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
₴ 47000
per

Your estimated
City
free-cash

Andorra , Andorra
₴24724
₴30778
₴25973
₴31936
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
-
-
-
47 000
social contributions
-
-
-
10 340
income
-
-
-
1 572
total
-
-
-
11 912
Employee
11 084
-
40 692
-
social contributions
720
-
2 645
-
income
-
-
1 711
-
total
720
-
4 356
-
Employer
11 084
-
40 692
-
social contributions
1 718
-
6 307
-
total
1 718
-
6 307
-
Corporate
34 197
47 000
-
-
income
3 420
4 700
-
-
total
3 420
4 700
-
-
Dividends
30 777
42 300
-
-
total
-
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
5 858
4 700
10 663
11 912
After tax
41 142
42 300
36 337
35 088
Living cost
10 364
10 364
10 364
10 364
Free-cash
30 778
31 936
25 973
24 724

Estimated living cost  is ₴10364 per week

₴6701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
₴12858
₴15002
₴1659
₴15174
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
-
-
-
47 000
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 081
chamber of commerce
-
-
-
188
pensions
-
-
-
7 452
income
-
-
-
10 306
total
-
-
-
23 142
Employee
15 071
13 740
36 496
-
unemployment
452
412
1 095
-
other
150
137
365
-
income
1 343
1 013
8 431
-
pensions
1 543
1 407
3 737
-
health
583
532
1 413
-
total
4 071
3 501
15 041
-
Employer
15 071
13 740
36 496
-
pensions
1 892
1 725
4 580
-
surtax
-
-
-
-
payroll
452
412
1 095
-
other
716
652
1 733
-
health
570
520
1 379
-
accident
196
179
474
-
unemployment
452
412
1 095
-
chamber of commerce
60
55
146
-
total
4 338
3 955
10 502
-
Corporate
27 591
29 305
35 189
-
income

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

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

6 898
7 326
8 798
-
total
6 898
7 326
8 798
-
Dividends
20 694
21 979
-
-
withholding
5 691
6 044
-
-
total
5 691
6 044
-
-
Income
47 000
47 000
47 000
47 000
Total tax
20 998
20 826
34 341
23 142
After tax
26 002
26 174
12 659
23 858
Living cost
11 000
11 000
11 000
11 000
Free-cash
15 002
15 174
1 659
12 858

Estimated living cost  is ₴11000 per week

₴6599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
₴11641
₴13452
₴500
₴13987
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
-
-
-
47 000
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 081
chamber of commerce
-
-
-
188
pensions
-
-
-
7 452
income
-
-
-
10 306
total
-
-
-
23 210
Employee
17 231
13 740
36 444
-
unemployment
517
412
1 093
-
other
172
137
364
-
income
1 962
1 013
8 412
-
pensions
1 765
1 407
3 732
-
health
667
532
1 411
-
total
5 083
3 501
15 012
-
Employer
17 231
13 740
36 444
-
pensions
2 162
1 725
4 573
-
surtax
68
68
68
-
payroll
517
412
1 093
-
other
819
652
1 731
-
health
651
520
1 377
-
accident
224
179
474
-
unemployment
517
412
1 093
-
chamber of commerce
69
55
146
-
total
5 027
4 023
10 555
-
Corporate
24 743
29 237
35 136
-
income

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

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

6 186
7 309
8 784
-
total
6 186
7 309
8 784
-
Dividends
18 557
21 928
-
-
withholding
5 103
6 031
-
-
total
5 103
6 031
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 399
20 864
34 351
23 210
After tax
25 601
26 136
12 649
23 790
Living cost
12 149
12 149
12 149
12 149
Free-cash
13 452
13 987
500
11 641

Estimated living cost  is ₴12149 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1036
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.
₴2810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴8238
₴8571
₴4744
₴13743
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
-
-
-
47 000
national
-
-
-
16 404
communal

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

-
-
-
2 375
social contributions
-
-
-
7 412
total
-
-
-
26 191
Employee

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

24 663
-
36 402
-
unemployment

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

215
-
317
-
national
7 582
-
12 432
-
communal

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

1 286
-
1 899
-
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.

1 850
-
2 730
-
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.

1 159
-
1 711
-
total
12 092
-
19 089
-
Employer

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

24 663
-
36 402
-
surtax
2 796
-
4 129
-
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.

2 185
-
3 225
-
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.

1 517
-
2 238
-
accident

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

321
-
473
-
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.

360
-
531
-
total
7 179
-
10 596
-
Corporate
15 159
47 000
-
-
income
3 032
9 400
-
-
surtax
61
188
-
-
total
3 093
9 588
-
-
Dividends
12 066
37 412
-
-
withholding

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

3 494
11 098
-
-
total
3 494
11 098
-
-
Income
47 000
47 000
47 000
47 000
Total tax
25 858
20 686
29 685
26 191
After tax
21 142
26 314
17 315
20 809
Living cost
12 571
12 571
12 571
12 571
Free-cash
8 571
13 743
4 744
8 238

Estimated living cost  is ₴12571 per week

₴8097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴30819
₴32167
₴32515
₴34264
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
-
-
-
47 000
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
7 050
total
-
-
-
10 260
Employee
7 841
-
44 641
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
4 464
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
6 205
-
Employer
7 841
-
44 641
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
37 621
47 000
-
-
income
3 762
4 700
-
-
total
3 762
4 700
-
-
Dividends
33 859
42 300
-
-
withholding
1 693
2 115
-
-
total
1 693
2 115
-
-
Income
47 000
47 000
47 000
47 000
Total tax
8 912
6 815
8 564
10 260
After tax
38 088
40 185
38 436
36 740
Living cost
5 921
5 921
5 921
5 921
Free-cash
32 167
34 264
32 515
30 819

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
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.
₴1525
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
₴32227
₴34072
₴33923
₴35672
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
-
-
-
47 000
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
7 050
total
-
-
-
10 260
Employee
5 976
-
44 641
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
4 464
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
6 205
-
Employer
5 976
-
44 641
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
39 851
47 000
-
-
income
3 985
4 700
-
-
total
3 985
4 700
-
-
Dividends
35 866
42 300
-
-
withholding
1 793
2 115
-
-
total
1 793
2 115
-
-
Income
47 000
47 000
47 000
47 000
Total tax
8 415
6 815
8 564
10 260
After tax
38 585
40 185
38 436
36 740
Living cost
4 513
4 513
4 513
4 513
Free-cash
34 072
35 672
33 923
32 227

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
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.
₴1436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴24830
₴24473
₴24378
₴26349
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
-
-
-
47 000
health
-
-
-
1 199
social contributions
-
-
-
5 578
income
-
-
-
7 410
total
-
-
-
14 187
Employee
26 512
26 512
43 233
-
income
2 887
2 454
7 168
-
social contributions
1 002
2 200
2 968
-
health
205
451
735
-
total
4 094
5 105
10 871
-
Employer
26 512
26 512
43 233
-
social contributions
1 002
2 200
2 968
-
health
223
491
800
-
total
1 225
2 691
3 768
-
Corporate
33 697
17 797
-
-
income
4 212
2 225
-
-
total
4 212
2 225
-
-
Dividends
29 485
15 572
-
-
withholding
5 013
2 647
-
-
total
5 013
2 647
-
-
Income
47 000
47 000
47 000
47 000
Total tax
14 544
12 668
14 639
14 187
After tax
32 456
34 332
32 361
32 813
Living cost
7 983
7 983
7 983
7 983
Free-cash
24 473
26 349
24 378
24 830

Estimated living cost  is ₴7983 per week

₴4784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2239
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
₴21630
₴21719
₴21178
₴23149
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
-
-
-
47 000
health
-
-
-
1 199
social contributions
-
-
-
5 578
income
-
-
-
7 410
total
-
-
-
14 187
Employee
26 512
26 512
43 233
-
income
2 784
2 454
7 168
-
social contributions
1 288
2 200
2 968
-
health
264
451
735
-
total
4 336
5 105
10 871
-
Employer
26 512
26 512
43 233
-
social contributions
1 288
2 200
2 968
-
health
287
491
800
-
total
1 575
2 691
3 768
-
Corporate
29 905
17 797
-
-
income
3 738
2 225
-
-
total
3 738
2 225
-
-
Dividends
26 168
15 572
-
-
withholding
4 449
2 647
-
-
total
4 449
2 647
-
-
Income
47 000
47 000
47 000
47 000
Total tax
14 098
12 668
14 639
14 187
After tax
32 902
34 332
32 361
32 813
Living cost
11 183
11 183
11 183
11 183
Free-cash
21 719
23 149
21 178
21 630

Estimated living cost  is ₴11183 per week

₴7645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴16871
₴21567
₴15895
₴24405
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
-
-
-
47 000
health
-
-
-
6 345
social contributions
-
-
-
11 448
income
-
-
-
4 381
solidarity contribution
-
-
-
-
total
-
-
-
22 174
Employee
11 699
-
35 075
-
income
1 404
-
4 209
-
social contributions
760
-
2 280
-
health
1 579
-
4 735
-
solidarity contribution
-
-
-
-
total
3 743
-
11 224
-
Employer
11 699
-
35 075
-
social contributions
2 925
-
8 769
-
health
1 053
-
3 157
-
total
3 978
-
11 926
-
Corporate
31 323
47 000
-
-
income
5 951
8 930
-
-
total
5 951
8 930
-
-
Dividends
25 372
38 070
-
-
withholding
3 806
5 710
-
-
total
3 806
5 710
-
-
Income
47 000
47 000
47 000
47 000
Total tax
17 478
14 640
23 150
22 174
After tax
29 522
32 360
23 850
24 826
Living cost
7 955
7 955
7 955
7 955
Free-cash
21 567
24 405
15 895
16 871

Estimated living cost  is ₴7955 per week

₴5526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
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.
₴1707
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
₴15023
₴19060
₴14047
₴22557
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
-
-
-
47 000
health
-
-
-
6 345
social contributions
-
-
-
11 448
income
-
-
-
4 381
solidarity contribution
-
-
-
-
total
-
-
-
22 174
Employee
14 416
-
35 075
-
income
1 730
-
4 209
-
social contributions
937
-
2 280
-
health
1 946
-
4 735
-
solidarity contribution
-
-
-
-
total
4 613
-
11 224
-
Employer
14 416
-
35 075
-
social contributions
3 604
-
8 769
-
health
1 297
-
3 157
-
total
4 901
-
11 926
-
Corporate
27 682
47 000
-
-
income
5 260
8 930
-
-
total
5 260
8 930
-
-
Dividends
22 422
38 070
-
-
withholding
3 363
5 710
-
-
total
3 363
5 710
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 137
14 640
23 150
22 174
After tax
28 863
32 360
23 850
24 826
Living cost
9 803
9 803
9 803
9 803
Free-cash
19 060
22 557
14 047
15 023

Estimated living cost  is ₴9803 per week

₴7290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
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.
₴1800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
₴11868
-₴28351
-₴28351
-₴28351
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
-
-
-
47 000
national
-
-
-
5 063
pensions
-
-
-
300
municipal
-
-
-
9 377
labour market
-
-
-
3 736
total
-
-
-
18 476
Employee
70 300
70 300
70 300
-
municipal
14 970
14 970
14 970
-
national
8 588
8 588
8 588
-
pensions
100
100
100
-
labour market
5 616
5 616
5 616
-
total
29 274
29 274
29 274
-
Employer
70 300
70 300
70 300
-
pensions
200
200
200
-
labour market
5 624
5 624
5 624
-
municipal
14 994
14 994
14 994
-
national
8 603
8 603
8 603
-
total
29 421
29 421
29 421
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
58 695
58 695
58 695
18 476
After tax
-11 695
-11 695
-11 695
28 524
Living cost
16 656
16 656
16 656
16 656
Free-cash
-28 351
-28 351
-28 351
11 868

Estimated living cost  is ₴16656 per week

₴11399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1473
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.
₴3527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴16864
₴27131
₴18762
₴29272
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
-
-
-
47 000
health
-
-
-
6 110
pensions
-
-
-
9 400
income
-
-
-
6 298
total
-
-
-
21 808
Employee
9 781
-
35 126
-
unemployment
156
-
562
-
income
1 101
-
6 773
-
pensions
196
-
703
-
total
1 453
-
8 038
-
Employer
9 781
-
35 126
-
pensions
1 956
-
7 025
-
health
1 271
-
4 566
-
unemployment
79
-
281
-
total
3 306
-
11 872
-
Corporate
33 913
47 000
-
-
income
6 782
9 400
-
-
total
6 782
9 400
-
-
Dividends
27 131
37 600
-
-
total
-
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
11 541
9 400
19 910
21 808
After tax
35 459
37 600
27 090
25 192
Living cost
8 328
8 328
8 328
8 328
Free-cash
27 131
29 272
18 762
16 864

Estimated living cost  is ₴8328 per week

₴5712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴167
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
Helsinki , Finland
₴18735
₴17379
₴12293
₴17057
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

-
-
-
47 000
national
-
-
-
6 092
health
-
-
-
580
municipal
-
-
-
8 356
total
-
-
-
15 028
Employee
18 140
-
39 539
-
unemployment
272
-
593
-
municipal
2 971
-
6 446
-
national
300
-
3 837
-
pensions
1 224
-
2 669
-
health
135
-
465
-
total
4 902
-
14 010
-
Employer
18 140
-
39 539
-
pensions
3 147
-
6 860
-
health
139
-
304
-
accident
18
-
39
-
unemployment
118
-
257
-
total
3 422
-
7 460
-
Corporate
25 438
47 000
-
-
income
5 088
9 400
-
-
total
5 088
9 400
-
-
Dividends

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

15 262
28 200
-
-
municipal
2 747
5 076
-
-
national
225
2 230
-
-
total
2 972
7 306
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 384
16 706
21 470
15 028
After tax
30 616
30 294
25 530
31 972
Living cost
13 237
13 237
13 237
13 237
Free-cash
17 379
17 057
12 293
18 735

Estimated living cost  is ₴13237 per week

₴8646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1273
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.
₴3107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
₴16081
₴14978
₴16742
₴13061
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
-
-
-
47 000
surtax
-
-
-
-
health
-
-
-
1 559
pensions
-
-
-
9 690
social contributions
-
-
-
1 339
income
-
-
-
6 247
other
-
-
-
1 457
total
-
-
-
20 292
Employee
13 172
-
37 185
-
income
679
-
6 509
-
surtax
-
-
-
-
social contributions
376
-
1 059
-
pensions
1 490
-
2 249
-
total
2 545
-
9 817
-
Employer
13 172
-
37 185
-
pensions
2 164
-
3 847
-
social contributions
39
-
111
-
other
455
-
1 308
-
health
922
-
3 042
-
unemployment
533
-
1 506
-
total
4 113
-
9 814
-
Corporate
29 715
47 000
-
-
income
8 320
13 160
-
-
surtax
-
-
-
-
total
8 320
13 160
-
-
Dividends
21 395
33 840
-
-
withholding
2 738
4 331
-
-
social contributions
3 679
5 821
-
-
surtax
-
-
-
-
total
6 417
10 152
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 395
23 312
19 631
20 292
After tax
25 605
23 688
27 369
26 708
Living cost
10 627
10 627
10 627
10 627
Free-cash
14 978
13 061
16 742
16 081

Estimated living cost  is ₴10627 per week

₴6163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
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.
₴3183
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
₴14912
₴13929
₴15573
₴11892
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
-
-
-
47 000
surtax
-
-
-
-
health
-
-
-
1 559
pensions
-
-
-
9 690
social contributions
-
-
-
1 339
income
-
-
-
6 247
other
-
-
-
1 457
total
-
-
-
20 292
Employee
14 756
-
37 185
-
income
871
-
6 509
-
surtax
-
-
-
-
social contributions
421
-
1 059
-
pensions
1 668
-
2 249
-
total
2 960
-
9 817
-
Employer
14 756
-
37 185
-
pensions
2 424
-
3 847
-
social contributions
44
-
111
-
other
509
-
1 308
-
health
1 033
-
3 042
-
unemployment
597
-
1 506
-
total
4 607
-
9 814
-
Corporate
27 636
47 000
-
-
income
7 738
13 160
-
-
surtax
-
-
-
-
total
7 738
13 160
-
-
Dividends
19 897
33 840
-
-
withholding
2 547
4 331
-
-
social contributions
3 423
5 821
-
-
surtax
-
-
-
-
total
5 970
10 152
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 275
23 312
19 631
20 292
After tax
25 725
23 688
27 369
26 708
Living cost
11 796
11 796
11 796
11 796
Free-cash
13 929
11 892
15 573
14 912

Estimated living cost  is ₴11796 per week

₴7438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
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.
₴3199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴10055
₴9406
₴10716
₴7035
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
-
-
-
47 000
surtax
-
-
-
-
health
-
-
-
1 559
pensions
-
-
-
9 690
social contributions
-
-
-
1 339
income
-
-
-
6 247
other
-
-
-
1 457
total
-
-
-
20 292
Employee
21 594
-
37 185
-
income
1 884
-
6 509
-
surtax
-
-
-
-
social contributions
615
-
1 059
-
pensions
2 442
-
2 249
-
total
4 941
-
9 817
-
Employer
21 594
-
37 185
-
pensions
3 548
-
3 847
-
social contributions
65
-
111
-
other
745
-
1 308
-
health
1 511
-
3 042
-
unemployment
875
-
1 506
-
total
6 744
-
9 814
-
Corporate
18 661
47 000
-
-
income
5 225
13 160
-
-
surtax
-
-
-
-
total
5 225
13 160
-
-
Dividends
13 436
33 840
-
-
withholding
1 720
4 331
-
-
social contributions
2 311
5 821
-
-
surtax
-
-
-
-
total
4 031
10 152
-
-
Income
47 000
47 000
47 000
47 000
Total tax
20 941
23 312
19 631
20 292
After tax
26 059
23 688
27 369
26 708
Living cost
16 653
16 653
16 653
16 653
Free-cash
9 406
7 035
10 716
10 055

Estimated living cost  is ₴16653 per week

₴11270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3792
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
₴44290
₴41990
₴35360
₴42410
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%.

-
-
-
47 000
microenterprise

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

-
-
-
470
total
-
-
-
470
Employee
2 800
-
47 000
-
income
560
-
9 400
-
total
560
-
9 400
-
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%.

44 200
47 000
-
-
total
-
-
-
-
Dividends
44 200
47 000
-
-
withholding
2 210
2 350
-
-
total
2 210
2 350
-
-
Income
47 000
47 000
47 000
47 000
Total tax
2 770
2 350
9 400
470
After tax
44 230
44 650
37 600
46 530
Living cost
2 240
2 240
2 240
2 240
Free-cash
41 990
42 410
35 360
44 290

Estimated living cost  is ₴2240 per week

₴1388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴43039
₴40504
₴34109
₴41159
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%.

-
-
-
47 000
microenterprise

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

-
-
-
470
total
-
-
-
470
Employee
4 364
-
47 000
-
income
873
-
9 400
-
total
873
-
9 400
-
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%.

42 636
47 000
-
-
total
-
-
-
-
Dividends
42 636
47 000
-
-
withholding
2 132
2 350
-
-
total
2 132
2 350
-
-
Income
47 000
47 000
47 000
47 000
Total tax
3 005
2 350
9 400
470
After tax
43 995
44 650
37 600
46 530
Living cost
3 491
3 491
3 491
3 491
Free-cash
40 504
41 159
34 109
43 039

Estimated living cost  is ₴3491 per week

₴2362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴13170
₴15410
₴17614
₴10901
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.

-
-
-
47 000
surtax

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

-
-
-
715
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.

-
-
-
2 355
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.

-
-
-
13 005
trade
-
-
-
4 444
total
-
-
-
20 519
Employee

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

17 155
-
47 000
-
income

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

1 411
-
13 005
-
surtax

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

78
-
715
-
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.

2 355
-
2 355
-
total
3 844
-
16 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 845
47 000
-
-
trade
4 283
6 744
-
-
income
4 477
7 050
-
-
chamber of commerce
96
121
-
-
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.

246
388
-
-
total
9 102
14 303
-
-
Dividends
20 743
32 697
-
-
withholding
5 055
8 043
-
-
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.

278
442
-
-
total
5 333
8 485
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 279
22 788
16 075
20 519
After tax
28 721
24 212
30 925
26 481
Living cost
13 311
13 311
13 311
13 311
Free-cash
15 410
10 901
17 614
13 170

Estimated living cost  is ₴13311 per week

₴9182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
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.
₴2503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
₴15604
₴17100
₴20482
₴13284
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.

-
-
-
47 000
surtax

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

-
-
-
715
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.

-
-
-
2 355
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.

-
-
-
13 005
trade
-
-
-
4 878
total
-
-
-
20 953
Employee

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

13 187
-
47 000
-
income

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

368
-
13 005
-
surtax

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

20
-
715
-
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.

2 355
-
2 355
-
total
2 743
-
16 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 813
47 000
-
-
trade
5 325
7 403
-
-
income
5 072
7 050
-
-
chamber of commerce
101
120
-
-
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.

279
388
-
-
total
10 777
14 961
-
-
Dividends
23 036
32 040
-
-
withholding
5 628
7 879
-
-
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.

309
433
-
-
total
5 937
8 312
-
-
Income
47 000
47 000
47 000
47 000
Total tax
19 457
23 273
16 075
20 953
After tax
27 543
23 727
30 925
26 047
Living cost
10 443
10 443
10 443
10 443
Free-cash
17 100
13 284
20 482
15 604

Estimated living cost  is ₴10443 per week

₴6569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
₴12286
₴14788
₴17380
₴9940
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.

-
-
-
47 000
surtax

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

-
-
-
715
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.

-
-
-
2 355
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.

-
-
-
13 005
trade
-
-
-
5 094
total
-
-
-
21 169
Employee

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

17 485
-
47 000
-
income

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

1 502
-
13 005
-
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.

82
-
715
-
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.

2 355
-
2 355
-
total
3 939
-
16 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 515
47 000
-
-
trade
4 855
7 732
-
-
income
4 428
7 050
-
-
chamber of commerce
94
119
-
-
surtax

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

243
388
-
-
total
9 620
15 289
-
-
Dividends
19 895
31 711
-
-
withholding
4 842
7 797
-
-
surtax

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

266
429
-
-
total
5 108
8 226
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 667
23 515
16 075
21 169
After tax
28 333
23 485
30 925
25 831
Living cost
13 545
13 545
13 545
13 545
Free-cash
14 788
9 940
17 380
12 286

Estimated living cost  is ₴13545 per week

₴9059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1428
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.
₴2855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
₴9818
₴13039
₴15130
₴7449
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.

-
-
-
47 000
surtax

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

-
-
-
715
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.

-
-
-
2 355
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.

-
-
-
13 005
trade
-
-
-
5 312
total
-
-
-
21 387
Employee

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

20 721
-
47 000
-
income

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

2 437
-
13 005
-
surtax

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

134
-
715
-
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.

2 355
-
2 355
-
total
4 926
-
16 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 279
47 000
-
-
trade
4 507
8 060
-
-
income
3 942
7 050
-
-
chamber of commerce
90
118
-
-
surtax

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

217
388
-
-
total
8 756
15 616
-
-
Dividends
17 524
31 383
-
-
withholding
4 250
7 715
-
-
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.

234
425
-
-
total
4 484
8 140
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 166
23 756
16 075
21 387
After tax
28 834
23 244
30 925
25 613
Living cost
15 795
15 795
15 795
15 795
Free-cash
13 039
7 449
15 130
9 818

Estimated living cost  is ₴15795 per week

₴11536
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.
₴205
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.
₴2791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
₴14556
₴20723
₴13651
₴21819
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
-
-
-
47 000
surtax
-
-
-
1 489
unemployment
-
-
-
79
health
-
-
-
3 267
pensions
-
-
-
9 203
income
-
-
-
10 662
other
-
-
-
-
total
-
-
-
24 700
Employee
11 611
-
38 827
-
unemployment
808
-
2 702
-
other
-
-
-
-
income
1 947
-
9 804
-
surtax
41
-
1 346
-
pensions
775
-
2 590
-
health
296
-
990
-
total
3 867
-
17 432
-
Employer
11 611
-
38 827
-
pensions
1 548
-
5 175
-
other
-
-
-
-
health
528
-
1 767
-
unemployment
368
-
1 231
-
total
2 444
-
8 173
-
Corporate
32 945
47 000
-
-
income
8 565
12 220
-
-
total
8 565
12 220
-
-
Dividends
24 379
34 780
-
-
withholding
3 657
5 217
-
-
total
3 657
5 217
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 533
17 437
25 605
24 700
After tax
28 467
29 563
21 395
22 300
Living cost
7 744
7 744
7 744
7 744
Free-cash
20 723
21 819
13 651
14 556

Estimated living cost  is ₴7744 per week

₴4676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴14692
₴20883
₴13787
₴21955
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
-
-
-
47 000
surtax
-
-
-
1 489
unemployment
-
-
-
79
health
-
-
-
3 267
pensions
-
-
-
9 203
income
-
-
-
10 662
other
-
-
-
-
total
-
-
-
24 700
Employee
11 402
-
38 827
-
unemployment
794
-
2 702
-
other
-
-
-
-
income
1 911
-
9 804
-
surtax
37
-
1 346
-
pensions
760
-
2 590
-
health
291
-
990
-
total
3 793
-
17 432
-
Employer
11 402
-
38 827
-
pensions
1 520
-
5 175
-
other
-
-
-
-
health
519
-
1 767
-
unemployment
361
-
1 231
-
total
2 400
-
8 173
-
Corporate
33 198
47 000
-
-
income
8 631
12 220
-
-
total
8 631
12 220
-
-
Dividends
24 567
34 780
-
-
withholding
3 685
5 217
-
-
total
3 685
5 217
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 509
17 437
25 605
24 700
After tax
28 491
29 563
21 395
22 300
Living cost
7 608
7 608
7 608
7 608
Free-cash
20 883
21 955
13 787
14 692

Estimated living cost  is ₴7608 per week

₴4652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴25714
₴19740
₴20402
₴19598
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
-
-
-
47 000
unemployment
-
-
-
705
health
-
-
-
3 290
pensions
-
-
-
4 700
income
-
-
-
5 746
total
-
-
-
14 441
Employee

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

The minimum wage is 138,000 HUF per month.

9 881
3 932
39 331
-
unemployment
148
59
590
-
income
1 208
481
4 808
-
pensions
988
393
3 933
-
health
692
275
2 753
-
total
3 036
1 208
12 084
-
Employer

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

The minimum wage is 138,000 HUF per month.

9 881
3 932
39 331
-
pensions
1 927
767
7 669
-
total
1 927
767
7 669
-
Corporate
35 192
42 301
-
-
income
3 167
3 807
-
-
total
3 167
3 807
-
-
Dividends
32 025
38 494
-
-
withholding
6 085
7 314
-
-
social contributions
6 200
7 461
-
-
total
12 285
14 775
-
-
Income
47 000
47 000
47 000
47 000
Total tax
20 415
20 557
19 753
14 441
After tax
26 585
26 443
27 247
32 559
Living cost
6 845
6 845
6 845
6 845
Free-cash
19 740
19 598
20 402
25 714

Estimated living cost  is ₴6845 per week

₴4671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
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.
₴1477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₴11227
₴12352
₴11597
₴12629
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
-
-
-
47 000
national
-
-
-
7 858
pensions
-
-
-
5 640
social contributions
-
-
-
505
municipal
-
-
-
5 071
total
-
-
-
19 074
Employee
25 887
-
40 631
-
municipal
3 197
-
5 253
-
national
4 955
-
8 139
-
pensions
1 035
-
1 625
-
total
9 187
-
15 017
-
Employer
25 887
-
40 631
-
pensions
2 071
-
3 250
-
social contributions
278
-
437
-
total
2 349
-
3 687
-
Corporate
17 056
47 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

3 411
9 400
-
-
total
3 411
9 400
-
-
Dividends
13 644
37 600
-
-
withholding
3 002
8 272
-
-
total
3 002
8 272
-
-
Income
47 000
47 000
47 000
47 000
Total tax
17 949
17 672
18 704
19 074
After tax
29 051
29 328
28 296
27 926
Living cost
16 699
16 699
16 699
16 699
Free-cash
12 352
12 629
11 597
11 227

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
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.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
₴6736
₴14021
₴6736
₴13260
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
-
-
-
47 000
social contributions
-
-
-
7 523
income
-
-
-
13 101
total
-
-
-
20 624
Employee
26 970
-
47 000
-
social contributions
2 241
-
7 523
-
income
5 089
-
13 101
-
total
7 330
-
20 624
-
Employer
26 970
-
47 000
-
total
-
-
-
-
Corporate
20 030
47 000
-
-
income
2 504
5 875
-
-
total
2 504
5 875
-
-
Dividends
17 526
41 125
-
-
withholding
3 505
8 225
-
-
total
3 505
8 225
-
-
Income
47 000
47 000
47 000
47 000
Total tax
13 339
14 100
20 624
20 624
After tax
33 661
32 900
26 376
26 376
Living cost
19 640
19 640
19 640
19 640
Free-cash
14 021
13 260
6 736
6 736

Estimated living cost  is ₴19640 per week

₴14942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
₴8684
₴8726
₴6448
₴10527
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
-
-
-
47 000
national
-
-
-
10 859
regional
-
-
-
540
social contributions
-
-
-
12 089
municipal
-
-
-
279
total
-
-
-
23 767
Employee
30 642
-
47 000
-
municipal
162
-
249
-
national
5 310
-
9 430
-
social contributions
10 333
-
15 848
-
regional
289
-
476
-
total
16 094
-
26 003
-
Employer
30 642
-
47 000
-
total
-
-
-
-
Corporate
16 358
47 000
-
-
nationa
3 926
11 280
-
-
municipal
638
1 833
-
-
total
4 564
13 113
-
-
Dividends
11 794
33 887
-
-
withholding
3 067
8 811
-
-
total
3 067
8 811
-
-
Income
47 000
47 000
47 000
47 000
Total tax
23 725
21 924
26 003
23 767
After tax
23 275
25 076
20 997
23 233
Living cost
14 549
14 549
14 549
14 549
Free-cash
8 726
10 527
6 448
8 684

Estimated living cost  is ₴14549 per week

₴10141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴3230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴13776
₴14652
₴11553
₴15416
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
-
-
-
47 000
national
-
-
-
10 859
regional
-
-
-
709
social contributions
-
-
-
12 089
municipal
-
-
-
279
total
-
-
-
23 936
Employee
19 126
-
47 000
-
municipal
101
-
249
-
national
3 030
-
9 430
-
social contributions
6 449
-
15 848
-
regional
257
-
632
-
total
9 837
-
26 159
-
Employer
19 126
-
47 000
-
total
-
-
-
-
Corporate
27 874
47 000
-
-
nationa
6 690
11 280
-
-
municipal
1 385
2 336
-
-
total
8 075