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
₴ 54500
per

Your estimated
City
free-cash

Andorra , Andorra
₴29959
₴37488
₴31407
₴38650
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
-
-
-
54 500
social contributions
-
-
-
11 990
income
-
-
-
2 150
total
-
-
-
14 140
Employee
11 123
-
47 186
-
social contributions
723
-
3 067
-
income
-
-
2 311
-
total
723
-
5 378
-
Employer
11 123
-
47 186
-
social contributions
1 724
-
7 314
-
total
1 724
-
7 314
-
Corporate
41 652
54 500
-
-
income
4 165
5 450
-
-
total
4 165
5 450
-
-
Dividends
37 487
49 050
-
-
total
-
-
-
-
Income
54 500
54 500
54 500
54 500
Total tax
6 612
5 450
12 692
14 140
After tax
47 888
49 050
41 808
40 360
Living cost
10 400
10 400
10 400
10 400
Free-cash
37 488
38 650
31 407
29 959

Estimated living cost  is ₴10400 per week

₴6725
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.
₴2696
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
₴16983
₴19043
₴3271
₴19214
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
-
-
-
54 500
surtax
-
-
-
-
unemployment
-
-
-
2 122
health
-
-
-
3 092
chamber of commerce
-
-
-
218
pensions
-
-
-
7 478
income
-
-
-
13 568
total
-
-
-
26 478
Employee
15 124
13 788
42 701
-
unemployment
454
414
1 213
-
other
151
138
404
-
income
1 347
1 017
10 723
-
pensions
1 549
1 412
4 139
-
health
585
534
1 564
-
total
4 086
3 515
18 043
-
Employer
15 124
13 788
42 701
-
pensions
1 898
1 731
5 073
-
surtax
-
-
-
-
payroll
454
414
1 281
-
other
718
655
2 009
-
health
572
521
1 528
-
accident
196
179
525
-
unemployment
454
414
1 213
-
chamber of commerce
60
55
171
-
total
4 352
3 969
11 800
-
Corporate
35 023
36 743
41 388
-
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.

8 756
9 186
10 347
-
total
8 756
9 186
10 347
-
Dividends
26 267
27 557
-
-
withholding
7 224
7 578
-
-
total
7 224
7 578
-
-
Income
54 500
54 500
54 500
54 500
Total tax
24 418
24 248
40 190
26 478
After tax
30 082
30 252
14 310
28 022
Living cost
11 038
11 038
11 038
11 038
Free-cash
19 043
19 214
3 271
16 983

Estimated living cost  is ₴11038 per week

₴6622
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.
₴3093
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
₴15762
₴17489
₴2096
₴18023
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
-
-
-
54 500
surtax
-
-
-
68
unemployment
-
-
-
2 122
health
-
-
-
3 092
chamber of commerce
-
-
-
218
pensions
-
-
-
7 478
income
-
-
-
13 568
total
-
-
-
26 546
Employee
17 291
13 788
42 637
-
unemployment
519
414
1 213
-
other
173
138
404
-
income
1 968
1 017
10 697
-
pensions
1 771
1 412
4 139
-
health
669
534
1 564
-
total
5 100
3 515
18 017
-
Employer
17 291
13 788
42 637
-
pensions
2 170
1 731
5 073
-
surtax
68
68
68
-
payroll
519
414
1 279
-
other
821
655
2 007
-
health
653
521
1 528
-
accident
225
179
525
-
unemployment
519
414
1 213
-
chamber of commerce
69
55
171
-
total
5 044
4 037
11 864
-
Corporate
32 165
36 675
41 324
-
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.

8 041
9 169
10 331
-
total
8 041
9 169
10 331
-
Dividends
24 123
27 506
-
-
withholding
6 634
7 564
-
-
total
6 634
7 564
-
-
Income
54 500
54 500
54 500
54 500
Total tax
24 819
24 285
40 212
26 546
After tax
29 681
30 215
14 288
27 954
Living cost
12 192
12 192
12 192
12 192
Free-cash
17 489
18 023
2 096
15 762

Estimated living cost  is ₴12192 per week

₴8131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1040
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.
₴2820
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
₴11036
₴12690
₴6931
₴17879
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
-
-
-
54 500
national
-
-
-
19 610
communal

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

-
-
-
2 762
social contributions
-
-
-
8 477
total
-
-
-
30 849
Employee

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

24 749
-
42 212
-
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
-
367
-
national
7 609
-
14 946
-
communal

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

1 291
-
2 202
-
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.

1 856
-
3 166
-
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.

1 163
-
1 984
-
total
12 134
-
22 665
-
Employer

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

24 749
-
42 212
-
surtax
2 806
-
4 787
-
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.

2 193
-
3 740
-
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.

1 522
-
2 596
-
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
-
549
-
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
-
617
-
total
7 204
-
12 289
-
Corporate
22 547
54 500
-
-
income
4 509
10 900
-
-
surtax
90
218
-
-
total
4 599
11 118
-
-
Dividends
17 947
43 382
-
-
withholding

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

5 258
12 888
-
-
total
5 258
12 888
-
-
Income
54 500
54 500
54 500
54 500
Total tax
29 195
24 006
34 954
30 849
After tax
25 305
30 494
19 546
23 651
Living cost
12 615
12 615
12 615
12 615
Free-cash
12 690
17 879
6 931
11 036

Estimated living cost  is ₴12615 per week

₴8126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1103
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.
₴3189
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
₴37146
₴38537
₴39213
₴40646
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
-
-
-
54 500
unemployment
-
-
-
48
health
-
-
-
1 390
pensions

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

-
-
-
1 789
income
-
-
-
8 175
total
-
-
-
11 402
Employee
7 881
-
52 129
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
income
788
-
5 213
-
pensions

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

692
-
1 061
-
health
363
-
556
-
total
1 930
-
6 963
-
Employer
7 881
-
52 129
-
pensions

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

868
-
1 332
-
health
544
-
834
-
accident

We are using the highest rate at 1.1%.

87
-
133
-
unemployment
47
-
73
-
total
1 546
-
2 372
-
Corporate
45 072
54 500
-
-
income
4 507
5 450
-
-
total
4 507
5 450
-
-
Dividends
40 565
49 050
-
-
withholding
2 028
2 452
-
-
total
2 028
2 452
-
-
Income
54 500
54 500
54 500
54 500
Total tax
10 011
7 902
9 335
11 402
After tax
44 489
46 598
45 165
43 098
Living cost
5 952
5 952
5 952
5 952
Free-cash
38 537
40 646
39 213
37 146

Estimated living cost  is ₴5952 per week

₴3937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴341
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.
₴1533
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
₴38562
₴40454
₴40629
₴42062
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
-
-
-
54 500
unemployment
-
-
-
48
health
-
-
-
1 390
pensions

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

-
-
-
1 789
income
-
-
-
8 175
total
-
-
-
11 402
Employee
6 007
-
52 129
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
income
601
-
5 213
-
pensions

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

527
-
1 061
-
health
276
-
556
-
total
1 470
-
6 963
-
Employer
6 007
-
52 129
-
pensions

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

662
-
1 332
-
health
415
-
834
-
accident

We are using the highest rate at 1.1%.

66
-
133
-
unemployment
36
-
73
-
total
1 179
-
2 372
-
Corporate
47 314
54 500
-
-
income
4 732
5 450
-
-
total
4 732
5 450
-
-
Dividends
42 583
49 050
-
-
withholding
2 129
2 452
-
-
total
2 129
2 452
-
-
Income
54 500
54 500
54 500
54 500
Total tax
9 510
7 902
9 335
11 402
After tax
44 990
46 598
45 165
43 098
Living cost
4 536
4 536
4 536
4 536
Free-cash
40 454
42 062
40 629
38 562

Estimated living cost  is ₴4536 per week

₴2648
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.
₴1444
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
₴29563
₴29885
₴29066
₴31769
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
-
-
-
54 500
health
-
-
-
1 390
social contributions
-
-
-
5 598
income
-
-
-
9 938
total
-
-
-
16 926
Employee
26 605
26 605
50 586
-
income
2 897
2 463
9 671
-
social contributions
1 006
2 208
2 978
-
health
206
452
860
-
total
4 109
5 123
13 509
-
Employer
26 605
26 605
50 586
-
social contributions
1 006
2 208
2 978
-
health
224
492
936
-
total
1 230
2 700
3 914
-
Corporate
41 150
25 194
-
-
income
5 144
3 149
-
-
total
5 144
3 149
-
-
Dividends
36 007
22 045
-
-
withholding
6 121
3 748
-
-
total
6 121
3 748
-
-
Income
54 500
54 500
54 500
54 500
Total tax
16 604
14 720
17 423
16 926
After tax
37 896
39 780
37 077
37 574
Living cost
8 011
8 011
8 011
8 011
Free-cash
29 885
31 769
29 066
29 563

Estimated living cost  is ₴8011 per week

₴4801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴786
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.
₴2247
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
₴26352
₴27122
₴25855
₴28558
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
-
-
-
54 500
health
-
-
-
1 390
social contributions
-
-
-
5 598
income
-
-
-
9 938
total
-
-
-
16 926
Employee
26 605
26 605
50 586
-
income
2 794
2 463
9 671
-
social contributions
1 293
2 208
2 978
-
health
265
452
860
-
total
4 352
5 123
13 509
-
Employer
26 605
26 605
50 586
-
social contributions
1 293
2 208
2 978
-
health
288
492
936
-
total
1 581
2 700
3 914
-
Corporate
37 345
25 194
-
-
income
4 668
3 149
-
-
total
4 668
3 149
-
-
Dividends
32 677
22 045
-
-
withholding
5 555
3 748
-
-
total
5 555
3 748
-
-
Income
54 500
54 500
54 500
54 500
Total tax
16 156
14 720
17 423
16 926
After tax
38 344
39 780
37 077
37 574
Living cost
11 222
11 222
11 222
11 222
Free-cash
27 122
28 558
25 855
26 352

Estimated living cost  is ₴11222 per week

₴7672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴877
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.
₴2486
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
₴22301
₴26678
₴19951
₴29530
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
-
-
-
54 500
health
-
-
-
7 358
social contributions
-
-
-
11 502
income
-
-
-
5 346
solidarity contribution
-
-
-
-
total
-
-
-
24 206
Employee
11 755
-
40 966
-
income
1 411
-
4 931
-
social contributions
764
-
2 560
-
health
1 587
-
5 530
-
solidarity contribution
-
-
-
-
total
3 762
-
13 021
-
Employer
11 755
-
40 966
-
social contributions
2 939
-
9 848
-
health
1 058
-
3 687
-
total
3 997
-
13 535
-
Corporate
38 749
54 500
-
-
income
7 362
10 355
-
-
total
7 362
10 355
-
-
Dividends
31 386
44 145
-
-
withholding
4 708
6 622
-
-
total
4 708
6 622
-
-
Income
54 500
54 500
54 500
54 500
Total tax
19 829
16 977
26 556
24 206
After tax
34 671
37 523
27 944
30 294
Living cost
7 993
7 993
7 993
7 993
Free-cash
26 678
29 530
19 951
22 301

Estimated living cost  is ₴7993 per week

₴5552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
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
₴20444
₴24160
₴18094
₴27673
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
-
-
-
54 500
health
-
-
-
7 358
social contributions
-
-
-
11 502
income
-
-
-
5 346
solidarity contribution
-
-
-
-
total
-
-
-
24 206
Employee
14 485
-
40 966
-
income
1 738
-
4 931
-
social contributions
942
-
2 560
-
health
1 955
-
5 530
-
solidarity contribution
-
-
-
-
total
4 635
-
13 021
-
Employer
14 485
-
40 966
-
social contributions
3 621
-
9 848
-
health
1 304
-
3 687
-
total
4 925
-
13 535
-
Corporate
35 090
54 500
-
-
income
6 667
10 355
-
-
total
6 667
10 355
-
-
Dividends
28 423
44 145
-
-
withholding
4 263
6 622
-
-
total
4 263
6 622
-
-
Income
54 500
54 500
54 500
54 500
Total tax
20 490
16 977
26 556
24 206
After tax
34 010
37 523
27 944
30 294
Living cost
9 850
9 850
9 850
9 850
Free-cash
24 160
27 673
18 094
20 444

Estimated living cost  is ₴9850 per week

₴7325
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.
₴1809
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
₴15813
-₴21108
-₴21108
-₴21108
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
-
-
-
54 500
national
-
-
-
6 182
pensions
-
-
-
301
municipal
-
-
-
11 156
labour market
-
-
-
4 336
total
-
-
-
21 975
Employee
70 538
70 538
70 538
-
municipal
15 021
15 021
15 021
-
national
8 618
8 618
8 618
-
pensions
100
100
100
-
labour market
5 635
5 635
5 635
-
total
29 374
29 374
29 374
-
Employer
70 538
70 538
70 538
-
pensions
201
201
201
-
labour market
5 643
5 643
5 643
-
municipal
15 045
15 045
15 045
-
national
8 633
8 633
8 633
-
total
29 522
29 522
29 522
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
54 500
54 500
54 500
54 500
Total tax
58 896
58 896
58 896
21 975
After tax
-4 396
-4 396
-4 396
32 525
Living cost
16 712
16 712
16 712
16 712
Free-cash
-21 108
-21 108
-21 108
15 813

Estimated living cost  is ₴16712 per week

₴11438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1478
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.
₴3539
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
₴20855
₴33094
₴23056
₴35243
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
-
-
-
54 500
health
-
-
-
7 085
pensions
-
-
-
10 900
income
-
-
-
7 303
total
-
-
-
25 288
Employee
9 815
-
40 733
-
unemployment
157
-
652
-
income
1 105
-
7 853
-
pensions
196
-
815
-
total
1 458
-
9 320
-
Employer
9 815
-
40 733
-
pensions
1 963
-
8 146
-
health
1 276
-
5 295
-
unemployment
79
-
326
-
total
3 318
-
13 767
-
Corporate
41 367
54 500
-
-
income
8 273
10 900
-
-
total
8 273
10 900
-
-
Dividends
33 094
43 600
-
-
total
-
-
-
-
Income
54 500
54 500
54 500
54 500
Total tax
13 049
10 900
23 087
25 288
After tax
41 451
43 600
31 413
29 212
Living cost
8 357
8 357
8 357
8 357
Free-cash
33 094
35 243
23 056
20 855

Estimated living cost  is ₴8357 per week

₴5732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴498
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.
₴1959
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
₴22804
₴21983
₴15716
₴21267
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

-
-
-
54 500
national
-
-
-
8 032
health
-
-
-
695
municipal
-
-
-
9 685
total
-
-
-
18 412
Employee
18 204
-
45 848
-
unemployment
273
-
687
-
municipal
2 982
-
7 471
-
national
301
-
5 034
-
pensions
1 228
-
3 095
-
health
136
-
561
-
total
4 920
-
16 848
-
Employer
18 204
-
45 848
-
pensions
3 158
-
7 955
-
health
140
-
353
-
accident
18
-
46
-
unemployment
118
-
298
-
total
3 434
-
8 652
-
Corporate
32 862
54 500
-
-
income
6 572
10 900
-
-
total
6 572
10 900
-
-
Dividends

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

19 717
32 700
-
-
municipal
3 549
5 886
-
-
national
758
3 163
-
-
total
4 307
9 049
-
-
Income
54 500
54 500
54 500
54 500
Total tax
19 233
19 949
25 500
18 412
After tax
35 267
34 551
29 000
36 088
Living cost
13 284
13 284
13 284
13 284
Free-cash
21 983
21 267
15 716
22 804

Estimated living cost  is ₴13284 per week

₴8677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1278
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.
₴3118
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
₴20152
₴18726
₴20004
₴16803
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
-
-
-
54 500
surtax
-
-
-
-
health
-
-
-
2 104
pensions
-
-
-
10 332
social contributions
-
-
-
1 553
income
-
-
-
8 005
other
-
-
-
1 689
total
-
-
-
23 683
Employee
13 218
-
42 591
-
income
682
-
7 917
-
surtax
-
-
-
-
social contributions
377
-
1 214
-
pensions
1 495
-
2 791
-
total
2 554
-
11 922
-
Employer
13 218
-
42 591
-
pensions
2 172
-
4 728
-
social contributions
39
-
128
-
other
456
-
1 589
-
health
925
-
3 739
-
unemployment
535
-
1 725
-
total
4 127
-
11 909
-
Corporate
37 154
54 500
-
-
income
10 403
15 260
-
-
surtax
-
-
-
-
total
10 403
15 260
-
-
Dividends
26 751
39 240
-
-
withholding
3 424
5 023
-
-
social contributions
4 601
6 749
-
-
surtax
-
-
-
-
total
8 025
11 772
-
-
Income
54 500
54 500
54 500
54 500
Total tax
25 109
27 032
23 831
23 683
After tax
29 391
27 468
30 669
30 817
Living cost
10 665
10 665
10 665
10 665
Free-cash
18 726
16 803
20 004
20 152

Estimated living cost  is ₴10665 per week

₴6185
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.
₴3194
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
₴18979
₴17673
₴18831
₴15630
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
-
-
-
54 500
surtax
-
-
-
-
health
-
-
-
2 104
pensions
-
-
-
10 332
social contributions
-
-
-
1 553
income
-
-
-
8 005
other
-
-
-
1 689
total
-
-
-
23 683
Employee
14 808
-
42 591
-
income
874
-
7 917
-
surtax
-
-
-
-
social contributions
422
-
1 214
-
pensions
1 674
-
2 791
-
total
2 970
-
11 922
-
Employer
14 808
-
42 591
-
pensions
2 433
-
4 728
-
social contributions
45
-
128
-
other
511
-
1 589
-
health
1 037
-
3 739
-
unemployment
599
-
1 725
-
total
4 625
-
11 909
-
Corporate
35 068
54 500
-
-
income
9 819
15 260
-
-
surtax
-
-
-
-
total
9 819
15 260
-
-
Dividends
25 249
39 240
-
-
withholding
3 232
5 023
-
-
social contributions
4 343
6 749
-
-
surtax
-
-
-
-
total
7 575
11 772
-
-
Income
54 500
54 500
54 500
54 500
Total tax
24 989
27 032
23 831
23 683
After tax
29 511
27 468
30 669
30 817
Living cost
11 838
11 838
11 838
11 838
Free-cash
17 673
15 630
18 831
18 979

Estimated living cost  is ₴11838 per week

₴7464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴963
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.
₴3210
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
₴14106
₴13135
₴13958
₴10757
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
-
-
-
54 500
surtax
-
-
-
-
health
-
-
-
2 104
pensions
-
-
-
10 332
social contributions
-
-
-
1 553
income
-
-
-
8 005
other
-
-
-
1 689
total
-
-
-
23 683
Employee
21 670
-
42 591
-
income
1 891
-
7 917
-
surtax
-
-
-
-
social contributions
617
-
1 214
-
pensions
2 451
-
2 791
-
total
4 959
-
11 922
-
Employer
21 670
-
42 591
-
pensions
3 561
-
4 728
-
social contributions
65
-
128
-
other
748
-
1 589
-
health
1 517
-
3 739
-
unemployment
878
-
1 725
-
total
6 769
-
11 909
-
Corporate
26 061
54 500
-
-
income
7 297
15 260
-
-
surtax
-
-
-
-
total
7 297
15 260
-
-
Dividends
18 764
39 240
-
-
withholding
2 402
5 023
-
-
social contributions
3 227
6 749
-
-
surtax
-
-
-
-
total
5 629
11 772
-
-
Income
54 500
54 500
54 500
54 500
Total tax
24 654
27 032
23 831
23 683
After tax
29 846
27 468
30 669
30 817
Living cost
16 711
16 711
16 711
16 711
Free-cash
13 135
10 757
13 958
14 106

Estimated living cost  is ₴16711 per week

₴11310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
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.
₴3805
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
₴51728
₴49130
₴41373
₴49548
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%.

-
-
-
54 500
microenterprise

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

-
-
-
545
total
-
-
-
545
Employee
2 784
-
54 500
-
income
557
-
10 900
-
total
557
-
10 900
-
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%.

51 716
54 500
-
-
total
-
-
-
-
Dividends
51 716
54 500
-
-
withholding
2 586
2 725
-
-
total
2 586
2 725
-
-
Income
54 500
54 500
54 500
54 500
Total tax
3 143
2 725
10 900
545
After tax
51 357
51 775
43 600
53 955
Living cost
2 227
2 227
2 227
2 227
Free-cash
49 130
49 548
41 373
51 728

Estimated living cost  is ₴2227 per week

₴1380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
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.
₴601
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
₴50484
₴47654
₴40130
₴48304
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%.

-
-
-
54 500
microenterprise

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

-
-
-
545
total
-
-
-
545
Employee
4 338
-
54 500
-
income
868
-
10 900
-
total
868
-
10 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

50 162
54 500
-
-
total
-
-
-
-
Dividends
50 162
54 500
-
-
withholding
2 508
2 725
-
-
total
2 508
2 725
-
-
Income
54 500
54 500
54 500
54 500
Total tax
3 376
2 725
10 900
545
After tax
51 124
51 775
43 600
53 955
Living cost
3 470
3 470
3 470
3 470
Free-cash
47 654
48 304
40 130
50 484

Estimated living cost  is ₴3470 per week

₴2349
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.
₴116
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.
₴860
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
₴16247
₴19227
₴21759
₴14700
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.

-
-
-
54 500
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.

-
-
-
887
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.

-
-
-
2 364
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.

-
-
-
16 132
trade
-
-
-
5 512
total
-
-
-
24 895
Employee

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

17 215
-
54 500
-
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.

1 416
-
16 132
-
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.

78
-
887
-
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.

2 364
-
2 364
-
total
3 858
-
19 383
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 285
54 500
-
-
trade
5 351
7 821
-
-
income
5 593
8 175
-
-
chamber of commerce
107
133
-
-
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.

307
450
-
-
total
11 358
16 579
-
-
Dividends
25 927
37 922
-
-
withholding
6 350
9 349
-
-
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.

349
514
-
-
total
6 699
9 863
-
-
Income
54 500
54 500
54 500
54 500
Total tax
21 915
26 442
19 383
24 895
After tax
32 585
28 058
35 117
29 605
Living cost
13 358
13 358
13 358
13 358
Free-cash
19 227
14 700
21 759
16 247

Estimated living cost  is ₴13358 per week

₴9215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1437
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.
₴2512
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
₴18587
₴20844
₴24637
₴17017
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.

-
-
-
54 500
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.

-
-
-
887
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.

-
-
-
2 364
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.

-
-
-
16 132
trade
-
-
-
6 050
total
-
-
-
25 433
Employee

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

13 234
-
54 500
-
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.

370
-
16 132
-
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.

20
-
887
-
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.

2 364
-
2 364
-
total
2 754
-
19 383
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 266
54 500
-
-
trade
6 500
8 584
-
-
income
6 190
8 175
-
-
chamber of commerce
112
131
-
-
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.

340
450
-
-
total
13 142
17 340
-
-
Dividends
28 125
37 161
-
-
withholding
6 900
9 159
-
-
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.

380
504
-
-
total
7 280
9 663
-
-
Income
54 500
54 500
54 500
54 500
Total tax
23 176
27 003
19 383
25 433
After tax
31 324
27 497
35 117
29 067
Living cost
10 480
10 480
10 480
10 480
Free-cash
20 844
17 017
24 637
18 587

Estimated living cost  is ₴10480 per week

₴6592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1222
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.
₴2470
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
₴15206
₴18486
₴21525
₴13626
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.

-
-
-
54 500
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.

-
-
-
887
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.

-
-
-
2 364
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.

-
-
-
16 132
trade
-
-
-
6 319
total
-
-
-
25 702
Employee

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

17 546
-
54 500
-
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.

1 508
-
16 132
-
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.

83
-
887
-
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.

2 364
-
2 364
-
total
3 955
-
19 383
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 954
54 500
-
-
trade
6 079
8 965
-
-
income
5 543
8 175
-
-
chamber of commerce
105
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.

305
450
-
-
total
12 032
17 720
-
-
Dividends
24 922
36 780
-
-
withholding
6 099
9 064
-
-
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.

336
498
-
-
total
6 435
9 562
-
-
Income
54 500
54 500
54 500
54 500
Total tax
22 422
27 282
19 383
25 702
After tax
32 078
27 218
35 117
28 798
Living cost
13 592
13 592
13 592
13 592
Free-cash
18 486
13 626
21 525
15 206

Estimated living cost  is ₴13592 per week

₴9091
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.
₴2865
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
₴12679
₴16697
₴19267
₴11088
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.

-
-
-
54 500
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.

-
-
-
887
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.

-
-
-
2 364
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.

-
-
-
16 132
trade
-
-
-
6 588
total
-
-
-
25 971
Employee

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

20 794
-
54 500
-
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.

2 445
-
16 132
-
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.

135
-
887
-
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.

2 364
-
2 364
-
total
4 944
-
19 383
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 706
54 500
-
-
trade
5 781
9 347
-
-
income
5 056
8 175
-
-
chamber of commerce
100
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.

278
450
-
-
total
11 215
18 101
-
-
Dividends
22 492
36 399
-
-
withholding
5 492
8 968
-
-
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.

302
493
-
-
total
5 794
9 461
-
-
Income
54 500
54 500
54 500
54 500
Total tax
21 953
27 562
19 383
25 971
After tax
32 547
26 938
35 117
28 529
Living cost
15 850
15 850
15 850
15 850
Free-cash
16 697
11 088
19 267
12 679

Estimated living cost  is ₴15850 per week

₴11576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1268
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.
₴2800
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
₴18093
₴25410
₴16115
₴26510
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
-
-
-
54 500
surtax
-
-
-
2 044
unemployment
-
-
-
79
health
-
-
-
3 278
pensions
-
-
-
9 236
income
-
-
-
13 999
other
-
-
-
-
total
-
-
-
28 636
Employee
11 652
-
45 022
-
unemployment
811
-
3 133
-
other
-
-
-
-
income
1 953
-
12 123
-
surtax
41
-
1 731
-
pensions
777
-
3 003
-
health
297
-
1 148
-
total
3 879
-
21 138
-
Employer
11 652
-
45 022
-
pensions
1 553
-
6 001
-
other
-
-
-
-
health
530
-
2 048
-
unemployment
370
-
1 427
-
total
2 453
-
9 476
-
Corporate
40 395
54 500
-
-
income
10 503
14 170
-
-
total
10 503
14 170
-
-
Dividends
29 892
40 330
-
-
withholding
4 484
6 049
-
-
total
4 484
6 049
-
-
Income
54 500
54 500
54 500
54 500
Total tax
21 319
20 219
30 614
28 636
After tax
33 181
34 281
23 886
25 864
Living cost
7 771
7 771
7 771
7 771
Free-cash
25 410
26 510
16 115
18 093

Estimated living cost  is ₴7771 per week

₴4692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
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.
₴2224
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
₴18229
₴25570
₴16251
₴26646
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
-
-
-
54 500
surtax
-
-
-
2 044
unemployment
-
-
-
79
health
-
-
-
3 278
pensions
-
-
-
9 236
income
-
-
-
13 999
other
-
-
-
-
total
-
-
-
28 636
Employee
11 442
-
45 022
-
unemployment
796
-
3 133
-
other
-
-
-
-
income
1 918
-
12 123
-
surtax
37
-
1 731
-
pensions
763
-
3 003
-
health
292
-
1 148
-
total
3 806
-
21 138
-
Employer
11 442
-
45 022
-
pensions
1 525
-
6 001
-
other
-
-
-
-
health
521
-
2 048
-
unemployment
362
-
1 427
-
total
2 408
-
9 476
-
Corporate
40 650
54 500
-
-
income
10 569
14 170
-
-
total
10 569
14 170
-
-
Dividends
30 081
40 330
-
-
withholding
4 512
6 049
-
-
total
4 512
6 049
-
-
Income
54 500
54 500
54 500
54 500
Total tax
21 295
20 219
30 614
28 636
After tax
33 205
34 281
23 886
25 864
Living cost
7 635
7 635
7 635
7 635
Free-cash
25 570
26 646
16 251
18 229

Estimated living cost  is ₴7635 per week

₴4668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴705
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.
₴2086
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
₴30846
₴23877
₴24686
₴23732
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
-
-
-
54 500
unemployment
-
-
-
817
health
-
-
-
3 815
pensions
-
-
-
5 450
income
-
-
-
6 663
total
-
-
-
16 745
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.

9 974
3 969
45 607
-
unemployment
150
60
684
-
income
1 219
485
5 575
-
pensions
997
397
4 561
-
health
698
278
3 192
-
total
3 064
1 220
14 012
-
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.

9 974
3 969
45 607
-
pensions
1 945
774
8 893
-
total
1 945
774
8 893
-
Corporate
42 581
49 757
-
-
income
3 832
4 478
-
-
total
3 832
4 478
-
-
Dividends
38 749
45 278
-
-
withholding
7 362
8 603
-
-
social contributions
7 511
8 784
-
-
total
14 873
17 387
-
-
Income
54 500
54 500
54 500
54 500
Total tax
23 714
23 859
22 905
16 745
After tax
30 786
30 641
31 595
37 755
Living cost
6 909
6 909
6 909
6 909
Free-cash
23 877
23 732
24 686
30 846

Estimated living cost  is ₴6909 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴565
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.
₴1491
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
₴15475
₴16986
₴15903
₴17264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 500
national
-
-
-
9 211
pensions
-
-
-
6 540
social contributions
-
-
-
586
municipal
-
-
-
5 944
total
-
-
-
22 281
Employee
25 956
-
47 115
-
municipal
3 206
-
6 155
-
national
4 968
-
9 538
-
pensions
1 038
-
1 885
-
total
9 212
-
17 578
-
Employer
25 956
-
47 115
-
pensions
2 076
-
3 769
-
social contributions
279
-
506
-
total
2 355
-
4 275
-
Corporate
24 475
54 500
-
-
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%.

4 895
10 900
-
-
total
4 895
10 900
-
-
Dividends
19 580
43 600
-
-
withholding
4 308
9 592
-
-
total
4 308
9 592
-
-
Income
54 500
54 500
54 500
54 500
Total tax
20 770
20 492
21 853
22 281
After tax
33 730
34 008
32 647
32 219
Living cost
16 744
16 744
16 744
16 744
Free-cash
16 986
17 264
15 903
15 475

Estimated living cost  is ₴16744 per week

₴11381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3556
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
₴9767
₴19206
₴9767
₴18440
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
-
-
-
54 500
social contributions
-
-
-
8 943
income
-
-
-
16 081
total
-
-
-
25 024
Employee
27 065
-
54 500
-
social contributions
2 248
-
8 943
-
income
5 107
-
16 081
-
total
7 355
-
25 024
-
Employer
27 065
-
54 500
-
total
-
-
-
-
Corporate
27 435
54 500
-
-
income
3 429
6 813
-
-
total
3 429
6 813
-
-
Dividends
24 006
47 687
-
-
withholding
4 801
9 538
-
-
total
4 801
9 538
-
-
Income
54 500
54 500
54 500
54 500
Total tax
15 585
16 351
25 024
25 024
After tax
38 915
38 149
29 476
29 476
Living cost
19 709
19 709
19 709
19 709
Free-cash
19 206
18 440
9 767
9 767

Estimated living cost  is ₴19709 per week

₴14995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1606
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.
₴2921
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
₴11824
₴12672
₴9363
₴14478
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
-
-
-
54 500
national
-
-
-
13 098
regional
-
-
-
636
social contributions
-
-
-
14 018
municipal
-
-
-
324
total
-
-
-
28 076
Employee
30 750
-
54 500
-
municipal
163
-
289
-
national
5 328
-
11 310
-
social contributions
10 369
-
18 377
-
regional
290
-
561
-
total
16 150
-
30 537
-
Employer
30 750
-
54 500
-
total
-
-
-
-
Corporate
23 750
54 500
-
-
nationa
5 700
13 080
-
-
municipal
926
2 125
-
-
total
6 626
15 205
-
-
Dividends
17 124
39 295
-
-
withholding
4 452
10 217
-
-
total
4 452
10 217
-
-
Income
54 500
54 500
54 500
54 500
Total tax
27 228
25 422
30 537
28 076
After tax
27 272
29 078
23 963
26 424
Living cost
14 600
14 600
14 600
14 600
Free-cash
12 672
14 478
9 363
11 824

Estimated living cost  is ₴14600 per week

₴10177
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.
₴3241
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
₴16918
₴18558
₴14471
₴19327
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
-
-
-
54 500
national
-
-
-
13 098
regional
-
-
-
822
social contributions
-
-
-
14 018
municipal
-
-
-
324
total
-
-
-
28 262
Employee
19 193
-
54 500
-
municipal
102
-
289
-
national
3 041
-
11 310
-
social contributions
6 472
-
18 377
-
regional
258
-
733
-
total
9 873
-
30 709
-
Employer
19 193
-
54 500
-
total
-
-
-
-
Corporate
35 307
54 500
-
-
nationa
8 474
13 080
-
-
municipal
1 755
2 708
-
-
total