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
₴ 52500
per

Your estimated
City
free-cash

Valencia , Spain
₴25296
₴19832
₴21108
₴26641
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
-
-
-
52 500
unemployment
-
-
-
197
income
-
-
-
14 565
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
23 025
Employee
11 250
-
43 510
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
13 520
-
other
11
-
28
-
total
2 883
-
15 311
-
Employer
11 250
-
43 510
-
pensions
2 655
-
6 655
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 990
-
Corporate
37 663
52 500
-
-
income

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

5 650
7 875
-
-
total
5 650
7 875
-
-
Dividends
32 014
44 625
-
-
withholding
6 717
9 617
-
-
total
6 717
9 617
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 837
17 492
24 301
23 025
After tax
33 663
35 008
28 199
29 475
Living cost
8 367
8 367
8 367
8 367
Free-cash
25 296
26 641
19 832
21 108

Estimated living cost  is ₴8367 per week

₴5647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₴28410
₴21676
₴21052
₴30465
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
-
-
-
52 500
pensions

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

-
-
-
11 104
income
-
-
-
8 003
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
23 341
Employee
11 047
-
41 932
-
health
155
-
587
-
unemployment
110
-
419
-
pensions

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

773
-
2 935
-
income
1 902
-
8 210
-
total
2 940
-
12 151
-
Employer
11 047
-
41 932
-
health
155
-
587
-
pensions

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

1 878
-
7 128
-
accident
88
-
335
-
unemployment
110
-
419
-
other
553
-
2 097
-
total
2 784
-
10 566
-
Corporate
38 669
52 500
-
-
income
8 120
11 025
-
-
total
8 120
11 025
-
-
Dividends
30 548
41 475
-
-
withholding
2 139
2 903
-
-
total
2 139
2 903
-
-
Income
52 500
52 500
52 500
52 500
Total tax
15 983
13 928
22 717
23 341
After tax
36 517
38 572
29 783
29 159
Living cost
8 107
8 107
8 107
8 107
Free-cash
28 410
30 465
21 676
21 052

Estimated living cost  is ₴8107 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₴39488
₴39847
₴37802
₴40901
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
-
-
-
52 500
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
7 875
health
-
-
-
1 222
total
-
-
-
10 711
Employee
5 280
-
50 416
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
5 042
-
total
1 293
-
6 581
-
Employer
5 280
-
50 416
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
46 184
52 500
-
-
income
4 618
5 250
-
-
total
4 618
5 250
-
-
Dividends
41 566
47 250
-
-
withholding
2 078
2 362
-
-
total
2 078
2 362
-
-
Income
52 500
52 500
52 500
52 500
Total tax
9 025
7 612
8 666
10 711
After tax
43 475
44 888
43 834
41 789
Living cost
3 987
3 987
3 987
3 987
Free-cash
39 488
40 901
39 847
37 802

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₴17849
₴18559
₴19192
₴16051
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
-
-
-
52 500
income
-
-
-
8 122
other
-
-
-
1 628
health
-
-
-
2 186
social contributions
-
-
-
1 496
pensions
-
-
-
9 466
surtax
-
-
-
-
total
-
-
-
22 898
Employee
13 022
-
40 742
-
pensions
1 472
-
2 786
-
income
768
-
7 826
-
social contributions
371
-
1 161
-
surtax
-
-
-
-
total
2 611
-
11 773
-
Employer
13 022
-
40 742
-
health
912
-
3 715
-
social contributions
39
-
122
-
pensions
2 139
-
4 701
-
unemployment
527
-
1 650
-
other
449
-
1 570
-
total
4 066
-
11 758
-
Corporate
35 412
52 500
-
-
income
9 915
14 700
-
-
surtax
-
-
-
-
total
9 915
14 700
-
-
Dividends
25 496
37 800
-
-
social contributions
4 386
6 501
-
-
surtax
-
-
-
-
withholding
3 263
4 838
-
-
total
7 649
11 339
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 241
26 039
23 531
22 898
After tax
28 259
26 461
28 969
29 602
Living cost
10 410
10 410
10 410
10 410
Free-cash
17 849
16 051
18 559
19 192

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₴11367
₴19936
₴16314
₴13230
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
-
-
-
52 500
pensions
-
-
-
3 565
income
-
-
-
16 123
health
-
-
-
3 752
total
-
-
-
23 440
Employee
25 982
25 982
46 846
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

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

4 253
4 253
6 847
-
total
12 918
11 210
14 164
-
Employer
25 982
25 982
46 846
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
22 287
21 968
-
-
income
4 457
4 394
-
-
total
4 457
4 394
-
-
Dividends
17 829
17 574
-
-
income
3 789
3 735
-
-
withholding
2 674
2 636
-
-
total
6 463
6 371
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 387
26 524
19 818
23 440
After tax
24 113
25 976
32 682
29 060
Living cost
12 746
12 746
12 746
12 746
Free-cash
11 367
13 230
19 936
16 314

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₴20631
₴24212
₴18171
₴17264
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.

-
-
-
52 500
trade
-
-
-
6 041
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.

-
-
-
16 107
health

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

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

-
-
-
2 079
surtax

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

-
-
-
886
total
-
-
-
25 113
Employee

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

11 637
-
52 500
-
health

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

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

2 079
-
2 079
-
income

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

325
-
16 107
-
surtax

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

18
-
886
-
total
2 422
-
19 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 863
52 500
-
-
income
6 129
7 875
-
-
trade
6 436
8 269
-
-
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.

337
433
-
-
chamber of commerce
105
122
-
-
total
13 007
16 699
-
-
Dividends
27 855
35 802
-
-
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.

376
486
-
-
withholding
6 848
8 835
-
-
total
7 224
9 321
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 653
26 020
19 072
25 113
After tax
29 847
26 480
33 428
27 387
Living cost
9 216
9 216
9 216
9 216
Free-cash
20 631
17 264
24 212
18 171

Estimated living cost  is ₴9216 per week

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

Additional information

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

Larnaca , Cyprus
₴29603
₴28429
₴28894
₴31258
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
-
-
-
52 500
income
-
-
-
10 300
health
-
-
-
1 339
social contributions
-
-
-
4 923
total
-
-
-
16 562
Employee
23 396
23 396
48 975
-
health
181
398
833
-
income
2 547
2 166
10 050
-
social contributions
885
1 942
2 619
-
total
3 613
4 506
13 502
-
Employer
23 396
23 396
48 975
-
health
197
433
906
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 525
-
Corporate
40 761
26 729
-
-
income
5 095
3 341
-
-
total
5 095
3 341
-
-
Dividends
35 666
23 388
-
-
withholding
6 063
3 976
-
-
total
6 063
3 976
-
-
Income
52 500
52 500
52 500
52 500
Total tax
15 853
14 198
17 027
16 562
After tax
36 647
38 302
35 473
35 938
Living cost
7 044
7 044
7 044
7 044
Free-cash
29 603
31 258
28 429
28 894

Estimated living cost  is ₴7044 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₴20012
₴14663
₴18630
₴20318
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.

-
-
-
52 500
income
-
-
-
6 082
social contributions

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

-
-
-
18 244
surtax
-
-
-
-
total
-
-
-
24 326
Employee
13 993
-
42 424
-
income
2 911
-
13 551
-
social contributions
1 539
-
4 666
-
surtax
-
-
-
-
total
4 450
-
18 217
-
Employer
13 993
-
42 424
-
social contributions
3 323
-
10 076
-
total
3 323
-
10 076
-
Corporate
35 183
52 500
-
-
income
7 389
11 025
-
-
surtax
-
-
-
-
total
7 389
11 025
-
-
Dividends
27 794
41 475
-
-
withholding
7 783
11 613
-
-
total
7 783
11 613
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 945
22 638
28 293
24 326
After tax
29 555
29 862
24 207
28 174
Living cost
9 544
9 544
9 544
9 544
Free-cash
20 012
20 318
14 663
18 630

Estimated living cost  is ₴9544 per week

₴7140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₴47069
₴39637
₴49612
₴47512
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%.

-
-
-
52 500
microenterprise

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

-
-
-
525
total
-
-
-
525
Employee
2 953
-
52 500
-
income
591
-
10 500
-
total
591
-
10 500
-
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%.

49 547
52 500
-
-
total
-
-
-
-
Dividends
49 547
52 500
-
-
withholding
2 477
2 625
-
-
total
2 477
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
3 068
2 625
10 500
525
After tax
49 432
49 875
42 000
51 975
Living cost
2 363
2 363
2 363
2 363
Free-cash
47 069
47 512
39 637
49 612

Estimated living cost  is ₴2363 per week

₴1464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₴25439
₴16146
₴17535
₴27985
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.

-
-
-
52 500
pensions
-
-
-
9 588
unemployment
-
-
-
79
income
-
-
-
11 971
health
-
-
-
5 166
total
-
-
-
26 804
Employee

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

13 454
-
45 427
-
health
869
-
2 935
-
unemployment
19
-
64
-
pensions
2 086
-
7 041
-
income
2 320
-
11 081
-
total
5 294
-
21 121
-
Employer

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

13 454
-
45 427
-
health
896
-
3 025
-
pensions
1 191
-
4 020
-
unemployment
8
-
27
-
total
2 095
-
7 072
-
Corporate
36 951
52 500
-
-
income
7 021
9 975
-
-
total
7 021
9 975
-
-
Dividends
29 930
42 525
-
-
withholding
4 490
6 379
-
-
total
4 490
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 900
16 354
28 193
26 804
After tax
33 600
36 146
24 307
25 696
Living cost
8 161
8 161
8 161
8 161
Free-cash
25 439
27 985
16 146
17 535

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₴22538
₴26349
₴30870
₴21473
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.

-
-
-
52 500
income
-
-
-
8 661
health

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

-
-
-
1 924
total
-
-
-
10 585
Employee
13 957
-
51 100
-
social contributions
1 398
-
1 400
-
income
1 514
-
12 306
-
total
2 912
-
13 706
-
Employer
13 957
-
51 100
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
37 144
52 500
-
-
income
13 000
18 375
-
-
total
13 000
18 375
-
-
Dividends
24 144
34 125
-
-
social contributions
1 607
1 607
-
-
total
1 607
1 607
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 917
19 982
15 106
10 585
After tax
33 583
32 518
37 394
41 915
Living cost
11 045
11 045
11 045
11 045
Free-cash
22 538
21 473
26 349
30 870

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₴25736
₴26212
₴27263
₴25578
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
-
-
-
52 500
income
-
-
-
7 875
health
-
-
-
3 665
social contributions
-
-
-
7 245
total
-
-
-
18 785
Employee
10 316
-
52 500
-
health
720
-
3 665
-
income
1 721
-
8 926
-
social contributions
1 424
-
7 245
-
total
3 865
-
19 836
-
Employer
10 316
-
52 500
-
total
-
-
-
-
Corporate
42 184
52 500
-
-
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%.

2 109
2 625
-
-
total
2 109
2 625
-
-
Dividends
40 075
49 875
-
-
social contributions
5 530
6 883
-
-
withholding
6 011
7 481
-
-
health
2 797
3 481
-
-
total
14 338
17 845
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 312
20 470
19 836
18 785
After tax
32 188
32 030
32 664
33 715
Living cost
6 452
6 452
6 452
6 452
Free-cash
25 736
25 578
26 212
27 263

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₴24591
₴19270
₴21532
₴27629
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
-
-
-
52 500
income
-
-
-
5 320
health
-
-
-
7 087
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
98
total
-
-
-
22 451
Employee
12 525
-
40 353
-
health
1 691
-
5 448
-
solidarity contribution
-
-
-
-
income
1 503
-
4 904
-
social contributions
814
-
2 214
-
total
4 008
-
12 566
-
Employer
12 525
-
40 353
-
health
1 127
-
3 632
-
social contributions
3 131
-
8 515
-
total
4 258
-
12 147
-
Corporate
35 716
52 500
-
-
income
6 786
9 975
-
-
total
6 786
9 975
-
-
Dividends
28 930
42 525
-
-
withholding
4 340
6 379
-
-
total
4 340
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 392
16 354
24 713
22 451
After tax
33 108
36 146
27 787
30 049
Living cost
8 517
8 517
8 517
8 517
Free-cash
24 591
27 629
19 270
21 532

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₴45503
₴38318
₴48293
₴46193
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%.

-
-
-
52 500
microenterprise

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

-
-
-
525
total
-
-
-
525
Employee
4 602
-
52 500
-
income
920
-
10 500
-
total
920
-
10 500
-
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%.

47 898
52 500
-
-
total
-
-
-
-
Dividends
47 898
52 500
-
-
withholding
2 395
2 625
-
-
total
2 395
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
3 315
2 625
10 500
525
After tax
49 185
49 875
42 000
51 975
Living cost
3 682
3 682
3 682
3 682
Free-cash
45 503
46 193
38 318
48 293

Estimated living cost  is ₴3682 per week

₴2491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₴13856
₴14274
₴14907
₴11766
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
-
-
-
52 500
income
-
-
-
8 122
other
-
-
-
1 628
health
-
-
-
2 186
social contributions
-
-
-
1 496
pensions
-
-
-
9 466
surtax
-
-
-
-
total
-
-
-
22 898
Employee
19 056
-
40 742
-
pensions
2 155
-
2 786
-
income
1 663
-
7 826
-
social contributions
543
-
1 161
-
surtax
-
-
-
-
total
4 361
-
11 773
-
Employer
19 056
-
40 742
-
health
1 334
-
3 715
-
social contributions
57
-
122
-
pensions
3 131
-
4 701
-
unemployment
772
-
1 650
-
other
658
-
1 570
-
total
5 952
-
11 758
-
Corporate
27 492
52 500
-
-
income
7 698
14 700
-
-
surtax
-
-
-
-
total
7 698
14 700
-
-
Dividends
19 795
37 800
-
-
social contributions
3 404
6 501
-
-
surtax
-
-
-
-
withholding
2 534
4 838
-
-
total
5 938
11 339
-
-
Income
52 500
52 500
52 500
52 500
Total tax
23 949
26 039
23 531
22 898
After tax
28 551
26 461
28 969
29 602
Living cost
14 695
14 695
14 695
14 695
Free-cash
13 856
11 766
14 274
14 907

Estimated living cost  is ₴14695 per week

₴9945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₴31194
₴26921
₴26922
₴32685
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.

-
-
-
52 500
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
11 858
health
-
-
-
2 309
total
-
-
-
20 332
Employee

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

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

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

7 911
-
48 487
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
11 858
-
total
2 664
-
16 320
-
Employer

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

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

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

7 911
-
48 487
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
43 173
52 500
-
-
income
6 476
7 875
-
-
total
6 476
7 875
-
-
Dividends
36 697
44 625
-
-
withholding
5 505
6 694
-
-
total
5 505
6 694
-
-
Income
52 500
52 500
52 500
52 500
Total tax
16 060
14 569
20 333
20 332
After tax
36 440
37 931
32 167
32 168
Living cost
5 246
5 246
5 246
5 246
Free-cash
31 194
32 685
26 921
26 922

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₴12169
₴19172
₴21423
₴3318
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
-
-
-
52 500
pensions
-
-
-
4 830
city
-
-
-
553
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.

-
-
-
1 050
health
-
-
-
118
regional
-
-
-
2 748
national
-
-
-
1 089
total
-
-
-
10 388
Employee
24 212
-
47 057
-
health
55
-
106
-
unemployment
-
-
-
-
city
260
-
506
-
pensions
2 034
-
3 879
-
regional
793
-
2 393
-
national
115
-
829
-
total
3 257
-
7 713
-
Employer
24 212
-
47 057
-
health
55
-
106
-
pensions
2 034
-
3 879
-
unemployment
-
-
-
-
other

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

484
-
941
-
total
2 573
-
4 926
-
Corporate
25 449
52 500
-
-
regional
5 383
11 104
-
-
national
2 163
4 462
-
-
total
7 546
15 566
-
-
Dividends
17 903
36 934
-
-
withholding
6 266
12 927
-
-
total
6 266
12 927
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 642
28 493
12 639
10 388
After tax
32 858
24 007
39 861
42 112
Living cost
20 689
20 689
20 689
20 689
Free-cash
12 169
3 318
19 172
21 423

Estimated living cost  is ₴20689 per week

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

Additional information

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

Helsinki , Finland
₴22024
₴15929
₴22340
₴21285
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

-
-
-
52 500
municipal
-
-
-
9 328
health
-
-
-
681
national
-
-
-
8 470
total
-
-
-
18 479
Employee
16 007
-
44 166
-
health
120
-
553
-
unemployment
240
-
662
-
pensions
1 080
-
2 981
-
national
264
-
5 165
-
municipal
2 622
-
7 195
-
total
4 326
-
16 556
-
Employer
16 007
-
44 166
-
health
123
-
340
-
pensions
2 777
-
7 663
-
accident
16
-
44
-
unemployment
104
-
287
-
total
3 020
-
8 334
-
Corporate
33 472
52 500
-
-
income
6 694
10 500
-
-
total
6 694
10 500
-
-
Dividends

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

20 084
31 500
-
-
municipal
3 615
5 670
-
-
national
1 140
3 364
-
-
total
4 755
9 034
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 795
19 534
24 890
18 479
After tax
33 705
32 966
27 610
34 021
Living cost
11 681
11 681
11 681
11 681
Free-cash
22 024
21 285
15 929
22 340

Estimated living cost  is ₴11681 per week

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

Additional information

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

Brussels , Belgium
₴13707
₴7450
₴11659
₴18270
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
-
-
-
52 500
communal

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

-
-
-
2 695
social contributions
-
-
-
7 586
national
-
-
-
19 466
total
-
-
-
29 747
Employee

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

21 764
-
40 664
-
health

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

1 023
-
1 911
-
communal

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

1 135
-
2 121
-
unemployment

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

189
-
354
-
pensions

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

1 632
-
3 050
-
national
6 691
-
14 683
-
total
10 670
-
22 119
-
Employer

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

21 764
-
40 664
-
health

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

1 338
-
2 501
-
pensions

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

1 928
-
3 603
-
surtax
2 468
-
4 611
-
accident

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

283
-
528
-
unemployment

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

318
-
594
-
total
6 335
-
11 837
-
Corporate
24 401
52 500
-
-
income
4 880
10 500
-
-
surtax
98
210
-
-
total
4 978
10 710
-
-
Dividends
19 424
41 790
-
-
withholding

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

5 716
12 426
-
-
total
5 716
12 426
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 699
23 136
33 956
29 747
After tax
24 801
29 364
18 544
22 753
Living cost
11 094
11 094
11 094
11 094
Free-cash
13 707
18 270
7 450
11 659

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₴15173
₴13796
₴14117
₴15469
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
-
-
-
52 500
unemployment
-
-
-
29
municipal
-
-
-
13 157
other
-
-
-
3 361
health
-
-
-
1 805
national
-
-
-
3 651
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
25 187
Employee
18 803
-
43 413
-
national
-
-
3 474
-
municipal
5 607
-
12 946
-
total
5 607
-
16 420
-
Employer
18 803
-
43 413
-
health
1 156
-
1 779
-
pensions
2 033
-
3 126
-
accident
38
-
58
-
unemployment
496
-
764
-
other
2 185
-
3 361
-
total
5 908
-
9 088
-
Corporate
27 789
52 500
-
-
income
6 113
11 550
-
-
total
6 113
11 550
-
-
Dividends
21 675
40 950
-
-
withholding
6 503
12 285
-
-
total
6 503
12 285
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 131
23 835
25 508
25 187
After tax
28 369
28 665
26 992
27 313
Living cost
13 196
13 196
13 196
13 196
Free-cash
15 173
15 469
13 796
14 117

Estimated living cost  is ₴13196 per week

₴8746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
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.
₴2955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴1020
₴33308
₴21574
₴17233
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
-
-
-
52 500
income
-
-
-
10 233
social contributions
-
-
-
5 985
total
-
-
-
16 218
Employee
21 090
-
-
-
income
4 652
-
-
-
social contributions
1 729
-
246
-
total
6 381
-
246
-
Employer
21 090
-
-
-
social contributions
29 736
-
4 238
-
total
29 736
-
4 238
-
Corporate
1 674
52 500
-
-
income
368
11 550
-
-
total
368
11 550
-
-
Dividends
1 306
40 950
-
-
income
287
9 009
-
-
total
287
9 009
-
-
Income
52 500
52 500
52 500
52 500
Total tax
36 772
20 559
4 484
16 218
After tax
15 728
31 941
48 016
36 282
Living cost
14 708
14 708
14 708
14 708
Free-cash
1 020
17 233
33 308
21 574

Estimated living cost  is ₴14708 per week

₴9543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴27172
₴25604
₴26069
₴28433
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
-
-
-
52 500
income
-
-
-
10 300
health
-
-
-
1 339
social contributions
-
-
-
4 923
total
-
-
-
16 562
Employee
23 396
23 396
48 975
-
health
233
398
833
-
income
2 457
2 166
10 050
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
13 502
-
Employer
23 396
23 396
48 975
-
health
253
433
906
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 525
-
Corporate
37 415
26 729
-
-
income
4 677
3 341
-
-
total
4 677
3 341
-
-
Dividends
32 738
23 388
-
-
withholding
5 565
3 976
-
-
total
5 565
3 976
-
-
Income
52 500
52 500
52 500
52 500
Total tax
15 459
14 198
17 027
16 562
After tax
37 041
38 302
35 473
35 938
Living cost
9 868
9 868
9 868
9 868
Free-cash
27 172
28 433
25 604
26 069

Estimated living cost  is ₴9868 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₴25108
₴19091
₴23838
₴23366
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
-
-
-
52 500
income
-
-
-
15 078
pensions
-
-
-
2 660
total
-
-
-
17 738
Employee
14 994
-
45 856
-
health
196
-
662
-
pensions
1 144
-
3 266
-
income
2 731
-
11 913
-
total
4 071
-
15 841
-
Employer
14 994
-
45 856
-
health
285
-
871
-
pensions
1 515
-
5 773
-
total
1 800
-
6 644
-
Corporate
35 706
52 500
-
-
income

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

6 784
9 975
-
-
total
6 784
9 975
-
-
Dividends
28 921
42 525
-
-
withholding
3 813
8 235
-
-
total
3 813
8 235
-
-
Income
52 500
52 500
52 500
52 500
Total tax
16 468
18 210
22 485
17 738
After tax
36 032
34 290
30 015
34 762
Living cost
10 924
10 924
10 924
10 924
Free-cash
25 108
23 366
19 091
23 838

Estimated living cost  is ₴10924 per week

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

Additional information

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

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

Rome , Italy
₴14149
₴10108
₴12413
₴15532
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
-
-
-
52 500
municipal
-
-
-
351
regional
-
-
-
1 201
social contributions
-
-
-
13 503
national
-
-
-
12 911
total
-
-
-
27 966
Employee
25 638
-
52 500
-
social contributions
8 645
-
17 703
-
regional
387
-
1 066
-
national
4 333
-
11 189
-
municipal
153
-
313
-
total
13 518
-
30 271
-
Employer
25 638
-
52 500
-
total
-
-
-
-
Corporate
26 862
52 500
-
-
nationa
6 447
12 600
-
-
municipal
1 294
2 531
-
-
total
7 741
15 131
-
-
Dividends
19 120
37 369
-
-
withholding
4 971
9 716
-
-
total
4 971
9 716
-
-
Income
52 500
52 500
52 500
52 500
Total tax
26 230
24 847
30 271
27 966
After tax
26 270
27 653
22 229
24 534
Living cost
12 121
12 121
12 121
12 121
Free-cash
14 149
15 532
10 108
12 413

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₴3256
₴22035
₴29390
-₴2246
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
-
-
-
52 500
pensions
-
-
-
1 229
income
-
-
-
14 555
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
16 612
Employee
10 222
-
47 297
-
health
1 170
-
5 416
-
pensions
1 151
-
2 253
-
income
1 402
-
11 095
-
total
3 723
-
18 764
-
Employer
10 222
-
47 297
-
pensions
1 662
-
3 254
-
accident
171
-
790
-
unemployment
250
-
1 159
-
total
2 083
-
5 203
-
Corporate
40 195
52 500
-
-
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.

36 176
47 250
-
-
total
36 176
47 250
-
-
Dividends
4 020
5 250
-
-
withholding
764
998
-
-
total
764
998
-
-
Income
52 500
52 500
52 500
52 500
Total tax
42 746
48 248
23 967
16 612
After tax
9 754
4 252
28 533
35 888
Living cost
6 498
6 498
6 498
6 498
Free-cash
3 256
-2 246
22 035
29 390

Estimated living cost  is ₴6498 per week

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

Additional information

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

Berlin , Germany
₴19254
₴21682
₴16178
₴15275
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.

-
-
-
52 500
trade
-
-
-
5 504
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.

-
-
-
16 107
health

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

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

-
-
-
2 079
surtax

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

-
-
-
886
total
-
-
-
24 576
Employee

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

15 139
-
52 500
-
health

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

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

2 079
-
2 079
-
income

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

1 245
-
16 107
-
surtax

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

69
-
886
-
total
3 393
-
19 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 361
52 500
-
-
income
5 604
7 875
-
-
trade
5 362
7 534
-
-
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.

308
433
-
-
chamber of commerce
101
123
-
-
total
11 375
15 965
-
-
Dividends
25 986
36 535
-
-
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.

351
496
-
-
withholding
6 381
9 018
-
-
total
6 732
9 514
-
-
Income
52 500
52 500
52 500
52 500
Total tax
21 500
25 479
19 072
24 576
After tax
31 000
27 021
33 428
27 924
Living cost
11 746
11 746
11 746
11 746
Free-cash
19 254
15 275
21 682
16 178

Estimated living cost  is ₴11746 per week

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

Additional information

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

Riga , Latvia
₴33173
₴15588
₴11693
₴35670
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.

-
-
-
52 500
income
-
-
-
9 432
microenterprise
-
-
-
-
social contributions

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

-
-
-
11 657
surtax
-
-
-
13 388
total
-
-
-
34 477
Employee
8 890
-
39 428
-
income
1 583
-
7 804
-
social contributions

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

978
-
3 989
-
surtax
-
-
5 717
-
total
2 561
-
17 510
-
Employer
8 890
-
39 428
-
social contributions

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

2 142
-
8 735
-
surtax
-
-
4 337
-
total
2 142
-
13 072
-
Corporate
41 468
52 500
-
-
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%.

8 294
10 500
-
-
total
8 294
10 500
-
-
Dividends

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

33 175
42 000
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 997
10 500
30 582
34 477
After tax
39 503
42 000
21 918
18 023
Living cost
6 330
6 330
6 330
6 330
Free-cash
33 173
35 670
15 588
11 693

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₴28355
₴27850
₴28121
₴28977
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
-
-
-
52 500
income
-
-
-
15 837
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
20 596
Employee
5 761
-
49 396
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
15 692
-
total
1 980
-
17 762
-
Employer
5 761
-
49 396
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
45 442
52 500
-
-
income
9 997
11 550
-
-
total
9 997
11 550
-
-
Dividends
35 445
40 950
-
-
withholding
7 089
8 190
-
-
total
7 089
8 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 362
19 740
20 867
20 596
After tax
32 138
32 760
31 633
31 904
Living cost
3 783
3 783
3 783
3 783
Free-cash
28 355
28 977
27 850
28 121

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₴25221
₴16163
₴18025
₴26188
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
-
-
-
52 500
pensions
-
-
-
8 121
unemployment
-
-
-
69
income
-
-
-
14 369
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
2 199
total
-
-
-
27 641
Employee
10 246
-
43 952
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 708
-
income
1 718
-
12 549
-
other
-
-
-
-
surtax
36
-
1 837
-
total
3 413
-
20 955
-
Employer
10 246
-
43 952
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
40 097
52 500
-
-
income
10 425
13 650
-
-
total
10 425
13 650
-
-
Dividends
29 671
38 850
-
-
withholding
4 450
5 828
-
-
total
4 450
5 828
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 445
19 478
29 503
27 641
After tax
32 055
33 022
22 997
24 859
Living cost
6 834
6 834
6 834
6 834
Free-cash
25 221
26 188
16 163
18 025

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₴19233
₴4241
₴17295
₴19384
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
-
-
-
52 500
pensions
-
-
-
6 576
chamber of commerce
-
-
-
210
unemployment
-
-
-
1 866
income
-
-