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
-₴12665
-₴13970
-₴13970
-₴14531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
3 399
trade
-
-
-
-
total
-
-
-
3 399
Employee

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

19 032
-
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.

29
-
-
-
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.

532
-
-
-
health

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

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

3 399
-
3 399
-
total
3 960
-
3 399
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
surtax

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

-
37
-
-
chamber of commerce
-
82
-
-
trade
-
709
-
-
total
-
1 503
-
-
Dividends
-
2 997
-
-
surtax

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

-
31
-
-
withholding
-
560
-
-
total
-
591
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 960
2 094
3 399
3 399
After tax
540
2 406
1 101
1 101
Living cost
15 071
15 071
15 071
15 071
Free-cash
-14 531
-12 665
-13 970
-13 970

Estimated living cost  is ₴15071 per week

₴9480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴23689
-₴22506
-₴22585
-₴40303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
social contributions
-
-
-
48
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
540
total
-
-
-
588
Employee
41 075
-
3 890
-
municipal
5 073
-
-
-
pensions
1 643
-
156
-
national
7 862
-
-
-
total
14 578
-
156
-
Employer
41 075
-
3 890
-
pensions
3 286
-
311
-
social contributions
442
-
42
-
total
3 728
-
353
-
Corporate
-
4 500
-
-
income

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

-
900
-
-
total
-
900
-
-
Dividends
-
3 600
-
-
withholding
-
792
-
-
total
-
792
-
-
Income
4 500
4 500
4 500
4 500
Total tax
18 306
1 692
509
588
After tax
-13 806
2 808
3 991
3 912
Living cost
26 497
26 497
26 497
26 497
Free-cash
-40 303
-23 689
-22 506
-22 585

Estimated living cost  is ₴26497 per week

₴18009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴6752
-₴8120
-₴8094
-₴13542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 567
microenterprise
-
-
-
675
total
-
-
-
2 242
Employee
14 540
-
3 326
-
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.

1 600
-
536
-
income
2 588
-
558
-
total
4 188
-
1 094
-
Employer
14 540
-
3 326
-
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.

3 502
-
1 174
-
surtax
-
-
-
-
total
3 502
-
1 174
-
Corporate
-
4 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

-
900
-
-
total
-
900
-
-
Dividends

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

-
3 600
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 690
900
2 268
2 242
After tax
-3 190
3 600
2 232
2 258
Living cost
10 352
10 352
10 352
10 352
Free-cash
-13 542
-6 752
-8 120
-8 094

Estimated living cost  is ₴10352 per week

₴6604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴42119
-₴44912
-₴18251
-₴44912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
691
pensions
-
-
-
810
total
-
-
-
1 906
Employee
42 492
42 492
42 492
-
pensions
7 649
5 830
7 649
-
income

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

6 955
6 955
6 955
-
health
6 522
5 548
6 522
-
total
21 126
18 333
21 126
-
Employer
42 492
42 492
42 492
-
health
2 954
2 954
2 954
-
pensions
2 957
2 957
2 957
-
unemployment
1 530
1 530
1 530
-
total
7 441
7 441
7 441
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
28 567
25 774
28 567
1 906
After tax
-24 067
-21 274
-24 067
2 594
Living cost
20 845
20 845
20 845
20 845
Free-cash
-44 912
-42 119
-44 912
-18 251

Estimated living cost  is ₴20845 per week

₴14772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴17411
-₴17465
-₴17625
-₴32705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
9
other
-
-
-
523
unemployment
-
-
-
5
health
-
-
-
281
municipal
-
-
-
953
national
-
-
-
-
pensions
-
-
-
486
total
-
-
-
2 257
Employee
28 310
-
3 424
-
municipal
8 442
-
1 021
-
national
-
-
-
-
total
8 442
-
1 021
-
Employer
28 310
-
3 424
-
health
1 741
-
211
-
pensions
3 060
-
370
-
accident
57
-
7
-
unemployment
747
-
90
-
other
3 290
-
398
-
total
8 895
-
1 076
-
Corporate
-
4 500
-
-
income
-
990
-
-
total
-
990
-
-
Dividends
-
3 510
-
-
withholding
-
1 053
-
-
total
-
1 053
-
-
Income
4 500
4 500
4 500
4 500
Total tax
17 337
2 043
2 097
2 257
After tax
-12 837
2 457
2 403
2 243
Living cost
19 868
19 868
19 868
19 868
Free-cash
-32 705
-17 411
-17 465
-17 625

Estimated living cost  is ₴19868 per week

₴13168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₴17163
-₴18446
-₴18446
-₴20733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
3 399
trade
-
-
-
-
total
-
-
-
3 399
Employee

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

25 234
-
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.

119
-
-
-
income

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

2 168
-
-
-
health

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

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

3 399
-
3 399
-
total
5 686
-
3 399
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
surtax

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

-
37
-
-
chamber of commerce
-
82
-
-
trade
-
740
-
-
total
-
1 534
-
-
Dividends
-
2 966
-
-
surtax

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

-
30
-
-
withholding
-
552
-
-
total
-
582
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 686
2 116
3 399
3 399
After tax
-1 186
2 384
1 101
1 101
Living cost
19 547
19 547
19 547
19 547
Free-cash
-20 733
-17 163
-18 446
-18 446

Estimated living cost  is ₴19547 per week

₴13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2061
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴22892
-₴18541
-₴15073
-₴20171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
18 916
income
-
-
-
-
social contributions
-
-
-
2 951
health
-
-
-
483
total
-
-
-
3 434
Employee
38 262
38 262
38 262
-
social contributions
1 859
3 176
1 071
-
income
4 018
3 542
4 302
-
health
381
651
219
-
total
6 258
7 369
5 592
-
Employer
38 262
38 262
38 262
-
health
415
708
239
-
social contributions
1 859
3 176
1 071
-
total
2 274
3 884
1 310
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 532
11 253
6 902
3 434
After tax
-4 032
-6 753
-2 402
1 066
Living cost
16 139
16 139
16 139
16 139
Free-cash
-20 171
-22 892
-18 541
-15 073

Estimated living cost  is ₴16139 per week

₴11033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴7006
-₴6588
-₴5812
-₴10904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
67
health
-
-
-
315
pensions
-
-
-
450
total
-
-
-
1 382
Employee

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

The minimum wage is 138,000 HUF per month.

12 891
5 130
5 130
-
unemployment
193
77
59
-
pensions
1 289
513
394
-
income
1 576
627
660
-
health
902
359
276
-
total
3 960
1 576
1 389
-
Employer

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

The minimum wage is 138,000 HUF per month.

12 891
5 130
5 130
-
pensions
2 514
1 000
769
-
total
2 514
1 000
769
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 474
2 576
2 158
1 382
After tax
-1 974
1 924
2 342
3 118
Living cost
8 930
8 930
8 930
8 930
Free-cash
-10 904
-7 006
-6 588
-5 812

Estimated living cost  is ₴8930 per week

₴6094
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.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8419
-₴9638
-₴9389
-₴14387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
737
pensions
-
-
-
1 133
total
-
-
-
1 870
Employee
14 116
-
2 585
-
unemployment
226
-
91
-
pensions
282
-
113
-
income
1 589
-
-
-
total
2 097
-
204
-
Employer
14 116
-
2 585
-
health
1 835
-
737
-
pensions
2 823
-
1 133
-
unemployment
113
-
45
-
total
4 771
-
1 915
-
Corporate
-
4 500
-
-
income
-
900
-
-
total
-
900
-
-
Dividends
-
3 600
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 868
900
2 119
1 870
After tax
-2 368
3 600
2 381
2 630
Living cost
12 019
12 019
12 019
12 019
Free-cash
-14 387
-8 419
-9 638
-9 389

Estimated living cost  is ₴12019 per week

₴8243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10749
-₴8737
-₴10307
-₴16546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
income
-
-
-
174
other
-
-
-
187
health
-
-
-
1 102
pensions
-
-
-
2 102
total
-
-
-
3 693
Employee
17 483
-
3 738
-
pensions
1 969
-
421
-
income
2 398
-
513
-
health
2 002
-
428
-
total
6 369
-
1 362
-
Employer
17 483
-
3 738
-
pensions
2 843
-
608
-
accident
292
-
62
-
unemployment
428
-
91
-
total
3 563
-
761
-
Corporate
-
4 500
-
-
income

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

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
85
-
-
total
-
85
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 932
4 135
2 123
3 693
After tax
-5 432
365
2 377
807
Living cost
11 114
11 114
11 114
11 114
Free-cash
-16 546
-10 749
-8 737
-10 307

Estimated living cost  is ₴11114 per week

₴8146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴257
-₴418
₴437
-₴522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
4 500
microenterprise

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

-
-
-
45
total
-
-
-
45
Employee
5 022
-
4 500
-
income
1 004
-
900
-
total
1 004
-
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
1 004
225
900
45
After tax
3 496
4 275
3 600
4 455
Living cost
4 018
4 018
4 018
4 018
Free-cash
-522
257
-418
437

Estimated living cost  is ₴4018 per week

₴2490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9953
-₴10672
-₴11065
-₴18119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
515
other
-
-
-
257
health
-
-
-
238
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.

-
-
-
1 296
total
-
-
-
2 306
Employee
18 067
-
3 524
-
unemployment
180
-
35
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 264
-
246
-
income
3 110
-
607
-
health
253
-
49
-
total
4 807
-
937
-
Employer
18 067
-
3 524
-
health
253
-
49
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

3 072
-
599
-
accident
144
-
28
-
unemployment
180
-
35
-
other
904
-
265
-
total
4 553
-
976
-
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
9 360
1 194
1 913
2 306
After tax
-4 860
3 306
2 587
2 194
Living cost
13 259
13 259
13 259
13 259
Free-cash
-18 119
-9 953
-10 672
-11 065

Estimated living cost  is ₴13259 per week

₴9368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
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.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴29925
-₴29764
-₴29697
-₴49067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
income
-
-
-
900
pensions
-
-
-
-
total
-
-
-
900
Employee
47 110
-
4 416
-
pensions
4 545
-
-
-
income
8 492
-
883
-
health
776
-
-
-
total
13 813
-
883
-
Employer
47 110
-
4 416
-
health
895
-
84
-
pensions
5 562
-
-
-
total
6 457
-
84
-
Corporate
-
4 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
273
-
-
total
-
273
-
-
Income
4 500
4 500
4 500
4 500
Total tax
20 270
1 128
967
900
After tax
-15 770
3 372
3 533
3 600
Living cost
33 297
33 297
33 297
33 297
Free-cash
-49 067
-29 925
-29 764
-29 697

Estimated living cost  is ₴33297 per week

₴24950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴2674
-₴3682
-₴3897
-₴5829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
18
health
-
-
-
517
pensions

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

-
-
-
666
total
-
-
-
1 876
Employee
8 635
-
3 762
-
accident

We are using the highest rate at 1.1%.

95
-
42
-
pensions

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

758
-
330
-
income
863
-
376
-
health
397
-
173
-
total
2 113
-
921
-
Employer
8 635
-
3 762
-
health
596
-
260
-
pensions

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

952
-
415
-
accident

We are using the highest rate at 1.1%.

95
-
42
-
unemployment
52
-
23
-
total
1 695
-
740
-
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
3 808
653
1 661
1 876
After tax
692
3 847
2 839
2 624
Living cost
6 521
6 521
6 521
6 521
Free-cash
-5 829
-2 674
-3 682
-3 897

Estimated living cost  is ₴6521 per week

₴3807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴48866
-₴51659
-₴24998
-₴49709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
691
pensions
-
-
-
810
total
-
-
-
1 906
Employee
46 132
42 492
42 492
-
pensions
5 830
5 830
7 649
-
income

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

6 955
6 955
6 955
-
health
5 755
5 548
6 522
-
total
18 540
18 333
21 126
-
Employer
46 132
42 492
42 492
-
health
3 206
2 954
2 954
-
pensions
3 210
2 957
2 957
-
unemployment
1 661
1 530
1 530
-
total
8 077
7 441
7 441
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
26 617
25 774
28 567
1 906
After tax
-22 117
-21 274
-24 067
2 594
Living cost
27 592
27 592
27 592
27 592
Free-cash
-49 709
-48 866
-51 659
-24 998

Estimated living cost  is ₴27592 per week

₴20354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴9111
-₴9925
-₴10018
-₴19560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
1 314
solidarity contribution
-
-
-
-
health
-
-
-
608
total
-
-
-
2 309
Employee
17 955
-
3 358
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
218
-
income
2 155
-
403
-
health
2 424
-
453
-
total
5 746
-
1 074
-
Employer
17 955
-
3 358
-
health
1 616
-
302
-
social contributions
4 489
-
840
-
total
6 105
-
1 142
-
Corporate
-
4 500
-
-
income
-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
547
-
-
total
-
547
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 851
1 402
2 216
2 309
After tax
-7 351
3 098
2 284
2 191
Living cost
12 209
12 209
12 209
12 209
Free-cash
-19 560
-9 111
-9 925
-10 018

Estimated living cost  is ₴12209 per week

₴8481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18595
-₴21552
-₴20513
-₴39722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
social contributions
-
-
-
3 856
regional
-
-
-
8
municipal
-
-
-
5
national
-
-
-
148
total
-
-
-
4 017
Employee
44 222
-
4 500
-
municipal
234
-
-
-
national
7 663
-
-
-
regional
417
-
-
-
social contributions
14 912
-
5 056
-
total
23 226
-
5 056
-
Employer
44 222
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
municipal
-
176
-
-
nationa
-
1 080
-
-
total
-
1 256
-
-
Dividends
-
3 244
-
-
withholding
-
843
-
-
total
-
843
-
-
Income
4 500
4 500
4 500
4 500
Total tax
23 226
2 099
5 056
4 017
After tax
-18 726
2 401
-556
483
Living cost
20 996
20 996
20 996
20 996
Free-cash
-39 722
-18 595
-21 552
-20 513

Estimated living cost  is ₴20996 per week

₴14636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8150
-₴9358
-₴8911
-₴15418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
517
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
113
health
-
-
-
472
pensions
-
-
-
1 329
total
-
-
-
2 431
Employee
16 455
-
3 102
-
other
-
-
-
-
unemployment
1 145
-
462
-
pensions
1 097
-
443
-
surtax
54
-
-
-
income
2 758
-
406
-
health
420
-
169
-
total
5 474
-
1 480
-
Employer
16 455
-
3 102
-
health
749
-
302
-
pensions
2 194
-
885
-
unemployment
521
-
211
-
other
-
-
-
-
total
3 464
-
1 398
-
Corporate
-
4 500
-
-
income
-
1 170
-
-
total
-
1 170
-
-
Dividends
-
3 330
-
-
withholding
-
500
-
-
total
-
500
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 938
1 670
2 878
2 431
After tax
-4 438
2 830
1 622
2 069
Living cost
10 980
10 980
10 980
10 980
Free-cash
-15 418
-8 150
-9 358
-8 911

Estimated living cost  is ₴10980 per week

₴6714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
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.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴19375
-₴19214
-₴19147
-₴31089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
31 572
-
4 416
-
pensions
2 680
-
-
-
income
5 686
-
883
-
health
458
-
-
-
total
8 824
-
883
-
Employer
31 572
-
4 416
-
health
600
-
84
-
pensions
3 418
-
-
-
total
4 018
-
84
-
Corporate
-
4 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
273
-
-
total
-
273
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 842
1 128
967
900
After tax
-8 342
3 372
3 533
3 600
Living cost
22 747
22 747
22 747
22 747
Free-cash
-31 089
-19 375
-19 214
-19 147

Estimated living cost  is ₴22747 per week

₴17042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴37261
-₴36999
-₴35497
-₴45898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
other

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

-
-
-
90
regional
-
-
-
-
health
-
-
-
128
city
-
-
-
46
national
-
-
-
-
pensions
-
-
-
414
total
-
-
-
678
Employee
46 013
-
3 353
-
unemployment
-
-
-
-
pensions
3 866
-
1 036
-
national
218
-
-
-
regional
1 507
-
-
-
city
494
-
27
-
health
104
-
7
-
total
6 189
-
1 070
-
Employer
46 013
-
3 353
-
health
104
-
7
-
pensions
3 866
-
1 036
-
unemployment
-
-
-
-
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.

920
-
67
-
total
4 890
-
1 110
-
Corporate
-
4 500
-
-
regional
-
951
-
-
national
-
383
-
-
total
-
1 334
-
-
Dividends
-
3 166
-
-
withholding
-
1 108
-
-
total
-
1 108
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 079
2 442
2 180
678
After tax
-6 579
2 058
2 320
3 822
Living cost
39 319
39 319
39 319
39 319
Free-cash
-45 898
-37 261
-36 999
-35 497

Estimated living cost  is ₴39319 per week

₴25568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴20435
-₴21694
-₴21694
-₴25404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
3 399
trade
-
-
-
-
total
-
-
-
3 399
Employee

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

29 904
-
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.

194
-
-
-
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.

3 516
-
-
-
health

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

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

3 399
-
3 399
-
total
7 109
-
3 399
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
surtax

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

-
37
-
-
chamber of commerce
-
82
-
-
trade
-
771
-
-
total
-
1 565
-
-
Dividends
-
2 934
-
-
surtax

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

-
30
-
-
withholding
-
545
-
-
total
-
575
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 109
2 140
3 399
3 399
After tax
-2 609
2 360
1 101
1 101
Living cost
22 795
22 795
22 795
22 795
Free-cash
-25 404
-20 435
-21 694
-21 694

Estimated living cost  is ₴22795 per week

₴16648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14756
-₴14081
-₴14877
-₴23446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
140
surtax
-
-
-
-
social contributions
-
-
-
127
health
-
-
-
132
pensions
-
-
-
1 954
total
-
-
-
2 353
Employee
21 296
-
3 429
-
pensions
2 408
-
388
-
surtax
-
-
-
-
social contributions
607
-
98
-
income
1 257
-
-
-
total
4 272
-
486
-
Employer
21 296
-
3 429
-
health
1 491
-
240
-
pensions
3 498
-
564
-
unemployment
862
-
139
-
social contributions
64
-
10
-
other
735
-
118
-
total
6 650
-
1 071
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
557
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 922
2 232
1 557
2 353
After tax
-6 422
2 268
2 943
2 147
Living cost
17 024
17 024
17 024
17 024
Free-cash
-23 446
-14 756
-14 081
-14 877

Estimated living cost  is ₴17024 per week

₴10734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13069
-₴12394
-₴13190
-₴20446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
140
surtax
-
-
-
-
social contributions
-
-
-
127
health
-
-
-
132
pensions
-
-
-
1 954
total
-
-
-
2 353
Employee
19 010
-
3 429
-
pensions
2 150
-
388
-
surtax
-
-
-
-
social contributions
542
-
98
-
income
980
-
-
-
total
3 672
-
486
-
Employer
19 010
-
3 429
-
health
1 330
-
240
-
pensions
3 124
-
564
-
unemployment
770
-
139
-
social contributions
57
-
10
-
other
656
-
118
-
total
5 937
-
1 071
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
557
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 609
2 232
1 557
2 353
After tax
-5 109
2 268
2 943
2 147
Living cost
15 337
15 337
15 337
15 337
Free-cash
-20 446
-13 069
-12 394
-13 190

Estimated living cost  is ₴15337 per week

₴8895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8224
-₴7578
-₴8033
-₴13678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
868
health
-
-
-
439
total
-
-
-
1 982
Employee
16 871
-
4 500
-
social contributions
2 329
-
868
-
income
2 814
-
220
-
health
1 177
-
439
-
total
6 320
-
1 527
-
Employer
16 871
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
income

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

-
225
-
-
total
-
225
-
-
Dividends
-
4 275
-
-
social contributions
868
868
-
-
withholding
-
641
-
-
health
439
439
-
-
total
1 307
1 948
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 627
2 173
1 527
1 982
After tax
-3 127
2 327
2 973
2 518
Living cost
10 551
10 551
10 551
10 551
Free-cash
-13 678
-8 224
-7 578
-8 033

Estimated living cost  is ₴10551 per week

₴7061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
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.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₴24364
-₴19306
-₴17499
-₴28093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
18
health
-
-
-
380
pensions
-
-
-
918
total
-
-
-
4 466
Employee
24 867
19 830
19 830
-
other
248
198
50
-
unemployment
746
595
149
-
pensions
2 547
2 030
508
-
income
2 831
1 463
2 329
-
health
962
768
192
-
total
7 334
5 054
3 228
-
Employer
24 867
19 830
19 830
-
chamber of commerce
99
79
79
-
health
940
750
188
-
pensions
3 121
2 489
623
-
accident
323
258
25
-
unemployment
746
595
149
-
surtax
98
98
98
-
payroll
746
595
595
-
other
1 181
941
816
-
total
7 254
5 805
2 573
-
Corporate
1 889
1 889
1 889
-
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.

472
472
472
-
total
472
472
472
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
15 060
11 331
6 273
4 466
After tax
-10 560
-6 831
-1 773
34
Living cost
17 533
17 533
17 533
17 533
Free-cash
-28 093
-24 364
-19 306
-17 499

Estimated living cost  is ₴17533 per week

₴11694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₴15454
-₴16051
-₴16847
-₴41454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
112
social contributions
-
-
-
2 623
national
-
-
-
469
total
-
-
-
3 204
Employee

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

35 593
-
3 486
-
unemployment

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

310
-
30
-
communal

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

1 856
-
182
-
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.

2 669
-
262
-
national
10 943
-
757
-
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.

1 672
-
163
-
total
17 450
-
1 394
-
Employer

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

35 593
-
3 486
-
health

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

2 189
-
214
-
pensions

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

3 154
-
309
-
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.

463
-
45
-
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.

519
-
51
-
surtax
4 036
-
395
-
total
10 361
-
1 014
-
Corporate
-
4 500
-
-
income
-
900
-
-
surtax
-
18
-
-
total
-
918
-
-
Dividends
-
3 582
-
-
withholding

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

-
893
-
-
total
-
893
-
-
Income
4 500
4 500
4 500
4 500
Total tax
27 811
1 811
2 408
3 204
After tax
-23 311
2 689
2 092
1 296
Living cost
18 143
18 143
18 143
18 143
Free-cash
-41 454
-15 454
-16 051
-16 847

Estimated living cost  is ₴18143 per week

₴11686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14872
-₴19824
-₴16925
-₴28164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
96
income
-
-
-
246
other
-
-
-
10
unemployment
-
-
-
75
pensions
-
-
-
3 028
total
-
-
-
3 455
Employee
24 769
-
-
-
other
25
-
17
-
unemployment
384
-
258
-
pensions
1 164
-
781
-
income
5 226
-
-
-
total
6 799
-
1 056
-
Employer
24 769
-
-
-
pensions
5 845
-
3 922
-
accident
490
-
329
-
unemployment
1 363
-
914
-
other
197
-
133
-
total
7 895
-
5 298
-
Corporate
-
4 500
-
-
income

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

-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
727
-
-
total
-
727
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 694
1 402
6 354
3 455
After tax
-10 194
3 098
-1 854
1 045
Living cost
17 970
17 970
17 970
17 970
Free-cash
-28 164
-14 872
-19 824
-16 925

Estimated living cost  is ₴17970 per week

₴13233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴23962
-₴28318
-₴28317
-₴37684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
213
income
-
-
-
-
surtax
-
-
-
-
health
-
-
-
1 775
pensions
-
-
-
3 788
total
-
-
-
5 776
Employee
37 682
-
1 670
-
pensions
3 014
-
1 894
-
surtax
2 310
-
-
-
income
3 640
-
-
-
health
1 677
-
1 054
-
total
10 641
-
2 948
-
Employer
37 682
-
1 670
-
health
1 149
-
722
-
pensions
3 014
-
1 894
-
accident
339
-
213
-
total
4 502
-
2 829
-
Corporate
-
4 500
-
-
communal
-
-
-
-
income
-
675
-
-
surtax
-
47
-
-
total
-
722
-
-
Dividends
-
3 778
-
-
income
-
132
-
-
withholding
-
567
-
-
total
-
699
-
-
Income
4 500
4 500
4 500
4 500
Total tax
15 143
1 421
5 777
5 776
After tax
-10 643
3 079
-1 277
-1 276
Living cost
27 041
27 041
27 041
27 041
Free-cash
-37 684
-23 962
-28 318
-28 317

Estimated living cost  is ₴27041 per week

₴20285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1638
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.
₴4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴8346
-₴9554
-₴9107
-₴15784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
517
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
113
health
-
-
-
472
pensions
-
-
-
1 329
total
-
-
-
2 431
Employee
16 757
-
3 102
-
other
-
-
-
-
unemployment
1 166
-
462
-
pensions
1 118
-
443
-
surtax
59
-
-
-
income
2 809
-
406
-
health
428
-
169
-
total
5 580
-
1 480
-
Employer
16 757
-
3 102
-
health
762
-
302
-
pensions
2 234
-
885
-
unemployment
532
-
211
-
other
-
-
-
-
total
3 528
-
1 398
-
Corporate
-
4 500
-
-
income
-
1 170
-
-
total
-
1 170
-
-
Dividends
-
3 330
-
-
withholding
-
500
-
-
total
-
500
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 108
1 670
2 878
2 431
After tax
-4 608
2 830
1 622
2 069
Living cost
11 176
11 176
11 176
11 176
Free-cash
-15 784
-8 346
-9 554
-9 107

Estimated living cost  is ₴11176 per week

₴6748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴11039
-₴13960
-₴12926
-₴23103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
social contributions
-
-
-
3 856
regional
-
-
-
13
municipal
-
-
-
5
national
-
-
-
148
total
-
-
-
4 022
Employee
27 602
-
4 500
-
municipal
146
-
-
-
national
4 373
-
-
-
regional
372
-
-
-
social contributions
9 308
-
5 056
-
total
14 199
-
5 056
-
Employer
27 602
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
municipal
-
224
-
-
nationa
-
1 080
-
-
total
-
1 304
-
-
Dividends
-
3 196
-
-
withholding
-
831
-
-
total
-
831
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 199
2 135
5 056
4 022
After tax
-9 699
2 365
-556
478
Living cost
13 404
13 404
13 404
13 404
Free-cash
-23 103
-11 039
-13 960
-12 926

Estimated living cost  is ₴13404 per week

₴8336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴11947
-₴12761
-₴12854
-₴25147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
1 314
solidarity contribution
-
-
-
-
health
-
-
-
608
total
-
-
-
2 309
Employee
22 125
-
3 358
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
218
-
income
2 655
-
403
-
health
2 987
-
453
-
total
7 080
-
1 074
-
Employer
22 125
-
3 358
-
health
1 991
-
302
-
social contributions
5 531
-
840
-
total
7 522
-
1 142
-
Corporate
-
4 500
-
-
income
-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
547
-
-
total
-
547
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 602
1 402
2 216
2 309
After tax
-10 102
3 098
2 284
2 191
Living cost
15 045
15 045
15 045
15 045
Free-cash
-25 147
-11 947
-12 761
-12 854

Estimated living cost  is ₴15045 per week

₴11188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴22608
-₴17551
-₴15743
-₴23981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
18
health
-
-
-
380
pensions
-
-
-
918
total
-
-
-
4 368
Employee
21 751
19 830
19 830
-
other
217
198
50
-
unemployment
652
595
149
-
pensions
2 228
2 030
508
-
income
1 938
1 463
2 329
-
health
841
768
192
-
total
5 876
5 054
3 228
-
Employer
21 751
19 830
19 830
-
chamber of commerce
87
79
79
-
health
822
750
188
-
pensions
2 730
2 489
623
-
accident
282
258
26
-
unemployment
652
595
149
-
surtax
-
-
-
-
payroll
652
595
595
-
other
1 033
941
816
-
total
6 258
5 707
2 476
-
Corporate
1 889
1 889
1 889
-
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.

472
472
472
-
total
472
472
472
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 606
11 233
6 176
4 368
After tax
-8 106
-6 733
-1 676
132
Living cost
15 875
15 875
15 875
15 875
Free-cash
-23 981
-22 608
-17 551
-15 743

Estimated living cost  is ₴15875 per week

₴9523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1986
-₴2661
-₴1806
-₴3326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 826
-
4 500
-
income
1 565
-
900
-
total
1 565
-
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
1 565
225
900
45
After tax
2 935
4 275
3 600
4 455
Living cost
6 261
6 261
6 261
6 261
Free-cash
-3 326
-1 986
-2 661
-1 806

Estimated living cost  is ₴6261 per week

₴4237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
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.
₴1551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10248
-₴10798
-₴10635
-₴20928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
7
health
-
-
-
443
pensions
-
-
-
822
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.

22 003
-
3 894
-
unemployment
31
-
6
-
pensions
3 411
-
603
-
income
3 794
-
485
-
health
1 421
-
251
-
total
8 657
-
1 345
-
Employer

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

22 003
-
3 894
-
health
1 465
-
260
-
pensions
1 947
-
345
-
unemployment
13
-
2
-
total
3 425
-
607
-
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
12 082
1 402
1 952
1 789
After tax
-7 582
3 098
2 548
2 711
Living cost
13 346
13 346
13 346
13 346
Free-cash
-20 928
-10 248
-10 798
-10 635

Estimated living cost  is ₴13346 per week

₴9159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18621
-₴23371
-₴18249
-₴69309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 626
-
-
-
social contributions
2 511
-
358
-
income
6 756
-
-
-
total
9 267
-
358
-
Employer
30 626
-
-
-
social contributions
43 183
-
6 154
-
total
43 183
-
6 154
-
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
52 450
1 762
6 512
1 390
After tax
-47 950
2 738
-2 012
3 110
Living cost
21 359
21 359
21 359
21 359
Free-cash
-69 309
-18 621
-23 371
-18 249

Estimated living cost  is ₴21359 per week

₴13859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴13048
-₴12841
-₴12935
-₴23820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
22 885
-
3 636
-
surtax
-
-
-
-
social contributions
2 517
-
400
-
income
4 760
-
469
-
total
7 277
-
869
-
Employer
22 885
-
3 636
-
social contributions
5 435
-
864
-
total
5 435
-
864
-
Corporate
-
4 500
-
-
income
-
945
-
-
surtax
-
-
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
995
-
-
total
-
995
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 712
1 940
1 733
1 827
After tax
-8 212
2 560
2 767
2 673
Living cost
15 608
15 608
15 608
15 608
Free-cash
-23 820
-13 048
-12 841
-12 935

Estimated living cost  is ₴15608 per week

₴11678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴21765
-₴21090
-₴21886
-₴36398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
140
surtax
-
-
-
-
social contributions
-
-
-
127
health
-
-
-
132
pensions
-
-
-
1 954
total
-
-
-
2 353
Employee
31 165
-
3 429
-
pensions
3 525
-
388
-
surtax
-
-
-
-
social contributions
888
-
98
-
income
2 719
-
-
-
total
7 132
-
486
-
Employer
31 165
-
3 429
-
health
2 181
-
240
-
pensions
5 121
-
564
-
unemployment
1 262
-
139
-
social contributions
93
-
10
-
other
1 076
-
118
-
total
9 733
-
1 071
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
surtax
-
-
-
-
social contributions
-
557
-
-
withholding
-
415
-
-
total
-
972
-
-
Income
4 500
4 500
4 500
4 500
Total tax
16 865
2 232
1 557
2 353
After tax
-12 365
2 268
2 943
2 147
Living cost
24 033
24 033
24 033
24 033
Free-cash
-36 398
-21 765
-21 090
-21 886

Estimated living cost  is ₴24033 per week

₴16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10907
-₴11314
-₴11448
-₴13977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
991
total
-
-
-
991
Employee
15 997
-
3 896
-
income
-
-
-
-
social contributions
1 040
-
253
-
total
1 040
-
253
-
Employer
15 997
-
3 896
-
social contributions
2 480
-
604
-
total
2 480
-
604
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 520
450
857
991
After tax
980
4 050
3 643
3 509
Living cost
14 957
14 957
14 957
14 957
Free-cash
-13 977
-10 907
-11 314
-11 448

Estimated living cost  is ₴14957 per week

₴9671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴103904
-₴103904
-₴20218
-₴103904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
labour market
-
-
-
325
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
431
total
-
-
-
756
Employee
101 137
101 137
101 137
-
municipal
21 536
21 536
21 536
-
labour market
8 079
8 079
8 079
-
pensions
144
144
144
-
national
12 356
12 356
12 356
-
total
42 115
42 115
42 115
-
Employer
101 137
101 137
101 137
-
national
12 377
12 377
12 377
-
labour market
8 091
8 091
8 091
-
pensions
288
288
288
-
municipal
21 571
21 571
21 571
-
total
42 327
42 327
42 327
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
84 442
84 442
84 442
756
After tax
-79 942
-79 942
-79 942
3 744
Living cost
23 962
23 962
23 962
23 962
Free-cash
-103 904
-103 904
-103 904
-20 218

Estimated living cost  is ₴23962 per week

₴16400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10585
-₴8573
-₴10143
-₴16236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
income
-
-
-
174
other
-
-
-
187
health
-
-
-
1 102
pensions
-
-
-
2 102
total
-
-
-
3 693
Employee
17 225
-
3 738
-
pensions
1 940
-
421
-
income
2 363
-
513
-
health
1 972
-
428
-
total
6 275
-
1 362
-
Employer
17 225
-
3 738
-
pensions
2 801
-
608
-
accident
288
-
62
-
unemployment
422
-
91
-
total
3 511
-
761
-
Corporate
-
4 500
-
-
income

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

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
85
-
-
total
-
85
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 786
4 135
2 123
3 693
After tax
-5 286
365
2 377
807
Living cost
10 950
10 950
10 950
10 950
Free-cash
-16 236
-10 585
-8 573
-10 143

Estimated living cost  is ₴10950 per week

₴7970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
-₴15990
-₴16256
-₴15414
-₴26618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
4 500
health
-
-
-
-
municipal
-
-
-
810
national
-
-
-
-
total
-
-
-
810
Employee
26 179
-
3 785
-
municipal
4 288
-
625
-
unemployment
393
-
57
-
pensions
1 767
-
256
-
national
432
-
-
-
health
195
-
-
-
total
7 075
-
938
-
Employer
26 179
-
3 785
-
health
201
-
29
-
pensions
4 542
-
656
-
accident
26
-
4
-
unemployment
170
-
25
-
total
4 939
-
714
-
Corporate
-
4 500
-
-
income
-
900
-
-
total
-
900
-
-
Dividends

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

-
2 700
-
-
municipal
-
486
-
-
national
-
-
-
-
total
-
486
-
-
Income
4 500
4 500
4 500
4 500
Total tax
12 014
1 386
1 652
810
After tax
-7 514
3 114
2 848
3 690
Living cost
19 104
19 104
19 104
19 104
Free-cash
-26 618
-15 990
-16 256
-15 414

Estimated living cost  is ₴19104 per week

₴12478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴18273
-₴13922
-₴10454
-₴14698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
18 916
income
-
-
-
-
social contributions
-
-
-
2 951
health
-
-
-
483
total
-
-
-
3 434
Employee
38 262
38 262
38 262
-
social contributions
1 447
3 176
1 071
-
income
4 166
3 542
4 302
-
health
296
651
219
-
total
5 909
7 369
5 592
-
Employer
38 262
38 262
38 262
-
health
322
708
239
-
social contributions
1 447
3 176
1 071
-
total
1 769
3 884
1 310
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 678
11 253
6 902
3 434
After tax
-3 178
-6 753
-2 402
1 066
Living cost
11 520
11 520
11 520
11 520
Free-cash
-14 698
-18 273
-13 922
-10 454

Estimated living cost  is ₴11520 per week

₴6904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4173
-₴6510
-₴8380
-₴8098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 165
total
-
-
-
4 980
Employee

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

11 421
-
3 607
-
unemployment
57
-
43
-
pensions
1 713
-
1 300
-
income
781
-
137
-
health
971
-
737
-
total
3 522
-
2 217
-
Employer

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

11 421
-
3 607
-
health
491
-
373
-
pensions
628
-
477
-
unemployment
57
-
43
-
total
1 176
-
893
-
Corporate
-
4 500
-
-
income
-
405
-
-
total
-
405
-
-
Dividends
-
4 095
-
-
withholding
-
368
-
-
total
-
368
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 698
773
3 110
4 980
After tax
-198
3 727
1 390
-480
Living cost
7 900
7 900
7 900
7 900
Free-cash
-8 098
-4 173
-6 510
-8 380

Estimated living cost  is ₴7900 per week

₴5040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10585
-₴15537
-₴12638
-₴19763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
96
income
-
-
-
246
other
-
-
-
10
unemployment
-
-
-
75
pensions
-
-
-
3 028
total
-
-
-
3 455
Employee
18 399
-
-
-
other
18
-
17
-
unemployment
285
-
258
-
pensions
865
-
781
-
income
3 547
-
-
-
total
4 715
-
1 056
-
Employer
18 399
-
-
-
pensions
4 342
-
3 922
-
accident
364
-
329
-
unemployment
1 012
-
914
-
other
147
-
133
-
total
5 865
-
5 298
-
Corporate
-
4 500
-
-
income

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

-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
727
-
-
total
-
727
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 580
1 402
6 354
3 455
After tax
-6 080
3 098
-1 854
1 045
Living cost
13 683
13 683
13 683
13 683
Free-cash
-19 763
-10 585
-15 537
-12 638

Estimated living cost  is ₴13683 per week

₴9236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴1798
₴1252
₴1322
₴1633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
897
health
-
-
-
534
pensions
-
-
-
737
total
-
-
-
2 168
Employee
1 538
-
3 673
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
298
-
860
-
health
77
-
184
-
total
528
-
1 412
-
Employer
1 538
-
3 673
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
73
-
total
346
-
826
-
Corporate
2 616
4 500
-
-
income
575
990
-
-
total
575
990
-
-
Dividends
2 040
3 510
-
-
withholding
408
702
-
-
total
408
702
-
-
Income
4 500
4 500
4 500
4 500
Total tax
1 857
1 692
2 238
2 168
After tax
2 643
2 808
2 262
2 332
Living cost
1 010
1 010
1 010
1 010
Free-cash
1 633
1 798
1 252
1 322

Estimated living cost  is ₴1010 per week

₴600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴5357
-₴5710
-₴5941
-₴10802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
unemployment
-
-
-
68
health
-
-
-
463
pensions
-
-
-
1 170
total
-
-
-
1 833
Employee

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

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

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

12 980
-
3 817
-
unemployment
97
-
29
-
pensions
1 817
-
534
-
income
1 789
-
158
-
health
668
-
197
-
total
4 371
-
918
-
Employer

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

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

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

12 980
-
3 817
-
health
668
-
197
-
pensions
1 558
-
458
-
unemployment
97
-
29
-
total
2 323
-
684
-
Corporate
-
4 500
-
-
income
-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
574
-
-
total
-
574
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 694
1 249
1 602
1 833
After tax
-2 194
3 251
2 898
2 667
Living cost
8 608
8 608
8 608
8 608
Free-cash
-10 802
-5 357
-5 710
-5 941

Estimated living cost  is ₴8608 per week

₴5796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴10855
-₴10648
-₴10742
-₴19400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
19 312
-
3 636
-
surtax
-
-
-
-
social contributions
2 125
-
400
-
income
3 774
-
469
-
total
5 899
-
869
-
Employer
19 312
-
3 636
-
social contributions
4 586
-
864
-
total
4 586
-
864
-
Corporate
-
4 500
-
-
income
-
945
-
-
surtax
-
-
-
-
total
-
945
-
-
Dividends
-
3 555
-
-
withholding
-
995
-
-
total
-
995
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 485
1 940
1 733
1 827
After tax
-5 985
2 560
2 767
2 673
Living cost
13 415
13 415
13 415
13 415
Free-cash
-19 400
-10 855
-10 648
-10 742

Estimated living cost  is ₴13415 per week

₴9501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴14389
-₴19341
-₴16442
-₴27193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
accident
-
-
-
96
income
-
-
-
246
other
-
-
-
10
unemployment
-
-
-
75
pensions
-
-
-
3 028
total
-
-
-
3 455
Employee
24 031
-
-
-
other
24
-
17
-
unemployment
372
-
258
-
pensions
1 129
-
781
-
income
5 019
-
-
-
total
6 544
-
1 056
-
Employer
24 031
-
-
-
pensions
5 671
-
3 922
-
accident
476
-
329
-
unemployment
1 322
-
914
-
other
193
-
133
-
total
7 662
-
5 298
-
Corporate
-
4 500
-
-
income

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

-
675
-
-
total
-
675
-
-
Dividends
-
3 825
-
-
withholding
-
727
-
-
total
-
727
-
-
Income
4 500
4 500
4 500
4 500
Total tax
14 206
1 402
6 354
3 455
After tax
-9 706
3 098
-1 854
1 045
Living cost
17 487
17 487
17 487
17 487
Free-cash
-27 193
-14 389
-19 341
-16 442

Estimated living cost  is ₴17487 per week

₴12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴4709
-₴5717
-₴5932
-₴9053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
18
health
-
-
-
517
pensions

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

-
-
-
666
total
-
-
-
1 876
Employee
11 330
-
3 762
-
accident

We are using the highest rate at 1.1%.

125
-
42
-
pensions

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

995
-
330
-
income
1 133
-
376
-
health
521
-
173
-
total
2 774
-
921
-
Employer
11 330
-
3 762
-
health
782
-
260
-
pensions

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

1 248
-
415
-
accident

We are using the highest rate at 1.1%.

125
-
42
-
unemployment
68
-
23
-
total
2 223
-
740
-
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
4 997
653
1 661
1 876
After tax
-497
3 847
2 839
2 624
Living cost
8 556
8 556
8 556
8 556
Free-cash
-9 053
-4 709
-5 717
-5 932

Estimated living cost  is ₴8556 per week

₴5659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴16758
-₴18109
-₴18109
-₴20257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
3 399
trade
-
-
-
-
total
-
-
-
3 399
Employee

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

24 758
-
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.

112
-
-
-
income

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

2 036
-
-
-
health

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

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

3 399
-
3 399
-
total
5 547
-
3 399
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
675
-
-
surtax

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

-
37
-
-
chamber of commerce
-
82
-
-
trade
-
646
-
-
total
-
1 440
-
-
Dividends
-
3 060
-
-
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
-
576
-
-
total
-
608
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 547
2 048
3 399
3 399
After tax
-1 047
2 452
1 101
1 101
Living cost
19 210
19 210
19 210
19 210
Free-cash
-20 257
-16 758
-18 109
-18 109

Estimated living cost  is ₴19210 per week

₴13252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴25196
-₴23845
-₴23845
-₴34423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
38 922
-
4 500
-
income
7 344
-
-
-
social contributions
3 234
-
-
-
total
10 578
-
-
-
Employer
38 922
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
563
-
-
total
-
563
-
-
Dividends
-
3 937
-
-
withholding
-
788
-
-
total
-
788
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 578
1 351
-
-
After tax
-6 078
3 149
4 500
4 500
Living cost
28 345
28 345
28 345
28 345
Free-cash
-34 423
-25 196
-23 845
-23 845

Estimated living cost  is ₴28345 per week

₴21564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴16622
-₴15292
-₴30748
-₴22098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
4 500
income
-
-
-
14 164
health

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

-
-
-
3 022
total
-
-
-
17 186
Employee
22 826
-
3 635
-
income
2 477
-
-
-
social contributions
2 287
-
865
-
total
4 764
-
865
-
Employer
22 826
-
3 635
-
social contributions
2 287
-
865
-
total
2 287
-
865
-
Corporate
-
4 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
2 925
-
-
social contributions
1 485
1 485
-
-
total
1 485
1 485
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 536
3 060
1 730
17 186
After tax
-4 036
1 440
2 770
-12 686
Living cost
18 062
18 062
18 062
18 062
Free-cash
-22 098
-16 622
-15 292
-30 748

Estimated living cost  is ₴18062 per week

₴11898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴15121
-₴14960
-₴14893
-₴23931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
income
-
-
-
900
pensions
-
-
-
-
total
-
-
-
900
Employee
25 384
-
4 416
-
pensions
1 937
-
-
-
income
4 623
-
883
-
health
331
-
-
-
total
6 891
-
883
-
Employer
25 384
-
4 416
-
health
482
-
84
-
pensions
2 565
-
-
-
total
3 047
-
84
-
Corporate
-
4 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
273
-
-
total
-
273
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 938
1 128
967
900
After tax
-5 438
3 372
3 533
3 600
Living cost
18 493
18 493
18 493
18 493
Free-cash
-23 931
-15 121
-14 960
-14 893

Estimated living cost  is ₴18493 per week

₴12686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴11669
-₴9657
-₴11227
-₴18288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
income
-
-
-
174
other
-
-
-
187
health
-
-
-
1 102
pensions
-
-
-
2 102
total
-
-
-
3 693
Employee
18 930
-
3 738
-
pensions
2 132
-
421
-
income
2 597
-
513
-
health
2 167
-
428
-
total
6 896
-
1 362
-
Employer
18 930
-
3 738
-
pensions
3 078
-
608
-
accident
316
-
62
-
unemployment
464
-
91
-
total
3 858
-
761
-
Corporate
-
4 500
-
-
income

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

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
450
-
-
withholding
-
85
-
-
total
-
85
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 754
4 135
2 123
3 693
After tax
-6 254
365
2 377
807
Living cost
12 034
12 034
12 034
12 034
Free-cash
-18 288
-11 669
-9 657
-11 227

Estimated living cost  is ₴12034 per week

₴8832
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.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴2898
-₴3910
-₴3910
-₴6257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

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

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

10 757
-
4 500
-
health insurance
796
-
333
-
unemployment
129
-
54
-
work injury
54
-
22
-
pensions
1 979
-
828
-
income
1 076
-
450
-
total
4 034
-
1 687
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
4 500
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 034
675
1 687
1 687
After tax
466
3 825
2 813
2 813
Living cost
6 723
6 723
6 723
6 723
Free-cash
-6 257
-2 898
-3 910
-3 910

Estimated living cost  is ₴6723 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴17453
-₴20379
-₴19344
-₴37430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
social contributions
-
-
-
3 856
regional
-
-
-
11
municipal
-
-
-
6
national
-
-
-
148
total
-
-
-
4 021
Employee
41 930
-
4 500
-
municipal
250
-
-
-
national
7 086
-
-
-
regional
633
-
-
-
social contributions
14 138
-
5 056
-
total
22 107
-
5 056
-
Employer
41 930
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
municipal
-
217
-
-
nationa
-
1 080
-
-
total
-
1 297
-
-
Dividends
-
3 203
-
-
withholding
-
833
-
-
total
-
833
-
-
Income
4 500
4 500
4 500
4 500
Total tax
22 107
2 130
5 056
4 021
After tax
-17 607
2 370
-556
479
Living cost
19 823
19 823
19 823
19 823
Free-cash
-37 430
-17 453
-20 379
-19 344

Estimated living cost  is ₴19823 per week

₴13924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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