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

Andorra , Andorra
-₴6957
-₴8430
-₴6824
-₴6417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
social contributions
-
-
-
990
income
-
-
-
-
total
-
-
-
990
Employee
11 195
-
3 896
-
social contributions
728
-
253
-
income
-
-
-
-
total
728
-
253
-
Employer
11 195
-
3 896
-
social contributions
1 735
-
604
-
total
1 735
-
604
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
2 463
450
857
990
After tax
2 037
4 050
3 643
3 510
Living cost
10 467
10 467
10 467
10 467
Free-cash
-8 430
-6 417
-6 824
-6 957

Estimated living cost  is ₴10467 per week

₴6768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Graz , Austria
-₴9941
-₴15435
-₴10977
-₴14471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
unemployment
-
-
-
2 136
health
-
-
-
344
chamber of commerce
-
-
-
18
pensions
-
-
-
833
income
-
-
-
-
total
-
-
-
3 331
Employee
15 222
13 877
13 877
-
unemployment
457
416
104
-
other
152
139
35
-
income
1 356
1 024
1 630
-
pensions
1 559
1 421
356
-
health
589
537
134
-
total
4 113
3 537
2 259
-
Employer
15 222
13 877
13 877
-
pensions
1 910
1 742
436
-
surtax
-
-
-
-
payroll
457
416
416
-
other
723
659
571
-
health
576
525
132
-
accident
198
180
36
-
unemployment
457
416
104
-
chamber of commerce
61
56
56
-
total
4 382
3 994
1 751
-
Corporate
1 322
1 322
1 428
-
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.

330
330
357
-
total
330
330
357
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
8 825
7 861
4 367
3 331
After tax
-4 325
-3 361
133
1 169
Living cost
11 110
11 110
11 110
11 110
Free-cash
-15 435
-14 471
-10 977
-9 941

Estimated living cost  is ₴11110 per week

₴6664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Vienna , Austria
-₴11170
-₴18309
-₴12188
-₴15700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
69
unemployment
-
-
-
2 136
health
-
-
-
344
chamber of commerce
-
-
-
18
pensions
-
-
-
833
income
-
-
-
-
total
-
-
-
3 400
Employee
17 403
13 877
13 877
-
unemployment
522
416
104
-
other
174
139
35
-
income
1 981
1 024
1 630
-
pensions
1 782
1 421
356
-
health
673
537
134
-
total
5 132
3 537
2 259
-
Employer
17 403
13 877
13 877
-
pensions
2 184
1 742
436
-
surtax
69
69
69
-
payroll
522
416
416
-
other
827
659
571
-
health
658
525
132
-
accident
226
180
35
-
unemployment
522
416
104
-
chamber of commerce
69
56
56
-
total
5 077
4 063
1 819
-
Corporate
1 322
1 322
1 360
-
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.

330
330
340
-
total
330
330
340
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
10 539
7 930
4 418
3 400
After tax
-6 039
-3 430
82
1 100
Living cost
12 270
12 270
12 270
12 270
Free-cash
-18 309
-15 700
-12 188
-11 170

Estimated living cost  is ₴12270 per week

₴8184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴10859
-₴27659
-₴10607
-₴10063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
national
-
-
-
666
communal

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

-
-
-
160
social contributions
-
-
-
1 836
total
-
-
-
2 662
Employee

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

24 909
-
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.

217
-
30
-
national
7 658
-
757
-
communal

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

1 299
-
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.

1 868
-
262
-
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.

1 170
-
164
-
total
12 212
-
1 395
-
Employer

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

24 909
-
3 486
-
surtax
2 824
-
395
-
pensions

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

2 207
-
309
-
health

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

1 532
-
214
-
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.

324
-
46
-
unemployment

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

363
-
51
-
total
7 250
-
1 015
-
Corporate
-
4 500
-
-
income
-
900
-
-
surtax
-
18
-
-
total
-
918
-
-
Dividends
-
3 582
-
-
withholding

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

-
948
-
-
total
-
948
-
-
Income
4 500
4 500
4 500
4 500
Total tax
19 462
1 866
2 410
2 662
After tax
-14 962
2 634
2 090
1 838
Living cost
12 697
12 697
12 697
12 697
Free-cash
-27 659
-10 063
-10 607
-10 859

Estimated living cost  is ₴12697 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Sofia , Bulgaria
-₴3357
-₴4973
-₴3139
-₴2133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
income
-
-
-
675
total
-
-
-
1 876
Employee
7 920
-
3 762
-
accident

We are using the highest rate at 1.1%.

87
-
41
-
income
792
-
376
-
pensions

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

695
-
330
-
health
364
-
173
-
total
1 938
-
920
-
Employer
7 920
-
3 762
-
pensions

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

873
-
415
-
health
546
-
259
-
accident

We are using the highest rate at 1.1%.

87
-
41
-
unemployment
48
-
23
-
total
1 554
-
738
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
withholding
-
202
-
-
total
-
202
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 492
652
1 658
1 876
After tax
1 008
3 848
2 842
2 624
Living cost
5 981
5 981
5 981
5 981
Free-cash
-4 973
-2 133
-3 139
-3 357

Estimated living cost  is ₴5981 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Varna , Bulgaria
-₴1934
-₴2720
-₴1716
-₴710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
income
-
-
-
675
total
-
-
-
1 876
Employee
6 036
-
3 762
-
accident

We are using the highest rate at 1.1%.

66
-
41
-
income
604
-
376
-
pensions

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

530
-
330
-
health
278
-
173
-
total
1 478
-
920
-
Employer
6 036
-
3 762
-
pensions

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

665
-
415
-
health
417
-
259
-
accident

We are using the highest rate at 1.1%.

66
-
41
-
unemployment
36
-
23
-
total
1 184
-
738
-
Corporate
-
4 500
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 050
-
-
withholding
-
202
-
-
total
-
202
-
-
Income
4 500
4 500
4 500
4 500
Total tax
2 662
652
1 658
1 876
After tax
1 838
3 848
2 842
2 624
Living cost
4 558
4 558
4 558
4 558
Free-cash
-2 720
-710
-1 716
-1 934

Estimated living cost  is ₴4558 per week

₴2661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Larnaca , Cyprus
-₴5965
-₴8934
-₴8391
-₴11436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 238
health
-
-
-
338
social contributions
-
-
-
2 065
income
-
-
-
-
total
-
-
-
2 403
Employee
26 777
26 777
26 777
-
income
2 916
2 479
3 011
-
social contributions
1 012
2 222
749
-
health
207
455
153
-
total
4 135
5 156
3 913
-
Employer
26 777
26 777
26 777
-
social contributions
1 012
2 222
749
-
health
225
496
167
-
total
1 237
2 718
916
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 372
7 874
4 829
2 403
After tax
-872
-3 374
-329
2 097
Living cost
8 062
8 062
8 062
8 062
Free-cash
-8 934
-11 436
-8 391
-5 965

Estimated living cost  is ₴8062 per week

₴4832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴791
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.
₴2261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Limassol , Cyprus
-₴9198
-₴12765
-₴11624
-₴14669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 238
health
-
-
-
338
social contributions
-
-
-
2 065
income
-
-
-
-
total
-
-
-
2 403
Employee
26 777
26 777
26 777
-
income
2 812
2 479
3 011
-
social contributions
1 301
2 222
749
-
health
266
455
153
-
total
4 379
5 156
3 913
-
Employer
26 777
26 777
26 777
-
social contributions
1 301
2 222
749
-
health
290
496
167
-
total
1 591
2 718
916
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 970
7 874
4 829
2 403
After tax
-1 470
-3 374
-329
2 097
Living cost
11 295
11 295
11 295
11 295
Free-cash
-12 765
-14 669
-11 624
-9 198

Estimated living cost  is ₴11295 per week

₴7721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Brno , Czech Republic
-₴5876
-₴11397
-₴5783
-₴4969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
health
-
-
-
608
social contributions
-
-
-
1 314
income
-
-
-
387
solidarity contribution
-
-
-
-
total
-
-
-
2 309
Employee
11 863
-
3 358
-
income
1 424
-
403
-
social contributions
771
-
218
-
health
1 601
-
453
-
solidarity contribution
-
-
-
-
total
3 796
-
1 074
-
Employer
11 863
-
3 358
-
social contributions
2 966
-
840
-
health
1 068
-
302
-
total
4 034
-
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
7 830
1 402
2 216
2 309
After tax
-3 330
3 098
2 284
2 191
Living cost
8 067
8 067
8 067
8 067
Free-cash
-11 397
-4 969
-5 783
-5 876

Estimated living cost  is ₴8067 per week

₴5603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Prague , Czech Republic
-₴7749
-₴15087
-₴7656
-₴6842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
health
-
-
-
608
social contributions
-
-
-
1 314
income
-
-
-
387
solidarity contribution
-
-
-
-
total
-
-
-
2 309
Employee
14 618
-
3 358
-
income
1 754
-
403
-
social contributions
950
-
218
-
health
1 973
-
453
-
solidarity contribution
-
-
-
-
total
4 677
-
1 074
-
Employer
14 618
-
3 358
-
social contributions
3 654
-
840
-
health
1 316
-
302
-
total
4 970
-
1 142
-
Corporate
-
4 500
-
-
income
-
855
-
-
total
-
855
-
-
Dividends
-
3 645
-
-
withholding
-
547
-
-
total
-
547
-
-
Income
4 500
4 500
4 500
4 500
Total tax
9 647
1 402
2 216
2 309
After tax
-5 147
3 098
2 284
2 191
Living cost
9 940
9 940
9 940
9 940
Free-cash
-15 087
-6 842
-7 656
-7 749

Estimated living cost  is ₴9940 per week

₴7392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Copenhagen , Denmark
-₴12971
-₴71586
-₴71586
-₴71586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
national
-
-
-
14
pensions
-
-
-
303
municipal
-
-
-
-
labour market
-
-
-
336
total
-
-
-
653
Employee
70 985
70 985
70 985
-
municipal
15 116
15 116
15 116
-
national
8 672
8 672
8 672
-
pensions
101
101
101
-
labour market
5 671
5 671
5 671
-
total
29 560
29 560
29 560
-
Employer
70 985
70 985
70 985
-
pensions
202
202
202
-
labour market
5 679
5 679
5 679
-
municipal
15 140
15 140
15 140
-
national
8 687
8 687
8 687
-
total
29 708
29 708
29 708
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
59 268
59 268
59 268
653
After tax
-54 768
-54 768
-54 768
3 847
Living cost
16 818
16 818
16 818
16 818
Free-cash
-71 586
-71 586
-71 586
-12 971

Estimated living cost  is ₴16818 per week

₴11511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Tallinn , Estonia
-₴5396
-₴8718
-₴5393
-₴4811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
health
-
-
-
585
pensions
-
-
-
900
income
-
-
-
-
total
-
-
-
1 485
Employee
9 879
-
3 160
-
unemployment
158
-
63
-
income
1 112
-
-
-
pensions
198
-
79
-
total
1 468
-
142
-
Employer
9 879
-
3 160
-
pensions
1 976
-
793
-
health
1 284
-
515
-
unemployment
79
-
32
-
total
3 339
-
1 340
-
Corporate
-
4 500
-
-
income
-
900
-
-
total
-
900
-
-
Dividends
-
3 600
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 807
900
1 482
1 485
After tax
-307
3 600
3 018
3 015
Living cost
8 411
8 411
8 411
8 411
Free-cash
-8 718
-4 811
-5 393
-5 396

Estimated living cost  is ₴8411 per week

₴5769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Helsinki , Finland
-₴9679
-₴17279
-₴10521
-₴10255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
health
-
-
-
-
municipal
-
-
-
810
total
-
-
-
810
Employee
18 321
-
3 786
-
unemployment
275
-
57
-
municipal
3 001
-
625
-
national
303
-
-
-
pensions
1 236
-
256
-
health
137
-
-
-
total
4 952
-
938
-
Employer
18 321
-
3 786
-
pensions
3 179
-
657
-
health
141
-
29
-
accident
19
-
4
-
unemployment
119
-
24
-
total
3 458
-
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
8 410
1 386
1 652
810
After tax
-3 910
3 114
2 848
3 690
Living cost
13 369
13 369
13 369
13 369
Free-cash
-17 279
-10 255
-10 521
-9 679

Estimated living cost  is ₴13369 per week

₴8733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1286
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.
₴3138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Marseille , France
-₴8312
-₴12958
-₴7790
-₴8466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
93
pensions
-
-
-
1 719
social contributions
-
-
-
128
income
-
-
-
-
other
-
-
-
139
total
-
-
-
2 079
Employee
13 303
-
3 429
-
income
686
-
-
-
surtax
-
-
-
-
social contributions
379
-
97
-
pensions
1 505
-
388
-
total
2 570
-
485
-
Employer
13 303
-
3 429
-
pensions
2 186
-
564
-
social contributions
40
-
11
-
other
459
-
118
-
health
931
-
240
-
unemployment
539
-
139
-
total
4 155
-
1 072
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
withholding
-
415
-
-
social contributions
-
558
-
-
surtax
-
-
-
-
total
-
973
-
-
Income
4 500
4 500
4 500
4 500
Total tax
6 725
2 233
1 557
2 079
After tax
-2 225
2 267
2 943
2 421
Living cost
10 734
10 734
10 734
10 734
Free-cash
-12 958
-8 466
-7 790
-8 312

Estimated living cost  is ₴10734 per week

₴6225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1090
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.
₴3215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Nice , France
-₴9493
-₴15057
-₴8971
-₴9647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
93
pensions
-
-
-
1 719
social contributions
-
-
-
128
income
-
-
-
-
other
-
-
-
139
total
-
-
-
2 079
Employee
14 903
-
3 429
-
income
880
-
-
-
surtax
-
-
-
-
social contributions
425
-
97
-
pensions
1 685
-
388
-
total
2 990
-
485
-
Employer
14 903
-
3 429
-
pensions
2 448
-
564
-
social contributions
45
-
11
-
other
514
-
118
-
health
1 043
-
240
-
unemployment
603
-
139
-
total
4 653
-
1 072
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
withholding
-
415
-
-
social contributions
-
558
-
-
surtax
-
-
-
-
total
-
973
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 643
2 233
1 557
2 079
After tax
-3 143
2 267
2 943
2 421
Living cost
11 914
11 914
11 914
11 914
Free-cash
-15 057
-9 647
-8 971
-9 493

Estimated living cost  is ₴11914 per week

₴7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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 Nice model

Close
Paris , France
-₴14398
-₴24122
-₴13876
-₴14552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
93
pensions
-
-
-
1 719
social contributions
-
-
-
128
income
-
-
-
-
other
-
-
-
139
total
-
-
-
2 079
Employee
21 810
-
3 429
-
income
1 903
-
-
-
surtax
-
-
-
-
social contributions
621
-
97
-
pensions
2 467
-
388
-
total
4 991
-
485
-
Employer
21 810
-
3 429
-
pensions
3 584
-
564
-
social contributions
65
-
11
-
other
753
-
118
-
health
1 526
-
240
-
unemployment
884
-
139
-
total
6 812
-
1 072
-
Corporate
-
4 500
-
-
income
-
1 260
-
-
surtax
-
-
-
-
total
-
1 260
-
-
Dividends
-
3 240
-
-
withholding
-
415
-
-
social contributions
-
558
-
-
surtax
-
-
-
-
total
-
973
-
-
Income
4 500
4 500
4 500
4 500
Total tax
11 803
2 233
1 557
2 079
After tax
-7 303
2 267
2 943
2 421
Living cost
16 819
16 819
16 819
16 819
Free-cash
-24 122
-14 552
-13 876
-14 398

Estimated living cost  is ₴16819 per week

₴11383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1376
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.
₴3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Batumi , Georgia
₴2215
₴1615
₴1360
₴2035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
2 799
-
4 500
-
income
560
-
900
-
total
560
-
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%.

1 701
4 500
-
-
total
-
-
-
-
Dividends
1 701
4 500
-
-
withholding
85
225
-
-
total
85
225
-
-
Income
4 500
4 500
4 500
4 500
Total tax
645
225
900
45
After tax
3 855
4 275
3 600
4 455
Living cost
2 240
2 240
2 240
2 240
Free-cash
1 615
2 035
1 360
2 215

Estimated living cost  is ₴2240 per week

₴1388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Tbilisi , Georgia
₴965
₴130
₴110
₴785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
4 500
microenterprise

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

-
-
-
45
total
-
-
-
45
Employee
4 362
-
4 500
-
income
873
-
900
-
total
873
-
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%.

138
4 500
-
-
total
-
-
-
-
Dividends
138
4 500
-
-
withholding
7
225
-
-
total
7
225
-
-
Income
4 500
4 500
4 500
4 500
Total tax
880
225
900
45
After tax
3 620
4 275
3 600
4 455
Living cost
3 490
3 490
3 490
3 490
Free-cash
130
785
110
965

Estimated living cost  is ₴3490 per week

₴2362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Berlin , Germany
-₴11323
-₴12827
-₴11323
-₴11034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 379
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 379
Employee

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

17 326
-
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.

1 425
-
-
-
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.

79
-
-
-
health

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

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

2 379
-
2 379
-
total
3 883
-
2 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
trade
-
646
-
-
income
-
675
-
-
chamber of commerce
-
59
-
-
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
-
-
total
-
1 417
-
-
Dividends
-
3 083
-
-
withholding
-
638
-
-
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.

-
35
-
-
total
-
673
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 883
2 090
2 379
2 379
After tax
617
2 410
2 121
2 121
Living cost
13 444
13 444
13 444
13 444
Free-cash
-12 827
-11 034
-11 323
-11 323

Estimated living cost  is ₴13444 per week

₴9274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Dresden , Germany
-₴8426
-₴8818
-₴8426
-₴8183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 379
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 379
Employee

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

13 319
-
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.

372
-
-
-
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.

20
-
-
-
health

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

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

2 379
-
2 379
-
total
2 771
-
2 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
trade
-
709
-
-
income
-
675
-
-
chamber of commerce
-
59
-
-
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
-
-
total
-
1 480
-
-
Dividends
-
3 020
-
-
withholding
-
622
-
-
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.

-
34
-
-
total
-
656
-
-
Income
4 500
4 500
4 500
4 500
Total tax
2 771
2 136
2 379
2 379
After tax
1 729
2 364
2 121
2 121
Living cost
10 547
10 547
10 547
10 547
Free-cash
-8 818
-8 183
-8 426
-8 426

Estimated living cost  is ₴10547 per week

₴6635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Hamburg , Germany
-₴11559
-₴13159
-₴11559
-₴11340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 379
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 379
Employee

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

17 659
-
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.

1 517
-
-
-
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.

83
-
-
-
health

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

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

2 379
-
2 379
-
total
3 979
-
2 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
trade
-
740
-
-
income
-
675
-
-
chamber of commerce
-
59
-
-
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
-
-
total
-
1 511
-
-
Dividends
-
2 989
-
-
withholding
-
615
-
-
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.

-
34
-
-
total
-
649
-
-
Income
4 500
4 500
4 500
4 500
Total tax
3 979
2 160
2 379
2 379
After tax
521
2 340
2 121
2 121
Living cost
13 680
13 680
13 680
13 680
Free-cash
-13 159
-11 340
-11 559
-11 559

Estimated living cost  is ₴13680 per week

₴9149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1443
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.
₴2884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Munich , Germany
-₴13831
-₴16427
-₴13831
-₴13635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 379
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 379
Employee

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

20 928
-
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.

2 461
-
-
-
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.

135
-
-
-
health

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

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

2 379
-
2 379
-
total
4 975
-
2 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
4 500
-
-
trade
-
772
-
-
income
-
675
-
-
chamber of commerce
-
59
-
-
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
-
-
total
-
1 543
-
-
Dividends
-
2 957
-
-
withholding
-
607
-
-
surtax

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

-
33
-
-
total
-
640
-
-
Income
4 500
4 500
4 500
4 500
Total tax
4 975
2 183
2 379
2 379
After tax
-475
2 317
2 121
2 121
Living cost
15 952
15 952
15 952
15 952
Free-cash
-16 427
-13 635
-13 831
-13 831

Estimated living cost  is ₴15952 per week

₴11651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

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
Athens , Greece
-₴5292
-₴9695
-₴5603
-₴4991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
unemployment
-
-
-
79
health
-
-
-
330
pensions
-
-
-
930
income
-
-
-
632
other
-
-
-
-
total
-
-
-
1 971
Employee
11 727
-
3 522
-
unemployment
816
-
323
-
other
-
-
-
-
income
1 966
-
554
-
surtax
42
-
-
-
pensions
782
-
310
-
health
299
-
118
-
total
3 905
-
1 305
-
Employer
11 727
-
3 522
-
pensions
1 564
-
619
-
other
-
-
-
-
health
533
-
211
-
unemployment
372
-
147
-
total
2 469
-
977
-
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
6 374
1 670
2 282
1 971
After tax
-1 874
2 830
2 218
2 529
Living cost
7 822
7 822
7 822
7 822
Free-cash
-9 695
-4 991
-5 603
-5 292

Estimated living cost  is ₴7822 per week

₴4722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Thessaloniki , Greece
-₴5155
-₴9440
-₴5466
-₴4854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
unemployment
-
-
-
79
health
-
-
-
330
pensions
-
-
-
930
income
-
-
-
632
other
-
-
-
-
total
-
-
-
1 971
Employee
11 516
-
3 522
-
unemployment
802
-
323
-
other
-
-
-
-
income
1 930
-
554
-
surtax
38
-
-
-
pensions
768
-
310
-
health
294
-
118
-
total
3 832
-
1 305
-
Employer
11 516
-
3 522
-
pensions
1 535
-
619
-
other
-
-
-
-
health
524
-
211
-
unemployment
365
-
147
-
total
2 424
-
977
-
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
6 256
1 670
2 282
1 971
After tax
-1 756
2 830
2 218
2 529
Living cost
7 684
7 684
7 684
7 684
Free-cash
-9 440
-4 854
-5 466
-5 155

Estimated living cost  is ₴7684 per week

₴4698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Budapest , Hungary
-₴3855
-₴7525
-₴4399
-₴4484
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

10 064
4 005
4 005
-
unemployment
151
60
56
-
income
1 230
490
496
-
pensions
1 006
401
377
-
health
704
280
264
-
total
3 091
1 231
1 193
-
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.

10 064
4 005
4 005
-
pensions
1 962
781
734
-
total
1 962
781
734
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Income
4 500
4 500
4 500
4 500
Total tax
5 053
2 012
1 927
1 383
After tax
-553
2 488
2 573
3 117
Living cost
6 972
6 972
6 972
6 972
Free-cash
-7 525
-4 484
-4 399
-3 855

Estimated living cost  is ₴6972 per week

₴4758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Reykjavik , Iceland
-₴13231
-₴24013
-₴13196
-₴14055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
national
-
-
-
170
pensions
-
-
-
540
social contributions
-
-
-
48
municipal
-
-
-
110
total
-
-
-
868
Employee
26 141
-
3 890
-
municipal
3 229
-
127
-
national
5 003
-
197
-
pensions
1 046
-
156
-
total
9 278
-
480
-
Employer
26 141
-
3 890
-
pensions
2 091
-
311
-
social contributions
281
-
42
-
total
2 372
-
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
11 650
1 692
833
868
After tax
-7 150
2 808
3 667
3 632
Living cost
16 863
16 863
16 863
16 863
Free-cash
-24 013
-14 055
-13 196
-13 231

Estimated living cost  is ₴16863 per week

₴11462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Dublin , Ireland
-₴15336
-₴22739
-₴15336
-₴16686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-48
total
-
-
-
-
Employee
27 239
-
4 500
-
social contributions
2 263
-
48
-
income
5 140
-
-48
-
total
7 403
-
-
-
Employer
27 239
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
income
-
562
-
-
total
-
562
-
-
Dividends
-
3 938
-
-
withholding
-
788
-
-
total
-
788
-
-
Income
4 500
4 500
4 500
4 500
Total tax
7 403
1 350
-
-
After tax
-2 903
3 150
4 500
4 500
Living cost
19 836
19 836
19 836
19 836
Free-cash
-22 739
-16 686
-15 336
-15 336

Estimated living cost  is ₴19836 per week

₴15091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴190
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Milan , Italy
-₴13344
-₴26449
-₴13973
-₴12294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
national
-
-
-
414
regional
-
-
-
22
social contributions
-
-
-
2 699
municipal
-
-
-
15
total
-
-
-
3 150
Employee
30 948
-
4 500
-
municipal
164
-
8
-
national
5 363
-
221
-
social contributions
10 436
-
3 538
-
regional
292
-
12
-
total
16 255
-
3 779
-
Employer
30 948
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
176
-
-
total
-
1 256
-
-
Dividends
-
3 244
-
-
withholding
-
844
-
-
total
-
844
-
-
Income
4 500
4 500
4 500
4 500
Total tax
16 255
2 100
3 779
3 150
After tax
-11 755
2 400
721
1 350
Living cost
14 694
14 694
14 694
14 694
Free-cash
-26 449
-12 294
-13 973
-13 344

Estimated living cost  is ₴14694 per week

₴10243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
Naples , Italy
-₴8044
-₴14816
-₴8667
-₴7014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
4 500
national
-
-
-
414
regional
-
-
-
36
social contributions
-
-
-
2 699
municipal
-
-
-
15
total
-
-
-
3 164
Employee
19 316
-
4 500
-
municipal
102
-
8
-
national
3 060
-
221
-
social contributions
6 514
-
3 538
-
regional
260
-
20
-
total
9 936
-
3 787
-
Employer
19 316
-
4 500
-
total
-
-
-
-
Corporate
-
4 500
-
-
nationa
-
1 080
-
-
municipal
-
223
-
-
total
-
1 303
-
-
Dividends
-
3 197
-
-
withholding
-
831