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
₴ 37000
per

Your estimated
City
free-cash

Valencia , Spain
₴14971
₴10681
₴12117
₴16512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
unemployment
-
-
-
197
income
-
-
-
8 089
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 965
total
-
-
-
16 533
Employee
11 228
-
28 056
-
unemployment
174
-
435
-
pensions
528
-
1 318
-
income
2 165
-
7 244
-
other
11
-
28
-
total
2 878
-
9 025
-
Employer
11 228
-
28 056
-
pensions
2 650
-
6 621
-
accident
222
-
556
-
unemployment
618
-
1 543
-
other
90
-
224
-
total
3 580
-
8 944
-
Corporate
22 192
37 000
-
-
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.

3 329
5 550
-
-
total
3 329
5 550
-
-
Dividends
18 863
31 450
-
-
withholding
3 892
6 588
-
-
total
3 892
6 588
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 679
12 138
17 969
16 533
After tax
23 321
24 862
19 031
20 467
Living cost
8 350
8 350
8 350
8 350
Free-cash
14 971
16 512
10 681
12 117

Estimated living cost  is ₴8350 per week

₴5636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴17043
₴13274
₴11744
₴19093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
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.

-
-
-
8 880
income
-
-
-
4 899
other
-
-
-
1 758
health
-
-
-
1 628
total
-
-
-
17 165
Employee
11 026
-
29 552
-
health
154
-
414
-
unemployment
110
-
296
-
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.

772
-
2 068
-
income
1 898
-
5 409
-
total
2 934
-
8 187
-
Employer
11 026
-
29 552
-
health
154
-
414
-
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.

1 875
-
5 024
-
accident
88
-
236
-
unemployment
110
-
296
-
other
551
-
1 478
-
total
2 778
-
7 448
-
Corporate
23 196
37 000
-
-
income
4 871
7 770
-
-
total
4 871
7 770
-
-
Dividends
18 324
29 230
-
-
withholding
1 283
2 046
-
-
total
1 283
2 046
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 866
9 816
15 635
17 165
After tax
25 134
27 184
21 365
19 835
Living cost
8 091
8 091
8 091
8 091
Free-cash
17 043
19 093
13 274
11 744

Estimated living cost  is ₴8091 per week

₴5717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴26240
₴25905
₴24633
₴27651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
5 550
health
-
-
-
1 220
total
-
-
-
8 383
Employee
5 275
-
34 918
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
3 492
-
total
1 291
-
5 029
-
Employer
5 275
-
34 918
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
30 690
37 000
-
-
income
3 069
3 700
-
-
total
3 069
3 700
-
-
Dividends
27 621
33 300
-
-
withholding
1 381
1 665
-
-
total
1 381
1 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
6 776
5 365
7 111
8 383
After tax
30 224
31 635
29 889
28 617
Living cost
3 984
3 984
3 984
3 984
Free-cash
26 240
27 651
25 905
24 633

Estimated living cost  is ₴3984 per week

₴2326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
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.
₴1268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴10053
₴11779
₴10729
₴8259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
4 462
other
-
-
-
1 147
health
-
-
-
1 050
social contributions
-
-
-
1 054
pensions
-
-
-
8 169
surtax
-
-
-
-
total
-
-
-
15 882
Employee
12 996
-
29 565
-
pensions
1 469
-
1 658
-
income
767
-
4 896
-
social contributions
371
-
842
-
surtax
-
-
-
-
total
2 607
-
7 396
-
Employer
12 996
-
29 565
-
health
910
-
2 266
-
social contributions
39
-
89
-
pensions
2 135
-
2 864
-
unemployment
526
-
1 197
-
other
448
-
1 020
-
total
4 058
-
7 436
-
Corporate
19 945
37 000
-
-
income
5 585
10 360
-
-
surtax
-
-
-
-
total
5 585
10 360
-
-
Dividends
14 360
26 640
-
-
social contributions
2 470
4 582
-
-
surtax
-
-
-
-
withholding
1 838
3 410
-
-
total
4 308
7 992
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 558
18 352
14 832
15 882
After tax
20 442
18 648
22 168
21 118
Living cost
10 389
10 389
10 389
10 389
Free-cash
10 053
8 259
11 779
10 729

Estimated living cost  is ₴10389 per week

₴6551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴3490
₴7260
₴8514
₴5350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
pensions
-
-
-
3 558
income
-
-
-
8 462
health
-
-
-
3 745
total
-
-
-
15 765
Employee
25 932
25 932
31 487
-
health
3 980
3 386
3 702
-
pensions
4 668
3 558
3 558
-
income

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

4 245
4 245
4 245
-
total
12 893
11 189
11 505
-
Employer
25 932
25 932
31 487
-
health
1 803
1 803
2 188
-
pensions
1 805
1 805
2 192
-
unemployment
934
934
1 134
-
total
4 542
4 542
5 514
-
Corporate
6 845
6 527
-
-
income
1 369
1 305
-
-
total
1 369
1 305
-
-
Dividends
5 476
5 222
-
-
income
1 164
1 110
-
-
withholding
821
783
-
-
total
1 985
1 893
-
-
Income
37 000
37 000
37 000
37 000
Total tax
20 789
18 929
17 019
15 765
After tax
16 211
18 071
19 981
21 235
Living cost
12 721
12 721
12 721
12 721
Free-cash
3 490
5 350
7 260
8 514

Estimated living cost  is ₴12721 per week

₴9015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1147
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.
₴2357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴12849
₴15590
₴11986
₴9490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
trade
-
-
-
3 604
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.

-
-
-
9 609
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.

-
-
-
2 075
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.

-
-
-
528
total
-
-
-
15 816
Employee

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

11 615
-
37 000
-
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.

2 075
-
2 075
-
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.

324
-
9 609
-
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.

18
-
528
-
total
2 417
-
12 212
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 385
37 000
-
-
income
3 808
5 550
-
-
trade
3 998
5 828
-
-
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.

209
305
-
-
chamber of commerce
82
99
-
-
total
8 097
11 782
-
-
Dividends
17 288
25 218
-
-
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.

232
341
-
-
withholding
4 207
6 189
-
-
total
4 439
6 530
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 953
18 312
12 212
15 816
After tax
22 047
18 688
24 788
21 184
Living cost
9 198
9 198
9 198
9 198
Free-cash
12 849
9 490
15 590
11 986

Estimated living cost  is ₴9198 per week

₴5786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Larnaca , Cyprus
₴18362
₴18513
₴18913
₴20014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 200
health
-
-
-
943
social contributions
-
-
-
4 913
total
-
-
-
11 056
Employee
23 350
23 350
33 761
-
health
181
397
574
-
income
2 542
2 162
5 029
-
social contributions
883
1 938
2 614
-
total
3 606
4 497
8 217
-
Employer
23 350
23 350
33 761
-
health
197
432
625
-
social contributions
883
1 938
2 614
-
total
1 080
2 370
3 239
-
Corporate
25 284
11 280
-
-
income
3 160
1 410
-
-
total
3 160
1 410
-
-
Dividends
22 124
9 869
-
-
withholding
3 761
1 678
-
-
total
3 761
1 678
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 607
9 955
11 456
11 056
After tax
25 393
27 045
25 544
25 944
Living cost
7 031
7 031
7 031
7 031
Free-cash
18 362
20 014
18 513
18 913

Estimated living cost  is ₴7031 per week

₴4214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴11216
₴8543
₴10840
₴11520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
3 777
social contributions

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

-
-
-
12 858
surtax
-
-
-
-
total
-
-
-
16 635
Employee
13 966
-
29 899
-
income
2 905
-
8 542
-
social contributions
1 536
-
3 289
-
surtax
-
-
-
-
total
4 441
-
11 831
-
Employer
13 966
-
29 899
-
social contributions
3 317
-
7 101
-
total
3 317
-
7 101
-
Corporate
19 717
37 000
-
-
income
4 140
7 770
-
-
surtax
-
-
-
-
total
4 140
7 770
-
-
Dividends
15 576
29 230
-
-
withholding
4 361
8 185
-
-
total
4 361
8 185
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 259
15 955
18 932
16 635
After tax
20 741
21 045
18 068
20 365
Living cost
9 525
9 525
9 525
9 525
Free-cash
11 216
11 520
8 543
10 840

Estimated living cost  is ₴9525 per week

₴7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴32460
₴27334
₴34364
₴32884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
37 000
microenterprise

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

-
-
-
370
total
-
-
-
370
Employee
2 832
-
37 000
-
income
566
-
7 400
-
total
566
-
7 400
-
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%.

34 168
37 000
-
-
total
-
-
-
-
Dividends
34 168
37 000
-
-
withholding
1 708
1 850
-
-
total
1 708
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
2 274
1 850
7 400
370
After tax
34 726
35 150
29 600
36 630
Living cost
2 266
2 266
2 266
2 266
Free-cash
32 460
32 884
27 334
34 364

Estimated living cost  is ₴2266 per week

₴1404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Ljubljana , Slovenia
₴14790
₴9648
₴10707
₴17330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
pensions
-
-
-
6 757
unemployment
-
-
-
55
income
-
-
-
7 695
health
-
-
-
3 641
total
-
-
-
18 148
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.

13 428
-
32 015
-
health
867
-
2 068
-
unemployment
19
-
45
-
pensions
2 081
-
4 962
-
income
2 316
-
7 148
-
total
5 283
-
14 223
-
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.

13 428
-
32 015
-
health
894
-
2 132
-
pensions
1 188
-
2 833
-
unemployment
8
-
19
-
total
2 090
-
4 984
-
Corporate
21 481
37 000
-
-
income
4 082
7 030
-
-
total
4 082
7 030
-
-
Dividends
17 400
29 970
-
-
withholding
2 610
4 495
-
-
total
2 610
4 495
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 065
11 525
19 207
18 148
After tax
22 935
25 475
17 793
18 852
Living cost
8 145
8 145
8 145
8 145
Free-cash
14 790
17 330
9 648
10 707

Estimated living cost  is ₴8145 per week

₴5590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴12483
₴16253
₴15394
₴11423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
8 644
health

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

-
-
-
1 939
total
-
-
-
10 583
Employee
13 930
-
35 603
-
social contributions
1 396
-
1 397
-
income
1 512
-
6 930
-
total
2 908
-
8 327
-
Employer
13 930
-
35 603
-
social contributions
1 396
-
1 397
-
total
1 396
-
1 397
-
Corporate
21 674
37 000
-
-
income
7 586
12 950
-
-
total
7 586
12 950
-
-
Dividends
14 088
24 050
-
-
social contributions
1 604
1 604
-
-
total
1 604
1 604
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 494
14 554
9 724
10 583
After tax
23 506
22 446
27 276
26 417
Living cost
11 023
11 023
11 023
11 023
Free-cash
12 483
11 423
16 253
15 394

Estimated living cost  is ₴11023 per week

₴7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴16292
₴17043
₴17322
₴16133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 550
health
-
-
-
2 583
social contributions
-
-
-
5 106
total
-
-
-
13 239
Employee
10 296
-
37 000
-
health
719
-
2 583
-
income
1 717
-
5 829
-
social contributions
1 421
-
5 106
-
total
3 857
-
13 518
-
Employer
10 296
-
37 000
-
total
-
-
-
-
Corporate
26 704
37 000
-
-
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%.

1 335
1 850
-
-
total
1 335
1 850
-
-
Dividends
25 369
35 150
-
-
social contributions
3 501
4 851
-
-
withholding
3 805
5 273
-
-
health
1 771
2 454
-
-
total
9 077
12 578
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 269
14 428
13 518
13 239
After tax
22 731
22 572
23 482
23 761
Living cost
6 439
6 439
6 439
6 439
Free-cash
16 292
16 133
17 043
17 322

Estimated living cost  is ₴6439 per week

₴4309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴13946
₴10279
₴10274
₴16978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
3 312
health
-
-
-
4 995
social contributions
-
-
-
9 922
solidarity contribution
-
-
-
-
total
-
-
-
18 229
Employee
12 495
-
27 612
-
health
1 687
-
3 728
-
solidarity contribution
-
-
-
-
income
1 499
-
3 313
-
social contributions
812
-
1 795
-
total
3 998
-
8 836
-
Employer
12 495
-
27 612
-
health
1 125
-
2 485
-
social contributions
3 124
-
6 903
-
total
4 249
-
9 388
-
Corporate
20 257
37 000
-
-
income
3 849
7 030
-
-
total
3 849
7 030
-
-
Dividends
16 408
29 970
-
-
withholding
2 461
4 495
-
-
total
2 461
4 495
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 557
11 525
18 224
18 229
After tax
22 443
25 475
18 776
18 771
Living cost
8 497
8 497
8 497
8 497
Free-cash
13 946
16 978
10 279
10 274

Estimated living cost  is ₴8497 per week

₴6319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴30957
₴26069
₴33099
₴31619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
37 000
microenterprise

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

-
-
-
370
total
-
-
-
370
Employee
4 414
-
37 000
-
income
883
-
7 400
-
total
883
-
7 400
-
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%.

32 586
37 000
-
-
total
-
-
-
-
Dividends
32 586
37 000
-
-
withholding
1 629
1 850
-
-
total
1 629
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
2 512
1 850
7 400
370
After tax
34 488
35 150
29 600
36 630
Living cost
3 531
3 531
3 531
3 531
Free-cash
30 957
31 619
26 069
33 099

Estimated living cost  is ₴3531 per week

₴2389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴118
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Paris , France
₴6069
₴7501
₴6451
₴3981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
4 462
other
-
-
-
1 147
health
-
-
-
1 050
social contributions
-
-
-
1 054
pensions
-
-
-
8 169
surtax
-
-
-
-
total
-
-
-
15 882
Employee
19 019
-
29 565
-
pensions
2 151
-
1 658
-
income
1 659
-
4 896
-
social contributions
542
-
842
-
surtax
-
-
-
-
total
4 352
-
7 396
-
Employer
19 019
-
29 565
-
health
1 331
-
2 266
-
social contributions
57
-
89
-
pensions
3 125
-
2 864
-
unemployment
770
-
1 197
-
other
656
-
1 020
-
total
5 939
-
7 436
-
Corporate
12 041
37 000
-
-
income
3 372
10 360
-
-
surtax
-
-
-
-
total
3 372
10 360
-
-
Dividends
8 669
26 640
-
-
social contributions
1 491
4 582
-
-
surtax
-
-
-
-
withholding
1 110
3 410
-
-
total
2 601
7 992
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 264
18 352
14 832
15 882
After tax
20 736
18 648
22 168
21 118
Living cost
14 667
14 667
14 667
14 667
Free-cash
6 069
3 981
7 501
6 451

Estimated living cost  is ₴14667 per week

₴9926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1200
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.
₴3339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴20014
₴15332
₴15333
₴21501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
pensions
-
-
-
5 812
unemployment
-
-
-
335
income
-
-
-
7 987
health
-
-
-
2 302
total
-
-
-
16 436
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.

7 888
-
32 999
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 130
-
income
1 087
-
7 987
-
total
2 656
-
12 436
-
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.

7 888
-
32 999
-
health
406
-
1 151
-
pensions
947
-
2 682
-
unemployment
59
-
168
-
total
1 412
-
4 001
-
Corporate
27 700
37 000
-
-
income
4 155
5 550
-
-
total
4 155
5 550
-
-
Dividends
23 545
31 450
-
-
withholding
3 532
4 718
-
-
total
3 532
4 718
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 755
10 268
16 437
16 436
After tax
25 245
26 732
20 563
20 564
Living cost
5 231
5 231
5 231
5 231
Free-cash
20 014
21 501
15 332
15 333

Estimated living cost  is ₴5231 per week

₴3522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴4984
₴7752
₴9552
-₴3941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
pensions
-
-
-
3 404
city
-
-
-
390
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.

-
-
-
740
health
-
-
-
83
regional
-
-
-
1 564
national
-
-
-
407
total
-
-
-
6 588
Employee
24 411
-
33 117
-
health
55
-
74
-
unemployment
-
-
-
-
city
262
-
356
-
pensions
2 051
-
2 782
-
regional
799
-
1 336
-
national
116
-
322
-
total
3 283
-
4 870
-
Employer
24 411
-
33 117
-
health
55
-
74
-
pensions
2 051
-
2 782
-
unemployment
-
-
-
-
other

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

488
-
662
-
total
2 594
-
3 518
-
Corporate
9 726
37 000
-
-
regional
2 057
7 825
-
-
national
827
3 145
-
-
total
2 884
10 970
-
-
Dividends
6 842
26 030
-
-
withholding
2 395
9 111
-
-
total
2 395
9 111
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 156
20 081
8 388
6 588
After tax
25 844
16 919
28 612
30 412
Living cost
20 860
20 860
20 860
20 860
Free-cash
4 984
-3 941
7 752
9 552

Estimated living cost  is ₴20860 per week

₴13565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Helsinki , Finland
₴12422
₴8800
₴13873
₴12437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
37 000
municipal
-
-
-
6 580
health
-
-
-
443
national
-
-
-
4 446
total
-
-
-
11 469
Employee
15 976
-
31 126
-
health
119
-
353
-
unemployment
240
-
467
-
pensions
1 078
-
2 101
-
national
264
-
2 671
-
municipal
2 617
-
5 077
-
total
4 318
-
10 669
-
Employer
15 976
-
31 126
-
health
123
-
240
-
pensions
2 772
-
5 400
-
accident
16
-
31
-
unemployment
104
-
202
-
total
3 015
-
5 873
-
Corporate
18 009
37 000
-
-
income
3 602
7 400
-
-
total
3 602
7 400
-
-
Dividends

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

10 806
22 200
-
-
municipal
1 945
3 996
-
-
national
40
1 509
-
-
total
1 985
5 505
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 920
12 905
16 542
11 469
After tax
24 080
24 095
20 458
25 531
Living cost
11 658
11 658
11 658
11 658
Free-cash
12 422
12 437
8 800
13 873

Estimated living cost  is ₴11658 per week

₴7615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Brussels , Belgium
₴5100
₴2875
₴5595
₴9655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
communal

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

-
-
-
1 866
social contributions
-
-
-
5 906
national
-
-
-
12 561
total
-
-
-
20 333
Employee

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

21 721
-
28 657
-
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.

1 021
-
1 347
-
communal

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

1 133
-
1 495
-
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.

189
-
250
-
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.

1 629
-
2 149
-
national
6 678
-
9 470
-
total
10 650
-
14 711
-
Employer

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

21 721
-
28 657
-
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.

1 336
-
1 763
-
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.

1 925
-
2 539
-
surtax
2 463
-
3 250
-
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.

282
-
372
-
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.

317
-
418
-
total
6 323
-
8 342
-
Corporate
8 956
37 000
-
-
income
1 791
7 400
-
-
surtax
36
148
-
-
total
1 827
7 548
-
-
Dividends
7 129
29 452
-
-
withholding

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

2 028
8 725
-
-
total
2 028
8 725
-
-
Income
37 000
37 000
37 000
37 000
Total tax
20 828
16 273
23 053
20 333
After tax
16 172
20 727
13 947
16 667
Living cost
11 072
11 072
11 072
11 072
Free-cash
5 100
9 655
2 875
5 595

Estimated living cost  is ₴11072 per week

₴7132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
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.
₴2799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴6815
₴6454
₴6720
₴7109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
unemployment
-
-
-
29
municipal
-
-
-
8 555
other
-
-
-
3 334
health
-
-
-
1 791
national
-
-
-
319
accident
-
-
-
57
pensions
-
-
-
3 102
total
-
-
-
17 187
Employee
18 656
-
28 154
-
national
-
-
212
-
municipal
5 563
-
8 396
-
total
5 563
-
8 608
-
Employer
18 656
-
28 154
-
health
1 147
-
1 732
-
pensions
2 017
-
3 043
-
accident
37
-
56
-
unemployment
493
-
743
-
other
2 168
-
3 271
-
total
5 862
-
8 845
-
Corporate
12 482
37 000
-
-
income
2 746
8 140
-
-
total
2 746
8 140
-
-
Dividends
9 736
28 860
-
-
withholding
2 921
8 658
-
-
total
2 921
8 658
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 092
16 798
17 453
17 187
After tax
19 908
20 202
19 547
19 813
Living cost
13 093
13 093
13 093
13 093
Free-cash
6 815
7 109
6 454
6 720

Estimated living cost  is ₴13093 per week

₴8677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴12879
₴18165
₴11136
₴8077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
7 212
social contributions
-
-
-
4 218
total
-
-
-
11 430
Employee
20 697
-
-
-
income
4 565
-
-
-
social contributions
1 697
-
242
-
total
6 262
-
242
-
Employer
20 697
-
-
-
social contributions
29 183
-
4 159
-
total
29 183
-
4 159
-
Corporate
-
37 000
-
-
income
-
8 140
-
-
total
-
8 140
-
-
Dividends
-
28 860
-
-
income
-
6 349
-
-
total
-
6 349
-
-
Income
37 000
37 000
37 000
37 000
Total tax
35 445
14 489
4 401
11 430
After tax
1 555
22 511
32 599
25 570
Living cost
14 434
14 434
14 434
14 434
Free-cash
-12 879
8 077
18 165
11 136

Estimated living cost  is ₴14434 per week

₴9366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
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.
₴3527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴15937
₴15695
₴16095
₴17196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 200
health
-
-
-
943
social contributions
-
-
-
4 913
total
-
-
-
11 056
Employee
23 350
23 350
33 761
-
health
232
397
574
-
income
2 452
2 162
5 029
-
social contributions
1 135
1 938
2 614
-
total
3 819
4 497
8 217
-
Employer
23 350
23 350
33 761
-
health
253
432
625
-
social contributions
1 135
1 938
2 614
-
total
1 388
2 370
3 239
-
Corporate
21 944
11 280
-
-
income
2 743
1 410
-
-
total
2 743
1 410
-
-
Dividends
19 201
9 869
-
-
withholding
3 264
1 678
-
-
total
3 264
1 678
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 214
9 955
11 456
11 056
After tax
25 786
27 045
25 544
25 944
Living cost
9 849
9 849
9 849
9 849
Free-cash
15 937
17 196
15 695
16 095

Estimated living cost  is ₴9849 per week

₴6733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴15171
₴11310
₴14741
₴14906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
9 017
pensions
-
-
-
2 346
total
-
-
-
11 363
Employee
14 956
-
32 457
-
health
195
-
528
-
pensions
1 142
-
2 993
-
income
2 724
-
6 730
-
total
4 061
-
10 251
-
Employer
14 956
-
32 457
-
health
284
-
617
-
pensions
1 511
-
3 926
-
total
1 795
-
4 543
-
Corporate
20 249
37 000
-
-
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.

3 847
7 030
-
-
total
3 847
7 030
-
-
Dividends
16 401
29 970
-
-
withholding
1 230
4 168
-
-
total
1 230
4 168
-
-
Income
37 000
37 000
37 000
37 000
Total tax
10 933
11 198
14 794
11 363
After tax
26 067
25 802
22 206
25 637
Living cost
10 896
10 896
10 896
10 896
Free-cash
15 171
14 906
11 310
14 741

Estimated living cost  is ₴10896 per week

₴7474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Rome , Italy
₴6011
₴4323
₴6017
₴7391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
municipal
-
-
-
247
regional
-
-
-
800
social contributions
-
-
-
9 516
national
-
-
-
8 323
total
-
-
-
18 886
Employee
25 589
-
37 000
-
social contributions
8 628
-
12 477
-
regional
386
-
684
-
national
4 324
-
7 198
-
municipal
153
-
221
-
total
13 491
-
20 580
-
Employer
25 589
-
37 000
-
total
-
-
-
-
Corporate
11 411
37 000
-
-
nationa
2 739
8 880
-
-
municipal
550
1 784
-
-
total
3 289
10 664
-
-
Dividends
8 123
26 336
-
-
withholding
2 112
6 848
-
-
total
2 112
6 848
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 892
17 512
20 580
18 886
After tax
18 108
19 488
16 420
18 114
Living cost
12 097
12 097
12 097
12 097
Free-cash
6 011
7 391
4 323
6 017

Estimated living cost  is ₴12097 per week

₴8498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴1993
₴13000
₴18796
-₴3557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
pensions
-
-
-
1 239
income
-
-
-
9 576
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
11 650
Employee
10 309
-
32 384
-
health
1 180
-
3 708
-
pensions
1 161
-
2 273
-
income
1 414
-
6 849
-
total
3 755
-
12 830
-
Employer
10 309
-
32 384
-
pensions
1 676
-
3 282
-
accident
172
-
541
-
unemployment
253
-
793
-
total
2 101
-
4 616
-
Corporate
24 589
37 000
-
-
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.

22 130
33 300
-
-
total
22 130
33 300
-
-
Dividends
2 459
3 700
-
-
withholding
467
703
-
-
total
467
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
28 453
34 003
17 446
11 650
After tax
8 547
2 997
19 554
25 350
Living cost
6 554
6 554
6 554
6 554
Free-cash
1 993
-3 557
13 000
18 796

Estimated living cost  is ₴6554 per week

₴4803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Berlin , Germany
₴11318
₴13064
₴9780
₴7346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
trade
-
-
-
3 284
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.

-
-
-
9 609
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.

-
-
-
2 075
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.

-
-
-
528
total
-
-
-
15 496
Employee

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

15 109
-
37 000
-
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.

2 075
-
2 075
-
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.

1 242
-
9 609
-
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.

69
-
528
-
total
3 386
-
12 212
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 891
37 000
-
-
income
3 284
5 550
-
-
trade
3 141
5 310
-
-
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.

180
305
-
-
chamber of commerce
78
100
-
-
total
6 683
11 265
-
-
Dividends
15 207
25 735
-
-
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.

203
347
-
-
withholding
3 686
6 318
-
-
total
3 889
6 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 958
17 930
12 212
15 496
After tax
23 042
19 070
24 788
21 504
Living cost
11 724
11 724
11 724
11 724
Free-cash
11 318
7 346
13 064
9 780

Estimated living cost  is ₴11724 per week

₴8087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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.

Riga , Latvia
₴20792
₴14462
₴4125
₴23283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
5 488
microenterprise
-
-
-
-
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.

-
-
-
11 635
surtax
-
-
-
9 435
total
-
-
-
26 558
Employee
8 873
-
29 817
-
income
1 580
-
5 758
-
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.

976
-
3 280
-
surtax
-
-
-
-
total
2 556
-
9 038
-
Employer
8 873
-
29 817
-
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.

2 137
-
7 183
-
surtax
-
-
-
-
total
2 137
-
7 183
-
Corporate
25 989
37 000
-
-
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%.

5 198
7 400
-
-
total
5 198
7 400
-
-
Dividends

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

20 792
29 600
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 891
7 400
16 221
26 558
After tax
27 109
29 600
20 779
10 442
Living cost
6 318
6 318
6 318
6 318
Free-cash
20 792
23 283
14 462
4 125

Estimated living cost  is ₴6318 per week

₴4030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴18604
₴17662
₴17936
₴19236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
10 365
health
-
-
-
2 037
pensions
-
-
-
2 810
total
-
-
-
15 212
Employee
5 867
-
33 839
-
health
293
-
702
-
unemployment
59
-
141
-
pensions
528
-
1 264
-
income
1 135
-
10 218
-
total
2 015
-
12 325
-
Employer
5 867
-
33 839
-
health
557
-
1 335
-
pensions
645
-
1 545
-
unemployment
117
-
281
-
total
1 319
-
3 161
-
Corporate
29 813
37 000
-
-
income
6 559
8 140
-
-
total
6 559
8 140
-
-
Dividends
23 254
28 860
-
-
withholding
4 651
5 772
-
-
total
4 651
5 772
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 544
13 912
15 486
15 212
After tax
22 456
23 088
21 514
21 788
Living cost
3 852
3 852
3 852
3 852
Free-cash
18 604
19 236
17 662
17 936

Estimated living cost  is ₴3852 per week

₴2289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴15487
₴10577
₴11187
₴16452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
pensions
-
-
-
7 400
unemployment
-
-
-
69
income
-
-
-
7 843
other
-
-
-
-
health
-
-
-
2 627
surtax
-
-
-
1 053
total
-
-
-
18 992
Employee
10 226
-
30 565
-
health
261
-
779
-
unemployment
712
-
2 128
-
pensions
682
-
2 039
-
income
1 714
-
7 265
-
other
-
-
-
-
surtax
36
-
957
-
total
3 405
-
13 168
-
Employer
10 226
-
30 565
-
health
465
-
1 391
-
pensions
1 363
-
4 074
-
unemployment
324
-
969
-
other
-
-
-
-
total
2 152
-
6 434
-
Corporate
24 621
37 000
-
-
income
6 402
9 620
-
-
total
6 402
9 620
-
-
Dividends
18 219
27 380
-
-
withholding
2 733
4 107
-
-
total
2 733
4 107
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 692
13 727
19 602
18 992
After tax
22 308
23 273
17 398
18 008
Living cost
6 821
6 821
6 821
6 821
Free-cash
15 487
16 452
10 577
11 187

Estimated living cost  is ₴6821 per week

₴4118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴10825
₴693
₴8794
₴10974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
pensions
-
-
-
6 563
chamber of commerce
-
-
-
148
unemployment
-
-
-
1 862
income
-
-
-
7 231