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
₴ 42000
per

Your estimated
City
free-cash

Andorra , Andorra
₴21161
₴26204
₴22277
₴27370
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
-
-
-
42 000
social contributions
-
-
-
9 240
income
-
-
-
1 169
total
-
-
-
10 409
Employee
11 155
-
36 364
-
social contributions
725
-
2 364
-
income
-
-
1 293
-
total
725
-
3 657
-
Employer
11 155
-
36 364
-
social contributions
1 729
-
5 636
-
total
1 729
-
5 636
-
Corporate
29 116
42 000
-
-
income
2 912
4 200
-
-
total
2 912
4 200
-
-
Dividends
26 205
37 800
-
-
total
-
-
-
-
Income
42 000
42 000
42 000
42 000
Total tax
5 366
4 200
9 293
10 409
After tax
36 634
37 800
32 707
31 591
Living cost
10 430
10 430
10 430
10 430
Free-cash
26 204
27 370
22 277
21 161

Estimated living cost  is ₴10430 per week

₴6744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴786
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.
₴2704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
₴9889
₴12218
₴747
₴12389
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
-
-
-
42 000
surtax
-
-
-
-
unemployment
-
-
-
2 128
health
-
-
-
3 101
chamber of commerce
-
-
-
168
pensions
-
-
-
7 499
income
-
-
-
8 146
total
-
-
-
21 042
Employee
15 167
13 827
32 614
-
unemployment
455
415
978
-
other
151
138
326
-
income
1 351
1 020
7 069
-
pensions
1 553
1 416
3 340
-
health
587
535
1 262
-
total
4 097
3 524
12 975
-
Employer
15 167
13 827
32 614
-
pensions
1 904
1 736
4 093
-
surtax
-
-
-
-
payroll
455
415
978
-
other
720
656
1 549
-
health
573
523
1 233
-
accident
197
180
424
-
unemployment
455
415
978
-
chamber of commerce
61
55
130
-
total
4 365
3 980
9 385
-
Corporate
22 468
24 193
31 297
-
income

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

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

5 617
6 048
7 824
-
total
5 617
6 048
7 824
-
Dividends
16 851
18 145
-
-
withholding
4 634
4 990
-
-
total
4 634
4 990
-
-
Income
42 000
42 000
42 000
42 000
Total tax
18 713
18 542
30 184
21 042
After tax
23 287
23 458
11 816
20 958
Living cost
11 069
11 069
11 069
11 069
Free-cash
12 218
12 389
747
9 889

Estimated living cost  is ₴11069 per week

₴6640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1131
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.
₴3101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
₴8664
₴10659
-₴423
₴11195
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
-
-
-
42 000
surtax
-
-
-
68
unemployment
-
-
-
2 128
health
-
-
-
3 101
chamber of commerce
-
-
-
168
pensions
-
-
-
7 499
income
-
-
-
8 146
total
-
-
-
21 110
Employee
17 340
13 827
32 560
-
unemployment
520
415
977
-
other
173
138
326
-
income
1 974
1 020
7 050
-
pensions
1 776
1 416
3 334
-
health
671
535
1 260
-
total
5 114
3 524
12 947
-
Employer
17 340
13 827
32 560
-
pensions
2 176
1 736
4 086
-
surtax
68
68
68
-
payroll
520
415
977
-
other
824
656
1 547
-
health
655
523
1 231
-
accident
225
180
423
-
unemployment
520
415
977
-
chamber of commerce
69
55
130
-
total
5 057
4 048
9 439
-
Corporate
19 602
24 125
31 243
-
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.

4 901
6 031
7 811
-
total
4 901
6 031
7 811
-
Dividends
14 701
18 094
-
-
withholding
4 043
4 976
-
-
total
4 043
4 976
-
-
Income
42 000
42 000
42 000
42 000
Total tax
19 115
18 579
30 197
21 110
After tax
22 885
23 421
11 803
20 890
Living cost
12 226
12 226
12 226
12 226
Free-cash
10 659
11 195
-423
8 664

Estimated living cost  is ₴12226 per week

₴8154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1043
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.
₴2828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴6288
₴5676
₴3202
₴10878
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
-
-
-
42 000
national
-
-
-
14 234
communal

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

-
-
-
2 118
social contributions
-
-
-
6 709
total
-
-
-
23 061
Employee

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

24 819
-
32 531
-
unemployment

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

216
-
283
-
national
7 630
-
10 729
-
communal

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

1 294
-
1 697
-
pensions

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

1 861
-
2 440
-
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.

1 166
-
1 529
-
total
12 167
-
16 678
-
Employer

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

24 819
-
32 531
-
surtax
2 814
-
3 689
-
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.

2 199
-
2 882
-
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.

1 526
-
2 000
-
accident

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

323
-
423
-
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.

362
-
475
-
total
7 224
-
9 469
-
Corporate
9 957
42 000
-
-
income
1 991
8 400
-
-
surtax
40
168
-
-
total
2 031
8 568
-
-
Dividends
7 926
33 432
-
-
withholding

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

2 251
9 903
-
-
total
2 251
9 903
-
-
Income
42 000
42 000
42 000
42 000
Total tax
23 673
18 471
26 147
23 061
After tax
18 327
23 529
15 853
18 939
Living cost
12 651
12 651
12 651
12 651
Free-cash
5 676
10 878
3 202
6 288

Estimated living cost  is ₴12651 per week

₴8149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1106
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.
₴3198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴26500
₴27830
₴27941
₴29944
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
-
-
-
42 000
unemployment
-
-
-
48
health
-
-
-
1 393
pensions

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

-
-
-
1 793
income
-
-
-
6 300
total
-
-
-
9 534
Employee
7 900
-
39 623
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
790
-
3 962
-
pensions

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

694
-
1 064
-
health
363
-
557
-
total
1 934
-
5 716
-
Employer
7 900
-
39 623
-
pensions

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

871
-
1 335
-
health
545
-
836
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
47
-
73
-
total
1 550
-
2 377
-
Corporate
32 550
42 000
-
-
income
3 255
4 200
-
-
total
3 255
4 200
-
-
Dividends
29 295
37 800
-
-
withholding
1 465
1 890
-
-
total
1 465
1 890
-
-
Income
42 000
42 000
42 000
42 000
Total tax
8 204
6 090
8 093
9 534
After tax
33 796
35 910
33 907
32 466
Living cost
5 966
5 966
5 966
5 966
Free-cash
27 830
29 944
27 941
26 500

Estimated living cost  is ₴5966 per week

₴3946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴142
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.
₴1537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴27919
₴29751
₴29360
₴31363
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
-
-
-
42 000
unemployment
-
-
-
48
health
-
-
-
1 393
pensions

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

-
-
-
1 793
income
-
-
-
6 300
total
-
-
-
9 534
Employee
6 021
-
39 623
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
602
-
3 962
-
pensions

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

529
-
1 064
-
health
277
-
557
-
total
1 474
-
5 716
-
Employer
6 021
-
39 623
-
pensions

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

664
-
1 335
-
health
416
-
836
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
73
-
total
1 182
-
2 377
-
Corporate
34 797
42 000
-
-
income
3 480
4 200
-
-
total
3 480
4 200
-
-
Dividends
31 317
37 800
-
-
withholding
1 566
1 890
-
-
total
1 566
1 890
-
-
Income
42 000
42 000
42 000
42 000
Total tax
7 702
6 090
8 093
9 534
After tax
34 298
35 910
33 907
32 466
Living cost
4 547
4 547
4 547
4 547
Free-cash
29 751
31 363
29 360
27 919

Estimated living cost  is ₴4547 per week

₴2655
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.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴21422
₴20779
₴20968
₴22669
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
-
-
-
42 000
health
-
-
-
1 071
social contributions
-
-
-
5 614
income
-
-
-
5 860
total
-
-
-
12 545
Employee
26 680
26 680
38 305
-
income
2 905
2 470
5 666
-
social contributions
1 009
2 214
2 987
-
health
207
454
651
-
total
4 121
5 138
9 304
-
Employer
26 680
26 680
38 305
-
social contributions
1 009
2 214
2 987
-
health
225
494
708
-
total
1 234
2 708
3 695
-
Corporate
28 613
12 612
-
-
income
3 577
1 576
-
-
total
3 577
1 576
-
-
Dividends
25 036
11 035
-
-
withholding
4 256
1 876
-
-
total
4 256
1 876
-
-
Income
42 000
42 000
42 000
42 000
Total tax
13 188
11 298
12 999
12 545
After tax
28 812
30 702
29 001
29 455
Living cost
8 033
8 033
8 033
8 033
Free-cash
20 779
22 669
20 968
21 422

Estimated living cost  is ₴8033 per week

₴4814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴18201
₴18009
₴17747
₴19448
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
-
-
-
42 000
health
-
-
-
1 071
social contributions
-
-
-
5 614
income
-
-
-
5 860
total
-
-
-
12 545
Employee
26 680
26 680
38 305
-
income
2 802
2 470
5 666
-
social contributions
1 296
2 214
2 987
-
health
265
454
651
-
total
4 363
5 138
9 304
-
Employer
26 680
26 680
38 305
-
social contributions
1 296
2 214
2 987
-
health
289
494
708
-
total
1 585
2 708
3 695
-
Corporate
24 797
12 612
-
-
income
3 100
1 576
-
-
total
3 100
1 576
-
-
Dividends
21 697
11 035
-
-
withholding
3 689
1 876
-
-
total
3 689
1 876
-
-
Income
42 000
42 000
42 000
42 000
Total tax
12 737
11 298
12 999
12 545
After tax
29 263
30 702
29 001
29 455
Living cost
11 254
11 254
11 254
11 254
Free-cash
18 009
19 448
17 747
18 201

Estimated living cost  is ₴11254 per week

₴7693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴12985
₴17996
₴13264
₴20867
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
-
-
-
42 000
health
-
-
-
5 670
social contributions
-
-
-
11 583
income
-
-
-
3 712
solidarity contribution
-
-
-
-
total
-
-
-
20 965
Employee
11 838
-
31 343
-
income
1 421
-
3 761
-
social contributions
769
-
2 037
-
health
1 598
-
4 231
-
solidarity contribution
-
-
-
-
total
3 788
-
10 029
-
Employer
11 838
-
31 343
-
social contributions
2 959
-
7 836
-
health
1 065
-
2 821
-
total
4 024
-
10 657
-
Corporate
26 137
42 000
-
-
income
4 966
7 980
-
-
total
4 966
7 980
-
-
Dividends
21 171
34 020
-
-
withholding
3 176
5 103
-
-
total
3 176
5 103
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 954
13 083
20 686
20 965
After tax
26 046
28 917
21 314
21 035
Living cost
8 050
8 050
8 050
8 050
Free-cash
17 996
20 867
13 264
12 985

Estimated living cost  is ₴8050 per week

₴5591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴11116
₴15460
₴11395
₴18998
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
-
-
-
42 000
health
-
-
-
5 670
social contributions
-
-
-
11 583
income
-
-
-
3 712
solidarity contribution
-
-
-
-
total
-
-
-
20 965
Employee
14 587
-
31 343
-
income
1 750
-
3 761
-
social contributions
948
-
2 037
-
health
1 969
-
4 231
-
solidarity contribution
-
-
-
-
total
4 667
-
10 029
-
Employer
14 587
-
31 343
-
social contributions
3 647
-
7 836
-
health
1 313
-
2 821
-
total
4 960
-
10 657
-
Corporate
22 453
42 000
-
-
income
4 266
7 980
-
-
total
4 266
7 980
-
-
Dividends
18 187
34 020
-
-
withholding
2 728
5 103
-
-
total
2 728
5 103
-
-
Income
42 000
42 000
42 000
42 000
Total tax
16 621
13 083
20 686
20 965
After tax
25 379
28 917
21 314
21 035
Living cost
9 919
9 919
9 919
9 919
Free-cash
15 460
18 998
11 395
11 116

Estimated living cost  is ₴9919 per week

₴7377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
₴8863
-₴33817
-₴33817
-₴33817
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
-
-
-
42 000
national
-
-
-
4 564
pensions
-
-
-
302
municipal
-
-
-
8 176
labour market
-
-
-
3 336
total
-
-
-
16 378
Employee
70 734
70 734
70 734
-
municipal
15 062
15 062
15 062
-
national
8 641
8 641
8 641
-
pensions
101
101
101
-
labour market
5 651
5 651
5 651
-
total
29 455
29 455
29 455
-
Employer
70 734
70 734
70 734
-
pensions
201
201
201
-
labour market
5 659
5 659
5 659
-
municipal
15 086
15 086
15 086
-
national
8 657
8 657
8 657
-
total
29 603
29 603
29 603
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 000
42 000
42 000
42 000
Total tax
59 058
59 058
59 058
16 378
After tax
-17 058
-17 058
-17 058
25 622
Living cost
16 759
16 759
16 759
16 759
Free-cash
-33 817
-33 817
-33 817
8 863

Estimated living cost  is ₴16759 per week

₴11470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1482
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.
₴3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴14131
₴23064
₴15828
₴25219
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
-
-
-
42 000
health
-
-
-
5 460
pensions
-
-
-
8 400
income
-
-
-
5 628
total
-
-
-
19 488
Employee
9 843
-
31 390
-
unemployment
157
-
502
-
income
1 108
-
6 052
-
pensions
197
-
627
-
total
1 462
-
7 181
-
Employer
9 843
-
31 390
-
pensions
1 969
-
6 278
-
health
1 279
-
4 081
-
unemployment
79
-
251
-
total
3 327
-
10 610
-
Corporate
28 830
42 000
-
-
income
5 766
8 400
-
-
total
5 766
8 400
-
-
Dividends
23 064
33 600
-
-
total
-
-
-
-
Income
42 000
42 000
42 000
42 000
Total tax
10 555
8 400
17 791
19 488
After tax
31 445
33 600
24 209
22 512
Living cost
8 381
8 381
8 381
8 381
Free-cash
23 064
25 219
15 828
14 131

Estimated living cost  is ₴8381 per week

₴5748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₴15685
₴14012
₴9926
₴14047
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

-
-
-
42 000
national
-
-
-
5 022
health
-
-
-
502
municipal
-
-
-
7 470
total
-
-
-
12 994
Employee
18 255
-
35 333
-
unemployment
274
-
530
-
municipal
2 990
-
5 763
-
national
302
-
3 008
-
pensions
1 232
-
2 385
-
health
136
-
399
-
total
4 934
-
12 085
-
Employer
18 255
-
35 333
-
pensions
3 167
-
6 130
-
health
140
-
272
-
accident
18
-
36
-
unemployment
119
-
230
-
total
3 444
-
6 668
-
Corporate
20 301
42 000
-
-
income
4 060
8 400
-
-
total
4 060
8 400
-
-
Dividends

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

12 181
25 200
-
-
municipal
2 193
4 536
-
-
national
36
1 696
-
-
total
2 229
6 232
-
-
Income
42 000
42 000
42 000
42 000
Total tax
14 667
14 632
18 753
12 994
After tax
27 333
27 368
23 247
29 006
Living cost
13 321
13 321
13 321
13 321
Free-cash
14 012
14 047
9 926
15 685

Estimated living cost  is ₴13321 per week

₴8701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1281
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
₴13283
₴12400
₴14513
₴10473
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
-
-
-
42 000
surtax
-
-
-
-
health
-
-
-
1 179
pensions
-
-
-
9 311
social contributions
-
-
-
1 196
income
-
-
-
5 034
other
-
-
-
1 302
total
-
-
-
18 022
Employee
13 255
-
33 579
-
income
683
-
5 541
-
surtax
-
-
-
-
social contributions
378
-
957
-
pensions
1 499
-
1 875
-
total
2 560
-
8 373
-
Employer
13 255
-
33 579
-
pensions
2 178
-
3 238
-
social contributions
40
-
101
-
other
458
-
1 158
-
health
928
-
2 562
-
unemployment
537
-
1 360
-
total
4 141
-
8 419
-
Corporate
24 605
42 000
-
-
income
6 889
11 760
-
-
surtax
-
-
-
-
total
6 889
11 760
-
-
Dividends
17 716
30 240
-
-
withholding
2 268
3 871
-
-
social contributions
3 047
5 201
-
-
surtax
-
-
-
-
total
5 315
9 072
-
-
Income
42 000
42 000
42 000
42 000
Total tax
18 905
20 832
16 792
18 022
After tax
23 095
21 168
25 208
23 978
Living cost
10 695
10 695
10 695
10 695
Free-cash
12 400
10 473
14 513
13 283

Estimated living cost  is ₴10695 per week

₴6202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1086
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.
₴3203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴12107
₴11346
₴13337
₴9297
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
-
-
-
42 000
surtax
-
-
-
-
health
-
-
-
1 179
pensions
-
-
-
9 311
social contributions
-
-
-
1 196
income
-
-
-
5 034
other
-
-
-
1 302
total
-
-
-
18 022
Employee
14 850
-
33 579
-
income
876
-
5 541
-
surtax
-
-
-
-
social contributions
423
-
957
-
pensions
1 679
-
1 875
-
total
2 978
-
8 373
-
Employer
14 850
-
33 579
-
pensions
2 440
-
3 238
-
social contributions
45
-
101
-
other
512
-
1 158
-
health
1 040
-
2 562
-
unemployment
601
-
1 360
-
total
4 638
-
8 419
-
Corporate
22 513
42 000
-
-
income
6 304
11 760
-
-
surtax
-
-
-
-
total
6 304
11 760
-
-
Dividends
16 209
30 240
-
-
withholding
2 075
3 871
-
-
social contributions
2 788
5 201
-
-
surtax
-
-
-
-
total
4 863
9 072
-
-
Income
42 000
42 000
42 000
42 000
Total tax
18 783
20 832
16 792
18 022
After tax
23 217
21 168
25 208
23 978
Living cost
11 871
11 871
11 871
11 871
Free-cash
11 346
9 297
13 337
12 107

Estimated living cost  is ₴11871 per week

₴7485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴965
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.
₴3219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴7220
₴6795
₴8450
₴4410
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
-
-
-
42 000
surtax
-
-
-
-
health
-
-
-
1 179
pensions
-
-
-
9 311
social contributions
-
-
-
1 196
income
-
-
-
5 034
other
-
-
-
1 302
total
-
-
-
18 022
Employee
21 731
-
33 579
-
income
1 896
-
5 541
-
surtax
-
-
-
-
social contributions
619
-
957
-
pensions
2 458
-
1 875
-
total
4 973
-
8 373
-
Employer
21 731
-
33 579
-
pensions
3 571
-
3 238
-
social contributions
65
-
101
-
other
750
-
1 158
-
health
1 521
-
2 562
-
unemployment
880
-
1 360
-
total
6 787
-
8 419
-
Corporate
13 482
42 000
-
-
income
3 775
11 760
-
-
surtax
-
-
-
-
total
3 775
11 760
-
-
Dividends
9 707
30 240
-
-
withholding
1 242
3 871
-
-
social contributions
1 670
5 201
-
-
surtax
-
-
-
-
total
2 912
9 072
-
-
Income
42 000
42 000
42 000
42 000
Total tax
18 447
20 832
16 792
18 022
After tax
23 553
21 168
25 208
23 978
Living cost
16 758
16 758
16 758
16 758
Free-cash
6 795
4 410
8 450
7 220

Estimated living cost  is ₴16758 per week

₴11342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴39366
₴37270
₴31386
₴37686
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%.

-
-
-
42 000
microenterprise

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

-
-
-
420
total
-
-
-
420
Employee
2 768
-
42 000
-
income
554
-
8 400
-
total
554
-
8 400
-
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%.

39 232
42 000
-
-
total
-
-
-
-
Dividends
39 232
42 000
-
-
withholding
1 962
2 100
-
-
total
1 962
2 100
-
-
Income
42 000
42 000
42 000
42 000
Total tax
2 516
2 100
8 400
420
After tax
39 484
39 900
33 600
41 580
Living cost
2 214
2 214
2 214
2 214
Free-cash
37 270
37 686
31 386
39 366

Estimated living cost  is ₴2214 per week

₴1372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴38129
₴35802
₴30149
₴36449
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%.

-
-
-
42 000
microenterprise

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

-
-
-
420
total
-
-
-
420
Employee
4 314
-
42 000
-
income
863
-
8 400
-
total
863
-
8 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

37 686
42 000
-
-
total
-
-
-
-
Dividends
37 686
42 000
-
-
withholding
1 884
2 100
-
-
total
1 884
2 100
-
-
Income
42 000
42 000
42 000
42 000
Total tax
2 747
2 100
8 400
420
After tax
39 253
39 900
33 600
41 580
Living cost
3 451
3 451
3 451
3 451
Free-cash
35 802
36 449
30 149
38 129

Estimated living cost  is ₴3451 per week

₴2335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴11063
₴12791
₴14775
₴8252
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.

-
-
-
42 000
surtax

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

-
-
-
597
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.

-
-
-
2 370
income

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

-
-
-
10 863
trade
-
-
-
3 712
total
-
-
-
17 542
Employee

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

17 264
-
42 000
-
income

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

1 420
-
10 863
-
surtax

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

78
-
597
-
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.

2 370
-
2 370
-
total
3 868
-
13 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 736
42 000
-
-
trade
3 550
6 027
-
-
income
3 710
6 300
-
-
chamber of commerce
89
115
-
-
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.

204
346
-
-
total
7 553
12 788
-
-
Dividends
17 183
29 212
-
-
withholding
4 164
7 171
-
-
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.

229
394
-
-
total
4 393
7 565
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 814
20 353
13 830
17 542
After tax
26 186
21 647
28 170
24 458
Living cost
13 395
13 395
13 395
13 395
Free-cash
12 791
8 252
14 775
11 063

Estimated living cost  is ₴13395 per week

₴9240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴194
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.
₴2519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
₴13587
₴14544
₴17661
₴10706
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.

-
-
-
42 000
surtax

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

-
-
-
597
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.

-
-
-
2 370
income

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

-
-
-
10 863
trade
-
-
-
4 074
total
-
-
-
17 904
Employee

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

13 271
-
42 000
-
income

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

371
-
10 863
-
surtax

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

20
-
597
-
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.

2 370
-
2 370
-
total
2 761
-
13 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 729
42 000
-
-
trade
4 525
6 615
-
-
income
4 309
6 300
-
-
chamber of commerce
94
113
-
-
surtax

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

237
346
-
-
total
9 165
13 374
-
-
Dividends
19 564
28 625
-
-
withholding
4 759
7 024
-
-
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.

262
387
-
-
total
5 021
7 411
-
-
Income
42 000
42 000
42 000
42 000
Total tax
16 947
20 785
13 830
17 904
After tax
25 053
21 215
28 170
24 096
Living cost
10 509
10 509
10 509
10 509
Free-cash
14 544
10 706
17 661
13 587

Estimated living cost  is ₴10509 per week

₴6611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1225
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.
₴2477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
₴10285
₴12244
₴14540
₴7368
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.

-
-
-
42 000
surtax

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

-
-
-
597
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.

-
-
-
2 370
income

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

-
-
-
10 863
trade
-
-
-
4 255
total
-
-
-
18 085
Employee

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

17 595
-
42 000
-
income

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

1 512
-
10 863
-
surtax

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

83
-
597
-
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.

2 370
-
2 370
-
total
3 965
-
13 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 405
42 000
-
-
trade
4 014
6 909
-
-
income
3 661
6 300
-
-
chamber of commerce
88
113
-
-
surtax

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

201
346
-
-
total
7 964
13 668
-
-
Dividends
16 440
28 332
-
-
withholding
3 978
6 951
-
-
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.

219
383
-
-
total
4 197
7 334
-
-
Income
42 000
42 000
42 000
42 000
Total tax
16 126
21 002
13 830
18 085
After tax
25 874
20 998
28 170
23 915
Living cost
13 630
13 630
13 630
13 630
Free-cash
12 244
7 368
14 540
10 285

Estimated living cost  is ₴13630 per week

₴9116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1437
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.
₴2873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
₴7838
₴10516
₴12275
₴4887
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.

-
-
-
42 000
surtax

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

-
-
-
597
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.

-
-
-
2 370
income

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

-
-
-
10 863
trade
-
-
-
4 437
total
-
-
-
18 267
Employee

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

20 852
-
42 000
-
income

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

2 452
-
10 863
-
surtax

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

135
-
597
-
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.

2 370
-
2 370
-
total
4 957
-
13 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 148
42 000
-
-
trade
3 627
7 203
-
-
income
3 172
6 300
-
-
chamber of commerce
82
112
-
-
surtax

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

174
346
-
-
total
7 055
13 961
-
-
Dividends
14 092
28 039
-
-
withholding
3 391
6 878
-
-
surtax

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

186
379
-
-
total
3 577
7 257
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 589
21 218
13 830
18 267
After tax
26 411
20 782
28 170
23 733
Living cost
15 895
15 895
15 895
15 895
Free-cash
10 516
4 887
12 275
7 838

Estimated living cost  is ₴15895 per week

₴11609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1271
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.
₴2808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
₴12688
₴17522
₴11995
₴18625
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
-
-
-
42 000
surtax
-
-
-
1 188
unemployment
-
-
-
79
health
-
-
-
2 982
pensions
-
-
-
8 400
income
-
-
-
8 870
other
-
-
-
-
total
-
-
-
21 519
Employee
11 685
-
34 697
-
unemployment
813
-
2 415
-
other
-
-
-
-
income
1 959
-
8 215
-
surtax
41
-
1 079
-
pensions
780
-
2 314
-
health
298
-
885
-
total
3 891
-
14 908
-
Employer
11 685
-
34 697
-
pensions
1 558
-
4 625
-
other
-
-
-
-
health
531
-
1 579
-
unemployment
371
-
1 100
-
total
2 460
-
7 304
-
Corporate
27 855
42 000
-
-
income
7 242
10 920
-
-
total
7 242
10 920
-
-
Dividends
20 613
31 080
-
-
withholding
3 092
4 662
-
-
total
3 092
4 662
-
-
Income
42 000
42 000
42 000
42 000
Total tax
16 685
15 582
22 212
21 519
After tax
25 315
26 418
19 788
20 481
Living cost
7 793
7 793
7 793
7 793
Free-cash
17 522
18 625
11 995
12 688

Estimated living cost  is ₴7793 per week

₴4705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴678
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.
₴2230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴12825
₴17682
₴12132
₴18762
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
-
-
-
42 000
surtax
-
-
-
1 188
unemployment
-
-
-
79
health
-
-
-
2 982
pensions
-
-
-
8 400
income
-
-
-
8 870
other
-
-
-
-
total
-
-
-
21 519
Employee
11 474
-
34 697
-
unemployment
799
-
2 415
-
other
-
-
-
-
income
1 923
-
8 215
-
surtax
38
-
1 079
-
pensions
765
-
2 314
-
health
293
-
885
-
total
3 818
-
14 908
-
Employer
11 474
-
34 697
-
pensions
1 530
-
4 625
-
other
-
-
-
-
health
522
-
1 579
-
unemployment
363
-
1 100
-
total
2 415
-
7 304
-
Corporate
28 111
42 000
-
-
income
7 309
10 920
-
-
total
7 309
10 920
-
-
Dividends
20 802
31 080
-
-
withholding
3 120
4 662
-
-
total
3 120
4 662
-
-
Income
42 000
42 000
42 000
42 000
Total tax
16 662
15 582
22 212
21 519
After tax
25 338
26 418
19 788
20 481
Living cost
7 656
7 656
7 656
7 656
Free-cash
17 682
18 762
12 132
12 825

Estimated living cost  is ₴7656 per week

₴4681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴707
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.
₴2092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴22193
₴16887
₴17444
₴16743
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
-
-
-
42 000
unemployment
-
-
-
630
health
-
-
-
2 940
pensions
-
-
-
4 200
income
-
-
-
5 134
total
-
-
-
12 904
Employee

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

The minimum wage is 138,000 HUF per month.

9 965
3 966
35 146
-
unemployment
149
59
527
-
income
1 218
485
4 297
-
pensions
996
397
3 515
-
health
698
278
2 460
-
total
3 061
1 219
10 799
-
Employer

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

The minimum wage is 138,000 HUF per month.

9 965
3 966
35 146
-
pensions
1 943
773
6 854
-
total
1 943
773
6 854
-
Corporate
30 092
37 261
-
-
income
2 708
3 353
-
-
total
2 708
3 353
-
-
Dividends
27 384
33 907
-
-
withholding
5 203
6 442
-
-
social contributions
5 295
6 567
-
-
total
10 498
13 009
-
-
Income
42 000
42 000
42 000
42 000
Total tax
18 210
18 354
17 653
12 904
After tax
23 790
23 646
24 347
29 096
Living cost
6 903
6 903
6 903
6 903
Free-cash
16 887
16 743
17 444
22 193

Estimated living cost  is ₴6903 per week

₴4711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴138
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.
₴1490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₴8310
₴9169
₴8640
₴9447
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
-
-
-
42 000
national
-
-
-
6 952
pensions
-
-
-
5 040
social contributions
-
-
-
451
municipal
-
-
-
4 486
total
-
-
-
16 929
Employee
25 983
-
36 309
-
municipal
3 209
-
4 649
-
national
4 973
-
7 203
-
pensions
1 039
-
1 452
-
total
9 221
-
13 304
-
Employer
25 983
-
36 309
-
pensions
2 079
-
2 905
-
social contributions
279
-
390
-
total
2 358
-
3 295
-
Corporate
11 945
42 000
-
-
income

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

2 389
8 400
-
-
total
2 389
8 400
-
-
Dividends
9 556
33 600
-
-
withholding
2 102
7 392
-
-
total
2 102
7 392
-
-
Income
42 000
42 000
42 000
42 000
Total tax
16 070
15 792
16 599
16 929
After tax
25 930
26 208
25 401
25 071
Living cost
16 761
16 761
16 761
16 761
Free-cash
9 169
9 447
8 640
8 310

Estimated living cost  is ₴16761 per week

₴11392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
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.
₴3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
₴7281
₴10402
₴7281
₴9635
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
-
-
-
42 000
social contributions
-
-
-
3 889
income
-
-
-
11 065
total
-
-
-
14 954
Employee
27 141
-
42 000
-
social contributions
2 255
-
3 889
-
income
5 121
-
11 065
-
total
7 376
-
14 954
-
Employer
27 141
-
42 000
-
total
-
-
-
-
Corporate
14 859
42 000
-
-
income
1 857
5 250
-
-
total
1 857
5 250
-
-
Dividends
13 002
36 750
-
-
withholding
2 600
7 350
-
-
total
2 600
7 350
-
-
Income
42 000
42 000
42 000
42 000
Total tax
11 833
12 600
14 954
14 954
After tax
30 167
29 400
27 046
27 046
Living cost
19 765
19 765
19 765
19 765
Free-cash
10 402
9 635
7 281
7 281

Estimated living cost  is ₴19765 per week

₴15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
₴6399
₴5957
₴4400
₴7767
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
-
-
-
42 000
national
-
-
-
9 432
regional
-
-
-
476
social contributions
-
-
-
10 802
municipal
-
-
-
250
total
-
-
-
20 960
Employee
30 836
-
42 000
-
municipal
163
-
223
-
national
5 343
-
8 155
-
social contributions
10 398
-
14 162
-
regional
291
-
419
-
total
16 195
-
22 959
-
Employer
30 836
-
42 000
-
total
-
-
-
-
Corporate
11 164
42 000
-
-
nationa
2 679
10 080
-
-
municipal
435
1 638
-
-
total
3 114
11 718
-
-
Dividends
8 049
30 282
-
-
withholding
2 093
7 874
-
-
total
2 093
7 874
-
-
Income
42 000
42 000
42 000
42 000
Total tax
21 402
19 592
22 959
20 960
After tax
20 598
22 408
19 041
21 040
Living cost
14 641
14 641
14 641
14 641
Free-cash
5 957
7 767
4 400
6 399

Estimated living cost  is ₴14641 per week

₴10206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴11536
₴11959
₴9548
₴12730
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
-
-
-
42 000
national
-
-
-
9 432
regional
-
-
-
633
social contributions
-
-
-
10 802
municipal
-
-
-
250
total
-
-
-
21 117
Employee
19 247
-
42 000
-
municipal
102
-
223
-
national
3 049
-
8 155
-
social contributions
6 490
-
14 162
-
regional
259
-
565
-
total
9 900
-
23 105
-
Employer
19 247
-
42 000
-
total
-
-
-
-
Corporate
22 753
42 000
-
-
nationa
5 461
10 080
-
-
municipal
1 131
2 087
-
-
total
6 592
12 167