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
₴ 53500
per

Your estimated
City
free-cash

Valencia , Spain
₴25969
₴20399
₴21672
₴27309
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
-
-
-
53 500
unemployment
-
-
-
197
income
-
-
-
15 031
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 966
total
-
-
-
23 476
Employee
11 230
-
44 525
-
unemployment
174
-
436
-
pensions
528
-
1 323
-
income
2 165
-
13 988
-
other
11
-
28
-
total
2 878
-
15 775
-
Employer
11 230
-
44 525
-
pensions
2 650
-
6 644
-
accident
222
-
557
-
unemployment
618
-
1 548
-
other
90
-
225
-
total
3 580
-
8 974
-
Corporate
38 689
53 500
-
-
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.

5 803
8 025
-
-
total
5 803
8 025
-
-
Dividends
32 886
45 475
-
-
withholding
6 918
9 814
-
-
total
6 918
9 814
-
-
Income
53 500
53 500
53 500
53 500
Total tax
19 179
17 839
24 749
23 476
After tax
34 321
35 661
28 751
30 024
Living cost
8 352
8 352
8 352
8 352
Free-cash
25 969
27 309
20 399
21 672

Estimated living cost  is ₴8352 per week

₴5637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴146
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.
₴1765
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
₴29163
₴22229
₴21834
₴31214
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
-
-
-
53 500
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.

-
-
-
11 085
income
-
-
-
8 262
other
-
-
-
2 194
health
-
-
-
2 032
total
-
-
-
23 573
Employee
11 028
-
42 732
-
health
154
-
598
-
unemployment
110
-
427
-
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.

772
-
2 991
-
income
1 899
-
8 394
-
total
2 935
-
12 410
-
Employer
11 028
-
42 732
-
health
154
-
598
-
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.

1 875
-
7 264
-
accident
88
-
342
-
unemployment
110
-
427
-
other
552
-
2 137
-
total
2 779
-
10 768
-
Corporate
39 693
53 500
-
-
income
8 335
11 235
-
-
total
8 335
11 235
-
-
Dividends
31 358
42 265
-
-
withholding
2 195
2 958
-
-
total
2 195
2 958
-
-
Income
53 500
53 500
53 500
53 500
Total tax
16 244
14 193
23 178
23 573
After tax
37 256
39 307
30 322
29 927
Living cost
8 093
8 093
8 093
8 093
Free-cash
29 163
31 214
22 229
21 834

Estimated living cost  is ₴8093 per week

₴5718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴546
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.
₴1698
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
₴40348
₴40756
₴38660
₴41760
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
-
-
-
53 500
pensions

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

-
-
-
1 570
unemployment
-
-
-
42
income
-
-
-
8 025
health
-
-
-
1 220
total
-
-
-
10 857
Employee
5 274
-
51 418
-
health
243
-
488
-
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.

463
-
932
-
income
527
-
5 142
-
total
1 291
-
6 679
-
Employer
5 274
-
51 418
-
health
364
-
732
-
pensions

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

581
-
1 169
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 035
-
2 082
-
Corporate
47 191
53 500
-
-
income
4 719
5 350
-
-
total
4 719
5 350
-
-
Dividends
42 472
48 150
-
-
withholding
2 124
2 407
-
-
total
2 124
2 407
-
-
Income
53 500
53 500
53 500
53 500
Total tax
9 169
7 757
8 761
10 857
After tax
44 331
45 743
44 739
42 643
Living cost
3 983
3 983
3 983
3 983
Free-cash
40 348
41 760
40 756
38 660

Estimated living cost  is ₴3983 per week

₴2325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴284
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.
₴1268
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
₴18368
₴19005
₴19758
₴16573
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
-
-
-
53 500
income
-
-
-
8 366
other
-
-
-
1 659
health
-
-
-
2 262
social contributions
-
-
-
1 524
pensions
-
-
-
9 540
surtax
-
-
-
-
total
-
-
-
23 351
Employee
12 999
-
41 455
-
pensions
1 470
-
2 862
-
income
767
-
8 018
-
social contributions
371
-
1 181
-
surtax
-
-
-
-
total
2 608
-
12 061
-
Employer
12 999
-
41 455
-
health
910
-
3 811
-
social contributions
39
-
124
-
pensions
2 135
-
4 821
-
unemployment
526
-
1 679
-
other
448
-
1 608
-
total
4 058
-
12 043
-
Corporate
36 442
53 500
-
-
income
10 204
14 980
-
-
surtax
-
-
-
-
total
10 204
14 980
-
-
Dividends
26 238
38 520
-
-
social contributions
4 513
6 625
-
-
surtax
-
-
-
-
withholding
3 358
4 931
-
-
total
7 871
11 556
-
-
Income
53 500
53 500
53 500
53 500
Total tax
24 741
26 536
24 104
23 351
After tax
28 759
26 964
29 396
30 149
Living cost
10 391
10 391
10 391
10 391
Free-cash
18 368
16 573
19 005
19 758

Estimated living cost  is ₴10391 per week

₴6552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴845
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.
₴2818
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
₴11903
₴20703
₴16814
₴13764
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
-
-
-
53 500
pensions
-
-
-
3 558
income
-
-
-
16 660
health
-
-
-
3 745
total
-
-
-
23 963
Employee
25 936
25 936
47 856
-
health
3 981
3 386
3 745
-
pensions
4 669
3 558
3 558
-
income

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

4 245
4 245
7 127
-
total
12 895
11 189
14 430
-
Employer
25 936
25 936
47 856
-
health
1 803
1 803
2 240
-
pensions
1 805
1 805
2 244
-
unemployment
934
934
1 160
-
total
4 542
4 542
5 644
-
Corporate
23 340
23 022
-
-
income
4 668
4 605
-
-
total
4 668
4 605
-
-
Dividends
18 672
18 417
-
-
income
3 968
3 914
-
-
withholding
2 801
2 763
-
-
total
6 769
6 677
-
-
Income
53 500
53 500
53 500
53 500
Total tax
28 874
27 013
20 074
23 963
After tax
24 626
26 487
33 426
29 537
Living cost
12 723
12 723
12 723
12 723
Free-cash
11 903
13 764
20 703
16 814

Estimated living cost  is ₴12723 per week

₴9017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1147
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.
₴2357
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
₴21145
₴24778
₴18576
₴17785
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.

-
-
-
53 500
trade
-
-
-
6 202
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.

-
-
-
16 538
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.

-
-
-
2 075
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.

-
-
-
910
total
-
-
-
25 725
Employee

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

11 617
-
53 500
-
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.

2 075
-
2 075
-
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.

324
-
16 538
-
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
-
910
-
total
2 417
-
19 523
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 883
53 500
-
-
income
6 282
8 025
-
-
trade
6 596
8 426
-
-
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.

346
441
-
-
chamber of commerce
106
123
-
-
total
13 330
17 015
-
-
Dividends
28 553
36 484
-
-
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.

386
495
-
-
withholding
7 023
9 006
-
-
total
7 409
9 501
-
-
Income
53 500
53 500
53 500
53 500
Total tax
23 156
26 516
19 523
25 725
After tax
30 344
26 984
33 977
27 775
Living cost
9 199
9 199
9 199
9 199
Free-cash
21 145
17 785
24 778
18 576

Estimated living cost  is ₴9199 per week

₴5787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1073
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.
₴2168
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
₴30344
₴29065
₴29535
₴31998
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
-
-
-
53 500
income
-
-
-
10 655
health
-
-
-
1 364
social contributions
-
-
-
4 914
total
-
-
-
16 933
Employee
23 355
23 355
49 961
-
health
181
397
850
-
income
2 543
2 162
10 401
-
social contributions
883
1 938
2 614
-
total
3 607
4 497
13 865
-
Employer
23 355
23 355
49 961
-
health
197
432
924
-
social contributions
883
1 938
2 614
-
total
1 080
2 370
3 538
-
Corporate
41 782
27 775
-
-
income
5 222
3 472
-
-
total
5 222
3 472
-
-
Dividends
36 559
24 303
-
-
withholding
6 215
4 131
-
-
total
6 215
4 131
-
-
Income
53 500
53 500
53 500
53 500
Total tax
16 124
14 470
17 403
16 933
After tax
37 376
39 030
36 097
36 567
Living cost
7 032
7 032
7 032
7 032
Free-cash
30 344
31 998
29 065
29 535

Estimated living cost  is ₴7032 per week

₴4214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴690
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.
₴1972
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
₴20597
₴15069
₴19125
₴20904
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.

-
-
-
53 500
income
-
-
-
6 257
social contributions

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

-
-
-
18 591
surtax
-
-
-
-
total
-
-
-
24 848
Employee
13 969
-
43 232
-
income
2 906
-
13 881
-
social contributions
1 537
-
4 756
-
surtax
-
-
-
-
total
4 443
-
18 637
-
Employer
13 969
-
43 232
-
social contributions
3 318
-
10 267
-
total
3 318
-
10 267
-
Corporate
36 214
53 500
-
-
income
7 605
11 235
-
-
surtax
-
-
-
-
total
7 605
11 235
-
-
Dividends
28 609
42 265
-
-
withholding
8 010
11 834
-
-
total
8 010
11 834
-
-
Income
53 500
53 500
53 500
53 500
Total tax
23 376
23 069
28 904
24 848
After tax
30 124
30 431
24 596
28 652
Living cost
9 527
9 527
9 527
9 527
Free-cash
20 597
20 904
15 069
19 125

Estimated living cost  is ₴9527 per week

₴7128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴562
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.
₴1678
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
₴48135
₴40534
₴50699
₴48559
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%.

-
-
-
53 500
microenterprise

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

-
-
-
535
total
-
-
-
535
Employee
2 832
-
53 500
-
income
566
-
10 700
-
total
566
-
10 700
-
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%.

50 668
53 500
-
-
total
-
-
-
-
Dividends
50 668
53 500
-
-
withholding
2 533
2 675
-
-
total
2 533
2 675
-
-
Income
53 500
53 500
53 500
53 500
Total tax
3 099
2 675
10 700
535
After tax
50 401
50 825
42 800
52 965
Living cost
2 266
2 266
2 266
2 266
Free-cash
48 135
48 559
40 534
50 699

Estimated living cost  is ₴2266 per week

₴1404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴62
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.
₴611
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
₴26149
₴16566
₴17983
₴28689
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.

-
-
-
53 500
pensions
-
-
-
9 771
unemployment
-
-
-
80
income
-
-
-
12 255
health
-
-
-
5 265
total
-
-
-
27 371
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.

13 431
-
46 293
-
health
867
-
2 990
-
unemployment
19
-
65
-
pensions
2 082
-
7 175
-
income
2 316
-
11 350
-
total
5 284
-
21 580
-
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.

13 431
-
46 293
-
health
895
-
3 083
-
pensions
1 188
-
4 097
-
unemployment
8
-
28
-
total
2 091
-
7 208
-
Corporate
37 978
53 500
-
-
income
7 216
10 165
-
-
total
7 216
10 165
-
-
Dividends
30 762
43 335
-
-
withholding
4 614
6 500
-
-
total
4 614
6 500
-
-
Income
53 500
53 500
53 500
53 500
Total tax
19 205
16 665
28 788
27 371
After tax
34 295
36 835
24 712
26 129
Living cost
8 146
8 146
8 146
8 146
Free-cash
26 149
28 689
16 566
17 983

Estimated living cost  is ₴8146 per week

₴5591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴522
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.
₴1876
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
₴23206
₴27015
₴31891
₴22145
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.

-
-
-
53 500
income
-
-
-
8 645
health

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

-
-
-
1 939
total
-
-
-
10 584
Employee
13 933
-
52 103
-
social contributions
1 396
-
1 397
-
income
1 512
-
12 666
-
total
2 908
-
14 063
-
Employer
13 933
-
52 103
-
social contributions
1 396
-
1 397
-
total
1 396
-
1 397
-
Corporate
38 171
53 500
-
-
income
13 360
18 725
-
-
total
13 360
18 725
-
-
Dividends
24 811
34 775
-
-
social contributions
1 605
1 605
-
-
total
1 605
1 605
-
-
Income
53 500
53 500
53 500
53 500
Total tax
19 269
20 330
15 460
10 584
After tax
34 231
33 170
38 040
42 916
Living cost
11 025
11 025
11 025
11 025
Free-cash
23 206
22 145
27 015
31 891

Estimated living cost  is ₴11025 per week

₴7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴869
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.
₴2724
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
₴26357
₴26815
₴27918
₴26199
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
-
-
-
53 500
income
-
-
-
8 025
health
-
-
-
3 734
social contributions
-
-
-
7 383
total
-
-
-
19 142
Employee
10 298
-
53 500
-
health
719
-
3 734
-
income
1 718
-
9 128
-
social contributions
1 421
-
7 383
-
total
3 858
-
20 245
-
Employer
10 298
-
53 500
-
total
-
-
-
-
Corporate
43 202
53 500
-
-
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%.

2 160
2 675
-
-
total
2 160
2 675
-
-
Dividends
41 042
50 825
-
-
social contributions
5 664
7 014
-
-
withholding
6 156
7 624
-
-
health
2 865
3 548
-
-
total
14 685
18 186
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 703
20 861
20 245
19 142
After tax
32 797
32 639
33 255
34 358
Living cost
6 440
6 440
6 440
6 440
Free-cash
26 357
26 199
26 815
27 918

Estimated living cost  is ₴6440 per week

₴4310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴397
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.
₴1584
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
₴25293
₴19965
₴22222
₴28328
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
-
-
-
53 500
income
-
-
-
5 451
health
-
-
-
7 223
social contributions
-
-
-
9 934
solidarity contribution
-
-
-
163
total
-
-
-
22 771
Employee
12 511
-
41 279
-
health
1 689
-
5 573
-
solidarity contribution
-
-
-
-
income
1 501
-
5 024
-
social contributions
813
-
2 211
-
total
4 003
-
12 808
-
Employer
12 511
-
41 279
-
health
1 126
-
3 715
-
social contributions
3 128
-
8 505
-
total
4 254
-
12 220
-
Corporate
36 736
53 500
-
-
income
6 980
10 165
-
-
total
6 980
10 165
-
-
Dividends
29 756
43 335
-
-
withholding
4 463
6 500
-
-
total
4 463
6 500
-
-
Income
53 500
53 500
53 500
53 500
Total tax
19 700
16 665
25 028
22 771
After tax
33 800
36 835
28 472
30 729
Living cost
8 507
8 507
8 507
8 507
Free-cash
25 293
28 328
19 965
22 222

Estimated living cost  is ₴8507 per week

₴6327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴471
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.
₴1562
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
₴46632
₴39269
₴49434
₴47294
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%.

-
-
-
53 500
microenterprise

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

-
-
-
535
total
-
-
-
535
Employee
4 414
-
53 500
-
income
883
-
10 700
-
total
883
-
10 700
-
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%.

49 086
53 500
-
-
total
-
-
-
-
Dividends
49 086
53 500
-
-
withholding
2 454
2 675
-
-
total
2 454
2 675
-
-
Income
53 500
53 500
53 500
53 500
Total tax
3 337
2 675
10 700
535
After tax
50 163
50 825
42 800
52 965
Living cost
3 531
3 531
3 531
3 531
Free-cash
46 632
47 294
39 269
49 434

Estimated living cost  is ₴3531 per week

₴2389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴118
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.
₴875
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
₴14382
₴14727
₴15480
₴12295
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
-
-
-
53 500
income
-
-
-
8 366
other
-
-
-
1 659
health
-
-
-
2 262
social contributions
-
-
-
1 524
pensions
-
-
-
9 540
surtax
-
-
-
-
total
-
-
-
23 351
Employee
19 022
-
41 455
-
pensions
2 152
-
2 862
-
income
1 660
-
8 018
-
social contributions
542
-
1 181
-
surtax
-
-
-
-
total
4 354
-
12 061
-
Employer
19 022
-
41 455
-
health
1 331
-
3 811
-
social contributions
57
-
124
-
pensions
3 126
-
4 821
-
unemployment
771
-
1 679
-
other
656
-
1 608
-
total
5 941
-
12 043
-
Corporate
28 536
53 500
-
-
income
7 990
14 980
-
-
surtax
-
-
-
-
total
7 990
14 980
-
-
Dividends
20 546
38 520
-
-
social contributions
3 534
6 625
-
-
surtax
-
-
-
-
withholding
2 630
4 931
-
-
total
6 164
11 556
-
-
Income
53 500
53 500
53 500
53 500
Total tax
24 449
26 536
24 104
23 351
After tax
29 051
26 964
29 396
30 149
Living cost
14 669
14 669
14 669
14 669
Free-cash
14 382
12 295
14 727
15 480

Estimated living cost  is ₴14669 per week

₴9928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1200
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.
₴3340
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
₴31932
₴27700
₴27701
₴33420
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.

-
-
-
53 500
pensions
-
-
-
5 815
unemployment
-
-
-
335
income
-
-
-
12 111
health
-
-
-
2 304
total
-
-
-
20 565
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.

7 892
-
49 497
-
health
406
-
1 152
-
unemployment
59
-
168
-
pensions
1 105
-
3 131
-
income
1 088
-
12 111
-
total
2 658
-
16 562
-
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.

7 892
-
49 497
-
health
406
-
1 152
-
pensions
947
-
2 684
-
unemployment
59
-
168
-
total
1 412
-
4 004
-
Corporate
44 195
53 500
-
-
income
6 629
8 025
-
-
total
6 629
8 025
-
-
Dividends
37 566
45 475
-
-
withholding
5 635
6 821
-
-
total
5 635
6 821
-
-
Income
53 500
53 500
53 500
53 500
Total tax
16 334
14 846
20 566
20 565
After tax
37 166
38 654
32 934
32 935
Living cost
5 234
5 234
5 234
5 234
Free-cash
31 932
33 420
27 700
27 701

Estimated living cost  is ₴5234 per week

₴3524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴151
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.
₴1154
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
₴12527
₴19745
₴22011
₴3599
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
-
-
-
53 500
pensions
-
-
-
4 922
city
-
-
-
564
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.

-
-
-
1 070
health
-
-
-
121
regional
-
-
-
2 816
national
-
-
-
1 131
total
-
-
-
10 624
Employee
24 418
-
47 968
-
health
55
-
108
-
unemployment
-
-
-
-
city
262
-
517
-
pensions
2 051
-
3 937
-
regional
800
-
2 457
-
national
116
-
867
-
total
3 284
-
7 886
-
Employer
24 418
-
47 968
-
health
55
-
108
-
pensions
2 051
-
3 937
-
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.

488
-
959
-
total
2 594
-
5 004
-
Corporate
26 219
53 500
-
-
regional
5 545
11 315
-
-
national
2 229
4 548
-
-
total
7 774
15 863
-
-
Dividends
18 445
37 637
-
-
withholding
6 456
13 173
-
-
total
6 456
13 173
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 108
29 036
12 890
10 624
After tax
33 392
24 464
40 610
42 876
Living cost
20 865
20 865
20 865
20 865
Free-cash
12 527
3 599
19 745
22 011

Estimated living cost  is ₴20865 per week

₴13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5168
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
₴22627
₴16404
₴22847
₴21863
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

-
-
-
53 500
municipal
-
-
-
9 504
health
-
-
-
697
national
-
-
-
8 791
total
-
-
-
18 992
Employee
15 979
-
45 007
-
health
119
-
567
-
unemployment
240
-
675
-
pensions
1 078
-
3 038
-
national
264
-
5 331
-
municipal
2 617
-
7 331
-
total
4 318
-
16 942
-
Employer
15 979
-
45 007
-
health
123
-
346
-
pensions
2 772
-
7 809
-
accident
16
-
45
-
unemployment
104
-
293
-
total
3 015
-
8 493
-
Corporate
34 506
53 500
-
-
income
6 901
10 700
-
-
total
6 901
10 700
-
-
Dividends

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

20 703
32 100
-
-
municipal
3 727
5 778
-
-
national
1 251
3 498
-
-
total
4 978
9 276
-
-
Income
53 500
53 500
53 500
53 500
Total tax
19 212
19 976
25 435
18 992
After tax
34 288
33 524
28 065
34 508
Living cost
11 661
11 661
11 661
11 661
Free-cash
22 627
21 863
16 404
22 847

Estimated living cost  is ₴11661 per week

₴7617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1122
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.
₴2737
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
₴14293
₴7761
₴12120
₴18847
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
-
-
-
53 500
communal

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

-
-
-
2 756
social contributions
-
-
-
7 572
national
-
-
-
19 978
total
-
-
-
30 306
Employee

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

21 725
-
41 437
-
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.

1 021
-
1 948
-
communal

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

1 133
-
2 161
-
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
-
360
-
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.

1 629
-
3 108
-
national
6 679
-
15 025
-
total
10 651
-
22 602
-
Employer

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

21 725
-
41 437
-
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.

1 336
-
2 549
-
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.

1 925
-
3 671
-
surtax
2 463
-
4 699
-
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.

282
-
539
-
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.

317
-
605
-
total
6 323
-
12 063
-
Corporate
25 451
53 500
-
-
income
5 090
10 700
-
-
surtax
102
214
-
-
total
5 192
10 914
-
-
Dividends
20 259
42 586
-
-
withholding

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

5 967
12 665
-
-
total
5 967
12 665
-
-
Income
53 500
53 500
53 500
53 500
Total tax
28 133
23 579
34 665
30 306
After tax
25 367
29 921
18 835
23 194
Living cost
11 074
11 074
11 074
11 074
Free-cash
14 293
18 847
7 761
12 120

Estimated living cost  is ₴11074 per week

₴7133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2799
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
₴15820
₴14325
₴14642
₴16114
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
-
-
-
53 500
unemployment
-
-
-
29
municipal
-
-
-
13 474
other
-
-
-
3 335
health
-
-
-
1 791
national
-
-
-
3 972
accident
-
-
-
57
pensions
-
-
-
3 103
total
-
-
-
25 761
Employee
18 662
-
44 481
-
national
-
-
3 796
-
municipal
5 565
-
13 264
-
total
5 565
-
17 060
-
Employer
18 662
-
44 481
-
health
1 148
-
1 765
-
pensions
2 017
-
3 103
-
accident
37
-
57
-
unemployment
493
-
758
-
other
2 169
-
3 335
-
total
5 864
-
9 018
-
Corporate
28 974
53 500
-
-
income
6 374
11 770
-
-
total
6 374
11 770
-
-
Dividends
22 600
41 730
-
-
withholding
6 780
12 519
-
-
total
6 780
12 519
-
-
Income
53 500
53 500
53 500
53 500
Total tax
24 583
24 289
26 078
25 761
After tax
28 917
29 211
27 422
27 739
Living cost
13 097
13 097
13 097
13 097
Free-cash
15 820
16 114
14 325
14 642

Estimated living cost  is ₴13097 per week

₴8680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
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.
₴2933
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
₴2196
₴34660
₴22535
₴18111
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
-
-
-
53 500
income
-
-
-
10 428
social contributions
-
-
-
6 099
total
-
-
-
16 527
Employee
20 701
-
-
-
income
4 566
-
-
-
social contributions
1 698
-
242
-
total
6 264
-
242
-
Employer
20 701
-
-
-
social contributions
29 189
-
4 160
-
total
29 189
-
4 160
-
Corporate
3 610
53 500
-
-
income
794
11 770
-
-
total
794
11 770
-
-
Dividends
2 815
41 730
-
-
income
619
9 181
-
-
total
619
9 181
-
-
Income
53 500
53 500
53 500
53 500
Total tax
36 866
20 951
4 402
16 527
After tax
16 634
32 549
49 098
36 973
Living cost
14 438
14 438
14 438
14 438
Free-cash
2 196
18 111
34 660
22 535

Estimated living cost  is ₴14438 per week

₴9368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₴27919
₴26246
₴26716
₴29179
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
-
-
-
53 500
income
-
-
-
10 655
health
-
-
-
1 364
social contributions
-
-
-
4 914
total
-
-
-
16 933
Employee
23 355
23 355
49 961
-
health
232
397
850
-
income
2 452
2 162
10 401
-
social contributions
1 135
1 938
2 614
-
total
3 819
4 497
13 865
-
Employer
23 355
23 355
49 961
-
health
253
432
924
-
social contributions
1 135
1 938
2 614
-
total
1 388
2 370
3 538
-
Corporate
38 441
27 775
-
-
income
4 805
3 472
-
-
total
4 805
3 472
-
-
Dividends
33 636
24 303
-
-
withholding
5 718
4 131
-
-
total
5 718
4 131
-
-
Income
53 500
53 500
53 500
53 500
Total tax
15 730
14 470
17 403
16 933
After tax
37 770
39 030
36 097
36 567
Living cost
9 851
9 851
9 851
9 851
Free-cash
27 919
29 179
26 246
26 716

Estimated living cost  is ₴9851 per week

₴6734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴165
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.
₴2182
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
₴25659
₴19601
₴24434
₴23920
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
-
-
-
53 500
income
-
-
-
15 477
pensions
-
-
-
2 678
total
-
-
-
18 155
Employee
14 976
-
46 719
-
health
195
-
670
-
pensions
1 143
-
3 281
-
income
2 727
-
12 256
-
total
4 065
-
16 207
-
Employer
14 976
-
46 719
-
health
285
-
888
-
pensions
1 513
-
5 893
-
total
1 798
-
6 781
-
Corporate
36 726
53 500
-
-
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.

6 978
10 165
-
-
total
6 978
10 165
-
-
Dividends
29 748
43 335
-
-
withholding
4 089
8 504
-
-
total
4 089
8 504
-
-
Income
53 500
53 500
53 500
53 500
Total tax
16 930
18 669
22 988
18 155
After tax
36 570
34 831
30 512
35 345
Living cost
10 911
10 911
10 911
10 911
Free-cash
25 659
23 920
19 601
24 434

Estimated living cost  is ₴10911 per week

₴7485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1003
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.
₴2285
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
₴14700
₴10488
₴12836
₴16081
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
-
-
-
53 500
municipal
-
-
-
358
regional
-
-
-
1 226
social contributions
-
-
-
13 760
national
-
-
-
13 221
total
-
-
-
28 565
Employee
25 593
-
53 500
-
social contributions
8 630
-
18 040
-
regional
386
-
1 087
-
national
4 325
-
11 467
-
municipal
153
-
319
-
total
13 494
-
30 913
-
Employer
25 593
-
53 500
-
total
-
-
-
-
Corporate
27 907
53 500
-
-
nationa
6 697
12 840
-
-
municipal
1 345
2 579
-
-
total
8 042
15 419
-
-
Dividends
19 864
38 081
-
-
withholding
5 165
9 901
-
-
total
5 165
9 901
-
-
Income
53 500
53 500
53 500
53 500
Total tax
26 701
25 320
30 913
28 565
After tax
26 799
28 180
22 587
24 935
Living cost
12 099
12 099
12 099
12 099
Free-cash
14 700
16 081
10 488
12 836

Estimated living cost  is ₴12099 per week

₴8499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴832
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.
₴2585
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
₴3328
₴22540
₴30014
-₴2222
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
-
-
-
53 500
pensions
-
-
-
1 240
income
-
-
-
14 855
other
-
-
-
110
health
-
-
-
650
accident
-
-
-
75
total
-
-
-
16 930
Employee
10 314
-
48 230
-
health
1 181
-
5 522
-
pensions
1 161
-
2 274
-
income
1 415
-
11 338
-
total
3 757
-
19 134
-
Employer
10 314
-
48 230
-
pensions
1 677
-
3 283
-
accident
172
-
805
-
unemployment
253
-
1 182
-
total
2 102
-
5 270
-
Corporate
41 085
53 500
-
-
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.

36 976
48 150
-
-
total
36 976
48 150
-
-
Dividends
4 108
5 350
-
-
withholding
781
1 016
-
-
total
781
1 016
-
-
Income
53 500
53 500
53 500
53 500
Total tax
43 616
49 166
24 404
16 930
After tax
9 884
4 334
29 096
36 570
Living cost
6 556
6 556
6 556
6 556
Free-cash
3 328
-2 222
22 540
30 014

Estimated living cost  is ₴6556 per week

₴4805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴363
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.
₴1251
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
₴19779
₴22251
₴16600
₴15810
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.

-
-
-
53 500
trade
-
-
-
5 651
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.

-
-
-
16 538
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.

-
-
-
2 075
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.

-
-
-
910
total
-
-
-
25 174
Employee

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

15 112
-
53 500
-
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.

2 075
-
2 075
-
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.

1 243
-
16 538
-
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
-
910
-
total
3 387
-
19 523
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 388
53 500
-
-
income
5 758
8 025
-
-
trade
5 509
7 677
-
-
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.

317
441
-
-
chamber of commerce
103
124
-
-
total
11 687
16 267
-
-
Dividends
26 701
37 232
-
-
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.

361
505
-
-
withholding
6 560
9 192
-
-
total
6 921
9 697
-
-
Income
53 500
53 500
53 500
53 500
Total tax
21 995
25 964
19 523
25 174
After tax
31 505
27 536
33 977
28 326
Living cost
11 726
11 726
11 726
11 726
Free-cash
19 779
15 810
22 251
16 600

Estimated living cost  is ₴11726 per week

₴8089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1262
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.
₴2205
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
₴33990
₴16161
₴12142
₴36481
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.

-
-
-
53 500
income
-
-
-
9 759
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.

-
-
-
11 637
surtax
-
-
-
13 643
total
-
-
-
35 039
Employee
8 875
-
40 343
-
income
1 580
-
8 031
-
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.

976
-
3 982
-
surtax
-
-
5 850
-
total
2 556
-
17 863
-
Employer
8 875
-
40 343
-
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.

2 138
-
8 720
-
surtax
-
-
4 437
-
total
2 138
-
13 157
-
Corporate
42 487
53 500
-
-
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%.

8 497
10 700
-
-
total
8 497
10 700
-
-
Dividends

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

33 990
42 800
-
-
total
-
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
13 191
10 700
31 020
35 039
After tax
40 309
42 800
22 480
18 461
Living cost
6 319
6 319
6 319
6 319
Free-cash
33 990
36 481
16 161
12 142

Estimated living cost  is ₴6319 per week

₴4031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
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.
₴1542
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
₴28905
₴28395
₴28669
₴29537
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
-
-
-
53 500
income
-
-
-
16 144
health
-
-
-
2 034
pensions
-
-
-
2 806
total
-
-
-
20 984
Employee
5 859
-
50 343
-
health
293
-
702
-
unemployment
59
-
140
-
pensions
527
-
1 263
-
income
1 133
-
15 996
-
total
2 012
-
18 101
-
Employer
5 859
-
50 343
-
health
557
-
1 333
-
pensions
645
-
1 543
-
unemployment
117
-
281
-
total
1 319
-
3 157
-
Corporate
46 322
53 500
-
-
income
10 191
11 770
-
-
total
10 191
11 770
-
-
Dividends
36 131
41 730
-
-
withholding
7 226
8 346
-
-
total
7 226
8 346
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 748
20 116
21 258
20 984
After tax
32 752
33 384
32 242
32 516
Living cost
3 847
3 847
3 847
3 847
Free-cash
28 905
29 537
28 395
28 669

Estimated living cost  is ₴3847 per week

₴2286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴88
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.
₴1161
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
₴25864
₴16639
₴18495
₴26830
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
-
-
-
53 500
pensions
-
-
-
8 107
unemployment
-
-
-
69
income
-
-
-
14 836
other
-
-
-
-
health
-
-
-
2 878
surtax
-
-
-
2 293
total
-
-
-
28 183
Employee
10 228
-
44 968
-
health
261
-
1 033
-
unemployment
712
-
2 821
-
pensions
682
-
2 704
-
income
1 715
-
13 019
-
other
-
-
-
-
surtax
36
-
1 930
-
total
3 406
-
21 507
-
Employer
10 228
-
44 968
-
health
465
-
1 844
-
pensions
1 364
-
5 403
-
unemployment
324
-
1 285
-
other
-
-
-
-
total
2 153
-
8 532
-
Corporate
41 119
53 500
-
-
income
10 691
13 910
-
-
total
10 691
13 910
-
-
Dividends
30 428
39 590
-
-
withholding
4 564
5 938
-
-
total
4 564
5 938
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 814
19 848
30 039
28 183
After tax
32 686
33 652
23 461
25 317
Living cost
6 822
6 822
6 822
6 822
Free-cash
25 864
26 830
16 639
18 495

Estimated living cost  is ₴6822 per week

₴4119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
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.
₴1952
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
₴19793
₴4507
₴17829
₴19944
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
-
-
-
53 500
pensions
-
-
-
6 564
chamber of commerce
-
-
-
214
unemployment
-
-
-
1 863
income
-
-