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
₴ 45500
per

Your estimated
City
free-cash

Andorra , Andorra
₴23642
₴29388
₴24851
₴30550
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
-
-
-
45 500
social contributions
-
-
-
10 010
income
-
-
-
1 448
total
-
-
-
11 458
Employee
11 123
-
39 394
-
social contributions
723
-
2 561
-
income
-
-
1 582
-
total
723
-
4 143
-
Employer
11 123
-
39 394
-
social contributions
1 724
-
6 106
-
total
1 724
-
6 106
-
Corporate
32 652
45 500
-
-
income
3 265
4 550
-
-
total
3 265
4 550
-
-
Dividends
29 387
40 950
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
5 712
4 550
10 249
11 458
After tax
39 788
40 950
35 251
34 042
Living cost
10 400
10 400
10 400
10 400
Free-cash
29 388
30 550
24 851
23 642

Estimated living cost  is ₴10400 per week

₴6725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴2696
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
₴11945
₴14151
₴1374
₴14320
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
-
-
-
45 500
surtax
-
-
-
-
unemployment
-
-
-
2 122
health
-
-
-
3 092
chamber of commerce
-
-
-
182
pensions
-
-
-
7 478
income
-
-
-
9 643
total
-
-
-
22 517
Employee
15 124
13 788
35 332
-
unemployment
454
414
1 060
-
other
151
138
353
-
income
1 347
1 017
8 016
-
pensions
1 549
1 412
3 618
-
health
585
534
1 367
-
total
4 086
3 515
14 414
-
Employer
15 124
13 788
35 332
-
pensions
1 898
1 731
4 434
-
surtax
-
-
-
-
payroll
454
414
1 060
-
other
718
655
1 678
-
health
572
521
1 336
-
accident
196
179
460
-
unemployment
454
414
1 060
-
chamber of commerce
60
55
141
-
total
4 352
3 969
10 169
-
Corporate
26 023
27 743
34 019
-
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.

6 506
6 936
8 505
-
total
6 506
6 936
8 505
-
Dividends
19 517
20 808
-
-
withholding
5 367
5 722
-
-
total
5 367
5 722
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 311
20 142
33 088
22 517
After tax
25 189
25 358
12 412
22 983
Living cost
11 038
11 038
11 038
11 038
Free-cash
14 151
14 320
1 374
11 945

Estimated living cost  is ₴11038 per week

₴6622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3093
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
₴10723
₴12595
₴210
₴13129
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
-
-
-
45 500
surtax
-
-
-
68
unemployment
-
-
-
2 122
health
-
-
-
3 092
chamber of commerce
-
-
-
182
pensions
-
-
-
7 478
income
-
-
-
9 643
total
-
-
-
22 585
Employee
17 291
13 788
35 279
-
unemployment
519
414
1 058
-
other
173
138
353
-
income
1 968
1 017
7 997
-
pensions
1 771
1 412
3 613
-
health
669
534
1 365
-
total
5 100
3 515
14 386
-
Employer
17 291
13 788
35 279
-
pensions
2 170
1 731
4 427
-
surtax
68
68
68
-
payroll
519
414
1 058
-
other
821
655
1 676
-
health
653
521
1 334
-
accident
225
179
458
-
unemployment
519
414
1 058
-
chamber of commerce
69
55
141
-
total
5 044
4 037
10 220
-
Corporate
23 165
27 675
33 966
-
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.

5 791
6 919
8 492
-
total
5 791
6 919
8 492
-
Dividends
17 374
20 756
-
-
withholding
4 778
5 708
-
-
total
4 778
5 708
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 713
20 179
33 098
22 585
After tax
24 787
25 321
12 402
22 915
Living cost
12 192
12 192
12 192
12 192
Free-cash
12 595
13 129
210
10 723

Estimated living cost  is ₴12192 per week

₴8131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1040
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.
₴2820
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
₴7638
₴7675
₴4267
₴12864
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
-
-
-
45 500
national
-
-
-
15 747
communal

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

-
-
-
2 298
social contributions
-
-
-
7 202
total
-
-
-
25 247
Employee

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

24 749
-
35 241
-
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
-
307
-
national
7 609
-
11 916
-
communal

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

1 291
-
1 838
-
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.

1 856
-
2 643
-
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.

1 163
-
1 656
-
total
12 134
-
18 360
-
Employer

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

24 749
-
35 241
-
surtax
2 806
-
3 996
-
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.

2 193
-
3 122
-
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.

1 522
-
2 167
-
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.

322
-
458
-
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
-
515
-
total
7 204
-
10 258
-
Corporate
13 547
45 500
-
-
income
2 709
9 100
-
-
surtax
54
182
-
-
total
2 763
9 282
-
-
Dividends
10 783
36 218
-
-
withholding

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

3 109
10 739
-
-
total
3 109
10 739
-
-
Income
45 500
45 500
45 500
45 500
Total tax
25 210
20 021
28 618
25 247
After tax
20 290
25 479
16 882
20 253
Living cost
12 615
12 615
12 615
12 615
Free-cash
7 675
12 864
4 267
7 638

Estimated living cost  is ₴12615 per week

₴8126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1103
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.
₴3189
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
₴29496
₴30842
₴31113
₴32950
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
-
-
-
45 500
unemployment
-
-
-
48
health
-
-
-
1 390
pensions

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

-
-
-
1 789
income
-
-
-
6 825
total
-
-
-
10 052
Employee
7 881
-
43 129
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
788
-
4 313
-
pensions

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

692
-
1 061
-
health
363
-
556
-
total
1 930
-
6 063
-
Employer
7 881
-
43 129
-
pensions

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

868
-
1 332
-
health
544
-
834
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
47
-
73
-
total
1 546
-
2 372
-
Corporate
36 072
45 500
-
-
income
3 607
4 550
-
-
total
3 607
4 550
-
-
Dividends
32 465
40 950
-
-
withholding
1 623
2 048
-
-
total
1 623
2 048
-
-
Income
45 500
45 500
45 500
45 500
Total tax
8 706
6 598
8 435
10 052
After tax
36 794
38 902
37 065
35 448
Living cost
5 952
5 952
5 952
5 952
Free-cash
30 842
32 950
31 113
29 496

Estimated living cost  is ₴5952 per week

₴3937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴341
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.
₴1533
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
₴30912
₴32759
₴32529
₴34366
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
-
-
-
45 500
unemployment
-
-
-
48
health
-
-
-
1 390
pensions

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

-
-
-
1 789
income
-
-
-
6 825
total
-
-
-
10 052
Employee
6 007
-
43 129
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
601
-
4 313
-
pensions

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

527
-
1 061
-
health
276
-
556
-
total
1 470
-
6 063
-
Employer
6 007
-
43 129
-
pensions

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

662
-
1 332
-
health
415
-
834
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
73
-
total
1 179
-
2 372
-
Corporate
38 314
45 500
-
-
income
3 832
4 550
-
-
total
3 832
4 550
-
-
Dividends
34 483
40 950
-
-
withholding
1 724
2 048
-
-
total
1 724
2 048
-
-
Income
45 500
45 500
45 500
45 500
Total tax
8 205
6 598
8 435
10 052
After tax
37 295
38 902
37 065
35 448
Living cost
4 536
4 536
4 536
4 536
Free-cash
32 759
34 366
32 529
30 912

Estimated living cost  is ₴4536 per week

₴2648
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.
₴1444
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
₴23830
₴23348
₴23354
₴25233
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
-
-
-
45 500
health
-
-
-
1 160
social contributions
-
-
-
5 598
income
-
-
-
6 901
total
-
-
-
13 659
Employee
26 605
26 605
41 750
-
income
2 897
2 463
6 697
-
social contributions
1 006
2 208
2 978
-
health
206
452
710
-
total
4 109
5 123
10 385
-
Employer
26 605
26 605
41 750
-
social contributions
1 006
2 208
2 978
-
health
224
492
772
-
total
1 230
2 700
3 750
-
Corporate
32 150
16 194
-
-
income
4 019
2 024
-
-
total
4 019
2 024
-
-
Dividends
28 131
14 170
-
-
withholding
4 783
2 409
-
-
total
4 783
2 409
-
-
Income
45 500
45 500
45 500
45 500
Total tax
14 141
12 256
14 135
13 659
After tax
31 359
33 244
31 365
31 841
Living cost
8 011
8 011
8 011
8 011
Free-cash
23 348
25 233
23 354
23 830

Estimated living cost  is ₴8011 per week

₴4801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴786
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.
₴2247
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
₴20619
₴20585
₴20143
₴22022
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
-
-
-
45 500
health
-
-
-
1 160
social contributions
-
-
-
5 598
income
-
-
-
6 901
total
-
-
-
13 659
Employee
26 605
26 605
41 750
-
income
2 794
2 463
6 697
-
social contributions
1 293
2 208
2 978
-
health
265
452
710
-
total
4 352
5 123
10 385
-
Employer
26 605
26 605
41 750
-
social contributions
1 293
2 208
2 978
-
health
288
492
772
-
total
1 581
2 700
3 750
-
Corporate
28 345
16 194
-
-
income
3 543
2 024
-
-
total
3 543
2 024
-
-
Dividends
24 802
14 170
-
-
withholding
4 217
2 409
-
-
total
4 217
2 409
-
-
Income
45 500
45 500
45 500
45 500
Total tax
13 693
12 256
14 135
13 659
After tax
31 807
33 244
31 365
31 841
Living cost
11 222
11 222
11 222
11 222
Free-cash
20 585
22 022
20 143
20 619

Estimated living cost  is ₴11222 per week

₴7672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴877
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.
₴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
Brno , Czech Republic
₴15685
₴20482
₴15096
₴23334
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
-
-
-
45 500
health
-
-
-
6 142
social contributions
-
-
-
11 502
income
-
-
-
4 178
solidarity contribution
-
-
-
-
total
-
-
-
21 822
Employee
11 755
-
33 955
-
income
1 411
-
4 075
-
social contributions
764
-
2 207
-
health
1 587
-
4 584
-
solidarity contribution
-
-
-
-
total
3 762
-
10 866
-
Employer
11 755
-
33 955
-
social contributions
2 939
-
8 489
-
health
1 058
-
3 056
-
total
3 997
-
11 545
-
Corporate
29 749
45 500
-
-
income
5 652
8 645
-
-
total
5 652
8 645
-
-
Dividends
24 096
36 855
-
-
withholding
3 614
5 528
-
-
total
3 614
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 025
14 173
22 411
21 822
After tax
28 475
31 327
23 089
23 678
Living cost
7 993
7 993
7 993
7 993
Free-cash
20 482
23 334
15 096
15 685

Estimated living cost  is ₴7993 per week

₴5552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1715
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
₴13828
₴17963
₴13239
₴21477
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
-
-
-
45 500
health
-
-
-
6 142
social contributions
-
-
-
11 502
income
-
-
-
4 178
solidarity contribution
-
-
-
-
total
-
-
-
21 822
Employee
14 485
-
33 955
-
income
1 738
-
4 075
-
social contributions
942
-
2 207
-
health
1 955
-
4 584
-
solidarity contribution
-
-
-
-
total
4 635
-
10 866
-
Employer
14 485
-
33 955
-
social contributions
3 621
-
8 489
-
health
1 304
-
3 056
-
total
4 925
-
11 545
-
Corporate
26 090
45 500
-
-
income
4 957
8 645
-
-
total
4 957
8 645
-
-
Dividends
21 133
36 855
-
-
withholding
3 170
5 528
-
-
total
3 170
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 687
14 173
22 411
21 822
After tax
27 813
31 327
23 089
23 678
Living cost
9 850
9 850
9 850
9 850
Free-cash
17 963
21 477
13 239
13 828

Estimated living cost  is ₴9850 per week

₴7325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
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.
₴1809
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
₴11008
-₴30108
-₴30108
-₴30108
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
-
-
-
45 500
national
-
-
-
4 849
pensions
-
-
-
301
municipal
-
-
-
9 014
labour market
-
-
-
3 616
total
-
-
-
17 780
Employee
70 538
70 538
70 538
-
municipal
15 021
15 021
15 021
-
national
8 618
8 618
8 618
-
pensions
100
100
100
-
labour market
5 635
5 635
5 635
-
total
29 374
29 374
29 374
-
Employer
70 538
70 538
70 538
-
pensions
201
201
201
-
labour market
5 643
5 643
5 643
-
municipal
15 045
15 045
15 045
-
national
8 633
8 633
8 633
-
total
29 522
29 522
29 522
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
58 896
58 896
58 896
17 780
After tax
-13 396
-13 396
-13 396
27 720
Living cost
16 712
16 712
16 712
16 712
Free-cash
-30 108
-30 108
-30 108
11 008

Estimated living cost  is ₴16712 per week

₴11438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1478
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.
₴3539
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
₴16031
₴25894
₴17868
₴28043
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
-
-
-
45 500
health
-
-
-
5 915
pensions
-
-
-
9 100
income
-
-
-
6 097
total
-
-
-
21 112
Employee
9 815
-
34 006
-
unemployment
157
-
544
-
income
1 105
-
6 556
-
pensions
196
-
680
-
total
1 458
-
7 780
-
Employer
9 815
-
34 006
-
pensions
1 963
-
6 802
-
health
1 276
-
4 421
-
unemployment
79
-
272
-
total
3 318
-
11 495
-
Corporate
32 367
45 500
-
-
income
6 473
9 100
-
-
total
6 473
9 100
-
-
Dividends
25 894
36 400
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
11 249
9 100
19 275
21 112
After tax
34 251
36 400
26 225
24 388
Living cost
8 357
8 357
8 357
8 357
Free-cash
25 894
28 043
17 868
16 031

Estimated living cost  is ₴8357 per week

₴5732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴498
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.
₴1959
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
₴17805
₴16348
₴11566
₴16136
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

-
-
-
45 500
national
-
-
-
5 765
health
-
-
-
556
municipal
-
-
-
8 090
total
-
-
-
14 411
Employee
18 204
-
38 277
-
unemployment
273
-
574
-
municipal
2 982
-
6 242
-
national
301
-
3 582
-
pensions
1 228
-
2 584
-
health
136
-
445
-
total
4 920
-
13 427
-
Employer
18 204
-
38 277
-
pensions
3 158
-
6 641
-
health
140
-
295
-
accident
18
-
38
-
unemployment
118
-
249
-
total
3 434
-
7 223
-
Corporate
23 862
45 500
-
-
income
4 772
9 100
-
-
total
4 772
9 100
-
-
Dividends

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

14 317
27 300
-
-
municipal
2 577
4 914
-
-
national
165
2 066
-
-
total
2 742
6 980
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 868
16 080
20 650
14 411
After tax
29 632
29 420
24 850
31 089
Living cost
13 284
13 284
13 284
13 284
Free-cash
16 348
16 136
11 566
17 805

Estimated living cost  is ₴13284 per week

₴8677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1278
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.
₴3118
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
₴15226
₴14190
₴16072
₴12268
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
-
-
-
45 500
surtax
-
-
-
-
health
-
-
-
1 442
pensions
-
-
-
9 586
social contributions
-
-
-
1 296
income
-
-
-
5 875
other
-
-
-
1 410
total
-
-
-
19 609
Employee
13 218
-
36 119
-
income
682
-
6 218
-
surtax
-
-
-
-
social contributions
377
-
1 029
-
pensions
1 495
-
2 136
-
total
2 554
-
9 383
-
Employer
13 218
-
36 119
-
pensions
2 172
-
3 663
-
social contributions
39
-
108
-
other
456
-
1 249
-
health
925
-
2 897
-
unemployment
535
-
1 463
-
total
4 127
-
9 380
-
Corporate
28 154
45 500
-
-
income
7 883
12 740
-
-
surtax
-
-
-
-
total
7 883
12 740
-
-
Dividends
20 271
32 760
-
-
withholding
2 595
4 193
-
-
social contributions
3 486
5 634
-
-
surtax
-
-
-
-
total
6 081
9 827
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 645
22 567
18 763
19 609
After tax
24 855
22 933
26 737
25 891
Living cost
10 665
10 665
10 665
10 665
Free-cash
14 190
12 268
16 072
15 226

Estimated living cost  is ₴10665 per week

₴6185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1083
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.
₴3194
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
₴14053
₴13138
₴14899
₴11095
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
-
-
-
45 500
surtax
-
-
-
-
health
-
-
-
1 442
pensions
-
-
-
9 586
social contributions
-
-
-
1 296
income
-
-
-
5 875
other
-
-
-
1 410
total
-
-
-
19 609
Employee
14 808
-
36 119
-
income
874
-
6 218
-
surtax
-
-
-
-
social contributions
422
-
1 029
-
pensions
1 674
-
2 136
-
total
2 970
-
9 383
-
Employer
14 808
-
36 119
-
pensions
2 433
-
3 663
-
social contributions
45
-
108
-
other
511
-
1 249
-
health
1 037
-
2 897
-
unemployment
599
-
1 463
-
total
4 625
-
9 380
-
Corporate
26 068
45 500
-
-
income
7 299
12 740
-
-
surtax
-
-
-
-
total
7 299
12 740
-
-
Dividends
18 769
32 760
-
-
withholding
2 402
4 193
-
-
social contributions
3 228
5 634
-
-
surtax
-
-
-
-
total
5 630
9 827
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 524
22 567
18 763
19 609
After tax
24 976
22 933
26 737
25 891
Living cost
11 838
11 838
11 838
11 838
Free-cash
13 138
11 095
14 899
14 053

Estimated living cost  is ₴11838 per week

₴7464
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.
₴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.
₴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
Paris , France
₴9180
₴8598
₴10026
₴6222
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
-
-
-
45 500
surtax
-
-
-
-
health
-
-
-
1 442
pensions
-
-
-
9 586
social contributions
-
-
-
1 296
income
-
-
-
5 875
other
-
-
-
1 410
total
-
-
-
19 609
Employee
21 670
-
36 119
-
income
1 891
-
6 218
-
surtax
-
-
-
-
social contributions
617
-
1 029
-
pensions
2 451
-
2 136
-
total
4 959
-
9 383
-
Employer
21 670
-
36 119
-
pensions
3 561
-
3 663
-
social contributions
65
-
108
-
other
748
-
1 249
-
health
1 517
-
2 897
-
unemployment
878
-
1 463
-
total
6 769
-
9 380
-
Corporate
17 061
45 500
-
-
income
4 777
12 740
-
-
surtax
-
-
-
-
total
4 777
12 740
-
-
Dividends
12 284
32 760
-
-
withholding
1 573
4 193
-
-
social contributions
2 113
5 634
-
-
surtax
-
-
-
-
total
3 686
9 827
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 191
22 567
18 763
19 609
After tax
25 309
22 933
26 737
25 891
Living cost
16 711
16 711
16 711
16 711
Free-cash
8 598
6 222
10 026
9 180

Estimated living cost  is ₴16711 per week

₴11310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
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.
₴3805
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
₴42818
₴40580
₴34173
₴40998
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%.

-
-
-
45 500
microenterprise

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

-
-
-
455
total
-
-
-
455
Employee
2 784
-
45 500
-
income
557
-
9 100
-
total
557
-
9 100
-
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%.

42 716
45 500
-
-
total
-
-
-
-
Dividends
42 716
45 500
-
-
withholding
2 136
2 275
-
-
total
2 136
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
2 693
2 275
9 100
455
After tax
42 807
43 225
36 400
45 045
Living cost
2 227
2 227
2 227
2 227
Free-cash
40 580
40 998
34 173
42 818

Estimated living cost  is ₴2227 per week

₴1380
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.
₴601
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
₴41574
₴39104
₴32930
₴39755
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%.

-
-
-
45 500
microenterprise

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

-
-
-
455
total
-
-
-
455
Employee
4 338
-
45 500
-
income
868
-
9 100
-
total
868
-
9 100
-
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%.

41 162
45 500
-
-
total
-
-
-
-
Dividends
41 162
45 500
-
-
withholding
2 058
2 275
-
-
total
2 058
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
2 926
2 275
9 100
455
After tax
42 574
43 225
36 400
45 045
Living cost
3 470
3 470
3 470
3 470
Free-cash
39 104
39 755
32 930
41 574

Estimated living cost  is ₴3470 per week

₴2349
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.
₴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.
₴860
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
₴12525
₴14609
₴16746
₴10084
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.

-
-
-
45 500
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.

-
-
-
680
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.

-
-
-
2 364
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.

-
-
-
12 352
trade
-
-
-
4 221
total
-
-
-
19 617
Employee

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

17 215
-
45 500
-
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.

1 416
-
12 352
-
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
-
680
-
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.

2 364
-
2 364
-
total
3 858
-
15 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 285
45 500
-
-
trade
4 059
6 529
-
-
income
4 243
6 825
-
-
chamber of commerce
94
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.

233
376
-
-
total
8 629
13 849
-
-
Dividends
19 656
31 650
-
-
withholding
4 783
7 781
-
-
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.

263
428
-
-
total
5 046
8 209
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 533
22 058
15 396
19 617
After tax
27 967
23 442
30 104
25 883
Living cost
13 358
13 358
13 358
13 358
Free-cash
14 609
10 084
16 746
12 525

Estimated living cost  is ₴13358 per week

₴9215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1437
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.
₴2512
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
₴14991
₴16320
₴19624
₴12494
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.

-
-
-
45 500
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.

-
-
-
680
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.

-
-
-
2 364
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.

-
-
-
12 352
trade
-
-
-
4 633
total
-
-
-
20 029
Employee

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

13 234
-
45 500
-
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.

370
-
12 352
-
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
-
680
-
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.

2 364
-
2 364
-
total
2 754
-
15 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 266
45 500
-
-
trade
5 082
7 166
-
-
income
4 840
6 825
-
-
chamber of commerce
99
118
-
-
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.

266
376
-
-
total
10 287
14 485
-
-
Dividends
21 979
31 015
-
-
withholding
5 364
7 622
-
-
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.

295
419
-
-
total
5 659
8 041
-
-
Income
45 500
45 500
45 500
45 500
Total tax
18 700
22 526
15 396
20 029
After tax
26 800
22 974
30 104
25 471
Living cost
10 480
10 480
10 480
10 480
Free-cash
16 320
12 494
19 624
14 991

Estimated living cost  is ₴10480 per week

₴6592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
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.
₴2470
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
₴11674
₴14009
₴16512
₴9147
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.

-
-
-
45 500
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.

-
-
-
680
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.

-
-
-
2 364
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.

-
-
-
12 352
trade
-
-
-
4 838
total
-
-
-
20 234
Employee

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

17 546
-
45 500
-
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.

1 508
-
12 352
-
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
-
680
-
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.

2 364
-
2 364
-
total
3 955
-
15 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 954
45 500
-
-
trade
4 598
7 484
-
-
income
4 193
6 825
-
-
chamber of commerce
93
118
-
-
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
376
-
-
total
9 114
14 803
-
-
Dividends
18 840
30 697
-
-
withholding
4 578
7 543
-
-
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.

252
415
-
-
total
4 830
7 958
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 899
22 761
15 396
20 234
After tax
27 601
22 739
30 104
25 266
Living cost
13 592
13 592
13 592
13 592
Free-cash
14 009
9 147
16 512
11 674

Estimated living cost  is ₴13592 per week

₴9091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
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.
₴2865
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
₴9209
₴12266
₴14254
₴6656
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.

-
-
-
45 500
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.

-
-
-
680
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.

-
-
-
2 364
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.

-
-
-
12 352
trade
-
-
-
5 045
total
-
-
-
20 441
Employee

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

20 794
-
45 500
-
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.

2 445
-
12 352
-
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
-
680
-
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.

2 364
-
2 364
-
total
4 944
-
15 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 706
45 500
-
-
trade
4 237
7 803
-
-
income
3 706
6 825
-
-
chamber of commerce
87
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.

204
376
-
-
total
8 234
15 121
-
-
Dividends
16 473
30 379
-
-
withholding
3 987
7 463
-
-
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.

219
410
-
-
total
4 206
7 873
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 384
22 994
15 396
20 441
After tax
28 116
22 506
30 104
25 059
Living cost
15 850
15 850
15 850
15 850
Free-cash
12 266
6 656
14 254
9 209

Estimated living cost  is ₴15850 per week

₴11576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
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.
₴2800
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
₴13905
₴19749
₴13152
₴20848
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
-
-
-
45 500
surtax
-
-
-
1 383
unemployment
-
-
-
79
health
-
-
-
3 230
pensions
-
-
-
9 100
income
-
-
-
10 032
other
-
-
-
-
total
-
-
-
23 824
Employee
11 652
-
37 587
-
unemployment
811
-
2 616
-
other
-
-
-
-
income
1 953
-
9 319
-
surtax
41
-
1 264
-
pensions
777
-
2 507
-
health
297
-
959
-
total
3 879
-
16 665
-
Employer
11 652
-
37 587
-
pensions
1 553
-
5 010
-
other
-
-
-
-
health
530
-
1 710
-
unemployment
370
-
1 192
-
total
2 453
-
7 912
-
Corporate
31 395
45 500
-
-
income
8 163
11 830
-
-
total
8 163
11 830
-
-
Dividends
23 232
33 670
-
-
withholding
3 485
5 051
-
-
total
3 485
5 051
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 980
16 881
24 577
23 824
After tax
27 520
28 619
20 923
21 676
Living cost
7 771
7 771
7 771
7 771
Free-cash
19 749
20 848
13 152
13 905

Estimated living cost  is ₴7771 per week

₴4692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2224
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
₴14041
₴19909
₴13288
₴20984
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
-
-
-
45 500
surtax
-
-
-
1 383
unemployment
-
-
-
79
health
-
-
-
3 230
pensions
-
-
-
9 100
income
-
-
-
10 032
other
-
-
-
-
total
-
-
-
23 824
Employee
11 442
-
37 587
-
unemployment
796
-
2 616
-
other
-
-
-
-
income
1 918
-
9 319
-
surtax
37
-
1 264
-
pensions
763
-
2 507
-
health
292
-
959
-
total
3 806
-
16 665
-
Employer
11 442
-
37 587
-
pensions
1 525
-
5 010
-
other
-
-
-
-
health
521
-
1 710
-
unemployment
362
-
1 192
-
total
2 408
-
7 912
-
Corporate
31 650
45 500
-
-
income
8 229
11 830
-
-
total
8 229
11 830
-
-
Dividends
23 421
33 670
-
-
withholding
3 513
5 051
-
-
total
3 513
5 051
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 956
16 881
24 577
23 824
After tax
27 544
28 619
20 923
21 676
Living cost
7 635
7 635
7 635
7 635
Free-cash
19 909
20 984
13 288
14 041

Estimated living cost  is ₴7635 per week

₴4668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴705
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.
₴2086
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
₴24612
₴18840
₴19467
₴18695
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
-
-
-
45 500
unemployment
-
-
-
682
health
-
-
-
3 185
pensions
-
-
-
4 550
income
-
-
-
5 562
total
-
-
-
13 979
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.

9 974
3 969
38 075
-
unemployment
150
60
571
-
income
1 219
485
4 655
-
pensions
997
397
3 808
-
health
698
278
2 665
-
total
3 064
1 220
11 699
-
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.

9 974
3 969
38 075
-
pensions
1 945
774
7 425
-
total
1 945
774
7 425
-
Corporate
33 581
40 757
-
-
income
3 022
3 668
-
-
total
3 022
3 668
-
-
Dividends
30 559
37 088
-
-
withholding
5 806
7 047
-
-
social contributions
5 914
7 187
-
-
total
11 720
14 234
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 751
19 896
19 124
13 979
After tax
25 749
25 604
26 376
31 521
Living cost
6 909
6 909
6 909
6 909
Free-cash
18 840
18 695
19 467
24 612

Estimated living cost  is ₴6909 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
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.
₴1491
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
₴10327
₴11370
₴10684
₴11648
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
-
-
-
45 500
national
-
-
-
7 585
pensions
-
-
-
5 460
social contributions
-
-
-
489
municipal
-
-
-
4 895
total
-
-
-
18 429
Employee
25 956
-
39 334
-
municipal
3 206
-
5 071
-
national
4 968
-
7 858
-
pensions
1 038
-
1 573
-
total
9 212
-
14 502
-
Employer
25 956
-
39 334
-
pensions
2 076
-
3 147
-
social contributions
279
-
423
-
total
2 355
-
3 570
-
Corporate
15 475
45 500
-
-
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%.

3 095
9 100
-
-
total
3 095
9 100
-
-
Dividends
12 380
36 400
-
-
withholding
2 724
8 008
-
-
total
2 724
8 008
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 386
17 108
18 072
18 429
After tax
28 114
28 392
27 428
27 071
Living cost
16 744
16 744
16 744
16 744
Free-cash
11 370
11 648
10 684
10 327

Estimated living cost  is ₴16744 per week

₴11381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3556
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
₴9034
₴12905
₴9034
₴12142
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
-
-
-
45 500
social contributions
-
-
-
4 276
income
-
-
-
12 481
total
-
-
-
16 757
Employee
27 065
-
45 500
-
social contributions
2 248
-
4 276
-
income
5 107
-
12 481
-
total
7 355
-
16 757
-
Employer
27 065
-
45 500
-
total
-
-
-
-
Corporate
18 435
45 500
-
-
income
2 305
5 687
-
-
total
2 305
5 687
-
-
Dividends
16 131
39 813
-
-
withholding
3 226
7 962
-
-
total
3 226
7 962
-
-
Income
45 500
45 500
45 500
45 500
Total tax
12 886
13 649
16 757
16 757
After tax
32 614
31 851
28 743
28 743
Living cost
19 709
19 709
19 709
19 709
Free-cash
12 905
12 142
9 034
9 034

Estimated living cost  is ₴19709 per week

₴14995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1606
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.
₴2921
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
₴7979
₴7870
₴5815
₴9676
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
-
-
-
45 500
national
-
-
-
10 427
regional
-
-
-
521
social contributions
-
-
-
11 702
municipal
-
-
-
271
total
-
-
-
22 921
Employee
30 750
-
45 500
-
municipal
163
-
241
-
national
5 328
-
9 043
-
social contributions
10 369
-
15 343
-
regional
290
-
458
-
total
16 150
-
25 085
-
Employer
30 750
-
45 500
-
total
-
-
-
-
Corporate
14 750
45 500
-
-
nationa
3 540
10 920
-
-
municipal
575
1 775
-
-
total
4 115
12 695
-
-
Dividends
10 635
32 805
-
-
withholding
2 765
8 529
-
-
total
2 765
8 529
-
-
Income
45 500
45 500
45 500
45 500
Total tax
23 030
21 224
25 085
22 921
After tax
22 470
24 276
20 415
22 579
Living cost
14 600
14 600
14 600
14 600
Free-cash
7 870
9 676
5 815
7 979

Estimated living cost  is ₴14600 per week

₴10177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴957
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.
₴3241
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
₴13094
₴13828
₴10941
₴14596
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
-
-
-
45 500
national
-
-
-
10 427
regional
-
-
-
686
social contributions
-
-
-
11 702
municipal
-
-
-
271
total
-
-
-
23 086
Employee
19 193
-
45 500
-
municipal
102
-
241
-
national
3 041
-
9 043
-
social contributions
6 472
-
15 343
-
regional
258
-
612
-
total
9 873
-
25 239
-
Employer
19 193
-
45 500
-
total
-
-
-
-
Corporate
26 307
45 500
-
-
nationa
6 314
10 920
-
-
municipal
1 307
2 261
-
-
total
7 621