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
₴ 44500
per

Your estimated
City
free-cash

Dresden , Germany
₴16934
₴7065
₴13661
₴12709
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.

-
-
-
44 500
health

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

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

-
-
-
3 486
income

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

-
-
-
8 176
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.

-
-
-
449
trade
-
-
-
3 273
total
-
-
-
15 384
Employee

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

19 516
-
44 500
-
surtax

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

30
-
449
-
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.

545
-
8 176
-
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.

3 486
-
3 486
-
total
4 061
-
12 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 984
44 500
-
-
chamber of commerce
113
141
-
-
surtax

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

206
367
-
-
trade
3 935
7 008
-
-
income
3 747
6 675
-
-
total
8 001
14 191
-
-
Dividends
16 982
30 308
-
-
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.

223
406
-
-
withholding
4 051
7 383
-
-
total
4 274
7 789
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 336
21 980
12 111
15 384
After tax
28 164
22 520
32 389
29 116
Living cost
15 455
15 455
15 455
15 455
Free-cash
12 709
7 065
16 934
13 661

Estimated living cost  is ₴15455 per week

₴9722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴3643
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
₴692
₴982
₴344
-₴792
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
-
-
-
44 500
social contributions
-
-
-
478
pensions
-
-
-
5 340
national
-
-
-
7 021
municipal
-
-
-
4 531
total
-
-
-
17 370
Employee
41 523
-
38 470
-
municipal
5 129
-
4 703
-
national
7 948
-
7 288
-
pensions
1 661
-
1 539
-
total
14 738
-
13 530
-
Employer
41 523
-
38 470
-
pensions
3 322
-
3 078
-
social contributions
446
-
414
-
total
3 768
-
3 492
-
Corporate
-
44 500
-
-
income

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

-
8 900
-
-
total
-
8 900
-
-
Dividends
-
35 600
-
-
withholding
-
7 832
-
-
total
-
7 832
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 506
16 732
17 022
17 370
After tax
25 994
27 768
27 478
27 130
Living cost
26 786
26 786
26 786
26 786
Free-cash
-792
982
692
344

Estimated living cost  is ₴26786 per week

₴18206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
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.
₴5689
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
₴14542
₴24985
₴13216
₴20800
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.

-
-
-
44 500
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.

-
-
-
14 306
income
-
-
-
6 363
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
20 669
Employee
14 910
-
35 861
-
surtax
-
-
-
-
social contributions

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

1 640
-
3 945
-
income
2 654
-
6 759
-
total
4 294
-
10 704
-
Employer
14 910
-
35 861
-
surtax
-
-
-
-
social contributions

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

3 591
-
8 639
-
total
3 591
-
8 639
-
Corporate
25 999
44 500
-
-
income

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

5 200
8 900
-
-
total
5 200
8 900
-
-
Dividends

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

20 799
35 600
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
13 085
8 900
19 343
20 669
After tax
31 415
35 600
25 157
23 831
Living cost
10 615
10 615
10 615
10 615
Free-cash
20 800
24 985
14 542
13 216

Estimated living cost  is ₴10615 per week

₴6772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2591
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
-₴6169
-₴3305
₴3920
-₴6169
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
-
-
-
44 500
health
-
-
-
5 742
income
-
-
-
7 485
pensions
-
-
-
5 978
total
-
-
-
19 205
Employee
43 573
43 573
43 573
-
income

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

7 132
7 132
7 132
-
pensions
7 843
5 978
7 843
-
health
6 688
5 689
6 688
-
total
21 663
18 799
21 663
-
Employer
43 573
43 573
43 573
-
unemployment
1 569
1 569
1 569
-
health
3 029
3 029
3 029
-
pensions
3 033
3 033
3 033
-
total
7 631
7 631
7 631
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
29 294
26 430
29 294
19 205
After tax
15 206
18 070
15 206
25 295
Living cost
21 375
21 375
21 375
21 375
Free-cash
-6 169
-3 305
-6 169
3 920

Estimated living cost  is ₴21375 per week

₴15148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
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.
₴3960
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
₴2739
₴3272
₴1157
₴2800
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
-
-
-
44 500
other
-
-
-
5 171
health
-
-
-
2 777
accident
-
-
-
89
pensions
-
-
-
4 810
national
-
-
-
-
unemployment
-
-
-
45
municipal
-
-
-
9 426
total
-
-
-
22 318
Employee
29 959
-
33 861
-
municipal
8 934
-
10 097
-
national
-
-
-
-
total
8 934
-
10 097
-
Employer
29 959
-
33 861
-
other
3 481
-
3 935
-
unemployment
791
-
894
-
health
1 842
-
2 082
-
accident
60
-
68
-
pensions
3 239
-
3 660
-
total
9 413
-
10 639
-
Corporate
5 127
44 500
-
-
income
1 128
9 790
-
-
total
1 128
9 790
-
-
Dividends
3 999
34 710
-
-
withholding
1 200
10 413
-
-
total
1 200
10 413
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 675
20 203
20 736
22 318
After tax
23 825
24 297
23 764
22 182
Living cost
21 025
21 025
21 025
21 025
Free-cash
2 800
3 272
2 739
1 157

Estimated living cost  is ₴21025 per week

₴13935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4708
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
₴12344
₴2245
₴8926
₴9412
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.

-
-
-
44 500
health

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

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

-
-
-
3 486
income

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

-
-
-
8 176
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.

-
-
-
449
trade
-
-
-
3 418
total
-
-
-
15 529
Employee

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

25 876
-
44 500
-
surtax

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

122
-
449
-
income

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

2 223
-
8 176
-
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.

3 486
-
3 486
-
total
5 831
-
12 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 624
44 500
-
-
chamber of commerce
104
140
-
-
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.

154
367
-
-
trade
3 064
7 320
-
-
income
2 794
6 675
-
-
total
6 116
14 502
-
-
Dividends
12 510
29 997
-
-
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.

162
402
-
-
withholding
2 934
7 306
-
-
total
3 096
7 708
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 043
22 210
12 111
15 529
After tax
29 457
22 290
32 389
28 971
Living cost
20 045
20 045
20 045
20 045
Free-cash
9 412
2 245
12 344
8 926

Estimated living cost  is ₴20045 per week

₴13406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4226
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
₴15863
₴16062
₴15908
₴13945
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
-
-
-
44 500
social contributions
-
-
-
6 942
health
-
-
-
1 135
income
-
-
-
3 965
total
-
-
-
12 042
Employee
39 236
39 236
40 399
-
social contributions
1 907
3 256
3 353
-
income
4 120
3 632
3 946
-
health
390
667
687
-
total
6 417
7 555
7 986
-
Employer
39 236
39 236
40 399
-
health
425
726
748
-
social contributions
1 907
3 256
3 353
-
total
2 332
3 982
4 101
-
Corporate
19 202
1 282
-
-
income
2 400
160
-
-
total
2 400
160
-
-
Dividends
16 801
1 122
-
-
withholding
2 856
191
-
-
total
2 856
191
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 005
11 888
12 087
12 042
After tax
30 495
32 612
32 413
32 458
Living cost
16 550
16 550
16 550
16 550
Free-cash
13 945
16 062
15 863
15 908

Estimated living cost  is ₴16550 per week

₴11313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3666
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
₴16301
₴15602
₴21332
₴15799
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
-
-
-
44 500
health
-
-
-
3 115
income
-
-
-
5 440
pensions
-
-
-
4 450
unemployment
-
-
-
668
total
-
-
-
13 673
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.

13 707
5 455
37 238
-
income
1 676
667
4 552
-
pensions
1 371
546
3 724
-
health
959
382
2 607
-
unemployment
206
82
559
-
total
4 212
1 677
11 442
-
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.

13 707
5 455
37 238
-
pensions
2 673
1 064
7 262
-
total
2 673
1 064
7 262
-
Corporate
28 121
37 981
-
-
income
2 531
3 418
-
-
total
2 531
3 418
-
-
Dividends
25 590
34 563
-
-
social contributions
4 928
6 677
-
-
withholding
4 862
6 567
-
-
total
9 790
13 244
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 206
19 403
18 704
13 673
After tax
25 294
25 097
25 796
30 827
Living cost
9 495
9 495
9 495
9 495
Free-cash
15 799
15 602
16 301
21 332

Estimated living cost  is ₴9495 per week

₴6480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
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.
₴2049
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
₴13325
₴23276
₴11528
₴20107
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
-
-
-
44 500
health
-
-
-
5 785
income
-
-
-
5 963
pensions
-
-
-
8 900
total
-
-
-
20 648
Employee
14 475
-
33 258
-
income
1 630
-
6 412
-
pensions
290
-
665
-
unemployment
231
-
533
-
total
2 151
-
7 610
-
Employer
14 475
-
33 258
-
unemployment
116
-
266
-
health
1 881
-
4 323
-
pensions
2 895
-
6 652
-
total
4 892
-
11 241
-
Corporate
25 132
44 500
-
-
income
5 026
8 900
-
-
total
5 026
8 900
-
-
Dividends
20 106
35 600
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
12 069
8 900
18 851
20 648
After tax
32 431
35 600
25 649
23 852
Living cost
12 324
12 324
12 324
12 324
Free-cash
20 107
23 276
13 325
11 528

Estimated living cost  is ₴12324 per week

₴8453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴734
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.
₴2889
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
₴11259
-₴7695
₴19287
₴1873
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
-
-
-
44 500
other
-
-
-
190
health
-
-
-
1 120
accident
-
-
-
130
income
-
-
-
10 337
pensions
-
-
-
2 137
total
-
-
-
13 914
Employee
17 774
-
37 305
-
income
2 438
-
6 558
-
pensions
2 001
-
3 918
-
health
2 035
-
4 271
-
total
6 474
-
14 747
-
Employer
17 774
-
37 305
-
unemployment
435
-
914
-
accident
297
-
623
-
pensions
2 890
-
5 658
-
total
3 622
-
7 195
-
Corporate
23 104
44 500
-
-
income

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

20 793
40 050
-
-
total
20 793
40 050
-
-
Dividends
2 310
4 450
-
-
withholding
439
846
-
-
total
439
846
-
-
Income
44 500
44 500
44 500
44 500
Total tax
31 328
40 896
21 942
13 914
After tax
13 172
3 604
22 558
30 586
Living cost
11 299
11 299
11 299
11 299
Free-cash
1 873
-7 695
11 259
19 287

Estimated living cost  is ₴11299 per week

₴8281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2156
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
₴31342
₴38017
₴39797
₴37219
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%.

-
-
-
44 500
microenterprise

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

-
-
-
445
total
-
-
-
445
Employee
5 323
-
44 500
-
income
1 064
-
8 900
-
total
1 064
-
8 900
-
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%.

39 177
44 500
-
-
total
-
-
-
-
Dividends
39 177
44 500
-
-
withholding
1 959
2 225
-
-
total
1 959
2 225
-
-
Income
44 500
44 500
44 500
44 500
Total tax
3 023
2 225
8 900
445
After tax
41 477
42 275
35 600
44 055
Living cost
4 258
4 258
4 258
4 258
Free-cash
37 219
38 017
31 342
39 797

Estimated living cost  is ₴4258 per week

₴2639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴1148
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
₴12486
₴19099
₴10501
₴15651
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
-
-
-
44 500
other
-
-
-
2 114
health
-
-
-
1 958
income
-
-
-
5 652
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.

-
-
-
10 679
total
-
-
-
20 403
Employee
18 527
-
35 542
-
income
3 190
-
6 119
-
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.

1 297
-
2 488
-
health
260
-
498
-
unemployment
185
-
355
-
total
4 932
-
9 460
-
Employer
18 527
-
35 542
-
other
927
-
1 778
-
unemployment
185
-
355
-
health
260
-
498
-
accident
148
-
285
-
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.

3 150
-
6 042
-
total
4 670
-
8 958
-
Corporate
21 304
44 500
-
-
income
4 473
9 345
-
-
total
4 473
9 345
-
-
Dividends
16 831
35 155
-
-
withholding
1 178
2 460
-
-
total
1 178
2 460
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 253
11 805
18 418
20 403
After tax
29 247
32 695
26 082
24 097
Living cost
13 596
13 596
13 596
13 596
Free-cash
15 651
19 099
12 486
10 501

Estimated living cost  is ₴13596 per week

₴9606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2853
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
-₴5613
-₴331
-₴606
-₴9672
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
-
-
-
44 500
income
-
-
-
8 268
pensions
-
-
-
3 165
total
-
-
-
11 433
Employee
47 642
-
39 282
-
income
8 588
-
7 015
-
health
785
-
614
-
pensions
4 596
-
3 593
-
total
13 969
-
11 222
-
Employer
47 642
-
39 282
-
health
905
-
746
-
pensions
5 625
-
4 472
-
total
6 530
-
5 218
-
Corporate
-
44 500
-
-
income

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

-
8 455
-
-
total
-
8 455
-
-
Dividends
-
36 045
-
-
withholding
-
2 703
-
-
total
-
2 703
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 499
11 158
16 440
11 433
After tax
24 001
33 342
28 060
33 067
Living cost
33 673
33 673
33 673
33 673
Free-cash
-9 672
-331
-5 613
-606

Estimated living cost  is ₴33673 per week

₴25232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴4211
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
₴27719
₴31405
₴26457
₴29050
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
-
-
-
44 500
health
-
-
-
2 035
income
-
-
-
6 675
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
11 400
Employee
8 797
-
41 028
-
income
880
-
4 103
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

772
-
1 554
-
health
405
-
814
-
total
2 154
-
6 666
-
Employer
8 797
-
41 028
-
unemployment
53
-
106
-
health
607
-
1 221
-
accident

We are using the highest rate at 1.1%.

97
-
195
-
pensions

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

969
-
1 950
-
total
1 726
-
3 472
-
Corporate
33 977
44 500
-
-
income
3 398
4 450
-
-
total
3 398
4 450
-
-
Dividends
30 580
40 050
-
-
withholding
1 529
2 002
-
-
total
1 529
2 002
-
-
Income
44 500
44 500
44 500
44 500
Total tax
8 807
6 452
10 138
11 400
After tax
35 693
38 048
34 362
33 100
Living cost
6 643
6 643
6 643
6 643
Free-cash
29 050
31 405
27 719
26 457

Estimated living cost  is ₴6643 per week

₴3878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴474
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.
₴2115
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
-₴13088
-₴10224
-₴2999
-₴11088
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
-
-
-
44 500
health
-
-
-
5 742
income
-
-
-
7 485
pensions
-
-
-
5 978
total
-
-
-
19 205
Employee
47 306
43 573
43 573
-
income

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

7 132
7 132
7 132
-
pensions
5 978
5 978
7 843
-
health
5 902
5 689
6 688
-
total
19 012
18 799
21 663
-
Employer
47 306
43 573
43 573
-
unemployment
1 703
1 569
1 569
-
health
3 287
3 029
3 029
-
pensions
3 292
3 033
3 033
-
total
8 282
7 631
7 631
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
27 294
26 430
29 294
19 205
After tax
17 206
18 070
15 206
25 295
Living cost
28 294
28 294
28 294
28 294
Free-cash
-11 088
-10 224
-13 088
-2 999

Estimated living cost  is ₴28294 per week

₴20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2527
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.
₴4571
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
₴10006
₴18062
₴9098
₴13575
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
-
-
-
44 500
social contributions
-
-
-
12 994
health
-
-
-
6 007
income
-
-
-
3 825
solidarity contribution
-
-
-
-
total
-
-
-
22 826
Employee
18 495
-
33 209
-
social contributions
1 202
-
2 159
-
solidarity contribution
-
-
-
-
income
2 219
-
3 985
-
health
2 497
-
4 483
-
total
5 918
-
10 627
-
Employer
18 495
-
33 209
-
health
1 665
-
2 989
-
social contributions
4 624
-
8 302
-
total
6 289
-
11 291
-
Corporate
19 717
44 500
-
-
income
3 746
8 455
-
-
total
3 746
8 455
-
-
Dividends
15 971
36 045
-
-
withholding
2 396
5 407
-
-
total
2 396
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 349
13 862
21 918
22 826
After tax
26 151
30 638
22 582
21 674
Living cost
12 576
12 576
12 576
12 576
Free-cash
13 575
18 062
10 006
9 098

Estimated living cost  is ₴12576 per week

₴8736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
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.
₴2699
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
-₴336
₴2212
₴1783
-₴848
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
-
-
-
44 500
social contributions
-
-
-
11 445
national
-
-
-
8 997
regional
-
-
-
480
municipal
-
-
-
264
total
-
-
-
21 186
Employee
45 348
-
44 500
-
social contributions
15 291
-
15 006
-
municipal
240
-
236
-
national
7 858
-
7 645
-
regional
428
-
418
-
total
23 817
-
23 305
-
Employer
45 348
-
44 500
-
total
-
-
-
-
Corporate
-
44 500
-
-
nationa
-
10 680
-
-
municipal
-
1 735
-
-
total
-
12 415
-
-
Dividends
-
32 085
-
-
withholding
-
8 342
-
-
total
-
8 342
-
-
Income
44 500
44 500
44 500
44 500
Total tax
23 817
20 757
23 305
21 186
After tax
20 683
23 743
21 195
23 314
Living cost
21 531
21 531
21 531
21 531
Free-cash
-848
2 212
-336
1 783

Estimated living cost  is ₴21531 per week

₴15008
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.
₴330
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.
₴4779
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
₴11453
₴16732
₴12304
₴15145
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
-
-
-
44 500
other
-
-
-
-
health
-
-
-
3 160
income
-
-
-
7 893
pensions
-
-
-
8 900
surtax
-
-
-
868
unemployment
-
-
-
116
total
-
-
-
20 937
Employee
16 874
-
36 760
-
surtax
55
-
769
-
income
2 828
-
7 334
-
other
-
-
-
-
pensions
1 125
-
2 452
-
health
431
-
937
-
unemployment
1 175
-
2 558
-
total
5 614
-
14 050
-
Employer
16 874
-
36 760
-
other
-
-
-
-
unemployment
534
-
1 165
-
health
768
-
1 672
-
pensions
2 249
-
4 901
-
total
3 551
-
7 738
-
Corporate
24 075
44 500
-
-
income
6 259
11 570
-
-
total
6 259
11 570
-
-
Dividends
17 816
32 930
-
-
withholding
2 672
4 939
-
-
total
2 672
4 939
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 096
16 509
21 788
20 937
After tax
26 404
27 991
22 712
23 563
Living cost
11 259
11 259
11 259
11 259
Free-cash
15 145
16 732
11 453
12 304

Estimated living cost  is ₴11259 per week

₴6885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴3076
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
₴5056
₴10338
₴10063
₴6376
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
-
-
-
44 500
income
-
-
-
8 268
pensions
-
-
-
3 165
total
-
-
-
11 433
Employee
31 928
-
39 282
-
income
5 750
-
7 015
-
health
463
-
614
-
pensions
2 710
-
3 593
-
total
8 923
-
11 222
-
Employer
31 928
-
39 282
-
health
607
-
746
-
pensions
3 456
-
4 472
-
total
4 063
-
5 218
-
Corporate
8 509
44 500
-
-
income

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

1 617
8 455
-
-
total
1 617
8 455
-
-
Dividends
6 892
36 045
-
-
withholding
517
2 703
-
-
total
517
2 703
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 120
11 158
16 440
11 433
After tax
29 380
33 342
28 060
33 067
Living cost
23 004
23 004
23 004
23 004
Free-cash
6 376
10 338
5 056
10 063

Estimated living cost  is ₴23004 per week

₴17235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴3804
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
-₴5774
-₴20535
-₴3500
-₴7903
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
-
-
-
44 500
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.

-
-
-
890
health
-
-
-
133
pensions
-
-
-
4 094
city
-
-
-
468
national
-
-
-
193
regional
-
-
-
1 338
total
-
-
-
7 116
Employee
47 845
-
39 829
-
national
226
-
162
-
city
513
-
427
-
pensions
4 020
-
3 347
-
health
108
-
89
-
regional
1 567
-
1 132
-
unemployment
-
-
-
-
total
6 434
-
5 157
-
Employer
47 845
-
39 829
-
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.

957
-
797
-
unemployment
-
-
-
-
health
108
-
89
-
pensions
4 020
-
3 347
-
total
5 085
-
4 233
-
Corporate
-
44 500
-
-
regional
-
9 412
-
-
national
-
3 782
-
-
total
-
13 194
-
-
Dividends
-
31 306
-
-
withholding
-
10 957
-
-
total
-
10 957
-
-
Income
44 500
44 500
44 500
44 500
Total tax
11 519
24 151
9 390
7 116
After tax
32 981
20 349
35 110
37 384
Living cost
40 884
40 884
40 884
40 884
Free-cash
-7 903
-20 535
-5 774
-3 500

Estimated living cost  is ₴40884 per week

₴26587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴502
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.
₴10127
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
₴9014
-₴1314
₴5451
₴6962
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.

-
-
-
44 500
health

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

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

-
-
-
3 486
income

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

-
-
-
8 176
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.

-
-
-
449
trade
-
-
-
3 563
total
-
-
-
15 674
Employee

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

30 665
-
44 500
-
surtax

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

198
-
449
-
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.

3 606
-
8 176
-
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.

3 486
-
3 486
-
total
7 290
-
12 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 835
44 500
-
-
chamber of commerce
97
140
-
-
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.

114
367
-
-
trade
2 372
7 632
-
-
income
2 075
6 675
-
-
total
4 658
14 814
-
-
Dividends
9 177
29 685
-
-
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.

115
398
-
-
withholding
2 100
7 227
-
-
total
2 215
7 625
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 163
22 439
12 111
15 674
After tax
30 337
22 061
32 389
28 826
Living cost
23 375
23 375
23 375
23 375
Free-cash
6 962
-1 314
9 014
5 451

Estimated living cost  is ₴23375 per week

₴17072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4130
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
₴8357
₴4971
₴8354
₴7983
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
-
-
-
44 500
other
-
-
-
1 380
social contributions
-
-
-
1 268
health
-
-
-
466
income
-
-
-
3 315
pensions
-
-
-
12 260
surtax
-
-
-
-
total
-
-
-
18 689
Employee
21 838
-
33 912
-
surtax
-
-
-
-
social contributions
623
-
966
-
income
1 289
-
3 295
-
pensions
2 469
-
3 835
-
total
4 381
-
8 096
-
Employer
21 838
-
33 912
-
other
753
-
1 170
-
unemployment
884
-
1 373
-
health
1 529
-
2 374
-
pensions
3 588
-
5 571
-
social contributions
66
-
102
-
total
6 820
-
10 590
-
Corporate
15 843
44 500
-
-
surtax
-
-
-
-
income
4 436
12 460
-
-
total
4 436
12 460
-
-
Dividends
11 407
32 040
-
-
social contributions
1 963
5 511
-
-
surtax
-
-
-
-
withholding
1 460
4 101
-
-
total
3 423
9 612
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 060
22 072
18 686
18 689
After tax
25 440
22 428
25 814
25 811
Living cost
17 457
17 457
17 457
17 457
Free-cash
7 983
4 971
8 357
8 354

Estimated living cost  is ₴17457 per week

₴11008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4734
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
₴10086
₴6700
₴10083
₴9535
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
-
-
-
44 500
other
-
-
-
1 380
social contributions
-
-
-
1 268
health
-
-
-
466
income
-
-
-
3 315
pensions
-
-
-
12 260
surtax
-
-
-
-
total
-
-
-
18 689
Employee
19 493
-
33 912
-
surtax
-
-
-
-
social contributions
556
-
966
-
income
1 005
-
3 295
-
pensions
2 205
-
3 835
-
total
3 766
-
8 096
-
Employer
19 493
-
33 912
-
other
673
-
1 170
-
unemployment
789
-
1 373
-
health
1 364
-
2 374
-
pensions
3 203
-
5 571
-
social contributions
58
-
102
-
total
6 087
-
10 590
-
Corporate
18 919
44 500
-
-
surtax
-
-
-
-
income
5 298
12 460
-
-
total
5 298
12 460
-
-
Dividends
13 622
32 040
-
-
social contributions
2 342
5 511
-
-
surtax
-
-
-
-
withholding
1 744
4 101
-
-
total
4 086
9 612
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 237
22 072
18 686
18 689
After tax
25 263
22 428
25 814
25 811
Living cost
15 728
15 728
15 728
15 728
Free-cash
9 535
6 700
10 086
10 083

Estimated living cost  is ₴15728 per week

₴9121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4711
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
₴18173
₴16330
₴17758
₴16593
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
-
-
-
44 500
social contributions
-
-
-
6 141
health
-
-
-
3 106
income
-
-
-
6 675
total
-
-
-
15 922
Employee
17 300
-
44 500
-
social contributions
2 388
-
6 141
-
income
2 886
-
6 260
-
health
1 207
-
3 106
-
total
6 481
-
15 507
-
Employer
17 300
-
44 500
-
total
-
-
-
-
Corporate
27 200
44 500
-
-
income

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

1 360
2 225
-
-
total
1 360
2 225
-
-
Dividends
25 839
42 275
-
-
social contributions
3 566
5 834
-
-
withholding
3 876
6 341
-
-
health
1 804
2 950
-
-
total
9 246
15 125
-
-
Income
44 500
44 500
44 500
44 500
Total tax
17 087
17 350
15 507
15 922
After tax
27 413
27 150
28 993
28 578
Living cost
10 820
10 820
10 820
10 820
Free-cash
16 593
16 330
18 173
17 758

Estimated living cost  is ₴10820 per week

₴7241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2662
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
-₴3355
₴7077
₴5186
₴6287
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
-
-
-
44 500
health
-
-
-
3 405
income
-
-
-
6 289
chamber of commerce
-
-
-
178
pensions
-
-
-
8 232
surtax
-
-
-
101
unemployment
-
-
-
3 130
total
-
-
-
21 335
Employee
25 500
20 334
34 476
-
income
2 903
1 500
5 476
-
other
255
203
345
-
pensions
2 611
2 082
3 530
-
health
987
787
1 334
-
unemployment
765
610
1 034
-
total
7 521
5 182
11 719
-
Employer
25 500
20 334
34 476
-
other
1 211
965
1 638
-
unemployment
765
610
1 034
-
health
963
769
1 303
-
surtax
101
101
101
-
accident
331
264
448
-
pensions
3 200
2 552
4 326
-
payroll
765
610
1 034
-
chamber of commerce
102
81
137
-
total
7 438
5 952
10 021
-
Corporate
11 562
18 213
32 541
-
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.

2 890
4 553
8 136
-
total
2 890
4 553
8 136
-
Dividends
8 671
13 660
-
-
withholding
2 385
3 757
-
-
total
2 385
3 757
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 234
19 444
29 876
21 335
After tax
24 266
25 056
14 624
23 165
Living cost
17 979
17 979
17 979
17 979
Free-cash
6 287
7 077
-3 355
5 186

Estimated living cost  is ₴17979 per week

₴11991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4159
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
-₴867
₴6377
₴3029
-₴2622
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
-
-
-
44 500
social contributions
-
-
-
6 589
communal

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

-
-
-
2 275
national
-
-
-
14 003
total
-
-
-
22 867
Employee

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

36 498
-
34 467
-
national
11 221
-
10 426
-
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.

2 737
-
2 585
-
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.

1 715
-
1 620
-
communal

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

1 904
-
1 798
-
unemployment

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

318
-
300
-
total
17 895
-
16 729
-
Employer

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

36 498
-
34 467
-
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.

533
-
504
-
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.

2 244
-
2 120
-
surtax
4 138
-
3 908
-
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.

474
-
448
-
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.

3 234
-
3 054
-
total
10 623
-
10 034
-
Corporate
-
44 500
-
-
surtax
-
178
-
-
income
-
8 900
-
-
total
-
9 078
-
-
Dividends
-
35 422
-
-
withholding

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

-
10 441
-
-
total
-
10 441
-
-
Income
44 500
44 500
44 500
44 500
Total tax
28 518
19 519
26 763
22 867
After tax
15 982
24 981
17 737
21 633
Living cost
18 604
18 604
18 604
18 604
Free-cash
-2 622
6 377
-867
3 029

Estimated living cost  is ₴18604 per week

₴11984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4703
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
₴5470
₴11571
₴5152
₴7506
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
-
-
-
44 500
other
-
-
-
45
accident
-
-
-
401
income
-
-
-
7 569
pensions
-
-
-
12 594
unemployment
-
-
-
312
total
-
-
-
20 921
Employee
25 399
-
33 742
-
income
5 359
-
7 703
-
other
25
-
34
-
pensions
1 194
-
1 586
-
unemployment
394
-
523
-
total
6 972
-
9 846
-
Employer
25 399
-
33 742
-
other
202
-
270
-
unemployment
1 397
-
1 856
-
accident
503
-
668
-
pensions
5 994
-
7 963
-
total
8 096
-
10 757
-
Corporate
11 005
44 500
-
-
income

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

1 651
6 675
-
-
total
1 651
6 675
-
-
Dividends
9 354
37 825
-
-
withholding
1 848
7 827
-
-
total
1 848
7 827
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 567
14 502
20 603
20 921
After tax
25 933
29 998
23 897
23 579
Living cost
18 427
18 427
18 427
18 427
Free-cash
7 506
11 571
5 470
5 152

Estimated living cost  is ₴18427 per week

₴13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴3284
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
₴633
-₴312
-₴1537
-₴3483
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
-
-
-
44 500
health
-
-
-
3 127
accident
-
-
-
375
income
-
-
-
3 117
pensions
-
-
-
6 670
communal
-
-
-
2 813
surtax
-
-
-
2 206
total
-
-
-
18 308
Employee
38 641
-
39 751
-
surtax
2 368
-
2 436
-
income
3 732
-
4 004
-
pensions
3 091
-
3 180
-
health
1 720
-
1 769
-
total
10 911
-
11 389
-
Employer
38 641
-
39 751
-
health
1 178
-
1 212
-
accident
348
-
357
-
pensions
3 091
-
3 180
-
total
4 617
-
4 749
-
Corporate
1 243
44 500
-
-
surtax
14
468
-
-
income
187
6 675
-
-
communal
-
3 004
-
-
total
201
10 147
-
-
Dividends
1 042
34 353
-
-
income
4 369
1 783
-
-
withholding
156
5 153
-
-
total
4 525
6 936
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 254
17 083
16 138
18 308
After tax
24 246
27 417
28 362
26 192
Living cost
27 729
27 729
27 729
27 729
Free-cash
-3 483
-312
633
-1 537

Estimated living cost  is ₴27729 per week

₴20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4954
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
₴11251
₴16530
₴12102
₴14906
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
-
-
-
44 500
other
-
-
-
-
health
-
-
-
3 160
income
-
-
-
7 893
pensions
-
-
-
8 900
surtax
-
-
-
868
unemployment
-
-
-
116
total
-
-
-
20 937
Employee
17 183
-
36 760
-
surtax
61
-
769
-
income
2 881
-
7 334
-
other
-
-
-
-
pensions
1 146
-
2 452
-
health
439
-
937
-
unemployment
1 196
-
2 558
-
total
5 723
-
14 050
-
Employer
17 183
-
36 760
-
other
-
-
-
-
unemployment
545
-
1 165
-
health
781
-
1 672
-
pensions
2 291
-
4 901
-
total
3 617
-
7 738
-
Corporate
23 699
44 500
-
-
income
6 162
11 570
-
-
total
6 162
11 570
-
-
Dividends
17 537
32 930
-
-
withholding
2 631
4 939
-
-
total
2 631
4 939
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 133
16 509
21 788
20 937
After tax
26 367
27 991
22 712
23 563
Living cost
11 461
11 461
11 461
11 461
Free-cash
14 906
16 530
11 251
12 102

Estimated living cost  is ₴11461 per week

₴6919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3280
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
₴7269
₴9645
₴9378
₴8513
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
-
-
-
44 500
social contributions
-
-
-
11 445
national
-
-
-
8 997
regional
-
-
-
671
municipal
-
-
-
264
total
-
-
-
21 377
Employee
28 304
-
44 500
-
social contributions
9 544
-
15 006
-
municipal
150
-
236
-
national
4 484
-
7 645
-
regional
381
-
599
-
total
14 559
-
23 486
-
Employer
28 304
-
44 500
-
total
-
-
-
-
Corporate
16 196
44 500
-
-
nationa
3 887
10 680
-
-
municipal
805
2 212
-
-
total
4 692
12 892
-
-
Dividends
11 505
31 608
-
-
withholding
2 991
8 218
-
-
total
2 991
8 218
-
-
Income
44 500
44 500
44 500
44 500
Total tax
22 242
21 110
23 486
21 377
After tax
22 258
23 390
21 014
23 123
Living cost
13 745
13 745
13 745
13 745
Free-cash
8 513
9 645
7 269
9 378

Estimated living cost  is ₴13745 per week

₴8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1392
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.
₴3569
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
₴7085
₴15141
₴6177
₴9612
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
-
-
-
44 500
social contributions
-
-
-
12 994
health
-
-
-
6 007
income
-
-
-
3 825
solidarity contribution
-
-
-
-
total
-
-
-
22 826
Employee
22 790
-
33 209
-
social contributions
1 481
-
2 159
-
solidarity contribution
-
-
-
-
income
2 735
-
3 985
-
health
3 077
-
4 483
-
total
7 293
-
10 627
-
Employer
22 790
-
33 209
-
health
2 051
-
2 989
-
social contributions
5 698
-
8 302
-
total
7 749
-
11 291
-
Corporate
13 961
44 500
-
-
income
2 653
8 455
-
-
total
2 653
8 455
-
-
Dividends
11 308
36 045
-
-
withholding
1 696
5 407
-
-
total
1 696
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 391
13 862
21 918
22 826
After tax
25 109
30 638
22 582
21 674
Living cost
15 497
15 497
15 497
15 497
Free-cash
9 612
15 141
7 085
6 177

Estimated living cost  is ₴15497 per week

₴11525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴2846
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
-₴1634
₴8833
₴6987
₴8579
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
-
-
-
44 500
health
-
-
-
3 405
income
-
-
-
6 289
chamber of commerce
-
-
-
178
pensions
-
-
-
8 232
surtax
-
-
-
-
unemployment
-
-
-
3 130
total
-
-
-
21 234
Employee
22 304
20 334
34 554
-
income
1 987
1 500
5 498
-
other
223
203
346
-
pensions
2 284
2 082
3 538
-
health
863
787
1 337
-
unemployment
669
610
1 037
-
total
6 026
5 182
11 756
-
Employer
22 304
20 334
34 554
-
other
1 059
965
1 641
-
unemployment
669
610
1 037
-
health
843
769
1 306
-
surtax
-
-
-
-
accident
290
264
449
-
pensions
2 799
2 552
4 337
-
payroll
669
610
1 037
-
chamber of commerce
89
81
138
-
total
6 418
5 851
9 945
-
Corporate
15 777
18 314
32 617
-
income

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

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

3 944
4 578
8 154
-
total
3 944
4 578
8 154
-
Dividends
11 833
13 736
-
-
withholding
3 254
3 777
-
-
total
3 254
3 777
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 642
19 388
29 855
21 234
After tax
24 858
25 112
14 645
23 266
Living cost
16 279
16 279
16 279
16 279
Free-cash
8 579
8 833
-1 634
6 987

Estimated living cost  is ₴16279 per week

₴9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1663
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
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.
₴4561
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
₴28964
₴35639
₴37419
₴34395
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%.

-
-
-
44 500
microenterprise

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

-
-
-
445
total
-
-
-
445
Employee
8 295
-
44 500
-
income
1 659
-
8 900
-
total
1 659
-
8 900
-
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%.

36 205
44 500
-
-
total
-
-
-
-
Dividends
36 205
44 500
-
-
withholding
1 810
2 225
-
-
total
1 810
2 225
-
-
Income
44 500
44 500
44 500
44 500
Total tax
3 469
2 225
8 900
445
After tax
41 031
42 275
35 600
44 055
Living cost
6 636
6 636
6 636
6 636
Free-cash
34 395
35 639
28 964
37 419

Estimated living cost  is ₴6636 per week

₴4491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
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.
₴1644
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
₴8347
₴16952
₴9623
₴12684
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.

-
-
-
44 500
health
-
-
-
4 379
income
-
-
-
8 618
pensions
-
-
-
8 127
unemployment
-
-
-
67
total
-
-
-
21 191
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.

22 563
-
38 504
-
income
3 891
-
7 961
-
pensions
3 497
-
5 969
-
health
1 457
-
2 488
-
unemployment
32
-
54
-
total
8 877
-
16 472
-
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.

22 563
-
38 504
-
unemployment
14
-
23
-
health
1 503
-
2 565
-
pensions
1 997
-
3 407
-
total
3 514
-
5 995
-
Corporate
18 424
44 500
-
-
income
3 500
8 455
-
-
total
3 500
8 455
-
-
Dividends
14 923
36 045
-
-
withholding
2 239
5 407
-
-
total
2 239
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 130
13 862
22 467
21 191
After tax
26 370
30 638
22 033
23 309
Living cost
13 686
13 686
13 686
13 686
Free-cash
12 684
16 952
8 347
9 623

Estimated living cost  is ₴13686 per week

₴9392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴3152
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
₴14473
₴4063
₴7742
-₴35017
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
-
-
-
44 500
social contributions
-
-
-
5 073
income
-
-
-
8 674
total
-
-
-
13 747
Employee
32 994
-
-
-
social contributions
2 706
-
386
-
income
7 278
-
-
-
total
9 984
-
386
-
Employer
32 994
-
-
-
social contributions
46 522
-
6 630
-
total
46 522
-
6 630
-
Corporate
-
44 500
-
-
income
-
9 790
-
-
total
-
9 790
-
-
Dividends
-
34 710
-
-
income
-
7 636
-
-
total
-
7 636
-
-
Income
44 500
44 500
44 500
44 500
Total tax
56 506
17 426
7 016
13 747
After tax
-12 006
27 074
37 484
30 753
Living cost
23 011
23 011
23 011
23 011
Free-cash
-35 017
4 063
14 473
7 742

Estimated living cost  is ₴23011 per week

₴14930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴5623
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
₴7072
₴9306
₴9080
₴8794
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.

-
-
-
44 500
social contributions

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

-
-
-
15 464
income
-
-
-
3 951
surtax
-
-
-
-
total
-
-
-
19 415
Employee
23 467
-
35 960
-
surtax
-
-
-
-
social contributions
2 581
-
3 955
-
income
4 881
-
8 928
-
total
7 462
-
12 883
-
Employer
23 467
-
35 960
-
social contributions
5 573
-
8 540
-
total
5 573
-
8 540
-
Corporate
15 459
44 500
-
-
surtax
-
-
-
-
income
3 247
9 345
-
-
total
3 247
9 345
-
-
Dividends
12 212
35 155
-
-
withholding
3 419
9 844
-
-
total
3 419
9 844
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 701
19 189
21 423
19 415
After tax
24 799
25 311
23 077
25 085
Living cost
16 005
16 005
16 005
16 005
Free-cash
8 794
9 306
7 072
9 080

Estimated living cost  is ₴16005 per week

₴11975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴2819
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
₴1170
-₴2216
₴1167
₴1289
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
-
-
-
44 500
other
-
-
-
1 380
social contributions
-
-
-
1 268
health
-
-
-
466
income
-
-
-
3 315
pensions
-
-
-
12 260
surtax
-
-
-
-
total
-
-
-
18 689
Employee
31 958
-
33 912
-
surtax
-
-
-
-
social contributions
910
-
966
-
income
2 788
-
3 295
-
pensions
3 615
-
3 835
-
total
7 313
-
8 096
-
Employer
31 958
-
33 912
-
other
1 103
-
1 170
-
unemployment
1 295
-
1 373
-
health
2 237
-
2 374
-
pensions
5 251
-
5 571
-
social contributions
96
-
102
-
total
9 982
-
10 590
-
Corporate
2 561
44 500
-
-
surtax
-
-
-
-
income
718
12 460
-
-
total
718
12 460
-
-
Dividends
1 844
32 040
-
-
social contributions
318
5 511
-
-
surtax
-
-
-
-
withholding
236
4 101
-
-
total
554
9 612
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 567
22 072
18 686
18 689
After tax
25 933
22 428
25 814
25 811
Living cost
24 644
24 644
24 644
24 644
Free-cash
1 289
-2 216
1 170
1 167

Estimated living cost  is ₴24644 per week

₴16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴338
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.
₴5611
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
₴20047
₴24712
₴18799
₴22998
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
-
-
-
44 500
income
-
-
-
573
social contributions
-
-
-
9 790
total
-
-
-
10 363
Employee
16 404
-
38 529
-
income
-
-
639
-
social contributions
1 066
-
2 505
-
total
1 066
-
3 144
-
Employer
16 404
-
38 529
-
social contributions
2 543
-
5 971
-
total
2 543
-
5 971
-
Corporate
25 553
44 500
-
-
income
2 555
4 450
-
-
total
2 555
4 450
-
-
Dividends
22 998
40 050
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
6 164
4 450
9 115
10 363
After tax
38 336
40 050
35 385
34 137
Living cost
15 338
15 338
15 338
15 338
Free-cash
22 998
24 712
20 047
18 799

Estimated living cost  is ₴15338 per week

₴9917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴3976
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
-₴66513
-₴66513
₴3365
-₴66513
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
-
-
-
44 500
labour market
-
-
-
3 525
pensions
-
-
-
442
national
-
-
-
4 621
municipal
-
-
-
8 008
total
-
-
-
16 596
Employee
103 573
103 573
103 573
-
labour market
8 274
8 274
8 274
-
municipal
22 055
22 055
22 055
-
national
12 653
12 653
12 653
-
pensions
147
147
147
-
total
43 129
43 129
43 129
-
Employer
103 573
103 573
103 573
-
national
12 675
12 675
12 675
-
labour market
8 286
8 286
8 286
-
pensions
294
294
294
-
municipal
22 090
22 090
22 090
-
total
43 345
43 345
43 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
86 474
86 474
86 474
16 596
After tax
-41 974
-41 974
-41 974
27 904
Living cost
24 539
24 539
24 539
24 539
Free-cash
-66 513
-66 513
-66 513
3 365

Estimated living cost  is ₴24539 per week

₴16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴377
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.
₴5196
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
₴11426
-₴7528
₴19454
₴1899
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
-
-
-
44 500
other
-
-
-
190
health
-
-
-
1 120
accident
-
-
-
130
income
-
-
-
10 337
pensions
-
-
-
2 137
total
-
-
-
13 914
Employee
17 512
-
37 305
-
income
2 402
-
6 558
-
pensions
1 972
-
3 918
-
health
2 005
-
4 271
-
total
6 379
-
14 747
-
Employer
17 512
-
37 305
-
unemployment
429
-
914
-
accident
292
-
623
-
pensions
2 847
-
5 658
-
total
3 568
-
7 195
-
Corporate
23 419
44 500
-
-
income

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

21 077
40 050
-
-
total
21 077
40 050
-
-
Dividends
2 342
4 450
-
-
withholding
445
846
-
-
total
445
846
-
-
Income
44 500
44 500
44 500
44 500
Total tax
31 469
40 896
21 942
13 914
After tax
13 031
3 604
22 558
30 586
Living cost
11 132
11 132
11 132
11 132
Free-cash
1 899
-7 528
11 426
19 454

Estimated living cost  is ₴11132 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴635
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.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴6312
₴10496
₴12741
₴8714
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

-
-
-
44 500
health
-
-
-
473
national
-
-
-
3 772
municipal
-
-
-
7 924
total
-
-
-
12 169
Employee
26 845
-
37 435
-
municipal
4 397
-
6 117
-
national
443
-
1 964
-
pensions
1 812
-
2 527
-
health
200
-
363
-
unemployment
403
-
562
-
total
7 255
-
11 533
-
Employer
26 845
-
37 435
-
unemployment
174
-
243
-
health
206
-
289
-
accident
27
-
38
-
pensions
4 657
-
6 495
-
total
5 064
-
7 065
-
Corporate
12 590
44 500
-
-
income
2 518
8 900
-
-
total
2 518
8 900
-
-
Dividends

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

7 554
26 700
-
-
national
-
708
-
-
municipal
1 359
4 806
-
-
total
1 359
5 514
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 196
14 414
18 598
12 169
After tax
28 304
30 086
25 902
32 331
Living cost
19 590
19 590
19 590
19 590
Free-cash
8 714
10 496
6 312
12 741

Estimated living cost  is ₴19590 per week

₴12796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4598
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
₴20599
₴20798
₴20644
₴18022
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
-
-
-
44 500
social contributions
-
-
-
6 942
health
-
-
-
1 135
income
-
-
-
3 965
total
-
-
-
12 042
Employee
39 236
39 236
40 399
-
social contributions
1 483
3 256
3 353
-
income
4 272
3 632
3 946
-
health
304
667
687
-
total
6 059
7 555
7 986
-
Employer
39 236
39 236
40 399
-
health
330
726
748
-
social contributions
1 483
3 256
3 353
-
total
1 813
3 982
4 101
-
Corporate
24 813
1 282
-
-
income
3 101
160
-
-
total
3 101
160
-
-
Dividends
21 712
1 122
-
-
withholding
3 691
191
-
-
total
3 691
191
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 664
11 888
12 087
12 042
After tax
29 836
32 612
32 413
32 458
Living cost
11 814
11 814
11 814
11 814
Free-cash
18 022
20 798
20 599
20 644

Estimated living cost  is ₴11814 per week

₴7080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3313
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
₴19368
₴28749
₴27138
₴26154
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
-
-
-
44 500
health
-
-
-
1 847
income
-
-
-
4 153
pensions
-
-
-
3 246
unemployment
-
-
-
15
total
-
-
-
9 261
Employee

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

11 712
-
40 344
-
income
801
-
3 193
-
pensions
1 756
-
6 052
-
health
995
-
3 430
-
unemployment
58
-
201
-
total
3 610
-
12 876
-
Employer

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

11 712
-
40 344
-
unemployment
58
-
201
-
health
504
-
1 735
-
pensions
644
-
2 219
-
total
1 206
-
4 155
-
Corporate
31 583
44 500
-
-
income
2 843
4 005
-
-
total
2 843
4 005
-
-
Dividends
28 740
40 495
-
-
withholding
2 586
3 645
-
-
total
2 586
3 645
-
-
Income
44 500
44 500
44 500
44 500
Total tax
10 245
7 650
17 031
9 261
After tax
34 255
36 850
27 469
35 239
Living cost
8 101
8 101
8 101
8 101
Free-cash
26 154
28 749
19 368
27 138

Estimated living cost  is ₴8101 per week

₴5169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2107
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
₴9866
₴15967
₴9548
₴13291
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
-
-
-
44 500
other
-
-
-
45
accident
-
-
-
401
income
-
-
-
7 569
pensions
-
-
-
12 594
unemployment
-
-
-
312
total
-
-
-
20 921
Employee
18 867
-
33 742
-
income
3 637
-
7 703
-
other
18
-
34
-
pensions
887
-
1 586
-
unemployment
292
-
523
-
total
4 834
-
9 846
-
Employer
18 867
-
33 742
-
other
151
-
270
-
unemployment
1 038
-
1 856
-
accident
374
-
668
-
pensions
4 452
-
7 963
-
total
6 015
-
10 757
-
Corporate
19 618
44 500
-
-
income

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

2 943
6 675
-
-
total
2 943
6 675
-
-
Dividends
16 676
37 825
-
-
withholding
3 386
7 827
-
-
total
3 386
7 827
-
-
Income
44 500
44 500
44 500
44 500
Total tax
17 178
14 502
20 603
20 921
After tax
27 322
29 998
23 897
23 579
Living cost
14 031
14 031
14 031
14 031
Free-cash
13 291
15 967
9 866
9 548

Estimated living cost  is ₴14031 per week

₴9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2966
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
₴27360
₴26824
₴27426
₴26669
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
-
-
-
44 500
health
-
-
-
499
income
-
-
-
14 942
pensions
-
-
-
689
total
-
-
-
16 130
Employee
1 438
-
43 725
-
income
278
-
14 905
-
pensions
129
-
310
-
health
72
-
172
-
unemployment
14
-
34
-
total
493
-
15 421
-
Employer
1 438
-
43 725
-
unemployment
29
-
69
-
health
137
-
327
-
pensions
158
-
379
-
total
324
-
775
-
Corporate
42 739
44 500
-
-
income
9 403
9 790
-
-
total
9 403
9 790
-
-
Dividends
33 336
34 710
-
-
withholding
6 667
6 942
-
-
total
6 667
6 942
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 887
16 732
16 196
16 130
After tax
27 613
27 768
28 304
28 370
Living cost
944
944
944
944
Free-cash
26 669
26 824
27 360
27 426

Estimated living cost  is ₴944 per week

₴561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴285
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
₴13959
₴23345
₴13960
₴20838
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.

-
-
-
44 500
health
-
-
-
3 876
income
-
-
-
7 510
pensions
-
-
-
9 784
unemployment
-
-
-
564
total
-
-
-
21 734
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.

13 279
-
37 764
-
income
1 830
-
7 510
-
pensions
1 859
-
5 269
-
health
684
-
1 938
-
unemployment
100
-
282
-
total
4 473
-
14 999
-
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.

13 279
-
37 764
-
unemployment
100
-
282
-
health
684
-
1 938
-
pensions
1 594
-
4 516
-
total
2 378
-
6 736
-
Corporate
28 844
44 500
-
-
income
4 327
6 675
-
-
total
4 327
6 675
-
-
Dividends
24 517
37 825
-
-
withholding
3 678
5 674
-
-
total
3 678
5 674
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 856
12 349
21 735
21 734
After tax
29 644
32 151
22 765
22 766
Living cost
8 806
8 806
8 806
8 806
Free-cash
20 838
23 345
13 959
13 960

Estimated living cost  is ₴8806 per week

₴5929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴1941
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
₴9321
₴11555
₴11329
₴11371
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.

-
-
-
44 500
social contributions

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

-
-
-
15 464
income
-
-
-
3 951
surtax
-
-
-
-
total
-
-
-
19 415
Employee
19 804
-
35 960
-
surtax
-
-
-
-
social contributions
2 179
-
3 955
-
income
3 870
-
8 928
-
total
6 049
-
12 883
-
Employer
19 804
-
35 960
-
social contributions
4 703
-
8 540
-
total
4 703
-
8 540
-
Corporate
19 993
44 500
-
-
surtax
-
-
-
-
income
4 199
9 345
-
-
total
4 199
9 345
-
-
Dividends
15 795
35 155
-
-
withholding
4 422
9 844
-
-
total
4 422
9 844
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 373
19 189
21 423
19 415
After tax
25 127
25 311
23 077
25 085
Living cost
13 756
13 756
13 756
13 756
Free-cash
11 371
11 555
9 321
11 329

Estimated living cost  is ₴13756 per week

₴9743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴956
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.
₴2814
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
₴5965
₴12066
₴5647
₴8173
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
-
-
-
44 500
other
-
-
-
45
accident
-
-
-
401
income
-
-
-
7 569
pensions
-
-
-
12 594
unemployment
-
-
-
312
total
-
-
-
20 921
Employee
24 643
-
33 742
-
income
5 147
-
7 703
-
other
24
-
34
-
pensions
1 158
-
1 586
-
unemployment
382
-
523
-
total
6 711
-
9 846
-
Employer
24 643
-
33 742
-
other
198
-
270
-
unemployment
1 356
-
1 856
-
accident
488
-
668
-
pensions
5 816
-
7 963
-
total
7 858
-
10 757
-
Corporate
12 001
44 500
-
-
income

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

1 800
6 675
-
-
total
1 800
6 675
-
-
Dividends
10 201
37 825
-
-
withholding
2 026
7 827
-
-
total
2 026
7 827
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 395
14 502
20 603
20 921
After tax
26 105
29 998
23 897
23 579
Living cost
17 932
17 932
17 932
17 932
Free-cash
8 173
12 066
5 965
5 647

Estimated living cost  is ₴17932 per week

₴12878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3407
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
₴25646
₴29332
₴24384
₴26245
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
-
-
-
44 500
health
-
-
-
2 035
income
-
-
-
6 675
pensions

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

-
-
-
2 619
unemployment
-
-
-
71
total
-
-
-
11 400
Employee
11 542
-
41 028
-
income
1 154
-
4 103
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 013
-
1 554
-
health
531
-
814
-
total
2 825
-
6 666
-
Employer
11 542
-
41 028
-
unemployment
69
-
106
-
health
796
-
1 221
-
accident

We are using the highest rate at 1.1%.

127
-
195
-
pensions

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

1 272
-
1 950
-
total
2 264
-
3 472
-
Corporate
30 694
44 500
-
-
income
3 069
4 450
-
-
total
3 069
4 450
-
-
Dividends
27 625
40 050
-
-
withholding
1 381
2 002
-
-
total
1 381
2 002
-
-
Income
44 500
44 500
44 500
44 500
Total tax
9 539
6 452
10 138
11 400
After tax
34 961
38 048
34 362
33 100
Living cost
8 716
8 716
8 716
8 716
Free-cash
26 245
29 332
25 646
24 384

Estimated living cost  is ₴8716 per week

₴5765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2245
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
₴12690
₴3279
₴9709
₴9952
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.

-
-
-
44 500
health

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

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

-
-
-
3 486
income

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

-
-
-
8 176
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.

-
-
-
449
trade
-
-
-
2 981
total
-
-
-
15 092
Employee

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

25 388
-
44 500
-
surtax

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

115
-
449
-
income

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

2 088
-
8 176
-
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.

3 486
-
3 486
-
total
5 689
-
12 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 112
44 500
-
-
chamber of commerce
106
142
-
-
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
367
-
-
trade
2 742
6 386
-
-
income
2 867
6 675
-
-
total
5 873
13 570
-
-
Dividends
13 239
30 929
-
-
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.

171
414
-
-
withholding
3 116
7 538
-
-
total
3 287
7 952
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 849
21 522
12 111
15 092
After tax
29 651
22 978
32 389
29 408
Living cost
19 699
19 699
19 699
19 699
Free-cash
9 952
3 279
12 690
9 709

Estimated living cost  is ₴19699 per week

₴13589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
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.
₴3705
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
₴2248
₴2084
₴2248
₴3211
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
-
-
-
44 500
income
-
-
-
9 366
social contributions
-
-
-
3 820
total
-
-
-
13 186
Employee
39 913
-
44 500
-
income
7 531
-
9 366
-
social contributions
3 316
-
3 820
-
total
10 847
-
13 186
-
Employer
39 913
-
44 500
-
total
-
-
-
-
Corporate
4 587
44 500
-
-
income
573
5 563
-
-
total
573
5 563
-
-
Dividends
4 014
38 937
-
-
withholding
803
7 787
-
-
total
803
7 787
-
-
Income
44 500
44 500
44 500
44 500
Total tax
12 223
13 350
13 186
13 186
After tax
32 277
31 150
31 314
31 314
Living cost
29 066
29 066
29 066
29 066
Free-cash
3 211
2 084
2 248
2 248

Estimated living cost  is ₴29066 per week

₴22113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4307
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
₴14059
₴7707
₴8293
₴10358
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.

-
-
-
44 500
income
-
-
-
14 524
health

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

-
-
-
3 161
total
-
-
-
17 685
Employee
23 407
-
42 153
-
income
2 540
-
7 225
-
social contributions
2 345
-
2 347
-
total
4 885
-
9 572
-
Employer
23 407
-
42 153
-
social contributions
2 345
-
2 347
-
total
2 345
-
2 347
-
Corporate
18 748
44 500
-
-
income
6 562
15 575
-
-
total
6 562
15 575
-
-
Dividends
12 186
28 925
-
-
social contributions
1 828
2 696
-
-
total
1 828
2 696
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 620
18 271
11 919
17 685
After tax
28 880
26 229
32 581
26 815
Living cost
18 522
18 522
18 522
18 522
Free-cash
10 358
7 707
14 059
8 293

Estimated living cost  is ₴18522 per week

₴12200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1460
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.
₴4577
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
₴9358
₴14640
₴14365
₴11798
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
-
-
-
44 500
income
-
-
-
8 268
pensions
-
-
-
3 165
total
-
-
-
11 433
Employee
25 671
-
39 282
-
income
4 675
-
7 015
-
health
335
-
614
-
pensions
1 959
-
3 593
-
total
6 969
-
11 222
-
Employer
25 671
-
39 282
-
health
488
-
746
-
pensions
2 594
-
4 472
-
total
3 082
-
5 218
-
Corporate
15 748
44 500
-
-
income

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

2 992
8 455
-
-
total
2 992
8 455
-
-
Dividends
12 756
36 045
-
-
withholding
957
2 703
-
-
total
957
2 703
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 000
11 158
16 440
11 433
After tax
30 500
33 342
28 060
33 067
Living cost
18 702
18 702
18 702
18 702
Free-cash
11 798
14 640
9 358
14 365

Estimated living cost  is ₴18702 per week

₴12829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1720
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.
₴3918
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
₴10323
-₴8631
₴18351
₴1730
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
-
-
-
44 500
other
-
-
-
190
health
-
-
-
1 120
accident
-
-
-
130
income
-
-
-
10 337
pensions
-
-
-
2 137
total
-
-
-
13 914
Employee
19 245
-
37 305
-
income
2 640
-
6 558
-
pensions
2 167
-
3 918
-
health
2 203
-
4 271
-
total
7 010
-
14 747
-
Employer
19 245
-
37 305
-
unemployment
471
-
914
-
accident
321
-
623
-
pensions
3 129
-
5 658
-
total
3 921
-
7 195
-
Corporate
21 333
44 500
-
-
income

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

19 199
40 050
-
-
total
19 199
40 050
-
-
Dividends
2 133
4 450
-
-
withholding
405
846
-
-
total
405
846
-
-
Income
44 500
44 500
44 500
44 500
Total tax
30 535
40 896
21 942
13 914
After tax
13 965
3 604
22 558
30 586
Living cost
12 235
12 235
12 235
12 235
Free-cash
1 730
-8 631
10 323
18 351

Estimated living cost  is ₴12235 per week

₴8979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2296
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
₴19764
₴30944
₴18729
₴28467
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.

-
-
-
44 500
income
-
-
-
6 653
health insurance
-
-
-
3 293
work injury
-
-
-
222
pensions
-
-
-
8 188
unemployment
-
-
-
534
total
-
-
-
18 890
Employee

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

11 010
-
44 500
-
income
1 101
-
6 653
-
work injury
55
-
204
-
health insurance
815
-
3 014
-
pensions
2 026
-
7 495
-
unemployment
132
-
489
-
total
4 129
-
17 855
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 490
44 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
33 490
44 500
-
-
withholding
5 023
6 675
-
-
total
5 023
6 675
-
-
Income
44 500
44 500
44 500
44 500
Total tax
9 152
6 675
17 855
18 890
After tax
35 348
37 825
26 645
25 610
Living cost
6 881
6 881
6 881
6 881
Free-cash
28 467
30 944
19 764
18 729

Estimated living cost  is ₴6881 per week

₴4263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₴568
₴3113
₴2606
₴791
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
-
-
-
44 500
social contributions
-
-
-
11 445
national
-
-
-
8 997
regional
-
-
-
828
municipal
-
-
-
297
total
-
-
-
21 567
Employee
42 997
-
44 500
-
social contributions
14 498
-
15 006
-
municipal
257
-
265
-
national
7 266
-
7 645
-
regional
649
-
689
-
total
22 670
-
23 605
-
Employer
42 997
-
44 500
-
total
-
-
-
-
Corporate
1 503
44 500
-
-
nationa
361
10 680
-
-
municipal
73
2 145
-
-
total
434
12 825
-
-
Dividends
1 070
31 675
-
-
withholding
278
8 235
-
-
total
278
8 235
-
-
Income
44 500
44 500
44 500
44 500
Total tax
23 382
21 060
23 605
21 567
After tax
21 118
23 440
20 895
22 933
Living cost
20 327
20 327
20 327
20 327
Free-cash
791
3 113
568
2 606

Estimated living cost  is ₴20327 per week

₴14278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4343
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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