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

Valencia , Spain
₴15960
₴11577
₴13040
₴17478
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
-
-
-
197
income
-
-
-
8 633
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
17 093
Employee
11 251
-
29 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
7 774
-
other
11
-
28
-
total
2 883
-
9 565
-
Employer
11 251
-
29 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
23 662
38 500
-
-
income

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

3 549
5 775
-
-
total
3 549
5 775
-
-
Dividends
20 113
32 725
-
-
withholding
4 154
6 880
-
-
total
4 154
6 880
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 173
12 655
18 556
17 093
After tax
24 327
25 845
19 944
21 407
Living cost
8 367
8 367
8 367
8 367
Free-cash
15 960
17 478
11 577
13 040

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴18123
₴14072
₴12483
₴20178
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
pensions

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

-
-
-
9 240
income
-
-
-
5 146
other
-
-
-
1 829
health
-
-
-
1 694
total
-
-
-
17 909
Employee
11 048
-
30 750
-
health
155
-
431
-
unemployment
110
-
308
-
pensions

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

773
-
2 153
-
income
1 902
-
5 677
-
total
2 940
-
8 569
-
Employer
11 048
-
30 750
-
health
155
-
431
-
pensions

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

1 878
-
5 228
-
accident
88
-
246
-
unemployment
110
-
308
-
other
553
-
1 538
-
total
2 784
-
7 751
-
Corporate
24 668
38 500
-
-
income
5 181
8 085
-
-
total
5 181
8 085
-
-
Dividends
19 487
30 415
-
-
withholding
1 364
2 129
-
-
total
1 364
2 129
-
-
Income
38 500
38 500
38 500
38 500
Total tax
12 269
10 214
16 320
17 909
After tax
26 231
28 286
22 180
20 591
Living cost
8 108
8 108
8 108
8 108
Free-cash
18 123
20 178
14 072
12 483

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴27517
₴27247
₴25902
₴28931
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
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
5 775
health
-
-
-
1 222
total
-
-
-
8 611
Employee
5 280
-
36 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
3 642
-
total
1 293
-
5 181
-
Employer
5 280
-
36 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
32 184
38 500
-
-
income
3 219
3 850
-
-
total
3 219
3 850
-
-
Dividends
28 965
34 650
-
-
withholding
1 448
1 732
-
-
total
1 448
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
6 996
5 582
7 266
8 611
After tax
31 504
32 918
31 234
29 889
Living cost
3 987
3 987
3 987
3 987
Free-cash
27 517
28 931
27 247
25 902

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴10793
₴12433
₴11530
₴8994
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
income
-
-
-
4 808
other
-
-
-
1 194
health
-
-
-
1 157
social contributions
-
-
-
1 097
pensions
-
-
-
8 304
surtax
-
-
-
-
total
-
-
-
16 560
Employee
13 022
-
30 663
-
pensions
1 472
-
1 767
-
income
769
-
5 179
-
social contributions
371
-
874
-
surtax
-
-
-
-
total
2 612
-
7 820
-
Employer
13 022
-
30 663
-
health
912
-
2 405
-
social contributions
39
-
92
-
pensions
2 139
-
3 040
-
unemployment
527
-
1 242
-
other
449
-
1 058
-
total
4 066
-
7 837
-
Corporate
21 411
38 500
-
-
income
5 995
10 780
-
-
surtax
-
-
-
-
total
5 995
10 780
-
-
Dividends
15 416
27 720
-
-
social contributions
2 651
4 768
-
-
surtax
-
-
-
-
withholding
1 973
3 548
-
-
total
4 624
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 297
19 096
15 657
16 560
After tax
21 203
19 404
22 843
21 940
Living cost
10 410
10 410
10 410
10 410
Free-cash
10 793
8 994
12 433
11 530

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴4228
₴8530
₴9415
₴6091
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
pensions
-
-
-
3 565
income
-
-
-
9 022
health
-
-
-
3 752
total
-
-
-
16 339
Employee
25 983
25 983
32 845
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
4 253
-
total
12 918
11 210
11 570
-
Employer
25 983
25 983
32 845
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
8 285
7 967
-
-
income
1 657
1 593
-
-
total
1 657
1 593
-
-
Dividends
6 628
6 374
-
-
income
1 408
1 355
-
-
withholding
994
956
-
-
total
2 402
2 311
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 526
19 663
17 224
16 339
After tax
16 974
18 837
21 276
22 161
Living cost
12 746
12 746
12 746
12 746
Free-cash
4 228
6 091
8 530
9 415

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴13592
₴16417
₴12581
₴10225
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
trade
-
-
-
3 836
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.

-
-
-
10 226
health

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

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

-
-
-
2 079
surtax

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

-
-
-
562
total
-
-
-
16 703
Employee

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

11 638
-
38 500
-
health

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

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

2 079
-
2 079
-
income

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

325
-
10 226
-
surtax

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

18
-
562
-
total
2 422
-
12 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 862
38 500
-
-
income
4 029
5 775
-
-
trade
4 231
6 064
-
-
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.

222
318
-
-
chamber of commerce
85
102
-
-
total
8 567
12 259
-
-
Dividends
18 296
26 242
-
-
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.

245
355
-
-
withholding
4 458
6 445
-
-
total
4 703
6 800
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 692
19 059
12 867
16 703
After tax
22 808
19 441
25 633
21 797
Living cost
9 216
9 216
9 216
9 216
Free-cash
13 592
10 225
16 417
12 581

Estimated living cost  is ₴9216 per week

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

Additional information

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

Larnaca , Cyprus
₴19433
₴19514
₴19923
₴21090
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
income
-
-
-
5 627
health
-
-
-
982
social contributions
-
-
-
4 923
total
-
-
-
11 532
Employee
23 397
23 397
35 229
-
health
181
398
599
-
income
2 548
2 166
5 452
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
8 670
-
Employer
23 397
23 397
35 229
-
health
197
433
652
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 271
-
Corporate
26 760
12 728
-
-
income
3 345
1 591
-
-
total
3 345
1 591
-
-
Dividends
23 415
11 137
-
-
withholding
3 981
1 893
-
-
total
3 981
1 893
-
-
Income
38 500
38 500
38 500
38 500
Total tax
12 022
10 365
11 941
11 532
After tax
26 478
28 135
26 559
26 968
Living cost
7 045
7 045
7 045
7 045
Free-cash
19 433
21 090
19 514
19 923

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴12048
₴9124
₴11580
₴12355
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
38 500
income
-
-
-
3 997
social contributions

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

-
-
-
13 379
surtax
-
-
-
-
total
-
-
-
17 376
Employee
13 994
-
31 111
-
income
2 911
-
9 021
-
social contributions
1 539
-
3 422
-
surtax
-
-
-
-
total
4 450
-
12 443
-
Employer
13 994
-
31 111
-
social contributions
3 324
-
7 389
-
total
3 324
-
7 389
-
Corporate
21 182
38 500
-
-
income
4 448
8 085
-
-
surtax
-
-
-
-
total
4 448
8 085
-
-
Dividends
16 734
30 415
-
-
withholding
4 686
8 516
-
-
total
4 686
8 516
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 908
16 601
19 832
17 376
After tax
21 592
21 899
18 668
21 124
Living cost
9 544
9 544
9 544
9 544
Free-cash
12 048
12 355
9 124
11 580

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴33775
₴28442
₴35757
₴34217
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
2 948
-
38 500
-
income
589
-
7 700
-
total
589
-
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%.

35 552
38 500
-
-
total
-
-
-
-
Dividends
35 552
38 500
-
-
withholding
1 778
1 925
-
-
total
1 778
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
2 367
1 925
7 700
385
After tax
36 133
36 575
30 800
38 115
Living cost
2 358
2 358
2 358
2 358
Free-cash
33 775
34 217
28 442
35 757

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴15801
₴10301
₴11404
₴18346
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
38 500
pensions
-
-
-
7 031
unemployment
-
-
-
58
income
-
-
-
8 058
health
-
-
-
3 788
total
-
-
-
18 935
Employee

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

13 455
-
33 313
-
health
869
-
2 152
-
unemployment
19
-
47
-
pensions
2 086
-
5 163
-
income
2 320
-
7 489
-
total
5 294
-
14 851
-
Employer

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

13 455
-
33 313
-
health
896
-
2 219
-
pensions
1 191
-
2 948
-
unemployment
8
-
20
-
total
2 095
-
5 187
-
Corporate
22 950
38 500
-
-
income
4 361
7 315
-
-
total
4 361
7 315
-
-
Dividends
18 590
31 185
-
-
withholding
2 788
4 678
-
-
total
2 788
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 538
11 993
20 038
18 935
After tax
23 962
26 507
18 462
19 565
Living cost
8 161
8 161
8 161
8 161
Free-cash
15 801
18 346
10 301
11 404

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴13436
₴17250
₴16870
₴12372
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
38 500
income
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
37 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
7 405
-
total
2 913
-
8 805
-
Employer
13 958
-
37 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
23 143
38 500
-
-
income
8 100
13 475
-
-
total
8 100
13 475
-
-
Dividends
15 043
25 025
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 019
15 083
10 205
10 585
After tax
24 481
23 417
28 295
27 915
Living cost
11 045
11 045
11 045
11 045
Free-cash
13 436
12 372
17 250
16 870

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴17194
₴17922
₴18273
₴17037
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
income
-
-
-
5 775
health
-
-
-
2 687
social contributions
-
-
-
5 313
total
-
-
-
13 775
Employee
10 317
-
38 500
-
health
720
-
2 687
-
income
1 721
-
6 126
-
social contributions
1 424
-
5 313
-
total
3 865
-
14 126
-
Employer
10 317
-
38 500
-
total
-
-
-
-
Corporate
28 183
38 500
-
-
income

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

1 409
1 925
-
-
total
1 409
1 925
-
-
Dividends
26 774
36 575
-
-
social contributions
3 695
5 047
-
-
withholding
4 016
5 486
-
-
health
1 869
2 553
-
-
total
9 580
13 086
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 854
15 011
14 126
13 775
After tax
23 646
23 489
24 374
24 725
Living cost
6 452
6 452
6 452
6 452
Free-cash
17 194
17 037
17 922
18 273

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴14952
₴11019
₴11336
₴17990
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
income
-
-
-
3 504
health
-
-
-
5 197
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
-
total
-
-
-
18 647
Employee
12 525
-
28 731
-
health
1 691
-
3 879
-
solidarity contribution
-
-
-
-
income
1 503
-
3 448
-
social contributions
814
-
1 868
-
total
4 008
-
9 195
-
Employer
12 525
-
28 731
-
health
1 127
-
2 586
-
social contributions
3 131
-
7 183
-
total
4 258
-
9 769
-
Corporate
21 716
38 500
-
-
income
4 126
7 315
-
-
total
4 126
7 315
-
-
Dividends
17 590
31 185
-
-
withholding
2 639
4 678
-
-
total
2 639
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 031
11 993
18 964
18 647
After tax
23 469
26 507
19 536
19 853
Living cost
8 517
8 517
8 517
8 517
Free-cash
14 952
17 990
11 019
11 336

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴32211
₴27125
₴34440
₴32900
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
4 594
-
38 500
-
income
919
-
7 700
-
total
919
-
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%.

33 906
38 500
-
-
total
-
-
-
-
Dividends
33 906
38 500
-
-
withholding
1 695
1 925
-
-
total
1 695
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
2 614
1 925
7 700
385
After tax
35 886
36 575
30 800
38 115
Living cost
3 675
3 675
3 675
3 675
Free-cash
32 211
32 900
27 125
34 440

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴6800
₴8147
₴7244
₴4708
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
income
-
-
-
4 808
other
-
-
-
1 194
health
-
-
-
1 157
social contributions
-
-
-
1 097
pensions
-
-
-
8 304
surtax
-
-
-
-
total
-
-
-
16 560
Employee
19 057
-
30 663
-
pensions
2 155
-
1 767
-
income
1 663
-
5 179
-
social contributions
543
-
874
-
surtax
-
-
-
-
total
4 361
-
7 820
-
Employer
19 057
-
30 663
-
health
1 334
-
2 405
-
social contributions
57
-
92
-
pensions
3 131
-
3 040
-
unemployment
772
-
1 242
-
other
658
-
1 058
-
total
5 952
-
7 837
-
Corporate
13 491
38 500
-
-
income
3 777
10 780
-
-
surtax
-
-
-
-
total
3 777
10 780
-
-
Dividends
9 714
27 720
-
-
social contributions
1 671
4 768
-
-
surtax
-
-
-
-
withholding
1 243
3 548
-
-
total
2 914
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 004
19 096
15 657
16 560
After tax
21 496
19 404
22 843
21 940
Living cost
14 696
14 696
14 696
14 696
Free-cash
6 800
4 708
8 147
7 244

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴21079
₴16421
₴16422
₴22570
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

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

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

-
-
-
38 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
8 358
health
-
-
-
2 309
total
-
-
-
16 832
Employee

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

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

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

7 911
-
34 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
8 358
-
total
2 664
-
12 820
-
Employer

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

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

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

7 911
-
34 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
29 173
38 500
-
-
income
4 376
5 775
-
-
total
4 376
5 775
-
-
Dividends
24 797
32 725
-
-
withholding
3 720
4 909
-
-
total
3 720
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
12 175
10 684
16 833
16 832
After tax
26 325
27 816
21 667
21 668
Living cost
5 246
5 246
5 246
5 246
Free-cash
21 079
22 570
16 421
16 422

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴5768
₴9005
₴10876
-₴3085
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
pensions
-
-
-
3 542
city
-
-
-
406
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
770
health
-
-
-
87
regional
-
-
-
1 679
national
-
-
-
451
total
-
-
-
6 935
Employee
24 212
-
34 459
-
health
55
-
78
-
unemployment
-
-
-
-
city
260
-
370
-
pensions
2 034
-
2 895
-
regional
793
-
1 439
-
national
115
-
362
-
total
3 257
-
5 144
-
Employer
24 212
-
34 459
-
health
55
-
78
-
pensions
2 034
-
2 895
-
unemployment
-
-
-
-
other

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

484
-
689
-
total
2 573
-
3 662
-
Corporate
11 449
38 500
-
-
regional
2 421
8 143
-
-
national
973
3 273
-
-
total
3 394
11 416
-
-
Dividends
8 055
27 085
-
-
withholding
2 819
9 480
-
-
total
2 819
9 480
-
-
Income
38 500
38 500
38 500
38 500
Total tax
12 043
20 896
8 806
6 935
After tax
26 457
17 604
29 694
31 565
Living cost
20 689
20 689
20 689
20 689
Free-cash
5 768
-3 085
9 005
10 876

Estimated living cost  is ₴20689 per week

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

Additional information

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

Helsinki , Finland
₴13384
₴9474
₴14753
₴13300
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
municipal
-
-
-
6 846
health
-
-
-
466
national
-
-
-
4 753
total
-
-
-
12 065
Employee
16 008
-
32 388
-
health
120
-
372
-
unemployment
240
-
486
-
pensions
1 080
-
2 186
-
national
264
-
2 907
-
municipal
2 622
-
5 282
-
total
4 326
-
11 233
-
Employer
16 008
-
32 388
-
health
123
-
249
-
pensions
2 777
-
5 619
-
accident
16
-
32
-
unemployment
104
-
211
-
total
3 020
-
6 111
-
Corporate
19 471
38 500
-
-
income
3 894
7 700
-
-
total
3 894
7 700
-
-
Dividends

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

11 683
23 100
-
-
municipal
2 103
4 158
-
-
national
91
1 660
-
-
total
2 194
5 818
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 434
13 518
17 344
12 065
After tax
25 066
24 982
21 156
26 435
Living cost
11 682
11 682
11 682
11 682
Free-cash
13 384
13 300
9 474
14 753

Estimated living cost  is ₴11682 per week

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

Additional information

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

Brussels , Belgium
₴5905
₴3305
₴6145
₴10469
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
communal

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

-
-
-
1 943
social contributions
-
-
-
6 120
national
-
-
-
13 198
total
-
-
-
21 261
Employee

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

21 765
-
29 820
-
health

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

1 023
-
1 401
-
communal

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

1 135
-
1 556
-
unemployment

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

189
-
259
-
pensions

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

1 632
-
2 236
-
national
6 691
-
9 970
-
total
10 670
-
15 422
-
Employer

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

21 765
-
29 820
-
health

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

1 338
-
1 834
-
pensions

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

1 929
-
2 642
-
surtax
2 468
-
3 381
-
accident

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

283
-
387
-
unemployment

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

318
-
435
-
total
6 336
-
8 679
-
Corporate
10 400
38 500
-
-
income
2 080
7 700
-
-
surtax
42
154
-
-
total
2 122
7 854
-
-
Dividends
8 279
30 646
-
-
withholding

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

2 373
9 083
-
-
total
2 373
9 083
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 501
16 937
24 101
21 261
After tax
16 999
21 563
14 399
17 239
Living cost
11 094
11 094
11 094
11 094
Free-cash
5 905
10 469
3 305
6 145

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴7519
₴7016
₴7371
₴7816
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
-
-
-
29
municipal
-
-
-
8 981
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
558
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
17 924
Employee
18 816
-
29 407
-
national
-
-
416
-
municipal
5 611
-
8 769
-
total
5 611
-
9 185
-
Employer
18 816
-
29 407
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
13 772
38 500
-
-
income
3 030
8 470
-
-
total
3 030
8 470
-
-
Dividends
10 742
30 030
-
-
withholding
3 223
9 009
-
-
total
3 223
9 009
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 776
17 479
18 279
17 924
After tax
20 724
21 021
20 221
20 576
Living cost
13 205
13 205
13 205
13 205
Free-cash
7 519
7 816
7 016
7 371

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴12317
₴19311
₴11901
₴8717
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
income
-
-
-
7 504
social contributions
-
-
-
4 389
total
-
-
-
11 893
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
-
38 500
-
-
income
-
8 470
-
-
total
-
8 470
-
-
Dividends
-
30 030
-
-
income
-
6 607
-
-
total
-
6 607
-
-
Income
38 500
38 500
38 500
38 500
Total tax
36 111
15 077
4 483
11 893
After tax
2 389
23 423
34 017
26 607
Living cost
14 706
14 706
14 706
14 706
Free-cash
-12 317
8 717
19 311
11 901

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴17004
₴16690
₴17099
₴18266
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
income
-
-
-
5 627
health
-
-
-
982
social contributions
-
-
-
4 923
total
-
-
-
11 532
Employee
23 397
23 397
35 229
-
health
233
398
599
-
income
2 457
2 166
5 452
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
8 670
-
Employer
23 397
23 397
35 229
-
health
253
433
652
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 271
-
Corporate
23 414
12 728
-
-
income
2 927
1 591
-
-
total
2 927
1 591
-
-
Dividends
20 487
11 137
-
-
withholding
3 483
1 893
-
-
total
3 483
1 893
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 627
10 365
11 941
11 532
After tax
26 873
28 135
26 559
26 968
Living cost
9 869
9 869
9 869
9 869
Free-cash
17 004
18 266
16 690
17 099

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴16262
₴12047
₴15605
₴15712
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
income
-
-
-
9 591
pensions
-
-
-
2 380
total
-
-
-
11 971
Employee
14 994
-
33 755
-
health
196
-
541
-
pensions
1 144
-
3 025
-
income
2 731
-
7 218
-
total
4 071
-
10 784
-
Employer
14 994
-
33 755
-
health
285
-
641
-
pensions
1 515
-
4 104
-
total
1 800
-
4 745
-
Corporate
21 706
38 500
-
-
income

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

4 124
7 315
-
-
total
4 124
7 315
-
-
Dividends
17 581
31 185
-
-
withholding
1 319
4 549
-
-
total
1 319
4 549
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 314
11 864
15 529
11 971
After tax
27 186
26 636
22 971
26 529
Living cost
10 924
10 924
10 924
10 924
Free-cash
16 262
15 712
12 047
15 605

Estimated living cost  is ₴10924 per week

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

Additional information

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

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

Rome , Italy
₴6774
₴4873
₴6633
₴8158
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
municipal
-
-
-
258
regional
-
-
-
843
social contributions
-
-
-
9 902
national
-
-
-
8 743
total
-
-
-
19 746
Employee
25 640
-
38 500
-
social contributions
8 646
-
12 982
-
regional
387
-
722
-
national
4 333
-
7 572
-
municipal
153
-
230
-
total
13 519
-
21 506
-
Employer
25 640
-
38 500
-
total
-
-
-
-
Corporate
12 860
38 500
-
-
nationa
3 086
9 240
-
-
municipal
620
1 856
-
-
total
3 706
11 096
-
-
Dividends
9 154
27 404
-
-
withholding
2 380
7 125
-
-
total
2 380
7 125
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 605
18 221
21 506
19 746
After tax
18 895
20 279
16 994
18 754
Living cost
12 121
12 121
12 121
12 121
Free-cash
6 774
8 158
4 873
6 633

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴2122
₴13940
₴19870
-₴3379
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
pensions
-
-
-
1 229
income
-
-
-
10 075
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
12 132
Employee
10 222
-
33 851
-
health
1 170
-
3 876
-
pensions
1 151
-
2 253
-
income
1 402
-
7 285
-
total
3 723
-
13 414
-
Employer
10 222
-
33 851
-
pensions
1 662
-
3 254
-
accident
171
-
565
-
unemployment
250
-
829
-
total
2 083
-
4 648
-
Corporate
26 195
38 500
-
-
income

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

23 576
34 650
-
-
total
23 576
34 650
-
-
Dividends
2 620
3 850
-
-
withholding
498
731
-
-
total
498
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 880
35 381
18 062
12 132
After tax
8 620
3 119
20 438
26 368
Living cost
6 498
6 498
6 498
6 498
Free-cash
2 122
-3 379
13 940
19 870

Estimated living cost  is ₴6498 per week

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

Additional information

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

Berlin , Germany
₴12072
₴13886
₴10392
₴8090
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
trade
-
-
-
3 494
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.

-
-
-
10 226
health

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

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

-
-
-
2 079
surtax

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

-
-
-
562
total
-
-
-
16 361
Employee

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

15 139
-
38 500
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
10 226
-
surtax

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

69
-
562
-
total
3 393
-
12 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 361
38 500
-
-
income
3 504
5 775
-
-
trade
3 352
5 525
-
-
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.

193
318
-
-
chamber of commerce
80
103
-
-
total
7 129
11 721
-
-
Dividends
16 231
26 780
-
-
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.

217
362
-
-
withholding
3 942
6 580
-
-
total
4 159
6 942
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 681
18 663
12 867
16 361
After tax
23 819
19 837
25 633
22 139
Living cost
11 747
11 747
11 747
11 747
Free-cash
12 072
8 090
13 886
10 392

Estimated living cost  is ₴11747 per week

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

Additional information

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

Riga , Latvia
₴21974
₴15279
₴4867
₴24470
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
38 500
income
-
-
-
5 827
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
9 818
total
-
-
-
27 303
Employee
8 891
-
31 026
-
income
1 583
-
6 004
-
social contributions

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

978
-
3 413
-
surtax
-
-
-
-
total
2 561
-
9 417
-
Employer
8 891
-
31 026
-
social contributions

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

2 142
-
7 474
-
surtax
-
-
-
-
total
2 142
-
7 474
-
Corporate
27 467
38 500
-
-
income

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

5 493
7 700
-
-
total
5 493
7 700
-
-
Dividends

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

21 974
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 196
7 700
16 891
27 303
After tax
28 304
30 800
21 609
11 197
Living cost
6 330
6 330
6 330
6 330
Free-cash
21 974
24 470
15 279
4 867

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴19619
₴18750
₴19021
₴20241
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
income
-
-
-
10 937
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
15 696
Employee
5 761
-
35 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
10 792
-
total
1 980
-
12 862
-
Employer
5 761
-
35 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
31 442
38 500
-
-
income
6 917
8 470
-
-
total
6 917
8 470
-
-
Dividends
24 525
30 030
-
-
withholding
4 905
6 006
-
-
total
4 905
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 098
14 476
15 967
15 696
After tax
23 402
24 024
22 533
22 804
Living cost
3 783
3 783
3 783
3 783
Free-cash
19 619
20 241
18 750
19 021

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴16414
₴11070
₴11705
₴17383
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
pensions
-
-
-
7 700
unemployment
-
-
-
69
income
-
-
-
8 326
other
-
-
-
-
health
-
-
-
2 733
surtax
-
-
-
1 133
total
-
-
-
19 961
Employee
10 247
-
31 804
-
health
262
-
811
-
unemployment
713
-
2 214
-
pensions
684
-
2 121
-
income
1 718
-
7 723
-
other
-
-
-
-
surtax
36
-
1 033
-
total
3 413
-
13 902
-
Employer
10 247
-
31 804
-
health
466
-
1 447
-
pensions
1 366
-
4 239
-
unemployment
325
-
1 008
-
other
-
-
-
-
total
2 157
-
6 694
-
Corporate
26 096
38 500
-
-
income
6 785
10 010
-
-
total
6 785
10 010
-
-
Dividends
19 311
28 490
-
-
withholding
2 897
4 273
-
-
total
2 897
4 273
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 252
14 283
20 596
19 961
After tax
23 248
24 217
17 904
18 539
Living cost
6 834
6 834
6 834
6 834
Free-cash
16 414
17 383
11 070
11 705

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴11621
₴944
₴9633
₴11772
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
pensions
-
-
-
6 576
chamber of commerce
-
-
-
154
unemployment
-
-
-
1 866
income
-
-
-
7 845