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
₴ 5500
per

Your estimated
City
free-cash

Andorra , Andorra
-₴6161
-₴7410
-₴5999
-₴5501
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
-
-
-
5 500
social contributions
-
-
-
1 210
income
-
-
-
-
total
-
-
-
1 210
Employee
11 178
-
4 762
-
social contributions
726
-
310
-
income
-
-
-
-
total
726
-
310
-
Employer
11 178
-
4 762
-
social contributions
1 733
-
738
-
total
1 733
-
738
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 459
550
1 048
1 210
After tax
3 041
4 950
4 452
4 290
Living cost
10 451
10 451
10 451
10 451
Free-cash
-7 410
-5 501
-5 999
-6 161

Estimated living cost  is ₴10451 per week

₴6758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
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.
₴2709
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.

Source of data for Andorra model

Close
Graz , Austria
-₴9184
-₴14402
-₴10274
-₴13442
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
-
-
-
5 500
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
421
chamber of commerce
-
-
-
22
pensions
-
-
-
1 017
income
-
-
-
-
total
-
-
-
3 592
Employee
15 198
13 856
13 856
-
unemployment
456
416
111
-
other
152
139
37
-
income
1 354
1 022
1 613
-
pensions
1 556
1 419
378
-
health
588
536
143
-
total
4 106
3 532
2 282
-
Employer
15 198
13 856
13 856
-
pensions
1 907
1 739
464
-
surtax
-
-
-
-
payroll
456
416
416
-
other
722
658
572
-
health
575
524
140
-
accident
197
180
48
-
unemployment
456
416
111
-
chamber of commerce
61
55
55
-
total
4 374
3 988
1 806
-
Corporate
1 320
1 320
2 375
-
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.

330
330
594
-
total
330
330
594
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
8 810
7 850
4 682
3 592
After tax
-3 310
-2 350
818
1 908
Living cost
11 092
11 092
11 092
11 092
Free-cash
-14 402
-13 442
-10 274
-9 184

Estimated living cost  is ₴11092 per week

₴6654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1133
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.
₴3108
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.

Source of data for Graz model

Close
Vienna , Austria
-₴10412
-₴17273
-₴11469
-₴14670
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
-
-
-
5 500
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
421
chamber of commerce
-
-
-
22
pensions
-
-
-
1 017
income
-
-
-
-
total
-
-
-
3 661
Employee
17 376
13 856
13 856
-
unemployment
521
416
109
-
other
174
139
36
-
income
1 978
1 022
1 617
-
pensions
1 779
1 419
373
-
health
672
536
141
-
total
5 124
3 532
2 276
-
Employer
17 376
13 856
13 856
-
pensions
2 181
1 739
457
-
surtax
69
69
69
-
payroll
521
416
416
-
other
825
658
571
-
health
656
524
137
-
accident
226
180
48
-
unemployment
521
416
109
-
chamber of commerce
69
55
55
-
total
5 068
4 057
1 862
-
Corporate
1 320
1 320
2 319
-
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.

330
330
580
-
total
330
330
580
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
10 522
7 919
4 718
3 661
After tax
-5 022
-2 419
782
1 839
Living cost
12 251
12 251
12 251
12 251
Free-cash
-17 273
-14 670
-11 469
-10 412

Estimated living cost  is ₴12251 per week

₴8171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1045
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.
₴2834
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.

Source of data for Vienna model

Close
Brussels , Belgium
-₴10146
-₴26608
-₴10120
-₴9486
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
-
-
-
5 500
national
-
-
-
916
communal

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

-
-
-
220
social contributions
-
-
-
1 833
total
-
-
-
2 969
Employee

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

24 870
-
4 260
-
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.

216
-
37
-
national
7 646
-
926
-
communal

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

1 297
-
222
-
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.

1 865
-
319
-
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.

1 168
-
200
-
total
12 192
-
1 704
-
Employer

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

24 870
-
4 260
-
surtax
2 820
-
483
-
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.

2 204
-
377
-
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.

1 529
-
262
-
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.

323
-
55
-
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.

363
-
62
-
total
7 239
-
1 239
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
surtax
-
22
-
-
total
-
1 122
-
-
Dividends
-
4 378
-
-
withholding

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

-
1 187
-
-
total
-
1 187
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 431
2 309
2 943
2 969
After tax
-13 931
3 191
2 557
2 531
Living cost
12 677
12 677
12 677
12 677
Free-cash
-26 608
-9 486
-10 120
-10 146

Estimated living cost  is ₴12677 per week

₴8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3205
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

Source of data for Brussels model

Close
Sofia , Bulgaria
-₴2776
-₴3975
-₴2512
-₴1280
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
-
-
-
5 500
unemployment
-
-
-
22
health
-
-
-
633
pensions

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

-
-
-
814
income
-
-
-
825
total
-
-
-
2 294
Employee
7 921
-
4 598
-
accident

We are using the highest rate at 1.1%.

87
-
51
-
income
792
-
460
-
pensions

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

695
-
404
-
health
364
-
212
-
total
1 938
-
1 127
-
Employer
7 921
-
4 598
-
pensions

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

873
-
507
-
health
547
-
317
-
accident

We are using the highest rate at 1.1%.

87
-
51
-
unemployment
48
-
28
-
total
1 555
-
903
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
248
-
-
total
-
248
-
-
Income
5 500
5 500
5 500
5 500
Total tax
3 493
798
2 030
2 294
After tax
2 007
4 702
3 470
3 206
Living cost
5 982
5 982
5 982
5 982
Free-cash
-3 975
-1 280
-2 512
-2 776

Estimated living cost  is ₴5982 per week

₴3956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴143
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.
₴1541
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

Source of data for Sofia model

Close
Varna , Bulgaria
-₴1353
-₴1721
-₴1089
₴143
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
-
-
-
5 500
unemployment
-
-
-
22
health
-
-
-
633
pensions

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

-
-
-
814
income
-
-
-
825
total
-
-
-
2 294
Employee
6 037
-
4 598
-
accident

We are using the highest rate at 1.1%.

66
-
51
-
income
604
-
460
-
pensions

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

530
-
404
-
health
278
-
212
-
total
1 478
-
1 127
-
Employer
6 037
-
4 598
-
pensions

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

665
-
507
-
health
417
-
317
-
accident

We are using the highest rate at 1.1%.

66
-
51
-
unemployment
36
-
28
-
total
1 184
-
903
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
248
-
-
total
-
248
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 662
798
2 030
2 294
After tax
2 838
4 702
3 470
3 206
Living cost
4 559
4 559
4 559
4 559
Free-cash
-1 721
143
-1 089
-1 353

Estimated living cost  is ₴4559 per week

₴2662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
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.
₴1451
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

Source of data for Varna model

Close
Larnaca , Cyprus
-₴4949
-₴7915
-₴7372
-₴10413
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
-
-
-
13 217
health
-
-
-
337
social contributions
-
-
-
2 062
income
-
-
-
-
total
-
-
-
2 399
Employee
26 735
26 735
26 735
-
income
2 911
2 475
3 006
-
social contributions
1 011
2 219
748
-
health
207
455
153
-
total
4 129
5 149
3 907
-
Employer
26 735
26 735
26 735
-
social contributions
1 011
2 219
748
-
health
225
495
167
-
total
1 236
2 714
915
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
5 365
7 863
4 822
2 399
After tax
135
-2 363
678
3 101
Living cost
8 050
8 050
8 050
8 050
Free-cash
-7 915
-10 413
-7 372
-4 949

Estimated living cost  is ₴8050 per week

₴4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
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.
₴2258
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

Source of data for Larnaca model

Close
Limassol , Cyprus
-₴8176
-₴11738
-₴10599
-₴13640
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
-
-
-
13 217
health
-
-
-
337
social contributions
-
-
-
2 062
income
-
-
-
-
total
-
-
-
2 399
Employee
26 735
26 735
26 735
-
income
2 807
2 475
3 006
-
social contributions
1 299
2 219
748
-
health
266
455
153
-
total
4 372
5 149
3 907
-
Employer
26 735
26 735
26 735
-
social contributions
1 299
2 219
748
-
health
290
495
167
-
total
1 589
2 714
915
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
5 961
7 863
4 822
2 399
After tax
-461
-2 363
678
3 101
Living cost
11 277
11 277
11 277
11 277
Free-cash
-11 738
-13 640
-10 599
-8 176

Estimated living cost  is ₴11277 per week

₴7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2498
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

Source of data for Limassol model

Close
Brno , Czech Republic
-₴5363
-₴10345
-₴5250
-₴4254
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
-
-
-
5 500
health
-
-
-
743
social contributions
-
-
-
1 606
income
-
-
-
473
solidarity contribution
-
-
-
-
total
-
-
-
2 822
Employee
11 826
-
4 104
-
income
1 419
-
493
-
social contributions
769
-
267
-
health
1 596
-
554
-
solidarity contribution
-
-
-
-
total
3 784
-
1 314
-
Employer
11 826
-
4 104
-
social contributions
2 956
-
1 026
-
health
1 064
-
369
-
total
4 020
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 804
1 713
2 709
2 822
After tax
-2 304
3 787
2 791
2 678
Living cost
8 041
8 041
8 041
8 041
Free-cash
-10 345
-4 254
-5 250
-5 363

Estimated living cost  is ₴8041 per week

₴5586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴572
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.
₴1726
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

Source of data for Brno model

Close
Prague , Czech Republic
-₴7231
-₴14026
-₴7118
-₴6122
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
-
-
-
5 500
health
-
-
-
743
social contributions
-
-
-
1 606
income
-
-
-
473
solidarity contribution
-
-
-
-
total
-
-
-
2 822
Employee
14 572
-
4 104
-
income
1 749
-
493
-
social contributions
947
-
267
-
health
1 967
-
554
-
solidarity contribution
-
-
-
-
total
4 663
-
1 314
-
Employer
14 572
-
4 104
-
social contributions
3 643
-
1 026
-
health
1 311
-
369
-
total
4 954
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
9 617
1 713
2 709
2 822
After tax
-4 117
3 787
2 791
2 678
Living cost
9 909
9 909
9 909
9 909
Free-cash
-14 026
-6 122
-7 118
-7 231

Estimated living cost  is ₴9909 per week

₴7369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴171
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.
₴1820
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

Source of data for Prague model

Close
Copenhagen , Denmark
-₴12285
-₴70459
-₴70459
-₴70459
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
-
-
-
5 500
national
-
-
-
136
pensions
-
-
-
302
municipal
-
-
-
141
labour market
-
-
-
416
total
-
-
-
995
Employee
70 867
70 867
70 867
-
municipal
15 091
15 091
15 091
-
national
8 658
8 658
8 658
-
pensions
101
101
101
-
labour market
5 661
5 661
5 661
-
total
29 511
29 511
29 511
-
Employer
70 867
70 867
70 867
-
pensions
201
201
201
-
labour market
5 669
5 669
5 669
-
municipal
15 115
15 115
15 115
-
national
8 673
8 673
8 673
-
total
29 658
29 658
29 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
59 169
59 169
59 169
995
After tax
-53 669
-53 669
-53 669
4 505
Living cost
16 790
16 790
16 790
16 790
Free-cash
-70 459
-70 459
-70 459
-12 285

Estimated living cost  is ₴16790 per week

₴11491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3555
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

Source of data for Copenhagen model

Close
Tallinn , Estonia
-₴4713
-₴7697
-₴4436
-₴3998
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
-
-
-
5 500
health
-
-
-
715
pensions
-
-
-
1 100
income
-
-
-
-
total
-
-
-
1 815
Employee
9 863
-
4 110
-
unemployment
158
-
66
-
income
1 110
-
1
-
pensions
197
-
82
-
total
1 465
-
149
-
Employer
9 863
-
4 110
-
pensions
1 973
-
822
-
health
1 282
-
534
-
unemployment
79
-
33
-
total
3 334
-
1 389
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
4 400
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
4 799
1 100
1 538
1 815
After tax
701
4 400
3 962
3 685
Living cost
8 398
8 398
8 398
8 398
Free-cash
-7 697
-3 998
-4 436
-4 713

Estimated living cost  is ₴8398 per week

₴5760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴500
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.
₴1969
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

Source of data for Tallinn model

Close
Helsinki , Finland
-₴8838
-₴16243
-₴9867
-₴9542
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

-
-
-
5 500
national
-
-
-
-
health
-
-
-
-
municipal
-
-
-
990
total
-
-
-
990
Employee
18 292
-
4 626
-
unemployment
274
-
69
-
municipal
2 996
-
764
-
national
302
-
-
-
pensions
1 234
-
312
-
health
137
-
-
-
total
4 943
-
1 145
-
Employer
18 292
-
4 626
-
pensions
3 174
-
803
-
health
141
-
36
-
accident
18
-
5
-
unemployment
119
-
30
-
total
3 452
-
874
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends

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

-
3 300
-
-
municipal
-
594
-
-
national
-
-
-
-
total
-
594
-
-
Income
5 500
5 500
5 500
5 500
Total tax
8 395
1 694
2 019
990
After tax
-2 895
3 806
3 481
4 510
Living cost
13 348
13 348
13 348
13 348
Free-cash
-16 243
-9 542
-9 867
-8 838

Estimated living cost  is ₴13348 per week

₴8719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴3133
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.

Source of data for Helsinki model

Close
Marseille , France
-₴7615
-₴11933
-₴7120
-₴7945
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
-
-
-
5 500
surtax
-
-
-
-
health
-
-
-
92
pensions
-
-
-
1 979
social contributions
-
-
-
157
income
-
-
-
-
other
-
-
-
170
total
-
-
-
2 398
Employee
13 283
-
4 191
-
income
685
-
-
-
surtax
-
-
-
-
social contributions
379
-
119
-
pensions
1 502
-
474
-
total
2 566
-
593
-
Employer
13 283
-
4 191
-
pensions
2 183
-
689
-
social contributions
40
-
13
-
other
459
-
144
-
health
930
-
294
-
unemployment
538
-
170
-
total
4 150
-
1 310
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
withholding
-
507
-
-
social contributions
-
681
-
-
surtax
-
-
-
-
total
-
1 188
-
-
Income
5 500
5 500
5 500
5 500
Total tax
6 716
2 728
1 903
2 398
After tax
-1 216
2 772
3 597
3 102
Living cost
10 717
10 717
10 717
10 717
Free-cash
-11 933
-7 945
-7 120
-7 615

Estimated living cost  is ₴10717 per week

₴6215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1089
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.
₴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

Source of data for Marseille model

Close
Nice , France
-₴8793
-₴14026
-₴8298
-₴9123
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
-
-
-
5 500
surtax
-
-
-
-
health
-
-
-
92
pensions
-
-
-
1 979
social contributions
-
-
-
157
income
-
-
-
-
other
-
-
-
170
total
-
-
-
2 398
Employee
14 880
-
4 191
-
income
878
-
-
-
surtax
-
-
-
-
social contributions
424
-
119
-
pensions
1 682
-
474
-
total
2 984
-
593
-
Employer
14 880
-
4 191
-
pensions
2 445
-
689
-
social contributions
45
-
13
-
other
513
-
144
-
health
1 042
-
294
-
unemployment
602
-
170
-
total
4 647
-
1 310
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
withholding
-
507
-
-
social contributions
-
681
-
-
surtax
-
-
-
-
total
-
1 188
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 631
2 728
1 903
2 398
After tax
-2 131
2 772
3 597
3 102
Living cost
11 895
11 895
11 895
11 895
Free-cash
-14 026
-9 123
-8 298
-8 793

Estimated living cost  is ₴11895 per week

₴7501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
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.
₴3226
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

Source of data for Nice model

Close
Paris , France
-₴13691
-₴23077
-₴13196
-₴14021
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
-
-
-
5 500
surtax
-
-
-
-
health
-
-
-
92
pensions
-
-
-
1 979
social contributions
-
-
-
157
income
-
-
-
-
other
-
-
-
170
total
-
-
-
2 398
Employee
21 776
-
4 191
-
income
1 900
-
-
-
surtax
-
-
-
-
social contributions
620
-
119
-
pensions
2 463
-
474
-
total
4 983
-
593
-
Employer
21 776
-
4 191
-
pensions
3 578
-
689
-
social contributions
65
-
13
-
other
752
-
144
-
health
1 524
-
294
-
unemployment
882
-
170
-
total
6 801
-
1 310
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
withholding
-
507
-
-
social contributions
-
681
-
-
surtax
-
-
-
-
total
-
1 188
-
-
Income
5 500
5 500
5 500
5 500
Total tax
11 784
2 728
1 903
2 398
After tax
-6 284
2 772
3 597
3 102
Living cost
16 793
16 793
16 793
16 793
Free-cash
-23 077
-14 021
-13 196
-13 691

Estimated living cost  is ₴16793 per week

₴11365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴230
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.
₴3824
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

Source of data for Paris model

Close
Batumi , Georgia
₴3218
₴2580
₴2173
₴2998
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%.

-
-
-
5 500
microenterprise

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

-
-
-
55
total
-
-
-
55
Employee
2 784
-
5 500
-
income
557
-
1 100
-
total
557
-
1 100
-
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%.

2 716
5 500
-
-
total
-
-
-
-
Dividends
2 716
5 500
-
-
withholding
136
275
-
-
total
136
275
-
-
Income
5 500
5 500
5 500
5 500
Total tax
693
275
1 100
55
After tax
4 807
5 225
4 400
5 445
Living cost
2 227
2 227
2 227
2 227
Free-cash
2 580
2 998
2 173
3 218

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.

Source of data for Batumi model

Close
Tbilisi , Georgia
₴1974
₴1103
₴929
₴1754
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%.

-
-
-
5 500
microenterprise

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

-
-
-
55
total
-
-
-
55
Employee
4 339
-
5 500
-
income
868
-
1 100
-
total
868
-
1 100
-
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%.

1 161
5 500
-
-
total
-
-
-
-
Dividends
1 161
5 500
-
-
withholding
58
275
-
-
total
58
275
-
-
Income
5 500
5 500
5 500
5 500
Total tax
926
275
1 100
55
After tax
4 574
5 225
4 400
5 445
Living cost
3 471
3 471
3 471
3 471
Free-cash
1 103
1 754
929
1 974

Estimated living cost  is ₴3471 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.

Source of data for Tbilisi model

Close
Berlin , Germany
-₴10298
-₴11800
-₴10298
-₴10502
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.

-
-
-
5 500
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.

-
-
-
-
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.

-
-
-
2 375
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 375
Employee

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

17 299
-
5 500
-
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.

1 423
-
-
-
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.

79
-
-
-
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.

2 375
-
2 375
-
total
3 877
-
2 375
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
789
-
-
income
-
825
-
-
chamber of commerce
-
61
-
-
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.

-
46
-
-
total
-
1 721
-
-
Dividends
-
3 780
-
-
withholding
-
813
-
-
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.

-
45
-
-
total
-
858
-
-
Income
5 500
5 500
5 500
5 500
Total tax
3 877
2 579
2 375
2 375
After tax
1 623
2 921
3 125
3 125
Living cost
13 423
13 423
13 423
13 423
Free-cash
-11 800
-10 502
-10 298
-10 298

Estimated living cost  is ₴13423 per week

₴9260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
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.
₴2524
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.

Source of data for Berlin model

Close
Dresden , Germany
-₴7406
-₴7797
-₴7406
-₴7667
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.

-
-
-
5 500
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.

-
-
-
-
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.

-
-
-
2 375
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 375
Employee

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

13 298
-
5 500
-
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.

371
-
-
-
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
-
-
-
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.

2 375
-
2 375
-
total
2 766
-
2 375
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
866
-
-
income
-
825
-
-
chamber of commerce
-
61
-
-
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.

-
46
-
-
total
-
1 798
-
-
Dividends
-
3 703
-
-
withholding
-
794
-
-
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.

-
44
-
-
total
-
838
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 766
2 636
2 375
2 375
After tax
2 734
2 864
3 125
3 125
Living cost
10 531
10 531
10 531
10 531
Free-cash
-7 797
-7 667
-7 406
-7 406

Estimated living cost  is ₴10531 per week

₴6624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1228
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.
₴2482
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.

Source of data for Dresden model

Close
Hamburg , Germany
-₴10533
-₴12131
-₴10533
-₴10822
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.

-
-
-
5 500
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.

-
-
-
-
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.

-
-
-
2 375
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 375
Employee

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

17 632
-
5 500
-
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.

1 515
-
-
-
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
-
-
-
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.

2 375
-
2 375
-
total
3 973
-
2 375
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
905
-
-
income
-
825
-
-
chamber of commerce
-
61
-
-
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.

-
46
-
-
total
-
1 837
-
-
Dividends
-
3 664
-
-
withholding
-
784
-
-
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.

-
43
-
-
total
-
827
-
-
Income
5 500
5 500
5 500
5 500
Total tax
3 973
2 664
2 375
2 375
After tax
1 527
2 836
3 125
3 125
Living cost
13 658
13 658
13 658
13 658
Free-cash
-12 131
-10 822
-10 533
-10 533

Estimated living cost  is ₴13658 per week

₴9135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
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.
₴2879
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.

Source of data for Hamburg model

Close
Munich , Germany
-₴12803
-₴15395
-₴12803
-₴13121
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.

-
-
-
5 500
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.

-
-
-
-
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.

-
-
-
2 375
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
2 375
Employee

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

20 895
-
5 500
-
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.

2 457
-
-
-
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
-
-
-
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.

2 375
-
2 375
-
total
4 967
-
2 375
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
944
-
-
income
-
825
-
-
chamber of commerce
-
61
-
-
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.

-
46
-
-
total
-
1 876
-
-
Dividends
-
3 626
-
-
withholding
-
774
-
-
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.

-
43
-
-
total
-
817
-
-
Income
5 500
5 500
5 500
5 500
Total tax
4 967
2 693
2 375
2 375
After tax
533
2 807
3 125
3 125
Living cost
15 928
15 928
15 928
15 928
Free-cash
-15 395
-13 121
-12 803
-12 803

Estimated living cost  is ₴15928 per week

₴11633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2814
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.

Source of data for Munich model

Close
Athens , Greece
-₴4665
-₴8673
-₴4790
-₴4349
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
-
-
-
5 500
surtax
-
-
-
-
unemployment
-
-
-
79
health
-
-
-
391
pensions
-
-
-
1 100
income
-
-
-
786
other
-
-
-
-
total
-
-
-
2 356
Employee
11 709
-
4 524
-
unemployment
815
-
323
-
other
-
-
-
-
income
1 963
-
755
-
surtax
42
-
-
-
pensions
781
-
309
-
health
299
-
118
-
total
3 900
-
1 505
-
Employer
11 709
-
4 524
-
pensions
1 561
-
618
-
other
-
-
-
-
health
532
-
211
-
unemployment
371
-
147
-
total
2 464
-
976
-
Corporate
-
5 500
-
-
income
-
1 430
-
-
total
-
1 430
-
-
Dividends
-
4 070
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
6 364
2 040
2 481
2 356
After tax
-864
3 460
3 019
3 144
Living cost
7 809
7 809
7 809
7 809
Free-cash
-8 673
-4 349
-4 790
-4 665

Estimated living cost  is ₴7809 per week

₴4715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴679
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.
₴2235
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 of data for Athens model

Close
Thessaloniki , Greece
-₴4528
-₴8418
-₴4653
-₴4212
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
-
-
-
5 500
surtax
-
-
-
-
unemployment
-
-
-
79
health
-
-
-
391
pensions
-
-
-
1 100
income
-
-
-
786
other
-
-
-
-
total
-
-
-
2 356
Employee
11 498
-
4 524
-
unemployment
800
-
323
-
other
-
-
-
-
income
1 927
-
755
-
surtax
38
-
-
-
pensions
767
-
309
-
health
294
-
118
-
total
3 826
-
1 505
-
Employer
11 498
-
4 524
-
pensions
1 533
-
618
-
other
-
-
-
-
health
523
-
211
-
unemployment
364
-
147
-
total
2 420
-
976
-
Corporate
-
5 500
-
-
income
-
1 430
-
-
total
-
1 430
-
-
Dividends
-
4 070
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
6 246
2 040
2 481
2 356
After tax
-746
3 460
3 019
3 144
Living cost
7 672
7 672
7 672
7 672
Free-cash
-8 418
-4 212
-4 653
-4 528

Estimated living cost  is ₴7672 per week

₴4691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴708
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.
₴2096
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 of data for Thessaloniki model

Close
Budapest , Hungary
-₴3143
-₴6495
-₴3764
-₴3743
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
-
-
-
5 500
unemployment
-
-
-
83
health
-
-
-
385
pensions
-
-
-
550
income
-
-
-
672
total
-
-
-
1 690
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.

10 037
3 994
4 603
-
unemployment
151
60
69
-
income
1 227
488
563
-
pensions
1 004
399
460
-
health
703
280
322
-
total
3 085
1 227
1 414
-
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.

10 037
3 994
4 603
-
pensions
1 957
779
897
-
total
1 957
779
897
-
Corporate
-
727
-
-
income
-
65
-
-
total
-
65
-
-
Dividends
-
661
-
-
withholding
-
126
-
-
social contributions
-
93
-
-
total
-
219
-
-
Income
5 500
5 500
5 500
5 500
Total tax
5 042
2 290
2 311
1 690
After tax
458
3 210
3 189
3 810
Living cost
6 953
6 953
6 953
6 953
Free-cash
-6 495
-3 743
-3 764
-3 143

Estimated living cost  is ₴6953 per week

₴4745
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.
₴139
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.
₴1500
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

Source of data for Budapest model

Close
Reykjavik , Iceland
-₴12591
-₴22890
-₴12548
-₴13358
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
-
-
-
5 500
national
-
-
-
354
pensions
-
-
-
660
social contributions
-
-
-
59
municipal
-
-
-
228
total
-
-
-
1 301
Employee
26 027
-
4 755
-
municipal
3 215
-
250
-
national
4 982
-
387
-
pensions
1 041
-
190
-
total
9 238
-
827
-
Employer
26 027
-
4 755
-
pensions
2 082
-
380
-
social contributions
280
-
51
-
total
2 362
-
431
-
Corporate
-
5 500
-
-
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%.

-
1 100
-
-
total
-
1 100
-
-
Dividends
-
4 400
-
-
withholding
-
968
-
-
total
-
968
-
-
Income
5 500
5 500
5 500
5 500
Total tax
11 600
2 068
1 258
1 301
After tax
-6 100
3 432
4 242
4 199
Living cost
16 790
16 790
16 790
16 790
Free-cash
-22 890
-13 358
-12 548
-12 591

Estimated living cost  is ₴16790 per week

₴11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1561
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.
₴3566
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.

Source of data for Reykjavik model

Close
Dublin , Ireland
-₴14405
-₴21697
-₴14405
-₴15957
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
-
-
-
5 500
social contributions
-
-
-
88
income
-
-
-
11
total
-
-
-
99
Employee
27 197
-
5 500
-
social contributions
2 259
-
88
-
income
5 132
-
11
-
total
7 391
-
99
-
Employer
27 197
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
688
-
-
total
-
688
-
-
Dividends
-
4 812
-
-
withholding
-
963
-
-
total
-
963
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 391
1 651
99
99
After tax
-1 891
3 849
5 401
5 401
Living cost
19 806
19 806
19 806
19 806
Free-cash
-21 697
-15 957
-14 405
-14 405

Estimated living cost  is ₴19806 per week

₴15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴189
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.
₴2935
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.

Source of data for Dublin model

Close
Milan , Italy
-₴12567
-₴25400
-₴13197
-₴11736
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
-
-
-
5 500
national
-
-
-
645
regional
-
-
-
34
social contributions
-
-
-
2 695
municipal
-
-
-
22
total
-
-
-
3 396
Employee
30 900
-
5 500
-
municipal
164
-
16
-
national
5 354
-
453
-
social contributions
10 419
-
3 533
-
regional
292
-
24
-
total
16 229
-
4 026
-
Employer
30 900
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
214
-
-
total
-
1 534
-
-
Dividends
-
3 965
-
-
withholding
-
1 031
-
-
total
-
1 031
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 229
2 565
4 026
3 396
After tax
-10 729
2 935
1 474
2 104
Living cost
14 671
14 671
14 671
14 671
Free-cash
-25 400
-11 736
-13 197
-12 567

Estimated living cost  is ₴14671 per week

₴10227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
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.
₴3257
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

Source of data for Milan model

Close
Naples , Italy
-₴7285
-₴13788
-₴7908
-₴6474
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
-
-
-
5 500
national
-
-
-
645
regional
-
-
-
57
social contributions
-
-
-
2 695
municipal
-
-
-
22
total
-
-
-
3 419
Employee
19 286
-
5 500
-
municipal
102
-
16
-
national
3 056
-
453
-
social contributions
6 504
-
3 533
-
regional
260
-
40
-
total
9 922
-
4 042
-
Employer
19 286
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
273
-
-
total
-
1 593
-
-
Dividends
-
3 907
-
-
withholding