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
₴5499
₴10237
₴11071
₴13683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
trade
-
-
-
2 612
income

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

-
-
-
6 557
health

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

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

-
-
-
2 926
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.

-
-
-
361
total
-
-
-
12 456
Employee

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

16 381
-
36 500
-
health

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

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

2 926
-
2 926
-
surtax

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

25
-
361
-
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.

458
-
6 557
-
total
3 409
-
9 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 119
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.

166
301
-
-
income
3 018
5 475
-
-
trade
3 169
5 749
-
-
chamber of commerce
94
118
-
-
total
6 447
11 643
-
-
Dividends
13 672
24 858
-
-
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.

179
333
-
-
withholding
3 255
6 052
-
-
total
3 434
6 385
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 290
18 028
9 844
12 456
After tax
23 210
18 472
26 656
24 044
Living cost
12 973
12 973
12 973
12 973
Free-cash
10 237
5 499
13 683
11 071

Estimated living cost  is ₴12973 per week

₴8160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1135
-₴93
₴592
₴878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
municipal
-
-
-
3 724
pensions
-
-
-
4 380
national
-
-
-
5 771
social contributions
-
-
-
392
total
-
-
-
14 267
Employee
33 548
-
31 554
-
municipal
4 144
-
3 866
-
pensions
1 342
-
1 262
-
national
6 421
-
5 990
-
total
11 907
-
11 118
-
Employer
33 548
-
31 554
-
social contributions
361
-
339
-
pensions
2 684
-
2 524
-
total
3 045
-
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
14 952
13 724
13 981
14 267
After tax
21 548
22 776
22 519
22 233
Living cost
21 641
21 641
21 641
21 641
Free-cash
-93
1 135
878
592

Estimated living cost  is ₴21641 per week

₴14709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
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.
₴4596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴20290
₴16776
₴10647
₴11735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
5 208
surtax
-
-
-
-
social contributions

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

-
-
-
11 735
total
-
-
-
16 943
Employee
12 515
-
29 414
-
social contributions

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

1 377
-
3 236
-
surtax
-
-
-
-
income
2 228
-
5 533
-
total
3 605
-
8 769
-
Employer
12 515
-
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.

3 015
-
7 086
-
surtax
-
-
-
-
total
3 015
-
7 086
-
Corporate
20 971
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%.

4 194
7 300
-
-
total
4 194
7 300
-
-
Dividends

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

16 777
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 814
7 300
15 855
16 943
After tax
25 686
29 200
20 645
19 557
Living cost
8 910
8 910
8 910
8 910
Free-cash
16 776
20 290
11 735
10 647

Estimated living cost  is ₴8910 per week

₴5684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3627
-₴6031
₴2811
-₴6031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 958
pensions
-
-
-
5 018
health
-
-
-
4 771
total
-
-
-
15 747
Employee
36 574
36 574
36 574
-
health
5 614
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
6 583
5 018
6 583
-
total
18 184
15 780
18 184
-
Employer
36 574
36 574
36 574
-
unemployment
1 317
1 317
1 317
-
pensions
2 546
2 546
2 546
-
health
2 542
2 542
2 542
-
total
6 405
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 589
22 185
24 589
15 747
After tax
11 911
14 315
11 911
20 753
Living cost
17 942
17 942
17 942
17 942
Free-cash
-6 031
-3 627
-6 031
2 811

Estimated living cost  is ₴17942 per week

₴12715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
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.
₴3324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3381
₴3010
₴1695
₴2944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
municipal
-
-
-
7 751
accident
-
-
-
73
pensions
-
-
-
3 920
other
-
-
-
4 214
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
-
total
-
-
-
18 257
Employee
23 579
-
27 773
-
municipal
7 031
-
8 282
-
national
-
-
-
-
total
7 031
-
8 282
-
Employer
23 579
-
27 773
-
accident
47
-
56
-
other
2 740
-
3 227
-
unemployment
622
-
733
-
pensions
2 549
-
3 002
-
health
1 450
-
1 708
-
total
7 408
-
8 726
-
Corporate
5 512
36 500
-
-
income
1 213
8 030
-
-
total
1 213
8 030
-
-
Dividends
4 300
28 470
-
-
withholding
1 290
8 541
-
-
total
1 290
8 541
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 942
16 571
17 008
18 257
After tax
19 558
19 929
19 492
18 243
Living cost
16 548
16 548
16 548
16 548
Free-cash
3 010
3 381
2 944
1 695

Estimated living cost  is ₴16548 per week

₴10967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
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.
₴3706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1461
₴7478
₴7103
₴9831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
trade
-
-
-
2 728
income

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

-
-
-
6 557
health

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

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

-
-
-
2 926
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.

-
-
-
361
total
-
-
-
12 572
Employee

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

21 719
-
36 500
-
health

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

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

2 926
-
2 926
-
surtax

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

102
-
361
-
income

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

1 866
-
6 557
-
total
4 894
-
9 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 781
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.

122
301
-
-
income
2 217
5 475
-
-
trade
2 432
6 004
-
-
chamber of commerce
86
117
-
-
total
4 857
11 897
-
-
Dividends
9 924
24 604
-
-
surtax

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

128
329
-
-
withholding
2 318
5 988
-
-
total
2 446
6 317
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 197
18 214
9 844
12 572
After tax
24 303
18 286
26 656
23 928
Living cost
16 825
16 825
16 825
16 825
Free-cash
7 478
1 461
9 831
7 103

Estimated living cost  is ₴16825 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
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.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴12862
₴11086
₴12864
₴12829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 119
health
-
-
-
931
social contributions
-
-
-
5 694
total
-
-
-
9 744
Employee
32 933
32 933
33 137
-
social contributions
1 600
2 733
2 750
-
health
328
560
563
-
income
3 458
3 049
3 103
-
total
5 386
6 342
6 416
-
Employer
32 933
32 933
33 137
-
social contributions
1 600
2 733
2 750
-
health
357
610
613
-
total
1 957
3 343
3 363
-
Corporate
15 265
224
-
-
income
1 908
28
-
-
total
1 908
28
-
-
Dividends
13 357
196
-
-
withholding
2 271
33
-
-
total
2 271
33
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 522
9 746
9 779
9 744
After tax
24 978
26 754
26 721
26 756
Living cost
13 892
13 892
13 892
13 892
Free-cash
11 086
12 862
12 829
12 864

Estimated living cost  is ₴13892 per week

₴9496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
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.
₴3077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12803
₴12967
₴17504
₴13378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 650
unemployment
-
-
-
547
health
-
-
-
2 555
total
-
-
-
11 214
Employee

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

The minimum wage is 138,000 HUF per month.

11 233
4 471
30 544
-
health
786
313
2 138
-
income
1 373
547
3 734
-
pensions
1 123
447
3 054
-
unemployment
168
67
458
-
total
3 450
1 374
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.

11 233
4 471
30 544
-
pensions
2 190
872
5 956
-
total
2 190
872
5 956
-
Corporate
23 077
31 158
-
-
income
2 077
2 804
-
-
total
2 077
2 804
-
-
Dividends
21 000
28 354
-
-
social contributions
4 044
5 478
-
-
withholding
3 990
5 387
-
-
total
8 034
10 865
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 751
15 915
15 340
11 214
After tax
20 749
20 585
21 160
25 286
Living cost
7 782
7 782
7 782
7 782
Free-cash
12 967
12 803
13 378
17 504

Estimated living cost  is ₴7782 per week

₴5310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴18855
₴16195
₴9220
₴10696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 299
health
-
-
-
4 745
total
-
-
-
16 935
Employee
12 150
-
27 278
-
income
1 368
-
5 259
-
pensions
243
-
545
-
unemployment
194
-
436
-
total
1 805
-
6 240
-
Employer
12 150
-
27 278
-
unemployment
98
-
218
-
pensions
2 430
-
5 455
-
health
1 579
-
3 546
-
total
4 107
-
9 219
-
Corporate
20 243
36 500
-
-
income
4 048
7 300
-
-
total
4 048
7 300
-
-
Dividends
16 195
29 200
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
9 960
7 300
15 459
16 935
After tax
26 540
29 200
21 041
19 565
Living cost
10 345
10 345
10 345
10 345
Free-cash
16 195
18 855
10 696
9 220

Estimated living cost  is ₴10345 per week

₴7095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6410
₴1520
₴15722
₴9108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108
income
-
-
-
8 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
11 411
Employee
14 735
-
30 550
-
health
1 687
-
3 498
-
income
2 022
-
5 330
-
pensions
1 659
-
3 248
-
total
5 368
-
12 076
-
Employer
14 735
-
30 550
-
accident
246
-
510
-
unemployment
361
-
748
-
pensions
2 396
-
4 691
-
total
3 003
-
5 949
-
Corporate
18 762
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.

16 885
32 850
-
-
total
16 885
32 850
-
-
Dividends
1 876
3 650
-
-
withholding
357
693
-
-
total
357
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
25 613
33 543
18 025
11 411
After tax
10 887
2 957
18 475
25 089
Living cost
9 367
9 367
9 367
9 367
Free-cash
1 520
-6 410
9 108
15 722

Estimated living cost  is ₴9367 per week

₴6865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30822
₴30100
₴32281
₴25347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
microenterprise

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

-
-
-
365
total
-
-
-
365
Employee
4 817
-
36 500
-
income
963
-
7 300
-
total
963
-
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%.

31 683
36 500
-
-
total
-
-
-
-
Dividends
31 683
36 500
-
-
withholding
1 584
1 825
-
-
total
1 584
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
2 547
1 825
7 300
365
After tax
33 953
34 675
29 200
36 135
Living cost
3 854
3 854
3 854
3 854
Free-cash
30 100
30 822
25 347
32 281

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴15405
₴12513
₴8351
₴9982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
income
-
-
-
4 636
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.

-
-
-
8 761
other
-
-
-
1 734
health
-
-
-
1 606
total
-
-
-
16 737
Employee
15 551
-
29 153
-
health
218
-
408
-
income
2 677
-
5 018
-
pensions

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

1 088
-
2 041
-
unemployment
155
-
292
-
total
4 138
-
7 759
-
Employer
15 551
-
29 153
-
accident
124
-
233
-
other
778
-
1 458
-
unemployment
155
-
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.

2 644
-
4 956
-
health
218
-
408
-
total
3 919
-
7 347
-
Corporate
17 030
36 500
-
-
income
3 576
7 665
-
-
total
3 576
7 665
-
-
Dividends
13 454
28 835
-
-
withholding
942
2 018
-
-
total
942
2 018
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 575
9 683
15 106
16 737
After tax
23 925
26 817
21 394
19 763
Living cost
11 412
11 412
11 412
11 412
Free-cash
12 513
15 405
9 982
8 351

Estimated living cost  is ₴11412 per week

₴8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1396
-₴9741
-₴1597
-₴5672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 786
pensions
-
-
-
2 568
total
-
-
-
9 354
Employee
40 666
-
32 247
-
health
670
-
498
-
income
7 331
-
5 767
-
pensions
3 923
-
2 913
-
total
11 924
-
9 178
-
Employer
40 666
-
32 247
-
pensions
4 802
-
3 639
-
health
772
-
612
-
total
5 574
-
4 251
-
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
17 498
9 153
13 429
9 354
After tax
19 002
27 347
23 071
27 146
Living cost
28 743
28 743
28 743
28 743
Free-cash
-9 741
-1 396
-5 672
-1 597

Estimated living cost  is ₴28743 per week

₴21537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴25588
₴23598
₴21408
₴22419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
9 473
Employee
7 440
-
33 563
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
3 356
-
pensions

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

653
-
1 314
-
total
1 821
-
5 524
-
Employer
7 440
-
33 563
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
27 600
36 500
-
-
income
2 760
3 650
-
-
total
2 760
3 650
-
-
Dividends
24 840
32 850
-
-
withholding
1 242
1 643
-
-
total
1 242
1 643
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 283
5 293
8 462
9 473
After tax
29 217
31 207
28 038
27 027
Living cost
5 619
5 619
5 619
5 619
Free-cash
23 598
25 588
22 419
21 408

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9434
-₴10160
-₴2996
-₴11838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 958
pensions
-
-
-
5 018
health
-
-
-
4 771
total
-
-
-
15 747
Employee
39 708
36 574
36 574
-
health
4 954
4 775
5 614
-
income

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

5 987
5 987
5 987
-
pensions
5 018
5 018
6 583
-
total
15 959
15 780
18 184
-
Employer
39 708
36 574
36 574
-
unemployment
1 430
1 317
1 317
-
pensions
2 763
2 546
2 546
-
health
2 759
2 542
2 542
-
total
6 952
6 405
6 405
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
22 911
22 185
24 589
15 747
After tax
13 589
14 315
11 911
20 753
Living cost
23 749
23 749
23 749
23 749
Free-cash
-10 160
-9 434
-11 838
-2 996

Estimated living cost  is ₴23749 per week

₴17519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
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.
₴3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴14873
₴11214
₴7520
₴8264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 928
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 658
total
-
-
-
18 723
Employee
15 084
-
27 239
-
social contributions
980
-
1 771
-
health
2 036
-
3 677
-
solidarity contribution
-
-
-
-
income
1 810
-
3 269
-
total
4 826
-
8 717
-
Employer
15 084
-
27 239
-
social contributions
3 771
-
6 810
-
health
1 358
-
2 452
-
total
5 129
-
9 262
-
Corporate
16 288
36 500
-
-
income
3 095
6 935
-
-
total
3 095
6 935
-
-
Dividends
13 193
29 565
-
-
withholding
1 979
4 435
-
-
total
1 979
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 029
11 370
17 979
18 723
After tax
21 471
25 130
18 521
17 777
Living cost
10 257
10 257
10 257
10 257
Free-cash
11 214
14 873
8 264
7 520

Estimated living cost  is ₴10257 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1402
-₴1564
₴1119
-₴616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
municipal
-
-
-
217
regional
-
-
-
392
national
-
-
-
7 312
social contributions
-
-
-
9 388
total
-
-
-
17 309
Employee
38 064
-
36 500
-
social contributions
12 835
-
12 308
-
regional
359
-
341
-
municipal
202
-
193
-
national
6 596
-
6 202
-
total
19 992
-
19 044
-
Employer
38 064
-
36 500
-
total
-
-
-
-
Corporate
-
36 500
-
-
nationa
-
8 760
-
-
municipal
-
1 423
-
-
total
-
10 183
-
-
Dividends
-
26 317
-
-
withholding
-
6 843
-
-
total
-
6 843
-
-
Income
36 500
36 500
36 500
36 500
Total tax
19 992
17 026
19 044
17 309
After tax
16 508
19 474
17 456
19 191
Living cost
18 072
18 072
18 072
18 072
Free-cash
-1 564
1 402
-616
1 119

Estimated living cost  is ₴18072 per week

₴12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13507
₴12174
₴9975
₴9277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 396
pensions
-
-
-
7 300
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 592
surtax
-
-
-
688
total
-
-
-
17 074
Employee
14 163
-
30 153
-
other
-
-
-
-
health
362
-
769
-
surtax
46
-
607
-
income
2 374
-
5 938
-
pensions
944
-
2 012
-
unemployment
986
-
2 099
-
total
4 712
-
11 425
-
Employer
14 163
-
30 153
-
other
-
-
-
-
unemployment
449
-
956
-
pensions
1 888
-
4 019
-
health
645
-
1 372
-
total
2 982
-
6 347
-
Corporate
19 356
36 500
-
-
income
5 033
9 490
-
-
total
5 033
9 490
-
-
Dividends
14 323
27 010
-
-
withholding
2 148
4 052
-
-
total
2 148
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 875
13 542
17 772
17 074
After tax
21 625
22 958
18 728
19 426
Living cost
9 451
9 451
9 451
9 451
Free-cash
12 174
13 507
9 277
9 975

Estimated living cost  is ₴9451 per week

₴5779
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.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴7711
₴4330
₴7510
₴3435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 786
pensions
-
-
-
2 568
total
-
-
-
9 354
Employee
27 254
-
32 247
-
health
396
-
498
-
income
4 908
-
5 767
-
pensions
2 313
-
2 913
-
total
7 617
-
9 178
-
Employer
27 254
-
32 247
-
pensions
2 950
-
3 639
-
health
518
-
612
-
total
3 468
-
4 251
-
Corporate
5 779
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.

1 098
6 935
-
-
total
1 098
6 935
-
-
Dividends
4 681
29 565
-
-
withholding
351
2 218
-
-
total
351
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 534
9 153
13 429
9 354
After tax
23 966
27 347
23 071
27 146
Living cost
19 636
19 636
19 636
19 636
Free-cash
4 330
7 711
3 435
7 510

Estimated living cost  is ₴19636 per week

₴14711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴15679
-₴4988
-₴1738
-₴3602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
384
pensions
-
-
-
3 359
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
-
-
-
1 127
health
-
-
-
106
national
-
-
-
163
total
-
-
-
5 869
Employee
37 880
-
32 670
-
city
407
-
351
-
regional
1 240
-
959
-
health
86
-
73
-
pensions
3 182
-
2 743
-
unemployment
-
-
-
-
national
179
-
138
-
total
5 094
-
4 264
-
Employer
37 880
-
32 670
-
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.

757
-
653
-
unemployment
-
-
-
-
pensions
3 182
-
2 743
-
health
86
-
73
-
total
4 025
-
3 469
-
Corporate
-
36 500
-
-
regional
-
7 720
-
-
national
-
3 103
-
-
total
-
10 823
-
-
Dividends
-
25 677
-
-
withholding
-
8 987
-
-
total
-
8 987
-
-
Income
36 500
36 500
36 500
36 500
Total tax
9 119
19 810
7 733
5 869
After tax
27 381
16 690
28 767
30 631
Living cost
32 369
32 369
32 369
32 369
Free-cash
-4 988
-15 679
-3 602
-1 738

Estimated living cost  is ₴32369 per week

₴21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴1522
₴5422
₴4191
₴7036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
trade
-
-
-
2 845
income

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

-
-
-
6 557
health

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

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

-
-
-
2 926
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.

-
-
-
361
total
-
-
-
12 689
Employee

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

25 739
-
36 500
-
health

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

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

2 926
-
2 926
-
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.

167
-
361
-
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.

3 027
-
6 557
-
total
6 120
-
9 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 761
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.

89
301
-
-
income
1 614
5 475
-
-
trade
1 846
6 260
-
-
chamber of commerce
80
116
-
-
total
3 629
12 152
-
-
Dividends
7 132
24 348
-
-
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.

89
326
-
-
withholding
1 620
5 924
-
-
total
1 709
6 250
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 458
18 402
9 844
12 689
After tax
25 042
18 098
26 656
23 811
Living cost
19 620
19 620
19 620
19 620
Free-cash
5 422
-1 522
7 036
4 191

Estimated living cost  is ₴19620 per week

₴14330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1569
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.
₴3466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3742
₴6273
₴6547
₴6627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 581
pensions
-
-
-
10 220
other
-
-
-
1 131
health
-
-
-
328
surtax
-
-
-
-
social contributions
-
-
-
1 040
total
-
-
-
15 300
Employee
18 330
-
27 814
-
social contributions
523
-
792
-
surtax
-
-
-
-
income
1 082
-
2 597
-
pensions
2 073
-
3 145
-
total
3 678
-
6 534
-
Employer
18 330
-
27 814
-
other
632
-
960
-
social contributions
55
-
84
-
unemployment
742
-
1 126
-
pensions
3 011
-
4 569
-
health
1 283
-
1 947
-
total
5 723
-
8 686
-
Corporate
12 446
36 500
-
-
surtax
-
-
-
-
income
3 485
10 220
-
-
total
3 485
10 220
-
-
Dividends
8 960
26 280
-
-
surtax
-
-
-
-
social contributions
1 541
4 521
-
-
withholding
1 147
3 364
-
-
total
2 688
7 885
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 574
18 105
15 220
15 300
After tax
20 926
18 395
21 280
21 200
Living cost
14 653
14 653
14 653
14 653
Free-cash
6 273
3 742
6 627
6 547

Estimated living cost  is ₴14653 per week

₴9239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5194
₴7573
₴7999
₴8079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 581
pensions
-
-
-
10 220
other
-
-
-
1 131
health
-
-
-
328
surtax
-
-
-
-
social contributions
-
-
-
1 040
total
-
-
-
15 300
Employee
16 362
-
27 814
-
social contributions
467
-
792
-
surtax
-
-
-
-
income
844
-
2 597
-
pensions
1 851
-
3 145
-
total
3 162
-
6 534
-
Employer
16 362
-
27 814
-
other
565
-
960
-
social contributions
49
-
84
-
unemployment
662
-
1 126
-
pensions
2 689
-
4 569
-
health
1 145
-
1 947
-
total
5 110
-
8 686
-
Corporate
15 028
36 500
-
-
surtax
-
-
-
-
income
4 208
10 220
-
-
total
4 208
10 220
-
-
Dividends
10 820
26 280
-
-
surtax
-
-
-
-
social contributions
1 861
4 521
-
-
withholding
1 385
3 364
-
-
total
3 246
7 885
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 726
18 105
15 220
15 300
After tax
20 774
18 395
21 280
21 200
Living cost
13 201
13 201
13 201
13 201
Free-cash
7 573
5 194
8 079
7 999

Estimated living cost  is ₴13201 per week

₴7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13185
₴13409
₴14358
₴14749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 548
social contributions
-
-
-
5 037
total
-
-
-
13 060
Employee
14 522
-
36 500
-
social contributions
2 004
-
5 037
-
health
1 014
-
2 548
-
income
2 422
-
5 084
-
total
5 440
-
12 669
-
Employer
14 522
-
36 500
-
total
-
-
-
-
Corporate
21 978
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%.

1 099
1 825
-
-
total
1 099
1 825
-
-
Dividends
20 880
34 675
-
-
health
1 457
2 420
-
-
social contributions
2 881
4 786
-
-
withholding
3 132
5 202
-
-
total
7 470
12 408
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 009
14 233
12 669
13 060
After tax
22 491
22 267
23 831
23 440
Living cost
9 082
9 082
9 082
9 082
Free-cash
13 409
13 185
14 749
14 358

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴5477
₴4814
₴4190
-₴3007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
146
income
-
-
-
4 816
pensions
-
-
-
6 752
unemployment
-
-
-
2 627
health
-
-
-
2 793
surtax
-
-
-
85
total
-
-
-
17 219
Employee
21 404
17 068
28 277
-
other
214
171
283
-
health
828
661
1 094
-
income
2 437
1 259
4 407
-
pensions
2 192
1 747
2 896
-
unemployment
642
512
849
-
total
6 313
4 350
9 529
-
Employer
21 404
17 068
28 277
-
accident
278
222
367
-
other
1 017
810
1 343
-
chamber of commerce
85
68
113
-
unemployment
642
512
849
-
surtax
85
85
85
-
pensions
2 686
2 142
3 549
-
payroll
642
512
849
-
health
809
645
1 069
-
total
6 244
4 996
8 224
-
Corporate
8 852
14 435
26 652
-
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.

2 213
3 609
6 663
-
total
2 213
3 609
6 663
-
Dividends
6 639
10 827
-
-
withholding
1 825
2 977
-
-
total
1 825
2 977
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 595
15 932
24 416
17 219
After tax
19 905
20 568
12 084
19 281
Living cost
15 091
15 091
15 091
15 091
Free-cash
4 814
5 477
-3 007
4 190

Estimated living cost  is ₴15091 per week

₴10065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
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.
₴3491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴4878
-₴3055
₴2212
-₴1007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 451
communal

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

-
-
-
1 869
social contributions
-
-
-
5 352
total
-
-
-
18 672
Employee

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

30 636
-
28 271
-
communal

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

1 598
-
1 474
-
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.

1 439
-
1 329
-
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.

2 298
-
2 120
-
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.

267
-
246
-
national
9 419
-
8 493
-
total
15 021
-
13 662
-
Employer

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

30 636
-
28 271
-
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.

398
-
367
-
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.

447
-
413
-
surtax
3 474
-
3 206
-
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.

2 715
-
2 505
-
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.

1 884
-
1 738
-
total
8 918
-
8 229
-
Corporate
-
36 500
-
-
surtax
-
146
-
-
income
-
7 300
-
-
total
-
7 446
-
-
Dividends
-
29 053
-
-
withholding

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

-
8 560
-
-
total
-
8 560
-
-
Income
36 500
36 500
36 500
36 500
Total tax
23 939
16 006
21 891
18 672
After tax
12 561
20 494
14 609
17 828
Living cost
15 616
15 616
15 616
15 616
Free-cash
-3 055
4 878
-1 007
2 212

Estimated living cost  is ₴15616 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9140
₴5727
₴3910
₴4169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
328
income
-
-
-
6 174
pensions
-
-
-
10 329
other
-
-
-
37
unemployment
-
-
-
255
total
-
-
-
17 123
Employee
21 319
-
27 677
-
other
21
-
28
-
income
4 498
-
6 285
-
pensions
1 002
-
1 300
-
unemployment
331
-
429
-
total
5 852
-
8 042
-
Employer
21 319
-
27 677
-
accident
422
-
548
-
other
170
-
221
-
unemployment
1 173
-
1 522
-
pensions
5 031
-
6 531
-
total
6 796
-
8 822
-
Corporate
8 385
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.

1 258
5 475
-
-
total
1 258
5 475
-
-
Dividends
7 127
31 025
-
-
withholding
1 400
6 418
-
-
total
1 400
6 418
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 306
11 893
16 864
17 123
After tax
21 194
24 607
19 636
19 377
Living cost
15 467
15 467
15 467
15 467
Free-cash
5 727
9 140
4 169
3 910

Estimated living cost  is ₴15467 per week

₴11390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴760
-₴3384
-₴1702
₴97
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
308
income
-
-
-
2 468
pensions
-
-
-
5 471
health
-
-
-
2 564
surtax
-
-
-
1 809
communal
-
-
-
2 307
total
-
-
-
14 927
Employee
32 434
-
32 604
-
health
1 443
-
1 451
-
surtax
1 988
-
1 999
-
income
3 133
-
3 175
-
pensions
2 594
-
2 608
-
total
9 158
-
9 233
-
Employer
32 434
-
32 604
-
accident
292
-
293
-
pensions
2 594
-
2 608
-
health
989
-
994
-
total
3 875
-
3 895
-
Corporate
191
36 500
-
-
surtax
2
384
-
-
communal
-
2 463
-
-
income
28
5 475
-
-
total
30
8 322
-
-
Dividends
161
28 178
-
-
income
3 522
1 437
-
-
withholding
24
4 226
-
-
total
3 546
5 663
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 609
13 985
13 128
14 927
After tax
19 891
22 515
23 372
21 573
Living cost
23 275
23 275
23 275
23 275
Free-cash
-3 384
-760
97
-1 702

Estimated living cost  is ₴23275 per week

₴17460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13338
₴11976
₴9806
₴9108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 396
pensions
-
-
-
7 300
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 592
surtax
-
-
-
688
total
-
-
-
17 074
Employee
14 423
-
30 153
-
other
-
-
-
-
health
368
-
769
-
surtax
51
-
607
-
income
2 418
-
5 938
-
pensions
962
-
2 012
-
unemployment
1 004
-
2 099
-
total
4 803
-
11 425
-
Employer
14 423
-
30 153
-
other
-
-
-
-
unemployment
458
-
956
-
pensions
1 923
-
4 019
-
health
656
-
1 372
-
total
3 037
-
6 347
-
Corporate
19 040
36 500
-
-
income
4 951
9 490
-
-
total
4 951
9 490
-
-
Dividends
14 090
27 010
-
-
withholding
2 113
4 052
-
-
total
2 113
4 052
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 904
13 542
17 772
17 074
After tax
21 596
22 958
18 728
19 426
Living cost
9 620
9 620
9 620
9 620
Free-cash
11 976
13 338
9 108
9 806

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7648
₴6698
₴7495
₴5769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
municipal
-
-
-
217
regional
-
-
-
551
national
-
-
-
7 312
social contributions
-
-
-
9 388
total
-
-
-
17 468
Employee
23 758
-
36 500
-
social contributions
8 011
-
12 308
-
regional
320
-
491
-
municipal
126
-
193
-
national
3 764
-
6 202
-
total
12 221
-
19 194
-
Employer
23 758
-
36 500
-
total
-
-
-
-
Corporate
12 742
36 500
-
-
nationa
3 058
8 760
-
-
municipal
633
1 814
-
-
total
3 691
10 574
-
-
Dividends
9 051
25 926
-
-
withholding
2 353
6 741
-
-
total
2 353
6 741
-
-
Income
36 500
36 500
36 500
36 500
Total tax
18 265
17 315
19 194
17 468
After tax
18 235
19 185
17 306
19 032
Living cost
11 537
11 537
11 537
11 537
Free-cash
6 698
7 648
5 769
7 495

Estimated living cost  is ₴11537 per week

₴7175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12491
₴7982
₴5138
₴5882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 928
solidarity contribution
-
-
-
-
social contributions
-
-
-
10 658
total
-
-
-
18 723
Employee
18 587
-
27 239
-
social contributions
1 208
-
1 771
-
health
2 509
-
3 677
-
solidarity contribution
-
-
-
-
income
2 230
-
3 269
-
total
5 947
-
8 717
-
Employer
18 587
-
27 239
-
social contributions
4 647
-
6 810
-
health
1 673
-
2 452
-
total
6 320
-
9 262
-
Corporate
11 593
36 500
-
-
income
2 203
6 935
-
-
total
2 203
6 935
-
-
Dividends
9 390
29 565
-
-
withholding
1 409
4 435
-
-
total
1 409
4 435
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 879
11 370
17 979
18 723
After tax
20 621
25 130
18 521
17 777
Living cost
12 639
12 639
12 639
12 639
Free-cash
7 982
12 491
5 882
5 138

Estimated living cost  is ₴12639 per week

₴9399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴6950
₴6737
₴5702
-₴1556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
146
income
-
-
-
4 816
pensions
-
-
-
6 752
unemployment
-
-
-
2 627
health
-
-
-
2 793
surtax
-
-
-
-
total
-
-
-
17 134
Employee
18 722
17 068
28 344
-
other
187
171
284
-
health
724
661
1 097
-
income
1 668
1 259
4 425
-
pensions
1 917
1 747
2 902
-
unemployment
562
512
850
-
total
5 058
4 350
9 558
-
Employer
18 722
17 068
28 344
-
accident
243
222
368
-
other
889
810
1 346
-
chamber of commerce
75
68
113
-
unemployment
562
512
850
-
surtax
-
-
-
-
pensions
2 350
2 142
3 557
-
payroll
562
512
850
-
health
708
645
1 071
-
total
5 389
4 911
8 155
-
Corporate
12 390
14 520
26 718
-
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.

3 097
3 630
6 679
-
total
3 097
3 630
6 679
-
Dividends
9 293
10 890
-
-
withholding
2 555
2 995
-
-
total
2 555
2 995
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 099
15 886
24 392
17 134
After tax
20 401
20 614
12 108
19 366
Living cost
13 664
13 664
13 664
13 664
Free-cash
6 737
6 950
-1 556
5 702

Estimated living cost  is ₴13664 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
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.
₴3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28670
₴27544
₴30130
₴23195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 506
-
36 500
-
income
1 501
-
7 300
-
total
1 501
-
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%.

28 994
36 500
-
-
total
-
-
-
-
Dividends
28 994
36 500
-
-
withholding
1 450
1 825
-
-
total
1 450
1 825
-
-
Income
36 500
36 500
36 500
36 500
Total tax
2 951
1 825
7 300
365
After tax
33 549
34 675
29 200
36 135
Living cost
6 005
6 005
6 005
6 005
Free-cash
27 544
28 670
23 195
30 130

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴13643
₴10061
₴7675
₴6629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 026
pensions
-
-
-
6 665
unemployment
-
-
-
54
health
-
-
-
3 592
total
-
-
-
17 337
Employee

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

18 939
-
31 583
-
health
1 223
-
2 040
-
income
3 266
-
6 487
-
pensions
2 936
-
4 895
-
unemployment
27
-
44
-
total
7 452
-
13 466
-
Employer

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

18 939
-
31 583
-
unemployment
11
-
19
-
pensions
1 676
-
2 795
-
health
1 261
-
2 103
-
total
2 948
-
4 917
-
Corporate
14 612
36 500
-
-
income
2 776
6 935
-
-
total
2 776
6 935
-
-
Dividends
11 836
29 565
-
-
withholding
1 775
4 434
-
-
total
1 775
4 434
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 951
11 369
18 383
17 337
After tax
21 549
25 131
18 117
19 163
Living cost
11 488
11 488
11 488
11 488
Free-cash
10 061
13 643
6 629
7 675

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴3717
-₴27394
₴6734
₴12372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
26 512
-
-
-
social contributions
2 174
-
310
-
income
5 848
-
-
-
total
8 022
-
310
-
Employer
26 512
-
-
-
social contributions
37 382
-
5 328
-
total
37 382
-
5 328
-
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
45 404
14 293
5 638
11 276
After tax
-8 904
22 207
30 862
25 224
Living cost
18 490
18 490
18 490
18 490
Free-cash
-27 394
3 717
12 372
6 734

Estimated living cost  is ₴18490 per week

₴11997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴7327
₴6897
₴7163
₴5548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 219
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
total
-
-
-
15 903
Employee
19 698
-
29 495
-
social contributions
2 167
-
3 245
-
surtax
-
-
-
-
income
4 097
-
7 268
-
total
6 264
-
10 513
-
Employer
19 698
-
29 495
-
social contributions
4 678
-
7 005
-
total
4 678
-
7 005
-
Corporate
12 124
36 500
-
-
surtax
-
-
-
-
income
2 546
7 665
-
-
total
2 546
7 665
-
-
Dividends
9 577
28 835
-
-
withholding
2 681
8 074
-
-
total
2 681
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
16 169
15 739
17 518
15 903
After tax
20 331
20 761
18 982
20 597
Living cost
13 434
13 434
13 434
13 434
Free-cash
6 897
7 327
5 548
7 163

Estimated living cost  is ₴13434 per week

₴10051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2291
₴654
₴514
₴594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 581
pensions
-
-
-
10 220
other
-
-
-
1 131
health
-
-
-
328
surtax
-
-
-
-
social contributions
-
-
-
1 040
total
-
-
-
15 300
Employee
26 825
-
27 814
-
social contributions
764
-
792
-
surtax
-
-
-
-
income
2 341
-
2 597
-
pensions
3 034
-
3 145
-
total
6 139
-
6 534
-
Employer
26 825
-
27 814
-
other
926
-
960
-
social contributions
80
-
84
-
unemployment
1 087
-
1 126
-
pensions
4 408
-
4 569
-
health
1 877
-
1 947
-
total
8 378
-
8 686
-
Corporate
1 297
36 500
-
-
surtax
-
-
-
-
income
363
10 220
-
-
total
363
10 220
-
-
Dividends
934
26 280
-
-
surtax
-
-
-
-
social contributions
161
4 521
-
-
withholding
119
3 364
-
-
total
280
7 885
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 160
18 105
15 220
15 300
After tax
21 340
18 395
21 280
21 200
Living cost
20 686
20 686
20 686
20 686
Free-cash
654
-2 291
594
514

Estimated living cost  is ₴20686 per week

₴14000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴19976
₴18537
₴15148
₴16171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
448
social contributions
-
-
-
8 030
total
-
-
-
8 478
Employee
13 769
-
31 601
-
income
-
-
502
-
social contributions
895
-
2 054
-
total
895
-
2 556
-
Employer
13 769
-
31 601
-
social contributions
2 134
-
4 899
-
total
2 134
-
4 899
-
Corporate
20 597
36 500
-
-
income
2 060
3 650
-
-
total
2 060
3 650
-
-
Dividends
18 537
32 850
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
5 089
3 650
7 455
8 478
After tax
31 411
32 850
29 045
28 022
Living cost
12 874
12 874
12 874
12 874
Free-cash
18 537
19 976
16 171
15 148

Estimated living cost  is ₴12874 per week

₴8324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴56855
-₴56855
₴2293
-₴56855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
municipal
-
-
-
6 537
pensions
-
-
-
371
national
-
-
-
3 774
labour market
-
-
-
2 890
total
-
-
-
13 572
Employee
87 097
87 097
87 097
-
labour market
6 958
6 958
6 958
-
national
10 640
10 640
10 640
-
municipal
18 547
18 547
18 547
-
pensions
124
124
124
-
total
36 269
36 269
36 269
-
Employer
87 097
87 097
87 097
-
labour market
6 968
6 968
6 968
-
municipal
18 576
18 576
18 576
-
pensions
248
248
248
-
national
10 659
10 659
10 659
-
total
36 451
36 451
36 451
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
36 500
36 500
36 500
36 500
Total tax
72 720
72 720
72 720
13 572
After tax
-36 220
-36 220
-36 220
22 928
Living cost
20 635
20 635
20 635
20 635
Free-cash
-56 855
-56 855
-56 855
2 293

Estimated living cost  is ₴20635 per week

₴14123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6272
₴1541
₴15860
₴9246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108
income
-
-
-
8 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
11 411
Employee
14 518
-
30 550
-
health
1 662
-
3 498
-
income
1 992
-
5 330
-
pensions
1 635
-
3 248
-
total
5 289
-
12 076
-
Employer
14 518
-
30 550
-
accident
242
-
510
-
unemployment
356
-
748
-
pensions
2 361
-
4 691
-
total
2 959
-
5 949
-
Corporate
19 023
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.

17 121
32 850
-
-
total
17 121
32 850
-
-
Dividends
1 902
3 650
-
-
withholding
361
693
-
-
total
361
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
25 730
33 543
18 025
11 411
After tax
10 770
2 957
18 475
25 089
Living cost
9 229
9 229
9 229
9 229
Free-cash
1 541
-6 272
9 246
15 860

Estimated living cost  is ₴9229 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴8309
₴6724
₴10184
₴4878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
municipal
-
-
-
6 501
health
-
-
-
384
national
-
-
-
2 988
total
-
-
-
9 873
Employee
22 533
-
30 705
-
health
168
-
294
-
municipal
3 691
-
5 018
-
pensions
1 521
-
2 073
-
unemployment
338
-
461
-
national
372
-
1 537
-
total
6 090
-
9 383
-
Employer
22 533
-
30 705
-
accident
23
-
31
-
unemployment
146
-
200
-
pensions
3 909
-
5 328
-
health
173
-
237
-
total
4 251
-
5 796
-
Corporate
9 715
36 500
-
-
income
1 943
7 300
-
-
total
1 943
7 300
-
-
Dividends

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

5 829
21 900
-
-
national
-
506
-
-
municipal
1 049
3 942
-
-
total
1 049
4 448
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 333
11 748
15 179
9 873
After tax
23 167
24 752
21 321
26 627
Living cost
16 443
16 443
16 443
16 443
Free-cash
6 724
8 309
4 878
10 184

Estimated living cost  is ₴16443 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
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.
₴3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴16838
₴14508
₴16840
₴16805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 119
health
-
-
-
931
social contributions
-
-
-
5 694
total
-
-
-
9 744
Employee
32 933
32 933
33 137
-
social contributions
1 245
2 733
2 750
-
health
255
560
563
-
income
3 586
3 049
3 103
-
total
5 086
6 342
6 416
-
Employer
32 933
32 933
33 137
-
social contributions
1 245
2 733
2 750
-
health
277
610
613
-
total
1 522
3 343
3 363
-
Corporate
19 975
224
-
-
income
2 497
28
-
-
total
2 497
28
-
-
Dividends
17 479
196
-
-
withholding
2 971
33
-
-
total
2 971
33
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 076
9 746
9 779
9 744
After tax
24 424
26 754
26 721
26 756
Living cost
9 916
9 916
9 916
9 916
Free-cash
14 508
16 838
16 805
16 840

Estimated living cost  is ₴9916 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴23426
₴21247
₴22022
₴15733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 392
pensions
-
-
-
2 724
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
7 678
Employee

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

9 831
-
33 091
-
health
836
-
2 813
-
income
672
-
2 615
-
pensions
1 474
-
4 964
-
unemployment
49
-
166
-
total
3 031
-
10 558
-
Employer

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

9 831
-
33 091
-
unemployment
49
-
166
-
pensions
540
-
1 820
-
health
423
-
1 423
-
total
1 012
-
3 409
-
Corporate
25 657
36 500
-
-
income
2 309
3 285
-
-
total
2 309
3 285
-
-
Dividends
23 348
33 215
-
-
withholding
2 101
2 989
-
-
total
2 101
2 989
-
-
Income
36 500
36 500
36 500
36 500
Total tax
8 453
6 274
13 967
7 678
After tax
28 047
30 226
22 533
28 822
Living cost
6 800
6 800
6 800
6 800
Free-cash
21 247
23 426
15 733
22 022

Estimated living cost  is ₴6800 per week

₴4339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴12830
₴10586
₴7600
₴7859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
328
income
-
-
-
6 174
pensions
-
-
-
10 329
other
-
-
-
37
unemployment
-
-
-
255
total
-
-
-
17 123
Employee
15 836
-
27 677
-
other
15
-
28
-
income
3 053
-
6 285
-
pensions
744
-
1 300
-
unemployment
245
-
429
-
total
4 057
-
8 042
-
Employer
15 836
-
27 677
-
accident
314
-
548
-
other
127
-
221
-
unemployment
871
-
1 522
-
pensions
3 737
-
6 531
-
total
5 049
-
8 822
-
Corporate
15 615
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.

2 342
5 475
-
-
total
2 342
5 475
-
-
Dividends
13 272
31 025
-
-
withholding
2 689
6 418
-
-
total
2 689
6 418
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 137
11 893
16 864
17 123
After tax
22 363
24 607
19 636
19 377
Living cost
11 777
11 777
11 777
11 777
Free-cash
10 586
12 830
7 859
7 600

Estimated living cost  is ₴11777 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
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.
₴2489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21606
₴21413
₴21868
₴21786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 990
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
13 462
Employee
1 782
-
35 540
-
health
89
-
213
-
income
345
-
11 945
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
12 585
-
Employer
1 782
-
35 540
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
34 317
36 500
-
-
income
7 550
8 030
-
-
total
7 550
8 030
-
-
Dividends
26 768
28 470
-
-
withholding
5 354
5 694
-
-
total
5 354
5 694
-
-
Income
36 500
36 500
36 500
36 500
Total tax
13 917
13 724
13 544
13 462
After tax
22 583
22 776
22 956
23 038
Living cost
1 170
1 170
1 170
1 170
Free-cash
21 413
21 606
21 786
21 868

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴18963
₴16855
₴11135
₴11308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 991
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
17 957
Employee

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

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

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

11 170
-
30 958
-
health
575
-
1 594
-
income
1 540
-
6 083
-
pensions
1 564
-
4 334
-
unemployment
84
-
232
-
total
3 763
-
12 243
-
Employer

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

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

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

11 170
-
30 958
-
unemployment
84
-
232
-
pensions
1 340
-
3 715
-
health
575
-
1 594
-
total
1 999
-
5 541
-
Corporate
23 330
36 500
-
-
income
3 500
5 475
-
-
total
3 500
5 475
-
-
Dividends
19 831
31 025
-
-
withholding
2 975
4 654
-
-
total
2 975
4 654
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 237
10 129
17 784
17 957
After tax
24 263
26 371
18 716
18 543
Living cost
7 408
7 408
7 408
7 408
Free-cash
16 855
18 963
11 308
11 135

Estimated living cost  is ₴7408 per week

₴4988
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.
₴214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9215
₴9061
₴9051
₴7436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 219
surtax
-
-
-
-
social contributions

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

-
-
-
12 684
total
-
-
-
15 903
Employee
16 623
-
29 495
-
social contributions
1 829
-
3 245
-
surtax
-
-
-
-
income
3 248
-
7 268
-
total
5 077
-
10 513
-
Employer
16 623
-
29 495
-
social contributions
3 948
-
7 005
-
total
3 948
-
7 005
-
Corporate
15 930
36 500
-
-
surtax
-
-
-
-
income
3 345
7 665
-
-
total
3 345
7 665
-
-
Dividends
12 584
28 835
-
-
withholding
3 523
8 074
-
-
total
3 523
8 074
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 893
15 739
17 518
15 903
After tax
20 607
20 761
18 982
20 597
Living cost
11 546
11 546
11 546
11 546
Free-cash
9 061
9 215
7 436
9 051

Estimated living cost  is ₴11546 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
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.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴9555
₴6290
₴4325
₴4584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
328
income
-
-
-
6 174
pensions
-
-
-
10 329
other
-
-
-
37
unemployment
-
-
-
255
total
-
-
-
17 123
Employee
20 684
-
27 677
-
other
20
-
28
-
income
4 320
-
6 285
-
pensions
972
-
1 300
-
unemployment
320
-
429
-
total
5 632
-
8 042
-
Employer
20 684
-
27 677
-
accident
410
-
548
-
other
166
-
221
-
unemployment
1 138
-
1 522
-
pensions
4 881
-
6 531
-
total
6 595
-
8 822
-
Corporate
9 221
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.

1 383
5 475
-
-
total
1 383
5 475
-
-
Dividends
7 838
31 025
-
-
withholding
1 548
6 418
-
-
total
1 548
6 418
-
-
Income
36 500
36 500
36 500
36 500
Total tax
15 158
11 893
16 864
17 123
After tax
21 342
24 607
19 636
19 377
Living cost
15 052
15 052
15 052
15 052
Free-cash
6 290
9 555
4 584
4 325

Estimated living cost  is ₴15052 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴23835
₴21224
₴19655
₴20666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
9 473
Employee
9 762
-
33 563
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
3 356
-
pensions

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

857
-
1 314
-
total
2 389
-
5 524
-
Employer
9 762
-
33 563
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
24 822
36 500
-
-
income
2 482
3 650
-
-
total
2 482
3 650
-
-
Dividends
22 340
32 850
-
-
withholding
1 117
1 643
-
-
total
1 117
1 643
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 904
5 293
8 462
9 473
After tax
28 596
31 207
28 038
27 027
Living cost
7 372
7 372
7 372
7 372
Free-cash
21 224
23 835
20 666
19 655

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2314
₴7916
₴7740
₴10121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
36 500
trade
-
-
-
2 381
income

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

-
-
-
6 557
health

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

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

-
-
-
2 926
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.

-
-
-
361
total
-
-
-
12 225
Employee

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

21 310
-
36 500
-
health

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

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

2 926
-
2 926
-
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.

97
-
361
-
income

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

1 752
-
6 557
-
total
4 775
-
9 844
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 190
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.

125
301
-
-
income
2 278
5 475
-
-
trade
2 180
5 237
-
-
chamber of commerce
87
119
-
-
total
4 670
11 132
-
-
Dividends
10 520
25 368
-
-
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.

136
340
-
-
withholding
2 468
6 179
-
-
total
2 604
6 519
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 049
17 651
9 844
12 225
After tax
24 451
18 849
26 656
24 275
Living cost
16 535
16 535
16 535
16 535
Free-cash
7 916
2 314
10 121
7 740

Estimated living cost  is ₴16535 per week

₴11406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
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.
₴3110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1153
₴2098
₴1470
₴1470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 520
social contributions
-
-
-
3 113
total
-
-
-
10 633
Employee
33 502
-
36 500
-
income
6 322
-
7 520
-
social contributions
2 783
-
3 113
-
total
9 105
-
10 633
-
Employer
33 502
-
36 500
-
total
-
-
-
-
Corporate
2 998
36 500
-
-
income
375
4 563
-
-
total
375
4 563
-
-
Dividends
2 624
31 937
-
-
withholding
525
6 387
-
-
total
525
6 387
-
-
Income
36 500
36 500
36 500
36 500
Total tax
10 005
10 950
10 633
10 633
After tax
26 495
25 550
25 867
25 867
Living cost
24 397
24 397
24 397
24 397
Free-cash
2 098
1 153
1 470
1 470

Estimated living cost  is ₴24397 per week

₴18561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
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.
₴3615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴5915
₴8222
₴5901
₴11161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 191
health

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

-
-
-
2 861
total
-
-
-
15 052
Employee
19 647
-
34 530
-
income
2 132
-
5 852
-
social contributions
1 969
-
1 970
-
total
4 101
-
7 822
-
Employer
19 647
-
34 530
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
14 884
36 500
-
-
income
5 210
12 775
-
-
total
5 210
12 775
-
-
Dividends
9 674
23 725
-
-
social contributions
1 451
2 263
-
-
total
1 451
2 263
-
-
Income
36 500
36 500
36 500
36 500
Total tax
12 731
15 038
9 792
15 052
After tax
23 769
21 462
26 708
21 448
Living cost
15 547
15 547
15 547
15 547
Free-cash
8 222
5 915
11 161
5 901

Estimated living cost  is ₴15547 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴11383
₴8959
₴11182
₴7107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 786
pensions
-
-
-
2 568
total
-
-
-
9 354
Employee
21 912
-
32 247
-
health
286
-
498
-
income
3 990
-
5 767
-
pensions
1 672
-
2 913
-
total
5 948
-
9 178
-
Employer
21 912
-
32 247
-
pensions
2 214
-
3 639
-
health
416
-
612
-
total
2 630
-
4 251
-
Corporate
11 957
36 500
-
-
income

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

2 272
6 935
-
-
total
2 272
6 935
-
-
Dividends
9 686
29 565
-
-
withholding
727
2 218
-
-
total
727
2 218
-
-
Income
36 500
36 500
36 500
36 500
Total tax
11 577
9 153
13 429
9 354
After tax
24 923
27 347
23 071
27 146
Living cost
15 964
15 964
15 964
15 964
Free-cash
8 959
11 383
7 107
11 182

Estimated living cost  is ₴15964 per week

₴10951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴7186
₴1400
₴14946
₴8332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108
income
-
-
-
8 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
11 411
Employee
15 955
-
30 550
-
health
1 827
-
3 498
-
income
2 189
-
5 330
-
pensions
1 797
-
3 248
-
total
5 813
-
12 076
-
Employer
15 955
-
30 550
-
accident
266
-
510
-
unemployment
391
-
748
-
pensions
2 594
-
4 691
-
total
3 251
-
5 949
-
Corporate
17 293
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.

15 564
32 850
-
-
total
15 564
32 850
-
-
Dividends
1 729
3 650
-
-
withholding
329
693
-
-
total
329
693
-
-
Income
36 500
36 500
36 500
36 500
Total tax
24 957
33 543
18 025
11 411
After tax
11 543
2 957
18 475
25 089
Living cost
10 143
10 143
10 143
10 143
Free-cash
1 400
-7 186
8 332
14 946

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25240
₴23157
₴15248
₴15868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
183
health insurance
-
-
-
2 701
income
-
-
-
5 429
pensions
-
-
-
6 716
unemployment
-
-
-
438
total
-
-
-
15 467
Employee

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

9 257
-
36 500
-
work injury
46
-
171
-
income
926
-
5 429
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
14 847
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 243
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
27 243
36 500
-
-
withholding
4 087
5 475
-
-
total
4 087
5 475
-
-
Income
36 500
36 500
36 500
36 500
Total tax
7 558
5 475
14 847
15 467
After tax
28 942
31 025
21 653
21 033
Living cost
5 785
5 785
5 785
5 785
Free-cash
23 157
25 240
15 868
15 248

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴2163
₴216
₴1823
₴155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 500
municipal
-
-
-
244
regional
-
-
-
671
national
-
-
-
7 312
social contributions
-
-
-
9 388
total
-
-
-
17 615
Employee
36 090
-
36 500
-
social contributions
12 169
-
12 308
-
regional
545
-
555
-
municipal
215
-
218
-
national
6 099
-
6 202
-
total
19 028
-
19 283
-
Employer
36 090
-
36 500
-
total
-
-
-
-
Corporate
410
36 500
-
-
nationa
98
8 760
-
-
municipal
20
1 760
-
-
total
118
10 520
-
-
Dividends
292
25 980
-
-
withholding
76
6 755
-
-
total
76
6 755
-
-
Income
36 500
36 500
36 500
36 500
Total tax
19 222
17 275
19 283
17 615
After tax
17 278
19 225
17 217
18 885
Living cost
17 062
17 062
17 062
17 062
Free-cash
216
2 163
155
1 823

Estimated living cost  is ₴17062 per week

₴11985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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