29 868
30 627
25 152
32 087

Estimated living cost  is ₴4048 per week

₴2509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1092
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
₴6577
₴13630
₴10286
₴8207
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
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
health
-
-
-
1 606
other
-
-
-
1 734
income
-
-
-
4 636
total
-
-
-
16 736
Employee
17 970
-
29 154
-
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.

1 258
-
2 041
-
unemployment
179
-
291
-
income
3 094
-
5 018
-
health
252
-
409
-
total
4 783
-
7 759
-
Employer
17 970
-
29 154
-
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.

3 055
-
4 956
-
other
899
-
1 458
-
unemployment
179
-
291
-
accident
144
-
233
-
health
252
-
409
-
total
4 529
-
7 347
-
Corporate
14 001
36 500
-
-
income
2 941
7 665
-
-
total
2 941
7 665
-
-
Dividends
11 061
28 835
-
-
withholding
774
2 018
-
-
total
774
2 018
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 027
9 683
15 106
16 736
After tax
23 473
26 817
21 394
19 764
Living cost
13 187
13 187
13 187
13 187
Free-cash
10 286
13 630
8 207
6 577

Estimated living cost  is ₴13187 per week

₴9318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2767
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
-₴5622
-₴5504
-₴16350
-₴9583
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
pensions
-
-
-
2 465
income
-
-
-
6 806
total
-
-
-
9 271
Employee
46 479
-
32 348
-
pensions
4 484
-
2 788
-
income
8 378
-
5 817
-
health
766
-
476
-
total
13 628
-
9 081
-
Employer
46 479
-
32 348
-
pensions
5 488
-
3 537
-
health
883
-
614
-
total
6 371
-
4 151
-
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
19 999
9 153
13 232
9 271
After tax
16 501
27 347
23 268
27 229
Living cost
32 851
32 851
32 851
32 851
Free-cash
-16 350
-5 504
-9 583
-5 622

Estimated living cost  is ₴32851 per week

₴24616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3860
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.
₴4109
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
₴19920
₴24719
₴22420
₴20805
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
pensions

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

-
-
-
2 559
health
-
-
-
1 988
unemployment
-
-
-
69
income
-
-
-
5 475
total
-
-
-
10 091
Employee
8 592
-
33 108
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
pensions

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

754
-
1 518
-
income
859
-
3 311
-
health
395
-
795
-
total
2 103
-
5 814
-
Employer
8 592
-
33 108
-
pensions

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

947
-
1 905
-
unemployment
51
-
104
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
health
593
-
1 193
-
total
1 686
-
3 392
-
Corporate
26 222
36 500
-
-
income
2 622
3 650
-
-
total
2 622
3 650
-
-
Dividends
23 600
32 850
-
-
withholding
1 180
1 642
-
-
total
1 180
1 642
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 591
5 292
9 206
10 091
After tax
28 909
31 208
27 294
26 409
Living cost
6 489
6 489
6 489
6 489
Free-cash
22 420
24 719
20 805
19 920

Estimated living cost  is ₴6489 per week

₴3788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2065
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
-₴6654
-₴16580
-₴17419
-₴19357
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
pensions
-
-
-
5 799
health
-
-
-
5 189
income
-
-
-
4 722
total
-
-
-
15 710
Employee
45 885
42 264
42 264
-
pensions
5 799
5 799
7 607
-
income

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

6 918
6 918
6 918
-
health
5 724
5 518
6 487
-
total
18 441
18 235
21 012
-
Employer
45 885
42 264
42 264
-
pensions
3 193
2 942
2 942
-
unemployment
1 652
1 521
1 521
-
health
3 189
2 938
2 938
-
total
8 034
7 401
7 401
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
26 475
25 636
28 413
15 710
After tax
10 025
10 864
8 087
20 790
Living cost
27 444
27 444
27 444
27 444
Free-cash
-17 419
-16 580
-19 357
-6 654

Estimated living cost  is ₴27444 per week

₴20244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4434
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
₴5477
₴12830
₴8441
₴6222
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
-
-
-
4 928
social contributions
-
-
-
10 658
solidarity contribution
-
-
-
-
income
-
-
-
3 137
total
-
-
-
18 723
Employee
18 089
-
27 239
-
social contributions
1 176
-
1 771
-
income
2 171
-
3 269
-
solidarity contribution
-
-
-
-
health
2 442
-
3 677
-
total
5 789
-
8 717
-
Employer
18 089
-
27 239
-
social contributions
4 522
-
6 810
-
health
1 628
-
2 451
-
total
6 150
-
9 261
-
Corporate
12 261
36 500
-
-
income
2 330
6 935
-
-
total
2 330
6 935
-
-
Dividends
9 932
29 565
-
-
withholding
1 490
4 435
-
-
total
1 490
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 759
11 370
17 978
18 723
After tax
20 741
25 130
18 522
17 777
Living cost
12 300
12 300
12 300
12 300
Free-cash
8 441
12 830
6 222
5 477

Estimated living cost  is ₴12300 per week

₴8544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2639
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
-₴1216
-₴1410
-₴7486
-₴3187
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
municipal
-
-
-
217
regional
-
-
-
380
social contributions
-
-
-
9 388
national
-
-
-
6 847
total
-
-
-
16 832
Employee
43 985
-
36 500
-
social contributions
14 832
-
12 308
-
municipal
233
-
193
-
regional
415
-
333
-
national
7 622
-
5 969
-
total
23 102
-
18 803
-
Employer
43 985
-
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
23 102
17 026
18 803
16 832
After tax
13 398
19 474
17 697
19 668
Living cost
20 884
20 884
20 884
20 884
Free-cash
-7 486
-1 410
-3 187
-1 216

Estimated living cost  is ₴20884 per week

₴14557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
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.
₴4636
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
₴9030
₴12037
₴10498
₴8227
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
pensions
-
-
-
7 300
health
-
-
-
2 592
surtax
-
-
-
551
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
5 993
total
-
-
-
16 549
Employee
16 367
-
30 152
-
surtax
54
-
490
-
pensions
1 091
-
2 011
-
other
-
-
-
-
unemployment
1 139
-
2 098
-
income
2 743
-
5 639
-
health
418
-
768
-
total
5 445
-
11 006
-
Employer
16 367
-
30 152
-
pensions
2 182
-
4 019
-
other
-
-
-
-
unemployment
518
-
956
-
health
745
-
1 371
-
total
3 445
-
6 346
-
Corporate
16 689
36 500
-
-
income
4 339
9 490
-
-
total
4 339
9 490
-
-
Dividends
12 349
27 010
-
-
withholding
1 852
4 052
-
-
total
1 852
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 081
13 542
17 352
16 549
After tax
21 419
22 958
19 148
19 951
Living cost
10 921
10 921
10 921
10 921
Free-cash
10 498
12 037
8 227
9 030

Estimated living cost  is ₴10921 per week

₴6678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2984
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
₴4786
₴4904
₴1039
₴825
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
pensions
-
-
-
2 465
income
-
-
-
6 806
total
-
-
-
9 271
Employee
31 149
-
32 348
-
pensions
2 644
-
2 788
-
income
5 610
-
5 817
-
health
452
-
476
-
total
8 706
-
9 081
-
Employer
31 149
-
32 348
-
pensions
3 372
-
3 537
-
health
592
-
614
-
total
3 964
-
4 151
-
Corporate
1 388
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.

264
6 935
-
-
total
264
6 935
-
-
Dividends
1 124
29 565
-
-
withholding
84
2 218
-
-
total
84
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 018
9 153
13 232
9 271
After tax
23 482
27 347
23 268
27 229
Living cost
22 443
22 443
22 443
22 443
Free-cash
1 039
4 904
825
4 786

Estimated living cost  is ₴22443 per week

₴16814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3712
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
-₴8970
-₴23090
-₴14487
-₴10846
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
regional
-
-
-
954
city
-
-
-
384
pensions
-
-
-
3 358
health
-
-
-
130
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.

-
-
-
729
national
-
-
-
135
total
-
-
-
5 690
Employee
46 553
-
32 669
-
regional
1 524
-
814
-
national
220
-
113
-
pensions
3 911
-
2 744
-
unemployment
-
-
-
-
city
500
-
350
-
health
105
-
74
-
total
6 260
-
4 095
-
Employer
46 553
-
32 669
-
pensions
3 911
-
2 744
-
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.

931
-
653
-
unemployment
-
-
-
-
health
105
-
74
-
total
4 947
-
3 471
-
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
11 207
19 810
7 566
5 690
After tax
25 293
16 690
28 934
30 810
Living cost
39 780
39 780
39 780
39 780
Free-cash
-14 487
-23 090
-10 846
-8 970

Estimated living cost  is ₴39780 per week

₴25868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴488
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.
₴9853
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
₴2199
-₴4555
₴3470
₴4512
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
trade
-
-
-
2 313
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.

-
-
-
3 381
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.

-
-
-
309
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.

-
-
-
5 626
total
-
-
-
11 629
Employee

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

29 743
-
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.

193
-
309
-
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.

3 498
-
5 626
-
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.

3 381
-
3 381
-
total
7 072
-
9 316
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 757
36 500
-
-
trade
1 159
6 260
-
-
income
1 013
5 475
-
-
chamber of commerce
85
127
-
-
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.

55
301
-
-
total
2 312
12 163
-
-
Dividends
4 444
24 337
-
-
withholding
923
5 896
-
-
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.

51
324
-
-
total
974
6 220
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 358
18 383
9 316
11 629
After tax
26 142
18 117
27 184
24 871
Living cost
22 672
22 672
22 672
22 672
Free-cash
3 470
-4 555
4 512
2 199

Estimated living cost  is ₴22672 per week

₴16559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4006
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
₴4758
₴1463
₴4387
₴4892
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
pensions
-
-
-
10 284
health
-
-
-
316
surtax
-
-
-
-
other
-
-
-
1 132
social contributions
-
-
-
1 040
income
-
-
-
2 037
total
-
-
-
14 809
Employee
21 182
-
27 813
-
social contributions
604
-
792
-
surtax
-
-
-
-
pensions
2 395
-
3 145
-
income
1 250
-
2 051
-
total
4 249
-
5 988
-
Employer
21 182
-
27 813
-
pensions
3 480
-
4 570
-
social contributions
64
-
84
-
other
731
-
960
-
unemployment
857
-
1 126
-
health
1 483
-
1 947
-
total
6 615
-
8 687
-
Corporate
8 704
36 500
-
-
income
2 437
10 220
-
-
surtax
-
-
-
-
total
2 437
10 220
-
-
Dividends
6 267
26 280
-
-
withholding
802
3 364
-
-
surtax
-
-
-
-
social contributions
1 077
4 520
-
-
total
1 879
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 180
18 104
14 675
14 809
After tax
21 320
18 396
21 825
21 691
Living cost
16 933
16 933
16 933
16 933
Free-cash
4 387
1 463
4 892
4 758

Estimated living cost  is ₴16933 per week

₴10677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4592
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
₴6436
₴3141
₴5892
₴6570
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
pensions
-
-
-
10 284
health
-
-
-
316
surtax
-
-
-
-
other
-
-
-
1 132
social contributions
-
-
-
1 040
income
-
-
-
2 037
total
-
-
-
14 809
Employee
18 908
-
27 813
-
social contributions
539
-
792
-
surtax
-
-
-
-
pensions
2 139
-
3 145
-
income
975
-
2 051
-
total
3 653
-
5 988
-
Employer
18 908
-
27 813
-
pensions
3 107
-
4 570
-
social contributions
56
-
84
-
other
653
-
960
-
unemployment
765
-
1 126
-
health
1 323
-
1 947
-
total
5 904
-
8 687
-
Corporate
11 688
36 500
-
-
income
3 272
10 220
-
-
surtax
-
-
-
-
total
3 272
10 220
-
-
Dividends
8 416
26 280
-
-
withholding
1 077
3 364
-
-
surtax
-
-
-
-
social contributions
1 447
4 520
-
-
total
2 524
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 353
18 104
14 675
14 809
After tax
21 147
18 396
21 825
21 691
Living cost
15 255
15 255
15 255
15 255
Free-cash
5 892
3 141
6 570
6 436

Estimated living cost  is ₴15255 per week

₴8847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4569
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
₴12945
₴11774
₴12030
₴13681
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
-
-
-
2 548
social contributions
-
-
-
5 037
income
-
-
-
5 475
total
-
-
-
13 060
Employee
16 781
-
36 500
-
social contributions
2 316
-
5 037
-
income
2 799
-
4 739
-
health
1 171
-
2 548
-
total
6 286
-
12 324
-
Employer
16 781
-
36 500
-
total
-
-
-
-
Corporate
19 719
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%.

986
1 825
-
-
total
986
1 825
-
-
Dividends
18 733
34 675
-
-
withholding
2 810
5 201
-
-
social contributions
2 586
4 785
-
-
health
1 307
2 420
-
-
total
6 703
12 406
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 975
14 231
12 324
13 060
After tax
22 525
22 269
24 176
23 440
Living cost
10 494
10 494
10 494
10 494
Free-cash
12 030
11 774
13 681
12 945

Estimated living cost  is ₴10494 per week

₴7023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2582
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
₴2138
₴3239
₴2475
-₴4717
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
pensions
-
-
-
6 753
health
-
-
-
2 792
surtax
-
-
-
98
unemployment
-
-
-
3 035
income
-
-
-
4 099
chamber of commerce
-
-
-
146
total
-
-
-
16 923
Employee
24 734
19 723
28 267
-
pensions
2 533
2 019
2 895
-
other
247
197
283
-
unemployment
742
592
848
-
income
2 816
1 455
3 828
-
health
957
764
1 094
-
total
7 295
5 027
8 948
-
Employer
24 734
19 723
28 267
-
payroll
742
592
848
-
chamber of commerce
99
79
113
-
pensions
3 104
2 476
3 547
-
surtax
98
98
98
-
other
1 175
936
1 343
-
unemployment
742
592
848
-
accident
321
256
367
-
health
934
746
1 069
-
total
7 215
5 775
8 233
-
Corporate
4 552
11 003
26 389
-
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.

1 138
2 751
6 597
-
total
1 138
2 751
6 597
-
Dividends
3 413
8 252
-
-
withholding
938
2 269
-
-
total
938
2 269
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 586
15 822
23 778
16 923
After tax
19 914
20 678
12 722
19 577
Living cost
17 439
17 439
17 439
17 439
Free-cash
2 475
3 239
-4 717
2 138

Estimated living cost  is ₴17439 per week

₴11631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4034
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
₴358
₴2473
-₴9206
-₴3037
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
-
-
-
4 993
communal

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

-
-
-
1 891
national
-
-
-
11 213
total
-
-
-
18 097
Employee

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

35 401
-
28 271
-
national
10 884
-
8 093
-
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.

2 655
-
2 121
-
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.

308
-
246
-
communal

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

1 846
-
1 475
-
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.

1 663
-
1 329
-
total
17 356
-
13 264
-
Employer

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

35 401
-
28 271
-
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.

3 137
-
2 505
-
surtax
4 014
-
3 206
-
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.

517
-
412
-
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.

460
-
367
-
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.

2 177
-
1 738
-
total
10 305
-
8 228
-
Corporate
-
36 500
-
-
income
-
7 300
-
-
surtax
-
146
-
-
total
-
7 446
-
-
Dividends
-
29 054
-
-
withholding

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

-
8 536
-
-
total
-
8 536
-
-
Income
36 500
36 500
36 500
36 500
Total tax
27 661
15 982
21 492
18 097
After tax
8 839
20 518
15 008
18 403
Living cost
18 045
18 045
18 045
18 045
Free-cash
-9 206
2 473
-3 037
358

Estimated living cost  is ₴18045 per week

₴11623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4562
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
₴1735
₴6750
₴2763
₴1994
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
pensions
-
-
-
10 329
other
-
-
-
37
unemployment
-
-
-
255
accident
-
-
-
329
income
-
-
-
5 942
total
-
-
-
16 892
Employee
24 636
-
27 676
-
pensions
1 158
-
1 301
-
other
24
-
27
-
unemployment
382
-
429
-
income
5 198
-
6 053
-
total
6 762
-
7 810
-
Employer
24 636
-
27 676
-
pensions
5 814
-
6 531
-
other
196
-
222
-
unemployment
1 355
-
1 522
-
accident
487
-
548
-
total
7 852
-
8 823
-
Corporate
4 012
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.

602
5 475
-
-
total
602
5 475
-
-
Dividends
3 410
31 025
-
-
withholding
648
6 402
-
-
total
648
6 402
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 864
11 877
16 633
16 892
After tax
20 636
24 623
19 867
19 608
Living cost
17 873
17 873
17 873
17 873
Free-cash
2 763
6 750
1 994
1 735

Estimated living cost  is ₴17873 per week

₴13162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3186
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
-₴3557
-₴4229
-₴5457
-₴2883
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
pensions
-
-
-
5 840
health
-
-
-
2 737
surtax
-
-
-
1 932
accident
-
-
-
329
communal
-
-
-
-
income
-
-
-
2 323
total
-
-
-
13 161
Employee
37 479
-
32 604
-
surtax
2 297
-
1 999
-
pensions
2 998
-
2 608
-
income
3 620
-
2 533
-
health
1 668
-
1 451
-
total
10 583
-
8 591
-
Employer
37 479
-
32 604
-
pensions
2 998
-
2 608
-
accident
337
-
293
-
health
1 143
-
995
-
total
4 478
-
3 896
-
Corporate
-
36 500
-
-
communal
-
2 464
-
-
income
-
5 475
-
-
surtax
-
383
-
-
total
-
8 322
-
-
Dividends
-
28 179
-
-
withholding
-
4 226
-
-
income
-
1 285
-
-
total
-
5 511
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 061
13 833
12 487
13 161
After tax
21 439
22 667
24 013
23 339
Living cost
26 896
26 896
26 896
26 896
Free-cash
-5 457
-4 229
-2 883
-3 557

Estimated living cost  is ₴26896 per week

₴20176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1629
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.
₴4805
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
₴8835
₴11842
₴10269
₴8032
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
pensions
-
-
-
7 300
health
-
-
-
2 592
surtax
-
-
-
551
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
5 993
total
-
-
-
16 549
Employee
16 667
-
30 152
-
surtax
59
-
490
-
pensions
1 112
-
2 011
-
other
-
-
-
-
unemployment
1 160
-
2 098
-
income
2 794
-
5 639
-
health
425
-
768
-
total
5 550
-
11 006
-
Employer
16 667
-
30 152
-
pensions
2 222
-
4 019
-
other
-
-
-
-
unemployment
529
-
956
-
health
758
-
1 371
-
total
3 509
-
6 346
-
Corporate
16 324
36 500
-
-
income
4 244
9 490
-
-
total
4 244
9 490
-
-
Dividends
12 080
27 010
-
-
withholding
1 812
4 052
-
-
total
1 812
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 115
13 542
17 352
16 549
After tax
21 385
22 958
19 148
19 951
Living cost
11 116
11 116
11 116
11 116
Free-cash
10 269
11 842
8 032
8 835

Estimated living cost  is ₴11116 per week

₴6711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3181
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
₴6165
₴5852
₴4753
₴4207
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
municipal
-
-
-
217
regional
-
-
-
551
social contributions
-
-
-
9 388
national
-
-
-
6 847
total
-
-
-
17 003
Employee
27 454
-
36 500
-
social contributions
9 258
-
12 308
-
municipal
146
-
193
-
regional
370
-
491
-
national
4 349
-
5 969
-
total
14 123
-
18 961
-
Employer
27 454
-
36 500
-
total
-
-
-
-
Corporate
9 046
36 500
-
-
nationa
2 171
8 760
-
-
municipal
450
1 815
-
-
total
2 621
10 575
-
-
Dividends
6 425
25 926
-
-
withholding
1 671
6 741
-
-
total
1 671
6 741
-
-
Income
36 500
36 500
36 500
36 500
Total tax
18 415
17 316
18 961
17 003
After tax
18 085
19 184
17 539
19 497
Living cost
13 332
13 332
13 332
13 332
Free-cash
4 753
5 852
4 207
6 165

Estimated living cost  is ₴13332 per week

₴8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3462
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
₴2620
₴9973
₴4566
₴3365
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
-
-
-
4 928
social contributions
-
-
-
10 658
solidarity contribution
-
-
-
-
income
-
-
-
3 137
total
-
-
-
18 723
Employee
22 290
-
27 239
-
social contributions
1 449
-
1 771
-
income
2 675
-
3 269
-
solidarity contribution
-
-
-
-
health
3 009
-
3 677
-
total
7 133
-
8 717
-
Employer
22 290
-
27 239
-
social contributions
5 572
-
6 810
-
health
2 006
-
2 451
-
total
7 578
-
9 261
-
Corporate
6 632
36 500
-
-
income
1 260
6 935
-
-
total
1 260
6 935
-
-
Dividends
5 372
29 565
-
-
withholding
806
4 435
-
-
total
806
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 777
11 370
17 978
18 723
After tax
19 723
25 130
18 522
17 777
Living cost
15 157
15 157
15 157
15 157
Free-cash
4 566
9 973
3 365
2 620

Estimated living cost  is ₴15157 per week

₴11272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2783
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
₴3885
₴4941
₴4698
-₴3049
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
pensions
-
-
-
6 753
health
-
-
-
2 792
surtax
-
-
-
-
unemployment
-
-
-
3 035
income
-
-
-
4 099
chamber of commerce
-
-
-
146
total
-
-
-
16 825
Employee
21 634
19 723
28 343
-
pensions
2 216
2 019
2 902
-
other
216
197
284
-
unemployment
649
592
850
-
income
1 927
1 455
3 851
-
health
837
764
1 097
-
total
5 845
5 027
8 984
-
Employer
21 634
19 723
28 343
-
payroll
649
592
850
-
chamber of commerce
86
79
114
-
pensions
2 715
2 476
3 557
-
surtax
-
-
-
-
other
1 027
936
1 347
-
unemployment
649
592
850
-
accident
281
256
368
-
health
818
746
1 072
-
total
6 225
5 677
8 158
-
Corporate
8 640
11 100
26 465
-
income

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

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

2 160
2 775
6 617
-
total
2 160
2 775
6 617
-
Dividends
6 480
8 325
-
-
withholding
1 782
2 290
-
-
total
1 782
2 290
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 012
15 769
23 759
16 825
After tax
20 488
20 731
12 741
19 675
Living cost
15 790
15 790
15 790
15 790
Free-cash
4 698
4 941
-3 049
3 885

Estimated living cost  is ₴15790 per week

₴9472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4424
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
₴29827
₴28367
₴27184
₴22892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
36 500
microenterprise

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

-
-
-
365
total
-
-
-
365
Employee
7 886
-
36 500
-
income
1 577
-
7 300
-
total
1 577
-
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%.

28 614
36 500
-
-
total
-
-
-
-
Dividends
28 614
36 500
-
-
withholding
1 431
1 825
-
-
total
1 431
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
3 008
1 825
7 300
365
After tax
33 492
34 675
29 200
36 135
Living cost
6 308
6 308
6 308
6 308
Free-cash
27 184
28 367
22 892
29 827

Estimated living cost  is ₴6308 per week

₴4269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1563
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
₴6180
₴11855
₴7716
₴5132
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
pensions
-
-
-
6 665
health
-
-
-
3 591
unemployment
-
-
-
54
income
-
-
-
6 735
total
-
-
-
17 045
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

21 885
-
31 582
-
pensions
3 392
-
4 895
-
unemployment
31
-
44
-
income
3 774
-
6 195
-
health
1 413
-
2 041
-
total
8 610
-
13 175
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

21 885
-
31 582
-
pensions
1 937
-
2 795
-
unemployment
13
-
19
-
health
1 458
-
2 104
-
total
3 408
-
4 918
-
Corporate
11 207
36 500
-
-
income
2 129
6 935
-
-
total
2 129
6 935
-
-
Dividends
9 078
29 565
-
-
withholding
1 362
4 435
-
-
total
1 362
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 509
11 370
18 093
17 045
After tax
20 991
25 130
18 407
19 455
Living cost
13 275
13 275
13 275
13 275
Free-cash
7 716
11 855
5 132
6 180

Estimated living cost  is ₴13275 per week

₴9110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3057
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
₴3662
₴645
-₴38010
₴8364
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
30 917
-
-
-
social contributions
2 535
-
361
-
income
6 820
-
-
-
total
9 355
-
361
-
Employer
30 917
-
-
-
social contributions
43 593
-
6 213
-
total
43 593
-
6 213
-
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
52 948
14 293
6 574
11 276
After tax
-16 448
22 207
29 926
25 224
Living cost
21 562
21 562
21 562
21 562
Free-cash
-38 010
645
8 364
3 662

Estimated living cost  is ₴21562 per week

₴13990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5269
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
₴5223
₴5237
₴4738
₴3840
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
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
income
-
-
-
3 069
total
-
-
-
15 753
Employee
22 762
-
29 495
-
social contributions
2 504
-
3 244
-
surtax
-
-
-
-
income
4 735
-
6 888
-
total
7 239
-
10 132
-
Employer
22 762
-
29 495
-
social contributions
5 406
-
7 004
-
total
5 406
-
7 004
-
Corporate
8 332
36 500
-
-
income
1 750
7 665
-
-
surtax
-
-
-
-
total
1 750
7 665
-
-
Dividends
6 582
28 835
-
-
withholding
1 843
8 074
-
-
total
1 843
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 238
15 739
17 136
15 753
After tax
20 262
20 761
19 364
20 747
Living cost
15 524
15 524
15 524
15 524
Free-cash
4 738
5 237
3 840
5 223

Estimated living cost  is ₴15524 per week

₴11615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2734
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
-₴2213
-₴5508
-₴4180
-₴2079
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
pensions
-
-
-
10 284
health
-
-
-
316
surtax
-
-
-
-
other
-
-
-
1 132
social contributions
-
-
-
1 040
income
-
-
-
2 037
total
-
-
-
14 809
Employee
30 997
-
27 813
-
social contributions
883
-
792
-
surtax
-
-
-
-
pensions
3 506
-
3 145
-
income
2 705
-
2 051
-
total
7 094
-
5 988
-
Employer
30 997
-
27 813
-
pensions
5 093
-
4 570
-
social contributions
93
-
84
-
other
1 070
-
960
-
unemployment
1 256
-
1 126
-
health
2 170
-
1 947
-
total
9 682
-
8 687
-
Corporate
-
36 500
-
-
income
-
10 220
-
-
surtax
-
-
-
-
total
-
10 220
-
-
Dividends
-
26 280
-
-
withholding
-
3 364
-
-
surtax
-
-
-
-
social contributions
-
4 520
-
-
total
-
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 776
18 104
14 675
14 809
After tax
19 724
18 396
21 825
21 691
Living cost
23 904
23 904
23 904
23 904
Free-cash
-4 180
-5 508
-2 079
-2 213

Estimated living cost  is ₴23904 per week

₴16178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴5443
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
₴13296
₴17973
₴16310
₴14321
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
-
-
-
8 030
income
-
-
-
297
total
-
-
-
8 327
Employee
15 911
-
31 602
-
social contributions
1 034
-
2 054
-
income
-
-
350
-
total
1 034
-
2 404
-
Employer
15 911
-
31 602
-
social contributions
2 466
-
4 898
-
total
2 466
-
4 898
-
Corporate
18 123
36 500
-
-
income
1 813
3 650
-
-
total
1 813
3 650
-
-
Dividends
16 310
32 850
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
5 313
3 650
7 302
8 327
After tax
31 187
32 850
29 198
28 173
Living cost
14 877
14 877
14 877
14 877
Free-cash
16 310
17 973
14 321
13 296

Estimated living cost  is ₴14877 per week

₴9619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴3856
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
-₴631
-₴71177
-₴71177
-₴71177
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
municipal
-
-
-
6 342
pensions
-
-
-
428
labour market
-
-
-
2 886
national
-
-
-
3 674
total
-
-
-
13 330
Employee
100 458
100 458
100 458
-
municipal
21 392
21 392
21 392
-
national
12 273
12 273
12 273
-
pensions
143
143
143
-
labour market
8 025
8 025
8 025
-
total
41 833
41 833
41 833
-
Employer
100 458
100 458
100 458
-
labour market
8 037
8 037
8 037
-
pensions
286
286
286
-
municipal
21 426
21 426
21 426
-
national
12 294
12 294
12 294
-
total
42 043
42 043
42 043
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
83 876
83 876
83 876
13 330
After tax
-47 376
-47 376
-47 376
23 170
Living cost
23 801
23 801
23 801
23 801
Free-cash
-71 177
-71 177
-71 177
-631

Estimated living cost  is ₴23801 per week

₴16290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴366
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.
₴5040
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
₴14250
-₴7933
₴1286
₴7745
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
pensions
-
-
-
2 090
health
-
-
-
1 096
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
7 862
total
-
-
-
11 361
Employee
17 129
-
30 320
-
pensions
1 929
-
3 414
-
income
2 350
-
4 801
-
health
1 961
-
3 472
-
total
6 240
-
11 687
-
Employer
17 129
-
30 320
-
pensions
2 785
-
4 930
-
unemployment
420
-
743
-
accident
286
-
506
-
total
3 491
-
6 179
-
Corporate
15 880
36 500
-
-
income

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

14 292
32 850
-
-
total
14 292
32 850
-
-
Dividends
1 588
3 650
-
-
withholding
302
694
-
-
total
302
694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 325
33 544
17 866
11 361
After tax
12 175
2 956
18 634
25 139
Living cost
10 889
10 889
10 889
10 889
Free-cash
1 286
-7 933
7 745
14 250

Estimated living cost  is ₴10889 per week

₴7926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2138
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
₴8183
₴5935
₴3840
₴2849
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
municipal
-
-
-
6 506
health
-
-
-
356
national
-
-
-
2 454
total
-
-
-
9 316
Employee
26 038
-
30 705
-
municipal
4 265
-
5 023
-
national
430
-
1 032
-
pensions
1 757
-
2 073
-
unemployment
391
-
460
-
health
194
-
267
-
total
7 037
-
8 855
-
Employer
26 038
-
30 705
-
pensions
4 518
-
5 327
-
unemployment
169
-
200
-
accident
26
-
31
-
health
200
-
237
-
total
4 913
-
5 795
-
Corporate
5 549
36 500
-
-
income
1 110
7 300
-
-
total
1 110
7 300
-
-
Dividends

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

3 329
21 900
-
-
municipal
599
3 942
-
-
national
-
322
-
-
total
599
4 264
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 659
11 564
14 650
9 316
After tax
22 841
24 936
21 850
27 184
Living cost
19 001
19 001
19 001
19 001
Free-cash
3 840
5 935
2 849
8 183

Estimated living cost  is ₴19001 per week

₴12411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4460
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
₴15925
₴13849
₴12640
₴14694
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
-
-
-
931
social contributions
-
-
-
5 694
income
-
-
-
2 491
total
-
-
-
9 116
Employee
38 057
38 057
38 057
-
social contributions
1 439
3 159
2 750
-
income
4 144
3 523
3 670
-
health
295
647
564
-
total
5 878
7 329
6 984
-
Employer
38 057
38 057
38 057
-
social contributions
1 439
3 159
2 750
-
health
320
704
613
-
total
1 759
3 863
3 363
-
Corporate
17 405
-
-
-
income
2 175
-
-
-
total
2 175
-
-
-
Dividends
15 230
-
-
-
withholding
2 589
-
-
-
total
2 589
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 401
11 192
10 347
9 116
After tax
24 099
25 308
26 153
27 384
Living cost
11 459
11 459
11 459
11 459
Free-cash
12 640
13 849
14 694
15 925

Estimated living cost  is ₴11459 per week

₴6867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3214
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
₴20394
₴22368
₴19851
₴14701
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
pensions
-
-
-
3 148
health
-
-
-
1 791
unemployment
-
-
-
14
income
-
-
-
3 295
total
-
-
-
8 248
Employee

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

11 360
-
33 092
-
pensions
1 704
-
4 964
-
unemployment
56
-
165
-
income
777
-
2 591
-
health
965
-
2 813
-
total
3 502
-
10 533
-
Employer

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

11 360
-
33 092
-
pensions
625
-
1 820
-
unemployment
56
-
165
-
health
488
-
1 423
-
total
1 169
-
3 408
-
Corporate
23 971
36 500
-
-
income
2 157
3 285
-
-
total
2 157
3 285
-
-
Dividends
21 813
33 215
-
-
withholding
1 963
2 989
-
-
total
1 963
2 989
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 791
6 274
13 941
8 248
After tax
27 709
30 226
22 559
28 252
Living cost
7 858
7 858
7 858
7 858
Free-cash
19 851
22 368
14 701
20 394

Estimated living cost  is ₴7858 per week

₴5013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2044
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
₴5998
₴11013
₴8416
₴6257
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
pensions
-
-
-
10 329
other
-
-
-
37
unemployment
-
-
-
255
accident
-
-
-
329
income
-
-
-
5 942
total
-
-
-
16 892
Employee
18 300
-
27 676
-
pensions
860
-
1 301
-
other
18
-
27
-
unemployment
284
-
429
-
income
3 528
-
6 053
-
total
4 690
-
7 810
-
Employer
18 300
-
27 676
-
pensions
4 318
-
6 531
-
other
147
-
222
-
unemployment
1 007
-
1 522
-
accident
363
-
548
-
total
5 835
-
8 823
-
Corporate
12 366
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.

1 855
5 475
-
-
total
1 855
5 475
-
-
Dividends
10 511
31 025
-
-
withholding
2 094
6 402
-
-
total
2 094
6 402
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 474
11 877
16 633
16 892
After tax
22 026
24 623
19 867
19 608
Living cost
13 610
13 610
13 610
13 610
Free-cash
8 416
11 013
6 257
5 998

Estimated living cost  is ₴13610 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2877
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
₴22193
₴21811
₴21653
₴22125
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
pensions
-
-
-
704
health
-
-
-
510
income
-
-
-
12 128
total
-
-
-
13 342
Employee
1 469
-
35 708
-
pensions
132
-
317
-
unemployment
15
-
35
-
income
284
-
12 091
-
health
73
-
176
-
total
504
-
12 619
-
Employer
1 469
-
35 708
-
pensions
162
-
387
-
unemployment
29
-
70
-
health
140
-
334
-
total
331
-
791
-
Corporate
34 700
36 500
-
-
income
7 634
8 030
-
-
total
7 634
8 030
-
-
Dividends
27 066
28 470
-
-
withholding
5 413
5 694
-
-
total
5 413
5 694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 882
13 724
13 410
13 342
After tax
22 618
22 776
23 090
23 158
Living cost
965
965
965
965
Free-cash
21 653
21 811
22 125
22 193

Estimated living cost  is ₴965 per week

₴573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴291
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
₴9200
₴17817
₴15383
₴10564
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
pensions
-
-
-
9 490
health
-
-
-
3 760
unemployment
-
-
-
548
income
-
-
-
4 948
total
-
-
-
18 746
Employee

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

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

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

12 898
-
30 958
-
pensions
1 806
-
4 334
-
unemployment
97
-
232
-
income
1 778
-
5 681
-
health
664
-
1 594
-
total
4 345
-
11 841
-
Employer

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

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

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

12 898
-
30 958
-
pensions
1 548
-
3 715
-
unemployment
97
-
232
-
health
664
-
1 594
-
total
2 309
-
5 541
-
Corporate
21 293
36 500
-
-
income
3 194
5 475
-
-
total
3 194
5 475
-
-
Dividends
18 099
31 025
-
-
withholding
2 715
4 654
-
-
total
2 715
4 654
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 563
10 129
17 382
18 746
After tax
23 937
26 371
19 118
17 754
Living cost
8 554
8 554
8 554
8 554
Free-cash
15 383
17 817
10 564
9 200

Estimated living cost  is ₴8554 per week

₴5759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴662
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.
₴1885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴7404
₴7418
₴7240
₴6021
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
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
income
-
-
-
3 069
total
-
-
-
15 753
Employee
19 209
-
29 495
-
social contributions
2 113
-
3 244
-
surtax
-
-
-
-
income
3 753
-
6 888
-
total
5 866
-
10 132
-
Employer
19 209
-
29 495
-
social contributions
4 562
-
7 004
-
total
4 562
-
7 004
-
Corporate
12 730
36 500
-
-
income
2 673
7 665
-
-
surtax
-
-
-
-
total
2 673
7 665
-
-
Dividends
10 057
28 835
-
-
withholding
2 816
8 074
-
-
total
2 816
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 917
15 739
17 136
15 753
After tax
20 583
20 761
19 364
20 747
Living cost
13 343
13 343
13 343
13 343
Free-cash
7 240
7 418
6 021
7 404

Estimated living cost  is ₴13343 per week

₴9450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴927
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.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴2215
₴7230
₴3427
₴2474
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
pensions
-
-
-
10 329
other
-
-
-
37
unemployment
-
-
-
255
accident
-
-
-
329
income
-
-
-
5 942
total
-
-
-
16 892
Employee
23 902
-
27 676
-
pensions
1 123
-
1 301
-
other
23
-
27
-
unemployment
370
-
429
-
income
4 992
-
6 053
-
total
6 508
-
7 810
-
Employer
23 902
-
27 676
-
pensions
5 641
-
6 531
-
other
192
-
222
-
unemployment
1 315
-
1 522
-
accident
473
-
548
-
total
7 621
-
8 823
-
Corporate
4 977
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.

747
5 475
-
-
total
747
5 475
-
-
Dividends
4 231
31 025
-
-
withholding
804
6 402
-
-
total
804
6 402
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 680
11 877
16 633
16 892
After tax
20 820
24 623
19 867
19 608
Living cost
17 393
17 393
17 393
17 393
Free-cash
3 427
7 230
2 474
2 215

Estimated living cost  is ₴17393 per week

₴12491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1352
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.
₴3305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴17895
₴22694
₴19675
₴18780
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
pensions

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

-
-
-
2 559
health
-
-
-
1 988
unemployment
-
-
-
69
income
-
-
-
5 475
total
-
-
-
10 091
Employee
11 273
-
33 108
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

990
-
1 518
-
income
1 128
-
3 311
-
health
519
-
795
-
total
2 761
-
5 814
-
Employer
11 273
-
33 108
-
pensions

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

1 242
-
1 905
-
unemployment
68
-
104
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
health
778
-
1 193
-
total
2 212
-
3 392
-
Corporate
23 015
36 500
-
-
income
2 302
3 650
-
-
total
2 302
3 650
-
-
Dividends
20 713
32 850
-
-
withholding
1 036
1 642
-
-
total
1 036
1 642
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 311
5 292
9 206
10 091
After tax
28 189
31 208
27 294
26 409
Living cost
8 514
8 514
8 514
8 514
Free-cash
19 675
22 694
18 780
17 895

Estimated living cost  is ₴8514 per week

₴5631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2193
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
₴6141
-₴240
₴6235
₴8077
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
trade
-
-
-
1 936
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.

-
-
-
3 381
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.

-
-
-
309
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.

-
-
-
5 626
total
-
-
-
11 252
Employee

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

24 625
-
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.

112
-
309
-
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.

2 025
-
5 626
-
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.

3 381
-
3 381
-
total
5 518
-
9 316
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 875
36 500
-
-
trade
1 704
5 238
-
-
income
1 782
5 475
-
-
chamber of commerce
93
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.

98
301
-
-
total
3 677
11 143
-
-
Dividends
8 199
25 357
-
-
withholding
1 861
6 152
-
-
surtax

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

102
338
-
-
total
1 963
6 490
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 158
17 633
9 316
11 252
After tax
25 342
18 867
27 184
25 248
Living cost
19 107
19 107
19 107
19 107
Free-cash
6 235
-240
8 077
6 141

Estimated living cost  is ₴19107 per week

₴13181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴3593
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
-₴1084
-₴2642
-₴2213
-₴1084
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
-
-
-
2 973
income
-
-
-
6 419
total
-
-
-
9 392
Employee
38 713
-
36 500
-
social contributions
3 216
-
2 973
-
income
7 305
-
6 419
-
total
10 521
-
9 392
-
Employer
38 713
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
income
-
4 563
-
-
total
-
4 563
-
-
Dividends
-
31 937
-
-
withholding
-
6 387
-
-
total
-
6 387
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 521
10 950
9 392
9 392
After tax
25 979
25 550
27 108
27 108
Living cost
28 192
28 192
28 192
28 192
Free-cash
-2 213
-2 642
-1 084
-1 084

Estimated living cost  is ₴28192 per week

₴21448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴4178
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
₴1407
₴3145
₴6010
₴8637
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
health

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

-
-
-
3 039
income
-
-
-
14 088
total
-
-
-
17 127
Employee
22 704
-
34 223
-
social contributions
2 275
-
2 277
-
income
2 464
-
5 343
-
total
4 739
-
7 620
-
Employer
22 704
-
34 223
-
social contributions
2 275
-
2 277
-
total
2 275
-
2 277
-
Corporate
11 522
36 500
-
-
income
4 033
12 775
-
-
total
4 033
12 775
-
-
Dividends
7 489
23 725
-
-
social contributions
1 477
2 615
-
-
total
1 477
2 615
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 524
15 390
9 897
17 127
After tax
23 976
21 110
26 603
19 373
Living cost
17 966
17 966
17 966
17 966
Free-cash
6 010
3 145
8 637
1 407

Estimated living cost  is ₴17966 per week

₴11834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4440
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
₴8984
₴9102
₴6331
₴5023
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
pensions
-
-
-
2 465
income
-
-
-
6 806
total
-
-
-
9 271
Employee
25 044
-
32 348
-
pensions
1 911
-
2 788
-
income
4 561
-
5 817
-
health
327
-
476
-
total
6 799
-
9 081
-
Employer
25 044
-
32 348
-
pensions
2 530
-
3 537
-
health
476
-
614
-
total
3 006
-
4 151
-
Corporate
8 450
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.

1 605
6 935
-
-
total
1 605
6 935
-
-
Dividends
6 844
29 565
-
-
withholding
514
2 218
-
-
total
514
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 924
9 153
13 232
9 271
After tax
24 576
27 347
23 268
27 229
Living cost
18 245
18 245
18 245
18 245
Free-cash
6 331
9 102
5 023
8 984

Estimated living cost  is ₴18245 per week

₴12516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3822
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
₴13172
-₴9011
₴1121
₴6667
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
pensions
-
-
-
2 090
health
-
-
-
1 096
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
7 862
total
-
-
-
11 361
Employee
18 825
-
30 320
-
pensions
2 120
-
3 414
-
income
2 583
-
4 801
-
health
2 155
-
3 472
-
total
6 858
-
11 687
-
Employer
18 825
-
30 320
-
pensions
3 061
-
4 930
-
unemployment
461
-
743
-
accident
314
-
506
-
total
3 836
-
6 179
-
Corporate
13 839
36 500
-
-
income

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

12 455
32 850
-
-
total
12 455
32 850
-
-
Dividends
1 384
3 650
-
-
withholding
263
694
-
-
total
263
694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 412
33 544
17 866
11 361
After tax
13 088
2 956
18 634
25 139
Living cost
11 967
11 967
11 967
11 967
Free-cash
1 121
-9 011
6 667
13 172

Estimated living cost  is ₴11967 per week

₴8782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2246
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
₴14533
₴24349
₴21947
₴14533
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
pensions
-
-
-
6 716
health insurance
-
-
-
2 701
work injury
-
-
-
183
unemployment
-
-
-
438
income
-
-
-
5 253
total
-
-
-
15 291
Employee

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

10 682
-
36 500
-
pensions
1 965
-
6 716
-
health insurance
790
-
2 701
-
unemployment
128
-
438
-
income
1 068
-
5 253
-
work injury
53
-
183
-
total
4 004
-
15 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 818
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
25 818
36 500
-
-
withholding
3 873
5 475
-
-
total
3 873
5 475
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 877
5 475
15 291
15 291
After tax
28 623
31 025
21 209
21 209
Living cost
6 676
6 676
6 676
6 676
Free-cash
21 947
24 349
14 533
14 533

Estimated living cost  is ₴6676 per week

₴4136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1847
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
-₴304
-₴490
-₴5206
-₴2231
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
municipal
-
-
-
244
regional
-
-
-
609
social contributions
-
-
-
9 388
national
-
-
-
6 847
total
-
-
-
17 088
Employee
41 705
-
36 500
-
social contributions
14 063
-
12 308
-
municipal
249
-
218
-
regional
630
-
520
-
national
7 048
-
5 969
-
total
21 990
-
19 015
-
Employer
41 705
-
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
21 990
17 274
19 015
17 088
After tax
14 510
19 226
17 485
19 412
Living cost
19 716
19 716
19 716
19 716
Free-cash
-5 206
-490
-2 231
-304

Estimated living cost  is ₴19716 per week

₴13849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4212
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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