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
-₴14410
-₴13021
-₴14410
-₴14984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 480
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 480
Employee

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

19 484
-
4 500
-
surtax

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

30
-
-
-
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.

544
-
-
-
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.

3 480
-
3 480
-
total
4 054
-
3 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
chamber of commerce
-
84
-
-
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
-
-
income
-
675
-
-
total
-
1 505
-
-
Dividends
-
2 996
-
-
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
-
555
-
-
total
-
586
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 054
2 091
3 480
3 480
After tax
446
2 409
1 020
1 020
Living cost
15 430
15 430
15 430
15 430
Free-cash
-14 984
-13 021
-14 410
-14 410

Estimated living cost  is ₴15430 per week

₴9706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴22923
-₴24106
-₴23002
-₴41008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
540
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
588
Employee
41 721
-
3 890
-
municipal
5 153
-
-
-
national
7 985
-
-
-
pensions
1 669
-
156
-
total
14 807
-
156
-
Employer
41 721
-
3 890
-
pensions
3 338
-
311
-
social contributions
449
-
42
-
total
3 787
-
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
18 594
1 692
509
588
After tax
-14 094
2 808
3 991
3 912
Living cost
26 914
26 914
26 914
26 914
Free-cash
-41 008
-24 106
-22 923
-23 002

Estimated living cost  is ₴26914 per week

₴18293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8399
-₴6998
-₴8377
-₴13972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 604
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
675
total
-
-
-
2 279
Employee
14 885
-
3 298
-
surtax
-
-
-
-
social contributions

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

1 638
-
549
-
income
2 650
-
550
-
total
4 288
-
1 099
-
Employer
14 885
-
3 298
-
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.

3 586
-
1 202
-
total
3 586
-
1 202
-
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
7 874
900
2 301
2 279
After tax
-3 374
3 600
2 199
2 221
Living cost
10 598
10 598
10 598
10 598
Free-cash
-13 972
-6 998
-8 399
-8 377

Estimated living cost  is ₴10598 per week

₴6761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1009
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.
₴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 Riga model

Close
Rotterdam , Netherlands
-₴46086
-₴43226
-₴18745
-₴46086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
690
income
-
-
-
405
pensions
-
-
-
810
total
-
-
-
1 905
Employee
43 502
43 502
43 502
-
income

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

7 121
7 121
7 121
-
pensions
7 830
5 968
7 830
-
health
6 677
5 679
6 677
-
total
21 628
18 768
21 628
-
Employer
43 502
43 502
43 502
-
unemployment
1 566
1 566
1 566
-
health
3 024
3 024
3 024
-
pensions
3 028
3 028
3 028
-
total
7 618
7 618
7 618
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
29 246
26 386
29 246
1 905
After tax
-24 746
-21 886
-24 746
2 595
Living cost
21 340
21 340
21 340
21 340
Free-cash
-46 086
-43 226
-46 086
-18 745

Estimated living cost  is ₴21340 per week

₴15123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18666
-₴18612
-₴18826
-₴34956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
523
health
-
-
-
281
accident
-
-
-
9
pensions
-
-
-
486
national
-
-
-
-
unemployment
-
-
-
5
municipal
-
-
-
953
total
-
-
-
2 257
Employee
30 022
-
3 424
-
municipal
8 953
-
1 021
-
national
-
-
-
-
total
8 953
-
1 021
-
Employer
30 022
-
3 424
-
other
3 489
-
398
-
unemployment
793
-
90
-
health
1 846
-
211
-
accident
60
-
7
-
pensions
3 245
-
370
-
total
9 433
-
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
18 386
2 043
2 097
2 257
After tax
-13 886
2 457
2 403
2 243
Living cost
21 070
21 070
21 070
21 070
Free-cash
-34 956
-18 612
-18 666
-18 826

Estimated living cost  is ₴21070 per week

₴13964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18992
-₴17626
-₴18992
-₴21334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 480
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 480
Employee

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

25 833
-
4 500
-
surtax

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

122
-
-
-
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.

2 220
-
-
-
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.

3 480
-
3 480
-
total
5 822
-
3 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
chamber of commerce
-
84
-
-
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
-
-
income
-
675
-
-
total
-
1 537
-
-
Dividends
-
2 964
-
-
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
-
547
-
-
total
-
577
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 822
2 114
3 480
3 480
After tax
-1 322
2 386
1 020
1 020
Living cost
20 012
20 012
20 012
20 012
Free-cash
-21 334
-17 626
-18 992
-18 992

Estimated living cost  is ₴20012 per week

₴13384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴19088
-₴23542
-₴15538
-₴20756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 366
social contributions
-
-
-
3 021
health
-
-
-
494
income
-
-
-
-
total
-
-
-
3 515
Employee
39 172
39 172
39 172
-
social contributions
1 903
3 251
1 096
-
income
4 113
3 626
4 404
-
health
390
666
224
-
total
6 406
7 543
5 724
-
Employer
39 172
39 172
39 172
-
health
424
725
245
-
social contributions
1 903
3 251
1 096
-
total
2 327
3 976
1 341
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 733
11 519
7 065
3 515
After tax
-4 233
-7 019
-2 565
985
Living cost
16 523
16 523
16 523
16 523
Free-cash
-20 756
-23 542
-19 088
-15 538

Estimated living cost  is ₴16523 per week

₴11295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7125
-₴7566
-₴6245
-₴11652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67
total
-
-
-
1 382
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.

13 516
5 379
5 379
-
income
1 652
658
692
-
pensions
1 352
538
413
-
health
946
377
289
-
unemployment
203
81
62
-
total
4 153
1 654
1 456
-
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.

13 516
5 379
5 379
-
pensions
2 636
1 049
806
-
total
2 636
1 049
806
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 789
2 703
2 262
1 382
After tax
-2 289
1 797
2 238
3 118
Living cost
9 363
9 363
9 363
9 363
Free-cash
-11 652
-7 566
-7 125
-6 245

Estimated living cost  is ₴9363 per week

₴6390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9973
-₴8704
-₴9718
-₴14835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
754
income
-
-
-
-
pensions
-
-
-
1 160
total
-
-
-
1 914
Employee
14 451
-
2 540
-
income
1 627
-
-
-
pensions
289
-
116
-
unemployment
231
-
93
-
total
2 147
-
209
-
Employer
14 451
-
2 540
-
unemployment
116
-
46
-
health
1 878
-
754
-
pensions
2 890
-
1 160
-
total
4 884
-
1 960
-
Corporate
-
4 500
-
-
income
-
900
-
-
total
-
900
-
-
Dividends
-
3 600
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 031
900
2 169
1 914
After tax
-2 531
3 600
2 331
2 586
Living cost
12 304
12 304
12 304
12 304
Free-cash
-14 835
-8 704
-9 973
-9 718

Estimated living cost  is ₴12304 per week

₴8439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8890
-₴10901
-₴10498
-₴16831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
190
health
-
-
-
1 117
accident
-
-
-
129
income
-
-
-
166
pensions
-
-
-
2 131
total
-
-
-
3 733
Employee
17 720
-
3 738
-
income
2 431
-
513
-
pensions
1 995
-
421
-
health
2 029
-
428
-
total
6 455
-
1 362
-
Employer
17 720
-
3 738
-
unemployment
434
-
92
-
accident
296
-
63
-
pensions
2 881
-
608
-
total
3 611
-
763
-
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
-
86
-
-
total
-
86
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 066
4 136
2 125
3 733
After tax
-5 566
364
2 375
767
Living cost
11 265
11 265
11 265
11 265
Free-cash
-16 831
-10 901
-8 890
-10 498

Estimated living cost  is ₴11265 per week

₴8256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴666
₴9
₴189
-₴832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 332
-
4 500
-
income
1 066
-
900
-
total
1 066
-
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
1 066
225
900
45
After tax
3 434
4 275
3 600
4 455
Living cost
4 266
4 266
4 266
4 266
Free-cash
-832
9
-666
189

Estimated living cost  is ₴4266 per week

₴2644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10991
-₴10267
-₴11415
-₴18658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
263
health
-
-
-
244
income
-
-
-
507
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.

-
-
-
1 327
total
-
-
-
2 341
Employee
18 496
-
3 518
-
income
3 184
-
605
-
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.

1 294
-
247
-
health
259
-
49
-
unemployment
185
-
35
-
total
4 922
-
936
-
Employer
18 496
-
3 518
-
other
925
-
272
-
unemployment
185
-
35
-
health
259
-
49
-
accident
148
-
28
-
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.

3 145
-
597
-
total
4 662
-
981
-
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
9 584
1 193
1 917
2 341
After tax
-5 084
3 307
2 583
2 159
Living cost
13 574
13 574
13 574
13 574
Free-cash
-18 658
-10 267
-10 991
-11 415

Estimated living cost  is ₴13574 per week

₴9591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴30309
-₴30469
-₴30241
-₴49942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
47 880
-
4 416
-
income
8 631
-
884
-
health
789
-
-
-
pensions
4 619
-
-
-
total
14 039
-
884
-
Employer
47 880
-
4 416
-
health
909
-
84
-
pensions
5 653
-
-
-
total
6 562
-
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
20 601
1 128
968
900
After tax
-16 101
3 372
3 532
3 600
Living cost
33 841
33 841
33 841
33 841
Free-cash
-49 942
-30 469
-30 309
-30 241

Estimated living cost  is ₴33841 per week

₴25358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴3800
-₴2795
-₴4018
-₴6021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
8 795
-
3 762
-
income
879
-
376
-
accident

We are using the highest rate at 1.1%.

97
-
41
-
pensions

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

772
-
330
-
health
405
-
173
-
total
2 153
-
920
-
Employer
8 795
-
3 762
-
unemployment
53
-
23
-
health
607
-
260
-
accident

We are using the highest rate at 1.1%.

97
-
41
-
pensions

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

969
-
414
-
total
1 726
-
738
-
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
3 879
653
1 658
1 876
After tax
621
3 847
2 842
2 624
Living cost
6 642
6 642
6 642
6 642
Free-cash
-6 021
-2 795
-3 800
-4 018

Estimated living cost  is ₴6642 per week

₴3878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴52994
-₴50134
-₴25653
-₴50998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
690
income
-
-
-
405
pensions
-
-
-
810
total
-
-
-
1 905
Employee
47 229
43 502
43 502
-
income

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

7 121
7 121
7 121
-
pensions
5 968
5 968
7 830
-
health
5 892
5 679
6 677
-
total
18 981
18 768
21 628
-
Employer
47 229
43 502
43 502
-
unemployment
1 700
1 566
1 566
-
health
3 282
3 024
3 024
-
pensions
3 287
3 028
3 028
-
total
8 269
7 618
7 618
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
27 250
26 386
29 246
1 905
After tax
-22 750
-21 886
-24 746
2 595
Living cost
28 248
28 248
28 248
28 248
Free-cash
-50 998
-50 134
-52 994
-25 653

Estimated living cost  is ₴28248 per week

₴20837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10273
-₴9459
-₴10366
-₴20245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
608
income
-
-
-
387
solidarity contribution
-
-
-
-
total
-
-
-
2 309
Employee
18 466
-
3 358
-
social contributions
1 200
-
218
-
solidarity contribution
-
-
-
-
income
2 216
-
403
-
health
2 493
-
453
-
total
5 909
-
1 074
-
Employer
18 466
-
3 358
-
health
1 662
-
302
-
social contributions
4 617
-
840
-
total
6 279
-
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
12 188
1 402
2 216
2 309
After tax
-7 688
3 098
2 284
2 191
Living cost
12 557
12 557
12 557
12 557
Free-cash
-20 245
-9 459
-10 273
-10 366

Estimated living cost  is ₴12557 per week

₴8722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴22171
-₴19095
-₴21082
-₴40773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 948
national
-
-
-
127
regional
-
-
-
7
municipal
-
-
-
5
total
-
-
-
4 087
Employee
45 274
-
4 500
-
social contributions
15 266
-
5 176
-
municipal
240
-
-
-
national
7 845
-
-
-
regional
427
-
-
-
total
23 778
-
5 176
-
Employer
45 274
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
176
-
-
total
-
1 256
-
-
Dividends
-
3 244
-
-
withholding
-
844
-
-
total
-
844
-
-
Income
4 500
4 500
4 500
4 500
Total tax
23 778
2 100
5 176
4 087
After tax
-19 278
2 400
-676
413
Living cost
21 495
21 495
21 495
21 495
Free-cash
-40 773
-19 095
-22 171
-21 082

Estimated living cost  is ₴21495 per week

₴14984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1409
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.
₴4772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9665
-₴8411
-₴9208
-₴15893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
483
income
-
-
-
508
pensions
-
-
-
1 360
surtax
-
-
-
-
unemployment
-
-
-
116
total
-
-
-
2 467
Employee
16 846
-
3 069
-
surtax
55
-
-
-
income
2 824
-
394
-
other
-
-
-
-
pensions
1 123
-
453
-
health
430
-
173
-
unemployment
1 173
-
473
-
total
5 605
-
1 493
-
Employer
16 846
-
3 069
-
other
-
-
-
-
unemployment
534
-
216
-
health
767
-
309
-
pensions
2 246
-
906
-
total
3 547
-
1 431
-
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
9 152
1 670
2 924
2 467
After tax
-4 652
2 830
1 576
2 033
Living cost
11 241
11 241
11 241
11 241
Free-cash
-15 893
-8 411
-9 665
-9 208

Estimated living cost  is ₴11241 per week

₴6873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
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.
₴3071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴19587
-₴19747
-₴19519
-₴31672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
32 088
-
4 416
-
income
5 779
-
884
-
health
466
-
-
-
pensions
2 724
-
-
-
total
8 969
-
884
-
Employer
32 088
-
4 416
-
health
610
-
84
-
pensions
3 474
-
-
-
total
4 084
-
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
13 053
1 128
968
900
After tax
-8 553
3 372
3 532
3 600
Living cost
23 119
23 119
23 119
23 119
Free-cash
-31 672
-19 747
-19 587
-19 519

Estimated living cost  is ₴23119 per week

₴17321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1733
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.
₴3823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴38727
-₴38920
-₴37164
-₴48024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
91
health
-
-
-
134
pensions
-
-
-
414
city
-
-
-
46
national
-
-
-
-
regional
-
-
-
-
total
-
-
-
685
Employee
47 956
-
3 318
-
national
227
-
-
-
city
515
-
26
-
pensions
4 029
-
1 071
-
health
108
-
7
-
regional
1 570
-
-
-
unemployment
-
-
-
-
total
6 449
-
1 104
-
Employer
47 956
-
3 318
-
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.

959
-
66
-
unemployment
-
-
-
-
health
108
-
7
-
pensions
4 029
-
1 071
-
total
5 096
-
1 144
-
Corporate
-
4 500
-
-
regional
-
951
-
-
national
-
382
-
-
total
-
1 333
-
-
Dividends
-
3 166
-
-
withholding
-
1 108
-
-
total
-
1 108
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 545
2 441
2 248
685
After tax
-7 045
2 059
2 252
3 815
Living cost
40 979
40 979
40 979
40 979
Free-cash
-48 024
-38 920
-38 727
-37 164

Estimated living cost  is ₴40979 per week

₴26648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴10150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴22317
-₴20973
-₴22317
-₴26115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 480
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 480
Employee

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

30 615
-
4 500
-
surtax

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

198
-
-
-
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.

3 600
-
-
-
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.

3 480
-
3 480
-
total
7 278
-
3 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
chamber of commerce
-
84
-
-
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
-
771
-
-
income
-
675
-
-
total
-
1 567
-
-
Dividends
-
2 933
-
-
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
-
539
-
-
total
-
569
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 278
2 136
3 480
3 480
After tax
-2 778
2 364
1 020
1 020
Living cost
23 337
23 337
23 337
23 337
Free-cash
-26 115
-20 973
-22 317
-22 317

Estimated living cost  is ₴23337 per week

₴17044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14487
-₴15161
-₴15305
-₴24112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
139
social contributions
-
-
-
129
health
-
-
-
135
income
-
-
-
-
pensions
-
-
-
1 973
surtax
-
-
-
-
total
-
-
-
2 376
Employee
21 802
-
3 430
-
surtax
-
-
-
-
social contributions
622
-
98
-
income
1 287
-
-
-
pensions
2 465
-
389
-
total
4 374
-
487
-
Employer
21 802
-
3 430
-
other
752
-
118
-
unemployment
883
-
139
-
health
1 526
-
240
-
pensions
3 582
-
563
-
social contributions
66
-
11
-
total
6 809
-
1 071
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
social contributions
-
557
-
-
surtax
-
-
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 183
2 232
1 558
2 376
After tax
-6 683
2 268
2 942
2 124
Living cost
17 429
17 429
17 429
17 429
Free-cash
-24 112
-15 161
-14 487
-15 305

Estimated living cost  is ₴17429 per week

₴10990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴12760
-₴13434
-₴13578
-₴21039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
139
social contributions
-
-
-
129
health
-
-
-
135
income
-
-
-
-
pensions
-
-
-
1 973
surtax
-
-
-
-
total
-
-
-
2 376
Employee
19 462
-
3 430
-
surtax
-
-
-
-
social contributions
555
-
98
-
income
1 003
-
-
-
pensions
2 201
-
389
-
total
3 759
-
487
-
Employer
19 462
-
3 430
-
other
672
-
118
-
unemployment
788
-
139
-
health
1 362
-
240
-
pensions
3 198
-
563
-
social contributions
58
-
11
-
total
6 078
-
1 071
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
social contributions
-
557
-
-
surtax
-
-
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 837
2 232
1 558
2 376
After tax
-5 337
2 268
2 942
2 124
Living cost
15 702
15 702
15 702
15 702
Free-cash
-21 039
-13 434
-12 760
-13 578

Estimated living cost  is ₴15702 per week

₴9106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1595
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.
₴4703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
-₴7844
-₴8506
-₴8315
-₴14110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
888
health
-
-
-
450
income
-
-
-
675
total
-
-
-
2 013
Employee
17 272
-
4 500
-
social contributions
2 384
-
888
-
income
2 881
-
204
-
health
1 205
-
450
-
total
6 470
-
1 542
-
Employer
17 272
-
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
-
-
social contributions
888
888
-
-
withholding
-
641
-
-
health
450
450
-
-
total
1 338
1 979
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 808
2 204
1 542
2 013
After tax
-3 308
2 296
2 958
2 487
Living cost
10 802
10 802
10 802
10 802
Free-cash
-14 110
-8 506
-7 844
-8 315

Estimated living cost  is ₴10802 per week

₴7229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴666
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.
₴2657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴19871
-₴25050
-₴18022
-₴28869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
389
income
-
-
-
-
chamber of commerce
-
-
-
18
pensions
-
-
-
940
surtax
-
-
-
101
unemployment
-
-
-
3 124
total
-
-
-
4 572
Employee
25 458
20 301
20 301
-
income
2 898
1 497
2 385
-
other
254
203
51
-
pensions
2 607
2 078
520
-
health
985
786
196
-
unemployment
764
609
153
-
total
7 508
5 173
3 305
-
Employer
25 458
20 301
20 301
-
other
1 209
964
835
-
unemployment
764
609
153
-
health
962
768
192
-
surtax
101
101
101
-
accident
331
264
24
-
pensions
3 195
2 548
638
-
payroll
764
609
609
-
chamber of commerce
102
81
81
-
total
7 428
5 944
2 633
-
Corporate
1 933
1 933
1 933
-
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.

483
483
483
-
total
483
483
483
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
15 419
11 600
6 421
4 572
After tax
-10 919
-7 100
-1 921
-72
Living cost
17 950
17 950
17 950
17 950
Free-cash
-28 869
-25 050
-19 871
-18 022

Estimated living cost  is ₴17950 per week

₴11972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴16481
-₴15880
-₴17322
-₴42548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 686
communal

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

-
-
-
109
national
-
-
-
453
total
-
-
-
3 248
Employee

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

36 439
-
3 486
-
national
11 203
-
758
-
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.

2 733
-
261
-
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.

1 712
-
163
-
communal

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

1 901
-
182
-
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.

317
-
30
-
total
17 866
-
1 394
-
Employer

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

36 439
-
3 486
-
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.

532
-
51
-
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.

2 241
-
215
-
surtax
4 132
-
394
-
accident

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

474
-
45
-
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.

3 229
-
308
-
total
10 608
-
1 013
-
Corporate
-
4 500
-
-
surtax
-
18
-
-
income
-
900
-
-
total
-
918
-
-
Dividends
-
3 582
-
-
withholding

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

-
888
-
-
total
-
888
-
-
Income
4 500
4 500
4 500
4 500
Total tax
28 474
1 806
2 407
3 248
After tax
-23 974
2 694
2 093
1 252
Living cost
18 574
18 574
18 574
18 574
Free-cash
-42 548
-15 880
-16 481
-17 322

Estimated living cost  is ₴18574 per week

₴11964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
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.
₴4695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴20400
-₴15299
-₴17414
-₴28940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
231
pensions
-
-
-
3 100
unemployment
-
-
-
76
total
-
-
-
3 517
Employee
25 357
-
-
-
income
5 350
-
-
-
other
25
-
17
-
pensions
1 192
-
799
-
unemployment
393
-
264
-
total
6 960
-
1 080
-
Employer
25 357
-
-
-
other
202
-
136
-
unemployment
1 395
-
936
-
accident
502
-
336
-
pensions
5 984
-
4 015
-
total
8 083
-
5 423
-
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
15 043
1 402
6 503
3 517
After tax
-10 543
3 098
-2 003
983
Living cost
18 397
18 397
18 397
18 397
Free-cash
-28 940
-15 299
-20 400
-17 414

Estimated living cost  is ₴18397 per week

₴13547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴29099
-₴24604
-₴29097
-₴38687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 817
accident
-
-
-
218
income
-
-
-
-
pensions
-
-
-
3 878
communal
-
-
-
-
surtax
-
-
-
-
total
-
-
-
5 913
Employee
38 578
-
1 603
-
surtax
2 365
-
-
-
income
3 726
-
-
-
pensions
3 086
-
1 939
-
health
1 717
-
1 079
-
total
10 894
-
3 018
-
Employer
38 578
-
1 603
-
health
1 176
-
740
-
accident
347
-
218
-
pensions
3 086
-
1 939
-
total
4 609
-
2 897
-
Corporate
-
4 500
-
-
surtax
-
47
-
-
income
-
675
-
-
communal
-
-
-
-
total
-
722
-
-
Dividends
-
3 778
-
-
income
-
132
-
-
withholding
-
566
-
-
total
-
698
-
-
Income
4 500
4 500
4 500
4 500
Total tax
15 503
1 420
5 915
5 913
After tax
-11 003
3 080
-1 415
-1 413
Living cost
27 684
27 684
27 684
27 684
Free-cash
-38 687
-24 604
-29 099
-29 097

Estimated living cost  is ₴27684 per week

₴20767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9866
-₴8612
-₴9409
-₴16267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
483
income
-
-
-
508
pensions
-
-
-
1 360
surtax
-
-
-
-
unemployment
-
-
-
116
total
-
-
-
2 467
Employee
17 155
-
3 069
-
surtax
61
-
-
-
income
2 876
-
394
-
other
-
-
-
-
pensions
1 145
-
453
-
health
438
-
173
-
unemployment
1 194
-
473
-
total
5 714
-
1 493
-
Employer
17 155
-
3 069
-
other
-
-
-
-
unemployment
544
-
216
-
health
780
-
309
-
pensions
2 287
-
906
-
total
3 611
-
1 431
-
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
9 325
1 670
2 924
2 467
After tax
-4 825
2 830
1 576
2 033
Living cost
11 442
11 442
11 442
11 442
Free-cash
-16 267
-8 612
-9 866
-9 409

Estimated living cost  is ₴11442 per week

₴6908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14399
-₴11357
-₴13315
-₴23759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 948
national
-
-
-
127
regional
-
-
-
12
municipal
-
-
-
5
total
-
-
-
4 092
Employee
28 258
-
4 500
-
social contributions
9 529
-
5 176
-
municipal
150
-
-
-
national
4 477
-
-
-
regional
380
-
-
-
total
14 536
-
5 176
-
Employer
28 258
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
223
-
-
total
-
1 303
-
-
Dividends
-
3 197
-
-
withholding
-
831
-
-
total
-
831
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 536
2 134
5 176
4 092
After tax
-10 036
2 366
-676
408
Living cost
13 723
13 723
13 723
13 723
Free-cash
-23 759
-11 357
-14 399
-13 315

Estimated living cost  is ₴13723 per week

₴8534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Naples model

Close
Prague , Czech Republic
-₴13190
-₴12376
-₴13283
-₴25993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
608
income
-
-
-
387
solidarity contribution
-
-
-
-
total
-
-
-
2 309
Employee
22 755
-
3 358
-
social contributions
1 479
-
218
-
solidarity contribution
-
-
-
-
income
2 731
-
403
-
health
3 072
-
453
-
total
7 282
-
1 074
-
Employer
22 755
-
3 358
-
health
2 048
-
302
-
social contributions
5 689
-
840
-
total
7 737
-
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
15 019
1 402
2 216
2 309
After tax
-10 519
3 098
2 284
2 191
Living cost
15 474
15 474
15 474
15 474
Free-cash
-25 993
-12 376
-13 190
-13 283

Estimated living cost  is ₴15474 per week

₴11507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18073
-₴23251
-₴16223
-₴24659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
389
income
-
-
-
-
chamber of commerce
-
-
-
18
pensions
-
-
-
940
surtax
-
-
-
-
unemployment
-
-
-
3 124
total
-
-
-
4 471
Employee
22 268
20 301
20 301
-
income
1 984
1 497
2 385
-
other
222
203
51
-
pensions
2 280
2 078
520
-
health
861
786
196
-
unemployment
668
609
153
-
total
6 015
5 173
3 305
-
Employer
22 268
20 301
20 301
-
other
1 058
964
835
-
unemployment
668
609
153
-
health
842
768
192
-
surtax
-
-
-
-
accident
289
264
25
-
pensions
2 795
2 548
638
-
payroll
668
609
609
-
chamber of commerce
89
81
81
-
total
6 409
5 843
2 533
-
Corporate
1 933
1 933
1 933
-
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.

483
483
483
-
total
483
483
483
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 907
11 499
6 321
4 471
After tax
-8 407
-6 999
-1 821
29
Living cost
16 252
16 252
16 252
16 252
Free-cash
-24 659
-23 251
-18 073
-16 223

Estimated living cost  is ₴16252 per week

₴9749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1660
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.
₴4553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3048
-₴2373
-₴2193
-₴3810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
8 310
-
4 500
-
income
1 662
-
900
-
total
1 662
-
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
1 662
225
900
45
After tax
2 838
4 275
3 600
4 455
Living cost
6 648
6 648
6 648
6 648
Free-cash
-3 810
-2 373
-3 048
-2 193

Estimated living cost  is ₴6648 per week

₴4499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴11114
-₴10566
-₴10952
-₴21535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
443
income
-
-
-
516
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.

22 526
-
3 894
-
income
3 885
-
485
-
pensions
3 492
-
603
-
health
1 455
-
251
-
unemployment
32
-
6
-
total
8 864
-
1 345
-
Employer

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

22 526
-
3 894
-
unemployment
14
-
2
-
health
1 500
-
259
-
pensions
1 993
-
344
-
total
3 507
-
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
12 371
1 402
1 950
1 788
After tax
-7 871
3 098
2 550
2 712
Living cost
13 664
13 664
13 664
13 664
Free-cash
-21 535
-10 566
-11 114
-10 952

Estimated living cost  is ₴13664 per week

₴9377
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.
₴265
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴25581
-₴20315
-₴19962
-₴75163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
537
income
-
-
-
872
total
-
-
-
1 409
Employee
33 055
-
-
-
social contributions
2 711
-
386
-
income
7 291
-
-
-
total
10 002
-
386
-
Employer
33 055
-
-
-
social contributions
46 608
-
6 642
-
total
46 608
-
6 642
-
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
56 610
1 762
7 028
1 409
After tax
-52 110
2 738
-2 528
3 091
Living cost
23 053
23 053
23 053
23 053
Free-cash
-75 163
-20 315
-25 581
-19 962

Estimated living cost  is ₴23053 per week

₴14958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13211
-₴13420
-₴13306
-₴24493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
23 429
-
3 637
-
surtax
-
-
-
-
social contributions
2 577
-
400
-
income
4 873
-
469
-
total
7 450
-
869
-
Employer
23 429
-
3 637
-
social contributions
5 564
-
863
-
total
5 564
-
863
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
945
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
996
-
-
total
-
996
-
-
Income
4 500
4 500
4 500
4 500
Total tax
13 014
1 941
1 732
1 827
After tax
-8 514
2 559
2 768
2 673
Living cost
15 979
15 979
15 979
15 979
Free-cash
-24 493
-13 420
-13 211
-13 306

Estimated living cost  is ₴15979 per week

₴11955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴21662
-₴22336
-₴22480
-₴37370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
139
social contributions
-
-
-
129
health
-
-
-
135
income
-
-
-
-
pensions
-
-
-
1 973
surtax
-
-
-
-
total
-
-
-
2 376
Employee
31 906
-
3 430
-
surtax
-
-
-
-
social contributions
909
-
98
-
income
2 784
-
-
-
pensions
3 609
-
389
-
total
7 302
-
487
-
Employer
31 906
-
3 430
-
other
1 101
-
118
-
unemployment
1 292
-
139
-
health
2 233
-
240
-
pensions
5 242
-
563
-
social contributions
96
-
11
-
total
9 964
-
1 071
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
social contributions
-
557
-
-
surtax
-
-
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
17 266
2 232
1 558
2 376
After tax
-12 766
2 268
2 942
2 124
Living cost
24 604
24 604
24 604
24 604
Free-cash
-37 370
-22 336
-21 662
-22 480

Estimated living cost  is ₴24604 per week

₴16652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴11670
-₴11263
-₴11803
-₴14416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
990
total
-
-
-
990
Employee
16 377
-
3 896
-
income
-
-
-
-
social contributions
1 064
-
253
-
total
1 064
-
253
-
Employer
16 377
-
3 896
-
social contributions
2 539
-
604
-
total
2 539
-
604
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 603
450
857
990
After tax
897
4 050
3 643
3 510
Living cost
15 313
15 313
15 313
15 313
Free-cash
-14 416
-11 263
-11 670
-11 803

Estimated living cost  is ₴15313 per week

₴9901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴106308
-₴106308
-₴20759
-₴106308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
325
pensions
-
-
-
441
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
766
Employee
103 381
103 381
103 381
-
labour market
8 259
8 259
8 259
-
municipal
22 014
22 014
22 014
-
national
12 630
12 630
12 630
-
pensions
147
147
147
-
total
43 050
43 050
43 050
-
Employer
103 381
103 381
103 381
-
national
12 652
12 652
12 652
-
labour market
8 270
8 270
8 270
-
pensions
294
294
294
-
municipal
22 049
22 049
22 049
-
total
43 265
43 265
43 265
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
86 315
86 315
86 315
766
After tax
-81 815
-81 815
-81 815
3 734
Living cost
24 493
24 493
24 493
24 493
Free-cash
-106 308
-106 308
-106 308
-20 759

Estimated living cost  is ₴24493 per week

₴16764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8724
-₴10735
-₴10332
-₴16518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
190
health
-
-
-
1 117
accident
-
-
-
129
income
-
-
-
166
pensions
-
-
-
2 131
total
-
-
-
3 733
Employee
17 459
-
3 738
-
income
2 395
-
513
-
pensions
1 966
-
421
-
health
1 999
-
428
-
total
6 360
-
1 362
-
Employer
17 459
-
3 738
-
unemployment
428
-
92
-
accident
292
-
63
-
pensions
2 839
-
608
-
total
3 559
-
763
-
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
-
86
-
-
total
-
86
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 919
4 136
2 125
3 733
After tax
-5 419
364
2 375
767
Living cost
11 099
11 099
11 099
11 099
Free-cash
-16 518
-10 735
-8 724
-10 332

Estimated living cost  is ₴11099 per week

₴8079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴16708
-₴16444
-₴15868
-₴27359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
national
-
-
-
-
municipal
-
-
-
810
total
-
-
-
810
Employee
26 801
-
3 786
-
municipal
4 390
-
625
-
national
443
-
-
-
pensions
1 809
-
255
-
health
200
-
-
-
unemployment
402
-
57
-
total
7 244
-
937
-
Employer
26 801
-
3 786
-
unemployment
174
-
24
-
health
206
-
29
-
accident
27
-
4
-
pensions
4 650
-
656
-
total
5 057
-
713
-
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
12 301
1 386
1 650
810
After tax
-7 801
3 114
2 850
3 690
Living cost
19 558
19 558
19 558
19 558
Free-cash
-27 359
-16 444
-16 708
-15 868

Estimated living cost  is ₴19558 per week

₴12775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1881
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.
₴4591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14359
-₴18813
-₴10809
-₴15155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 366
social contributions
-
-
-
3 021
health
-
-
-
494
income
-
-
-
-
total
-
-
-
3 515
Employee
39 172
39 172
39 172
-
social contributions
1 481
3 251
1 096
-
income
4 265
3 626
4 404
-
health
304
666
224
-
total
6 050
7 543
5 724
-
Employer
39 172
39 172
39 172
-
health
330
725
245
-
social contributions
1 481
3 251
1 096
-
total
1 811
3 976
1 341
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 861
11 519
7 065
3 515
After tax
-3 361
-7 019
-2 565
985
Living cost
11 794
11 794
11 794
11 794
Free-cash
-15 155
-18 813
-14 359
-10 809

Estimated living cost  is ₴11794 per week

₴7069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6762
-₴4361
-₴8687
-₴8397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 844
income
-
-
-
-
pensions
-
-
-
3 240
unemployment
-
-
-
15
total
-
-
-
5 099
Employee

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

11 693
-
3 585
-
income
799
-
131
-
pensions
1 754
-
1 331
-
health
994
-
754
-
unemployment
58
-
44
-
total
3 605
-
2 260
-
Employer

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

11 693
-
3 585
-
unemployment
58
-
44
-
health
503
-
382
-
pensions
643
-
488
-
total
1 204
-
914
-
Corporate
-
4 500
-
-
income
-
405
-
-
total
-
405
-
-
Dividends
-
4 095
-
-
withholding
-
368
-
-
total
-
368
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 809
773
3 174
5 099
After tax
-309
3 727
1 326
-599
Living cost
8 088
8 088
8 088
8 088
Free-cash
-8 397
-4 361
-6 762
-8 687

Estimated living cost  is ₴8088 per week

₴5160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴583
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.
₴2104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴16011
-₴10910
-₴13025
-₴20340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
231
pensions
-
-
-
3 100
unemployment
-
-
-
76
total
-
-
-
3 517
Employee
18 836
-
-
-
income
3 631
-
-
-
other
18
-
17
-
pensions
886
-
799
-
unemployment
292
-
264
-
total
4 827
-
1 080
-
Employer
18 836
-
-
-
other
151
-
136
-
unemployment
1 036
-
936
-
accident
373
-
336
-
pensions
4 445
-
4 015
-
total
6 005
-
5 423
-
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
10 832
1 402
6 503
3 517
After tax
-6 332
3 098
-2 003
983
Living cost
14 008
14 008
14 008
14 008
Free-cash
-20 340
-10 910
-16 011
-13 025

Estimated living cost  is ₴14008 per week

₴9455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
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.
₴2961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1354
₴1861
₴1421
₴1706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
501
income
-
-
-
940
pensions
-
-
-
691
total
-
-
-
2 132
Employee
1 442
-
3 723
-
income
279
-
903
-
pensions
130
-
311
-
health
72
-
173
-
unemployment
14
-
35
-
total
495
-
1 422
-
Employer
1 442
-
3 723
-
unemployment
29
-
69
-
health
137
-
328
-
pensions
159
-
380
-
total
325
-
777
-
Corporate
2 734
4 500
-
-
income
601
990
-
-
total
601
990
-
-
Dividends
2 132
3 510
-
-
withholding
426
702
-
-
total
426
702
-
-
Income
4 500
4 500
4 500
4 500
Total tax
1 847
1 692
2 199
2 132
After tax
2 653
2 808
2 301
2 368
Living cost
947
947
947
947
Free-cash
1 706
1 861
1 354
1 421

Estimated living cost  is ₴947 per week

₴563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
-₴5921
-₴5572
-₴6152
-₴11187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
pensions
-
-
-
1 170
unemployment
-
-
-
67
total
-
-
-
1 829
Employee

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

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

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

13 305
-
3 817
-
income
1 834
-
154
-
pensions
1 863
-
534
-
health
685
-
197
-
unemployment
100
-
29
-
total
4 482
-
914
-
Employer

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

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

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

13 305
-
3 817
-
unemployment
100
-
29
-
health
685
-
197
-
pensions
1 597
-
458
-
total
2 382
-
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
6 864
1 249
1 598
1 829
After tax
-2 364
3 251
2 902
2 671
Living cost
8 823
8 823
8 823
8 823
Free-cash
-11 187
-5 572
-5 921
-6 152

Estimated living cost  is ₴8823 per week

₴5941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10965
-₴11174
-₴11060
-₴19966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
19 772
-
3 637
-
surtax
-
-
-
-
social contributions
2 175
-
400
-
income
3 863
-
469
-
total
6 038
-
869
-
Employer
19 772
-
3 637
-
social contributions
4 695
-
863
-
total
4 695
-
863
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
945
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
996
-
-
total
-
996
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 733
1 941
1 732
1 827
After tax
-6 233
2 559
2 768
2 673
Living cost
13 733
13 733
13 733
13 733
Free-cash
-19 966
-11 174
-10 965
-11 060

Estimated living cost  is ₴13733 per week

₴9727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴19906
-₴14805
-₴16920
-₴27946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
11
accident
-
-
-
99
income
-
-
-
231
pensions
-
-
-
3 100
unemployment
-
-
-
76
total
-
-
-
3 517
Employee
24 602
-
-
-
income
5 139
-
-
-
other
24
-
17
-
pensions
1 156
-
799
-
unemployment
381
-
264
-
total
6 700
-
1 080
-
Employer
24 602
-
-
-
other
197
-
136
-
unemployment
1 353
-
936
-
accident
487
-
336
-
pensions
5 806
-
4 015
-
total
7 843
-
5 423
-
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
14 543
1 402
6 503
3 517
After tax
-10 043
3 098
-2 003
983
Living cost
17 903
17 903
17 903
17 903
Free-cash
-27 946
-14 805
-19 906
-16 920

Estimated living cost  is ₴17903 per week

₴12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5873
-₴4868
-₴6091
-₴9304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 539
-
3 762
-
income
1 154
-
376
-
accident

We are using the highest rate at 1.1%.

127
-
41
-
pensions

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

1 013
-
330
-
health
531
-
173
-
total
2 825
-
920
-
Employer
11 539
-
3 762
-
unemployment
69
-
23
-
health
796
-
260
-
accident

We are using the highest rate at 1.1%.

127
-
41
-
pensions

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

1 272
-
414
-
total
2 264
-
738
-
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
5 089
653
1 658
1 876
After tax
-589
3 847
2 842
2 624
Living cost
8 715
8 715
8 715
8 715
Free-cash
-9 304
-4 868
-5 873
-6 091

Estimated living cost  is ₴8715 per week

₴5764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18647
-₴17212
-₴18647
-₴20846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 480
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
3 480
Employee

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

25 347
-
4 500
-
surtax

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

115
-
-
-
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.

2 084
-
-
-
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.

3 480
-
3 480
-
total
5 679
-
3 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
chamber of commerce
-
84
-
-
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
-
-
income
-
675
-
-
total
-
1 442
-
-
Dividends
-
3 059
-
-
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
-
571
-
-
total
-
603
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 679
2 045
3 480
3 480
After tax
-1 179
2 455
1 020
1 020
Living cost
19 667
19 667
19 667
19 667
Free-cash
-20 846
-17 212
-18 647
-18 647

Estimated living cost  is ₴19667 per week

₴13567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2116
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.
₴3699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴24518
-₴25870
-₴24518
-₴35348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
39 848
-
4 500
-
income
7 519
-
-
-
social contributions
3 310
-
-
-
total
10 829
-
-
-
Employer
39 848
-
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
10 829
1 351
-
-
After tax
-6 329
3 149
4 500
4 500
Living cost
29 018
29 018
29 018
29 018
Free-cash
-35 348
-25 870
-24 518
-24 518

Estimated living cost  is ₴29018 per week

₴22077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15764
-₴17088
-₴31654
-₴22731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 501
health

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

-
-
-
3 161
total
-
-
-
17 662
Employee
23 369
-
3 614
-
income
2 536
-
-
-
social contributions
2 341
-
886
-
total
4 877
-
886
-
Employer
23 369
-
3 614
-
social contributions
2 341
-
886
-
total
2 341
-
886
-
Corporate
-
4 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
2 925
-
-
social contributions
1 521
1 521
-
-
total
1 521
1 521
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 739
3 096
1 772
17 662
After tax
-4 239
1 404
2 728
-13 162
Living cost
18 492
18 492
18 492
18 492
Free-cash
-22 731
-17 088
-15 764
-31 654

Estimated living cost  is ₴18492 per week

₴12181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1458
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.
₴4570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15263
-₴15423
-₴15195
-₴24396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
25 799
-
4 416
-
income
4 698
-
884
-
health
337
-
-
-
pensions
1 969
-
-
-
total
7 004
-
884
-
Employer
25 799
-
4 416
-
health
490
-
84
-
pensions
2 607
-
-
-
total
3 097
-
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
10 101
1 128
968
900
After tax
-5 601
3 372
3 532
3 600
Living cost
18 795
18 795
18 795
18 795
Free-cash
-24 396
-15 423
-15 263
-15 195

Estimated living cost  is ₴18795 per week

₴12893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴9823
-₴11834
-₴11431
-₴18598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
190
health
-
-
-
1 117
accident
-
-
-
129
income
-
-
-
166
pensions
-
-
-
2 131
total
-
-
-
3 733
Employee
19 187
-
3 738
-
income
2 632
-
513
-
pensions
2 161
-
421
-
health
2 197
-
428
-
total
6 990
-
1 362
-
Employer
19 187
-
3 738
-
unemployment
470
-
92
-
accident
320
-
63
-
pensions
3 120
-
608
-
total
3 910
-
763
-
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
-
86
-
-
total
-
86
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 900
4 136
2 125
3 733
After tax
-6 400
364
2 375
767
Living cost
12 198
12 198
12 198
12 198
Free-cash
-18 598
-11 834
-9 823
-11 431

Estimated living cost  is ₴12198 per week

₴8952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴711
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.
₴2289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4082
-₴3069
-₴4082
-₴6530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
23
pensions
-
-
-
828
unemployment
-
-
-
54
total
-
-
-
1 688
Employee

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

11 030
-
4 500
-
income
1 103
-
450
-
work injury
55
-
23
-
health insurance
816
-
333
-
pensions
2 030
-
828
-
unemployment
132
-
54
-
total
4 136
-
1 688
-
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
4 136
675
1 688
1 688
After tax
364
3 825
2 812
2 812
Living cost
6 894
6 894
6 894
6 894
Free-cash
-6 530
-3 069
-4 082
-4 082

Estimated living cost  is ₴6894 per week

₴4271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴20970
-₴17924
-₴19884
-₴38427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 948
national
-
-
-
127
regional
-
-
-
10
municipal
-
-
-
5
total
-
-
-
4 090
Employee
42 926
-
4 500
-
social contributions
14 475
-
5 176
-
municipal
256
-
-
-
national
7 254
-
-
-
regional
648
-
-
-
total
22 633
-
5 176
-
Employer
42 926
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
217
-
-
total
-
1 297
-
-
Dividends
-
3 204
-
-
withholding
-
833
-
-
total
-
833
-
-
Income
4 500
4 500
4 500
4 500
Total tax
22 633
2 130
5 176
4 090
After tax
-18 133
2 370
-676
410
Living cost
20 294
20 294
20 294
20 294
Free-cash
-38 427
-17 924
-20 970
-19 884

Estimated living cost  is ₴20294 per week

₴14255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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