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
₴ 38500
per

Your estimated
City
free-cash

Andorra , Andorra
₴18753
₴23123
₴19776
₴24282
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
-
-
-
38 500
social contributions
-
-
-
8 470
income
-
-
-
909
total
-
-
-
9 379
Employee
11 089
-
33 333
-
social contributions
721
-
2 167
-
income
-
-
1 022
-
total
721
-
3 189
-
Employer
11 089
-
33 333
-
social contributions
1 719
-
5 167
-
total
1 719
-
5 167
-
Corporate
25 692
38 500
-
-
income
2 569
3 850
-
-
total
2 569
3 850
-
-
Dividends
23 123
34 650
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
5 009
3 850
8 356
9 379
After tax
33 491
34 650
30 144
29 121
Living cost
10 368
10 368
10 368
10 368
Free-cash
23 123
24 282
19 776
18 753

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
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.
₴2688
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
₴8230
₴10378
₴171
₴10548
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
-
-
-
38 500
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
2 945
chamber of commerce
-
-
-
154
pensions
-
-
-
7 123
income
-
-
-
6 929
total
-
-
-
19 266
Employee
15 077
13 745
29 896
-
unemployment
452
412
897
-
other
151
137
299
-
income
1 343
1 014
6 159
-
pensions
1 544
1 407
3 061
-
health
583
532
1 157
-
total
4 073
3 502
11 573
-
Employer
15 077
13 745
29 896
-
pensions
1 892
1 725
3 752
-
surtax
-
-
-
-
payroll
452
412
897
-
other
716
653
1 420
-
health
570
520
1 130
-
accident
196
179
389
-
unemployment
452
412
897
-
chamber of commerce
60
55
120
-
total
4 338
3 956
8 605
-
Corporate
19 084
20 799
28 588
-
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.

4 771
5 200
7 147
-
total
4 771
5 200
7 147
-
Dividends
14 313
15 599
-
-
withholding
3 936
4 290
-
-
total
3 936
4 290
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 118
16 948
27 325
19 266
After tax
21 382
21 552
11 175
19 234
Living cost
11 004
11 004
11 004
11 004
Free-cash
10 378
10 548
171
8 230

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3083
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
₴7012
₴8828
-₴987
₴9362
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
-
-
-
38 500
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
2 945
chamber of commerce
-
-
-
154
pensions
-
-
-
7 123
income
-
-
-
6 929
total
-
-
-
19 334
Employee
17 237
13 745
29 843
-
unemployment
517
412
895
-
other
172
137
298
-
income
1 962
1 014
6 140
-
pensions
1 765
1 407
3 056
-
health
667
532
1 155
-
total
5 083
3 502
11 544
-
Employer
17 237
13 745
29 843
-
pensions
2 163
1 725
3 745
-
surtax
68
68
68
-
payroll
517
412
895
-
other
819
653
1 418
-
health
651
520
1 128
-
accident
224
179
388
-
unemployment
517
412
895
-
chamber of commerce
69
55
119
-
total
5 028
4 024
8 656
-
Corporate
16 234
20 730
28 534
-
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.

4 059
5 183
7 133
-
total
4 059
5 183
7 133
-
Dividends
12 176
15 548
-
-
withholding
3 348
4 275
-
-
total
3 348
4 275
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 518
16 984
27 333
19 334
After tax
20 982
21 516
11 167
19 166
Living cost
12 154
12 154
12 154
12 154
Free-cash
8 828
9 362
-987
7 012

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
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
₴5024
₴3828
₴2193
₴9002
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
-
-
-
38 500
national
-
-
-
12 754
communal

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

-
-
-
1 937
social contributions
-
-
-
6 209
total
-
-
-
20 900
Employee

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

24 672
-
29 819
-
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.

215
-
259
-
national
7 585
-
9 599
-
communal

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

1 287
-
1 555
-
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.

1 850
-
2 237
-
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.

1 159
-
1 401
-
total
12 096
-
15 051
-
Employer

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

24 672
-
29 819
-
surtax
2 798
-
3 381
-
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.

2 186
-
2 642
-
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.

1 517
-
1 834
-
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.

321
-
388
-
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.

360
-
435
-
total
7 182
-
8 680
-
Corporate
6 646
38 500
-
-
income
1 329
7 700
-
-
surtax
27
154
-
-
total
1 356
7 854
-
-
Dividends
5 290
30 646
-
-
withholding

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

1 462
9 068
-
-
total
1 462
9 068
-
-
Income
38 500
38 500
38 500
38 500
Total tax
22 096
16 922
23 731
20 900
After tax
16 404
21 578
14 769
17 600
Living cost
12 576
12 576
12 576
12 576
Free-cash
3 828
9 002
2 193
5 024

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
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.
₴3179
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
₴23594
₴24899
₴24865
₴26997
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
-
-
-
38 500
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
5 775
total
-
-
-
8 985
Employee
7 841
-
36 141
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
3 614
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
5 355
-
Employer
7 841
-
36 141
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
29 121
38 500
-
-
income
2 912
3 850
-
-
total
2 912
3 850
-
-
Dividends
26 209
34 650
-
-
withholding
1 311
1 732
-
-
total
1 311
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 680
5 582
7 714
8 985
After tax
30 820
32 918
30 786
29 515
Living cost
5 921
5 921
5 921
5 921
Free-cash
24 899
26 997
24 865
23 594

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
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.
₴1525
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
₴25002
₴26804
₴26273
₴28405
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
-
-
-
38 500
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
5 775
total
-
-
-
8 985
Employee
5 976
-
36 141
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
3 614
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
5 355
-
Employer
5 976
-
36 141
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
31 351
38 500
-
-
income
3 135
3 850
-
-
total
3 135
3 850
-
-
Dividends
28 216
34 650
-
-
withholding
1 411
1 732
-
-
total
1 411
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 183
5 582
7 714
8 985
After tax
31 317
32 918
30 786
29 515
Living cost
4 513
4 513
4 513
4 513
Free-cash
26 804
28 405
26 273
25 002

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴1436
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
₴19076
₴18295
₴18740
₴20173
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
-
-
-
38 500
health
-
-
-
982
social contributions
-
-
-
5 581
income
-
-
-
4 875
total
-
-
-
11 438
Employee
26 522
26 522
34 952
-
income
2 888
2 455
4 731
-
social contributions
1 003
2 201
2 901
-
health
206
451
594
-
total
4 097
5 107
8 226
-
Employer
26 522
26 522
34 952
-
social contributions
1 003
2 201
2 901
-
health
223
491
647
-
total
1 226
2 692
3 548
-
Corporate
25 192
9 285
-
-
income
3 149
1 161
-
-
total
3 149
1 161
-
-
Dividends
22 043
8 125
-
-
withholding
3 747
1 381
-
-
total
3 747
1 381
-
-
Income
38 500
38 500
38 500
38 500
Total tax
12 219
10 341
11 774
11 438
After tax
26 281
28 159
26 726
27 062
Living cost
7 986
7 986
7 986
7 986
Free-cash
18 295
20 173
18 740
19 076

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
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.
₴2240
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
₴15875
₴15541
₴15539
₴16972
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
-
-
-
38 500
health
-
-
-
982
social contributions
-
-
-
5 581
income
-
-
-
4 875
total
-
-
-
11 438
Employee
26 522
26 522
34 952
-
income
2 785
2 455
4 731
-
social contributions
1 289
2 201
2 901
-
health
264
451
594
-
total
4 338
5 107
8 226
-
Employer
26 522
26 522
34 952
-
social contributions
1 289
2 201
2 901
-
health
287
491
647
-
total
1 576
2 692
3 548
-
Corporate
21 399
9 285
-
-
income
2 675
1 161
-
-
total
2 675
1 161
-
-
Dividends
18 724
8 125
-
-
withholding
3 183
1 381
-
-
total
3 183
1 381
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 772
10 341
11 774
11 438
After tax
26 728
28 159
26 726
27 062
Living cost
11 187
11 187
11 187
11 187
Free-cash
15 541
16 972
15 539
15 875

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2478
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
₴10791
₴15705
₴11575
₴18546
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
-
-
-
38 500
health
-
-
-
5 197
social contributions
-
-
-
11 242
income
-
-
-
3 309
solidarity contribution
-
-
-
-
total
-
-
-
19 748
Employee
11 708
-
28 731
-
income
1 405
-
3 448
-
social contributions
761
-
1 868
-
health
1 581
-
3 879
-
solidarity contribution
-
-
-
-
total
3 747
-
9 195
-
Employer
11 708
-
28 731
-
social contributions
2 927
-
7 183
-
health
1 054
-
2 586
-
total
3 981
-
9 769
-
Corporate
22 812
38 500
-
-
income
4 334
7 315
-
-
total
4 334
7 315
-
-
Dividends
18 478
31 185
-
-
withholding
2 772
4 678
-
-
total
2 772
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 834
11 993
18 964
19 748
After tax
23 666
26 507
19 536
18 752
Living cost
7 961
7 961
7 961
7 961
Free-cash
15 705
18 546
11 575
10 791

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
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.
₴1708
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
₴8942
₴13197
₴9726
₴16697
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
-
-
-
38 500
health
-
-
-
5 197
social contributions
-
-
-
11 242
income
-
-
-
3 309
solidarity contribution
-
-
-
-
total
-
-
-
19 748
Employee
14 427
-
28 731
-
income
1 731
-
3 448
-
social contributions
938
-
1 868
-
health
1 948
-
3 879
-
solidarity contribution
-
-
-
-
total
4 617
-
9 195
-
Employer
14 427
-
28 731
-
social contributions
3 607
-
7 183
-
health
1 298
-
2 586
-
total
4 905
-
9 769
-
Corporate
19 168
38 500
-
-
income
3 642
7 315
-
-
total
3 642
7 315
-
-
Dividends
15 526
31 185
-
-
withholding
2 329
4 678
-
-
total
2 329
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 493
11 993
18 964
19 748
After tax
23 007
26 507
19 536
18 752
Living cost
9 810
9 810
9 810
9 810
Free-cash
13 197
16 697
9 726
8 942

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
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.
₴1802
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
₴6986
-₴36881
-₴36881
-₴36881
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
-
-
-
38 500
national
-
-
-
4 143
pensions
-
-
-
300
municipal
-
-
-
7 353
labour market
-
-
-
3 056
total
-
-
-
14 852
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
58 719
58 719
58 719
14 852
After tax
-20 219
-20 219
-20 219
23 648
Living cost
16 662
16 662
16 662
16 662
Free-cash
-36 881
-36 881
-36 881
6 986

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
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
₴12305
₴20325
₴13860
₴22469
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
-
-
-
38 500
health
-
-
-
5 005
pensions
-
-
-
7 700
income
-
-
-
5 159
total
-
-
-
17 864
Employee
9 785
-
28 774
-
unemployment
156
-
460
-
income
1 102
-
5 548
-
pensions
196
-
575
-
total
1 454
-
6 583
-
Employer
9 785
-
28 774
-
pensions
1 957
-
5 755
-
health
1 272
-
3 741
-
unemployment
79
-
230
-
total
3 308
-
9 726
-
Corporate
25 408
38 500
-
-
income
5 082
7 700
-
-
total
5 082
7 700
-
-
Dividends
20 326
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 844
7 700
16 309
17 864
After tax
28 656
30 800
22 191
20 636
Living cost
8 331
8 331
8 331
8 331
Free-cash
20 325
22 469
13 860
12 305

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1953
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
₴13648
₴11717
₴8369
₴12050
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

-
-
-
38 500
national
-
-
-
4 312
health
-
-
-
449
municipal
-
-
-
6 849
total
-
-
-
11 610
Employee
18 147
-
32 389
-
unemployment
272
-
486
-
municipal
2 972
-
5 285
-
national
300
-
2 466
-
pensions
1 225
-
2 186
-
health
135
-
355
-
total
4 904
-
10 778
-
Employer
18 147
-
32 389
-
pensions
3 148
-
5 619
-
health
139
-
249
-
accident
18
-
32
-
unemployment
118
-
211
-
total
3 423
-
6 111
-
Corporate
16 929
38 500
-
-
income
3 386
7 700
-
-
total
3 386
7 700
-
-
Dividends

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

10 158
23 100
-
-
municipal
1 828
4 158
-
-
national
-
1 350
-
-
total
1 828
5 508
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 541
13 208
16 889
11 610
After tax
24 959
25 292
21 611
26 890
Living cost
13 242
13 242
13 242
13 242
Free-cash
11 717
12 050
8 369
13 648

Estimated living cost  is ₴13242 per week

₴8650
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.
₴211
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

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
₴11425
₴10690
₴12986
₴8772
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
-
-
-
38 500
surtax
-
-
-
-
health
-
-
-
933
pensions
-
-
-
8 986
social contributions
-
-
-
1 097
income
-
-
-
4 234
other
-
-
-
1 193
total
-
-
-
16 443
Employee
13 177
-
31 012
-
income
679
-
4 887
-
surtax
-
-
-
-
social contributions
376
-
884
-
pensions
1 490
-
1 624
-
total
2 545
-
7 395
-
Employer
13 177
-
31 012
-
pensions
2 165
-
2 829
-
social contributions
39
-
93
-
other
455
-
1 070
-
health
922
-
2 239
-
unemployment
533
-
1 256
-
total
4 114
-
7 487
-
Corporate
21 208
38 500
-
-
income
5 938
10 780
-
-
surtax
-
-
-
-
total
5 938
10 780
-
-
Dividends
15 270
27 720
-
-
withholding
1 954
3 548
-
-
social contributions
2 627
4 768
-
-
surtax
-
-
-
-
total
4 581
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 178
19 096
14 882
16 443
After tax
21 322
19 404
23 618
22 057
Living cost
10 632
10 632
10 632
10 632
Free-cash
10 690
8 772
12 986
11 425

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
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.
₴3184
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
₴10256
₴9639
₴11817
₴7603
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
-
-
-
38 500
surtax
-
-
-
-
health
-
-
-
933
pensions
-
-
-
8 986
social contributions
-
-
-
1 097
income
-
-
-
4 234
other
-
-
-
1 193
total
-
-
-
16 443
Employee
14 762
-
31 012
-
income
871
-
4 887
-
surtax
-
-
-
-
social contributions
421
-
884
-
pensions
1 669
-
1 624
-
total
2 961
-
7 395
-
Employer
14 762
-
31 012
-
pensions
2 425
-
2 829
-
social contributions
45
-
93
-
other
509
-
1 070
-
health
1 034
-
2 239
-
unemployment
598
-
1 256
-
total
4 611
-
7 487
-
Corporate
19 128
38 500
-
-
income
5 356
10 780
-
-
surtax
-
-
-
-
total
5 356
10 780
-
-
Dividends
13 772
27 720
-
-
withholding
1 763
3 548
-
-
social contributions
2 369
4 768
-
-
surtax
-
-
-
-
total
4 132
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 060
19 096
14 882
16 443
After tax
21 440
19 404
23 618
22 057
Living cost
11 801
11 801
11 801
11 801
Free-cash
9 639
7 603
11 817
10 256

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
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.
₴3200
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
₴5398
₴5116
₴6959
₴2745
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
-
-
-
38 500
surtax
-
-
-
-
health
-
-
-
933
pensions
-
-
-
8 986
social contributions
-
-
-
1 097
income
-
-
-
4 234
other
-
-
-
1 193
total
-
-
-
16 443
Employee
21 603
-
31 012
-
income
1 885
-
4 887
-
surtax
-
-
-
-
social contributions
615
-
884
-
pensions
2 443
-
1 624
-
total
4 943
-
7 395
-
Employer
21 603
-
31 012
-
pensions
3 550
-
2 829
-
social contributions
65
-
93
-
other
746
-
1 070
-
health
1 512
-
2 239
-
unemployment
875
-
1 256
-
total
6 748
-
7 487
-
Corporate
10 150
38 500
-
-
income
2 842
10 780
-
-
surtax
-
-
-
-
total
2 842
10 780
-
-
Dividends
7 308
27 720
-
-
withholding
935
3 548
-
-
social contributions
1 257
4 768
-
-
surtax
-
-
-
-
total
2 192
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 725
19 096
14 882
16 443
After tax
21 775
19 404
23 618
22 057
Living cost
16 659
16 659
16 659
16 659
Free-cash
5 116
2 745
6 959
5 398

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3793
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
₴35883
₴33924
₴28568
₴34343
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%.

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
2 789
-
38 500
-
income
558
-
7 700
-
total
558
-
7 700
-
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%.

35 711
38 500
-
-
total
-
-
-
-
Dividends
35 711
38 500
-
-
withholding
1 786
1 925
-
-
total
1 786
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
2 344
1 925
7 700
385
After tax
36 156
36 575
30 800
38 115
Living cost
2 232
2 232
2 232
2 232
Free-cash
33 924
34 343
28 568
35 883

Estimated living cost  is ₴2232 per week

₴1383
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.
₴602
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
₴34638
₴32446
₴27323
₴33098
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%.

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
4 347
-
38 500
-
income
869
-
7 700
-
total
869
-
7 700
-
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%.

34 153
38 500
-
-
total
-
-
-
-
Dividends
34 153
38 500
-
-
withholding
1 708
1 925
-
-
total
1 708
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
2 577
1 925
7 700
385
After tax
35 923
36 575
30 800
38 115
Living cost
3 477
3 477
3 477
3 477
Free-cash
32 446
33 098
27 323
34 638

Estimated living cost  is ₴3477 per week

₴2353
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.
₴862
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
₴10318
₴11047
₴13542
₴6535
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.

-
-
-
38 500
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.

-
-
-
484
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.

-
-
-
2 356
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.

-
-
-
8 802
trade
-
-
-
3 224
total
-
-
-
14 866
Employee

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

17 162
-
38 500
-
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.

1 411
-
8 802
-
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.

78
-
484
-
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.

2 356
-
2 356
-
total
3 845
-
11 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 338
38 500
-
-
trade
3 062
5 525
-
-
income
3 201
5 775
-
-
chamber of commerce
84
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.

176
317
-
-
total
6 523
11 726
-
-
Dividends
14 816
26 774
-
-
withholding
3 573
6 562
-
-
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.

196
361
-
-
total
3 769
6 923
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 137
18 649
11 642
14 866
After tax
24 363
19 851
26 858
23 634
Living cost
13 316
13 316
13 316
13 316
Free-cash
11 047
6 535
13 542
10 318

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
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.
₴2504
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
₴12873
₴12822
₴16411
₴9008
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.

-
-
-
38 500
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.

-
-
-
484
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.

-
-
-
2 356
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.

-
-
-
8 802
trade
-
-
-
3 538
total
-
-
-
15 180
Employee

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

13 192
-
38 500
-
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.

369
-
8 802
-
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
-
484
-
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.

2 356
-
2 356
-
total
2 745
-
11 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 308
38 500
-
-
trade
3 986
6 064
-
-
income
3 796
5 775
-
-
chamber of commerce
89
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.

209
317
-
-
total
8 080
12 264
-
-
Dividends
17 227
26 236
-
-
withholding
4 176
6 428
-
-
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.

230
353
-
-
total
4 406
6 781
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 231
19 045
11 642
15 180
After tax
23 269
19 455
26 858
23 320
Living cost
10 447
10 447
10 447
10 447
Free-cash
12 822
9 008
16 411
12 873

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
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.
₴2462
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
₴9612
₴10554
₴13308
₴5707
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.

-
-
-
38 500
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.

-
-
-
484
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.

-
-
-
2 356
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.

-
-
-
8 802
trade
-
-
-
3 696
total
-
-
-
15 338
Employee

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

17 491
-
38 500
-
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.

1 503
-
8 802
-
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.

82
-
484
-
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.

2 356
-
2 356
-
total
3 941
-
11 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 009
38 500
-
-
trade
3 456
6 333
-
-
income
3 151
5 775
-
-
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.

173
317
-
-
total
6 862
12 532
-
-
Dividends
14 146
25 967
-
-
withholding
3 406
6 361
-
-
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.

187
350
-
-
total
3 593
6 711
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 396
19 243
11 642
15 338
After tax
24 104
19 257
26 858
23 162
Living cost
13 550
13 550
13 550
13 550
Free-cash
10 554
5 707
13 308
9 612

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
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.
₴2856
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
₴7204
₴8849
₴11057
₴3258
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.

-
-
-
38 500
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.

-
-
-
484
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.

-
-
-
2 356
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.

-
-
-
8 802
trade
-
-
-
3 853
total
-
-
-
15 495
Employee

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

20 729
-
38 500
-
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.

2 438
-
8 802
-
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.

134
-
484
-
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.

2 356
-
2 356
-
total
4 928
-
11 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 771
38 500
-
-
trade
3 048
6 603
-
-
income
2 666
5 775
-
-
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.

147
317
-
-
total
5 938
12 802
-
-
Dividends
11 834
25 698
-
-
withholding
2 828
6 293
-
-
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.

156
346
-
-
total
2 984
6 639
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 850
19 441
11 642
15 495
After tax
24 650
19 059
26 858
23 005
Living cost
15 801
15 801
15 801
15 801
Free-cash
8 849
3 258
11 057
7 204

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2792
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
₴11487
₴15373
₴10855
₴16469
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
-
-
-
38 500
surtax
-
-
-
1 003
unemployment
-
-
-
79
health
-
-
-
2 733
pensions
-
-
-
7 700
income
-
-
-
7 751
other
-
-
-
-
total
-
-
-
19 266
Employee
11 616
-
31 806
-
unemployment
808
-
2 214
-
other
-
-
-
-
income
1 947
-
7 154
-
surtax
41
-
904
-
pensions
775
-
2 121
-
health
297
-
811
-
total
3 868
-
13 204
-
Employer
11 616
-
31 806
-
pensions
1 549
-
4 239
-
other
-
-
-
-
health
528
-
1 447
-
unemployment
369
-
1 008
-
total
2 446
-
6 694
-
Corporate
24 439
38 500
-
-
income
6 354
10 010
-
-
total
6 354
10 010
-
-
Dividends
18 085
28 490
-
-
withholding
2 712
4 274
-
-
total
2 712
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 380
14 284
19 898
19 266
After tax
23 120
24 216
18 602
19 234
Living cost
7 747
7 747
7 747
7 747
Free-cash
15 373
16 469
10 855
11 487

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴2217
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
₴11623
₴15532
₴10991
₴16605
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
-
-
-
38 500
surtax
-
-
-
1 003
unemployment
-
-
-
79
health
-
-
-
2 733
pensions
-
-
-
7 700
income
-
-
-
7 751
other
-
-
-
-
total
-
-
-
19 266
Employee
11 406
-
31 806
-
unemployment
794
-
2 214
-
other
-
-
-
-
income
1 912
-
7 154
-
surtax
37
-
904
-
pensions
761
-
2 121
-
health
291
-
811
-
total
3 795
-
13 204
-
Employer
11 406
-
31 806
-
pensions
1 521
-
4 239
-
other
-
-
-
-
health
519
-
1 447
-
unemployment
361
-
1 008
-
total
2 401
-
6 694
-
Corporate
24 693
38 500
-
-
income
6 420
10 010
-
-
total
6 420
10 010
-
-
Dividends
18 273
28 490
-
-
withholding
2 741
4 274
-
-
total
2 741
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 357
14 284
19 898
19 266
After tax
23 143
24 216
18 602
19 234
Living cost
7 611
7 611
7 611
7 611
Free-cash
15 532
16 605
10 991
11 623

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2079
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
₴19824
₴14983
₴15472
₴14839
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
-
-
-
38 500
unemployment
-
-
-
577
health
-
-
-
2 695
pensions
-
-
-
3 850
income
-
-
-
4 707
total
-
-
-
11 829
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.

9 884
3 934
32 218
-
unemployment
148
59
483
-
income
1 208
481
3 939
-
pensions
988
393
3 222
-
health
692
275
2 255
-
total
3 036
1 208
9 899
-
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.

9 884
3 934
32 218
-
pensions
1 927
767
6 282
-
total
1 927
767
6 282
-
Corporate
26 689
33 799
-
-
income
2 402
3 042
-
-
total
2 402
3 042
-
-
Dividends
24 287
30 757
-
-
withholding
4 614
5 844
-
-
social contributions
4 691
5 953
-
-
total
9 305
11 797
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 670
16 814
16 181
11 829
After tax
21 830
21 686
22 319
26 671
Living cost
6 847
6 847
6 847
6 847
Free-cash
14 983
14 839
15 472
19 824

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1478
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
₴6367
₴7048
₴6669
₴7325
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
-
-
-
38 500
national
-
-
-
6 321
pensions
-
-
-
4 620
social contributions
-
-
-
414
municipal
-
-
-
4 079
total
-
-
-
15 434
Employee
25 887
-
33 283
-
municipal
3 197
-
4 228
-
national
4 955
-
6 552
-
pensions
1 035
-
1 331
-
total
9 187
-
12 111
-
Employer
25 887
-
33 283
-
pensions
2 071
-
2 663
-
social contributions
278
-
358
-
total
2 349
-
3 021
-
Corporate
8 556
38 500
-
-
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%.

1 711
7 700
-
-
total
1 711
7 700
-
-
Dividends
6 845
30 800
-
-
withholding
1 506
6 776
-
-
total
1 506
6 776
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 753
14 476
15 132
15 434
After tax
23 747
24 024
23 368
23 066
Living cost
16 699
16 699
16 699
16 699
Free-cash
7 048
7 325
6 669
6 367

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
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
₴5644
₴8064
₴5644
₴7302
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
-
-
-
38 500
social contributions
-
-
-
3 509
income
-
-
-
9 699
total
-
-
-
13 208
Employee
26 980
-
38 500
-
social contributions
2 241
-
3 509
-
income
5 091
-
9 699
-
total
7 332
-
13 208
-
Employer
26 980
-
38 500
-
total
-
-
-
-
Corporate
11 520
38 500
-
-
income
1 440
4 812
-
-
total
1 440
4 812
-
-
Dividends
10 080
33 688
-
-
withholding
2 016
6 738
-
-
total
2 016
6 738
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 788
11 550
13 208
13 208
After tax
27 712
26 950
25 292
25 292
Living cost
19 648
19 648
19 648
19 648
Free-cash
8 064
7 302
5 644
5 644

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2911
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
₴4924
₴4186
₴3093
₴5987
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
-
-
-
38 500
national
-
-
-
8 459
regional
-
-
-
432
social contributions
-
-
-
9 902
municipal
-
-
-
229
total
-
-
-
19 022
Employee
30 654
-
38 500
-
municipal
162
-
204
-
national
5 312
-
7 288
-
social contributions
10 337
-
12 982
-
regional
289
-
379
-
total
16 100
-
20 853
-
Employer
30 654
-
38 500
-
total
-
-
-
-
Corporate
7 846
38 500
-
-
nationa
1 883
9 240
-
-
municipal
306
1 502
-
-
total
2 189
10 742
-
-
Dividends
5 657
27 758
-
-
withholding
1 471
7 217
-
-
total
1 471
7 217
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 760
17 959
20 853
19 022
After tax
18 740
20 541
17 647
19 478
Living cost
14 554
14 554
14 554
14 554
Free-cash
4 186
5 987
3 093
4 924

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
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
₴10038
₴10180
₴8217
₴10946
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
-
-
-
38 500
national
-
-
-
8 459
regional
-
-
-
581
social contributions
-
-
-
9 902
municipal
-
-
-
229
total
-
-
-
19 171
Employee
19 133
-
38 500
-
municipal
101
-
204
-
national
3 031
-
7 288
-
social contributions
6 452
-
12 982
-
regional
258
-
518
-
total
9 842
-
20 992
-
Employer
19 133
-
38 500
-
total
-
-
-
-
Corporate
19 367
38 500
-
-
nationa
4 648
9 240
-
-
municipal
963
1 913
-
-
total
5 611
11 153
-