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
₴ 57000
per

Your estimated
City
free-cash

Dresden , Germany
₴18933
₴18691
₴24058
₴12871
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.

-
-
-
57 000
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.

-
-
-
699
trade
-
-
-
5 125
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.

-
-
-
12 713
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.

-
-
-
3 594
total
-
-
-
22 131
Employee

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

20 123
-
57 000
-
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.

562
-
12 713
-
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.

3 594
-
3 594
-
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.

31
-
699
-
total
4 187
-
17 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 877
57 000
-
-
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.

305
470
-
-
income
5 531
8 550
-
-
trade
5 808
8 978
-
-
chamber of commerce
133
162
-
-
total
11 777
18 160
-
-
Dividends
25 100
38 840
-
-
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.

334
523
-
-
withholding
6 075
9 510
-
-
total
6 409
10 033
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 373
28 193
17 006
22 131
After tax
34 627
28 807
39 994
34 869
Living cost
15 936
15 936
15 936
15 936
Free-cash
18 691
12 871
24 058
18 933

Estimated living cost  is ₴15936 per week

₴10024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴6574
₴7340
₴7022
₴7803
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
-
-
-
57 000
national
-
-
-
9 243
pensions
-
-
-
6 840
social contributions
-
-
-
613
municipal
-
-
-
5 965
total
-
-
-
22 661
Employee
43 040
-
49 276
-
pensions
1 722
-
1 971
-
municipal
5 316
-
6 185
-
national
8 238
-
9 585
-
total
15 276
-
17 741
-
Employer
43 040
-
49 276
-
pensions
3 443
-
3 942
-
social contributions
463
-
530
-
total
3 906
-
4 472
-
Corporate
7 213
57 000
-
-
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%.

1 443
11 400
-
-
total
1 443
11 400
-
-
Dividends
5 771
45 600
-
-
withholding
1 270
10 032
-
-
total
1 270
10 032
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 895
21 432
22 213
22 661
After tax
35 105
35 568
34 787
34 339
Living cost
27 765
27 765
27 765
27 765
Free-cash
7 340
7 803
7 022
6 574

Estimated living cost  is ₴27765 per week

₴18871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴416
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.
₴5897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₴19432
₴30338
₴21132
₴34654
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.

-
-
-
57 000
surtax
-
-
-
-
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.

-
-
-
18 326
income
-
-
-
8 296
microenterprise
-
-
-
-
total
-
-
-
26 622
Employee
15 374
-
45 935
-
income
2 737
-
8 804
-
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.

1 691
-
5 053
-
surtax
-
-
-
-
total
4 428
-
13 857
-
Employer
15 374
-
45 935
-
surtax
-
-
-
-
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.

3 703
-
11 065
-
total
3 703
-
11 065
-
Corporate
37 923
57 000
-
-
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%.

7 585
11 400
-
-
total
7 585
11 400
-
-
Dividends

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

30 338
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
15 716
11 400
24 922
26 622
After tax
41 284
45 600
32 078
30 378
Living cost
10 946
10 946
10 946
10 946
Free-cash
30 338
34 654
21 132
19 432

Estimated living cost  is ₴10946 per week

₴6983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴2672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₴10355
₴2426
₴6879
₴5649
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
-
-
-
57 000
pensions
-
-
-
6 164
income
-
-
-
11 953
health
-
-
-
6 488
total
-
-
-
24 605
Employee
44 929
44 929
48 506
-
pensions
8 087
6 164
6 164
-
income

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

7 354
7 354
7 354
-
health
6 896
5 866
6 069
-
total
22 337
19 384
19 587
-
Employer
44 929
44 929
48 506
-
pensions
3 127
3 127
3 376
-
health
3 123
3 123
3 372
-
unemployment
1 617
1 617
1 746
-
total
7 867
7 867
8 494
-
Corporate
4 755
4 204
-
-
income
950
841
-
-
total
950
841
-
-
Dividends
3 804
3 363
-
-
income
809
715
-
-
withholding
571
504
-
-
total
1 380
1 219
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 534
29 311
28 081
24 605
After tax
24 466
27 689
28 919
32 395
Living cost
22 040
22 040
22 040
22 040
Free-cash
2 426
5 649
6 879
10 355

Estimated living cost  is ₴22040 per week

₴15619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴350
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.
₴4084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴8281
₴8685
₴8494
₴9178
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
-
-
-
57 000
national
-
-
-
-
other
-
-
-
5 588
pensions
-
-
-
5 199
municipal
-
-
-
12 843
accident
-
-
-
96
health
-
-
-
3 001
unemployment
-
-
-
48
total
-
-
-
26 775
Employee
31 268
-
43 372
-
municipal
9 324
-
12 934
-
national
-
-
-
-
total
9 324
-
12 934
-
Employer
31 268
-
43 372
-
pensions
3 380
-
4 689
-
other
3 633
-
5 040
-
health
1 923
-
2 667
-
unemployment
825
-
1 145
-
accident
63
-
87
-
total
9 824
-
13 628
-
Corporate
15 908
57 000
-
-
income
3 500
12 540
-
-
total
3 500
12 540
-
-
Dividends
12 408
44 460
-
-
withholding
3 723
13 338
-
-
total
3 723
13 338
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 371
25 878
26 562
26 775
After tax
30 629
31 122
30 438
30 225
Living cost
21 944
21 944
21 944
21 944
Free-cash
8 685
9 178
8 494
8 281

Estimated living cost  is ₴21944 per week

₴14543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
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.
₴4914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₴13973
₴15238
₴19326
₴7847
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.

-
-
-
57 000
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.

-
-
-
699
trade
-
-
-
5 353
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.

-
-
-
12 713
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.

-
-
-
3 594
total
-
-
-
22 359
Employee

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

26 681
-
57 000
-
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.

2 292
-
12 713
-
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.

3 594
-
3 594
-
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.

126
-
699
-
total
6 012
-
17 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 319
57 000
-
-
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.

251
470
-
-
income
4 548
8 550
-
-
trade
4 987
9 376
-
-
chamber of commerce
123
161
-
-
total
9 909
18 557
-
-
Dividends
20 411
38 442
-
-
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.

270
517
-
-
withholding
4 903
9 411
-
-
total
5 173
9 928
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 094
28 485
17 006
22 359
After tax
35 906
28 515
39 994
34 641
Living cost
20 668
20 668
20 668
20 668
Free-cash
15 238
7 847
19 326
13 973

Estimated living cost  is ₴20668 per week

₴13823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
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.
₴4357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴23036
₴22452
₴22715
₴24632
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
-
-
-
57 000
social contributions
-
-
-
8 513
income
-
-
-
6 932
health
-
-
-
1 454
total
-
-
-
16 899
Employee
40 456
40 456
51 747
-
income
4 248
3 745
6 793
-
social contributions
1 966
3 358
4 295
-
health
402
688
880
-
total
6 616
7 791
11 968
-
Employer
40 456
40 456
51 747
-
social contributions
1 966
3 358
4 295
-
health
438
749
957
-
total
2 404
4 107
5 252
-
Corporate
30 915
12 437
-
-
income
3 864
1 555
-
-
total
3 864
1 555
-
-
Dividends
27 051
10 883
-
-
withholding
4 599
1 850
-
-
total
4 599
1 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 483
15 303
17 220
16 899
After tax
39 517
41 697
39 780
40 101
Living cost
17 065
17 065
17 065
17 065
Free-cash
22 452
24 632
22 715
23 036

Estimated living cost  is ₴17065 per week

₴11666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴3780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₴29083
₴21924
₴22640
₴21707
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
-
-
-
57 000
pensions
-
-
-
5 700
income
-
-
-
6 968
health
-
-
-
3 990
unemployment
-
-
-
855
total
-
-
-
17 513
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.

15 019
5 977
47 699
-
pensions
1 502
598
4 770
-
income
1 836
731
5 831
-
health
1 051
418
3 339
-
unemployment
225
90
715
-
total
4 614
1 837
14 655
-
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.

15 019
5 977
47 699
-
pensions
2 929
1 166
9 301
-
total
2 929
1 166
9 301
-
Corporate
39 052
49 857
-
-
income
3 515
4 487
-
-
total
3 515
4 487
-
-
Dividends
35 538
45 370
-
-
withholding
6 752
8 620
-
-
social contributions
6 862
8 779
-
-
total
13 614
17 399
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 672
24 889
23 956
17 513
After tax
32 328
32 111
33 044
39 487
Living cost
10 404
10 404
10 404
10 404
Free-cash
21 924
21 707
22 640
29 083

Estimated living cost  is ₴10404 per week

₴7100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
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.
₴2245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴17844
₴29623
₴20147
₴32892
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
-
-
-
57 000
pensions
-
-
-
11 400
income
-
-
-
7 638
health
-
-
-
7 410
total
-
-
-
26 448
Employee
14 925
-
42 601
-
pensions
299
-
852
-
income
1 680
-
8 213
-
unemployment
239
-
682
-
total
2 218
-
9 747
-
Employer
14 925
-
42 601
-
pensions
2 985
-
8 520
-
health
1 940
-
5 538
-
unemployment
120
-
340
-
total
5 045
-
14 398
-
Corporate
37 030
57 000
-
-
income
7 406
11 400
-
-
total
7 406
11 400
-
-
Dividends
29 623
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 669
11 400
24 145
26 448
After tax
42 331
45 600
32 855
30 552
Living cost
12 708
12 708
12 708
12 708
Free-cash
29 623
32 892
20 147
17 844

Estimated living cost  is ₴12708 per week

₴8716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₴27321
₴2811
₴17872
-₴7162
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
-
-
-
57 000
other
-
-
-
198
pensions
-
-
-
2 228
income
-
-
-
14 171
accident
-
-
-
135
health
-
-
-
1 168
total
-
-
-
17 900
Employee
18 529
-
49 079
-
pensions
2 086
-
4 085
-
income
2 542
-
9 724
-
health
2 122
-
5 619
-
total
6 750
-
19 428
-
Employer
18 529
-
49 079
-
pensions
3 013
-
5 899
-
unemployment
454
-
1 202
-
accident
309
-
820
-
total
3 776
-
7 921
-
Corporate
34 695
57 000
-
-
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.

31 225
51 300
-
-
total
31 225
51 300
-
-
Dividends
3 469
5 700
-
-
withholding
659
1 083
-
-
total
659
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 410
52 383
27 349
17 900
After tax
14 590
4 617
29 651
39 100
Living cost
11 779
11 779
11 779
11 779
Free-cash
2 811
-7 162
17 872
27 321

Estimated living cost  is ₴11779 per week

₴8633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴2248
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.

Source of data for Gdansk model

Close
Batumi , Georgia
₴52162
₴49082
₴41332
₴49882
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%.

-
-
-
57 000
microenterprise

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

-
-
-
570
total
-
-
-
570
Employee
5 334
-
57 000
-
income
1 067
-
11 400
-
total
1 067
-
11 400
-
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%.

51 666
57 000
-
-
total
-
-
-
-
Dividends
51 666
57 000
-
-
withholding
2 583
2 850
-
-
total
2 583
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
3 650
2 850
11 400
570
After tax
53 350
54 150
45 600
56 430
Living cost
4 268
4 268
4 268
4 268
Free-cash
49 082
49 882
41 332
52 162

Estimated living cost  is ₴4268 per week

₴2645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₴16787
₴24305
₴19145
₴27859
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
-
-
-
57 000
other
-
-
-
2 708
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.

-
-
-
13 679
income
-
-
-
7 299
health
-
-
-
2 508
total
-
-
-
26 194
Employee
19 103
-
45 527
-
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.

1 337
-
3 187
-
income
3 289
-
8 085
-
health
268
-
637
-
unemployment
191
-
455
-
total
5 085
-
12 364
-
Employer
19 103
-
45 527
-
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.

3 248
-
7 740
-
other
955
-
2 276
-
health
268
-
637
-
unemployment
191
-
455
-
accident
153
-
364
-
total
4 815
-
11 472
-
Corporate
33 083
57 000
-
-
income
6 947
11 970
-
-
total
6 947
11 970
-
-
Dividends
26 136
45 030
-
-
withholding
1 829
3 152
-
-
total
1 829
3 152
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 676
15 122
23 836
26 194
After tax
38 324
41 878
33 164
30 806
Living cost
14 019
14 019
14 019
14 019
Free-cash
24 305
27 859
19 145
16 787

Estimated living cost  is ₴14019 per week

₴9905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴226
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.
₴2941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₴5578
₴726
₴431
₴6227
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
-
-
-
57 000
pensions
-
-
-
3 991
income
-
-
-
12 602
total
-
-
-
16 593
Employee
49 278
-
50 114
-
pensions
4 754
-
4 854
-
income
8 883
-
9 171
-
health
812
-
829
-
total
14 449
-
14 854
-
Employer
49 278
-
50 114
-
pensions
5 818
-
5 934
-
health
936
-
952
-
total
6 754
-
6 886
-
Corporate
968
57 000
-
-
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.

184
10 830
-
-
total
184
10 830
-
-
Dividends
784
46 170
-
-
withholding
58
5 114
-
-
total
58
5 114
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 445
15 944
21 740
16 593
After tax
35 555
41 056
35 260
40 407
Living cost
34 829
34 829
34 829
34 829
Free-cash
726
6 227
431
5 578

Estimated living cost  is ₴34829 per week

₴26098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
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.
₴4356
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.

Source of data for London model

Close
Varna , Bulgaria
₴36693
₴39431
₴38548
₴41865
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
-
-
-
57 000
pensions

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

-
-
-
2 709
income
-
-
-
8 550
health
-
-
-
2 105
unemployment
-
-
-
73
total
-
-
-
13 437
Employee
9 097
-
53 409
-
pensions

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

799
-
1 607
-
accident

We are using the highest rate at 1.1%.

100
-
201
-
income
910
-
5 341
-
health
418
-
842
-
total
2 227
-
7 991
-
Employer
9 097
-
53 409
-
pensions

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

1 003
-
2 017
-
health
628
-
1 263
-
unemployment
54
-
110
-
accident

We are using the highest rate at 1.1%.

100
-
201
-
total
1 785
-
3 591
-
Corporate
46 118
57 000
-
-
income
4 612
5 700
-
-
total
4 612
5 700
-
-
Dividends
41 507
51 300
-
-
withholding
2 075
2 565
-
-
total
2 075
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
10 699
8 265
11 582
13 437
After tax
46 301
48 735
45 418
43 563
Living cost
6 870
6 870
6 870
6 870
Free-cash
39 431
41 865
38 548
36 693

Estimated living cost  is ₴6870 per week

₴4011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
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.
₴2187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₴3221
-₴318
-₴255
-₴1485
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
-
-
-
57 000
pensions
-
-
-
6 164
income
-
-
-
11 953
health
-
-
-
6 488
total
-
-
-
24 605
Employee
48 778
44 929
48 506
-
pensions
6 164
6 164
6 164
-
income

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

7 354
7 354
7 354
-
health
6 085
5 866
6 069
-
total
19 603
19 384
19 587
-
Employer
48 778
44 929
48 506
-
pensions
3 395
3 127
3 376
-
health
3 390
3 123
3 372
-
unemployment
1 756
1 617
1 746
-
total
8 541
7 867
8 494
-
Corporate
-
4 204
-
-
income
-
841
-
-
total
-
841
-
-
Dividends
-
3 363
-
-
income
-
715
-
-
withholding
-
504
-
-
total
-
1 219
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 144
29 311
28 081
24 605
After tax
28 856
27 689
28 919
32 395
Living cost
29 174
29 174
29 174
29 174
Free-cash
-318
-1 485
-255
3 221

Estimated living cost  is ₴29174 per week

₴21521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴334
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.
₴4714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴14672
₴21485
₴15836
₴26155
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
-
-
-
57 000
social contributions
-
-
-
16 644
income
-
-
-
4 899
health
-
-
-
7 695
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
19 250
-
42 537
-
income
2 310
-
5 104
-
social contributions
1 251
-
2 765
-
solidarity contribution
-
-
-
-
health
2 599
-
5 743
-
total
6 160
-
13 612
-
Employer
19 250
-
42 537
-
social contributions
4 813
-
10 634
-
health
1 732
-
3 828
-
total
6 545
-
14 462
-
Corporate
31 205
57 000
-
-
income
5 929
10 830
-
-
total
5 929
10 830
-
-
Dividends
25 276
46 170
-
-
withholding
3 791
6 925
-
-
total
3 791
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 425
17 755
28 074
29 238
After tax
34 575
39 245
28 926
27 762
Living cost
13 090
13 090
13 090
13 090
Free-cash
21 485
26 155
15 836
14 672

Estimated living cost  is ₴13090 per week

₴9093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴2809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴6750
₴5465
₴4036
₴8212
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
-
-
-
57 000
national
-
-
-
12 414
social contributions
-
-
-
14 661
municipal
-
-
-
338
regional
-
-
-
637
total
-
-
-
28 050
Employee
46 759
-
57 000
-
social contributions
15 767
-
19 221
-
municipal
248
-
303
-
regional
441
-
558
-
national
8 102
-
10 682
-
total
24 558
-
30 764
-
Employer
46 759
-
57 000
-
total
-
-
-
-
Corporate
10 241
57 000
-
-
municipal
399
2 223
-
-
nationa
2 458
13 680
-
-
total
2 857
15 903
-
-
Dividends
7 384
41 096
-
-
withholding
1 920
10 685
-
-
total
1 920
10 685
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 335
26 588
30 764
28 050
After tax
27 665
30 412
26 236
28 950
Living cost
22 200
22 200
22 200
22 200
Free-cash
5 465
8 212
4 036
6 750

Estimated living cost  is ₴22200 per week

₴15475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴340
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.
₴4928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₴17130
₴22606
₴16154
₴24243
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
-
-
-
57 000
other
-
-
-
-
surtax
-
-
-
1 436
pensions
-
-
-
11 400
income
-
-
-
11 257
health
-
-
-
4 047
unemployment
-
-
-
120
total
-
-
-
28 260
Employee
17 399
-
47 088
-
pensions
1 160
-
3 141
-
income
2 916
-
10 410
-
other
-
-
-
-
health
444
-
1 201
-
unemployment
1 211
-
3 277
-
surtax
57
-
1 294
-
total
5 788
-
19 323
-
Employer
17 399
-
47 088
-
pensions
2 319
-
6 277
-
other
-
-
-
-
health
792
-
2 143
-
unemployment
551
-
1 493
-
total
3 662
-
9 913
-
Corporate
35 939
57 000
-
-
income
9 344
14 820
-
-
total
9 344
14 820
-
-
Dividends
26 595
42 180
-
-
withholding
3 990
6 327
-
-
total
3 990
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 784
21 147
29 236
28 260
After tax
34 216
35 853
27 764
28 740
Living cost
11 610
11 610
11 610
11 610
Free-cash
22 606
24 243
16 154
17 130

Estimated living cost  is ₴11610 per week

₴7099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
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.
₴3172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴16613
₴14816
₴11466
₴17262
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
-
-
-
57 000
pensions
-
-
-
3 991
income
-
-
-
12 602
total
-
-
-
16 593
Employee
33 025
-
50 114
-
pensions
2 803
-
4 854
-
income
5 948
-
9 171
-
health
479
-
829
-
total
9 230
-
14 854
-
Employer
33 025
-
50 114
-
pensions
3 575
-
5 934
-
health
627
-
952
-
total
4 202
-
6 886
-
Corporate
19 773
57 000
-
-
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.

3 757
10 830
-
-
total
3 757
10 830
-
-
Dividends
16 016
46 170
-
-
withholding
1 201
5 114
-
-
total
1 201
5 114
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 390
15 944
21 740
16 593
After tax
38 610
41 056
35 260
40 407
Living cost
23 794
23 794
23 794
23 794
Free-cash
14 816
17 262
11 466
16 613

Estimated living cost  is ₴23794 per week

₴17827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3935
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.

Source of data for Cambridge model

Close
Zurich , Switzerland
₴5249
₴1896
₴2416
-₴16178
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
-
-
-
57 000
national
-
-
-
383
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.

-
-
-
1 140
pensions
-
-
-
5 245
city
-
-
-
601
health
-
-
-
138
regional
-
-
-
2 001
total
-
-
-
9 508
Employee
49 436
-
51 019
-
city
531
-
548
-
pensions
4 153
-
4 286
-
health
112
-
115
-
regional
1 619
-
1 704
-
unemployment
-
-
-
-
national
234
-
267
-
total
6 649
-
6 920
-
Employer
49 436
-
51 019
-
pensions
4 153
-
4 286
-
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.

988
-
1 020
-
health
112
-
115
-
unemployment
-
-
-
-
total
5 253
-
5 421
-
Corporate
1 768
57 000
-
-
national
150
4 845
-
-
regional
374
12 055
-
-
total
524
16 900
-
-
Dividends
1 243
40 099
-
-
withholding
435
14 035
-
-
total
435
14 035
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 861
30 935
12 341
9 508
After tax
44 139
26 065
44 659
47 492
Living cost
42 243
42 243
42 243
42 243
Free-cash
1 896
-16 178
2 416
5 249

Estimated living cost  is ₴42243 per week

₴27470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴519
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.
₴10463
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.

Source of data for Zurich model

Close
Munich , Germany
₴10312
₴12649
₴15892
₴4119
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.

-
-
-
57 000
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.

-
-
-
699
trade
-
-
-
5 580
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.

-
-
-
12 713
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.

-
-
-
3 594
total
-
-
-
22 586
Employee

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

31 619
-
57 000
-
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.

3 718
-
12 713
-
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.

3 594
-
3 594
-
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.

205
-
699
-
total
7 517
-
17 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 381
57 000
-
-
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.

210
470
-
-
income
3 807
8 550
-
-
trade
4 353
9 776
-
-
chamber of commerce
116
160
-
-
total
8 486
18 956
-
-
Dividends
16 895
38 044
-
-
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.

222
512
-
-
withholding
4 024
9 311
-
-
total
4 246
9 823
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 249
28 779
17 006
22 586
After tax
36 751
28 221
39 994
34 414
Living cost
24 102
24 102
24 102
24 102
Free-cash
12 649
4 119
15 892
10 312

Estimated living cost  is ₴24102 per week

₴17603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
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.
₴4258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₴14700
₴13834
₴17262
₴10727
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
-
-
-
57 000
other
-
-
-
1 767
surtax
-
-
-
-
pensions
-
-
-
13 564
social contributions
-
-
-
1 623
income
-
-
-
6 050
health
-
-
-
1 296
total
-
-
-
24 300
Employee
22 517
-
46 047
-
pensions
2 546
-
2 349
-
income
1 329
-
7 124
-
social contributions
642
-
1 313
-
surtax
-
-
-
-
total
4 517
-
10 786
-
Employer
22 517
-
46 047
-
pensions
3 699
-
4 109
-
other
777
-
1 588
-
social contributions
68
-
138
-
health
1 577
-
3 252
-
unemployment
912
-
1 865
-
total
7 033
-
10 952
-
Corporate
27 451
57 000
-
-
surtax
-
-
-
-
income
7 686
15 960
-
-
total
7 686
15 960
-
-
Dividends
19 765
41 040
-
-
surtax
-
-
-
-
withholding
2 530
5 253
-
-
social contributions
3 400
7 060
-
-
total
5 930
12 313
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 166
28 273
21 738
24 300
After tax
31 834
28 727
35 262
32 700
Living cost
18 000
18 000
18 000
18 000
Free-cash
13 834
10 727
17 262
14 700

Estimated living cost  is ₴18000 per week

₴11350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴307
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.
₴4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₴16483
₴15434
₴19045
₴12510
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
-
-
-
57 000
other
-
-
-
1 767
surtax
-
-
-
-
pensions
-
-
-
13 564
social contributions
-
-
-
1 623
income
-
-
-
6 050
health
-
-
-
1 296
total
-
-
-
24 300
Employee
20 100
-
46 047
-
pensions
2 273
-
2 349
-
income
1 036
-
7 124
-
social contributions
573
-
1 313
-
surtax
-
-
-
-
total
3 882
-
10 786
-
Employer
20 100
-
46 047
-
pensions
3 303
-
4 109
-
other
694
-
1 588
-
social contributions
60
-
138
-
health
1 407
-
3 252
-
unemployment
814
-
1 865
-
total
6 278
-
10 952
-
Corporate
30 623
57 000
-
-
surtax
-
-
-
-
income
8 574
15 960
-
-
total
8 574
15 960
-
-
Dividends
22 049
41 040
-
-
surtax
-
-
-
-
withholding
2 823
5 253
-
-
social contributions
3 792
7 060
-
-
total
6 615
12 313
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 349
28 273
21 738
24 300
After tax
31 651
28 727
35 262
32 700
Living cost
16 217
16 217
16 217
16 217
Free-cash
15 434
12 510
19 045
16 483

Estimated living cost  is ₴16217 per week

₴9405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴4857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₴25449
₴23893
₴25322
₴23620
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
-
-
-
57 000
social contributions
-
-
-
7 866
income
-
-
-
8 550
health
-
-
-
3 979
total
-
-
-
20 395
Employee
17 839
-
57 000
-
income
2 975
-
8 677
-
social contributions
2 462
-
7 866
-
health
1 245
-
3 979
-
total
6 682
-
20 522
-
Employer
17 839
-
57 000
-
total
-
-
-
-
Corporate
39 161
57 000
-
-
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%.

1 958
2 850
-
-
total
1 958
2 850
-
-
Dividends
37 203
54 150
-
-
health
2 597
3 780
-
-
withholding
5 580
8 122
-
-
social contributions
5 134
7 472
-
-
total
13 311
19 374
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 951
22 224
20 522
20 395
After tax
35 049
34 776
36 478
36 605
Living cost
11 156
11 156
11 156
11 156
Free-cash
23 893
23 620
25 322
25 449

Estimated living cost  is ₴11156 per week

₴7466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴2745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₴9963
₴12526
-₴1808
₴13338
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
-
-
-
57 000
surtax
-
-
-
104
chamber of commerce
-
-
-
228
pensions
-
-
-
10 545
income
-
-
-
10 034
health
-
-
-
4 360
unemployment
-
-
-
3 227
total
-
-
-
28 498
Employee
26 293
20 967
44 179
-
pensions
2 693
2 147
4 524
-
income
2 993
1 547
8 906
-
other
263
210
441
-
health
1 017
812
1 709
-
unemployment
789
629
1 325
-
total
7 755
5 345
16 905
-
Employer
26 293
20 967
44 179
-
surtax
104
104
104
-
pensions
3 300
2 632
5 544
-
other
1 249
995
2 099
-
health
993
793
1 670
-
unemployment
789
629
1 325
-
chamber of commerce
105
84
177
-
payroll
789
629
1 325
-
accident
341
273
574
-
total
7 670
6 139
12 818
-
Corporate
23 037
29 895
42 185
-
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.

5 759
7 474
10 546
-
total
5 759
7 474
10 546
-
Dividends
17 278
22 421
-
-
withholding
4 751
6 165
-
-
total
4 751
6 165
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 935
25 123
40 269
28 498
After tax
31 065
31 877
16 731
28 502
Living cost
18 539
18 539
18 539
18 539
Free-cash
12 526
13 338
-1 808
9 963

Estimated living cost  is ₴18539 per week

₴12364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
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.
₴4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₴7053
₴4879
₴2774
₴12769
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
-
-
-
57 000
national
-
-
-
18 763
communal

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

-
-
-
2 872
social contributions
-
-
-
9 129
total
-
-
-
30 764
Employee

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

37 634
-
44 148
-
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.

2 823
-
3 311
-
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.

1 768
-
2 076
-
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.

327
-
384
-
national
11 570
-
14 118
-
communal

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

1 963
-
2 302
-
total
18 451
-
22 191
-
Employer

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

37 634
-
44 148
-
surtax
4 267
-
5 006
-
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.

3 335
-
3 912
-
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.

2 314
-
2 715
-
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.

549
-
645
-
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.

489
-
574
-
total
10 954
-
12 852
-
Corporate
8 411
57 000
-
-
surtax
34
228
-
-
income
1 682
11 400
-
-
total
1 716
11 628
-
-
Dividends
6 695
45 372
-
-
withholding

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

1 817
13 420
-
-
total
1 817
13 420
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 938
25 048
35 043
30 764
After tax
24 062
31 952
21 957
26 236
Living cost
19 183
19 183
19 183
19 183
Free-cash
4 879
12 769
2 774
7 053

Estimated living cost  is ₴19183 per week

₴12356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
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.
₴4849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₴11986
₴15202
₴10791
₴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
-
-
-
57 000
other
-
-
-
49
pensions
-
-
-
13 800
income
-
-
-
11 385
accident
-
-
-
439
unemployment
-
-
-
341
total
-
-
-
26 014
Employee
26 189
-
43 221
-
pensions
1 231
-
2 032
-
income
5 526
-
10 685
-
other
26
-
43
-
unemployment
406
-
670
-
total
7 189
-
13 430
-
Employer
26 189
-
43 221
-
pensions
6 180
-
10 200
-
other
209
-
346
-
unemployment
1 441
-
2 377
-
accident
518
-
856
-
total
8 348
-
13 779
-
Corporate
22 463
57 000
-
-
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.

3 370
8 550
-
-
total
3 370
8 550
-
-
Dividends
19 093
48 450
-
-
withholding
3 890
10 055
-
-
total
3 890
10 055
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 797
18 605
27 209
26 014
After tax
34 203
38 395
29 791
30 986
Living cost
19 000
19 000
19 000
19 000
Free-cash
15 202
19 394
10 791
11 986

Estimated living cost  is ₴19000 per week

₴13992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴3387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴3429
₴2343
₴5843
₴6138
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
-
-
-
57 000
surtax
-
-
-
2 826
communal
-
-
-
3 602
pensions
-
-
-
8 543
income
-
-
-
5 523
accident
-
-
-
480
health
-
-
-
4 005
total
-
-
-
24 979
Employee
39 843
-
50 916
-
pensions
3 187
-
4 074
-
income
3 848
-
7 021
-
health
1 773
-
2 265
-
surtax
2 442
-
3 120
-
total
11 250
-
16 480
-
Employer
39 843
-
50 916
-
pensions
3 187
-
4 074
-
health
1 215
-
1 553
-
accident
358
-
458
-
total
4 760
-
6 085
-
Corporate
12 397
57 000
-
-
surtax
130
598
-
-
income
1 859
8 550
-
-
communal
-
3 848
-
-
total
1 989
12 996
-
-
Dividends
10 408
44 004
-
-
income
6 504
2 673
-
-
withholding
1 562
6 601
-
-
total
8 066
9 274
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 065
22 270
22 565
24 979
After tax
30 935
34 730
34 435
32 021
Living cost
28 592
28 592
28 592
28 592
Free-cash
2 343
6 138
5 843
3 429

Estimated living cost  is ₴28592 per week

₴21448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴303
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.
₴5108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₴16923
₴22363
₴15947
₴24036
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
-
-
-
57 000
other
-
-
-
-
surtax
-
-
-
1 436
pensions
-
-
-
11 400
income
-
-
-
11 257
health
-
-
-
4 047
unemployment
-
-
-
120
total
-
-
-
28 260
Employee
17 718
-
47 088
-
pensions
1 182
-
3 141
-
income
2 970
-
10 410
-
other
-
-
-
-
health
452
-
1 201
-
unemployment
1 233
-
3 277
-
surtax
63
-
1 294
-
total
5 900
-
19 323
-
Employer
17 718
-
47 088
-
pensions
2 362
-
6 277
-
other
-
-
-
-
health
806
-
2 143
-
unemployment
562
-
1 493
-
total
3 730
-
9 913
-
Corporate
35 552
57 000
-
-
income
9 243
14 820
-
-
total
9 243
14 820
-
-
Dividends
26 309
42 180
-
-
withholding
3 947
6 327
-
-
total
3 947
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 820
21 147
29 236
28 260
After tax
34 180
35 853
27 764
28 740
Living cost
11 817
11 817
11 817
11 817
Free-cash
22 363
24 036
15 947
16 923

Estimated living cost  is ₴11817 per week

₴7135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
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.
₴3382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₴14555
₴14619
₴11854
₴15788
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
-
-
-
57 000
national
-
-
-
12 414
social contributions
-
-
-
14 661
municipal
-
-
-
338
regional
-
-
-
859
total
-
-
-
28 272
Employee
29 185
-
57 000
-
social contributions
9 841
-
19 221
-
municipal
155
-
303
-
regional
393
-
767
-
national
4 624
-
10 682
-
total
15 013
-
30 973
-
Employer
29 185
-
57 000
-
total
-
-
-
-
Corporate
27 815
57 000
-
-
municipal
1 383
2 833
-
-
nationa
6 675
13 680
-
-
total
8 058
16 513
-
-
Dividends
19 757
40 487
-
-
withholding
5 137
10 526
-
-
total
5 137
10 526
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 208
27 039
30 973
28 272
After tax
28 792
29 961
26 027
28 728
Living cost
14 173
14 173
14 173
14 173
Free-cash
14 619
15 788
11 854
14 555

Estimated living cost  is ₴14173 per week

₴8814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₴11632
₴17360
₴12796
₴23115
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
-
-
-
57 000
social contributions
-
-
-
16 644
income
-
-
-
4 899
health
-
-
-
7 695
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
23 721
-
42 537
-
income
2 847
-
5 104
-
social contributions
1 542
-
2 765
-
solidarity contribution
-
-
-
-
health
3 202
-
5 743
-
total
7 591
-
13 612
-
Employer
23 721
-
42 537
-
social contributions
5 930
-
10 634
-
health
2 135
-
3 828
-
total
8 065
-
14 462
-
Corporate
25 214
57 000
-
-
income
4 791
10 830
-
-
total
4 791
10 830
-
-
Dividends
20 423
46 170
-
-
withholding
3 063
6 925
-
-
total
3 063
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 510
17 755
28 074
29 238
After tax
33 490
39 245
28 926
27 762
Living cost
16 130
16 130
16 130
16 130
Free-cash
17 360
23 115
12 796
11 632

Estimated living cost  is ₴16130 per week

₴11996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
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.
₴2962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴11821
₴14888
-₴39
₴15148
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
-
-
-
57 000
surtax
-
-
-
-
chamber of commerce
-
-
-
228
pensions
-
-
-
10 545
income
-
-
-
10 034
health
-
-
-
4 360
unemployment
-
-
-
3 227
total
-
-
-
28 394
Employee
22 998
20 967
44 261
-
pensions
2 355
2 147
4 533
-
income
2 049
1 547
8 933
-
other
230
210
442
-
health
890
812
1 713
-
unemployment
690
629
1 328
-
total
6 214
5 345
16 949
-
Employer
22 998
20 967
44 261
-
surtax
-
-
-
-
pensions
2 886
2 632
5 555
-
other
1 092
995
2 103
-
health
870
793
1 673
-
unemployment
690
629
1 328
-
chamber of commerce
92
84
177
-
payroll
690
629
1 328
-
accident
299
273
575
-
total
6 619
6 035
12 739
-
Corporate
27 383
29 999
42 264
-
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.

6 846
7 500
10 566
-
total
6 846
7 500
10 566
-
Dividends
20 537
22 499
-
-
withholding
5 648
6 187
-
-
total
5 648
6 187
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 327
25 067
40 254
28 394
After tax
31 673
31 933
16 746
28 606
Living cost
16 785
16 785
16 785
16 785
Free-cash
14 888
15 148
-39
11 821

Estimated living cost  is ₴16785 per week

₴10069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
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.
₴4703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₴49780
₴46253
₴38950
₴47500
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%.

-
-
-
57 000
microenterprise

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

-
-
-
570
total
-
-
-
570
Employee
8 313
-
57 000
-
income
1 663
-
11 400
-
total
1 663
-
11 400
-
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%.

48 687
57 000
-
-
total
-
-
-
-
Dividends
48 687
57 000
-
-
withholding
2 434
2 850
-
-
total
2 434
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 097
2 850
11 400
570
After tax
52 903
54 150
45 600
56 430
Living cost
6 650
6 650
6 650
6 650
Free-cash
46 253
47 500
38 950
49 780

Estimated living cost  is ₴6650 per week

₴4500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴15185
₴20731
₴13551
₴25132
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.

-
-
-
57 000
pensions
-
-
-
10 410
income
-
-
-
11 598
health
-
-
-
5 609
unemployment
-
-
-
86
total
-
-
-
27 703
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.

23 265
-
49 320
-
pensions
3 606
-
7 645
-
income
4 012
-
10 757
-
health
1 503
-
3 186
-
unemployment
33
-
69
-
total
9 154
-
21 657
-
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.

23 265
-
49 320
-
pensions
2 059
-
4 365
-
health
1 550
-
3 285
-
unemployment
14
-
30
-
total
3 623
-
7 680
-
Corporate
30 112
57 000
-
-
income
5 721
10 830
-
-
total
5 721
10 830
-
-
Dividends
24 392
46 170
-
-
withholding
3 659
6 926
-
-
total
3 659
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 157
17 756
29 337
27 703
After tax
34 843
39 244
27 663
29 297
Living cost
14 112
14 112
14 112
14 112
Free-cash
20 731
25 132
13 551
15 185

Estimated living cost  is ₴14112 per week

₴9685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
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.
₴3250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₴15184
-₴26654
₴25411
₴10471
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
-
-
-
57 000
social contributions
-
-
-
6 498
income
-
-
-
11 110
total
-
-
-
17 608
Employee
34 711
-
-
-
income
7 657
-
-
-
social contributions
2 846
-
406
-
total
10 503
-
406
-
Employer
34 711
-
-
-
social contributions
48 943
-
6 975
-
total
48 943
-
6 975
-
Corporate
-
57 000
-
-
income
-
12 540
-
-
total
-
12 540
-
-
Dividends
-
44 460
-
-
income
-
9 781
-
-
total
-
9 781
-
-
Income
57 000
57 000
57 000
57 000
Total tax
59 446
22 321
7 381
17 608
After tax
-2 446
34 679
49 619
39 392
Living cost
24 208
24 208
24 208
24 208
Free-cash
-26 654
10 471
25 411
15 184

Estimated living cost  is ₴24208 per week

₴15707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴308
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.
₴5916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₴15164
₴15388
₴11990
₴15919
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

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.

-
-
-
57 000
surtax
-
-
-
-
social contributions

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

-
-
-
19 808
income
-
-
-
5 525
total
-
-
-
25 333
Employee
24 198
-
46 060
-
income
5 033
-
12 500
-
social contributions
2 662
-
5 067
-
surtax
-
-
-
-
total
7 695
-
17 567
-
Employer
24 198
-
46 060
-
social contributions
5 747
-
10 940
-
total
5 747
-
10 940
-
Corporate
27 056
57 000
-
-
surtax
-
-
-
-
income
5 682
11 970
-
-
total
5 682
11 970
-
-
Dividends
21 374
45 030
-
-
withholding
5 985
12 608
-
-
total
5 985
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 109
24 578
28 507
25 333
After tax
31 891
32 422
28 493
31 667
Living cost
16 503
16 503
16 503
16 503
Free-cash
15 388
15 919
11 990
15 164

Estimated living cost  is ₴16503 per week

₴12347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴276
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.
₴2906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴7289
₴6933
₴9851
₴3316
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
-
-
-
57 000
other
-
-
-
1 767
surtax
-
-
-
-
pensions
-
-
-
13 564
social contributions
-
-
-
1 623
income
-
-
-
6 050
health
-
-
-
1 296
total
-
-
-
24 300
Employee
32 952
-
46 047
-
pensions
3 727
-
2 349
-
income
2 875
-
7 124
-
social contributions
939
-
1 313
-
surtax
-
-
-
-
total
7 541
-
10 786
-
Employer
32 952
-
46 047
-
pensions
5 414
-
4 109
-
other
1 137
-
1 588
-
social contributions
99
-
138
-
health
2 306
-
3 252
-
unemployment
1 335
-
1 865
-
total
10 291
-
10 952
-
Corporate
13 756
57 000
-
-
surtax
-
-
-
-
income
3 852
15 960
-
-
total
3 852
15 960
-
-
Dividends
9 904
41 040
-
-
surtax
-
-
-
-
withholding
1 268
5 253
-
-
social contributions
1 704
7 060
-
-
total
2 972
12 313
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 656
28 273
21 738
24 300
After tax
32 344
28 727
35 262
32 700
Living cost
25 411
25 411
25 411
25 411
Free-cash
6 933
3 316
9 851
7 289

Estimated living cost  is ₴25411 per week

₴17198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴348
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.
₴5786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴27394
₴33718
₴28908
₴35485
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
-
-
-
57 000
social contributions
-
-
-
12 540
income
-
-
-
1 251
total
-
-
-
13 791
Employee
16 914
-
49 351
-
social contributions
1 099
-
3 208
-
income
-
-
1 420
-
total
1 099
-
4 628
-
Employer
16 914
-
49 351
-
social contributions
2 622
-
7 649
-
total
2 622
-
7 649
-
Corporate
37 464
57 000
-
-
income
3 746
5 700
-
-
total
3 746
5 700
-
-
Dividends
33 718
51 300
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
7 467
5 700
12 277
13 791
After tax
49 533
51 300
44 723
43 209
Living cost
15 815
15 815
15 815
15 815
Free-cash
33 718
35 485
28 908
27 394

Estimated living cost  is ₴15815 per week

₴10226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
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.
₴4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₴9807
-₴57364
-₴57364
-₴57364
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
-
-
-
57 000
national
-
-
-
6 114
labour market
-
-
-
4 524
pensions
-
-
-
455
municipal
-
-
-
10 821
total
-
-
-
21 914
Employee
106 697
106 697
106 697
-
pensions
152
152
152
-
labour market
8 524
8 524
8 524
-
municipal
22 720
22 720
22 720
-
national
13 035
13 035
13 035
-
total
44 431
44 431
44 431
-
Employer
106 697
106 697
106 697
-
labour market
8 536
8 536
8 536
-
pensions
303
303
303
-
national
13 058
13 058
13 058
-
municipal
22 757
22 757
22 757
-
total
44 654
44 654
44 654
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
89 085
89 085
89 085
21 914
After tax
-32 085
-32 085
-32 085
35 086
Living cost
25 279
25 279
25 279
25 279
Free-cash
-57 364
-57 364
-57 364
9 807

Estimated living cost  is ₴25279 per week

₴17301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴389
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.
₴5353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₴27495
₴2838
₴18046
-₴6988
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
-
-
-
57 000
other
-
-
-
198
pensions
-
-
-
2 228
income
-
-
-
14 171
accident
-
-
-
135
health
-
-
-
1 168
total
-
-
-
17 900
Employee
18 256
-
49 079
-
pensions
2 056
-
4 085
-
income
2 505
-
9 724
-
health
2 090
-
5 619
-
total
6 651
-
19 428
-
Employer
18 256
-
49 079
-
pensions
2 968
-
5 899
-
unemployment
447
-
1 202
-
accident
305
-
820
-
total
3 720
-
7 921
-
Corporate
35 023
57 000
-
-
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.

31 521
51 300
-
-
total
31 521
51 300
-
-
Dividends
3 502
5 700
-
-
withholding
665
1 083
-
-
total
665
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 557
52 383
27 349
17 900
After tax
14 443
4 617
29 651
39 100
Living cost
11 605
11 605
11 605
11 605
Free-cash
2 838
-6 988
18 046
27 495

Estimated living cost  is ₴11605 per week

₴8447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
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.
₴2278
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.

Source of data for Krakow model

Close
Helsinki , Finland
₴19785
₴16675
₴11969
₴17365
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

-
-
-
57 000
national
-
-
-
6 216
municipal
-
-
-
10 142
health
-
-
-
658
total
-
-
-
17 016
Employee
27 680
-
47 951
-
pensions
1 868
-
3 237
-
health
207
-
519
-
municipal
4 534
-
7 826
-
unemployment
415
-
719
-
national
457
-
3 482
-
total
7 481
-
15 783
-
Employer
27 680
-
47 951
-
pensions
4 802
-
8 320
-
health
213
-
369
-
unemployment
180
-
312
-
accident
28
-
48
-
total
5 223
-
9 049
-
Corporate
24 097
57 000
-
-
income
4 819
11 400
-
-
total
4 819
11 400
-
-
Dividends

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

14 458
34 200
-
-
municipal
2 603
6 156
-
-
national
-
1 880
-
-
total
2 603
8 036
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 126
19 436
24 832
17 016
After tax
36 874
37 564
32 168
39 984
Living cost
20 199
20 199
20 199
20 199
Free-cash
16 675
17 365
11 969
19 785

Estimated living cost  is ₴20199 per week

₴13194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴321
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.
₴4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴27920
₴26653
₴27599
₴29516
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
-
-
-
57 000
social contributions
-
-
-
8 513
income
-
-
-
6 932
health
-
-
-
1 454
total
-
-
-
16 899
Employee
40 456
40 456
51 747
-
income
4 405
3 745
6 793
-
social contributions
1 530
3 358
4 295
-
health
314
688
880
-
total
6 249
7 791
11 968
-
Employer
40 456
40 456
51 747
-
social contributions
1 530
3 358
4 295
-
health
340
749
957
-
total
1 870
4 107
5 252
-
Corporate
36 701
12 437
-
-
income
4 588
1 555
-
-
total
4 588
1 555
-
-
Dividends
32 113
10 883
-
-
withholding
5 459
1 850
-
-
total
5 459
1 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 166
15 303
17 220
16 899
After tax
38 834
41 697
39 780
40 101
Living cost
12 181
12 181
12 181
12 181
Free-cash
26 653
29 516
27 599
27 920

Estimated living cost  is ₴12181 per week

₴7300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
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.
₴3417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴37877
₴36173
₴27323
₴38848
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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
57 000
pensions
-
-
-
3 347
income
-
-
-
5 504
health
-
-
-
1 904
unemployment
-
-
-
15
total
-
-
-
10 770
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

12 076
-
51 858
-
pensions
1 811
-
7 488
-
income
826
-
4 200
-
health
1 026
-
4 243
-
unemployment
60
-
250
-
total
3 723
-
16 181
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

12 076
-
51 858
-
pensions
664
-
2 746
-
health
519
-
2 147
-
unemployment
60
-
250
-
total
1 243
-
5 143
-
Corporate
43 681
57 000
-
-
income
3 931
5 130
-
-
total
3 931
5 130
-
-
Dividends
39 750
51 870
-
-
withholding
3 577
4 669
-
-
total
3 577
4 669
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 474
9 799
21 324
10 770
After tax
44 526
47 201
35 676
46 230
Living cost
8 353
8 353
8 353
8 353
Free-cash
36 173
38 848
27 323
37 877

Estimated living cost  is ₴8353 per week

₴5330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴2173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₴16518
₴21166
₴15323
₴23927
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
-
-
-
57 000
other
-
-
-
49
pensions
-
-
-
13 800
income
-
-
-
11 385
accident
-
-
-
439
unemployment
-
-
-
341
total
-
-
-
26 014
Employee
19 454
-
43 221
-
pensions
915
-
2 032
-
income
3 751
-
10 685
-
other
19
-
43
-
unemployment
302
-
670
-
total
4 987
-
13 430
-
Employer
19 454
-
43 221
-
pensions
4 591
-
10 200
-
other
156
-
346
-
unemployment
1 070
-
2 377
-
accident
385
-
856
-
total
6 202
-
13 779
-
Corporate
31 344
57 000
-
-
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.

4 702
8 550
-
-
total
4 702
8 550
-
-
Dividends
26 642
48 450
-
-
withholding
5 475
10 055
-
-
total
5 475
10 055
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 366
18 605
27 209
26 014
After tax
35 634
38 395
29 791
30 986
Living cost
14 468
14 468
14 468
14 468
Free-cash
21 166
23 927
15 323
16 518

Estimated living cost  is ₴14468 per week

₴9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1391
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.
₴3058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₴35547
₴34466
₴35479
₴34621
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
-
-
-
57 000
pensions
-
-
-
691
income
-
-
-
19 314
health
-
-
-
501
total
-
-
-
20 506
Employee
1 443
-
56 223
-
pensions
130
-
311
-
income
279
-
19 278
-
health
72
-
173
-
unemployment
14
-
35
-
total
495
-
19 797
-
Employer
1 443
-
56 223
-
pensions
159
-
380
-
health
137
-
328
-
unemployment
29
-
69
-
total
325
-
777
-
Corporate
55 232
57 000
-
-
income
12 151
12 540
-
-
total
12 151
12 540
-
-
Dividends
43 081
44 460
-
-
withholding
8 616
8 892
-
-
total
8 616
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 587
21 432
20 574
20 506
After tax
35 413
35 568
36 426
36 494
Living cost
947
947
947
947
Free-cash
34 466
34 621
35 479
35 547

Estimated living cost  is ₴947 per week

₴563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴77
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
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.
₴286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₴21607
₴29509
₴21607
₴32096
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.

-
-
-
57 000
pensions
-
-
-
10 096
income
-
-
-
11 628
health
-
-
-
4 000
unemployment
-
-
-
582
total
-
-
-
26 306
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.

13 702
-
50 049
-
pensions
1 918
-
5 436
-
income
1 889
-
11 628
-
health
706
-
2 000
-
unemployment
103
-
291
-
total
4 616
-
19 355
-
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.

13 702
-
50 049
-
pensions
1 644
-
4 660
-
health
706
-
2 000
-
unemployment
103
-
291
-
total
2 453
-
6 951
-
Corporate
40 845
57 000
-
-
income
6 127
8 550
-
-
total
6 127
8 550
-
-
Dividends
34 719
48 450
-
-
withholding
5 208
7 267
-
-
total
5 208
7 267
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 404
15 817
26 306
26 306
After tax
38 596
41 183
30 694
30 694
Living cost
9 087
9 087
9 087
9 087
Free-cash
29 509
32 096
21 607
21 607

Estimated living cost  is ₴9087 per week

₴6118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴263
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.
₴2003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₴17483
₴18049
₴14309
₴18238
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.

-
-
-
57 000
surtax
-
-
-
-
social contributions

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

-
-
-
19 808
income
-
-
-
5 525
total
-
-
-
25 333
Employee
20 420
-
46 060
-
income
3 990
-
12 500
-
social contributions
2 246
-
5 067
-
surtax
-
-
-
-
total
6 236
-
17 567
-
Employer
20 420
-
46 060
-
social contributions
4 849
-
10 940
-
total
4 849
-
10 940
-
Corporate
31 731
57 000
-
-
surtax
-
-
-
-
income
6 663
11 970
-
-
total
6 663
11 970
-
-
Dividends
25 067
45 030
-
-
withholding
7 019
12 608
-
-
total
7 019
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 767
24 578
28 507
25 333
After tax
32 233
32 422
28 493
31 667
Living cost
14 184
14 184
14 184
14 184
Free-cash
18 049
18 238
14 309
17 483

Estimated living cost  is ₴14184 per week

₴10046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴2901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₴12496
₴15893
₴11301
₴19905
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
-
-
-
57 000
other
-
-
-
49
pensions
-
-
-
13 800
income
-
-
-
11 385
accident
-
-
-
439
unemployment
-
-
-
341
total
-
-
-
26 014
Employee
25 409
-
43 221
-
pensions
1 194
-
2 032
-
income
5 307
-
10 685
-
other
25
-
43
-
unemployment
393
-
670
-
total
6 919
-
13 430
-
Employer
25 409
-
43 221
-
pensions
5 996
-
10 200
-
other
204
-
346
-
unemployment
1 398
-
2 377
-
accident
503
-
856
-
total
8 101
-
13 779
-
Corporate
23 490
57 000
-
-
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.

3 523
8 550
-
-
total
3 523
8 550
-
-
Dividends
19 966
48 450
-
-
withholding
4 074
10 055
-
-
total
4 074
10 055
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 617
18 605
27 209
26 014
After tax
34 383
38 395
29 791
30 986
Living cost
18 490
18 490
18 490
18 490
Free-cash
15 893
19 905
11 301
12 496

Estimated living cost  is ₴18490 per week

₴13279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₴34549
₴36527
₴36404
₴39721
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
-
-
-
57 000
pensions

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

-
-
-
2 709
income
-
-
-
8 550
health
-
-
-
2 105
unemployment
-
-
-
73
total
-
-
-
13 437
Employee
11 935
-
53 409
-
pensions

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

1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

131
-
201
-
income
1 194
-
5 341
-
health
549
-
842
-
total
2 922
-
7 991
-
Employer
11 935
-
53 409
-
pensions

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

1 315
-
2 017
-
health
824
-
1 263
-
unemployment
72
-
110
-
accident

We are using the highest rate at 1.1%.

131
-
201
-
total
2 342
-
3 591
-
Corporate
42 723
57 000
-
-
income
4 272
5 700
-
-
total
4 272
5 700
-
-
Dividends
38 451
51 300
-
-
withholding
1 923
2 565
-
-
total
1 923
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 459
8 265
11 582
13 437
After tax
45 541
48 735
45 418
43 563
Living cost
9 014
9 014
9 014
9 014
Free-cash
36 527
39 721
36 404
34 549

Estimated living cost  is ₴9014 per week

₴5961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
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.
₴2321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₴15012
₴15962
₴19682
₴9081
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.

-
-
-
57 000
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.

-
-
-
699
trade
-
-
-
4 670
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.

-
-
-
12 713
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.

-
-
-
3 594
total
-
-
-
21 676
Employee

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

26 178
-
57 000
-
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.

2 153
-
12 713
-
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.

3 594
-
3 594
-
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.

119
-
699
-
total
5 866
-
17 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 822
57 000
-
-
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.

255
470
-
-
income
4 624
8 550
-
-
trade
4 423
8 179
-
-
chamber of commerce
125
164
-
-
total
9 427
17 363
-
-
Dividends
21 396
39 637
-
-
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.

284
534
-
-
withholding
5 149
9 710
-
-
total
5 433
10 244
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 726
27 607
17 006
21 676
After tax
36 274
29 393
39 994
35 324
Living cost
20 312
20 312
20 312
20 312
Free-cash
15 962
9 081
19 682
15 012

Estimated living cost  is ₴20312 per week

₴14012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴295
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.
₴3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₴7764
₴11091
₴7764
₴9930
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
-
-
-
57 000
income
-
-
-
14 104
social contributions
-
-
-
5 162
total
-
-
-
19 266
Employee
41 155
-
57 000
-
income
7 766
-
14 104
-
social contributions
3 419
-
5 162
-
total
11 185
-
19 266
-
Employer
41 155
-
57 000
-
total
-
-
-
-
Corporate
15 845
57 000
-
-
income
1 981
7 125
-
-
total
1 981
7 125
-
-
Dividends
13 865
49 875
-
-
withholding
2 773
9 975
-
-
total
2 773
9 975
-
-
Income
57 000
57 000
57 000
57 000
Total tax
15 939
17 100
19 266
19 266
After tax
41 061
39 900
37 734
37 734
Living cost
29 970
29 970
29 970
29 970
Free-cash
11 091
9 930
7 764
7 764

Estimated living cost  is ₴29970 per week

₴22801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴287
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.
₴4441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₴19736
₴17011
₴22832
₴15172
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.

-
-
-
57 000
income
-
-
-
14 976
health

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

-
-
-
3 190
total
-
-
-
18 166
Employee
24 135
-
54 580
-
social contributions
2 418
-
2 420
-
income
2 619
-
10 230
-
total
5 037
-
12 650
-
Employer
24 135
-
54 580
-
social contributions
2 418
-
2 420
-
total
2 418
-
2 420
-
Corporate
30 446
57 000
-
-
income
10 656
19 950
-
-
total
10 656
19 950
-
-
Dividends
19 790
37 050
-
-
social contributions
2 780
2 780
-
-
total
2 780
2 780
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 891
22 730
15 070
18 166
After tax
36 109
34 270
41 930
38 834
Living cost
19 098
19 098
19 098
19 098
Free-cash
17 011
15 172
22 832
19 736

Estimated living cost  is ₴19098 per week

₴12580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
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.
₴4720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴21063
₴20425
₴15916
₴21712
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
-
-
-
57 000
pensions
-
-
-
3 991
income
-
-
-
12 602
total
-
-
-
16 593
Employee
26 552
-
50 114
-
pensions
2 027
-
4 854
-
income
4 835
-
9 171
-
health
346
-
829
-
total
7 208
-
14 854
-
Employer
26 552
-
50 114
-
pensions
2 683
-
5 934
-
health
505
-
952
-
total
3 188
-
6 886
-
Corporate
27 260
57 000
-
-
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.

5 179
10 830
-
-
total
5 179
10 830
-
-
Dividends
22 081
46 170
-
-
withholding
1 656
5 114
-
-
total
1 656
5 114
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 231
15 944
21 740
16 593
After tax
39 769
41 056
35 260
40 407
Living cost
19 344
19 344
19 344
19 344
Free-cash
20 425
21 712
15 916
21 063

Estimated living cost  is ₴19344 per week

₴13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴4052
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.

Source of data for Edinburgh model

Close
Warsaw , Poland
₴26346
₴2662
₴16897
-₴8137
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
-
-
-
57 000
other
-
-
-
198
pensions
-
-
-
2 228
income
-
-
-
14 171
accident
-
-
-
135
health
-
-
-
1 168
total
-
-
-
17 900
Employee
20 063
-
49 079
-
pensions
2 259
-
4 085
-
income
2 753
-
9 724
-
health
2 297
-
5 619
-
total
7 309
-
19 428
-
Employer
20 063
-
49 079
-
pensions
3 262
-
5 899
-
unemployment
491
-
1 202
-
accident
335
-
820
-
total
4 088
-
7 921
-
Corporate
32 848
57 000
-
-
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.

29 563
51 300
-
-
total
29 563
51 300
-
-
Dividends
3 285
5 700
-
-
withholding
624
1 083
-
-
total
624
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
41 584
52 383
27 349
17 900
After tax
15 416
4 617
29 651
39 100
Living cost
12 754
12 754
12 754
12 754
Free-cash
2 662
-8 137
16 897
26 346

Estimated living cost  is ₴12754 per week

₴9360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴2394
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.

Source of data for Warsaw model

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Skopje , Macedonia
₴25369
₴38800
₴29491
₴40870
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
57 000
pensions
-
-
-
10 488
work injury
-
-
-
285
health insurance
-
-
-
4 218
income
-
-
-
8 860
unemployment
-
-
-
684
total
-
-
-
24 535
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

11 354
-
57 000
-
pensions
2 089
-
7 730
-
income
1 135
-
8 860
-
health insurance
840
-
3 109
-
unemployment
136
-
504
-
work injury
57
-
210
-
total
4 257
-
20 413
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 646
57 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
570
-
-
total
-
570
-
-
Dividends
45 646
56 430
-
-
withholding
6 847
8 464
-
-
total
6 847
8 464
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 104
9 034
20 413
24 535
After tax
45 896
47 966
36 587
32 465
Living cost
7 096
7 096
7 096
7 096
Free-cash
38 800
40 870
29 491
25 369

Estimated living cost  is ₴7096 per week

₴4396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
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.
₴1963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₴7406
₴6672
₴4798
₴9065
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
-
-
-
57 000
national
-
-
-
12 414
social contributions
-
-
-
14 661
municipal
-
-
-
381
regional
-
-
-
1 179
total
-
-
-
28 635
Employee
44 334
-
57 000
-
social contributions
14 949
-
19 221
-
municipal
265
-
340
-
regional
669
-
1 000
-
national
7 492
-
10 682
-
total
23 375
-
31 243
-
Employer
44 334
-
57 000
-
total
-
-
-
-
Corporate
12 666
57 000
-
-
municipal
610
2 748
-
-
nationa
3 040
13 680
-
-
total
3 650
16 428
-
-
Dividends
9 015
40 572
-
-
withholding
2 344
10 548
-
-
total
2 344
10 548
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 369
26 976
31 243
28 635
After tax
27 631
30 024
25 757
28 365
Living cost
20 959
20 959
20 959
20 959
Free-cash
6 672
9 065
4 798
7 406

Estimated living cost  is ₴20959 per week

₴14723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
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.
₴4478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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