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

Valencia , Spain
₴21341
₴16541
₴17817
₴22722
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
-
-
-
197
income
-
-
-
11 874
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 972
total
-
-
-
20 325
Employee
11 238
-
37 519
-
unemployment
174
-
437
-
pensions
528
-
1 324
-
income
2 167
-
10 831
-
other
11
-
28
-
total
2 880
-
12 620
-
Employer
11 238
-
37 519
-
pensions
2 652
-
6 648
-
accident
223
-
558
-
unemployment
618
-
1 549
-
other
90
-
226
-
total
3 583
-
8 981
-
Corporate
31 679
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.

4 752
6 975
-
-
total
4 752
6 975
-
-
Dividends
26 928
39 525
-
-
withholding
5 586
8 445
-
-
total
5 586
8 445
-
-
Income
46 500
46 500
46 500
46 500
Total tax
16 801
15 420
21 601
20 325
After tax
29 699
31 080
24 899
26 175
Living cost
8 358
8 358
8 358
8 358
Free-cash
21 341
22 722
16 541
17 817

Estimated living cost  is ₴8358 per week

₴5641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1767
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
Bratislava , Slovakia
₴24013
₴18426
₴16572
₴26065
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
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.

-
-
-
11 092
income
-
-
-
6 509
other
-
-
-
2 195
health
-
-
-
2 034
total
-
-
-
21 830
Employee
11 035
-
37 140
-
health
155
-
520
-
unemployment
110
-
371
-
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.

772
-
2 600
-
income
1 900
-
7 126
-
total
2 937
-
10 617
-
Employer
11 035
-
37 140
-
health
155
-
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.

1 876
-
6 314
-
accident
88
-
297
-
unemployment
110
-
371
-
other
552
-
1 857
-
total
2 781
-
9 359
-
Corporate
32 684
46 500
-
-
income
6 863
9 765
-
-
total
6 863
9 765
-
-
Dividends
25 820
36 735
-
-
withholding
1 808
2 572
-
-
total
1 808
2 572
-
-
Income
46 500
46 500
46 500
46 500
Total tax
14 389
12 337
19 976
21 830
After tax
32 111
34 163
26 524
24 670
Living cost
8 098
8 098
8 098
8 098
Free-cash
24 013
26 065
18 426
16 572

Estimated living cost  is ₴8098 per week

₴5722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
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.
₴1699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴34366
₴34459
₴32712
₴35776
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
pensions

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

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
6 975
health
-
-
-
1 220
total
-
-
-
9 807
Employee
5 271
-
44 419
-
health
242
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
931
-
income
527
-
4 442
-
total
1 290
-
5 978
-
Employer
5 271
-
44 419
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
40 194
46 500
-
-
income
4 019
4 650
-
-
total
4 019
4 650
-
-
Dividends
36 175
41 850
-
-
withholding
1 809
2 093
-
-
total
1 809
2 093
-
-
Income
46 500
46 500
46 500
46 500
Total tax
8 153
6 743
8 060
9 807
After tax
38 347
39 757
38 440
36 693
Living cost
3 981
3 981
3 981
3 981
Free-cash
34 366
35 776
34 459
32 712

Estimated living cost  is ₴3981 per week

₴2324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴105
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.
₴1267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴14832
₴15943
₴15921
₴13038
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
-
-
-
6 707
other
-
-
-
1 441
health
-
-
-
1 746
social contributions
-
-
-
1 325
pensions
-
-
-
8 962
surtax
-
-
-
-
total
-
-
-
20 181
Employee
13 007
-
36 425
-
pensions
1 471
-
2 351
-
income
768
-
6 695
-
social contributions
371
-
1 038
-
surtax
-
-
-
-
total
2 610
-
10 084
-
Employer
13 007
-
36 425
-
health
911
-
3 156
-
social contributions
39
-
109
-
pensions
2 137
-
3 992
-
unemployment
527
-
1 475
-
other
449
-
1 343
-
total
4 063
-
10 075
-
Corporate
29 430
46 500
-
-
income
8 241
13 020
-
-
surtax
-
-
-
-
total
8 241
13 020
-
-
Dividends
21 190
33 480
-
-
social contributions
3 644
5 759
-
-
surtax
-
-
-
-
withholding
2 712
4 285
-
-
total
6 356
10 044
-
-
Income
46 500
46 500
46 500
46 500
Total tax
21 270
23 064
20 159
20 181
After tax
25 230
23 436
26 341
26 319
Living cost
10 398
10 398
10 398
10 398
Free-cash
14 832
13 038
15 943
15 921

Estimated living cost  is ₴10398 per week

₴6557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴8323
₴15556
₴13429
₴10187
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
pensions
-
-
-
3 561
income
-
-
-
13 030
health
-
-
-
3 748
total
-
-
-
20 339
Employee
25 954
25 954
40 852
-
health
3 984
3 388
3 748
-
pensions
4 672
3 561
3 561
-
income

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

4 248
4 248
5 255
-
total
12 904
11 197
12 564
-
Employer
25 954
25 954
40 852
-
health
1 804
1 804
2 242
-
pensions
1 806
1 806
2 245
-
unemployment
934
934
1 161
-
total
4 544
4 544
5 648
-
Corporate
16 320
16 001
-
-
income
3 264
3 200
-
-
total
3 264
3 200
-
-
Dividends
13 056
12 801
-
-
income
2 774
2 720
-
-
withholding
1 959
1 920
-
-
total
4 733
4 640
-
-
Income
46 500
46 500
46 500
46 500
Total tax
25 445
23 581
18 212
20 339
After tax
21 055
22 919
28 288
26 161
Living cost
12 732
12 732
12 732
12 732
Free-cash
8 323
10 187
15 556
13 429

Estimated living cost  is ₴12732 per week

₴9023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2359
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
Dresden , Germany
₴17620
₴20878
₴15780
₴14258
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
-
-
-
5 098
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.

-
-
-
13 593
health

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

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

-
-
-
2 076
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.

-
-
-
747
total
-
-
-
21 514
Employee

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

11 624
-
46 500
-
health

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

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

2 076
-
2 076
-
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.

325
-
13 593
-
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.

18
-
747
-
total
2 419
-
16 416
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 876
46 500
-
-
income
5 231
6 975
-
-
trade
5 493
7 324
-
-
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.

288
384
-
-
chamber of commerce
96
113
-
-
total
11 108
14 796
-
-
Dividends
23 767
31 705
-
-
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.

321
430
-
-
withholding
5 826
7 810
-
-
total
6 147
8 240
-
-
Income
46 500
46 500
46 500
46 500
Total tax
19 674
23 036
16 416
21 514
After tax
26 826
23 464
30 084
24 986
Living cost
9 206
9 206
9 206
9 206
Free-cash
17 620
14 258
20 878
15 780

Estimated living cost  is ₴9206 per week

₴5791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2170
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.

Larnaca , Cyprus
₴25253
₴24671
₴25098
₴26907
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
-
-
-
8 262
health
-
-
-
1 186
social contributions
-
-
-
4 917
total
-
-
-
14 365
Employee
23 370
23 370
43 087
-
health
181
397
732
-
income
2 545
2 163
8 031
-
social contributions
884
1 940
2 616
-
total
3 610
4 500
11 379
-
Employer
23 370
23 370
43 087
-
health
197
433
797
-
social contributions
884
1 940
2 616
-
total
1 081
2 373
3 413
-
Corporate
34 774
20 758
-
-
income
4 347
2 595
-
-
total
4 347
2 595
-
-
Dividends
30 427
18 163
-
-
withholding
5 172
3 088
-
-
total
5 172
3 088
-
-
Income
46 500
46 500
46 500
46 500
Total tax
14 210
12 556
14 792
14 365
After tax
32 290
33 944
31 708
32 135
Living cost
7 037
7 037
7 037
7 037
Free-cash
25 253
26 907
24 671
25 098

Estimated living cost  is ₴7037 per week

₴4217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
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.
₴1974
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
Lisbon , Portugal
₴16609
₴12295
₴15618
₴16916
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
-
-
-
5 190
social contributions

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

-
-
-
16 159
surtax
-
-
-
-
total
-
-
-
21 349
Employee
13 978
-
37 576
-
income
2 907
-
11 614
-
social contributions
1 538
-
4 134
-
surtax
-
-
-
-
total
4 445
-
15 748
-
Employer
13 978
-
37 576
-
social contributions
3 320
-
8 924
-
total
3 320
-
8 924
-
Corporate
29 202
46 500
-
-
income
6 133
9 765
-
-
surtax
-
-
-
-
total
6 133
9 765
-
-
Dividends
23 069
36 735
-
-
withholding
6 460
10 286
-
-
total
6 460
10 286
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 358
20 051
24 672
21 349
After tax
26 142
26 449
21 828
25 151
Living cost
9 533
9 533
9 533
9 533
Free-cash
16 609
16 916
12 295
15 618

Estimated living cost  is ₴9533 per week

₴7133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴41443
₴34899
₴43734
₴41874
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
2 876
-
46 500
-
income
575
-
9 300
-
total
575
-
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%.

43 624
46 500
-
-
total
-
-
-
-
Dividends
43 624
46 500
-
-
withholding
2 181
2 325
-
-
total
2 181
2 325
-
-
Income
46 500
46 500
46 500
46 500
Total tax
2 756
2 325
9 300
465
After tax
43 744
44 175
37 200
46 035
Living cost
2 301
2 301
2 301
2 301
Free-cash
41 443
41 874
34 899
43 734

Estimated living cost  is ₴2301 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴620
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.

Ljubljana , Slovenia
₴21321
₴13684
₴14916
₴23863
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
pensions
-
-
-
8 492
unemployment
-
-
-
70
income
-
-
-
10 295
health
-
-
-
4 575
total
-
-
-
23 432
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.

13 440
-
40 235
-
health
868
-
2 599
-
unemployment
19
-
57
-
pensions
2 083
-
6 236
-
income
2 318
-
9 507
-
total
5 288
-
18 399
-
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.

13 440
-
40 235
-
health
895
-
2 680
-
pensions
1 189
-
3 561
-
unemployment
8
-
24
-
total
2 092
-
6 265
-
Corporate
30 968
46 500
-
-
income
5 884
8 835
-
-
total
5 884
8 835
-
-
Dividends
25 084
37 665
-
-
withholding
3 763
5 650
-
-
total
3 763
5 650
-
-
Income
46 500
46 500
46 500
46 500
Total tax
17 027
14 485
24 664
23 432
After tax
29 473
32 015
21 836
23 068
Living cost
8 152
8 152
8 152
8 152
Free-cash
21 321
23 863
13 684
14 916

Estimated living cost  is ₴8152 per week

₴5594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
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.
₴1877
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
Sliema , Malta
₴18648
₴22458
₴24908
₴17586
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
-
-
-
8 651
health

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

-
-
-
1 908
total
-
-
-
10 559
Employee
13 942
-
45 102
-
social contributions
1 397
-
1 398
-
income
1 513
-
10 213
-
total
2 910
-
11 611
-
Employer
13 942
-
45 102
-
social contributions
1 397
-
1 398
-
total
1 397
-
1 398
-
Corporate
31 161
46 500
-
-
income
10 906
16 275
-
-
total
10 906
16 275
-
-
Dividends
20 255
30 225
-
-
social contributions
1 606
1 606
-
-
total
1 606
1 606
-
-
Income
46 500
46 500
46 500
46 500
Total tax
16 819
17 881
13 009
10 559
After tax
29 681
28 619
33 491
35 941
Living cost
11 032
11 032
11 032
11 032
Free-cash
18 648
17 586
22 458
24 908

Estimated living cost  is ₴11032 per week

₴7267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2726
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
Vilnius , Lithuania
₴22082
₴22665
₴23417
₴21925
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
10 305
-
46 500
-
health
719
-
3 246
-
income
1 719
-
7 727
-
social contributions
1 422
-
6 417
-
total
3 860
-
17 390
-
Employer
10 305
-
46 500
-
total
-
-
-
-
Corporate
36 195
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%.

1 810
2 325
-
-
total
1 810
2 325
-
-
Dividends
34 385
44 175
-
-
social contributions
4 745
6 096
-
-
withholding
5 158
6 626
-
-
health
2 400
3 083
-
-
total
12 303
15 805
-
-
Income
46 500
46 500
46 500
46 500
Total tax
17 973
18 130
17 390
16 638
After tax
28 527
28 370
29 110
29 862
Living cost
6 445
6 445
6 445
6 445
Free-cash
22 082
21 925
22 665
23 417

Estimated living cost  is ₴6445 per week

₴4313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
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.
₴1585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴20466
₴15233
₴17228
₴23503
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
-
-
-
4 542
health
-
-
-
6 278
social contributions
-
-
-
9 940
solidarity contribution
-
-
-
-
total
-
-
-
20 760
Employee
12 517
-
34 853
-
health
1 690
-
4 705
-
solidarity contribution
-
-
-
-
income
1 502
-
4 190
-
social contributions
814
-
2 213
-
total
4 006
-
11 108
-
Employer
12 517
-
34 853
-
health
1 127
-
3 137
-
social contributions
3 129
-
8 510
-
total
4 256
-
11 647
-
Corporate
29 727
46 500
-
-
income
5 648
8 835
-
-
total
5 648
8 835
-
-
Dividends
24 079
37 665
-
-
withholding
3 612
5 650
-
-
total
3 612
5 650
-
-
Income
46 500
46 500
46 500
46 500
Total tax
17 522
14 485
22 755
20 760
After tax
28 978
32 015
23 745
25 740
Living cost
8 512
8 512
8 512
8 512
Free-cash
20 466
23 503
15 233
17 228

Estimated living cost  is ₴8512 per week

₴6330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1563
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
Tbilisi , Georgia
₴39917
₴33614
₴42449
₴40589
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
4 482
-
46 500
-
income
896
-
9 300
-
total
896
-
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%.

42 018
46 500
-
-
total
-
-
-
-
Dividends
42 018
46 500
-
-
withholding
2 101
2 325
-
-
total
2 101
2 325
-
-
Income
46 500
46 500
46 500
46 500
Total tax
2 997
2 325
9 300
465
After tax
43 503
44 175
37 200
46 035
Living cost
3 586
3 586
3 586
3 586
Free-cash
39 917
40 589
33 614
42 449

Estimated living cost  is ₴3586 per week

₴2426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴888
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.

Paris , France
₴10847
₴11662
₴11640
₴8757
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
-
-
-
6 707
other
-
-
-
1 441
health
-
-
-
1 746
social contributions
-
-
-
1 325
pensions
-
-
-
8 962
surtax
-
-
-
-
total
-
-
-
20 181
Employee
19 035
-
36 425
-
pensions
2 153
-
2 351
-
income
1 661
-
6 695
-
social contributions
542
-
1 038
-
surtax
-
-
-
-
total
4 356
-
10 084
-
Employer
19 035
-
36 425
-
health
1 332
-
3 156
-
social contributions
57
-
109
-
pensions
3 128
-
3 992
-
unemployment
771
-
1 475
-
other
657
-
1 343
-
total
5 945
-
10 075
-
Corporate
21 520
46 500
-
-
income
6 025
13 020
-
-
surtax
-
-
-
-
total
6 025
13 020
-
-
Dividends
15 494
33 480
-
-
social contributions
2 665
5 759
-
-
surtax
-
-
-
-
withholding
1 983
4 285
-
-
total
4 648
10 044
-
-
Income
46 500
46 500
46 500
46 500
Total tax
20 974
23 064
20 159
20 181
After tax
25 526
23 436
26 341
26 319
Living cost
14 679
14 679
14 679
14 679
Free-cash
10 847
8 757
11 662
11 640

Estimated living cost  is ₴14679 per week

₴9935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3342
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
Belgrade , Serbia
₴26868
₴22443
₴22444
₴28359
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
pensions
-
-
-
5 818
unemployment
-
-
-
336
income
-
-
-
10 360
health
-
-
-
2 305
total
-
-
-
18 819
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.

7 897
-
42 494
-
health
407
-
1 153
-
unemployment
59
-
168
-
pensions
1 106
-
3 133
-
income
1 089
-
10 360
-
total
2 661
-
14 814
-
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.

7 897
-
42 494
-
health
407
-
1 153
-
pensions
948
-
2 685
-
unemployment
59
-
168
-
total
1 414
-
4 006
-
Corporate
37 190
46 500
-
-
income
5 578
6 975
-
-
total
5 578
6 975
-
-
Dividends
31 611
39 525
-
-
withholding
4 742
5 929
-
-
total
4 742
5 929
-
-
Income
46 500
46 500
46 500
46 500
Total tax
14 395
12 904
18 820
18 819
After tax
32 105
33 596
27 680
27 681
Living cost
5 237
5 237
5 237
5 237
Free-cash
26 868
28 359
22 443
22 444

Estimated living cost  is ₴5237 per week

₴3526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
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.
₴1154
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
Zurich , Switzerland
₴9421
₴14837
₴16994
₴569
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
pensions
-
-
-
4 278
city
-
-
-
490
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
health
-
-
-
105
regional
-
-
-
2 270
national
-
-
-
740
total
-
-
-
8 813
Employee
24 216
-
41 620
-
health
55
-
94
-
unemployment
-
-
-
-
city
260
-
447
-
pensions
2 035
-
3 496
-
regional
793
-
1 957
-
national
115
-
554
-
total
3 258
-
6 548
-
Employer
24 216
-
41 620
-
health
55
-
94
-
pensions
2 035
-
3 496
-
unemployment
-
-
-
-
other

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

484
-
832
-
total
2 574
-
4 422
-
Corporate
19 444
46 500
-
-
regional
4 113
9 835
-
-
national
1 653
3 953
-
-
total
5 766
13 788
-
-
Dividends
13 678
32 713
-
-
withholding
4 788
11 450
-
-
total
4 788
11 450
-
-
Income
46 500
46 500
46 500
46 500
Total tax
16 386
25 238
10 970
8 813
After tax
30 114
21 262
35 530
37 687
Living cost
20 693
20 693
20 693
20 693
Free-cash
9 421
569
14 837
16 994

Estimated living cost  is ₴20693 per week

₴13457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
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.
₴5126
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.

Helsinki , Finland
₴18502
₴13173
₴19347
₴17907
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
-
-
-
8 264
health
-
-
-
589
national
-
-
-
6 632
total
-
-
-
15 485
Employee
15 990
-
39 118
-
health
119
-
476
-
unemployment
240
-
587
-
pensions
1 079
-
2 640
-
national
264
-
4 200
-
municipal
2 619
-
6 375
-
total
4 321
-
14 278
-
Employer
15 990
-
39 118
-
health
123
-
301
-
pensions
2 774
-
6 787
-
accident
16
-
39
-
unemployment
104
-
254
-
total
3 017
-
7 381
-
Corporate
27 493
46 500
-
-
income
5 499
9 300
-
-
total
5 499
9 300
-
-
Dividends

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

16 496
27 900
-
-
municipal
2 969
5 022
-
-
national
524
2 603
-
-
total
3 493
7 625
-
-
Income
46 500
46 500
46 500
46 500
Total tax
16 330
16 925
21 659
15 485
After tax
30 170
29 575
24 841
31 015
Living cost
11 668
11 668
11 668
11 668
Free-cash
18 502
17 907
13 173
19 347

Estimated living cost  is ₴11668 per week

₴7622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
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.
₴2739
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.

Brussels , Belgium
₴10381
₴5683
₴9176
₴14940
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
communal

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

-
-
-
2 355
social contributions
-
-
-
7 252
national
-
-
-
16 636
total
-
-
-
26 243
Employee

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

21 740
-
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.

1 021
-
1 693
-
communal

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

1 134
-
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.

189
-
313
-
pensions

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

1 630
-
2 701
-
national
6 684
-
12 666
-
total
10 658
-
19 251
-
Employer

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

21 740
-
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.

1 337
-
2 215
-
pensions

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

1 926
-
3 191
-
surtax
2 465
-
4 085
-
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.

283
-
468
-
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.

317
-
526
-
total
6 328
-
10 485
-
Corporate
18 432
46 500
-
-
income
3 687
9 300
-
-
surtax
74
186
-
-
total
3 761
9 486
-
-
Dividends
14 672
37 014
-
-
withholding

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

4 291
10 993
-
-
total
4 291
10 993
-
-
Income
46 500
46 500
46 500
46 500
Total tax
25 038
20 479
29 736
26 243
After tax
21 462
26 021
16 764
20 257
Living cost
11 081
11 081
11 081
11 081
Free-cash
10 381
14 940
5 683
9 176

Estimated living cost  is ₴11081 per week

₴7138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
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.
₴2801
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
Stockholm , Sweden
₴11951
₴11088
₴11442
₴12245
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
-
-
-
29
municipal
-
-
-
11 378
other
-
-
-
3 347
health
-
-
-
1 797
national
-
-
-
2 191
accident
-
-
-
58
pensions
-
-
-
3 114
total
-
-
-
21 914
Employee
18 728
-
37 449
-
national
-
-
2 050
-
municipal
5 585
-
11 167
-
total
5 585
-
13 217
-
Employer
18 728
-
37 449
-
health
1 152
-
1 772
-
pensions
2 024
-
3 114
-
accident
37
-
58
-
unemployment
494
-
760
-
other
2 176
-
3 347
-
total
5 883
-
9 051
-
Corporate
21 887
46 500
-
-
income
4 815
10 230
-
-
total
4 815
10 230
-
-
Dividends
17 072
36 270
-
-
withholding
5 122
10 881
-
-
total
5 122
10 881
-
-
Income
46 500
46 500
46 500
46 500
Total tax
21 405
21 111
22 268
21 914
After tax
25 095
25 389
24 232
24 586
Living cost
13 144
13 144
13 144
13 144
Free-cash
11 951
12 245
11 088
11 442

Estimated living cost  is ₴13144 per week

₴8711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2943
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
Oslo , Norway
-₴3984
₴27437
₴17526
₴13682
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
20 948
-
-
-
income
4 621
-
-
-
social contributions
1 718
-
245
-
total
6 339
-
245
-
Employer
20 948
-
-
-
social contributions
29 536
-
4 209
-
total
29 536
-
4 209
-
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
35 875
18 209
4 454
14 365
After tax
10 625
28 291
42 046
32 135
Living cost
14 609
14 609
14 609
14 609
Free-cash
-3 984
13 682
27 437
17 526

Estimated living cost  is ₴14609 per week

₴9479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
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.
₴3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴22827
₴21850
₴22277
₴24086
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
-
-
-
8 262
health
-
-
-
1 186
social contributions
-
-
-
4 917
total
-
-
-
14 365
Employee
23 370
23 370
43 087
-
health
232
397
732
-
income
2 454
2 163
8 031
-
social contributions
1 136
1 940
2 616
-
total
3 822
4 500
11 379
-
Employer
23 370
23 370
43 087
-
health
253
433
797
-
social contributions
1 136
1 940
2 616
-
total
1 389
2 373
3 413
-
Corporate
31 431
20 758
-
-
income
3 929
2 595
-
-
total
3 929
2 595
-
-
Dividends
27 502
18 163
-
-
withholding
4 675
3 088
-
-
total
4 675
3 088
-
-
Income
46 500
46 500
46 500
46 500
Total tax
13 815
12 556
14 792
14 365
After tax
32 685
33 944
31 708
32 135
Living cost
9 858
9 858
9 858
9 858
Free-cash
22 827
24 086
21 850
22 277

Estimated living cost  is ₴9858 per week

₴6739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
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.
₴2184
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
Edinburgh , United Kingdom
₴21861
₴16138
₴20374
₴20135
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
-
-
-
12 776
pensions
-
-
-
2 525
total
-
-
-
15 301
Employee
14 859
-
40 665
-
health
194
-
609
-
pensions
1 134
-
3 141
-
income
2 706
-
9 952
-
total
4 034
-
13 702
-
Employer
14 859
-
40 665
-
health
282
-
773
-
pensions
1 501
-
5 062
-
total
1 783
-
5 835
-
Corporate
29 857
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.

5 673
8 835
-
-
total
5 673
8 835
-
-
Dividends
24 184
37 665
-
-
withholding
2 324
6 705
-
-
total
2 324
6 705
-
-
Income
46 500
46 500
46 500
46 500
Total tax
13 814
15 540
19 537
15 301
After tax
32 686
30 960
26 963
31 199
Living cost
10 825
10 825
10 825
10 825
Free-cash
21 861
20 135
16 138
20 374

Estimated living cost  is ₴10825 per week

₴7426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴2268
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.

Rome , Italy
₴11001
₴7915
₴9977
₴12385
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
regional
-
-
-
1 057
social contributions
-
-
-
11 960
national
-
-
-
11 087
total
-
-
-
24 415
Employee
25 610
-
46 500
-
social contributions
8 636
-
15 680
-
regional
387
-
931
-
national
4 328
-
9 589
-
municipal
153
-
277
-
total
13 504
-
26 477
-
Employer
25 610
-
46 500
-
total
-
-
-
-
Corporate
20 890
46 500
-
-
nationa
5 014
11 160
-
-
municipal
1 007
2 241
-
-
total
6 021
13 401
-
-
Dividends
14 869
33 099
-
-
withholding
3 866
8 606
-
-
total
3 866
8 606
-
-
Income
46 500
46 500
46 500
46 500
Total tax
23 391
22 007
26 477
24 415
After tax
23 109
24 493
20 023
22 085
Living cost
12 108
12 108
12 108
12 108
Free-cash
11 001
12 385
7 915
9 977

Estimated living cost  is ₴12108 per week

₴8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴2587
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
Gdansk , Poland
₴2768
₴18560
₴25306
-₴2734
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
pensions
-
-
-
1 230
income
-
-
-
12 634
other
-
-
-
110
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
14 693
Employee
10 227
-
41 533
-
health
1 171
-
4 756
-
pensions
1 152
-
2 255
-
income
1 403
-
9 460
-
total
3 726
-
16 471
-
Employer
10 227
-
41 533
-
pensions
1 663
-
3 256
-
accident
171
-
694
-
unemployment
251
-
1 018
-
total
2 085
-
4 968
-
Corporate
34 189
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.

30 770
41 850
-
-
total
30 770
41 850
-
-
Dividends
3 419
4 650
-
-
withholding
650
883
-
-
total
650
883
-
-
Income
46 500
46 500
46 500
46 500
Total tax
37 231
42 733
21 439
14 693
After tax
9 269
3 767
25 061
31 807
Living cost
6 501
6 501
6 501
6 501
Free-cash
2 768
-2 734
18 560
25 306

Estimated living cost  is ₴6501 per week

₴4765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
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.
₴1241
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.

Berlin , Germany
₴16184
₴18350
₴13705
₴12209
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
-
-
-
4 645
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.

-
-
-
13 593
health

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

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

-
-
-
2 076
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.

-
-
-
747
total
-
-
-
21 061
Employee

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

15 122
-
46 500
-
health

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

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

2 076
-
2 076
-
income

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

1 243
-
13 593
-
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.

69
-
747
-
total
3 388
-
16 416
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 378
46 500
-
-
income
4 707
6 975
-
-
trade
4 503
6 673
-
-
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.

259
384
-
-
chamber of commerce
92
114
-
-
total
9 561
14 146
-
-
Dividends
21 817
32 354
-
-
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.

294
438
-
-
withholding
5 339
7 973
-
-
total
5 633
8 411
-
-
Income
46 500
46 500
46 500
46 500
Total tax
18 582
22 557
16 416
21 061
After tax
27 918
23 943
30 084
25 439
Living cost
11 734
11 734
11 734
11 734
Free-cash
16 184
12 209
18 350
13 705

Estimated living cost  is ₴11734 per week

₴8094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2207
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.

Riga , Latvia
₴28384
₴21884
₴9004
₴30877
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
income
-
-
-
7 671
microenterprise
-
-
-
-
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.

-
-
-
11 645
surtax
-
-
-
11 857
total
-
-
-
31 173
Employee
8 881
-
33 548
-
income
1 581
-
6 521
-
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.

977
-
3 690
-
surtax
-
-
-
-
total
2 558
-
10 211
-
Employer
8 881
-
33 548
-
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.

2 139
-
8 082
-
surtax
-
-
-
-
total
2 139
-
8 082
-
Corporate
35 480
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%.

7 096
9 300
-
-
total
7 096
9 300
-
-
Dividends

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

28 384
37 200
-
-
total
-
-
-
-
Income
46 500
46 500
46 500
46 500
Total tax
11 793
9 300
18 293
31 173
After tax
34 707
37 200
28 207
15 327
Living cost
6 323
6 323
6 323
6 323
Free-cash
28 384
30 877
21 884
9 004

Estimated living cost  is ₴6323 per week

₴4034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
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.
₴1543
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
Istanbul , Turkey
₴24637
₴23987
₴24254
₴25254
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
-
-
-
13 751
health
-
-
-
1 989
pensions
-
-
-
2 744
total
-
-
-
18 484
Employee
5 729
-
43 413
-
health
286
-
686
-
unemployment
57
-
137
-
pensions
516
-
1 235
-
income
1 108
-
13 607
-
total
1 967
-
15 665
-
Employer
5 729
-
43 413
-
health
544
-
1 303
-
pensions
630
-
1 509
-
unemployment
115
-
274
-
total
1 289
-
3 086
-
Corporate
39 481
46 500
-
-
income
8 686
10 230
-
-
total
8 686
10 230
-
-
Dividends
30 795
36 270
-
-
withholding
6 159
7 254
-
-
total
6 159
7 254
-
-
Income
46 500
46 500
46 500
46 500
Total tax
18 101
17 484
18 751
18 484
After tax
28 399
29 016
27 749
28 016
Living cost
3 762
3 762
3 762
3 762
Free-cash
24 637
25 254
23 987
24 254

Estimated living cost  is ₴3762 per week

₴2235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1135
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
Athens , Greece
₴21456
₴13702
₴15241
₴22423
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
pensions
-
-
-
8 113
unemployment
-
-
-
69
income
-
-
-
11 679
other
-
-
-
-
health
-
-
-
2 880
surtax
-
-
-
1 692
total
-
-
-
24 433
Employee
10 235
-
38 414
-
health
261
-
979
-
unemployment
712
-
2 674
-
pensions
683
-
2 562
-
income
1 716
-
10 222
-
other
-
-
-
-
surtax
36
-
1 449
-
total
3 408
-
17 886
-
Employer
10 235
-
38 414
-
health
465
-
1 748
-
pensions
1 365
-
5 120
-
unemployment
325
-
1 218
-
other
-
-
-
-
total
2 155
-
8 086
-
Corporate
34 110
46 500
-
-
income
8 869
12 090
-
-
total
8 869
12 090
-
-
Dividends
25 241
34 410
-
-
withholding
3 786
5 161
-
-
total
3 786
5 161
-
-
Income
46 500
46 500
46 500
46 500
Total tax
18 218
17 251
25 972
24 433
After tax
28 282
29 249
20 528
22 067
Living cost
6 826
6 826
6 826
6 826
Free-cash
21 456
22 423
13 702
15 241

Estimated living cost  is ₴6826 per week

₴4121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1953
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
Graz , Austria
₴15981
₴2452
₴14210
₴16134
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
pensions
-
-
-
6 569
chamber of commerce
-
-
-
186
unemployment
-
-
-
1 864
income
-
-