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
₴ 49000
per

Your estimated
City
free-cash

Valencia , Spain
₴23006
₴17906
₴19184
₴24350
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
-
-
-
49 000
unemployment
-
-
-
197
income
-
-
-
12 989
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
21 449
Employee
11 251
-
40 009
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
11 945
-
other
11
-
28
-
total
2 883
-
13 736
-
Employer
11 251
-
40 009
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
34 162
49 000
-
-
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.

5 125
7 350
-
-
total
5 125
7 350
-
-
Dividends
29 038
41 650
-
-
withholding
6 032
8 933
-
-
total
6 032
8 933
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 627
16 283
22 727
21 449
After tax
31 373
32 717
26 273
27 551
Living cost
8 367
8 367
8 367
8 367
Free-cash
23 006
24 350
17 906
19 184

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴25838
₴19775
₴18425
₴27892
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
-
-
-
49 000
pensions

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

-
-
-
11 105
income
-
-
-
7 128
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
22 467
Employee
11 048
-
39 138
-
health
155
-
548
-
unemployment
110
-
391
-
pensions

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

773
-
2 739
-
income
1 902
-
7 577
-
total
2 940
-
11 255
-
Employer
11 048
-
39 138
-
health
155
-
548
-
pensions

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

1 878
-
6 653
-
accident
88
-
313
-
unemployment
110
-
391
-
other
553
-
1 957
-
total
2 784
-
9 862
-
Corporate
35 168
49 000
-
-
income
7 385
10 290
-
-
total
7 385
10 290
-
-
Dividends
27 783
38 710
-
-
withholding
1 945
2 710
-
-
total
1 945
2 710
-
-
Income
49 000
49 000
49 000
49 000
Total tax
15 054
13 000
21 117
22 467
After tax
33 946
36 000
27 883
26 533
Living cost
8 108
8 108
8 108
8 108
Free-cash
25 838
27 892
19 775
18 425

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴36495
₴36697
₴34827
₴37908
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
-
-
-
49 000
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
7 350
health
-
-
-
1 222
total
-
-
-
10 186
Employee
5 280
-
46 916
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
4 692
-
total
1 293
-
6 231
-
Employer
5 280
-
46 916
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
42 684
49 000
-
-
income
4 268
4 900
-
-
total
4 268
4 900
-
-
Dividends
38 416
44 100
-
-
withholding
1 921
2 205
-
-
total
1 921
2 205
-
-
Income
49 000
49 000
49 000
49 000
Total tax
8 518
7 105
8 316
10 186
After tax
40 482
41 895
40 684
38 814
Living cost
3 987
3 987
3 987
3 987
Free-cash
36 495
37 908
36 697
34 827

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴16084
₴17029
₴17277
₴14285
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
-
-
-
49 000
income
-
-
-
7 294
other
-
-
-
1 519
health
-
-
-
1 929
social contributions
-
-
-
1 396
pensions
-
-
-
9 175
surtax
-
-
-
-
total
-
-
-
21 313
Employee
13 022
-
38 226
-
pensions
1 472
-
2 533
-
income
769
-
7 165
-
social contributions
371
-
1 089
-
surtax
-
-
-
-
total
2 612
-
10 787
-
Employer
13 022
-
38 226
-
health
912
-
3 388
-
social contributions
39
-
115
-
pensions
2 139
-
4 286
-
unemployment
527
-
1 548
-
other
449
-
1 437
-
total
4 066
-
10 774
-
Corporate
31 911
49 000
-
-
income
8 935
13 720
-
-
surtax
-
-
-
-
total
8 935
13 720
-
-
Dividends
22 976
35 280
-
-
social contributions
3 952
6 069
-
-
surtax
-
-
-
-
withholding
2 941
4 516
-
-
total
6 893
10 585
-
-
Income
49 000
49 000
49 000
49 000
Total tax
22 506
24 305
21 561
21 313
After tax
26 494
24 695
27 439
27 687
Living cost
10 410
10 410
10 410
10 410
Free-cash
16 084
14 285
17 029
17 277

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴9582
₴17369
₴14626
₴11447
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
-
-
-
49 000
pensions
-
-
-
3 565
income
-
-
-
14 311
health
-
-
-
3 752
total
-
-
-
21 628
Employee
25 983
25 983
43 345
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
5 914
-
total
12 918
11 210
13 231
-
Employer
25 983
25 983
43 345
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
18 785
18 467
-
-
income
3 757
3 693
-
-
total
3 757
3 693
-
-
Dividends
15 028
14 773
-
-
income
3 194
3 139
-
-
withholding
2 254
2 216
-
-
total
5 448
5 355
-
-
Income
49 000
49 000
49 000
49 000
Total tax
26 672
24 807
18 885
21 628
After tax
22 328
24 193
30 115
27 372
Living cost
12 746
12 746
12 746
12 746
Free-cash
9 582
11 447
17 369
14 626

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴18872
₴22263
₴16774
₴15505
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.

-
-
-
49 000
trade
-
-
-
5 489
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.

-
-
-
14 637
health

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

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

-
-
-
2 079
surtax

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

-
-
-
805
total
-
-
-
23 010
Employee

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

11 638
-
49 000
-
health

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

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

2 079
-
2 079
-
income

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

325
-
14 637
-
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
-
805
-
total
2 422
-
17 521
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 362
49 000
-
-
income
5 604
7 350
-
-
trade
5 884
7 718
-
-
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
404
-
-
chamber of commerce
100
117
-
-
total
11 896
15 589
-
-
Dividends
25 465
33 412
-
-
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.

344
453
-
-
withholding
6 250
8 237
-
-
total
6 594
8 690
-
-
Income
49 000
49 000
49 000
49 000
Total tax
20 912
24 279
17 521
23 010
After tax
28 088
24 721
31 479
25 990
Living cost
9 216
9 216
9 216
9 216
Free-cash
18 872
15 505
22 263
16 774

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₴27059
₴26234
₴26676
₴28715
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
-
-
-
49 000
income
-
-
-
9 106
health
-
-
-
1 250
social contributions
-
-
-
4 923
total
-
-
-
15 279
Employee
23 397
23 397
45 538
-
health
181
398
774
-
income
2 548
2 166
8 867
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
12 260
-
Employer
23 397
23 397
45 538
-
health
197
433
842
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 461
-
Corporate
37 260
23 228
-
-
income
4 657
2 904
-
-
total
4 657
2 904
-
-
Dividends
32 603
20 324
-
-
withholding
5 543
3 455
-
-
total
5 543
3 455
-
-
Income
49 000
49 000
49 000
49 000
Total tax
14 896
13 240
15 721
15 279
After tax
34 104
35 760
33 279
33 721
Living cost
7 045
7 045
7 045
7 045
Free-cash
27 059
28 715
26 234
26 676

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴18021
₴13278
₴16869
₴18327
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.

-
-
-
49 000
income
-
-
-
5 560
social contributions

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

-
-
-
17 027
surtax
-
-
-
-
total
-
-
-
22 587
Employee
13 994
-
39 596
-
income
2 911
-
12 419
-
social contributions
1 539
-
4 355
-
surtax
-
-
-
-
total
4 450
-
16 774
-
Employer
13 994
-
39 596
-
social contributions
3 324
-
9 404
-
total
3 324
-
9 404
-
Corporate
31 682
49 000
-
-
income
6 653
10 290
-
-
surtax
-
-
-
-
total
6 653
10 290
-
-
Dividends
25 029
38 710
-
-
withholding
7 008
10 839
-
-
total
7 008
10 839
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 435
21 129
26 178
22 587
After tax
27 565
27 871
22 822
26 413
Living cost
9 544
9 544
9 544
9 544
Free-cash
18 021
18 327
13 278
16 869

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴43750
₴36842
₴46152
₴44192
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%.

-
-
-
49 000
microenterprise

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

-
-
-
490
total
-
-
-
490
Employee
2 948
-
49 000
-
income
589
-
9 800
-
total
589
-
9 800
-
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%.

46 052
49 000
-
-
total
-
-
-
-
Dividends
46 052
49 000
-
-
withholding
2 303
2 450
-
-
total
2 303
2 450
-
-
Income
49 000
49 000
49 000
49 000
Total tax
2 892
2 450
9 800
490
After tax
46 108
46 550
39 200
48 510
Living cost
2 358
2 358
2 358
2 358
Free-cash
43 750
44 192
36 842
46 152

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴23030
₴14707
₴16005
₴25575
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.

-
-
-
49 000
pensions
-
-
-
8 949
unemployment
-
-
-
73
income
-
-
-
10 991
health
-
-
-
4 821
total
-
-
-
24 834
Employee

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

13 455
-
42 398
-
health
869
-
2 739
-
unemployment
19
-
59
-
pensions
2 086
-
6 571
-
income
2 320
-
10 162
-
total
5 294
-
19 531
-
Employer

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

13 455
-
42 398
-
health
896
-
2 824
-
pensions
1 191
-
3 752
-
unemployment
8
-
25
-
total
2 095
-
6 601
-
Corporate
33 450
49 000
-
-
income
6 356
9 310
-
-
total
6 356
9 310
-
-
Dividends
27 095
39 690
-
-
withholding
4 064
5 954
-
-
total
4 064
5 954
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 809
15 264
26 132
24 834
After tax
31 191
33 736
22 868
24 166
Living cost
8 161
8 161
8 161
8 161
Free-cash
23 030
25 575
14 707
16 005

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴20261
₴24075
₴27370
₴19197
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.

-
-
-
49 000
income
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
47 600
-
social contributions
1 398
-
1 400
-
income
1 515
-
11 080
-
total
2 913
-
12 480
-
Employer
13 958
-
47 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
33 643
49 000
-
-
income
11 775
17 150
-
-
total
11 775
17 150
-
-
Dividends
21 868
31 850
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 694
18 758
13 880
10 585
After tax
31 306
30 242
35 120
38 415
Living cost
11 045
11 045
11 045
11 045
Free-cash
20 261
19 197
24 075
27 370

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴23600
₴24141
₴25016
₴23442
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
-
-
-
49 000
income
-
-
-
7 350
health
-
-
-
3 420
social contributions
-
-
-
6 762
total
-
-
-
17 532
Employee
10 317
-
49 000
-
health
720
-
3 420
-
income
1 721
-
8 225
-
social contributions
1 424
-
6 762
-
total
3 865
-
18 407
-
Employer
10 317
-
49 000
-
total
-
-
-
-
Corporate
38 683
49 000
-
-
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%.

1 934
2 450
-
-
total
1 934
2 450
-
-
Dividends
36 749
46 550
-
-
social contributions
5 071
6 424
-
-
withholding
5 513
6 983
-
-
health
2 565
3 249
-
-
total
13 149
16 656
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 948
19 106
18 407
17 532
After tax
30 052
29 894
30 593
31 468
Living cost
6 452
6 452
6 452
6 452
Free-cash
23 600
23 442
24 141
25 016

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴22182
₴16910
₴19056
₴25219
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
-
-
-
49 000
income
-
-
-
4 866
health
-
-
-
6 615
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
-
total
-
-
-
21 427
Employee
12 525
-
37 142
-
health
1 691
-
5 014
-
solidarity contribution
-
-
-
-
income
1 503
-
4 487
-
social contributions
814
-
2 214
-
total
4 008
-
11 715
-
Employer
12 525
-
37 142
-
health
1 127
-
3 343
-
social contributions
3 131
-
8 515
-
total
4 258
-
11 858
-
Corporate
32 216
49 000
-
-
income
6 121
9 310
-
-
total
6 121
9 310
-
-
Dividends
26 095
39 690
-
-
withholding
3 914
5 954
-
-
total
3 914
5 954
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 301
15 264
23 573
21 427
After tax
30 699
33 736
25 427
27 573
Living cost
8 517
8 517
8 517
8 517
Free-cash
22 182
25 219
16 910
19 056

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴42186
₴35525
₴44835
₴42875
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%.

-
-
-
49 000
microenterprise

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

-
-
-
490
total
-
-
-
490
Employee
4 594
-
49 000
-
income
919
-
9 800
-
total
919
-
9 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

44 406
49 000
-
-
total
-
-
-
-
Dividends
44 406
49 000
-
-
withholding
2 220
2 450
-
-
total
2 220
2 450
-
-
Income
49 000
49 000
49 000
49 000
Total tax
3 139
2 450
9 800
490
After tax
45 861
46 550
39 200
48 510
Living cost
3 675
3 675
3 675
3 675
Free-cash
42 186
42 875
35 525
44 835

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴12091
₴12743
₴12991
₴9999
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
-
-
-
49 000
income
-
-
-
7 294
other
-
-
-
1 519
health
-
-
-
1 929
social contributions
-
-
-
1 396
pensions
-
-
-
9 175
surtax
-
-
-
-
total
-
-
-
21 313
Employee
19 057
-
38 226
-
pensions
2 155
-
2 533
-
income
1 663
-
7 165
-
social contributions
543
-
1 089
-
surtax
-
-
-
-
total
4 361
-
10 787
-
Employer
19 057
-
38 226
-
health
1 334
-
3 388
-
social contributions
57
-
115
-
pensions
3 131
-
4 286
-
unemployment
772
-
1 548
-
other
658
-
1 437
-
total
5 952
-
10 774
-
Corporate
23 991
49 000
-
-
income
6 718
13 720
-
-
surtax
-
-
-
-
total
6 718
13 720
-
-
Dividends
17 273
35 280
-
-
social contributions
2 971
6 069
-
-
surtax
-
-
-
-
withholding
2 211
4 516
-
-
total
5 182
10 585
-
-
Income
49 000
49 000
49 000
49 000
Total tax
22 213
24 305
21 561
21 313
After tax
26 787
24 695
27 439
27 687
Living cost
14 696
14 696
14 696
14 696
Free-cash
12 091
9 999
12 743
12 991

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴28666
₴24296
₴24297
₴30157
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.

-
-
-
49 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
10 983
health
-
-
-
2 309
total
-
-
-
19 457
Employee

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

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

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

7 911
-
44 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
10 983
-
total
2 664
-
15 445
-
Employer

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

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

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

7 911
-
44 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
39 673
49 000
-
-
income
5 951
7 350
-
-
total
5 951
7 350
-
-
Dividends
33 722
41 650
-
-
withholding
5 058
6 247
-
-
total
5 058
6 247
-
-
Income
49 000
49 000
49 000
49 000
Total tax
15 088
13 597
19 458
19 457
After tax
33 912
35 403
29 542
29 543
Living cost
5 246
5 246
5 246
5 246
Free-cash
28 666
30 157
24 296
24 297

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴10568
₴16624
₴18843
₴1718
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
-
-
-
49 000
pensions
-
-
-
4 508
city
-
-
-
516
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.

-
-
-
980
health
-
-
-
110
regional
-
-
-
2 469
national
-
-
-
885
total
-
-
-
9 468
Employee
24 212
-
43 857
-
health
55
-
99
-
unemployment
-
-
-
-
city
260
-
471
-
pensions
2 034
-
3 684
-
regional
793
-
2 127
-
national
115
-
646
-
total
3 257
-
7 027
-
Employer
24 212
-
43 857
-
health
55
-
99
-
pensions
2 034
-
3 684
-
unemployment
-
-
-
-
other

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

484
-
877
-
total
2 573
-
4 660
-
Corporate
21 949
49 000
-
-
regional
4 642
10 363
-
-
national
1 866
4 165
-
-
total
6 508
14 528
-
-
Dividends
15 442
34 472
-
-
withholding
5 405
12 065
-
-
total
5 405
12 065
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 743
26 593
11 687
9 468
After tax
31 257
22 407
37 313
39 532
Living cost
20 689
20 689
20 689
20 689
Free-cash
10 568
1 718
16 624
18 843

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₴19964
₴14315
₴20590
₴19308
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

-
-
-
49 000
municipal
-
-
-
8 707
health
-
-
-
628
national
-
-
-
7 393
total
-
-
-
16 728
Employee
16 008
-
41 222
-
health
120
-
508
-
unemployment
240
-
618
-
pensions
1 080
-
2 783
-
national
264
-
4 599
-
municipal
2 622
-
6 716
-
total
4 326
-
15 224
-
Employer
16 008
-
41 222
-
health
123
-
318
-
pensions
2 777
-
7 152
-
accident
16
-
41
-
unemployment
104
-
268
-
total
3 020
-
7 779
-
Corporate
29 971
49 000
-
-
income
5 994
9 800
-
-
total
5 994
9 800
-
-
Dividends

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

17 983
29 400
-
-
municipal
3 237
5 292
-
-
national
777
2 918
-
-
total
4 014
8 210
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 354
18 010
23 003
16 728
After tax
31 646
30 990
25 997
32 272
Living cost
11 682
11 682
11 682
11 682
Free-cash
19 964
19 308
14 315
20 590

Estimated living cost  is ₴11682 per week

₴7630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴186
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₴11756
₴6415
₴10120
₴16320
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
-
-
-
49 000
communal

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

-
-
-
2 485
social contributions
-
-
-
7 586
national
-
-
-
17 715
total
-
-
-
27 786
Employee

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

21 765
-
37 952
-
health

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

1 023
-
1 784
-
communal

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

1 135
-
1 979
-
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
-
330
-
pensions

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

1 632
-
2 847
-
national
6 691
-
13 504
-
total
10 670
-
20 444
-
Employer

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

21 765
-
37 952
-
health

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

1 338
-
2 334
-
pensions

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

1 929
-
3 362
-
surtax
2 468
-
4 304
-
accident

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

283
-
493
-
unemployment

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

318
-
554
-
total
6 336
-
11 047
-
Corporate
20 900
49 000
-
-
income
4 180
9 800
-
-
surtax
84
196
-
-
total
4 264
9 996
-
-
Dividends
16 636
39 004
-
-
withholding

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

4 880
11 590
-
-
total
4 880
11 590
-
-
Income
49 000
49 000
49 000
49 000
Total tax
26 150
21 586
31 491
27 786
After tax
22 850
27 414
17 509
21 214
Living cost
11 094
11 094
11 094
11 094
Free-cash
11 756
16 320
6 415
10 120

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴13265
₴12219
₴12538
₴13560
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
-
-
-
49 000
unemployment
-
-
-
29
municipal
-
-
-
12 114
other
-
-
-
3 360
health
-
-
-
1 804
national
-
-
-
2 777
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
23 268
Employee
18 801
-
39 914
-
national
-
-
2 600
-
municipal
5 606
-
11 902
-
total
5 606
-
14 502
-
Employer
18 801
-
39 914
-
health
1 156
-
1 778
-
pensions
2 032
-
3 126
-
accident
38
-
58
-
unemployment
496
-
763
-
other
2 185
-
3 360
-
total
5 907
-
9 085
-
Corporate
24 292
49 000
-
-
income
5 344
10 780
-
-
total
5 344
10 780
-
-
Dividends
18 948
38 220
-
-
withholding
5 684
11 466
-
-
total
5 684
11 466
-
-
Income
49 000
49 000
49 000
49 000
Total tax
22 541
22 246
23 587
23 268
After tax
26 459
26 754
25 413
25 732
Living cost
13 194
13 194
13 194
13 194
Free-cash
13 265
13 560
12 219
12 538

Estimated living cost  is ₴13194 per week

₴8745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
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.
₴2955
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
-₴1732
₴29843
₴19182
₴15131
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
-
-
-
49 000
income
-
-
-
9 551
social contributions
-
-
-
5 586
total
-
-
-
15 137
Employee
21 051
-
-
-
income
4 643
-
-
-
social contributions
1 726
-
246
-
total
6 369
-
246
-
Employer
21 051
-
-
-
social contributions
29 682
-
4 230
-
total
29 682
-
4 230
-
Corporate
-
49 000
-
-
income
-
10 780
-
-
total
-
10 780
-
-
Dividends
-
38 220
-
-
income
-
8 408
-
-
total
-
8 408
-
-
Income
49 000
49 000
49 000
49 000
Total tax
36 051
19 188
4 476
15 137
After tax
12 949
29 812
44 524
33 863
Living cost
14 681
14 681
14 681
14 681
Free-cash
-1 732
15 131
29 843
19 182

Estimated living cost  is ₴14681 per week

₴9526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3588
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
₴24630
₴23410
₴23852
₴25891
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
-
-
-
49 000
income
-
-
-
9 106
health
-
-
-
1 250
social contributions
-
-
-
4 923
total
-
-
-
15 279
Employee
23 397
23 397
45 538
-
health
233
398
774
-
income
2 457
2 166
8 867
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
12 260
-
Employer
23 397
23 397
45 538
-
health
253
433
842
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 461
-
Corporate
33 914
23 228
-
-
income
4 239
2 904
-
-
total
4 239
2 904
-
-
Dividends
29 675
20 324
-
-
withholding
5 045
3 455
-
-
total
5 045
3 455
-
-
Income
49 000
49 000
49 000
49 000
Total tax
14 501
13 240
15 721
15 279
After tax
34 499
35 760
33 279
33 721
Living cost
9 869
9 869
9 869
9 869
Free-cash
24 630
25 891
23 410
23 852

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴23194
₴17329
₴21779
₴21453
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
-
-
-
49 000
income
-
-
-
13 707
pensions
-
-
-
2 590
total
-
-
-
16 297
Employee
14 994
-
42 830
-
health
196
-
632
-
pensions
1 144
-
3 206
-
income
2 731
-
10 740
-
total
4 071
-
14 578
-
Employer
14 994
-
42 830
-
health
285
-
813
-
pensions
1 515
-
5 356
-
total
1 800
-
6 169
-
Corporate
32 206
49 000
-
-
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.

6 119
9 310
-
-
total
6 119
9 310
-
-
Dividends
26 087
39 690
-
-
withholding
2 892
7 313
-
-
total
2 892
7 313
-
-
Income
49 000
49 000
49 000
49 000
Total tax
14 882
16 623
20 747
16 297
After tax
34 118
32 377
28 253
32 703
Living cost
10 924
10 924
10 924
10 924
Free-cash
23 194
21 453
17 329
21 779

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₴12304
₴8835
₴10985
₴13689
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
-
-
-
49 000
municipal
-
-
-
327
regional
-
-
-
1 118
social contributions
-
-
-
12 603
national
-
-
-
11 846
total
-
-
-
25 894
Employee
25 640
-
49 000
-
social contributions
8 646
-
16 523
-
regional
387
-
991
-
national
4 333
-
10 238
-
municipal
153
-
292
-
total
13 519
-
28 044
-
Employer
25 640
-
49 000
-
total
-
-
-
-
Corporate
23 360
49 000
-
-
nationa
5 607
11 760
-
-
municipal
1 126
2 362
-
-
total
6 733
14 122
-
-
Dividends
16 628
34 878
-
-
withholding
4 323
9 068
-
-
total
4 323
9 068
-
-
Income
49 000
49 000
49 000
49 000
Total tax
24 575
23 190
28 044
25 894
After tax
24 425
25 810
20 956
23 106
Living cost
12 121
12 121
12 121
12 121
Free-cash
12 304
13 689
8 835
10 985

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴2971
₴20010
₴27008
-₴2531
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
-
-
-
49 000
pensions
-
-
-
1 229
income
-
-
-
13 435
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
15 492
Employee
10 225
-
43 935
-
health
1 171
-
5 030
-
pensions
1 151
-
2 254
-
income
1 403
-
10 141
-
total
3 725
-
17 425
-
Employer
10 225
-
43 935
-
pensions
1 663
-
3 255
-
accident
171
-
734
-
unemployment
251
-
1 076
-
total
2 085
-
5 065
-
Corporate
36 691
49 000
-
-
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.

33 022
44 100
-
-
total
33 022
44 100
-
-
Dividends
3 669
4 900
-
-
withholding
697
931
-
-
total
697
931
-
-
Income
49 000
49 000
49 000
49 000
Total tax
39 529
45 031
22 490
15 492
After tax
9 471
3 969
26 510
33 508
Living cost
6 500
6 500
6 500
6 500
Free-cash
2 971
-2 531
20 010
27 008

Estimated living cost  is ₴6500 per week

₴4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴17458
₴19732
₴14730
₴13478
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.

-
-
-
49 000
trade
-
-
-
5 002
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.

-
-
-
14 637
health

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

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

-
-
-
2 079
surtax

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

-
-
-
805
total
-
-
-
22 523
Employee

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

15 139
-
49 000
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
14 637
-
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
-
805
-
total
3 393
-
17 521
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 861
49 000
-
-
income
5 079
7 350
-
-
trade
4 859
7 032
-
-
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.

279
404
-
-
chamber of commerce
96
118
-
-
total
10 313
14 904
-
-
Dividends
23 548
34 096
-
-
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
463
-
-
withholding
5 771
8 408
-
-
total
6 089
8 871
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 795
23 775
17 521
22 523
After tax
29 205
25 225
31 479
26 477
Living cost
11 747
11 747
11 747
11 747
Free-cash
17 458
13 478
19 732
14 730

Estimated living cost  is ₴11747 per week

₴8103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₴30373
₴23112
₴10184
₴32870
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.

-
-
-
49 000
income
-
-
-
8 333
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 658
surtax
-
-
-
12 495
total
-
-
-
32 486
Employee
8 891
-
35 824
-
income
1 583
-
6 987
-
social contributions

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

978
-
3 941
-
surtax
-
-
-
-
total
2 561
-
10 928
-
Employer
8 891
-
35 824
-
social contributions

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

2 142
-
8 630
-
surtax
-
-
-
-
total
2 142
-
8 630
-
Corporate
37 967
49 000
-
-
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%.

7 594
9 800
-
-
total
7 594
9 800
-
-
Dividends

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

30 374
39 200
-
-
total
-
-
-
-
Income
49 000
49 000
49 000
49 000
Total tax
12 297
9 800
19 558
32 486
After tax
36 703
39 200
29 442
16 514
Living cost
6 330
6 330
6 330
6 330
Free-cash
30 373
32 870
23 112
10 184

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴26171
₴25575
₴25846
₴26793
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
-
-
-
49 000
income
-
-
-
14 612
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
19 371
Employee
5 761
-
45 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
14 467
-
total
1 980
-
16 537
-
Employer
5 761
-
45 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
41 942
49 000
-
-
income
9 227
10 780
-
-
total
9 227
10 780
-
-
Dividends
32 715
38 220
-
-
withholding
6 543
7 644
-
-
total
6 543
7 644
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 046
18 424
19 642
19 371
After tax
29 954
30 576
29 358
29 629
Living cost
3 783
3 783
3 783
3 783
Free-cash
26 171
26 793
25 575
25 846

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴23019
₴14522
₴16414
₴23987
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
-
-
-
49 000
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
12 794
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
1 884
total
-
-
-
25 752
Employee
10 247
-
40 479
-
health
262
-
1 032
-
unemployment
713
-
2 817
-
pensions
684
-
2 700
-
income
1 718
-
10 996
-
other
-
-
-
-
surtax
36
-
1 578
-
total
3 413
-
19 123
-
Employer
10 247
-
40 479
-
health
466
-
1 842
-
pensions
1 366
-
5 396
-
unemployment
325
-
1 283
-
other
-
-
-
-
total
2 157
-
8 521
-
Corporate
36 596
49 000
-
-
income
9 515
12 740
-
-
total
9 515
12 740
-
-
Dividends
27 081
36 260
-
-
withholding
4 062
5 439
-
-
total
4 062
5 439
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 147
18 179
27 644
25 752
After tax
29 853
30 821
21 356
23 248
Living cost
6 834
6 834
6 834
6 834
Free-cash
23 019
23 987
14 522
16 414

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴17331
₴3207
₴15490
₴17481
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
-
-
-
49 000
pensions
-
-
-
6 576
chamber of commerce
-
-
-
196
unemployment
-
-
-
1 866
income
-
-