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

Dresden , Germany
₴11784
₴16522
₴15635
₴20216
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
-
-
-
4 581
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.

-
-
-
12 214
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.

-
-
-
2 926
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.

-
-
-
671
total
-
-
-
20 392
Employee

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

16 382
-
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.

2 926
-
2 926
-
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.

25
-
671
-
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.

458
-
12 214
-
total
3 409
-
15 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 618
49 000
-
-
surtax

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

269
404
-
-
income
4 892
7 350
-
-
trade
5 137
7 718
-
-
chamber of commerce
112
136
-
-
total
10 410
15 608
-
-
Dividends
22 207
33 392
-
-
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.

297
450
-
-
withholding
5 389
8 185
-
-
total
5 686
8 635
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 505
24 243
15 811
20 392
After tax
29 495
24 757
33 189
28 608
Living cost
12 973
12 973
12 973
12 973
Free-cash
16 522
11 784
20 216
15 635

Estimated living cost  is ₴12973 per week

₴8161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴3058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₴8933
₴8572
₴7738
₴8123
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
-
-
-
5 182
pensions
-
-
-
5 880
national
-
-
-
8 030
social contributions
-
-
-
527
total
-
-
-
19 619
Employee
33 550
-
42 360
-
municipal
4 144
-
5 372
-
pensions
1 342
-
1 694
-
national
6 422
-
8 324
-
total
11 908
-
15 390
-
Employer
33 550
-
42 360
-
social contributions
361
-
455
-
pensions
2 684
-
3 389
-
total
3 045
-
3 844
-
Corporate
10 191
49 000
-
-
income

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

2 038
9 800
-
-
total
2 038
9 800
-
-
Dividends
8 152
39 200
-
-
withholding
1 794
8 624
-
-
total
1 794
8 624
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 785
18 424
19 234
19 619
After tax
30 215
30 576
29 766
29 381
Living cost
21 643
21 643
21 643
21 643
Free-cash
8 572
8 933
8 123
7 738

Estimated living cost  is ₴21643 per week

₴14710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
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.
₴4597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₴30289
₴26775
₴17177
₴18637
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
microenterprise
-
-
-
-
income
-
-
-
7 159
surtax
-
-
-
-
social contributions

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

-
-
-
15 753
total
-
-
-
22 912
Employee
12 516
-
39 488
-
social contributions

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

1 377
-
4 344
-
surtax
-
-
-
-
income
2 228
-
7 596
-
total
3 605
-
11 940
-
Employer
12 516
-
39 488
-
social contributions

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

3 015
-
9 512
-
surtax
-
-
-
-
total
3 015
-
9 512
-
Corporate
33 470
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%.

6 694
9 800
-
-
total
6 694
9 800
-
-
Dividends

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

26 775
39 200
-
-
total
-
-
-
-
Income
49 000
49 000
49 000
49 000
Total tax
13 314
9 800
21 452
22 912
After tax
35 686
39 200
27 548
26 088
Living cost
8 911
8 911
8 911
8 911
Free-cash
26 775
30 289
18 637
17 177

Estimated living cost  is ₴8911 per week

₴5685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
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.
₴2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴5922
₴3298
₴10037
₴7683
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
-
-
-
10 720
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
21 020
Employee
36 577
36 577
41 699
-
health
5 614
4 775
5 067
-
income

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

5 987
5 987
5 987
-
pensions
6 584
5 018
5 018
-
total
18 185
15 780
16 072
-
Employer
36 577
36 577
41 699
-
unemployment
1 317
1 317
1 501
-
pensions
2 546
2 546
2 903
-
health
2 542
2 542
2 898
-
total
6 405
6 405
7 302
-
Corporate
6 467
6 018
-
-
income
1 293
1 204
-
-
total
1 293
1 204
-
-
Dividends
5 174
4 815
-
-
income
1 100
1 023
-
-
withholding
776
723
-
-
total
1 876
1 746
-
-
Income
49 000
49 000
49 000
49 000
Total tax
27 759
25 135
23 374
21 020
After tax
21 241
23 865
25 626
27 980
Living cost
17 943
17 943
17 943
17 943
Free-cash
3 298
5 922
7 683
10 037

Estimated living cost  is ₴17943 per week

₴12716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴10205
₴9834
₴9614
₴9168
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
-
-
-
11 479
accident
-
-
-
73
pensions
-
-
-
3 921
other
-
-
-
4 215
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
850
total
-
-
-
22 837
Employee
23 581
-
37 604
-
municipal
7 032
-
11 214
-
national
-
-
672
-
total
7 032
-
11 886
-
Employer
23 581
-
37 604
-
accident
47
-
73
-
other
2 740
-
4 215
-
unemployment
623
-
957
-
pensions
2 549
-
3 921
-
health
1 450
-
2 231
-
total
7 409
-
11 397
-
Corporate
18 010
49 000
-
-
income
3 962
10 780
-
-
total
3 962
10 780
-
-
Dividends
14 048
38 220
-
-
withholding
4 214
11 466
-
-
total
4 214
11 466
-
-
Income
49 000
49 000
49 000
49 000
Total tax
22 617
22 246
23 283
22 837
After tax
26 383
26 754
25 717
26 163
Living cost
16 549
16 549
16 549
16 549
Free-cash
9 834
10 205
9 168
9 614

Estimated living cost  is ₴16549 per week

₴10968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴7679
₴13697
₴11578
₴16363
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
-
-
-
4 785
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.

-
-
-
12 214
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.

-
-
-
2 926
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.

-
-
-
671
total
-
-
-
20 596
Employee

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

21 721
-
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.

2 926
-
2 926
-
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.

102
-
671
-
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.

1 866
-
12 214
-
total
4 894
-
15 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 279
49 000
-
-
surtax

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

225
404
-
-
income
4 092
7 350
-
-
trade
4 488
8 061
-
-
chamber of commerce
104
135
-
-
total
8 909
15 950
-
-
Dividends
18 371
33 050
-
-
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.

244
445
-
-
withholding
4 430
8 100
-
-
total
4 674
8 545
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 477
24 495
15 811
20 596
After tax
30 523
24 505
33 189
28 404
Living cost
16 826
16 826
16 826
16 826
Free-cash
13 697
7 679
16 363
11 578

Estimated living cost  is ₴16826 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₴21941
₴20163
₴20527
₴19984
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
-
-
-
6 402
health
-
-
-
1 249
social contributions
-
-
-
6 930
total
-
-
-
14 581
Employee
32 936
32 936
44 490
-
social contributions
1 600
2 733
3 687
-
health
328
560
757
-
income
3 459
3 049
6 170
-
total
5 387
6 342
10 614
-
Employer
32 936
32 936
44 490
-
social contributions
1 600
2 733
3 687
-
health
357
610
823
-
total
1 957
3 343
4 510
-
Corporate
27 764
12 721
-
-
income
3 471
1 590
-
-
total
3 471
1 590
-
-
Dividends
24 293
11 131
-
-
withholding
4 130
1 892
-
-
total
4 130
1 892
-
-
Income
49 000
49 000
49 000
49 000
Total tax
14 945
13 167
15 124
14 581
After tax
34 055
35 833
33 876
34 419
Living cost
13 892
13 892
13 892
13 892
Free-cash
20 163
21 941
19 984
20 527

Estimated living cost  is ₴13892 per week

₴9497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴19799
₴19961
₴26163
₴20624
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
-
-
-
5 990
pensions
-
-
-
4 900
unemployment
-
-
-
735
health
-
-
-
3 430
total
-
-
-
15 055
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

11 234
4 471
41 004
-
health
786
313
2 870
-
income
1 373
547
5 013
-
pensions
1 123
447
4 100
-
unemployment
169
67
615
-
total
3 451
1 374
12 598
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

11 234
4 471
41 004
-
pensions
2 191
872
7 996
-
total
2 191
872
7 996
-
Corporate
35 576
43 657
-
-
income
3 202
3 929
-
-
total
3 202
3 929
-
-
Dividends
32 374
39 728
-
-
social contributions
6 262
7 696
-
-
withholding
6 151
7 548
-
-
total
12 413
15 244
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 257
21 419
20 594
15 055
After tax
27 743
27 581
28 406
33 945
Living cost
7 782
7 782
7 782
7 782
Free-cash
19 961
19 799
20 624
26 163

Estimated living cost  is ₴7782 per week

₴5311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
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.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴28855
₴26194
₴15919
₴17898
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
-
-
-
6 566
pensions
-
-
-
9 800
health
-
-
-
6 370
total
-
-
-
22 736
Employee
12 151
-
36 622
-
income
1 368
-
7 061
-
pensions
243
-
732
-
unemployment
194
-
586
-
total
1 805
-
8 379
-
Employer
12 151
-
36 622
-
unemployment
98
-
293
-
pensions
2 430
-
7 324
-
health
1 579
-
4 761
-
total
4 107
-
12 378
-
Corporate
32 742
49 000
-
-
income
6 549
9 800
-
-
total
6 549
9 800
-
-
Dividends
26 193
39 200
-
-
total
-
-
-
-
Income
49 000
49 000
49 000
49 000
Total tax
12 461
9 800
20 757
22 736
After tax
36 539
39 200
28 243
26 264
Living cost
10 345
10 345
10 345
10 345
Free-cash
26 194
28 855
17 898
15 919

Estimated living cost  is ₴10345 per week

₴7096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₴5399
₴2532
₴24221
₴16333
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
accident
-
-
-
108
income
-
-
-
12 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
15 411
Employee
14 736
-
42 556
-
health
1 687
-
4 873
-
income
2 022
-
8 732
-
pensions
1 659
-
3 249
-
total
5 368
-
16 854
-
Employer
14 736
-
42 556
-
accident
246
-
711
-
unemployment
361
-
1 043
-
pensions
2 396
-
4 691
-
total
3 003
-
6 445
-
Corporate
31 261
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.

28 135
44 100
-
-
total
28 135
44 100
-
-
Dividends
3 126
4 900
-
-
withholding
594
931
-
-
total
594
931
-
-
Income
49 000
49 000
49 000
49 000
Total tax
37 100
45 031
23 299
15 411
After tax
11 900
3 969
25 701
33 589
Living cost
9 368
9 368
9 368
9 368
Free-cash
2 532
-5 399
16 333
24 221

Estimated living cost  is ₴9368 per week

₴6866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₴42696
₴41974
₴44656
₴35346
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
4 817
-
49 000
-
income
963
-
9 800
-
total
963
-
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%.

44 183
49 000
-
-
total
-
-
-
-
Dividends
44 183
49 000
-
-
withholding
2 209
2 450
-
-
total
2 209
2 450
-
-
Income
49 000
49 000
49 000
49 000
Total tax
3 172
2 450
9 800
490
After tax
45 828
46 550
39 200
48 510
Living cost
3 854
3 854
3 854
3 854
Free-cash
41 974
42 696
35 346
44 656

Estimated living cost  is ₴3854 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
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.
₴1039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴24587
₴21696
₴14966
₴16992
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
-
-
-
6 377
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.

-
-
-
11 760
other
-
-
-
2 328
health
-
-
-
2 156
total
-
-
-
22 621
Employee
15 552
-
39 137
-
health
218
-
548
-
income
2 677
-
7 052
-
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.

1 088
-
2 740
-
unemployment
155
-
392
-
total
4 138
-
10 732
-
Employer
15 552
-
39 137
-
accident
124
-
313
-
other
778
-
1 956
-
unemployment
155
-
392
-
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.

2 644
-
6 654
-
health
218
-
548
-
total
3 919
-
9 863
-
Corporate
29 529
49 000
-
-
income
6 201
10 290
-
-
total
6 201
10 290
-
-
Dividends
23 328
38 710
-
-
withholding
1 633
2 710
-
-
total
1 633
2 710
-
-
Income
49 000
49 000
49 000
49 000
Total tax
15 891
13 000
20 595
22 621
After tax
33 109
36 000
28 405
26 379
Living cost
11 413
11 413
11 413
11 413
Free-cash
21 696
24 587
16 992
14 966

Estimated living cost  is ₴11413 per week

₴8064
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.
₴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.
₴2395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴6211
₴2067
₴5756
₴1230
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
-
-
-
11 167
pensions
-
-
-
3 333
total
-
-
-
14 500
Employee
40 669
-
43 052
-
health
670
-
719
-
income
7 331
-
8 150
-
pensions
3 923
-
4 209
-
total
11 924
-
13 078
-
Employer
40 669
-
43 052
-
pensions
4 802
-
5 130
-
health
772
-
818
-
total
5 574
-
5 948
-
Corporate
2 757
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.

523
9 310
-
-
total
523
9 310
-
-
Dividends
2 233
39 690
-
-
withholding
168
4 735
-
-
total
168
4 735
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 189
14 045
19 026
14 500
After tax
30 811
34 955
29 974
34 500
Living cost
28 744
28 744
28 744
28 744
Free-cash
2 067
6 211
1 230
5 756

Estimated living cost  is ₴28744 per week

₴21539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
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.
₴3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₴36276
₴34286
₴32033
₴33669
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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
11 348
Employee
7 440
-
46 063
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
4 606
-
pensions

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

653
-
1 314
-
total
1 821
-
6 774
-
Employer
7 440
-
46 063
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
40 100
49 000
-
-
income
4 010
4 900
-
-
total
4 010
4 900
-
-
Dividends
36 090
44 100
-
-
withholding
1 804
2 205
-
-
total
1 804
2 205
-
-
Income
49 000
49 000
49 000
49 000
Total tax
9 095
7 105
9 712
11 348
After tax
39 905
41 895
39 288
37 652
Living cost
5 619
5 619
5 619
5 619
Free-cash
34 286
36 276
33 669
32 033

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
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.
₴1788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴114
₴1193
₴4229
₴1875
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
-
-
-
10 720
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
21 020
Employee
39 710
36 577
41 699
-
health
4 954
4 775
5 067
-
income

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

5 987
5 987
5 987
-
pensions
5 018
5 018
5 018
-
total
15 959
15 780
16 072
-
Employer
39 710
36 577
41 699
-
unemployment
1 430
1 317
1 501
-
pensions
2 764
2 546
2 903
-
health
2 759
2 542
2 898
-
total
6 953
6 405
7 302
-
Corporate
2 337
6 018
-
-
income
467
1 204
-
-
total
467
1 204
-
-
Dividends
1 869
4 815
-
-
income
397
1 023
-
-
withholding
280
723
-
-
total
677
1 746
-
-
Income
49 000
49 000
49 000
49 000
Total tax
24 056
25 135
23 374
21 020
After tax
24 944
23 865
25 626
27 980
Living cost
23 751
23 751
23 751
23 751
Free-cash
1 193
114
1 875
4 229

Estimated living cost  is ₴23751 per week

₴17520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
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.
₴3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴23478
₴19817
₴13606
₴14606
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
-
-
-
4 212
health
-
-
-
6 615
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 308
total
-
-
-
25 135
Employee
15 086
-
36 567
-
social contributions
981
-
2 377
-
health
2 037
-
4 937
-
solidarity contribution
-
-
-
-
income
1 810
-
4 388
-
total
4 828
-
11 702
-
Employer
15 086
-
36 567
-
social contributions
3 772
-
9 142
-
health
1 358
-
3 291
-
total
5 130
-
12 433
-
Corporate
28 784
49 000
-
-
income
5 469
9 310
-
-
total
5 469
9 310
-
-
Dividends
23 315
39 690
-
-
withholding
3 497
5 953
-
-
total
3 497
5 953
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 924
15 263
24 135
25 135
After tax
30 076
33 737
24 865
23 865
Living cost
10 259
10 259
10 259
10 259
Free-cash
19 817
23 478
14 606
13 606

Estimated living cost  is ₴10259 per week

₴7126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
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.
₴2201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴8070
₴5833
₴6641
₴4310
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
-
-
-
291
regional
-
-
-
552
national
-
-
-
10 840
social contributions
-
-
-
12 603
total
-
-
-
24 286
Employee
38 066
-
49 000
-
social contributions
12 836
-
16 523
-
regional
359
-
484
-
municipal
202
-
260
-
national
6 596
-
9 350
-
total
19 993
-
26 617
-
Employer
38 066
-
49 000
-
total
-
-
-
-
Corporate
10 934
49 000
-
-
nationa
2 624
11 760
-
-
municipal
427
1 911
-
-
total
3 051
13 671
-
-
Dividends
7 883
35 329
-
-
withholding
2 050
9 186
-
-
total
2 050
9 186
-
-
Income
49 000
49 000
49 000
49 000
Total tax
25 094
22 857
26 617
24 286
After tax
23 906
26 143
22 383
24 714
Living cost
18 073
18 073
18 073
18 073
Free-cash
5 833
8 070
4 310
6 641

Estimated living cost  is ₴18073 per week

₴12599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
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.
₴4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴21369
₴20036
₴14845
₴14043
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
-
-
-
10 015
pensions
-
-
-
9 800
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
3 479
surtax
-
-
-
1 311
total
-
-
-
24 703
Employee
14 164
-
40 478
-
other
-
-
-
-
health
362
-
1 032
-
surtax
46
-
1 184
-
income
2 374
-
9 253
-
pensions
944
-
2 700
-
unemployment
986
-
2 817
-
total
4 712
-
16 986
-
Employer
14 164
-
40 478
-
other
-
-
-
-
unemployment
449
-
1 283
-
pensions
1 888
-
5 395
-
health
645
-
1 841
-
total
2 982
-
8 519
-
Corporate
31 854
49 000
-
-
income
8 282
12 740
-
-
total
8 282
12 740
-
-
Dividends
23 573
36 260
-
-
withholding
3 536
5 439
-
-
total
3 536
5 439
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 512
18 179
25 505
24 703
After tax
29 488
30 821
23 495
24 297
Living cost
9 452
9 452
9 452
9 452
Free-cash
20 036
21 369
14 043
14 845

Estimated living cost  is ₴9452 per week

₴5779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴15318
₴13694
₴14863
₴10337
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
-
-
-
11 167
pensions
-
-
-
3 333
total
-
-
-
14 500
Employee
27 255
-
43 052
-
health
396
-
719
-
income
4 909
-
8 150
-
pensions
2 313
-
4 209
-
total
7 618
-
13 078
-
Employer
27 255
-
43 052
-
pensions
2 950
-
5 130
-
health
518
-
818
-
total
3 468
-
5 948
-
Corporate
18 277
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.

3 473
9 310
-
-
total
3 473
9 310
-
-
Dividends
14 804
39 690
-
-
withholding
1 110
4 735
-
-
total
1 110
4 735
-
-
Income
49 000
49 000
49 000
49 000
Total tax
15 669
14 045
19 026
14 500
After tax
33 331
34 955
29 974
34 500
Living cost
19 637
19 637
19 637
19 637
Free-cash
13 694
15 318
10 337
14 863

Estimated living cost  is ₴19637 per week

₴14712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴3248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₴9966
₴3884
₴8232
₴5802
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
city
-
-
-
516
pensions
-
-
-
4 508
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
regional
-
-
-
1 863
health
-
-
-
111
national
-
-
-
418
total
-
-
-
8 396
Employee
37 884
-
43 858
-
city
407
-
471
-
regional
1 241
-
1 596
-
health
86
-
99
-
pensions
3 183
-
3 683
-
unemployment
-
-
-
-
national
179
-
318
-
total
5 096
-
6 167
-
Employer
37 884
-
43 858
-
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.

757
-
877
-
unemployment
-
-
-
-
pensions
3 183
-
3 683
-
health
86
-
99
-
total
4 026
-
4 659
-
Corporate
6 674
49 000
-
-
regional
1 412
10 364
-
-
national
567
4 165
-
-
total
1 979
14 529
-
-
Dividends
4 695
34 472
-
-
withholding
1 643
12 065
-
-
total
1 643
12 065
-
-
Income
49 000
49 000
49 000
49 000
Total tax
12 744
26 594
10 826
8 396
After tax
36 256
22 406
38 174
40 604
Living cost
32 372
32 372
32 372
32 372
Free-cash
3 884
-9 966
5 802
8 232

Estimated living cost  is ₴32372 per week

₴21051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
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.
₴8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₴4632
₴11577
₴8580
₴13568
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
-
-
-
4 988
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.

-
-
-
12 214
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.

-
-
-
2 926
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.

-
-
-
671
total
-
-
-
20 799
Employee

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

25 741
-
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.

2 926
-
2 926
-
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.

167
-
671
-
income

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

3 027
-
12 214
-
total
6 120
-
15 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 259
49 000
-
-
surtax

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

192
404
-
-
income
3 489
7 350
-
-
trade
3 989
8 404
-
-
chamber of commerce
98
134
-
-
total
7 768
16 292
-
-
Dividends
15 492
32 708
-
-
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.

204
441
-
-
withholding
3 710
8 014
-
-
total
3 914
8 455
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 802
24 747
15 811
20 799
After tax
31 198
24 253
33 189
28 201
Living cost
19 621
19 621
19 621
19 621
Free-cash
11 577
4 632
13 568
8 580

Estimated living cost  is ₴19621 per week

₴14331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₴10042
₴12573
₴13388
₴15203
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
-
-
-
5 539
pensions
-
-
-
11 258
other
-
-
-
1 519
health
-
-
-
1 246
surtax
-
-
-
-
social contributions
-
-
-
1 396
total
-
-
-
20 958
Employee
18 331
-
39 378
-
social contributions
523
-
1 122
-
surtax
-
-
-
-
income
1 082
-
6 297
-
pensions
2 073
-
2 105
-
total
3 678
-
9 524
-
Employer
18 331
-
39 378
-
other
632
-
1 358
-
social contributions
55
-
118
-
unemployment
742
-
1 595
-
pensions
3 011
-
3 655
-
health
1 283
-
2 893
-
total
5 723
-
9 619
-
Corporate
24 944
49 000
-
-
surtax
-
-
-
-
income
6 984
13 720
-
-
total
6 984
13 720
-
-
Dividends
17 960
35 280
-
-
surtax
-
-
-
-
social contributions
3 089
6 068
-
-
withholding
2 299
4 516
-
-
total
5 388
10 584
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 773
24 304
19 143
20 958
After tax
27 227
24 696
29 857
28 042
Living cost
14 654
14 654
14 654
14 654
Free-cash
12 573
10 042
15 203
13 388

Estimated living cost  is ₴14654 per week

₴9240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴11494
₴13873
₴14840
₴16655
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
-
-
-
5 539
pensions
-
-
-
11 258
other
-
-
-
1 519
health
-
-
-
1 246
surtax
-
-
-
-
social contributions
-
-
-
1 396
total
-
-
-
20 958
Employee
16 363
-
39 378
-
social contributions
467
-
1 122
-
surtax
-
-
-
-
income
844
-
6 297
-
pensions
1 851
-
2 105
-
total
3 162
-
9 524
-
Employer
16 363
-
39 378
-
other
565
-
1 358
-
social contributions
49
-
118
-
unemployment
662
-
1 595
-
pensions
2 689
-
3 655
-
health
1 145
-
2 893
-
total
5 110
-
9 619
-
Corporate
27 527
49 000
-
-
surtax
-
-
-
-
income
7 707
13 720
-
-
total
7 707
13 720
-
-
Dividends
19 819
35 280
-
-
surtax
-
-
-
-
social contributions
3 409
6 068
-
-
withholding
2 537
4 516
-
-
total
5 946
10 584
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 925
24 304
19 143
20 958
After tax
27 075
24 696
29 857
28 042
Living cost
13 202
13 202
13 202
13 202
Free-cash
13 873
11 494
16 655
14 840

Estimated living cost  is ₴13202 per week

₴7657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴20812
₴21035
₴22386
₴22152
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
14 522
-
49 000
-
social contributions
2 004
-
6 762
-
health
1 014
-
3 420
-
income
2 422
-
7 584
-
total
5 440
-
17 766
-
Employer
14 522
-
49 000
-
total
-
-
-
-
Corporate
34 478
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%.

1 724
2 450
-
-
total
1 724
2 450
-
-
Dividends
32 754
46 550
-
-
health
2 286
3 249
-
-
social contributions
4 520
6 424
-
-
withholding
4 913
6 983
-
-
total
11 719
16 656
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 883
19 106
17 766
17 532
After tax
30 117
29 894
31 234
31 468
Living cost
9 082
9 082
9 082
9 082
Free-cash
21 035
20 812
22 152
22 386

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴12272
₴11609
₴9212
-₴1021
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
chamber of commerce
-
-
-
196
income
-
-
-
8 974
pensions
-
-
-
9 065
unemployment
-
-
-
2 627
health
-
-
-
3 749
surtax
-
-
-
85
total
-
-
-
24 696
Employee
21 405
17 069
37 983
-
other
214
171
380
-
health
828
661
1 470
-
income
2 437
1 259
7 944
-
pensions
2 192
1 748
3 889
-
unemployment
642
512
1 140
-
total
6 313
4 351
14 823
-
Employer
21 405
17 069
37 983
-
accident
278
222
493
-
other
1 017
810
1 804
-
chamber of commerce
85
68
152
-
unemployment
642
512
1 140
-
surtax
85
85
85
-
pensions
2 686
2 143
4 767
-
payroll
642
512
1 140
-
health
809
645
1 435
-
total
6 244
4 997
11 016
-
Corporate
21 351
26 934
36 359
-
income

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

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

5 338
6 733
9 090
-
total
5 338
6 733
9 090
-
Dividends
16 013
20 200
-
-
withholding
4 404
5 555
-
-
total
4 404
5 555
-
-
Income
49 000
49 000
49 000
49 000
Total tax
22 299
21 636
34 929
24 696
After tax
26 701
27 364
14 071
24 304
Living cost
15 092
15 092
15 092
15 092
Free-cash
11 609
12 272
-1 021
9 212

Estimated living cost  is ₴15092 per week

₴10066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
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.
₴3491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₴11842
₴5419
₴6687
₴3113
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
national
-
-
-
16 350
communal

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

-
-
-
2 467
social contributions
-
-
-
7 879
total
-
-
-
26 696
Employee

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

30 638
-
37 951
-
communal

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

1 598
-
1 979
-
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.

1 439
-
1 784
-
pensions

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

2 298
-
2 846
-
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.

267
-
330
-
national
9 419
-
12 284
-
total
15 021
-
19 223
-
Employer

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

30 638
-
37 951
-
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.

398
-
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.

447
-
554
-
surtax
3 474
-
4 303
-
pensions

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

2 715
-
3 363
-
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.

1 884
-
2 334
-
total
8 918
-
11 047
-
Corporate
9 444
49 000
-
-
surtax
37
196
-
-
income
1 889
9 800
-
-
total
1 926
9 996
-
-
Dividends
7 518
39 004
-
-
withholding

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

2 099
11 545
-
-
total
2 099
11 545
-
-
Income
49 000
49 000
49 000
49 000
Total tax
27 964
21 541
30 270
26 696
After tax
21 036
27 459
18 730
22 304
Living cost
15 617
15 617
15 617
15 617
Free-cash
5 419
11 842
3 113
6 687

Estimated living cost  is ₴15617 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴17513
₴14120
₴11391
₴9947
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
accident
-
-
-
358
income
-
-
-
10 230
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
22 141
Employee
21 321
-
37 156
-
other
21
-
37
-
income
4 499
-
9 381
-
pensions
1 002
-
1 746
-
unemployment
331
-
576
-
total
5 853
-
11 740
-
Employer
21 321
-
37 156
-
accident
422
-
736
-
other
170
-
297
-
unemployment
1 173
-
2 043
-
pensions
5 031
-
8 769
-
total
6 796
-
11 845
-
Corporate
20 883
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.

3 133
7 350
-
-
total
3 133
7 350
-
-
Dividends
17 751
41 650
-
-
withholding
3 630
8 669
-
-
total
3 630
8 669
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 412
16 019
23 585
22 141
After tax
29 588
32 981
25 415
26 859
Living cost
15 468
15 468
15 468
15 468
Free-cash
14 120
17 513
9 947
11 391

Estimated living cost  is ₴15468 per week

₴11391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴6480
₴3264
₴3863
₴5863
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
accident
-
-
-
413
income
-
-
-
5 133
pensions
-
-
-
7 345
health
-
-
-
3 443
surtax
-
-
-
2 429
communal
-
-
-
3 097
total
-
-
-
21 860
Employee
32 436
-
43 769
-
health
1 444
-
1 948
-
surtax
1 988
-
2 682
-
income
3 133
-
6 497
-
pensions
2 594
-
3 502
-
total
9 159
-
14 629
-
Employer
32 436
-
43 769
-
accident
292
-
394
-
pensions
2 594
-
3 502
-
health
989
-
1 335
-
total
3 875
-
5 231
-
Corporate
12 688
49 000
-
-
surtax
133
515
-
-
communal
-
3 307
-
-
income
1 904
7 350
-
-
total
2 037
11 172
-
-
Dividends
10 651
37 828
-
-
income
5 790
2 397
-
-
withholding
1 598
5 674
-
-
total
7 388
8 071
-
-
Income
49 000
49 000
49 000
49 000
Total tax
22 459
19 243
19 860
21 860
After tax
26 541
29 757
29 140
27 140
Living cost
23 277
23 277
23 277
23 277
Free-cash
3 264
6 480
5 863
3 863

Estimated living cost  is ₴23277 per week

₴17461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴21201
₴19839
₴14677
₴13875
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
-
-
-
10 015
pensions
-
-
-
9 800
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
3 479
surtax
-
-
-
1 311
total
-
-
-
24 703
Employee
14 424
-
40 478
-
other
-
-
-
-
health
368
-
1 032
-
surtax
51
-
1 184
-
income
2 418
-
9 253
-
pensions
962
-
2 700
-
unemployment
1 004
-
2 817
-
total
4 803
-
16 986
-
Employer
14 424
-
40 478
-
other
-
-
-
-
unemployment
458
-
1 283
-
pensions
1 923
-
5 395
-
health
656
-
1 841
-
total
3 037
-
8 519
-
Corporate
31 539
49 000
-
-
income
8 200
12 740
-
-
total
8 200
12 740
-
-
Dividends
23 339
36 260
-
-
withholding
3 501
5 439
-
-
total
3 501
5 439
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 541
18 179
25 505
24 703
After tax
29 459
30 821
23 495
24 297
Living cost
9 620
9 620
9 620
9 620
Free-cash
19 839
21 201
13 875
14 677

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴14218
₴13267
₴12989
₴10669
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
-
-
-
291
regional
-
-
-
739
national
-
-
-
10 840
social contributions
-
-
-
12 603
total
-
-
-
24 473
Employee
23 759
-
49 000
-
social contributions
8 012
-
16 523
-
regional
320
-
660
-
municipal
126
-
260
-
national
3 764
-
9 350
-
total
12 222
-
26 793
-
Employer
23 759
-
49 000
-
total
-
-
-
-
Corporate
25 241
49 000
-
-
nationa
6 058
11 760
-
-
municipal
1 254
2 435
-
-
total
7 312
14 195
-
-
Dividends
17 929
34 805
-
-
withholding
4 661
9 049
-
-
total
4 661
9 049
-
-
Income
49 000
49 000
49 000
49 000
Total tax
24 195
23 244
26 793
24 473
After tax
24 805
25 756
22 207
24 527
Living cost
11 538
11 538
11 538
11 538
Free-cash
13 267
14 218
10 669
12 989

Estimated living cost  is ₴11538 per week

₴7176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴21096
₴16585
₴11224
₴12224
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
-
-
-
4 212
health
-
-
-
6 615
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 308
total
-
-
-
25 135
Employee
18 590
-
36 567
-
social contributions
1 208
-
2 377
-
health
2 510
-
4 937
-
solidarity contribution
-
-
-
-
income
2 231
-
4 388
-
total
5 949
-
11 702
-
Employer
18 590
-
36 567
-
social contributions
4 648
-
9 142
-
health
1 673
-
3 291
-
total
6 321
-
12 433
-
Corporate
24 089
49 000
-
-
income
4 577
9 310
-
-
total
4 577
9 310
-
-
Dividends
19 512
39 690
-
-
withholding
2 927
5 953
-
-
total
2 927
5 953
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 774
15 263
24 135
25 135
After tax
29 226
33 737
24 865
23 865
Living cost
12 641
12 641
12 641
12 641
Free-cash
16 585
21 096
12 224
11 224

Estimated living cost  is ₴12641 per week

₴9401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴13745
₴13532
₴10724
₴423
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
chamber of commerce
-
-
-
196
income
-
-
-
8 974
pensions
-
-
-
9 065
unemployment
-
-
-
2 627
health
-
-
-
3 749
surtax
-
-
-
-
total
-
-
-
24 611
Employee
18 723
17 069
38 049
-
other
187
171
380
-
health
724
661
1 473
-
income
1 668
1 259
7 966
-
pensions
1 917
1 748
3 896
-
unemployment
562
512
1 141
-
total
5 058
4 351
14 856
-
Employer
18 723
17 069
38 049
-
accident
243
222
495
-
other
889
810
1 808
-
chamber of commerce
75
68
152
-
unemployment
562
512
1 141
-
surtax
-
-
-
-
pensions
2 350
2 143
4 775
-
payroll
562
512
1 141
-
health
708
645
1 438
-
total
5 389
4 912
10 950
-
Corporate
24 889
27 018
36 424
-
income

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

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

6 222
6 754
9 106
-
total
6 222
6 754
9 106
-
Dividends
18 667
20 264
-
-
withholding
5 134
5 573
-
-
total
5 134
5 573
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 803
21 590
34 912
24 611
After tax
27 197
27 410
14 088
24 389
Living cost
13 665
13 665
13 665
13 665
Free-cash
13 532
13 745
423
10 724

Estimated living cost  is ₴13665 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₴40545
₴39419
₴42505
₴33195
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
7 506
-
49 000
-
income
1 501
-
9 800
-
total
1 501
-
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%.

41 494
49 000
-
-
total
-
-
-
-
Dividends
41 494
49 000
-
-
withholding
2 075
2 450
-
-
total
2 075
2 450
-
-
Income
49 000
49 000
49 000
49 000
Total tax
3 576
2 450
9 800
490
After tax
45 424
46 550
39 200
48 510
Living cost
6 005
6 005
6 005
6 005
Free-cash
39 419
40 545
33 195
42 505

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
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.
₴1488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴22248
₴18667
₴13594
₴12189
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
income
-
-
-
10 075
pensions
-
-
-
8 948
unemployment
-
-
-
73
health
-
-
-
4 822
total
-
-
-
23 918
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.

18 940
-
42 399
-
health
1 223
-
2 739
-
income
3 266
-
9 352
-
pensions
2 936
-
6 572
-
unemployment
27
-
59
-
total
7 452
-
18 722
-
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.

18 940
-
42 399
-
unemployment
11
-
25
-
pensions
1 676
-
3 752
-
health
1 261
-
2 824
-
total
2 948
-
6 601
-
Corporate
27 111
49 000
-
-
income
5 151
9 310
-
-
total
5 151
9 310
-
-
Dividends
21 960
39 690
-
-
withholding
3 294
5 954
-
-
total
3 294
5 954
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 845
15 264
25 323
23 918
After tax
30 155
33 736
23 677
25 082
Living cost
11 488
11 488
11 488
11 488
Free-cash
18 667
22 248
12 189
13 594

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴2646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴11314
-₴14922
₴15365
₴24862
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
26 523
-
-
-
social contributions
2 175
-
310
-
income
5 851
-
-
-
total
8 026
-
310
-
Employer
26 523
-
-
-
social contributions
37 398
-
5 330
-
total
37 398
-
5 330
-
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
45 424
19 188
5 640
15 137
After tax
3 576
29 812
43 360
33 863
Living cost
18 498
18 498
18 498
18 498
Free-cash
-14 922
11 314
24 862
15 365

Estimated living cost  is ₴18498 per week

₴12002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴14436
₴14004
₴13673
₴10789
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
-
-
-
4 864
surtax
-
-
-
-
social contributions

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

-
-
-
17 028
total
-
-
-
21 892
Employee
19 699
-
39 596
-
social contributions
2 167
-
4 356
-
surtax
-
-
-
-
income
4 098
-
11 016
-
total
6 265
-
15 372
-
Employer
19 699
-
39 596
-
social contributions
4 679
-
9 404
-
total
4 679
-
9 404
-
Corporate
24 622
49 000
-
-
surtax
-
-
-
-
income
5 170
10 290
-
-
total
5 170
10 290
-
-
Dividends
19 452
38 710
-
-
withholding
5 447
10 839
-
-
total
5 447
10 839
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 561
21 129
24 776
21 892
After tax
27 439
27 871
24 224
27 108
Living cost
13 435
13 435
13 435
13 435
Free-cash
14 004
14 436
10 789
13 673

Estimated living cost  is ₴13435 per week

₴10052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴4009
₴6953
₴7355
₴9170
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
-
-
-
5 539
pensions
-
-
-
11 258
other
-
-
-
1 519
health
-
-
-
1 246
surtax
-
-
-
-
social contributions
-
-
-
1 396
total
-
-
-
20 958
Employee
26 826
-
39 378
-
social contributions
764
-
1 122
-
surtax
-
-
-
-
income
2 341
-
6 297
-
pensions
3 034
-
2 105
-
total
6 139
-
9 524
-
Employer
26 826
-
39 378
-
other
926
-
1 358
-
social contributions
80
-
118
-
unemployment
1 087
-
1 595
-
pensions
4 408
-
3 655
-
health
1 878
-
2 893
-
total
8 379
-
9 619
-
Corporate
13 795
49 000
-
-
surtax
-
-
-
-
income
3 862
13 720
-
-
total
3 862
13 720
-
-
Dividends
9 933
35 280
-
-
surtax
-
-
-
-
social contributions
1 709
6 068
-
-
withholding
1 271
4 516
-
-
total
2 980
10 584
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 360
24 304
19 143
20 958
After tax
27 640
24 696
29 857
28 042
Living cost
20 687
20 687
20 687
20 687
Free-cash
6 953
4 009
9 170
7 355

Estimated living cost  is ₴20687 per week

₴14001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴31225
₴29786
₴24124
₴25425
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
-
-
-
1 221
social contributions
-
-
-
10 780
total
-
-
-
12 001
Employee
13 770
-
42 424
-
income
-
-
1 366
-
social contributions
895
-
2 758
-
total
895
-
4 124
-
Employer
13 770
-
42 424
-
social contributions
2 134
-
6 576
-
total
2 134
-
6 576
-
Corporate
33 096
49 000
-
-
income
3 310
4 900
-
-
total
3 310
4 900
-
-
Dividends
29 786
44 100
-
-
total
-
-
-
-
Income
49 000
49 000
49 000
49 000
Total tax
6 339
4 900
10 700
12 001
After tax
42 661
44 100
38 300
36 999
Living cost
12 875
12 875
12 875
12 875
Free-cash
29 786
31 225
25 425
24 124

Estimated living cost  is ₴12875 per week

₴8325
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.
₴242
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.
₴3337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₴44362
-₴44362
₴9390
-₴44362
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
-
-
-
9 421
pensions
-
-
-
371
national
-
-
-
5 291
labour market
-
-
-
3 890
total
-
-
-
18 973
Employee
87 103
87 103
87 103
-
labour market
6 958
6 958
6 958
-
national
10 641
10 641
10 641
-
municipal
18 548
18 548
18 548
-
pensions
124
124
124
-
total
36 271
36 271
36 271
-
Employer
87 103
87 103
87 103
-
labour market
6 968
6 968
6 968
-
municipal
18 578
18 578
18 578
-
pensions
248
248
248
-
national
10 660
10 660
10 660
-
total
36 454
36 454
36 454
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 000
49 000
49 000
49 000
Total tax
72 725
72 725
72 725
18 973
After tax
-23 725
-23 725
-23 725
30 027
Living cost
20 637
20 637
20 637
20 637
Free-cash
-44 362
-44 362
-44 362
9 390

Estimated living cost  is ₴20637 per week

₴14124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
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.
₴4370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₴5261
₴2552
₴24359
₴16471
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
accident
-
-
-
108
income
-
-
-
12 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
15 411
Employee
14 519
-
42 556
-
health
1 663
-
4 873
-
income
1 992
-
8 732
-
pensions
1 635
-
3 249
-
total
5 290
-
16 854
-
Employer
14 519
-
42 556
-
accident
242
-
711
-
unemployment
356
-
1 043
-
pensions
2 361
-
4 691
-
total
2 959
-
6 445
-
Corporate
31 522
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.

28 370
44 100
-
-
total
28 370
44 100
-
-
Dividends
3 152
4 900
-
-
withholding
599
931
-
-
total
599
931
-
-
Income
49 000
49 000
49 000
49 000
Total tax
37 218
45 031
23 299
15 411
After tax
11 782
3 969
25 701
33 589
Living cost
9 230
9 230
9 230
9 230
Free-cash
2 552
-5 261
16 471
24 359

Estimated living cost  is ₴9230 per week

₴6718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
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.
₴1812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₴15665
₴15372
₴17661
₴10943
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
-
-
-
8 717
health
-
-
-
575
national
-
-
-
5 603
total
-
-
-
14 895
Employee
22 535
-
41 221
-
health
168
-
456
-
municipal
3 691
-
6 725
-
pensions
1 521
-
2 782
-
unemployment
338
-
619
-
national
372
-
3 253
-
total
6 090
-
13 835
-
Employer
22 535
-
41 221
-
accident
23
-
41
-
unemployment
146
-
268
-
pensions
3 910
-
7 152
-
health
173
-
317
-
total
4 252
-
7 778
-
Corporate
22 214
49 000
-
-
income
4 443
9 800
-
-
total
4 443
9 800
-
-
Dividends

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

13 328
29 400
-
-
national
-
1 799
-
-
municipal
2 399
5 292
-
-
total
2 399
7 091
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 184
16 891
21 613
14 895
After tax
31 816
32 109
27 387
34 105
Living cost
16 444
16 444
16 444
16 444
Free-cash
15 372
15 665
10 943
17 661

Estimated living cost  is ₴16444 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
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.
₴3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴25916
₴23585
₴24502
₴23959
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
-
-
-
6 402
health
-
-
-
1 249
social contributions
-
-
-
6 930
total
-
-
-
14 581
Employee
32 936
32 936
44 490
-
social contributions
1 245
2 733
3 687
-
health
255
560
757
-
income
3 586
3 049
6 170
-
total
5 086
6 342
10 614
-
Employer
32 936
32 936
44 490
-
social contributions
1 245
2 733
3 687
-
health
277
610
823
-
total
1 522
3 343
4 510
-
Corporate
32 474
12 721
-
-
income
4 059
1 590
-
-
total
4 059
1 590
-
-
Dividends
28 415
11 131
-
-
withholding
4 831
1 892
-
-
total
4 831
1 892
-
-
Income
49 000
49 000
49 000
49 000
Total tax
15 498
13 167
15 124
14 581
After tax
33 502
35 833
33 876
34 419
Living cost
9 917
9 917
9 917
9 917
Free-cash
23 585
25 916
23 959
24 502

Estimated living cost  is ₴9917 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
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.
₴2781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴33777
₴31597
₴33146
₴24556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
49 000
income
-
-
-
4 767
pensions
-
-
-
2 725
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
9 054
Employee

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

9 831
-
44 814
-
health
836
-
3 454
-
income
672
-
3 705
-
pensions
1 474
-
6 096
-
unemployment
49
-
203
-
total
3 031
-
13 458
-
Employer

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

9 831
-
44 814
-
unemployment
49
-
203
-
pensions
541
-
2 235
-
health
423
-
1 748
-
total
1 013
-
4 186
-
Corporate
38 157
49 000
-
-
income
3 434
4 410
-
-
total
3 434
4 410
-
-
Dividends
34 723
44 590
-
-
withholding
3 125
4 013
-
-
total
3 125
4 013
-
-
Income
49 000
49 000
49 000
49 000
Total tax
10 603
8 423
17 644
9 054
After tax
38 397
40 577
31 356
39 946
Living cost
6 800
6 800
6 800
6 800
Free-cash
31 597
33 777
24 556
33 146

Estimated living cost  is ₴6800 per week

₴4339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
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.
₴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

Source of data for Podgorica model

Close
Valencia , Spain
₴21203
₴18977
₴15081
₴13637
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
accident
-
-
-
358
income
-
-
-
10 230
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
22 141
Employee
15 837
-
37 156
-
other
15
-
37
-
income
3 053
-
9 381
-
pensions
745
-
1 746
-
unemployment
245
-
576
-
total
4 058
-
11 740
-
Employer
15 837
-
37 156
-
accident
314
-
736
-
other
127
-
297
-
unemployment
871
-
2 043
-
pensions
3 737
-
8 769
-
total
5 049
-
11 845
-
Corporate
28 113
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.

4 217
7 350
-
-
total
4 217
7 350
-
-
Dividends
23 897
41 650
-
-
withholding
4 921
8 669
-
-
total
4 921
8 669
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 245
16 019
23 585
22 141
After tax
30 755
32 981
25 415
26 859
Living cost
11 778
11 778
11 778
11 778
Free-cash
18 977
21 203
13 637
15 081

Estimated living cost  is ₴11778 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
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.
₴2490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴29406
₴29213
₴29993
₴29911
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
-
-
-
16 365
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
17 837
Employee
1 782
-
48 040
-
health
89
-
213
-
income
345
-
16 320
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
16 960
-
Employer
1 782
-
48 040
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
46 817
49 000
-
-
income
10 300
10 780
-
-
total
10 300
10 780
-
-
Dividends
36 518
38 220
-
-
withholding
7 304
7 644
-
-
total
7 304
7 644
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 617
18 424
17 919
17 837
After tax
30 383
30 576
31 081
31 163
Living cost
1 170
1 170
1 170
1 170
Free-cash
29 213
29 406
29 911
29 993

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
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.
₴353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴27994
₴25887
₴19260
₴19261
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
income
-
-
-
10 366
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
22 332
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.

11 170
-
43 334
-
health
575
-
1 630
-
income
1 540
-
10 366
-
pensions
1 564
-
4 432
-
unemployment
84
-
237
-
total
3 763
-
16 665
-
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.

11 170
-
43 334
-
unemployment
84
-
237
-
pensions
1 340
-
3 799
-
health
575
-
1 630
-
total
1 999
-
5 666
-
Corporate
35 830
49 000
-
-
income
5 375
7 350
-
-
total
5 375
7 350
-
-
Dividends
30 456
41 650
-
-
withholding
4 568
6 248
-
-
total
4 568
6 248
-
-
Income
49 000
49 000
49 000
49 000
Total tax
15 705
13 598
22 331
22 332
After tax
33 295
35 402
26 669
26 668
Living cost
7 408
7 408
7 408
7 408
Free-cash
25 887
27 994
19 261
19 260

Estimated living cost  is ₴7408 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
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.
₴1633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴16324
₴16170
₴15561
₴12677
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
-
-
-
4 864
surtax
-
-
-
-
social contributions

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

-
-
-
17 028
total
-
-
-
21 892
Employee
16 624
-
39 596
-
social contributions
1 829
-
4 356
-
surtax
-
-
-
-
income
3 248
-
11 016
-
total
5 077
-
15 372
-
Employer
16 624
-
39 596
-
social contributions
3 948
-
9 404
-
total
3 948
-
9 404
-
Corporate
28 428
49 000
-
-
surtax
-
-
-
-
income
5 970
10 290
-
-
total
5 970
10 290
-
-
Dividends
22 458
38 710
-
-
withholding
6 288
10 839
-
-
total
6 288
10 839
-
-
Income
49 000
49 000
49 000
49 000
Total tax
21 283
21 129
24 776
21 892
After tax
27 717
27 871
24 224
27 108
Living cost
11 547
11 547
11 547
11 547
Free-cash
16 170
16 324
12 677
15 561

Estimated living cost  is ₴11547 per week

₴8179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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

Source of data for Porto model

Close
Madrid , Spain
₴17928
₴14680
₴11806
₴10362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 000
accident
-
-
-
358
income
-
-
-
10 230
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
22 141
Employee
20 686
-
37 156
-
other
20
-
37
-
income
4 321
-
9 381
-
pensions
972
-
1 746
-
unemployment
320
-
576
-
total
5 633
-
11 740
-
Employer
20 686
-
37 156
-
accident
410
-
736
-
other
166
-
297
-
unemployment
1 138
-
2 043
-
pensions
4 882
-
8 769
-
total
6 596
-
11 845
-
Corporate
21 719
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.

3 258
7 350
-
-
total
3 258
7 350
-
-
Dividends
18 461
41 650
-
-
withholding
3 780
8 669
-
-
total
3 780
8 669
-
-
Income
49 000
49 000
49 000
49 000
Total tax
19 267
16 019
23 585
22 141
After tax
29 733
32 981
25 415
26 859
Living cost
15 053
15 053
15 053
15 053
Free-cash
14 680
17 928
10 362
11 806

Estimated living cost  is ₴15053 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴34523
₴31911
₴30280
₴31916
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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
11 348
Employee
9 762
-
46 063
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
4 606
-
pensions

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

857
-
1 314
-
total
2 389
-
6 774
-
Employer
9 762
-
46 063
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
37 322
49 000
-
-
income
3 732
4 900
-
-
total
3 732
4 900
-
-
Dividends
33 590
44 100
-
-
withholding
1 680
2 205
-
-
total
1 680
2 205
-
-
Income
49 000
49 000
49 000
49 000
Total tax
9 717
7 105
9 712
11 348
After tax
39 283
41 895
39 288
37 652
Living cost
7 372
7 372
7 372
7 372
Free-cash
31 911
34 523
31 916
30 280

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴8725
₴14330
₴12479
₴16653
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
-
-
-
4 174
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.

-
-
-
12 214
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.

-
-
-
2 926
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.

-
-
-
671
total
-
-
-
19 985
Employee

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

21 311
-
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.

2 926
-
2 926
-
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.

97
-
671
-
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.

1 752
-
12 214
-
total
4 775
-
15 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 689
49 000
-
-
surtax

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

228
404
-
-
income
4 153
7 350
-
-
trade
3 973
7 032
-
-
chamber of commerce
106
137
-
-
total
8 460
14 923
-
-
Dividends
19 228
34 078
-
-
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.

255
459
-
-
withholding
4 644
8 357
-
-
total
4 899
8 816
-
-
Income
49 000
49 000
49 000
49 000
Total tax
18 134
23 739
15 811
19 985
After tax
30 866
25 261
33 189
29 015
Living cost
16 536
16 536
16 536
16 536
Free-cash
14 330
8 725
16 653
12 479

Estimated living cost  is ₴16536 per week

₴11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₴9901
₴10847
₴7592
₴7592
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
-
-
-
12 521
social contributions
-
-
-
4 488
total
-
-
-
17 009
Employee
33 504
-
49 000
-
income
6 322
-
12 521
-
social contributions
2 783
-
4 488
-
total
9 105
-
17 009
-
Employer
33 504
-
49 000
-
total
-
-
-
-
Corporate
15 496
49 000
-
-
income
1 937
6 125
-
-
total
1 937
6 125
-
-
Dividends
13 559
42 875
-
-
withholding
2 712
8 575
-
-
total
2 712
8 575
-
-
Income
49 000
49 000
49 000
49 000
Total tax
13 754
14 700
17 009
17 009
After tax
35 246
34 300
31 991
31 991
Living cost
24 399
24 399
24 399
24 399
Free-cash
10 847
9 901
7 592
7 592

Estimated living cost  is ₴24399 per week

₴18562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₴14039
₴15535
₴18399
₴20535
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
-
-
-
12 192
health

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

-
-
-
2 861
total
-
-
-
15 053
Employee
19 649
-
47 030
-
income
2 132
-
8 977
-
social contributions
1 969
-
1 970
-
total
4 101
-
10 947
-
Employer
19 649
-
47 030
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
27 383
49 000
-
-
income
9 584
17 150
-
-
total
9 584
17 150
-
-
Dividends
17 799
31 850
-
-
social contributions
2 263
2 263
-
-
total
2 263
2 263
-
-
Income
49 000
49 000
49 000
49 000
Total tax
17 917
19 413
12 917
15 053
After tax
31 083
29 587
36 083
33 947
Living cost
15 548
15 548
15 548
15 548
Free-cash
15 535
14 039
20 535
18 399

Estimated living cost  is ₴15548 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴18990
₴18322
₴18535
₴14009
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
-
-
-
11 167
pensions
-
-
-
3 333
total
-
-
-
14 500
Employee
21 914
-
43 052
-
health
286
-
719
-
income
3 991
-
8 150
-
pensions
1 673
-
4 209
-
total
5 950
-
13 078
-
Employer
21 914
-
43 052
-
pensions
2 214
-
5 130
-
health
416
-
818
-
total
2 630
-
5 948
-
Corporate
24 456
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.

4 647
9 310
-
-
total
4 647
9 310
-
-
Dividends
19 809
39 690
-
-
withholding
1 486
4 735
-
-
total
1 486
4 735
-
-
Income
49 000
49 000
49 000
49 000
Total tax
14 713
14 045
19 026
14 500
After tax
34 287
34 955
29 974
34 500
Living cost
15 965
15 965
15 965
15 965
Free-cash
18 322
18 990
14 009
18 535

Estimated living cost  is ₴15965 per week

₴10952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
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.
₴3344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴6174
₴2414
₴23446
₴15558
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
accident
-
-
-
108
income
-
-
-
12 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
15 411
Employee
15 956
-
42 556
-
health
1 827
-
4 873
-
income
2 189
-
8 732
-
pensions
1 797
-
3 249
-
total
5 813
-
16 854
-
Employer
15 956
-
42 556
-
accident
266
-
711
-
unemployment
391
-
1 043
-
pensions
2 594
-
4 691
-
total
3 251
-
6 445
-
Corporate
29 792
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.

26 813
44 100
-
-
total
26 813
44 100
-
-
Dividends
2 979
4 900
-
-
withholding
566
931
-
-
total
566
931
-
-
Income
49 000
49 000
49 000
49 000
Total tax
36 443
45 031
23 299
15 411
After tax
12 557
3 969
25 701
33 589
Living cost
10 143
10 143
10 143
10 143
Free-cash
2 414
-6 174
15 558
23 446

Estimated living cost  is ₴10143 per week

₴7444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₴35448
₴33445
₴22061
₴26118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
49 000
work injury
-
-
-
245
health insurance
-
-
-
3 626
income
-
-
-
7 679
pensions
-
-
-
9 016
unemployment
-
-
-
588
total
-
-
-
21 154
Employee

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

9 257
-
49 000
-
work injury
46
-
171
-
income
926
-
7 679
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
17 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 743
49 000
-
-
income

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

397
490
-
-
total
397
490
-
-
Dividends
39 346
48 510
-
-
withholding
5 902
7 277
-
-
total
5 902
7 277
-
-
Income
49 000
49 000
49 000
49 000
Total tax
9 770
7 767
17 097
21 154
After tax
39 230
41 233
31 903
27 846
Living cost
5 785
5 785
5 785
5 785
Free-cash
33 445
35 448
26 118
22 061

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
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.
₴1600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₴8746
₴6799
₴7131
₴4890
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
-
-
-
328
regional
-
-
-
1 035
national
-
-
-
10 840
social contributions
-
-
-
12 603
total
-
-
-
24 806
Employee
36 093
-
49 000
-
social contributions
12 170
-
16 523
-
regional
545
-
881
-
municipal
215
-
293
-
national
6 099
-
9 350
-
total
19 029
-
27 047
-
Employer
36 093
-
49 000
-
total
-
-
-
-
Corporate
12 907
49 000
-
-
nationa
3 098
11 760
-
-
municipal
622
2 362
-
-
total
3 720
14 122
-
-
Dividends
9 188
34 878
-
-
withholding
2 389
9 069
-
-
total
2 389
9 069
-
-
Income
49 000
49 000
49 000
49 000
Total tax
25 138
23 191
27 047
24 806
After tax
23 862
25 809
21 953
24 194
Living cost
17 063
17 063
17 063
17 063
Free-cash
6 799
8 746
4 890
7 131

Estimated living cost  is ₴17063 per week

₴11986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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