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

Valencia , Spain
₴21667
₴16807
₴18084
₴23041
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
-
-
-
197
income
-
-
-
12 089
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
20 549
Employee
11 251
-
38 009
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
11 044
-
other
11
-
28
-
total
2 883
-
12 835
-
Employer
11 251
-
38 009
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
32 162
47 000
-
-
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.

4 824
7 050
-
-
total
4 824
7 050
-
-
Dividends
27 338
39 950
-
-
withholding
5 672
8 542
-
-
total
5 672
8 542
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 966
15 592
21 826
20 549
After tax
30 034
31 408
25 174
26 451
Living cost
8 367
8 367
8 367
8 367
Free-cash
21 667
23 041
16 807
18 084

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
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.
₴1769
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
₴24369
₴18690
₴16925
₴26423
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
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.

-
-
-
11 105
income
-
-
-
6 628
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
21 967
Employee
11 048
-
37 540
-
health
155
-
525
-
unemployment
110
-
375
-
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.

773
-
2 628
-
income
1 902
-
7 215
-
total
2 940
-
10 743
-
Employer
11 048
-
37 540
-
health
155
-
525
-
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.

1 878
-
6 382
-
accident
88
-
300
-
unemployment
110
-
375
-
other
553
-
1 877
-
total
2 784
-
9 459
-
Corporate
33 168
47 000
-
-
income
6 965
9 870
-
-
total
6 965
9 870
-
-
Dividends
26 203
37 130
-
-
withholding
1 834
2 599
-
-
total
1 834
2 599
-
-
Income
47 000
47 000
47 000
47 000
Total tax
14 523
12 469
20 202
21 967
After tax
32 477
34 531
26 798
25 033
Living cost
8 108
8 108
8 108
8 108
Free-cash
24 369
26 423
18 690
16 925

Estimated living cost  is ₴8108 per week

₴5728
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.
₴1701
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
₴34785
₴34897
₴33127
₴36198
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
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
7 050
health
-
-
-
1 222
total
-
-
-
9 886
Employee
5 280
-
44 916
-
health
243
-
489
-
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.

464
-
933
-
income
528
-
4 492
-
total
1 293
-
6 031
-
Employer
5 280
-
44 916
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
40 684
47 000
-
-
income
4 068
4 700
-
-
total
4 068
4 700
-
-
Dividends
36 616
42 300
-
-
withholding
1 831
2 115
-
-
total
1 831
2 115
-
-
Income
47 000
47 000
47 000
47 000
Total tax
8 228
6 815
8 116
9 886
After tax
38 772
40 185
38 884
37 114
Living cost
3 987
3 987
3 987
3 987
Free-cash
34 785
36 198
34 897
33 127

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
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.
₴1269
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
₴15076
₴16157
₴16183
₴13277
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
income
-
-
-
6 821
other
-
-
-
1 457
health
-
-
-
1 781
social contributions
-
-
-
1 339
pensions
-
-
-
9 009
surtax
-
-
-
-
total
-
-
-
20 407
Employee
13 022
-
36 787
-
pensions
1 472
-
2 386
-
income
769
-
6 787
-
social contributions
371
-
1 048
-
surtax
-
-
-
-
total
2 612
-
10 221
-
Employer
13 022
-
36 787
-
health
912
-
3 201
-
social contributions
39
-
110
-
pensions
2 139
-
4 049
-
unemployment
527
-
1 490
-
other
449
-
1 362
-
total
4 066
-
10 212
-
Corporate
29 911
47 000
-
-
income
8 375
13 160
-
-
surtax
-
-
-
-
total
8 375
13 160
-
-
Dividends
21 536
33 840
-
-
social contributions
3 704
5 821
-
-
surtax
-
-
-
-
withholding
2 757
4 332
-
-
total
6 461
10 153
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 514
23 313
20 433
20 407
After tax
25 486
23 687
26 567
26 593
Living cost
10 410
10 410
10 410
10 410
Free-cash
15 076
13 277
16 157
16 183

Estimated living cost  is ₴10410 per week

₴6564
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.
₴2823
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
₴8562
₴15903
₴13661
₴10426
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
pensions
-
-
-
3 565
income
-
-
-
13 276
health
-
-
-
3 752
total
-
-
-
20 593
Employee
25 983
25 983
41 345
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
5 380
-
total
12 918
11 210
12 697
-
Employer
25 983
25 983
41 345
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
16 785
16 467
-
-
income
3 357
3 294
-
-
total
3 357
3 294
-
-
Dividends
13 428
13 173
-
-
income
2 854
2 799
-
-
withholding
2 014
1 976
-
-
total
4 868
4 775
-
-
Income
47 000
47 000
47 000
47 000
Total tax
25 692
23 828
18 351
20 593
After tax
21 308
23 172
28 649
26 407
Living cost
12 746
12 746
12 746
12 746
Free-cash
8 562
10 426
15 903
13 661

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
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
₴17865
₴21149
₴15975
₴14500
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
trade
-
-
-
5 174
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.

-
-
-
13 797
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.

-
-
-
2 079
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.

-
-
-
759
total
-
-
-
21 809
Employee

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

11 638
-
47 000
-
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.

2 079
-
2 079
-
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
-
13 797
-
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.

18
-
759
-
total
2 422
-
16 635
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 362
47 000
-
-
income
5 304
7 050
-
-
trade
5 570
7 402
-
-
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.

292
388
-
-
chamber of commerce
97
114
-
-
total
11 263
14 954
-
-
Dividends
24 100
32 046
-
-
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.

325
434
-
-
withholding
5 909
7 896
-
-
total
6 234
8 330
-
-
Income
47 000
47 000
47 000
47 000
Total tax
19 919
23 284
16 635
21 809
After tax
27 081
23 716
30 365
25 191
Living cost
9 216
9 216
9 216
9 216
Free-cash
17 865
14 500
21 149
15 975

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
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.
₴2172
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
₴25607
₴24979
₴25409
₴27262
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
income
-
-
-
8 424
health
-
-
-
1 199
social contributions
-
-
-
4 923
total
-
-
-
14 546
Employee
23 397
23 397
43 575
-
health
181
398
741
-
income
2 548
2 166
8 191
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
11 551
-
Employer
23 397
23 397
43 575
-
health
197
433
806
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 425
-
Corporate
35 260
21 228
-
-
income
4 407
2 654
-
-
total
4 407
2 654
-
-
Dividends
30 853
18 574
-
-
withholding
5 245
3 158
-
-
total
5 245
3 158
-
-
Income
47 000
47 000
47 000
47 000
Total tax
14 348
12 693
14 976
14 546
After tax
32 652
34 307
32 024
32 454
Living cost
7 045
7 045
7 045
7 045
Free-cash
25 607
27 262
24 979
25 409

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
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.
₴1976
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
₴16883
₴12487
₴15861
₴17190
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.

-
-
-
47 000
income
-
-
-
5 262
social contributions

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

-
-
-
16 333
surtax
-
-
-
-
total
-
-
-
21 595
Employee
13 994
-
37 980
-
income
2 911
-
11 771
-
social contributions
1 539
-
4 178
-
surtax
-
-
-
-
total
4 450
-
15 949
-
Employer
13 994
-
37 980
-
social contributions
3 324
-
9 020
-
total
3 324
-
9 020
-
Corporate
29 682
47 000
-
-
income
6 233
9 870
-
-
surtax
-
-
-
-
total
6 233
9 870
-
-
Dividends
23 449
37 130
-
-
withholding
6 566
10 396
-
-
total
6 566
10 396
-
-
Income
47 000
47 000
47 000
47 000
Total tax
20 573
20 266
24 969
21 595
After tax
26 427
26 734
22 031
25 405
Living cost
9 544
9 544
9 544
9 544
Free-cash
16 883
17 190
12 487
15 861

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
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.
₴1681
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
₴41850
₴35242
₴44172
₴42292
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
2 948
-
47 000
-
income
589
-
9 400
-
total
589
-
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%.

44 052
47 000
-
-
total
-
-
-
-
Dividends
44 052
47 000
-
-
withholding
2 203
2 350
-
-
total
2 203
2 350
-
-
Income
47 000
47 000
47 000
47 000
Total tax
2 792
2 350
9 400
470
After tax
44 208
44 650
37 600
46 530
Living cost
2 358
2 358
2 358
2 358
Free-cash
41 850
42 292
35 242
44 172

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
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.
₴636
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
₴21653
₴13884
₴15130
₴24198
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.

-
-
-
47 000
pensions
-
-
-
8 583
unemployment
-
-
-
70
income
-
-
-
10 432
health
-
-
-
4 624
total
-
-
-
23 709
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.

13 455
-
40 669
-
health
869
-
2 627
-
unemployment
19
-
57
-
pensions
2 086
-
6 304
-
income
2 320
-
9 636
-
total
5 294
-
18 624
-
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.

13 455
-
40 669
-
health
896
-
2 708
-
pensions
1 191
-
3 599
-
unemployment
8
-
24
-
total
2 095
-
6 331
-
Corporate
31 450
47 000
-
-
income
5 976
8 930
-
-
total
5 976
8 930
-
-
Dividends
25 475
38 070
-
-
withholding
3 821
5 711
-
-
total
3 821
5 711
-
-
Income
47 000
47 000
47 000
47 000
Total tax
17 186
14 641
24 955
23 709
After tax
29 814
32 359
22 045
23 291
Living cost
8 161
8 161
8 161
8 161
Free-cash
21 653
24 198
13 884
15 130

Estimated living cost  is ₴8161 per week

₴5601
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.
₴1879
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
₴18961
₴22774
₴25370
₴17897
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.

-
-
-
47 000
income
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
45 600
-
social contributions
1 398
-
1 400
-
income
1 515
-
10 381
-
total
2 913
-
11 781
-
Employer
13 958
-
45 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
31 643
47 000
-
-
income
11 075
16 450
-
-
total
11 075
16 450
-
-
Dividends
20 568
30 550
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 994
18 058
13 181
10 585
After tax
30 006
28 942
33 819
36 415
Living cost
11 045
11 045
11 045
11 045
Free-cash
18 961
17 897
22 774
25 370

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
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.
₴2729
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
₴22380
₴22955
₴23731
₴22223
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
income
-
-
-
7 050
health
-
-
-
3 281
social contributions
-
-
-
6 486
total
-
-
-
16 817
Employee
10 317
-
47 000
-
health
720
-
3 281
-
income
1 721
-
7 826
-
social contributions
1 424
-
6 486
-
total
3 865
-
17 593
-
Employer
10 317
-
47 000
-
total
-
-
-
-
Corporate
36 683
47 000
-
-
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%.

1 834
2 350
-
-
total
1 834
2 350
-
-
Dividends
34 849
44 650
-
-
social contributions
4 809
6 162
-
-
withholding
5 227
6 697
-
-
health
2 433
3 116
-
-
total
12 469
15 975
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 168
18 325
17 593
16 817
After tax
28 832
28 675
29 407
30 183
Living cost
6 452
6 452
6 452
6 452
Free-cash
22 380
22 223
22 955
23 731

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
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.
₴1587
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
₴20805
₴15561
₴17586
₴23843
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
income
-
-
-
4 606
health
-
-
-
6 345
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
-
total
-
-
-
20 897
Employee
12 525
-
35 307
-
health
1 691
-
4 766
-
solidarity contribution
-
-
-
-
income
1 503
-
4 249
-
social contributions
814
-
2 214
-
total
4 008
-
11 229
-
Employer
12 525
-
35 307
-
health
1 127
-
3 178
-
social contributions
3 131
-
8 515
-
total
4 258
-
11 693
-
Corporate
30 216
47 000
-
-
income
5 741
8 930
-
-
total
5 741
8 930
-
-
Dividends
24 475
38 070
-
-
withholding
3 671
5 710
-
-
total
3 671
5 710
-
-
Income
47 000
47 000
47 000
47 000
Total tax
17 678
14 640
22 922
20 897
After tax
29 322
32 360
24 078
26 103
Living cost
8 517
8 517
8 517
8 517
Free-cash
20 805
23 843
15 561
17 586

Estimated living cost  is ₴8517 per week

₴6334
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.
₴1564
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
₴40286
₴33925
₴42855
₴40975
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
4 594
-
47 000
-
income
919
-
9 400
-
total
919
-
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%.

42 406
47 000
-
-
total
-
-
-
-
Dividends
42 406
47 000
-
-
withholding
2 120
2 350
-
-
total
2 120
2 350
-
-
Income
47 000
47 000
47 000
47 000
Total tax
3 039
2 350
9 400
470
After tax
43 961
44 650
37 600
46 530
Living cost
3 675
3 675
3 675
3 675
Free-cash
40 286
40 975
33 925
42 855

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
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
₴11083
₴11871
₴11897
₴8991
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
income
-
-
-
6 821
other
-
-
-
1 457
health
-
-
-
1 781
social contributions
-
-
-
1 339
pensions
-
-
-
9 009
surtax
-
-
-
-
total
-
-
-
20 407
Employee
19 057
-
36 787
-
pensions
2 155
-
2 386
-
income
1 663
-
6 787
-
social contributions
543
-
1 048
-
surtax
-
-
-
-
total
4 361
-
10 221
-
Employer
19 057
-
36 787
-
health
1 334
-
3 201
-
social contributions
57
-
110
-
pensions
3 131
-
4 049
-
unemployment
772
-
1 490
-
other
658
-
1 362
-
total
5 952
-
10 212
-
Corporate
21 991
47 000
-
-
income
6 157
13 160
-
-
surtax
-
-
-
-
total
6 157
13 160
-
-
Dividends
15 834
33 840
-
-
social contributions
2 724
5 821
-
-
surtax
-
-
-
-
withholding
2 027
4 332
-
-
total
4 751
10 153
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 221
23 313
20 433
20 407
After tax
25 779
23 687
26 567
26 593
Living cost
14 696
14 696
14 696
14 696
Free-cash
11 083
8 991
11 871
11 897

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
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
₴27221
₴22796
₴22797
₴28711
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.

-
-
-
47 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
10 483
health
-
-
-
2 309
total
-
-
-
18 957
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.

7 911
-
42 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
10 483
-
total
2 664
-
14 945
-
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.

7 911
-
42 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
37 673
47 000
-
-
income
5 651
7 050
-
-
total
5 651
7 050
-
-
Dividends
32 022
39 950
-
-
withholding
4 803
5 993
-
-
total
4 803
5 993
-
-
Income
47 000
47 000
47 000
47 000
Total tax
14 533
13 043
18 958
18 957
After tax
32 467
33 957
28 042
28 043
Living cost
5 246
5 246
5 246
5 246
Free-cash
27 221
28 711
22 796
22 797

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
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.
₴1156
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
₴9654
₴15205
₴17368
₴803
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
pensions
-
-
-
4 324
city
-
-
-
495
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.

-
-
-
940
health
-
-
-
106
regional
-
-
-
2 310
national
-
-
-
768
total
-
-
-
8 943
Employee
24 212
-
42 068
-
health
55
-
95
-
unemployment
-
-
-
-
city
260
-
452
-
pensions
2 034
-
3 534
-
regional
793
-
1 989
-
national
115
-
566
-
total
3 257
-
6 636
-
Employer
24 212
-
42 068
-
health
55
-
95
-
pensions
2 034
-
3 534
-
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
-
841
-
total
2 573
-
4 470
-
Corporate
19 949
47 000
-
-
regional
4 219
9 940
-
-
national
1 696
3 995
-
-
total
5 915
13 935
-
-
Dividends
14 035
33 065
-
-
withholding
4 912
11 573
-
-
total
4 912
11 573
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 657
25 508
11 106
8 943
After tax
30 343
21 492
35 894
38 057
Living cost
20 689
20 689
20 689
20 689
Free-cash
9 654
803
15 205
17 368

Estimated living cost  is ₴20689 per week

₴13454
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.
₴5125
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
₴18786
₴13394
₴19590
₴18179
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
municipal
-
-
-
8 353
health
-
-
-
597
national
-
-
-
6 778
total
-
-
-
15 728
Employee
16 008
-
39 539
-
health
120
-
482
-
unemployment
240
-
593
-
pensions
1 080
-
2 669
-
national
264
-
4 277
-
municipal
2 622
-
6 443
-
total
4 326
-
14 464
-
Employer
16 008
-
39 539
-
health
123
-
304
-
pensions
2 777
-
6 860
-
accident
16
-
39
-
unemployment
104
-
257
-
total
3 020
-
7 460
-
Corporate
27 971
47 000
-
-
income
5 595
9 400
-
-
total
5 595
9 400
-
-
Dividends

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

16 783
28 200
-
-
municipal
3 021
5 076
-
-
national
570
2 663
-
-
total
3 591
7 739
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 532
17 139
21 924
15 728
After tax
30 468
29 861
25 076
31 272
Living cost
11 682
11 682
11 682
11 682
Free-cash
18 786
18 179
13 394
19 590

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
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.
₴2742
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
₴10642
₴5823
₴9355
₴15205
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
communal

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

-
-
-
2 381
social contributions
-
-
-
7 323
national
-
-
-
16 847
total
-
-
-
26 551
Employee

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

21 765
-
36 403
-
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.

1 023
-
1 711
-
communal

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

1 135
-
1 899
-
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
-
316
-
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.

1 632
-
2 730
-
national
6 691
-
12 831
-
total
10 670
-
19 487
-
Employer

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

21 765
-
36 403
-
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.

1 338
-
2 239
-
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.

1 929
-
3 225
-
surtax
2 468
-
4 128
-
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
-
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.

318
-
531
-
total
6 336
-
10 596
-
Corporate
18 900
47 000
-
-
income
3 780
9 400
-
-
surtax
76
188
-
-
total
3 856
9 588
-
-
Dividends
15 044
37 412
-
-
withholding

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

4 402
11 113
-
-
total
4 402
11 113
-
-
Income
47 000
47 000
47 000
47 000
Total tax
25 264
20 701
30 083
26 551
After tax
21 736
26 299
16 917
20 449
Living cost
11 094
11 094
11 094
11 094
Free-cash
10 642
15 205
5 823
9 355

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
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.
₴2804
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
₴12160
₴11281
₴11626
₴12457
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
-
-
-
29
municipal
-
-
-
11 515
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
2 269
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
22 169
Employee
18 816
-
37 907
-
national
-
-
2 116
-
municipal
5 611
-
11 304
-
total
5 611
-
13 420
-
Employer
18 816
-
37 907
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
22 272
47 000
-
-
income
4 900
10 340
-
-
total
4 900
10 340
-
-
Dividends
17 372
36 660
-
-
withholding
5 212
10 998
-
-
total
5 212
10 998
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 635
21 338
22 514
22 169
After tax
25 365
25 662
24 486
24 831
Living cost
13 205
13 205
13 205
13 205
Free-cash
12 160
12 457
11 281
11 626

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
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.
₴2957
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
-₴3817
₴27811
₴17775
₴13889
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
income
-
-
-
9 161
social contributions
-
-
-
5 358
total
-
-
-
14 519
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
-
47 000
-
-
income
-
10 340
-
-
total
-
10 340
-
-
Dividends
-
36 660
-
-
income
-
8 065
-
-
total
-
8 065
-
-
Income
47 000
47 000
47 000
47 000
Total tax
36 111
18 405
4 483
14 519
After tax
10 889
28 595
42 517
32 481
Living cost
14 706
14 706
14 706
14 706
Free-cash
-3 817
13 889
27 811
17 775

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴3594
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
₴23178
₴22155
₴22585
₴24438
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
income
-
-
-
8 424
health
-
-
-
1 199
social contributions
-
-
-
4 923
total
-
-
-
14 546
Employee
23 397
23 397
43 575
-
health
233
398
741
-
income
2 457
2 166
8 191
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
11 551
-
Employer
23 397
23 397
43 575
-
health
253
433
806
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 425
-
Corporate
31 914
21 228
-
-
income
3 989
2 654
-
-
total
3 989
2 654
-
-
Dividends
27 925
18 574
-
-
withholding
4 747
3 158
-
-
total
4 747
3 158
-
-
Income
47 000
47 000
47 000
47 000
Total tax
13 953
12 693
14 976
14 546
After tax
33 047
34 307
32 024
32 454
Living cost
9 869
9 869
9 869
9 869
Free-cash
23 178
24 438
22 155
22 585

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
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.
₴2186
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
₴22100
₴16322
₴20604
₴20359
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
income
-
-
-
12 922
pensions
-
-
-
2 550
total
-
-
-
15 472
Employee
14 994
-
41 102
-
health
196
-
615
-
pensions
1 144
-
3 172
-
income
2 731
-
10 069
-
total
4 071
-
13 856
-
Employer
14 994
-
41 102
-
health
285
-
781
-
pensions
1 515
-
5 117
-
total
1 800
-
5 898
-
Corporate
30 206
47 000
-
-
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.

5 739
8 930
-
-
total
5 739
8 930
-
-
Dividends
24 467
38 070
-
-
withholding
2 366
6 787
-
-
total
2 366
6 787
-
-
Income
47 000
47 000
47 000
47 000
Total tax
13 976
15 717
19 754
15 472
After tax
33 024
31 283
27 246
31 528
Living cost
10 924
10 924
10 924
10 924
Free-cash
22 100
20 359
16 322
20 604

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
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.
₴2288
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
₴11251
₴8093
₴10171
₴12636
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
municipal
-
-
-
314
regional
-
-
-
1 069
social contributions
-
-
-
12 089
national
-
-
-
11 236
total
-
-
-
24 708
Employee
25 640
-
47 000
-
social contributions
8 646
-
15 848
-
regional
387
-
944
-
national
4 333
-
9 713
-
municipal
153
-
281
-
total
13 519
-
26 786
-
Employer
25 640
-
47 000
-
total
-
-
-
-
Corporate
21 360
47 000
-
-
nationa
5 126
11 280
-
-
municipal
1 030
2 265
-
-
total
6 156
13 545
-
-
Dividends
15 205
33 455
-
-
withholding
3 953
8 698
-
-
total
3 953
8 698
-
-
Income
47 000
47 000
47 000
47 000
Total tax
23 628
22 243
26 786
24 708
After tax
23 372
24 757
20 214
22 292
Living cost
12 121
12 121
12 121
12 121
Free-cash
11 251
12 636
8 093
10 171

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
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.
₴2590
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
₴2811
₴18855
₴25650
-₴2691
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
pensions
-
-
-
1 229
income
-
-
-
12 795
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
14 852
Employee
10 222
-
42 015
-
health
1 170
-
4 811
-
pensions
1 151
-
2 253
-
income
1 402
-
9 598
-
total
3 723
-
16 662
-
Employer
10 222
-
42 015
-
pensions
1 662
-
3 254
-
accident
171
-
702
-
unemployment
250
-
1 029
-
total
2 083
-
4 985
-
Corporate
34 695
47 000
-
-
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.

31 226
42 300
-
-
total
31 226
42 300
-
-
Dividends
3 469
4 700
-
-
withholding
659
893
-
-
total
659
893
-
-
Income
47 000
47 000
47 000
47 000
Total tax
37 691
43 193
21 647
14 852
After tax
9 309
3 807
25 353
32 148
Living cost
6 498
6 498
6 498
6 498
Free-cash
2 811
-2 691
18 855
25 650

Estimated living cost  is ₴6498 per week

₴4762
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.
₴1240
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
₴16431
₴18618
₴13903
₴12452
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
trade
-
-
-
4 715
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.

-
-
-
13 797
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.

-
-
-
2 079
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.

-
-
-
759
total
-
-
-
21 350
Employee

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

15 139
-
47 000
-
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.

2 079
-
2 079
-
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.

1 245
-
13 797
-
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.

69
-
759
-
total
3 393
-
16 635
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 861
47 000
-
-
income
4 779
7 050
-
-
trade
4 572
6 745
-
-
surtax

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

263
388
-
-
chamber of commerce
93
115
-
-
total
9 707
14 298
-
-
Dividends
22 154
32 702
-
-
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.

299
443
-
-
withholding
5 423
8 060
-
-
total
5 722
8 503
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 822
22 801
16 635
21 350
After tax
28 178
24 199
30 365
25 650
Living cost
11 747
11 747
11 747
11 747
Free-cash
16 431
12 452
18 618
13 903

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
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.
₴2209
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
₴28774
₴22130
₴9245
₴31270
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.

-
-
-
47 000
income
-
-
-
7 782
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.

-
-
-
11 658
surtax
-
-
-
11 985
total
-
-
-
31 425
Employee
8 891
-
33 995
-
income
1 583
-
6 612
-
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.

978
-
3 739
-
surtax
-
-
-
-
total
2 561
-
10 351
-
Employer
8 891
-
33 995
-
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.

2 142
-
8 189
-
surtax
-
-
-
-
total
2 142
-
8 189
-
Corporate
35 967
47 000
-
-
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%.

7 193
9 400
-
-
total
7 193
9 400
-
-
Dividends

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

28 774
37 600
-
-
total
-
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
11 896
9 400
18 540
31 425
After tax
35 104
37 600
28 460
15 575
Living cost
6 330
6 330
6 330
6 330
Free-cash
28 774
31 270
22 130
9 245

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
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.
₴1545
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
₴24923
₴24275
₴24546
₴25545
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
income
-
-
-
13 912
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
18 671
Employee
5 761
-
43 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
13 767
-
total
1 980
-
15 837
-
Employer
5 761
-
43 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
39 942
47 000
-
-
income
8 787
10 340
-
-
total
8 787
10 340
-
-
Dividends
31 155
36 660
-
-
withholding
6 231
7 332
-
-
total
6 231
7 332
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 294
17 672
18 942
18 671
After tax
28 706
29 328
28 058
28 329
Living cost
3 783
3 783
3 783
3 783
Free-cash
24 923
25 545
24 275
24 546

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
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.
₴1141
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
₴21761
₴13865
₴15470
₴22729
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
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
11 894
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
1 728
total
-
-
-
24 696
Employee
10 247
-
38 827
-
health
262
-
990
-
unemployment
713
-
2 702
-
pensions
684
-
2 590
-
income
1 718
-
10 372
-
other
-
-
-
-
surtax
36
-
1 474
-
total
3 413
-
18 128
-
Employer
10 247
-
38 827
-
health
466
-
1 766
-
pensions
1 366
-
5 176
-
unemployment
325
-
1 231
-
other
-
-
-
-
total
2 157
-
8 173
-
Corporate
34 596
47 000
-
-
income
8 995
12 220
-
-
total
8 995
12 220
-
-
Dividends
25 601
34 780
-
-
withholding
3 840
5 217
-
-
total
3 840
5 217
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 405
17 437
26 301
24 696
After tax
28 595
29 563
20 699
22 304
Living cost
6 834
6 834
6 834
6 834
Free-cash
21 761
22 729
13 865
15 470

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
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.
₴1956
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
₴16243
₴2592
₴14458
₴16394
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
pensions
-
-
-
6 576
chamber of commerce
-
-
-
188
unemployment
-
-
-
1 866
income
-
-