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
₴ 49500
per

Your estimated
City
free-cash

Dresden , Germany
₴10171
₴20330
₴16125
₴15595
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.

-
-
-
49 500
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.

-
-
-
10 393
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.

-
-
-
571
health

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

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

-
-
-
3 351
trade
-
-
-
4 205
total
-
-
-
18 520
Employee

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

18 758
-
49 500
-
surtax

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

29
-
571
-
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.

524
-
10 393
-
health

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

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

3 351
-
3 351
-
total
3 904
-
14 315
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 742
49 500
-
-
income
4 612
7 425
-
-
surtax

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

254
409
-
-
chamber of commerce
118
145
-
-
trade
4 842
7 797
-
-
total
9 826
15 776
-
-
Dividends
20 916
33 725
-
-
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.

277
453
-
-
withholding
5 043
8 245
-
-
total
5 320
8 698
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 050
24 474
14 315
18 520
After tax
30 450
25 026
35 185
30 980
Living cost
14 855
14 855
14 855
14 855
Free-cash
15 595
10 171
20 330
16 125

Estimated living cost  is ₴14855 per week

₴9344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1732
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.
₴3501
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
₴4920
₴4358
₴3970
₴4489
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
-
-
-
49 500
social contributions
-
-
-
532
municipal
-
-
-
5 134
national
-
-
-
7 956
pensions
-
-
-
5 940
total
-
-
-
19 562
Employee
40 255
-
42 792
-
municipal
4 972
-
5 326
-
pensions
1 610
-
1 712
-
national
7 705
-
8 253
-
total
14 287
-
15 291
-
Employer
40 255
-
42 792
-
pensions
3 220
-
3 423
-
social contributions
433
-
460
-
total
3 653
-
3 883
-
Corporate
2 935
49 500
-
-
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%.

587
9 900
-
-
total
587
9 900
-
-
Dividends
2 348
39 600
-
-
withholding
516
8 712
-
-
total
516
8 712
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 043
18 612
19 174
19 562
After tax
30 457
30 888
30 326
29 938
Living cost
25 968
25 968
25 968
25 968
Free-cash
4 489
4 920
4 358
3 970

Estimated living cost  is ₴25968 per week

₴17650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴389
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.
₴5515
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
₴29397
₴17692
₴16217
₴25373
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.

-
-
-
49 500
income
-
-
-
7 166
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.

-
-
-
15 914
microenterprise
-
-
-
-
total
-
-
-
23 080
Employee
14 331
-
39 890
-
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.

1 577
-
4 388
-
income
2 551
-
7 607
-
total
4 128
-
11 995
-
Employer
14 331
-
39 890
-
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.

3 452
-
9 610
-
surtax
-
-
-
-
total
3 452
-
9 610
-
Corporate
31 717
49 500
-
-
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%.

6 344
9 900
-
-
total
6 344
9 900
-
-
Dividends

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

25 373
39 600
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 924
9 900
21 605
23 080
After tax
35 576
39 600
27 895
26 420
Living cost
10 203
10 203
10 203
10 203
Free-cash
25 373
29 397
17 692
16 217

Estimated living cost  is ₴10203 per week

₴6509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴3413
₴3496
₴7549
₴407
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
-
-
-
49 500
income
-
-
-
9 757
health
-
-
-
5 903
pensions
-
-
-
5 746
total
-
-
-
21 406
Employee
41 882
41 882
42 124
-
pensions
7 539
5 746
5 746
-
income

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

6 855
6 855
6 855
-
health
6 428
5 468
5 482
-
total
20 822
18 069
18 083
-
Employer
41 882
41 882
42 124
-
health
2 911
2 911
2 928
-
pensions
2 915
2 915
2 932
-
unemployment
1 508
1 508
1 516
-
total
7 334
7 334
7 376
-
Corporate
798
284
-
-
income
160
57
-
-
total
160
57
-
-
Dividends
638
228
-
-
income
136
48
-
-
withholding
96
34
-
-
total
232
82
-
-
Income
49 500
49 500
49 500
49 500
Total tax
28 548
25 542
25 459
21 406
After tax
20 952
23 958
24 041
28 094
Living cost
20 545
20 545
20 545
20 545
Free-cash
407
3 413
3 496
7 549

Estimated living cost  is ₴20545 per week

₴14560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
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.
₴3807
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
₴6842
₴6249
₴5562
₴6389
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
-
-
-
49 500
accident
-
-
-
88
other
-
-
-
5 140
unemployment
-
-
-
44
health
-
-
-
2 760
municipal
-
-
-
10 939
national
-
-
-
-
pensions
-
-
-
4 782
total
-
-
-
23 753
Employee
28 761
-
37 665
-
municipal
8 577
-
11 232
-
national
-
-
-
-
total
8 577
-
11 232
-
Employer
28 761
-
37 665
-
health
1 769
-
2 316
-
pensions
3 109
-
4 072
-
accident
58
-
75
-
unemployment
759
-
994
-
other
3 342
-
4 377
-
total
9 037
-
11 834
-
Corporate
11 702
49 500
-
-
income
2 574
10 890
-
-
total
2 574
10 890
-
-
Dividends
9 127
38 610
-
-
withholding
2 738
11 583
-
-
total
2 738
11 583
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 926
22 473
23 066
23 753
After tax
26 574
27 027
26 434
25 747
Living cost
20 185
20 185
20 185
20 185
Free-cash
6 389
6 842
6 249
5 562

Estimated living cost  is ₴20185 per week

₴13378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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 Stockholm model

Close
Hamburg , Germany
₴5503
₴15918
₴11526
₴12396
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.

-
-
-
49 500
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.

-
-
-
10 393
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.

-
-
-
571
health

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

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

-
-
-
3 351
trade
-
-
-
4 392
total
-
-
-
18 707
Employee

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

24 871
-
49 500
-
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.

117
-
571
-
income

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

2 137
-
10 393
-
health

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

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

3 351
-
3 351
-
total
5 605
-
14 315
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 629
49 500
-
-
income
3 694
7 425
-
-
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.

203
409
-
-
chamber of commerce
110
145
-
-
trade
4 051
8 143
-
-
total
8 058
16 122
-
-
Dividends
16 571
33 378
-
-
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.

218
449
-
-
withholding
3 956
8 159
-
-
total
4 174
8 608
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 837
24 730
14 315
18 707
After tax
31 663
24 770
35 185
30 793
Living cost
19 267
19 267
19 267
19 267
Free-cash
12 396
5 503
15 918
11 526

Estimated living cost  is ₴19267 per week

₴12886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4062
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
₴20324
₴19096
₴19146
₴18289
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
-
-
-
49 500
income
-
-
-
5 463
social contributions
-
-
-
7 722
health
-
-
-
1 262
total
-
-
-
14 447
Employee
37 713
37 713
44 939
-
social contributions
1 833
3 130
3 730
-
income
3 960
3 491
5 442
-
health
375
641
764
-
total
6 168
7 262
9 936
-
Employer
37 713
37 713
44 939
-
health
409
698
831
-
social contributions
1 833
3 130
3 730
-
total
2 242
3 828
4 561
-
Corporate
25 184
7 959
-
-
income
3 148
995
-
-
total
3 148
995
-
-
Dividends
22 036
6 965
-
-
withholding
3 746
1 184
-
-
total
3 746
1 184
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 304
13 269
14 497
14 447
After tax
34 196
36 231
35 003
35 053
Living cost
15 907
15 907
15 907
15 907
Free-cash
18 289
20 324
19 096
19 146

Estimated living cost  is ₴15907 per week

₴10874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴3524
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
₴18909
₴19719
₴25314
₴19096
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
-
-
-
49 500
income
-
-
-
6 051
unemployment
-
-
-
743
health
-
-
-
3 465
pensions
-
-
-
4 950
total
-
-
-
15 209
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.

12 958
5 157
41 423
-
unemployment
194
77
621
-
pensions
1 296
516
4 142
-
income
1 584
630
5 064
-
health
907
361
2 900
-
total
3 981
1 584
12 727
-
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.

12 958
5 157
41 423
-
pensions
2 527
1 006
8 077
-
total
2 527
1 006
8 077
-
Corporate
34 015
43 337
-
-
income
3 061
3 900
-
-
total
3 061
3 900
-
-
Dividends
30 954
39 437
-
-
social contributions
5 977
7 631
-
-
withholding
5 881
7 493
-
-
total
11 858
15 124
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 427
21 614
20 804
15 209
After tax
28 073
27 886
28 696
34 291
Living cost
8 977
8 977
8 977
8 977
Free-cash
19 096
18 909
19 719
25 314

Estimated living cost  is ₴8977 per week

₴6126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
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.
₴1937
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
₴27754
₴16685
₴14686
₴24708
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
-
-
-
49 500
income
-
-
-
6 633
health
-
-
-
6 435
pensions
-
-
-
9 900
total
-
-
-
22 968
Employee
13 913
-
36 995
-
unemployment
222
-
592
-
pensions
278
-
740
-
income
1 566
-
7 133
-
total
2 066
-
8 465
-
Employer
13 913
-
36 995
-
health
1 808
-
4 809
-
pensions
2 783
-
7 399
-
unemployment
112
-
296
-
total
4 703
-
12 504
-
Corporate
30 884
49 500
-
-
income
6 177
9 900
-
-
total
6 177
9 900
-
-
Dividends
24 707
39 600
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
12 946
9 900
20 969
22 968
After tax
36 554
39 600
28 531
26 532
Living cost
11 846
11 846
11 846
11 846
Free-cash
24 708
27 754
16 685
14 686

Estimated living cost  is ₴11846 per week

₴8125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴705
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.
₴2777
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
-₴6906
₴14642
₴23060
₴2334
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
-
-
-
49 500
accident
-
-
-
125
income
-
-
-
12 069
other
-
-
-
184
health
-
-
-
1 082
pensions
-
-
-
2 064
total
-
-
-
15 524
Employee
17 171
-
42 291
-
pensions
1 934
-
3 785
-
income
2 356
-
8 107
-
health
1 966
-
4 842
-
total
6 256
-
16 734
-
Employer
17 171
-
42 291
-
pensions
2 792
-
5 466
-
accident
287
-
706
-
unemployment
421
-
1 036
-
total
3 500
-
7 208
-
Corporate
28 829
49 500
-
-
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.

25 946
44 550
-
-
total
25 946
44 550
-
-
Dividends
2 883
4 950
-
-
withholding
548
940
-
-
total
548
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
36 250
45 490
23 942
15 524
After tax
13 250
4 010
25 558
33 976
Living cost
10 916
10 916
10 916
10 916
Free-cash
2 334
-6 906
14 642
23 060

Estimated living cost  is ₴10916 per week

₴8000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴2083
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
₴43014
₴35589
₴44994
₴42262
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%.

-
-
-
49 500
microenterprise

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

-
-
-
495
total
-
-
-
495
Employee
5 013
-
49 500
-
income
1 003
-
9 900
-
total
1 003
-
9 900
-
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%.

44 487
49 500
-
-
total
-
-
-
-
Dividends
44 487
49 500
-
-
withholding
2 224
2 475
-
-
total
2 224
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
3 227
2 475
9 900
495
After tax
46 273
47 025
39 600
49 005
Living cost
4 011
4 011
4 011
4 011
Free-cash
42 262
43 014
35 589
44 994

Estimated living cost  is ₴4011 per week

₴2486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
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.
₴1082
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
₴23300
₴15871
₴13736
₴19988
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
-
-
-
49 500
income
-
-
-
6 288
other
-
-
-
2 351
health
-
-
-
2 178
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.

-
-
-
11 879
total
-
-
-
22 696
Employee
17 807
-
39 537
-
unemployment
178
-
396
-
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.

1 246
-
2 767
-
income
3 066
-
6 880
-
health
249
-
554
-
total
4 739
-
10 597
-
Employer
17 807
-
39 537
-
health
249
-
554
-
pensions

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

3 028
-
6 721
-
accident
142
-
316
-
unemployment
178
-
396
-
other
891
-
1 977
-
total
4 488
-
9 964
-
Corporate
27 205
49 500
-
-
income
5 713
10 395
-
-
total
5 713
10 395
-
-
Dividends
21 492
39 105
-
-
withholding
1 504
2 737
-
-
total
1 504
2 737
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 444
13 132
20 561
22 696
After tax
33 056
36 368
28 939
26 804
Living cost
13 068
13 068
13 068
13 068
Free-cash
19 988
23 300
15 871
13 736

Estimated living cost  is ₴13068 per week

₴9234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴3686
-₴1669
₴2928
-₴3030
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
-
-
-
49 500
income
-
-
-
10 280
pensions
-
-
-
3 640
total
-
-
-
13 920
Employee
46 198
-
43 579
-
pensions
4 457
-
4 143
-
income
8 328
-
7 746
-
health
761
-
707
-
total
13 546
-
12 596
-
Employer
46 198
-
43 579
-
health
877
-
828
-
pensions
5 455
-
5 093
-
total
6 332
-
5 921
-
Corporate
-
49 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
9 405
-
-
total
-
9 405
-
-
Dividends
-
40 095
-
-
withholding
-
3 757
-
-
total
-
3 757
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 878
13 162
18 517
13 920
After tax
29 622
36 338
30 983
35 580
Living cost
32 652
32 652
32 652
32 652
Free-cash
-3 030
3 686
-1 669
2 928

Estimated living cost  is ₴32652 per week

₴24467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
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.
₴4084
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
₴35893
₴32616
₴31072
₴33615
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
-
-
-
49 500
income
-
-
-
7 425
unemployment
-
-
-
69
health
-
-
-
1 970
pensions

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

-
-
-
2 535
total
-
-
-
11 999
Employee
8 514
-
46 139
-
accident

We are using the highest rate at 1.1%.

94
-
188
-
pensions

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

747
-
1 504
-
income
851
-
4 614
-
health
392
-
788
-
total
2 084
-
7 094
-
Employer
8 514
-
46 139
-
health
588
-
1 182
-
pensions

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

938
-
1 888
-
accident

We are using the highest rate at 1.1%.

94
-
188
-
unemployment
51
-
103
-
total
1 671
-
3 361
-
Corporate
39 316
49 500
-
-
income
3 932
4 950
-
-
total
3 932
4 950
-
-
Dividends
35 384
44 550
-
-
withholding
1 769
2 228
-
-
total
1 769
2 228
-
-
Income
49 500
49 500
49 500
49 500
Total tax
9 456
7 178
10 455
11 999
After tax
40 044
42 322
39 045
37 501
Living cost
6 429
6 429
6 429
6 429
Free-cash
33 615
35 893
32 616
31 072

Estimated living cost  is ₴6429 per week

₴3754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2046
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
-₴3238
-₴3155
₴898
-₴3931
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
-
-
-
49 500
income
-
-
-
9 757
health
-
-
-
5 903
pensions
-
-
-
5 746
total
-
-
-
21 406
Employee
45 470
41 882
42 124
-
pensions
5 746
5 746
5 746
-
income

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

6 855
6 855
6 855
-
health
5 673
5 468
5 482
-
total
18 274
18 069
18 083
-
Employer
45 470
41 882
42 124
-
health
3 160
2 911
2 928
-
pensions
3 164
2 915
2 932
-
unemployment
1 637
1 508
1 516
-
total
7 961
7 334
7 376
-
Corporate
-
284
-
-
income
-
57
-
-
total
-
57
-
-
Dividends
-
228
-
-
income
-
48
-
-
withholding
-
34
-
-
total
-
82
-
-
Income
49 500
49 500
49 500
49 500
Total tax
26 235
25 542
25 459
21 406
After tax
23 265
23 958
24 041
28 094
Living cost
27 196
27 196
27 196
27 196
Free-cash
-3 931
-3 238
-3 155
898

Estimated living cost  is ₴27196 per week

₴20061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴312
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.
₴4394
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
₴21894
₴12932
₴11921
₴17547
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
-
-
-
49 500
income
-
-
-
4 255
social contributions
-
-
-
14 454
solidarity contribution
-
-
-
-
health
-
-
-
6 683
total
-
-
-
25 392
Employee
17 921
-
36 940
-
solidarity contribution
-
-
-
-
social contributions
1 165
-
2 401
-
income
2 151
-
4 433
-
health
2 419
-
4 987
-
total
5 735
-
11 821
-
Employer
17 921
-
36 940
-
health
1 613
-
3 325
-
social contributions
4 480
-
9 235
-
total
6 093
-
12 560
-
Corporate
25 485
49 500
-
-
income
4 842
9 405
-
-
total
4 842
9 405
-
-
Dividends
20 643
40 095
-
-
withholding
3 096
6 014
-
-
total
3 096
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 766
15 419
24 381
25 392
After tax
29 734
34 081
25 119
24 108
Living cost
12 187
12 187
12 187
12 187
Free-cash
17 547
21 894
12 932
11 921

Estimated living cost  is ₴12187 per week

₴8465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴867
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.
₴2615
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
₴5716
₴2330
₴4686
₴3154
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
-
-
-
49 500
social contributions
-
-
-
12 731
regional
-
-
-
547
municipal
-
-
-
294
national
-
-
-
10 547
total
-
-
-
24 119
Employee
43 587
-
49 500
-
municipal
231
-
262
-
national
7 553
-
9 043
-
regional
411
-
479
-
social contributions
14 698
-
16 691
-
total
22 893
-
26 475
-
Employer
43 587
-
49 500
-
total
-
-
-
-
Corporate
5 913
49 500
-
-
municipal
231
1 930
-
-
nationa
1 419
11 880
-
-
total
1 650
13 810
-
-
Dividends
4 263
35 689
-
-
withholding
1 108
9 279
-
-
total
1 108
9 279
-
-
Income
49 500
49 500
49 500
49 500
Total tax
25 651
23 089
26 475
24 119
After tax
23 849
26 411
23 025
25 381
Living cost
20 695
20 695
20 695
20 695
Free-cash
3 154
5 716
2 330
4 686

Estimated living cost  is ₴20695 per week

₴14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
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.
₴4594
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
₴20313
₴13639
₴14599
₴18787
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
-
-
-
49 500
income
-
-
-
9 401
other
-
-
-
-
surtax
-
-
-
1 152
unemployment
-
-
-
112
health
-
-
-
3 514
pensions
-
-
-
9 900
total
-
-
-
24 079
Employee
16 219
-
40 892
-
other
-
-
-
-
unemployment
1 129
-
2 846
-
pensions
1 081
-
2 728
-
surtax
53
-
1 042
-
income
2 719
-
8 773
-
health
414
-
1 043
-
total
5 396
-
16 432
-
Employer
16 219
-
40 892
-
health
738
-
1 860
-
pensions
2 162
-
5 451
-
unemployment
514
-
1 296
-
other
-
-
-
-
total
3 414
-
8 607
-
Corporate
29 868
49 500
-
-
income
7 766
12 870
-
-
total
7 766
12 870
-
-
Dividends
22 102
36 630
-
-
withholding
3 315
5 495
-
-
total
3 315
5 495
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 891
18 365
25 039
24 079
After tax
29 609
31 135
24 461
25 421
Living cost
10 822
10 822
10 822
10 822
Free-cash
18 787
20 313
13 639
14 599

Estimated living cost  is ₴10822 per week

₴6617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴2957
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
₴14031
₴8676
₴13273
₴10940
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
-
-
-
49 500
income
-
-
-
10 280
pensions
-
-
-
3 640
total
-
-
-
13 920
Employee
30 960
-
43 579
-
pensions
2 628
-
4 143
-
income
5 576
-
7 746
-
health
449
-
707
-
total
8 653
-
12 596
-
Employer
30 960
-
43 579
-
health
588
-
828
-
pensions
3 351
-
5 093
-
total
3 939
-
5 921
-
Corporate
14 600
49 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

2 774
9 405
-
-
total
2 774
9 405
-
-
Dividends
11 826
40 095
-
-
withholding
887
3 757
-
-
total
887
3 757
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 253
13 162
18 517
13 920
After tax
33 247
36 338
30 983
35 580
Living cost
22 307
22 307
22 307
22 307
Free-cash
10 940
14 031
8 676
13 273

Estimated living cost  is ₴22307 per week

₴16712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1672
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.
₴3689
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
-₴16122
₴102
₴2604
-₴177
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
-
-
-
49 500
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.

-
-
-
990
regional
-
-
-
1 661
health
-
-
-
126
city
-
-
-
522
national
-
-
-
286
pensions
-
-
-
4 554
total
-
-
-
8 139
Employee
45 356
-
44 305
-
unemployment
-
-
-
-
pensions
3 810
-
3 722
-
national
215
-
207
-
regional
1 485
-
1 428
-
city
487
-
476
-
health
103
-
100
-
total
6 100
-
5 933
-
Employer
45 356
-
44 305
-
health
103
-
100
-
pensions
3 810
-
3 722
-
unemployment
-
-
-
-
other

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

907
-
886
-
total
4 820
-
4 708
-
Corporate
-
49 500
-
-
regional
-
10 469
-
-
national
-
4 208
-
-
total
-
14 677
-
-
Dividends
-
34 824
-
-
withholding
-
12 188
-
-
total
-
12 188
-
-
Income
49 500
49 500
49 500
49 500
Total tax
10 920
26 865
10 641
8 139
After tax
38 580
22 635
38 859
41 361
Living cost
38 757
38 757
38 757
38 757
Free-cash
-177
-16 122
102
2 604

Estimated living cost  is ₴38757 per week

₴25203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴476
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.
₴9600
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
₴2050
₴12718
₴8139
₴10004
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.

-
-
-
49 500
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.

-
-
-
10 393
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.

-
-
-
571
health

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

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

-
-
-
3 351
trade
-
-
-
4 579
total
-
-
-
18 894
Employee

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

29 475
-
49 500
-
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.

191
-
571
-
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.

3 466
-
10 393
-
health

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

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

3 351
-
3 351
-
total
7 008
-
14 315
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 025
49 500
-
-
income
3 003
7 425
-
-
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.

165
409
-
-
chamber of commerce
102
144
-
-
trade
3 434
8 489
-
-
total
6 704
16 467
-
-
Dividends
13 321
33 033
-
-
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.

173
444
-
-
withholding
3 144
8 072
-
-
total
3 317
8 516
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 029
24 983
14 315
18 894
After tax
32 471
24 517
35 185
30 606
Living cost
22 467
22 467
22 467
22 467
Free-cash
10 004
2 050
12 718
8 139

Estimated living cost  is ₴22467 per week

₴16409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴3969
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
₴8168
₴14418
₴11711
₴11065
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
-
-
-
49 500
income
-
-
-
4 778
other
-
-
-
1 537
surtax
-
-
-
-
social contributions
-
-
-
1 410
health
-
-
-
942
pensions
-
-
-
12 342
total
-
-
-
21 009
Employee
20 990
-
40 177
-
pensions
2 373
-
1 913
-
surtax
-
-
-
-
social contributions
598
-
1 145
-
income
1 239
-
5 920
-
total
4 210
-
8 978
-
Employer
20 990
-
40 177
-
health
1 470
-
2 813
-
pensions
3 448
-
3 377
-
unemployment
850
-
1 627
-
social contributions
63
-
121
-
other
724
-
1 386
-
total
6 555
-
9 324
-
Corporate
21 955
49 500
-
-
income
6 147
13 860
-
-
surtax
-
-
-
-
total
6 147
13 860
-
-
Dividends
15 808
35 640
-
-
surtax
-
-
-
-
social contributions
2 720
6 130
-
-
withholding
2 023
4 562
-
-
total
4 743
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 655
24 552
18 302
21 009
After tax
27 845
24 948
31 198
28 491
Living cost
16 780
16 780
16 780
16 780
Free-cash
11 065
8 168
14 418
11 711

Estimated living cost  is ₴16780 per week

₴10580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
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.
₴4550
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
₴9831
₴16081
₴13374
₴12556
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
-
-
-
49 500
income
-
-
-
4 778
other
-
-
-
1 537
surtax
-
-
-
-
social contributions
-
-
-
1 410
health
-
-
-
942
pensions
-
-
-
12 342
total
-
-
-
21 009
Employee
18 737
-
40 177
-
pensions
2 119
-
1 913
-
surtax
-
-
-
-
social contributions
534
-
1 145
-
income
966
-
5 920
-
total
3 619
-
8 978
-
Employer
18 737
-
40 177
-
health
1 311
-
2 813
-
pensions
3 079
-
3 377
-
unemployment
759
-
1 627
-
social contributions
56
-
121
-
other
647
-
1 386
-
total
5 852
-
9 324
-
Corporate
24 912
49 500
-
-
income
6 976
13 860
-
-
surtax
-
-
-
-
total
6 976
13 860
-
-
Dividends
17 936
35 640
-
-
surtax
-
-
-
-
social contributions
3 084
6 130
-
-
withholding
2 296
4 562
-
-
total
5 380
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 827
24 552
18 302
21 009
After tax
27 673
24 948
31 198
28 491
Living cost
15 117
15 117
15 117
15 117
Free-cash
12 556
9 831
16 081
13 374

Estimated living cost  is ₴15117 per week

₴8767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4528
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
₴19798
₴21452
₴21389
₴20054
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
-
-
-
49 500
income
-
-
-
7 425
social contributions
-
-
-
6 831
health
-
-
-
3 455
total
-
-
-
17 711
Employee
16 629
-
49 500
-
social contributions
2 295
-
6 831
-
income
2 773
-
7 362
-
health
1 161
-
3 455
-
total
6 229
-
17 648
-
Employer
16 629
-
49 500
-
total
-
-
-
-
Corporate
32 871
49 500
-
-
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%.

1 644
2 475
-
-
total
1 644
2 475
-
-
Dividends
31 228
47 025
-
-
social contributions
4 309
6 490
-
-
withholding
4 684
7 054
-
-
health
2 180
3 283
-
-
total
11 173
16 827
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 046
19 302
17 648
17 711
After tax
30 454
30 198
31 852
31 789
Living cost
10 400
10 400
10 400
10 400
Free-cash
20 054
19 798
21 452
21 389

Estimated living cost  is ₴10400 per week

₴6960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2559
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
₴10461
-₴2321
₴7746
₴9702
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
-
-
-
49 500
income
-
-
-
8 226
surtax
-
-
-
97
unemployment
-
-
-
3 008
chamber of commerce
-
-
-
198
health
-
-
-
3 787
pensions
-
-
-
9 157
total
-
-
-
24 473
Employee
24 510
19 545
38 361
-
other
245
195
383
-
unemployment
735
586
1 151
-
pensions
2 510
2 001
3 928
-
income
2 790
1 442
7 330
-
health
948
757
1 484
-
total
7 228
4 981
14 276
-
Employer
24 510
19 545
38 361
-
chamber of commerce
98
78
154
-
health
926
739
1 450
-
pensions
3 076
2 453
4 815
-
accident
318
254
499
-
unemployment
735
586
1 151
-
surtax
97
97
97
-
payroll
735
586
1 151
-
other
1 164
928
1 821
-
total
7 149
5 721
11 138
-
Corporate
17 840
24 233
36 501
-
income

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

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

4 460
6 058
9 126
-
total
4 460
6 058
9 126
-
Dividends
13 380
18 175
-
-
withholding
3 680
4 998
-
-
total
3 680
4 998
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 517
21 758
34 540
24 473
After tax
26 983
27 742
14 960
25 027
Living cost
17 281
17 281
17 281
17 281
Free-cash
9 702
10 461
-2 321
7 746

Estimated living cost  is ₴17281 per week

₴11526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
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.
₴3997
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
₴9878
₴1387
₴5312
₴2523
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
-
-
-
49 500
communal

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

-
-
-
2 505
social contributions
-
-
-
7 746
national
-
-
-
16 055
total
-
-
-
26 306
Employee

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

35 082
-
38 339
-
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.

305
-
333
-
communal

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

1 830
-
2 000
-
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.

2 631
-
2 876
-
national
10 785
-
12 060
-
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.

1 648
-
1 802
-
total
17 199
-
19 071
-
Employer

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

35 082
-
38 339
-
health

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

2 157
-
2 357
-
pensions

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

3 109
-
3 397
-
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.

456
-
499
-
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.

512
-
559
-
surtax
3 978
-
4 348
-
total
10 212
-
11 160
-
Corporate
4 207
49 500
-
-
income
841
9 900
-
-
surtax
17
198
-
-
total
858
10 098
-
-
Dividends
3 349
39 402
-
-
withholding

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

826
11 642
-
-
total
826
11 642
-
-
Income
49 500
49 500
49 500
49 500
Total tax
29 095
21 740
30 231
26 306
After tax
20 405
27 760
19 269
23 194
Living cost
17 882
17 882
17 882
17 882
Free-cash
2 523
9 878
1 387
5 312

Estimated living cost  is ₴17882 per week

₴11518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
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 Brussels model

Close
Barcelona , Spain
₴15639
₴8434
₴8882
₴11731
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
-
-
-
49 500
accident
-
-
-
410
income
-
-
-
9 268
other
-
-
-
46
unemployment
-
-
-
318
pensions
-
-
-
12 864
total
-
-
-
22 906
Employee
24 413
-
37 533
-
other
24
-
37
-
unemployment
379
-
582
-
pensions
1 148
-
1 764
-
income
5 151
-
9 005
-
total
6 702
-
11 388
-
Employer
24 413
-
37 533
-
pensions
5 761
-
8 858
-
accident
483
-
743
-
unemployment
1 343
-
2 064
-
other
195
-
301
-
total
7 782
-
11 966
-
Corporate
17 305
49 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 596
7 425
-
-
total
2 596
7 425
-
-
Dividends
14 710
42 075
-
-
withholding
2 977
8 724
-
-
total
2 977
8 724
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 057
16 149
23 354
22 906
After tax
29 443
33 351
26 146
26 594
Living cost
17 712
17 712
17 712
17 712
Free-cash
11 731
15 639
8 434
8 882

Estimated living cost  is ₴17712 per week

₴13043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1256
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.
₴3157
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
₴3632
₴3832
₴1623
₴265
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
-
-
-
49 500
communal
-
-
-
3 128
accident
-
-
-
417
income
-
-
-
4 327
surtax
-
-
-
2 454
health
-
-
-
3 478
pensions
-
-
-
7 420
total
-
-
-
21 224
Employee
37 141
-
44 215
-
pensions
2 971
-
3 538
-
surtax
2 277
-
2 709
-
income
3 587
-
5 515
-
health
1 653
-
1 968
-
total
10 488
-
13 730
-
Employer
37 141
-
44 215
-
health
1 133
-
1 349
-
pensions
2 971
-
3 538
-
accident
334
-
398
-
total
4 438
-
5 285
-
Corporate
7 922
49 500
-
-
communal
-
3 341
-
-
income
1 189
7 425
-
-
surtax
83
519
-
-
total
1 272
11 285
-
-
Dividends
6 650
38 214
-
-
income
5 386
2 198
-
-
withholding
998
5 732
-
-
total
6 384
7 930
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 582
19 215
19 015
21 224
After tax
26 918
30 285
30 485
28 276
Living cost
26 653
26 653
26 653
26 653
Free-cash
265
3 632
3 832
1 623

Estimated living cost  is ₴26653 per week

₴19993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4761
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
₴20119
₴13445
₴14405
₴18559
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
-
-
-
49 500
income
-
-
-
9 401
other
-
-
-
-
surtax
-
-
-
1 152
unemployment
-
-
-
112
health
-
-
-
3 514
pensions
-
-
-
9 900
total
-
-
-
24 079
Employee
16 516
-
40 892
-
other
-
-
-
-
unemployment
1 149
-
2 846
-
pensions
1 102
-
2 728
-
surtax
59
-
1 042
-
income
2 769
-
8 773
-
health
422
-
1 043
-
total
5 501
-
16 432
-
Employer
16 516
-
40 892
-
health
751
-
1 860
-
pensions
2 202
-
5 451
-
unemployment
524
-
1 296
-
other
-
-
-
-
total
3 477
-
8 607
-
Corporate
29 507
49 500
-
-
income
7 672
12 870
-
-
total
7 672
12 870
-
-
Dividends
21 835
36 630
-
-
withholding
3 275
5 495
-
-
total
3 275
5 495
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 925
18 365
25 039
24 079
After tax
29 575
31 135
24 461
25 421
Living cost
11 016
11 016
11 016
11 016
Free-cash
18 559
20 119
13 445
14 405

Estimated living cost  is ₴11016 per week

₴6651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3152
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
₴12808
₴9627
₴11970
₴11719
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
-
-
-
49 500
social contributions
-
-
-
12 731
regional
-
-
-
747
municipal
-
-
-
294
national
-
-
-
10 547
total
-
-
-
24 319
Employee
27 205
-
49 500
-
municipal
144
-
262
-
national
4 310
-
9 043
-
regional
366
-
666
-
social contributions
9 174
-
16 691
-
total
13 994
-
26 662
-
Employer
27 205
-
49 500
-
total
-
-
-
-
Corporate
22 295
49 500
-
-
municipal
1 108
2 460
-
-
nationa
5 351
11 880
-
-
total
6 459
14 340
-
-
Dividends
15 835
35 160
-
-
withholding
4 117
9 141
-
-
total
4 117
9 141
-
-
Income
49 500
49 500
49 500
49 500
Total tax
24 570
23 481
26 662
24 319
After tax
24 930
26 019
22 838
25 181
Living cost
13 211
13 211
13 211
13 211
Free-cash
11 719
12 808
9 627
11 970

Estimated living cost  is ₴13211 per week

₴8216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
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.
₴3431
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
₴19064
₴10102
₴9091
₴13707
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
-
-
-
49 500
income
-
-
-
4 255
social contributions
-
-
-
14 454
solidarity contribution
-
-
-
-
health
-
-
-
6 683
total
-
-
-
25 392
Employee
22 084
-
36 940
-
solidarity contribution
-
-
-
-
social contributions
1 435
-
2 401
-
income
2 650
-
4 433
-
health
2 981
-
4 987
-
total
7 066
-
11 821
-
Employer
22 084
-
36 940
-
health
1 988
-
3 325
-
social contributions
5 521
-
9 235
-
total
7 509
-
12 560
-
Corporate
19 908
49 500
-
-
income
3 782
9 405
-
-
total
3 782
9 405
-
-
Dividends
16 125
40 095
-
-
withholding
2 419
6 014
-
-
total
2 419
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 776
15 419
24 381
25 392
After tax
28 724
34 081
25 119
24 108
Living cost
15 017
15 017
15 017
15 017
Free-cash
13 707
19 064
10 102
9 091

Estimated living cost  is ₴15017 per week

₴11168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴2758
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
₴12148
-₴671
₴9477
₴11903
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
-
-
-
49 500
income
-
-
-
8 226
surtax
-
-
-
-
unemployment
-
-
-
3 008
chamber of commerce
-
-
-
198
health
-
-
-
3 787
pensions
-
-
-
9 157
total
-
-
-
24 376
Employee
21 439
19 545
38 438
-
other
214
195
384
-
unemployment
643
586
1 153
-
pensions
2 196
2 001
3 936
-
income
1 910
1 442
7 357
-
health
829
757
1 487
-
total
5 792
4 981
14 317
-
Employer
21 439
19 545
38 438
-
chamber of commerce
86
78
154
-
health
811
739
1 453
-
pensions
2 691
2 453
4 824
-
accident
278
254
500
-
unemployment
643
586
1 153
-
surtax
-
-
-
-
payroll
643
586
1 153
-
other
1 018
928
1 826
-
total
6 170
5 624
11 063
-
Corporate
21 892
24 330
36 576
-
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.

5 473
6 082
9 144
-
total
5 473
6 082
9 144
-
Dividends
16 419
18 248
-
-
withholding
4 515
5 018
-
-
total
4 515
5 018
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 950
21 705
34 524
24 376
After tax
27 550
27 795
14 976
25 124
Living cost
15 647
15 647
15 647
15 647
Free-cash
11 903
12 148
-671
9 477

Estimated living cost  is ₴15647 per week

₴9386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4384
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
₴40775
₴33350
₴42755
₴39603
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%.

-
-
-
49 500
microenterprise

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

-
-
-
495
total
-
-
-
495
Employee
7 813
-
49 500
-
income
1 563
-
9 900
-
total
1 563
-
9 900
-
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%.

41 687
49 500
-
-
total
-
-
-
-
Dividends
41 687
49 500
-
-
withholding
2 084
2 475
-
-
total
2 084
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
3 647
2 475
9 900
495
After tax
45 853
47 025
39 600
49 005
Living cost
6 250
6 250
6 250
6 250
Free-cash
39 603
40 775
33 350
42 755

Estimated living cost  is ₴6250 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
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.
₴1548
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
₴20926
₴11015
₴12435
₴16823
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.

-
-
-
49 500
income
-
-
-
9 925
unemployment
-
-
-
74
health
-
-
-
4 871
pensions
-
-
-
9 040
total
-
-
-
23 910
Employee

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

21 687
-
42 831
-
unemployment
31
-
60
-
pensions
3 362
-
6 639
-
income
3 740
-
9 194
-
health
1 401
-
2 767
-
total
8 534
-
18 660
-
Employer

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

21 687
-
42 831
-
health
1 444
-
2 853
-
pensions
1 919
-
3 791
-
unemployment
13
-
26
-
total
3 376
-
6 670
-
Corporate
24 436
49 500
-
-
income
4 643
9 405
-
-
total
4 643
9 405
-
-
Dividends
19 793
40 095
-
-
withholding
2 969
6 014
-
-
total
2 969
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 522
15 419
25 330
23 910
After tax
29 978
34 081
24 170
25 590
Living cost
13 155
13 155
13 155
13 155
Free-cash
16 823
20 926
11 015
12 435

Estimated living cost  is ₴13155 per week

₴9028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴843
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.
₴3029
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
₴8606
₴21432
₴12698
-₴24829
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
-
-
-
49 500
income
-
-
-
9 649
social contributions
-
-
-
5 643
total
-
-
-
15 292
Employee
30 842
-
-
-
social contributions
2 529
-
360
-
income
6 803
-
-
-
total
9 332
-
360
-
Employer
30 842
-
-
-
social contributions
43 487
-
6 198
-
total
43 487
-
6 198
-
Corporate
-
49 500
-
-
income
-
10 890
-
-
total
-
10 890
-
-
Dividends
-
38 610
-
-
income
-
8 494
-
-
total
-
8 494
-
-
Income
49 500
49 500
49 500
49 500
Total tax
52 819
19 384
6 558
15 292
After tax
-3 319
30 116
42 942
34 208
Living cost
21 510
21 510
21 510
21 510
Free-cash
-24 829
8 606
21 432
12 698

Estimated living cost  is ₴21510 per week

₴13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5256
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
₴12771
₴9740
₴12276
₴12278
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.

-
-
-
49 500
income
-
-
-
4 639
surtax
-
-
-
-
social contributions

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

-
-
-
17 201
total
-
-
-
21 840
Employee
22 556
-
40 000
-
surtax
-
-
-
-
social contributions
2 481
-
4 400
-
income
4 692
-
10 476
-
total
7 173
-
14 876
-
Employer
22 556
-
40 000
-
social contributions
5 357
-
9 500
-
total
5 357
-
9 500
-
Corporate
21 586
49 500
-
-
income
4 533
10 395
-
-
surtax
-
-
-
-
total
4 533
10 395
-
-
Dividends
17 053
39 105
-
-
withholding
4 775
10 950
-
-
total
4 775
10 950
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 838
21 345
24 376
21 840
After tax
27 662
28 155
25 124
27 660
Living cost
15 384
15 384
15 384
15 384
Free-cash
12 278
12 771
9 740
12 276

Estimated living cost  is ₴15384 per week

₴11510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2709
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
₴1260
₴7510
₴4803
₴4632
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
-
-
-
49 500
income
-
-
-
4 778
other
-
-
-
1 537
surtax
-
-
-
-
social contributions
-
-
-
1 410
health
-
-
-
942
pensions
-
-
-
12 342
total
-
-
-
21 009
Employee
30 717
-
40 177
-
pensions
3 474
-
1 913
-
surtax
-
-
-
-
social contributions
875
-
1 145
-
income
2 680
-
5 920
-
total
7 029
-
8 978
-
Employer
30 717
-
40 177
-
health
2 150
-
2 813
-
pensions
5 047
-
3 377
-
unemployment
1 244
-
1 627
-
social contributions
92
-
121
-
other
1 060
-
1 386
-
total
9 593
-
9 324
-
Corporate
9 189
49 500
-
-
income
2 573
13 860
-
-
surtax
-
-
-
-
total
2 573
13 860
-
-
Dividends
6 616
35 640
-
-
surtax
-
-
-
-
social contributions
1 138
6 130
-
-
withholding
847
4 562
-
-
total
1 985
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 180
24 552
18 302
21 009
After tax
28 320
24 948
31 198
28 491
Living cost
23 688
23 688
23 688
23 688
Free-cash
4 632
1 260
7 510
4 803

Estimated living cost  is ₴23688 per week

₴16031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴325
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.
₴5393
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
₴29808
₴24301
₴22986
₴28160
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
-
-
-
49 500
income
-
-
-
882
social contributions
-
-
-
10 890
total
-
-
-
11 772
Employee
15 767
-
42 858
-
income
-
-
1 029
-
social contributions
1 025
-
2 786
-
total
1 025
-
3 815
-
Employer
15 767
-
42 858
-
social contributions
2 444
-
6 642
-
total
2 444
-
6 642
-
Corporate
31 289
49 500
-
-
income
3 129
4 950
-
-
total
3 129
4 950
-
-
Dividends
28 160
44 550
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
6 598
4 950
10 457
11 772
After tax
42 902
44 550
39 043
37 728
Living cost
14 742
14 742
14 742
14 742
Free-cash
28 160
29 808
24 301
22 986

Estimated living cost  is ₴14742 per week

₴9532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1111
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.
₴3821
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
-₴57306
-₴57306
₴7067
-₴57306
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
-
-
-
49 500
labour market
-
-
-
3 926
municipal
-
-
-
9 217
national
-
-
-
5 257
pensions
-
-
-
425
total
-
-
-
18 825
Employee
99 646
99 646
99 646
-
municipal
21 219
21 219
21 219
-
labour market
7 960
7 960
7 960
-
pensions
142
142
142
-
national
12 174
12 174
12 174
-
total
41 495
41 495
41 495
-
Employer
99 646
99 646
99 646
-
national
12 195
12 195
12 195
-
labour market
7 972
7 972
7 972
-
pensions
283
283
283
-
municipal
21 253
21 253
21 253
-
total
41 703
41 703
41 703
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
83 198
83 198
83 198
18 825
After tax
-33 698
-33 698
-33 698
30 675
Living cost
23 608
23 608
23 608
23 608
Free-cash
-57 306
-57 306
-57 306
7 067

Estimated living cost  is ₴23608 per week

₴16158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴363
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.
₴4999
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
-₴6745
₴14803
₴23221
₴2359
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
-
-
-
49 500
accident
-
-
-
125
income
-
-
-
12 069
other
-
-
-
184
health
-
-
-
1 082
pensions
-
-
-
2 064
total
-
-
-
15 524
Employee
16 918
-
42 291
-
pensions
1 905
-
3 785
-
income
2 321
-
8 107
-
health
1 937
-
4 842
-
total
6 163
-
16 734
-
Employer
16 918
-
42 291
-
pensions
2 751
-
5 466
-
accident
282
-
706
-
unemployment
415
-
1 036
-
total
3 448
-
7 208
-
Corporate
29 134
49 500
-
-
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.

26 221
44 550
-
-
total
26 221
44 550
-
-
Dividends
2 913
4 950
-
-
withholding
554
940
-
-
total
554
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
36 386
45 490
23 942
15 524
After tax
13 114
4 010
25 558
33 976
Living cost
10 755
10 755
10 755
10 755
Free-cash
2 359
-6 745
14 803
23 221

Estimated living cost  is ₴10755 per week

₴7828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴613
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.
₴2112
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
₴14048
₴9373
₴16270
₴13029
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

-
-
-
49 500
health
-
-
-
557
municipal
-
-
-
8 810
national
-
-
-
5 034
total
-
-
-
14 401
Employee
25 803
-
41 641
-
municipal
4 226
-
6 799
-
unemployment
387
-
625
-
pensions
1 741
-
2 811
-
national
426
-
2 768
-
health
193
-
436
-
total
6 973
-
13 439
-
Employer
25 803
-
41 641
-
health
198
-
321
-
pensions
4 477
-
7 225
-
accident
26
-
42
-
unemployment
168
-
271
-
total
4 869
-
7 859
-
Corporate
18 828
49 500
-
-
income
3 766
9 900
-
-
total
3 766
9 900
-
-
Dividends

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

11 297
29 700
-
-
municipal
2 034
5 346
-
-
national
-
1 377
-
-
total
2 034
6 723
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 642
16 623
21 298
14 401
After tax
31 858
32 877
28 202
35 099
Living cost
18 829
18 829
18 829
18 829
Free-cash
13 029
14 048
9 373
16 270

Estimated living cost  is ₴18829 per week

₴12299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4420
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
₴24876
₴23648
₴23698
₴22208
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
-
-
-
49 500
income
-
-
-
5 463
social contributions
-
-
-
7 722
health
-
-
-
1 262
total
-
-
-
14 447
Employee
37 713
37 713
44 939
-
social contributions
1 426
3 130
3 730
-
income
4 106
3 491
5 442
-
health
292
641
764
-
total
5 824
7 262
9 936
-
Employer
37 713
37 713
44 939
-
health
317
698
831
-
social contributions
1 426
3 130
3 730
-
total
1 743
3 828
4 561
-
Corporate
30 577
7 959
-
-
income
3 822
995
-
-
total
3 822
995
-
-
Dividends
26 755
6 965
-
-
withholding
4 548
1 184
-
-
total
4 548
1 184
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 937
13 269
14 497
14 447
After tax
33 563
36 231
35 003
35 053
Living cost
11 355
11 355
11 355
11 355
Free-cash
22 208
24 876
23 648
23 698

Estimated living cost  is ₴11355 per week

₴6805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1114
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.
₴3185
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
₴33204
₴22742
₴32072
₴30708
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
-
-
-
49 500
income
-
-
-
4 732
unemployment
-
-
-
14
health
-
-
-
1 775
pensions
-
-
-
3 120
total
-
-
-
9 641
Employee

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

11 257
-
44 878
-
unemployment
56
-
224
-
pensions
1 688
-
6 732
-
income
770
-
3 579
-
health
957
-
3 815
-
total
3 471
-
14 350
-
Employer

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

11 257
-
44 878
-
health
484
-
1 929
-
pensions
619
-
2 468
-
unemployment
56
-
224
-
total
1 159
-
4 621
-
Corporate
37 084
49 500
-
-
income
3 338
4 455
-
-
total
3 338
4 455
-
-
Dividends
33 746
45 045
-
-
withholding
3 037
4 054
-
-
total
3 037
4 054
-
-
Income
49 500
49 500
49 500
49 500
Total tax
11 005
8 509
18 971
9 641
After tax
38 495
40 991
30 529
39 859
Living cost
7 787
7 787
7 787
7 787
Free-cash
30 708
33 204
22 742
32 072

Estimated living cost  is ₴7787 per week

₴4968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
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.
₴2025
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
₴19864
₴12659
₴13107
₴17292
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
-
-
-
49 500
accident
-
-
-
410
income
-
-
-
9 268
other
-
-
-
46
unemployment
-
-
-
318
pensions
-
-
-
12 864
total
-
-
-
22 906
Employee
18 134
-
37 533
-
other
18
-
37
-
unemployment
281
-
582
-
pensions
853
-
1 764
-
income
3 496
-
9 005
-
total
4 648
-
11 388
-
Employer
18 134
-
37 533
-
pensions
4 279
-
8 858
-
accident
359
-
743
-
unemployment
998
-
2 064
-
other
145
-
301
-
total
5 781
-
11 966
-
Corporate
25 584
49 500
-
-
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.

3 837
7 425
-
-
total
3 837
7 425
-
-
Dividends
21 747
42 075
-
-
withholding
4 455
8 724
-
-
total
4 455
8 724
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 721
16 149
23 354
22 906
After tax
30 779
33 351
26 146
26 594
Living cost
13 487
13 487
13 487
13 487
Free-cash
17 292
19 864
12 659
13 107

Estimated living cost  is ₴13487 per week

₴9103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
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.
₴2851
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
₴29927
₴30582
₴30650
₴29770
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
-
-
-
49 500
income
-
-
-
16 680
health
-
-
-
508
pensions
-
-
-
701
total
-
-
-
17 889
Employee
1 464
-
48 711
-
unemployment
15
-
35
-
pensions
132
-
315
-
income
283
-
16 643
-
health
73
-
175
-
total
503
-
17 168
-
Employer
1 464
-
48 711
-
health
139
-
333
-
pensions
161
-
386
-
unemployment
29
-
70
-
total
329
-
789
-
Corporate
47 707
49 500
-
-
income
10 495
10 890
-
-
total
10 495
10 890
-
-
Dividends
37 211
38 610
-
-
withholding
7 442
7 722
-
-
total
7 442
7 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 769
18 612
17 957
17 889
After tax
30 731
30 888
31 543
31 611
Living cost
961
961
961
961
Free-cash
29 770
29 927
30 582
30 650

Estimated living cost  is ₴961 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴27284
₴17764
₴17764
₴24870
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.

-
-
-
49 500
income
-
-
-
9 558
unemployment
-
-
-
544
health
-
-
-
3 732
pensions
-
-
-
9 422
total
-
-
-
23 256
Employee

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

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

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

12 787
-
43 013
-
unemployment
96
-
272
-
pensions
1 790
-
5 073
-
income
1 763
-
9 558
-
health
659
-
1 866
-
total
4 308
-
16 769
-
Employer

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

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

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

12 787
-
43 013
-
health
659
-
1 866
-
pensions
1 534
-
4 349
-
unemployment
96
-
272
-
total
2 289
-
6 487
-
Corporate
34 424
49 500
-
-
income
5 164
7 425
-
-
total
5 164
7 425
-
-
Dividends
29 260
42 075
-
-
withholding
4 389
6 311
-
-
total
4 389
6 311
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 150
13 736
23 256
23 256
After tax
33 350
35 764
26 244
26 244
Living cost
8 480
8 480
8 480
8 480
Free-cash
24 870
27 284
17 764
17 764

Estimated living cost  is ₴8480 per week

₴5709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴656
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.
₴1869
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
₴14933
₴11902
₴14438
₴14758
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.

-
-
-
49 500
income
-
-
-
4 639
surtax
-
-
-
-
social contributions

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

-
-
-
17 201
total
-
-
-
21 840
Employee
19 035
-
40 000
-
surtax
-
-
-
-
social contributions
2 094
-
4 400
-
income
3 719
-
10 476
-
total
5 813
-
14 876
-
Employer
19 035
-
40 000
-
social contributions
4 520
-
9 500
-
total
4 520
-
9 500
-
Corporate
25 944
49 500
-
-
income
5 448
10 395
-
-
surtax
-
-
-
-
total
5 448
10 395
-
-
Dividends
20 496
39 105
-
-
withholding
5 739
10 950
-
-
total
5 739
10 950
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 520
21 345
24 376
21 840
After tax
27 980
28 155
25 124
27 660
Living cost
13 222
13 222
13 222
13 222
Free-cash
14 758
14 933
11 902
14 438

Estimated living cost  is ₴13222 per week

₴9365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
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.
₴2705
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
₴16115
₴8910
₴9358
₴12374
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
-
-
-
49 500
accident
-
-
-
410
income
-
-
-
9 268
other
-
-
-
46
unemployment
-
-
-
318
pensions
-
-
-
12 864
total
-
-
-
22 906
Employee
23 686
-
37 533
-
other
23
-
37
-
unemployment
367
-
582
-
pensions
1 113
-
1 764
-
income
4 947
-
9 005
-
total
6 450
-
11 388
-
Employer
23 686
-
37 533
-
pensions
5 590
-
8 858
-
accident
469
-
743
-
unemployment
1 303
-
2 064
-
other
190
-
301
-
total
7 552
-
11 966
-
Corporate
18 262
49 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 739
7 425
-
-
total
2 739
7 425
-
-
Dividends
15 523
42 075
-
-
withholding
3 149
8 724
-
-
total
3 149
8 724
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 890
16 149
23 354
22 906
After tax
29 610
33 351
26 146
26 594
Living cost
17 236
17 236
17 236
17 236
Free-cash
12 374
16 115
8 910
9 358

Estimated living cost  is ₴17236 per week

₴12378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3275
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
₴33886
₴30609
₴29065
₴30897
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
-
-
-
49 500
income
-
-
-
7 425
unemployment
-
-
-
69
health
-
-
-
1 970
pensions

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

-
-
-
2 535
total
-
-
-
11 999
Employee
11 170
-
46 139
-
accident

We are using the highest rate at 1.1%.

123
-
188
-
pensions

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

981
-
1 504
-
income
1 117
-
4 614
-
health
514
-
788
-
total
2 735
-
7 094
-
Employer
11 170
-
46 139
-
health
771
-
1 182
-
pensions

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

1 231
-
1 888
-
accident

We are using the highest rate at 1.1%.

123
-
188
-
unemployment
67
-
103
-
total
2 192
-
3 361
-
Corporate
36 138
49 500
-
-
income
3 614
4 950
-
-
total
3 614
4 950
-
-
Dividends
32 525
44 550
-
-
withholding
1 626
2 228
-
-
total
1 626
2 228
-
-
Income
49 500
49 500
49 500
49 500
Total tax
10 167
7 178
10 455
11 999
After tax
39 333
42 322
39 045
37 501
Living cost
8 436
8 436
8 436
8 436
Free-cash
30 897
33 886
30 609
29 065

Estimated living cost  is ₴8436 per week

₴5579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2173
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
₴6601
₴16250
₴12419
₴13014
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.

-
-
-
49 500
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.

-
-
-
10 393
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.

-
-
-
571
health

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

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

-
-
-
3 351
trade
-
-
-
3 831
total
-
-
-
18 146
Employee

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

24 402
-
49 500
-
surtax

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

111
-
571
-
income

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

2 007
-
10 393
-
health

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

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

3 351
-
3 351
-
total
5 469
-
14 315
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 098
49 500
-
-
income
3 765
7 425
-
-
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.

207
409
-
-
chamber of commerce
112
147
-
-
trade
3 602
7 103
-
-
total
7 686
15 084
-
-
Dividends
17 413
34 416
-
-
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.

229
463
-
-
withholding
4 167
8 417
-
-
total
4 396
8 880
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 551
23 964
14 315
18 146
After tax
31 949
25 536
35 185
31 354
Living cost
18 935
18 935
18 935
18 935
Free-cash
13 014
6 601
16 250
12 419

Estimated living cost  is ₴18935 per week

₴13061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3561
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
₴6712
₴5458
₴5458
₴7795
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
-
-
-
49 500
income
-
-
-
11 693
social contributions
-
-
-
4 411
total
-
-
-
16 104
Employee
38 363
-
49 500
-
income
7 239
-
11 693
-
social contributions
3 187
-
4 411
-
total
10 426
-
16 104
-
Employer
38 363
-
49 500
-
total
-
-
-
-
Corporate
11 137
49 500
-
-
income
1 392
6 187
-
-
total
1 392
6 187
-
-
Dividends
9 744
43 313
-
-
withholding
1 949
8 663
-
-
total
1 949
8 663
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 767
14 850
16 104
16 104
After tax
35 733
34 650
33 396
33 396
Living cost
27 938
27 938
27 938
27 938
Free-cash
7 795
6 712
5 458
5 458

Estimated living cost  is ₴27938 per week

₴21254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
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.
₴4140
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
₴11781
₴18558
₴14752
₴13674
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.

-
-
-
49 500
income
-
-
-
13 961
health

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

-
-
-
2 984
total
-
-
-
16 945
Employee
22 499
-
47 244
-
income
2 441
-
8 627
-
social contributions
2 254
-
2 256
-
total
4 695
-
10 883
-
Employer
22 499
-
47 244
-
social contributions
2 254
-
2 256
-
total
2 254
-
2 256
-
Corporate
24 747
49 500
-
-
income
8 661
17 325
-
-
total
8 661
17 325
-
-
Dividends
16 086
32 175
-
-
social contributions
2 413
2 591
-
-
total
2 413
2 591
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 023
19 916
13 139
16 945
After tax
31 477
29 584
36 361
32 555
Living cost
17 803
17 803
17 803
17 803
Free-cash
13 674
11 781
18 558
14 752

Estimated living cost  is ₴17803 per week

₴11727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
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.
₴4399
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
₴18203
₴12848
₴17445
₴16198
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
-
-
-
49 500
income
-
-
-
10 280
pensions
-
-
-
3 640
total
-
-
-
13 920
Employee
24 893
-
43 579
-
pensions
1 900
-
4 143
-
income
4 533
-
7 746
-
health
325
-
707
-
total
6 758
-
12 596
-
Employer
24 893
-
43 579
-
health
473
-
828
-
pensions
2 515
-
5 093
-
total
2 988
-
5 921
-
Corporate
21 619
49 500
-
-
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.

4 107
9 405
-
-
total
4 107
9 405
-
-
Dividends
17 512
40 095
-
-
withholding
1 314
3 757
-
-
total
1 314
3 757
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 167
13 162
18 517
13 920
After tax
34 333
36 338
30 983
35 580
Living cost
18 135
18 135
18 135
18 135
Free-cash
16 198
18 203
12 848
17 445

Estimated living cost  is ₴18135 per week

₴12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴227
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3799
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
-₴7810
₴13738
₴22156
₴2197
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
-
-
-
49 500
accident
-
-
-
125
income
-
-
-
12 069
other
-
-
-
184
health
-
-
-
1 082
pensions
-
-
-
2 064
total
-
-
-
15 524
Employee
18 593
-
42 291
-
pensions
2 094
-
3 785
-
income
2 551
-
8 107
-
health
2 129
-
4 842
-
total
6 774
-
16 734
-
Employer
18 593
-
42 291
-
pensions
3 023
-
5 466
-
accident
310
-
706
-
unemployment
455
-
1 036
-
total
3 788
-
7 208
-
Corporate
27 118
49 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

24 406
44 550
-
-
total
24 406
44 550
-
-
Dividends
2 712
4 950
-
-
withholding
515
940
-
-
total
515
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
35 483
45 490
23 942
15 524
After tax
14 017
4 010
25 558
33 976
Living cost
11 820
11 820
11 820
11 820
Free-cash
2 197
-7 810
13 738
22 156

Estimated living cost  is ₴11820 per week

₴8674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴689
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.
₴2218
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
₴35032
₴24494
₴21661
₴33068
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.

-
-
-
49 500
income
-
-
-
7 604
unemployment
-
-
-
594
work injury
-
-
-
248
health insurance
-
-
-
3 663
pensions
-
-
-
9 108
total
-
-
-
21 217
Employee

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

10 595
-
49 500
-
health insurance
784
-
2 901
-
unemployment
127
-
470
-
work injury
53
-
196
-
pensions
1 950
-
7 213
-
income
1 060
-
7 604
-
total
3 974
-
18 384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 905
49 500
-
-
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%.

-
495
-
-
total
-
495
-
-
Dividends
38 905
49 005
-
-
withholding
5 836
7 351
-
-
total
5 836
7 351
-
-
Income
49 500
49 500
49 500
49 500
Total tax
9 810
7 846
18 384
21 217
After tax
39 690
41 654
31 116
28 283
Living cost
6 622
6 622
6 622
6 622
Free-cash
33 068
35 032
24 494
21 661

Estimated living cost  is ₴6622 per week

₴4102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1832
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
₴6535
₴3096
₴5360
₴4305
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
-
-
-
49 500
social contributions
-
-
-
12 731
regional
-
-
-
993
municipal
-
-
-
331
national
-
-
-
10 547
total
-
-
-
24 602
Employee
41 328
-
49 500
-
municipal
247
-
295
-
national
6 984
-
9 043
-
regional
624
-
837
-
social contributions
13 935
-
16 691
-
total
21 790
-
26 866
-
Employer
41 328
-
49 500
-
total
-
-
-
-
Corporate
8 172
49 500
-
-
municipal
394
2 386
-
-
nationa
1 961
11 880
-
-
total
2 355
14 266
-
-
Dividends
5 818
35 233
-
-
withholding
1 512
9 161
-
-
total
1 512
9 161
-
-
Income
49 500
49 500
49 500
49 500
Total tax
25 657
23 427
26 866
24 602
After tax
23 843
26 073
22 634
24 898
Living cost
19 538
19 538
19 538
19 538
Free-cash
4 305
6 535
3 096
5 360

Estimated living cost  is ₴19538 per week

₴13724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴4174
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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