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

Andorra , Andorra
₴25381
₴31616
₴26657
₴32780
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
-
-
-
1 639
total
-
-
-
12 199
Employee
11 144
-
41 559
-
social contributions
724
-
2 701
-
income
-
-
1 781
-
total
724
-
4 482
-
Employer
11 144
-
41 559
-
social contributions
1 727
-
6 441
-
total
1 727
-
6 441
-
Corporate
35 128
48 000
-
-
income
3 513
4 800
-
-
total
3 513
4 800
-
-
Dividends
31 616
43 200
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
5 964
4 800
10 923
12 199
After tax
42 036
43 200
37 077
35 801
Living cost
10 420
10 420
10 420
10 420
Free-cash
31 616
32 780
26 657
25 381

Estimated living cost  is ₴10420 per week

₴6737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Graz , Austria
₴13358
₴15486
₴1798
₴15663
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
surtax
-
-
-
-
unemployment
-
-
-
2 126
health
-
-
-
3 098
chamber of commerce
-
-
-
192
pensions
-
-
-
7 492
income
-
-
-
10 675
total
-
-
-
23 583
Employee
15 153
13 814
37 272
-
unemployment
455
414
1 118
-
other
151
138
373
-
income
1 350
1 019
8 675
-
pensions
1 552
1 414
3 817
-
health
586
535
1 443
-
total
4 094
3 520
15 426
-
Employer
15 153
13 814
37 272
-
pensions
1 902
1 734
4 678
-
surtax
-
-
-
-
payroll
455
414
1 118
-
other
720
656
1 771
-
health
573
522
1 409
-
accident
197
180
485
-
unemployment
455
414
1 118
-
chamber of commerce
61
55
149
-
total
4 363
3 975
10 728
-
Corporate
28 487
30 210
35 956
-
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.

7 122
7 552
8 989
-
total
7 122
7 552
8 989
-
Dividends
21 365
22 657
-
-
withholding
5 876
6 231
-
-
total
5 876
6 231
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 455
21 278
35 143
23 583
After tax
26 545
26 722
12 857
24 417
Living cost
11 059
11 059
11 059
11 059
Free-cash
15 486
15 663
1 798
13 358

Estimated living cost  is ₴11059 per week

₴6634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Vienna , Austria
₴12135
₴13932
₴634
₴14472
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
surtax
-
-
-
68
unemployment
-
-
-
2 126
health
-
-
-
3 098
chamber of commerce
-
-
-
192
pensions
-
-
-
7 492
income
-
-
-
10 675
total
-
-
-
23 651
Employee
17 324
13 814
37 220
-
unemployment
520
414
1 116
-
other
173
138
372
-
income
1 972
1 019
8 657
-
pensions
1 774
1 414
3 811
-
health
670
535
1 441
-
total
5 109
3 520
15 397
-
Employer
17 324
13 814
37 220
-
pensions
2 174
1 734
4 671
-
surtax
68
68
68
-
payroll
520
414
1 116
-
other
823
656
1 768
-
health
655
522
1 407
-
accident
225
180
484
-
unemployment
520
414
1 116
-
chamber of commerce
69
55
149
-
total
5 054
4 043
10 779
-
Corporate
25 623
30 142
35 904
-
income

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

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

6 406
7 535
8 976
-
total
6 406
7 535
8 976
-
Dividends
19 217
22 606
-
-
withholding
5 285
6 216
-
-
total
5 285
6 216
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 854
21 314
35 152
23 651
After tax
26 146
26 686
12 848
24 349
Living cost
12 214
12 214
12 214
12 214
Free-cash
13 932
14 472
634
12 135

Estimated living cost  is ₴12214 per week

₴8146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴8563
₴9033
₴4990
₴14233
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
national
-
-
-
16 813
communal

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

-
-
-
2 427
social contributions
-
-
-
7 558
total
-
-
-
26 798
Employee

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

24 796
-
37 177
-
unemployment

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

216
-
324
-
national
7 623
-
12 751
-
communal

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

1 293
-
1 939
-
pensions

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

1 860
-
2 788
-
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.

1 165
-
1 747
-
total
12 157
-
19 549
-
Employer

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

24 796
-
37 177
-
surtax
2 812
-
4 215
-
pensions

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

2 197
-
3 294
-
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.

1 525
-
2 287
-
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.

322
-
483
-
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.

362
-
543
-
total
7 218
-
10 822
-
Corporate
15 987
48 000
-
-
income
3 198
9 600
-
-
surtax
64
192
-
-
total
3 262
9 792
-
-
Dividends
12 725
38 208
-
-
withholding

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

3 691
11 336
-
-
total
3 691
11 336
-
-
Income
48 000
48 000
48 000
48 000
Total tax
26 328
21 128
30 371
26 798
After tax
21 672
26 872
17 629
21 202
Living cost
12 639
12 639
12 639
12 639
Free-cash
9 033
14 233
4 990
8 563

Estimated living cost  is ₴12639 per week

₴8141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴31583
₴32947
₴33325
₴35064
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
unemployment
-
-
-
49
health
-
-
-
1 396
pensions

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

-
-
-
1 796
income
-
-
-
7 200
total
-
-
-
10 441
Employee
7 914
-
45 619
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
791
-
4 562
-
pensions

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

695
-
1 066
-
health
364
-
558
-
total
1 937
-
6 319
-
Employer
7 914
-
45 619
-
pensions

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

872
-
1 337
-
health
546
-
837
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
48
-
73
-
total
1 553
-
2 380
-
Corporate
38 534
48 000
-
-
income
3 853
4 800
-
-
total
3 853
4 800
-
-
Dividends
34 681
43 200
-
-
withholding
1 734
2 160
-
-
total
1 734
2 160
-
-
Income
48 000
48 000
48 000
48 000
Total tax
9 077
6 960
8 699
10 441
After tax
38 923
41 040
39 301
37 559
Living cost
5 976
5 976
5 976
5 976
Free-cash
32 947
35 064
33 325
31 583

Estimated living cost  is ₴5976 per week

₴3953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴33004
₴34873
₴34746
₴36485
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
unemployment
-
-
-
49
health
-
-
-
1 396
pensions

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

-
-
-
1 796
income
-
-
-
7 200
total
-
-
-
10 441
Employee
6 031
-
45 619
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
603
-
4 562
-
pensions

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

530
-
1 066
-
health
277
-
558
-
total
1 476
-
6 319
-
Employer
6 031
-
45 619
-
pensions

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

665
-
1 337
-
health
416
-
837
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
73
-
total
1 183
-
2 380
-
Corporate
40 785
48 000
-
-
income
4 078
4 800
-
-
total
4 078
4 800
-
-
Dividends
36 707
43 200
-
-
withholding
1 835
2 160
-
-
total
1 835
2 160
-
-
Income
48 000
48 000
48 000
48 000
Total tax
8 572
6 960
8 699
10 441
After tax
39 428
41 040
39 301
37 559
Living cost
4 555
4 555
4 555
4 555
Free-cash
34 873
36 485
34 746
33 004

Estimated living cost  is ₴4555 per week

₴2659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴25436
₴25146
₴24978
₴27034
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
-
-
-
5 609
income
-
-
-
7 705
total
-
-
-
14 538
Employee
26 655
26 655
44 198
-
income
2 902
2 467
7 459
-
social contributions
1 008
2 212
2 984
-
health
207
453
751
-
total
4 117
5 132
11 194
-
Employer
26 655
26 655
44 198
-
social contributions
1 008
2 212
2 984
-
health
224
493
818
-
total
1 232
2 705
3 802
-
Corporate
34 626
18 639
-
-
income
4 328
2 330
-
-
total
4 328
2 330
-
-
Dividends
30 297
16 309
-
-
withholding
5 151
2 773
-
-
total
5 151
2 773
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 828
12 940
14 996
14 538
After tax
33 172
35 060
33 004
33 462
Living cost
8 026
8 026
8 026
8 026
Free-cash
25 146
27 034
24 978
25 436

Estimated living cost  is ₴8026 per week

₴4810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴22219
₴22378
₴21761
₴23817
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
-
-
-
5 609
income
-
-
-
7 705
total
-
-
-
14 538
Employee
26 655
26 655
44 198
-
income
2 799
2 467
7 459
-
social contributions
1 295
2 212
2 984
-
health
265
453
751
-
total
4 359
5 132
11 194
-
Employer
26 655
26 655
44 198
-
social contributions
1 295
2 212
2 984
-
health
289
493
818
-
total
1 584
2 705
3 802
-
Corporate
30 813
18 639
-
-
income
3 852
2 330
-
-
total
3 852
2 330
-
-
Dividends
26 962
16 309
-
-
withholding
4 584
2 773
-
-
total
4 584
2 773
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 379
12 940
14 996
14 538
After tax
33 621
35 060
33 004
33 462
Living cost
11 243
11 243
11 243
11 243
Free-cash
22 378
23 817
21 761
22 219

Estimated living cost  is ₴11243 per week

₴7686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴17483
₴22179
₴16347
₴25037
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
-
-
-
11 527
income
-
-
-
4 499
solidarity contribution
-
-
-
-
total
-
-
-
22 506
Employee
11 781
-
35 821
-
income
1 414
-
4 299
-
social contributions
766
-
2 328
-
health
1 590
-
4 836
-
solidarity contribution
-
-
-
-
total
3 770
-
11 463
-
Employer
11 781
-
35 821
-
social contributions
2 945
-
8 955
-
health
1 060
-
3 224
-
total
4 005
-
12 179
-
Corporate
32 214
48 000
-
-
income
6 121
9 120
-
-
total
6 121
9 120
-
-
Dividends
26 093
38 880
-
-
withholding
3 914
5 832
-
-
total
3 914
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 810
14 952
23 642
22 506
After tax
30 190
33 048
24 358
25 494
Living cost
8 011
8 011
8 011
8 011
Free-cash
22 179
25 037
16 347
17 483

Estimated living cost  is ₴8011 per week

₴5564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴15623
₴19654
₴14486
₴23177
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
-
-
-
11 527
income
-
-
-
4 499
solidarity contribution
-
-
-
-
total
-
-
-
22 506
Employee
14 517
-
35 821
-
income
1 742
-
4 299
-
social contributions
944
-
2 328
-
health
1 960
-
4 836
-
solidarity contribution
-
-
-
-
total
4 646
-
11 463
-
Employer
14 517
-
35 821
-
social contributions
3 629
-
8 955
-
health
1 307
-
3 224
-
total
4 936
-
12 179
-
Corporate
28 547
48 000
-
-
income
5 424
9 120
-
-
total
5 424
9 120
-
-
Dividends
23 123
38 880
-
-
withholding
3 469
5 832
-
-
total
3 469
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 475
14 952
23 642
22 506
After tax
29 525
33 048
24 358
25 494
Living cost
9 872
9 872
9 872
9 872
Free-cash
19 654
23 177
14 486
15 623

Estimated living cost  is ₴9872 per week

₴7341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
₴12329
-₴27759
-₴27759
-₴27759
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
national
-
-
-
5 203
pensions
-
-
-
301
municipal
-
-
-
9 605
labour market
-
-
-
3 816
total
-
-
-
18 925
Employee
70 682
70 682
70 682
-
municipal
15 051
15 051
15 051
-
national
8 635
8 635
8 635
-
pensions
100
100
100
-
labour market
5 646
5 646
5 646
-
total
29 432
29 432
29 432
-
Employer
70 682
70 682
70 682
-
pensions
201
201
201
-
labour market
5 655
5 655
5 655
-
municipal
15 075
15 075
15 075
-
national
8 650
8 650
8 650
-
total
29 581
29 581
29 581
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
59 013
59 013
59 013
18 925
After tax
-11 013
-11 013
-11 013
29 075
Living cost
16 746
16 746
16 746
16 746
Free-cash
-27 759
-27 759
-27 759
12 329

Estimated living cost  is ₴16746 per week

₴11461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1481
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.
₴3546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴17355
₴27874
₴19293
₴30027
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
-
-
-
6 240
pensions
-
-
-
9 600
income
-
-
-
6 432
total
-
-
-
22 272
Employee
9 834
-
35 874
-
unemployment
157
-
574
-
income
1 107
-
6 916
-
pensions
197
-
718
-
total
1 461
-
8 208
-
Employer
9 834
-
35 874
-
pensions
1 967
-
7 175
-
health
1 278
-
4 664
-
unemployment
79
-
287
-
total
3 324
-
12 126
-
Corporate
34 842
48 000
-
-
income
6 968
9 600
-
-
total
6 968
9 600
-
-
Dividends
27 874
38 400
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
11 753
9 600
20 334
22 272
After tax
36 247
38 400
27 666
25 728
Living cost
8 373
8 373
8 373
8 373
Free-cash
27 874
30 027
19 293
17 355

Estimated living cost  is ₴8373 per week

₴5743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₴19282
₴17962
₴12702
₴17580
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
national
-
-
-
6 281
health
-
-
-
595
municipal
-
-
-
8 533
total
-
-
-
15 409
Employee
18 238
-
40 380
-
unemployment
274
-
606
-
municipal
2 987
-
6 583
-
national
301
-
3 978
-
pensions
1 231
-
2 726
-
health
136
-
477
-
total
4 929
-
14 370
-
Employer
18 238
-
40 380
-
pensions
3 164
-
7 006
-
health
140
-
311
-
accident
18
-
40
-
unemployment
118
-
262
-
total
3 440
-
7 619
-
Corporate
26 321
48 000
-
-
income
5 265
9 600
-
-
total
5 265
9 600
-
-
Dividends

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

15 793
28 800
-
-
municipal
2 842
5 184
-
-
national
253
2 327
-
-
total
3 095
7 511
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 729
17 111
21 989
15 409
After tax
31 271
30 889
26 011
32 591
Living cost
13 309
13 309
13 309
13 309
Free-cash
17 962
17 580
12 702
19 282

Estimated living cost  is ₴13309 per week

₴8693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
₴16575
₴15433
₴17157
₴13507
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
surtax
-
-
-
-
health
-
-
-
1 622
pensions
-
-
-
9 804
social contributions
-
-
-
1 368
income
-
-
-
6 458
other
-
-
-
1 488
total
-
-
-
20 740
Employee
13 243
-
37 924
-
income
683
-
6 685
-
surtax
-
-
-
-
social contributions
378
-
1 080
-
pensions
1 498
-
2 316
-
total
2 559
-
10 081
-
Employer
13 243
-
37 924
-
pensions
2 176
-
3 956
-
social contributions
39
-
114
-
other
457
-
1 342
-
health
927
-
3 129
-
unemployment
536
-
1 536
-
total
4 135
-
10 077
-
Corporate
30 621
48 000
-
-
income
8 574
13 440
-
-
surtax
-
-
-
-
total
8 574
13 440
-
-
Dividends
22 047
34 560
-
-
withholding
2 822
4 424
-
-
social contributions
3 792
5 944
-
-
surtax
-
-
-
-
total
6 614
10 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 882
23 808
20 158
20 740
After tax
26 118
24 192
27 842
27 260
Living cost
10 685
10 685
10 685
10 685
Free-cash
15 433
13 507
17 157
16 575

Estimated living cost  is ₴10685 per week

₴6197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴15400
₴14379
₴15982
₴12332
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
surtax
-
-
-
-
health
-
-
-
1 622
pensions
-
-
-
9 804
social contributions
-
-
-
1 368
income
-
-
-
6 458
other
-
-
-
1 488
total
-
-
-
20 740
Employee
14 836
-
37 924
-
income
876
-
6 685
-
surtax
-
-
-
-
social contributions
423
-
1 080
-
pensions
1 677
-
2 316
-
total
2 976
-
10 081
-
Employer
14 836
-
37 924
-
pensions
2 437
-
3 956
-
social contributions
45
-
114
-
other
512
-
1 342
-
health
1 039
-
3 129
-
unemployment
601
-
1 536
-
total
4 634
-
10 077
-
Corporate
28 531
48 000
-
-
income
7 989
13 440
-
-
surtax
-
-
-
-
total
7 989
13 440
-
-
Dividends
20 543
34 560
-
-
withholding
2 629
4 424
-
-
social contributions
3 533
5 944
-
-
surtax
-
-
-
-
total
6 162
10 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 761
23 808
20 158
20 740
After tax
26 239
24 192
27 842
27 260
Living cost
11 860
11 860
11 860
11 860
Free-cash
14 379
12 332
15 982
15 400

Estimated living cost  is ₴11860 per week

₴7478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
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.
₴3216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴10518
₴9832
₴11100
₴7450
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
surtax
-
-
-
-
health
-
-
-
1 622
pensions
-
-
-
9 804
social contributions
-
-
-
1 368
income
-
-
-
6 458
other
-
-
-
1 488
total
-
-
-
20 740
Employee
21 711
-
37 924
-
income
1 894
-
6 685
-
surtax
-
-
-
-
social contributions
618
-
1 080
-
pensions
2 456
-
2 316
-
total
4 968
-
10 081
-
Employer
21 711
-
37 924
-
pensions
3 567
-
3 956
-
social contributions
65
-
114
-
other
749
-
1 342
-
health
1 520
-
3 129
-
unemployment
880
-
1 536
-
total
6 781
-
10 077
-
Corporate
19 508
48 000
-
-
income
5 463
13 440
-
-
surtax
-
-
-
-
total
5 463
13 440
-
-
Dividends
14 046
34 560
-
-
withholding
1 798
4 424
-
-
social contributions
2 416
5 944
-
-
surtax
-
-
-
-
total
4 214
10 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 426
23 808
20 158
20 740
After tax
26 574
24 192
27 842
27 260
Living cost
16 742
16 742
16 742
16 742
Free-cash
9 832
7 450
11 100
10 518

Estimated living cost  is ₴16742 per week

₴11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
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.
₴3812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴45284
₴42945
₴36164
₴43364
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
2 795
-
48 000
-
income
559
-
9 600
-
total
559
-
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%.

45 205
48 000
-
-
total
-
-
-
-
Dividends
45 205
48 000
-
-
withholding
2 260
2 400
-
-
total
2 260
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
2 819
2 400
9 600
480
After tax
45 181
45 600
38 400
47 520
Living cost
2 236
2 236
2 236
2 236
Free-cash
42 945
43 364
36 164
45 284

Estimated living cost  is ₴2236 per week

₴1386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴44035
₴41462
₴34915
₴42115
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
4 356
-
48 000
-
income
871
-
9 600
-
total
871
-
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%.

43 644
48 000
-
-
total
-
-
-
-
Dividends
43 644
48 000
-
-
withholding
2 182
2 400
-
-
total
2 182
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
3 053
2 400
9 600
480
After tax
44 947
45 600
38 400
47 520
Living cost
3 485
3 485
3 485
3 485
Free-cash
41 462
42 115
34 915
44 035

Estimated living cost  is ₴3485 per week

₴2358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴13549
₴15876
₴18124
₴11341
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
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.

-
-
-
736
health

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

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

-
-
-
2 368
income

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

-
-
-
13 389
trade
-
-
-
4 575
total
-
-
-
21 068
Employee

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

17 248
-
48 000
-
income

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

1 418
-
13 389
-
surtax

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

78
-
736
-
health

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

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

2 368
-
2 368
-
total
3 864
-
16 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 752
48 000
-
-
trade
4 413
6 888
-
-
income
4 613
7 200
-
-
chamber of commerce
98
123
-
-
surtax

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

254
396
-
-
total
9 378
14 607
-
-
Dividends
21 375
33 393
-
-
withholding
5 212
8 217
-
-
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.

287
452
-
-
total
5 499
8 669
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 741
23 276
16 493
21 068
After tax
29 259
24 724
31 507
26 932
Living cost
13 383
13 383
13 383
13 383
Free-cash
15 876
11 341
18 124
13 549

Estimated living cost  is ₴13383 per week

₴9232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴194
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.
₴2517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
₴15985
₴17565
₴21007
₴13730
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
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.

-
-
-
736
health

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

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

-
-
-
2 368
income

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

-
-
-
13 389
trade
-
-
-
5 022
total
-
-
-
21 515
Employee

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

13 258
-
48 000
-
income

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

370
-
13 389
-
surtax

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

20
-
736
-
health

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

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

2 368
-
2 368
-
total
2 758
-
16 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 742
48 000
-
-
trade
5 472
7 560
-
-
income
5 211
7 200
-
-
chamber of commerce
103
122
-
-
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.

287
396
-
-
total
11 073
15 278
-
-
Dividends
23 669
32 722
-
-
withholding
5 786
8 049
-
-
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.

318
443
-
-
total
6 104
8 492
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 935
23 770
16 493
21 515
After tax
28 065
24 230
31 507
26 485
Living cost
10 500
10 500
10 500
10 500
Free-cash
17 565
13 730
21 007
15 985

Estimated living cost  is ₴10500 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
₴12644
₴15237
₴17889
₴10366
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
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.

-
-
-
736
health

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

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

-
-
-
2 368
income

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

-
-
-
13 389
trade
-
-
-
5 245
total
-
-
-
21 738
Employee

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

17 579
-
48 000
-
income

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

1 510
-
13 389
-
surtax

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

83
-
736
-
health

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

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

2 368
-
2 368
-
total
3 961
-
16 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 421
48 000
-
-
trade
5 004
7 896
-
-
income
4 563
7 200
-
-
chamber of commerce
96
121
-
-
surtax

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

251
396
-
-
total
9 914
15 613
-
-
Dividends
20 506
32 387
-
-
withholding
4 995
7 965
-
-
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.

275
438
-
-
total
5 270
8 403
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 145
24 016
16 493
21 738
After tax
28 855
23 984
31 507
26 262
Living cost
13 618
13 618
13 618
13 618
Free-cash
15 237
10 366
17 889
12 644

Estimated living cost  is ₴13618 per week

₴9108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
₴10159
₴13478
₴15627
₴7857
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
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.

-
-
-
736
health

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

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

-
-
-
2 368
income

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

-
-
-
13 389
trade
-
-
-
5 468
total
-
-
-
21 961
Employee

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

20 833
-
48 000
-
income

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

2 450
-
13 389
-
surtax

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

135
-
736
-
health

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

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

2 368
-
2 368
-
total
4 953
-
16 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 167
48 000
-
-
trade
4 659
8 232
-
-
income
4 075
7 200
-
-
chamber of commerce
91
120
-
-
surtax

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

224
396
-
-
total
9 049
15 948
-
-
Dividends
18 118
32 052
-
-
withholding
4 398
7 881
-
-
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.

242
434
-
-
total
4 640
8 315
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 642
24 263
16 493
21 961
After tax
29 358
23 737
31 507
26 039
Living cost
15 880
15 880
15 880
15 880
Free-cash
13 478
7 857
15 627
10 159

Estimated living cost  is ₴15880 per week

₴11598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Athens , Greece
₴14991
₴21305
₴13971
₴22406
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
surtax
-
-
-
1 552
unemployment
-
-
-
79
health
-
-
-
3 284
pensions
-
-
-
9 253
income
-
-
-
11 055
other
-
-
-
-
total
-
-
-
25 223
Employee
11 674
-
39 653
-
unemployment
812
-
2 760
-
other
-
-
-
-
income
1 957
-
10 089
-
surtax
41
-
1 391
-
pensions
779
-
2 645
-
health
298
-
1 011
-
total
3 887
-
17 896
-
Employer
11 674
-
39 653
-
pensions
1 556
-
5 286
-
other
-
-
-
-
health
531
-
1 804
-
unemployment
370
-
1 257
-
total
2 457
-
8 347
-
Corporate
33 869
48 000
-
-
income
8 806
12 480
-
-
total
8 806
12 480
-
-
Dividends
25 063
35 520
-
-
withholding
3 759
5 328
-
-
total
3 759
5 328
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 909
17 808
26 243
25 223
After tax
29 091
30 192
21 757
22 777
Living cost
7 786
7 786
7 786
7 786
Free-cash
21 305
22 406
13 971
14 991

Estimated living cost  is ₴7786 per week

₴4701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴677
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.
₴2228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴15128
₴21465
₴14108
₴22543
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
surtax
-
-
-
1 552
unemployment
-
-
-
79
health
-
-
-
3 284
pensions
-
-
-
9 253
income
-
-
-
11 055
other
-
-
-
-
total
-
-
-
25 223
Employee
11 463
-
39 653
-
unemployment
798
-
2 760
-
other
-
-
-
-
income
1 921
-
10 089
-
surtax
37
-
1 391
-
pensions
764
-
2 645
-
health
293
-
1 011
-
total
3 813
-
17 896
-
Employer
11 463
-
39 653
-
pensions
1 528
-
5 286
-
other
-
-
-
-
health
522
-
1 804
-
unemployment
363
-
1 257
-
total
2 413
-
8 347
-
Corporate
34 124
48 000
-
-
income
8 872
12 480
-
-
total
8 872
12 480
-
-
Dividends
25 252
35 520
-
-
withholding
3 788
5 328
-
-
total
3 788
5 328
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 886
17 808
26 243
25 223
After tax
29 114
30 192
21 757
22 777
Living cost
7 649
7 649
7 649
7 649
Free-cash
21 465
22 543
14 108
15 128

Estimated living cost  is ₴7649 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴2090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴26314
₴20212
₴20887
₴20066
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
unemployment
-
-
-
720
health
-
-
-
3 360
pensions
-
-
-
4 800
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.

10 015
3 986
40 167
-
unemployment
150
60
603
-
income
1 224
487
4 910
-
pensions
1 001
399
4 017
-
health
701
279
2 812
-
total
3 076
1 225
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.

10 015
3 986
40 167
-
pensions
1 953
777
7 833
-
total
1 953
777
7 833
-
Corporate
36 032
43 237
-
-
income
3 243
3 891
-
-
total
3 243
3 891
-
-
Dividends
32 789
39 346
-
-
withholding
6 230
7 476
-
-
social contributions
6 348
7 627
-
-
total
12 578
15 103
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 850
20 996
20 175
14 748
After tax
27 150
27 004
27 825
33 252
Living cost
6 938
6 938
6 938
6 938
Free-cash
20 212
20 066
20 887
26 314

Estimated living cost  is ₴6938 per week

₴4734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴139
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₴11777
₴12950
₴12153
₴13229
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
national
-
-
-
8 037
pensions
-
-
-
5 760
social contributions
-
-
-
516
municipal
-
-
-
5 187
total
-
-
-
19 500
Employee
25 924
-
41 496
-
municipal
3 202
-
5 373
-
national
4 962
-
8 325
-
pensions
1 037
-
1 660
-
total
9 201
-
15 358
-
Employer
25 924
-
41 496
-
pensions
2 074
-
3 320
-
social contributions
279
-
446
-
total
2 353
-
3 766
-
Corporate
18 013
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%.

3 603
9 600
-
-
total
3 603
9 600
-
-
Dividends
14 410
38 400
-
-
withholding
3 170
8 448
-
-
total
3 170
8 448
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 327
18 048
19 124
19 500
After tax
29 673
29 952
28 876
28 500
Living cost
16 723
16 723
16 723
16 723
Free-cash
12 950
13 229
12 153
11 777

Estimated living cost  is ₴16723 per week

₴11366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dublin , Ireland
₴7078
₴14618
₴7078
₴13854
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
-
-
-
7 706
income
-
-
-
13 470
total
-
-
-
21 176
Employee
27 115
-
48 000
-
social contributions
2 253
-
7 706
-
income
5 117
-
13 470
-
total
7 370
-
21 176
-
Employer
27 115
-
48 000
-
total
-
-
-
-
Corporate
20 885
48 000
-
-
income
2 611
6 000
-
-
total
2 611
6 000
-
-
Dividends
18 274
42 000
-
-
withholding
3 655
8 400
-
-
total
3 655
8 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
13 636
14 400
21 176
21 176
After tax
34 364
33 600
26 824
26 824
Living cost
19 746
19 746
19 746
19 746
Free-cash
14 618
13 854
7 078
7 078

Estimated living cost  is ₴19746 per week

₴15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Milan , Italy
₴9062
₴9173
₴6776
₴10983
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
national
-
-
-
11 128
regional
-
-
-
553
social contributions
-
-
-
12 345
municipal
-
-
-
285
total
-
-
-
24 311
Employee
30 807
-
48 000
-
municipal
163
-
255
-
national
5 338
-
9 669
-
social contributions
10 388
-
16 186
-
regional
291
-
487
-
total
16 180
-
26 597
-
Employer
30 807
-
48 000
-
total
-
-
-
-
Corporate
17 193
48 000
-
-
nationa
4 127
11 520
-
-
municipal
670
1 872
-
-
total
4 797
13 392
-
-
Dividends
12 396
34 608
-
-
withholding
3 223
8 998
-
-
total
3 223
8 998
-
-
Income
48 000
48 000
48 000
48 000
Total tax
24 200
22 390
26 597
24 311
After tax
23 800
25 610
21 403
23 689
Living cost
14 627
14 627
14 627
14 627
Free-cash
9 173
10 983
6 776
9 062

Estimated living cost  is ₴14627 per week

₴10196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴3247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴14180
₴15123
₴11906
₴15891
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
national
-
-
-
11 128
regional
-
-
-
724
social contributions
-
-
-
12 345
municipal
-
-
-
285
total
-
-
-
24 482
Employee
19 229
-
48 000
-
municipal
102
-
255
-
national
3 046
-
9 669
-
social contributions
6 484
-
16 186
-
regional
259
-
646
-
total
9 891
-
26 756
-
Employer
19 229
-
48 000
-
total
-
-
-
-
Corporate
28 771
48 000
-
-
nationa
6 905
11 520
-
-
municipal
1 430
2 386
-
-
total