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
-₴10630
-₴11933
-₴11449
-₴11449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

16 433
-
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.

2 935
-
2 935
-
surtax

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

25
-
-
-
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.

459
-
-
-
total
3 419
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
38
-
-
income
-
675
-
-
trade
-
709
-
-
chamber of commerce
-
72
-
-
total
-
1 494
-
-
Dividends
-
3 007
-
-
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.

-
33
-
-
withholding
-
589
-
-
total
-
622
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 419
2 116
2 935
2 935
After tax
1 081
2 384
1 565
1 565
Living cost
13 014
13 014
13 014
13 014
Free-cash
-11 933
-10 630
-11 449
-11 449

Estimated living cost  is ₴13014 per week

₴8186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18872
-₴32158
-₴17768
-₴17712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
municipal
-
-
-
-
pensions
-
-
-
540
national
-
-
-
-
social contributions
-
-
-
48
total
-
-
-
588
Employee
33 608
-
3 890
-
municipal
4 151
-
9
-
pensions
1 344
-
156
-
national
6 433
-
14
-
total
11 928
-
179
-
Employer
33 608
-
3 890
-
social contributions
361
-
42
-
pensions
2 689
-
311
-
total
3 050
-
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
14 978
1 692
532
588
After tax
-10 478
2 808
3 968
3 912
Living cost
21 680
21 680
21 680
21 680
Free-cash
-32 158
-18 872
-17 712
-17 768

Estimated living cost  is ₴21680 per week

₴14736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2015
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.
₴4605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5339
-₴11079
-₴6467
-₴6520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
675
income
-
-
-
-
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.

-
-
-
1 353
total
-
-
-
2 028
Employee
12 555
-
3 487
-
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.

1 381
-
463
-
surtax
-
-
-
-
income
2 235
-
605
-
total
3 616
-
1 068
-
Employer
12 555
-
3 487
-
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.

3 024
-
1 013
-
surtax
-
-
-
-
total
3 024
-
1 013
-
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
6 640
900
2 081
2 028
After tax
-2 140
3 600
2 419
2 472
Living cost
8 939
8 939
8 939
8 939
Free-cash
-11 079
-5 339
-6 520
-6 467

Estimated living cost  is ₴8939 per week

₴5703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴35754
-₴38166
-₴15405
-₴38166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
405
pensions
-
-
-
810
health
-
-
-
691
total
-
-
-
1 906
Employee
36 691
36 691
36 691
-
health
5 632
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
6 604
5 034
6 604
-
total
18 242
15 830
18 242
-
Employer
36 691
36 691
36 691
-
unemployment
1 321
1 321
1 321
-
pensions
2 554
2 554
2 554
-
health
2 550
2 550
2 550
-
total
6 425
6 425
6 425
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
24 667
22 255
24 667
1 906
After tax
-20 167
-17 755
-20 167
2 594
Living cost
17 999
17 999
17 999
17 999
Free-cash
-38 166
-35 754
-38 166
-15 405

Estimated living cost  is ₴17999 per week

₴12755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14210
-₴26712
-₴14423
-₴14264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
municipal
-
-
-
953
accident
-
-
-
9
pensions
-
-
-
486
other
-
-
-
523
unemployment
-
-
-
4
health
-
-
-
281
national
-
-
-
-
total
-
-
-
2 256
Employee
23 749
-
3 424
-
municipal
7 082
-
1 021
-
national
-
-
-
-
total
7 082
-
1 021
-
Employer
23 749
-
3 424
-
accident
48
-
7
-
other
2 760
-
398
-
unemployment
627
-
90
-
pensions
2 567
-
370
-
health
1 461
-
211
-
total
7 463
-
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
14 545
2 043
2 097
2 256
After tax
-10 045
2 457
2 403
2 244
Living cost
16 667
16 667
16 667
16 667
Free-cash
-26 712
-14 210
-14 264
-14 423

Estimated living cost  is ₴16667 per week

₴11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14517
-₴17289
-₴15314
-₴15314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

21 789
-
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.

2 935
-
2 935
-
surtax

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

103
-
-
-
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.

1 872
-
-
-
total
4 910
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
38
-
-
income
-
675
-
-
trade
-
740
-
-
chamber of commerce
-
72
-
-
total
-
1 525
-
-
Dividends
-
2 975
-
-
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
-
581
-
-
total
-
613
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 910
2 138
2 935
2 935
After tax
-410
2 362
1 565
1 565
Living cost
16 879
16 879
16 879
16 879
Free-cash
-17 289
-14 517
-15 314
-15 314

Estimated living cost  is ₴16879 per week

₴11288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1780
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.
₴3558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴19152
-₴16802
-₴12401
-₴15396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 333
income
-
-
-
-
health
-
-
-
417
social contributions
-
-
-
2 548
total
-
-
-
2 965
Employee
33 038
33 038
33 038
-
social contributions
1 605
2 742
925
-
health
329
562
189
-
income
3 469
3 058
3 715
-
total
5 403
6 362
4 829
-
Employer
33 038
33 038
33 038
-
social contributions
1 605
2 742
925
-
health
358
612
206
-
total
1 963
3 354
1 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 366
9 716
5 960
2 965
After tax
-2 866
-5 216
-1 460
1 535
Living cost
13 936
13 936
13 936
13 936
Free-cash
-16 802
-19 152
-15 396
-12 401

Estimated living cost  is ₴13936 per week

₴9527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5549
-₴8952
-₴4681
-₴5296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
550
pensions
-
-
-
450
unemployment
-
-
-
68
health
-
-
-
315
total
-
-
-
1 383
Employee

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

The minimum wage is 138,000 HUF per month.

11 256
4 480
4 480
-
health
788
314
264
-
income
1 376
548
567
-
pensions
1 126
448
377
-
unemployment
169
67
56
-
total
3 459
1 377
1 264
-
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.

11 256
4 480
4 480
-
pensions
2 195
874
734
-
total
2 195
874
734
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 654
2 251
1 998
1 383
After tax
-1 154
2 249
2 502
3 117
Living cost
7 798
7 798
7 798
7 798
Free-cash
-8 952
-5 549
-5 296
-4 681

Estimated living cost  is ₴7798 per week

₴5321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6778
-₴11809
-₴7492
-₴7707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
978
health
-
-
-
636
total
-
-
-
1 614
Employee
12 189
-
2 846
-
income
1 372
-
-
-
pensions
244
-
98
-
unemployment
195
-
78
-
total
1 811
-
176
-
Employer
12 189
-
2 846
-
unemployment
98
-
39
-
pensions
2 438
-
978
-
health
1 584
-
636
-
total
4 120
-
1 653
-
Corporate
-
4 500
-
-
income
-
900
-
-
total
-
900
-
-
Dividends
-
3 600
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 931
900
1 829
1 614
After tax
-1 431
3 600
2 671
2 886
Living cost
10 378
10 378
10 378
10 378
Free-cash
-11 809
-6 778
-7 707
-7 492

Estimated living cost  is ₴10378 per week

₴7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9066
-₴13356
-₴8184
-₴7054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
108
income
-
-
-
269
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
3 254
Employee
14 834
-
3 738
-
health
1 698
-
428
-
income
2 035
-
513
-
pensions
1 670
-
421
-
total
5 403
-
1 362
-
Employer
14 834
-
3 738
-
accident
248
-
62
-
unemployment
363
-
92
-
pensions
2 412
-
608
-
total
3 023
-
762
-
Corporate
-
4 500
-
-
income

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

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
86
-
-
total
-
86
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 426
4 136
2 124
3 254
After tax
-3 926
364
2 376
1 246
Living cost
9 430
9 430
9 430
9 430
Free-cash
-13 356
-9 066
-7 054
-8 184

Estimated living cost  is ₴9430 per week

₴6911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴382
-₴366
₴562
-₴293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
4 866
-
4 500
-
income
973
-
900
-
total
973
-
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
973
225
900
45
After tax
3 527
4 275
3 600
4 455
Living cost
3 893
3 893
3 893
3 893
Free-cash
-366
382
-293
562

Estimated living cost  is ₴3893 per week

₴2412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴107
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8142
-₴15033
-₴9055
-₴8846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
561
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.

-
-
-
1 119
other
-
-
-
222
health
-
-
-
205
total
-
-
-
2 107
Employee
15 600
-
3 551
-
health
219
-
50
-
income
2 686
-
612
-
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.

1 092
-
249
-
unemployment
156
-
36
-
total
4 153
-
947
-
Employer
15 600
-
3 551
-
accident
125
-
29
-
other
780
-
231
-
unemployment
156
-
36
-
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.

2 652
-
604
-
health
219
-
50
-
total
3 932
-
950
-
Corporate
-
4 500
-
-
income
-
945
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
249
-
-
total
-
249
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 085
1 194
1 897
2 107
After tax
-3 585
3 306
2 603
2 393
Living cost
11 448
11 448
11 448
11 448
Free-cash
-15 033
-8 142
-8 846
-9 055

Estimated living cost  is ₴11448 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴25331
-₴41677
-₴25103
-₴25170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
40 611
-
4 416
-
health
669
-
-
-
income
7 321
-
883
-
pensions
3 918
-
-
-
total
11 908
-
883
-
Employer
40 611
-
4 416
-
pensions
4 795
-
-
-
health
771
-
84
-
total
5 566
-
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
17 474
1 128
967
900
After tax
-12 974
3 372
3 533
3 600
Living cost
28 703
28 703
28 703
28 703
Free-cash
-41 677
-25 331
-25 170
-25 103

Estimated living cost  is ₴28703 per week

₴21508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴1786
-₴4423
-₴3010
-₴2792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
675
pensions

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

-
-
-
666
unemployment
-
-
-
18
health
-
-
-
518
total
-
-
-
1 877
Employee
7 458
-
3 762
-
health
343
-
173
-
accident

We are using the highest rate at 1.1%.

82
-
41
-
income
746
-
376
-
pensions

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

655
-
330
-
total
1 826
-
920
-
Employer
7 458
-
3 762
-
accident

We are using the highest rate at 1.1%.

82
-
41
-
unemployment
45
-
23
-
pensions

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

822
-
415
-
health
515
-
260
-
total
1 464
-
739
-
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
3 290
653
1 659
1 877
After tax
1 210
3 847
2 841
2 623
Living cost
5 633
5 633
5 633
5 633
Free-cash
-4 423
-1 786
-2 792
-3 010

Estimated living cost  is ₴5633 per week

₴3288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴41580
-₴42309
-₴21231
-₴43992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
405
pensions
-
-
-
810
health
-
-
-
691
total
-
-
-
1 906
Employee
39 834
36 691
36 691
-
health
4 970
4 790
5 632
-
income

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

6 006
6 006
6 006
-
pensions
5 034
5 034
6 604
-
total
16 010
15 830
18 242
-
Employer
39 834
36 691
36 691
-
unemployment
1 434
1 321
1 321
-
pensions
2 772
2 554
2 554
-
health
2 768
2 550
2 550
-
total
6 974
6 425
6 425
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
22 984
22 255
24 667
1 906
After tax
-18 484
-17 755
-20 167
2 594
Living cost
23 825
23 825
23 825
23 825
Free-cash
-42 309
-41 580
-43 992
-21 231

Estimated living cost  is ₴23825 per week

₴17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
-₴7176
-₴15746
-₴8082
-₴7990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
387
health
-
-
-
607
solidarity contribution
-
-
-
-
social contributions
-
-
-
1 314
total
-
-
-
2 308
Employee
15 109
-
3 358
-
social contributions
982
-
218
-
health
2 040
-
453
-
solidarity contribution
-
-
-
-
income
1 813
-
403
-
total
4 835
-
1 074
-
Employer
15 109
-
3 358
-
social contributions
3 777
-
840
-
health
1 360
-
302
-
total
5 137
-
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
9 972
1 402
2 216
2 308
After tax
-5 472
3 098
2 284
2 192
Living cost
10 274
10 274
10 274
10 274
Free-cash
-15 746
-7 176
-7 990
-8 082

Estimated living cost  is ₴10274 per week

₴7137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15729
-₴33685
-₴17253
-₴18029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
municipal
-
-
-
9
regional
-
-
-
15
national
-
-
-
269
social contributions
-
-
-
3 330
total
-
-
-
3 623
Employee
38 185
-
4 500
-
social contributions
12 876
-
4 365
-
regional
360
-
2
-
municipal
202
-
1
-
national
6 617
-
31
-
total
20 055
-
4 399
-
Employer
38 185
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
175
-
-
total
-
1 255
-
-
Dividends
-
3 244
-
-
withholding
-
844
-
-
total
-
844
-
-
Income
4 500
4 500
4 500
4 500
Total tax
20 055
2 099
4 399
3 623
After tax
-15 555
2 401
101
877
Living cost
18 130
18 130
18 130
18 130
Free-cash
-33 685
-15 729
-18 029
-17 253

Estimated living cost  is ₴18130 per week

₴12638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6651
-₴12699
-₴7203
-₴7588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
569
pensions
-
-
-
1 147
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
408
surtax
-
-
-
-
total
-
-
-
2 222
Employee
14 208
-
3 293
-
other
-
-
-
-
health
363
-
146
-
surtax
46
-
-
-
income
2 382
-
473
-
pensions
947
-
382
-
unemployment
989
-
399
-
total
4 727
-
1 400
-
Employer
14 208
-
3 293
-
other
-
-
-
-
unemployment
450
-
182
-
pensions
1 894
-
764
-
health
647
-
261
-
total
2 991
-
1 207
-
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
7 718
1 670
2 607
2 222
After tax
-3 218
2 830
1 893
2 278
Living cost
9 481
9 481
9 481
9 481
Free-cash
-12 699
-6 651
-7 588
-7 203

Estimated living cost  is ₴9481 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴16237
-₴26179
-₴16009
-₴16076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
27 216
-
4 416
-
health
395
-
-
-
income
4 902
-
883
-
pensions
2 310
-
-
-
total
7 607
-
883
-
Employer
27 216
-
4 416
-
pensions
2 946
-
-
-
health
517
-
84
-
total
3 463
-
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
11 070
1 128
967
900
After tax
-6 570
3 372
3 533
3 600
Living cost
19 609
19 609
19 609
19 609
Free-cash
-26 179
-16 237
-16 076
-16 009

Estimated living cost  is ₴19609 per week

₴14691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴30619
-₴37382
-₴28833
-₴30084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
46
pensions
-
-
-
414
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
90
regional
-
-
-
-
health
-
-
-
107
national
-
-
-
-
total
-
-
-
657
Employee
38 240
-
3 488
-
city
410
-
30
-
regional
1 252
-
-
-
health
86
-
8
-
pensions
3 213
-
896
-
unemployment
-
-
-
-
national
181
-
-
-
total
5 142
-
934
-
Employer
38 240
-
3 488
-
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.

765
-
70
-
unemployment
-
-
-
-
pensions
3 213
-
896
-
health
86
-
8
-
total
4 064
-
974
-
Corporate
-
4 500
-
-
regional
-
952
-
-
national
-
383
-
-
total
-
1 335
-
-
Dividends
-
3 166
-
-
withholding
-
1 108
-
-
total
-
1 108
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 206
2 443
1 908
657
After tax
-4 706
2 057
2 592
3 843
Living cost
32 676
32 676
32 676
32 676
Free-cash
-37 382
-30 619
-30 084
-28 833

Estimated living cost  is ₴32676 per week

₴21249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴17344
-₴21321
-₴18118
-₴18118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

25 821
-
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.

2 935
-
2 935
-
surtax

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

167
-
-
-
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.

3 036
-
-
-
total
6 138
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
38
-
-
income
-
675
-
-
trade
-
772
-
-
chamber of commerce
-
72
-
-
total
-
1 557
-
-
Dividends
-
2 944
-
-
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
-
572
-
-
total
-
604
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 138
2 161
2 935
2 935
After tax
-1 638
2 339
1 565
1 565
Living cost
19 683
19 683
19 683
19 683
Free-cash
-21 321
-17 344
-18 118
-18 118

Estimated living cost  is ₴19683 per week

₴14375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴12433
-₴19629
-₴12428
-₴11756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
1 847
other
-
-
-
139
health
-
-
-
114
surtax
-
-
-
-
social contributions
-
-
-
128
total
-
-
-
2 228
Employee
18 388
-
3 429
-
social contributions
524
-
98
-
surtax
-
-
-
-
income
1 085
-
-
-
pensions
2 079
-
387
-
total
3 688
-
485
-
Employer
18 388
-
3 429
-
other
634
-
118
-
social contributions
55
-
11
-
unemployment
744
-
139
-
pensions
3 021
-
563
-
health
1 287
-
240
-
total
5 741
-
1 071
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
558
-
-
withholding
-
415
-
-
total
-
973
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 429
2 233
1 556
2 228
After tax
-4 929
2 267
2 944
2 272
Living cost
14 700
14 700
14 700
14 700
Free-cash
-19 629
-12 433
-11 756
-12 428

Estimated living cost  is ₴14700 per week

₴9269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10976
-₴17041
-₴10971
-₴10299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
1 847
other
-
-
-
139
health
-
-
-
114
surtax
-
-
-
-
social contributions
-
-
-
128
total
-
-
-
2 228
Employee
16 414
-
3 429
-
social contributions
468
-
98
-
surtax
-
-
-
-
income
846
-
-
-
pensions
1 857
-
387
-
total
3 171
-
485
-
Employer
16 414
-
3 429
-
other
567
-
118
-
social contributions
49
-
11
-
unemployment
665
-
139
-
pensions
2 697
-
563
-
health
1 149
-
240
-
total
5 127
-
1 071
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
558
-
-
withholding
-
415
-
-
total
-
973
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 298
2 233
1 556
2 228
After tax
-3 798
2 267
2 944
2 272
Living cost
13 243
13 243
13 243
13 243
Free-cash
-17 041
-10 976
-10 299
-10 971

Estimated living cost  is ₴13243 per week

₴7681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6605
-₴11197
-₴6414
-₴6166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
675
health
-
-
-
379
social contributions
-
-
-
749
total
-
-
-
1 803
Employee
14 568
-
4 500
-
social contributions
2 011
-
749
-
health
1 017
-
379
-
income
2 430
-
427
-
total
5 458
-
1 555
-
Employer
14 568
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
income

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

-
225
-
-
total
-
225
-
-
Dividends
-
4 275
-
-
health
379
379
-
-
social contributions
749
749
-
-
withholding
-
641
-
-
total
1 128
1 769
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 586
1 994
1 555
1 803
After tax
-2 086
2 506
2 945
2 697
Living cost
9 111
9 111
9 111
9 111
Free-cash
-11 197
-6 605
-6 166
-6 414

Estimated living cost  is ₴9111 per week

₴6097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴20424
-₴23643
-₴14553
-₴16064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
18
income
-
-
-
-
pensions
-
-
-
832
unemployment
-
-
-
2 635
health
-
-
-
344
surtax
-
-
-
85
total
-
-
-
3 914
Employee
21 472
17 122
17 122
-
other
214
171
43
-
health
831
663
166
-
income
2 444
1 263
2 011
-
pensions
2 199
1 753
439
-
unemployment
644
514
129
-
total
6 332
4 364
2 788
-
Employer
21 472
17 122
17 122
-
accident
279
223
29
-
other
1 020
813
704
-
chamber of commerce
86
68
68
-
unemployment
644
514
129
-
surtax
85
85
85
-
pensions
2 695
2 149
538
-
payroll
644
514
514
-
health
811
647
162
-
total
6 264
5 013
2 229
-
Corporate
1 631
1 631
1 631
-
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.

408
408
408
-
total
408
408
408
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
13 004
9 785
5 425
3 914
After tax
-8 504
-5 285
-925
586
Living cost
15 139
15 139
15 139
15 139
Free-cash
-23 643
-20 424
-16 064
-14 553

Estimated living cost  is ₴15139 per week

₴10097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13002
-₴35180
-₴14124
-₴13576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
559
communal

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

-
-
-
134
social contributions
-
-
-
2 265
total
-
-
-
2 958
Employee

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

30 733
-
3 487
-
communal

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

1 603
-
182
-
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.

1 444
-
164
-
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.

2 305
-
262
-
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.

267
-
30
-
national
9 449
-
757
-
total
15 068
-
1 395
-
Employer

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

30 733
-
3 487
-
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.

400
-
46
-
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.

448
-
51
-
surtax
3 485
-
395
-
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.

2 723
-
309
-
health

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

1 890
-
214
-
total
8 946
-
1 015
-
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.

-
918
-
-
total
-
918
-
-
Income
4 500
4 500
4 500
4 500
Total tax
24 014
1 836
2 410
2 958
After tax
-19 514
2 664
2 090
1 542
Living cost
15 666
15 666
15 666
15 666
Free-cash
-35 180
-13 002
-13 576
-14 124

Estimated living cost  is ₴15666 per week

₴10091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₴12418
-₴23705
-₴14117
-₴16503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
83
income
-
-
-
329
pensions
-
-
-
2 615
other
-
-
-
9
unemployment
-
-
-
64
total
-
-
-
3 100
Employee
21 387
-
-
-
other
21
-
15
-
income
4 513
-
-
-
pensions
1 005
-
674
-
unemployment
332
-
223
-
total
5 871
-
912
-
Employer
21 387
-
-
-
accident
423
-
284
-
other
170
-
115
-
unemployment
1 177
-
789
-
pensions
5 047
-
3 386
-
total
6 817
-
4 574
-
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
-
726
-
-
total
-
726
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 688
1 401
5 486
3 100
After tax
-8 188
3 099
-986
1 400
Living cost
15 517
15 517
15 517
15 517
Free-cash
-23 705
-12 418
-16 503
-14 117

Estimated living cost  is ₴15517 per week

₴11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1101
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.
₴2766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴20270
-₴31925
-₴23837
-₴23839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
184
income
-
-
-
-
pensions
-
-
-
3 271
health
-
-
-
1 533
surtax
-
-
-
-
communal
-
-
-
-
total
-
-
-
4 988
Employee
32 537
-
2 056
-
health
1 448
-
910
-
surtax
1 994
-
-
-
income
3 143
-
-
-
pensions
2 603
-
1 636
-
total
9 188
-
2 546
-
Employer
32 537
-
2 056
-
accident
293
-
184
-
pensions
2 603
-
1 636
-
health
992
-
624
-
total
3 888
-
2 444
-
Corporate
-
4 500
-
-
surtax
-
47
-
-
communal
-
-
-
-
income
-
675
-
-
total
-
722
-
-
Dividends
-
3 778
-
-
income
-
132
-
-
withholding
-
567
-
-
total
-
699
-
-
Income
4 500
4 500
4 500
4 500
Total tax
13 076
1 421
4 990
4 988
After tax
-8 576
3 079
-490
-488
Living cost
23 349
23 349
23 349
23 349
Free-cash
-31 925
-20 270
-23 839
-23 837

Estimated living cost  is ₴23349 per week

₴17515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
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.
₴4171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6820
-₴13014
-₴7372
-₴7757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
569
pensions
-
-
-
1 147
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
408
surtax
-
-
-
-
total
-
-
-
2 222
Employee
14 469
-
3 293
-
other
-
-
-
-
health
369
-
146
-
surtax
51
-
-
-
income
2 426
-
473
-
pensions
965
-
382
-
unemployment
1 007
-
399
-
total
4 818
-
1 400
-
Employer
14 469
-
3 293
-
other
-
-
-
-
unemployment
459
-
182
-
pensions
1 929
-
764
-
health
658
-
261
-
total
3 046
-
1 207
-
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
7 864
1 670
2 607
2 222
After tax
-3 364
2 830
1 893
2 278
Living cost
9 650
9 650
9 650
9 650
Free-cash
-13 014
-6 820
-7 757
-7 372

Estimated living cost  is ₴9650 per week

₴5826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9208
-₴19334
-₴10706
-₴11473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
municipal
-
-
-
9
regional
-
-
-
24
national
-
-
-
269
social contributions
-
-
-
3 330
total
-
-
-
3 632
Employee
23 833
-
4 500
-
social contributions
8 037
-
4 365
-
regional
321
-
2
-
municipal
126
-
1
-
national
3 776
-
31
-
total
12 260
-
4 399
-
Employer
23 833
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
223
-
-
total
-
1 303
-
-
Dividends
-
3 196
-
-
withholding
-
831
-
-
total
-
831
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 260
2 134
4 399
3 632
After tax
-7 760
2 366
101
868
Living cost
11 574
11 574
11 574
11 574
Free-cash
-19 334
-9 208
-11 473
-10 706

Estimated living cost  is ₴11574 per week

₴7198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9563
-₴20450
-₴10469
-₴10377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
387
health
-
-
-
607
solidarity contribution
-
-
-
-
social contributions
-
-
-
1 314
total
-
-
-
2 308
Employee
18 619
-
3 358
-
social contributions
1 210
-
218
-
health
2 514
-
453
-
solidarity contribution
-
-
-
-
income
2 234
-
403
-
total
5 958
-
1 074
-
Employer
18 619
-
3 358
-
social contributions
4 655
-
840
-
health
1 676
-
302
-
total
6 331
-
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
12 289
1 402
2 216
2 308
After tax
-7 789
3 098
2 284
2 192
Living cost
12 661
12 661
12 661
12 661
Free-cash
-20 450
-9 563
-10 377
-10 469

Estimated living cost  is ₴12661 per week

₴9415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18907
-₴20092
-₴13036
-₴14549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
18
income
-
-
-
-
pensions
-
-
-
832
unemployment
-
-
-
2 635
health
-
-
-
344
surtax
-
-
-
-
total
-
-
-
3 829
Employee
18 781
17 122
17 122
-
other
188
171
43
-
health
726
663
166
-
income
1 673
1 263
2 011
-
pensions
1 923
1 753
439
-
unemployment
563
514
129
-
total
5 073
4 364
2 788
-
Employer
18 781
17 122
17 122
-
accident
244
223
31
-
other
892
813
704
-
chamber of commerce
75
68
68
-
unemployment
563
514
129
-
surtax
-
-
-
-
pensions
2 357
2 149
538
-
payroll
563
514
514
-
health
710
647
162
-
total
5 404
4 928
2 146
-
Corporate
1 631
1 631
1 631
-
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.

408
408
408
-
total
408
408
408
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 885
9 700
5 342
3 829
After tax
-6 385
-5 200
-842
671
Living cost
13 707
13 707
13 707
13 707
Free-cash
-20 092
-18 907
-14 549
-13 036

Estimated living cost  is ₴13707 per week

₴8223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1791
-₴3083
-₴1611
-₴2466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
4 500
microenterprise

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

-
-
-
45
total
-
-
-
45
Employee
7 582
-
4 500
-
income
1 517
-
900
-
total
1 517
-
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
1 517
225
900
45
After tax
2 983
4 275
3 600
4 455
Living cost
6 066
6 066
6 066
6 066
Free-cash
-3 083
-1 791
-2 466
-1 611

Estimated living cost  is ₴6066 per week

₴4105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8426
-₴17456
-₴8813
-₴8976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
517
pensions
-
-
-
822
unemployment
-
-
-
7
health
-
-
-
443
total
-
-
-
1 789
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.

18 999
-
3 893
-
health
1 227
-
252
-
income
3 276
-
485
-
pensions
2 945
-
603
-
unemployment
27
-
6
-
total
7 475
-
1 346
-
Employer

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

18 999
-
3 893
-
unemployment
11
-
2
-
pensions
1 681
-
345
-
health
1 265
-
259
-
total
2 957
-
606
-
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
10 432
1 402
1 952
1 789
After tax
-5 932
3 098
2 548
2 711
Living cost
11 524
11 524
11 524
11 524
Free-cash
-17 456
-8 426
-8 976
-8 813

Estimated living cost  is ₴11524 per week

₴7909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴739
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.
₴2654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15896
-₴59892
-₴15524
-₴19815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
877
social contributions
-
-
-
513
total
-
-
-
1 390
Employee
26 719
-
-
-
social contributions
2 191
-
312
-
income
5 894
-
-
-
total
8 085
-
312
-
Employer
26 719
-
-
-
social contributions
37 673
-
5 369
-
total
37 673
-
5 369
-
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
45 758
1 762
5 681
1 390
After tax
-41 258
2 738
-1 181
3 110
Living cost
18 634
18 634
18 634
18 634
Free-cash
-59 892
-15 896
-19 815
-15 524

Estimated living cost  is ₴18634 per week

₴12090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Source of data for Oslo model

Close
Lisbon , Portugal
-₴10918
-₴19954
-₴10804
-₴10710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
263
surtax
-
-
-
-
social contributions

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

-
-
-
1 564
total
-
-
-
1 827
Employee
19 761
-
3 637
-
social contributions
2 174
-
400
-
surtax
-
-
-
-
income
4 110
-
470
-
total
6 284
-
870
-
Employer
19 761
-
3 637
-
social contributions
4 693
-
863
-
total
4 693
-
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
10 977
1 941
1 733
1 827
After tax
-6 477
2 559
2 767
2 673
Living cost
13 477
13 477
13 477
13 477
Free-cash
-19 954
-10 918
-10 710
-10 804

Estimated living cost  is ₴13477 per week

₴10083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18485
-₴30815
-₴18480
-₴17808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
1 847
other
-
-
-
139
health
-
-
-
114
surtax
-
-
-
-
social contributions
-
-
-
128
total
-
-
-
2 228
Employee
26 910
-
3 429
-
social contributions
766
-
98
-
surtax
-
-
-
-
income
2 348
-
-
-
pensions
3 044
-
387
-
total
6 158
-
485
-
Employer
26 910
-
3 429
-
other
929
-
118
-
social contributions
81
-
11
-
unemployment
1 090
-
139
-
pensions
4 422
-
563
-
health
1 883
-
240
-
total
8 405
-
1 071
-
Corporate
-
4 500
-
-
surtax
-
-
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
558
-
-
withholding
-
415
-
-
total
-
973
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 563
2 233
1 556
2 228
After tax
-10 063
2 267
2 944
2 272
Living cost
20 752
20 752
20 752
20 752
Free-cash
-30 815
-18 485
-17 808
-18 480

Estimated living cost  is ₴20752 per week

₴14044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
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.
₴4725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8865
-₴11454
-₴9405
-₴9271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
13 813
-
3 896
-
income
-
-
-
-
social contributions
898
-
253
-
total
898
-
253
-
Employer
13 813
-
3 896
-
social contributions
2 141
-
603
-
total
2 141
-
603
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 039
450
856
990
After tax
1 461
4 050
3 644
3 510
Living cost
12 915
12 915
12 915
12 915
Free-cash
-11 454
-8 865
-9 271
-9 405

Estimated living cost  is ₴12915 per week

₴8351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴89111
-₴89111
-₴16894
-₴89111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
municipal
-
-
-
-
pensions
-
-
-
372
national
-
-
-
-
labour market
-
-
-
330
total
-
-
-
702
Employee
87 336
87 336
87 336
-
labour market
6 977
6 977
6 977
-
national
10 670
10 670
10 670
-
municipal
18 598
18 598
18 598
-
pensions
124
124
124
-
total
36 369
36 369
36 369
-
Employer
87 336
87 336
87 336
-
labour market
6 987
6 987
6 987
-
municipal
18 627
18 627
18 627
-
pensions
248
248
248
-
national
10 688
10 688
10 688
-
total
36 550
36 550
36 550
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
72 919
72 919
72 919
702
After tax
-68 419
-68 419
-68 419
3 798
Living cost
20 692
20 692
20 692
20 692
Free-cash
-89 111
-89 111
-89 111
-16 894

Estimated living cost  is ₴20692 per week

₴14162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8927
-₴13094
-₴8045
-₴6915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
108
income
-
-
-
269
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
3 254
Employee
14 615
-
3 738
-
health
1 674
-
428
-
income
2 005
-
513
-
pensions
1 646
-
421
-
total
5 325
-
1 362
-
Employer
14 615
-
3 738
-
accident
244
-
62
-
unemployment
358
-
92
-
pensions
2 376
-
608
-
total
2 978
-
762
-
Corporate
-
4 500
-
-
income

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

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
86
-
-
total
-
86
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 303
4 136
2 124
3 254
After tax
-3 803
364
2 376
1 246
Living cost
9 291
9 291
9 291
9 291
Free-cash
-13 094
-8 927
-6 915
-8 045

Estimated living cost  is ₴9291 per week

₴6763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13382
-₴22371
-₴12806
-₴13646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
810
health
-
-
-
-
national
-
-
-
-
total
-
-
-
810
Employee
22 605
-
3 785
-
health
169
-
-
-
municipal
3 702
-
625
-
pensions
1 526
-
255
-
unemployment
339
-
57
-
national
373
-
-
-
total
6 109
-
937
-
Employer
22 605
-
3 785
-
accident
23
-
4
-
unemployment
147
-
24
-
pensions
3 922
-
656
-
health
174
-
29
-
total
4 266
-
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
10 375
1 386
1 650
810
After tax
-5 875
3 114
2 850
3 690
Living cost
16 496
16 496
16 496
16 496
Free-cash
-22 371
-13 382
-13 646
-12 806

Estimated living cost  is ₴16496 per week

₴10775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15164
-₴12077
-₴8413
-₴11408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 333
income
-
-
-
-
health
-
-
-
417
social contributions
-
-
-
2 548
total
-
-
-
2 965
Employee
33 038
33 038
33 038
-
social contributions
1 249
2 742
925
-
health
256
562
189
-
income
3 597
3 058
3 715
-
total
5 102
6 362
4 829
-
Employer
33 038
33 038
33 038
-
social contributions
1 249
2 742
925
-
health
278
612
206
-
total
1 527
3 354
1 131
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 629
9 716
5 960
2 965
After tax
-2 129
-5 216
-1 460
1 535
Living cost
9 948
9 948
9 948
9 948
Free-cash
-12 077
-15 164
-11 408
-8 413

Estimated living cost  is ₴9948 per week

₴5962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3096
-₴6377
-₴6640
-₴5065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18
pensions
-
-
-
2 733
unemployment
-
-
-
12
health
-
-
-
1 555
total
-
-
-
4 318
Employee

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

9 862
-
3 729
-
health
838
-
636
-
income
674
-
174
-
pensions
1 479
-
1 123
-
unemployment
49
-
38
-
total
3 040
-
1 971
-
Employer

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

9 862
-
3 729
-
unemployment
49
-
38
-
pensions
542
-
412
-
health
424
-
322
-
total
1 015
-
772
-
Corporate
-
4 500
-
-
income
-
405
-
-
total
-
405
-
-
Dividends
-
4 095
-
-
withholding
-
369
-
-
total
-
369
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 055
774
2 743
4 318
After tax
445
3 726
1 757
182
Living cost
6 822
6 822
6 822
6 822
Free-cash
-6 377
-3 096
-5 065
-6 640

Estimated living cost  is ₴6822 per week

₴4352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8716
-₴16451
-₴10415
-₴12801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
83
income
-
-
-
329
pensions
-
-
-
2 615
other
-
-
-
9
unemployment
-
-
-
64
total
-
-
-
3 100
Employee
15 887
-
-
-
other
15
-
15
-
income
3 063
-
-
-
pensions
747
-
674
-
unemployment
246
-
223
-
total
4 071
-
912
-
Employer
15 887
-
-
-
accident
315
-
284
-
other
127
-
115
-
unemployment
874
-
789
-
pensions
3 749
-
3 386
-
total
5 065
-
4 574
-
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
-
726
-
-
total
-
726
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 136
1 401
5 486
3 100
After tax
-4 636
3 099
-986
1 400
Living cost
11 815
11 815
11 815
11 815
Free-cash
-16 451
-8 716
-12 801
-10 415

Estimated living cost  is ₴11815 per week

₴7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1631
₴1438
₴1058
₴1124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
785
pensions
-
-
-
858
health
-
-
-
622
total
-
-
-
2 265
Employee
1 792
-
3 673
-
health
90
-
184
-
income
347
-
821
-
pensions
161
-
331
-
unemployment
18
-
37
-
total
616
-
1 373
-
Employer
1 792
-
3 673
-
unemployment
36
-
73
-
pensions
197
-
404
-
health
170
-
349
-
total
403
-
826
-
Corporate
2 304
4 500
-
-
income
507
990
-
-
total
507
990
-
-
Dividends
1 797
3 510
-
-
withholding
359
702
-
-
total
359
702
-
-
Income
4 500
4 500
4 500
4 500
Total tax
1 885
1 692
2 199
2 265
After tax
2 615
2 808
2 301
2 235
Living cost
1 177
1 177
1 177
1 177
Free-cash
1 438
1 631
1 124
1 058

Estimated living cost  is ₴1177 per week

₴699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4179
-₴8709
-₴4782
-₴4552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
152
pensions
-
-
-
1 170
unemployment
-
-
-
67
health
-
-
-
463
total
-
-
-
1 852
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.

11 204
-
3 817
-
health
577
-
197
-
income
1 544
-
178
-
pensions
1 569
-
534
-
unemployment
84
-
29
-
total
3 774
-
938
-
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.

11 204
-
3 817
-
unemployment
84
-
29
-
pensions
1 344
-
458
-
health
577
-
197
-
total
2 005
-
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
5 779
1 249
1 622
1 852
After tax
-1 279
3 251
2 878
2 648
Living cost
7 430
7 430
7 430
7 430
Free-cash
-8 709
-4 179
-4 552
-4 782

Estimated living cost  is ₴7430 per week

₴5003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴575
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.
₴1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9024
-₴16136
-₴8910
-₴8816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
263
surtax
-
-
-
-
social contributions

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

-
-
-
1 564
total
-
-
-
1 827
Employee
16 676
-
3 637
-
social contributions
1 835
-
400
-
surtax
-
-
-
-
income
3 258
-
470
-
total
5 093
-
870
-
Employer
16 676
-
3 637
-
social contributions
3 960
-
863
-
total
3 960
-
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
9 053
1 941
1 733
1 827
After tax
-4 553
2 559
2 767
2 673
Living cost
11 583
11 583
11 583
11 583
Free-cash
-16 136
-9 024
-8 816
-8 910

Estimated living cost  is ₴11583 per week

₴8204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴12001
-₴22865
-₴13700
-₴16086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
83
income
-
-
-
329
pensions
-
-
-
2 615
other
-
-
-
9
unemployment
-
-
-
64
total
-
-
-
3 100
Employee
20 750
-
-
-
other
20
-
15
-
income
4 334
-
-
-
pensions
975
-
674
-
unemployment
321
-
223
-
total
5 650
-
912
-
Employer
20 750
-
-
-
accident
411
-
284
-
other
166
-
115
-
unemployment
1 141
-
789
-
pensions
4 897
-
3 386
-
total
6 615
-
4 574
-
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
-
726
-
-
total
-
726
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 265
1 401
5 486
3 100
After tax
-7 765
3 099
-986
1 400
Living cost
15 100
15 100
15 100
15 100
Free-cash
-22 865
-12 001
-16 086
-13 700

Estimated living cost  is ₴15100 per week

₴10844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3543
-₴7206
-₴4767
-₴4549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
675
pensions

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

-
-
-
666
unemployment
-
-
-
18
health
-
-
-
518
total
-
-
-
1 877
Employee
9 786
-
3 762
-
health
450
-
173
-
accident

We are using the highest rate at 1.1%.

108
-
41
-
income
979
-
376
-
pensions

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

859
-
330
-
total
2 396
-
920
-
Employer
9 786
-
3 762
-
accident

We are using the highest rate at 1.1%.

108
-
41
-
unemployment
59
-
23
-
pensions

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

1 078
-
415
-
health
675
-
260
-
total
1 920
-
739
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
withholding
-
203
-
-
total
-
203
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 316
653
1 659
1 877
After tax
184
3 847
2 841
2 623
Living cost
7 390
7 390
7 390
7 390
Free-cash
-7 206
-3 543
-4 549
-4 767

Estimated living cost  is ₴7390 per week

₴4888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
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.
₴1903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14156
-₴16878
-₴15023
-₴15023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
2 935
surtax

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

-
-
-
-
total
-
-
-
2 935
Employee

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

21 378
-
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.

2 935
-
2 935
-
surtax

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

97
-
-
-
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.

1 758
-
-
-
total
4 790
-
2 935
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
38
-
-
income
-
675
-
-
trade
-
646
-
-
chamber of commerce
-
72
-
-
total
-
1 431
-
-
Dividends
-
3 070
-
-
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.

-
33
-
-
withholding
-
604
-
-
total
-
637
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 790
2 068
2 935
2 935
After tax
-290
2 432
1 565
1 565
Living cost
16 588
16 588
16 588
16 588
Free-cash
-16 878
-14 156
-15 023
-15 023

Estimated living cost  is ₴16588 per week

₴11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1785
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.
₴3120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴21326
-₴29109
-₴19975
-₴19975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-17
social contributions
-
-
-
17
total
-
-
-
-
Employee
33 608
-
4 500
-
income
6 342
-
-17
-
social contributions
2 792
-
17
-
total
9 134
-
-
-
Employer
33 608
-
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
9 134
1 351
-
-
After tax
-4 634
3 149
4 500
4 500
Living cost
24 475
24 475
24 475
24 475
Free-cash
-29 109
-21 326
-19 975
-19 975

Estimated living cost  is ₴24475 per week

₴18620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13954
-₴18468
-₴26206
-₴12590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 230
health

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

-
-
-
2 879
total
-
-
-
15 109
Employee
19 710
-
3 753
-
income
2 139
-
-
-
social contributions
1 975
-
747
-
total
4 114
-
747
-
Employer
19 710
-
3 753
-
social contributions
1 975
-
747
-
total
1 975
-
747
-
Corporate
-
4 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
2 925
-
-
social contributions
1 283
1 283
-
-
total
1 283
1 283
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 372
2 858
1 494
15 109
After tax
-2 872
1 642
3 006
-10 609
Living cost
15 596
15 596
15 596
15 596
Free-cash
-18 468
-13 954
-12 590
-26 206

Estimated living cost  is ₴15596 per week

₴10273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴12570
-₴20009
-₴12342
-₴12409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
21 882
-
4 416
-
health
285
-
-
-
income
3 985
-
883
-
pensions
1 670
-
-
-
total
5 940
-
883
-
Employer
21 882
-
4 416
-
pensions
2 211
-
-
-
health
416
-
84
-
total
2 627
-
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
8 567
1 128
967
900
After tax
-4 067
3 372
3 533
3 600
Living cost
15 942
15 942
15 942
15 942
Free-cash
-20 009
-12 570
-12 409
-12 342

Estimated living cost  is ₴15942 per week

₴10936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴9847
-₴14836
-₴8965
-₴7835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
108
income
-
-
-
269
pensions
-
-
-
1 783
other
-
-
-
159
health
-
-
-
935
total
-
-
-
3 254
Employee
16 062
-
3 738
-
health
1 839
-
428
-
income
2 204
-
513
-
pensions
1 809
-
421
-
total
5 852
-
1 362
-
Employer
16 062
-
3 738
-
accident
268
-
62
-
unemployment
393
-
92
-
pensions
2 612
-
608
-
total
3 273
-
762
-
Corporate
-
4 500
-
-
income

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

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
86
-
-
total
-
86
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 125
4 136
2 124
3 254
After tax
-4 625
364
2 376
1 246
Living cost
10 211
10 211
10 211
10 211
Free-cash
-14 836
-9 847
-7 835
-8 965

Estimated living cost  is ₴10211 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1978
-₴4783
-₴2990
-₴2990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
22
health insurance
-
-
-
333
income
-
-
-
450
pensions
-
-
-
828
unemployment
-
-
-
54
total
-
-
-
1 687
Employee

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

9 285
-
4 500
-
work injury
46
-
22
-
income
928
-
450
-
pensions
1 708
-
828
-
health insurance
687
-
333
-
unemployment
111
-
54
-
total
3 480
-
1 687
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
4 500
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 480
675
1 687
1 687
After tax
1 020
3 825
2 813
2 813
Living cost
5 803
5 803
5 803
5 803
Free-cash
-4 783
-1 978
-2 990
-2 990

Estimated living cost  is ₴5803 per week

₴3595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14745
-₴31705
-₴16246
-₴17015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
municipal
-
-
-
11
regional
-
-
-
20
national
-
-
-
269
social contributions
-
-
-
3 330
total
-
-
-
3 630
Employee
36 205
-
4 500
-
social contributions
12 208
-
4 365
-
regional
547
-
2
-
municipal
216
-
1
-
national
6 118
-
31
-
total
19 089
-
4 399
-
Employer
36 205
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
217
-
-
total
-
1 297
-
-
Dividends
-
3 203
-
-
withholding
-
832
-
-
total
-
832
-
-
Income
4 500
4 500
4 500
4 500
Total tax
19 089
2 129
4 399
3 630
After tax
-14 589
2 371
101
870
Living cost
17 116
17 116
17 116
17 116
Free-cash
-31 705
-14 745
-17 015
-16 246

Estimated living cost  is ₴17116 per week

₴12023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

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

Estimated living cost

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

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