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

Andorra , Andorra
₴20091
₴24831
₴21168
₴25999
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
social contributions
-
-
-
8 910
income
-
-
-
1 048
total
-
-
-
9 958
Employee
11 178
-
35 065
-
social contributions
726
-
2 279
-
income
-
-
1 167
-
total
726
-
3 446
-
Employer
11 178
-
35 065
-
social contributions
1 733
-
5 435
-
total
1 733
-
5 435
-
Corporate
27 590
40 500
-
-
income
2 759
4 050
-
-
total
2 759
4 050
-
-
Dividends
24 830
36 450
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
5 218
4 050
8 881
9 958
After tax
35 282
36 450
31 619
30 542
Living cost
10 451
10 451
10 451
10 451
Free-cash
24 831
25 999
21 168
20 091

Estimated living cost  is ₴10451 per week

₴6758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
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.
₴2709
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
₴9013
₴11380
₴468
₴11551
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
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
3 098
chamber of commerce
-
-
-
162
pensions
-
-
-
7 493
income
-
-
-
7 510
total
-
-
-
20 395
Employee
15 198
13 856
31 448
-
unemployment
456
416
944
-
other
152
139
315
-
income
1 354
1 022
6 659
-
pensions
1 556
1 419
3 220
-
health
588
536
1 217
-
total
4 106
3 532
12 355
-
Employer
15 198
13 856
31 448
-
pensions
1 907
1 739
3 947
-
surtax
-
-
-
-
payroll
456
416
944
-
other
722
658
1 494
-
health
575
524
1 189
-
accident
197
180
409
-
unemployment
456
416
944
-
chamber of commerce
61
55
126
-
total
4 374
3 988
9 053
-
Corporate
20 928
22 657
30 129
-
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.

5 232
5 664
7 532
-
total
5 232
5 664
7 532
-
Dividends
15 696
16 992
-
-
withholding
4 316
4 673
-
-
total
4 316
4 673
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 028
17 857
28 940
20 395
After tax
22 472
22 643
11 560
20 105
Living cost
11 092
11 092
11 092
11 092
Free-cash
11 380
11 551
468
9 013

Estimated living cost  is ₴11092 per week

₴6654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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

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
₴7785
₴9819
-₴701
₴10354
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
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
3 098
chamber of commerce
-
-
-
162
pensions
-
-
-
7 493
income
-
-
-
7 510
total
-
-
-
20 464
Employee
17 376
13 856
31 395
-
unemployment
521
416
942
-
other
174
139
314
-
income
1 978
1 022
6 641
-
pensions
1 779
1 419
3 215
-
health
672
536
1 215
-
total
5 124
3 532
12 327
-
Employer
17 376
13 856
31 395
-
pensions
2 181
1 739
3 940
-
surtax
69
69
69
-
payroll
521
416
942
-
other
825
658
1 491
-
health
656
524
1 187
-
accident
226
180
408
-
unemployment
521
416
942
-
chamber of commerce
69
55
125
-
total
5 068
4 057
9 104
-
Corporate
18 056
22 588
30 077
-
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.

4 514
5 647
7 519
-
total
4 514
5 647
7 519
-
Dividends
13 542
16 941
-
-
withholding
3 724
4 659
-
-
total
3 724
4 659
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 430
17 895
28 950
20 464
After tax
22 070
22 605
11 550
20 036
Living cost
12 251
12 251
12 251
12 251
Free-cash
9 819
10 354
-701
7 785

Estimated living cost  is ₴12251 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1045
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.
₴2834
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
₴5702
₴4803
₴2738
₴10016
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
national
-
-
-
13 583
communal

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

-
-
-
2 040
social contributions
-
-
-
6 498
total
-
-
-
22 121
Employee

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

24 870
-
31 368
-
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.

216
-
273
-
national
7 646
-
10 216
-
communal

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

1 297
-
1 636
-
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.

1 865
-
2 353
-
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.

1 168
-
1 475
-
total
12 192
-
15 953
-
Employer

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

24 870
-
31 368
-
surtax
2 820
-
3 558
-
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.

2 204
-
2 779
-
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.

1 529
-
1 929
-
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.

323
-
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.

363
-
458
-
total
7 239
-
9 132
-
Corporate
8 391
40 500
-
-
income
1 678
8 100
-
-
surtax
34
162
-
-
total
1 712
8 262
-
-
Dividends
6 679
32 237
-
-
withholding

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

1 877
9 545
-
-
total
1 877
9 545
-
-
Income
40 500
40 500
40 500
40 500
Total tax
23 020
17 807
25 085
22 121
After tax
17 480
22 693
15 415
18 379
Living cost
12 677
12 677
12 677
12 677
Free-cash
4 803
10 016
2 738
5 702

Estimated living cost  is ₴12677 per week

₴8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1108
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.
₴3205
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
₴25199
₴26527
₴26563
₴28645
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
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
6 075
total
-
-
-
9 319
Employee
7 921
-
38 117
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
792
-
3 812
-
pensions

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

695
-
1 067
-
health
364
-
559
-
total
1 938
-
5 572
-
Employer
7 921
-
38 117
-
pensions

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

873
-
1 338
-
health
547
-
838
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 555
-
2 383
-
Corporate
31 025
40 500
-
-
income
3 102
4 050
-
-
total
3 102
4 050
-
-
Dividends
27 923
36 450
-
-
withholding
1 396
1 823
-
-
total
1 396
1 823
-
-
Income
40 500
40 500
40 500
40 500
Total tax
7 991
5 873
7 955
9 319
After tax
32 509
34 627
32 545
31 181
Living cost
5 982
5 982
5 982
5 982
Free-cash
26 527
28 645
26 563
25 199

Estimated living cost  is ₴5982 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴26622
₴28454
₴27986
₴30068
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
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
6 075
total
-
-
-
9 319
Employee
6 037
-
38 117
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
income
604
-
3 812
-
pensions

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

530
-
1 067
-
health
278
-
559
-
total
1 478
-
5 572
-
Employer
6 037
-
38 117
-
pensions

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

665
-
1 338
-
health
417
-
838
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
unemployment
36
-
73
-
total
1 184
-
2 383
-
Corporate
33 278
40 500
-
-
income
3 328
4 050
-
-
total
3 328
4 050
-
-
Dividends
29 951
36 450
-
-
withholding
1 497
1 823
-
-
total
1 497
1 823
-
-
Income
40 500
40 500
40 500
40 500
Total tax
7 487
5 873
7 955
9 319
After tax
33 013
34 627
32 545
31 181
Living cost
4 559
4 559
4 559
4 559
Free-cash
28 454
30 068
27 986
26 622

Estimated living cost  is ₴4559 per week

₴2662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
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.
₴1451
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
₴20383
₴19671
₴19938
₴21561
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
health
-
-
-
1 033
social contributions
-
-
-
5 625
income
-
-
-
5 409
total
-
-
-
12 067
Employee
26 735
26 735
36 826
-
income
2 911
2 475
5 218
-
social contributions
1 011
2 219
2 993
-
health
207
455
626
-
total
4 129
5 149
8 837
-
Employer
26 735
26 735
36 826
-
social contributions
1 011
2 219
2 993
-
health
225
495
682
-
total
1 236
2 714
3 675
-
Corporate
27 085
11 051
-
-
income
3 385
1 382
-
-
total
3 385
1 382
-
-
Dividends
23 700
9 670
-
-
withholding
4 029
1 644
-
-
total
4 029
1 644
-
-
Income
40 500
40 500
40 500
40 500
Total tax
12 779
10 889
12 512
12 067
After tax
27 721
29 611
27 988
28 433
Living cost
8 050
8 050
8 050
8 050
Free-cash
19 671
21 561
19 938
20 383

Estimated living cost  is ₴8050 per week

₴4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴2258
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
₴17156
₴16894
₴16711
₴18334
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
health
-
-
-
1 033
social contributions
-
-
-
5 625
income
-
-
-
5 409
total
-
-
-
12 067
Employee
26 735
26 735
36 826
-
income
2 807
2 475
5 218
-
social contributions
1 299
2 219
2 993
-
health
266
455
626
-
total
4 372
5 149
8 837
-
Employer
26 735
26 735
36 826
-
social contributions
1 299
2 219
2 993
-
health
290
495
682
-
total
1 589
2 714
3 675
-
Corporate
23 262
11 051
-
-
income
2 908
1 382
-
-
total
2 908
1 382
-
-
Dividends
20 354
9 670
-
-
withholding
3 460
1 644
-
-
total
3 460
1 644
-
-
Income
40 500
40 500
40 500
40 500
Total tax
12 329
10 889
12 512
12 067
After tax
28 171
29 611
27 988
28 433
Living cost
11 277
11 277
11 277
11 277
Free-cash
16 894
18 334
16 711
17 156

Estimated living cost  is ₴11277 per week

₴7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2498
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
₴11901
₴16976
₴12511
₴19843
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
health
-
-
-
5 468
social contributions
-
-
-
11 571
income
-
-
-
3 519
solidarity contribution
-
-
-
-
total
-
-
-
20 558
Employee
11 826
-
30 224
-
income
1 419
-
3 627
-
social contributions
769
-
1 965
-
health
1 596
-
4 080
-
solidarity contribution
-
-
-
-
total
3 784
-
9 672
-
Employer
11 826
-
30 224
-
social contributions
2 956
-
7 556
-
health
1 064
-
2 720
-
total
4 020
-
10 276
-
Corporate
24 654
40 500
-
-
income
4 684
7 695
-
-
total
4 684
7 695
-
-
Dividends
19 969
32 805
-
-
withholding
2 995
4 921
-
-
total
2 995
4 921
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 483
12 616
19 948
20 558
After tax
25 017
27 884
20 552
19 942
Living cost
8 041
8 041
8 041
8 041
Free-cash
16 976
19 843
12 511
11 901

Estimated living cost  is ₴8041 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
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.
₴1726
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
₴10033
₴14441
₴10643
₴17975
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
health
-
-
-
5 468
social contributions
-
-
-
11 571
income
-
-
-
3 519
solidarity contribution
-
-
-
-
total
-
-
-
20 558
Employee
14 572
-
30 224
-
income
1 749
-
3 627
-
social contributions
947
-
1 965
-
health
1 967
-
4 080
-
solidarity contribution
-
-
-
-
total
4 663
-
9 672
-
Employer
14 572
-
30 224
-
social contributions
3 643
-
7 556
-
health
1 311
-
2 720
-
total
4 954
-
10 276
-
Corporate
20 973
40 500
-
-
income
3 985
7 695
-
-
total
3 985
7 695
-
-
Dividends
16 988
32 805
-
-
withholding
2 548
4 921
-
-
total
2 548
4 921
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 150
12 616
19 948
20 558
After tax
24 350
27 884
20 552
19 942
Living cost
9 909
9 909
9 909
9 909
Free-cash
14 441
17 975
10 643
10 033

Estimated living cost  is ₴9909 per week

₴7369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴1820
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
₴7996
-₴35459
-₴35459
-₴35459
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
national
-
-
-
4 381
pensions
-
-
-
302
municipal
-
-
-
7 815
labour market
-
-
-
3 216
total
-
-
-
15 714
Employee
70 867
70 867
70 867
-
municipal
15 091
15 091
15 091
-
national
8 658
8 658
8 658
-
pensions
101
101
101
-
labour market
5 661
5 661
5 661
-
total
29 511
29 511
29 511
-
Employer
70 867
70 867
70 867
-
pensions
201
201
201
-
labour market
5 669
5 669
5 669
-
municipal
15 115
15 115
15 115
-
national
8 673
8 673
8 673
-
total
29 658
29 658
29 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
59 169
59 169
59 169
15 714
After tax
-18 669
-18 669
-18 669
24 786
Living cost
16 790
16 790
16 790
16 790
Free-cash
-35 459
-35 459
-35 459
7 996

Estimated living cost  is ₴16790 per week

₴11491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3555
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
₴13310
₴21843
₴14945
₴24002
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
health
-
-
-
5 265
pensions
-
-
-
8 100
income
-
-
-
5 427
total
-
-
-
18 792
Employee
9 863
-
30 269
-
unemployment
158
-
484
-
income
1 110
-
5 836
-
pensions
197
-
606
-
total
1 465
-
6 926
-
Employer
9 863
-
30 269
-
pensions
1 973
-
6 054
-
health
1 282
-
3 935
-
unemployment
79
-
242
-
total
3 334
-
10 231
-
Corporate
27 303
40 500
-
-
income
5 460
8 100
-
-
total
5 460
8 100
-
-
Dividends
21 842
32 400
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
10 259
8 100
17 157
18 792
After tax
30 241
32 400
23 343
21 708
Living cost
8 398
8 398
8 398
8 398
Free-cash
21 843
24 002
14 945
13 310

Estimated living cost  is ₴8398 per week

₴5760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴1969
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
₴14770
₴12979
₴9216
₴13143
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
national
-
-
-
4 700
health
-
-
-
478
municipal
-
-
-
7 204
total
-
-
-
12 382
Employee
18 292
-
34 070
-
unemployment
274
-
511
-
municipal
2 996
-
5 558
-
national
302
-
2 758
-
pensions
1 234
-
2 300
-
health
137
-
379
-
total
4 943
-
11 506
-
Employer
18 292
-
34 070
-
pensions
3 174
-
5 911
-
health
141
-
263
-
accident
18
-
34
-
unemployment
119
-
222
-
total
3 452
-
6 430
-
Corporate
18 756
40 500
-
-
income
3 752
8 100
-
-
total
3 752
8 100
-
-
Dividends

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

11 254
24 300
-
-
municipal
2 026
4 374
-
-
national
-
1 535
-
-
total
2 026
5 909
-
-
Income
40 500
40 500
40 500
40 500
Total tax
14 173
14 009
17 936
12 382
After tax
26 327
26 491
22 564
28 118
Living cost
13 348
13 348
13 348
13 348
Free-cash
12 979
13 143
9 216
14 770

Estimated living cost  is ₴13348 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴3133
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
₴12441
₴11625
₴13838
₴9695
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
surtax
-
-
-
-
health
-
-
-
1 065
pensions
-
-
-
9 199
social contributions
-
-
-
1 154
income
-
-
-
4 668
other
-
-
-
1 256
total
-
-
-
17 342
Employee
13 283
-
32 493
-
income
685
-
5 250
-
surtax
-
-
-
-
social contributions
379
-
926
-
pensions
1 502
-
1 762
-
total
2 566
-
7 938
-
Employer
13 283
-
32 493
-
pensions
2 183
-
3 055
-
social contributions
40
-
98
-
other
459
-
1 121
-
health
930
-
2 417
-
unemployment
538
-
1 316
-
total
4 150
-
8 007
-
Corporate
23 069
40 500
-
-
income
6 459
11 340
-
-
surtax
-
-
-
-
total
6 459
11 340
-
-
Dividends
16 610
29 160
-
-
withholding
2 126
3 732
-
-
social contributions
2 857
5 016
-
-
surtax
-
-
-
-
total
4 983
8 748
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 158
20 088
15 945
17 342
After tax
22 342
20 412
24 555
23 158
Living cost
10 717
10 717
10 717
10 717
Free-cash
11 625
9 695
13 838
12 441

Estimated living cost  is ₴10717 per week

₴6215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3210
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
₴11263
₴10571
₴12660
₴8517
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
surtax
-
-
-
-
health
-
-
-
1 065
pensions
-
-
-
9 199
social contributions
-
-
-
1 154
income
-
-
-
4 668
other
-
-
-
1 256
total
-
-
-
17 342
Employee
14 880
-
32 493
-
income
878
-
5 250
-
surtax
-
-
-
-
social contributions
424
-
926
-
pensions
1 682
-
1 762
-
total
2 984
-
7 938
-
Employer
14 880
-
32 493
-
pensions
2 445
-
3 055
-
social contributions
45
-
98
-
other
513
-
1 121
-
health
1 042
-
2 417
-
unemployment
602
-
1 316
-
total
4 647
-
8 007
-
Corporate
20 973
40 500
-
-
income
5 872
11 340
-
-
surtax
-
-
-
-
total
5 872
11 340
-
-
Dividends
15 101
29 160
-
-
withholding
1 933
3 732
-
-
social contributions
2 598
5 016
-
-
surtax
-
-
-
-
total
4 531
8 748
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 034
20 088
15 945
17 342
After tax
22 466
20 412
24 555
23 158
Living cost
11 895
11 895
11 895
11 895
Free-cash
10 571
8 517
12 660
11 263

Estimated living cost  is ₴11895 per week

₴7501
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.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3226
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
₴6365
₴6008
₴7762
₴3619
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
surtax
-
-
-
-
health
-
-
-
1 065
pensions
-
-
-
9 199
social contributions
-
-
-
1 154
income
-
-
-
4 668
other
-
-
-
1 256
total
-
-
-
17 342
Employee
21 776
-
32 493
-
income
1 900
-
5 250
-
surtax
-
-
-
-
social contributions
620
-
926
-
pensions
2 463
-
1 762
-
total
4 983
-
7 938
-
Employer
21 776
-
32 493
-
pensions
3 578
-
3 055
-
social contributions
65
-
98
-
other
752
-
1 121
-
health
1 524
-
2 417
-
unemployment
882
-
1 316
-
total
6 801
-
8 007
-
Corporate
11 923
40 500
-
-
income
3 339
11 340
-
-
surtax
-
-
-
-
total
3 339
11 340
-
-
Dividends
8 584
29 160
-
-
withholding
1 099
3 732
-
-
social contributions
1 477
5 016
-
-
surtax
-
-
-
-
total
2 576
8 748
-
-
Income
40 500
40 500
40 500
40 500
Total tax
17 699
20 088
15 945
17 342
After tax
22 801
20 412
24 555
23 158
Living cost
16 793
16 793
16 793
16 793
Free-cash
6 008
3 619
7 762
6 365

Estimated living cost  is ₴16793 per week

₴11365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3824
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
₴37868
₴35830
₴30173
₴36248
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
2 784
-
40 500
-
income
557
-
8 100
-
total
557
-
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%.

37 716
40 500
-
-
total
-
-
-
-
Dividends
37 716
40 500
-
-
withholding
1 886
2 025
-
-
total
1 886
2 025
-
-
Income
40 500
40 500
40 500
40 500
Total tax
2 443
2 025
8 100
405
After tax
38 057
38 475
32 400
40 095
Living cost
2 227
2 227
2 227
2 227
Free-cash
35 830
36 248
30 173
37 868

Estimated living cost  is ₴2227 per week

₴1380
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.
₴601
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
₴36624
₴34353
₴28929
₴35004
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
4 339
-
40 500
-
income
868
-
8 100
-
total
868
-
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%.

36 161
40 500
-
-
total
-
-
-
-
Dividends
36 161
40 500
-
-
withholding
1 808
2 025
-
-
total
1 808
2 025
-
-
Income
40 500
40 500
40 500
40 500
Total tax
2 676
2 025
8 100
405
After tax
37 824
38 475
32 400
40 095
Living cost
3 471
3 471
3 471
3 471
Free-cash
34 353
35 004
28 929
36 624

Estimated living cost  is ₴3471 per week

₴2349
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.
₴116
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.
₴860
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
₴10429
₴12003
₴13921
₴7455
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
surtax

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

-
-
-
562
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.

-
-
-
2 375
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.

-
-
-
10 219
trade
-
-
-
3 492
total
-
-
-
16 648
Employee

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

17 299
-
40 500
-
income

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

1 423
-
10 219
-
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.

79
-
562
-
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.

2 375
-
2 375
-
total
3 877
-
13 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 201
40 500
-
-
trade
3 329
5 811
-
-
income
3 480
6 075
-
-
chamber of commerce
87
112
-
-
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.

191
334
-
-
total
7 087
12 332
-
-
Dividends
16 112
28 168
-
-
withholding
3 896
6 910
-
-
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.

214
380
-
-
total
4 110
7 290
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 074
19 622
13 156
16 648
After tax
25 426
20 878
27 344
23 852
Living cost
13 423
13 423
13 423
13 423
Free-cash
12 003
7 455
13 921
10 429

Estimated living cost  is ₴13423 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
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.
₴2524
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
₴12980
₴13778
₴16813
₴9930
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
surtax

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

-
-
-
562
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.

-
-
-
2 375
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.

-
-
-
10 219
trade
-
-
-
3 833
total
-
-
-
16 989
Employee

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

13 298
-
40 500
-
income

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

371
-
10 219
-
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
-
562
-
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.

2 375
-
2 375
-
total
2 766
-
13 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 202
40 500
-
-
trade
4 284
6 379
-
-
income
4 080
6 075
-
-
chamber of commerce
92
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.

224
334
-
-
total
8 680
12 899
-
-
Dividends
18 522
27 602
-
-
withholding
4 498
6 768
-
-
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.

247
372
-
-
total
4 745
7 140
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 191
20 039
13 156
16 989
After tax
24 309
20 461
27 344
23 511
Living cost
10 531
10 531
10 531
10 531
Free-cash
13 778
9 930
16 813
12 980

Estimated living cost  is ₴10531 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1228
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.
₴2482
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
₴9683
₴11479
₴13686
₴6595
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
surtax

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

-
-
-
562
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.

-
-
-
2 375
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.

-
-
-
10 219
trade
-
-
-
4 003
total
-
-
-
17 159
Employee

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

17 632
-
40 500
-
income

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

1 515
-
10 219
-
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.

83
-
562
-
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.

2 375
-
2 375
-
total
3 973
-
13 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 868
40 500
-
-
trade
3 762
6 662
-
-
income
3 430
6 075
-
-
chamber of commerce
85
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.

189
334
-
-
total
7 466
13 181
-
-
Dividends
15 402
27 319
-
-
withholding
3 719
6 698
-
-
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.

205
368
-
-
total
3 924
7 066
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 363
20 247
13 156
17 159
After tax
25 137
20 253
27 344
23 341
Living cost
13 658
13 658
13 658
13 658
Free-cash
11 479
6 595
13 686
9 683

Estimated living cost  is ₴13658 per week

₴9135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2879
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
₴7243
₴9755
₴11416
₴4116
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
surtax

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

-
-
-
562
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.

-
-
-
2 375
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.

-
-
-
10 219
trade
-
-
-
4 173
total
-
-
-
17 329
Employee

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

20 895
-
40 500
-
income

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

2 457
-
10 219
-
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.

135
-
562
-
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.

2 375
-
2 375
-
total
4 967
-
13 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 605
40 500
-
-
trade
3 362
6 946
-
-
income
2 941
6 075
-
-
chamber of commerce
80
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.

162
334
-
-
total
6 545
13 465
-
-
Dividends
13 060
27 036
-
-
withholding
3 133
6 627
-
-
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.

172
364
-
-
total
3 305
6 991
-
-
Income
40 500
40 500
40 500
40 500
Total tax
14 817
20 456
13 156
17 329
After tax
25 683
20 044
27 344
23 171
Living cost
15 928
15 928
15 928
15 928
Free-cash
9 755
4 116
11 416
7 243

Estimated living cost  is ₴15928 per week

₴11633
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.
₴207
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

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
₴12165
₴16560
₴11501
₴17666
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
surtax
-
-
-
1 104
unemployment
-
-
-
79
health
-
-
-
2 875
pensions
-
-
-
8 100
income
-
-
-
8 368
other
-
-
-
-
total
-
-
-
20 526
Employee
11 709
-
33 456
-
unemployment
815
-
2 328
-
other
-
-
-
-
income
1 963
-
7 737
-
surtax
42
-
999
-
pensions
781
-
2 231
-
health
299
-
853
-
total
3 900
-
14 148
-
Employer
11 709
-
33 456
-
pensions
1 561
-
4 460
-
other
-
-
-
-
health
532
-
1 522
-
unemployment
371
-
1 060
-
total
2 464
-
7 042
-
Corporate
26 326
40 500
-
-
income
6 845
10 530
-
-
total
6 845
10 530
-
-
Dividends
19 482
29 970
-
-
withholding
2 922
4 495
-
-
total
2 922
4 495
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 131
15 025
21 190
20 526
After tax
24 369
25 475
19 310
19 974
Living cost
7 809
7 809
7 809
7 809
Free-cash
16 560
17 666
11 501
12 165

Estimated living cost  is ₴7809 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴2235
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
₴12302
₴16720
₴11638
₴17803
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
surtax
-
-
-
1 104
unemployment
-
-
-
79
health
-
-
-
2 875
pensions
-
-
-
8 100
income
-
-
-
8 368
other
-
-
-
-
total
-
-
-
20 526
Employee
11 498
-
33 456
-
unemployment
800
-
2 328
-
other
-
-
-
-
income
1 927
-
7 737
-
surtax
38
-
999
-
pensions
767
-
2 231
-
health
294
-
853
-
total
3 826
-
14 148
-
Employer
11 498
-
33 456
-
pensions
1 533
-
4 460
-
other
-
-
-
-
health
523
-
1 522
-
unemployment
364
-
1 060
-
total
2 420
-
7 042
-
Corporate
26 582
40 500
-
-
income
6 911
10 530
-
-
total
6 911
10 530
-
-
Dividends
19 671
29 970
-
-
withholding
2 951
4 495
-
-
total
2 951
4 495
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 108
15 025
21 190
20 526
After tax
24 392
25 475
19 310
19 974
Living cost
7 672
7 672
7 672
7 672
Free-cash
16 720
17 803
11 638
12 302

Estimated living cost  is ₴7672 per week

₴4691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
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.
₴2096
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
₴21104
₴15997
₴16526
₴15855
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
-
-
-
607
health
-
-
-
2 835
pensions
-
-
-
4 050
income
-
-
-
4 951
total
-
-
-
12 443
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.

10 037
3 994
33 891
-
unemployment
151
60
508
-
income
1 227
488
4 143
-
pensions
1 004
399
3 389
-
health
703
280
2 372
-
total
3 085
1 227
10 412
-
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.

10 037
3 994
33 891
-
pensions
1 957
779
6 609
-
total
1 957
779
6 609
-
Corporate
28 506
35 727
-
-
income
2 566
3 215
-
-
total
2 566
3 215
-
-
Dividends
25 941
32 511
-
-
withholding
4 929
6 177
-
-
social contributions
5 013
6 294
-
-
total
9 942
12 471
-
-
Income
40 500
40 500
40 500
40 500
Total tax
17 550
17 692
17 021
12 443
After tax
22 950
22 808
23 479
28 057
Living cost
6 953
6 953
6 953
6 953
Free-cash
15 997
15 855
16 526
21 104

Estimated living cost  is ₴6953 per week

₴4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
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.
₴1500
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
₴7426
₴8202
₴7744
₴8482
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
national
-
-
-
6 679
pensions
-
-
-
4 860
social contributions
-
-
-
435
municipal
-
-
-
4 310
total
-
-
-
16 284
Employee
26 027
-
35 012
-
municipal
3 215
-
4 467
-
national
4 982
-
6 922
-
pensions
1 041
-
1 400
-
total
9 238
-
12 789
-
Employer
26 027
-
35 012
-
pensions
2 082
-
2 801
-
social contributions
280
-
376
-
total
2 362
-
3 177
-
Corporate
10 393
40 500
-
-
income

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

2 079
8 100
-
-
total
2 079
8 100
-
-
Dividends
8 315
32 400
-
-
withholding
1 829
7 128
-
-
total
1 829
7 128
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 508
15 228
15 966
16 284
After tax
24 992
25 272
24 534
24 216
Living cost
16 790
16 790
16 790
16 790
Free-cash
8 202
8 482
7 744
7 426

Estimated living cost  is ₴16790 per week

₴11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3566
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
₴6519
₴9312
₴6519
₴8543
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
social contributions
-
-
-
3 722
income
-
-
-
10 453
total
-
-
-
14 175
Employee
27 197
-
40 500
-
social contributions
2 259
-
3 722
-
income
5 132
-
10 453
-
total
7 391
-
14 175
-
Employer
27 197
-
40 500
-
total
-
-
-
-
Corporate
13 303
40 500
-
-
income
1 663
5 063
-
-
total
1 663
5 063
-
-
Dividends
11 641
35 437
-
-
withholding
2 328
7 088
-
-
total
2 328
7 088
-
-
Income
40 500
40 500
40 500
40 500
Total tax
11 382
12 151
14 175
14 175
After tax
29 118
28 349
26 325
26 325
Living cost
19 806
19 806
19 806
19 806
Free-cash
9 312
8 543
6 519
6 519

Estimated living cost  is ₴19806 per week

₴15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2935
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
₴5710
₴5122
₴3786
₴6937
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
national
-
-
-
9 004
regional
-
-
-
457
social contributions
-
-
-
10 417
municipal
-
-
-
241
total
-
-
-
20 119
Employee
30 900
-
40 500
-
municipal
164
-
214
-
national
5 354
-
7 772
-
social contributions
10 419
-
13 656
-
regional
292
-
401
-
total
16 229
-
22 043
-
Employer
30 900
-
40 500
-
total
-
-
-
-
Corporate
9 600
40 500
-
-
nationa
2 304
9 720
-
-
municipal
374
1 580
-
-
total
2 678
11 300
-
-
Dividends
6 922
29 200
-
-
withholding
1 800
7 592
-
-
total
1 800
7 592
-
-
Income
40 500
40 500
40 500
40 500
Total tax
20 707
18 892
22 043
20 119
After tax
19 793
21 608
18 457
20 381
Living cost
14 671
14 671
14 671
14 671
Free-cash
5 122
6 937
3 786
5 710

Estimated living cost  is ₴14671 per week

₴10227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴3257
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
₴10861
₴11149
₴8947
₴11922
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
national
-
-
-
9 004
regional
-
-
-
611
social contributions
-
-
-
10 417
municipal
-
-
-
241
total
-
-
-
20 273
Employee
19 286
-
40 500
-
municipal
102
-
214
-
national
3 056
-
7 772
-
social contributions
6 504
-
13 656
-
regional
260
-
545
-
total
9 922
-
22 187
-
Employer
19 286
-
40 500
-
total
-
-
-
-
Corporate
21 214
40 500
-
-
nationa
5 091
9 720
-
-
municipal
1 054
2 013
-
-
total
6 145
11 733