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
₴ 44000
per

Your estimated
City
free-cash

Dresden , Germany
₴14405
₴18195
₴13997
₴9253
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.

-
-
-
44 000
trade
-
-
-
3 790
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.

-
-
-
2 930
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.

-
-
-
9 371
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.

-
-
-
515
total
-
-
-
16 606
Employee

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

16 401
-
44 000
-
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.

25
-
515
-
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.

458
-
9 371
-
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.

2 930
-
2 930
-
total
3 413
-
12 816
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 599
44 000
-
-
trade
4 347
6 930
-
-
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.

228
363
-
-
income
4 140
6 600
-
-
chamber of commerce
105
129
-
-
total
8 820
14 022
-
-
Dividends
18 779
29 979
-
-
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.

249
404
-
-
withholding
4 532
7 332
-
-
total
4 781
7 736
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 014
21 758
12 816
16 606
After tax
26 986
22 242
31 184
27 394
Living cost
12 989
12 989
12 989
12 989
Free-cash
13 997
9 253
18 195
14 405

Estimated living cost  is ₴12989 per week

₴8170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₴4888
₴5232
₴5462
₴5823
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
-
-
-
44 000
social contributions
-
-
-
473
municipal
-
-
-
4 599
national
-
-
-
7 127
pensions
-
-
-
5 280
total
-
-
-
17 479
Employee
33 535
-
38 038
-
pensions
1 341
-
1 522
-
national
6 419
-
7 391
-
municipal
4 142
-
4 770
-
total
11 902
-
13 683
-
Employer
33 535
-
38 038
-
pensions
2 683
-
3 043
-
social contributions
361
-
409
-
total
3 044
-
3 452
-
Corporate
5 208
44 000
-
-
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%.

1 042
8 800
-
-
total
1 042
8 800
-
-
Dividends
4 167
35 200
-
-
withholding
917
7 744
-
-
total
917
7 744
-
-
Income
44 000
44 000
44 000
44 000
Total tax
16 905
16 544
17 135
17 479
After tax
27 095
27 456
26 865
26 521
Living cost
21 633
21 633
21 633
21 633
Free-cash
5 462
5 823
5 232
4 888

Estimated living cost  is ₴21633 per week

₴14704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₴14555
₴15867
₴22760
₴26279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
44 000
social contributions

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

-
-
-
14 146
income
-
-
-
6 378
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
20 524
Employee
12 530
-
35 458
-
income
2 231
-
6 770
-
social contributions

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

1 379
-
3 900
-
surtax
-
-
-
-
total
3 610
-
10 670
-
Employer
12 530
-
35 458
-
social contributions

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

3 018
-
8 542
-
surtax
-
-
-
-
total
3 018
-
8 542
-
Corporate
28 451
44 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

5 691
8 800
-
-
total
5 691
8 800
-
-
Dividends

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

22 761
35 200
-
-
total
-
-
-
-
Income
44 000
44 000
44 000
44 000
Total tax
12 319
8 800
19 212
20 524
After tax
31 681
35 200
24 788
23 476
Living cost
8 921
8 921
8 921
8 921
Free-cash
22 760
26 279
15 867
14 555

Estimated living cost  is ₴8921 per week

₴5691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴850
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.
₴2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴7004
₴3634
₴724
₴3351
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
-
-
-
44 000
health
-
-
-
5 202
income
-
-
-
8 806
pensions
-
-
-
5 024
total
-
-
-
19 032
Employee
36 619
36 619
37 444
-
income

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

5 994
5 994
5 994
-
pensions
6 591
5 024
5 024
-
health
5 621
4 781
4 828
-
total
18 206
15 799
15 846
-
Employer
36 619
36 619
37 444
-
pensions
2 549
2 549
2 606
-
health
2 545
2 545
2 602
-
unemployment
1 318
1 318
1 348
-
total
6 412
6 412
6 556
-
Corporate
1 417
968
-
-
income
283
194
-
-
total
283
194
-
-
Dividends
1 134
775
-
-
withholding
170
116
-
-
income
241
164
-
-
total
411
280
-
-
Income
44 000
44 000
44 000
44 000
Total tax
25 312
22 685
22 402
19 032
After tax
18 688
21 315
21 598
24 968
Living cost
17 964
17 964
17 964
17 964
Free-cash
724
3 351
3 634
7 004

Estimated living cost  is ₴17964 per week

₴12731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴7043
₴7008
₴7165
₴7535
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
-
-
-
44 000
other
-
-
-
4 199
unemployment
-
-
-
36
accident
-
-
-
72
municipal
-
-
-
9 999
health
-
-
-
2 255
national
-
-
-
-
pensions
-
-
-
3 907
total
-
-
-
20 468
Employee
23 495
-
33 480
-
national
-
-
-
-
municipal
7 006
-
9 984
-
total
7 006
-
9 984
-
Employer
23 495
-
33 480
-
pensions
2 540
-
3 619
-
other
2 730
-
3 890
-
accident
47
-
67
-
health
1 445
-
2 059
-
unemployment
620
-
884
-
total
7 382
-
10 519
-
Corporate
13 122
44 000
-
-
income
2 887
9 680
-
-
total
2 887
9 680
-
-
Dividends
10 235
34 320
-
-
withholding
3 071
10 296
-
-
total
3 071
10 296
-
-
Income
44 000
44 000
44 000
44 000
Total tax
20 346
19 976
20 503
20 468
After tax
23 654
24 024
23 497
23 532
Living cost
16 489
16 489
16 489
16 489
Free-cash
7 165
7 535
7 008
7 043

Estimated living cost  is ₴16489 per week

₴10928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴10380
₴14338
₴11195
₴5171
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.

-
-
-
44 000
trade
-
-
-
3 958
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.

-
-
-
2 930
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.

-
-
-
9 371
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.

-
-
-
515
total
-
-
-
16 774
Employee

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

21 746
-
44 000
-
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.

103
-
515
-
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.

1 868
-
9 371
-
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.

2 930
-
2 930
-
total
4 901
-
12 816
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 254
44 000
-
-
trade
3 661
7 238
-
-
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.

184
363
-
-
income
3 338
6 600
-
-
chamber of commerce
97
128
-
-
total
7 280
14 329
-
-
Dividends
14 974
29 672
-
-
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.

197
399
-
-
withholding
3 581
7 255
-
-
total
3 778
7 654
-
-
Income
44 000
44 000
44 000
44 000
Total tax
15 959
21 983
12 816
16 774
After tax
28 041
22 017
31 184
27 226
Living cost
16 846
16 846
16 846
16 846
Free-cash
11 195
5 171
14 338
10 380

Estimated living cost  is ₴16846 per week

₴11267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1776
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.
₴3551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₴17152
₴17108
₴16515
₴18291
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
-
-
-
44 000
social contributions
-
-
-
6 864
health
-
-
-
1 122
income
-
-
-
4 953
total
-
-
-
12 939
Employee
32 974
32 974
39 946
-
income
3 463
3 052
4 935
-
social contributions
1 602
2 737
3 315
-
health
328
561
679
-
total
5 393
6 350
8 929
-
Employer
32 974
32 974
39 946
-
health
357
610
739
-
social contributions
1 602
2 737
3 315
-
total
1 959
3 347
4 054
-
Corporate
22 739
7 679
-
-
income
2 842
960
-
-
total
2 842
960
-
-
Dividends
19 896
6 719
-
-
withholding
3 382
1 143
-
-
total
3 382
1 143
-
-
Income
44 000
44 000
44 000
44 000
Total tax
13 576
11 800
12 983
12 939
After tax
30 424
32 200
31 017
31 061
Living cost
13 909
13 909
13 909
13 909
Free-cash
16 515
18 291
17 108
17 152

Estimated living cost  is ₴13909 per week

₴9508
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.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴22660
₴17687
₴17126
₴16963
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
-
-
-
44 000
unemployment
-
-
-
660
health
-
-
-
3 080
income
-
-
-
5 379
pensions
-
-
-
4 400
total
-
-
-
13 519
Employee

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

The minimum wage is 138,000 HUF per month.

11 289
4 493
36 820
-
income
1 380
549
4 501
-
pensions
1 129
449
3 682
-
unemployment
169
67
552
-
health
790
315
2 577
-
total
3 468
1 380
11 312
-
Employer

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

The minimum wage is 138,000 HUF per month.

11 289
4 493
36 820
-
pensions
2 201
876
7 180
-
total
2 201
876
7 180
-
Corporate
30 509
38 631
-
-
income
2 746
3 477
-
-
total
2 746
3 477
-
-
Dividends
27 764
35 154
-
-
social contributions
5 363
6 804
-
-
withholding
5 275
6 679
-
-
total
10 638
13 483
-
-
Income
44 000
44 000
44 000
44 000
Total tax
19 053
19 216
18 492
13 519
After tax
24 947
24 784
25 508
30 481
Living cost
7 821
7 821
7 821
7 821
Free-cash
17 126
16 963
17 687
22 660

Estimated living cost  is ₴7821 per week

₴5337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴13226
₴15002
₴22178
₴24842
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
-
-
-
44 000
health
-
-
-
5 720
income
-
-
-
5 896
pensions
-
-
-
8 800
total
-
-
-
20 416
Employee
12 165
-
32 885
-
income
1 370
-
6 340
-
pensions
243
-
658
-
unemployment
194
-
527
-
total
1 807
-
7 525
-
Employer
12 165
-
32 885
-
pensions
2 433
-
6 577
-
health
1 581
-
4 275
-
unemployment
98
-
263
-
total
4 112
-
11 115
-
Corporate
27 723
44 000
-
-
income
5 545
8 800
-
-
total
5 545
8 800
-
-
Dividends
22 178
35 200
-
-
total
-
-
-
-
Income
44 000
44 000
44 000
44 000
Total tax
11 464
8 800
18 640
20 416
After tax
32 536
35 200
25 360
23 584
Living cost
10 358
10 358
10 358
10 358
Free-cash
22 178
24 842
15 002
13 226

Estimated living cost  is ₴10358 per week

₴7104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴2428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₴20793
₴13405
₴2122
-₴5834
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
-
-
-
44 000
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
10 834
pensions
-
-
-
1 777
total
-
-
-
13 809
Employee
14 784
-
37 739
-
income
2 028
-
7 356
-
pensions
1 665
-
3 259
-
health
1 693
-
4 321
-
total
5 386
-
14 936
-
Employer
14 784
-
37 739
-
pensions
2 404
-
4 706
-
accident
247
-
630
-
unemployment
362
-
925
-
total
3 013
-
6 261
-
Corporate
26 203
44 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

23 583
39 600
-
-
total
23 583
39 600
-
-
Dividends
2 620
4 400
-
-
withholding
498
836
-
-
total
498
836
-
-
Income
44 000
44 000
44 000
44 000
Total tax
32 480
40 436
21 197
13 809
After tax
11 520
3 564
22 803
30 191
Living cost
9 398
9 398
9 398
9 398
Free-cash
2 122
-5 834
13 405
20 793

Estimated living cost  is ₴9398 per week

₴6888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴521
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.
₴1793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴39696
₴31336
₴37211
₴37936
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%.

-
-
-
44 000
microenterprise

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

-
-
-
440
total
-
-
-
440
Employee
4 830
-
44 000
-
income
966
-
8 800
-
total
966
-
8 800
-
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%.

39 170
44 000
-
-
total
-
-
-
-
Dividends
39 170
44 000
-
-
withholding
1 959
2 200
-
-
total
1 959
2 200
-
-
Income
44 000
44 000
44 000
44 000
Total tax
2 925
2 200
8 800
440
After tax
41 075
41 800
35 200
43 560
Living cost
3 864
3 864
3 864
3 864
Free-cash
37 211
37 936
31 336
39 696

Estimated living cost  is ₴3864 per week

₴2395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴12399
₴14267
₴18005
₴20901
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
-
-
-
44 000
other
-
-
-
2 090
health
-
-
-
1 936
income
-
-
-
5 589
pensions

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

-
-
-
10 560
total
-
-
-
20 175
Employee
15 570
-
35 144
-
income
2 681
-
6 146
-
pensions

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

1 090
-
2 460
-
unemployment
155
-
352
-
health
218
-
492
-
total
4 144
-
9 450
-
Employer
15 570
-
35 144
-
pensions

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

2 647
-
5 975
-
other
779
-
1 757
-
accident
125
-
281
-
health
218
-
492
-
unemployment
155
-
352
-
total
3 924
-
8 857
-
Corporate
24 506
44 000
-
-
income
5 146
9 240
-
-
total
5 146
9 240
-
-
Dividends
19 360
34 760
-
-
withholding
1 355
2 433
-
-
total
1 355
2 433
-
-
Income
44 000
44 000
44 000
44 000
Total tax
14 569
11 673
18 307
20 175
After tax
29 431
32 327
25 693
23 825
Living cost
11 426
11 426
11 426
11 426
Free-cash
18 005
20 901
14 267
12 399

Estimated living cost  is ₴11426 per week

₴8073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴2736
-₴1311
-₴2401
₴3406
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
-
-
-
44 000
income
-
-
-
9 181
pensions
-
-
-
3 240
total
-
-
-
12 421
Employee
40 808
-
38 732
-
income
7 356
-
6 883
-
pensions
3 937
-
3 688
-
health
672
-
630
-
total
11 965
-
11 201
-
Employer
40 808
-
38 732
-
pensions
4 818
-
4 531
-
health
775
-
736
-
total
5 593
-
5 267
-
Corporate
-
44 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
8 360
-
-
total
-
8 360
-
-
Dividends
-
35 640
-
-
withholding
-
3 391
-
-
total
-
3 391
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 558
11 751
16 468
12 421
After tax
26 442
32 249
27 532
31 579
Living cost
28 843
28 843
28 843
28 843
Free-cash
-2 401
3 406
-1 311
2 736

Estimated living cost  is ₴28843 per week

₴21612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₴27781
₴29166
₴30007
₴31999
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
-
-
-
44 000
unemployment
-
-
-
60
health
-
-
-
1 722
income
-
-
-
6 600
pensions

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

-
-
-
2 216
total
-
-
-
10 598
Employee
7 443
-
41 062
-
income
744
-
4 106
-
pensions

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

654
-
1 315
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
total
1 822
-
6 275
-
Employer
7 443
-
41 062
-
pensions

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

820
-
1 650
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
health
514
-
1 033
-
unemployment
45
-
90
-
total
1 461
-
2 938
-
Corporate
35 096
44 000
-
-
income
3 510
4 400
-
-
total
3 510
4 400
-
-
Dividends
31 586
39 600
-
-
withholding
1 579
1 980
-
-
total
1 579
1 980
-
-
Income
44 000
44 000
44 000
44 000
Total tax
8 372
6 380
9 213
10 598
After tax
35 628
37 620
34 787
33 402
Living cost
5 621
5 621
5 621
5 621
Free-cash
30 007
31 999
29 166
27 781

Estimated living cost  is ₴5621 per week

₴3282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴1189
-₴2181
-₴2718
-₴2464
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
-
-
-
44 000
health
-
-
-
5 202
income
-
-
-
8 806
pensions
-
-
-
5 024
total
-
-
-
19 032
Employee
39 757
36 619
37 444
-
income

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

5 994
5 994
5 994
-
pensions
5 024
5 024
5 024
-
health
4 960
4 781
4 828
-
total
15 978
15 799
15 846
-
Employer
39 757
36 619
37 444
-
pensions
2 767
2 549
2 606
-
health
2 763
2 545
2 602
-
unemployment
1 431
1 318
1 348
-
total
6 961
6 412
6 556
-
Corporate
-
968
-
-
income
-
194
-
-
total
-
194
-
-
Dividends
-
775
-
-
withholding
-
116
-
-
income
-
164
-
-
total
-
280
-
-
Income
44 000
44 000
44 000
44 000
Total tax
22 939
22 685
22 402
19 032
After tax
21 061
21 315
21 598
24 968
Living cost
23 779
23 779
23 779
23 779
Free-cash
-2 718
-2 464
-2 181
1 189

Estimated living cost  is ₴23779 per week

₴17541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴11132
₴12031
₴16324
₴19996
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
-
-
-
44 000
social contributions
-
-
-
12 848
health
-
-
-
5 940
income
-
-
-
3 782
solidarity contribution
-
-
-
-
total
-
-
-
22 570
Employee
15 144
-
32 836
-
income
1 817
-
3 940
-
solidarity contribution
-
-
-
-
social contributions
984
-
2 134
-
health
2 044
-
4 433
-
total
4 845
-
10 507
-
Employer
15 144
-
32 836
-
health
1 363
-
2 955
-
social contributions
3 786
-
8 209
-
total
5 149
-
11 164
-
Corporate
23 707
44 000
-
-
income
4 504
8 360
-
-
total
4 504
8 360
-
-
Dividends
19 203
35 640
-
-
withholding
2 880
5 346
-
-
total
2 880
5 346
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 378
13 706
21 671
22 570
After tax
26 622
30 294
22 329
21 430
Living cost
10 298
10 298
10 298
10 298
Free-cash
16 324
19 996
12 031
11 132

Estimated living cost  is ₴10298 per week

₴7153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴733
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.
₴2210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴4415
₴2320
₴3141
₴5381
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
-
-
-
44 000
social contributions
-
-
-
11 317
municipal
-
-
-
261
national
-
-
-
9 425
regional
-
-
-
487
total
-
-
-
21 490
Employee
38 111
-
44 000
-
national
6 604
-
8 087
-
social contributions
12 851
-
14 837
-
municipal
202
-
234
-
regional
360
-
427
-
total
20 017
-
23 585
-
Employer
38 111
-
44 000
-
total
-
-
-
-
Corporate
5 889
44 000
-
-
nationa
1 414
10 560
-
-
municipal
229
1 716
-
-
total
1 643
12 276
-
-
Dividends
4 246
31 724
-
-
withholding
1 104
8 248
-
-
total
1 104
8 248
-
-
Income
44 000
44 000
44 000
44 000
Total tax
22 764
20 524
23 585
21 490
After tax
21 236
23 476
20 415
22 510
Living cost
18 095
18 095
18 095
18 095
Free-cash
3 141
5 381
2 320
4 415

Estimated living cost  is ₴18095 per week

₴12613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴13059
₴12206
₴16880
₴18213
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
-
-
-
44 000
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
3 124
income
-
-
-
8 414
surtax
-
-
-
1 042
pensions
-
-
-
8 800
total
-
-
-
21 478
Employee
14 181
-
36 348
-
income
2 377
-
7 855
-
pensions
946
-
2 424
-
unemployment
987
-
2 530
-
health
362
-
927
-
other
-
-
-
-
surtax
46
-
944
-
total
4 718
-
14 680
-
Employer
14 181
-
36 348
-
pensions
1 890
-
4 845
-
other
-
-
-
-
health
645
-
1 654
-
unemployment
449
-
1 152
-
total
2 984
-
7 651
-
Corporate
26 834
44 000
-
-
income
6 977
11 440
-
-
total
6 977
11 440
-
-
Dividends
19 857
32 560
-
-
withholding
2 978
4 884
-
-
total
2 978
4 884
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 657
16 324
22 331
21 478
After tax
26 343
27 676
21 669
22 522
Living cost
9 463
9 463
9 463
9 463
Free-cash
16 880
18 213
12 206
13 059

Estimated living cost  is ₴9463 per week

₴5786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴11874
₴7827
₴9868
₴12544
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
-
-
-
44 000
income
-
-
-
9 181
pensions
-
-
-
3 240
total
-
-
-
12 421
Employee
27 348
-
38 732
-
income
4 926
-
6 883
-
pensions
2 321
-
3 688
-
health
397
-
630
-
total
7 644
-
11 201
-
Employer
27 348
-
38 732
-
pensions
2 960
-
4 531
-
health
520
-
736
-
total
3 480
-
5 267
-
Corporate
13 172
44 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

2 503
8 360
-
-
total
2 503
8 360
-
-
Dividends
10 669
35 640
-
-
withholding
800
3 391
-
-
total
800
3 391
-
-
Income
44 000
44 000
44 000
44 000
Total tax
14 427
11 751
16 468
12 421
After tax
29 573
32 249
27 532
31 579
Living cost
19 705
19 705
19 705
19 705
Free-cash
9 868
12 544
7 827
11 874

Estimated living cost  is ₴19705 per week

₴14763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
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.
₴3259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₴4237
₴2053
₴1575
-₴12294
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
-
-
-
44 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
880
health
-
-
-
106
city
-
-
-
464
national
-
-
-
300
regional
-
-
-
1 551
pensions
-
-
-
4 048
total
-
-
-
7 349
Employee
37 933
-
39 383
-
pensions
3 187
-
3 308
-
national
180
-
210
-
unemployment
-
-
-
-
city
407
-
423
-
health
86
-
88
-
regional
1 242
-
1 320
-
total
5 102
-
5 349
-
Employer
37 933
-
39 383
-
pensions
3 187
-
3 308
-
other

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

758
-
788
-
health
86
-
88
-
unemployment
-
-
-
-
total
4 031
-
4 184
-
Corporate
1 619
44 000
-
-
regional
342
9 306
-
-
national
137
3 740
-
-
total
479
13 046
-
-
Dividends
1 140
30 955
-
-
withholding
399
10 834
-
-
total
399
10 834
-
-
Income
44 000
44 000
44 000
44 000
Total tax
10 011
23 880
9 533
7 349
After tax
33 989
20 120
34 467
36 651
Living cost
32 414
32 414
32 414
32 414
Free-cash
1 575
-12 294
2 053
4 237

Estimated living cost  is ₴32414 per week

₴21078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴398
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.
₴8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₴7413
₴11540
₴9100
₴2147
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.

-
-
-
44 000
trade
-
-
-
4 127
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.

-
-
-
2 930
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.

-
-
-
9 371
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.

-
-
-
515
total
-
-
-
16 943
Employee

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

25 771
-
44 000
-
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.

167
-
515
-
income

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

3 030
-
9 371
-
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.

2 930
-
2 930
-
total
6 127
-
12 816
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 229
44 000
-
-
trade
3 126
7 546
-
-
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.

151
363
-
-
income
2 734
6 600
-
-
chamber of commerce
91
127
-
-
total
6 102
14 636
-
-
Dividends
12 126
29 364
-
-
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.

158
395
-
-
withholding
2 869
7 178
-
-
total
3 027
7 573
-
-
Income
44 000
44 000
44 000
44 000
Total tax
15 256
22 209
12 816
16 943
After tax
28 744
21 791
31 184
27 057
Living cost
19 644
19 644
19 644
19 644
Free-cash
9 100
2 147
11 540
7 413

Estimated living cost  is ₴19644 per week

₴14347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₴10633
₴12941
₴10038
₴7504
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
-
-
-
44 000
other
-
-
-
1 365
social contributions
-
-
-
1 254
health
-
-
-
876
income
-
-
-
4 349
surtax
-
-
-
-
pensions
-
-
-
10 852
total
-
-
-
18 696
Employee
18 353
-
35 677
-
income
1 083
-
5 320
-
pensions
2 075
-
1 728
-
social contributions
523
-
1 016
-
surtax
-
-
-
-
total
3 681
-
8 064
-
Employer
18 353
-
35 677
-
pensions
3 015
-
3 044
-
other
633
-
1 231
-
health
1 285
-
2 497
-
unemployment
743
-
1 445
-
social contributions
55
-
107
-
total
5 731
-
8 324
-
Corporate
19 916
44 000
-
-
surtax
-
-
-
-
income
5 577
12 320
-
-
total
5 577
12 320
-
-
Dividends
14 339
31 680
-
-
surtax
-
-
-
-
social contributions
2 467
5 450
-
-
withholding
1 835
4 055
-
-
total
4 302
9 505
-
-
Income
44 000
44 000
44 000
44 000
Total tax
19 291
21 825
16 388
18 696
After tax
24 709
22 175
27 612
25 304
Living cost
14 671
14 671
14 671
14 671
Free-cash
10 038
7 504
12 941
10 633

Estimated living cost  is ₴14671 per week

₴9251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴12086
₴14394
₴11340
₴8957
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
-
-
-
44 000
other
-
-
-
1 365
social contributions
-
-
-
1 254
health
-
-
-
876
income
-
-
-
4 349
surtax
-
-
-
-
pensions
-
-
-
10 852
total
-
-
-
18 696
Employee
16 382
-
35 677
-
income
845
-
5 320
-
pensions
1 853
-
1 728
-
social contributions
467
-
1 016
-
surtax
-
-
-
-
total
3 165
-
8 064
-
Employer
16 382
-
35 677
-
pensions
2 692
-
3 044
-
other
566
-
1 231
-
health
1 147
-
2 497
-
unemployment
663
-
1 445
-
social contributions
49
-
107
-
total
5 117
-
8 324
-
Corporate
22 501
44 000
-
-
surtax
-
-
-
-
income
6 300
12 320
-
-
total
6 300
12 320
-
-
Dividends
16 201
31 680
-
-
surtax
-
-
-
-
social contributions
2 787
5 450
-
-
withholding
2 073
4 055
-
-
total
4 860
9 505
-
-
Income
44 000
44 000
44 000
44 000
Total tax
19 442
21 825
16 388
18 696
After tax
24 558
22 175
27 612
25 304
Living cost
13 218
13 218
13 218
13 218
Free-cash
11 340
8 957
14 394
12 086

Estimated living cost  is ₴13218 per week

₴7666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1343
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.
₴3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴19164
₴19183
₴17973
₴17751
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
-
-
-
44 000
social contributions
-
-
-
6 072
health
-
-
-
3 071
income
-
-
-
6 600
total
-
-
-
15 743
Employee
14 539
-
44 000
-
income
2 425
-
6 581
-
social contributions
2 007
-
6 072
-
health
1 015
-
3 071
-
total
5 447
-
15 724
-
Employer
14 539
-
44 000
-
total
-
-
-
-
Corporate
29 461
44 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 473
2 200
-
-
total
1 473
2 200
-
-
Dividends
27 988
41 800
-
-
social contributions
3 862
5 769
-
-
health
1 954
2 917
-
-
withholding
4 198
6 270
-
-
total
10 014
14 956
-
-
Income
44 000
44 000
44 000
44 000
Total tax
16 934
17 156
15 724
15 743
After tax
27 066
26 844
28 276
28 257
Living cost
9 093
9 093
9 093
9 093
Free-cash
17 973
17 751
19 183
19 164

Estimated living cost  is ₴9093 per week

₴6085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴7077
-₴1906
₴8873
₴9534
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
-
-
-
44 000
chamber of commerce
-
-
-
176
unemployment
-
-
-
2 630
health
-
-
-
3 366
income
-
-
-
7 416
surtax
-
-
-
85
pensions
-
-
-
8 140
total
-
-
-
21 813
Employee
21 430
17 089
34 101
-
income
2 440
1 261
6 602
-
pensions
2 195
1 750
3 492
-
unemployment
643
513
1 023
-
health
829
662
1 320
-
other
214
171
341
-
total
6 321
4 357
12 778
-
Employer
21 430
17 089
34 101
-
pensions
2 689
2 145
4 280
-
other
1 018
811
1 619
-
accident
278
222
444
-
health
810
646
1 289
-
payroll
643
513
1 023
-
chamber of commerce
85
68
137
-
unemployment
643
513
1 023
-
surtax
85
85
85
-
total
6 251
5 003
9 900
-
Corporate
16 318
21 908
32 474
-
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.

4 079
5 477
8 118
-
total
4 079
5 477
8 118
-
Dividends
12 239
16 431
-
-
withholding
3 366
4 519
-
-
total
3 366
4 519
-
-
Income
44 000
44 000
44 000
44 000
Total tax
20 017
19 356
30 796
21 813
After tax
23 983
24 644
13 204
22 187
Living cost
15 110
15 110
15 110
15 110
Free-cash
8 873
9 534
-1 906
7 077

Estimated living cost  is ₴15110 per week

₴10078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴3495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₴4895
₴1453
₴2605
₴9038
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
-
-
-
44 000
social contributions
-
-
-
6 924
communal

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

-
-
-
2 225
national
-
-
-
14 321
total
-
-
-
23 470
Employee

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

30 674
-
34 079
-
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.

2 301
-
2 556
-
national
9 430
-
10 762
-
unemployment

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

267
-
296
-
communal

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

1 600
-
1 777
-
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.

1 441
-
1 602
-
total
15 039
-
16 993
-
Employer

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

30 674
-
34 079
-
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.

2 718
-
3 019
-
accident

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

399
-
444
-
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.

1 886
-
2 095
-
unemployment

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

448
-
497
-
surtax
3 478
-
3 864
-
total
8 929
-
9 919
-
Corporate
4 398
44 000
-
-
surtax
18
176
-
-
income
880
8 800
-
-
total
898
8 976
-
-
Dividends
3 500
35 024
-
-
withholding

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

894
10 351
-
-
total
894
10 351
-
-
Income
44 000
44 000
44 000
44 000
Total tax
25 760
19 327
26 912
23 470
After tax
18 240
24 673
17 088
20 530
Living cost
15 635
15 635
15 635
15 635
Free-cash
2 605
9 038
1 453
4 895

Estimated living cost  is ₴15635 per week

₴10071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴8220
₴7697
₴10742
₴14157
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
-
-
-
44 000
other
-
-
-
40
unemployment
-
-
-
278
accident
-
-
-
358
income
-
-
-
8 370
pensions
-
-
-
11 248
total
-
-
-
20 294
Employee
21 346
-
33 363
-
income
4 504
-
8 062
-
pensions
1 003
-
1 568
-
unemployment
331
-
517
-
other
21
-
33
-
total
5 859
-
10 180
-
Employer
21 346
-
33 363
-
pensions
5 037
-
7 874
-
other
170
-
267
-
accident
422
-
661
-
unemployment
1 174
-
1 835
-
total
6 803
-
10 637
-
Corporate
15 851
44 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 378
6 600
-
-
total
2 378
6 600
-
-
Dividends
13 473
37 400
-
-
withholding
2 732
7 757
-
-
total
2 732
7 757
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 772
14 357
20 817
20 294
After tax
26 228
29 643
23 183
23 706
Living cost
15 486
15 486
15 486
15 486
Free-cash
10 742
14 157
7 697
8 220

Estimated living cost  is ₴15486 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴1737
₴3678
₴617
₴3591
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
-
-
-
44 000
accident
-
-
-
371
health
-
-
-
3 091
income
-
-
-
3 939
communal
-
-
-
2 781
surtax
-
-
-
2 182
pensions
-
-
-
6 595
total
-
-
-
18 959
Employee
32 474
-
39 303
-
income
3 137
-
5 019
-
pensions
2 598
-
3 144
-
health
1 445
-
1 749
-
surtax
1 990
-
2 409
-
total
9 170
-
12 321
-
Employer
32 474
-
39 303
-
pensions
2 598
-
3 144
-
accident
292
-
354
-
health
990
-
1 199
-
total
3 880
-
4 697
-
Corporate
7 646
44 000
-
-
communal
-
2 970
-
-
surtax
81
462
-
-
income
1 147
6 600
-
-
total
1 228
10 032
-
-
Dividends
6 419
33 968
-
-
withholding
963
5 095
-
-
income
4 838
1 978
-
-
total
5 801
7 073
-
-
Income
44 000
44 000
44 000
44 000
Total tax
20 079
17 105
17 018
18 959
After tax
23 921
26 895
26 982
25 041
Living cost
23 304
23 304
23 304
23 304
Free-cash
617
3 591
3 678
1 737

Estimated living cost  is ₴23304 per week

₴17481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴12890
₴12037
₴16681
₴18044
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
-
-
-
44 000
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
3 124
income
-
-
-
8 414
surtax
-
-
-
1 042
pensions
-
-
-
8 800
total
-
-
-
21 478
Employee
14 441
-
36 348
-
income
2 421
-
7 855
-
pensions
963
-
2 424
-
unemployment
1 005
-
2 530
-
health
369
-
927
-
other
-
-
-
-
surtax
51
-
944
-
total
4 809
-
14 680
-
Employer
14 441
-
36 348
-
pensions
1 925
-
4 845
-
other
-
-
-
-
health
657
-
1 654
-
unemployment
458
-
1 152
-
total
3 040
-
7 651
-
Corporate
26 519
44 000
-
-
income
6 895
11 440
-
-
total
6 895
11 440
-
-
Dividends
19 624
32 560
-
-
withholding
2 943
4 884
-
-
total
2 943
4 884
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 687
16 324
22 331
21 478
After tax
26 313
27 676
21 669
22 522
Living cost
9 632
9 632
9 632
9 632
Free-cash
16 681
18 044
12 037
12 890

Estimated living cost  is ₴9632 per week

₴5815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴837
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.
₴2756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴10782
₴8699
₴10625
₴11576
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
-
-
-
44 000
social contributions
-
-
-
11 317
municipal
-
-
-
261
national
-
-
-
9 425
regional
-
-
-
664
total
-
-
-
21 667
Employee
23 787
-
44 000
-
national
3 769
-
8 087
-
social contributions
8 021
-
14 837
-
municipal
126
-
234
-
regional
320
-
592
-
total
12 236
-
23 750
-
Employer
23 787
-
44 000
-
total
-
-
-
-
Corporate
20 213
44 000
-
-
nationa
4 851
10 560
-
-
municipal
1 004
2 187
-
-
total
5 855
12 747
-
-
Dividends
14 358
31 253
-
-
withholding
3 733
8 126
-
-
total
3 733
8 126
-
-
Income
44 000
44 000
44 000
44 000
Total tax
21 824
20 873
23 750
21 667
After tax
22 176
23 127
20 250
22 333
Living cost
11 551
11 551
11 551
11 551
Free-cash
10 625
11 576
8 699
10 782

Estimated living cost  is ₴11551 per week

₴7184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
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.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴8740
₴9639
₴13078
₴17604
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
-
-
-
44 000
social contributions
-
-
-
12 848
health
-
-
-
5 940
income
-
-
-
3 782
solidarity contribution
-
-
-
-
total
-
-
-
22 570
Employee
18 661
-
32 836
-
income
2 239
-
3 940
-
solidarity contribution
-
-
-
-
social contributions
1 213
-
2 134
-
health
2 519
-
4 433
-
total
5 971
-
10 507
-
Employer
18 661
-
32 836
-
health
1 679
-
2 955
-
social contributions
4 665
-
8 209
-
total
6 344
-
11 164
-
Corporate
18 994
44 000
-
-
income
3 609
8 360
-
-
total
3 609
8 360
-
-
Dividends
15 385
35 640
-
-
withholding
2 308
5 346
-
-
total
2 308
5 346
-
-
Income
44 000
44 000
44 000
44 000
Total tax
18 232
13 706
21 671
22 570
After tax
25 768
30 294
22 329
21 430
Living cost
12 690
12 690
12 690
12 690
Free-cash
13 078
17 604
9 639
8 740

Estimated living cost  is ₴12690 per week

₴9437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴8591
-₴459
₴10800
₴11010
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
-
-
-
44 000
chamber of commerce
-
-
-
176
unemployment
-
-
-
2 630
health
-
-
-
3 366
income
-
-
-
7 416
surtax
-
-
-
-
pensions
-
-
-
8 140
total
-
-
-
21 728
Employee
18 745
17 089
34 166
-
income
1 670
1 261
6 624
-
pensions
1 920
1 750
3 498
-
unemployment
562
513
1 025
-
health
725
662
1 322
-
other
187
171
342
-
total
5 064
4 357
12 811
-
Employer
18 745
17 089
34 166
-
pensions
2 353
2 145
4 288
-
other
890
811
1 623
-
accident
243
222
444
-
health
709
646
1 291
-
payroll
562
513
1 025
-
chamber of commerce
75
68
137
-
unemployment
562
513
1 025
-
surtax
-
-
-
-
total
5 394
4 918
9 833
-
Corporate
19 861
21 993
32 539
-
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.

4 965
5 498
8 134
-
total
4 965
5 498
8 134
-
Dividends
14 896
16 495
-
-
withholding
4 096
4 536
-
-
total
4 096
4 536
-
-
Income
44 000
44 000
44 000
44 000
Total tax
19 519
19 309
30 778
21 728
After tax
24 481
24 691
13 222
22 272
Living cost
13 681
13 681
13 681
13 681
Free-cash
10 800
11 010
-459
8 591

Estimated living cost  is ₴13681 per week

₴8207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₴37538
₴29178
₴34648
₴35778
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%.

-
-
-
44 000
microenterprise

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

-
-
-
440
total
-
-
-
440
Employee
7 527
-
44 000
-
income
1 506
-
8 800
-
total
1 506
-
8 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

36 473
44 000
-
-
total
-
-
-
-
Dividends
36 473
44 000
-
-
withholding
1 824
2 200
-
-
total
1 824
2 200
-
-
Income
44 000
44 000
44 000
44 000
Total tax
3 330
2 200
8 800
440
After tax
40 670
41 800
35 200
43 560
Living cost
6 022
6 022
6 022
6 022
Free-cash
34 648
35 778
29 178
37 538

Estimated living cost  is ₴6022 per week

₴4075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴253
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.
₴1492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴11215
₴9953
₴15205
₴18792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
44 000
unemployment
-
-
-
66
health
-
-
-
4 329
income
-
-
-
8 853
pensions
-
-
-
8 035
total
-
-
-
21 283
Employee

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

18 962
-
38 072
-
income
3 270
-
8 203
-
pensions
2 939
-
5 901
-
unemployment
27
-
53
-
health
1 225
-
2 460
-
total
7 461
-
16 617
-
Employer

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

18 962
-
38 072
-
pensions
1 678
-
3 369
-
health
1 263
-
2 536
-
unemployment
11
-
23
-
total
2 952
-
5 928
-
Corporate
22 085
44 000
-
-
income
4 197
8 360
-
-
total
4 197
8 360
-
-
Dividends
17 889
35 640
-
-
withholding
2 683
5 346
-
-
total
2 683
5 346
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 293
13 706
22 545
21 283
After tax
26 707
30 294
21 455
22 717
Living cost
11 502
11 502
11 502
11 502
Free-cash
15 205
18 792
9 953
11 215

Estimated living cost  is ₴11502 per week

₴7894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴11949
₴19914
-₴19785
₴8311
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
-
-
-
44 000
social contributions
-
-
-
5 016
income
-
-
-
8 576
total
-
-
-
13 592
Employee
26 467
-
-
-
income
5 838
-
-
-
social contributions
2 170
-
309
-
total
8 008
-
309
-
Employer
26 467
-
-
-
social contributions
37 318
-
5 318
-
total
37 318
-
5 318
-
Corporate
-
44 000
-
-
income
-
9 680
-
-
total
-
9 680
-
-
Dividends
-
34 320
-
-
income
-
7 550
-
-
total
-
7 550
-
-
Income
44 000
44 000
44 000
44 000
Total tax
45 326
17 230
5 627
13 592
After tax
-1 326
26 770
38 373
30 408
Living cost
18 459
18 459
18 459
18 459
Free-cash
-19 785
8 311
19 914
11 949

Estimated living cost  is ₴18459 per week

₴11977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴11101
₴8801
₴11146
₴11576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
44 000
social contributions

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

-
-
-
15 290
income
-
-
-
4 158
surtax
-
-
-
-
total
-
-
-
19 448
Employee
19 722
-
35 556
-
income
4 102
-
9 393
-
social contributions
2 169
-
3 911
-
surtax
-
-
-
-
total
6 271
-
13 304
-
Employer
19 722
-
35 556
-
social contributions
4 684
-
8 444
-
total
4 684
-
8 444
-
Corporate
19 594
44 000
-
-
surtax
-
-
-
-
income
4 114
9 240
-
-
total
4 114
9 240
-
-
Dividends
15 479
34 760
-
-
withholding
4 334
9 733
-
-
total
4 334
9 733
-
-
Income
44 000
44 000
44 000
44 000
Total tax
19 403
18 973
21 748
19 448
After tax
24 597
25 027
22 252
24 552
Living cost
13 451
13 451
13 451
13 451
Free-cash
11 146
11 576
8 801
11 101

Estimated living cost  is ₴13451 per week

₴10064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴793
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.
₴2369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴4593
₴6901
₴4412
₴1464
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
-
-
-
44 000
other
-
-
-
1 365
social contributions
-
-
-
1 254
health
-
-
-
876
income
-
-
-
4 349
surtax
-
-
-
-
pensions
-
-
-
10 852
total
-
-
-
18 696
Employee
26 858
-
35 677
-
income
2 343
-
5 320
-
pensions
3 038
-
1 728
-
social contributions
765
-
1 016
-
surtax
-
-
-
-
total
6 146
-
8 064
-
Employer
26 858
-
35 677
-
pensions
4 413
-
3 044
-
other
927
-
1 231
-
health
1 880
-
2 497
-
unemployment
1 088
-
1 445
-
social contributions
81
-
107
-
total
8 389
-
8 324
-
Corporate
8 754
44 000
-
-
surtax
-
-
-
-
income
2 451
12 320
-
-
total
2 451
12 320
-
-
Dividends
6 303
31 680
-
-
surtax
-
-
-
-
social contributions
1 085
5 450
-
-
withholding
806
4 055
-
-
total
1 891
9 505
-
-
Income
44 000
44 000
44 000
44 000
Total tax
18 877
21 825
16 388
18 696
After tax
25 123
22 175
27 612
25 304
Living cost
20 711
20 711
20 711
20 711
Free-cash
4 412
1 464
6 901
4 593

Estimated living cost  is ₴20711 per week

₴14017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴20602
₴21772
₴25270
₴26710
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
-
-
-
44 000
social contributions
-
-
-
9 680
income
-
-
-
828
total
-
-
-
10 508
Employee
13 786
-
38 095
-
social contributions
896
-
2 475
-
income
-
-
958
-
total
896
-
3 433
-
Employer
13 786
-
38 095
-
social contributions
2 137
-
5 905
-
total
2 137
-
5 905
-
Corporate
28 077
44 000
-
-
income
2 807
4 400
-
-
total
2 807
4 400
-
-
Dividends
25 270
39 600
-
-
total
-
-
-
-
Income
44 000
44 000
44 000
44 000
Total tax
5 840
4 400
9 338
10 508
After tax
38 160
39 600
34 662
33 492
Living cost
12 890
12 890
12 890
12 890
Free-cash
25 270
26 710
21 772
20 602

Estimated living cost  is ₴12890 per week

₴8335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
₴6568
-₴49461
-₴49461
-₴49461
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
-
-
-
44 000
municipal
-
-
-
8 228
national
-
-
-
4 683
labour market
-
-
-
3 490
pensions
-
-
-
372
total
-
-
-
16 773
Employee
87 195
87 195
87 195
-
labour market
6 966
6 966
6 966
-
pensions
124
124
124
-
national
10 652
10 652
10 652
-
municipal
18 568
18 568
18 568
-
total
36 310
36 310
36 310
-
Employer
87 195
87 195
87 195
-
pensions
248
248
248
-
municipal
18 597
18 597
18 597
-
national
10 671
10 671
10 671
-
labour market
6 976
6 976
6 976
-
total
36 492
36 492
36 492
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
44 000
44 000
44 000
44 000
Total tax
72 802
72 802
72 802
16 773
After tax
-28 802
-28 802
-28 802
27 227
Living cost
20 659
20 659
20 659
20 659
Free-cash
-49 461
-49 461
-49 461
6 568

Estimated living cost  is ₴20659 per week

₴14139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₴20932
₴13544
₴2145
-₴5695
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
-
-
-
44 000
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
10 834
pensions
-
-
-
1 777
total
-
-
-
13 809
Employee
14 566
-
37 739
-
income
1 998
-
7 356
-
pensions
1 640
-
3 259
-
health
1 668
-
4 321
-
total
5 306
-
14 936
-
Employer
14 566
-
37 739
-
pensions
2 368
-
4 706
-
accident
243
-
630
-
unemployment
357
-
925
-
total
2 968
-
6 261
-
Corporate
26 466
44 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

23 819
39 600
-
-
total
23 819
39 600
-
-
Dividends
2 647
4 400
-
-
withholding
503
836
-
-
total
503
836
-
-
Income
44 000
44 000
44 000
44 000
Total tax
32 596
40 436
21 197
13 809
After tax
11 404
3 564
22 803
30 191
Living cost
9 259
9 259
9 259
9 259
Free-cash
2 145
-5 695
13 544
20 932

Estimated living cost  is ₴9259 per week

₴6740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴14656
₴8550
₴11891
₴12707
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

-
-
-
44 000
municipal
-
-
-
7 830
health
-
-
-
499
national
-
-
-
4 552
total
-
-
-
12 881
Employee
22 561
-
37 015
-
pensions
1 523
-
2 498
-
national
373
-
2 515
-
municipal
3 695
-
6 043
-
unemployment
339
-
555
-
health
168
-
391
-
total
6 098
-
12 002
-
Employer
22 561
-
37 015
-
pensions
3 914
-
6 422
-
accident
23
-
37
-
health
173
-
285
-
unemployment
146
-
241
-
total
4 256
-
6 985
-
Corporate
17 182
44 000
-
-
income
3 437
8 800
-
-
total
3 437
8 800
-
-
Dividends

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

10 309
26 400
-
-
municipal
1 855
4 752
-
-
national
-
1 278
-
-
total
1 855
6 030
-
-
Income
44 000
44 000
44 000
44 000
Total tax
15 646
14 830
18 987
12 881
After tax
28 354
29 170
25 013
31 119
Living cost
16 463
16 463
16 463
16 463
Free-cash
11 891
12 707
8 550
14 656

Estimated living cost  is ₴16463 per week

₴10754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴21133
₴21089
₴19939
₴22272
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
-
-
-
44 000
social contributions
-
-
-
6 864
health
-
-
-
1 122
income
-
-
-
4 953
total
-
-
-
12 939
Employee
32 974
32 974
39 946
-
income
3 590
3 052
4 935
-
social contributions
1 247
2 737
3 315
-
health
256
561
679
-
total
5 093
6 350
8 929
-
Employer
32 974
32 974
39 946
-
health
277
610
739
-
social contributions
1 247
2 737
3 315
-
total
1 524
3 347
4 054
-
Corporate
27 455
7 679
-
-
income
3 432
960
-
-
total
3 432
960
-
-
Dividends
24 023
6 719
-
-
withholding
4 084
1 143
-
-
total
4 084
1 143
-
-
Income
44 000
44 000
44 000
44 000
Total tax
14 133
11 800
12 983
12 939
After tax
29 867
32 200
31 017
31 061
Living cost
9 928
9 928
9 928
9 928
Free-cash
19 939
22 272
21 089
21 133

Estimated living cost  is ₴9928 per week

₴5950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴28684
₴20326
₴27446
₴29629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
44 000
unemployment
-
-
-
12
health
-
-
-
1 552
income
-
-
-
4 216
pensions
-
-
-
2 728
total
-
-
-
8 508
Employee

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

9 843
-
39 891
-
income
673
-
3 184
-
pensions
1 476
-
5 984
-
unemployment
49
-
199
-
health
837
-
3 391
-
total
3 035
-
12 758
-
Employer

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

9 843
-
39 891
-
pensions
541
-
2 194
-
health
423
-
1 715
-
unemployment
49
-
199
-
total
1 013
-
4 108
-
Corporate
33 144
44 000
-
-
income
2 983
3 960
-
-
total
2 983
3 960
-
-
Dividends
30 161
40 040
-
-
withholding
2 715
3 603
-
-
total
2 715
3 603
-
-
Income
44 000
44 000
44 000
44 000
Total tax
9 746
7 563
16 866
8 508
After tax
34 254
36 437
27 134
35 492
Living cost
6 808
6 808
6 808
6 808
Free-cash
27 446
29 629
20 326
28 684

Estimated living cost  is ₴6808 per week

₴4344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴11914
₴11391
₴15603
₴17851
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
-
-
-
44 000
other
-
-
-
40
unemployment
-
-
-
278
accident
-
-
-
358
income
-
-
-
8 370
pensions
-
-
-
11 248
total
-
-
-
20 294
Employee
15 856
-
33 363
-
income
3 057
-
8 062
-
pensions
745
-
1 568
-
unemployment
246
-
517
-
other
15
-
33
-
total
4 063
-
10 180
-
Employer
15 856
-
33 363
-
pensions
3 742
-
7 874
-
other
127
-
267
-
accident
314
-
661
-
unemployment
872
-
1 835
-
total
5 055
-
10 637
-
Corporate
23 089
44 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

3 463
6 600
-
-
total
3 463
6 600
-
-
Dividends
19 626
37 400
-
-
withholding
4 024
7 757
-
-
total
4 024
7 757
-
-
Income
44 000
44 000
44 000
44 000
Total tax
16 605
14 357
20 817
20 294
After tax
27 395
29 643
23 183
23 706
Living cost
11 792
11 792
11 792
11 792
Free-cash
15 603
17 851
11 391
11 914

Estimated living cost  is ₴11792 per week

₴7959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
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.
₴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

Source of data for Valencia model

Close
Istanbul , Turkey
₴26736
₴26653
₴26089
₴26282
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
-
-
-
44 000
health
-
-
-
621
income
-
-
-
14 612
pensions
-
-
-
857
total
-
-
-
16 090
Employee
1 789
-
43 036
-
income
346
-
14 567
-
pensions
161
-
385
-
unemployment
18
-
43
-
health
89
-
214
-
total
614
-
15 209
-
Employer
1 789
-
43 036
-
pensions
197
-
471
-
health
170
-
407
-
unemployment
36
-
86
-
total
403
-
964
-
Corporate
41 809
44 000
-
-
income
9 198
9 680
-
-
total
9 198
9 680
-
-
Dividends
32 611
34 320
-
-
withholding
6 522
6 864
-
-
total
6 522
6 864
-
-
Income
44 000
44 000
44 000
44 000
Total tax
16 737
16 544
16 173
16 090
After tax
27 263
27 456
27 827
27 910
Living cost
1 174
1 174
1 174
1 174
Free-cash
26 089
26 282
26 653
26 736

Estimated living cost  is ₴1174 per week

₴698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴15997
₴15996
₴22263
₴24374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
44 000
unemployment
-
-
-
475
health
-
-
-
3 264
income
-
-
-
8 608
pensions
-
-
-
8 240
total
-
-
-
20 587
Employee

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

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

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

11 183
-
38 327
-
income
1 542
-
8 608
-
pensions
1 566
-
4 437
-
unemployment
84
-
238
-
health
576
-
1 632
-
total
3 768
-
14 915
-
Employer

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

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

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

11 183
-
38 327
-
pensions
1 342
-
3 803
-
health
576
-
1 632
-
unemployment
84
-
238
-
total
2 002
-
5 673
-
Corporate
30 815
44 000
-
-
income
4 622
6 600
-
-
total
4 622
6 600
-
-
Dividends
26 193
37 400
-
-
withholding
3 929
5 610
-
-
total
3 929
5 610
-
-
Income
44 000
44 000
44 000
44 000
Total tax
14 321
12 210
20 588
20 587
After tax
29 679
31 790
23 412
23 413
Living cost
7 416
7 416
7 416
7 416
Free-cash
22 263
24 374
15 996
15 997

Estimated living cost  is ₴7416 per week

₴4993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴12991
₴10691
₴13312
₴13466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
44 000
social contributions

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

-
-
-
15 290
income
-
-
-
4 158
surtax
-
-
-
-
total
-
-
-
19 448
Employee
16 643
-
35 556
-
income
3 252
-
9 393
-
social contributions
1 831
-
3 911
-
surtax
-
-
-
-
total
5 083
-
13 304
-
Employer
16 643
-
35 556
-
social contributions
3 952
-
8 444
-
total
3 952
-
8 444
-
Corporate
23 404
44 000
-
-
surtax
-
-
-
-
income
4 915
9 240
-
-
total
4 915
9 240
-
-
Dividends
18 489
34 760
-
-
withholding
5 177
9 733
-
-
total
5 177
9 733
-
-
Income
44 000
44 000
44 000
44 000
Total tax
19 127
18 973
21 748
19 448
After tax
24 873
25 027
22 252
24 552
Living cost
11 561
11 561
11 561
11 561
Free-cash
13 312
13 466
10 691
12 991

Estimated living cost  is ₴11561 per week

₴8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴8635
₴8112
₴11303
₴14572
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
-
-
-
44 000
other
-
-
-
40
unemployment
-
-
-
278
accident
-
-
-
358
income
-
-
-
8 370
pensions
-
-
-
11 248
total
-
-
-
20 294
Employee
20 710
-
33 363
-
income
4 326
-
8 062
-
pensions
973
-
1 568
-
unemployment
321
-
517
-
other
20
-
33
-
total
5 640
-
10 180
-
Employer
20 710
-
33 363
-
pensions
4 887
-
7 874
-
other
166
-
267
-
accident
410
-
661
-
unemployment
1 139
-
1 835
-
total
6 602
-
10 637
-
Corporate
16 687
44 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 503
6 600
-
-
total
2 503
6 600
-
-
Dividends
14 184
37 400
-
-
withholding
2 881
7 757
-
-
total
2 881
7 757
-
-
Income
44 000
44 000
44 000
44 000
Total tax
17 626
14 357
20 817
20 294
After tax
26 374
29 643
23 183
23 706
Living cost
15 071
15 071
15 071
15 071
Free-cash
11 303
14 572
8 112
8 635

Estimated living cost  is ₴15071 per week

₴10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴26027
₴27412
₴27633
₴30245
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
-
-
-
44 000
unemployment
-
-
-
60
health
-
-
-
1 722
income
-
-
-
6 600
pensions

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

-
-
-
2 216
total
-
-
-
10 598
Employee
9 766
-
41 062
-
income
977
-
4 106
-
pensions

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

857
-
1 315
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
total
2 390
-
6 275
-
Employer
9 766
-
41 062
-
pensions

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

1 076
-
1 650
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
health
674
-
1 033
-
unemployment
59
-
90
-
total
1 916
-
2 938
-
Corporate
32 318
44 000
-
-
income
3 232
4 400
-
-
total
3 232
4 400
-
-
Dividends
29 086
39 600
-
-
withholding
1 454
1 980
-
-
total
1 454
1 980
-
-
Income
44 000
44 000
44 000
44 000
Total tax
8 992
6 380
9 213
10 598
After tax
35 008
37 620
34 787
33 402
Living cost
7 375
7 375
7 375
7 375
Free-cash
27 633
30 245
27 412
26 027

Estimated living cost  is ₴7375 per week

₴4878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
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.
₴1899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴11176
₴14629
₴11749
₴6141
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.

-
-
-
44 000
trade
-
-
-
3 453
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.

-
-
-
2 930
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.

-
-
-
9 371
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.

-
-
-
515
total
-
-
-
16 269
Employee

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

21 336
-
44 000
-
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.

97
-
515
-
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.

1 754
-
9 371
-
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.

2 930
-
2 930
-
total
4 781
-
12 816
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 664
44 000
-
-
trade
3 253
6 314
-
-
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.

187
363
-
-
income
3 400
6 600
-
-
chamber of commerce
98
129
-
-
total
6 938
13 406
-
-
Dividends
15 725
30 594
-
-
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
412
-
-
withholding
3 769
7 486
-
-
total
3 977
7 898
-
-
Income
44 000
44 000
44 000
44 000
Total tax
15 696
21 304
12 816
16 269
After tax
28 304
22 696
31 184
27 731
Living cost
16 555
16 555
16 555
16 555
Free-cash
11 749
6 141
14 629
11 176

Estimated living cost  is ₴16555 per week

₴11420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₴5124
₴5124
₴7320
₴6373
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
-
-
-
44 000
social contributions
-
-
-
3 937
income
-
-
-
10 512
total
-
-
-
14 449
Employee
33 543
-
44 000
-
social contributions
2 787
-
3 937
-
income
6 329
-
10 512
-
total
9 116
-
14 449
-
Employer
33 543
-
44 000
-
total
-
-
-
-
Corporate
10 457
44 000
-
-
income
1 307
5 500
-
-
total
1 307
5 500
-
-
Dividends
9 150
38 500
-
-
withholding
1 830
7 700
-
-
total
1 830
7 700
-
-
Income
44 000
44 000
44 000
44 000
Total tax
12 253
13 200
14 449
14 449
After tax
31 747
30 800
29 551
29 551
Living cost
24 427
24 427
24 427
24 427
Free-cash
7 320
6 373
5 124
5 124

Estimated living cost  is ₴24427 per week

₴18584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₴13365
₴16765
₴12352
₴10768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
44 000
health

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

-
-
-
2 863
income
-
-
-
12 206
total
-
-
-
15 069
Employee
19 672
-
42 027
-
social contributions
1 971
-
1 973
-
income
2 135
-
7 723
-
total
4 106
-
9 696
-
Employer
19 672
-
42 027
-
social contributions
1 971
-
1 973
-
total
1 971
-
1 973
-
Corporate
22 357
44 000
-
-
income
7 825
15 400
-
-
total
7 825
15 400
-
-
Dividends
14 532
28 600
-
-
social contributions
2 180
2 266
-
-
total
2 180
2 266
-
-
Income
44 000
44 000
44 000
44 000
Total tax
16 082
17 666
11 669
15 069
After tax
27 918
26 334
32 331
28 931
Living cost
15 566
15 566
15 566
15 566
Free-cash
12 352
10 768
16 765
13 365

Estimated living cost  is ₴15566 per week

₴10253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴15560
₴11513
₴14515
₴16230
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
-
-
-
44 000
income
-
-
-
9 181
pensions
-
-
-
3 240
total
-
-
-
12 421
Employee
21 989
-
38 732
-
income
4 004
-
6 883
-
pensions
1 678
-
3 688
-
health
287
-
630
-
total
5 969
-
11 201
-
Employer
21 989
-
38 732
-
pensions
2 222
-
4 531
-
health
418
-
736
-
total
2 640
-
5 267
-
Corporate
19 372
44 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

3 680
8 360
-
-
total
3 680
8 360
-
-
Dividends
15 692
35 640
-
-
withholding
1 177
3 391
-
-
total
1 177
3 391
-
-
Income
44 000
44 000
44 000
44 000
Total tax
13 466
11 751
16 468
12 421
After tax
30 534
32 249
27 532
31 579
Living cost
16 019
16 019
16 019
16 019
Free-cash
14 515
16 230
11 513
15 560

Estimated living cost  is ₴16019 per week

₴10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₴20015
₴12627
₴2004
-₴6612
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
-
-
-
44 000
other
-
-
-
158
accident
-
-
-
108
health
-
-
-
932
income
-
-
-
10 834
pensions
-
-
-
1 777
total
-
-
-
13 809
Employee
16 008
-
37 739
-
income
2 196
-
7 356
-
pensions
1 802
-
3 259
-
health
1 833
-
4 321
-
total
5 831
-
14 936
-
Employer
16 008
-
37 739
-
pensions
2 603
-
4 706
-
accident
267
-
630
-
unemployment
392
-
925
-
total
3 262
-
6 261
-
Corporate
24 730
44 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

22 257
39 600
-
-
total
22 257
39 600
-
-
Dividends
2 473
4 400
-
-
withholding
470
836
-
-
total
470
836
-
-
Income
44 000
44 000
44 000
44 000
Total tax
31 820
40 436
21 197
13 809
After tax
12 180
3 564
22 803
30 191
Living cost
10 176
10 176
10 176
10 176
Free-cash
2 004
-6 612
12 627
20 015

Estimated living cost  is ₴10176 per week

₴7468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴19332
₴22007
₴29526
₴31236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
44 000
work injury
-
-
-
220
unemployment
-
-
-
528
income
-
-
-
6 778
health insurance
-
-
-
3 256
pensions
-
-
-
8 096
total
-
-
-
18 878
Employee

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

9 264
-
44 000
-
income
926
-
6 778
-
work injury
46
-
171
-
pensions
1 705
-
6 307
-
unemployment
111
-
411
-
health insurance
686
-
2 536
-
total
3 474
-
16 203
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 736
44 000
-
-
income

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

-
440
-
-
total
-
440
-
-
Dividends
34 736
43 560
-
-
withholding
5 210
6 534
-
-
total
5 210
6 534
-
-
Income
44 000
44 000
44 000
44 000
Total tax
8 684
6 974
16 203
18 878
After tax
35 316
37 026
27 797
25 122
Living cost
5 790
5 790
5 790
5 790
Free-cash
29 526
31 236
22 007
19 332

Estimated living cost  is ₴5790 per week

₴3587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴4992
₴2979
₴4142
₴6093
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
-
-
-
44 000
social contributions
-
-
-
11 317
municipal
-
-
-
294
national
-
-
-
9 425
regional
-
-
-
889
total
-
-
-
21 925
Employee
36 135
-
44 000
-
national
6 106
-
8 087
-
social contributions
12 184
-
14 837
-
municipal
216
-
263
-
regional
546
-
751
-
total
19 052
-
23 938
-
Employer
36 135
-
44 000
-
total
-
-
-
-
Corporate
7 865
44 000
-
-
nationa
1 888
10 560
-
-
municipal
379
2 121
-
-
total
2 267
12 681
-
-
Dividends
5 598
31 319
-
-
withholding
1 456
8 143
-
-
total
1 456
8 143
-
-
Income
44 000
44 000
44 000
44 000
Total tax
22 775
20 824
23 938
21 925
After tax
21 225
23 176
20 062
22 075
Living cost
17 083
17 083
17 083
17 083
Free-cash
4 142
6 093
2 979
4 992

Estimated living cost  is ₴17083 per week

₴12000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1175
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.
₴3650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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