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

Valencia , Spain
₴22356
₴17374
₴18647
₴23710
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
-
-
-
197
income
-
-
-
12 556
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 966
total
-
-
-
21 001
Employee
11 230
-
39 025
-
unemployment
174
-
436
-
pensions
528
-
1 323
-
income
2 165
-
11 513
-
other
11
-
28
-
total
2 878
-
13 300
-
Employer
11 230
-
39 025
-
pensions
2 650
-
6 644
-
accident
222
-
557
-
unemployment
618
-
1 548
-
other
90
-
225
-
total
3 580
-
8 974
-
Corporate
33 189
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.

4 979
7 200
-
-
total
4 979
7 200
-
-
Dividends
28 211
40 800
-
-
withholding
5 855
8 738
-
-
total
5 855
8 738
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 292
15 938
22 274
21 001
After tax
30 708
32 062
25 726
26 999
Living cost
8 352
8 352
8 352
8 352
Free-cash
22 356
23 710
17 374
18 647

Estimated living cost  is ₴8352 per week

₴5637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴25122
₴19243
₴17709
₴27173
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.

-
-
-
11 085
income
-
-
-
6 887
other
-
-
-
2 194
health
-
-
-
2 032
total
-
-
-
22 198
Employee
11 028
-
38 338
-
health
154
-
537
-
unemployment
110
-
383
-
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.

772
-
2 684
-
income
1 899
-
7 398
-
total
2 935
-
11 002
-
Employer
11 028
-
38 338
-
health
154
-
537
-
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.

1 875
-
6 518
-
accident
88
-
307
-
unemployment
110
-
383
-
other
552
-
1 917
-
total
2 779
-
9 662
-
Corporate
34 193
48 000
-
-
income
7 180
10 080
-
-
total
7 180
10 080
-
-
Dividends
27 013
37 920
-
-
withholding
1 891
2 654
-
-
total
1 891
2 654
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 785
12 734
20 664
22 198
After tax
33 215
35 266
27 336
25 802
Living cost
8 093
8 093
8 093
8 093
Free-cash
25 122
27 173
19 243
17 709

Estimated living cost  is ₴8093 per week

₴5718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1698
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
₴35646
₴35806
₴33985
₴37057
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.

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
7 200
health
-
-
-
1 220
total
-
-
-
10 032
Employee
5 274
-
45 918
-
health
243
-
488
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

463
-
932
-
income
527
-
4 592
-
total
1 291
-
6 129
-
Employer
5 274
-
45 918
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
41 691
48 000
-
-
income
4 169
4 800
-
-
total
4 169
4 800
-
-
Dividends
37 522
43 200
-
-
withholding
1 876
2 160
-
-
total
1 876
2 160
-
-
Income
48 000
48 000
48 000
48 000
Total tax
8 371
6 960
8 211
10 032
After tax
39 629
41 040
39 789
37 968
Living cost
3 983
3 983
3 983
3 983
Free-cash
35 646
37 057
35 806
33 985

Estimated living cost  is ₴3983 per week

₴2325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1268
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
₴15595
₴16600
₴16747
₴13801
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
income
-
-
-
7 065
other
-
-
-
1 488
health
-
-
-
1 858
social contributions
-
-
-
1 368
pensions
-
-
-
9 083
surtax
-
-
-
-
total
-
-
-
20 862
Employee
12 999
-
37 501
-
pensions
1 470
-
2 461
-
income
767
-
6 980
-
social contributions
371
-
1 069
-
surtax
-
-
-
-
total
2 608
-
10 510
-
Employer
12 999
-
37 501
-
health
910
-
3 297
-
social contributions
39
-
112
-
pensions
2 135
-
4 170
-
unemployment
526
-
1 519
-
other
448
-
1 401
-
total
4 058
-
10 499
-
Corporate
30 942
48 000
-
-
income
8 664
13 440
-
-
surtax
-
-
-
-
total
8 664
13 440
-
-
Dividends
22 278
34 560
-
-
social contributions
3 832
5 944
-
-
surtax
-
-
-
-
withholding
2 852
4 424
-
-
total
6 684
10 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
22 014
23 808
21 009
20 862
After tax
25 986
24 192
26 991
27 138
Living cost
10 391
10 391
10 391
10 391
Free-cash
15 595
13 801
16 600
16 747

Estimated living cost  is ₴10391 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴9098
₴16670
₴14160
₴10960
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
-
-
-
3 558
income
-
-
-
13 814
health
-
-
-
3 745
total
-
-
-
21 117
Employee
25 936
25 936
42 356
-
health
3 981
3 386
3 745
-
pensions
4 669
3 558
3 558
-
income

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

4 245
4 245
5 660
-
total
12 895
11 189
12 963
-
Employer
25 936
25 936
42 356
-
health
1 803
1 803
2 240
-
pensions
1 805
1 805
2 244
-
unemployment
934
934
1 160
-
total
4 542
4 542
5 644
-
Corporate
17 840
17 522
-
-
income
3 568
3 504
-
-
total
3 568
3 504
-
-
Dividends
14 272
14 018
-
-
income
3 033
2 979
-
-
withholding
2 141
2 103
-
-
total
5 174
5 082
-
-
Income
48 000
48 000
48 000
48 000
Total tax
26 179
24 317
18 607
21 117
After tax
21 821
23 683
29 393
26 883
Living cost
12 723
12 723
12 723
12 723
Free-cash
9 098
10 960
16 670
14 160

Estimated living cost  is ₴12723 per week

₴9017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1147
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.
₴2357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴18378
₴21715
₴16379
₴15019
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
-
-
-
5 336
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.

-
-
-
14 228
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.

-
-
-
2 075
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.

-
-
-
783
total
-
-
-
22 422
Employee

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

11 617
-
48 000
-
health

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

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

2 075
-
2 075
-
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.

324
-
14 228
-
surtax

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

18
-
783
-
total
2 417
-
17 086
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 383
48 000
-
-
income
5 458
7 200
-
-
trade
5 730
7 560
-
-
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.

300
396
-
-
chamber of commerce
99
115
-
-
total
11 587
15 271
-
-
Dividends
24 797
32 729
-
-
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.

335
444
-
-
withholding
6 084
8 067
-
-
total
6 419
8 511
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 423
23 782
17 086
22 422
After tax
27 577
24 218
30 914
25 578
Living cost
9 199
9 199
9 199
9 199
Free-cash
18 378
15 019
21 715
16 379

Estimated living cost  is ₴9199 per week

₴5787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴26349
₴25616
₴26051
₴28003
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
income
-
-
-
8 779
health
-
-
-
1 224
social contributions
-
-
-
4 914
total
-
-
-
14 917
Employee
23 355
23 355
44 561
-
health
181
397
757
-
income
2 543
2 162
8 543
-
social contributions
883
1 938
2 614
-
total
3 607
4 497
11 914
-
Employer
23 355
23 355
44 561
-
health
197
432
824
-
social contributions
883
1 938
2 614
-
total
1 080
2 370
3 438
-
Corporate
36 282
22 275
-
-
income
4 535
2 784
-
-
total
4 535
2 784
-
-
Dividends
31 746
19 490
-
-
withholding
5 397
3 314
-
-
total
5 397
3 314
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 619
12 965
15 352
14 917
After tax
33 381
35 035
32 648
33 083
Living cost
7 032
7 032
7 032
7 032
Free-cash
26 349
28 003
25 616
26 051

Estimated living cost  is ₴7032 per week

₴4214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴17468
₴12893
₴16378
₴17775
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
income
-
-
-
5 415
social contributions

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

-
-
-
16 680
surtax
-
-
-
-
total
-
-
-
22 095
Employee
13 969
-
38 788
-
income
2 906
-
12 101
-
social contributions
1 537
-
4 267
-
surtax
-
-
-
-
total
4 443
-
16 368
-
Employer
13 969
-
38 788
-
social contributions
3 318
-
9 212
-
total
3 318
-
9 212
-
Corporate
30 714
48 000
-
-
income
6 450
10 080
-
-
surtax
-
-
-
-
total
6 450
10 080
-
-
Dividends
24 264
37 920
-
-
withholding
6 794
10 618
-
-
total
6 794
10 618
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 005
20 698
25 580
22 095
After tax
26 995
27 302
22 420
25 905
Living cost
9 527
9 527
9 527
9 527
Free-cash
17 468
17 775
12 893
16 378

Estimated living cost  is ₴9527 per week

₴7128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1678
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
₴42910
₴36134
₴45254
₴43334
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
2 832
-
48 000
-
income
566
-
9 600
-
total
566
-
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%.

45 168
48 000
-
-
total
-
-
-
-
Dividends
45 168
48 000
-
-
withholding
2 258
2 400
-
-
total
2 258
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
2 824
2 400
9 600
480
After tax
45 176
45 600
38 400
47 520
Living cost
2 266
2 266
2 266
2 266
Free-cash
42 910
43 334
36 134
45 254

Estimated living cost  is ₴2266 per week

₴1404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴22362
₴14306
₴15577
₴24902
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
unemployment
-
-
-
72
income
-
-
-
10 716
health
-
-
-
4 723
total
-
-
-
24 277
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 431
-
41 534
-
health
867
-
2 683
-
unemployment
19
-
58
-
pensions
2 082
-
6 438
-
income
2 316
-
9 903
-
total
5 284
-
19 082
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 431
-
41 534
-
health
895
-
2 766
-
pensions
1 188
-
3 675
-
unemployment
8
-
25
-
total
2 091
-
6 466
-
Corporate
32 478
48 000
-
-
income
6 171
9 120
-
-
total
6 171
9 120
-
-
Dividends
26 307
38 880
-
-
withholding
3 946
5 832
-
-
total
3 946
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 492
14 952
25 548
24 277
After tax
30 508
33 048
22 452
23 723
Living cost
8 146
8 146
8 146
8 146
Free-cash
22 362
24 902
14 306
15 577

Estimated living cost  is ₴8146 per week

₴5591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
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.
₴1876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴19631
₴23440
₴26391
₴18570
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
income
-
-
-
8 645
health

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

-
-
-
1 939
total
-
-
-
10 584
Employee
13 933
-
46 603
-
social contributions
1 396
-
1 397
-
income
1 512
-
10 741
-
total
2 908
-
12 138
-
Employer
13 933
-
46 603
-
social contributions
1 396
-
1 397
-
total
1 396
-
1 397
-
Corporate
32 671
48 000
-
-
income
11 435
16 800
-
-
total
11 435
16 800
-
-
Dividends
21 236
31 200
-
-
social contributions
1 605
1 605
-
-
total
1 605
1 605
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 344
18 405
13 535
10 584
After tax
30 656
29 595
34 465
37 416
Living cost
11 025
11 025
11 025
11 025
Free-cash
19 631
18 570
23 440
26 391

Estimated living cost  is ₴11025 per week

₴7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴23002
₴23558
₴24386
₴22844
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
income
-
-
-
7 200
health
-
-
-
3 350
social contributions
-
-
-
6 624
total
-
-
-
17 174
Employee
10 298
-
48 000
-
health
719
-
3 350
-
income
1 718
-
8 028
-
social contributions
1 421
-
6 624
-
total
3 858
-
18 002
-
Employer
10 298
-
48 000
-
total
-
-
-
-
Corporate
37 702
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%.

1 885
2 400
-
-
total
1 885
2 400
-
-
Dividends
35 817
45 600
-
-
social contributions
4 943
6 293
-
-
withholding
5 372
6 840
-
-
health
2 500
3 183
-
-
total
12 815
16 316
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 558
18 716
18 002
17 174
After tax
29 442
29 284
29 998
30 826
Living cost
6 440
6 440
6 440
6 440
Free-cash
23 002
22 844
23 558
24 386

Estimated living cost  is ₴6440 per week

₴4310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1584
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
₴21506
₴16254
₴18341
₴24541
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
income
-
-
-
4 738
health
-
-
-
6 480
social contributions
-
-
-
9 934
solidarity contribution
-
-
-
-
total
-
-
-
21 152
Employee
12 511
-
36 234
-
health
1 689
-
4 892
-
solidarity contribution
-
-
-
-
income
1 501
-
4 370
-
social contributions
813
-
2 211
-
total
4 003
-
11 473
-
Employer
12 511
-
36 234
-
health
1 126
-
3 261
-
social contributions
3 128
-
8 505
-
total
4 254
-
11 766
-
Corporate
31 236
48 000
-
-
income
5 935
9 120
-
-
total
5 935
9 120
-
-
Dividends
25 301
38 880
-
-
withholding
3 795
5 832
-
-
total
3 795
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 987
14 952
23 239
21 152
After tax
30 013
33 048
24 761
26 848
Living cost
8 507
8 507
8 507
8 507
Free-cash
21 506
24 541
16 254
18 341

Estimated living cost  is ₴8507 per week

₴6327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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
Tbilisi , Georgia
₴41407
₴34869
₴43989
₴42069
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
4 414
-
48 000
-
income
883
-
9 600
-
total
883
-
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%.

43 586
48 000
-
-
total
-
-
-
-
Dividends
43 586
48 000
-
-
withholding
2 179
2 400
-
-
total
2 179
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
3 062
2 400
9 600
480
After tax
44 938
45 600
38 400
47 520
Living cost
3 531
3 531
3 531
3 531
Free-cash
41 407
42 069
34 869
43 989

Estimated living cost  is ₴3531 per week

₴2389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴118
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.
₴875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴11610
₴12322
₴12469
₴9523
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
income
-
-
-
7 065
other
-
-
-
1 488
health
-
-
-
1 858
social contributions
-
-
-
1 368
pensions
-
-
-
9 083
surtax
-
-
-
-
total
-
-
-
20 862
Employee
19 022
-
37 501
-
pensions
2 152
-
2 461
-
income
1 660
-
6 980
-
social contributions
542
-
1 069
-
surtax
-
-
-
-
total
4 354
-
10 510
-
Employer
19 022
-
37 501
-
health
1 331
-
3 297
-
social contributions
57
-
112
-
pensions
3 126
-
4 170
-
unemployment
771
-
1 519
-
other
656
-
1 401
-
total
5 941
-
10 499
-
Corporate
23 036
48 000
-
-
income
6 450
13 440
-
-
surtax
-
-
-
-
total
6 450
13 440
-
-
Dividends
16 586
34 560
-
-
social contributions
2 853
5 944
-
-
surtax
-
-
-
-
withholding
2 123
4 424
-
-
total
4 976
10 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 721
23 808
21 009
20 862
After tax
26 279
24 192
26 991
27 138
Living cost
14 669
14 669
14 669
14 669
Free-cash
11 610
9 523
12 322
12 469

Estimated living cost  is ₴14669 per week

₴9928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1200
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.
₴3340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴27958
₴23575
₴23576
₴29446
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
-
-
-
5 815
unemployment
-
-
-
335
income
-
-
-
10 736
health
-
-
-
2 304
total
-
-
-
19 190
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 892
-
43 997
-
health
406
-
1 152
-
unemployment
59
-
168
-
pensions
1 105
-
3 131
-
income
1 088
-
10 736
-
total
2 658
-
15 187
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 892
-
43 997
-
health
406
-
1 152
-
pensions
947
-
2 684
-
unemployment
59
-
168
-
total
1 412
-
4 004
-
Corporate
38 695
48 000
-
-
income
5 804
7 200
-
-
total
5 804
7 200
-
-
Dividends
32 891
40 800
-
-
withholding
4 934
6 120
-
-
total
4 934
6 120
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 808
13 320
19 191
19 190
After tax
33 192
34 680
28 809
28 810
Living cost
5 234
5 234
5 234
5 234
Free-cash
27 958
29 446
23 575
23 576

Estimated living cost  is ₴5234 per week

₴3524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴10012
₴15775
₴17958
₴1084
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
-
-
-
4 416
city
-
-
-
506
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
health
-
-
-
108
regional
-
-
-
2 377
national
-
-
-
810
total
-
-
-
9 177
Employee
24 418
-
42 963
-
health
55
-
96
-
unemployment
-
-
-
-
city
262
-
461
-
pensions
2 051
-
3 609
-
regional
800
-
2 045
-
national
116
-
585
-
total
3 284
-
6 796
-
Employer
24 418
-
42 963
-
health
55
-
96
-
pensions
2 051
-
3 609
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

488
-
859
-
total
2 594
-
4 564
-
Corporate
20 719
48 000
-
-
regional
4 382
10 152
-
-
national
1 761
4 080
-
-
total
6 143
14 232
-
-
Dividends
14 576
33 768
-
-
withholding
5 102
11 819
-
-
total
5 102
11 819
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 123
26 051
11 360
9 177
After tax
30 877
21 949
36 640
38 823
Living cost
20 865
20 865
20 865
20 865
Free-cash
10 012
1 084
15 775
17 958

Estimated living cost  is ₴20865 per week

₴13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
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.
₴5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴19390
₴13869
₴20097
₴18758
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
-
-
-
8 530
health
-
-
-
613
national
-
-
-
7 099
total
-
-
-
16 242
Employee
15 979
-
40 380
-
health
119
-
495
-
unemployment
240
-
606
-
pensions
1 078
-
2 726
-
national
264
-
4 444
-
municipal
2 617
-
6 580
-
total
4 318
-
14 851
-
Employer
15 979
-
40 380
-
health
123
-
311
-
pensions
2 772
-
7 006
-
accident
16
-
40
-
unemployment
104
-
262
-
total
3 015
-
7 619
-
Corporate
29 006
48 000
-
-
income
5 801
9 600
-
-
total
5 801
9 600
-
-
Dividends

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

17 404
28 800
-
-
municipal
3 133
5 184
-
-
national
682
2 797
-
-
total
3 815
7 981
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 949
17 581
22 470
16 242
After tax
31 051
30 419
25 530
31 758
Living cost
11 661
11 661
11 661
11 661
Free-cash
19 390
18 758
13 869
20 097

Estimated living cost  is ₴11661 per week

₴7617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴11228
₴6132
₴9749
₴15782
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
communal

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

-
-
-
2 432
social contributions
-
-
-
7 463
national
-
-
-
17 282
total
-
-
-
27 177
Employee

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

21 725
-
37 178
-
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.

1 021
-
1 748
-
communal

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

1 133
-
1 939
-
unemployment

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

189
-
323
-
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.

1 629
-
2 788
-
national
6 679
-
13 173
-
total
10 651
-
19 971
-
Employer

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

21 725
-
37 178
-
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.

1 336
-
2 286
-
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.

1 925
-
3 294
-
surtax
2 463
-
4 216
-
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.

282
-
484
-
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.

317
-
543
-
total
6 323
-
10 823
-
Corporate
19 951
48 000
-
-
income
3 990
9 600
-
-
surtax
80
192
-
-
total
4 070
9 792
-
-
Dividends
15 881
38 208
-
-
withholding

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

4 654
11 352
-
-
total
4 654
11 352
-
-
Income
48 000
48 000
48 000
48 000
Total tax
25 698
21 144
30 794
27 177
After tax
22 302
26 856
17 206
20 823
Living cost
11 074
11 074
11 074
11 074
Free-cash
11 228
15 782
6 132
9 749

Estimated living cost  is ₴11074 per week

₴7133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
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.
₴2799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴12817
₴11840
₴12157
₴13111
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
-
-
-
29
municipal
-
-
-
11 834
other
-
-
-
3 335
health
-
-
-
1 791
national
-
-
-
2 597
accident
-
-
-
57
pensions
-
-
-
3 103
total
-
-
-
22 746
Employee
18 662
-
38 981
-
national
-
-
2 421
-
municipal
5 565
-
11 624
-
total
5 565
-
14 045
-
Employer
18 662
-
38 981
-
health
1 148
-
1 765
-
pensions
2 017
-
3 103
-
accident
37
-
57
-
unemployment
493
-
758
-
other
2 169
-
3 335
-
total
5 864
-
9 018
-
Corporate
23 474
48 000
-
-
income
5 164
10 560
-
-
total
5 164
10 560
-
-
Dividends
18 310
37 440
-
-
withholding
5 493
11 232
-
-
total
5 493
11 232
-
-
Income
48 000
48 000
48 000
48 000
Total tax
22 086
21 792
23 063
22 746
After tax
25 914
26 208
24 937
25 254
Living cost
13 097
13 097
13 097
13 097
Free-cash
12 817
13 111
11 840
12 157

Estimated living cost  is ₴13097 per week

₴8680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₴1891
₴29160
₴18734
₴14765
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
income
-
-
-
9 356
social contributions
-
-
-
5 472
total
-
-
-
14 828
Employee
20 701
-
-
-
income
4 566
-
-
-
social contributions
1 698
-
242
-
total
6 264
-
242
-
Employer
20 701
-
-
-
social contributions
29 189
-
4 160
-
total
29 189
-
4 160
-
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
35 453
18 797
4 402
14 828
After tax
12 547
29 203
43 598
33 172
Living cost
14 438
14 438
14 438
14 438
Free-cash
-1 891
14 765
29 160
18 734

Estimated living cost  is ₴14438 per week

₴9368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
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.
₴3528
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
₴23924
₴22797
₴23232
₴25184
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
income
-
-
-
8 779
health
-
-
-
1 224
social contributions
-
-
-
4 914
total
-
-
-
14 917
Employee
23 355
23 355
44 561
-
health
232
397
757
-
income
2 452
2 162
8 543
-
social contributions
1 135
1 938
2 614
-
total
3 819
4 497
11 914
-
Employer
23 355
23 355
44 561
-
health
253
432
824
-
social contributions
1 135
1 938
2 614
-
total
1 388
2 370
3 438
-
Corporate
32 941
22 275
-
-
income
4 118
2 784
-
-
total
4 118
2 784
-
-
Dividends
28 824
19 490
-
-
withholding
4 900
3 314
-
-
total
4 900
3 314
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 225
12 965
15 352
14 917
After tax
33 775
35 035
32 648
33 083
Living cost
9 851
9 851
9 851
9 851
Free-cash
23 924
25 184
22 797
23 232

Estimated living cost  is ₴9851 per week

₴6734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
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.
₴2182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴22652
₴16834
₴21200
₴20912
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
income
-
-
-
13 321
pensions
-
-
-
2 568
total
-
-
-
15 889
Employee
14 976
-
41 965
-
health
195
-
623
-
pensions
1 143
-
3 186
-
income
2 727
-
10 411
-
total
4 065
-
14 220
-
Employer
14 976
-
41 965
-
health
285
-
798
-
pensions
1 513
-
5 237
-
total
1 798
-
6 035
-
Corporate
31 226
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.

5 933
9 120
-
-
total
5 933
9 120
-
-
Dividends
25 293
38 880
-
-
withholding
2 641
7 057
-
-
total
2 641
7 057
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 437
16 177
20 255
15 889
After tax
33 563
31 823
27 745
32 111
Living cost
10 911
10 911
10 911
10 911
Free-cash
22 652
20 912
16 834
21 200

Estimated living cost  is ₴10911 per week

₴7485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴11803
₴8489
₴10594
₴13184
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
-
-
-
1 094
social contributions
-
-
-
12 346
national
-
-
-
11 546
total
-
-
-
25 307
Employee
25 593
-
48 000
-
social contributions
8 630
-
16 185
-
regional
386
-
969
-
national
4 325
-
9 972
-
municipal
153
-
286
-
total
13 494
-
27 412
-
Employer
25 593
-
48 000
-
total
-
-
-
-
Corporate
22 407
48 000
-
-
nationa
5 377
11 520
-
-
municipal
1 080
2 314
-
-
total
6 457
13 834
-
-
Dividends
15 949
34 167
-
-
withholding
4 147
8 883
-
-
total
4 147
8 883
-
-
Income
48 000
48 000
48 000
48 000
Total tax
24 098
22 717
27 412
25 307
After tax
23 902
25 283
20 588
22 693
Living cost
12 099
12 099
12 099
12 099
Free-cash
11 803
13 184
8 489
10 594

Estimated living cost  is ₴12099 per week

₴8499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴2883
₴19360
₴26274
-₴2668
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
-
-
-
1 240
income
-
-
-
13 095
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
15 170
Employee
10 314
-
42 947
-
health
1 181
-
4 917
-
pensions
1 161
-
2 274
-
income
1 415
-
9 841
-
total
3 757
-
17 032
-
Employer
10 314
-
42 947
-
pensions
1 677
-
3 283
-
accident
172
-
717
-
unemployment
253
-
1 052
-
total
2 102
-
5 052
-
Corporate
35 585
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.

32 026
43 200
-
-
total
32 026
43 200
-
-
Dividends
3 559
4 800
-
-
withholding
676
912
-
-
total
676
912
-
-
Income
48 000
48 000
48 000
48 000
Total tax
38 561
44 112
22 084
15 170
After tax
9 439
3 888
25 916
32 830
Living cost
6 556
6 556
6 556
6 556
Free-cash
2 883
-2 668
19 360
26 274

Estimated living cost  is ₴6556 per week

₴4805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴16959
₴19188
₴14326
₴12986
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
-
-
-
4 862
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.

-
-
-
14 228
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.

-
-
-
2 075
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.

-
-
-
783
total
-
-
-
21 948
Employee

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

15 112
-
48 000
-
health

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

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

2 075
-
2 075
-
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.

1 243
-
14 228
-
surtax

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

69
-
783
-
total
3 387
-
17 086
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 888
48 000
-
-
income
4 933
7 200
-
-
trade
4 719
6 888
-
-
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.

271
396
-
-
chamber of commerce
95
116
-
-
total
10 018
14 600
-
-
Dividends
22 870
33 400
-
-
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.

308
453
-
-
withholding
5 602
8 235
-
-
total
5 910
8 688
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 315
23 288
17 086
21 948
After tax
28 685
24 712
30 914
26 052
Living cost
11 726
11 726
11 726
11 726
Free-cash
16 959
12 986
19 188
14 326

Estimated living cost  is ₴11726 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴29589
₴22622
₴9772
₴32081
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
income
-
-
-
8 032
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 637
surtax
-
-
-
12 240
total
-
-
-
31 909
Employee
8 875
-
34 926
-
income
1 580
-
6 803
-
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.

976
-
3 842
-
surtax
-
-
-
-
total
2 556
-
10 645
-
Employer
8 875
-
34 926
-
social contributions

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

2 138
-
8 414
-
surtax
-
-
-
-
total
2 138
-
8 414
-
Corporate
36 987
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%.

7 398
9 600
-
-
total
7 398
9 600
-
-
Dividends

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

29 590
38 400
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
12 092
9 600
19 059
31 909
After tax
35 908
38 400
28 941
16 091
Living cost
6 319
6 319
6 319
6 319
Free-cash
29 589
32 081
22 622
9 772

Estimated living cost  is ₴6319 per week

₴4031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴25473
₴24820
₴25094
₴26105
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
income
-
-
-
14 219
health
-
-
-
2 034
pensions
-
-
-
2 806
total
-
-
-
19 059
Employee
5 859
-
44 843
-
health
293
-
702
-
unemployment
59
-
140
-
pensions
527
-
1 263
-
income
1 133
-
14 071
-
total
2 012
-
16 176
-
Employer
5 859
-
44 843
-
health
557
-
1 333
-
pensions
645
-
1 543
-
unemployment
117
-
281
-
total
1 319
-
3 157
-
Corporate
40 822
48 000
-
-
income
8 981
10 560
-
-
total
8 981
10 560
-
-
Dividends
31 841
37 440
-
-
withholding
6 368
7 488
-
-
total
6 368
7 488
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 680
18 048
19 333
19 059
After tax
29 320
29 952
28 667
28 941
Living cost
3 847
3 847
3 847
3 847
Free-cash
25 473
26 105
24 820
25 094

Estimated living cost  is ₴3847 per week

₴2286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
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.
₴1161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴22404
₴14195
₴15957
₴23370
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
-
-
-
8 107
unemployment
-
-
-
69
income
-
-
-
12 361
other
-
-
-
-
health
-
-
-
2 878
surtax
-
-
-
1 806
total
-
-
-
25 221
Employee
10 228
-
39 653
-
health
261
-
1 011
-
unemployment
712
-
2 760
-
pensions
682
-
2 645
-
income
1 715
-
10 692
-
other
-
-
-
-
surtax
36
-
1 528
-
total
3 406
-
18 636
-
Employer
10 228
-
39 653
-
health
465
-
1 804
-
pensions
1 364
-
5 286
-
unemployment
324
-
1 257
-
other
-
-
-
-
total
2 153
-
8 347
-
Corporate
35 619
48 000
-
-
income
9 261
12 480
-
-
total
9 261
12 480
-
-
Dividends
26 358
35 520
-
-
withholding
3 954
5 328
-
-
total
3 954
5 328
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 774
17 808
26 983
25 221
After tax
29 226
30 192
21 017
22 779
Living cost
6 822
6 822
6 822
6 822
Free-cash
22 404
23 370
14 195
15 957

Estimated living cost  is ₴6822 per week

₴4119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
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.
₴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
Graz , Austria
₴16802
₴2921
₴14991
₴16954
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
-
-
-
6 564
chamber of commerce
-
-
-
192
unemployment
-
-
-
1 863
income
-
-