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
₴17245
₴7519
₴13862
₴12995
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
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.

-
-
-
463
trade
-
-
-
3 383
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.

-
-
-
8 415
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.

-
-
-
3 382
total
-
-
-
15 643
Employee

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

18 935
-
44 500
-
health

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

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

3 382
-
3 382
-
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.

29
-
463
-
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.

529
-
8 415
-
total
3 940
-
12 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 565
44 500
-
-
chamber of commerce
112
139
-
-
trade
4 027
7 009
-
-
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.

211
367
-
-
income
3 835
6 675
-
-
total
8 185
14 190
-
-
Dividends
17 380
30 310
-
-
withholding
4 157
7 389
-
-
surtax

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

228
407
-
-
total
4 385
7 796
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 510
21 986
12 260
15 643
After tax
27 990
22 514
32 240
28 857
Living cost
14 995
14 995
14 995
14 995
Free-cash
12 995
7 519
17 245
13 862

Estimated living cost  is ₴14995 per week

₴9432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1748
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.
₴3534
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
₴1054
₴1369
₴707
-₴138
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
municipal
-
-
-
4 540
social contributions
-
-
-
478
national
-
-
-
7 036
pensions
-
-
-
5 340
total
-
-
-
17 394
Employee
40 923
-
38 470
-
pensions
1 637
-
1 539
-
national
7 833
-
7 303
-
municipal
5 055
-
4 713
-
total
14 525
-
13 555
-
Employer
40 923
-
38 470
-
pensions
3 274
-
3 078
-
social contributions
440
-
414
-
total
3 714
-
3 492
-
Corporate
-
44 500
-
-
income

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

-
8 900
-
-
total
-
8 900
-
-
Dividends
-
35 600
-
-
withholding
-
7 832
-
-
total
-
7 832
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 239
16 732
17 047
17 394
After tax
26 261
27 768
27 453
27 106
Living cost
26 399
26 399
26 399
26 399
Free-cash
-138
1 369
1 054
707

Estimated living cost  is ₴26399 per week

₴17943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴395
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.
₴5607
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
₴14839
₴25300
₴13513
₴21239
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
microenterprise
-
-
-
-
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.

-
-
-
14 306
income
-
-
-
6 381
total
-
-
-
20 687
Employee
14 466
-
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.

1 591
-
3 945
-
surtax
-
-
-
-
income
2 575
-
6 777
-
total
4 166
-
10 722
-
Employer
14 466
-
35 861
-
surtax
-
-
-
-
social contributions

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

3 485
-
8 639
-
total
3 485
-
8 639
-
Corporate
26 549
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%.

5 310
8 900
-
-
total
5 310
8 900
-
-
Dividends

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

21 239
35 600
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
12 961
8 900
19 361
20 687
After tax
31 539
35 600
25 139
23 813
Living cost
10 300
10 300
10 300
10 300
Free-cash
21 239
25 300
14 839
13 513

Estimated living cost  is ₴10300 per week

₴6571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2514
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
-₴4661
-₴1881
₴4548
-₴4661
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
-
-
-
7 767
pensions
-
-
-
5 800
health
-
-
-
5 646
total
-
-
-
19 213
Employee
42 277
42 277
42 277
-
health
6 489
5 519
6 489
-
pensions
7 610
5 800
7 610
-
income

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

6 920
6 920
6 920
-
total
21 019
18 239
21 019
-
Employer
42 277
42 277
42 277
-
unemployment
1 522
1 522
1 522
-
health
2 939
2 939
2 939
-
pensions
2 942
2 942
2 942
-
total
7 403
7 403
7 403
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
28 422
25 642
28 422
19 213
After tax
16 078
18 858
16 078
25 287
Living cost
20 739
20 739
20 739
20 739
Free-cash
-4 661
-1 881
-4 661
4 548

Estimated living cost  is ₴20739 per week

₴14697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴3762
₴4295
₴2315
₴3846
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
municipal
-
-
-
9 483
other
-
-
-
5 094
unemployment
-
-
-
44
national
-
-
-
-
pensions
-
-
-
4 739
accident
-
-
-
88
health
-
-
-
2 735
total
-
-
-
22 183
Employee
28 501
-
33 861
-
national
-
-
-
-
municipal
8 499
-
10 097
-
total
8 499
-
10 097
-
Employer
28 501
-
33 861
-
unemployment
752
-
894
-
accident
57
-
68
-
health
1 753
-
2 082
-
pensions
3 081
-
3 660
-
other
3 312
-
3 935
-
total
8 955
-
10 639
-
Corporate
7 045
44 500
-
-
income
1 550
9 790
-
-
total
1 550
9 790
-
-
Dividends
5 495
34 710
-
-
withholding
1 648
10 413
-
-
total
1 648
10 413
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 652
20 203
20 736
22 183
After tax
23 848
24 297
23 764
22 317
Living cost
20 002
20 002
20 002
20 002
Free-cash
3 846
4 295
3 762
2 315

Estimated living cost  is ₴20002 per week

₴13256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4479
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
₴12792
₴2838
₴9258
₴9795
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
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.

-
-
-
463
trade
-
-
-
3 534
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.

-
-
-
8 415
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.

-
-
-
3 382
total
-
-
-
15 794
Employee

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

25 106
-
44 500
-
health

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

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

3 382
-
3 382
-
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.

118
-
463
-
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.

2 157
-
8 415
-
total
5 657
-
12 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 394
44 500
-
-
chamber of commerce
102
138
-
-
trade
3 190
7 320
-
-
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
367
-
-
income
2 909
6 675
-
-
total
6 361
14 500
-
-
Dividends
13 033
29 999
-
-
withholding
3 070
7 312
-
-
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.

169
402
-
-
total
3 239
7 714
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 257
22 214
12 260
15 794
After tax
29 243
22 286
32 240
28 706
Living cost
19 448
19 448
19 448
19 448
Free-cash
9 795
2 838
12 792
9 258

Estimated living cost  is ₴19448 per week

₴13007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

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
₴16148
₴16546
₴16193
₴14491
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
-
-
-
4 172
health
-
-
-
1 135
total
-
-
-
12 249
Employee
38 068
38 068
40 399
-
health
379
647
687
-
social contributions
1 850
3 159
3 353
-
income
3 998
3 524
4 153
-
total
6 227
7 330
8 193
-
Employer
38 068
38 068
40 399
-
health
412
705
748
-
social contributions
1 850
3 159
3 353
-
total
2 262
3 864
4 101
-
Corporate
19 954
2 568
-
-
income
2 494
321
-
-
total
2 494
321
-
-
Dividends
17 460
2 246
-
-
withholding
2 968
381
-
-
total
2 968
381
-
-
Income
44 500
44 500
44 500
44 500
Total tax
13 951
11 896
12 294
12 249
After tax
30 549
32 604
32 206
32 251
Living cost
16 058
16 058
16 058
16 058
Free-cash
14 491
16 546
16 148
16 193

Estimated living cost  is ₴16058 per week

₴10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3557
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
₴16931
₴16220
₴21962
₴16404
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
-
-
-
668
income
-
-
-
5 440
pensions
-
-
-
4 450
health
-
-
-
3 115
total
-
-
-
13 673
Employee

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

The minimum wage is 138,000 HUF per month.

12 797
5 093
37 238
-
health
896
357
2 607
-
pensions
1 280
509
3 724
-
unemployment
192
76
559
-
income
1 564
623
4 552
-
total
3 932
1 565
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.

12 797
5 093
37 238
-
pensions
2 495
993
7 262
-
total
2 495
993
7 262
-
Corporate
29 207
38 414
-
-
income
2 629
3 457
-
-
total
2 629
3 457
-
-
Dividends
26 579
34 957
-
-
withholding
5 050
6 642
-
-
social contributions
5 125
6 758
-
-
total
10 175
13 400
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 231
19 415
18 704
13 673
After tax
25 269
25 085
25 796
30 827
Living cost
8 865
8 865
8 865
8 865
Free-cash
16 404
16 220
16 931
21 962

Estimated living cost  is ₴8865 per week

₴6050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
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.
₴1913
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
₴13691
₴23642
₴11893
₴20566
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
-
-
-
5 963
pensions
-
-
-
8 901
health
-
-
-
5 785
total
-
-
-
20 649
Employee
14 044
-
33 259
-
unemployment
225
-
532
-
pensions
281
-
665
-
income
1 581
-
6 412
-
total
2 087
-
7 609
-
Employer
14 044
-
33 259
-
unemployment
113
-
266
-
health
1 825
-
4 324
-
pensions
2 809
-
6 652
-
total
4 747
-
11 242
-
Corporate
25 708
44 500
-
-
income
5 142
8 900
-
-
total
5 142
8 900
-
-
Dividends
20 567
35 600
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
11 976
8 900
18 851
20 649
After tax
32 524
35 600
25 649
23 851
Living cost
11 958
11 958
11 958
11 958
Free-cash
20 566
23 642
13 691
11 893

Estimated living cost  is ₴11958 per week

₴8202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴712
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.
₴2803
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
₴11569
-₴7451
₴19523
₴1909
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
-
-
-
186
income
-
-
-
10 421
pensions
-
-
-
2 091
accident
-
-
-
127
health
-
-
-
1 096
total
-
-
-
13 921
Employee
17 391
-
37 422
-
health
1 991
-
4 285
-
pensions
1 958
-
3 834
-
income
2 386
-
6 678
-
total
6 335
-
14 797
-
Employer
17 391
-
37 422
-
unemployment
426
-
917
-
accident
290
-
625
-
pensions
2 828
-
5 536
-
total
3 544
-
7 078
-
Corporate
23 565
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.

21 208
40 050
-
-
total
21 208
40 050
-
-
Dividends
2 356
4 450
-
-
withholding
448
845
-
-
total
448
845
-
-
Income
44 500
44 500
44 500
44 500
Total tax
31 535
40 895
21 875
13 921
After tax
12 965
3 605
22 625
30 579
Living cost
11 056
11 056
11 056
11 056
Free-cash
1 909
-7 451
11 569
19 523

Estimated living cost  is ₴11056 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴2110
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
₴31590
₴38265
₴40045
₴37514
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
5 012
-
44 500
-
income
1 002
-
8 900
-
total
1 002
-
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%.

39 488
44 500
-
-
total
-
-
-
-
Dividends
39 488
44 500
-
-
withholding
1 974
2 225
-
-
total
1 974
2 225
-
-
Income
44 500
44 500
44 500
44 500
Total tax
2 976
2 225
8 900
445
After tax
41 524
42 275
35 600
44 055
Living cost
4 010
4 010
4 010
4 010
Free-cash
37 514
38 265
31 590
40 045

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1081
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
₴12891
₴19502
₴10904
₴16158
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
17 975
-
35 542
-
health
252
-
498
-
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.

1 258
-
2 488
-
unemployment
179
-
355
-
income
3 095
-
6 118
-
total
4 784
-
9 459
-
Employer
17 975
-
35 542
-
unemployment
179
-
355
-
accident
144
-
285
-
health
252
-
498
-
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.

3 056
-
6 042
-
other
899
-
1 778
-
total
4 530
-
8 958
-
Corporate
21 994
44 500
-
-
income
4 619
9 345
-
-
total
4 619
9 345
-
-
Dividends
17 376
35 155
-
-
withholding
1 217
2 461
-
-
total
1 217
2 461
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 150
11 806
18 417
20 404
After tax
29 350
32 694
26 083
24 096
Living cost
13 192
13 192
13 192
13 192
Free-cash
16 158
19 502
12 891
10 904

Estimated living cost  is ₴13192 per week

₴9321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴891
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.
₴2768
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
-₴5291
₴6
-₴305
-₴9129
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
-
-
-
8 298
pensions
-
-
-
3 172
total
-
-
-
11 470
Employee
47 165
-
39 274
-
health
777
-
616
-
pensions
4 550
-
3 603
-
income
8 502
-
7 011
-
total
13 829
-
11 230
-
Employer
47 165
-
39 274
-
health
896
-
746
-
pensions
5 569
-
4 480
-
total
6 465
-
5 226
-
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
-
2 704
-
-
total
-
2 704
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 294
11 159
16 456
11 470
After tax
24 206
33 341
28 044
33 030
Living cost
33 335
33 335
33 335
33 335
Free-cash
-9 129
6
-5 291
-305

Estimated living cost  is ₴33335 per week

₴24979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴4169
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
₴27996
₴31554
₴26712
₴29252
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
-
-
-
69
income
-
-
-
6 675
pensions

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

-
-
-
2 560
health
-
-
-
1 990
total
-
-
-
11 294
Employee
8 599
-
41 106
-
health
395
-
796
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
pensions

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

755
-
1 519
-
income
860
-
4 111
-
total
2 105
-
6 616
-
Employer
8 599
-
41 106
-
unemployment
51
-
104
-
accident

We are using the highest rate at 1.1%.

95
-
190
-
health
593
-
1 194
-
pensions

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

948
-
1 906
-
total
1 687
-
3 394
-
Corporate
34 214
44 500
-
-
income
3 422
4 450
-
-
total
3 422
4 450
-
-
Dividends
30 793
40 050
-
-
withholding
1 540
2 002
-
-
total
1 540
2 002
-
-
Income
44 500
44 500
44 500
44 500
Total tax
8 754
6 452
10 010
11 294
After tax
35 746
38 048
34 490
33 206
Living cost
6 494
6 494
6 494
6 494
Free-cash
29 252
31 554
27 996
26 712

Estimated living cost  is ₴6494 per week

₴3791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2067
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
-₴11374
-₴8594
-₴2165
-₴9435
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
-
-
-
7 767
pensions
-
-
-
5 800
health
-
-
-
5 646
total
-
-
-
19 213
Employee
45 899
42 277
42 277
-
health
5 726
5 519
6 489
-
pensions
5 800
5 800
7 610
-
income

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

6 920
6 920
6 920
-
total
18 446
18 239
21 019
-
Employer
45 899
42 277
42 277
-
unemployment
1 653
1 522
1 522
-
health
3 190
2 939
2 939
-
pensions
3 194
2 942
2 942
-
total
8 037
7 403
7 403
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
26 483
25 642
28 422
19 213
After tax
18 017
18 858
16 078
25 287
Living cost
27 452
27 452
27 452
27 452
Free-cash
-9 435
-8 594
-11 374
-2 165

Estimated living cost  is ₴27452 per week

₴20251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
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.
₴4435
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
₴10485
₴18541
₴9577
₴14226
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
solidarity contribution
-
-
-
-
social contributions
-
-
-
12 994
income
-
-
-
3 825
health
-
-
-
6 007
total
-
-
-
22 826
Employee
17 790
-
33 209
-
health
2 402
-
4 483
-
social contributions
1 156
-
2 159
-
solidarity contribution
-
-
-
-
income
2 135
-
3 985
-
total
5 693
-
10 627
-
Employer
17 790
-
33 209
-
health
1 601
-
2 989
-
social contributions
4 447
-
8 302
-
total
6 048
-
11 291
-
Corporate
20 662
44 500
-
-
income
3 926
8 455
-
-
total
3 926
8 455
-
-
Dividends
16 736
36 045
-
-
withholding
2 510
5 407
-
-
total
2 510
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 177
13 862
21 918
22 826
After tax
26 323
30 638
22 582
21 674
Living cost
12 097
12 097
12 097
12 097
Free-cash
14 226
18 541
10 485
9 577

Estimated living cost  is ₴12097 per week

₴8403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴861
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.
₴2596
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
₴197
₴2853
₴2313
₴268
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
municipal
-
-
-
264
social contributions
-
-
-
11 446
national
-
-
-
9 104
regional
-
-
-
483
total
-
-
-
21 297
Employee
43 999
-
44 500
-
social contributions
14 836
-
15 005
-
national
7 624
-
7 751
-
regional
415
-
421
-
municipal
233
-
236
-
total
23 108
-
23 413
-
Employer
43 999
-
44 500
-
total
-
-
-
-
Corporate
501
44 500
-
-
municipal
20
1 735
-
-
nationa
120
10 680
-
-
total
140
12 415
-
-
Dividends
361
32 085
-
-
withholding
94
8 342
-
-
total
94
8 342
-
-
Income
44 500
44 500
44 500
44 500
Total tax
23 342
20 757
23 413
21 297
After tax
21 158
23 743
21 087
23 203
Living cost
20 890
20 890
20 890
20 890
Free-cash
268
2 853
197
2 313

Estimated living cost  is ₴20890 per week

₴14562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
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.
₴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 Milan model

Close
Thessaloniki , Greece
₴11629
₴17066
₴12483
₴15524
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
surtax
-
-
-
905
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
8 016
pensions
-
-
-
8 900
health
-
-
-
3 159
total
-
-
-
21 093
Employee
16 372
-
36 761
-
health
418
-
938
-
pensions
1 092
-
2 452
-
unemployment
1 140
-
2 558
-
surtax
54
-
806
-
other
-
-
-
-
income
2 744
-
7 455
-
total
5 448
-
14 209
-
Employer
16 372
-
36 761
-
unemployment
519
-
1 165
-
health
745
-
1 673
-
pensions
2 182
-
4 900
-
other
-
-
-
-
total
3 446
-
7 738
-
Corporate
24 682
44 500
-
-
income
6 418
11 570
-
-
total
6 418
11 570
-
-
Dividends
18 265
32 930
-
-
withholding
2 740
4 940
-
-
total
2 740
4 940
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 052
16 510
21 947
21 093
After tax
26 448
27 990
22 553
23 407
Living cost
10 924
10 924
10 924
10 924
Free-cash
15 524
17 066
11 629
12 483

Estimated living cost  is ₴10924 per week

₴6680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴2985
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
₴5270
₴10567
₴10256
₴6645
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
-
-
-
8 298
pensions
-
-
-
3 172
total
-
-
-
11 470
Employee
31 608
-
39 274
-
health
459
-
616
-
pensions
2 683
-
3 603
-
income
5 693
-
7 011
-
total
8 835
-
11 230
-
Employer
31 608
-
39 274
-
health
600
-
746
-
pensions
3 422
-
4 480
-
total
4 022
-
5 226
-
Corporate
8 869
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.

1 685
8 455
-
-
total
1 685
8 455
-
-
Dividends
7 184
36 045
-
-
withholding
539
2 704
-
-
total
539
2 704
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 081
11 159
16 456
11 470
After tax
29 419
33 341
28 044
33 030
Living cost
22 774
22 774
22 774
22 774
Free-cash
6 645
10 567
5 270
10 256

Estimated living cost  is ₴22774 per week

₴17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1707
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.
₴3766
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
-₴4094
-₴18806
-₴1817
-₴5688
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
city
-
-
-
469
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
national
-
-
-
200
pensions
-
-
-
4 093
regional
-
-
-
1 382
health
-
-
-
128
total
-
-
-
7 162
Employee
45 822
-
39 831
-
health
104
-
90
-
pensions
3 850
-
3 345
-
unemployment
-
-
-
-
city
492
-
427
-
national
217
-
170
-
regional
1 500
-
1 176
-
total
6 163
-
5 208
-
Employer
45 822
-
39 831
-
unemployment
-
-
-
-
health
104
-
90
-
pensions
3 850
-
3 345
-
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.

916
-
796
-
total
4 870
-
4 231
-
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
11 033
24 151
9 439
7 162
After tax
33 467
20 349
35 061
37 338
Living cost
39 155
39 155
39 155
39 155
Free-cash
-5 688
-18 806
-4 094
-1 817

Estimated living cost  is ₴39155 per week

₴25462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴481
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.
₴9699
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
₴9561
-₴622
₴5876
₴7405
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
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.

-
-
-
463
trade
-
-
-
3 685
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.

-
-
-
8 415
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.

-
-
-
3 382
total
-
-
-
15 945
Employee

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

29 753
-
44 500
-
health

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

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

3 382
-
3 382
-
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.

193
-
463
-
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.

3 499
-
8 415
-
total
7 074
-
12 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 747
44 500
-
-
chamber of commerce
96
138
-
-
trade
2 529
7 631
-
-
surtax

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

122
367
-
-
income
2 212
6 675
-
-
total
4 959
14 811
-
-
Dividends
9 788
29 688
-
-
withholding
2 259
7 234
-
-
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.

124
398
-
-
total
2 383
7 632
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 416
22 443
12 260
15 945
After tax
30 084
22 057
32 240
28 555
Living cost
22 679
22 679
22 679
22 679
Free-cash
7 405
-622
9 561
5 876

Estimated living cost  is ₴22679 per week

₴16564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1814
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.
₴4007
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
₴8713
₴5489
₴8830
₴8413
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
surtax
-
-
-
-
other
-
-
-
1 380
social contributions
-
-
-
1 268
income
-
-
-
3 530
pensions
-
-
-
12 005
health
-
-
-
549
total
-
-
-
18 732
Employee
21 188
-
33 909
-
social contributions
604
-
966
-
pensions
2 396
-
3 834
-
surtax
-
-
-
-
income
1 250
-
3 458
-
total
4 250
-
8 258
-
Employer
21 188
-
33 909
-
unemployment
858
-
1 374
-
health
1 483
-
2 374
-
pensions
3 481
-
5 572
-
other
731
-
1 170
-
social contributions
64
-
101
-
total
6 617
-
10 591
-
Corporate
16 695
44 500
-
-
surtax
-
-
-
-
income
4 675
12 460
-
-
total
4 675
12 460
-
-
Dividends
12 020
32 040
-
-
withholding
1 539
4 101
-
-
surtax
-
-
-
-
social contributions
2 068
5 512
-
-
total
3 607
9 613
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 149
22 073
18 849
18 732
After tax
25 351
22 427
25 651
25 768
Living cost
16 938
16 938
16 938
16 938
Free-cash
8 413
5 489
8 713
8 830

Estimated living cost  is ₴16938 per week

₴10680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4593
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
₴10391
₴7167
₴10508
₴9919
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
surtax
-
-
-
-
other
-
-
-
1 380
social contributions
-
-
-
1 268
income
-
-
-
3 530
pensions
-
-
-
12 005
health
-
-
-
549
total
-
-
-
18 732
Employee
18 913
-
33 909
-
social contributions
539
-
966
-
pensions
2 139
-
3 834
-
surtax
-
-
-
-
income
975
-
3 458
-
total
3 653
-
8 258
-
Employer
18 913
-
33 909
-
unemployment
766
-
1 374
-
health
1 324
-
2 374
-
pensions
3 108
-
5 572
-
other
653
-
1 170
-
social contributions
56
-
101
-
total
5 907
-
10 591
-
Corporate
19 680
44 500
-
-
surtax
-
-
-
-
income
5 510
12 460
-
-
total
5 510
12 460
-
-
Dividends
14 170
32 040
-
-
withholding
1 814
4 101
-
-
surtax
-
-
-
-
social contributions
2 437
5 512
-
-
total
4 251
9 613
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 321
22 073
18 849
18 732
After tax
25 179
22 427
25 651
25 768
Living cost
15 260
15 260
15 260
15 260
Free-cash
9 919
7 167
10 391
10 508

Estimated living cost  is ₴15260 per week

₴8850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1550
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.
₴4571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴18417
₴16650
₴18080
₴16906
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
16 786
-
44 500
-
health
1 172
-
3 106
-
social contributions
2 317
-
6 141
-
income
2 800
-
6 338
-
total
6 289
-
15 585
-
Employer
16 786
-
44 500
-
total
-
-
-
-
Corporate
27 714
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%.

1 386
2 225
-
-
total
1 386
2 225
-
-
Dividends
26 329
42 275
-
-
withholding
3 950
6 342
-
-
health
1 838
2 951
-
-
social contributions
3 633
5 834
-
-
total
9 421
15 127
-
-
Income
44 500
44 500
44 500
44 500
Total tax
17 096
17 352
15 585
15 922
After tax
27 404
27 148
28 915
28 578
Living cost
10 498
10 498
10 498
10 498
Free-cash
16 906
16 650
18 417
18 080

Estimated living cost  is ₴10498 per week

₴7025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴647
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.
₴2583
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
-₴2987
₴7585
₴5498
₴6821
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
surtax
-
-
-
98
chamber of commerce
-
-
-
178
unemployment
-
-
-
3 036
income
-
-
-
6 608
pensions
-
-
-
8 233
health
-
-
-
3 405
total
-
-
-
21 558
Employee
24 741
19 729
34 479
-
health
957
764
1 334
-
pensions
2 534
2 020
3 531
-
unemployment
742
592
1 034
-
other
247
197
345
-
income
2 817
1 455
5 629
-
total
7 297
5 028
11 873
-
Employer
24 741
19 729
34 479
-
unemployment
742
592
1 034
-
payroll
742
592
1 034
-
accident
321
256
448
-
health
935
746
1 303
-
pensions
3 105
2 476
4 327
-
other
1 175
937
1 638
-
surtax
98
98
98
-
chamber of commerce
99
79
138
-
total
7 217
5 776
10 020
-
Corporate
12 542
18 995
32 600
-
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.

3 135
4 749
8 150
-
total
3 135
4 749
8 150
-
Dividends
9 407
14 246
-
-
withholding
2 586
3 918
-
-
total
2 586
3 918
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 235
19 471
30 043
21 558
After tax
24 265
25 029
14 457
22 942
Living cost
17 444
17 444
17 444
17 444
Free-cash
6 821
7 585
-2 987
5 498

Estimated living cost  is ₴17444 per week

₴11635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
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.
₴4035
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
-₴403
₴6925
₴3451
-₴1221
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
-
-
-
6 671
communal

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

-
-
-
2 270
national
-
-
-
14 057
total
-
-
-
22 998
Employee

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

35 413
-
34 466
-
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.

1 664
-
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.

2 656
-
2 585
-
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.

308
-
300
-
national
10 887
-
10 517
-
communal

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

1 847
-
1 798
-
total
17 362
-
16 820
-
Employer

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

35 413
-
34 466
-
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.

517
-
504
-
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.

460
-
448
-
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.

2 178
-
2 119
-
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.

3 138
-
3 053
-
surtax
4 015
-
3 908
-
total
10 308
-
10 032
-
Corporate
-
44 500
-
-
surtax
-
178
-
-
income
-
8 900
-
-
total
-
9 078
-
-
Dividends
-
35 423
-
-
withholding

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

-
10 446
-
-
total
-
10 446
-
-
Income
44 500
44 500
44 500
44 500
Total tax
27 670
19 524
26 852
22 998
After tax
16 830
24 976
17 648
21 502
Living cost
18 051
18 051
18 051
18 051
Free-cash
-1 221
6 925
-403
3 451

Estimated living cost  is ₴18051 per week

₴11627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4563
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
₴5966
₴12115
₴5649
₴8173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
44 500
other
-
-
-
44
unemployment
-
-
-
312
income
-
-
-
7 622
pensions
-
-
-
12 594
accident
-
-
-
400
total
-
-
-
20 972
Employee
24 643
-
33 742
-
pensions
1 158
-
1 586
-
unemployment
382
-
523
-
other
24
-
34
-
income
5 200
-
7 756
-
total
6 764
-
9 899
-
Employer
24 643
-
33 742
-
unemployment
1 356
-
1 855
-
accident
488
-
668
-
pensions
5 815
-
7 963
-
other
196
-
270
-
total
7 855
-
10 756
-
Corporate
12 002
44 500
-
-
income

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

1 800
6 675
-
-
total
1 800
6 675
-
-
Dividends
10 202
37 825
-
-
withholding
2 029
7 831
-
-
total
2 029
7 831
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 448
14 506
20 655
20 972
After tax
26 052
29 994
23 845
23 528
Living cost
17 879
17 879
17 879
17 879
Free-cash
8 173
12 115
5 966
5 649

Estimated living cost  is ₴17879 per week

₴13166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3187
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
₴1269
₴475
-₴864
-₴2662
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
surtax
-
-
-
2 206
income
-
-
-
3 269
communal
-
-
-
2 813
pensions
-
-
-
6 670
accident
-
-
-
375
health
-
-
-
3 127
total
-
-
-
18 460
Employee
37 491
-
39 749
-
health
1 669
-
1 769
-
pensions
2 999
-
3 180
-
surtax
2 298
-
2 436
-
income
3 621
-
4 191
-
total
10 587
-
11 576
-
Employer
37 491
-
39 749
-
accident
337
-
358
-
health
1 143
-
1 213
-
pensions
2 999
-
3 180
-
total
4 479
-
4 751
-
Corporate
2 529
44 500
-
-
communal
-
3 004
-
-
surtax
26
467
-
-
income
380
6 675
-
-
total
406
10 146
-
-
Dividends
2 124
34 355
-
-
withholding
318
5 153
-
-
income
4 468
1 822
-
-
total
4 786
6 975
-
-
Income
44 500
44 500
44 500
44 500
Total tax
20 258
17 121
16 327
18 460
After tax
24 242
27 379
28 173
26 040
Living cost
26 904
26 904
26 904
26 904
Free-cash
-2 662
475
1 269
-864

Estimated living cost  is ₴26904 per week

₴20182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4806
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
₴11433
₴16870
₴12287
₴15296
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
surtax
-
-
-
905
other
-
-
-
-
unemployment
-
-
-
113
income
-
-
-
8 016
pensions
-
-
-
8 900
health
-
-
-
3 159
total
-
-
-
21 093
Employee
16 672
-
36 761
-
health
426
-
938
-
pensions
1 112
-
2 452
-
unemployment
1 160
-
2 558
-
surtax
59
-
806
-
other
-
-
-
-
income
2 795
-
7 455
-
total
5 552
-
14 209
-
Employer
16 672
-
36 761
-
unemployment
529
-
1 165
-
health
758
-
1 673
-
pensions
2 223
-
4 900
-
other
-
-
-
-
total
3 510
-
7 738
-
Corporate
24 318
44 500
-
-
income
6 323
11 570
-
-
total
6 323
11 570
-
-
Dividends
17 995
32 930
-
-
withholding
2 699
4 940
-
-
total
2 699
4 940
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 084
16 510
21 947
21 093
After tax
26 416
27 990
22 553
23 407
Living cost
11 120
11 120
11 120
11 120
Free-cash
15 296
16 870
11 433
12 287

Estimated living cost  is ₴11120 per week

₴6714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
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.
₴3182
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
₴7573
₴10053
₴9679
₴8955
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
municipal
-
-
-
264
social contributions
-
-
-
11 446
national
-
-
-
9 104
regional
-
-
-
671
total
-
-
-
21 485
Employee
27 462
-
44 500
-
social contributions
9 261
-
15 005
-
national
4 351
-
7 751
-
regional
370
-
599
-
municipal
146
-
236
-
total
14 128
-
23 591
-
Employer
27 462
-
44 500
-
total
-
-
-
-
Corporate
17 038
44 500
-
-
municipal
846
2 212
-
-
nationa
4 089
10 680
-
-
total
4 935
12 892
-
-
Dividends
12 103
31 608
-
-
withholding
3 146
8 219
-
-
total
3 146
8 219
-
-
Income
44 500
44 500
44 500
44 500
Total tax
22 209
21 111
23 591
21 485
After tax
22 291
23 389
20 909
23 015
Living cost
13 336
13 336
13 336
13 336
Free-cash
8 955
10 053
7 573
9 679

Estimated living cost  is ₴13336 per week

₴8294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3463
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
₴7675
₴15731
₴6767
₴10413
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
solidarity contribution
-
-
-
-
social contributions
-
-
-
12 994
income
-
-
-
3 825
health
-
-
-
6 007
total
-
-
-
22 826
Employee
21 922
-
33 209
-
health
2 959
-
4 483
-
social contributions
1 425
-
2 159
-
solidarity contribution
-
-
-
-
income
2 631
-
3 985
-
total
7 015
-
10 627
-
Employer
21 922
-
33 209
-
health
1 973
-
2 989
-
social contributions
5 480
-
8 302
-
total
7 453
-
11 291
-
Corporate
15 125
44 500
-
-
income
2 874
8 455
-
-
total
2 874
8 455
-
-
Dividends
12 251
36 045
-
-
withholding
1 838
5 407
-
-
total
1 838
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 180
13 862
21 918
22 826
After tax
25 320
30 638
22 582
21 674
Living cost
14 907
14 907
14 907
14 907
Free-cash
10 413
15 731
7 675
6 767

Estimated living cost  is ₴14907 per week

₴11086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴826
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.
₴2737
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
-₴1341
₴9289
₴7246
₴9045
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
surtax
-
-
-
-
chamber of commerce
-
-
-
178
unemployment
-
-
-
3 036
income
-
-
-
6 608
pensions
-
-
-
8 233
health
-
-
-
3 405
total
-
-
-
21 460
Employee
21 641
19 729
34 556
-
health
837
764
1 337
-
pensions
2 216
2 020
3 538
-
unemployment
649
592
1 036
-
other
216
197
346
-
income
1 928
1 455
5 677
-
total
5 846
5 028
11 934
-
Employer
21 641
19 729
34 556
-
unemployment
649
592
1 036
-
payroll
649
592
1 036
-
accident
281
256
449
-
health
818
746
1 306
-
pensions
2 716
2 476
4 337
-
other
1 028
937
1 641
-
surtax
-
-
-
-
chamber of commerce
86
79
138
-
total
6 227
5 678
9 943
-
Corporate
16 631
19 093
32 678
-
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.

4 158
4 774
8 170
-
total
4 158
4 774
8 170
-
Dividends
12 473
14 319
-
-
withholding
3 430
3 937
-
-
total
3 430
3 937
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 661
19 417
30 047
21 460
After tax
24 839
25 083
14 453
23 040
Living cost
15 794
15 794
15 794
15 794
Free-cash
9 045
9 289
-1 341
7 246

Estimated living cost  is ₴15794 per week

₴9475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1613
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.
₴4425
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
₴29352
₴36027
₴37807
₴34856
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
7 810
-
44 500
-
income
1 562
-
8 900
-
total
1 562
-
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%.

36 690
44 500
-
-
total
-
-
-
-
Dividends
36 690
44 500
-
-
withholding
1 834
2 225
-
-
total
1 834
2 225
-
-
Income
44 500
44 500
44 500
44 500
Total tax
3 396
2 225
8 900
445
After tax
41 104
42 275
35 600
44 055
Living cost
6 248
6 248
6 248
6 248
Free-cash
34 856
36 027
29 352
37 807

Estimated living cost  is ₴6248 per week

₴4228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1548
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
₴8686
₴17359
₴9963
₴13219
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
-
-
-
8 685
pensions
-
-
-
8 127
health
-
-
-
4 379
total
-
-
-
21 258
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.

21 892
-
38 504
-
health
1 414
-
2 488
-
pensions
3 393
-
5 969
-
unemployment
31
-
54
-
income
3 775
-
8 028
-
total
8 613
-
16 539
-
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.

21 892
-
38 504
-
unemployment
13
-
23
-
health
1 458
-
2 565
-
pensions
1 937
-
3 408
-
total
3 408
-
5 996
-
Corporate
19 200
44 500
-
-
income
3 648
8 455
-
-
total
3 648
8 455
-
-
Dividends
15 551
36 045
-
-
withholding
2 333
5 407
-
-
total
2 333
5 407
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 002
13 862
22 535
21 258
After tax
26 498
30 638
21 965
23 242
Living cost
13 279
13 279
13 279
13 279
Free-cash
13 219
17 359
8 686
9 963

Estimated living cost  is ₴13279 per week

₴9113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3058
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
₴16789
₴5838
₴9517
-₴28882
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
30 449
-
-
-
social contributions
2 497
-
356
-
income
6 716
-
-
-
total
9 213
-
356
-
Employer
30 449
-
-
-
social contributions
42 933
-
6 119
-
total
42 933
-
6 119
-
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
52 146
17 426
6 475
13 747
After tax
-7 646
27 074
38 025
30 753
Living cost
21 236
21 236
21 236
21 236
Free-cash
-28 882
5 838
16 789
9 517

Estimated living cost  is ₴21236 per week

₴13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴5189
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
₴7461
₴9783
₴9521
₴9284
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
surtax
-
-
-
-
social contributions

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

-
-
-
15 464
income
-
-
-
3 986
total
-
-
-
19 450
Employee
22 769
-
35 959
-
social contributions
2 505
-
3 955
-
surtax
-
-
-
-
income
4 736
-
9 015
-
total
7 241
-
12 970
-
Employer
22 769
-
35 959
-
social contributions
5 408
-
8 540
-
total
5 408
-
8 540
-
Corporate
16 323
44 500
-
-
surtax
-
-
-
-
income
3 428
9 345
-
-
total
3 428
9 345
-
-
Dividends
12 895
35 155
-
-
withholding
3 610
9 843
-
-
total
3 610
9 843
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 687
19 188
21 510
19 450
After tax
24 813
25 312
22 990
25 050
Living cost
15 529
15 529
15 529
15 529
Free-cash
9 284
9 783
7 461
9 521

Estimated living cost  is ₴15529 per week

₴11619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
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.
₴2735
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
₴1740
-₴1484
₴1857
₴1920
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
surtax
-
-
-
-
other
-
-
-
1 380
social contributions
-
-
-
1 268
income
-
-
-
3 530
pensions
-
-
-
12 005
health
-
-
-
549
total
-
-
-
18 732
Employee
31 007
-
33 909
-
social contributions
883
-
966
-
pensions
3 507
-
3 834
-
surtax
-
-
-
-
income
2 705
-
3 458
-
total
7 095
-
8 258
-
Employer
31 007
-
33 909
-
unemployment
1 256
-
1 374
-
health
2 170
-
2 374
-
pensions
5 095
-
5 572
-
other
1 070
-
1 170
-
social contributions
93
-
101
-
total
9 684
-
10 591
-
Corporate
3 809
44 500
-
-
surtax
-
-
-
-
income
1 066
12 460
-
-
total
1 066
12 460
-
-
Dividends
2 742
32 040
-
-
withholding
351
4 101
-
-
surtax
-
-
-
-
social contributions
473
5 512
-
-
total
824
9 613
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 669
22 073
18 849
18 732
After tax
25 831
22 427
25 651
25 768
Living cost
23 911
23 911
23 911
23 911
Free-cash
1 920
-1 484
1 740
1 857

Estimated living cost  is ₴23911 per week

₴16183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴5444
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
₴20468
₴25168
₴19220
₴23505
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
-
-
-
608
social contributions
-
-
-
9 790
total
-
-
-
10 398
Employee
15 916
-
38 528
-
social contributions
1 034
-
2 504
-
income
-
-
674
-
total
1 034
-
3 178
-
Employer
15 916
-
38 528
-
social contributions
2 467
-
5 972
-
total
2 467
-
5 972
-
Corporate
26 117
44 500
-
-
income
2 612
4 450
-
-
total
2 612
4 450
-
-
Dividends
23 505
40 050
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
6 113
4 450
9 150
10 398
After tax
38 387
40 050
35 350
34 102
Living cost
14 882
14 882
14 882
14 882
Free-cash
23 505
25 168
20 468
19 220

Estimated living cost  is ₴14882 per week

₴9622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
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.
₴3858
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
-₴63366
-₴63366
₴4008
-₴63366
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
municipal
-
-
-
8 051
labour market
-
-
-
3 526
national
-
-
-
4 643
pensions
-
-
-
429
total
-
-
-
16 649
Employee
100 636
100 636
100 636
-
pensions
143
143
143
-
national
12 294
12 294
12 294
-
labour market
8 039
8 039
8 039
-
municipal
21 430
21 430
21 430
-
total
41 906
41 906
41 906
-
Employer
100 636
100 636
100 636
-
pensions
286
286
286
-
national
12 316
12 316
12 316
-
labour market
8 051
8 051
8 051
-
municipal
21 464
21 464
21 464
-
total
42 117
42 117
42 117
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
44 500
44 500
44 500
44 500
Total tax
84 023
84 023
84 023
16 649
After tax
-39 523
-39 523
-39 523
27 851
Living cost
23 843
23 843
23 843
23 843
Free-cash
-63 366
-63 366
-63 366
4 008

Estimated living cost  is ₴23843 per week

₴16318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴367
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.
₴5049
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
₴11733
-₴7287
₴19687
₴1934
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
-
-
-
186
income
-
-
-
10 421
pensions
-
-
-
2 091
accident
-
-
-
127
health
-
-
-
1 096
total
-
-
-
13 921
Employee
17 135
-
37 422
-
health
1 962
-
4 285
-
pensions
1 929
-
3 834
-
income
2 351
-
6 678
-
total
6 242
-
14 797
-
Employer
17 135
-
37 422
-
unemployment
420
-
917
-
accident
286
-
625
-
pensions
2 786
-
5 536
-
total
3 492
-
7 078
-
Corporate
23 873
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.

21 486
40 050
-
-
total
21 486
40 050
-
-
Dividends
2 387
4 450
-
-
withholding
454
845
-
-
total
454
845
-
-
Income
44 500
44 500
44 500
44 500
Total tax
31 674
40 895
21 875
13 921
After tax
12 826
3 605
22 625
30 579
Living cost
10 892
10 892
10 892
10 892
Free-cash
1 934
-7 287
11 733
19 687

Estimated living cost  is ₴10892 per week

₴7929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2139
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
₴6776
₴10964
₴13154
₴9370
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
-
-
-
3 937
health
-
-
-
478
total
-
-
-
12 339
Employee
26 047
-
37 435
-
health
194
-
370
-
pensions
1 758
-
2 527
-
unemployment
391
-
562
-
national
430
-
2 078
-
municipal
4 266
-
6 116
-
total
7 039
-
11 653
-
Employer
26 047
-
37 435
-
unemployment
169
-
243
-
accident
26
-
38
-
health
200
-
288
-
pensions
4 519
-
6 495
-
total
4 914
-
7 064
-
Corporate
13 539
44 500
-
-
income
2 708
8 900
-
-
total
2 708
8 900
-
-
Dividends

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

8 124
26 700
-
-
national
-
823
-
-
municipal
1 462
4 806
-
-
total
1 462
5 629
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 123
14 529
18 717
12 339
After tax
28 377
29 971
25 783
32 161
Living cost
19 007
19 007
19 007
19 007
Free-cash
9 370
10 964
6 776
13 154

Estimated living cost  is ₴19007 per week

₴12415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1828
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.
₴4462
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
₴20744
₴21142
₴20789
₴18447
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
-
-
-
4 172
health
-
-
-
1 135
total
-
-
-
12 249
Employee
38 068
38 068
40 399
-
health
295
647
687
-
social contributions
1 439
3 159
3 353
-
income
4 145
3 524
4 153
-
total
5 879
7 330
8 193
-
Employer
38 068
38 068
40 399
-
health
320
705
748
-
social contributions
1 439
3 159
3 353
-
total
1 759
3 864
4 101
-
Corporate
25 399
2 568
-
-
income
3 175
321
-
-
total
3 175
321
-
-
Dividends
22 224
2 246
-
-
withholding
3 778
381
-
-
total
3 778
381
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 591
11 896
12 294
12 249
After tax
29 909
32 604
32 206
32 251
Living cost
11 462
11 462
11 462
11 462
Free-cash
18 447
21 142
20 744
20 789

Estimated living cost  is ₴11462 per week

₴6870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴19604
₴28991
₴27510
₴26472
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
-
-
-
4 175
pensions
-
-
-
3 149
health
-
-
-
1 792
total
-
-
-
9 130
Employee

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

11 364
-
40 344
-
health
966
-
3 429
-
pensions
1 704
-
6 051
-
unemployment
56
-
202
-
income
777
-
3 198
-
total
3 503
-
12 880
-
Employer

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

11 364
-
40 344
-
unemployment
56
-
202
-
health
489
-
1 735
-
pensions
625
-
2 219
-
total
1 170
-
4 156
-
Corporate
31 967
44 500
-
-
income
2 877
4 005
-
-
total
2 877
4 005
-
-
Dividends
29 090
40 495
-
-
withholding
2 618
3 644
-
-
total
2 618
3 644
-
-
Income
44 500
44 500
44 500
44 500
Total tax
10 168
7 649
17 036
9 130
After tax
34 332
36 851
27 464
35 370
Living cost
7 860
7 860
7 860
7 860
Free-cash
26 472
28 991
19 604
27 510

Estimated living cost  is ₴7860 per week

₴5015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2044
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
₴10231
₴16380
₴9914
₴13783
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
-
-
-
44
unemployment
-
-
-
312
income
-
-
-
7 622
pensions
-
-
-
12 594
accident
-
-
-
400
total
-
-
-
20 972
Employee
18 306
-
33 742
-
pensions
861
-
1 586
-
unemployment
284
-
523
-
other
18
-
34
-
income
3 529
-
7 756
-
total
4 692
-
9 899
-
Employer
18 306
-
33 742
-
unemployment
1 007
-
1 855
-
accident
363
-
668
-
pensions
4 320
-
7 963
-
other
147
-
270
-
total
5 837
-
10 756
-
Corporate
20 358
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.

3 053
6 675
-
-
total
3 053
6 675
-
-
Dividends
17 305
37 825
-
-
withholding
3 521
7 831
-
-
total
3 521
7 831
-
-
Income
44 500
44 500
44 500
44 500
Total tax
17 103
14 506
20 655
20 972
After tax
27 397
29 994
23 845
23 528
Living cost
13 614
13 614
13 614
13 614
Free-cash
13 783
16 380
10 231
9 914

Estimated living cost  is ₴13614 per week

₴9189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1309
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.
₴2878
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
₴27253
₴26760
₴27325
₴26594
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
-
-
-
14 899
pensions
-
-
-
735
health
-
-
-
533
total
-
-
-
16 167
Employee
1 535
-
43 673
-
health
77
-
184
-
pensions
138
-
331
-
unemployment
15
-
37
-
income
297
-
14 860
-
total
527
-
15 412
-
Employer
1 535
-
43 673
-
unemployment
31
-
74
-
health
146
-
349
-
pensions
169
-
404
-
total
346
-
827
-
Corporate
42 619
44 500
-
-
income
9 376
9 790
-
-
total
9 376
9 790
-
-
Dividends
33 243
34 710
-
-
withholding
6 649
6 942
-
-
total
6 649
6 942
-
-
Income
44 500
44 500
44 500
44 500
Total tax
16 898
16 732
16 239
16 167
After tax
27 602
27 768
28 261
28 333
Living cost
1 008
1 008
1 008
1 008
Free-cash
26 594
26 760
27 253
27 325

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴304
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
₴14373
₴23588
₴14373
₴21151
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
-
-
-
549
income
-
-
-
7 732
pensions
-
-
-
9 514
health
-
-
-
3 769
total
-
-
-
21 564
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.

12 913
-
37 950
-
health
665
-
1 885
-
pensions
1 808
-
5 123
-
unemployment
97
-
274
-
income
1 780
-
7 732
-
total
4 350
-
15 014
-
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.

12 913
-
37 950
-
unemployment
97
-
274
-
health
665
-
1 885
-
pensions
1 550
-
4 391
-
total
2 312
-
6 550
-
Corporate
29 276
44 500
-
-
income
4 391
6 675
-
-
total
4 391
6 675
-
-
Dividends
24 885
37 825
-
-
withholding
3 733
5 674
-
-
total
3 733
5 674
-
-
Income
44 500
44 500
44 500
44 500
Total tax
14 786
12 349
21 564
21 564
After tax
29 714
32 151
22 936
22 936
Living cost
8 563
8 563
8 563
8 563
Free-cash
21 151
23 588
14 373
14 373

Estimated living cost  is ₴8563 per week

₴5766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1887
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
₴9643
₴11965
₴11703
₴11786
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
surtax
-
-
-
-
social contributions

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

-
-
-
15 464
income
-
-
-
3 986
total
-
-
-
19 450
Employee
19 215
-
35 959
-
social contributions
2 114
-
3 955
-
surtax
-
-
-
-
income
3 754
-
9 015
-
total
5 868
-
12 970
-
Employer
19 215
-
35 959
-
social contributions
4 563
-
8 540
-
total
4 563
-
8 540
-
Corporate
20 722
44 500
-
-
surtax
-
-
-
-
income
4 352
9 345
-
-
total
4 352
9 345
-
-
Dividends
16 371
35 155
-
-
withholding
4 584
9 843
-
-
total
4 584
9 843
-
-
Income
44 500
44 500
44 500
44 500
Total tax
19 367
19 188
21 510
19 450
After tax
25 133
25 312
22 990
25 050
Living cost
13 347
13 347
13 347
13 347
Free-cash
11 786
11 965
9 643
11 703

Estimated living cost  is ₴13347 per week

₴9453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
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.
₴2730
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
₴6446
₴12595
₴6129
₴8819
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
-
-
-
44
unemployment
-
-
-
312
income
-
-
-
7 622
pensions
-
-
-
12 594
accident
-
-
-
400
total
-
-
-
20 972
Employee
23 910
-
33 742
-
pensions
1 124
-
1 586
-
unemployment
370
-
523
-
other
23
-
34
-
income
4 994
-
7 756
-
total
6 511
-
9 899
-
Employer
23 910
-
33 742
-
unemployment
1 315
-
1 855
-
accident
474
-
668
-
pensions
5 643
-
7 963
-
other
192
-
270
-
total
7 624
-
10 756
-
Corporate
12 968
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.

1 945
6 675
-
-
total
1 945
6 675
-
-
Dividends
11 023
37 825
-
-
withholding
2 202
7 831
-
-
total
2 202
7 831
-
-
Income
44 500
44 500
44 500
44 500
Total tax
18 282
14 506
20 655
20 972
After tax
26 218
29 994
23 845
23 528
Living cost
17 399
17 399
17 399
17 399
Free-cash
8 819
12 595
6 446
6 129

Estimated living cost  is ₴17399 per week

₴12495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
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.
₴3306
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
₴25970
₴29528
₴24686
₴26509
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
-
-
-
69
income
-
-
-
6 675
pensions

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

-
-
-
2 560
health
-
-
-
1 990
total
-
-
-
11 294
Employee
11 282
-
41 106
-
health
519
-
796
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
pensions

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

990
-
1 519
-
income
1 128
-
4 111
-
total
2 761
-
6 616
-
Employer
11 282
-
41 106
-
unemployment
68
-
104
-
accident

We are using the highest rate at 1.1%.

124
-
190
-
health
779
-
1 194
-
pensions

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

1 243
-
1 906
-
total
2 214
-
3 394
-
Corporate
31 005
44 500
-
-
income
3 101
4 450
-
-
total
3 101
4 450
-
-
Dividends
27 904
40 050
-
-
withholding
1 395
2 002
-
-
total
1 395
2 002
-
-
Income
44 500
44 500
44 500
44 500
Total tax
9 471
6 452
10 010
11 294
After tax
35 029
38 048
34 490
33 206
Living cost
8 520
8 520
8 520
8 520
Free-cash
26 509
29 528
25 970
24 686

Estimated living cost  is ₴8520 per week

₴5635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2194
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
₴13127
₴3859
₴10045
₴10336
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
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.

-
-
-
463
trade
-
-
-
3 082
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.

-
-
-
8 415
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.

-
-
-
3 382
total
-
-
-
15 342
Employee

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

24 633
-
44 500
-
health

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

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

3 382
-
3 382
-
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.

112
-
463
-
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.

2 026
-
8 415
-
total
5 520
-
12 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 867
44 500
-
-
chamber of commerce
104
140
-
-
trade
2 851
6 386
-
-
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.

163
367
-
-
income
2 980
6 675
-
-
total
6 098
13 568
-
-
Dividends
13 768
30 932
-
-
withholding
3 254
7 545
-
-
surtax

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

179
415
-
-
total
3 433
7 960
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 051
21 528
12 260
15 342
After tax
29 449
22 972
32 240
29 158
Living cost
19 113
19 113
19 113
19 113
Free-cash
10 336
3 859
13 127
10 045

Estimated living cost  is ₴19113 per week

₴13185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2057
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.
₴3594
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
₴2829
₴2949
₴2829
₴4042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
44 500
income
-
-
-
9 618
social contributions
-
-
-
3 852
total
-
-
-
13 470
Employee
38 725
-
44 500
-
social contributions
3 217
-
3 852
-
income
7 307
-
9 618
-
total
10 524
-
13 470
-
Employer
38 725
-
44 500
-
total
-
-
-
-
Corporate
5 775
44 500
-
-
income
722
5 563
-
-
total
722
5 563
-
-
Dividends
5 053
38 937
-
-
withholding
1 011
7 787
-
-
total
1 011
7 787
-
-
Income
44 500
44 500
44 500
44 500
Total tax
12 257
13 350
13 470
13 470
After tax
32 243
31 150
31 030
31 030
Living cost
28 201
28 201
28 201
28 201
Free-cash
4 042
2 949
2 829
2 829

Estimated living cost  is ₴28201 per week

₴21455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴4179
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
₴14633
₴8338
₴9421
₴10783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
44 500
income
-
-
-
14 092
health

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

-
-
-
3 016
total
-
-
-
17 108
Employee
22 711
-
42 223
-
social contributions
2 275
-
2 277
-
income
2 464
-
7 342
-
total
4 739
-
9 619
-
Employer
22 711
-
42 223
-
social contributions
2 275
-
2 277
-
total
2 275
-
2 277
-
Corporate
19 514
44 500
-
-
income
6 830
15 575
-
-
total
6 830
15 575
-
-
Dividends
12 684
28 925
-
-
social contributions
1 902
2 616
-
-
total
1 902
2 616
-
-
Income
44 500
44 500
44 500
44 500
Total tax
15 746
18 191
11 896
17 108
After tax
28 754
26 309
32 604
27 392
Living cost
17 971
17 971
17 971
17 971
Free-cash
10 783
8 338
14 633
9 421

Estimated living cost  is ₴17971 per week

₴11838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴4441
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
₴9530
₴14827
₴14516
₴12014
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
-
-
-
8 298
pensions
-
-
-
3 172
total
-
-
-
11 470
Employee
25 414
-
39 274
-
health
332
-
616
-
pensions
1 940
-
3 603
-
income
4 628
-
7 011
-
total
6 900
-
11 230
-
Employer
25 414
-
39 274
-
health
483
-
746
-
pensions
2 568
-
4 480
-
total
3 051
-
5 226
-
Corporate
16 036
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.

3 047
8 455
-
-
total
3 047
8 455
-
-
Dividends
12 988
36 045
-
-
withholding
974
2 704
-
-
total
974
2 704
-
-
Income
44 500
44 500
44 500
44 500
Total tax
13 972
11 159
16 456
11 470
After tax
30 528
33 341
28 044
33 030
Living cost
18 514
18 514
18 514
18 514
Free-cash
12 014
14 827
9 530
14 516

Estimated living cost  is ₴18514 per week

₴12701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
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.
₴3878
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
₴10654
-₴8366
₴18608
₴1769
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
-
-
-
186
income
-
-
-
10 421
pensions
-
-
-
2 091
accident
-
-
-
127
health
-
-
-
1 096
total
-
-
-
13 921
Employee
18 831
-
37 422
-
health
2 156
-
4 285
-
pensions
2 120
-
3 834
-
income
2 583
-
6 678
-
total
6 859
-
14 797
-
Employer
18 831
-
37 422
-
unemployment
461
-
917
-
accident
314
-
625
-
pensions
3 062
-
5 536
-
total
3 837
-
7 078
-
Corporate
21 832
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.

19 649
40 050
-
-
total
19 649
40 050
-
-
Dividends
2 183
4 450
-
-
withholding
415
845
-
-
total
415
845
-
-
Income
44 500
44 500
44 500
44 500
Total tax
30 760
40 895
21 875
13 921
After tax
13 740
3 605
22 625
30 579
Living cost
11 971
11 971
11 971
11 971
Free-cash
1 769
-8 366
10 654
18 608

Estimated living cost  is ₴11971 per week

₴8785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴698
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.
₴2247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴20225
₴31133
₴18880
₴28724
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
health insurance
-
-
-
3 293
income
-
-
-
6 690
pensions
-
-
-
8 188
work injury
-
-
-
223
total
-
-
-
18 928
Employee

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

10 707
-
44 500
-
pensions
1 970
-
7 289
-
unemployment
128
-
475
-
work injury
54
-
198
-
health insurance
792
-
2 931
-
income
1 071
-
6 690
-
total
4 015
-
17 583
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 793
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
33 793
44 500
-
-
withholding
5 069
6 675
-
-
total
5 069
6 675
-
-
Income
44 500
44 500
44 500
44 500
Total tax
9 084
6 675
17 583
18 928
After tax
35 416
37 825
26 917
25 572
Living cost
6 692
6 692
6 692
6 692
Free-cash
28 724
31 133
20 225
18 880

Estimated living cost  is ₴6692 per week

₴4146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴486
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.
₴1851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₴1054
₴3717
₴3088
₴1465
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
municipal
-
-
-
298
social contributions
-
-
-
11 446
national
-
-
-
9 104
regional
-
-
-
842
total
-
-
-
21 690
Employee
41 718
-
44 500
-
social contributions
14 067
-
15 005
-
national
7 050
-
7 751
-
regional
630
-
702
-
municipal
249
-
266
-
total
21 996
-
23 724
-
Employer
41 718
-
44 500
-
total
-
-
-
-
Corporate
2 782
44 500
-
-
municipal
134
2 145
-
-
nationa
668
10 680
-
-
total
802
12 825
-
-
Dividends
1 980
31 675
-
-
withholding
515
8 236
-
-
total
515
8 236
-
-
Income
44 500
44 500
44 500
44 500
Total tax
23 313
21 061
23 724
21 690
After tax
21 187
23 439
20 776
22 810
Living cost
19 722
19 722
19 722
19 722
Free-cash
1 465
3 717
1 054
3 088

Estimated living cost  is ₴19722 per week

₴13854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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