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
₴ 54000
per

Your estimated
City
free-cash

Andorra , Andorra
₴29613
₴37044
₴31047
₴38205
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
-
-
-
54 000
social contributions
-
-
-
11 880
income
-
-
-
2 112
total
-
-
-
13 992
Employee
11 117
-
46 753
-
social contributions
722
-
3 039
-
income
-
-
2 272
-
total
722
-
5 311
-
Employer
11 117
-
46 753
-
social contributions
1 723
-
7 247
-
total
1 723
-
7 247
-
Corporate
41 160
54 000
-
-
income
4 116
5 400
-
-
total
4 116
5 400
-
-
Dividends
37 044
48 600
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
6 561
5 400
12 558
13 992
After tax
47 439
48 600
41 442
40 008
Living cost
10 395
10 395
10 395
10 395
Free-cash
37 044
38 205
31 047
29 613

Estimated living cost  is ₴10395 per week

₴6721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
₴16732
₴18779
₴3126
₴18950
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
-
-
-
54 000
surtax
-
-
-
-
unemployment
-
-
-
2 121
health
-
-
-
3 090
chamber of commerce
-
-
-
216
pensions
-
-
-
7 474
income
-
-
-
13 335
total
-
-
-
26 236
Employee
15 116
13 781
42 240
-
unemployment
453
413
1 212
-
other
151
138
404
-
income
1 347
1 016
10 534
-
pensions
1 548
1 411
4 137
-
health
585
534
1 563
-
total
4 084
3 512
17 850
-
Employer
15 116
13 781
42 240
-
pensions
1 897
1 730
5 070
-
surtax
-
-
-
-
payroll
453
413
1 267
-
other
718
654
1 990
-
health
572
521
1 527
-
accident
196
179
525
-
unemployment
453
413
1 212
-
chamber of commerce
60
55
169
-
total
4 349
3 965
11 760
-
Corporate
34 534
36 253
40 927
-
income

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

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

8 633
9 063
10 232
-
total
8 633
9 063
10 232
-
Dividends
25 901
27 190
-
-
withholding
7 123
7 478
-
-
total
7 123
7 478
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 189
24 018
39 842
26 236
After tax
29 811
29 982
14 158
27 764
Living cost
11 032
11 032
11 032
11 032
Free-cash
18 779
18 950
3 126
16 732

Estimated living cost  is ₴11032 per week

₴6618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴197
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
₴15511
₴17226
₴1952
₴17761
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
-
-
-
54 000
surtax
-
-
-
68
unemployment
-
-
-
2 121
health
-
-
-
3 090
chamber of commerce
-
-
-
216
pensions
-
-
-
7 474
income
-
-
-
13 335
total
-
-
-
26 304
Employee
17 281
13 781
42 176
-
unemployment
518
413
1 212
-
other
173
138
404
-
income
1 967
1 016
10 507
-
pensions
1 770
1 411
4 137
-
health
669
534
1 563
-
total
5 097
3 512
17 823
-
Employer
17 281
13 781
42 176
-
pensions
2 169
1 730
5 070
-
surtax
68
68
68
-
payroll
518
413
1 265
-
other
821
654
1 988
-
health
653
521
1 527
-
accident
224
179
525
-
unemployment
518
413
1 212
-
chamber of commerce
69
55
169
-
total
5 040
4 033
11 824
-
Corporate
31 677
36 185
40 863
-
income

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

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

7 919
9 046
10 216
-
total
7 919
9 046
10 216
-
Dividends
23 758
27 139
-
-
withholding
6 533
7 463
-
-
total
6 533
7 463
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 589
24 054
39 863
26 304
After tax
29 411
29 946
14 137
27 696
Living cost
12 185
12 185
12 185
12 185
Free-cash
17 226
17 761
1 952
15 511

Estimated living cost  is ₴12185 per week

₴8127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
₴10853
₴12420
₴6790
₴17607
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
-
-
-
54 000
national
-
-
-
19 397
communal

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

-
-
-
2 736
social contributions
-
-
-
8 406
total
-
-
-
30 539
Employee

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

24 735
-
41 825
-
unemployment

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

215
-
364
-
national
7 605
-
14 779
-
communal

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

1 290
-
2 181
-
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.

1 855
-
3 137
-
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.

1 162
-
1 966
-
total
12 127
-
22 427
-
Employer

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

24 735
-
41 825
-
surtax
2 805
-
4 743
-
pensions

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

2 192
-
3 706
-
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.

1 521
-
2 572
-
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.

322
-
543
-
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.

361
-
611
-
total
7 201
-
12 175
-
Corporate
22 065
54 000
-
-
income
4 413
10 800
-
-
surtax
88
216
-
-
total
4 501
11 016
-
-
Dividends
17 564
42 984
-
-
withholding

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

5 143
12 769
-
-
total
5 143
12 769
-
-
Income
54 000
54 000
54 000
54 000
Total tax
28 972
23 785
34 602
30 539
After tax
25 028
30 215
19 398
23 461
Living cost
12 608
12 608
12 608
12 608
Free-cash
12 420
17 607
6 790
10 853

Estimated living cost  is ₴12608 per week

₴8121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
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.
₴3187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
₴36731
₴38118
₴38775
₴40224
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
-
-
-
54 000
unemployment
-
-
-
48
health
-
-
-
1 388
pensions

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

-
-
-
1 787
income
-
-
-
8 100
total
-
-
-
11 323
Employee
7 873
-
51 631
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
787
-
5 163
-
pensions

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

691
-
1 060
-
health
362
-
555
-
total
1 927
-
6 911
-
Employer
7 873
-
51 631
-
pensions

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

868
-
1 330
-
health
543
-
833
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
47
-
72
-
total
1 545
-
2 368
-
Corporate
44 582
54 000
-
-
income
4 458
5 400
-
-
total
4 458
5 400
-
-
Dividends
40 124
48 600
-
-
withholding
2 006
2 430
-
-
total
2 006
2 430
-
-
Income
54 000
54 000
54 000
54 000
Total tax
9 936
7 830
9 279
11 323
After tax
44 064
46 170
44 721
42 677
Living cost
5 946
5 946
5 946
5 946
Free-cash
38 118
40 224
38 775
36 731

Estimated living cost  is ₴5946 per week

₴3933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴142
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1531
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
₴38145
₴40033
₴40189
₴41638
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
-
-
-
54 000
unemployment
-
-
-
48
health
-
-
-
1 388
pensions

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

-
-
-
1 787
income
-
-
-
8 100
total
-
-
-
11 323
Employee
6 001
-
51 631
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
600
-
5 163
-
pensions

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

527
-
1 060
-
health
276
-
555
-
total
1 469
-
6 911
-
Employer
6 001
-
51 631
-
pensions

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

661
-
1 330
-
health
414
-
833
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
72
-
total
1 177
-
2 368
-
Corporate
46 822
54 000
-
-
income
4 682
5 400
-
-
total
4 682
5 400
-
-
Dividends
42 140
48 600
-
-
withholding
2 107
2 430
-
-
total
2 107
2 430
-
-
Income
54 000
54 000
54 000
54 000
Total tax
9 435
7 830
9 279
11 323
After tax
44 565
46 170
44 721
42 677
Living cost
4 532
4 532
4 532
4 532
Free-cash
40 033
41 638
40 189
38 145

Estimated living cost  is ₴4532 per week

₴2646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴120
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
₴29249
₴29529
₴28754
₴31411
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
-
-
-
54 000
health
-
-
-
1 377
social contributions
-
-
-
5 595
income
-
-
-
9 773
total
-
-
-
16 745
Employee
26 590
26 590
50 097
-
income
2 895
2 461
9 507
-
social contributions
1 005
2 207
2 977
-
health
206
452
852
-
total
4 106
5 120
13 336
-
Employer
26 590
26 590
50 097
-
social contributions
1 005
2 207
2 977
-
health
224
492
927
-
total
1 229
2 699
3 904
-
Corporate
40 658
24 711
-
-
income
5 082
3 089
-
-
total
5 082
3 089
-
-
Dividends
35 576
21 622
-
-
withholding
6 048
3 675
-
-
total
6 048
3 675
-
-
Income
54 000
54 000
54 000
54 000
Total tax
16 465
14 583
17 240
16 745
After tax
37 535
39 417
36 760
37 255
Living cost
8 006
8 006
8 006
8 006
Free-cash
29 529
31 411
28 754
29 249

Estimated living cost  is ₴8006 per week

₴4798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴785
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.
₴2246
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
₴26039
₴26767
₴25544
₴28201
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
-
-
-
54 000
health
-
-
-
1 377
social contributions
-
-
-
5 595
income
-
-
-
9 773
total
-
-
-
16 745
Employee
26 590
26 590
50 097
-
income
2 792
2 461
9 507
-
social contributions
1 292
2 207
2 977
-
health
264
452
852
-
total
4 348
5 120
13 336
-
Employer
26 590
26 590
50 097
-
social contributions
1 292
2 207
2 977
-
health
288
492
927
-
total
1 580
2 699
3 904
-
Corporate
36 855
24 711
-
-
income
4 607
3 089
-
-
total
4 607
3 089
-
-
Dividends
32 248
21 622
-
-
withholding
5 482
3 675
-
-
total
5 482
3 675
-
-
Income
54 000
54 000
54 000
54 000
Total tax
16 017
14 583
17 240
16 745
After tax
37 983
39 417
36 760
37 255
Living cost
11 216
11 216
11 216
11 216
Free-cash
26 767
28 201
25 544
26 039

Estimated living cost  is ₴11216 per week

₴7667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
₴21938
₴26336
₴19617
₴29188
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
-
-
-
54 000
health
-
-
-
7 290
social contributions
-
-
-
11 499
income
-
-
-
5 282
solidarity contribution
-
-
-
-
total
-
-
-
24 071
Employee
11 752
-
40 509
-
income
1 410
-
4 872
-
social contributions
764
-
2 560
-
health
1 587
-
5 469
-
solidarity contribution
-
-
-
-
total
3 761
-
12 901
-
Employer
11 752
-
40 509
-
social contributions
2 938
-
9 845
-
health
1 058
-
3 646
-
total
3 996
-
13 491
-
Corporate
38 253
54 000
-
-
income
7 268
10 260
-
-
total
7 268
10 260
-
-
Dividends
30 985
43 740
-
-
withholding
4 648
6 561
-
-
total
4 648
6 561
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 673
16 821
26 392
24 071
After tax
34 327
37 179
27 608
29 929
Living cost
7 991
7 991
7 991
7 991
Free-cash
26 336
29 188
19 617
21 938

Estimated living cost  is ₴7991 per week

₴5551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴157
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1715
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
₴20082
₴23820
₴17761
₴27332
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
-
-
-
54 000
health
-
-
-
7 290
social contributions
-
-
-
11 499
income
-
-
-
5 282
solidarity contribution
-
-
-
-
total
-
-
-
24 071
Employee
14 481
-
40 509
-
income
1 738
-
4 872
-
social contributions
941
-
2 560
-
health
1 955
-
5 469
-
solidarity contribution
-
-
-
-
total
4 634
-
12 901
-
Employer
14 481
-
40 509
-
social contributions
3 620
-
9 845
-
health
1 303
-
3 646
-
total
4 923
-
13 491
-
Corporate
34 595
54 000
-
-
income
6 573
10 260
-
-
total
6 573
10 260
-
-
Dividends
28 022
43 740
-
-
withholding
4 203
6 561
-
-
total
4 203
6 561
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 333
16 821
26 392
24 071
After tax
33 667
37 179
27 608
29 929
Living cost
9 847
9 847
9 847
9 847
Free-cash
23 820
27 332
17 761
20 082

Estimated living cost  is ₴9847 per week

₴7323
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.
₴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.
₴1808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
₴15555
-₴21561
-₴21561
-₴21561
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
-
-
-
54 000
national
-
-
-
6 108
pensions
-
-
-
301
municipal
-
-
-
11 038
labour market
-
-
-
4 296
total
-
-
-
21 743
Employee
70 496
70 496
70 496
-
municipal
15 012
15 012
15 012
-
national
8 612
8 612
8 612
-
pensions
100
100
100
-
labour market
5 632
5 632
5 632
-
total
29 356
29 356
29 356
-
Employer
70 496
70 496
70 496
-
pensions
200
200
200
-
labour market
5 640
5 640
5 640
-
municipal
15 036
15 036
15 036
-
national
8 627
8 627
8 627
-
total
29 503
29 503
29 503
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
58 859
58 859
58 859
21 743
After tax
-4 859
-4 859
-4 859
32 257
Living cost
16 702
16 702
16 702
16 702
Free-cash
-21 561
-21 561
-21 561
15 555

Estimated living cost  is ₴16702 per week

₴11431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴20592
₴32700
₴22774
₴34848
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
-
-
-
54 000
health
-
-
-
7 020
pensions
-
-
-
10 800
income
-
-
-
7 236
total
-
-
-
25 056
Employee
9 810
-
40 359
-
unemployment
157
-
646
-
income
1 104
-
7 781
-
pensions
196
-
807
-
total
1 457
-
9 234
-
Employer
9 810
-
40 359
-
pensions
1 962
-
8 071
-
health
1 275
-
5 246
-
unemployment
79
-
323
-
total
3 316
-
13 640
-
Corporate
40 874
54 000
-
-
income
8 175
10 800
-
-
total
8 175
10 800
-
-
Dividends
32 699
43 200
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
12 948
10 800
22 874
25 056
After tax
41 052
43 200
31 126
28 944
Living cost
8 352
8 352
8 352
8 352
Free-cash
32 700
34 848
22 774
20 592

Estimated living cost  is ₴8352 per week

₴5729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
₴22557
₴21694
₴15490
₴20991
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

-
-
-
54 000
national
-
-
-
7 883
health
-
-
-
687
municipal
-
-
-
9 597
total
-
-
-
18 167
Employee
18 193
-
45 428
-
unemployment
273
-
681
-
municipal
2 980
-
7 403
-
national
301
-
4 956
-
pensions
1 228
-
3 067
-
health
136
-
555
-
total
4 918
-
16 662
-
Employer
18 193
-
45 428
-
pensions
3 156
-
7 882
-
health
140
-
350
-
accident
18
-
45
-
unemployment
118
-
295
-
total
3 432
-
8 572
-
Corporate
32 374
54 000
-
-
income
6 475
10 800
-
-
total
6 475
10 800
-
-
Dividends

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

19 424
32 400
-
-
municipal
3 496
5 832
-
-
national
709
3 101
-
-
total
4 205
8 933
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 030
19 733
25 234
18 167
After tax
34 970
34 267
28 766
35 833
Living cost
13 276
13 276
13 276
13 276
Free-cash
21 694
20 991
15 490
22 557

Estimated living cost  is ₴13276 per week

₴8672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Marseille , France
₴19884
₴18478
₴19787
₴16556
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
-
-
-
54 000
surtax
-
-
-
-
health
-
-
-
2 067
pensions
-
-
-
10 288
social contributions
-
-
-
1 538
income
-
-
-
7 890
other
-
-
-
1 674
total
-
-
-
23 457
Employee
13 211
-
42 229
-
income
681
-
7 825
-
surtax
-
-
-
-
social contributions
377
-
1 203
-
pensions
1 494
-
2 755
-
total
2 552
-
11 783
-
Employer
13 211
-
42 229
-
pensions
2 171
-
4 671
-
social contributions
39
-
127
-
other
456
-
1 570
-
health
925
-
3 693
-
unemployment
535
-
1 710
-
total
4 126
-
11 771
-
Corporate
36 664
54 000
-
-
income
10 266
15 120
-
-
surtax
-
-
-
-
total
10 266
15 120
-
-
Dividends
26 398
38 880
-
-
withholding
3 379
4 977
-
-
social contributions
4 540
6 688
-
-
surtax
-
-
-
-
total
7 919
11 665
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 863
26 785
23 554
23 457
After tax
29 137
27 215
30 446
30 543
Living cost
10 659
10 659
10 659
10 659
Free-cash
18 478
16 556
19 787
19 884

Estimated living cost  is ₴10659 per week

₴6182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1083
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.
₴3193
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
₴18712
₴17428
₴18615
₴15384
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
-
-
-
54 000
surtax
-
-
-
-
health
-
-
-
2 067
pensions
-
-
-
10 288
social contributions
-
-
-
1 538
income
-
-
-
7 890
other
-
-
-
1 674
total
-
-
-
23 457
Employee
14 800
-
42 229
-
income
873
-
7 825
-
surtax
-
-
-
-
social contributions
422
-
1 203
-
pensions
1 673
-
2 755
-
total
2 968
-
11 783
-
Employer
14 800
-
42 229
-
pensions
2 431
-
4 671
-
social contributions
45
-
127
-
other
511
-
1 570
-
health
1 036
-
3 693
-
unemployment
599
-
1 710
-
total
4 622
-
11 771
-
Corporate
34 579
54 000
-
-
income
9 682
15 120
-
-
surtax
-
-
-
-
total
9 682
15 120
-
-
Dividends
24 897
38 880
-
-
withholding
3 187
4 977
-
-
social contributions
4 282
6 688
-
-
surtax
-
-
-
-
total
7 469
11 665
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 741
26 785
23 554
23 457
After tax
29 259
27 215
30 446
30 543
Living cost
11 831
11 831
11 831
11 831
Free-cash
17 428
15 384
18 615
18 712

Estimated living cost  is ₴11831 per week

₴7460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
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.
₴3208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
₴13841
₴12890
₴13744
₴10513
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
-
-
-
54 000
surtax
-
-
-
-
health
-
-
-
2 067
pensions
-
-
-
10 288
social contributions
-
-
-
1 538
income
-
-
-
7 890
other
-
-
-
1 674
total
-
-
-
23 457
Employee
21 658
-
42 229
-
income
1 890
-
7 825
-
surtax
-
-
-
-
social contributions
617
-
1 203
-
pensions
2 450
-
2 755
-
total
4 957
-
11 783
-
Employer
21 658
-
42 229
-
pensions
3 559
-
4 671
-
social contributions
65
-
127
-
other
747
-
1 570
-
health
1 516
-
3 693
-
unemployment
877
-
1 710
-
total
6 764
-
11 771
-
Corporate
25 578
54 000
-
-
income
7 162
15 120
-
-
surtax
-
-
-
-
total
7 162
15 120
-
-
Dividends
18 416
38 880
-
-
withholding
2 357
4 977
-
-
social contributions
3 168
6 688
-
-
surtax
-
-
-
-
total
5 525
11 665
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 408
26 785
23 554
23 457
After tax
29 592
27 215
30 446
30 543
Living cost
16 702
16 702
16 702
16 702
Free-cash
12 890
10 513
13 744
13 841

Estimated living cost  is ₴16702 per week

₴11303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
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.
₴3803
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
₴51228
₴48649
₴40968
₴49068
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%.

-
-
-
54 000
microenterprise

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

-
-
-
540
total
-
-
-
540
Employee
2 789
-
54 000
-
income
558
-
10 800
-
total
558
-
10 800
-
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%.

51 211
54 000
-
-
total
-
-
-
-
Dividends
51 211
54 000
-
-
withholding
2 561
2 700
-
-
total
2 561
2 700
-
-
Income
54 000
54 000
54 000
54 000
Total tax
3 119
2 700
10 800
540
After tax
50 881
51 300
43 200
53 460
Living cost
2 232
2 232
2 232
2 232
Free-cash
48 649
49 068
40 968
51 228

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴49982
₴47170
₴39722
₴47822
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%.

-
-
-
54 000
microenterprise

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

-
-
-
540
total
-
-
-
540
Employee
4 347
-
54 000
-
income
869
-
10 800
-
total
869
-
10 800
-
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%.

49 653
54 000
-
-
total
-
-
-
-
Dividends
49 653
54 000
-
-
withholding
2 483
2 700
-
-
total
2 483
2 700
-
-
Income
54 000
54 000
54 000
54 000
Total tax
3 352
2 700
10 800
540
After tax
50 648
51 300
43 200
53 460
Living cost
3 478
3 478
3 478
3 478
Free-cash
47 170
47 822
39 722
49 982

Estimated living cost  is ₴3478 per week

₴2353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₴16044
₴18976
₴21486
₴14452
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.

-
-
-
54 000
surtax

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

-
-
-
876
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.

-
-
-
2 362
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.

-
-
-
15 926
trade
-
-
-
5 442
total
-
-
-
24 606
Employee

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

17 206
-
54 000
-
income

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

1 415
-
15 926
-
surtax

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

78
-
876
-
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.

2 362
-
2 362
-
total
3 855
-
19 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 794
54 000
-
-
trade
5 280
7 749
-
-
income
5 519
8 100
-
-
chamber of commerce
106
132
-
-
surtax

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

304
446
-
-
total
11 209
16 427
-
-
Dividends
25 585
37 574
-
-
withholding
6 265
9 262
-
-
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.

345
509
-
-
total
6 610
9 771
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 674
26 198
19 164
24 606
After tax
32 326
27 802
34 836
29 394
Living cost
13 350
13 350
13 350
13 350
Free-cash
18 976
14 452
21 486
16 044

Estimated living cost  is ₴13350 per week

₴9209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴194
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.
₴2511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Dresden , Germany
₴18389
₴20599
₴24362
₴16772
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.

-
-
-
54 000
surtax

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

-
-
-
876
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.

-
-
-
2 362
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.

-
-
-
15 926
trade
-
-
-
5 973
total
-
-
-
25 137
Employee

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

13 226
-
54 000
-
income

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

369
-
15 926
-
surtax

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

20
-
876
-
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.

2 362
-
2 362
-
total
2 751
-
19 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 774
54 000
-
-
trade
6 422
8 505
-
-
income
6 116
8 100
-
-
chamber of commerce
111
130
-
-
surtax

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

337
446
-
-
total
12 986
17 181
-
-
Dividends
27 789
36 820
-
-
withholding
6 815
9 074
-
-
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.

375
499
-
-
total
7 190
9 573
-
-
Income
54 000
54 000
54 000
54 000
Total tax
22 927
26 754
19 164
25 137
After tax
31 073
27 246
34 836
28 863
Living cost
10 474
10 474
10 474
10 474
Free-cash
20 599
16 772
24 362
18 389

Estimated living cost  is ₴10474 per week

₴6588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Hamburg , Germany
₴15014
₴18244
₴21252
₴13385
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.

-
-
-
54 000
surtax

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

-
-
-
876
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.

-
-
-
2 362
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.

-
-
-
15 926
trade
-
-
-
6 238
total
-
-
-
25 402
Employee

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

17 536
-
54 000
-
income

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

1 507
-
15 926
-
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.

83
-
876
-
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.

2 362
-
2 362
-
total
3 952
-
19 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 464
54 000
-
-
trade
5 998
8 883
-
-
income
5 470
8 100
-
-
chamber of commerce
104
129
-
-
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.

301
446
-
-
total
11 873
17 558
-
-
Dividends
24 591
36 442
-
-
withholding
6 016
8 979
-
-
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.

331
494
-
-
total
6 347
9 473
-
-
Income
54 000
54 000
54 000
54 000
Total tax
22 172
27 031
19 164
25 402
After tax
31 828
26 969
34 836
28 598
Living cost
13 584
13 584
13 584
13 584
Free-cash
18 244
13 385
21 252
15 014

Estimated living cost  is ₴13584 per week

₴9085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Munich , Germany
₴12491
₴16458
₴18995
₴10849
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.

-
-
-
54 000
surtax

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

-
-
-
876
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.

-
-
-
2 362
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.

-
-
-
15 926
trade
-
-
-
6 504
total
-
-
-
25 668
Employee

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

20 782
-
54 000
-
income

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

2 444
-
15 926
-
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.

135
-
876
-
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.

2 362
-
2 362
-
total
4 941
-
19 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 218
54 000
-
-
trade
5 697
9 261
-
-
income
4 983
8 100
-
-
chamber of commerce
99
129
-
-
surtax

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

274
446
-
-
total
11 053
17 936
-
-
Dividends
22 165
36 065
-
-
withholding
5 410
8 885
-
-
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.

297
489
-
-
total
5 707
9 374
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 701
27 310
19 164
25 668
After tax
32 299
26 690
34 836
28 332
Living cost
15 841
15 841
15 841
15 841
Free-cash
16 458
10 849
18 995
12 491

Estimated living cost  is ₴15841 per week

₴11570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴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

Additional information

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

Athens , Greece
₴17860
₴25100
₴15948
₴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
-
-
-
54 000
surtax
-
-
-
2 007
unemployment
-
-
-
79
health
-
-
-
3 276
pensions
-
-
-
9 230
income
-
-
-
13 781
other
-
-
-
-
total
-
-
-
28 373
Employee
11 645
-
44 610
-
unemployment
810
-
3 105
-
other
-
-
-
-
income
1 952
-
11 970
-
surtax
41
-
1 706
-
pensions
777
-
2 975
-
health
297
-
1 138
-
total
3 877
-
20 894
-
Employer
11 645
-
44 610
-
pensions
1 553
-
5 947
-
other
-
-
-
-
health
530
-
2 030
-
unemployment
369
-
1 414
-
total
2 452
-
9 391
-
Corporate
39 903
54 000
-
-
income
10 375
14 040
-
-
total
10 375
14 040
-
-
Dividends
29 528
39 960
-
-
withholding
4 429
5 994
-
-
total
4 429
5 994
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 133
20 034
30 285
28 373
After tax
32 867
33 966
23 715
25 627
Living cost
7 767
7 767
7 767
7 767
Free-cash
25 100
26 199
15 948
17 860

Estimated living cost  is ₴7767 per week

₴4689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
₴17996
₴25259
₴16084
₴26335
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
-
-
-
54 000
surtax
-
-
-
2 007
unemployment
-
-
-
79
health
-
-
-
3 276
pensions
-
-
-
9 230
income
-
-
-
13 781
other
-
-
-
-
total
-
-
-
28 373
Employee
11 435
-
44 610
-
unemployment
796
-
3 105
-
other
-
-
-
-
income
1 917
-
11 970
-
surtax
37
-
1 706
-
pensions
763
-
2 975
-
health
292
-
1 138
-
total
3 805
-
20 894
-
Employer
11 435
-
44 610
-
pensions
1 524
-
5 947
-
other
-
-
-
-
health
520
-
2 030
-
unemployment
362
-
1 414
-
total
2 406
-
9 391
-
Corporate
40 158
54 000
-
-
income
10 441
14 040
-
-
total
10 441
14 040
-
-
Dividends
29 717
39 960
-
-
withholding
4 458
5 994
-
-
total
4 458
5 994
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 110
20 034
30 285
28 373
After tax
32 890
33 966
23 715
25 627
Living cost
7 631
7 631
7 631
7 631
Free-cash
25 259
26 335
16 084
17 996

Estimated living cost  is ₴7631 per week

₴4666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
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.
₴2085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
₴30488
₴23585
₴24384
₴23442
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
-
-
-
54 000
unemployment
-
-
-
810
health
-
-
-
3 780
pensions
-
-
-
5 400
income
-
-
-
6 602
total
-
-
-
16 592
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 989
3 975
45 188
-
unemployment
150
60
678
-
income
1 221
486
5 524
-
pensions
999
398
4 519
-
health
699
278
3 163
-
total
3 069
1 222
13 884
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

9 989
3 975
45 188
-
pensions
1 948
775
8 812
-
total
1 948
775
8 812
-
Corporate
42 064
49 249
-
-
income
3 786
4 432
-
-
total
3 786
4 432
-
-
Dividends
38 278
44 817
-
-
withholding
7 273
8 515
-
-
social contributions
7 419
8 694
-
-
total
14 692
17 209
-
-
Income
54 000
54 000
54 000
54 000
Total tax
23 495
23 638
22 696
16 592
After tax
30 505
30 362
31 304
37 408
Living cost
6 920
6 920
6 920
6 920
Free-cash
23 585
23 442
24 384
30 488

Estimated living cost  is ₴6920 per week

₴4722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴138
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.
₴1493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
₴15236
₴16726
₴15660
₴17003
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
-
-
-
54 000
national
-
-
-
9 123
pensions
-
-
-
6 480
social contributions
-
-
-
581
municipal
-
-
-
5 887
total
-
-
-
22 071
Employee
25 878
-
46 683
-
municipal
3 196
-
6 096
-
national
4 953
-
9 447
-
pensions
1 035
-
1 867
-
total
9 184
-
17 410
-
Employer
25 878
-
46 683
-
pensions
2 070
-
3 735
-
social contributions
278
-
502
-
total
2 348
-
4 237
-
Corporate
24 066
54 000
-
-
income

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

4 813
10 800
-
-
total
4 813
10 800
-
-
Dividends
19 253
43 200
-
-
withholding
4 236
9 504
-
-
total
4 236
9 504
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 581
20 304
21 647
22 071
After tax
33 419
33 696
32 353
31 929
Living cost
16 693
16 693
16 693
16 693
Free-cash
16 726
17 003
15 660
15 236

Estimated living cost  is ₴16693 per week

₴11346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
₴9569
₴18866
₴9569
₴18102
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
-
-
-
54 000
social contributions
-
-
-
8 849
income
-
-
-
15 884
total
-
-
-
24 733
Employee
27 049
-
54 000
-
social contributions
2 247
-
8 849
-
income
5 104
-
15 884
-
total
7 351
-
24 733
-
Employer
27 049
-
54 000
-
total
-
-
-
-
Corporate
26 951
54 000
-
-
income
3 369
6 750
-
-
total
3 369
6 750
-
-
Dividends
23 582
47 250
-
-
withholding
4 716
9 450
-
-
total
4 716
9 450
-
-
Income
54 000
54 000
54 000
54 000
Total tax
15 436
16 200
24 733
24 733
After tax
38 564
37 800
29 267
29 267
Living cost
19 698
19 698
19 698
19 698
Free-cash
18 866
18 102
9 569
9 569

Estimated living cost  is ₴19698 per week

₴14986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴188
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
₴11621
₴12414
₴9172
₴14220
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
-
-
-
54 000
national
-
-
-
12 948
regional
-
-
-
630
social contributions
-
-
-
13 889
municipal
-
-
-
321
total
-
-
-
27 788
Employee
30 732
-
54 000
-
municipal
163
-
286
-
national
5 325
-
11 186
-
social contributions
10 363
-
18 209
-
regional
290
-
556
-
total
16 141
-
30 237
-
Employer
30 732
-
54 000
-
total
-
-
-
-
Corporate
23 268
54 000
-
-
nationa
5 584
12 960
-
-
municipal
908
2 106
-
-
total
6 492
15 066
-
-
Dividends
16 776
38 934
-
-
withholding
4 362
10 123
-
-
total
4 362
10 123
-
-
Income
54 000
54 000
54 000
54 000
Total tax
26 995
25 189
30 237
27 788
After tax
27 005
28 811
23 763
26 212
Living cost
14 591
14 591
14 591
14 591
Free-cash
12 414
14 220
9 172
11 621

Estimated living cost  is ₴14591 per week

₴10171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
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.
₴3239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
₴16713
₴18302
₴14277
₴19068
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
-
-
-
54 000
national
-
-
-
12 948
regional
-
-
-
814
social contributions
-
-
-
13 889
municipal
-
-
-
321
total
-
-
-
27 972
Employee
19 182
-
54 000
-
municipal
102
-
286
-
national
3 039
-
11 186
-
social contributions
6 468
-
18 209
-
regional
258
-
727
-
total
9 867
-
30 408
-
Employer
19 182
-
54 000
-
total
-
-
-
-
Corporate
34 818
54 000
-
-
nationa
8 356
12 960
-
-
municipal
1 730
2 684
-
-
total