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

Valencia , Spain
₴23334
₴18182
₴19458
₴24677
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
unemployment
-
-
-
197
income
-
-
-
13 215
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
21 675
Employee
11 250
-
40 510
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
12 170
-
other
11
-
28
-
total
2 883
-
13 961
-
Employer
11 250
-
40 510
-
pensions
2 655
-
6 655
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 990
-
Corporate
34 663
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.

5 199
7 425
-
-
total
5 199
7 425
-
-
Dividends
29 464
42 075
-
-
withholding
6 130
9 031
-
-
total
6 130
9 031
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 799
16 456
22 951
21 675
After tax
31 701
33 044
26 549
27 825
Living cost
8 367
8 367
8 367
8 367
Free-cash
23 334
24 677
18 182
19 458

Estimated living cost  is ₴8367 per week

₴5647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴26207
₴20044
₴18802
₴28261
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
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.

-
-
-
11 104
income
-
-
-
7 253
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
22 591
Employee
11 047
-
39 536
-
health
155
-
554
-
unemployment
110
-
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.

773
-
2 767
-
income
1 902
-
7 668
-
total
2 940
-
11 385
-
Employer
11 047
-
39 536
-
health
155
-
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.

1 878
-
6 721
-
accident
88
-
316
-
unemployment
110
-
396
-
other
553
-
1 977
-
total
2 784
-
9 964
-
Corporate
35 669
49 500
-
-
income
7 490
10 395
-
-
total
7 490
10 395
-
-
Dividends
28 178
39 105
-
-
withholding
1 972
2 737
-
-
total
1 972
2 737
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 186
13 132
21 349
22 591
After tax
34 314
36 368
28 151
26 909
Living cost
8 107
8 107
8 107
8 107
Free-cash
26 207
28 261
20 044
18 802

Estimated living cost  is ₴8107 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴36923
₴37148
₴35252
₴38335
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
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
7 425
health
-
-
-
1 222
total
-
-
-
10 261
Employee
5 280
-
47 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
4 741
-
total
1 293
-
6 280
-
Employer
5 280
-
47 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
43 184
49 500
-
-
income
4 318
4 950
-
-
total
4 318
4 950
-
-
Dividends
38 866
44 550
-
-
withholding
1 943
2 228
-
-
total
1 943
2 228
-
-
Income
49 500
49 500
49 500
49 500
Total tax
8 590
7 178
8 365
10 261
After tax
40 910
42 322
41 135
39 239
Living cost
3 987
3 987
3 987
3 987
Free-cash
36 923
38 335
37 148
35 252

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴16338
₴17249
₴17550
₴14537
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
-
-
-
7 412
other
-
-
-
1 535
health
-
-
-
1 965
social contributions
-
-
-
1 411
pensions
-
-
-
9 217
surtax
-
-
-
-
total
-
-
-
21 540
Employee
13 022
-
38 585
-
pensions
1 472
-
2 569
-
income
768
-
7 259
-
social contributions
371
-
1 099
-
surtax
-
-
-
-
total
2 611
-
10 927
-
Employer
13 022
-
38 585
-
health
912
-
3 435
-
social contributions
39
-
115
-
pensions
2 139
-
4 345
-
unemployment
527
-
1 563
-
other
449
-
1 456
-
total
4 066
-
10 914
-
Corporate
32 412
49 500
-
-
income
9 075
13 860
-
-
surtax
-
-
-
-
total
9 075
13 860
-
-
Dividends
23 337
35 640
-
-
social contributions
4 013
6 131
-
-
surtax
-
-
-
-
withholding
2 987
4 562
-
-
total
7 000
10 693
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 752
24 553
21 841
21 540
After tax
26 748
24 947
27 659
27 960
Living cost
10 410
10 410
10 410
10 410
Free-cash
16 338
14 537
17 249
17 550

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴9837
₴17736
₴14866
₴11701
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
pensions
-
-
-
3 565
income
-
-
-
14 571
health
-
-
-
3 752
total
-
-
-
21 888
Employee
25 982
25 982
43 846
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
6 047
-
total
12 918
11 210
13 364
-
Employer
25 982
25 982
43 846
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
19 287
18 968
-
-
income
3 857
3 793
-
-
total
3 857
3 793
-
-
Dividends
15 429
15 175
-
-
income
3 279
3 225
-
-
withholding
2 314
2 276
-
-
total
5 593
5 501
-
-
Income
49 500
49 500
49 500
49 500
Total tax
26 917
25 053
19 018
21 888
After tax
22 583
24 447
30 482
27 612
Living cost
12 746
12 746
12 746
12 746
Free-cash
9 837
11 701
17 736
14 866

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴19122
₴22542
₴16974
₴15758
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
trade
-
-
-
5 568
income

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

-
-
-
14 847
health

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

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

-
-
-
2 079
surtax

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

-
-
-
816
total
-
-
-
23 310
Employee

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

11 637
-
49 500
-
health

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

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

2 079
-
2 079
-
income

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

325
-
14 847
-
surtax

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

18
-
816
-
total
2 422
-
17 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 863
49 500
-
-
income
5 680
7 425
-
-
trade
5 963
7 796
-
-
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.

312
408
-
-
chamber of commerce
100
117
-
-
total
12 055
15 746
-
-
Dividends
25 807
33 753
-
-
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.

349
458
-
-
withholding
6 336
8 322
-
-
total
6 685
8 780
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 162
24 526
17 742
23 310
After tax
28 338
24 974
31 758
26 190
Living cost
9 216
9 216
9 216
9 216
Free-cash
19 122
15 758
22 542
16 974

Estimated living cost  is ₴9216 per week

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

Additional information

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

Larnaca , Cyprus
₴27424
₴26548
₴26994
₴29079
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
-
-
-
9 277
health
-
-
-
1 262
social contributions
-
-
-
4 923
total
-
-
-
15 462
Employee
23 396
23 396
46 029
-
health
181
398
782
-
income
2 547
2 166
9 036
-
social contributions
885
1 942
2 619
-
total
3 613
4 506
12 437
-
Employer
23 396
23 396
46 029
-
health
197
433
852
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 471
-
Corporate
37 761
23 729
-
-
income
4 720
2 966
-
-
total
4 720
2 966
-
-
Dividends
33 041
20 763
-
-
withholding
5 617
3 530
-
-
total
5 617
3 530
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 032
13 377
15 908
15 462
After tax
34 468
36 123
33 592
34 038
Living cost
7 044
7 044
7 044
7 044
Free-cash
27 424
29 079
26 548
26 994

Estimated living cost  is ₴7044 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴18306
₴13476
₴17120
₴18612
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
-
-
-
5 635
social contributions

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

-
-
-
17 201
surtax
-
-
-
-
total
-
-
-
22 836
Employee
13 993
-
40 000
-
income
2 911
-
12 580
-
social contributions
1 539
-
4 400
-
surtax
-
-
-
-
total
4 450
-
16 980
-
Employer
13 993
-
40 000
-
social contributions
3 323
-
9 500
-
total
3 323
-
9 500
-
Corporate
32 183
49 500
-
-
income
6 758
10 395
-
-
surtax
-
-
-
-
total
6 758
10 395
-
-
Dividends
25 425
39 105
-
-
withholding
7 119
10 949
-
-
total
7 119
10 949
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 650
21 344
26 480
22 836
After tax
27 850
28 156
23 020
26 664
Living cost
9 544
9 544
9 544
9 544
Free-cash
18 306
18 612
13 476
17 120

Estimated living cost  is ₴9544 per week

₴7140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴44225
₴37242
₴46647
₴44667
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
2 948
-
49 500
-
income
589
-
9 900
-
total
589
-
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%.

46 552
49 500
-
-
total
-
-
-
-
Dividends
46 552
49 500
-
-
withholding
2 328
2 475
-
-
total
2 328
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
2 917
2 475
9 900
495
After tax
46 583
47 025
39 600
49 005
Living cost
2 358
2 358
2 358
2 358
Free-cash
44 225
44 667
37 242
46 647

Estimated living cost  is ₴2358 per week

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

Additional information

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

Ljubljana , Slovenia
₴23374
₴14911
₴16223
₴25920
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
pensions
-
-
-
9 040
unemployment
-
-
-
74
income
-
-
-
11 131
health
-
-
-
4 871
total
-
-
-
25 116
Employee

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

13 454
-
42 831
-
health
869
-
2 767
-
unemployment
19
-
60
-
pensions
2 086
-
6 639
-
income
2 320
-
10 293
-
total
5 294
-
19 759
-
Employer

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

13 454
-
42 831
-
health
896
-
2 852
-
pensions
1 191
-
3 791
-
unemployment
8
-
26
-
total
2 095
-
6 669
-
Corporate
33 951
49 500
-
-
income
6 451
9 405
-
-
total
6 451
9 405
-
-
Dividends
27 501
40 095
-
-
withholding
4 125
6 014
-
-
total
4 125
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 965
15 419
26 428
25 116
After tax
31 535
34 081
23 072
24 384
Living cost
8 161
8 161
8 161
8 161
Free-cash
23 374
25 920
14 911
16 223

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴20587
₴24400
₴27870
₴19523
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
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 957
-
48 100
-
social contributions
1 398
-
1 400
-
income
1 514
-
11 255
-
total
2 912
-
12 655
-
Employer
13 957
-
48 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
34 144
49 500
-
-
income
11 951
17 325
-
-
total
11 951
17 325
-
-
Dividends
22 194
32 175
-
-
social contributions
1 607
1 607
-
-
total
1 607
1 607
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 868
18 932
14 055
10 585
After tax
31 632
30 568
35 445
38 915
Living cost
11 045
11 045
11 045
11 045
Free-cash
20 587
19 523
24 400
27 870

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴23905
₴24436
₴25337
₴23748
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
health
-
-
-
3 455
social contributions
-
-
-
6 831
total
-
-
-
17 711
Employee
10 316
-
49 500
-
health
720
-
3 455
-
income
1 721
-
8 326
-
social contributions
1 424
-
6 831
-
total
3 865
-
18 612
-
Employer
10 316
-
49 500
-
total
-
-
-
-
Corporate
39 184
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%.

1 959
2 475
-
-
total
1 959
2 475
-
-
Dividends
37 225
47 025
-
-
social contributions
5 137
6 489
-
-
withholding
5 584
7 054
-
-
health
2 598
3 282
-
-
total
13 319
16 825
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 143
19 300
18 612
17 711
After tax
30 357
30 200
30 888
31 789
Living cost
6 452
6 452
6 452
6 452
Free-cash
23 905
23 748
24 436
25 337

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴22526
₴17247
₴19424
₴25564
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
-
-
-
4 931
health
-
-
-
6 682
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
-
total
-
-
-
21 559
Employee
12 525
-
37 601
-
health
1 691
-
5 076
-
solidarity contribution
-
-
-
-
income
1 503
-
4 547
-
social contributions
814
-
2 214
-
total
4 008
-
11 837
-
Employer
12 525
-
37 601
-
health
1 127
-
3 384
-
social contributions
3 131
-
8 515
-
total
4 258
-
11 899
-
Corporate
32 716
49 500
-
-
income
6 216
9 405
-
-
total
6 216
9 405
-
-
Dividends
26 500
40 095
-
-
withholding
3 975
6 014
-
-
total
3 975
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 457
15 419
23 736
21 559
After tax
31 043
34 081
25 764
27 941
Living cost
8 517
8 517
8 517
8 517
Free-cash
22 526
25 564
17 247
19 424

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴42661
₴35925
₴45330
₴43350
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
4 594
-
49 500
-
income
919
-
9 900
-
total
919
-
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%.

44 906
49 500
-
-
total
-
-
-
-
Dividends
44 906
49 500
-
-
withholding
2 245
2 475
-
-
total
2 245
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
3 164
2 475
9 900
495
After tax
46 336
47 025
39 600
49 005
Living cost
3 675
3 675
3 675
3 675
Free-cash
42 661
43 350
35 925
45 330

Estimated living cost  is ₴3675 per week

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

Additional information

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

Paris , France
₴12343
₴12964
₴13265
₴10252
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
-
-
-
7 412
other
-
-
-
1 535
health
-
-
-
1 965
social contributions
-
-
-
1 411
pensions
-
-
-
9 217
surtax
-
-
-
-
total
-
-
-
21 540
Employee
19 056
-
38 585
-
pensions
2 155
-
2 569
-
income
1 663
-
7 259
-
social contributions
543
-
1 099
-
surtax
-
-
-
-
total
4 361
-
10 927
-
Employer
19 056
-
38 585
-
health
1 334
-
3 435
-
social contributions
57
-
115
-
pensions
3 131
-
4 345
-
unemployment
772
-
1 563
-
other
658
-
1 456
-
total
5 952
-
10 914
-
Corporate
24 492
49 500
-
-
income
6 858
13 860
-
-
surtax
-
-
-
-
total
6 858
13 860
-
-
Dividends
17 635
35 640
-
-
social contributions
3 034
6 131
-
-
surtax
-
-
-
-
withholding
2 257
4 562
-
-
total
5 291
10 693
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 462
24 553
21 841
21 540
After tax
27 038
24 947
27 659
27 960
Living cost
14 695
14 695
14 695
14 695
Free-cash
12 343
10 252
12 964
13 265

Estimated living cost  is ₴14695 per week

₴9945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴29027
₴24671
₴24672
₴30518
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
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
11 108
health
-
-
-
2 309
total
-
-
-
19 582
Employee

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

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

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

7 911
-
45 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
11 108
-
total
2 664
-
15 570
-
Employer

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

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

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

7 911
-
45 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
40 173
49 500
-
-
income
6 026
7 425
-
-
total
6 026
7 425
-
-
Dividends
34 147
42 075
-
-
withholding
5 122
6 311
-
-
total
5 122
6 311
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 227
13 736
19 583
19 582
After tax
34 273
35 764
29 917
29 918
Living cost
5 246
5 246
5 246
5 246
Free-cash
29 027
30 518
24 671
24 672

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴10797
₴16972
₴19210
₴1947
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
pensions
-
-
-
4 554
city
-
-
-
522
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
health
-
-
-
112
regional
-
-
-
2 509
national
-
-
-
914
total
-
-
-
9 601
Employee
24 212
-
44 305
-
health
55
-
100
-
unemployment
-
-
-
-
city
260
-
476
-
pensions
2 034
-
3 722
-
regional
793
-
2 163
-
national
115
-
670
-
total
3 257
-
7 131
-
Employer
24 212
-
44 305
-
health
55
-
100
-
pensions
2 034
-
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.

484
-
886
-
total
2 573
-
4 708
-
Corporate
22 449
49 500
-
-
regional
4 748
10 469
-
-
national
1 908
4 207
-
-
total
6 656
14 676
-
-
Dividends
15 793
34 823
-
-
withholding
5 528
12 188
-
-
total
5 528
12 188
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 014
26 864
11 839
9 601
After tax
31 486
22 636
37 661
39 899
Living cost
20 689
20 689
20 689
20 689
Free-cash
10 797
1 947
16 972
19 210

Estimated living cost  is ₴20689 per week

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

Additional information

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

Helsinki , Finland
₴20259
₴14545
₴20841
₴19591
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
municipal
-
-
-
8 796
health
-
-
-
635
national
-
-
-
7 547
total
-
-
-
16 978
Employee
16 007
-
41 642
-
health
120
-
514
-
unemployment
240
-
625
-
pensions
1 080
-
2 811
-
national
264
-
4 681
-
municipal
2 622
-
6 785
-
total
4 326
-
15 416
-
Employer
16 007
-
41 642
-
health
123
-
320
-
pensions
2 777
-
7 225
-
accident
16
-
42
-
unemployment
104
-
271
-
total
3 020
-
7 858
-
Corporate
30 472
49 500
-
-
income
6 094
9 900
-
-
total
6 094
9 900
-
-
Dividends

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

18 283
29 700
-
-
municipal
3 291
5 346
-
-
national
829
2 982
-
-
total
4 120
8 328
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 560
18 228
23 274
16 978
After tax
31 940
31 272
26 226
32 522
Living cost
11 681
11 681
11 681
11 681
Free-cash
20 259
19 591
14 545
20 841

Estimated living cost  is ₴11681 per week

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

Additional information

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

Brussels , Belgium
₴12036
₴6564
₴10339
₴16598
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.

-
-
-
2 515
social contributions
-
-
-
7 586
national
-
-
-
17 966
total
-
-
-
28 067
Employee

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

21 764
-
38 340
-
health

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

1 023
-
1 802
-
communal

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

1 135
-
1 999
-
unemployment

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

189
-
334
-
pensions

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

1 632
-
2 875
-
national
6 691
-
13 673
-
total
10 670
-
20 683
-
Employer

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

21 764
-
38 340
-
health

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

1 338
-
2 357
-
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.

1 928
-
3 397
-
surtax
2 468
-
4 348
-
accident

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

283
-
498
-
unemployment

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

318
-
559
-
total
6 335
-
11 159
-
Corporate
21 401
49 500
-
-
income
4 280
9 900
-
-
surtax
85
198
-
-
total
4 365
10 098
-
-
Dividends
17 036
39 402
-
-
withholding

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

5 000
11 710
-
-
total
5 000
11 710
-
-
Income
49 500
49 500
49 500
49 500
Total tax
26 370
21 808
31 842
28 067
After tax
23 130
27 692
17 658
21 433
Living cost
11 094
11 094
11 094
11 094
Free-cash
12 036
16 598
6 564
10 339

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴13525
₴12435
₴12755
₴13822
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
unemployment
-
-
-
29
municipal
-
-
-
12 261
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
2 894
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
23 540
Employee
18 816
-
40 407
-
national
-
-
2 717
-
municipal
5 611
-
12 049
-
total
5 611
-
14 766
-
Employer
18 816
-
40 407
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
24 772
49 500
-
-
income
5 450
10 890
-
-
total
5 450
10 890
-
-
Dividends
19 322
38 610
-
-
withholding
5 797
11 583
-
-
total
5 797
11 583
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 770
22 473
23 860
23 540
After tax
26 730
27 027
25 640
25 960
Living cost
13 205
13 205
13 205
13 205
Free-cash
13 525
13 822
12 435
12 755

Estimated living cost  is ₴13205 per week

₴8752
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.
₴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.
₴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
Oslo , Norway
-₴1317
₴30311
₴19502
₴15410
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
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
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
36 111
19 384
4 483
15 292
After tax
13 389
30 116
45 017
34 208
Living cost
14 706
14 706
14 706
14 706
Free-cash
-1 317
15 410
30 311
19 502

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴24994
₴23724
₴24169
₴26254
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
-
-
-
9 277
health
-
-
-
1 262
social contributions
-
-
-
4 923
total
-
-
-
15 462
Employee
23 396
23 396
46 029
-
health
233
398
782
-
income
2 457
2 166
9 036
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
12 437
-
Employer
23 396
23 396
46 029
-
health
253
433
852
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 471
-
Corporate
34 415
23 729
-
-
income
4 302
2 966
-
-
total
4 302
2 966
-
-
Dividends
30 113
20 763
-
-
withholding
5 119
3 530
-
-
total
5 119
3 530
-
-
Income
49 500
49 500
49 500
49 500
Total tax
14 638
13 377
15 908
15 462
After tax
34 862
36 123
33 592
34 038
Living cost
9 868
9 868
9 868
9 868
Free-cash
24 994
26 254
23 724
24 169

Estimated living cost  is ₴9868 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴23467
₴17580
₴22074
₴21726
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
-
-
-
13 902
pensions
-
-
-
2 600
total
-
-
-
16 502
Employee
14 994
-
43 262
-
health
196
-
636
-
pensions
1 144
-
3 215
-
income
2 731
-
10 907
-
total
4 071
-
14 758
-
Employer
14 994
-
43 262
-
health
285
-
822
-
pensions
1 515
-
5 416
-
total
1 800
-
6 238
-
Corporate
32 706
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.

6 214
9 405
-
-
total
6 214
9 405
-
-
Dividends
26 491
40 095
-
-
withholding
3 024
7 445
-
-
total
3 024
7 445
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 109
16 850
20 996
16 502
After tax
34 391
32 650
28 504
32 998
Living cost
10 924
10 924
10 924
10 924
Free-cash
23 467
21 726
17 580
22 074

Estimated living cost  is ₴10924 per week

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

Additional information

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

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

Rome , Italy
₴12568
₴9017
₴11190
₴13952
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
municipal
-
-
-
331
regional
-
-
-
1 129
social contributions
-
-
-
12 731
national
-
-
-
11 998
total
-
-
-
26 189
Employee
25 638
-
49 500
-
social contributions
8 645
-
16 692
-
regional
387
-
1 001
-
national
4 333
-
10 374
-
municipal
153
-
295
-
total
13 518
-
28 362
-
Employer
25 638
-
49 500
-
total
-
-
-
-
Corporate
23 862
49 500
-
-
nationa
5 727
11 880
-
-
municipal
1 150
2 386
-
-
total
6 877
14 266
-
-
Dividends
16 984
35 234
-
-
withholding
4 416
9 161
-
-
total
4 416
9 161
-
-
Income
49 500
49 500
49 500
49 500
Total tax
24 811
23 427
28 362
26 189
After tax
24 689
26 073
21 138
23 311
Living cost
12 121
12 121
12 121
12 121
Free-cash
12 568
13 952
9 017
11 190

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴3013
₴20301
₴27350
-₴2489
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
pensions
-
-
-
1 229
income
-
-
-
13 595
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
15 652
Employee
10 222
-
44 416
-
health
1 170
-
5 086
-
pensions
1 151
-
2 253
-
income
1 402
-
10 278
-
total
3 723
-
17 617
-
Employer
10 222
-
44 416
-
pensions
1 662
-
3 254
-
accident
171
-
742
-
unemployment
250
-
1 088
-
total
2 083
-
5 084
-
Corporate
37 195
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.

33 476
44 550
-
-
total
33 476
44 550
-
-
Dividends
3 719
4 950
-
-
withholding
707
941
-
-
total
707
941
-
-
Income
49 500
49 500
49 500
49 500
Total tax
39 989
45 491
22 701
15 652
After tax
9 511
4 009
26 799
33 848
Living cost
6 498
6 498
6 498
6 498
Free-cash
3 013
-2 489
20 301
27 350

Estimated living cost  is ₴6498 per week

₴4762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴17716
₴20012
₴14939
₴13735
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
trade
-
-
-
5 073
income

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

-
-
-
14 847
health

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

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

-
-
-
2 079
surtax

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

-
-
-
816
total
-
-
-
22 815
Employee

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

15 139
-
49 500
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
14 847
-
surtax

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

69
-
816
-
total
3 393
-
17 742
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 361
49 500
-
-
income
5 154
7 425
-
-
trade
4 931
7 104
-
-
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.

283
408
-
-
chamber of commerce
96
119
-
-
total
10 464
15 056
-
-
Dividends
23 896
34 444
-
-
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.

322
467
-
-
withholding
5 859
8 496
-
-
total
6 181
8 963
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 038
24 019
17 742
22 815
After tax
29 462
25 481
31 758
26 685
Living cost
11 746
11 746
11 746
11 746
Free-cash
17 716
13 735
20 012
14 939

Estimated living cost  is ₴11746 per week

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

Additional information

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

Riga , Latvia
₴30773
₴13898
₴10400
₴33270
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
-
-
-
8 490
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 657
surtax
-
-
-
12 623
total
-
-
-
32 770
Employee
8 890
-
36 725
-
income
1 583
-
7 183
-
social contributions

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

978
-
3 989
-
surtax
-
-
5 325
-
total
2 561
-
16 497
-
Employer
8 890
-
36 725
-
social contributions

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

2 142
-
8 735
-
surtax
-
-
4 040
-
total
2 142
-
12 775
-
Corporate
38 468
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%.

7 694
9 900
-
-
total
7 694
9 900
-
-
Dividends

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

30 774
39 600
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
12 397
9 900
29 272
32 770
After tax
37 103
39 600
20 228
16 730
Living cost
6 330
6 330
6 330
6 330
Free-cash
30 773
33 270
13 898
10 400

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴26483
₴25900
₴26171
₴27105
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
-
-
-
14 787
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
19 546
Employee
5 761
-
46 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
14 642
-
total
1 980
-
16 712
-
Employer
5 761
-
46 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
42 442
49 500
-
-
income
9 337
10 890
-
-
total
9 337
10 890
-
-
Dividends
33 105
38 610
-
-
withholding
6 621
7 722
-
-
total
6 621
7 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 234
18 612
19 817
19 546
After tax
30 266
30 888
29 683
29 954
Living cost
3 783
3 783
3 783
3 783
Free-cash
26 483
27 105
25 900
26 171

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴23333
₴14738
₴16645
₴24302
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
pensions
-
-
-
8 121
unemployment
-
-
-
69
income
-
-
-
13 019
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
1 929
total
-
-
-
26 021
Employee
10 246
-
40 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 708
-
income
1 718
-
11 199
-
other
-
-
-
-
surtax
36
-
1 612
-
total
3 413
-
19 380
-
Employer
10 246
-
40 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
37 097
49 500
-
-
income
9 645
12 870
-
-
total
9 645
12 870
-
-
Dividends
27 452
36 630
-
-
withholding
4 118
5 494
-
-
total
4 118
5 494
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 333
18 364
27 928
26 021
After tax
30 167
31 136
21 572
23 479
Living cost
6 834
6 834
6 834
6 834
Free-cash
23 333
24 302
14 738
16 645

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴17602
₴3362
₴15747
₴17753
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
pensions
-
-
-
6 576
chamber of commerce
-
-
-
198
unemployment
-
-
-
1 866
income
-
-