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

Dresden , Germany
₴7982
₴12730
₴13321
₴16713
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
-
-
-
3 392
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.

-
-
-
8 388
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.

-
-
-
2 933
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.

-
-
-
461
total
-
-
-
15 174
Employee

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

16 422
-
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.

2 933
-
2 933
-
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.

25
-
461
-
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.

459
-
8 388
-
total
3 417
-
11 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 078
41 500
-
-
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.

207
342
-
-
income
3 762
6 225
-
-
trade
3 950
6 536
-
-
chamber of commerce
101
125
-
-
total
8 020
13 228
-
-
Dividends
17 058
28 272
-
-
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.

226
380
-
-
withholding
4 102
6 905
-
-
total
4 328
7 285
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 765
20 513
11 782
15 174
After tax
25 735
20 987
29 718
26 326
Living cost
13 005
13 005
13 005
13 005
Free-cash
12 730
7 982
16 713
13 321

Estimated living cost  is ₴13005 per week

₴8180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3065
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.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴4232
₴3871
₴3429
₴3754
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
-
-
-
4 307
pensions
-
-
-
4 980
national
-
-
-
6 674
social contributions
-
-
-
446
total
-
-
-
16 407
Employee
33 583
-
35 876
-
municipal
4 148
-
4 468
-
pensions
1 343
-
1 435
-
national
6 428
-
6 923
-
total
11 919
-
12 826
-
Employer
33 583
-
35 876
-
social contributions
361
-
386
-
pensions
2 687
-
2 870
-
total
3 048
-
3 256
-
Corporate
2 653
41 500
-
-
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%.

531
8 300
-
-
total
531
8 300
-
-
Dividends
2 122
33 200
-
-
withholding
467
7 304
-
-
total
467
7 304
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 965
15 604
16 082
16 407
After tax
25 535
25 896
25 418
25 093
Living cost
21 664
21 664
21 664
21 664
Free-cash
3 871
4 232
3 754
3 429

Estimated living cost  is ₴21664 per week

₴14725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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.
₴4601
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.

Source of data for Reykjavik model

Close
Riga , Latvia
₴24268
₴20747
₴13238
₴14475
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
microenterprise
-
-
-
-
income
-
-
-
5 988
surtax
-
-
-
-
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.

-
-
-
13 342
total
-
-
-
19 330
Employee
12 546
-
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.

1 380
-
3 679
-
surtax
-
-
-
-
income
2 233
-
6 357
-
total
3 613
-
10 036
-
Employer
12 546
-
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.

3 022
-
8 057
-
surtax
-
-
-
-
total
3 022
-
8 057
-
Corporate
25 932
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%.

5 186
8 300
-
-
total
5 186
8 300
-
-
Dividends

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

20 746
33 200
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
11 821
8 300
18 093
19 330
After tax
29 679
33 200
23 407
22 170
Living cost
8 932
8 932
8 932
8 932
Free-cash
20 747
24 268
14 475
13 238

Estimated living cost  is ₴8932 per week

₴5699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
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.
₴2180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴1275
-₴1136
₴5578
-₴1136
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
-
-
-
7 844
pensions
-
-
-
5 030
health
-
-
-
5 062
total
-
-
-
17 936
Employee
36 665
36 665
36 665
-
health
5 628
4 787
5 628
-
income

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

6 001
6 001
6 001
-
pensions
6 600
5 030
6 600
-
total
18 229
15 818
18 229
-
Employer
36 665
36 665
36 665
-
unemployment
1 320
1 320
1 320
-
pensions
2 552
2 552
2 552
-
health
2 549
2 549
2 549
-
total
6 421
6 421
6 421
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
24 650
22 239
24 650
17 936
After tax
16 850
19 261
16 850
23 564
Living cost
17 986
17 986
17 986
17 986
Free-cash
-1 136
1 275
-1 136
5 578

Estimated living cost  is ₴17986 per week

₴12746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴3332
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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴6119
₴5748
₴5215
₴5621
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
-
-
-
9 244
accident
-
-
-
72
pensions
-
-
-
3 919
other
-
-
-
4 212
unemployment
-
-
-
36
health
-
-
-
2 262
national
-
-
-
-
total
-
-
-
19 745
Employee
23 568
-
31 578
-
municipal
7 028
-
9 417
-
national
-
-
-
-
total
7 028
-
9 417
-
Employer
23 568
-
31 578
-
accident
47
-
63
-
other
2 739
-
3 669
-
unemployment
622
-
834
-
pensions
2 548
-
3 414
-
health
1 449
-
1 942
-
total
7 405
-
9 922
-
Corporate
10 527
41 500
-
-
income
2 316
9 130
-
-
total
2 316
9 130
-
-
Dividends
8 211
32 370
-
-
withholding
2 463
9 711
-
-
total
2 463
9 711
-
-
Income
41 500
41 500
41 500
41 500
Total tax
19 212
18 841
19 339
19 745
After tax
22 288
22 659
22 161
21 755
Living cost
16 540
16 540
16 540
16 540
Free-cash
5 748
6 119
5 621
5 215

Estimated living cost  is ₴16540 per week

₴10962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
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.
₴3704
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

Source of data for Stockholm model

Close
Hamburg , Germany
₴3906
₴9939
₴9308
₴12851
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
-
-
-
3 543
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.

-
-
-
8 388
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.

-
-
-
2 933
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.

-
-
-
461
total
-
-
-
15 325
Employee

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

21 773
-
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.

2 933
-
2 933
-
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.

103
-
461
-
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.

1 871
-
8 388
-
total
4 907
-
11 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 727
41 500
-
-
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.

163
342
-
-
income
2 959
6 225
-
-
trade
3 245
6 827
-
-
chamber of commerce
93
124
-
-
total
6 460
13 518
-
-
Dividends
13 266
27 982
-
-
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.

174
376
-
-
withholding
3 153
6 833
-
-
total
3 327
7 209
-
-
Income
41 500
41 500
41 500
41 500
Total tax
14 694
20 727
11 782
15 325
After tax
26 806
20 773
29 718
26 175
Living cost
16 867
16 867
16 867
16 867
Free-cash
9 939
3 906
12 851
9 308

Estimated living cost  is ₴16867 per week

₴11281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3556
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.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴16461
₴14679
₴15710
₴15669
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
-
-
-
4 332
health
-
-
-
1 058
social contributions
-
-
-
6 474
total
-
-
-
11 864
Employee
33 015
33 015
37 676
-
social contributions
1 604
2 740
3 127
-
health
328
561
640
-
income
3 467
3 056
4 314
-
total
5 399
6 357
8 081
-
Employer
33 015
33 015
37 676
-
social contributions
1 604
2 740
3 127
-
health
358
611
697
-
total
1 962
3 351
3 824
-
Corporate
20 212
5 134
-
-
income
2 527
642
-
-
total
2 527
642
-
-
Dividends
17 686
4 492
-
-
withholding
3 007
763
-
-
total
3 007
763
-
-
Income
41 500
41 500
41 500
41 500
Total tax
12 895
11 113
11 905
11 864
After tax
28 605
30 387
29 595
29 636
Living cost
13 926
13 926
13 926
13 926
Free-cash
14 679
16 461
15 669
15 710

Estimated living cost  is ₴13926 per week

₴9520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3085
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

Source of data for Limassol model

Close
Budapest , Hungary
₴15607
₴15769
₴20974
₴16281
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
-
-
-
5 073
pensions
-
-
-
4 150
unemployment
-
-
-
622
health
-
-
-
2 905
total
-
-
-
12 750
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.

11 225
4 467
34 728
-
health
786
313
2 431
-
income
1 372
546
4 246
-
pensions
1 123
447
3 473
-
unemployment
168
67
521
-
total
3 449
1 373
10 671
-
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.

11 225
4 467
34 728
-
pensions
2 189
871
6 772
-
total
2 189
871
6 772
-
Corporate
28 086
36 161
-
-
income
2 528
3 255
-
-
total
2 528
3 255
-
-
Dividends
25 558
32 907
-
-
social contributions
4 933
6 366
-
-
withholding
4 856
6 252
-
-
total
9 789
12 618
-
-
Income
41 500
41 500
41 500
41 500
Total tax
17 955
18 117
17 443
12 750
After tax
23 545
23 383
24 057
28 750
Living cost
7 776
7 776
7 776
7 776
Free-cash
15 769
15 607
16 281
20 974

Estimated living cost  is ₴7776 per week

₴5307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1678
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

Source of data for Budapest model

Close
Tallinn , Estonia
₴22830
₴20163
₴11875
₴13549
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
-
-
-
5 561
pensions
-
-
-
8 299
health
-
-
-
5 395
total
-
-
-
19 255
Employee
12 180
-
31 015
-
income
1 371
-
5 980
-
pensions
244
-
620
-
unemployment
195
-
496
-
total
1 810
-
7 096
-
Employer
12 180
-
31 015
-
unemployment
98
-
249
-
pensions
2 436
-
6 204
-
health
1 583
-
4 032
-
total
4 117
-
10 485
-
Corporate
25 203
41 500
-
-
income
5 040
8 300
-
-
total
5 040
8 300
-
-
Dividends
20 163
33 200
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
10 967
8 300
17 581
19 255
After tax
30 533
33 200
23 919
22 245
Living cost
10 370
10 370
10 370
10 370
Free-cash
20 163
22 830
13 549
11 875

Estimated living cost  is ₴10370 per week

₴7113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2431
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

Source of data for Tallinn model

Close
Gdansk , Poland
-₴6015
₴1923
₴19113
₴11985
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
accident
-
-
-
108
income
-
-
-
10 041
pensions
-
-
-
1 773
other
-
-
-
158
health
-
-
-
930
total
-
-
-
13 010
Employee
14 750
-
35 348
-
health
1 689
-
4 047
-
income
2 024
-
6 687
-
pensions
1 661
-
3 252
-
total
5 374
-
13 986
-
Employer
14 750
-
35 348
-
accident
246
-
590
-
unemployment
361
-
866
-
pensions
2 398
-
4 696
-
total
3 005
-
6 152
-
Corporate
23 744
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.

21 370
37 350
-
-
total
21 370
37 350
-
-
Dividends
2 374
4 150
-
-
withholding
451
788
-
-
total
451
788
-
-
Income
41 500
41 500
41 500
41 500
Total tax
30 200
38 138
20 138
13 010
After tax
11 300
3 362
21 362
28 490
Living cost
9 377
9 377
9 377
9 377
Free-cash
1 923
-6 015
11 985
19 113

Estimated living cost  is ₴9377 per week

₴6872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1789
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.

Source of data for Gdansk model

Close
Batumi , Georgia
₴35511
₴34778
₴37171
₴29286
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
4 892
-
41 500
-
income
978
-
8 300
-
total
978
-
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%.

36 608
41 500
-
-
total
-
-
-
-
Dividends
36 608
41 500
-
-
withholding
1 830
2 075
-
-
total
1 830
2 075
-
-
Income
41 500
41 500
41 500
41 500
Total tax
2 808
2 075
8 300
415
After tax
38 692
39 425
33 200
41 085
Living cost
3 914
3 914
3 914
3 914
Free-cash
34 778
35 511
29 286
37 171

Estimated living cost  is ₴3914 per week

₴2425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴108
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.
₴1055
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.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴19049
₴16148
₴11030
₴12885
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
-
-
-
5 272
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
other
-
-
-
1 971
health
-
-
-
1 826
total
-
-
-
19 029
Employee
15 589
-
33 147
-
health
218
-
464
-
income
2 684
-
5 706
-
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.

1 091
-
2 320
-
unemployment
156
-
332
-
total
4 149
-
8 822
-
Employer
15 589
-
33 147
-
accident
125
-
265
-
other
780
-
1 657
-
unemployment
156
-
332
-
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.

2 650
-
5 634
-
health
218
-
464
-
total
3 929
-
8 352
-
Corporate
21 982
41 500
-
-
income
4 617
8 715
-
-
total
4 617
8 715
-
-
Dividends
17 365
32 785
-
-
withholding
1 216
2 295
-
-
total
1 216
2 295
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 911
11 010
17 174
19 029
After tax
27 589
30 490
24 326
22 471
Living cost
11 441
11 441
11 441
11 441
Free-cash
16 148
19 049
12 885
11 030

Estimated living cost  is ₴11441 per week

₴8083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴2400
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

Source of data for Bratislava model

Close
London , United Kingdom
₴1997
-₴4997
₴1329
-₴2852
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
-
-
-
8 256
pensions
-
-
-
3 013
total
-
-
-
11 269
Employee
40 892
-
36 573
-
health
674
-
585
-
income
7 371
-
6 512
-
pensions
3 945
-
3 426
-
total
11 990
-
10 523
-
Employer
40 892
-
36 573
-
pensions
4 828
-
4 232
-
health
777
-
695
-
total
5 605
-
4 927
-
Corporate
-
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.

-
7 885
-
-
total
-
7 885
-
-
Dividends
-
33 615
-
-
withholding
-
2 716
-
-
total
-
2 716
-
-
Income
41 500
41 500
41 500
41 500
Total tax
17 595
10 601
15 450
11 269
After tax
23 905
30 899
26 050
30 231
Living cost
28 902
28 902
28 902
28 902
Free-cash
-4 997
1 997
-2 852
1 329

Estimated living cost  is ₴28902 per week

₴21657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴3615
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.

Source of data for London model

Close
Varna , Bulgaria
₴29853
₴27858
₴25640
₴26899
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
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
10 230
Employee
7 454
-
38 558
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
745
-
3 856
-
pensions

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

654
-
1 317
-
total
1 824
-
6 028
-
Employer
7 454
-
38 558
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 653
-
health
515
-
1 035
-
total
1 464
-
2 943
-
Corporate
32 583
41 500
-
-
income
3 258
4 150
-
-
total
3 258
4 150
-
-
Dividends
29 325
37 350
-
-
withholding
1 466
1 868
-
-
total
1 466
1 868
-
-
Income
41 500
41 500
41 500
41 500
Total tax
8 012
6 018
8 971
10 230
After tax
33 488
35 482
32 529
31 270
Living cost
5 630
5 630
5 630
5 630
Free-cash
27 858
29 853
26 899
25 640

Estimated living cost  is ₴5630 per week

₴3287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1792
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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴4547
-₴5274
-₴244
-₴6958
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
-
-
-
7 844
pensions
-
-
-
5 030
health
-
-
-
5 062
total
-
-
-
17 936
Employee
39 806
36 665
36 665
-
health
4 966
4 787
5 628
-
income

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

6 001
6 001
6 001
-
pensions
5 030
5 030
6 600
-
total
15 997
15 818
18 229
-
Employer
39 806
36 665
36 665
-
unemployment
1 433
1 320
1 320
-
pensions
2 770
2 552
2 552
-
health
2 766
2 549
2 549
-
total
6 969
6 421
6 421
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
22 966
22 239
24 650
17 936
After tax
18 534
19 261
16 850
23 564
Living cost
23 808
23 808
23 808
23 808
Free-cash
-5 274
-4 547
-6 958
-244

Estimated living cost  is ₴23808 per week

₴17563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴3847
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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴18316
₴14657
₴9956
₴10803
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
-
-
-
3 567
health
-
-
-
5 602
solidarity contribution
-
-
-
-
social contributions
-
-
-
12 118
total
-
-
-
21 287
Employee
15 084
-
30 970
-
social contributions
980
-
2 013
-
health
2 036
-
4 181
-
solidarity contribution
-
-
-
-
income
1 810
-
3 716
-
total
4 826
-
9 910
-
Employer
15 084
-
30 970
-
social contributions
3 771
-
7 743
-
health
1 358
-
2 787
-
total
5 129
-
10 530
-
Corporate
21 287
41 500
-
-
income
4 045
7 885
-
-
total
4 045
7 885
-
-
Dividends
17 243
33 615
-
-
withholding
2 586
5 042
-
-
total
2 586
5 042
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 586
12 927
20 440
21 287
After tax
24 914
28 573
21 060
20 213
Living cost
10 257
10 257
10 257
10 257
Free-cash
14 657
18 316
10 803
9 956

Estimated living cost  is ₴10257 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
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.
₴2201
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

Source of data for Brno model

Close
Milan , Italy
₴4025
₴1783
₴3291
₴1317
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
-
-
-
247
regional
-
-
-
455
national
-
-
-
8 716
social contributions
-
-
-
10 674
total
-
-
-
20 092
Employee
38 158
-
41 500
-
social contributions
12 867
-
13 994
-
regional
360
-
398
-
municipal
202
-
220
-
national
6 612
-
7 454
-
total
20 041
-
22 066
-
Employer
38 158
-
41 500
-
total
-
-
-
-
Corporate
3 342
41 500
-
-
nationa
802
9 960
-
-
municipal
130
1 618
-
-
total
932
11 578
-
-
Dividends
2 410
29 922
-
-
withholding
627
7 780
-
-
total
627
7 780
-
-
Income
41 500
41 500
41 500
41 500
Total tax
21 600
19 358
22 066
20 092
After tax
19 900
22 142
19 434
21 408
Living cost
18 117
18 117
18 117
18 117
Free-cash
1 783
4 025
1 317
3 291

Estimated living cost  is ₴18117 per week

₴12629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴4022
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

Source of data for Milan model

Close
Thessaloniki , Greece
₴16629
₴15293
₴12024
₴11224
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
-
-
-
7 736
pensions
-
-
-
8 300
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 946
surtax
-
-
-
922
total
-
-
-
20 002
Employee
14 198
-
34 284
-
other
-
-
-
-
health
363
-
874
-
surtax
46
-
829
-
income
2 380
-
7 210
-
pensions
947
-
2 287
-
unemployment
988
-
2 386
-
total
4 724
-
13 586
-
Employer
14 198
-
34 284
-
other
-
-
-
-
unemployment
450
-
1 087
-
pensions
1 893
-
4 570
-
health
646
-
1 559
-
total
2 989
-
7 216
-
Corporate
24 313
41 500
-
-
income
6 321
10 790
-
-
total
6 321
10 790
-
-
Dividends
17 992
30 710
-
-
withholding
2 699
4 607
-
-
total
2 699
4 607
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 733
15 397
20 802
20 002
After tax
24 767
26 103
20 698
21 498
Living cost
9 474
9 474
9 474
9 474
Free-cash
15 293
16 629
11 224
12 024

Estimated living cost  is ₴9474 per week

₴5793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2589
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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴11154
₴7947
₴10486
₴6305
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
-
-
-
8 256
pensions
-
-
-
3 013
total
-
-
-
11 269
Employee
27 405
-
36 573
-
health
398
-
585
-
income
4 936
-
6 512
-
pensions
2 326
-
3 426
-
total
7 660
-
10 523
-
Employer
27 405
-
36 573
-
pensions
2 967
-
4 232
-
health
521
-
695
-
total
3 488
-
4 927
-
Corporate
10 608
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.

2 016
7 885
-
-
total
2 016
7 885
-
-
Dividends
8 592
33 615
-
-
withholding
644
2 716
-
-
total
644
2 716
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 808
10 601
15 450
11 269
After tax
27 692
30 899
26 050
30 231
Living cost
19 745
19 745
19 745
19 745
Free-cash
7 947
11 154
6 305
10 486

Estimated living cost  is ₴19745 per week

₴14793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
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.
₴3265
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.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴13825
-₴545
₴1891
-₴214
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
city
-
-
-
437
pensions
-
-
-
3 818
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
regional
-
-
-
1 383
health
-
-
-
107
national
-
-
-
232
total
-
-
-
6 807
Employee
38 387
-
37 144
-
city
412
-
399
-
regional
1 257
-
1 190
-
health
87
-
83
-
pensions
3 225
-
3 121
-
unemployment
-
-
-
-
national
182
-
172
-
total
5 163
-
4 965
-
Employer
38 387
-
37 144
-
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.

768
-
743
-
unemployment
-
-
-
-
pensions
3 225
-
3 121
-
health
87
-
83
-
total
4 080
-
3 947
-
Corporate
-
41 500
-
-
regional
-
8 777
-
-
national
-
3 527
-
-
total
-
12 304
-
-
Dividends
-
29 196
-
-
withholding
-
10 219
-
-
total
-
10 219
-
-
Income
41 500
41 500
41 500
41 500
Total tax
9 243
22 523
8 912
6 807
After tax
32 257
18 977
32 588
34 693
Living cost
32 802
32 802
32 802
32 802
Free-cash
-545
-13 825
-214
1 891

Estimated living cost  is ₴32802 per week

₴21331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
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.
₴8125
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.

Source of data for Zurich model

Close
Munich , Germany
₴891
₴7854
₴6356
₴10049
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
-
-
-
3 693
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.

-
-
-
8 388
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.

-
-
-
2 933
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.

-
-
-
461
total
-
-
-
15 475
Employee

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

25 803
-
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.

2 933
-
2 933
-
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.

167
-
461
-
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.

3 034
-
8 388
-
total
6 134
-
11 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 697
41 500
-
-
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.

130
342
-
-
income
2 355
6 225
-
-
trade
2 692
7 117
-
-
chamber of commerce
87
124
-
-
total
5 264
13 808
-
-
Dividends
10 433
27 692
-
-
surtax

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

134
372
-
-
withholding
2 445
6 760
-
-
total
2 579
7 132
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 977
20 940
11 782
15 475
After tax
27 523
20 560
29 718
26 025
Living cost
19 669
19 669
19 669
19 669
Free-cash
7 854
891
10 049
6 356

Estimated living cost  is ₴19669 per week

₴14365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3475
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.

Source of data for Munich model

Close
Nice , France
₴6226
₴8762
₴9249
₴8882
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
-
-
-
3 749
pensions
-
-
-
10 653
other
-
-
-
1 288
health
-
-
-
689
surtax
-
-
-
-
social contributions
-
-
-
1 182
total
-
-
-
17 561
Employee
18 376
-
31 624
-
social contributions
524
-
901
-
surtax
-
-
-
-
income
1 084
-
3 573
-
pensions
2 078
-
3 577
-
total
3 686
-
8 051
-
Employer
18 376
-
31 624
-
other
634
-
1 091
-
social contributions
55
-
95
-
unemployment
744
-
1 281
-
pensions
3 019
-
5 196
-
health
1 287
-
2 214
-
total
5 739
-
9 877
-
Corporate
17 386
41 500
-
-
surtax
-
-
-
-
income
4 868
11 620
-
-
total
4 868
11 620
-
-
Dividends
12 518
29 880
-
-
surtax
-
-
-
-
social contributions
2 153
5 139
-
-
withholding
1 602
3 825
-
-
total
3 755
8 964
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 048
20 584
17 928
17 561
After tax
23 452
20 916
23 572
23 939
Living cost
14 690
14 690
14 690
14 690
Free-cash
8 762
6 226
8 882
9 249

Estimated living cost  is ₴14690 per week

₴9262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3983
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

Source of data for Nice model

Close
Marseille , France
₴7682
₴10067
₴10705
₴10338
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
-
-
-
3 749
pensions
-
-
-
10 653
other
-
-
-
1 288
health
-
-
-
689
surtax
-
-
-
-
social contributions
-
-
-
1 182
total
-
-
-
17 561
Employee
16 403
-
31 624
-
social contributions
468
-
901
-
surtax
-
-
-
-
income
846
-
3 573
-
pensions
1 855
-
3 577
-
total
3 169
-
8 051
-
Employer
16 403
-
31 624
-
other
566
-
1 091
-
social contributions
49
-
95
-
unemployment
664
-
1 281
-
pensions
2 695
-
5 196
-
health
1 148
-
2 214
-
total
5 122
-
9 877
-
Corporate
19 975
41 500
-
-
surtax
-
-
-
-
income
5 593
11 620
-
-
total
5 593
11 620
-
-
Dividends
14 382
29 880
-
-
surtax
-
-
-
-
social contributions
2 474
5 139
-
-
withholding
1 841
3 825
-
-
total
4 315
8 964
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 199
20 584
17 928
17 561
After tax
23 301
20 916
23 572
23 939
Living cost
13 234
13 234
13 234
13 234
Free-cash
10 067
7 682
10 338
10 705

Estimated living cost  is ₴13234 per week

₴7675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1344
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.
₴3964
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

Source of data for Marseille model

Close
Vilnius , Lithuania
₴16215
₴16438
₴17547
₴17694
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
14 558
-
41 500
-
social contributions
2 009
-
5 727
-
health
1 016
-
2 897
-
income
2 428
-
6 078
-
total
5 453
-
14 702
-
Employer
14 558
-
41 500
-
total
-
-
-
-
Corporate
26 942
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%.

1 347
2 075
-
-
total
1 347
2 075
-
-
Dividends
25 596
39 425
-
-
health
1 787
2 752
-
-
social contributions
3 532
5 440
-
-
withholding
3 839
5 914
-
-
total
9 158
14 106
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 958
16 181
14 702
14 849
After tax
25 542
25 319
26 798
26 651
Living cost
9 104
9 104
9 104
9 104
Free-cash
16 438
16 215
17 694
17 547

Estimated living cost  is ₴9104 per week

₴6093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴8161
₴7493
₴6002
-₴2355
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
chamber of commerce
-
-
-
166
income
-
-
-
6 633
pensions
-
-
-
7 678
unemployment
-
-
-
2 633
health
-
-
-
3 174
surtax
-
-
-
85
total
-
-
-
20 369
Employee
21 457
17 110
32 159
-
other
214
171
322
-
health
830
662
1 244
-
income
2 443
1 262
5 928
-
pensions
2 197
1 752
3 293
-
unemployment
644
513
965
-
total
6 328
4 360
11 752
-
Employer
21 457
17 110
32 159
-
accident
279
222
418
-
other
1 019
812
1 527
-
chamber of commerce
86
68
129
-
unemployment
644
513
965
-
surtax
85
85
85
-
pensions
2 693
2 148
4 036
-
payroll
644
513
965
-
health
811
647
1 216
-
total
6 261
5 008
9 341
-
Corporate
13 784
19 380
30 531
-
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.

3 446
4 845
7 633
-
total
3 446
4 845
7 633
-
Dividends
10 338
14 535
-
-
withholding
2 843
3 997
-
-
total
2 843
3 997
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 878
18 210
28 726
20 369
After tax
22 622
23 290
12 774
21 131
Living cost
15 129
15 129
15 129
15 129
Free-cash
7 493
8 161
-2 355
6 002

Estimated living cost  is ₴15129 per week

₴10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3499
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.

Source of data for Vienna model

Close
Brussels , Belgium
₴7625
₴1187
₴4011
₴608
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
national
-
-
-
13 331
communal

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

-
-
-
2 106
social contributions
-
-
-
6 397
total
-
-
-
21 834
Employee

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

30 712
-
32 143
-
communal

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

1 602
-
1 677
-
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.

1 443
-
1 511
-
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.

2 303
-
2 411
-
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.

267
-
279
-
national
9 442
-
10 002
-
total
15 057
-
15 880
-
Employer

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

30 712
-
32 143
-
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.

399
-
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.

448
-
469
-
surtax
3 482
-
3 645
-
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.

2 721
-
2 848
-
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.

1 889
-
1 977
-
total
8 939
-
9 357
-
Corporate
1 848
41 500
-
-
surtax
7
166
-
-
income
370
8 300
-
-
total
377
8 466
-
-
Dividends
1 471
33 034
-
-
withholding

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

285
9 754
-
-
total
285
9 754
-
-
Income
41 500
41 500
41 500
41 500
Total tax
24 658
18 220
25 237
21 834
After tax
16 842
23 280
16 263
19 666
Living cost
15 655
15 655
15 655
15 655
Free-cash
1 187
7 625
608
4 011

Estimated living cost  is ₴15655 per week

₴10084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3957
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

Source of data for Brussels model

Close
Barcelona , Spain
₴12459
₴9039
₴6619
₴6561
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
accident
-
-
-
359
income
-
-
-
7 435
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
19 375
Employee
21 372
-
31 468
-
other
21
-
32
-
income
4 509
-
7 401
-
pensions
1 005
-
1 479
-
unemployment
332
-
488
-
total
5 867
-
9 400
-
Employer
21 372
-
31 468
-
accident
423
-
623
-
other
170
-
252
-
unemployment
1 176
-
1 731
-
pensions
5 043
-
7 427
-
total
6 812
-
10 033
-
Corporate
13 315
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.

1 997
6 225
-
-
total
1 997
6 225
-
-
Dividends
11 318
35 275
-
-
withholding
2 279
7 310
-
-
total
2 279
7 310
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 955
13 535
19 433
19 375
After tax
24 545
27 965
22 067
22 125
Living cost
15 506
15 506
15 506
15 506
Free-cash
9 039
12 459
6 561
6 619

Estimated living cost  is ₴15506 per week

₴11418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2764
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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴2110
-₴745
₴601
₴2504
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
accident
-
-
-
350
income
-
-
-
3 400
pensions
-
-
-
6 220
health
-
-
-
2 916
surtax
-
-
-
2 057
communal
-
-
-
2 623
total
-
-
-
17 566
Employee
32 515
-
37 070
-
health
1 447
-
1 650
-
surtax
1 993
-
2 272
-
income
3 141
-
4 345
-
pensions
2 601
-
2 966
-
total
9 182
-
11 233
-
Employer
32 515
-
37 070
-
accident
293
-
333
-
pensions
2 601
-
2 966
-
health
992
-
1 131
-
total
3 886
-
4 430
-
Corporate
5 101
41 500
-
-
surtax
54
436
-
-
communal
-
2 801
-
-
income
765
6 225
-
-
total
819
9 462
-
-
Dividends
4 282
32 038
-
-
income
4 383
1 789
-
-
withholding
642
4 806
-
-
total
5 025
6 595
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 912
16 057
15 663
17 566
After tax
22 588
25 443
25 837
23 934
Living cost
23 333
23 333
23 333
23 333
Free-cash
-745
2 110
2 504
601

Estimated living cost  is ₴23333 per week

₴17503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴4168
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

Source of data for Luxembourg model

Close
Athens , Greece
₴16459
₴15092
₴11854
₴11054
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
-
-
-
7 736
pensions
-
-
-
8 300
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
2 946
surtax
-
-
-
922
total
-
-
-
20 002
Employee
14 459
-
34 284
-
other
-
-
-
-
health
369
-
874
-
surtax
51
-
829
-
income
2 424
-
7 210
-
pensions
965
-
2 287
-
unemployment
1 006
-
2 386
-
total
4 815
-
13 586
-
Employer
14 459
-
34 284
-
other
-
-
-
-
unemployment
459
-
1 087
-
pensions
1 928
-
4 570
-
health
658
-
1 559
-
total
3 045
-
7 216
-
Corporate
23 997
41 500
-
-
income
6 240
10 790
-
-
total
6 240
10 790
-
-
Dividends
17 757
30 710
-
-
withholding
2 664
4 607
-
-
total
2 664
4 607
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 764
15 397
20 802
20 002
After tax
24 736
26 103
20 698
21 498
Living cost
9 644
9 644
9 644
9 644
Free-cash
15 092
16 459
11 054
11 854

Estimated living cost  is ₴9644 per week

₴5822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴2760
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 of data for Athens model

Close
Naples , Italy
₴10247
₴9294
₴9671
₴7708
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
-
-
-
247
regional
-
-
-
626
national
-
-
-
8 716
social contributions
-
-
-
10 674
total
-
-
-
20 263
Employee
23 817
-
41 500
-
social contributions
8 031
-
13 994
-
regional
321
-
558
-
municipal
126
-
220
-
national
3 773
-
7 454
-
total
12 251
-
22 226
-
Employer
23 817
-
41 500
-
total
-
-
-
-
Corporate
17 683
41 500
-
-
nationa
4 244
9 960
-
-
municipal
879
2 062
-
-
total
5 123
12 022
-
-
Dividends
12 560
29 478
-
-
withholding
3 266
7 665
-
-
total
3 266
7 665
-
-
Income
41 500
41 500
41 500
41 500
Total tax
20 640
19 687
22 226
20 263
After tax
20 860
21 813
19 274
21 237
Living cost
11 566
11 566
11 566
11 566
Free-cash
9 294
10 247
7 708
9 671

Estimated living cost  is ₴11566 per week

₴7193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
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.
₴3003
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

Source of data for Naples model

Close
Prague , Czech Republic
₴15933
₴11424
₴7573
₴8420
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
-
-
-
3 567
health
-
-
-
5 602
solidarity contribution
-
-
-
-
social contributions
-
-
-
12 118
total
-
-
-
21 287
Employee
18 588
-
30 970
-
social contributions
1 208
-
2 013
-
health
2 509
-
4 181
-
solidarity contribution
-
-
-
-
income
2 230
-
3 716
-
total
5 947
-
9 910
-
Employer
18 588
-
30 970
-
social contributions
4 647
-
7 743
-
health
1 673
-
2 787
-
total
6 320
-
10 530
-
Corporate
16 593
41 500
-
-
income
3 153
7 885
-
-
total
3 153
7 885
-
-
Dividends
13 440
33 615
-
-
withholding
2 016
5 042
-
-
total
2 016
5 042
-
-
Income
41 500
41 500
41 500
41 500
Total tax
17 436
12 927
20 440
21 287
After tax
24 064
28 573
21 060
20 213
Living cost
12 640
12 640
12 640
12 640
Free-cash
11 424
15 933
8 420
7 573

Estimated living cost  is ₴12640 per week

₴9400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2321
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

Source of data for Prague model

Close
Graz , Austria
₴9638
₴9423
₴7518
-₴909
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
chamber of commerce
-
-
-
166
income
-
-
-
6 633
pensions
-
-
-
7 678
unemployment
-
-
-
2 633
health
-
-
-
3 174
surtax
-
-
-
-
total
-
-
-
20 284
Employee
18 768
17 110
32 225
-
other
187
171
323
-
health
726
662
1 247
-
income
1 672
1 262
5 950
-
pensions
1 922
1 752
3 300
-
unemployment
563
513
967
-
total
5 070
4 360
11 787
-
Employer
18 768
17 110
32 225
-
accident
244
222
419
-
other
891
812
1 530
-
chamber of commerce
75
68
129
-
unemployment
563
513
967
-
surtax
-
-
-
-
pensions
2 356
2 148
4 045
-
payroll
563
513
967
-
health
710
647
1 218
-
total
5 402
4 923
9 275
-
Corporate
17 331
19 465
30 596
-
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.

4 333
4 867
7 649
-
total
4 333
4 867
7 649
-
Dividends
12 998
14 598
-
-
withholding
3 574
4 014
-
-
total
3 574
4 014
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 379
18 164
28 711
20 284
After tax
23 121
23 336
12 789
21 216
Living cost
13 698
13 698
13 698
13 698
Free-cash
9 423
9 638
-909
7 518

Estimated living cost  is ₴13698 per week

₴8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴3838
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.

Source of data for Graz model

Close
Tbilisi , Georgia
₴33326
₴32182
₴34986
₴27101
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
7 624
-
41 500
-
income
1 525
-
8 300
-
total
1 525
-
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%.

33 876
41 500
-
-
total
-
-
-
-
Dividends
33 876
41 500
-
-
withholding
1 694
2 075
-
-
total
1 694
2 075
-
-
Income
41 500
41 500
41 500
41 500
Total tax
3 219
2 075
8 300
415
After tax
38 281
39 425
33 200
41 085
Living cost
6 099
6 099
6 099
6 099
Free-cash
32 182
33 326
27 101
34 986

Estimated living cost  is ₴6099 per week

₴4127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴1511
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.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴17056
₴13466
₴10018
₴8829
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
income
-
-
-
8 241
pensions
-
-
-
7 579
unemployment
-
-
-
62
health
-
-
-
4 084
total
-
-
-
19 966
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.

18 986
-
35 910
-
health
1 226
-
2 320
-
income
3 274
-
7 628
-
pensions
2 943
-
5 566
-
unemployment
27
-
51
-
total
7 470
-
15 565
-
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.

18 986
-
35 910
-
unemployment
11
-
21
-
pensions
1 680
-
3 178
-
health
1 265
-
2 391
-
total
2 956
-
5 590
-
Corporate
19 558
41 500
-
-
income
3 716
7 885
-
-
total
3 716
7 885
-
-
Dividends
15 842
33 615
-
-
withholding
2 376
5 043
-
-
total
2 376
5 043
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 518
12 928
21 155
19 966
After tax
24 982
28 572
20 345
21 534
Living cost
11 516
11 516
11 516
11 516
Free-cash
13 466
17 056
8 829
10 018

Estimated living cost  is ₴11516 per week

₴7903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2652
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

Source of data for Ljubljana model

Close
Oslo , Norway
₴6701
-₴22594
₴10132
₴17297
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
26 595
-
-
-
social contributions
2 181
-
311
-
income
5 866
-
-
-
total
8 047
-
311
-
Employer
26 595
-
-
-
social contributions
37 499
-
5 344
-
total
37 499
-
5 344
-
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
45 546
16 251
5 655
12 820
After tax
-4 046
25 249
35 845
28 680
Living cost
18 548
18 548
18 548
18 548
Free-cash
-22 594
6 701
17 297
10 132

Estimated living cost  is ₴18548 per week

₴12034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴4532
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

Source of data for Oslo model

Close
Lisbon , Portugal
₴10138
₴9707
₴9808
₴7788
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
-
-
-
3 803
surtax
-
-
-
-
social contributions

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

-
-
-
14 422
total
-
-
-
18 225
Employee
19 747
-
33 536
-
social contributions
2 172
-
3 689
-
surtax
-
-
-
-
income
4 107
-
8 592
-
total
6 279
-
12 281
-
Employer
19 747
-
33 536
-
social contributions
4 690
-
7 964
-
total
4 690
-
7 964
-
Corporate
17 063
41 500
-
-
surtax
-
-
-
-
income
3 583
8 715
-
-
total
3 583
8 715
-
-
Dividends
13 480
32 785
-
-
withholding
3 774
9 180
-
-
total
3 774
9 180
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 326
17 895
20 245
18 225
After tax
23 174
23 605
21 255
23 275
Living cost
13 467
13 467
13 467
13 467
Free-cash
9 707
10 138
7 788
9 808

Estimated living cost  is ₴13467 per week

₴10076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴794
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.
₴2372
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

Source of data for Lisbon model

Close
Paris , France
₴179
₴3130
₴3202
₴2835
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
-
-
-
3 749
pensions
-
-
-
10 653
other
-
-
-
1 288
health
-
-
-
689
surtax
-
-
-
-
social contributions
-
-
-
1 182
total
-
-
-
17 561
Employee
26 891
-
31 624
-
social contributions
766
-
901
-
surtax
-
-
-
-
income
2 346
-
3 573
-
pensions
3 042
-
3 577
-
total
6 154
-
8 051
-
Employer
26 891
-
31 624
-
other
928
-
1 091
-
social contributions
81
-
95
-
unemployment
1 089
-
1 281
-
pensions
4 419
-
5 196
-
health
1 882
-
2 214
-
total
8 399
-
9 877
-
Corporate
6 210
41 500
-
-
surtax
-
-
-
-
income
1 739
11 620
-
-
total
1 739
11 620
-
-
Dividends
4 471
29 880
-
-
surtax
-
-
-
-
social contributions
769
5 139
-
-
withholding
572
3 825
-
-
total
1 341
8 964
-
-
Income
41 500
41 500
41 500
41 500
Total tax
17 633
20 584
17 928
17 561
After tax
23 867
20 916
23 572
23 939
Living cost
20 737
20 737
20 737
20 737
Free-cash
3 130
179
2 835
3 202

Estimated living cost  is ₴20737 per week

₴14035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4722
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

Source of data for Paris model

Close
Andorra , Andorra
₴24444
₴23001
₴18824
₴19938
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
-
-
-
640
social contributions
-
-
-
9 130
total
-
-
-
9 770
Employee
13 803
-
35 931
-
income
-
-
752
-
social contributions
897
-
2 335
-
total
897
-
3 087
-
Employer
13 803
-
35 931
-
social contributions
2 140
-
5 569
-
total
2 140
-
5 569
-
Corporate
25 557
41 500
-
-
income
2 556
4 150
-
-
total
2 556
4 150
-
-
Dividends
23 001
37 350
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
5 593
4 150
8 656
9 770
After tax
35 907
37 350
32 844
31 730
Living cost
12 906
12 906
12 906
12 906
Free-cash
23 001
24 444
19 938
18 824

Estimated living cost  is ₴12906 per week

₴8345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3345
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.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴52035
-₴52035
₴5152
-₴52035
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
-
-
-
7 631
pensions
-
-
-
372
national
-
-
-
4 380
labour market
-
-
-
3 290
total
-
-
-
15 673
Employee
87 266
87 266
87 266
-
labour market
6 971
6 971
6 971
-
national
10 661
10 661
10 661
-
municipal
18 583
18 583
18 583
-
pensions
124
124
124
-
total
36 339
36 339
36 339
-
Employer
87 266
87 266
87 266
-
labour market
6 981
6 981
6 981
-
municipal
18 612
18 612
18 612
-
pensions
248
248
248
-
national
10 680
10 680
10 680
-
total
36 521
36 521
36 521
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
72 860
72 860
72 860
15 673
After tax
-31 360
-31 360
-31 360
25 827
Living cost
20 675
20 675
20 675
20 675
Free-cash
-52 035
-52 035
-52 035
5 152

Estimated living cost  is ₴20675 per week

₴14150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
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.
₴4378
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

Source of data for Copenhagen model

Close
Krakow , Poland
-₴5876
₴1945
₴19252
₴12124
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
accident
-
-
-
108
income
-
-
-
10 041
pensions
-
-
-
1 773
other
-
-
-
158
health
-
-
-
930
total
-
-
-
13 010
Employee
14 532
-
35 348
-
health
1 664
-
4 047
-
income
1 994
-
6 687
-
pensions
1 636
-
3 252
-
total
5 294
-
13 986
-
Employer
14 532
-
35 348
-
accident
243
-
590
-
unemployment
356
-
866
-
pensions
2 363
-
4 696
-
total
2 962
-
6 152
-
Corporate
24 006
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.

21 605
37 350
-
-
total
21 605
37 350
-
-
Dividends
2 401
4 150
-
-
withholding
456
788
-
-
total
456
788
-
-
Income
41 500
41 500
41 500
41 500
Total tax
30 317
38 138
20 138
13 010
After tax
11 183
3 362
21 362
28 490
Living cost
9 238
9 238
9 238
9 238
Free-cash
1 945
-5 876
12 124
19 252

Estimated living cost  is ₴9238 per week

₴6724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1814
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.

Source of data for Krakow model

Close
Helsinki , Finland
₴11219
₴10136
₴13145
₴7304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
-
-
-
7 388
health
-
-
-
460
national
-
-
-
4 023
total
-
-
-
11 871
Employee
22 589
-
34 912
-
health
169
-
359
-
municipal
3 700
-
5 701
-
pensions
1 524
-
2 356
-
unemployment
339
-
524
-
national
373
-
2 184
-
total
6 105
-
11 124
-
Employer
22 589
-
34 912
-
accident
23
-
35
-
unemployment
147
-
227
-
pensions
3 919
-
6 057
-
health
174
-
269
-
total
4 263
-
6 588
-
Corporate
14 649
41 500
-
-
income
2 930
8 300
-
-
total
2 930
8 300
-
-
Dividends

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

8 789
24 900
-
-
national
-
1 015
-
-
municipal
1 582
4 482
-
-
total
1 582
5 497
-
-
Income
41 500
41 500
41 500
41 500
Total tax
14 880
13 797
17 712
11 871
After tax
26 620
27 703
23 788
29 629
Living cost
16 484
16 484
16 484
16 484
Free-cash
10 136
11 219
7 304
13 145

Estimated living cost  is ₴16484 per week

₴10767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3869
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.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴20446
₴18108
₴19695
₴19654
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
-
-
-
4 332
health
-
-
-
1 058
social contributions
-
-
-
6 474
total
-
-
-
11 864
Employee
33 015
33 015
37 676
-
social contributions
1 248
2 740
3 127
-
health
256
561
640
-
income
3 595
3 056
4 314
-
total
5 099
6 357
8 081
-
Employer
33 015
33 015
37 676
-
social contributions
1 248
2 740
3 127
-
health
278
611
697
-
total
1 526
3 351
3 824
-
Corporate
24 934
5 134
-
-
income
3 117
642
-
-
total
3 117
642
-
-
Dividends
21 818
4 492
-
-
withholding
3 709
763
-
-
total
3 709
763
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 451
11 113
11 905
11 864
After tax
28 049
30 387
29 595
29 636
Living cost
9 941
9 941
9 941
9 941
Free-cash
18 108
20 446
19 654
19 695

Estimated living cost  is ₴9941 per week

₴5958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
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.
₴2788
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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴27549
₴25364
₴26446
₴18783
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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
41 500
income
-
-
-
3 940
pensions
-
-
-
2 731
unemployment
-
-
-
12
health
-
-
-
1 554
total
-
-
-
8 237
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

9 855
-
37 624
-
health
838
-
3 198
-
income
674
-
2 994
-
pensions
1 478
-
5 644
-
unemployment
49
-
188
-
total
3 039
-
12 024
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

9 855
-
37 624
-
unemployment
49
-
188
-
pensions
542
-
2 070
-
health
424
-
1 618
-
total
1 015
-
3 876
-
Corporate
30 630
41 500
-
-
income
2 756
3 735
-
-
total
2 756
3 735
-
-
Dividends
27 874
37 765
-
-
withholding
2 509
3 399
-
-
total
2 509
3 399
-
-
Income
41 500
41 500
41 500
41 500
Total tax
9 319
7 134
15 900
8 237
After tax
32 181
34 366
25 600
33 263
Living cost
6 817
6 817
6 817
6 817
Free-cash
25 364
27 549
18 783
26 446

Estimated living cost  is ₴6817 per week

₴4349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
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.
₴1773
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

Source of data for Podgorica model

Close
Valencia , Spain
₴16158
₴13906
₴10318
₴10260
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
accident
-
-
-
359
income
-
-
-
7 435
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
19 375
Employee
15 876
-
31 468
-
other
15
-
32
-
income
3 061
-
7 401
-
pensions
746
-
1 479
-
unemployment
246
-
488
-
total
4 068
-
9 400
-
Employer
15 876
-
31 468
-
accident
315
-
623
-
other
127
-
252
-
unemployment
873
-
1 731
-
pensions
3 746
-
7 427
-
total
5 061
-
10 033
-
Corporate
20 563
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.

3 085
6 225
-
-
total
3 085
6 225
-
-
Dividends
17 478
35 275
-
-
withholding
3 573
7 310
-
-
total
3 573
7 310
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 787
13 535
19 433
19 375
After tax
25 713
27 965
22 067
22 125
Living cost
11 807
11 807
11 807
11 807
Free-cash
13 906
16 158
10 260
10 318

Estimated living cost  is ₴11807 per week

₴7969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
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.
₴2496
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

Source of data for Valencia model

Close
Istanbul , Turkey
₴24721
₴24527
₴25110
₴25026
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
-
-
-
13 736
pensions
-
-
-
857
health
-
-
-
622
total
-
-
-
15 215
Employee
1 790
-
40 536
-
health
90
-
214
-
income
346
-
13 691
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
615
-
14 334
-
Employer
1 790
-
40 536
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
407
-
total
403
-
965
-
Corporate
39 307
41 500
-
-
income
8 648
9 130
-
-
total
8 648
9 130
-
-
Dividends
30 659
32 370
-
-
withholding
6 132
6 474
-
-
total
6 132
6 474
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 798
15 604
15 299
15 215
After tax
25 702
25 896
26 201
26 285
Living cost
1 175
1 175
1 175
1 175
Free-cash
24 527
24 721
25 026
25 110

Estimated living cost  is ₴1175 per week

₴698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴355
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 of data for Istanbul model

Close
Belgrade , Serbia
₴22564
₴20454
₴14364
₴14364
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
income
-
-
-
7 730
pensions
-
-
-
8 244
unemployment
-
-
-
476
health
-
-
-
3 266
total
-
-
-
19 716
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.

11 188
-
35 825
-
health
576
-
1 633
-
income
1 542
-
7 730
-
pensions
1 566
-
4 439
-
unemployment
84
-
238
-
total
3 768
-
14 040
-
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.

11 188
-
35 825
-
unemployment
84
-
238
-
pensions
1 343
-
3 805
-
health
576
-
1 633
-
total
2 003
-
5 676
-
Corporate
28 309
41 500
-
-
income
4 246
6 225
-
-
total
4 246
6 225
-
-
Dividends
24 063
35 275
-
-
withholding
3 609
5 291
-
-
total
3 609
5 291
-
-
Income
41 500
41 500
41 500
41 500
Total tax
13 626
11 516
19 716
19 716
After tax
27 874
29 984
21 784
21 784
Living cost
7 420
7 420
7 420
7 420
Free-cash
20 454
22 564
14 364
14 364

Estimated living cost  is ₴7420 per week

₴4996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴1635
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

Source of data for Belgrade model

Close
Porto , Portugal
₴12030
₴11877
₴11700
₴9680
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
-
-
-
3 803
surtax
-
-
-
-
social contributions

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

-
-
-
14 422
total
-
-
-
18 225
Employee
16 664
-
33 536
-
social contributions
1 833
-
3 689
-
surtax
-
-
-
-
income
3 256
-
8 592
-
total
5 089
-
12 281
-
Employer
16 664
-
33 536
-
social contributions
3 957
-
7 964
-
total
3 957
-
7 964
-
Corporate
20 878
41 500
-
-
surtax
-
-
-
-
income
4 384
8 715
-
-
total
4 384
8 715
-
-
Dividends
16 494
32 785
-
-
withholding
4 618
9 180
-
-
total
4 618
9 180
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 048
17 895
20 245
18 225
After tax
23 452
23 605
21 255
23 275
Living cost
11 575
11 575
11 575
11 575
Free-cash
11 877
12 030
9 680
11 700

Estimated living cost  is ₴11575 per week

₴8198
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.
₴205
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.
₴2368
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

Source of data for Porto model

Close
Madrid , Spain
₴12876
₴9601
₴7036
₴6978
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
accident
-
-
-
359
income
-
-
-
7 435
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
19 375
Employee
20 736
-
31 468
-
other
20
-
32
-
income
4 331
-
7 401
-
pensions
974
-
1 479
-
unemployment
321
-
488
-
total
5 646
-
9 400
-
Employer
20 736
-
31 468
-
accident
411
-
623
-
other
166
-
252
-
unemployment
1 141
-
1 731
-
pensions
4 894
-
7 427
-
total
6 612
-
10 033
-
Corporate
14 153
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.

2 123
6 225
-
-
total
2 123
6 225
-
-
Dividends
12 030
35 275
-
-
withholding
2 429
7 310
-
-
total
2 429
7 310
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 810
13 535
19 433
19 375
After tax
24 690
27 965
22 067
22 125
Living cost
15 089
15 089
15 089
15 089
Free-cash
9 601
12 876
6 978
7 036

Estimated living cost  is ₴15089 per week

₴10837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2867
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

Source of data for Madrid model

Close
Sofia , Bulgaria
₴28096
₴25480
₴23884
₴25143
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
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
10 230
Employee
9 780
-
38 558
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
978
-
3 856
-
pensions

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

859
-
1 317
-
total
2 394
-
6 028
-
Employer
9 780
-
38 558
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 653
-
health
675
-
1 035
-
total
1 919
-
2 943
-
Corporate
29 801
41 500
-
-
income
2 980
4 150
-
-
total
2 980
4 150
-
-
Dividends
26 821
37 350
-
-
withholding
1 341
1 868
-
-
total
1 341
1 868
-
-
Income
41 500
41 500
41 500
41 500
Total tax
8 634
6 018
8 971
10 230
After tax
32 866
35 482
32 529
31 270
Living cost
7 386
7 386
7 386
7 386
Free-cash
25 480
28 096
25 143
23 884

Estimated living cost  is ₴7386 per week

₴4885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴1902
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

Source of data for Sofia model

Close
Berlin , Germany
₴4839
₴10455
₴10052
₴13142
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
-
-
-
3 090
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.

-
-
-
8 388
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.

-
-
-
2 933
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.

-
-
-
461
total
-
-
-
14 872
Employee

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

21 363
-
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.

2 933
-
2 933
-
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.

97
-
461
-
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.

1 757
-
8 388
-
total
4 787
-
11 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 137
41 500
-
-
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.

166
342
-
-
income
3 020
6 225
-
-
trade
2 890
5 955
-
-
chamber of commerce
95
126
-
-
total
6 171
12 648
-
-
Dividends
13 966
28 851
-
-
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.

183
388
-
-
withholding
3 328
7 049
-
-
total
3 511
7 437
-
-
Income
41 500
41 500
41 500
41 500
Total tax
14 469
20 085
11 782
14 872
After tax
27 031
21 415
29 718
26 628
Living cost
16 576
16 576
16 576
16 576
Free-cash
10 455
4 839
13 142
10 052

Estimated living cost  is ₴16576 per week

₴11435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴3117
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.

Source of data for Berlin model

Close
Dublin , Ireland
₴4592
₴5541
₴3878
₴3878
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
-
-
-
9 504
social contributions
-
-
-
3 660
total
-
-
-
13 164
Employee
33 585
-
41 500
-
income
6 337
-
9 504
-
social contributions
2 790
-
3 660
-
total
9 127
-
13 164
-
Employer
33 585
-
41 500
-
total
-
-
-
-
Corporate
7 915
41 500
-
-
income
989
5 188
-
-
total
989
5 188
-
-
Dividends
6 926
36 312
-
-
withholding
1 385
7 262
-
-
total
1 385
7 262
-
-
Income
41 500
41 500
41 500
41 500
Total tax
11 501
12 450
13 164
13 164
After tax
29 999
29 050
28 336
28 336
Living cost
24 458
24 458
24 458
24 458
Free-cash
5 541
4 592
3 878
3 878

Estimated living cost  is ₴24458 per week

₴18607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3624
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.

Source of data for Dublin model

Close
Sliema , Malta
₴9121
₴10958
₴10813
₴14870
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
-
-
-
12 222
health

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

-
-
-
2 879
total
-
-
-
15 101
Employee
19 696
-
39 525
-
income
2 137
-
7 094
-
social contributions
1 973
-
1 975
-
total
4 110
-
9 069
-
Employer
19 696
-
39 525
-
social contributions
1 973
-
1 975
-
total
1 973
-
1 975
-
Corporate
19 830
41 500
-
-
income
6 940
14 525
-
-
total
6 940
14 525
-
-
Dividends
12 890
26 975
-
-
social contributions
1 933
2 268
-
-
total
1 933
2 268
-
-
Income
41 500
41 500
41 500
41 500
Total tax
14 956
16 793
11 044
15 101
After tax
26 544
24 707
30 456
26 399
Living cost
15 586
15 586
15 586
15 586
Free-cash
10 958
9 121
14 870
10 813

Estimated living cost  is ₴15586 per week

₴10266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
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.
₴3851
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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴14847
₴12603
₴14179
₴9998
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
-
-
-
8 256
pensions
-
-
-
3 013
total
-
-
-
11 269
Employee
22 034
-
36 573
-
health
287
-
585
-
income
4 013
-
6 512
-
pensions
1 682
-
3 426
-
total
5 982
-
10 523
-
Employer
22 034
-
36 573
-
pensions
2 226
-
4 232
-
health
419
-
695
-
total
2 645
-
4 927
-
Corporate
16 821
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.

3 196
7 885
-
-
total
3 196
7 885
-
-
Dividends
13 625
33 615
-
-
withholding
1 022
2 716
-
-
total
1 022
2 716
-
-
Income
41 500
41 500
41 500
41 500
Total tax
12 845
10 601
15 450
11 269
After tax
28 655
30 899
26 050
30 231
Living cost
16 052
16 052
16 052
16 052
Free-cash
12 603
14 847
9 998
14 179

Estimated living cost  is ₴16052 per week

₴11012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
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.
₴3363
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.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴6791
₴1804
₴18337
₴11209
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
accident
-
-
-
108
income
-
-
-
10 041
pensions
-
-
-
1 773
other
-
-
-
158
health
-
-
-
930
total
-
-
-
13 010
Employee
15 971
-
35 348
-
health
1 829
-
4 047
-
income
2 191
-
6 687
-
pensions
1 798
-
3 252
-
total
5 818
-
13 986
-
Employer
15 971
-
35 348
-
accident
267
-
590
-
unemployment
391
-
866
-
pensions
2 597
-
4 696
-
total
3 255
-
6 152
-
Corporate
22 274
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.

20 047
37 350
-
-
total
20 047
37 350
-
-
Dividends
2 227
4 150
-
-
withholding
423
788
-
-
total
423
788
-
-
Income
41 500
41 500
41 500
41 500
Total tax
29 543
38 138
20 138
13 010
After tax
11 957
3 362
21 362
28 490
Living cost
10 153
10 153
10 153
10 153
Free-cash
1 804
-6 791
11 209
18 337

Estimated living cost  is ₴10153 per week

₴7451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴1906
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.

Source of data for Warsaw model

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Skopje , Macedonia
₴29135
₴27405
₴17971
₴19964
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
41 500
work injury
-
-
-
208
health insurance
-
-
-
3 071
income
-
-
-
6 329
pensions
-
-
-
7 636
unemployment
-
-
-
498
total
-
-
-
17 742
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

9 259
-
41 500
-
work injury
46
-
171
-
income
926
-
6 329
-
pensions
1 704
-
6 303
-
health insurance
685
-
2 535
-
unemployment
111
-
411
-
total
3 472
-
15 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 241
41 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
415
-
-
total
-
415
-
-
Dividends
32 241
41 085
-
-
withholding
4 836
6 163
-
-
total
4 836
6 163
-
-
Income
41 500
41 500
41 500
41 500
Total tax
8 308
6 578
15 749
17 742
After tax
33 192
34 922
25 751
23 758
Living cost
5 787
5 787
5 787
5 787
Free-cash
27 405
29 135
19 964
17 971

Estimated living cost  is ₴5787 per week

₴3585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴421
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.
₴1601
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

Source of data for Skopje model

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Rome , Italy
₴4756
₴2802
₴3913
₴2015
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
-
-
-
278
regional
-
-
-
815
national
-
-
-
8 716
social contributions
-
-
-
10 674
total
-
-
-
20 483
Employee
36 180
-
41 500
-
social contributions
12 200
-
13 994
-
regional
546
-
685
-
municipal
216
-
248
-
national
6 114
-
7 454
-
total
19 076
-
22 381
-
Employer
36 180
-
41 500
-
total
-
-
-
-
Corporate
5 320
41 500
-
-
nationa
1 277
9 960
-
-
municipal
257
2 000
-
-
total
1 534
11 960
-
-
Dividends
3 787
29 540
-
-
withholding
984
7 680
-
-
total
984
7 680
-
-
Income
41 500
41 500
41 500
41 500
Total tax
21 594
19 640
22 381
20 483
After tax
19 906
21 860
19 119
21 017
Living cost
17 104
17 104
17 104
17 104
Free-cash
2 802
4 756
2 015
3 913

Estimated living cost  is ₴17104 per week

₴12015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
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.
₴3654
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

Source of data for Rome model

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