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
₴ 39500
per

Your estimated
City
free-cash

Valencia , Spain
₴16657
₴12241
₴13700
₴18153
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
-
-
-
39 500
unemployment
-
-
-
197
income
-
-
-
9 017
other
-
-
-
28
accident
-
-
-
253
pensions
-
-
-
7 960
total
-
-
-
17 455
Employee
11 221
-
30 533
-
unemployment
174
-
436
-
pensions
528
-
1 322
-
income
2 163
-
8 161
-
other
11
-
28
-
total
2 876
-
9 947
-
Employer
11 221
-
30 533
-
pensions
2 648
-
6 638
-
accident
222
-
557
-
unemployment
617
-
1 547
-
other
90
-
225
-
total
3 577
-
8 967
-
Corporate
24 702
39 500
-
-
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.

3 705
5 925
-
-
total
3 705
5 925
-
-
Dividends
20 997
33 575
-
-
withholding
4 340
7 077
-
-
total
4 340
7 077
-
-
Income
39 500
39 500
39 500
39 500
Total tax
14 498
13 002
18 914
17 455
After tax
25 002
26 498
20 586
22 045
Living cost
8 345
8 345
8 345
8 345
Free-cash
16 657
18 153
12 241
13 700

Estimated living cost  is ₴8345 per week

₴5633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1764
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
₴18887
₴14635
₴13003
₴20935
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
-
-
-
39 500
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.

-
-
-
9 479
income
-
-
-
5 318
other
-
-
-
1 876
health
-
-
-
1 738
total
-
-
-
18 411
Employee
11 018
-
31 549
-
health
154
-
442
-
unemployment
110
-
316
-
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.

771
-
2 208
-
income
1 897
-
5 862
-
total
2 932
-
8 828
-
Employer
11 018
-
31 549
-
health
154
-
442
-
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.

1 873
-
5 364
-
accident
88
-
252
-
unemployment
110
-
316
-
other
551
-
1 577
-
total
2 776
-
7 951
-
Corporate
25 705
39 500
-
-
income
5 398
8 295
-
-
total
5 398
8 295
-
-
Dividends
20 307
31 205
-
-
withholding
1 421
2 184
-
-
total
1 421
2 184
-
-
Income
39 500
39 500
39 500
39 500
Total tax
12 527
10 479
16 779
18 411
After tax
26 973
29 021
22 721
21 089
Living cost
8 086
8 086
8 086
8 086
Free-cash
18 887
20 935
14 635
13 003

Estimated living cost  is ₴8086 per week

₴5713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
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.
₴1697
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
₴28374
₴28148
₴26753
₴29785
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
-
-
-
39 500
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
-
-
-
5 925
health
-
-
-
1 221
total
-
-
-
8 760
Employee
5 279
-
37 416
-
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.

463
-
933
-
income
528
-
3 742
-
total
1 292
-
5 281
-
Employer
5 279
-
37 416
-
health
364
-
733
-
pensions

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

582
-
1 170
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 084
-
Corporate
33 185
39 500
-
-
income
3 318
3 950
-
-
total
3 318
3 950
-
-
Dividends
29 867
35 550
-
-
withholding
1 493
1 778
-
-
total
1 493
1 778
-
-
Income
39 500
39 500
39 500
39 500
Total tax
7 139
5 728
7 365
8 760
After tax
32 361
33 772
32 135
30 740
Living cost
3 987
3 987
3 987
3 987
Free-cash
28 374
29 785
28 148
26 753

Estimated living cost  is ₴3987 per week

₴2327
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
₴11319
₴12890
₴12104
₴9527
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
-
-
-
39 500
income
-
-
-
5 057
other
-
-
-
1 224
health
-
-
-
1 235
social contributions
-
-
-
1 125
pensions
-
-
-
8 373
surtax
-
-
-
-
total
-
-
-
17 014
Employee
12 988
-
31 384
-
pensions
1 468
-
1 843
-
income
766
-
5 376
-
social contributions
370
-
894
-
surtax
-
-
-
-
total
2 604
-
8 113
-
Employer
12 988
-
31 384
-
health
909
-
2 503
-
social contributions
39
-
94
-
pensions
2 134
-
3 164
-
unemployment
526
-
1 271
-
other
448
-
1 083
-
total
4 056
-
8 115
-
Corporate
22 456
39 500
-
-
income
6 288
11 060
-
-
surtax
-
-
-
-
total
6 288
11 060
-
-
Dividends
16 168
28 440
-
-
social contributions
2 781
4 891
-
-
surtax
-
-
-
-
withholding
2 070
3 640
-
-
total
4 851
8 531
-
-
Income
39 500
39 500
39 500
39 500
Total tax
17 799
19 591
16 228
17 014
After tax
21 701
19 909
23 272
22 486
Living cost
10 382
10 382
10 382
10 382
Free-cash
11 319
9 527
12 890
12 104

Estimated living cost  is ₴10382 per week

₴6547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴844
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.
₴2815
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
₴4776
₴9610
₴10066
₴6637
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
-
-
-
39 500
pensions
-
-
-
3 555
income
-
-
-
9 425
health
-
-
-
3 742
total
-
-
-
16 722
Employee
25 914
25 914
33 860
-
health
3 978
3 383
3 742
-
pensions
4 665
3 555
3 555
-
income

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

4 242
4 242
4 242
-
total
12 885
11 180
11 539
-
Employer
25 914
25 914
33 860
-
health
1 801
1 801
2 238
-
pensions
1 804
1 804
2 242
-
unemployment
933
933
1 159
-
total
4 538
4 538
5 639
-
Corporate
9 366
9 048
-
-
income
1 873
1 809
-
-
total
1 873
1 809
-
-
Dividends
7 492
7 238
-
-
income
1 592
1 538
-
-
withholding
1 124
1 086
-
-
total
2 716
2 624
-
-
Income
39 500
39 500
39 500
39 500
Total tax
22 012
20 151
17 178
16 722
After tax
17 488
19 349
22 322
22 778
Living cost
12 712
12 712
12 712
12 712
Free-cash
4 776
6 637
9 610
10 066

Estimated living cost  is ₴12712 per week

₴9009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1146
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.
₴2355
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
₴14110
₴16987
₴12988
₴10753
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.

-
-
-
39 500
trade
-
-
-
3 999
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.

-
-
-
10 662
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.

-
-
-
2 073
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.

-
-
-
586
total
-
-
-
17 320
Employee

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

11 607
-
39 500
-
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.

2 073
-
2 073
-
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.

324
-
10 662
-
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
-
586
-
total
2 415
-
13 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 893
39 500
-
-
income
4 184
5 925
-
-
trade
4 393
6 221
-
-
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
326
-
-
chamber of commerce
86
103
-
-
total
8 893
12 575
-
-
Dividends
18 999
26 925
-
-
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.

255
364
-
-
withholding
4 635
6 616
-
-
total
4 890
6 980
-
-
Income
39 500
39 500
39 500
39 500
Total tax
16 198
19 555
13 321
17 320
After tax
23 302
19 945
26 179
22 180
Living cost
9 192
9 192
9 192
9 192
Free-cash
14 110
10 753
16 987
12 988

Estimated living cost  is ₴9192 per week

₴5782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1072
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.
₴2166
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
₴20184
₴20208
₴20623
₴21834
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
-
-
-
39 500
income
-
-
-
5 934
health
-
-
-
1 007
social contributions
-
-
-
4 910
total
-
-
-
11 851
Employee
23 335
23 335
36 218
-
health
181
397
616
-
income
2 541
2 160
5 756
-
social contributions
882
1 937
2 612
-
total
3 604
4 494
8 984
-
Employer
23 335
23 335
36 218
-
health
196
432
670
-
social contributions
882
1 937
2 612
-
total
1 078
2 369
3 282
-
Corporate
27 792
13 797
-
-
income
3 474
1 725
-
-
total
3 474
1 725
-
-
Dividends
24 318
12 072
-
-
withholding
4 134
2 052
-
-
total
4 134
2 052
-
-
Income
39 500
39 500
39 500
39 500
Total tax
12 290
10 640
12 266
11 851
After tax
27 210
28 860
27 234
27 649
Living cost
7 026
7 026
7 026
7 026
Free-cash
20 184
21 834
20 208
20 623

Estimated living cost  is ₴7026 per week

₴4211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1971
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
₴12643
₴9536
₴12105
₴12949
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.

-
-
-
39 500
income
-
-
-
4 150
social contributions

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

-
-
-
13 726
surtax
-
-
-
-
total
-
-
-
17 876
Employee
13 957
-
31 919
-
income
2 903
-
9 353
-
social contributions
1 535
-
3 511
-
surtax
-
-
-
-
total
4 438
-
12 864
-
Employer
13 957
-
31 919
-
social contributions
3 315
-
7 581
-
total
3 315
-
7 581
-
Corporate
22 228
39 500
-
-
income
4 668
8 295
-
-
surtax
-
-
-
-
total
4 668
8 295
-
-
Dividends
17 560
31 205
-
-
withholding
4 917
8 737
-
-
total
4 917
8 737
-
-
Income
39 500
39 500
39 500
39 500
Total tax
17 338
17 032
20 445
17 876
After tax
22 162
22 468
19 055
21 624
Living cost
9 519
9 519
9 519
9 519
Free-cash
12 643
12 949
9 536
12 105

Estimated living cost  is ₴9519 per week

₴7122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
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.
₴1676
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
₴34793
₴29299
₴36804
₴35224
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%.

-
-
-
39 500
microenterprise

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

-
-
-
395
total
-
-
-
395
Employee
2 876
-
39 500
-
income
575
-
7 900
-
total
575
-
7 900
-
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%.

36 624
39 500
-
-
total
-
-
-
-
Dividends
36 624
39 500
-
-
withholding
1 831
1 975
-
-
total
1 831
1 975
-
-
Income
39 500
39 500
39 500
39 500
Total tax
2 406
1 975
7 900
395
After tax
37 094
37 525
31 600
39 105
Living cost
2 301
2 301
2 301
2 301
Free-cash
34 793
35 224
29 299
36 804

Estimated living cost  is ₴2301 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴620
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
₴16517
₴10763
₴11861
₴19056
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.

-
-
-
39 500
pensions
-
-
-
7 213
unemployment
-
-
-
59
income
-
-
-
8 340
health
-
-
-
3 887
total
-
-
-
19 499
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.

13 419
-
34 178
-
health
867
-
2 208
-
unemployment
19
-
48
-
pensions
2 080
-
5 297
-
income
2 314
-
7 722
-
total
5 280
-
15 275
-
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.

13 419
-
34 178
-
health
894
-
2 276
-
pensions
1 187
-
3 025
-
unemployment
8
-
21
-
total
2 089
-
5 322
-
Corporate
23 992
39 500
-
-
income
4 559
7 505
-
-
total
4 559
7 505
-
-
Dividends
19 433
31 995
-
-
withholding
2 915
4 799
-
-
total
2 915
4 799
-
-
Income
39 500
39 500
39 500
39 500
Total tax
14 843
12 304
20 597
19 499
After tax
24 657
27 196
18 903
20 001
Living cost
8 140
8 140
8 140
8 140
Free-cash
16 517
19 056
10 763
11 861

Estimated living cost  is ₴8140 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
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.
₴1874
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
₴14116
₴17921
₴17938
₴13056
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.

-
-
-
39 500
income
-
-
-
8 638
health

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

-
-
-
1 908
total
-
-
-
10 546
Employee
13 921
-
38 104
-
social contributions
1 395
-
1 396
-
income
1 511
-
7 771
-
total
2 906
-
9 167
-
Employer
13 921
-
38 104
-
social contributions
1 395
-
1 396
-
total
1 395
-
1 396
-
Corporate
24 184
39 500
-
-
income
8 464
13 825
-
-
total
8 464
13 825
-
-
Dividends
15 720
25 675
-
-
social contributions
1 603
1 603
-
-
total
1 603
1 603
-
-
Income
39 500
39 500
39 500
39 500
Total tax
14 368
15 428
10 563
10 546
After tax
25 132
24 072
28 937
28 954
Living cost
11 016
11 016
11 016
11 016
Free-cash
14 116
13 056
17 921
17 938

Estimated living cost  is ₴11016 per week

₴7256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
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.
₴2722
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
₴17822
₴18528
₴18932
₴17664
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
-
-
-
39 500
income
-
-
-
5 925
health
-
-
-
2 757
social contributions
-
-
-
5 451
total
-
-
-
14 133
Employee
10 289
-
39 500
-
health
718
-
2 757
-
income
1 716
-
6 329
-
social contributions
1 420
-
5 451
-
total
3 854
-
14 537
-
Employer
10 289
-
39 500
-
total
-
-
-
-
Corporate
29 211
39 500
-
-
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%.

1 460
1 975
-
-
total
1 460
1 975
-
-
Dividends
27 750
37 525
-
-
social contributions
3 830
5 178
-
-
withholding
4 162
5 629
-
-
health
1 937
2 619
-
-
total
9 929
13 426
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 243
15 401
14 537
14 133
After tax
24 257
24 099
24 963
25 367
Living cost
6 435
6 435
6 435
6 435
Free-cash
17 822
17 664
18 528
18 932

Estimated living cost  is ₴6435 per week

₴4306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
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.
₴1583
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
₴15659
₴11542
₴12098
₴18692
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
-
-
-
39 500
income
-
-
-
3 636
health
-
-
-
5 332
social contributions
-
-
-
9 930
solidarity contribution
-
-
-
-
total
-
-
-
18 898
Employee
12 505
-
29 478
-
health
1 688
-
3 979
-
solidarity contribution
-
-
-
-
income
1 501
-
3 537
-
social contributions
813
-
1 916
-
total
4 002
-
9 432
-
Employer
12 505
-
29 478
-
health
1 125
-
2 653
-
social contributions
3 126
-
7 369
-
total
4 251
-
10 022
-
Corporate
22 743
39 500
-
-
income
4 321
7 505
-
-
total
4 321
7 505
-
-
Dividends
18 422
31 995
-
-
withholding
2 763
4 799
-
-
total
2 763
4 799
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 337
12 304
19 454
18 898
After tax
24 163
27 196
20 046
20 602
Living cost
8 504
8 504
8 504
8 504
Free-cash
15 659
18 692
11 542
12 098

Estimated living cost  is ₴8504 per week

₴6324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
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.
₴1562
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
₴33268
₴28015
₴35520
₴33940
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%.

-
-
-
39 500
microenterprise

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

-
-
-
395
total
-
-
-
395
Employee
4 482
-
39 500
-
income
896
-
7 900
-
total
896
-
7 900
-
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%.

35 018
39 500
-
-
total
-
-
-
-
Dividends
35 018
39 500
-
-
withholding
1 751
1 975
-
-
total
1 751
1 975
-
-
Income
39 500
39 500
39 500
39 500
Total tax
2 647
1 975
7 900
395
After tax
36 853
37 525
31 600
39 105
Living cost
3 585
3 585
3 585
3 585
Free-cash
33 268
33 940
28 015
35 520

Estimated living cost  is ₴3585 per week

₴2426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴150
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.
₴888
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
₴7338
₴8615
₴7829
₴5252
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
-
-
-
39 500
income
-
-
-
5 057
other
-
-
-
1 224
health
-
-
-
1 235
social contributions
-
-
-
1 125
pensions
-
-
-
8 373
surtax
-
-
-
-
total
-
-
-
17 014
Employee
19 006
-
31 384
-
pensions
2 150
-
1 843
-
income
1 658
-
5 376
-
social contributions
541
-
894
-
surtax
-
-
-
-
total
4 349
-
8 113
-
Employer
19 006
-
31 384
-
health
1 330
-
2 503
-
social contributions
57
-
94
-
pensions
3 123
-
3 164
-
unemployment
770
-
1 271
-
other
656
-
1 083
-
total
5 936
-
8 115
-
Corporate
14 558
39 500
-
-
income
4 076
11 060
-
-
surtax
-
-
-
-
total
4 076
11 060
-
-
Dividends
10 481
28 440
-
-
social contributions
1 802
4 891
-
-
surtax
-
-
-
-
withholding
1 342
3 640
-
-
total
3 144
8 531
-
-
Income
39 500
39 500
39 500
39 500
Total tax
17 505
19 591
16 228
17 014
After tax
21 995
19 909
23 272
22 486
Living cost
14 657
14 657
14 657
14 657
Free-cash
7 338
5 252
8 615
7 829

Estimated living cost  is ₴14657 per week

₴9919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1199
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.
₴3337
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
₴21823
₴17210
₴17212
₴23310
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.

-
-
-
39 500
pensions
-
-
-
5 810
unemployment
-
-
-
335
income
-
-
-
8 612
health
-
-
-
2 302
total
-
-
-
17 059
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.

7 886
-
35 500
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 129
-
income
1 087
-
8 612
-
total
2 656
-
13 060
-
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.

7 886
-
35 500
-
health
406
-
1 151
-
pensions
946
-
2 682
-
unemployment
59
-
168
-
total
1 411
-
4 001
-
Corporate
30 203
39 500
-
-
income
4 530
5 925
-
-
total
4 530
5 925
-
-
Dividends
25 672
33 575
-
-
withholding
3 851
5 036
-
-
total
3 851
5 036
-
-
Income
39 500
39 500
39 500
39 500
Total tax
12 448
10 961
17 061
17 059
After tax
27 052
28 539
22 439
22 441
Living cost
5 229
5 229
5 229
5 229
Free-cash
21 823
23 310
17 210
17 212

Estimated living cost  is ₴5229 per week

₴3521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1153
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
₴6254
₴9782
₴11702
-₴2574
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
-
-
-
39 500
pensions
-
-
-
3 634
city
-
-
-
417
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.

-
-
-
790
health
-
-
-
89
regional
-
-
-
1 753
national
-
-
-
479
total
-
-
-
7 162
Employee
24 149
-
35 354
-
health
55
-
80
-
unemployment
-
-
-
-
city
259
-
380
-
pensions
2 029
-
2 970
-
regional
791
-
1 507
-
national
114
-
388
-
total
3 248
-
5 325
-
Employer
24 149
-
35 354
-
health
55
-
80
-
pensions
2 029
-
2 970
-
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.

483
-
707
-
total
2 567
-
3 757
-
Corporate
12 519
39 500
-
-
regional
2 648
8 354
-
-
national
1 064
3 358
-
-
total
3 712
11 712
-
-
Dividends
8 807
27 788
-
-
withholding
3 083
9 726
-
-
total
3 083
9 726
-
-
Income
39 500
39 500
39 500
39 500
Total tax
12 610
21 438
9 082
7 162
After tax
26 890
18 062
30 418
32 338
Living cost
20 636
20 636
20 636
20 636
Free-cash
6 254
-2 574
9 782
11 702

Estimated living cost  is ₴20636 per week

₴13419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴5111
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
₴14069
₴9958
₴15374
₴13913
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

-
-
-
39 500
municipal
-
-
-
7 023
health
-
-
-
481
national
-
-
-
4 971
total
-
-
-
12 475
Employee
15 966
-
33 229
-
health
119
-
385
-
unemployment
240
-
499
-
pensions
1 077
-
2 243
-
national
264
-
3 076
-
municipal
2 615
-
5 418
-
total
4 315
-
11 621
-
Employer
15 966
-
33 229
-
health
123
-
256
-
pensions
2 770
-
5 765
-
accident
16
-
33
-
unemployment
104
-
216
-
total
3 013
-
6 270
-
Corporate
20 522
39 500
-
-
income
4 104
7 900
-
-
total
4 104
7 900
-
-
Dividends

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

12 313
23 700
-
-
municipal
2 217
4 266
-
-
national
131
1 770
-
-
total
2 348
6 036
-
-
Income
39 500
39 500
39 500
39 500
Total tax
13 780
13 936
17 891
12 475
After tax
25 720
25 564
21 609
27 025
Living cost
11 651
11 651
11 651
11 651
Free-cash
14 069
13 913
9 958
15 374

Estimated living cost  is ₴11651 per week

₴7610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴185
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.
₴2735
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
₴6504
₴3621
₴6545
₴11055
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
-
-
-
39 500
communal

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

-
-
-
1 994
social contributions
-
-
-
6 259
national
-
-
-
13 637
total
-
-
-
21 890
Employee

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

21 707
-
30 595
-
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.

1 020
-
1 438
-
communal

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

1 132
-
1 596
-
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
-
266
-
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.

1 628
-
2 295
-
national
6 674
-
10 314
-
total
10 643
-
15 909
-
Employer

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

21 707
-
30 595
-
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.

1 335
-
1 881
-
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.

1 923
-
2 711
-
surtax
2 461
-
3 469
-
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.

282
-
397
-
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.

317
-
447
-
total
6 318
-
8 905
-
Corporate
11 475
39 500
-
-
income
2 295
7 900
-
-
surtax
46
158
-
-
total
2 341
8 058
-
-
Dividends
9 134
31 442
-
-
withholding

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

2 629
9 322
-
-
total
2 629
9 322
-
-
Income
39 500
39 500
39 500
39 500
Total tax
21 931
17 380
24 814
21 890
After tax
17 569
22 120
14 686
17 610
Living cost
11 065
11 065
11 065
11 065
Free-cash
6 504
11 055
3 621
6 545

Estimated living cost  is ₴11065 per week

₴7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴2797
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
₴8136
₴7581
₴7934
₴8430
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
-
-
-
39 500
unemployment
-
-
-
29
municipal
-
-
-
9 292
other
-
-
-
3 346
health
-
-
-
1 797
national
-
-
-
795
accident
-
-
-
58
pensions
-
-
-
3 112
total
-
-
-
18 429
Employee
18 719
-
30 453
-
national
-
-
654
-
municipal
5 582
-
9 081
-
total
5 582
-
9 735
-
Employer
18 719
-
30 453
-
health
1 151
-
1 771
-
pensions
2 024
-
3 112
-
accident
37
-
58
-
unemployment
494
-
760
-
other
2 175
-
3 346
-
total
5 881
-
9 047
-
Corporate
14 899
39 500
-
-
income
3 278
8 690
-
-
total
3 278
8 690
-
-
Dividends
11 621
30 810
-
-
withholding
3 486
9 243
-
-
total
3 486
9 243
-
-
Income
39 500
39 500
39 500
39 500
Total tax
18 227
17 933
18 782
18 429
After tax
21 273
21 567
20 718
21 071
Living cost
13 137
13 137
13 137
13 137
Free-cash
8 136
8 430
7 581
7 934

Estimated living cost  is ₴13137 per week

₴8707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2942
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
-₴10965
₴20443
₴12694
₴9428
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
-
-
-
39 500
income
-
-
-
7 699
social contributions
-
-
-
4 503
total
-
-
-
12 202
Employee
20 940
-
-
-
income
4 619
-
-
-
social contributions
1 717
-
245
-
total
6 336
-
245
-
Employer
20 940
-
-
-
social contributions
29 525
-
4 208
-
total
29 525
-
4 208
-
Corporate
-
39 500
-
-
income
-
8 690
-
-
total
-
8 690
-
-
Dividends
-
30 810
-
-
income
-
6 778
-
-
total
-
6 778
-
-
Income
39 500
39 500
39 500
39 500
Total tax
35 861
15 468
4 453
12 202
After tax
3 639
24 032
35 047
27 298
Living cost
14 604
14 604
14 604
14 604
Free-cash
-10 965
9 428
20 443
12 694

Estimated living cost  is ₴14604 per week

₴9475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
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.
₴3569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴17759
₴17391
₴17806
₴19017
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
-
-
-
39 500
income
-
-
-
5 934
health
-
-
-
1 007
social contributions
-
-
-
4 910
total
-
-
-
11 851
Employee
23 335
23 335
36 218
-
health
232
397
616
-
income
2 450
2 160
5 756
-
social contributions
1 134
1 937
2 612
-
total
3 816
4 494
8 984
-
Employer
23 335
23 335
36 218
-
health
253
432
670
-
social contributions
1 134
1 937
2 612
-
total
1 387
2 369
3 282
-
Corporate
24 454
13 797
-
-
income
3 057
1 725
-
-
total
3 057
1 725
-
-
Dividends
21 397
12 072
-
-
withholding
3 638
2 052
-
-
total
3 638
2 052
-
-
Income
39 500
39 500
39 500
39 500
Total tax
11 898
10 640
12 266
11 851
After tax
27 602
28 860
27 234
27 649
Living cost
9 843
9 843
9 843
9 843
Free-cash
17 759
19 017
17 391
17 806

Estimated living cost  is ₴9843 per week

₴6729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
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.
₴2180
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
₴17109
₴12606
₴16248
₴16300
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
-
-
-
39 500
income
-
-
-
10 025
pensions
-
-
-
2 387
total
-
-
-
12 412
Employee
14 880
-
34 616
-
health
194
-
548
-
pensions
1 136
-
3 024
-
income
2 710
-
7 597
-
total
4 040
-
11 169
-
Employer
14 880
-
34 616
-
health
283
-
658
-
pensions
1 503
-
4 227
-
total
1 786
-
4 885
-
Corporate
22 834
39 500
-
-
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.

4 338
7 505
-
-
total
4 338
7 505
-
-
Dividends
18 495
31 995
-
-
withholding
1 387
4 855
-
-
total
1 387
4 855
-
-
Income
39 500
39 500
39 500
39 500
Total tax
11 551
12 360
16 054
12 412
After tax
27 949
27 140
23 446
27 088
Living cost
10 840
10 840
10 840
10 840
Free-cash
17 109
16 300
12 606
16 248

Estimated living cost  is ₴10840 per week

₴7436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴997
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.
₴2271
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
₴7336
₴5277
₴7084
₴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
-
-
-
39 500
municipal
-
-
-
264
regional
-
-
-
873
social contributions
-
-
-
10 160
national
-
-
-
9 030
total
-
-
-
20 327
Employee
25 572
-
39 500
-
social contributions
8 623
-
13 319
-
regional
386
-
749
-
national
4 321
-
7 830
-
municipal
153
-
236
-
total
13 483
-
22 134
-
Employer
25 572
-
39 500
-
total
-
-
-
-
Corporate
13 928
39 500
-
-
nationa
3 343
9 480
-
-
municipal
671
1 904
-
-
total
4 014
11 384
-
-
Dividends
9 914
28 116
-
-
withholding
2 578
7 310
-
-
total
2 578
7 310
-
-
Income
39 500
39 500
39 500
39 500
Total tax
20 075
18 694
22 134
20 327
After tax
19 425
20 806
17 366
19 173
Living cost
12 089
12 089
12 089
12 089
Free-cash
7 336
8 717
5 277
7 084

Estimated living cost  is ₴12089 per week

₴8492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
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.
₴2583
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
₴2204
₴14531
₴20559
-₴3289
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
-
-
-
39 500
pensions
-
-
-
1 227
income
-
-
-
10 399
other
-
-
-
109
health
-
-
-
643
accident
-
-
-
74
total
-
-
-
12 452
Employee
10 207
-
34 816
-
health
1 169
-
3 986
-
pensions
1 149
-
2 250
-
income
1 400
-
7 561
-
total
3 718
-
13 797
-
Employer
10 207
-
34 816
-
pensions
1 660
-
3 249
-
accident
170
-
581
-
unemployment
250
-
853
-
total
2 080
-
4 683
-
Corporate
27 213
39 500
-
-
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.

24 492
35 550
-
-
total
24 492
35 550
-
-
Dividends
2 721
3 950
-
-
withholding
517
750
-
-
total
517
750
-
-
Income
39 500
39 500
39 500
39 500
Total tax
30 807
36 300
18 480
12 452
After tax
8 693
3 200
21 020
27 048
Living cost
6 489
6 489
6 489
6 489
Free-cash
2 204
-3 289
14 531
20 559

Estimated living cost  is ₴6489 per week

₴4756
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.
₴135
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.
₴1238
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
₴12604
₴14463
₴10819
₴8636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
39 500
trade
-
-
-
3 644
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.

-
-
-
10 662
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.

-
-
-
2 073
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.

-
-
-
586
total
-
-
-
16 965
Employee

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

15 099
-
39 500
-
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.

2 073
-
2 073
-
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.

1 242
-
10 662
-
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
-
586
-
total
3 384
-
13 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 401
39 500
-
-
income
3 660
5 925
-
-
trade
3 501
5 668
-
-
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.

202
326
-
-
chamber of commerce
82
104
-
-
total
7 445
12 023
-
-
Dividends
16 956
27 476
-
-
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.

227
371
-
-
withholding
4 124
6 754
-
-
total
4 351
7 125
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 180
19 148
13 321
16 965
After tax
24 320
20 352
26 179
22 535
Living cost
11 716
11 716
11 716
11 716
Free-cash
12 604
8 636
14 463
10 819

Estimated living cost  is ₴11716 per week

₴8082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
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.
₴2203
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
₴22798
₴15848
₴5422
₴25287
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.

-
-
-
39 500
income
-
-
-
6 065
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.

-
-
-
11 627
surtax
-
-
-
10 073
total
-
-
-
27 765
Employee
8 867
-
31 832
-
income
1 578
-
6 170
-
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.

976
-
3 501
-
surtax
-
-
-
-
total
2 554
-
9 671
-
Employer
8 867
-
31 832
-
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.

2 136
-
7 668
-
surtax
-
-
-
-
total
2 136
-
7 668
-
Corporate
28 497
39 500
-
-
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%.

5 699
7 900
-
-
total
5 699
7 900
-
-
Dividends

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

22 797
31 600
-
-
total
-
-
-
-
Income
39 500
39 500
39 500
39 500
Total tax
10 389
7 900
17 339
27 765
After tax
29 111
31 600
22 161
11 735
Living cost
6 313
6 313
6 313
6 313
Free-cash
22 798
25 287
15 848
5 422

Estimated living cost  is ₴6313 per week

₴4028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴20277
₴19447
₴19715
₴20893
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
-
-
-
39 500
income
-
-
-
11 305
health
-
-
-
1 986
pensions
-
-
-
2 739
total
-
-
-
16 030
Employee
5 720
-
36 419
-
health
286
-
685
-
unemployment
57
-
137
-
pensions
515
-
1 233
-
income
1 106
-
11 161
-
total
1 964
-
13 216
-
Employer
5 720
-
36 419
-
health
543
-
1 301
-
pensions
629
-
1 507
-
unemployment
114
-
274
-
total
1 286
-
3 082
-
Corporate
32 494
39 500
-
-
income
7 149
8 690
-
-
total
7 149
8 690
-
-
Dividends
25 345
30 810
-
-
withholding
5 069
6 162
-
-
total
5 069
6 162
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 468
14 852
16 298
16 030
After tax
24 032
24 648
23 202
23 470
Living cost
3 755
3 755
3 755
3 755
Free-cash
20 277
20 893
19 447
19 715

Estimated living cost  is ₴3755 per week

₴2232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1133
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
₴17065
₴11402
₴12055
₴18029
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
-
-
-
39 500
pensions
-
-
-
7 900
unemployment
-
-
-
69
income
-
-
-
8 665
other
-
-
-
-
health
-
-
-
2 805
surtax
-
-
-
1 190
total
-
-
-
20 629
Employee
10 219
-
32 631
-
health
261
-
832
-
unemployment
711
-
2 271
-
pensions
682
-
2 176
-
income
1 713
-
8 047
-
other
-
-
-
-
surtax
36
-
1 087
-
total
3 403
-
14 413
-
Employer
10 219
-
32 631
-
health
465
-
1 485
-
pensions
1 363
-
4 350
-
unemployment
324
-
1 034
-
other
-
-
-
-
total
2 152
-
6 869
-
Corporate
27 129
39 500
-
-
income
7 053
10 270
-
-
total
7 053
10 270
-
-
Dividends
20 076
29 230
-
-
withholding
3 011
4 385
-
-
total
3 011
4 385
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 619
14 655
21 282
20 629
After tax
23 881
24 845
18 218
18 871
Living cost
6 816
6 816
6 816
6 816
Free-cash
17 065
18 029
11 402
12 055

Estimated living cost  is ₴6816 per week

₴4115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
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.
₴1950
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
₴12190
₴1135
₴10242
₴12340
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
-
-
-
39 500
pensions
-
-
-
6 559
chamber of commerce
-
-
-
158
unemployment
-
-
-
1 861
income
-
-
-