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
₴3332
₴12061
₴9978
₴8869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
income

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

-
-
-
5 552
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.

-
-
-
305
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.

-
-
-
3 420
trade
-
-
-
2 083
total
-
-
-
11 360
Employee

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

19 145
-
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
-
305
-
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.

535
-
5 552
-
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.

3 420
-
3 420
-
total
3 984
-
9 277
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 355
36 500
-
-
income
2 603
5 475
-
-
surtax

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

143
301
-
-
chamber of commerce
101
128
-
-
trade
2 733
5 749
-
-
total
5 580
11 653
-
-
Dividends
11 775
24 847
-
-
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.

151
332
-
-
withholding
2 754
6 021
-
-
total
2 905
6 353
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 469
18 006
9 277
11 360
After tax
24 031
18 494
27 223
25 140
Living cost
15 162
15 162
15 162
15 162
Free-cash
8 869
3 332
12 061
9 978

Estimated living cost  is ₴15162 per week

₴9537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1768
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.
₴3574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3855
-₴3799
-₴4086
-₴8530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
social contributions
-
-
-
392
municipal
-
-
-
3 602
national
-
-
-
5 581
pensions
-
-
-
4 380
total
-
-
-
13 955
Employee
41 284
-
31 554
-
municipal
5 099
-
3 743
-
pensions
1 651
-
1 262
-
national
7 902
-
5 800
-
total
14 652
-
10 805
-
Employer
41 284
-
31 554
-
pensions
3 303
-
2 524
-
social contributions
444
-
339
-
total
3 747
-
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
18 399
13 724
13 668
13 955
After tax
18 101
22 776
22 832
22 545
Living cost
26 631
26 631
26 631
26 631
Free-cash
-8 530
-3 855
-3 799
-4 086

Estimated living cost  is ₴26631 per week

₴18101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴18786
₴10315
₴19035
₴14680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

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

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

-
-
-
1 576
microenterprise
-
-
-
5 475
total
-
-
-
7 051
Employee
14 627
-
29 414
-
surtax
-
-
-
-
social contributions

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

1 609
-
3 235
-
income
2 604
-
5 451
-
total
4 213
-
8 686
-
Employer
14 627
-
29 414
-
social contributions

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

3 523
-
7 085
-
surtax
-
-
-
-
total
3 523
-
7 085
-
Corporate
18 350
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%.

3 670
7 300
-
-
total
3 670
7 300
-
-
Dividends

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

14 680
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 406
7 300
15 771
7 051
After tax
25 094
29 200
20 729
29 449
Living cost
10 414
10 414
10 414
10 414
Free-cash
14 680
18 786
10 315
19 035

Estimated living cost  is ₴10414 per week

₴6644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴992
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.
₴2542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10397
-₴13206
-₴175
-₴13206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 617
health
-
-
-
5 224
pensions
-
-
-
5 865
total
-
-
-
15 706
Employee
42 746
42 746
42 746
-
pensions
7 694
5 865
7 694
-
income

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

6 997
6 997
6 997
-
health
6 561
5 581
6 561
-
total
21 252
18 443
21 252
-
Employer
42 746
42 746
42 746
-
health
2 971
2 971
2 971
-
pensions
2 975
2 975
2 975
-
unemployment
1 539
1 539
1 539
-
total
7 485
7 485
7 485
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
28 737
25 928
28 737
15 706
After tax
7 763
10 572
7 763
20 794
Living cost
20 969
20 969
20 969
20 969
Free-cash
-13 206
-10 397
-13 206
-175

Estimated living cost  is ₴20969 per week

₴14860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴204
-₴641
-₴1939
-₴1201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
accident
-
-
-
73
other
-
-
-
4 241
unemployment
-
-
-
37
health
-
-
-
2 278
municipal
-
-
-
7 731
national
-
-
-
-
pensions
-
-
-
3 946
total
-
-
-
18 306
Employee
28 688
-
27 774
-
municipal
8 555
-
8 282
-
national
-
-
-
-
total
8 555
-
8 282
-
Employer
28 688
-
27 774
-
health
1 764
-
1 708
-
pensions
3 101
-
3 002
-
accident
57
-
56
-
unemployment
757
-
733
-
other
3 334
-
3 227
-
total
9 013
-
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
17 568
16 571
17 008
18 306
After tax
18 932
19 929
19 492
18 194
Living cost
20 133
20 133
20 133
20 133
Free-cash
-1 201
-204
-641
-1 939

Estimated living cost  is ₴20133 per week

₴13343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1358
₴7559
₴5383
₴5674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
income

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

-
-
-
5 552
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.

-
-
-
305
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.

-
-
-
3 420
trade
-
-
-
2 176
total
-
-
-
11 453
Employee

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

25 384
-
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.

120
-
305
-
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.

2 181
-
5 552
-
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.

3 420
-
3 420
-
total
5 721
-
9 277
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 116
36 500
-
-
income
1 667
5 475
-
-
surtax

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

92
301
-
-
chamber of commerce
92
128
-
-
trade
1 829
6 004
-
-
total
3 680
11 908
-
-
Dividends
7 436
24 591
-
-
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.

92
328
-
-
withholding
1 669
5 958
-
-
total
1 761
6 286
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 162
18 194
9 277
11 453
After tax
25 338
18 306
27 223
25 047
Living cost
19 664
19 664
19 664
19 664
Free-cash
5 674
-1 358
7 559
5 383

Estimated living cost  is ₴19664 per week

₴13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8945
₴9864
₴11204
₴8485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
2 435
social contributions
-
-
-
5 694
health
-
-
-
931
total
-
-
-
9 060
Employee
38 491
38 491
38 491
-
social contributions
1 870
3 195
2 750
-
income
4 042
3 563
3 724
-
health
383
654
563
-
total
6 295
7 412
7 037
-
Employer
38 491
38 491
38 491
-
health
417
712
613
-
social contributions
1 870
3 195
2 750
-
total
2 287
3 907
3 363
-
Corporate
11 682
-
-
-
income
1 460
-
-
-
total
1 460
-
-
-
Dividends
10 222
-
-
-
withholding
1 737
-
-
-
total
1 737
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 779
11 319
10 400
9 060
After tax
24 721
25 181
26 100
27 440
Living cost
16 236
16 236
16 236
16 236
Free-cash
8 485
8 945
9 864
11 204

Estimated living cost  is ₴16236 per week

₴11099
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.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11640
₴12190
₴16315
₴11827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 462
unemployment
-
-
-
548
health
-
-
-
2 555
pensions
-
-
-
3 650
total
-
-
-
11 215
Employee

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

The minimum wage is 138,000 HUF per month.

12 948
5 153
30 544
-
unemployment
194
77
458
-
pensions
1 295
515
3 054
-
income
1 583
630
3 734
-
health
906
361
2 138
-
total
3 978
1 583
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.

12 948
5 153
30 544
-
pensions
2 525
1 005
5 956
-
total
2 525
1 005
5 956
-
Corporate
21 027
30 342
-
-
income
1 892
2 731
-
-
total
1 892
2 731
-
-
Dividends
19 135
27 611
-
-
social contributions
3 672
5 325
-
-
withholding
3 636
5 246
-
-
total
7 308
10 571
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 703
15 890
15 340
11 215
After tax
20 797
20 610
21 160
25 285
Living cost
8 970
8 970
8 970
8 970
Free-cash
11 827
11 640
12 190
16 315

Estimated living cost  is ₴8970 per week

₴6121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17110
₴8949
₴7474
₴14000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 891
health
-
-
-
4 745
pensions
-
-
-
7 300
total
-
-
-
16 936
Employee
14 200
-
27 279
-
unemployment
227
-
436
-
pensions
284
-
545
-
income
1 599
-
5 260
-
total
2 110
-
6 241
-
Employer
14 200
-
27 279
-
health
1 846
-
3 546
-
pensions
2 840
-
5 456
-
unemployment
114
-
218
-
total
4 800
-
9 220
-
Corporate
17 500
36 500
-
-
income
3 500
7 300
-
-
total
3 500
7 300
-
-
Dividends
14 000
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 410
7 300
15 461
16 936
After tax
26 090
29 200
21 039
19 564
Living cost
12 090
12 090
12 090
12 090
Free-cash
14 000
17 110
8 949
7 474

Estimated living cost  is ₴12090 per week

₴8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8203
₴7501
₴13983
₴1246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
accident
-
-
-
128
income
-
-
-
7 825
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
11 358
Employee
17 554
-
30 321
-
pensions
1 977
-
3 414
-
income
2 408
-
4 775
-
health
2 010
-
3 472
-
total
6 395
-
11 661
-
Employer
17 554
-
30 321
-
pensions
2 854
-
4 930
-
accident
293
-
506
-
unemployment
430
-
743
-
total
3 577
-
6 179
-
Corporate
15 368
36 500
-
-
income

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

13 831
32 850
-
-
total
13 831
32 850
-
-
Dividends
1 537
3 650
-
-
withholding
292
694
-
-
total
292
694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 095
33 544
17 840
11 358
After tax
12 405
2 956
18 660
25 142
Living cost
11 159
11 159
11 159
11 159
Free-cash
1 246
-8 203
7 501
13 983

Estimated living cost  is ₴11159 per week

₴8179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30649
₴25174
₴32109
₴29895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 032
-
36 500
-
income
1 006
-
7 300
-
total
1 006
-
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%.

31 468
36 500
-
-
total
-
-
-
-
Dividends
31 468
36 500
-
-
withholding
1 573
1 825
-
-
total
1 573
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
2 579
1 825
7 300
365
After tax
33 921
34 675
29 200
36 135
Living cost
4 026
4 026
4 026
4 026
Free-cash
29 895
30 649
25 174
32 109

Estimated living cost  is ₴4026 per week

₴2495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴335
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.
₴1086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13478
₴8055
₴6426
₴10098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 637
other
-
-
-
1 734
health
-
-
-
1 606
pensions

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

-
-
-
8 759
total
-
-
-
16 736
Employee
18 175
-
29 152
-
unemployment
181
-
292
-
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.

1 272
-
2 041
-
income
3 129
-
5 018
-
health
255
-
408
-
total
4 837
-
7 759
-
Employer
18 175
-
29 152
-
health
255
-
408
-
pensions

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

3 090
-
4 956
-
accident
145
-
234
-
unemployment
181
-
292
-
other
909
-
1 458
-
total
4 580
-
7 348
-
Corporate
13 745
36 500
-
-
income
2 887
7 665
-
-
total
2 887
7 665
-
-
Dividends
10 858
28 835
-
-
withholding
760
2 019
-
-
total
760
2 019
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 064
9 684
15 107
16 736
After tax
23 436
26 816
21 393
19 764
Living cost
13 338
13 338
13 338
13 338
Free-cash
10 098
13 478
8 055
6 426

Estimated living cost  is ₴13338 per week

₴9424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6239
-₴10283
-₴6343
-₴17532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
6 811
pensions
-
-
-
2 446
total
-
-
-
9 257
Employee
47 520
-
32 366
-
pensions
4 584
-
2 766
-
income
8 566
-
5 825
-
health
783
-
472
-
total
13 933
-
9 063
-
Employer
47 520
-
32 366
-
health
902
-
615
-
pensions
5 611
-
3 519
-
total
6 513
-
4 134
-
Corporate
-
36 500
-
-
income

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

-
6 935
-
-
total
-
6 935
-
-
Dividends
-
29 565
-
-
withholding
-
2 218
-
-
total
-
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
20 446
9 153
13 197
9 257
After tax
16 054
27 347
23 303
27 243
Living cost
33 586
33 586
33 586
33 586
Free-cash
-17 532
-6 239
-10 283
-6 343

Estimated living cost  is ₴33586 per week

₴25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₴24644
₴20669
₴19793
₴22317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
5 475
unemployment
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
10 144
Employee
8 690
-
33 070
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
pensions

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

763
-
1 535
-
income
869
-
3 307
-
health
400
-
804
-
total
2 128
-
5 838
-
Employer
8 690
-
33 070
-
health
600
-
1 206
-
pensions

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

958
-
1 927
-
accident

We are using the highest rate at 1.1%.

96
-
192
-
unemployment
52
-
105
-
total
1 706
-
3 430
-
Corporate
26 104
36 500
-
-
income
2 611
3 650
-
-
total
2 611
3 650
-
-
Dividends
23 494
32 850
-
-
withholding
1 175
1 643
-
-
total
1 175
1 643
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 620
5 293
9 268
10 144
After tax
28 880
31 207
27 232
26 356
Living cost
6 563
6 563
6 563
6 563
Free-cash
22 317
24 644
20 669
19 793

Estimated living cost  is ₴6563 per week

₴3832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴17185
-₴19994
-₴6963
-₴18035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 617
health
-
-
-
5 224
pensions
-
-
-
5 865
total
-
-
-
15 706
Employee
46 408
42 746
42 746
-
pensions
5 865
5 865
7 694
-
income

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

6 997
6 997
6 997
-
health
5 790
5 581
6 561
-
total
18 652
18 443
21 252
-
Employer
46 408
42 746
42 746
-
health
3 225
2 971
2 971
-
pensions
3 230
2 975
2 975
-
unemployment
1 671
1 539
1 539
-
total
8 126
7 485
7 485
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
26 778
25 928
28 737
15 706
After tax
9 722
10 572
7 763
20 794
Living cost
27 757
27 757
27 757
27 757
Free-cash
-18 035
-17 185
-19 994
-6 963

Estimated living cost  is ₴27757 per week

₴20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12873
₴6265
₴5521
₴8501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
3 137
social contributions
-
-
-
10 658
solidarity contribution
-
-
-
-
health
-
-
-
4 927
total
-
-
-
18 722
Employee
18 025
-
27 239
-
solidarity contribution
-
-
-
-
social contributions
1 172
-
1 771
-
income
2 163
-
3 269
-
health
2 433
-
3 677
-
total
5 768
-
8 717
-
Employer
18 025
-
27 239
-
health
1 622
-
2 451
-
social contributions
4 506
-
6 810
-
total
6 128
-
9 261
-
Corporate
12 346
36 500
-
-
income
2 346
6 935
-
-
total
2 346
6 935
-
-
Dividends
10 000
29 565
-
-
withholding
1 500
4 435
-
-
total
1 500
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 742
11 370
17 978
18 722
After tax
20 758
25 130
18 522
17 778
Living cost
12 257
12 257
12 257
12 257
Free-cash
8 501
12 873
6 265
5 521

Estimated living cost  is ₴12257 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
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.
₴2630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₴1648
-₴3418
-₴1413
-₴7988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
social contributions
-
-
-
9 388
regional
-
-
-
379
municipal
-
-
-
217
national
-
-
-
6 807
total
-
-
-
16 791
Employee
44 487
-
36 500
-
municipal
236
-
194
-
national
7 709
-
5 962
-
regional
420
-
332
-
social contributions
15 001
-
12 308
-
total
23 366
-
18 796
-
Employer
44 487
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
municipal
-
1 424
-
-
nationa
-
8 760
-
-
total
-
10 184
-
-
Dividends
-
26 316
-
-
withholding
-
6 842
-
-
total
-
6 842
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 366
17 026
18 796
16 791
After tax
13 134
19 474
17 704
19 709
Living cost
21 122
21 122
21 122
21 122
Free-cash
-7 988
-1 648
-3 418
-1 413

Estimated living cost  is ₴21122 per week

₴14724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11913
₴8128
₴8933
₴10354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
5 974
other
-
-
-
-
surtax
-
-
-
542
unemployment
-
-
-
114
health
-
-
-
2 591
pensions
-
-
-
7 300
total
-
-
-
16 521
Employee
16 553
-
30 154
-
other
-
-
-
-
unemployment
1 152
-
2 098
-
pensions
1 104
-
2 011
-
surtax
54
-
481
-
income
2 775
-
5 621
-
health
423
-
768
-
total
5 508
-
10 979
-
Employer
16 553
-
30 154
-
health
753
-
1 372
-
pensions
2 207
-
4 019
-
unemployment
524
-
956
-
other
-
-
-
-
total
3 484
-
6 347
-
Corporate
16 462
36 500
-
-
income
4 280
9 490
-
-
total
4 280
9 490
-
-
Dividends
12 182
27 010
-
-
withholding
1 828
4 051
-
-
total
1 828
4 051
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 100
13 541
17 326
16 521
After tax
21 400
22 959
19 174
19 979
Living cost
11 046
11 046
11 046
11 046
Free-cash
10 354
11 913
8 128
8 933

Estimated living cost  is ₴11046 per week

₴6754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4402
₴358
₴4298
₴452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
6 811
pensions
-
-
-
2 446
total
-
-
-
9 257
Employee
31 846
-
32 366
-
pensions
2 703
-
2 766
-
income
5 736
-
5 825
-
health
462
-
472
-
total
8 901
-
9 063
-
Employer
31 846
-
32 366
-
health
605
-
615
-
pensions
3 447
-
3 519
-
total
4 052
-
4 134
-
Corporate
601
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.

114
6 935
-
-
total
114
6 935
-
-
Dividends
487
29 565
-
-
withholding
36
2 218
-
-
total
36
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 103
9 153
13 197
9 257
After tax
23 397
27 347
23 303
27 243
Living cost
22 945
22 945
22 945
22 945
Free-cash
452
4 402
358
4 298

Estimated living cost  is ₴22945 per week

₴17190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1720
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.
₴3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴22911
-₴10672
-₴8795
-₴14261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
other

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

-
-
-
730
regional
-
-
-
957
health
-
-
-
129
city
-
-
-
384
national
-
-
-
135
pensions
-
-
-
3 358
total
-
-
-
5 693
Employee
46 345
-
32 671
-
unemployment
-
-
-
-
pensions
3 894
-
2 744
-
national
219
-
114
-
regional
1 518
-
818
-
city
497
-
351
-
health
105
-
73
-
total
6 233
-
4 100
-
Employer
46 345
-
32 671
-
health
105
-
73
-
pensions
3 894
-
2 744
-
unemployment
-
-
-
-
other

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

927
-
653
-
total
4 926
-
3 470
-
Corporate
-
36 500
-
-
regional
-
7 720
-
-
national
-
3 102
-
-
total
-
10 822
-
-
Dividends
-
25 678
-
-
withholding
-
8 987
-
-
total
-
8 987
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 159
19 809
7 570
5 693
After tax
25 341
16 691
28 930
30 807
Living cost
39 602
39 602
39 602
39 602
Free-cash
-14 261
-22 911
-10 672
-8 795

Estimated living cost  is ₴39602 per week

₴25753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴4812
₴4292
₴2024
₴3306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
income

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

-
-
-
5 552
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.

-
-
-
305
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.

-
-
-
3 420
trade
-
-
-
2 268
total
-
-
-
11 545
Employee

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

30 083
-
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.

195
-
305
-
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.

3 537
-
5 552
-
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.

3 420
-
3 420
-
total
7 152
-
9 277
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 417
36 500
-
-
income
962
5 475
-
-
surtax

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

53
301
-
-
chamber of commerce
85
127
-
-
trade
1 101
6 260
-
-
total
2 201
12 163
-
-
Dividends
4 215
24 336
-
-
surtax

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

47
324
-
-
withholding
863
5 894
-
-
total
910
6 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 263
18 381
9 277
11 545
After tax
26 237
18 119
27 223
24 955
Living cost
22 931
22 931
22 931
22 931
Free-cash
3 306
-4 812
4 292
2 024

Estimated living cost  is ₴22931 per week

₴16748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1834
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.
₴4051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1270
₴4714
₴4573
₴4227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
2 020
other
-
-
-
1 131
surtax
-
-
-
-
social contributions
-
-
-
1 040
health
-
-
-
316
pensions
-
-
-
10 294
total
-
-
-
14 801
Employee
21 423
-
27 813
-
pensions
2 422
-
3 145
-
surtax
-
-
-
-
social contributions
611
-
792
-
income
1 264
-
2 037
-
total
4 297
-
5 974
-
Employer
21 423
-
27 813
-
health
1 500
-
1 947
-
pensions
3 519
-
4 569
-
unemployment
867
-
1 127
-
social contributions
65
-
84
-
other
739
-
959
-
total
6 690
-
8 686
-
Corporate
8 387
36 500
-
-
income
2 348
10 220
-
-
surtax
-
-
-
-
total
2 348
10 220
-
-
Dividends
6 038
26 280
-
-
surtax
-
-
-
-
social contributions
1 039
4 520
-
-
withholding
773
3 364
-
-
total
1 812
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 147
18 104
14 660
14 801
After tax
21 353
18 396
21 840
21 699
Living cost
17 126
17 126
17 126
17 126
Free-cash
4 227
1 270
4 714
4 573

Estimated living cost  is ₴17126 per week

₴10799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2967
₴6411
₴6270
₴5749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
2 020
other
-
-
-
1 131
surtax
-
-
-
-
social contributions
-
-
-
1 040
health
-
-
-
316
pensions
-
-
-
10 294
total
-
-
-
14 801
Employee
19 123
-
27 813
-
pensions
2 163
-
3 145
-
surtax
-
-
-
-
social contributions
545
-
792
-
income
986
-
2 037
-
total
3 694
-
5 974
-
Employer
19 123
-
27 813
-
health
1 338
-
1 947
-
pensions
3 142
-
4 569
-
unemployment
774
-
1 127
-
social contributions
57
-
84
-
other
660
-
959
-
total
5 971
-
8 686
-
Corporate
11 405
36 500
-
-
income
3 194
10 220
-
-
surtax
-
-
-
-
total
3 194
10 220
-
-
Dividends
8 211
26 280
-
-
surtax
-
-
-
-
social contributions
1 412
4 520
-
-
withholding
1 051
3 364
-
-
total
2 463
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 322
18 104
14 660
14 801
After tax
21 178
18 396
21 840
21 699
Living cost
15 429
15 429
15 429
15 429
Free-cash
5 749
2 967
6 411
6 270

Estimated living cost  is ₴15429 per week

₴8948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11653
₴13591
₴12826
₴11914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
5 475
social contributions
-
-
-
5 037
health
-
-
-
2 548
total
-
-
-
13 060
Employee
16 972
-
36 500
-
social contributions
2 342
-
5 037
-
income
2 831
-
4 710
-
health
1 185
-
2 548
-
total
6 358
-
12 295
-
Employer
16 972
-
36 500
-
total
-
-
-
-
Corporate
19 528
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%.

977
1 825
-
-
total
977
1 825
-
-
Dividends
18 552
34 675
-
-
social contributions
2 560
4 786
-
-
withholding
2 782
5 202
-
-
health
1 295
2 420
-
-
total
6 637
12 408
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 972
14 233
12 295
13 060
After tax
22 528
22 267
24 205
23 440
Living cost
10 614
10 614
10 614
10 614
Free-cash
11 914
11 653
13 591
12 826

Estimated living cost  is ₴10614 per week

₴7103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3054
-₴4861
₴1964
₴2278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 038
surtax
-
-
-
99
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
146
health
-
-
-
2 792
pensions
-
-
-
6 753
total
-
-
-
16 898
Employee
25 016
19 948
28 265
-
other
250
199
283
-
unemployment
750
598
848
-
pensions
2 562
2 042
2 894
-
income
2 848
1 471
3 779
-
health
968
772
1 094
-
total
7 378
5 082
8 898
-
Employer
25 016
19 948
28 265
-
chamber of commerce
100
80
113
-
health
945
754
1 069
-
pensions
3 139
2 504
3 547
-
accident
325
259
368
-
unemployment
750
598
848
-
surtax
99
99
99
-
payroll
750
598
848
-
other
1 188
947
1 342
-
total
7 296
5 839
8 234
-
Corporate
4 187
10 712
26 366
-
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.

1 047
2 678
6 591
-
total
1 047
2 678
6 591
-
Dividends
3 140
8 034
-
-
withholding
863
2 209
-
-
total
863
2 209
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 584
15 808
23 723
16 898
After tax
19 916
20 692
12 777
19 602
Living cost
17 638
17 638
17 638
17 638
Free-cash
2 278
3 054
-4 861
1 964

Estimated living cost  is ₴17638 per week

₴11764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1505
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.
₴4080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2269
-₴3207
₴202
-₴9728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
communal

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

-
-
-
1 892
social contributions
-
-
-
4 962
national
-
-
-
11 193
total
-
-
-
18 047
Employee

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

35 805
-
28 269
-
unemployment

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

312
-
246
-
communal

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

1 868
-
1 474
-
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.

2 685
-
2 120
-
national
11 008
-
8 060
-
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.

1 682
-
1 328
-
total
17 555
-
13 228
-
Employer

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

35 805
-
28 269
-
health

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

2 202
-
1 738
-
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.

3 173
-
2 505
-
accident

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

465
-
368
-
unemployment

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

522
-
412
-
surtax
4 060
-
3 205
-
total
10 422
-
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.

-
8 534
-
-
total
-
8 534
-
-
Income
36 500
36 500
36 500
36 500
Total tax
27 977
15 980
21 456
18 047
After tax
8 523
20 520
15 044
18 453
Living cost
18 251
18 251
18 251
18 251
Free-cash
-9 728
2 269
-3 207
202

Estimated living cost  is ₴18251 per week

₴11756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1596
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.
₴4614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6547
₴1810
₴1551
₴2506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
accident
-
-
-
329
income
-
-
-
5 922
other
-
-
-
36
unemployment
-
-
-
256
pensions
-
-
-
10 329
total
-
-
-
16 872
Employee
24 917
-
27 676
-
other
25
-
28
-
unemployment
387
-
429
-
pensions
1 171
-
1 300
-
income
5 257
-
6 033
-
total
6 840
-
7 790
-
Employer
24 917
-
27 676
-
pensions
5 880
-
6 532
-
accident
493
-
548
-
unemployment
1 371
-
1 522
-
other
199
-
221
-
total
7 943
-
8 823
-
Corporate
3 641
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.

546
5 475
-
-
total
546
5 475
-
-
Dividends
3 095
31 025
-
-
withholding
588
6 401
-
-
total
588
6 401
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 917
11 876
16 613
16 872
After tax
20 583
24 624
19 887
19 628
Living cost
18 077
18 077
18 077
18 077
Free-cash
2 506
6 547
1 810
1 551

Estimated living cost  is ₴18077 per week

₴13312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4526
-₴3147
-₴3822
-₴5935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
communal
-
-
-
-
accident
-
-
-
329
income
-
-
-
2 281
surtax
-
-
-
1 931
health
-
-
-
2 738
pensions
-
-
-
5 840
total
-
-
-
13 119
Employee
37 907
-
32 603
-
pensions
3 032
-
2 608
-
surtax
2 323
-
1 998
-
income
3 661
-
2 490
-
health
1 687
-
1 451
-
total
10 703
-
8 547
-
Employer
37 907
-
32 603
-
health
1 156
-
995
-
pensions
3 032
-
2 608
-
accident
341
-
294
-
total
4 529
-
3 897
-
Corporate
-
36 500
-
-
communal
-
2 464
-
-
income
-
5 475
-
-
surtax
-
383
-
-
total
-
8 322
-
-
Dividends
-
28 178
-
-
income
-
1 274
-
-
withholding
-
4 227
-
-
total
-
5 501
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 232
13 823
12 444
13 119
After tax
21 268
22 677
24 056
23 381
Living cost
27 203
27 203
27 203
27 203
Free-cash
-5 935
-4 526
-3 147
-3 822

Estimated living cost  is ₴27203 per week

₴20406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1648
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.
₴4860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11716
₴7931
₴8736
₴10123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
5 974
other
-
-
-
-
surtax
-
-
-
542
unemployment
-
-
-
114
health
-
-
-
2 591
pensions
-
-
-
7 300
total
-
-
-
16 521
Employee
16 857
-
30 154
-
other
-
-
-
-
unemployment
1 173
-
2 098
-
pensions
1 125
-
2 011
-
surtax
60
-
481
-
income
2 826
-
5 621
-
health
430
-
768
-
total
5 614
-
10 979
-
Employer
16 857
-
30 154
-
health
767
-
1 372
-
pensions
2 247
-
4 019
-
unemployment
535
-
956
-
other
-
-
-
-
total
3 549
-
6 347
-
Corporate
16 094
36 500
-
-
income
4 184
9 490
-
-
total
4 184
9 490
-
-
Dividends
11 910
27 010
-
-
withholding
1 787
4 051
-
-
total
1 787
4 051
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 134
13 541
17 326
16 521
After tax
21 366
22 959
19 174
19 979
Living cost
11 243
11 243
11 243
11 243
Free-cash
10 123
11 716
7 931
8 736

Estimated living cost  is ₴11243 per week

₴6788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5701
₴4061
₴6054
₴4591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
social contributions
-
-
-
9 388
regional
-
-
-
550
municipal
-
-
-
217
national
-
-
-
6 807
total
-
-
-
16 962
Employee
27 767
-
36 500
-
municipal
147
-
194
-
national
4 399
-
5 962
-
regional
374
-
491
-
social contributions
9 363
-
12 308
-
total
14 283
-
18 955
-
Employer
27 767
-
36 500
-
total
-
-
-
-
Corporate
8 733
36 500
-
-
municipal
434
1 814
-
-
nationa
2 095
8 760
-
-
total
2 529
10 574
-
-
Dividends
6 204
25 926
-
-
withholding
1 613
6 741
-
-
total
1 613
6 741
-
-
Income
36 500
36 500
36 500
36 500
Total tax
18 425
17 315
18 955
16 962
After tax
18 075
19 185
17 545
19 538
Living cost
13 484
13 484
13 484
13 484
Free-cash
4 591
5 701
4 061
6 054

Estimated living cost  is ₴13484 per week

₴8386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10026
₴3418
₴2674
₴4638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
3 137
social contributions
-
-
-
10 658
solidarity contribution
-
-
-
-
health
-
-
-
4 927
total
-
-
-
18 722
Employee
22 212
-
27 239
-
solidarity contribution
-
-
-
-
social contributions
1 444
-
1 771
-
income
2 665
-
3 269
-
health
2 999
-
3 677
-
total
7 108
-
8 717
-
Employer
22 212
-
27 239
-
health
1 999
-
2 451
-
social contributions
5 553
-
6 810
-
total
7 552
-
9 261
-
Corporate
6 736
36 500
-
-
income
1 280
6 935
-
-
total
1 280
6 935
-
-
Dividends
5 456
29 565
-
-
withholding
818
4 435
-
-
total
818
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 758
11 370
17 978
18 722
After tax
19 742
25 130
18 522
17 778
Living cost
15 104
15 104
15 104
15 104
Free-cash
4 638
10 026
3 418
2 674

Estimated living cost  is ₴15104 per week

₴11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4777
-₴3171
₴3731
₴4529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 038
surtax
-
-
-
-
unemployment
-
-
-
3 070
chamber of commerce
-
-
-
146
health
-
-
-
2 792
pensions
-
-
-
6 753
total
-
-
-
16 799
Employee
21 881
19 948
28 342
-
other
218
199
283
-
unemployment
656
598
850
-
pensions
2 241
2 042
2 902
-
income
1 949
1 471
3 802
-
health
846
772
1 097
-
total
5 910
5 082
8 934
-
Employer
21 881
19 948
28 342
-
chamber of commerce
87
80
113
-
health
827
754
1 071
-
pensions
2 746
2 504
3 557
-
accident
284
259
369
-
unemployment
656
598
850
-
surtax
-
-
-
-
payroll
656
598
850
-
other
1 039
947
1 347
-
total
6 295
5 740
8 157
-
Corporate
8 322
10 811
26 442
-
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.

2 080
2 702
6 610
-
total
2 080
2 702
6 610
-
Dividends
6 242
8 108
-
-
withholding
1 716
2 229
-
-
total
1 716
2 229
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 001
15 753
23 701
16 799
After tax
20 499
20 747
12 799
19 701
Living cost
15 970
15 970
15 970
15 970
Free-cash
4 529
4 777
-3 171
3 731

Estimated living cost  is ₴15970 per week

₴9580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1631
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.
₴4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28402
₴22927
₴29862
₴27226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 842
-
36 500
-
income
1 568
-
7 300
-
total
1 568
-
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%.

28 658
36 500
-
-
total
-
-
-
-
Dividends
28 658
36 500
-
-
withholding
1 433
1 825
-
-
total
1 433
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
3 001
1 825
7 300
365
After tax
33 499
34 675
29 200
36 135
Living cost
6 273
6 273
6 273
6 273
Free-cash
27 226
28 402
22 927
29 862

Estimated living cost  is ₴6273 per week

₴4245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11704
₴5007
₴6052
₴7517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
36 500
income
-
-
-
6 709
unemployment
-
-
-
55
health
-
-
-
3 592
pensions
-
-
-
6 666
total
-
-
-
17 022
Employee

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

22 135
-
31 582
-
unemployment
31
-
45
-
pensions
3 431
-
4 895
-
income
3 817
-
6 170
-
health
1 430
-
2 040
-
total
8 709
-
13 150
-
Employer

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

22 135
-
31 582
-
health
1 474
-
2 103
-
pensions
1 959
-
2 795
-
unemployment
13
-
19
-
total
3 446
-
4 917
-
Corporate
10 919
36 500
-
-
income
2 075
6 935
-
-
total
2 075
6 935
-
-
Dividends
8 844
29 565
-
-
withholding
1 327
4 435
-
-
total
1 327
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 557
11 370
18 067
17 022
After tax
20 943
25 130
18 433
19 478
Living cost
13 426
13 426
13 426
13 426
Free-cash
7 517
11 704
5 007
6 052

Estimated living cost  is ₴13426 per week

₴9214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴827
₴8602
₴3844
-₴37381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
7 115
social contributions
-
-
-
4 161
total
-
-
-
11 276
Employee
30 656
-
-
-
social contributions
2 514
-
358
-
income
6 762
-
-
-
total
9 276
-
358
-
Employer
30 656
-
-
-
social contributions
43 225
-
6 160
-
total
43 225
-
6 160
-
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
52 501
14 293
6 518
11 276
After tax
-16 001
22 207
29 982
25 224
Living cost
21 380
21 380
21 380
21 380
Free-cash
-37 381
827
8 602
3 844

Estimated living cost  is ₴21380 per week

₴13872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5060
₴3695
₴5060
₴4556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
36 500
income
-
-
-
3 055
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
total
-
-
-
15 739
Employee
23 022
-
29 494
-
surtax
-
-
-
-
social contributions
2 532
-
3 244
-
income
4 789
-
6 855
-
total
7 321
-
10 099
-
Employer
23 022
-
29 494
-
social contributions
5 468
-
7 005
-
total
5 468
-
7 005
-
Corporate
8 010
36 500
-
-
income
1 682
7 665
-
-
surtax
-
-
-
-
total
1 682
7 665
-
-
Dividends
6 328
28 835
-
-
withholding
1 772
8 074
-
-
total
1 772
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 243
15 739
17 104
15 739
After tax
20 257
20 761
19 396
20 761
Living cost
15 701
15 701
15 701
15 701
Free-cash
4 556
5 060
3 695
5 060

Estimated living cost  is ₴15701 per week

₴11748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴926
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.
₴2765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴5780
-₴2336
-₴2477
-₴4641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
2 020
other
-
-
-
1 131
surtax
-
-
-
-
social contributions
-
-
-
1 040
health
-
-
-
316
pensions
-
-
-
10 294
total
-
-
-
14 801
Employee
31 351
-
27 813
-
pensions
3 546
-
3 145
-
surtax
-
-
-
-
social contributions
893
-
792
-
income
2 735
-
2 037
-
total
7 174
-
5 974
-
Employer
31 351
-
27 813
-
health
2 194
-
1 947
-
pensions
5 151
-
4 569
-
unemployment
1 270
-
1 127
-
social contributions
94
-
84
-
other
1 082
-
959
-
total
9 791
-
8 686
-
Corporate
-
36 500
-
-
income
-
10 220
-
-
surtax
-
-
-
-
total
-
10 220
-
-
Dividends
-
26 280
-
-
surtax
-
-
-
-
social contributions
-
4 520
-
-
withholding
-
3 364
-
-
total
-
7 884
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 965
18 104
14 660
14 801
After tax
19 535
18 396
21 840
21 699
Living cost
24 176
24 176
24 176
24 176
Free-cash
-4 641
-5 780
-2 336
-2 477

Estimated living cost  is ₴24176 per week

₴16362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17803
₴14163
₴13139
₴16121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
284
social contributions
-
-
-
8 030
total
-
-
-
8 314
Employee
16 093
-
31 601
-
income
-
-
337
-
social contributions
1 046
-
2 054
-
total
1 046
-
2 391
-
Employer
16 093
-
31 601
-
social contributions
2 494
-
4 899
-
total
2 494
-
4 899
-
Corporate
17 913
36 500
-
-
income
1 792
3 650
-
-
total
1 792
3 650
-
-
Dividends
16 122
32 850
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
5 332
3 650
7 290
8 314
After tax
31 168
32 850
29 210
28 186
Living cost
15 047
15 047
15 047
15 047
Free-cash
16 121
17 803
14 163
13 139

Estimated living cost  is ₴15047 per week

₴9729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
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.
₴3900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴72559
-₴72559
-₴913
-₴72559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
labour market
-
-
-
2 885
municipal
-
-
-
6 323
national
-
-
-
3 664
pensions
-
-
-
434
total
-
-
-
13 306
Employee
101 748
101 748
101 748
-
municipal
21 667
21 667
21 667
-
labour market
8 128
8 128
8 128
-
pensions
145
145
145
-
national
12 430
12 430
12 430
-
total
42 370
42 370
42 370
-
Employer
101 748
101 748
101 748
-
national
12 452
12 452
12 452
-
labour market
8 140
8 140
8 140
-
pensions
289
289
289
-
municipal
21 701
21 701
21 701
-
total
42 582
42 582
42 582
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
84 952
84 952
84 952
13 306
After tax
-48 452
-48 452
-48 452
23 194
Living cost
24 107
24 107
24 107
24 107
Free-cash
-72 559
-72 559
-72 559
-913

Estimated living cost  is ₴24107 per week

₴16499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8039
₴7665
₴14147
₴1269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
accident
-
-
-
128
income
-
-
-
7 825
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
11 358
Employee
17 296
-
30 321
-
pensions
1 948
-
3 414
-
income
2 373
-
4 775
-
health
1 980
-
3 472
-
total
6 301
-
11 661
-
Employer
17 296
-
30 321
-
pensions
2 812
-
4 930
-
accident
289
-
506
-
unemployment
424
-
743
-
total
3 525
-
6 179
-
Corporate
15 680
36 500
-
-
income

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

14 112
32 850
-
-
total
14 112
32 850
-
-
Dividends
1 568
3 650
-
-
withholding
298
694
-
-
total
298
694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 236
33 544
17 840
11 358
After tax
12 264
2 956
18 660
25 142
Living cost
10 995
10 995
10 995
10 995
Free-cash
1 269
-8 039
7 665
14 147

Estimated living cost  is ₴10995 per week

₴8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5729
₴2678
₴8012
₴3595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
36 500
health
-
-
-
353
municipal
-
-
-
6 506
national
-
-
-
2 411
total
-
-
-
9 270
Employee
26 336
-
30 706
-
municipal
4 314
-
5 023
-
unemployment
395
-
461
-
pensions
1 777
-
2 073
-
national
435
-
990
-
health
197
-
264
-
total
7 118
-
8 811
-
Employer
26 336
-
30 706
-
health
202
-
237
-
pensions
4 569
-
5 327
-
accident
27
-
30
-
unemployment
171
-
199
-
total
4 969
-
5 793
-
Corporate
5 195
36 500
-
-
income
1 039
7 300
-
-
total
1 039
7 300
-
-
Dividends

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

3 117
21 900
-
-
municipal
561
3 942
-
-
national
-
311
-
-
total
561
4 253
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 687
11 553
14 604
9 270
After tax
22 813
24 947
21 896
27 230
Living cost
19 218
19 218
19 218
19 218
Free-cash
3 595
5 729
2 678
8 012

Estimated living cost  is ₴19218 per week

₴12553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13592
₴14511
₴15851
₴12483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
2 435
social contributions
-
-
-
5 694
health
-
-
-
931
total
-
-
-
9 060
Employee
38 491
38 491
38 491
-
social contributions
1 455
3 195
2 750
-
income
4 191
3 563
3 724
-
health
298
654
563
-
total
5 944
7 412
7 037
-
Employer
38 491
38 491
38 491
-
health
324
712
613
-
social contributions
1 455
3 195
2 750
-
total
1 779
3 907
3 363
-
Corporate
17 187
-
-
-
income
2 149
-
-
-
total
2 149
-
-
-
Dividends
15 038
-
-
-
withholding
2 556
-
-
-
total
2 556
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 428
11 319
10 400
9 060
After tax
24 072
25 181
26 100
27 440
Living cost
11 589
11 589
11 589
11 589
Free-cash
12 483
13 592
14 511
15 851

Estimated living cost  is ₴11589 per week

₴6946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴22279
₴14613
₴20257
₴19731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
36 500
income
-
-
-
3 287
unemployment
-
-
-
14
health
-
-
-
1 811
pensions
-
-
-
3 184
total
-
-
-
8 296
Employee

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

11 490
-
33 092
-
unemployment
57
-
165
-
pensions
1 723
-
4 964
-
income
786
-
2 590
-
health
977
-
2 813
-
total
3 543
-
10 532
-
Employer

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

11 490
-
33 092
-
health
494
-
1 423
-
pensions
632
-
1 820
-
unemployment
57
-
165
-
total
1 183
-
3 408
-
Corporate
23 828
36 500
-
-
income
2 145
3 285
-
-
total
2 145
3 285
-
-
Dividends
21 683
33 215
-
-
withholding
1 951
2 989
-
-
total
1 951
2 989
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 822
6 274
13 940
8 296
After tax
27 678
30 226
22 560
28 204
Living cost
7 947
7 947
7 947
7 947
Free-cash
19 731
22 279
14 613
20 257

Estimated living cost  is ₴7947 per week

₴5071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
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.
₴2067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴10859
₴6122
₴5863
₴8234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
accident
-
-
-
329
income
-
-
-
5 922
other
-
-
-
36
unemployment
-
-
-
256
pensions
-
-
-
10 329
total
-
-
-
16 872
Employee
18 509
-
27 676
-
other
18
-
28
-
unemployment
287
-
429
-
pensions
870
-
1 300
-
income
3 568
-
6 033
-
total
4 743
-
7 790
-
Employer
18 509
-
27 676
-
pensions
4 368
-
6 532
-
accident
367
-
548
-
unemployment
1 018
-
1 522
-
other
148
-
221
-
total
5 901
-
8 823
-
Corporate
12 090
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.

1 813
5 475
-
-
total
1 813
5 475
-
-
Dividends
10 277
31 025
-
-
withholding
2 044
6 401
-
-
total
2 044
6 401
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 501
11 876
16 613
16 872
After tax
21 999
24 624
19 887
19 628
Living cost
13 765
13 765
13 765
13 765
Free-cash
8 234
10 859
6 122
5 863

Estimated living cost  is ₴13765 per week

₴9291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1323
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.
₴2910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21765
₴22048
₴22120
₴21599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
12 096
health
-
-
-
535
pensions
-
-
-
738
total
-
-
-
13 369
Employee
1 540
-
35 670
-
unemployment
15
-
37
-
pensions
139
-
332
-
income
298
-
12 058
-
health
77
-
184
-
total
529
-
12 611
-
Employer
1 540
-
35 670
-
health
146
-
350
-
pensions
169
-
406
-
unemployment
31
-
74
-
total
346
-
830
-
Corporate
34 613
36 500
-
-
income
7 615
8 030
-
-
total
7 615
8 030
-
-
Dividends
26 998
28 470
-
-
withholding
5 400
5 694
-
-
total
5 400
5 694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 890
13 724
13 441
13 369
After tax
22 610
22 776
23 059
23 131
Living cost
1 011
1 011
1 011
1 011
Free-cash
21 599
21 765
22 048
22 120

Estimated living cost  is ₴1011 per week

₴601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17710
₴10495
₴9132
₴15247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
36 500
income
-
-
-
4 910
unemployment
-
-
-
547
health
-
-
-
3 760
pensions
-
-
-
9 490
total
-
-
-
18 707
Employee

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

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

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

13 060
-
30 958
-
unemployment
98
-
232
-
pensions
1 828
-
4 334
-
income
1 800
-
5 643
-
health
673
-
1 594
-
total
4 399
-
11 803
-
Employer

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

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

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

13 060
-
30 958
-
health
673
-
1 594
-
pensions
1 567
-
3 715
-
unemployment
98
-
232
-
total
2 338
-
5 541
-
Corporate
21 102
36 500
-
-
income
3 165
5 475
-
-
total
3 165
5 475
-
-
Dividends
17 937
31 025
-
-
withholding
2 690
4 654
-
-
total
2 690
4 654
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 592
10 129
17 344
18 707
After tax
23 908
26 371
19 156
17 793
Living cost
8 661
8 661
8 661
8 661
Free-cash
15 247
17 710
10 495
9 132

Estimated living cost  is ₴8661 per week

₴5832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7266
₴5901
₴7266
₴7086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
36 500
income
-
-
-
3 055
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
total
-
-
-
15 739
Employee
19 428
-
29 494
-
surtax
-
-
-
-
social contributions
2 137
-
3 244
-
income
3 796
-
6 855
-
total
5 933
-
10 099
-
Employer
19 428
-
29 494
-
social contributions
4 614
-
7 005
-
total
4 614
-
7 005
-
Corporate
12 458
36 500
-
-
income
2 616
7 665
-
-
surtax
-
-
-
-
total
2 616
7 665
-
-
Dividends
9 842
28 835
-
-
withholding
2 756
8 074
-
-
total
2 756
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 919
15 739
17 104
15 739
After tax
20 581
20 761
19 396
20 761
Living cost
13 495
13 495
13 495
13 495
Free-cash
7 086
7 266
5 901
7 266

Estimated living cost  is ₴13495 per week

₴9558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴938
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.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴7032
₴2295
₴2036
₴3179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
accident
-
-
-
329
income
-
-
-
5 922
other
-
-
-
36
unemployment
-
-
-
256
pensions
-
-
-
10 329
total
-
-
-
16 872
Employee
24 175
-
27 676
-
other
24
-
28
-
unemployment
374
-
429
-
pensions
1 136
-
1 300
-
income
5 049
-
6 033
-
total
6 583
-
7 790
-
Employer
24 175
-
27 676
-
pensions
5 705
-
6 532
-
accident
479
-
548
-
unemployment
1 330
-
1 522
-
other
194
-
221
-
total
7 708
-
8 823
-
Corporate
4 618
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.

692
5 475
-
-
total
692
5 475
-
-
Dividends
3 925
31 025
-
-
withholding
746
6 401
-
-
total
746
6 401
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 729
11 876
16 613
16 872
After tax
20 771
24 624
19 887
19 628
Living cost
17 592
17 592
17 592
17 592
Free-cash
3 179
7 032
2 295
2 036

Estimated living cost  is ₴17592 per week

₴12634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
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.
₴3343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴22596
₴18621
₴17745
₴19547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
5 475
unemployment
-
-
-
70
health
-
-
-
2 011
pensions

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

-
-
-
2 588
total
-
-
-
10 144
Employee
11 402
-
33 070
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
pensions

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

1 001
-
1 535
-
income
1 140
-
3 307
-
health
525
-
804
-
total
2 791
-
5 838
-
Employer
11 402
-
33 070
-
health
787
-
1 206
-
pensions

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

1 256
-
1 927
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
unemployment
68
-
105
-
total
2 236
-
3 430
-
Corporate
22 861
36 500
-
-
income
2 286
3 650
-
-
total
2 286
3 650
-
-
Dividends
20 574
32 850
-
-
withholding
1 029
1 643
-
-
total
1 029
1 643
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 342
5 293
9 268
10 144
After tax
28 158
31 207
27 232
26 356
Living cost
8 611
8 611
8 611
8 611
Free-cash
19 547
22 596
18 621
17 745

Estimated living cost  is ₴8611 per week

₴5695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴455
₴7898
₴6000
₴6092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
income

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

-
-
-
5 552
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.

-
-
-
305
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.

-
-
-
3 420
trade
-
-
-
1 898
total
-
-
-
11 175
Employee

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

24 906
-
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.

113
-
305
-
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.

2 048
-
5 552
-
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.

3 420
-
3 420
-
total
5 581
-
9 277
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 594
36 500
-
-
income
1 739
5 475
-
-
surtax

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

96
301
-
-
chamber of commerce
93
129
-
-
trade
1 663
5 238
-
-
total
3 591
11 143
-
-
Dividends
8 002
25 357
-
-
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.

100
338
-
-
withholding
1 811
6 149
-
-
total
1 911
6 487
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 083
17 630
9 277
11 175
After tax
25 417
18 870
27 223
25 325
Living cost
19 325
19 325
19 325
19 325
Free-cash
6 092
-455
7 898
6 000

Estimated living cost  is ₴19325 per week

₴13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2079
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.
₴3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2963
-₴1301
-₴1301
-₴2655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
6 326
social contributions
-
-
-
2 961
total
-
-
-
9 287
Employee
39 155
-
36 500
-
income
7 388
-
6 326
-
social contributions
3 253
-
2 961
-
total
10 641
-
9 287
-
Employer
39 155
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
income
-
4 562
-
-
total
-
4 562
-
-
Dividends
-
31 938
-
-
withholding
-
6 387
-
-
total
-
6 387
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 641
10 949
9 287
9 287
After tax
25 859
25 551
27 213
27 213
Living cost
28 514
28 514
28 514
28 514
Free-cash
-2 655
-2 963
-1 301
-1 301

Estimated living cost  is ₴28514 per week

₴21693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2909
₴8424
₴1052
₴5809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
36 500
income
-
-
-
14 249
health

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

-
-
-
3 028
total
-
-
-
17 277
Employee
22 963
-
34 197
-
income
2 492
-
5 300
-
social contributions
2 301
-
2 303
-
total
4 793
-
7 603
-
Employer
22 963
-
34 197
-
social contributions
2 301
-
2 303
-
total
2 301
-
2 303
-
Corporate
11 237
36 500
-
-
income
3 933
12 775
-
-
total
3 933
12 775
-
-
Dividends
7 304
23 725
-
-
social contributions
1 494
2 645
-
-
total
1 494
2 645
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 521
15 420
9 906
17 277
After tax
23 979
21 080
26 594
19 223
Living cost
18 170
18 170
18 170
18 170
Free-cash
5 809
2 909
8 424
1 052

Estimated living cost  is ₴18170 per week

₴11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8693
₴4649
₴8589
₴5859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
6 811
pensions
-
-
-
2 446
total
-
-
-
9 257
Employee
25 605
-
32 366
-
pensions
1 954
-
2 766
-
income
4 663
-
5 825
-
health
334
-
472
-
total
6 951
-
9 063
-
Employer
25 605
-
32 366
-
health
487
-
615
-
pensions
2 587
-
3 519
-
total
3 074
-
4 134
-
Corporate
7 822
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.

1 486
6 935
-
-
total
1 486
6 935
-
-
Dividends
6 335
29 565
-
-
withholding
476
2 218
-
-
total
476
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 987
9 153
13 197
9 257
After tax
24 513
27 347
23 303
27 243
Living cost
18 654
18 654
18 654
18 654
Free-cash
5 859
8 693
4 649
8 589

Estimated living cost  is ₴18654 per week

₴12796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴9127
₴6577
₴13059
₴1103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
accident
-
-
-
128
income
-
-
-
7 825
other
-
-
-
188
health
-
-
-
1 106
pensions
-
-
-
2 111
total
-
-
-
11 358
Employee
19 008
-
30 321
-
pensions
2 140
-
3 414
-
income
2 608
-
4 775
-
health
2 176
-
3 472
-
total
6 924
-
11 661
-
Employer
19 008
-
30 321
-
pensions
3 091
-
4 930
-
accident
317
-
506
-
unemployment
466
-
743
-
total
3 874
-
6 179
-
Corporate
13 619
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.

12 257
32 850
-
-
total
12 257
32 850
-
-
Dividends
1 362
3 650
-
-
withholding
259
694
-
-
total
259
694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 314
33 544
17 840
11 358
After tax
13 186
2 956
18 660
25 142
Living cost
12 083
12 083
12 083
12 083
Free-cash
1 103
-9 127
6 577
13 059

Estimated living cost  is ₴12083 per week

₴8868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24261
₴14462
₴14462
₴21826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
36 500
income
-
-
-
5 236
unemployment
-
-
-
438
work injury
-
-
-
183
health insurance
-
-
-
2 701
pensions
-
-
-
6 716
total
-
-
-
15 274
Employee

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

10 822
-
36 500
-
health insurance
801
-
2 701
-
unemployment
130
-
438
-
work injury
54
-
183
-
pensions
1 991
-
6 716
-
income
1 082
-
5 236
-
total
4 058
-
15 274
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 678
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
25 678
36 500
-
-
withholding
3 852
5 475
-
-
total
3 852
5 475
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 910
5 475
15 274
15 274
After tax
28 590
31 025
21 226
21 226
Living cost
6 764
6 764
6 764
6 764
Free-cash
21 826
24 261
14 462
14 462

Estimated living cost  is ₴6764 per week

₴4190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴715
-₴2447
-₴484
-₴5681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
social contributions
-
-
-
9 388
regional
-
-
-
604
municipal
-
-
-
244
national
-
-
-
6 807
total
-
-
-
17 043
Employee
42 180
-
36 500
-
municipal
252
-
218
-
national
7 128
-
5 962
-
regional
637
-
518
-
social contributions
14 223
-
12 308
-
total
22 240
-
19 006
-
Employer
42 180
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
municipal
-
1 759
-
-
nationa
-
8 760
-
-
total
-
10 519
-
-
Dividends
-
25 981
-
-
withholding
-
6 755
-
-
total
-
6 755
-
-
Income
36 500
36 500
36 500
36 500
Total tax
22 240
17 274
19 006
17 043
After tax
14 260
19 226
17 494
19 457
Living cost
19 941
19 941
19 941
19 941
Free-cash
-5 681
-715
-2 447
-484

Estimated living cost  is ₴19941 per week

₴14007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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