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
₴ 45000
per

Your estimated
City
free-cash

Andorra , Andorra
₴23299
₴28948
₴24494
₴30110
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
-
-
-
45 000
social contributions
-
-
-
9 900
income
-
-
-
1 411
total
-
-
-
11 311
Employee
11 112
-
38 961
-
social contributions
722
-
2 533
-
income
-
-
1 544
-
total
722
-
4 077
-
Employer
11 112
-
38 961
-
social contributions
1 723
-
6 039
-
total
1 723
-
6 039
-
Corporate
32 165
45 000
-
-
income
3 217
4 500
-
-
total
3 217
4 500
-
-
Dividends
28 948
40 500
-
-
total
-
-
-
-
Income
45 000
45 000
45 000
45 000
Total tax
5 662
4 500
10 116
11 311
After tax
39 338
40 500
34 884
33 689
Living cost
10 390
10 390
10 390
10 390
Free-cash
28 948
30 110
24 494
23 299

Estimated living cost  is ₴10390 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
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.
₴2693
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.

Graz , Austria
₴11670
₴13890
₴1293
₴14061
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
-
-
-
45 000
surtax
-
-
-
-
unemployment
-
-
-
2 120
health
-
-
-
3 089
chamber of commerce
-
-
-
180
pensions
-
-
-
7 471
income
-
-
-
9 442
total
-
-
-
22 302
Employee
15 110
13 775
34 942
-
unemployment
453
413
1 048
-
other
151
138
350
-
income
1 346
1 016
7 885
-
pensions
1 547
1 410
3 578
-
health
584
533
1 353
-
total
4 081
3 510
14 214
-
Employer
15 110
13 775
34 942
-
pensions
1 896
1 729
4 385
-
surtax
-
-
-
-
payroll
453
413
1 048
-
other
718
654
1 660
-
health
571
521
1 321
-
accident
196
179
455
-
unemployment
453
413
1 048
-
chamber of commerce
60
55
140
-
total
4 347
3 964
10 057
-
Corporate
25 542
27 261
33 631
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

6 386
6 815
8 408
-
total
6 386
6 815
8 408
-
Dividends
19 156
20 445
-
-
withholding
5 268
5 622
-
-
total
5 268
5 622
-
-
Income
45 000
45 000
45 000
45 000
Total tax
20 082
19 911
32 679
22 302
After tax
24 918
25 089
12 321
22 698
Living cost
11 028
11 028
11 028
11 028
Free-cash
13 890
14 061
1 293
11 670

Estimated living cost  is ₴11028 per week

₴6615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3090
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.

Vienna , Austria
₴10450
₴12335
₴130
₴12872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 000
surtax
-
-
-
68
unemployment
-
-
-
2 120
health
-
-
-
3 089
chamber of commerce
-
-
-
180
pensions
-
-
-
7 471
income
-
-
-
9 442
total
-
-
-
22 370
Employee
17 274
13 775
34 891
-
unemployment
518
413
1 047
-
other
173
138
349
-
income
1 967
1 016
7 867
-
pensions
1 769
1 410
3 573
-
health
668
533
1 350
-
total
5 095
3 510
14 186
-
Employer
17 274
13 775
34 891
-
pensions
2 168
1 729
4 378
-
surtax
68
68
68
-
payroll
518
413
1 047
-
other
821
654
1 657
-
health
653
521
1 319
-
accident
224
179
453
-
unemployment
518
413
1 047
-
chamber of commerce
69
55
140
-
total
5 039
4 032
10 109
-
Corporate
22 687
27 192
33 579
-
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.

5 672
6 798
8 395
-
total
5 672
6 798
8 395
-
Dividends
17 015
20 394
-
-
withholding
4 679
5 608
-
-
total
4 679
5 608
-
-
Income
45 000
45 000
45 000
45 000
Total tax
20 485
19 948
32 690
22 370
After tax
24 515
25 052
12 310
22 630
Living cost
12 180
12 180
12 180
12 180
Free-cash
12 335
12 872
130
10 450

Estimated living cost  is ₴12180 per week

₴8123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴2817
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.

Brussels , Belgium
₴7458
₴7413
₴4126
₴12597
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
-
-
-
45 000
national
-
-
-
15 536
communal

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

-
-
-
2 272
social contributions
-
-
-
7 131
total
-
-
-
24 939
Employee

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

24 725
-
34 854
-
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.

215
-
303
-
national
7 601
-
11 751
-
communal

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

1 290
-
1 818
-
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.

1 854
-
2 614
-
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.

1 162
-
1 638
-
total
12 122
-
18 124
-
Employer

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

24 725
-
34 854
-
surtax
2 804
-
3 953
-
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.

2 191
-
3 088
-
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.

1 520
-
2 144
-
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.

321
-
453
-
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.

361
-
509
-
total
7 197
-
10 147
-
Corporate
13 078
45 000
-
-
income
2 616
9 000
-
-
surtax
52
180
-
-
total
2 668
9 180
-
-
Dividends
10 410
35 820
-
-
withholding

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

2 997
10 620
-
-
total
2 997
10 620
-
-
Income
45 000
45 000
45 000
45 000
Total tax
24 984
19 800
28 271
24 939
After tax
20 016
25 200
16 729
20 061
Living cost
12 603
12 603
12 603
12 603
Free-cash
7 413
12 597
4 126
7 458

Estimated living cost  is ₴12603 per week

₴8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1102
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.
₴3186
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
Sofia , Bulgaria
₴29081
₴30423
₴30675
₴32529
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
-
-
-
45 000
unemployment
-
-
-
48
health
-
-
-
1 388
pensions

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

-
-
-
1 787
income
-
-
-
6 750
total
-
-
-
9 973
Employee
7 873
-
42 631
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
787
-
4 263
-
pensions

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

691
-
1 060
-
health
362
-
555
-
total
1 927
-
6 011
-
Employer
7 873
-
42 631
-
pensions

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

868
-
1 330
-
health
543
-
833
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
47
-
72
-
total
1 545
-
2 368
-
Corporate
35 582
45 000
-
-
income
3 558
4 500
-
-
total
3 558
4 500
-
-
Dividends
32 024
40 500
-
-
withholding
1 601
2 025
-
-
total
1 601
2 025
-
-
Income
45 000
45 000
45 000
45 000
Total tax
8 631
6 525
8 379
9 973
After tax
36 369
38 475
36 621
35 027
Living cost
5 946
5 946
5 946
5 946
Free-cash
30 423
32 529
30 675
29 081

Estimated living cost  is ₴5946 per week

₴3933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴142
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.
₴1531
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
Varna , Bulgaria
₴30495
₴32338
₴32089
₴33943
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
-
-
-
45 000
unemployment
-
-
-
48
health
-
-
-
1 388
pensions

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

-
-
-
1 787
income
-
-
-
6 750
total
-
-
-
9 973
Employee
6 001
-
42 631
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
600
-
4 263
-
pensions

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

527
-
1 060
-
health
276
-
555
-
total
1 469
-
6 011
-
Employer
6 001
-
42 631
-
pensions

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

661
-
1 330
-
health
414
-
833
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
72
-
total
1 177
-
2 368
-
Corporate
37 822
45 000
-
-
income
3 782
4 500
-
-
total
3 782
4 500
-
-
Dividends
34 040
40 500
-
-
withholding
1 702
2 025
-
-
total
1 702
2 025
-
-
Income
45 000
45 000
45 000
45 000
Total tax
8 130
6 525
8 379
9 973
After tax
36 870
38 475
36 621
35 027
Living cost
4 532
4 532
4 532
4 532
Free-cash
32 338
33 943
32 089
30 495

Estimated living cost  is ₴4532 per week

₴2646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴1442
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
Larnaca , Cyprus
₴23495
₴22995
₴23023
₴24877
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
-
-
-
45 000
health
-
-
-
1 147
social contributions
-
-
-
5 593
income
-
-
-
6 762
total
-
-
-
13 502
Employee
26 579
26 579
41 261
-
income
2 894
2 460
6 559
-
social contributions
1 005
2 206
2 975
-
health
206
452
701
-
total
4 105
5 118
10 235
-
Employer
26 579
26 579
41 261
-
social contributions
1 005
2 206
2 975
-
health
224
492
764
-
total
1 229
2 698
3 739
-
Corporate
31 664
15 723
-
-
income
3 958
1 965
-
-
total
3 958
1 965
-
-
Dividends
27 706
13 758
-
-
withholding
4 710
2 339
-
-
total
4 710
2 339
-
-
Income
45 000
45 000
45 000
45 000
Total tax
14 002
12 120
13 974
13 502
After tax
30 998
32 880
31 026
31 498
Living cost
8 003
8 003
8 003
8 003
Free-cash
22 995
24 877
23 023
23 495

Estimated living cost  is ₴8003 per week

₴4796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
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.
₴2245
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
Limassol , Cyprus
₴20287
₴20235
₴19815
₴21669
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
-
-
-
45 000
health
-
-
-
1 147
social contributions
-
-
-
5 593
income
-
-
-
6 762
total
-
-
-
13 502
Employee
26 579
26 579
41 261
-
income
2 791
2 460
6 559
-
social contributions
1 292
2 206
2 975
-
health
264
452
701
-
total
4 347
5 118
10 235
-
Employer
26 579
26 579
41 261
-
social contributions
1 292
2 206
2 975
-
health
288
492
764
-
total
1 580
2 698
3 739
-
Corporate
27 862
15 723
-
-
income
3 483
1 965
-
-
total
3 483
1 965
-
-
Dividends
24 379
13 758
-
-
withholding
4 144
2 339
-
-
total
4 144
2 339
-
-
Income
45 000
45 000
45 000
45 000
Total tax
13 554
12 120
13 974
13 502
After tax
31 446
32 880
31 026
31 498
Living cost
11 211
11 211
11 211
11 211
Free-cash
20 235
21 669
19 815
20 287

Estimated living cost  is ₴11211 per week

₴7664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2483
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
Brno , Czech Republic
₴15339
₴20151
₴14852
₴23000
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
-
-
-
45 000
health
-
-
-
6 075
social contributions
-
-
-
11 487
income
-
-
-
4 116
solidarity contribution
-
-
-
-
total
-
-
-
21 678
Employee
11 740
-
33 582
-
income
1 409
-
4 030
-
social contributions
763
-
2 183
-
health
1 585
-
4 534
-
solidarity contribution
-
-
-
-
total
3 757
-
10 747
-
Employer
11 740
-
33 582
-
social contributions
2 935
-
8 396
-
health
1 057
-
3 022
-
total
3 992
-
11 418
-
Corporate
29 269
45 000
-
-
income
5 561
8 550
-
-
total
5 561
8 550
-
-
Dividends
23 708
36 450
-
-
withholding
3 556
5 467
-
-
total
3 556
5 467
-
-
Income
45 000
45 000
45 000
45 000
Total tax
16 866
14 017
22 165
21 678
After tax
28 134
30 983
22 835
23 322
Living cost
7 983
7 983
7 983
7 983
Free-cash
20 151
23 000
14 852
15 339

Estimated living cost  is ₴7983 per week

₴5545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
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.
₴1713
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
Prague , Czech Republic
₴13485
₴17636
₴12998
₴21146
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
-
-
-
45 000
health
-
-
-
6 075
social contributions
-
-
-
11 487
income
-
-
-
4 116
solidarity contribution
-
-
-
-
total
-
-
-
21 678
Employee
14 467
-
33 582
-
income
1 736
-
4 030
-
social contributions
940
-
2 183
-
health
1 953
-
4 534
-
solidarity contribution
-
-
-
-
total
4 629
-
10 747
-
Employer
14 467
-
33 582
-
social contributions
3 617
-
8 396
-
health
1 302
-
3 022
-
total
4 919
-
11 418
-
Corporate
25 615
45 000
-
-
income
4 867
8 550
-
-
total
4 867
8 550
-
-
Dividends
20 748
36 450
-
-
withholding
3 112
5 467
-
-
total
3 112
5 467
-
-
Income
45 000
45 000
45 000
45 000
Total tax
17 527
14 017
22 165
21 678
After tax
27 473
30 983
22 835
23 322
Living cost
9 837
9 837
9 837
9 837
Free-cash
17 636
21 146
12 998
13 485

Estimated living cost  is ₴9837 per week

₴7316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
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.
₴1807
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
Copenhagen , Denmark
₴10685
-₴30536
-₴30536
-₴30536
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
-
-
-
45 000
national
-
-
-
4 844
pensions
-
-
-
301
municipal
-
-
-
8 897
labour market
-
-
-
3 576
total
-
-
-
17 618
Employee
70 472
70 472
70 472
-
municipal
15 007
15 007
15 007
-
national
8 609
8 609
8 609
-
pensions
100
100
100
-
labour market
5 630
5 630
5 630
-
total
29 346
29 346
29 346
-
Employer
70 472
70 472
70 472
-
pensions
200
200
200
-
labour market
5 638
5 638
5 638
-
municipal
15 031
15 031
15 031
-
national
8 624
8 624
8 624
-
total
29 493
29 493
29 493
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 000
45 000
45 000
45 000
Total tax
58 839
58 839
58 839
17 618
After tax
-13 839
-13 839
-13 839
27 382
Living cost
16 697
16 697
16 697
16 697
Free-cash
-30 536
-30 536
-30 536
10 685

Estimated living cost  is ₴16697 per week

₴11427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3535
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
Tallinn , Estonia
₴15771
₴25503
₴17588
₴27651
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
-
-
-
45 000
health
-
-
-
5 850
pensions
-
-
-
9 000
income
-
-
-
6 030
total
-
-
-
20 880
Employee
9 806
-
33 632
-
unemployment
157
-
538
-
income
1 104
-
6 485
-
pensions
196
-
672
-
total
1 457
-
7 695
-
Employer
9 806
-
33 632
-
pensions
1 961
-
6 727
-
health
1 275
-
4 372
-
unemployment
79
-
269
-
total
3 315
-
11 368
-
Corporate
31 880
45 000
-
-
income
6 376
9 000
-
-
total
6 376
9 000
-
-
Dividends
25 504
36 000
-
-
total
-
-
-
-
Income
45 000
45 000
45 000
45 000
Total tax
11 148
9 000
19 063
20 880
After tax
33 852
36 000
25 937
24 120
Living cost
8 349
8 349
8 349
8 349
Free-cash
25 503
27 651
17 588
15 771

Estimated living cost  is ₴8349 per week

₴5726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1957
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
Helsinki , Finland
₴17515
₴16032
₴11345
₴15853
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

-
-
-
45 000
national
-
-
-
5 664
health
-
-
-
549
municipal
-
-
-
8 001
total
-
-
-
14 214
Employee
18 186
-
37 857
-
unemployment
273
-
568
-
municipal
2 979
-
6 173
-
national
300
-
3 505
-
pensions
1 227
-
2 556
-
health
136
-
439
-
total
4 915
-
13 241
-
Employer
18 186
-
37 857
-
pensions
3 155
-
6 568
-
health
140
-
291
-
accident
18
-
38
-
unemployment
118
-
246
-
total
3 431
-
7 143
-
Corporate
23 383
45 000
-
-
income
4 677
9 000
-
-
total
4 677
9 000
-
-
Dividends

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

14 030
27 000
-
-
municipal
2 525
4 860
-
-
national
149
2 016
-
-
total
2 674
6 876
-
-
Income
45 000
45 000
45 000
45 000
Total tax
15 697
15 876
20 384
14 214
After tax
29 303
29 124
24 616
30 786
Living cost
13 271
13 271
13 271
13 271
Free-cash
16 032
15 853
11 345
17 515

Estimated living cost  is ₴13271 per week

₴8668
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.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3115
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.

Marseille , France
₴14962
₴13945
₴15856
₴12026
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
-
-
-
45 000
surtax
-
-
-
-
health
-
-
-
1 407
pensions
-
-
-
9 538
social contributions
-
-
-
1 282
income
-
-
-
5 762
other
-
-
-
1 395
total
-
-
-
19 384
Employee
13 205
-
35 752
-
income
681
-
6 125
-
surtax
-
-
-
-
social contributions
377
-
1 019
-
pensions
1 494
-
2 100
-
total
2 552
-
9 244
-
Employer
13 205
-
35 752
-
pensions
2 170
-
3 605
-
social contributions
39
-
108
-
other
456
-
1 233
-
health
924
-
2 852
-
unemployment
535
-
1 448
-
total
4 124
-
9 246
-
Corporate
27 671
45 000
-
-
income
7 748
12 600
-
-
surtax
-
-
-
-
total
7 748
12 600
-
-
Dividends
19 923
32 400
-
-
withholding
2 550
4 147
-
-
social contributions
3 427
5 573
-
-
surtax
-
-
-
-
total
5 977
9 720
-
-
Income
45 000
45 000
45 000
45 000
Total tax
20 401
22 320
18 490
19 384
After tax
24 599
22 680
26 510
25 616
Living cost
10 654
10 654
10 654
10 654
Free-cash
13 945
12 026
15 856
14 962

Estimated living cost  is ₴10654 per week

₴6179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1082
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.
₴3191
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
Nice , France
₴13790
₴12896
₴14684
₴10854
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
-
-
-
45 000
surtax
-
-
-
-
health
-
-
-
1 407
pensions
-
-
-
9 538
social contributions
-
-
-
1 282
income
-
-
-
5 762
other
-
-
-
1 395
total
-
-
-
19 384
Employee
14 794
-
35 752
-
income
873
-
6 125
-
surtax
-
-
-
-
social contributions
422
-
1 019
-
pensions
1 673
-
2 100
-
total
2 968
-
9 244
-
Employer
14 794
-
35 752
-
pensions
2 430
-
3 605
-
social contributions
45
-
108
-
other
510
-
1 233
-
health
1 036
-
2 852
-
unemployment
599
-
1 448
-
total
4 620
-
9 246
-
Corporate
25 587
45 000
-
-
income
7 164
12 600
-
-
surtax
-
-
-
-
total
7 164
12 600
-
-
Dividends
18 422
32 400
-
-
withholding
2 358
4 147
-
-
social contributions
3 168
5 573
-
-
surtax
-
-
-
-
total
5 526
9 720
-
-
Income
45 000
45 000
45 000
45 000
Total tax
20 278
22 320
18 490
19 384
After tax
24 722
22 680
26 510
25 616
Living cost
11 826
11 826
11 826
11 826
Free-cash
12 896
10 854
14 684
13 790

Estimated living cost  is ₴11826 per week

₴7457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
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.
₴3207
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
Paris , France
₴8921
₴8361
₴9815
₴5985
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
-
-
-
45 000
surtax
-
-
-
-
health
-
-
-
1 407
pensions
-
-
-
9 538
social contributions
-
-
-
1 282
income
-
-
-
5 762
other
-
-
-
1 395
total
-
-
-
19 384
Employee
21 649
-
35 752
-
income
1 889
-
6 125
-
surtax
-
-
-
-
social contributions
617
-
1 019
-
pensions
2 449
-
2 100
-
total
4 955
-
9 244
-
Employer
21 649
-
35 752
-
pensions
3 557
-
3 605
-
social contributions
65
-
108
-
other
747
-
1 233
-
health
1 515
-
2 852
-
unemployment
877
-
1 448
-
total
6 761
-
9 246
-
Corporate
16 589
45 000
-
-
income
4 645
12 600
-
-
surtax
-
-
-
-
total
4 645
12 600
-
-
Dividends
11 945
32 400
-
-
withholding
1 529
4 147
-
-
social contributions
2 054
5 573
-
-
surtax
-
-
-
-
total
3 583
9 720
-
-
Income
45 000
45 000
45 000
45 000
Total tax
19 944
22 320
18 490
19 384
After tax
25 056
22 680
26 510
25 616
Living cost
16 695
16 695
16 695
16 695
Free-cash
8 361
5 985
9 815
8 921

Estimated living cost  is ₴16695 per week

₴11299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
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.
₴3801
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
Batumi , Georgia
₴42328
₴40112
₴33778
₴40528
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%.

-
-
-
45 000
microenterprise

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

-
-
-
450
total
-
-
-
450
Employee
2 778
-
45 000
-
income
555
-
9 000
-
total
555
-
9 000
-
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%.

42 222
45 000
-
-
total
-
-
-
-
Dividends
42 222
45 000
-
-
withholding
2 111
2 250
-
-
total
2 111
2 250
-
-
Income
45 000
45 000
45 000
45 000
Total tax
2 666
2 250
9 000
450
After tax
42 334
42 750
36 000
44 550
Living cost
2 222
2 222
2 222
2 222
Free-cash
40 112
40 528
33 778
42 328

Estimated living cost  is ₴2222 per week

₴1377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
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.
₴599
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.

Tbilisi , Georgia
₴41087
₴38637
₴32537
₴39287
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%.

-
-
-
45 000
microenterprise

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

-
-
-
450
total
-
-
-
450
Employee
4 328
-
45 000
-
income
866
-
9 000
-
total
866
-
9 000
-
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%.

40 672
45 000
-
-
total
-
-
-
-
Dividends
40 672
45 000
-
-
withholding
2 034
2 250
-
-
total
2 034
2 250
-
-
Income
45 000
45 000
45 000
45 000
Total tax
2 900
2 250
9 000
450
After tax
42 100
42 750
36 000
44 550
Living cost
3 463
3 463
3 463
3 463
Free-cash
38 637
39 287
32 537
41 087

Estimated living cost  is ₴3463 per week

₴2343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
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.
₴858
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.

Berlin , Germany
₴12327
₴14362
₴16478
₴9840
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.

-
-
-
45 000
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.

-
-
-
668
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.

-
-
-
2 361
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.

-
-
-
12 148
trade
-
-
-
4 151
total
-
-
-
19 328
Employee

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

17 199
-
45 000
-
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.

1 414
-
12 148
-
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.

78
-
668
-
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.

2 361
-
2 361
-
total
3 853
-
15 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 801
45 000
-
-
trade
3 989
6 458
-
-
income
4 171
6 750
-
-
chamber of commerce
93
119
-
-
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.

230
371
-
-
total
8 483
13 698
-
-
Dividends
19 319
31 303
-
-
withholding
4 699
7 694
-
-
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.

258
423
-
-
total
4 957
8 117
-
-
Income
45 000
45 000
45 000
45 000
Total tax
17 293
21 815
15 177
19 328
After tax
27 707
23 185
29 823
25 672
Living cost
13 345
13 345
13 345
13 345
Free-cash
14 362
9 840
16 478
12 327

Estimated living cost  is ₴13345 per week

₴9206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴194
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.
₴2510
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.

Dresden , Germany
₴14797
₴16076
₴19353
₴12252
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.

-
-
-
45 000
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.

-
-
-
668
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.

-
-
-
2 361
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.

-
-
-
12 148
trade
-
-
-
4 556
total
-
-
-
19 733
Employee

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

13 221
-
45 000
-
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.

369
-
12 148
-
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
-
668
-
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.

2 361
-
2 361
-
total
2 750
-
15 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 779
45 000
-
-
trade
5 006
7 088
-
-
income
4 767
6 750
-
-
chamber of commerce
98
117
-
-
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.

262
371
-
-
total
10 133
14 326
-
-
Dividends
21 646
30 674
-
-
withholding
5 280
7 537
-
-
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.

291
415
-
-
total
5 571
7 952
-
-
Income
45 000
45 000
45 000
45 000
Total tax
18 454
22 278
15 177
19 733
After tax
26 546
22 722
29 823
25 267
Living cost
10 470
10 470
10 470
10 470
Free-cash
16 076
12 252
19 353
14 797

Estimated living cost  is ₴10470 per week

₴6586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1221
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.
₴2468
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.

Hamburg , Germany
₴11485
₴13768
₴16244
₴8912
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.

-
-
-
45 000
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.

-
-
-
668
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.

-
-
-
2 361
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.

-
-
-
12 148
trade
-
-
-
4 759
total
-
-
-
19 936
Employee

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

17 529
-
45 000
-
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.

1 506
-
12 148
-
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
-
668
-
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.

2 361
-
2 361
-
total
3 950
-
15 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 471
45 000
-
-
trade
4 519
7 402
-
-
income
4 121
6 750
-
-
chamber of commerce
92
117
-
-
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.

227
371
-
-
total
8 959
14 640
-
-
Dividends
18 513
30 360
-
-
withholding
4 497
7 459
-
-
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.

247
410
-
-
total
4 744
7 869
-
-
Income
45 000
45 000
45 000
45 000
Total tax
17 653
22 509
15 177
19 936
After tax
27 347
22 491
29 823
25 064
Living cost
13 579
13 579
13 579
13 579
Free-cash
13 768
8 912
16 244
11 485

Estimated living cost  is ₴13579 per week

₴9082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
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.
₴2863
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.

Munich , Germany
₴9026
₴12030
₴13988
₴6425
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.

-
-
-
45 000
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.

-
-
-
668
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.

-
-
-
2 361
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.

-
-
-
12 148
trade
-
-
-
4 962
total
-
-
-
20 139
Employee

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

20 773
-
45 000
-
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.

2 443
-
12 148
-
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.

134
-
668
-
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.

2 361
-
2 361
-
total
4 938
-
15 177
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 227
45 000
-
-
trade
4 155
7 717
-
-
income
3 634
6 750
-
-
chamber of commerce
87
116
-
-
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.

200
371
-
-
total
8 076
14 954
-
-
Dividends
16 151
30 046
-
-
withholding
3 906
7 380
-
-
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.

215
406
-
-
total
4 121
7 786
-
-
Income
45 000
45 000
45 000
45 000
Total tax
17 135
22 740
15 177
20 139
After tax
27 865
22 260
29 823
24 861
Living cost
15 835
15 835
15 835
15 835
Free-cash
12 030
6 425
13 988
9 026

Estimated living cost  is ₴15835 per week

₴11565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2798
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.

Athens , Greece
₴13733
₴19443
₴12989
₴20541
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
-
-
-
45 000
surtax
-
-
-
1 356
unemployment
-
-
-
79
health
-
-
-
3 195
pensions
-
-
-
9 000
income
-
-
-
9 873
other
-
-
-
-
total
-
-
-
23 503
Employee
11 640
-
37 174
-
unemployment
810
-
2 587
-
other
-
-
-
-
income
1 951
-
9 168
-
surtax
41
-
1 239
-
pensions
777
-
2 479
-
health
297
-
948
-
total
3 876
-
16 421
-
Employer
11 640
-
37 174
-
pensions
1 552
-
4 955
-
other
-
-
-
-
health
529
-
1 692
-
unemployment
369
-
1 179
-
total
2 450
-
7 826
-
Corporate
30 909
45 000
-
-
income
8 036
11 700
-
-
total
8 036
11 700
-
-
Dividends
22 873
33 300
-
-
withholding
3 431
4 995
-
-
total
3 431
4 995
-
-
Income
45 000
45 000
45 000
45 000
Total tax
17 793
16 695
24 247
23 503
After tax
27 207
28 305
20 753
21 497
Living cost
7 764
7 764
7 764
7 764
Free-cash
19 443
20 541
12 989
13 733

Estimated living cost  is ₴7764 per week

₴4687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴2222
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
Thessaloniki , Greece
₴13870
₴19603
₴13126
₴20678
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
-
-
-
45 000
surtax
-
-
-
1 356
unemployment
-
-
-
79
health
-
-
-
3 195
pensions
-
-
-
9 000
income
-
-
-
9 873
other
-
-
-
-
total
-
-
-
23 503
Employee
11 431
-
37 174
-
unemployment
796
-
2 587
-
other
-
-
-
-
income
1 916
-
9 168
-
surtax
37
-
1 239
-
pensions
762
-
2 479
-
health
292
-
948
-
total
3 803
-
16 421
-
Employer
11 431
-
37 174
-
pensions
1 524
-
4 955
-
other
-
-
-
-
health
520
-
1 692
-
unemployment
362
-
1 179
-
total
2 406
-
7 826
-
Corporate
31 163
45 000
-
-
income
8 102
11 700
-
-
total
8 102
11 700
-
-
Dividends
23 061
33 300
-
-
withholding
3 459
4 995
-
-
total
3 459
4 995
-
-
Income
45 000
45 000
45 000
45 000
Total tax
17 770
16 695
24 247
23 503
After tax
27 230
28 305
20 753
21 497
Living cost
7 627
7 627
7 627
7 627
Free-cash
19 603
20 678
13 126
13 870

Estimated living cost  is ₴7627 per week

₴4664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2084
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
Budapest , Hungary
₴24278
₴18573
₴19190
₴18429
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
-
-
-
45 000
unemployment
-
-
-
675
health
-
-
-
3 150
pensions
-
-
-
4 500
income
-
-
-
5 501
total
-
-
-
13 826
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.

9 955
3 962
37 657
-
unemployment
149
59
565
-
income
1 217
484
4 604
-
pensions
995
396
3 766
-
health
697
277
2 636
-
total
3 058
1 216
11 571
-
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.

9 955
3 962
37 657
-
pensions
1 941
773
7 343
-
total
1 941
773
7 343
-
Corporate
33 104
40 266
-
-
income
2 979
3 624
-
-
total
2 979
3 624
-
-
Dividends
30 125
36 642
-
-
withholding
5 724
6 962
-
-
social contributions
5 829
7 100
-
-
total
11 553
14 062
-
-
Income
45 000
45 000
45 000
45 000
Total tax
19 531
19 675
18 914
13 826
After tax
25 469
25 325
26 086
31 174
Living cost
6 896
6 896
6 896
6 896
Free-cash
18 573
18 429
19 190
24 278

Estimated living cost  is ₴6896 per week

₴4706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴138
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.
₴1488
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
Reykjavik , Iceland
₴10065
₴11083
₴10419
₴11361
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
-
-
-
45 000
national
-
-
-
7 495
pensions
-
-
-
5 400
social contributions
-
-
-
484
municipal
-
-
-
4 837
total
-
-
-
18 216
Employee
25 918
-
38 902
-
municipal
3 201
-
5 011
-
national
4 961
-
7 765
-
pensions
1 037
-
1 556
-
total
9 199
-
14 332
-
Employer
25 918
-
38 902
-
pensions
2 073
-
3 112
-
social contributions
279
-
418
-
total
2 352
-
3 530
-
Corporate
15 020
45 000
-
-
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%.

3 004
9 000
-
-
total
3 004
9 000
-
-
Dividends
12 016
36 000
-
-
withholding
2 643
7 920
-
-
total
2 643
7 920
-
-
Income
45 000
45 000
45 000
45 000
Total tax
17 198
16 920
17 862
18 216
After tax
27 802
28 080
27 138
26 784
Living cost
16 719
16 719
16 719
16 719
Free-cash
11 083
11 361
10 419
10 065

Estimated living cost  is ₴16719 per week

₴11364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3551
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.

Dublin , Ireland
₴8801
₴12574
₴8801
₴11810
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
-
-
-
45 000
social contributions
-
-
-
4 222
income
-
-
-
12 287
total
-
-
-
16 509
Employee
27 038
-
45 000
-
social contributions
2 246
-
4 222
-
income
5 102
-
12 287
-
total
7 348
-
16 509
-
Employer
27 038
-
45 000
-
total
-
-
-
-
Corporate
17 962
45 000
-
-
income
2 245
5 625
-
-
total
2 245
5 625
-
-
Dividends
15 717
39 375
-
-
withholding
3 143
7 875
-
-
total
3 143
7 875
-
-
Income
45 000
45 000
45 000
45 000
Total tax
12 736
13 500
16 509
16 509
After tax
32 264
31 500
28 491
28 491
Living cost
19 690
19 690
19 690
19 690
Free-cash
12 574
11 810
8 801
8 801

Estimated living cost  is ₴19690 per week

₴14980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2918
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.

Milan , Italy
₴7770
₴7619
₴5629
₴9425
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
-
-
-
45 000
national
-
-
-
10 288
regional
-
-
-
515
social contributions
-
-
-
11 574
municipal
-
-
-
268
total
-
-
-
22 645
Employee
30 720
-
45 000
-
municipal
163
-
239
-
national
5 323
-
8 920
-
social contributions
10 359
-
15 174
-
regional
290
-
453
-
total
16 135
-
24 786
-
Employer
30 720
-
45 000
-
total
-
-
-
-
Corporate
14 280
45 000
-
-
nationa
3 427
10 800
-
-
municipal
557
1 755
-
-
total
3 984
12 555
-
-
Dividends
10 296
32 445
-
-
withholding
2 677
8 435
-
-
total
2 677
8 435
-
-
Income
45 000
45 000
45 000
45 000
Total tax
22 796
20 990
24 786
22 645
After tax
22 204
24 010
20 214
22 355
Living cost
14 585
14 585
14 585
14 585
Free-cash
7 619
9 425
5 629
7 770

Estimated living cost  is ₴14585 per week

₴10167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3238
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
Naples , Italy
₴12880
₴13574
₴10750
₴14342
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
-
-
-
45 000
national
-
-
-
10 288
regional
-
-
-
679
social contributions
-
-
-
11 574
municipal
-
-
-
268
total
-
-
-
22 809
Employee
19 174
-
45 000
-
municipal
102
-
239
-
national
3 038
-
8 920
-
social contributions
6 466
-
15 174
-
regional
258
-
606
-
total
9 864
-
24 939
-
Employer
19 174
-
45 000
-
total
-
-
-
-
Corporate
25 826
45 000
-
-
nationa
6 198
10 800
-
-
municipal
1 284
2 237
-
-
total
7 482