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
₴ 40000
per

Your estimated
City
free-cash

Andorra , Andorra
₴19806
₴24473
₴20870
₴25632
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
-
-
-
40 000
social contributions
-
-
-
8 800
income
-
-
-
1 026
total
-
-
-
9 826
Employee
11 089
-
34 632
-
social contributions
721
-
2 251
-
income
-
-
1 143
-
total
721
-
3 394
-
Employer
11 089
-
34 632
-
social contributions
1 719
-
5 368
-
total
1 719
-
5 368
-
Corporate
27 192
40 000
-
-
income
2 719
4 000
-
-
total
2 719
4 000
-
-
Dividends
24 473
36 000
-
-
total
-
-
-
-
Income
40 000
40 000
40 000
40 000
Total tax
5 159
4 000
8 762
9 826
After tax
34 841
36 000
31 238
30 174
Living cost
10 368
10 368
10 368
10 368
Free-cash
24 473
25 632
20 870
19 806

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
₴8867
₴11194
₴435
₴11364
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
-
-
-
40 000
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 060
chamber of commerce
-
-
-
160
pensions
-
-
-
7 400
income
-
-
-
7 394
total
-
-
-
20 129
Employee
15 077
13 745
31 060
-
unemployment
452
412
932
-
other
151
137
311
-
income
1 343
1 014
6 559
-
pensions
1 544
1 407
3 180
-
health
583
532
1 202
-
total
4 073
3 502
12 184
-
Employer
15 077
13 745
31 060
-
pensions
1 892
1 725
3 898
-
surtax
-
-
-
-
payroll
452
412
932
-
other
716
653
1 475
-
health
570
520
1 174
-
accident
196
179
404
-
unemployment
452
412
932
-
chamber of commerce
60
55
124
-
total
4 338
3 956
8 939
-
Corporate
20 584
22 299
29 751
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

5 146
5 575
7 438
-
total
5 146
5 575
7 438
-
Dividends
15 438
16 724
-
-
withholding
4 245
4 599
-
-
total
4 245
4 599
-
-
Income
40 000
40 000
40 000
40 000
Total tax
17 802
17 632
28 561
20 129
After tax
22 198
22 368
11 439
19 871
Living cost
11 004
11 004
11 004
11 004
Free-cash
11 194
11 364
435
8 867

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
₴7649
₴9643
-₴726
₴10177
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
-
-
-
40 000
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 060
chamber of commerce
-
-
-
160
pensions
-
-
-
7 400
income
-
-
-
7 394
total
-
-
-
20 197
Employee
17 237
13 745
31 008
-
unemployment
517
412
930
-
other
172
137
310
-
income
1 962
1 014
6 542
-
pensions
1 765
1 407
3 175
-
health
667
532
1 200
-
total
5 083
3 502
12 157
-
Employer
17 237
13 745
31 008
-
pensions
2 163
1 725
3 891
-
surtax
68
68
68
-
payroll
517
412
930
-
other
819
653
1 473
-
health
651
520
1 172
-
accident
224
179
403
-
unemployment
517
412
930
-
chamber of commerce
69
55
124
-
total
5 028
4 024
8 991
-
Corporate
17 734
22 230
29 699
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

4 434
5 558
7 424
-
total
4 434
5 558
7 424
-
Dividends
13 301
16 673
-
-
withholding
3 658
4 585
-
-
total
3 658
4 585
-
-
Income
40 000
40 000
40 000
40 000
Total tax
18 203
17 669
28 572
20 197
After tax
21 797
22 331
11 428
19 803
Living cost
12 154
12 154
12 154
12 154
Free-cash
9 643
10 177
-726
7 649

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
₴5590
₴4664
₴2664
₴9837
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
-
-
-
40 000
national
-
-
-
13 398
communal

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

-
-
-
2 015
social contributions
-
-
-
6 421
total
-
-
-
21 834
Employee

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

24 672
-
30 981
-
unemployment

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

215
-
270
-
national
7 585
-
10 075
-
communal

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

1 287
-
1 616
-
pensions

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

1 850
-
2 324
-
health

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

1 159
-
1 456
-
total
12 096
-
15 741
-
Employer

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

24 672
-
30 981
-
surtax
2 798
-
3 514
-
pensions

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

2 186
-
2 745
-
health

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

1 517
-
1 905
-
accident

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

321
-
403
-
unemployment

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

360
-
452
-
total
7 182
-
9 019
-
Corporate
8 146
40 000
-
-
income
1 629
8 000
-
-
surtax
33
160
-
-
total
1 662
8 160
-
-
Dividends
6 484
31 840
-
-
withholding

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

1 820
9 427
-
-
total
1 820
9 427
-
-
Income
40 000
40 000
40 000
40 000
Total tax
22 760
17 587
24 760
21 834
After tax
17 240
22 413
15 240
18 166
Living cost
12 576
12 576
12 576
12 576
Free-cash
4 664
9 837
2 664
5 590

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴24869
₴26182
₴26215
₴28279
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
-
-
-
40 000
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
6 000
total
-
-
-
9 210
Employee
7 841
-
37 641
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
3 764
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
5 505
-
Employer
7 841
-
37 641
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
30 621
40 000
-
-
income
3 062
4 000
-
-
total
3 062
4 000
-
-
Dividends
27 559
36 000
-
-
withholding
1 378
1 800
-
-
total
1 378
1 800
-
-
Income
40 000
40 000
40 000
40 000
Total tax
7 897
5 800
7 864
9 210
After tax
32 103
34 200
32 136
30 790
Living cost
5 921
5 921
5 921
5 921
Free-cash
26 182
28 279
26 215
24 869

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴26277
₴28087
₴27623
₴29687
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
-
-
-
40 000
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
6 000
total
-
-
-
9 210
Employee
5 976
-
37 641
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
3 764
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
5 505
-
Employer
5 976
-
37 641
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
32 851
40 000
-
-
income
3 285
4 000
-
-
total
3 285
4 000
-
-
Dividends
29 566
36 000
-
-
withholding
1 478
1 800
-
-
total
1 478
1 800
-
-
Income
40 000
40 000
40 000
40 000
Total tax
7 400
5 800
7 864
9 210
After tax
32 600
34 200
32 136
30 790
Living cost
4 513
4 513
4 513
4 513
Free-cash
28 087
29 687
27 623
26 277

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴20099
₴19385
₴19660
₴21263
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
-
-
-
40 000
health
-
-
-
1 020
social contributions
-
-
-
5 581
income
-
-
-
5 314
total
-
-
-
11 915
Employee
26 522
26 522
36 358
-
income
2 888
2 455
5 125
-
social contributions
1 003
2 201
2 969
-
health
206
451
618
-
total
4 097
5 107
8 712
-
Employer
26 522
26 522
36 358
-
social contributions
1 003
2 201
2 969
-
health
223
491
673
-
total
1 226
2 692
3 642
-
Corporate
26 692
10 785
-
-
income
3 336
1 348
-
-
total
3 336
1 348
-
-
Dividends
23 356
9 437
-
-
withholding
3 970
1 604
-
-
total
3 970
1 604
-
-
Income
40 000
40 000
40 000
40 000
Total tax
12 629
10 751
12 354
11 915
After tax
27 371
29 249
27 646
28 085
Living cost
7 986
7 986
7 986
7 986
Free-cash
19 385
21 263
19 660
20 099

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴16898
₴16631
₴16459
₴18062
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
-
-
-
40 000
health
-
-
-
1 020
social contributions
-
-
-
5 581
income
-
-
-
5 314
total
-
-
-
11 915
Employee
26 522
26 522
36 358
-
income
2 785
2 455
5 125
-
social contributions
1 289
2 201
2 969
-
health
264
451
618
-
total
4 338
5 107
8 712
-
Employer
26 522
26 522
36 358
-
social contributions
1 289
2 201
2 969
-
health
287
491
673
-
total
1 576
2 692
3 642
-
Corporate
22 899
10 785
-
-
income
2 862
1 348
-
-
total
2 862
1 348
-
-
Dividends
20 037
9 437
-
-
withholding
3 406
1 604
-
-
total
3 406
1 604
-
-
Income
40 000
40 000
40 000
40 000
Total tax
12 182
10 751
12 354
11 915
After tax
27 818
29 249
27 646
28 085
Living cost
11 187
11 187
11 187
11 187
Free-cash
16 631
18 062
16 459
16 898

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴11711
₴16738
₴12337
₴19579
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
-
-
-
40 000
health
-
-
-
5 400
social contributions
-
-
-
11 456
income
-
-
-
3 472
solidarity contribution
-
-
-
-
total
-
-
-
20 328
Employee
11 708
-
29 851
-
income
1 405
-
3 582
-
social contributions
761
-
1 940
-
health
1 581
-
4 030
-
solidarity contribution
-
-
-
-
total
3 747
-
9 552
-
Employer
11 708
-
29 851
-
social contributions
2 927
-
7 463
-
health
1 054
-
2 687
-
total
3 981
-
10 150
-
Corporate
24 312
40 000
-
-
income
4 619
7 600
-
-
total
4 619
7 600
-
-
Dividends
19 693
32 400
-
-
withholding
2 954
4 860
-
-
total
2 954
4 860
-
-
Income
40 000
40 000
40 000
40 000
Total tax
15 301
12 460
19 702
20 328
After tax
24 699
27 540
20 298
19 672
Living cost
7 961
7 961
7 961
7 961
Free-cash
16 738
19 579
12 337
11 711

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴9862
₴14230
₴10488
₴17730
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
-
-
-
40 000
health
-
-
-
5 400
social contributions
-
-
-
11 456
income
-
-
-
3 472
solidarity contribution
-
-
-
-
total
-
-
-
20 328
Employee
14 427
-
29 851
-
income
1 731
-
3 582
-
social contributions
938
-
1 940
-
health
1 948
-
4 030
-
solidarity contribution
-
-
-
-
total
4 617
-
9 552
-
Employer
14 427
-
29 851
-
social contributions
3 607
-
7 463
-
health
1 298
-
2 687
-
total
4 905
-
10 150
-
Corporate
20 668
40 000
-
-
income
3 927
7 600
-
-
total
3 927
7 600
-
-
Dividends
16 741
32 400
-
-
withholding
2 511
4 860
-
-
total
2 511
4 860
-
-
Income
40 000
40 000
40 000
40 000
Total tax
15 960
12 460
19 702
20 328
After tax
24 040
27 540
20 298
19 672
Living cost
9 810
9 810
9 810
9 810
Free-cash
14 230
17 730
10 488
9 862

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
₴7827
-₴35381
-₴35381
-₴35381
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
-
-
-
40 000
national
-
-
-
4 325
pensions
-
-
-
300
municipal
-
-
-
7 710
labour market
-
-
-
3 176
total
-
-
-
15 511
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
40 000
40 000
40 000
40 000
Total tax
58 719
58 719
58 719
15 511
After tax
-18 719
-18 719
-18 719
24 489
Living cost
16 662
16 662
16 662
16 662
Free-cash
-35 381
-35 381
-35 381
7 827

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴13109
₴21525
₴14724
₴23669
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
-
-
-
40 000
health
-
-
-
5 200
pensions
-
-
-
8 000
income
-
-
-
5 360
total
-
-
-
18 560
Employee
9 785
-
29 895
-
unemployment
156
-
478
-
income
1 102
-
5 764
-
pensions
196
-
598
-
total
1 454
-
6 840
-
Employer
9 785
-
29 895
-
pensions
1 957
-
5 979
-
health
1 272
-
3 887
-
unemployment
79
-
239
-
total
3 308
-
10 105
-
Corporate
26 908
40 000
-
-
income
5 382
8 000
-
-
total
5 382
8 000
-
-
Dividends
21 526
32 000
-
-
total
-
-
-
-
Income
40 000
40 000
40 000
40 000
Total tax
10 144
8 000
16 945
18 560
After tax
29 856
32 000
23 055
21 440
Living cost
8 331
8 331
8 331
8 331
Free-cash
21 525
23 669
14 724
13 109

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₴14545
₴12755
₴9061
₴12933
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

-
-
-
40 000
national
-
-
-
4 626
health
-
-
-
472
municipal
-
-
-
7 115
total
-
-
-
12 213
Employee
18 147
-
33 650
-
unemployment
272
-
505
-
municipal
2 972
-
5 490
-
national
300
-
2 707
-
pensions
1 225
-
2 271
-
health
135
-
374
-
total
4 904
-
11 347
-
Employer
18 147
-
33 650
-
pensions
3 148
-
5 839
-
health
139
-
259
-
accident
18
-
33
-
unemployment
118
-
219
-
total
3 423
-
6 350
-
Corporate
18 429
40 000
-
-
income
3 686
8 000
-
-
total
3 686
8 000
-
-
Dividends

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

11 058
24 000
-
-
municipal
1 990
4 320
-
-
national
-
1 505
-
-
total
1 990
5 825
-
-
Income
40 000
40 000
40 000
40 000
Total tax
14 003
13 825
17 697
12 213
After tax
25 997
26 175
22 303
27 787
Living cost
13 242
13 242
13 242
13 242
Free-cash
12 755
12 933
9 061
14 545

Estimated living cost  is ₴13242 per week

₴8650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
₴12245
₴11446
₴13650
₴9528
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
-
-
-
40 000
surtax
-
-
-
-
health
-
-
-
1 043
pensions
-
-
-
9 111
social contributions
-
-
-
1 140
income
-
-
-
4 589
other
-
-
-
1 240
total
-
-
-
17 123
Employee
13 177
-
32 105
-
income
679
-
5 174
-
surtax
-
-
-
-
social contributions
376
-
915
-
pensions
1 490
-
1 735
-
total
2 545
-
7 824
-
Employer
13 177
-
32 105
-
pensions
2 165
-
3 009
-
social contributions
39
-
96
-
other
455
-
1 107
-
health
922
-
2 382
-
unemployment
533
-
1 300
-
total
4 114
-
7 894
-
Corporate
22 708
40 000
-
-
income
6 358
11 200
-
-
surtax
-
-
-
-
total
6 358
11 200
-
-
Dividends
16 350
28 800
-
-
withholding
2 093
3 686
-
-
social contributions
2 812
4 954
-
-
surtax
-
-
-
-
total
4 905
8 640
-
-
Income
40 000
40 000
40 000
40 000
Total tax
17 922
19 840
15 718
17 123
After tax
22 078
20 160
24 282
22 877
Living cost
10 632
10 632
10 632
10 632
Free-cash
11 446
9 528
13 650
12 245

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴11076
₴10395
₴12481
₴8359
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
-
-
-
40 000
surtax
-
-
-
-
health
-
-
-
1 043
pensions
-
-
-
9 111
social contributions
-
-
-
1 140
income
-
-
-
4 589
other
-
-
-
1 240
total
-
-
-
17 123
Employee
14 762
-
32 105
-
income
871
-
5 174
-
surtax
-
-
-
-
social contributions
421
-
915
-
pensions
1 669
-
1 735
-
total
2 961
-
7 824
-
Employer
14 762
-
32 105
-
pensions
2 425
-
3 009
-
social contributions
45
-
96
-
other
509
-
1 107
-
health
1 034
-
2 382
-
unemployment
598
-
1 300
-
total
4 611
-
7 894
-
Corporate
20 628
40 000
-
-
income
5 776
11 200
-
-
surtax
-
-
-
-
total
5 776
11 200
-
-
Dividends
14 852
28 800
-
-
withholding
1 901
3 686
-
-
social contributions
2 555
4 954
-
-
surtax
-
-
-
-
total
4 456
8 640
-
-
Income
40 000
40 000
40 000
40 000
Total tax
17 804
19 840
15 718
17 123
After tax
22 196
20 160
24 282
22 877
Living cost
11 801
11 801
11 801
11 801
Free-cash
10 395
8 359
12 481
11 076

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴6218
₴5872
₴7623
₴3501
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
-
-
-
40 000
surtax
-
-
-
-
health
-
-
-
1 043
pensions
-
-
-
9 111
social contributions
-
-
-
1 140
income
-
-
-
4 589
other
-
-
-
1 240
total
-
-
-
17 123
Employee
21 603
-
32 105
-
income
1 885
-
5 174
-
surtax
-
-
-
-
social contributions
615
-
915
-
pensions
2 443
-
1 735
-
total
4 943
-
7 824
-
Employer
21 603
-
32 105
-
pensions
3 550
-
3 009
-
social contributions
65
-
96
-
other
746
-
1 107
-
health
1 512
-
2 382
-
unemployment
875
-
1 300
-
total
6 748
-
7 894
-
Corporate
11 650
40 000
-
-
income
3 262
11 200
-
-
surtax
-
-
-
-
total
3 262
11 200
-
-
Dividends
8 388
28 800
-
-
withholding
1 073
3 686
-
-
social contributions
1 443
4 954
-
-
surtax
-
-
-
-
total
2 516
8 640
-
-
Income
40 000
40 000
40 000
40 000
Total tax
17 469
19 840
15 718
17 123
After tax
22 531
20 160
24 282
22 877
Living cost
16 659
16 659
16 659
16 659
Free-cash
5 872
3 501
7 623
6 218

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴37368
₴35349
₴29768
₴35768
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%.

-
-
-
40 000
microenterprise

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

-
-
-
400
total
-
-
-
400
Employee
2 789
-
40 000
-
income
558
-
8 000
-
total
558
-
8 000
-
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%.

37 211
40 000
-
-
total
-
-
-
-
Dividends
37 211
40 000
-
-
withholding
1 861
2 000
-
-
total
1 861
2 000
-
-
Income
40 000
40 000
40 000
40 000
Total tax
2 419
2 000
8 000
400
After tax
37 581
38 000
32 000
39 600
Living cost
2 232
2 232
2 232
2 232
Free-cash
35 349
35 768
29 768
37 368

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴36123
₴33871
₴28523
₴34523
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%.

-
-
-
40 000
microenterprise

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

-
-
-
400
total
-
-
-
400
Employee
4 347
-
40 000
-
income
869
-
8 000
-
total
869
-
8 000
-
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%.

35 653
40 000
-
-
total
-
-
-
-
Dividends
35 653
40 000
-
-
withholding
1 783
2 000
-
-
total
1 783
2 000
-
-
Income
40 000
40 000
40 000
40 000
Total tax
2 652
2 000
8 000
400
After tax
37 348
38 000
32 000
39 600
Living cost
3 477
3 477
3 477
3 477
Free-cash
33 871
34 523
28 523
36 123

Estimated living cost  is ₴3477 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴10272
₴11816
₴13711
₴7304
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.

-
-
-
40 000
surtax

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

-
-
-
554
health

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

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

-
-
-
2 356
income

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

-
-
-
10 063
trade
-
-
-
3 439
total
-
-
-
16 412
Employee

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

17 162
-
40 000
-
income

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

1 411
-
10 063
-
surtax

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

78
-
554
-
health

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

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

2 356
-
2 356
-
total
3 845
-
12 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 838
40 000
-
-
trade
3 277
5 740
-
-
income
3 426
6 000
-
-
chamber of commerce
86
111
-
-
surtax

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

189
330
-
-
total
6 978
12 181
-
-
Dividends
15 861
27 819
-
-
withholding
3 834
6 824
-
-
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.

211
375
-
-
total
4 045
7 199
-
-
Income
40 000
40 000
40 000
40 000
Total tax
14 868
19 380
12 973
16 412
After tax
25 132
20 620
27 027
23 588
Living cost
13 316
13 316
13 316
13 316
Free-cash
11 816
7 304
13 711
10 272

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
₴12806
₴13578
₴16580
₴9761
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.

-
-
-
40 000
surtax

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

-
-
-
554
health

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

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

-
-
-
2 356
income

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

-
-
-
10 063
trade
-
-
-
3 774
total
-
-
-
16 747
Employee

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

13 192
-
40 000
-
income

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

369
-
10 063
-
surtax

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

20
-
554
-
health

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

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

2 356
-
2 356
-
total
2 745
-
12 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 808
40 000
-
-
trade
4 222
6 300
-
-
income
4 021
6 000
-
-
chamber of commerce
91
110
-
-
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.

221
330
-
-
total
8 555
12 740
-
-
Dividends
18 252
27 260
-
-
withholding
4 432
6 684
-
-
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.

243
368
-
-
total
4 675
7 052
-
-
Income
40 000
40 000
40 000
40 000
Total tax
15 975
19 792
12 973
16 747
After tax
24 025
20 208
27 027
23 253
Living cost
10 447
10 447
10 447
10 447
Free-cash
13 578
9 761
16 580
12 806

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
₴9535
₴11300
₴13477
₴6453
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.

-
-
-
40 000
surtax

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

-
-
-
554
health

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

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

-
-
-
2 356
income

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

-
-
-
10 063
trade
-
-
-
3 942
total
-
-
-
16 915
Employee

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

17 491
-
40 000
-
income

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

1 503
-
10 063
-
surtax

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

82
-
554
-
health

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

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

2 356
-
2 356
-
total
3 941
-
12 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 509
40 000
-
-
trade
3 703
6 580
-
-
income
3 376
6 000
-
-
chamber of commerce
84
109
-
-
surtax

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

186
330
-
-
total
7 349
13 019
-
-
Dividends
15 159
26 980
-
-
withholding
3 659
6 614
-
-
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.

201
364
-
-
total
3 860
6 978
-
-
Income
40 000
40 000
40 000
40 000
Total tax
15 150
19 997
12 973
16 915
After tax
24 850
20 003
27 027
23 085
Living cost
13 550
13 550
13 550
13 550
Free-cash
11 300
6 453
13 477
9 535

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
₴7116
₴9590
₴11226
₴3996
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.

-
-
-
40 000
surtax

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

-
-
-
554
health

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

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

-
-
-
2 356
income

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

-
-
-
10 063
trade
-
-
-
4 110
total
-
-
-
17 083
Employee

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

20 729
-
40 000
-
income

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

2 438
-
10 063
-
surtax

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

134
-
554
-
health

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

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

2 356
-
2 356
-
total
4 928
-
12 973
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 271
40 000
-
-
trade
3 305
6 860
-
-
income
2 890
6 000
-
-
chamber of commerce
79
109
-
-
surtax

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

159
330
-
-
total
6 433
13 299
-
-
Dividends
12 838
26 701
-
-
withholding
3 078
6 544
-
-
surtax

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

170
360
-
-
total
3 248
6 904
-
-
Income
40 000
40 000
40 000
40 000
Total tax
14 609
20 203
12 973
17 083
After tax
25 391
19 797
27 027
22 917
Living cost
15 801
15 801
15 801
15 801
Free-cash
9 590
3 996
11 226
7 116

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
₴12006
₴16316
₴11350
₴17413
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
-
-
-
40 000
surtax
-
-
-
1 085
unemployment
-
-
-
79
health
-
-
-
2 840
pensions
-
-
-
8 000
income
-
-
-
8 243
other
-
-
-
-
total
-
-
-
20 247
Employee
11 616
-
33 044
-
unemployment
808
-
2 300
-
other
-
-
-
-
income
1 947
-
7 620
-
surtax
41
-
982
-
pensions
775
-
2 204
-
health
297
-
842
-
total
3 868
-
13 948
-
Employer
11 616
-
33 044
-
pensions
1 549
-
4 405
-
other
-
-
-
-
health
528
-
1 503
-
unemployment
369
-
1 047
-
total
2 446
-
6 955
-
Corporate
25 939
40 000
-
-
income
6 744
10 400
-
-
total
6 744
10 400
-
-
Dividends
19 195
29 600
-
-
withholding
2 879
4 440
-
-
total
2 879
4 440
-
-
Income
40 000
40 000
40 000
40 000
Total tax
15 937
14 840
20 903
20 247
After tax
24 063
25 160
19 097
19 753
Living cost
7 747
7 747
7 747
7 747
Free-cash
16 316
17 413
11 350
12 006

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴12142
₴16476
₴11486
₴17549
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
-
-
-
40 000
surtax
-
-
-
1 085
unemployment
-
-
-
79
health
-
-
-
2 840
pensions
-
-
-
8 000
income
-
-
-
8 243
other
-
-
-
-
total
-
-
-
20 247
Employee
11 406
-
33 044
-
unemployment
794
-
2 300
-
other
-
-
-
-
income
1 912
-
7 620
-
surtax
37
-
982
-
pensions
761
-
2 204
-
health
291
-
842
-
total
3 795
-
13 948
-
Employer
11 406
-
33 044
-
pensions
1 521
-
4 405
-
other
-
-
-
-
health
519
-
1 503
-
unemployment
361
-
1 047
-
total
2 401
-
6 955
-
Corporate
26 193
40 000
-
-
income
6 810
10 400
-
-
total
6 810
10 400
-
-
Dividends
19 383
29 600
-
-
withholding
2 907
4 440
-
-
total
2 907
4 440
-
-
Income
40 000
40 000
40 000
40 000
Total tax
15 913
14 840
20 903
20 247
After tax
24 087
25 160
19 097
19 753
Living cost
7 611
7 611
7 611
7 611
Free-cash
16 476
17 549
11 486
12 142

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴20863
₴15822
₴16342
₴15679
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
-
-
-
40 000
unemployment
-
-
-
600
health
-
-
-
2 800
pensions
-
-
-
4 000
income
-
-
-
4 890
total
-
-
-
12 290
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 884
3 934
33 473
-
unemployment
148
59
502
-
income
1 208
481
4 092
-
pensions
988
393
3 347
-
health
692
275
2 343
-
total
3 036
1 208
10 284
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 884
3 934
33 473
-
pensions
1 927
767
6 527
-
total
1 927
767
6 527
-
Corporate
28 189
35 299
-
-
income
2 537
3 177
-
-
total
2 537
3 177
-
-
Dividends
25 652
32 122
-
-
withholding
4 874
6 103
-
-
social contributions
4 957
6 219
-
-
total
9 831
12 322
-
-
Income
40 000
40 000
40 000
40 000
Total tax
17 331
17 474
16 811
12 290
After tax
22 669
22 526
23 189
27 710
Living cost
6 847
6 847
6 847
6 847
Free-cash
15 822
15 679
16 342
20 863

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₴7225
₴7984
₴7539
₴8261
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
-
-
-
40 000
national
-
-
-
6 592
pensions
-
-
-
4 800
social contributions
-
-
-
430
municipal
-
-
-
4 254
total
-
-
-
16 076
Employee
25 887
-
34 580
-
municipal
3 197
-
4 409
-
national
4 955
-
6 832
-
pensions
1 035
-
1 383
-
total
9 187
-
12 624
-
Employer
25 887
-
34 580
-
pensions
2 071
-
2 766
-
social contributions
278
-
372
-
total
2 349
-
3 138
-
Corporate
10 056
40 000
-
-
income

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

2 011
8 000
-
-
total
2 011
8 000
-
-
Dividends
8 045
32 000
-
-
withholding
1 770
7 040
-
-
total
1 770
7 040
-
-
Income
40 000
40 000
40 000
40 000
Total tax
15 317
15 040
15 762
16 076
After tax
24 683
24 960
24 238
23 924
Living cost
16 699
16 699
16 699
16 699
Free-cash
7 984
8 261
7 539
7 225

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
₴6380
₴9115
₴6380
₴8352
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
-
-
-
40 000
social contributions
-
-
-
3 673
income
-
-
-
10 299
total
-
-
-
13 972
Employee
26 980
-
40 000
-
social contributions
2 241
-
3 673
-
income
5 091
-
10 299
-
total
7 332
-
13 972
-
Employer
26 980
-
40 000
-
total
-
-
-
-
Corporate
13 020
40 000
-
-
income
1 627
5 000
-
-
total
1 627
5 000
-
-
Dividends
11 393
35 000
-
-
withholding
2 278
7 000
-
-
total
2 278
7 000
-
-
Income
40 000
40 000
40 000
40 000
Total tax
11 237
12 000
13 972
13 972
After tax
28 763
28 000
26 028
26 028
Living cost
19 648
19 648
19 648
19 648
Free-cash
9 115
8 352
6 380
6 380

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
₴5587
₴4986
₴3684
₴6788
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
-
-
-
40 000
national
-
-
-
8 882
regional
-
-
-
451
social contributions
-
-
-
10 288
municipal
-
-
-
238
total
-
-
-
19 859
Employee
30 654
-
40 000
-
municipal
162
-
212
-
national
5 312
-
7 666
-
social contributions
10 337
-
13 488
-
regional
289
-
396
-
total
16 100
-
21 762
-
Employer
30 654
-
40 000
-
total
-
-
-
-
Corporate
9 346
40 000
-
-
nationa
2 243
9 600
-
-
municipal
365
1 560
-
-
total
2 608
11 160
-
-
Dividends
6 738
28 840
-
-
withholding
1 752
7 498
-
-
total
1 752
7 498
-
-
Income
40 000
40 000
40 000
40 000
Total tax
20 460
18 658
21 762
19 859
After tax
19 540
21 342
18 238
20 141
Living cost
14 554
14 554
14 554
14 554
Free-cash
4 986
6 788
3 684
5 587

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴10698
₴10968
₴8805
₴11734
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
-
-
-
40 000
national
-
-
-
8 882
regional
-
-
-
603
social contributions
-
-
-
10 288
municipal
-
-
-
238
total
-
-
-
20 011
Employee
19 133
-
40 000
-
municipal
101
-
212
-
national
3 031
-
7 666
-
social contributions
6 452
-
13 488
-
regional
258
-
538
-
total
9 842
-
21 904
-
Employer
19 133
-
40 000
-
total
-
-
-
-
Corporate
20 867
40 000
-
-
nationa
5 008
9 600
-
-
municipal
1 037
1 988
-
-
total
6 045
11 588