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
₴ 4500
per

Your estimated
City
free-cash

Dresden , Germany
-₴14468
-₴13909
-₴12616
-₴13909
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.

-
-
-
4 500
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.

-
-
-
3 388
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 388
Employee

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

18 968
-
4 500
-
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.

3 388
-
3 388
-
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.

530
-
-
-
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
-
-
-
total
3 947
-
3 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
chamber of commerce
-
82
-
-
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.

-
37
-
-
trade
-
709
-
-
total
-
1 503
-
-
Dividends
-
2 998
-
-
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.

-
31
-
-
withholding
-
561
-
-
total
-
592
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 947
2 095
3 388
3 388
After tax
553
2 405
1 112
1 112
Living cost
15 021
15 021
15 021
15 021
Free-cash
-14 468
-12 616
-13 909
-13 909

Estimated living cost  is ₴15021 per week

₴9449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1751
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.
₴3540
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
-₴39851
-₴22239
-₴23422
-₴22318
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
-
-
-
4 500
social contributions
-
-
-
48
municipal
-
-
-
-
pensions
-
-
-
540
national
-
-
-
-
total
-
-
-
588
Employee
40 662
-
3 890
-
pensions
1 626
-
156
-
municipal
5 022
-
-
-
national
7 783
-
-
-
total
14 431
-
156
-
Employer
40 662
-
3 890
-
pensions
3 253
-
311
-
social contributions
437
-
42
-
total
3 690
-
353
-
Corporate
-
4 500
-
-
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%.

-
900
-
-
total
-
900
-
-
Dividends
-
3 600
-
-
withholding
-
792
-
-
total
-
792
-
-
Income
4 500
4 500
4 500
4 500
Total tax
18 121
1 692
509
588
After tax
-13 621
2 808
3 991
3 912
Living cost
26 230
26 230
26 230
26 230
Free-cash
-39 851
-23 422
-22 239
-22 318

Estimated living cost  is ₴26230 per week

₴17829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴393
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.
₴5571
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
-₴13482
-₴8081
-₴6717
-₴8053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
4 500
social contributions

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

-
-
-
1 561
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
675
total
-
-
-
2 236
Employee
14 491
-
3 330
-
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.

1 594
-
535
-
income
2 580
-
559
-
surtax
-
-
-
-
total
4 174
-
1 094
-
Employer
14 491
-
3 330
-
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.

3 491
-
1 170
-
total
3 491
-
1 170
-
Corporate
-
4 500
-
-
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%.

-
900
-
-
total
-
900
-
-
Dividends

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

-
3 600
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 665
900
2 264
2 236
After tax
-3 165
3 600
2 236
2 264
Living cost
10 317
10 317
10 317
10 317
Free-cash
-13 482
-6 717
-8 081
-8 053

Estimated living cost  is ₴10317 per week

₴6582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴983
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.
₴2518
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
-₴44747
-₴44747
-₴41963
-₴18181
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
-
-
-
4 500
health
-
-
-
691
income
-
-
-
405
pensions
-
-
-
810
total
-
-
-
1 906
Employee
42 349
42 349
42 349
-
pensions
7 623
5 810
7 623
-
health
6 500
5 529
6 500
-
income

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

6 932
6 932
6 932
-
total
21 055
18 271
21 055
-
Employer
42 349
42 349
42 349
-
pensions
2 948
2 948
2 948
-
health
2 944
2 944
2 944
-
unemployment
1 525
1 525
1 525
-
total
7 417
7 417
7 417
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
28 472
25 688
28 472
1 906
After tax
-23 972
-21 188
-23 972
2 594
Living cost
20 775
20 775
20 775
20 775
Free-cash
-44 747
-41 963
-44 747
-18 181

Estimated living cost  is ₴20775 per week

₴14723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1873
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.
₴3849
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
-₴33857
-₴18080
-₴18026
-₴18239
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
-
-
-
4 500
accident
-
-
-
9
health
-
-
-
281
municipal
-
-
-
953
pensions
-
-
-
486
other
-
-
-
523
unemployment
-
-
-
4
national
-
-
-
-
total
-
-
-
2 256
Employee
29 187
-
3 424
-
municipal
8 703
-
1 021
-
national
-
-
-
-
total
8 703
-
1 021
-
Employer
29 187
-
3 424
-
pensions
3 155
-
370
-
other
3 392
-
398
-
health
1 795
-
211
-
unemployment
771
-
90
-
accident
58
-
7
-
total
9 171
-
1 076
-
Corporate
-
4 500
-
-
income
-
990
-
-
total
-
990
-
-
Dividends
-
3 510
-
-
withholding
-
1 053
-
-
total
-
1 053
-
-
Income
4 500
4 500
4 500
4 500
Total tax
17 874
2 043
2 097
2 256
After tax
-13 374
2 457
2 403
2 244
Living cost
20 483
20 483
20 483
20 483
Free-cash
-33 857
-18 026
-18 080
-18 239

Estimated living cost  is ₴20483 per week

₴13575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
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.
₴4587
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
-₴20650
-₴18370
-₴17100
-₴18370
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.

-
-
-
4 500
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.

-
-
-
3 388
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 388
Employee

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

25 149
-
4 500
-
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.

3 388
-
3 388
-
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.

2 161
-
-
-
surtax

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

119
-
-
-
total
5 668
-
3 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
chamber of commerce
-
82
-
-
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.

-
37
-
-
trade
-
741
-
-
total
-
1 535
-
-
Dividends
-
2 966
-
-
surtax

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

-
30
-
-
withholding
-
553
-
-
total
-
583
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 668
2 118
3 388
3 388
After tax
-1 168
2 382
1 112
1 112
Living cost
19 482
19 482
19 482
19 482
Free-cash
-20 650
-17 100
-18 370
-18 370

Estimated living cost  is ₴19482 per week

₴13029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4107
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
-₴20087
-₴18463
-₴22799
-₴15007
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
-
-
-
18 852
social contributions
-
-
-
2 941
health
-
-
-
481
income
-
-
-
-
total
-
-
-
3 422
Employee
38 134
38 134
38 134
-
health
379
648
218
-
social contributions
1 853
3 165
1 067
-
income
4 004
3 530
4 288
-
total
6 236
7 343
5 573
-
Employer
38 134
38 134
38 134
-
health
413
706
238
-
social contributions
1 853
3 165
1 067
-
total
2 266
3 871
1 305
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 502
11 214
6 878
3 422
After tax
-4 002
-6 714
-2 378
1 078
Living cost
16 085
16 085
16 085
16 085
Free-cash
-20 087
-22 799
-18 463
-15 007

Estimated living cost  is ₴16085 per week

₴10996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1256
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.
₴3563
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
-₴11267
-₴6851
-₴7278
-₴6023
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
-
-
-
4 500
health
-
-
-
315
income
-
-
-
550
pensions
-
-
-
450
unemployment
-
-
-
68
total
-
-
-
1 383
Employee

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

The minimum wage is 138,000 HUF per month.

13 193
5 251
5 251
-
unemployment
198
79
61
-
pensions
1 319
525
404
-
health
924
368
283
-
income
1 613
642
676
-
total
4 054
1 614
1 424
-
Employer

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

The minimum wage is 138,000 HUF per month.

13 193
5 251
5 251
-
pensions
2 573
1 024
787
-
total
2 573
1 024
787
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 627
2 638
2 211
1 383
After tax
-2 127
1 862
2 289
3 117
Living cost
9 140
9 140
9 140
9 140
Free-cash
-11 267
-7 278
-6 851
-6 023

Estimated living cost  is ₴9140 per week

₴6237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴1972
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
-₴14324
-₴9589
-₴8378
-₴9341
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
-
-
-
4 500
health
-
-
-
734
income
-
-
-
-
pensions
-
-
-
1 129
total
-
-
-
1 863
Employee
14 068
-
2 591
-
unemployment
225
-
90
-
pensions
281
-
113
-
income
1 584
-
-
-
total
2 090
-
203
-
Employer
14 068
-
2 591
-
pensions
2 814
-
1 129
-
health
1 829
-
734
-
unemployment
113
-
45
-
total
4 756
-
1 908
-
Corporate
-
4 500
-
-
income
-
900
-
-
total
-
900
-
-
Dividends
-
3 600
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 846
900
2 111
1 863
After tax
-2 346
3 600
2 389
2 637
Living cost
11 978
11 978
11 978
11 978
Free-cash
-14 324
-8 378
-9 589
-9 341

Estimated living cost  is ₴11978 per week

₴8216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2808
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
-₴16475
-₴8701
-₴10712
-₴10260
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
-
-
-
4 500
accident
-
-
-
127
health
-
-
-
1 098
income
-
-
-
176
pensions
-
-
-
2 095
other
-
-
-
187
total
-
-
-
3 683
Employee
17 424
-
3 738
-
pensions
1 962
-
421
-
health
1 995
-
428
-
income
2 390
-
513
-
total
6 347
-
1 362
-
Employer
17 424
-
3 738
-
pensions
2 833
-
608
-
unemployment
427
-
92
-
accident
291
-
62
-
total
3 551
-
762
-
Corporate
-
4 500
-
-
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.

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
85
-
-
total
-
85
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 898
4 135
2 124
3 683
After tax
-5 398
365
2 376
817
Living cost
11 077
11 077
11 077
11 077
Free-cash
-16 475
-10 712
-8 701
-10 260

Estimated living cost  is ₴11077 per week

₴8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴614
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.
₴2114
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
-₴557
-₴446
₴229
₴409
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%.

-
-
-
4 500
microenterprise

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

-
-
-
45
total
-
-
-
45
Employee
5 057
-
4 500
-
income
1 011
-
900
-
total
1 011
-
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%.

-
4 500
-
-
total
-
-
-
-
Dividends
-
4 500
-
-
withholding
-
225
-
-
total
-
225
-
-
Income
4 500
4 500
4 500
4 500
Total tax
1 011
225
900
45
After tax
3 489
4 275
3 600
4 455
Living cost
4 046
4 046
4 046
4 046
Free-cash
-557
229
-446
409

Estimated living cost  is ₴4046 per week

₴2507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1091
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
-₴18044
-₴10627
-₴9907
-₴11015
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
-
-
-
4 500
health
-
-
-
237
income
-
-
-
516
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.

-
-
-
1 292
other
-
-
-
256
total
-
-
-
2 301
Employee
18 006
-
3 525
-
unemployment
180
-
35
-
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.

1 260
-
247
-
health
252
-
49
-
income
3 100
-
607
-
total
4 792
-
938
-
Employer
18 006
-
3 525
-
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.

3 061
-
599
-
other
901
-
264
-
health
252
-
49
-
unemployment
180
-
35
-
accident
144
-
28
-
total
4 538
-
975
-
Corporate
-
4 500
-
-
income
-
945
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
248
-
-
total
-
248
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 330
1 193
1 913
2 301
After tax
-4 830
3 307
2 587
2 199
Living cost
13 214
13 214
13 214
13 214
Free-cash
-18 044
-9 907
-10 627
-11 015

Estimated living cost  is ₴13214 per week

₴9337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2772
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
-₴47674
-₴28898
-₴29059
-₴28831
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
-
-
-
4 500
income
-
-
-
900
pensions
-
-
-
-
total
-
-
-
900
Employee
45 886
-
4 416
-
pensions
4 427
-
-
-
health
756
-
-
-
income
8 271
-
883
-
total
13 454
-
883
-
Employer
45 886
-
4 416
-
pensions
5 418
-
-
-
health
871
-
84
-
total
6 289
-
84
-
Corporate
-
4 500
-
-
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.

-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
273
-
-
total
-
273
-
-
Income
4 500
4 500
4 500
4 500
Total tax
19 743
1 128
967
900
After tax
-15 243
3 372
3 533
3 600
Living cost
32 431
32 431
32 431
32 431
Free-cash
-47 674
-29 059
-28 898
-28 831

Estimated living cost  is ₴32431 per week

₴24301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
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.
₴4056
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
-₴5802
-₴3661
-₴2657
-₴3880
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
-
-
-
4 500
health
-
-
-
517
income
-
-
-
675
pensions

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

-
-
-
666
unemployment
-
-
-
18
total
-
-
-
1 876
Employee
8 612
-
3 762
-
accident

We are using the highest rate at 1.1%.

95
-
41
-
pensions

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

756
-
330
-
health
396
-
173
-
income
861
-
376
-
total
2 108
-
920
-
Employer
8 612
-
3 762
-
pensions

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

949
-
414
-
health
594
-
259
-
unemployment
52
-
23
-
accident

We are using the highest rate at 1.1%.

95
-
41
-
total
1 690
-
737
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
withholding
-
203
-
-
total
-
203
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 798
653
1 657
1 876
After tax
702
3 847
2 843
2 624
Living cost
6 504
6 504
6 504
6 504
Free-cash
-5 802
-2 657
-3 661
-3 880

Estimated living cost  is ₴6504 per week

₴3797
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.
₴2070
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
-₴49527
-₴51471
-₴48687
-₴24905
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
-
-
-
4 500
health
-
-
-
691
income
-
-
-
405
pensions
-
-
-
810
total
-
-
-
1 906
Employee
45 978
42 349
42 349
-
pensions
5 810
5 810
7 623
-
health
5 736
5 529
6 500
-
income

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

6 932
6 932
6 932
-
total
18 478
18 271
21 055
-
Employer
45 978
42 349
42 349
-
pensions
3 200
2 948
2 948
-
health
3 195
2 944
2 944
-
unemployment
1 655
1 525
1 525
-
total
8 050
7 417
7 417
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
26 528
25 688
28 472
1 906
After tax
-22 028
-21 188
-23 972
2 594
Living cost
27 499
27 499
27 499
27 499
Free-cash
-49 527
-48 687
-51 471
-24 905

Estimated living cost  is ₴27499 per week

₴20285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2456
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.
₴4443
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
-₴19766
-₴10030
-₴9216
-₴10122
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
-
-
-
4 500
social contributions
-
-
-
1 314
health
-
-
-
607
income
-
-
-
387
solidarity contribution
-
-
-
-
total
-
-
-
2 308
Employee
18 108
-
3 358
-
solidarity contribution
-
-
-
-
health
2 445
-
453
-
social contributions
1 177
-
218
-
income
2 173
-
403
-
total
5 795
-
1 074
-
Employer
18 108
-
3 358
-
health
1 630
-
302
-
social contributions
4 527
-
840
-
total
6 157
-
1 142
-
Corporate
-
4 500
-
-
income
-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
547
-
-
total
-
547
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 952
1 402
2 216
2 308
After tax
-7 452
3 098
2 284
2 192
Living cost
12 314
12 314
12 314
12 314
Free-cash
-19 766
-9 216
-10 030
-10 122

Estimated living cost  is ₴12314 per week

₴8553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2642
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
-₴39574
-₴21465
-₴18524
-₴20434
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
-
-
-
4 500
social contributions
-
-
-
3 843
municipal
-
-
-
6
regional
-
-
-
8
national
-
-
-
151
total
-
-
-
4 008
Employee
44 074
-
4 500
-
regional
416
-
-
-
municipal
233
-
-
-
national
7 637
-
-
-
social contributions
14 862
-
5 039
-
total
23 148
-
5 039
-
Employer
44 074
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
municipal
-
175
-
-
nationa
-
1 080
-
-
total
-
1 255
-
-
Dividends
-
3 245
-
-
withholding
-
843
-
-
total
-
843
-
-
Income
4 500
4 500
4 500
4 500
Total tax
23 148
2 098
5 039
4 008
After tax
-18 648
2 402
-539
492
Living cost
20 926
20 926
20 926
20 926
Free-cash
-39 574
-18 524
-21 465
-20 434

Estimated living cost  is ₴20926 per week

₴14587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴321
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.
₴4645
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
-₴15352
-₴9312
-₴8113
-₴8870
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
-
-
-
4 500
health
-
-
-
471
income
-
-
-
519
surtax
-
-
-
-
pensions
-
-
-
1 324
other
-
-
-
-
unemployment
-
-
-
113
total
-
-
-
2 427
Employee
16 400
-
3 107
-
unemployment
1 142
-
460
-
pensions
1 094
-
441
-
health
419
-
168
-
income
2 749
-
407
-
other
-
-
-
-
surtax
54
-
-
-
total
5 458
-
1 476
-
Employer
16 400
-
3 107
-
pensions
2 186
-
882
-
other
-
-
-
-
health
746
-
301
-
unemployment
519
-
210
-
total
3 451
-
1 393
-
Corporate
-
4 500
-
-
income
-
1 170
-
-
total
-
1 170
-
-
Dividends
-
3 330
-
-
withholding
-
500
-
-
total
-
500
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 909
1 670
2 869
2 427
After tax
-4 409
2 830
1 631
2 073
Living cost
10 943
10 943
10 943
10 943
Free-cash
-15 352
-8 113
-9 312
-8 870

Estimated living cost  is ₴10943 per week

₴6691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1010
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.
₴2990
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
-₴30163
-₴18623
-₴18784
-₴18556
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
-
-
-
4 500
income
-
-
-
900
pensions
-
-
-
-
total
-
-
-
900
Employee
30 751
-
4 416
-
pensions
2 610
-
-
-
health
446
-
-
-
income
5 538
-
883
-
total
8 594
-
883
-
Employer
30 751
-
4 416
-
pensions
3 329
-
-
-
health
584
-
84
-
total
3 913
-
84
-
Corporate
-
4 500
-
-
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.

-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
273
-
-
total
-
273
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 507
1 128
967
900
After tax
-8 007
3 372
3 533
3 600
Living cost
22 156
22 156
22 156
22 156
Free-cash
-30 163
-18 784
-18 623
-18 556

Estimated living cost  is ₴22156 per week

₴16599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1661
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.
₴3664
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
-₴46083
-₴37153
-₴37407
-₴35644
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
-
-
-
4 500
health
-
-
-
129
pensions
-
-
-
414
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.

-
-
-
90
regional
-
-
-
-
city
-
-
-
46
national
-
-
-
-
total
-
-
-
679
Employee
46 185
-
3 350
-
unemployment
-
-
-
-
pensions
3 880
-
1 040
-
regional
1 512
-
-
-
national
219
-
-
-
health
104
-
7
-
city
496
-
27
-
total
6 211
-
1 074
-
Employer
46 185
-
3 350
-
pensions
3 880
-
1 040
-
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.

923
-
67
-
health
104
-
7
-
unemployment
-
-
-
-
total
4 907
-
1 114
-
Corporate
-
4 500
-
-
regional
-
952
-
-
national
-
382
-
-
total
-
1 334
-
-
Dividends
-
3 166
-
-
withholding
-
1 108
-
-
total
-
1 108
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 118
2 442
2 188
679
After tax
-6 618
2 058
2 312
3 821
Living cost
39 465
39 465
39 465
39 465
Free-cash
-46 083
-37 407
-37 153
-35 644

Estimated living cost  is ₴39465 per week

₴25664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴485
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.
₴9775
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
-₴25304
-₴21606
-₴20359
-₴21606
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.

-
-
-
4 500
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.

-
-
-
3 388
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 388
Employee

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

29 804
-
4 500
-
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.

3 388
-
3 388
-
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.

3 505
-
-
-
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
-
-
-
total
7 086
-
3 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
chamber of commerce
-
82
-
-
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.

-
37
-
-
trade
-
772
-
-
total
-
1 566
-
-
Dividends
-
2 935
-
-
surtax

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

-
30
-
-
withholding
-
545
-
-
total
-
575
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 086
2 141
3 388
3 388
After tax
-2 586
2 359
1 112
1 112
Living cost
22 718
22 718
22 718
22 718
Free-cash
-25 304
-20 359
-21 606
-21 606

Estimated living cost  is ₴22718 per week

₴16592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
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.
₴4014
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
-₴23353
-₴14024
-₴14699
-₴14817
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
-
-
-
4 500
social contributions
-
-
-
128
health
-
-
-
132
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 951
other
-
-
-
139
total
-
-
-
2 350
Employee
21 225
-
3 428
-
pensions
2 400
-
388
-
social contributions
605
-
98
-
income
1 253
-
-
-
surtax
-
-
-
-
total
4 258
-
486
-
Employer
21 225
-
3 428
-
pensions
3 487
-
563
-
other
732
-
119
-
health
1 486
-
240
-
unemployment
859
-
139
-
social contributions
64
-
10
-
total
6 628
-
1 071
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
557
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 886
2 232
1 557
2 350
After tax
-6 386
2 268
2 943
2 150
Living cost
16 967
16 967
16 967
16 967
Free-cash
-23 353
-14 699
-14 024
-14 817

Estimated living cost  is ₴16967 per week

₴10698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1380
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.
₴4601
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
-₴20362
-₴12343
-₴13018
-₴13136
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
-
-
-
4 500
social contributions
-
-
-
128
health
-
-
-
132
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 951
other
-
-
-
139
total
-
-
-
2 350
Employee
18 946
-
3 428
-
pensions
2 143
-
388
-
social contributions
540
-
98
-
income
977
-
-
-
surtax
-
-
-
-
total
3 660
-
486
-
Employer
18 946
-
3 428
-
pensions
3 113
-
563
-
other
654
-
119
-
health
1 326
-
240
-
unemployment
767
-
139
-
social contributions
56
-
10
-
total
5 916
-
1 071
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
557
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 576
2 232
1 557
2 350
After tax
-5 076
2 268
2 943
2 150
Living cost
15 286
15 286
15 286
15 286
Free-cash
-20 362
-13 018
-12 343
-13 136

Estimated living cost  is ₴15286 per week

₴8865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1553
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.
₴4578
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
-₴13618
-₴7541
-₴8185
-₴7994
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
-
-
-
4 500
social contributions
-
-
-
865
health
-
-
-
438
income
-
-
-
675
total
-
-
-
1 978
Employee
16 815
-
4 500
-
health
1 174
-
438
-
social contributions
2 321
-
865
-
income
2 804
-
222
-
total
6 299
-
1 525
-
Employer
16 815
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
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%.

-
225
-
-
total
-
225
-
-
Dividends
-
4 275
-
-
health
438
438
-
-
social contributions
865
865
-
-
withholding
-
641
-
-
total
1 303
1 944
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 602
2 169
1 525
1 978
After tax
-3 102
2 331
2 975
2 522
Living cost
10 516
10 516
10 516
10 516
Free-cash
-13 618
-8 185
-7 541
-7 994

Estimated living cost  is ₴10516 per week

₴7038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2587
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
-₴27982
-₴19228
-₴24268
-₴17425
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
-
-
-
4 500
health
-
-
-
378
surtax
-
-
-
98
income
-
-
-
-
chamber of commerce
-
-
-
18
pensions
-
-
-
915
unemployment
-
-
-
3 042
total
-
-
-
4 451
Employee
24 784
19 763
19 763
-
unemployment
743
593
149
-
pensions
2 538
2 023
506
-
health
959
765
191
-
income
2 821
1 458
2 322
-
other
248
198
50
-
total
7 309
5 037
3 218
-
Employer
24 784
19 763
19 763
-
chamber of commerce
99
79
79
-
pensions
3 110
2 481
621
-
other
1 177
938
813
-
health
936
747
187
-
unemployment
743
593
149
-
accident
322
257
25
-
surtax
98
98
98
-
payroll
743
593
593
-
total
7 228
5 786
2 565
-
Corporate
1 882
1 882
1 882
-
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.

471
471
471
-
total
471
471
471
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
15 008
11 294
6 254
4 451
After tax
-10 508
-6 794
-1 754
49
Living cost
17 474
17 474
17 474
17 474
Free-cash
-27 982
-24 268
-19 228
-17 425

Estimated living cost  is ₴17474 per week

₴11655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1491
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.
₴4042
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
-₴41299
-₴15993
-₴15394
-₴16780
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
-
-
-
4 500
social contributions
-
-
-
2 614
communal

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

-
-
-
113
national
-
-
-
471
total
-
-
-
3 198
Employee

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

35 473
-
3 485
-
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.

309
-
30
-
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.

2 660
-
262
-
national
10 906
-
758
-
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.

1 667
-
164
-
communal

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

1 850
-
182
-
total
17 392
-
1 396
-
Employer

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

35 473
-
3 485
-
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.

3 143
-
309
-
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.

2 181
-
215
-
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.

518
-
51
-
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.

461
-
45
-
surtax
4 022
-
395
-
total
10 325
-
1 015
-
Corporate
-
4 500
-
-
income
-
900
-
-
surtax
-
18
-
-
total
-
918
-
-
Dividends
-
3 582
-
-
withholding

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

-
894
-
-
total
-
894
-
-
Income
4 500
4 500
4 500
4 500
Total tax
27 717
1 812
2 411
3 198
After tax
-23 217
2 688
2 089
1 302
Living cost
18 082
18 082
18 082
18 082
Free-cash
-41 299
-15 394
-15 993
-16 780

Estimated living cost  is ₴18082 per week

₴11647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1581
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.
₴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 Brussels model

Close
Barcelona , Spain
-₴28053
-₴19742
-₴14812
-₴16856
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
-
-
-
4 500
accident
-
-
-
96
income
-
-
-
248
pensions
-
-
-
3 018
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 446
Employee
24 686
-
-
-
unemployment
383
-
257
-
pensions
1 160
-
778
-
income
5 208
-
-
-
other
24
-
17
-
total
6 775
-
1 052
-
Employer
24 686
-
-
-
pensions
5 825
-
3 908
-
other
197
-
133
-
unemployment
1 358
-
911
-
accident
488
-
328
-
total
7 868
-
5 280
-
Corporate
-
4 500
-
-
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.

-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
727
-
-
total
-
727
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 643
1 402
6 332
3 446
After tax
-10 143
3 098
-1 832
1 054
Living cost
17 910
17 910
17 910
17 910
Free-cash
-28 053
-14 812
-19 742
-16 856

Estimated living cost  is ₴17910 per week

₴13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3192
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
-₴37541
-₴28209
-₴23872
-₴28208
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
-
-
-
4 500
accident
-
-
-
213
health
-
-
-
1 769
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 776
communal
-
-
-
-
total
-
-
-
5 758
Employee
37 555
-
1 680
-
pensions
3 004
-
1 888
-
health
1 671
-
1 050
-
income
3 627
-
-
-
surtax
2 302
-
-
-
total
10 604
-
2 938
-
Employer
37 555
-
1 680
-
pensions
3 004
-
1 888
-
health
1 145
-
720
-
accident
338
-
213
-
total
4 487
-
2 821
-
Corporate
-
4 500
-
-
income
-
675
-
-
communal
-
-
-
-
surtax
-
47
-
-
total
-
722
-
-
Dividends
-
3 778
-
-
income
-
133
-
-
withholding
-
567
-
-
total
-
700
-
-
Income
4 500
4 500
4 500
4 500
Total tax
15 091
1 422
5 759
5 758
After tax
-10 591
3 078
-1 259
-1 258
Living cost
26 950
26 950
26 950
26 950
Free-cash
-37 541
-23 872
-28 209
-28 208

Estimated living cost  is ₴26950 per week

₴20217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1633
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.
₴4815
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
-₴15716
-₴9508
-₴8309
-₴9066
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
-
-
-
4 500
health
-
-
-
471
income
-
-
-
519
surtax
-
-
-
-
pensions
-
-
-
1 324
other
-
-
-
-
unemployment
-
-
-
113
total
-
-
-
2 427
Employee
16 701
-
3 107
-
unemployment
1 162
-
460
-
pensions
1 114
-
441
-
health
426
-
168
-
income
2 800
-
407
-
other
-
-
-
-
surtax
59
-
-
-
total
5 561
-
1 476
-
Employer
16 701
-
3 107
-
pensions
2 227
-
882
-
other
-
-
-
-
health
759
-
301
-
unemployment
530
-
210
-
total
3 516
-
1 393
-
Corporate
-
4 500
-
-
income
-
1 170
-
-
total
-
1 170
-
-
Dividends
-
3 330
-
-
withholding
-
500
-
-
total
-
500
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 077
1 670
2 869
2 427
After tax
-4 577
2 830
1 631
2 073
Living cost
11 139
11 139
11 139
11 139
Free-cash
-15 716
-8 309
-9 508
-9 066

Estimated living cost  is ₴11139 per week

₴6725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
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.
₴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 of data for Athens model

Close
Naples , Italy
-₴23009
-₴13898
-₴10994
-₴12872
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
-
-
-
4 500
social contributions
-
-
-
3 843
municipal
-
-
-
6
regional
-
-
-
13
national
-
-
-
151
total
-
-
-
4 013
Employee
27 509
-
4 500
-
regional
370
-
-
-
municipal
146
-
-
-
national
4 358
-
-
-
social contributions
9 276
-
5 039
-
total
14 150
-
5 039
-
Employer
27 509
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
municipal
-
224
-
-
nationa
-
1 080
-
-
total
-
1 304
-
-
Dividends
-
3 196
-
-
withholding
-
831
-
-
total
-
831
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 150
2 135
5 039
4 013
After tax
-9 650
2 365
-539
487
Living cost
13 359
13 359
13 359
13 359
Free-cash
-23 009
-10 994
-13 898
-12 872

Estimated living cost  is ₴13359 per week

₴8308
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.
₴229
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.
₴3469
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
-₴25401
-₴12890
-₴12076
-₴12982
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
-
-
-
4 500
social contributions
-
-
-
1 314
health
-
-
-
607
income
-
-
-
387
solidarity contribution
-
-
-
-
total
-
-
-
2 308
Employee
22 314
-
3 358
-
solidarity contribution
-
-
-
-
health
3 012
-
453
-
social contributions
1 450
-
218
-
income
2 678
-
403
-
total
7 140
-
1 074
-
Employer
22 314
-
3 358
-
health
2 008
-
302
-
social contributions
5 579
-
840
-
total
7 587
-
1 142
-
Corporate
-
4 500
-
-
income
-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
547
-
-
total
-
547
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 727
1 402
2 216
2 308
After tax
-10 227
3 098
2 284
2 192
Living cost
15 174
15 174
15 174
15 174
Free-cash
-25 401
-12 076
-12 890
-12 982

Estimated living cost  is ₴15174 per week

₴11284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2786
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
-₴23888
-₴17479
-₴22518
-₴15675
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
-
-
-
4 500
health
-
-
-
378
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
18
pensions
-
-
-
915
unemployment
-
-
-
3 042
total
-
-
-
4 353
Employee
21 678
19 763
19 763
-
unemployment
650
593
149
-
pensions
2 220
2 023
506
-
health
839
765
191
-
income
1 931
1 458
2 322
-
other
216
198
50
-
total
5 856
5 037
3 218
-
Employer
21 678
19 763
19 763
-
chamber of commerce
87
79
79
-
pensions
2 721
2 481
621
-
other
1 030
938
813
-
health
820
747
187
-
unemployment
650
593
149
-
accident
281
257
26
-
surtax
-
-
-
-
payroll
650
593
593
-
total
6 239
5 688
2 468
-
Corporate
1 882
1 882
1 882
-
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.

471
471
471
-
total
471
471
471
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 566
11 196
6 157
4 353
After tax
-8 066
-6 696
-1 657
147
Living cost
15 822
15 822
15 822
15 822
Free-cash
-23 888
-22 518
-17 479
-15 675

Estimated living cost  is ₴15822 per week

₴9491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1616
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.
₴4433
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
-₴3380
-₴2704
-₴2029
-₴1849
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%.

-
-
-
4 500
microenterprise

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

-
-
-
45
total
-
-
-
45
Employee
7 881
-
4 500
-
income
1 576
-
900
-
total
1 576
-
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%.

-
4 500
-
-
total
-
-
-
-
Dividends
-
4 500
-
-
withholding
-
225
-
-
total
-
225
-
-
Income
4 500
4 500
4 500
4 500
Total tax
1 576
225
900
45
After tax
2 924
4 275
3 600
4 455
Living cost
6 304
6 304
6 304
6 304
Free-cash
-3 380
-2 029
-2 704
-1 849

Estimated living cost  is ₴6304 per week

₴4266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴1562
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
-₴20845
-₴10753
-₴10204
-₴10590
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.

-
-
-
4 500
health
-
-
-
442
income
-
-
-
517
pensions
-
-
-
822
unemployment
-
-
-
7
total
-
-
-
1 788
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.

21 930
-
3 895
-
unemployment
31
-
6
-
pensions
3 399
-
603
-
health
1 416
-
251
-
income
3 782
-
486
-
total
8 628
-
1 346
-
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.

21 930
-
3 895
-
pensions
1 941
-
344
-
health
1 461
-
259
-
unemployment
13
-
2
-
total
3 415
-
605
-
Corporate
-
4 500
-
-
income
-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
547
-
-
total
-
547
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 043
1 402
1 951
1 788
After tax
-7 543
3 098
2 549
2 712
Living cost
13 302
13 302
13 302
13 302
Free-cash
-20 845
-10 204
-10 753
-10 590

Estimated living cost  is ₴13302 per week

₴9129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴853
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.
₴3063
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
-₴70233
-₴23720
-₴18889
-₴18517
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
-
-
-
4 500
social contributions
-
-
-
513
income
-
-
-
877
total
-
-
-
1 390
Employee
31 009
-
-
-
social contributions
2 543
-
362
-
income
6 840
-
-
-
total
9 383
-
362
-
Employer
31 009
-
-
-
social contributions
43 723
-
6 231
-
total
43 723
-
6 231
-
Corporate
-
4 500
-
-
income
-
990
-
-
total
-
990
-
-
Dividends
-
3 510
-
-
income
-
772
-
-
total
-
772
-
-
Income
4 500
4 500
4 500
4 500
Total tax
53 106
1 762
6 593
1 390
After tax
-48 606
2 738
-2 093
3 110
Living cost
21 627
21 627
21 627
21 627
Free-cash
-70 233
-18 889
-23 720
-18 517

Estimated living cost  is ₴21627 per week

₴14032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴5285
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
-₴23725
-₴12789
-₴12996
-₴12882
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.

-
-
-
4 500
social contributions

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

-
-
-
1 564
income
-
-
-
263
surtax
-
-
-
-
total
-
-
-
1 827
Employee
22 808
-
3 636
-
social contributions
2 509
-
400
-
income
4 744
-
470
-
surtax
-
-
-
-
total
7 253
-
870
-
Employer
22 808
-
3 636
-
social contributions
5 417
-
864
-
total
5 417
-
864
-
Corporate
-
4 500
-
-
income
-
945
-
-
surtax
-
-
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
996
-
-
total
-
996
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 670
1 941
1 734
1 827
After tax
-8 170
2 559
2 766
2 673
Living cost
15 555
15 555
15 555
15 555
Free-cash
-23 725
-12 996
-12 789
-12 882

Estimated living cost  is ₴15555 per week

₴11639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2740
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
-₴36261
-₴21009
-₴21684
-₴21802
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
-
-
-
4 500
social contributions
-
-
-
128
health
-
-
-
132
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
1 951
other
-
-
-
139
total
-
-
-
2 350
Employee
31 060
-
3 428
-
pensions
3 513
-
388
-
social contributions
885
-
98
-
income
2 710
-
-
-
surtax
-
-
-
-
total
7 108
-
486
-
Employer
31 060
-
3 428
-
pensions
5 104
-
563
-
other
1 072
-
119
-
health
2 174
-
240
-
unemployment
1 258
-
139
-
social contributions
93
-
10
-
total
9 701
-
1 071
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
557
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
16 809
2 232
1 557
2 350
After tax
-12 309
2 268
2 943
2 150
Living cost
23 952
23 952
23 952
23 952
Free-cash
-36 261
-21 684
-21 009
-21 802

Estimated living cost  is ₴23952 per week

₴16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1959
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.
₴5454
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
-₴13914
-₴11264
-₴10857
-₴11397
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
-
-
-
4 500
social contributions
-
-
-
990
income
-
-
-
-
total
-
-
-
990
Employee
15 943
-
3 896
-
social contributions
1 036
-
253
-
income
-
-
-
-
total
1 036
-
253
-
Employer
15 943
-
3 896
-
social contributions
2 471
-
604
-
total
2 471
-
604
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 507
450
857
990
After tax
993
4 050
3 643
3 510
Living cost
14 907
14 907
14 907
14 907
Free-cash
-13 914
-10 857
-11 264
-11 397

Estimated living cost  is ₴14907 per week

₴9639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
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.
₴3864
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
-₴103452
-₴103452
-₴103452
-₴20117
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
-
-
-
4 500
municipal
-
-
-
-
pensions
-
-
-
429
labour market
-
-
-
326
national
-
-
-
-
total
-
-
-
755
Employee
100 715
100 715
100 715
-
pensions
143
143
143
-
municipal
21 447
21 447
21 447
-
national
12 304
12 304
12 304
-
labour market
8 046
8 046
8 046
-
total
41 940
41 940
41 940
-
Employer
100 715
100 715
100 715
-
municipal
21 481
21 481
21 481
-
pensions
286
286
286
-
national
12 326
12 326
12 326
-
labour market
8 057
8 057
8 057
-
total
42 150
42 150
42 150
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
84 090
84 090
84 090
755
After tax
-79 590
-79 590
-79 590
3 745
Living cost
23 862
23 862
23 862
23 862
Free-cash
-103 452
-103 452
-103 452
-20 117

Estimated living cost  is ₴23862 per week

₴16331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2111
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.
₴5053
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
-₴16166
-₴8537
-₴10548
-₴10096
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
-
-
-
4 500
accident
-
-
-
127
health
-
-
-
1 098
income
-
-
-
176
pensions
-
-
-
2 095
other
-
-
-
187
total
-
-
-
3 683
Employee
17 167
-
3 738
-
pensions
1 933
-
421
-
health
1 966
-
428
-
income
2 355
-
513
-
total
6 254
-
1 362
-
Employer
17 167
-
3 738
-
pensions
2 791
-
608
-
unemployment
421
-
92
-
accident
287
-
62
-
total
3 499
-
762
-
Corporate
-
4 500
-
-
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.

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
85
-
-
total
-
85
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 753
4 135
2 124
3 683
After tax
-5 253
365
2 376
817
Living cost
10 913
10 913
10 913
10 913
Free-cash
-16 166
-10 548
-8 537
-10 096

Estimated living cost  is ₴10913 per week

₴7944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2143
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
-₴26514
-₴16191
-₴15926
-₴15350
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

-
-
-
4 500
health
-
-
-
-
municipal
-
-
-
810
national
-
-
-
-
total
-
-
-
810
Employee
26 091
-
3 786
-
unemployment
391
-
56
-
pensions
1 761
-
256
-
municipal
4 274
-
625
-
national
431
-
-
-
health
195
-
-
-
total
7 052
-
937
-
Employer
26 091
-
3 786
-
pensions
4 527
-
657
-
health
200
-
29
-
unemployment
169
-
24
-
accident
26
-
4
-
total
4 922
-
714
-
Corporate
-
4 500
-
-
income
-
900
-
-
total
-
900
-
-
Dividends

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

-
2 700
-
-
national
-
-
-
-
municipal
-
486
-
-
total
-
486
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 974
1 386
1 651
810
After tax
-7 474
3 114
2 849
3 690
Living cost
19 040
19 040
19 040
19 040
Free-cash
-26 514
-15 926
-16 191
-15 350

Estimated living cost  is ₴19040 per week

₴12437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1831
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.
₴4469
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
-₴14635
-₴13860
-₴18196
-₴10404
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
-
-
-
18 852
social contributions
-
-
-
2 941
health
-
-
-
481
income
-
-
-
-
total
-
-
-
3 422
Employee
38 134
38 134
38 134
-
health
296
648
218
-
social contributions
1 442
3 165
1 067
-
income
4 152
3 530
4 288
-
total
5 890
7 343
5 573
-
Employer
38 134
38 134
38 134
-
health
321
706
238
-
social contributions
1 442
3 165
1 067
-
total
1 763
3 871
1 305
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 653
11 214
6 878
3 422
After tax
-3 153
-6 714
-2 378
1 078
Living cost
11 482
11 482
11 482
11 482
Free-cash
-14 635
-18 196
-13 860
-10 404

Estimated living cost  is ₴11482 per week

₴6881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1126
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.
₴3220
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
-₴8053
-₴6475
-₴4148
-₴8338
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
-
-
-
4 500
health
-
-
-
1 795
income
-
-
-
-
pensions
-
-
-
3 155
unemployment
-
-
-
14
total
-
-
-
4 964
Employee

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

11 383
-
3 610
-
unemployment
56
-
43
-
pensions
1 707
-
1 296
-
health
967
-
734
-
income
778
-
138
-
total
3 508
-
2 211
-
Employer

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

11 383
-
3 610
-
pensions
626
-
475
-
health
489
-
372
-
unemployment
56
-
43
-
total
1 171
-
890
-
Corporate
-
4 500
-
-
income
-
405
-
-
total
-
405
-
-
Dividends
-
4 095
-
-
withholding
-
369
-
-
total
-
369
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 679
774
3 101
4 964
After tax
-179
3 726
1 399
-464
Living cost
7 874
7 874
7 874
7 874
Free-cash
-8 053
-4 148
-6 475
-8 338

Estimated living cost  is ₴7874 per week

₴5024
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.
₴2048
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
-₴19682
-₴15469
-₴10539
-₴12583
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
-
-
-
4 500
accident
-
-
-
96
income
-
-
-
248
pensions
-
-
-
3 018
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 446
Employee
18 337
-
-
-
unemployment
284
-
257
-
pensions
862
-
778
-
income
3 535
-
-
-
other
18
-
17
-
total
4 699
-
1 052
-
Employer
18 337
-
-
-
pensions
4 327
-
3 908
-
other
147
-
133
-
unemployment
1 009
-
911
-
accident
363
-
328
-
total
5 846
-
5 280
-
Corporate
-
4 500
-
-
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.

-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
727
-
-
total
-
727
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 545
1 402
6 332
3 446
After tax
-6 045
3 098
-1 832
1 054
Living cost
13 637
13 637
13 637
13 637
Free-cash
-19 682
-10 539
-15 469
-12 583

Estimated living cost  is ₴13637 per week

₴9205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1311
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.
₴2883
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
₴1683
₴1324
₴1842
₴1392
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
-
-
-
4 500
health
-
-
-
511
income
-
-
-
927
pensions
-
-
-
704
total
-
-
-
2 142
Employee
1 471
-
3 708
-
unemployment
15
-
35
-
pensions
132
-
317
-
health
74
-
176
-
income
284
-
890
-
total
505
-
1 418
-
Employer
1 471
-
3 708
-
pensions
162
-
387
-
health
140
-
335
-
unemployment
29
-
70
-
total
331
-
792
-
Corporate
2 698
4 500
-
-
income
594
990
-
-
total
594
990
-
-
Dividends
2 105
3 510
-
-
withholding
421
702
-
-
total
421
702
-
-
Income
4 500
4 500
4 500
4 500
Total tax
1 851
1 692
2 210
2 142
After tax
2 649
2 808
2 290
2 358
Living cost
966
966
966
966
Free-cash
1 683
1 842
1 324
1 392

Estimated living cost  is ₴966 per week

₴574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴291
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
-₴10743
-₴5676
-₴5323
-₴5907
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.

-
-
-
4 500
health
-
-
-
464
income
-
-
-
132
pensions
-
-
-
1 170
unemployment
-
-
-
67
total
-
-
-
1 833
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.

12 928
-
3 817
-
unemployment
97
-
29
-
pensions
1 810
-
534
-
health
666
-
197
-
income
1 782
-
158
-
total
4 355
-
918
-
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.

12 928
-
3 817
-
pensions
1 551
-
458
-
health
666
-
197
-
unemployment
97
-
29
-
total
2 314
-
684
-
Corporate
-
4 500
-
-
income
-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
574
-
-
total
-
574
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 669
1 249
1 602
1 833
After tax
-2 169
3 251
2 898
2 667
Living cost
8 574
8 574
8 574
8 574
Free-cash
-10 743
-5 323
-5 676
-5 907

Estimated living cost  is ₴8574 per week

₴5773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴663
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.
₴1890
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
-₴19319
-₴10604
-₴10811
-₴10697
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.

-
-
-
4 500
social contributions

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

-
-
-
1 564
income
-
-
-
263
surtax
-
-
-
-
total
-
-
-
1 827
Employee
19 248
-
3 636
-
social contributions
2 117
-
400
-
income
3 761
-
470
-
surtax
-
-
-
-
total
5 878
-
870
-
Employer
19 248
-
3 636
-
social contributions
4 571
-
864
-
total
4 571
-
864
-
Corporate
-
4 500
-
-
income
-
945
-
-
surtax
-
-
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
996
-
-
total
-
996
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 449
1 941
1 734
1 827
After tax
-5 949
2 559
2 766
2 673
Living cost
13 370
13 370
13 370
13 370
Free-cash
-19 319
-10 811
-10 604
-10 697

Estimated living cost  is ₴13370 per week

₴9469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴929
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.
₴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 Porto model

Close
Madrid , Spain
-₴27088
-₴19261
-₴14331
-₴16375
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
-
-
-
4 500
accident
-
-
-
96
income
-
-
-
248
pensions
-
-
-
3 018
other
-
-
-
10
unemployment
-
-
-
74
total
-
-
-
3 446
Employee
23 951
-
-
-
unemployment
371
-
257
-
pensions
1 126
-
778
-
income
5 002
-
-
-
other
24
-
17
-
total
6 523
-
1 052
-
Employer
23 951
-
-
-
pensions
5 652
-
3 908
-
other
192
-
133
-
unemployment
1 318
-
911
-
accident
474
-
328
-
total
7 636
-
5 280
-
Corporate
-
4 500
-
-
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.

-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
727
-
-
total
-
727
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 159
1 402
6 332
3 446
After tax
-9 659
3 098
-1 832
1 054
Living cost
17 429
17 429
17 429
17 429
Free-cash
-27 088
-14 331
-19 261
-16 375

Estimated living cost  is ₴17429 per week

₴12517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3312
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
-₴9017
-₴5691
-₴4687
-₴5910
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
-
-
-
4 500
health
-
-
-
517
income
-
-
-
675
pensions

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

-
-
-
666
unemployment
-
-
-
18
total
-
-
-
1 876
Employee
11 300
-
3 762
-
accident

We are using the highest rate at 1.1%.

124
-
41
-
pensions

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

992
-
330
-
health
520
-
173
-
income
1 130
-
376
-
total
2 766
-
920
-
Employer
11 300
-
3 762
-
pensions

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

1 245
-
414
-
health
780
-
259
-
unemployment
68
-
23
-
accident

We are using the highest rate at 1.1%.

124
-
41
-
total
2 217
-
737
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
withholding
-
203
-
-
total
-
203
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 983
653
1 657
1 876
After tax
-483
3 847
2 843
2 624
Living cost
8 534
8 534
8 534
8 534
Free-cash
-9 017
-4 687
-5 691
-5 910

Estimated living cost  is ₴8534 per week

₴5644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
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.
₴2198
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
-₴20175
-₴18034
-₴16695
-₴18034
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.

-
-
-
4 500
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.

-
-
-
3 388
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
3 388
Employee

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

24 675
-
4 500
-
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.

3 388
-
3 388
-
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.

2 029
-
-
-
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
-
-
-
total
5 529
-
3 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
chamber of commerce
-
82
-
-
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.

-
37
-
-
trade
-
646
-
-
total
-
1 440
-
-
Dividends
-
3 061
-
-
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.

-
32
-
-
withholding
-
577
-
-
total
-
609
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 529
2 049
3 388
3 388
After tax
-1 029
2 451
1 112
1 112
Living cost
19 146
19 146
19 146
19 146
Free-cash
-20 175
-16 695
-18 034
-18 034

Estimated living cost  is ₴19146 per week

₴13207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3601
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
-₴34293
-₴23750
-₴25101
-₴23750
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
-
-
-
4 500
social contributions
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Employee
38 792
-
4 500
-
social contributions
3 223
-
-
-
income
7 320
-
-
-
total
10 543
-
-
-
Employer
38 792
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
563
-
-
total
-
563
-
-
Dividends
-
3 937
-
-
withholding
-
788
-
-
total
-
788
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 543
1 351
-
-
After tax
-6 043
3 149
4 500
4 500
Living cost
28 250
28 250
28 250
28 250
Free-cash
-34 293
-25 101
-23 750
-23 750

Estimated living cost  is ₴28250 per week

₴21492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2302
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.
₴4186
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
-₴22008
-₴15226
-₴16557
-₴30661
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.

-
-
-
4 500
income
-
-
-
14 116
health

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

-
-
-
3 043
total
-
-
-
17 159
Employee
22 750
-
3 638
-
social contributions
2 279
-
862
-
income
2 468
-
-
-
total
4 747
-
862
-
Employer
22 750
-
3 638
-
social contributions
2 279
-
862
-
total
2 279
-
862
-
Corporate
-
4 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
2 925
-
-
social contributions
1 480
1 480
-
-
total
1 480
1 480
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 506
3 055
1 724
17 159
After tax
-4 006
1 445
2 776
-12 659
Living cost
18 002
18 002
18 002
18 002
Free-cash
-22 008
-16 557
-15 226
-30 661

Estimated living cost  is ₴18002 per week

₴11858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴4449
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
-₴23193
-₴14479
-₴14640
-₴14412
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
-
-
-
4 500
income
-
-
-
900
pensions
-
-
-
-
total
-
-
-
900
Employee
24 724
-
4 416
-
pensions
1 887
-
-
-
health
323
-
-
-
income
4 503
-
883
-
total
6 713
-
883
-
Employer
24 724
-
4 416
-
pensions
2 498
-
-
-
health
470
-
84
-
total
2 968
-
84
-
Corporate
-
4 500
-
-
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.

-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
273
-
-
total
-
273
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 681
1 128
967
900
After tax
-5 181
3 372
3 533
3 600
Living cost
18 012
18 012
18 012
18 012
Free-cash
-23 193
-14 640
-14 479
-14 412

Estimated living cost  is ₴18012 per week

₴12356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3773
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
-₴18211
-₴9618
-₴11629
-₴11177
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
-
-
-
4 500
accident
-
-
-
127
health
-
-
-
1 098
income
-
-
-
176
pensions
-
-
-
2 095
other
-
-
-
187
total
-
-
-
3 683
Employee
18 867
-
3 738
-
pensions
2 124
-
421
-
health
2 160
-
428
-
income
2 588
-
513
-
total
6 872
-
1 362
-
Employer
18 867
-
3 738
-
pensions
3 068
-
608
-
unemployment
462
-
92
-
accident
315
-
62
-
total
3 845
-
762
-
Corporate
-
4 500
-
-
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.

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
85
-
-
total
-
85
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 717
4 135
2 124
3 683
After tax
-6 217
365
2 376
817
Living cost
11 994
11 994
11 994
11 994
Free-cash
-18 211
-11 629
-9 618
-11 177

Estimated living cost  is ₴11994 per week

₴8802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
-₴6212
-₴3881
-₴2869
-₴3881
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.

-
-
-
4 500
income
-
-
-
450
health insurance
-
-
-
333
pensions
-
-
-
828
unemployment
-
-
-
54
work injury
-
-
-
22
total
-
-
-
1 687
Employee

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

10 711
-
4 500
-
unemployment
129
-
54
-
pensions
1 971
-
828
-
work injury
54
-
22
-
income
1 071
-
450
-
health insurance
793
-
333
-
total
4 018
-
1 687
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
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
-
4 500
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 018
675
1 687
1 687
After tax
482
3 825
2 813
2 813
Living cost
6 694
6 694
6 694
6 694
Free-cash
-6 212
-2 869
-3 881
-3 881

Estimated living cost  is ₴6694 per week

₴4147
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.
₴1852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₴37289
-₴20295
-₴17385
-₴19267
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
-
-
-
4 500
social contributions
-
-
-
3 843
municipal
-
-
-
6
regional
-
-
-
11
national
-
-
-
151
total
-
-
-
4 011
Employee
41 789
-
4 500
-
regional
631
-
-
-
municipal
249
-
-
-
national
7 062
-
-
-
social contributions
14 091
-
5 039
-
total
22 033
-
5 039
-
Employer
41 789
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
municipal
-
216
-
-
nationa
-
1 080
-
-
total
-
1 296
-
-
Dividends
-
3 203
-
-
withholding
-
833
-
-
total
-
833
-
-
Income
4 500
4 500
4 500
4 500
Total tax
22 033
2 129
5 039
4 011
After tax
-17 533
2 371
-539
489
Living cost
19 756
19 756
19 756
19 756
Free-cash
-37 289
-17 385
-20 295
-19 267

Estimated living cost  is ₴19756 per week

₴13877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
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.
₴4221
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.
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