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
₴ 42500
per

Your estimated
City
free-cash

Andorra , Andorra
₴21522
₴26669
₴22651
₴27833
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
-
-
-
42 500
social contributions
-
-
-
9 350
income
-
-
-
1 211
total
-
-
-
10 561
Employee
11 141
-
36 796
-
social contributions
724
-
2 392
-
income
-
-
1 336
-
total
724
-
3 728
-
Employer
11 141
-
36 796
-
social contributions
1 727
-
5 704
-
total
1 727
-
5 704
-
Corporate
29 632
42 500
-
-
income
2 963
4 250
-
-
total
2 963
4 250
-
-
Dividends
26 669
38 250
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
5 414
4 250
9 432
10 561
After tax
37 086
38 250
33 068
31 939
Living cost
10 417
10 417
10 417
10 417
Free-cash
26 669
27 833
22 651
21 522

Estimated living cost  is ₴10417 per week

₴6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
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.
₴2700
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
₴10194
₴12504
₴838
₴12673
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
-
-
-
42 500
surtax
-
-
-
-
unemployment
-
-
-
2 125
health
-
-
-
3 097
chamber of commerce
-
-
-
170
pensions
-
-
-
7 490
income
-
-
-
8 368
total
-
-
-
21 250
Employee
15 148
13 810
33 001
-
unemployment
454
414
990
-
other
151
138
330
-
income
1 349
1 019
7 208
-
pensions
1 551
1 414
3 380
-
health
586
535
1 277
-
total
4 091
3 520
13 185
-
Employer
15 148
13 810
33 001
-
pensions
1 901
1 734
4 142
-
surtax
-
-
-
-
payroll
454
414
990
-
other
719
656
1 568
-
health
573
522
1 248
-
accident
197
180
429
-
unemployment
454
414
990
-
chamber of commerce
61
55
132
-
total
4 359
3 975
9 499
-
Corporate
22 992
24 715
31 687
-
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.

5 748
6 179
7 922
-
total
5 748
6 179
7 922
-
Dividends
17 244
18 536
-
-
withholding
4 742
5 097
-
-
total
4 742
5 097
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 940
18 771
30 606
21 250
After tax
23 560
23 729
11 894
21 250
Living cost
11 056
11 056
11 056
11 056
Free-cash
12 504
12 673
838
10 194

Estimated living cost  is ₴11056 per week

₴6632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3097
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
₴8971
₴10944
-₴325
₴11481
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
-
-
-
42 500
surtax
-
-
-
68
unemployment
-
-
-
2 125
health
-
-
-
3 097
chamber of commerce
-
-
-
170
pensions
-
-
-
7 490
income
-
-
-
8 368
total
-
-
-
21 318
Employee
17 319
13 810
32 949
-
unemployment
520
414
988
-
other
173
138
329
-
income
1 972
1 019
7 189
-
pensions
1 774
1 414
3 374
-
health
670
535
1 275
-
total
5 109
3 520
13 155
-
Employer
17 319
13 810
32 949
-
pensions
2 173
1 734
4 135
-
surtax
68
68
68
-
payroll
520
414
988
-
other
823
656
1 565
-
health
654
522
1 246
-
accident
225
180
428
-
unemployment
520
414
988
-
chamber of commerce
69
55
132
-
total
5 052
4 043
9 550
-
Corporate
20 130
24 647
31 634
-
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.

5 032
6 162
7 909
-
total
5 032
6 162
7 909
-
Dividends
15 097
18 485
-
-
withholding
4 152
5 083
-
-
total
4 152
5 083
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 345
18 808
30 614
21 318
After tax
23 155
23 692
11 886
21 182
Living cost
12 211
12 211
12 211
12 211
Free-cash
10 944
11 481
-325
8 971

Estimated living cost  is ₴12211 per week

₴8144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1042
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.
₴2825
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
₴6490
₴5975
₴3362
₴11172
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
-
-
-
42 500
national
-
-
-
14 453
communal

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

-
-
-
2 143
social contributions
-
-
-
6 779
total
-
-
-
23 375
Employee

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

24 788
-
32 918
-
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
-
286
-
national
7 621
-
10 901
-
communal

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

1 293
-
1 717
-
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.

1 859
-
2 469
-
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.

1 165
-
1 547
-
total
12 154
-
16 920
-
Employer

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

24 788
-
32 918
-
surtax
2 811
-
3 733
-
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.

2 196
-
2 917
-
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.

1 524
-
2 024
-
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.

322
-
428
-
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
-
481
-
total
7 215
-
9 583
-
Corporate
10 496
42 500
-
-
income
2 099
8 500
-
-
surtax
42
170
-
-
total
2 141
8 670
-
-
Dividends
8 355
33 830
-
-
withholding

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

2 380
10 023
-
-
total
2 380
10 023
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 890
18 693
26 503
23 375
After tax
18 610
23 807
15 997
19 125
Living cost
12 635
12 635
12 635
12 635
Free-cash
5 975
11 172
3 362
6 490

Estimated living cost  is ₴12635 per week

₴8139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1105
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.
₴3194
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
₴26933
₴28265
₴28398
₴30377
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
-
-
-
42 500
unemployment
-
-
-
48
health
-
-
-
1 392
pensions

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

-
-
-
1 791
income
-
-
-
6 375
total
-
-
-
9 606
Employee
7 894
-
40 125
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
789
-
4 013
-
pensions

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

693
-
1 063
-
health
363
-
557
-
total
1 932
-
5 766
-
Employer
7 894
-
40 125
-
pensions

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

870
-
1 334
-
health
545
-
835
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
47
-
73
-
total
1 549
-
2 375
-
Corporate
33 058
42 500
-
-
income
3 306
4 250
-
-
total
3 306
4 250
-
-
Dividends
29 752
38 250
-
-
withholding
1 487
1 912
-
-
total
1 487
1 912
-
-
Income
42 500
42 500
42 500
42 500
Total tax
8 274
6 162
8 141
9 606
After tax
34 226
36 338
34 359
32 894
Living cost
5 961
5 961
5 961
5 961
Free-cash
28 265
30 377
28 398
26 933

Estimated living cost  is ₴5961 per week

₴3943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴341
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.
₴1535
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
₴28351
₴30185
₴29816
₴31795
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
-
-
-
42 500
unemployment
-
-
-
48
health
-
-
-
1 392
pensions

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

-
-
-
1 791
income
-
-
-
6 375
total
-
-
-
9 606
Employee
6 016
-
40 125
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
602
-
4 013
-
pensions

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

528
-
1 063
-
health
277
-
557
-
total
1 473
-
5 766
-
Employer
6 016
-
40 125
-
pensions

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

663
-
1 334
-
health
415
-
835
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
73
-
total
1 180
-
2 375
-
Corporate
35 303
42 500
-
-
income
3 530
4 250
-
-
total
3 530
4 250
-
-
Dividends
31 773
38 250
-
-
withholding
1 589
1 912
-
-
total
1 589
1 912
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 772
6 162
8 141
9 606
After tax
34 728
36 338
34 359
32 894
Living cost
4 543
4 543
4 543
4 543
Free-cash
30 185
31 795
29 816
28 351

Estimated living cost  is ₴4543 per week

₴2653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
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.
₴1446
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
₴21771
₴21158
₴21315
₴23041
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
-
-
-
42 500
health
-
-
-
1 084
social contributions
-
-
-
5 607
income
-
-
-
6 015
total
-
-
-
12 706
Employee
26 647
26 647
38 800
-
income
2 901
2 467
5 819
-
social contributions
1 007
2 212
2 983
-
health
206
453
660
-
total
4 114
5 132
9 462
-
Employer
26 647
26 647
38 800
-
social contributions
1 007
2 212
2 983
-
health
224
493
717
-
total
1 231
2 705
3 700
-
Corporate
29 129
13 148
-
-
income
3 641
1 643
-
-
total
3 641
1 643
-
-
Dividends
25 488
11 504
-
-
withholding
4 333
1 956
-
-
total
4 333
1 956
-
-
Income
42 500
42 500
42 500
42 500
Total tax
13 319
11 436
13 162
12 706
After tax
29 181
31 064
29 338
29 794
Living cost
8 023
8 023
8 023
8 023
Free-cash
21 158
23 041
21 315
21 771

Estimated living cost  is ₴8023 per week

₴4809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴787
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.
₴2250
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
₴18554
₴18387
₴18098
₴19824
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
-
-
-
42 500
health
-
-
-
1 084
social contributions
-
-
-
5 607
income
-
-
-
6 015
total
-
-
-
12 706
Employee
26 647
26 647
38 800
-
income
2 798
2 467
5 819
-
social contributions
1 295
2 212
2 983
-
health
265
453
660
-
total
4 358
5 132
9 462
-
Employer
26 647
26 647
38 800
-
social contributions
1 295
2 212
2 983
-
health
289
493
717
-
total
1 584
2 705
3 700
-
Corporate
25 318
13 148
-
-
income
3 165
1 643
-
-
total
3 165
1 643
-
-
Dividends
22 154
11 504
-
-
withholding
3 766
1 956
-
-
total
3 766
1 956
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 873
11 436
13 162
12 706
After tax
29 627
31 064
29 338
29 794
Living cost
11 240
11 240
11 240
11 240
Free-cash
18 387
19 824
18 098
18 554

Estimated living cost  is ₴11240 per week

₴7684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴878
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.
₴2490
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
₴13379
₴18357
₴13530
₴21224
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
-
-
-
42 500
health
-
-
-
5 738
social contributions
-
-
-
11 566
income
-
-
-
3 780
solidarity contribution
-
-
-
-
total
-
-
-
21 084
Employee
11 820
-
31 716
-
income
1 418
-
3 806
-
social contributions
768
-
2 062
-
health
1 596
-
4 282
-
solidarity contribution
-
-
-
-
total
3 782
-
10 150
-
Employer
11 820
-
31 716
-
social contributions
2 955
-
7 929
-
health
1 064
-
2 854
-
total
4 019
-
10 783
-
Corporate
26 661
42 500
-
-
income
5 066
8 075
-
-
total
5 066
8 075
-
-
Dividends
21 596
34 425
-
-
withholding
3 239
5 164
-
-
total
3 239
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 106
13 239
20 933
21 084
After tax
26 394
29 261
21 567
21 416
Living cost
8 037
8 037
8 037
8 037
Free-cash
18 357
21 224
13 530
13 379

Estimated living cost  is ₴8037 per week

₴5583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1725
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
₴11512
₴15824
₴11663
₴19357
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
-
-
-
42 500
health
-
-
-
5 738
social contributions
-
-
-
11 566
income
-
-
-
3 780
solidarity contribution
-
-
-
-
total
-
-
-
21 084
Employee
14 565
-
31 716
-
income
1 748
-
3 806
-
social contributions
947
-
2 062
-
health
1 966
-
4 282
-
solidarity contribution
-
-
-
-
total
4 661
-
10 150
-
Employer
14 565
-
31 716
-
social contributions
3 641
-
7 929
-
health
1 311
-
2 854
-
total
4 952
-
10 783
-
Corporate
22 983
42 500
-
-
income
4 367
8 075
-
-
total
4 367
8 075
-
-
Dividends
18 616
34 425
-
-
withholding
2 792
5 164
-
-
total
2 792
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 772
13 239
20 933
21 084
After tax
25 728
29 261
21 567
21 416
Living cost
9 904
9 904
9 904
9 904
Free-cash
15 824
19 357
11 663
11 512

Estimated living cost  is ₴9904 per week

₴7365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1819
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
₴9163
-₴33224
-₴33224
-₴33224
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
-
-
-
42 500
national
-
-
-
4 625
pensions
-
-
-
301
municipal
-
-
-
8 297
labour market
-
-
-
3 376
total
-
-
-
16 599
Employee
70 648
70 648
70 648
-
municipal
15 044
15 044
15 044
-
national
8 631
8 631
8 631
-
pensions
100
100
100
-
labour market
5 644
5 644
5 644
-
total
29 419
29 419
29 419
-
Employer
70 648
70 648
70 648
-
pensions
201
201
201
-
labour market
5 652
5 652
5 652
-
municipal
15 068
15 068
15 068
-
national
8 646
8 646
8 646
-
total
29 567
29 567
29 567
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
58 986
58 986
58 986
16 599
After tax
-16 486
-16 486
-16 486
25 901
Living cost
16 738
16 738
16 738
16 738
Free-cash
-33 224
-33 224
-33 224
9 163

Estimated living cost  is ₴16738 per week

₴11456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3544
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
₴14410
₴23477
₴16127
₴25630
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
-
-
-
42 500
health
-
-
-
5 525
pensions
-
-
-
8 500
income
-
-
-
5 695
total
-
-
-
19 720
Employee
9 831
-
31 764
-
unemployment
157
-
508
-
income
1 107
-
6 124
-
pensions
197
-
635
-
total
1 461
-
7 267
-
Employer
9 831
-
31 764
-
pensions
1 966
-
6 353
-
health
1 278
-
4 129
-
unemployment
79
-
254
-
total
3 323
-
10 736
-
Corporate
29 346
42 500
-
-
income
5 869
8 500
-
-
total
5 869
8 500
-
-
Dividends
23 477
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 653
8 500
18 003
19 720
After tax
31 847
34 000
24 497
22 780
Living cost
8 370
8 370
8 370
8 370
Free-cash
23 477
25 630
16 127
14 410

Estimated living cost  is ₴8370 per week

₴5741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1962
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
₴15996
₴14360
₴10167
₴14354
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

-
-
-
42 500
national
-
-
-
5 131
health
-
-
-
510
municipal
-
-
-
7 558
total
-
-
-
13 199
Employee
18 232
-
35 753
-
unemployment
274
-
537
-
municipal
2 986
-
5 832
-
national
301
-
3 093
-
pensions
1 230
-
2 413
-
health
136
-
406
-
total
4 927
-
12 281
-
Employer
18 232
-
35 753
-
pensions
3 163
-
6 203
-
health
140
-
276
-
accident
18
-
36
-
unemployment
118
-
232
-
total
3 439
-
6 747
-
Corporate
20 828
42 500
-
-
income
4 165
8 500
-
-
total
4 165
8 500
-
-
Dividends

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

12 497
25 500
-
-
municipal
2 249
4 590
-
-
national
55
1 751
-
-
total
2 304
6 341
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 835
14 841
19 028
13 199
After tax
27 665
27 659
23 472
29 301
Living cost
13 305
13 305
13 305
13 305
Free-cash
14 360
14 354
10 167
15 996

Estimated living cost  is ₴13305 per week

₴8691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1280
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.
₴3123
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
₴13568
₴12664
₴14739
₴10737
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
-
-
-
42 500
surtax
-
-
-
-
health
-
-
-
1 218
pensions
-
-
-
9 346
social contributions
-
-
-
1 211
income
-
-
-
5 158
other
-
-
-
1 317
total
-
-
-
18 250
Employee
13 239
-
33 939
-
income
683
-
5 640
-
surtax
-
-
-
-
social contributions
377
-
967
-
pensions
1 497
-
1 913
-
total
2 557
-
8 520
-
Employer
13 239
-
33 939
-
pensions
2 175
-
3 301
-
social contributions
39
-
102
-
other
457
-
1 171
-
health
927
-
2 611
-
unemployment
536
-
1 374
-
total
4 134
-
8 559
-
Corporate
25 126
42 500
-
-
income
7 035
11 900
-
-
surtax
-
-
-
-
total
7 035
11 900
-
-
Dividends
18 091
30 600
-
-
withholding
2 316
3 917
-
-
social contributions
3 112
5 264
-
-
surtax
-
-
-
-
total
5 428
9 181
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 154
21 081
17 079
18 250
After tax
23 346
21 419
25 421
24 250
Living cost
10 682
10 682
10 682
10 682
Free-cash
12 664
10 737
14 739
13 568

Estimated living cost  is ₴10682 per week

₴6195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
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.
₴3199
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
₴12394
₴11611
₴13565
₴9563
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
-
-
-
42 500
surtax
-
-
-
-
health
-
-
-
1 218
pensions
-
-
-
9 346
social contributions
-
-
-
1 211
income
-
-
-
5 158
other
-
-
-
1 317
total
-
-
-
18 250
Employee
14 831
-
33 939
-
income
875
-
5 640
-
surtax
-
-
-
-
social contributions
423
-
967
-
pensions
1 677
-
1 913
-
total
2 975
-
8 520
-
Employer
14 831
-
33 939
-
pensions
2 437
-
3 301
-
social contributions
45
-
102
-
other
512
-
1 171
-
health
1 038
-
2 611
-
unemployment
600
-
1 374
-
total
4 632
-
8 559
-
Corporate
23 037
42 500
-
-
income
6 450
11 900
-
-
surtax
-
-
-
-
total
6 450
11 900
-
-
Dividends
16 587
30 600
-
-
withholding
2 123
3 917
-
-
social contributions
2 853
5 264
-
-
surtax
-
-
-
-
total
4 976
9 181
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 033
21 081
17 079
18 250
After tax
23 467
21 419
25 421
24 250
Living cost
11 856
11 856
11 856
11 856
Free-cash
11 611
9 563
13 565
12 394

Estimated living cost  is ₴11856 per week

₴7476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
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.
₴3215
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
₴7513
₴7064
₴8683
₴4681
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
-
-
-
42 500
surtax
-
-
-
-
health
-
-
-
1 218
pensions
-
-
-
9 346
social contributions
-
-
-
1 211
income
-
-
-
5 158
other
-
-
-
1 317
total
-
-
-
18 250
Employee
21 705
-
33 939
-
income
1 894
-
5 640
-
surtax
-
-
-
-
social contributions
618
-
967
-
pensions
2 455
-
1 913
-
total
4 967
-
8 520
-
Employer
21 705
-
33 939
-
pensions
3 566
-
3 301
-
social contributions
65
-
102
-
other
749
-
1 171
-
health
1 519
-
2 611
-
unemployment
879
-
1 374
-
total
6 778
-
8 559
-
Corporate
14 017
42 500
-
-
income
3 925
11 900
-
-
surtax
-
-
-
-
total
3 925
11 900
-
-
Dividends
10 092
30 600
-
-
withholding
1 292
3 917
-
-
social contributions
1 736
5 264
-
-
surtax
-
-
-
-
total
3 028
9 181
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 698
21 081
17 079
18 250
After tax
23 802
21 419
25 421
24 250
Living cost
16 738
16 738
16 738
16 738
Free-cash
7 064
4 681
8 683
7 513

Estimated living cost  is ₴16738 per week

₴11328
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.
₴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.
₴3811
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
₴39854
₴37738
₴31779
₴38154
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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
2 776
-
42 500
-
income
555
-
8 500
-
total
555
-
8 500
-
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%.

39 724
42 500
-
-
total
-
-
-
-
Dividends
39 724
42 500
-
-
withholding
1 986
2 125
-
-
total
1 986
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
2 541
2 125
8 500
425
After tax
39 959
40 375
34 000
42 075
Living cost
2 221
2 221
2 221
2 221
Free-cash
37 738
38 154
31 779
39 854

Estimated living cost  is ₴2221 per week

₴1376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴599
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
₴38614
₴36265
₴30539
₴36914
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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
4 326
-
42 500
-
income
865
-
8 500
-
total
865
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

38 174
42 500
-
-
total
-
-
-
-
Dividends
38 174
42 500
-
-
withholding
1 909
2 125
-
-
total
1 909
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
2 774
2 125
8 500
425
After tax
39 726
40 375
34 000
42 075
Living cost
3 461
3 461
3 461
3 461
Free-cash
36 265
36 914
30 539
38 614

Estimated living cost  is ₴3461 per week

₴2342
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.
₴857
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
₴11276
₴13059
₴15063
₴8524
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.

-
-
-
42 500
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.

-
-
-
610
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.

-
-
-
2 367
income

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

-
-
-
11 081
trade
-
-
-
3 787
total
-
-
-
17 845
Employee

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

17 243
-
42 500
-
income

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

1 418
-
11 081
-
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
-
610
-
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.

2 367
-
2 367
-
total
3 863
-
14 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 257
42 500
-
-
trade
3 624
6 099
-
-
income
3 789
6 375
-
-
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.

208
351
-
-
total
7 710
12 940
-
-
Dividends
17 547
29 561
-
-
withholding
4 255
7 258
-
-
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.

234
399
-
-
total
4 489
7 657
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 062
20 597
14 058
17 845
After tax
26 438
21 903
28 442
24 655
Living cost
13 379
13 379
13 379
13 379
Free-cash
13 059
8 524
15 063
11 276

Estimated living cost  is ₴13379 per week

₴9229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2516
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
₴13790
₴14805
₴17946
₴10969
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.

-
-
-
42 500
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.

-
-
-
610
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.

-
-
-
2 367
income

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

-
-
-
11 081
trade
-
-
-
4 156
total
-
-
-
18 214
Employee

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

13 255
-
42 500
-
income

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

370
-
11 081
-
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
-
610
-
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.

2 367
-
2 367
-
total
2 757
-
14 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 245
42 500
-
-
trade
4 606
6 694
-
-
income
4 387
6 375
-
-
chamber of commerce
95
114
-
-
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.

241
351
-
-
total
9 329
13 534
-
-
Dividends
19 916
28 967
-
-
withholding
4 847
7 110
-
-
surtax

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

266
391
-
-
total
5 113
7 501
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 199
21 035
14 058
18 214
After tax
25 301
21 465
28 442
24 286
Living cost
10 496
10 496
10 496
10 496
Free-cash
14 805
10 969
17 946
13 790

Estimated living cost  is ₴10496 per week

₴6603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1224
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.
₴2474
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
₴10487
₴12502
₴14828
₴7633
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.

-
-
-
42 500
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.

-
-
-
610
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.

-
-
-
2 367
income

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

-
-
-
11 081
trade
-
-
-
4 341
total
-
-
-
18 399
Employee

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

17 574
-
42 500
-
income

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

1 510
-
11 081
-
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
-
610
-
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.

2 367
-
2 367
-
total
3 960
-
14 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 926
42 500
-
-
trade
4 100
6 991
-
-
income
3 739
6 375
-
-
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.

206
351
-
-
total
8 133
13 830
-
-
Dividends
16 793
28 670
-
-
withholding
4 067
7 036
-
-
surtax

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

224
387
-
-
total
4 291
7 423
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 384
21 253
14 058
18 399
After tax
26 116
21 247
28 442
24 101
Living cost
13 614
13 614
13 614
13 614
Free-cash
12 502
7 633
14 828
10 487

Estimated living cost  is ₴13614 per week

₴9105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1436
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.
₴2870
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
₴8041
₴10773
₴12567
₴5154
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.

-
-
-
42 500
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.

-
-
-
610
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.

-
-
-
2 367
income

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

-
-
-
11 081
trade
-
-
-
4 526
total
-
-
-
18 584
Employee

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

20 827
-
42 500
-
income

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

2 449
-
11 081
-
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
-
610
-
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.

2 367
-
2 367
-
total
4 951
-
14 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 673
42 500
-
-
trade
3 717
7 288
-
-
income
3 251
6 375
-
-
chamber of commerce
83
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.

179
351
-
-
total
7 230
14 126
-
-
Dividends
14 444
28 373
-
-
withholding
3 480
6 962
-
-
surtax

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

191
383
-
-
total
3 671
7 345
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 852
21 471
14 058
18 584
After tax
26 648
21 029
28 442
23 916
Living cost
15 875
15 875
15 875
15 875
Free-cash
10 773
5 154
12 567
8 041

Estimated living cost  is ₴15875 per week

₴11595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2805
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
₴12863
₴17847
₴12162
₴18949
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
-
-
-
42 500
surtax
-
-
-
1 217
unemployment
-
-
-
79
health
-
-
-
3 017
pensions
-
-
-
8 500
income
-
-
-
9 040
other
-
-
-
-
total
-
-
-
21 853
Employee
11 670
-
35 110
-
unemployment
812
-
2 444
-
other
-
-
-
-
income
1 956
-
8 376
-
surtax
41
-
1 106
-
pensions
779
-
2 342
-
health
298
-
896
-
total
3 886
-
15 164
-
Employer
11 670
-
35 110
-
pensions
1 556
-
4 680
-
other
-
-
-
-
health
531
-
1 597
-
unemployment
370
-
1 113
-
total
2 457
-
7 390
-
Corporate
28 373
42 500
-
-
income
7 377
11 050
-
-
total
7 377
11 050
-
-
Dividends
20 996
31 450
-
-
withholding
3 149
4 717
-
-
total
3 149
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 869
15 767
22 554
21 853
After tax
25 631
26 733
19 946
20 647
Living cost
7 784
7 784
7 784
7 784
Free-cash
17 847
18 949
12 162
12 863

Estimated living cost  is ₴7784 per week

₴4699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴677
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.
₴2227
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
₴13000
₴18007
₴12299
₴19086
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
-
-
-
42 500
surtax
-
-
-
1 217
unemployment
-
-
-
79
health
-
-
-
3 017
pensions
-
-
-
8 500
income
-
-
-
9 040
other
-
-
-
-
total
-
-
-
21 853
Employee
11 460
-
35 110
-
unemployment
798
-
2 444
-
other
-
-
-
-
income
1 921
-
8 376
-
surtax
37
-
1 106
-
pensions
764
-
2 342
-
health
293
-
896
-
total
3 813
-
15 164
-
Employer
11 460
-
35 110
-
pensions
1 528
-
4 680
-
other
-
-
-
-
health
521
-
1 597
-
unemployment
363
-
1 113
-
total
2 412
-
7 390
-
Corporate
28 628
42 500
-
-
income
7 443
11 050
-
-
total
7 443
11 050
-
-
Dividends
21 185
31 450
-
-
withholding
3 178
4 717
-
-
total
3 178
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 846
15 767
22 554
21 853
After tax
25 654
26 733
19 946
20 647
Living cost
7 647
7 647
7 647
7 647
Free-cash
18 007
19 086
12 299
13 000

Estimated living cost  is ₴7647 per week

₴4676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴706
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.
₴2089
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
₴22544
₴17171
₴17740
₴17029
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
-
-
-
42 500
unemployment
-
-
-
637
health
-
-
-
2 975
pensions
-
-
-
4 250
income
-
-
-
5 196
total
-
-
-
13 058
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.

9 957
3 963
35 565
-
unemployment
149
59
533
-
income
1 217
484
4 348
-
pensions
996
396
3 556
-
health
697
277
2 490
-
total
3 059
1 216
10 927
-
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.

9 957
3 963
35 565
-
pensions
1 942
773
6 935
-
total
1 942
773
6 935
-
Corporate
30 601
37 764
-
-
income
2 754
3 399
-
-
total
2 754
3 399
-
-
Dividends
27 847
34 366
-
-
withholding
5 291
6 529
-
-
social contributions
5 385
6 656
-
-
total
10 676
13 185
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 431
18 573
17 862
13 058
After tax
24 069
23 927
24 638
29 442
Living cost
6 898
6 898
6 898
6 898
Free-cash
17 171
17 029
17 740
22 544

Estimated living cost  is ₴6898 per week

₴4707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴564
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.
₴1488
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
₴8614
₴9501
₴8948
₴9779
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
-
-
-
42 500
national
-
-
-
7 043
pensions
-
-
-
5 100
social contributions
-
-
-
457
municipal
-
-
-
4 545
total
-
-
-
17 145
Employee
25 952
-
36 741
-
municipal
3 206
-
4 709
-
national
4 967
-
7 298
-
pensions
1 038
-
1 470
-
total
9 211
-
13 477
-
Employer
25 952
-
36 741
-
pensions
2 076
-
2 939
-
social contributions
279
-
395
-
total
2 355
-
3 334
-
Corporate
12 480
42 500
-
-
income

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

2 496
8 500
-
-
total
2 496
8 500
-
-
Dividends
9 984
34 000
-
-
withholding
2 196
7 480
-
-
total
2 196
7 480
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 258
15 980
16 811
17 145
After tax
26 242
26 520
25 689
25 355
Living cost
16 741
16 741
16 741
16 741
Free-cash
9 501
9 779
8 948
8 614

Estimated living cost  is ₴16741 per week

₴11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1556
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.
₴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

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
₴7542
₴10774
₴7542
₴10009
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
-
-
-
42 500
social contributions
-
-
-
3 945
income
-
-
-
11 272
total
-
-
-
15 217
Employee
27 107
-
42 500
-
social contributions
2 252
-
3 945
-
income
5 115
-
11 272
-
total
7 367
-
15 217
-
Employer
27 107
-
42 500
-
total
-
-
-
-
Corporate
15 393
42 500
-
-
income
1 924
5 312
-
-
total
1 924
5 312
-
-
Dividends
13 469
37 188
-
-
withholding
2 694
7 438
-
-
total
2 694
7 438
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 985
12 750
15 217
15 217
After tax
30 515
29 750
27 283
27 283
Living cost
19 741
19 741
19 741
19 741
Free-cash
10 774
10 009
7 542
7 542

Estimated living cost  is ₴19741 per week

₴15018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1609
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.
₴2925
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
₴6634
₴6243
₴4612
₴8053
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
-
-
-
42 500
national
-
-
-
9 576
regional
-
-
-
483
social contributions
-
-
-
10 931
municipal
-
-
-
253
total
-
-
-
21 243
Employee
30 798
-
42 500
-
municipal
163
-
226
-
national
5 337
-
8 284
-
social contributions
10 385
-
14 331
-
regional
291
-
424
-
total
16 176
-
23 265
-
Employer
30 798
-
42 500
-
total
-
-
-
-
Corporate
11 702
42 500
-
-
nationa
2 808
10 200
-
-
municipal
456
1 657
-
-
total
3 264
11 857
-
-
Dividends
8 437
30 643
-
-
withholding
2 194
7 967
-
-
total
2 194
7 967
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 634
19 824
23 265
21 243
After tax
20 866
22 676
19 235
21 257
Living cost
14 623
14 623
14 623
14 623
Free-cash
6 243
8 053
4 612
6 634

Estimated living cost  is ₴14623 per week

₴10193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
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.
₴3246
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
₴11764
₴12234
₴9752
₴13004
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
-
-
-
42 500
national
-
-
-
9 576
regional
-
-
-
641
social contributions
-
-
-
10 931
municipal
-
-
-
253
total
-
-
-
21 401
Employee
19 223
-
42 500
-
municipal
102
-
226
-
national
3 045
-
8 284
-
social contributions
6 482
-
14 331
-
regional
259
-
572
-
total
9 888
-
23 413
-
Employer
19 223
-
42 500
-
total
-
-
-
-
Corporate
23 277
42 500
-
-
nationa
5 587
10 200
-
-
municipal
1 157
2 112
-
-
total
6 744
12