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

Andorra , Andorra
₴17985
₴22131
₴18982
₴23299
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
social contributions
-
-
-
8 250
income
-
-
-
814
total
-
-
-
9 064
Employee
11 178
-
32 467
-
social contributions
726
-
2 110
-
income
-
-
924
-
total
726
-
3 034
-
Employer
11 178
-
32 467
-
social contributions
1 733
-
5 033
-
total
1 733
-
5 033
-
Corporate
24 590
37 500
-
-
income
2 459
3 750
-
-
total
2 459
3 750
-
-
Dividends
22 131
33 750
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
4 918
3 750
8 067
9 064
After tax
32 582
33 750
29 433
28 436
Living cost
10 451
10 451
10 451
10 451
Free-cash
22 131
23 299
18 982
17 985

Estimated living cost  is ₴10451 per week

₴6758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
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.
₴2709
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.

Graz , Austria
₴7740
₴9749
-₴58
₴9920
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
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
2 869
chamber of commerce
-
-
-
150
pensions
-
-
-
6 938
income
-
-
-
6 579
total
-
-
-
18 668
Employee
15 198
13 856
29 119
-
unemployment
456
416
874
-
other
152
139
291
-
income
1 354
1 022
5 859
-
pensions
1 556
1 419
2 982
-
health
588
536
1 127
-
total
4 106
3 532
11 133
-
Employer
15 198
13 856
29 119
-
pensions
1 907
1 739
3 655
-
surtax
-
-
-
-
payroll
456
416
874
-
other
722
658
1 383
-
health
575
524
1 101
-
accident
197
180
379
-
unemployment
456
416
874
-
chamber of commerce
61
55
117
-
total
4 374
3 988
8 383
-
Corporate
17 928
19 657
27 800
-
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.

4 482
4 914
6 950
-
total
4 482
4 914
6 950
-
Dividends
13 446
14 742
-
-
withholding
3 697
4 054
-
-
total
3 697
4 054
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 659
16 488
26 466
18 668
After tax
20 841
21 012
11 034
18 832
Living cost
11 092
11 092
11 092
11 092
Free-cash
9 749
9 920
-58
7 740

Estimated living cost  is ₴11092 per week

₴6654
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.
₴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.
₴3108
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.

Vienna , Austria
₴6512
₴8188
-₴1225
₴8723
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
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
2 869
chamber of commerce
-
-
-
150
pensions
-
-
-
6 938
income
-
-
-
6 579
total
-
-
-
18 737
Employee
17 376
13 856
29 066
-
unemployment
521
416
872
-
other
174
139
291
-
income
1 978
1 022
5 840
-
pensions
1 779
1 419
2 976
-
health
672
536
1 125
-
total
5 124
3 532
11 104
-
Employer
17 376
13 856
29 066
-
pensions
2 181
1 739
3 648
-
surtax
69
69
69
-
payroll
521
416
872
-
other
825
658
1 380
-
health
656
524
1 099
-
accident
226
180
378
-
unemployment
521
416
872
-
chamber of commerce
69
55
116
-
total
5 068
4 057
8 434
-
Corporate
15 056
19 588
27 746
-
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.

3 764
4 897
6 936
-
total
3 764
4 897
6 936
-
Dividends
11 292
14 691
-
-
withholding
3 105
4 040
-
-
total
3 105
4 040
-
-
Income
37 500
37 500
37 500
37 500
Total tax
17 061
16 526
26 474
18 737
After tax
20 439
20 974
11 026
18 763
Living cost
12 251
12 251
12 251
12 251
Free-cash
8 188
8 723
-1 225
6 512

Estimated living cost  is ₴12251 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1045
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.
₴2834
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.

Brussels , Belgium
₴4602
₴3131
₴1778
₴8344
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
national
-
-
-
12 333
communal

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

-
-
-
1 890
social contributions
-
-
-
5 998
total
-
-
-
20 221
Employee

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

24 870
-
29 045
-
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.

216
-
253
-
national
7 646
-
9 279
-
communal

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

1 297
-
1 515
-
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.

1 865
-
2 179
-
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.

1 168
-
1 365
-
total
12 192
-
14 591
-
Employer

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

24 870
-
29 045
-
surtax
2 820
-
3 294
-
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.

2 204
-
2 573
-
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.

1 529
-
1 786
-
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.

323
-
377
-
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.

363
-
424
-
total
7 239
-
8 454
-
Corporate
5 391
37 500
-
-
income
1 078
7 500
-
-
surtax
22
150
-
-
total
1 100
7 650
-
-
Dividends
4 291
29 850
-
-
withholding

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

1 161
8 829
-
-
total
1 161
8 829
-
-
Income
37 500
37 500
37 500
37 500
Total tax
21 692
16 479
23 045
20 221
After tax
15 808
21 021
14 455
17 279
Living cost
12 677
12 677
12 677
12 677
Free-cash
3 131
8 344
1 778
4 602

Estimated living cost  is ₴12677 per week

₴8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3205
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
Sofia , Bulgaria
₴22649
₴23962
₴23863
₴26081
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
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
5 625
total
-
-
-
8 869
Employee
7 921
-
35 117
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
792
-
3 512
-
pensions

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

695
-
1 067
-
health
364
-
559
-
total
1 938
-
5 272
-
Employer
7 921
-
35 117
-
pensions

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

873
-
1 338
-
health
547
-
838
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 555
-
2 383
-
Corporate
28 025
37 500
-
-
income
2 802
3 750
-
-
total
2 802
3 750
-
-
Dividends
25 223
33 750
-
-
withholding
1 261
1 687
-
-
total
1 261
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
7 556
5 437
7 655
8 869
After tax
29 944
32 063
29 845
28 631
Living cost
5 982
5 982
5 982
5 982
Free-cash
23 962
26 081
23 863
22 649

Estimated living cost  is ₴5982 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1541
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
₴24072
₴25889
₴25286
₴27504
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
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
5 625
total
-
-
-
8 869
Employee
6 037
-
35 117
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
income
604
-
3 512
-
pensions

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

530
-
1 067
-
health
278
-
559
-
total
1 478
-
5 272
-
Employer
6 037
-
35 117
-
pensions

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

665
-
1 338
-
health
417
-
838
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
unemployment
36
-
73
-
total
1 184
-
2 383
-
Corporate
30 278
37 500
-
-
income
3 028
3 750
-
-
total
3 028
3 750
-
-
Dividends
27 251
33 750
-
-
withholding
1 362
1 687
-
-
total
1 362
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
7 052
5 437
7 655
8 869
After tax
30 448
32 063
29 845
28 631
Living cost
4 559
4 559
4 559
4 559
Free-cash
25 889
27 504
25 286
24 072

Estimated living cost  is ₴4559 per week

₴2662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
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.
₴1451
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
Larnaca , Cyprus
₴18338
₴17491
₴18141
₴19383
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
health
-
-
-
956
social contributions
-
-
-
5 625
income
-
-
-
4 531
total
-
-
-
11 112
Employee
26 735
26 735
34 044
-
income
2 911
2 475
4 448
-
social contributions
1 011
2 219
2 826
-
health
207
455
579
-
total
4 129
5 149
7 853
-
Employer
26 735
26 735
34 044
-
social contributions
1 011
2 219
2 826
-
health
225
495
630
-
total
1 236
2 714
3 456
-
Corporate
24 085
8 051
-
-
income
3 011
1 006
-
-
total
3 011
1 006
-
-
Dividends
21 075
7 045
-
-
withholding
3 583
1 198
-
-
total
3 583
1 198
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 959
10 067
11 309
11 112
After tax
25 541
27 433
26 191
26 388
Living cost
8 050
8 050
8 050
8 050
Free-cash
17 491
19 383
18 141
18 338

Estimated living cost  is ₴8050 per week

₴4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴2258
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
₴15111
₴14715
₴14914
₴16156
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
health
-
-
-
956
social contributions
-
-
-
5 625
income
-
-
-
4 531
total
-
-
-
11 112
Employee
26 735
26 735
34 044
-
income
2 807
2 475
4 448
-
social contributions
1 299
2 219
2 826
-
health
266
455
579
-
total
4 372
5 149
7 853
-
Employer
26 735
26 735
34 044
-
social contributions
1 299
2 219
2 826
-
health
290
495
630
-
total
1 589
2 714
3 456
-
Corporate
20 262
8 051
-
-
income
2 533
1 006
-
-
total
2 533
1 006
-
-
Dividends
17 729
7 045
-
-
withholding
3 014
1 198
-
-
total
3 014
1 198
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 508
10 067
11 309
11 112
After tax
25 992
27 433
26 191
26 388
Living cost
11 277
11 277
11 277
11 277
Free-cash
14 715
16 156
14 914
15 111

Estimated living cost  is ₴11277 per week

₴7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2498
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
Brno , Czech Republic
₴10223
₴14910
₴10989
₴17778
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
health
-
-
-
5 063
social contributions
-
-
-
10 950
income
-
-
-
3 223
solidarity contribution
-
-
-
-
total
-
-
-
19 236
Employee
11 826
-
27 985
-
income
1 419
-
3 358
-
social contributions
769
-
1 819
-
health
1 596
-
3 778
-
solidarity contribution
-
-
-
-
total
3 784
-
8 955
-
Employer
11 826
-
27 985
-
social contributions
2 956
-
6 996
-
health
1 064
-
2 519
-
total
4 020
-
9 515
-
Corporate
21 654
37 500
-
-
income
4 114
7 125
-
-
total
4 114
7 125
-
-
Dividends
17 539
30 375
-
-
withholding
2 631
4 556
-
-
total
2 631
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 549
11 681
18 470
19 236
After tax
22 951
25 819
19 030
18 264
Living cost
8 041
8 041
8 041
8 041
Free-cash
14 910
17 778
10 989
10 223

Estimated living cost  is ₴8041 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
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.
₴1726
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
₴8355
₴12375
₴9121
₴15910
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
health
-
-
-
5 063
social contributions
-
-
-
10 950
income
-
-
-
3 223
solidarity contribution
-
-
-
-
total
-
-
-
19 236
Employee
14 572
-
27 985
-
income
1 749
-
3 358
-
social contributions
947
-
1 819
-
health
1 967
-
3 778
-
solidarity contribution
-
-
-
-
total
4 663
-
8 955
-
Employer
14 572
-
27 985
-
social contributions
3 643
-
6 996
-
health
1 311
-
2 519
-
total
4 954
-
9 515
-
Corporate
17 973
37 500
-
-
income
3 415
7 125
-
-
total
3 415
7 125
-
-
Dividends
14 558
30 375
-
-
withholding
2 184
4 556
-
-
total
2 184
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 216
11 681
18 470
19 236
After tax
22 284
25 819
19 030
18 264
Living cost
9 909
9 909
9 909
9 909
Free-cash
12 375
15 910
9 121
8 355

Estimated living cost  is ₴9909 per week

₴7369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴1820
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
Copenhagen , Denmark
₴6314
-₴38459
-₴38459
-₴38459
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
national
-
-
-
4 017
pensions
-
-
-
302
municipal
-
-
-
7 101
labour market
-
-
-
2 976
total
-
-
-
14 396
Employee
70 867
70 867
70 867
-
municipal
15 091
15 091
15 091
-
national
8 658
8 658
8 658
-
pensions
101
101
101
-
labour market
5 661
5 661
5 661
-
total
29 511
29 511
29 511
-
Employer
70 867
70 867
70 867
-
pensions
201
201
201
-
labour market
5 669
5 669
5 669
-
municipal
15 115
15 115
15 115
-
national
8 673
8 673
8 673
-
total
29 658
29 658
29 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
59 169
59 169
59 169
14 396
After tax
-21 669
-21 669
-21 669
23 104
Living cost
16 790
16 790
16 790
16 790
Free-cash
-38 459
-38 459
-38 459
6 314

Estimated living cost  is ₴16790 per week

₴11491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1485
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.
₴3555
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
Tallinn , Estonia
₴11702
₴19442
₴13216
₴21602
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
health
-
-
-
4 875
pensions
-
-
-
7 500
income
-
-
-
5 025
total
-
-
-
17 400
Employee
9 863
-
28 027
-
unemployment
158
-
449
-
income
1 110
-
5 404
-
pensions
197
-
561
-
total
1 465
-
6 414
-
Employer
9 863
-
28 027
-
pensions
1 973
-
5 605
-
health
1 282
-
3 643
-
unemployment
79
-
224
-
total
3 334
-
9 472
-
Corporate
24 303
37 500
-
-
income
4 861
7 500
-
-
total
4 861
7 500
-
-
Dividends
19 442
30 000
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
9 660
7 500
15 886
17 400
After tax
27 840
30 000
21 614
20 100
Living cost
8 398
8 398
8 398
8 398
Free-cash
19 442
21 602
13 216
11 702

Estimated living cost  is ₴8398 per week

₴5760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴1969
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
Helsinki , Finland
₴12975
₴10904
₴7829
₴11377
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
national
-
-
-
4 073
health
-
-
-
432
municipal
-
-
-
6 672
total
-
-
-
11 177
Employee
18 292
-
31 547
-
unemployment
274
-
473
-
municipal
2 996
-
5 149
-
national
302
-
2 278
-
pensions
1 234
-
2 129
-
health
137
-
340
-
total
4 943
-
10 369
-
Employer
18 292
-
31 547
-
pensions
3 174
-
5 474
-
health
141
-
243
-
accident
18
-
32
-
unemployment
119
-
205
-
total
3 452
-
5 954
-
Corporate
15 756
37 500
-
-
income
3 151
7 500
-
-
total
3 151
7 500
-
-
Dividends

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

9 454
22 500
-
-
municipal
1 702
4 050
-
-
national
-
1 225
-
-
total
1 702
5 275
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 248
12 775
16 323
11 177
After tax
24 252
24 725
21 177
26 323
Living cost
13 348
13 348
13 348
13 348
Free-cash
10 904
11 377
7 829
12 975

Estimated living cost  is ₴13348 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
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.
₴3133
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.

Marseille , France
₴10799
₴10113
₴12510
₴8183
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
surtax
-
-
-
-
health
-
-
-
845
pensions
-
-
-
8 950
social contributions
-
-
-
1 068
income
-
-
-
3 958
other
-
-
-
1 163
total
-
-
-
15 984
Employee
13 283
-
30 307
-
income
685
-
4 676
-
surtax
-
-
-
-
social contributions
379
-
864
-
pensions
1 502
-
1 540
-
total
2 566
-
7 080
-
Employer
13 283
-
30 307
-
pensions
2 183
-
2 695
-
social contributions
40
-
91
-
other
459
-
1 046
-
health
930
-
2 134
-
unemployment
538
-
1 227
-
total
4 150
-
7 193
-
Corporate
20 069
37 500
-
-
income
5 619
10 500
-
-
surtax
-
-
-
-
total
5 619
10 500
-
-
Dividends
14 450
27 000
-
-
withholding
1 849
3 456
-
-
social contributions
2 486
4 644
-
-
surtax
-
-
-
-
total
4 335
8 100
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 670
18 600
14 273
15 984
After tax
20 830
18 900
23 227
21 516
Living cost
10 717
10 717
10 717
10 717
Free-cash
10 113
8 183
12 510
10 799

Estimated living cost  is ₴10717 per week

₴6215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
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.
₴3210
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
₴9621
₴9061
₴11332
₴7005
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
surtax
-
-
-
-
health
-
-
-
845
pensions
-
-
-
8 950
social contributions
-
-
-
1 068
income
-
-
-
3 958
other
-
-
-
1 163
total
-
-
-
15 984
Employee
14 880
-
30 307
-
income
878
-
4 676
-
surtax
-
-
-
-
social contributions
424
-
864
-
pensions
1 682
-
1 540
-
total
2 984
-
7 080
-
Employer
14 880
-
30 307
-
pensions
2 445
-
2 695
-
social contributions
45
-
91
-
other
513
-
1 046
-
health
1 042
-
2 134
-
unemployment
602
-
1 227
-
total
4 647
-
7 193
-
Corporate
17 973
37 500
-
-
income
5 032
10 500
-
-
surtax
-
-
-
-
total
5 032
10 500
-
-
Dividends
12 941
27 000
-
-
withholding
1 656
3 456
-
-
social contributions
2 225
4 644
-
-
surtax
-
-
-
-
total
3 881
8 100
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 544
18 600
14 273
15 984
After tax
20 956
18 900
23 227
21 516
Living cost
11 895
11 895
11 895
11 895
Free-cash
9 061
7 005
11 332
9 621

Estimated living cost  is ₴11895 per week

₴7501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
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.
₴3226
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
Paris , France
₴4723
₴4497
₴6434
₴2107
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
surtax
-
-
-
-
health
-
-
-
845
pensions
-
-
-
8 950
social contributions
-
-
-
1 068
income
-
-
-
3 958
other
-
-
-
1 163
total
-
-
-
15 984
Employee
21 776
-
30 307
-
income
1 900
-
4 676
-
surtax
-
-
-
-
social contributions
620
-
864
-
pensions
2 463
-
1 540
-
total
4 983
-
7 080
-
Employer
21 776
-
30 307
-
pensions
3 578
-
2 695
-
social contributions
65
-
91
-
other
752
-
1 046
-
health
1 524
-
2 134
-
unemployment
882
-
1 227
-
total
6 801
-
7 193
-
Corporate
8 923
37 500
-
-
income
2 499
10 500
-
-
surtax
-
-
-
-
total
2 499
10 500
-
-
Dividends
6 424
27 000
-
-
withholding
822
3 456
-
-
social contributions
1 105
4 644
-
-
surtax
-
-
-
-
total
1 927
8 100
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 210
18 600
14 273
15 984
After tax
21 290
18 900
23 227
21 516
Living cost
16 793
16 793
16 793
16 793
Free-cash
4 497
2 107
6 434
4 723

Estimated living cost  is ₴16793 per week

₴11365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3824
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
₴34898
₴32980
₴27773
₴33398
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
2 784
-
37 500
-
income
557
-
7 500
-
total
557
-
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%.

34 716
37 500
-
-
total
-
-
-
-
Dividends
34 716
37 500
-
-
withholding
1 736
1 875
-
-
total
1 736
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
2 293
1 875
7 500
375
After tax
35 207
35 625
30 000
37 125
Living cost
2 227
2 227
2 227
2 227
Free-cash
32 980
33 398
27 773
34 898

Estimated living cost  is ₴2227 per week

₴1380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
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.
₴601
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.

Tbilisi , Georgia
₴33654
₴31503
₴26529
₴32154
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
4 339
-
37 500
-
income
868
-
7 500
-
total
868
-
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%.

33 161
37 500
-
-
total
-
-
-
-
Dividends
33 161
37 500
-
-
withholding
1 658
1 875
-
-
total
1 658
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
2 526
1 875
7 500
375
After tax
34 974
35 625
30 000
37 125
Living cost
3 471
3 471
3 471
3 471
Free-cash
31 503
32 154
26 529
33 654

Estimated living cost  is ₴3471 per week

₴2349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
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.
₴860
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.

Berlin , Germany
₴9849
₴10464
₴12910
₴5916
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
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.

-
-
-
459
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.

-
-
-
2 375
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.

-
-
-
8 333
trade
-
-
-
3 061
total
-
-
-
14 228
Employee

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

17 299
-
37 500
-
income

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

1 423
-
8 333
-
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.

79
-
459
-
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.

2 375
-
2 375
-
total
3 877
-
11 167
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 201
37 500
-
-
trade
2 898
5 381
-
-
income
3 030
5 625
-
-
chamber of commerce
82
108
-
-
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
309
-
-
total
6 177
11 423
-
-
Dividends
14 023
26 077
-
-
withholding
3 374
6 387
-
-
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.

185
351
-
-
total
3 559
6 738
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 613
18 161
11 167
14 228
After tax
23 887
19 339
26 333
23 272
Living cost
13 423
13 423
13 423
13 423
Free-cash
10 464
5 916
12 910
9 849

Estimated living cost  is ₴13423 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
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.
₴2524
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.

Dresden , Germany
₴12442
₴12268
₴15802
₴8422
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
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.

-
-
-
459
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.

-
-
-
2 375
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.

-
-
-
8 333
trade
-
-
-
3 360
total
-
-
-
14 527
Employee

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

13 298
-
37 500
-
income

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

371
-
8 333
-
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.

20
-
459
-
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.

2 375
-
2 375
-
total
2 766
-
11 167
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 202
37 500
-
-
trade
3 812
5 906
-
-
income
3 630
5 625
-
-
chamber of commerce
88
107
-
-
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.

200
309
-
-
total
7 730
11 947
-
-
Dividends
16 472
25 552
-
-
withholding
3 986
6 256
-
-
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.

219
344
-
-
total
4 205
6 600
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 701
18 547
11 167
14 527
After tax
22 799
18 953
26 333
22 973
Living cost
10 531
10 531
10 531
10 531
Free-cash
12 268
8 422
15 802
12 442

Estimated living cost  is ₴10531 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
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.
₴2482
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.

Hamburg , Germany
₴9166
₴9987
₴12675
₴5103
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
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.

-
-
-
459
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.

-
-
-
2 375
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.

-
-
-
8 333
trade
-
-
-
3 509
total
-
-
-
14 676
Employee

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

17 632
-
37 500
-
income

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

1 515
-
8 333
-
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.

83
-
459
-
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.

2 375
-
2 375
-
total
3 973
-
11 167
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 868
37 500
-
-
trade
3 269
6 169
-
-
income
2 980
5 625
-
-
chamber of commerce
81
106
-
-
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.

164
309
-
-
total
6 494
12 209
-
-
Dividends
13 375
25 291
-
-
withholding
3 211
6 190
-
-
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.

177
340
-
-
total
3 388
6 530
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 855
18 739
11 167
14 676
After tax
23 645
18 761
26 333
22 824
Living cost
13 658
13 658
13 658
13 658
Free-cash
9 987
5 103
12 675
9 166

Estimated living cost  is ₴13658 per week

₴9135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2879
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.

Munich , Germany
₴6746
₴8278
₴10405
₴2639
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
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.

-
-
-
459
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.

-
-
-
2 375
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.

-
-
-
8 333
trade
-
-
-
3 659
total
-
-
-
14 826
Employee

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

20 895
-
37 500
-
income

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

2 457
-
8 333
-
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.

135
-
459
-
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.

2 375
-
2 375
-
total
4 967
-
11 167
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 605
37 500
-
-
trade
2 848
6 431
-
-
income
2 491
5 625
-
-
chamber of commerce
76
106
-
-
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.

137
309
-
-
total
5 552
12 471
-
-
Dividends
11 053
25 029
-
-
withholding
2 631
6 125
-
-
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.

144
337
-
-
total
2 775
6 462
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 294
18 933
11 167
14 826
After tax
24 206
18 567
26 333
22 674
Living cost
15 928
15 928
15 928
15 928
Free-cash
8 278
2 639
10 405
6 746

Estimated living cost  is ₴15928 per week

₴11633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
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.
₴2814
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.

Athens , Greece
₴11126
₴14673
₴10474
₴15778
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
surtax
-
-
-
940
unemployment
-
-
-
79
health
-
-
-
2 662
pensions
-
-
-
7 500
income
-
-
-
7 384
other
-
-
-
-
total
-
-
-
18 565
Employee
11 709
-
30 979
-
unemployment
815
-
2 156
-
other
-
-
-
-
income
1 963
-
6 837
-
surtax
42
-
847
-
pensions
781
-
2 066
-
health
299
-
790
-
total
3 900
-
12 696
-
Employer
11 709
-
30 979
-
pensions
1 561
-
4 130
-
other
-
-
-
-
health
532
-
1 409
-
unemployment
371
-
982
-
total
2 464
-
6 521
-
Corporate
23 326
37 500
-
-
income
6 065
9 750
-
-
total
6 065
9 750
-
-
Dividends
17 261
27 750
-
-
withholding
2 589
4 163
-
-
total
2 589
4 163
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 018
13 913
19 217
18 565
After tax
22 482
23 587
18 283
18 935
Living cost
7 809
7 809
7 809
7 809
Free-cash
14 673
15 778
10 474
11 126

Estimated living cost  is ₴7809 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
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.
₴2235
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
Thessaloniki , Greece
₴11263
₴14834
₴10611
₴15915
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
surtax
-
-
-
940
unemployment
-
-
-
79
health
-
-
-
2 662
pensions
-
-
-
7 500
income
-
-
-
7 384
other
-
-
-
-
total
-
-
-
18 565
Employee
11 498
-
30 979
-
unemployment
800
-
2 156
-
other
-
-
-
-
income
1 927
-
6 837
-
surtax
38
-
847
-
pensions
767
-
2 066
-
health
294
-
790
-
total
3 826
-
12 696
-
Employer
11 498
-
30 979
-
pensions
1 533
-
4 130
-
other
-
-
-
-
health
523
-
1 409
-
unemployment
364
-
982
-
total
2 420
-
6 521
-
Corporate
23 582
37 500
-
-
income
6 131
9 750
-
-
total
6 131
9 750
-
-
Dividends
17 451
27 750
-
-
withholding
2 617
4 163
-
-
total
2 617
4 163
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 994
13 913
19 217
18 565
After tax
22 506
23 587
18 283
18 935
Living cost
7 672
7 672
7 672
7 672
Free-cash
14 834
15 915
10 611
11 263

Estimated living cost  is ₴7672 per week

₴4691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
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.
₴2096
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
Budapest , Hungary
₴19026
₴14319
₴14786
₴14176
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
-
-
-
562
health
-
-
-
2 625
pensions
-
-
-
3 750
income
-
-
-
4 584
total
-
-
-
11 521
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.

10 037
3 994
31 381
-
unemployment
151
60
471
-
income
1 227
488
3 836
-
pensions
1 004
399
3 138
-
health
703
280
2 197
-
total
3 085
1 227
9 642
-
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.

10 037
3 994
31 381
-
pensions
1 957
779
6 119
-
total
1 957
779
6 119
-
Corporate
25 506
32 727
-
-
income
2 296
2 945
-
-
total
2 296
2 945
-
-
Dividends
23 211
29 781
-
-
withholding
4 410
5 658
-
-
social contributions
4 480
5 762
-
-
total
8 890
11 420
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 228
16 371
15 761
11 521
After tax
21 272
21 129
21 739
25 979
Living cost
6 953
6 953
6 953
6 953
Free-cash
14 319
14 176
14 786
19 026

Estimated living cost  is ₴6953 per week

₴4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
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.
₴1500
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
Reykjavik , Iceland
₴5709
₴6330
₴6003
₴6610
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
national
-
-
-
6 137
pensions
-
-
-
4 500
social contributions
-
-
-
403
municipal
-
-
-
3 961
total
-
-
-
15 001
Employee
26 027
-
32 418
-
municipal
3 215
-
4 106
-
national
4 982
-
6 362
-
pensions
1 041
-
1 297
-
total
9 238
-
11 765
-
Employer
26 027
-
32 418
-
pensions
2 082
-
2 593
-
social contributions
280
-
349
-
total
2 362
-
2 942
-
Corporate
7 393
37 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 479
7 500
-
-
total
1 479
7 500
-
-
Dividends
5 915
30 000
-
-
withholding
1 301
6 600
-
-
total
1 301
6 600
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 380
14 100
14 707
15 001
After tax
23 120
23 400
22 793
22 499
Living cost
16 790
16 790
16 790
16 790
Free-cash
6 330
6 610
6 003
5 709

Estimated living cost  is ₴16790 per week

₴11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
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.
₴3566
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.

Dublin , Ireland
₴5048
₴7212
₴5048
₴6445
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
social contributions
-
-
-
3 393
income
-
-
-
9 253
total
-
-
-
12 646
Employee
27 197
-
37 500
-
social contributions
2 259
-
3 393
-
income
5 132
-
9 253
-
total
7 391
-
12 646
-
Employer
27 197
-
37 500
-
total
-
-
-
-
Corporate
10 303
37 500
-
-
income
1 288
4 687
-
-
total
1 288
4 687
-
-
Dividends
9 016
32 813
-
-
withholding
1 803
6 562
-
-
total
1 803
6 562
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 482
11 249
12 646
12 646
After tax
27 018
26 251
24 854
24 854
Living cost
19 806
19 806
19 806
19 806
Free-cash
7 212
6 445
5 048
5 048

Estimated living cost  is ₴19806 per week

₴15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2935
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.

Milan , Italy
₴4385
₴3522
₴2601
₴5337
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
national
-
-
-
8 157
regional
-
-
-
419
social contributions
-
-
-
9 645
municipal
-
-
-
223
total
-
-
-
18 444
Employee
30 900
-
37 500
-
municipal
164
-
199
-
national
5 354
-
7 017
-
social contributions
10 419
-
12 645
-
regional
292
-
367
-
total
16 229
-
20 228
-
Employer
30 900
-
37 500
-
total
-
-
-
-
Corporate
6 600
37 500
-
-
nationa
1 584
9 000
-
-
municipal
257
1 463
-
-
total
1 841
10 463
-
-
Dividends
4 759
27 037
-
-
withholding
1 237
7 029
-
-
total
1 237
7 029
-
-
Income
37 500
37 500
37 500
37 500
Total tax
19 307
17 492
20 228
18 444
After tax
18 193
20 008
17 272
19 056
Living cost
14 671
14 671
14 671
14 671
Free-cash
3 522
5 337
2 601
4 385

Estimated living cost  is ₴14671 per week

₴10227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
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.
₴3257
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
Naples , Italy
₴9543
₴9572
₴7769
₴10345
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
national
-
-
-
8 157
regional
-
-
-
566
social contributions
-
-
-
9 645
municipal
-
-
-
223
total
-
-
-
18 591
Employee
19 286
-
37 500
-
municipal
102
-
199
-
national
3 056
-
7 017
-
social contributions
6 504
-
12 645
-
regional
260
-
504
-
total
9 922
-
20 365
-
Employer
19 286
-
37 500
-
total
-
-
-
-
Corporate
18 214
37 500
-
-
nationa
4 371
9 000
-
-
municipal
905
1 864
-
-
total
5 276
10 864
-