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
₴ 47500
per

Your estimated
City
free-cash

Andorra , Andorra
₴25006
₴31131
₴26268
₴32299
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
-
-
-
47 500
social contributions
-
-
-
10 450
income
-
-
-
1 593
total
-
-
-
12 043
Employee
11 178
-
41 126
-
social contributions
726
-
2 673
-
income
-
-
1 734
-
total
726
-
4 407
-
Employer
11 178
-
41 126
-
social contributions
1 733
-
6 374
-
total
1 733
-
6 374
-
Corporate
34 590
47 500
-
-
income
3 459
4 750
-
-
total
3 459
4 750
-
-
Dividends
31 130
42 750
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
5 918
4 750
10 781
12 043
After tax
41 582
42 750
36 719
35 457
Living cost
10 451
10 451
10 451
10 451
Free-cash
31 131
32 299
26 268
25 006

Estimated living cost  is ₴10451 per week

₴6758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
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.
₴2709
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
₴13028
₴15186
₴1693
₴15357
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
-
-
-
47 500
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
3 107
chamber of commerce
-
-
-
190
pensions
-
-
-
7 514
income
-
-
-
10 437
total
-
-
-
23 380
Employee
15 198
13 856
36 885
-
unemployment
456
416
1 106
-
other
152
139
369
-
income
1 354
1 022
8 530
-
pensions
1 556
1 419
3 777
-
health
588
536
1 427
-
total
4 106
3 532
15 209
-
Employer
15 198
13 856
36 885
-
pensions
1 907
1 739
4 629
-
surtax
-
-
-
-
payroll
456
416
1 106
-
other
722
658
1 752
-
health
575
524
1 394
-
accident
197
180
480
-
unemployment
456
416
1 106
-
chamber of commerce
61
55
148
-
total
4 374
3 988
10 615
-
Corporate
27 928
29 657
35 565
-
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.

6 982
7 414
8 891
-
total
6 982
7 414
8 891
-
Dividends
20 946
22 242
-
-
withholding
5 760
6 117
-
-
total
5 760
6 117
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 222
21 051
34 715
23 380
After tax
26 278
26 449
12 785
24 120
Living cost
11 092
11 092
11 092
11 092
Free-cash
15 186
15 357
1 693
13 028

Estimated living cost  is ₴11092 per week

₴6654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3108
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
₴11800
₴13625
₴522
₴14161
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
-
-
-
47 500
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
3 107
chamber of commerce
-
-
-
190
pensions
-
-
-
7 514
income
-
-
-
10 437
total
-
-
-
23 449
Employee
17 376
13 856
36 831
-
unemployment
521
416
1 105
-
other
174
139
368
-
income
1 978
1 022
8 511
-
pensions
1 779
1 419
3 771
-
health
672
536
1 425
-
total
5 124
3 532
15 180
-
Employer
17 376
13 856
36 831
-
pensions
2 181
1 739
4 623
-
surtax
69
69
69
-
payroll
521
416
1 105
-
other
825
658
1 749
-
health
656
524
1 392
-
accident
226
180
479
-
unemployment
521
416
1 105
-
chamber of commerce
69
55
147
-
total
5 068
4 057
10 669
-
Corporate
25 056
29 588
35 512
-
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.

6 264
7 397
8 878
-
total
6 264
7 397
8 878
-
Dividends
18 792
22 191
-
-
withholding
5 168
6 102
-
-
total
5 168
6 102
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 624
21 088
34 727
23 449
After tax
25 876
26 412
12 773
24 051
Living cost
12 251
12 251
12 251
12 251
Free-cash
13 625
14 161
522
11 800

Estimated living cost  is ₴12251 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1045
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.
₴2834
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
₴8347
₴8704
₴4814
₴13917
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
-
-
-
47 500
national
-
-
-
16 587
communal

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

-
-
-
2 400
social contributions
-
-
-
7 489
total
-
-
-
26 476
Employee

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

24 870
-
36 790
-
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.

216
-
320
-
national
7 646
-
12 573
-
communal

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

1 297
-
1 919
-
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.

1 865
-
2 759
-
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.

1 168
-
1 729
-
total
12 192
-
19 300
-
Employer

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

24 870
-
36 790
-
surtax
2 820
-
4 173
-
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.

2 204
-
3 259
-
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.

1 529
-
2 262
-
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.

323
-
478
-
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.

363
-
537
-
total
7 239
-
10 709
-
Corporate
15 391
47 500
-
-
income
3 078
9 500
-
-
surtax
61
190
-
-
total
3 139
9 690
-
-
Dividends
12 251
37 810
-
-
withholding

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

3 549
11 216
-
-
total
3 549
11 216
-
-
Income
47 500
47 500
47 500
47 500
Total tax
26 119
20 906
30 009
26 476
After tax
21 381
26 594
17 491
21 024
Living cost
12 677
12 677
12 677
12 677
Free-cash
8 704
13 917
4 814
8 347

Estimated living cost  is ₴12677 per week

₴8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
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.
₴3205
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
₴31149
₴32511
₴32863
₴34631
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
-
-
-
47 500
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
7 125
total
-
-
-
10 369
Employee
7 921
-
45 117
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
792
-
4 512
-
pensions

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

695
-
1 067
-
health
364
-
559
-
total
1 938
-
6 272
-
Employer
7 921
-
45 117
-
pensions

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

873
-
1 338
-
health
547
-
838
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 555
-
2 383
-
Corporate
38 025
47 500
-
-
income
3 803
4 750
-
-
total
3 803
4 750
-
-
Dividends
34 223
42 750
-
-
withholding
1 711
2 137
-
-
total
1 711
2 137
-
-
Income
47 500
47 500
47 500
47 500
Total tax
9 007
6 887
8 655
10 369
After tax
38 493
40 613
38 845
37 131
Living cost
5 982
5 982
5 982
5 982
Free-cash
32 511
34 631
32 863
31 149

Estimated living cost  is ₴5982 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
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.
₴1541
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
₴32572
₴34438
₴34286
₴36054
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
-
-
-
47 500
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
7 125
total
-
-
-
10 369
Employee
6 037
-
45 117
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
income
604
-
4 512
-
pensions

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

530
-
1 067
-
health
278
-
559
-
total
1 478
-
6 272
-
Employer
6 037
-
45 117
-
pensions

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

665
-
1 338
-
health
417
-
838
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
unemployment
36
-
73
-
total
1 184
-
2 383
-
Corporate
40 278
47 500
-
-
income
4 028
4 750
-
-
total
4 028
4 750
-
-
Dividends
36 250
42 750
-
-
withholding
1 813
2 137
-
-
total
1 813
2 137
-
-
Income
47 500
47 500
47 500
47 500
Total tax
8 503
6 887
8 655
10 369
After tax
38 997
40 613
38 845
37 131
Living cost
4 559
4 559
4 559
4 559
Free-cash
34 438
36 054
34 286
32 572

Estimated living cost  is ₴4559 per week

₴2662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
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.
₴1451
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
₴25105
₴24754
₴24649
₴26646
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
-
-
-
47 500
health
-
-
-
1 211
social contributions
-
-
-
5 625
income
-
-
-
7 509
total
-
-
-
14 345
Employee
26 735
26 735
43 699
-
income
2 911
2 475
7 264
-
social contributions
1 011
2 219
2 993
-
health
207
455
743
-
total
4 129
5 149
11 000
-
Employer
26 735
26 735
43 699
-
social contributions
1 011
2 219
2 993
-
health
225
495
808
-
total
1 236
2 714
3 801
-
Corporate
34 085
18 051
-
-
income
4 261
2 256
-
-
total
4 261
2 256
-
-
Dividends
29 824
15 795
-
-
withholding
5 070
2 685
-
-
total
5 070
2 685
-
-
Income
47 500
47 500
47 500
47 500
Total tax
14 696
12 804
14 801
14 345
After tax
32 804
34 696
32 699
33 155
Living cost
8 050
8 050
8 050
8 050
Free-cash
24 754
26 646
24 649
25 105

Estimated living cost  is ₴8050 per week

₴4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴2258
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
₴21878
₴21978
₴21422
₴23419
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
-
-
-
47 500
health
-
-
-
1 211
social contributions
-
-
-
5 625
income
-
-
-
7 509
total
-
-
-
14 345
Employee
26 735
26 735
43 699
-
income
2 807
2 475
7 264
-
social contributions
1 299
2 219
2 993
-
health
266
455
743
-
total
4 372
5 149
11 000
-
Employer
26 735
26 735
43 699
-
social contributions
1 299
2 219
2 993
-
health
290
495
808
-
total
1 589
2 714
3 801
-
Corporate
30 262
18 051
-
-
income
3 783
2 256
-
-
total
3 783
2 256
-
-
Dividends
26 479
15 795
-
-
withholding
4 501
2 685
-
-
total
4 501
2 685
-
-
Income
47 500
47 500
47 500
47 500
Total tax
14 245
12 804
14 801
14 345
After tax
33 255
34 696
32 699
33 155
Living cost
11 277
11 277
11 277
11 277
Free-cash
21 978
23 419
21 422
21 878

Estimated living cost  is ₴11277 per week

₴7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2498
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
₴17048
₴21795
₴16064
₴24663
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
-
-
-
47 500
health
-
-
-
6 413
social contributions
-
-
-
11 571
income
-
-
-
4 427
solidarity contribution
-
-
-
-
total
-
-
-
22 411
Employee
11 826
-
35 448
-
income
1 419
-
4 254
-
social contributions
769
-
2 304
-
health
1 596
-
4 785
-
solidarity contribution
-
-
-
-
total
3 784
-
11 343
-
Employer
11 826
-
35 448
-
social contributions
2 956
-
8 862
-
health
1 064
-
3 190
-
total
4 020
-
12 052
-
Corporate
31 654
47 500
-
-
income
6 014
9 025
-
-
total
6 014
9 025
-
-
Dividends
25 639
38 475
-
-
withholding
3 846
5 771
-
-
total
3 846
5 771
-
-
Income
47 500
47 500
47 500
47 500
Total tax
17 664
14 796
23 395
22 411
After tax
29 836
32 704
24 105
25 089
Living cost
8 041
8 041
8 041
8 041
Free-cash
21 795
24 663
16 064
17 048

Estimated living cost  is ₴8041 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
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.
₴1726
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
₴15180
₴19260
₴14196
₴22795
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
-
-
-
47 500
health
-
-
-
6 413
social contributions
-
-
-
11 571
income
-
-
-
4 427
solidarity contribution
-
-
-
-
total
-
-
-
22 411
Employee
14 572
-
35 448
-
income
1 749
-
4 254
-
social contributions
947
-
2 304
-
health
1 967
-
4 785
-
solidarity contribution
-
-
-
-
total
4 663
-
11 343
-
Employer
14 572
-
35 448
-
social contributions
3 643
-
8 862
-
health
1 311
-
3 190
-
total
4 954
-
12 052
-
Corporate
27 973
47 500
-
-
income
5 315
9 025
-
-
total
5 315
9 025
-
-
Dividends
22 658
38 475
-
-
withholding
3 399
5 771
-
-
total
3 399
5 771
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 331
14 796
23 395
22 411
After tax
29 169
32 704
24 105
25 089
Living cost
9 909
9 909
9 909
9 909
Free-cash
19 260
22 795
14 196
15 180

Estimated living cost  is ₴9909 per week

₴7369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴1820
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
₴12029
-₴28459
-₴28459
-₴28459
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
-
-
-
47 500
national
-
-
-
5 122
pensions
-
-
-
302
municipal
-
-
-
9 481
labour market
-
-
-
3 776
total
-
-
-
18 681
Employee
70 867
70 867
70 867
-
municipal
15 091
15 091
15 091
-
national
8 658
8 658
8 658
-
pensions
101
101
101
-
labour market
5 661
5 661
5 661
-
total
29 511
29 511
29 511
-
Employer
70 867
70 867
70 867
-
pensions
201
201
201
-
labour market
5 669
5 669
5 669
-
municipal
15 115
15 115
15 115
-
national
8 673
8 673
8 673
-
total
29 658
29 658
29 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
59 169
59 169
59 169
18 681
After tax
-11 669
-11 669
-11 669
28 819
Living cost
16 790
16 790
16 790
16 790
Free-cash
-28 459
-28 459
-28 459
12 029

Estimated living cost  is ₴16790 per week

₴11491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3555
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
₴17062
₴27442
₴18980
₴29602
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
-
-
-
47 500
health
-
-
-
6 175
pensions
-
-
-
9 500
income
-
-
-
6 365
total
-
-
-
22 040
Employee
9 863
-
35 501
-
unemployment
158
-
568
-
income
1 110
-
6 845
-
pensions
197
-
710
-
total
1 465
-
8 123
-
Employer
9 863
-
35 501
-
pensions
1 973
-
7 100
-
health
1 282
-
4 615
-
unemployment
79
-
284
-
total
3 334
-
11 999
-
Corporate
34 303
47 500
-
-
income
6 861
9 500
-
-
total
6 861
9 500
-
-
Dividends
27 442
38 000
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
11 660
9 500
20 122
22 040
After tax
35 840
38 000
27 378
25 460
Living cost
8 398
8 398
8 398
8 398
Free-cash
27 442
29 602
18 980
17 062

Estimated living cost  is ₴8398 per week

₴5760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴1969
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
₴18955
₴17594
₴12444
₴17262
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

-
-
-
47 500
national
-
-
-
6 165
health
-
-
-
587
municipal
-
-
-
8 445
total
-
-
-
15 197
Employee
18 292
-
39 959
-
unemployment
274
-
599
-
municipal
2 996
-
6 515
-
national
302
-
3 887
-
pensions
1 234
-
2 697
-
health
137
-
470
-
total
4 943
-
14 168
-
Employer
18 292
-
39 959
-
pensions
3 174
-
6 933
-
health
141
-
307
-
accident
18
-
40
-
unemployment
119
-
260
-
total
3 452
-
7 540
-
Corporate
25 756
47 500
-
-
income
5 151
9 500
-
-
total
5 151
9 500
-
-
Dividends

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

15 454
28 500
-
-
municipal
2 782
5 130
-
-
national
230
2 260
-
-
total
3 012
7 390
-
-
Income
47 500
47 500
47 500
47 500
Total tax
16 558
16 890
21 708
15 197
After tax
30 942
30 610
25 792
32 303
Living cost
13 348
13 348
13 348
13 348
Free-cash
17 594
17 262
12 444
18 955

Estimated living cost  is ₴13348 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴3133
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
₴16271
₴15152
₴16926
₴13222
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
-
-
-
47 500
surtax
-
-
-
-
health
-
-
-
1 580
pensions
-
-
-
9 780
social contributions
-
-
-
1 354
income
-
-
-
6 325
other
-
-
-
1 473
total
-
-
-
20 512
Employee
13 283
-
37 574
-
income
685
-
6 584
-
surtax
-
-
-
-
social contributions
379
-
1 071
-
pensions
1 502
-
2 276
-
total
2 566
-
9 931
-
Employer
13 283
-
37 574
-
pensions
2 183
-
3 892
-
social contributions
40
-
113
-
other
459
-
1 322
-
health
930
-
3 078
-
unemployment
538
-
1 521
-
total
4 150
-
9 926
-
Corporate
30 069
47 500
-
-
income
8 420
13 300
-
-
surtax
-
-
-
-
total
8 420
13 300
-
-
Dividends
21 649
34 200
-
-
withholding
2 771
4 378
-
-
social contributions
3 724
5 883
-
-
surtax
-
-
-
-
total
6 495
10 261
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 631
23 561
19 857
20 512
After tax
25 869
23 939
27 643
26 988
Living cost
10 717
10 717
10 717
10 717
Free-cash
15 152
13 222
16 926
16 271

Estimated living cost  is ₴10717 per week

₴6215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
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.
₴3210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴15093
₴14100
₴15748
₴12044
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
-
-
-
47 500
surtax
-
-
-
-
health
-
-
-
1 580
pensions
-
-
-
9 780
social contributions
-
-
-
1 354
income
-
-
-
6 325
other
-
-
-
1 473
total
-
-
-
20 512
Employee
14 880
-
37 574
-
income
878
-
6 584
-
surtax
-
-
-
-
social contributions
424
-
1 071
-
pensions
1 682
-
2 276
-
total
2 984
-
9 931
-
Employer
14 880
-
37 574
-
pensions
2 445
-
3 892
-
social contributions
45
-
113
-
other
513
-
1 322
-
health
1 042
-
3 078
-
unemployment
602
-
1 521
-
total
4 647
-
9 926
-
Corporate
27 973
47 500
-
-
income
7 832
13 300
-
-
surtax
-
-
-
-
total
7 832
13 300
-
-
Dividends
20 140
34 200
-
-
withholding
2 578
4 378
-
-
social contributions
3 464
5 883
-
-
surtax
-
-
-
-
total
6 042
10 261
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 505
23 561
19 857
20 512
After tax
25 995
23 939
27 643
26 988
Living cost
11 895
11 895
11 895
11 895
Free-cash
14 100
12 044
15 748
15 093

Estimated living cost  is ₴11895 per week

₴7501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
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.
₴3226
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
₴10195
₴9537
₴10850
₴7146
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
-
-
-
47 500
surtax
-
-
-
-
health
-
-
-
1 580
pensions
-
-
-
9 780
social contributions
-
-
-
1 354
income
-
-
-
6 325
other
-
-
-
1 473
total
-
-
-
20 512
Employee
21 776
-
37 574
-
income
1 900
-
6 584
-
surtax
-
-
-
-
social contributions
620
-
1 071
-
pensions
2 463
-
2 276
-
total
4 983
-
9 931
-
Employer
21 776
-
37 574
-
pensions
3 578
-
3 892
-
social contributions
65
-
113
-
other
752
-
1 322
-
health
1 524
-
3 078
-
unemployment
882
-
1 521
-
total
6 801
-
9 926
-
Corporate
18 923
47 500
-
-
income
5 298
13 300
-
-
surtax
-
-
-
-
total
5 298
13 300
-
-
Dividends
13 625
34 200
-
-
withholding
1 744
4 378
-
-
social contributions
2 344
5 883
-
-
surtax
-
-
-
-
total
4 088
10 261
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 170
23 561
19 857
20 512
After tax
26 330
23 939
27 643
26 988
Living cost
16 793
16 793
16 793
16 793
Free-cash
9 537
7 146
10 850
10 195

Estimated living cost  is ₴16793 per week

₴11365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3824
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
₴44798
₴42480
₴35773
₴42898
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%.

-
-
-
47 500
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
2 784
-
47 500
-
income
557
-
9 500
-
total
557
-
9 500
-
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%.

44 716
47 500
-
-
total
-
-
-
-
Dividends
44 716
47 500
-
-
withholding
2 236
2 375
-
-
total
2 236
2 375
-
-
Income
47 500
47 500
47 500
47 500
Total tax
2 793
2 375
9 500
475
After tax
44 707
45 125
38 000
47 025
Living cost
2 227
2 227
2 227
2 227
Free-cash
42 480
42 898
35 773
44 798

Estimated living cost  is ₴2227 per week

₴1380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴43554
₴41003
₴34529
₴41654
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%.

-
-
-
47 500
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
4 339
-
47 500
-
income
868
-
9 500
-
total
868
-
9 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

43 161
47 500
-
-
total
-
-
-
-
Dividends
43 161
47 500
-
-
withholding
2 158
2 375
-
-
total
2 158
2 375
-
-
Income
47 500
47 500
47 500
47 500
Total tax
3 026
2 375
9 500
475
After tax
44 474
45 125
38 000
47 025
Living cost
3 471
3 471
3 471
3 471
Free-cash
41 003
41 654
34 529
43 554

Estimated living cost  is ₴3471 per week

₴2349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴116
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴13323
₴15594
₴17819
₴11045
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.

-
-
-
47 500
surtax

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

-
-
-
724
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.

-
-
-
2 375
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.

-
-
-
13 159
trade
-
-
-
4 496
total
-
-
-
20 754
Employee

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

17 299
-
47 500
-
income

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

1 423
-
13 159
-
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.

79
-
724
-
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.

2 375
-
2 375
-
total
3 877
-
16 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 201
47 500
-
-
trade
4 334
6 816
-
-
income
4 530
7 125
-
-
chamber of commerce
97
123
-
-
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.

249
392
-
-
total
9 210
14 456
-
-
Dividends
20 991
33 044
-
-
withholding
5 115
8 129
-
-
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.

281
447
-
-
total
5 396
8 576
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 483
23 032
16 258
20 754
After tax
29 017
24 468
31 242
26 746
Living cost
13 423
13 423
13 423
13 423
Free-cash
15 594
11 045
17 819
13 323

Estimated living cost  is ₴13423 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2524
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
₴15776
₴17295
₴20711
₴13449
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.

-
-
-
47 500
surtax

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

-
-
-
724
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.

-
-
-
2 375
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.

-
-
-
13 159
trade
-
-
-
4 935
total
-
-
-
21 193
Employee

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

13 298
-
47 500
-
income

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

371
-
13 159
-
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
-
724
-
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.

2 375
-
2 375
-
total
2 766
-
16 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 202
47 500
-
-
trade
5 387
7 481
-
-
income
5 131
7 125
-
-
chamber of commerce
102
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.

282
392
-
-
total
10 902
15 119
-
-
Dividends
23 301
32 381
-
-
withholding
5 693
7 963
-
-
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.

313
438
-
-
total
6 006
8 401
-
-
Income
47 500
47 500
47 500
47 500
Total tax
19 674
23 520
16 258
21 193
After tax
27 826
23 980
31 242
26 307
Living cost
10 531
10 531
10 531
10 531
Free-cash
17 295
13 449
20 711
15 776

Estimated living cost  is ₴10531 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1228
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.
₴2482
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
₴12430
₴14963
₴17584
₴10078
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.

-
-
-
47 500
surtax

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

-
-
-
724
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.

-
-
-
2 375
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.

-
-
-
13 159
trade
-
-
-
5 154
total
-
-
-
21 412
Employee

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

17 632
-
47 500
-
income

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

1 515
-
13 159
-
surtax

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

83
-
724
-
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.

2 375
-
2 375
-
total
3 973
-
16 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 868
47 500
-
-
trade
4 913
7 814
-
-
income
4 480
7 125
-
-
chamber of commerce
95
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.

246
392
-
-
total
9 734
15 451
-
-
Dividends
20 134
32 049
-
-
withholding
4 902
7 880
-
-
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.

270
433
-
-
total
5 172
8 313
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 879
23 764
16 258
21 412
After tax
28 621
23 736
31 242
26 088
Living cost
13 658
13 658
13 658
13 658
Free-cash
14 963
10 078
17 584
12 430

Estimated living cost  is ₴13658 per week

₴9135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
₴9940
₴13203
₴15314
₴7564
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.

-
-
-
47 500
surtax

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

-
-
-
724
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.

-
-
-
2 375
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.

-
-
-
13 159
trade
-
-
-
5 374
total
-
-
-
21 632
Employee

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

20 895
-
47 500
-
income

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

2 457
-
13 159
-
surtax

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

135
-
724
-
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.

2 375
-
2 375
-
total
4 967
-
16 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 605
47 500
-
-
trade
4 562
8 146
-
-
income
3 990
7 125
-
-
chamber of commerce
90
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.

220
392
-
-
total
8 862
15 782
-
-
Dividends
17 742
31 717
-
-
withholding
4 303
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.

237
429
-
-
total
4 540
8 226
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 369
24 008
16 258
21 632
After tax
29 131
23 492
31 242
25 868
Living cost
15 928
15 928
15 928
15 928
Free-cash
13 203
7 564
15 314
9 940

Estimated living cost  is ₴15928 per week

₴11633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2814
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
₴14730
₴20963
₴13801
₴22069
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
-
-
-
47 500
surtax
-
-
-
1 509
unemployment
-
-
-
79
health
-
-
-
3 294
pensions
-
-
-
9 281
income
-
-
-
10 798
other
-
-
-
-
total
-
-
-
24 961
Employee
11 709
-
39 240
-
unemployment
815
-
2 731
-
other
-
-
-
-
income
1 963
-
9 919
-
surtax
42
-
1 362
-
pensions
781
-
2 617
-
health
299
-
1 001
-
total
3 900
-
17 630
-
Employer
11 709
-
39 240
-
pensions
1 561
-
5 231
-
other
-
-
-
-
health
532
-
1 785
-
unemployment
371
-
1 244
-
total
2 464
-
8 260
-
Corporate
33 326
47 500
-
-
income
8 665
12 350
-
-
total
8 665
12 350
-
-
Dividends
24 661
35 150
-
-
withholding
3 699
5 272
-
-
total
3 699
5 272
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 728
17 622
25 890
24 961
After tax
28 772
29 878
21 610
22 539
Living cost
7 809
7 809
7 809
7 809
Free-cash
20 963
22 069
13 801
14 730

Estimated living cost  is ₴7809 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2235
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
₴14867
₴21123
₴13938
₴22206
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
-
-
-
47 500
surtax
-
-
-
1 509
unemployment
-
-
-
79
health
-
-
-
3 294
pensions
-
-
-
9 281
income
-
-
-
10 798
other
-
-
-
-
total
-
-
-
24 961
Employee
11 498
-
39 240
-
unemployment
800
-
2 731
-
other
-
-
-
-
income
1 927
-
9 919
-
surtax
38
-
1 362
-
pensions
767
-
2 617
-
health
294
-
1 001
-
total
3 826
-
17 630
-
Employer
11 498
-
39 240
-
pensions
1 533
-
5 231
-
other
-
-
-
-
health
523
-
1 785
-
unemployment
364
-
1 244
-
total
2 420
-
8 260
-
Corporate
33 582
47 500
-
-
income
8 731
12 350
-
-
total
8 731
12 350
-
-
Dividends
24 851
35 150
-
-
withholding
3 728
5 272
-
-
total
3 728
5 272
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 705
17 622
25 890
24 961
After tax
28 795
29 878
21 610
22 539
Living cost
7 672
7 672
7 672
7 672
Free-cash
21 123
22 206
13 938
14 867

Estimated living cost  is ₴7672 per week

₴4691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
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.
₴2096
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
₴25953
₴19915
₴20584
₴19773
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
-
-
-
47 500
unemployment
-
-
-
712
health
-
-
-
3 325
pensions
-
-
-
4 750
income
-
-
-
5 807
total
-
-
-
14 594
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.

10 037
3 994
39 749
-
unemployment
151
60
596
-
income
1 227
488
4 859
-
pensions
1 004
399
3 975
-
health
703
280
2 782
-
total
3 085
1 227
12 212
-
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.

10 037
3 994
39 749
-
pensions
1 957
779
7 751
-
total
1 957
779
7 751
-
Corporate
35 506
42 727
-
-
income
3 196
3 845
-
-
total
3 196
3 845
-
-
Dividends
32 311
38 881
-
-
withholding
6 139
7 387
-
-
social contributions
6 255
7 536
-
-
total
12 394
14 923
-
-
Income
47 500
47 500
47 500
47 500
Total tax
20 632
20 774
19 963
14 594
After tax
26 868
26 726
27 537
32 906
Living cost
6 953
6 953
6 953
6 953
Free-cash
19 915
19 773
20 584
25 953

Estimated living cost  is ₴6953 per week

₴4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
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.
₴1500
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
₴11428
₴12570
₴11801
₴12850
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
-
-
-
47 500
national
-
-
-
7 944
pensions
-
-
-
5 700
social contributions
-
-
-
511
municipal
-
-
-
5 127
total
-
-
-
19 282
Employee
26 027
-
41 063
-
municipal
3 215
-
5 311
-
national
4 982
-
8 229
-
pensions
1 041
-
1 643
-
total
9 238
-
15 183
-
Employer
26 027
-
41 063
-
pensions
2 082
-
3 285
-
social contributions
280
-
441
-
total
2 362
-
3 726
-
Corporate
17 393
47 500
-
-
income

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

3 479
9 500
-
-
total
3 479
9 500
-
-
Dividends
13 915
38 000
-
-
withholding
3 061
8 360
-
-
total
3 061
8 360
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 140
17 860
18 909
19 282
After tax
29 360
29 640
28 591
28 218
Living cost
16 790
16 790
16 790
16 790
Free-cash
12 570
12 850
11 801
11 428

Estimated living cost  is ₴16790 per week

₴11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3566
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
₴6835
₴14212
₴6835
₴13444
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
-
-
-
47 500
social contributions
-
-
-
7 606
income
-
-
-
13 253
total
-
-
-
20 859
Employee
27 197
-
47 500
-
social contributions
2 259
-
7 606
-
income
5 132
-
13 253
-
total
7 391
-
20 859
-
Employer
27 197
-
47 500
-
total
-
-
-
-
Corporate
20 303
47 500
-
-
income
2 538
5 937
-
-
total
2 538
5 937
-
-
Dividends
17 765
41 563
-
-
withholding
3 553
8 313
-
-
total
3 553
8 313
-
-
Income
47 500
47 500
47 500
47 500
Total tax
13 482
14 250
20 859
20 859
After tax
34 018
33 250
26 641
26 641
Living cost
19 806
19 806
19 806
19 806
Free-cash
14 212
13 444
6 835
6 835

Estimated living cost  is ₴19806 per week

₴15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2935
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
₴8804
₴8857
₴6544
₴10671
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
-
-
-
47 500
national
-
-
-
10 980
regional
-
-
-
546
social contributions
-
-
-
12 217
municipal
-
-
-
282
total
-
-
-
24 025
Employee
30 900
-
47 500
-
municipal
164
-
252
-
national
5 354
-
9 535
-
social contributions
10 419
-
16 017
-
regional
292
-
481
-
total
16 229
-
26 285
-
Employer
30 900
-
47 500
-
total
-
-
-
-
Corporate
16 600
47 500
-
-
nationa
3 984
11 400
-
-
municipal
647
1 853
-
-
total
4 631
13 253
-
-
Dividends
11 969
34 247
-
-
withholding
3 112
8 905
-
-
total
3 112
8 905
-
-
Income
47 500
47 500
47 500
47 500
Total tax
23 972
22 158
26 285
24 025
After tax
23 528
25 342
21 215
23 475
Living cost
14 671
14 671
14 671
14 671
Free-cash
8 857
10 671
6 544
8 804

Estimated living cost  is ₴14671 per week

₴10227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴3257
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
₴13939
₴14829
₴11691
₴15601
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
-
-
-
47 500
national
-
-
-
10 980
regional
-
-
-
716
social contributions
-
-
-
12 217
municipal
-
-
-
282
total
-
-
-
24 195
Employee
19 286
-
47 500
-
municipal
102
-
252
-
national
3 056
-
9 535
-
social contributions
6 504
-
16 017
-
regional
260
-
639
-
total
9 922
-
26 443
-
Employer
19 286
-
47 500
-
total
-
-
-
-
Corporate
28 214
47 500
-
-
nationa
6 771
11 400
-
-
municipal
1 402
2 361
-
-
total