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

Valencia , Spain
₴27588
₴21757
₴23034
₴28932
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
-
-
-
197
income
-
-
-
16 139
other
-
-
-
28
accident
-
-
-
254
pensions
-
-
-
7 981
total
-
-
-
24 599
Employee
11 251
-
47 009
-
unemployment
174
-
437
-
pensions
529
-
1 326
-
income
2 169
-
15 094
-
other
11
-
28
-
total
2 883
-
16 885
-
Employer
11 251
-
47 009
-
pensions
2 655
-
6 656
-
accident
223
-
558
-
unemployment
619
-
1 551
-
other
90
-
226
-
total
3 587
-
8 991
-
Corporate
41 162
56 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

6 174
8 400
-
-
total
6 174
8 400
-
-
Dividends
34 988
47 600
-
-
withholding
7 401
10 301
-
-
total
7 401
10 301
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 045
18 701
25 876
24 599
After tax
35 955
37 299
30 124
31 401
Living cost
8 367
8 367
8 367
8 367
Free-cash
27 588
28 932
21 757
23 034

Estimated living cost  is ₴8367 per week

₴5648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1769
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
Bratislava , Slovakia
₴30981
₴23574
₴23675
₴33035
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
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
11 105
income
-
-
-
8 878
other
-
-
-
2 198
health
-
-
-
2 036
total
-
-
-
24 217
Employee
11 048
-
44 728
-
health
155
-
626
-
unemployment
110
-
447
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

773
-
3 131
-
income
1 902
-
8 843
-
total
2 940
-
13 047
-
Employer
11 048
-
44 728
-
health
155
-
626
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 878
-
7 604
-
accident
88
-
358
-
unemployment
110
-
447
-
other
553
-
2 236
-
total
2 784
-
11 271
-
Corporate
42 168
56 000
-
-
income
8 855
11 760
-
-
total
8 855
11 760
-
-
Dividends
33 313
44 240
-
-
withholding
2 332
3 097
-
-
total
2 332
3 097
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 911
14 857
24 318
24 217
After tax
39 089
41 143
31 682
31 783
Living cost
8 108
8 108
8 108
8 108
Free-cash
30 981
33 035
23 574
23 675

Estimated living cost  is ₴8108 per week

₴5728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴130
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.
₴1701
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
₴42480
₴42997
₴40777
₴43893
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
pensions

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

-
-
-
1 572
unemployment
-
-
-
42
income
-
-
-
8 400
health
-
-
-
1 222
total
-
-
-
11 236
Employee
5 280
-
53 916
-
health
243
-
489
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
pensions

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

464
-
933
-
income
528
-
5 392
-
total
1 293
-
6 931
-
Employer
5 280
-
53 916
-
health
364
-
733
-
pensions

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

582
-
1 171
-
accident

We are using the highest rate at 1.1%.

58
-
117
-
unemployment
32
-
64
-
total
1 036
-
2 085
-
Corporate
49 684
56 000
-
-
income
4 968
5 600
-
-
total
4 968
5 600
-
-
Dividends
44 716
50 400
-
-
withholding
2 236
2 520
-
-
total
2 236
2 520
-
-
Income
56 000
56 000
56 000
56 000
Total tax
9 533
8 120
9 016
11 236
After tax
46 467
47 880
46 984
44 764
Living cost
3 987
3 987
3 987
3 987
Free-cash
42 480
43 893
42 997
40 777

Estimated living cost  is ₴3987 per week

₴2328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
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.
₴1269
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
₴19612
₴20087
₴21109
₴17814
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
income
-
-
-
8 950
other
-
-
-
1 736
health
-
-
-
2 443
social contributions
-
-
-
1 595
pensions
-
-
-
9 757
surtax
-
-
-
-
total
-
-
-
24 481
Employee
13 022
-
43 259
-
pensions
1 472
-
3 042
-
income
769
-
8 487
-
social contributions
371
-
1 233
-
surtax
-
-
-
-
total
2 612
-
12 762
-
Employer
13 022
-
43 259
-
health
912
-
4 043
-
social contributions
39
-
130
-
pensions
2 139
-
5 114
-
unemployment
527
-
1 752
-
other
449
-
1 702
-
total
4 066
-
12 741
-
Corporate
38 911
56 000
-
-
income
10 895
15 680
-
-
surtax
-
-
-
-
total
10 895
15 680
-
-
Dividends
28 016
40 320
-
-
social contributions
4 819
6 935
-
-
surtax
-
-
-
-
withholding
3 586
5 161
-
-
total
8 405
12 096
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 978
27 776
25 503
24 481
After tax
30 022
28 224
30 497
31 519
Living cost
10 410
10 410
10 410
10 410
Free-cash
19 612
17 814
20 087
21 109

Estimated living cost  is ₴10410 per week

₴6564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴846
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.
₴2823
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
Rotterdam , Netherlands
₴13152
₴22503
₴18003
₴15017
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
pensions
-
-
-
3 565
income
-
-
-
17 934
health
-
-
-
3 752
total
-
-
-
25 251
Employee
25 983
25 983
50 345
-
health
3 988
3 392
3 752
-
pensions
4 677
3 565
3 565
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

4 253
4 253
7 780
-
total
12 918
11 210
15 097
-
Employer
25 983
25 983
50 345
-
health
1 806
1 806
2 244
-
pensions
1 808
1 808
2 248
-
unemployment
935
935
1 162
-
total
4 549
4 549
5 654
-
Corporate
25 785
25 467
-
-
income
5 157
5 093
-
-
total
5 157
5 093
-
-
Dividends
20 628
20 373
-
-
income
4 384
4 329
-
-
withholding
3 094
3 056
-
-
total
7 478
7 385
-
-
Income
56 000
56 000
56 000
56 000
Total tax
30 102
28 237
20 751
25 251
After tax
25 898
27 763
35 249
30 749
Living cost
12 746
12 746
12 746
12 746
Free-cash
13 152
15 017
22 503
18 003

Estimated living cost  is ₴12746 per week

₴9033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1149
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.
₴2362
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
Dresden , Germany
₴22390
₴26161
₴19569
₴19025
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
trade
-
-
-
6 592
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.

-
-
-
17 577
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.

-
-
-
2 079
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.

-
-
-
967
total
-
-
-
27 215
Employee

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

11 638
-
56 000
-
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.

2 079
-
2 079
-
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.

325
-
17 577
-
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.

18
-
967
-
total
2 422
-
20 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 362
56 000
-
-
income
6 654
8 400
-
-
trade
6 987
8 820
-
-
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.

366
462
-
-
chamber of commerce
110
126
-
-
total
14 117
17 808
-
-
Dividends
30 245
38 192
-
-
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.

409
519
-
-
withholding
7 446
9 432
-
-
total
7 855
9 951
-
-
Income
56 000
56 000
56 000
56 000
Total tax
24 394
27 759
20 623
27 215
After tax
31 606
28 241
35 377
28 785
Living cost
9 216
9 216
9 216
9 216
Free-cash
22 390
19 025
26 161
19 569

Estimated living cost  is ₴9216 per week

₴5797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴172
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.
₴2172
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.

Larnaca , Cyprus
₴32142
₴30625
₴31111
₴33799
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
income
-
-
-
11 493
health
-
-
-
1 428
social contributions
-
-
-
4 923
total
-
-
-
17 844
Employee
23 397
23 397
52 411
-
health
181
398
891
-
income
2 548
2 166
11 232
-
social contributions
885
1 942
2 619
-
total
3 614
4 506
14 742
-
Employer
23 397
23 397
52 411
-
health
197
433
969
-
social contributions
885
1 942
2 619
-
total
1 082
2 375
3 588
-
Corporate
44 260
30 228
-
-
income
5 533
3 779
-
-
total
5 533
3 779
-
-
Dividends
38 728
26 450
-
-
withholding
6 584
4 496
-
-
total
6 584
4 496
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 813
15 156
18 330
17 844
After tax
39 187
40 844
37 670
38 156
Living cost
7 045
7 045
7 045
7 045
Free-cash
32 142
33 799
30 625
31 111

Estimated living cost  is ₴7045 per week

₴4222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴156
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.
₴1976
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
Lisbon , Portugal
₴22001
₴16047
₴20293
₴22309
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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
56 000
income
-
-
-
6 703
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
19 460
surtax
-
-
-
-
total
-
-
-
26 163
Employee
13 994
-
45 253
-
income
2 911
-
14 684
-
social contributions
1 539
-
4 978
-
surtax
-
-
-
-
total
4 450
-
19 662
-
Employer
13 994
-
45 253
-
social contributions
3 324
-
10 747
-
total
3 324
-
10 747
-
Corporate
38 682
56 000
-
-
income
8 124
11 760
-
-
surtax
-
-
-
-
total
8 124
11 760
-
-
Dividends
30 559
44 240
-
-
withholding
8 557
12 387
-
-
total
8 557
12 387
-
-
Income
56 000
56 000
56 000
56 000
Total tax
24 455
24 147
30 409
26 163
After tax
31 545
31 853
25 591
29 837
Living cost
9 544
9 544
9 544
9 544
Free-cash
22 001
22 309
16 047
20 293

Estimated living cost  is ₴9544 per week

₴7141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
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.
₴1681
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
₴50400
₴42442
₴53082
₴50842
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
2 948
-
56 000
-
income
589
-
11 200
-
total
589
-
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%.

53 052
56 000
-
-
total
-
-
-
-
Dividends
53 052
56 000
-
-
withholding
2 653
2 800
-
-
total
2 653
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
3 242
2 800
11 200
560
After tax
52 758
53 200
44 800
55 440
Living cost
2 358
2 358
2 358
2 358
Free-cash
50 400
50 842
42 442
53 082

Estimated living cost  is ₴2358 per week

₴1461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴65
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.
₴636
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.

Ljubljana , Slovenia
₴27850
₴17585
₴19068
₴30395
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

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
56 000
pensions
-
-
-
10 227
unemployment
-
-
-
84
income
-
-
-
12 950
health
-
-
-
5 510
total
-
-
-
28 771
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 455
-
48 456
-
health
869
-
3 130
-
unemployment
19
-
68
-
pensions
2 086
-
7 510
-
income
2 320
-
12 002
-
total
5 294
-
22 710
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

13 455
-
48 456
-
health
896
-
3 227
-
pensions
1 191
-
4 288
-
unemployment
8
-
29
-
total
2 095
-
7 544
-
Corporate
40 450
56 000
-
-
income
7 685
10 640
-
-
total
7 685
10 640
-
-
Dividends
32 765
45 360
-
-
withholding
4 915
6 804
-
-
total
4 915
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 989
17 444
30 254
28 771
After tax
36 011
38 556
25 746
27 229
Living cost
8 161
8 161
8 161
8 161
Free-cash
27 850
30 395
17 585
19 068

Estimated living cost  is ₴8161 per week

₴5601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴523
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.
₴1879
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
Sliema , Malta
₴24811
₴28625
₴34370
₴23747
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 use The Residence Programme or The Global Residence Programme.

-
-
-
56 000
income
-
-
-
8 661
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
1 924
total
-
-
-
10 585
Employee
13 958
-
54 600
-
social contributions
1 398
-
1 400
-
income
1 515
-
13 530
-
total
2 913
-
14 930
-
Employer
13 958
-
54 600
-
social contributions
1 398
-
1 400
-
total
1 398
-
1 400
-
Corporate
40 643
56 000
-
-
income
14 225
19 600
-
-
total
14 225
19 600
-
-
Dividends
26 418
36 400
-
-
social contributions
1 608
1 608
-
-
total
1 608
1 608
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 144
21 208
16 330
10 585
After tax
35 856
34 792
39 670
45 415
Living cost
11 045
11 045
11 045
11 045
Free-cash
24 811
23 747
28 625
34 370

Estimated living cost  is ₴11045 per week

₴7275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴871
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.
₴2729
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
Vilnius , Lithuania
₴27871
₴28286
₴29511
₴27713
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
income
-
-
-
8 400
health
-
-
-
3 909
social contributions
-
-
-
7 728
total
-
-
-
20 037
Employee
10 317
-
56 000
-
health
720
-
3 909
-
income
1 721
-
9 625
-
social contributions
1 424
-
7 728
-
total
3 865
-
21 262
-
Employer
10 317
-
56 000
-
total
-
-
-
-
Corporate
45 683
56 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

2 284
2 800
-
-
total
2 284
2 800
-
-
Dividends
43 399
53 200
-
-
social contributions
5 989
7 342
-
-
withholding
6 510
7 980
-
-
health
3 029
3 713
-
-
total
15 528
19 035
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 677
21 835
21 262
20 037
After tax
34 323
34 165
34 738
35 963
Living cost
6 452
6 452
6 452
6 452
Free-cash
27 871
27 713
28 286
29 511

Estimated living cost  is ₴6452 per week

₴4318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
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.
₴1587
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
₴27001
₴21533
₴23893
₴30039
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
income
-
-
-
5 774
health
-
-
-
7 560
social contributions
-
-
-
9 946
solidarity contribution
-
-
-
310
total
-
-
-
23 590
Employee
12 525
-
43 564
-
health
1 691
-
5 881
-
solidarity contribution
-
-
99
-
income
1 503
-
5 320
-
social contributions
814
-
2 214
-
total
4 008
-
13 514
-
Employer
12 525
-
43 564
-
health
1 127
-
3 921
-
social contributions
3 131
-
8 515
-
total
4 258
-
12 436
-
Corporate
39 216
56 000
-
-
income
7 451
10 640
-
-
total
7 451
10 640
-
-
Dividends
31 765
45 360
-
-
withholding
4 765
6 804
-
-
total
4 765
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 482
17 444
25 950
23 590
After tax
35 518
38 556
30 050
32 410
Living cost
8 517
8 517
8 517
8 517
Free-cash
27 001
30 039
21 533
23 893

Estimated living cost  is ₴8517 per week

₴6334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴147
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.
₴1564
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
Tbilisi , Georgia
₴48836
₴41125
₴51765
₴49525
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
4 594
-
56 000
-
income
919
-
11 200
-
total
919
-
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%.

51 406
56 000
-
-
total
-
-
-
-
Dividends
51 406
56 000
-
-
withholding
2 570
2 800
-
-
total
2 570
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
3 489
2 800
11 200
560
After tax
52 511
53 200
44 800
55 440
Living cost
3 675
3 675
3 675
3 675
Free-cash
48 836
49 525
41 125
51 765

Estimated living cost  is ₴3675 per week

₴2487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴123
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.
₴910
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.

Paris , France
₴15621
₴15801
₴16823
₴13528
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
income
-
-
-
8 950
other
-
-
-
1 736
health
-
-
-
2 443
social contributions
-
-
-
1 595
pensions
-
-
-
9 757
surtax
-
-
-
-
total
-
-
-
24 481
Employee
19 057
-
43 259
-
pensions
2 155
-
3 042
-
income
1 663
-
8 487
-
social contributions
543
-
1 233
-
surtax
-
-
-
-
total
4 361
-
12 762
-
Employer
19 057
-
43 259
-
health
1 334
-
4 043
-
social contributions
57
-
130
-
pensions
3 131
-
5 114
-
unemployment
772
-
1 752
-
other
658
-
1 702
-
total
5 952
-
12 741
-
Corporate
30 991
56 000
-
-
income
8 677
15 680
-
-
surtax
-
-
-
-
total
8 677
15 680
-
-
Dividends
22 314
40 320
-
-
social contributions
3 837
6 935
-
-
surtax
-
-
-
-
withholding
2 856
5 161
-
-
total
6 693
12 096
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 683
27 776
25 503
24 481
After tax
30 317
28 224
30 497
31 519
Living cost
14 696
14 696
14 696
14 696
Free-cash
15 621
13 528
15 801
16 823

Estimated living cost  is ₴14696 per week

₴9946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1202
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.
₴3346
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
Belgrade , Serbia
₴33723
₴29546
₴29547
₴35214
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

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
56 000
pensions
-
-
-
5 829
unemployment
-
-
-
336
income
-
-
-
12 733
health
-
-
-
2 309
total
-
-
-
21 207
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 911
-
51 987
-
health
407
-
1 155
-
unemployment
59
-
168
-
pensions
1 108
-
3 139
-
income
1 090
-
12 733
-
total
2 664
-
17 195
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

7 911
-
51 987
-
health
407
-
1 155
-
pensions
949
-
2 690
-
unemployment
59
-
168
-
total
1 415
-
4 013
-
Corporate
46 673
56 000
-
-
income
7 001
8 400
-
-
total
7 001
8 400
-
-
Dividends
39 672
47 600
-
-
withholding
5 951
7 140
-
-
total
5 951
7 140
-
-
Income
56 000
56 000
56 000
56 000
Total tax
17 031
15 540
21 208
21 207
After tax
38 969
40 460
34 792
34 793
Living cost
5 246
5 246
5 246
5 246
Free-cash
33 723
35 214
29 546
29 547

Estimated living cost  is ₴5246 per week

₴3532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴152
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.
₴1156
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
Zurich , Switzerland
₴13769
₴21767
₴24002
₴4918
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
pensions
-
-
-
5 152
city
-
-
-
590
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 120
health
-
-
-
126
regional
-
-
-
3 027
national
-
-
-
1 294
total
-
-
-
11 309
Employee
24 212
-
50 290
-
health
55
-
113
-
unemployment
-
-
-
-
city
260
-
543
-
pensions
2 034
-
4 037
-
regional
793
-
2 666
-
national
115
-
1 029
-
total
3 257
-
8 388
-
Employer
24 212
-
50 290
-
health
55
-
113
-
pensions
2 034
-
4 037
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

484
-
1 006
-
total
2 573
-
5 156
-
Corporate
28 949
56 000
-
-
regional
6 123
11 844
-
-
national
2 461
4 760
-
-
total
8 584
16 604
-
-
Dividends
20 366
39 396
-
-
withholding
7 128
13 789
-
-
total
7 128
13 789
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 542
30 393
13 544
11 309
After tax
34 458
25 607
42 456
44 691
Living cost
20 689
20 689
20 689
20 689
Free-cash
13 769
4 918
21 767
24 002

Estimated living cost  is ₴20689 per week

₴13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴5125
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

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₴24083
₴17541
₴24088
₴23259
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
municipal
-
-
-
9 948
health
-
-
-
736
national
-
-
-
9 546
total
-
-
-
20 230
Employee
16 008
-
47 110
-
health
120
-
599
-
unemployment
240
-
707
-
pensions
1 080
-
3 180
-
national
264
-
5 728
-
municipal
2 622
-
7 673
-
total
4 326
-
17 887
-
Employer
16 008
-
47 110
-
health
123
-
363
-
pensions
2 777
-
8 174
-
accident
16
-
47
-
unemployment
104
-
306
-
total
3 020
-
8 890
-
Corporate
36 971
56 000
-
-
income
7 394
11 200
-
-
total
7 394
11 200
-
-
Dividends

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

22 183
33 600
-
-
municipal
3 993
6 048
-
-
national
1 502
3 811
-
-
total
5 495
9 859
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 235
21 059
26 777
20 230
After tax
35 765
34 941
29 223
35 770
Living cost
11 682
11 682
11 682
11 682
Free-cash
24 083
23 259
17 541
24 088

Estimated living cost  is ₴11682 per week

₴7630
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.
₴186
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.
₴2742
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.

Brussels , Belgium
₴15657
₴8489
₴13199
₴20220
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
communal

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

-
-
-
2 905
social contributions
-
-
-
7 586
national
-
-
-
21 216
total
-
-
-
31 707
Employee

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

21 765
-
43 374
-
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.

1 023
-
2 039
-
communal

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

1 135
-
2 262
-
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.

189
-
378
-
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.

1 632
-
3 253
-
national
6 691
-
15 860
-
total
10 670
-
23 792
-
Employer

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

21 765
-
43 374
-
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.

1 338
-
2 667
-
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.

1 929
-
3 843
-
surtax
2 468
-
4 918
-
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.

283
-
564
-
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.

318
-
633
-
total
6 336
-
12 625
-
Corporate
27 900
56 000
-
-
income
5 580
11 200
-
-
surtax
111
224
-
-
total
5 691
11 424
-
-
Dividends
22 209
44 576
-
-
withholding

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

6 552
13 262
-
-
total
6 552
13 262
-
-
Income
56 000
56 000
56 000
56 000
Total tax
29 249
24 686
36 417
31 707
After tax
26 751
31 314
19 583
24 293
Living cost
11 094
11 094
11 094
11 094
Free-cash
15 657
20 220
8 489
13 199

Estimated living cost  is ₴11094 per week

₴7146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
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.
₴2804
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
Stockholm , Sweden
₴17087
₴15381
₴15701
₴17382
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
-
-
-
29
municipal
-
-
-
14 201
other
-
-
-
3 360
health
-
-
-
1 804
national
-
-
-
4 527
accident
-
-
-
58
pensions
-
-
-
3 126
total
-
-
-
27 105
Employee
18 801
-
46 914
-
national
-
-
4 350
-
municipal
5 606
-
13 990
-
total
5 606
-
18 340
-
Employer
18 801
-
46 914
-
health
1 156
-
1 778
-
pensions
2 032
-
3 126
-
accident
38
-
58
-
unemployment
496
-
763
-
other
2 185
-
3 360
-
total
5 907
-
9 085
-
Corporate
31 292
56 000
-
-
income
6 884
12 320
-
-
total
6 884
12 320
-
-
Dividends
24 408
43 680
-
-
withholding
7 322
13 104
-
-
total
7 322
13 104
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 719
25 424
27 425
27 105
After tax
30 281
30 576
28 575
28 895
Living cost
13 194
13 194
13 194
13 194
Free-cash
17 087
17 382
15 381
15 701

Estimated living cost  is ₴13194 per week

₴8745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1295
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.
₴2955
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
Oslo , Norway
₴3205
₴36843
₴24019
₴19389
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
income
-
-
-
10 916
social contributions
-
-
-
6 384
total
-
-
-
17 300
Employee
21 051
-
-
-
income
4 643
-
-
-
social contributions
1 726
-
246
-
total
6 369
-
246
-
Employer
21 051
-
-
-
social contributions
29 682
-
4 230
-
total
29 682
-
4 230
-
Corporate
5 268
56 000
-
-
income
1 159
12 320
-
-
total
1 159
12 320
-
-
Dividends
4 109
43 680
-
-
income
904
9 610
-
-
total
904
9 610
-
-
Income
56 000
56 000
56 000
56 000
Total tax
38 114
21 930
4 476
17 300
After tax
17 886
34 070
51 524
38 700
Living cost
14 681
14 681
14 681
14 681
Free-cash
3 205
19 389
36 843
24 019

Estimated living cost  is ₴14681 per week

₴9526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
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.
₴3588
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
₴29714
₴27801
₴28287
₴30975
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
income
-
-
-
11 493
health
-
-
-
1 428
social contributions
-
-
-
4 923
total
-
-
-
17 844
Employee
23 397
23 397
52 411
-
health
233
398
891
-
income
2 457
2 166
11 232
-
social contributions
1 137
1 942
2 619
-
total
3 827
4 506
14 742
-
Employer
23 397
23 397
52 411
-
health
253
433
969
-
social contributions
1 137
1 942
2 619
-
total
1 390
2 375
3 588
-
Corporate
40 914
30 228
-
-
income
5 114
3 779
-
-
total
5 114
3 779
-
-
Dividends
35 800
26 450
-
-
withholding
6 086
4 496
-
-
total
6 086
4 496
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 417
15 156
18 330
17 844
After tax
39 583
40 844
37 670
38 156
Living cost
9 869
9 869
9 869
9 869
Free-cash
29 714
30 975
27 801
28 287

Estimated living cost  is ₴9869 per week

₴6746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴166
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.
₴2186
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
Edinburgh , United Kingdom
₴27021
₴20850
₴25896
₴25280
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
income
-
-
-
16 450
pensions
-
-
-
2 730
total
-
-
-
19 180
Employee
14 994
-
48 880
-
health
196
-
692
-
pensions
1 144
-
3 327
-
income
2 731
-
13 087
-
total
4 071
-
17 106
-
Employer
14 994
-
48 880
-
health
285
-
929
-
pensions
1 515
-
6 191
-
total
1 800
-
7 120
-
Corporate
39 206
56 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

7 449
10 640
-
-
total
7 449
10 640
-
-
Dividends
31 757
45 360
-
-
withholding
4 735
9 156
-
-
total
4 735
9 156
-
-
Income
56 000
56 000
56 000
56 000
Total tax
18 055
19 796
24 226
19 180
After tax
37 945
36 204
31 774
36 820
Living cost
10 924
10 924
10 924
10 924
Free-cash
27 021
25 280
20 850
25 896

Estimated living cost  is ₴10924 per week

₴7494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1005
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.
₴2288
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₴15992
₴11380
₴13840
₴17376
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
municipal
-
-
-
374
regional
-
-
-
1 285
social contributions
-
-
-
14 403
national
-
-
-
13 977
total
-
-
-
30 039
Employee
25 640
-
56 000
-
social contributions
8 646
-
18 883
-
regional
387
-
1 141
-
national
4 333
-
12 141
-
municipal
153
-
334
-
total
13 519
-
32 499
-
Employer
25 640
-
56 000
-
total
-
-
-
-
Corporate
30 360
56 000
-
-
nationa
7 286
13 440
-
-
municipal
1 463
2 699
-
-
total
8 749
16 139
-
-
Dividends
21 611
39 861
-
-
withholding
5 619
10 364
-
-
total
5 619
10 364
-
-
Income
56 000
56 000
56 000
56 000
Total tax
27 887
26 503
32 499
30 039
After tax
28 113
29 497
23 501
25 961
Living cost
12 121
12 121
12 121
12 121
Free-cash
15 992
17 376
11 380
13 840

Estimated living cost  is ₴12121 per week

₴8514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
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.
₴2590
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
Gdansk , Poland
₴3538
₴24058
₴31768
-₴1964
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
pensions
-
-
-
1 229
income
-
-
-
15 675
other
-
-
-
109
health
-
-
-
644
accident
-
-
-
75
total
-
-
-
17 732
Employee
10 225
-
50 658
-
health
1 171
-
5 800
-
pensions
1 151
-
2 254
-
income
1 403
-
12 046
-
total
3 725
-
20 100
-
Employer
10 225
-
50 658
-
pensions
1 663
-
3 255
-
accident
171
-
846
-
unemployment
251
-
1 241
-
total
2 085
-
5 342
-
Corporate
43 691
56 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

39 322
50 400
-
-
total
39 322
50 400
-
-
Dividends
4 369
5 600
-
-
withholding
830
1 064
-
-
total
830
1 064
-
-
Income
56 000
56 000
56 000
56 000
Total tax
45 962
51 464
25 442
17 732
After tax
10 038
4 536
30 558
38 268
Living cost
6 500
6 500
6 500
6 500
Free-cash
3 538
-1 964
24 058
31 768

Estimated living cost  is ₴6500 per week

₴4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴136
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.
₴1240
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

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₴21048
₴23630
₴17624
₴17070
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
trade
-
-
-
6 006
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.

-
-
-
17 577
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.

-
-
-
2 079
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.

-
-
-
967
total
-
-
-
26 629
Employee

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

15 139
-
56 000
-
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.

2 079
-
2 079
-
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.

1 245
-
17 577
-
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.

69
-
967
-
total
3 393
-
20 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 861
56 000
-
-
income
6 129
8 400
-
-
trade
5 864
8 036
-
-
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.

337
462
-
-
chamber of commerce
106
128
-
-
total
12 436
17 026
-
-
Dividends
28 424
38 974
-
-
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
529
-
-
withholding
6 991
9 628
-
-
total
7 376
10 157
-
-
Income
56 000
56 000
56 000
56 000
Total tax
23 205
27 183
20 623
26 629
After tax
32 795
28 817
35 377
29 371
Living cost
11 747
11 747
11 747
11 747
Free-cash
21 048
17 070
23 630
17 624

Estimated living cost  is ₴11747 per week

₴8103
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.
₴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.
₴2209
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.

Riga , Latvia
₴35973
₴17362
₴13201
₴38470
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

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
56 000
income
-
-
-
10 531
microenterprise
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
11 658
surtax
-
-
-
14 280
total
-
-
-
36 469
Employee
8 891
-
42 580
-
income
1 583
-
8 725
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

978
-
3 989
-
surtax
-
-
6 174
-
total
2 561
-
18 888
-
Employer
8 891
-
42 580
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

2 142
-
8 736
-
surtax
-
-
4 684
-
total
2 142
-
13 420
-
Corporate
44 967
56 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

8 994
11 200
-
-
total
8 994
11 200
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

35 974
44 800
-
-
total
-
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
13 697
11 200
32 308
36 469
After tax
42 303
44 800
23 692
19 531
Living cost
6 330
6 330
6 330
6 330
Free-cash
35 973
38 470
17 362
13 201

Estimated living cost  is ₴6330 per week

₴4038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴144
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.
₴1545
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
Istanbul , Turkey
₴30539
₴30125
₴30396
₴31161
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
income
-
-
-
17 062
health
-
-
-
2 000
pensions
-
-
-
2 759
total
-
-
-
21 821
Employee
5 761
-
52 896
-
health
288
-
690
-
unemployment
58
-
138
-
pensions
519
-
1 242
-
income
1 115
-
16 917
-
total
1 980
-
18 987
-
Employer
5 761
-
52 896
-
health
547
-
1 311
-
pensions
634
-
1 518
-
unemployment
115
-
276
-
total
1 296
-
3 105
-
Corporate
48 942
56 000
-
-
income
10 767
12 320
-
-
total
10 767
12 320
-
-
Dividends
38 175
43 680
-
-
withholding
7 635
8 736
-
-
total
7 635
8 736
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 678
21 056
22 092
21 821
After tax
34 322
34 944
33 908
34 179
Living cost
3 783
3 783
3 783
3 783
Free-cash
30 539
31 161
30 125
30 396

Estimated living cost  is ₴3783 per week

₴2248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴87
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.
₴1141
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
Athens , Greece
₴27422
₴17774
₴19634
₴28390
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
pensions
-
-
-
8 122
unemployment
-
-
-
69
income
-
-
-
15 944
other
-
-
-
-
health
-
-
-
2 883
surtax
-
-
-
2 514
total
-
-
-
29 532
Employee
10 247
-
47 452
-
health
262
-
1 035
-
unemployment
713
-
2 826
-
pensions
684
-
2 709
-
income
1 718
-
14 124
-
other
-
-
-
-
surtax
36
-
2 150
-
total
3 413
-
22 844
-
Employer
10 247
-
47 452
-
health
466
-
1 848
-
pensions
1 366
-
5 413
-
unemployment
325
-
1 287
-
other
-
-
-
-
total
2 157
-
8 548
-
Corporate
43 596
56 000
-
-
income
11 335
14 560
-
-
total
11 335
14 560
-
-
Dividends
32 261
41 440
-
-
withholding
4 839
6 216
-
-
total
4 839
6 216
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 744
20 776
31 392
29 532
After tax
34 256
35 224
24 608
26 468
Living cost
6 834
6 834
6 834
6 834
Free-cash
27 422
28 390
17 774
19 634

Estimated living cost  is ₴6834 per week

₴4126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴159
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.
₴1956
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
Graz , Austria
₴21137
₴5122
₴19102
₴21288
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
pensions
-
-
-
6 576
chamber of commerce
-
-
-
224
unemployment
-
-
-
1 866
income
-