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

Valencia , Spain
₴26288
₴20662
₴21940
₴27629
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
54 000
unemployment
-
-
-
197
income
-
-
-
15 246
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 975
total
-
-
-
23 700
Employee
11 242
-
45 016
-
unemployment
174
-
437
-
pensions
528
-
1 325
-
income
2 167
-
14 203
-
other
11
-
28
-
total
2 880
-
15 993
-
Employer
11 242
-
45 016
-
pensions
2 653
-
6 651
-
accident
223
-
558
-
unemployment
618
-
1 550
-
other
90
-
226
-
total
3 584
-
8 985
-
Corporate
39 174
54 000
-
-
income

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

5 876
8 100
-
-
total
5 876
8 100
-
-
Dividends
33 298
45 900
-
-
withholding
7 012
9 911
-
-
total
7 012
9 911
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 352
18 011
24 978
23 700
After tax
34 648
35 989
29 022
30 300
Living cost
8 360
8 360
8 360
8 360
Free-cash
26 288
27 629
20 662
21 940

Estimated living cost  is ₴8360 per week

₴5643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1767
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
₴29520
₴22491
₴22191
₴31573
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
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.

-
-
-
11 096
income
-
-
-
8 382
other
-
-
-
2 196
health
-
-
-
2 034
total
-
-
-
23 708
Employee
11 039
-
43 130
-
health
155
-
604
-
unemployment
110
-
432
-
pensions

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

773
-
3 019
-
income
1 900
-
8 482
-
total
2 938
-
12 537
-
Employer
11 039
-
43 130
-
health
155
-
604
-
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.

1 877
-
7 333
-
accident
88
-
345
-
unemployment
110
-
432
-
other
552
-
2 157
-
total
2 782
-
10 871
-
Corporate
40 179
54 000
-
-
income
8 437
11 340
-
-
total
8 437
11 340
-
-
Dividends
31 741
42 660
-
-
withholding
2 222
2 986
-
-
total
2 222
2 986
-
-
Income
54 000
54 000
54 000
54 000
Total tax
16 379
14 326
23 408
23 708
After tax
37 621
39 674
30 592
30 292
Living cost
8 101
8 101
8 101
8 101
Free-cash
29 520
31 573
22 491
22 191

Estimated living cost  is ₴8101 per week

₴5724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1700
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
₴40786
₴41218
₴39095
₴42193
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
pensions

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

-
-
-
1 568
unemployment
-
-
-
42
income
-
-
-
8 100
health
-
-
-
1 218
total
-
-
-
10 928
Employee
5 266
-
51 921
-
health
242
-
487
-
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.

462
-
930
-
income
526
-
5 192
-
total
1 288
-
6 726
-
Employer
5 266
-
51 921
-
health
363
-
731
-
pensions

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

580
-
1 167
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
31
-
64
-
total
1 032
-
2 079
-
Corporate
47 701
54 000
-
-
income
4 770
5 400
-
-
total
4 770
5 400
-
-
Dividends
42 931
48 600
-
-
withholding
2 147
2 430
-
-
total
2 147
2 430
-
-
Income
54 000
54 000
54 000
54 000
Total tax
9 237
7 830
8 805
10 928
After tax
44 763
46 170
45 195
43 072
Living cost
3 977
3 977
3 977
3 977
Free-cash
40 786
42 193
41 218
39 095

Estimated living cost  is ₴3977 per week

₴2322
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.
₴105
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.
₴1266
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
₴18610
₴19219
₴20022
₴16814
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
income
-
-
-
8 480
other
-
-
-
1 674
health
-
-
-
2 297
social contributions
-
-
-
1 539
pensions
-
-
-
9 586
surtax
-
-
-
-
total
-
-
-
23 576
Employee
13 012
-
41 818
-
pensions
1 471
-
2 897
-
income
768
-
8 110
-
social contributions
371
-
1 191
-
surtax
-
-
-
-
total
2 610
-
12 198
-
Employer
13 012
-
41 818
-
health
911
-
3 857
-
social contributions
39
-
125
-
pensions
2 138
-
4 879
-
unemployment
527
-
1 693
-
other
449
-
1 627
-
total
4 064
-
12 181
-
Corporate
36 924
54 000
-
-
income
10 339
15 120
-
-
surtax
-
-
-
-
total
10 339
15 120
-
-
Dividends
26 585
38 880
-
-
social contributions
4 572
6 687
-
-
surtax
-
-
-
-
withholding
3 403
4 977
-
-
total
7 975
11 664
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 988
26 784
24 379
23 576
After tax
29 012
27 216
29 621
30 424
Living cost
10 402
10 402
10 402
10 402
Free-cash
18 610
16 814
19 219
20 022

Estimated living cost  is ₴10402 per week

₴6559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2821
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
₴12143
₴21050
₴17046
₴14005
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
pensions
-
-
-
3 562
income
-
-
-
16 907
health
-
-
-
3 749
total
-
-
-
24 218
Employee
25 963
25 963
48 350
-
health
3 985
3 390
3 749
-
pensions
4 673
3 562
3 562
-
income

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

4 250
4 250
7 253
-
total
12 908
11 202
14 564
-
Employer
25 963
25 963
48 350
-
health
1 805
1 805
2 243
-
pensions
1 807
1 807
2 246
-
unemployment
935
935
1 161
-
total
4 547
4 547
5 650
-
Corporate
23 809
23 491
-
-
income
4 762
4 698
-
-
total
4 762
4 698
-
-
Dividends
19 047
18 792
-
-
income
4 047
3 993
-
-
withholding
2 857
2 819
-
-
total
6 904
6 812
-
-
Income
54 000
54 000
54 000
54 000
Total tax
29 121
27 259
20 214
24 218
After tax
24 879
26 741
33 786
29 782
Living cost
12 736
12 736
12 736
12 736
Free-cash
12 143
14 005
21 050
17 046

Estimated living cost  is ₴12736 per week

₴9026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1148
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.
₴2360
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
₴21387
₴25051
₴18773
₴18027
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
trade
-
-
-
6 278
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.

-
-
-
16 742
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.

-
-
-
2 077
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.

-
-
-
921
total
-
-
-
26 018
Employee

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

11 629
-
54 000
-
health

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

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

2 077
-
2 077
-
income

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

325
-
16 742
-
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
-
921
-
total
2 420
-
19 740
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 371
54 000
-
-
income
6 356
8 100
-
-
trade
6 674
8 505
-
-
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.

350
445
-
-
chamber of commerce
107
123
-
-
total
13 487
17 173
-
-
Dividends
28 885
36 826
-
-
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.

391
500
-
-
withholding
7 106
9 091
-
-
total
7 497
9 591
-
-
Income
54 000
54 000
54 000
54 000
Total tax
23 404
26 764
19 740
26 018
After tax
30 596
27 236
34 260
27 982
Living cost
9 209
9 209
9 209
9 209
Free-cash
21 387
18 027
25 051
18 773

Estimated living cost  is ₴9209 per week

₴5793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1074
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.
₴2171
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
₴30697
₴29374
₴29848
₴32353
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
income
-
-
-
10 817
health
-
-
-
1 377
social contributions
-
-
-
4 919
total
-
-
-
17 113
Employee
23 379
23 379
50 449
-
health
181
398
857
-
income
2 546
2 164
10 562
-
social contributions
884
1 940
2 617
-
total
3 611
4 502
14 036
-
Employer
23 379
23 379
50 449
-
health
197
433
934
-
social contributions
884
1 940
2 617
-
total
1 081
2 373
3 551
-
Corporate
42 270
28 248
-
-
income
5 284
3 531
-
-
total
5 284
3 531
-
-
Dividends
36 986
24 718
-
-
withholding
6 288
4 202
-
-
total
6 288
4 202
-
-
Income
54 000
54 000
54 000
54 000
Total tax
16 264
14 608
17 587
17 113
After tax
37 736
39 392
36 413
36 887
Living cost
7 039
7 039
7 039
7 039
Free-cash
30 697
32 353
29 374
29 848

Estimated living cost  is ₴7039 per week

₴4219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1974
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
₴20873
₴15260
₴19355
₴21179
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.

-
-
-
54 000
income
-
-
-
6 344
social contributions

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

-
-
-
18 765
surtax
-
-
-
-
total
-
-
-
25 109
Employee
13 983
-
43 636
-
income
2 909
-
14 040
-
social contributions
1 538
-
4 800
-
surtax
-
-
-
-
total
4 447
-
18 840
-
Employer
13 983
-
43 636
-
social contributions
3 321
-
10 364
-
total
3 321
-
10 364
-
Corporate
36 696
54 000
-
-
income
7 706
11 340
-
-
surtax
-
-
-
-
total
7 706
11 340
-
-
Dividends
28 990
42 660
-
-
withholding
8 117
11 945
-
-
total
8 117
11 945
-
-
Income
54 000
54 000
54 000
54 000
Total tax
23 591
23 285
29 204
25 109
After tax
30 409
30 715
24 796
28 891
Living cost
9 536
9 536
9 536
9 536
Free-cash
20 873
21 179
15 260
19 355

Estimated living cost  is ₴9536 per week

₴7135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1680
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
₴48568
₴40899
₴51159
₴48999
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
2 876
-
54 000
-
income
575
-
10 800
-
total
575
-
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%.

51 124
54 000
-
-
total
-
-
-
-
Dividends
51 124
54 000
-
-
withholding
2 556
2 700
-
-
total
2 556
2 700
-
-
Income
54 000
54 000
54 000
54 000
Total tax
3 131
2 700
10 800
540
After tax
50 869
51 300
43 200
53 460
Living cost
2 301
2 301
2 301
2 301
Free-cash
48 568
48 999
40 899
51 159

Estimated living cost  is ₴2301 per week

₴1426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴63
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.
₴621
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
₴26482
₴16765
₴18196
₴29024
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.

-
-
-
54 000
pensions
-
-
-
9 862
unemployment
-
-
-
81
income
-
-
-
12 393
health
-
-
-
5 313
total
-
-
-
27 649
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.

13 444
-
46 725
-
health
868
-
3 019
-
unemployment
19
-
65
-
pensions
2 084
-
7 243
-
income
2 318
-
11 478
-
total
5 289
-
21 805
-
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.

13 444
-
46 725
-
health
895
-
3 112
-
pensions
1 190
-
4 135
-
unemployment
8
-
28
-
total
2 093
-
7 275
-
Corporate
38 462
54 000
-
-
income
7 308
10 260
-
-
total
7 308
10 260
-
-
Dividends
31 155
43 740
-
-
withholding
4 673
6 561
-
-
total
4 673
6 561
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 363
16 821
29 080
27 649
After tax
34 637
37 179
24 920
26 351
Living cost
8 155
8 155
8 155
8 155
Free-cash
26 482
29 024
16 765
18 196

Estimated living cost  is ₴8155 per week

₴5596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴158
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1878
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
₴23521
₴27331
₴32401
₴22458
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.

-
-
-
54 000
income
-
-
-
8 654
health

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

-
-
-
1 909
total
-
-
-
10 563
Employee
13 947
-
52 601
-
social contributions
1 397
-
1 399
-
income
1 513
-
12 835
-
total
2 910
-
14 234
-
Employer
13 947
-
52 601
-
social contributions
1 397
-
1 399
-
total
1 397
-
1 399
-
Corporate
38 655
54 000
-
-
income
13 530
18 900
-
-
total
13 530
18 900
-
-
Dividends
25 126
35 100
-
-
social contributions
1 606
1 606
-
-
total
1 606
1 606
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 443
20 506
15 633
10 563
After tax
34 557
33 494
38 367
43 437
Living cost
11 036
11 036
11 036
11 036
Free-cash
23 521
22 458
27 331
32 401

Estimated living cost  is ₴11036 per week

₴7270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴870
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.
₴2727
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
₴26657
₴27105
₴28232
₴26498
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
income
-
-
-
8 100
health
-
-
-
3 769
social contributions
-
-
-
7 452
total
-
-
-
19 321
Employee
10 308
-
54 000
-
health
719
-
3 769
-
income
1 719
-
9 227
-
social contributions
1 423
-
7 452
-
total
3 861
-
20 448
-
Employer
10 308
-
54 000
-
total
-
-
-
-
Corporate
43 692
54 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

2 184
2 700
-
-
total
2 184
2 700
-
-
Dividends
41 507
51 300
-
-
social contributions
5 728
7 079
-
-
withholding
6 226
7 695
-
-
health
2 897
3 581
-
-
total
14 851
18 355
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 896
21 055
20 448
19 321
After tax
33 104
32 945
33 552
34 679
Living cost
6 447
6 447
6 447
6 447
Free-cash
26 657
26 498
27 105
28 232

Estimated living cost  is ₴6447 per week

₴4314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1586
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
₴25638
₴20305
₴22562
₴28674
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
income
-
-
-
5 517
health
-
-
-
7 290
social contributions
-
-
-
9 932
solidarity contribution
-
-
-
194
total
-
-
-
22 933
Employee
12 508
-
41 740
-
health
1 689
-
5 635
-
solidarity contribution
-
-
-
-
income
1 501
-
5 084
-
social contributions
813
-
2 211
-
total
4 003
-
12 930
-
Employer
12 508
-
41 740
-
health
1 126
-
3 757
-
social contributions
3 127
-
8 503
-
total
4 253
-
12 260
-
Corporate
37 239
54 000
-
-
income
7 076
10 260
-
-
total
7 076
10 260
-
-
Dividends
30 164
43 740
-
-
withholding
4 525
6 561
-
-
total
4 525
6 561
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 857
16 821
25 190
22 933
After tax
34 143
37 179
28 810
31 067
Living cost
8 505
8 505
8 505
8 505
Free-cash
25 638
28 674
20 305
22 562

Estimated living cost  is ₴8505 per week

₴6325
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
₴47041
₴39614
₴49874
₴47714
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
4 482
-
54 000
-
income
897
-
10 800
-
total
897
-
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%.

49 518
54 000
-
-
total
-
-
-
-
Dividends
49 518
54 000
-
-
withholding
2 476
2 700
-
-
total
2 476
2 700
-
-
Income
54 000
54 000
54 000
54 000
Total tax
3 373
2 700
10 800
540
After tax
50 627
51 300
43 200
53 460
Living cost
3 586
3 586
3 586
3 586
Free-cash
47 041
47 714
39 614
49 874

Estimated living cost  is ₴3586 per week

₴2427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴151
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.
₴888
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
₴14622
₴14937
₴15740
₴12532
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
income
-
-
-
8 480
other
-
-
-
1 674
health
-
-
-
2 297
social contributions
-
-
-
1 539
pensions
-
-
-
9 586
surtax
-
-
-
-
total
-
-
-
23 576
Employee
19 042
-
41 818
-
pensions
2 154
-
2 897
-
income
1 661
-
8 110
-
social contributions
542
-
1 191
-
surtax
-
-
-
-
total
4 357
-
12 198
-
Employer
19 042
-
41 818
-
health
1 333
-
3 857
-
social contributions
57
-
125
-
pensions
3 129
-
4 879
-
unemployment
771
-
1 693
-
other
657
-
1 627
-
total
5 947
-
12 181
-
Corporate
29 011
54 000
-
-
income
8 123
15 120
-
-
surtax
-
-
-
-
total
8 123
15 120
-
-
Dividends
20 888
38 880
-
-
social contributions
3 593
6 687
-
-
surtax
-
-
-
-
withholding
2 674
4 977
-
-
total
6 267
11 664
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 694
26 784
24 379
23 576
After tax
29 306
27 216
29 621
30 424
Living cost
14 684
14 684
14 684
14 684
Free-cash
14 622
12 532
14 937
15 740

Estimated living cost  is ₴14684 per week

₴9938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1201
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.
₴3343
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
₴32285
₴28062
₴28062
₴33775
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.

-
-
-
54 000
pensions
-
-
-
5 822
unemployment
-
-
-
336
income
-
-
-
12 234
health
-
-
-
2 306
total
-
-
-
20 698
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.

7 901
-
49 992
-
health
407
-
1 153
-
unemployment
59
-
168
-
pensions
1 106
-
3 135
-
income
1 089
-
12 234
-
total
2 661
-
16 690
-
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.

7 901
-
49 992
-
health
407
-
1 153
-
pensions
948
-
2 687
-
unemployment
59
-
168
-
total
1 414
-
4 008
-
Corporate
44 684
54 000
-
-
income
6 703
8 100
-
-
total
6 703
8 100
-
-
Dividends
37 982
45 900
-
-
withholding
5 697
6 885
-
-
total
5 697
6 885
-
-
Income
54 000
54 000
54 000
54 000
Total tax
16 475
14 985
20 698
20 698
After tax
37 525
39 015
33 302
33 302
Living cost
5 240
5 240
5 240
5 240
Free-cash
32 285
33 775
28 062
28 062

Estimated living cost  is ₴5240 per week

₴3528
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.
₴152
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1155
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
₴12859
₴20290
₴22531
₴4010
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
pensions
-
-
-
4 968
city
-
-
-
569
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.

-
-
-
1 080
health
-
-
-
122
regional
-
-
-
2 869
national
-
-
-
1 178
total
-
-
-
10 786
Employee
24 204
-
48 443
-
health
55
-
109
-
unemployment
-
-
-
-
city
260
-
522
-
pensions
2 033
-
3 946
-
regional
793
-
2 511
-
national
115
-
915
-
total
3 256
-
8 003
-
Employer
24 204
-
48 443
-
health
55
-
109
-
pensions
2 033
-
3 946
-
unemployment
-
-
-
-
other

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

484
-
969
-
total
2 572
-
5 024
-
Corporate
26 958
54 000
-
-
regional
5 701
11 421
-
-
national
2 292
4 590
-
-
total
7 993
16 011
-
-
Dividends
18 964
37 989
-
-
withholding
6 637
13 296
-
-
total
6 637
13 296
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 458
29 307
13 027
10 786
After tax
33 542
24 693
40 973
43 214
Living cost
20 683
20 683
20 683
20 683
Free-cash
12 859
4 010
20 290
22 531

Estimated living cost  is ₴20683 per week

₴13450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5123
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
₴22914
₴16626
₴23092
₴22136
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
municipal
-
-
-
9 593
health
-
-
-
704
national
-
-
-
8 938
total
-
-
-
19 235
Employee
15 996
-
45 428
-
health
119
-
573
-
unemployment
240
-
681
-
pensions
1 079
-
3 067
-
national
264
-
5 408
-
municipal
2 620
-
7 399
-
total
4 322
-
17 128
-
Employer
15 996
-
45 428
-
health
123
-
350
-
pensions
2 775
-
7 882
-
accident
16
-
46
-
unemployment
104
-
295
-
total
3 018
-
8 573
-
Corporate
34 986
54 000
-
-
income
6 997
10 800
-
-
total
6 997
10 800
-
-
Dividends

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

20 992
32 400
-
-
municipal
3 778
5 832
-
-
national
1 298
3 559
-
-
total
5 076
9 391
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 413
20 191
25 701
19 235
After tax
34 587
33 809
28 299
34 765
Living cost
11 673
11 673
11 673
11 673
Free-cash
22 914
22 136
16 626
23 092

Estimated living cost  is ₴11673 per week

₴7624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1123
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.
₴2740
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
₴14555
₴7902
₴12329
₴19114
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
communal

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

-
-
-
2 785
social contributions
-
-
-
7 580
national
-
-
-
20 221
total
-
-
-
30 586
Employee

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

21 747
-
41 825
-
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.

1 022
-
1 966
-
communal

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

1 134
-
2 181
-
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
-
364
-
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.

1 631
-
3 137
-
national
6 686
-
15 190
-
total
10 662
-
22 838
-
Employer

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

21 747
-
41 825
-
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.

1 337
-
2 573
-
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.

1 927
-
3 706
-
surtax
2 466
-
4 743
-
accident

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

283
-
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.

317
-
610
-
total
6 330
-
12 175
-
Corporate
25 922
54 000
-
-
income
5 185
10 800
-
-
surtax
104
216
-
-
total
5 289
11 016
-
-
Dividends
20 634
42 984
-
-
withholding

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

6 079
12 785
-
-
total
6 079
12 785
-
-
Income
54 000
54 000
54 000
54 000
Total tax
28 360
23 801
35 013
30 586
After tax
25 640
30 199
18 987
23 414
Living cost
11 085
11 085
11 085
11 085
Free-cash
14 555
19 114
7 902
12 329

Estimated living cost  is ₴11085 per week

₴7140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2802
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
₴16033
₴14506
₴14824
₴16328
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
-
-
-
29
municipal
-
-
-
13 612
other
-
-
-
3 350
health
-
-
-
1 799
national
-
-
-
4 055
accident
-
-
-
58
pensions
-
-
-
3 117
total
-
-
-
26 020
Employee
18 746
-
44 941
-
national
-
-
3 878
-
municipal
5 590
-
13 401
-
total
5 590
-
17 279
-
Employer
18 746
-
44 941
-
health
1 153
-
1 773
-
pensions
2 026
-
3 117
-
accident
38
-
58
-
unemployment
495
-
761
-
other
2 178
-
3 350
-
total
5 890
-
9 059
-
Corporate
29 364
54 000
-
-
income
6 460
11 880
-
-
total
6 460
11 880
-
-
Dividends
22 904
42 120
-
-
withholding
6 871
12 636
-
-
total
6 871
12 636
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 811
24 516
26 338
26 020
After tax
29 189
29 484
27 662
27 980
Living cost
13 156
13 156
13 156
13 156
Free-cash
16 033
16 328
14 506
14 824

Estimated living cost  is ₴13156 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
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.
₴2946
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
₴2115
₴34921
₴22697
₴18233
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
income
-
-
-
10 526
social contributions
-
-
-
6 156
total
-
-
-
16 682
Employee
20 964
-
-
-
income
4 624
-
-
-
social contributions
1 719
-
245
-
total
6 343
-
245
-
Employer
20 964
-
-
-
social contributions
29 560
-
4 213
-
total
29 560
-
4 213
-
Corporate
3 476
54 000
-
-
income
765
11 880
-
-
total
765
11 880
-
-
Dividends
2 711
42 120
-
-
income
596
9 266
-
-
total
596
9 266
-
-
Income
54 000
54 000
54 000
54 000
Total tax
37 264
21 146
4 458
16 682
After tax
16 736
32 854
49 542
37 318
Living cost
14 621
14 621
14 621
14 621
Free-cash
2 115
18 233
34 921
22 697

Estimated living cost  is ₴14621 per week

₴9487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1375
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.
₴3573
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
₴28271
₴26552
₴27026
₴29531
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
income
-
-
-
10 817
health
-
-
-
1 377
social contributions
-
-
-
4 919
total
-
-
-
17 113
Employee
23 379
23 379
50 449
-
health
233
398
857
-
income
2 455
2 164
10 562
-
social contributions
1 136
1 940
2 617
-
total
3 824
4 502
14 036
-
Employer
23 379
23 379
50 449
-
health
253
433
934
-
social contributions
1 136
1 940
2 617
-
total
1 389
2 373
3 551
-
Corporate
38 926
28 248
-
-
income
4 865
3 531
-
-
total
4 865
3 531
-
-
Dividends
34 061
24 718
-
-
withholding
5 790
4 202
-
-
total
5 790
4 202
-
-
Income
54 000
54 000
54 000
54 000
Total tax
15 868
14 608
17 587
17 113
After tax
38 132
39 392
36 413
36 887
Living cost
9 861
9 861
9 861
9 861
Free-cash
28 271
29 531
26 552
27 026

Estimated living cost  is ₴9861 per week

₴6741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2184
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
₴25960
₴19907
₴24782
₴24234
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
income
-
-
-
15 714
pensions
-
-
-
2 676
total
-
-
-
18 390
Employee
14 863
-
47 148
-
health
194
-
674
-
pensions
1 134
-
3 272
-
income
2 707
-
12 466
-
total
4 035
-
16 412
-
Employer
14 863
-
47 148
-
health
282
-
896
-
pensions
1 502
-
5 957
-
total
1 784
-
6 853
-
Corporate
37 353
54 000
-
-
income

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

7 097
10 260
-
-
total
7 097
10 260
-
-
Dividends
30 256
43 740
-
-
withholding
4 296
8 678
-
-
total
4 296
8 678
-
-
Income
54 000
54 000
54 000
54 000
Total tax
17 212
18 938
23 265
18 390
After tax
36 788
35 062
30 735
35 610
Living cost
10 828
10 828
10 828
10 828
Free-cash
25 960
24 234
19 907
24 782

Estimated living cost  is ₴10828 per week

₴7428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴135
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.
₴2268
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
₴14948
₴10660
₴13031
₴16332
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
municipal
-
-
-
361
regional
-
-
-
1 237
social contributions
-
-
-
13 889
national
-
-
-
13 370
total
-
-
-
28 857
Employee
25 620
-
54 000
-
social contributions
8 639
-
18 209
-
regional
387
-
1 098
-
national
4 329
-
11 599
-
municipal
153
-
322
-
total
13 508
-
31 228
-
Employer
25 620
-
54 000
-
total
-
-
-
-
Corporate
28 380
54 000
-
-
nationa
6 812
12 960
-
-
municipal
1 368
2 603
-
-
total
8 180
15 563
-
-
Dividends
20 201
38 437
-
-
withholding
5 252
9 993
-
-
total
5 252
9 993
-
-
Income
54 000
54 000
54 000
54 000
Total tax
26 940
25 556
31 228
28 857
After tax
27 060
28 444
22 772
25 143
Living cost
12 112
12 112
12 112
12 112
Free-cash
14 948
16 332
10 660
13 031

Estimated living cost  is ₴12112 per week

₴8508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
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.
₴2588
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
₴3376
₴22893
₴30400
-₴2132
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
pensions
-
-
-
1 231
income
-
-
-
15 033
other
-
-
-
110
health
-
-
-
645
accident
-
-
-
75
total
-
-
-
17 094
Employee
10 235
-
48 734
-
health
1 172
-
5 580
-
pensions
1 152
-
2 256
-
income
1 404
-
11 499
-
total
3 728
-
19 335
-
Employer
10 235
-
48 734
-
pensions
1 664
-
3 258
-
accident
171
-
814
-
unemployment
251
-
1 194
-
total
2 086
-
5 266
-
Corporate
41 680
54 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

37 512
48 600
-
-
total
37 512
48 600
-
-
Dividends
4 168
5 400
-
-
withholding
792
1 026
-
-
total
792
1 026
-
-
Income
54 000
54 000
54 000
54 000
Total tax
44 118
49 626
24 601
17 094
After tax
9 882
4 374
29 399
36 906
Living cost
6 506
6 506
6 506
6 506
Free-cash
3 376
-2 132
22 893
30 400

Estimated living cost  is ₴6506 per week

₴4769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1242
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
₴20030
₴22522
₴16801
₴16052
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
trade
-
-
-
5 721
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.

-
-
-
16 742
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.

-
-
-
2 077
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.

-
-
-
921
total
-
-
-
25 461
Employee

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

15 127
-
54 000
-
health

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

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

2 077
-
2 077
-
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.

1 244
-
16 742
-
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
-
921
-
total
3 390
-
19 740
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 873
54 000
-
-
income
5 831
8 100
-
-
trade
5 578
7 749
-
-
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.

321
445
-
-
chamber of commerce
103
125
-
-
total
11 833
16 419
-
-
Dividends
27 040
37 580
-
-
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.

365
511
-
-
withholding
6 644
9 280
-
-
total
7 009
9 791
-
-
Income
54 000
54 000
54 000
54 000
Total tax
22 232
26 210
19 740
25 461
After tax
31 768
27 790
34 260
28 539
Living cost
11 738
11 738
11 738
11 738
Free-cash
20 030
16 052
22 522
16 801

Estimated living cost  is ₴11738 per week

₴8097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1263
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.
₴2207
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
₴34382
₴16395
₴12347
₴36875
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.

-
-
-
54 000
income
-
-
-
9 909
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.

-
-
-
11 649
surtax
-
-
-
13 770
total
-
-
-
35 328
Employee
8 884
-
40 785
-
income
1 581
-
8 165
-
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.

977
-
3 986
-
surtax
-
-
5 914
-
total
2 558
-
18 065
-
Employer
8 884
-
40 785
-
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.

2 140
-
8 729
-
surtax
-
-
4 486
-
total
2 140
-
13 215
-
Corporate
42 976
54 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

8 595
10 800
-
-
total
8 595
10 800
-
-
Dividends

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

34 381
43 200
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
13 293
10 800
31 280
35 328
After tax
40 707
43 200
22 720
18 672
Living cost
6 325
6 325
6 325
6 325
Free-cash
34 382
36 875
16 395
12 347

Estimated living cost  is ₴6325 per week

₴4035
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.
₴1544
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
₴29313
₴28859
₴29127
₴29932
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
income
-
-
-
16 374
health
-
-
-
1 990
pensions
-
-
-
2 745
total
-
-
-
21 109
Employee
5 733
-
50 911
-
health
287
-
686
-
unemployment
57
-
137
-
pensions
516
-
1 235
-
income
1 109
-
16 230
-
total
1 969
-
18 288
-
Employer
5 733
-
50 911
-
health
545
-
1 304
-
pensions
631
-
1 510
-
unemployment
115
-
275
-
total
1 291
-
3 089
-
Corporate
46 977
54 000
-
-
income
10 335
11 880
-
-
total
10 335
11 880
-
-
Dividends
36 642
42 120
-
-
withholding
7 328
8 424
-
-
total
7 328
8 424
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 923
20 304
21 377
21 109
After tax
33 077
33 696
32 623
32 891
Living cost
3 764
3 764
3 764
3 764
Free-cash
29 313
29 932
28 859
29 127

Estimated living cost  is ₴3764 per week

₴2237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴86
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.
₴1136
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
₴26170
₴16862
₴18719
₴27137
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
pensions
-
-
-
8 115
unemployment
-
-
-
69
income
-
-
-
15 051
other
-
-
-
-
health
-
-
-
2 881
surtax
-
-
-
2 336
total
-
-
-
28 452
Employee
10 239
-
45 459
-
health
261
-
1 034
-
unemployment
713
-
2 824
-
pensions
683
-
2 706
-
income
1 716
-
13 232
-
other
-
-
-
-
surtax
36
-
1 972
-
total
3 409
-
21 768
-
Employer
10 239
-
45 459
-
health
466
-
1 846
-
pensions
1 365
-
5 409
-
unemployment
325
-
1 286
-
other
-
-
-
-
total
2 156
-
8 541
-
Corporate
41 606
54 000
-
-
income
10 817
14 040
-
-
total
10 817
14 040
-
-
Dividends
30 788
39 960
-
-
withholding
4 619
5 994
-
-
total
4 619
5 994
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 001
20 034
30 309
28 452
After tax
32 999
33 966
23 691
25 548
Living cost
6 829
6 829
6 829
6 829
Free-cash
26 170
27 137
16 862
18 719

Estimated living cost  is ₴6829 per week

₴4123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1954
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
₴20054
₴4623
₴18076
₴20209
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
pensions
-
-
-
6 571
chamber of commerce
-
-
-
216
unemployment
-
-
-
1 865
income
-
- <