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
₴24200
₴13144
₴19009
₴18863
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
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.

-
-
-
12 898
trade
-
-
-
5 191
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.

-
-
-
3 532
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.

-
-
-
709
total
-
-
-
22 330
Employee

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

19 776
-
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.

30
-
709
-
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.

3 532
-
3 532
-
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.

552
-
12 898
-
total
4 114
-
17 139
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 224
57 000
-
-
income
5 584
8 550
-
-
trade
5 863
8 978
-
-
surtax

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

307
470
-
-
chamber of commerce
132
160
-
-
total
11 886
18 158
-
-
Dividends
25 338
38 842
-
-
withholding
6 138
9 514
-
-
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.

338
523
-
-
total
6 476
10 037
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 476
28 195
17 139
22 330
After tax
34 524
28 805
39 861
34 670
Living cost
15 661
15 661
15 661
15 661
Free-cash
18 863
13 144
24 200
19 009

Estimated living cost  is ₴15661 per week

₴9851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴3691
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
₴7417
₴8225
₴6970
₴7770
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
-
-
-
6 840
social contributions
-
-
-
613
municipal
-
-
-
5 975
national
-
-
-
9 259
total
-
-
-
22 687
Employee
42 387
-
49 276
-
municipal
5 236
-
6 196
-
pensions
1 695
-
1 971
-
national
8 113
-
9 601
-
total
15 044
-
17 768
-
Employer
42 387
-
49 276
-
social contributions
456
-
530
-
pensions
3 391
-
3 942
-
total
3 847
-
4 472
-
Corporate
7 969
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%.

1 594
11 400
-
-
total
1 594
11 400
-
-
Dividends
6 375
45 600
-
-
withholding
1 402
10 032
-
-
total
1 402
10 032
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 887
21 432
22 240
22 687
After tax
35 113
35 568
34 760
34 313
Living cost
27 343
27 343
27 343
27 343
Free-cash
7 770
8 225
7 417
6 970

Estimated living cost  is ₴27343 per week

₴18585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴409
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.
₴5807
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
₴21310
₴34843
₴19612
₴30603
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
income
-
-
-
8 306
microenterprise
-
-
-
-
social contributions

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

-
-
-
18 325
surtax
-
-
-
-
total
-
-
-
26 631
Employee
15 108
-
45 934
-
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.

1 662
-
5 053
-
income
2 689
-
8 814
-
total
4 351
-
13 867
-
Employer
15 108
-
45 934
-
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.

3 639
-
11 066
-
total
3 639
-
11 066
-
Corporate
38 253
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%.

7 650
11 400
-
-
total
7 650
11 400
-
-
Dividends

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

30 602
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
15 640
11 400
24 933
26 631
After tax
41 360
45 600
32 067
30 369
Living cost
10 757
10 757
10 757
10 757
Free-cash
30 603
34 843
21 310
19 612

Estimated living cost  is ₴10757 per week

₴6862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2626
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
₴7550
₴6054
₴10785
₴2885
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
-
-
-
12 121
pensions
-
-
-
6 058
health
-
-
-
6 376
total
-
-
-
24 555
Employee
44 153
44 153
48 506
-
pensions
7 948
6 058
6 058
-
health
6 777
5 764
6 013
-
income

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

7 227
7 227
7 227
-
total
21 952
19 049
19 298
-
Employer
44 153
44 153
48 506
-
health
3 069
3 069
3 371
-
unemployment
1 590
1 590
1 746
-
pensions
3 073
3 073
3 376
-
total
7 732
7 732
8 493
-
Corporate
5 657
5 115
-
-
income
1 131
1 023
-
-
total
1 131
1 023
-
-
Dividends
4 526
4 092
-
-
income
962
869
-
-
withholding
679
614
-
-
total
1 641
1 483
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 456
29 287
27 791
24 555
After tax
24 544
27 713
29 209
32 445
Living cost
21 660
21 660
21 660
21 660
Free-cash
2 885
6 054
7 550
10 785

Estimated living cost  is ₴21660 per week

₴15350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴344
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.
₴4013
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
₴9360
₴10044
₴9532
₴9570
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
-
-
-
4 994
other
-
-
-
5 368
unemployment
-
-
-
46
accident
-
-
-
92
health
-
-
-
2 883
municipal
-
-
-
13 007
national
-
-
-
-
total
-
-
-
26 390
Employee
30 034
-
43 372
-
municipal
8 956
-
12 934
-
national
-
-
-
-
total
8 956
-
12 934
-
Employer
30 034
-
43 372
-
accident
60
-
87
-
other
3 490
-
5 040
-
health
1 847
-
2 667
-
unemployment
793
-
1 145
-
pensions
3 247
-
4 689
-
total
9 437
-
13 628
-
Corporate
17 530
57 000
-
-
income
3 857
12 540
-
-
total
3 857
12 540
-
-
Dividends
13 673
44 460
-
-
withholding
4 102
13 338
-
-
total
4 102
13 338
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 352
25 878
26 562
26 390
After tax
30 648
31 122
30 438
30 610
Living cost
21 078
21 078
21 078
21 078
Free-cash
9 570
10 044
9 360
9 532

Estimated living cost  is ₴21078 per week

₴13969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴320
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 Stockholm model

Close
Hamburg , Germany
₴19550
₴8201
₴14128
₴15465
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
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.

-
-
-
12 898
trade
-
-
-
5 422
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.

-
-
-
3 532
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.

-
-
-
709
total
-
-
-
22 561
Employee

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

26 220
-
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.

124
-
709
-
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.

3 532
-
3 532
-
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.

2 253
-
12 898
-
total
5 909
-
17 139
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 780
57 000
-
-
income
4 617
8 550
-
-
trade
5 063
9 376
-
-
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.

254
470
-
-
chamber of commerce
123
160
-
-
total
10 057
18 556
-
-
Dividends
20 723
38 444
-
-
withholding
4 984
9 414
-
-
surtax

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

274
518
-
-
total
5 258
9 932
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 224
28 488
17 139
22 561
After tax
35 776
28 512
39 861
34 439
Living cost
20 311
20 311
20 311
20 311
Free-cash
15 465
8 201
19 550
14 128

Estimated living cost  is ₴20311 per week

₴13584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2142
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.
₴4282
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
₴22885
₴24924
₴23311
₴22778
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
-
-
-
7 100
social contributions
-
-
-
8 366
health
-
-
-
1 453
total
-
-
-
16 919
Employee
39 758
39 758
51 748
-
social contributions
1 932
3 300
4 295
-
health
395
676
880
-
income
4 175
3 680
6 917
-
total
6 502
7 656
12 092
-
Employer
39 758
39 758
51 748
-
health
431
736
958
-
social contributions
1 932
3 300
4 295
-
total
2 363
4 036
5 253
-
Corporate
31 365
13 207
-
-
income
3 921
1 650
-
-
total
3 921
1 650
-
-
Dividends
27 444
11 556
-
-
withholding
4 666
1 964
-
-
total
4 666
1 964
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 452
15 306
17 345
16 919
After tax
39 548
41 694
39 655
40 081
Living cost
16 770
16 770
16 770
16 770
Free-cash
22 778
24 924
22 885
23 311

Estimated living cost  is ₴16770 per week

₴11464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴3715
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
₴22662
₴21729
₴29105
₴21945
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
-
-
-
6 968
pensions
-
-
-
5 700
unemployment
-
-
-
855
health
-
-
-
3 990
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.

14 986
5 964
47 699
-
unemployment
225
89
715
-
pensions
1 499
596
4 770
-
health
1 049
418
3 339
-
income
1 832
729
5 831
-
total
4 605
1 832
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.

14 986
5 964
47 699
-
pensions
2 922
1 163
9 301
-
total
2 922
1 163
9 301
-
Corporate
39 091
49 873
-
-
income
3 518
4 489
-
-
total
3 518
4 489
-
-
Dividends
35 573
45 384
-
-
withholding
6 759
8 623
-
-
social contributions
6 869
8 782
-
-
total
13 628
17 405
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 673
24 889
23 956
17 513
After tax
32 327
32 111
33 044
39 487
Living cost
10 382
10 382
10 382
10 382
Free-cash
21 945
21 729
22 662
29 105

Estimated living cost  is ₴10382 per week

₴7085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₴20366
₴33112
₴18065
₴29900
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
-
-
-
7 637
pensions
-
-
-
11 400
health
-
-
-
7 410
total
-
-
-
26 447
Employee
14 668
-
42 601
-
unemployment
235
-
682
-
pensions
293
-
852
-
income
1 651
-
8 213
-
total
2 179
-
9 747
-
Employer
14 668
-
42 601
-
health
1 906
-
5 538
-
unemployment
118
-
340
-
pensions
2 934
-
8 521
-
total
4 958
-
14 399
-
Corporate
37 375
57 000
-
-
income
7 475
11 400
-
-
total
7 475
11 400
-
-
Dividends
29 900
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 612
11 400
24 146
26 447
After tax
42 388
45 600
32 854
30 553
Living cost
12 488
12 488
12 488
12 488
Free-cash
29 900
33 112
20 366
18 065

Estimated living cost  is ₴12488 per week

₴8566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2928
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
₴18451
-₴6710
₴27760
₴2881
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
-
-
-
14 327
pensions
-
-
-
2 142
other
-
-
-
191
accident
-
-
-
130
health
-
-
-
1 123
total
-
-
-
17 913
Employee
17 818
-
49 297
-
pensions
2 006
-
3 928
-
health
2 040
-
5 644
-
income
2 444
-
9 947
-
total
6 490
-
19 519
-
Employer
17 818
-
49 297
-
accident
297
-
823
-
unemployment
437
-
1 208
-
pensions
2 897
-
5 672
-
total
3 631
-
7 703
-
Corporate
35 551
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.

31 996
51 300
-
-
total
31 996
51 300
-
-
Dividends
3 555
5 700
-
-
withholding
675
1 083
-
-
total
675
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 792
52 383
27 222
17 913
After tax
14 208
4 617
29 778
39 087
Living cost
11 327
11 327
11 327
11 327
Free-cash
2 881
-6 710
18 451
27 760

Estimated living cost  is ₴11327 per week

₴8302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴2162
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
₴41184
₴49734
₴52014
₴48906
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
5 520
-
57 000
-
income
1 104
-
11 400
-
total
1 104
-
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%.

51 480
57 000
-
-
total
-
-
-
-
Dividends
51 480
57 000
-
-
withholding
2 574
2 850
-
-
total
2 574
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
3 678
2 850
11 400
570
After tax
53 322
54 150
45 600
56 430
Living cost
4 416
4 416
4 416
4 416
Free-cash
48 906
49 734
41 184
52 014

Estimated living cost  is ₴4416 per week

₴2737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴121
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1191
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
₴19346
₴28100
₴16989
₴24610
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
-
-
-
7 338
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.

-
-
-
13 681
other
-
-
-
2 707
health
-
-
-
2 508
total
-
-
-
26 234
Employee
18 773
-
45 527
-
unemployment
187
-
455
-
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.

1 314
-
3 187
-
health
263
-
638
-
income
3 232
-
8 124
-
total
4 996
-
12 404
-
Employer
18 773
-
45 527
-
accident
150
-
364
-
other
939
-
2 276
-
health
263
-
638
-
unemployment
187
-
455
-
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.

3 192
-
7 740
-
total
4 731
-
11 473
-
Corporate
33 496
57 000
-
-
income
7 034
11 970
-
-
total
7 034
11 970
-
-
Dividends
26 462
45 030
-
-
withholding
1 852
3 153
-
-
total
1 852
3 153
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 613
15 123
23 877
26 234
After tax
38 387
41 877
33 123
30 766
Living cost
13 777
13 777
13 777
13 777
Free-cash
24 610
28 100
19 346
16 989

Estimated living cost  is ₴13777 per week

₴9734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
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.
₴2891
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
₴386
₴6184
₴5530
₴653
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
-
-
-
12 584
pensions
-
-
-
3 996
total
-
-
-
16 580
Employee
49 364
-
50 116
-
pensions
4 762
-
4 853
-
health
813
-
830
-
income
8 898
-
9 157
-
total
14 473
-
14 840
-
Employer
49 364
-
50 116
-
health
938
-
952
-
pensions
5 828
-
5 932
-
total
6 766
-
6 884
-
Corporate
870
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.

165
10 830
-
-
total
165
10 830
-
-
Dividends
705
46 170
-
-
withholding
53
5 096
-
-
total
53
5 096
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 457
15 926
21 724
16 580
After tax
35 543
41 074
35 276
40 420
Living cost
34 890
34 890
34 890
34 890
Free-cash
653
6 184
386
5 530

Estimated living cost  is ₴34890 per week

₴26144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
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.
₴4364
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
₴38716
₴41956
₴36849
₴39553
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
-
-
-
8 550
pensions

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

-
-
-
2 673
unemployment
-
-
-
72
health
-
-
-
2 077
total
-
-
-
13 372
Employee
8 976
-
53 457
-
pensions

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

788
-
1 586
-
health
413
-
831
-
accident

We are using the highest rate at 1.1%.

99
-
199
-
income
898
-
5 346
-
total
2 198
-
7 962
-
Employer
8 976
-
53 457
-
accident

We are using the highest rate at 1.1%.

99
-
199
-
health
620
-
1 246
-
unemployment
54
-
108
-
pensions

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

989
-
1 990
-
total
1 762
-
3 543
-
Corporate
46 262
57 000
-
-
income
4 626
5 700
-
-
total
4 626
5 700
-
-
Dividends
41 636
51 300
-
-
withholding
2 082
2 565
-
-
total
2 082
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
10 668
8 265
11 505
13 372
After tax
46 332
48 735
45 495
43 628
Living cost
6 779
6 779
6 779
6 779
Free-cash
39 553
41 956
38 716
36 849

Estimated living cost  is ₴6779 per week

₴3958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2158
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
₴538
-₴958
₴3774
₴343
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
-
-
-
12 121
pensions
-
-
-
6 058
health
-
-
-
6 376
total
-
-
-
24 555
Employee
47 936
44 153
48 506
-
pensions
6 058
6 058
6 058
-
health
5 980
5 764
6 013
-
income

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

7 227
7 227
7 227
-
total
19 265
19 049
19 298
-
Employer
47 936
44 153
48 506
-
health
3 331
3 069
3 371
-
unemployment
1 726
1 590
1 746
-
pensions
3 336
3 073
3 376
-
total
8 393
7 732
8 493
-
Corporate
671
5 115
-
-
income
134
1 023
-
-
total
134
1 023
-
-
Dividends
537
4 092
-
-
income
114
869
-
-
withholding
80
614
-
-
total
194
1 483
-
-
Income
57 000
57 000
57 000
57 000
Total tax
27 986
29 287
27 791
24 555
After tax
29 014
27 713
29 209
32 445
Living cost
28 671
28 671
28 671
28 671
Free-cash
343
-958
538
3 774

Estimated living cost  is ₴28671 per week

₴21149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴329
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.
₴4632
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
₴16046
₴26365
₴14882
₴21770
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
-
-
-
4 899
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 644
health
-
-
-
7 695
total
-
-
-
29 238
Employee
18 942
-
42 537
-
social contributions
1 231
-
2 765
-
solidarity contribution
-
-
-
-
health
2 557
-
5 743
-
income
2 273
-
5 104
-
total
6 061
-
13 612
-
Employer
18 942
-
42 537
-
health
1 705
-
3 828
-
social contributions
4 735
-
10 634
-
total
6 440
-
14 462
-
Corporate
31 618
57 000
-
-
income
6 007
10 830
-
-
total
6 007
10 830
-
-
Dividends
25 611
46 170
-
-
withholding
3 842
6 925
-
-
total
3 842
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 350
17 755
28 074
29 238
After tax
34 650
39 245
28 926
27 762
Living cost
12 880
12 880
12 880
12 880
Free-cash
21 770
26 365
16 046
14 882

Estimated living cost  is ₴12880 per week

₴8947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴2764
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
₴4355
₴8595
₴7065
₴5895
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
regional
-
-
-
639
social contributions
-
-
-
14 661
municipal
-
-
-
339
national
-
-
-
12 479
total
-
-
-
28 118
Employee
45 951
-
57 000
-
municipal
243
-
302
-
social contributions
15 495
-
19 220
-
regional
434
-
560
-
national
7 962
-
10 746
-
total
24 134
-
30 828
-
Employer
45 951
-
57 000
-
total
-
-
-
-
Corporate
11 049
57 000
-
-
nationa
2 652
13 680
-
-
municipal
431
2 223
-
-
total
3 083
15 903
-
-
Dividends
7 966
41 097
-
-
withholding
2 071
10 685
-
-
total
2 071
10 685
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 288
26 588
30 828
28 118
After tax
27 712
30 412
26 172
28 882
Living cost
21 817
21 817
21 817
21 817
Free-cash
5 895
8 595
4 355
7 065

Estimated living cost  is ₴21817 per week

₴15208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴335
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.
₴4843
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
₴16241
₴24444
₴17176
₴22834
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
-
-
-
11 385
pensions
-
-
-
11 400
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
4 047
surtax
-
-
-
1 465
total
-
-
-
28 415
Employee
17 098
-
47 088
-
unemployment
1 190
-
3 277
-
surtax
56
-
1 318
-
pensions
1 140
-
3 141
-
health
437
-
1 201
-
other
-
-
-
-
income
2 866
-
10 501
-
total
5 689
-
19 438
-
Employer
17 098
-
47 088
-
other
-
-
-
-
health
778
-
2 143
-
unemployment
542
-
1 492
-
pensions
2 279
-
6 277
-
total
3 599
-
9 912
-
Corporate
36 303
57 000
-
-
income
9 439
14 820
-
-
total
9 439
14 820
-
-
Dividends
26 864
42 180
-
-
withholding
4 030
6 327
-
-
total
4 030
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 757
21 147
29 350
28 415
After tax
34 243
35 853
27 650
28 585
Living cost
11 409
11 409
11 409
11 409
Free-cash
22 834
24 444
16 241
17 176

Estimated living cost  is ₴11409 per week

₴6976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1053
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.
₴3117
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
₴11440
₴17238
₴16584
₴14768
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
-
-
-
12 584
pensions
-
-
-
3 996
total
-
-
-
16 580
Employee
33 082
-
50 116
-
pensions
2 808
-
4 853
-
health
480
-
830
-
income
5 958
-
9 157
-
total
9 246
-
14 840
-
Employer
33 082
-
50 116
-
health
628
-
952
-
pensions
3 581
-
5 932
-
total
4 209
-
6 884
-
Corporate
19 708
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.

3 744
10 830
-
-
total
3 744
10 830
-
-
Dividends
15 964
46 170
-
-
withholding
1 197
5 096
-
-
total
1 197
5 096
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 396
15 926
21 724
16 580
After tax
38 604
41 074
35 276
40 420
Living cost
23 836
23 836
23 836
23 836
Free-cash
14 768
17 238
11 440
16 584

Estimated living cost  is ₴23836 per week

₴17858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1787
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.
₴3942
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
₴3342
-₴15209
₴6166
₴2451
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
regional
-
-
-
2 035
pensions
-
-
-
5 244
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
city
-
-
-
601
health
-
-
-
135
national
-
-
-
405
total
-
-
-
9 560
Employee
48 302
-
51 019
-
city
518
-
548
-
unemployment
-
-
-
-
pensions
4 058
-
4 285
-
regional
1 582
-
1 729
-
health
109
-
114
-
national
229
-
288
-
total
6 496
-
6 964
-
Employer
48 302
-
51 019
-
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.

966
-
1 021
-
health
109
-
114
-
unemployment
-
-
-
-
pensions
4 058
-
4 285
-
total
5 133
-
5 420
-
Corporate
3 034
57 000
-
-
national
258
4 845
-
-
regional
641
12 055
-
-
total
899
16 900
-
-
Dividends
2 135
40 100
-
-
withholding
747
14 035
-
-
total
747
14 035
-
-
Income
57 000
57 000
57 000
57 000
Total tax
13 275
30 935
12 384
9 560
After tax
43 725
26 065
44 616
47 440
Living cost
41 274
41 274
41 274
41 274
Free-cash
2 451
-15 209
3 342
6 166

Estimated living cost  is ₴41274 per week

₴26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴507
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.
₴10223
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
₴16175
₴4533
₴10522
₴12916
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
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.

-
-
-
12 898
trade
-
-
-
5 653
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.

-
-
-
3 532
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.

-
-
-
709
total
-
-
-
22 792
Employee

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

31 073
-
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.

201
-
709
-
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.

3 532
-
3 532
-
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.

3 654
-
12 898
-
total
7 387
-
17 139
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 927
57 000
-
-
income
3 889
8 550
-
-
trade
4 447
9 775
-
-
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.

214
470
-
-
chamber of commerce
115
159
-
-
total
8 665
18 954
-
-
Dividends
17 262
38 046
-
-
withholding
4 119
9 315
-
-
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.

227
512
-
-
total
4 346
9 827
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 398
28 781
17 139
22 792
After tax
36 602
28 219
39 861
34 208
Living cost
23 686
23 686
23 686
23 686
Free-cash
12 916
4 533
16 175
10 522

Estimated living cost  is ₴23686 per week

₴17299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1895
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.
₴4185
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
₴17400
₴11038
₴14983
₴14091
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
-
-
-
6 178
pensions
-
-
-
13 411
social contributions
-
-
-
1 624
other
-
-
-
1 767
health
-
-
-
1 347
surtax
-
-
-
-
total
-
-
-
24 327
Employee
22 128
-
45 968
-
surtax
-
-
-
-
pensions
2 502
-
2 381
-
social contributions
631
-
1 310
-
income
1 306
-
7 189
-
total
4 439
-
10 880
-
Employer
22 128
-
45 968
-
other
763
-
1 586
-
health
1 549
-
3 290
-
unemployment
896
-
1 861
-
social contributions
67
-
138
-
pensions
3 635
-
4 155
-
total
6 910
-
11 030
-
Corporate
27 961
57 000
-
-
income
7 829
15 960
-
-
surtax
-
-
-
-
total
7 829
15 960
-
-
Dividends
20 132
41 040
-
-
withholding
2 577
5 253
-
-
surtax
-
-
-
-
social contributions
3 464
7 059
-
-
total
6 041
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 219
28 272
21 910
24 327
After tax
31 781
28 728
35 090
32 673
Living cost
17 690
17 690
17 690
17 690
Free-cash
14 091
11 038
17 400
14 983

Estimated living cost  is ₴17690 per week

₴11154
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.
₴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.
₴4797
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
₴19153
₴12791
₴16736
₴15665
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
-
-
-
6 178
pensions
-
-
-
13 411
social contributions
-
-
-
1 624
other
-
-
-
1 767
health
-
-
-
1 347
surtax
-
-
-
-
total
-
-
-
24 327
Employee
19 753
-
45 968
-
surtax
-
-
-
-
pensions
2 234
-
2 381
-
social contributions
563
-
1 310
-
income
1 018
-
7 189
-
total
3 815
-
10 880
-
Employer
19 753
-
45 968
-
other
682
-
1 586
-
health
1 382
-
3 290
-
unemployment
800
-
1 861
-
social contributions
59
-
138
-
pensions
3 246
-
4 155
-
total
6 169
-
11 030
-
Corporate
31 079
57 000
-
-
income
8 702
15 960
-
-
surtax
-
-
-
-
total
8 702
15 960
-
-
Dividends
22 376
41 040
-
-
withholding
2 864
5 253
-
-
surtax
-
-
-
-
social contributions
3 848
7 059
-
-
total
6 712
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 398
28 272
21 910
24 327
After tax
31 602
28 728
35 090
32 673
Living cost
15 937
15 937
15 937
15 937
Free-cash
15 665
12 791
19 153
16 736

Estimated living cost  is ₴15937 per week

₴9243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
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.
₴4773
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
₴25466
₴23812
₴25641
₴24079
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
-
-
-
8 550
social contributions
-
-
-
7 866
health
-
-
-
3 979
total
-
-
-
20 395
Employee
17 531
-
57 000
-
social contributions
2 420
-
7 866
-
health
1 224
-
3 979
-
income
2 924
-
8 725
-
total
6 568
-
20 570
-
Employer
17 531
-
57 000
-
total
-
-
-
-
Corporate
39 469
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%.

1 973
2 850
-
-
total
1 973
2 850
-
-
Dividends
37 496
54 150
-
-
withholding
5 624
8 122
-
-
health
2 617
3 779
-
-
social contributions
5 175
7 473
-
-
total
13 416
19 374
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 957
22 224
20 570
20 395
After tax
35 043
34 776
36 430
36 605
Living cost
10 964
10 964
10 964
10 964
Free-cash
24 079
23 812
25 466
25 641

Estimated living cost  is ₴10964 per week

₴7337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴676
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.
₴2697
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
-₴1610
₴13646
₴10209
₴12845
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
-
-
-
10 167
pensions
-
-
-
10 545
unemployment
-
-
-
3 171
health
-
-
-
4 360
chamber of commerce
-
-
-
228
surtax
-
-
-
102
total
-
-
-
28 573
Employee
25 839
20 605
44 183
-
unemployment
775
618
1 326
-
pensions
2 646
2 110
4 524
-
health
1 000
798
1 710
-
other
258
206
442
-
income
2 942
1 520
9 015
-
total
7 621
5 252
17 017
-
Employer
25 839
20 605
44 183
-
surtax
102
102
102
-
accident
336
268
574
-
other
1 227
978
2 099
-
health
976
779
1 670
-
unemployment
775
618
1 326
-
chamber of commerce
103
82
177
-
payroll
775
618
1 326
-
pensions
3 243
2 586
5 545
-
total
7 537
6 031
12 819
-
Corporate
23 623
30 363
42 221
-
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.

5 906
7 590
10 556
-
total
5 906
7 590
10 556
-
Dividends
17 718
22 773
-
-
withholding
4 873
6 263
-
-
total
4 873
6 263
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 937
25 136
40 392
28 573
After tax
31 063
31 864
16 608
28 427
Living cost
18 218
18 218
18 218
18 218
Free-cash
12 845
13 646
-1 610
10 209

Estimated living cost  is ₴18218 per week

₴12151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴4214
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
₴3051
₴13096
₴7273
₴5341
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
communal

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

-
-
-
2 869
social contributions
-
-
-
9 178
national
-
-
-
18 828
total
-
-
-
30 875
Employee

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

36 984
-
44 149
-
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.

322
-
384
-
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.

2 774
-
3 311
-
communal

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

1 929
-
2 303
-
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.

1 738
-
2 074
-
national
11 370
-
14 173
-
total
18 133
-
22 245
-
Employer

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

36 984
-
44 149
-
surtax
4 194
-
5 006
-
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.

481
-
574
-
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.

2 274
-
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.

540
-
645
-
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.

3 277
-
3 912
-
total
10 766
-
12 852
-
Corporate
9 250
57 000
-
-
income
1 851
11 400
-
-
surtax
37
228
-
-
total
1 888
11 628
-
-
Dividends
7 363
45 372
-
-
withholding

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

2 020
13 424
-
-
total
2 020
13 424
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 807
25 052
35 097
30 875
After tax
24 193
31 948
21 903
26 125
Living cost
18 852
18 852
18 852
18 852
Free-cash
5 341
13 096
3 051
7 273

Estimated living cost  is ₴18852 per week

₴12143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1648
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.
₴4766
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
₴11047
₴19721
₴12397
₴15603
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
-
-
-
11 553
pensions
-
-
-
13 562
other
-
-
-
48
unemployment
-
-
-
336
accident
-
-
-
432
total
-
-
-
25 931
Employee
25 737
-
43 221
-
unemployment
399
-
670
-
pensions
1 210
-
2 031
-
other
26
-
43
-
income
5 430
-
10 759
-
total
7 065
-
13 503
-
Employer
25 737
-
43 221
-
accident
509
-
856
-
other
205
-
345
-
unemployment
1 416
-
2 377
-
pensions
6 073
-
10 200
-
total
8 203
-
13 778
-
Corporate
23 059
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.

3 459
8 550
-
-
total
3 459
8 550
-
-
Dividends
19 601
48 450
-
-
withholding
3 998
10 057
-
-
total
3 998
10 057
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 725
18 607
27 281
25 931
After tax
34 275
38 393
29 719
31 069
Living cost
18 672
18 672
18 672
18 672
Free-cash
15 603
19 721
11 047
12 397

Estimated living cost  is ₴18672 per week

₴13750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴3328
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
₴6167
₴6600
₴3780
₴2818
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
-
-
-
5 664
communal
-
-
-
3 603
pensions
-
-
-
8 543
accident
-
-
-
481
health
-
-
-
4 005
surtax
-
-
-
2 826
total
-
-
-
25 122
Employee
39 155
-
50 916
-
surtax
2 400
-
3 120
-
pensions
3 132
-
4 073
-
health
1 743
-
2 266
-
income
3 782
-
7 192
-
total
11 057
-
16 651
-
Employer
39 155
-
50 916
-
accident
352
-
458
-
health
1 194
-
1 553
-
pensions
3 132
-
4 073
-
total
4 678
-
6 084
-
Corporate
13 167
57 000
-
-
income
1 975
8 550
-
-
surtax
138
599
-
-
communal
-
3 847
-
-
total
2 113
12 996
-
-
Dividends
11 053
44 004
-
-
income
6 578
2 706
-
-
withholding
1 658
6 600
-
-
total
8 236
9 306
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 084
22 302
22 735
25 122
After tax
30 916
34 698
34 265
31 878
Living cost
28 098
28 098
28 098
28 098
Free-cash
2 818
6 600
6 167
3 780

Estimated living cost  is ₴28098 per week

₴21078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
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.
₴5020
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
₴16037
₴24240
₴16972
₴22595
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
-
-
-
11 385
pensions
-
-
-
11 400
other
-
-
-
-
unemployment
-
-
-
118
health
-
-
-
4 047
surtax
-
-
-
1 465
total
-
-
-
28 415
Employee
17 412
-
47 088
-
unemployment
1 212
-
3 277
-
surtax
62
-
1 318
-
pensions
1 162
-
3 141
-
health
444
-
1 201
-
other
-
-
-
-
income
2 919
-
10 501
-
total
5 799
-
19 438
-
Employer
17 412
-
47 088
-
other
-
-
-
-
health
792
-
2 143
-
unemployment
552
-
1 492
-
pensions
2 321
-
6 277
-
total
3 665
-
9 912
-
Corporate
35 922
57 000
-
-
income
9 340
14 820
-
-
total
9 340
14 820
-
-
Dividends
26 582
42 180
-
-
withholding
3 988
6 327
-
-
total
3 988
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 792
21 147
29 350
28 415
After tax
34 208
35 853
27 650
28 585
Living cost
11 613
11 613
11 613
11 613
Free-cash
22 595
24 240
16 037
16 972

Estimated living cost  is ₴11613 per week

₴7012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1010
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.
₴3323
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
₴12037
₴16032
₴14733
₴14885
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
regional
-
-
-
860
social contributions
-
-
-
14 661
municipal
-
-
-
339
national
-
-
-
12 479
total
-
-
-
28 339
Employee
28 681
-
57 000
-
municipal
152
-
302
-
social contributions
9 671
-
19 220
-
regional
386
-
767
-
national
4 544
-
10 746
-
total
14 753
-
31 035
-
Employer
28 681
-
57 000
-
total
-
-
-
-
Corporate
28 319
57 000
-
-
nationa
6 797
13 680
-
-
municipal
1 407
2 833
-
-
total
8 204
16 513
-
-
Dividends
20 115
40 488
-
-
withholding
5 230
10 527
-
-
total
5 230
10 527
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 187
27 040
31 035
28 339
After tax
28 813
29 960
25 965
28 661
Living cost
13 928
13 928
13 928
13 928
Free-cash
14 885
16 032
12 037
14 733

Estimated living cost  is ₴13928 per week

₴8662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
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.
₴3617
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
₴13054
₴23373
₴11890
₴17711
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
-
-
-
4 899
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 644
health
-
-
-
7 695
total
-
-
-
29 238
Employee
23 341
-
42 537
-
social contributions
1 517
-
2 765
-
solidarity contribution
-
-
-
-
health
3 151
-
5 743
-
income
2 801
-
5 104
-
total
7 469
-
13 612
-
Employer
23 341
-
42 537
-
health
2 101
-
3 828
-
social contributions
5 835
-
10 634
-
total
7 936
-
14 462
-
Corporate
25 723
57 000
-
-
income
4 887
10 830
-
-
total
4 887
10 830
-
-
Dividends
20 836
46 170
-
-
withholding
3 125
6 925
-
-
total
3 125
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 417
17 755
28 074
29 238
After tax
33 583
39 245
28 926
27 762
Living cost
15 872
15 872
15 872
15 872
Free-cash
17 711
23 373
13 054
11 890

Estimated living cost  is ₴15872 per week

₴11803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴879
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.
₴2915
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
₴132
₴15425
₴12034
₴15168
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
-
-
-
10 167
pensions
-
-
-
10 545
unemployment
-
-
-
3 171
health
-
-
-
4 360
chamber of commerce
-
-
-
228
surtax
-
-
-
-
total
-
-
-
28 471
Employee
22 601
20 605
44 263
-
unemployment
678
618
1 328
-
pensions
2 315
2 110
4 533
-
health
874
798
1 713
-
other
226
206
443
-
income
2 013
1 520
9 043
-
total
6 106
5 252
17 060
-
Employer
22 601
20 605
44 263
-
surtax
-
-
-
-
accident
293
268
575
-
other
1 073
978
2 102
-
health
855
779
1 673
-
unemployment
678
618
1 328
-
chamber of commerce
90
82
177
-
payroll
678
618
1 328
-
pensions
2 837
2 586
5 555
-
total
6 504
5 929
12 738
-
Corporate
27 895
30 465
42 301
-
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.

6 973
7 616
10 575
-
total
6 973
7 616
10 575
-
Dividends
20 921
22 849
-
-
withholding
5 754
6 283
-
-
total
5 754
6 283
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 337
25 080
40 373
28 471
After tax
31 663
31 920
16 627
28 529
Living cost
16 495
16 495
16 495
16 495
Free-cash
15 168
15 425
132
12 034

Estimated living cost  is ₴16495 per week

₴9895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
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.
₴4621
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
₴38718
₴47268
₴49548
₴45977
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
8 602
-
57 000
-
income
1 721
-
11 400
-
total
1 721
-
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%.

48 398
57 000
-
-
total
-
-
-
-
Dividends
48 398
57 000
-
-
withholding
2 420
2 850
-
-
total
2 420
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 141
2 850
11 400
570
After tax
52 859
54 150
45 600
56 430
Living cost
6 882
6 882
6 882
6 882
Free-cash
45 977
47 268
38 718
49 548

Estimated living cost  is ₴6882 per week

₴4657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
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.
₴1705
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
₴13758
₴25377
₴15392
₴21051
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
income
-
-
-
11 638
pensions
-
-
-
10 409
unemployment
-
-
-
85
health
-
-
-
5 608
total
-
-
-
27 740
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.

22 864
-
49 320
-
unemployment
32
-
69
-
pensions
3 544
-
7 644
-
health
1 477
-
3 186
-
income
3 943
-
10 797
-
total
8 996
-
21 696
-
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.

22 864
-
49 320
-
health
1 523
-
3 284
-
unemployment
14
-
29
-
pensions
2 023
-
4 365
-
total
3 560
-
7 678
-
Corporate
30 577
57 000
-
-
income
5 810
10 830
-
-
total
5 810
10 830
-
-
Dividends
24 767
46 170
-
-
withholding
3 715
6 925
-
-
total
3 715
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 081
17 755
29 374
27 740
After tax
34 919
39 245
27 626
29 260
Living cost
13 868
13 868
13 868
13 868
Free-cash
21 051
25 377
13 758
15 392

Estimated living cost  is ₴13868 per week

₴9517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
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.
₴3194
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
₴26362
₴11199
₴15912
-₴24137
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
-
-
-
11 110
social contributions
-
-
-
6 498
total
-
-
-
17 608
Employee
33 667
-
-
-
social contributions
2 761
-
393
-
income
7 426
-
-
-
total
10 187
-
393
-
Employer
33 667
-
-
-
social contributions
47 470
-
6 765
-
total
47 470
-
6 765
-
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
57 657
22 321
7 158
17 608
After tax
-657
34 679
49 842
39 392
Living cost
23 480
23 480
23 480
23 480
Free-cash
-24 137
11 199
26 362
15 912

Estimated living cost  is ₴23480 per week

₴15235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
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.
₴5738
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
₴12173
₴16204
₴15406
₴15683
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
income
-
-
-
5 569
social contributions

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

-
-
-
19 807
surtax
-
-
-
-
total
-
-
-
25 376
Employee
23 780
-
46 061
-
surtax
-
-
-
-
social contributions
2 616
-
5 067
-
income
4 946
-
12 603
-
total
7 562
-
17 670
-
Employer
23 780
-
46 061
-
social contributions
5 648
-
10 939
-
total
5 648
-
10 939
-
Corporate
27 573
57 000
-
-
income
5 790
11 970
-
-
surtax
-
-
-
-
total
5 790
11 970
-
-
Dividends
21 783
45 030
-
-
withholding
6 099
12 608
-
-
total
6 099
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 099
24 578
28 609
25 376
After tax
31 901
32 422
28 391
31 624
Living cost
16 218
16 218
16 218
16 218
Free-cash
15 683
16 204
12 173
15 406

Estimated living cost  is ₴16218 per week

₴12134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₴10118
₴3756
₴7701
₴7310
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
-
-
-
6 178
pensions
-
-
-
13 411
social contributions
-
-
-
1 624
other
-
-
-
1 767
health
-
-
-
1 347
surtax
-
-
-
-
total
-
-
-
24 327
Employee
32 383
-
45 968
-
surtax
-
-
-
-
pensions
3 663
-
2 381
-
social contributions
922
-
1 310
-
income
2 825
-
7 189
-
total
7 410
-
10 880
-
Employer
32 383
-
45 968
-
other
1 118
-
1 586
-
health
2 267
-
3 290
-
unemployment
1 312
-
1 861
-
social contributions
97
-
138
-
pensions
5 321
-
4 155
-
total
10 115
-
11 030
-
Corporate
14 503
57 000
-
-
income
4 061
15 960
-
-
surtax
-
-
-
-
total
4 061
15 960
-
-
Dividends
10 442
41 040
-
-
withholding
1 336
5 253
-
-
surtax
-
-
-
-
social contributions
1 796
7 059
-
-
total
3 132
12 312
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 718
28 272
21 910
24 327
After tax
32 282
28 728
35 090
32 673
Living cost
24 972
24 972
24 972
24 972
Free-cash
7 310
3 756
10 118
7 701

Estimated living cost  is ₴24972 per week

₴16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴342
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.
₴5686
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
₴29127
₴35758
₴27613
₴34021
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
-
-
-
1 306
social contributions
-
-
-
12 539
total
-
-
-
13 845
Employee
16 622
-
49 351
-
income
-
-
1 475
-
social contributions
1 080
-
3 207
-
total
1 080
-
4 682
-
Employer
16 622
-
49 351
-
social contributions
2 577
-
7 649
-
total
2 577
-
7 649
-
Corporate
37 801
57 000
-
-
income
3 780
5 700
-
-
total
3 780
5 700
-
-
Dividends
34 021
51 300
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
7 437
5 700
12 331
13 845
After tax
49 563
51 300
44 669
43 155
Living cost
15 542
15 542
15 542
15 542
Free-cash
34 021
35 758
29 127
27 613

Estimated living cost  is ₴15542 per week

₴10049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
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.
₴4029
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
-₴55439
-₴55439
₴10181
-₴55439
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
-
-
-
447
labour market
-
-
-
4 524
municipal
-
-
-
10 867
national
-
-
-
6 127
total
-
-
-
21 965
Employee
104 902
104 902
104 902
-
municipal
22 338
22 338
22 338
-
labour market
8 380
8 380
8 380
-
pensions
149
149
149
-
national
12 816
12 816
12 816
-
total
43 683
43 683
43 683
-
Employer
104 902
104 902
104 902
-
municipal
22 374
22 374
22 374
-
national
12 838
12 838
12 838
-
labour market
8 392
8 392
8 392
-
pensions
298
298
298
-
total
43 902
43 902
43 902
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
87 585
87 585
87 585
21 965
After tax
-30 585
-30 585
-30 585
35 035
Living cost
24 854
24 854
24 854
24 854
Free-cash
-55 439
-55 439
-55 439
10 181

Estimated living cost  is ₴24854 per week

₴17010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴382
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.
₴5263
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
₴18618
-₴6543
₴27927
₴2906
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
-
-
-
14 327
pensions
-
-
-
2 142
other
-
-
-
191
accident
-
-
-
130
health
-
-
-
1 123
total
-
-
-
17 913
Employee
17 555
-
49 297
-
pensions
1 977
-
3 928
-
health
2 010
-
5 644
-
income
2 408
-
9 947
-
total
6 395
-
19 519
-
Employer
17 555
-
49 297
-
accident
293
-
823
-
unemployment
430
-
1 208
-
pensions
2 854
-
5 672
-
total
3 577
-
7 703
-
Corporate
35 867
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.

32 280
51 300
-
-
total
32 280
51 300
-
-
Dividends
3 587
5 700
-
-
withholding
682
1 083
-
-
total
682
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 934
52 383
27 222
17 913
After tax
14 066
4 617
29 778
39 087
Living cost
11 160
11 160
11 160
11 160
Free-cash
2 906
-6 543
18 618
27 927

Estimated living cost  is ₴11160 per week

₴8123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
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.
₴2191
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
₴12217
₴17643
₴20032
₴17068
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
health
-
-
-
662
municipal
-
-
-
10 140
national
-
-
-
6 315
total
-
-
-
17 117
Employee
27 202
-
47 952
-
unemployment
408
-
719
-
municipal
4 456
-
7 825
-
pensions
1 836
-
3 237
-
health
203
-
523
-
national
449
-
3 580
-
total
7 352
-
15 884
-
Employer
27 202
-
47 952
-
accident
27
-
48
-
health
209
-
369
-
unemployment
177
-
312
-
pensions
4 719
-
8 319
-
total
5 132
-
9 048
-
Corporate
24 665
57 000
-
-
income
4 933
11 400
-
-
total
4 933
11 400
-
-
Dividends

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

14 799
34 200
-
-
municipal
2 664
6 156
-
-
national
-
1 950
-
-
total
2 664
8 106
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 081
19 506
24 932
17 117
After tax
36 919
37 494
32 068
39 883
Living cost
19 851
19 851
19 851
19 851
Free-cash
17 068
17 643
12 217
20 032

Estimated living cost  is ₴19851 per week

₴12966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1909
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.
₴4660
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
₴27684
₴29723
₴28110
₴26909
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
-
-
-
7 100
social contributions
-
-
-
8 366
health
-
-
-
1 453
total
-
-
-
16 919
Employee
39 758
39 758
51 748
-
social contributions
1 503
3 300
4 295
-
health
308
676
880
-
income
4 329
3 680
6 917
-
total
6 140
7 656
12 092
-
Employer
39 758
39 758
51 748
-
health
335
736
958
-
social contributions
1 503
3 300
4 295
-
total
1 838
4 036
5 253
-
Corporate
37 051
13 207
-
-
income
4 631
1 650
-
-
total
4 631
1 650
-
-
Dividends
32 420
11 556
-
-
withholding
5 511
1 964
-
-
total
5 511
1 964
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 120
15 306
17 345
16 919
After tax
38 880
41 694
39 655
40 081
Living cost
11 971
11 971
11 971
11 971
Free-cash
26 909
29 723
27 684
28 110

Estimated living cost  is ₴11971 per week

₴7174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴265
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.
₴3358
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
₴27728
₴38993
₴38098
₴36363
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
income
-
-
-
5 518
pensions
-
-
-
3 289
unemployment
-
-
-
15
health
-
-
-
1 871
total
-
-
-
10 693
Employee

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

11 868
-
51 947
-
unemployment
59
-
245
-
pensions
1 780
-
7 359
-
health
1 009
-
4 170
-
income
811
-
4 236
-
total
3 659
-
16 010
-
Employer

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

11 868
-
51 947
-
health
510
-
2 110
-
unemployment
59
-
245
-
pensions
652
-
2 698
-
total
1 221
-
5 053
-
Corporate
43 911
57 000
-
-
income
3 952
5 130
-
-
total
3 952
5 130
-
-
Dividends
39 958
51 870
-
-
withholding
3 596
4 668
-
-
total
3 596
4 668
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 428
9 798
21 063
10 693
After tax
44 572
47 202
35 937
46 307
Living cost
8 209
8 209
8 209
8 209
Free-cash
36 363
38 993
27 728
38 098

Estimated living cost  is ₴8209 per week

₴5238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2135
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
₴15501
₴24175
₴16851
₴21462
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
-
-
-
11 553
pensions
-
-
-
13 562
other
-
-
-
48
unemployment
-
-
-
336
accident
-
-
-
432
total
-
-
-
25 931
Employee
19 118
-
43 221
-
unemployment
296
-
670
-
pensions
899
-
2 031
-
other
19
-
43
-
income
3 686
-
10 759
-
total
4 900
-
13 503
-
Employer
19 118
-
43 221
-
accident
379
-
856
-
other
153
-
345
-
unemployment
1 052
-
2 377
-
pensions
4 511
-
10 200
-
total
6 095
-
13 778
-
Corporate
31 787
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.

4 769
8 550
-
-
total
4 769
8 550
-
-
Dividends
27 018
48 450
-
-
withholding
5 556
10 057
-
-
total
5 556
10 057
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 320
18 607
27 281
25 931
After tax
35 680
38 393
29 719
31 069
Living cost
14 218
14 218
14 218
14 218
Free-cash
21 462
24 175
15 501
16 851

Estimated living cost  is ₴14218 per week

₴9597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1367
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.
₴3005
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
₴35533
₴34653
₴35598
₴34502
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
-
-
-
19 336
pensions
-
-
-
667
health
-
-
-
484
total
-
-
-
20 487
Employee
1 393
-
56 249
-
unemployment
14
-
33
-
pensions
125
-
300
-
health
70
-
167
-
income
270
-
19 301
-
total
479
-
19 801
-
Employer
1 393
-
56 249
-
health
132
-
317
-
unemployment
28
-
67
-
pensions
153
-
367
-
total
313
-
751
-
Corporate
55 293
57 000
-
-
income
12 165
12 540
-
-
total
12 165
12 540
-
-
Dividends
43 129
44 460
-
-
withholding
8 626
8 892
-
-
total
8 626
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 583
21 432
20 552
20 487
After tax
35 417
35 568
36 448
36 513
Living cost
915
915
915
915
Free-cash
34 502
34 653
35 533
35 598

Estimated living cost  is ₴915 per week

₴544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴74
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴21
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.
₴276
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
₴21876
₴32254
₴21877
₴29714
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
income
-
-
-
11 773
pensions
-
-
-
9 920
unemployment
-
-
-
572
health
-
-
-
3 930
total
-
-
-
26 195
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.

13 463
-
50 170
-
unemployment
101
-
286
-
pensions
1 885
-
5 342
-
health
693
-
1 965
-
income
1 856
-
11 773
-
total
4 535
-
19 366
-
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.

13 463
-
50 170
-
health
693
-
1 965
-
unemployment
101
-
286
-
pensions
1 616
-
4 579
-
total
2 410
-
6 830
-
Corporate
41 127
57 000
-
-
income
6 169
8 550
-
-
total
6 169
8 550
-
-
Dividends
34 958
48 450
-
-
withholding
5 244
7 268
-
-
total
5 244
7 268
-
-
Income
57 000
57 000
57 000
57 000
Total tax
18 358
15 818
26 196
26 195
After tax
38 642
41 182
30 804
30 805
Living cost
8 928
8 928
8 928
8 928
Free-cash
29 714
32 254
21 876
21 877

Estimated living cost  is ₴8928 per week

₴6011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1968
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
₴14452
₴18483
₴17685
₴18295
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
income
-
-
-
5 569
social contributions

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

-
-
-
19 807
surtax
-
-
-
-
total
-
-
-
25 376
Employee
20 067
-
46 061
-
surtax
-
-
-
-
social contributions
2 208
-
5 067
-
income
3 921
-
12 603
-
total
6 129
-
17 670
-
Employer
20 067
-
46 061
-
social contributions
4 766
-
10 939
-
total
4 766
-
10 939
-
Corporate
32 167
57 000
-
-
income
6 755
11 970
-
-
surtax
-
-
-
-
total
6 755
11 970
-
-
Dividends
25 412
45 030
-
-
withholding
7 116
12 608
-
-
total
7 116
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 766
24 578
28 609
25 376
After tax
32 234
32 422
28 391
31 624
Living cost
13 939
13 939
13 939
13 939
Free-cash
18 295
18 483
14 452
17 685

Estimated living cost  is ₴13939 per week

₴9873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴2851
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
₴11548
₴20222
₴12898
₴16278
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
-
-
-
11 553
pensions
-
-
-
13 562
other
-
-
-
48
unemployment
-
-
-
336
accident
-
-
-
432
total
-
-
-
25 931
Employee
24 971
-
43 221
-
unemployment
387
-
670
-
pensions
1 173
-
2 031
-
other
25
-
43
-
income
5 215
-
10 759
-
total
6 800
-
13 503
-
Employer
24 971
-
43 221
-
accident
495
-
856
-
other
200
-
345
-
unemployment
1 374
-
2 377
-
pensions
5 893
-
10 200
-
total
7 962
-
13 778
-
Corporate
24 068
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.

3 610
8 550
-
-
total
3 610
8 550
-
-
Dividends
20 458
48 450
-
-
withholding
4 179
10 057
-
-
total
4 179
10 057
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 551
18 607
27 281
25 931
After tax
34 449
38 393
29 719
31 069
Living cost
18 171
18 171
18 171
18 171
Free-cash
16 278
20 222
11 548
12 898

Estimated living cost  is ₴18171 per week

₴13050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1413
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.
₴3453
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
₴36601
₴39841
₴34734
₴36690
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
-
-
-
8 550
pensions

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

-
-
-
2 673
unemployment
-
-
-
72
health
-
-
-
2 077
total
-
-
-
13 372
Employee
11 778
-
53 457
-
pensions

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

1 034
-
1 586
-
health
542
-
831
-
accident

We are using the highest rate at 1.1%.

129
-
199
-
income
1 178
-
5 346
-
total
2 883
-
7 962
-
Employer
11 778
-
53 457
-
accident

We are using the highest rate at 1.1%.

129
-
199
-
health
813
-
1 246
-
unemployment
71
-
108
-
pensions

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

1 298
-
1 990
-
total
2 311
-
3 543
-
Corporate
42 912
57 000
-
-
income
4 291
5 700
-
-
total
4 291
5 700
-
-
Dividends
38 620
51 300
-
-
withholding
1 931
2 565
-
-
total
1 931
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 416
8 265
11 505
13 372
After tax
45 584
48 735
45 495
43 628
Living cost
8 894
8 894
8 894
8 894
Free-cash
36 690
39 841
36 601
34 734

Estimated living cost  is ₴8894 per week

₴5883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2291
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
₴19900
₴9430
₴15170
₴16194
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
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.

-
-
-
12 898
trade
-
-
-
4 730
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.

-
-
-
3 532
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.

-
-
-
709
total
-
-
-
21 869
Employee

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

25 726
-
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.

117
-
709
-
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.

3 532
-
3 532
-
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.

2 115
-
12 898
-
total
5 764
-
17 139
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 274
57 000
-
-
income
4 691
8 550
-
-
trade
4 488
8 179
-
-
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.

258
470
-
-
chamber of commerce
125
162
-
-
total
9 562
17 361
-
-
Dividends
21 713
39 639
-
-
withholding
5 232
9 714
-
-
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.

287
534
-
-
total
5 519
10 248
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 845
27 609
17 139
21 869
After tax
36 155
29 391
39 861
35 131
Living cost
19 961
19 961
19 961
19 961
Free-cash
16 194
9 430
19 900
15 170

Estimated living cost  is ₴19961 per week

₴13770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴289
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.
₴3754
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
₴8112
₴10447
₴8112
₴11589
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
-
-
-
14 254
social contributions
-
-
-
5 181
total
-
-
-
19 435
Employee
40 444
-
57 000
-
income
7 632
-
14 254
-
social contributions
3 360
-
5 181
-
total
10 992
-
19 435
-
Employer
40 444
-
57 000
-
total
-
-
-
-
Corporate
16 556
57 000
-
-
income
2 069
7 125
-
-
total
2 069
7 125
-
-
Dividends
14 487
49 875
-
-
withholding
2 897
9 975
-
-
total
2 897
9 975
-
-
Income
57 000
57 000
57 000
57 000
Total tax
15 958
17 100
19 435
19 435
After tax
41 042
39 900
37 565
37 565
Living cost
29 453
29 453
29 453
29 453
Free-cash
11 589
10 447
8 112
8 112

Estimated living cost  is ₴29453 per week

₴22407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
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.
₴4364
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
₴23177
₴15549
₴20284
₴17356
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
-
-
-
14 718
health

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

-
-
-
3 229
total
-
-
-
17 947
Employee
23 719
-
54 622
-
income
2 574
-
10 298
-
social contributions
2 376
-
2 378
-
total
4 950
-
12 676
-
Employer
23 719
-
54 622
-
social contributions
2 376
-
2 378
-
total
2 376
-
2 378
-
Corporate
30 905
57 000
-
-
income
10 817
19 950
-
-
total
10 817
19 950
-
-
Dividends
20 088
37 050
-
-
social contributions
2 732
2 732
-
-
total
2 732
2 732
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 875
22 682
15 054
17 947
After tax
36 125
34 318
41 946
39 053
Living cost
18 769
18 769
18 769
18 769
Free-cash
17 356
15 549
23 177
20 284

Estimated living cost  is ₴18769 per week

₴12363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
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.
₴4638
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
₴15898
₴21696
₴21042
₴20385
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
-
-
-
12 584
pensions
-
-
-
3 996
total
-
-
-
16 580
Employee
26 599
-
50 116
-
pensions
2 030
-
4 853
-
health
347
-
830
-
income
4 844
-
9 157
-
total
7 221
-
14 840
-
Employer
26 599
-
50 116
-
health
506
-
952
-
pensions
2 687
-
5 932
-
total
3 193
-
6 884
-
Corporate
27 209
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.

5 170
10 830
-
-
total
5 170
10 830
-
-
Dividends
22 038
46 170
-
-
withholding
1 653
5 096
-
-
total
1 653
5 096
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 237
15 926
21 724
16 580
After tax
39 763
41 074
35 276
40 420
Living cost
19 378
19 378
19 378
19 378
Free-cash
20 385
21 696
15 898
21 042

Estimated living cost  is ₴19378 per week

₴13293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1782
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.
₴4059
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
₴17513
-₴7648
₴26822
₴2735
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
-
-
-
14 327
pensions
-
-
-
2 142
other
-
-
-
191
accident
-
-
-
130
health
-
-
-
1 123
total
-
-
-
17 913
Employee
19 293
-
49 297
-
pensions
2 172
-
3 928
-
health
2 209
-
5 644
-
income
2 647
-
9 947
-
total
7 028
-
19 519
-
Employer
19 293
-
49 297
-
accident
322
-
823
-
unemployment
473
-
1 208
-
pensions
3 137
-
5 672
-
total
3 932
-
7 703
-
Corporate
33 775
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.

30 398
51 300
-
-
total
30 398
51 300
-
-
Dividends
3 378
5 700
-
-
withholding
642
1 083
-
-
total
642
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 000
52 383
27 222
17 913
After tax
15 000
4 617
29 778
39 087
Living cost
12 265
12 265
12 265
12 265
Free-cash
2 735
-7 648
17 513
26 822

Estimated living cost  is ₴12265 per week

₴9001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴2302
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

Close
Skopje , Macedonia
₴29789
₴40991
₴25466
₴38965
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
income
-
-
-
8 885
pensions
-
-
-
10 488
unemployment
-
-
-
684
health insurance
-
-
-
4 218
work injury
-
-
-
285
total
-
-
-
24 560
Employee

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

11 158
-
57 000
-
unemployment
134
-
495
-
work injury
56
-
206
-
pensions
2 053
-
7 596
-
health insurance
826
-
3 055
-
income
1 116
-
8 885
-
total
4 185
-
20 237
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 842
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
45 842
56 430
-
-
withholding
6 876
8 465
-
-
total
6 876
8 465
-
-
Income
57 000
57 000
57 000
57 000
Total tax
11 061
9 035
20 237
24 560
After tax
45 939
47 965
36 763
32 440
Living cost
6 974
6 974
6 974
6 974
Free-cash
38 965
40 991
29 789
25 466

Estimated living cost  is ₴6974 per week

₴4320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴507
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.
₴1929
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

Close
Rome , Italy
₴5088
₴9426
₴7694
₴7074
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
regional
-
-
-
1 187
social contributions
-
-
-
14 661
municipal
-
-
-
381
national
-
-
-
12 479
total
-
-
-
28 708
Employee
43 569
-
57 000
-
municipal
260
-
340
-
social contributions
14 691
-
19 220
-
regional
658
-
1 008
-
national
7 363
-
10 746
-
total
22 972
-
31 314
-
Employer
43 569
-
57 000
-
total
-
-
-
-
Corporate
13 431
57 000
-
-
nationa
3 223
13 680
-
-
municipal
648
2 747
-
-
total
3 871
16 427
-
-
Dividends
9 560
40 573
-
-
withholding
2 485
10 549
-
-
total
2 485
10 549
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 328
26 976
31 314
28 708
After tax
27 672
30 024
25 686
28 292
Living cost
20 598
20 598
20 598
20 598
Free-cash
7 074
9 426
5 088
7 694

Estimated living cost  is ₴20598 per week

₴14468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
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.
₴4401
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close