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
₴ 55000
per

Your estimated
City
free-cash

Andorra , Andorra
₴30337
₴37973
₴31798
₴39132
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
-
-
-
55 000
social contributions
-
-
-
12 100
income
-
-
-
2 195
total
-
-
-
14 295
Employee
11 089
-
47 619
-
social contributions
721
-
3 095
-
income
-
-
2 358
-
total
721
-
5 453
-
Employer
11 089
-
47 619
-
social contributions
1 719
-
7 381
-
total
1 719
-
7 381
-
Corporate
42 192
55 000
-
-
income
4 219
5 500
-
-
total
4 219
5 500
-
-
Dividends
37 973
49 500
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
6 659
5 500
12 834
14 295
After tax
48 341
49 500
42 166
40 705
Living cost
10 368
10 368
10 368
10 368
Free-cash
37 973
39 132
31 798
30 337

Estimated living cost  is ₴10368 per week

₴6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴782
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.
₴2688
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
₴17277
₴19350
₴3468
₴19520
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
-
-
-
55 000
surtax
-
-
-
-
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
220
pensions
-
-
-
7 455
income
-
-
-
13 847
total
-
-
-
26 719
Employee
15 077
13 745
43 191
-
unemployment
452
412
1 209
-
other
151
137
403
-
income
1 343
1 014
10 952
-
pensions
1 544
1 407
4 126
-
health
583
532
1 559
-
total
4 073
3 502
18 249
-
Employer
15 077
13 745
43 191
-
pensions
1 892
1 725
5 057
-
surtax
-
-
-
-
payroll
452
412
1 296
-
other
716
653
2 026
-
health
570
520
1 523
-
accident
196
179
524
-
unemployment
452
412
1 209
-
chamber of commerce
60
55
173
-
total
4 338
3 956
11 808
-
Corporate
35 584
37 299
41 883
-
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.

8 896
9 325
10 471
-
total
8 896
9 325
10 471
-
Dividends
26 688
27 974
-
-
withholding
7 339
7 693
-
-
total
7 339
7 693
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 646
24 476
40 528
26 719
After tax
30 354
30 524
14 472
28 281
Living cost
11 004
11 004
11 004
11 004
Free-cash
19 350
19 520
3 468
17 277

Estimated living cost  is ₴11004 per week

₴6601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1124
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.
₴3083
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
₴16059
₴17799
₴2297
₴18334
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
-
-
-
55 000
surtax
-
-
-
68
unemployment
-
-
-
2 115
health
-
-
-
3 082
chamber of commerce
-
-
-
220
pensions
-
-
-
7 455
income
-
-
-
13 847
total
-
-
-
26 787
Employee
17 237
13 745
43 128
-
unemployment
517
412
1 209
-
other
172
137
403
-
income
1 962
1 014
10 925
-
pensions
1 765
1 407
4 126
-
health
667
532
1 559
-
total
5 083
3 502
18 222
-
Employer
17 237
13 745
43 128
-
pensions
2 163
1 725
5 057
-
surtax
68
68
68
-
payroll
517
412
1 294
-
other
819
653
2 025
-
health
651
520
1 523
-
accident
224
179
524
-
unemployment
517
412
1 209
-
chamber of commerce
69
55
173
-
total
5 028
4 024
11 873
-
Corporate
32 734
37 230
41 819
-
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.

8 184
9 308
10 454
-
total
8 184
9 308
10 454
-
Dividends
24 551
27 923
-
-
withholding
6 752
7 678
-
-
total
6 752
7 678
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 047
24 512
40 549
26 787
After tax
29 953
30 488
14 451
28 213
Living cost
12 154
12 154
12 154
12 154
Free-cash
17 799
18 334
2 297
16 059

Estimated living cost  is ₴12154 per week

₴8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1037
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.
₴2811
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
₴11256
₴13023
₴7110
₴18196
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
-
-
-
55 000
national
-
-
-
19 836
communal

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

-
-
-
2 787
social contributions
-
-
-
8 545
total
-
-
-
31 168
Employee

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

24 672
-
42 600
-
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
-
370
-
national
7 585
-
15 125
-
communal

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

1 287
-
2 222
-
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.

1 850
-
3 195
-
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.

1 159
-
2 002
-
total
12 096
-
22 914
-
Employer

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

24 672
-
42 600
-
surtax
2 798
-
4 831
-
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.

2 186
-
3 774
-
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.

1 517
-
2 619
-
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.

321
-
554
-
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.

360
-
622
-
total
7 182
-
12 400
-
Corporate
23 146
55 000
-
-
income
4 629
11 000
-
-
surtax
92
220
-
-
total
4 721
11 220
-
-
Dividends
18 425
43 780
-
-
withholding

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

5 402
13 008
-
-
total
5 402
13 008
-
-
Income
55 000
55 000
55 000
55 000
Total tax
29 401
24 228
35 314
31 168
After tax
25 599
30 772
19 686
23 832
Living cost
12 576
12 576
12 576
12 576
Free-cash
13 023
18 196
7 110
11 256

Estimated living cost  is ₴12576 per week

₴8101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
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.
₴3179
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
₴37619
₴39007
₴39715
₴41104
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
-
-
-
55 000
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
8 250
total
-
-
-
11 460
Employee
7 841
-
52 641
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
income
784
-
5 264
-
pensions

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

688
-
1 056
-
health
361
-
553
-
total
1 919
-
7 005
-
Employer
7 841
-
52 641
-
pensions

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

864
-
1 325
-
health
541
-
830
-
accident

We are using the highest rate at 1.1%.

86
-
132
-
unemployment
47
-
72
-
total
1 538
-
2 359
-
Corporate
45 621
55 000
-
-
income
4 562
5 500
-
-
total
4 562
5 500
-
-
Dividends
41 059
49 500
-
-
withholding
2 053
2 475
-
-
total
2 053
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
10 072
7 975
9 364
11 460
After tax
44 928
47 025
45 636
43 540
Living cost
5 921
5 921
5 921
5 921
Free-cash
39 007
41 104
39 715
37 619

Estimated living cost  is ₴5921 per week

₴3916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴141
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.
₴1525
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
₴39027
₴40912
₴41123
₴42512
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
-
-
-
55 000
unemployment
-
-
-
48
health
-
-
-
1 383
pensions

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

-
-
-
1 779
income
-
-
-
8 250
total
-
-
-
11 460
Employee
5 976
-
52 641
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
income
598
-
5 264
-
pensions

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

525
-
1 056
-
health
275
-
553
-
total
1 464
-
7 005
-
Employer
5 976
-
52 641
-
pensions

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

659
-
1 325
-
health
412
-
830
-
accident

We are using the highest rate at 1.1%.

66
-
132
-
unemployment
36
-
72
-
total
1 173
-
2 359
-
Corporate
47 851
55 000
-
-
income
4 785
5 500
-
-
total
4 785
5 500
-
-
Dividends
43 066
49 500
-
-
withholding
2 153
2 475
-
-
total
2 153
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
9 575
7 975
9 364
11 460
After tax
45 425
47 025
45 636
43 540
Living cost
4 513
4 513
4 513
4 513
Free-cash
40 912
42 512
41 123
39 027

Estimated living cost  is ₴4513 per week

₴2635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴322
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.
₴1436
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
₴29894
₴30278
₴29395
₴32156
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
-
-
-
55 000
health
-
-
-
1 403
social contributions
-
-
-
5 581
income
-
-
-
10 136
total
-
-
-
17 120
Employee
26 522
26 522
51 086
-
income
2 888
2 455
9 867
-
social contributions
1 003
2 201
2 969
-
health
206
451
869
-
total
4 097
5 107
13 705
-
Employer
26 522
26 522
51 086
-
social contributions
1 003
2 201
2 969
-
health
223
491
945
-
total
1 226
2 692
3 914
-
Corporate
41 692
25 785
-
-
income
5 211
3 223
-
-
total
5 211
3 223
-
-
Dividends
36 481
22 562
-
-
withholding
6 202
3 836
-
-
total
6 202
3 836
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 736
14 858
17 619
17 120
After tax
38 264
40 142
37 381
37 880
Living cost
7 986
7 986
7 986
7 986
Free-cash
30 278
32 156
29 395
29 894

Estimated living cost  is ₴7986 per week

₴4786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴783
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.
₴2240
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
₴26693
₴27523
₴26194
₴28955
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
-
-
-
55 000
health
-
-
-
1 403
social contributions
-
-
-
5 581
income
-
-
-
10 136
total
-
-
-
17 120
Employee
26 522
26 522
51 086
-
income
2 785
2 455
9 867
-
social contributions
1 289
2 201
2 969
-
health
264
451
869
-
total
4 338
5 107
13 705
-
Employer
26 522
26 522
51 086
-
social contributions
1 289
2 201
2 969
-
health
287
491
945
-
total
1 576
2 692
3 914
-
Corporate
37 899
25 785
-
-
income
4 738
3 223
-
-
total
4 738
3 223
-
-
Dividends
33 161
22 562
-
-
withholding
5 638
3 836
-
-
total
5 638
3 836
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 290
14 858
17 619
17 120
After tax
38 710
40 142
37 381
37 880
Living cost
11 187
11 187
11 187
11 187
Free-cash
27 523
28 955
26 194
26 693

Estimated living cost  is ₴11187 per week

₴7648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
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.
₴2478
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
₴22740
₴27066
₴20356
₴29906
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
-
-
-
55 000
health
-
-
-
7 425
social contributions
-
-
-
11 456
income
-
-
-
5 418
solidarity contribution
-
-
-
-
total
-
-
-
24 299
Employee
11 708
-
41 460
-
income
1 405
-
4 997
-
social contributions
761
-
2 550
-
health
1 581
-
5 597
-
solidarity contribution
-
-
-
-
total
3 747
-
13 144
-
Employer
11 708
-
41 460
-
social contributions
2 927
-
9 808
-
health
1 054
-
3 731
-
total
3 981
-
13 539
-
Corporate
39 312
55 000
-
-
income
7 469
10 450
-
-
total
7 469
10 450
-
-
Dividends
31 843
44 550
-
-
withholding
4 776
6 683
-
-
total
4 776
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 973
17 133
26 683
24 299
After tax
35 027
37 867
28 317
30 701
Living cost
7 961
7 961
7 961
7 961
Free-cash
27 066
29 906
20 356
22 740

Estimated living cost  is ₴7961 per week

₴5530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1708
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
₴20891
₴24557
₴18507
₴28057
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
-
-
-
55 000
health
-
-
-
7 425
social contributions
-
-
-
11 456
income
-
-
-
5 418
solidarity contribution
-
-
-
-
total
-
-
-
24 299
Employee
14 427
-
41 460
-
income
1 731
-
4 997
-
social contributions
938
-
2 550
-
health
1 948
-
5 597
-
solidarity contribution
-
-
-
-
total
4 617
-
13 144
-
Employer
14 427
-
41 460
-
social contributions
3 607
-
9 808
-
health
1 298
-
3 731
-
total
4 905
-
13 539
-
Corporate
35 668
55 000
-
-
income
6 777
10 450
-
-
total
6 777
10 450
-
-
Dividends
28 891
44 550
-
-
withholding
4 334
6 683
-
-
total
4 334
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 633
17 133
26 683
24 299
After tax
34 367
37 867
28 317
30 701
Living cost
9 810
9 810
9 810
9 810
Free-cash
24 557
28 057
18 507
20 891

Estimated living cost  is ₴9810 per week

₴7296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴543
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.
₴1802
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
₴16119
-₴20381
-₴20381
-₴20381
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
-
-
-
55 000
national
-
-
-
6 263
pensions
-
-
-
300
municipal
-
-
-
11 280
labour market
-
-
-
4 376
total
-
-
-
22 219
Employee
70 328
70 328
70 328
-
municipal
14 976
14 976
14 976
-
national
8 592
8 592
8 592
-
pensions
100
100
100
-
labour market
5 618
5 618
5 618
-
total
29 286
29 286
29 286
-
Employer
70 328
70 328
70 328
-
pensions
200
200
200
-
labour market
5 626
5 626
5 626
-
municipal
15 000
15 000
15 000
-
national
8 607
8 607
8 607
-
total
29 433
29 433
29 433
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
58 719
58 719
58 719
22 219
After tax
-3 719
-3 719
-3 719
32 781
Living cost
16 662
16 662
16 662
16 662
Free-cash
-20 381
-20 381
-20 381
16 119

Estimated living cost  is ₴16662 per week

₴11404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
₴21149
₴33526
₴23370
₴35669
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
-
-
-
55 000
health
-
-
-
7 150
pensions
-
-
-
11 000
income
-
-
-
7 370
total
-
-
-
25 520
Employee
9 785
-
41 107
-
unemployment
156
-
658
-
income
1 102
-
7 925
-
pensions
196
-
822
-
total
1 454
-
9 405
-
Employer
9 785
-
41 107
-
pensions
1 957
-
8 221
-
health
1 272
-
5 344
-
unemployment
79
-
329
-
total
3 308
-
13 894
-
Corporate
41 908
55 000
-
-
income
8 381
11 000
-
-
total
8 381
11 000
-
-
Dividends
33 526
44 000
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 143
11 000
23 299
25 520
After tax
41 857
44 000
31 701
29 480
Living cost
8 331
8 331
8 331
8 331
Free-cash
33 526
35 669
23 370
21 149

Estimated living cost  is ₴8331 per week

₴5714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴496
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.
₴1953
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
₴23068
₴22310
₴15977
₴21579
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

-
-
-
55 000
national
-
-
-
8 213
health
-
-
-
703
municipal
-
-
-
9 774
total
-
-
-
18 690
Employee
18 147
-
46 269
-
unemployment
272
-
694
-
municipal
2 972
-
7 539
-
national
300
-
5 126
-
pensions
1 225
-
3 123
-
health
135
-
569
-
total
4 904
-
17 051
-
Employer
18 147
-
46 269
-
pensions
3 148
-
8 028
-
health
139
-
356
-
accident
18
-
46
-
unemployment
118
-
300
-
total
3 423
-
8 730
-
Corporate
33 429
55 000
-
-
income
6 686
11 000
-
-
total
6 686
11 000
-
-
Dividends

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

20 057
33 000
-
-
municipal
3 610
5 940
-
-
national
825
3 239
-
-
total
4 435
9 179
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 448
20 179
25 781
18 690
After tax
35 552
34 821
29 219
36 310
Living cost
13 242
13 242
13 242
13 242
Free-cash
22 310
21 579
15 977
23 068

Estimated living cost  is ₴13242 per week

₴8650
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.
₴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.
₴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

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
₴20455
₴19006
₴20235
₴17088
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
-
-
-
55 000
surtax
-
-
-
-
health
-
-
-
2 146
pensions
-
-
-
10 356
social contributions
-
-
-
1 567
income
-
-
-
8 139
other
-
-
-
1 705
total
-
-
-
23 913
Employee
13 177
-
42 939
-
income
679
-
8 019
-
surtax
-
-
-
-
social contributions
376
-
1 223
-
pensions
1 490
-
2 831
-
total
2 545
-
12 073
-
Employer
13 177
-
42 939
-
pensions
2 165
-
4 793
-
social contributions
39
-
129
-
other
455
-
1 609
-
health
922
-
3 790
-
unemployment
533
-
1 739
-
total
4 114
-
12 060
-
Corporate
37 708
55 000
-
-
income
10 558
15 400
-
-
surtax
-
-
-
-
total
10 558
15 400
-
-
Dividends
27 149
39 600
-
-
withholding
3 475
5 069
-
-
social contributions
4 670
6 811
-
-
surtax
-
-
-
-
total
8 145
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 362
27 280
24 133
23 913
After tax
29 638
27 720
30 867
31 087
Living cost
10 632
10 632
10 632
10 632
Free-cash
19 006
17 088
20 235
20 455

Estimated living cost  is ₴10632 per week

₴6166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1080
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.
₴3184
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
₴19286
₴17956
₴19066
₴15919
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
-
-
-
55 000
surtax
-
-
-
-
health
-
-
-
2 146
pensions
-
-
-
10 356
social contributions
-
-
-
1 567
income
-
-
-
8 139
other
-
-
-
1 705
total
-
-
-
23 913
Employee
14 762
-
42 939
-
income
871
-
8 019
-
surtax
-
-
-
-
social contributions
421
-
1 223
-
pensions
1 669
-
2 831
-
total
2 961
-
12 073
-
Employer
14 762
-
42 939
-
pensions
2 425
-
4 793
-
social contributions
45
-
129
-
other
509
-
1 609
-
health
1 034
-
3 790
-
unemployment
598
-
1 739
-
total
4 611
-
12 060
-
Corporate
35 628
55 000
-
-
income
9 976
15 400
-
-
surtax
-
-
-
-
total
9 976
15 400
-
-
Dividends
25 652
39 600
-
-
withholding
3 283
5 069
-
-
social contributions
4 412
6 811
-
-
surtax
-
-
-
-
total
7 695
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 243
27 280
24 133
23 913
After tax
29 757
27 720
30 867
31 087
Living cost
11 801
11 801
11 801
11 801
Free-cash
17 956
15 919
19 066
19 286

Estimated living cost  is ₴11801 per week

₴7441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴960
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.
₴3200
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
₴14428
₴13431
₴14208
₴11061
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
-
-
-
55 000
surtax
-
-
-
-
health
-
-
-
2 146
pensions
-
-
-
10 356
social contributions
-
-
-
1 567
income
-
-
-
8 139
other
-
-
-
1 705
total
-
-
-
23 913
Employee
21 603
-
42 939
-
income
1 885
-
8 019
-
surtax
-
-
-
-
social contributions
615
-
1 223
-
pensions
2 443
-
2 831
-
total
4 943
-
12 073
-
Employer
21 603
-
42 939
-
pensions
3 550
-
4 793
-
social contributions
65
-
129
-
other
746
-
1 609
-
health
1 512
-
3 790
-
unemployment
875
-
1 739
-
total
6 748
-
12 060
-
Corporate
26 650
55 000
-
-
income
7 462
15 400
-
-
surtax
-
-
-
-
total
7 462
15 400
-
-
Dividends
19 188
39 600
-
-
withholding
2 456
5 069
-
-
social contributions
3 301
6 811
-
-
surtax
-
-
-
-
total
5 757
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 910
27 280
24 133
23 913
After tax
30 090
27 720
30 867
31 087
Living cost
16 659
16 659
16 659
16 659
Free-cash
13 431
11 061
14 208
14 428

Estimated living cost  is ₴16659 per week

₴11275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴228
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.
₴3793
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
₴52218
₴49599
₴41768
₴50018
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%.

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
2 789
-
55 000
-
income
558
-
11 000
-
total
558
-
11 000
-
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%.

52 211
55 000
-
-
total
-
-
-
-
Dividends
52 211
55 000
-
-
withholding
2 611
2 750
-
-
total
2 611
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
3 169
2 750
11 000
550
After tax
51 831
52 250
44 000
54 450
Living cost
2 232
2 232
2 232
2 232
Free-cash
49 599
50 018
41 768
52 218

Estimated living cost  is ₴2232 per week

₴1383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴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.
₴602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴50973
₴48121
₴40523
₴48773
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%.

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
4 347
-
55 000
-
income
869
-
11 000
-
total
869
-
11 000
-
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%.

50 653
55 000
-
-
total
-
-
-
-
Dividends
50 653
55 000
-
-
withholding
2 533
2 750
-
-
total
2 533
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
3 402
2 750
11 000
550
After tax
51 598
52 250
44 000
54 450
Living cost
3 477
3 477
3 477
3 477
Free-cash
48 121
48 773
40 523
50 973

Estimated living cost  is ₴3477 per week

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

Additional information

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

Berlin , Germany
₴16474
₴19511
₴22065
₴14999
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.

-
-
-
55 000
surtax

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

-
-
-
900
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.

-
-
-
2 356
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.

-
-
-
16 363
trade
-
-
-
5 591
total
-
-
-
25 210
Employee

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

17 162
-
55 000
-
income

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

1 411
-
16 363
-
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
-
900
-
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.

2 356
-
2 356
-
total
3 845
-
19 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 838
55 000
-
-
trade
5 430
7 892
-
-
income
5 676
8 250
-
-
chamber of commerce
108
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.

312
454
-
-
total
11 526
16 729
-
-
Dividends
26 312
38 271
-
-
withholding
6 447
9 437
-
-
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.

355
519
-
-
total
6 802
9 956
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 173
26 685
19 619
25 210
After tax
32 827
28 315
35 381
29 790
Living cost
13 316
13 316
13 316
13 316
Free-cash
19 511
14 999
22 065
16 474

Estimated living cost  is ₴13316 per week

₴9186
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.
₴193
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.
₴2504
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
₴18797
₴21117
₴24934
₴17301
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.

-
-
-
55 000
surtax

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

-
-
-
900
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.

-
-
-
2 356
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.

-
-
-
16 363
trade
-
-
-
6 137
total
-
-
-
25 756
Employee

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

13 192
-
55 000
-
income

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

369
-
16 363
-
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
-
900
-
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.

2 356
-
2 356
-
total
2 745
-
19 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 808
55 000
-
-
trade
6 585
8 662
-
-
income
6 271
8 250
-
-
chamber of commerce
113
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.

345
454
-
-
total
13 314
17 498
-
-
Dividends
28 494
37 503
-
-
withholding
6 992
9 245
-
-
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.

385
509
-
-
total
7 377
9 754
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 436
27 252
19 619
25 756
After tax
31 564
27 748
35 381
29 244
Living cost
10 447
10 447
10 447
10 447
Free-cash
21 117
17 301
24 934
18 797

Estimated living cost  is ₴10447 per week

₴6572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
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.
₴2462
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
₴15422
₴18765
₴21831
₴13915
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.

-
-
-
55 000
surtax

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

-
-
-
900
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.

-
-
-
2 356
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.

-
-
-
16 363
trade
-
-
-
6 409
total
-
-
-
26 028
Employee

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

17 491
-
55 000
-
income

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

1 503
-
16 363
-
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.

82
-
900
-
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.

2 356
-
2 356
-
total
3 941
-
19 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 509
55 000
-
-
trade
6 170
9 048
-
-
income
5 626
8 250
-
-
chamber of commerce
105
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.

310
454
-
-
total
12 211
17 883
-
-
Dividends
25 297
37 118
-
-
withholding
6 193
9 149
-
-
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
503
-
-
total
6 533
9 652
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 685
27 535
19 619
26 028
After tax
32 315
27 465
35 381
28 972
Living cost
13 550
13 550
13 550
13 550
Free-cash
18 765
13 915
21 831
15 422

Estimated living cost  is ₴13550 per week

₴9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
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.
₴2856
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
₴12898
₴16975
₴19580
₴11382
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.

-
-
-
55 000
surtax

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

-
-
-
900
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.

-
-
-
2 356
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.

-
-
-
16 363
trade
-
-
-
6 682
total
-
-
-
26 301
Employee

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

20 729
-
55 000
-
income

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

2 438
-
16 363
-
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.

134
-
900
-
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.

2 356
-
2 356
-
total
4 928
-
19 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 271
55 000
-
-
trade
5 878
9 433
-
-
income
5 141
8 250
-
-
chamber of commerce
101
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.

283
454
-
-
total
11 403
18 267
-
-
Dividends
22 869
36 734
-
-
withholding
5 586
9 052
-
-
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
498
-
-
total
5 893
9 550
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 224
27 817
19 619
26 301
After tax
32 776
27 183
35 381
28 699
Living cost
15 801
15 801
15 801
15 801
Free-cash
16 975
11 382
19 580
12 898

Estimated living cost  is ₴15801 per week

₴11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1264
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.
₴2792
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
₴18354
₴25750
₴16282
₴26848
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
-
-
-
55 000
surtax
-
-
-
2 088
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
14 257
other
-
-
-
-
total
-
-
-
28 899
Employee
11 616
-
45 436
-
unemployment
808
-
3 162
-
other
-
-
-
-
income
1 947
-
12 294
-
surtax
41
-
1 761
-
pensions
775
-
3 031
-
health
297
-
1 159
-
total
3 868
-
21 407
-
Employer
11 616
-
45 436
-
pensions
1 549
-
6 056
-
other
-
-
-
-
health
528
-
2 068
-
unemployment
369
-
1 440
-
total
2 446
-
9 564
-
Corporate
40 939
55 000
-
-
income
10 644
14 300
-
-
total
10 644
14 300
-
-
Dividends
30 295
40 700
-
-
withholding
4 545
6 105
-
-
total
4 545
6 105
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 503
20 405
30 971
28 899
After tax
33 497
34 595
24 029
26 101
Living cost
7 747
7 747
7 747
7 747
Free-cash
25 750
26 848
16 282
18 354

Estimated living cost  is ₴7747 per week

₴4677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2217
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
₴18490
₴25910
₴16418
₴26984
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
-
-
-
55 000
surtax
-
-
-
2 088
unemployment
-
-
-
79
health
-
-
-
3 268
pensions
-
-
-
9 207
income
-
-
-
14 257
other
-
-
-
-
total
-
-
-
28 899
Employee
11 406
-
45 436
-
unemployment
794
-
3 162
-
other
-
-
-
-
income
1 912
-
12 294
-
surtax
37
-
1 761
-
pensions
761
-
3 031
-
health
291
-
1 159
-
total
3 795
-
21 407
-
Employer
11 406
-
45 436
-
pensions
1 521
-
6 056
-
other
-
-
-
-
health
519
-
2 068
-
unemployment
361
-
1 440
-
total
2 401
-
9 564
-
Corporate
41 193
55 000
-
-
income
10 710
14 300
-
-
total
10 710
14 300
-
-
Dividends
30 483
40 700
-
-
withholding
4 573
6 105
-
-
total
4 573
6 105
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 479
20 405
30 971
28 899
After tax
33 521
34 595
24 029
26 101
Living cost
7 611
7 611
7 611
7 611
Free-cash
25 910
26 984
16 418
18 490

Estimated living cost  is ₴7611 per week

₴4654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
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.
₴2079
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
₴31254
₴24217
₴25036
₴24073
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
-
-
-
55 000
unemployment
-
-
-
825
health
-
-
-
3 850
pensions
-
-
-
5 500
income
-
-
-
6 724
total
-
-
-
16 899
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.

9 884
3 934
46 025
-
unemployment
148
59
690
-
income
1 208
481
5 627
-
pensions
988
393
4 603
-
health
692
275
3 222
-
total
3 036
1 208
14 142
-
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.

9 884
3 934
46 025
-
pensions
1 927
767
8 975
-
total
1 927
767
8 975
-
Corporate
43 189
50 299
-
-
income
3 887
4 527
-
-
total
3 887
4 527
-
-
Dividends
39 302
45 772
-
-
withholding
7 467
8 697
-
-
social contributions
7 619
8 881
-
-
total
15 086
17 578
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 936
24 080
23 117
16 899
After tax
31 064
30 920
31 883
38 101
Living cost
6 847
6 847
6 847
6 847
Free-cash
24 217
24 073
25 036
31 254

Estimated living cost  is ₴6847 per week

₴4673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴137
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1478
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
₴15803
₴17344
₴16234
₴17621
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
-
-
-
55 000
national
-
-
-
9 303
pensions
-
-
-
6 600
social contributions
-
-
-
591
municipal
-
-
-
6 004
total
-
-
-
22 498
Employee
25 887
-
47 547
-
municipal
3 197
-
6 217
-
national
4 955
-
9 633
-
pensions
1 035
-
1 902
-
total
9 187
-
17 752
-
Employer
25 887
-
47 547
-
pensions
2 071
-
3 804
-
social contributions
278
-
511
-
total
2 349
-
4 315
-
Corporate
25 056
55 000
-
-
income

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

5 011
11 000
-
-
total
5 011
11 000
-
-
Dividends
20 045
44 000
-
-
withholding
4 410
9 680
-
-
total
4 410
9 680
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 957
20 680
22 067
22 498
After tax
34 043
34 320
32 933
32 502
Living cost
16 699
16 699
16 699
16 699
Free-cash
17 344
17 621
16 234
15 803

Estimated living cost  is ₴16699 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
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
₴10011
₴19615
₴10011
₴18852
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
-
-
-
55 000
social contributions
-
-
-
9 042
income
-
-
-
16 299
total
-
-
-
25 341
Employee
26 980
-
55 000
-
social contributions
2 241
-
9 042
-
income
5 091
-
16 299
-
total
7 332
-
25 341
-
Employer
26 980
-
55 000
-
total
-
-
-
-
Corporate
28 020
55 000
-
-
income
3 502
6 875
-
-
total
3 502
6 875
-
-
Dividends
24 517
48 125
-
-
withholding
4 903
9 625
-
-
total
4 903
9 625
-
-
Income
55 000
55 000
55 000
55 000
Total tax
15 737
16 500
25 341
25 341
After tax
39 263
38 500
29 659
29 659
Living cost
19 648
19 648
19 648
19 648
Free-cash
19 615
18 852
10 011
10 011

Estimated living cost  is ₴19648 per week

₴14948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1601
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.
₴2911
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
₴12068
₴12990
₴9583
₴14791
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
-
-
-
55 000
national
-
-
-
13 262
regional
-
-
-
643
social contributions
-
-
-
14 146
municipal
-
-
-
327
total
-
-
-
28 378
Employee
30 654
-
55 000
-
municipal
162
-
292
-
national
5 312
-
11 458
-
social contributions
10 337
-
18 546
-
regional
289
-
567
-
total
16 100
-
30 863
-
Employer
30 654
-
55 000
-
total
-
-
-
-
Corporate
24 346
55 000
-
-
nationa
5 843
13 200
-
-
municipal
950
2 145
-
-
total
6 793
15 345
-
-
Dividends
17 553
39 655
-
-
withholding
4 563
10 310
-
-
total
4 563
10 310
-
-
Income
55 000
55 000
55 000
55 000
Total tax
27 456
25 655
30 863
28 378
After tax
27 544
29 345
24 137
26 622
Living cost
14 554
14 554
14 554
14 554
Free-cash
12 990
14 791
9 583
12 068

Estimated living cost  is ₴14554 per week

₴10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
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.
₴3231
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
₴17144
₴18853
₴14673
₴19619
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
-
-
-
55 000
national
-
-
-
13 262
regional
-
-
-
830
social contributions
-
-
-
14 146
municipal
-
-
-
327
total
-
-
-
28 565
Employee
19 133
-
55 000
-
municipal
101
-
292
-
national
3 031
-
11 458
-
social contributions
6 452
-
18 546
-
regional
258
-
740
-
total
9 842
-
31 036
-
Employer
19 133
-
55 000
-
total
-
-
-
-
Corporate
35 867
55 000
-
-
nationa
8 608
13 200
-
-
municipal
1 782
2 733
-
-
total