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
₴ 38000
per

Your estimated
City
free-cash

Andorra , Andorra
₴18306
₴22539
₴19315
₴23711
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
-
-
-
38 000
social contributions
-
-
-
8 360
income
-
-
-
845
total
-
-
-
9 205
Employee
11 218
-
32 900
-
social contributions
729
-
2 139
-
income
-
-
957
-
total
729
-
3 096
-
Employer
11 218
-
32 900
-
social contributions
1 739
-
5 100
-
total
1 739
-
5 100
-
Corporate
25 043
38 000
-
-
income
2 504
3 800
-
-
total
2 504
3 800
-
-
Dividends
22 538
34 200
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
4 972
3 800
8 196
9 205
After tax
33 028
34 200
29 804
28 795
Living cost
10 489
10 489
10 489
10 489
Free-cash
22 539
23 711
19 315
18 306

Estimated living cost  is ₴10489 per week

₴6782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴791
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.
₴2719
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
₴7922
₴9981
₴9
₴10153
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
-
-
-
38 000
surtax
-
-
-
-
unemployment
-
-
-
2 140
health
-
-
-
2 907
chamber of commerce
-
-
-
152
pensions
-
-
-
7 030
income
-
-
-
6 716
total
-
-
-
18 945
Employee
15 254
13 906
29 508
-
unemployment
458
417
885
-
other
152
139
295
-
income
1 359
1 026
5 977
-
pensions
1 562
1 424
3 022
-
health
590
538
1 142
-
total
4 121
3 544
11 321
-
Employer
15 254
13 906
29 508
-
pensions
1 914
1 746
3 703
-
surtax
-
-
-
-
payroll
458
417
885
-
other
724
660
1 402
-
health
577
526
1 115
-
accident
198
181
383
-
unemployment
458
417
885
-
chamber of commerce
61
56
118
-
total
4 390
4 003
8 491
-
Corporate
18 357
20 092
28 184
-
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.

4 589
5 023
7 046
-
total
4 589
5 023
7 046
-
Dividends
13 768
15 069
-
-
withholding
3 786
4 144
-
-
total
3 786
4 144
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 886
16 714
26 858
18 945
After tax
21 114
21 286
11 142
19 055
Living cost
11 133
11 133
11 133
11 133
Free-cash
9 981
10 153
9
7 922

Estimated living cost  is ₴11133 per week

₴6678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1137
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.
₴3119
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
₴6690
₴8413
-₴1166
₴8953
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
-
-
-
38 000
surtax
-
-
-
69
unemployment
-
-
-
2 140
health
-
-
-
2 907
chamber of commerce
-
-
-
152
pensions
-
-
-
7 030
income
-
-
-
6 716
total
-
-
-
19 014
Employee
17 439
13 906
29 455
-
unemployment
523
417
883
-
other
174
139
295
-
income
1 985
1 026
5 959
-
pensions
1 786
1 424
3 016
-
health
675
538
1 140
-
total
5 143
3 544
11 293
-
Employer
17 439
13 906
29 455
-
pensions
2 189
1 746
3 696
-
surtax
69
69
69
-
payroll
523
417
883
-
other
828
660
1 399
-
health
659
526
1 113
-
accident
226
181
383
-
unemployment
523
417
883
-
chamber of commerce
70
56
118
-
total
5 087
4 072
8 544
-
Corporate
15 474
20 023
28 131
-
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.

3 869
5 006
7 033
-
total
3 869
5 006
7 033
-
Dividends
11 606
15 017
-
-
withholding
3 192
4 129
-
-
total
3 192
4 129
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 291
16 751
26 870
19 014
After tax
20 709
21 249
11 130
18 986
Living cost
12 296
12 296
12 296
12 296
Free-cash
8 413
8 953
-1 166
6 690

Estimated living cost  is ₴12296 per week

₴8201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1049
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.
₴2844
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
₴4746
₴3344
₴1905
₴8578
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
-
-
-
38 000
national
-
-
-
12 521
communal

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

-
-
-
1 914
social contributions
-
-
-
6 096
total
-
-
-
20 531
Employee

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

24 961
-
29 433
-
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.

217
-
256
-
national
7 674
-
9 423
-
communal

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

1 302
-
1 535
-
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.

1 872
-
2 208
-
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.

1 173
-
1 383
-
total
12 238
-
14 805
-
Employer

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

24 961
-
29 433
-
surtax
2 830
-
3 337
-
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.

2 212
-
2 608
-
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.

1 535
-
1 810
-
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.

324
-
382
-
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.

364
-
430
-
total
7 265
-
8 567
-
Corporate
5 774
38 000
-
-
income
1 155
7 600
-
-
surtax
23
152
-
-
total
1 178
7 752
-
-
Dividends
4 596
30 248
-
-
withholding

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

1 252
8 947
-
-
total
1 252
8 947
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 933
16 699
23 372
20 531
After tax
16 067
21 301
14 628
17 469
Living cost
12 723
12 723
12 723
12 723
Free-cash
3 344
8 578
1 905
4 746

Estimated living cost  is ₴12723 per week

₴8195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1112
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.
₴3216
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
₴23053
₴24371
₴24291
₴26494
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
-
-
-
38 000
unemployment
-
-
-
49
health
-
-
-
1 400
pensions

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

-
-
-
1 802
income
-
-
-
5 700
total
-
-
-
8 951
Employee
7 940
-
35 611
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
794
-
3 561
-
pensions

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

697
-
1 069
-
health
365
-
560
-
total
1 943
-
5 324
-
Employer
7 940
-
35 611
-
pensions

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

875
-
1 342
-
health
548
-
840
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 558
-
2 389
-
Corporate
28 503
38 000
-
-
income
2 850
3 800
-
-
total
2 850
3 800
-
-
Dividends
25 652
34 200
-
-
withholding
1 282
1 710
-
-
total
1 282
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
7 633
5 510
7 713
8 951
After tax
30 367
32 490
30 287
29 049
Living cost
5 996
5 996
5 996
5 996
Free-cash
24 371
26 494
24 291
23 053

Estimated living cost  is ₴5996 per week

₴3966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴343
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.
₴1544
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
₴24479
₴26301
₴25717
₴27920
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
-
-
-
38 000
unemployment
-
-
-
49
health
-
-
-
1 400
pensions

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

-
-
-
1 802
income
-
-
-
5 700
total
-
-
-
8 951
Employee
6 051
-
35 611
-
accident

We are using the highest rate at 1.1%.

67
-
134
-
income
605
-
3 561
-
pensions

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

531
-
1 069
-
health
278
-
560
-
total
1 481
-
5 324
-
Employer
6 051
-
35 611
-
pensions

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

667
-
1 342
-
health
418
-
840
-
accident

We are using the highest rate at 1.1%.

67
-
134
-
unemployment
36
-
73
-
total
1 188
-
2 389
-
Corporate
30 761
38 000
-
-
income
3 076
3 800
-
-
total
3 076
3 800
-
-
Dividends
27 685
34 200
-
-
withholding
1 384
1 710
-
-
total
1 384
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
7 129
5 510
7 713
8 951
After tax
30 871
32 490
30 287
29 049
Living cost
4 570
4 570
4 570
4 570
Free-cash
26 301
27 920
25 717
24 479

Estimated living cost  is ₴4570 per week

₴2668
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.
₴1455
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
₴18651
₴17820
₴18417
₴19718
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
-
-
-
38 000
health
-
-
-
969
social contributions
-
-
-
5 646
income
-
-
-
4 655
total
-
-
-
11 270
Employee
26 832
26 832
34 498
-
income
2 922
2 484
4 553
-
social contributions
1 014
2 227
2 863
-
health
208
456
587
-
total
4 144
5 167
8 003
-
Employer
26 832
26 832
34 498
-
social contributions
1 014
2 227
2 863
-
health
226
497
638
-
total
1 240
2 724
3 501
-
Corporate
24 537
8 444
-
-
income
3 067
1 056
-
-
total
3 067
1 056
-
-
Dividends
21 469
7 388
-
-
withholding
3 650
1 256
-
-
total
3 650
1 256
-
-
Income
38 000
38 000
38 000
38 000
Total tax
12 101
10 203
11 504
11 270
After tax
25 899
27 797
26 496
26 730
Living cost
8 079
8 079
8 079
8 079
Free-cash
17 820
19 718
18 417
18 651

Estimated living cost  is ₴8079 per week

₴4842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴2266
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
₴15412
₴15032
₴15178
₴16479
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
-
-
-
38 000
health
-
-
-
969
social contributions
-
-
-
5 646
income
-
-
-
4 655
total
-
-
-
11 270
Employee
26 832
26 832
34 498
-
income
2 818
2 484
4 553
-
social contributions
1 304
2 227
2 863
-
health
267
456
587
-
total
4 389
5 167
8 003
-
Employer
26 832
26 832
34 498
-
social contributions
1 304
2 227
2 863
-
health
291
497
638
-
total
1 595
2 724
3 501
-
Corporate
20 699
8 444
-
-
income
2 587
1 056
-
-
total
2 587
1 056
-
-
Dividends
18 112
7 388
-
-
withholding
3 079
1 256
-
-
total
3 079
1 256
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 650
10 203
11 504
11 270
After tax
26 350
27 797
26 496
26 730
Living cost
11 318
11 318
11 318
11 318
Free-cash
15 032
16 479
15 178
15 412

Estimated living cost  is ₴11318 per week

₴7737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
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.
₴2507
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
₴10425
₴15196
₴11201
₴18080
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
-
-
-
38 000
health
-
-
-
5 130
social contributions
-
-
-
11 096
income
-
-
-
3 266
solidarity contribution
-
-
-
-
total
-
-
-
19 492
Employee
11 887
-
28 358
-
income
1 426
-
3 403
-
social contributions
773
-
1 843
-
health
1 605
-
3 828
-
solidarity contribution
-
-
-
-
total
3 804
-
9 074
-
Employer
11 887
-
28 358
-
social contributions
2 972
-
7 090
-
health
1 070
-
2 552
-
total
4 042
-
9 642
-
Corporate
22 071
38 000
-
-
income
4 193
7 220
-
-
total
4 193
7 220
-
-
Dividends
17 877
30 780
-
-
withholding
2 682
4 617
-
-
total
2 682
4 617
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 721
11 837
18 716
19 492
After tax
23 279
26 163
19 284
18 508
Living cost
8 083
8 083
8 083
8 083
Free-cash
15 196
18 080
11 201
10 425

Estimated living cost  is ₴8083 per week

₴5615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴575
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.
₴1735
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
₴8547
₴12648
₴9323
₴16202
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
-
-
-
38 000
health
-
-
-
5 130
social contributions
-
-
-
11 096
income
-
-
-
3 266
solidarity contribution
-
-
-
-
total
-
-
-
19 492
Employee
14 648
-
28 358
-
income
1 758
-
3 403
-
social contributions
952
-
1 843
-
health
1 978
-
3 828
-
solidarity contribution
-
-
-
-
total
4 688
-
9 074
-
Employer
14 648
-
28 358
-
social contributions
3 662
-
7 090
-
health
1 318
-
2 552
-
total
4 980
-
9 642
-
Corporate
18 371
38 000
-
-
income
3 491
7 220
-
-
total
3 491
7 220
-
-
Dividends
14 881
30 780
-
-
withholding
2 232
4 617
-
-
total
2 232
4 617
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 391
11 837
18 716
19 492
After tax
22 609
26 163
19 284
18 508
Living cost
9 961
9 961
9 961
9 961
Free-cash
12 648
16 202
9 323
8 547

Estimated living cost  is ₴9961 per week

₴7407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴552
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.
₴1829
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
₴6537
-₴38247
-₴38247
-₴38247
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
-
-
-
38 000
national
-
-
-
4 076
pensions
-
-
-
303
municipal
-
-
-
7 214
labour market
-
-
-
3 016
total
-
-
-
14 609
Employee
71 135
71 135
71 135
-
municipal
15 148
15 148
15 148
-
national
8 690
8 690
8 690
-
pensions
101
101
101
-
labour market
5 683
5 683
5 683
-
total
29 622
29 622
29 622
-
Employer
71 135
71 135
71 135
-
pensions
202
202
202
-
labour market
5 691
5 691
5 691
-
municipal
15 172
15 172
15 172
-
national
8 706
8 706
8 706
-
total
29 771
29 771
29 771
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
59 393
59 393
59 393
14 609
After tax
-21 393
-21 393
-21 393
23 391
Living cost
16 854
16 854
16 854
16 854
Free-cash
-38 247
-38 247
-38 247
6 537

Estimated living cost  is ₴16854 per week

₴11535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴3569
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
₴11940
₴19805
₴13475
₴21972
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
-
-
-
38 000
health
-
-
-
4 940
pensions
-
-
-
7 600
income
-
-
-
5 092
total
-
-
-
17 632
Employee
9 899
-
28 400
-
unemployment
158
-
454
-
income
1 114
-
5 476
-
pensions
198
-
568
-
total
1 470
-
6 498
-
Employer
9 899
-
28 400
-
pensions
1 980
-
5 680
-
health
1 287
-
3 692
-
unemployment
79
-
227
-
total
3 346
-
9 599
-
Corporate
24 755
38 000
-
-
income
4 951
7 600
-
-
total
4 951
7 600
-
-
Dividends
19 804
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
9 767
7 600
16 097
17 632
After tax
28 233
30 400
21 903
20 368
Living cost
8 428
8 428
8 428
8 428
Free-cash
19 805
21 972
13 475
11 940

Estimated living cost  is ₴8428 per week

₴5781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴502
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.
₴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
Helsinki , Finland
₴13239
₴11196
₴8029
₴11632
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

-
-
-
38 000
national
-
-
-
4 163
health
-
-
-
440
municipal
-
-
-
6 761
total
-
-
-
11 364
Employee
18 359
-
31 967
-
unemployment
275
-
479
-
municipal
3 007
-
5 217
-
national
303
-
2 341
-
pensions
1 239
-
2 158
-
health
137
-
346
-
total
4 961
-
10 541
-
Employer
18 359
-
31 967
-
pensions
3 185
-
5 547
-
health
141
-
246
-
accident
19
-
32
-
unemployment
119
-
208
-
total
3 464
-
6 033
-
Corporate
16 177
38 000
-
-
income
3 235
7 600
-
-
total
3 235
7 600
-
-
Dividends

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

9 706
22 800
-
-
municipal
1 747
4 104
-
-
national
-
1 267
-
-
total
1 747
5 371
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 407
12 971
16 574
11 364
After tax
24 593
25 029
21 426
26 636
Living cost
13 397
13 397
13 397
13 397
Free-cash
11 196
11 632
8 029
13 239

Estimated living cost  is ₴13397 per week

₴8751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴3145
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
₴11037
₴10334
₴12716
₴8396
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
-
-
-
38 000
surtax
-
-
-
-
health
-
-
-
875
pensions
-
-
-
9 013
social contributions
-
-
-
1 083
income
-
-
-
4 058
other
-
-
-
1 178
total
-
-
-
16 207
Employee
13 331
-
30 682
-
income
687
-
4 762
-
surtax
-
-
-
-
social contributions
380
-
875
-
pensions
1 508
-
1 573
-
total
2 575
-
7 210
-
Employer
13 331
-
30 682
-
pensions
2 191
-
2 748
-
social contributions
40
-
92
-
other
460
-
1 059
-
health
933
-
2 176
-
unemployment
540
-
1 243
-
total
4 164
-
7 318
-
Corporate
20 506
38 000
-
-
income
5 742
10 640
-
-
surtax
-
-
-
-
total
5 742
10 640
-
-
Dividends
14 764
27 360
-
-
withholding
1 890
3 502
-
-
social contributions
2 539
4 706
-
-
surtax
-
-
-
-
total
4 429
8 208
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 910
18 848
14 528
16 207
After tax
21 090
19 152
23 472
21 793
Living cost
10 756
10 756
10 756
10 756
Free-cash
10 334
8 396
12 716
11 037

Estimated living cost  is ₴10756 per week

₴6238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1093
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.
₴3222
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
₴9854
₴9273
₴11533
₴7213
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
-
-
-
38 000
surtax
-
-
-
-
health
-
-
-
875
pensions
-
-
-
9 013
social contributions
-
-
-
1 083
income
-
-
-
4 058
other
-
-
-
1 178
total
-
-
-
16 207
Employee
14 934
-
30 682
-
income
881
-
4 762
-
surtax
-
-
-
-
social contributions
426
-
875
-
pensions
1 689
-
1 573
-
total
2 996
-
7 210
-
Employer
14 934
-
30 682
-
pensions
2 453
-
2 748
-
social contributions
45
-
92
-
other
515
-
1 059
-
health
1 046
-
2 176
-
unemployment
605
-
1 243
-
total
4 664
-
7 318
-
Corporate
18 402
38 000
-
-
income
5 153
10 640
-
-
surtax
-
-
-
-
total
5 153
10 640
-
-
Dividends
13 249
27 360
-
-
withholding
1 696
3 502
-
-
social contributions
2 279
4 706
-
-
surtax
-
-
-
-
total
3 975
8 208
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 788
18 848
14 528
16 207
After tax
21 212
19 152
23 472
21 793
Living cost
11 939
11 939
11 939
11 939
Free-cash
9 273
7 213
11 533
9 854

Estimated living cost  is ₴11939 per week

₴7528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴971
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.
₴3237
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
₴4939
₴4697
₴6618
₴2298
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
-
-
-
38 000
surtax
-
-
-
-
health
-
-
-
875
pensions
-
-
-
9 013
social contributions
-
-
-
1 083
income
-
-
-
4 058
other
-
-
-
1 178
total
-
-
-
16 207
Employee
21 855
-
30 682
-
income
1 907
-
4 762
-
surtax
-
-
-
-
social contributions
622
-
875
-
pensions
2 472
-
1 573
-
total
5 001
-
7 210
-
Employer
21 855
-
30 682
-
pensions
3 591
-
2 748
-
social contributions
66
-
92
-
other
754
-
1 059
-
health
1 530
-
2 176
-
unemployment
885
-
1 243
-
total
6 826
-
7 318
-
Corporate
9 319
38 000
-
-
income
2 609
10 640
-
-
surtax
-
-
-
-
total
2 609
10 640
-
-
Dividends
6 710
27 360
-
-
withholding
859
3 502
-
-
social contributions
1 154
4 706
-
-
surtax
-
-
-
-
total
2 013
8 208
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 449
18 848
14 528
16 207
After tax
21 551
19 152
23 472
21 793
Living cost
16 854
16 854
16 854
16 854
Free-cash
4 697
2 298
6 618
4 939

Estimated living cost  is ₴16854 per week

₴11406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴35384
₴33445
₴28164
₴33864
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%.

-
-
-
38 000
microenterprise

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

-
-
-
380
total
-
-
-
380
Employee
2 795
-
38 000
-
income
559
-
7 600
-
total
559
-
7 600
-
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%.

35 205
38 000
-
-
total
-
-
-
-
Dividends
35 205
38 000
-
-
withholding
1 760
1 900
-
-
total
1 760
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
2 319
1 900
7 600
380
After tax
35 681
36 100
30 400
37 620
Living cost
2 236
2 236
2 236
2 236
Free-cash
33 445
33 864
28 164
35 384

Estimated living cost  is ₴2236 per week

₴1386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
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.
₴603
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
₴34136
₴31963
₴26916
₴32616
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%.

-
-
-
38 000
microenterprise

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

-
-
-
380
total
-
-
-
380
Employee
4 355
-
38 000
-
income
871
-
7 600
-
total
871
-
7 600
-
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%.

33 645
38 000
-
-
total
-
-
-
-
Dividends
33 645
38 000
-
-
withholding
1 682
1 900
-
-
total
1 682
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
2 553
1 900
7 600
380
After tax
35 447
36 100
30 400
37 620
Living cost
3 484
3 484
3 484
3 484
Free-cash
31 963
32 616
26 916
34 136

Estimated living cost  is ₴3484 per week

₴2358
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.
₴117
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.
₴863
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
₴10040
₴10689
₴13165
₴6123
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.

-
-
-
38 000
surtax

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

-
-
-
468
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.

-
-
-
2 384
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.

-
-
-
8 511
trade
-
-
-
3 125
total
-
-
-
14 488
Employee

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

17 362
-
38 000
-
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.

1 428
-
8 511
-
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
-
468
-
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.

2 384
-
2 384
-
total
3 891
-
11 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 638
38 000
-
-
trade
2 961
5 453
-
-
income
3 096
5 700
-
-
chamber of commerce
83
109
-
-
surtax

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

170
313
-
-
total
6 310
11 575
-
-
Dividends
14 327
26 425
-
-
withholding
3 449
6 474
-
-
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.

189
356
-
-
total
3 638
6 830
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 839
18 405
11 363
14 488
After tax
24 161
19 595
26 637
23 512
Living cost
13 472
13 472
13 472
13 472
Free-cash
10 689
6 123
13 165
10 040

Estimated living cost  is ₴13472 per week

₴9293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1450
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.
₴2534
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
₴12638
₴12495
₴16068
₴8636
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.

-
-
-
38 000
surtax

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

-
-
-
468
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.

-
-
-
2 384
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.

-
-
-
8 511
trade
-
-
-
3 430
total
-
-
-
14 793
Employee

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

13 347
-
38 000
-
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.

373
-
8 511
-
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.

21
-
468
-
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.

2 384
-
2 384
-
total
2 778
-
11 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 653
38 000
-
-
trade
3 883
5 985
-
-
income
3 698
5 700
-
-
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.

203
313
-
-
total
7 872
12 105
-
-
Dividends
16 781
25 894
-
-
withholding
4 063
6 341
-
-
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.

223
349
-
-
total
4 286
6 690
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 936
18 795
11 363
14 793
After tax
23 064
19 205
26 637
23 207
Living cost
10 569
10 569
10 569
10 569
Free-cash
12 495
8 636
16 068
12 638

Estimated living cost  is ₴10569 per week

₴6648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1232
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.
₴2491
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
₴9347
₴10205
₴12929
₴5302
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.

-
-
-
38 000
surtax

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

-
-
-
468
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.

-
-
-
2 384
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.

-
-
-
8 511
trade
-
-
-
3 582
total
-
-
-
14 945
Employee

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

17 696
-
38 000
-
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.

1 520
-
8 511
-
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
-
468
-
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.

2 384
-
2 384
-
total
3 987
-
11 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 304
38 000
-
-
trade
3 340
6 251
-
-
income
3 045
5 700
-
-
chamber of commerce
82
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.

168
313
-
-
total
6 635
12 371
-
-
Dividends
13 669
25 628
-
-
withholding
3 284
6 274
-
-
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.

181
345
-
-
total
3 465
6 619
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 087
18 990
11 363
14 945
After tax
23 913
19 010
26 637
23 055
Living cost
13 708
13 708
13 708
13 708
Free-cash
10 205
5 302
12 929
9 347

Estimated living cost  is ₴13708 per week

₴9168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2890
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
₴6916
₴8487
₴10651
₴2827
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.

-
-
-
38 000
surtax

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

-
-
-
468
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.

-
-
-
2 384
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.

-
-
-
8 511
trade
-
-
-
3 735
total
-
-
-
15 098
Employee

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

20 971
-
38 000
-
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.

2 466
-
8 511
-
surtax

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

136
-
468
-
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.

2 384
-
2 384
-
total
4 986
-
11 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 029
38 000
-
-
trade
2 920
6 517
-
-
income
2 554
5 700
-
-
chamber of commerce
77
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.

140
313
-
-
total
5 691
12 637
-
-
Dividends
11 337
25 363
-
-
withholding
2 702
6 208
-
-
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.

148
342
-
-
total
2 850
6 550
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 527
19 187
11 363
15 098
After tax
24 473
18 813
26 637
22 902
Living cost
15 986
15 986
15 986
15 986
Free-cash
8 487
2 827
10 651
6 916

Estimated living cost  is ₴15986 per week

₴11675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2824
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
₴11292
₴14953
₴10654
₴16064
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
-
-
-
38 000
surtax
-
-
-
963
unemployment
-
-
-
79
health
-
-
-
2 698
pensions
-
-
-
7 600
income
-
-
-
7 530
other
-
-
-
-
total
-
-
-
18 870
Employee
11 751
-
31 392
-
unemployment
818
-
2 185
-
other
-
-
-
-
income
1 970
-
6 954
-
surtax
42
-
867
-
pensions
784
-
2 094
-
health
300
-
801
-
total
3 914
-
12 901
-
Employer
11 751
-
31 392
-
pensions
1 567
-
4 184
-
other
-
-
-
-
health
534
-
1 428
-
unemployment
373
-
995
-
total
2 474
-
6 607
-
Corporate
23 775
38 000
-
-
income
6 182
9 880
-
-
total
6 182
9 880
-
-
Dividends
17 593
28 120
-
-
withholding
2 639
4 218
-
-
total
2 639
4 218
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 209
14 098
19 508
18 870
After tax
22 791
23 902
18 492
19 130
Living cost
7 838
7 838
7 838
7 838
Free-cash
14 953
16 064
10 654
11 292

Estimated living cost  is ₴7838 per week

₴4732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
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.
₴2243
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
₴11430
₴15117
₴10792
₴16202
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
-
-
-
38 000
surtax
-
-
-
963
unemployment
-
-
-
79
health
-
-
-
2 698
pensions
-
-
-
7 600
income
-
-
-
7 530
other
-
-
-
-
total
-
-
-
18 870
Employee
11 540
-
31 392
-
unemployment
803
-
2 185
-
other
-
-
-
-
income
1 934
-
6 954
-
surtax
38
-
867
-
pensions
769
-
2 094
-
health
295
-
801
-
total
3 839
-
12 901
-
Employer
11 540
-
31 392
-
pensions
1 538
-
4 184
-
other
-
-
-
-
health
525
-
1 428
-
unemployment
366
-
995
-
total
2 429
-
6 607
-
Corporate
24 032
38 000
-
-
income
6 248
9 880
-
-
total
6 248
9 880
-
-
Dividends
17 783
28 120
-
-
withholding
2 667
4 218
-
-
total
2 667
4 218
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 183
14 098
19 508
18 870
After tax
22 817
23 902
18 492
19 130
Living cost
7 700
7 700
7 700
7 700
Free-cash
15 117
16 202
10 792
11 430

Estimated living cost  is ₴7700 per week

₴4708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴711
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.
₴2104
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
₴19327
₴14556
₴15031
₴14411
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
-
-
-
38 000
unemployment
-
-
-
570
health
-
-
-
2 660
pensions
-
-
-
3 800
income
-
-
-
4 645
total
-
-
-
11 675
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.

10 101
4 020
31 799
-
unemployment
152
60
477
-
income
1 235
491
3 887
-
pensions
1 010
402
3 180
-
health
707
281
2 226
-
total
3 104
1 234
9 770
-
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.

10 101
4 020
31 799
-
pensions
1 970
784
6 201
-
total
1 970
784
6 201
-
Corporate
25 929
33 196
-
-
income
2 334
2 988
-
-
total
2 334
2 988
-
-
Dividends
23 595
30 208
-
-
withholding
4 483
5 740
-
-
social contributions
4 555
5 845
-
-
total
9 038
11 585
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 446
16 591
15 971
11 675
After tax
21 554
21 409
22 029
26 325
Living cost
6 998
6 998
6 998
6 998
Free-cash
14 556
14 411
15 031
19 327

Estimated living cost  is ₴6998 per week

₴4775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴140
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.
₴1510
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
₴5933
₴6577
₴6232
₴6856
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
-
-
-
38 000
national
-
-
-
6 225
pensions
-
-
-
4 560
social contributions
-
-
-
409
municipal
-
-
-
4 017
total
-
-
-
15 211
Employee
26 129
-
32 851
-
municipal
3 227
-
4 164
-
national
5 001
-
6 453
-
pensions
1 045
-
1 314
-
total
9 273
-
11 931
-
Employer
26 129
-
32 851
-
pensions
2 090
-
2 628
-
social contributions
281
-
353
-
total
2 371
-
2 981
-
Corporate
7 775
38 000
-
-
income

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

1 555
7 600
-
-
total
1 555
7 600
-
-
Dividends
6 220
30 400
-
-
withholding
1 368
6 688
-
-
total
1 368
6 688
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 567
14 288
14 912
15 211
After tax
23 433
23 712
23 088
22 789
Living cost
16 856
16 856
16 856
16 856
Free-cash
6 577
6 856
6 232
5 933

Estimated living cost  is ₴16856 per week

₴11457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3580
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
₴5246
₴7492
₴5246
₴6722
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
-
-
-
38 000
social contributions
-
-
-
3 444
income
-
-
-
9 432
total
-
-
-
12 876
Employee
27 296
-
38 000
-
social contributions
2 268
-
3 444
-
income
5 151
-
9 432
-
total
7 419
-
12 876
-
Employer
27 296
-
38 000
-
total
-
-
-
-
Corporate
10 704
38 000
-
-
income
1 338
4 750
-
-
total
1 338
4 750
-
-
Dividends
9 366
33 250
-
-
withholding
1 873
6 650
-
-
total
1 873
6 650
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 630
11 400
12 876
12 876
After tax
27 370
26 600
25 124
25 124
Living cost
19 878
19 878
19 878
19 878
Free-cash
7 492
6 722
5 246
5 246

Estimated living cost  is ₴19878 per week

₴15123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
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.
₴2945
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
₴4563
₴3728
₴2755
₴5551
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
-
-
-
38 000
national
-
-
-
8 289
regional
-
-
-
425
social contributions
-
-
-
9 773
municipal
-
-
-
226
total
-
-
-
18 713
Employee
31 012
-
38 000
-
municipal
164
-
201
-
national
5 374
-
7 134
-
social contributions
10 457
-
12 813
-
regional
293
-
373
-
total
16 288
-
20 521
-
Employer
31 012
-
38 000
-
total
-
-
-
-
Corporate
6 988
38 000
-
-
nationa
1 677
9 120
-
-
municipal
273
1 482
-
-
total
1 950
10 602
-
-
Dividends
5 037
27 398
-
-
withholding
1 310
7 123
-
-
total
1 310
7 123
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 548
17 725
20 521
18 713
After tax
18 452
20 275
17 479
19 287
Living cost
14 724
14 724
14 724
14 724
Free-cash
3 728
5 551
2 755
4 563

Estimated living cost  is ₴14724 per week

₴10264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
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.
₴3269
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
₴9739
₴9799
₴7941
₴10573
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
-
-
-
38 000
national
-
-
-
8 289
regional
-
-
-
573
social contributions
-
-
-
9 773
municipal
-
-
-
226
total
-
-
-
18 861
Employee
19 357
-
38 000
-
municipal
103
-
201
-
national
3 067
-
7 134
-
social contributions
6 527
-
12 813
-
regional
261
-
511
-
total
9 958
-
20 659
-
Employer
19 357
-
38 000
-
total
-
-
-
-
Corporate
18 643
38 000
-
-
nationa
4 474
9 120
-
-
municipal
926
1 889
-
-
total
5 400
11 009
-