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
₴ 37500
per

Your estimated
City
free-cash

Valencia , Spain
₴15288
₴10947
₴12411
₴16823
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
-
-
-
37 500
unemployment
-
-
-
197
income
-
-
-
8 262
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
16 722
Employee
11 251
-
28 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
7 404
-
other
11
-
28
-
total
2 883
-
9 195
-
Employer
11 251
-
28 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
22 662
37 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

3 399
5 625
-
-
total
3 399
5 625
-
-
Dividends
19 263
31 875
-
-
withholding
3 976
6 685
-
-
total
3 976
6 685
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 845
12 310
18 186
16 722
After tax
23 655
25 190
19 314
20 778
Living cost
8 367
8 367
8 367
8 367
Free-cash
15 288
16 823
10 947
12 411

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴17389
₴13531
₴11981
₴19444
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
-
-
-
37 500
pensions

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

-
-
-
9 000
income
-
-
-
4 980
other
-
-
-
1 781
health
-
-
-
1 650
total
-
-
-
17 411
Employee
11 048
-
29 952
-
health
155
-
419
-
unemployment
110
-
300
-
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.

773
-
2 097
-
income
1 902
-
5 496
-
total
2 940
-
8 312
-
Employer
11 048
-
29 952
-
health
155
-
419
-
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.

1 878
-
5 092
-
accident
88
-
240
-
unemployment
110
-
300
-
other
553
-
1 498
-
total
2 784
-
7 549
-
Corporate
23 668
37 500
-
-
income
4 970
7 875
-
-
total
4 970
7 875
-
-
Dividends
18 698
29 625
-
-
withholding
1 309
2 073
-
-
total
1 309
2 073
-
-
Income
37 500
37 500
37 500
37 500
Total tax
12 003
9 948
15 861
17 411
After tax
25 497
27 552
21 639
20 089
Living cost
8 108
8 108
8 108
8 108
Free-cash
17 389
19 444
13 531
11 981

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴26663
₴26347
₴25052
₴28075
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
-
-
-
37 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
5 625
health
-
-
-
1 222
total
-
-
-
8 461
Employee
5 280
-
35 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
3 542
-
total
1 293
-
5 081
-
Employer
5 280
-
35 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
31 184
37 500
-
-
income
3 118
3 750
-
-
total
3 118
3 750
-
-
Dividends
28 065
33 750
-
-
withholding
1 403
1 688
-
-
total
1 403
1 688
-
-
Income
37 500
37 500
37 500
37 500
Total tax
6 850
5 438
7 166
8 461
After tax
30 650
32 062
30 334
29 039
Living cost
3 987
3 987
3 987
3 987
Free-cash
26 663
28 075
26 347
25 052

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
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.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴10288
₴11991
₴10984
₴8490
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
-
-
-
37 500
income
-
-
-
4 572
other
-
-
-
1 162
health
-
-
-
1 083
social contributions
-
-
-
1 068
pensions
-
-
-
8 221
surtax
-
-
-
-
total
-
-
-
16 106
Employee
13 022
-
29 934
-
pensions
1 472
-
1 693
-
income
769
-
4 987
-
social contributions
371
-
853
-
surtax
-
-
-
-
total
2 612
-
7 533
-
Employer
13 022
-
29 934
-
health
912
-
2 310
-
social contributions
39
-
90
-
pensions
2 139
-
2 920
-
unemployment
527
-
1 213
-
other
449
-
1 033
-
total
4 066
-
7 566
-
Corporate
20 411
37 500
-
-
income
5 715
10 500
-
-
surtax
-
-
-
-
total
5 715
10 500
-
-
Dividends
14 696
27 000
-
-
social contributions
2 528
4 644
-
-
surtax
-
-
-
-
withholding
1 881
3 456
-
-
total
4 409
8 100
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 802
18 600
15 099
16 106
After tax
20 698
18 900
22 401
21 394
Living cost
10 410
10 410
10 410
10 410
Free-cash
10 288
8 490
11 991
10 984

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴3717
₴7618
₴8796
₴5582
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
-
-
-
37 500
pensions
-
-
-
3 565
income
-
-
-
8 641
health
-
-
-
3 752
total
-
-
-
15 958
Employee
25 983
25 983
31 912
-
health
3 988
3 392
3 730
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
4 253
-
total
12 918
11 210
11 548
-
Employer
25 983
25 983
31 912
-
health
1 806
1 806
2 218
-
pensions
1 808
1 808
2 221
-
unemployment
935
935
1 149
-
total
4 549
4 549
5 588
-
Corporate
7 285
6 967
-
-
income
1 457
1 393
-
-
total
1 457
1 393
-
-
Dividends
5 829
5 573
-
-
income
1 239
1 184
-
-
withholding
874
836
-
-
total
2 113
2 020
-
-
Income
37 500
37 500
37 500
37 500
Total tax
21 037
19 172
17 136
15 958
After tax
16 463
18 328
20 364
21 542
Living cost
12 746
12 746
12 746
12 746
Free-cash
3 717
5 582
7 618
8 796

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
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.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴13088
₴15859
₴12181
₴9725
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.

-
-
-
37 500
trade
-
-
-
3 678
income

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

-
-
-
9 807
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.

-
-
-
2 079
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.

-
-
-
539
total
-
-
-
16 103
Employee

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

11 638
-
37 500
-
health

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

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

2 079
-
2 079
-
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.

325
-
9 807
-
surtax

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

18
-
539
-
total
2 422
-
12 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 862
37 500
-
-
income
3 880
5 625
-
-
trade
4 073
5 906
-
-
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.

214
309
-
-
chamber of commerce
83
100
-
-
total
8 250
11 940
-
-
Dividends
17 613
25 559
-
-
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.

236
345
-
-
withholding
4 288
6 274
-
-
total
4 524
6 619
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 196
18 559
12 425
16 103
After tax
22 304
18 941
25 075
21 397
Living cost
9 216
9 216
9 216
9 216
Free-cash
13 088
9 725
15 859
12 181

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₴18707
₴18840
₴19241
₴20364
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
-
-
-
37 500
income
-
-
-
5 335
health
-
-
-
956
social contributions
-
-
-
4 923
total
-
-
-
11 214
Employee
23 397
23 397
34 247
-
health
181
398
582
-
income
2 548
2 166
5 162
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
8 363
-
Employer
23 397
23 397
34 247
-
health
197
433
633
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 252
-
Corporate
25 760
11 728
-
-
income
3 220
1 466
-
-
total
3 220
1 466
-
-
Dividends
22 540
10 262
-
-
withholding
3 832
1 744
-
-
total
3 832
1 744
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 748
10 091
11 615
11 214
After tax
25 752
27 409
25 885
26 286
Living cost
7 045
7 045
7 045
7 045
Free-cash
18 707
20 364
18 840
19 241

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
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.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴11479
₴8729
₴11077
₴11786
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.

-
-
-
37 500
income
-
-
-
3 848
social contributions

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

-
-
-
13 031
surtax
-
-
-
-
total
-
-
-
16 879
Employee
13 994
-
30 303
-
income
2 911
-
8 697
-
social contributions
1 539
-
3 333
-
surtax
-
-
-
-
total
4 450
-
12 030
-
Employer
13 994
-
30 303
-
social contributions
3 324
-
7 197
-
total
3 324
-
7 197
-
Corporate
20 182
37 500
-
-
income
4 238
7 875
-
-
surtax
-
-
-
-
total
4 238
7 875
-
-
Dividends
15 944
29 625
-
-
withholding
4 465
8 295
-
-
total
4 465
8 295
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 477
16 170
19 227
16 879
After tax
21 023
21 330
18 273
20 621
Living cost
9 544
9 544
9 544
9 544
Free-cash
11 479
11 786
8 729
11 077

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴32825
₴27642
₴34767
₴33267
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%.

-
-
-
37 500
microenterprise

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

-
-
-
375
total
-
-
-
375
Employee
2 948
-
37 500
-
income
589
-
7 500
-
total
589
-
7 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

34 552
37 500
-
-
total
-
-
-
-
Dividends
34 552
37 500
-
-
withholding
1 728
1 875
-
-
total
1 728
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
2 317
1 875
7 500
375
After tax
35 183
35 625
30 000
37 125
Living cost
2 358
2 358
2 358
2 358
Free-cash
32 825
33 267
27 642
34 767

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
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.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₴15112
₴9856
₴10930
₴17658
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.

-
-
-
37 500
pensions
-
-
-
6 849
unemployment
-
-
-
56
income
-
-
-
7 814
health
-
-
-
3 690
total
-
-
-
18 409
Employee

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

13 455
-
32 448
-
health
869
-
2 096
-
unemployment
19
-
46
-
pensions
2 086
-
5 029
-
income
2 320
-
7 260
-
total
5 294
-
14 431
-
Employer

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

13 455
-
32 448
-
health
896
-
2 161
-
pensions
1 191
-
2 871
-
unemployment
8
-
20
-
total
2 095
-
5 052
-
Corporate
21 950
37 500
-
-
income
4 171
7 125
-
-
total
4 171
7 125
-
-
Dividends
17 780
30 375
-
-
withholding
2 667
4 556
-
-
total
2 667
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 227
11 681
19 483
18 409
After tax
23 273
25 819
18 017
19 091
Living cost
8 161
8 161
8 161
8 161
Free-cash
15 112
17 658
9 856
10 930

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴12786
₴16600
₴15870
₴11722
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.

-
-
-
37 500
income
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
36 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
7 055
-
total
2 913
-
8 455
-
Employer
13 958
-
36 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
22 143
37 500
-
-
income
7 750
13 125
-
-
total
7 750
13 125
-
-
Dividends
14 393
24 375
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 669
14 733
9 855
10 585
After tax
23 831
22 767
27 645
26 915
Living cost
11 045
11 045
11 045
11 045
Free-cash
12 786
11 722
16 600
15 870

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴16583
₴17331
₴17631
₴16426
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
-
-
-
37 500
income
-
-
-
5 625
health
-
-
-
2 617
social contributions
-
-
-
5 175
total
-
-
-
13 417
Employee
10 317
-
37 500
-
health
720
-
2 617
-
income
1 721
-
5 925
-
social contributions
1 424
-
5 175
-
total
3 865
-
13 717
-
Employer
10 317
-
37 500
-
total
-
-
-
-
Corporate
27 183
37 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 359
1 875
-
-
total
1 359
1 875
-
-
Dividends
25 824
35 625
-
-
social contributions
3 564
4 916
-
-
withholding
3 874
5 344
-
-
health
1 803
2 487
-
-
total
9 241
12 747
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 465
14 622
13 717
13 417
After tax
23 035
22 878
23 783
24 083
Living cost
6 452
6 452
6 452
6 452
Free-cash
16 583
16 426
17 331
17 631

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴14264
₴10513
₴10601
₴17302
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
-
-
-
37 500
income
-
-
-
3 374
health
-
-
-
5 062
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
-
total
-
-
-
18 382
Employee
12 525
-
27 985
-
health
1 691
-
3 778
-
solidarity contribution
-
-
-
-
income
1 503
-
3 358
-
social contributions
814
-
1 819
-
total
4 008
-
8 955
-
Employer
12 525
-
27 985
-
health
1 127
-
2 519
-
social contributions
3 131
-
6 996
-
total
4 258
-
9 515
-
Corporate
20 716
37 500
-
-
income
3 936
7 125
-
-
total
3 936
7 125
-
-
Dividends
16 780
30 375
-
-
withholding
2 517
4 556
-
-
total
2 517
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 719
11 681
18 470
18 382
After tax
22 781
25 819
19 030
19 118
Living cost
8 517
8 517
8 517
8 517
Free-cash
14 264
17 302
10 513
10 601

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴31261
₴26325
₴33450
₴31950
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%.

-
-
-
37 500
microenterprise

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

-
-
-
375
total
-
-
-
375
Employee
4 594
-
37 500
-
income
919
-
7 500
-
total
919
-
7 500
-
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%.

32 906
37 500
-
-
total
-
-
-
-
Dividends
32 906
37 500
-
-
withholding
1 645
1 875
-
-
total
1 645
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
2 564
1 875
7 500
375
After tax
34 936
35 625
30 000
37 125
Living cost
3 675
3 675
3 675
3 675
Free-cash
31 261
31 950
26 325
33 450

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
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.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₴6296
₴7705
₴6698
₴4204
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
-
-
-
37 500
income
-
-
-
4 572
other
-
-
-
1 162
health
-
-
-
1 083
social contributions
-
-
-
1 068
pensions
-
-
-
8 221
surtax
-
-
-
-
total
-
-
-
16 106
Employee
19 057
-
29 934
-
pensions
2 155
-
1 693
-
income
1 663
-
4 987
-
social contributions
543
-
853
-
surtax
-
-
-
-
total
4 361
-
7 533
-
Employer
19 057
-
29 934
-
health
1 334
-
2 310
-
social contributions
57
-
90
-
pensions
3 131
-
2 920
-
unemployment
772
-
1 213
-
other
658
-
1 033
-
total
5 952
-
7 566
-
Corporate
12 491
37 500
-
-
income
3 497
10 500
-
-
surtax
-
-
-
-
total
3 497
10 500
-
-
Dividends
8 994
27 000
-
-
social contributions
1 547
4 644
-
-
surtax
-
-
-
-
withholding
1 151
3 456
-
-
total
2 698
8 100
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 508
18 600
15 099
16 106
After tax
20 992
18 900
22 401
21 394
Living cost
14 696
14 696
14 696
14 696
Free-cash
6 296
4 204
7 705
6 698

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴20357
₴15671
₴15672
₴21848
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.

-
-
-
37 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
8 108
health
-
-
-
2 309
total
-
-
-
16 582
Employee

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

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

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

7 911
-
33 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
8 108
-
total
2 664
-
12 570
-
Employer

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

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

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

7 911
-
33 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
28 173
37 500
-
-
income
4 226
5 625
-
-
total
4 226
5 625
-
-
Dividends
23 947
31 875
-
-
withholding
3 592
4 781
-
-
total
3 592
4 781
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 897
10 406
16 583
16 582
After tax
25 603
27 094
20 917
20 918
Living cost
5 246
5 246
5 246
5 246
Free-cash
20 357
21 848
15 671
15 672

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
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.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴5310
₴8278
₴10099
-₴3541
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
-
-
-
37 500
pensions
-
-
-
3 450
city
-
-
-
395
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.

-
-
-
750
health
-
-
-
84
regional
-
-
-
1 608
national
-
-
-
425
total
-
-
-
6 712
Employee
24 212
-
33 565
-
health
55
-
75
-
unemployment
-
-
-
-
city
260
-
361
-
pensions
2 034
-
2 819
-
regional
793
-
1 375
-
national
115
-
338
-
total
3 257
-
4 968
-
Employer
24 212
-
33 565
-
health
55
-
75
-
pensions
2 034
-
2 819
-
unemployment
-
-
-
-
other

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

484
-
671
-
total
2 573
-
3 565
-
Corporate
10 449
37 500
-
-
regional
2 210
7 931
-
-
national
888
3 188
-
-
total
3 098
11 119
-
-
Dividends
7 351
26 381
-
-
withholding
2 573
9 233
-
-
total
2 573
9 233
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 501
20 352
8 533
6 712
After tax
25 999
17 148
28 967
30 788
Living cost
20 689
20 689
20 689
20 689
Free-cash
5 310
-3 541
8 278
10 099

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₴12728
₴9014
₴14156
₴12711
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

-
-
-
37 500
municipal
-
-
-
6 669
health
-
-
-
450
national
-
-
-
4 543
total
-
-
-
11 662
Employee
16 008
-
31 547
-
health
120
-
359
-
unemployment
240
-
473
-
pensions
1 080
-
2 129
-
national
264
-
2 745
-
municipal
2 622
-
5 145
-
total
4 326
-
10 851
-
Employer
16 008
-
31 547
-
health
123
-
243
-
pensions
2 777
-
5 473
-
accident
16
-
32
-
unemployment
104
-
205
-
total
3 020
-
5 953
-
Corporate
18 471
37 500
-
-
income
3 694
7 500
-
-
total
3 694
7 500
-
-
Dividends

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

11 083
22 500
-
-
municipal
1 995
4 050
-
-
national
55
1 557
-
-
total
2 050
5 607
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 090
13 107
16 804
11 662
After tax
24 410
24 393
20 696
25 838
Living cost
11 682
11 682
11 682
11 682
Free-cash
12 728
12 711
9 014
14 156

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₴5348
₴3005
₴5767
₴9912
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
-
-
-
37 500
communal

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

-
-
-
1 892
social contributions
-
-
-
5 978
national
-
-
-
12 769
total
-
-
-
20 639
Employee

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

21 765
-
29 045
-
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.

1 023
-
1 365
-
communal

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

1 135
-
1 515
-
unemployment

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

189
-
253
-
pensions

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

1 632
-
2 179
-
national
6 691
-
9 633
-
total
10 670
-
14 945
-
Employer

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

21 765
-
29 045
-
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.

1 338
-
1 786
-
pensions

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

1 929
-
2 574
-
surtax
2 468
-
3 294
-
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.

283
-
378
-
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.

318
-
424
-
total
6 336
-
8 456
-
Corporate
9 400
37 500
-
-
income
1 880
7 500
-
-
surtax
38
150
-
-
total
1 918
7 650
-
-
Dividends
7 482
29 850
-
-
withholding

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

2 134
8 844
-
-
total
2 134
8 844
-
-
Income
37 500
37 500
37 500
37 500
Total tax
21 058
16 494
23 401
20 639
After tax
16 442
21 006
14 099
16 861
Living cost
11 094
11 094
11 094
11 094
Free-cash
5 348
9 912
3 005
5 767

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴6973
₴6578
₴6870
₴7270
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
-
-
-
37 500
unemployment
-
-
-
29
municipal
-
-
-
8 682
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
358
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
17 425
Employee
18 816
-
28 535
-
national
-
-
242
-
municipal
5 611
-
8 509
-
total
5 611
-
8 751
-
Employer
18 816
-
28 535
-
health
1 157
-
1 755
-
pensions
2 034
-
3 085
-
accident
38
-
57
-
unemployment
497
-
753
-
other
2 186
-
3 316
-
total
5 912
-
8 966
-
Corporate
12 772
37 500
-
-
income
2 810
8 250
-
-
total
2 810
8 250
-
-
Dividends
9 962
29 250
-
-
withholding
2 989
8 775
-
-
total
2 989
8 775
-
-
Income
37 500
37 500
37 500
37 500
Total tax
17 322
17 025
17 717
17 425
After tax
20 178
20 475
19 783
20 075
Living cost
13 205
13 205
13 205
13 205
Free-cash
6 973
7 270
6 578
6 870

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴13317
₴18311
₴11210
₴8109
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
-
-
-
37 500
income
-
-
-
7 309
social contributions
-
-
-
4 275
total
-
-
-
11 584
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
-
37 500
-
-
income
-
8 250
-
-
total
-
8 250
-
-
Dividends
-
29 250
-
-
income
-
6 435
-
-
total
-
6 435
-
-
Income
37 500
37 500
37 500
37 500
Total tax
36 111
14 685
4 483
11 584
After tax
1 389
22 815
33 017
25 916
Living cost
14 706
14 706
14 706
14 706
Free-cash
-13 317
8 109
18 311
11 210

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴16278
₴16016
₴16417
₴17540
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
-
-
-
37 500
income
-
-
-
5 335
health
-
-
-
956
social contributions
-
-
-
4 923
total
-
-
-
11 214
Employee
23 397
23 397
34 247
-
health
233
398
582
-
income
2 457
2 166
5 162
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
8 363
-
Employer
23 397
23 397
34 247
-
health
253
433
633
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 252
-
Corporate
22 414
11 728
-
-
income
2 802
1 466
-
-
total
2 802
1 466
-
-
Dividends
19 613
10 262
-
-
withholding
3 334
1 744
-
-
total
3 334
1 744
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 353
10 091
11 615
11 214
After tax
26 147
27 409
25 885
26 286
Living cost
9 869
9 869
9 869
9 869
Free-cash
16 278
17 540
16 016
16 417

Estimated living cost  is ₴9869 per week

₴6746
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.
₴166
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.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴15513
₴11544
₴15017
₴15165
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
-
-
-
37 500
income
-
-
-
9 199
pensions
-
-
-
2 360
total
-
-
-
11 559
Employee
14 994
-
32 891
-
health
196
-
533
-
pensions
1 144
-
3 007
-
income
2 731
-
6 883
-
total
4 071
-
10 423
-
Employer
14 994
-
32 891
-
health
285
-
625
-
pensions
1 515
-
3 984
-
total
1 800
-
4 609
-
Corporate
20 706
37 500
-
-
income

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

3 934
7 125
-
-
total
3 934
7 125
-
-
Dividends
16 772
30 375
-
-
withholding
1 258
4 286
-
-
total
1 258
4 286
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 063
11 411
15 032
11 559
After tax
26 437
26 089
22 468
25 941
Living cost
10 924
10 924
10 924
10 924
Free-cash
15 513
15 165
11 544
15 017

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴6246
₴4495
₴6209
₴7632
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
-
-
-
37 500
municipal
-
-
-
251
regional
-
-
-
814
social contributions
-
-
-
9 645
national
-
-
-
8 460
total
-
-
-
19 170
Employee
25 640
-
37 500
-
social contributions
8 646
-
12 645
-
regional
387
-
696
-
national
4 333
-
7 320
-
municipal
153
-
223
-
total
13 519
-
20 884
-
Employer
25 640
-
37 500
-
total
-
-
-
-
Corporate
11 860
37 500
-
-
nationa
2 847
9 000
-
-
municipal
572
1 807
-
-
total
3 419
10 807
-
-
Dividends
8 442
26 693
-
-
withholding
2 195
6 940
-
-
total
2 195
6 940
-
-
Income
37 500
37 500
37 500
37 500
Total tax
19 133
17 747
20 884
19 170
After tax
18 367
19 753
16 616
18 330
Living cost
12 121
12 121
12 121
12 121
Free-cash
6 246
7 632
4 495
6 209

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴2041
₴13361
₴19190
-₴3460
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
-
-
-
37 500
pensions
-
-
-
1 229
income
-
-
-
9 755
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
11 812
Employee
10 222
-
32 891
-
health
1 170
-
3 766
-
pensions
1 151
-
2 253
-
income
1 402
-
7 013
-
total
3 723
-
13 032
-
Employer
10 222
-
32 891
-
pensions
1 662
-
3 254
-
accident
171
-
549
-
unemployment
250
-
806
-
total
2 083
-
4 609
-
Corporate
25 195
37 500
-
-
income

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

22 676
33 750
-
-
total
22 676
33 750
-
-
Dividends
2 519
3 750
-
-
withholding
479
712
-
-
total
479
712
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 961
34 462
17 641
11 812
After tax
8 539
3 038
19 859
25 688
Living cost
6 498
6 498
6 498
6 498
Free-cash
2 041
-3 460
13 361
19 190

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₴11559
₴13328
₴9977
₴7580
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.

-
-
-
37 500
trade
-
-
-
3 351
income

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

-
-
-
9 807
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.

-
-
-
2 079
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.

-
-
-
539
total
-
-
-
15 776
Employee

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

15 139
-
37 500
-
health

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

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

2 079
-
2 079
-
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.

1 245
-
9 807
-
surtax

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

69
-
539
-
total
3 393
-
12 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 361
37 500
-
-
income
3 354
5 625
-
-
trade
3 209
5 381
-
-
surtax

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

184
309
-
-
chamber of commerce
79
101
-
-
total
6 826
11 416
-
-
Dividends
15 535
26 083
-
-
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.

207
352
-
-
withholding
3 768
6 405
-
-
total
3 975
6 757
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 194
18 173
12 425
15 776
After tax
23 306
19 327
25 075
21 724
Living cost
11 747
11 747
11 747
11 747
Free-cash
11 559
7 580
13 328
9 977

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₴21173
₴14726
₴4353
₴23670
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.

-
-
-
37 500
income
-
-
-
5 597
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
9 562
total
-
-
-
26 817
Employee
8 891
-
30 220
-
income
1 583
-
5 840
-
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.

978
-
3 324
-
surtax
-
-
-
-
total
2 561
-
9 164
-
Employer
8 891
-
30 220
-
social contributions

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

2 142
-
7 280
-
surtax
-
-
-
-
total
2 142
-
7 280
-
Corporate
26 467
37 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

5 294
7 500
-
-
total
5 294
7 500
-
-
Dividends

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

21 174
30 000
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
9 997
7 500
16 444
26 817
After tax
27 503
30 000
21 056
10 683
Living cost
6 330
6 330
6 330
6 330
Free-cash
21 173
23 670
14 726
4 353

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
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.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴18995
₴18100
₴18371
₴19617
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
-
-
-
37 500
income
-
-
-
10 587
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
15 346
Employee
5 761
-
34 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
10 442
-
total
1 980
-
12 512
-
Employer
5 761
-
34 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
30 442
37 500
-
-
income
6 697
8 250
-
-
total
6 697
8 250
-
-
Dividends
23 745
29 250
-
-
withholding
4 749
5 850
-
-
total
4 749
5 850
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 722
14 100
15 617
15 346
After tax
22 778
23 400
21 883
22 154
Living cost
3 783
3 783
3 783
3 783
Free-cash
18 995
19 617
18 100
18 371

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
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.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴15786
₴10739
₴11358
₴16753
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
-
-
-
37 500
pensions
-
-
-
7 500
unemployment
-
-
-
69
income
-
-
-
7 998
other
-
-
-
-
health
-
-
-
2 662
surtax
-
-
-
1 079
total
-
-
-
19 308
Employee
10 247
-
30 979
-
health
262
-
790
-
unemployment
713
-
2 156
-
pensions
684
-
2 067
-
income
1 718
-
7 412
-
other
-
-
-
-
surtax
36
-
981
-
total
3 413
-
13 406
-
Employer
10 247
-
30 979
-
health
466
-
1 409
-
pensions
1 366
-
4 130
-
unemployment
325
-
982
-
other
-
-
-
-
total
2 157
-
6 521
-
Corporate
25 096
37 500
-
-
income
6 525
9 750
-
-
total
6 525
9 750
-
-
Dividends
18 571
27 750
-
-
withholding
2 785
4 163
-
-
total
2 785
4 163
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 880
13 913
19 927
19 308
After tax
22 620
23 587
17 573
18 192
Living cost
6 834
6 834
6 834
6 834
Free-cash
15 786
16 753
10 739
11 358

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴11077
₴769
₴9058
₴11228
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
-
-
-
37 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
150
unemployment
-
-
-
1 866
income
-
-
-
7 424