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
₴ 56000
per

Your estimated
City
free-cash

Andorra , Andorra
₴30973
₴38781
₴32460
₴39949
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
-
-
-
56 000
social contributions
-
-
-
12 320
income
-
-
-
2 256
total
-
-
-
14 576
Employee
11 178
-
48 485
-
social contributions
726
-
3 152
-
income
-
-
2 422
-
total
726
-
5 574
-
Employer
11 178
-
48 485
-
social contributions
1 733
-
7 515
-
total
1 733
-
7 515
-
Corporate
43 090
56 000
-
-
income
4 309
5 600
-
-
total
4 309
5 600
-
-
Dividends
38 781
50 400
-
-
total
-
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
6 768
5 600
13 089
14 576
After tax
49 232
50 400
42 911
41 424
Living cost
10 451
10 451
10 451
10 451
Free-cash
38 781
39 949
32 460
30 973

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.

Graz , Austria
₴17705
₴19808
₴3667
₴19979
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
-
-
-
56 000
surtax
-
-
-
-
unemployment
-
-
-
2 132
health
-
-
-
3 107
chamber of commerce
-
-
-
224
pensions
-
-
-
7 514
income
-
-
-
14 226
total
-
-
-
27 203
Employee
15 198
13 856
44 060
-
unemployment
456
416
1 219
-
other
152
139
406
-
income
1 354
1 022
11 259
-
pensions
1 556
1 419
4 159
-
health
588
536
1 572
-
total
4 106
3 532
18 615
-
Employer
15 198
13 856
44 060
-
pensions
1 907
1 739
5 098
-
surtax
-
-
-
-
payroll
456
416
1 322
-
other
722
658
2 063
-
health
575
524
1 535
-
accident
197
180
528
-
unemployment
456
416
1 219
-
chamber of commerce
61
55
176
-
total
4 374
3 988
11 941
-
Corporate
36 428
38 157
42 740
-
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.

9 107
9 539
10 685
-
total
9 107
9 539
10 685
-
Dividends
27 321
28 617
-
-
withholding
7 513
7 870
-
-
total
7 513
7 870
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 100
24 929
41 241
27 203
After tax
30 900
31 071
14 759
28 797
Living cost
11 092
11 092
11 092
11 092
Free-cash
19 808
19 979
3 667
17 705

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.

Vienna , Austria
₴16477
₴18247
₴2486
₴18782
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
-
-
-
56 000
surtax
-
-
-
69
unemployment
-
-
-
2 132
health
-
-
-
3 107
chamber of commerce
-
-
-
224
pensions
-
-
-
7 514
income
-
-
-
14 226
total
-
-
-
27 272
Employee
17 376
13 856
43 995
-
unemployment
521
416
1 219
-
other
174
139
406
-
income
1 978
1 022
11 232
-
pensions
1 779
1 419
4 159
-
health
672
536
1 572
-
total
5 124
3 532
18 588
-
Employer
17 376
13 856
43 995
-
pensions
2 181
1 739
5 098
-
surtax
69
69
69
-
payroll
521
416
1 320
-
other
825
658
2 061
-
health
656
524
1 535
-
accident
226
180
528
-
unemployment
521
416
1 219
-
chamber of commerce
69
55
176
-
total
5 068
4 057
12 006
-
Corporate
33 556
38 088
42 675
-
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.

8 389
9 522
10 669
-
total
8 389
9 522
10 669
-
Dividends
25 167
28 566
-
-
withholding
6 921
7 856
-
-
total
6 921
7 856
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 502
24 967
41 263
27 272
After tax
30 498
31 033
14 737
28 728
Living cost
12 251
12 251
12 251
12 251
Free-cash
18 247
18 782
2 486
16 477

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.

Brussels , Belgium
₴11567
₴13439
₴7332
₴18653
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
-
-
-
56 000
national
-
-
-
20 248
communal

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

-
-
-
2 840
social contributions
-
-
-
8 668
total
-
-
-
31 756
Employee

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

24 870
-
43 374
-
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
-
377
-
national
7 646
-
15 435
-
communal

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

1 297
-
2 262
-
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
-
3 253
-
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
-
2 039
-
total
12 192
-
23 366
-
Employer

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

24 870
-
43 374
-
surtax
2 820
-
4 918
-
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
-
3 843
-
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
-
2 668
-
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
-
563
-
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
-
633
-
total
7 239
-
12 625
-
Corporate
23 891
56 000
-
-
income
4 778
11 200
-
-
surtax
96
224
-
-
total
4 874
11 424
-
-
Dividends
19 017
44 576
-
-
withholding

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

5 579
13 246
-
-
total
5 579
13 246
-
-
Income
56 000
56 000
56 000
56 000
Total tax
29 884
24 670
35 991
31 756
After tax
26 116
31 330
20 009
24 244
Living cost
12 677
12 677
12 677
12 677
Free-cash
13 439
18 653
7 332
11 567

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
Sofia , Bulgaria
₴38374
₴39779
₴40513
₴41898
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
-
-
-
56 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
8 400
total
-
-
-
11 644
Employee
7 921
-
53 617
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
income
792
-
5 362
-
pensions

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

695
-
1 067
-
health
364
-
559
-
total
1 938
-
7 122
-
Employer
7 921
-
53 617
-
pensions

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

873
-
1 338
-
health
547
-
838
-
accident

We are using the highest rate at 1.1%.

87
-
134
-
unemployment
48
-
73
-
total
1 555
-
2 383
-
Corporate
46 525
56 000
-
-
income
4 652
5 600
-
-
total
4 652
5 600
-
-
Dividends
41 873
50 400
-
-
withholding
2 094
2 520
-
-
total
2 094
2 520
-
-
Income
56 000
56 000
56 000
56 000
Total tax
10 239
8 120
9 505
11 644
After tax
45 761
47 880
46 495
44 356
Living cost
5 982
5 982
5 982
5 982
Free-cash
39 779
41 898
40 513
38 374

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
Varna , Bulgaria
₴39797
₴41706
₴41936
₴43321
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
-
-
-
56 000
unemployment
-
-
-
49
health
-
-
-
1 397
pensions

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

-
-
-
1 798
income
-
-
-
8 400
total
-
-
-
11 644
Employee
6 037
-
53 617
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
income
604
-
5 362
-
pensions

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

530
-
1 067
-
health
278
-
559
-
total
1 478
-
7 122
-
Employer
6 037
-
53 617
-
pensions

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

665
-
1 338
-
health
417
-
838
-
accident

We are using the highest rate at 1.1%.

66
-
134
-
unemployment
36
-
73
-
total
1 184
-
2 383
-
Corporate
48 778
56 000
-
-
income
4 878
5 600
-
-
total
4 878
5 600
-
-
Dividends
43 901
50 400
-
-
withholding
2 195
2 520
-
-
total
2 195
2 520
-
-
Income
56 000
56 000
56 000
56 000
Total tax
9 735
8 120
9 505
11 644
After tax
46 265
47 880
46 495
44 356
Living cost
4 559
4 559
4 559
4 559
Free-cash
41 706
43 321
41 936
39 797

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
Larnaca , Cyprus
₴30489
₴30927
₴29981
₴32818
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
-
-
-
56 000
health
-
-
-
1 428
social contributions
-
-
-
5 625
income
-
-
-
10 408
total
-
-
-
17 461
Employee
26 735
26 735
52 045
-
income
2 911
2 475
10 135
-
social contributions
1 011
2 219
2 993
-
health
207
455
885
-
total
4 129
5 149
14 013
-
Employer
26 735
26 735
52 045
-
social contributions
1 011
2 219
2 993
-
health
225
495
963
-
total
1 236
2 714
3 956
-
Corporate
42 585
26 551
-
-
income
5 323
3 319
-
-
total
5 323
3 319
-
-
Dividends
37 262
23 232
-
-
withholding
6 335
3 950
-
-
total
6 335
3 950
-
-
Income
56 000
56 000
56 000
56 000
Total tax
17 023
15 132
17 969
17 461
After tax
38 977
40 868
38 031
38 539
Living cost
8 050
8 050
8 050
8 050
Free-cash
30 927
32 818
29 981
30 489

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
Limassol , Cyprus
₴27262
₴28150
₴26754
₴29591
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
-
-
-
56 000
health
-
-
-
1 428
social contributions
-
-
-
5 625
income
-
-
-
10 408
total
-
-
-
17 461
Employee
26 735
26 735
52 045
-
income
2 807
2 475
10 135
-
social contributions
1 299
2 219
2 993
-
health
266
455
885
-
total
4 372
5 149
14 013
-
Employer
26 735
26 735
52 045
-
social contributions
1 299
2 219
2 993
-
health
290
495
963
-
total
1 589
2 714
3 956
-
Corporate
38 762
26 551
-
-
income
4 846
3 319
-
-
total
4 846
3 319
-
-
Dividends
33 916
23 232
-
-
withholding
5 766
3 950
-
-
total
5 766
3 950
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 573
15 132
17 969
17 461
After tax
39 427
40 868
38 031
38 539
Living cost
11 277
11 277
11 277
11 277
Free-cash
28 150
29 591
26 754
27 262

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
Brno , Czech Republic
₴23298
₴27647
₴20861
₴30515
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
-
-
-
56 000
health
-
-
-
7 560
social contributions
-
-
-
11 571
income
-
-
-
5 530
solidarity contribution
-
-
-
-
total
-
-
-
24 661
Employee
11 826
-
42 287
-
income
1 419
-
5 100
-
social contributions
769
-
2 576
-
health
1 596
-
5 709
-
solidarity contribution
-
-
-
-
total
3 784
-
13 385
-
Employer
11 826
-
42 287
-
social contributions
2 956
-
9 907
-
health
1 064
-
3 806
-
total
4 020
-
13 713
-
Corporate
40 154
56 000
-
-
income
7 629
10 640
-
-
total
7 629
10 640
-
-
Dividends
32 524
45 360
-
-
withholding
4 879
6 804
-
-
total
4 879
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 312
17 444
27 098
24 661
After tax
35 688
38 556
28 902
31 339
Living cost
8 041
8 041
8 041
8 041
Free-cash
27 647
30 515
20 861
23 298

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
Prague , Czech Republic
₴21430
₴25113
₴18993
₴28647
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
-
-
-
56 000
health
-
-
-
7 560
social contributions
-
-
-
11 571
income
-
-
-
5 530
solidarity contribution
-
-
-
-
total
-
-
-
24 661
Employee
14 572
-
42 287
-
income
1 749
-
5 100
-
social contributions
947
-
2 576
-
health
1 967
-
5 709
-
solidarity contribution
-
-
-
-
total
4 663
-
13 385
-
Employer
14 572
-
42 287
-
social contributions
3 643
-
9 907
-
health
1 311
-
3 806
-
total
4 954
-
13 713
-
Corporate
36 473
56 000
-
-
income
6 930
10 640
-
-
total
6 930
10 640
-
-
Dividends
29 543
45 360
-
-
withholding
4 431
6 804
-
-
total
4 431
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 978
17 444
27 098
24 661
After tax
35 022
38 556
28 902
31 339
Living cost
9 909
9 909
9 909
9 909
Free-cash
25 113
28 647
18 993
21 430

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
Copenhagen , Denmark
₴16551
-₴19959
-₴19959
-₴19959
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
-
-
-
56 000
national
-
-
-
6 397
pensions
-
-
-
302
municipal
-
-
-
11 504
labour market
-
-
-
4 456
total
-
-
-
22 659
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
56 000
56 000
56 000
56 000
Total tax
59 169
59 169
59 169
22 659
After tax
-3 169
-3 169
-3 169
33 341
Living cost
16 790
16 790
16 790
16 790
Free-cash
-19 959
-19 959
-19 959
16 551

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
Tallinn , Estonia
₴21618
₴34242
₴23880
₴36402
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
-
-
-
56 000
health
-
-
-
7 280
pensions
-
-
-
11 200
income
-
-
-
7 504
total
-
-
-
25 984
Employee
9 863
-
41 853
-
unemployment
158
-
670
-
income
1 110
-
8 069
-
pensions
197
-
837
-
total
1 465
-
9 576
-
Employer
9 863
-
41 853
-
pensions
1 973
-
8 370
-
health
1 282
-
5 441
-
unemployment
79
-
335
-
total
3 334
-
14 146
-
Corporate
42 803
56 000
-
-
income
8 561
11 200
-
-
total
8 561
11 200
-
-
Dividends
34 242
44 800
-
-
total
-
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
13 360
11 200
23 722
25 984
After tax
42 640
44 800
32 278
30 016
Living cost
8 398
8 398
8 398
8 398
Free-cash
34 242
36 402
23 880
21 618

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
Helsinki , Finland
₴23533
₴22818
₴16361
₴22068
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

-
-
-
56 000
national
-
-
-
8 451
health
-
-
-
717
municipal
-
-
-
9 951
total
-
-
-
19 119
Employee
18 292
-
47 111
-
unemployment
274
-
707
-
municipal
2 996
-
7 676
-
national
302
-
5 257
-
pensions
1 234
-
3 180
-
health
137
-
581
-
total
4 943
-
17 401
-
Employer
18 292
-
47 111
-
pensions
3 174
-
8 174
-
health
141
-
363
-
accident
18
-
47
-
unemployment
119
-
306
-
total
3 452
-
8 890
-
Corporate
34 256
56 000
-
-
income
6 851
11 200
-
-
total
6 851
11 200
-
-
Dividends

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

20 554
33 600
-
-
municipal
3 699
6 048
-
-
national
889
3 336
-
-
total
4 588
9 384
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 834
20 584
26 291
19 119
After tax
36 166
35 416
29 709
36 881
Living cost
13 348
13 348
13 348
13 348
Free-cash
22 818
22 068
16 361
23 533

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.

Marseille , France
₴20926
₴19437
₴20642
₴17507
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
-
-
-
56 000
surtax
-
-
-
-
health
-
-
-
2 204
pensions
-
-
-
10 485
social contributions
-
-
-
1 595
income
-
-
-
8 337
other
-
-
-
1 736
total
-
-
-
24 357
Employee
13 283
-
43 685
-
income
685
-
8 189
-
surtax
-
-
-
-
social contributions
379
-
1 244
-
pensions
1 502
-
2 894
-
total
2 566
-
12 327
-
Employer
13 283
-
43 685
-
pensions
2 183
-
4 898
-
social contributions
40
-
131
-
other
459
-
1 643
-
health
930
-
3 872
-
unemployment
538
-
1 770
-
total
4 150
-
12 314
-
Corporate
38 569
56 000
-
-
income
10 800
15 680
-
-
surtax
-
-
-
-
total
10 800
15 680
-
-
Dividends
27 770
40 320
-
-
withholding
3 554
5 161
-
-
social contributions
4 776
6 935
-
-
surtax
-
-
-
-
total
8 330
12 096
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 846
27 776
24 641
24 357
After tax
30 154
28 224
31 359
31 643
Living cost
10 717
10 717
10 717
10 717
Free-cash
19 437
17 507
20 642
20 926

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
Nice , France
₴19748
₴18383
₴19464
₴16329
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
-
-
-
56 000
surtax
-
-
-
-
health
-
-
-
2 204
pensions
-
-
-
10 485
social contributions
-
-
-
1 595
income
-
-
-
8 337
other
-
-
-
1 736
total
-
-
-
24 357
Employee
14 880
-
43 685
-
income
878
-
8 189
-
surtax
-
-
-
-
social contributions
424
-
1 244
-
pensions
1 682
-
2 894
-
total
2 984
-
12 327
-
Employer
14 880
-
43 685
-
pensions
2 445
-
4 898
-
social contributions
45
-
131
-
other
513
-
1 643
-
health
1 042
-
3 872
-
unemployment
602
-
1 770
-
total
4 647
-
12 314
-
Corporate
36 473
56 000
-
-
income
10 212
15 680
-
-
surtax
-
-
-
-
total
10 212
15 680
-
-
Dividends
26 260
40 320
-
-
withholding
3 362
5 161
-
-
social contributions
4 517
6 935
-
-
surtax
-
-
-
-
total
7 879
12 096
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 722
27 776
24 641
24 357
After tax
30 278
28 224
31 359
31 643
Living cost
11 895
11 895
11 895
11 895
Free-cash
18 383
16 329
19 464
19 748

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
Paris , France
₴14850
₴13821
₴14566
₴11431
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
-
-
-
56 000
surtax
-
-
-
-
health
-
-
-
2 204
pensions
-
-
-
10 485
social contributions
-
-
-
1 595
income
-
-
-
8 337
other
-
-
-
1 736
total
-
-
-
24 357
Employee
21 776
-
43 685
-
income
1 900
-
8 189
-
surtax
-
-
-
-
social contributions
620
-
1 244
-
pensions
2 463
-
2 894
-
total
4 983
-
12 327
-
Employer
21 776
-
43 685
-
pensions
3 578
-
4 898
-
social contributions
65
-
131
-
other
752
-
1 643
-
health
1 524
-
3 872
-
unemployment
882
-
1 770
-
total
6 801
-
12 314
-
Corporate
27 423
56 000
-
-
income
7 679
15 680
-
-
surtax
-
-
-
-
total
7 679
15 680
-
-
Dividends
19 744
40 320
-
-
withholding
2 527
5 161
-
-
social contributions
3 396
6 935
-
-
surtax
-
-
-
-
total
5 923
12 096
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 386
27 776
24 641
24 357
After tax
30 614
28 224
31 359
31 643
Living cost
16 793
16 793
16 793
16 793
Free-cash
13 821
11 431
14 566
14 850

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
Batumi , Georgia
₴53213
₴50555
₴42573
₴50973
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%.

-
-
-
56 000
microenterprise

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

-
-
-
560
total
-
-
-
560
Employee
2 784
-
56 000
-
income
557
-
11 200
-
total
557
-
11 200
-
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%.

53 216
56 000
-
-
total
-
-
-
-
Dividends
53 216
56 000
-
-
withholding
2 661
2 800
-
-
total
2 661
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
3 218
2 800
11 200
560
After tax
52 782
53 200
44 800
55 440
Living cost
2 227
2 227
2 227
2 227
Free-cash
50 555
50 973
42 573
53 213

Estimated living cost  is ₴2227 per week

₴1380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴61
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Tbilisi , Georgia
₴51969
₴49078
₴41329
₴49729
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%.

-
-
-
56 000
microenterprise

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

-
-
-
560
total
-
-
-
560
Employee
4 339
-
56 000
-
income
868
-
11 200
-
total
868
-
11 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

51 661
56 000
-
-
total
-
-
-
-
Dividends
51 661
56 000
-
-
withholding
2 583
2 800
-
-
total
2 583
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
3 451
2 800
11 200
560
After tax
52 549
53 200
44 800
55 440
Living cost
3 471
3 471
3 471
3 471
Free-cash
49 078
49 729
41 329
51 969

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.

Berlin , Germany
₴16837
₴19954
₴22553
₴15406
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.

-
-
-
56 000
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.

-
-
-
920
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.

-
-
-
16 729
trade
-
-
-
5 716
total
-
-
-
25 740
Employee

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

17 299
-
56 000
-
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.

1 423
-
16 729
-
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
-
920
-
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
-
20 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 701
56 000
-
-
trade
5 553
8 036
-
-
income
5 805
8 400
-
-
chamber of commerce
110
135
-
-
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.

319
462
-
-
total
11 787
17 033
-
-
Dividends
26 913
38 967
-
-
withholding
6 596
9 610
-
-
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.

363
528
-
-
total
6 959
10 138
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 623
27 171
20 024
25 740
After tax
33 377
28 829
35 976
30 260
Living cost
13 423
13 423
13 423
13 423
Free-cash
19 954
15 406
22 553
16 837

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.

Dresden , Germany
₴19171
₴21570
₴25445
₴17722
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.

-
-
-
56 000
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.

-
-
-
920
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.

-
-
-
16 729
trade
-
-
-
6 274
total
-
-
-
26 298
Employee

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

13 298
-
56 000
-
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.

371
-
16 729
-
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
-
920
-
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
-
20 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 702
56 000
-
-
trade
6 725
8 820
-
-
income
6 405
8 400
-
-
chamber of commerce
114
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.

352
462
-
-
total
13 596
17 815
-
-
Dividends
29 105
38 185
-
-
withholding
7 144
9 414
-
-
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.

393
518
-
-
total
7 537
9 932
-
-
Income
56 000
56 000
56 000
56 000
Total tax
23 899
27 747
20 024
26 298
After tax
32 101
28 253
35 976
29 702
Living cost
10 531
10 531
10 531
10 531
Free-cash
21 570
17 722
25 445
19 171

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.

Hamburg , Germany
₴15765
₴19192
₴22318
₴14306
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.

-
-
-
56 000
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.

-
-
-
920
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.

-
-
-
16 729
trade
-
-
-
6 553
total
-
-
-
26 577
Employee

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

17 632
-
56 000
-
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.

1 515
-
16 729
-
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
-
920
-
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
-
20 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 368
56 000
-
-
trade
6 312
9 212
-
-
income
5 755
8 400
-
-
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.

317
462
-
-
total
12 492
18 207
-
-
Dividends
25 877
37 794
-
-
withholding
6 337
9 316
-
-
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.

348
513
-
-
total
6 685
9 829
-
-
Income
56 000
56 000
56 000
56 000
Total tax
23 150
28 036
20 024
26 577
After tax
32 850
27 964
35 976
29 423
Living cost
13 658
13 658
13 658
13 658
Free-cash
19 192
14 306
22 318
15 765

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.

Munich , Germany
₴13216
₴17387
₴20048
₴11749
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.

-
-
-
56 000
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.

-
-
-
920
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.

-
-
-
16 729
trade
-
-
-
6 832
total
-
-
-
26 856
Employee

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

20 895
-
56 000
-
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.

2 457
-
16 729
-
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
-
920
-
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
-
20 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 105
56 000
-
-
trade
6 021
9 604
-
-
income
5 266
8 400
-
-
chamber of commerce
102
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.

290
462
-
-
total
11 679
18 597
-
-
Dividends
23 427
37 403
-
-
withholding
5 724
9 219
-
-
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.

315
507
-
-
total
6 039
9 726
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 685
28 323
20 024
26 856
After tax
33 315
27 677
35 976
29 144
Living cost
15 928
15 928
15 928
15 928
Free-cash
17 387
11 749
20 048
13 216

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.

Athens , Greece
₴18760
₴26309
₴16597
₴27415
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
-
-
-
56 000
surtax
-
-
-
2 154
unemployment
-
-
-
79
health
-
-
-
3 294
pensions
-
-
-
9 281
income
-
-
-
14 623
other
-
-
-
-
total
-
-
-
29 431
Employee
11 709
-
46 262
-
unemployment
815
-
3 220
-
other
-
-
-
-
income
1 963
-
12 567
-
surtax
42
-
1 804
-
pensions
781
-
3 086
-
health
299
-
1 179
-
total
3 900
-
21 856
-
Employer
11 709
-
46 262
-
pensions
1 561
-
6 166
-
other
-
-
-
-
health
532
-
2 105
-
unemployment
371
-
1 467
-
total
2 464
-
9 738
-
Corporate
41 826
56 000
-
-
income
10 875
14 560
-
-
total
10 875
14 560
-
-
Dividends
30 952
41 440
-
-
withholding
4 643
6 216
-
-
total
4 643
6 216
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 882
20 776
31 594
29 431
After tax
34 118
35 224
24 406
26 569
Living cost
7 809
7 809
7 809
7 809
Free-cash
26 309
27 415
16 597
18 760

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
Thessaloniki , Greece
₴18897
₴26470
₴16734
₴27552
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
-
-
-
56 000
surtax
-
-
-
2 154
unemployment
-
-
-
79
health
-
-
-
3 294
pensions
-
-
-
9 281
income
-
-
-
14 623
other
-
-
-
-
total
-
-
-
29 431
Employee
11 498
-
46 262
-
unemployment
800
-
3 220
-
other
-
-
-
-
income
1 927
-
12 567
-
surtax
38
-
1 804
-
pensions
767
-
3 086
-
health
294
-
1 179
-
total
3 826
-
21 856
-
Employer
11 498
-
46 262
-
pensions
1 533
-
6 166
-
other
-
-
-
-
health
523
-
2 105
-
unemployment
364
-
1 467
-
total
2 420
-
9 738
-
Corporate
42 082
56 000
-
-
income
10 941
14 560
-
-
total
10 941
14 560
-
-
Dividends
31 141
41 440
-
-
withholding
4 671
6 216
-
-
total
4 671
6 216
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 858
20 776
31 594
29 431
After tax
34 142
35 224
24 406
26 569
Living cost
7 672
7 672
7 672
7 672
Free-cash
26 470
27 552
16 734
18 897

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
Budapest , Hungary
₴31841
₴24672
₴25511
₴24529
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
-
-
-
56 000
unemployment
-
-
-
840
health
-
-
-
3 920
pensions
-
-
-
5 600
income
-
-
-
6 846
total
-
-
-
17 206
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
46 862
-
unemployment
151
60
703
-
income
1 227
488
5 729
-
pensions
1 004
399
4 686
-
health
703
280
3 280
-
total
3 085
1 227
14 398
-
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
46 862
-
pensions
1 957
779
9 138
-
total
1 957
779
9 138
-
Corporate
44 006
51 227
-
-
income
3 961
4 610
-
-
total
3 961
4 610
-
-
Dividends
40 046
46 616
-
-
withholding
7 609
8 857
-
-
social contributions
7 763
9 045
-
-
total
15 372
17 902
-
-
Income
56 000
56 000
56 000
56 000
Total tax
24 375
24 518
23 536
17 206
After tax
31 625
31 482
32 464
38 794
Living cost
6 953
6 953
6 953
6 953
Free-cash
24 672
24 529
25 511
31 841

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
Reykjavik , Iceland
₴16289
₴17874
₴16729
₴18154
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
-
-
-
56 000
national
-
-
-
9 481
pensions
-
-
-
6 720
social contributions
-
-
-
602
municipal
-
-
-
6 118
total
-
-
-
22 921
Employee
26 027
-
48 411
-
municipal
3 215
-
6 335
-
national
4 982
-
9 817
-
pensions
1 041
-
1 936
-
total
9 238
-
18 088
-
Employer
26 027
-
48 411
-
pensions
2 082
-
3 873
-
social contributions
280
-
520
-
total
2 362
-
4 393
-
Corporate
25 893
56 000
-
-
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%.

5 179
11 200
-
-
total
5 179
11 200
-
-
Dividends
20 715
44 800
-
-
withholding
4 557
9 856
-
-
total
4 557
9 856
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 336
21 056
22 481
22 921
After tax
34 664
34 944
33 519
33 079
Living cost
16 790
16 790
16 790
16 790
Free-cash
17 874
18 154
16 729
16 289

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.

Dublin , Ireland
₴10320
₴20162
₴10320
₴19394
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
-
-
-
56 000
social contributions
-
-
-
9 221
income
-
-
-
16 653
total
-
-
-
25 874
Employee
27 197
-
56 000
-
social contributions
2 259
-
9 221
-
income
5 132
-
16 653
-
total
7 391
-
25 874
-
Employer
27 197
-
56 000
-
total
-
-
-
-
Corporate
28 803
56 000
-
-
income
3 600
7 000
-
-
total
3 600
7 000
-
-
Dividends
25 203
49 000
-
-
withholding
5 041
9 800
-
-
total
5 041
9 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 032
16 800
25 874
25 874
After tax
39 968
39 200
30 126
30 126
Living cost
19 806
19 806
19 806
19 806
Free-cash
20 162
19 394
10 320
10 320

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.

Milan , Italy
₴12400
₴13392
₴9870
₴15207
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
-
-
-
56 000
national
-
-
-
13 538
regional
-
-
-
655
social contributions
-
-
-
14 403
municipal
-
-
-
333
total
-
-
-
28 929
Employee
30 900
-
56 000
-
municipal
164
-
297
-
national
5 354
-
11 701
-
social contributions
10 419
-
18 883
-
regional
292
-
578
-
total
16 229
-
31 459
-
Employer
30 900
-
56 000
-
total
-
-
-
-
Corporate
25 100
56 000
-
-
nationa
6 024
13 440
-
-
municipal
979
2 184
-
-
total
7 003
15 624
-
-
Dividends
18 097
40 376
-
-
withholding
4 705
10 498
-
-
total
4 705
10 498
-
-
Income
56 000
56 000
56 000
56 000
Total tax
27 937
26 122
31 459
28 929
After tax
28 063
29 878
24 541
27 071
Living cost
14 671
14 671
14 671
14 671
Free-cash
13 392
15 207
9 870
12 400

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
Naples , Italy
₴17516
₴19295
₴15000
₴20069
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
-
-
-
56 000
national
-
-
-
13 538
regional
-
-
-
844
social contributions
-
-
-
14 403
municipal
-
-
-
333
total
-
-
-
29 118
Employee
19 286
-
56 000
-
municipal
102
-
297
-
national
3 056
-
11 701
-
social contributions
6 504
-
18 883
-
regional
260
-
753
-
total
9 922
-
31 634
-
Employer
19 286
-
56 000
-
total
-
-
-
-
Corporate
36 714
56 000
-
-
nationa
8 812
13 440
-
-
municipal
1 825
2 783
-
-
total