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
₴9910
₴20173
₴16032
₴15432
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.

-
-
-
10 234
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.

-
-
-
563
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.

-
-
-
3 410
trade
-
-
-
4 141
total
-
-
-
18 348
Employee

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

19 093
-
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
-
563
-
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.

533
-
10 234
-
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.

3 410
-
3 410
-
total
3 972
-
14 207
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 407
49 500
-
-
income
4 561
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.

251
408
-
-
chamber of commerce
119
147
-
-
trade
4 789
7 796
-
-
total
9 720
15 776
-
-
Dividends
20 686
33 723
-
-
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.

274
453
-
-
withholding
4 982
8 241
-
-
total
5 256
8 694
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 948
24 470
14 207
18 348
After tax
30 552
25 030
35 293
31 152
Living cost
15 120
15 120
15 120
15 120
Free-cash
15 432
9 910
20 173
16 032

Estimated living cost  is ₴15120 per week

₴9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1763
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.
₴3564
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
₴4376
₴3849
₴3460
₴3935
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
-
-
-
5 121
national
-
-
-
7 935
pensions
-
-
-
5 940
total
-
-
-
19 528
Employee
41 099
-
42 792
-
municipal
5 076
-
5 312
-
pensions
1 644
-
1 712
-
national
7 866
-
8 232
-
total
14 586
-
15 256
-
Employer
41 099
-
42 792
-
pensions
3 288
-
3 423
-
social contributions
442
-
460
-
total
3 730
-
3 883
-
Corporate
1 959
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%.

392
9 900
-
-
total
392
9 900
-
-
Dividends
1 567
39 600
-
-
withholding
345
8 712
-
-
total
345
8 712
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 053
18 612
19 139
19 528
After tax
30 447
30 888
30 361
29 972
Living cost
26 512
26 512
26 512
26 512
Free-cash
3 935
4 376
3 849
3 460

Estimated living cost  is ₴26512 per week

₴18020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5631
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
₴29215
₴17520
₴16045
₴25119
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
-
-
-
7 156
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
-
-
-
23 070
Employee
14 587
-
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.

1 605
-
4 388
-
income
2 597
-
7 597
-
total
4 202
-
11 985
-
Employer
14 587
-
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.

3 514
-
9 610
-
surtax
-
-
-
-
total
3 514
-
9 610
-
Corporate
31 400
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%.

6 280
9 900
-
-
total
6 280
9 900
-
-
Dividends

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

25 120
39 600
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 996
9 900
21 595
23 070
After tax
35 504
39 600
27 905
26 430
Living cost
10 385
10 385
10 385
10 385
Free-cash
25 119
29 215
17 520
16 045

Estimated living cost  is ₴10385 per week

₴6626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴989
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.
₴2535
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
₴2730
-₴71
₴7187
-₴71
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
-
-
-
9 595
health
-
-
-
5 957
pensions
-
-
-
5 849
total
-
-
-
21 401
Employee
42 629
42 629
42 629
-
pensions
7 673
5 849
7 673
-
income

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

6 978
6 978
6 978
-
health
6 543
5 566
6 543
-
total
21 194
18 393
21 194
-
Employer
42 629
42 629
42 629
-
health
2 963
2 963
2 963
-
pensions
2 967
2 967
2 967
-
unemployment
1 535
1 535
1 535
-
total
7 465
7 465
7 465
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
28 659
25 858
28 659
21 401
After tax
20 841
23 642
20 841
28 099
Living cost
20 912
20 912
20 912
20 912
Free-cash
-71
2 730
-71
7 187

Estimated living cost  is ₴20912 per week

₴14820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
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.
₴3875
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
₴7019
₴6426
₴5815
₴6569
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
-
-
-
5 096
unemployment
-
-
-
44
health
-
-
-
2 736
municipal
-
-
-
10 973
national
-
-
-
-
pensions
-
-
-
4 740
total
-
-
-
23 677
Employee
28 510
-
37 665
-
municipal
8 502
-
11 232
-
national
-
-
-
-
total
8 502
-
11 232
-
Employer
28 510
-
37 665
-
health
1 753
-
2 316
-
pensions
3 082
-
4 072
-
accident
57
-
75
-
unemployment
753
-
994
-
other
3 313
-
4 377
-
total
8 958
-
11 834
-
Corporate
12 032
49 500
-
-
income
2 647
10 890
-
-
total
2 647
10 890
-
-
Dividends
9 385
38 610
-
-
withholding
2 815
11 583
-
-
total
2 815
11 583
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 922
22 473
23 066
23 677
After tax
26 578
27 027
26 434
25 823
Living cost
20 008
20 008
20 008
20 008
Free-cash
6 569
7 019
6 426
5 815

Estimated living cost  is ₴20008 per week

₴13261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
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.
₴4480
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
₴5164
₴15682
₴11357
₴12179
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.

-
-
-
10 234
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.

-
-
-
563
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.

-
-
-
3 410
trade
-
-
-
4 325
total
-
-
-
18 532
Employee

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

25 315
-
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.

119
-
563
-
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.

2 175
-
10 234
-
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.

3 410
-
3 410
-
total
5 704
-
14 207
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 185
49 500
-
-
income
3 627
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.

200
408
-
-
chamber of commerce
110
146
-
-
trade
3 979
8 143
-
-
total
7 916
16 122
-
-
Dividends
16 269
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.

213
448
-
-
withholding
3 877
8 155
-
-
total
4 090
8 603
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 710
24 725
14 207
18 532
After tax
31 790
24 775
35 293
30 968
Living cost
19 611
19 611
19 611
19 611
Free-cash
12 179
5 164
15 682
11 357

Estimated living cost  is ₴19611 per week

₴13116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4134
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
₴20046
₴18931
₴18981
₴17975
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
-
-
-
5 344
social contributions
-
-
-
7 722
health
-
-
-
1 262
total
-
-
-
14 328
Employee
38 386
38 386
44 939
-
social contributions
1 865
3 186
3 730
-
income
4 031
3 553
5 322
-
health
382
653
764
-
total
6 278
7 392
9 816
-
Employer
38 386
38 386
44 939
-
health
416
710
832
-
social contributions
1 865
3 186
3 730
-
total
2 281
3 896
4 562
-
Corporate
24 749
7 218
-
-
income
3 094
902
-
-
total
3 094
902
-
-
Dividends
21 656
6 316
-
-
withholding
3 681
1 073
-
-
total
3 681
1 073
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 334
13 263
14 378
14 328
After tax
34 166
36 237
35 122
35 172
Living cost
16 191
16 191
16 191
16 191
Free-cash
17 975
20 046
18 931
18 981

Estimated living cost  is ₴16191 per week

₴11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3587
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
₴18957
₴19770
₴25365
₴19146
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.

12 884
5 128
41 423
-
unemployment
193
77
621
-
pensions
1 288
513
4 142
-
income
1 575
627
5 064
-
health
902
359
2 900
-
total
3 958
1 576
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.

12 884
5 128
41 423
-
pensions
2 512
1 000
8 077
-
total
2 512
1 000
8 077
-
Corporate
34 103
43 372
-
-
income
3 069
3 904
-
-
total
3 069
3 904
-
-
Dividends
31 034
39 469
-
-
social contributions
5 993
7 638
-
-
withholding
5 896
7 499
-
-
total
11 889
15 137
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 428
21 617
20 804
15 209
After tax
28 072
27 883
28 696
34 291
Living cost
8 926
8 926
8 926
8 926
Free-cash
19 146
18 957
19 770
25 365

Estimated living cost  is ₴8926 per week

₴6091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴1926
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
₴27543
₴16474
₴14475
₴24443
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
14 161
-
36 995
-
unemployment
226
-
592
-
pensions
283
-
740
-
income
1 594
-
7 132
-
total
2 103
-
8 464
-
Employer
14 161
-
36 995
-
health
1 841
-
4 810
-
pensions
2 832
-
7 399
-
unemployment
114
-
296
-
total
4 787
-
12 505
-
Corporate
30 552
49 500
-
-
income
6 110
9 900
-
-
total
6 110
9 900
-
-
Dividends
24 442
39 600
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 000
9 900
20 969
22 968
After tax
36 500
39 600
28 531
26 532
Living cost
12 057
12 057
12 057
12 057
Free-cash
24 443
27 543
16 474
14 475

Estimated living cost  is ₴12057 per week

₴8270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴718
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.
₴2827
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
-₴7082
₴14413
₴22888
₴2309
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
-
-
-
127
income
-
-
-
12 008
other
-
-
-
187
health
-
-
-
1 100
pensions
-
-
-
2 098
total
-
-
-
15 520
Employee
17 449
-
42 206
-
pensions
1 965
-
3 847
-
income
2 394
-
8 021
-
health
1 998
-
4 833
-
total
6 357
-
16 701
-
Employer
17 449
-
42 206
-
pensions
2 837
-
5 555
-
accident
291
-
705
-
unemployment
427
-
1 034
-
total
3 555
-
7 294
-
Corporate
28 495
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.

25 646
44 550
-
-
total
25 646
44 550
-
-
Dividends
2 850
4 950
-
-
withholding
541
940
-
-
total
541
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
36 099
45 490
23 995
15 520
After tax
13 401
4 010
25 505
33 980
Living cost
11 092
11 092
11 092
11 092
Free-cash
2 309
-7 082
14 413
22 888

Estimated living cost  is ₴11092 per week

₴8130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴615
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.
₴2117
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
₴43009
₴35584
₴44989
₴42256
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
5 019
-
49 500
-
income
1 004
-
9 900
-
total
1 004
-
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%.

44 481
49 500
-
-
total
-
-
-
-
Dividends
44 481
49 500
-
-
withholding
2 224
2 475
-
-
total
2 224
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
3 228
2 475
9 900
495
After tax
46 272
47 025
39 600
49 005
Living cost
4 016
4 016
4 016
4 016
Free-cash
42 256
43 009
35 584
44 989

Estimated living cost  is ₴4016 per week

₴2489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴334
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.
₴1083
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
₴23065
₴15679
₴13503
₴19694
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
-
-
-
6 287
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
-
-
-
22 695
Employee
18 125
-
39 538
-
unemployment
181
-
395
-
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.

1 268
-
2 767
-
income
3 120
-
6 843
-
health
254
-
553
-
total
4 823
-
10 558
-
Employer
18 125
-
39 538
-
health
254
-
553
-
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.

3 082
-
6 721
-
accident
145
-
316
-
unemployment
181
-
395
-
other
907
-
1 976
-
total
4 569
-
9 961
-
Corporate
26 807
49 500
-
-
income
5 629
10 395
-
-
total
5 629
10 395
-
-
Dividends
21 178
39 105
-
-
withholding
1 483
2 738
-
-
total
1 483
2 738
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 504
13 133
20 519
22 695
After tax
32 996
36 367
28 981
26 805
Living cost
13 302
13 302
13 302
13 302
Free-cash
19 694
23 065
15 679
13 503

Estimated living cost  is ₴13302 per week

₴9398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2791
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
₴3228
-₴2278
₴2456
-₴4060
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
-
-
-
10 129
pensions
-
-
-
3 623
total
-
-
-
13 752
Employee
47 104
-
43 594
-
pensions
4 544
-
4 123
-
income
8 491
-
7 753
-
health
776
-
704
-
total
13 811
-
12 580
-
Employer
47 104
-
43 594
-
health
895
-
829
-
pensions
5 562
-
5 077
-
total
6 457
-
5 906
-
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
-
3 575
-
-
total
-
3 575
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 268
12 980
18 486
13 752
After tax
29 232
36 520
31 014
35 748
Living cost
33 292
33 292
33 292
33 292
Free-cash
-4 060
3 228
-2 278
2 456

Estimated living cost  is ₴33292 per week

₴24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
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.
₴4164
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
₴35778
₴32402
₴30876
₴33460
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
-
-
-
70
health
-
-
-
2 005
pensions

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

-
-
-
2 580
total
-
-
-
12 080
Employee
8 665
-
46 079
-
accident

We are using the highest rate at 1.1%.

95
-
192
-
pensions

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

761
-
1 531
-
income
866
-
4 608
-
health
399
-
802
-
total
2 121
-
7 133
-
Employer
8 665
-
46 079
-
health
598
-
1 203
-
pensions

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

955
-
1 921
-
accident

We are using the highest rate at 1.1%.

95
-
192
-
unemployment
52
-
105
-
total
1 700
-
3 421
-
Corporate
39 134
49 500
-
-
income
3 914
4 950
-
-
total
3 914
4 950
-
-
Dividends
35 221
44 550
-
-
withholding
1 761
2 228
-
-
total
1 761
2 228
-
-
Income
49 500
49 500
49 500
49 500
Total tax
9 496
7 178
10 554
12 080
After tax
40 004
42 322
38 946
37 420
Living cost
6 544
6 544
6 544
6 544
Free-cash
33 460
35 778
32 402
30 876

Estimated living cost  is ₴6544 per week

₴3821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₴4039
-₴6840
₴418
-₴4885
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
-
-
-
9 595
health
-
-
-
5 957
pensions
-
-
-
5 849
total
-
-
-
21 401
Employee
46 282
42 629
42 629
-
pensions
5 849
5 849
7 673
-
income

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

6 978
6 978
6 978
-
health
5 774
5 566
6 543
-
total
18 601
18 393
21 194
-
Employer
46 282
42 629
42 629
-
health
3 216
2 963
2 963
-
pensions
3 221
2 967
2 967
-
unemployment
1 666
1 535
1 535
-
total
8 103
7 465
7 465
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
26 704
25 858
28 659
21 401
After tax
22 796
23 642
20 841
28 099
Living cost
27 681
27 681
27 681
27 681
Free-cash
-4 885
-4 039
-6 840
418

Estimated living cost  is ₴27681 per week

₴20420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2473
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.
₴4472
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
₴21848
₴12886
₴11875
₴17484
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
17 990
-
36 940
-
solidarity contribution
-
-
-
-
social contributions
1 169
-
2 401
-
income
2 159
-
4 433
-
health
2 429
-
4 987
-
total
5 757
-
11 821
-
Employer
17 990
-
36 940
-
health
1 619
-
3 325
-
social contributions
4 497
-
9 235
-
total
6 116
-
12 560
-
Corporate
25 394
49 500
-
-
income
4 825
9 405
-
-
total
4 825
9 405
-
-
Dividends
20 569
40 095
-
-
withholding
3 085
6 014
-
-
total
3 085
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 783
15 419
24 381
25 392
After tax
29 717
34 081
25 119
24 108
Living cost
12 233
12 233
12 233
12 233
Free-cash
17 484
21 848
12 886
11 875

Estimated living cost  is ₴12233 per week

₴8497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2625
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
₴5346
₴2024
₴4378
₴2740
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
-
-
-
546
municipal
-
-
-
295
national
-
-
-
10 486
total
-
-
-
24 058
Employee
44 366
-
49 500
-
municipal
235
-
262
-
national
7 688
-
8 981
-
regional
419
-
477
-
social contributions
14 960
-
16 692
-
total
23 302
-
26 412
-
Employer
44 366
-
49 500
-
total
-
-
-
-
Corporate
5 134
49 500
-
-
municipal
200
1 931
-
-
nationa
1 232
11 880
-
-
total
1 432
13 811
-
-
Dividends
3 702
35 689
-
-
withholding
962
9 279
-
-
total
962
9 279
-
-
Income
49 500
49 500
49 500
49 500
Total tax
25 696
23 090
26 412
24 058
After tax
23 804
26 410
23 088
25 442
Living cost
21 064
21 064
21 064
21 064
Free-cash
2 740
5 346
2 024
4 378

Estimated living cost  is ₴21064 per week

₴14683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴323
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.
₴4676
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
₴20120
₴13535
₴14494
₴18565
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
-
-
-
9 330
other
-
-
-
-
surtax
-
-
-
1 131
unemployment
-
-
-
114
health
-
-
-
3 515
pensions
-
-
-
9 900
total
-
-
-
23 990
Employee
16 508
-
40 893
-
other
-
-
-
-
unemployment
1 149
-
2 846
-
pensions
1 101
-
2 727
-
surtax
54
-
1 021
-
income
2 767
-
8 704
-
health
422
-
1 043
-
total
5 493
-
16 341
-
Employer
16 508
-
40 893
-
health
751
-
1 861
-
pensions
2 201
-
5 451
-
unemployment
523
-
1 296
-
other
-
-
-
-
total
3 475
-
8 608
-
Corporate
29 517
49 500
-
-
income
7 674
12 870
-
-
total
7 674
12 870
-
-
Dividends
21 843
36 630
-
-
withholding
3 277
5 494
-
-
total
3 277
5 494
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 919
18 364
24 949
23 990
After tax
29 581
31 136
24 551
25 510
Living cost
11 016
11 016
11 016
11 016
Free-cash
18 565
20 120
13 535
14 494

Estimated living cost  is ₴11016 per week

₴6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1016
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.
₴3010
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
₴13775
₴8269
₴13003
₴10427
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
-
-
-
10 129
pensions
-
-
-
3 623
total
-
-
-
13 752
Employee
31 568
-
43 594
-
pensions
2 679
-
4 123
-
income
5 685
-
7 753
-
health
458
-
704
-
total
8 822
-
12 580
-
Employer
31 568
-
43 594
-
health
600
-
829
-
pensions
3 417
-
5 077
-
total
4 017
-
5 906
-
Corporate
13 915
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.

2 644
9 405
-
-
total
2 644
9 405
-
-
Dividends
11 271
40 095
-
-
withholding
845
3 575
-
-
total
845
3 575
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 328
12 980
18 486
13 752
After tax
33 172
36 520
31 014
35 748
Living cost
22 745
22 745
22 745
22 745
Free-cash
10 427
13 775
8 269
13 003

Estimated living cost  is ₴22745 per week

₴17040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1705
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.
₴3761
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
-₴16844
-₴594
₴1917
-₴1103
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
-
-
-
1 640
health
-
-
-
129
city
-
-
-
521
national
-
-
-
270
pensions
-
-
-
4 554
total
-
-
-
8 104
Employee
46 201
-
44 305
-
unemployment
-
-
-
-
pensions
3 882
-
3 721
-
national
219
-
203
-
regional
1 513
-
1 410
-
city
496
-
476
-
health
104
-
99
-
total
6 214
-
5 909
-
Employer
46 201
-
44 305
-
health
104
-
99
-
pensions
3 882
-
3 721
-
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.

924
-
886
-
total
4 910
-
4 706
-
Corporate
-
49 500
-
-
regional
-
10 469
-
-
national
-
4 208
-
-
total
-
14 677
-
-
Dividends
-
34 823
-
-
withholding
-
12 188
-
-
total
-
12 188
-
-
Income
49 500
49 500
49 500
49 500
Total tax
11 124
26 865
10 615
8 104
After tax
38 376
22 635
38 885
41 396
Living cost
39 479
39 479
39 479
39 479
Free-cash
-1 103
-16 844
-594
1 917

Estimated living cost  is ₴39479 per week

₴25673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴485
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.
₴9779
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
₴1653
₴12425
₴7916
₴9748
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.

-
-
-
10 234
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.

-
-
-
563
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.

-
-
-
3 410
trade
-
-
-
4 509
total
-
-
-
18 716
Employee

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

30 001
-
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.

194
-
563
-
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.

3 528
-
10 234
-
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.

3 410
-
3 410
-
total
7 132
-
14 207
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 499
49 500
-
-
income
2 925
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.

161
408
-
-
chamber of commerce
103
146
-
-
trade
3 344
8 489
-
-
total
6 533
16 468
-
-
Dividends
12 965
33 032
-
-
surtax

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

168
443
-
-
withholding
3 051
8 068
-
-
total
3 219
8 511
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 884
24 979
14 207
18 716
After tax
32 616
24 521
35 293
30 784
Living cost
22 868
22 868
22 868
22 868
Free-cash
9 748
1 653
12 425
7 916

Estimated living cost  is ₴22868 per week

₴16702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴4040
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
₴7869
₴10901
₴11436
₴10817
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
-
-
-
4 655
other
-
-
-
1 537
surtax
-
-
-
-
social contributions
-
-
-
1 411
health
-
-
-
893
pensions
-
-
-
12 489
total
-
-
-
20 985
Employee
21 365
-
37 720
-
pensions
2 416
-
4 265
-
surtax
-
-
-
-
social contributions
609
-
1 075
-
income
1 261
-
4 400
-
total
4 286
-
9 740
-
Employer
21 365
-
37 720
-
health
1 496
-
2 640
-
pensions
3 510
-
6 197
-
unemployment
865
-
1 528
-
social contributions
64
-
113
-
other
737
-
1 302
-
total
6 672
-
11 780
-
Corporate
21 463
49 500
-
-
income
6 010
13 860
-
-
surtax
-
-
-
-
total
6 010
13 860
-
-
Dividends
15 453
35 640
-
-
surtax
-
-
-
-
social contributions
2 658
6 130
-
-
withholding
1 978
4 562
-
-
total
4 636
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 604
24 552
21 520
20 985
After tax
27 896
24 948
27 980
28 515
Living cost
17 079
17 079
17 079
17 079
Free-cash
10 817
7 869
10 901
11 436

Estimated living cost  is ₴17079 per week

₴10769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
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.
₴4631
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
₴9561
₴12593
₴13128
₴12335
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
-
-
-
4 655
other
-
-
-
1 537
surtax
-
-
-
-
social contributions
-
-
-
1 411
health
-
-
-
893
pensions
-
-
-
12 489
total
-
-
-
20 985
Employee
19 071
-
37 720
-
pensions
2 157
-
4 265
-
surtax
-
-
-
-
social contributions
544
-
1 075
-
income
983
-
4 400
-
total
3 684
-
9 740
-
Employer
19 071
-
37 720
-
health
1 335
-
2 640
-
pensions
3 134
-
6 197
-
unemployment
772
-
1 528
-
social contributions
57
-
113
-
other
658
-
1 302
-
total
5 956
-
11 780
-
Corporate
24 473
49 500
-
-
income
6 852
13 860
-
-
surtax
-
-
-
-
total
6 852
13 860
-
-
Dividends
17 621
35 640
-
-
surtax
-
-
-
-
social contributions
3 030
6 130
-
-
withholding
2 256
4 562
-
-
total
5 286
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 778
24 552
21 520
20 985
After tax
27 722
24 948
27 980
28 515
Living cost
15 387
15 387
15 387
15 387
Free-cash
12 335
9 561
12 593
13 128

Estimated living cost  is ₴15387 per week

₴8924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1563
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.
₴4609
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
₴19615
₴21312
₴21204
₴19874
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
16 926
-
49 500
-
social contributions
2 336
-
6 831
-
income
2 823
-
7 317
-
health
1 181
-
3 455
-
total
6 340
-
17 603
-
Employer
16 926
-
49 500
-
total
-
-
-
-
Corporate
32 574
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%.

1 628
2 475
-
-
total
1 628
2 475
-
-
Dividends
30 946
47 025
-
-
social contributions
4 271
6 489
-
-
withholding
4 642
7 054
-
-
health
2 160
3 282
-
-
total
11 073
16 825
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 041
19 300
17 603
17 711
After tax
30 459
30 200
31 897
31 789
Living cost
10 585
10 585
10 585
10 585
Free-cash
19 874
19 615
21 312
21 204

Estimated living cost  is ₴10585 per week

₴7084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴653
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.
₴2604
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
₴10165
-₴2518
₴7507
₴9394
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
-
-
-
8 100
surtax
-
-
-
99
unemployment
-
-
-
3 062
chamber of commerce
-
-
-
198
health
-
-
-
3 786
pensions
-
-
-
9 158
total
-
-
-
24 403
Employee
24 948
19 894
38 361
-
other
249
199
384
-
unemployment
748
597
1 151
-
pensions
2 555
2 037
3 929
-
income
2 840
1 467
7 225
-
health
965
770
1 484
-
total
7 357
5 070
14 173
-
Employer
24 948
19 894
38 361
-
chamber of commerce
99
80
153
-
health
943
752
1 450
-
pensions
3 131
2 497
4 814
-
accident
324
259
498
-
unemployment
748
597
1 151
-
surtax
99
99
99
-
payroll
748
597
1 151
-
other
1 185
944
1 822
-
total
7 277
5 825
11 138
-
Corporate
17 275
23 782
36 467
-
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.

4 319
5 945
9 117
-
total
4 319
5 945
9 117
-
Dividends
12 956
17 837
-
-
withholding
3 563
4 905
-
-
total
3 563
4 905
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 516
21 745
34 428
24 403
After tax
26 984
27 755
15 072
25 097
Living cost
17 590
17 590
17 590
17 590
Free-cash
9 394
10 165
-2 518
7 507

Estimated living cost  is ₴17590 per week

₴11732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴4069
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
₴9562
₴1121
₴5098
₴2076
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.

-
-
-
2 509
social contributions
-
-
-
7 699
national
-
-
-
15 993
total
-
-
-
26 201
Employee

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

35 708
-
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.

311
-
333
-
communal

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

1 862
-
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.

2 678
-
2 875
-
national
10 978
-
12 007
-
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.

1 678
-
1 802
-
total
17 507
-
19 017
-
Employer

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

35 708
-
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.

2 196
-
2 358
-
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.

3 164
-
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.

464
-
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.

521
-
560
-
surtax
4 049
-
4 348
-
total
10 394
-
11 161
-
Corporate
3 398
49 500
-
-
income
679
9 900
-
-
surtax
13
198
-
-
total
692
10 098
-
-
Dividends
2 706
39 402
-
-
withholding

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

630
11 639
-
-
total
630
11 639
-
-
Income
49 500
49 500
49 500
49 500
Total tax
29 223
21 737
30 178
26 201
After tax
20 277
27 763
19 322
23 299
Living cost
18 201
18 201
18 201
18 201
Free-cash
2 076
9 562
1 121
5 098

Estimated living cost  is ₴18201 per week

₴11724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4601
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
₴15325
₴8190
₴8484
₴11347
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
-
-
-
417
income
-
-
-
9 107
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 094
total
-
-
-
22 988
Employee
24 849
-
37 533
-
other
25
-
38
-
unemployment
386
-
582
-
pensions
1 168
-
1 764
-
income
5 243
-
8 934
-
total
6 822
-
11 318
-
Employer
24 849
-
37 533
-
pensions
5 864
-
8 857
-
accident
492
-
743
-
unemployment
1 367
-
2 064
-
other
198
-
300
-
total
7 921
-
11 964
-
Corporate
16 731
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.

2 509
7 425
-
-
total
2 509
7 425
-
-
Dividends
14 221
42 075
-
-
withholding
2 873
8 722
-
-
total
2 873
8 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 125
16 147
23 282
22 988
After tax
29 375
33 353
26 218
26 512
Living cost
18 028
18 028
18 028
18 028
Free-cash
11 347
15 325
8 190
8 484

Estimated living cost  is ₴18028 per week

₴13276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1279
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.
₴3213
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
₴3182
₴3494
₴1259
-₴198
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
-
-
-
418
income
-
-
-
4 216
surtax
-
-
-
2 454
health
-
-
-
3 478
pensions
-
-
-
7 419
total
-
-
-
21 113
Employee
37 804
-
44 216
-
pensions
3 024
-
3 537
-
surtax
2 317
-
2 709
-
income
3 651
-
5 380
-
health
1 682
-
1 968
-
total
10 674
-
13 594
-
Employer
37 804
-
44 216
-
health
1 153
-
1 349
-
pensions
3 024
-
3 537
-
accident
340
-
398
-
total
4 517
-
5 284
-
Corporate
7 179
49 500
-
-
communal
-
3 341
-
-
income
1 077
7 425
-
-
surtax
76
520
-
-
total
1 153
11 286
-
-
Dividends
6 026
38 214
-
-
income
5 322
2 172
-
-
withholding
904
5 732
-
-
total
6 226
7 904
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 570
19 190
18 878
21 113
After tax
26 930
30 310
30 622
28 387
Living cost
27 128
27 128
27 128
27 128
Free-cash
-198
3 182
3 494
1 259

Estimated living cost  is ₴27128 per week

₴20350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1644
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.
₴4846
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
₴19923
₴13338
₴14297
₴18335
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
-
-
-
9 330
other
-
-
-
-
surtax
-
-
-
1 131
unemployment
-
-
-
114
health
-
-
-
3 515
pensions
-
-
-
9 900
total
-
-
-
23 990
Employee
16 811
-
40 893
-
other
-
-
-
-
unemployment
1 170
-
2 846
-
pensions
1 122
-
2 727
-
surtax
60
-
1 021
-
income
2 818
-
8 704
-
health
429
-
1 043
-
total
5 599
-
16 341
-
Employer
16 811
-
40 893
-
health
764
-
1 861
-
pensions
2 241
-
5 451
-
unemployment
533
-
1 296
-
other
-
-
-
-
total
3 538
-
8 608
-
Corporate
29 150
49 500
-
-
income
7 579
12 870
-
-
total
7 579
12 870
-
-
Dividends
21 571
36 630
-
-
withholding
3 236
5 494
-
-
total
3 236
5 494
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 952
18 364
24 949
23 990
After tax
29 548
31 136
24 551
25 510
Living cost
11 213
11 213
11 213
11 213
Free-cash
18 335
19 923
13 338
14 297

Estimated living cost  is ₴11213 per week

₴6770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3209
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
₴12571
₴9452
₴11794
₴11462
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
-
-
-
295
national
-
-
-
10 486
total
-
-
-
24 259
Employee
27 691
-
49 500
-
municipal
147
-
262
-
national
4 387
-
8 981
-
regional
373
-
666
-
social contributions
9 338
-
16 692
-
total
14 245
-
26 601
-
Employer
27 691
-
49 500
-
total
-
-
-
-
Corporate
21 809
49 500
-
-
municipal
1 084
2 460
-
-
nationa
5 234
11 880
-
-
total
6 318
14 340
-
-
Dividends
15 491
35 159
-
-
withholding
4 028
9 142
-
-
total
4 028
9 142
-
-
Income
49 500
49 500
49 500
49 500
Total tax
24 591
23 482
26 601
24 259
After tax
24 909
26 018
22 899
25 241
Living cost
13 447
13 447
13 447
13 447
Free-cash
11 462
12 571
9 452
11 794

Estimated living cost  is ₴13447 per week

₴8363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3492
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
₴19007
₴10045
₴9034
₴13629
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
22 168
-
36 940
-
solidarity contribution
-
-
-
-
social contributions
1 441
-
2 401
-
income
2 660
-
4 433
-
health
2 993
-
4 987
-
total
7 094
-
11 821
-
Employer
22 168
-
36 940
-
health
1 995
-
3 325
-
social contributions
5 542
-
9 235
-
total
7 537
-
12 560
-
Corporate
19 795
49 500
-
-
income
3 761
9 405
-
-
total
3 761
9 405
-
-
Dividends
16 034
40 095
-
-
withholding
2 405
6 014
-
-
total
2 405
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 797
15 419
24 381
25 392
After tax
28 703
34 081
25 119
24 108
Living cost
15 074
15 074
15 074
15 074
Free-cash
13 629
19 007
10 045
9 034

Estimated living cost  is ₴15074 per week

₴11210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴2768
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
₴11883
-₴836
₴9270
₴11634
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
-
-
-
8 100
surtax
-
-
-
-
unemployment
-
-
-
3 062
chamber of commerce
-
-
-
198
health
-
-
-
3 786
pensions
-
-
-
9 158
total
-
-
-
24 304
Employee
21 821
19 894
38 439
-
other
218
199
385
-
unemployment
655
597
1 153
-
pensions
2 235
2 037
3 936
-
income
1 944
1 467
7 253
-
health
844
770
1 487
-
total
5 896
5 070
14 214
-
Employer
21 821
19 894
38 439
-
chamber of commerce
87
80
153
-
health
825
752
1 453
-
pensions
2 739
2 497
4 824
-
accident
283
259
499
-
unemployment
655
597
1 153
-
surtax
-
-
-
-
payroll
655
597
1 153
-
other
1 036
944
1 825
-
total
6 280
5 726
11 060
-
Corporate
21 399
23 881
36 544
-
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.

5 350
5 970
9 136
-
total
5 350
5 970
9 136
-
Dividends
16 049
17 911
-
-
withholding
4 414
4 925
-
-
total
4 414
4 925
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 940
21 691
34 410
24 304
After tax
27 560
27 809
15 090
25 196
Living cost
15 926
15 926
15 926
15 926
Free-cash
11 634
11 883
-836
9 270

Estimated living cost  is ₴15926 per week

₴9554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1627
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.
₴4462
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
₴40767
₴33342
₴42747
₴39593
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
7 822
-
49 500
-
income
1 565
-
9 900
-
total
1 565
-
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%.

41 678
49 500
-
-
total
-
-
-
-
Dividends
41 678
49 500
-
-
withholding
2 084
2 475
-
-
total
2 084
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
3 649
2 475
9 900
495
After tax
45 851
47 025
39 600
49 005
Living cost
6 258
6 258
6 258
6 258
Free-cash
39 593
40 767
33 342
42 747

Estimated living cost  is ₴6258 per week

₴4235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴263
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.
₴1550
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
₴20690
₴10820
₴12239
₴16515
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
-
-
-
9 887
unemployment
-
-
-
74
health
-
-
-
4 870
pensions
-
-
-
9 040
total
-
-
-
23 871
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.

22 075
-
42 832
-
unemployment
31
-
60
-
pensions
3 422
-
6 639
-
income
3 807
-
9 156
-
health
1 426
-
2 767
-
total
8 686
-
18 622
-
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.

22 075
-
42 832
-
health
1 470
-
2 852
-
pensions
1 953
-
3 790
-
unemployment
13
-
26
-
total
3 436
-
6 668
-
Corporate
23 988
49 500
-
-
income
4 558
9 405
-
-
total
4 558
9 405
-
-
Dividends
19 431
40 095
-
-
withholding
2 915
6 015
-
-
total
2 915
6 015
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 595
15 420
25 290
23 871
After tax
29 905
34 080
24 210
25 629
Living cost
13 390
13 390
13 390
13 390
Free-cash
16 515
20 690
10 820
12 239

Estimated living cost  is ₴13390 per week

₴9189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴858
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.
₴3084
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
₴8781
₴21661
₴12873
-₴24224
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
30 591
-
-
-
social contributions
2 508
-
357
-
income
6 748
-
-
-
total
9 256
-
357
-
Employer
30 591
-
-
-
social contributions
43 133
-
6 147
-
total
43 133
-
6 147
-
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
52 389
19 384
6 504
15 292
After tax
-2 889
30 116
42 996
34 208
Living cost
21 335
21 335
21 335
21 335
Free-cash
-24 224
8 781
21 661
12 873

Estimated living cost  is ₴21335 per week

₴13843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5213
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
₴12498
₴9565
₴12044
₴11993
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
-
-
-
4 597
surtax
-
-
-
-
social contributions

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

-
-
-
17 201
total
-
-
-
21 798
Employee
22 959
-
40 000
-
surtax
-
-
-
-
social contributions
2 526
-
4 400
-
income
4 776
-
10 377
-
total
7 302
-
14 777
-
Employer
22 959
-
40 000
-
social contributions
5 453
-
9 500
-
total
5 453
-
9 500
-
Corporate
21 088
49 500
-
-
income
4 429
10 395
-
-
surtax
-
-
-
-
total
4 429
10 395
-
-
Dividends
16 659
39 105
-
-
withholding
4 665
10 949
-
-
total
4 665
10 949
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 849
21 344
24 277
21 798
After tax
27 651
28 156
25 223
27 702
Living cost
15 658
15 658
15 658
15 658
Free-cash
11 993
12 498
9 565
12 044

Estimated living cost  is ₴15658 per week

₴11716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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 Lisbon model

Close
Paris , France
₴837
₴3869
₴4404
₴4269
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
-
-
-
4 655
other
-
-
-
1 537
surtax
-
-
-
-
social contributions
-
-
-
1 411
health
-
-
-
893
pensions
-
-
-
12 489
total
-
-
-
20 985
Employee
31 266
-
37 720
-
pensions
3 536
-
4 265
-
surtax
-
-
-
-
social contributions
890
-
1 075
-
income
2 728
-
4 400
-
total
7 154
-
9 740
-
Employer
31 266
-
37 720
-
health
2 188
-
2 640
-
pensions
5 137
-
6 197
-
unemployment
1 267
-
1 528
-
social contributions
94
-
113
-
other
1 079
-
1 302
-
total
9 765
-
11 780
-
Corporate
8 469
49 500
-
-
income
2 371
13 860
-
-
surtax
-
-
-
-
total
2 371
13 860
-
-
Dividends
6 098
35 640
-
-
surtax
-
-
-
-
social contributions
1 049
6 130
-
-
withholding
781
4 562
-
-
total
1 830
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 120
24 552
21 520
20 985
After tax
28 380
24 948
27 980
28 515
Living cost
24 111
24 111
24 111
24 111
Free-cash
4 269
837
3 869
4 404

Estimated living cost  is ₴24111 per week

₴16318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
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.
₴5490
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
₴29544
₴24090
₴22775
₴27866
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
-
-
-
830
social contributions
-
-
-
10 889
total
-
-
-
11 719
Employee
16 049
-
42 857
-
income
-
-
976
-
social contributions
1 043
-
2 785
-
total
1 043
-
3 761
-
Employer
16 049
-
42 857
-
social contributions
2 488
-
6 643
-
total
2 488
-
6 643
-
Corporate
30 964
49 500
-
-
income
3 097
4 950
-
-
total
3 097
4 950
-
-
Dividends
27 867
44 550
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
6 628
4 950
10 404
11 719
After tax
42 872
44 550
39 096
37 781
Living cost
15 006
15 006
15 006
15 006
Free-cash
27 866
29 544
24 090
22 775

Estimated living cost  is ₴15006 per week

₴9702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1131
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.
₴3890
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
-₴59257
-₴59257
₴6689
-₴59257
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
-
-
-
3 925
municipal
-
-
-
9 170
national
-
-
-
5 243
pensions
-
-
-
433
total
-
-
-
18 771
Employee
101 467
101 467
101 467
-
municipal
21 607
21 607
21 607
-
labour market
8 106
8 106
8 106
-
pensions
144
144
144
-
national
12 396
12 396
12 396
-
total
42 253
42 253
42 253
-
Employer
101 467
101 467
101 467
-
national
12 418
12 418
12 418
-
labour market
8 117
8 117
8 117
-
pensions
288
288
288
-
municipal
21 641
21 641
21 641
-
total
42 464
42 464
42 464
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
84 717
84 717
84 717
18 771
After tax
-35 217
-35 217
-35 217
30 729
Living cost
24 040
24 040
24 040
24 040
Free-cash
-59 257
-59 257
-59 257
6 689

Estimated living cost  is ₴24040 per week

₴16453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴370
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.
₴5090
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
-₴6919
₴14576
₴23051
₴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
-
-
-
127
income
-
-
-
12 008
other
-
-
-
187
health
-
-
-
1 100
pensions
-
-
-
2 098
total
-
-
-
15 520
Employee
17 191
-
42 206
-
pensions
1 936
-
3 847
-
income
2 358
-
8 021
-
health
1 969
-
4 833
-
total
6 263
-
16 701
-
Employer
17 191
-
42 206
-
pensions
2 795
-
5 555
-
accident
287
-
705
-
unemployment
421
-
1 034
-
total
3 503
-
7 294
-
Corporate
28 805
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.

25 924
44 550
-
-
total
25 924
44 550
-
-
Dividends
2 881
4 950
-
-
withholding
547
940
-
-
total
547
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
36 237
45 490
23 995
15 520
After tax
13 263
4 010
25 505
33 980
Living cost
10 929
10 929
10 929
10 929
Free-cash
2 334
-6 919
14 576
23 051

Estimated living cost  is ₴10929 per week

₴7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2146
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
₴13779
₴9107
₴16031
₴12649
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
-
-
-
554
municipal
-
-
-
8 810
national
-
-
-
4 939
total
-
-
-
14 303
Employee
26 264
-
41 642
-
municipal
4 302
-
6 799
-
unemployment
394
-
624
-
pensions
1 772
-
2 811
-
national
434
-
2 702
-
health
196
-
433
-
total
7 098
-
13 369
-
Employer
26 264
-
41 642
-
health
202
-
320
-
pensions
4 557
-
7 225
-
accident
27
-
42
-
unemployment
171
-
271
-
total
4 957
-
7 858
-
Corporate
18 281
49 500
-
-
income
3 656
9 900
-
-
total
3 656
9 900
-
-
Dividends

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

10 969
29 700
-
-
municipal
1 974
5 346
-
-
national
-
1 309
-
-
total
1 974
6 655
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 685
16 555
21 227
14 303
After tax
31 815
32 945
28 273
35 197
Living cost
19 166
19 166
19 166
19 166
Free-cash
12 649
13 779
9 107
16 031

Estimated living cost  is ₴19166 per week

₴12519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4499
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
₴24679
₴23564
₴23614
₴21962
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
-
-
-
5 344
social contributions
-
-
-
7 722
health
-
-
-
1 262
total
-
-
-
14 328
Employee
38 386
38 386
44 939
-
social contributions
1 451
3 186
3 730
-
income
4 180
3 553
5 322
-
health
297
653
764
-
total
5 928
7 392
9 816
-
Employer
38 386
38 386
44 939
-
health
323
710
832
-
social contributions
1 451
3 186
3 730
-
total
1 774
3 896
4 562
-
Corporate
30 240
7 218
-
-
income
3 780
902
-
-
total
3 780
902
-
-
Dividends
26 460
6 316
-
-
withholding
4 498
1 073
-
-
total
4 498
1 073
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 980
13 263
14 378
14 328
After tax
33 520
36 237
35 122
35 172
Living cost
11 558
11 558
11 558
11 558
Free-cash
21 962
24 679
23 564
23 614

Estimated living cost  is ₴11558 per week

₴6927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1134
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.
₴3242
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
₴33065
₴22604
₴31859
₴30525
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
-
-
-
4 719
unemployment
-
-
-
14
health
-
-
-
1 807
pensions
-
-
-
3 175
total
-
-
-
9 715
Employee

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

11 458
-
44 877
-
unemployment
57
-
225
-
pensions
1 718
-
6 732
-
income
783
-
3 575
-
health
974
-
3 815
-
total
3 532
-
14 347
-
Employer

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

11 458
-
44 877
-
health
493
-
1 930
-
pensions
630
-
2 468
-
unemployment
57
-
225
-
total
1 180
-
4 623
-
Corporate
36 862
49 500
-
-
income
3 318
4 455
-
-
total
3 318
4 455
-
-
Dividends
33 545
45 045
-
-
withholding
3 019
4 054
-
-
total
3 019
4 054
-
-
Income
49 500
49 500
49 500
49 500
Total tax
11 049
8 509
18 970
9 715
After tax
38 451
40 991
30 530
39 785
Living cost
7 926
7 926
7 926
7 926
Free-cash
30 525
33 065
22 604
31 859

Estimated living cost  is ₴7926 per week

₴5057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴571
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.
₴2061
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
₴19626
₴12491
₴12785
₴17006
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
-
-
-
417
income
-
-
-
9 107
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 094
total
-
-
-
22 988
Employee
18 458
-
37 533
-
other
18
-
38
-
unemployment
286
-
582
-
pensions
868
-
1 764
-
income
3 559
-
8 934
-
total
4 731
-
11 318
-
Employer
18 458
-
37 533
-
pensions
4 356
-
8 857
-
accident
366
-
743
-
unemployment
1 016
-
2 064
-
other
148
-
300
-
total
5 886
-
11 964
-
Corporate
25 157
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.

3 773
7 425
-
-
total
3 773
7 425
-
-
Dividends
21 384
42 075
-
-
withholding
4 377
8 722
-
-
total
4 377
8 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 767
16 147
23 282
22 988
After tax
30 733
33 353
26 218
26 512
Living cost
13 727
13 727
13 727
13 727
Free-cash
17 006
19 626
12 491
12 785

Estimated living cost  is ₴13727 per week

₴9266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2902
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
₴29880
₴30504
₴30575
₴29714
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
-
-
-
16 649
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
17 917
Employee
1 535
-
48 673
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
16 610
-
health
77
-
184
-
total
527
-
17 162
-
Employer
1 535
-
48 673
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
73
-
total
346
-
826
-
Corporate
47 620
49 500
-
-
income
10 476
10 890
-
-
total
10 476
10 890
-
-
Dividends
37 144
38 610
-
-
withholding
7 429
7 722
-
-
total
7 429
7 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 778
18 612
17 988
17 917
After tax
30 722
30 888
31 512
31 583
Living cost
1 008
1 008
1 008
1 008
Free-cash
29 714
29 880
30 504
30 575

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
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.
₴304
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
₴27130
₴17502
₴17503
₴24673
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
-
-
-
9 417
unemployment
-
-
-
553
health
-
-
-
3 800
pensions
-
-
-
9 593
total
-
-
-
23 363
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.

13 019
-
42 896
-
unemployment
98
-
277
-
pensions
1 823
-
5 165
-
income
1 795
-
9 417
-
health
670
-
1 900
-
total
4 386
-
16 759
-
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.

13 019
-
42 896
-
health
670
-
1 900
-
pensions
1 562
-
4 428
-
unemployment
98
-
277
-
total
2 330
-
6 605
-
Corporate
34 150
49 500
-
-
income
5 123
7 425
-
-
total
5 123
7 425
-
-
Dividends
29 028
42 075
-
-
withholding
4 354
6 311
-
-
total
4 354
6 311
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 193
13 736
23 364
23 363
After tax
33 307
35 764
26 136
26 137
Living cost
8 634
8 634
8 634
8 634
Free-cash
24 673
27 130
17 502
17 503

Estimated living cost  is ₴8634 per week

₴5813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1903
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
₴14698
₴11765
₴14244
₴14518
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
-
-
-
4 597
surtax
-
-
-
-
social contributions

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

-
-
-
17 201
total
-
-
-
21 798
Employee
19 375
-
40 000
-
surtax
-
-
-
-
social contributions
2 131
-
4 400
-
income
3 786
-
10 377
-
total
5 917
-
14 777
-
Employer
19 375
-
40 000
-
social contributions
4 601
-
9 500
-
total
4 601
-
9 500
-
Corporate
25 524
49 500
-
-
income
5 360
10 395
-
-
surtax
-
-
-
-
total
5 360
10 395
-
-
Dividends
20 164
39 105
-
-
withholding
5 646
10 949
-
-
total
5 646
10 949
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 524
21 344
24 277
21 798
After tax
27 976
28 156
25 223
27 702
Living cost
13 458
13 458
13 458
13 458
Free-cash
14 518
14 698
11 765
14 244

Estimated living cost  is ₴13458 per week

₴9532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴935
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.
₴2753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴15809
₴8674
₴8968
₴12003
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
-
-
-
417
income
-
-
-
9 107
other
-
-
-
46
unemployment
-
-
-
324
pensions
-
-
-
13 094
total
-
-
-
22 988
Employee
24 109
-
37 533
-
other
24
-
38
-
unemployment
373
-
582
-
pensions
1 133
-
1 764
-
income
5 035
-
8 934
-
total
6 565
-
11 318
-
Employer
24 109
-
37 533
-
pensions
5 690
-
8 857
-
accident
477
-
743
-
unemployment
1 326
-
2 064
-
other
193
-
300
-
total
7 686
-
11 964
-
Corporate
17 704
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.

2 655
7 425
-
-
total
2 655
7 425
-
-
Dividends
15 049
42 075
-
-
withholding
3 047
8 722
-
-
total
3 047
8 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 953
16 147
23 282
22 988
After tax
29 547
33 353
26 218
26 512
Living cost
17 544
17 544
17 544
17 544
Free-cash
12 003
15 809
8 674
8 968

Estimated living cost  is ₴17544 per week

₴12599
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.
₴247
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.
₴3334
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
₴33736
₴30360
₴28834
₴30694
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
-
-
-
70
health
-
-
-
2 005
pensions

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

-
-
-
2 580
total
-
-
-
12 080
Employee
11 369
-
46 079
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
pensions

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

998
-
1 531
-
income
1 137
-
4 608
-
health
523
-
802
-
total
2 783
-
7 133
-
Employer
11 369
-
46 079
-
health
785
-
1 203
-
pensions

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

1 253
-
1 921
-
accident

We are using the highest rate at 1.1%.

125
-
192
-
unemployment
68
-
105
-
total
2 231
-
3 421
-
Corporate
35 900
49 500
-
-
income
3 590
4 950
-
-
total
3 590
4 950
-
-
Dividends
32 310
44 550
-
-
withholding
1 616
2 228
-
-
total
1 616
2 228
-
-
Income
49 500
49 500
49 500
49 500
Total tax
10 220
7 178
10 554
12 080
After tax
39 280
42 322
38 946
37 420
Living cost
8 586
8 586
8 586
8 586
Free-cash
30 694
33 736
30 360
28 834

Estimated living cost  is ₴8586 per week

₴5679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2211
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
₴6265
₴16020
₴12248
₴12795
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.

-
-
-
10 234
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.

-
-
-
563
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.

-
-
-
3 410
trade
-
-
-
3 772
total
-
-
-
17 979
Employee

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

24 838
-
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.

113
-
563
-
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.

2 042
-
10 234
-
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.

3 410
-
3 410
-
total
5 565
-
14 207
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 662
49 500
-
-
income
3 699
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.

204
408
-
-
chamber of commerce
112
149
-
-
trade
3 539
7 103
-
-
total
7 554
15 085
-
-
Dividends
17 108
34 415
-
-
surtax

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

225
463
-
-
withholding
4 088
8 414
-
-
total
4 313
8 877
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 432
23 962
14 207
17 979
After tax
32 068
25 538
35 293
31 521
Living cost
19 273
19 273
19 273
19 273
Free-cash
12 795
6 265
16 020
12 248

Estimated living cost  is ₴19273 per week

₴13295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2074
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.
₴3624
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
₴6214
₴5122
₴5122
₴7317
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
-
-
-
11 549
social contributions
-
-
-
4 393
total
-
-
-
15 942
Employee
39 048
-
49 500
-
income
7 368
-
11 549
-
social contributions
3 244
-
4 393
-
total
10 612
-
15 942
-
Employer
39 048
-
49 500
-
total
-
-
-
-
Corporate
10 452
49 500
-
-
income
1 306
6 188
-
-
total
1 306
6 188
-
-
Dividends
9 145
43 312
-
-
withholding
1 829
8 662
-
-
total
1 829
8 662
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 747
14 850
15 942
15 942
After tax
35 753
34 650
33 558
33 558
Living cost
28 436
28 436
28 436
28 436
Free-cash
7 317
6 214
5 122
5 122

Estimated living cost  is ₴28436 per week

₴21634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4214
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
₴11417
₴18227
₴14149
₴13429
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
-
-
-
14 210
health

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

-
-
-
3 020
total
-
-
-
17 230
Employee
22 900
-
47 204
-
income
2 485
-
8 560
-
social contributions
2 294
-
2 296
-
total
4 779
-
10 856
-
Employer
22 900
-
47 204
-
social contributions
2 294
-
2 296
-
total
2 294
-
2 296
-
Corporate
24 305
49 500
-
-
income
8 507
17 325
-
-
total
8 507
17 325
-
-
Dividends
15 798
32 175
-
-
social contributions
2 370
2 637
-
-
total
2 370
2 637
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 950
19 962
13 152
17 230
After tax
31 550
29 538
36 348
32 270
Living cost
18 121
18 121
18 121
18 121
Free-cash
13 429
11 417
18 227
14 149

Estimated living cost  is ₴18121 per week

₴11936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
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.
₴4478
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
₴18029
₴12523
₴17257
₴15789
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
-
-
-
10 129
pensions
-
-
-
3 623
total
-
-
-
13 752
Employee
25 381
-
43 594
-
pensions
1 937
-
4 123
-
income
4 622
-
7 753
-
health
331
-
704
-
total
6 890
-
12 580
-
Employer
25 381
-
43 594
-
health
482
-
829
-
pensions
2 564
-
5 077
-
total
3 046
-
5 906
-
Corporate
21 072
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.

4 004
9 405
-
-
total
4 004
9 405
-
-
Dividends
17 069
40 095
-
-
withholding
1 280
3 575
-
-
total
1 280
3 575
-
-
Income
49 500
49 500
49 500
49 500
Total tax
15 220
12 980
18 486
13 752
After tax
34 280
36 520
31 014
35 748
Living cost
18 491
18 491
18 491
18 491
Free-cash
15 789
18 029
12 523
17 257

Estimated living cost  is ₴18491 per week

₴12684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴3873
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
-₴8001
₴13494
₴21969
₴2168
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
-
-
-
127
income
-
-
-
12 008
other
-
-
-
187
health
-
-
-
1 100
pensions
-
-
-
2 098
total
-
-
-
15 520
Employee
18 893
-
42 206
-
pensions
2 127
-
3 847
-
income
2 592
-
8 021
-
health
2 163
-
4 833
-
total
6 882
-
16 701
-
Employer
18 893
-
42 206
-
pensions
3 072
-
5 555
-
accident
315
-
705
-
unemployment
463
-
1 034
-
total
3 850
-
7 294
-
Corporate
26 757
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.

24 081
44 550
-
-
total
24 081
44 550
-
-
Dividends
2 676
4 950
-
-
withholding
508
940
-
-
total
508
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
35 321
45 490
23 995
15 520
After tax
14 179
4 010
25 505
33 980
Living cost
12 011
12 011
12 011
12 011
Free-cash
2 168
-8 001
13 494
21 969

Estimated living cost  is ₴12011 per week

₴8814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2254
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

Close
Skopje , Macedonia
₴34910
₴24197
₴21564
₴32905
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
-
-
-
7 580
unemployment
-
-
-
594
work injury
-
-
-
247
health insurance
-
-
-
3 663
pensions
-
-
-
9 108
total
-
-
-
21 192
Employee

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

10 790
-
49 500
-
health insurance
798
-
2 954
-
unemployment
129
-
479
-
work injury
54
-
200
-
pensions
1 985
-
7 346
-
income
1 079
-
7 580
-
total
4 045
-
18 559
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 710
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
38 710
49 005
-
-
withholding
5 806
7 351
-
-
total
5 806
7 351
-
-
Income
49 500
49 500
49 500
49 500
Total tax
9 851
7 846
18 559
21 192
After tax
39 649
41 654
30 941
28 308
Living cost
6 744
6 744
6 744
6 744
Free-cash
32 905
34 910
24 197
21 564

Estimated living cost  is ₴6744 per week

₴4178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1865
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

Close
Rome , Italy
₴6186
₴2815
₴5080
₴3916
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
-
-
-
985
municipal
-
-
-
331
national
-
-
-
10 486
total
-
-
-
24 533
Employee
42 066
-
49 500
-
municipal
251
-
296
-
national
7 109
-
8 981
-
regional
635
-
829
-
social contributions
14 184
-
16 692
-
total
22 179
-
26 798
-
Employer
42 066
-
49 500
-
total
-
-
-
-
Corporate
7 434
49 500
-
-
municipal
358
2 386
-
-
nationa
1 784
11 880
-
-
total
2 142
14 266
-
-
Dividends
5 293
35 233
-
-
withholding
1 376
9 161
-
-
total
1 376
9 161
-
-
Income
49 500
49 500
49 500
49 500
Total tax
25 697
23 427
26 798
24 533
After tax
23 803
26 073
22 702
24 967
Living cost
19 887
19 887
19 887
19 887
Free-cash
3 916
6 186
2 815
5 080

Estimated living cost  is ₴19887 per week

₴13969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1368
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.
₴4249
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close