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

Dresden , Germany
₴11298
₴13986
₴10481
₴5737
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
-
-
-
2 688
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.

-
-
-
2 929
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.

-
-
-
6 728
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.

-
-
-
370
total
-
-
-
12 715
Employee

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

16 400
-
37 000
-
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
-
370
-
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
-
6 728
-
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.

2 929
-
2 929
-
total
3 412
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 600
37 000
-
-
trade
3 244
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.

170
305
-
-
income
3 090
5 550
-
-
chamber of commerce
94
118
-
-
total
6 598
11 801
-
-
Dividends
14 001
25 199
-
-
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.

184
338
-
-
withholding
3 338
6 137
-
-
total
3 522
6 475
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 532
18 276
10 027
12 715
After tax
23 468
18 724
26 973
24 285
Living cost
12 987
12 987
12 987
12 987
Free-cash
10 481
5 737
13 986
11 298

Estimated living cost  is ₴12987 per week

₴8169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1514
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.
₴3061
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
₴881
₴1172
₴415
₴1452
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
social contributions
-
-
-
398
municipal
-
-
-
3 783
national
-
-
-
5 862
pensions
-
-
-
4 440
total
-
-
-
14 483
Employee
33 540
-
31 986
-
pensions
1 342
-
1 279
-
national
6 420
-
6 084
-
municipal
4 143
-
3 926
-
total
11 905
-
11 289
-
Employer
33 540
-
31 986
-
pensions
2 683
-
2 559
-
social contributions
361
-
344
-
total
3 044
-
2 903
-
Corporate
-
37 000
-
-
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%.

-
7 400
-
-
total
-
7 400
-
-
Dividends
-
29 600
-
-
withholding
-
6 512
-
-
total
-
6 512
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 949
13 912
14 192
14 483
After tax
22 051
23 088
22 808
22 517
Living cost
21 636
21 636
21 636
21 636
Free-cash
415
1 452
1 172
881

Estimated living cost  is ₴21636 per week

₴14706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4595
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
₴10899
₴12002
₴17163
₴20680
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
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.

-
-
-
11 895
income
-
-
-
5 286
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
17 181
Employee
12 529
-
29 817
-
income
2 230
-
5 615
-
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.

1 378
-
3 280
-
surtax
-
-
-
-
total
3 608
-
8 895
-
Employer
12 529
-
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.

3 018
-
7 183
-
surtax
-
-
-
-
total
3 018
-
7 183
-
Corporate
21 453
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%.

4 291
7 400
-
-
total
4 291
7 400
-
-
Dividends

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

17 163
29 600
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
10 917
7 400
16 078
17 181
After tax
26 083
29 600
20 922
19 819
Living cost
8 920
8 920
8 920
8 920
Free-cash
17 163
20 680
12 002
10 899

Estimated living cost  is ₴8920 per week

₴5691
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.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2177
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
₴3072
-₴5577
-₴5577
-₴3170
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
health
-
-
-
4 802
income
-
-
-
6 140
pensions
-
-
-
5 024
total
-
-
-
15 966
Employee
36 616
36 616
36 616
-
income

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

5 993
5 993
5 993
-
pensions
6 591
5 024
6 591
-
health
5 620
4 780
5 620
-
total
18 204
15 797
18 204
-
Employer
36 616
36 616
36 616
-
pensions
2 548
2 548
2 548
-
health
2 545
2 545
2 545
-
unemployment
1 318
1 318
1 318
-
total
6 411
6 411
6 411
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
24 615
22 208
24 615
15 966
After tax
12 385
14 792
12 385
21 034
Living cost
17 962
17 962
17 962
17 962
Free-cash
-5 577
-3 170
-5 577
3 072

Estimated living cost  is ₴17962 per week

₴12729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴2127
₴3268
₴3340
₴3710
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
other
-
-
-
4 200
unemployment
-
-
-
36
accident
-
-
-
72
municipal
-
-
-
7 911
health
-
-
-
2 255
national
-
-
-
-
pensions
-
-
-
3 907
total
-
-
-
18 381
Employee
23 499
-
28 154
-
national
-
-
-
-
municipal
7 007
-
8 396
-
total
7 007
-
8 396
-
Employer
23 499
-
28 154
-
pensions
2 540
-
3 043
-
other
2 731
-
3 271
-
accident
47
-
56
-
health
1 445
-
1 731
-
unemployment
620
-
743
-
total
7 383
-
8 844
-
Corporate
6 118
37 000
-
-
income
1 346
8 140
-
-
total
1 346
8 140
-
-
Dividends
4 772
28 860
-
-
withholding
1 432
8 658
-
-
total
1 432
8 658
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 168
16 798
17 240
18 381
After tax
19 832
20 202
19 760
18 619
Living cost
16 492
16 492
16 492
16 492
Free-cash
3 340
3 710
3 268
2 127

Estimated living cost  is ₴16492 per week

₴10930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1618
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.
₴3693
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
₴7322
₴10129
₴7715
₴1691
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
-
-
-
2 807
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.

-
-
-
2 929
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.

-
-
-
6 728
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.

-
-
-
370
total
-
-
-
12 834
Employee

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

21 744
-
37 000
-
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.

103
-
370
-
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.

1 868
-
6 728
-
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.

2 929
-
2 929
-
total
4 900
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 256
37 000
-
-
trade
2 509
6 086
-
-
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.

126
305
-
-
income
2 288
5 550
-
-
chamber of commerce
87
118
-
-
total
5 010
12 059
-
-
Dividends
10 245
24 940
-
-
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.

132
334
-
-
withholding
2 399
6 072
-
-
total
2 531
6 406
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 441
18 465
10 027
12 834
After tax
24 559
18 535
26 973
24 166
Living cost
16 844
16 844
16 844
16 844
Free-cash
7 715
1 691
10 129
7 322

Estimated living cost  is ₴16844 per week

₴11265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1776
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.
₴3551
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
₴13142
₴13105
₴11433
₴13211
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
social contributions
-
-
-
5 772
health
-
-
-
944
income
-
-
-
3 235
total
-
-
-
9 951
Employee
32 971
32 971
33 591
-
income
3 462
3 052
3 219
-
social contributions
1 602
2 736
2 788
-
health
328
561
571
-
total
5 392
6 349
6 578
-
Employer
32 971
32 971
33 591
-
health
357
610
622
-
social contributions
1 602
2 736
2 788
-
total
1 959
3 346
3 410
-
Corporate
15 741
683
-
-
income
1 967
85
-
-
total
1 967
85
-
-
Dividends
13 774
597
-
-
withholding
2 342
102
-
-
total
2 342
102
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 660
9 882
9 988
9 951
After tax
25 340
27 118
27 012
27 049
Living cost
13 907
13 907
13 907
13 907
Free-cash
11 433
13 211
13 105
13 142

Estimated living cost  is ₴13907 per week

₴9507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1086
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.
₴3081
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
₴17811
₴13629
₴13209
₴13045
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
-
-
-
555
health
-
-
-
2 590
income
-
-
-
4 523
pensions
-
-
-
3 700
total
-
-
-
11 368
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.

11 289
4 493
30 962
-
income
1 380
549
3 785
-
pensions
1 129
449
3 096
-
unemployment
169
67
464
-
health
790
315
2 167
-
total
3 468
1 380
9 512
-
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.

11 289
4 493
30 962
-
pensions
2 201
876
6 038
-
total
2 201
876
6 038
-
Corporate
23 510
31 631
-
-
income
2 116
2 847
-
-
total
2 116
2 847
-
-
Dividends
21 394
28 784
-
-
social contributions
4 120
5 562
-
-
withholding
4 065
5 469
-
-
total
8 185
11 031
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 970
16 134
15 550
11 368
After tax
21 030
20 866
21 450
25 632
Living cost
7 821
7 821
7 821
7 821
Free-cash
13 209
13 045
13 629
17 811

Estimated living cost  is ₴7821 per week

₴5337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴640
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.
₴1688
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
₴9476
₴10970
₴16581
₴19244
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
health
-
-
-
4 810
income
-
-
-
4 958
pensions
-
-
-
7 400
total
-
-
-
17 168
Employee
12 164
-
27 653
-
income
1 369
-
5 331
-
pensions
243
-
553
-
unemployment
194
-
443
-
total
1 806
-
6 327
-
Employer
12 164
-
27 653
-
pensions
2 433
-
5 531
-
health
1 581
-
3 595
-
unemployment
98
-
221
-
total
4 112
-
9 347
-
Corporate
20 725
37 000
-
-
income
4 145
7 400
-
-
total
4 145
7 400
-
-
Dividends
16 580
29 600
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
10 063
7 400
15 674
17 168
After tax
26 937
29 600
21 326
19 832
Living cost
10 356
10 356
10 356
10 356
Free-cash
16 581
19 244
10 970
9 476

Estimated living cost  is ₴10356 per week

₴7103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴617
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.
₴2428
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
₴16033
₴9357
₴1555
-₴6401
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
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
8 594
pensions
-
-
-
1 777
total
-
-
-
11 569
Employee
14 784
-
31 016
-
income
2 028
-
5 451
-
pensions
1 665
-
3 259
-
health
1 693
-
3 551
-
total
5 386
-
12 261
-
Employer
14 784
-
31 016
-
pensions
2 404
-
4 706
-
accident
247
-
518
-
unemployment
362
-
760
-
total
3 013
-
5 984
-
Corporate
19 203
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.

17 283
33 300
-
-
total
17 283
33 300
-
-
Dividends
1 920
3 700
-
-
withholding
365
703
-
-
total
365
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
26 047
34 003
18 245
11 569
After tax
10 953
2 997
18 755
25 431
Living cost
9 398
9 398
9 398
9 398
Free-cash
1 555
-6 401
9 357
16 033

Estimated living cost  is ₴9398 per week

₴6888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴521
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.
₴1793
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
₴32766
₴25736
₴30562
₴31286
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
4 830
-
37 000
-
income
966
-
7 400
-
total
966
-
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%.

32 170
37 000
-
-
total
-
-
-
-
Dividends
32 170
37 000
-
-
withholding
1 608
1 850
-
-
total
1 608
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
2 574
1 850
7 400
370
After tax
34 426
35 150
29 600
36 630
Living cost
3 864
3 864
3 864
3 864
Free-cash
30 562
31 286
25 736
32 766

Estimated living cost  is ₴3864 per week

₴2395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴321
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.
₴1042
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
₴8609
₴10264
₴12864
₴15759
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
other
-
-
-
1 758
health
-
-
-
1 628
income
-
-
-
4 700
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
total
-
-
-
16 966
Employee
15 568
-
29 552
-
income
2 680
-
5 087
-
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.

1 090
-
2 069
-
unemployment
155
-
295
-
health
218
-
413
-
total
4 143
-
7 864
-
Employer
15 568
-
29 552
-
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.

2 647
-
5 024
-
other
779
-
1 478
-
accident
124
-
237
-
health
218
-
413
-
unemployment
155
-
295
-
total
3 923
-
7 447
-
Corporate
17 508
37 000
-
-
income
3 677
7 770
-
-
total
3 677
7 770
-
-
Dividends
13 831
29 230
-
-
withholding
968
2 046
-
-
total
968
2 046
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 711
9 816
15 311
16 966
After tax
24 289
27 184
21 689
20 034
Living cost
11 425
11 425
11 425
11 425
Free-cash
12 864
15 759
10 264
8 609

Estimated living cost  is ₴11425 per week

₴8073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
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.
₴2397
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
-₴1336
-₴5476
-₴9410
-₴1126
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
-
-
-
6 878
pensions
-
-
-
2 610
total
-
-
-
9 488
Employee
40 816
-
32 682
-
income
7 357
-
5 843
-
pensions
3 938
-
2 962
-
health
673
-
506
-
total
11 968
-
9 311
-
Employer
40 816
-
32 682
-
pensions
4 819
-
3 696
-
health
775
-
621
-
total
5 594
-
4 317
-
Corporate
-
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.

-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
2 248
-
-
total
-
2 248
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 562
9 278
13 628
9 488
After tax
19 438
27 722
23 372
27 512
Living cost
28 848
28 848
28 848
28 848
Free-cash
-9 410
-1 126
-5 476
-1 336

Estimated living cost  is ₴28848 per week

₴21616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3608
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
₴21827
₴22862
₴24020
₴26012
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
-
-
-
60
health
-
-
-
1 723
income
-
-
-
5 550
pensions

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

-
-
-
2 217
total
-
-
-
9 550
Employee
7 446
-
34 061
-
income
744
-
3 406
-
pensions

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

654
-
1 315
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
total
1 822
-
5 575
-
Employer
7 446
-
34 061
-
pensions

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

821
-
1 651
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
health
514
-
1 034
-
unemployment
45
-
90
-
total
1 462
-
2 940
-
Corporate
28 093
37 000
-
-
income
2 809
3 700
-
-
total
2 809
3 700
-
-
Dividends
25 284
33 300
-
-
withholding
1 264
1 665
-
-
total
1 264
1 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
7 357
5 365
8 515
9 550
After tax
29 643
31 635
28 485
27 450
Living cost
5 623
5 623
5 623
5 623
Free-cash
24 020
26 012
22 862
21 827

Estimated living cost  is ₴5623 per week

₴3283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
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.
₴1790
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
-₴2742
-₴11391
-₴9712
-₴8984
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
health
-
-
-
4 802
income
-
-
-
6 140
pensions
-
-
-
5 024
total
-
-
-
15 966
Employee
39 753
36 616
36 616
-
income

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

5 993
5 993
5 993
-
pensions
5 024
5 024
6 591
-
health
4 959
4 780
5 620
-
total
15 976
15 797
18 204
-
Employer
39 753
36 616
36 616
-
pensions
2 767
2 548
2 548
-
health
2 762
2 545
2 545
-
unemployment
1 431
1 318
1 318
-
total
6 960
6 411
6 411
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
22 936
22 208
24 615
15 966
After tax
14 064
14 792
12 385
21 034
Living cost
23 776
23 776
23 776
23 776
Free-cash
-9 712
-8 984
-11 391
-2 742

Estimated living cost  is ₴23776 per week

₴17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴7723
₴8478
₴11503
₴15177
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
social contributions
-
-
-
10 804
health
-
-
-
4 995
income
-
-
-
3 180
solidarity contribution
-
-
-
-
total
-
-
-
18 979
Employee
15 145
-
27 612
-
income
1 817
-
3 313
-
solidarity contribution
-
-
-
-
social contributions
984
-
1 795
-
health
2 045
-
3 728
-
total
4 846
-
8 836
-
Employer
15 145
-
27 612
-
health
1 363
-
2 485
-
social contributions
3 786
-
6 903
-
total
5 149
-
9 388
-
Corporate
16 706
37 000
-
-
income
3 174
7 030
-
-
total
3 174
7 030
-
-
Dividends
13 532
29 970
-
-
withholding
2 030
4 495
-
-
total
2 030
4 495
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 199
11 525
18 224
18 979
After tax
21 801
25 475
18 776
18 021
Living cost
10 298
10 298
10 298
10 298
Free-cash
11 503
15 177
8 478
7 723

Estimated living cost  is ₴10298 per week

₴7153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2210
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
₴1323
-₴437
-₴1108
₴1648
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
social contributions
-
-
-
9 517
municipal
-
-
-
220
national
-
-
-
7 449
regional
-
-
-
398
total
-
-
-
17 584
Employee
38 107
-
37 000
-
national
6 603
-
6 325
-
social contributions
12 850
-
12 476
-
municipal
202
-
196
-
regional
360
-
347
-
total
20 015
-
19 344
-
Employer
38 107
-
37 000
-
total
-
-
-
-
Corporate
-
37 000
-
-
nationa
-
8 880
-
-
municipal
-
1 443
-
-
total
-
10 323
-
-
Dividends
-
26 678
-
-
withholding
-
6 936
-
-
total
-
6 936
-
-
Income
37 000
37 000
37 000
37 000
Total tax
20 015
17 259
19 344
17 584
After tax
16 985
19 741
17 656
19 416
Living cost
18 093
18 093
18 093
18 093
Free-cash
-1 108
1 648
-437
1 323

Estimated living cost  is ₴18093 per week

₴12612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1186
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.
₴4016
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
₴10176
₴9466
₴12478
₴13811
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
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 627
income
-
-
-
6 527
surtax
-
-
-
710
pensions
-
-
-
7 400
total
-
-
-
17 362
Employee
14 179
-
30 566
-
income
2 377
-
6 062
-
pensions
945
-
2 039
-
unemployment
987
-
2 128
-
health
362
-
780
-
other
-
-
-
-
surtax
46
-
629
-
total
4 717
-
11 638
-
Employer
14 179
-
30 566
-
pensions
1 890
-
4 074
-
other
-
-
-
-
health
645
-
1 391
-
unemployment
449
-
969
-
total
2 984
-
6 434
-
Corporate
19 836
37 000
-
-
income
5 157
9 620
-
-
total
5 157
9 620
-
-
Dividends
14 679
27 380
-
-
withholding
2 202
4 107
-
-
total
2 202
4 107
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 060
13 727
18 072
17 362
After tax
21 940
23 273
18 928
19 638
Living cost
9 462
9 462
9 462
9 462
Free-cash
12 478
13 811
9 466
10 176

Estimated living cost  is ₴9462 per week

₴5785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
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.
₴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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴7804
₴3664
₴4620
₴8014
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
-
-
-
6 878
pensions
-
-
-
2 610
total
-
-
-
9 488
Employee
27 354
-
32 682
-
income
4 927
-
5 843
-
pensions
2 322
-
2 962
-
health
397
-
506
-
total
7 646
-
9 311
-
Employer
27 354
-
32 682
-
pensions
2 961
-
3 696
-
health
520
-
621
-
total
3 481
-
4 317
-
Corporate
6 166
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.

1 171
7 030
-
-
total
1 171
7 030
-
-
Dividends
4 994
29 970
-
-
withholding
374
2 248
-
-
total
374
2 248
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 672
9 278
13 628
9 488
After tax
24 328
27 722
23 372
27 512
Living cost
19 708
19 708
19 708
19 708
Free-cash
4 620
8 014
3 664
7 804

Estimated living cost  is ₴19708 per week

₴14765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
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.
₴3259
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
-₴1370
-₴3263
-₴4544
-₴15492
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
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
-
-
-
106
city
-
-
-
390
national
-
-
-
166
regional
-
-
-
1 153
pensions
-
-
-
3 404
total
-
-
-
5 959
Employee
37 929
-
33 117
-
pensions
3 187
-
2 781
-
national
180
-
141
-
unemployment
-
-
-
-
city
407
-
355
-
health
86
-
75
-
regional
1 242
-
981
-
total
5 102
-
4 333
-
Employer
37 929
-
33 117
-
pensions
3 187
-
2 781
-
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.

758
-
663
-
health
86
-
75
-
unemployment
-
-
-
-
total
4 031
-
3 519
-
Corporate
-
37 000
-
-
regional
-
7 826
-
-
national
-
3 145
-
-
total
-
10 971
-
-
Dividends
-
26 029
-
-
withholding
-
9 110
-
-
total
-
9 110
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 133
20 081
7 852
5 959
After tax
27 867
16 919
29 148
31 041
Living cost
32 411
32 411
32 411
32 411
Free-cash
-4 544
-15 492
-3 263
-1 370

Estimated living cost  is ₴32411 per week

₴21076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴398
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.
₴8028
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
₴4404
₴7331
₴5655
-₴1297
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
-
-
-
2 927
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.

-
-
-
2 929
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.

-
-
-
6 728
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.

-
-
-
370
total
-
-
-
12 954
Employee

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

25 769
-
37 000
-
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
-
370
-
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.

3 030
-
6 728
-
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.

2 929
-
2 929
-
total
6 126
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 231
37 000
-
-
trade
1 926
6 346
-
-
surtax

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

93
305
-
-
income
1 684
5 550
-
-
chamber of commerce
81
117
-
-
total
3 784
12 318
-
-
Dividends
7 448
24 682
-
-
surtax

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

94
330
-
-
withholding
1 699
6 007
-
-
total
1 793
6 337
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 703
18 655
10 027
12 954
After tax
25 297
18 345
26 973
24 046
Living cost
19 642
19 642
19 642
19 642
Free-cash
5 655
-1 297
7 331
4 404

Estimated living cost  is ₴19642 per week

₴14346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1571
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.
₴3470
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
₴6805
₴6839
₴6511
₴3977
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
other
-
-
-
1 147
social contributions
-
-
-
1 054
health
-
-
-
362
income
-
-
-
2 692
surtax
-
-
-
-
pensions
-
-
-
10 270
total
-
-
-
15 525
Employee
18 351
-
28 196
-
income
1 083
-
2 691
-
pensions
2 075
-
3 190
-
social contributions
523
-
803
-
surtax
-
-
-
-
total
3 681
-
6 684
-
Employer
18 351
-
28 196
-
pensions
3 015
-
4 633
-
other
633
-
973
-
health
1 285
-
1 974
-
unemployment
743
-
1 142
-
social contributions
55
-
85
-
total
5 731
-
8 807
-
Corporate
12 918
37 000
-
-
surtax
-
-
-
-
income
3 617
10 360
-
-
total
3 617
10 360
-
-
Dividends
9 302
26 640
-
-
surtax
-
-
-
-
social contributions
1 600
4 583
-
-
withholding
1 190
3 410
-
-
total
2 790
7 993
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 819
18 353
15 491
15 525
After tax
21 181
18 647
21 509
21 475
Living cost
14 670
14 670
14 670
14 670
Free-cash
6 511
3 977
6 839
6 805

Estimated living cost  is ₴14670 per week

₴9250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1193
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.
₴3978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴8259
₴8293
₴7813
₴5431
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
other
-
-
-
1 147
social contributions
-
-
-
1 054
health
-
-
-
362
income
-
-
-
2 692
surtax
-
-
-
-
pensions
-
-
-
10 270
total
-
-
-
15 525
Employee
16 381
-
28 196
-
income
845
-
2 691
-
pensions
1 853
-
3 190
-
social contributions
467
-
803
-
surtax
-
-
-
-
total
3 165
-
6 684
-
Employer
16 381
-
28 196
-
pensions
2 692
-
4 633
-
other
566
-
973
-
health
1 146
-
1 974
-
unemployment
663
-
1 142
-
social contributions
49
-
85
-
total
5 116
-
8 807
-
Corporate
15 504
37 000
-
-
surtax
-
-
-
-
income
4 341
10 360
-
-
total
4 341
10 360
-
-
Dividends
11 163
26 640
-
-
surtax
-
-
-
-
social contributions
1 920
4 583
-
-
withholding
1 429
3 410
-
-
total
3 349
7 993
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 971
18 353
15 491
15 525
After tax
21 029
18 647
21 509
21 475
Living cost
13 216
13 216
13 216
13 216
Free-cash
7 813
5 431
8 293
8 259

Estimated living cost  is ₴13216 per week

₴7665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1343
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.
₴3959
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
₴14669
₴15037
₴13702
₴13482
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
social contributions
-
-
-
5 106
health
-
-
-
2 583
income
-
-
-
5 550
total
-
-
-
13 239
Employee
14 538
-
37 000
-
income
2 425
-
5 182
-
social contributions
2 007
-
5 106
-
health
1 015
-
2 583
-
total
5 447
-
12 871
-
Employer
14 538
-
37 000
-
total
-
-
-
-
Corporate
22 462
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%.

1 123
1 850
-
-
total
1 123
1 850
-
-
Dividends
21 339
35 150
-
-
social contributions
2 945
4 850
-
-
health
1 490
2 453
-
-
withholding
3 201
5 273
-
-
total
7 636
12 576
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 206
14 426
12 871
13 239
After tax
22 794
22 574
24 129
23 761
Living cost
9 092
9 092
9 092
9 092
Free-cash
13 702
13 482
15 037
14 669

Estimated living cost  is ₴9092 per week

₴6085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
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.
₴2237
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
₴4293
-₴2906
₴5069
₴5732
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
chamber of commerce
-
-
-
148
unemployment
-
-
-
2 630
health
-
-
-
2 831
income
-
-
-
5 060
surtax
-
-
-
85
pensions
-
-
-
6 845
total
-
-
-
17 599
Employee
21 428
17 087
28 665
-
income
2 439
1 260
4 514
-
pensions
2 194
1 749
2 935
-
unemployment
643
513
860
-
health
829
662
1 109
-
other
214
171
286
-
total
6 319
4 355
9 704
-
Employer
21 428
17 087
28 665
-
pensions
2 689
2 145
3 597
-
other
1 018
811
1 361
-
accident
278
222
373
-
health
810
646
1 084
-
payroll
643
513
860
-
chamber of commerce
85
68
115
-
unemployment
643
513
860
-
surtax
85
85
85
-
total
6 251
5 003
8 335
-
Corporate
9 321
14 910
27 038
-
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.

2 330
3 727
6 759
-
total
2 330
3 727
6 759
-
Dividends
6 991
11 183
-
-
withholding
1 923
3 075
-
-
total
1 923
3 075
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 823
16 160
24 798
17 599
After tax
20 177
20 840
12 202
19 401
Living cost
15 108
15 108
15 108
15 108
Free-cash
5 069
5 732
-2 906
4 293

Estimated living cost  is ₴15108 per week

₴10077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
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.
₴3495
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
₴2392
-₴858
-₴2600
₴5138
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
social contributions
-
-
-
5 455
communal

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

-
-
-
1 893
national
-
-
-
11 626
total
-
-
-
18 974
Employee

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

30 671
-
28 657
-
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.

2 300
-
2 149
-
national
9 429
-
8 642
-
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
-
249
-
communal

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

1 600
-
1 495
-
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.

1 441
-
1 347
-
total
15 037
-
13 882
-
Employer

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

30 671
-
28 657
-
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.

2 718
-
2 539
-
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.

399
-
373
-
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.

1 886
-
1 762
-
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.

448
-
418
-
surtax
3 478
-
3 250
-
total
8 929
-
8 342
-
Corporate
-
37 000
-
-
surtax
-
148
-
-
income
-
7 400
-
-
total
-
7 548
-
-
Dividends
-
29 452
-
-
withholding

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

-
8 680
-
-
total
-
8 680
-
-
Income
37 000
37 000
37 000
37 000
Total tax
23 966
16 228
22 224
18 974
After tax
13 034
20 772
14 776
18 026
Living cost
15 634
15 634
15 634
15 634
Free-cash
-2 600
5 138
-858
2 392

Estimated living cost  is ₴15634 per week

₴10070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
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.
₴3952
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
₴4138
₴4399
₴6043
₴9458
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
other
-
-
-
37
unemployment
-
-
-
259
accident
-
-
-
333
income
-
-
-
6 277
pensions
-
-
-
10 471
total
-
-
-
17 377
Employee
21 343
-
28 056
-
income
4 503
-
6 389
-
pensions
1 003
-
1 319
-
unemployment
331
-
435
-
other
21
-
28
-
total
5 858
-
8 171
-
Employer
21 343
-
28 056
-
pensions
5 037
-
6 621
-
other
170
-
225
-
accident
422
-
556
-
unemployment
1 174
-
1 543
-
total
6 803
-
8 945
-
Corporate
8 853
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.

1 328
5 550
-
-
total
1 328
5 550
-
-
Dividends
7 526
31 450
-
-
withholding
1 483
6 507
-
-
total
1 483
6 507
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 472
12 057
17 116
17 377
After tax
21 528
24 943
19 884
19 623
Living cost
15 485
15 485
15 485
15 485
Free-cash
6 043
9 458
4 399
4 138

Estimated living cost  is ₴15485 per week

₴11403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1098
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.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₴1480
₴330
-₴3139
-₴492
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
accident
-
-
-
312
health
-
-
-
2 600
income
-
-
-
2 548
communal
-
-
-
2 339
surtax
-
-
-
1 834
pensions
-
-
-
5 546
total
-
-
-
15 179
Employee
32 471
-
33 050
-
income
3 136
-
3 279
-
pensions
2 597
-
2 644
-
health
1 445
-
1 471
-
surtax
1 990
-
2 025
-
total
9 168
-
9 419
-
Employer
32 471
-
33 050
-
pensions
2 597
-
2 644
-
accident
292
-
298
-
health
990
-
1 008
-
total
3 879
-
3 950
-
Corporate
650
37 000
-
-
communal
-
2 497
-
-
surtax
7
388
-
-
income
98
5 550
-
-
total
105
8 435
-
-
Dividends
545
28 565
-
-
withholding
82
4 285
-
-
income
3 604
1 471
-
-
total
3 686
5 756
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 838
14 191
13 369
15 179
After tax
20 162
22 809
23 631
21 821
Living cost
23 301
23 301
23 301
23 301
Free-cash
-3 139
-492
330
-1 480

Estimated living cost  is ₴23301 per week

₴17479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4163
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
₴10007
₴9297
₴12278
₴13642
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
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 627
income
-
-
-
6 527
surtax
-
-
-
710
pensions
-
-
-
7 400
total
-
-
-
17 362
Employee
14 440
-
30 566
-
income
2 421
-
6 062
-
pensions
963
-
2 039
-
unemployment
1 005
-
2 128
-
health
369
-
780
-
other
-
-
-
-
surtax
51
-
629
-
total
4 809
-
11 638
-
Employer
14 440
-
30 566
-
pensions
1 925
-
4 074
-
other
-
-
-
-
health
657
-
1 391
-
unemployment
458
-
969
-
total
3 040
-
6 434
-
Corporate
19 520
37 000
-
-
income
5 075
9 620
-
-
total
5 075
9 620
-
-
Dividends
14 446
27 380
-
-
withholding
2 167
4 107
-
-
total
2 167
4 107
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 091
13 727
18 072
17 362
After tax
21 909
23 273
18 928
19 638
Living cost
9 631
9 631
9 631
9 631
Free-cash
12 278
13 642
9 297
10 007

Estimated living cost  is ₴9631 per week

₴5815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2756
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
₴7706
₴5956
₴6947
₴7898
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
social contributions
-
-
-
9 517
municipal
-
-
-
220
national
-
-
-
7 449
regional
-
-
-
558
total
-
-
-
17 744
Employee
23 785
-
37 000
-
national
3 768
-
6 325
-
social contributions
8 020
-
12 476
-
municipal
126
-
196
-
regional
320
-
497
-
total
12 234
-
19 494
-
Employer
23 785
-
37 000
-
total
-
-
-
-
Corporate
13 215
37 000
-
-
nationa
3 172
8 880
-
-
municipal
657
1 839
-
-
total
3 829
10 719
-
-
Dividends
9 387
26 281
-
-
withholding
2 440
6 833
-
-
total
2 440
6 833
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 503
17 552
19 494
17 744
After tax
18 497
19 448
17 506
19 256
Living cost
11 550
11 550
11 550
11 550
Free-cash
6 947
7 898
5 956
7 706

Estimated living cost  is ₴11550 per week

₴7183
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.
₴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.
₴2999
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
₴5331
₴6086
₴8257
₴12785
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
social contributions
-
-
-
10 804
health
-
-
-
4 995
income
-
-
-
3 180
solidarity contribution
-
-
-
-
total
-
-
-
18 979
Employee
18 662
-
27 612
-
income
2 239
-
3 313
-
solidarity contribution
-
-
-
-
social contributions
1 213
-
1 795
-
health
2 519
-
3 728
-
total
5 971
-
8 836
-
Employer
18 662
-
27 612
-
health
1 680
-
2 485
-
social contributions
4 666
-
6 903
-
total
6 346
-
9 388
-
Corporate
11 993
37 000
-
-
income
2 279
7 030
-
-
total
2 279
7 030
-
-
Dividends
9 714
29 970
-
-
withholding
1 457
4 495
-
-
total
1 457
4 495
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 053
11 525
18 224
18 979
After tax
20 947
25 475
18 776
18 021
Living cost
12 690
12 690
12 690
12 690
Free-cash
8 257
12 785
6 086
5 331

Estimated living cost  is ₴12690 per week

₴9437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2330
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
₴5807
-₴1458
₴6996
₴7206
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
chamber of commerce
-
-
-
148
unemployment
-
-
-
2 630
health
-
-
-
2 831
income
-
-
-
5 060
surtax
-
-
-
-
pensions
-
-
-
6 845
total
-
-
-
17 514
Employee
18 743
17 087
28 731
-
income
1 670
1 260
4 532
-
pensions
1 919
1 749
2 942
-
unemployment
562
513
862
-
health
725
662
1 112
-
other
187
171
287
-
total
5 063
4 355
9 735
-
Employer
18 743
17 087
28 731
-
pensions
2 352
2 145
3 605
-
other
890
811
1 365
-
accident
243
222
373
-
health
709
646
1 086
-
payroll
562
513
862
-
chamber of commerce
75
68
115
-
unemployment
562
513
862
-
surtax
-
-
-
-
total
5 393
4 918
8 268
-
Corporate
12 863
14 995
27 105
-
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.

3 216
3 749
6 776
-
total
3 216
3 749
6 776
-
Dividends
9 647
11 246
-
-
withholding
2 653
3 093
-
-
total
2 653
3 093
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 325
16 115
24 779
17 514
After tax
20 675
20 885
12 221
19 486
Living cost
13 679
13 679
13 679
13 679
Free-cash
6 996
7 206
-1 458
5 807

Estimated living cost  is ₴13679 per week

₴8206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1397
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.
₴3832
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
₴30608
₴23578
₴27998
₴29128
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
7 528
-
37 000
-
income
1 506
-
7 400
-
total
1 506
-
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%.

29 472
37 000
-
-
total
-
-
-
-
Dividends
29 472
37 000
-
-
withholding
1 474
1 850
-
-
total
1 474
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
2 980
1 850
7 400
370
After tax
34 020
35 150
29 600
36 630
Living cost
6 022
6 022
6 022
6 022
Free-cash
27 998
29 128
23 578
30 608

Estimated living cost  is ₴6022 per week

₴4075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴253
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.
₴1492
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
₴7901
₴6839
₴10386
₴13973
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
unemployment
-
-
-
55
health
-
-
-
3 640
income
-
-
-
7 146
pensions
-
-
-
6 757
total
-
-
-
17 598
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.

18 961
-
32 015
-
income
3 270
-
6 599
-
pensions
2 939
-
4 963
-
unemployment
27
-
45
-
health
1 225
-
2 068
-
total
7 461
-
13 675
-
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.

18 961
-
32 015
-
pensions
1 678
-
2 833
-
health
1 263
-
2 132
-
unemployment
11
-
20
-
total
2 952
-
4 985
-
Corporate
15 087
37 000
-
-
income
2 867
7 030
-
-
total
2 867
7 030
-
-
Dividends
12 221
29 970
-
-
withholding
1 833
4 496
-
-
total
1 833
4 496
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 113
11 526
18 660
17 598
After tax
21 887
25 474
18 340
19 402
Living cost
11 501
11 501
11 501
11 501
Free-cash
10 386
13 973
6 839
7 901

Estimated living cost  is ₴11501 per week

₴7893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2649
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
₴7108
₴12909
-₴26798
₴4049
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
social contributions
-
-
-
4 218
income
-
-
-
7 212
total
-
-
-
11 430
Employee
26 473
-
-
-
income
5 839
-
-
-
social contributions
2 171
-
309
-
total
8 010
-
309
-
Employer
26 473
-
-
-
social contributions
37 326
-
5 320
-
total
37 326
-
5 320
-
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
45 336
14 489
5 629
11 430
After tax
-8 336
22 511
31 371
25 570
Living cost
18 462
18 462
18 462
18 462
Free-cash
-26 798
4 049
12 909
7 108

Estimated living cost  is ₴18462 per week

₴11979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4512
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
₴7418
₴5763
₴7165
₴7596
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
social contributions

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

-
-
-
12 858
income
-
-
-
3 275
surtax
-
-
-
-
total
-
-
-
16 133
Employee
19 720
-
29 899
-
income
4 102
-
7 398
-
social contributions
2 169
-
3 289
-
surtax
-
-
-
-
total
6 271
-
10 687
-
Employer
19 720
-
29 899
-
social contributions
4 684
-
7 101
-
total
4 684
-
7 101
-
Corporate
12 596
37 000
-
-
surtax
-
-
-
-
income
2 645
7 770
-
-
total
2 645
7 770
-
-
Dividends
9 951
29 230
-
-
withholding
2 786
8 185
-
-
total
2 786
8 185
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 386
15 955
17 788
16 133
After tax
20 614
21 045
19 212
20 867
Living cost
13 449
13 449
13 449
13 449
Free-cash
7 165
7 596
5 763
7 418

Estimated living cost  is ₴13449 per week

₴10063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴2369
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
₴766
₴800
₴885
-₴2062
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
other
-
-
-
1 147
social contributions
-
-
-
1 054
health
-
-
-
362
income
-
-
-
2 692
surtax
-
-
-
-
pensions
-
-
-
10 270
total
-
-
-
15 525
Employee
26 855
-
28 196
-
income
2 343
-
2 691
-
pensions
3 037
-
3 190
-
social contributions
765
-
803
-
surtax
-
-
-
-
total
6 145
-
6 684
-
Employer
26 855
-
28 196
-
pensions
4 413
-
4 633
-
other
927
-
973
-
health
1 880
-
1 974
-
unemployment
1 088
-
1 142
-
social contributions
81
-
85
-
total
8 389
-
8 807
-
Corporate
1 758
37 000
-
-
surtax
-
-
-
-
income
492
10 360
-
-
total
492
10 360
-
-
Dividends
1 265
26 640
-
-
surtax
-
-
-
-
social contributions
218
4 583
-
-
withholding
162
3 410
-
-
total
380
7 993
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 406
18 353
15 491
15 525
After tax
21 594
18 647
21 509
21 475
Living cost
20 709
20 709
20 709
20 709
Free-cash
885
-2 062
800
766

Estimated living cost  is ₴20709 per week

₴14016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1694
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.
₴4715
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
₴15505
₴16542
₴18970
₴20411
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
social contributions
-
-
-
8 140
income
-
-
-
466
total
-
-
-
8 606
Employee
13 785
-
32 035
-
social contributions
896
-
2 082
-
income
-
-
522
-
total
896
-
2 604
-
Employer
13 785
-
32 035
-
social contributions
2 137
-
4 965
-
total
2 137
-
4 965
-
Corporate
21 079
37 000
-
-
income
2 108
3 700
-
-
total
2 108
3 700
-
-
Dividends
18 970
33 300
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
5 141
3 700
7 569
8 606
After tax
31 859
33 300
29 431
28 394
Living cost
12 889
12 889
12 889
12 889
Free-cash
18 970
20 411
16 542
15 505

Estimated living cost  is ₴12889 per week

₴8334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
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.
₴3341
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
₴2562
-₴56462
-₴56462
-₴56462
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
-
-
-
6 643
national
-
-
-
3 834
labour market
-
-
-
2 930
pensions
-
-
-
372
total
-
-
-
13 779
Employee
87 196
87 196
87 196
-
labour market
6 966
6 966
6 966
-
pensions
124
124
124
-
national
10 653
10 653
10 653
-
municipal
18 568
18 568
18 568
-
total
36 311
36 311
36 311
-
Employer
87 196
87 196
87 196
-
pensions
248
248
248
-
municipal
18 597
18 597
18 597
-
national
10 671
10 671
10 671
-
labour market
6 976
6 976
6 976
-
total
36 492
36 492
36 492
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
72 803
72 803
72 803
13 779
After tax
-35 803
-35 803
-35 803
23 221
Living cost
20 659
20 659
20 659
20 659
Free-cash
-56 462
-56 462
-56 462
2 562

Estimated living cost  is ₴20659 per week

₴14139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4374
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
₴16171
₴9495
₴1577
-₴6263
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
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
8 594
pensions
-
-
-
1 777
total
-
-
-
11 569
Employee
14 566
-
31 016
-
income
1 998
-
5 451
-
pensions
1 640
-
3 259
-
health
1 668
-
3 551
-
total
5 306
-
12 261
-
Employer
14 566
-
31 016
-
pensions
2 368
-
4 706
-
accident
243
-
518
-
unemployment
357
-
760
-
total
2 968
-
5 984
-
Corporate
19 465
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.

17 519
33 300
-
-
total
17 519
33 300
-
-
Dividends
1 946
3 700
-
-
withholding
370
703
-
-
total
370
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
26 163
34 003
18 245
11 569
After tax
10 837
2 997
18 755
25 431
Living cost
9 260
9 260
9 260
9 260
Free-cash
1 577
-6 263
9 495
16 171

Estimated living cost  is ₴9260 per week

₴6740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1818
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
₴10469
₴5111
₴7049
₴8589
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
-
-
-
6 590
health
-
-
-
391
national
-
-
-
3 088
total
-
-
-
10 069
Employee
22 559
-
31 126
-
pensions
1 522
-
2 101
-
national
373
-
1 599
-
municipal
3 695
-
5 086
-
unemployment
338
-
467
-
health
168
-
300
-
total
6 096
-
9 553
-
Employer
22 559
-
31 126
-
pensions
3 914
-
5 400
-
accident
23
-
31
-
health
173
-
240
-
unemployment
146
-
203
-
total
4 256
-
5 874
-
Corporate
10 185
37 000
-
-
income
2 037
7 400
-
-
total
2 037
7 400
-
-
Dividends

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

6 111
22 200
-
-
municipal
1 100
3 996
-
-
national
-
553
-
-
total
1 100
4 549
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 489
11 949
15 427
10 069
After tax
23 511
25 051
21 573
26 931
Living cost
16 462
16 462
16 462
16 462
Free-cash
7 049
8 589
5 111
10 469

Estimated living cost  is ₴16462 per week

₴10753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1583
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.
₴3864
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
₴17122
₴17085
₴14857
₴17191
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
social contributions
-
-
-
5 772
health
-
-
-
944
income
-
-
-
3 235
total
-
-
-
9 951
Employee
32 971
32 971
33 591
-
income
3 590
3 052
3 219
-
social contributions
1 247
2 736
2 788
-
health
255
561
571
-
total
5 092
6 349
6 578
-
Employer
32 971
32 971
33 591
-
health
277
610
622
-
social contributions
1 247
2 736
2 788
-
total
1 524
3 346
3 410
-
Corporate
20 457
683
-
-
income
2 557
85
-
-
total
2 557
85
-
-
Dividends
17 899
597
-
-
withholding
3 043
102
-
-
total
3 043
102
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 216
9 882
9 988
9 951
After tax
24 784
27 118
27 012
27 049
Living cost
9 927
9 927
9 927
9 927
Free-cash
14 857
17 191
17 085
17 122

Estimated living cost  is ₴9927 per week

₴5950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2784
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
₴22454
₴16032
₴21650
₴23832
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
-
-
-
37 000
unemployment
-
-
-
12
health
-
-
-
1 552
income
-
-
-
3 447
pensions
-
-
-
2 727
total
-
-
-
7 738
Employee

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

9 842
-
33 545
-
income
673
-
2 653
-
pensions
1 476
-
5 032
-
unemployment
49
-
168
-
health
836
-
2 851
-
total
3 034
-
10 704
-
Employer

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

9 842
-
33 545
-
pensions
541
-
1 845
-
health
423
-
1 443
-
unemployment
49
-
168
-
total
1 013
-
3 456
-
Corporate
26 145
37 000
-
-
income
2 353
3 330
-
-
total
2 353
3 330
-
-
Dividends
23 792
33 670
-
-
withholding
2 142
3 030
-
-
total
2 142
3 030
-
-
Income
37 000
37 000
37 000
37 000
Total tax
8 542
6 360
14 160
7 738
After tax
28 458
30 640
22 840
29 262
Living cost
6 808
6 808
6 808
6 808
Free-cash
21 650
23 832
16 032
22 454

Estimated living cost  is ₴6808 per week

₴4343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1771
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
₴7832
₴8093
₴10904
₴13152
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
other
-
-
-
37
unemployment
-
-
-
259
accident
-
-
-
333
income
-
-
-
6 277
pensions
-
-
-
10 471
total
-
-
-
17 377
Employee
15 854
-
28 056
-
income
3 057
-
6 389
-
pensions
745
-
1 319
-
unemployment
246
-
435
-
other
15
-
28
-
total
4 063
-
8 171
-
Employer
15 854
-
28 056
-
pensions
3 741
-
6 621
-
other
127
-
225
-
accident
314
-
556
-
unemployment
872
-
1 543
-
total
5 054
-
8 945
-
Corporate
16 091
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.

2 413
5 550
-
-
total
2 413
5 550
-
-
Dividends
13 678
31 450
-
-
withholding
2 775
6 507
-
-
total
2 775
6 507
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 305
12 057
17 116
17 377
After tax
22 695
24 943
19 884
19 623
Living cost
11 791
11 791
11 791
11 791
Free-cash
10 904
13 152
8 093
7 832

Estimated living cost  is ₴11791 per week

₴7959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2492
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
₴22186
₴22103
₴21721
₴21914
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
health
-
-
-
621
income
-
-
-
12 162
pensions
-
-
-
857
total
-
-
-
13 640
Employee
1 789
-
36 036
-
income
346
-
12 117
-
pensions
161
-
385
-
unemployment
18
-
43
-
health
89
-
214
-
total
614
-
12 759
-
Employer
1 789
-
36 036
-
pensions
197
-
471
-
health
170
-
407
-
unemployment
36
-
86
-
total
403
-
964
-
Corporate
34 809
37 000
-
-
income
7 658
8 140
-
-
total
7 658
8 140
-
-
Dividends
27 151
28 860
-
-
withholding
5 430
5 772
-
-
total
5 430
5 772
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 105
13 912
13 723
13 640
After tax
22 895
23 088
23 277
23 360
Living cost
1 174
1 174
1 174
1 174
Free-cash
21 721
21 914
22 103
22 186

Estimated living cost  is ₴1174 per week

₴698
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.
₴354
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
₴11447
₴11523
₴17206
₴19317
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
unemployment
-
-
-
475
health
-
-
-
3 264
income
-
-
-
6 158
pensions
-
-
-
8 240
total
-
-
-
18 137
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.

11 183
-
31 383
-
income
1 542
-
6 199
-
pensions
1 566
-
4 394
-
unemployment
84
-
235
-
health
576
-
1 616
-
total
3 768
-
12 444
-
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.

11 183
-
31 383
-
pensions
1 342
-
3 766
-
health
576
-
1 616
-
unemployment
84
-
235
-
total
2 002
-
5 617
-
Corporate
23 815
37 000
-
-
income
3 572
5 550
-
-
total
3 572
5 550
-
-
Dividends
20 243
31 450
-
-
withholding
3 036
4 717
-
-
total
3 036
4 717
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 378
10 267
18 061
18 137
After tax
24 622
26 733
18 939
18 863
Living cost
7 416
7 416
7 416
7 416
Free-cash
17 206
19 317
11 523
11 447

Estimated living cost  is ₴7416 per week

₴4993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1635
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
₴9308
₴7653
₴9332
₴9486
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
social contributions

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

-
-
-
12 858
income
-
-
-
3 275
surtax
-
-
-
-
total
-
-
-
16 133
Employee
16 642
-
29 899
-
income
3 252
-
7 398
-
social contributions
1 831
-
3 289
-
surtax
-
-
-
-
total
5 083
-
10 687
-
Employer
16 642
-
29 899
-
social contributions
3 952
-
7 101
-
total
3 952
-
7 101
-
Corporate
16 406
37 000
-
-
surtax
-
-
-
-
income
3 445
7 770
-
-
total
3 445
7 770
-
-
Dividends
12 961
29 230
-
-
withholding
3 629
8 185
-
-
total
3 629
8 185
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 109
15 955
17 788
16 133
After tax
20 891
21 045
19 212
20 867
Living cost
11 559
11 559
11 559
11 559
Free-cash
9 332
9 486
7 653
9 308

Estimated living cost  is ₴11559 per week

₴8187
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.
₴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.
₴2365
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
₴4554
₴4815
₴6605
₴9874
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
other
-
-
-
37
unemployment
-
-
-
259
accident
-
-
-
333
income
-
-
-
6 277
pensions
-
-
-
10 471
total
-
-
-
17 377
Employee
20 708
-
28 056
-
income
4 325
-
6 389
-
pensions
973
-
1 319
-
unemployment
321
-
435
-
other
20
-
28
-
total
5 639
-
8 171
-
Employer
20 708
-
28 056
-
pensions
4 887
-
6 621
-
other
166
-
225
-
accident
410
-
556
-
unemployment
1 139
-
1 543
-
total
6 602
-
8 945
-
Corporate
9 690
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.

1 453
5 550
-
-
total
1 453
5 550
-
-
Dividends
8 237
31 450
-
-
withholding
1 632
6 507
-
-
total
1 632
6 507
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 326
12 057
17 116
17 377
After tax
21 674
24 943
19 884
19 623
Living cost
15 069
15 069
15 069
15 069
Free-cash
6 605
9 874
4 815
4 554

Estimated living cost  is ₴15069 per week

₴10822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
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.
₴2863
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
₴20072
₴21107
₴21644
₴24257
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
-
-
-
60
health
-
-
-
1 723
income
-
-
-
5 550
pensions

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

-
-
-
2 217
total
-
-
-
9 550
Employee
9 769
-
34 061
-
income
977
-
3 406
-
pensions

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

858
-
1 315
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
total
2 391
-
5 575
-
Employer
9 769
-
34 061
-
pensions

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

1 077
-
1 651
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
health
674
-
1 034
-
unemployment
59
-
90
-
total
1 917
-
2 940
-
Corporate
25 314
37 000
-
-
income
2 531
3 700
-
-
total
2 531
3 700
-
-
Dividends
22 783
33 300
-
-
withholding
1 139
1 665
-
-
total
1 139
1 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
7 978
5 365
8 515
9 550
After tax
29 022
31 635
28 485
27 450
Living cost
7 378
7 378
7 378
7 378
Free-cash
21 644
24 257
21 107
20 072

Estimated living cost  is ₴7378 per week

₴4879
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.
₴1900
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
₴7970
₴10419
₴8161
₴2551
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
-
-
-
2 449
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.

-
-
-
2 929
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.

-
-
-
6 728
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.

-
-
-
370
total
-
-
-
12 476
Employee

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

21 334
-
37 000
-
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
-
370
-
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.

1 754
-
6 728
-
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.

2 929
-
2 929
-
total
4 780
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 666
37 000
-
-
trade
2 248
5 309
-
-
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.

129
305
-
-
income
2 350
5 550
-
-
chamber of commerce
88
120
-
-
total
4 815
11 284
-
-
Dividends
10 850
25 716
-
-
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.

140
345
-
-
withholding
2 550
6 266
-
-
total
2 690
6 611
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 285
17 895
10 027
12 476
After tax
24 715
19 105
26 973
24 524
Living cost
16 554
16 554
16 554
16 554
Free-cash
8 161
2 551
10 419
7 970

Estimated living cost  is ₴16554 per week

₴11419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1781
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.
₴3113
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
₴1695
₴1695
₴2422
₴1475
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
social contributions
-
-
-
3 167
income
-
-
-
7 713
total
-
-
-
10 880
Employee
33 540
-
37 000
-
social contributions
2 786
-
3 167
-
income
6 329
-
7 713
-
total
9 115
-
10 880
-
Employer
33 540
-
37 000
-
total
-
-
-
-
Corporate
3 460
37 000
-
-
income
433
4 625
-
-
total
433
4 625
-
-
Dividends
3 027
32 375
-
-
withholding
605
6 475
-
-
total
605
6 475
-
-
Income
37 000
37 000
37 000
37 000
Total tax
10 153
11 100
10 880
10 880
After tax
26 847
25 900
26 120
26 120
Living cost
24 425
24 425
24 425
24 425
Free-cash
2 422
1 475
1 695
1 695

Estimated living cost  is ₴24425 per week

₴18582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1990
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.
₴3619
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
₴6367
₴11518
₴8486
₴6220
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
health

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

-
-
-
2 863
income
-
-
-
12 205
total
-
-
-
15 068
Employee
19 670
-
35 028
-
social contributions
1 971
-
1 972
-
income
2 134
-
5 973
-
total
4 105
-
7 945
-
Employer
19 670
-
35 028
-
social contributions
1 971
-
1 972
-
total
1 971
-
1 972
-
Corporate
15 360
37 000
-
-
income
5 376
12 950
-
-
total
5 376
12 950
-
-
Dividends
9 984
24 050
-
-
social contributions
1 497
2 265
-
-
total
1 497
2 265
-
-
Income
37 000
37 000
37 000
37 000
Total tax
12 949
15 215
9 917
15 068
After tax
24 051
21 785
27 083
21 932
Living cost
15 565
15 565
15 565
15 565
Free-cash
8 486
6 220
11 518
6 367

Estimated living cost  is ₴15565 per week

₴10252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1227
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.
₴3846
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
₴11490
₴7350
₴9266
₴11700
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
-
-
-
6 878
pensions
-
-
-
2 610
total
-
-
-
9 488
Employee
21 993
-
32 682
-
income
4 005
-
5 843
-
pensions
1 679
-
2 962
-
health
287
-
506
-
total
5 971
-
9 311
-
Employer
21 993
-
32 682
-
pensions
2 222
-
3 696
-
health
418
-
621
-
total
2 640
-
4 317
-
Corporate
12 367
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.

2 350
7 030
-
-
total
2 350
7 030
-
-
Dividends
10 017
29 970
-
-
withholding
751
2 248
-
-
total
751
2 248
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 712
9 278
13 628
9 488
After tax
25 288
27 722
23 372
27 512
Living cost
16 022
16 022
16 022
16 022
Free-cash
9 266
11 700
7 350
11 490

Estimated living cost  is ₴16022 per week

₴10991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1473
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.
₴3356
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
₴15255
₴8579
₴1436
-₴7179
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
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
8 594
pensions
-
-
-
1 777
total
-
-
-
11 569
Employee
16 008
-
31 016
-
income
2 196
-
5 451
-
pensions
1 803
-
3 259
-
health
1 833
-
3 551
-
total
5 832
-
12 261
-
Employer
16 008
-
31 016
-
pensions
2 603
-
4 706
-
accident
267
-
518
-
unemployment
392
-
760
-
total
3 262
-
5 984
-
Corporate
17 730
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.

15 957
33 300
-
-
total
15 957
33 300
-
-
Dividends
1 773
3 700
-
-
withholding
337
703
-
-
total
337
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
25 388
34 003
18 245
11 569
After tax
11 612
2 997
18 755
25 431
Living cost
10 176
10 176
10 176
10 176
Free-cash
1 436
-7 179
8 579
15 255

Estimated living cost  is ₴10176 per week

₴7468
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.
₴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.
₴1910
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

Close
Skopje , Macedonia
₴15517
₴16267
₴23576
₴25660
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.

-
-
-
37 000
work injury
-
-
-
185
unemployment
-
-
-
444
income
-
-
-
5 518
health insurance
-
-
-
2 738
pensions
-
-
-
6 808
total
-
-
-
15 693
Employee

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

9 264
-
37 000
-
income
926
-
5 518
-
work injury
46
-
171
-
pensions
1 705
-
6 307
-
unemployment
111
-
411
-
health insurance
686
-
2 536
-
total
3 474
-
14 943
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 736
37 000
-
-
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
27 736
37 000
-
-
withholding
4 160
5 550
-
-
total
4 160
5 550
-
-
Income
37 000
37 000
37 000
37 000
Total tax
7 634
5 550
14 943
15 693
After tax
29 366
31 450
22 057
21 307
Living cost
5 790
5 790
5 790
5 790
Free-cash
23 576
25 660
16 267
15 517

Estimated living cost  is ₴5790 per week

₴3587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1602
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

Close
Rome , Italy
₴2021
₴329
₴459
₴2407
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
social contributions
-
-
-
9 517
municipal
-
-
-
247
national
-
-
-
7 449
regional
-
-
-
685
total
-
-
-
17 898
Employee
36 131
-
37 000
-
national
6 106
-
6 325
-
social contributions
12 183
-
12 476
-
municipal
216
-
221
-
regional
545
-
568
-
total
19 050
-
19 590
-
Employer
36 131
-
37 000
-
total
-
-
-
-
Corporate
869
37 000
-
-
nationa
208
8 880
-
-
municipal
41
1 784
-
-
total
249
10 664
-
-
Dividends
619
26 337
-
-
withholding
161
6 848
-
-
total
161
6 848
-
-
Income
37 000
37 000
37 000
37 000
Total tax
19 460
17 512
19 590
17 898
After tax
17 540
19 488
17 410
19 102
Living cost
17 081
17 081
17 081
17 081
Free-cash
459
2 407
329
2 021

Estimated living cost  is ₴17081 per week

₴11999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1175
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.
₴3649
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close