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
₴ 50000
per

Your estimated
City
free-cash

Andorra , Andorra
₴26827
₴33473
₴28155
₴34632
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
-
-
-
50 000
social contributions
-
-
-
11 000
income
-
-
-
1 805
total
-
-
-
12 805
Employee
11 089
-
43 290
-
social contributions
721
-
2 814
-
income
-
-
1 953
-
total
721
-
4 767
-
Employer
11 089
-
43 290
-
social contributions
1 719
-
6 710
-
total
1 719
-
6 710
-
Corporate
37 192
50 000
-
-
income
3 719
5 000
-
-
total
3 719
5 000
-
-
Dividends
33 473
45 000
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
6 159
5 000
11 477
12 805
After tax
43 841
45 000
38 523
37 195
Living cost
10 368
10 368
10 368
10 368
Free-cash
33 473
34 632
28 155
26 827

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
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.
₴2688
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.

Graz , Austria
₴14581
₴16631
₴2181
₴16803
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
-
-
-
50 000
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
200
pensions
-
-
-
7 455
income
-
-
-
11 563
total
-
-
-
24 415
Employee
15 077
13 745
38 826
-
unemployment
452
412
1 165
-
other
151
137
388
-
income
1 343
1 014
9 230
-
pensions
1 544
1 407
3 976
-
health
583
532
1 503
-
total
4 073
3 502
16 262
-
Employer
15 077
13 745
38 826
-
pensions
1 892
1 725
4 872
-
surtax
-
-
-
-
payroll
452
412
1 165
-
other
716
653
1 844
-
health
570
520
1 467
-
accident
196
179
505
-
unemployment
452
412
1 165
-
chamber of commerce
60
55
155
-
total
4 338
3 956
11 173
-
Corporate
30 584
32 299
37 517
-
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.

7 646
8 074
9 380
-
total
7 646
8 074
9 380
-
Dividends
22 938
24 224
-
-
withholding
6 308
6 661
-
-
total
6 308
6 661
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 365
22 193
36 815
24 415
After tax
27 635
27 807
13 185
25 585
Living cost
11 004
11 004
11 004
11 004
Free-cash
16 631
16 803
2 181
14 581

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3083
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.

Vienna , Austria
₴13363
₴15081
₴1021
₴15615
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
-
-
-
50 000
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
200
pensions
-
-
-
7 455
income
-
-
-
11 563
total
-
-
-
24 483
Employee
17 237
13 745
38 773
-
unemployment
517
412
1 163
-
other
172
137
387
-
income
1 962
1 014
9 212
-
pensions
1 765
1 407
3 970
-
health
667
532
1 500
-
total
5 083
3 502
16 232
-
Employer
17 237
13 745
38 773
-
pensions
2 163
1 725
4 866
-
surtax
68
68
68
-
payroll
517
412
1 163
-
other
819
653
1 842
-
health
651
520
1 466
-
accident
224
179
504
-
unemployment
517
412
1 163
-
chamber of commerce
69
55
155
-
total
5 028
4 024
11 227
-
Corporate
27 734
32 230
37 464
-
income

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

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

6 934
8 057
9 366
-
total
6 934
8 057
9 366
-
Dividends
20 801
24 173
-
-
withholding
5 720
6 648
-
-
total
5 720
6 648
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 765
22 231
36 825
24 483
After tax
27 235
27 769
13 175
25 517
Living cost
12 154
12 154
12 154
12 154
Free-cash
15 081
15 615
1 021
13 363

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2811
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.

Brussels , Belgium
₴9367
₴10237
₴5628
₴15409
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
-
-
-
50 000
national
-
-
-
17 690
communal

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

-
-
-
2 530
social contributions
-
-
-
7 837
total
-
-
-
28 057
Employee

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

24 672
-
38 727
-
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.

215
-
337
-
national
7 585
-
13 442
-
communal

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

1 287
-
2 020
-
pensions

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

1 850
-
2 904
-
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.

1 159
-
1 820
-
total
12 096
-
20 523
-
Employer

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

24 672
-
38 727
-
surtax
2 798
-
4 392
-
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.

2 186
-
3 431
-
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.

1 517
-
2 381
-
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.

321
-
503
-
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.

360
-
566
-
total
7 182
-
11 273
-
Corporate
18 146
50 000
-
-
income
3 629
10 000
-
-
surtax
73
200
-
-
total
3 702
10 200
-
-
Dividends
14 444
39 800
-
-
withholding

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

4 207
11 815
-
-
total
4 207
11 815
-
-
Income
50 000
50 000
50 000
50 000
Total tax
27 187
22 015
31 796
28 057
After tax
22 813
27 985
18 204
21 943
Living cost
12 576
12 576
12 576
12 576
Free-cash
10 237
15 409
5 628
9 367

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
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.
₴3179
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
Sofia , Bulgaria
₴33354
₴34721
₴35200
₴36819
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
-
-
-
50 000
unemployment
-
-
-
48
health
-
-
-
1 385
pensions

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

-
-
-
1 782
income
-
-
-
7 500
total
-
-
-
10 715
Employee
7 853
-
47 637
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
785
-
4 764
-
pensions

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

689
-
1 057
-
health
361
-
554
-
total
1 921
-
6 507
-
Employer
7 853
-
47 637
-
pensions

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

865
-
1 327
-
health
542
-
831
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 540
-
2 362
-
Corporate
40 606
50 000
-
-
income
4 060
5 000
-
-
total
4 060
5 000
-
-
Dividends
36 545
45 000
-
-
withholding
1 827
2 250
-
-
total
1 827
2 250
-
-
Income
50 000
50 000
50 000
50 000
Total tax
9 348
7 250
8 869
10 715
After tax
40 652
42 750
41 131
39 285
Living cost
5 931
5 931
5 931
5 931
Free-cash
34 721
36 819
35 200
33 354

Estimated living cost  is ₴5931 per week

₴3923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴142
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.
₴1527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴34765
₴36628
₴36611
₴38230
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
-
-
-
50 000
unemployment
-
-
-
48
health
-
-
-
1 385
pensions

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

-
-
-
1 782
income
-
-
-
7 500
total
-
-
-
10 715
Employee
5 986
-
47 637
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
4 764
-
pensions

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

526
-
1 057
-
health
275
-
554
-
total
1 465
-
6 507
-
Employer
5 986
-
47 637
-
pensions

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

660
-
1 327
-
health
413
-
831
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 175
-
2 362
-
Corporate
42 840
50 000
-
-
income
4 284
5 000
-
-
total
4 284
5 000
-
-
Dividends
38 556
45 000
-
-
withholding
1 928
2 250
-
-
total
1 928
2 250
-
-
Income
50 000
50 000
50 000
50 000
Total tax
8 852
7 250
8 869
10 715
After tax
41 148
42 750
41 131
39 285
Living cost
4 520
4 520
4 520
4 520
Free-cash
36 628
38 230
36 611
34 765

Estimated living cost  is ₴4520 per week

₴2639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
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.
₴1439
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
Larnaca , Cyprus
₴26727
₴26647
₴26258
₴28525
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
-
-
-
50 000
health
-
-
-
1 275
social contributions
-
-
-
5 581
income
-
-
-
8 431
total
-
-
-
15 287
Employee
26 522
26 522
46 177
-
income
2 888
2 455
8 179
-
social contributions
1 003
2 201
2 969
-
health
206
451
785
-
total
4 097
5 107
11 933
-
Employer
26 522
26 522
46 177
-
social contributions
1 003
2 201
2 969
-
health
223
491
854
-
total
1 226
2 692
3 823
-
Corporate
36 692
20 785
-
-
income
4 586
2 598
-
-
total
4 586
2 598
-
-
Dividends
32 106
18 188
-
-
withholding
5 458
3 092
-
-
total
5 458
3 092
-
-
Income
50 000
50 000
50 000
50 000
Total tax
15 367
13 489
15 756
15 287
After tax
34 633
36 511
34 244
34 713
Living cost
7 986
7 986
7 986
7 986
Free-cash
26 647
28 525
26 258
26 727

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴23526
₴23893
₴23057
₴25324
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
-
-
-
50 000
health
-
-
-
1 275
social contributions
-
-
-
5 581
income
-
-
-
8 431
total
-
-
-
15 287
Employee
26 522
26 522
46 177
-
income
2 785
2 455
8 179
-
social contributions
1 289
2 201
2 969
-
health
264
451
785
-
total
4 338
5 107
11 933
-
Employer
26 522
26 522
46 177
-
social contributions
1 289
2 201
2 969
-
health
287
491
854
-
total
1 576
2 692
3 823
-
Corporate
32 899
20 785
-
-
income
4 113
2 598
-
-
total
4 113
2 598
-
-
Dividends
28 786
18 188
-
-
withholding
4 893
3 092
-
-
total
4 893
3 092
-
-
Income
50 000
50 000
50 000
50 000
Total tax
14 920
13 489
15 756
15 287
After tax
35 080
36 511
34 244
34 713
Living cost
11 187
11 187
11 187
11 187
Free-cash
23 893
25 324
23 057
23 526

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2478
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
Brno , Czech Republic
₴19064
₴23623
₴17413
₴26464
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
-
-
-
50 000
health
-
-
-
6 750
social contributions
-
-
-
11 456
income
-
-
-
4 769
solidarity contribution
-
-
-
-
total
-
-
-
22 975
Employee
11 708
-
37 313
-
income
1 405
-
4 478
-
social contributions
761
-
2 425
-
health
1 581
-
5 037
-
solidarity contribution
-
-
-
-
total
3 747
-
11 940
-
Employer
11 708
-
37 313
-
social contributions
2 927
-
9 328
-
health
1 054
-
3 358
-
total
3 981
-
12 686
-
Corporate
34 312
50 000
-
-
income
6 519
9 500
-
-
total
6 519
9 500
-
-
Dividends
27 793
40 500
-
-
withholding
4 169
6 075
-
-
total
4 169
6 075
-
-
Income
50 000
50 000
50 000
50 000
Total tax
18 416
15 575
24 626
22 975
After tax
31 584
34 425
25 374
27 025
Living cost
7 961
7 961
7 961
7 961
Free-cash
23 623
26 464
17 413
19 064

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
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.
₴1708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴17215
₴21115
₴15564
₴24615
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
-
-
-
50 000
health
-
-
-
6 750
social contributions
-
-
-
11 456
income
-
-
-
4 769
solidarity contribution
-
-
-
-
total
-
-
-
22 975
Employee
14 427
-
37 313
-
income
1 731
-
4 478
-
social contributions
938
-
2 425
-
health
1 948
-
5 037
-
solidarity contribution
-
-
-
-
total
4 617
-
11 940
-
Employer
14 427
-
37 313
-
social contributions
3 607
-
9 328
-
health
1 298
-
3 358
-
total
4 905
-
12 686
-
Corporate
30 668
50 000
-
-
income
5 827
9 500
-
-
total
5 827
9 500
-
-
Dividends
24 841
40 500
-
-
withholding
3 726
6 075
-
-
total
3 726
6 075
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 075
15 575
24 626
22 975
After tax
30 925
34 425
25 374
27 025
Living cost
9 810
9 810
9 810
9 810
Free-cash
21 115
24 615
15 564
17 215

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1802
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
Copenhagen , Denmark
₴13460
-₴25376
-₴25376
-₴25376
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
-
-
-
50 000
national
-
-
-
5 513
pensions
-
-
-
300
municipal
-
-
-
10 090
labour market
-
-
-
3 976
total
-
-
-
19 879
Employee
70 323
70 323
70 323
-
municipal
14 975
14 975
14 975
-
national
8 591
8 591
8 591
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 284
29 284
29 284
-
Employer
70 323
70 323
70 323
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
14 999
14 999
14 999
-
national
8 606
8 606
8 606
-
total
29 431
29 431
29 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
58 715
58 715
58 715
19 879
After tax
-8 715
-8 715
-8 715
30 121
Living cost
16 661
16 661
16 661
16 661
Free-cash
-25 376
-25 376
-25 376
13 460

Estimated living cost  is ₴16661 per week

₴11403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3528
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
Tallinn , Estonia
₴18469
₴29526
₴20488
₴31669
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
-
-
-
50 000
health
-
-
-
6 500
pensions
-
-
-
10 000
income
-
-
-
6 700
total
-
-
-
23 200
Employee
9 785
-
37 369
-
unemployment
156
-
598
-
income
1 102
-
7 205
-
pensions
196
-
747
-
total
1 454
-
8 550
-
Employer
9 785
-
37 369
-
pensions
1 957
-
7 474
-
health
1 272
-
4 858
-
unemployment
79
-
299
-
total
3 308
-
12 631
-
Corporate
36 908
50 000
-
-
income
7 381
10 000
-
-
total
7 381
10 000
-
-
Dividends
29 527
40 000
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
12 143
10 000
21 181
23 200
After tax
37 857
40 000
28 819
26 800
Living cost
8 331
8 331
8 331
8 331
Free-cash
29 526
31 669
20 488
18 469

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴1953
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
Helsinki , Finland
₴20527
₴19342
₴13670
₴18757
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

-
-
-
50 000
national
-
-
-
6 718
health
-
-
-
626
municipal
-
-
-
8 887
total
-
-
-
16 231
Employee
18 147
-
42 062
-
unemployment
272
-
631
-
municipal
2 972
-
6 856
-
national
300
-
4 320
-
pensions
1 225
-
2 839
-
health
135
-
504
-
total
4 904
-
15 150
-
Employer
18 147
-
42 062
-
pensions
3 148
-
7 298
-
health
139
-
324
-
accident
18
-
42
-
unemployment
118
-
274
-
total
3 423
-
7 938
-
Corporate
28 429
50 000
-
-
income
5 686
10 000
-
-
total
5 686
10 000
-
-
Dividends

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

17 057
30 000
-
-
municipal
3 070
5 400
-
-
national
333
2 601
-
-
total
3 403
8 001
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 416
18 001
23 088
16 231
After tax
32 584
31 999
26 912
33 769
Living cost
13 242
13 242
13 242
13 242
Free-cash
19 342
18 757
13 670
20 527

Estimated living cost  is ₴13242 per week

₴8650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴3108
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.

Marseille , France
₴17719
₴16487
₴18050
₴14568
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
-
-
-
50 000
surtax
-
-
-
-
health
-
-
-
1 778
pensions
-
-
-
9 941
social contributions
-
-
-
1 424
income
-
-
-
6 956
other
-
-
-
1 550
total
-
-
-
21 649
Employee
13 177
-
39 344
-
income
679
-
7 075
-
surtax
-
-
-
-
social contributions
376
-
1 121
-
pensions
1 490
-
2 467
-
total
2 545
-
10 663
-
Employer
13 177
-
39 344
-
pensions
2 165
-
4 201
-
social contributions
39
-
118
-
other
455
-
1 421
-
health
922
-
3 322
-
unemployment
533
-
1 593
-
total
4 114
-
10 655
-
Corporate
32 708
50 000
-
-
income
9 158
14 000
-
-
surtax
-
-
-
-
total
9 158
14 000
-
-
Dividends
23 549
36 000
-
-
withholding
3 014
4 608
-
-
social contributions
4 050
6 192
-
-
surtax
-
-
-
-
total
7 064
10 800
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 881
24 800
21 318
21 649
After tax
27 119
25 200
28 682
28 351
Living cost
10 632
10 632
10 632
10 632
Free-cash
16 487
14 568
18 050
17 719

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴16550
₴15436
₴16881
₴13399
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
-
-
-
50 000
surtax
-
-
-
-
health
-
-
-
1 778
pensions
-
-
-
9 941
social contributions
-
-
-
1 424
income
-
-
-
6 956
other
-
-
-
1 550
total
-
-
-
21 649
Employee
14 762
-
39 344
-
income
871
-
7 075
-
surtax
-
-
-
-
social contributions
421
-
1 121
-
pensions
1 669
-
2 467
-
total
2 961
-
10 663
-
Employer
14 762
-
39 344
-
pensions
2 425
-
4 201
-
social contributions
45
-
118
-
other
509
-
1 421
-
health
1 034
-
3 322
-
unemployment
598
-
1 593
-
total
4 611
-
10 655
-
Corporate
30 628
50 000
-
-
income
8 576
14 000
-
-
surtax
-
-
-
-
total
8 576
14 000
-
-
Dividends
22 052
36 000
-
-
withholding
2 822
4 608
-
-
social contributions
3 793
6 192
-
-
surtax
-
-
-
-
total
6 615
10 800
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 763
24 800
21 318
21 649
After tax
27 237
25 200
28 682
28 351
Living cost
11 801
11 801
11 801
11 801
Free-cash
15 436
13 399
16 881
16 550

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3200
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
Paris , France
₴11692
₴10912
₴12023
₴8541
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
-
-
-
50 000
surtax
-
-
-
-
health
-
-
-
1 778
pensions
-
-
-
9 941
social contributions
-
-
-
1 424
income
-
-
-
6 956
other
-
-
-
1 550
total
-
-
-
21 649
Employee
21 603
-
39 344
-
income
1 885
-
7 075
-
surtax
-
-
-
-
social contributions
615
-
1 121
-
pensions
2 443
-
2 467
-
total
4 943
-
10 663
-
Employer
21 603
-
39 344
-
pensions
3 550
-
4 201
-
social contributions
65
-
118
-
other
746
-
1 421
-
health
1 512
-
3 322
-
unemployment
875
-
1 593
-
total
6 748
-
10 655
-
Corporate
21 650
50 000
-
-
income
6 062
14 000
-
-
surtax
-
-
-
-
total
6 062
14 000
-
-
Dividends
15 588
36 000
-
-
withholding
1 995
4 608
-
-
social contributions
2 681
6 192
-
-
surtax
-
-
-
-
total
4 676
10 800
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 429
24 800
21 318
21 649
After tax
27 571
25 200
28 682
28 351
Living cost
16 659
16 659
16 659
16 659
Free-cash
10 912
8 541
12 023
11 692

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴47268
₴44849
₴37768
₴45268
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%.

-
-
-
50 000
microenterprise

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

-
-
-
500
total
-
-
-
500
Employee
2 789
-
50 000
-
income
558
-
10 000
-
total
558
-
10 000
-
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%.

47 211
50 000
-
-
total
-
-
-
-
Dividends
47 211
50 000
-
-
withholding
2 361
2 500
-
-
total
2 361
2 500
-
-
Income
50 000
50 000
50 000
50 000
Total tax
2 919
2 500
10 000
500
After tax
47 081
47 500
40 000
49 500
Living cost
2 232
2 232
2 232
2 232
Free-cash
44 849
45 268
37 768
47 268

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
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.
₴602
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.

Tbilisi , Georgia
₴46023
₴43371
₴36523
₴44023
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%.

-
-
-
50 000
microenterprise

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

-
-
-
500
total
-
-
-
500
Employee
4 347
-
50 000
-
income
869
-
10 000
-
total
869
-
10 000
-
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%.

45 653
50 000
-
-
total
-
-
-
-
Dividends
45 653
50 000
-
-
withholding
2 283
2 500
-
-
total
2 283
2 500
-
-
Income
50 000
50 000
50 000
50 000
Total tax
3 152
2 500
10 000
500
After tax
46 848
47 500
40 000
49 500
Living cost
3 477
3 477
3 477
3 477
Free-cash
43 371
44 023
36 523
46 023

Estimated living cost  is ₴3477 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
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.
₴862
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.

Berlin , Germany
₴14407
₴16947
₴19281
₴12434
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.

-
-
-
50 000
surtax

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

-
-
-
784
health

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

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

-
-
-
2 356
income

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

-
-
-
14 263
trade
-
-
-
4 874
total
-
-
-
22 277
Employee

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

17 162
-
50 000
-
income

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

1 411
-
14 263
-
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.

78
-
784
-
health

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

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

2 356
-
2 356
-
total
3 845
-
17 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 838
50 000
-
-
trade
4 712
7 175
-
-
income
4 925
7 500
-
-
chamber of commerce
101
126
-
-
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.

271
412
-
-
total
10 009
15 213
-
-
Dividends
22 829
34 787
-
-
withholding
5 576
8 566
-
-
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.

307
471
-
-
total
5 883
9 037
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 737
24 250
17 403
22 277
After tax
30 263
25 750
32 597
27 723
Living cost
13 316
13 316
13 316
13 316
Free-cash
16 947
12 434
19 281
14 407

Estimated living cost  is ₴13316 per week

₴9186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴193
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.
₴2504
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.

Dresden , Germany
₴16800
₴18604
₴22150
₴14790
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.

-
-
-
50 000
surtax

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

-
-
-
784
health

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

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

-
-
-
2 356
income

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

-
-
-
14 263
trade
-
-
-
5 350
total
-
-
-
22 753
Employee

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

13 192
-
50 000
-
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.

369
-
14 263
-
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.

20
-
784
-
health

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

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

2 356
-
2 356
-
total
2 745
-
17 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 808
50 000
-
-
trade
5 797
7 875
-
-
income
5 521
7 500
-
-
chamber of commerce
105
124
-
-
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.

304
412
-
-
total
11 727
15 911
-
-
Dividends
25 080
34 089
-
-
withholding
6 139
8 391
-
-
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.

338
461
-
-
total
6 477
8 852
-
-
Income
50 000
50 000
50 000
50 000
Total tax
20 949
24 763
17 403
22 753
After tax
29 051
25 237
32 597
27 247
Living cost
10 447
10 447
10 447
10 447
Free-cash
18 604
14 790
22 150
16 800

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
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.
₴2462
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.

Hamburg , Germany
₴13460
₴16276
₴19047
₴11428
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.

-
-
-
50 000
surtax

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

-
-
-
784
health

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

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

-
-
-
2 356
income

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

-
-
-
14 263
trade
-
-
-
5 587
total
-
-
-
22 990
Employee

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

17 491
-
50 000
-
income

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

1 503
-
14 263
-
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.

82
-
784
-
health

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

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

2 356
-
2 356
-
total
3 941
-
17 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 509
50 000
-
-
trade
5 348
8 225
-
-
income
4 876
7 500
-
-
chamber of commerce
99
124
-
-
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.

268
412
-
-
total
10 591
16 261
-
-
Dividends
21 917
33 739
-
-
withholding
5 348
8 304
-
-
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.

294
457
-
-
total
5 642
8 761
-
-
Income
50 000
50 000
50 000
50 000
Total tax
20 174
25 022
17 403
22 990
After tax
29 826
24 978
32 597
27 010
Living cost
13 550
13 550
13 550
13 550
Free-cash
16 276
11 428
19 047
13 460

Estimated living cost  is ₴13550 per week

₴9062
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.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2856
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.

Munich , Germany
₴10971
₴14513
₴16796
₴8921
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.

-
-
-
50 000
surtax

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

-
-
-
784
health

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

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

-
-
-
2 356
income

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

-
-
-
14 263
trade
-
-
-
5 825
total
-
-
-
23 228
Employee

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

20 729
-
50 000
-
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.

2 438
-
14 263
-
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.

134
-
784
-
health

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

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

2 356
-
2 356
-
total
4 928
-
17 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 271
50 000
-
-
trade
5 020
8 575
-
-
income
4 391
7 500
-
-
chamber of commerce
94
123
-
-
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.

242
412
-
-
total
9 747
16 610
-
-
Dividends
19 526
33 390
-
-
withholding
4 750
8 216
-
-
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.

261
452
-
-
total
5 011
8 668
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 686
25 278
17 403
23 228
After tax
30 314
24 722
32 597
26 772
Living cost
15 801
15 801
15 801
15 801
Free-cash
14 513
8 921
16 796
10 971

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2792
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.

Athens , Greece
₴15978
₴22606
₴14638
₴23703
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
-
-
-
50 000
surtax
-
-
-
1 713
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
12 008
other
-
-
-
-
total
-
-
-
26 275
Employee
11 616
-
41 305
-
unemployment
808
-
2 875
-
other
-
-
-
-
income
1 947
-
10 736
-
surtax
41
-
1 501
-
pensions
775
-
2 755
-
health
297
-
1 053
-
total
3 868
-
18 920
-
Employer
11 616
-
41 305
-
pensions
1 549
-
5 506
-
other
-
-
-
-
health
528
-
1 880
-
unemployment
369
-
1 309
-
total
2 446
-
8 695
-
Corporate
35 939
50 000
-
-
income
9 344
13 000
-
-
total
9 344
13 000
-
-
Dividends
26 595
37 000
-
-
withholding
3 989
5 550
-
-
total
3 989
5 550
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 647
18 550
27 615
26 275
After tax
30 353
31 450
22 385
23 725
Living cost
7 747
7 747
7 747
7 747
Free-cash
22 606
23 703
14 638
15 978

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2217
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
Thessaloniki , Greece
₴16114
₴22765
₴14774
₴23839
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
-
-
-
50 000
surtax
-
-
-
1 713
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
12 008
other
-
-
-
-
total
-
-
-
26 275
Employee
11 406
-
41 305
-
unemployment
794
-
2 875
-
other
-
-
-
-
income
1 912
-
10 736
-
surtax
37
-
1 501
-
pensions
761
-
2 755
-
health
291
-
1 053
-
total
3 795
-
18 920
-
Employer
11 406
-
41 305
-
pensions
1 521
-
5 506
-
other
-
-
-
-
health
519
-
1 880
-
unemployment
361
-
1 309
-
total
2 401
-
8 695
-
Corporate
36 193
50 000
-
-
income
9 410
13 000
-
-
total
9 410
13 000
-
-
Dividends
26 783
37 000
-
-
withholding
4 018
5 550
-
-
total
4 018
5 550
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 624
18 550
27 615
26 275
After tax
30 376
31 450
22 385
23 725
Living cost
7 611
7 611
7 611
7 611
Free-cash
22 765
23 839
14 774
16 114

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2079
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
Budapest , Hungary
₴27790
₴21418
₴22138
₴21276
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
-
-
-
50 000
unemployment
-
-
-
750
health
-
-
-
3 500
pensions
-
-
-
5 000
income
-
-
-
6 113
total
-
-
-
15 363
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.

9 884
3 934
41 841
-
unemployment
148
59
628
-
income
1 208
481
5 115
-
pensions
988
393
4 184
-
health
692
275
2 929
-
total
3 036
1 208
12 856
-
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.

9 884
3 934
41 841
-
pensions
1 927
767
8 159
-
total
1 927
767
8 159
-
Corporate
38 189
45 299
-
-
income
3 437
4 077
-
-
total
3 437
4 077
-
-
Dividends
34 752
41 222
-
-
withholding
6 603
7 832
-
-
social contributions
6 732
7 993
-
-
total
13 335
15 825
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 735
21 877
21 015
15 363
After tax
28 265
28 123
28 985
34 637
Living cost
6 847
6 847
6 847
6 847
Free-cash
21 418
21 276
22 138
27 790

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1478
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
Reykjavik , Iceland
₴12943
₴14224
₴13335
₴14501
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
-
-
-
50 000
national
-
-
-
8 400
pensions
-
-
-
6 000
social contributions
-
-
-
537
municipal
-
-
-
5 421
total
-
-
-
20 358
Employee
25 887
-
43 225
-
municipal
3 197
-
5 614
-
national
4 955
-
8 700
-
pensions
1 035
-
1 729
-
total
9 187
-
16 043
-
Employer
25 887
-
43 225
-
pensions
2 071
-
3 458
-
social contributions
278
-
465
-
total
2 349
-
3 923
-
Corporate
20 056
50 000
-
-
income

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

4 011
10 000
-
-
total
4 011
10 000
-
-
Dividends
16 045
40 000
-
-
withholding
3 530
8 800
-
-
total
3 530
8 800
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 077
18 800
19 966
20 358
After tax
30 923
31 200
30 034
29 642
Living cost
16 699
16 699
16 699
16 699
Free-cash
14 224
14 501
13 335
12 943

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
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.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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.

Dublin , Ireland
₴7960
₴16114
₴7960
₴15352
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
-
-
-
50 000
social contributions
-
-
-
8 093
income
-
-
-
14 299
total
-
-
-
22 392
Employee
26 980
-
50 000
-
social contributions
2 241
-
8 093
-
income
5 091
-
14 299
-
total
7 332
-
22 392
-
Employer
26 980
-
50 000
-
total
-
-
-
-
Corporate
23 020
50 000
-
-
income
2 877
6 250
-
-
total
2 877
6 250
-
-
Dividends
20 142
43 750
-
-
withholding
4 029
8 750
-
-
total
4 029
8 750
-
-
Income
50 000
50 000
50 000
50 000
Total tax
14 238
15 000
22 392
22 392
After tax
35 762
35 000
27 608
27 608
Living cost
19 648
19 648
19 648
19 648
Free-cash
16 114
15 352
7 960
7 960

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
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.
₴2911
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.

Milan , Italy
₴9971
₴10322
₴7626
₴12123
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
-
-
-
50 000
national
-
-
-
11 739
regional
-
-
-
579
social contributions
-
-
-
12 860
municipal
-
-
-
297
total
-
-
-
25 475
Employee
30 654
-
50 000
-
municipal
162
-
265
-
national
5 312
-
10 185
-
social contributions
10 337
-
16 860
-
regional
289
-
510
-
total
16 100
-
27 820
-
Employer
30 654
-
50 000
-
total
-
-
-
-
Corporate
19 346
50 000
-
-
nationa
4 643
12 000
-
-
municipal
755
1 950
-
-
total
5 398
13 950
-
-
Dividends
13 948
36 050
-
-
withholding
3 626
9 373
-
-
total
3 626
9 373
-
-
Income
50 000
50 000
50 000
50 000
Total tax
25 124
23 323
27 820
25 475
After tax
24 876
26 677
22 180
24 525
Living cost
14 554
14 554
14 554
14 554
Free-cash
10 322
12 123
7 626
9 971

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3231
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
Naples , Italy
₴15059
₴16225
₴12727
₴16990
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
-
-
-
50 000
national
-
-
-
11 739
regional
-
-
-
754
social contributions
-
-
-
12 860
municipal
-
-
-
297
total
-
-
-
25 650
Employee
19 133
-
50 000
-
municipal
101
-
265
-
national
3 031
-
10 185
-
social contributions
6 452
-
16 860
-
regional
258
-
672
-
total
9 842
-
27 982
-
Employer
19 133
-
50 000
-
total
-
-
-
-
Corporate
30 867
50 000
-
-
nationa
7 408
12 000
-
-
municipal
1 534
2 485
-
-
total