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
₴ 48000
per

Your estimated
City
free-cash

Dresden , Germany
₴15448
₴9341
₴14796
₴19399
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.

-
-
-
48 000
trade
-
-
-
3 951
health

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

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

-
-
-
3 368
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.

-
-
-
537
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.

-
-
-
9 765
total
-
-
-
17 621
Employee

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

18 855
-
48 000
-
surtax

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

29
-
537
-
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.

527
-
9 765
-
health

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

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

3 368
-
3 368
-
total
3 924
-
13 670
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 145
48 000
-
-
trade
4 590
7 560
-
-
income
4 371
7 200
-
-
chamber of commerce
117
144
-
-
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.

240
396
-
-
total
9 318
15 300
-
-
Dividends
19 826
32 700
-
-
withholding
4 769
7 988
-
-
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.

262
440
-
-
total
5 031
8 428
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 273
23 728
13 670
17 621
After tax
29 727
24 272
34 330
30 379
Living cost
14 931
14 931
14 931
14 931
Free-cash
14 796
9 341
19 399
15 448

Estimated living cost  is ₴14931 per week

₴9392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₴2811
₴3663
₴3226
₴3188
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
-
-
-
48 000
municipal
-
-
-
4 951
pensions
-
-
-
5 760
social contributions
-
-
-
516
national
-
-
-
7 673
total
-
-
-
18 900
Employee
40 753
-
41 496
-
municipal
5 034
-
5 137
-
national
7 800
-
7 960
-
pensions
1 630
-
1 660
-
total
14 464
-
14 757
-
Employer
40 753
-
41 496
-
pensions
3 260
-
3 320
-
social contributions
438
-
446
-
total
3 698
-
3 766
-
Corporate
858
48 000
-
-
income

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

172
9 600
-
-
total
172
9 600
-
-
Dividends
687
38 400
-
-
withholding
151
8 448
-
-
total
151
8 448
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 485
18 048
18 523
18 900
After tax
29 515
29 952
29 477
29 100
Living cost
26 289
26 289
26 289
26 289
Free-cash
3 226
3 663
3 188
2 811

Estimated living cost  is ₴26289 per week

₴17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴393
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.
₴5583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₴15383
₴28144
₴24100
₴16815
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.

-
-
-
48 000
surtax
-
-
-
-
social contributions

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

-
-
-
15 432
income
-
-
-
6 929
microenterprise
-
-
-
-
total
-
-
-
22 361
Employee
14 404
-
38 682
-
social contributions

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

1 585
-
4 255
-
surtax
-
-
-
-
income
2 564
-
7 356
-
total
4 149
-
11 611
-
Employer
14 404
-
38 682
-
surtax
-
-
-
-
social contributions

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

3 470
-
9 318
-
total
3 470
-
9 318
-
Corporate
30 126
48 000
-
-
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%.

6 025
9 600
-
-
total
6 025
9 600
-
-
Dividends

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

24 100
38 400
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
13 644
9 600
20 929
22 361
After tax
34 356
38 400
27 071
25 639
Living cost
10 256
10 256
10 256
10 256
Free-cash
24 100
28 144
16 815
15 383

Estimated living cost  is ₴10256 per week

₴6543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴6601
₴1815
-₴951
-₴951
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
-
-
-
48 000
pensions
-
-
-
5 776
health
-
-
-
5 833
income
-
-
-
9 139
total
-
-
-
20 748
Employee
42 096
42 096
42 096
-
pensions
7 577
5 776
7 577
-
income

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

6 891
6 891
6 891
-
health
6 461
5 496
6 461
-
total
20 929
18 163
20 929
-
Employer
42 096
42 096
42 096
-
pensions
2 930
2 930
2 930
-
unemployment
1 515
1 515
1 515
-
health
2 926
2 926
2 926
-
total
7 371
7 371
7 371
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
28 300
25 534
28 300
20 748
After tax
19 700
22 466
19 700
27 252
Living cost
20 651
20 651
20 651
20 651
Free-cash
-951
1 815
-951
6 601

Estimated living cost  is ₴20651 per week

₴14635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴328
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.
₴3826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴4269
₴5858
₴5403
₴5284
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
-
-
-
48 000
municipal
-
-
-
10 461
pensions
-
-
-
4 821
health
-
-
-
2 783
other
-
-
-
5 182
unemployment
-
-
-
45
accident
-
-
-
89
national
-
-
-
-
total
-
-
-
23 381
Employee
28 996
-
36 524
-
municipal
8 647
-
10 891
-
national
-
-
-
-
total
8 647
-
10 891
-
Employer
28 996
-
36 524
-
pensions
3 134
-
3 948
-
other
3 369
-
4 244
-
unemployment
765
-
964
-
accident
58
-
73
-
health
1 783
-
2 246
-
total
9 109
-
11 475
-
Corporate
9 893
48 000
-
-
income
2 176
10 560
-
-
total
2 176
10 560
-
-
Dividends
7 717
37 440
-
-
withholding
2 315
11 232
-
-
total
2 315
11 232
-
-
Income
48 000
48 000
48 000
48 000
Total tax
22 247
21 792
22 366
23 381
After tax
25 753
26 208
25 634
24 619
Living cost
20 350
20 350
20 350
20 350
Free-cash
5 403
5 858
5 284
4 269

Estimated living cost  is ₴20350 per week

₴13487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
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.
₴4557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴10840
₴4661
₴11587
₴14965
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.

-
-
-
48 000
trade
-
-
-
4 125
health

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

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

-
-
-
3 368
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.

-
-
-
537
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.

-
-
-
9 765
total
-
-
-
17 795
Employee

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

24 999
-
48 000
-
surtax

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

118
-
537
-
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.

2 148
-
9 765
-
health

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

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

3 368
-
3 368
-
total
5 634
-
13 670
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 001
48 000
-
-
trade
3 784
7 896
-
-
income
3 450
7 200
-
-
chamber of commerce
108
143
-
-
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.

190
396
-
-
total
7 532
15 635
-
-
Dividends
15 470
32 364
-
-
withholding
3 680
7 904
-
-
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.

202
435
-
-
total
3 882
8 339
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 048
23 974
13 670
17 795
After tax
30 952
24 026
34 330
30 205
Living cost
19 365
19 365
19 365
19 365
Free-cash
11 587
4 661
14 965
10 840

Estimated living cost  is ₴19365 per week

₴12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴4082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₴18238
₴19153
₴17110
₴18191
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
-
-
-
48 000
health
-
-
-
1 224
social contributions
-
-
-
7 488
income
-
-
-
5 061
total
-
-
-
13 773
Employee
37 906
37 906
43 577
-
social contributions
1 842
3 146
3 617
-
income
3 980
3 509
5 039
-
health
377
645
741
-
total
6 199
7 300
9 397
-
Employer
37 906
37 906
43 577
-
social contributions
1 842
3 146
3 617
-
health
411
702
806
-
total
2 253
3 848
4 423
-
Corporate
23 559
6 246
-
-
income
2 945
781
-
-
total
2 945
781
-
-
Dividends
20 614
5 465
-
-
withholding
3 504
929
-
-
total
3 504
929
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 901
12 858
13 820
13 773
After tax
33 099
35 142
34 180
34 227
Living cost
15 989
15 989
15 989
15 989
Free-cash
17 110
19 153
18 191
18 238

Estimated living cost  is ₴15989 per week

₴10930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴24207
₴18002
₴18191
₴18780
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
-
-
-
48 000
pensions
-
-
-
4 800
health
-
-
-
3 360
unemployment
-
-
-
720
income
-
-
-
5 868
total
-
-
-
14 748
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.

13 057
5 196
40 167
-
pensions
1 306
520
4 017
-
unemployment
196
78
603
-
income
1 596
635
4 910
-
health
914
364
2 812
-
total
4 012
1 597
12 342
-
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.

13 057
5 196
40 167
-
pensions
2 546
1 013
7 833
-
total
2 546
1 013
7 833
-
Corporate
32 397
41 790
-
-
income
2 916
3 761
-
-
total
2 916
3 761
-
-
Dividends
29 481
38 029
-
-
withholding
5 601
7 226
-
-
social contributions
5 689
7 356
-
-
total
11 290
14 582
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 764
20 953
20 175
14 748
After tax
27 236
27 047
27 825
33 252
Living cost
9 045
9 045
9 045
9 045
Free-cash
18 191
18 002
18 780
24 207

Estimated living cost  is ₴9045 per week

₴6173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴740
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.
₴1952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴13821
₴26493
₴23430
₴15759
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
-
-
-
48 000
pensions
-
-
-
9 600
health
-
-
-
6 240
income
-
-
-
6 432
total
-
-
-
22 272
Employee
13 984
-
35 874
-
pensions
280
-
718
-
unemployment
224
-
574
-
income
1 574
-
6 917
-
total
2 078
-
8 209
-
Employer
13 984
-
35 874
-
pensions
2 797
-
7 175
-
unemployment
112
-
287
-
health
1 818
-
4 663
-
total
4 727
-
12 125
-
Corporate
29 289
48 000
-
-
income
5 858
9 600
-
-
total
5 858
9 600
-
-
Dividends
23 431
38 400
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
12 663
9 600
20 334
22 272
After tax
35 337
38 400
27 666
25 728
Living cost
11 907
11 907
11 907
11 907
Free-cash
23 430
26 493
15 759
13 821

Estimated living cost  is ₴11907 per week

₴8167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₴21916
-₴7154
₴2194
₴13612
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
-
-
-
48 000
pensions
-
-
-
2 088
health
-
-
-
1 095
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
11 546
total
-
-
-
15 042
Employee
17 370
-
40 790
-
pensions
1 956
-
3 829
-
income
2 383
-
7 637
-
health
1 989
-
4 670
-
total
6 328
-
16 136
-
Employer
17 370
-
40 790
-
pensions
2 824
-
5 530
-
unemployment
426
-
999
-
accident
290
-
681
-
total
3 540
-
7 210
-
Corporate
27 090
48 000
-
-
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.

24 381
43 200
-
-
total
24 381
43 200
-
-
Dividends
2 709
4 800
-
-
withholding
515
912
-
-
total
515
912
-
-
Income
48 000
48 000
48 000
48 000
Total tax
34 764
44 112
23 346
15 042
After tax
13 236
3 888
24 654
32 958
Living cost
11 042
11 042
11 042
11 042
Free-cash
2 194
-7 154
13 612
21 916

Estimated living cost  is ₴11042 per week

₴8093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴612
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.
₴2107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴43474
₴41554
₴40796
₴34354
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%.

-
-
-
48 000
microenterprise

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

-
-
-
480
total
-
-
-
480
Employee
5 057
-
48 000
-
income
1 011
-
9 600
-
total
1 011
-
9 600
-
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%.

42 943
48 000
-
-
total
-
-
-
-
Dividends
42 943
48 000
-
-
withholding
2 147
2 400
-
-
total
2 147
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
3 158
2 400
9 600
480
After tax
44 842
45 600
38 400
47 520
Living cost
4 046
4 046
4 046
4 046
Free-cash
40 796
41 554
34 354
43 474

Estimated living cost  is ₴4046 per week

₴2507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴111
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.
₴1091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴12857
₴22130
₴18801
₴14999
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
-
-
-
48 000
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.

-
-
-
11 520
health
-
-
-
2 112
other
-
-
-
2 280
income
-
-
-
6 096
total
-
-
-
22 008
Employee
17 899
-
38 337
-
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.

1 253
-
2 683
-
unemployment
179
-
384
-
income
3 081
-
6 600
-
health
251
-
537
-
total
4 764
-
10 204
-
Employer
17 899
-
38 337
-
pensions

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

3 043
-
6 517
-
other
895
-
1 917
-
unemployment
179
-
384
-
accident
143
-
307
-
health
251
-
537
-
total
4 511
-
9 662
-
Corporate
25 590
48 000
-
-
income
5 374
10 080
-
-
total
5 374
10 080
-
-
Dividends
20 216
37 920
-
-
withholding
1 415
2 655
-
-
total
1 415
2 655
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 064
12 735
19 866
22 008
After tax
31 936
35 265
28 134
25 992
Living cost
13 135
13 135
13 135
13 135
Free-cash
18 801
22 130
14 999
12 857

Estimated living cost  is ₴13135 per week

₴9281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴2124
₴2880
-₴4499
-₴2542
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
-
-
-
48 000
pensions
-
-
-
3 505
income
-
-
-
9 738
total
-
-
-
13 243
Employee
46 170
-
42 281
-
pensions
4 454
-
3 988
-
income
8 323
-
7 522
-
health
761
-
681
-
total
13 538
-
12 191
-
Employer
46 170
-
42 281
-
pensions
5 451
-
4 914
-
health
877
-
804
-
total
6 328
-
5 718
-
Corporate
-
48 000
-
-
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.

-
9 120
-
-
total
-
9 120
-
-
Dividends
-
38 880
-
-
withholding
-
3 367
-
-
total
-
3 367
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 866
12 487
17 909
13 243
After tax
28 134
35 513
30 091
34 757
Living cost
32 633
32 633
32 633
32 633
Free-cash
-4 499
2 880
-2 542
2 124

Estimated living cost  is ₴32633 per week

₴24452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴4081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₴29745
₴34580
₴32292
₴31209
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
-
-
-
48 000
pensions

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

-
-
-
2 547
health
-
-
-
1 979
unemployment
-
-
-
69
income
-
-
-
7 200
total
-
-
-
11 795
Employee
8 554
-
44 623
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
pensions

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

751
-
1 511
-
income
855
-
4 462
-
health
393
-
792
-
total
2 093
-
6 954
-
Employer
8 554
-
44 623
-
pensions

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

943
-
1 897
-
unemployment
51
-
103
-
accident

We are using the highest rate at 1.1%.

94
-
189
-
health
590
-
1 188
-
total
1 678
-
3 377
-
Corporate
37 767
48 000
-
-
income
3 777
4 800
-
-
total
3 777
4 800
-
-
Dividends
33 990
43 200
-
-
withholding
1 700
2 160
-
-
total
1 700
2 160
-
-
Income
48 000
48 000
48 000
48 000
Total tax
9 248
6 960
10 331
11 795
After tax
38 752
41 040
37 669
36 205
Living cost
6 460
6 460
6 460
6 460
Free-cash
32 292
34 580
31 209
29 745

Estimated living cost  is ₴6460 per week

₴3772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴461
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.
₴2056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴83
-₴4869
-₴5707
-₴7635
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
-
-
-
48 000
pensions
-
-
-
5 776
health
-
-
-
5 833
income
-
-
-
9 139
total
-
-
-
20 748
Employee
45 703
42 096
42 096
-
pensions
5 776
5 776
7 577
-
income

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

6 891
6 891
6 891
-
health
5 702
5 496
6 461
-
total
18 369
18 163
20 929
-
Employer
45 703
42 096
42 096
-
pensions
3 181
2 930
2 930
-
unemployment
1 646
1 515
1 515
-
health
3 176
2 926
2 926
-
total
8 003
7 371
7 371
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
26 372
25 534
28 300
20 748
After tax
21 628
22 466
19 700
27 252
Living cost
27 335
27 335
27 335
27 335
Free-cash
-5 707
-4 869
-7 635
-83

Estimated living cost  is ₴27335 per week

₴20164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴313
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.
₴4416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴11135
₴20805
₴16438
₴12115
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
-
-
-
48 000
health
-
-
-
6 480
social contributions
-
-
-
14 016
solidarity contribution
-
-
-
-
income
-
-
-
4 126
total
-
-
-
24 622
Employee
18 004
-
35 821
-
social contributions
1 170
-
2 328
-
income
2 160
-
4 299
-
solidarity contribution
-
-
-
-
health
2 431
-
4 836
-
total
5 761
-
11 463
-
Employer
18 004
-
35 821
-
social contributions
4 501
-
8 955
-
health
1 620
-
3 224
-
total
6 121
-
12 179
-
Corporate
23 875
48 000
-
-
income
4 536
9 120
-
-
total
4 536
9 120
-
-
Dividends
19 339
38 880
-
-
withholding
2 901
5 832
-
-
total
2 901
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 319
14 952
23 642
24 622
After tax
28 681
33 048
24 358
23 378
Living cost
12 243
12 243
12 243
12 243
Free-cash
16 438
20 805
12 115
11 135

Estimated living cost  is ₴12243 per week

₴8504
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.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴3935
₴4809
₴2235
₴1651
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
-
-
-
48 000
municipal
-
-
-
285
regional
-
-
-
528
social contributions
-
-
-
12 345
national
-
-
-
10 106
total
-
-
-
23 264
Employee
43 811
-
48 000
-
social contributions
14 773
-
16 186
-
municipal
232
-
254
-
regional
413
-
461
-
national
7 591
-
8 647
-
total
23 009
-
25 548
-
Employer
43 811
-
48 000
-
total
-
-
-
-
Corporate
4 189
48 000
-
-
nationa
1 006
11 520
-
-
municipal
164
1 872
-
-
total
1 170
13 392
-
-
Dividends
3 020
34 608
-
-
withholding
785
8 998
-
-
total
785
8 998
-
-
Income
48 000
48 000
48 000
48 000
Total tax
24 964
22 390
25 548
23 264
After tax
23 036
25 610
22 452
24 736
Living cost
20 801
20 801
20 801
20 801
Free-cash
2 235
4 809
1 651
3 935

Estimated living cost  is ₴20801 per week

₴14500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴13949
₴19314
₴17780
₴13022
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
-
-
-
48 000
pensions
-
-
-
9 600
health
-
-
-
3 409
surtax
-
-
-
1 076
other
-
-
-
-
unemployment
-
-
-
112
income
-
-
-
8 976
total
-
-
-
23 173
Employee
16 302
-
39 653
-
surtax
53
-
968
-
pensions
1 087
-
2 645
-
other
-
-
-
-
unemployment
1 135
-
2 760
-
income
2 733
-
8 369
-
health
416
-
1 011
-
total
5 424
-
15 753
-
Employer
16 302
-
39 653
-
pensions
2 173
-
5 285
-
other
-
-
-
-
unemployment
516
-
1 257
-
health
742
-
1 805
-
total
3 431
-
8 347
-
Corporate
28 267
48 000
-
-
income
7 349
12 480
-
-
total
7 349
12 480
-
-
Dividends
20 918
35 520
-
-
withholding
3 138
5 328
-
-
total
3 138
5 328
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 342
17 808
24 100
23 173
After tax
28 658
30 192
23 900
24 827
Living cost
10 878
10 878
10 878
10 878
Free-cash
17 780
19 314
13 022
13 949

Estimated living cost  is ₴10878 per week

₴6651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1004
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.
₴2972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴12463
₴13219
₴9830
₴7797
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
-
-
-
48 000
pensions
-
-
-
3 505
income
-
-
-
9 738
total
-
-
-
13 243
Employee
30 942
-
42 281
-
pensions
2 626
-
3 988
-
income
5 573
-
7 522
-
health
449
-
681
-
total
8 648
-
12 191
-
Employer
30 942
-
42 281
-
pensions
3 350
-
4 914
-
health
588
-
804
-
total
3 938
-
5 718
-
Corporate
13 121
48 000
-
-
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.

2 493
9 120
-
-
total
2 493
9 120
-
-
Dividends
10 627
38 880
-
-
withholding
797
3 367
-
-
total
797
3 367
-
-
Income
48 000
48 000
48 000
48 000
Total tax
15 876
12 487
17 909
13 243
After tax
32 124
35 513
30 091
34 757
Living cost
22 294
22 294
22 294
22 294
Free-cash
9 830
13 219
7 797
12 463

Estimated living cost  is ₴22294 per week

₴16702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴3687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₴808
-₴17433
-₴2478
-₴1648
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
-
-
-
48 000
regional
-
-
-
1 563
city
-
-
-
506
pensions
-
-
-
4 415
health
-
-
-
128
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.

-
-
-
960
national
-
-
-
237
total
-
-
-
7 809
Employee
46 088
-
42 963
-
regional
1 509
-
1 340
-
national
218
-
193
-
pensions
3 872
-
3 609
-
unemployment
-
-
-
-
city
495
-
461
-
health
104
-
97
-
total
6 198
-
5 700
-
Employer
46 088
-
42 963
-
pensions
3 872
-
3 609
-
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.

921
-
859
-
unemployment
-
-
-
-
health
104
-
97
-
total
4 897
-
4 565
-
Corporate
-
48 000
-
-
regional
-
10 152
-
-
national
-
4 080
-
-
total
-
14 232
-
-
Dividends
-
33 767
-
-
withholding
-
11 818
-
-
total
-
11 818
-
-
Income
48 000
48 000
48 000
48 000
Total tax
11 095
26 050
10 265
7 809
After tax
36 905
21 950
37 735
40 191
Living cost
39 383
39 383
39 383
39 383
Free-cash
-2 478
-17 433
-1 648
808

Estimated living cost  is ₴39383 per week

₴25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴483
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.
₴9755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₴7446
₴1197
₴9188
₴11747
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.

-
-
-
48 000
trade
-
-
-
4 301
health

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

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

-
-
-
3 368
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.

-
-
-
537
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.

-
-
-
9 765
total
-
-
-
17 971
Employee

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

29 626
-
48 000
-
surtax

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

192
-
537
-
income

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

3 484
-
9 765
-
health

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

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

3 368
-
3 368
-
total
7 044
-
13 670
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 374
48 000
-
-
trade
3 152
8 232
-
-
income
2 756
7 200
-
-
chamber of commerce
101
142
-
-
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.

152
396
-
-
total
6 161
15 970
-
-
Dividends
12 214
32 030
-
-
withholding
2 866
7 820
-
-
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.

158
430
-
-
total
3 024
8 250
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 229
24 220
13 670
17 971
After tax
31 771
23 780
34 330
30 029
Living cost
22 583
22 583
22 583
22 583
Free-cash
9 188
1 197
11 747
7 446

Estimated living cost  is ₴22583 per week

₴16493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴3990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₴10810
₴7325
₴10238
₴10362
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
-
-
-
48 000
pensions
-
-
-
12 261
health
-
-
-
818
surtax
-
-
-
-
other
-
-
-
1 490
social contributions
-
-
-
1 368
income
-
-
-
4 387
total
-
-
-
20 324
Employee
21 098
-
36 576
-
social contributions
602
-
1 042
-
surtax
-
-
-
-
pensions
2 385
-
4 137
-
income
1 245
-
4 171
-
total
4 232
-
9 350
-
Employer
21 098
-
36 576
-
pensions
3 466
-
6 010
-
social contributions
64
-
109
-
other
728
-
1 262
-
unemployment
854
-
1 481
-
health
1 477
-
2 560
-
total
6 589
-
11 422
-
Corporate
20 314
48 000
-
-
income
5 688
13 440
-
-
surtax
-
-
-
-
total
5 688
13 440
-
-
Dividends
14 626
34 560
-
-
withholding
1 872
4 424
-
-
surtax
-
-
-
-
social contributions
2 515
5 945
-
-
total
4 387
10 369
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 896
23 809
20 772
20 324
After tax
27 104
24 191
27 228
27 676
Living cost
16 866
16 866
16 866
16 866
Free-cash
10 238
7 325
10 362
10 810

Estimated living cost  is ₴16866 per week

₴10634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴12481
₴8996
₴11736
₴12033
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
-
-
-
48 000
pensions
-
-
-
12 261
health
-
-
-
818
surtax
-
-
-
-
other
-
-
-
1 490
social contributions
-
-
-
1 368
income
-
-
-
4 387
total
-
-
-
20 324
Employee
18 833
-
36 576
-
social contributions
537
-
1 042
-
surtax
-
-
-
-
pensions
2 130
-
4 137
-
income
971
-
4 171
-
total
3 638
-
9 350
-
Employer
18 833
-
36 576
-
pensions
3 095
-
6 010
-
social contributions
56
-
109
-
other
650
-
1 262
-
unemployment
762
-
1 481
-
health
1 318
-
2 560
-
total
5 881
-
11 422
-
Corporate
23 286
48 000
-
-
income
6 520
13 440
-
-
surtax
-
-
-
-
total
6 520
13 440
-
-
Dividends
16 766
34 560
-
-
withholding
2 146
4 424
-
-
surtax
-
-
-
-
social contributions
2 884
5 945
-
-
total
5 030
10 369
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 069
23 809
20 772
20 324
After tax
26 931
24 191
27 228
27 676
Living cost
15 195
15 195
15 195
15 195
Free-cash
11 736
8 996
12 033
12 481

Estimated living cost  is ₴15195 per week

₴8812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
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.
₴4551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴20373
₴18832
₴19086
₴20524
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
-
-
-
48 000
health
-
-
-
3 350
social contributions
-
-
-
6 624
income
-
-
-
7 200
total
-
-
-
17 174
Employee
16 714
-
48 000
-
social contributions
2 307
-
6 624
-
income
2 788
-
7 049
-
health
1 167
-
3 350
-
total
6 262
-
17 023
-
Employer
16 714
-
48 000
-
total
-
-
-
-
Corporate
31 286
48 000
-
-
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%.

1 564
2 400
-
-
total
1 564
2 400
-
-
Dividends
29 722
45 600
-
-
withholding
4 458
6 840
-
-
social contributions
4 102
6 293
-
-
health
2 075
3 182
-
-
total
10 635
16 315
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 461
18 715
17 023
17 174
After tax
29 539
29 285
30 977
30 826
Living cost
10 453
10 453
10 453
10 453
Free-cash
19 086
18 832
20 524
20 373

Estimated living cost  is ₴10453 per week

₴6995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
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.
₴2572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴7041
₴9561
₴8797
-₴2642
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
-
-
-
48 000
pensions
-
-
-
8 880
health
-
-
-
3 672
surtax
-
-
-
97
unemployment
-
-
-
3 023
income
-
-
-
7 725
chamber of commerce
-
-
-
192
total
-
-
-
23 589
Employee
24 636
19 645
37 197
-
pensions
2 523
2 011
3 809
-
other
246
196
372
-
unemployment
739
589
1 116
-
income
2 805
1 449
6 900
-
health
953
761
1 440
-
total
7 266
5 006
13 637
-
Employer
24 636
19 645
37 197
-
payroll
739
589
1 116
-
chamber of commerce
98
79
149
-
pensions
3 092
2 466
4 668
-
surtax
97
97
97
-
other
1 170
933
1 767
-
unemployment
739
589
1 116
-
accident
320
255
484
-
health
931
743
1 406
-
total
7 186
5 751
10 803
-
Corporate
16 178
22 604
35 326
-
income

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

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

4 044
5 651
8 832
-
total
4 044
5 651
8 832
-
Dividends
12 134
16 952
-
-
withholding
3 337
4 661
-
-
total
3 337
4 661
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 833
21 069
33 272
23 589
After tax
26 167
26 931
14 728
24 411
Living cost
17 370
17 370
17 370
17 370
Free-cash
8 797
9 561
-2 642
7 041

Estimated living cost  is ₴17370 per week

₴11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
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.
₴4018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₴4729
₴8951
₴1557
₴816
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
-
-
-
48 000
social contributions
-
-
-
7 418
communal

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

-
-
-
2 435
national
-
-
-
15 444
total
-
-
-
25 297
Employee

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

35 261
-
37 179
-
national
10 841
-
11 590
-
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.

2 645
-
2 789
-
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.

307
-
324
-
communal

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

1 839
-
1 939
-
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.

1 657
-
1 747
-
total
17 289
-
18 389
-
Employer

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

35 261
-
37 179
-
pensions

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

3 124
-
3 294
-
surtax
3 998
-
4 215
-
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.

515
-
543
-
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.

458
-
483
-
health

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

2 168
-
2 286
-
total
10 263
-
10 821
-
Corporate
2 475
48 000
-
-
income
495
9 600
-
-
surtax
10
192
-
-
total
505
9 792
-
-
Dividends
1 969
38 208
-
-
withholding

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

412
11 283
-
-
total
412
11 283
-
-
Income
48 000
48 000
48 000
48 000
Total tax
28 469
21 075
29 210
25 297
After tax
19 531
26 925
18 790
22 703
Living cost
17 974
17 974
17 974
17 974
Free-cash
1 557
8 951
816
4 729

Estimated living cost  is ₴17974 per week

₴11577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴7822
₴14541
₴10614
₴7692
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
-
-
-
48 000
pensions
-
-
-
12 930
other
-
-
-
46
unemployment
-
-
-
320
accident
-
-
-
412
income
-
-
-
8 667
total
-
-
-
22 375
Employee
24 538
-
36 397
-
pensions
1 153
-
1 711
-
other
24
-
36
-
unemployment
381
-
564
-
income
5 177
-
8 591
-
total
6 735
-
10 902
-
Employer
24 538
-
36 397
-
pensions
5 791
-
8 590
-
other
196
-
291
-
unemployment
1 350
-
2 002
-
accident
486
-
720
-
total
7 823
-
11 603
-
Corporate
15 640
48 000
-
-
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.

2 346
7 200
-
-
total
2 346
7 200
-
-
Dividends
13 294
40 800
-
-
withholding
2 679
8 456
-
-
total
2 679
8 456
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 583
15 656
22 505
22 375
After tax
28 417
32 344
25 495
25 625
Living cost
17 803
17 803
17 803
17 803
Free-cash
10 614
14 541
7 692
7 822

Estimated living cost  is ₴17803 per week

₴13110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴848
₴2628
-₴665
₴3044
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
-
-
-
48 000
pensions
-
-
-
7 195
health
-
-
-
3 372
surtax
-
-
-
2 380
accident
-
-
-
405
communal
-
-
-
3 034
income
-
-
-
3 977
total
-
-
-
20 363
Employee
37 331
-
42 875
-
surtax
2 288
-
2 628
-
pensions
2 986
-
3 430
-
income
3 606
-
5 078
-
health
1 661
-
1 908
-
total
10 541
-
13 044
-
Employer
37 331
-
42 875
-
pensions
2 986
-
3 430
-
accident
336
-
385
-
health
1 138
-
1 308
-
total
4 460
-
5 123
-
Corporate
6 209
48 000
-
-
communal
-
3 240
-
-
income
932
7 200
-
-
surtax
65
504
-
-
total
997
10 944
-
-
Dividends
5 211
37 056
-
-
withholding
782
5 559
-
-
income
5 096
2 080
-
-
total
5 878
7 639
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 876
18 583
18 167
20 363
After tax
26 124
29 417
29 833
27 637
Living cost
26 789
26 789
26 789
26 789
Free-cash
-665
2 628
3 044
848

Estimated living cost  is ₴26789 per week

₴20096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴13755
₴19120
₴17552
₴12828
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
-
-
-
48 000
pensions
-
-
-
9 600
health
-
-
-
3 409
surtax
-
-
-
1 076
other
-
-
-
-
unemployment
-
-
-
112
income
-
-
-
8 976
total
-
-
-
23 173
Employee
16 601
-
39 653
-
surtax
59
-
968
-
pensions
1 108
-
2 645
-
other
-
-
-
-
unemployment
1 155
-
2 760
-
income
2 783
-
8 369
-
health
424
-
1 011
-
total
5 529
-
15 753
-
Employer
16 601
-
39 653
-
pensions
2 213
-
5 285
-
other
-
-
-
-
unemployment
527
-
1 257
-
health
755
-
1 805
-
total
3 495
-
8 347
-
Corporate
27 904
48 000
-
-
income
7 255
12 480
-
-
total
7 255
12 480
-
-
Dividends
20 649
35 520
-
-
withholding
3 097
5 328
-
-
total
3 097
5 328
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 376
17 808
24 100
23 173
After tax
28 624
30 192
23 900
24 827
Living cost
11 072
11 072
11 072
11 072
Free-cash
17 552
19 120
12 828
13 755

Estimated living cost  is ₴11072 per week

₴6685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴11262
₴11951
₴10857
₴8988
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
-
-
-
48 000
municipal
-
-
-
285
regional
-
-
-
723
social contributions
-
-
-
12 345
national
-
-
-
10 106
total
-
-
-
23 459
Employee
27 345
-
48 000
-
social contributions
9 221
-
16 186
-
municipal
145
-
254
-
regional
368
-
646
-
national
4 332
-
8 647
-
total
14 066
-
25 733
-
Employer
27 345
-
48 000
-
total
-
-
-
-
Corporate
20 655
48 000
-
-
nationa
4 957
11 520
-
-
municipal
1 026
2 385
-
-
total
5 983
13 905
-
-
Dividends
14 672
34 094
-
-
withholding
3 815
8 865
-
-
total
3 815
8 865
-
-
Income
48 000
48 000
48 000
48 000
Total tax
23 864
22 770
25 733
23 459
After tax
24 136
25 230
22 267
24 541
Living cost
13 279
13 279
13 279
13 279
Free-cash
10 857
11 951
8 988
11 262

Estimated living cost  is ₴13279 per week

₴8258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴3448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴8292
₴17962
₴12580
₴9272
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
-
-
-
48 000
health
-
-
-
6 480
social contributions
-
-
-
14 016
solidarity contribution
-
-
-
-
income
-
-
-
4 126
total
-
-
-
24 622
Employee
22 185
-
35 821
-
social contributions
1 442
-
2 328
-
income
2 662
-
4 299
-
solidarity contribution
-
-
-
-
health
2 995
-
4 836
-
total
7 099
-
11 463
-
Employer
22 185
-
35 821
-
social contributions
5 546
-
8 955
-
health
1 997
-
3 224
-
total
7 543
-
12 179
-
Corporate
18 272
48 000
-
-
income
3 472
9 120
-
-
total
3 472
9 120
-
-
Dividends
14 800
38 880
-
-
withholding
2 220
5 832
-
-
total
2 220
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 334
14 952
23 642
24 622
After tax
27 666
33 048
24 358
23 378
Living cost
15 086
15 086
15 086
15 086
Free-cash
12 580
17 962
9 272
8 292

Estimated living cost  is ₴15086 per week

₴11219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴8781
₴11255
₴11011
-₴981
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
-
-
-
48 000
pensions
-
-
-
8 880
health
-
-
-
3 672
surtax
-
-
-
-
unemployment
-
-
-
3 023
income
-
-
-
7 725
chamber of commerce
-
-
-
192
total
-
-
-
23 492
Employee
21 549
19 645
37 273
-
pensions
2 207
2 011
3 817
-
other
215
196
372
-
unemployment
646
589
1 118
-
income
1 920
1 449
6 926
-
health
834
761
1 443
-
total
5 822
5 006
13 676
-
Employer
21 549
19 645
37 273
-
payroll
646
589
1 118
-
chamber of commerce
86
79
149
-
pensions
2 704
2 466
4 677
-
surtax
-
-
-
-
other
1 023
933
1 771
-
unemployment
646
589
1 118
-
accident
280
255
485
-
health
815
743
1 409
-
total
6 200
5 654
10 727
-
Corporate
20 250
22 701
35 403
-
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.

5 063
5 676
8 851
-
total
5 063
5 676
8 851
-
Dividends
15 187
17 025
-
-
withholding
4 177
4 682
-
-
total
4 177
4 682
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 262
21 018
33 254
23 492
After tax
26 738
26 982
14 746
24 508
Living cost
15 727
15 727
15 727
15 727
Free-cash
11 011
11 255
-981
8 781

Estimated living cost  is ₴15727 per week

₴9434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
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.
₴4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₴41215
₴39295
₴38113
₴32095
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%.

-
-
-
48 000
microenterprise

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

-
-
-
480
total
-
-
-
480
Employee
7 881
-
48 000
-
income
1 576
-
9 600
-
total
1 576
-
9 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

40 119
48 000
-
-
total
-
-
-
-
Dividends
40 119
48 000
-
-
withholding
2 006
2 400
-
-
total
2 006
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
3 582
2 400
9 600
480
After tax
44 418
45 600
38 400
47 520
Living cost
6 305
6 305
6 305
6 305
Free-cash
38 113
39 295
32 095
41 215

Estimated living cost  is ₴6305 per week

₴4266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴11669
₴19826
₴15703
₴10295
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.

-
-
-
48 000
pensions
-
-
-
8 766
health
-
-
-
4 723
unemployment
-
-
-
72
income
-
-
-
9 548
total
-
-
-
23 109
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.

21 799
-
41 533
-
pensions
3 379
-
6 438
-
unemployment
31
-
58
-
income
3 759
-
8 839
-
health
1 408
-
2 683
-
total
8 577
-
18 018
-
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.

21 799
-
41 533
-
pensions
1 929
-
3 675
-
unemployment
13
-
25
-
health
1 452
-
2 765
-
total
3 394
-
6 465
-
Corporate
22 807
48 000
-
-
income
4 333
9 120
-
-
total
4 333
9 120
-
-
Dividends
18 474
38 880
-
-
withholding
2 771
5 832
-
-
total
2 771
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 075
14 952
24 483
23 109
After tax
28 925
33 048
23 517
24 891
Living cost
13 222
13 222
13 222
13 222
Free-cash
15 703
19 826
10 295
11 669

Estimated living cost  is ₴13222 per week

₴9074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴11589
₴7620
-₴26584
₴19836
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
-
-
-
48 000
social contributions
-
-
-
5 472
income
-
-
-
9 356
total
-
-
-
14 828
Employee
30 948
-
-
-
social contributions
2 538
-
362
-
income
6 826
-
-
-
total
9 364
-
362
-
Employer
30 948
-
-
-
social contributions
43 636
-
6 219
-
total
43 636
-
6 219
-
Corporate
-
48 000
-
-
income
-
10 560
-
-
total
-
10 560
-
-
Dividends
-
37 440
-
-
income
-
8 237
-
-
total
-
8 237
-
-
Income
48 000
48 000
48 000
48 000
Total tax
53 000
18 797
6 581
14 828
After tax
-5 000
29 203
41 419
33 172
Living cost
21 584
21 584
21 584
21 584
Free-cash
-26 584
7 620
19 836
11 589

Estimated living cost  is ₴21584 per week

₴14004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴5274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴11442
₴11840
₴11343
₴9097
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.

-
-
-
48 000
surtax
-
-
-
-
social contributions

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

-
-
-
16 680
income
-
-
-
4 416
total
-
-
-
21 096
Employee
22 672
-
38 787
-
social contributions
2 494
-
4 267
-
surtax
-
-
-
-
income
4 716
-
9 962
-
total
7 210
-
14 229
-
Employer
22 672
-
38 787
-
social contributions
5 385
-
9 212
-
total
5 385
-
9 212
-
Corporate
19 943
48 000
-
-
income
4 188
10 080
-
-
surtax
-
-
-
-
total
4 188
10 080
-
-
Dividends
15 755
37 920
-
-
withholding
4 412
10 618
-
-
total
4 412
10 618
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 195
20 698
23 441
21 096
After tax
26 805
27 302
24 559
26 904
Living cost
15 462
15 462
15 462
15 462
Free-cash
11 343
11 840
9 097
11 442

Estimated living cost  is ₴15462 per week

₴11569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴912
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.
₴2723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴3867
₴382
₴3771
₴3419
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
-
-
-
48 000
pensions
-
-
-
12 261
health
-
-
-
818
surtax
-
-
-
-
other
-
-
-
1 490
social contributions
-
-
-
1 368
income
-
-
-
4 387
total
-
-
-
20 324
Employee
30 875
-
36 576
-
social contributions
879
-
1 042
-
surtax
-
-
-
-
pensions
3 492
-
4 137
-
income
2 694
-
4 171
-
total
7 065
-
9 350
-
Employer
30 875
-
36 576
-
pensions
5 073
-
6 010
-
social contributions
93
-
109
-
other
1 066
-
1 262
-
unemployment
1 251
-
1 481
-
health
2 161
-
2 560
-
total
9 644
-
11 422
-
Corporate
7 482
48 000
-
-
income
2 095
13 440
-
-
surtax
-
-
-
-
total
2 095
13 440
-
-
Dividends
5 387
34 560
-
-
withholding
689
4 424
-
-
surtax
-
-
-
-
social contributions
927
5 945
-
-
total
1 616
10 369
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 420
23 809
20 772
20 324
After tax
27 580
24 191
27 228
27 676
Living cost
23 809
23 809
23 809
23 809
Free-cash
3 771
382
3 419
3 867

Estimated living cost  is ₴23809 per week

₴16114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
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.
₴5421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴21872
₴28382
₴26726
₴23146
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
-
-
-
48 000
social contributions
-
-
-
10 560
income
-
-
-
750
total
-
-
-
11 310
Employee
15 848
-
41 558
-
social contributions
1 030
-
2 702
-
income
-
-
892
-
total
1 030
-
3 594
-
Employer
15 848
-
41 558
-
social contributions
2 457
-
6 442
-
total
2 457
-
6 442
-
Corporate
29 695
48 000
-
-
income
2 969
4 800
-
-
total
2 969
4 800
-
-
Dividends
26 726
43 200
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
6 456
4 800
10 036
11 310
After tax
41 544
43 200
37 964
36 690
Living cost
14 818
14 818
14 818
14 818
Free-cash
26 726
28 382
23 146
21 872

Estimated living cost  is ₴14818 per week

₴9581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴3841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
₴6133
-₴59283
-₴59283
-₴59283
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
-
-
-
48 000
municipal
-
-
-
8 848
pensions
-
-
-
427
labour market
-
-
-
3 806
national
-
-
-
5 072
total
-
-
-
18 153
Employee
100 091
100 091
100 091
-
municipal
21 314
21 314
21 314
-
national
12 228
12 228
12 228
-
pensions
142
142
142
-
labour market
7 996
7 996
7 996
-
total
41 680
41 680
41 680
-
Employer
100 091
100 091
100 091
-
labour market
8 007
8 007
8 007
-
pensions
285
285
285
-
municipal
21 348
21 348
21 348
-
national
12 249
12 249
12 249
-
total
41 889
41 889
41 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
83 569
83 569
83 569
18 153
After tax
-35 569
-35 569
-35 569
29 847
Living cost
23 714
23 714
23 714
23 714
Free-cash
-59 283
-59 283
-59 283
6 133

Estimated living cost  is ₴23714 per week

₴16230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴365
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.
₴5021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₴22079
-₴6991
₴2218
₴13775
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
-
-
-
48 000
pensions
-
-
-
2 088
health
-
-
-
1 095
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
11 546
total
-
-
-
15 042
Employee
17 114
-
40 790
-
pensions
1 927
-
3 829
-
income
2 348
-
7 637
-
health
1 960
-
4 670
-
total
6 235
-
16 136
-
Employer
17 114
-
40 790
-
pensions
2 783
-
5 530
-
unemployment
419
-
999
-
accident
286
-
681
-
total
3 488
-
7 210
-
Corporate
27 399
48 000
-
-
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.

24 659
43 200
-
-
total
24 659
43 200
-
-
Dividends
2 740
4 800
-
-
withholding
521
912
-
-
total
521
912
-
-
Income
48 000
48 000
48 000
48 000
Total tax
34 903
44 112
23 346
15 042
After tax
13 097
3 888
24 654
32 958
Living cost
10 879
10 879
10 879
10 879
Free-cash
2 218
-6 991
13 775
22 079

Estimated living cost  is ₴10879 per week

₴7919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴620
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.
₴2136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴15304
₴13088
₴11884
₴8560
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

-
-
-
48 000
municipal
-
-
-
8 544
health
-
-
-
533
national
-
-
-
4 693
total
-
-
-
13 770
Employee
25 935
-
40 381
-
municipal
4 248
-
6 594
-
national
428
-
2 553
-
pensions
1 750
-
2 726
-
unemployment
389
-
605
-
health
194
-
416
-
total
7 009
-
12 894
-
Employer
25 935
-
40 381
-
pensions
4 500
-
7 006
-
unemployment
168
-
263
-
accident
26
-
40
-
health
199
-
311
-
total
4 893
-
7 620
-
Corporate
17 171
48 000
-
-
income
3 434
9 600
-
-
total
3 434
9 600
-
-
Dividends

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

10 303
28 800
-
-
municipal
1 854
5 184
-
-
national
-
1 202
-
-
total
1 854
6 386
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 190
15 986
20 514
13 770
After tax
30 810
32 014
27 486
34 230
Living cost
18 926
18 926
18 926
18 926
Free-cash
11 884
13 088
8 560
15 304

Estimated living cost  is ₴18926 per week

₴12362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴22814
₴23729
₴21048
₴22767
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
-
-
-
48 000
health
-
-
-
1 224
social contributions
-
-
-
7 488
income
-
-
-
5 061
total
-
-
-
13 773
Employee
37 906
37 906
43 577
-
social contributions
1 433
3 146
3 617
-
income
4 127
3 509
5 039
-
health
294
645
741
-
total
5 854
7 300
9 397
-
Employer
37 906
37 906
43 577
-
social contributions
1 433
3 146
3 617
-
health
319
702
806
-
total
1 752
3 848
4 423
-
Corporate
28 980
6 246
-
-
income
3 622
781
-
-
total
3 622
781
-
-
Dividends
25 358
5 465
-
-
withholding
4 311
929
-
-
total
4 311
929
-
-
Income
48 000
48 000
48 000
48 000
Total tax
15 539
12 858
13 820
13 773
After tax
32 461
35 142
34 180
34 227
Living cost
11 413
11 413
11 413
11 413
Free-cash
21 048
23 729
22 767
22 814

Estimated living cost  is ₴11413 per week

₴6840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴30676
₴31922
₴29414
₴21781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
48 000
pensions
-
-
-
3 136
health
-
-
-
1 784
unemployment
-
-
-
14
income
-
-
-
4 563
total
-
-
-
9 497
Employee

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

11 315
-
43 517
-
pensions
1 697
-
6 528
-
unemployment
56
-
218
-
income
774
-
3 464
-
health
962
-
3 699
-
total
3 489
-
13 909
-
Employer

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

11 315
-
43 517
-
pensions
622
-
2 394
-
unemployment
56
-
218
-
health
486
-
1 871
-
total
1 164
-
4 483
-
Corporate
35 520
48 000
-
-
income
3 197
4 320
-
-
total
3 197
4 320
-
-
Dividends
32 324
43 680
-
-
withholding
2 909
3 931
-
-
total
2 909
3 931
-
-
Income
48 000
48 000
48 000
48 000
Total tax
10 759
8 251
18 392
9 497
After tax
37 241
39 749
29 608
38 503
Living cost
7 827
7 827
7 827
7 827
Free-cash
29 414
31 922
21 781
30 676

Estimated living cost  is ₴7827 per week

₴4994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
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.
₴2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴12069
₴18788
₴16202
₴11939
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
-
-
-
48 000
pensions
-
-
-
12 930
other
-
-
-
46
unemployment
-
-
-
320
accident
-
-
-
412
income
-
-
-
8 667
total
-
-
-
22 375
Employee
18 227
-
36 397
-
pensions
857
-
1 711
-
other
18
-
36
-
unemployment
283
-
564
-
income
3 514
-
8 591
-
total
4 672
-
10 902
-
Employer
18 227
-
36 397
-
pensions
4 301
-
8 590
-
other
146
-
291
-
unemployment
1 003
-
2 002
-
accident
361
-
720
-
total
5 811
-
11 603
-
Corporate
23 961
48 000
-
-
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.

3 594
7 200
-
-
total
3 594
7 200
-
-
Dividends
20 367
40 800
-
-
withholding
4 165
8 456
-
-
total
4 165
8 456
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 242
15 656
22 505
22 375
After tax
29 758
32 344
25 495
25 625
Living cost
13 556
13 556
13 556
13 556
Free-cash
16 202
18 788
11 939
12 069

Estimated living cost  is ₴13556 per week

₴9150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴29675
₴28991
₴28834
₴29606
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
-
-
-
48 000
pensions
-
-
-
701
health
-
-
-
508
income
-
-
-
16 155
total
-
-
-
17 364
Employee
1 464
-
47 211
-
pensions
132
-
316
-
unemployment
15
-
35
-
income
283
-
16 118
-
health
73
-
175
-
total
503
-
16 644
-
Employer
1 464
-
47 211
-
pensions
161
-
386
-
unemployment
29
-
70
-
health
139
-
333
-
total
329
-
789
-
Corporate
46 206
48 000
-
-
income
10 165
10 560
-
-
total
10 165
10 560
-
-
Dividends
36 041
37 440
-
-
withholding
7 208
7 488
-
-
total
7 208
7 488
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 205
18 048
17 433
17 364
After tax
29 795
29 952
30 567
30 636
Living cost
961
961
961
961
Free-cash
28 834
28 991
29 606
29 675

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴16718
₴26159
₴23735
₴16719
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.

-
-
-
48 000
pensions
-
-
-
9 468
health
-
-
-
3 751
unemployment
-
-
-
546
income
-
-
-
8 996
total
-
-
-
22 761
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.

12 849
-
41 482
-
pensions
1 799
-
5 098
-
unemployment
96
-
273
-
income
1 771
-
8 996
-
health
662
-
1 875
-
total
4 328
-
16 242
-
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.

12 849
-
41 482
-
pensions
1 542
-
4 370
-
unemployment
96
-
273
-
health
662
-
1 875
-
total
2 300
-
6 518
-
Corporate
32 851
48 000
-
-
income
4 928
7 200
-
-
total
4 928
7 200
-
-
Dividends
27 923
40 800
-
-
withholding
4 188
6 120
-
-
total
4 188
6 120
-
-
Income
48 000
48 000
48 000
48 000
Total tax
15 744
13 320
22 760
22 761
After tax
32 256
34 680
25 240
25 239
Living cost
8 521
8 521
8 521
8 521
Free-cash
23 735
26 159
16 719
16 718

Estimated living cost  is ₴8521 per week

₴5737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴13614
₴14012
₴13834
₴11269
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.

-
-
-
48 000
surtax
-
-
-
-
social contributions

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

-
-
-
16 680
income
-
-
-
4 416
total
-
-
-
21 096
Employee
19 133
-
38 787
-
social contributions
2 105
-
4 267
-
surtax
-
-
-
-
income
3 738
-
9 962
-
total
5 843
-
14 229
-
Employer
19 133
-
38 787
-
social contributions
4 544
-
9 212
-
total
4 544
-
9 212
-
Corporate
24 324
48 000
-
-
income
5 108
10 080
-
-
surtax
-
-
-
-
total
5 108
10 080
-
-
Dividends
19 216
37 920
-
-
withholding
5 381
10 618
-
-
total
5 381
10 618
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 876
20 698
23 441
21 096
After tax
27 124
27 302
24 559
26 904
Living cost
13 290
13 290
13 290
13 290
Free-cash
13 834
14 012
11 269
13 614

Estimated living cost  is ₴13290 per week

₴9413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴2718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴8300
₴15019
₴11260
₴8170
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
-
-
-
48 000
pensions
-
-
-
12 930
other
-
-
-
46
unemployment
-
-
-
320
accident
-
-
-
412
income
-
-
-
8 667
total
-
-
-
22 375
Employee
23 808
-
36 397
-
pensions
1 119
-
1 711
-
other
23
-
36
-
unemployment
369
-
564
-
income
4 973
-
8 591
-
total
6 484
-
10 902
-
Employer
23 808
-
36 397
-
pensions
5 618
-
8 590
-
other
191
-
291
-
unemployment
1 310
-
2 002
-
accident
471
-
720
-
total
7 590
-
11 603
-
Corporate
16 602
48 000
-
-
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.

2 490
7 200
-
-
total
2 490
7 200
-
-
Dividends
14 112
40 800
-
-
withholding
2 851
8 456
-
-
total
2 851
8 456
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 415
15 656
22 505
22 375
After tax
28 585
32 344
25 495
25 625
Living cost
17 325
17 325
17 325
17 325
Free-cash
11 260
15 019
8 170
8 300

Estimated living cost  is ₴17325 per week

₴12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴27729
₴32564
₴29563
₴29193
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
-
-
-
48 000
pensions

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

-
-
-
2 547
health
-
-
-
1 979
unemployment
-
-
-
69
income
-
-
-
7 200
total
-
-
-
11 795
Employee
11 223
-
44 623
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
pensions

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

985
-
1 511
-
income
1 123
-
4 462
-
health
516
-
792
-
total
2 747
-
6 954
-
Employer
11 223
-
44 623
-
pensions

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

1 237
-
1 897
-
unemployment
67
-
103
-
accident

We are using the highest rate at 1.1%.

123
-
189
-
health
774
-
1 188
-
total
2 201
-
3 377
-
Corporate
34 574
48 000
-
-
income
3 457
4 800
-
-
total
3 457
4 800
-
-
Dividends
31 117
43 200
-
-
withholding
1 556
2 160
-
-
total
1 556
2 160
-
-
Income
48 000
48 000
48 000
48 000
Total tax
9 961
6 960
10 331
11 795
After tax
38 039
41 040
37 669
36 205
Living cost
8 476
8 476
8 476
8 476
Free-cash
29 563
32 564
29 193
27 729

Estimated living cost  is ₴8476 per week

₴5606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴485
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.
₴2183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴11699
₴5736
₴12184
₴15298
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.

-
-
-
48 000
trade
-
-
-
3 599
health

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

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

-
-
-
3 368
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.

-
-
-
537
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.

-
-
-
9 765
total
-
-
-
17 269
Employee

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

24 528
-
48 000
-
surtax

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

111
-
537
-
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.

2 017
-
9 765
-
health

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

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

3 368
-
3 368
-
total
5 496
-
13 670
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 472
48 000
-
-
trade
3 369
6 888
-
-
income
3 521
7 200
-
-
chamber of commerce
109
145
-
-
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.

194
396
-
-
total
7 193
14 629
-
-
Dividends
16 280
33 371
-
-
withholding
3 882
8 155
-
-
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.

213
448
-
-
total
4 095
8 603
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 784
23 232
13 670
17 269
After tax
31 216
24 768
34 330
30 731
Living cost
19 032
19 032
19 032
19 032
Free-cash
12 184
5 736
15 298
11 699

Estimated living cost  is ₴19032 per week

₴13128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴3579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₴4626
₴5519
₴6607
₴4626
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
-
-
-
48 000
social contributions
-
-
-
4 241
income
-
-
-
11 052
total
-
-
-
15 293
Employee
38 560
-
48 000
-
social contributions
3 204
-
4 241
-
income
7 276
-
11 052
-
total
10 480
-
15 293
-
Employer
38 560
-
48 000
-
total
-
-
-
-
Corporate
9 440
48 000
-
-
income
1 180
6 000
-
-
total
1 180
6 000
-
-
Dividends
8 260
42 000
-
-
withholding
1 652
8 400
-
-
total
1 652
8 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
13 312
14 400
15 293
15 293
After tax
34 688
33 600
32 707
32 707
Living cost
28 081
28 081
28 081
28 081
Free-cash
6 607
5 519
4 626
4 626

Estimated living cost  is ₴28081 per week

₴21363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₴13042
₴10702
₴12774
₴17337
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.

-
-
-
48 000
health

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

-
-
-
3 032
income
-
-
-
14 032
total
-
-
-
17 064
Employee
22 614
-
45 732
-
social contributions
2 266
-
2 268
-
income
2 454
-
8 233
-
total
4 720
-
10 501
-
Employer
22 614
-
45 732
-
social contributions
2 266
-
2 268
-
total
2 266
-
2 268
-
Corporate
23 120
48 000
-
-
income
8 092
16 800
-
-
total
8 092
16 800
-
-
Dividends
15 029
31 200
-
-
social contributions
2 254
2 604
-
-
total
2 254
2 604
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 332
19 404
12 769
17 064
After tax
30 668
28 596
35 231
30 936
Living cost
17 894
17 894
17 894
17 894
Free-cash
12 774
10 702
17 337
13 042

Estimated living cost  is ₴17894 per week

₴11787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴4422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴16633
₴17389
₴15087
₴11967
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
-
-
-
48 000
pensions
-
-
-
3 505
income
-
-
-
9 738
total
-
-
-
13 243
Employee
24 878
-
42 281
-
pensions
1 899
-
3 988
-
income
4 530
-
7 522
-
health
325
-
681
-
total
6 754
-
12 191
-
Employer
24 878
-
42 281
-
pensions
2 513
-
4 914
-
health
473
-
804
-
total
2 986
-
5 718
-
Corporate
20 136
48 000
-
-
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.

3 826
9 120
-
-
total
3 826
9 120
-
-
Dividends
16 310
38 880
-
-
withholding
1 223
3 367
-
-
total
1 223
3 367
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 789
12 487
17 909
13 243
After tax
33 211
35 513
30 091
34 757
Living cost
18 124
18 124
18 124
18 124
Free-cash
15 087
17 389
11 967
16 633

Estimated living cost  is ₴18124 per week

₴12433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
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.
₴3797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₴21002
-₴8068
₴2054
₴12698
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
-
-
-
48 000
pensions
-
-
-
2 088
health
-
-
-
1 095
other
-
-
-
186
accident
-
-
-
127
income
-
-
-
11 546
total
-
-
-
15 042
Employee
18 808
-
40 790
-
pensions
2 118
-
3 829
-
income
2 580
-
7 637
-
health
2 153
-
4 670
-
total
6 851
-
16 136
-
Employer
18 808
-
40 790
-
pensions
3 058
-
5 530
-
unemployment
461
-
999
-
accident
314
-
681
-
total
3 833
-
7 210
-
Corporate
25 360
48 000
-
-
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.

22 824
43 200
-
-
total
22 824
43 200
-
-
Dividends
2 536
4 800
-
-
withholding
482
912
-
-
total
482
912
-
-
Income
48 000
48 000
48 000
48 000
Total tax
33 990
44 112
23 346
15 042
After tax
14 010
3 888
24 654
32 958
Living cost
11 956
11 956
11 956
11 956
Free-cash
2 054
-8 068
12 698
21 002

Estimated living cost  is ₴11956 per week

₴8775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴20820
₴33740
₴31753
₴23191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
48 000
pensions
-
-
-
8 832
health insurance
-
-
-
3 552
work injury
-
-
-
240
unemployment
-
-
-
576
income
-
-
-
7 328
total
-
-
-
20 528
Employee

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

10 643
-
48 000
-
pensions
1 958
-
7 245
-
health insurance
788
-
2 914
-
unemployment
128
-
473
-
income
1 064
-
7 328
-
work injury
53
-
197
-
total
3 991
-
18 157
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 357
48 000
-
-
income

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

-
480
-
-
total
-
480
-
-
Dividends
37 357
47 520
-
-
withholding
5 604
7 128
-
-
total
5 604
7 128
-
-
Income
48 000
48 000
48 000
48 000
Total tax
9 595
7 608
18 157
20 528
After tax
38 405
40 392
29 843
27 472
Living cost
6 652
6 652
6 652
6 652
Free-cash
31 753
33 740
23 191
20 820

Estimated living cost  is ₴6652 per week

₴4121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴1840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₴4644
₴5646
₴3402
₴2447
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
-
-
-
48 000
municipal
-
-
-
321
regional
-
-
-
946
social contributions
-
-
-
12 345
national
-
-
-
10 106
total
-
-
-
23 718
Employee
41 540
-
48 000
-
social contributions
14 007
-
16 186
-
municipal
248
-
286
-
regional
627
-
796
-
national
7 020
-
8 647
-
total
21 902
-
25 915
-
Employer
41 540
-
48 000
-
total
-
-
-
-
Corporate
6 460
48 000
-
-
nationa
1 550
11 520
-
-
municipal
312
2 313
-
-
total
1 862
13 833
-
-
Dividends
4 599
34 166
-
-
withholding
1 196
8 883
-
-
total
1 196
8 883
-
-
Income
48 000
48 000
48 000
48 000
Total tax
24 960
22 716
25 915
23 718
After tax
23 040
25 284
22 085
24 282
Living cost
19 638
19 638
19 638
19 638
Free-cash
3 402
5 646
2 447
4 644

Estimated living cost  is ₴19638 per week

₴13795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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