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
₴ 40500
per

Your estimated
City
free-cash

Valencia , Spain
₴17333
₴12875
₴14333
₴18810
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
-
-
-
40 500
unemployment
-
-
-
197
income
-
-
-
9 390
other
-
-
-
28
accident
-
-
-
253
pensions
-
-
-
7 957
total
-
-
-
17 825
Employee
11 216
-
31 537
-
unemployment
174
-
436
-
pensions
527
-
1 322
-
income
2 162
-
8 533
-
other
11
-
28
-
total
2 874
-
10 319
-
Employer
11 216
-
31 537
-
pensions
2 647
-
6 636
-
accident
222
-
557
-
unemployment
617
-
1 546
-
other
90
-
225
-
total
3 576
-
8 964
-
Corporate
25 708
40 500
-
-
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.

3 856
6 075
-
-
total
3 856
6 075
-
-
Dividends
21 851
34 425
-
-
withholding
4 519
7 273
-
-
total
4 519
7 273
-
-
Income
40 500
40 500
40 500
40 500
Total tax
14 825
13 348
19 283
17 825
After tax
25 675
27 152
21 217
22 675
Living cost
8 342
8 342
8 342
8 342
Free-cash
17 333
18 810
12 875
14 333

Estimated living cost  is ₴8342 per week

₴5630
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.
₴1763
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
₴19624
₴15180
₴13506
₴21672
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
-
-
-
40 500
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.

-
-
-
9 720
income
-
-
-
5 485
other
-
-
-
1 924
health
-
-
-
1 782
total
-
-
-
18 911
Employee
11 014
-
32 348
-
health
154
-
453
-
unemployment
110
-
324
-
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
-
2 265
-
income
1 896
-
6 043
-
total
2 931
-
9 085
-
Employer
11 014
-
32 348
-
health
154
-
453
-
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
-
5 499
-
accident
88
-
259
-
unemployment
110
-
324
-
other
551
-
1 617
-
total
2 776
-
8 152
-
Corporate
26 710
40 500
-
-
income
5 609
8 505
-
-
total
5 609
8 505
-
-
Dividends
21 101
31 995
-
-
withholding
1 477
2 240
-
-
total
1 477
2 240
-
-
Income
40 500
40 500
40 500
40 500
Total tax
12 793
10 745
17 237
18 911
After tax
27 707
29 755
23 263
21 589
Living cost
8 083
8 083
8 083
8 083
Free-cash
19 624
21 672
15 180
13 506

Estimated living cost  is ₴8083 per week

₴5711
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.
₴1696
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
₴29233
₴29054
₴27607
₴30643
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
-
-
-
40 500
pensions

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

-
-
-
1 571
unemployment
-
-
-
42
income
-
-
-
6 075
health
-
-
-
1 221
total
-
-
-
8 909
Employee
5 275
-
38 418
-
health
243
-
488
-
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
-
932
-
income
527
-
3 842
-
total
1 291
-
5 379
-
Employer
5 275
-
38 418
-
health
364
-
732
-
pensions

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

581
-
1 170
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 083
-
Corporate
34 190
40 500
-
-
income
3 419
4 050
-
-
total
3 419
4 050
-
-
Dividends
30 771
36 450
-
-
withholding
1 538
1 823
-
-
total
1 538
1 823
-
-
Income
40 500
40 500
40 500
40 500
Total tax
7 283
5 873
7 462
8 909
After tax
33 217
34 627
33 038
31 591
Living cost
3 984
3 984
3 984
3 984
Free-cash
29 233
30 643
29 054
27 607

Estimated living cost  is ₴3984 per week

₴2326
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.
₴1268
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
₴11825
₴13329
₴12654
₴10034
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
-
-
-
40 500
income
-
-
-
5 295
other
-
-
-
1 255
health
-
-
-
1 309
social contributions
-
-
-
1 154
pensions
-
-
-
8 455
surtax
-
-
-
-
total
-
-
-
17 468
Employee
12 983
-
32 105
-
pensions
1 468
-
1 917
-
income
766
-
5 566
-
social contributions
370
-
915
-
surtax
-
-
-
-
total
2 604
-
8 398
-
Employer
12 983
-
32 105
-
health
909
-
2 597
-
social contributions
39
-
96
-
pensions
2 133
-
3 284
-
unemployment
526
-
1 300
-
other
448
-
1 118
-
total
4 055
-
8 395
-
Corporate
23 463
40 500
-
-
income
6 570
11 340
-
-
surtax
-
-
-
-
total
6 570
11 340
-
-
Dividends
16 893
29 160
-
-
social contributions
2 906
5 015
-
-
surtax
-
-
-
-
withholding
2 162
3 733
-
-
total
5 068
8 748
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 297
20 088
16 793
17 468
After tax
22 203
20 412
23 707
23 032
Living cost
10 378
10 378
10 378
10 378
Free-cash
11 825
10 034
13 329
12 654

Estimated living cost  is ₴10378 per week

₴6544
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.
₴2814
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
₴5292
₴10619
₴10551
₴7150
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
-
-
-
40 500
pensions
-
-
-
3 554
income
-
-
-
9 946
health
-
-
-
3 741
total
-
-
-
17 241
Employee
25 904
25 904
34 863
-
health
3 976
3 382
3 741
-
pensions
4 663
3 554
3 554
-
income

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

4 240
4 240
4 240
-
total
12 879
11 176
11 535
-
Employer
25 904
25 904
34 863
-
health
1 801
1 801
2 238
-
pensions
1 803
1 803
2 241
-
unemployment
933
933
1 159
-
total
4 537
4 537
5 638
-
Corporate
10 377
10 059
-
-
income
2 075
2 012
-
-
total
2 075
2 012
-
-
Dividends
8 302
8 048
-
-
income
1 764
1 710
-
-
withholding
1 245
1 207
-
-
total
3 009
2 917
-
-
Income
40 500
40 500
40 500
40 500
Total tax
22 500
20 642
17 173
17 241
After tax
18 000
19 858
23 327
23 259
Living cost
12 708
12 708
12 708
12 708
Free-cash
5 292
7 150
10 619
10 551

Estimated living cost  is ₴12708 per week

₴9006
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.
₴2354
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
₴14617
₴17545
₴13388
₴11260
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.

-
-
-
40 500
trade
-
-
-
4 157
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.

-
-
-
11 085
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.

-
-
-
2 072
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.

-
-
-
610
total
-
-
-
17 924
Employee

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

11 602
-
40 500
-
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.

2 072
-
2 072
-
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
-
11 085
-
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
-
610
-
total
2 414
-
13 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 898
40 500
-
-
income
4 335
6 075
-
-
trade
4 551
6 379
-
-
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.

238
334
-
-
chamber of commerce
87
104
-
-
total
9 211
12 892
-
-
Dividends
19 686
27 608
-
-
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.

264
373
-
-
withholding
4 806
6 787
-
-
total
5 070
7 160
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 695
20 052
13 767
17 924
After tax
23 805
20 448
26 733
22 576
Living cost
9 188
9 188
9 188
9 188
Free-cash
14 617
11 260
17 545
13 388

Estimated living cost  is ₴9188 per week

₴5780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1071
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
₴20913
₴20886
₴21306
₴22564
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
-
-
-
40 500
income
-
-
-
6 230
health
-
-
-
1 033
social contributions
-
-
-
4 908
total
-
-
-
12 171
Employee
23 326
23 326
37 200
-
health
181
397
633
-
income
2 540
2 159
6 048
-
social contributions
882
1 936
2 611
-
total
3 603
4 492
9 292
-
Employer
23 326
23 326
37 200
-
health
196
432
688
-
social contributions
882
1 936
2 611
-
total
1 078
2 368
3 299
-
Corporate
28 796
14 807
-
-
income
3 600
1 851
-
-
total
3 600
1 851
-
-
Dividends
25 197
12 956
-
-
withholding
4 283
2 202
-
-
total
4 283
2 202
-
-
Income
40 500
40 500
40 500
40 500
Total tax
12 564
10 913
12 591
12 171
After tax
27 936
29 587
27 909
28 329
Living cost
7 023
7 023
7 023
7 023
Free-cash
20 913
22 564
20 886
21 306

Estimated living cost  is ₴7023 per week

₴4209
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.
₴1970
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
₴13217
₴9935
₴12611
₴13522
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.

-
-
-
40 500
income
-
-
-
4 300
social contributions

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

-
-
-
14 074
surtax
-
-
-
-
total
-
-
-
18 374
Employee
13 951
-
32 727
-
income
2 902
-
9 678
-
social contributions
1 535
-
3 600
-
surtax
-
-
-
-
total
4 437
-
13 278
-
Employer
13 951
-
32 727
-
social contributions
3 313
-
7 772
-
total
3 313
-
7 772
-
Corporate
23 235
40 500
-
-
income
4 879
8 505
-
-
surtax
-
-
-
-
total
4 879
8 505
-
-
Dividends
18 356
31 995
-
-
withholding
5 139
8 958
-
-
total
5 139
8 958
-
-
Income
40 500
40 500
40 500
40 500
Total tax
17 768
17 463
21 050
18 374
After tax
22 732
23 037
19 450
22 126
Living cost
9 515
9 515
9 515
9 515
Free-cash
13 217
13 522
9 935
12 611

Estimated living cost  is ₴9515 per week

₴7119
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
₴35744
₴30100
₴37795
₴36175
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%.

-
-
-
40 500
microenterprise

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

-
-
-
405
total
-
-
-
405
Employee
2 875
-
40 500
-
income
575
-
8 100
-
total
575
-
8 100
-
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%.

37 625
40 500
-
-
total
-
-
-
-
Dividends
37 625
40 500
-
-
withholding
1 881
2 025
-
-
total
1 881
2 025
-
-
Income
40 500
40 500
40 500
40 500
Total tax
2 456
2 025
8 100
405
After tax
38 044
38 475
32 400
40 095
Living cost
2 300
2 300
2 300
2 300
Free-cash
35 744
36 175
30 100
37 795

Estimated living cost  is ₴2300 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
₴17212
₴11212
₴12300
₴19748
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.

-
-
-
40 500
pensions
-
-
-
7 397
unemployment
-
-
-
61
income
-
-
-
8 621
health
-
-
-
3 985
total
-
-
-
20 064
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.

13 414
-
35 043
-
health
866
-
2 264
-
unemployment
19
-
49
-
pensions
2 079
-
5 432
-
income
2 313
-
7 951
-
total
5 277
-
15 696
-
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.

13 414
-
35 043
-
health
893
-
2 334
-
pensions
1 187
-
3 101
-
unemployment
8
-
21
-
total
2 088
-
5 456
-
Corporate
24 998
40 500
-
-
income
4 750
7 695
-
-
total
4 750
7 695
-
-
Dividends
20 248
32 805
-
-
withholding
3 037
4 921
-
-
total
3 037
4 921
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 152
12 616
21 152
20 064
After tax
25 348
27 884
19 348
20 436
Living cost
8 136
8 136
8 136
8 136
Free-cash
17 212
19 748
11 212
12 300

Estimated living cost  is ₴8136 per week

₴5584
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
₴14771
₴18575
₴18946
₴13711
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.

-
-
-
40 500
income
-
-
-
8 635
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
-
-
-
10 543
Employee
13 916
-
39 105
-
social contributions
1 394
-
1 395
-
income
1 510
-
8 124
-
total
2 904
-
9 519
-
Employer
13 916
-
39 105
-
social contributions
1 394
-
1 395
-
total
1 394
-
1 395
-
Corporate
25 190
40 500
-
-
income
8 817
14 175
-
-
total
8 817
14 175
-
-
Dividends
16 373
26 325
-
-
social contributions
1 603
1 603
-
-
total
1 603
1 603
-
-
Income
40 500
40 500
40 500
40 500
Total tax
14 718
15 778
10 914
10 543
After tax
25 782
24 722
29 586
29 957
Living cost
11 011
11 011
11 011
11 011
Free-cash
14 771
13 711
18 575
18 946

Estimated living cost  is ₴11011 per week

₴7253
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.
₴2721
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
₴18433
₴19122
₴19577
₴18278
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
-
-
-
40 500
income
-
-
-
6 075
health
-
-
-
2 827
social contributions
-
-
-
5 589
total
-
-
-
14 491
Employee
10 285
-
40 500
-
health
718
-
2 827
-
income
1 715
-
6 530
-
social contributions
1 420
-
5 589
-
total
3 853
-
14 946
-
Employer
10 285
-
40 500
-
total
-
-
-
-
Corporate
30 215
40 500
-
-
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%.

1 511
2 025
-
-
total
1 511
2 025
-
-
Dividends
28 704
38 475
-
-
social contributions
3 961
5 309
-
-
withholding
4 306
5 771
-
-
health
2 004
2 685
-
-
total
10 271
13 765
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 635
15 790
14 946
14 491
After tax
24 865
24 710
25 554
26 009
Living cost
6 432
6 432
6 432
6 432
Free-cash
18 433
18 278
19 122
19 577

Estimated living cost  is ₴6432 per week

₴4305
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.
₴1582
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
₴16356
₴12054
₴12846
₴19387
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
-
-
-
40 500
income
-
-
-
3 766
health
-
-
-
5 468
social contributions
-
-
-
9 923
solidarity contribution
-
-
-
-
total
-
-
-
19 157
Employee
12 496
-
30 224
-
health
1 687
-
4 080
-
solidarity contribution
-
-
-
-
income
1 500
-
3 627
-
social contributions
812
-
1 965
-
total
3 999
-
9 672
-
Employer
12 496
-
30 224
-
health
1 125
-
2 720
-
social contributions
3 124
-
7 556
-
total
4 249
-
10 276
-
Corporate
23 755
40 500
-
-
income
4 513
7 695
-
-
total
4 513
7 695
-
-
Dividends
19 242
32 805
-
-
withholding
2 886
4 921
-
-
total
2 886
4 921
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 647
12 616
19 948
19 157
After tax
24 853
27 884
20 552
21 343
Living cost
8 498
8 498
8 498
8 498
Free-cash
16 356
19 387
12 054
12 846

Estimated living cost  is ₴8498 per week

₴6319
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.
₴1560
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
₴34218
₴28815
₴36510
₴34890
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%.

-
-
-
40 500
microenterprise

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

-
-
-
405
total
-
-
-
405
Employee
4 481
-
40 500
-
income
896
-
8 100
-
total
896
-
8 100
-
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%.

36 019
40 500
-
-
total
-
-
-
-
Dividends
36 019
40 500
-
-
withholding
1 801
2 025
-
-
total
1 801
2 025
-
-
Income
40 500
40 500
40 500
40 500
Total tax
2 697
2 025
8 100
405
After tax
37 803
38 475
32 400
40 095
Living cost
3 585
3 585
3 585
3 585
Free-cash
34 218
34 890
28 815
36 510

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
₴7845
₴9056
₴8381
₴5761
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
-
-
-
40 500
income
-
-
-
5 295
other
-
-
-
1 255
health
-
-
-
1 309
social contributions
-
-
-
1 154
pensions
-
-
-
8 455
surtax
-
-
-
-
total
-
-
-
17 468
Employee
18 999
-
32 105
-
pensions
2 149
-
1 917
-
income
1 658
-
5 566
-
social contributions
541
-
915
-
surtax
-
-
-
-
total
4 348
-
8 398
-
Employer
18 999
-
32 105
-
health
1 330
-
2 597
-
social contributions
57
-
96
-
pensions
3 122
-
3 284
-
unemployment
770
-
1 300
-
other
656
-
1 118
-
total
5 935
-
8 395
-
Corporate
15 567
40 500
-
-
income
4 359
11 340
-
-
surtax
-
-
-
-
total
4 359
11 340
-
-
Dividends
11 208
29 160
-
-
social contributions
1 927
5 015
-
-
surtax
-
-
-
-
withholding
1 435
3 733
-
-
total
3 362
8 748
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 004
20 088
16 793
17 468
After tax
22 496
20 412
23 707
23 032
Living cost
14 651
14 651
14 651
14 651
Free-cash
7 845
5 761
9 056
8 381

Estimated living cost  is ₴14651 per week

₴9916
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.
₴3336
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
₴22546
₴17961
₴17962
₴24032
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.

-
-
-
40 500
pensions
-
-
-
5 810
unemployment
-
-
-
335
income
-
-
-
8 862
health
-
-
-
2 302
total
-
-
-
17 309
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.

7 885
-
36 500
-
health
406
-
1 151
-
unemployment
59
-
168
-
pensions
1 104
-
3 128
-
income
1 087
-
8 862
-
total
2 656
-
13 309
-
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.

7 885
-
36 500
-
health
406
-
1 151
-
pensions
946
-
2 682
-
unemployment
59
-
168
-
total
1 411
-
4 001
-
Corporate
31 203
40 500
-
-
income
4 680
6 075
-
-
total
4 680
6 075
-
-
Dividends
26 523
34 425
-
-
withholding
3 978
5 164
-
-
total
3 978
5 164
-
-
Income
40 500
40 500
40 500
40 500
Total tax
12 725
11 239
17 310
17 309
After tax
27 775
29 261
23 190
23 191
Living cost
5 229
5 229
5 229
5 229
Free-cash
22 546
24 032
17 961
17 962

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.
₴404
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
₴6708
₴10505
₴12474
-₴2124
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
-
-
-
40 500
pensions
-
-
-
3 726
city
-
-
-
427
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.

-
-
-
810
health
-
-
-
91
regional
-
-
-
1 823
national
-
-
-
505
total
-
-
-
7 382
Employee
24 159
-
36 250
-
health
55
-
82
-
unemployment
-
-
-
-
city
259
-
389
-
pensions
2 030
-
3 045
-
regional
791
-
1 571
-
national
114
-
412
-
total
3 249
-
5 499
-
Employer
24 159
-
36 250
-
health
55
-
82
-
pensions
2 030
-
3 045
-
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
-
725
-
total
2 568
-
3 852
-
Corporate
13 508
40 500
-
-
regional
2 857
8 566
-
-
national
1 148
3 442
-
-
total
4 005
12 008
-
-
Dividends
9 503
28 492
-
-
withholding
3 326
9 972
-
-
total
3 326
9 972
-
-
Income
40 500
40 500
40 500
40 500
Total tax
13 148
21 980
9 351
7 382
After tax
27 352
18 520
31 149
33 118
Living cost
20 644
20 644
20 644
20 644
Free-cash
6 708
-2 124
10 505
12 474

Estimated living cost  is ₴20644 per week

₴13425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1853
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.
₴5114
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
₴14731
₴10422
₴15976
₴14506
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

-
-
-
40 500
municipal
-
-
-
7 200
health
-
-
-
497
national
-
-
-
5 181
total
-
-
-
12 878
Employee
15 960
-
34 071
-
health
119
-
398
-
unemployment
239
-
511
-
pensions
1 077
-
2 300
-
national
264
-
3 239
-
municipal
2 614
-
5 555
-
total
4 313
-
12 003
-
Employer
15 960
-
34 071
-
health
123
-
262
-
pensions
2 769
-
5 911
-
accident
16
-
34
-
unemployment
104
-
222
-
total
3 012
-
6 429
-
Corporate
21 529
40 500
-
-
income
4 306
8 100
-
-
total
4 306
8 100
-
-
Dividends

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

12 917
24 300
-
-
municipal
2 325
4 374
-
-
national
167
1 874
-
-
total
2 492
6 248
-
-
Income
40 500
40 500
40 500
40 500
Total tax
14 123
14 348
18 432
12 878
After tax
26 377
26 152
22 068
27 622
Living cost
11 646
11 646
11 646
11 646
Free-cash
14 731
14 506
10 422
15 976

Estimated living cost  is ₴11646 per week

₴7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1120
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.
₴2734
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
₴7068
₴3920
₴6926
₴11617
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
-
-
-
40 500
communal

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

-
-
-
2 046
social contributions
-
-
-
6 401
national
-
-
-
14 067
total
-
-
-
22 514
Employee

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

21 698
-
31 368
-
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.

1 019
-
1 474
-
communal

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

1 132
-
1 636
-
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
-
273
-
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.

1 627
-
2 353
-
national
6 671
-
10 651
-
total
10 638
-
16 387
-
Employer

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

21 698
-
31 368
-
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.

1 334
-
1 930
-
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
-
2 779
-
surtax
2 460
-
3 558
-
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
-
408
-
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
-
458
-
total
6 316
-
9 133
-
Corporate
12 486
40 500
-
-
income
2 497
8 100
-
-
surtax
50
162
-
-
total
2 547
8 262
-
-
Dividends
9 938
32 238
-
-
withholding

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

2 871
9 561
-
-
total
2 871
9 561
-
-
Income
40 500
40 500
40 500
40 500
Total tax
22 372
17 823
25 520
22 514
After tax
18 128
22 677
14 980
17 986
Living cost
11 060
11 060
11 060
11 060
Free-cash
7 068
11 617
3 920
6 926

Estimated living cost  is ₴11060 per week

₴7124
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.
₴2796
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
₴8686
₴8087
₴8441
₴8981
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
-
-
-
40 500
unemployment
-
-
-
29
municipal
-
-
-
9 591
other
-
-
-
3 344
health
-
-
-
1 796
national
-
-
-
998
accident
-
-
-
58
pensions
-
-
-
3 111
total
-
-
-
18 927
Employee
18 711
-
31 457
-
national
-
-
857
-
municipal
5 580
-
9 381
-
total
5 580
-
10 238
-
Employer
18 711
-
31 457
-
health
1 151
-
1 770
-
pensions
2 023
-
3 111
-
accident
37
-
58
-
unemployment
494
-
760
-
other
2 174
-
3 344
-
total
5 879
-
9 043
-
Corporate
15 910
40 500
-
-
income
3 500
8 910
-
-
total
3 500
8 910
-
-
Dividends
12 410
31 590
-
-
withholding
3 723
9 477
-
-
total
3 723
9 477
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 682
18 387
19 281
18 927
After tax
21 818
22 113
21 219
21 573
Living cost
13 132
13 132
13 132
13 132
Free-cash
8 686
8 981
8 087
8 441

Estimated living cost  is ₴13132 per week

₴8703
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.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2941
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
-₴9903
₴21467
₴13403
₴10054
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
-
-
-
40 500
income
-
-
-
7 894
social contributions
-
-
-
4 617
total
-
-
-
12 511
Employee
20 914
-
-
-
income
4 613
-
-
-
social contributions
1 715
-
244
-
total
6 328
-
244
-
Employer
20 914
-
-
-
social contributions
29 489
-
4 203
-
total
29 489
-
4 203
-
Corporate
-
40 500
-
-
income
-
8 910
-
-
total
-
8 910
-
-
Dividends
-
31 590
-
-
income
-
6 950
-
-
total
-
6 950
-
-
Income
40 500
40 500
40 500
40 500
Total tax
35 817
15 860
4 447
12 511
After tax
4 683
24 640
36 053
27 989
Living cost
14 586
14 586
14 586
14 586
Free-cash
-9 903
10 054
21 467
13 403

Estimated living cost  is ₴14586 per week

₴9464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
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.
₴3564
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
₴18491
₴18070
₴18490
₴19748
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
-
-
-
40 500
income
-
-
-
6 230
health
-
-
-
1 033
social contributions
-
-
-
4 908
total
-
-
-
12 171
Employee
23 326
23 326
37 200
-
health
232
397
633
-
income
2 449
2 159
6 048
-
social contributions
1 133
1 936
2 611
-
total
3 814
4 492
9 292
-
Employer
23 326
23 326
37 200
-
health
253
432
688
-
social contributions
1 133
1 936
2 611
-
total
1 386
2 368
3 299
-
Corporate
25 460
14 807
-
-
income
3 183
1 851
-
-
total
3 183
1 851
-
-
Dividends
22 277
12 956
-
-
withholding
3 787
2 202
-
-
total
3 787
2 202
-
-
Income
40 500
40 500
40 500
40 500
Total tax
12 170
10 913
12 591
12 171
After tax
28 330
29 587
27 909
28 329
Living cost
9 839
9 839
9 839
9 839
Free-cash
18 491
19 748
18 070
18 490

Estimated living cost  is ₴9839 per week

₴6726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴768
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.
₴2179
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
₴17876
₴13119
₴16846
₴16854
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
-
-
-
40 500
income
-
-
-
10 424
pensions
-
-
-
2 405
total
-
-
-
12 829
Employee
14 859
-
35 480
-
health
194
-
557
-
pensions
1 134
-
3 038
-
income
2 706
-
7 941
-
total
4 034
-
11 536
-
Employer
14 859
-
35 480
-
health
282
-
674
-
pensions
1 501
-
4 346
-
total
1 783
-
5 020
-
Corporate
23 858
40 500
-
-
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.

4 533
7 695
-
-
total
4 533
7 695
-
-
Dividends
19 324
32 805
-
-
withholding
1 449
5 126
-
-
total
1 449
5 126
-
-
Income
40 500
40 500
40 500
40 500
Total tax
11 799
12 821
16 556
12 829
After tax
28 701
27 679
23 944
27 671
Living cost
10 825
10 825
10 825
10 825
Free-cash
17 876
16 854
13 119
16 846

Estimated living cost  is ₴10825 per week

₴7426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴995
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.
₴2268
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
₴7867
₴5659
₴7513
₴9247
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
-
-
-
40 500
municipal
-
-
-
271
regional
-
-
-
902
social contributions
-
-
-
10 416
national
-
-
-
9 313
total
-
-
-
20 902
Employee
25 562
-
40 500
-
social contributions
8 619
-
13 657
-
regional
386
-
775
-
national
4 320
-
8 082
-
municipal
153
-
242
-
total
13 478
-
22 756
-
Employer
25 562
-
40 500
-
total
-
-
-
-
Corporate
14 938
40 500
-
-
nationa
3 585
9 720
-
-
municipal
720
1 952
-
-
total
4 305
11 672
-
-
Dividends
10 633
28 828
-
-
withholding
2 765
7 496
-
-
total
2 765
7 496
-
-
Income
40 500
40 500
40 500
40 500
Total tax
20 548
19 168
22 756
20 902
After tax
19 952
21 332
17 744
19 598
Living cost
12 084
12 084
12 084
12 084
Free-cash
7 867
9 247
5 659
7 513

Estimated living cost  is ₴12084 per week

₴8489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2582
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
₴2288
₴15133
₴21259
-₴3189
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
-
-
-
40 500
pensions
-
-
-
1 223
income
-
-
-
10 725
other
-
-
-
109
health
-
-
-
641
accident
-
-
-
74
total
-
-
-
12 772
Employee
10 176
-
35 786
-
health
1 165
-
4 097
-
pensions
1 146
-
2 243
-
income
1 396
-
7 843
-
total
3 707
-
14 183
-
Employer
10 176
-
35 786
-
pensions
1 655
-
3 240
-
accident
170
-
598
-
unemployment
249
-
877
-
total
2 074
-
4 715
-
Corporate
28 250
40 500
-
-
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.

25 425
36 450
-
-
total
25 425
36 450
-
-
Dividends
2 825
4 050
-
-
withholding
537
770
-
-
total
537
770
-
-
Income
40 500
40 500
40 500
40 500
Total tax
31 743
37 220
18 898
12 772
After tax
8 757
3 280
21 602
27 728
Living cost
6 469
6 469
6 469
6 469
Free-cash
2 288
-3 189
15 133
21 259

Estimated living cost  is ₴6469 per week

₴4741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴358
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.
₴1234
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
₴13121
₴15022
₴11234
₴9154
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.

-
-
-
40 500
trade
-
-
-
3 788
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.

-
-
-
11 085
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.

-
-
-
2 072
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.

-
-
-
610
total
-
-
-
17 555
Employee

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

15 093
-
40 500
-
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.

2 072
-
2 072
-
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.

1 241
-
11 085
-
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
-
610
-
total
3 382
-
13 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 407
40 500
-
-
income
3 811
6 075
-
-
trade
3 646
5 812
-
-
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.

210
334
-
-
chamber of commerce
83
105
-
-
total
7 750
12 326
-
-
Dividends
17 657
28 174
-
-
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.

237
381
-
-
withholding
4 299
6 928
-
-
total
4 536
7 309
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 668
19 635
13 767
17 555
After tax
24 832
20 865
26 733
22 945
Living cost
11 711
11 711
11 711
11 711
Free-cash
13 121
9 154
15 022
11 234

Estimated living cost  is ₴11711 per week

₴8079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1260
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.
₴2202
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
₴23601
₴16401
₴5943
₴26089
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.

-
-
-
40 500
income
-
-
-
6 296
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.

-
-
-
11 622
surtax
-
-
-
10 328
total
-
-
-
28 246
Employee
8 864
-
32 638
-
income
1 578
-
6 336
-
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.

975
-
3 590
-
surtax
-
-
-
-
total
2 553
-
9 926
-
Employer
8 864
-
32 638
-
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.

2 135
-
7 862
-
surtax
-
-
-
-
total
2 135
-
7 862
-
Corporate
29 501
40 500
-
-
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%.

5 900
8 100
-
-
total
5 900
8 100
-
-
Dividends

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

23 601
32 400
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
10 588
8 100
17 788
28 246
After tax
29 912
32 400
22 712
12 254
Living cost
6 311
6 311
6 311
6 311
Free-cash
23 601
26 089
16 401
5 943

Estimated living cost  is ₴6311 per week

₴4026
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.
₴1540
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
₴20902
₴20099
₴20366
₴21518
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
-
-
-
40 500
income
-
-
-
11 656
health
-
-
-
1 985
pensions
-
-
-
2 739
total
-
-
-
16 380
Employee
5 718
-
37 419
-
health
286
-
685
-
unemployment
57
-
137
-
pensions
515
-
1 232
-
income
1 106
-
11 512
-
total
1 964
-
13 566
-
Employer
5 718
-
37 419
-
health
543
-
1 301
-
pensions
629
-
1 506
-
unemployment
114
-
274
-
total
1 286
-
3 081
-
Corporate
33 495
40 500
-
-
income
7 369
8 910
-
-
total
7 369
8 910
-
-
Dividends
26 126
31 590
-
-
withholding
5 225
6 318
-
-
total
5 225
6 318
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 844
15 228
16 647
16 380
After tax
24 656
25 272
23 853
24 120
Living cost
3 754
3 754
3 754
3 754
Free-cash
20 902
21 518
20 099
20 366

Estimated living cost  is ₴3754 per week

₴2231
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
₴17695
₴11731
₴12404
₴18662
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
-
-
-
40 500
pensions
-
-
-
8 097
unemployment
-
-
-
69
income
-
-
-
8 997
other
-
-
-
-
health
-
-
-
2 874
surtax
-
-
-
1 246
total
-
-
-
21 283
Employee
10 216
-
33 457
-
health
261
-
853
-
unemployment
711
-
2 329
-
pensions
682
-
2 232
-
income
1 713
-
8 360
-
other
-
-
-
-
surtax
36
-
1 140
-
total
3 403
-
14 914
-
Employer
10 216
-
33 457
-
health
465
-
1 522
-
pensions
1 362
-
4 460
-
unemployment
324
-
1 060
-
other
-
-
-
-
total
2 151
-
7 042
-
Corporate
28 134
40 500
-
-
income
7 315
10 530
-
-
total
7 315
10 530
-
-
Dividends
20 819
29 970
-
-
withholding
3 123
4 495
-
-
total
3 123
4 495
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 992
15 025
21 956
21 283
After tax
24 508
25 475
18 544
19 217
Living cost
6 813
6 813
6 813
6 813
Free-cash
17 695
18 662
11 731
12 404

Estimated living cost  is ₴6813 per week

₴4114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
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
₴12737
₴1313
₴10822
₴12886
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
-
-
-
40 500
pensions
-
-
-
6 556
chamber of commerce
-
-
-
162
unemployment
-
-
-
1 861
income
-
-
-