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
₴12843
₴7278
₴17082
₴13757
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
trade
-
-
-
3 325
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.

-
-
-
8 288
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.

-
-
-
3 437
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.

-
-
-
456
total
-
-
-
15 506
Employee

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

19 240
-
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
-
456
-
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.

3 437
-
3 437
-
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.

537
-
8 288
-
total
4 004
-
12 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 260
44 500
-
-
trade
3 979
7 009
-
-
income
3 789
6 675
-
-
surtax

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

208
368
-
-
chamber of commerce
113
140
-
-
total
8 089
14 192
-
-
Dividends
17 171
30 309
-
-
withholding
4 102
7 386
-
-
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.

225
407
-
-
total
4 327
7 793
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 420
21 985
12 181
15 506
After tax
28 080
22 515
32 319
28 994
Living cost
15 237
15 237
15 237
15 237
Free-cash
12 843
7 278
17 082
13 757

Estimated living cost  is ₴15237 per week

₴9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1777
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.
₴3591
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
₴744
₴1890
₴1542
₴1195
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
municipal
-
-
-
4 553
national
-
-
-
7 056
total
-
-
-
17 427
Employee
40 116
-
38 470
-
national
7 678
-
7 323
-
municipal
4 955
-
4 726
-
pensions
1 605
-
1 539
-
total
14 238
-
13 588
-
Employer
40 116
-
38 470
-
pensions
3 209
-
3 078
-
social contributions
431
-
414
-
total
3 640
-
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
17 878
16 732
17 080
17 427
After tax
26 622
27 768
27 420
27 073
Living cost
25 878
25 878
25 878
25 878
Free-cash
744
1 890
1 542
1 195

Estimated living cost  is ₴25878 per week

₴17589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴387
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.
₴5496
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
₴21008
₴25135
₴14684
₴13356
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.

-
-
-
14 307
income
-
-
-
6 372
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
20 679
Employee
14 699
-
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.

1 617
-
3 944
-
income
2 617
-
6 768
-
total
4 234
-
10 712
-
Employer
14 699
-
35 861
-
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.

3 541
-
8 639
-
surtax
-
-
-
-
total
3 541
-
8 639
-
Corporate
26 260
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%.

5 252
8 900
-
-
total
5 252
8 900
-
-
Dividends

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

21 008
35 600
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
13 027
8 900
19 351
20 679
After tax
31 473
35 600
25 149
23 821
Living cost
10 465
10 465
10 465
10 465
Free-cash
21 008
25 135
14 684
13 356

Estimated living cost  is ₴10465 per week

₴6677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2555
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
-₴5451
-₴2628
-₴5451
₴4218
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
-
-
-
7 619
pensions
-
-
-
5 894
health
-
-
-
5 696
total
-
-
-
19 209
Employee
42 957
42 957
42 957
-
health
6 593
5 608
6 593
-
pensions
7 732
5 894
7 732
-
income

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

7 031
7 031
7 031
-
total
21 356
18 533
21 356
-
Employer
42 957
42 957
42 957
-
pensions
2 990
2 990
2 990
-
unemployment
1 546
1 546
1 546
-
health
2 986
2 986
2 986
-
total
7 522
7 522
7 522
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
28 878
26 055
28 878
19 209
After tax
15 622
18 445
15 622
25 291
Living cost
21 073
21 073
21 073
21 073
Free-cash
-5 451
-2 628
-5 451
4 218

Estimated living cost  is ₴21073 per week

₴14934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴335
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.
₴3904
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
₴2764
₴3237
₴2704
₴1123
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
unemployment
-
-
-
44
pensions
-
-
-
4 810
municipal
-
-
-
9 426
accident
-
-
-
89
national
-
-
-
-
health
-
-
-
2 777
total
-
-
-
22 317
Employee
30 008
-
33 861
-
national
-
-
-
-
municipal
8 948
-
10 097
-
total
8 948
-
10 097
-
Employer
30 008
-
33 861
-
other
3 487
-
3 935
-
accident
60
-
68
-
pensions
3 244
-
3 660
-
unemployment
792
-
894
-
health
1 846
-
2 082
-
total
9 429
-
10 639
-
Corporate
5 063
44 500
-
-
income
1 114
9 790
-
-
total
1 114
9 790
-
-
Dividends
3 949
34 710
-
-
withholding
1 185
10 413
-
-
total
1 185
10 413
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 676
20 203
20 736
22 317
After tax
23 824
24 297
23 764
22 183
Living cost
21 060
21 060
21 060
21 060
Free-cash
2 764
3 237
2 704
1 123

Estimated living cost  is ₴21060 per week

₴13958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴9595
₴2527
₴12558
₴9085
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
trade
-
-
-
3 473
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.

-
-
-
8 288
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.

-
-
-
3 437
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.

-
-
-
456
total
-
-
-
15 654
Employee

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

25 510
-
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.

120
-
456
-
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.

3 437
-
3 437
-
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.

2 192
-
8 288
-
total
5 749
-
12 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 990
44 500
-
-
trade
3 123
7 320
-
-
income
2 849
6 675
-
-
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.

157
368
-
-
chamber of commerce
103
139
-
-
total
6 232
14 502
-
-
Dividends
12 758
29 999
-
-
withholding
2 998
7 308
-
-
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.

165
402
-
-
total
3 163
7 710
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 144
22 212
12 181
15 654
After tax
29 356
22 288
32 319
28 846
Living cost
19 761
19 761
19 761
19 761
Free-cash
9 595
2 527
12 558
9 085

Estimated living cost  is ₴19761 per week

₴13217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2084
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.
₴4166
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
₴14203
₴16290
₴15999
₴16044
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
income
-
-
-
4 063
health
-
-
-
1 135
total
-
-
-
12 140
Employee
38 681
38 681
40 399
-
health
385
658
686
-
social contributions
1 880
3 210
3 354
-
income
4 062
3 581
4 044
-
total
6 327
7 449
8 084
-
Employer
38 681
38 681
40 399
-
social contributions
1 880
3 210
3 354
-
health
419
716
747
-
total
2 299
3 926
4 101
-
Corporate
19 559
1 892
-
-
income
2 445
237
-
-
total
2 445
237
-
-
Dividends
17 114
1 656
-
-
withholding
2 910
282
-
-
total
2 910
282
-
-
Income
44 500
44 500
44 500
44 500
Total tax
13 981
11 894
12 185
12 140
After tax
30 519
32 606
32 315
32 360
Living cost
16 316
16 316
16 316
16 316
Free-cash
14 203
16 290
15 999
16 044

Estimated living cost  is ₴16316 per week

₴11154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
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.
₴3614
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
₴15921
₴15725
₴16426
₴21459
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
unemployment
-
-
-
667
income
-
-
-
5 440
pensions
-
-
-
4 450
health
-
-
-
3 115
total
-
-
-
13 672
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.

13 525
5 383
37 238
-
unemployment
203
81
559
-
health
947
377
2 607
-
pensions
1 353
538
3 724
-
income
1 653
658
4 552
-
total
4 156
1 654
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.

13 525
5 383
37 238
-
pensions
2 637
1 050
7 262
-
total
2 637
1 050
7 262
-
Corporate
28 338
38 068
-
-
income
2 550
3 426
-
-
total
2 550
3 426
-
-
Dividends
25 787
34 641
-
-
withholding
4 900
6 582
-
-
social contributions
4 967
6 694
-
-
total
9 867
13 276
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 210
19 406
18 704
13 672
After tax
25 290
25 094
25 796
30 828
Living cost
9 370
9 370
9 370
9 370
Free-cash
15 921
15 725
16 426
21 459

Estimated living cost  is ₴9370 per week

₴6394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴2022
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
₴20325
₴23450
₴13500
₴11702
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
-
-
-
5 962
pensions
-
-
-
8 901
health
-
-
-
5 785
total
-
-
-
20 648
Employee
14 270
-
33 259
-
unemployment
228
-
532
-
pensions
285
-
665
-
income
1 607
-
6 412
-
total
2 120
-
7 609
-
Employer
14 270
-
33 259
-
pensions
2 854
-
6 652
-
unemployment
115
-
266
-
health
1 855
-
4 323
-
total
4 824
-
11 241
-
Corporate
25 406
44 500
-
-
income
5 081
8 900
-
-
total
5 081
8 900
-
-
Dividends
20 325
35 600
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
12 025
8 900
18 850
20 648
After tax
32 475
35 600
25 650
23 852
Living cost
12 150
12 150
12 150
12 150
Free-cash
20 325
23 450
13 500
11 702

Estimated living cost  is ₴12150 per week

₴8334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴724
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.
₴2849
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
₴1870
-₴7708
₴11240
₴19274
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
-
-
-
191
income
-
-
-
10 333
pensions
-
-
-
2 139
accident
-
-
-
130
health
-
-
-
1 121
total
-
-
-
13 914
Employee
17 794
-
37 299
-
health
2 037
-
4 271
-
pensions
2 004
-
3 923
-
income
2 441
-
6 552
-
total
6 482
-
14 746
-
Employer
17 794
-
37 299
-
accident
297
-
623
-
pensions
2 893
-
5 665
-
unemployment
436
-
914
-
total
3 626
-
7 202
-
Corporate
23 080
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.

20 772
40 050
-
-
total
20 772
40 050
-
-
Dividends
2 308
4 450
-
-
withholding
438
846
-
-
total
438
846
-
-
Income
44 500
44 500
44 500
44 500
Total tax
31 318
40 896
21 948
13 914
After tax
13 182
3 604
22 552
30 586
Living cost
11 312
11 312
11 312
11 312
Free-cash
1 870
-7 708
11 240
19 274

Estimated living cost  is ₴11312 per week

₴8290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴627
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.
₴2159
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
₴37398
₴38168
₴31493
₴39948
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
5 133
-
44 500
-
income
1 027
-
8 900
-
total
1 027
-
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%.

39 367
44 500
-
-
total
-
-
-
-
Dividends
39 367
44 500
-
-
withholding
1 968
2 225
-
-
total
1 968
2 225
-
-
Income
44 500
44 500
44 500
44 500
Total tax
2 995
2 225
8 900
445
After tax
41 505
42 275
35 600
44 055
Living cost
4 107
4 107
4 107
4 107
Free-cash
37 398
38 168
31 493
39 948

Estimated living cost  is ₴4107 per week

₴2545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴113
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.
₴1107
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
₴15894
₴19290
₴12682
₴10692
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
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.

-
-
-
10 680
health
-
-
-
1 958
total
-
-
-
20 404
Employee
18 265
-
35 543
-
unemployment
182
-
355
-
health
256
-
497
-
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.

1 278
-
2 488
-
income
3 144
-
6 118
-
total
4 860
-
9 458
-
Employer
18 265
-
35 543
-
other
914
-
1 777
-
accident
146
-
284
-
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.

3 105
-
6 043
-
unemployment
182
-
355
-
health
256
-
497
-
total
4 603
-
8 956
-
Corporate
21 632
44 500
-
-
income
4 543
9 345
-
-
total
4 543
9 345
-
-
Dividends
17 089
35 155
-
-
withholding
1 196
2 461
-
-
total
1 196
2 461
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 202
11 806
18 414
20 404
After tax
29 298
32 694
26 086
24 096
Living cost
13 404
13 404
13 404
13 404
Free-cash
15 894
19 290
12 682
10 692

Estimated living cost  is ₴13404 per week

₴9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
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.
₴2812
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
-₴9360
-₴136
-₴5427
-₴413
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
-
-
-
8 266
pensions
-
-
-
3 169
total
-
-
-
11 435
Employee
47 366
-
39 278
-
health
781
-
615
-
pensions
4 570
-
3 599
-
income
8 538
-
7 013
-
total
13 889
-
11 227
-
Employer
47 366
-
39 278
-
pensions
5 593
-
4 476
-
health
900
-
746
-
total
6 493
-
5 222
-
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
20 382
11 158
16 449
11 435
After tax
24 118
33 342
28 051
33 065
Living cost
33 478
33 478
33 478
33 478
Free-cash
-9 360
-136
-5 427
-413

Estimated living cost  is ₴33478 per week

₴25086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴4187
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
₴29116
₴31453
₴27810
₴26539
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
unemployment
-
-
-
70
income
-
-
-
6 675
pensions

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

-
-
-
2 600
health
-
-
-
2 021
total
-
-
-
11 366
Employee
8 732
-
41 053
-
accident

We are using the highest rate at 1.1%.

96
-
193
-
health
402
-
808
-
pensions

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

767
-
1 543
-
income
873
-
4 105
-
total
2 138
-
6 649
-
Employer
8 732
-
41 053
-
accident

We are using the highest rate at 1.1%.

96
-
193
-
pensions

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

962
-
1 936
-
unemployment
52
-
105
-
health
603
-
1 212
-
total
1 713
-
3 446
-
Corporate
34 054
44 500
-
-
income
3 406
4 450
-
-
total
3 406
4 450
-
-
Dividends
30 648
40 050
-
-
withholding
1 532
2 002
-
-
total
1 532
2 002
-
-
Income
44 500
44 500
44 500
44 500
Total tax
8 789
6 452
10 095
11 366
After tax
35 711
38 048
34 405
33 134
Living cost
6 595
6 595
6 595
6 595
Free-cash
29 116
31 453
27 810
26 539

Estimated living cost  is ₴6595 per week

₴3850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2099
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
-₴10303
-₴9449
-₴12272
-₴2603
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
-
-
-
7 619
pensions
-
-
-
5 894
health
-
-
-
5 696
total
-
-
-
19 209
Employee
46 638
42 957
42 957
-
health
5 818
5 608
6 593
-
pensions
5 894
5 894
7 732
-
income

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

7 031
7 031
7 031
-
total
18 743
18 533
21 356
-
Employer
46 638
42 957
42 957
-
pensions
3 246
2 990
2 990
-
unemployment
1 679
1 546
1 546
-
health
3 241
2 986
2 986
-
total
8 166
7 522
7 522
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
26 909
26 055
28 878
19 209
After tax
17 591
18 445
15 622
25 291
Living cost
27 894
27 894
27 894
27 894
Free-cash
-10 303
-9 449
-12 272
-2 603

Estimated living cost  is ₴27894 per week

₴20577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
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.
₴4507
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
₴13593
₴18075
₴10019
₴9110
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
income
-
-
-
3 825
health
-
-
-
6 008
solidarity contribution
-
-
-
-
total
-
-
-
22 827
Employee
18 474
-
33 209
-
solidarity contribution
-
-
-
-
health
2 494
-
4 483
-
social contributions
1 201
-
2 159
-
income
2 217
-
3 985
-
total
5 912
-
10 627
-
Employer
18 474
-
33 209
-
social contributions
4 619
-
8 302
-
health
1 663
-
2 989
-
total
6 282
-
11 291
-
Corporate
19 744
44 500
-
-
income
3 751
8 455
-
-
total
3 751
8 455
-
-
Dividends
15 993
36 045
-
-
withholding
2 399
5 407
-
-
total
2 399
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 344
13 862
21 918
22 827
After tax
26 156
30 638
22 582
21 673
Living cost
12 563
12 563
12 563
12 563
Free-cash
13 593
18 075
10 019
9 110

Estimated living cost  is ₴12563 per week

₴8726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴894
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.
₴2696
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
-₴207
₴2517
-₴82
₴2035
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
regional
-
-
-
481
social contributions
-
-
-
11 446
municipal
-
-
-
264
national
-
-
-
9 048
total
-
-
-
21 239
Employee
44 707
-
44 500
-
national
7 747
-
7 695
-
regional
422
-
420
-
municipal
237
-
236
-
social contributions
15 075
-
15 005
-
total
23 481
-
23 356
-
Employer
44 707
-
44 500
-
total
-
-
-
-
Corporate
-
44 500
-
-
nationa
-
10 680
-
-
municipal
-
1 735
-
-
total
-
12 415
-
-
Dividends
-
32 084
-
-
withholding
-
8 342
-
-
total
-
8 342
-
-
Income
44 500
44 500
44 500
44 500
Total tax
23 481
20 757
23 356
21 239
After tax
21 019
23 743
21 144
23 261
Living cost
21 226
21 226
21 226
21 226
Free-cash
-207
2 517
-82
2 035

Estimated living cost  is ₴21226 per week

₴14796
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.
₴326
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.
₴4712
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
₴15325
₴16891
₴11536
₴12389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
44 500
other
-
-
-
-
unemployment
-
-
-
115
income
-
-
-
7 951
pensions
-
-
-
8 900
health
-
-
-
3 160
surtax
-
-
-
885
total
-
-
-
21 011
Employee
16 635
-
36 762
-
surtax
54
-
787
-
unemployment
1 158
-
2 558
-
other
-
-
-
-
health
425
-
937
-
pensions
1 109
-
2 452
-
income
2 788
-
7 392
-
total
5 534
-
14 126
-
Employer
16 635
-
36 762
-
other
-
-
-
-
pensions
2 218
-
4 900
-
unemployment
527
-
1 166
-
health
757
-
1 672
-
total
3 502
-
7 738
-
Corporate
24 363
44 500
-
-
income
6 335
11 570
-
-
total
6 335
11 570
-
-
Dividends
18 029
32 930
-
-
withholding
2 704
4 939
-
-
total
2 704
4 939
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 075
16 509
21 864
21 011
After tax
26 425
27 991
22 636
23 489
Living cost
11 100
11 100
11 100
11 100
Free-cash
15 325
16 891
11 536
12 389

Estimated living cost  is ₴11100 per week

₴6787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3033
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
₴6533
₴10471
₴5180
₴10194
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
-
-
-
8 266
pensions
-
-
-
3 169
total
-
-
-
11 435
Employee
31 744
-
39 278
-
health
461
-
615
-
pensions
2 694
-
3 599
-
income
5 717
-
7 013
-
total
8 872
-
11 227
-
Employer
31 744
-
39 278
-
pensions
3 436
-
4 476
-
health
603
-
746
-
total
4 039
-
5 222
-
Corporate
8 717
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.

1 656
8 455
-
-
total
1 656
8 455
-
-
Dividends
7 061
36 045
-
-
withholding
529
2 703
-
-
total
529
2 703
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 096
11 158
16 449
11 435
After tax
29 404
33 342
28 051
33 065
Living cost
22 871
22 871
22 871
22 871
Free-cash
6 533
10 471
5 180
10 194

Estimated living cost  is ₴22871 per week

₴17135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3782
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
-₴6822
-₴19691
-₴4955
-₴2680
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
city
-
-
-
469
regional
-
-
-
1 360
pensions
-
-
-
4 094
national
-
-
-
196
health
-
-
-
131
total
-
-
-
7 140
Employee
46 858
-
39 829
-
national
222
-
166
-
unemployment
-
-
-
-
city
503
-
428
-
regional
1 534
-
1 154
-
health
106
-
89
-
pensions
3 937
-
3 346
-
total
6 302
-
5 183
-
Employer
46 858
-
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.

937
-
797
-
pensions
3 937
-
3 346
-
unemployment
-
-
-
-
health
106
-
89
-
total
4 980
-
4 232
-
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
11 282
24 151
9 415
7 140
After tax
33 218
20 349
35 085
37 360
Living cost
40 040
40 040
40 040
40 040
Free-cash
-6 822
-19 691
-4 955
-2 680

Estimated living cost  is ₴40040 per week

₴26038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴492
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.
₴9918
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
₴7173
-₴986
₴9275
₴5654
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
trade
-
-
-
3 621
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.

-
-
-
8 288
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.

-
-
-
3 437
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.

-
-
-
456
total
-
-
-
15 802
Employee

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

30 232
-
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.

196
-
456
-
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.

3 437
-
3 437
-
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.

3 555
-
8 288
-
total
7 188
-
12 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 268
44 500
-
-
trade
2 447
7 632
-
-
income
2 140
6 675
-
-
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.

117
368
-
-
chamber of commerce
96
139
-
-
total
4 800
14 814
-
-
Dividends
9 468
29 686
-
-
withholding
2 176
7 230
-
-
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.

119
398
-
-
total
2 295
7 628
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 283
22 442
12 181
15 802
After tax
30 217
22 058
32 319
28 698
Living cost
23 044
23 044
23 044
23 044
Free-cash
7 173
-986
9 275
5 654

Estimated living cost  is ₴23044 per week

₴16831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4071
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
₴8187
₴5217
₴8527
₴8580
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
income
-
-
-
3 417
pensions
-
-
-
12 139
health
-
-
-
505
surtax
-
-
-
-
total
-
-
-
18 709
Employee
21 529
-
33 908
-
surtax
-
-
-
-
pensions
2 434
-
3 835
-
social contributions
614
-
966
-
income
1 271
-
3 371
-
total
4 319
-
8 172
-
Employer
21 529
-
33 908
-
other
743
-
1 169
-
pensions
3 537
-
5 572
-
unemployment
872
-
1 374
-
social contributions
65
-
102
-
health
1 507
-
2 373
-
total
6 724
-
10 590
-
Corporate
16 247
44 500
-
-
income
4 550
12 460
-
-
surtax
-
-
-
-
total
4 550
12 460
-
-
Dividends
11 698
32 040
-
-
withholding
1 498
4 101
-
-
social contributions
2 011
5 511
-
-
surtax
-
-
-
-
total
3 509
9 612
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 102
22 072
18 762
18 709
After tax
25 398
22 428
25 738
25 791
Living cost
17 211
17 211
17 211
17 211
Free-cash
8 187
5 217
8 527
8 580

Estimated living cost  is ₴17211 per week

₴10852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4667
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
₴9718
₴6923
₴10233
₴10286
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
income
-
-
-
3 417
pensions
-
-
-
12 139
health
-
-
-
505
surtax
-
-
-
-
total
-
-
-
18 709
Employee
19 218
-
33 908
-
surtax
-
-
-
-
pensions
2 174
-
3 835
-
social contributions
548
-
966
-
income
991
-
3 371
-
total
3 713
-
8 172
-
Employer
19 218
-
33 908
-
other
663
-
1 169
-
pensions
3 158
-
5 572
-
unemployment
778
-
1 374
-
social contributions
57
-
102
-
health
1 345
-
2 373
-
total
6 001
-
10 590
-
Corporate
19 280
44 500
-
-
income
5 398
12 460
-
-
surtax
-
-
-
-
total
5 398
12 460
-
-
Dividends
13 882
32 040
-
-
withholding
1 777
4 101
-
-
social contributions
2 388
5 511
-
-
surtax
-
-
-
-
total
4 165
9 612
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 277
22 072
18 762
18 709
After tax
25 223
22 428
25 738
25 791
Living cost
15 505
15 505
15 505
15 505
Free-cash
9 718
6 923
10 233
10 286

Estimated living cost  is ₴15505 per week

₴8992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴4644
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
₴16744
₴16482
₴18289
₴17911
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
income
-
-
-
6 675
health
-
-
-
3 106
total
-
-
-
15 922
Employee
17 056
-
44 500
-
health
1 190
-
3 106
-
social contributions
2 354
-
6 141
-
income
2 845
-
6 297
-
total
6 389
-
15 544
-
Employer
17 056
-
44 500
-
total
-
-
-
-
Corporate
27 444
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%.

1 372
2 225
-
-
total
1 372
2 225
-
-
Dividends
26 072
42 275
-
-
health
1 819
2 951
-
-
withholding
3 911
6 341
-
-
social contributions
3 598
5 834
-
-
total
9 328
15 126
-
-
Income
44 500
44 500
44 500
44 500
Total tax
17 089
17 351
15 544
15 922
After tax
27 411
27 149
28 956
28 578
Living cost
10 667
10 667
10 667
10 667
Free-cash
16 744
16 482
18 289
17 911

Estimated living cost  is ₴10667 per week

₴7139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2624
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
₴6541
₴7320
-₴3171
₴5284
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
chamber of commerce
-
-
-
178
unemployment
-
-
-
3 085
income
-
-
-
6 492
pensions
-
-
-
8 233
health
-
-
-
3 404
surtax
-
-
-
99
total
-
-
-
21 491
Employee
25 140
20 047
34 477
-
unemployment
754
601
1 034
-
other
251
200
345
-
health
973
776
1 335
-
pensions
2 575
2 052
3 530
-
income
2 862
1 479
5 539
-
total
7 415
5 108
11 783
-
Employer
25 140
20 047
34 477
-
payroll
754
601
1 034
-
other
1 194
952
1 638
-
accident
326
261
449
-
pensions
3 155
2 516
4 327
-
unemployment
754
601
1 034
-
chamber of commerce
100
80
137
-
surtax
99
99
99
-
health
950
758
1 303
-
total
7 332
5 868
10 021
-
Corporate
12 027
18 584
32 569
-
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.

3 007
4 646
8 142
-
total
3 007
4 646
8 142
-
Dividends
9 020
13 938
-
-
withholding
2 480
3 833
-
-
total
2 480
3 833
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 234
19 455
29 946
21 491
After tax
24 266
25 045
14 554
23 009
Living cost
17 725
17 725
17 725
17 725
Free-cash
6 541
7 320
-3 171
5 284

Estimated living cost  is ₴17725 per week

₴11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1512
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.
₴4100
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
-₴1957
₴6638
-₴646
₴3230
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
-
-
-
6 629
national
-
-
-
14 028
communal

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

-
-
-
2 272
total
-
-
-
22 929
Employee

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

35 983
-
34 467
-
national
11 062
-
10 470
-
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.

313
-
300
-
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.

1 691
-
1 620
-
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.

2 699
-
2 585
-
communal

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

1 877
-
1 798
-
total
17 642
-
16 773
-
Employer

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

35 983
-
34 467
-
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.

468
-
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.

3 188
-
3 054
-
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.

525
-
503
-
surtax
4 080
-
3 908
-
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.

2 213
-
2 119
-
total
10 474
-
10 032
-
Corporate
-
44 500
-
-
income
-
8 900
-
-
surtax
-
178
-
-
total
-
9 078
-
-
Dividends
-
35 423
-
-
withholding

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

-
10 443
-
-
total
-
10 443
-
-
Income
44 500
44 500
44 500
44 500
Total tax
28 116
19 521
26 805
22 929
After tax
16 384
24 979
17 695
21 571
Living cost
18 341
18 341
18 341
18 341
Free-cash
-1 957
6 638
-646
3 230

Estimated living cost  is ₴18341 per week

₴11814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4637
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
₴7821
₴11829
₴5705
₴5390
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
unemployment
-
-
-
311
income
-
-
-
7 593
pensions
-
-
-
12 593
accident
-
-
-
401
total
-
-
-
20 943
Employee
25 040
-
33 743
-
unemployment
389
-
523
-
other
25
-
33
-
pensions
1 177
-
1 586
-
income
5 283
-
7 729
-
total
6 874
-
9 871
-
Employer
25 040
-
33 743
-
other
200
-
270
-
accident
495
-
668
-
pensions
5 909
-
7 963
-
unemployment
1 378
-
1 856
-
total
7 982
-
10 757
-
Corporate
11 479
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.

1 722
6 675
-
-
total
1 722
6 675
-
-
Dividends
9 756
37 825
-
-
withholding
1 934
7 829
-
-
total
1 934
7 829
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 512
14 504
20 628
20 943
After tax
25 988
29 996
23 872
23 557
Living cost
18 167
18 167
18 167
18 167
Free-cash
7 821
11 829
5 705
5 390

Estimated living cost  is ₴18167 per week

₴13378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3238
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
-₴3094
₴62
₴937
-₴1215
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
-
-
-
3 189
pensions
-
-
-
6 670
accident
-
-
-
375
communal
-
-
-
2 812
health
-
-
-
3 126
surtax
-
-
-
2 206
total
-
-
-
18 378
Employee
38 095
-
39 750
-
surtax
2 335
-
2 436
-
health
1 695
-
1 769
-
pensions
3 047
-
3 180
-
income
3 680
-
4 091
-
total
10 757
-
11 476
-
Employer
38 095
-
39 750
-
accident
343
-
358
-
pensions
3 047
-
3 180
-
health
1 162
-
1 212
-
total
4 552
-
4 750
-
Corporate
1 854
44 500
-
-
income
278
6 675
-
-
communal
-
3 004
-
-
surtax
19
467
-
-
total
297
10 146
-
-
Dividends
1 557
34 354
-
-
withholding
234
5 153
-
-
income
4 417
1 802
-
-
total
4 651
6 955
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 257
17 101
16 226
18 378
After tax
24 243
27 399
28 274
26 122
Living cost
27 337
27 337
27 337
27 337
Free-cash
-3 094
62
937
-1 215

Estimated living cost  is ₴27337 per week

₴20507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1656
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.
₴4884
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
₴15093
₴16692
₴11337
₴12190
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
-
-
-
-
unemployment
-
-
-
115
income
-
-
-
7 951
pensions
-
-
-
8 900
health
-
-
-
3 160
surtax
-
-
-
885
total
-
-
-
21 011
Employee
16 941
-
36 762
-
surtax
60
-
787
-
unemployment
1 179
-
2 558
-
other
-
-
-
-
health
432
-
937
-
pensions
1 130
-
2 452
-
income
2 840
-
7 392
-
total
5 641
-
14 126
-
Employer
16 941
-
36 762
-
other
-
-
-
-
pensions
2 259
-
4 900
-
unemployment
537
-
1 166
-
health
770
-
1 672
-
total
3 566
-
7 738
-
Corporate
23 993
44 500
-
-
income
6 238
11 570
-
-
total
6 238
11 570
-
-
Dividends
17 755
32 930
-
-
withholding
2 663
4 939
-
-
total
2 663
4 939
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 108
16 509
21 864
21 011
After tax
26 392
27 991
22 636
23 489
Living cost
11 299
11 299
11 299
11 299
Free-cash
15 093
16 692
11 337
12 190

Estimated living cost  is ₴11299 per week

₴6822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴3233
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
₴8721
₴9839
₴7414
₴9520
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
regional
-
-
-
671
social contributions
-
-
-
11 446
municipal
-
-
-
264
national
-
-
-
9 048
total
-
-
-
21 429
Employee
27 904
-
44 500
-
national
4 421
-
7 695
-
regional
376
-
599
-
municipal
148
-
236
-
social contributions
9 410
-
15 005
-
total
14 355
-
23 535
-
Employer
27 904
-
44 500
-
total
-
-
-
-
Corporate
16 596
44 500
-
-
nationa
3 983
10 680
-
-
municipal
825
2 212
-
-
total
4 808
12 892
-
-
Dividends
11 788
31 608
-
-
withholding
3 065
8 218
-
-
total
3 065
8 218
-
-
Income
44 500
44 500
44 500
44 500
Total tax
22 228
21 110
23 535
21 429
After tax
22 272
23 390
20 965
23 071
Living cost
13 551
13 551
13 551
13 551
Free-cash
8 721
9 839
7 414
9 520

Estimated living cost  is ₴13551 per week

₴8427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴3519
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
₴9636
₴15158
₴7102
₴6193
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
income
-
-
-
3 825
health
-
-
-
6 008
solidarity contribution
-
-
-
-
total
-
-
-
22 827
Employee
22 765
-
33 209
-
solidarity contribution
-
-
-
-
health
3 073
-
4 483
-
social contributions
1 480
-
2 159
-
income
2 732
-
3 985
-
total
7 285
-
10 627
-
Employer
22 765
-
33 209
-
social contributions
5 691
-
8 302
-
health
2 049
-
2 989
-
total
7 740
-
11 291
-
Corporate
13 995
44 500
-
-
income
2 659
8 455
-
-
total
2 659
8 455
-
-
Dividends
11 336
36 045
-
-
withholding
1 700
5 407
-
-
total
1 700
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 384
13 862
21 918
22 827
After tax
25 116
30 638
22 582
21 673
Living cost
15 480
15 480
15 480
15 480
Free-cash
9 636
15 158
7 102
6 193

Estimated living cost  is ₴15480 per week

₴11512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴858
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.
₴2843
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
₴8798
₴9049
-₴1476
₴7059
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
chamber of commerce
-
-
-
178
unemployment
-
-
-
3 085
income
-
-
-
6 492
pensions
-
-
-
8 233
health
-
-
-
3 404
surtax
-
-
-
-
total
-
-
-
21 392
Employee
21 989
20 047
34 554
-
unemployment
660
601
1 037
-
other
220
200
346
-
health
851
776
1 337
-
pensions
2 252
2 052
3 539
-
income
1 959
1 479
5 560
-
total
5 942
5 108
11 819
-
Employer
21 989
20 047
34 554
-
payroll
660
601
1 037
-
other
1 044
952
1 642
-
accident
285
261
450
-
pensions
2 760
2 516
4 337
-
unemployment
660
601
1 037
-
chamber of commerce
88
80
138
-
surtax
-
-
-
-
health
831
758
1 306
-
total
6 328
5 769
9 947
-
Corporate
16 183
18 684
32 645
-
income

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

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

4 046
4 671
8 161
-
total
4 046
4 671
8 161
-
Dividends
12 137
14 013
-
-
withholding
3 337
3 854
-
-
total
3 337
3 854
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 653
19 402
29 927
21 392
After tax
24 847
25 098
14 573
23 108
Living cost
16 049
16 049
16 049
16 049
Free-cash
8 798
9 049
-1 476
7 059

Estimated living cost  is ₴16049 per week

₴9627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
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.
₴4496
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
₴34675
₴35875
₴29200
₴37655
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
8 000
-
44 500
-
income
1 600
-
8 900
-
total
1 600
-
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%.

36 500
44 500
-
-
total
-
-
-
-
Dividends
36 500
44 500
-
-
withholding
1 825
2 225
-
-
total
1 825
2 225
-
-
Income
44 500
44 500
44 500
44 500
Total tax
3 425
2 225
8 900
445
After tax
41 075
42 275
35 600
44 055
Living cost
6 400
6 400
6 400
6 400
Free-cash
34 675
35 875
29 200
37 655

Estimated living cost  is ₴6400 per week

₴4331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴269
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.
₴1586
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
₴12938
₴17145
₴8510
₴9784
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
unemployment
-
-
-
67
income
-
-
-
8 650
pensions
-
-
-
8 127
health
-
-
-
4 379
total
-
-
-
21 223
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.

22 244
-
38 505
-
unemployment
32
-
53
-
health
1 437
-
2 487
-
pensions
3 448
-
5 968
-
income
3 836
-
7 994
-
total
8 753
-
16 502
-
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.

22 244
-
38 505
-
pensions
1 968
-
3 408
-
unemployment
13
-
23
-
health
1 482
-
2 564
-
total
3 463
-
5 995
-
Corporate
18 792
44 500
-
-
income
3 570
8 455
-
-
total
3 570
8 455
-
-
Dividends
15 222
36 045
-
-
withholding
2 283
5 407
-
-
total
2 283
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 069
13 862
22 497
21 223
After tax
26 431
30 638
22 003
23 277
Living cost
13 493
13 493
13 493
13 493
Free-cash
12 938
17 145
8 510
9 784

Estimated living cost  is ₴13493 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3107
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
-₴30539
₴5359
₴16164
₴9038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
44 500
social contributions
-
-
-
5 073
income
-
-
-
8 674
total
-
-
-
13 747
Employee
31 137
-
-
-
social contributions
2 553
-
364
-
income
6 868
-
-
-
total
9 421
-
364
-
Employer
31 137
-
-
-
social contributions
43 903
-
6 257
-
total
43 903
-
6 257
-
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
53 324
17 426
6 621
13 747
After tax
-8 824
27 074
37 879
30 753
Living cost
21 715
21 715
21 715
21 715
Free-cash
-30 539
5 359
16 164
9 038

Estimated living cost  is ₴21715 per week

₴14090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5306
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
₴9026
₴9532
₴7256
₴9289
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
-
-
-
3 968
surtax
-
-
-
-
total
-
-
-
19 432
Employee
23 136
-
35 959
-
surtax
-
-
-
-
social contributions
2 545
-
3 956
-
income
4 812
-
8 969
-
total
7 357
-
12 925
-
Employer
23 136
-
35 959
-
social contributions
5 495
-
8 540
-
total
5 495
-
8 540
-
Corporate
15 869
44 500
-
-
income
3 333
9 345
-
-
surtax
-
-
-
-
total
3 333
9 345
-
-
Dividends
12 537
35 155
-
-
withholding
3 510
9 844
-
-
total
3 510
9 844
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 695
19 189
21 465
19 432
After tax
24 805
25 311
23 035
25 068
Living cost
15 779
15 779
15 779
15 779
Free-cash
9 026
9 532
7 256
9 289

Estimated living cost  is ₴15779 per week

₴11806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴2779
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
₴1591
-₴1868
₴1442
₴1495
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
income
-
-
-
3 417
pensions
-
-
-
12 139
health
-
-
-
505
surtax
-
-
-
-
total
-
-
-
18 709
Employee
31 506
-
33 908
-
surtax
-
-
-
-
pensions
3 564
-
3 835
-
social contributions
897
-
966
-
income
2 749
-
3 371
-
total
7 210
-
8 172
-
Employer
31 506
-
33 908
-
other
1 087
-
1 169
-
pensions
5 177
-
5 572
-
unemployment
1 276
-
1 374
-
social contributions
95
-
102
-
health
2 205
-
2 373
-
total
9 840
-
10 590
-
Corporate
3 154
44 500
-
-
income
883
12 460
-
-
surtax
-
-
-
-
total
883
12 460
-
-
Dividends
2 271
32 040
-
-
withholding
290
4 101
-
-
social contributions
390
5 511
-
-
surtax
-
-
-
-
total
680
9 612
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 613
22 072
18 762
18 709
After tax
25 887
22 428
25 738
25 791
Living cost
24 296
24 296
24 296
24 296
Free-cash
1 591
-1 868
1 442
1 495

Estimated living cost  is ₴24296 per week

₴16443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
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.
₴5532
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
₴23239
₴24929
₴20246
₴18999
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
-
-
-
590
social contributions
-
-
-
9 790
total
-
-
-
10 380
Employee
16 172
-
38 528
-
social contributions
1 051
-
2 505
-
income
-
-
656
-
total
1 051
-
3 161
-
Employer
16 172
-
38 528
-
social contributions
2 507
-
5 972
-
total
2 507
-
5 972
-
Corporate
25 821
44 500
-
-
income
2 582
4 450
-
-
total
2 582
4 450
-
-
Dividends
23 239
40 050
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
6 140
4 450
9 133
10 380
After tax
38 360
40 050
35 367
34 120
Living cost
15 121
15 121
15 121
15 121
Free-cash
23 239
24 929
20 246
18 999

Estimated living cost  is ₴15121 per week

₴9777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1140
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.
₴3920
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
-₴64948
-₴64948
-₴64948
₴3686
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
pensions
-
-
-
435
municipal
-
-
-
8 029
labour market
-
-
-
3 525
national
-
-
-
4 632
total
-
-
-
16 621
Employee
102 111
102 111
102 111
-
national
12 475
12 475
12 475
-
municipal
21 744
21 744
21 744
-
labour market
8 157
8 157
8 157
-
pensions
145
145
145
-
total
42 521
42 521
42 521
-
Employer
102 111
102 111
102 111
-
municipal
21 779
21 779
21 779
-
pensions
290
290
290
-
national
12 496
12 496
12 496
-
labour market
8 169
8 169
8 169
-
total
42 734
42 734
42 734
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
85 255
85 255
85 255
16 621
After tax
-40 755
-40 755
-40 755
27 879
Living cost
24 193
24 193
24 193
24 193
Free-cash
-64 948
-64 948
-64 948
3 686

Estimated living cost  is ₴24193 per week

₴16558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴372
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.
₴5123
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
₴1894
-₴7541
₴11407
₴19441
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
-
-
-
191
income
-
-
-
10 333
pensions
-
-
-
2 139
accident
-
-
-
130
health
-
-
-
1 121
total
-
-
-
13 914
Employee
17 531
-
37 299
-
health
2 007
-
4 271
-
pensions
1 974
-
3 923
-
income
2 405
-
6 552
-
total
6 386
-
14 746
-
Employer
17 531
-
37 299
-
accident
293
-
623
-
pensions
2 851
-
5 665
-
unemployment
430
-
914
-
total
3 574
-
7 202
-
Corporate
23 396
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.

21 056
40 050
-
-
total
21 056
40 050
-
-
Dividends
2 340
4 450
-
-
withholding
445
846
-
-
total
445
846
-
-
Income
44 500
44 500
44 500
44 500
Total tax
31 461
40 896
21 948
13 914
After tax
13 039
3 604
22 552
30 586
Living cost
11 145
11 145
11 145
11 145
Free-cash
1 894
-7 541
11 407
19 441

Estimated living cost  is ₴11145 per week

₴8112
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.
₴2188
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
₴9024
₴10718
₴6535
₴12937
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
municipal
-
-
-
7 924
national
-
-
-
3 851
health
-
-
-
475
total
-
-
-
12 250
Employee
26 466
-
37 436
-
national
437
-
2 018
-
unemployment
397
-
561
-
health
198
-
367
-
municipal
4 335
-
6 116
-
pensions
1 786
-
2 527
-
total
7 153
-
11 589
-
Employer
26 466
-
37 436
-
accident
27
-
37
-
pensions
4 592
-
6 495
-
unemployment
172
-
243
-
health
203
-
288
-
total
4 994
-
7 063
-
Corporate
13 041
44 500
-
-
income
2 608
8 900
-
-
total
2 608
8 900
-
-
Dividends

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

7 824
26 700
-
-
municipal
1 408
4 806
-
-
national
-
763
-
-
total
1 408
5 569
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 163
14 469
18 652
12 250
After tax
28 337
30 031
25 848
32 250
Living cost
19 313
19 313
19 313
19 313
Free-cash
9 024
10 718
6 535
12 937

Estimated living cost  is ₴19313 per week

₴12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1858
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.
₴4533
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
₴18221
₴20959
₴20668
₴20713
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
income
-
-
-
4 063
health
-
-
-
1 135
total
-
-
-
12 140
Employee
38 681
38 681
40 399
-
health
300
658
686
-
social contributions
1 462
3 210
3 354
-
income
4 212
3 581
4 044
-
total
5 974
7 449
8 084
-
Employer
38 681
38 681
40 399
-
social contributions
1 462
3 210
3 354
-
health
326
716
747
-
total
1 788
3 926
4 101
-
Corporate
25 091
1 892
-
-
income
3 137
237
-
-
total
3 137
237
-
-
Dividends
21 955
1 656
-
-
withholding
3 733
282
-
-
total
3 733
282
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 632
11 894
12 185
12 140
After tax
29 868
32 606
32 315
32 360
Living cost
11 647
11 647
11 647
11 647
Free-cash
18 221
20 959
20 668
20 713

Estimated living cost  is ₴11647 per week

₴6980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3267
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
₴26306
₴28863
₴19482
₴27316
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
unemployment
-
-
-
14
income
-
-
-
4 163
pensions
-
-
-
3 200
health
-
-
-
1 820
total
-
-
-
9 197
Employee

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

11 546
-
40 345
-
unemployment
57
-
201
-
health
981
-
3 429
-
pensions
1 732
-
6 051
-
income
789
-
3 195
-
total
3 559
-
12 876
-
Employer

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

11 546
-
40 345
-
pensions
635
-
2 219
-
unemployment
57
-
201
-
health
496
-
1 735
-
total
1 188
-
4 155
-
Corporate
31 765
44 500
-
-
income
2 859
4 005
-
-
total
2 859
4 005
-
-
Dividends
28 906
40 495
-
-
withholding
2 601
3 645
-
-
total
2 601
3 645
-
-
Income
44 500
44 500
44 500
44 500
Total tax
10 207
7 650
17 031
9 197
After tax
34 293
36 850
27 469
35 303
Living cost
7 987
7 987
7 987
7 987
Free-cash
26 306
28 863
19 482
27 316

Estimated living cost  is ₴7987 per week

₴5096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2077
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
₴13526
₴16163
₴10039
₴9724
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
unemployment
-
-
-
311
income
-
-
-
7 593
pensions
-
-
-
12 593
accident
-
-
-
401
total
-
-
-
20 943
Employee
18 600
-
33 743
-
unemployment
288
-
523
-
other
18
-
33
-
pensions
874
-
1 586
-
income
3 586
-
7 729
-
total
4 766
-
9 871
-
Employer
18 600
-
33 743
-
other
149
-
270
-
accident
368
-
668
-
pensions
4 389
-
7 963
-
unemployment
1 023
-
1 856
-
total
5 929
-
10 757
-
Corporate
19 970
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.

2 996
6 675
-
-
total
2 996
6 675
-
-
Dividends
16 974
37 825
-
-
withholding
3 450
7 829
-
-
total
3 450
7 829
-
-
Income
44 500
44 500
44 500
44 500
Total tax
17 141
14 504
20 628
20 943
After tax
27 359
29 996
23 872
23 557
Living cost
13 833
13 833
13 833
13 833
Free-cash
13 526
16 163
10 039
9 724

Estimated living cost  is ₴13833 per week

₴9337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1330
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴2924
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
₴26665
₴26822
₴27354
₴27424
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
-
-
-
14 940
pensions
-
-
-
690
health
-
-
-
500
total
-
-
-
16 130
Employee
1 441
-
43 723
-
unemployment
14
-
35
-
health
72
-
173
-
pensions
130
-
311
-
income
279
-
14 904
-
total
495
-
15 423
-
Employer
1 441
-
43 723
-
pensions
159
-
380
-
unemployment
29
-
69
-
health
137
-
328
-
total
325
-
777
-
Corporate
42 734
44 500
-
-
income
9 402
9 790
-
-
total
9 402
9 790
-
-
Dividends
33 333
34 710
-
-
withholding
6 667
6 942
-
-
total
6 667
6 942
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 889
16 732
16 200
16 130
After tax
27 611
27 768
28 300
28 370
Living cost
946
946
946
946
Free-cash
26 665
26 822
27 354
27 424

Estimated living cost  is ₴946 per week

₴562
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.
₴286
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
₴20990
₴23461
₴14157
₴14157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
unemployment
-
-
-
557
income
-
-
-
7 616
pensions
-
-
-
9 655
health
-
-
-
3 825
total
-
-
-
21 653
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.

13 103
-
37 853
-
unemployment
98
-
279
-
health
675
-
1 912
-
pensions
1 834
-
5 199
-
income
1 806
-
7 616
-
total
4 413
-
15 006
-
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.

13 103
-
37 853
-
pensions
1 572
-
4 456
-
unemployment
98
-
279
-
health
675
-
1 912
-
total
2 345
-
6 647
-
Corporate
29 051
44 500
-
-
income
4 358
6 675
-
-
total
4 358
6 675
-
-
Dividends
24 693
37 825
-
-
withholding
3 704
5 674
-
-
total
3 704
5 674
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 820
12 349
21 653
21 653
After tax
29 680
32 151
22 847
22 847
Living cost
8 690
8 690
8 690
8 690
Free-cash
20 990
23 461
14 157
14 157

Estimated living cost  is ₴8690 per week

₴5851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1915
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
₴11568
₴11749
₴9473
₴11506
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
-
-
-
3 968
surtax
-
-
-
-
total
-
-
-
19 432
Employee
19 524
-
35 959
-
surtax
-
-
-
-
social contributions
2 148
-
3 956
-
income
3 815
-
8 969
-
total
5 963
-
12 925
-
Employer
19 524
-
35 959
-
social contributions
4 637
-
8 540
-
total
4 637
-
8 540
-
Corporate
20 339
44 500
-
-
income
4 271
9 345
-
-
surtax
-
-
-
-
total
4 271
9 345
-
-
Dividends
16 069
35 155
-
-
withholding
4 499
9 844
-
-
total
4 499
9 844
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 370
19 189
21 465
19 432
After tax
25 130
25 311
23 035
25 068
Living cost
13 562
13 562
13 562
13 562
Free-cash
11 568
11 749
9 473
11 506

Estimated living cost  is ₴13562 per week

₴9605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴942
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.
₴2774
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
₴8481
₴12317
₴6193
₴5878
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
unemployment
-
-
-
311
income
-
-
-
7 593
pensions
-
-
-
12 593
accident
-
-
-
401
total
-
-
-
20 943
Employee
24 294
-
33 743
-
unemployment
376
-
523
-
other
24
-
33
-
pensions
1 142
-
1 586
-
income
5 074
-
7 729
-
total
6 616
-
9 871
-
Employer
24 294
-
33 743
-
other
195
-
270
-
accident
481
-
668
-
pensions
5 733
-
7 963
-
unemployment
1 336
-
1 856
-
total
7 745
-
10 757
-
Corporate
12 460
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.

1 869
6 675
-
-
total
1 869
6 675
-
-
Dividends
10 591
37 825
-
-
withholding
2 110
7 829
-
-
total
2 110
7 829
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 340
14 504
20 628
20 943
After tax
26 160
29 996
23 872
23 557
Living cost
17 679
17 679
17 679
17 679
Free-cash
8 481
12 317
6 193
5 878

Estimated living cost  is ₴17679 per week

₴12696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1375
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.
₴3359
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
₴26327
₴29395
₴25752
₴24481
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
unemployment
-
-
-
70
income
-
-
-
6 675
pensions

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

-
-
-
2 600
health
-
-
-
2 021
total
-
-
-
11 366
Employee
11 457
-
41 053
-
accident

We are using the highest rate at 1.1%.

126
-
193
-
health
527
-
808
-
pensions

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

1 006
-
1 543
-
income
1 146
-
4 105
-
total
2 805
-
6 649
-
Employer
11 457
-
41 053
-
accident

We are using the highest rate at 1.1%.

126
-
193
-
pensions

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

1 263
-
1 936
-
unemployment
69
-
105
-
health
791
-
1 212
-
total
2 249
-
3 446
-
Corporate
30 795
44 500
-
-
income
3 080
4 450
-
-
total
3 080
4 450
-
-
Dividends
27 715
40 050
-
-
withholding
1 386
2 002
-
-
total
1 386
2 002
-
-
Income
44 500
44 500
44 500
44 500
Total tax
9 520
6 452
10 095
11 366
After tax
34 980
38 048
34 405
33 134
Living cost
8 653
8 653
8 653
8 653
Free-cash
26 327
29 395
25 752
24 481

Estimated living cost  is ₴8653 per week

₴5723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2228
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
₴10134
₴3555
₴12898
₴9868
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
trade
-
-
-
3 030
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.

-
-
-
8 288
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.

-
-
-
3 437
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.

-
-
-
456
total
-
-
-
15 211
Employee

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

25 029
-
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.

114
-
456
-
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.

3 437
-
3 437
-
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.

2 058
-
8 288
-
total
5 609
-
12 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 471
44 500
-
-
trade
2 794
6 385
-
-
income
2 920
6 675
-
-
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.

160
368
-
-
chamber of commerce
105
141
-
-
total
5 979
13 569
-
-
Dividends
13 491
30 931
-
-
withholding
3 182
7 541
-
-
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.

175
414
-
-
total
3 357
7 955
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 945
21 524
12 181
15 211
After tax
29 555
22 976
32 319
29 289
Living cost
19 421
19 421
19 421
19 421
Free-cash
10 134
3 555
12 898
9 868

Estimated living cost  is ₴19421 per week

₴13397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴3652
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
₴3606
₴2494
₴2524
₴2524
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
-
-
-
3 836
income
-
-
-
9 485
total
-
-
-
13 321
Employee
39 349
-
44 500
-
social contributions
3 269
-
3 836
-
income
7 425
-
9 485
-
total
10 694
-
13 321
-
Employer
39 349
-
44 500
-
total
-
-
-
-
Corporate
5 151
44 500
-
-
income
644
5 563
-
-
total
644
5 563
-
-
Dividends
4 507
38 937
-
-
withholding
901
7 788
-
-
total
901
7 788
-
-
Income
44 500
44 500
44 500
44 500
Total tax
12 239
13 351
13 321
13 321
After tax
32 261
31 149
31 179
31 179
Living cost
28 655
28 655
28 655
28 655
Free-cash
3 606
2 494
2 524
2 524

Estimated living cost  is ₴28655 per week

₴21800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2335
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.
₴4246
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
₴10560
₴8007
₴14331
₴8861
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
health

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

-
-
-
3 060
income
-
-
-
14 319
total
-
-
-
17 379
Employee
23 076
-
42 186
-
social contributions
2 312
-
2 314
-
income
2 504
-
7 281
-
total
4 816
-
9 595
-
Employer
23 076
-
42 186
-
social contributions
2 312
-
2 314
-
total
2 312
-
2 314
-
Corporate
19 112
44 500
-
-
income
6 689
15 575
-
-
total
6 689
15 575
-
-
Dividends
12 423
28 925
-
-
social contributions
1 863
2 658
-
-
total
1 863
2 658
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 680
18 233
11 909
17 379
After tax
28 820
26 267
32 591
27 121
Living cost
18 260
18 260
18 260
18 260
Free-cash
10 560
8 007
14 331
8 861

Estimated living cost  is ₴18260 per week

₴12028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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.
₴4512
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
₴11922
₴14748
₴9457
₴14471
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
-
-
-
8 266
pensions
-
-
-
3 169
total
-
-
-
11 435
Employee
25 522
-
39 278
-
health
333
-
615
-
pensions
1 948
-
3 599
-
income
4 648
-
7 013
-
total
6 929
-
11 227
-
Employer
25 522
-
39 278
-
pensions
2 579
-
4 476
-
health
485
-
746
-
total
3 064
-
5 222
-
Corporate
15 914
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.

3 024
8 455
-
-
total
3 024
8 455
-
-
Dividends
12 890
36 045
-
-
withholding
967
2 703
-
-
total
967
2 703
-
-
Income
44 500
44 500
44 500
44 500
Total tax
13 984
11 158
16 449
11 435
After tax
30 516
33 342
28 051
33 065
Living cost
18 594
18 594
18 594
18 594
Free-cash
11 922
14 748
9 457
14 471

Estimated living cost  is ₴18594 per week

₴12755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3895
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
₴1726
-₴8644
₴10304
₴18338
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
-
-
-
191
income
-
-
-
10 333
pensions
-
-
-
2 139
accident
-
-
-
130
health
-
-
-
1 121
total
-
-
-
13 914
Employee
19 267
-
37 299
-
health
2 206
-
4 271
-
pensions
2 169
-
3 923
-
income
2 643
-
6 552
-
total
7 018
-
14 746
-
Employer
19 267
-
37 299
-
accident
322
-
623
-
pensions
3 133
-
5 665
-
unemployment
472
-
914
-
total
3 927
-
7 202
-
Corporate
21 307
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.

19 176
40 050
-
-
total
19 176
40 050
-
-
Dividends
2 131
4 450
-
-
withholding
405
846
-
-
total
405
846
-
-
Income
44 500
44 500
44 500
44 500
Total tax
30 526
40 896
21 948
13 914
After tax
13 974
3 604
22 552
30 586
Living cost
12 248
12 248
12 248
12 248
Free-cash
1 726
-8 644
10 304
18 338

Estimated living cost  is ₴12248 per week

₴8989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴714
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.
₴2299
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

Close
Skopje , Macedonia
₴28595
₴31038
₴19994
₴18804
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
unemployment
-
-
-
534
income
-
-
-
6 671
pensions
-
-
-
8 188
health insurance
-
-
-
3 293
work injury
-
-
-
223
total
-
-
-
18 909
Employee

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

10 859
-
44 500
-
health insurance
804
-
2 973
-
unemployment
130
-
482
-
work injury
54
-
201
-
pensions
1 998
-
7 392
-
income
1 086
-
6 671
-
total
4 072
-
17 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 641
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
33 641
44 500
-
-
withholding
5 046
6 675
-
-
total
5 046
6 675
-
-
Income
44 500
44 500
44 500
44 500
Total tax
9 118
6 675
17 719
18 909
After tax
35 382
37 825
26 781
25 591
Living cost
6 787
6 787
6 787
6 787
Free-cash
28 595
31 038
19 994
18 804

Estimated living cost  is ₴6787 per week

₴4204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴1112
₴3400
₴800
₴2833
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
regional
-
-
-
835
social contributions
-
-
-
11 446
municipal
-
-
-
298
national
-
-
-
9 048
total
-
-
-
21 627
Employee
42 389
-
44 500
-
national
7 163
-
7 695
-
regional
640
-
695
-
municipal
253
-
265
-
social contributions
14 293
-
15 005
-
total
22 349
-
23 660
-
Employer
42 389
-
44 500
-
total
-
-
-
-
Corporate
2 111
44 500
-
-
nationa
507
10 680
-
-
municipal
102
2 145
-
-
total
609
12 825
-
-
Dividends
1 502
31 675
-
-
withholding
390
8 235
-
-
total
390
8 235
-
-
Income
44 500
44 500
44 500
44 500
Total tax
23 348
21 060
23 660
21 627
After tax
21 152
23 440
20 840
22 873
Living cost
20 040
20 040
20 040
20 040
Free-cash
1 112
3 400
800
2 833

Estimated living cost  is ₴20040 per week

₴14077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴4281
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close