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

Best value All models

City

free-cash

Graz , Austria

₴16975

₴16760

₴13975

₴1448

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

chamber of commerce

220

income

11 349

pensions

9 282

unemployment

2 634

health

3 838

surtax

total

27 323

Employee

18 773

17 115

42 708

other

187

171

427

health

726

663

1 653

income

1 672

1 262

9 554

pensions

1 923

1 752

4 373

unemployment

563

513

1 281

total

5 071

4 361

17 288

Employer

18 773

17 115

42 708

accident

244

222

555

other

892

813

2 029

chamber of commerce

171

unemployment

563

513

1 281

surtax

pensions

2 356

2 148

5 360

payroll

563

513

1 281

health

710

647

1 615

total

5 403

4 924

12 292

Corporate

30 824

32 959

41 078

income

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

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

7 706

8 240

10 270

total

7 706

8 240

10 270

Dividends

23 118

24 720

withholding

6 358

6 798

total

6 358

6 798

Income

55 000

Total tax

24 538

24 323

39 850

27 323

After tax

30 462

30 677

15 150

27 677

Living cost

13 702

Free-cash

16 760

16 975

1 448

13 975

Estimated living cost is ₴13702 per week

₴8219

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

₴1399

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

₴244

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.

₴3839

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.

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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.