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
₴ 46500
per

Your estimated
City
free-cash

Dresden , Germany
₴7715
₴13488
₴14422
₴17923
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.

-
-
-
46 500
trade
-
-
-
3 501
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.

-
-
-
8 717
health

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

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

-
-
-
3 567
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.

-
-
-
480
total
-
-
-
16 265
Employee

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

19 968
-
46 500
-
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.

558
-
8 717
-
surtax

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

31
-
480
-
health

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

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

3 567
-
3 567
-
total
4 156
-
12 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 532
46 500
-
-
income
3 980
6 975
-
-
surtax

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

219
383
-
-
trade
4 179
7 323
-
-
chamber of commerce
117
146
-
-
total
8 495
14 827
-
-
Dividends
18 038
31 673
-
-
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.

237
425
-
-
withholding
4 311
7 720
-
-
total
4 548
8 145
-
-
Income
46 500
46 500
46 500
46 500
Total tax
17 199
22 972
12 764
16 265
After tax
29 301
23 528
33 736
30 235
Living cost
15 813
15 813
15 813
15 813
Free-cash
13 488
7 715
17 923
14 422

Estimated living cost  is ₴15813 per week

₴9947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴3727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴732
-₴1325
₴84
₴449
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
-
-
-
46 500
municipal
-
-
-
4 727
national
-
-
-
7 325
pensions
-
-
-
5 580
social contributions
-
-
-
500
total
-
-
-
18 132
Employee
43 845
-
40 199
-
national
8 392
-
7 604
-
pensions
1 754
-
1 608
-
municipal
5 416
-
4 907
-
total
15 562
-
14 119
-
Employer
43 845
-
40 199
-
social contributions
471
-
432
-
pensions
3 508
-
3 216
-
total
3 979
-
3 648
-
Corporate
-
46 500
-
-
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%.

-
9 300
-
-
total
-
9 300
-
-
Dividends
-
37 200
-
-
withholding
-
8 184
-
-
total
-
8 184
-
-
Income
46 500
46 500
46 500
46 500
Total tax
19 541
17 484
17 767
18 132
After tax
26 959
29 016
28 733
28 368
Living cost
28 284
28 284
28 284
28 284
Free-cash
-1 325
732
449
84

Estimated living cost  is ₴28284 per week

₴19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴423
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.
₴6007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴26339
₴22056
₴14027
₴15414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
46 500
microenterprise
-
-
-
-
income
-
-
-
6 662
surtax
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
14 950
total
-
-
-
21 612
Employee
15 255
-
37 473
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

1 678
-
4 122
-
income
2 716
-
7 076
-
surtax
-
-
-
-
total
4 394
-
11 198
-
Employer
15 255
-
37 473
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 675
-
9 027
-
surtax
-
-
-
-
total
3 675
-
9 027
-
Corporate
27 570
46 500
-
-
income

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

5 514
9 300
-
-
total
5 514
9 300
-
-
Dividends

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

22 056
37 200
-
-
total
-
-
-
-
Income
46 500
46 500
46 500
46 500
Total tax
13 583
9 300
20 225
21 612
After tax
32 917
37 200
26 275
24 888
Living cost
10 861
10 861
10 861
10 861
Free-cash
22 056
26 339
15 414
14 027

Estimated living cost  is ₴10861 per week

₴6929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₴2411
-₴5342
₴4556
-₴5342
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
-
-
-
46 500
income
-
-
-
8 028
health
-
-
-
5 929
pensions
-
-
-
6 117
total
-
-
-
20 074
Employee
44 582
44 582
44 582
-
pensions
8 025
6 117
8 025
-
income

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

7 297
7 297
7 297
-
health
6 843
5 820
6 843
-
total
22 165
19 234
22 165
-
Employer
44 582
44 582
44 582
-
health
3 099
3 099
3 099
-
pensions
3 103
3 103
3 103
-
unemployment
1 605
1 605
1 605
-
total
7 807
7 807
7 807
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 500
46 500
46 500
46 500
Total tax
29 972
27 041
29 972
20 074
After tax
16 528
19 459
16 528
26 426
Living cost
21 870
21 870
21 870
21 870
Free-cash
-5 342
-2 411
-5 342
4 556

Estimated living cost  is ₴21870 per week

₴15499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴348
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.
₴4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴4548
₴4081
₴2506
₴3991
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
-
-
-
46 500
municipal
-
-
-
9 920
national
-
-
-
-
unemployment
-
-
-
46
accident
-
-
-
91
health
-
-
-
2 850
pensions
-
-
-
4 938
other
-
-
-
5 308
total
-
-
-
23 153
Employee
29 696
-
35 383
-
national
-
-
-
-
municipal
8 855
-
10 551
-
total
8 855
-
10 551
-
Employer
29 696
-
35 383
-
health
1 826
-
2 176
-
pensions
3 210
-
3 825
-
accident
59
-
71
-
other
3 451
-
4 111
-
unemployment
784
-
934
-
total
9 330
-
11 117
-
Corporate
7 473
46 500
-
-
income
1 644
10 230
-
-
total
1 644
10 230
-
-
Dividends
5 829
36 270
-
-
withholding
1 749
10 881
-
-
total
1 749
10 881
-
-
Income
46 500
46 500
46 500
46 500
Total tax
21 578
21 111
21 668
23 153
After tax
24 922
25 389
24 832
23 347
Living cost
20 841
20 841
20 841
20 841
Free-cash
4 081
4 548
3 991
2 506

Estimated living cost  is ₴20841 per week

₴13812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴2780
₴10114
₴9570
₴13227
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.

-
-
-
46 500
trade
-
-
-
3 657
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.

-
-
-
8 717
health

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

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

-
-
-
3 567
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.

-
-
-
480
total
-
-
-
16 421
Employee

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

26 475
-
46 500
-
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.

2 275
-
8 717
-
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.

125
-
480
-
health

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

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

3 567
-
3 567
-
total
5 967
-
12 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 025
46 500
-
-
income
3 004
6 975
-
-
surtax

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

165
383
-
-
trade
3 294
7 649
-
-
chamber of commerce
108
146
-
-
total
6 571
15 153
-
-
Dividends
13 454
31 347
-
-
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.

174
420
-
-
withholding
3 165
7 638
-
-
total
3 339
8 058
-
-
Income
46 500
46 500
46 500
46 500
Total tax
15 877
23 211
12 764
16 421
After tax
30 623
23 289
33 736
30 079
Living cost
20 509
20 509
20 509
20 509
Free-cash
10 114
2 780
13 227
9 570

Estimated living cost  is ₴20509 per week

₴13716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
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.
₴4323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴17137
₴14973
₴16832
₴16786
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
-
-
-
46 500
income
-
-
-
4 295
health
-
-
-
1 186
social contributions
-
-
-
7 254
total
-
-
-
12 735
Employee
40 144
40 144
42 215
-
social contributions
1 951
3 332
3 504
-
income
4 215
3 716
4 275
-
health
399
683
717
-
total
6 565
7 731
8 496
-
Employer
40 144
40 144
42 215
-
social contributions
1 951
3 332
3 504
-
health
435
743
781
-
total
2 386
4 075
4 285
-
Corporate
20 616
2 281
-
-
income
2 577
285
-
-
total
2 577
285
-
-
Dividends
18 039
1 996
-
-
withholding
3 066
339
-
-
total
3 066
339
-
-
Income
46 500
46 500
46 500
46 500
Total tax
14 594
12 430
12 781
12 735
After tax
31 906
34 070
33 719
33 765
Living cost
16 933
16 933
16 933
16 933
Free-cash
14 973
17 137
16 786
16 832

Estimated living cost  is ₴16933 per week

₴11575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴16011
₴16224
₴21992
₴16736
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
-
-
-
46 500
unemployment
-
-
-
698
income
-
-
-
5 685
health
-
-
-
3 255
pensions
-
-
-
4 650
total
-
-
-
14 288
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.

14 753
5 872
38 912
-
pensions
1 475
587
3 891
-
unemployment
221
88
584
-
income
1 804
718
4 757
-
health
1 033
411
2 724
-
total
4 533
1 804
11 956
-
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.

14 753
5 872
38 912
-
pensions
2 877
1 145
7 588
-
total
2 877
1 145
7 588
-
Corporate
28 870
39 484
-
-
income
2 598
3 554
-
-
total
2 598
3 554
-
-
Dividends
26 272
35 930
-
-
social contributions
5 056
6 939
-
-
withholding
4 992
6 827
-
-
total
10 048
13 766
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 056
20 269
19 544
14 288
After tax
26 444
26 231
26 956
32 212
Living cost
10 220
10 220
10 220
10 220
Free-cash
16 224
16 011
16 736
21 992

Estimated living cost  is ₴10220 per week

₴6974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴24590
₴21347
₴12314
₴14192
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
-
-
-
46 500
income
-
-
-
6 231
health
-
-
-
6 045
pensions
-
-
-
9 300
total
-
-
-
21 576
Employee
14 810
-
34 753
-
pensions
296
-
695
-
unemployment
237
-
556
-
income
1 667
-
6 700
-
total
2 200
-
7 951
-
Employer
14 810
-
34 753
-
health
1 925
-
4 518
-
pensions
2 962
-
6 951
-
unemployment
119
-
278
-
total
5 006
-
11 747
-
Corporate
26 684
46 500
-
-
income
5 337
9 300
-
-
total
5 337
9 300
-
-
Dividends
21 347
37 200
-
-
total
-
-
-
-
Income
46 500
46 500
46 500
46 500
Total tax
12 543
9 300
19 698
21 576
After tax
33 957
37 200
26 802
24 924
Living cost
12 610
12 610
12 610
12 610
Free-cash
21 347
24 590
14 192
12 314

Estimated living cost  is ₴12610 per week

₴8649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴7630
₴2019
₴20552
₴12290
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
-
-
-
46 500
accident
-
-
-
131
income
-
-
-
10 944
health
-
-
-
1 130
pensions
-
-
-
2 155
other
-
-
-
192
total
-
-
-
14 552
Employee
17 926
-
39 179
-
pensions
2 019
-
3 952
-
income
2 459
-
7 055
-
health
2 053
-
4 486
-
total
6 531
-
15 493
-
Employer
17 926
-
39 179
-
pensions
2 915
-
5 707
-
accident
299
-
654
-
unemployment
439
-
960
-
total
3 653
-
7 321
-
Corporate
24 920
46 500
-
-
income

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

22 428
41 850
-
-
total
22 428
41 850
-
-
Dividends
2 492
4 650
-
-
withholding
473
884
-
-
total
473
884
-
-
Income
46 500
46 500
46 500
46 500
Total tax
33 085
42 734
22 814
14 552
After tax
13 415
3 766
23 686
31 948
Living cost
11 396
11 396
11 396
11 396
Free-cash
2 019
-7 630
12 290
20 552

Estimated living cost  is ₴11396 per week

₴8352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴39691
₴38850
₴41551
₴32716
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%.

-
-
-
46 500
microenterprise

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

-
-
-
465
total
-
-
-
465
Employee
5 604
-
46 500
-
income
1 121
-
9 300
-
total
1 121
-
9 300
-
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%.

40 896
46 500
-
-
total
-
-
-
-
Dividends
40 896
46 500
-
-
withholding
2 045
2 325
-
-
total
2 045
2 325
-
-
Income
46 500
46 500
46 500
46 500
Total tax
3 166
2 325
9 300
465
After tax
43 334
44 175
37 200
46 035
Living cost
4 484
4 484
4 484
4 484
Free-cash
38 850
39 691
32 716
41 551

Estimated living cost  is ₴4484 per week

₴2779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
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.
₴1209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴20252
₴16726
₴11269
₴13342
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
-
-
-
46 500
income
-
-
-
5 907
health
-
-
-
2 046
pensions

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

-
-
-
11 159
other
-
-
-
2 208
total
-
-
-
21 320
Employee
18 956
-
37 140
-
pensions

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

1 327
-
2 601
-
unemployment
189
-
372
-
income
3 263
-
6 393
-
health
266
-
520
-
total
5 045
-
9 886
-
Employer
18 956
-
37 140
-
health
266
-
520
-
pensions

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

3 223
-
6 314
-
accident
152
-
297
-
other
948
-
1 858
-
unemployment
189
-
372
-
total
4 778
-
9 361
-
Corporate
22 767
46 500
-
-
income
4 781
9 765
-
-
total
4 781
9 765
-
-
Dividends
17 986
36 735
-
-
withholding
1 259
2 572
-
-
total
1 259
2 572
-
-
Income
46 500
46 500
46 500
46 500
Total tax
15 863
12 337
19 247
21 320
After tax
30 637
34 163
27 253
25 180
Living cost
13 911
13 911
13 911
13 911
Free-cash
16 726
20 252
13 342
11 269

Estimated living cost  is ₴13911 per week

₴9829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴939
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.
₴2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₴330
-₴10082
-₴617
-₴5850
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
-
-
-
46 500
income
-
-
-
8 639
pensions
-
-
-
3 307
total
-
-
-
11 946
Employee
49 761
-
41 047
-
pensions
4 801
-
3 755
-
income
8 970
-
7 330
-
health
820
-
642
-
total
14 591
-
11 727
-
Employer
49 761
-
41 047
-
health
945
-
779
-
pensions
5 875
-
4 673
-
total
6 820
-
5 452
-
Corporate
-
46 500
-
-
income

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

-
8 834
-
-
total
-
8 834
-
-
Dividends
-
37 666
-
-
withholding
-
2 825
-
-
total
-
2 825
-
-
Income
46 500
46 500
46 500
46 500
Total tax
21 411
11 659
17 179
11 946
After tax
25 089
34 841
29 321
34 554
Living cost
35 171
35 171
35 171
35 171
Free-cash
-10 082
-330
-5 850
-617

Estimated living cost  is ₴35171 per week

₴26354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₴32872
₴30432
₴27741
₴29067
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
-
-
-
46 500
unemployment
-
-
-
73
income
-
-
-
6 975
health
-
-
-
2 110
pensions

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

-
-
-
2 715
total
-
-
-
11 873
Employee
9 118
-
42 901
-
pensions

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

801
-
1 611
-
income
912
-
4 290
-
health
419
-
844
-
accident

We are using the highest rate at 1.1%.

100
-
202
-
total
2 232
-
6 947
-
Employer
9 118
-
42 901
-
health
629
-
1 266
-
pensions

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

1 005
-
2 022
-
accident

We are using the highest rate at 1.1%.

100
-
202
-
unemployment
55
-
110
-
total
1 789
-
3 600
-
Corporate
35 592
46 500
-
-
income
3 559
4 650
-
-
total
3 559
4 650
-
-
Dividends
32 033
41 850
-
-
withholding
1 602
2 092
-
-
total
1 602
2 092
-
-
Income
46 500
46 500
46 500
46 500
Total tax
9 182
6 742
10 547
11 873
After tax
37 318
39 758
35 953
34 627
Living cost
6 886
6 886
6 886
6 886
Free-cash
30 432
32 872
29 067
27 741

Estimated living cost  is ₴6886 per week

₴4020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴9490
-₴10375
-₴2523
-₴12421
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
-
-
-
46 500
income
-
-
-
8 028
health
-
-
-
5 929
pensions
-
-
-
6 117
total
-
-
-
20 074
Employee
48 402
44 582
44 582
-
pensions
6 117
6 117
8 025
-
income

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

7 297
7 297
7 297
-
health
6 038
5 820
6 843
-
total
19 452
19 234
22 165
-
Employer
48 402
44 582
44 582
-
health
3 363
3 099
3 099
-
pensions
3 368
3 103
3 103
-
unemployment
1 743
1 605
1 605
-
total
8 474
7 807
7 807
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 500
46 500
46 500
46 500
Total tax
27 926
27 041
29 972
20 074
After tax
18 574
19 459
16 528
26 426
Living cost
28 949
28 949
28 949
28 949
Free-cash
-10 375
-9 490
-12 421
-2 523

Estimated living cost  is ₴28949 per week

₴21355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
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.
₴4677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴19015
₴14377
₴9648
₴10597
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
-
-
-
46 500
solidarity contribution
-
-
-
-
income
-
-
-
3 997
health
-
-
-
6 277
social contributions
-
-
-
13 578
total
-
-
-
23 852
Employee
19 118
-
34 701
-
social contributions
1 243
-
2 256
-
income
2 294
-
4 164
-
solidarity contribution
-
-
-
-
health
2 581
-
4 685
-
total
6 118
-
11 105
-
Employer
19 118
-
34 701
-
social contributions
4 779
-
8 675
-
health
1 721
-
3 123
-
total
6 500
-
11 798
-
Corporate
20 883
46 500
-
-
income
3 968
8 835
-
-
total
3 968
8 835
-
-
Dividends
16 915
37 665
-
-
withholding
2 537
5 650
-
-
total
2 537
5 650
-
-
Income
46 500
46 500
46 500
46 500
Total tax
19 123
14 485
22 903
23 852
After tax
27 377
32 015
23 597
22 648
Living cost
13 000
13 000
13 000
13 000
Free-cash
14 377
19 015
10 597
9 648

Estimated living cost  is ₴13000 per week

₴9030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴2781
₴54
₴2253
₴40
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
-
-
-
46 500
municipal
-
-
-
276
national
-
-
-
9 479
regional
-
-
-
503
social contributions
-
-
-
11 960
total
-
-
-
22 218
Employee
46 398
-
46 500
-
national
8 040
-
8 065
-
social contributions
15 645
-
15 680
-
municipal
246
-
247
-
regional
438
-
439
-
total
24 369
-
24 431
-
Employer
46 398
-
46 500
-
total
-
-
-
-
Corporate
102
46 500
-
-
municipal
4
1 813
-
-
nationa
25
11 160
-
-
total
29
12 973
-
-
Dividends
74
33 527
-
-
withholding
19
8 717
-
-
total
19
8 717
-
-
Income
46 500
46 500
46 500
46 500
Total tax
24 417
21 690
24 431
22 218
After tax
22 083
24 810
22 069
24 282
Living cost
22 029
22 029
22 029
22 029
Free-cash
54
2 781
40
2 253

Estimated living cost  is ₴22029 per week

₴15356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴338
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.
₴4890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴17728
₴16104
₴12989
₴12095
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
-
-
-
46 500
unemployment
-
-
-
119
income
-
-
-
8 338
health
-
-
-
3 301
surtax
-
-
-
933
pensions
-
-
-
9 300
other
-
-
-
-
total
-
-
-
21 991
Employee
17 264
-
38 414
-
pensions
1 151
-
2 562
-
unemployment
1 202
-
2 674
-
income
2 894
-
7 752
-
other
-
-
-
-
surtax
56
-
830
-
health
441
-
980
-
total
5 744
-
14 798
-
Employer
17 264
-
38 414
-
health
786
-
1 748
-
pensions
2 301
-
5 121
-
other
-
-
-
-
unemployment
547
-
1 218
-
total
3 634
-
8 087
-
Corporate
25 602
46 500
-
-
income
6 657
12 090
-
-
total
6 657
12 090
-
-
Dividends
18 945
34 410
-
-
withholding
2 841
5 162
-
-
total
2 841
5 162
-
-
Income
46 500
46 500
46 500
46 500
Total tax
18 876
17 252
22 885
21 991
After tax
27 624
29 248
23 615
24 509
Living cost
11 520
11 520
11 520
11 520
Free-cash
16 104
17 728
12 095
12 989

Estimated living cost  is ₴11520 per week

₴7044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴3147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴10813
₴6674
₴10526
₴5293
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
-
-
-
46 500
income
-
-
-
8 639
pensions
-
-
-
3 307
total
-
-
-
11 946
Employee
33 348
-
41 047
-
pensions
2 831
-
3 755
-
income
6 006
-
7 330
-
health
484
-
642
-
total
9 321
-
11 727
-
Employer
33 348
-
41 047
-
health
634
-
779
-
pensions
3 610
-
4 673
-
total
4 244
-
5 452
-
Corporate
8 908
46 500
-
-
income

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

1 692
8 834
-
-
total
1 692
8 834
-
-
Dividends
7 216
37 666
-
-
withholding
541
2 825
-
-
total
541
2 825
-
-
Income
46 500
46 500
46 500
46 500
Total tax
15 798
11 659
17 179
11 946
After tax
30 702
34 841
29 321
34 554
Living cost
24 028
24 028
24 028
24 028
Free-cash
6 674
10 813
5 293
10 526

Estimated living cost  is ₴24028 per week

₴18001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1801
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.
₴3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴19606
-₴5883
-₴1855
-₴4236
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
-
-
-
46 500
city
-
-
-
490
national
-
-
-
209
regional
-
-
-
1 445
health
-
-
-
133
pensions
-
-
-
4 278
other

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

-
-
-
930
total
-
-
-
7 485
Employee
47 829
-
41 620
-
national
226
-
177
-
city
513
-
447
-
pensions
4 018
-
3 497
-
unemployment
-
-
-
-
health
108
-
93
-
regional
1 566
-
1 230
-
total
6 431
-
5 444
-
Employer
47 829
-
41 620
-
health
108
-
93
-
pensions
4 018
-
3 497
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

956
-
832
-
unemployment
-
-
-
-
total
5 082
-
4 422
-
Corporate
-
46 500
-
-
national
-
3 952
-
-
regional
-
9 835
-
-
total
-
13 787
-
-
Dividends
-
32 713
-
-
withholding
-
11 449
-
-
total
-
11 449
-
-
Income
46 500
46 500
46 500
46 500
Total tax
11 513
25 236
9 866
7 485
After tax
34 987
21 264
36 634
39 015
Living cost
40 870
40 870
40 870
40 870
Free-cash
-5 883
-19 606
-4 236
-1 855

Estimated living cost  is ₴40870 per week

₴26577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴502
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.
₴10123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₴867
₴7599
₴6008
₴9820
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.

-
-
-
46 500
trade
-
-
-
3 812
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.

-
-
-
8 717
health

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

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

-
-
-
3 567
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.

-
-
-
480
total
-
-
-
16 576
Employee

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

31 375
-
46 500
-
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.

3 689
-
8 717
-
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.

203
-
480
-
health

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

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

3 567
-
3 567
-
total
7 459
-
12 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 125
46 500
-
-
income
2 269
6 975
-
-
surtax

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

125
383
-
-
trade
2 594
7 975
-
-
chamber of commerce
100
145
-
-
total
5 088
15 478
-
-
Dividends
10 038
31 022
-
-
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.

127
416
-
-
withholding
2 311
7 557
-
-
total
2 438
7 973
-
-
Income
46 500
46 500
46 500
46 500
Total tax
14 985
23 451
12 764
16 576
After tax
31 515
23 049
33 736
29 924
Living cost
23 916
23 916
23 916
23 916
Free-cash
7 599
-867
9 820
6 008

Estimated living cost  is ₴23916 per week

₴17467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
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.
₴4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₴5573
₴8658
₴9077
₴8992
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
-
-
-
46 500
income
-
-
-
3 622
health
-
-
-
547
surtax
-
-
-
-
pensions
-
-
-
12 624
other
-
-
-
1 442
social contributions
-
-
-
1 326
total
-
-
-
19 561
Employee
22 344
-
35 433
-
pensions
2 526
-
4 008
-
social contributions
637
-
1 010
-
income
1 319
-
3 561
-
surtax
-
-
-
-
total
4 482
-
8 579
-
Employer
22 344
-
35 433
-
social contributions
67
-
106
-
health
1 564
-
2 481
-
pensions
3 671
-
5 822
-
other
771
-
1 223
-
unemployment
905
-
1 435
-
total
6 978
-
11 067
-
Corporate
17 179
46 500
-
-
income
4 810
13 020
-
-
surtax
-
-
-
-
total
4 810
13 020
-
-
Dividends
12 369
33 480
-
-
social contributions
2 127
5 759
-
-
surtax
-
-
-
-
withholding
1 583
4 286
-
-
total
3 710
10 045
-
-
Income
46 500
46 500
46 500
46 500
Total tax
19 980
23 065
19 646
19 561
After tax
26 520
23 435
26 854
26 939
Living cost
17 862
17 862
17 862
17 862
Free-cash
8 658
5 573
8 992
9 077

Estimated living cost  is ₴17862 per week

₴11262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴7343
₴10245
₴10847
₴10762
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
-
-
-
46 500
income
-
-
-
3 622
health
-
-
-
547
surtax
-
-
-
-
pensions
-
-
-
12 624
other
-
-
-
1 442
social contributions
-
-
-
1 326
total
-
-
-
19 561
Employee
19 945
-
35 433
-
pensions
2 256
-
4 008
-
social contributions
569
-
1 010
-
income
1 028
-
3 561
-
surtax
-
-
-
-
total
3 853
-
8 579
-
Employer
19 945
-
35 433
-
social contributions
59
-
106
-
health
1 396
-
2 481
-
pensions
3 277
-
5 822
-
other
689
-
1 223
-
unemployment
807
-
1 435
-
total
6 228
-
11 067
-
Corporate
20 327
46 500
-
-
income
5 692
13 020
-
-
surtax
-
-
-
-
total
5 692
13 020
-
-
Dividends
14 635
33 480
-
-
social contributions
2 517
5 759
-
-
surtax
-
-
-
-
withholding
1 873
4 286
-
-
total
4 390
10 045
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 163
23 065
19 646
19 561
After tax
26 337
23 435
26 854
26 939
Living cost
16 092
16 092
16 092
16 092
Free-cash
10 245
7 343
10 762
10 847

Estimated living cost  is ₴16092 per week

₴9333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴17300
₴17570
₴18792
₴19169
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
-
-
-
46 500
income
-
-
-
6 975
health
-
-
-
3 246
social contributions
-
-
-
6 417
total
-
-
-
16 638
Employee
17 701
-
46 500
-
social contributions
2 443
-
6 417
-
income
2 952
-
6 598
-
health
1 235
-
3 246
-
total
6 630
-
16 261
-
Employer
17 701
-
46 500
-
total
-
-
-
-
Corporate
28 799
46 500
-
-
income

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

1 440
2 325
-
-
total
1 440
2 325
-
-
Dividends
27 359
44 175
-
-
social contributions
3 776
6 096
-
-
health
1 910
3 083
-
-
withholding
4 104
6 626
-
-
total
9 790
15 805
-
-
Income
46 500
46 500
46 500
46 500
Total tax
17 860
18 130
16 261
16 638
After tax
28 640
28 370
30 239
29 862
Living cost
11 070
11 070
11 070
11 070
Free-cash
17 570
17 300
19 169
18 792

Estimated living cost  is ₴11070 per week

₴7409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴7767
₴6958
₴5616
-₴3223
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
-
-
-
46 500
unemployment
-
-
-
3 202
income
-
-
-
6 837
chamber of commerce
-
-
-
186
health
-
-
-
3 558
surtax
-
-
-
103
pensions
-
-
-
8 602
total
-
-
-
22 488
Employee
26 090
20 805
36 028
-
pensions
2 672
2 130
3 689
-
unemployment
783
624
1 081
-
income
2 970
1 535
5 818
-
other
261
208
361
-
health
1 010
805
1 394
-
total
7 696
5 302
12 343
-
Employer
26 090
20 805
36 028
-
chamber of commerce
104
83
144
-
health
986
787
1 362
-
payroll
783
624
1 081
-
pensions
3 274
2 612
4 522
-
surtax
103
103
103
-
accident
339
270
469
-
other
1 239
988
1 711
-
unemployment
783
624
1 081
-
total
7 611
6 091
10 473
-
Corporate
12 799
19 604
34 047
-
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.

3 200
4 901
8 511
-
total
3 200
4 901
8 511
-
Dividends
9 599
14 703
-
-
withholding
2 639
4 043
-
-
total
2 639
4 043
-
-
Income
46 500
46 500
46 500
46 500
Total tax
21 146
20 337
31 327
22 488
After tax
25 354
26 163
15 173
24 012
Living cost
18 396
18 396
18 396
18 396
Free-cash
6 958
7 767
-3 223
5 616

Estimated living cost  is ₴18396 per week

₴12269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴7065
-₴1714
₴3474
-₴566
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
-
-
-
46 500
national
-
-
-
14 672
communal

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

-
-
-
2 373
social contributions
-
-
-
6 946
total
-
-
-
23 991
Employee

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

37 343
-
36 016
-
national
11 481
-
10 961
-
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.

2 801
-
2 702
-
communal

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

1 948
-
1 878
-
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.

325
-
313
-
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.

1 755
-
1 693
-
total
18 310
-
17 547
-
Employer

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

37 343
-
36 016
-
health

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

2 296
-
2 214
-
pensions

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

3 309
-
3 191
-
surtax
4 234
-
4 084
-
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.

485
-
469
-
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.

545
-
526
-
total
10 869
-
10 484
-
Corporate
-
46 500
-
-
income
-
9 300
-
-
surtax
-
186
-
-
total
-
9 486
-
-
Dividends
-
37 014
-
-
withholding

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

-
10 914
-
-
total
-
10 914
-
-
Income
46 500
46 500
46 500
46 500
Total tax
29 179
20 400
28 031
23 991
After tax
17 321
26 100
18 469
22 509
Living cost
19 035
19 035
19 035
19 035
Free-cash
-1 714
7 065
-566
3 474

Estimated living cost  is ₴19035 per week

₴12261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴12490
₴8329
₴5748
₴6077
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
-
-
-
46 500
unemployment
-
-
-
326
accident
-
-
-
418
income
-
-
-
7 947
pensions
-
-
-
13 160
other
-
-
-
47
total
-
-
-
21 898
Employee
25 987
-
35 259
-
pensions
1 222
-
1 657
-
unemployment
403
-
547
-
income
5 483
-
8 089
-
other
26
-
36
-
total
7 134
-
10 329
-
Employer
25 987
-
35 259
-
pensions
6 133
-
8 321
-
accident
514
-
698
-
other
207
-
282
-
unemployment
1 430
-
1 939
-
total
8 284
-
11 240
-
Corporate
12 230
46 500
-
-
income

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

1 835
6 975
-
-
total
1 835
6 975
-
-
Dividends
10 395
39 525
-
-
withholding
2 064
8 181
-
-
total
2 064
8 181
-
-
Income
46 500
46 500
46 500
46 500
Total tax
19 317
15 156
21 569
21 898
After tax
27 183
31 344
24 931
24 602
Living cost
18 854
18 854
18 854
18 854
Free-cash
8 329
12 490
6 077
5 748

Estimated living cost  is ₴18854 per week

₴13884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴250
-₴3039
-₴1111
₴1129
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
-
-
-
46 500
accident
-
-
-
392
income
-
-
-
3 368
communal
-
-
-
2 938
health
-
-
-
3 267
surtax
-
-
-
2 305
pensions
-
-
-
6 970
total
-
-
-
19 240
Employee
39 535
-
41 537
-
pensions
3 162
-
3 323
-
income
3 819
-
4 320
-
surtax
2 423
-
2 545
-
health
1 760
-
1 849
-
total
11 164
-
12 037
-
Employer
39 535
-
41 537
-
health
1 206
-
1 267
-
pensions
3 162
-
3 323
-
accident
356
-
373
-
total
4 724
-
4 963
-
Corporate
2 241
46 500
-
-
income
336
6 975
-
-
surtax
24
488
-
-
communal
-
3 139
-
-
total
360
10 602
-
-
Dividends
1 881
35 898
-
-
income
4 638
1 892
-
-
withholding
282
5 385
-
-
total
4 920
7 277
-
-
Income
46 500
46 500
46 500
46 500
Total tax
21 168
17 879
17 000
19 240
After tax
25 332
28 621
29 500
27 260
Living cost
28 371
28 371
28 371
28 371
Free-cash
-3 039
250
1 129
-1 111

Estimated living cost  is ₴28371 per week

₴21283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴5068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴17522
₴15861
₴12783
₴11889
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
-
-
-
46 500
unemployment
-
-
-
119
income
-
-
-
8 338
health
-
-
-
3 301
surtax
-
-
-
933
pensions
-
-
-
9 300
other
-
-
-
-
total
-
-
-
21 991
Employee
17 581
-
38 414
-
pensions
1 173
-
2 562
-
unemployment
1 224
-
2 674
-
income
2 947
-
7 752
-
other
-
-
-
-
surtax
62
-
830
-
health
449
-
980
-
total
5 855
-
14 798
-
Employer
17 581
-
38 414
-
health
800
-
1 748
-
pensions
2 344
-
5 121
-
other
-
-
-
-
unemployment
558
-
1 218
-
total
3 702
-
8 087
-
Corporate
25 217
46 500
-
-
income
6 557
12 090
-
-
total
6 557
12 090
-
-
Dividends
18 661
34 410
-
-
withholding
2 799
5 162
-
-
total
2 799
5 162
-
-
Income
46 500
46 500
46 500
46 500
Total tax
18 913
17 252
22 885
21 991
After tax
27 587
29 248
23 615
24 509
Living cost
11 726
11 726
11 726
11 726
Free-cash
15 861
17 522
11 889
12 783

Estimated living cost  is ₴11726 per week

₴7080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴10378
₴9218
₴10021
₴7819
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
-
-
-
46 500
municipal
-
-
-
276
national
-
-
-
9 479
regional
-
-
-
701
social contributions
-
-
-
11 960
total
-
-
-
22 416
Employee
28 960
-
46 500
-
national
4 588
-
8 065
-
social contributions
9 765
-
15 680
-
municipal
154
-
247
-
regional
390
-
626
-
total
14 897
-
24 618
-
Employer
28 960
-
46 500
-
total
-
-
-
-
Corporate
17 540
46 500
-
-
municipal
872
2 311
-
-
nationa
4 210
11 160
-
-
total
5 082
13 471
-
-
Dividends
12 459
33 028
-
-
withholding
3 240
8 588
-
-
total
3 240
8 588
-
-
Income
46 500
46 500
46 500
46 500
Total tax
23 219
22 059
24 618
22 416
After tax
23 281
24 441
21 882
24 084
Living cost
14 063
14 063
14 063
14 063
Free-cash
9 218
10 378
7 819
10 021

Estimated living cost  is ₴14063 per week

₴8746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴15996
₴10283
₴6629
₴7578
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
-
-
-
46 500
solidarity contribution
-
-
-
-
income
-
-
-
3 997
health
-
-
-
6 277
social contributions
-
-
-
13 578
total
-
-
-
23 852
Employee
23 558
-
34 701
-
social contributions
1 531
-
2 256
-
income
2 827
-
4 164
-
solidarity contribution
-
-
-
-
health
3 180
-
4 685
-
total
7 538
-
11 105
-
Employer
23 558
-
34 701
-
social contributions
5 889
-
8 675
-
health
2 120
-
3 123
-
total
8 009
-
11 798
-
Corporate
14 933
46 500
-
-
income
2 837
8 835
-
-
total
2 837
8 835
-
-
Dividends
12 095
37 665
-
-
withholding
1 814
5 650
-
-
total
1 814
5 650
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 198
14 485
22 903
23 852
After tax
26 302
32 015
23 597
22 648
Living cost
16 019
16 019
16 019
16 019
Free-cash
10 283
15 996
7 578
6 629

Estimated living cost  is ₴16019 per week

₴11913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2942
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴9562
₴9303
₴7459
-₴1461
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
-
-
-
46 500
unemployment
-
-
-
3 202
income
-
-
-
6 837
chamber of commerce
-
-
-
186
health
-
-
-
3 558
surtax
-
-
-
-
pensions
-
-
-
8 602
total
-
-
-
22 385
Employee
22 821
20 805
36 108
-
pensions
2 337
2 130
3 697
-
unemployment
685
624
1 083
-
income
2 033
1 535
5 842
-
other
228
208
361
-
health
883
805
1 397
-
total
6 166
5 302
12 380
-
Employer
22 821
20 805
36 108
-
chamber of commerce
91
83
145
-
health
863
787
1 365
-
payroll
685
624
1 083
-
pensions
2 864
2 612
4 532
-
surtax
-
-
-
-
accident
296
270
470
-
other
1 084
988
1 715
-
unemployment
685
624
1 083
-
total
6 568
5 988
10 393
-
Corporate
17 112
19 707
34 127
-
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.

4 278
4 927
8 532
-
total
4 278
4 927
8 532
-
Dividends
12 834
14 780
-
-
withholding
3 529
4 065
-
-
total
3 529
4 065
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 541
20 282
31 305
22 385
After tax
25 959
26 218
15 195
24 115
Living cost
16 656
16 656
16 656
16 656
Free-cash
9 303
9 562
-1 461
7 459

Estimated living cost  is ₴16656 per week

₴9991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴37188
₴35878
₴39048
₴30213
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%.

-
-
-
46 500
microenterprise

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

-
-
-
465
total
-
-
-
465
Employee
8 734
-
46 500
-
income
1 747
-
9 300
-
total
1 747
-
9 300
-
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%.

37 766
46 500
-
-
total
-
-
-
-
Dividends
37 766
46 500
-
-
withholding
1 888
2 325
-
-
total
1 888
2 325
-
-
Income
46 500
46 500
46 500
46 500
Total tax
3 635
2 325
9 300
465
After tax
42 865
44 175
37 200
46 035
Living cost
6 987
6 987
6 987
6 987
Free-cash
35 878
37 188
30 213
39 048

Estimated living cost  is ₴6987 per week

₴4728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴18012
₴13645
₴10306
₴8971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
46 500
unemployment
-
-
-
69
income
-
-
-
9 055
health
-
-
-
4 575
pensions
-
-
-
8 492
total
-
-
-
22 191
Employee

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

23 086
-
40 236
-
pensions
3 578
-
6 237
-
unemployment
33
-
56
-
income
3 981
-
8 368
-
health
1 491
-
2 600
-
total
9 083
-
17 261
-
Employer

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

23 086
-
40 236
-
health
1 538
-
2 680
-
pensions
2 043
-
3 561
-
unemployment
14
-
24
-
total
3 595
-
6 265
-
Corporate
19 820
46 500
-
-
income
3 766
8 835
-
-
total
3 766
8 835
-
-
Dividends
16 054
37 665
-
-
withholding
2 408
5 650
-
-
total
2 408
5 650
-
-
Income
46 500
46 500
46 500
46 500
Total tax
18 852
14 485
23 526
22 191
After tax
27 648
32 015
22 974
24 309
Living cost
14 003
14 003
14 003
14 003
Free-cash
13 645
18 012
8 971
10 306

Estimated living cost  is ₴14003 per week

₴9610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴3689
-₴38514
₴7533
₴14397
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
-
-
-
46 500
income
-
-
-
9 064
social contributions
-
-
-
5 301
total
-
-
-
14 365
Employee
35 275
-
-
-
social contributions
2 893
-
412
-
income
7 781
-
-
-
total
10 674
-
412
-
Employer
35 275
-
-
-
social contributions
49 738
-
7 089
-
total
49 738
-
7 089
-
Corporate
-
46 500
-
-
income
-
10 230
-
-
total
-
10 230
-
-
Dividends
-
36 270
-
-
income
-
7 979
-
-
total
-
7 979
-
-
Income
46 500
46 500
46 500
46 500
Total tax
60 412
18 209
7 501
14 365
After tax
-13 912
28 291
38 999
32 135
Living cost
24 602
24 602
24 602
24 602
Free-cash
-38 514
3 689
14 397
7 533

Estimated living cost  is ₴24602 per week

₴15963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴6012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴10074
₴9549
₴9812
₴7674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
46 500
income
-
-
-
4 154
surtax
-
-
-
-
social contributions

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

-
-
-
16 159
total
-
-
-
20 313
Employee
24 011
-
37 576
-
social contributions
2 641
-
4 133
-
income
4 994
-
9 394
-
surtax
-
-
-
-
total
7 635
-
13 527
-
Employer
24 011
-
37 576
-
social contributions
5 703
-
8 924
-
total
5 703
-
8 924
-
Corporate
16 787
46 500
-
-
income
3 525
9 765
-
-
surtax
-
-
-
-
total
3 525
9 765
-
-
Dividends
13 262
36 735
-
-
withholding
3 713
10 286
-
-
total
3 713
10 286
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 576
20 051
22 451
20 313
After tax
25 924
26 449
24 049
26 187
Living cost
16 375
16 375
16 375
16 375
Free-cash
9 549
10 074
7 674
9 812

Estimated living cost  is ₴16375 per week

₴12252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₴1780
₴1808
₴1724
₴1639
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
-
-
-
46 500
income
-
-
-
3 622
health
-
-
-
547
surtax
-
-
-
-
pensions
-
-
-
12 624
other
-
-
-
1 442
social contributions
-
-
-
1 326
total
-
-
-
19 561
Employee
32 698
-
35 433
-
pensions
3 698
-
4 008
-
social contributions
931
-
1 010
-
income
2 853
-
3 561
-
surtax
-
-
-
-
total
7 482
-
8 579
-
Employer
32 698
-
35 433
-
social contributions
98
-
106
-
health
2 289
-
2 481
-
pensions
5 373
-
5 822
-
other
1 128
-
1 223
-
unemployment
1 325
-
1 435
-
total
10 213
-
11 067
-
Corporate
3 590
46 500
-
-
income
1 006
13 020
-
-
surtax
-
-
-
-
total
1 006
13 020
-
-
Dividends
2 584
33 480
-
-
social contributions
445
5 759
-
-
surtax
-
-
-
-
withholding
331
4 286
-
-
total
776
10 045
-
-
Income
46 500
46 500
46 500
46 500
Total tax
19 477
23 065
19 646
19 561
After tax
27 023
23 435
26 854
26 939
Living cost
25 215
25 215
25 215
25 215
Free-cash
1 808
-1 780
1 639
1 724

Estimated living cost  is ₴25215 per week

₴17065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴346
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.
₴5741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴26157
₴24402
₴19953
₴21257
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
-
-
-
46 500
income
-
-
-
624
social contributions
-
-
-
10 230
total
-
-
-
10 854
Employee
16 784
-
40 259
-
social contributions
1 091
-
2 616
-
income
-
-
693
-
total
1 091
-
3 309
-
Employer
16 784
-
40 259
-
social contributions
2 602
-
6 241
-
total
2 602
-
6 241
-
Corporate
27 115
46 500
-
-
income
2 712
4 650
-
-
total
2 712
4 650
-
-
Dividends
24 403
41 850
-
-
total
-
-
-
-
Income
46 500
46 500
46 500
46 500
Total tax
6 405
4 650
9 550
10 854
After tax
40 095
41 850
36 950
35 646
Living cost
15 693
15 693
15 693
15 693
Free-cash
24 402
26 157
21 257
19 953

Estimated living cost  is ₴15693 per week

₴10147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴67026
-₴67026
₴4022
-₴67026
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
-
-
-
46 500
municipal
-
-
-
8 402
national
-
-
-
4 846
labour market
-
-
-
3 684
pensions
-
-
-
452
total
-
-
-
17 384
Employee
105 916
105 916
105 916
-
national
12 940
12 940
12 940
-
pensions
151
151
151
-
municipal
22 554
22 554
22 554
-
labour market
8 461
8 461
8 461
-
total
44 106
44 106
44 106
-
Employer
105 916
105 916
105 916
-
municipal
22 590
22 590
22 590
-
labour market
8 473
8 473
8 473
-
national
12 962
12 962
12 962
-
pensions
301
301
301
-
total
44 326
44 326
44 326
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 500
46 500
46 500
46 500
Total tax
88 432
88 432
88 432
17 384
After tax
-41 932
-41 932
-41 932
29 116
Living cost
25 094
25 094
25 094
25 094
Free-cash
-67 026
-67 026
-67 026
4 022

Estimated living cost  is ₴25094 per week

₴17175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴386
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.
₴5314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴7462
₴2044
₴20720
₴12458
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
-
-
-
46 500
accident
-
-
-
131
income
-
-
-
10 944
health
-
-
-
1 130
pensions
-
-
-
2 155
other
-
-
-
192
total
-
-
-
14 552
Employee
17 662
-
39 179
-
pensions
1 989
-
3 952
-
income
2 423
-
7 055
-
health
2 022
-
4 486
-
total
6 434
-
15 493
-
Employer
17 662
-
39 179
-
pensions
2 872
-
5 707
-
accident
295
-
654
-
unemployment
433
-
960
-
total
3 600
-
7 321
-
Corporate
25 238
46 500
-
-
income

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

22 714
41 850
-
-
total
22 714
41 850
-
-
Dividends
2 524
4 650
-
-
withholding
480
884
-
-
total
480
884
-
-
Income
46 500
46 500
46 500
46 500
Total tax
33 228
42 734
22 814
14 552
After tax
13 272
3 766
23 686
31 948
Living cost
11 228
11 228
11 228
11 228
Free-cash
2 044
-7 462
12 458
20 720

Estimated living cost  is ₴11228 per week

₴8173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴640
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.
₴2204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴11311
₴9585
₴13616
₴6937
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

-
-
-
46 500
municipal
-
-
-
8 280
national
-
-
-
4 063
health
-
-
-
498
total
-
-
-
12 841
Employee
27 467
-
39 118
-
national
454
-
2 136
-
pensions
1 854
-
2 640
-
unemployment
412
-
587
-
municipal
4 499
-
6 391
-
health
205
-
384
-
total
7 424
-
12 138
-
Employer
27 467
-
39 118
-
health
211
-
301
-
pensions
4 765
-
6 787
-
accident
28
-
39
-
unemployment
178
-
255
-
total
5 182
-
7 382
-
Corporate
13 851
46 500
-
-
income
2 770
9 300
-
-
total
2 770
9 300
-
-
Dividends

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

8 311
27 900
-
-
municipal
1 496
5 022
-
-
national
-
824
-
-
total
1 496
5 846
-
-
Income
46 500
46 500
46 500
46 500
Total tax
16 872
15 146
19 520
12 841
After tax
29 628
31 354
26 980
33 659
Living cost
20 043
20 043
20 043
20 043
Free-cash
9 585
11 311
6 937
13 616

Estimated living cost  is ₴20043 per week

₴13092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
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.
₴4705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴21983
₴19142
₴21678
₴21632
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
-
-
-
46 500
income
-
-
-
4 295
health
-
-
-
1 186
social contributions
-
-
-
7 254
total
-
-
-
12 735
Employee
40 144
40 144
42 215
-
social contributions
1 518
3 332
3 504
-
income
4 371
3 716
4 275
-
health
311
683
717
-
total
6 200
7 731
8 496
-
Employer
40 144
40 144
42 215
-
social contributions
1 518
3 332
3 504
-
health
338
743
781
-
total
1 856
4 075
4 285
-
Corporate
26 357
2 281
-
-
income
3 295
285
-
-
total
3 295
285
-
-
Dividends
23 062
1 996
-
-
withholding
3 920
339
-
-
total
3 920
339
-
-
Income
46 500
46 500
46 500
46 500
Total tax
15 271
12 430
12 781
12 735
After tax
31 229
34 070
33 719
33 765
Living cost
12 087
12 087
12 087
12 087
Free-cash
19 142
21 983
21 632
21 678

Estimated living cost  is ₴12087 per week

₴7244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴3390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴30218
₴27564
₴28631
₴20411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
46 500
unemployment
-
-
-
15
income
-
-
-
4 355
health
-
-
-
1 889
pensions
-
-
-
3 321
total
-
-
-
9 580
Employee

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

11 983
-
42 158
-
pensions
1 797
-
6 324
-
unemployment
59
-
211
-
income
819
-
3 340
-
health
1 018
-
3 583
-
total
3 693
-
13 458
-
Employer

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

11 983
-
42 158
-
health
515
-
1 813
-
pensions
659
-
2 318
-
unemployment
59
-
211
-
total
1 233
-
4 342
-
Corporate
33 283
46 500
-
-
income
2 996
4 185
-
-
total
2 996
4 185
-
-
Dividends
30 288
42 315
-
-
withholding
2 725
3 808
-
-
total
2 725
3 808
-
-
Income
46 500
46 500
46 500
46 500
Total tax
10 647
7 993
17 800
9 580
After tax
35 853
38 507
28 700
36 920
Living cost
8 289
8 289
8 289
8 289
Free-cash
27 564
30 218
20 411
28 631

Estimated living cost  is ₴8289 per week

₴5288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴16988
₴14250
₴10246
₴10575
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
-
-
-
46 500
unemployment
-
-
-
326
accident
-
-
-
418
income
-
-
-
7 947
pensions
-
-
-
13 160
other
-
-
-
47
total
-
-
-
21 898
Employee
19 304
-
35 259
-
pensions
907
-
1 657
-
unemployment
299
-
547
-
income
3 722
-
8 089
-
other
19
-
36
-
total
4 947
-
10 329
-
Employer
19 304
-
35 259
-
pensions
4 555
-
8 321
-
accident
382
-
698
-
other
155
-
282
-
unemployment
1 062
-
1 939
-
total
6 154
-
11 240
-
Corporate
21 042
46 500
-
-
income

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

3 156
6 975
-
-
total
3 156
6 975
-
-
Dividends
17 886
39 525
-
-
withholding
3 637
8 181
-
-
total
3 637
8 181
-
-
Income
46 500
46 500
46 500
46 500
Total tax
17 894
15 156
21 569
21 898
After tax
28 606
31 344
24 931
24 602
Living cost
14 356
14 356
14 356
14 356
Free-cash
14 250
16 988
10 575
10 246

Estimated living cost  is ₴14356 per week

₴9690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴28133
₴27989
₴28824
₴28762
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
-
-
-
46 500
income
-
-
-
15 682
health
-
-
-
467
pensions
-
-
-
644
total
-
-
-
16 793
Employee
1 346
-
45 775
-
pensions
121
-
290
-
unemployment
13
-
32
-
income
260
-
15 648
-
health
67
-
161
-
total
461
-
16 131
-
Employer
1 346
-
45 775
-
health
128
-
306
-
pensions
148
-
354
-
unemployment
27
-
64
-
total
303
-
724
-
Corporate
44 852
46 500
-
-
income
9 867
10 230
-
-
total
9 867
10 230
-
-
Dividends
34 984
36 270
-
-
withholding
6 997
7 254
-
-
total
6 997
7 254
-
-
Income
46 500
46 500
46 500
46 500
Total tax
17 628
17 484
16 855
16 793
After tax
28 872
29 016
29 645
29 707
Living cost
883
883
883
883
Free-cash
27 989
28 133
28 762
28 824

Estimated living cost  is ₴883 per week

₴525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴72
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴20
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.
₴267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴24579
₴22014
₴14901
₴14901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
46 500
unemployment
-
-
-
578
income
-
-
-
8 017
health
-
-
-
3 969
pensions
-
-
-
10 018
total
-
-
-
22 582
Employee

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

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

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

13 597
-
39 603
-
pensions
1 904
-
5 395
-
unemployment
102
-
289
-
income
1 874
-
8 017
-
health
700
-
1 984
-
total
4 580
-
15 685
-
Employer

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

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

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

13 597
-
39 603
-
health
700
-
1 984
-
pensions
1 632
-
4 624
-
unemployment
102
-
289
-
total
2 434
-
6 897
-
Corporate
30 469
46 500
-
-
income
4 570
6 975
-
-
total
4 570
6 975
-
-
Dividends
25 899
39 525
-
-
withholding
3 885
5 929
-
-
total
3 885
5 929
-
-
Income
46 500
46 500
46 500
46 500
Total tax
15 469
12 904
22 582
22 582
After tax
31 031
33 596
23 918
23 918
Living cost
9 017
9 017
9 017
9 017
Free-cash
22 014
24 579
14 901
14 901

Estimated living cost  is ₴9017 per week

₴6071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴12375
₴12186
₴12113
₴9975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
46 500
income
-
-
-
4 154
surtax
-
-
-
-
social contributions

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

-
-
-
16 159
total
-
-
-
20 313
Employee
20 262
-
37 576
-
social contributions
2 229
-
4 133
-
income
3 959
-
9 394
-
surtax
-
-
-
-
total
6 188
-
13 527
-
Employer
20 262
-
37 576
-
social contributions
4 812
-
8 924
-
total
4 812
-
8 924
-
Corporate
21 426
46 500
-
-
income
4 500
9 765
-
-
surtax
-
-
-
-
total
4 500
9 765
-
-
Dividends
16 926
36 735
-
-
withholding
4 740
10 286
-
-
total
4 740
10 286
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 240
20 051
22 451
20 313
After tax
26 260
26 449
24 049
26 187
Living cost
14 074
14 074
14 074
14 074
Free-cash
12 186
12 375
9 975
12 113

Estimated living cost  is ₴14074 per week

₴9969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴978
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.
₴2879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴12996
₴9015
₴6254
₴6583
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
-
-
-
46 500
unemployment
-
-
-
326
accident
-
-
-
418
income
-
-
-
7 947
pensions
-
-
-
13 160
other
-
-
-
47
total
-
-
-
21 898
Employee
25 213
-
35 259
-
pensions
1 185
-
1 657
-
unemployment
390
-
547
-
income
5 266
-
8 089
-
other
25
-
36
-
total
6 866
-
10 329
-
Employer
25 213
-
35 259
-
pensions
5 950
-
8 321
-
accident
499
-
698
-
other
202
-
282
-
unemployment
1 387
-
1 939
-
total
8 038
-
11 240
-
Corporate
13 248
46 500
-
-
income

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

1 987
6 975
-
-
total
1 987
6 975
-
-
Dividends
11 261
39 525
-
-
withholding
2 246
8 181
-
-
total
2 246
8 181
-
-
Income
46 500
46 500
46 500
46 500
Total tax
19 137
15 156
21 569
21 898
After tax
27 363
31 344
24 931
24 602
Living cost
18 348
18 348
18 348
18 348
Free-cash
9 015
12 996
6 583
6 254

Estimated living cost  is ₴18348 per week

₴13176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴30723
₴27523
₴25592
₴26918
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
-
-
-
46 500
unemployment
-
-
-
73
income
-
-
-
6 975
health
-
-
-
2 110
pensions

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

-
-
-
2 715
total
-
-
-
11 873
Employee
11 964
-
42 901
-
pensions

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

1 050
-
1 611
-
income
1 197
-
4 290
-
health
550
-
844
-
accident

We are using the highest rate at 1.1%.

131
-
202
-
total
2 928
-
6 947
-
Employer
11 964
-
42 901
-
health
826
-
1 266
-
pensions

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

1 318
-
2 022
-
accident

We are using the highest rate at 1.1%.

131
-
202
-
unemployment
72
-
110
-
total
2 347
-
3 600
-
Corporate
32 189
46 500
-
-
income
3 219
4 650
-
-
total
3 219
4 650
-
-
Dividends
28 970
41 850
-
-
withholding
1 448
2 092
-
-
total
1 448
2 092
-
-
Income
46 500
46 500
46 500
46 500
Total tax
9 942
6 742
10 547
11 873
After tax
36 558
39 758
35 953
34 627
Living cost
9 035
9 035
9 035
9 035
Free-cash
27 523
30 723
26 918
25 592

Estimated living cost  is ₴9035 per week

₴5976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
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.
₴2327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴3851
₴10681
₴10391
₴13581
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.

-
-
-
46 500
trade
-
-
-
3 190
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.

-
-
-
8 717
health

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

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

-
-
-
3 567
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.

-
-
-
480
total
-
-
-
15 954
Employee

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

25 976
-
46 500
-
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.

2 136
-
8 717
-
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.

118
-
480
-
health

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

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

3 567
-
3 567
-
total
5 821
-
12 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 524
46 500
-
-
income
3 078
6 975
-
-
surtax

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

169
383
-
-
trade
2 945
6 672
-
-
chamber of commerce
109
148
-
-
total
6 301
14 178
-
-
Dividends
14 222
32 322
-
-
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.

184
434
-
-
withholding
3 358
7 882
-
-
total
3 542
8 316
-
-
Income
46 500
46 500
46 500
46 500
Total tax
15 664
22 494
12 764
15 954
After tax
30 836
24 006
33 736
30 546
Living cost
20 155
20 155
20 155
20 155
Free-cash
10 681
3 851
13 581
10 391

Estimated living cost  is ₴20155 per week

₴13904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₴2810
₴3963
₴2775
₴2775
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
-
-
-
46 500
income
-
-
-
9 971
social contributions
-
-
-
4 015
total
-
-
-
13 986
Employee
40 837
-
46 500
-
social contributions
3 393
-
4 015
-
income
7 706
-
9 971
-
total
11 099
-
13 986
-
Employer
40 837
-
46 500
-
total
-
-
-
-
Corporate
5 663
46 500
-
-
income
708
5 813
-
-
total
708
5 813
-
-
Dividends
4 955
40 687
-
-
withholding
991
8 138
-
-
total
991
8 138
-
-
Income
46 500
46 500
46 500
46 500
Total tax
12 798
13 951
13 986
13 986
After tax
33 702
32 549
32 514
32 514
Living cost
29 739
29 739
29 739
29 739
Free-cash
3 963
2 810
2 775
2 775

Estimated living cost  is ₴29739 per week

₴22625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴8516
₴11132
₴9460
₴15112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
46 500
income
-
-
-
14 861
health

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

-
-
-
3 228
total
-
-
-
18 089
Employee
23 949
-
44 099
-
social contributions
2 400
-
2 401
-
income
2 599
-
7 635
-
total
4 999
-
10 036
-
Employer
23 949
-
44 099
-
social contributions
2 400
-
2 401
-
total
2 400
-
2 401
-
Corporate
20 151
46 500
-
-
income
7 053
16 275
-
-
total
7 053
16 275
-
-
Dividends
13 098
30 225
-
-
social contributions
1 965
2 758
-
-
total
1 965
2 758
-
-
Income
46 500
46 500
46 500
46 500
Total tax
16 417
19 033
12 437
18 089
After tax
30 083
27 467
34 063
28 411
Living cost
18 951
18 951
18 951
18 951
Free-cash
11 132
8 516
15 112
9 460

Estimated living cost  is ₴18951 per week

₴12483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴15307
₴12338
₴15020
₴9787
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
-
-
-
46 500
income
-
-
-
8 639
pensions
-
-
-
3 307
total
-
-
-
11 946
Employee
26 813
-
41 047
-
pensions
2 046
-
3 755
-
income
4 883
-
7 330
-
health
350
-
642
-
total
7 279
-
11 727
-
Employer
26 813
-
41 047
-
health
510
-
779
-
pensions
2 709
-
4 673
-
total
3 219
-
5 452
-
Corporate
16 469
46 500
-
-
income

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

3 129
8 834
-
-
total
3 129
8 834
-
-
Dividends
13 339
37 666
-
-
withholding
1 001
2 825
-
-
total
1 001
2 825
-
-
Income
46 500
46 500
46 500
46 500
Total tax
14 628
11 659
17 179
11 946
After tax
31 872
34 841
29 321
34 554
Living cost
19 534
19 534
19 534
19 534
Free-cash
12 338
15 307
9 787
15 020

Estimated living cost  is ₴19534 per week

₴13400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴4092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴8573
₴1874
₴19609
₴11347
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
-
-
-
46 500
accident
-
-
-
131
income
-
-
-
10 944
health
-
-
-
1 130
pensions
-
-
-
2 155
other
-
-
-
192
total
-
-
-
14 552
Employee
19 410
-
39 179
-
pensions
2 186
-
3 952
-
income
2 663
-
7 055
-
health
2 222
-
4 486
-
total
7 071
-
15 493
-
Employer
19 410
-
39 179
-
pensions
3 156
-
5 707
-
accident
324
-
654
-
unemployment
475
-
960
-
total
3 955
-
7 321
-
Corporate
23 134
46 500
-
-
income

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

20 821
41 850
-
-
total
20 821
41 850
-
-
Dividends
2 313
4 650
-
-
withholding
440
884
-
-
total
440
884
-
-
Income
46 500
46 500
46 500
46 500
Total tax
32 287
42 734
22 814
14 552
After tax
14 213
3 766
23 686
31 948
Living cost
12 339
12 339
12 339
12 339
Free-cash
1 874
-8 573
11 347
19 609

Estimated living cost  is ₴12339 per week

₴9056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₴32470
₴29931
₴19680
₴20981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
46 500
unemployment
-
-
-
558
health insurance
-
-
-
3 441
income
-
-
-
6 978
work injury
-
-
-
232
pensions
-
-
-
8 556
total
-
-
-
19 765
Employee

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

11 288
-
46 500
-
work injury
56
-
209
-
pensions
2 077
-
7 685
-
unemployment
135
-
501
-
income
1 129
-
6 978
-
health insurance
835
-
3 091
-
total
4 232
-
18 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 212
46 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
35 212
46 500
-
-
withholding
5 282
6 975
-
-
total
5 282
6 975
-
-
Income
46 500
46 500
46 500
46 500
Total tax
9 514
6 975
18 464
19 765
After tax
36 986
39 525
28 036
26 735
Living cost
7 055
7 055
7 055
7 055
Free-cash
29 931
32 470
20 981
19 680

Estimated living cost  is ₴7055 per week

₴4371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₴3696
₴1320
₴3076
₴950
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
-
-
-
46 500
municipal
-
-
-
311
national
-
-
-
9 479
regional
-
-
-
876
social contributions
-
-
-
11 960
total
-
-
-
22 626
Employee
43 992
-
46 500
-
national
7 434
-
8 065
-
social contributions
14 834
-
15 680
-
municipal
263
-
277
-
regional
664
-
730
-
total
23 195
-
24 752
-
Employer
43 992
-
46 500
-
total
-
-
-
-
Corporate
2 508
46 500
-
-
municipal
121
2 241
-
-
nationa
601
11 160
-
-
total
722
13 401
-
-
Dividends
1 785
33 099
-
-
withholding
465
8 605
-
-
total
465
8 605
-
-
Income
46 500
46 500
46 500
46 500
Total tax
24 382
22 006
24 752
22 626
After tax
22 118
24 494
21 748
23 874
Living cost
20 798
20 798
20 798
20 798
Free-cash
1 320
3 696
950
3 076

Estimated living cost  is ₴20798 per week

₴14609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close