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
₴ 53000
per

Your estimated
City
free-cash

Valencia , Spain
₴25624
₴20107
₴21384
₴26968
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
-
-
-
53 000
unemployment
-
-
-
197
income
-
-
-
14 789
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
23 249
Employee
11 250
-
44 010
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
13 745
-
other
11
-
28
-
total
2 883
-
15 536
-
Employer
11 250
-
44 010
-
pensions
2 655
-
6 655
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 990
-
Corporate
38 163
53 000
-
-
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.

5 725
7 950
-
-
total
5 725
7 950
-
-
Dividends
32 438
45 050
-
-
withholding
6 814
9 715
-
-
total
6 814
9 715
-
-
Income
53 000
53 000
53 000
53 000
Total tax
19 009
17 665
24 526
23 249
After tax
33 991
35 335
28 474
29 751
Living cost
8 367
8 367
8 367
8 367
Free-cash
25 624
26 968
20 107
21 384

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
₴28778
₴21946
₴21427
₴30832
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
-
-
-
53 000
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
-
-
-
8 128
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
23 466
Employee
11 047
-
42 332
-
health
155
-
592
-
unemployment
110
-
423
-
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
-
2 964
-
income
1 902
-
8 301
-
total
2 940
-
12 280
-
Employer
11 047
-
42 332
-
health
155
-
592
-
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
-
7 196
-
accident
88
-
339
-
unemployment
110
-
423
-
other
553
-
2 117
-
total
2 784
-
10 667
-
Corporate
39 169
53 000
-
-
income
8 225
11 130
-
-
total
8 225
11 130
-
-
Dividends
30 943
41 870
-
-
withholding
2 166
2 931
-
-
total
2 166
2 931
-
-
Income
53 000
53 000
53 000
53 000
Total tax
16 115
14 061
22 947
23 466
After tax
36 885
38 939
30 053
29 534
Living cost
8 107
8 107
8 107
8 107
Free-cash
28 778
30 832
21 946
21 427

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
₴39915
₴40298
₴38227
₴41328
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
-
-
-
53 000
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
-
-
-
7 950
health
-
-
-
1 222
total
-
-
-
10 786
Employee
5 280
-
50 916
-
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
-
5 091
-
total
1 293
-
6 630
-
Employer
5 280
-
50 916
-
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
46 684
53 000
-
-
income
4 668
5 300
-
-
total
4 668
5 300
-
-
Dividends
42 016
47 700
-
-
withholding
2 101
2 385
-
-
total
2 101
2 385
-
-
Income
53 000
53 000
53 000
53 000
Total tax
9 098
7 685
8 715
10 786
After tax
43 902
45 315
44 285
42 214
Living cost
3 987
3 987
3 987
3 987
Free-cash
39 915
41 328
40 298
38 227

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
₴18100
₴18775
₴19467
₴16302
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
-
-
-
53 000
income
-
-
-
8 241
other
-
-
-
1 643
health
-
-
-
2 222
social contributions
-
-
-
1 510
pensions
-
-
-
9 507
surtax
-
-
-
-
total
-
-
-
23 123
Employee
13 022
-
41 101
-
pensions
1 472
-
2 823
-
income
768
-
7 920
-
social contributions
371
-
1 172
-
surtax
-
-
-
-
total
2 611
-
11 915
-
Employer
13 022
-
41 101
-
health
912
-
3 762
-
social contributions
39
-
124
-
pensions
2 139
-
4 760
-
unemployment
527
-
1 665
-
other
449
-
1 589
-
total
4 066
-
11 900
-
Corporate
35 912
53 000
-
-
income
10 055
14 840
-
-
surtax
-
-
-
-
total
10 055
14 840
-
-
Dividends
25 857
38 160
-
-
social contributions
4 448
6 563
-
-
surtax
-
-
-
-
withholding
3 310
4 885
-
-
total
7 758
11 448
-
-
Income
53 000
53 000
53 000
53 000
Total tax
24 490
26 288
23 815
23 123
After tax
28 510
26 712
29 185
29 877
Living cost
10 410
10 410
10 410
10 410
Free-cash
18 100
16 302
18 775
19 467

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
₴11622
₴20303
₴16555
₴13486
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
-
-
-
53 000
pensions
-
-
-
3 565
income
-
-
-
16 382
health
-
-
-
3 752
total
-
-
-
23 699
Employee
25 982
25 982
47 346
-
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
6 980
-
total
12 918
11 210
14 297
-
Employer
25 982
25 982
47 346
-
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
22 787
22 468
-
-
income
4 557
4 494
-
-
total
4 557
4 494
-
-
Dividends
18 230
17 974
-
-
income
3 874
3 819
-
-
withholding
2 734
2 696
-
-
total
6 608
6 515
-
-
Income
53 000
53 000
53 000
53 000
Total tax
28 632
26 768
19 951
23 699
After tax
24 368
26 232
33 049
29 301
Living cost
12 746
12 746
12 746
12 746
Free-cash
11 622
13 486
20 303
16 555

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
₴20880
₴24491
₴18371
₴17516
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.

-
-
-
53 000
trade
-
-
-
6 120
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.

-
-
-
16 317
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.

-
-
-
897
total
-
-
-
25 413
Employee

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

11 637
-
53 000
-
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
-
16 317
-
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
-
897
-
total
2 422
-
19 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 363
53 000
-
-
income
6 205
7 950
-
-
trade
6 515
8 348
-
-
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.

341
437
-
-
chamber of commerce
106
122
-
-
total
13 167
16 857
-
-
Dividends
28 197
36 143
-
-
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.

381
491
-
-
withholding
6 934
8 920
-
-
total
7 315
9 411
-
-
Income
53 000
53 000
53 000
53 000
Total tax
22 904
26 268
19 293
25 413
After tax
30 096
26 732
33 707
27 587
Living cost
9 216
9 216
9 216
9 216
Free-cash
20 880
17 516
24 491
18 371

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
₴29965
₴28744
₴29211
₴31621
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
-
-
-
53 000
income
-
-
-
10 470
health
-
-
-
1 352
social contributions
-
-
-
4 923
total
-
-
-
16 745
Employee
23 396
23 396
49 466
-
health
181
398
841
-
income
2 547
2 166
10 218
-
social contributions
885
1 942
2 619
-
total
3 613
4 506
13 678
-
Employer
23 396
23 396
49 466
-
health
197
433
915
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 534
-
Corporate
41 261
27 229
-
-
income
5 158
3 404
-
-
total
5 158
3 404
-
-
Dividends
36 103
23 826
-
-
withholding
6 138
4 050
-
-
total
6 138
4 050
-
-
Income
53 000
53 000
53 000
53 000
Total tax
15 991
14 335
17 212
16 745
After tax
37 009
38 665
35 788
36 255
Living cost
7 044
7 044
7 044
7 044
Free-cash
29 965
31 621
28 744
29 211

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
₴20298
₴14860
₴18880
₴20602
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.

-
-
-
53 000
income
-
-
-
6 160
social contributions

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

-
-
-
18 417
surtax
-
-
-
-
total
-
-
-
24 577
Employee
13 993
-
42 828
-
income
2 911
-
13 714
-
social contributions
1 539
-
4 711
-
surtax
-
-
-
-
total
4 450
-
18 425
-
Employer
13 993
-
42 828
-
social contributions
3 323
-
10 172
-
total
3 323
-
10 172
-
Corporate
35 683
53 000
-
-
income
7 493
11 130
-
-
surtax
-
-
-
-
total
7 493
11 130
-
-
Dividends
28 190
41 870
-
-
withholding
7 893
11 724
-
-
total
7 893
11 724
-
-
Income
53 000
53 000
53 000
53 000
Total tax
23 159
22 854
28 597
24 577
After tax
29 841
30 146
24 403
28 423
Living cost
9 544
9 544
9 544
9 544
Free-cash
20 298
20 602
14 860
18 880

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
₴47550
₴40042
₴50112
₴47992
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%.

-
-
-
53 000
microenterprise

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

-
-
-
530
total
-
-
-
530
Employee
2 948
-
53 000
-
income
589
-
10 600
-
total
589
-
10 600
-
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%.

50 052
53 000
-
-
total
-
-
-
-
Dividends
50 052
53 000
-
-
withholding
2 503
2 650
-
-
total
2 503
2 650
-
-
Income
53 000
53 000
53 000
53 000
Total tax
3 092
2 650
10 600
530
After tax
49 908
50 350
42 400
52 470
Living cost
2 358
2 358
2 358
2 358
Free-cash
47 550
47 992
40 042
50 112

Estimated living cost  is ₴2358 per week

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

Additional information

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

Ljubljana , Slovenia
₴25784
₴16351
₴17755
₴28329
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.

-
-
-
53 000
pensions
-
-
-
9 679
unemployment
-
-
-
80
income
-
-
-
12 110
health
-
-
-
5 215
total
-
-
-
27 084
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
-
45 860
-
health
869
-
2 963
-
unemployment
19
-
64
-
pensions
2 086
-
7 108
-
income
2 320
-
11 213
-
total
5 294
-
21 348
-
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
-
45 860
-
health
896
-
3 054
-
pensions
1 191
-
4 058
-
unemployment
8
-
28
-
total
2 095
-
7 140
-
Corporate
37 451
53 000
-
-
income
7 116
10 070
-
-
total
7 116
10 070
-
-
Dividends
30 335
42 930
-
-
withholding
4 550
6 440
-
-
total
4 550
6 440
-
-
Income
53 000
53 000
53 000
53 000
Total tax
19 055
16 510
28 488
27 084
After tax
33 945
36 490
24 512
25 916
Living cost
8 161
8 161
8 161
8 161
Free-cash
25 784
28 329
16 351
17 755

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
₴22863
₴26674
₴31370
₴21798
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.

-
-
-
53 000
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
-
51 600
-
social contributions
1 398
-
1 400
-
income
1 514
-
12 481
-
total
2 912
-
13 881
-
Employer
13 957
-
51 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
37 644
53 000
-
-
income
13 175
18 550
-
-
total
13 175
18 550
-
-
Dividends
24 469
34 450
-
-
social contributions
1 607
1 607
-
-
total
1 607
1 607
-
-
Income
53 000
53 000
53 000
53 000
Total tax
19 092
20 157
15 281
10 585
After tax
33 908
32 843
37 719
42 415
Living cost
11 045
11 045
11 045
11 045
Free-cash
22 863
21 798
26 674
31 370

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
₴26040
₴26509
₴27585
₴25882
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
-
-
-
53 000
income
-
-
-
7 950
health
-
-
-
3 699
social contributions
-
-
-
7 314
total
-
-
-
18 963
Employee
10 316
-
53 000
-
health
720
-
3 699
-
income
1 721
-
9 026
-
social contributions
1 424
-
7 314
-
total
3 865
-
20 039
-
Employer
10 316
-
53 000
-
total
-
-
-
-
Corporate
42 684
53 000
-
-
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%.

2 134
2 650
-
-
total
2 134
2 650
-
-
Dividends
40 550
50 350
-
-
social contributions
5 596
6 948
-
-
withholding
6 083
7 553
-
-
health
2 830
3 515
-
-
total
14 509
18 016
-
-
Income
53 000
53 000
53 000
53 000
Total tax
20 508
20 666
20 039
18 963
After tax
32 492
32 334
32 961
34 037
Living cost
6 452
6 452
6 452
6 452
Free-cash
26 040
25 882
26 509
27 585

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
₴24936
₴19608
₴21868
₴27973
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
-
-
-
53 000
income
-
-
-
5 385
health
-
-
-
7 155
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
129
total
-
-
-
22 615
Employee
12 525
-
40 812
-
health
1 691
-
5 510
-
solidarity contribution
-
-
-
-
income
1 503
-
4 963
-
social contributions
814
-
2 214
-
total
4 008
-
12 687
-
Employer
12 525
-
40 812
-
health
1 127
-
3 673
-
social contributions
3 131
-
8 515
-
total
4 258
-
12 188
-
Corporate
36 216
53 000
-
-
income
6 881
10 070
-
-
total
6 881
10 070
-
-
Dividends
29 335
42 930
-
-
withholding
4 400
6 440
-
-
total
4 400
6 440
-
-
Income
53 000
53 000
53 000
53 000
Total tax
19 547
16 510
24 875
22 615
After tax
33 453
36 490
28 125
30 385
Living cost
8 517
8 517
8 517
8 517
Free-cash
24 936
27 973
19 608
21 868

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
₴45986
₴38725
₴48795
₴46675
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%.

-
-
-
53 000
microenterprise

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

-
-
-
530
total
-
-
-
530
Employee
4 594
-
53 000
-
income
919
-
10 600
-
total
919
-
10 600
-
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%.

48 406
53 000
-
-
total
-
-
-
-
Dividends
48 406
53 000
-
-
withholding
2 420
2 650
-
-
total
2 420
2 650
-
-
Income
53 000
53 000
53 000
53 000
Total tax
3 339
2 650
10 600
530
After tax
49 661
50 350
42 400
52 470
Living cost
3 675
3 675
3 675
3 675
Free-cash
45 986
46 675
38 725
48 795

Estimated living cost  is ₴3675 per week

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

Additional information

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

Paris , France
₴14107
₴14490
₴15182
₴12017
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
-
-
-
53 000
income
-
-
-
8 241
other
-
-
-
1 643
health
-
-
-
2 222
social contributions
-
-
-
1 510
pensions
-
-
-
9 507
surtax
-
-
-
-
total
-
-
-
23 123
Employee
19 056
-
41 101
-
pensions
2 155
-
2 823
-
income
1 663
-
7 920
-
social contributions
543
-
1 172
-
surtax
-
-
-
-
total
4 361
-
11 915
-
Employer
19 056
-
41 101
-
health
1 334
-
3 762
-
social contributions
57
-
124
-
pensions
3 131
-
4 760
-
unemployment
772
-
1 665
-
other
658
-
1 589
-
total
5 952
-
11 900
-
Corporate
27 992
53 000
-
-
income
7 838
14 840
-
-
surtax
-
-
-
-
total
7 838
14 840
-
-
Dividends
20 154
38 160
-
-
social contributions
3 467
6 563
-
-
surtax
-
-
-
-
withholding
2 580
4 885
-
-
total
6 047
11 448
-
-
Income
53 000
53 000
53 000
53 000
Total tax
24 198
26 288
23 815
23 123
After tax
28 802
26 712
29 185
29 877
Living cost
14 695
14 695
14 695
14 695
Free-cash
14 107
12 017
14 490
15 182

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
₴31556
₴27296
₴27297
₴33047
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.

-
-
-
53 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
11 983
health
-
-
-
2 309
total
-
-
-
20 457
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
-
48 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
11 983
-
total
2 664
-
16 445
-
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
-
48 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
43 673
53 000
-
-
income
6 551
7 950
-
-
total
6 551
7 950
-
-
Dividends
37 122
45 050
-
-
withholding
5 568
6 757
-
-
total
5 568
6 757
-
-
Income
53 000
53 000
53 000
53 000
Total tax
16 198
14 707
20 458
20 457
After tax
36 802
38 293
32 542
32 543
Living cost
5 246
5 246
5 246
5 246
Free-cash
31 556
33 047
27 296
27 297

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
₴12397
₴19542
₴21792
₴3547
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
-
-
-
53 000
pensions
-
-
-
4 876
city
-
-
-
558
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.

-
-
-
1 060
health
-
-
-
119
regional
-
-
-
2 788
national
-
-
-
1 118
total
-
-
-
10 519
Employee
24 212
-
47 518
-
health
55
-
107
-
unemployment
-
-
-
-
city
260
-
512
-
pensions
2 034
-
3 902
-
regional
793
-
2 432
-
national
115
-
857
-
total
3 257
-
7 810
-
Employer
24 212
-
47 518
-
health
55
-
107
-
pensions
2 034
-
3 902
-
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
-
950
-
total
2 573
-
4 959
-
Corporate
25 949
53 000
-
-
regional
5 489
11 209
-
-
national
2 206
4 505
-
-
total
7 695
15 714
-
-
Dividends
18 255
37 286
-
-
withholding
6 389
13 050
-
-
total
6 389
13 050
-
-
Income
53 000
53 000
53 000
53 000
Total tax
19 914
28 764
12 769
10 519
After tax
33 086
24 236
40 231
42 481
Living cost
20 689
20 689
20 689
20 689
Free-cash
12 397
3 547
19 542
21 792

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
₴22317
₴16160
₴22590
₴21567
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

-
-
-
53 000
municipal
-
-
-
9 416
health
-
-
-
689
national
-
-
-
8 624
total
-
-
-
18 729
Employee
16 007
-
44 586
-
health
120
-
559
-
unemployment
240
-
669
-
pensions
1 080
-
3 009
-
national
264
-
5 245
-
municipal
2 622
-
7 263
-
total
4 326
-
16 745
-
Employer
16 007
-
44 586
-
health
123
-
344
-
pensions
2 777
-
7 736
-
accident
16
-
44
-
unemployment
104
-
290
-
total
3 020
-
8 414
-
Corporate
33 972
53 000
-
-
income
6 795
10 600
-
-
total
6 795
10 600
-
-
Dividends

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

20 383
31 800
-
-
municipal
3 669
5 724
-
-
national
1 192
3 428
-
-
total
4 861
9 152
-
-
Income
53 000
53 000
53 000
53 000
Total tax
19 002
19 752
25 159
18 729
After tax
33 998
33 248
27 841
34 271
Living cost
11 681
11 681
11 681
11 681
Free-cash
22 317
21 567
16 160
22 590

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
₴13985
₴7598
₴11879
₴18549
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
-
-
-
53 000
communal

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

-
-
-
2 725
social contributions
-
-
-
7 586
national
-
-
-
19 716
total
-
-
-
30 027
Employee

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

21 764
-
41 051
-
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
-
1 930
-
communal

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

1 135
-
2 141
-
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
-
357
-
pensions

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

1 632
-
3 079
-
national
6 691
-
14 851
-
total
10 670
-
22 358
-
Employer

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

21 764
-
41 051
-
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
-
2 525
-
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
-
3 637
-
surtax
2 468
-
4 655
-
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
-
534
-
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
-
599
-
total
6 335
-
11 950
-
Corporate
24 901
53 000
-
-
income
4 980
10 600
-
-
surtax
100
212
-
-
total
5 080
10 812
-
-
Dividends
19 821
42 188
-
-
withholding

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

5 836
12 545
-
-
total
5 836
12 545
-
-
Income
53 000
53 000
53 000
53 000
Total tax
27 921
23 357
34 308
30 027
After tax
25 079
29 643
18 692
22 973
Living cost
11 094
11 094
11 094
11 094
Free-cash
13 985
18 549
7 598
11 879

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
₴15436
₴14016
₴14337
₴15733
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
-
-
-
53 000
unemployment
-
-
-
29
municipal
-
-
-
13 304
other
-
-
-
3 363
health
-
-
-
1 806
national
-
-
-
3 769
accident
-
-
-
58
pensions
-
-
-
3 129
total
-
-
-
25 458
Employee
18 816
-
43 907
-
national
-
-
3 592
-
municipal
5 611
-
13 093
-
total
5 611
-
16 685
-
Employer
18 816
-
43 907
-
health
1 157
-
1 780
-
pensions
2 034
-
3 129
-
accident
38
-
58
-
unemployment
497
-
764
-
other
2 186
-
3 363
-
total
5 912
-
9 094
-
Corporate
28 272
53 000
-
-
income
6 220
11 660
-
-
total
6 220
11 660
-
-
Dividends
22 052
41 340
-
-
withholding
6 616
12 402
-
-
total
6 616
12 402
-
-
Income
53 000
53 000
53 000
53 000
Total tax
24 359
24 062
25 779
25 458
After tax
28 641
28 938
27 221
27 542
Living cost
13 205
13 205
13 205
13 205
Free-cash
15 436
15 733
14 016
14 337

Estimated living cost  is ₴13205 per week

₴8752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₴1328
₴33811
₴21921
₴17539
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
-
-
-
53 000
income
-
-
-
10 331
social contributions
-
-
-
6 042
total
-
-
-
16 373
Employee
21 086
-
-
-
income
4 651
-
-
-
social contributions
1 729
-
246
-
total
6 380
-
246
-
Employer
21 086
-
-
-
social contributions
29 731
-
4 237
-
total
29 731
-
4 237
-
Corporate
2 183
53 000
-
-
income
480
11 660
-
-
total
480
11 660
-
-
Dividends
1 703
41 340
-
-
income
375
9 095
-
-
total
375
9 095
-
-
Income
53 000
53 000
53 000
53 000
Total tax
36 966
20 755
4 483
16 373
After tax
16 034
32 245
48 517
36 627
Living cost
14 706
14 706
14 706
14 706
Free-cash
1 328
17 539
33 811
21 921

Estimated living cost  is ₴14706 per week

₴9542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴27536
₴25920
₴26387
₴28796
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
-
-
-
53 000
income
-
-
-
10 470
health
-
-
-
1 352
social contributions
-
-
-
4 923
total
-
-
-
16 745
Employee
23 396
23 396
49 466
-
health
233
398
841
-
income
2 457
2 166
10 218
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
13 678
-
Employer
23 396
23 396
49 466
-
health
253
433
915
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 534
-
Corporate
37 915
27 229
-
-
income
4 739
3 404
-
-
total
4 739
3 404
-
-
Dividends
33 176
23 826
-
-
withholding
5 640
4 050
-
-
total
5 640
4 050
-
-
Income
53 000
53 000
53 000
53 000
Total tax
15 596
14 335
17 212
16 745
After tax
37 404
38 665
35 788
36 255
Living cost
9 868
9 868
9 868
9 868
Free-cash
27 536
28 796
25 920
26 387

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
₴25381
₴19340
₴24131
₴23640
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
-
-
-
53 000
income
-
-
-
15 275
pensions
-
-
-
2 670
total
-
-
-
17 945
Employee
14 994
-
46 288
-
health
196
-
667
-
pensions
1 144
-
3 275
-
income
2 731
-
12 081
-
total
4 071
-
16 023
-
Employer
14 994
-
46 288
-
health
285
-
880
-
pensions
1 515
-
5 833
-
total
1 800
-
6 713
-
Corporate
36 206
53 000
-
-
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.

6 879
10 070
-
-
total
6 879
10 070
-
-
Dividends
29 327
42 930
-
-
withholding
3 945
8 366
-
-
total
3 945
8 366
-
-
Income
53 000
53 000
53 000
53 000
Total tax
16 695
18 436
22 736
17 945
After tax
36 305
34 564
30 264
35 055
Living cost
10 924
10 924
10 924
10 924
Free-cash
25 381
23 640
19 340
24 131

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
₴14411
₴10289
₴12616
₴15796
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
-
-
-
53 000
municipal
-
-
-
355
regional
-
-
-
1 213
social contributions
-
-
-
13 631
national
-
-
-
13 064
total
-
-
-
28 263
Employee
25 638
-
53 000
-
social contributions
8 645
-
17 872
-
regional
387
-
1 077
-
national
4 333
-
11 325
-
municipal
153
-
316
-
total
13 518
-
30 590
-
Employer
25 638
-
53 000
-
total
-
-
-
-
Corporate
27 362
53 000
-
-
nationa
6 567
12 720
-
-
municipal
1 319
2 554
-
-
total
7 886
15 274
-
-
Dividends
19 476
37 725
-
-
withholding
5 064
9 809
-
-
total
5 064
9 809
-
-
Income
53 000
53 000
53 000
53 000
Total tax
26 468
25 083
30 590
28 263
After tax
26 532
27 917
22 410
24 737
Living cost
12 121
12 121
12 121
12 121
Free-cash
14 411
15 796
10 289
12 616

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
₴3297
₴22326
₴29730
-₴2205
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
-
-
-
53 000
pensions
-
-
-
1 229
income
-
-
-
14 715
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
16 772
Employee
10 222
-
47 778
-
health
1 170
-
5 470
-
pensions
1 151
-
2 253
-
income
1 402
-
11 231
-
total
3 723
-
18 954
-
Employer
10 222
-
47 778
-
pensions
1 662
-
3 254
-
accident
171
-
798
-
unemployment
250
-
1 170
-
total
2 083
-
5 222
-
Corporate
40 695
53 000
-
-
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.

36 626
47 700
-
-
total
36 626
47 700
-
-
Dividends
4 070
5 300
-
-
withholding
773
1 007
-
-
total
773
1 007
-
-
Income
53 000
53 000
53 000
53 000
Total tax
43 205
48 707
24 176
16 772
After tax
9 795
4 293
28 824
36 228
Living cost
6 498
6 498
6 498
6 498
Free-cash
3 297
-2 205
22 326
29 730

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
₴19511
₴21961
₴16385
₴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

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

-
-
-
53 000
trade
-
-
-
5 576
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.

-
-
-
16 317
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.

-
-
-
897
total
-
-
-
24 869
Employee

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

15 139
-
53 000
-
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
-
16 317
-
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
-
897
-
total
3 393
-
19 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 861
53 000
-
-
income
5 679
7 950
-
-
trade
5 433
7 605
-
-
surtax

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

312
437
-
-
chamber of commerce
102
124
-
-
total
11 526
16 116
-
-
Dividends
26 335
36 884
-
-
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.

356
501
-
-
withholding
6 468
9 105
-
-
total
6 824
9 606
-
-
Income
53 000
53 000
53 000
53 000
Total tax
21 743
25 722
19 293
24 869
After tax
31 257
27 278
33 707
28 131
Living cost
11 746
11 746
11 746
11 746
Free-cash
19 511
15 532
21 961
16 385

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
₴33574
₴15870
₴11909
₴36070
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.

-
-
-
53 000
income
-
-
-
9 589
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
-
-
-
13 515
total
-
-
-
34 761
Employee
8 890
-
39 878
-
income
1 583
-
7 908
-
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
-
-
5 782
-
total
2 561
-
17 679
-
Employer
8 890
-
39 878
-
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
-
-
4 386
-
total
2 142
-
13 121
-
Corporate
41 968
53 000
-
-
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%.

8 393
10 600
-
-
total
8 393
10 600
-
-
Dividends

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

33 575
42 400
-
-
total
-
-
-
-
Income
53 000
53 000
53 000
53 000
Total tax
13 096
10 600
30 800
34 761
After tax
39 904
42 400
22 200
18 239
Living cost
6 330
6 330
6 330
6 330
Free-cash
33 574
36 070
15 870
11 909

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
₴28667
₴28175
₴28446
₴29289
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
-
-
-
53 000
income
-
-
-
16 012
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
20 771
Employee
5 761
-
49 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
15 867
-
total
1 980
-
17 937
-
Employer
5 761
-
49 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
45 942
53 000
-
-
income
10 107
11 660
-
-
total
10 107
11 660
-
-
Dividends
35 835
41 340
-
-
withholding
7 167
8 268
-
-
total
7 167
8 268
-
-
Income
53 000
53 000
53 000
53 000
Total tax
20 550
19 928
21 042
20 771
After tax
32 450
33 072
31 958
32 229
Living cost
3 783
3 783
3 783
3 783
Free-cash
28 667
29 289
28 175
28 446

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
₴25535
₴16394
₴18255
₴26503
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
-
-
-
53 000
pensions
-
-
-
8 121
unemployment
-
-
-
69
income
-
-
-
14 594
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
2 244
total
-
-
-
27 911
Employee
10 246
-
44 452
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 708
-
income
1 718
-
12 775
-
other
-
-
-
-
surtax
36
-
1 880
-
total
3 413
-
21 224
-
Employer
10 246
-
44 452
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
40 597
53 000
-
-
income
10 555
13 780
-
-
total
10 555
13 780
-
-
Dividends
30 042
39 220
-
-
withholding
4 506
5 883
-
-
total
4 506
5 883
-
-
Income
53 000
53 000
53 000
53 000
Total tax
20 631
19 663
29 772
27 911
After tax
32 369
33 337
23 228
25 089
Living cost
6 834
6 834
6 834
6 834
Free-cash
25 535
26 503
16 394
18 255

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
₴19505
₴4365
₴17553
₴19656
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
-
-
-
53 000
pensions
-
-
-
6 576
chamber of commerce
-
-
-
212
unemployment
-
-
-
1 866
income
-
-