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
₴ 41500
per

Your estimated
City
free-cash

Valencia , Spain
₴17974
₴13467
₴14931
₴19442
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
-
-
-
41 500
unemployment
-
-
-
197
income
-
-
-
9 742
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
18 202
Employee
11 251
-
32 509
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
8 884
-
other
11
-
28
-
total
2 883
-
10 675
-
Employer
11 251
-
32 509
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
26 662
41 500
-
-
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.

3 999
6 225
-
-
total
3 999
6 225
-
-
Dividends
22 663
35 275
-
-
withholding
4 690
7 466
-
-
total
4 690
7 466
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 159
13 691
19 666
18 202
After tax
26 341
27 809
21 834
23 298
Living cost
8 367
8 367
8 367
8 367
Free-cash
17 974
19 442
13 467
14 931

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴20328
₴15704
₴13987
₴22382
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
-
-
-
41 500
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.

-
-
-
9 960
income
-
-
-
5 648
other
-
-
-
1 971
health
-
-
-
1 826
total
-
-
-
19 405
Employee
11 048
-
33 147
-
health
155
-
464
-
unemployment
110
-
331
-
pensions

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

773
-
2 320
-
income
1 902
-
6 220
-
total
2 940
-
9 335
-
Employer
11 048
-
33 147
-
health
155
-
464
-
pensions

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

1 878
-
5 635
-
accident
88
-
265
-
unemployment
110
-
331
-
other
553
-
1 658
-
total
2 784
-
8 353
-
Corporate
27 668
41 500
-
-
income
5 810
8 715
-
-
total
5 810
8 715
-
-
Dividends
21 858
32 785
-
-
withholding
1 530
2 295
-
-
total
1 530
2 295
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 064
11 010
17 688
19 405
After tax
28 436
30 490
23 812
22 095
Living cost
8 108
8 108
8 108
8 108
Free-cash
20 328
22 382
15 704
13 987

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴30083
₴29948
₴28452
₴31495
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
-
-
-
41 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
6 225
health
-
-
-
1 222
total
-
-
-
9 061
Employee
5 280
-
39 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
3 941
-
total
1 293
-
5 480
-
Employer
5 280
-
39 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
35 184
41 500
-
-
income
3 518
4 150
-
-
total
3 518
4 150
-
-
Dividends
31 666
37 350
-
-
withholding
1 583
1 868
-
-
total
1 583
1 868
-
-
Income
41 500
41 500
41 500
41 500
Total tax
7 430
6 018
7 565
9 061
After tax
34 070
35 482
33 935
32 439
Living cost
3 987
3 987
3 987
3 987
Free-cash
30 083
31 495
29 948
28 452

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴12304
₴13752
₴13172
₴10505
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
-
-
-
41 500
income
-
-
-
5 519
other
-
-
-
1 286
health
-
-
-
1 377
social contributions
-
-
-
1 183
pensions
-
-
-
8 553
surtax
-
-
-
-
total
-
-
-
17 918
Employee
13 022
-
32 833
-
pensions
1 472
-
1 986
-
income
769
-
5 749
-
social contributions
371
-
935
-
surtax
-
-
-
-
total
2 612
-
8 670
-
Employer
13 022
-
32 833
-
health
912
-
2 687
-
social contributions
39
-
99
-
pensions
2 139
-
3 398
-
unemployment
527
-
1 330
-
other
449
-
1 154
-
total
4 066
-
8 668
-
Corporate
24 411
41 500
-
-
income
6 835
11 620
-
-
surtax
-
-
-
-
total
6 835
11 620
-
-
Dividends
17 576
29 880
-
-
social contributions
3 023
5 140
-
-
surtax
-
-
-
-
withholding
2 250
3 825
-
-
total
5 273
8 965
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 786
20 585
17 338
17 918
After tax
22 714
20 915
24 162
23 582
Living cost
10 410
10 410
10 410
10 410
Free-cash
12 304
10 505
13 752
13 172

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴5757
₴11530
₴11007
₴7621
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
-
-
-
41 500
pensions
-
-
-
3 565
income
-
-
-
10 430
health
-
-
-
3 752
total
-
-
-
17 747
Employee
25 983
25 983
35 845
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
4 253
-
total
12 918
11 210
11 570
-
Employer
25 983
25 983
35 845
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
11 285
10 967
-
-
income
2 257
2 194
-
-
total
2 257
2 194
-
-
Dividends
9 028
8 773
-
-
income
1 919
1 864
-
-
withholding
1 354
1 316
-
-
total
3 273
3 180
-
-
Income
41 500
41 500
41 500
41 500
Total tax
22 997
21 133
17 224
17 747
After tax
18 503
20 367
24 276
23 753
Living cost
12 746
12 746
12 746
12 746
Free-cash
5 757
7 621
11 530
11 007

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴15099
₴18086
₴13778
₴11735
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.

-
-
-
41 500
trade
-
-
-
4 308
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.

-
-
-
11 487
health

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

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

-
-
-
2 079
surtax

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

-
-
-
632
total
-
-
-
18 506
Employee

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

11 638
-
41 500
-
health

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

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

2 079
-
2 079
-
income

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

325
-
11 487
-
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
-
632
-
total
2 422
-
14 198
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 862
41 500
-
-
income
4 480
6 225
-
-
trade
4 704
6 536
-
-
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
342
-
-
chamber of commerce
89
106
-
-
total
9 520
13 209
-
-
Dividends
20 344
28 291
-
-
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.

273
383
-
-
withholding
4 970
6 957
-
-
total
5 243
7 340
-
-
Income
41 500
41 500
41 500
41 500
Total tax
17 185
20 549
14 198
18 506
After tax
24 315
20 951
27 302
22 994
Living cost
9 216
9 216
9 216
9 216
Free-cash
15 099
11 735
18 086
13 778

Estimated living cost  is ₴9216 per week

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

Additional information

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

Larnaca , Cyprus
₴21612
₴21528
₴21926
₴23268
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
-
-
-
41 500
income
-
-
-
6 548
health
-
-
-
1 058
social contributions
-
-
-
4 923
total
-
-
-
12 529
Employee
23 397
23 397
38 175
-
health
181
398
649
-
income
2 548
2 166
6 334
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
9 602
-
Employer
23 397
23 397
38 175
-
health
197
433
706
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 325
-
Corporate
29 760
15 728
-
-
income
3 720
1 966
-
-
total
3 720
1 966
-
-
Dividends
26 040
13 762
-
-
withholding
4 427
2 340
-
-
total
4 427
2 340
-
-
Income
41 500
41 500
41 500
41 500
Total tax
12 843
11 187
12 927
12 529
After tax
28 657
30 313
28 573
28 971
Living cost
7 045
7 045
7 045
7 045
Free-cash
21 612
23 268
21 528
21 926

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴13755
₴10311
₴13091
₴14061
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.

-
-
-
41 500
income
-
-
-
4 444
social contributions

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

-
-
-
14 421
surtax
-
-
-
-
total
-
-
-
18 865
Employee
13 994
-
33 535
-
income
2 911
-
9 991
-
social contributions
1 539
-
3 689
-
surtax
-
-
-
-
total
4 450
-
13 680
-
Employer
13 994
-
33 535
-
social contributions
3 324
-
7 965
-
total
3 324
-
7 965
-
Corporate
24 182
41 500
-
-
income
5 078
8 715
-
-
surtax
-
-
-
-
total
5 078
8 715
-
-
Dividends
19 104
32 785
-
-
withholding
5 349
9 180
-
-
total
5 349
9 180
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 201
17 895
21 645
18 865
After tax
23 299
23 605
19 855
22 635
Living cost
9 544
9 544
9 544
9 544
Free-cash
13 755
14 061
10 311
13 091

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴36625
₴30842
₴38727
₴37067
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%.

-
-
-
41 500
microenterprise

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

-
-
-
415
total
-
-
-
415
Employee
2 948
-
41 500
-
income
589
-
8 300
-
total
589
-
8 300
-
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%.

38 552
41 500
-
-
total
-
-
-
-
Dividends
38 552
41 500
-
-
withholding
1 928
2 075
-
-
total
1 928
2 075
-
-
Income
41 500
41 500
41 500
41 500
Total tax
2 517
2 075
8 300
415
After tax
38 983
39 425
33 200
41 085
Living cost
2 358
2 358
2 358
2 358
Free-cash
36 625
37 067
30 842
38 727

Estimated living cost  is ₴2358 per week

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

Additional information

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

Ljubljana , Slovenia
₴17867
₴11623
₴12723
₴20411
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.

-
-
-
41 500
pensions
-
-
-
7 579
unemployment
-
-
-
62
income
-
-
-
8 892
health
-
-
-
4 083
total
-
-
-
20 616
Employee

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

13 455
-
35 909
-
health
869
-
2 319
-
unemployment
19
-
50
-
pensions
2 086
-
5 566
-
income
2 320
-
8 190
-
total
5 294
-
16 125
-
Employer

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

13 455
-
35 909
-
health
896
-
2 392
-
pensions
1 191
-
3 178
-
unemployment
8
-
21
-
total
2 095
-
5 591
-
Corporate
25 950
41 500
-
-
income
4 930
7 885
-
-
total
4 930
7 885
-
-
Dividends
21 020
33 615
-
-
withholding
3 153
5 043
-
-
total
3 153
5 043
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 472
12 928
21 716
20 616
After tax
26 028
28 572
19 784
20 884
Living cost
8 161
8 161
8 161
8 161
Free-cash
17 867
20 411
11 623
12 723

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴15386
₴19199
₴19870
₴14322
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.

-
-
-
41 500
income
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
40 100
-
social contributions
1 398
-
1 400
-
income
1 515
-
8 456
-
total
2 913
-
9 856
-
Employer
13 958
-
40 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
26 143
41 500
-
-
income
9 150
14 525
-
-
total
9 150
14 525
-
-
Dividends
16 993
26 975
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 069
16 133
11 256
10 585
After tax
26 431
25 367
30 244
30 915
Living cost
11 045
11 045
11 045
11 045
Free-cash
15 386
14 322
19 199
19 870

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴19024
₴19698
₴20199
₴18867
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
-
-
-
41 500
income
-
-
-
6 225
health
-
-
-
2 897
social contributions
-
-
-
5 727
total
-
-
-
14 849
Employee
10 317
-
41 500
-
health
720
-
2 897
-
income
1 721
-
6 726
-
social contributions
1 424
-
5 727
-
total
3 865
-
15 350
-
Employer
10 317
-
41 500
-
total
-
-
-
-
Corporate
31 183
41 500
-
-
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%.

1 559
2 075
-
-
total
1 559
2 075
-
-
Dividends
29 624
39 425
-
-
social contributions
4 088
5 440
-
-
withholding
4 444
5 914
-
-
health
2 068
2 752
-
-
total
10 600
14 106
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 024
16 181
15 350
14 849
After tax
25 476
25 319
26 150
26 651
Living cost
6 452
6 452
6 452
6 452
Free-cash
19 024
18 867
19 698
20 199

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴17018
₴12543
₴13542
₴20056
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
-
-
-
41 500
income
-
-
-
3 893
health
-
-
-
5 602
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
-
total
-
-
-
19 441
Employee
12 525
-
30 970
-
health
1 691
-
4 181
-
solidarity contribution
-
-
-
-
income
1 503
-
3 716
-
social contributions
814
-
2 013
-
total
4 008
-
9 910
-
Employer
12 525
-
30 970
-
health
1 127
-
2 787
-
social contributions
3 131
-
7 743
-
total
4 258
-
10 530
-
Corporate
24 716
41 500
-
-
income
4 696
7 885
-
-
total
4 696
7 885
-
-
Dividends
20 020
33 615
-
-
withholding
3 003
5 042
-
-
total
3 003
5 042
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 965
12 927
20 440
19 441
After tax
25 535
28 573
21 060
22 059
Living cost
8 517
8 517
8 517
8 517
Free-cash
17 018
20 056
12 543
13 542

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴35061
₴29525
₴37410
₴35750
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%.

-
-
-
41 500
microenterprise

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

-
-
-
415
total
-
-
-
415
Employee
4 594
-
41 500
-
income
919
-
8 300
-
total
919
-
8 300
-
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%.

36 906
41 500
-
-
total
-
-
-
-
Dividends
36 906
41 500
-
-
withholding
1 845
2 075
-
-
total
1 845
2 075
-
-
Income
41 500
41 500
41 500
41 500
Total tax
2 764
2 075
8 300
415
After tax
38 736
39 425
33 200
41 085
Living cost
3 675
3 675
3 675
3 675
Free-cash
35 061
35 750
29 525
37 410

Estimated living cost  is ₴3675 per week

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

Additional information

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

Paris , France
₴8311
₴9466
₴8886
₴6219
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
-
-
-
41 500
income
-
-
-
5 519
other
-
-
-
1 286
health
-
-
-
1 377
social contributions
-
-
-
1 183
pensions
-
-
-
8 553
surtax
-
-
-
-
total
-
-
-
17 918
Employee
19 057
-
32 833
-
pensions
2 155
-
1 986
-
income
1 663
-
5 749
-
social contributions
543
-
935
-
surtax
-
-
-
-
total
4 361
-
8 670
-
Employer
19 057
-
32 833
-
health
1 334
-
2 687
-
social contributions
57
-
99
-
pensions
3 131
-
3 398
-
unemployment
772
-
1 330
-
other
658
-
1 154
-
total
5 952
-
8 668
-
Corporate
16 491
41 500
-
-
income
4 618
11 620
-
-
surtax
-
-
-
-
total
4 618
11 620
-
-
Dividends
11 874
29 880
-
-
social contributions
2 042
5 140
-
-
surtax
-
-
-
-
withholding
1 520
3 825
-
-
total
3 562
8 965
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 493
20 585
17 338
17 918
After tax
23 007
20 915
24 162
23 582
Living cost
14 696
14 696
14 696
14 696
Free-cash
8 311
6 219
9 466
8 886

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴23247
₴18671
₴18672
₴24738
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.

-
-
-
41 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
9 108
health
-
-
-
2 309
total
-
-
-
17 582
Employee

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

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

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

7 911
-
37 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
9 108
-
total
2 664
-
13 570
-
Employer

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

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

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

7 911
-
37 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
32 173
41 500
-
-
income
4 826
6 225
-
-
total
4 826
6 225
-
-
Dividends
27 347
35 275
-
-
withholding
4 102
5 291
-
-
total
4 102
5 291
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 007
11 516
17 583
17 582
After tax
28 493
29 984
23 917
23 918
Living cost
5 246
5 246
5 246
5 246
Free-cash
23 247
24 738
18 671
18 672

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴7139
₴11196
₴13210
-₴1711
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
-
-
-
41 500
pensions
-
-
-
3 818
city
-
-
-
437
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.

-
-
-
830
health
-
-
-
94
regional
-
-
-
1 892
national
-
-
-
530
total
-
-
-
7 601
Employee
24 212
-
37 145
-
health
55
-
83
-
unemployment
-
-
-
-
city
260
-
399
-
pensions
2 034
-
3 120
-
regional
793
-
1 633
-
national
115
-
434
-
total
3 257
-
5 669
-
Employer
24 212
-
37 145
-
health
55
-
83
-
pensions
2 034
-
3 120
-
unemployment
-
-
-
-
other

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

484
-
743
-
total
2 573
-
3 946
-
Corporate
14 449
41 500
-
-
regional
3 056
8 777
-
-
national
1 228
3 527
-
-
total
4 284
12 304
-
-
Dividends
10 165
29 196
-
-
withholding
3 558
10 218
-
-
total
3 558
10 218
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 672
22 522
9 615
7 601
After tax
27 828
18 978
31 885
33 899
Living cost
20 689
20 689
20 689
20 689
Free-cash
7 139
-1 711
11 196
13 210

Estimated living cost  is ₴20689 per week

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

Additional information

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

Helsinki , Finland
₴15352
₴10857
₴16547
₴15065
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

-
-
-
41 500
municipal
-
-
-
7 378
health
-
-
-
512
national
-
-
-
5 381
total
-
-
-
13 271
Employee
16 008
-
34 912
-
health
120
-
411
-
unemployment
240
-
524
-
pensions
1 080
-
2 356
-
national
264
-
3 390
-
municipal
2 622
-
5 692
-
total
4 326
-
12 373
-
Employer
16 008
-
34 912
-
health
123
-
269
-
pensions
2 777
-
6 057
-
accident
16
-
35
-
unemployment
104
-
227
-
total
3 020
-
6 588
-
Corporate
22 471
41 500
-
-
income
4 494
8 300
-
-
total
4 494
8 300
-
-
Dividends

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

13 483
24 900
-
-
municipal
2 427
4 482
-
-
national
199
1 971
-
-
total
2 626
6 453
-
-
Income
41 500
41 500
41 500
41 500
Total tax
14 466
14 753
18 961
13 271
After tax
27 034
26 747
22 539
28 229
Living cost
11 682
11 682
11 682
11 682
Free-cash
15 352
15 065
10 857
16 547

Estimated living cost  is ₴11682 per week

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

Additional information

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

Brussels , Belgium
₴7577
₴4192
₴7278
₴12141
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
-
-
-
41 500
communal

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

-
-
-
2 097
social contributions
-
-
-
6 545
national
-
-
-
14 486
total
-
-
-
23 128
Employee

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

21 765
-
32 144
-
health

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

1 023
-
1 511
-
communal

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

1 135
-
1 677
-
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
-
279
-
pensions

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

1 632
-
2 411
-
national
6 691
-
10 980
-
total
10 670
-
16 858
-
Employer

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

21 765
-
32 144
-
health

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

1 338
-
1 976
-
pensions

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

1 929
-
2 848
-
surtax
2 468
-
3 645
-
accident

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

283
-
418
-
unemployment

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

318
-
469
-
total
6 336
-
9 356
-
Corporate
13 400
41 500
-
-
income
2 680
8 300
-
-
surtax
54
166
-
-
total
2 734
8 466
-
-
Dividends
10 667
33 033
-
-
withholding

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

3 089
9 799
-
-
total
3 089
9 799
-
-
Income
41 500
41 500
41 500
41 500
Total tax
22 829
18 265
26 214
23 128
After tax
18 671
23 235
15 286
18 372
Living cost
11 094
11 094
11 094
11 094
Free-cash
7 577
12 141
4 192
7 278

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴9170
₴8533
₴8888
₴9465
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
-
-
-
41 500
unemployment
-
-
-
29
municipal
-
-
-
9 877
other
-
-
-
3 360
health
-
-
-
1 804
national
-
-
-
1 164
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
19 418
Employee
18 801
-
32 414
-
national
-
-
1 022
-
municipal
5 606
-
9 666
-
total
5 606
-
10 688
-
Employer
18 801
-
32 414
-
health
1 156
-
1 778
-
pensions
2 032
-
3 126
-
accident
38
-
58
-
unemployment
496
-
763
-
other
2 185
-
3 360
-
total
5 907
-
9 085
-
Corporate
16 792
41 500
-
-
income
3 694
9 130
-
-
total
3 694
9 130
-
-
Dividends
13 098
32 370
-
-
withholding
3 929
9 711
-
-
total
3 929
9 711
-
-
Income
41 500
41 500
41 500
41 500
Total tax
19 136
18 841
19 773
19 418
After tax
22 364
22 659
21 727
22 082
Living cost
13 194
13 194
13 194
13 194
Free-cash
9 170
9 465
8 533
8 888

Estimated living cost  is ₴13194 per week

₴8745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2955
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
-₴9232
₴22343
₴13999
₴10568
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
-
-
-
41 500
income
-
-
-
8 089
social contributions
-
-
-
4 731
total
-
-
-
12 820
Employee
21 051
-
-
-
income
4 643
-
-
-
social contributions
1 726
-
246
-
total
6 369
-
246
-
Employer
21 051
-
-
-
social contributions
29 682
-
4 230
-
total
29 682
-
4 230
-
Corporate
-
41 500
-
-
income
-
9 130
-
-
total
-
9 130
-
-
Dividends
-
32 370
-
-
income
-
7 121
-
-
total
-
7 121
-
-
Income
41 500
41 500
41 500
41 500
Total tax
36 051
16 251
4 476
12 820
After tax
5 449
25 249
37 024
28 680
Living cost
14 681
14 681
14 681
14 681
Free-cash
-9 232
10 568
22 343
13 999

Estimated living cost  is ₴14681 per week

₴9526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3588
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
₴19183
₴18704
₴19102
₴20444
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
-
-
-
41 500
income
-
-
-
6 548
health
-
-
-
1 058
social contributions
-
-
-
4 923
total
-
-
-
12 529
Employee
23 397
23 397
38 175
-
health
233
398
649
-
income
2 457
2 166
6 334
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
9 602
-
Employer
23 397
23 397
38 175
-
health
253
433
706
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 325
-
Corporate
26 414
15 728
-
-
income
3 302
1 966
-
-
total
3 302
1 966
-
-
Dividends
23 112
13 762
-
-
withholding
3 929
2 340
-
-
total
3 929
2 340
-
-
Income
41 500
41 500
41 500
41 500
Total tax
12 448
11 187
12 927
12 529
After tax
29 052
30 313
28 573
28 971
Living cost
9 869
9 869
9 869
9 869
Free-cash
19 183
20 444
18 704
19 102

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴18510
₴13557
₴17370
₴17352
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
-
-
-
41 500
income
-
-
-
10 766
pensions
-
-
-
2 440
total
-
-
-
13 206
Employee
14 994
-
36 348
-
health
196
-
567
-
pensions
1 144
-
3 077
-
income
2 731
-
8 224
-
total
4 071
-
11 868
-
Employer
14 994
-
36 348
-
health
285
-
690
-
pensions
1 515
-
4 461
-
total
1 800
-
5 151
-
Corporate
24 706
41 500
-
-
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.

4 694
7 885
-
-
total
4 694
7 885
-
-
Dividends
20 012
33 615
-
-
withholding
1 501
5 339
-
-
total
1 501
5 339
-
-
Income
41 500
41 500
41 500
41 500
Total tax
12 066
13 224
17 019
13 206
After tax
29 434
28 276
24 481
28 294
Living cost
10 924
10 924
10 924
10 924
Free-cash
18 510
17 352
13 557
17 370

Estimated living cost  is ₴10924 per week

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

Additional information

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

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

Rome , Italy
₴8354
₴6009
₴7908
₴9738
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
-
-
-
41 500
municipal
-
-
-
277
regional
-
-
-
931
social contributions
-
-
-
10 674
national
-
-
-
9 589
total
-
-
-
21 471
Employee
25 640
-
41 500
-
social contributions
8 646
-
13 994
-
regional
387
-
801
-
national
4 333
-
8 327
-
municipal
153
-
248
-
total
13 519
-
23 370
-
Employer
25 640
-
41 500
-
total
-
-
-
-
Corporate
15 860
41 500
-
-
nationa
3 806
9 960
-
-
municipal
764
2 000
-
-
total
4 570
11 960
-
-
Dividends
11 290
29 540
-
-
withholding
2 936
7 681
-
-
total
2 936
7 681
-
-
Income
41 500
41 500
41 500
41 500
Total tax
21 025
19 641
23 370
21 471
After tax
20 475
21 859
18 130
20 029
Living cost
12 121
12 121
12 121
12 121
Free-cash
8 354
9 738
6 009
7 908

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴2363
₴15672
₴21908
-₴3138
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
-
-
-
41 500
pensions
-
-
-
1 229
income
-
-
-
11 035
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
13 092
Employee
10 225
-
36 732
-
health
1 171
-
4 206
-
pensions
1 151
-
2 254
-
income
1 403
-
8 100
-
total
3 725
-
14 560
-
Employer
10 225
-
36 732
-
pensions
1 663
-
3 255
-
accident
171
-
613
-
unemployment
251
-
900
-
total
2 085
-
4 768
-
Corporate
29 191
41 500
-
-
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.

26 272
37 350
-
-
total
26 272
37 350
-
-
Dividends
2 919
4 150
-
-
withholding
555
788
-
-
total
555
788
-
-
Income
41 500
41 500
41 500
41 500
Total tax
32 637
38 138
19 328
13 092
After tax
8 863
3 362
22 172
28 408
Living cost
6 500
6 500
6 500
6 500
Free-cash
2 363
-3 138
15 672
21 908

Estimated living cost  is ₴6500 per week

₴4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴13610
₴15555
₴11630
₴9632
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.

-
-
-
41 500
trade
-
-
-
3 925
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.

-
-
-
11 487
health

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

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

-
-
-
2 079
surtax

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

-
-
-
632
total
-
-
-
18 123
Employee

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

15 139
-
41 500
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
11 487
-
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
-
632
-
total
3 393
-
14 198
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 361
41 500
-
-
income
3 954
6 225
-
-
trade
3 783
5 955
-
-
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.

218
342
-
-
chamber of commerce
85
107
-
-
total
8 040
12 629
-
-
Dividends
18 321
28 870
-
-
surtax

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

245
390
-
-
withholding
4 465
7 102
-
-
total
4 710
7 492
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 143
20 121
14 198
18 123
After tax
25 357
21 379
27 302
23 377
Living cost
11 747
11 747
11 747
11 747
Free-cash
13 610
9 632
15 555
11 630

Estimated living cost  is ₴11747 per week

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

Additional information

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

Riga , Latvia
₴24374
₴16935
₴6412
₴26870
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.

-
-
-
41 500
income
-
-
-
6 517
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
10 583
total
-
-
-
28 758
Employee
8 891
-
33 443
-
income
1 583
-
6 499
-
social contributions

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

978
-
3 679
-
surtax
-
-
-
-
total
2 561
-
10 178
-
Employer
8 891
-
33 443
-
social contributions

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

2 142
-
8 057
-
surtax
-
-
-
-
total
2 142
-
8 057
-
Corporate
30 467
41 500
-
-
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%.

6 093
8 300
-
-
total
6 093
8 300
-
-
Dividends

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

24 374
33 200
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
10 796
8 300
18 235
28 758
After tax
30 704
33 200
23 265
12 742
Living cost
6 330
6 330
6 330
6 330
Free-cash
24 374
26 870
16 935
6 412

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴21491
₴20700
₴20971
₴22113
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
-
-
-
41 500
income
-
-
-
11 987
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
16 746
Employee
5 761
-
38 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
11 842
-
total
1 980
-
13 912
-
Employer
5 761
-
38 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
34 442
41 500
-
-
income
7 577
9 130
-
-
total
7 577
9 130
-
-
Dividends
26 865
32 370
-
-
withholding
5 373
6 474
-
-
total
5 373
6 474
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 226
15 604
17 017
16 746
After tax
25 274
25 896
24 483
24 754
Living cost
3 783
3 783
3 783
3 783
Free-cash
21 491
22 113
20 700
20 971

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴18302
₴12054
₴12858
₴19269
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
-
-
-
41 500
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
9 419
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
1 315
total
-
-
-
21 808
Employee
10 247
-
34 284
-
health
262
-
874
-
unemployment
713
-
2 386
-
pensions
684
-
2 287
-
income
1 718
-
8 659
-
other
-
-
-
-
surtax
36
-
1 189
-
total
3 413
-
15 395
-
Employer
10 247
-
34 284
-
health
466
-
1 560
-
pensions
1 366
-
4 570
-
unemployment
325
-
1 087
-
other
-
-
-
-
total
2 157
-
7 217
-
Corporate
29 096
41 500
-
-
income
7 565
10 790
-
-
total
7 565
10 790
-
-
Dividends
21 531
30 710
-
-
withholding
3 229
4 607
-
-
total
3 229
4 607
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 364
15 397
22 612
21 808
After tax
25 136
26 103
18 888
19 692
Living cost
6 834
6 834
6 834
6 834
Free-cash
18 302
19 269
12 054
12 858

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴13252
₴1468
₴11361
₴13403
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
-
-
-
41 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
166
unemployment
-
-
-
1 866
income
-
-
-